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

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, Federal Reserve Bank of San Francisco and UC 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
Dan Lu, Chinese University of Hong Kong

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