Globalization Institute Events
Conference on International Linkages in a Globalized World and Implications for Monetary Policy
June 21–22, 2012 Shanghai University of Finance and Economics
Sponsored by
Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas
Shanghai University of Finance and Economics
Shanghai Institute of Finance and Law
On June 21–22, 2012, the School of International Business Administration of Shanghai University of Finance and Economics (SHUFE) hosted a conference specifically devoted to the study on the impact of globalization on the transmission of shocks across countries and its implications on conducting monetary policy. The conference was jointly organized by the Globalization and Monetary Policy Institute of the Federal Reserve Bank of Dallas, Shanghai University of Finance and Economics, and Shanghai Institute of Finance and Law and will be held at the Shanghai University of Finance and Economics.
Organizing committee:
- Michael Devereux (University of British Columbia)
- Kevin Huang (Vanderbilt University)
- Yuying Jin (Shanghai University of Finance and Economics)
- Jian Wang (Federal Reserve Bank of Dallas)
- Mark Wynne (Federal Reserve Bank of Dallas)
Agenda
Thursday, June 21, 2012 | |
8:30 a.m. | Opening Remarks |
Mark Wynne Vice President and Senior Economist, Federal Reserve Bank of Dallas |
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Guofu Tan Dean, School of International Business Administration, SHUFE; Professor of Economics, University of Southern California |
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Weigang Fu Executive Director, Shanghai Institute of Finance and Law |
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Session I: International Trade, Offshoring and International Comovement |
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Session Chair: Mark Wynne Federal Reserve Bank of Dallas |
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8:45 a.m. | Antidumping in the Aggregate |
Kim Ruhl New York University, Stern School of Business |
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Discussion presentation Discussant: Kadee Russ UC Davis |
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9:45 a.m. | Factor Proportions and International Business Cycles Presentation |
Keyu Jin LSE Nan Li Ohio State University and IMF |
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Discussion presentation Discussant: Wei Liao Hong Kong Institute of Monetary Research |
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11:00 a.m. | Threatening to Offshore in a Search Model of the Labor Market Presentation |
David Arseneau Federal Reserve Board Sylvain Leduc Federal Reserve Bank of San Francisco |
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Discussion presentation Discussant: Bo Chen SHUFE |
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Session II: International Financial Linkages and Optimal Monetary Policy |
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Session Chair: Jian Wang Federal Reserve Bank of Dallas |
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1:30 p.m. | The Optimal Currency Area in a Liquidity Trap |
David Cook HKUST Mick Devereux UBC |
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Discussion presentation Discussant: Kevin Huang Vanderbilt University |
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2:30 p.m. | International Contagion Through Leveraged Financial Institutions Presentation |
Eric van Wincoop University of Virginia |
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Discussion presentation Discussant: Scott Davis Federal Reserve Bank of Dallas |
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3:45 p.m. | Exchange Rate Pass-through, Firm Heterogeneity and Product Quality |
Zhi Yu Shanghai University of Finance and Economics |
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Discussion presentation Discussant: Deokwoo Nam City University of Hong Kong |
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4:45 p.m. | Panel Discussion |
Benhua Wei Chairman, Liu Hongru Financial Education Foundation |
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Mark Wynne | |
6:30 p.m. | Dinner |
Friday, June 22, 2012 | |
Session III: Exchange Rates, Optimal Monetary Policy, and Chinese Economy |
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Session Chair: Benhua Wei Chairman, Liu Hongru Financial Education Foundation |
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9:00 a.m. | Global Interest Rates, Monetary Policy, and Currency Returns |
Charles Engel, Kennneth West and Mian Zhu University of Wisconsin-Madison |
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Discussion presentation Discussant: Shu Lin Fudan University |
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10:00 a.m. | Demographic Patterns and Household Saving in China Presentation |
Chadwick C. Curtis Notre Dame University Steven Lugauer Notre Dame University Nelson Mark Notre Dame University |
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Discussion presentation Discussant: Kang Shi Chinese University of Hong Kong |
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11:15 a.m. | A Model of China's State Capitalism Presentation |
Xi Li, Xuewen Liu and Yong Wang HKUST |
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Discussion presentation Discussant: Jian Wang |
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12:15 p.m. | Lunch and Adjourn |