Seminars & Conferences

Faculty Research - Seminars & Conferences - Third Washington Area International Finance Symposium

Third Washington Area International Finance Symposium

September 24/25, 2020 (Virtual)


Format: 30 minutes presentation, 15 minutes discussant followed by 10 minutes of break out groups where smaller groups discuss the presentation and discussion, then all come back as a full group for 10-15 minutes of general discussion with the author(s).

September 24

1:00 - 1:10 PM - Introduction

1:10 - 2:20 PM - Scarcity of Safe Assets and Global Neutral Interest Rates

Presenter: Thiago Ferreira (Federal Reserve Board)

Co‐author: Samer Shousha (Federal Reserve Board)

Discussant: Giovanni Dell’Ariccia (International Monetary Fund)

2:25 - 3:35 PM - Benchmarks, Firm Financing, and Real Effects: Evidence from a Global Natural Experiment

Presenter: Tomas Williams (George Washington University)

Co‐authors: Fernando Broner (CREI, UPF, and Barcelona GSE), Juan Jose Cortina Lorente (World Bank), Sergio Schmukler (World Bank)

Discussant: John Ammer (Federal Reserve Board)

3:40 - 4:50 PM - “What Are Reference Rates For?

Presenter: Divya Kirti (International Monetary Fund)

Discussant: Anton Korinek (University of Virginia)


September 25

1:00 - 2:10 PM - From Carry Trades to Trade Credit: Financial Intermediation by NonFinancial Corporations

Presenter: Felipe Saffie (University of Virginia - Darden)

Co‐author: Bryan Hardy (Bank for International Settlements)

Discussant: Valentina Bruno (American University)

2:15 - 3:25 PM - “Shocks and Exchange Rates in Small Open Economies

Presenter: Pierre De Leo (University of Maryland)

Co‐author: Vito Cormun (Boston College)

Discussant: Martin Evans (Georgetown University)

3:30 - 4:40 PM -Demographics and the Real Exchange Rate

Presenter: Marta Giagheddu (Johns Hopkins University)

Co‐author: Andrea Papetti (Bank of Italy)

Discussant: Etienne Gagnon (Federal Reserve Board)


2020 Organizers: Kinda Hachem and Frank Warnock, University of Virginia - Darden

WAIFS Chairs: Nathan Converse and Tim Schmidt‐Eisenlohr, Federal Reserve Board

Second Washington Area International Finance Symposium at UMD

2019 WAIFS at University of Maryland