Abstract
The research summaries in the September 2012 issue of the IMF Research Bulletin are "Surges in Capital Flows: Why History Repeats Itself" (by Mahvash S. Qureshi) and "The LIC-BRIC Linkage: Growth Spillovers" (by Issouf Samake, Yongzheng Yang, and Catherine Pattillo). The Q&A covers "Seven Questions on Monetary Transmission in Low-Income Countries" (by Prachi Mishra and Peter Montiel). "Conversations with a Visiting Scholar" features an interview with IMF Fellow Olivier Coibion. Also included in this issue are details on the IMF Fellowship Program, visiting scholars at the IMF, a listing of recently published IMF Working Papers and Staff Discussion Notes, and an announcement on IMF Economic Review's first Impact Factor.
Research Conference
“Financial Crises: Causes, Consequences, and Policy Responses”
September 14, 2012
The IMF over the years has analyzed extensively the causes and consequences of financial crises. Many lessons have been extracted from past experiences, including from the most recent episode. Despite significant advances in our knowledge on the causes of crises, their aftermath, and policy responses, these issues remain topics of great policy relevance. The quest for knowledge on the best policy responses to financial crises is an ongoing task. The conference on Financial Crises: Causes, Consequences, and Policy Responses to be held at IMF Headquarters will review lessons on the antecedents of financial crises, the policy responses—in terms of bank, households, financial institutions and sovereign restructurings and their aftermath. The keynote address of the conference will be delivered by Carmen Reinhart (Peterson Institute for International Economics). The policy panel will feature presentations by Jose De Gregorio (Universidad de Chile), Hyun Shin (Princeton University), and Alan Taylor (University of Virginia). The contributions by the conference participants, together with a selection of research pieces on financial crises by IMF staff, will be published in a book.
For further information on the conference program, please visit http://www.imf.org/external/np/seminars/eng/2012/fincrises/index.htm
Thirteenth Jacques Polak Annual Research Conference
“Labor Markets through the Lens of the Great Recession”
November 8-9, 2012
The International Monetary Fund will hold the Thirteenth Jacques Polak Annual Research Conference at its headquarters in Washington, DC on November 8–9, 2012. The conference promises to be an exciting opportunity to discuss topical policy issues related to unemployment and labor markets.
The ARC Program Committee has lined up an excellent set of papers for the conference from Laurence Ball (Johns Hopkins University), Daniel Leigh (IMF) and Prakash Loungani (IMF); Tito Boeri (Bocconi University), Pietro Garibaldi (Collegio Carlo Alberto) and Espen Moen (Norwegian Business School); Michael Burda (Humboldt University of Berlin); Olivier Coibion (University of Texas, Austin), Yuriy Gorodnichenko (University of California, Berkeley), Lorenz Kueng (University of California, Berkeley) and John Silva (Wells Fargo); Ángel Estrada (Bank of Spain), Jordi Gali (CREI) and David Lopéz-Salido (Federal Reserve Board); Teresa Fort (Tuck School of Business at Dartmouth), John Haltiwanger (University of Maryland), Ron S. Jarmin (Bureau of the Census) and Javier Miranda (Bureau of the Census); Shigeru Fujita (Federal Reserve Bank of Philadelphia) and Giuseppe Moscarini (Yale University); Kyle F. Herkenhoff (UCLA) and Lee E. Ohanian (UCLA); Bart Hobijn (Federal Reserve Bank of San Francisco) and Ayşegül Şahin (Federal Reserve Bank of New York); Andrei A. Levchenko (University of Michigan) and Jing Zhang (University of Michigan); and Thomas Piketty (Paris School of Economics) and Emmanuel Saez (University of California at Berkeley).
Peter Diamond (MIT) will deliver the Mundell-Fleming Lecture.
For further information on the program and details on how to register for the conference, please visit the IMF website (www.imf.org) or email ARC@imf.org.