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text-align:center;line-height:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Fabio Ghironi and Stephen J. Redding, Organizers <br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=678 style='width:508.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>July 8, 2014 <br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td width=678 style='width:508.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Parkview Room<o:p></o:p></span></p> <p class=MsoNormal align=center style='margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Royal Sonesta Hotel<br> 40 Edwin H. Land Blvd.<br> Cambridge, MA <br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6;mso-yfti-lastrow:yes'> <td width=678 style='width:508.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;mso-outline-level:2'><b><u><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'>PROGRAM</span></u></b><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><o:p>&nbsp;</o:p></span></p> <table class=MsoNormalTable border=0 cellpadding=0 style='mso-cellspacing:1.5pt; mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=674 colspan=2 valign=top style='width:505.5pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><b style='mso-bidi-font-weight:normal'><span style='font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Tuesday, July 8:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></b></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>12:00 n<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Lunch<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> 1:00 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> Robert <span class=SpellE>Dekle</span>, University of Southern California<br> <span class=SpellE>Hyeok</span> <span class=SpellE>Jeong</span>, KDI School of Public Policy and Management<br> <span class=SpellE>Nobuhiro</span> <span class=SpellE>Kiyotaki</span>, Princeton University and NBER<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/ITM/Dekle_Jeong_Kiyotaki.pdf"><i>Dynamics of Firms and Trade in General Equilibrium </i></a></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span style='font-family:"Arial","sans-serif";color:black'>Fabio <span class=SpellE>Ghironi</span>, University of Washington and NBER</span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> 2:00 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> François <span class=SpellE>Langot</span>, <span class=SpellE>Université</span> du Mans<br> <span class=SpellE>Lise</span> <span class=SpellE>Patureau</span>, <span class=SpellE>Université</span> de Lille 1<br> <span class=SpellE>Thepthida</span> <span class=SpellE>Sopraseuth</span>, <span class=SpellE>Université</span> de <span class=SpellE>Cergy-Pontoise</span><br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/ITM/Langot_Patureau_Sopraseuth.pdf"><i>Unemployment, Public Spending and International Trade: Challenges for an Optimal Tax Design </i></a></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> Discussant: </span><span style='font-family:"Arial","sans-serif";color:black'>Gita <span class=SpellE>Gopinath</span>, Harvard University and NBER</span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> 3:30 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> Federico S. <span class=SpellE>Mandelman</span>, Federal Reserve Bank of Atlanta<br> Andrei <span class=SpellE>Zlate</span>, Board of Governors of the Federal Reserve System<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/ITM/Mandelman_Zlate.pdf"><i>Offshoring, Low-skilled Immigration, and Labor Market Polarization </i></a></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span class=SpellE><span style='font-family:"Arial","sans-serif"; color:black'>Pravin</span></span><span style='font-family:"Arial","sans-serif"; color:black'> Krishna, Johns Hopkins University and NBER</span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> 4:30 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br> Sebastian <span class=SpellE>Stumpner</span>, University of California, Berkeley<br> </span><span style='font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2014/SI2014/ITM/Stumpner.pdf"><i>Trade and the Geographic Spread of the Great Recession </i></a></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br> <br> Discussant: </span><span style='font-family:"Arial","sans-serif";color:black'>Brent Neiman, University of Chicago and NBER<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:7;mso-yfti-lastrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>5:30 pm<o:p></o:p></span></p> </td> <td width=576 style='width:6.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt;line-height: normal'><span style='font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Adjourn<o:p></o:p></span></p> </td> </tr> </table> <p class=MsoNormal><span style='font-family:"Arial","sans-serif"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </div> </body> </html>