Conference on “Exchange Rates and Macroeconomic Policies: Recent Developments”
December 2-3, 2019
City University of Hong Kong, Hong Kong
Organized by Global Research Unit, Department of Economics & Finance, City University of Hong Kong, Center for Analytical Finance, University of California, Santa Cruz and Institute of Empirical Economic Research, Osnabrück University, Germany
Hosted by Global Research Unit at Department of Economics and Finance, City University of Hong Kong
Keynote Speakers
Price level targeting with evolving credibility [Presentation Slides]
Seppo Honkapohja (Aalto University)
Inflation Targeting and Exchange Rate Stability in Asia: Should China Adopt Inflation Targeting? [Presentation Slides]
Takatoshi Ito (Columbia University)
Speakers
Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy? [Presentation Slides]
Jin Cao (Norges Bank), Valeriya Dinger (Osnabrück University)
Discussant - Yabin Wang (HKMA) [Discussion Slides]
Currency Portfolio of External Debt, Exchange Rate Cyclicality, and Consumption Volatility [Presentation Slides]
Eiji Fujii (Kwansei Gakuin University)
Discussant - Yao Amber LI (HKUST) [Discussion Slides]
Foreign-currency exposures and the financial channel of exchange rates: Eroding monetary policy autonomy? [Presentation Slides]
Georgios Georgiadis (European Central Bank), Feng Zhu (BIS)
Discussant - Hui Cho-Hoi (HKMA) [Discussion Slides]
Shocks and Exchange Rates in Small Open Economies [Presentation Slides]
Vito Cormun (Boston College), Pierre De Leo (University of Maryland)
Discussant - James Yetman (BIS) [Discussion Slides]
What drives the cross-country differences in Asset Price Responses to Capital Flows? The Case of Emerging Markets [Presentation Slides]
Charles Ka Yui Leung (City University of Hong Kong), Joe C. Y. Ng (City University of Hong Kong)
Discussant - Sharon X. Wu (HKMA) [Discussion Slides]
Tolerance of Flexibility: Foreign Exchange Intervention and Managed Floating Redux [Presentation Slides]
Dong Lu (Renmin University of China), Tian Xia (Nankai University), Hang Zhou (University of International Business and Economics)
Discussant - Shifu Jiang (HKMA) [Discussion Slides]
The Dollar and Emerging Market Economies: Financial Vulnerabilities Meet the International Trade System [Presentation Slides]
Samer F. Shousha (Federal Reserve Board)
Discussant - Vladyslav Sushko (BIS) [Discussion Slides]
Liquidity and Exchange Rates: An Empirical Investigation First Submission [Appendix] [Presentation Slides]
Charles Engel (University of Wisconsin), Steve Pak Yeung Wu (University of Wisconsin)
Discussant - Vikas Kakkar (City University of Hong Kong) [Discussion Slides]
Real Business Cycles in Emerging Economies: the Role of Interest Rates and Exchange Rates First Submission [Presentation Slides]
Sihao Chen (HKUST), Kang Shi (CUHK) and Juanyi Xu (HKUST)
Discussant - Sheng Liugang (CUHK) [Discussion Slides]
Asymmetric Co-movement of Asian Currencies with the Chinese Yuan Since Its Inclusion in the SDR [Presentation Slides]
Yangping Zhao (École Polytechnique de Montréal), Xiuhua Lu (Ocean University of China), Jakob De Haan (De Nederlandsche Bank)
Discussant - Matthew Yiu (AMRO) [Discussion Slides]
