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Monetary and Fiscal Policies in Emerging Markets amid Heightened Uncertainty
Bank of Thailand
Bangkok, Thailand
20-21 May 2024
20 May 2024
9:30
Welcome Remarks
Speaker
Barry Eichengreen
Puey Ungphakorn Institute for Economic Research
9:35
Keynote Speech: Geopolitics and Global Economy
Speaker
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
Jakree Koosakul
Neil Shenai
International Monetary Fund
International Monetary Fund
International Monetary Fund
Discussant
James Yetman
Bank for International Settlements
11:10
Macroeconomic Performance and Policy Impacts under Alternative Trilemma Regimes
Authors
Hiro Ito
Masahiro Kawai
Portland State University
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
Sushanta Mallick
Apra Sinha
University of Southampton
Queen Mary University of London
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
Donghyun Park
Irfan A. Qureshi
University of Lisbon
Asian Development Bank
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
Dohan Kim
M. Ayhan Kose
Eswar S. Prasad
World Bank
World Bank
World Bank, Brookings Institution, CEPR, and CAMA
Cornell University, Brookings Institution, and NBER
Discussant
Hwee Kwan Chow
Singapore Management University
16:20
Macroprudential Foreign Exchange Interventions
Authors
Nika Khinashvili
Geneva Graduate Institute (IHEID)
Discussant
Juthathip Jongwanich
Thammasat University
17:10
Announcements
18:00
Dinner at the Bank of Thailand
21 May 2024
9:00
Keynote: A Presence of Absence: The Benign Emergence of Monetary Stability
Authors
Andrew Rose
Asher Rose
Dean and Distinguished Professor, NUS Business School, Singapore
Research Analyst, Peterson Institute for International Economics
9:45
Debt Shocks and the Dynamics of Output and Inflation in Emerging Economies
Authors
John Beirne
Nuobu Renzhi
Asian Development Bank
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
Jaqueson K. Galimberti
Irfan A. Qureshi
Asian Development Bank
Asian Development Bank
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
Nuwat Nookhwun
Jettawat Pattararangrong
Bank of Thailand
Puey Ungphakorn Institute for Economic Research
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
Maria Tereza Punzi
Irfan A. Qureshi
Arief Ramayandi
Asian Development Bank
Sim Kee Boon Institute for Financial Economics
Asian Development Bank
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
Donghyun Park
Irfan A. Qureshi
Jamel Saadaoui
Gazi Salah Uddin
University of Southern California
Asian Development Bank
Asian Development Bank
BETA, CNRS, University of Strasbourg
Department of Management and Engineering, Linköping University
Discussant
Pym Manopimoke
Chulalongkorn University
15:25
Break
15:45
China’s GDP-at-Risk: Real-Time Monitoring, Risk Tracing, and Monetary Policy Effects
Authors
Xiang Gao
Kees G. Koedijk
Wenqiang Lv
Jianli Sui
Gazi Salah Uddin
Shanghai Business School
School of Economics, Utrecht University
School of Business and Management, Jilin University
School of Business and Management, Jilin University
Department of Management and Engineering, Linköping University
Discussant
Yothin Jinjarak
Asian Development Bank
16:35
Closing Remarks
Speaker
Donghyun Park
Asian Development Bank
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