December 3-4, 2018
City University of Hong Kong, Hong Kong
Organized by Global Research Unit, Department of Economics & Finance, City University of Hong Kong, Bank of Finland Institute for Economies in Transition (BOFIT), and Gabelli School of Business, Fordham University
Hosted by Global Research Unit at Department of Economics and Finance, City University of Hong Kong
Keynote Speakers
Some Observations on the Evolution of the RMB Currency Regime in Recent Years
Guobo Huang (CNIC Corporation Ltd and Tsinghua University) [Presentation Slides, please email GRU]
The Chinese Economy in the New Era
Lawrence J. Lau (Chinese University of Hong Kong) [Presentation slides]
Coexisting with China in the 21st century
Gérard Roland (University of California at Berkeley) [Presentation Slides]
An Unhealthy Trade Surplus?
Shang-Jin Wei (Columbia University) [Presentation Slides, please email GRU]
Speakers
China's Monetary Policy and the Loan Market: How Strong is the Credit Channel in China?
Maximilian Breitenlechner (University of Innsbruck), Riikka Nuutilainen (Bank of Finland)
Discussant - Gaofeng Han (HKIMR) [Discussion Slides, please email GRU]
Truths and Myths about the RMB Misalignment: A Meta-Analysis
Yin-Wong Cheung (City University of Hong Kong), Shi He (City University of Hong Kong)
Discussant - Iikka Korhonen (Bank of Finland) [Discussion Slides, please email GRU]
Corporate Reputation in Debt Market: Evidence from Lawsuits
Xian Gu (Central University of Finance and Economics), Iftekhar Hasan (Fordham University, Bank of Finland, and University of Sydney), Haitian Lu (The Hong Kong Polytechnic University)
Discussant - Matthew Yiu (AMRO) [Discussion Slides]
Trade fear behind the image of the Belt and Road Initiative: A Big data analysis [Presentation Slides]
Alicia Garcia Herrero (HKUST, Natixis), Jianwei Xu (Beijing Normal University)
Discussant - Lev Ratnovski (European Central Bank) [Discussion Slides, please email GRU]
Can Consumption Growth in China Keep Up As Investment Slows?
Mali Chivakul (ECB, IMF), Bernhard Kassner (Ludwig-Maximilians-Universität München)
Discussant - David Cook (HKUST) [Discussion Slides, please email GRU]
In search of fluctuations: Another look at China’s incredibly stable GDP growth [Presentation Slides]
Eeva Kerola (Bank of Finland)
Discussant - Carlsten Holz (HKUST) [Discussion Slides]
Role of internally financed capex in rising Chinese corporate debts [Presentation Slides]
Guonan Ma (ESSCA), Jinzhao Chen (ESSCA)
Discussant - Yabin Wang (HKMA) [Discussion Slides, please email GRU]
Monetary Rules and Policy Targets under Managed Exchange Rates and Capital Controls: Lessons from China
Hongyi Chen (HKMA), Paul D. McNelis (Fordham)
Discussant - James Yetman (BIS) [Discussion Slides, please email GRU]
Real exchange rates and manufacturing industry in China [Presentation Slides]
Hua Ping (Université d'Auvergne, CNRS, IRD, CERDI)
Discussant - Sung Yun-Wing (CUHK) [Discussion Slides]
Credit and Fiscal Multipliers in China [Presentation Slides]
Sophia Chen (IMF), Lev Ratnovski (European Central Bank), Pi-Han Tsai (Zhejiang University)
Discussant - Liu Sibo (Lingnan) [Discussion Slides]
Rise of Bank Competition Evidence from Banking Deregulation in China
Haoyu Gao (Central University of Finance and Economics), Hong Ru (Nanyang Technological University), Robert M. Townsend (MIT), Xiaoguang Yang (Chinese Academy of Sciences)
Discussant - Zuzana Fungáčová (Bank of Finland) [Discussion Slides, please email GRU]
Chinese Exchange Rate Policy: Lessons for global investors
Michael Melvin (UCSD), Frank Westermann (Osnabrueck University)
Discussant - James Yetman (BIS) [Discussion Slides, please email GRU]
