Department ofEconomics

(WCWIF)International Finance Workshop

7th Annual West Coast Workshop in International Finance

November 9, 2018
University of California, Santa Cruz


The 7th annual West Coast Workshop in International Finance will be held at The University of California, Santa Cruz on Friday, November, 9th.

We encourage submissions in all areas of open-economy macroeconomics and international finance. Policy-relevant theoretical work, empirical research, computational work, and historical approaches are all welcome.

The WCWIF organizing committee will select the papers to be presented at the conference and will notify presenters the first week in September. Paper presenters will be responsible for their own travel expenses.


 

Agenda              

8:30 - 9:00 

 Coffee and Rolls

 International Debt, Chair: Kenneth Kletzer (UCSC)

9:00 - 9:45

Signaling in Sovereign Debt Markets,” Zachary Stangebye (U. Notre Dame) and Mark Wright (FRB Minneapolis)

 Discussant: Galina Hale (FRBASF)

9:45 - 10:30 

International Reserves, Credit Constraints, and Systemic Sudden Stops,” Samer Shousha (Federal Reserve Board)

Discussant: Joshua Aizenman (USC)

10:30 - 10:45 

Break

 Monetary Policy, Chair: t.b.a.

10:45-11:30

Golden Fetters and the Causal Effects of Countercyclical Monetary Policy,” Kris James Mitchener (SCU) and Gonçalo Pina (SCU) 

Discussant: Sanjay Singh (UCD)

11:30 - 12:15

 “Commodity Currencies and Monetary Policy,” Michael B. Devereaux (UBC) and Gregor W. Smith (Queens University)

Discussant: Yu-Chin Chen (UW)

12:15 - 1:45 

 Lunch

 Business and Financial Cycles, Chair: t.b.a.

1:45-2:30

 “How ETFs Amplify the Global Financial Cycles in Emerging Markets,” Nathan Converse (FRB), Eduardo Levy-Yeyati (U. Torcuato di Tella), and Tomas Williams (GW)

 Discussant: Dongwon Lee (UCR)

2:30 - 3:15 

 “International Linkages and the Changing Nature of International Business Cycles,” Wataru Miyamoto (Bank of Canada) and Thuy Lan Nguyen (SCU) 

Discussant: Chenyue Hu (UCSC)

3:15 - 3:30 

 Break

 Currency, Trade, and Monetary Policy, Chair: Helen Popper (SCU)

3:30-4:15

 “Credit Migration and Covered Interest Rate Parity,” Gordon Y. Liao (Federal Reserve Board)

Discussant: Grace Gu (UCSC)

4:15 - 5:00 

 “Optimal Capital Account Liberalization in China?Zheng Liu (FRBSF), Mark M. Spiegel (FRBSF) and Jingyi Zhang (Shanghai University)

Discussant: Manisha Goel (Pomona College)

5:00 - 7:30 

Reception and  Dinner

The workshop organizing committee includes: Yu-chin Chen, University of Washington; Grace Weishi Gu, UC Santa Cruz; Chenyue Hu, UC Santa Cruz; Mark Spiegel, Federal Reserve Bank of San Francisco; Romain Rancière, USC; Andrew Rose, UC Berkeley; Katheryn Russ, UC Davis; Kenneth Kletzer, UC Santa Cruz (Co-Chair); Helen Popper, Santa Clara University (Co-Chair). The workshop is sponsored by the Department of Economics at Santa Clara University, the Department of Economics at UC Santa Cruz, and the Federal Reserve Bank of San Francisco.

 

The WCWIF 2018 organizing committee includes:

Yu-chin Chen, University of Washington
Grace Weishi Gu, UC Santa Cruz
Chenyue Hu, UC Santa Cruz
Mark Spiegel, Federal Reserve Bank of San Francisco
Romain Rancière, USC
Andrew Rose, UC Berkeley
Katheryn Russ, UC Davis
Kenneth Kletzer, UC Santa Cruz (Co-Chair)
Helen Popper, Santa Clara University (Co-Chair)

The workshop is sponsored by the Department of Economics at UC Santa Cruz, by the Department of Economics at Santa Clara University, and by the Federal Reserve Bank of San Francisco.

2018 WCWIF Registration

Directions and Lodgings

UCSC Campus Map and Directions

Parking

San Jose Airport

Beach Street Inn Santa Cruz
125 Beach Street Inn, Santa Cruz, Ca
(831) 423-3031
The hotel is holding rooms for the workshop attendees under: "WCWIF Workshop" at $149 per night good through Oct. 9.