International Finance and Macroeconomics.

• Position: Program and Working Group Meeting

Members of the NBER's International Finance and Macroeconomics Program met March 8 in Cambridge. Faculty Research Fellow Cristina Arellano of the Federal Reserve Bank of Minneapolis, Research Associate Brent Neiman of the University of Chicago, and Program Director Pierre-Olivier Gourinchas of the University of California, Berkeley organized the meeting. These researchers' papers were presented and discussed:

* Egemen Eren, Bank for International Settlements, and Semyon Malamud, Swiss Finance Institute, "Dominant Currency Debt"

* Javier Bianchi, Federal Reserve Bank of Minneapolis and NBER, and Jorge Mondragon, "Monetary Independence and Rollover Crises" (NBER Working Paper No. 25340)

* Kalina Manova, University College London; Antoine Berthou, Banque de France; Jong Hyun Chung, Stanford University; and Charlotte Sandoz, International Monetary Fund, "Productivity, (Mis)allocation, and Trade"

* Illenin Kondo, University of Notre Dame; Fabrizio Perri, Federal Reserve Bank of...