2010 CEANA Program in Atlanta
CEANA/AEA
Jan. 3, 2:30 pm, Hilton Atlanta, Room 208
Financial Markets and the Macro Economy
Presiding: Serena Ng, Columbia University
Michael Woodford, Columbia University - Credit Frictions and Monetary Policy Analysis
Nobuhiro Kiyotaki, Princeton University - Liquidity and Business Cycles
Lawrence Christiano, Northwestern University - Financial Frictions and the Business Cycle
Jack Favilukis, London School of Economics, Sydney C. Ludvigson, New York University,
and Stijn Van Nieuwerburgh, New York University - The macroeconomic effects of
housing wealth, housing finance, and limited risk sharing in general equilibrium
Discussants:
Tao Zha, Federal Reserve Bank of Atlanta
John Leahy, New York University
CEANA/ASSA
Jan. 4, 10:15 am, Hilton Atlanta, Room 407
R&D, Technology and Growth
Presiding: Ping Wang, Washington University - St. Louis
Henry Wan, Cornell University, An-Chi Tung, Academia Sinica, Taiwan - A Case of Seeking Growth
by Organizational Innovation: How Policy and Market Joined to Buttress Taiwan's High
Tech-Based Growth
Henry Guofang Huang, John Hopkins University, Wei Li, University of Virginia, Lixin Colin Xu, World
Bank - R&D Returns, Spillovers and Firm Incentives: Evidence from China
Tsz-Nga Wong, Washington University-St. Louis, Chong K. Yip, Chinese University of Hong Kong,
Hong Kong - Technology Assimilation and Growth
Bee-Lon Chen, Academia Sinica, Taiwan, Mei Hsu, National Taipei University, Taiwan, Chia-Hui Lu,
National Taipei University, Taiwan - Wealth Effects and Multiple Growth Regimes
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Discussants:
Yu-Chin Chen, University of Washington
Shu-Chun Yang, Congressional Budget Office
Yi-Li Chien, Purdue University
Jang-Ting Guo, University of California-Riverside
CEANA Session 1
Jan. 3, 8:30-10:00, Hampton Inn and Suites Atlanta Downtown
Empirical Studies
Presiding:: Tin-Chun Lin, Indiana University Northwest
Powen Yeh, Ching Yun University, and Ping-Hung Chou, Ching Yun University -The Measures of
Medical Demand Function for Cardiovascular Diseases in Taiwan
Wehn-Jyuan Tsai, Shih Hsin University, and Jin-Tan Liu, National Taiwan University, and Jason
Hockenberry, University of Iowa—Do Foreign Brides Crowd Out Domestic Unwed Women? A
Study of Non-marital Fertility in Taiwan
Sanae Tashiro, Rowan University, and Chu-Pin Lo, National Taiwan University --- Are Women More
Generous Than Men: The Martial Status Matters? Evidence from the U.S. Consumer
Expenditure Survey Data
Tin-Chun Lin, Indiana University Northwest — Attendance and Grades
Discussants:
Sanae Tashiro, Rowan University
Roger Cheng, National Central University
Chang-Ching Lin, Academia Sinica
When-Jyuan Tsai, Shih Hsin University
CEANA Session 2
Jan. 3, 10:15-12:15, Hampton Inn and Suites Atlanta Downtown
Macroeconomics
Presiding: Leonard Cheng, The Hong Kong University of Science and Technology
Juin-Jen Chang, Academia Sinica, and Jang-Ting Guo, University of California, Riverside—Social
Status and Optimal Income Taxation
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Min-Chung Hsu, National Graduate Institute for Policy Studies, and Pei-Ju Liao, Academia Sinica
—Business Cycle Stabilization and Unemployment Insurance: Impacts on Welfare and Wealth
Distribution
Jen-Chi Cheng, Wichita State University, and Chu-Ping Vijverberg, Wichita State University-The
Channels of Monetary Transmission Mechanism Which One Prevails?
Shu-Chun S. Yang, Congressional Budget Office, and Nora Traum, Indiana University --- Revisiting
Government Debt: A DSGE Approach
Leonard Cheng, The Hong Kong University of Science and Technology, and Zihui Ma, Renmin
University of China— An Optimal Currency Basket to Minimize Output and Inflation Volatility:
Theory and Application
CEANA Session 3
Jan. 3, 12:30-2:00, Hampton Inn and Suites Atlanta Downtown
Financial Economics
Presiding: Hui-Kuan Tseng, The University of North Carolina at Charlotte
Wan-Jiun Paul Chiou, Shippensburg University of Pennsylvania, and Cheng-Few Lee, Rutgers
University —Do Investors Still Benefit from Culturally Home-biased Diversification? An
Empirical Study in China, Hong Kong, and Taiwan
Chun-Pin Hsu, The City University of New York, and Chin-Wen Huang , Edinboro University of
Pennsylvania—Do Copula-Extreme Value Theory-based Semiparametric Approaches Perform
Better when Using the Value-at-Risk Measure
Hui-Kuan Tseng, The University of North Carolina at Charlotte—Incomplete Pass-Through and
Exchange Rate Volatility
Discussants:
Powen Yeh, Ching Yun University
Wan-Jiun Paul Chiou, Shippensburg University of Pennsylvania
Chun-Pin Hsu, The City University of New York
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CEANA Session 4
Jan. 3, 4:45-6:30, Hilton Atlanta, Room 407
Microeconomics and Political Economy
Presiding: Fali Huang, Singapore Management University
P. C. Roger Cheng, National Central University — An Economic Analysis on Interracial Marriage
with Prejudice
Meng-Yu Liang, Academia Sinica — Assuredly Perfect Equilibrium- Signaling Games
Zheng Song, Fudan University — The Dynamics of Inequality and Social Security in General
Equilibrium
Pohan Fong, Northwestern University — Majority Rules and Strategic Information Transmission
Fali Huang, Singapore Management University — Why Did Universities Precede Primary Schools?
A Political Economy Model of Educational Change
CEANA Session 5
Jan. 4, 8:30-10:00, Hampton Inn and Suites Atlanta Downtown
Economic Growth
Presiding: Hung-Ju Chen, National Taiwan University
Shu-Shiuan Lu, National Tsing Hua University — The Role of Capital Market Efficiency on
Long-term Growth：A Quantitative Exploration
Angus C. Chu, Academia Sinica, and Shin-Kun Peng. Academia Sinica and National Taiwan University
— Effects of TRIPS on Growth, Welfare and Income Inequality in an R&D-Growth Model
Hung-Ju Chen, National Taiwan University, and I-Hsiang Fang, National Taiwan University —
Migration, Social Security, and Economic Growth
Discussants:
Angus C. Chu, Academia Sinica
Pei-Ju Liao, Academia Sinica
Min Chung Hsu, National Graduate Institute for Policy Studies
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CEANA Session 6
Jan. 4, 12:30-2:00, Hampton Inn and Suites Atlanta Downtown
International Economics I
Presiding: Wing Thye Woo, University of California, Davis
Chu-Ping Lo, National Taiwan University — Clean Development Mechanism in North-South Trade
Yu Hsing, Southeastern Louisiana University — Test of the Functional Form of the Marshall-Lerner
Condition for Selected Countries
Chun-Yu Ho, Georgia Institute of Technology —Intranational Risk Sharing Is Worse Than You
Think
Wing Thye Woo, University of California, Davis — The Real Reasons behind US Unhappiness with
the Trade Imbalances
Discussants:
TBA
Xiaopeng Yin, University of International Business and Economics
Chu-Ping Lo, National Taiwan University
Chang-Ching Lin, Academia Sinica
CEANA Session 7
Jan. 4, 2:30-4:15, Hampton Inn and Suites Atlanta Downtown
International Economics II
Presiding: Juann H. Hung, Congressional Budget Office
Ming-Jen Chang, National Dong Hwa University, Chang-Ching Lin, Academia Sinica, Shou-Yung Yin,
National Central University—Do Traded & Non-traded Goods Exhibit the Same Pattern of Real
Exchange Rate Persistence? Evidence from Disaggregated Data
Xiaopeng Yin, University of International Business and Economics —Two-way FDI and International
Products Cycles: The Case of China’s Automobile Industry
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Juann H. Hung, Congressional Budget Office, and Angelo Mascaro, Congressional Budget
Office—Return on Cross-Border Investment: Why Does U.S. Investment Abroad Do Better?
Discussants:
Chun Yu Ho, Georgia Institute of Technology
Chu-Ping Lo, National Taiwan University
Yu Hsing, Southeastern Louisiana University
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