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Chinese Economy Meeting

Hanming Fang and Shang-Jin Wei, Organizers

November 18-19, 2016

2nd Floor Conference Room
1050 Massachusetts Avenue
Cambridge, MA


Participant List

Friday, November 18



7:45 am

Shuttle Bus leaves Royal Sonesta Hotel for NBER



8:00 am

Continental Breakfast

8:30 am


8:40 am

Yongheng Deng, National University of Singapore
Shang-Jin Wei, Columbia University and NBER
Jing Wu, Tsinghua University
Estimating the Unofficial Income of Officials: The Case of China


Discussant: Hanming Fang, University of Pennsylvania and NBER

9:40 am

Yu-Hsiang Lei, Yale-NUS College
Can Governments Harvest Connections with Firms? Evidence from China

Discussant: Shuang Zhang, University of Colorado Boulder

10:40 am


11:00 am

Ruixue Jia, University of California at San Diego
Hongbin Li, Tsinghua University
Access to Elite Education, Wage Premium, and Social Mobility: The Truth and Illusion of China’s College Entrance Exam

Discussant: Wei Huang, Harvard University and NBER

12:00 pm


1:30 pm

Innovation (Two Papers)

Lily Fang, INSEAD
Josh Lerner, Harvard University and NBER
Chaopeng Wu, Xia Men University
Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China

Discussant: Ufuk Akcigit, University of Chicago and NBER

Jing Fang, Huazhong University of Science and Technology
Hui He, International Monetary Fund
Nan Li, International Monetary Fund
China's Rising IQ (Innovation Quotient) and Growth: Firm-Level Evidence

Discussant: Ann Harrison, University of Pennsylvania and NBER

3:10 pm


3:30 pm

Panle Jia Barwick, Cornell University and NBER
Shengmao Cao, Stanford University
Shanjun Li, Cornell University
Local Protectionism, Market Structure, and Social Welfare: China's Automobile Market

Discussant: Ying Fan, University of Michigan

4:30 pm

Sebastian Heise, Federal Reserve Bank of New York
Justin Pierce, Federal Reserve Board
Georg Schaur, University of Tennessee
Peter Schott, Yale University and NBER
Trade Policy and the Structure of Supply Chains

Discussant: Teresa Fort, Dartmouth College and NBER

5:30 pm




5:35 pm

Shuttle Bus leaves NBER for Royal Sonesta Hotel



7:00 pm

Dinner at Dante Restaurant (Royal Sonesta Hotel)



Saturday, November 19

8:00 am

Shuttle Bus leaves Royal Sonesta Hotel for NBER

8:15 am

Continental Breakfast

8:45 am

Russell Cooper, Pennsylvania State University and NBER
Guozhong Zhu, University of Alberta
Household Finance in China

Discussant: Mi Luo, New York University

9:45 am


10:00 am

Markus Brunnermeier, Princeton University and NBER
Michael Sockin, University of Texas at Austin
Wei Xiong, Princeton University and NBER
China's Model of Managing the Financial System

Discussant: Haoxiang Zhu, Massachusetts Institute of Technology and NBER

11:00 am


11:20 am

Shadow Banking (Two Papers)

Viral Acharya, New York University and NBER
Jun Qian, Shanghai Advanced Institute of Finance
Zhishu Yang, Tsinghua University
In the Shadow of Banks: Wealth Management Products and Issuing Banks’ Risk in China

Discussant: Kinda Hachem, University of Chicago and NBER

Hao Wang, Tsinghua University
Honglin Wang, Hong Kong Institute for Monetary Research
Lisheng Wang, Chinese University of Hong Kong
Hao Zhou, Tsinghua University
Shadow Banking: China's Dual-Track Interest Rate Liberalization

Discussant: Hui Chen, Massachusetts Institute of Technology and NBER

1:00 pm

Light Lunch and 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.