IEF Ningru Zhao
Shenghao Zhu, assistant professor from Singapore National University, gave a presentation to faculties and students of the Institute of Economics and Finance (IEF) from 9am to 11am on 19th September in Zhonghe Building. Zhu had already published several papers in top economics journals such as Econometrica and Journal of Economic Theory. In his presentation, Zhu proposes a new reason that is rational bubbles to explain the rising house price dispersion. After the presentation, faculties and students of IEF had animated discussion with Zhu about the house price and house loan policy in China.