Capital Flows, Currency Wars and Monetary Policy

April 5-6, 2018

Conference Code of Conduct

Thursday, April 5
FORMAT
35 minutes author
15 minutes discussant
10 minutes general discussion
8:30 am
Continental Breakfast
9:00 am
Silvia Miranda-Agrippino, Bank of England
Hélène Rey, London Business School and NBER

US Monetary Policy and the Global Financial Cycle (slides) (discussant slides)
Discussant: John Y. Campbell, Harvard University and NBER
10:00 am
Break
10:15 am
Ricardo J. Caballero, Massachusetts Institute of Technology and NBER
Alp Simsek, Yale University and NBER

A Model of Fickle Capital Flows and Retrenchment (slides) (discussant slides)
Discussant: Matteo Maggiori, Stanford University and NBER
11:15 am
Break
11:30 am
Manuel Amador, University of Minnesota and NBER
Javier Bianchi, Federal Reserve Bank of Minneapolis
Luigi Bocola, Stanford University and NBER
Fabrizio Perri, Federal Reserve Bank of Minneapolis

Foreign Reserve Management (slides) (discussant slides)
Discussant: Charles Engel, University of Wisconsin-Madison and NBER
12:30 pm
Lunch
1:30 pm
Ozge Akinci, Federal Reserve Bank of New York
Albert Queralto Olive, Federal Reserve Board

Balance Sheets, Exchange Rates, and International Monetary Spillovers (slides) (discussant slides)
Discussant: Giancarlo Corsetti, University of Cambridge
2:30 pm
Break
2:45 pm
Tarek Alexander Hassan, Boston University and NBER
Thomas Mertens, Federal Reserve Bank of San Francisco
Tony Zhang, Federal Reserve Board

Currency Manipulation (slides) (discussant slides)
Discussant: Liliana Varela, London School of Economics
3:45 pm
Break
4:00 pm
Panel
Olivier J. Blanchard, Peterson Institute for International Economics and NBER
Maurice Obstfeld, International Monetary Fund and NBER
Kenneth S. Rogoff, Harvard University and NBER
5:00 pm
Adjourn
6:30 pm
Dinner in Skyline Room, Royal Sonesta Hotel

Speaker: Mohamed El-Erian, NBER Board Member
Friday, April 6
8:00 am
Continental Breakfast
8:30 am
Emine Boz, International Monetary Fund
Gita Gopinath, International Monetary Fund
Mikkel Plagborg-Møller, Princeton University

Global Trade and the Dollar (slides) (discussant slides)
Discussant: Michael B. Devereux, University of British Columbia and NBER
9:30 am
Break
9:45 am
Olivier Jeanne, Johns Hopkins University and NBER

Currency Wars, Trade Wars and Global Demand (slides) (discussant slides)
Discussant: Alberto Martin, European Central Bank
10:45 am
Break
11:00 am
Toni Ahnert, European Central Bank
Kristin Forbes, Massachusetts Institute of Technology and NBER
Christian Friedrich, Bank of Canada
Dennis Reinhardt, Bank of England

Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability (slides) (discussant slides)
Discussant: Jeffrey A. Frankel, Harvard University and NBER
12:00 pm
Lunch
1:00 pm
Agnes Benassy-Quere, Paris School of Economics
Matthieu Bussiere, Banque de France
Pauline Wibaux, CEPII

Trade and Currency Weapons (slides) (discussant slides)
Discussant: Philippe Martin, Sciences Po
2:00 pm
Break
2:15 pm
Stefan Avdjiev, Bank for International Settlements
Catherine Koch, Swiss National Bank
Hyun Song Shin, Bank for International Settlements

Exchange Rates and the Transmission of Global Liquidity (slides) (discussant slides)
Discussant: Jesse Schreger, Columbia University and NBER
3:15 pm
Adjourn