Korea University / Keio University / HKUST
The 2nd Conference on International Macroeconomics and Finance
(Supported by the Korean Economic Review)

March 24-25, 2017

Day 1: March 24, 2017 (Friday)

Venue: #B109 Centennial Memorial Samsung Hall - Global Conference Hall

8:30 - 8:50am Registration and Coffee
8:50 - 9:00am Opening Remarks (Kwanho Shin, BK21 Director and KER Editor)

Morning Session

Chair: Jong-Wha Lee (Director of Asiatic Research Institute, Korea University)

9:00 - 10:15am Keynote Speech: “Exchange Rate Adjustment in Financial Crises”,
Michael Devereux (University of British Columbia)
(Co-Author: Changhua Yu, Peking University)

Discussant: Cheolbeom Park (Korea University)

10:15 -10:45am Coffee Break

10:45 - 11:45am “Explaining International Business Cycle Synchronization”
Robert Kollmann (University Libre de Bruxelles and CERP)

11:45 - 12:45pm “Financial Frictions and the Great Productivity Slowdown”
Gee Hee Hong (International Monetary Fund)

12:45 - 2:00pm Lunch (By Invitation)

Afternoon Session

Chair: Jinill Kim (Korea University)

2:00 - 3:00pm “The Interest Rate Effect on Private Saving: Alternative Perspectives”
Hiro Ito (Portland State University)

3:00 - 3:30pm Coffee Break

3:30 - 4:30pm “Belief Shocks, Financial Markets and the Business Cycle”
Mark Weder (University of Adelaide)

4:30 - 5:30pm “Global Financial Crisis and the Exchange Rate-Yield Curve Nexus”
Yu-chin Chen (University of Washington)

5:30 - 9:00pm Dinner (By invitation)

Korea University / Keio University / HKUST
The 2nd Conference on International Macroeconomics and Finance
(Supported by the Korean Economic Review)

March 24-25, 2017

Day 2: March 25, 2017 (Saturday)

Venue: #B109 Centennial Memorial Samsung Hall - Global Conference Hall

Morning Session

Chair: David Cook (HKUST)

9:00 - 10:00am “Does a Big Bazooka Matter? Central Bank Balance-Sheet Policies
and Exchange Rates”
Luca Dedola (European Central Bank and CERP)

10:00 -10:30am Coffee Break

10:30 - 11:30am “Monetary and Financial Policies in Emerging Markets”
Gianluca Benigno (London School of Economics)

11:30 - 12:30pm “Offshore EME bond Issuance and the Transmission Channels of
Global Liquidity”
Soyoung Kim (Seoul National University)

12:30 - 1:45pm Lunch (By Invitation)

Afternoon Session

Chair: Ippei Fujiwara (Keio University)

1:45 - 2:45pm “International Credit Supply Shocks”
Ambrogio Cesa-Bianchi (Bank of England)

2:45 - 3:45pm “The International Dimensions of Macro-Prudential Policies”
Giovanni Lombardo (BIS)

3:45 – 4:15pm Coffee Break

4:15 - 5:15pm “Policy Conflicts and Inflation Targeting: the Role of Credit Markets”
Woon Gyu Choi (International Monetary Fund)

5:15 - 6:15pm “A Bayesian Method for Foreign Currency Portfolio Optimization of
Conditional Value-at-Risk”
Kyu Ho Kang (Korea University)

The 2nd Annual Conference on International Macroeconomics and Finance.
Co-organizers: Kwanho Shin, Korea University;
                      Jinill Kim, Korea University;
                      Ippei Fujiwara, Keio University;
                      David Cook, HKUST.

The conference organizers are grateful for support from the BK21plus program at the
Department of Economics in Korea University and the Korean Economic Review.