International Seminar on Macroeconomics

Jordi Galí and Kenneth D. West, Organizers

June 4-5, 2024

FORMAT: 25 minutes for the author, 15 minutes per discussant, final 20 minutes for general discussion.

Conference Code of Conduct

Tuesday, June 4
Local Map
Local Information
How to get to the BIS
Welcome Coffee
Opening Remarks
10:00 am
Sushant Acharya, University of Melbourne
Edouard Challe, Paris School of Economics and CEPR

Inequality and Optimal Monetary Policy in the Open Economy (slides)
Discussants: Tommaso Monacelli, Bocconi University
Federica Romei, University of Oxford
11:15 am
Ester Faia, Goethe University Frankfurt
Karen K. Lewis, University of Pennsylvania and NBER
Haonan Zhou, University of Hong Kong

Do Investor Differences Impact Monetary Policy Spillovers to Emerging Markets?
Discussants: Bryan Hardy, Bank for International Settlements
Jose-Luis Peydro, Universitat Pompeu Fabra
Lunch
1:30 pm
John Rogers, Fudan University
Bo Sun, University of Virginia
Wenbin Wu, Fudan University

Drivers of the Global Financial Cycle (slides)
Discussants: Stephane Dees, Banque de France
Ozge Akinci, Federal Reserve Bank of New York
Break
3:00 pm
Marco Bellifemine, London School of Economics
Adrien Couturier, London School of Economics
Rustam Jamilov, All Souls College

Monetary Unions with Heterogeneous Fiscal Space
Discussants: José-Elías Gallegos, Banco de España
Cristina Manea, Bank for International Settlements
4:15 pm
Carlos Carvalho, Kapitalo Investimentos and PUC-Rio
Andrea Ferrero, University of Oxford
Felipe R. Mazin, University of Pennsylvania
Fernanda Nechio, Federal Reserve Bank of San Francisco

Demographics and Real Interest Rates Across Countries and Over Time
Discussants: Phurichai Rungcharoenkitkul, Bank for International Settlements
Henrique Basso, Banco de Espana
Adjourn
Dinner at Restaurant Krafft, Rheingasse 12, 4058 Basel

Speaker: Andrea M. Maechler, BIS Deputy General Manager
Wednesday, June 5
Welcome Coffee
9:30 am
Elton Beqiraj, Sapienza University of Rome
Qingqing Cao, Michigan State University
Ralph De Haas, EBRD
Raoul Minetti, Michigan State University

Global Banking and Macroeconomic Stability. Liquidity, Control, and Monitoring
Discussants: Juan Martin Morelli, Federal Reserve Board of Governors
Robert Kollmann, Université Libre de Bruxelles
Break
11:00 am
Hamid Firooz, University of Rochester
Sylvain Leduc, Federal Reserve Bank of San Francisco
Zheng Liu, Federal Reserve Bank of San Francisco

Reshoring, Automation, and Labor Markets under Trade Uncertainty
Discussants: Federico Mandelman, Federal Reserve Bank of Atlanta
Eugenia Gonzalez-Aguado, Toulouse School of Economics
12:15 pm
Céline Poilly, AMSE, Aix-Marseille University
Fabien Tripier, Universite Paris Dauphine, LEDa, & CEPREMAP

Regional Trade Policy Uncertainty
Discussants: Andrea Raffo, Federal Reserve Bank Minneapolis
Joseph B. Steinberg, University of Toronto
Lunch and Adjourn

Emergency Contact:
Gemma Schneider
med_secretariat@bis.org
Dress Code: Business casual for men and women (no ties needed)