Chinese Divisia M3, M4 monthly growth rate

March 22nd, 2019

As of this week the CFDS also hosts the data on Divisia monetary aggregates for China. More data will be added in the near future in our pursuit to become the primary datasource for monetary data in China.

Chinese Divisia Data



December 3rd, 2018

We are excited to announce that the CFDS jointly with the Beijing Normal University Business School (BNUBS), and the School of Economics at the University of Cape Town (UCT) are organizing an Open Access Special Issue on “Poverty and Inequality: Evidence from the BRICS and Beyond” to be published in the journal Economic Modelling as part of their cooperation under the umbrella of the BRICS Network University (BRICS NU).

Call for Papers

2018 Winners of the Nikkei Prize

November 5th, 2018

Prof. Kiyohiko G. Nishimura (CFDS Academic Board Member) was awarded the 2018 Nikkei price for his book "Economics of Pessimism and Optimism" from Springer. The Nikkei prize is considered the most prestigious award for books in economics by Japanese authors. ( available in Japanese only)

Prof. Nishimura is the first author that was awarded with this prize for books written in English twice, in 1993 he won the award for his book "Imperfect Competition, Differential Information and Microfoundations of Macroeconomics" from Oxford University Press.

The CFDS congratulates to this unprecetended achievement and wants to seize the opportunity to thank Prof. Nishimura once more for his continued support of our center.

Participants of the 1st Academic Board Meeting

November 2nd, 2018

This Friday, we had the opportunity to host 5 most distinguished colleagues for the inauguration meeting of the CFDS Academic Board - Prof. Gao Peiyong (Vice-President of the China Academy of Social Science), Prof. Hu Haifeng (Head of the Department of Finance at Beijing Normal University), Prof. Kiyohiko Nishimura (Professor of Economics at the National Graduate Institute for Policy Studies in Japan), Prof. Young Sik Kim (Director of the Seoul National University Institute for Research in Finance and Economics) and Prof. Paul McNelis (Robert Bendheim Professor of Economic & Financial Policy at Fordham University). The Academic Board meets annually and provides advice to the executive board members on future research focuses and possibilities to further improve the policy impact of the CFDS.


September 30th, 2018


International relations are at a crossroad. A single misstep could yield desaster and shape the future of global cooperation for decades to come. Maybe, the world is in dire need of a superhero. But then, maybe this wish for a hero was at the core of our problems all along. Read our op-ed on superheroes and the global trade conflict to learn more.


Policy Forum 4 (September 2018)

Picture from the 4th HenU/INFER Workshop on Applied Macroeconomics

September 27th 2018

Our 5th HenU/INFER Workshop will be held on March 29th and 30th, 2019 (post-conference trip on March 31st). We are excited to announce our keynote speakers for the 2019 workshop - Prof. Lawrence Christiano from Northwestern University, Prof. Randall Wright from the University of Wisconsin Madison and Prof. Joshua Aizenman from the University of Southern California. Selected, excellent papers will be considered for a special issue in Journal of International Money and Finance on "Monetary and Fiscal Fragility in the 2020s". Visit our Conference Website for more information or directly submit your paper now via conferencemaker.

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