XXIII Workshop in International Economics and Finance | Program

XXIII Workshop in International Economics and Finance - RESCHEDULING

In recent weeks we have witnessed how the Corona Virus has rapidly spread around the world. In this context, many organizations have canceled international meetings as well as international travel. Given the growing health concerns related to the virus and with the health and safety of our community in mind, the workshop's organizing committee has decided to postpone the XXIII Workshop in International Economics and Finance that was going to be held in Quito on March 16-17th.  We will assess health risks on a continuing basis in the coming months and announce when the workshop will take place.



Monday, March 16, 2020

 

10.15-10.30

 

Welcoming Remarks 

Vicente Albornoz: Decano de la Facultad de Ciencias Económicas y Administrativas, UDLA

Andy Powell: Principal Economist, IDB

Session 1

Chair: Emilio Espino (UTDT)

10.30-11.30

“The Natural Level of Capital Flows”

Francis Warnock (University of Virginia-Darden & NBER) John Burger and Veronica Cacdac Warnock

Discussant: Andrew Powell (IDB)

 

11.30-12.30

Constrained Efficient Borrowing with Sovereign Default Risk"

Leonardo Martínez (IMF), Francisco Roch and Juan Carlos Hatchondo

Discussant: Paulina Restrepo-Echavarria (FRB St. Louis)

12.30-14.30

Lunch

 

Session 2

Chair: Roberto Mosquera (UDLA)

14.30-15.30

Redistribution, Sovereign Debt, and Optimal Taxation

Monica Tran Xuan (University of Minnesota)

Discussant: Emilio Espino (UTDT)

 

 

15.30-16.30

Illiquidity in Sovereign Debt Markets

Juan Passadore (EIEF) and Yu Xu

Discussant: Gastón Chaumont (University of Rochester)

 

16.30-17.00

Coffee Break

 

Open Session: “Veinte Años de la Dolarización” [i]

Chair: Andrés Neumeyer (UTDT)

17.00-17.30

Richard Martínez Alvarado (Ministro de Economía y Finanzas del Ecuador)

17.30-18.15

Regional Prospects

Eric Parrado

Chief Economist, Research Department, IDB                                                   

Martín Rama

Chief Economist, Latin America and Caribbean, WB

18.15-18.45

Coffee Break

18.45-20.00

Instituciones para Fortalecer la Dolarización en la Economía Ecuatoriana

Juan F Jimeno (Banco de España) Juan Pablo Nicolini (UTDT), Augusto de la Torre (UDLA)

Moderador: Vicente Albornoz (UDLA)

21.00

Conference Dinner

Tuesday, March 17, 2020

 

Session 3

Chair: Paulina Restrepo-Echavarria (FRB St. Louis)

 

10.00-11.00

Big Push, Distortions and Economic Development

Nicholas Trachter (FRB Richmond), Francisco Buera, Hyongs Shin, and Hugo Hopenhayn

Discussant: Roberto Fattal Jaef (WB)

 

11.00-12.00

Emerging Markets, Household Heterogeneity, and Exchange Rate Policy
Gabriela Cugat (IMF)

Discussant: Victoria Nuguer (IDB)

 

 

12.00-14.00

 

Lunch

 

 

Session 4

Chair: Guillermo Vuletin (IDB)

 

14.00-15.00

“A Reassessment of the Cost of Currency Pegs under Wage and Price Rigidities”
Constantino Hevia (UTDT) and Juan Pablo Nicolini

Discussant: TBA

 

 

15.00-16.00

The Effects of Interest Rate Policy on Output, Inflation and Exchange Rates: Transitory versus Permanent Shocks

Martín Uribe (Columbia University) and Stephanie Schmitt-Grohe
Discussant: Juan Pablo Nicolini (UTDT)

 

16.00-16.30

Coffee Break

 

Session 5

Chair and discussant: Tito Cordella (WB)

 

16.30-17.00

“Measurement of the Output Gap: The Case of a Dollarized Economy”

Sara Wong (ESPOL Polytechnic University) and Carlos A. Silva

 

 

17.00-17.30

“Inclusive Globalization – Digital Entrepreneurship and Cross-Border Trade in Emerging Markets”

 Ivy (Ka Yee) La (PayPal)

 

 

17.30-18.00

 

“The Rewards of Fiscal Consolidation: Sovereign Spreads and Confidence Effects”

Juan Francisco Yepez Albornoz (IMF), Antonio C. David and Jaime Guajardo

 

 

18.00-18.15

Closing Remarks

Augusto de la Torre

 

 



[i] Spanish-English simultaneous translation provided