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NATIONAL BUREAU OF ECONOMIC
RESEARCH, INC. |
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SUMMER INSTITUTE 2012 |
International
Finance & Macroeconomics |
Pierre-Olivier Gourinchas
and Michael B. Devereux, Organizers |
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July
9-12, 2012 |
Royal
Sonesta Hotel Parkview
Room |
40
Edwin H. Land Boulevard |
Cambridge, Massachusetts |
July
13, 2012 |
The Hotel Marlowe Room Serrano AB |
25
Edwin H. Land Boulevard |
Cambridge, Massachusetts |
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PROGRAM |
Monday, July
9: |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Jean Tirole, Toulouse School of Economics |
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9:30 am |
Break |
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9:45 am |
Juan Cruces, University Torcuato
Di Tella Discussant: Graciela Kaminsky,
George Washington University and NBER |
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10:45 am |
Break |
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11:00 am |
Emmanuel Farhi, Harvard
University and NBER |
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12:00 n |
Lunch |
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Preconference on Sovereign Debt
and Financial Crises: Royal Sonesta
Hotel – Parkview Room |
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1:30 pm |
Welcome and Conference
Background |
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1:45 pm |
Maurice Obstfeld, University of California at Berkeley and NBER |
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Current
Account Imbalances and the Sovereign Debt Crises in Europe |
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2:00 pm |
Alberto Alesina, Harvard University and NBER |
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Favero Carlo, Bocconi
University |
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Francesco Giavazzi, Bocconi University |
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Fiscal
Policy: The Role of “Confidence” |
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2:15 pm |
Oscar Jorda, University of California at Davis |
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Moritz Schularick, Free University of Berlin |
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Alan Taylor,
University of Virginia and NBER |
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Sovereigns
versus Banks: Crises, Causes, and Consequences |
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2:30 pm |
Break |
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3:00 pm |
Jack Favilukis, London School of Economics |
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Sydney Ludvigson, New York University and NBER |
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Stijn Van Nieuwerburgh,
New York University and NBER |
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Foreign
Ownership of US Safe Assets: Good or Bad |
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3:15 pm |
Pablo D’Erasmo, University of Maryland |
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Enrique Mendoza,
University of Maryland and NBER |
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Distributional
Incentives in an Equilibrium Model of Domestic Sovereign Default |
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3:30 pm |
Carmen Reinhart,
Peterson Institute for International Economics and NBER |
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Vincent Reinhart,
American Enterprise Institute |
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Kenneth Rogoff, Harvard University and NBER |
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Debt
Overhangs |
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3:45 pm |
Atif Mian,
University of California at Berkeley and NBER |
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Amir Sufi, University
of Chicago, and NBER |
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Francesco Trebbi, University of British Columbia and NBER |
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Resolving
Debt Overhang: Political Constraints in the Aftermath of Financial Crises |
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4:00 pm |
Break |
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4:15 pm |
Graciela Kaminsky, George Washington University and NBER |
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Pablo Vega-Garcia, George
Washington University |
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One
Size Fits All? Defaults, Renegotiations, and Haircuts in Latin America:
1820-1931 |
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4:30 pm |
Fabrizio Balassone,
Bank of Italy |
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Mauro Francese, Bank of Italy |
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Angelo Pace, Bank of Italy |
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Public
Debt and Economic Growth in Italy |
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4:45 pm |
Soner Baskaya, Central Bank of the Republic of Turkey |
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Sebnem Kalemli-Ozcan,
University of Maryland and NBER |
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Rare
Disasters and Financial Crises |
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5:00 pm |
Adjourn |
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Tuesday, July
10: |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Raphael Auer, Swiss National Bank |
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9:30 am |
Break |
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9:45 am |
Katheryn
Russ, University of California at Davis and NBER |
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10:45 am |
Break |
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11:00 am |
George Alessandria, Federal Reserve Bank of Philadelphia |
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12:00 n |
Lunch |
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Royal
Sonesta Hotel – Parkview Room |
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2:40 pm |
Break |
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4:30 pm |
Adjourn |
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Wednesday,
July 11: |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Kristin Forbes, Massachusetts Institute of Technology and
NBER |
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9:30 am |
Break |
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9:45 am |
Maya R. Eden, World Bank |
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10:45 am |
Break |
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11:00 am |
Stephanie Schmitt-Grohe,
Columbia University and NBER |
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12:00 n |
Lunch and Adjourn |
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6:00 pm |
Clambake,
Harvard Faculty Club, 20 Quincy Street, Cambridge, MA |
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Thursday,
July 12: |
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The European Crises Organizers: Kristin Forbes and
Pierre-Olivier Gourinchas Royal Sonesta
Hotel - Ballroom A, West Tower |
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Friday, July
13:
- Meeting at the Hotel Marlowe |
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8:00 am |
Coffee and Pastries |
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8:30 am |
Christian Fons-Rosen, Universitat Pompeu Fabra |
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9:30 am |
Break |
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9:45 am |
Valentina
Bruno, American University |
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10:45 am |
Break |
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11:00 am |
Thomas J. Holmes, University of Minnesota and NBER |
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12:00 n |
Lunch and Adjourn |
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