International conference "Frontiers of Macroeconomics and International Economics"

International conference
"Frontiers of Macroeconomics and International Economics"

Preliminary program

Moscow, May 24, 25, 26, 2007 Higher School of Economics, room 311, 20, Myasnitskaya, Moscow

Thursday, May 24
9:00-9:30	Registration and Coffee
9:30-10:00	Opening Remarks
	Martin Gilman (Director, Center for Advanced Studies, Higher School of Economics) Sergei Guriev (Rector, New Economic School) Lev Lubimov (Higher School of Economics) Aleh Tsyvinski (Harvard University)
10:00-11:30	Session 1 Macroeconomics: Business cycle theory Chair: Martin Gilman
	V. V. Chari (University of Minnesota) On the Optimal Choice of Monetary Policy Instruments Discussant: Virgiliu Midrigan (Federal Reserve Bank of Minneapolis & New York University)
	Oleg Zamulin (New Economic School) Real Exchange Rate Based Phillips Curve Discussant: Ariel Burstein (UCLA)
11:30-12:00	Coffee Break
12:00-13:30	Session 2 Macroeconomics: Optimal taxation theory Chair: Oleg Zamulin
	Mikhail Golosov (MIT) Political Economy and Structure of Taxation Discussant: Konstantin Sonin (New Economic School)
	Emmanuel Farhi (Harvard University) Capital Taxation: Quantitative Explorations of the Inverse Euler Equation Discussant: Manuel Amador (Stanford University)
13:30-14:30	Lunch
14:30-16:45	Session 3 International Economics: Real exchange rates Chair: Maxim Nikitin
	Virgiliu Midrigan (Federal Reserve Bank of Minneapolis & New York University) Lumpy Trade and Large Devaluations Discussant: Oleg Zamulin (New Economic School)
	Fabrizio Perri (University of Minnesota and Minneapolis Fed) The "Great Moderation" and the US External Imbalance Discussant: Emmanuel Farhi (Harvard University)
	Kirill Sosunov (Higher School of Economics) Inflationary Consequences of Real Exchange Rate Targeting via Accumulation of Reserves Discussant: Mikhail Golosov (MIT)
17:00-18:30	Keynote address Chair: Aleh Tsyvinski
	V. V. Chari (University of Minnesota) Modern Macroeconomics in Practice: How Theory is Shaping Policy
18:45	Departure from the Sretenskaya hotel to the conference dinner (conference participants only)
20:00	Conference Dinner (conference participants only)

Friday, May 25
8:30-9:00	Coffee
9:00-11:15	Session 4 International Economics: Open economy macroeconomics Chair: Dmitry Levando
	Manuel Amador (Stanford University) Efficient Expropriation: Investment Cycles and Debt Overhang Discussant: Sergei Guriev (New Economic School)
	Andrew Atkeson (UCLA) Time Varying Risk, Interest Rates, and Exchange Rates in General Equilibrium Discussant: Doireann Fitzgerald (Stanford University)
	Doireann Fitzgerald (Stanford University) Trade Costs, Asset Market Frictions and Risk Sharing: A Joint Test Discussant: Fabrizio Perri (University of Minnesota and Minneapolis Fed)
11:15-11:30	Coffee Break
11:30-13:00	Session 5 International Economics: International and interregional trade Chair: Sergei Pekarski
	Ariel Burstein (UCLA) Innovation, Firm Dynamics, and International Trade Discussant: Natalia Volchkova (New Economic School)
	Natalia Volchkova (New Economic School) Resource Curse and Human Capital Discussant: TBA
13:00-14:00	Lunch
14:00-15:30	Keynote address Chair: Sergei Guriev
	Marc Melitz (Princeton University) Firms and International Trade: Evidence, Theory, and Policy implications

19:15	Reception (joint with the International College for Economics and Finance at Higher School of Economics, by invitations only) Location: HSE Cultural Centre, 11, Pokrovsky bulvar

Other activities on Friday afternoon:
16:00-18:00	International Seminar "Economics as a Scientific Discipline" as a part of 10-year Celebration at the International College for Economics and Finance at the Higher School of Economics Key speaker: Ariel Rubinstein (Tel Aviv University and New York University) Neuro-Economics and Economic Theory Location: SU-HSE campus, Ceremonial Hall, 11, building B, Pokrovsky bulvar
19:00	Bolshoi Ballet ("Raimonda")

Saturday, May 26
9:00-9:30	Coffee
9:30-11:00	Session 6 International Economics: Political economy and trade Chair: Natalia Volchkova
	Ekaterina Zhuravskaya (New Economic School) Inter-Regional Trade and Lobbying Discussant: Andrew Atkeson (UCLA)
	Sergei Guriev (New Economic School) Duration and Term Structure of Trade Agreements Discussant: Marc Melitz (Princeton University)
11:00-11:15	Coffee Break
11:15-13:15	Roundtable Macroeconomic Policy in Russia: Challenges and Solutions* (simultaneous translation will be provided) Moderator: Sergei Guriev
	Evgeny Gavrilenkov (Higher School of Economics, Troika Dialog) Martin Gilman (Higher School of Economics) Victor Polterovich (New Economic School) Aleh Tsyvinski (Harvard University) Ksenia Yudaeva (Center of Strategic Research)
13:15-14:30	Lunch (conference participants only)