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主讲人：
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Zehao Li |
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主讲人简介：
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Li Zehao received his Ph.D. in economics from University of Wisconsin-Madison before joining CUHK Shenzhen in 2020. He is interested in macroeconomics, focusing on business cycle theory, financial frictions, and monetary policy. |
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主持人：
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Jianpo Xue |
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简介：
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Secular declines in global sovereign yields are concentrated in short event windows around U.S. monetary policy announcement dates. Cumulative changes in sovereign yields during FOMC announcement dates contain critical information for explaining the persistent variations in the yields, predicting future yields and excess bond returns, and determining interest rate expectations and term premia. We build a dynamic term structure model with shifting endpoints to study the effects of U.S. monetary policy on world yield curves. Our findings highlight that U.S. monetary policy drives the secular declines in global interest rates by reducing expected interest rates. |
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时间：
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2024-03-14 (Thursday) 16:40-18:00 |
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地点：
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Room N302, Economics Building |
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期数：
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高级经济学系列讲座2024年春季学期第一讲（总471讲） |
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主办单位：
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厦门大学经济学院、王亚南经济研究院、邹至庄经济研究院 |
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承办单位：
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类型：
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系列讲座 |
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联系人信息：
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Ms. Daisy Xu, Tel. : 0592-2182991 |
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语言：
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English |
