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BFI-China Research Conference

Organized by the Becker Friedman Institute China, the BFI-China Research Conference was held on December 2-3, 2022.

This conference assembled established economic scholars to discuss recent work on issues related to the Chinese economy and financial markets.

Topics included:

  • Political economy
  • Public finance
  • Law and economics
  • Financial market
  • Fintech


Friday, December 2, 2022
11:30 am - 12:55 pm

University B, 2nd Floor

12:55 pm - 1:00 pm
Welcome and Opening Remarks
Zhiguo HeUniversity of Chicago
1:00 pm - 2:00 pm
Factions in Nondemocracies: Theory and Evidence from the Chinese Communist Party

Patrick Francois, University of British Columbia (Co-author)

Francesco Trebbi, University of California Berkeley (Presenter)

Kairong Xiao, Columbia University (Co-author)

2:00 pm - 2:15 pm
2:15 pm - 3:15 pm
Institutional Weakness and Societal Vulnerability: Evidence from the Sichuan Earthquake

Yiming Cao, Stanford University (Presenter)

3:15 pm - 3:30 pm
3:30 pm - 4:15 pm
Consumer-Financed Fiscal Stimulus: Evidence from Digital Coupons in China

Jing Ding, Harbin Institute of Technology (Co-author)

Lei Jiang, Tsinghua University (Co-author)

Lucy Msall, University of Chicago (Co-author)

Matthew J. Notowidigdo, University of Chicago (Presenter)

4:15 pm - 5:00 pm
Who Benefits from the Corporate Income Tax Cut for Small Firms: Evidence from China

Xuan Wang, Peking University (Co-author)

Binzhen Wu, Tsinghua University (Presenter)

Jie Zou, Tsinghua University (Co-author)

5:00 pm - 6:00 pm
Conference Reception

City View Prefunction

6:00 pm
Conference Dinner
City View Room
Saturday, December 3, 2022
8:00 am - 8:30 am
Continental Breakfast
8th floor lounge          
8:30 am - 9:30 am
Path Dependence and Institutional Genes: China as an Example
Chenggang Xu, Imperial College (Presenter)
9:30 am - 9:45 am
9:45 am - 10:45 am
Microgiving with Digital Platforms

Xiheng Jiang, China Center for International Knowledge on Development (Co-author)

Jianwei Xing, Peking University (Co-author)

Jintao Xu, Peking University (Co-author)

Eric Zou, University of Oregon (Presenter)

10:45 am - 11:00 am
11:00 am - 11:45 am
Judicial Independence, Local Protectionism, and Economic Integration: Evidence from China

Ernest Liu, Princeton University (C0-author)

Yi Lu, Tsinghua University (C0-author)

Wenwei Peng, Hong Kong University of Science and Technology (C0-author)

Shaoda Wang, University of Chicago (Presenter)

11:45 am - 1:00 pm
1st floor dining room
1:00 pm - 2:00 pm
State vs Market Revisited: China’s Hybrid Economy

Wei Xiong, Princeton University (Presenter)

2:00 pm - 2:15 pm
2:15 pm - 3:15 pm
Quid Pro Quo, Knowledge Spillover, and Industrial Quality Upgrades

Jie Bai, Harvard Kennedy School (Co-author)

Shengmao Cao, Northwestern University (Presenter)

Panle Jia Barwick, Cornell University (Co-author)

Shanjun Li, Cornell University (Co-author)

3:15 pm - 3:30 pm
3:30 pm - 4:15 pm
Monetary Policy Transmission within Chinese Banking System

Dan Luo, University of Chicago (Presenter)

Michael Weber, University of Chicago (Co-author)

Zhishu Yang, Tsinghua University (Co-author)

Jacky Qi Zhang, Shanghai Jiao Tong University (Co-author)

4:15 pm - 5:00 pm
Local Government Financial Constraint and Spending Multiplier in China
Yang Su, University of Chicago Booth (Presenter)
5:00 pm
Concluding Remarks

Chang-Tai Hsieh, University of Chicago