Scientific Conferences

Financial Crises: Past, Theory and Future
June 8-9, 2007

June 8, 2007

International Risk Sharing and Diversification

1. Fernando Broner and Jaume Ventura, "Globalization and Risk Sharing"

2. Jean Imbs, Paolo Mauro, "Pooling Risk Among Countries"

International Transmissions

3. Guillermo Felices, Christian Grisse, and Jing Yang, "International Financial Transmission: Emerging and Mature Markets"

4. Kris Mitchener and Marc Weidenmier, "The Baring Crisis and the Great Latin American Meltdown of the 1890s"

Sovereign Debt Crises

5. Bernardo Guimaraes, "Optimal External Debt and Default"

6. Mauricio Drelichman, Hans-Joachim Voth, "Lending to the 'Borrower from Hell': Debt Sustainability in the Age of Philip II"

June 9, 2007

The Consequences of Crises

7. Efraim Benmelech, Michael Bordo, "The Financial Crisis of 1873 and 19th Century American Corporate Governance"

8. Marcus Miller, Lei Zhang, "Crises and Recovery in Emerging Markets: 'Phoenix Miracles' or Endogenous Growth"

Asset Market Instability

9. Giovanni Cespa, Xavier Vives, "Dynamic Trading, Asset Prices, and Bubbles"

10. Elroy Dimson, Paul Marsh, Mike Staunton, "Volatility and Portfolio Protection Over 107 Years"

Policy Perspectives

11. David Skeie, "Money and Modern Banking without Bank Runs"

12. Jeronimo Zettelmeyer, Olivier Jeanne and Jonathan Ostry, "Crisis Lending, Moral Hazard, and IMF Conditionality"