The Seventeenth NBER-CCER Conference on China and the World Economy


Time: June 16-June 19, 2015

Venue: CCER, Peking University


June 16 (Tuesday)

2:30 pm Participants staying at the Grand Hyatt meet in the lobby for CCER transportation to the Lakeview Hotel

6:30pm NBER participants and companions meet in the hotel lobby

7:00pm Reception at the CCER


June 17 (Wednesday)

8:45 - 8:50am: Opening remarks

Yang Yao (CCER), James Poterba (MIT and NBER), Chong-En Bai (Tsinghua)

8:50 - 9:50am: Energy and Environment (I)

Chair: Yang Yao (CCER)

Mar Reguant (Stanford and NBER): Wind Uncertainty in Electricity Markets: Practical Challenges

Min Wang (CCER): Are Renewable Energy Policies Climate Friendly? The Role of Capacity Constraints and Market Power

9:50 - 10:15am:  Group photo and Coffee/tea break

10:15am - 11:15am: Energy and Environment (II)

Chair:  James Poterba (MIT and NBER)

James Bushnell (UC Davis and NBER): Emission Uncertainty and Cap and Trade Market Design

Hua Wang (World Bank and China EPA): Economic Cost of Environmental Pollution in China

11:15 - 11:30 coffee break

11:30 - 12:30: Development and Growth

Chair: Justin Lin (CCER)

Shang-Jin Wei (Asian Development Bank and NBER): Inferring the unofficial income of the officials: with an application to China

Jinfeng Luo (Tsinghua) and Yi Wen (Tsinghua): Institutions Do Not Rule: Reassessing the Driving Forces of Economic Development

12:30 - 1:30 pm: Lunch

1:30 - 2:30 pm Trade

Chair: Martin Zimmerman (Michigan and NBER)

Kalina Manova (Stanford and NBER): China’s International Trade: Finance, Quality and Global Value Chains

Miaojie Yu (CCER): Distribution Outward FDI and Firm Heterogeneity: Evidence from Chinese Firms

2:30 - 2:45 pm Coffee/tea break

2:45 - 4:15 pm: Labor I

Chair: Shang-Jin Wei (ADB, Columbia and NBER)

Till von Wachter (UCLA and NBER): Recessions and Trends in Employment and Labor Force Participation 

Xiaoyan Lei (CCER): The Great Expectations: Impact of One-Child Policy on Education of Girls

Gordon Liu (CCER): Fertility Transition in China: Does the One-Child Policy Matter?

4:15 - 4:30 pm Coffee/tea break

4:30 - 5:30 pm Labor II

Chair: Eric Hanushek (Stanford and NBER)

Kathryn Shaw (Stanford and NBER): The Effectiveness of Human Resources Management Practices: Evidence from Insider Econometrics  

Dandan Zhang (CCER): Stealing Your Way to My Heart: China's One Child Policy, Marriage Markets and Crime

Wouter Dessein (Columbia), Managerial Style and Attention

7:00 pm:  Dinner hosted by the CCER

Keynote speech (TBC)

Chair:  Yang Yao (NSD Peking University)

June 18 (Thursday)

8:30 – 9:30 am: Education


Chair: Joseph Gyourko (University of Pennsylvania and NBER)

Eric Hanushek (Stanford and NBER): Minimal Skills, Knowledge Capital, and Economic Growth

Binzhen Wu and Xiaohan Zhong (Tsinghua): Mismatch in China’s College Admission

9:30 - 9:45am Coffee/tea break

9:45 - 11:15am: Industrial organization and regional economics

Chair: Kathryn Shaw (Stanford and NBER)

Wei Xiong (Princeton and NBER): Demystifying the Chinese Housing Market

Joseph Gyourko (University of Pennsylvania and NBER): Real Estate Market in China

Xiaobo Zhang (CCER): E-commerce Development in China

11:15 - 12:00pm: Lunch

Afternoon: Trip to the Great Wall (Simatai)

Bus leaves from Lakeview Hotel at 12:30 pm.

Casual dinner at/near the Great Wall

June 19 (Friday)

8:45am NBER participants check out the Lakeview Hotel (optional)

9:00 - 10:30am: Public Finance

Chair: Chong-en Bai (Tsinghua)

James Poterba (MIT and NBER): Drawdown Patterns in Tax-Favored Retirement Saving Accounts

Fan Zhang (CCER): The Credit Risk of China’s Local Government Debt

Kevin Milligan (UBC and NBER): Work Capacity of Older Workers: Canada and the United States

10:30 – 11:00am Coffee/tea break

11:00 – 12:30am: International Economics

Chair: Xiaobo Zhang (CCER)

Michael Devereux (UBC and NBER): Exchange Rate Pass Through, Currency of Invoicing, and Mar ket Share

Jianguo Xu (CCER): Capital Account Liberalization and Economic Growth revisited: Different what?

Meixin Guo and Lin Lu (Tsinghua): Trade Costs and Income Inequality in China

12:30 - 1:30pm: Concluding remarks and Lunch (Open to Alumni)

1:30pm: Adjourn

1:30pm Bus leaves from the CCER for Lakeview Hotel (or for Grand Hyatt)

Other information:

Emergency contact:

CCER contact persons:

Prof. Xiaobo Zhang: 1355-222-8062 (cell), 6275-8563 (office)

Ms. Tiechang Gao: +(86)-1391-199-6273, +(86)-6276-6005 (office)

NBER contact person:

Prof. Shang-Jin Wei: (NY) (212) 854-9139, (China cell): 1580-1700-315

Lakeview Hotel

Address: No.127, Zhongguancun North Road, Haidian District, Beijing


Phone: (010) 8268-9999   Fax: (010) 8268-9998

Program Committee: Xiaobo Zhang (CCER), Chong-En Bai (Tsinghua), and Shang-Jin Wei (NBER)