NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

The European Crises

 

Organizers: Kristin Forbes, MIT and NBER  and
Pierre-Olivier Gourinchas, UC Berkeley and NBER

 

July 12, 2012

 

Royal Sonesta Hotel

Ballroom A

5 Cambridge Parkway

Cambridge, Massachusetts

 

PROGRAM

 

Background Papers

 

Thursday, July 12


8:00 am


Coffee and pastries


8:30 am


Welcome


8:35 am


Fiscal Challenges
Chair: David Romer, University of California-Berkeley and NBER
Francesco Giavazzi, Bocconi University and NBER
Lucas Papademos, former prime minister of Greece
Beatrice Weder di Mauro, UBS (former German Council of Experts)


10:15 am


Break


10:35 am


Banking Challenges
Chair: Hélène Rey, London Business School and NBER
Anil Kashyap, University of Chicago and NBER (slides)
José Manuel González-Páramo, former ECB
Don Kohn, Brookings Institution and Financial Policy Committee (remarks)


12:15 pm


Lunch
Keynote Speaker: David Lipton, First Deputy Managing Director, IMF
Introduced by James Poterba, Massachusetts Institute of Technology and NBER


1:30 pm


Balance of Payments Challenges
Chair: Pierre-Olivier Gourinchas, University of California-Berkeley and NBER
Olivier Blanchard, IMF and NBER
Lorenzo Bini-Smaghi, Harvard University, former ECB
Jan Hatzius, Goldman Sachs


3:10 pm


Break


3:30 pm


An Evaluation of Policy Responses and Prospects
Chair: Kristin Forbes, MIT and NBER
Markus Brunnermeier, Princeton and NBER (slides)
Mohamed El-Erian, Pimco (remarks)
Philipp Hildebrand, Senior Visiting Fellow, Blavatnik School of Government, Oxford University


5:10 pm


Adjourn