Cosponsored by the Federal Reserve Bank of Atlanta and New York University's Stern School of Business | |
Friday, December 6 | |
Session: Trade I | |
9:00 a.m. | "Dynamics of Firms and Trade in General Equilibrium" Robert Dekle, Hyeok Jeong, and Nobuhiro Kiyotaki Presenter: Nobuhiro Kiyotaki, Princeton University Discussant: Joel Rodrigue, Vanderbilt University |
9:50 | "Policy Uncertainty, Trade and Welfare: Theory and Evidence for China" Kyle Handley and Nuno Limao Presenter: Kyle Handley, University of Michigan Discussant: Robert Dekle, University of Southern California |
10:40 | Break |
Session: Exchange Rate I | |
11:00 | "International Trade Price Stickiness and Exchange Rate Pass-Through in Micro Data: A Case Study on U.S.-China Trade" Mina Kim, Deokwoo Nam, Jian Wang, and Jason Wu Presenter: Jian Wang, Federal Reserve Bank of Dallas Discussant: Robert Vigfusson, Federal Reserve Board |
11:50 | "Common Euro-Area Bonds in a Model of Equilibrium Sovereign Risk" Juan Carlos Hatchondo, Leonardo Martinez, and Yasin Kursat Onder Presenter: Leonardo Martinez, International Monetary Fund Discussant: Pablo Guerron-Quintana, Federal Reserve Bank of Philadelphia |
Lunch | |
Session: Exchange Rate II | |
1:50 | "Prudential Policy for Peggers" Stephanie Schmitt-Grohe and Martin Uribe Presenter: Martin Uribe, Columbia University [Presentation] Discussant: Chris Otrok, University of Missouri |
2:40 | "Credibility and Monetary Unions" V.V. Chari, Alessandro Dovis, and Patrick Kehoe Presenter: Alessandro Dovis, Pennsylvania State University and Princeton University Discussant: Emmanuel Farhi, Harvard University |
3:30 | Break |
Session: Banking | |
3:50 | "Banking Globalization, Transmission, and Monetary Policy Autonomy" Linda S. Goldberg Presenter: Linda S. Goldberg, Federal Reserve Bank of New York Discussant: Pablo D'Erasmo, Federal Reserve Bank of Philadelphia |
4:40 | "Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty" Russell Cooper and Kalin Nikolov Presenter: Russell Cooper, Pennsylvania State University Discussant: Stan Zin, New York University |
6:00 | Dinner |
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Saturday, December 7 | |
Session: Trade II | |
9:00 a.m. | "Quality, Trade, and Exchange Rate Pass-Through" Natalie Chen and Luciana Juvenal Presenter: Luciana Juvenal, International Monetary Fund Discussant: Ferdinando Monte, Johns Hopkins University |
9:50 | "Unequal Gains, Prolonged Pain: Dynamic Adjustment Costs and Protectionist Overshooting" Emily Blanchard and Gerald Willmann Presenter: Emily Blanchard, Dartmouth College Discussant: Kim J. Ruhl, New York University |
10:40 | Break |
Session: Capital Flows | |
11:00 | "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950–2007" Lee Ohanian, Paulina Restrepo-Echavarria, and Mark L.J. Wright Presenter: Paulina Restrepo-Echavarria, Ohio State University Discussant: Michele Cavallo, Federal Reserve Board |
11:50 | "Global Imbalances and Structural Change in the United States" Timothy J. Kehoe, Kim J. Ruhl, and Joseph B. Steinberg Presenter: Joseph B. Steinberg, University of Toronto Discussant: Jing Zhang, Federal Reserve Bank of Chicago |
12:40 | Adjournment |