Institute for Economic and Social Research

2021 HCEO Summer School & Best Paper Competition


Time: 12th-16th, July, 2021

Venue: Jinan University, Guangzhou

Co-organized by HCEO and IESR

About the Event:

The Human Capital and Economic Opportunity Global Working Group (HCEO) and the Institute for Economic and Social Research (IESR) at Jinan University are holding the Summer School on Socioeconomic Inequality and Best Paper Competition at Jinan University for undergraduate students. During the summer school 6 senior professors of economics from leading universities around the world will give introductory lectures on various economic topics. Lecturers of the summer school will open office hours to have individual meetings with the participants. Students participating in the 2021 Best Paper Competition will have the opportunity to present their work before a panel of leading experts and receive constructive feedback. The final award will be announced at the end of the summer school.


Lawrence Blume

Lawrence E. Blume is a Goldwin Smith Professor of Economics at Cornell University. He is a Visiting Research Professor at IHS and a member of the external faculty at the Santa Fe Institute, where he has served as Co-Director of the Economics Program and on the Institute's steering committee. He teaches and conducts research in general equilibrium theory and game theory, and also has research projects on natural resource management and network design. A Fellow of the Econometric Society, he received an BA in Economics from Washington University and a PhD in Economics from the University of California, Berkeley. Blume was one of the general editors of The New Palgrave Dictionary of Economics, 2nd edition, to which he contributed several articles on economic theory.

Zhao Chen


Zhao Chen is deputy director and a professor at China Center for Economic Studies (CCES) at Fudan University, Shanghai, China. His research interest covers Development Economics as well as Urban and Regional Economics and Industrial Economics. Currently, he works on following topics including innovation policy, environment regulation, hukou system and urbanization, media report in China. He received his PhD in economics from Fudan University in 2001.

Steven Durlauf

Steven Neil Durlauf is a professor at the Harris School of Public Policy at the University of Chicago, USA.


Durlauf received a Ph.D. in economics from Yale in 1986. He is a Fellow of the Econometric Society and a Research Associate of the National Bureau of Economic Research. He is currently a co-director of the Human Capital and Economic Opportunity Working Group at the University of Chicago.


Durlauf's research spans many topics in microeconomics and macroeconomics. His most important substantive contributions involve the areas of poverty, inequality and economic growth. Much of his research has attempted to integrate sociological ideas into economic analysis. His major methodological contributions include both economic theory and econometrics.

Chao Fu


Chao Fu is the Mary Claire Aschenbrenner Phipps Professor of Economics at the University of Wisconsin–Madison. Her broad research area is empirical microeconomics that combines economic theories and econometrics tools to study policy relevant questions. Her research covers a wide range of topics, including education, urban policing, worker training, post-disaster reallocation and health insurance systems. A common theme of her research has been evaluating policy impacts from an equilibrium perspective.




Fu received a B.A. in Economics from Xiamen University in 2002, an M.A. in Economics from the University of Western Ontario in 2005, and a Ph.D. in Economics from the University of Pennsylvania in 2010.


Raji Jayaraman


Raji Jayaraman is currently associate professor of economics in the Munk School of Global Affairs and Public Policy, with a cross-appointment in the Department of Economics at the University of Toronto. She obtained her PhD from Cornell University. Her research in development and labor economics examines the role of incentives and social preferences on the decisions and performance of students, workers, and consumers. Her research has been published in leading economics journals including the American Economic Review, the Journal of Political Economy, the Review of Economics and Statistics and the Journal of Development Economics.



Li-An Zhou


Li-An Zhou is a Professor of Appied Economics at Guanghua School of Management at Peking University. Dr. Zhou received his BA and MA in economics from Peking University, and his Ph.D. in economics from Stanford University. He joined Gunaghua as an Assistant Professor in 2002 and became a full Professor in 2010. His research interests include political economy, industrial organization, economic development, and Chinese economy. Dr. Zhou has published papers in economics and management journals including American Economic Review, Review of Economics and Statistics, Journal of Public Economics, Economic Journal, Journal of Health Economics, and Strategic Management Journal. He is also the author of the book Incentives and Governance: China's Local Governments (Cengage Learning, 2010).

Call for application:

The 2021 HCEO Summer School & Best Paper Competition is open to all undergraduate students majoring in economics and related disciplines. Applicants are required to submit a paper for the Best Paper Competition. Authors of selected papers will present before a panel of leading experts and receive constructive feedbacks. The winner of the best paper award will receive a letter with recommendations of the paper signed by the faculty members.


Applicants admitted will join the program onsite at Jinan University, Guangzhou. IESR will cover the transportation and accommodation fees during the summer school.

Apllication link:

Apllication deadline:

21st June, 2021. General inquiries regarding the submissions should be directed to


Steven Durlauf, University of Chicago

Shuaizhang Feng, Jinan University


IESR and HCEO Global Working Group of the University of Chicago jointly hosted the first edition of the Summer School.


IESR and the University of Chicago strengthened cooperation. Students from Boston University, Harvard University and Peking University etc. joined the Summer School and very positive feedback was received.


HCEO – IESR Faculty Collaborative Seminar was held in the third edition of the Summer School. 27 young scholars and researchers from the USA, Germany, Iran, and China etc. shared insights and exchanged ideas.


The first time that IESR – HCEO Summer School opened for undergraduate students.



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