High School Assistant

HAILONG JIN

**** ****** **, *** ***

Vernon, TX *6384

Iowa State University Mobile: 515-***-****

** ***** (office) Email: ****@*******.***

Ames, IA 50011 Web: www.public.iastate.edu/~hjin

EDUCATION

Ph.D. in Economics, Iowa State University, May 2013 (expected)

Major Professor: E. Kwan Choi

Dissertation: Essays on Gains and Losses from Currency Intervention

M.S. in Economics, Tsinghua University, China, 2007

Thesis: The Impacts of RMB Appreciation on China s Domestic Economy

B.S. in Economics, Jilin University, China, 2002

RESEARCH INTERESTS

Monetary/macro-economics, international economics, mathematical finance

JOB MARKET PAPER

Currency Intervention and Consumer Welfare in an Open Economy

This paper investigates whether a country can benefit from a trade surplus (deficit)

in one period and using the surplus (paying off the debt) in the next period by

manipulating the exchange rates. It is shown that if marginal utility of income is

nonincreasing in the exchange rate, then the optimal exchange rates are the equilibrium

rates that yields trade balance each period. Numerical examples using the Cobb-Douglas

and CES utility functions illustrate the main proposition.

PUBLICATIONS AND SUBMISSIONS

Jin, H., and E.K. Choi, Profits and Losses from Currency Intervention, International

Review of Economics and Finance (2012), http://dx.doi.org/10.1016/j.iref.2012.08.013

Pan, W., H. Jin, and X. Ma, 2005, Two New Proofs to the Non-Singularity of I-A, Fifth

China Institute of Input-Output Conference Papers, pp. 58-61.

Jin, H., and E.K. Choi, 2012, China s Profits and Losses from Currency Intervention,

1994-2011 . (Under 2nd review of Pacific Economic Review)

Jin, H., 2012, Income Distribution in Urban China: An Ignored Data Inconsistency

Issue . (Under review of Review of Income and Wealth)

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HAILONG JIN Mobile: 515-***-****

Web: www.public.iastate.edu/~hjin Email: ****@*******.***

WORKING PAPERS

Choi, E.K., and H. Jin, 2012, Currency Intervention and Consumer Welfare in an Open

Economy .

Jin, H., and T. Wang, 2012, Currency Intervention: Culprit to China s High Current

Account Surpluses?

PRESENTATIONS

China s Profits and Losses from Currency Intervention, 1994-2011

International Conference Intra-European Imbalances, Global Imbalances, International

Banking, and International Financial Stability . Berlin, Germany (Sept 2012); with E.

Kwan Choi.

Profits and Losses from Currency Intervention

International Trade and Finance Association 2012 Conference, Pisa, Italy, and

International Economics and Finance Society China 2012 Conference, Tianjin, China;

with E. Kwan Choi.

Currency Intervention: Culprit to China s High Current Account Surpluses?

SEA 2012 Conference, New Orleans, LA; with Tong Wang.

Why China s Current Account Surplus Increases After RMB s Appreciation? SEA

2011 Conference, Washington, DC; with Tong Wang.

Should US Amend Its Restrictions on Exporting High-Tech Products to China?

AAEA 2011 Conference poster presentation, Pittsburgh, PA; with Tong Wang.

MEETING DISCUSSANTS

SEA 2011 Conference, SEA 2012 Conference

TEACHING ASSISTANT

Econ355 International Trade and Finance (Fall 2010, Fall 2011, Spring 2012)

Econ455 International Trade (Spring 2011)

Econ502 Macroeconomic Theory (Fall 2010)

COMPUTER SKILLS

SAS, R, EViews, Matlab, Stata

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HAILONG JIN Mobile: 515-***-****

Web: www.public.iastate.edu/~hjin Email: ****@*******.***

AWARDS

Graduate Fellowship, Tsinghua University, 2003-2006

Second Prize, China National High School Math Contest, 1997

LANGUAGES

Chinese (native); English (fluent)

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