清华五道口全球金融论坛学术分会 —— “全球资本流动与金融风险管理研讨会”于2014年5月12日在清华大学五道口金融学院举行。
来自美国联邦储备委员会、国际货币基金组织、哥伦比亚大学、清华大学等著名研究机构的经济学家宣读了自己的学术论文和政策研究报告，并交流了最新的研究成果。在政策研讨环节，美联储前副主席唐纳德?科恩（Donald Kohn）、国际货币基金组织研究部副部长斯梯恩?克雷森斯（Stijn Claessens）等与中国专家、学者就银行监管与金融风险管理、国际资本流动的利益与风险、金融市场改革与中国经济等问题进行了深入探讨。
会议日程
May 12 Morning
Venue: 3rd floor, Building 3, PBC School of Finance, Tsinghua University
Opening Remarks 8:45 - 9:00
Session I: Shadow Banking and the Effectiveness of Banking Supervision 9:00 – 11:15
Session Chair: ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
Paper 1
Monitoring Financial Stability
Tobias ADRIAN, Senior Vice President and Function Head, Capital Markets Function, Federal Reserve Bank of New York
Daniel COVITZ，Associate Director, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Nellie LIANG，Director, Office of Financial Stability Policy and Research, Board of Governors of the Federal Reserve System
Discussant: YAN Hong, Professor of Finance, Shanghai Advanced Institute of Finance; Vice-president, China Academy of Financial Research
Paper 2
Collateral Demand
Sean D. CAMPBELL, Deputy Associate Director, Division of Research & Statistics, Board of Governors of the Federal Reserve System
Discussant: HU Jian, Managing Director of Structured Finance at Moody’s Investors Service
Paper 3
The Effects of Supervision on Bank Performance: Evidence from Discontinuous Examination Frequencies
Jason WU, Chief, Division of Monetary Affairs, Board of Governors of the Federal Reserve System
Marcelo REZENDE, Economist, Division of Monetary Affairs, Board of Governors of the Federal Reserve System
Discussant: SUN Bo, Assistant Professor of Finance, Guanghua School of Management, Peking University
Policy Panel I: Banking Supervision and Financial Risk Management 11:15-12:30
Tobias ADRIAN, Senior Vice President and Function Head, Capital Markets Function, Federal Reserve Bank of New York
Stijn CLAESSENS, Assistant Director, Research Department of International Monetary Fund
ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
LI Wenhong, Deputy Director-General, Research Bureau, China Banking Regulatory Commission
May 12 Afternoon
Venue: 3rd floor, Building 3, PBC School of Finance, Tsinghua University
Session II: International Capital Flows, Financial Market Reforms and Chinese Economy 14:00 - 16:15
Session Chair: WANG Jian, Senior Research Economist and Advisor, Federal Reserve Bank of Dallas
Paper 4
FDI and Firm Productivity: The Role of Financial Constraints
WANG Jian, Senior Research Economist and Advisor, Federal Reserve Bank of Dallas
WANG Xiao, Assistant Professor ,University of North Dakota
WEI Shangjin, Professor, Columbia University
Discussant: YU Jianfeng, Associate Professor of Finance, Carlson School of Management, University of Minnesota
Paper 5
Spillover Effects of U.S. Monetary Policy and Policy Uncertainty on Chinese Economy
ZHANG Ji, Assistant Professor, PBC School of Finance, Tsinghua University
Steven Wei Ho, Assistant Professor, PBC School of Finance, Tsinghua University
Hao Zhou, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
Discussant: CHEN Hongyi, Senior Manager, Hong Kong Institute for Monetary Research(HKIMR)
Paper 6
Interest Rate Determination in China: Past, Present, and Future
WANG Honglin, Economist, Hong Kong Institute for Monetary Research(HKIMR)
HE Dong, Director, Hong Kong Institute for Monetary Research(HKIMR)
YU Xiangrong, Economist, Hong Kong Institute for Monetary Research(HKIMR)
Discussant: ZHANG Ji, Assistant Professor, PBC School of Finance, Tsinghua University
Policy Panel II: Benefits and Risks of International Capital Flows 16:15 -17:30
Donald KOHN, Senior Fellow, Brookings Institute; Former Vice Chairman, The Board of Governors of the Federal Reserve System
Mark A. WYNNE, Vice President, Federal Reserve Bank of Dallas; Associate Director of Research for International Economics; Director of Globalization & Monetary Policy Institute
JIN Zhongxia, Director of Finance Research Institute, People’s Bank of China; Member of Strategic Council, PBC School of Finance, Tsinghua University
Closing Remarks 17:30 - 17:40
