The 9th Shanghai Macroeconomics Workshop

June 17th – 19th, 2018

School of Economics & Institute for Advanced Research, SUFE

Key Laboratory of Mathematical Economics (SUFE), Ministry of Education

The 9th Shanghai Macroeconomics Workshop

June 17th – 19th, 2018



Program

June 17th

6:40pm

Welcome Dinner 怡福楼(Yi-Fu Restaurant

Meet in the lobby of Howard Johnson  Caida Hotel, 6:30pm


June 18th

8:20-8:30

Opening  remark: 
Kevin X.D. Huang (Vanderbilt U.)

 

Session 1.

Chair: Dan Liu (SUFE)

8:30-9:30am

Martin Uribe (Columbia University)
Multiple Equilibria in Open Economy Models with Collateral Constraints:  Overborrowing Revisited (with Stephanie Schmitt-Grohe)

9:30-9:45am

Break

9:45-10:45am

Kevin X.D. Huang (Vanderbilt U.)

Foreign Exchange Reserves as a Tool for Capital  Account Management in a Small Open Economy (with Scott Davis, Ippei Fujiwara,  and Jiao Wang)

10:45-11:45am

Wolfgang Keller (University of Colorado)

International Trade and Job Polarization  (with Hale Utar)

11:45am-1:30pm

Lunch


Session 2. (Parallel Session)

Chair: Zixi Liu (SUFE)

1:30-2:30pm

Francesco Zanetti (University of Oxford)
Search Complementarities, Aggregate Fluctuations and Fiscal Policy (with  Jesus Fernandez-Villaverde, Federico Mandelmann and Yang Yu)

2:30-3:30pm

Yoske Igarashi (Hokkaido Univeristy)

Financial Acceleration, Overborrowing  and Monetary Transmission (with Keqing Liu)

3:30-3:45pm

Break

3:45-4:45pm

Davide  Debortoli (Universitat Pompeu Fabra)

Monetary Policy with Heterogeneous  Agents: Insights from TANK models (with J. Galí)

4:45-5:45pm

Yang Lu  (HKUST)

Managing  Expectation in the New Keynesian Model (with Robert King) 

 

Session 3. Chinese  Session I (Parallel Session)

Chair: Youzhi Yang (SUFE)

1:30-2:30pm

Shi Li (Beijng Normal University)

Super Rich and Income Inequality in  China

2:30-3:30pm

Lei Ning (SUFE)

Income Inequality, Liquidity Constraints  and Household Consumption in China (with Kevin X.D. Huang)

3:30-3:45pm

Break

3:45-4:45pm

Ming Lu  (Shanghai Jiaotong University)

中国经济的症结是空间错配

The Crux of  the Chinese Economy is the Spatial Misallocation

4:45-5:45pm

Shenghao Zhu (UIBE)

CEO Compensation Distribution in a Continuous-time  Dynamic Contract Model


June 19th 
Session 4.

Chair: Qian Li (SUFE)

8:30-9:30am

Klaus Adam  (University of Mannheim)

Stock Price Cycles and Business Cycles  (with Sebastian Merkel)

9:30-9:45am

Break

9:45-10:45am

Shouyong Shi (Penn State University)

Should Buyers or Sellers Organize Trade  in a Frictional Market? (with A. Delacroix)

10:45-11:45am

Juan Carlos  Conesa (Stony Brook University)

Welfare Implications of Switching from Income  to Consumption Taxation (with Bo Li and Qian Li)

11:45am-1:30pm

Lunch


Session 5.  (Parallel Session)

Chair: Xiaowen Wang (SUFE)

1:30-2:30pm

Yulei Luo  (Hong Kong University)

Growth and Welfare Gains from Financial  Integration under Model Uncertainty (with Jun Nie and Eric Young) 

2:30-3:30pm

Youngsoo Jang (SUFE)

Is Household Heterogeneity Important for  Business Cycles? (with Takeki Sunakawa and Minchul Yum)

3:30-3:45pm

Break

3:45-4:45pm

Pei Kuang  (Birmingham Business School)
Potential Output Pessimism and Austerity in the European Union (with K.  Mitra) 

4:45-5:45pm

Zhe Li (SUFE)

Environmental Regulation and  Unemployment in a Two-Sector Model with Search Friction (with Pinjie Lyu and  Jianfei Sun)

 

 

Session 6. Chinese  Session II (Parallel Session)

Chair: Yuqin Wang (SUFE)

1:30-2:30pm

Zhigang Feng (University of Nebraska)

Imperfectly-Tradable Health and the  Provision of Employment-based Health Insurance

2:30-3:30pm

Dan Liu (SUFE)

Trade Liberalization and  Intergenerational Mobility: Evidence from China

3:30-3:45pm

Break

3:45-4:45pm

Yongqin Wang (Fudan  University)

TBA

4:45-5:45pm

Yibo Yang  (SUFE)

Quantifying the Role of Institutional  Reform in China’s Structural Change and Economic Growth-Past, Present and  Future (with Kevin X.D. Huang and Guoqiang Tian)

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