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Ching-Chong Lai

Professor

Ching-Chong Lai
Position
Distinguished Research Fellow, Institute of Economics, Academia Sinica. ( June 2006 - Present )
Joint-Appointment Distinguished Professor, Institute of Economics, National Sun Yat-Sen University. ( August 2009 - Present )
Fields
Finance, Money, and Economic Growth
Professional Experience
Director, Social Science Research Center, National Science Council (2001-2011)
Research Fellow, Institute of Economics, Academia Sinica (2003-2006)
Associate Research Fellow (1984-1988), Research Fellow (1988-2003), Sun Yat-Sen Institute for Social Sciences and Philosophy, Academia Sinica
Adjunct Professor, Department of Economics, National Taiwan University (1989-2001)
Dean, College of Business, Feng-Chia University (1997-2000)
Joint-appointment Research Fellow, Institute of Economics, Academia Sinica (2001-2003)
Joint-appointment Professor, Department of Economics, National Taiwan University (2001-2016)
Education
Ph.D. in Economics, National Taiwan University, Taiwan
Emailcclai@econ.sinica.edu.tw
Phone
(O)02-27822791 轉624
Websitehttps://www.econ.sinica.edu.tw/Laicc/

Expertise

International Finance、Macroeconomics、Economic Development

Journal Articles

2023

  1. Chen, Ping-ho, Angus C. Chu, Hsun Chu and Ching-chong Lai, 2022, “Optimal Capital Taxation in an Economy with Innovation-Driven Growth,” Macroeconomic Dynamics, forthcoming. (SSCI, EconLit)
  2. Hu, Mei-ying, Ping-ho Chen, Hsun Chu, and Ching-chong Lai, 2023, “Growth and Optimal Policies in an R&D-growth Model with Imperfect International Capital Mobility,” Journal of Public Economic Theory, forthcoming. (SSCI, EconLit)

2022

  1. Liu, Shih-fu, Wei-chi Huang and Ching-chong Lai, 2022. 9, “The Paradox of Toil at the Zero Lower Bound in a TANK Model,” European Economic Review, Vol. 148, Article 104230. (SSCI, EconLit) Online Appendix
  2. Lu, You-xun, Che-chun Hsu and Ching-chong Lai, 2022. 4, “Monetary Policy and Income Inequality in a Schumpeterian Economy with Endogenous Step Size,” Economics Letters, Vol. 213, Article 110373. (SSCI, EconLit)
  3. Beladi, Hamid, Ping-ho Chen, Hsun Chu, Ching-chong Lai and Ting-wei Lai, 2022, “Optimal Tariffs in a Two-country R&D-based Growth Model,” Macroeconomic Dynamics, Vol. 26, No. 8, pp. 2216-2246. (SSCI, EconLit)

2021

    1. Chang, Cheng-wei and Ching-chong Lai, 2021. 12, “Optimal Fiscal Policies and Market Structures with Monopolistic Competition,” International Tax and Public Finance, Vol. 28, No. 6, pp. 1385-1411.(SSCI, EconLit)
    2. Beladi, Hamid, Ping-ho Chen, Hsun Chu, Mei-ying Hu and Ching-chong Lai, 2021. 6, “Environmental Taxes and Economic Growth with Multiple Growth Engines,” B.E. Journal of Macroeconomics, Vol. 21, No. 2, pp. 629-658. (SSCI, EconLit)
    3. Chang, Juin-Jen, Ingo Fiedler, Ching-chong Lai and Ping Wang, 2021. 5, “Cross-Border Casino Competition, Externalities and Optimal Tax Policy: A Unified Theory with Quantitative Analysis,” Regional Science and Urban Economics, Vol. 88, Article 103653. (SSCI, EconLit)
    4. Chen, Kuan-Jen, Ching-Chong Lai and Ting-Wei Lai, 2021. 9, “Macroeconomic Instability and Targeting Rules for Monetary Policy in an Endogenously Growing Small Open Economy,” Review of International Economics, Vol. 29, No. 4, pp. 904-926. (SSCI, EconLit)

    2020

    1. Yu, Po-yang and Ching-chong Lai, 2020. 6, “Optimal Privatization and Economic Growth in a Schumpeterian Economy,” Journal of Macroeconomics, Vol. 64, Article 103205. (SSCI, EconLit)
    2. Chang, Cheng-wei, Ching-chong Lai and Ting-Wei Lai, 2020. 7, “Fiscal Stimulus in a Simple Macroeconomic Model of Monopolistic Competition with Firm Heterogeneity,” Japanese Economic Review, Vol. 71, No. 3, 447-477. (SSCI, EconLit)
    3. Chang, Cheng-wei and Ching-chong Lai, 2020. 4, “A Note on Optimal Capital Taxation with Preferences Externalities,” Macroeconomic Dynamics, Vol. 24, No. 3, pp. 729-746. (SSCI, EconLit)

    2019

    1. Chen, Kuan-Jen, Ching-Chong Lai, and Ting-Wei Lai, 2019. 10, “The Division of Temporary and Permanent Employment and Business Cycle Fluctuations," Economic Inquiry, Vol. 57, No. 4, pp. 2082-2109. (SSCI, EconLit)
    2. Chu, Angus C., Ching-chong Lai and Chih-hsing Liao, 2019. 10, “A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights,” Journal of Money, Credit and Banking, Vol. 51, No. 7, pp. 2029-2052. (SSCI, EconLit)

    2018

    1. Chen, Kuan-jen, Angus C. Chu and Ching-chong Lai, 2018. 10, “Home Production and Small Open Economy Business Cycles,” Journal of Economic Dynamics and Control, Vol. 95, pp. 110-135. (SSCI, EconLit)
    2. Chang, Cheng-wei, Ching-chong Lai and Juin-jen Chang, 2018. 6, “Fiscal Stimulus and Endogenous Firm Entry in a Monopolistic Competition Macroeconomic Model,” Japanese Economic Review, Vol. 69, No. 2, pp. 207-225. (SSCI, EconLit)
    3. Chu, Hsun,Chu-chuan Cheng and Ching-chong Lai, 2018. 5, “Growth, Intergenerational Welfare, and Environmental Policies in an OLG Economy,” Review of Development Economics, Vol. 22, No. 2, pp. 844-861. (SSCI, EconLit)

    2017

    1. Chen, Ping-ho, Angus C. Chu, Hsun Chu and Ching-chong Lai, 2017. “Short-run and Long-run Effects of Capital Taxation on Innovation and Economic Growth,” Journal of Macroeconomics, Vol. 53, pp. 207-221. (SSCI, EconLit)
    2. Huang, Wei-chi, Ching-chong Lai and Ping-ho Chen, 2017, “International R&D Funding and Patent Collateral in an R&D-Based Growth Model,” International Review of Economics and Finance, Vol. 51, pp. 545-561. (SSCI, EconLit)
    3. Lai, Ching-chong, Chi-ting Chin and Kuan-jen Chen, 2017. 6, “Oil Dependence, International Borrowings, and Economic Instability in a Small Open Economy,” Macroeconomic Dynamics, Vol. 21, No. 4, pp. 889-917. (SSCI, EconLit)
    4. Chang, Cheng-wei and Ching-chong Lai, 2017. 4, “Macroeconomic (In)Stability and Endogenous Market Structure with Productive Government Expenditure,” Studies in Nonlinear Dynamics & Econometrics, Vol. 21, No. 2, pp. 1-16. (SSCI, EconLit)

    2016

    1. Chu, Hsun, Ching-chong Lai and Chih-hsing Liao, 2016. 9, “A Note on Environment-Dependent Time Preferences,” Macroeconomic Dynamics, Vol. 20, No. 6, pp. 1652-1667. (SSCI, EconLit)
    2. Chang, Shu-hua and Ching-chong Lai, 2016. 7, “Vertical Separation versus Vertical Integration in an Endogenously Growing Economy,” International Review of Economics and Finance, Vol. 44, pp. 359-380. (SSCI, EconLit)
    3. Chen, Ping-ho, Ching-chong Lai and Hsun Chu, 2016. 7, “Welfare Effects of Tourism-driven Dutch Disease: The Roles of International Borrowings and Factor Intensity,” International Review of Economics and Finance, Vol. 44, pp. 381-394. (SSCI, EconLit)

    2015

    1. Chu, Hsun, Ching-chong Lai and Chu-chuan Cheng, 2015.12, “Tax Havens, Growth, and Welfare,” Journal of Public Economic Theory, Vol. 17, No. 6, pp. 802-823. (SSCI, EconLit)
    2. Hsieh, Hui-ting, Ching-chong Lai, and Kuan-jen Chen, 2015. 10, “A Macroeconomic Model of Imperfect Competition with Patent Licensing,” B.E. Journal of Economic Analysis & Policy, Advances, Vol. 15, No. 4, pp. 1579-1618. (SSCI, EconLit)
    3. Chu, Angus C., Guido Cozzi, Ching-chong Lai and Chih-hsing Liao, 2015. 7, “Inflation, R&D and Growth in an Open Economy,” Journal of International Economics, Vol. 96, No. 2, pp. 360-374. (SSCI, EconLit)
    4. Chen, Kuan-jen and Ching-chong Lai, 2015. 3-4, “On-the-Job Learning and News-Driven Business Cycles,” Journal of Money, Credit, and Banking, Vol. 47, No. 2-3, pp. 261-294. (SSCI, EconLit)

    2014

    1. Chu, C. Y. Cyrus, Ching-chong Lai and Chih-hsing Liao, 2014. 11, “How Could the Non-Sustainable Easter Island Have Been Sustained?” International Review of Economics and Finance, Vol. 34, pp. 161-174. (SSCI, EconLit)
    2. Chu, Hsun and Ching-chong Lai, 2014. 4, "Abatement R&D, Market Imperfections, and Environmental Policy in an Endogenous Growth Model," Journal of Economic Dynamics and Control, Vol. 41, No. 1, pp. 20-37. (SSCI, EconLit)
    3. Chu, Angus C., Kamhon Kan, Ching-chong Lai C C and Chih-hsing Liao, 2014. 4, “Money, Random Matching and Endogenous Growth: A Quantitative Analysis,” Journal of Economic Dynamics and Control, Vol. 41, No. 1, pp. 173-187. (SSCI, EconLit)

    2013

    1. Lai, Ching-chong and Chi-ting Chin, 2013. 3, “Monetary Rules and Endogenous Growth in an Open Economy,” Macroeconomic Dynamics, Vol. 17, No. 2, pp. 431-463. (SSCI, EconLit)
    2. Chu, Angus C. and Ching-chong Lai, 2013. 2, “Money and the Welfare Cost of Inflation in an R&D Growth Model,” Journal of Money, Credit, and Banking,Vol. 45, No. 1, pp. 233-249. (SSCI, EconLit)
    3. Chao, Chi-chur, Lee-jung Lu, Ching-chong Lai, Shih-wen Hu and Vey Wang, 2013. 1, “Devaluation, Pass-Through and Foreign Reserves Dynamics in a Tourism Economy,”Economic Modelling, Vol. 30, No. 1, pp. 456-461. (SSCI, EconLit)

    2012

    1. Chang, Cheng-wei and Ching-chong Lai, 2012. 9, “Markups and the Number of Firms in a Simple Model of Imperfect Competition,” Economics Letters, Vol. 116, No. 3, pp. 277-280. (SSCI, EconLit)
    2. Chin, Chi-ting, Jang-ting Guo and Ching-chong Lai, 2012. 11, “A Note on Indeterminacy and Investment Adjustment Costs in an Endogenously Growing Small Open Economy,” Macroeconomic Dynamics, Vol. 16, No. S3, pp. 438-450. (SSCI, EconLit)
    3. Chu, Angus C. and Ching-chong Lai, 2012. 6, “On the Growth and Welfare Effects of Defense R&D,” Journal of Public Economic Theory, Vol. 14, No. 3, pp.473-492. (SSCI, EconLit)
    4. Lai, Ching-chong and Chih-hsing Liao, 2012. 4, “Optimal Nonlinear Income Taxation with Productive Government Expenditure,” International Review of Economics and Finance, Vol. 22, No.1, pp.66-77. (SSCI, EconLit)
    5. Chao, Chi-chur, Shih-wen Hu, Ching-chong Lai and Meng-yi Tai, 2012.2, “Foreign Aid, Government Spending, and the Environment,” Review of Development Economics, Vol. 16, No. 1, pp. 62-71. (SSCI, EconLit)

    2010

    1. Chang, Juin-jen, Ching-chong Lai, and Ping Wang, 2010. 8, “Casino Regulations and Economic Welfare," Canadian Journal of Economics, Vol. 43, No. 3, pp. 1058-1085. (SSCI, EconLit)
    2. Lai, Ching-chong and Chi-ting Chin, 2010. 7, “(In)determinacy, Increasing Returns, and the Optimality of the Friedman Rule in an Endogenously Growing Open Economy,"Economic Theory, Vol. 44, No. 1, pp. 69-100. (SSCI, EconLit)
    3. Chen, Chih-huan and Ching-chong Lai, 2010.7, “An Interpretation of the Collapsing Process of the Bretton Woods System," Open Economies Review, Vol. 21 No. 3, pp. 449-463. (SSCI, EconLit)
    4. Lai, Ching-chong, Chi-ting Chin and Shu-hua Chang, 2010. 10, “Vertical Separation versus Vertical Integration in a Macroeconomic Model with Imperfect Competition"International Review of Economics and Finance, Vol. 19, No. 4, pp. 590-602. (SSCI, EconLit)

    2009

    1. Chang, Juin-jen, Jhy-hwa Chen, Jhy-yuan Shieh, and Ching-chong Lai, 2009. 8, “Optimal Tax Policy, Market Imperfections, and Environmental Externalities in a Dynamic Optimizing Macro Model," Journal of Public Economic Theory, Vol. 11, No. 4, pp. 623-651. (SSCI, EconLit)
    2. Chin, Chi-ting, Jang-ting Guo and Ching-chong Lai, 2009. 9, “Macroeconomic (In)stability under Real Interest Rate Targeting," Journal of Economic Dynamics and Control, Vol. 33, No. 9, pp. 1631-1638. (SSCI, EconLit)
    3. Chen, Jhy-hwa, Jhy-yuan Shieh, Juin-jen Chang and Ching-chong Lai, 2009. 9, “Welfare and Transitional Dynamics in an Endogenously Growing Economy with Abatement Labor," Journal of Macroeconomics, Vol. 31, No. 3, pp. 423-437. (SSCI, EconLit)
    4. Huang, Chun-chieh, Juin-jen Chang and Ching-chong Lai, 2009. 3, "Employment Effect of Dismissal Pay in the Presence of Judicial Mistakes," International Review of Law and Economics, Vol. 29, No. 1, pp.38-45. (SSCI, EconLit)
    5. Chin, Chi-ting and Ching-chong Lai, 2009.1, “Physical Capital Taxation and Labor Income Taxation in an Endogenous Growth Model with New Generations," Journal of Population Economics, Vol. 22, No. 1, pp.1-21. (SSCI, EconLit)

    2008

    1. Chen, Shu-hua, Ming-fu Shaw, Ching-chong Lai, and Juin-jen Chang, 2008. 2, “Interest Rate Rules and Transitional Dynamics in an Endogenously Growing Open Economy," Journal of International Money and Finance, Vol. 27, No. 1, pp. 54-75. (SSCI, EconLit)
    2. Tzeng, Shin-jen, Ching-chong Lai and Chun-chieh, Huang, 2008.12, “Does Military Expenditure Matter for Inflation and Economic Growth?" Defence and Peace Economics, Vol. 19, No. 6, pp.471-478. (SSCI, EconLit)
    3. Lai, Ching-chong, Chung-rou Fang, and Juin-jen Chang, 2008, “Volatility Trade-Offs in Exchange Rate Target Zones," International Review of Economics and Finance, Vol. 17, No. 3, pp. 366-379. (EconLit)

    2007

    1. Chang, Juin-jen, Wen-ya Chang, Ching-chong Lai, and Ping Wang, 2007. 10, “Equilibrium Dynamics in an Endogenous Growth Model of Money and Banking," Journal of Money, Credit, and Banking, Vol. 39, No. 7, pp. 1683-1710. (SSCI, EconLit)
    2. Shieh, Jhy-yuan, Wen-ya Chang and Ching-chong Lai, 2007.12, "An Endogenous Growth Model of Capital and Arms Accumulation," Defence and Peace Economics, Vol. 18, No. 6, pp. 557-575. (SSCI, EconLit)
    3. Chang, Juin-jen, Hsiao-wen Hung, Jhy-yuan Shieh, and Ching-chong Lai, 2007. 5, “Optimal Fiscal Policies, Congestion, and Entry," Scandinavian Journal of Economics, Vol. 109, No. 1, pp. 137-151. (SSCI, EconLit)
    4. Chang, Juin-jen, Chun-chieh Huang, and Ching-chong Lai, 2007. 3, “Working Hours Reduction and Wage Contracting Style in a Dynamic Model with Labor Adjustment Costs," Journal of Economic Dynamics and Control, Vol. 31, No. 3, pp. 971-993. (SSCI, EconLit)
    5. Chang, Juin-jen, Ming-fu, Shaw and Ching-chong Lai, 2007. 2, “A ‘Managerial’ Trade Union and Economic Growth," European Economic Review, Vol. 51, No. 2, pp. 365-384. (SSCI, EconLit)

    2006

    1. Chen, Jhy-hwa, Jhy-yuan Shieh, and Ching-chong Lai, 2006.12, “Government Spending, Capital Accumulation and Optimal Policy Rule: The Role of Public Service Capital," Economic Modelling, Vol. 23, No. 6, pp. 875-889. (SSCI, EconLit)
    2. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 2006.12, “Effects of an Anticipated Expansion in International Public Goods on Public Capital Accumulation,"Journal of Economic Dynamics and Control, Vol. 30, No. 12, pp. 2859-2874. (SSCI, EconLit)
    3. Shaw, Ming-fu, Juin-jen Chang and Ching-chong Lai, 2006. 3, “(Non)Optimality of the Friedman Rule and Optimal Taxation in a Growing Economy with Imperfect Competition," Economics Letters, Vol. 90, No. 3, pp. 412-420. (SSCI, EconLit)

    2005

    1. Shaw, Ming-fu, Ching-chong Lai and Wen-ya Chang, 2005. 9, "Anticipated Policy and Endogenous Growth in a Small Open Monetary Economy," Journal of International Money and Finance, Vol. 24, No. 5, pp. 719-743. (SSCI, EconLit)
    2. Chen, Jhy-hwa, Jhy-yuan Shieh, Ching-chong Lai and Juin-jen Chang, 2005. 7, " Productive Public Expenditure and Imperfect Competition with Endogenous Price Markup," Oxford Economic Papers, Vol. 57, No. 3, pp. 522-544. (SSCI, EconLit)
    3. Chen, Jhy-hwa, Jhy-yuan Shieh, Juin-jen Chang and Ching-chong Lai, 2005. 12, "Terrorist Threats and Transitional Dynamics in an Overlapping Generations Model,"Defence and Peace Economics, Vol. 16, No. 6, pp. 415-425. (SSCI, EconLit)
    4. Lai, Ching-chong, Shu-hua Chen and Ming-fu Shaw, 2005, “Nominal Income Targeting Versus Money Growth Targeting in an Endogenously Growing Economy,"Economics Letters, Vol. 86, No. 3, pp. 359-366. (SSCI, EconLit)
    5. Lai, Ching-chong, Shih-wen Hu and Chih-ping Fan, 2005. 4, "The Overshooting Hypothesis of Agricultural Prices: The Role of Asset Substitutability," Journal of Agricultural and Resource Economics, Vol. 30, No. 1, pp. 128-150. (SSCI, EconLit)

    2004

    1. Chang, Juin-jen and Ching-chong Lai, 2004, 4, "Collaborative Tax Evasion and Social Norm: Why Deterrence Does Not Work," Oxford Economic Papers, Vol. 56, No. 2, pp. 344-368. (SSCI, EconLit)
    2. Lai, Ching-chong, Juin-jen Chang and Ming-ruey Kao, 2004, Winter, "The Money-Creation Model: Graphical Illustration," Journal of Economic Education, Vol. 35, No. 1, pp. 79-88. (SSCI, EconLit)
    3. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 2004. 12, "Taxation, Growth, and the Sprit of Capitalism," European Journal of Political Economy, Vol. 20, No. 4, pp. 1011-1025. (EconLit)
    4. Lin, Chung-cheng, Chao-cheng Mai and Ching-chong Lai, 2004. 3, “Exclusion Theorem in an Efficiency Wage Model," Annals of Regional Science, Vol. 38, No. 1, 13-24. (SSCI, EconLit)

    2003

    1. Chang, Juin-jen, Ching-chong Lai and Chung-cheng Lin, 2003. 3, "Profit Sharing, Worker Effort, and Double-Sided Moral Hazard in an Efficiency Wage Model," Journal of Comparative Economics, Vol. 31, No. 1, pp. 75-93. (SSCI, EconLit)
    2. Lin, Chung-cheng, Tze-wei Chen and Ching-chong Lai, 2003. 9, "The Economics of Honeybee Swarming," Regional Science and Urban Economics, Vol. 33, No. 5, pp. 581-594. (SSCI, EconLit)
    3. Chen, Jhy-hwa, Ching-chong Lai and Jhy-yuan Shieh, 2003. 6, "Anticipated Environmental Policy and Transitional Dynamics in an Endogenous Growth Model,"Environmental and Resource Economics, Vol. 25, No. 2, pp. 233-254. (SSCI, EconLit)
    4. Lai, Ching-chong, Chih-yu Yang and Juin-jen Chang, 2003. 1, "Environmental Regulations and Social Norms," International Tax and Public Finance, Vol. 10, No. 1, pp. 64-75. (SSCI, EconLit)

    2002

    1. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 2002. 12, "Anticipated Foreign Military Threat, Arms Accumulation, and the Current Account in a Small Open Economy," Journal of International Money and Finance, Vol. 21, No. 7, pp. 1035-1052. (SSCI, EconLit)
    2. Shieh, Jhy-yuan, Ching-chong Lai and Wen-ya Chang, 2002. 8, "The Impact of Military Burden on Long-Run Growth and Welfare," Journal of Development Economics, Vol. 68, No. 2, pp. 443-454. (SSCI, EconLit)
    3. Huang, Chun-chieh, Juin-jen Chang, Ching-chong Lai and Chung-cheng Lin, 2002. 9, "Worker Productivity, Working Time Reduction, and the Short-run and Long-run Employment Effects," Scottish Journal of Political Economy, Vol. 49, No. 4, pp. 357-368. (SSCI, EconLit)
    4. Lin, Chung-cheng, Juin-jen Chang and Ching-chong Lai, 2002. 11, "Profit Sharing as a Worker Discipline Device" Economic Modeling, Vol. 19, No. 5, pp. 815-828. (SSCI, EconLit)
    5. Chang, Juin-jen, Chun-chieh, Huang and Ching-chong LaiI, 2002, "Is the Efficiency Wage Efficient? When Workers Decide Over the Working Time," Journal of Economics, Vol. 77, No. 3, pp. 267-281. (SSCI, EconLit)
    6. Fang, Chung-rou and Ching-chong Lai, 2002, "Targeting Nominal Income versus Targeting Price Level: A Target Zone Perspective," International Review of Economics and Finance, Vol.11, No.3, pp. 229-249. (EconLit)
    7. Shieh, Jhy-yuan, Ching-chong Lai and Wen-ya Chang, 2002. 6, "Endogenous Growth and Defense Expenditures: A New Explanation of the Benoit Hypothesis," Defence and Peace Economics, Vol. 13, No. 3, pp. 179-186. (SSCI, EconLit)
    8. Chang, Juin-jen and Ching-chong Lai, 2002. 3, "Is the Efficiency Wage Efficient? The Social Norm and Organization Corruption," Scandinavian Journal of Economics, Vol. 104, No. 1, pp. 27-47. (SSCI, EconLit)

    2001

    1. Shieh, Jhy-yuan, Ching-chong Lai and Jhy-hwa Chen, 2001.10, "A Comment on Huang and Cai's Constant-Returns Endogenous Growth with Pollution Control,"Environmental and Resource Economics, Vol. 20, No. 2, pp. 165-172. (SSCI, EconLit)
    2. Lai, Ching-chong and Juin-jen Chang, 2001. Fall, "A Note on Inflation Targeting," Journal of Economic Education, Vol. 32, No. 4, pp. 369-380. (SSCI, EconLit)
    3. Chang, Juin-jen, Ching-chong Lai, Chia-lih Liao and Wen-ya Chang, 2001. Winter, "Employment Policy, Crowding-out Effect, and Imperfect Competition," Labour──Review of Labour Economics and Industrial Relations, Vol. 15, No. 4, pp. 625-640. (EconLit)
    4. Chang, Juin-jen and Ching-chong Lai, 2001. 10, "Is It Worthwhile to Pay Referees," Southern Economic Journal, Vol. 68, No. 2, pp. 457-463. (SSCI, EconLit)
    5. Lai, Ching-chong, Juin-jen Chang and Wen-ya Chang, 2001. 3, "Currency Devaluation in an Open Shop Union," International Review of Economics and Finance, Vol. 10, No. 1, pp. 61-74. (SSCI, EconLit)

    2000

    1. Chang, Wen-ya and Ching-chong Lai, 2000. 8, "Anticipated Inflation in a Monetary Economy with Endogenous Growth," Economica, Vol. 67, No. 267, pp. 399-417. (SSCI, EconLit)
    2. Chang, Juin-jen, Ching-chong Lai and C. C. Yang, 2000. 3, "Casual Police Corruption and the Economics of Crime: Further Results," International Review of Law and Economics, Vol. 20, No.1, pp. 35-51. (SSCI, EconLit)
    3. Shieh, Jhy-yuan, Ching-chong Lai and Wen-ya Chang, 2000, "Addictive Behavior and Endogenous Growth," Journal of Economics, Vol. 72, No. 3, pp. 263-273. (SSCI, EconLit)
    4. Chang, Wen-ya, Yi-ni Hsieh, and Ching-chong Lai, 2000. 9, "Social Status, Inflation, and Endogenous Growth in a Cash-in-Advance Economy," European Journal of Political Economy, Vol. 16, No. 3, pp. 535-545. (EconLit)

    1984 ~ 1999

    1. Chang, Juin-jen, Ching-chong Lai and Wen-ya Chang, 1999. Winter, "The Mundell Proposition with Efficient Wage-Employment Bargaining," Journal of Macroeconomics, Vol. 21, No.4, pp. 765-784. (SSCI, EconLit)
    2. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 1999. 11, "The Steady-State Effects of Income Taxation with Endogenous Time Preference," Public Finance Review (Formerly Public Finance Quarterly), Vol. 27, No.6, pp. 648-664. (SSCI, EconLit)
    3. Chang, Wen-ya, Ching-chong Lai and Juin-jen Chang, 1999. 5, "Imperfect Competition and Tax Evasion," Public Finance Review (Formerly Public Finance Quarterly), Vol. 27, No. 3, pp. 371-381. (SSCI, EconLit)
    4. Chang, Wen-ya, Ching-chong Lai and Hsueh-Fang Tsai, 1999. 9, "Misadjustment to Anticipated Shocks: A Clarification," International Journal of Finance and Economics, Vol. 4, No. 3, pp. 335-351. (SSCI, EconLit)
    5. Chang, Juin-jen, Chung-cheng Lin and Ching-chong Lai, 1999. 6, "The Employment and Wage Effects of Shifting to Indirect Tax in an Efficiency Wage Model," Economic Record, Vol. 75, No. 229, pp. 156-166. (SSCI, EconLit)
    6. Chang, Juin-jen and Ching-chong Lai, 1999. 6, "Carrots or Sticks? A Social Custom Viewpoint," European Journal of Political Economy, Vol. 15, No. 2, pp. 297-310. (EconLit)
    7. Chang, Wen-ya and Ching-chong Lai, 1998, "The Non-Substitutability of Sterilization Operations and Neutral Intervention Operations under Dual Exchange Rates,"Journal of Economics, Vol. 68, No.3, pp. 235-253. (SSCI, EconLit)
    8. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 1998. 8, "Government Spending and Capital Accumulation with Endogenous Time Preference," Canadian Journal of Economics, Vol. 31, No. 3, pp. 624-645. (SSCI, EconLit)
    9. Lin, Chung-cheng and Ching-chong Lai, 1998.10, "Efficiency wages, Partial Wage Rigidity and Money Nonneutrality," Southern Economic Journal, Vol. 65, No. 2, pp. 331-340. (SSCI, EconLit)
    10. Hsieh,Yi-ni, Wen-ya Chang and Ching-chong Lai, 1998. 7, “Endogenizing Labor–Leisure Choice: Investment and the Relative Price of Non-Traded Goods," Economics Letters, Vol. 60, No. 1, pp. 105-111. (SSCI, EconLit)
    11. Chang, Juin-jen, Ching-chong Lai and Wen-ya Chang, 1998. 2, "A Dynamic Model of Union Membership and Employment: A Comment," Economica, Vol. 65, No.1, pp. 145-51. (SSCI, EconLit)
    12. Chang, Juin-jen and Ching-chong Lai, 1997. 11, "Union Membership and Employment Dynamics with Endogenous Union Density," Economics Letters, Vol. 57, No. 1, pp. 119-125. (SSCI, EconLit)
    13. Chang, Wen-ya and Ching-chong Lai, 1997. Winter, "The Specification of Money Demand, Fiscal Policy, and Exchange Rate Dynamics," Journal of Macroeconomics, Vol. 19, No. 1, pp. 79-102. (SSCI, EconLit)
    14. Lai, Ching-chong and Wen-ya Chang, 1997. 9, "Disinflation and Real Wages: An Alternative Approach," IMF Staff Papers, Vol. 44, No. 3, pp. 391-400. (SSCI, EconLit)
    15. Chang, Wen-ya and Ching-chong Lai, 1997. 2, "Election Outcomes and the Stockmarket: Further Results," European Journal of Political Economy, Vol.13, No.1, pp. 143-155. (EconLit)
    16. Lai, Ching-chong, Juin-jen Chang and Wen-ya Chang, 1996. 12, "Efficient Bargains and Currency Devaluation," Economic Record, Vol. 72, No. 219, pp. 313-318. (SSCI, EconLit)
    17. Lai, Ching-chong, Shih-wen Hu and Vey Wang, 1996. 11, "Commodity Price Dynamics and Anticipated Shocks," American Journal of Agricultural Economics, Vol. 78, No. 4, pp. 982-990. (SSCI, EconLit)
    18. Chang, Wen-ya, Hsueh-Fang Tsai and Ching-chong Lai, 1996. 10, "Effects of Anticipated Foreign Military Threat on Arm Accumulation," Southern Economic Journal, Vol. 63, No. 2, pp. 507-514. (SSCI, EconLit)
    19. Lin, Chung-cheng and Ching-chong Lai, 1996. 7, "Why Parents and Teachers Prefer Punishment to Encouragement for Children Education?" Southern Economic Journal, Vol. 63, No. 1, pp. 244-247. (SSCI, EconLit)
    20. Chang, Wen-ya and Ching-chong Lai, 1996. 4, "The Implication of Efficiency Wages on Tax Evasion and Tax Collections," Public Finance Quarterly, Vol. 24, No. 2, pp. 163-172. (SSCI, EconLit)
    21. Lai, Ching-chong and Wen-ya Chang, 1995, "Dynamic Inconsistency of Performance-Based Wages in Tax Collections: A Comment," Public Finance / Finances Publiques, Vol. 50, No. 3, pp. 478-485. (EconLit)
    22. Lai, Ching-chong, Juin-jen Chang and Wen-ya Chang, 1995, "Tax Evasion and Efficient Bargains," Public Finance / Finances Publiques, Vol. 50, No. 1, pp. 96-105. (EconLit)
    23. Chang, Wen-ya and Ching-chong Lai, 1994. 10, "Anticipated Shocks and the Acceleration Hypothesis: The Implication of Wage Indexation," Southern Economic Journal, Vol. 61, No. 2, pp. 453-464. (SSCI, EconLit)
    24. Lin, Chung-cheng and Ching-chong Lai, 1994. 8, "The Turnover Costs and the Solow Condition in an Efficiency Wage Model with Intertemporal Optimization,"Economics Letters, Vol. 45, No. 4, pp. 501-505. (SSCI, EconLit)
    25. Lai, Ching-chong and Wen-ya Chang, 1994. 3, "Unification of Foreign Exchange Markets: A Comment," IMF Staff Papers, Vol. 41, No. 4, pp. 163-170. (SSCI, EconLit)
    26. Chang, Wen-ya, Hsueh-fang Tsai, and Ching-chong Lai, 1993, "Imperfect Competition and Crowding Out: A Comparison Between Small Open and Closed Economy,"Economics Letters, Vol. 41, No. 1, pp. 73-79. (SSCI, EconLit)
    27. Lai, Ching-chong, 1993. 8, "The Mundell Proposition with Efficiency Wages," European Journal of Political Economy, Vol. 9, No. 3, pp. 321-331. (EconLit)
    28. Chang, Wen-ya and Ching-chong Lai, 1992, "The Role of Supply-Side Effect of Taxes on the Balanced Budget Multiplier," Public Finance / Finances Publiques, Vol. 47, No. 2, pp. 185-192. (SSCI, EconLit)
    29. Lai, Ching-chong and Wen-ya Chang, 1992. 12, "Does Self-Fulfilling Expectations of Currency Devaluation Improve the Balance of Payments?" Journal of Economic Studies, Vol. 19, No. 4, pp. 48-57. (EconLit)
    30. Lai, Ching-chong and Wen-ya Chang, 1990. 11, "The Relative Performance of Macroeconomic Policies under Alternative Exchange Rates with Wage Indexation and Rational Expectations: The Fleming Proposition Revisited," Scottish Journal of Political Economy, Vol. 37, No. 4, pp. 405-415. (SSCI, EconLit)
    31. Lai, Ching-chong, 1990. 8, "Efficiency Wages and Currency Devaluation," Economics Letters, Vol. 33, No. 4, pp. 353-357. (SSCI, EconLit)
    32. Chang, Wen-ya, Ching-chong Lai and Yun-peng Chu, 1990. Summer, "Interest Rates, Exchange Rates, and Aggregate Supply: A Comment," Journal of Macroeconomics, Vol. 12, No. 3, pp. 501-510. (SSCI, EconLit)
    33. Lai, Ching-chong and Wen-ya Chang, 1990. 2, "The Long-Run Effects of Alternative Monetary Policies under Two-Tier Exchange Rates," Economics Letters, Vol. 32, No. 2, pp. 163-167. (SSCI, EconLit)
    34. Lai, Ching-chong, Wen-ya Chang and Yun-peng Chu, 1990. 1, "The Compositions of Government Spending and the Assignment of Instruments to Targets in a Small Open Economy: A Comment," Southern Economic Journal, Vol. 57, No. 3, pp. 815-821. (SSCI, EconLit)
    35. Chen, Chau-nan and Ching-chong Lai, 1989. 11, "Money, Consumption, and Terms-of-Trade Dynamics: A Note on Dornbusch and Mussa," International Economic Review, Vol. 30, No. 4, pp. 1005-1009. (SSCI, EconLit)
    36. Lai, Ching-chong, Yun-peng Chu and Wen-ya Chang, 1989. 9, "Exchange Rate Dynamics under Dual Exchange Rates: The Case of Neutral Intervention Policy,"Manchester School, Vol. 57, No. 3, pp. 235-247. (SSCI, EconLit)
    37. Lai, Ching-chong and Wen-ya Chang, 1989. Spring, "Income Taxes, Supply-Side Effects, and Currency Devaluation," Journal of Macroeconomics, Vol. 11, No. 2, pp. 281-295. (SSCI, EconLit)
    38. Lai, Ching-chong and Wen-ya Chang, 1989. Spring, "The Fleming Proposition with Oligopolistic Pricing," Journal of Post Keynesian Economics, Vol. 11, No. 3, pp. 460-473.
    39. Lai, Ching-chong and Wen-ya Chang, 1988, "Tax Evasion and Tax Collections: An Aggregate Demand-Aggregate Supply Analysis," Public Finance / Finances Publiques, Vol. 43, No. 1, pp. 138-146.
    40. Chen, Chau-nan and Ching-chong Lai, 1988. 6, "Capital Mobility, Trade-Balance Elasticity, and Exchange Rate Dynamics," Southern Economic Journal, Vol. 55, No. 1, pp. 211-214.
    41. Chen, Chau-nan, Ching-chong Lai and Tien-wang Tsaur, 1988. 6, "The Loanable Funds Theory and the Dynamics of Exchange Rates: The Mundell Model Revisited,"Journal of International Money and Finance, Vol. 7, No. 2, pp. 221-230.
    42. Lai, Ching-chong and Wen-ya Chang, 1987. 12, "Currency Devaluation with Flexible Wages: An Application of the Cebula Model," Journal of Macroeconomics, Vol. 9, No. 4, pp. 625-635.
    43. Chen, Chau-nan, Ching-chong Lai and Wen-ya Chang, 1987. 12, "The Tight Money Effect, Wage Indexation, and Macroeconomic Policy: The Fleming Model Revisited,"Journal of Economic Studies, Vol. 14, No. 5, pp. 54-62.
    44. Lai, Ching-chong and Wen-ya Chang, 1987. 9, "Dynamic Stability under Dual Exchange Rate Regime with Neutral Intervention Operations," Economics Letters, Vol. 25, No. 1, pp. 67-70.
    45. Lai, Ching-chong and Yun-peng Chu, 1986. 10, "Exchange Rate Dynamics under Dual Floating Exchange Rate Regimes," Southern Economic Journal, Vol. 53, No. 2, pp. 502-508.
    46. Chu, Yun-peng, Ching-chong Lai, Wen-tzong Hsiao and Wen-ya Chang, 1986. 9, "Exchange Rate Intervention and Capital Mobility Control: Comparisons and Simultaneous Optimization," Journal of Development Economics, Vol. 23, No. 1, pp. 119-134.
    47. Chen, Chau-nan and Ching-chong Lai, 1985. 12, "Import-Export Elasticities and Exchange Rate Dynamics," Economics Letters, Vol. 19, No. 4, pp. 359-361.
    48. Lai, Ching-chong, Wen-tzong Hsiao and Wen-ya Chang, 1985. 12, "Managed Floating Exchange Rates, the Intervention Policy, and Macroeconomic Policies," Journal of Economic Studies, Vol. 12, No. 4, pp. 52-57.
    49. Lai, Ching-chong and Chau-nan Chen, 1985. 9, "Flexible Exchange Rates, Tight Money Effects, and Macroeconomic Policy: Reply," Journal of Post Keynesian Economics, Vol. 8, No. 1, pp. 154-158.
    50. Lai, Ching-chong and Chau-nan Chen, 1984. 9, "Flexible Exchange Rates, Tight Money Effects, and Macroeconomic Policy," Journal of Post Keynesian Economics, Vol. 7, No. 1, pp. 128-133.

    Conference Papers

    1. Liu, Shih-fu, Wei-chi Huang and Ching-chong Lai, 2019, “Could Fiscal Policies Overcome a Deep Recession at the Zero Lower Bound? A Simple Graphical Analysis,” 台灣經濟學會2019年年會, 輔仁大學, 台北。
    2. Chen, Kuan-jen, Angus C. Chu and Ching-chong Lai, 2014, “Home Production and Small Open Economy Business Cycles,” 台灣經濟學會2014年年會, 東吳大學, 台北。
    3. Chu, Angus C., Guido Cozzi, Ching-chong Lai and Chih-Hsing Liao, 2013, “Monetary Policy, R&D and Economic Growth in an Open Economy,” 台灣經濟學會2013年年會, 淡江大學, 台北。
    4. Tai, Meng-yi, Shih-wen Hu and Ching-chong Lai, 2013. “The Growth and Welfare Effects of Foreign Health Aid in an Endogenous Growth Model,” The 12th International Conference of the Japan Economic Policy Association, Sapporo University, Hokkaido, Japan.
    5. Hsieh, Hui-ting and Ching-Chong Lai, 2012, “A Macroeconomic Model of Imperfect Competition with Patent Licensing,” 台灣經濟學會2012年年會, 中央大學, 桃園。
    6. Chu, Angus C., Ching-chong Lai and Chih-Hsing Liao, 2012, “Money and Random Matching in an Endogenous Growth Model,” 台灣經濟學會2012年年會, 中央大學, 桃園。
    7. Chu, Angus C., Ching-chong Lai and Chih-Hsing Liao, 2010, “A Tale of Two Growth Engines: Interactive Effects of Monetary Policy and Intellectual Property Rights,” 台灣經濟學會2010年年會, 台灣大學, 台北。
    8. Lai, Ching-chong and Chi-Ting Chin, 2009, “Monetary Endogenous Growth and Nominal Income Targeting: An Analysis of Positive and Normative Perspectives,” 2009貿易、金融與發展學術研討會, 逢甲大學, 台中。
    9. Hu, Shih-wen and Ching-chong Lai, 1998.7, “The Overshooting Hypothesis of Agricultural Prices: The Role of Asset Substitutability,”產業經濟學術研討會,逢甲大學,台中。
    10. Lai, Ching-chong and Wen-ya Chang, 1990. 3, “Are Sterilization Operations or Neutral Intervention Operations Stabilizing under Two-Tier Exchange Rates,” The Twenty-Ninth International Atlantic Economic Conference, Geneva, Switzerland.
    11. Lai, Ching-chong and Wen-ya Chang, 1990. 3,“The Dynamic Property under Two-Tier Exchange Rates”, Paper presented at the Twenty-Ninth International Atlantic Economic Conference, Geneva.
    12. Tsaur, Tien-wang, Ching-chong Lai and Wen-ya Chang, 1990. 3,“Optimal Weighted Currency Composite-Exchange Market Intervention and Wage Indexation”, Paper presented at the Twenty-Ninth International Atlantic Economic Conference, Geneva.
    13. 賴景昌, 張文雅, 1987. 12,「中立干預政策的雙元匯率制度與動態安定分析」,《中國經濟學會七十六年年會論文集》, 頁 215-225。
    14. 賴景昌, 張文雅, 朱雲鵬, 1987. 6,「管理雙元匯率制度、貨幣政策與匯率動態調整」, 《第五次社會科學會議》, 中央研究院三民主義研究所, 頁 90-114。
    15. 曹添旺, 賴景昌, 何台章, 1984. 12, 「外匯市場干預與最適通貨籃之研究」, 《台灣的金融發展》(于宗先、劉克智主編), 中央研究院經濟研究所出版, 頁 335-357。
    16. 曹添旺, 賴景昌, 1982. 8, 「城鄉的工資不平均度與性別歧視」, 《社會科學整合論文集》(陳昭南、江玉龍、陳寬政主編), 中央研究院三民主義研究所《叢刊》(9), 頁 301-330。
    17. 賴景昌, 1980. 12, 「總體經濟政策與外溢效果─浮動匯率與固定匯率的比較」, 《中國經濟學會六十九年年會論文集》, 頁 49-64。

    Books and Collected Papers

      1.Lai, Ching-chong, 1993, International Finance: Fundamental。Taipei：茂昌。
      2.Lai, Ching-chong, 1994, International Finance: Advanced Par。Taipei：茂昌。
      3.Lai, Ching-chong, 2001, Macroeconomics, 2nd Edition。Taipei：雙葉。
      4.Lai, Ching-chong, 2004, Macroeconomics, 2nd Edition。Taipei：雙葉。
      5.Lai, Ching-chong, 2007, International Finance: Fundamental Part, 2nd Edition。Taipei：華泰。
      6.Lai, Ching-chong, 2011, Macroeconomics, 3nd Edition。Taipei：雙葉。
      7.Lai, Ching-chong, 2018, Macroeconomics, 4th Edition。Taipei：雙葉。

    Technical Reports and Others

    Honord and Awards

    • Academia Sinica Investigator Award, 2011-2015 and 2019-2023.
    • Academic Award, Ministry of Education, Taiwan,1991.
    • Distinguished Research Awards (2-year term), National Science Council, Taiwan, 1988-1989, 1990-1991, and 1993-1994.
    • Distinguished Research Fellow (3-year term), National Science Council, Taiwan, 1995-1997 and 1998-2000.
    • Outstanding Schoolfellow Award for Academic Achievement, National Taipei University, Taiwan, 2004.
    • Outstanding Research Award (5-year term), Foundation for the Advancement of Outstanding Scholarship, Taiwan, 2000-2005.
    • Outstanding Contribution Award in Science and Technology, the Executive Yuan, Taiwan, 2005.

    Editorial Activities

    • Associate Editor, Taiwan Economic Review (Published by Department of Economics, National Taiwan University), January 1989-December 1990.
    • Managing Editor, Journal of Social Sciences and Philosophy (Published by Sun Yat-Sen Institute for Social Sciences and Philosophy, Academia Sinica), January 1990-December 1991.
    • Editorial Board, Taiwan Economic Review (Published by Department of Economics, National Taiwan University), January 1991-December 1996.
    • Chief Editor, Journal of Social Sciences and Philosophy (Published by Sun Yat-Sen Institute for Social Sciences and Philosophy, Academia Sinica), January 2000-December 2002.
    • Editorial Board, Taiwan Economic Review (Published by Department of Economics, National Taiwan University), January 2003-Present.
    • Executive Editor, Academica Economic Papers (Published by Institute of Economics, Academia Sinica), October 2004-Present.
    • Associate Editor, Journal of Economics (Published by Springer Press, Vienna, Austria), January 2005-Present.

    Referee Work

    • International Economic Review
    • Journal of Public Economics
    • European Economic Review
    • Journal of Money, Credit, and Banking
    • Economic Theory
    • Journal of Economic Growth
    • Journal of Economic Dynamics and Control
    • Scandinavian Journal of Economics
    • Canadian Journal of Economics
    • Economic Inquiry
    • American Journal of Agricultural Economics
    • Journal of International Money and Finance
    • Journal of Economic Behavior and Organization
    • Macroeconomic Dynamics
    • Journal of Public Economic Theory
    • Journal of Macroeconomics
    • Southern Economic Journal
    • International Tax and Public Finance
    • Journal of Economics
    • European Journal of Political Economy
    • International Review of Economics and Finance
    • North American Journal of Economics and Finance
    • Studies in Nonlinear Dynamics & Econometrics
    • Review of International Economics
    • Review of Development Economics
    • Economic Modelling
    • Pacific Economic Review
    • Quarterly Review of Economics and Finance
    • Environmental Economics and Policy Studies
    • Environment and Development Economics
    • Australian Journal of Agricultural and Resource Economics
    • Asia-Pacific Journal of Accounting & Economics
    • Metroeconomica
    • Contemporary Economic Policy
    • Journal of Economic Studies
    • Journal of Economic Inequality
    • Bulletin of Economic Research
    • Economics Bulletin
    • 經濟論文
    • 經濟研究
    • 經濟論文叢刊


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