System Committee on International Economic Analysis - April 28-29, 2011

Papers and Presentations

The purpose of these System Committee meetings is to foster research in the areas of open economy macroeconomics, international trade and international finance. The workshops last a day and a half. This year's meeting included a panel discussion on forecasting and monetary policy making.

Thursday, April 28, 2011

Welcoming remarks
John Rogers, Board of Governors

Hours Worked Over the Business Cycle in OECD Countries, 1960–2010 pdf
Andrea Raffo, Board of Governors

Discussant
Lei Fang, Atlanta Fed [Presentation] pdf

Trade and Synchronization in a Multi-Country Economy pdf
Luciana Juvenal, St. Louis Fed

Discussant
Roc Armenter, Philadelphia Fed [Presentation] pdf

International Transmission of Investment-Specific Technology Shocks with Incomplete Asset Markets
Enrique Martinez Garcia, Dallas Fed

Discussant
Luca Guerrieri, Board of Governors

Risk, Returns, and Multinational Production pdf
Jose Fillat, Boston Fed

Discussant
George Alessandria, Philadelphia Fed [Presentation] pdf

Time to Produce and Emerging Market Crises pdf
Felipe Schwartzman, Richmond Fed

Discussant
Horacio Sapriza, Board of Governors [Presentation] pdf

New Keynesian Dynamics in a Low Interest Rate Environment pdf
Toni Braun, Atlanta Fed

Discussant
Roberto Billi, Kansas City Fed [Presentation] pdf


Friday, April 29, 2011

Making Sense of China's Excessive Foreign Reserves pdf
Yi Wen, St. Louis Fed

Discussant
Mark Spiegel, San Francisco Fed [Presentation] pdf

Fiscal Positions and Government Bond Yields in OECD Countries pdf
Joseph Gruber, Board of Governers

Discussant
Christian Grisse, New York Fed [Presentation] pdf

Robust Control, Informational Frictions, and International Consumption Correlations pdf
Jun Nie, Kansas City Fed

Discussant
Anastasios Karantounias, Atlanta Fed [Presentation] pdf

On the Sources of Oil Price Fluctuations
Luca Guerrieri, Board of Governors

Discussant
Sylvain Leduc, San Francisco Fed

Panel on Forecasting and Monetary Policy Making

Panel
Neil Ericsson, Board of Governors; Michael McCracken, St. Louis Fed; and David Altig, Atlanta Fed

Self-Employment in the Global Economy pdf
Federico Diez, Boston Fed

Discussant
David Arseneau, Board of Governors [Presentation] pdf

Emerging Market Business Cycles: The Role of Labor Market Frictions pdf
Bora Durdu, Board of Governors