International Seminar on Macroeconomics.

• Position: Conferences

The NBER's 39th International Seminar on Macroeconomics took place in Sofia, Bulgaria on June 24-25. The seminar was organized by Research Associates Richard H. Clarida of Columbia University, Jeffrey Frankel of Harvard University, and Helene Rey and Lucrezia Reichlin of London Business School. These researchers' papers were presented and discussed:

* Enrique Alberola, Bank for International Settlements, and Gianluca Benigno, London School of Economics, "Revisiting the Commodity Curse: A Financial Perspective"

* Yusuf Soner Baskaya and Mehmet Fatih Ulu, Central Bank of the Republic of Turkey; Julian di Giovanni and JoseLuis Peydro, Pompeu Fabra University (Barcelona); and Sebnem Kalemli-Ozcam, University of Maryland and NBER, "International Spillovers and Local Credit Cycles"

* Luca Dedola and Livio Stracca, European Central Bank, and Giulia Rivolta, University of Brescia, "If the Fed Sneezes, Who Catches a Cold?"

* Vania Stavrakeva, London Business School, "Optimal Capital Flows in a Model with Financial Frictions and Imperfectly Competitive Banking Sector"

* Luis Cespedes, Adolfo Ibanez University (Chile); Roberto Chang, Rutgers University and...