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Monday, May 20 | |
9:00 am |
Arbitraging Covered Interest-Rate Parity Deviations and Bank Lending |
Break
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10:15 am |
A Quantitative Theory of Hard and Soft Sovereign Defaults |
Break
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11:30 am |
Inelastic Demand Meets Optimal Supply of Risky Sovereign Bonds |
Break
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2:00 pm |
Sectoral Development Multipliers |
Adjourn
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3:15 pm |
Devaluations, Deposit Dollarization, and Household Heterogeneity |
Break
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4:30 pm |
Tax Revolts and Sovereign Defaults
Discussant:
Leonardo Martinez, International Monetary Fund |
Adjourn
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Tuesday, May 21 | |
9:00 am |
Monetary Policy and the Short-Rate Disconnect in Emerging Economies
Discussant:
Pablo Ottonello, University of Maryland and NBER |
Break
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10:15 am |
The Surge in Emerging Markets' International Reserves and the Rise in Global Volatility
Discussant:
Luis Gonzalo Llosa Velásquez, Universidad del Pacífico |
Break
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11:30 am |
Capital Flows, Structural Change, and Productivity Growth
Discussant:
Juan M. Sanchez, Federal Reserve Bank of St. Louis |
Lunch
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2:00 pm |
Inflation and Capital Flows |
Break
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3:15 pm |
Models of Balance of Payments Crisis with Capital Controls
Discussant:
Manuel Amador, University of Minnesota and NBER |
Break
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4:30 pm |
Policy Panel: Fiscal and Monetary Challenges in Emerging Markets
Timothy Kehoe, University of Minnesota and NBER Federico Sturzenegger, Universidad San Andres Jose Uribe, Executive President of FLAR Julio Velarde, Governor of the Central Bank of Peru |