9:00-9:15 Registration
9:15-10:00: Jianhuan Xu (New York University):
“Mergers and Acquisitions: Quantity vs Quality and Aggregate Implications”
10:00-10:45: Yicheng Wang (University of Rochester)
“Decentralized Labor Market, Credit within the Firm and Macroeconomic Implications”
10:45-11:00 Coffee Break
11:00-11:45: Jian Wang (Federal Reserve Bank of Dallas), Xiao Wang (University of North Dakota), Shang-Jin Wei (Tsinghua and Columbia University)
“FDI and Firm Productivity: The Role of Financial Constraints”
11:45-12:30: Jie Chen (SHUFE), Kevin X.D. Huang (Vanderbilt University), Zhe Li (SHUFE), Jianfei Sun (SHJT University):
“Financial Conditions and Slow Recovery”
12:30-14:00 Lunch
14:00-14:45: Yun Liu (HKUST), Pengfei Wang (HKUST):
“Household and Business Investment Dynamics in a Demand Rigidity RBC Model”
14:45-15:30: Li Li (University of Toronto):
“Sovereign Defaults and Interest Rate Spread in the Presence of Self-Control Problems”
15:30-15:45 Coffee Break
15:45-16:30: Liang Wang (University of Hawaii Manoa), Fang Yao (Reserve Bank of New Zealand)
“Can Sale Price Adjustments Affect the Neutrality of Money?”
16:30-17:15: Kyoung Jin Choi (University of Calgary), Hyeng Keun Koo (Ajou University),
Byung Hwa Lim (Korea Economic Research Institute), Jane Yoo (Ajou University):
“Can the Endogenous Credit Constraint Explain the Heterogenous Investment Behavior?”