Wednesday, May 28th, 2025 | (Aula Magna, Central Bank of Paraguay)  

9:30-10:15 Policy Panel I. Rethinking Taxation 
Chair: Andy Neumeyer (UTDT) 
Joao Ayres (Inter-American Development Bank) 
Jessica Roldán-Peña (CAF)
Guillermo Vuletin (The World Bank) 

10:30-12:30  Policy Panel II. The Reform Agenda in Argentina and Paraguay
Chair: Fernando Alvarez (University of Chicago) 
Carlos Fernandez Valdovinos (Ministry of Economy and Finance, Paraguay) 
Federico Sturzenegger* (Ministry of Deregulation and State Transformation, Argentina) 

12:30-13:45  Lunch 

13:45-15:00 Informality, Enforcement and Firm Growth | Cezar Santos (IADB) 
Coauthored with Luiz Brotherhood, Daniel Da Mata, Nezih Guner, and Philipp Kircher 
Chair: TBA

15:00-15:15  Coffee Break 

15:15-16:30  A Theory of How Workers Keep Up with Inflation" | Andrés Blanco (Federal Reserve Bank of Atlanta)
Coauthored with Andres Drenik, Hassan Afrouzi, and Erik Hurst 
Chair: Marco Bonomo (Insper)

16:30-16:50  Coffee Break

16:50-18:10
  Do Cash Transfers Stimulate the Macroeconomy?” Valery Ramey (Hoover Institution, Stanford University) 
Chair: Javier Charotti

19:00  Conference Dinner


Thursday, May 29th, 2025 | Itaipú Dam 

9:00-11:00  Visit to the Itaipú Dam

11:00-12.15  Hegemonic Globalization” | Alberto Martin (CREI & UPF) 
Coauthored with Fernando Broner, Josefin Meyer and Christoph Trebesch 
Chair: 
Peter Rosendorff (NYU)

12:15-14:00  Lunch & Presentation 

"The Macroeconomics of Itaipú" | Constantino Hevia (UTDT) 
Coauthored with Javier Charotti and Andy Neumeyer
Chair: TBA 

14:00-15:15  Voting Restrictions, Education and Poverty  | Pedro Cavalcanti (Fundação Getulio Vargas)
Coauthored with Tiago Cavalcanti, Felipe Fiedler, Luciene Pereira and Cezar Santos 
Chair: 
Carlos Viana de Carvalho (PUC-Rio)

15:15-15:30  Coffee Break 

15:30-16:45 On the Dynamics of a Big Push | Nicholas Trachter (Federal Reserve Bank of Richmond)
Coauthored with Fernando Alvarez and Francisco Buera
Chair: 
V.V. Chari (University of Minnesota)

16:45-17:00 Coffee Break 

16:50-18:10  "Trade Shocks in Distorted Economies" | Chang-Tai Hsieh (Chicago Booth)
Chair: Vanessa Alviarez (IADB)


Friday, May 30th, 2025 | Itaipú Dam 

08:30-09:45  "Natural Resources and Sovereign Risk in Emerging Economies: A Curse and a Blessing" | Paulina Restrepo-Echavarría (Federal Reserve Bank of St. Louis) 
Coauthored with Franz Hamann, Juan Camilo Mendez-Vizcaino, Enrique Mendoza
Chair: Francisco Roch (UTDT) 

09:45-10:00  Coffee Break 

10:00-11:15  "The Evolution of the Welfare State" | Diego Huerta (University of Chile) 
Chair: Tiago Cavalcanti (University of Cambridge)

11:15-11:30  Coffee Break 

11:30-12:45  "Investors in Emerging Market Debt: Implications for Sustainability" | Karen Lewis (Wharton School, UPenn) 
Chair: Fernando Alvarez (University of Chicago)

13:45  Lunch | Iguazú Falls