08:00-09:00

Registration

09:00-09:15

Opening Plenary Session

Guillermo Calvo (Chief Economist, Inter American Development Bank)
Alberto Bensión (Minister of Finance, Uruguay)
César Rodríguez Batlle (President, Central Bank of Uruguay)
Ernesto Talvi (CERES)
Máximo Rossi (DEFCS, UDELAR)
Gastón J. Labadie (Universidad ORT)

09:15-10:00

Presidential Address

FINANCIAL GLOBALIZATION IN THE 1990s: LESSONS AND POLICY IMPLICATIONS

 

10:00-10:45

Coffee Break

10:45-12:15

Regular Sessions

CREDIT AND LENDING I
CHAIR:
FLORENCIO LOPEZ DE SILANES
(Yale Unisersity and NBER)

ROOM: BALL ROOM A

Joseph P. Kaboski (University of Chicago), joint with Robert M. Townsend
An Evaluation of Village-Level Microfinance Institutions

Jesus Otero (Universidad del Rosario), joint with Ana María Iregui and Costa Milas
On the Dynamics of Lending and Deposit Interest Rates in Emerging Markets: A Non - Linear Approach

Florencio López-de-Silanes (Yale Unviersity and NBER), joint with Rafael La Porta and Guillermo Zamarripa
Soft Lending and Hard Landing: Related Lending in Mexico
 

POLITICAL ECONOMY
CHAIR:
MANFRED DIX
(Tulane University)

ROOM: BALL ROOM B

Mauricio Soares Bugarin (Universidade do Brasilia)
Electoral Control in the Presence of Gridlocks

Mark Hallerberg (University of Pittsburgh), joint with Patrick Marie
Executive Authority, the Personal Vote, and Budget Discipline in Latin American and Caribbean Countries

Diego Aboal (CINVE), joint with Fernando Lorenzo and Gabriel Oddone
The Political Economy of Budget Deficits in Uruguay

Manfred Dix (Tulane University), joint with Rudy Santore
Campaign Contributions with Swing Voters
 

ECONOMIC THEORY I
CHAIR:
FEDERICO ECHENIQUE
(DEFCS, UDELAR  and UTDT)

ROOM: BALL ROOM C

Juan Mendoza (State University of New York at Buffalo), joint with Herschel Grossman and Minseong Kim
Decisiveness and The Viability of Anarchy

Juan Dubra (Universidad de Montevideo), joint with Jean Pierre Benoit
N Person Wars of Attrition

Federico Echenique (DEFCS, UDELAR  and  UTDT)
A Characterization of Strategic Complementarities
 

GROWTH
CHAIR:
NORMAN LOAYZA
(World Bank)

 ROOM: CONFERENCE

Mauricio Cárdenas (Titularizadora Colombiana S.A.)
Economic Growth in Colombia: A Reversal of ‘Fortune’

Carlos Zarazaga (Federal Reserve Bank of Dallas), joint with Finn Kydland
Argentina's Growth Performance During the Lost Decade and the 1990´s Through the Lens of a Neoclassical Growth Model

Elizer Martins Diniz (Universidade do Sao Paulo), joint with Ricardo Goncalves Silva
Pooled Estimation and Error Correction Approach to a Dynamic Panel Solow Growth Model

Norman Loayza (World Bank), joint with Romain Ranciere
Financial Development, Financial Fragility, and Growth
 

INDUSTRIAL ORGANIZATION I
CHAIR:
CESAR MATOS
(Universidade do Brasilia and Universidade Católica do Brasilia)

ROOM: PICASSO

Germán Coloma (Universidad del CEMA)
A Preliminary Analysis of the Competitive Effects of the Repsol-YPF Merger on the Argentine Gasoline Market

G. Martín Paredes (New York University)
Consumer Recognition in Durable, DifFerentiated Goods Markets with Technological Innovation

Dragan Filipovich (El Colegio de México)
Are Competitive Markets Immune to Culture?

César Mattos (Universidade do Brasilia and Universidade Católica do Brasilia)
Vertical Foreclosure in Telecommunications Through Access Prices and Interconnection Quality
 

INTEGRATION
CHAIR:
GRACIELA L. KAMINSKY
(George Washington University)

ROOM: RENOIR

Hans Keiding (University of Copenhagen), joint with Mette Knudsen
International Trade Under Uncertainty and Disadvantageous Integration

Maurice Schiff (World Bank & US Treasury), joint with Won Chang
Market Presence, Contestability, and the Terms-of-Trade Effects of Regional Integration

Graciela L. Kaminsky (George Washington University), joint with Sergio Schmukler
Short- and Long Run Integration Do Capital Controls Matter?
 

LABOR MARKETS
CHAIR:
NORBERT FIESS
(World Bank) 

ROOM: GAUGUIN

Jasper Hoek (University of Michigan)
Labor Market Institutions and Restructuring: Evidence from Sao Paulo, Brazil

Gustavo Gonzaga (PUC - Rio), joint with Sergio Firpo
From Public to Private:The Performance of Former Public Workers in the Brazilian Labor Market

Norbert Fiess (World Bank), joint with Marco Fugazza and William Maloney
Informality, Wage Rigidities and Real Exchange Rates
 

INTERNATIONAL TRADE I
CHAIR:
SEBASTIAN CLARO
(UCLA and Universidad Católica de Chile)

ROOM: CEZANNE

Manuel Cantavella (Universidad JAUME I), joint with Ana Cuadros Ramos, Ismael Fernández and Celestino Suárez
The Atlantic Trade of European Union: MERCOSUR and NAFTA

Ana María Iregui (Banco de la República de Colombia)
Tax Exporting: An Analysis Using a Multiregional CGE Model

Sebastián Claro (UCLA and Universidad Católica de Chile)
Trade and FDI Liberalization: What to Expect from Chinas's Entrance to WTO?
 

BANKING
CHAIR:
JOSE ANTONIO LICANDRO
(Banco Central del Uruguay)

ROOM: MATISSE

Andres F. Arias (UCLA)
Banking Productivity and Economic Fluctuations: The Story of Colombia and its New Banking Regulation in the Late 1990´s

Janina V. Leon (Wittenberg University)
Frontier Analysis of Cost Efficiency: Application to the Peruvian Municipal Banks

José Antonio Licandro (Banco Central del Uruguay), joint with Mario Bergara
Prudential Regulation and Credit Cycles: A Microeconomic Approach
 

12:15 - 13:30

LUNCH

13:30 - 15:00

REGULAR SESSIONS

EDUCATION
CHAIR:
NORBERT R. SCHADY
(World Bank)

 ROOM: BALL ROOM A

Andrew W. Horowitz (University of Arkansas), joint with Jian Wang
Favorite Son? Specialized Child Laborers and Students in Poor LDC Households

Juan Marcelo Perera (CINVE), joint with Adrián Fernández Poncet
Acceso a la Educación Terciaria. Una Aplicación a Datos de Uruguay

Norbert R. Schady (World Bank), joint with Jean Bolvin and Olivier Deschenes
The (Positive) Effect of Macroeconomic Crises on Education Outcomes: Evidence from Peru
 

INTERNATIONAL FINANCE
CHAIR:
AKIKO TERADA
(George Washington University)

 ROOM: BALL ROOM B

Daniel Borer (Universidad de Basel WWZ), joint with Beatrice Weder
The International Transmission of Financial Shocks: What is the Role of Value at Risk Models?

Ismael Arciniegas (University at Albany), joint with F. Arciniegas and M. Embrechts
Understanding Speculative Attack´s Aftermath with Computational Economics: Machine Learning Sensitivity Analysis

Ankur Vora (University of Chicago)
Impact of Foreign Direct Investments on Developing Country Credit Market

Akiko Terada (George Washington University)
Balance Sheet Effects and Financial Propagation: Evidence from Industrial and Emerging Markets
 

MONETARY POLICY I
CHAIR:
PABLO ANDRES NEUMEYER
(UTDT)

 ROOM: CONFERENCE

Luis Felipe Céspedes (New York University), joint with Roberto Chang and Andrés Velasco
Dollarization of Liabilities, Net Worth Effects, and Optimal Monetary Policy

Alvaro Riascos (Banco de la República, Colombia)
Monetary Policy Rules in a Search Model of the Labor Market

Ricardo Brito (IBMEC), joint with Marco Bonomo
Monetary Rules and Macroeconomic Dynamics in Brazil

Pablo Andrés Neumeyer (UTDT), joint with Fernando Alvarez and Patrick Kehoe
The Time Consistency of the Friedman Rule
 

CRIME AND CORRUPTION
CHAIR:
ERNESTO SCHARGRODSKY
(UTDT)

ROOM: PICASSO

Fabio Sanchez Torres (Universidad de los Andes), joint with Jairo Nuñez
Determinants of Crime in a Highly Violent Country: The Case of Colombia

Nicolás Garcette (DELTA)
Income Inequality and Crime Protection

Daniel Lederman (World Bank), joint with Norman Loayza and Rodrigo Reis Soares
Accountability and Corruption: Political Institutions Matter

Ernesto Schargrodsky (UTDT)
Using a Terrorist Attack to Estimate the Effects of Police on Crime
 

BUSINESS CYCLES AND ECONOMIC FLUCTUATIONS
CHAIR:
FELIPE  MORANDE
(Banco Central de Chile)

ROOM: RENOIR

Juan Manuel Renero (Centro de Investigación y Docencia Económica)
Are there Market Fluctuations that Increase Trade and Welfare?

Paulo Brigido Rocha Macedo (Universidade Federal de Minas Gerais), joint with Gilson Geraldino Da Silva Jr.
Macroeconomic Fluctuations and Market Power in the Brazilian Manufacturing Sectors

Richard Luger (Bank of Canada), joint with Maral Kichian
On Inflation and the Persistence of Shocks to Output

Diego Valderrama (Duke University)
Statistical Nonlinearities in the Business Cycle:  A Challenge For the Canonical RBC Model

Felipe Morande (Banco Central de Chile), joint with Raimundo Soto
¿Consumismo, Frugalidad, Racionalidad? El Ahorro y el Consumo de Durables Frente al Ciclo  Económico en Chile
 

ECONOMIC HISTORY
CHAIR:
HECTOR TAJAM
(FCEA, UDELAR)

ROOM: GAUGUIN

Reto Bertoni (DEFCS - UDELAR)
Adopción y Difusión de la Energía Eléctrica en Uruguay. La Electrificación como Fenómeno Innovativo. 1880 – 1980

Mario Matus G. (IIG - PNUD. Universidad de Chile)
Corea y el Cono Sur de América. El Jardín de los Senderos que se Bifurcan

Rolf J. Lüders (Universidad Católica de Chile), joint with Gert Wagner
Trade Tariffs, Welfare and Public Finance the Case of Nitrates Up to 1930

Héctor Tajam (FCEA, UDELAR), joint with Magdalena Bertino
Una Estimación del PBI Uruguayo 1900-1955 y su Relación con otros Indicadores Económicos
 

NATURAL RESOURCES
AND ENVIRONMENTAL ECONOMICS
CHAIR:
NESTOR GANDELMAN
(Universidad ORT and CERES)

ROOM: CEZANNE

Claudia Sanchez Vela (University of Rochester)
Profits from Natural Resources and Wealth Distribution

Hugo Salgado Cabrera (Universidad de Concepción, Chile) , joint with Bernardo Aliaga
Simulación de CIT en la Pesquería del Jurel en Chile. Separación de los Efectos en la Propiedad de la Transferibilidad de los Derechos de Captura

Rafael Espinosa Ramirez (Instituto Internacional de Governabilidad), joint with M.Ozgur
Strategic Environmental Policies and Mergers
 

INTERNATIONAL TRADE II
CHAIR:
XIMENA CLARK
(World Bank)

ROOM: MATISSE

Douglas Marcouiller (Boston College and NBER)
Hijacking, Hold-Up and International Trade

Christian Daude (IADB), joint with Ernesto Stein
Longitude Matters: Time Zones, the Location of FDI, and Trade

B. Peter Rosendorff (University of Southern California)
Stability and Rigidity: The Dispute Settlement Procedure at the WTO

Ximena Clark (World Bank), joint with David Dollar and Alejandro Micco
Maritime Transport Costs and Port Efficiency
 

15:15 - 16:30

SPECIAL SESSIONS

REGIONAL INTEGRATION
IN THE AMERICAS
CHAIR:
FERNANDO QUEVEDO
(IADB)

ROOM: BALL ROOM A

Anthony Venables  (London School of Economics)
Regionalism and Economic Development

Herman Kamil (University of Michigan), joint with Alvaro Ons
Determinants of the Pattern of Bilateral Trade Under Regional Trade Agreements: An Application to Mercosur 

Julio Berlinski (ITDT)
GATS Commitments of Argentina, Brazil and Chile and Argentina's International Competitiveness
 

REGULATION AND FINANCIAL MARKETS
CHAIR:
ALEJANDRO MICCO
(IADB)

DISCUSSANT:
FLORENCIO  LOPEZ-DE-SILANES
(Yale University and NBER)

ROOM: BALL ROOM B

Arturo Galindo (IADB), joint with Alejandro Micco
Creditor Rights and the Credit Cycle

Florencio López-de-Silanes (Yale University and NBER), joint with Rafael La Porta and Guillermo Zamarripa
Soft Lending and Hard Landing: Related Lending in Mexico

Sergio Schmuckler (World Bank), joint with Graciela Kaminsky
On Booms and Crashes: Stock Market Cycles and Financial Liberalization
 

EXCHANGE RATES AND
CAPITAL FLOWS
CHAIR:
ANDRES VELASCO
(Harvard University)

ROOM: BALL ROOM C

Roberto Rigobon (MIT), joint with Jonathan Kearns
Effectivness of Central Bank Intervention in the Foreign Exchange Market: The Case of Australia

Roberto Chang (Rutgers), joint with Giovanni Majnoni (World Bank)
Fundamentals, Beliefs and Financial Contagion

Andrés Velasco (Harvard University), joint with María Julia Centeno and Patricia Goldszier
Third Generation Models of Financial Crises
 

FEAR OF FLOATING: THEORY AND POLICY
CHAIR:
LUIS VIANA
(Universidad de Montevideo)

DISCUSSANT:
ROBERTO RIGOBON
(MIT)

ROOM: CONFERENCE
 

Guillermo Calvo (Interamerican Development Bank), joint with Carmen Reinhart
Fear of Floating

Carlos Vegh (UCLA), joint with Amartya Lahiri
Living With the Fear of Floating:  An Optimal Policy Perspective

THE QUALITY OF INSTITUTIONS AND FOREING DIRECT INVESTMENT
CHAIR:
ERNESTO STEIN
(IADB)

ROOM: RENOIR

Eduardo Fernández-Arias (IADB), joint with Ricardo Hausmann
Foreign Direct Investment: Good Cholesterol?

Stéphane Straub (University of Toulouse)
FDI vs. Debt, with Imperfect Commitment and Corruption

Ernesto Stein (IADB), joint with Christian Daude
Institutions, Integration and the Location of Foreign Direct Investment
 

ELECTRICAL SECTOR
REGULATION POLICIES
CHAIRS:
RONALD FISCHER
(Universidad de Chile)

ALEXANDER GALETOVIC
(Universidad de Chile)

ROOM: GAUGUIN

Shmuel Oren (Stanford University)
Design of Competitive Electricity Markets: Flaws and Remedies

Alexander Galetovic (Universidad de Chile)
Regulatory Governance and Chile's 1998-1999 Electricity Shortage

Ronald Fischer (Universidad de Chile), joint with Pablo Serra
Regulating the Electricity Market in Latin America
 

THE ECONOMICS OF
EDUCATION
CHAIR:
FRANCISCO FERREIRA
(PUC - Rio)

DISCUSSANT:
FRANCISCO FERRERIA
(PUC - Rio)

ROOM: MATISSE

Eric Hanushek   (Stanford University)
Can Governments Legislate Higher Teacher Quality?

François Bourguignon (DELTA, Paris, and the World Bank)
Distributional Incidence of Educational Expenditures: Intergenerational and Capital Market Effects

EUROPEAN MONETARY
POLICY: STRATEGY AND
IMPLEMENTATION
CHAIR:
RAFAEL REPULLO
(CEMFI)

ROOM: PICASSO

José Viñals  (Banco de España)
Monetary Policy Issues in a Low Inflation Environment

Oreste Tristani (European Central Bank), joint with Vítor Gaspar
Monetary Policy in the Euro Area: Strategy and Decision-Making at the European Central Bank

Rafael Repullo (CEMFI), joint with Juan Ayuso
The Open Market Operations of the European Central Bank
 

SOCIAL EXCLUSION:
WHO IS IN, WHO IS OUT AND
WHY DOES IT MATTER ?
CHAIR:
MIGUEL SZEKELY
(IADB)

DISCUSSANT:
JERE BEHRMAN
(University of Pennsylvania)

ROOM: CEZANNE

Desinard Alves (FIPE), joint with Christopher Timmins
Social Exclusion and the Two-Tiered Health Care System of Brazil

Luis Rubalcava (CIDE), joint with Susan Parker and Graciela Tervel
Educational Attainment of Indigenous Children in Mexico: A Problem of Family Resources or Language Barriers?

Edward Funkhouser (Flasco), joint with Juan Pablo Pérez Sainz and Carlos Sojo
Social Exclusion of Nicaraguans in the Urban Metropolitan Area of San Jose, Costa Rica
 

16:30 - 17:00

COFFEE BREAK

17:00 - 18:30

REGULAR SESSIONS

EXCHANGE RATES
CHAIR:
ROGER CRAINE
(University of Berkeley)

BALL ROOM A

Shaghil Ahmed (Federal Reserve System), joint with Christopher Gust and Steven Kamin
Macroeconomic Shocks and Exchange Rate Regimes: A Comparison of Selected Emerging and Industrial Economies

Marcos Buscaglia (University of Pennsylvania)
Sterilization of Capital Inflows and Balance of Payments Crises

Eduardo Levy-Yeyati (UTDT), joint with Federico Sturzenegger
To Float or to Trail: Evidence on the Impact of Exchange Rate Regimes

Roger Craine (University of California at Berkeley)
Dollarization: An Irreversible Decision
 

ECONOMETRICS I
CHAIR:
KEVIN B. GRIER
(University of Oklahoma)

ROOM: BALL ROOM B

Pedro H. Albuquerque (Banco Central do Brasil)
A Simple Nonparametric Long-Run Correlation Estimator

John Hunter (Brunel University), joint with Christos Ioannidis
Identification and Identifiability of Non-Linear IV/GMM/ Estimators

Gulielmo Caporale (South Bank University)
Monetary Policy and the Exchange Rate During  the Asian Crisis: Identification Through Heteroscedasticy

Fragiskos Archontakis (European University Institute)
Testing the Order of Integration in a VAR Model for I(2) Variables

Kevin B. Grier (University of Oklahoma), joint with Rodolfo Cermeño
Modeling GARCH Processes in Panel Data: Theory, Simulations and Examples
 

MACROECONOMICS
Organized by CEMLA
CHAIR:
GUILLERMO ESCUDÉ

BALL ROOM C

Shaghil Ahmed (Federal Reserve System), joint with Andrew Levin and Anne Wilson
Recent US Macroeconomics Stability: Good Luck, Good Policies, or Good Practices?

Luis Eduardo Arango (Banco de la República de Colombia), joint with Luis Fernando Melo
Booms and Slumps in Latin America: A Characterization Through the Transition Function

Jorge Polgar (Banco Central del Uruguay)
Inflation and Log Run Output: The Role of Banks
 

EDUCATION AND THE LABOR MARKET IN BRAZIL
CHAIR:
JERONIMO OLIVEIRA MUNIZ
(UFMG)

ROOM: CONFERENCE

Andre Portela (Cornell University), joint with Patrick Emerson
Intra-Household Gender Bias and Child Labor Persistence in Brazil

Dorte Vener (World Bank), joint with Andreas Blom and Lauritz Holm-Nielsen
Education, Earnings, and Inequality in Brazil 1982-1998

Marta Menéndez (DELTA), joint with Francois Bourguignon and Francisco Ferreira
Inequality of Outcomes, Inequality of Opportunities and Intergenerational Education Mobility in Brazil

 Jeronimo Oliveira Muniz (UFMG)
An Empirical Approach for Child Labor in Brazil
 

FINANCIAL CONSTRAINTS
CHAIR:
NESTOR GANDELMAN
(Universidad ORT and CERES)

ROOM: PICASSO

Felipe Zurita (Pontificia Universidad Católica de Chile), joint with Alexander Galetovic
Liquidity and the Simple IO of Stock Exchanges

Alejandro Gaytan (New York University and CERASS), joint with Romain Rancieres
Liquidity, Financial Intermediation and Growth

Cristián Echeverría (University of California at Berkeley)
Uncertainty, Liquidity Constraints and the Option Value of Saving

Néstor Gandelman (Universidad ORT and CERES), joint with Eduardo Barbieri and Julio De Brun
Investment Equations and Financial Restrictions at Firm Level: The Case of Uruguay
 

INDUSTRIAL ORGANIZATION II
CHAIR:
GERARD LLOBET
(CEMFI)

ROOM: RENOIR

Hugo Pedro Boff (UFRJ)
Endogenous Normative Indices for the Industry Concentration

Salvador Valdés-Prieto (Universidad Católica de Chile)
Optimal Price and Marketing Policies with Stock Demand

 Pedro Dal Bó (UCLA)
Tacit Collusion Under Interest Rate Fluctuations

Gerard Llobet (CEMFI), joint with Ruben Hernández Murillo
Patent Licensing Revisited
 

PRICES AND INFLATION
CHAIR:
DANIEL SCHYDLOWSKY
(American University)

ROOM: GAUGUIN

Federico Guerrero (University of Maryland)
Modeling the Adverse Effects of High Inflation Uncertainty on Capital Accumulation

Daniel Schydlowsky (American University)
The Recalcitrant Price Systems of Latin America
 

INTERNATIONAL TRADE AND TECHNOLOGY
CHAIR:
JUAN BLYDE
(IADB)

ROOM: CEZANNE

Arilton Teixeira (IBMEC)
Effects of Trade Policy on Techonology Adoption and Investment

Marc-Andreas Muendler (University of California at Berkeley)
Trade, Technology, and Productivity: A Study of Brazilian Manufacturers, 1986-1998

Isidro Soloaga (IADB), joint with Giorgio Barba Navaretti
Weightless Machines and Costless Knowledge: An Empirical Analysis of Trade and Technology Diffusion

Juan Blyde (IADB)
Trade and Technology Diffusion in Latin America
 

ECONOMIC THEORY II
CHAIR:
ERNESTO MORDECKI
(Centro de Matemáticas, UDELAR)

ROOM: MATISSE

Hervé Roche (Instituto Tecnológico Autónomo de México)
Asset Pricing in a Lucas Economy with Recursive Utility Heterogeneous Agents

Walter Moreira (Centro de Matemática UDELAR)
Russian Options for a Diffusion with Negative Jumps

José Fajardo Barbachan  (IMPA - EPGE), joint with Mario Pascoa and Aloisio Araujo
Endogenous Collateral: Arbitrage and Equilibrium Without Bounded Short Sales

Ernesto Mordecki (Centro de Matemáticas, UDELAR) , joint with Alexander Gushchin
Bounds on Option Prices and Comparison of Statistical Experiments for Semimartingales
 

18:30 - 19:45

ROUND TABLE

HAS GLOBALIZATION FAILED IN LATIN AMERICA?
CHAIR:
SEBASTIAN EDWARDS
(UCLA and IAE)

ROOM: BALL ROOM A

John Williamson (Institute for International Economics)
Guillermo Calvo (Inter American Development Bank)
Ilan Goldfajn (Banco Central do Brasil)
Ricardo Hausmann (Harvard University)
Andrés Velasco (Harvard University)

FRIDAY, OCTOBER 19

09:00 - 10:15

INVITED LECTURE

UNDERSTANDING THE MINCER EARNINGS FUNCTION
JAMES HECKMAN
(University of Chicago)

CHAIR:
GASTON LABADIE
(Universidad ORT)

ROOM: BALL ROOM A

JAMES HECKMAN
(University of Chicago)

10:15 - 10:45

COFFEE BREAK

10:45 - 12:00

SPECIAL SESSIONS

SOCIAL SECURITY:
INSURANCE AND INCENTIVES
CHAIR:
HUGO HOPENHAYN
(UTDT and University of Rochester)

BALL ROOM A

Juan Pablo Nicolini  (UTDT), joint with Gabriel Bazaluzzo and Pablo Sanguinetti
Risk Sharing and Intergovernmental Transfers: Evidence Form Argentina

Hugo Hopenhayn  (UTDT, University of Rocherster)
Credit in Latin America – Evidence of the Last Decade

FINANCING REAL
ECONOMIC ACTIVITY IN LATIN AMERICA
CHAIR:
ERNESTO MAY
(World Bank)

DISCUSSANT:
SVEN ARNDT
(Claremont McKenna College)

ROOM: BALL ROOM B

Augusto de la Torre (World Bank), joint with Giancarlo Gasha, Santiago Herrera, Danny Leipziger and Yira Mascaro
Credit in Latin America – Evidence of the Last Decade

Susana Sanchez (World Bank), joint with George Clarke, Robert Cull, Soledad Martinez Peria
Bank Lending to Small Business in Latin America

Sergio Schmukler (World Bank), joint with Esteban Vesperoni
Globalization and Firms’ Financing Choices
 

MONETARY MANAGEMENT IN LATIN AMERICAN: RECENT EXPERIENCES AND ISSUES
CHAIR:
ILAN GOLDFAJN
(IMF)

BALL ROOM C

Speakers:
Alejandro Werner (Banco de México)

Ilan Goldfajn (Banco Central de Brasil)

Klaus Schmidt-Hebbel (Banco Central de Chile)

CAPITAL STANDARDS CAPITAL FLOWS AND BANKING STABILITY
CHAIR:
EVA HOLZ
(Banco Central del Uruguay)

Organized by
ANDREW POWELL (UTDT)

DISCUSSANT:
MIGUEL KIGUEL
(Banco Hipotecario Argentino)

ROOM: CONFERENCE
 

Andrew Powell (UTDT)
A Capital Accord for Emerging Economies?

Liliana Rojas Suarez (Institute for International Economics)
Can International Capital Standards Strenghten Banking Systems in Emerging Economies?

Uwe Neumann (BIS), joint with Philip Turner
Markets, Regulation and Banking in Emerging Markets