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: - “The Great Recession: A Self-Fulfilling Global Panic” Philippe Bacchetta - “A bargaining theory of trade invoicing and prices” Cedric Tille - “Services and the Dynamics of Female Labor Supply” Joseph Kaboski - “A Microfounded Model of Chinese Capital Account...

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...

The conference is intended to provide a forum for academics, policymakers and business economists to discuss important analytical and policy issues related to the Chinese economy. The theme of this year’s conference is “China’s Macroeconomic Performance in the Medium-Term: Deepening...

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...

Topics: - China’s growth performance and medium-term prospects - Monetary and fiscal policies in China - China’s trade and financial integration with the world economy - Financial system reform in China - RMB’s role in the international monetary system - Hong Kong’s role in China’s...