This course provides a state of the art overview of complex economic systems with boundedly rational heterogeneous agents. The leading paradigm in macroeconomics assumes that economic agents (households, firms, investors) are perfectly rational in making their decisions. Experimental and...

This course provides a self-contained set of lectures to bring PhD students and practitioners up to speed in the area of empirical research using firm-level data. The course starts with an introduction to models of firm dynamics and innovation. Next, attention is paid to estimation of...

This course provides a self-contained set of lectures to bring PhD students and practitioners up to speed in the area of empirical research using firm-level data. The course starts with an introduction to models of firm dynamics. Next, attention is paid to estimation of productivity, including...

topics: - Productivity measurement and its determinants, - Spreading innovation across firms and globalisation, - External imbalances, adjustment to shocks and globalisation, - Productivity, income inequality and trade, - Firm growth and internationalization, - Trade and resource reallocation, -...

Topics: - Renminbi, SDR and international monetary reform - Renminbi internationalization and offshore markets development - China’s capital account liberalization and global financial stability - Impact of China’s monetary policy on the world economy - The influence of China’s reserve...

Programme: Session 1 - Measuring Bank Competition in China: A Comparison of New Versus Conventional Approaches Applied to Loan Markets - Interest Rate Determination in China: Past, Present and Future - A Model of Chinese Capital Account Liberalisation Session 2 - Learning from a Puzzle: When Can...

The submission of papers in the following areas is encouraged: - The theory of employment and unemployment - Possibilities and limitations of monetary and fiscal policy - Labour market institutions, active labour market policies, and decent jobs - Industrial policy, productivity 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...

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...

The submission of papers in the following areas is encouraged: - Global imbalances after the crisis - High debt of firms, governments and households and economic dynamics - Macroeconomic imbalances and public debt in the euro area - Macroeconomic and distributional implications of fiscal...