All fields of applied macroeconomics are highly welcomed.

This workshop has been postponed at a future date. Since the economic reforms in 1978, China has ascended to the second largest economy on the globe (the largest when looking at purchasing power adjusted values). The financial markets have been growing correspondingly, and by the end of 2017,...

This year’s workshop will have a focus on international macroeconomics, especially topics relating to trade, exchange rate and capital market regulation. As always, we invite papers from all fields in applied macroeconomics, but papers matching those issues are particularly welcome.

Programme: - Taming the Real Estate Beast: The Effects of Monetary and Macroprudential Policies on Housing Prices and Credit. By Kenneth Kuttner and Ilhyock Shim* (BIS) - Rental Rate under Housing Price Uncertainty: A Real-Options Approach. By Honglin Wang* (HKIMR), Fan Yu (CMC and SAIF) and...

Programme: - Recent Performance of the Hong Kong Dollar Foreign Exchange Market and the Linked Exchange Rate System - Transmitting Global Liquidity to East Asia: Dollar Credit in Mainland China and Hong Kong - Rising Mainland Exposure of Hong Kong Banks: Finding the Optimum Level and Assessing...

Topics: • Sources of financial instability • Integrating a system-wide approach into financial regulation • Measurement of systemic risk • Identifying systemically important financial institutions, instruments and markets • Procyclicality in the financial system and countercyclical...