March 9, 2019

 

The Politics and Economics of International Finance Research Group Meeting

Sponsored by the Weatherhead Center for International Affairs and the Mossavar-Rahmani Center for Business and Government

Conference Chairs:

Frankel, Jeffrey
James W. Harpel Professor of Capital Formation and Growth, Harvard Kennedy School.

Frieden, Jeffry A. 
Stanfield Professor of International Peace, Department of Government, Harvard University.

Schedule:

Location: Belfer Case Study Room (S020), CGIS South Building, 1730 Cambridge Street, Cambridge, MA 02138

8:30-9:00 AM: Continental Breakfast

9:00-9:10 AM: Welcome

9:10-10:40 AM: Sebnem Kalemli-Ozcan (Department of Economics, University of Maryland), “Corporate Leverage in the United States, Europe and Emerging Markets” 

Background Material:

Dinlersoz, Emin, Sebnem Kalemli-Özcan, Henry Hyatt, and Veronika Penciakova. 2019. “Leverage over the Life Cycle and Implications for Firm Growth and Shock Responsiveness”. Publisher's Version

Kalemli-Özcan, Sebnem, Luc Laeven, and David Moreno. 2019. “Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis”. Publisher's Version

 di Giovanni, Julian, Sebnem Kalemli-Özcan, and Mehmet Fatih Ulu,Yusuf Soner Baskaya. 2019. “International Spillovers and Local Credit Cycles”. Publisher's Version

Kalemli-Özcan, Sebnem, Bent Sorensen, and Sevcan Yesiltas. 2019. “Leverage across firms, banks, and countries.” Journal of International Economics 88: 284–298. Publisher's Version

Gopinath, Gita, Sebnem Kalemi-Özcan, Loukas Karabarbounis, and Carolina Villegas-Sanchez. 2019. “Capital Allocation and Productivity in South Europe .” The Quarterly Journal of Economics, 1915-1967. Publisher's Version

10:40-11:00 AM: Coffee Break

11:00 AM-12:30 PM: Randall Stone (Department of Political Science, University of Rochester), “The Political Economy of the International Financial Institutions”

Background Material:

Chapman, Terrence, Songying Fang, Xin Li, and Randal W. Stone. 2019. “Mixed Signals: IMF Lending and Capital Markets.” B.J.Pol.S 47: 329–349.

Malik, Rabia, and Randall W. Stone. 2019. “Corporate Influence in World Bank Lending.” The Journal of Politics 80 (1): 103-118.

Stone, Randall W. “Chapter Two:The International Monetary Fund and the Post-Communist Transition.” Lending Credibility. Princeton and Oxford: Princeton University Press.

Stone, Randall W.  “The Political Economy of IMF Lending in Africa.” American Political Science Review 98 (4): 577-591.

Stone, Randall W. “The Scope of IFM Conditionality.” International Organization 62: 589-620.

Stone, Randall W.  Controlling Institutions: International Organizations and the Global Economy. Cambridge: Camrbidge University Press.

12:30-1:30 PM: Lunch

1:30-3:00 PM: Douglas Irwin (Department of Economics, Dartmouth College), “Clashing Over Commerce: A History of US Trade Policy”

Background Material:

Irwin, Douglas A. 2018. “Understanding Current US Trade Policy Through the Lens of History.” Macroeconomic Review XVII (2).

3:00-3:15 PM: Coffee Break

3:15-4:30 PM: Panel Discussion on Emerging Markets

  • Laura Alfaro (Warren Alpert Professor of Business Administration, Harvard Business School. Former Minister of National Planning and Economic Policy, Costa Rica)
  • Arvind Subramanian (Visiting Lecturer, Harvard Kennedy School; Former Chief Economic Advisor, Government of India, 2014-18)
  • Carmen Reinhart (Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School; former Senior Policy Advisor, International Monetary Fund)

To connect to Harvard network go here.

 

See also: March 9, 2019