CFDS Kick-Off Meeting

Kick-Off Meeting of the
Center for Financial Development and Stability at Henan University

October 18th, 2017
School of Economics - Henan University

On October 18^th, 2017, the Center for Financial Development and Stability at Henan University – short CFDS – successfully held its Kick-Off meeting.

The director of the CFDS – Makram El-Shagi, Dean of the School of Economics – Song Bingtao, and Mao Liqun – Vice Dean of the International Affairs Office- gave the opening speeches and together uncover the centers plaque. The Center members welcomed the President of the Halle Institute of Economic Research (IWH) – Prof. Dr. Reint E. Gropp and Prof. Dr. Jarko Fidrmuc, who holds the Chair of International Politics at Zeppelin University in Friedrichshafen, Germany, during the Kick-Off Meeting. The CFDS will start research cooperation’s with the IWH as well as Zeppelin University and was honored to welcome both professors for the kick-off meeting.

Program

9:00 – 9:15 am	Welcome Speech Makram El-Shagi, Bingtao Song, Liqun Mao
Session I
9:15 - 9:45 am	Limited Penetration of Governance and Conflict in Sub-Saharan Africa Shahriar Kibriya / ZHICHENG (PHIL) XU / Yu Zhang
9:45 – 10:15 am	Compensation Negotiation and Corporate Governance: The Evidence from China XINJUN LYU
10:15 - 10:45 am	Development Aid and Export Performance: Chinese Engagement in Africa JARKO FIDRMUC / Theresa Wiedmann / Xiaoye Pu
10:45 – 11:00 am	Coffee Break
Session II
11:00 - 11:30 am	Fiscal Incentives and Land Finance Cycles of Prefectures in China TSUN-FENG (TED) CHIANG / Jack Hou / Pi-Han (Christine) Tsai
11:30 - 12:00 am	Common Banks Across Heterogeneous Regions Enzo Dia / Lunan Jiang / Lorenzo Menna / LIN ZHANG
12:00 - 12:30 pm	To Be Direct or Indirect Exporter: A Spatial Durbin Probit Approach QIANQIAN WANG
12:30 – 2:30 pm	Lunch Break
Session III
2:30 – 3:00 pm	The Chinese Yield Curve(s) Makram El-Shagi / LUNAN JIANG
3:00 – 3:30 pm	Interest Regulation, Moral Hazard and Violence: a Study of Private Credit in Qing China Zhiwu Chen / Zhan Lin / KAIXIANG PENG
3:30 – 4:00 pm	Retail-Interest-Rate Controls in China and Monetary Transmission to Market Interest Rates RONGRONG SUN
4:00 – 4:15 pm	Introduction of our cooperation partners’ institutions
4:15 – 5:00 pm	Coffee Break with Poster Presentations
Session IV
5:00 – 5:30 pm	Why they keep missing: Rational Inattention in Sovereign Bond Ratings MAKRAM EL-SHAGI / Gregor von Schweinitz
5:30 – 6:00 pm	Political Institutions and Bailouts JAN KLINGELHÖFER
6:00 – 6:30 pm	Finance and Productivity REINT E. GROPP
Poster Presentations Debt burden and financial accelerator under fixed interest rate BING TONG / Zhiwei Xu The Continued Duration of Institutional Investors’ Stock Ownership and Firm Performance HENGZHAN XIN Money Demand in China: A Meta-Study Makram El-Shagi / YIZHENG ZHUANG Financing Heterogeneity, Credit Rating and the Cost of Debt Issuance DEKE GENG Don’t Touch My Cheese: Short Selling Pressure, Executive Compensation Justification and Real Earnings Management FEI LIU / Jianhua Du Impressions