Hong Kong Institute for Monetary Research (HKIMR)

Seventh HKIMR Summer Workshop

 

26 August 2009 (Wednesday)

 

 

08:30 - 09:00 Registration and Welcoming coffee
09:00 - 09:50 Financial deleveraging and the international transmission of shocks
by Michael Devereux, University of British Columbia

Discussant: Dong He, Hong Kong Institute for Monetary Research

con_paper_0_585_1-michael_financial-deleveraging-and-intl-transmission-final.pdf
09:50 - 10:40 How Does the US Credit Crisis Affect the Asia-Pacific Economies? - Analysis based on a General Equilibrium Model
by Wenlang Zhang, Hong Kong Monetary Authority

Discussant: Kang Shi, The Chinese University of Hong Kong

con_paper_0_587_2-wenlang_final_wp12_2009.pdf
10:40 – 11:00 Coffee Break
11:00 - 11:50 Liquidity, Runs, and Security Design: Lessons from the Collapse of the Auction Rate Municipal Bond Market
by Song Han, Federal Reserve Board

Discussant : Wei Liao, Hong Kong Institute for Monetary Research

con_paper_0_590_3-song_ars.pdf
11:50 – 12:40 Liquidity, Risk Appetitie and Exchange Rate Movements during the Financial Crisis of 2007-2009
By Cho-hoi Hui, Hong Kong Monetary Authority

Discussant : Ilhyock Shim, Bank for International Settlements

con_paper_0_592_4-chohoi_fx_crisis_v2.pdf