5th HKUST/Jinan Joint Macro Workshop | HKUST Department of Economics

Introduction

We are honored to host the 5th HKUST/Jinan Joint Macro Workshop, and we are extremely lucky to have 10 distinguished scholars present their research at this year’s workshop, which will be held online on August 11-12, 2022.

Confirmed Speakers (Alphabetical):

Marc Dordal Carreras	Hong Kong University of Science and Technology
Wei Cui	University College London
Pablo D'Erasmo	Federal Reserve Bank of Philadelphia
Zhen Huo	Yale University
Yang K. Lu	Hong Kong University of Science and Technology
Galo Nuño	Banco de España
Wei Qiao	Jinan University
Moritz Schularick	University of Bonn
Zijian Wang	Jinan University
Eric Young	University of Virginia

This exciting two-day workshop is jointly funded by Jinan University IESR and the Department of Economics of HKUST. The organizing committee for this year's workshop includes Marc Dordal Carreras (HKUST), Yunho Cho (Jinan), Jiajia Gu (Jinan), Chen Kan (Jinan), Byoungchan Lee (HKUST), Yang Lu (HKUST), and Zijian Wang (Jinan). For enquiry, please contact Yang Lu (yanglu@ust.hk).

We hope to see you in August!

Warm regards,

Byoungchan, Chen, Jiajia, Marc, Yang, Yunho and Zijian

Program Schedule

Day 1: August 11, 2022 (Thursday)

Session 1 (Chair: Chen Kan)
BST 8:00a - 9:00a CST 3:00p - 4:00p EDT 3:00a - 4:00a PDT 12:00a - 1:00a	Wei Qiao (Jinan)	An Anatomy of the Repo Market Crash
BST 9:15a - 10:15a CST 4:15p - 5:15p EDT 4:15a - 5:15a PDT 1:15a - 2:15a	Wei Cui (UCL)	“Endogenous Liquidity and Capital Reallocation,” joint with Randall Wright and Yu Zhu
Break
Keynote
BST 1:00p - 2:00p CST 8:00p - 9:00p EDT 8:00a - 9:00a PDT 5:00a - 6:00a	Eric Young (UVA)	“Regulating High-Cost Consumer Credit Markets”, with Zachary Bethune and Joaquin Saldain.
Session 2 (Chair: Yunho Cho)
BST 2:15p - 3:15p CST 9:15p - 10:15p EDT 9:15a - 10:15a PDT 6:15a - 7:15a	Pablo D'Erasmo (FRBP)	“Banking Regulation with Risk of Sovereign Default” joint with Igor Livshits and Koen Schoors
BST 3:30p - 4:30p CST 10:30p - 11:30p EDT 10:30a - 11:30p PDT 7:30a - 8:30a	Yang Lu (HKUST)	The Signaling Effects of Sovereign Borrowing (joint with Bowen Qu)

Day 2: August 12, 2022 (Friday)

Session: 3 (Chair: Jiaija Gu)
BST 8:00a - 9:00a CST 3:00p - 4:00p EDT 3:00a - 4:00a PDT 12:00a - 1:00a	Marc Dordal Carreras (HKUST)	"A Unified Theory of the Term-Structure and Monetary Stabilization" (with Seung Joo Lee)
BST 9:15a - 10:15a CST 4:15p - 5:15p EDT 4:15a - 5:15a PDT 1:15a - 2:15a	Galo Nuño (Banco de España)	"Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy" (with Beatriz Gonzalez, Dominik Thaler and Silvia Albrizio)
Break
Keynote
BST 1:00p - 2:00p CST 8:00p - 9:00p EDT 8:00a - 9:00a PDT 5:00a - 6:00a	Moritz Schularick (Bonn)	"The Anatomy of the Global Savings Glut"
Session 4 (Chair: Byoungchan Lee)
BST 2:15p - 3:15p CST 9:15p - 10:15p EDT 9:15a - 10:15a PDT 6:15a - 7:15a	Zhen Huo (Yale)	Information Frictions and News Media in Global Value Chains'', joint with Ha Bui, Andrei A. Levchenko and Nitya Pandalai-Nayar
BST 3:30p - 4:30p CST 10:30p - 11:30p EDT 10:30a - 11:30p PDT 7:30a - 8:30a	Zijian Wang (Jinan)	Rational Inattention, Financial Heterogeneity and Effectiveness of Monetary Policy

Organization Committee and Contacts

Chair and Contact Person

Yang Lu (yanglu@ust.hk)

Organizing Committee

Marc Dordal Carreras (HKUST)
Yunho Cho (Jinan)
Jiajia Gu (Jinan)
Chen Kan (Jinan)
Byoungchan Lee (HKUST)
Yang Lu (HKUST)
Zijian Wang (Jinan)

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