Welcome and Opening Remarks

by Xiaodong Zhu, Eric Santor

Session 1: Economic Development

China’s Economic Reform and Its Implications for the Global Economy

Presentation: David Dollar

Crony Capitalism with Chinese Characteristics

Presentation: Chong-En Bai, Chang-Tai Hsieh, Michael Song

Session 2: Macroeconomic Issues

Trends and Cycles in China’s Macroeconomy

Presentation: Chun Chang, Tao Zha

Unemployment and Labor Force Participation in China: Long Run Trends and Short Run Dynamics

Presentation: Shuaizhang Feng, Yingyao Hu, Robert Moffitt

Do Employers Prefer Undocumented Workers? Evidence from China’s Hukou System

Presentation: Peter Kuhn, Kailing Shen

Trade, Migration, Regional Income Differences and Aggregate Productivity: Evidence from China

Presentation: Xiaodong Zhu, Trevor Tombe

Session 3: Economic Growth

The Economy of People’s Republic of China from 1953

Presentation: Anton Cheremukhin, Mikhail Golosov, Aleh Tsyvinski, Sergei Guriev

Firm Entry and Regional Growth Disparities: the Effect of SOEs in China

Presentation: Loren Brandt, Gueorgui Kambourov, Kjetil Storesletten

Sharing High Growth Across Generations: Pensions and Demographic Transition in China

Presentation: Zheng Song, Kjetil Storesletten, Yikai Wang, Fabrizio Zilibotti

Session 4: Assets

Demystifying the Chinese Housing Boom

Presentation: Hanming Fang, Quanlin Gu, Wei Xiong, Li-An Zhou

Breaking the Iron Rice Bowl: Evidence of Precautionary Savings from Chinese State-Owned Enterprises Reform

Presentation: Zheng Liu