THURSDAY, OCTOBER 9, 2003

6:30 PM Dinner

Davio's Restaurant

5 Cambridge Parkway

Cambridge, MA

FRIDAY, OCTOBER 10, 2003

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

8:30 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Mass. Avenue

8:30 AM Continental Breakfast

9:00 AM PAUL BERGIN, UC, Davis and NBER

REUVEN GLICK, Federal Reserve Bank of San Francisco

Endogenous Nontradability and Macrroeconomics Implications

Discussant: PAOLO PESENTI, Federal Reserve Bank of New York and NBER

10:00 AM Break

10:30 AM ANUSHA CHARI, University of Michigan

PETER BLAIR HENRY, Stanford University and NBER

Capital Account Liberalization, Investment, and the Invisible Hand

Discussant: RUI ALBUQUERQUE, University of Rochester

11:30 AM ROBERT P. FLOOD, International Monetary Fund

ANDREW K. ROSE, UC, Berkeley and NBER

Equity Integration in Times of Crisis

Discussant: MARIA VASSALOU, Columbia University

12:30 PM Lunch

Over, Please!

IFM Program Meeting, Page 2:

1:30 PM ENRIQUE MENDOZA, University of Maryland and NBER

KATHERINE A. SMITH, U.S. Navel Academy

Margin Calls, Trading Costs, and Asset Prices in Emerging Markets:

The Financial Mechanics of the 'Sudden Stop' Phenomenon

Discussant: FABRIZIO PERRI, New York University

2:30 PM GIANCARLO CORSETTI , University of Rome III

BERNARDO GUIMARES, Yale University

NOURIEL ROUBINI, New York University and NBER

International Lending of Last Resort and Moral Hazard:

A Model of IMF's Catalytic Finance

Discussant: OLIVIER JEANNE, International Monetary Fund

3:30 PM Break

4:00 PM AMARTYA LAHIRI, Federal Reserve Bank of New York

RAJESH SINGH, Iowa State University

CARLOS VEGH, UC, Los Angeles and NBER

Segmented Asset Markets and Optimal Exchange Rate Regimes

Discussant: MICHAEL DEVEREUX, University of British Columbia

5:00 PM Adjourn

9/29/03