The 7th Shanghai Macroeconomics Workshop
School of Economics & Institute for Advanced Research, SUFE
Key Laboratory of Mathematical Economics (SUFE), Ministry of Education

Room 511, Building of School of Economics
June 25-27, 2016, Program
June 25th

8:20-8:30 Opening remark: Dean Guoqiang Tian (SUFE)
Session 1. Labor market
8:30-9:30 Shouyong Shi (Pennsylvania State U.)
Efficient Job Upgrading, Search on the Job and Output Dispersion
9:30-9:45 break
9:45-10:45 Xiaodong Fan (UNSW), Chao He (SUFE)
Multi-market Simultaneous Search: Theory and Application
10:45-11:45 Stefano Banfi (Central Bank of Chile), Sekyu Choi (University of Bristol), Benjamin Villena-Roldan (University of Chile)
Sorting On-line and On-time
11:45-1:30 Lunch
Session 2. Firm Dynamics and Economic Transition
1:30-2:30pm Can Tian (SUFE)
Cyclical Patterns of Business Entry and Exit Dynamics in the US Economy
2:30-2:45pm break
2:45-3:45pm Dongya Koh (U. of Arkansas), Raul Santaeulalia-Llopis (Washington U. in St. Louis), Yu Zheng (City U. of Hong Kong)
Labor Share Decline and Intellectual Property Products Capital
3:45-4:45pm Viktoria Hnatkovska (UBC) and Amartya Lahiri (UBC)
Urbanization, Structural Transformation and Rural-Urban Disparities in China and India
June 26th
Session 3. Economic Policies
8:30-9:30 Kevin Huang (Vanderbilt U.) and Nam Vu (Vanderbilt U. and Miami U.)
State Dependent Pricing under Forward Monetary Guidance with the Zero Lower Bound on Nominal Interest Rate: Implications for the Multiplier of Government Spending and Response in Consumption
9:30-9:45 break
9:45-10:45 Zhe Li (SUFE), Jianfe Sun (SJTU), and Tao Zhu (HKUST)
Fiscal and Monetary Policy Coordination and Independence
10:45-11:45 Dirk Krueger (U. of Pennsylvania), Kurt Mitman (Stockholm U.), Fabrizio Perri (Federal Reserve Bank of Minneapolis)
Macroeconomics and Household Heterogeneity
11:45-1:30 Lunch
Session 4. Welfare and Business Cycles
1:30-2:30pm Bo Hyun Chang (University of Rochester), Yongsung Chang (University of Rochester), Sun-Bin Kim (Yonsei University)
Pareto Weights in Practice: A Quantitative Analysis Across 32 OECD Countries
2:30-2:45pm break
2:45-3:45pm Myungkyu Shim (SUFE), Kwang Hwan Kim
Welfare Cost of Business Cycles in Multi-Sector Economy
3:45-4:45pm Gabriel Chodorow-Reich (Harvard University), Johannes Wieland (UC San Diego)
Secular Labor Reallocation and Business Cycles
June 27th
Session 5: Open economy
8:30-9:30am Rabah Arezki (IMF), Valerie A. Ramey (UC San Diego), and Liugang Sheng (CUHK)
News Shocks in Open Economies: Evidence from Giant Oil Discoveries
9:30-9:45am break
9:45-10:45am Jie Cai (SUFE), Nan Li and Ana Maria Santacreu
Knowledge Diffusion and Trade Across Countries and Sectors
10:45-11:45am Roberto Chang (Rutgers University) Andrés Fernándezz (Inter-American Development Bank) Adam Gulan (Bank of Finland)
Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy
11:45am-11:55am Closing remark: Executive Dean Guan Gong (SUFE)
12:00-1:30pm lunch


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