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 |
|
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 | |