
| NIE Jun |
Professor |
Department of Mathematical Economics & Mathematical Finance |
Email: niejun@whu.edu.cn |
PhD, Economics, New York University |
M.A, Economics, New York University |
B.A, Economics, Wuhan University |
B.A, Mathematics, Wuhan University |
Jun Nie, Professor at the Economic and Management School of Wuhan University. He received bachelor degrees in both economics and mathematics from Wuhan University. He also holds a master degree and a doctor degree in economics from New York University. Broadly speaking, his research expertise is macroeconomics. Specifically, he conducts research in three areas. In the first area, he studies the effects of uncertainty on macroeconomics, including both model uncertainty and state uncertainty. In the second area, he quantitatively evaluates the effects of labor-market policies using structural models and micro data. In the third area, he works on GDP forecasting and the Chinese economy.
He has published papers on a wide range of top economic journals including The Economic Journal, Journal of Economic Theory, Journal of International Economics,Journal of Monetary Economics, Journal of European Economic Association, European Economic Review, Review of Economic Dynamics, and Journal of Economic Dynamics and Control. His research has been reported by main stream media including Wall Street Journal, Reuters, Bloomberg, Business Insider, Brookings, CNN, CBSNEWS, Market Morning Report, China Daily, Yahoo Finance. He is also a co-editor of Annals of Economics and Finance.
TEACHING AND RESEARCH AREAS
Teaching courses: Macroeconomics; Intermediate macroeconomics; Advanced Macroeconomic Topics
Research Areas : Macroeconomics; Monetary Policy; International Economics; Chinese Economy
SELECTED PUBLICATIONS
Academic Papers
1. Production and inventory dynamics under ambiguity aversion, with Yulei Luo, Xiaowen Wang, Eric R.Young, Journal of Monetary Economics,Volume 152, 103767, 2025
2. Money, Growth, and Welfare in a Schumpeterian Model with the Spirit of Capitalism, with Qichun He, Yulei Luo, and Heng-fu Zou, Review of Economic Dynamics, 47, 346-372, 2023
3. Ignorance, Uncertainty, and Strategic Asset Allocation, with Yulei Luo and Haijun Wang, Journal of Economic Theory ,199:105204, 2022
4. Forecasting US Economic Growth in Downturns Using Cross-Country Data, with Yifei Lyu and Shu-Kuei X. Yang, Economics Letters, 198, January 2021
5. Ambiguity, Low Risk-Free Rates, and Consumption Inequality, with Yulei Luo and Eric R.Young, Economic Journal, 130 (632), 2649-2679, 2020
6. Rational Inattention and the Dynamics of Consumption and Wealth in General Equilibrium, with Yulei Luo, Gaowang Wang, Eric R.Young, Journal of Economic Theory, 172, 55-87, 2017
7. Elastic Attention, Risk Sharing, and International Comovements, with Wei Li and Yulei Luo Journal of Economic Dynamics and Control, 79, 1-20 (Lead Article), 2017
8. Slow Information Diffusion and the Inertial Behavior of Durable Consumption, with Yulei Luo and Eric R. Young, Journal of European Economic Association, 13(5), 805-840, 2015
9. Model Uncertainty and Intertemporal Tax Smoothing, with Yulei Luo and Eric R. Young Journal of Economic Dynamics and Control, 45, 289-314, 2014
10. Robust Control, Informational Frictions, and International Consumption Correlations, with Yulei Luo and Eric R. Young, European Economic Review, 67, 1-27 (Lead Article), 2014
11. Model Uncertainty, State Uncertainty, and State-space Models, with Yulei Luo and Eric R. Young, State-Space Models: Applications in Finance and Economics, Wu, Shu and Yong Zeng (eds.), 2013, Springer Press
12. Robustness, Information-Processing Constraints, and the Current Account in Small Open Economies, with Yulei Luo and Eric R. Young, Journal of International Economics, 2012, 88(1), 104-120
Academic Papers in Chinese
1."The Economic Recovery of the United States and Trump’s New Policy," Tsinghua Financial Review, June 2017.
2."Has China’s Economic Growth Reached a Turning Point?" China Economic Report, Issue 1, 2018.
3."How to Assess the Trends of the Macroeconomy," China Money Market, Issue 3, 2017.
RESEARCH GRANTS
“Short-Run and Long-Run Effect of Training in a Search Model with Human Capital” Institute for Employment Research (IAB), Federal Employment Agency (BA), Germany, June 2007 – May 2009, with Thomas J. Sargent
"Machine Learning Solution Algorithms and Applications for Heterogeneous Dynamic Macroeconomic Models" 2025.1 – 2029.12, Key Project of the National Natural Science Foundation of China
EDITORIAL BOARDS
Co-Editor, Annals of Economics and Finance 2020-present
REFEREEING
·Journal of Economic Theory
·Journal of International Economics
·Journal of Econometrics
·Journal of Monetary Economics
·Quantitative Economics
·Review of Economics and Statistics
·Journal of Economic Dynamics and Controls (Outstanding Contribution in Reviewing, awarded in March 2018)
·Journal of Banking and Finance
·Macroeconomic Dynamics
·Economic Letters
·China Economic Review
·BEJ Macro
·Journal of Statistical Software
·Annals of Economics and Finance