GONG Liutang
	Professor
	Department of Economics
	Email: ltgong@gsm.pku.edu.cn
	Phone : (010)6275-7768
	PhD, Mathematics, Wuhan University, China (1994-1997)
	M.A, Mathematics, Wuhan University, China (1992-1994)
	B.A., Mathematics, Wuhan University, China (1988-1992)

TEACHING AND RESEARCH AREAS

Teaching Programme: Offer foundational courses such as 'Economics' and 'Intermediate Macroeconomics' for undergraduates, and provide specialized and foundational courses such as 'Advanced Macroeconomics,' 'Topics in Advanced Macroeconomics,' 'Public Finance Theory,' 'Dynamic Economics,' and 'Optimization Methods in Economics and Finance' for graduate students.

Teaching Focusing: Macroeconomics, Public Finance, Dynamic Economics, and Optimization Methods in Economics and Finance

Research Areas: Macroeconomics, Dynamic Economics, Public Finance, and Issues Related to the Chinese Economy.

ACADEMIC EXPERIENCE

Professor, Department of Applied Economics, Guanghua School of Management, Peking University, 2004–Present

Associate Professor, Department of Applied Economics, Guanghua School of Management, Peking University, 1999–2004

Associate Professor, Advanced Research Center, Wuhan University, 1997–1999

INTERNATIONAL EXPERIENCE

Postdoctoral Research, World Bank and Harvard University, July 1997 – March 1998

MANAGERAL AND PRACTICAL EXPERIENCE

Editorial Board Member of Economic Research, Annals of Economics and Finance, Systems Engineering, China Rural Finance Research, and Economic Mathematics.

CONSULTING AND TRAINING EXPERIENCE (GOVERNMENT OR CORPORATE)

Executive Director of the China Rural Finance Society;

Member of the 11th National Youth Federation, Member of the 9th Beijing Youth Federation, and Member of the 4th Central Government Youth Federation.

SELECTED PUBLICATIONS

Journal Papers (International)

Currency Misalignments, International Trade in Intermediate Inputs, and Inflation Targeting，Journal of International Money and Finance，2023

The Consumption-stimulating Effect of Public Rental Housing in China，China & World Economy, Volume 30, Issue 1. 2022. PP 106-135

The Effect of Tax Incentives on Energy Intensity: Evidence from China's VAT Reform. Energy Economics, 108, April 2022, 105887（ESI高被引）

The Impact of Environmental Regulation Policy on Firms’ Energy-Saving Behavior: A Quasi-Natural Experiment based on China’s Low-carbon Pilot City Policy. Resources Policy,76（2022）102538

Supply-side Optimal Capital Income Taxation with Endogenous Inequality. Journal of Public Economics.2021Optimal monetary policy in a model of vertical production and trade with reference currency,  The B.E. Journal of Macroeconomics，2020

A General Method for Comparative Dynamics in Continuous-Time Models,  Australian Economic Papers, 2020

Land-price dynamics and macroeconomic fluctuactions with nonseperable preferences. Journal of Economic Dynamics and Control, 2017

Optimal monetary policy with international trade in intermediate inputs. Journal of International Money and Finance, 2016

The Z -transform method for multidimensional dynamic economic systems. Applied Economics Letters 20(11), 1081-1088

Health investment, physical capital accumulation, and economic growth. China Economic Review

On the concavity of consumption function with the time-varying discount rate. Economics Letters.

The Risk-free rate in a finite horizon model with bequest. Bulletin of Economic Research

A Note on “A One-sector Neoclassical Growth Model with Endogenous Retirement”: Existence of Multiple Steady States. Japanese Economic Review

The Z-transform and Comparative Dynamics in Discrete-time Models. Macroeconomic Dynamics

Public Expenditures, Taxes, Federal Transfers, and Endogenous Growth. Journal of Public Economic Theory

Stochastic growth with social-status concern: the existence of a unique stable distribution. Journal of Mathematical Economics

Health, Taxes, and Growth. Annals of Economics and Finance.

Social Status, the Spirit of Capitalism, and the Term Structure of Interest Rates in Stochastic Production Economies. In: Economic Dynamics: Theory, Games and Empirical Studies.

Uninsurable Entrepreneurial Risk, Capital Market Imperfections, and Heterogeneity in the Macroeconomy. Macroeconomic Dynamics 2010, pp 269-284

Macroeconomic Policies and Foreign Asset Accumulation in a Finite-Horizon Mode. Annals of Economics and Finance.

Marshallian time preference and monetary non-neutrality. Economic Modelling.

Social Status, Inflation Uncertainty, and Growth in a Cash-in-Advance Economy. International Economic Journal.

Foreign Aid, Domestic Capital Accumulation, and Foreign Borrowing. Journal of Macroeconomics.

Consumption and Risk. Economics Letters. 2007

Does observational equivalence always hold in hyperbolic discounting models? Economics Bulletin, Vol. 5, No. 8 pp. 1−8

Endogenous Time Preference, Inflation, and Capital Accumulation. Journal of Economics. 87, 241-255.

Factor Mobility and Dispersion in Marginal Products: A Case on China. Frontiers of Economics in China-Selected Publication from Chinese Universities

Laplace Transform for Solving Linearzing Multidimensional Systems. Economics Letters 90(2006):176-182.

Comments on “Dynamics of Income Distribution”. Canadian Journal of Economics 36(2003):1026-1033.

Military Spending and Stochastic Growth. Journal of Economic Dynamics and Control 28(1),153-170.

Effects of Growth and Volatility in Public Expenditures on Economic Growth: Theory and Evidence. Annals of Economics and Finance 3(2002)：379-406.

Optimal Taxation and Intergovernmental Transfer in a Dynamic Model with Multiple Levels of Government. Journal of Economic Dynamics and Control 26(2002):1975-2003.

Fiscal Federalism and Endogenous Growth. Annals of Economics and Finance 4(2003)：471-490.

Direct Preference for Wealth, the Risk Premium Puzzle, Growth, and Policy Effectiveness. Journal of Economic Dynamics and Control, 26(2):243-270.

Dynamic Analysis of Foreign Aid, Foreign Borrowing, and Capital Accumulation. Review of Development Economics, 5(1):105-118.

Money, Social Status, and Capital Accumulation in a Cash-in-Advance Model. Journal of Money, Credit, and Banking, 33(2):284-293.

Applications of Hamiltonian and Laplace Transform in an Economic Growth Model. ACTA Mathematica Scientia, 20B(2000):442-450.

Foreign Aid Reduces Domestic Capital Accumulation and Increases Foreign Borrowing: A Theoretical Analysis. Annals of Economics and Finance 1(2000):147-164.

Optimal Control System Governed by a Class of Nonsmooth Quasi-Linear Elliptic Equations. International Journal of Mathematics and Mathematical Sciences, 2(1997):339-346.

Journal Papers (Domestic)

Health Status and Household Asset Allocation: A Perspective Based on Asset Liquidity, Economic Research, 2020.

Capital Account Openness, Net Foreign Assets, and Welfare Changes, International Finance Research, 2019.

Promotion Incentives and Industrial Land Transfer Prices: A Study Based on Regression Discontinuity Method, Economic Research, 2019.

Progress Analysis of the "Provincial Directly Administered Counties" Reform: A Study Based on Political Cycle Theory, Chinese Public Administration, 2019.

Macroeconomic Policy Uncertainty and Corporate Cash Holdings, Quarterly Journal of Economics, 2019.

Monetary Policy, Inflation of Consumer Goods and Investment Goods: A Perspective from the Financial Accelerator, Financial Research, 2019.

Credit Constraints, Shadow Banking, and Monetary Policy Transmission, Economic Research, 2018.

Analysis of Tariff Cost Effects in the Global Value Chain: Discussing the Price and Welfare Effects of Sino-US Trade Friction, Quantitative Economics and Technical Economics Research, 2018.

Fiscal Multiplier in an Open Economy: An Analysis Based on the DSGE Model with Input-Output Structure, Management World, 2018.

How Fiscal Pressure Affects Public Service Supply by County Governments, Financial Research, 2018.

Land-Finance and Economic Fluctuations in China, Economic Research, 2017.

Land-Finance, Real Estate Demand Shocks, and Economic Volatility, Financial Research, 2017.

State-Owned and Private Mixed Shareholding and Corporate Performance Improvement, Economic Research, 2017.

Price and Income Distribution Effects of VAT Reform, China Industrial Economics, 2016.

Housing Price Fluctuations and Social Welfare: A Study Based on Endogenized Firm Entry, Financial Research.

Dual Structural Transformation and Unbalanced Growth in the Chinese Economy, Quarterly Journal of Economics.

Land-Finance, Real Estate Demand Shocks, and Economic Volatility, Financial Research.

State-Owned and Private Mixed Shareholding and Corporate Performance Improvement, Economic Research.

Optimal Tax Structure under Fiscal Decentralization Framework, Financial Research.

Population Transition, Entrepreneurship, and Economic Growth, Quarterly Journal of Economics.

The Evolution Path and Influencing Factors of Production Fragmentation, Management World.

Welfare Cost of China’s Tax Policy: A Quantitative Analysis Based on the Two-Sector Structural Transformation Framework, Economic Research.

Urban Scale and Labor Productivity: Are China’s Cities Too Small?—A Study Based on Chinese Urban Data, Quarterly Journal of Economics.

Government Debt and Economic Growth under Fiscal Decentralization, World Economy.

Economic Growth Effects and Transmission Channels of External Debt: A Comparison between Developed and Developing Countries, Quantitative Economics and Technical Economics Research.

Government Debt’s Impact on Economic Growth and its Transmission Channels, Quantitative Economics and Technical Economics Research.

Family Planning Policy, Urbanization, and Economic Growth, Financial Research.

Change of Mayor and Party Secretary: Fiscal Expenditure Fluctuations and Temporal Inconsistencies, Financial Research.

Political Cycles and Local Government Land Transfer Behavior, Economic Research.

Dual Interest Rate System, Financial Reform, and Optimal Monetary Policy, Economic Research.

Should Monetary Policy Respond to Housing Prices?, Financial Research.

Heterogeneity of Departmental Price Stickiness and Monetary Policy Transmission, World Economy.

Industrialization and Urbanization Based on Land Transfer, Management World.

The Impact of Urbanization on Household Consumption Rate: An Empirical Analysis Using Theoretical Models, Economic Research.

Financial Uncertainty, Bank Net Assets, and Transmission of the International Economic Crisis: An Analysis Using a Multi-Sector DSGE Model, Economic Research.

Financial Suppression, Financial Friction, and Business Debt Financing Cyclicality, Economic Research.

Government Productive Expenditure, SOE Reform, and Private Investment: Empirical Evidence from Provincial Panel Data, Financial Research.

Food Prices, Core Inflation, and Monetary Policy Targets, Economic Research.

Financial Friction, Bank Net Assets, and Inter-Sectoral Transmission of Economic Volatility, Financial Research.

Expectations and Economic Fluctuations: Are Expectation Shocks the Main Driver of China’s Economic Volatility?, Economic Research.

Capital Adequacy Ratio, Punitive Promises, and Panic-Induced Debt Escapes, Economic Research.

Inconsistent Preferences, Endogenous Preference Structures, and Economic Structural Change, Economic Research.

A Review of Core Inflation Theory, Quarterly Journal of Economics.

Welfare Loss of Current Account Adjustment, Management World.

Does Openness Really Lead to Larger Government Size?, Quarterly Journal of Economics.

Should Housing Prices Be Included in Inflation Statistics?, Statistical Research, 2012.

How Do Short-Term Economic Fluctuations Affect Long-Term Growth Trends?, Economic Research, January 2012.

Public Policy, Economic Growth, and Inequality Evolution, Economic Research, December 2011.

Expropriation Behavior by Controlling Shareholders and Corporate Ownership Structure and Value: An Analysis Based on the Double-Level Principal-Agent Model, China Accounting Review, September 2011.

Social Security, Family Pension, and Economic Growth, Financial Research.

Exchange Rate Stability and Optimal Monetary Policy, Financial Research, July 2011.

Exchange Rate System Choices for Emerging Market Economies, Economic Research.

Heritage Mechanisms, Lifecycle Savings, and Persistent Inequality, Financial Research.

Currency Mismatch, Exchange Rate Appreciation, and Economic Volatility, Quantitative Economics and Technical Economics Research.

Export Fixed Costs, Financing Constraints, and Firm Export Behavior, Economic Research.

Short-Term Analysis of Fiscal Policy in the Two-Sector Endogenous Growth Model, Systems Science and Mathematical Methods.

Core Inflation: Theoretical Models and Empirical Analysis, Economic Research.

The Impact of Population Structure on Social Security Systems and Economic Growth under Endogenous Retirement Choices, Journal of Economics.

Analysis of the Properties of China's Knowledge Production Function and Estimation of the Optimal R&D Investment Scale, Quarterly Journal of Economics, April 2010.

A Review of Optimal Capital Taxation Research, Economic Dynamics.

China's Fiscal Decentralization and Non-Tax Revenues: Based on Provincial Fiscal Data, World Economic Review.

Human Capital Distribution and Wage Inequality in the Economic Development Process, World Economy, August 2009.

Fiscal Expenditures, Taxes, and Long-Term Economic Growth: An Assessment of the Impact of Productive Public Expenditure on Economic Growth in China, Economic Research, June 2009.

Analysis of the Impact of Pension System Reform on Wage Growth in China, Research on Financial Issues, May 2009.

Schumpeterian Growth Theory: A Literature Review, Quarterly Journal of Economics, 2009.

Government Fiscal Policy and Economic Growth under the Interaction of Capital Accumulation and Innovation, World Economy, 2009.

Study on the National Social Security Fund’s Shareholding Ratio, Economic Research, June 2008.

Research on the Allocation Rate of State-Owned Capital Revenues to Pension Insurance, Financial Research, November 2008.

A Review of Pension System Studies under Different Frameworks, Economic Dynamics.

The Impact of Natural Resource Endowment Taxes on Regional Income Disparities, World Economic Review.

Durable Goods and Savings, Research on Financial Issues.

Dynamic Evolution of Income and Wealth Inequality in the Ramsey Model, Journal of Economics.

A Review of the Causes and Dynamic Evolution of Persistent Inequality, Quarterly Journal of Economics, January 2008.

Heritage Mechanisms, Lifecycle Savings, and Persistent Inequality, World Economic Review, October 2007.

Consumption and Savings in Growth Economies: A Discussion on the Causes of China’s High Savings Rate, Financial Research, December 2007.

Health Human Capital, Health Investment, and Economic Growth: Evidence from Provincial Data in China, Management World, 2008.

Debt Welfare Loss Analysis with Productive Government Public Expenditure, Management World, 2007.

Endogenous Retirement Choices, Years of Education, and Social Security, Quarterly Journal of Economics, 2007.

Economic Growth and Persistent Inequality: A Literature Review, New Political Economy Review.

A Review of Business Cycle Theory, Economic Dynamics.

Welfare Evaluation Method for Government Policy Changes, Journal of Economics.

Welfare Loss Analysis of China's Debt, Economic Research, January 2007.

The Impact of Educational and Health Investment on the Economy, Research on Financial Issues, January 2006.

Asset Pricing in Production Economies with Hyperbolic Discounting, Quarterly Journal of Financial Studies, January 2006.

Sticky Price Models and Numerical Simulation of the Chinese Economy: An Improvement to the Basic RBC Model, Quantitative Economics and Technical Economics Research, August 2006, 106-117.

Fiscal and Monetary Policies under the Monopoly Competition Framework, Journal of Economics, 2006, Issue 1.

The Industrial Revolution and the Spirit of Capitalism: A Two-Sector Economic Growth Model, World Economy, September 2006.

Asset Returns, Mortgage Loans, and Real Estate Equilibrium Prices, Financial Research, February 2006.

Research on State-Owned Equity-Based Social Security, Economic Research, March 2006.

Culture, Institutions, and Economic Growth, Peking University Journal, 2006, Issue 2.

Human Capital Formation and Its Impact on Economic Growth: An Endogenous Growth Model Including Education and Health and Its Test, Management World, June 2006.

Monetary Theory, Monetary Policy, and Banking, Management World, January 2006.

Regional Productivity Differences and Total Factor Productivity (TFP) Growth Rate Decomposition in China: 1978-2003, Chinese Social Sciences, 2006, Issue 2.

Capital Income Tax and Social Welfare, Economic Science, January 2006.

Imperfect Labor Market, Government Intervention, and Unemployment Rate, Research on Financial Issues, January 2006.

The Development Path of Infant Industries and the Analysis of Government Policies, Quantitative Economics and Technical Economics Research, March 2006.

Dynamic Evolution of Income and Wealth Distribution Inequality in the Neoclassical Model, Quarterly Journal of Economics, August 2006.

Multilevel Government Taxation, Economic Dynamics, November 2005.

The Change in Government Policy Evaluation: From Maximizing Growth to Maximizing Welfare, Economic Dynamics, October 2005.

Welfare Loss from Inflation, Research on Financial Issues, August 2005. Also reprinted in the Guangming Daily theoretical section.

Tax Sharing Reform, Fiscal Decentralization, and China’s Economic Growth, Quarterly Journal of Economics, October 2005.

Yin Heng, Income Distribution Inequality and Economic Growth: Returning to the Kuznets Hypothesis, Economic Research, Fourth Issue, 2005.

RBC Model with Financial Accelerator, Financial Research, April 2005.

Empirical Study on Diversification and Corporate Performance of Chinese Listed Companies, Financial Research, October 2005.

Discount Factors, Preferences, and Behavioral Economics, Research on Financial Issues, August 2004, pp. 3-10. Also included in Renmin University of China Journal.

Basic RBC Method for Numerical Simulation of the Chinese Economy, World Economic Review, February 2004.

Analysis of China's Economic Cycle Fluctuation Characteristics: Application of Filtering Methods, World Economy, October 2004, pp. 47-57.

Economic Structure and Economic Development, Quarterly Journal of Economics, April 2005.

Research on the Cycles and Fluctuations of China's Economic Growth: Introducing Human Capital into the RBC Model, Quarterly Journal of Economics, July 2004, pp. 803-818.

Regional Disparities, Factor Mobility, and Fiscal Decentralization, Economic Research, June 2004, pp. 59-69.

Analysis of Factor Mobility and Marginal Productivity Differences Between Provinces in China, Economic Research, January 2004, pp. 45-53.

What Causes Economic Growth Volatility, Supply or Demand? — RBC Analysis of China’s Economy, World Economy, 2004.

Risk Premium Dilemma and the Risk-Free Interest Rate Problem, Economic Dynamics, June 2004.

Optimal Growth Models and Their Development, Economic Dynamics, April 2004, pp. 89-94.

Fiscal Policy and Monetary Policy under Fiscal Decentralization, Economic Research, January 2003, pp. 45-53.

Taxation Theory under a Multilevel Government Framework, Chinese Science Fund, May 2002.

Economic and Financial Research Methods and Frontiers, Economic Research, August 2001, pp. 86-91.

The "Indeterminacy" of Economic Growth, Economic Dynamics, January 2002, pp. 73-79. Also included in Advances in Complexity Science, Science Press, 2004.

Fiscal Policy and Price Level Determination, Economic Research, February 2002, pp. 10-16.

Contemporary Theories of Income Distribution, Economic Research, August 2002, pp. 83-91.

General Equilibrium Theory with Money, Economic Dynamics, June 2002, pp. 68-73.

How Are World Economists Ranked?, Economic Dynamics, May 2001.

The Impact of Growth and Volatility of Government Public Spending on Economic Growth, Economic Dynamics, September 2001, pp. 58-64. Also included in Recent Advances in Management Science, Science Press, 2003.

Optimal Tax Rates, Government Transfers, and Economic Growth, Quantitative Economics and Technical Economics Research, January 2002, pp. 63-67.

Fiscal Policy, Monetary Policy, and Foreign Economic Aid, Economic Research, April 2001, pp. 29-40.

Government Spending, Taxes, Government Transfers, and Endogenous Economic Growth, Chinese Science Fund, January 2000, pp. 15-18.

The Long-Term and Short-Term Effects of Changes in Government Spending on the Economy, Tax Research, February 2000, pp. 12-16.

Theoretical Analysis of the Economic Impact of Changes in Government Spending, Economic Mathematics, January 2000, pp. 31-37.

Theoretical Analysis of Foreign Economic Aid, Quantitative Economics and Technical Economics Research, November 1999, pp. 40-47.

Parallel Implementation of the Augmented Lagrange Multiplier Algorithm for Partial Control Problems, Journal of Wuhan University (Natural Science Edition), May 1995, pp. 563-568.

Optimization Methods for Processing Scheduling Problems and Their Self-Organizing Parallel Implementation, Journal of Wuhan University (Natural Science Edition), March 1995, pp. 305-308.

Elastic Labor Supply in the Solow Model, Economic Mathematics, December 1995, pp. 40-45.

Augmented Lagrange Multiplier Algorithm for Partial Control Problems, Journal of Wuhan University (Natural Science Edition), January 1997, pp. 563-568.

Penalty Function Method for Parabolic Control Problems under State Constraints, Mathematical Physics Journal, February 1997, pp. 170-175.

Conference Papers (International)

Textbooks

Gong, Liutang, The Theory of Economic Growth, published by Wuhan University Press, 2000.

Gong, Liutang, Optimization Methods in Economics, published by Peking University Press, 2000.

Gong, Liutang, Advanced Macroeconomics, published by Wuhan University Press, 2001.

Gong, Liutang, Methods in Dynamic Economics, published by Peking University Press, 2001.

Gong, Liutang, The Theory of Public Finance, published by Peking University Press, 2009.

Monography

Gong, Liutang, Welfare Analysis Methods for Government Policy Changes, published by Peking University Press, 2011.

RESEARCH GRANTS

Government-funded grants

“Policy Research on Promoting Residents’ Income Growth and Optimizing Income Distribution Structure under the 'New Normal'”, 600,000 RMB, National Development and Reform Commission (NDRC) Research Project, 2016.

“Research on China’s Future Economic and Social Development”, 3.77 million RMB, NDRC Research Project, 2012-2014.

“Implementing the Rich People Strategy”, 200,000 RMB, China International Economic Research and Exchange Fund Project, 2011.

“Core Inflation” and “Government Policies for Expanding Domestic Demand”, 200,000 RMB, National Foreign Exchange Trading Center Project, 2010.

“Urbanization and Rural Consumption”, 200,000 RMB, China International Economic Research and Exchange Fund Project, 2010.

“China’s Monetary Policy and Financial Situation”, 2 million RMB, National Foreign Exchange Trading Center Project, 2009.

“Research on the Dynamics of China’s Financial Market Institutional Changes”, 300,000 RMB, China Development Bank, 2009.

“Research on Local Government Fiscal Disparities and Regional Education Investment Inequality”, 100,000 RMB, Ministry of Finance, 2009.

“Government Policies and Domestic Demand Expansion: An Analysis Based on Income Inequality”, 200,000 RMB, China International Economic Research and Exchange Fund Project, 2009.

“Fiscal Policy, Income Distribution, and Regional Economic Coordinated Development”, 80,000 RMB, NDRC Research Project, 2009.

National Natural Science Foundation of China (NSFC) Distinguished Young Scholars Fund (70725006), 1.4 million RMB, 2007.

National Social Science Fund Project (06BJL021), 80,000 RMB, 2006.

Hong Kong Government Research Fund ERG Grant, 370,000 RMB, 2005.

Ministry of Education “New Century Excellent Talents” Project (NECT-04-006), 200,000 RMB, 2005.

NSFC Key Project “Property Rights Protection-Oriented Accounting” Sub-project (70532002), 300,000 RMB, 2005.

Ministry of Science and Technology Soft Science Project: “Taxation and China’s Economy”, 200,000 RMB.

China Development Bank Project: “China’s Economic Coordination with East Asia and African Countries”, 400,000 RMB.

Beijing Haidian District 13th Five-Year Plan, 300,000 RMB.

Peking University Energy Economics and Sustainable Development Research Center Construction, 2 million RMB.

Peking University Key Laboratory for Quantitative Economics and Mathematical Finance Education Project, 1 million RMB per year.

General Office of the Publicity Department of the CPC Major Project: “Xi Jinping’s Economic Thoughts in the New Era” Sub-project: Research on Supply-Side Structural Reform under the 'New Normal', total funding 800,000 RMB, sub-project 200,000 RMB.

China Development Bank Project: “Implementation of the 165 Major Plans of the 13th Five-Year Plan”, 800,000 RMB.

National Social Science Fund Major Project: “Research on Substantial Tax Reductions and High-Quality Economic Development”, 600,000 RMB.

AWARDS AND HONORS

Ministry of Education’s First “New Century Excellent Talents” Award (2004).

First Prize, 9th Horace H. H. Young Teacher Award (Research Category), Horace H. H. Young Foundation.

“Zhengda Teaching Excellence Award,” “General Electric Teaching Excellence Award,” “Industrial and Commercial Bank of China Teaching Excellence Award”.

First Prize, Beijing Humanities and Social Sciences Excellent Achievement Award (8th and 12th Sessions).

Second Prize, Beijing Humanities and Social Sciences Excellent Achievement Award (7th and 11th Sessions).

First Prize, 9th Horace H. H. Young Teacher Award (Research Category), Horace H. H. Young Foundation (repeated).

4th China Humanities and Social Sciences Excellent Achievement Award (2006).

Research Achievement “Welfare Analysis Methods and Applications of Government Policy Changes” Selected for the 2010 National Philosophy and Social Sciences Outstanding Achievements Collection.

Li Yining Research Award (2010).

EDITORIAL BOARDS

Editorial Board Member of Economic Research, Annals of Economics and Finance, Systems Engineering, China Rural Finance Research, and Economic Mathematics.