CONFERENCE ON "ADVANCES IN OPEN ECONOMY
MACROECONOMICS"
Venue: Taj President Hotel, Mumbai (Presidential Ball
Room)
Date : Organized Jointly by Centre for Economics & Development,
Northwestern University & Indira Gandhi Institute of Development Research |
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Programme |
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9.30 am -9.45 am |
Registration Inaugural Session |
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Welcome Address: (i) Dr. R. Radhakrishna,
Director, IGIDR Opening
Remarks : (i)
Dr. Rakesh Mohan, Deputy Governor, RBI (ii)
Dr. Martin Eichenbaum, Northwestern
University |
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Inaugural Address: Dr. Y.V.Reddy, Governor, RBI |
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Tea
Break |
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" Core Money, Exchange Rate and Inflation: An open Economy Model
for Discussant-1: Discussant-2: Pami Dua (DSE) |
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“An Equilibrium Model of ‘Global Imbalances’ and Low Interest Rates,”
by Ricardo J., Ricardo Caballero, Emmanuel Farhi and Pierre-Olivier
Gourinchas ( Discussant-1: V.V. Chari ( Discussant-2: Rajendra Vaidya (IGIDR) |
12.45 pm -2.00 pm |
Lunch
Break |
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“Would
Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario
Analysis” By Hamid
Faruqee, Douglas Laxton, Dirk Muir and Paolo Pesenti (Federal Reserve Bank of
Discussant-1: Bruce Preston ( Discussant-2: Pushpa Trivedi (IIT, Powai, Mumbai) |
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“A GEM Open Economy Model for Emerging Markets: Monetary Policy with
Dualistic Labour Markets” by Ashima Goyal(IGIDR) Discussant-1: Pedro Teles (Bank of Discussant-2: Romar Correa ( |
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Tea
Break |
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“Monetary Policy and Stockmarket Boom-Bust cycles,” by Discussant-1: John Leahy ( Discussant-2: Naveen
Srinivasan(IGIDR) |
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“Firm Dynamics, Innovation and International Trade” by Andrew Atkeson (UCLA) and Ariel Burstein (UCLA) Discussant -1: Craig Burnside ( Discussant -2: C. Veeramani (IGIDR) |
10.30 am -10.45 am |
Tea
Break |
10.45 am -11.45 am |
Understanding the Forward Premium Puzzle: A Microstructure Approach” by Craig Burnside ( Discussant-1: Roberto
Rigobon (MIT) Discussant-2: Susan Thomas (IGIDR) |
11.45 am -12.45 pm |
"The Rise of the Service Economy,” by Francisco J. Buera (Northwestern University) and Joseph Kaboski Discussant-1: Veronica Guerrieri ( Discussant-2: Errol D' Souza (IIM, Ahmedabad) |
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Lunch
Break |
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"Endogenous Productivity and Development Accounting,” by Roc Armenter (Federal Reserve Bank of Discussant-1: Linda Tesar ( Discussant-2: K.V. Ramaswamy (IGIDR) |
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Panel
Discussion: Topic:
Monetary Policy and Financial Markets (i)
Rakesh Mohan, Deputy Governor, RBI, Chair (ii)
V.V. Chari, (iii)
Ratna Sahay, International Monetary Fund (iv)
Dilip Nachane, IGIDR (v)
Vikas Chitre (ISPE) (vi)
B.B.Bhattacharya (JNU) |
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Vote of Thanks: Ashima
Goyal (IGIDR) |
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High Tea |