National Bureau of Economic Research
NBER: NBER Summer Institute International Finance & Macroeconomics Program: July 11-15, 2005 (Cambridge)

Subject: NBER Summer Institute International Finance & Macroeconomics Program: July 11-15, 2005 (Cambridge)
From: Andrew Rose (arose@haas.berkeley.edu)
Date: Fri Apr 22 2005 - 13:36:44 EDT


Enrique Mendoza and I invite you to join us for the 2005 NBER IFM Summer
Institute Program. It will be held July 11-15 in Cambridge. Please mark
your calendar; more details and a formal invitation will follow.

I append the tentative program, which is also available online at
http://faculty.haas.berkeley.edu/arose/NBERIFMSI2005.htm

We look forward to seeing you in Cambridge!

NBER International Finance and Macroeconomics Sessions, Summer Institute 2005
Tentative: updated: April 22, 2005
Organizers: <http://www.bsos.umd.edu/econ/mendoza/>Enrique Mendoza and
<http://faculty.haas.berkeley.edu/arose>Andrew Rose

July 11: Default, Joint with IASE
         o “Sovereign Debt and Default” by Michael Tomz and Mark Wright
                 § Discussants: Carmen Reinhart, Fabrizio Perri
         o “Sovereign Default and Debt Renegotiation by Vivian Yue
                 § Discussants: Jing Zhang, TBA

July 12: Regimes in the Long Run
         o “Current Account Fact and Fiction” by David Backus, Gian
Luca Clementi and Frederic Lambert
                 § Discussants: Mikey Dooley, TBA
         o “Productivity Growth and the Exchange Rate Regime” by
Philippe Aghion, Philippe Bachetta, Romain Ranciere, and Kenneth Rogoff
                 § Discussants: Maurice Obstfeld, Alan Stockman

July 13: Fiscal and Exchange-Rate Policies in Emerging Economies
         o “Fiscal Policy Amplified Cycles” by Mark Aguiar, Manuel
Amador and Gita Gopinath
                 § Discussants: Carlos Vegh, P. Marcelo Oviedo
         o “Risk and Wealth in a Model of Self-Fulfilling Currency
Attacks” by Bernardo Guimaraes and Stephen Morris
                 § Discussants: Roberto Chang, Aaron Tornell

July 14: Trading Costs
         o “Managing Financial Integration” by Fernando Broner and
Jaume Ventura
                 § Discussants: Ricardo Caballero, Martin Uribe
         o “Trade Costs, Pricing to Market and International
Relative Prices” by Andrew Atkeson and Ariel Burstein
                 § Discussants: John Rogers, Helene Rey

July 15: International Finance
         o “Portfolio Choice and Home Bias in a Monetary DSGE Model”
by Charles Engel and Akito Matsumoto
                 § Discussants: Karen Lewis, Paolo Pesenti
         o “A Model of Vehicle Currency with Fixed Costs of Trading”
by Michael Devereux Shouyong and Shi
                 § Discussants: Cedric Tille, Peter Garber
  ********

Andrew K. Rose, Rocca Professor
Haas School of Business, University of California
Berkeley, CA 94720-1900
Tel: (510) 642-6609 Fax: (510) 642-4700
E-mail: arose@haas.berkeley.edu URL: http://faculty.haas.berkeley.edu/arose/