Emerging and Frontier Markets: Capital Flows, Risks, and Growth

Mark A. Aguiar, Cristina Arellano, and Ṣebnem Kalemli-Özcan, Organizers

October 22-23, 2020

Jointly organized with the Banco de la República de Colombia

Conference Code of Conduct

Thursday, October 22
9:55 am
Welcome and opening remarks
10:00 am
Vito Cormun, Santa Clara University
Pierre De Leo, University of Maryland, College Park

Shocks and Exchange Rate in Small Open Economies
Discussant: Fabrizio Perri, Federal Reserve Bank of Minneapolis
10:45 am
Ozge Akinci, Federal Reserve Bank of New York
Albert Queralto, Federal Reserve Board of Governors

Exchange Rate Dynamics and Monetary Spillovers with Imperfect Financial Markets
Discussant: Oleg Itskhoki, Harvard University and NBER
11:30 am
Antonio Coppola, Stanford University
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens
Discussant: Francis E. Warnock, University of Virginia and NBER
12:15 pm
Break
1:00 pm
Ricardo M. Reyes-Heroles, Federal Reserve Bank of Dallas
Sharon Traiberman, New York University and NBER
Eva Van Leemput, Federal Reserve Board of Governors

Emerging Markets and the New Geography of Trade: The Effects of Rising Trade Barriers
Discussant: Kim J. Ruhl, University of Wisconsin - Madison and NBER
1:45 pm
Damien Puy, International Monetary Fund
Eric Monnet, Paris School of Economics

One Ring to Rule Them All? New Evidence on World Cycles
Discussant: Carlos A. Vegh, Johns Hopkins University and NBER
2:30 pm
Social Gathering
3:00 pm
Adjourn
Friday, October 23
10:00 am
Konstantin Egorov, University of Antwerp
Dmitry Mukhin, London School of Economics and Political Science (LSE)

Optimal Monetary Policy under Dollar Pricing
Discussant: Stephanie Schmitt-Grohé, Columbia University and NBER
10:45 am
Suman Basu, International Monetary Fund
Emine Boz, International Monetary Fund
Gita Gopinath, Harvard University and NBER
Francisco Roch, International Monetary Fund
Filiz D. Unsal, Organisation for Economic Co-operation and Development (OECD)

Integrated Monetary and Financial Policies for Small Open Economies
Discussant: Markus K. Brunnermeier, Princeton University and NBER
11:30 am
Daniel A. Dias, Federal Reserve Board of Governors
Yi Huang, Bank for International Settlements and CEPR
Hélène Rey, London Business School and NBER
Miguel Sarmiento, Banco de la Republica Colombia

Monetary Policy Transmission with and without Capital Controls: Micro-Evidence from Colombia
Discussant: Jose Luis Peydro, Luiss University
12:15 pm
Break
1:00 pm
Saki Bigio, University of California, Los Angeles and NBER
Javier Bianchi, Federal Reserve Bank of Minneapolis
Charles Engel, University of Wisconsin - Madison and NBER

Bank, Liquidity and Exchange Rates
Discussant: Benjamin M. Hébert, Stanford University and NBER
1:45 pm
Marek Kapička, CERGE-EI
Finn Kydland, University of California, Santa Barbara and NBER
Carlos Zarazaga, Federal Reserve Bank of Dallas

Exploring The Role of Limited Commitment Constraints in Argentina’s "Missing Capital"
Discussant: Diego J. Perez, New York University and NBER
2:30 pm
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

Bretton Woods and the Reconstruction of Europe
Discussant: Liliana Varela, London School of Economics and Political Science (LSE)
3:15 pm
Social Gathering
3:45 pm
Adjourn