Recent Advances in Macroeconomics and Financial Markets

This workshop is sponsored by ESRC grant #R007667/1 and Peking University HSBC Buseinss School (PHBS) UK campus

Supporting institutions: UCL and Sargent Institute of Quantitative Economics and Finance at PHBS.

Organizers: Wei Cui (UCL) and Shengxing Zhang (LSE)

May 30, 2022

10:00 AM – 10:05 AM: Opening Remark by Pengfei Wang (Dean of PHBS)

10:05 AM -- 11:05 AM: Kjetil Storesletten (U of Minnesota), “Serial Entrepreneurship in China”

Discussant: Tim Lee (Queen Mary)

11:30 PM - 12:30 PM: Yongseok Shin (Washington U at St Louis), “Is Software Eating the World?”

Discussant: Joseba Martinez (LBS)

12:30 PM – 3 PM: Lunch with Speech by Tom Sargent (NYU), 2:15pm to 2:45pm

3:00PM - 4:00 PM: Tasos Karantounias (Surrey), “A General Theory of Tax Smoothing”

Discussant: Hakki Yazici (Bristol)

4:30PM - 5:30 PM: Marco Bassetto (Minniapolis Fed), “A Ramsey Theory of Financial Distortions”

Discussant: Tasos Karantounias (Surrey)

6:00 PM -- 7:30 PM: Dinner

7:30 PM – 8:30 PM: Dinner speech by John Moore (Edingburgh and LSE), “Credit Horizons”

Discussant: Tai-Wei Hu (Bristol)


May 31, 2022

9:00 AM – 10:00 AM: Rachel Ngai (LSE), “To Own or to Rent? The Effects of Transaction Taxes on Housing Markets”

Discussant: Liangjie Wu (EIEF)

10:00 AM –11:10 AM: Guillaume Rocheteau (UC Irvine), “Information Acquisition and Price Discrimination in Dynamic, Decentralized Markets.”

Discussant: Fabrizio Matttesini (Università di Roma “Tor Vergata”)

11:30 AM -- 12:40 AM: Franck Portier (UCL), “Monetary Policy when the Phillps Curve is (Locally) Quite Flat”

Discussant: Donghai Zhang (Bonn)

12:40 AM Lunch and Adjourn



Venue: Peking University HSBC Business School UK Campus, Foxcombe Hall, Boars Hill, Oxford OX1 5HR