Syllabus:  [pdf]

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Topic 1: Macroeconomics of Digital Economy

• Lecture 1: Firm's decisions under information frictions

  • note: [pdf]

• Lecture 2: Firm's endogenous data demand

  • note: [pdf]​

• Lecture 3: General equilibrium  analysis for data economy

  • note: [pdf]​

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Topic 2:  Banking and Business Cycles​​

• Lecture 1: Credit expansion and financial crisis​

  • Dong and Xu, (2020, JET) [paper][slides]​​

• Lecture 2: Understanding Chinese monetary policy: a bank-risk taking perspective

  • Li, Liu, Peng and Xu, (2020) [paper]​ [slides]

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