Opening Remarks

Mario Marcel, Governor, Central Bank of Chile

Welcome Remarks

Eric Parrado, Chief Economist and General Manager, Inter-American Development Bank

Bank foreign currency hedging and the impact on covered interest parity: an Emerging Market perspective

Georgia Bush, Banco de Mexico

Discussant: Sergio Schmukler, World Bank
Discussant: Ricardo Correa, Federal Reserve Board
Discussion

Capital Controls, Domestic Macroprudential Policy and the Bank Lending Channel of Monetary Policy”

Andrea Fabiani, Universität Pompeu Fabra
Martha López Piñeros, Banco de la República 
José-Luis Peydró, Imperial College London and ICREA-Universität Pompeu Fabra-CREI 
Paul Soto, Federal Deposit Insurance Corporation

Discussant: Bent Sorensen, University of Houston
Discussant: Nadav Ben Zeev, Ben-Gurion University of the Negev
Discussion

Are Collateral-Constraint Models Ready for Macroprudential Policy Design?

Pablo Ottonello, University of Michigan
Diego Perez, New York University
Paolo Varraso, New York University

Discussant: Sebastian Fanelli, Centro de Estudios Monetarios y Financieros (CEMFI)
Discussant: Facundo Piguillem, Einaudi Institute for Economics and Finance
Discussion

Macroprudential Leakages

Julien Bengui, Bank of Canada
Javier Bianchi, Federal Reserve Bank of Minneapolis

Discussant: Paulina Restrepo-Echavarria, Federal Reserve Bank of St. Louis
Discussant: Roberto Chang, Rutgers University
Discussion

External shocks and FX intervention policy in emerging economies

David Florián, Banco Central de Reserva del Peru 
Alex Carrasco, Massachusetts
Institute of Technology

Welfare Effects of Capital Controls

Eugenia Andreasen, Universidad de Chile · Sofía Bauducco, Central Bank of Chile ·
Evangelina Dardati, Centro de Estudios Publicos

International Reserves and Central Bank Independence

Agustin Samano, University of Minnesota and Federal Reserve Bank of Minneapolis

Discussant: Leonardo Martinez, International Monetary Fund
Discussant: Philippe Bacchetta, University of Lausanne
Discussion

Sovereign Spreads and the Effects of Fiscal Austerity

Diego Anzoategui, Rutgers University

Discussant: Juan Carlos Hatchondo, Western University
Discussant: Ignacio Presno, Federal Reserve Board
Discussion

Reserve Accumulation, Growth and Financial Crises

Gianluca Benigno, Federal Reserve Bank of New York, London School of Economics and CEPR 
Luca Fornaro, CREI and CEPR
Martin Wolf, Vienna University

Discussant: Cesar Sosa-Padilla, Notre Dame
Discussant: Samer Shousha, Federal Reserve Board
Discussion

Productivity and Trade Dynamics in Sudden Stops

Felipe Benguria, University of Kentucky 
Hidehiko Matsumoto, Bank of Japan 
Felipe Saffie, University of Virginia

Discussant: Carlos Urrutia, Instituto Tecnológico Autónomo de México
Discussant: Ricardo Reyes-Heroles, Federal Reserve Board
Discussion

The macroeconomic effects of macroprudential policy: Evidence from a narrative approach

Diego Rojas, World Bank and University of Maryland-Baltimore County
Carlos Vegh, Johns Hopkins University
Guillermo Vuletin, World Bank

Discussant: David Papell, University of Houston
Discussant: Markus Kirchner, Central Bank of Chile
Discussion