The 8th Shanghai Macroeconomics Workshop

June 17th – 19th, 2017

School of Economics & Institute for Advanced Research, SUFE

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

The 8th Shanghai Macroeconomics Workshop

June 17th – 19th, 2017

Room 807, School of Economics, SUFE


June 17th

8:20-8:30 Opening remark:
Kevin X.D. Huang (Vanderbilt U.)
Session 1. Relocation and Productivity
8:30-9:30am Tasso Adamopoulos (York U.), Diego Restuccia (U. of Toronto)
Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data
9:30-9:45am break
9:45-10:45am Zhe Li (SUFE) and Yong Wang (Peking U.)
Mismatch and Industrial Dynamics
10:45-11:45am Hengjie Ai (U. of Minnesota), Kai Li (HKUST), and Fang Yang (Louisiana State U.)
Financial Intermediation and Capital Reallocation
11:45am-1:30pm Lunch

Session 2. Monetary and Fiscal Policies
1:30-2:30pm Cristina Arellano (Fed at Minneapolis), Yan Bai (U. of Rochester), and Luigi Bocola (Northwestern U.)
Sovereign Default Risk and Firm Heterogeneity
2:30-3:30pm Bill Dupor (Fed at St. Louis), Jingchao Li (East China U. of Science and Technology), and Rong Li (Remin U.)
Sticky Wages, Monetary Policy and Fiscal Policy Multipliers
3:30-3:45pm break
3:45-4:45pm Kevin Huang (Vanderbilt U.)
Can Balanced-Budget Fiscal Policies Be Stabilizing
4:45-5:45pm Qian Li (SUFE)
Dynamic Effects of Consumption Tax Reforms with Consumer Durables

June 18th
Session 3. Search and Unemployment
8:30-9:30am Yang Yu (SUFE)
Churning, Firm Inter-connectivity, and Labor Market Fluctuations
9:30-9:45am break
9:45-10:45am Xiaoming Cai (TongJi U.), Pieter Gautier (VU U.), Ronald Wolthoff (U. of Toronto)
Meetings and Mechanisms
10:45-11:45am Gaston R. Chaumont (Pennsylvania State U.), Shouyong Shi (Pennsylvania State U.)
Wealth Accumulation, On the Job Search and Inequality
11:45am-1:30pm Lunch

Session 4. Monetary policy and financial markets
1:30-2:30pm Chao Gu (U. of Missouri), Han Han (Peking U.) and Randall Wright (U. of Wisconsin)
The Effects of Monetary Policy and Other Announcements
2:30-2:45pm break
2:45-3:45pm Tiantian Dai (CUFE) and Chao He (SUFE)
Financial Frictions and Implementation of Monetary Policy
3:45-4:45pm David Andolfatto (Fed at St. Louis and Simon Fraser U.) and Ed Nosal (Fed at Chicago)
Bank Panics and Scale Economies

June 19th
Session 5. Debt, Asset pricing and information
8:30-9:30am Elisa Faraglia (U. of Cambridge), Albert Marcet (Barcelona GSE), Rigas Oikonomou (Universite Catholique de Louvain), and Andrew Scott (London Business School)
Government Debt Management: The Long and the Short of It
9:30-9:45am break
9:45-10:45am Renbin Zhang (Barcelona GSE) and Tongbin Zhang (Barcelona GSE and SUFE)
Understanding AH Premium in China Stock Market
10:45-11:45am Chris Edmond (U. of Melbourne) and Yang K. Lu (HKUST)
Information Manipulation and Social Coordination
11:45am-11:55am Closing remark:
Dean Guoqiang Tian (SUFE)
12:00-1:30pm lunch

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