Friday, January 17: Room 805, School of Economics, Fudan University Note: Each presentation is 20 minutes, followed by 10-minute comments. 9:00-9:05 Welcome Remarks Lijian Sun, Associate Dean, Professor of Finance, School of Economics, Fudan University 9:05-10:35 Morning Session 1 Chair: Doowon Lee, Professor, Yonsei University Abenomics, Financial Regulations and SME Finance in Asia Naoyuki Yoshino, Professor, Keio University Discussant: Prof. Lijian Sun, Fudan University China's economic challenges and opportunities under the new leadership Qi Zhang, Associate Professor, Fudan University Discussant: Prof. Doowon Lee, Yonsei University Can China Avoid the Middle-Income Trap? Prof. Doowon Lee & Mr. Ilgyu Han, Yonsei University Discussant: Prof. Qi Zhang, Fudan University 10:35-10:50 Coffee Break 10:50-12:00 Morning Session 2 Chair: Prof. Naoyuki Yoshino, Keio University Inflation Targeting and Predictability of Term Spreads for Future Inflation Seonghoon Cho, Professor, Yonsei University Discussant: Prof. Naoyuki Yoshino, Keio University Infrastructure investment and economic growth Mr. Umid Abidhadjaev, Graduate Student, Keio University Discussant: Prof. Seonghoon Cho, Yonsei University 12:00 Group Photo at the entrance of the School of Economics 12:00-13:30 Lunch hosted by Fudan University (Crowne Plaza Hotel, 199 Handan Rd., Shanghai) 13:30-14:30 Afternoon Session 1 Chair: Shun-ichiro Bessho, Professor, Keio University Competition in Health Care Market: A Chinese Study Ting Li, Associate Professor, Fudan University Discussant: Shandre M. Thangavelu, Associate Professor, National University of Singapore Materials and Services Outsourcing and Labour Productivity in Singapore Manufacturing Prof. Shandre M. Thangavelu, National University of Singapore Discussant: Prof. Ting Li, Fudan University 14:30-14:45 Coffee Break 14:45-16:50 Afternoon Session 2 Chair: Jin Seo Cho, Professor, Yonsei University Should Japanese tax system be more progressive? An evaluation with the simulated SMCFs based on a discrete choice model of labor supply Shun-ichiro Bessho, Professor, Keio University Discussant: Prof. Jin Seo Cho, Yonsei University Testing Linearity Using Power Transforms of Regressors Prof. Jin Seo Cho, Yonsei University Discussant: Prof. Shun-ichiro Bessho, Keio University An empirical analysis of US banking behavior and agression through periods of financial instability Ms. Nour Tawk, Graduate Student, Keio University Discussant: Mr. Cai Xiqian, PhD Student, National University of Singapore R&D Spending and Financial Constraints: evidence from Chinese listed companies Mr. Cai Xiqian, National University of Singapore Discussant: Ms. Nour Tauk, Keio University 16:45 Closing Remarks Prof. Doowon Lee, Yonsei University