一、报告题目

Is Language an Economic Institution? Evidence from R&D Investment（语言是一种经济制度吗？通过研发投资得来的证据）

二、报告人

Jianxin Chi（迟健心），内华达大学拉斯维加斯校区(UNLV)金融系终身教授

三、报告时间

2018年12月6日（周四）下午15:00-16:30

四、报告地点

知新楼B423聚贤报告厅

五、报告内容

Some languages encode future timing more ambiguously than others. We identify two economic channels through which more ambiguous reference to future timing leads to higher levels of R&D investment. Our empirical tests on country and firm-level R&D investment confirm this prediction, even after controlling for an extensive set of formal and informal economic institutions and addressing endogeneity concern in multiple ways. Tests on patent generation provide further evidence that ambiguous reference to future timing leads to more innovation.

六、主办单位

山东大学经济学院