Programme Area International Finance

International Macroeconomics and Finance

Years active: January 2015

The IMF programme is one of the three successors to the old International Macroeconomics (IM) programme, along with Macroeconomics and Growth (MG) and Monetary Economics and Fluctuations (MEF).

Key areas covered are, inter alia:

international macroeconomics
international financial architecture
international crisis research
exchange rate and international capital flows research
other research related to international macroeconomic linkages and policies

Symposia

The IMF Programme has two regular events. The European Summer Symposium for International Macroeconomics (ESSIM) is held jointly with the MG and MEF programmes, and the IMF Symposium, which takes place once a year and rotates among hosting institutions.

Event Series

The European Summer Symposium in International Macroeconomics (ESSIM)

The European Summer Symposium for International Macroeconomics (ESSIM) is held jointly with the IMF, MG and MEF programmes. ESSIM, CEPR’s long-standing annual symposium for International Macroeconomics, brings together Europe's top macroeconomists with a few US-based scholars for an intensive and highly interactive four-day conference. There is no central theme for ESSIM rather researchers present their best, current research on macroeconomics.

Business Cycles
Central Banking
International Finance
Macroeconomic policy
Monetary Policy

Event Series

The International Macroeconomics and Finance Programme Annual Meeting

The IMF Symposium takes place once a year and rotates among hosting institutions. The best cutting-edge research in International Macroeconomics and Finance, empirical and theoretical, is presented and discussed.

International Finance

Programme Directors

Silvana Tenreyro

External Monetary Policy Committee Member Bank Of England; Professor Department Of Economics, London School Of Economics And Political Science

Fellow, International Macroeconomics and Finance / RPN Member, Central Bank Communication / Programme Director, International Macroeconomics and Finance / Fellow, Monetary Economics and Fluctuations / Fellow, Development Economics / Fellow, Macroeconomics and Growth

Research Fellows

Laura Alfaro

Warren Alpert Professor of Business Administration Harvard University

Cristina Arellano

Senior Economist Federal Reserve Board of Minneapolis; Adjunct Professor University Of Minnesota

Vladimir Asriyan

Affiliated Professor Barcelona School Of Economics; Senior Researcher Centre De Recerca En Economia Internacional (CREI); Research Professor

Stefan Avdjiev

Adviser for Financial Stability Bank For International Settlements

Philippe Bacchetta

Swiss Finance Institute Professor of Macroeconomics HEC Lausanne

Yan Bai

Doctoral Student, Gerald J. and Dorothy R. Friedman School of Nutrition Science and Policy Tufts University

Söhnke Bartram

Professor of Finance University Of Warwick

Roel Beetsma

Dean of the Faculty of Economics and Business and Professor of Macroeconomics University Of Amsterdam

Fellow, International Macroeconomics and Finance / Fellow, Macroeconomics and Growth / RPN Member, European Economic Policy

Rudolfs Bems

Deputy Division Chief International Monetary Fund

Kenza Benhima

Professor of Macroeconomics HEC Lausanne

Gianluca Benigno

Professor Associate Professor in the Department of Economics London School Of Economics And Political Science

Peter Bofinger

Professor for Monetary Policy and International Economics University of Wuerzburg

Benjamin Born

Associate Professor of Macroeconomics Frankfurt School Of Finance & Management

Emine Boz

Assistant to the Director, IMF Research Department; Co-Editor, IMF Economic Review International Monetary Fund

Jorge Braga de Macedo

Jubilee Professor of Economics London Business School; Em. Professor of Economics NOVA University Lisbon

Fernando Broner

Adjunct Professor Barcelona School Of Economics; Senior Researcher Centre De Recerca En Economia Internacional (CREI); Adjunct Professor Pompeu Fabra University

Willem Buiter

Adjunct Senior Fellow Council on Foreign Relations in New York

José Manuel Campa

Professor of Financial Management and Economics IESE Business School, Barcelona

Luís Catão

Associate Professor Lisbon School of Economics and Management and UECE-REM, University of Lisbon

Anusha Chari

Professor of Economics and Finance at the Department of Economics and Kenan-Flagler Business School University of North Carolina at Chapel Hill

Natalie Chen

Professor of Economics University Of Warwick

Nicolas Coeurdacier

Professor of Economics Sciences Po Paris University

Daniel Cohen

Professor of Economics École Normale Supérieure Paris-Saclay; Professor of Economics Paris School of Economics (PSE)

Fabrizio Coricelli

Emeritus Professor Paris School of Economics (PSE); Professor of Economics University Of Siena

Isabel Correia

Head of Research and Economics Department Bank of Portugal; Full Professor Catholic University of Portugal

Giancarlo Corsetti

Pierre Werner Chair and Joint Professor, Department of Economics and Robert Schuman Centre for Advanced Studies European University Institute

Paul De Grauwe

John Paulson Chair in European Political Economy London School Of Economics And Political Science

Luca Dedola

Senior Adviser, Directorate General Research European Central Bank

Harris Dellas

Research Fellow Federal Reserve Bank Of St. Louis; Professor and Co-Director, Institute of Political Economy University Of Bern

Michael B Devereux

Professor of Economics at the Vancouver School of Economics University Of British Columbia

Julian di Giovanni

Head of Climate Risk Studies Department Federal Reserve Bank Of New York

Barry Eichengreen

George C. Pardee and Helen N. Pardee Professor of Economics and Political Science University Of California, Berkeley

Charles Engel

Professor of Economics University of Wisconsin – Madison

Ester Faia

Professor Goethe University Frankfurt

Fellow, International Macroeconomics and Finance / Fellow, Macroeconomics and Growth / RPN Member, Central Bank Communication / RPN Member, Fintech and Digital Currencies / Fellow, Banking and Corporate Finance

Andrea Ferrero

Professor of Economics and Senior Research Fellow, Trinity College University Of Oxford

Luca Fornaro

Affiliated Professor Barcelona School Of Economics; Senior Researcher Centre De Recerca En Economia Internacional (CREI); Adjunct Professor Pompeu Fabra University

Marcel Fratzscher

President Deutsches Institut Für Wirtschaftsforschung (diw Berlin); Professor of Macroeconomics and Finance Humboldt University Of Berlin

Fellow, International Macroeconomics and Finance / RPN Member, European Economic Policy

Ippei Fujiwara

Professor of Macroeconomics Australian National University; Professor of Macroeconomics Keio University

Ana Beatriz Galvão

Global Modeling Team, Senior Economist Fellow Office For National Statistics; Professor of Economic Modelling and Forecasting, Warwick Business School University Of Warwick

Gaston Gelos

Assistant Director, Western Hemisphere Department International Monetary Fund

Fabio Ghironi

Paul F. Glaser Professor of Economics University Of Washington

Francesco Giavazzi

Deputy Chair of Bocconi University International Advisory Board and Professor Emeritus Bocconi University

Pierre-Olivier Gourinchas

Chief Economist International Monetary Fund; Professor of Global Management and Director, Clausen Center for International Business and Policy Professor of Global Management and Director, Clausen Center for International Business and Policy University Of California, Berkeley

Galina Hale

Professor of Economics University of California, Santa Cruz

Philipp Hartmann

Deputy Director General Research European Central Bank

Tarek Hassan

Professor of Economics Boston University

Jonathan Heathcote

Monetary advisor Federal Reserve Board of Minneapolis

Ida Hjortsø

Senior Research Manager, Research Hub Bank Of England

Harry Huizinga

Professor of Economics Tilburg University

Jean Imbs

Research Director French National Centre for Scientific Research; Professor of Economics New York University Abu Dhabi; Professor of Economics Paris School of Economics (PSE)

Takatoshi Ito

Professor at the School of International and Public Affairs Columbia University

Olivier Jeanne

Professor of Economics Johns Hopkins University; Nonresident Senior Fellow Peterson Institute for International Economics (PIIE)

Òscar Jordà

Senior Policy Advisor Federal Reserve Bank Of San Francisco; Professor of Economics University of California, Davis

Sebnem Kalemli-Özcan

Neil Moskowitz Endowed Professor of Economics University Of Maryland

Lutz Kilian

Senior Economic Policy Adviser Federal Reserve Bank Of Dallas

Robert Kollmann

Professor of Economics ECARES, ULB

Anton Korinek

Nonresident Fellow Brookings Institution; Research Associate National Bureau Of Economic Research (NBER); Professor, Department of Economics and Darden School of Business University Of Virginia

M. Ayhan Kose

Director of the Prospects Group The World Bank

Signe Krogstrup

Governor Danmarks Nationalbank

Philip Lane

Whately Professor of Political Economy Trinity College Dublin

Fellow, International Macroeconomics and Finance / RPN Member, Central Bank Communication / Fellow, International Macroeconomics and Finance

Sarah Lein

Research Network Fellow Cesifo; Full Professor of Macroeconomics University Of Basel

Andrei Levchenko

John W. Sweetland Professor of International Economics University of Michigan, Ann Arbor

Karen K. Lewis

Sondheimer Professor of International Economics and Finance University Of Pennsylvania

Jesper Linde

Researcher Sveriges Riksbank

Hanno Lustig

The Mizuho Financial Group Professor of Finance, Senior Fellow, Stanford Institute for Economic Policy Research Stanford University

Bartosz Mackowiak

Lead Economist, Directorate General Research European Central Bank

Matteo Maggiori

Moghadam Family Professor of Finance in the Graduate School of Business Stanford University

Alberto Martín

Senior Researcher Centre De Recerca En Economia Internacional (CREI); Senior Adviser, DG Research European Central Bank; Research Professor ICREA-Universitat Pompeu Fabra and Barcelona School of Economics

Philippe Martin

Vice President, Europe Centre for Economic Policy Research; Professor of Economics and Dean School of Public Affairs Sciences Po Paris University

CEPR Vice President / Fellow, International Macroeconomics and Finance / Fellow, International Trade and Regional Economics / Fellow, Macroeconomics and Growth / RPN Member, Spatial Disparities and Policy / RPN Member, European Economic Policy / RPN Member, International Lending and Sovereign Debt / RPN Member, Geoeconomics

Arnaud Mehl

Adviser in the International Policy Analysis Division European Central Bank

Isabelle Mejean

Professor Ecole Polytechnique; Professor of Economics Professor Sciences Po

Gian Maria Milesi-Ferretti

Senior Fellow The Brookings Institution

Marcus Miller

Research Associate, ESRC Centre for Competitive Advantage in the Global Economy University Of Warwick

Tommaso Monacelli

Professor of Economics Bocconi University

Gernot Müller

Professor of Economics University of Tübingen

Brent Neiman

Professor of Economics at Booth School of Business University Of Chicago; Counselor to the Secretary US Department of the Treasury

Friederike Niepmann

Section Chief, International Finance Division Federal Reserve Board Of Governors

Kevin O'Rourke

Professor of Economics New York University Abu Dhabi

Maurice Obstfeld

C. Fred Bergsten Senior Fellow Peterson Institute for International Economics (PIIE)

Franziska Ohnsorge

Research Associate Chief Economist, South Asia Region The World Bank

Jonathan D. Ostry

Professor of the Practice Georgetown University

Ugo Panizza

Vice President, New Ventures Centre for Economic Policy Research; Professor of Economics and Pictet Chair Geneva Graduate Institute (IHEID)

Fellow, International Macroeconomics and Finance / CEPR Vice President / RPN Member, International Lending and Sovereign Debt / Occasional Papers

Evi Pappa

Full Professor Universidad Carlos Iii De Madrid

Roberto Perotti

Professor of Economics, IGIER Bocconi University

Fabrizio Perri

Monetary Advisor Bocconi University; Professor of Economics University Of Minnesota

Paolo Pesenti

Director, Monetary Policy Research Division Research and Statistics Group Federal Reserve Bank Of New York

Céline Poilly

Professor of Economics Aix Marseille School Of Economics; Assistant Professor HEC Lausanne

Richard Portes

Fellow, International Macroeconomics and Finance / Fellow, Monetary Economics and Fluctuations / RPN Member, Fintech and Digital Currencies / Fellow, Banking and Corporate Finance

Andrea Presbitero

Senior Economist International Monetary Fund; Associate Professor of Economics Johns Hopkins University

Vincenzo Quadrini

Research Associate National Bureau Of Economic Research (NBER); James McN. Stancill Chair in Business Administration Professor of Finance and Business Economics University Of Southern California

Morten Ravn

Professor of Economics Professor of Economics University College London

Assaf Razin

Research Associate National Bureau Of Economic Research (NBER); Bernard Schwartz Professor (Emeritus) Tel Aviv University

Sérgio Rebelo

Tokai Bank Distinguished Professor of International Finance, Kellogg School of Management Northwestern University

Alessandro Rebucci

Associate Professor of Finance Johns Hopkins University

Carmen Reinhart

Minos A. Zombanakis Professor of the International Financial System Harvard Kennedy School

Hélène Rey

Vice President, Special Projects Centre for Economic Policy Research; Lord Bagri Professor of Economics London Business School

Fellow, International Macroeconomics and Finance / RPN Member, European Economic Policy / Fellow, Asset Pricing / Fellow, Banking and Corporate Finance / CEPR Vice President

Luca Antonio Ricci

Mission Chief International Monetary Fund

Federica Romei

Assistant Professor Stockholm School Of Economics

Andrew Rose

Dean of the NUS Business School National University Of Singapore; Professor Emeritus at the Haas School of Business University Of California, Berkeley

Nouriel Roubini

Damiano Sandri

Principal Economist Bank For International Settlements

Lucio Sarno

Professor of Finance University Of Cambridge

Philip Sauré

Professor of Economics Johannes Gutenberg University of Mainz

Maik Schmeling

Professor of Finance Goethe University Frankfurt

Stephanie Schmitt-Grohé

Professor of Economics Columbia University

Raphael Schoenle

Associate Professor of Economics Brandeis University

Almuth Scholl

Professor of Economics University Of Konstanz

Ina Simonovska

Associate Professor University of California, Davis

Bent E Sørensen

Lay Professor of International Economics University Of Houston

Alan Sutherland

Professor of Economics University Of St Andrews

Lars E.O. Svensson

Affiliated Professor, Department of Economics Stockholm School Of Economics; Affiliated Professor, Institute for International Economic Studies Stockholm University

Alan M. Taylor

C. Bryan Cameron Chair in International Economics and Distinguished Professor of Economics and Finance University of California, Davis

Mark Taylor

Managing Director in the London office Blackrock; Professor of International Finance University Of Warwick

Silvana Tenreyro

External Monetary Policy Committee Member Bank Of England; Professor Department Of Economics, London School Of Economics And Political Science

Linda Tesar

Professor of Economics University of Michigan, Ann Arbor

Cédric Tille

Professor of Economics Geneva Graduate Institute (IHEID)

Christoph Trebesch

Director of Research Area "International Finance and Macroeconomics" Kiel Institute for World Economics; Professor of Economics Kiel University

Frederick van der Ploeg

Professor of Economics University Of Oxford

Sweder van Wijnbergen

Professor University Of Amsterdam

Andrés Velasco

Professor of Public Policy and Dean of the School of Public Policy London School Of Economics And Political Science

Jaume Ventura

Research Professor Barcelona School Of Economics; Senior Researcher and Director Centre De Recerca En Economia Internacional (CREI); Professor Pompeu Fabra University