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Monetary and Fiscal Policies in Emerging Markets amid Heightened Uncertainty

Monetary and Fiscal Policies in Emerging Markets amid Heightened Uncertainty

20–21 พฤษภาคม 2567

Monetary and Fiscal Policies in Emerging Markets amid Heightened Uncertainty

Samarn Samosorn, Bank of Thailand

20 พฤษภาคม 2567

9:30	Welcoming Remarks by Sommarat Chantarat Puey Ungphakorn Institute for Economic Research
9:35	Keynote Speech: Geopolitics and Global Economy by Barry Eichengreen George C. Pardee & Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science University of California, Berkeley
10:20	Fiscal R-Star: Fiscal-Monetary Tensions and Implications for Policy Authors Marijn A. Bolhuis International Monetary Fund Jakree Koosakul International Monetary Fund Neil Shenai International Monetary Fund Discussant James Yetman Bank for International Settlements
11:10	Macroeconomic Performance and Policy Impacts under Alternative Trilemma Regimes Authors Hiro Ito Portland State University Masahiro Kawai University of Tokyo Discussant Anella Munro Asia School of Business
12:00	Lunch break
13:30	Fiscal Spillover in Emerging Economies: Real vs. Financial Channels Authors Abhishek Kumar University of Southampton Sushanta Mallick Queen Mary University of London Apra Sinha University of Delhi Discussant Hye Mi You Hanyang University
14:20	Public versus Private Investment Multipliers in EMDEs: Cross Country Analysis with a Focus on Asia Authors Joao Jalles University of Lisbon Donghyun Park Asian Development Bank Irfan A. Qureshi Asian Development Bank Discussant Athiphat Muthitacharoen Chulalongkorn University
15:10	Break
15:30	Resolving Puzzles of Monetary Policy Transmission in Emerging Markets Authors Jongrim Ha World Bank Dohan Kim World Bank M. Ayhan Kose World Bank, Brookings Institution, CEPR, and CAMA Eswar S. Prasad Cornell University, Brookings Institution, and NBER Discussant Hwee Kwan Chow Singapore Management University
16:20	Macroprudential Foreign Exchange Interventions Author Nika Khinashvili Geneva Graduate Institute (IHEID) Discussant Juthathip Jongwanich Thammasat University
17:10	Announcements
18:00	Dinner at the Bank of Thailand

21 พฤษภาคม 2567

9:00	Keynote: A Presence of Absence: The Benign Emergence of Monetary Stability by Andrew Rose Dean and Distinguished Professor, NUS Business School, Singapore Asher Rose Research Analyst, Peterson Institute for International Economics
9:45	Debt Shocks and the Dynamics of Output and Inflation in Emerging Economies Authors John Beirne Asian Development Bank Nuobu Renzhi Capital University of Economics and Business Discussant James Morley University of Sydney
10:35	Break
10:50	Fiscal Imbalances and Monetary Policy: Global Evidence from Forward-looking Taylor Rules Authors Donna Faye E. Bajaro Asian Development Bank Jaqueson K. Galimberti Asian Development Bank Irfan A. Qureshi Asian Development Bank Discussant Seok-Kyun Hur Joong-Ang University
11:40	Exchange Rate in Emerging Markets: Shock Absorber or Source of Shock? Authors Pym Manopimoke Bank of Thailand Nuwat Nookhwun Puey Ungphakorn Institute for Economic Research Jettawat Pattararangrong Bank of Thailand Discussant Ozer Karagedikli Asia School of Business
12:30	Lunch break
13:45	The Macroeconomic Impact of Commodity Prices Authors Matteo Lanzafame Asian Development Bank Maria Tereza Punzi Sim Kee Boon Institute for Financial Economics Irfan A. Qureshi Asian Development Bank Arief Ramayandi Asian Development Bank Discussant Pym Manopimoke Bank of Thailand
14:35	The Performance of Emerging Markets during the Fed’s Easing and Tightening Cycles: A Cross-country Resilience Analysis Authors Joshua Aizenman University of Southern California Donghyun Park Asian Development Bank Irfan A. Qureshi Asian Development Bank Jamel Saadaoui BETA, CNRS, University of Strasbourg Gazi Salah Uddin Department of Management and Engineering, Linköping University Discussant Pongsak Luangaram Chulalongkorn University
15:25	Break
15:45	China’s GDP-at-Risk: Real-Time Monitoring, Risk Tracing, and Monetary Policy Effects Authors Xiang Gao Shanghai Business School Kees G. Koedijk School of Economics, Utrecht University Wenqiang Lv School of Business and Management, Jilin University Jianli Sui School of Business and Management, Jilin University Discussant Yothin Jinjarak Asian Development Bank
16:35	Closing Remarks by Donghyun Park Asian Development Bank
18:00	Dinner at Royal Orchid Sheraton Hotel & Towers