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楊淑珺 (Shu-Chun S. Yang), 教授兼所長
phone: +886-7-5252000 ext. 5621
office: 國研IR5024   
curriculum vitaedownload



Director, Institute of Economics, National Sun Yat-Sen University, February 2015-present.
Professor, Institute of Economics, National Sun Yat-Sen University, August 2014-present.
Senior Economist, Research Department, International Monetary Fund, June 2010-July 2014, on leave starting August 2014.
Principal Analyst, Fiscal Policy Analysis Unit, Macroeconomic Analysis Division, Congressional Budget Office, November 2008-April 2010.
Assistant Research Fellow, Institute of Economics, Academia Sinica, February 2007–October 2009 (on leave from November 2008 to October 2009).
Economist, Joint Committee on Taxation, United States Congress, August 2004-January 2007.
Assistant Professor, John Carroll University, August 2003-July 2004.
Research Assistant, Center for Econometric Model Research, Indiana University, 2000-Summer 2003.
Research Assistant, Eric M. Leeper, Indiana University, Summer 1999, Summer 2000.
Associate Instructor, Indiana University, 1997-1999.
Teaching Assistant, University of Southern California, 1997.
Legal Assistant, Law Offices of Wendell K. Hu, Los Angeles, 1995-1996.


Ph.D., Indiana University, Economics, June 2003.
M.A., Indiana University, Economics, 1999.
M.A., University of Southern California, Annenberg School for Communication and Journalism, 1993-1995.
B.A., National Chengchi University, Taiwan, Advertising, 1993.


科技部104年度傑出研究獎, 2016.
傑出人才發展基金會之積極爭取國外優秀年輕學者獎助, 2015-2020.
科技部大專校院延攬特殊優秀人才之獎助, 2014-2017.
Recognition of Outsanding Contribution: a Special Spot Award and a Special Department Award, Research Department, IMF, 2013.
Outstanding Contribution to the Formulation ofthe Tax Laws of the United States of America during 108th-110th Congress, 2007.
Taulman A. Miller Award for the Best International Student, Department of Economics, Indiana University, 2002.






    Referred Journal Articles

1. "Harnessing Resource Wealth for Inclusive Growth in Fragile West Africa" (with  C. Deléchat et al.), 2017,  forthcoming in Journal of African Economies.
2. "Fiscal Limits in Developing Countries: a DSGE Approach" (with  H. Bi and W. Shen), 2016,  Journal of Macroeconomics, 49119-130.
"Debt-Dependent Effects of Fiscal Expansions" (with W. Shen and H. Bi), 2016, European Economic Review88142-157.
"Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model" (with G. Melina and L.-F. Zanna), 2016,  Economic Modelling, 52, 630-649 (revised from IMF Working Paper 14/50).
"Investing Volatile Resource Revenues in Capital-Scarce Economies" (with C. Richmond and I. Yackovlev), 2015, Pacific Economic Review, 20(1), 193-221 (IMF Working Paper 13/147).
"When Does Government Debt Crowd Out Investment?" (with N. Traum), 2015, Journal of Applied Econometrics, 30, 24-45 (CBO Working Paper 2010-002).
"Fiscal Foresight and Information Flows" (with E. Leeper and T. Walker), 2013, Econometrica, 81(3), 1115-1145, May (NBER Working Paper 14630, 14028; IMF Working Paper 12/153).
"Public Inverstment in Resource-Abundant Developing Countries" (with A. Berg, R. Portillo, and L.-F. Zanna), 2013, IMF Economic Review, 61(1), 92-129, April (IMF Working Paper 12/247).
"Monetary and Fiscal Policy Interactions in the Post-war U.S." (with N. Traum), 2011, European Economic Review, 55(1), 140-164, January (IMF Working Paper 10/243).
"Government Investment and Fiscal Stimulus" (with E. Leeper and T. Walker), 2010, Journal of Monetary Economics, 57(8), 1000-1012, November (NBER Working Paper 15153; IMF Working Paper 10/229).
"Dynamic Scoring: Alternative Financing Schemes" (with E. Leeper), 2008, Journal of Public Economics, 92, 159-182, February (NBER Working Paper 12103).
"Do Capital Income Tax Cuts Trickle Down?" 2007, National Tax Journal, 60(3), 551-567, September.
"Tentative Evidence of Tax Foresight," 2007, Economics Letters, 96, 30-37, July.
"Quantifing Tax Effects under Policy Foresight," 2005, Journal of Monetary Economics, 52(8), 1557-1568, November.

    Book Chapters

1. " ‘Best-Practice’ Sovereign Wealth Funds for Sound Fiscal Management" (with C. Deléchat and M. Villafuerte), forthcoming in The New Frontiers of Sovereign Investment, edited by M. Rietveld and P. Toledano, Columbia University Press.
2. "Sovereign Wealth Funds in the Context of Macro-fiscal Frameworks for Resource-Rich Developing Countries" (with C. Deléchat and M. Villafuerte), forthcoming in The New Frontiers of Sovereign Investment, edited by M. Rietveld and P. Toledano, Columbia University Press.
"Modeling African Economies: a DSGE Approach" (with A. Berg and L.-F. Zanna), 2015, in Oxford Handbook of Africa and Economics, edited by C. Monga and J. Lin, Oxford University Press.


    Policy Work

"Too Much of a Good Thing?" (with C. Geiregat), 2013, Finance & Development, September, 8-11.
"Leveraging Oil Wealth for Development in Kazakhstan: Opportunities and Challenges" (with G. Minasyan), 2013, IMF Selected Issue Paper, IMF Country Report No. 13/291.
"The Macroeconomic Effects of Natural Resource Extraction: Applications to Papua New Guinea" (with B. Suman, J. Gottschalk, W. Schule, and N. Vellodi), 2013, IMF Working Paper 13/138.
"Macroeconomic Policy Frameworks for Resource-Rich Developing Countries," IMF Board Paper, 2012. Author of "Approaches to Assessing the Adequate Size of a RRDC Stabilization Buffer" (Box 3, with J. Araujo), "The Sustainable Investing Tool" (Box 4), "Managing Natural Resource Revenues: a Dynamic Stochastic General Equilibrium Framework" (Chapter I.C), "Absorptive Capacity" (Chapter II.A, with A. Berg), "Investing Oil Revenue in Capital-Scarce Economies: an Application to Angola" (Chapter III.B, with C. Richmond and I. Yackovlev).
"Volatile Commodity Prices and the Development Challenge in Low-Income Countries," Box 4.2 of World Economic Outlook, April 2012, IMF.
"The Design of Fiscal Adjustment Strategies in Botswana, Lesotho, Namibia, and Swaziland" (contribution: DSGE modeling), November 2011, IMF Working Paper 11/266.
"Policies for Increasing Economic Growth and Employment in 2010 and 2011," January 2010, Congressional Budget Office.
"The Economic Impact of Rising Federal Debt," in Chapter 1 of Long-Term Budget Outlook, June 2009, Congressional Budget Office.
"Forecast of Taiwanese Economy: Outlook of 2008, Domestic Demand," Taiwan Economic Forecast and Policy, 2008, 39(1), 147-152 (in Chinese). Also prepared "The Economic Outlook of Taiwan: 2008-2011" (with Juin-Jen Chang and Chung-Shu Wu) for Project Link 2008 Meeting of United Nations.
"Background Information about the Dynamic Stochastic General Equilibrium Model Used by the Staff of the Joint Committee on Taxation in the Macroeconomic Analysis of Tax Policy" (main contributor), JCX-52-06, December 2006, Joint Committee on Taxation, U.S. Congress.


    Working Papers

"Fiscal Consolidation with Public Wage Reductions" (with J.-J. Chang, H.-Y. Lin, and N. Traum)December 2016
"The Effects of Government Spending in Low-Income Countries" (with W. Shen and F.-L. Zanna), December 2015IMF Working Paper 15/286 (under revision)
"Identifying of Monetary Policy Shocks for the Taiwanese Economy: a Tentative Investigation" (with J.- J. Chang), June, 2009. 
"A Chronology of Federal Income Tax Policy: 1947-2009," July 2009, CAEPR Working Paper No. 2007-021, 2008 (updated July, 2009). 

    Chapter 12_Stochastic Process.pdf   Chapter 12_Stochastic Process.pdf 


科技部105學年度專題計畫:MOST 105-2410-H-110-005-MY2 「財政及外匯累積政策之總體效果研究:DSGE方法」(研究主持人, 2016/08/01~2018/07/31).
科技部103學年度專題計畫:MOST 103-2410-H-110-079-MY2 「開發中國家政府支出之總體效果」(研究主持人, 2014/11/01~2016/10/31).
Macro Research for Development: an IMF-DFID Collaboration, team lead for the Topic "Macroeconomic Management of Natural Resources," 2014. 
國科會96學年度專題計畫:NSC 96-2415-H-001-005 「資本所得稅的總體分配效果」(研究主持人, 2007/04/01~2008/07/31).
國科會優秀年輕學者研究計劃 (個人型, 2008).