June 3-4, 2010 |
Thursday, June 3, 2010 | |
8:30 a.m. | Breakfast |
8:45 a.m. | Opening Remarks |
9:00 a.m. | Session I: The Collapse of Global Trade Chair: Rebecca Hellerstein, Federal Reserve Bank of New York Off the Cliff and Back? Credit Conditions and International Trade during the Global Financial Crisis ![]() Presentation >> ![]() Davin Chor, Singapore Management University Kalina Manova, Stanford University Discussant: Philippe Martin, Sciences Po Discussion >> ![]() |
10:00 a.m. | Firms and the Global Crisis: French Exports in the Turmoil ![]() Presentation>> ![]() Jean-Charles Bricongne, Bank of France Lionel Fontagne, Paris School of Economics Guillaume Gaulier, Bank of France Daria Taglioni, European Central Bank Vincent Vicard, Bank of France Discussant: Linda Tesar, University of Michigan Discussion ![]() |
11:00 a.m. | Break |
11:15 a.m. | Session II: Global Macroeconomic Policy Chair: Paolo Pesenti, Federal Reserve Bank of New York What Determines Government Spending Multipliers? ![]() Giancarlo Corsetti, European University Institute Andre Meier, International Monetary Fund Gernot J. Muller, University of Bonn and Center for Economic and Policy Research Discussants: Robert Hall, Stanford University Discussion >> ![]() Michael Woodford, Columbia University Discussion >> ![]() |
12:15 p.m. | Lunch, Liberty Room, 1st Floor |
2:00 p.m. |
The Financial Crisis and Sizable International Reserves Depletion: From “Fear of Floating” to the “Fear of Losing International Reserves”? Joshua Aizenman, University of California at Santa Cruz |
3:15 p.m. | Panel Discussion: International Financial Linkages: What We Knew, What We Have Learned, and Policy Challenges Chair: Donald L. Kohn, Vice Chairman, Board of Governors of the Federal Reserve System Panel: Willem Buiter, Chief Economist, Citigroup Peter Hooper, Chief Economist, Deutsche Bank Discussion >> ![]() Marc Saidenberg, Senior Vice President, Federal Reserve Bank of New York |
4:45 p.m. | Coffee Break |
5:00 p.m. | Keynote Address: William C. Dudley, President and Chief Executive Officer, Federal Reserve Bank of New York |
5:45p.m. | Reception, West Wing Coin Room, 1st Floor |
6:30 p.m. | Dinner (by Invitation Only), Liberty Room, 1st Floor |
Friday, June 4, 2010 | |
8:30 a.m. | Breakfast |
9:00 a.m. |
Session III: Channels of International Financial Transmission |
10:00 a.m. | Market Response to Policy Initiatives during the Global Financial Crisis ![]() Presentation >> ![]() Yacine Aït-Sahalia, Princeton University Jochen Andritzky, International Monetary Fund Andreas Jobst, International Monetary Fund Sylvia Nowak, International Monetary Fund Natalia Tamirisa, International Monetary Fund Discussants: Jeff Frankel, Harvard University Discussion >> ![]() John Williams, Federal Reserve Bank of San Francisco Discussion >> ![]() |
11:15 a.m. | Break |
11:30 a.m. | Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007-09 ![]() Presentation >> ![]() Viral Acharya, New York University Philipp Schnabl, New York University Discussants: Kenneth Froot, Harvard Business School Discussion >> ![]() Clara Vega, Board of Governors of the Federal Reserve System Discussion >> ![]() |
12:45 p.m. | Lunch, Liberty Room, 1st Floor |
2:00 p.m. |
Cross-Border Banking and the International Transmission of Financial Distress during the Crisis of 2007-2008 |
3:30 p.m. | Adjourn Gold-Vault Tour (by Invitation Only) |
Conference Location Federal Reserve Bank of New York 33 Liberty Street Multi Purpose Room, 10th Floor New York, New York |