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Archives of Peking University News - PKU English - 北京大学

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<strong>北京大学</strong>英语新闻网/<strong>Peking</strong> <strong>University</strong> <strong>News</strong><br />

Nobel Laureate <strong>of</strong> Economics Lectured<br />

at <strong>PKU</strong><br />

By Liu Li<br />

<strong>PKU</strong> NEWS 2005--06—06<br />

http://ennews.pku.edu.cn/news.php?s=118022572<br />

<strong>Peking</strong> <strong>University</strong>, Beijing, June 6th, 2005: Nobel Laureate <strong>of</strong> Economics, including<br />

Pr<strong>of</strong>essor Robert A. Mundell, 1999 Economics Nobel Laureate and also Pr<strong>of</strong>essor <strong>of</strong><br />

Economics from Columbia <strong>University</strong>, Pr<strong>of</strong>essor Robert J. Barro, Paul M. Warburg<br />

Pr<strong>of</strong>essor <strong>of</strong> Economics as well as senior fellow at the Hoover Institution from<br />

Harvard <strong>University</strong> and Pr<strong>of</strong>essor Gary Becker, 1992 Nobel Laureate in Economics<br />

and also Pr<strong>of</strong>essor <strong>of</strong> Economics and Sociology at the <strong>University</strong> <strong>of</strong> Chicago<br />

delivered a sequence <strong>of</strong> lectures concerning their respective research field to <strong>PKU</strong><br />

teachers and students in China Center for Economic Research (CCER) from June<br />

1st to June 3rd last week.<br />

Among these distinguished speakers, pr<strong>of</strong>essor Mundell might attract more attention<br />

partly because <strong>of</strong> his personal achievement in monetary policy as well as exchange<br />

rate research being more relevant to current RMB appreciation discussion. He is<br />

renowned for his un<strong>of</strong>ficial title <strong>of</strong> "Father <strong>of</strong> the Euro" because <strong>of</strong> his attribution to<br />

the corn <strong>of</strong> this Europe single currency. Pr<strong>of</strong>essor Mundell <strong>of</strong> course has other<br />

numerous <strong>of</strong>ficial titles. He has been an adviser to a number <strong>of</strong> international<br />

agencies and organizations including the United Nations, the IMF, the World Bank,<br />

the European Commission, and several governments in Latin America and Europe,<br />

the Federal Reserve Board, the US Treasury and the Government <strong>of</strong> Canada. In<br />

1970, he was a consultant to the Monetary Committee <strong>of</strong> the European Economic<br />

Commission, and in 1972-3 a member <strong>of</strong> its Study Group on Economic and<br />

Monetary Union in Europe. He was a member <strong>of</strong> the Bellagio-Princeton Study Group<br />

on International Monetary Reform from 1964 to 1978, and Chairman <strong>of</strong> the Santa<br />

Colomba Conferences on International Monetary Reform between 1971 and 1987.<br />

on June 2nd, Pr<strong>of</strong>essor Mundell delivered to <strong>PKU</strong> students a speech concerning his<br />

latest research on exchange rate between currencies. The much-discussed RMB<br />

appreciation has drawn usually focused attention on this lecture among <strong>PKU</strong><br />

students and the lecture hall in CCER was fully packed long before the actual<br />

speech started.<br />

Two days antecedent to Pr<strong>of</strong>essor Mundell‘s speech, Pr<strong>of</strong>essor Robert Barro<br />

delivered a speech under the title <strong>of</strong> Equity Premium while Pr<strong>of</strong>essor Gary Becker<br />

delivered a speech focused on knowledge, human capital, population, and economic<br />

991

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