DAY 2 (December 7)#

Day 2

  • Parallel Sessions

  • Plenary LAEF Session

  • Plenary Lecture: Maryam Farboodi

  • Conference Dinner (Presenters, Discussants)

9 am - 10 am - Plenary Lecture#

Maryam Farboodi (MIT Sloan)

  • Location: CR-W2-05, Level 2 West Wing

  • Zoom Link

    • Meeting ID: 995 4714 0328

    • Passcode: WAMS2023

    • Session chair: Timothy Kam

Topic: Lifecycle of Big Data in the Economy

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Professor Farboodi is a financial economist. Her work is focused on financial intermediation and the economics of big data. She seeks to understand individuals’ trade-offs and incentives in financial markets and in a data economy. Such understanding informs effective policy and efficient market design.

10 am - 10.30 am#

Morning Tea

  • Foyer, Asia School of Business

10.30 am - 11.40 pm - Plenary Session#

LAEF 2 - Fiscal Policy#

  • Each paper: 40 minutes (30’ talk, 5’ discussion, 5’ Q&A)

    • Discussants: Chung Tran (ANU), Shuyun Li (University of Melbourne)

  • Location: CR-W2-05, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
L02 Yanran Guo University of Queensland Taxing Top Incomes in a World of Entrepreneurs NONE Macroeconomics, Entrepreneurship, Firm dynamics, Income and Wealth distributions, Taxation
L02 Marek Kapiçka CERGE-EI Optimal Fiscal Policy under Preference Heterogeneity NONE fiscal policy, Epstein-Zin, Mirrlees taxation, aggregate shocks

11.40 pm - 1 pm Lunch Break#

  • WAMS Council of Advisors and Executive Board meeting

1 pm - 2 pm - Parallel Sessions#

Growth and Sovereign Debt#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-W2-03, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
E05 Kian Ong University of Nottingham Ningbo China Do Countries Converge to Their Steady States at Different Rates? NONE economic growth, convergence, heterogeneity
E05 Scott Sommers University of Minnesota, World Bank (East Asia and Pacific Chief Economist Office ) The Sovereign Spread Compressing Effect of Fiscal Rules During Global Crises Ergys Islamaj, Agustin Samano Fiscal rules, fiscal space, sovereign debt, sovereign spreads

Firm Dynamics and Production Networks#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-W2-05, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
A06 Harun Alp Federal Reserve Board Committing to Grow: Privatizations and Firm Dynamics in East Germany Ufuk Akcigit, André Diegmann, Nicolas Serrano-Velarde industrial policy, privatizations, productivity, size-dependent regulations, firm dynamics.
A06 Jorge Miranda-Pinto University of Queensland Commodity Prices and Production Networks in Small Open Economies Alvaro Silva, Petre Caraini Commodity price, propagation, production networks, small open economies

Macroeconomic Time Series#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-E2-01, Level 2 East Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
E06 Leo Krippner Singapore Management University; University of Waikato; Center for Applied Macroeconomic Analysis Estimating and applying autoregression models via their eigensystem representation NONE autoregression; vector autoregression (VAR); lag polynomial; block companion matrix; eigenvalues; eigenvectors
E06 Abby Nguyen Monash University An Examination of Proxy SVAR Models for Identification of Fiscal Shocks NONE Proxy-SVAR, Fiscal policy, Multiplier

2 pm - 2.30 pm Break#

2.30 pm - 3.30 pm - Parallel Sessions#

Asset Bubbles, Inequality and Monetary Policy Uncertainty#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-E2-01, Level 2 East Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
A07 Cameron Haworth University of Auckland Asset bubbles and wealth inequality Prasanna Gai Asset bubbles, wealth inequality, macroprudential policy
A07 Jeffrey Sheen Macquarie University Monetary Policy Uncertainty and the transmission of policy shocks to bond yields Natalia Ponomareva, Ben Wang Energy prices, metal prices, uncertainty, forecast disagreement

Empirical and Quantitative Macroeconomics#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-W2-05, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
E07 Zi Yun Chow Central Bank of Malaysia Inflation Persistence in Malaysia: An Empirical Measure and Analysis NONE Inflation persistence, Malaysia, autoregressive model
E07 Yasuo Hirose Keio University Connecting Exchange Rates to Fundamentals Under Indeterminacy Ippei Fujiwara UIP puzzle, Exchange rate, Indeterminacy, Sunspot shocks, Bayesian estimation

3.30 pm - 4 pm#

Afternoon Tea

  • Foyer, Asia School of Business

4 pm - 5 pm - Parallel Sessions#

Tax Issues, China and Open Economies#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-W2-05, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
A05 Yunho Cho Jinan University Taxing Homeowners in China: Who are the Winners and Losers? Jinseong Park, Sisi Zhang Property taxes; OLG model; Heterogeneous agents; China’s housing market; Welfare
A05 Chung Tran Australian National University Dividend Imputation, Investment and Capital Accumulation in Open Economies Sebastian Wende Capital income taxation; Double taxation; Franking tax credit; Firm heterogeneity; Overlapping generations; Small open economy; Dynamic general equilibrium; Welfare.

Money#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-E2-01, Level 2 East Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
E04 Joshua Ang Rogers State University Money and Barter: Its Coexistence and Equilibrium with Direct Search NONE Money,searchandmatchings,barter, coexistence,market clearance
E04 Benoit Julien UNSW Monetary Search with Two Sided Divisibility John Kennes, Ian King Money essentiality, two-side divisibility, directed search, efficiency, neutrality

International Macroeconomics and Fiscal Policies#

  • Each paper: 30 minutes (25’ talk, 5’ Q&A)

  • Location: CR-W2-03, Level 2 West Wing

  First Name Last Name Affiliation Paper Coauthors Keywords
Session            
A04 Aaron Zhong Fu Goh Bank Negara Malaysia Fiscal Fatigue: A Cross-Country Empirical Analysis Zi Yun Chow Malaysia, Taylor rule, Monetary policy, GMM
A04 Solmaz Moslehi Monash University Fiscal Policy in a Small Open Economy: the Roles of Government Investment-Consumption Composition and Total Expenditure Qingyuan Du, Pedro Gomis-Porqueras, Chung Tran Government consumption; Government investment; Downward nominal wage rigidity; Exchange rates.

6 pm - 9 pm Cocktail and Conference Dinner#

Cocktails and Dinner

  • Participants: Registered Presenters and Discussants

  • Location: Private (please check at workshop registration reception desk)