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CHEN Ping

Professor of Economics, Doctoral Supervisor 
National School of Development, Peking University

Senior Research Fellow and Chair of Academic Committee

Center for New Political Economy, Fudan University

Part-time Professor, Part-time Doctoral Supervisor

Economic School, Fudan University

Foreign Research Fellow, The Center of Capitalism and Society

Columbia University

 

Research Areas
 

Macroeconomics, Financial Economics, Microeconomics, Econometrics,

Institutional Economics, Complexity Science, Political Economics,

Transition and Development Economics, Evolutionary Economics,

Cultural Anthropology, Economic History, History of Science, etc.

 

Education Background
 

Ph.D. in Physics , 1987, University of Texas at Austin. GPA : 4.0 (straight A). 
Doctoral Dissertation : Nonlinear Dynamics and Business Cycles.
Dissertation Supervisor : Prof. Ilya Prigogine who received the Nobel Prize in Chemistry in 1977.

B.S. in Physics, 1968. University of Science & Technology of China, Chinese Academy of Sciences, Beijing, China

 

Experiences

2008 - present

Professor of Economics, National School of Development, Peking University

 

2003 - present
Senior Research Fellow and Chair of Academic Committee, Center for New Political Economy, Fudan University 

 

2002 - present

Visiting Scholar, Center for Complex Quantum Mechanics, University of Texas at Austin.

 

1999 - present
Co-Director, Virtual Center for Complexity Science at Peking University. 2001 - present

Professor of Economics, China Center for Economic Research, Peking University

 

 

1999-2003

Deputy Director (in charge of research), China Center for Economic Research, Peking University  

 

1994-2002

Research Scientist, Prigogine Center for Studies in Statistical Mechanics and Complex Systems, University of Texas at Austin

 

1989-1994

Research Associate, Prigogine Center for Studies in Statistical Mechanics and Complex Systems, University of Texas at Austin

 

1987-1989

Postdoctoral Fellow, Ilya Prigogine Center for Studies in Thermodynamics and Statistical Mechanics, University of Texas at Austin

 

1983-1987

Research Assistant, Ilya Prigogine Center for Studies in Thermodynamics and Statistical Mechanics, University of Texas at Austin

 

1974-1980

Research Assistant, Institute of Plasma Physics, Chinese Academy of Science

 

Books Published
 

Chen, Ping. Economic Complexity and Equilibrium Illusion: Essays on Market Instability and Macro Vitality, London: Routledge (2010).

 Richard Day and Ping Chen,Nonlinear Dynamics and Evolutionary Economics, Oxford University Press, Oxford (1993).

 

Recent Research Papers
 

1. Chen, Ping. “From an Efficient to a Viable International Financial Market,” in R. Garnaut, L. Song and W.T.Woo eds. China’s New Place in a World in Crisis: Economic, Geopolitical and the Environmental Dimensions, Chapter 3, pp.33-57, Australian National University E-Press and The Brookings Institution Press, Canberra (2009).

 

2. Chen, Ping. “Three Dimensions of Current Economic Crisis,” in Looking for Solutions to the Crisis: The United States and the New International Financial System, Conference Proceedings, New York, Nov. 14, 2008, EPS (Economists for Peace and Security) and IRE(International Initiative for Rethinking the Economy), Published in Clamecy, France (2009)

 

3. Chen, Ping. “Equilibrium Illusion, Economic Complexity, and Evolutionary Foundation of Economic Analysis,” Evolutionary and Institutional Economics Review, 5(1), 81-127 (2008).

 

4. Chen, Ping. “Complexity of Transaction Costs and Evolution of Corporate Governance,” Kyoto Economic Review, 76(2), 139-153 (2008).

 

5. Chen, Ping. “Market Instability and Economic Complexity: Theoretical Lessons from Transition Experiments,” in Yang Yao and Linda Yueh eds., Globalisation and Economic Growth in China, Chapter 3, pp.35-58, World Scientific, Singapore (2006).

 

6. Chen, Ping. “Evolutionary Economic Dynamics: Persistent Business Cycles, Disruptive Technology, and the Trade-Off between Stability and Complexity,” in Kurt Dopfer ed., The Evolutionary Foundations of Economics, Chapter 15, pp.472-505, Cambridge University Press, Cambridge (2005).

 

7. Chen, Ping. “Microfoundations of Macroeconomic Fluctuations and the Laws of Probability Theory: the Principle of Large Numbers vs. Rational Expectations Arbitrage,” Journal of Economic Behavior & Organization, 49, 327-344 (2002).

 

8. Chen, Ping. “A Random Walk or Color Chaos on the Stock Market? - Time-Frequency Analysis of S&P Indexes,” Studies in Nonlinear Dynamics & Econometrics , 1(2), 87-103 (1996).

 

9. Chen, Ping. “Trends, Shocks, Persistent Cycles in Evolving Economy:  Business Cycle Measurement  in Time-Frequency Representation,” in W. A. Barnett, A. P. Kirman, and M. Salmon eds., Nonlinear Dynamics and Economics,  Chapter 13, pp. 307-331, Cambridge University Press (1996).

 

10. Chen, Ping. “China's Challenge to Economic Orthodoxy: Asian Reform as an Evolutionary, Self-Organizing Process,” China Economic Review, 4, 137-142 (1993).

 

11. Chen, Ping. “Imitation, Learning, and Communication: Central or Polarized Patterns in Collective Actions,” in A. Babloyantz ed., Self-Organization, Emerging Properties and Learning,  pp. 279-286, Plenum, New York (1991).

 

12. Chen, Ping. “Needham's Question and China's Evolution - Cases of Nonequilibrium Social Transition,”  George Scott ed., Time Rhythms and Chaos in the New Dialogue with Nature, Chapter 11, pp.177-198, University of South Dakota at Vermillion, Iowa State University Press (1990).

 

13. Chen, Ping. “The Aggregation-Theoretic Monetary Aggregates are Chaotic and Have Strange Attractors: An Econometric Application of Mathematical Chaos” (co-authored with William A. Barnett), in Dynamic Economic Modeling, W. A. Barnett, E. Berndt, and H. White eds., Chapter 11, pp.199-245, Cambridge University Press, Cambridge (1988 ).

 

14. Chen, Ping. “Empirical and Theoretical Evidence of Economic Chaos,” System Dynamics Review,  Vol. 4, No. 1-2, 81-108 (1988)