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<![endif]><o:p></o:p></span></p> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=625 style='width:468.75pt;mso-cellspacing:0in;mso-yfti-tbllook:1184;mso-padding-alt: 0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:12.0pt'><span style='mso-fareast-font-family: "Times New Roman"'><!--<div id="topstuff" style="text-align:center"> -->Authors, please upload your paper <a href="http://www.nber.org/confsubmit/backend/form?id=ISOM15">here</a>. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>International Seminar on Macroeconomics <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>Program Co-Organizers:<span style='mso-spacerun:yes'>  </span>Francesco <span class=SpellE>Giavazzi</span> and Kenneth West <br> <br> ISOM Co-Chairs:<span style='mso-spacerun:yes'>  </span>Jeffrey Frankel, Francesco <span class=SpellE>Giavazzi</span> and Helene Rey<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='mso-fareast-font-family:"Times New Roman"'>June 26-27, 2015 <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span class=SpellE>Metropol</span><br> <span class=SpellE>Fraumünsterstrasse</span> 12<br> 8001 Zürich, Switzerland<span style='mso-fareast-font-family:"Times New Roman"'> <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6;mso-yfti-lastrow:yes'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <h2 align=center style='text-align:center'><u><span style='font-size:12.0pt; mso-fareast-font-family:"Times New Roman"'>PROGRAM<o:p></o:p></span></u></h2> </td> </tr> </table> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <!-- </div> --> <table class=MsoNormalTable border=0 cellpadding=0 style='mso-cellspacing:1.5pt; margin-left:-.75pt;mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;mso-yfti-lastrow:yes'> <td valign=top style='padding:.75pt .75pt .75pt .75pt'></td> </tr> </table> <p class=MsoNormal><u><span style='mso-fareast-font-family:"Times New Roman"'><a href="part.pdf">Participant List</a><br> <br> <br> Friday, June 26:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></u></p> <table class=MsoNormalTable border=0 cellpadding=0 style='mso-cellspacing:1.5pt; mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>8:30 am<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Registration and Welcome Coffee<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>9:00 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Welcome and Opening Remarks<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 9:15 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Tarek Hassan, University of Chicago and NBER<br> </span><span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'>(joint w/ Thomas Mertens and&nbsp;Tony Zhang)</span><span style='mso-fareast-font-family: "Times New Roman"'><br> </span><i style='mso-bidi-font-style:normal'><span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'><a href="Hassan_Mertens_Zhang.pdf">Not <span class=SpellE>so</span> <span class=SpellE>Disconnected</span>: Exchange Rates and the Capital Stock</a></span></i><u><span style='mso-fareast-font-family: "Times New Roman"'><br> </span></u><span style='mso-fareast-font-family:"Times New Roman"'><br> Discussants:<span style='mso-spacerun:yes'>  </span><br> Charles Engel, University of Wisconsin at Madison and NBER<br> <span class=SpellE>Tommaso</span> <span class=SpellE>Monacelli</span>, Bocconi University<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 10:30 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Coffee Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 10:45 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Lorenzo <span class=SpellE>Bretscher</span>, London School of Economics<br> Christian Julliard, London School of Economics<br> Carlo Rosa, Federal Reserve Bank of New York<br> </span><i style='mso-bidi-font-style:normal'><span lang=FR-CH style='mso-fareast-font-family:"Times New Roman";color:black;mso-ansi-language: FR-CH'><a href="julliard.pdf"><span class=SpellE>Human</span> Capital and International Portfolio Diversification: A <span class=SpellE>Reappraisal</span></a></span></i><span style='mso-fareast-font-family:"Times New Roman"'><br> <br> Discussants:<span style='mso-spacerun:yes'>  </span><br> Laura <span class=SpellE>Bottazzi</span>, Bologna University<br> <span class=SpellE>Sebnem</span> <span class=SpellE>Kalemli-Ozcan</span>, University of Maryland and NBER<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>12:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Lunch<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 1:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:10.0pt;line-height:115%'><span style='mso-fareast-font-family:"Times New Roman"'><br> </span><span style='mso-fareast-font-family:Calibri;mso-fareast-theme-font: minor-latin'>Harris <span class=SpellE>Dellas</span>, University of Bern <br> Dirk <span class=SpellE>Niepelt</span>, University of Bern</span><span style='mso-fareast-font-family:"Times New Roman"'><br> <i style='mso-bidi-font-style:normal'><a href="Dellas_Niepelt.pdf">Sovereign Debt with Heterogeneous Creditors</a><o:p></o:p></i></span></p> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Discussants:<span style='mso-spacerun:yes'>  </span><br> <span class=SpellE><span style='mso-font-kerning:18.0pt;mso-bidi-font-weight: bold'>Davide</span></span><span style='mso-font-kerning:18.0pt;mso-bidi-font-weight: bold'> <span class=SpellE>Debortoli</span>, </span></span><span class=SpellE>Universitat</span> <span class=SpellE>Pompeu</span> <span class=SpellE>Fabra</span><br> <span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'>Jean <span class=SpellE>Imbs</span>, Paris <span class=SpellE>School</span> of <span class=SpellE>Economics</span></span><span style='mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:7'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 2:45 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Coffee Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:8'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Anton <span class=SpellE>Korinek</span>, Johns Hopkins University and NBER<br> <span class=SpellE>Damiano</span> Sandri, International Monetary Fund<br> </span><a href="http://www.korinek.com/download/MacroPruVsCC.pdf"><i>Capital Controls or <span class=SpellE>Macroprudential</span> Regulation? </i></a><span style='mso-fareast-font-family:"Times New Roman"'><br> <br> Discussants:<span style='mso-spacerun:yes'>  </span><br> Enrique Mendoza, University of Pennsylvania and NBER<br> Richard <span class=SpellE>Portes</span>, London Business School and NBER<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:9'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 4:15 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoPlainText><span style='font-size:12.0pt;font-family:"Times New Roman","serif"; mso-fareast-font-family:"Times New Roman"'><br> </span><span lang=FR-CH style='font-size:12.0pt;font-family:"Times New Roman","serif"; color:black;mso-ansi-language:FR-CH'>Javier Bianchi, <span class=SpellE>Federal</span> Reserve Bank of Minneapolis and <span class=GramE>NBER</span><br> (joint w/ <span class=SpellE>Chenxin</span> Liu and Enrique Mendoza)</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";mso-fareast-font-family: "Times New Roman"'><br> </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="http://www.weebly.com/uploads/8/8/5/8/8858198/news.pdf"><i>Phases of Global Liquidity, Fundamentals News, and the Design of <span class=SpellE>Macroprudential</span> Policy </i></a></span><span lang=FR-CH style='font-size:12.0pt;font-family: "Times New Roman","serif";color:black;mso-ansi-language:FR-CH'><o:p></o:p></span></p> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Discussants:<span style='mso-spacerun:yes'>  </span><br> Richard <span class=SpellE>Clarida</span>, Columbia University and NBER<span style='mso-spacerun:yes'>   </span><a href="clarida.pptx">slides</a><br> <span class=SpellE>Damiano</span> Sandri, International Monetary Fund<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:10;height:115.5pt'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt; height:115.5pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>5:30 pm<br> <br> 6:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt;height:115.5pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Adjourn<br> <br> Welcome Address:<o:p></o:p></span></p> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Thomas Moser, Deputy Member of the Executive Board, Swiss National Bank<br> <br> Dinner<br> <span class=SpellE>Zunfthaus</span> <span class=SpellE>zur</span> <span class=SpellE>Zimmerleuten</span><br> <span class=SpellE>Limmatquai</span> 40, Zürich<br> <br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:11'> <td width=628 colspan=2 valign=top style='width:471.0pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><u><span style='mso-fareast-font-family:"Times New Roman"'>Saturday, June 27:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span></u><span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:12'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>8:30 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Welcome Coffee<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:13'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:14'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>9:00 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Luigi <span class=SpellE>Guiso</span>, <span class=SpellE>Einaudi</span> Institute for Economics and Finance <br> Helios Herrera, HEC Montreal<br> Massimo Morelli, Bocconi University and NBER<br> <i><a href="Guiso_Herrera_Morelli.pdf">Cultural Differences and Institutional Integration</a></i><i style='mso-bidi-font-style:normal'><br> </i><br> Discussants:<span style='mso-spacerun:yes'>  </span><br> Tarek Hassan, University of Chicago and NBER<br> Andrei Shleifer, Harvard University and NBER<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span><i style='mso-bidi-font-style:normal'><span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'><o:p></o:p></span></i></p> </td> </tr> <tr style='mso-yfti-irow:15'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>10:15 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Coffee Break<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:16'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>10:30 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Ina <span class=SpellE>Simonovska</span>, University of California at Davis and NBER<br> </span><span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'>(joint w/ <span class=SpellE>Joel</span> David)<i style='mso-bidi-font-style:normal'><br> </i></span><a href="http://www.nber.org/confer/2015/ISOM15/Simonovska_David.pdf"><i>Correlated Beliefs, Correlated Returns, and the Cross-Section of Stock Market Volatility </i></a><span style='mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant:<span style='mso-spacerun:yes'>  </span><br> <span class=SpellE>Kamil</span> Yilmaz, <span class=SpellE>Ko<span style='mso-fareast-font-family:"Times New Roman";mso-fareast-theme-font:minor-fareast'>ç</span></span> University<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:17'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>11:45 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Stephen Hansen, </span><span class=SpellE>Universitat</span> <span class=SpellE>Pompeu</span> <span class=SpellE>Fabra</span><span style='mso-fareast-font-family:"Times New Roman"'><br> Michael McMahon, University of Warwick<br> <i style='mso-bidi-font-style:normal'><a href="Hansen_McMahon.pdf">Shocking Language: Understanding the Macroeconomic Effects of Central Bank</a></i></span><span class=MsoHyperlink><i style='mso-bidi-font-style:normal'><o:p></o:p></i></span></p> <p class=MsoNormal><span class=MsoHyperlink><i style='mso-bidi-font-style: normal'><span style='mso-fareast-font-family:"Times New Roman"'><a href="Hansen_McMahon.pdf">Communication</a></span></i></span><span style='mso-fareast-font-family:"Times New Roman"'><br> <br> Discussants:<br> Carlo <span class=SpellE>Favero</span>, Bocconi University<br> Francisco <span class=SpellE>Ruge</span>-Murcia, McGill University</span><span lang=FR-CH style='color:black;mso-ansi-language:FR-CH'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:18'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> 1:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> Lunch and Adjourn<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:19'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Walking Tour of Old Town<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:20'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>(participants should meet in lobby of </span>Hotel <span class=SpellE>Glärnischhof</span>)<span style='mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:21'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:22;mso-yfti-lastrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>5:15 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'>Boat Trip on Lake Zürich with Dinner<br> (departure from <span class=SpellE>Bürkliplatz</span>)<o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal><span style='mso-fareast-font-family:"Times New Roman"'><br> <span style='mso-tab-count:1'>            </span></span><span style='mso-fareast-font-family: Calibri;mso-fareast-theme-font:minor-latin'><o:p></o:p></span></p> <p class=MsoNormal style='margin-top:12.0pt;mso-margin-bottom-alt:auto; mso-para-margin-top:1.0gd;mso-margin-bottom-alt:auto'><span style='mso-fareast-font-family: "Times New Roman"'><a href="General_Information_ISoM.pdf">General Information</a><br> <br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span><b style='mso-bidi-font-weight:normal'><span style='font-size: 11.0pt;mso-fareast-font-family:SimSun;mso-fareast-language:ZH-CN'><o:p></o:p></span></b></p> <p class=MsoNormal style='margin-top:12.0pt;mso-margin-bottom-alt:auto; mso-para-margin-top:1.0gd;mso-margin-bottom-alt:auto'><b style='mso-bidi-font-weight: normal'><span style='font-size:11.0pt;mso-fareast-font-family:SimSun; mso-fareast-language:ZH-CN'>Emergency contact</span></b><span style='font-size: 11.0pt;mso-fareast-font-family:SimSun;mso-fareast-language:ZH-CN'>:</span><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> <p class=MsoNormal><b><span style='font-size:11.0pt;mso-fareast-font-family: "Times New Roman"'>Ms. Monika <span class=SpellE>Gysi</span>/ Swiss National Bank</span></b><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> <p class=MsoNormal><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'>Research Coordination<o:p></o:p></span></p> <p class=MsoNormal><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'>T +41 58 631 35 28<o:p></o:p></span></p> <p class=MsoNormal><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'><a href="mailto:monika.gysi@snb.ch">monika.gysi@snb.ch</a><o:p></o:p></span></p> <p class=MsoNormal><span style='font-size:11.0pt;mso-fareast-font-family:"Times New Roman"'>&nbsp;<o:p></o:p></span></p> <p class=MsoNormal style='margin-bottom:10.0pt;line-height:115%'><span style='mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </div> </body> </html>