Those are the topics covered tomorrow (Friday, 10/14) at the 5th annual West Coast Workshop in International Finance 2016, taking place at Santa Clara University. As usual, these look like a set of fascinating papers, and a must-see for those interested in international finance/open economy macro (A post discussing last year’s conference proceedings is here).
Category Archives: international
Re-Writing the (International) Textbook: Interest Parity Conditions
Literally.
No Kidding: “Hard Brexit has haunted the sterling.”
Ron Alquist brings my attention to this ongoing story:
Source: Bloomberg 10/6/2016.
IMF World Economic Outlook, October 2016
Today, the IMF released forecasts of substantially downwardly revised growth estimates for the US. UK 2017 growth revised down 1.1 percentage points relative to pre-Brexit forecast (World Economic Outlook).
US Employment Implications of Preferential Trade Arrangements
In the debate on Monday, Donald J. Trump comments on Nafta’s impact:
You go to New England. You go to Ohio, Pennsylvania. You go anywhere you want, Secretary Clinton, and you will see devastation where manufacturing is down thirty, forty, sometimes fifty percent — NAFTA is the worst trade deal maybe ever signed anywhere but certainly ever signed in this country.
The Dollar, Tradables, and Monetary Policy
One argument for tightening monetary policy is derived from the argument the Fed needs to raise rates to close a “confidence gap”. Instead of psycho-analyzing the markets, I think it better to focus on data.
“Exchange Rate Prediction Redux: New Models, New Data, New Currencies”
That’s the title of a new paper, coauthored with Yin-Wong Cheung, Antonio Garcia Pascual, and Yi Zhang.
“Policy Challenges in a Diverging Global Economy”
That’s the title of the volume of proceedings of the 2015 Asia Economic Policy Conference, edited Reuven Glick and Mark M. Spiegel.
Interpreting Performance: Japan since 2012
There is widespread belief that Abenomics has led to no increase in output in Japan. It therefore seems useful to examine the data.
“Balance Sheet Effects on Monetary and Financial Spillovers: The East Asian Crisis Plus 20”
That’s the title of a new paper written by me, Joshua Aizenman and Hiro Ito: