This version; June 8, 2006

 

The Eighth NBER-CCER Conference on

China and the World Economy

 

Beijing, June 28-July 1, 2006

 

Organizers:       Justin Lin and Yang Yao (CCER)

Martin Feldstein and Shang-Jin Wei (NBER)

 

Conference Site: China Center for Economic Research, Beijing University

 

Hotel for NBER delegates: Dayuan

Jia 1, Dayuan, Fu-yuan-men, Yi-he-yuan Road, Haidian district, Beijing. Phone: 6256-1115.

Chinese address: 北京市海淀区颐和园路福缘门甲1号

 

Emergency Contact Person at the CCER:

Ms. Ping Wang, office: 6276-6005, mobile: 13126678721

 

 

Wednesday, June 28, 2006  6:30 pm:  Reception in CCER

 

Thursday, June 29, 2006

 

8:30 – 9:00: Registration

 

9:00 – 10:00:    Session I: China and the World Economy

 

Justin Yifu Lin (CCER):                        The 11th Five-Year Plan and the Chinese Economy

Martin Feldstein (NBER & Harvard):    International capital flows

 

10:00 – 10:30: Coffee break

 

10:30 – 12:00   Session II: Globalization

 

Gordon Hanson (NBER & UCSD):         Globalization

Feng Lu (CCER):                                             China's Labor productivity catch-up

Shang-Jin Wei (NBER & IMF):                        Returns to capital in China

 

12:00 – 2:00: Lunch

Guest speaker: GUO Shuqing, Chairman, China Construction Bank

 Recent moves of CCB in raising capital in overseas markets

 

 

2:00 – 3:30       Session III: Monetary and financial economics

 

Michael Woodford (Princeton):             Monetary policy

Gang Gong (Tsinghua Univ.):    Independent monetary policies under the fixed exchange rate regime

Zhixiong Zeng (CCER):                        Optimal interest rates

 

3:30 – 4:00: Coffee break

 

4:00 – 5:30: Session IV: Public finance and growth

 

Justin Lin and Pengfei Zhang (CCER): Factor Endowment, Development Strategy and Economic Institution

James Poterba (MIT):  Tax reform

Yin He (CCER): FDI and the economic growth: the role of Asian financial crisis

 

6:30 – 9:00: Dinner in Bai-jia-da-zhai-yuan

 

Guest speaker: XIANG Huaicheng, Chairman, China Social Security Fund

Investing CSSF abroad

 

Friday, June 30, 2006

 

9:00 – 10:30 Session V: Political economy I

 

Alberto Alesina (NBER & Harvard): Political economy

Yan Shen (CCER):       Village election and income distribution

Yi Jin (Univ. of Kansas): Human capital, growth, and inequality

 

10:30 – 11:00: Coffee break

 

11:00 – 12:30   Session VI: Political economy II

 

Nancy Rose      (MIT): Regulation issues

Changqi Wu (GSM, PKU): Privatization at the margin

Qiang Gong (CCER):   Financial structure and economic growth

 

12:30 – 1:30:    Lunch

 

1:30 – 5:30:      Factory visit

 

6:30 – 9:00:      Dinner: Oasis Restaurant

 

 

Saturday, July 1, 2006

 

9:00 – 10:30 Session VII: Labor economics

 

Casey Mulligan (Chicago):        Wages and female labor supply

Ming Lu (Fudan University):      A model of strategic labor division with increasing returns

William Collins (Vanderbilt):      Race and education

 

10:30 – 11:00: Coffee break

 

11:00 – 12:30 Session VIII: Productivity and insurance

 

Ernie Berndt (MIT): Measuring innovation and R&D productivity in the biopharmaceutical industries

Jun Zhang (Fudan University): The financial depth-productivity nexus in China

Mark Duggan (Maryland): Disability and disability insurance issues

 

12:30   Concluding Remarks

 

12:45   Lunch and Adjourn

 

 

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Time allocation:

 

20 minutes per presentation

Balance of time: questions and answers