Tsinghua Workshop in Macroeconomics 2019

June 17 - 19, Tsinghua University, Beijing, China

TWMacro 2016

Tsinghua Workshop in Macroeconomics 2016

June 17 - 19, 2016

SEM, Tsinghua University, Beijing, China

Venue: Room 418, Shunde Building

Keynote Speakers: Samuel S. Kortum and Randall Wright

Fiday, June 17
8:20-8:40 Registration
8:40-8:45 Opening Remark

Morning session:

8:45-9:45 Ayse Imrohoroglu (University of Southern California), Kai Zhao (University of Connecticut):

"The Chinese Savings Rate: Productivity, Old-Age Support, and Demographics"

9:45-10:45 Ryan Monarch (Federal Reserve Board of Governors):

"It's Not You, It's Me’: Breakups in U.S.-China Trade Relationships"

10:45-11:00 Coffee Break

11:00-12:00 Keynote Speech by Samuel Kortum (Yale):

 "Obstfeld and Rogoff’s International Macro Puzzles: A Quantitative Assessment"

by Jonathan Eaton (Penn State), Samuel Kortum (Yale), Brent Neiman (Chicago Booth)

12:00-1:30 Lunch

Afternoon session:

1:30-2:30 Feng Dong (Shanghai Jiao Tong University), Pengfei Wang (HKUST),

Yi Wen (Federal Reserve Bank of St. Louis):

  "A Searched-Based Framework of Capital Reallocation"

2:30-3:30 Margarida Duarte (University of Toronto), Diego Restuccia (University of Toronto):

"Relative Prices and Sectoral Productivity"

3:30-3:45 Coffee Break

3:45-4:45 Randall Wright (University of Wisconsin),Yu Zhu (Bank of Canada):

"Housing Price Rigidity"

6:00-8:00 Conference Dinner

Saturday, June 18
Morning session:

8:45-9:45 Zachary Bethune (University of Virginia):

"Consumer Credit, Unemployment, and Aggregate Labor Market Dynamics"

9:45-10:45 Wei Cui (University College London):

"Monetary-fiscal Interactions with Endogenous Liquidity Frictions"

10:45-11:00 Coffee Break

11:00-12:00 Keynote Speech by Randall Wright (University of Wisconsin) :

 "Costly Credit and Sticky Prices"

by Randall Wright (University of Wisconsin)

12:00-1:30 Lunch

Afternoon session:

1:30-2:30 Tasso Adamopoulos (York University), Loren Brandt (University of Toronto),

Jessica Leight (Williams College), Diego Restuccia (University of Toronto):

  "Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China"

2:30-3:30 Berthold Herrendorf (Arizona State University), Akos Valentinyi (Cardiff Business School):

“Endogenous Sector-Biased Technological Change and Industrial Policy”

3:30-4:00 Coffee Break

3:45-4:45 Gabriel Chodorow-Reich (Harvard), Johannes Wieland (UCSD):

"Secular Labor Reallocation and Business Cycles"

Sunday, June 19
Morning session:

8:45-9:45 Diego Anzoategui (New York Univesity), Diego Comin (Dartmouth),

Mark Gertler (New York University):

   "Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence"

9:45-10:45 Ryan Kim (Columbia):

"Price-Cost Markup Cyclicality: New Evidence and Implications"

10:45-11:00 Coffee Break

11:00-12:00 Valerie A. Ramey (UCSD):

"Macroeconomic Shocks and their Propagation"

12:00-1:30 Lunch