CEPII, Recherche et Expertise sur l'economie mondiale
Friday September 16, 2016
08:15 - 16:15
SUERF/PSE/CEPII Conference: Rethinking Capital Controls and Capital Flows



 
08.15 Registration
08.45 Opening and welcome
Urs Birchler, SUERF President and University of Zurich

09.00-11:00 Session I
Capital controls and foreign exchange interventions
Chair: Marc-Olivier Strauss-Kahn, Banque de France
  • Banks Make Sterilized FX Purchases Expansionary
    Márcio Gomes Pinto Garcia, Pontifícia Universidade Católica do Rio De Janeiro
  • Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective
    Alessandro Rebucci, John Hopkins University Carey Business School
  • On the Desirability of Capital Controls
    Fabrizio Perri, Federal Reserve Bank of Minneapolis
  • Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation
    Anton Korinek, Johns Hopkins University and NBER

11:30-13:00 Policy Panel
Capital flows and the international dimension of monetary policy
Moderator: Francesco Giavazzi, Bocconi University
  • Kristin J. Forbes, MIT Sloan School of Management
  • Lorenzo Bini-Smaghi, Société Générale
  • Jonathan Ostry, IMF
  • Karim El Aynaoui, OCP Policy Center

13:00-14:00 Lunch

14:00-16:00 Session II
Capital flows and macroeconomic performance
Chair: tbc
  • Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
    Olivier Blanchard, Peterson Institute for International Economics
  • Monetary Policy with Large Capital Flows
    Hélène Rey, London Business School
  • The Two Components of International Portfolio Flows
    Frank E. Warnock, Darden Business School-University of Virginia
  • International Sectoral Portfolios
    Natacha Valla, EIB and SUERF

16:00-16:15 Closing remarks
Romain Ranciere, Paris School of Economics

Registration - Advanced online registration is required at www.suerf.org/paris2016. Participation is free of charge


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