Monday, July 18
8:30 am
Coffee and Pastries
9:00 am

Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis (slides)

Harold L. Cole, University of Pennsylvania and NBER
Guillermo Ordoñez, University of Pennsylvania and NBER
Daniel Neuhann, University of Texas at Austin

Discussant:
Luigi Bocola, Stanford University and NBER
10:00 am
Break
10:15 am

International Diversification, Reallocation, and the Labor Share

Joel David, Federal Reserve Bank of Chicago
Romain Rancière, University of Southern California and NBER
David L. Zeke, Federal Reserve Board of Governors

Discussant:
Adrien Bilal, Stanford University and NBER
11:15 am
Break
11:30 am

The Consequences of Bretton Woods' International Capital Controls and the High Value of Geopolitical Stability

Lee E. Ohanian, University of California, Los Angeles and NBER
Paulina Restrepo-Echavarria, Federal Reserve Bank of St. Louis
Diana Van Patten, Yale University and NBER
Mark L.J. Wright, Federal Reserve Bank of St. Louis

Discussant:
Dmitry Mukhin, London School of Economics
12:30 pm
Lunch
1:30 pm

Getting Rich in China: An Empirical and Structural Investigation of Wealth Mobility

Vincenzo Quadrini, University of Southern California and NBER
Sun Qi, Shanghai University of Finance and Economics
JunJie Xia, Peking University
Ting Zeng, Southwestern Univerisity of Finance and Economics

Discussant:
Matthieu Gomez, Columbia University
2:30 pm
Break
2:45 pm

The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States

Andrew Atkeson, University of California, Los Angeles and NBER
Jonathan Heathcote, Federal Reserve Bank of Minneapolis
Fabrizio Perri, Federal Reserve Bank of Minneapolis

Discussant:
Jesse Schreger, Columbia University and NBER
3:45 pm
Break
4:00 pm

Bank Runs, Fragility, and Credit Easing

Manuel Amador, University of Minnesota and NBER
Javier Bianchi, Federal Reserve Bank of Minneapolis

Discussant:
Yan Bai, University of Rochester and NBER
5:00 pm
Adjourn