RIETI-IWEP-CESSA Joint Workshop

Exchange Rates and International Currency: Perspective from China and Japan

Information

  • Time and Date: 9:30-17:30, Saturday, November 19, 2016
  • Venue: Beijing Landmark Towers
  • 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)

Program and Handouts

9:00 - 9:30 Registration

9:30 - 9:40 Opening Remarks

SUN Jie (Senior Research Fellow, Chief Editor of World Economy, Institute of World Economics and Politics (IWEP), CASS)

9:40 - 11:10 Session 1

Chair

ZHANG Ming (Senior Research Fellow, Director of Department of International Investment, Institute of World Economics and Politics (IWEP), CASS)

Paper 1: Exchange Rate Volatility, Exports and Global Value Chains (by SATO Kiyotaka and ZHANG Shajuan)

9:40 - 10:00 Presentation

ZHANG Shajuan (Center for Economic Growth Strategy, Yokohama National University, Japan)

10:00 - 10:00 Comments

SU Qingyi (Research Fellow, Department of International Trade, Institute of World Economics and Politics (IWEP), CASS)

10:10 - 10:25 Free discussion

Paper 2: One RMB, One External Competitiveness? Evidence from China's Provincial Effective Exchange Rates (by YANG Panpan, SU Qingyi and XU Qiyuan)

10:25 - 10:45 Presentation

YANG Panpan (Research Fellow, Department of Global Macroeconomy, Institute of World Economics and Politics (IWEP), CASS)

10:45 - 10:55 Comments

SATO Kiyotaka (Professor, Department of Economics, Yokohama National University, Japan/RIETI Project Member)

10:55 - 11:10 Free discussion

11:10 - 11:30 Coffee Break

11:30 - 13:00 Session 2

Chair

OGAWA Eiji (Professor, Graduate School of Commerce and Management, Hitotsubashi University, Japan/RIETI Faculty Fellow)

Paper 3: Currencies in Safe Haven Status: Renminbi, Yen, Euro, and Dollar (by MASUJIMA Yuki)

11:30 - 11:50 Presentation

MASUJIMA Yuki (Senior Japan Economist, Bloomberg Intelligence/RIETI Project Member)

11:50 - 12:00 Comments

XIAO Lisheng (Senior Research Fellow, Deputy Director of Department of International Finance, Institute of World Economics and Politics (IWEP), CASS)

12:00 - 12:15 Free discussion

Paper 4: Potential Assessment of RMB Trade Settlement: Evidence from China's Export Enterprises (by AI Hongshan and XU Qiyuan)

12:15 - 12:35 Presentation

AI Hongshan (Assistant Professor, School of Economics and Trade, Hunan University)

12:35 - 12:45 Comments

SHIMIZU Junko (Professor, Department of Economics, Gakushuin University, Japan/RIETI Project Member)

12:45 - 13:00 Free discussion

13:00 - 14:00 Lunch

14:00 - 15:30 Session 3

Chair

XU Qiyuan (Senior Research Fellow, Director of Department of International Investment, Institute of World Economics and Politics (IWEP), CASS)

Paper 5: Exchange Rate Pass-through at the Individual Product Level: Evidence from Japan and Thailand (by Kai Po Jenny LAW, SATOH Eiji and YOSHIMI Taiyo)

14:00 - 14:20 Presentation

YOSHIMI Taiyo (Associate Professor, Department of Economics, Nanzan University, Japan/RIETI Project Member)

14:20 - 14:30 Comments

WANG Junbing (Associate Professor, School of Public Finance and Taxation, Southwestern University of Finance and Economics)

14:30 - 14:45 Free discussion

Paper 6: Firm-specific Exchange Rate Shocks and Employment Adjustment: Evidence from China (by DAI Mi and XU Jianwei)

14:45 - 15:05 Presentation

DAI Mi (Assistant Professor, Business School, Beijing Normal University)

15:05 - 15:15 Comments

YOSHIMI Taiyo (Associate Professor, Department of Economics, Nanzan University, Japan/RIETI Project Member)

15:15 - 15:30 Free discussion

15:30 - 15:50 Coffee Break

15:50 - 17:20 Session 4

Chair

SHIMIZU Junko (Professor, Department of Economics, Gakushuin University, Japan/RIETI Project Member)

Paper 7: Firm's Predicted Exchange Rate and Nonlinearities in Pricing-to-Market (by Thi Ngoc Anh NGUYEN and SATO Kiyotaka)

15:50 - 16:10 Presentation

Thi Ngoc Anh NGUYEN (Research Fellow of Japan Society for the Promotion of Science (JSPS), Graduate School of International Social Sciences, Yokohama National University, Japan)

16:10 - 16:20 Comments

WANG Yaqi (Assistant Professor, School of Finance, Central University of Finance and Economics)

16:20 - 16:35 Free discussion

Paper 8: Why do Chinese Firms Borrow Foreign Currency Debt? (by CHANG Shuyu and XIAO Lishen)

16:35 - 16:55 Presentation

CHANG Shuyu (Research Fellow, Department of Global Macroeconomy, Institute of World Economics and Politics (IWEP), CASS)

16:55 - 17:05 Comments

OGAWA Eiji (Professor, Graduate School of Commerce and Management, Hitotsubashi University, Japan/RIETI Faculty Fellow)

17:05 - 17:20 Free discussion

17:20 - 17:30 Closing Remarks

OGAWA Eiji (Professor, Graduate School of Commerce and Management, Hitotsubashi University, Japan/RIETI Faculty Fellow)

18:00 - 20:00 Conference dinner