Nash Equilibrium Macro

Da Li

Associate Professor · Kunming University of Science and Technology

Da Li

I am an Associate Professor at Kunming University of Science and Technology. I received my Ph.D. in Economics from the Guanghua School of Management at Peking University and was a postdoctoral fellow at the Institute of Quantitative and Technical Economics, Chinese Academy of Social Sciences.

My research is in macroeconomics, with work on trade and factor demand, housing and external balances, money and credit, exchange rates, and the macroeconomic risks of overseas projects.

About

After receiving my Ph.D., I served as a macro analyst at the research institute of a well-known securities firm, as partner and chief investment officer of a quantitative hedge fund, as chief executive officer of a fund, as general manager of the investor-relations department of a holding company, as head of investment and financing at an overseas second-tier subsidiary of a central state-owned enterprise, and as an investment manager in the investment center of an insurance company. I have been an Associate Professor in the School of Civil Engineering and Mechanics at Kunming University of Science and Technology since October 2024.

I am also a Senior Economist. My academic and applied work connects macroeconomic theory with policy and with the practice of finance and overseas contracting.

Education

Experience (Academic)

Research Interests

Papers (In Chinese)

Li, Huimin, Da Li (corresponding author), and Qun Li. “Exchange rates and house prices as two sides of the same coin: Evidence from a DSGE model and China–Japan data.”
China Economic Studies, 2021(4): 91–101.
Li, Da, and Qun Li. “The credit theory of money creation: Clarifications and implications.”
Journal of Xi’an University of Finance and Economics, 2020(4): 29–36.
Li, Da. “Host-country exchange-rate and inflation volatility and the profits of overseas projects.”
Engineering Economy, 2020(5): 74–80.
Li, Huimin, and Da Li. “Is local government debt risk high in Shandong?”
Economic Research Guide, 2019(17): 141–146.
Li, Da. “Overseas market expansion and strategic transformation of Chinese central SOE contractors.”
China Economic & Trade Herald, 2019(4): 4–6.
Li, Da, and Yong Liu. “Financial regulation: The British and American experience.”
The Chinese Banker, 2019(4): 103–104.
Li, Da, and Liutang Gong. “The housing market and high foreign-exchange reserves: Evidence from China, 1998–2011.”
Journal of International Trade, 2014(7): 166–176.
Li, Da, and Liutang Gong. “Import demand and elasticities among domestic factors: Bayesian estimation compared with empirical regression.”
Nankai Economic Studies, 2014(3): 53–66.

Commentary

Li, Da. “Give fiscal policy a role in safeguarding economic fundamentals.”
Economic Daily, 31 March 2020, p. 3. Link
Li, Da. “The limits of monetary policy, and why fiscal policy must do more to protect the baseline.”
China Economic Weekly, 31 March 2020. Link
Li, Da. “Does modern monetary theory support the monetization of fiscal deficits?”
China Economic Weekly, 1 June 2020. Link

Books and chapters (In Chinese)

Liu, Yong, and Da Li. Open Banking: Boundless Services and the Future Bank. Beijing: CITIC Press, 2019.
Li, Da, and Qun Li. “The supply of popular-science products and services in Beijing.” In Qun Li, Yong Sun, and Chang Gao, eds., Beijing Popular Science Development Report (2017–2018). Beijing: Social Sciences Academic Press, 2018.
Li, Da, and Yong Liu. “Developments and trends in blockchain.” In Yi Huang and Yiming Wang, eds., FinTech Research and Assessment 2018: A Global Systemically Important Bank FinTech Index. Beijing: China Development Press, 2018.
Li, Da, and Yong Liu. “Blockchain applications at HSBC.” In Yi Huang and Yiming Wang, eds., FinTech Research and Assessment 2018: A Global Systemically Important Bank FinTech Index. Beijing: China Development Press, 2018.

Curriculum Vitae

Download CV (PDF)

Contact

Da Li
Email: dali.econ@gmail.com