RIETI-IWEP-CESSA Joint-Workshop

RMB Internationalization

  • Program and Handouts

Information

  • Time and Date: 10:30-17:30, Monday, December 14, 2015
  • Venue: RIETI's seminar room #1121 (METI Annex 11th Floor)
  • Hosts: RIETI, Institute of World Economics and Politics, Chinese Academy of Social Sciences (IWEP, CASS), Center for Economic and Social Studies in Asia, Yokohama National University (CESSA)

Agenda

10:30 - 10:40 Opening Remarks

NAKAJIMA Atsushi (Chairman, RIETI)

SUN Jie (IWEP, CASS)

10:40 - 12:40 Session 1

Chair: OGAWA Eiji (Faculty Fellow, RIETI / Hitotsubashi University)

10:40 - 11:30 Paper 1: Importer Heterogeneity and Exchange Rate Pass-through (DAI Mi and XU Jianwei)

10:40 - 11:00 Presentation

XU Jianwei (Beijing Normal University)

11:00 - 11:10 Comments

NAKAMURA Chikafumi (Chuo University)

11:10 - 11:20 Comments

IWAISAKO Tokuo (Hitotsubashi University)

11:20 - 11:30 Free Discussion

11:30 - 11:50 Coffee Break

11:50 - 12:40 Paper 2: Costs of Foreign Currency Invoicing (HAYAKAWA Kazunobu, Nuttawut LAKSANAPANYAKUL, and YOSHIMI Taiyo)

11:50 - 12:10 Presentation

YOSHIMI Taiyo (Nanzan University)

12:10 - 12:20 Comments

DAI Mi (Beijing Normal University)

12:20 - 12:30 Comments

XU Jianwei (Beijing Normal University)

12:30 - 12:40 Free Discussion

12:40 - 13:40 Lunch

13:40 - 15:20 Session 2

Chair: SHIMIZU Junko (Gakushuin University)

13:40 - 14:30 Paper 3: Pricing to Market in Chinese Foreign Trade (AI Hongshan and YAO Zhizhong)

13:40 - 14:00 Presentation

AI Hongshan (Hunan University)

14:00 - 14:10 Comments

NAKATA Hayato (Meisei University)

14:10 - 14:20 Comments

KAWASAKI Kentaro (Toyo University)

14:20 - 14:30 Free Discussion

14:30 - 15:20 Paper 4: The International Use of the Renminbi: Evidence from the Japanese Firm-Level Data (SHIMIZU Junko and SATO Kiyotaka)

14:30 - 14:50 Presentation

SATO Kiyotaka (Yokohama National University)

14:50 - 15:00 Comments

AI Hongshan (Hunan University)

15:00 - 15:10 Comments

XU Qiyuan (IWEP, CASS)

15:10 - 15:20 Free Discussion

15:20 - 15:40 Coffee Break

15:40 - 17:20 Session 3

Chair: SUN Jie (IWEP, CASS)

15:40 - 16:30 Paper 5: Predicting RMB Exchange Rate Out-of-sample: Can Offshore Markets Beat Random Walk? (CHEN Sichong)

15:40 - 16:00 Presentation

CHEN Sichong (Zhongnan University of Economics and Law)

16:00 - 16:10 Comments

MUTO Makoto (Hitotsubashi University)

16:10 - 16:20 Comments

MASUJIMA Yuki (Bloomberg)

16:20 - 16:30 Free Discussion

16:30 - 17:20 Paper 6: Local Currency Trade Settlement under the International Monetary System with the US Dollar as a Key Currency (OGAWA Eiji)

16:30 - 16:50 Presentation

OGAWA Eiji (Faculty Fellow, RIETI / Hitotsubashi University)

16:50 - 17:00 Comments

CHEN Sichong (Zhongnan University of Economics and Law)

17:00 - 17:10 Comments

SUN Jie (IWEP, CASS)

17:10 - 17:20 Free Discussion

17:20 - 17:30 Closing Remarks

OGAWA Eiji (Faculty Fellow, RIETI / Hitotsubashi University)

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