报告人：王高望（山东大学经济研究院）

时间：2021年5月26日（周三）下午1:30-3:00

地点：博学楼1222

主持人：王韡（国际经济贸易学院经济系副教授）

报告题目：Government Intervention through Informed Trading in Financial Markets

摘要：We develop a theoretical model of government intervention in which a government with private information trades strategically with other market participants to achieve its policy goal of stabilizing asset prices. When the government has precise information and prioritizes its policy goal, both the government and the informed insider engage in reversed trading strategies, but they trade against each other. Government intervention can improve both market liquidity and price efficiency, and the effectiveness of government intervention depends crucially on the quality of information possessed by the government.

报告人简介：王高望，山东大学经济研究院教授、博士生导师，武汉大学经济学博士，香港大学Research Associate。研究成果发表于Journal of Economic Theory, Economics Letters, 《经济研究》等国内外学术期刊。

报告人主页：https://faculty.sdu.edu.cn/wanggaowang/zh_CN/index.htm