NATIONAL
BUREAU OF ECONOMIC RESEARCH, INC.
INTER-AMERICAN SEMINAR ON ECONOMICS
The Aftermath of Debt Restructuring and Default
Sebastian Edwards and Roberto Rigobon, Organizers
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, Massachusetts
July 14, 2003
PROGRAM
MONDAY, JULY 14:
8:30 AM Coffee
and Pastries
9:00 AM FERNANDO
BRONER, University of Maryland
GUIDO LORENZONI,
Princeton University
SERGIO SCHMUKLER, The
World Bank
Why
Do Emerging Markets Borrow Short Term?
Discussant: MARK
AGUIAR, University of Chicago
9:50 AM Break
10:00 AM GASTON GELOS,
International Monetary Fund
SHANG-JIN WEI,
International Monetary Fund and NBER
Transparency
and International Investor Behavior
Discussant: GRACIELA
KAMINSKY, George Washington University
10:50 AM Break
11:00 AM MICHAEL KREMER,
Harvard University and NBER
SEEMA JAYACHANDRAN,
Harvard University
Odious
Debt
Discussant: ILAN
GOLDFAJN, Brazil's Central Bank
12:00 N Lunch
1:30 PM MARCIO
GARCIA and ALEXANDRE LOWENKRON, PUC-Rio
Cousin
Risks: The Extent and the Causes of Positive Correlation between
Country and Currency
Risks
Discussant: EDUARDO
FERNANDEZ-ARIAS, Inter-American Development Bank
2:20 PM JUAN
CARLOS ECHEVERRY, Universidad de los Andes
ROBERTO STEINER,
International Monetary Fund
LEOPOLDO FERGUSSON,
Universidad de los Andes
Determinants
and Consequences of Foreign Indebtedness
In Colombian Firms
Discussant: ALEJANDRO
WERNER, Ministerio de Hacienda, Mexico.
3:10 PM Break
3:20 PM FREDERICO
STURZENEGGER, Universidad Torcuato Di Tella
Default
Episodes in the 90's: Factbook, Toolkit and Preliminary Lesson
Discussant: JOSE DE
GREGORIO, Banco Central de Chile
4:10 PM LAURA
ALFARO, Harvard University
FABIO KANCZUK,
University of São Paolo
Sovereign
Debt with Adverse Selection: A Quantitative Approach
Discussant: EDUARDO
LEVY-YEYATI, Universidad Torcuato Di Tella
5:00 PM Adjourn
7:00 PM Group
Dinner
Royal Sonesta Hotel
6/26/03