Robert E. Baldwin International Workshop

Important note:

The International Workshop meets in Room 8417 in Sewell Social Science Building (unless otherwise noted.) Faculty organizer: Charles Engel

Date & Time	Speaker(s)	Institution	Presentation Location	Presentation Title
10/13	Stefano Lord Medrano	UW–Madison	7142 Social Science (Morton Room)	Geoeconomic Pressure, Sovereign Risk, and Asset Prices: Evidence from Mexico
10/16 (9:00am)	Vivian Yue	Emory Univesity	Room 8417 in Sewell Social Science Building	The Effect of Tariffs on U.S. Producer Prices: Firm-Level Evidence From the 2018–19 Trade War
10/16 (10:30am)	Veronica Guerrieri	Chicago Booth	Room 8417 in Sewell Social Science Building	Global Price Shocks and International Monetary Coordination
10/16 (2:00pm)	César Sosa Padilla	Notre Dame	Room 8417 in Sewell Social Science Building	The Perils of Bilateral Sovereign Debt
10/16 (3:30pm)	Yinxi Xie	Indiana	Room 8417 in Sewell Social Science Building	Trade Policy Surprises and U.S. Convenience Yields: Evidence from Prediction Markets
10/20	Yeonggyu Yun	UW–Madison	Room 8417 in Sewell Social Science Building	Wealth Inequality and Sudden Stops
11/20 (9:00am)	Ahmad Lashkaripour	Indiana	Room 8417 in Sewell Social Science Building	TBA
11/20 (10:30am)	Juanma Castro Vincenzi	Chicago	Room 8417 in Sewell Social Science Building	TBA
11/20 (2:00pm)	Doireann Fitzgerald	Federal Reserve Bank of Minneapolis	Room 8417 in Sewell Social Science Building	TBA
11/20 (3:30pm)	Michael Waugh	Federal Reserve Bank of Minneapolis	Room 8417 in Sewell Social Science Building	TBA

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
9/12 (11:00am) CANCELLED	Olivier Jeanne	Johns Hopkins	Room 8417 in Sewell Social Science Building	All Gain No Pain? Global Rebalancing Without Relative Wage Adjustments, 2007-2019
9/12 (2:00pm)	Matias Moretti	Rochester	Room 8417 in Sewell Social Science Building	On the Real Transmission of the Global Financial Cycle
9/12 (3:30pm)	Oleg Itskhoki	Harvard	Room 8417 in Sewell Social Science Building	Breaking Parity: Equilibrium exchange rates and currency premia
10/14 (3:45pm)	Yasumasa Morito	UW–Madison	Room 8417 in Sewell Social Science Building	Foreign Reserve Accumulation and Exchange Rate Regime in Emerging Countries
11/14 (9:00am)	Andrew Bernard	Dartmouth	Room 8417 in Sewell Social Science Building	The Great Firewall and Knowledge Diffusion
11/14 (10:30am)	Tishara Garg	Princeton	Room 8417 in Sewell Social Science Building	Can Industrial Policy Overcome Coordination Failures? Theory and Evidence
11/14 (2:00pm)	Eduardo Morales	Princeton	Room 8417 in Sewell Social Science Building	Market Entry and Plant Location in Multi-Product Firms (joint with Juanma Castro-Vincenzi, Eugenia Menaguale, and Alejandro Sabal)
11/14 (3:30pm)	Marc Melitz	Harvard	Room 8417 in Sewell Social Science Building	Industrial policies for multi-stage production: The battle for battery-powered vehicles
12/5 (9:00am)	Scott Davis	FRB Dallas	Room 8417 in Sewell Social Science Building	Offshore Dollar Funding Shocks and the Dollar Exchange Rate
12/5 (10:30am)	Mick Devereux	UBC	Room 8417 in Sewell Social Science Building	A Model of Global Currency Pricing
12/5 (2:00pm)	Nicolas Morales	FRB Richmond	Room 8417 in Sewell Social Science Building	The Impact of Immigration on Firms and Workers: Insights from the H-1B Lottery
12/5 (3:30pm)	Lorenzo Caliendo	Yale	Room 8417 in Sewell Social Science Building	Tariffs and Trade Imbalances

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
2/21 (9:00am)	Miguel Acosta	UW–Madison	Room 8417 in Sewell Social Science Building	Macroeconomic Effects of UI Extensions at Short and Long Durations
2/21 (10:15am)	Charles Engel	UW–Madison	Room 8417 in Sewell Social Science Building	Collateral Advantage: Exchange Rates, Capital Flows and Global Cycles
2/21 (11:30am)	Lydia Cox	UW–Madison	Room 8417 in Sewell Social Science Building	The Macroeconomic Effects of the Buy American Act
2/21 (1:45pm)	Kim Ruhl	UW–Madison	Room 8417 in Sewell Social Science Building	Trade War and Peace
2/21 (3:00pm)	Louphou Coulibaly	UW–Madison	Room 8417 in Sewell Social Science Building	The Optimal Monetary Policy Response to Tariffs
3/14 (9:00am)	Haonan Zhou	Hong Kong Business School	Room 8417 in Sewell Social Science Building	Managing Emerging Market Currency Risk
3/14 (10:30am)	Martin Uribe	Columbia	Room 8417 in Sewell Social Science Building	Hoteling Meets Keynes: Aggregate Adjustment with Nominal Rigidity and Spatial Competition
3/14 (2:00pm)	Yan Bai	University of Rochester	Room 8417 in Sewell Social Science Building	World Financial Cycles and Global Trade
3/14 (3:30pm)	Manuel Amador	University of Minnesota	Room 8417 in Sewell Social Science Building	Sovereign Swaps and Sovereign Default: Fundamental versus Confidence Risk
4/18 (9:00am)	Feodora Teti	Princeton - IES	Room 8417 in Sewell Social Science Building	Missing Tariffs
4/18 (10:30)	Aaron Flaaen	FRB	Room 8417 in Sewell Social Science Building	An Anatomy of U.S. Establishments' Trade Linkages in Global Value Chains
4/18 (2:00pm)	Andrew Greenland	NC State	Room 8417 in Sewell Social Science Building	The GATT vs Inflation: Tokyo Drift
4/18 (3:30pm)	Mary Amitii	FRB - NY	Room 8417 in Sewell Social Science Building	Trade Protection, Stock-Market Returns, and Welfare

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
9/20 (9:00am)	Moritz Lenel	Princeton	Room 8417 in Sewell Social Science Building	Exchange Rates, Natural Rates, and the Price of Risk
9/20 (10:30 am)	Jesse Schreger	Columbia Business School	Room 8417 in Sewell Social Science Building	A Theory of Economic Coercion and Fragmentation
9/20 (2:00pm)	Diego Perez	New York University	Room 8417 in Sewell Social Science Building	The Exchange Rate as an Industrial Policy
9/20 (3:30pm)	Martin Uribe	Columbia	Room 8417 in Sewell Social Science Building	Exchange Controls as a Fiscal Instrument
10/15	Julio De Alencastro Graca Mereb	UW–Madison	Room 8417 in Sewell Social Science Building	Foreign Currency Debt, Financial Frictions, and the Exchange Rate Pass-Through
10/18 (9:00am)	Monica Morlacco	University of Southern California	Discovery Building – Orchard View Room (Room 3280)	Two-sided Market Power in Firm-to-Firm Trade
10/18 (10:30am)	Mayara Felix	Yale	Discovery Building – Orchard View Room (Room 3280)	The Reallocation Effects of Domestic Outsourcing
10/18 (2:00pm)	Andrei Levchenko	University of Michigan	Discovery Building – Orchard View Room (Room 3280)	Dynamic Models, New Gains from Trade?
10/18 (3:30pm)	Agostina Brinatti	Yale	Discovery Building – Orchard View Room (Room 3280)	Third Country Effects of U.S. Immigration Policy
11/8 (9:00am)	Christiane Baumeister	University of Notre Dame	Discovery Building – Orchard View Room (Room 3280)	Uncovering Disaggregated Oil Market Dynamics: A Full-Information Approach to Granular Instrumental Variables
11/8 (10:30am)	Treb Allen	Dartmouth	Discovery Building – Orchard View Room (Room 3280)	The Economic Geography of American Slavery
11/8 (2:00pm)	Gianluca Benigno	University of Lausanne	Discovery Building – Orchard View Room (Room 3280)	The Financial (In)Stability Real Interest Rate, R**
11/8 (CANCELLED)	Sebnem Kalemli-Ozcan	University of Maryland	Discovery Building – Orchard View Room (Room 3280)	Monetary Policy and the Short-Rate Disconnect in Emerging Economies

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
3/8 (9:00 AM)	Cheng Chen	Clemson	Room 8417 in Sewell Social Science Building	Multinationals and Structural Transformation
3/8 (10:30 AM)	Swapnika Rachapalli	UBC Sauder School of Business	Room 8417 in Sewell Social Science Building	Multi-Product Markups
3/8 (2:00 PM)	Tomas Dominguez-iino	Univ of Chicago	Room 8417 in Sewell Social Science Building	Efficiency and Redistribution in Environmental Policy: An Equilibrium Analysis of Agricultural Supply Chains
3/8 (3:30 PM)	Mario Crucini	Purdue	Room 8417 in Sewell Social Science Building	Which US States Suffered a Greater Great Depression and Why?
4/19 (9:00 AM)	Dmitry Mukhin	London School of Economics	Discovery Building – Orchard View Room (Room 3280)	Optimal Exchange Rate Policy
4/19 (10:30 AM)	Antonio Coppola	Stanford GSB	Discovery Building – Orchard View Room (Room 3280)	The Geography of Capital Allocation in the Euro Area
4/19 (2:00 PM)	Ryan Chahrour	Cornell	Discovery Building – Orchard View Room (Room 3280)	The Dollar in an Era of International Retrenchment
4/19 (3:30 PM)	Rosen Valchev	Boston College	Discovery Building – Orchard View Room (Room 3280)	Risky Business Cycles

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
9/08 (9:00am)	Giancarlo Corsetti	European University Institute	Union South - Industry Room (3rd Floor)	The insulation puzzle
9/08 (10:30am)	Vincenzo Quadrini	USC	Union South - Industry Room (3rd Floor)	Dynamic Credit Constraints: Theory and Evidence from Credit Lines
9/08 (2:00pm)	Aleksei Oskolkov	University of Chicago	Union South - Industry Room (3rd Floor)	Heterogeneous Impact of the Global Financial Cycle
9/08 (3:30pm)	Jon Steinsson	UC Berkeley	Union South - Industry Room (3rd Floor)	The Macroeconomic Consequences of Exchange Rate Depreciations
10/20 (9:00am)	Mayara Felix	Yale	Social Sciences Building - Room 8417	Labor Market Effects of Domestic Outsourcing: Evidence from Legalization in Brazil
10/20 (10:30am)	Nuno Limao	Georgetown	Social Sciences Building - Room 8417	An Import(ant) Price of Brexit
10/20 (2:15pm)	Natalia Ramondo	Boston University	Social Sciences Building - Room 8417	The Carbon Footprint of Multinational Production
10/20 (3:30pm)	Andrés Rodríguez-Clare	UC Berkeley	Social Sciences Building - Room 8417	The New Trade Quantitative Model: Equilibrium and Welfare Analysis
10/24	Mengqi Wang	UW–Madison	Social Sciences Building - Room 8417	Spatial Implications of Trade Cost Reductions with Resource Reallocation Frictions
12/01 (9:00am)	Valentina Bruno	American University	Social Sciences Building - Room 8417	Original Sin Redux: Role of Duration Risk
12/01 (10:30am)	Sushant Acharya	Bank of Canada	Social Sciences Building - Room 8417	Inequality and Optimal Monetary Policy in the Open Economy
12/01 (2:00pm)	Masao Fukui	Boston College	Social Sciences Building - Room 8417	Globalization and the Ladder of Development: Pushed to the Top or Held at the Bottom?
12/01 (3:30pm)	Luigi Bocola	Stanford	Social Sciences Building - Room 8417	The Macroeconomics of Trade Credit

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
3/03 (9:00-10:15am)	Albert Queralto	Federal Reserve Board	Discovery Building (Orchard View Room, Room 3280)	Uncertainty Shocks, Capital Flows, and International Risk Spillovers
3/03 (10:30-11:45am)	Doireann Fitzgerald	Federal Reserve Bank of Minneapolis	Discovery Building (Orchard View Room, Room 3280)	The Impact of Multinationals Along the Job Ladder
3/03 (1:30-2:45pm)	Guido Lorenzoni	Chicago Booth	Discovery Building (Orchard View Room, Room 3280)	Wage Price Spirals
3/03 (3:00-4:15pm)	George Alessandria	University of Rochester	Discovery Building (Orchard View Room, Room 3280)	Rising Current Account Dispersion: Financial or Trade Integration
5/02 (Tuesday)	Kevin O'Rourke	NYU Abu Dhabi	8417 Social Sciences	The Empire Project: Trade Policy in Interwar Canada

Date & Time	Speaker	Institution	Presentation Location	Presentation Title
9/9 (9:00-10:15am)	Paul Bergin	UC Davis	Discovery Building (Orchard View Room, Room 3280)	Capital Account Policy, Firm-Dynamics, and Export-led Growth
9/9 (10:30-11:15am)	Fabrizio Perri	FRB of Minneapolis	Discovery Building (Orchard View Room, Room 3280)	The End of Privilege: A Reexamination of the Net Foreign Asset Position of the United States
9/9 (1:30-2:45pm)	Maxime Sauzet	Boston University	Discovery Building (Orchard View Room, Room 3280)	Asset Prices, Global Portfolios, and the International Financial System
9/9 (3:00-4:15pm)	Chris Clayton	Yale	Discovery Building (Orchard View Room, Room 3280)	Internationalizing Like China
10/25 (3:45-5:15pm)	Andy Lehrer	UW–Madison	8417 Social Sciences	Trade Policy Uncertainty and Import Prices
10/28 (9:00-10:15am)	Pablo Ottonello	University of Michigan	8417 Social Sciences	Are Collateral-Constraint Models Ready for Macroprudential Policy Design?
10/28 (10:30-11:45am)	Tony Zhang	Federal Reserve Board	8417 Social Sciences	Understanding the Strength of the Dollar (with Zhengyang Jiang and Robert Richmond)
10/28 (1:45-3:00pm)	Felipe Saffie	University of Virginia	8417 Social Sciences	The Micro and Macro Dynamics of Capital Inflows
10/28 (3:15-4:30pm)	Stephanie Schmitt-Grohé	Columbia	8417 Social Sciences	Optimal Bank Reserve Remuneration and Capital Control Policy
11/11 (9:00-10:15am)	Sewon Hur	FRB-Dallas	8417 Social Sciences	The Distributional Effects of International Tariffs
11/11 (10:30-11:45am)	Jing Zhang	FRB-Chicago	8417 Social Sciences	A Quantitative Analysis of Tariffs across U.S. States
11/11 (2:00-3:15pm)	Lydia Cox	Harvard	8417 Social Sciences	The Regressive Nature of the U.S. Tariff Code: Origins and Implications
11/11 (3:30-4:45pm)	Michael Waugh	FRB-Minneapolis	8417 Social Sciences	Heterogeneous Agent Trade

Adrien Auclert	Speaker	Institution	Presentation Title
2/22 VIRTUAL	Steve Wu	UCSD	Foreign Reserves Management and Original Sin
3/22	Ina Simonovska	University of California	Economic Stabilizers in Emerging Markets: The Case for Trade Credit
3/29	Federica Romei	University of Oxford	Why does capital flow from equal to unequal countries?
4/12	Adrien Aculert	Stanford University	Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel
4/19	Javier Cravino	University of Michigan	The International Price of Remote Work

Date	Speaker	Institution	Presentation Title
9/7	Stangebye, Zach	Notre Dame	Sound and Fury: Signaling in Sovereign Debt Markets
9/14	Coulibaly, Louphou	UW–Madison	Liquidity Traps, Prudential Policies, and International Spillovers
9/21	Sosa Padilla Araujo, Cesar	Notre Dame	Reserve Accumulation, Macroeconomic Stabilization, and Sovereign Risk (joint work w/ Javier Bianchi)
9/28 POSTPONED	Bianchi, Javier	FRB Minneapolis	Bank Runs, Fragility and Credit Easing (with Manuel Amador)
10/5	Lee, Annie Soyean	UW–Madison	Why Do Emerging Economies Borrow in Foreign Currency?
10/12	Mendoza, Enrique Gabriel	U-Penn	Beware the Side Effects: Capital Controls, Misallocation and Welfare
10/19	Arkolakis, Costas	Yale	Spatial Production Networks
10/26	Reyes-Heroles, Ricardo	Federal Reserve Board	Globalization, Trade Imbalances, and Labor Market Adjustment
11/2	Hassan, Tarek Alexander	Boston University	Sources and Transmission of Country Risk
12/7	Lehrer, Andy	UW–Madison	The Effect of Trade Policy Uncertainty on U.S. Import Prices: High Tariff Pass-Through vs. Low Exchange Rate Pass-Through
12/14 NOON	Christiano, Lawrence J	Northwestern	Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?

Date	Speaker	Institution	Presentation Title
3/16	Pierre-Olivier Gourinchas	Berkeley	A Preferred-Habitat Model of Term Premia, Currencies and Monetary Policy Spillovers (with Walker Ray (LSE) and Dimitri Vayanos (LSE))
3/23	Pierre DeLeo	University of Maryland	Exchange Rate Disconnect Redux” (joint with Ryan Chahrour, Vito Cormun, Pablo Guerron-Quintana, and Rosen Valchev)
3/30	Ariel Burstein	UCLA	Unequal Expenditure Switching: Evidence from Switzerland
4/6	Zhengyang Jiang	Northwestern Kellogg	A Portfolio Approach to Global Imbalances
4/13 This seminar begins at 2 pm	Philippe Bacchetta	University of Lausanne	International Portfolio Choice with Frictions: Evidence from Mutual Funds
4/20 This seminar begins at 1 pm	Chenzi Xu	Stanford GSB	International Banks: Re-Agents of Globalization joint with Chris Meissner and Will Kisling
4/27	Linda Goldberg	FRB-NYC	International Capital Flow Pressures, joint with Signe Krogstrup
5/4	Martin Uribe	Columbia	Does the Commodity Super Cycle Matter? with Andrés Fernández and Stephanie Schmitt-Grohé

Date	Speaker	Institution	Presentation Title
9/8 This seminar starts at 2 pm	Christoph Trebesch	Kiel	Coping with Disasters: Two Centuries of International Official Lending
9/22	Andres Drenik	Columbia	Devaluations, Inflation, and Labor Income Dynamics
9/29	Rosen Valchev	Boston College	The International Medium of Exchange
10/06	Rohan Kekre	Chicago Booth	Dollar Demand and International Risk Sharing
10/13	Ozge Akinci	FRB-NY	Exchange Rate Dynamics and Monetary Spillovers with Imperfect Financial Markets
10/20	Junhyong Kim	UW–Madison	The Impact of Uncertainty Shocks on the Investment of Small and Large Firms: Micro Evidence and Macro Implications
10/27	Gianluca Benigno	London School of Economics	The Global Financial Resource Curse
11/03	Max Dvorkin	FRB-STL	Skills, occupational choice and the scarring effects of international trade
11/10	Jenny Tang	FRB-Boston	A Fundamental Connection: Survey-based Exchange Rate Decomposition
11/17	Lorena Keller	Wharton	Covered Interest Rate Parity Deviations and Bank Lending
11/24 CANCELED	~~Linda Goldberg~~	FRB-NY
12/01	Mary Amiti	FRB-NY	The Effect of the U.S.-China Trade War on U.S. Investment”, joint with Sang Hoon Kong and David Weinstein
12/08 This seminar begins at 2 pm	Luca Fornaro	CREI	Monetary Union and Financial Integration

Date	Speaker	Institution	Presentation Title
3/3	~~Ozge Akinci~~	Federal Reserve Bank of NY	~~Exchange Rate Dynamics and Monetary Spillovers with Imperfect Financial Markets~~
3/10	Olivier Jeanne	Johns Hopkins University	Currency Wars, Trade Wars and Global Demand
3/24	~~Andres Drenik~~	Columbia	~~Devaluations, Inflation, and Labor Income Dynamics~~
3/31	~~Max Dvorkin~~	Federal Reserve Bank of St. Louis	Workers’ Skills, Occupational Choice and the Labor Market Effects of International Trade and Automation
4/7	~~Rosen Valchev~~	Boston University	~~The International Medium of Exchange~~
4/14	~~Jenny Tang~~	Federal Reserve Bank of Boston
4/21	~~Roberto Rigobon~~	MIT Sloan
4/28	~~Gianluca Benigno~~	LSE/Federal Reserve Bank of NY
5/5	~~Rohan Kekre~~	Chicago Booth

Date	Speaker	Institution	Presentation Title
9/10	Dmitry Mukhin	UW–Madison	Mussa Puzzle Redux
9/19	Kenneth Rogoff	Harvard (joint with Macro)
9/24	Juan Passadore	EIEF	A Framework for Debt-Maturity Management
10/1	Illenin Kondo	Notre Dame	Real Interest Rates, Inflation, and Default
10/15	Guido Lorenzoni	Northwestern
10/22	Steve Wu	UW–Madison	Corporate Balance Sheets and Sovereign Risk Premia
10/28	Jian Wang	CUHK-Shenzhen	FDI and firm productivity: The role of financial constraints
10/29	Dohyeon Lee	UW–Madison	Optimal Monetary Policy in an Open Economy under Imperfect Capital Mobility
11/5 CANCELED	Rosen Valchev	Boston College	~~The International Medium of Exchange~~
11/12 (2.45 - 4.15 pm)	Giancarlo Corsetti	Cambridge University	Invoicing and Pricing-to Market: A Study of Price and Markup Elasticities of UK Exporters
11/19	Dmitriy Sergeyev	Bocconi University	Optimal Macroprudential and Monetary Policy in a Currency Union
11/26	Sanjay Singh	UC-Davis	The Long-Run Effects of Monetary Policy
12/3	Michael Devereux	University of British Columbia	Exchange Rates, Local Currency Pricing and International Tax Policies
12/10	Michael Waugh	NYU Business	The Consumption Response to Trade Shocks: Evidence from the US-China Trade War

Date	Speaker	Institution	Presentation Title
3/5	Steve Wu	UW–Madison	Corporate Balance Sheets and Sovereign Risk Premia
4/2	Andrei Levchenko	University of Michigan	The Global Business Cycle: Measurement and Transmission
4/16	Jing Zhang	FRB of Chicago	International Capital Flows: Private vs. Public
4/23	Davin Chor	Dartmouth	The Political Economy Consequences of China’s Export Slowdown
4/30	Linda Tesar	University of Michigan	Quantifying the Benefits of Labor Mobility in a Currency Union