Seminar Series

Gerald P. Dwyer, FRB Atlanta and University of Carlos III, Madrid, “Systematic and Liquidity Risk in Sub-prime Mortgage-backed Assets,” co-authored with Mardi Dungey and Thomas Flavin, March 11.

Juan Pablo Nicolini, FRB Minneapolis, April 15.

Alan M. Taylor, University of California Davis NBER and CEPR, “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises 1870-2008,” co-authored with Moritz Schularick.

Fall 2010

Edward Nelson, Federal Reserve Board, “Postwar Financial Crises and Economic Recoveries in the United States,” co-authored with David Lopez-Salido, October 15.

Antonio Moreno, University of Navarra, “Macroeconomic Regimes,” co-authored with Lieven Baele, Geert Bekaert, Seonghoon Cho and Koen Inghelbrecht, November 5.

Ralf Hepp, Fordham University, “Securitization and the Balance Sheet Channel of Monetary Polity,” co-authored with Uluc Aysun, November 19.

James R. Lothian, Fordham University, “Exchange Rates and Prices in the Netherlands and Britain Over the Past Four Centuries,” co-authored with John Devereux, December 3.

Spring 2010

Kanda Naknoi, Purdue University, "Exchange Rate Pass-through and Market Structure in Multi-country World," April 9.

Joshua Aizenman, University of California at Santa Cruz, "Using Inflation to Erode the U.S. Public Debt," March 5.

James R. Lothian, Fordham University, "Why Money Matters: A Fourth Episode in Friedman's Natural Experiment," February 19.

Paul McNelis and Li Gu, Fordham University, " Euro Appreciation and Chinese Fear of Floating: Pressures from the NDF Market," February 5.

Fall 2009

N.K. Chidambaran, Fordham University, "Managerial Horizon, Voluntary Disclosure and Firm Risk," co-authored with Kose John, New York University.

Naoyuki Yoshino, Keio University, Tokyo, "An Empirical Analysis of Japanese Banking Behavior in a Period of Financial Instability."

James R. Lothian, Fordham University, "U.S. Monetary Policy and the Financial Crisis."

Spring 2009

James R. Lothian, Fordham University, "Milton Friedman's Monetary Economics and the Quantity Theory Tradition,"April 2004.

Pamela C. Moulton, Fordham University, "Earning More Attention: The Impact of Market Design on Attention Constraints," March 30.

Ulf Nielsson, Columbia University, "Stock Exchange Merger and Liquidity," February 9.

Fall 2008

James R. Lothian, Fordham University, "The Behavior of Prices and Nominal Exchange Rates across Exchange-Rate Regimes: Three Natural Experiments," October 24.

Spring 2008

Giorgio Valente, University of Leicester, "Exchange Rates and Fundamentals: Footloose Or Evolving Relationship?" coauthored with Lucio Sarno.

Paul D. McNelis, Fordham University, "A Bayesian Comparison of the Gold Standard and the Great Moderation," coauthored with Gabriel Fagan and James R. Lothian.

Peter S. Sephton, School of Business, Queen's University, Kingston, Ontario, Canada, "Unit Roots and Purchasing Power Parity: Another Kick at the Can."

Guglielmo M. Caporale, Brunel University, London, "Fiscal Shocks and Real Exchange Rate Dynamics: Some Evidence for Latin America."

James R. Lothian, Fordham University, "The Behavior of Prices and Nominal Exchange Rates across Exchange-Rate Regimes: Some Natural Experiments."

Fall 2007

Viktoria Hnatkovska, University of British Columbia, "Home Bias and High Turnover: Dynamic Portfolio Choice with Incomplete Markets."

Anamaria Ionescu, Colgate University, "Bankruptcy Rules, College Enrollment and Default Incentives for Student Loans: International Comparisons."

Gary Schinasi, International Monetary Fund, "Resolving EU Financial stability challenges: Is a Decentralized Decision-Making Approach Efficient?"

Spring 2007

Guay Lim and Paul McNelis, "Fiscal and Current Account Balances in a Model with Sticky Prices and Distortionary Taxes."

Gabriel Fagan, European Central Bank, "Adjusting to the Euro."

Jim Lothian, Fordham University, "Irving Fisher, Expectational Errors and the UIP Puzzle." Coauthored with Rachel Campbell, Maastricht University and RSM Erasmus University, Kees Koedijk, RSM Erasmus University and CEPR, and Ronald Mahieu, RSM Erasmus University.

Guglielmo M. Caporale, Brunel University, London, "A Comparison Between Tests for Changes in the Adjustment Coefficients in Cointegrated Systems."

Matthew Morey, Pace University, "Corporate Governance Ratings in Emerging Markets: Implications for Market Valuation, Internal Firm Performance, Dividend Payouts and Policy."

Fall 2006

Anand Shetty, Iona College, "Interest-Rate Linkages and Capital Market Integration: Evidence from the Americas."

Dr. Brian Pinto, World Bank, "India-East Asian Growth, Latin American Deficits."

Spring 2006

John Devereux, Queens College-CUNY, "Accounting for Regional Real Exchange Rates."

Russell Boyer, University of Western Ontario, "Can the Policy Trilemma Be Exposited in the Mundell-Fleming Framework?"

Martin D.D. Evans, Georgetown University, "Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting."

Delroy M. Hunter, University of South Florida, "Information Risk in the International Currency Markets: Evidence from the Violation of URIP."

Mathijs A. van Dijk, Ohio State University and RSM Erasmus University, "Purchasing Power Parity and Heterogeneous Mean Reversion."

Gerald P. Dwyer Jr., Federal Reserve Bank of Atlanta, "Why Do Banks Promise to Pay Par on Demand?"

Fall 2005

Richard J. Sweeney, Georgetown University, "Fed Intervention, Dollar Appreciation, and Systematic Risk."

Paul D. McNelis, Fordham University, "Real Exchange Rate Current Account Dynamics with Sticky Prices and Distortionary Taxes."

Spring 2005

Dilip K. Patro, Rutgers Business School, "International Mutual Fund Flows."

Russell S. Boyer, University of Western Ontario, "On the Observational Equivalence of Devaluation and Monetary Policy."

Turan Bali and Liuren Wu, Baruch College-CUNY, "The Role of Exchange Rates in the Intertemporal Risk-Return Relation in International Economies."

James R. Lothian, Fordham University, "Institutions, Capital Flows, and Financial Integration."

Spring 2004

Cal Muckley, Trinity College Dublin, "Is Australasia, North and Southeast Asia Becoming a Yen Bloc?"

Yangru Wu, Rutgers University, "Optimal Transactions Filters under Transitory Trading Opportunities: Theory and Empirical Illustration."

Michael Melvin, Arizona State University, "The Role of U.S. Trading in Pricing Internationally Cross-Listed Stocks."

Paul D. McNelis, Georgetown University, "Deflationary Dynamics in Hong Kong: Evidence from Linear and Neural Network Regime-Switching Models."

Mark P. Taylor, University of Warwick and Centre for Economic Policy Research (CEPR), "The Purchasing Power Parity Debate."

Fall 2003

Bernard F. Yeung, New York University, "Corporate Stability and Economic Growth."

James R. Lothian, Fordham University, "Real Exchange Rates, Non-linear Adjustment and the Harrod-Balassa-Samuelson Effect."

Warren Bailey, Cornell University, "Stock Market Liberalization and the Information Environment," coauthored with Kee-Hong Bae, Korea University, and Connie X. Mao, Temple University.

Gerald P. Dwyer Jr., Federal Reserve Bank of Atlanta, "Does Opening a Stock Exchange Increase Economic Growth?"

Markus Leippold, University of Zurich, "Equilibrium Impact of Value-At-Risk Regulation."

Spring 2003

Michael Bordo, Rutgers University, and Marc Flandreau, University of Paris and CEPR.

"Financial Vulnerability and Financial Crises in Emerging Markets, 1880-1914."

James R. Lothian and Cornelia H. McCarthy, Fordham University, "Post-WWII Monetary Policy and International Inflation Behavior."

Fall 2002

Gautam Goswami, Fordham University, "A Dynamic Equilibrium Model of Real Exchange Rates with Transactions Costs," coauthored with Milind Shrikhande and Liuren Wu.

Markus Leippold, University of Zurich, "Forecasting Interest Rates and Exchange Rates under Multi-currency Quadratic Models," coauthored with Liuren Wu.

James R. Lothian, Fordham University, "The Internationalization of Money and Finance and the Globalization of Financial Markets."

John Devereux, Queens College-CUNY, "Using Absolute Purchasing Power Parity Real Exchange Rates to Measure British Relative Decline."