Micro and macroeconomic effects of financial globalization.

• Position: Conferences

An NBER/Universities Research Conference on "Micro and Macroeconomic Effects of Financial Globalization" took place in Cambridge on December 5 and 6. The organizers were Ross Levine, NBER and Brown University, and Carlos Vegh, NBER and University of Maryland. These papers were discussed:

* Matteo Iacoviello, Boston College, and Raoul Minetti, Michigan State University, "Foreign Lenders in Emerging Economics"

* Thorsten Beck, Tilburg University, and Maria Soledad Martinez Peria, The World Bank, "Foreign Bank Participation and Outreach: Evidence from Mexico"

* Todd Gormley, Washington University, St. Louis, "Costly Information, Foreign Entry, and Credit Access"

* Geert Bekaert, NBER and Columbia University; Campbell R. Harvey, NBER and Duke University; Christian T. Lundblad, University of North Carolina, Chapel Hill; and Stephan Siegel, University of Washington, "What Segments Equity Markets?"

* Sebnem Kalemli-Ozcan, NBER and University of Houston; Bent Sorensen, University of Houston; and Vadym Volosovych, Florida Atlantic University, "Deep Financial...