International Seminar on Macroeconomics
Organized by Jeffrey A. Frankel and Hélène Rey
June 24-25, 2026
Sveriges Riksbank, Brunkebergstorg 11, Stockholm, Sweden

FORMAT: 25 minutes for the author, 15 minutes per each discussant, final 20 minutes for general discussion. = 1 hour, 15 minutes
Wednesday, June 24
8:30 am
Registration and Coffee
9:00 am
Welcome and Introductions
9:15 am

Reading the Fund: A Systematic Analysis of IMF Fiscal Advice Using Large Language Models

Jantsankhorloo Amgalan, International Monetary Fund
Jeremie Cohen-Setton, International Monetary Fund
Anton Korinek, University of Virginia and NBER

Discussants:
Michael McMahon, University of Oxford
Robert J. Richmond, New York University and NBER
10:30 am

Inflation and Exchange Rate Shocks in the Presence of Parallel Markets

Toni Oki, Harvard University
Olalekan Bello, New York University

Discussants:
Veronica De Falco, Imperial Business School
Charles Engel, University of Wisconsin - Madison and NBER
11:45 am
Lunch
12:45 pm

Capital Flows in Risky Times: Risk-on Risk-off and Emerging Market Tail Risk

Anusha Chari, University of North Carolina at Chapel Hill and NBER
Karlye Dilts Stedman, Federal Reserve Bank of Kansas City
Christian Lundblad, University of North Carolina at Chapel Hill

Discussants:
Kristin Forbes, Massachusetts Institute of Technology and NBER
Loriana Pelizzon, Goethe University Frankfurt
2:00 pm

Where It All Begins: Eurodollars and International Monetary Policy Transmission under Bretton Woods

Eric Monnet, Paris School of Economics
Guillaume Bazot, University Paris 8
Matthias Morys, University of York

Discussants:
Michael D. Bordo, Rutgers University and NBER
Catherine R. Schenk, University of Oxford
3:15 pm
Break
3:30 pm

Dollar Trinity and Global Co-movement

Georgios Georgiadis, European Central Bank
Gernot Müller, University of Tübingen
Ben Schumann, DIW Berlin

Discussants:
Ozge Akinci, Federal Reserve Bank of New York
Gianluca Benigno, University of Lausanne
4:45 pm
Policy Panel - TBA
5:45 pm
Adjourn
6:30 pm
Dinner (by invitation only). Bus will transfer attendees from the hotel to the dinner venue and back.
Thursday, June 25
8:30 am
Registration and Coffee
9:00 am
Explain timetable for authors
9:15 am

Fool’s Gold: How the USD lost its shine

Kai Arvai, Banque de France
Nuno Coimbra, Banque de France

Discussants:
Matthew Ferranti, Harvard University
Fernando Broner, Center for Research on International Economics
10:30 am

Five Facts About the UIP Premium

Ṣebnem Kalemli-Özcan, Brown University and NBER
Liliana Varela, London School of Economics and Political Science (LSE)

Discussants:
Kenza Benhima, University of Lausanne
Menzie D. Chinn, University of Wisconsin - Madison and NBER
11:45 am
Break
12:00 pm

Loanly Governments

Lukas Diebold, Universidad Carlos III de Madrid
Lukas Hack, ETH Zurich

Discussants:
Nuno Coimbra, Banque de France
Zhengyang Jiang, Northwestern University and NBER
1:15 pm
Lunch and Adjourn
We are grateful to the Sveriges Riksbank for its generous assistance and support.