NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
INTERAMERICAN SEMINAR ON ECONOMICS
Sebastian Edwards and Roberto Rigobon, Organizer
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, Massachusetts
July 20 - 21, 2001
PRELIMINARY PROGRAM
Friday, July 20:
8:30 AM Coffee and Doughnuts
9:00 AM JENNIFER CRYSTAL, Federal Reserve Bank - New York
GERARD DAGES, Federal Reserve Bank - New York
LINDA GOLDBERG, Federal Reserve Bank - New York and NBER
Does Foreign Ownership Contribute to Sound Banks in Emerging Markets?
The Latin American Experience
Discussant: ROBERTO RIGOBON, MIT and NBER
10:00 AM KRISTIN FORBES, MIT and NBER
The Aftermath of Devaluations:
Firm and Industry Effects in Global Markets
Discussant: MICO LORETAN, Federal Reserve Board
11:00 AM Break
11:15 AM LORENZA MARTINEZ, Central Bank of Mexico
ALEJANDRO WERNER, Central Bank of Mexico
The Exchange Rate Regime and the Currency Composition of
Corporate Debt: The Mexican Experience
Discussant: MARK AGUIAR, University of Chicago
12:15 PM Lunch
1:30 PM FERNANDO ALVAREZ, University of Chicago and NBER
PABLE ANDRES NEUMEYER, Universidad Torcuato Di Tella
Fitting a Sovereign Spread Curve in an Economy with Incomplete Markets
Discussant: ALBERTO MOEL, Monitor Corporate Finance, Monitor Group
SI01 IASE
Page Two
2:30 PM SERGIO SCHMUKLER, World Bank
LUIS SERVEN, World Bank
Uncovering Country Risk and Currency Risk:
Evidence from Developing Countries
Discussant: MICHAEL KUMHOF, Stanford University
3:30 PM Break
3:45 PM ROBERTO RIGOBON, MIT and NBER
The Curse of Being Non-Investment Grade
Discussant: DAVID SEKIGUCHI, Deutsche Bank
4:45 PM Adjourn
6:00 PM Dinner - TBA
Saturday, July 21:
8:30 AM Coffee and Doughnuts
9:00 AM GRACIELA KAMINSKY, George Washington University
CARMEN REINHART, University of Maryland and NBER
Financial Markets in Times of Stress
Discussant: MENZIE CHINN, UC, Santa Cruz and NBER
10:00 AM ILAN GOLDFAJN, Brazil Central Bank and PUC
MARCOS ANTONIO DA SILVEIRA, PUC
The Exchange Rate Mismatching in a General Equilibrium Approach
Discussant: FERNANDO BRONER, University of Maryland
11:00 AM Break
11:15 AM Dollarization: A Discussion
Moderator: SEBASTIAN EDWARDS, UC, Los Angeles and NBER
12:15 PM Lunch and Adjourn
07/10/01