6th Washington Area International Finance Symposium (WAIFS) 2024

The 6th Washington Area International Finance Symposium (WAIFS) is a research conference that highlights academic work from researchers at leading finance institutions in the Washington DC area. The goal of WAIFS is to bring together researchers working in international finance and macroeconomics. Researchers, practitioners, and students from policy institutions and universities present and discuss new ideas in the field. WAIFS welcomes recently arrived, junior economists so they become integrated into the broader community. The event takes place annually at one of the partner institutions.

The conference will be held at the World Bank Headquarters, located at 1818 H Street, NW, Washington DC in room MC 13-121. To participate, please register in advance. Confirmed participants will need to enter the building through the World Bank's main entrance on H St NW, near the intersection of 18^th Street and Pennsylvania Avenue.

Agenda

9:00 – 9:30am	Breakfast and Welcome
9:30 – 10:15am	Welcome remarks: Sergio Schmukler (World Bank) Chair: Sebnem Kalemli-Ozcan (Brown University) Keynote Speaker: Anusha Chari (White House Council of Economic Advisers) (presentation \| recording)
10:15 – 11:00am	Chair: Tim Schmidt-Eisenlohr (Federal Reserve Board) William Witheridge (University of Maryland, College Park) “Monetary Policy and Fiscal-led Inflation in Emerging Markets” (presentation \| recording) Discussant: Steven Pennings (World Bank)
11:00 – 11:15am	Coffee Break
11:15am – 12:30pm	Chair: Pablo Ottonello (University of Maryland, College Park) Joint Session (recording) Jonathan Hoddenbagh (Johns Hopkins University) “A New Test of Fiscal Dominance and Central Bank Independence” (presentation \| recording) Ken Teoh (International Monetary Fund) “Macroeconomic Attention and Expected Returns” (presentation \| recording) Ramona Dagostino (University of Virginia) “Partisan Cities” (presentation \| recording)
12:30 – 1:30pm	Lunch Break
1:30 – 2:15pm	Chair: Andres Fernandez (International Monetary Fund) Mathieu Pedemonte (Inter-American Development Bank) “The Causal Effect of Expected Depreciations” (presentation \| recording) Discussant: Camila Casas (International Monetary Fund) (presentation \| recording)
2:15 – 3:00pm	Chair: Dario Tortarolo (World Bank) Pablo Hernando-Kaminsky (International Finance Corporation, World Bank Group) “Crowding Out and Banking Crises” (presentation \| recording) Discussant: Michele Dathan (Federal Reserve Board) (presentation \| recording)
3:00 – 3:15pm	Coffee Break
3:15 – 4:00pm	Chair: Tomas Williams (George Washington University) Chang He (University of Virginia) “Inelastic Financial Markets and Foreign Exchange Interventions” (presentation \| recording) Discussant: Alessandro Rebucci (Johns Hopkins University) (presentation \| recording)
4:00 – 4:45pm	Yu An (Johns Hopkins University) “Intermediary Elasticity and Risk-Bearing Capacity” (presentation \| recording) Discussant: Davide Tomio (University of Virginia) (presentation \| recording)
4:45 – 5:30pm	Chair: Leticia Juarez (Inter-American Development Bank) Sharon Ross (Federal Reserve Board) “Quantities and Covered-Interest Parity” (presentation \| recording) Discussant: Valentina Bruno (American University) (presentation \| recording)