Chinese Economy Working Group Meeting

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

September 10-11, 2018

School of Economics and Management, Tsinghua University, Beijing 100084, China

Conference Code of Conduct

Monday, September 10
8:00 am
8:30 am
Opening Remarks:
Shang-Jin Wei, Columbia University and NBER
Chong-En Bai, Tsinghua University
8:40 am
Lily Fang, INSEAD
Josh Lerner, Harvard University and NBER
Chaopeng Wu, Xiamen University
Qi Zhang, Xiamen University

Corruption, Government Subsidies, and Innovation: Evidence from China
Discussant: Guangwei Li, ShanghaiTech University
9:40 am
Coffee/Tea Break
10:00 am
Haoyuan Ding, Shanghai University of Finance and Economics
Yichuan Hu, Tongji University
Ninghua Zhong, Tongji University

Informal Financing via University Alumni: The Substitution of Political Connections
Discussant: David Schoenherr, Princeton University
11:00 am
Douglas Almond, Columbia University and NBER
Valerie J. Karplus, Carnegie Mellon University
Shuang Zhang, University of Colorado at Boulder and NBER

Did Scrubbing the Government Clean Up the Air? Polluter Responses to China's Anticorruption Campaign
Discussant: Liguo Lin, Shanghai University of Finance and Economics
12:00 pm
Lunch - Shunde Building, Room 227
1:30 pm
Christopher Hansman, Imperial College London
Harrison Hong, Columbia University and NBER
Wenxi Jiang, Chinese University of Hong Kong
Yu-Jane Liu, Peking University
Juanjuan Meng, Peking University

Riding the Credit Boom
Discussant: Dong Lou, London School of Economics
2:30 pm
Jiangze Bian, University of International Business and Economics
Zhiguo He, University of Chicago and NBER
Kelly Shue, Yale University and NBER
Hao Zhou, Tsinghua University

Leverage-Induced Fire Sales and Stock Market Crashes
Discussant: Jinfan Zhang, Chinese University of Hong Kong, Shenzhen
3:30 pm
Coffee/Tea Break
3:50 pm
Wei Xiong, Princeton University and NBER

The Mandarin Model of Growth
Discussant: Zheng Michael Song, Chinese University of Hong Kong
4:50 pm
Ying Bai, Chinese University of Hong Kong
Ruixue Jia, University of California, San Diego and NBER

The Oriental City: Political Hierarchy and Regional Development in China, AD1000-2000
Discussant: Zhiwu Chen, University of Hong Kong
5:50 pm
6:30 pm
Dinner at Yan Ming Yuan Restaurant, located near main gate (southeast gate) of Tsinghua University
Tuesday, September 11
8:30 am
Yinglu Deng, Tsinghua University
An (Allen) Hu, Yale University
Ning Zhu, Tsinghua University

Real LIfe Experience and Financial Risk Taking: Natural Experiment Evidence from Automobile Traffic Accidents
Discussant: Zhenyu Gao, Chinese University of Hong Kong
9:30 am
Coffee/Tea Break
10:00 am
Huasheng Gao, Fudan University
Donghui Shi, Shanghai Stock Exchange
Bin Zhao, Shanghai Advanced Institute of Finance

Does Good Luck Make People Overconfident? Evidence from a Natural Experiment in China
Discussant: Jianfeng Yu, Tsinghua University
11:00 am
Thomas J. Chemmanur, Boston College
Bibo Liu, Tsinghua University
Xuan Tian, Tsinghua University

Rent Seeking, Brokerage Commissions, and the Pricing and Allocation of Shares in Initial Public Offerings
Discussant: Chen Lin, University of Hong Kong
12:00 pm
Lunch - Shunde Building, Room 227
1:30 pm
Kun Jiang, University of Nottingham
Wolfgang Keller, University of Colorado at Boulder and NBER
Larry Qiu, Lingnan University
William C. Ridley, University of Illinois

International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China
Discussant: Hong Ma, Tsinghua University
2:30 pm
Coffee/Tea Break
3:00 pm
Quanlin Gu, Peking University
Jia He, Nankai University
Wenlan Qian, National University of Singapore

Housing Booms and Shirking
Discussant: Li-An Zhou, Peking University
4:00 pm
5:30 pm
Dinner at Quan Ju De Restaurant (1/F, Building A, Tsinghua Science Park)

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.

Emergency Contact in Beijing:
Huangfu Zhen (Tsinghua University)