Du Liqun, Professor of Peking University: this year's Nobel Prize on unemployment

Du Liqun, a professor at Peking University: Three Nobel Prize winners are concerned about the global problems of poverty, unemployment and pensions, October 11, and the annual prize for economics is announced today. The winner of this year's Nobel Prize in economics was Peter Diamond, Christopher Disaridis of Massachusetts Institute of Technology and Dale Mortensen of Northwestern University. Du Liqun, a professor at the School of Economics at Peking University, said in an exclusive dialogue with Sina finance that the three prizes were for the world, one for poverty, one for unemployment and the other for old-age, which is also a global problem.　　They are given the privilege of focusing on the global problems of the labour market, which is closely related to ordinary people. "Three winners, mainly for the global, for the world, one is poverty, one is unemployment, the other is endowment, and this is a global problem, and they are able to get the honor that they are in this area, in a world full of disharmony or in the economic field, in other areas, It may be necessary to have more workers and researchers in the field of economics to pay attention to such a labor market closely related to ordinary people, in the process of economic growth, in the process of widening the gap between the rich and poor, the need for workers, economic agents, ordinary people, to their survival, Pay more attention to their employment and the environment in which they live. Zhang Liqun in the dialogue. (Wing Fei) The following is a transcript of Professor Zhang Liqun: Moderator Guanjing: Thank you, Mo Nan, the latest news, just now our information some mistakes, won this year's Nobel Prize in economics, a total of three economists, detailed information has been obtained, the Swedish Royal Academy of Sciences, based in Stockholm, Sweden, announced today Peter Diamond of Massachusetts Institute of Technology, Christopher Disaridis (Christopher A. Dissarides), University of Northwestern Dell-Mortensen (Dale). T Nortensen won the 2010 Nobel Prize in Economics. Next to connect another field guest, from Peking University School of Economics professor, she also research direction is foreign economic thought history and Western School of Economics, we wired Du Liqun teacher, let her on the fresh way of the Nobel Prize for Economics to do a detailed interpretation, now in the studio dial du Teacher's phone.　　Teacher du Hello, we see the results have come out, a total of three economists won the Nobel Prize in economics, can you know their respective areas of study and detailed information on their three people to give us a detailed introduction?　　Du Liqun: This may be a bit of a challenge, because there was not much to consider before, and the result was a bit different for the economics circle.　　Moderator Guanjing: A little unpopular means? Du Liqun: Yes, the people we're looking for don't get it, and these, Diamond can, Christopher, Mawson I'm not tooCooked。　　Moderator Guanjing: First of all, diamond. Du Liqun: Diamond in the United States I also heard his class, 2000 to attend lectures, I think he is a very promising Nobel Prize, this is I can feel he will take the Nobel Prize.　　But from these days, everyone judged the Nobel laureate, and did not put him inside.　　Moderator Guanjing: Just at the scene with the Mo Nan discussed five popular candidates, including Taylor and the like, are not on the award list, you think Diamond why will win?　　Du Liqun: I'll find the information first.　　Moderator Guanjing: Look at the other two-bit there is no relevant situation.　　Du Liqun: I'm not familiar with the other two, and I haven't seen more of them in my research. Moderator Guanjing: We also see relevant background information shows the London School of Economics and Political science Peter Daimond because of the market for intangible goods Research and award.　　You tell us about the market in the study of intangible goods, this is exactly what kind of research methods, what is his research content in the end? Du Liqun: Commodity classification is tangible and intangible, tangible goods are often seen in traditional markets, through the tangible or intangible market to buy goods. Intangible goods, more targeted at service products, service products in the modern market economy, this his development will be more and more quickly, that is, the development of the service industry, services mainly provide a variety of services or intangible products, these products on economic activities,　　Part of the increase in modern economic life is a great contribution to economic growth and to the growth of a country's GDP, which accounts for a large proportion of the developed world, his research on intangible products in the past 10 years, 20 years, is an intangible commodity development trend more research on the reward of researchers.　　Host Guanjing: Again to listen to the site of the Mo Nan, the information on the market of intangible goods research, this is not with the vast numbers of netizens introduced? Zhang Monan: The impact of the financial crisis in the United States, now want to reshape the manufacturing, the U.S. economy to the real economy back. In the process of returning, he cannot repeat low-end manufacturing, and more America, like China, is implementing an industry that is dominated by strategic interest industries, including support, services and intellectual capital. The intangible assets advocated by Jiang's economist, or the hidden capital and knowledge that we call it, should be enormous in the economic development and value chain.　　The United States, including the Nobel Prize winners elected him as the winner of the economic prize this year is the future of the world's second competition, including the process of reconstruction, who can master the new strategic emerging advantages, for future competition to provide a blue sea or a new competitive strategic direction. Moderator Guanjing: Thank you, Mo nan. Mr. Du, in the live broadcast of the live webcast of the Nobel Prize for economics, we saw Christopher's comments and questions, and the host asked him why I was interested in the research in this field.Unemployment in Europe has started to rise, so I know that this issue will affect the Government's performance, there will be greater social significance, if the community does not take measures, the unemployment rate will be likely to increase further, and economists on this difficult to put forward effective theory to deal with this phenomenon, committed to developing new theoretical models to solve this problem,　　And the new model does get the effect.　　This is seen in the live broadcast of his answer, you think his research direction this year why the prize, unemployment problem in the end love how much meaning, for each country? Du Liqun: For unemployment, he affects the interests of the people, but also affect the stability of the political and social, so countries in the treatment of unemployment, the general will propose a solution from the macro or micro level, through unemployment benefits, through the creation of more jobs, Through the change of the growth pattern and so on many aspects to propose the solution to the unemployment problem.　　Nobel laureate in the new field to solve the problem of unemployment, traditional economics is facing the problem is that the traditional solution is not too obvious or can not be well resolved, through a new analytical method or research ideas, to give some policy suggestions.　　Moderator Guanjing: Thank you, Ms. Fu, how do you see this problem? Zhang Monan: I think the problem of unemployment, the current jobless recovery in developed countries, not only cyclical unemployment, but also a structural unemployment, this structural unemployment, we need to re-examine the Western economy in the field of relations of production and labor relationship. The most important role of economics is not only to improve labor productivity, but also how to build a harmonious production relations, so the new Nobel Prize to propose new economic model and new economic theory is to create more lasting employment by rebuilding a new economy relationship, Because more ideas are now being cast by the theory of economic growth priority, we should change the traditional thinking and mode of economic development in the past. Pay more attention to the development of human beings, because after all, people are the first impetus of economic development, so it is to change from the original economic growth priority to employment growth priority. In this process, the Government should do more things, not only through the support of policy, but should build a good economic ecology, in this economic ecosystem so that workers have a more harmonious relations of production, because they have the passion of entrepreneurship.　　In a free and mutually equitable environment, we can seek to develop ourselves better. Moderator Guanjing: OK, thank you, Mo nan. Mr. Du, finally, listen to the Swedish royal Court for their reasons for the award. The Royal Swedish Academy of Sciences says that the three-bit theory that explains the conflict in the marketplace is based on microeconomics, the rational output of the market, and that their work means more reasonable hiring of workers, and that recruiters and demand jobs should provide more reasonable mechanisms, Their research is based on the labour market and is also helpful in solving various policy issues. But their theory is far more applicable to the outside of the labour market., can also be used throughout the real estate market in economics and family economics, and so on, so the Swedish Royal Academy of Sciences has won the prize for their vastly altered market system.　　Finally, listen to teacher du's views on this field. Du Liqun: Three award-winning, for the world, one is poverty, one is unemployment, the other is endowment, and this is a global problem, and they are able to get the honor that they are in this area, in a world full of disharmony or in the economic field, in other areas, It may be necessary to have more workers and researchers in the field of economics to pay attention to such a labor market closely related to ordinary people, in the process of economic growth, in the process of widening the gap between the rich and poor, the need for workers, economic agents, ordinary people, to their survival,　　Pay more attention to their employment and the environment in which they live. Moderator Guanjing: Thank you, Miss Du. Mo Nan, let's extend this question, because three of them are from MIT, the London School of Political Science and Northwestern University in the United States, they are overseas researchers, for China's economic theory research, their research direction of the award, the impact on us may have.　　Because the labor factor is also a very important factor in China, our government has been talking about increasing the proportion of the income redistribution of the labor force, and so on, what do you think about this problem? Zhang Monan: The winner of the Nobel Prize in the past few years, who won the prize in 2006, was Phillips, because the employment theory that Phillips put forward was very well known, and since then the world has begun to pay attention to the issue of employment, and from now on, the recent United Nations Development Report, The world is already facing a new crisis, and what the new crisis is a new round of employment crisis. For the employment crisis, the current embodiment in China is not very obvious, but people's livelihood issues, including how to deal with China's Lewis inflection point, in fact, has become a constraint on China's economic restructuring is very important destabilizing factors. It can be said that it also gives our governments and policymakers a very good view of the sustainable growth of the economy, but also provides us with a need for the government to carry out large-scale policy reserves of development ideas.　　For China, the next 20 years or 30, 60, because at present we are indeed facing a 30-year, Crossroads turning problem, China how to achieve economic gold for 30 years of sustainable growth, I think is not just to focus on the factors like the past, in the past 30 is a human factor. Moderator Guanjing: Thank you, Mo nan. Miss Du has just been reading a sentence of a word impressed, but also very agree with the current China, how to solve the problem of people, perhaps after 30 years of rapid economic growth, we need our management, policymakers, leadership of their in-depth thinking. The reason for this Nobel Prize for economics is also the discussion of labor market, unemployment, and employment-related theories. YouFeel such a Nobel Prize, such research direction for the future of China, what kind of impact and influence? Du Liqun: From China's point of view, we are faced with a lot of problems, unemployment, widening income gap, as well as inequality of the rich and poor, high education and low education of these jobs, not necessarily a high degree of education can find a good job. Some people with low education or low skills, faced with more problems, their survival pressure is greater, the reference value for China is that the government's policymakers should more put the employment problem, the people's livelihood issues, as well as China currently faces some changes in the mode of economic growth, labor market structure adjustment, As well as the protection of the ecological environment of economic growth and so on, these issues have to be discussed, more concern is people-oriented, to solve the people's livelihood, the other is more through the rational way to the economic actors in the law of this constraint, in the incentive mechanism, more effective, how to motivate people's enthusiasm, creativity and ability to play aspects,　　I think more consideration should be given to the factors of humanism. Host Guanjing: Well, thank you very much, Mr. Du. At this point, the 2010 Nobel Prize in Economics has completely uncovered the final answer, and three Nobel economics professors, though different in theory and methods, are committed to solving common problems, problems in the global labour market, unemployment and employment, and a series of people-oriented fields. Today, Sina netizens with us to witness the process of this award announcement, we also think that this kind of award for the current China is also a very big reference, after all, after 30 years of rapid economic growth, the current China does face a lot of problems like teacher Du, how to overcome these problems, Going to the future development may be a human problem the problem of workers, the problem of income distribution, the problem of employment may be very important, we hope that this Nobel Prize in economics will bring new ideas to the field of economics research in China, and promote the development of China's economic research field to people-oriented. Thank you for watching our live broadcast, you telephone line Du Liqun teacher, thank you for your watch, we will see you next time!