Saturday, July the 19th

9.00 – 10.30am

Exchange rates

“Nominal Shocks and Real Exchange Rate Fluctuations”, Luciana Juvenal (St. Louis Fed and Warwick)

“Real Exchange Rate Misalignments”, Megumi Kubota (York)

10.30 – 11.00am

Tea/Coffee Break

11.00am – 12.30pm

International lending Chair: Emanuel Kohlscheen

 “A Portfolio Analysis Of Sovereign Wealth Funds”, Christopher Balding (UC Irvine)

“On the looting of nations”, Mare Sarr, Erwin Bulte, Chris Meissner (UC Davis) and Tim Swanson

1.00 – 2.00pm

Lunch

2.00 – 3.30pm

Global Imbalances Chair: Dennis Novy

 “On the welfare implications of financial globalization without financial development” Enrique G. Mendoza ( Maryland), Vincenzo Quadrini and José-Victor Ríos-Rull

 “Eastern caution, Western ebullience and global imbalances”, Marcus Miller (Warwick) and Lei Zhang (Warwick)

3.30 – 3.45pm

Tea/Coffee Break

3.45 – 5.15pm

Sovereign risk and politics

 "Why are there Serial Defaulters? Evidence from Constitutions" Emanuel Kohlscheen (Warwick)

“Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt”, Jens Hilscher and Yves Nosbusch (LSE)

5.30 - 6.45pm

Risk cultures in China (Presentations and round-table discussions)

Scott Lash (Goldsmiths), Michael Keith (Goldsmiths) and Tyler Rooker (Goldsmiths)

7.30pm