INTER-AMERICAN DEVELOPMENT BANK

RESEARCH DEPARTMENT

 

 

 

DEPARTMENT OF ECONOMICS

BOSTON COLLEGE

 

 

 

 

Balance Sheet Effects

of Exchange Rate Fluctuations in Latin America

 

May 23-24, 2003

 

Lynch Executive Conference Center

Fulton Hall, Room 513

Boston College

Chestnut Hill, MA, 02467

 

Preliminary Agenda

 

 

May 23, 2003

 

8:30 - 9:00 a.m.   Breakfast Fulton Hall, Room 513

 

 

9:00 - 9:15 a.m.   Welcome:    Joseph F. Quinn, Dean of the College of Arts and Sciences,

                                             Boston College

Ugo Panizza, Inter-American Development Bank 

 

 

9:15 - 10:45 a.m.  Debt Composition and Balance Sheet Effects of Exchange Rate and Interest Rate Volatility in Brazil: A Firm Level Analysis

 

                           Speaker:     Marco Bonomo, Fundao Getulio Vargas

                           Discussant:   Linda Goldberg, Federal Reserve Bank of New York

 

 

10:45 - 11:00 a.m.         Coffee Break

 

 

11:00 - 12:30 p.m.         Debt Composition and Balance-Sheet Effects of Exchange Rate:

A Firm level Analysis for Chile

 

Speaker:     Felipe Morand, Universidad de Chile

                  Discussant:   Kevin Cowan, Inter-American Development Bank

 

 

12:45 - 2:00 p.m.  Lunch Fulton Hall, Rooms 412 & 413

 

 

2:15 - 3:45 p.m.   Debt Deflation in Argentina: Financial Dollarization and Balance Sheet Effects under Currency Board

                                   

                                    Speaker:     Eduardo Levy-Yeyati, Universidad Torcuato di Tella

                           Discussant:   Kristin Forbes, MIT

 

                 

2:45 - 4:00 p.m.   Coffee Break

 

 

 

4:00 - 5:30 p.m.   Debt Composition and Balance Sheet Effects of Exchange Rate and Interest Rate Volatility in Mexico: A Firm Level Analysis

 

                                    Speaker:     Sangeeta Pratap & Alejandro Somuano, CIE-ITAM          

Discussant:   Fabio Natalucci, Board of Governors of the Federal Reserve System

 

 

 

May 24, 2003

9:15 - 10:45 a.m.  Balance Sheet Effects of Exchange and Interest Rate Volatility:

a Firm Level Analysis for Colombia

 

Speaker:     Juan Carlos Echeverry, Roberto Steiner & Leopoldo Ferguson, CEDE, Universidad de los Andes

                           Discussant:   Steve Bond, Oxford University

 

 

10:45 - 11:00 a.m.         Coffee Break

 

 

11:00 - 12:30 p.m.         Debt Composition and Balance-Sheet Effects of Exchange Rate:

The Case of Peru

 

Speaker:     Luis Carranza, Universidad San Martn de Porres

                  Discussant:   Giovanni Majnoni, The World Bank

 

 

12:30 - 12:45 p.m.         Closing Remarks

 

                           Arturo Galindo, Inter-American Development Bank

                           Fabio Schiantarelli, Boston College

 

 

12:45 2:30 p.m. Lunch Fulton Hall, Rooms 412 & 413