The National Bureau of Economic Research (NBER) Chinese Economic Working Group Meeting will be held from August 22 to 23, 2024, at Liaoning University (LNU). The meeting will focus on discussing cutting-edge issues in the fields of macroeconomics and finance. It is hosted by Liaoning University and organized by the Division of Economics and the School of Finance and Trade.
The National Bureau of Economic Research (NBER) was founded by renowned economist Wesley Mitchell in 1920. It is a private, non-profit, non-partisan research institution and also the largest economic research organization in the United States. The organization is committed to promoting cutting-edge investigation and analysis of major economic issues to advance a deeper understanding of economic operations. Its members come from a wide range of fields such as government, business, and academia, including more than 1,300 economics and business school professors who teach in North American universities. They all enjoy a high reputation in their respective academic fields. To this day, 44 current or former NBER research branches and board members have been awarded the Nobel Prize in Economics, including Paul Samuelson, Kuznets, James Tobin, Joseph Stiglitz, Paul Krugman, Claudia Golding, and others. In addition, several NBER researchers have also held important positions in the US Presidential Council of Economic Advisers.
Holding the conference at LNU demonstrates the full recognition and support of the international academic community for the achievements of Liaoning University’s applied economics discipline construction, and provides an excellent platform for further promoting the in-depth development of international exchanges and cooperation between the two sides. It will vigorously promote new breakthroughs in the high-quality construction of ‘Double First Class’ initiative of Liaoning University.
NBER
Chinese Economy Working Group Meeting
（Fall 2024）
Sponsor
Liaoning University
Division of Economics, Liaoning University
School of Finance and Trade, Liaoning University
Organizers
Hanming Fang
Zhiguo He
Shang-Jin Wei
Wei Xiong
Shenyang, China
August, 2024
Program
Thursday, August 22
Day 1 Morning
8:50-9:00 am Welcome Remarks
Miaojie Yu, President of Liaoning University
9:00 am
Housing Privatization as Intergenerational Redistribution
Kaiji Chen, Emory University
Hanming Fang, University of Pennsylvania and NBER
Yang Tang, Nanyang Technological University, Singapore
Discussant: Zheng Michael Song, Chinese University of Hong Kong
10:00 am Break and Group Photo
10:15 am
State versus Market: China’s Infrastructure Investment
Hong Ru, Massachusetts Institute of Technology
Wei Xiong, Princeton University and NBER
Shuoge Qian, Nanyang Technological University, Singapore
Discussant: Xiaodong Zhu, University of Hong Kong
11:15 am
The Use and Disuse of FinTech Credit: When Buy-Now-Pay-Later Meets Credit Reporting
Yanfei Dong, Peking University
Jiayin Hu, Peking University
Yiping Huang, CCER
Han Qiu, Bank for International Settlements
Discussant: Wenlan Qian, National University of Singapore
Day 1 Afternoon
1:30 pm-2:00pm Speech by President and Professor Miaojie Yu
(20 minutes per paper; floor discussion at the end of each wave of 3 presentations)
2:00 pm
Regional Power: Consumption Responses to Local Dishonest Judgment Debtors
Sumit Agarwal, National University of Singapore
Quanlin Gu, Central University of Finance and Economics
Jia He, Nankai University
Yixin Zhang, Nankai University
Mobility through Marriage over Multiple Generations: Evidence from Imperial China
Wolfgang Keller, University of Colorado Boulder and NBER
Carol H. Shiue, University of Colorado Boulder and NBER
Socially Green Nudges: Unveiling the Power of Peer Influence on Green Choices
Zhenyu Gao, Chinese University of Hong Kong
Yan Luo, Fudan University
Hao Yang, Fudan University
3:30 pm Break
3:45 pm
Learning by Investing: Entrepreneurial Spillovers from Venture Capital
Josh Lerner, Harvard University and NBER
Jinlin Li, Harvard University
Tong Liu, Massachusetts Institute of Technology
The Anatomy of Chinese Innovation: Insights on Patent Quality and Ownership
Philipp Boeing, ZEW
Loren Brandt, University of Toronto
Ruochen Dai, Central University of Finance and Economics
Kevin Lim, University of Toronto
Bettina Peters, ZEW
Deciphering the Impact of BigTech Consumer Credit
Lei Chen, Southwestern University of Finance and Economics
Wenlan Qian, National University of Singapore
Albert Di Wang, The University of Texas at Austin
Qi Wu, City University of Hong Kong
Friday, August 23
Day 2 Morning
(presenter 25 minutes per paper; discussant 12 minutes per paper; floor discussion: remainder of the time)
9:00 am
Pricing the Priceless: The Financial Cost of Biodiversity Conservation
Fukang Chen, Renmin University of China
Minhao Chen, Renmin University of China
Lin William Cong, Cornell University and NBER
Haoyu Gao, Renmin University of China
Jacopo Ponticelli, Northwestern University and NBER
Discussant: Yongjun Tang, University of Hong Kong
10:00 am Break
10:15 am
The Pre-Announcement Drift in China: Government Meetings and Macro Announcements
Qing Peng, Shanghai Jiao Tong University
Jun Pan, Shanghai Jiao Tong University
Discussant: Hao Zhou, Tsinghua University
11:15 am
Global Monetary Policy Shocks, Financial Frictions, and Export Prices
Yao Amber Li, Hong Kong University of Science & Technology
Lingfei Lu, Hong Kong University of Science & Technology
Shang-Jin Wei, Columbia University and NBER
Jingbo Yao, Hong Kong University of Science & Technology
Discussant:
Kaiji Chen, Emory University
Day 2 Afternoon
(20 minutes per paper; floor discussion at the end of all 3 presentations)
2:00 pm
The Value of Social Media Anonymity: Evidence from the Stock Market
Huasheng Gao, Fudan University
Kai Li, University of British Columbia
Yongxian Tan, Curtin University
Hailong Zhao, Southwestern University of Finance and Economics
Mortgage Prepayment in China and Counter-Productive Monetary Policy
Zhenyu Gao, Chinese University of Hong Kong
Wenxi Jiang, Chinese University of Hong Kong
Haohan Ren, Fudan University
Kemin Wang, Fudan University
Yuezhi Wu, Fudan University
Journey to the (North, South, East, and) West: Global Spillovers of Chinese Monetary Policy
Harrison A. Shieh, Vassar College
Anirban Sanyal, University of California, Santa Cruz
