Persistent Appreciations and Overshooting: A Normative Analysis

Authors: Guido Lorenzoni  (MIT) Ricardo Caballero

Discussant: Klaus Schmidt-Hebbel (Banco Central de Chile)

Interest Rate Rules, Inflation Stabilization and Imperfect Credibility: The Small Open Economy Case 

Author: Guillermo Calvo (Columbia University) 

Discussant: José De Gregorio (Banco Central de Chile)

Neoclassical Miracles?

Author: Rody Manuelli (Univ. of Wisconsin)

Discussant: Diego Restuccia (Univ. of Toronto)

Comparative Advantage, Demand for External Finance, and Financial Development 

Authors: Quy-Toan Do (World Bank) Andrei Levchenko

Discussant: Pablo Sanguinetti (UTDT)

Sovereign Risk and Secondary Markets

Authors: Alberto Martin (CREI and UPF) Fernando Broner Jaume Ventura

Discussant: Willie Fuchs (Univ. of Chicago)

Electoral Uncertainty and the Volatility of International Capital Flow

Author: Roberto Chang (Rutgers University)

Discussant: Tito Cordella (World Bank

Credit Constraints, Firm Dynamics and the Transmission of External Financial Shocks

Authors: Carlos Urrutia (ITAM) Sangeeta Pratap

Discussant: Kevin Cowan (Banco Central de Chile)

Confidence Crises, Credibility and the Inflation Target Level

Authors: Rafael Santos (Banco Central Do Brasil) Aloisio Araujo

Discussant: Manuel Amador (Stanford University)

The conquest of South American Inflation

Authors: Thomas Sargent (NYU) Noah Williams Tao Zha

Discussant: Martin Uribe (Duke University)