TEACHING AND RESEARCH AREAS

Teaching Programme : Principles of economics, International Finance

Teaching Focusing : International Finance, Macroeconomics

Research Areas : International Finance, Monetary Theory and Policy, Chinese Financial Issues

ACADEMIC EXPERIENCE

Professor, Wuhan University, November 2011 – present

Associate Professor, Wuhan University, December 2006 - November 2011

Instructor, Wuhan University, 2005 - 2006

SELECTED PUBLICATIONS

Journal Papers (International)

ŸSheng Wang and Rufei Guo, 2016. Asymmetric Exchange Rate Pass-through and Monetary Policy in Open Economy. Annals of Economics and Finance 17-1, 33–53.

ŸSheng Wang and Shangyao Zhou, 2022. RMB Internationalization and the Effectiveness of Exchange Rate Intervention. Annals of Economics and Finance 23-2, 373–404.

ŸHaoquan Zhao, Sheng Wang, Ziang Chen, 2024. Uncertainty, Endogenous Asset Portfolio, and Credit Distortion. Annals of Economics and Finance 25-2, 591–648.

Journal Papers (Domestic)

ŸWang Sheng and Zeng Zhi, "Nonlinearity Analysis of Exchange Rate Pass-Through in China ", World Economy Study, 2014(8), pp.28-34

ŸWang Sheng and Tian Tao, "The Study on the Effect of China’s OFDI on International Trade", World Economy Study, 2014(10), pp.80-86

ŸWang Sheng, "The International Money, Exchange Rate Pass-Through and Monetary Policy", Financial Research, 2015(3), pp.18-35

ŸWang Sheng and Tian Tao, "Analysis on the CPI Transmission Effect of RMB Exchange Rate-from the Perspective of the Mean and Volatility Spillover Level", Studies of International Finance, 2015(4), pp.87-96

ŸWang Sheng, Sun Yiteng, "Exchange Rate Transmission and Monetary Policy Tool Selection - DSGE Model Based on Open Economy", Journal of China University of Geosciences (Social Sciences Edition), Issue 3, 2017, Pages 128-140;

ŸWu Yangwei, Wang Sheng, "Cultivation and Re interpretation of China's Trade Advantage", The Economist, Issue 5, 2017, pp. 36-43;

ŸWu Yangwei, Wang Sheng, "Reconstruction of China's Trade Advantage: Theoretical Guidance and Strategic Support," World Economic Research, Vol. 9, 2017, pp. 65-77+136;

ŸWang Sheng, Liao Xi, "Internationalization of the Renminbi and Optimal Monetary Policy: Analysis from the Perspective of Exchange Rate Transmission", Economic Review, Vol. 6, 2017, pp. 122-134; (Outstanding Paper of 2017 by Economic Review)

ŸWang Sheng, Qu Aixia, "Exchange Rate Transmission, Currency Mismatch, and Optimal Currency Rules," World Economic Journal, 2018, Issue 2, pp. 40-56;

ŸWu Yangwei, Wang Sheng, "Exploration of Building an Upgraded Version of Free Trade Pilot Zones", International Trade, Issue 3, 2018, pp. 16-20;

ŸWu Yangwei, Wang Sheng, Li Xiaodan, "Research Progress on Tariff Absorption in International Trade: A Theoretical Framework", International Trade Issues, Vol. 5, 2018, pp. 160-174;

ŸWu Yangwei, Wang Sheng, "Revisiting Comparative Advantage and Competitive Advantage", The Economist, Vol. 11, 2018, pp. 40-47;

ŸWang Sheng, Bo Wen, Li Baoxia, "Renminbi Exchange Rate, Market Share, and Export Prices," World Economic Research, November 2018, pp. 65-77;

ŸWang Sheng and Zhou Shangyao, "Zero Lower bound of Interest Rates, Exchange Rate Transmission, and Monetary Policy," Statistical Research, December 2018, pp. 26-44;

ŸWang Sheng, Zhou Shangyao, Zhang Yuan, "Interest Rate Shocks, Capital Flows, and Economic Fluctuations: An Analysis from an Asymmetric Perspective," Economic Research, June 2019, pp. 106-120;

ŸWang Sheng and Zhao Chunchen, "Transmission Mechanism between RMB Exchange Rate and Stock Price: Empirical Test Based on DCC-GARCH Model", Industrial Technology and Economics, Issue 4, 2020;

ŸLi Baoxia, Wang Sheng, and Bo Wen, "Exchange Rate Transmission from the Perspective of Competitive Countries: Facts and Mechanism Analysis," World Economy, August 2020, pp. 3-25;

ŸCui Qiyong, Zhang Yuan, Wang Sheng, "International Macroeconomic Policy Coordination on the the Belt and Road: Mechanism Basis and China's Role", The Economist, August 2020, pp. 49-58;

ŸZhang Bizhou, Wang Sheng, Xie Zhen, "Joint Credit, Property Rights and Corporate Investment Behavior", International Finance Research, Issue 2, 2021, pp. 87-96;

ŸWang Sheng, Zhou Shangyao, Zhao Haoquan, "Research on the Impact of US Interest Rate Reduction and Tariff Increase on China's Economy", International Trade Issues, March 2021, pp. 1-16;

ŸWang Sheng, Liu Bowen, Wang Hao'an, Liu Weiping, "US Dollar Hegemony from the Perspective of Federal Reserve Monetary Policy Adjustment", International Financing, Issue 4, 2021, Pages 10-14;

ŸZhou Shangyao and Wang Sheng, "The Causes, Structure, and Systemic Risks of Shadow Banking in China," Economic Research, July 2021, pp. 78-95;

ŸWang Sheng, Zhang Bizhou, Xie Zhen, "Joint Credit, Corporate Investment Behavior, and Corporate Value," Financial Forum, November 2021, pp. 17-26;

ŸWang Sheng and Zhao Haoquan, "Is the 'pandemic subsidy' policy suitable for the Chinese economy? - A comparative analysis based on quantitative and price based monetary policies", Journal of Central China Normal University (Humanities and Social Sciences Edition), June 2021, pp. 45-58;

ŸWang Sheng, Xiao Zeliang, Liu Weiping, Wu Yu, "dollarization and spillover effects of monetary policy", World Economic Research, June 2022, pp. 79-94; (Reprinting the full text of the People's Congress' copied materials from the World Economic Journal in September 2022)

ŸLi Baoxia, Zhang Hui, Wang Sheng, Zhang Yunxiao, "Exchange Rates and Export Product Quality of Competitive Countries: An International Impact of the Renminbi Exchange Rate", World Economy, Issue 3, 2023, pp. 3-31;

ŸWang Sheng and Liu Lanxin, "Will population aging exacerbate the phenomenon of enterprises shifting from reality to virtuality?" Modern Financial Research, November 2024, pp. 3-13;

Textbooks

International Finance (Second Edition), Wuhan University Press, Associate Editor, September 2023

Monography

Wang Sheng, 2006, A Study on New Open Economy Macroeconomics, Wuhan: Wuhan University Press.

Zhang Bin, Wang Sheng, Yu Zhen, "Welfare Effects of International Economic Integration: A Comparative Study from the Perspective of Developing Countries", Social Sciences Academic Press, November 2009Ÿ

RESEARCH GRANTS

Government-funded grants

The Research on Incomplete Exchange Rate Pass-Through (Chinese National Natural Science Foundation), 2008, Ref.70803037

The Empirical Measurement of Exchange Rate Pass-Through of RMB and the Macroeconomic Influence (Funds provided by Chinese Ministry of Education), 2008, Ref.08JA790097

The Research on Monetary Policy and Welfare Analysis under Incomplete Exchange Rate Pass-Through (Chinese National Natural Science Foundation), 2012, Ref.71273200

2015 Wuhan University Independent Research Project "Exchange Rate Transmission and China's Monetary Policy"

2017 National Natural Science Foundation of China General Project "Incomplete Exchange Rate Transmission and Monetary Policy Research - Issues and Challenges in the Process of Economic Globalization" (No. 71773085)

2019 National Social Science Fund Major Research Special Project: "Research on the Impact of US Interest Rate Policy Adjustment on the US Economy" (No. 19VMG022)

Corporate-funded grants

2018 Wuhan Development and Reform Commission Thirteenth Five Year Plan "Outline" Mid term Third Party Evaluation Commission

Research on the Transformation and Development of Social Management Mode in Liudong New District, Liuzhou City in 2018

2023 Hubei Rural Agriculture Department Cooperation Project: Research on New Cross border Barter Trade

International collaborative grants

AWARDS AND HONORS

Leader of the Outstanding Academic Team of "Post-70s" at Wuhan University (2016)

Top Ten Undergraduate Classroom Teaching Evaluation of the School of Economics and Management in the First Semester of 2019-2020 (2020)

Second Prize of the 17th Wuhan Social Science Outstanding Achievement Award for Monetary Policy Analysis from the Perspective of Exchange Rate Transmission (2020)

2020-2021 Business Development Research Achievement Award Excellence Award "the Belt and Road International Macroeconomic Policy Coordination: Mechanism Basis and China's Role"

Excellent Tutor Award in the International Trade Competition Finals of the 2024 National College Business Elite Challenge (Second Prize of Wuhan University) (May 2024)

First Prize for Key Research Projects of the Chinese Society of Finance in 2023-2024: Housing Demand Shock, Local Government Behavior, and Monetary Fiscal Policy Coordination, November 2024