Friday, March 11
8:30 am
Continental Breakfast
9:00 am

Preemptive Policies and Risk-Off Shocks in Emerging Markets (slides)

Mitali Das, International Monetary Fund
Gita Gopinath, International Monetary Fund
Ṣebnem Kalemli-Özcan, Brown University and NBER

Discussant:
Charles Engel, University of Wisconsin - Madison and NBER
10:00 am
Break
10:15 am

Foreign Reserves Management and Original Sin

Michael B. Devereux, University of British Columbia and NBER
Steve Pak Yeung Wu, University of California, San Diego

Discussant:
Javier Bianchi, Federal Reserve Bank of Minneapolis
11:15 am

Information Frictions, Reputation, and Sovereign Spreads

Juan M. Morelli, Federal Reserve Board of Governors
Matias Moretti, University of Rochester

Discussant:
Harold L. Cole, University of Pennsylvania and NBER
12:15 pm
Lunch - Somerset Room
1:15 pm

Granular Investors and International Bond Prices: Scarcity Induced Safety

Ester Faia, Goethe University Frankfurt
Juliana Salomao, University of Minnesota and NBER
Alexia Ventula Veghazy, European Central Bank

Discussant:
Gordon Y. Liao, Circle
2:15 pm

Currency Hedging: Managing Cash Flow Exposure

Laura Alfaro, Harvard University and NBER
Mauricio Calani, Central Bank of Chile
Liliana Varela, London School of Economics and Political Science (LSE)

Discussant:
Galina Hale, University of California, Santa Cruz and NBER
3:15 pm
Break
3:45 pm

Beyond Incomplete Spanning: Convenience Yields and Exchange Rate Disconnect

Zhengyang Jiang, Northwestern University and NBER
Arvind Krishnamurthy, Stanford University and NBER
Hanno Lustig, Stanford University and NBER
Jialu Sun, Kellogg School of Management

Discussant:
Andrew Atkeson, University of California, Los Angeles and NBER
4:45 pm

Exchange Rate Disconnect Redux (slides)

Ryan Chahrour, Cornell University
Vito Cormun, Santa Clara University
Pierre De Leo, University of Maryland, College Park
Pablo A. Guerrón-Quintana, Boston College
Rosen Valchev, Boston College and NBER

Discussant:
Mikkel Plagborg-Møller, Princeton University
5:45 pm
Adjourn