IX Workshop in International Economics and Finance, Santiago de Chile, 2007
The IX Workshop in International Economics and Finance took place in Santiago de Chile on March 16-19, 2007.
PROGRAM
Friday, March 16, 2007
9:00-9:30 Welcoming Remarks
Juan Pablo Nicolini (UTDT)
Rodrigo Valdés (Banco Central de Chile)
Opening
Andrés Velasco (Minister of Finance, Chile)
Session I: Chair: Oscar Landerretche
9:30-11:00 “Persistent Appreciations and Overshooting: A Normative Analysis”
Ricardo Caballero (MIT) and Guido Lorenzoni (MIT)
Discussant: Klaus Schmidt-Hebbel (Banco Central de Chile)
11:00-11:30 Coffee break
Session II: Chair: Oscar Landerretche
11:30-13:00 “Interest Rate Rules, Inflation Stabilization and Imperfect Credibility: The Small Open Economy Case"
Guillermo Calvo (Columbia University)
Discussant: José De Gregorio (Banco Central de Chile)
13:00-15:30 Lunch
Session III: Chair: Pablo García
15:30-17:00 “NeoclassicalMiracles"
Rody Manuelli (University of Wisconsin)
Discussant: Diego Restuccia (University of Toronto)
17:00-17:30 Coffee break.
Session IV: Chair: Pablo García
17:30-19:00 “Comparative Advantage, Demand for External Finance, and Financial Development"
Quy-Toan Do (World Bank) and Andrei Levchenko (IMF)
Discussant: Juan Carlos Hallak (University of Michigan)
Saturday, March 17, 2007
Session V: Chair: Diego Saravia
9:30-11:00 “Sovereign Risk and Secondary Markets”
Fernando Broner (Universitat Pompeu Fabra), Alberto Martin (CREI and UPF), and Jaime Ventura (CREI and UPF)
Discussant: Willie Fuchs (University of Chicago)
11:00-11:30 Coffee break.
Session VI: Chair: Diego Saravia
11:30-13:00 “Electoral Uncertainty and the Volatility of International Capital Flows”
Roberto Chang (Rutgers University)
Discussant: Tito Cordella (World Bank)
13:00-15:30 Lunch
Session VII: Chair: Luis Felipe Céspedes
15:30-17:00 “Credit Constraints, Firm Dynamics and the Transmission of External Financial Shocks”
Carlos Urrutia (ITAM) and Sageenta Patrap (Hunter College & Graduate Center, CUNY)
Discussant: Kevin Cowan (Banco Central de Chile)
17:00-17:30 Coffee break.
Session VIII: Chair: Luis Felipe Céspedes
17:30-19:00 "Confidence Crises, Credibility andTheInflationTarget Level"
Aloisio Araujo (Getulio Vargas and Instituto de Matematica Pura e Aplicada) and Rafael Santos (Banco Central Do Brasil)
Discussant: Manuel Amador (Stanford University)
Monday, March 19, 2007
Session IX: Chair: Juan Pablo Nicolini
9:00-10:30 "The Conquest of South American Inflation"
Thomas Sargent (NYU), Noah Williams (Princeton University) and Tao Zha (Federal Reserve Bank of Atlanta)
Discussant: Martin Uribe (Duke University)
10:30-11:00 Coffee break
Policy Discussion and Book Presentation
11:00-12:30 “Macroeconomic Policies in Emerging Economies”
Chair: Andrés Neumeyer (UTDT)
Panel: Guillermo Perry (The World Bank)
Mario Marcel (CIEPLAN)
Guillermo Calvo (Columbia University)
Vittorio Corbo (Central Bank of Chile)
12:30-13:15 Central Bank of Chile book presentation: “Monetary Policy under Inflation Targeting”
Edited by Frederic S. Mishkin (Columbia University) and Klaus Schmidt-Hebbel (Central Bank of Chile)
Chair: Vittorio Corbo (Governor, Central Bank of Chile)
Presentation: Carlos Massad (Former Governor, Central Bank of Chile)
Venue: Patio Inglés, Central Bank of Chile
13.15-14:00 Final Cocktail
Venue: Patio Inglés, Central Bank of Chile
