International Conferences on Sovereign Bond Markets


Programme

 

Thursday, April 6 2017

8.00 Breakfast
Mochtar Riady Building Level 4, Room 4-4 (Care 4-a)
 

 

9.00 Co-Welcome Address by BERNARD YEUNG (NUS Business School) & CHIA DER JIUN (Markets & Investment, Monetary Authority of Singapore)
 

 

9.30 _- 12.20 Session 1: QUANTITATIVE EASING AND SPILLOVER TO EMERGING MARKETS
Session Chair: PAOLO PASQUARIELLO (University of Michigan)
9.30 _- 10.20 Capital Inflows, Sovereign Debt and Bank Lending: Micro-Evidence from an Emerging Market
TOMAS WILLIAMS (Universitat Pompeu Fabra)
Discussant: DAVID REEB (National University of Singapore & CAMRI)
 
10.20 _- 10.30 Break
 
10.30 _- 11.20 Central Bank Balance Sheet Policies and Spillovers to Emerging Markets
MANMOHAN SINGH (International Monetary Fund)
HAOBIN WANG (Yale University)
Discussant: MADINA KARAMYSHEVA (National Research University Higher School of Economics, Moscow)
 
11.20 - 11.30 Break
 
11.30 _- 12.20 Does Monetary Policy Impact Market Integration? Evidence from Developed and Emerging Markets
MASSIMILIANO CAPORIN (University of Padua)
LORIANA PELIZZON (SAFE Center, Goethe University Frankfurt & Ca’ Foscari University, Venice)
ALBERTO PLAZZI (Institute of Finance, Università della Svizzera Italiana & Swiss Finance Institute)
Discussant: JEFF HU JIANFENG (Singapore Management University)
 
12.30 - 2.00

Lunchtime talk by BERNARD YEUNG (NUS Business School)
The Role of Anti-corruption Reforms in China's Economic Rebalancing and Restructuring
Mochtar Riady Building Level 4, Room 4-4 (Care 4-a)

 

2.00 - 4.50 Session 2: PUBLIC DEBT
Session Chair: MADHUSUDAN MOHANTY (Bank for International Settlements)
2.00 _- 2.50 Private and Public Debt: Are Emerging Markets at Risk?
MARCO BERNARDINI (Ghent University)
LORENZO FORNI (University of Padua)
Discussant: FILIPPO DI MAURO (National University of Singapore & European Central Bank)

2.50 _- 3.00 Break
 
3.00 _- 3.50 Debt, Recovery Rates and the Greek Dilemma
CHARLES A. E. GOODHART (London School of Economics & FMG)
M. UDURA PEIRIS (National Research University Higher School of Economics, Moscow)
DIMITRIOS P. TSOMOCOS (University of Oxford)
Discussant: KENTARO IWATSUBO (Kobe University)

3.50 - 4.00 Break
 
4.00 _- 4.50 Subnational Debt of China: The Politics-Finance Nexus
HAOYU GAO (Central University of Finance and Economics)
HONG RU (Nanyang Technological University)
DRAGON YONGJUN TANG (The University of Hong Kong)
Discussant: WEINA ZHANG (National University of Singapore)
 
6.00 CONFERENCE DINNER (By Invitation Only)
The Scholar Chinese Restaurant, Inner Chamber
NUSS Kent Ridge Guild House (map)

 

Friday, April 7 2017

8.00 Breakfast
Mochtar Riady Building Level 4, Room 4-4 (Care 4-a)

 

9.00 _- 10.20 PANEL Session with former Governors & MARTI SUBRAHMANYAM (New York University)
 
  • MASAAKI SHIRAKAWA (Professor of International Economics, Aoyama Gakuin University & former Governor, Bank of Japan)
  • ALAN BOLLARD (Executive Director, APEC Secretariat & former Governor, Reserve Bank of New Zealand)
  • YASEEN ANWAR (Senior Advisor, ICBC & former Governor, State Bank of Pakistan)
  • LESLIE TEO (Chief Economist & Director, Economics & Investment Strategy, GIC) 

10.20 - 1.10 Session 3: SOVEREIGN RISK AND THE ECONOMIC SYSTEM
Session Chair: FRANCISCO RIVADENEYRA (Bank of Canada)
10.20 _- 11.10 Lender of Last Resort versus Buyer of Last Resort — Evidence from the European Sovereign Debt Crisis
VIRAL ACHARYA (New York University & Reserve Bank of India)
DIANE PIERRET (HEC - University of Lausanne)
SASCHA STEFFEN (University of Mannheim)
Discussant: ALEXANDER EISL (Vienna University of Economics and Business)
 
11.10 - 11.20 Break
 
11.20 _- 12.10 Did ECB Liquidity Injections Help The Real Economy?
STINE LOUISE DAETZ (Copenhagen Business School)
MARTI G. SUBRAHMANYAM (New York University)
DRAGON YONGJUN TANG (University of Hong Kong)
SARAH QIAN WANG (University of Warwick)
Discussant: SIMONE MANGANELLI (European Central Bank)
 
12.10 - 12.20 Break
 
12.20 _- 1.10 Sovereign Risk and Bank Risk-Taking
ANIL ARI (University of Cambridge)
Discussant: JUN UNO (Waseda University)
 
1.10 Lunch, CONCLUDING REMARKS & SEE YOU IN CANADA IN 2018!
by JAMES CHAPMAN (Bank of Canada)
Mochtar Riady Building Level 4, Room 4-4 (Care 4-a)

 

Auspices

CREDIT Network
SoFiE