The 6th International Macroeconomics and Finance Conference
“International Financial System in a Time of Turmoil”
On-line on May 1-2, 2021 (Japan Standard Time, GMT +9)
Keio University
“International Financial System in a Time of Turmoil”
On-line on May 1-2, 2021 (Japan Standard Time, GMT +9)
Keio University
May 1
Keynote Speech
Chair: Michael Devereux (UBC, CEPR, and NBER)
10:00-11:00 “Fiscal Cyclicality and Market Incompleteness”
Carlos Vegh (Johns Hopkins and NBER)
11:00-11:10 Break
Session 1
Chair: Dave Cook (HKUST)
11:10-11:50 "Imperfect Exchange Rate Expectations"
Pierre de Leo (Maryland)
11:50-12:30 "Scrambling for Dollars: International Liquidity, Banks and Exchange Rates"
Charles Engel (Wisconsin, CEPR, and NBER)
12:30-12:40 Break
Session 2
Chair: Jinill Kim (Korea University)
12:40-13:20 "Exchange Rate Disconnect and the General Equilibrium Puzzle"
Yu-Chin Chen (Washington)
13:20-14:00 "Sudden Stops and Optimal Foreign Exchange Intervention"
Michael Devereux (UBC, CEPR, and NBER)
14:00-14:10 Break
Session 3
Chair: Ippei Fujiwara (Keio, ANU and CEPR)
14:10-14:50 “Redistribution and the Monetary-Fiscal Policy Mix"
Saroj Bhattarai (UT Austin)
14:50-15:30 "Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics"
Dirk Niepelt (Bern and CEPR)
May 2
Session 4
Chair: Kwanho Shin (Korea University)
10:00-10:40 "An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies" Alessandro Rebucci (Johns Hopkins, CEPR, and NBER)
10:40-11:20 "External Balance Sheets and the COVID-19 Crisis"
Galina Hale (UCSC and CEPR)
11:20-11:30 Break
Session 5
Chair: Ippei Fujiwara (Keio, ANU, and CEPR)
11:30-12:10 "A Portfolio Approach to Global Imbalances"
Zhengyang Jiang (Northwestern)
12:10-12:50 "The Anatomy of the Consumption Response to a Household Foreign Currency Debt Crisis"
Emil Verner (MIT)
Co-organizers:
David Cook (HKUST)
Michael Devereux (University of British Columbia, CEPR, and NBER)
Ippei Fujiwara (Keio University, ANU, and CEPR)
Jinill Kim (Korea University)
Kwanho Shin (Korea University)