Activities - Conferences
Third Annual Workshop on Global Interdependence
(jointly organized by CEPR and CREI)
March 28-29, 2008The program committee was formed by Philippe Bacchetta (Université de Lausanne) and Fernando Broner (CREI and UPF) and the conference was jointly organized by CEPR and CREI. The conference brought together top researchers working on a broad set of topics in international finance and international macroeconomics. The breadth of topics and participant backgrounds resulted in intense and very fruitful exchanges of views. Topics included: international portfolios, foreign direct investment, measuring capital flows and rates of return, exchange-rate pass through, monetary policy in open economies, and the political economy of international financial organizations.
Additional information
Papers
March, 28
"International Portfolios with Supply, Demand and Redistributive Shocks" Nicolas Coeurdacier (joint with R. Kollmann and P. Martin)
"The Role of Multinational Production in Cross-country Risk Sharing" Verónica Rappoport (joint withy N. Ramondo)
"Where did all the Borrowing go? A Forensic Analysis of the US External Position" Gian Maria Milesi-Ferretti (joint with P. Lane)
"Where did Capital Flow? Fifty Years of International Rate of Return Differentials and Capital Flows" (not available) Mark Wright (joint with L. Ohanian)
"Who's afraid of a Globalized World? Foreign Direct Investments, Local Knowledge and Allocation of Talents" Giovanni Pica (joint with J. V. Rodríguez-Mora)
"How do the Prices of Different Goods Respond to Exchange Rate Shocks? A Model QUality Pricing to Market" Raphael Auer (joint with T. Chaney)
"Current Account Dynamics and Monetary Policy" Andrea Ferrero (joint with M. Gertler and L. Svensson)
March, 29
"Putting the Parts together: Trade, Vertical Linkages and Business Cycle Co-movement" Julian di Giovanni (joint with A. Levchenko)
"Not all Oil Price Shocks are alike: Disentandling Demand and Supply Shocks in the Crude Oil Market" Lutz Kilian
"Quotas and Voting shares in the IMF: Theory and Evidence" Martín González-Eiras
"Free Flows, Limited Diversification: Explaining the Fall and Rise of Stock Market Correlations, 1890-2001" Hans-Joachim Voth (joint with D. Quinn)
"Capital Flows and Asset Prices in an Open Economy with Asymmetric Information" Cédric Tille (joint with E. van Wincoop)
"Trade Credit and Sovereign Debt" Emanuel Kohlscheen (joint with S. O'Connell)