Hong Kong Institute for Monetary Research (HKIMR)
Fifth Annual International Conference on the Chinese Economy
“Price Reforms and Factor Markets Liberalisation in the Chinese Economy”
16 January 2014 (Thursday) - 17 January 2014 (Friday)
Room 5608 (Aduitorium), 56/F, Two International Finance Centre, 8 Finance Street, Central
Programme
| Day 1 |
Thursday, 16 January 2014
|
| 8:45 - 9:15 |
Registration and Coffee
|
| 9:15 - 9:30 |
Opening Remarks
Dong He (Executive Director (Research) of Hong Kong Monetary Authority and Director of Hong Kong Institute for Monetary Research)
|
| Session 1 |
Chair: Edward Chen (The University of Hong Kong)
|
| 9:30 – 10:20 |
Measuring Bank Competition in China: A Comparison of New Versus Conventional Approaches Applied to Loan Markets
Bing Xu (Universidad Carlos III de Madrid)
Adrian van Rixtel* (Bank for International Settlements)
Michiel van Leuvensteijn (APG)
Discussant: Chun-Yu Ho (Shanghai Jiao Tong University)
|
| 10:20 – 10:50 |
Coffee Break
|
| 10:50 – 11:40 |
Interest Rate Determination in China: Past, Present and Future
Dong He (HKMA and HKIMR)
Honglin Wang* (HKIMR)
Xiangrong Yu* (HKIMR)
Discussant: Steven Barnett (International Monetary Fund)
|
| 11:40 – 12:30 |
A Model of Chinese Capital Account Liberalisation
Dong He (HKMA and HKIMR)
Paul Luk* (HKIMR)
Discussant: James Yetman (Bank for International Settlements)
|
| 12:30 – 14:00 |
Lunch
|
| Session 2 |
Chair: Hongyi Chen (HKIMR)
|
| 14:00 - 14:50 |
Learning from a Puzzle: When Can Stronger Labor Protection Improve Productivity?
Lin Ji (Tsinghua University)
Shang-Jin Wei* (Columbia University)
Discussant: Richard Herd (OECD)
|
| 14:50 – 15:40 |
Labor Regulation and Manufacturing Employment in China
John Giles (World Bank)
Albert Park* (Hong Kong University of Science and Technology)
Yang Du (Chinese Academy of Social Sciences)
Discussant: Zhigang Tao (The University of Hong Kong)
|
| 15:40 – 16:10 |
Coffee Break
|
| Session 3 |
Chair: Frank Packer (Bank for International Settlements)
|
| 16:10 – 17:00 |
Productivity as if Space Mattered: An Application to Factor Markets across China
Wenya Cheng* (London School of Economics)
John Morrow (Centre for Economic Performance, LSE)
Kitjawat Tacharoen (Centre for Economic Performance, LSE)
Discussant: Kang Shi (The Chinese University of Hong Kong)
|
| 17:00 – 17:50 |
China’s Economic Transition and the Value of Firms’ Political Connections: A Longitudinal Study of Publicly Listed Firms
Heather A. Haveman* (University of California, Berkeley)
Nan Jia (University of Southern California)
Jing Shi (Australian National University)
Yongxiang Wang (University of Southern California)
Discussant: Joshua Felman (International Monetary Fund)
|
| 18:30 – 20:30 |
Conference Dinner (By invitation only)
|
| Day 2 |
Friday, 17 January 2014
|
| 8:45 – 9:15 |
Registration and Coffee
|
| 9:15 – 10:05 |
Keynote Speech: Grasp the Large, Let Go of the Small: The Transformation of the State Sector in China
Zheng Michael Song (University of Chicago)
|
| Session 4 |
Chair: Yin-Wong Cheung (City University of Hong Kong)
|
| 10:05 – 10:55 |
"One Currency, Two Markets" and the Renminbi’s Growing Influence in Asia-Pacific
Chang Shu* (Bank for International Settlements)
Dong He (HKMA and HKIMR)
Xiaoqiang Cheng (HKMA)
Discussant: Shang-Jin Wei (Columbia University)
|
| 10:55 – 11:25 |
Coffee Break
|
| 11:25 – 12:30 |
Panel Discussion: Reform Implementation and Macroeconomic Consequences
|
|
Panellists:
Steven Barnett (International Monetary Fund)
Zheng Michael Song (University of Chicago)
Tao Wang (UBS)
Shang-Jin Wei (Columbia University)
|
| 12:30 – 14:00 |
Lunch
- End of Conference -
|
| * : presenter |
|