2023 Asia Economic Policy Conference: Global Linkages in a Post-Pandemic World

THURSDAY, NOVEMBER 16

Introductory Remarks
Sylvain Leduc, Executive Vice President and Director of Research, Federal Reserve Bank of San Francisco

Opening Address
Lisa D. Cook, Governor, Board of Governors of the Federal Reserve System

Session 1: Global Supply Chain Pressures, Inflation, and Implications for Monetary Policy

Chair: Zheng Liu, Vice President of International Research and Director of the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco
Authors: Guido Ascari, Economic Advisor and Head of Monetary Policy Research, De Nederlandsche Bank
Dennis Bonam, Principal Economist, De Nederlandsche Bank
Andra Smadu, Research Economist, De Naderlandsche Bank
Discussants: Thuy-Lan Nguyen, Senior Economist, Federal Reserve Bank of San Francisco
Peter Tillmann, Professor of Monetary Economics, University of Giessen

Session 2: Domestic Lending and the Pandemic: How Does Banks’ Exposure to Covid-19 Abroad Affect Their Lending in the United States?

Chair: Zheng Liu, Vice President of International Research and Director of the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco
Authors: Judit Temesvary, Chief, International Financial Stability, Board of Governors of the Federal Reserve System
Andrew Wei, Economics Graduate Student, Cornell University
Discussants: Alessandro Rebucci, Associate Professor, Johns Hopkins University
Dean Corbae, William Sellery Truckenbrod Chair in Finance and Professor, University of Wisconsin-Madison

Session 3: Welfare Gains from Market Insurance: The Case of Mexican Oil Price Risk

Chair: Zheng Liu, Vice President of International Research and Director of the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco
Authors: Chang Ma, Associate Professor of Finance, Fudan University
Fabián Valencia, Adviser, International Monetary Fund
Discussants: Yan Bai, Professor of Economics, University of Rochester
Vivian (Zhanwei) Yue, Samuel Candler Dobbs Professor of Economics, Emory University

Policymakers Panel: Global Linkages

Chair: Mark Spiegel, Senior Policy Adviser, Federal Reserve Bank of San Francisco
Panelist: Patrick Bajari, Partner, Keystone Strategy and AI
Maurice Obstfeld, C. Fred Bergsten Senior Fellow, Peterson Institute for International Economics
Kei-Mu Yi, Senior Vice President, Federal Reserve Bank of Dallas

Introductory Remarks
Zheng Liu, Vice President of International Research and Director of the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco

Keynote Address
Pierre-Olivier Gourinchas, Economic Counsellor and Director of Research, International Monetary Fund

FRIDAY, NOVEMBER 17

Session 4: Spillovers from US Monetary Shocks: Role of Policy Drivers and Cyclical Conditions

Chair: Thuy-Lan Nguyen, Senior Economist, Federal Reserve Bank of San Francisco
Authors: Elif C. Arbatli-Saxegaard, Senior Economist, International Monetary Fund
Davide Furceri, Deputy Division Chief of the Development Macroeconomic Division, International Monetary Fund
Pablo Gonzalez Dominguez, Acting Economist & Research Analyst, International Monetary Fund
Jonathan Ostry, Professor of the Practice, Georgetown University
Shanaka Jayanath Peiris, Division Chief of Regional Studies Division, International Monetary Fund
Discussants: Eric Swanson, Professor of Economics, University of California, Irvine
Matteo Iacoviello, Senior Associate Director, Board of Governors of the Federal Reserve System

Session 5: Constructing Chinese Time Series Usable for Macroeconomic Analysis

Chair: Thuy-Lan Nguyen, Senior Economist, Federal Reserve Bank of San Francisco
Authors: Kaiji Chen, Associate Professor of Economics, Emory University
Tao Zha, Samuel Candler Dobbs Professor of Economics, Emory University
Discussants: John Fernald, Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
John Rogers, Professor of Economics, Fudan University

Introductory Remarks
Zheng Liu, Vice President of International Research and Director of the Center for Pacific Basin Studies, Federal Reserve Bank of San Francisco

Closing Address
Pinelopi Goldberg, Elihu Professor of Economics and Professor of Management, Yale University

Scheduled session speakers in bold.