31st International Seminar on Macroeconomics.

• Position: Conferences - Conference notes

NBER'S 31st International Seminar on Macroeconomics (ISOM) took place on June 20 and 21 in Ljubljana, Slovenia. Slovenia is the first of the transition economies to have achieved access to the euro.

This was the thirtieth anniversary of the first ISOM meeting in Paris. ISOM Chair and NBER Research Associate Jeffrey Frankel of Harvard University and Christopher Pissarides of the London School of Economics organized this year's program.

The Conference was hosted by the Slovenia's central bank, and Dr. Marko Kranjec, the Governor of the Bank of Slovenia, delivered opening remarks. The conference included the following paper presentations and discussions:

Matthieu Chemin, University of Quebec at Montreal, and Etienne Wasmer, Sciences Po Paris, "A Note on the Employment Effects of the 35-Hour Workweek Regulation in France"

Discussants: John Abowd, Cornell University and NBER, and Christopher Pissarides

Richard Baldwin, Graduate Institute, Geneva and NBER, and Virginia Di Nino, Bank of Italy, "Trade Pricing Effects of the Euro"

Discussants: Philippe Bacchetta, University of Lausanne, and Jose Manuel Campa, IESE Business School and NBER

Dalia Marin, University of Munich, "The New Corporation in Europe

Discussants: Josef Brada Arizona State University, of Polona Domadenik, University of Ljubljana

Laura Alfaro, Harvard University and NBER; Andrew Charlton, London School of Economics; and Fabio Kanczuk, Universidade de Sao Paulo, "Firm-Size Distribution and Cross-Country Income Differences"

Discussants: Jeffrey Frankel, and John Haltiwanger, University of Maryland and NBER

Paul R. Bergin, University of California, Davis and NBER, and Ching-Yi Lin, University of California. Davis, "Exchange Rate Regimes and the Extensive Margin of Trade"

Discussants: George von Furstenberg, National Science Foundation. and Stephen Redding, London School of Economics

Mark P. Taylor and Hyeyoen Kim, University of Warwick, "Real Variables, Nonlinearity, and European Real Exchange Rates"

Discussants: Charles Engel and Kenneth West, University of Wisconsin and NBER

Stephanie E. Curcuru and Charles P. Thomas, Board of Governors of the Federal Reserve System, and Francis E. Warnock, University of Virginia and NBER, "Current Account Sustainability and the Relative Reliability of the International Accounts"

Discussants: Michael Dooley, University of California, Santa Cruz and NBER, and Daniel Gros, Centre for European Policy Studies

Carmen M. Reinhart, University of Maryland and NBER, and Vincent R. Reinhart, American Enterprise Institute, "Capital Flow Bonanzas: An Present"

Discussants: Francesco Giavazzi, MIT and NBER, and Sebnem...