International Finance and Macroeconomics Program Meeting
Organized by Kristin Forbes and Hélène Rey
March 9, 2012
Royal Sonesta Hotel

Friday, March 9

1

Foreign Ownership of U.S. Safe Assets: Good or Bad?

Jack Favilukis, University of British Columbia
Sydney C. Ludvigson, New York University and NBER
Stijn Van Nieuwerburgh, Columbia University and NBER

2

Financial Intermediation, International Risk Sharing, and Reserve Currencies

Matteo Maggiori, Stanford University and NBER

3

The Missing Wealth of Nations: Are Europe and the U.S. Net Debtors or Net Creditors?

Gabriel Zucman, University of California, Berkeley and NBER

4

Quantitative Easing, Portfolio Choice and International Capital Flows

Marcel Fratzscher, DIW Berlin
Roland Straub, European Central Bank

5

Do Phoenix Miracles Exist? Role of Financial Markets in Firm-Level Recovery from Financial Crises

Meghana Ayyagari, The George Washington University
Asli Demirguc-Kunt, The World Bank
Vojislav Maksimovic, University of Maryland, College Park

6

Sovereign Debt, Government Myopia and the Financial Sector

Viral V. Acharya, New York University and NBER
Raghuram Rajan, University of Chicago and NBER

7

Vulnerable Banks

Robin Greenwood, Harvard University and NBER
Augustin Landier, HEC Paris
David Thesmar, Massachusetts Institute of Technology and NBER