Sponsored by WAGE and Robert M. La Follette School of Public Affairs
Co-sponsored by Dept.
of Economics, EUCE, CIBER
CURRENT ACCOUNT SUSTAINABILITY
IN MAJOR ADVANCED ECONOMIES (II)
Menzie
Chinn and Charles Engel,
Organizers
May 2-3, 2008
Conference Room
University of
PRELIMINARY
PROGRAM
FRIDAY, MAY 2:
8:30 AM
Continental
Breakfast
9:00 AM
Welcome
9:10 AM
CAROL BERTAUT,
Federal Reserve Board
STEVE KAMIN, Federal Reserve Board
CHARLES
THOMAS, Federal Reserve Board
How Long Can the Unsustainable U.S. Deficit be Sustained?
Discussant:
JEFFREY FRANKEL,
10:10 AM
Break
10:25 AM
MARCEL FRATZSCHER, European Central Bank,
ROLAND STRAUB, European Central Bank
Asset Prices and
Current Account Fluctuations in G7 Economies
Discussant:
KENNETH D. WEST,
11:25 AM
STEPHANIE
CURCURU, Federal Reserve Board
FRANK
WARNOCK,
CHARLES
THOMAS, Federal Reserve Board
Current Account Sustainability and the
Relative Reliability of the International Accounts
Discussant:
JOHN KITCHEN, Executive Office of the President
12:30 PM
Lunch
2:00 PM
DENIZ CIVRIL,
CATHERINE
MANN,
U.S. International Trade
in Other Private Services: Do Arm's Length and Intra-Company Trade Differ?
Discussant:
MENZIE CHINN, University of Wisconsin
3:00 PM
GIANCARLO CORSETTI, European University
Institute and
ANDRE MEIER,
European University Institute
GERNOT MULLER,
When, Where and How does Government Spending Matter in
Open Economies? An Empirical Investigation
Discussant:
LUKASZ DROZD,
4:00 PM
Break
4:30 PM
JIANDONG JU,
SHANG-JIN WEI,
Domestic
labor market rigidity and current account adjustment
Discussant:
AKITO MATSUMOTO, International Monetary Fund
5:30 PM
Adjourn
7:00 PM
Dinner
(note change of time)
SATURDAY, MAY 3:
8:30 AM
Continental
Breakfast
9:00 AM
HAMID FARUQEE,
IMF
JAEWOO LEE, IMF
Global Dispersion of Current
Account: Is the Universe Expanding?
Discussant:
HIRO ITO,
10:00 AM
Break
10:15 AM
SUPARNA CHAKRABORTY, Baruch College, CUNY
ROBERT DEKLE,
Productivity
Shocks, Global Financial Integration, and the U.S. Current Account
Discussant:
NELSON MARK, University of Notre Dame
11:15 AM
Break
11:30 AM
CHARLES ENGEL,
JOHN ROGERS, Federal Reserve Board
Discussant:
ANDREA FERRERO, Federal Reserve Bank of
12:30 PM
Lunch and adjourn
Link to Current
Account Sustainability website
6/4/2008