About this conference
Third annual workshop of the Asian Research Networks on "The international financial crisis: Impact and policy lessons in Asia and the Pacific", organised by the Bank of Japan, Center for Monetary Cooperation in Asia and the Bank for International Settlements, Tokyo, Japan, 25 March 2010.
Day 1 - 25 March
| Monetary Policy Effects on Liquidity Crunch in Late 2008: High-Frequency Model of Differentials between Swap-Implied Funding Costs and Money Market Rates | Matthew S. Yiu (HKMA), Wai-Yip Alex Ho (HKMA and Boston University), Lu Jin (HKMA) and Joseph K. W. Fung (Hong Kong Baptist University and HKIMR) Discussant: Geun-Young Kim (BOK) |
| Global contagion of volatilities and volatility risk premia | Yoshihiko Sugihara (BOJ) Discussant: Michael Davies (RBA) |
| A Liquidity Risk Stress-Testing Framework with Interaction Between Market and Credit Risks | Eric Wong and Cho-Hoi Hui (HKMA) Discussant: Naohiko Baba (BOJ) |
| Market Liquidity Risk as an Indicator of Financial Stability: The Case of Indonesia | Wimboh Santoso, Cicilia A. Harun, Taufik Hidayat and Hero Wonida (BI) Discussant: Leo Krippner (RBNZ) |
| Measuring Systemic Risk and Financial Linkages in the Thai Banking System | Rungporn Roengpitya and Phurichai Rungcharoenkitkul (BOT) Discussant: Haibin Zhu (BIS) |
| Loan Loss Provisioning and the Business Cycle: Does Capital Matter? Evidence from Philippine Banks | Danvee Floro (BSP) Discussant: Frank Packer (BIS) |
| Procyclical management of non-performing loans by the Indian public sector banks | B M Misra and Sarat Dhal (RBI) Discussant: Daniel Wang (MAS) |
Panelists: Xuechun Zhang (PBC) Shinobu Nakagawa (BoJ) Sungwon Lee (FSS, Korea) Titanun Mallikamas (BOT)
Day 2 - 26 March
| The recent financial market crisis: the impact on banks' funding costs, lending rates, interest margins and on monetary policy transmission | Michael Davies (RBA) Discussant: Hasni Sha'ari (BNM) |
| Impacts of financial factors on emerging market business cycle fluctuations | Ashvin Ahuja, Suchot Piamchol, Paiboon Pongpaichet, Tanawat Ruenbanterng and Surach Tanboon (BOT) Discussant: Shinobu Nakagawa (BOJ) |
| Does bank credit channel of monetary policy matter in the Philippines? | Veronica Bayangos (BSP) Discussant: Adrian Ng (MAS) |
| Financial integration and economic growth: an empirical analysis using international panel data from 1974-2007 | Mitsuhiro Osada and Masashi Saito (BOJ) Discussant: Leo Krippner (RBNZ) |
| The road to recovery: how much can fiscal stimulus and financial rehabilitation contribute? | Zhiwei Zhang and Wenlang Zhang (HKMA) Discussant: Sahminan Sahminan (BI) |
| Double drain, risk of recession and monetary policy in small open economies | Geun-Young Kim (BOK) Discussant: James Yetman (BIS) |
| The urban-rural differences of inflation in China | Xuechun Zhang (PBC) Discussant: K.U.B. Rao (RBI) |