SI 2017 International Finance & Macroeconomics

Ṣebnem Kalemli-Özcan and Andrei A. Levchenko, Organizers

July 10-14, 2017

Charles Room

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 10
8:00 am
Coffee and Pastries
Currencies and Trade
8:30 am
Camila Casas, IMF
Federico Diez, International Monetary Fund
Gita Gopinath, International Monetary Fund
Pierre-Olivier Gourinchas, University of California, Berkeley and NBER

Dominant Currency Paradigm
Discussant: Jordi Galí, CREI and NBER
9:30 am
Break
9:45 am
Andres Drenik, University of Texas at Austin and NBER
Diego Perez, New York University and NBER

Pricing in Multiple Currencies in Domestic Markets
Discussant: Javier Cravino, University of Michigan and NBER
10:45 am
Break
11:00 am
Alessandro Barattieri, The World Bank and UQAM
Matteo Cacciatore, HEC Montreal and NBER
Fabio Ghironi, University of Washington and NBER

Protectionism and the Business Cycle
Discussant: Giancarlo Corsetti, University of Cambridge
12:00 noon
Adjourn and Lunch
4:00 pm
IFM Data Sources Project
Tuesday, July 11
8:00 am
Coffee and Pastries
Morning joint with International Asset Pricing
Capital Flows and Exchange Rates
8:30 am
Hanno Lustig, Stanford University and NBER
Robert J. Richmond, New York University and NBER

Gravity in FX R2: Understanding the Factor Structure in Exchange Rates
Discussant: Tarek Alexander Hassan, Boston University and NBER
9:30 am
Break
9:45 am
Markus K. Brunnermeier, Princeton University and NBER
Yuliy Sannikov, Stanford University

International Monetary Theory: Mundell-Fleming Redux
Discussant: Bernard Dumas, INSEAD (France) and NBER
10:45 am
Break
11:00 am
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Unpacking Global Capital Flows: A Micro-Data Approach to Macro Facts
Discussant: Gian Maria Milesi Ferretti, Brookings Institution
12:00 noon
Adjourn and Lunch
1:00 pm
International Trade & Macroeconomics
Parkview Room
1:00 pm
International Asset Pricing
Longfellow Room
Wednesday, July 12
8:00 am
Coffee and Pastries
Morning joint with Macro, Money and Financial Frictions in Ballroom A
Leverage and Crises
8:30 am
Stefan Avdjiev, Bank for International Settlements
Wenxin Du, Columbia University and NBER
Catherine Koch, Swiss National Bank
Hyun Song Shin, Bank for International Settlements

The Dollar, Bank Leverage and the Deviation from Covered Interest Parity
Discussant: Hanno Lustig, Stanford University and NBER
9:30 am
Break
9:30 am
Luigi Bocola, Stanford University and NBER
Guido Lorenzoni, University of Chicago and NBER

Financial Crises and Lending of Last Resort in Open Economies
Discussant: Pierre-Olivier Gourinchas, University of California, Berkeley and NBER
10:45 am
Break
11:00 am
Lin William Cong, Cornell University and NBER
Jacopo Ponticelli, Northwestern University and NBER

Credit Allocation under Economic Stimulus: Evidence from China
Discussant: Tao Zha, Emory University and NBER
12:00 pm
Adjourn and Lunch
6:00 pm
Reception and Dinner Honoring Jeffrey Frankel
MIT Samberg Conference Center, 50 Memorial Drive, 7th floor
Thursday, July 13
8:00 am
Coffee and Pastries
Exchange Rate Shocks
8:30 am
Felipe Benguria, University of Kentucky
Felipe Saffie, University of Virginia and NBER
Sergio S. Urzúa, University of Maryland and NBER

Commodity Shocks, Firm-level Responses and Labor Market Dynamics
Discussant: Philippe Martin, Sciences Po
9:30 am
Break
9:45 am
Raphael Auer, Bank for International Settlements
Ariel Burstein, University of California, Los Angeles and NBER
Sarah Lein, University of Basel and CEPR

Price and Consumption Responses to Large Exchange-Rate Shocks: Evidence from the 2015 Appreciation in Switzerland
Discussant: Oleg Itskhoki, University of California, Los Angeles and NBER
10:45 am
Break
11:00 am
Joaquin Blaum, Boston University

Importing, Exporting and Aggregate Productivity in Large Devaluations
Discussant: Robert C. Johnson, University of Notre Dame and NBER
12:00 noon
Adjourn and Lunch
Friday, July 14
8:00 am
Coffee and Pastries
Sovereign Debt and Default
8:30 am
Cristina Arellano, Federal Reserve Bank of Minneapolis
Yan Bai, University of Rochester and NBER
Luigi Bocola, Stanford University and NBER

Sovereign Default Risk and Firm Heterogeneity
Discussant: Vivian Yue, Emory University and NBER
9:20 am
Break
9:45 am
Charles Engel, University of Wisconsin-Madison and NBER
Jungjae Park, University of Singapore

Debauchery and Original Sin: Currency Composition of Sovereign Debt
Discussant: Pablo Ottonello, University of Maryland and NBER
10:45 am
Break
11:00 am
Vincenzo Quadrini, University of Southern California and NBER
Marina Azzimonti, Federal Reserve Bank of Richmond

The Politics of Sovereign Default Under Financial Integration
Discussant: Manuel Amador, University of Minnesota and NBER
12:00 noon
Adjourn and Lunch