09:30~09:40　 Registration

09:40~09:45　 Opening Session
　　　　　　　Opening Remarks: Joon‐Kyung KIM President, KDI
　　　　　　　Congratulatory Remarks: Kang H. Park KAEA

09:45~10:45　 Session 1. Banking and Finance
　　　　　　　Chair Sang‐Moon Hahm KDI School

9:45~10:15　　Presentation: How competitive and stable is the commercial banking industry in China after
　　　　　　　　　　　　　 bank reforms?
　　　　　　　　　　　　　　Kang H. Park Southeast Missouri State Univ.
　　　　　　　Discussant:  Jinsoo Lee KDI School

10:15~10:45　 Presentation: Credit Cycle and Balancing Capital Gap: Evidenced from the Korean Data
　　　　　　　　　　　　　　Joonhyuk Song Hankuk University of Foreign Studies
　　　　　　　Discussant: Kang H. Park Southeast Missouri State Univ

10:45~11:00　 Coffee Break

11:00~12:00　 Session 2. Macroeconomics
　　　　　　　Chair Moon‐Soo Kang KDI School

11:00~11:30　 Presentation: Government Spending Shocks and Private Activity: The Role of Sentiments
　　　　　　　　　　　　　　Hyeongwoo Kim Auburn Univ.
　　　　　　　Discussant: Sang‐Moon Hahm KDI School

11:30~12:00　 Presentation: Analysis of the Structural Change in Household Debt Distribution by Age of
　　　　　　　　　　　　　Householder in Korea and the US
　　　　　　　　　　　　　　Jiseob Kim KDI
　　　　　　　Discussant: Joonhyuk Song Hankuk University of Foreign Studies

12:00~13:30　 Luncheon

13:30~14:30　 Session 3. Labor Market and Technological Advancement
　　　　　　　Chair Jungho Yoo KDI School

13:30~14:00　 Presentation: Labor Share Decline and the Capitalization of Intellectual Property
　　　　　　　　　　　　　　Dongya Koh Univ. of Arkansas
　　　　　　　Discussant: Jiwoon Kim KDI

14:00~14:30　 Presentation: Interindustry Wage Differentials, Technology Adoption, and Job Polarization
　　　　　　　　　　　　　　Myungkyu Shim Shanghai Univ. of Finance and Economics
　　　　　　　Discussant: WooRam Park KDI

14:30~14:50　 recess

14:50~15:50 　Session 4. Quantitative Approaches
　　　　　　　Chair Hyeongwoo Kim Auburn Univ.

14:50~15:20　 Presentation: Comparing Nested Predictive Regression Models with Persistent Predictors
　　　　　　　　　　　　　　Tae Hwy Lee Univ. of California, Riverside
　　　　　　　Discussant: Tae Suk Lee KDI

15:20~15:50　 Presentation: Have Mismatches Lowered Korean Young Men's Employment Rate?
　　　　　　　　　　　　　　Kyungsoo Choi KDI
　　　　　　　Discussant: Myungkyu Shim Shanghai Univ. of Finance and Economics