Associate Professor Qinglai Meng

Professor
Economics Program
School of Public Policy

325 Bexell Hall
Oregon State University
Corvallis, Oregon 97331
Phone: (541)737-8744

meng2008@oregonstate.edu

Teaching

Graduate Level:

  • Macroeconomic Theory,
  • Monetary Economics,
  • International Finance,
  • Mathematics for Economists, etc.

Undergraduate Level:

  • Mathematics for Economists,
  • Intermediate Macroeconomics,
  • Statistics,
  • Principles of Macroeconomics, etc

Research Interests

Qinglai Meng's research areas are in Macroeconomics in general and in Monetary Economics, Growth Theory and Open Economy Macroeconomics. In particular, his research has focused on dynamic macroeconomic models with indeterminacy and sunspots. Professor Meng has published in such journals as Journal of Economic Theory, Econometrica, Journal of Economic Dynamics and Control, and Journal of International Economics.

Curriculum Vitae

 


Brief Vita

Education

Ph.D., Economics, New York University, September 1999.

Positions Held

  • Professor, Department of Economics and School of Public Policy, Oregon State University, since 2017.
  • Professor, Department of Economics, Deakin University, Melbourne, Australia, 2015-2016.
  • Associate Professor, Department of Economics and School of Public Policy, Oregon State University, 2008-2017.
  • Associate Professor, Department of Economics, Chinese University of Hong Kong, Hong Kong, 2004-2008.
  • Assistant Professor, Department of Economics, Chinese University of Hong Kong, Hong Kong, 2000-2004.
  • Economist, New York State Assembly, 1999-2000.
  • Instructor, Department of Economic Information Management, Beijing College of Economics, China, 1988-1994.

Professional Service

  • Co-Editor, Economic Inquiry, since 2018.
  • Associate Editor, Macroeconomic Dynamics, since 2013.

Publications

  1. "Balanced-Budget Rules and Aggregate Instability: The Role of Endogenous Capital Utilization," (with Kevin X. D. Huang and Jianpo Xue), Journal of Money, Credit, and Banking, forthcoming.
  2. "Money growth targeting and indeterminacy in small open economies," (with Kevin X. D. Huang and Jianpo Xue), Economic Theory, forthcoming.
  3. "Balanced-budget income taxes and aggregate stability in a small open economy," (with Kevin X. D. Huang and Jianpo Xue), Journal of International Economics, Vol. 105, 90-101, 2017.
  4. "Balanced-budget consumption taxes and aggregate stability in a small open economy," (with Jianpo Xue), Economics Letters, Vol. 137, 214-217, 2015.
  5. "Returns to Scale, Market Power, and the Nature of Price Rigidity in New Keynesian Models with Self-fulfilling Expectations," (with Kevin X. D. Huang), Journal of Money, Credit, and Banking, Vol. 46, 293-320, 2014.
  6. "Expectional Stability of Sunspot Equilibria in Non-Convex Economies," (with Bruce McGough and Jianpo Xue), Journal of Economic Dynamics and Control, Vol. 37, 1126-1141, 2013.
  7. "Increasing Returns and Unsynchronized Wage Adjustment in Sunspot Models of the Business Cycle," (with Kevin X. D. Huang), Journal of Economic Theory, Vol. 147, 284-309, 2012.
  8. "On Interest Rate Policy and Equilibrium Stability under Increasing Returns," (with Kevin X. D. Huang), Macroeconomic Dynamics, Vol. 13, 535-552, 2009.
  9. "Is Forward-looking Inflation Targeting Destabilizing? The Role of Policy’s Response to Current Output under Endogenous Investment," (with Kevin X. D. Huang and Jianpo Xue), Journal of Economic Dynamics and Control, Vol. 33, 409-430, 2009.
  10. "On Indeterminacy in One-Sector Models of the Business Cycle with Factor-Generated Externalities," (with Chong K. Yip), Journal of Macroeconomics, Vol. 30, 97-110, 2008.
  11. "Capital and Macroeconomic Instability in a Discrete-Time Model with Forward-Looking Interest Rate Rules," (with Kevin X. D. Huang), Journal of Economic Dynamics and Control, Vol. 31, 2802-2826, 2007.
  12. "The Harberger-Laursen-Metzler Effect under Capital Market Imperfections," (with Kevin X. D. Huang), Journal of International Money and Finance, Vol. 26, 1001-1015, 2007.
  13. "Impatience and Equilibrium Indeterminacy," Journal of Economic Dynamics and Control, Vol. 30, 2671-2692, 2006.
  14. "Market Imperfections and the Instability of Open Economies," (with Andres Velasco), Journal of International Economics, Vol. 64, 503-519, 2004.
  15. "Preferences, Endogenous Discount Rate, and Indeterminacy in a Small Open Economy Model," (with Yong Bian), Economics Letters, Vol. 84, 315-322, 2004.
  16. "Investment, Interest Rate Rules, and Equilibrium Determinacy," (with Chong K. Yip), Economic Theory, Vol. 23, 863-878, 2004.
  17. "Indeterminacy in a Small Open Economy with Endogenous Labor Supply," (with Andres Velasco), Economic Theory, Vol. 22, 661-669, 2003.
  18. "Multiple Transitional Growth Paths in Endogenously Growing Open Economies,"Journal of Economic Theory, Vol. 108, 365-376, 2003.
  19. "Monetary Policy and Multiple Equilibria in a Cash-in-Advance Economy," Economics Letters, Vol. 74, 165-170, 2002.
  20. "Indeterminacy under Constant Returns to Scale in Multisector Economies," (with Jess Benhabib and Kazuo Nishimura),Econometrica, Vol. 68, 1541-1549, 2000.

Referee for:

Journal of Money, Credit, and Banking, Journal of International Economics, Journal of Economic Dynamics and Control, Journal of Population Economics, Macroeconomic Dynamics, Journal of Economics, Journal of Macroeconomics, Journal of Economic Theory, Economic Theory, International Economic Review, Review of Economic Dynamics, Japanese Economic Review, Journal of  Economic Behavior and Organization, Journal of Mathematical Economics, Econometrica, International Economic Journal, International Review of Economics and Finance, Economic Modeling, Review of Development Economics, B. E. Journal of Macroeconomics, Southern Economic Journal, European Economic Review, Review of Economic Studies, International Journal of Economic Theory, Journal of Public Economics, International Journal of Central Banking, Journal of Economic Integration, International Review of Economics and Finance, Australian Economic Papers, Information Economics and Policy, Economics Letters, International Review of Economics and Finance, Economic Inquiry, Pacific Economic Review.

Research Grants and Awards

  • Research Grant, School of Public Policy, Oregon State University, 2012-2013.
  • General Research Fund (Research Grant Council of Hong Kong), “Stability and Welfare Analysis in New Keynesian Models with Endogenous Investment under Inflation-Forecast Targeting Policy”, 2008-2011 (US$66,700), principal investigator.
  • Research Grant Council of Hong Kong Competitive Earmarked Research Grant, “A Calibration Analysis of Some Endogenous Business Cycle Models”, 2006-2008 (US$ 65,000), principal investigator.
  • Research Grant Council of Hong Kong Competitive Earmarked Research Grant, “Monetary Policy and Macroeconomic Dynamics in Sticky-Price Models”, 2004-2005 (US$ 25,000), principal investigator.   
  •  Research Grant Council of Hong Kong Competitive Earmarked Research Grant, “Indeterminacy of Equilibrium in Open Economies”, 2002-2004 (US$ 18,700), principal investigator.
  • The Young Researcher Award (US$ 12,800), one recipient each college of Chinese University of Hong Kong per year, 2004.
  • McCracken Fellowship (for PhD students), New York University, 1994-1999.