Macroeconomics & International Finance Seminars

Macro-International Seminar meets Wednesdays from 2:30-4:00 p.m. in the John W. Kendrick Seminar Room, Monroe Hall 321 (located at 2115 G Street) unless otherwise noted. For information, please contact Professor Tomas Williams

Spring 2020

Wednesday, January 19th 2:30-4:00 pm
Laurel Hammond (GWU)
"Channels of Shock Transmission: Does Active Manegement Matter?"
Wednesday, February 5th 2:30-4:00 pm
Joint with the Trade and Development Seminar
Tim Schmidt-Eisenlohr (Federal Reserve Board)
Wednesday, February 19th, 2:30-4:00 pm
Tomas Dreschel (University of Maryland)
Wednesday, February 26th, 2:30-4:00 pm
Pierre de Leo (University of Maryland)
Wednesday, March 11th, 2:30-4:00 pm
Carolin Pfueger (Univeristy of Chicago)
Wednesday, March 25th, 2:30-4:00 pm
Chenzi Xu (Dartmouth)
Wednesday, April 1st 2:30-4:00 pm
Damien Puy (IMF)
"The Two-Pillar Policy for the RMB"
Thursday, April 16th 12:30-2:00 pm
Joint with the Forecasting Seminar
Daniel O. Beltran and Mohammad R. Jahan-Parvar (Federal Reserve Board)
“Credit gaps as early warning indicators: Accuracy and predictive power trade-offs” (joint with Fiona A. Paine)
Wednesday, April 29th, 2:30-4:00 pm
Tim Schmidt-Eisenlohr (Federal Reserve Board)

Fall 2019

Wednesday, October 9th 2:30-4:00 pm
Nathan Converse (Federal Reserve Board)
Pushing or Pulling? Quantitative Easing, Quantitative Tightening, and International Capital Flows
Wednesday, October 16th, 2:30-4:00 pm
Yuxuan Huang (GWU)
"Reserve Requirement Policy and Interest Rate Spread"
Wednesday, November 13th, 2:30-4:00 pm
Immo Schott (Université de Montréal)
"Corporate Tax Cuts and the Decline of the Manufacturing Labor Share"
Wednesday, October 30th 2:30-4:00 pm
Joint with the Trade and Development Seminar
Claudia Steinwender (MIT)
"All Aboard: The Aggregate Effects of Port Development"
Wednesday, November 6th, 2:30-4:00 pm
Shiyi Wang (GWU)
"International Capital Flow Volatility: The Effects of Local Financial Development and Global Financial Conditions"
Wednesday, November 13th, 2:30-4:00 pm
Katharina Bergant (IMF)
"International Capital Flows and the Security Level-Evidence from the ECB's Asset Purchase Programme"
Wednesday, November 20th 2:30-4:00 pm
Vivian Yue (Emory University)
"The Two-Pillar Policy for the RMB"
Wednesday, December 4th 2:30-4:00 pm
Eiji Goto (GWU)
"Industry Impacts of Unconventional Monetary Policy"


Spring 2019

Wednesday, April 3rd 2:30-4:00 pm
Luis Viceira, Harvard Business School
"Global Portfolio Diversification and Long-Horizon Investors"
Wednesday, April 10th 2:30-4:00 pm
Xiaodong Zhu, University of Toronto
"Structural Change and Aggregate Employment Fluctuations in China and the US"
Wednesday, April 17th, 2:30-4:00 pm
Ayhan Kose, International Monetary Fund
"Understanding Global Confidence Cycles"
Wednesday, May 15th 2:30-4:00 pm
Alberto Cavallo, Harvard Business School
"The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico"

Fall 2018

Wednesday, October 3rd, 2:30-4:00 pm
Marialuz Moreno Badia, IMF
"Bailing Out the People?  When Private Debt Becomes Public"
Wednesday, October 17th 2:30-4:00 pm
Charles Calomiris, Columbia Business School
"Global Monetary Policy Shocks and Exchange Rate Retuns-1996-2015"
Wednesday, October 24th, 2:30-4:00 pm
Gao Chen, GWU
"Rethinking the Balassa-Samuelson Effect: Capital Controls and Real Exchange Rate Misalignment"
Wednesday, November 7th 2:30-4:00 pm
Anusha Chari, UNC Chapel Hill
"The Transmission of Quasi-Sovereign Default Risk: Evidence from Puerto Rico"


Wednesday, October 21st, 2:30-4:00 pm
Laura Alfaro, Harvard Business School
“The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis”

Spring 2018

Wednesday, February 21, 2:30-4:00 pm
Victoria Ivashina (Harvard University)
"US Monetary Policy and Emerging Markets Credit Cycles"
Thursday, March 1st 12:30-2 pm
Joint with the Forecasting Seminar
Mardi Dungey (University of Tasmania)
"The Role of China: Catch up and Convergence in Two Open Economies
Wednesday, March 7th, 2:30-4:00 pm
Philipp Schnabl (New York University)
"Banking on Deposits: Maturity Transformation without Interest Rate Risk"

Wednesday, March 28th, 2:30-4:00 pm
Tomas Williams (GWU)
"How EFTs Amplify the Global Financial Cycle in Emergining Markets"

Wednesday, April 4th, 2:30-4:00 pm
Linda Goldberg (New York Federal Reserve Bank)
International Capital Flow Pressures

Friday, April 20th, 12:30-2:00 pm
Sebnem Kalemli-Ozcan (University of Maryland)
"International Spillovers and Local Credit Cycles"

Wednesday, April 25th, 2:30-4:00 pm
Graciela Kamisnky (GWU)
"The Center and the Periphery: Two Hundred Years of International Borrowing Cycles"


Fall 2017

Wednesday, November 1st, 2:30-4:00 pm
Francis Warnock (University of Virginia)
Wednesday, November 8th, 2:30-4:00 pm
Wenxin Du (Federal Reserve Board)
The Dollar, Bank Leverage, and the Deviation from Covered Interest Parity

Wednesday, November 15th, 2:30-4:00 pm
Jesse Schreger (Columbia University)

Wednesday, November 29th, 2:30-4:00 pm
Zhongxia (Sam) Zhang
Stock returns and Inflation Redux: An Explanation from Monetary Policy in Advanced and Emerging Markets


Fall 2016

Wednesday, September 28th, 2:30-4:00 pm
Sophie Osotimehin (University of Virginia)
Title:Barriers to Reallocation and Economic Growth: the Effects of Firing Costs
Wednesday, October 19th, 2:30-4:00 pm
Thuy Lan Nguyen (Santa Clara University)
Title: Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan
Wednesday, October 26th, 2:30-4:00 pm
Bora Durdu (Board of Governors of the Federal Reserve)
Title: Global v. Local Methods in the Quantitative Analysis of Open-Economy Models with Incomplete Markets
Wednesday, November 2nd 2:30-4:00 pm
Job market talks (George Washington University)
Title: TBA
Wednesday, November 9th 2:30-4:00 pm
Dan Cao (Georgetown University)
Title: TBA
Wednesday, November 30th, 2:30-4:00 pm
Luminita Stevens (University of Maryland)
Title: Discrete Adjustment to a Changing Environment: Experimental Evidence
Wednesday, December 7th 2:30-4:00 pm
Satyajit Chatterjee (Federal Reserve Bank of Philadelphia)
Title: TBA

Spring 2016

Thursday, January 14th, 12-1:30 pm
Cesar Sosa-Padilla, McMaster University and UMD
Title: Sovereign Defaults and Banking Crises
Friday, January 15th, 12-1:30 pm
Andres Fernandez-Martin, Inter-American Development Bank
Title:Sharing a Ride on the Commodities Roller Coaster: Common Factors in Business Cycles of Emerging Economies
Wednesday, January 20th, 12-1:30 pm
Ricardo Reyes-Heroles, Princeton University
Title: The Role of Trade Costs in the Surge of Trade Imbalances
Thursday, January 21st, 12-1:30 pm
Martin Beraja, Chicago University
Title: Semi-Structural Methodology for Policy Counterfactuals and an Application to Fiscal Unions
Friday, January 29th 12-1:30 pm
Samer Shousha, Columbia Univeristy
Title: Macro-Economic Effects of Commodity Booms and Busts: The Role of Financial Frictions
Wednesday, February 17th
Yongseok Shin, Washington University at St. Louis
Title: Managing a Polarized Structural Change

Fall 2015

Wednesday, October 21st
Jose Victor Rios-Rull, University of Pennsylvania
Title: "Financial Frictions, Asset Prices, and the Great Recession"

Wednesday, October 28st
Xiaohan Ma, GWU
Title: "Attenuated or Augmented? Monetary Policy Actions under Uncertain Economic State and Learning"

Wednesday, December 2nd
Amy Guisinger, GWU
Title: "Gender Differences in the Volitility of Work Hours and Labor Demand"

Spring 2015

Wednesday, February 4th
Hui He, IMF
Title: "Rapid Aging and Pension Reform: The Case of China"

Wednesday, February 18th
Frank Schorfheide, University of Pennsylvania
Title: "Dynamic Predication Pools: An Investigation of Financial Frictions and Forecasting Performances"
(Joint with Forecasting)

Wednesday, March 18th
Julia Thomas, Ohio State University
Title:"Entry, Exit and the Shape of Aggregate Fluctuations in a General Equilibrium Model with Capital Heterogeneity"

Wednesday, March 25th
Pedro Bento, West Virginia University

Wednesday, April 1st
Valentina Bruno, American University
Title: Global Dollar Credit: A Firm-Level Analysis

Wednesday, April 8th
Alessandro Rebucci, Johns Hopkins Univeristy

Wednesday, April 22nd
Leena Rudanko, Philadelphia Fed
Title: Discriminating Dispersion in Prices

Wednesday, April 29nd
Xiaodong Zhu, University of Toronto
Title: "Trade, Migration and Regional Income Differences: Evidence from China"

Fall 2014

September 24th
Mohammad Jahan-Parvar, Federal Reserve Board
Measuring Ambiguity Aversion

October 1st
Regina Martinez Fernandez, George Washington University (Job Candidate)
International Banking Flows and 'Bad' Credit Booms: Do Credit Booms Go with the Flow?

October 8th
Jane Olmstead-Rumsey, Federal Reserve Board
Credit Growth, House Prices, and Cyclical Macro-prudential Policy

October 15th
Chao Wei, George Washington University
Title: TBA

October 22nd
Matt Darst, George Washington University (Job Candidate)
Endogenous Risky Debt Structure in a Model with CDS

October 29th
Ehraz Refayet, George Washington University (Job Candidate)
CDS under Asymmetric Information: The Role of Signaling in a Production Economy

November 5th
Rui Mano, IMF
Title: TBA

November 12th
Ana Fostel, George Washington University
Title: TBA

November 19th
Viktor Tsyrennikov, Cornell and IMF
Title: TBA

Spring 2014

January 29th
Luis Catao, IMF
"Home Production and Social Security Reform"

February 19th
Francesca Carapella, Federal Reserve Board
"Credit Markets, Limited Commitment and Government Debt"

February 26th
Philip Lane, Trinity College Dublin
**International Finance Forum, ESIA Location
"Global Imbalances and External Adjustment After the Crisis"

March 5th
Carlos Vegh, John Hopkins
"How is Tax Policy Conducted Over the Business Cycle?"

Thursday, March 27th
Michele Modugno, Federal Reserve Board
"Bond Market and Macroeconomic News"
(joint with forecast Seminar, Thursday **)

April 2nd
Alberto Martin, Universitat Pompeu Fabra & IMF
"Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects"

April 9th
Egon Zakrajsek, Federal Reserve Board
"Uncertainty, Financial Frictions, and Irreversible Investment"

May 8th
Tao Zha, Atlanta Fed and Emory University
"Trends and Cycles in China's Macroeconomy"
**Seminar on Thursday, Joint with Forecasting group

Fall 2013

September 18
Luis Catao, IMF
"External Liabilities and Crises"

October 2
Benjamin Bridgeman, BEA
"Home Productivity"

October 9
Jae Sim, Federal Reserve Board
"Inflation Dynamics during the Financial Crisis"

October 24th **Joint with IF Forum, different time and location**
Charles Collyns, Treasury

November 6
Logan Lewis, Federal Reserve Board
"Menu Costs, Trade Flows, and Exchange Rate Volatility"

November 13
Emin Dinlersoz, Census Burear
"The Rise and Fall of Unions in the U.S."

November 20
Roberto Samaniego, George Washington University