(as of Apr 2016)

Contact Information

Room B513A, Front Main Building,

Department of Finance and Statistics, Beijing Normal University,

No.19, Xinjiekou Outer Street, Haidian Dist, Beijing, 100875, P. R. China

Email: zhangxun@bnu.edu.cn

Website: http://xunzhang.weebly.com

Education

Ph.D.                          Economics, Peking University, 2015

Visiting Scholar         Department of Economics, New York University, 2012-2013

B.Sc.                           Statistics, Sun Yat-sen University, 2010

B.A.                            Finance, Sun Yat-sen University, 2010

Research Interest

Macro Accounting, Macroeconomics, Development Economics, Chinese Economy

Work Experience

2015-Present               Assistant Professor, Department of Finance, School of Statistics, Beijing Normal University, China

Honors and Awards

1)        Beijing Outstanding Graduates, 2015

2)        Outstanding Graduates of Peking University, 2015

3)        Third Prize of Key Research Projects of the People's Bank of China, 2014

Memberships

China Finance 40 Forum, Chinese Economists Society (CES), Econometric Society, Regional Science Association International (RSAI), Urban Economics Association

Publications

In English

1)        Capital Structure Premium in Multinational SOEs: Evidence from China, with R. Zhang, Review of Development Economics, 2016, 20(1), pp. 283-293.

2)        Traffic Accidents involving Fatigue Driving and Their Extent of Casualties, with G. Zhang, K. K. Yau and Y. Li, Accident Analysis and Prevention, 2016, 87, pp. 34-42.

3)        Synthetic CDO Pricing: the Perspective of Risk Integration, with C. Hu and Q. Gao, Applied Economics, 2015, 47(15), pp. 1574-1587.

4)        China's Sovereign Debt: A Balance-Sheet Perspective, with J. Xu and X. Zhang, China Economic Review, 2014, 31, pp. 53-73.

5)        Analyzing Fault and Severity in Pedestrian–motor Vehicle Accidents in China, with G. Zhang and K. K. Yau, Accident Analysis and Prevention, 2014, 73, pp. 141-150.

In Chinese

6)        What Raises China’s Capital Return? (in Chinese), with J. Xu, China Economic Quarterly (Jingjixue Jikan), forthcoming.

7)        The Speculation of Chinese Warrant Market (in Chinese), China Economic Statistics Quarterly (Jingjitongjixue Jikan), forthcoming.

8)        The Catching-up Cycle of Catching-up Economies (in Chinese), with P. Liu and S.  Jia, Management World (Guanli Shijie), 2015, 5, pp. 7-18.

9)        The Effect of Infrastructure on Urban-rural Income Gap (in Chinese), with X. Liu and W. Fang, Journal of World Economy (Shijie Jingji), 2015, 3, pp. 145-170.

10)    State-controlled Ownership, Strategic Industries and Multinational Enterprises Capital Structure (in Chinese), with D. Xiang and R. Zhang, Journal of Financial Research (Jinrong Yanjiu), 2015, 1, pp. 178-191.

11)    China’s Capital Return Revisited (in Chinese), with J. Xu, Journal of World Economy (Shijie Jingji) (Leading Article), 2014, 8, pp. 3-23.

12)    Rural Labor Migration and Household Saving Rate (in Chinese), with X. Liu and G. Fan, Economic Research Journal (Jingji Yanjiu), 2014, 4, pp. 130-142.

13)    Public Capital Spillovers in China’s Economic Growth (in Chinese), with W. Fang, Journal of Quantitative & Technical Economics (Shuliang Jingji Jishu Jingji Yanjiu), 2013, 12, pp. 126-139.

14)    China's Sovereign Debt: Situation, Investment and Risk Analysis (in Chinese), with J. Xu, South China Journal of Economics (Nanfang Jingji), 2013, 1, pp. 14-34.

15)    Does Wealth Effect Exist in China? (in Chinese), with C. Sun and Y. Sun, Modern Economic Science (Dangdai Jingji Kexue), 2013, 1, pp.16-20.

Working Papers

1)        Catching-up Cycles: A General Equilibrium Framework, with P. Liu and S. Jia.

2)        Who Gains More from Which Infrastructure in Rural China, with G. Wan, ADBI Working Paper, No. 540.

3)        China’s Capital Returns and Investment Revisited, with Y. Tang and J. Xu.

4)        Structural Change with Public Educational Expenditure: Evidence from China.

5)        Urbanizing with Equity Consideration, with Z. Luo and G. Wan.

6)        Urbanization, Learning by Doing, and Capital Return, with Z. Luo, G. Wan, and C. Wang.

7)        Roads and Productivity Growth, with R. Dai and R. Zhang.

8)        Regional Economic Interactions in China: Knowledge Spillover or Technological Diffusion? (in Chinese), with K. Qiao.

Referee Service

Quantitative Finance, China Economic Review, Economic Systems, Economic Research Journal (in Chinese), China Economic Quarterly (in Chinese), Journal of World Economy (in Chinese), Journal of Financial Research (in Chinese)

Research Grants

Key Post-Doc Grant (2015M580055), 2015.

Cooperated Work

1)        Urbanization-Poverty-Inequality Triangle in Asia and the Pacific, Asian Development Bank.

2)        The Risk Evaluation of the 13th Five Year, Development Research Center of the State Council of China.

3)        The Driving Factors of China’s Investment and Its Long-term Trend, People’s Bank of China.

4)        Building Resilience to Natural Disasters and Major Economic Crises, United Nations ESCAP.

Invited Lectures and Papers Presented

Dec. 2015, “Roads and the Inventory”, Conference on One Belt One Road: Opportunities of Development for Shanghai and Hong Kong, Chinese University of Hong Kong, Hong Kong.

Dec, 2015, “Who Gains More from Which Infrastructure in Rural China?”, Conference on Economic and Social Impacts of Infrastructure Projects: Workshop on Methods and Case Studies, Islamabad, Pakistan.

Nov. 2015, “Structural Change and Regional Inequality”, Conference on Escaping the Middle-Income Trap, Asian Development Bank Institute, Tokyo, Japan.

Nov. 2015, “Catching-up Cycles”, Conference on Implications of a Possible PRC Growth Slowdown, Asian Development Bank Institute, Tokyo, Japan.

Oct. 2015, “Urbanizing with Equity Consideration”, Conference on CCER Trade and Development, Yantai.

Sep, 2015, “How Does Infrastructure Affect Inventory Adjustment?”, Conference on Big Economy Forum, Hunan Normal University, Changsha.

Jul, 2015, “Who Gain More from Which Infrastructure in Rural China?”, Presented at the 15th China Youth Economists Forum, Xiamen University, Xiamen.

Jun, 2015, “Who Gain More from Which Infrastructure in Rural China?”, in Agriculture for Sustainable Growth: Challenges and Opportunities for a New “Green Revolution”, Casablanca, Morocco.

May, 2015, “Agricultural Productivity, Labor Migration, and Agriculture-industry Co-development”, Presented at the Young Economist Society Conference, Xiamen University, Xiamen.

Mar, 2015, “China’s Capital Returns and Investment Revisited”, in Chinese Economists Society (CES) North America Conference, University of Michigan, USA.

Nov, 2014, “The Effect of Infrastructure on Urban-rural Income Gap”, Conference on Internal Migration, Urbanization, Poverty and Inequality in Asia, Siem Reap, Cambodia.

Nov, 2014, “The Effect of Infrastructure on Urban-rural Income Gap”, Invited Seminar, Wuhan University, Wuhan.

Aug, 2014, “China’s Capital Returns and Investment Revisited”, Conference on the future of Chinese Real Estate Market, Southwestern University of Finance and Economics, Chengdu.

Mar, 2014, “China's Sovereign Debt: A Balance-Sheet Perspective”, in Chinese Economists Society (CES) North America Conference, Purdue University, USA.

Jan, 2014, “China's Sovereign Debt: A Balance-Sheet Perspective”, Invited Seminar, China Finance 40 Forum, Beijing.

Nov, 2013, “China’s Capital Returns and Investment Revisited”, in China Economics Annual Conference, Southwestern University of Finance and Economics, Chengdu.

Nov, 2013, “China's Sovereign Debt: A Balance-Sheet Perspective”, in China Economics Annual Conference, Southwestern University of Finance and Economics, Chengdu.

Sep, 2013, “China’s Capital Returns and Investment Revisited”, Presented at the 13th China Youth Economic Scholars Forum, Beijing Normal University, Beijing.