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May 7-8, 2015
Federal Reserve Bank of Minneapolis
River Room

Agenda PDF
Thursday, May 7, 2015
8:00 - 8:45

Breakfast
River Room

8:45 - 8:55 Introduction to Conference and Welcoming Remarks

Sam Schulhofer-Wohl, SVP and Director of Research
Federal Reserve Bank of Minneapolis

9:00 - 9:50

“Monetary Unions in a Political Economy Model of Fiscal and Monetary Policy Interaction” David Miller (BOG)
Discussant: Fernando Martin (St. Louis)

10:00 - 10:50

“Financial Heterogeneity and Monetary Union” Simon Gilchrist, Raphael Schoenle, Jae Sim (BOG), and Egon Zakrajsek
Discussant: Mathias Trabandt (BOG)

11:00 - 11:50

“No Guarantees, No Trade: How Banks Affect Export Patterns” Friederike Niepmann (NY) and Tim Schmidt-Eisenlohr
Discussant:  Mitchell Berlin (PHL)

12:00 - 1:00 Box Lunch

River Room

 

Sovereign Debt Session

1:00 - 1:45

“Sovereign Default and the Choice of Maturity” Juan Sanchez (St. Louis), Horacio Sapriza and Emircan Yurdagul

2:00 - 2:45

“Sovereign Risk and Bank Balance Sheets: The Role of Macroprudential Policies” Emine Boz, Pablo N. D’Erasmo, and C. Bora Durdu (BOG)

3:00 - 3:45 “International Reserves and Rollover Risk” Javier Bianchi (MPLS), Juan Carlos Hatchondo, and Leonardo Martinez
4:00 - 4:45 “Sovereign Risk, Currency Risk, and Corporate Balance Sheets” Wenxin Du (BOG) and Jesse Schreger
5:00 - 5:45

“Indeterminacy in Sovereign Debt Markets: An Empirical Investigation” Luigi Bocola (MPLS) and Alessandro Dovis
Discussants: Manuel Amador (MPLS), Cristina Arellano (MPLS), Satyajit Chatterjee (PHL), Galina Hale (San Fran), and Jing Zhang (Chicago)

5:45 - 6:30 Cocktail Hour
6:30 Conference Dinner

The Reserve

Friday, May 8, 2015

8:15 - 9:00

Breakfast

9:00 - 9:50

“Capital Account Openness and Unemployment” Qingyuan Du, Jun Nie (KC), and Shang Jin Wei
Discussant: Fabrizio Perri (MPLS)

10:00 - 10:50

“Liquidity Traps and Capital Flows” Sushant Acharya (NY) and Julien Bengui
Discussant: Ozge Akinci (BOG)

11:00 - 11:50

“Evolving Comparative Advantage, Sectoral Linkages, and Structural Change” Michael Sposi (Dallas)
Discussant: Kei-Mu Yi (MPLS)

12:00

Boxed Lunch