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Upcoming Events

CGEG-CREFR Conference on
China's Real Estate Markets

April 17, 2015
8:00-8:45 Breakfast and Registration

8:45-9:00 Welcome and Introductory Remarks
Jennifer Carpenter and Stijn Van Nieuwerburgh

9:00-10:20 Macro and Regional Drivers of China's Housing and Land Prices 
Moderator, Stijn Van Nieuwerburgh, Professor of Finance and Director of the Center for Real Estate Finance Research at NYU Stern School of Business

Rural-Urban Migration, Structural Transformation, and Housing Markets in China
Carlos Garriga, Federal Reserve Bank of St. Louis

Evaluating the Risk of Chinese Housing Markets: What We Know and What We Need to Know
Joseph Gyourko, University of Pennsylvania Wharton School

10:20-10:50  Coffee and Tea

10:50-12:10 Real Estate Shocks to Corporate Investment and Shadow Banking in China
Moderator, Robert Whitelaw, Edward C. Johnson 3D Professor of Entrepreneurial Finance and Chair of the Finance Department

The Crowding Out Effects of Real Estate Shocks: Evidence from China
Laura Xiaolei Liu, Peking University Guanghua School

The Great Wall of Debt: Credit Risk of Chinese Local Government Obligations
Andrew Ang, Columbia University

12:10-2:00 Lunch and Keynote Speech
Michael Spence, Nobel Laureate

2:00-3:15 Distinguished Expert Industry Panel
Moderator, Jennifer Carpenter, Associate Professor of Finance and Associate Director of the Center for Global Economy and Business , NYU Stern

3:15-3:45 Coffee and Tea

3:45-5:00 Panel on Urbanization in China
Moderator, Paul Romer, Professor of Economics and Director of the Urbanization Project, NYU Stern

5:00-6:30 Reception


The 85th Meeting of the
Conference on Public Policy

Stern School of Business,
New York University

"Inequality, Institutions, and Redistribution"

April 24-25, 2015

"Macroeconomic Implications of Top Income Tax Cuts: 1960-2010"
Baris Kaymak and Markus Poschke
Discussant: Laurence Ales

"Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions"
Benjamin B. Lockwood and Matthew Weinzierl
Discussant: Stefanie Stantcheva

"Fiscal Multipliers in the 21st Century"
Pedro Brinca, Hans A. Holter, Per Krusell, and Laurence Malafry
Discussant: Thomas Philippon

"On the Optimal Provision of Social Insurance"
Dirk Krueger and Alexander Ludwig
Discussant: Costas Meghir

"Fertility, Social Mobility, and Long Run Inequality"
Juan Carlos Cordoba, Xiying Liu, and Marla Ripoll
Discussant: Ali Shourideh

"Wealth Inequality, Family Background, and Estate Taxation"
Mariacristina De Nardi and Fang Yang
Discussant: Ananth Seshadri
Henry Kaufman Prize
for Economic Analysis at Stern

The 2015 NYU Stern Economic Growth Competition will be on Wednesday, April 29, from 4:30pm to 5:45pm.

MBA student teams in our spring Global Economy course have developed “virtual presentations” to advise a multinational services firm regarding the attractiveness of a large, irreversible, long-run investment in an assigned country.

At the open forum on April 29, three distinguished economists – Lewis Alexander, Montek Ahluwalia, and John Lipsky – will pose questions to the top three teams (one from each course section) regarding their presentations. At the end of the forum, the judges will award the winning team the Henry Kaufman Prize for Economic Analysis at Stern.

Date & Time
Wednesday, April 29, 2015; 4:30pm-5:45pm
RSVPs are required, but do not guarantee a seat.
Seating is limited and will be offered on a first-come first-served basis.

For additional information, please contact jrobidou@stern.nyu.edu