XXV Workshop in International Economics and Finance

28, 29 y 30 de Agosto 
Universidad Torcuato Di Tella

Av. Figueroa Alcorta 7350, Buenos Aires

Program | PDF

Monday, August 28th, 2023 | Room SV203, UTDT 
(Presentaciones en inglés sin traducción simultánea)

9.30-9:45 Accreditation & coffee

9:45-10:00 Welcoming Remarks
Juan José Cruces, Universidad Torcuato Di Tella
Fernando Álvarez, Becker Friedman Institute
Alejandro Izquierdo, Inter-American Development Bank

Chair: Constantino Hevia (Universidad Torcuato Di Tella)

10:00-11:15  
"Sanctions and the Exchange Rate" | Dmitry Mukhin (London School of Economics) and Oleg Itskhoki
Discussant: Javier García-Cicco (Universidad de San Andrés)

11:15-12.30  
"Models of Balance of Payments Crises with Capital Controls" | Andrés Neumeyer (Universidad Torcuato Di Tella), Emilio Espino and Alfonso Gauna 
Discussant: Andrés Fernández Martin (International Monetary Fund)

12:30-2:00 Lunch (by invitation only)

Chair: Emilio Espino (Universidad Torcuato Di Tella)

2:00-3:15 
"Nonlinear Inflation Dynamics in Menu Cost Economies" | Andrés Blanco (Federal Reserve Bank of Atlanta), Virgiliu Midigrigan, Corina Boar and Callum Jones
Discussant: Ernesto Pasten (Banco Central de Chile)

3:15-4:30 
""A Theory of Payment-Chain Crises" | Saki Bigio (University of California, Los Angeles) 
Discussant: Julián Kozlowski (Federal Reserve Bank of St. Louis)

4:30-5:00 Coffee Break

Chair: Fernando Álvarez (University of Chicago)

5:00-6:15 Keynote lecture: Thomas Sargent (New York University) | "Critique and Consequence"


Tuesday, August 29th, 2023 | | Room SV203, UTDT
(Presentaciones en inglés sin traducción simultánea)

9.45-10:00 Coffee

Chair: Francisco Roch (Universidad Torcuato Di Tella)

10:00-11:15 
"Expected Inflation and Welfare: The Role of Consumer Search" | Francisca Sara-Zaror (Federal Reserve Board)
Discussant: Manuel Macera (Universidad Torcuato Di Tella)

11:15-12.30 
"Political Economy of Sovereign Debt: A Theory of Cycles of Populism and Austerity" | Ali Shourideh (Carnegie Mellon University), Alessandro Dovis and Mikhail Golosov
Discussant: Francisco Roldán (International Monetary Fund)

12:30-2:00 Lunch (by invitation only)

Chair: Pablo Sanguinetti (Universidad Torcuato Di Tella)

2:00-3:15 
"Staggered Contracts and Unemployment During Recessions" | Effrosyni Adamopoulou (University of Mannheim), Luis Díez Catalán and Ernesto Villanueva
Discussant: Martín Beraja (Massachusetts Institute of Technology)

3:15-4:30 
"Urban Welfare: Tourism in Barcelona" | Rocío Madera (Southern Methodist University), Treb Allen, Simon Fuchs, Sharat Ganapati, Alberto Graziano and Judit Montoriol-Garriga
Discussant: Ariel Burstein (University of California, Los Angeles)

4:30-5:00 Coffee Break

Chair: Juan Pablo Nicolini (Federal Reserve Bank of Minneapolis, Universidad Torcuato Di Tella)

5:00-6:15 Keynote Lecture: Iván Werning (Massachusetts Institute of Technology) | "Inflation is Conflict"


Wednesday, August 30th, 2023 | Room SV303
Policy Session


8:15-8:30 Coffee 

8:30-10:30 The Conquest of Fiscal Deficits: Dos and Do Nots in Latin America
Chair: Francisco Gismondi (ADEBA)

Daniel Artana, FIEL
Alejandro Izquierdo, Inter-American Development Bank
Carola Pessino, Inter-American Development Bank 

9:30-10:30 Central Bank Independence, Commmitment and Dollarization
Chair: Iván Werning, Massachusetts Institute of Technology

Luis Céspedes, Board Member, Banco Central de Chile
Federico Sturzenegger, Universidad de San Andrés
Carlos Viana de Carvalho, former Deputy Governor Banco Central do Brasil


10:30-11:00 Coffee Break 

11:00-12:15 The Conquest of Inflation
Chair: Fernando Álvarez, University of Chicago

Thomas Sargent, New York University
Juan Pablo Nicolini, Federal Reserve Bank of Minneapolis and Universidad Torcuato Di Tella

12:15-13:30 Argentina’s Economic Policy 2023-2027
Chair: Andrés Neumeyer, Universidad Torcuato Di Tella

Gabriel Rubinstein, Vice-ministro de Economía de la Nación
Luciano Laspina, Diputado nacional, Juntos por el Cambio

*The organization of this event is possible thanks to the generous financial support provided by: LACEA, the World Bank LAC Chief Economist Office, The   Becker Friedman Institute, ADEBA and the Inter-American Development Bank’s Research Department.


Scientific Committee
Cristina Arellano, Laura Castillo-Martínez, Alejandro Izquierdo, Andrés Neumeyer, Stephanie Schmitt-Grohé, Guillermo Vuletin.