經濟中南Seminar是由澳门永利集团304官网手机發起創辦，由澳门永利集团304官网手机師生全力打造的學術研讨平台。經濟中南Seminar計劃每兩周開展一次，其中以青年教師和學生分享經典文獻、報告與讨論工作論文為主，并且将有計劃的邀請國内外經濟學領域的傑出學者做專題講座或報告其最新工作論文。
經濟中南Seminar第23期由西密歇根大學終身職教授James Hueng主講，主要内容如下：
主題：Domestic financial instability and foreign reserves accumulation in China
主講人：C. James Hueng
時間：2019年5月7日晚 19:00-20:30
地點：文澴樓301
主講人簡介：洪教授為西密歇根大學終身職教授，博士班導師，已指導過23位博士生。目前發表了三十篇國際學術論文，包括著名領域期刊如Journal of Money, Credit and Banking, Journal of Empirical Finance, Journal of Macroeconomics, 以及區域期刊如Southern Economics Journal，China Economic Review，Japan and World Economy。已為超過三十個國際期刊擔任審委評審超過一百篇論文，包括頂尖經濟期刊如American Economic Review，目前擔任Atlantic Economic Journal的編輯委員。2010年獲得富布萊特獎學金擔任台灣大學高等人文社會科學研究院訪問學者，2017年獲得富布萊特獎學金擔任澳门永利集团304官网手机訪問學者。
主講内容：Using a time series analysis, this paper argues that domestic financial instability, which increases the potential for resident-based capital flight from the domestic currency, provides an incentive for China to hold more foreign reserves in the short run. To measure its domestic financial conditions, we construct a monthly Chinese financial stress index, which is used as a proxy for the possibility of capital flight. The empirical results show that this index is a significant determinant of the movements of China’s foreign reserves around its trend and that using M2 as a proxy for domestic financial instability as suggested by previous studies is not a valid strategy for China. It is suggested that greater attention should be given to the role of domestic financial conditions in explaining China’s short-run demand for foreign reserves.
本講座主要目的在于分享洪教授與一位中國教授在這篇文章的合作過程，藉以提供院内有興趣與洪教授合作的教授及研究生一個合作模式。