International Seminar on Macroeconomics
Organized by Jeffrey A. Frankel and Hélène Rey
June 18-19, 2020
on Zoom.us
Thursday, June 18
8:45 am
Log-in
9:00 am
Jeffrey A. Frankel and Hélène Rey/ Welcome plus self-introductions
Chair: Hélène Rey, London Business School and NBER
9:15 am

Covered Interest Parity Deviations: Macrofinancial Determinants

Maurice Obstfeld, Peterson Institute for International Economics and NBER
Eugenio M. Cerutti, International Monetary Fund
Haonan Zhou, The University of Hong Kong (HKU)

Discussants:
Wenxin Du, Harvard University and NBER
Péter Benczúr, Joint Research Centre
10:15 am

Growing Like China: Firm Performance and Global Production Line Position

Kalina Manova, University College London
Davin Chor, Dartmouth College and NBER
Zhihong Yu, Nottingham University

Discussants:
Chang-Tai Hsieh, University of Chicago and NBER
Isabelle Mejean, Sciences Po
11:15 am
Break
Chair: Jeffrey A. Frankel, Harvard University and NBER
11:30 am

Improving Tax Compliance: Setting Target Taxable Margins for Greek Firms

Stefanie Stantcheva, Harvard University and NBER
Yazan Al-Karablieh, International Monetary Fund
Evangelos Koumanakos, Hellenic Open University

Discussants:
Serena Fatica, Joint Research Centre
James R. Hines, University of Michigan and NBER
12:30 pm

Winners and Losers from Sovereign Debt Inflows

Tomas Williams, The George Washington University
Fernando Broner, Center for Research on International Economics
Alberto Martin, CREI, UPF and BSE
Lorenzo Pandolfi, CSEF

Discussants:
Anusha Chari, University of North Carolina at Chapel Hill and NBER
Anna Pavlova, London Business School
1:30 pm
Adjourn
Friday, June 19
9:00 am
Log-in plus Submission Guidelines/ Jeffrey A. Frankel and Hélène Rey
Chair: Pierre-Olivier Gourinchas, University of California at Berkeley and NBER
9:15 am

Monetary Policy Surprises and Exchange Rate Abnormalities

Refet S. Gürkaynak, Bilkent University
A. Hakan Kara, Bilkent University
Burçin Kısacıkoğlu, Bilkent University
Sang Seok Lee, Bilkent University

Discussants:
Mark Gertler, New York University and NBER
Vania Stavrakeva, London Business School
10:15 am

Reviving the Salter-Swan Small Open Economy Model

Stephanie Schmitt-Grohé, Columbia University and NBER
Martín Uribe, Columbia University and NBER

Discussants:
Jeffrey A. Frankel, Harvard University and NBER
Tommaso Monacelli, Bocconi University
11:15 am
Break
Chair: Kenneth West, University of Wisconsin at Madison and NBER
11:30 am

The Puzzling Change in the International Transmission of U.S. Macroeconomic Policy Shocks

Ethan Ilzetzki, London School of Economics and Political Science (LSE)
Keyu Jin, London School of Economics and Political Science (LSE)

Discussants:
Lawrence Christiano, Northwestern University and NBER
Francesco Giavazzi, Bocconi University and NBER
12:30 pm

Using Brexit to Identify the Nature of Price Rigidities

Fernanda Nechio, Federal Reserve Bank of San Francisco
Bart Hobijn, Federal Reserve Bank of Chicago
Adam Shapiro, Federal Reserve Bank of San Francisco

Discussants:
Marco Ratto, European Commission - Joint Research Centre
Kristin Forbes, Massachusetts Institute of Technology and NBER
1:30 pm
Adjourn
FORMAT:
1 hour per paper (20 minutes presentation, 12 minutes each discussant)