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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

International Seminar on Macroeconomics

Hosted by Bank of Lithuania

Jeffrey Frankel and Hélène Rey, Organizers

June 30 - July 1, 2017

Radisson Blu Royal Astorija Hotel, Vilnius
Didzioji 35/2
Vilnius LT-01128, Lithuania


Program


Participant List


Friday, June 30

9:00 am

Welcome and Opening Remarks

9:15 am

Antonio Fatás, INSEAD
Lawrence Summers, Harvard University and NBER
The Permanent Effects of Fiscal Consolidations

Discussants:
Alan Auerbach, University of California at Berkeley and NBER
Ethan Ilzetzki, London School of Economics

10:30 am

Break

10:45 am

Wenxin Du, Federal Reserve Board
Joanne Im, Federal Reserve Board
Jesse Schreger, Harvard University and NBER
The U.S. Treasury Premium

Discussants:
Annette Vissing-Jorgensen, University of California at Berkeley and NBER
Carlo Favero, Bocconi University

12:00 pm

Lunch

1:30 pm

Cristina Arellano, Federal Reserve Bank of Minneapolis and NBER
Yan Bai, University of Rochester and NBER
Gabriel Mihalache, Stony Brook University
Default Risk, Sectoral Reallocation, and Persistent Recessions

Discussants:
Alessandro Dovis, University of Pennsylvania and NBER
Nuno Coimbra, Paris School of Economics

2:45 pm

Break

3:00 pm

Thomas Drechsel, London School of Economics
Silvana Tenreyro, London School of Economics
Commodity Booms and Busts in Emerging Economies

Discussants: Alberto Cavallo
, Massachusetts Institute of Technology and NBER
Tommaso Monacelli, Bocconi University

4:15 pm

Marc Flandreau, University of Pennsylvania
Sovereign Debt Enforcement and Sovereign Immunity: Historical Evidence on the Role of Financial Engineering and Legal Innovation

Discussants: Kris Mitchener, Santa Clara University and NBER
Christoph Trebesch,
University of Munich

5:30 pm

Speaker/ Panel to be announced

6:00 pm

Adjourn

7:00 pm

Dinner
Skybar (22nd Floor)
Radisson Blu Hotel Lietuva
Konstitucijos pr. 20, LT - 09308 Vilnius

 



Saturday, July 1



9:00 am

Jonas Heipertz, Paris School of Economics
Amine Ouazad, University of Montreal
Romain Ranciere, University of Southern California and NBER
Natacha Valla, European Investment Bank
Balance-Sheet Diversification in General Equilibrium: Identification and Network Effects

Discussants:
Ralph Koijen, New York University and NBER
Tarun Ramadorai, Imperial College London

10:15 am

Break

10:30 am

Bartosz Mackowiak, European Central Bank
Marek Jarocinski, European Central Bank
Monetary-Fiscal Interactions and the Euro Area’s Malaise

Discussants:
Pierre-Olivier Gourinchas, University of California at Berkeley and NBER
Jordi Gali, CREI and NBER

11:45 am

Ambrogio Cesa-Bianchi, Bank of England
Andrea Ferrero, University of Oxford
Alessandro Rebucci, Johns Hopkins University and NBER
International Credit Supply Shocks

Discussants:
Alan Taylor, University of California at Davis and NBER
Julian di Giovanni, Universitat Pompeu Fabra

1:00 pm

Lunch and Adjourn

3:00 pm

Guided Sightseeing Tour of Vilnius (meet in hotel lobby)

5:30 pm

Dinner at Ertlio Namas Restaurant (Šv. Jono g. 7, Vilnius)

 

 

VENUE & ACCOMMODATION


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