HUI
TONG
|
International
Monetary Fund |
Tel:
1. 202. 623. 9542 Email:
htong@imf.org |
Economist, Research Department, IMF, Oct 2006--Oct 2007, Oct 2008--
Economist, North American Division (U.S./Canada), IMF, Oct 2007--Oct 2008
Economist, International Finance Division, Bank of
Ph.D. Economics,
(Dissertation
Title: Essays on Financial Instability in Emerging Markets)
(Dissertation Committee: Barry Eichengreen (Chair),
Richard Lyons,
Daniel McFadden,
and Maurice Obstfeld)
M.A. Economics,
B.A. Economics,
FIELDS OF INTERESTS
International Economics, Macroeconomics, Financial Economics
PUBLICATIONS:
“The
Composition Matters: Capital Inflows and Liquidity Crunch during a Global
Economic Crisis”, Review of Financial Studies, forthcoming
IMF WP
09/164, NBER WP 15207, with Shang-Jin Wei, 2009
“Disclosure
Standards and Market Efficiency: Evidence from Analysts’ Forecasts”
Journal of International Economics (May
2007)
“Response to ‘Social Value
of Public Information: Morris and Shin (2002) Is Actually Pro Transparency, Not
Con’”, with Stephen Morris and Hyun Song Shin;
American
Economic Review (March 2006)
“The
Interactions between Debt and Currency Crises-Common Causes or Contagion?”
Review of International Economics (2008), with Bernhard Herz
“Is China’s FDI Coming at the Expense of Other
Countries?” with Barry Eichengreen
Journal of the Japanese and
International Economies (July 2007),
NBER WP 11335, NBER Digest Oct 2005;
Updated and Reprinted in
Foreign Direct Investment in
“Fear of
China”, with Barry Eichengreen,
Journal of Asian Economics (April
2006)
“The
Impact of China on the Exports of Other Asian Countries”
with Barry
Eichengreen, Yeongseop Rhee, NBER WP 10768
Review
of World Economics (Weltwirtschaftliches Archiv, 2007 (2))
“Bilateral FDI
Flows: Threshold Barriers and Productivity Shocks”,
with Assaf Razin, Efraim Sadka, 2008, NBER WP11639
CESifo Economic Studies (August 2008)
“How
China Is Reorganizing the World Economy” with Barry
Eichengreen,
Asian
Economic Policy Review (June 2006, Inaugural Issue)
“Stock Market
Volatility and Monetary Policy: What the Historical Record Shows”
Asset Prices and Monetary Policy,
with Barry Eichengreen, in Tony Richards and
Tim Robinson (eds), Reserve Bank of
WORKING
PAPERS
“
With Tam Bayoumi and Shang-Jin Wei,
2009
“Real Effects of
the Subprime Mortgage Crisis: Is It a Demand or a Finance Shock?”,
With Shang-Jin Wei, 2008. NBER WP 14205; IMF WP 08/186
“Liquidity, Institutional Quality
and the Composition of International Equity Outflows”,
with Itay Goldstein,
Assaf Razin, 2007, NBER WP 13723
(Revised for Journal
of International Economics)
“Creditor
Protection and Stock Price Volatility”, with Galina Hale, Assaf
Razin, CEPR DP 6540
“Foreign Trade Liberalization and
Corporate Financial Disclosure”, with Shang-Jin
Wei
MEDIA COVERAGES
Financial Times (August
10, 2009): “Ring-fence
cross-border financial institutions”.
Wall
Street Journal (October 22, 2008): “Economists Find
Some Sense In A Volatile Market”.
& Dow Jones Newswires
(October 22, 2008) & Dows Jones Tomorrow’s News
Today
Wall Street Journal (August
7, 2008): “Fed
Moves Beat Stimulus in Boosting Economy”.
Dow
Jones NewsPlus (August 7, 2008): “Liquidity
Measures Best Way To Address Subprime”.
Econbrowser (December 18, 2008): “Credit
Crunch or Not”.
Foreign Policy (July 28, 2008): “Why Subprime Is Worse Than
9/11”
Portfolio
(July 25, 2008): “Chart of the Day: 9/11 Vs. Subprime Shocks”
21st
Century Business Herald (Oct 27, 2008): “破除“二分法”迷雾 重塑健康的生产结构”
Conferences:
Yale
University/Review of Financial Studies conference on financial crisis (09), Conference
on “Financial Markets: How Real?” at Univ of Illinois
at Chicago (09), 16th Mitsui
Finance Symposium at Univ of Michigan (09), Conference
on Global Financial Turmoil at Hong Kong Monetary Authorities (09), American Finance Association (09), IMF
Annual Research Conference (08), The Fourth NY Fed/NYU Stern Conference on
Financial Intermediation (08), American
Economic Association (08, 07, 06, 05), Society for Economic Dynamics
(07), CESifo Conference on Productivity and Growth
(07), Econometric Society (06, 05),
Capital Market Integration in Asia (05 Geneva), Royal Economic Society (05),
Emerging Markets Finance (05 Virginia)
Institutions:
Cornell University, Bank
of Finland, Oesterreichische Nationalbank, Norges
Bank, Bank of England, Bank of Japan,
Japan Center for Economic Research, Cambridge University, Oxford
University, London School of Economics,
UC San Diego