XVI Workshop in International Economics and Finance, Santo Domingo, 2013

The XIII Workshop in International Economics and Finance took place in Santo Domingo on June 6-7, 2013.

Thursday, June 6, 2013

8.30-8.45 Registration

8.45-9.10 Opening Remarks

Pablo Andrés Neumeyer, Director Departamento de Economía, Universidad Torcuato Di Tella

Héctor Valdez Albizu, Gobernador del Banco Central de la República Dominicana

9.10-13.00 Sovereign Debt and Sovereign Default

Moderator: Pablo Andrés Neumeyer

9:10-10:20  Cristina Arellano (Federal Reserve Bank of Minneapolis), Ban Yai, Linkages across Sovereign Debt Markets

Discussant: Alexander Monge Naranjo (Federal Reserve Bank of St Louis)

Coffee Break

10:40-11:50 César Sosa-Padilla (McMaster University), Juan Carlos Hatchondo, Leonardo Martinez, Debt Dilution and Sovereign Default Risk

Discussant: Guido Sandleris (Universidad Torcuato Di Tella)

11:50-13:00 Alessandro Dovis (University of Minnesota), Efficient Sovereign Default

Discussant: Pablo Kurlat (Stanford University)

13:00-14:00 Lunch

14.00-15.10 Invited Lecture

Moderator: Guillermo Calvo

14:00-15:10 Manuel Amador (Stanford University), Mark Aguiar, Emmanuel Farhi, Gita Gopinath, Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises  

Discussant: Eduardo Fernandez Arias (Inter-American Development Bank)

Coffee Break

15.30-16.30 Sovereign Debt Restructuring: Global and Regional 

Moderator: Tito Cordella

Panelists

Andrew Powell, Principal Advisor, Inter-American Development Bank

Frank Fuentes Brito, Director, Departamento Internacional, Banco Central de la República Dominicana

20:30 Conference Dinner | Pat’e Palo http://www.patepalo.com/


Friday, June 7, 2013

10.00-11.10 Keynote Lecture

Moderator: Guillermo Calvo

10:00-11:10 Ivan Werning (MIT), Guido Lorenzoni, Slow-Motion Sovereign Debt Crises

Discussant: Hugo Hopenhayn (UCLA)

Coffee Break

11.30-16.40 Wages, Employment and Macroeconomic Shocks in Latin America

Moderator: Guido Sandleris

11:30-12:40 Julián Messina (The World Bank), Anna Sanz-de-Galdeano, Wage Rigidity and Disinflation in Emerging Countries

Discussant: Hernan Ruffo (Universidad Torcuato Di Tella)

13:00-14:00 Lunch

14:00-15:10 Marcela Eslava (Universidad de los Andes), John Haltiwanger, Young businesses, Entrepreneurship, and the Dynamics of Employment and Output in Colombia’s Manufacturing Industry

Discussant: Maya Eden (The World Bank)

Coffee Break

15:30-16:40 Javier Garcia-Cicco (Universidad Católica Argentina), Alberto Naudon, Rodrigo Heresi, The Real Effects of Global Risk Shocks in Small Open Economies

Discussant: Andrés Fernández Martín (Inter-American Development Bank)