SI 2025 Macroeconomics Within and Across Borders
Organized by Mark A. Aguiar, Cristina Arellano, Patrick J. Kehoe, and Mark L.J. Wright
July 14, 2025
Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA and zoom.us
Monday, July 14
9:00 am
Coffee and Pastries
9:30 am

Efficient Imperfect Competition with an Application to International Trade

Guido Menzio, New York University and NBER

Discussant:
Manuel Amador, University of Minnesota and NBER
10:30 am
Break
10:45 am

3-D Gains From Trade

Doireann Fitzgerald, Federal Reserve Bank of Minneapolis

Discussant:
Pablo Ottonello, University of Maryland, College Park and NBER
11:45 am
Break
12:00 pm

Technology Adoption and Optimal Industrial Policy (slides)

Fernando E. Alvarez, University of Chicago and NBER
Francisco J. Buera, Washington University in St Louis and NBER
Nicholas Trachter, Federal Reserve Bank of Richmond

Discussant:
Diana Van Patten, Yale University and NBER
1:00 pm
Lunch
2:00 pm

How to Sell Public Debt in Uncertain Times (slides)

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

Discussant:
Rishabh Kirpalani, University of Wisconsin - Madison
3:00 pm
Break
3:15 pm

The Forward Guidance Puzzle is not a Puzzle

Gauti B. Eggertsson, Brown University and NBER
Finn D. Schüle, Brown University

Discussant:
Chen Lian, University of California, Berkeley and NBER
4:15 pm
Break
4:30 pm

How Good is International Risk Sharing? Stepping outside the Shadow of the Welfare Theorems

Mark A. Aguiar, Princeton University and NBER
Oleg Itskhoki, Harvard University and NBER
Dmitry Mukhin, London School of Economics and Political Science (LSE)

Discussant:
Diego J. Perez, New York University and NBER
5:30 pm
Adjourn