International Finance and Macroeconomics program meeting.

• Position: Program and Working Group Meetings

The NBER's Program on International Finance and Macroeconomics met in Cambridge on March 9, 2012. NBER Research Associates Kristin Forbes of MIT and Helene Rey of London Business School organized the meeting. These papers were discussed:

* Jack Favilukis, London School of Economics, and Sydney C. Ludvigson and Stijn Van Nieuwerburgh, New York University and NBER, "Foreign Ownership of U.S. Safe Assets: Good or Bad?"

* Matteo Maggiori, University of California, Berkeley, "Financial Intermediation, International Risk Sharing, and Reserve Currencies"

* Gabriel Zucman, Paris School of Economics, "The Missing Wealth of Nations: Are Europe and the U.S. Net Debtors or Net Creditors?"

* Marcel Fratzscher, Marco Lo Duca, and Roland Straub, European Central Bank, "Quantitative Easing, Portfolio Choice and International Capital Flows"

* Viral V. Acharya, New York University and NBER, and Raghuram...