Restructuring the Sovereign Debt Restructuring Mechanism
Mark Wright (UCLA) and Rohan Pitchford (University of Sydney)
Discussant: Johnathan Eaton (NYU)
Conference program
X Workshop in International Economics and Finance
Co-sponsored with Universidad Torcuato Di Tella, the Latin American and Caribbean Economic Association, and the World Bank.
Program
Real Business Cycles in Emerging Countries?
Martin Uribe (Duke University and NBER) Javier Garcia-Cicco (NBER), Roberto Pancrazi (NBER)
Discussant: Enrique Mendoza (University of Maryland)
Uncertainty and Public Funds: Managing Abundance with Politicians
Pierre Yared (Columbia University) Ricardo Caballero (MIT and NBER)
Discussant: Tito Cordella (The World Bank)
Bankruptcy Law and Credit Market: A General-Equilibrium Approach
Bruno Funchal (FUCAPE Business School) Aloisio Araujo (EPGE/FGV and IMPA)
Capital Flows and Asset Prices
Gianluca Benigno (LSE) Kosuke Aoki (LSE), Nobuhiro Kiyotaki (Princeton University)
Discussant: Emilio Espino (Universidad T Di Tella)
A Theory of Credit Scoring and Competitive Pricing of Default Risk
Dean Corbae (University of Texas at Austin) Satyajit Chatterjee (Federal Reserve Bank of Philadelphia), José-Víctor Ríos-Rull (University of Minnesota)
Discussant: Larry Christiano (Northwestern University)
Internal Debt Crises and Sovereign Defaults
Cristina Arellano (University of Minnesota, Federal Reserve Bank of Minneapolis) Narayana Kocherlakota (University of Minnesota, Federal Reserve Bank of Minneapolis, NBER)
Discussant: Guido Sandleris (Universidad T. Di Tella)
Fiscal Policy over the Real Business Cycle: A Positive Theory
Marco Battaglini (Princeton University) and Stephen Coate (Cornell University)
Discussant: Ivan Werning (MIT)
Solving the Country Risk-Business Cycle Disconnect: Endogenous Output Dynamics in a Model of Sovereign Default
Vivian Z. Yue (NYU) and Enrique G. Mendoza (University of Maryland and NBER)
Finance and Development: A Tale of Two Sectors
Francisco J. Buera (Northwestern University), Joseph P. Kaboskiz (Ohio State University) Yongseok Shinx (University of Wisconsin)
Equilibrium Default
Hugo Hopenhayn (UCLA)and Iván Werning (MIT)
Discussant: Emmanuel Farhi (Harvard University)
A Theory of Liquidity and Regulation of Financial Intermediation
Aleh Tsyvinski (Harvard University and NBER) Emmanuel Farhi (Harvard University and NBER), Mikhail Golosov (MIT and NBER)