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Generalitat de Catalunya Universitat Pompeu Fabra

Activities - Conferences

Exchange Rates and Prices in General Equilibrium: Theory, Evidence and Policy Implications

CEPR/CREI Conference

May 29-30, 2000

      The conference was sponsored jointly with the CEPR. The program was prepared by Jordi Galí and Andrew Rose (University of California, Berkeley). Financial support was obtained from the Spanish Ministerio de Educación y Cultura and from the Generalitat de Catalunya.

 

      The main objective of the conference was to revisit the new developments in the international macroeconomic literature both from a theoretical and an empirical point of view. The conference was organized in three sessions, and covered recent research on topics like currency unions, monetary policy in the open economy, Euro area modeling, financial crises, and others of significant policy relevance and current interest.


Additional information

Working papers available

Exchange Rate Volatility and Economic Openness: Theory and Evidence
by Harald Hau

 

Currency Unions
by Alberto Alesina and Robert J. Barro

 

Optimal Monetary Policy in Currency Area
by Pierpaolo Benigno

 

The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates
by Philip R. Lane

 

Monetary Policy in the Open Economy Revisited: Price Setting and Exchange Rate Flexibility
by Michael B. Devereux and Charles Engel

 

On the Fundamentals of Self-Fulfilling Speculative Attacks
by Craig Burnside, Martin Eichenbaum and Sérgio Rebelo

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