Friday, 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 |
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| Discussants: | Galina Hale, Federal Reserve Bank of San Francisco Sergio Schmukler, World Bank |
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| 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 |
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| Discussants: | Carolyn Evans, Santa Clara University Kathryn Dominguez, University of Michigan |
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| “Regional Reserve Pooling Arrangements” Prakash Kannan,* International Monetary Fund Suman Basu, International Monetary Fund Ran Bi, International Monetary Fund |
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| Discussants: | Pierre-Olivier Gourinchas, University of California, Berkeley Charles Engel, University of Wisconsin |
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| 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 |
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| Discussants: | Vincenzo Quadrini, University of Southern California Amartya Lahiri, University of British Columbia |
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| 3:30 PM | Break | |
| 4:00 PM | Session 4 “Trade Elasticities” Jean Imbs,* HEC Lausanne Isabelle Mejean, International Monetary Fund |
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| Discussants: | George Alessandria, Federal Reserve Bank of Philadelphia Brent Neiman, University of Chicago Booth School of Business |
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| “In Search of the Armington Elasticity” Robert Feenstra,* University of California, Davis Maurice Obstfeld, University of California, Berkeley Katheryn Russ, University of California, Davis |
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| Discussants: | Kei Mu Yi, Federal Reserve Bank of Minneapolis James Harrigan, University of Virginia |
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| 6:00 PM. | Reception | |
| 6:30 PM | Dinner | |
| 7:15 PM | Keynote Address: Rakesh Mohan, Yale University | |