XXVII Workshop in International Economics and Finance, Asunción, 2025


Wednesday, May 28th, 2025 | Central Bank of Paraguay, Asunción

9:15-9:30 Welcoming Remarks

9:30-10:15 Policy Panel I. Rethinking Taxation

Chair: Javier Charotti (Deputy Minister of Economy and Finance, Paraguay) 

Joao Ayres (Inter-American Development Bank) 

Jessica Roldán-Peña (CAF)

Guillermo Vuletin (The World Bank) 

10:30-12:30  Policy Panel II. The Reform Agenda in Argentina, Paraguay and the United States

Chair: Andy Neumeyer (UTDT) 

Fernando Alvarez (University of Chicago) 

Carlos Fernandez Valdovinos (Ministry of Economy and Finance, Paraguay) 

Federico Sturzenegger (Ministry of Deregulation and State Transformation, Argentina) 

12:30-14:00  Lunch 

14:00-15:15 Informality, Enforcement and Firm Growth | Cezar Santos (IADB) 

Coauthored with Luiz Brotherhood, Daniel Da Mata, Nezih Guner, and Philipp Kircher 

Chair: Pedro Cavalcanti (Fundação Getulio Vargas)

15:15-15:30  Coffee Break 

15:30-16:45  Voting Restrictions, Education and Poverty  | Pedro Cavalcanti (Fundação Getulio Vargas)

Coauthored with Tiago Cavalcanti, Felipe Fiedler, Luciene Pereira and Cezar Santos

Chair: Carlos Viana de Carvalho (PUC-Rio)

16:45-17:00  Coffee Break

17:00-18:15
  Keynote Lecture:"Rethinking Keynesian Fiscal Stimulus" | Valerie Ramey (Hoover Institution, Stanford University) 

Chair: Javier Charotti (Deputy Minister of Economy and Finance, Paraguay) 

19:00  Conference Dinner


Thursday, May 29th, 2025 | Itaipú Dam 

6:00 Check out & transfer from Hotel Aloft/Sheraton to the airport

7:00-8:00 Charter flight to Ciudad del Este/Itaipú

9:00-10:30  Visit to the Itaipú Dam

10:30-11.45  “Hegemonic Globalization” | Alberto Martin (CREI & UPF) 

Coauthored with Fernando Broner, Josefin Meyer and Christoph Trebesch 

Chair: Andy Neumeyer (UTDT)

11:45-13:15  Lunch  

13:15-14.30  "The Macroeconomics of Itaipú" | Constantino Hevia (UTDT) 

Coauthored with Javier Charotti and Andy Neumeyer

Chair: Francisco Ciocchini (UTDT)

14:30-14:45  Coffee Break 

14:45- 16:00 “Natural Resources and Sovereign Risk in Emerging Economies: A Curse and a Blessing” | Paulina Restrepo-Echavarría (Federal Reserve Bank of St. Louis)

Coauthored with Franz Hamann, Juan Camilo Mendez-Vizcaino, Enrique Mendoza

Chair: Francisco Roch (UTDT)

16:00- 17:15 On the Dynamics of a Big Push | Nicholas Trachter (Federal Reserve Bank of Richmond)

Coauthored with Fernando Alvarez and Francisco Buera

Chair: V.V. Chari (University of Minnesota)

17:15-17:30 Coffee Break 

17:30-18:50  Keyonote Lecture: "Trade Shocks in Distorted Economies" | Chang-Tai Hsieh (Chicago Booth)

Chair: Vanessa Alviarez (IADB)

18:45 Transfer & check in at Bisinii Boutique Hotel

20:00 Dinner at Bisinii Hotel Boutique


Friday, May 30th, 2025 | Itaipú Dam 

7:30 Check out & transfer from Bisinii Boutique Hotel to the venue

08:00-09:15  "Taxing the Rich? A Theory of Income and Wealth Inequality" | V.V. Chari (University of Minnesota)

Coauthored with Patrick Kehoe, Pierlauro Lopez, Elena Pastorino, Sergio Salgado

Chair: Fernando Álvarez (University of Chicago)

09:15-10:30 "Investors in Emerging Market Debt: Implications for Sustainability" | Karen Lewis (Wharton School, UPenn) 

Chair: Andy Neumeyer (UTDT)

10:30 Closing Remarks

10:40- 11:00 Brunch

11:00 Transfer to the Iguazú Falls (Brazil)

13:00- 16:00  Tour at the Iguazú Falls