The 8th International Macroeconomics and Finance Conference

“Fragmentation and Divergence in the Global Recovery”

8th and 9th June 2024

HKUST

Day 1, June 8th: LSK 1005, Lee Shaw Kee Building, HKUST

8:30 - 8:50am          Registration

8:50 - 9:00am          Opening Remarks

9:00 - 10:00am Keynote Speech

Session Chair: TBA

“Official Lending with Moral Hazard”

Vivian Yue, Emory University*

10:00 - 10:30am      Coffee Break

10:30 - 12:30pm     Session 1

Session Chair: David Cook, HKUST

“Financial Looting and Controls on Resident Outflows”

Bo Li, IMF

Alessandro Rebucci, John Hopkins University

Hui Tong, IMF*

“Currency Risk Under Capital Controls” Xiang Fang, University of Hong Kong* Sining Liu, Soochow University

Yang Liu, University of Hong Kong 

12:30 - 2:00pm Conference Lunch (by invitation)

2:00 - 3:00pm         Keynote Speech

Session Chair: Ippei Fujiwara, Keio University, ANU and CEPR

“Elephants in Equity and Currency Markets”

Helene Rey, London Business School CEPR and NBER*

3:00 – 3:30 pm        Coffee Break

3:30 - 5:30pm         Session 2

Session Chair: Michael Devereux, UBC

“Lopsided Interest Rates in International Borrowing Markets”

Yuanchen Cai, Boston College

Pablo A. Guerrón-Quintana, Boston College*

“Financially Constrained Intermediaries and the International Pass- Through of Monetary Policy”

Xiaoliang Wang, HKUST*

Mengbo Zhang, SUFE

5:30pm                    Conference adjourns

  6:00pm                    Depart for Dinner in Sai Kung (bus, By invitation)

Day 2, June 9th LSK 1005, Lee Shaw Kee Building, HKUST

9:00 - 10:00am        Keynote Speech

Session Chair: Pengfei Wang, Peking University HSBC School

“Collateral Advantage: Exchange Rates, Capital Flows, and Global Cycles”

Michael Devereux, University of British Columbia and CEPR*

10:00 - 10:30am      Coffee Break

10:30 - 12:30pm     Session 3

Session Chair: Jinill Kim, Korea University

“Competition and the Phillips curve”

Ippei Fujiwara, Keio University, ANU and CEPR*

“Production Networks and Supply-Side Effect of Monetary Policy”

Zhihao Xu, Purdue University,

Changhua Yu, Peking University*

12:30 - 2:00pm       Conference Lunch (by invitation)

2:00 - 4:00pm         Session 4

Session Chair: Kwanho Shin, Korea University

“A Tractable Heterogeneous Agent Framework for International Monetary Policy Analysis”

Sihao Chen, Fudan University

Michael Devereux, University of British Columbia Kang Shi, Chinese University of Hong Kong

Juanyi Xu, Hong Kong University of Science and Technology*

“International Trade and Macroeconomic Dynamics with Sanctions” Fabio Ghironi, University of Washington, CEPR, EABCN, and NBER Daisoon Kim, North Carolina State University and NBER

Galip Kemal Ozhan, International Monetary Fund and NBER*

4:00 - 4:15pm         Concluding Remarks

David Cook, HKUST

5:00-5:30 pm          Coach for Chi Lin Restaurant

5:30-6:00                Visit Nan Lian Garden

6:00 pm                   Dinner at Chi Lin Restaurant

  Organizing Committee:

David Cook, Hong Kong University of Science and Technology 

Michael Devereux, University of British Columbia

Ippei Fujiwara, Keio University, Australian National University and CEPR 

Jinill Kim, Korea University

Kwanho Shin, Korea University

Juanyi Xu, Hong Kong University of Science and Technology