Hong Kong Institute for Monetary Research (HKIMR)

First Annual International Conference on the Chinese Economy : "China and the Global Economy: Macro, Trade and Financial Linkages"

 

11 January 2010 (Monday) - 12 January 2010 (Tuesday)

 

 

Monday 11 January
8:30 - 9:00 Registration
Session 1 Chair: Dong He (HKMA and HKIMR)
9:00 - 9:30 Opening Remarks by Professor Robert Mundell
9:30 – 10:20 Life Cycle Earnings and the Household Saving Puzzle in a Fast-Growing Economy
by Zheng Michael Song from Fudan University and Dennis Tao Yang from The Chinese University of Hong Kong

con_paper_0_651_p1-_-dennis-michael.pdf
10:20 – 10:50 Coffee Break
10:50 – 11:40 Income Inequality, Social Status, and Household Saving and Consumption in China
11:40 – 13:40 Keynote Speech: Some Myths about the Chinese Economy
by Professor Lawrence J. Lau from The Chinese University of Hong Kong

con_paper_0_654_4-laurance-lau.pdf
Session 2 Chair: Li Cui (HKMA)
13:40 - 14:30 Asia’s Vertical Trade Integration, Exchange Rate, and China's Export Dynamics
by Zhiwei Zhang from Hong Kong Monetary Authority

con_paper_0_658_p4-_-zhiwei-zhang.pdf
14:30 - 15:20 Are Chinese Exports Sensitive to Changes in the Exchange Rate?
by Shaghil Ahmed from Board of Governors of the Federal Reserve System

con_paper_0_661_p5-_-shaghil-ahme.pdf
15:20 - 15:50 Coffee Break
15:50 - 16:40 Real Exchange Rate Undervaluation: Static Losses, Dynamic Gains

by Anton Korinek from University of Maryland
Tuesday 12 January
Session 3 Chair: Hongyi Chen (HKIMR)
9:00 – 9:50 The Sexual Foundations of Economic Growth: Evidence from China
by Shang-Jin Wei from Columbia University

con_paper_0_665_p6_shang-jin-weiupdate.pdf
9:50 - 10:20 Coffee Break
10:20 – 11:10 Productivity Spillovers from Foreign Direct Investment: Evidence from Firm-Level Data in China
by Yu Sheng from Australia National University

con_paper_0_667_p7_yu-sheng.pdf
11:10 – 12:00 Intra-national Consumption Risk Sharing in China
by Wai-Yip Alex Ho from Hong Kong Monetary Authority

con_paper_0_668_p8_hkma_alex_cityrs_text.pdf
12:00 – 14:00 Luncheon Speech: The Chinese Approach to Capital Account Liberalization: What Do We Learn from Renminbi Banking in Hong Kong?
by Dong He from HKMA and HKIMR

con_paper_0_669_11-dong-he-_-for-circulation.pdf
Session 4 Chair: Shang-Jin Wei (Columbia University)
14:00 – 14:50 China’s Industrial Structure and its Changes in Recent Years: An Analysis of the 1997–2005 Input-Output Tables
by Satoko Ueyama from Bank of Japan

con_paper_0_671_p9_satoko-ueyama.pdf
14:50 – 16:20 Panel Discussion: How Should We Think About the Chinese Economy?

Panelists:
Andrew Filardo from Bank for International Settlements
Louis Kuijs from World Bank
Wensheng Peng from Barclays Capital
Eswar Prasad from Cornell University and Brookings Institution