International Finance and Macroeconomics Program Meeting
Organized by Guido Lorenzoni, Vivian Yue, and Pierre-Olivier Gourinchas
October 26, 2018
Royal Sonesta Hotel, University B&C Room, 40 Edwin H. Land Boulevard, Cambridge, MA
Thursday, October 25
6:30 pm
Dinner - Bambara Restaurant at Hotel Marlowe (across the street from the Royal Sonesta Hotel)
Friday, October 26
8:00 am
Continental Breakfast
FORMAT: 30 minutes for the presenter; 12 minutes for the discussant; 8 minutes for open discussion
8:30 am

The Global Trade Slowdown: Trade and Growth, Cause and Effect

George A. Alessandria, University of Rochester and NBER
Carter B. Mix, Federal Reserve Board of Governors

Discussant:
Ricardo M. Reyes-Heroles, Federal Reserve Bank of Dallas
9:20 am

Monetary Policy, Capital Controls, and International Portfolios (slides)

Pablo Sebastian Fanelli, CEMFI

Discussant:
Dmitry Mukhin, London School of Economics and Political Science (LSE)
10:10 am
Break
10:30 am

The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis

Pierre-Olivier Gourinchas, International Monetary Fund and NBER
Philippe Martin, Sciences Po
Todd E. Messer, Federal Reserve Board of Governors

Discussant:
Javier Bianchi, Federal Reserve Bank of Minneapolis
11:20 am

Inflation Targeting with Sovereign Default Risk (slides)

Cristina Arellano, Federal Reserve Bank of Minneapolis
Yan Bai, University of Rochester and NBER
Gabriel P. Mihalache, The Ohio State University

Discussant:
Giancarlo Corsetti, European University Institute
12:10 pm
Lunch- Somerset Room
1:10 pm

The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico

Anusha Chari, University of North Carolina at Chapel Hill and NBER
Ryan Leary, University of North Carolina at Chapel Hill
Toan Phan, Federal Reserve Bank of Richmond

Discussant:
Ṣebnem Kalemli-Özcan, Brown University and NBER
2:00 pm
Break
2:20 pm

Currency Choice in Contracts

Andres Drenik, University of Texas at Austin and NBER
Rishabh Kirpalani, University of Wisconsin - Madison
Diego Perez, New York University and NBER

Discussant:
Alessandro Dovis, University of Pennsylvania and NBER
3:10 pm

The Center and the Periphery: Two Hundred Years of International Borrowing Cycles

Graciela L. Kaminsky, The George Washington University and NBER

Discussant:
Alan M. Taylor, Columbia University and NBER
4:00 pm
Adjourn