April 24th - 26th 2020



From April 24th to 26th 2020, the Center for Financial Development and Stability (CFDS) at Henan University and the International Network for Economic Research (INFER) will organize their 6th annual Workshop on Applied Macroeconomics hosted by Henan University.

Since the economic reforms in 1978, China has ascended to the second largest economy on the globe (the largest when looking at purchasing power adjusted values). The financial markets have been growing correspondingly, and by the end of 2017, the Chinese bond market had become the third largest fixed income market in the world. That makes the People’s Bank of China (PBoC) who is in charge of both monetary policy and to a large extent for financial market regulation one of the most important central banks of the world.

This year, we specifically invite papers dealing with the Chinese monetary and financial system. However, as always, papers from all areas of applied macroeconomics are highly welcomed.



Please submit your paper or extended abstract by December 15th 31st, 2019 via conferencemaker, preference will be given to full papers. The authors will be informed about acceptance by January 15th, 2020.


Special issue

Selected, excellent papers will be considered for a special issue in China Economic Review. Those papers will be subject to additional double blinded peer review. Authors of accepted papers need to decide during the conference registration if they want their paper to be considered for the special issue.


Keynote lectures


Helmut Lütkepohl

Prof. Helmut Lütkepohl

Bundesbank Professor at the Freie Universität Berlin and Dean of the DIW Berlin Graduate Center

Song Michael Zheng1

Prof. Song (Michael) Zheng

Chinese University of Hong Kong, Department of Economics /
Co-Director, CUHK-Tsinghua Joint Research Center for Chinese Economy


Travel and accommodation

Please arrange your arrival in Kaifeng on April 23rd, since we will schedule presentations all day on April 24th and 25th. Rooms including breakfast are available at the conference venue (Lavenda Dream Hotel Kaifeng) for a special conference rate of 328 RMB (about 46 USD or 42 EUR). Lunch and dinner are provided for all participants of accepted papers by Henan University from the evening of the 23rd to the evening of the 25th.


Social event

On April 26th (Sunday), Henan University will organize a social event to visit the Residence of Kang Bai Wan (康百万庄园 - Kang the Billionaire) in Gongyi. The fee will be around 500 RMB (about 70 USD or 65 EUR). 


Organizing Committee

Makram EL-SHAGI (HenU / IWH)

ZHANG Lin (HenU)

Contact / Support

Kerstin EL-SHAGI (HenU)                                     

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Scientific Committee

Makram EL-SHAGI (HenU / IWH)

ZHANG Lin (HenU)


Jarko FIDRMUC (Zeppelin University)          


JIANG Lunan (HenU)

Mehrab KIARSI (HenU)

SUN Rongrong (HenU)

Camelia TURCU (Univ. Orleans/INFER)