| 10 October 2011 (Monday) |
|
| 9:15 – 9:30 |
Welcoming Coffee
|
| 9:30 – 10:00 |
Welcome Remarks
Dong He, Executive Director, Hong Kong Monetary Authority and Director, Hong
Kong Institute for Monetary Research
Vivek Arora, Assistant Director, Asia & Pacific Department of International Monetary
Fund
|
| Session 1 |
Session Chair : Dong He
|
| 10:00 – 10:50 |
Rapid Credit Growth and International Credit: Challenges to Asia
Patrick McGuire, Bank for International Settlements
Stefan Avdjiev, Bank for International Settlements
Robert McCauley, Bank for International Settlements
Discussant: Roberto Cardarelli, International Monetary Fund
|
| 10:50 – 11:40 |
Rapid Credit Growth: Boon or Boom-Bust?
Selim Elekdag, International Monetary Fund
Yiqun Wu, International Monetary Fund
Discussant: Andrew Filardo, Bank for International Settlements
|
| 11:40 – 12:10 |
Coffee Break
|
| 12:10 – 13:00 |
The Impact of Central Bank Balance Sheet Policies on the Emerging Economies
Qianying Chen, Hong Kong Institute for Monetary Research
Andrew Filardo, Bank for International Settlements
Dong He, Hong Kong Monetary Authority
Feng Zhu, Bank for International Settlements
Discussant: Shinobu Nakagawa, Bank of Japan
|
| 13:00 – 14:30 |
Lunch
|
| Session 2 |
Session Chair : Vivek Arora
|
| 14:30 – 15:20 |
Bubble Thy Neighbor: Direct and Spillover Effects of Capital Controls
Roland Straub, European Central Bank
Kristin Forbes, Massachusetts Institute of Technology
Marcel Fratzscher, European Central Bank
Thomas Kostka, European Central Bank
Discussant: Iikka Korhonen, Bank of Finland
|
| 15:20 – 16:10 |
Multinational Banking and Financial Contagion: Evidence from Foreign Bank Subsidiaries in Emerging Economies
Bang Nam Jeon, Drexel University
María Pía Olivero, Drexel University
Ji Wu, Penn State Harrisburg
Discussant: R. Sean Craig, International Monetary Fund
|
| 16:10 – 16:40 |
Coffee Break
|
| 16:40 – 17:30 |
The Cross-Section of Country News, Deep Decoupling, and Global Business Cycles
Wei Liao, Hong Kong Institute for Monetary Research
Mathias Hoffmann, University of Zurich
Discussant: Peter Tillmann, Justus-Liebig-University Giessen
|
| 18:00 |
Dinner [By Invitation]
|
| 11 October 2011 (Tuesday) |
|
| 9:00 – 9:15 |
Morning Coffee
|
| Session 3 |
Session Chair : Roberto Cardarelli
|
| 9:15 – 10:05 |
Challenges to Monetary Operations in a Small Inflation-Targeting Economy: Living with Foreign Exchange Flows
Siripim Vimolchalao, Bank of Thailand
Runchana Pongsaparn, Bank of Thailand
Sukjai Wongwaisiriwat, Bank of Thailand
Pimolrat Chotewattanakul, Bank of Thailand
Discussant: Andre Meier, International Monetary Fund
|
| 10:05 – 10:55 |
How to Deal with Real Estate Booms: Lessons from Country Experiences
Giovanni Dell'Ariccia, International Monetary Fund
Christopher Crowe, International Monetary Fund
Deniz Igan, International Monetary Fund
Paul Rabanal, International Monetary Fund
Discussant: Man-Keung Tang, Hong Kong Monetary Authority
|
| 10:55 – 11:25 |
Coffee Break
|
| 11:25 – 12:15 |
ASEAN5 Bond Market Development: Where Does It Stand? Where Is It Going?
Joshua Felman, International Monetary Fund
Discussant: Paul Mizen, University of Nottingham
|
| 12:45 – 14:15 |
Lunch [By Invitation]
|