Professor Chen Qiang and His Students’ Co-Authored Paper Officially Published in China Economic Quarterly
2026-04-13
Recently, the paper Shadow Banking, Structural Monetary Policy and Optimal Capital Regulation Policy, co-authored by Professor Chen Qiang from the Department of Econometrics, doctoral student Jiang Zeyu, and doctoral student Li Yike from the Department of Macroeconomics at the School of Economics, Shanghai University of Finance and Economics, has been officially published in China Economic Quarterly, a domestic Class‑A authoritative journal.AbstractWithin a New Keynesian framework, this paper incorporates sectorally heterogeneous financing constraints and shadow banking with default risk to in...