About this conference
Closing conference of the BIS CCA Research Network, hosted by the BIS Representative Office for the Americas, Mexico City, 18-19 August 2016.
Day 1 - 18 August
09:00 - 09:15
Enrique Alberola (Chief Representative, BIS Representative Office for the Americas)
09:15 - 11:15
Chair: Enrique Mendoza (University of Pennsylvania)
| The correlation of oil and equity prices: the role of the zero lower bound | Deepa Datta, Benjamin Johannsen, Hannah Kwon and Robert Vigfusson (Federal Reserve Board of Governors) | Presentation Discussant: Jing Cynthia Wu (University of Chicago) | Presentation |
| The predictive ability of commodity currencies volatility risk premium | Jose Renato Haas Ornelas and Roberto Baltieri Mauad (Central Bank of Brazil) | Presentation Discussant: Torben Andersen (Northwestern University) | Presentation |
11:30 - 13:30
Chair: Marco Lombardi (Bank for International Settlements)
| Business cycles in an oil economy | Drago Bergholt and Vegard Larsen (Bank of Norway) | Presentation Discussant: Martin Uribe (Columbia University) | Presentation |
| Commodity price beliefs, financial frictions and business cycles | Jesus Bejarano, Franz Hamann, Enrique Mendoza and Diego Rodriguez (Bank of the Republic, Colombia) | Presentation Discussant: Luis Catao (International Monetary Fund) | Presentation |
15:15 - 17:15
Chair: Christian Upper (Bank for International Settlements)
| The dynamics of investment projects: evidence from Peru | Rocio Gondo (Bank for International Settlements) and Marco Vega (Central Reserve Bank of Peru) | Presentation Discussant: Apostolos Serletis (University of Calgary) | Presentation |
| Commodity prices, growth and productivity: a sectoral view | Claudia de la Huerta and Javier Garcia-Cicco (Central Bank of Chile) | Presentation Discussant: Christiane Baumeister (University of Notre Dame) | Presentation |
17:30 - 18:15
Macro policy responses to natural resource windfalls and the crash in commodity prices
Rick van der Ploeg (Professor of Economics, University of Oxford and Research Director, Oxford Centre for the Analysis of Resource Rich Economies) | Presentation
Day 2 - 19 August
09:00 - 11:00
Chair: Ramon Moreno (Bank for International Settlements)
| Commodity price super-cycle: what lies ahead? | Bahattin Buyuksahin (Bank of Canada) | Presentation Discussant: Yu-chin Chen (University of Washington) | Presentation |
| On the macroeconomics of commodity exporters: some empirical estimates | Emanuel Kohlscheen and Ricardo Sousa (Bank for International Settlements) | Presentation Discussant: Eduardo Borensztein (Borensztein Consulting) | Presentation |
11:20 - 12:20
Bernabe Lopez-Martin, Julio Leal, Andre Martinez Fritzscher (Central Bank of Mexico) | Paper, presentation
Discussant: Olivier Jeanne (John Hopkins University) | Presentation
12:20 - 12:50
Conclusions and follow up by Joshua Aizenman (University of Southern California) and Emanuel Kohlscheen (Bank for International Settlements)