Program

  1. 컨퍼런스
  2. 공동 컨퍼런스
  3. BOK-BIS Conference 2018
  4. Program

2018 BOK-BIS Joint Conference

Asia-Pacific fixed income markets: evolving structure, participation and pricing

Venue: Diamond Hall, 22F, The Plaza Hotel Seoul, Seoul


Sunday, November 18, 2018

  • 19:00-20:30
    Welcome Reception

    [Ruby Hall, 22F, The Plaza Hotel, Seoul]

Monday, November 19, 2018

  • 8:30-9:00
    Coffee and Pastries
  • 9:00-9:10
    Opening Remarks

    Juyeol Lee (Governor, The Bank of Korea)

  • 9:10-9:30
    Photo Session
  • 9:30-10:50
    Paper 1: On the global impact of risk-off shocks and policy-put frameworks
  • Chair

    Hiroto Uehara (Head of International Coordination Division, Bank of Japan)

    Authors

    Ricardo Caballero (Professor, Massachusetts Institute of Technology)

    Gunes Kamber (Senior Economist, BIS)

    Discussant

    Piti Disyatat (Director of Economic Research, Bank of Thailand)

  • 10:50-11:10
    Coffee Break
  • 11:10-12:30
    Paper 2: Determinants of sovereign local currency bond yields: The case of Asia-Pacific
  • Chair

    Mary Jane Chiong (Managing Director, Bangko Sentral ng Pilipinas)

    Authors

    Mikhail Chernov (Professor, UCLA Anderson School of Management)

    Drew Creal (Associate Professor, The University of Norte Dame)

    Peter Hordahl (Principal Economist, BIS)

    Discussant

    Min Wei (Deputy Associate Director, Federal Reserve Board)

  • 12:30-13:50
    Lunch

    [Maple Hall, 4F, The Plaza Hotel, Seoul]

  • 13:50-15:10
    Paper 3: Corporate bond market liquidity in emerging markets : The case of Malaysia
  • Chair

    Mahabala Rajeshwar Rao (Executive Director, Reserve Bank of India)

    Authors

    Allaudeen Hameed (Professor, National University of Singapore)

    Frank Packer (Regional Adviser, BIS)

    Discussant

    Dragon Tang (Professor, Hong Kong University)

  • 15:10-16:30
    Paper 4: The rise of benchmark bonds: de jure and de facto benchmarks in emerging Asia
  • Chair

    Seung Beom Koh (Member of Monetary Policy Board, The Bank of Korea)

    Authors

    Eli Remolona (Visiting Professor, Williams College)

    James Yetman (Principal Economist, BIS)

    Discussant

    Terence Chong (Associate Professor, Chinese University of Hong Kong)

  • 16:30-17:00
    Coffee Break
  • 17:00-18:00
    Keynote Address : The term structures of global yields
  • Chair

    Benoit Mojon (Head of Economic Analysis, BIS)

    Speaker

    Emanuel Mönch (Head of Research, Deutsche Bundesbank)

  • 18:30-20:30
    Conference Dinner

    [FARO Grand, 36F, Mirae Asset Center 1, Seoul]

Tuesday, November 20, 2018

  • 8:00-8:30
    Coffee and Pastries
  • 8:30-9:50
    Paper 5: Local currency bond returns, foreign investors and portfolio flows in emerging markets
  • Chair

    Wook Sohn (Director General, The Bank of Korea)

    Authors

    Giorgio Valente (Senior Economist, Hong Kong Institute for Monetary Research)

    Inhwan So (Economist, Bank of Korea)

    Jason Wu (Head of Economic Research, Hong Kong Monetary Authority)

    Discussant

    Jie (Jay) Cao (Associate Professor, Chinese University of Hong Kong)

  • 9:50-11:10
    Paper 6: Corporate bond use in Asia and the U.S.
  • Chair

    Wook Sohn (Director General, The Bank of Korea)

    Authors

    Gregory Duffee (Professor, Johns Hopkins University)

    Peter Hordahl (Principal Economist, BIS)

    Discussant

    Vidhan Goyal (Professor, Hong Kong University of Science and Technology)

  • 11:10-11:30
    Coffee Break
  • 11:30-12:50
    Paper 7: The role of different institutional investors in Asia-Pacific bond markets during the Taper Tantrum
  • Chair

    Siddharth Tiwari (Chief Representative, BIS)

    Authors

    David Ng (Professor, Cornell University)

    Ilhyock Shim (Principal Economist, BIS)

    Jose Maria Vidal Pastor (BIS)

    Discussant

    Johan Sulaeman (Associate Professor, National University of Singapore)

  • 12:50-14:00
    Lunch

    [Maple Hall, 4F, The Plaza Hotel, Seoul]

  • 14:00-15:20
    Policy Panel: Challenges in fostering Asian local currency bond markets
  • Chair

    Hyun Song Shin (Economic Adviser and Head of Research, BIS)

    Panelists

    Yoga Affandi (Director, Bank Indonesia)

    Joon-Ho Hahm (Professor, Yonsei University)

    Cho-hoi Hui (Division Head, Hong Kong Monetary Authority)

    Amporn Sangmanee (Senior Director, Bank of Thailand)

  • 15:20-15:30
    Closing Remarks

    Hyun Song Shin (Economic Adviser and Head of Research, BIS)

콘텐츠 만족도


담당부서 및 연락처 : 연구조정실 | 02-759-5407
문서 처음으로 이동