About this conference
Under the auspices of the Consultative Council for the Americas (CCA), the Americas Office organises Annual Research Conferences, workshops and conferences for the research networks.
Hosted by the Central Bank of Brazil in Rio de Janeiro, Monday 4 and Tuesday 5 June 2018.
Day 1 - 4 June
09:15 - 09:30
Carlos Viana de Carvalho (Central Bank of Brazil) and Enrique Alberola (BIS)
09:30 - 11:10
Chair: André Minella (Central Bank of Brazil)
| Stock market cross-section skewness and business cycle fluctuations | Thiago R T Ferreira (Federal Reserve Board) | Presentation Discussant: Simon Gilchrist (New York University) | Presentation |
| Loan loss provisions and the mortgage market: evidence from a quasi-natural experiment | Mauricio Calani and Ricardo Flores (Central Bank of Chile) (later published as BIS Working Papers, no 780) | Presentation Discussant: Kenneth Kuttner (Williams College) | Presentation |
11:30 - 13:10
Chair: Sérgio Lago Alves (Central Bank of Brazil)
| New information and inflation expectations among firms | Serafín Frache and Rodrigo Lluberas (Central Bank of Uruguay) (later published as BIS Working Papers, no 781) | Presentation Discussant: Samuel Schulhofer-Wohl (Federal Reserve Bank of Chicago) | Presentation |
| MIDAS modelling for core inflation forecasting | Luis Libonatti (Central Bank of Argentina) | Presentation Discussant: Jonathan Wright (Johns Hopkins University) | Presentation |
15:00 - 16:40
Chair: Juan Contreras (BIS)
| Funding liquidity without banks: evidence from a shock to the cost of very short-term debt | Felipe Restrepo, Lina Cardona-Sosa and Philip Strahan (Bank of the Republic, Colombia) | Presentation Discussant: Jacopo Ponticelli (Northwestern University) | Presentation |
| Through thick and thin: relationship lending, credit supply and loan performance during crises | Adrian de la Garza and Bruno López-Videla (Bank of Mexico) | Presentation Discussant: Darius Palia (Rutgers University) | Presentation |
Day 2 - 5 June
09:30 - 10:40
Chair: Fabrizio Zampolli (BIS)
Social insurance and labour supply: unemployment insurance as a subsidy to risky firms | Bernardus Van Doornik, Armando Gomes, David Schoenherr and Janis Skrastins (Central Bank of Brazil) | Presentation Discussant: Jennifer Brown ( University of British Columbia / University of Utah) | Presentation |
Wage dynamics and returns to unobserved skill | Lance Lochner, Youngmin Park and Youngki Shin (Bank of Canada) | Presentation Discussant: Seth Sanders (Duke University) | Presentation |
11:00 - 12:30
Chair: Enrique Alberola (BIS)
- Carlos Viana de Carvalho (Central Bank of Brazil)
- Kenneth Kuttner (Williams College)
- Jonathan Wright (Johns Hopkins University)
- Simon Gilchrist (New York University)
- Seth Sanders (Duke University)