International Finance and Macroeconomics.

Members of the NBER's International Finance and Macroeconomics Program met October 25 in Cambridge. Research Associates Guido Lorenzoni of Northwestern University and Vivian Yue of Emory University organized the meeting. These researchers' papers were presented and discussed:

* Chenzi Xu, Harvard University, "Reshaping Global Trade: The Immediate and Long-Run Effects of Bank Failures"

* Jordi Gali, CREI and NBER, "Uncovered Interest Parity, Forward Guidance and the Exchange Rate"

* Gabriel Chodorow-Reich, Harvard University and NBER; Loukas Karabarbounis, University of Minnesota and NBER; and Rohan Kekre, University of Chicago, "The Macroeconomics of the Greek Depression" (NBER Working Paper 25900)

* Javier Bianchi, Federal Reserve Bank of Minneapolis and NBER, and Cesar Sosa-Padilia. University of Notre Dame, "Reserve Accumulation, Macroeconomic Stabilization and Sovereign Risk"

* Luis Felipe Cespedes...