Chinese Economy Working Group

Hanming Fang, Zhiguo He, Shang-Jin Wei, and Wei Xiong, Organizers

December 15-16, 2017

Shenzhen, China

Conference Code of Conduct

Thursday, December 14
6:00 pm
Opening Dinner, Hilton Shenzhen Futian, 4th Floor
Friday, December 15
Participants will be met in hotel lobby. Shuttle bus will leave at 8:00 am for conference.
8:00 am
Registration
8:30 am
Opening Remarks:
Shang-Jin Wei, Columbia University and NBER
Wei Xiong, Princeton University and NBER
8:40 am
Yi Huang, Fudan University
Ugo Panizza, The Graduate Institute, Geneva
Marco Pagano, Einaudi Institute for Economics and Finance

Local Crowding Out in China
Discussant: Yongjun Tang, University of Hong Kong
9:40 am
Break
10:00 am
Zheng Liu, Federal Reserve Bank of San Francisco
Pengfei Wang, Peking University
Zhiwei Xu, Shanghai Jiao Tong University

Interest-Rate Liberalization and Capital Misallocation
Discussant: Zheng Michael Song, Chinese University of Hong Kong
11:00 am
Haoyu Gao, Renmin University of China
Hong Ru, Massachusetts Institute of Technology
Robert Townsend, Massachusetts Institute of Technology and NBER
Xiaoguang Yang, Chinese Academy of Sciences

Rise of Bank Competition: Evidence from Banking Deregulation in China (slides)
Discussant: Jian Wang, Chinese University of Hong Kong, Shenzhen
12:00 pm
Lunch

Speaker: Jing Xiao, Chief Scientist of Ping An Group
Artificial Intelligence and Financial Services
1:20 pm
Jiangze Bian, University of International Business and Economics
Zhi Da, University of Notre Dame
Dong Lou, London School of Economics
Hao Zhou, Tsinghua University

Leverage Network and Market Contagion
Discussant: Zhiguo He, Stanford University and NBER
2:30 pm
Sabrina T. Howell, New York University and NBER
Lin William Cong, Cornell University and NBER
Ran Zhang, Peking University

The Impact of Delay in Going Public: Evidence from China
Discussant: Bohui Zhang, Chinese University of Hong Kong, Shenzhen
3:30 pm
Break
3:50 pm
Haoyuan Ding, Shanghai University of Finance and Economics
Hanming Fang, University of Pennsylvania and NBER
Shu Lin, Chinese University of Hong Kong
Kang Shi, Chinese University of Hong Kong

Equilibrium Consequences of Corruption on Firms: Evidence from China's Anti-Corruption Campaign
Discussant: Bernard Yeung, National University of Singapore
4:50 pm
Yu Zhang, Peking University

Liquidity Constraints, Transition Dynamics, and the Chinese Housing Return Premium (slides)
Discussant: Kaiji Chen, Emory University
5:50 pm
Adjourn
6:30 pm
Reception/Dinner, Hilton Shenzhen Futian, 2nd Floor
Saturday, December 16
Participants will be met in hotel lobby. Shuttle bus will leave at 8:00 am for conference.
8:30 am
Franklin Allen, Imperial College London
Xian Gu, Durham University Business School
Jun Qian, Fudan University
Yiming Qian, the University of Iowa

Implicit Guarantee and Shadow Banking: The Case of Trust Products
Discussant: Ning Zhu, Tsinghua University
9:30 am
Break
10:00 am
Bingjing Li, University of Hong Kong
Hiroyuki Kasahara, University of British Columbia

The Causes of China's Great Famine, 1959-1961: County-Level Evidence
Discussant: FloorDiscussion
11:00 am
Pravin Krishna, Johns Hopkins University and NBER
Heiwai Tang, Hong Kong University

Production Networks and Misallocation
Discussant: ernest_liu_2
12:00 pm
Lunch
1:30 pm
Xing Li, Peking University
Chong Liu, Peking University
Xi Weng, Peking University
Li-An Zhou, Peking University

Target Setting in Tournaments: Theory and Evidence from China
Discussant: Yingyi Qian, Tsinghua University
2:30 pm
Break
3:00 pm
Victor Couture, University of British Columbia
Benjamin Faber, University of California, Berkeley and NBER
Yizhen Gu, Peking University
Lizhi Liu, Georgetown University

E-Commerce Integration and Economic Development: Evidence from China
Discussant: Daniel Xu, Duke University and NBER
4:00 pm
Adjourn


Instructions to the Presenters and Discussants:


25 minutes per paper presentation.
15 minutes of discussion (the discussant could skip a summary of the paper if it is not a new way of looking at the issue).
Balance of the time: general discussion.


Local Contact:
Contact at Shenzhen Finance Institute, CUHK(SZ):
Ms. Wendy Liao
Email: wendyliao@cuhk.edu.cn
Tel: 0086-136-3160-0113