NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



INTERNATIONAL FINANCE AND MACROECONOMICS PROGRAM MEETING



Charles Engel and Linda Tesar, Organizers



October 18, 2002



NBER, Offices

3rd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, Massachusetts



PRELIMINARY PROGRAM

THURSDAY, OCTOBER 17:

6:30 PM Dinner

Davio's Restaurant

5 Cambridge Parkway

Cambridge, MA 02142

FRIDAY, OCTOBER 18:



8:00 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue.



8:15 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue.



8:00 AM Continental Breakfast



8:30 AM DARON ACEMOGLU, MIT and NBER

SIMON JOHNSON, MIT

JAMES ROBINSON, UC, Berkeley

YUNYONG THAICHAROEN, Bank of Thailand

Institutional Causes, Macroeconomic Symptoms; Volatility, Crises and Growth

Discussant: ROSS LEVINE, University of Minnesota and NBER

ROMAIN WACZIARG, Stanford University and NBER



9:45 AM ITAY GOLDSTEIN, Duke University

ASSAF RAZIN, Cornell University and NBER

Volatility of FDI and Portfolio Investments: The Role of Information,

Liquidation Shocks and Transparency



Discussant: MICHAEL KLEIN, Tufts University and NBER

ENRIQUE MENDOZA, Duke University and NBER



Over, Please! International Finance and Macroeconomics Program Meeting, Page 2:



11:00 AM Break



11:15 AM XAVIER GABAIX, MIT and NBER

Eliminating Self-Fulfilling Liquidity Crises Through Fundamentals-Revealing Securities



Discussant: NOURIEL ROUBINI, New York University and NBER

ROBERTO CHANG, Rutgers University

12:30 PM Lunch



1:30 PM PHILIPPE BACCHETTA, Gerzensee

ERIC VAN WINCOOP, University of Virginia

Can Information Dispersion Explain the Exchange Rate Discount Puzzle?

Discussant: KENNETH FROOT, Harvard University and NBER

MARGARIDA DUARTE, Federal Reserve Bank of Richmond

2:45 PM MAURICE OBSTFELD, UC, Berkeley and NBER

JAY SHAMBAUGH, Dartmouth College

ALAN TAYLOR, UC, Davis and NBER

The Trilemma in History: Tradeoffs among Exchange Rates, Monetary Policies

and Capital Mobility

Discussant: JEFFREY FRANKEL, Harvard University and NBER

LARS SVENSSON, Princeton University and NBER

4:00 PM Adjourn





10/15/02