International Finance and Macroeconomics.

• Position: Program and Working Group Meetings

The NBER's Program on International Finance and Macroeconomics met in Cambridge on October 28. Research Associates Ariel Burstein of the University of California, Los Angeles, and Charles Engel of the University of Wisconsin-Madison organized the meeting. These researchers' papers were presented and discussed:

* Luca Fornaro, CREI (Barcelona), and Federica Romei, Stockholm School of Economics, "Aggregate Demand Externalities in a Global Liquidity Trap"

* Martin Eichenbaum and Sergio Rebelo, Northwestern University and NBER, and Benjamin Johannsen, Federal Reserve Board, "On the Empirical Determinants of Nominal Exchange Rates"

* Manuel Amador, University of Minnesota and NBER; Javier Bianchi, Federal Reserve Bank of Minneapolis and NBER; Luigi Bocola, Northwestern University and NBER; and Fabrizio Perri, Federal Reserve Bank of Minneapolis, "Exchange Rate Policies at the Zero Lower Bound"

* Vahid Gholampour, Bucknell...