Monday, July 1
8:50-9:00 Welcoming remark
Morning session chair: Yuan Xu (Tsinghua University)
9:00-10:00 Sophie Osotimehin (University of Virginia):
"Aggregate productivity and the allocation of resources over the business cycle"
10:00-11:00 Olivier Jeanne (Johns Hopkins University), Anton Korinek (University of Maryland):
"Macroprudential Regulation Versus Mopping Up After the Crash"
11:00-11:15 Coffee Break
11:15-12:15 Keynote Speech by Hugo Hopenhayn (UCLA):
On the Measure of Distortions
Afternoon session chair: Bing Li (Tsinghua University)
1:45-2:45 German Cubas (Central Bank of Uruguay), Pedro Silos (Federal Reserve Bank of Atlanta):
"Comparative Advantage and Risk Premia in Labor Markets"
2:45-3:45 Chong-En Bai (Tsinghua), Qi Li (Tsinghua and Texas A&M), Min Ouyang (Tsinghua):
“Property Taxes and Home Prices: A Tale of Two Cities”
3:45-4:00 Coffee Break
4:00-5:00 Sylvain Leduc, Zheng Liu (Federal Reserve Bank of San Francisco):
"Uncertainty Shocks Are Aggregate Demand Shocks"
6:00 Conference Dinner
Tuesday, July 2
Morning session chair: Qing Liu(Tsinghua University)
8:45-9:45 Robert King (Boston), Yang Lu (HKUST), Ernesto Pasten (Toulouse and Banco Central de Chile):
"Policy design with private sector skepticism in the textbook New Keynesian model"
9:45-10:45 Simon Alder (Zurich), Lin Shao (Washington University in St. Louis), Fabrizio Zilibotti (Zurich):
"The Effect of Economic Reform and Industrial Policy in a Panel of Chinese Cities"
10:45-11:00 Coffee Break
11:00-12:00 Keynote Speech by José-Víctor Ríos-Rull (University of Minnesota):
A New View of Cyclical Movements in Productivity
Afternoon session chair: Wen Yao (Tsinghua University)
1:15-2:15 Hui He (SHUFE), Kevin X.D. Huang (Vanderbilt):
"Why Do Americans Spend So Much More on Health Care than Europeans? --A General Equilibrium Macroeconomic Analysis"
2:15-3:15 Nicolae Garleanu (UC Berkeley)，Stavros Panageas (Chicago), Jianfeng Yu (Minnesota):
"Financial Entanglement: A Theory of Incomplete Integration, Leverage, Crashes, and Contagion"
3:15-3:30 Coffee Break
3:30-4:30 Julian di Giovanni (IMF), Andrei A. Levchenko (Michigan and NBER), Jing Zhang (Michigan):
“The Global Welfare Impact of China: Trade Integration and Technological Change”
4:30-5:30 Kaiji Chen (Emory), Yi Wen (Tsinghua & Federal Reserve Bank of St. Louis):
“The Great Chinese Housing Boom: Causes, Consequences, and Future Paths”
Wednesday, July 3
Morning session chair: Xue Qiao (Tsinghua University)
8:45-9:45 Thomas Sampson (LSE & CEP):
"Dynamic Selection and the New Gains from Trade with Heterogeneous Firms"
9:45-10:45 Weicheng Lian (Princeton):
"Long-Term Dynamics of Housing Price and Quantity"
10:45-11:00 Coffee Break
11:00-12:00 Todd Schoellman (Arizona State):
"Refugees and Early Childhood Human Capital"