Tuesday, July 8
8:00 am
Coffee and Pastries
8:30 am

Economic Pressure

Christopher Clayton, Yale University and NBER
Antonio Coppola, Stanford University
Matteo Maggiori, Stanford University and NBER
Jesse Schreger, Columbia University and NBER

Discussant:
Tarek Alexander Hassan, Boston University and NBER
9:30 am
Break
9:45 am

The Optimal Monetary Policy Response to Tariffs

Javier Bianchi, Federal Reserve Bank of Minneapolis
Louphou Coulibaly, University of Wisconsin - Madison and NBER

Discussant:
Adrien Auclert, Stanford University and NBER
10:45 am
Break
11:00 am

The Risk Sensitivity of Global Liquidity Flows: Heterogeneity, Evolution and Drivers

Stefan Avdjiev, Bank for International Settlements
Leonardo Gambacorta, Bank for International Settlements
Linda S. Goldberg, Federal Reserve Bank of New York and NBER
Stefano Schiaffi, Banca d'Italia

Discussant:
Galina Hale, University of California, Santa Cruz and NBER
12:00 pm
Lunch and Adjourn
Wednesday, July 9
8:00 am
Coffee and Pastries
Morning Joint Session with MEFM and ME in Ballroom A
8:30 am

Breaking Parity: Equilibrium Exchange Rates and Currency Premia

Mai C. Dao, International Monetary Fund
Pierre-Olivier Gourinchas, University of California, Berkeley and NBER
Oleg Itskhoki, Harvard University and NBER

Discussant:
Ṣebnem Kalemli-Özcan, Brown University and NBER
9:30 am
Break
9:45 am

Integrating Fragmented Networks: The Value of Interoperability in Money and Payments

Alexander Copestake, International Monetary Fund
Divya Kirti, International Monetary Fund
Maria Soledad Martinez Peria, International Monetary Fund
Yao Zeng, University of Pennsylvania and NBER

Discussant:
Shohini Kundu, University of California, Los Angeles
10:45 am
Break
11:00 am

Macroeconomic and Fiscal Consequences of Quantitative Easing

Tobias Adrian, International Monetary Fund
Christopher Erceg, International Monetary Fund
Marcin Kolasa, International Monetary Fund
Jesper Lindé, Sveriges Riksbank

Discussant:
TBA
12:00 pm
Lunch
Thursday, July 10
8:00 am
Coffee and Pastries
8:30 am

Contract Enforcement and Young Firm Capital Structure: A Global Perspective

Ina Simonovska, University of California, Davis and NBER
Gonzalo E. Basante Pereira, University of New Hampshire

Discussant:
Carolina Villegas-Sanchez, ESADE Business School
9:30 am
Break
9:45 am

Connected for Better or Worse? The Role of Production Networks in Financial Crises

Jorge Miranda-Pinto, International Monetary Fund
Eugenio I. Rojas, University of Florida
Felipe Saffie, University of Virginia and NBER
Alvaro Silva, Federal Reserve Bank of Boston

Discussant:
César Sosa-Padilla, University of Notre Dame and NBER
10:45 am
Break
11:00 am

Managing Financial Crises

Gianluca Benigno, Federal Reserve Bank of New York
Alessandro Rebucci, Johns Hopkins University and NBER
Aliaksandr Zaretski, University of Surrey

Discussant:
Paul_fontanier
12:00 pm
Lunch and Adjourn
Friday, July 11
8:00 am
Coffee and Pastries
8:30 am

International Climate News

María José Arteaga Garavito, Bocconi University
Riccardo Colacito, University of North Carolina at Chapel Hill and NBER
Mariano Max Croce, Bocconi University
Biao Yang, Shanghai Jiao Tong University

Discussant:
Zhengyang Jiang, Northwestern University and NBER
9:30 am
Break
9:45 am

Exchange Rate Models are Better than You Think, and Why They Didn't Work in the Old Days

Charles Engel, University of Wisconsin - Madison and NBER
Steve Pak Yeung Wu, University of California, San Diego

Discussant:
Pierre De Leo, University of Maryland, College Park
10:45 am
Break
11:00 am

Fragmented Monetary Unions

Luca Fornaro, Center for Research in International Economics
Christoph Große Steffen, Banque de France

Discussant:
Cristina Arellano, Federal Reserve Bank of Minneapolis
12:00 pm
Lunch and Adjourn