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1997 ANNUAL LACEA MEETINGS

Fedesarrollo - Universidad de los Andes

SANTAFE DE BOGOTA, October 2-4, 1997

PRELIMINARY CONFERENCE PROGRAM

(as of 10/9/97)


Conference Organizers: Mauricio Cárdenas S. and Santiago Montenegro

Program Committee:

  • Mauricio Cárdenas, Fedesarrollo, Chair

maucarde@uniandes.edu.co

  • Santiago Montenegro, Universidad de los Andes, Vice-Chair

smontene@uniandes.edu.co

  • Alberto Carrasquilla, Central Bank of Colombia

acarraba@benrep.gov.co

  • Guillermo Calvo, University of Maryland

calvo@econ.umd.edu

  • Vittorio Corbo, Pontificia Universidad Católica de Chile

vcorbo@lascar.puc.cl

  • Sebastian Edwards, University of California, Los Angeles

sedwards@agsm.ucla.edu

  • Raquel Fernandez, New York University

fernande@fasecon.econ.nyu.edu

  • Albert Fishlow, Council on Foreign Relations
afishlow@email.cfr.org
  • Marcio García, Pontificia Universidad Católica de Río de Janeiro, Brasil

mgarcia@baoba.con.puc-rio.br

  • Ricardo Hausmann, Inter-American Development Bank

ricardoh@iadb.org

  • Alejandro Hernández, Instituto Tecnológico Autónomo de México

hernand@cie.ster.itam.mx

  • Florencio López-de-Silanes, Harvard University

florens@nber.harvard.edu

  • Nora Lustig, The Brookings Institution

nlustig@brook.edu

  • Maurice Obstfeld, University of California, Berkeley

obstfeld@econ.Berkley.edu

  • Marco Pagano, Universita de Napoli Federico II (Italy)

pagano@synapsis.it

  • Manuel Pastor, University of California, Santa Cruz

mpastor@cats.ucsc.edu

  • Guillermo Perry, The World Bank

gperry@worldbank.org

  • Mariano Tommasi, Universidad de San Andrés (Argentina)

tommasi@udesa.edu.ar

  • Aaron Tornell, Harvard University

atornell@nber.org

  • Andrés Velasco, New York University

valesco@fasecon.econ.nyu.edu

Preliminary Conference Program

Thursday - October 2

8:00 - 8:45 am

Registration

Opening Ceremony (Auditorio Lleras)

8:45 - 9:00 am

Welcoming remarks

Mauricio Cardenas, Fedesarrollo

Santiago Montenegro, Universidad de los Andes

9:00 - 9:45 am

Opening Speech

Jose Antonio Ocampo-Minister of Finance, Republic of Colombi

9:45 - 11:00 am

Opening Lecture

Joseph Stiglitz, The World Bank

11:00 - 11:15 am

Coffee Break

11:15 am-1:00 p

Go to the full listing of Session 1 of papers

1A - Exchange Rates and Debt (Auditorio Lleras)

1B - Inequality and Poverty in Latin America (Rm LL 303)

1C - Regional Trade Agreements (Room LL 301)

1D -The Design of Environmental Regulation in Latin America (Room LL 302)

1E - Corruption (Room LL 306)

1F - Labor Markets (Room LL 307)

1:00 - 2:00 pm

Lunch

2:00 - 3:45 pm

Session 2: Go to full list of Session 2 Papers

2A - Speculative attacks (Room LL 303)

2B - The Real Plan: Stabilization and Growth Prospects in Brazil (Room LL 301)

2C - Finance and Institutions (Room LL 302)

2D - Political Economy of Trade (Room LL 306)

2E - Income Distribution and Macroeconomics (Auditorio Lleras)

2F - Unemployement (Room LL 307)

3:45 - 4:00 pm

Coffee Break

4:00 - 5:45 pm

Session 3: Full list of Session 3 Papers

bogota3.htm

3A - Banking Spreads (Auditorio Lleras)

3B - Inequality, Growth and Politics (Room LL 301)

3C - Exchange Rates in Colombia (Room LL 302)

3D - Impact of Regional Integration (Room LL 306)

3E - Determinants of Savings in LDCs (Room LL 307)

3F - Inflation and Disinflation (Room LL 401)

3G - Central Banking (LL 303)

5:45 - 7:15 pm

Invited Lectures

"Smoothing Consumption: Consumption Booms and Busts at Low and High Frequencies."

Orazio Attanasio. University College, London.

Chair: Ricardo Hausmann, Interamerican Developmet Bank

Place: Auditorio Lleras

"Private Participation in Infrastructure: New Developments."

Eduardo Engel. Universidad de Chile and MIT.

Chair: Guillermo Perry, The World Bank

Place: Auditorio Marta Trab

Friday - October 3

8:45-10:15 am

Session 4

4A - Innovation and Diffussion (Room LL 301)

4B - Institutions, Law and Governance (Room LL 302)

4C - Monetary History of Argentina (Room LL 306)

4D - Investment under Uncertanty (Room LL 307)

4E - Lessons from Pension Reform (Room LL 303)

4F - Banking Disturbances (Auditorio Lleras )

10:15 - 11:45 a

Session 5

5A - Economic Outcomes of Political Regimes (Room LL 301)

5B - Regulation and Infrastructure (Room LL 302)

5C - Banking (Room LL 303)

5D - Institutions and Fiscal Outcomes (I) (Auditorio Lleras)

5E - Income Distribution, Saving and Welfare (Room LL 306)

5F - Reform and Labor Markets (Room LL 307)

11:45 - 12:00 m

Coffee Break

12:00 m - 1:00 pm

Invited Lecture

"Inequality, Redistribution and Development"

Francois Bourguignon. DELTA, Paris.

Chair: Santiago Montenegro, Universidad de los Andes.

Place: Auditorio Lleras

1:00 - 2:00

Lunch

2:00-3:15 pm

Session 6

6A - Privatization and Regulation (Room LL 301)

6B - Relative and Minimum Wages (Room LL 302)

6C - Do Institutions Matter? (Room LL 306)

6D - Institutions and Fiscal Outcomes (II) (Auditorio Lleras)

6E - Economic Reform: Was it Worth It? (Room LL 303)

6F - Corruption and Justice (Room LL 307)

3:15-3:30 p

Coffee Break

3:30-4:45 pm

Session 7

7A - Wage Curves and Wage Differentials (Room LL 301)

7B - Determinants of Education in LDCs (Room LL 302)

7C - Regulation of Public Utilities in Practice (Room LL 306)

7D - Models of the Real Exchange Rate: Recent Developments (Room LL307)

7E - Macroeconomic Fluctuations and Policies (Room LL 303)

7F - Distribution and Growth (Auditorio Lleras)

4:45 - 5:00 pm

Coffee Break

5:00-6:30 pm

Raul Prebisch Distinguished Lecture (Auditorio Lleras)

Guillermo Calvo, University of Maryland

Chair: Nora Lustig, InterAmerican Development Bank

Saturday - October 4

9:00-10:15 am

Session 8

8A - Poverty in Latin America (Auditorio Lleras)

8B - Public Finance (Room LL 301 )

8C - Exchange Rates and Exchange Controls: Theory and Evidence (Room LL 303)

8D - Industrial Organization and Trade (Room LL 302)

8E - Inequality (Room LL 306)

8F - Economic Effects of Social Conflict (Room LL 307)

10:15 - 10:30 am

Coffee Break

10:30 - 11:45 am

Session 9

9A - Privatizations and Macroeconomics (Room LL 301 )

9B - Poverty (Auditorio Lleras )

9C - Environmental Regulation (Room LL 303 )

9D - Human Capital (Room LL 302)

9E - Business Cycles and Stabilization (Room LL 306)

9F - Monetary Transmissions and Inflation (Room LL 307 )

11:45 am - 1:00 pm

Round Tables

Economic Reform in Latin America and the Caribbean: The Road Ahead.

Eduardo Lora, Interamerican Development Bank, Andres Velasco, NYU, Vittorio Corbo, Universidad Catolica de Chile

Chair: Mauricio Cardenas, Fedesarrollo

Place: Auditorio Lleras

Fiscal Policy in Latin America and the Caribbean: Lessons and Future Challenges.

Ricardo Hausmann, InterAmerican Development Bank, Guillermo Perry, World Bank, Rogerio Wernek, PUC Rio de Janeiro

Chair: Roberto Steiner, Fedesarrollo

Place: Auditorio Marta Traba

1:00 - 2:00 pm

Lunch

2:00-3:15 pm

Session 10

10A - Microeconomics of Inflation (Auditorio Lleras)

10B - Crime and Violence: Causes and Consequences (Room LL 301)

10C - Employement and External Shocks (Room LL 302)

10D - Current Account Sustainability (Room LL 306)

10E - Environmental Regulation (II) (Room LL 307)

10F - Trade and Growth (Room LL 303)

3:15-4:30 pm

Session 11

11A - Finance (Room LL 301)

11B - Capital Flows: Causes and Consequences (Room LL 302)

11C - Capital Controls (Room LL 303)

11D - Environmental Regulation (III) (Room LL 306)

11E - Microeconomics of Social Programs (Room LL 307)

11F - Pension Reform (Auditorio Lleras)

4:30 - 4:45 pm

Coffee Break

4:45 - 6:15 pm

Closing Session (Auditorio Lleras )

Presentation of Carlos Diaz Alejandro Award

Presidential Address

Albert Fishlow, Council on Foreign Relations

Chair: Guillermo Calvo, University of Maryland