October 1, 2010

8:15 AM Continental Breakfast
8:45 AM Welcoming Remarks
9:00 AM Session 1
“Does Short-Term Debt Increase Vulnerability to Crisis? Evidence from the East Asian Financial Crisis”

Eyal Dvir,* Boston College
Efraim Benmelech, Harvard University
Discussants: Galina Hale, Federal Reserve Bank of San Francisco
Sergio Schmukler, World Bank
10:00 AM Break
10:30 AM Session 2
“Hoarding International Reserves Versus A Pigovian Tax-Cum-Subsidy Scheme: Reflections on the Deleveraging Crisis of 2008-9, and a Cost Benefit Analysis”

Joshua Aizenman, University of California, Santa Cruz
Discussants: Carolyn Evans, Santa Clara University
Kathryn Dominguez, University of Michigan
“Regional Reserve Pooling Arrangements”
Prakash Kannan,* International Monetary Fund
Suman Basu, International Monetary Fund
Ran Bi, International Monetary Fund
Discussants: Pierre-Olivier Gourinchas, University of California, Berkeley
Charles Engel, University of Wisconsin
12:30 PM Lunch
2:30 PM Session 3
“Overborrowing, Financial Crises and ‘Macro-Prudential’ Taxes”

Enrique Mendoza,* University of Maryland
Javier Bianchi, University of Maryland
Discussants: Vincenzo Quadrini, University of Southern California
Amartya Lahiri, University of British Columbia
3:30 PM Break
4:00 PM Session 4
“Trade Elasticities”

Jean Imbs,* HEC Lausanne
Isabelle Mejean, International Monetary Fund
Discussants: George Alessandria, Federal Reserve Bank of Philadelphia
Brent Neiman, University of Chicago Booth School of Business
“In Search of the Armington Elasticity”
Robert Feenstra,* University of California, Davis
Maurice Obstfeld, University of California, Berkeley
Katheryn Russ, University of California, Davis
Discussants: Kei Mu Yi, Federal Reserve Bank of Minneapolis
James Harrigan, University of Virginia
6:00 PM. Reception
6:30 PM Dinner
7:15 PM Keynote Address: Rakesh Mohan, Yale University

Agenda PDF