Investment Banking Analyst Cv

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Investment Banking Analyst Cv Powered By Docstoc
                                                                                  KEYU JIN (金 刻羽)

Office Contact Information
Department of Economics
London School of Economics
Houghton Street
London, WC2A 2AE UK

Gender: Female
Nationality: China

Academic Position:
September 2009: Lecturer (Assistant Professor) of Economics, London School of Economics

   Ph.D. in Economics, Harvard University, 2004 -2009
   B.A., Economics, Harvard College, magna cum laude, 2000-2004
   Thesis Title: “Essays on Global Asset Prices and Portfolio Views of External Adjustment ”

Teaching and Research Fields:
   Primary fields: International Finance, Macroeconomics
   Secondary fields: Finance, Chinese Economy

Research Experience and Other Employment:
    Summer 2008       Federal Reserve Bank of New York Dissertation Internship
    Summer 2005       Research assistant for Professor Kenneth Rogoff and Professor Carmen Reinhart
    Summer 2004       BNP Paribas, Paris, Fixed Income analyst
    Summer 2003       World Bank Group, Washington D.C., Research Department consultant
    Summer 2002       Goldman Sachs International, London, Investment Banking analyst
    Summer 2001       Morgan Stanley Dean Witter, Hong Kong, Equity Research /Macroeconomics
Professional Activities
Referee for Quarterly Journal of Economics, Journal of Economic Growth, Economics of Transition

Honors, Scholarships, and Fellowships:
   2008-2009        Chiles Fellowship
   2008-2009        NBER Aging and Health Fellowship
   2008-2009        Harvard GSAS Dissertation Fellowship
   2004-2006        Harvard University GSAS Scholarship
   2004             Allyn Young Thesis Prize in Economics

Seminar Presentations: International Monetary Fund, World Bank, London School of Economics.
London Business School, INSEAD, Brown University, National Bureau of Economic Research, Harvard
Published Papers:

“Composition and Growth Effects of the Current Account: A Synthesized Portfolio View,” (with Kai
Guo), Journal of International Economics, 2009
This paper analyzes a useful accounting framework that breaks down the current account to two
components: a composition effect and a growth effect. We show that past empirical evidence, which
strongly supports the growth-effect as the main driver of current account dynamics, is misconceived. The
remarkable empirical success of the growth effect is driven by the dominance of the cross-sectional
variation, which, under conditions met by the data, is generated by an accounting equation. In contrast to
previous findings that the portfolio share of net foreign assets to total assets is constant in a country, both
our theoretical and empirical results support a highly persistent process or a unit root process, with some
countries displaying a trend. Finally, we reestablish the composition effect as the quantitatively dominant
driving force of current account dynamics in the past data.

Working Papers:
“Industrial Structure and Financial Capital Flows”
Factor-proportions trade and asset trade are both integral parts of globalization, yet little has been studied
on their interplay. In a framework that integrates these two paradigms of trade, a new force driving
international capital flows emerges: financial capital tends to flow towards countries that become more
specialized in capital-intensive industries (the composition effect). This force competes with the
neoclassical force in response to shocks such as globalization, country-specific labor force or labor
productivity shocks. If the composition effect dominates, capital flows away from the country hit by the
positive shock (“a flow reversal''), and asset prices rise globally rather than locally. Two implications
arise: rich countries' rising current account deficit may be a consequence of their shifting towards capital-
intensive industries; young and fast growing developing countries may help sustain asset prices in an
aging industrialized world. Predictions of the current account and specialization patterns are shown to be
consistent with the data.

 “Factor-Proportions Trade and International Business Cycles”
Standard international business cycle models assume exogenously-determined structures of trade. The
main discrepancies that arise from these models with the data are cross-country correlations in
consumption being higher than output, and negative comovement in investment and employment. This
paper shows that all of these anomalies can be resolved in a standard two-country stochastic growth
model with endogenous trade dynamics. Multiple sectors featuring different factor intensities generate
intratemporal commodity trade, which creates an additional channel for the propagation of productivity
shocks across countries. Trade-induced macroeconomic dynamics compete with the standard ``resource
allocation effect'' in determining whether business cycles comove positively or negatively across
countries. These results suggest that the type of trade rather than overall trade between countries matters.
Countries trading goods that are similar in factor intensity (intraindustry trade) tend to exhibit negative
business cycle comovement while countries whose trade is characterized by more disparate factor content
tend to exhibit greater comovement. This prediction is broadly consistent with patterns in the OECD data.

“Welcome Chinese Money” (with Andy Xie)
“Modified Golden Rule of the Chinese Savings Rate”, Caijing Magazine
Chinese and English (bilingual), French (fluent) , Italian and Spanish (beginner)

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