Agenda
- Location: IMF HQ2-03A-351 & 381
- Format: 40-minute presentation and 10-minute discussion
- Co-organizers: Nan Li (International Monetary Fund-Research Department, NLi@imf.org), Hui He (International Monetary Fund-Institute for Capacity Development, HHe@imf.org), Tao Zha (Federal Reserve Bank of Atlanta and Emory University, tzha@earthlink.net).
- Contacts for logistics issues: Tracey Lookadoo (International Monetary Fund, Tlookadoo@imf.org), Jane Haizel (International Monetary Fund, JHaizel@imf.org)
| Thursday, April 28 | |
| Continental breakfast | |
| 9:00 |
Opening Remarks Jonathan D. Ostry, Deputy Director, Research Department, International Monetary Fund |
| Session 1: Growth and cycles Session Chair: Sunil Sharma, International Monetary Fund |
|
| 10:05 |
Policy Perspectives from the Bottom Up: What Do Firm-Level Data Tell Us China Needs to Do? Loren Brandt, University of Toronto [Presentation  ]Discussant: Zheng Liu, Federal Reserve Bank of San Francisco [Presentation ] |
| 9:15 | Firm Entry and Regional Growth Disparities: the Effect of SOEs in China Loren Brandt, University of Toronto, Gueorgui Kambourov, University of Toronto, and Kjetil Storesletten, University of Oslo [Presentation ]Discussant: Nan Li, International Monetary Fund [Presentation ] |
| 10:55 | Break |
| 11:15 | Trends and Cycles in China's Macroeconomy Chun Chang, Shanghai Advanced Institute of Finance, Kaiji Chen, Emory University, Daniel Waggoner, Federal Reserve Bank of Atlanta, and Tao Zha, Federal Reserve Bank of Atlanta and Emory University [Presentation ]Discussant: Kevin Huang, Vanderbilt University [Presentation ] |
| Open floor for general discussion | |
| 12:35 | Lunch Keynote speaker: Nicholas Lardy, Peterson Institute [Presentation ] |
| Session 2: China in the global economy Session chair: Luis Cubeddu, International Monetary Fund |
|
| 2:00 | China's Efforts to Expand the International Use of the Renminbi Eswar Prasad, Cornell University and Brookings Institution [Presentation ]Discussant: Federico Mandelman, Federal Reserve Bank of Atlanta [Presentation ] |
| 2:50 | Structural Adjustments and International Trade: Theory and Evidence from China  Hanwei Huang, London School of Economics, Jiandong Ju, Shanghai University of Finance and Economics and Tsinghua University, and Vivian Yue, Emory University [Presentation ]Discussant: Xiaodong Zhu, University of Toronto [Presentation ] |
| 3:40 | Break |
| 4:00 | Capital Controls and Optimal Chinese Monetary Policy Chun Chang, Shanghai Advanced Institute of Technology, Zheng Liu, Federal Reserve Bank of San Francisco, and Mark Spiegel, Federal Reserve Bank of San Francisco [Presentation ]Discussant: Jonathan D. Ostry, International Monetary Fund [Presentation ] |
| 4:50 | Open floor for general discussion |
| Friday, April 29 | |
| 8:00 a.m. | Continental breakfast |
| Session 3: Inequality Session Chair: Kaiji Chen, Emory University |
|
| 8:30 | Offshoring and Wage Inequality: Theory and Evidence from China Liugang Sheng, Chinese University of Hong Kong, and Dennis Tao Yang, University of Virginia [Presentation ]Discussant: David Dollar, Brookings Institution |
| 9:20 | Investing Like China Chong-En Bai, Tsinghua University, Qing Liu, Tsinghua University, and Wen Yao, Tsinghua University [Presentation ]Discussant: Hui He, International Monetary Fund [Presentation ] |
| 10:10 | Break |
| Session 4: Financial and housing markets | |
| 10:30 | The Rise of China's Shadow Banking System Kinda Hachem, University of Chicago Booth School of Business, and Zheng Michael Song, Chinese University of Hong Kong [Presentation ]Discussant: Laura Kodres, International Monetary Fund [Presentation ] |
| 11:20 | Demystifying the Chinese Housing Boom Hanming Fang, University of Pennsylvania, Quanlin Gu, Peking University, Wei Xiong, Princeton University, and Li-An Zhou, Peking University [Presentation ]Discussant: Bin Wei, Federal Reserve Bank of Atlanta [Presentation ] |
| 12:10 p.m. | Open floor for general discussion, for sessions 3 and 4 |
| 12:40 | Adjournment |