Academic journal article NBER Reporter

East Asian Seminar on Economics

Academic journal article NBER Reporter

East Asian Seminar on Economics

Article excerpt

The NBER, the Australian National University, the Peking University China Center for Economic Research, the ChungHua Institution for Economic Research (Taipei), the Hong Kong University of Science and Technology, the Korea Development Institute, the National University of Singapore, the Tokyo Center for Economic Research, and Tsinghua University (Beijing) jointly sponsored the NBER's 27th Annual East Asian Seminar on Economics. It took place in Singapore on June 23-24. Research Associates Takatoshi Ito of Columbia University and Andrew K. Rose of the University of California, Berkeley, organized the conference. These researchers' papers were presented and discussed:

* Benjamin J. Keys and Amit Seru, University of Chicago and NBER; Tomasz Piskorski, Columbia University and NBER; and Vincent Yao, Georgia State University, "Mortgage Rates, Household Balance Sheets, and the Real Economy" (NBER Working Paper No. 20561)

* Mathias Hoffmann, University of Zurich, and Iryna S. Stewen, University of Mainz, "Holes in the Dike: The Global Savings Glut, U.S. House Prices and the Long Shadow of Banking Deregulation"

* Sumit Agarwal, Georgetown University, and Cristian Badarinza and Wenlan Qian, National University of Singapore, "The Effectiveness of Housing Collateral Tightening Policy"

* Sumit Agarwal; Gene Amromin, Federal Reserve Bank of Chicago; Souphala Chomsisengphet, Office of the Comptroller of the Currency; Tomasz Piskorski; Amit Seru; and Vincent Yao, "Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program" (NBER Working Paper No. …

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