6th BdF-BoE International Macroeconomics Workshop

The International Directorate of the Bank of England and the International Macroeconomics Division of the Banque de France are organizing a joint workshop on 3 December 2020 on “Micro and macro in international finance”. Liliana Varela (LSE) has accepted to give the keynote lecture.

Thursday 3 December 2020

Zoom (all times refer to Paris time)

14:25

Welcome and housekeeping

14:30

The Hedging Channel of Exchange Rate Determination

Gordon Liao (FRB) & Tony Zhang (Boston University)

Discussant: Simon Lloyd (BoE)

15:00

Foreign Currency Debt and Network Externalities: Matched Credit and Firm-to-Firm Registers’ Evidence during a Foreign Exchange Rate Shock

Salih Fendoğlu (IMF), Eda Gülşen (CBRT) & José-Luis Peydró Author (Imperial College & UPF)

Discussant: Camila Casas (IMF)

15:30

Break

15:40

Keynote lecture: The Micro and Macro Dynamics of Capital Flows

Liliana Varela (LSE)

16:25

Sticky Capital Controls

Miguel Acosta-Henao (CB of Chile), Laura Alfaro (HBS) &Andrés Fernandez (CB of Chile)

Discussant: Sebastián Fanelli (CEMFI)

16:55

Break

17:05

International Financial Flows and Misallocation

Federico Cingano (Bank of Italy) & Fadi Hassan (Bank of Italy)

Discussant: Carolina Villegas-Sánchez (ESADE)

17:35

Open economy, redistribution, and the aggregate impact of external shocks

Haonan Zhou (Princeton)

Discussant: Cristiano Cantore (BoE)

18:05

Adjourn

Organizers:

Ambrogio Cesa-Bianchi, BoE (ambrogio.cesa-bianchi@bankofengland.co.uk)

Fernando Eguren-Martín, BoE (fernando.egurenmartin@bankofengland.co.uk)

Sevim Kösem, BoE (sevim.kosem@bankofengland.co.uk)

Julia Schmidt, BdF (julia.schmidt@banque-france.fr)                                              

Updated on: 12/31/2020 14:59