• Linkedin
  • Twitter
  • Youtube
Rethinking capital controls and capital flows
Rethinking capital controls and capital flows

SUERF/PSE/CEPII Conference

Rethinking Capital Controls and Capital Flows


Friday, 16 September 2016 

Venue: Amphithéâtre SCOR, 5, Avenue Kleber, 75016 Paris

Conference Sponsors
Banque de France, CEPREMAP, Ouvrir la Science Economique (OSE), SCOR Group

Papers 

Exchange Rate Policies at the Zero Lower Bound
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

Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective
Alessandro Rebucci, Johns Hopkins University Carey Business School

Banks Make Sterilized FX Purchases Expansionary
Márcio Gomes Pinto Garcia, Pontifícia Universidade Católica do Rio De Janeiro 

The shocks matter: improving our estimates of exchange rate pass-through
Current account deficits during heightened risk: menacing or mitigating?
Kristin J. Forbes, Bank of England and MIT Sloan School of Management

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
 
Decomposing International Portfolio Flows
Frank E. Warnock, Darden Business School-University of Virginia
 
International Sectoral Portfolios
Natacha Valla, EIB and SUERF

Global Imbalances and Currency Wars at the ZLB
Pierre-Olivier Gourinchas, University of California, Berkeley

Thursday, 15 September 2016

The Case for Rethinking International Capital Flows

Dinner Speech by Benoît Cœuré, Member of the Executive Board of the European Central Bank

Friday, 16 September 2016
08:00 Registration
08:45 Opening and welcome

Urs W. Birchler, SUERF President and University of Zurich

 
09:00 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
M. Garcia - Paris 2016M. Garcia - Paris 2016


Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective
Alessandro Rebucci, Johns Hopkins University Carey Business School
A. Rebucci - Paris 2016A. Rebucci - Paris 2016


Exchange Rate Policies at the Zero Lower Bound
Fabrizio Perri, Federal Reserve Bank of Minneapolis
F. Perri - Paris 2016F. Perri - Paris 2016


Currency Wars or Efficient Spillovers? A General Theory of International Policy Cooperation
Anton Korinek, Johns Hopkins University and NBER
A. Korinek - Paris 2016A. Korinek - Paris 2016

 
11:00 Coffee
11:30 Policy Panel - Capital flows and the international dimension of monetary policy

Moderator: Francesco Giavazzi, Bocconi University

Kristin J. Forbes, Bank of England and MIT Sloan School of Management
K. Forbes - Paris 2016K. Forbes - Paris 2016

Catherine L. Mann, OECD
C. Mann - Paris 2016C. Mann - Paris 2016

Lorenzo Bini Smaghi, Société Générale

Jonathan Ostry, IMF

Karim El Aynaoui, OCP Policy Center

Kevin Noel Cowan, Inter-American Development Bank

 
13:00 Lunch
14:00 Session II - Capital flows and macroeconomic performance

Chair: Philippe Trainar, SCOR


Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
Olivier Blanchard, Peterson Institute for International Economics
O. Blanchard - Paris 2016O. Blanchard - Paris 2016


Monetary policy with large capital flows
Hélène Rey, London Business School
H.Rey - Paris 2016H.Rey - Paris 2016


International Sectoral Portfolios
Natacha Valla, EIB and SUERF
N. Valla - Paris 2016N. Valla - Paris 2016


Decomposing International Portfolio Flows
Frank E. Warnock, Darden Business School-University of Virginia
F. Warnock - Paris 2016F. Warnock - Paris 2016


Global Imbalances and Currency Wars at the ZLB
Pierre-Olivier Gourinchas, University of California, Berkeley
P.O.Gourinchas - Paris 2016P.O.Gourinchas - Paris 2016

 
16:30 Closing

Romain Ranciere, Paris School of Economics

 


© SUERF - The European Money and Finance Forum 2010-2018 .:. Société Universitaire Européenne de Recherches Financières

Privacy Policy .:. Legal notice

Design by draganmarkovic.net