SI 2019 International Finance & Macroeconomics

Manuel Amador and Ina Simonovska, Organizers

July 10-12, 2019

Charles Room

Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA

Conference Code of Conduct

Wednesday, July 10
8:00 am
Coffee and Pastries
Today's session will be held in Ballroom A (West Tower, Second Floor)
8:30 am
Ballroom
 Andrew Lilley, Harvard University
Matteo Maggiori, Stanford University and NBER
Brent Neiman, University of Chicago and NBER
Jesse Schreger, Columbia University and NBER

Exchange Rate Reconnect
Discussant: Hélène Rey, London Business School and NBER
9:30 am
Break
9:45 am
Ballroom
 Sebnem Kalemli-Ozcan, Brown University and NBER
Liliana Varela, London School of Economics and Political Science (LSE)

Exchange Rate and Interest Rate Disconnect: The Role of Capital Flows and Risk Premia
Discussant: Adrien Verdelhan, Massachusetts Institute of Technology and NBER
10:45 am
Break
11:00 am
Ballroom
 Laura Alfaro, Harvard University and NBER
Alejandro Cuñat, University of Vienna
Harald Fadinger, University of Vienna
Yanping Liu, University of Mannheim

The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis
Discussant: Ufuk Akcigit, University of Chicago and NBER
12:00 n
Lunch
1:00 pm
Joint session with the ME and MEFM groups in the Ballroom
Program here
6:00 pm
Clambake at the Royal Sonesta Hotel
Thursday, July 11
8:00 am
Coffee and Pastries
Today's session will be held in the Charles Room (East Tower, Second Floor)
8:30 am
Òscar Jordà, Federal Reserve Bank of San Francisco
Sanjay Singh, University of California, Davis
Alan M. Taylor, Columbia University and NBER

The Long-Run Effects of Monetary Policy (slides)
Discussant: Yuriy Gorodnichenko, University of California, Berkeley and NBER
9:30 am
Break
9:45 am
Zhengyang Jiang, Northwestern University and NBER
Hanno Lustig, Stanford University and NBER
Arvind Krishnamurthy, Stanford University and NBER

Dollar Safety and the Global Financial Cycle (slides)
Discussant: Pierre-Olivier Gourinchas, University of California, Berkeley and NBER
10:45 am
Break
11:00 am
Radek Paluszynski, University of Houston

The Ultralong Sovereign Default Risk
Discussant: Cristina Arellano, Federal Reserve Bank of Minneapolis
12:00 n
Lunch and Adjourn
Friday, July 12
8:00 am
Coffee and Pastries
Today's session will be held in the Charles Room (East Tower, Second Floor)
8:30 am
Yan Bai, University of Rochester and NBER
Keyu Jin, London School of Economics and Political Science (LSE)
Dan Lu, The Chinese University of Hong Kong (CUHK)

Misallocation Under Trade Liberalization (slides)
Discussant: Chang-Tai Hsieh, University of Chicago and NBER
9:30 am
Break
9:45 am
Lorena Keller, University of Pennsylvania

Capital Controls and Risk Misallocation: Evidence from a Natural Experiment
Discussant: Felipe Saffie, University of Virginia and NBER
10:45 am
Break
11:00 am
Mary Amiti, Federal Reserve Bank of New York
Oleg Itskhoki, Harvard University and NBER
Jozef Konings, Nazarbayev University

Dominant Currencies: How Firms Choose Currency Invoicing and Why it Matters
Discussant: Ariel Burstein, University of California, Los Angeles and NBER
12:00 n
Lunch and Adjourn