Call for Papers
National Bureau of Economic Research (NBER) presents the InterAmerican Seminar on Economics (IASE)
Cambridge, Massachusetts, July 14, 2003

On July 14th, 2003, the NBER's InterAmerican Seminar on Economics (IASE) will have a one-day meeting in Cambridge.

The meeting - which is part of the Bureau's Summer Institute - will deal with "The Aftermath of Debt Restructuring and Debt Default in Emerging Countries."  We are interested in papers that analyze the causes and consequences of debt restructuring and defaults.  We are particularly interested in papers that discuss the costs associated with restructuring and default, and the different strategies followed by crises countries to get out of them.

Some of the specific issues we are interested on include: (1) SDRM and broadly the role of international institutions for lending and handling of bankruptcy procedures; (2) the microeconomic costs of default and restructuring; (3) international evidence on defaults; (4) episodes of low cost (or costless) defaults; (5) "reconstruction" policies in the aftermath of defaults; (6) and the political problems associated with the economic collapse of the defaults.

Papers do NOT have to be restricted to the Latin American experience. In fact, we would like to encourage submissions that deal with other experiences.

The NBER will pay transportation and hotel costs for up to 4 days to participants in the meeting.  During the rest of the week, participants are expected to attend the IFM meetings.

Please send proposals electronically (either paper or abstract) to Roberto Rigobon (rigobon@mit.edu) and Sebastian Edwards (sedwards@anderson.ucla.edu), before April 15th, 2003.