Papers - 10th Annual Workshop on MGI, 6-7 March, Dublin

Friday 6 March

10:45 – 11:40 “Exchange Rates, Aggregate Productivity and the Currency of Invoicing of International Trade”

*Javier Cravino (University of Michigan)

Discussant slides (Stefanie Haller): here 

11:40 – 12:35 “Quality, Trade, and Exchange Rate Pass-Through”

*Natalie Chen (University of Warwick and CEPR) withLuciana Juvenal (International Monetary Fund)

13:50 – 14:45 “Global Liquidity and Drivers of Cross-Border Bank Flows”

(Paper) (Slides)

*Eugenio Cerutti (International Monetary Fund) with Stijn Claessens (International Monetary Fund, University of Amsterdam and CEPR) and Lev Ratnovski (International Monetary Fund)

Discussant slides (Robert McCauley): here

14:45 – 15:40 The Two Components of International Capital Flows”

*Francis E. Warnock (University of Virginia and NBER) with Shaghil Ahmed (Federal Reserve System), Stephanie E. Curcuru (Federal Reserve System) and Andrei Zlate (Federal Reserve System)

Discussant slides (Vahagn Galstyan): here

16:00 – 16:55 “Policy Cooperation, Incomplete Markets and Risk Sharing”

(Paper) (Slides)

*Charles M Engel (University of Wisconsin)

Discussant slides (Philippe Bacchetta): here

16:55 – 17:50 “Understanding the Gains from Wage Flexibility: The Exchange Rate Connection”

 *Tommaso Monacelli (Bocconi University, IGIER and CEPR) with Jordi Galí (CREI, Universitat Pompeu Fabra and CEPR)

 

Saturday 7 March

09:00 – 10:00 Finance and Synchronization” (slides)

 *Jean Imbs (Paris School of Economics and CEPR) with Ambrogio Cesa-Bianchi (Bank of England) and Jumana Saleheen (Bank of England)

Discussant slides (Robert Kollmann): here

10:00 – 11:00  “Who Owns Europe's Firms? Globalization and Foreign Investment in Europe”

 *Carolina Villegas-Sanchez (ESADE, Barcelona) with Sebnem Kalemli-Ozcan (University of Maryland and CEPR), Volodymyr Korsun (University of Houston) and Bent Sørensen (University of Houston and CEPR)

11:10 – 12:05 Portfolio Choice and Partial Default in Emerging Markets: A Quantitative Analysis”

(Paper) (Slides)

*Kieran Walsh (Darden School of Business, University of Virginia)

Discussant slides (Michael Curran): here