The Department of Economics hosted the NUS Macro Workshop on the 2^nd and 3^rd of May, 2024. Organized by Feng Ying, Paul Jackson, Liu Chang, Jordan Roulleau-Pasdeloup and Zhang Donghai, the workshop brought together researchers from universities and central banks worldwide to discuss macroeconomic research on topics such as monetary policy, human capital, and growth. Xiaodong Zhu from the University of Hong Kong delivered the keynote address titled, “Bottom-up Institutional Change and Growth: Theory and Evidence from China”

Here are the titles of the papers that were presented at the workshop along with the names of the presenters:

News Selection and Household Inflation Expectations 

Daniel Wilson (Federal Reserve Bank of San Francisco)

Endogenous Persistence at the Effective Lower Bound 

Jordan Roulleau-Pasdeloup (National University of Singapore)

What to Expect from Cumulative FOMC Announcements: An Analysis of Global Interest Rates 

Zehao Li (Chinese University of Hong Kong - Shenzhen)

Dissecting the International Transmission of U.S. Monetary Policy 

Yang Jiao (Singapore Management University)

Fiscal Cyclicality and the Information Channel of Government Spending Shocks 

Shengliang Ou (Shanghai University of Finance and Economics)

How Oil Shocks Propagate: Evidence on the Monetary Policy Channel 

Wataru Miyamoto (University of Hong Kong)

Monetary Policy Tradeoffs at the Zero Lower Bound 

Keynote address by Bruce Preston (University of Melbourne)

Market power, growth, and inequality 

Pontus Rendahl (Copenhagen Business School)

Growth Accounting at the States 

Chang Liu (National University of Singapore)

Robots and Technological Unemployment 

Michelle Rendall (Monash University)

Alumni as Assets: Legacy Preferences and Donations in a Dynamic Model of Elite Colleges 

Kazushige Matsuda (Keio University)

Secular Drivers of the Natural Rate of Interest in the U.S.: A Quantitative Evaluation 

Marcel Peruffo (University of Sydney)

The Wealth of Working Nations

Wen Yao (Tsinghua University)