THURSDAY, MARCH 22:

6:00 PM Dinner

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, MA 02138

FRIDAY, MARCH 23:

7:45 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue

8:00 AM Continental Breakfast

8:30 AM KATHRYN DOMINGUEZ, University of Michigan and NBER

LINDA TESAR, University of Michigan and NBER

Exchange Rate Exposure

Discussants: BERNARD DUMAS, INSEAD and NBER

KRISTIN FORBES, MIT and NBER

9:45 AM ERIC PARRADO, New York University

ANDRÉS VELASCO, Harvard University and NBER

Optimal Monetary Policy in a Small Open Economy

Discussant: PAOLO PESENTI, Federal Reserve Bank of New York

and NBER JAUME VENTURA, MIT and NBER

11:00 AM Break

11:15 AM PIERRE-OLIVIER GOURINCHAS, Princeton University and NBER

RODRIGO VALDÉS,

OSCAR LANDERRETCHE, MIT

Lending Booms: Latin America and the World

Discussant: MICHAEL DOOLEY, UC, Santa Cruz and NBER

CARMEN REINHART, University of Maryland and NBER

12:30 PM Lunch

Over, Please!

International Finance and Macroeconomics Program Meeting, Page 2:

2:00 PM MENZIE CHINN, Council of Economic Advisers

GUY MEREDITH, International Monetary Fund

Testing Uncovered Interest Parity at Short and Long Horizons

Discussants: GEERT BEKAERT, Columbia University

KAREN LEWIS, University of Pennsylvania and NBER

3:15 PM Break

3:30 PM MARGARIDA DUARTE, Federal Reserve Bank of Richmond

ALAN STOCKMAN, University of Rochester and NBER

Rational Speculation and Exchange Rates

Discussants: KENNETH ROGOFF, Harvard University and NBER

OLIVIER JEANNE, International Monetary Fund

4:45 PM Adjourn

3/22/01