Final conference of the BIS CCA Research Network on "Exchange rates: key drivers and effects on inflation and trade"

hosted by the BIS Representative Office for the Americas1,  9-10 August 2018, Mexico City


Thursday 9 August

Session I

Chair: Benoit Mojon (BIS)

  "Estimating the effect of exchange rate changes on total exports" (presentation)
by Thierry Mayer (Science Po) and Walter Steingress (Bank of Canada)
Discussant: Mike Waugh (NYU Stern School of Business) (presentation)
  "Asymmetries and non-linearities in exchange rate pass-through" (presentation)
by Mina Kim (US Bureau of Labor Statistics), Logan T Lewis and Robert J Vigfusson (Federal Reserve Board)
Discussant: Raphael Schoenle (Brandeis University) (presentation)
  "Retailer markup and exchange rate pass-through: evidence from the Mexican CPI micro data" (presentation)
by Fernando Pérez-Cervantes (Bank of Mexico)
Discusssant: David Argente (University of Chicago) (presentation)
  "Industry Heterogeneity and Exchange Rate Pass-Through" (presentation)
by Camila Casas (Bank of the Republic, Colombia)
Discussant: Javier Cravino (University of Michigan) (presentation)

Session II

Chair: Enrique Alberola (BIS)

  "Effects of a Mandatory Local Currency Pricing Law On the Exchange Rate Pass-Through" (presentation)
by Renzo Castellares and Hiroshi Toma (Central Reserve Bank of Peru)
Discussant: Andres Drenik (Columbia University) (presentation)
Keynote lecture  "What can online prices teach us about exchange rate pass-through?"
by Roberto Rigobón (Massachusetts Intitute of Technology) (presentation)

Friday 10 August 2018

Session III

 Chair: Fabrizio Zampolli (BIS)

  "Exchange rate pass-through and monetary policy: an empirical evaluation"
by Horacio Aguirre and Gustavo González Padilla (Central Bank of Argentina)
Discussant: Martín Tobal (Bank of Mexico) (presentation)
  "Exchange Rates and Prices: Evidence from the 2015 Swiss Franc Appreciation" (presentation)
by Raphael Auer (BIS), Ariel Burstein (UCLA) and Sarah M Lein (University of Basel)
Discussant: Andrei Levchenko (University of Michigan) (presentation)
  "Import prices and invoice currency: evidence from Chile" (presentation)
by Fernando Giuliano (World Bank) and Emiliano Luttini (Central Bank of Chile)
Discussant: Joaquim Blaum (Brown University) (presentation)