NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
July 15-19, 2002
PRELIMINARY PROGRAM
MONDAY, JULY 15:
8:30 AM Coffee and Pastries
Exchange Rate Determination
9:00 AM CHARLES ENGEL and KENNETH WEST,
University of Wisconsin, Madison and NBER
Exchange Rates and Fundamentals
Discussant: NELSON MARK, Ohio State University
10:00 AM Break
10:15 AM GIANCARLO CORSETTI, University of Rome III
LUCA DEDOLA, Bank of Italy
Macroeconomics of International Price Discrimination
Discussant: PIERPAOLO BENIGNO, New York University
11:15 AM Break
11:30 AM HARALD HAU, INSEAD
HELENE REY, Princeton University and NBER
Order Flows, Exchange Rates and Asset Prices
Discussant: RICHARD LYONS, UC, Berkeley and NBER
12:30 PM Lunch and Adjourn
SI02 IFM Program
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TUESDAY, JULY 16:
8:30 AM Coffee and Pastries
Exchange Rate Crises
9:00 AM GITA GOPINATH, University of Chicago
Lending Booms, Sharp Reversals and Real Exchange Rate Dynamics
Discussant: PHILIP LANE, Trinity College Dublin
10:00 AM Break
10:15 AM PIERRE-OLIVIER GOURINCHAS, Princeton University and NBER
OLIVIER JEANNE, International Monetary Fund
On the Benefits of Capital Account Liberalization
Discussant: ITAY GOLDSTEIN, Duke University
11:15 AM Break
11:30 AM ALESSANDRO PRATI, International Monetary Fund
MASSIMO SBRACIA, Bank of Italy
Currency Crises and Uncertainty About Fundamentals
Discussant: TOMAS DVORAK, Williams College
12:30 PM Lunch and Adjourn
WEDNESDAY, JULY 17:
NBER Currency Crises Conference
Directed By: Martin Feldstein and Jeffrey Frankel
ARGENTINA
Sebastian Edwards and Jeffrey Frankel, Program Organizers
(Program to be announced)
6:00 PM Clambake
Harvard Faculty Club
20 Quincy Street
Cambridge, MA
SI02 IFM Program
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THURSDAY, JULY 18:
8:30 AM Coffee and Pastries
Central Bank Behavior
9:00 AM RICHARD PAYNE and PAOLO VITALE, London School of Economics
A Transaction Level Study of the Effects of Central Bank Intervention on Exchange Rates
Discussant: MARTIN EVANS, Georgetown University
10:00 AM Break
10:15 AM TAKATOSHI ITO, University of Tokyo and NBER
Is Foreign Exchange Intervention Effective?:
The Japanese Experiences in the 1990s
Discussant: JEFFREY FRANKEL, Harvard University and NBER
11:15 AM Break
11:30 AM CARMEN REINHART and KENNETH ROGOFF,
International Monetary Fund and NBER
The Modern History of Exchange Rate Arrangements: A Reinterpretation
Discussant: AMARTYA LAHIRI, UC, Los Angeles
12:30 PM Lunch and Adjourn
FRIDAY, JULY 19:
8:30 AM Coffee and Pastries
Emerging Markets
9:00 AM ANDREW ROSE, UC, Berkeley and NBER
One Reason Countries Pay their Debts: Renegotiation and International Trade
Discussant: MARK AGUIAR, University of Chicago
10:00 AM Break
10:15 AM PETER BLAIR HENRY, Stanford University and NBER
Is Disinflation Good for the Stock Market
Discussant: ROBERTO RIGOBON, MIT and NBER
SI02 IFM Program
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11:15 AM Break
11:30 AM CHRISTOPH KLINGEN, International Monetary Fund
BEATRICE WEDER, University of Mainz
JEROMIN ZETTLEMEYER, International Monetary Fund
Estimating Returns to Emerging Market Lending, 1970-2000
Discussant: MICHAEL DOOLEY, UC, Santa Cruz and NBER
12:30 PM Lunch and Adjourn
6/25/02