
	Thursday, September 26
12:00 pm	Lunch Session I
12:30 pm	From Fog to Smog: The Value of Pollution Information Panle Jia Barwick, University of Wisconsin-Madison and NBER Shanjun Li, Cornell University and NBER Liguo Lin, Shanghai University of Finance and Economics Eric Zou, University of Michigan and NBER Discussant: Jessica Leight, International Food Policy Research Institute
1:30 pm	Trade Networks and Firm Value: Evidence from the US-China Trade War Yi Huang, Fudan University Chen Lin, University of Hong Kong Sibo Liu, Lingnan University Heiwai Tang, Hong Kong University Discussant: Davin Chor, Dartmouth College and NBER
2:30 pm	Break Session II
2:45 pm	Social Media, Information Networks, and Protests in China Bei Qin, Hong Kong Baptist University David Stromberg, Stockholm University Yanhui Wu, University of Hong Kong Discussant: David Y. Yang, Harvard University and NBER
3:45 pm	What Makes Local Governments More Accoutable? Evidence from a Website Reform (slides) Daniel Berkowitz, University of Pittsburgh Yi Lu, Tsinghua University Mingqin Wu, South China Normal University Discussant: Ruixue Jia, University of California, San Diego and NBER
4:45 pm	Break
5:00 pm	Keynote: Esther Duflo, MIT and NBER
6:00 pm	Adjourn
6:30 pm	Group Dinner at Bambara (across the street from the Royal Sonesta Hotel)
	Friday, September 27
8:30 am	Continental Breakfast Session III
9:00 am	Factions, Local Accountability, and Long-Term Development: Theory and Evidence Hanming Fang, University of Pennsylvania and NBER Linke Hou, Shandong University Mingxing Liu, Peikin University Lixin Colin Xu, The World Bank Pengfei Zhang, Peking University Discussant: Edoardo Teso, Northwestern University and NBER
10:00 am	Influence Activities and Bureaucratic Performance: Evidence from a Large-Scale Field Experiment in China (slides) Alain de Janvry, University of California, Berkeley Guojun He, University of Hong Kong Elisabeth Sadoulet, University of California, Berkeley Shaoda Wang, University of Chicago and NBER Qiong Zhang, Renmin University of China Discussant: Gerard Padró I Miquel, Yale University and NBER
11:00 am	Lunch Session IV
12:30 pm	Stock Pledged Loans, Capital Markets, and Firm Performance: The Good, the Bad and the Ugly Li Feng, Shanghai Jiao Tong University Jun Qian, Fudan University Haofei Wang, Shanghai Jiao Tong University Lei Zhu, Fudan University Discussant: Zhiguo He, Stanford University and NBER
1:30 pm	The Value of Institutional Research: Fund Managers and Monetary Policy Expectations in China (slides) John Ammer, Federal Reserve Board John Rogers, Fudan University Gang Wang, Shanghai University of Finance and Economics Yang Yu, Shanghai Jiao Tong University Discussant: Chunliu Yang, Fudan University
2:30 pm	Break
3:00 pm	Direct and Indirect Effects of Financial Access on SMEs (slides) Jing Cai, University of Maryland and NBER Adam Szeidl, Central European University Discussant: Benjamin N. Roth, Harvard University
4:00 pm	Capital Scarcity and Industrial Decline: Evidence from 172 Real Estate Booms in China (slides) Harald Hau, University of Geneva Difei Ouyang, University of Geneva Discussant: Yongheng Deng, Wisconsin School of Business
5:00 pm	Adjourn
	FORMAT 25 mins presenter 15 mins discussant 20 mins general discussion

Participants

Douglas Almond, Columbia University and NBER
John Ammer, Federal Reserve Board
Jie Bai, Harvard University and NBER
Panle Jia Barwick, University of Wisconsin-Madison and NBER
Daniel Berkowitz, University of Pittsburgh
Jing Cai, University of Maryland and NBER
Davin Chor, Dartmouth College and NBER
Yongheng Deng, Wisconsin School of Business
Esther Duflo, Massachusetts Institute of Technology and NBER
Hanming Fang, University of Pennsylvania and NBER
Zhanjun Gao, Harvard University
Harald Hau, University of Geneva
Zhiguo He, Stanford University and NBER
Yi Huang, Fudan University
Ruixue Jia, University of California, San Diego and NBER
Qian Jun, Fudan University
Jessica Leight, International Food Policy Research Institute
Ernest Liu, Princeton University and NBER
Fangzhou Lu, University of Hong Kong

Jianping Mei, CKGSB
Difei Ouyang, University of Geneva
Gerard Padró I Miquel, Yale University and NBER
Nancy Qian, Northwestern University and NBER
Bei Qin, Hong Kong Baptist University
Benjamin N. Roth, Harvard University
David Stromberg, Stockholm University
Edoardo Teso, Northwestern University and NBER
Shaoda Wang, University of Chicago and NBER
Shang-Jin Wei, Columbia University and NBER
Yanhui Wu, University of Hong Kong
Daniel Xu, Duke University and NBER
Hongjun Yan, DePaul University
Chunliu Yang, Fudan University
David Y. Yang, Harvard University and NBER
Mao Ye, Cornell University and NBER
Siqi Zheng, Massachusetts Institute of Technology
Haoxiang Zhu, Massachusetts Institute of Technology and NBER
Eric Zou, University of Michigan and NBER