International Finance and Macroeconomics Program Meeting

Cristina Arellano, Brent Neiman, and Pierre-Olivier Gourinchas, Organizers

March 8, 2019

NBER, 2nd Floor Conference Room, 1050 Massachusetts Avenue, Cambridge, MA

Conference Code of Conduct

Thursday, March 7
6:30 pm
Dinner
Bambara Restaurant
25 Edwin Land Boulevard (across the street from the Royal Sonesta Hotel)
Cambridge, MA
Friday, March 8
7:45 am
Continental Breakfast
8:15 am
Mishita Mehra, University of Richmond

Skilled Immigration, Firms, and Policy
Discussant: Todd Schoellman, Federal Reserve Bank of Minneapolis
9:10 am
Juan Morelli, Federal Reserve Bank of New York
Pablo Ottonello, University of Maryland, College Park and NBER
Diego Perez, New York University and NBER

Global Banks and Systemic Debt Crises
Discussant: Luigi Bocola, Stanford University and NBER
10:05 am
Break
10:15 am
Illenin Kondo, Federal Reserve Bank of Minneapolis
Fabrizio Perri, Federal Reserve Bank of Minneapolis
Sewon Hur, Federal Reserve Bank of Dallas

Real Interest Rates, Inflation, and Default
Discussant: Jesse Schreger, Columbia University and NBER
11:10 am
Javier Bianchi, Federal Reserve Bank of Minneapolis
Jorge Mondragon, University of Minnesota

Monetary Independence and Rollover Crises
Discussant: Alessandro Dovis, University of Pennsylvania and NBER
12:05 pm
Lunch
1:00 pm
Kalina Manova, University College London
Antoine Berthou, Banque de France
Jong Hyun Chung, Stanford University
Charlotte Sandoz, International Monetary Fund

Productivity, (Mis)allocation and Trade
Discussant: Dan Lu, The Chinese University of Hong Kong (CUHK)
1:55 pm
Break
2:10 pm
Rodrigo Barbone Gonzalez, Central Bank of Brazil
Dmitry Khametshin, Banco de España
Jose-Luis Peydro, Luiss University
Andrea Polo, Pompeu Fabra University

Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles
Discussant: Ṣebnem Kalemli-Özcan, Brown University and NBER
3:05 pm
Egemen Eren, Bank for International Settlements
Semyon Malamud, Swiss Finance Institute

Dominant Currency Debt (slides)
Discussant: Dmitry Mukhin, London School of Economics and Political Science (LSE)
4:00 pm
Adjourn
Thursday, July 11
10:15 am
Parkview room
Javier Bianchi, Federal Reserve Bank of Minneapolis
Jorge Mondragon, University of Minnesota

Monetary Independence and Rollover Crises (slides)