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International Finance and Macroeconomics.

Members of the NBER's International Finance and Macroeconomics Program met March 8 in Cambridge. Faculty Research Fellow Cristina Arellano of the Federal Reserve Bank of Minneapolis, Research Associate Brent Neiman of the University of Chicago, and Program Director Pierre-Olivier Gourinchas of the University of California, Berkeley organized the meeting. These researchers' papers were presented and discussed:

* Egemen Eren, Bank for International Settlements, and Semyon Malamud, Swiss Finance Institute, "Dominant Currency Debt"

* Javier Bianchi, Federal Reserve Bank of Minneapolis and NBER, and Jorge Mondragon, "Monetary Independence and Rollover Crises" (NBER Working Paper No. 25340)

* Kalina Manova, University College London; Antoine Berthou, Banque de France; Jong Hyun Chung, Stanford University; and Charlotte Sandoz, International Monetary Fund, "Productivity, (Mis)allocation, and Trade"

* Illenin Kondo, University of Notre Dame; Fabrizio Perri, Federal Reserve Bank of Minneapolis; and Sewon Hur,

Federal Reserve Bank of Cleveland, "Real Interest Rates, Inflation, and Default"

* Juan Morelli and Diego Perez, New York University, and Pablo Ottonello, University of Michigan, "Global Banks and Systemic Debt Crises"

* Mishita Mehra, Grinnell College, "Skilled Immigration, Firms, and Policy"

* Rodrigo Barbone Gonzalez, Central Bank of Brazil, and Dmitry Khametshin, Jose-Luis Peydro, and Andrea Polo, Pompeu Fabra University, "Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles"

Summaries of these papers are at

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Title Annotation:Program and Working Group Meeting
Publication:NBER Reporter
Geographic Code:1U4MN
Date:Mar 1, 2019
Previous Article:Economic Fluctuations and Growth.
Next Article:Monetary Economics.

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