International Finance and Macroeconomics.

• Position: Program and Working Group Meetings

The NBER's Program on International Finance and Macroeconomics met in Cambridge on March 27. Research Associates Gita Gopinath and Laura Alfaro of Harvard University organized the meeting. These papers were discussed:

* Emmanuel Farhi, Harvard University and NBER, and Jean Tirole, Toulouse School of Economics, "Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops"

* Raquel Fernandez, New York University and NBER, and Alberto Martin, CREI (Barcelona), "The Long and the Short of It: Sovereign Debt Crises and Debt Maturity" (NBER Working Paper No. 20786)

* Liliana Varela, University of Houston, "Reallocation, Competition and Productivity: Evidence from a Financial Liberalization Episode"

* David Atkin, University of California, Los Angeles, and NBER; Benjamin Faber, University of California, Berkeley, and NBER; and Marco Gonzalez-Navarro, University of Toronto, "Retail...