Universidad Torcuato Di Tella

IEF Workshop

2003, Buenos Aires. VI Workshop in International Economics and Finance

PROGRAM

Monday, December 8th, 2003
UTDT Campus
Miñones 2177, Buenos Aires

9.00 - 9.30
Breakfast

9.30 - 11.00
Government Finance in the Wake of a Currency Crises
Craig Burnside, UVirginia; Martin Eichenbaum, Northwestern University, NBER and FRBChicago; and Sergio Rebelo, Northwestern University, NBER and CEPR.
Discussant: Claudio Irigoyen, BCRA.

11.15 - 12.45
On the Empirics of Sudden Stops
Guillermo Calvo, IADB; Alejandro Izquierdo, IADB; and Luis Fernando Mejía, University of Chicago.
Discussant: Martin Eichenbaum, Northwestern University, NBER and FRBChicago.

12.45 - 15.15
Lunch

15.15 - 16.45
Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation
Laura Alfaro, Harvard Business School; Sebnem Kalemli-Ozcan, University of Houston; Vadym Volosovych, University of Houston.
Discussant. Federico Sturzenegger, Ph.D.in Economics, MIT.

17.00 - 18.30
Tough Policies: Incredible Policies?
Alejandro Neut, MIT; and Andres Velasco, Harvard University and NBER.
Discussant: Nancy Stokey, University of Chicago.
.

Tuesday, December 9th, 2003.
UTDT Campus
Miñones 2177, Buenos Aires

Policy sessions

15.00-15.15

Apertura
Gonzalo Verdomar Weiss, Director Fundación Banco Francés.
Andrés Neumeyer, Director Departamento de Economía UTDT.

15.15-15.55
Crisis Financieras en América Latina
Guillermo Calvo, Professor, University of Maryland.

15.55-17.05
¿Cómo Evitar las Crisis Financiera?
Panelistas: Andrés Velasco, Kennedy School of Government.
Pablo Guidotti, Universidad Torcuato Di Tella.
Craig Burnside, University of Virginia.
Ernesto Talvi, CERES.
Moderador: Andrés Neumeyer, Director Departamento de Economía UTDT.

17.05-17.35
Refrigerios

17.35-18.45
¿Para qué sirve el ALCA? 
Panelistas: Adalberto Rodríguez Giavarini, ex Canciller República Argentina.
Cristina Terra, Fundação Getulio Vargas.
Patricio Meller, CEA, Universidad de Chile.
Pablo Sanguinetti, Universidad Torcuato Di Tella.
Moderador: Juan Pablo Nicolini, Rector Universidad Torcuato Di Tella (2001-2009).

18.45-19.25
Las Ventajas del Comercio Internacional
Robert E. Lucas Jr, Profesor, University of Chicago, Nobel Laureate in Economics, 1995.

19.25-19.35
Palabras Finales
Juan Pablo Nicolini, Rector Universidad Torcuato Di Tella.
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Wednesday, December 10th, 2003.
Resort de Campo y Polo

9.00 - 9.30
Breakfast

9.30 - 11.00
Risk and Wealth in Models of Self-Fulfilling Currency Attacks
Bernardo Guimarães, Yale University; and Stephen Morris, Yale University.
Discussant: Hugo Hopenhayn, University of California at Los Angeles.

11.30 - 13.00
A Recontracting Sovereign Debt Model with Trade Credit
Emanuel Kohlscheen, Stockholm University; and Stephen O'Connel, Swarthmore College, USA.
Discussant: William Fuchs, Stanford University.

13.00 - 15.00
Lunch

15.00 - 16.30
Hedging Sudden Stops and Precautionary Recessions: A Quantitative Framework 
Ricardo Caballero, MIT; and Stavros Panageas, MIT.
Discussant: Dave Backus, NYU.
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Thursday, December 11th, 2003.
Resort de Campo y Polo

9.00 - 9.30
Breakfast

9.30 - 11.00
Some Implications of the Eaton-Kortum Model of International Trade
Robert E. Lucas, Jr. University of Chicago.
Dicussant: Jonathan Eaton, NYU.

11.30 - 13.00
Standstills and an International Bankruptcy Court 
Jonathan Eaton, NYU.
Discussant: Raquel Fernandez, NYU.