International Finance and Macroeconomics.

• Position: Program and Working Group Meetings

Members of the NBER's International Finance and Macroeconomics Program met in Cambridge on March 8-9. Research Associates Emmanuel Farhi of Harvard University and Brent Neiman of the University of Chicago organized the meeting. These researchers' papers were presented and discussed:

* Liliana Varela, University of Houston, and Juliana Salomao, University of Minnesota, "Exchange Rate Exposure and Firm Dynamics"

* Dmitriy Sergeyev and Luigi Iovino, Bocconi University, "Central Bank Balance Sheet Policies without Rational Expectations"

* Anil Ari, International Monetary Fund, "Sovereign Risk and Bank Risk-Taking"

* Andrei A. Levchenko, University of Michigan and NBER, and Nitya Pandalai-Nayar, University of Texas at Austin, "Technology and...