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Tenth BIS CCA Research Conference on "Macro models and micro data"

23–24 May 2019 | Buenos Aires, Argentina

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 Argentina, 23-24 May 2019.

Day 1 - 23 May

09:00 - 09:10

Veronica Rappoport (Central Bank of Argentina) and Enique Alberola (Bank for International Settlements)

09:10 - 11:10

Chair: Mauro Alessandro (CB of Argentina)

Wage cyclicality of new and continuing jobs

Elías Albagli, Gabriela Contreras, Matías Tapia and Juan Wlasiuk (Central Bank of Chile)

Discussant: Michael Pries (U of Notre Dame) | Presentation

Demographic origins of the decline in labor's share

Jacob Short (Bank of Canada) and Andrew Glover (later published as BIS Working Papers, no 874)

Discussant: Nicolas Vincent (HEC Montreal) | Presentation

11:30 - 12:30

Chair: Juan Contreras (Bank for International Settlements)


Credit demand at the household level: RCC meets ENAHO

Nikita Céspedes (Central Bank of Peru) 

Discussant: Sergio Mayordomo (Bank of Spain) | Presentation

14:30 - 16:30

Chair: Juan Contreras (Bank for International Settlements)

The impact of credit risk mispricing on mortgage lending during the subprime boom | Presentation

Benjamin S. Kay (Federal Reserve Board) and James A. Kahn (later published as BIS Working Papers, no 875)

Discussant: Larry Cordell (Philadelphia Fed) | Presentation

Government Banks, household debt, and economic downturns: The case of Brazil

Gabriel Garber (Central Bank of Brazil), Atif Mian, Jacopo Ponticelli and Amir Sufi (later published as BIS Working Papers, no 876)

Discussant: João Cocco (London Business School)

16:45 - 17:45

Jonathan Parker (MIT Sloan)

Novel micro data for macro analysis: reported beliefs, reported effects, and observed economic behavior

Day 2 - 24 May

09:00 - 11:00

Chair: Laura D'Amato (CB of Argentina)

Trade policy uncertainty and its effect on foreign direct investment and export participation: evidence from Mexico

Alfonso Cebreros, Daniel Chiquiar, Aldo Heffner and Alejandrina Salcedo (Bank of Mexico)

Discussant: Deborah Swenson (UC Davis) | Presentation

Export survival and foreign financing

Laura D'Amato, Máximo Sangiacomo (CB of Argentina) and Martin Tobal (later published as BIS Working Papers, no 877)

Discussant: Facundo Albornoz (U of Nottingham) | Presentation

Chair: Laura D'Amato (BCRA)

Intra- and inter-industry misallocation and comparative advantage

José Pulido (Bank of the Republic, Colombia)

Discussant: Lorenzo Caliendo (Yale SOM) | Presentation

12:15 - 13:00

Chair: Enrique Alberola (BIS)

Martin Tobal (Bank of Mexico), Juan Wlasiuk (CB of Chile), Mauro Alessandro (CB of Argentina)

13:00 - 13:15

Mauro Alessandro (CB of Argentina) and Enrique Alberola (BIS)