The Twelfth NBER-CCER Conference on China and the World Economy

Time: June 25-28, 2010

Venue: 2nd Floor, Wanzhong Building, CCER, Beijing University

June 25, 7:00 pm: Dinner reception at the CCER

June 26

9:00 – 9:10 am: Opening remarks

Yang Yao (CCER), Shang-Jin Wei (NBER), Chong-En Bai (Tsinghua)

9:10 – 10:20: Macroeconomics in China and the United States

Chair: Ho-mou Wu (CCER)

Feng Lu (CCER): Macroeconomic issues in China

Simon Johnson (NBER and MIT): The Financial Oligarchy in the United States

10:20-10:40: coffee break

10:40-12:25 Economic imbalances (I)

Chair: Chong-En Bai

Kenneth West (NBER and University of Wisconsin, Madison): Exchange rate economics

Yang Yao (CCER): Manufacturing-finance comparative advantage and China’s trade surplus

David Daokui Li (Tsinghua): China in the World Economy: Restructuring for Rebalancing

 

2:00 -3:45 pm: Economic imbalances (II)

Chair: Simon Johnson

Chong-En Bai (Tsinghua University): Declining share of household income in China

Shang-Jin Wei (NBER and Columbia University): Global imbalances & “undervalued” currency

Binkai Chen (CUFE): Local government expenditure and China’s imbalance problems

3:45 – 4:05: Coffee break

4:05 – 5:50 Entrepreneurship and Corporate Finance

Chair: Yao Yang

Erik Hurst (NBER and University of Chicago): Entrepreneurship

Ping He (Tsinghua University): Capital allocation and operation efficiency in China

Marianne Bertrand (NBER and University of Chicago): Corporate finance

June 27

9:00 – 10:45 am: Banking and consumer finance

Chair: Marianne Bertrand

Peter Tufano (NBER and Harvard University): Consumer finance

Yan Shen (CCER): Financial Sector efficiency and lending behavior in China

Jonathan Levin (NBER and Stanford University): Recent research on consumer credit market

10:45 – 11:00: coffee break

11:00 – 12:10: Regional governments and regional inequality

Chair: Shang-Jin Wei

Li-An Zhou (GSM): Tournament of government officials

Hongbin Li (Tsinghua University): Income inequality, status seeking, and consumption

June 28

9:00-10:45 am: Health economics

Chair: Jiaxiang Zhu

Daniel Kessler (NBER and Stanford University): Health economics

Ling Li (CCER): Healthcare in China

Amanda Kowalski (NBER and Yale University): Assessing the impact of health care mandate

10:45 – 11:00: coffee break

11:00-12:10: Labor and productivity

Chair: Kenneth West

Richard Freeman (NBER and Harvard University): Topic in labor economics

Miaojie Yu (CCER): Processing trade, productivity and firm scope

12:10-12:20 Closing remarks