UC Berkeley’s Clausen Center for International Business and Policy and the Peterson Institute for International Economics will hold the Conference on Macroeconomic Implications of Trade Policies and Trade Shocks at the University of California, Berkeley, on February 13-14, 2020.
This conference aims to update the analytical framework for analyzing trade policies and trade shocks to encompass modern developments in macro modeling and in trade theory. The goal is to encourage research incorporating the most recent advances in both the trade and macro literatures and allow economists to provide quantitative answers to questions about the short- and long-run impacts of trade policies and shocks on the trade balance, employment, real wages, income distribution, growth, and welfare.
The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. The Institute is committed to rigorous, intellectually open, and in depth study and discussion. It attempts to anticipate emerging issues and present ideas in useful, accessible formats, to inform and shape public debate. Its audience includes government officials and legislators, business and labor leaders, management and staff at international organizations, university-based scholars and their students, experts at other research institutions and nongovernmental organizations, the media, and the public at large.
Please visit our website for information about our senior fellows, their current research, and our outreach programs.
List of participants can be found here.
Thursday, February 13
|8:30am-9:00am||Registration & Breakfast|
Ann Harrison, Dean, Haas School of Business
University of California, Berkeley
|9:15am-10:15am||“The Impact of the 2018-19 Trade War on U.S. Prices and Welfare”
Stephen Redding (Princeton University)
|10:45am-11:45am||“Does Trade Policy Uncertainty Affect Global Economic Activity?”
Authors: Dario Caldara (Federal Reserve Board), Matteo Iacoviello (Federal Reserve Board), Patrick Molligo (Federal Reserve Board), Andrea Prestipino (Federal Reserve Board), Andrea Raffo (Federal Reserve Board)
|11:45am-12:45pm||“The Impact of Brexit on UK Firms”
Authors: Nicholas Bloom (Stanford University), Philip Bunn (Bank of England), Scarlet Chen (Stanford University), Paul Mizen (University of Nottingham), Pawel Smietanka (Bank of England), Gregory Thwaites (London School of Economics)
|2:00pm-3:00pm||“Trade Shocks and Credit Reallocation“|
|3:30pm-4:30pm||“Modeling Trade Tensions: Different Mechanisms in General Equilibrium“
Authors: Benjamin Hunt (International Monetary Fund), Rafael Portillo (International Monetary Fund), Susanna Mursula (International Monetary Fund), Marika Santoro (International Monetary Fund)
Torsten Slok (Deutsche Bank)
Click here for Slides
Warwick McKibbin (Australian National University)
Robert Koopman (World Trade Organization)
Beth Anne Wilson (Federal Reserve Board)
|6:00pm||Conference Dinner, Great Hall, Bancroft Hotel
2680 Bancroft Way, Berkeley, CA 94704
Friday, February 14
|9:30am-10:30am||“Globalization, Trade Imbalances, and Labor Market Adjustment”|
|11:00am-12:00pm||“A Global View of Creative Destruction”|
|1:30pm-2:30pm||“Tariffs and the Current Account Deficit”
Author: Guido Lorenzoni (Northwestern University)
Discussant: Ina Simonovska (University of California, Davis)
|2:30pm-3:30pm||“Financial Constraints and Propagation of Shocks in Production Networks”|
|4:00pm-5:00pm||Conference Overview Panel:
Olivier Blanchard (Peterson Institute for International Economics)
Marcus Noland (Peterson Institute for International Economics)
Maurice Obstfeld (University of California, Berkeley)
All sessions will be held at:
Spieker Forum (6th Floor)
Cheit Ln, Berkeley, CA 94720
Parking Passes for participants can be reserved in advance. Contact firstname.lastname@example.org to request a permit.
The Hotel Shattuck Plaza is located 1/2 block from the metro BART train (downtown Berkeley station), which is usually the fastest and most convenient transport option from the Oakland and SFO airports.
Accommodation will be provided for out-of-town attendees. Please indicate if lodging is desired when completing your registration form and a reservation will be made on your behalf. We strongly recommend that attendees register as soon as possible.
Hotel confirmations will be sent out by January 31, 2020.
Andrés Rodríguez-Clare, email@example.com
Professor of Economics, University of California, Berkeley
For questions regarding logistics, please contact firstname.lastname@example.org