
Dominant Currency Pricing:
Implications for global business cycle and stabilization policy
Virtual Mini Conference
The widespread use of dollars for invoicing international trade and pricing internationally traded goods and services has sharp implications for (i) the transmission of business cycle shocks, be they regional or global, and (ii) the conduct of stabilization policies. Much of the recent open macro literature has been devoted to revisiting empirical and theoretical issues in a globalized economy operating under a dominant currency. In the tradition of Cambridge-INET, Faculty of Economics and CFM Mini Conferences, we are looking to bring together researchers at the frontier of this work to appraise the current state of research and to define an agenda for the coming years.
Organised by: Giancarlo Corsetti (Cambridge), Dmitry Mukhin (Wisconsin-Madison), Balduin Bippus (Cambridge)
Venue: The conference will be held via Zoom
Event Date: Tuesday 1st December 2020
Time: 03:10pm - 06:00pm
Event Contact: Marion Reusch - inet@econ.cam.ac.uk
See programme for full details
Speakers:
Oleg Itskhoki (UCLA)
"Dominant Currencies How firms choose currency invoicing and why it matters" (joint with Mary Amiti & Jozef Konings) - Slides | Paper
Silvia Miranda-Agrippino (Bank of England & CEPR)
"Global Footprints of Monetary Policies" (joint with Tsvetelina Nenova & Hélène Rey) - Slides
Dmitry Mukhin (Wisconsin-Madison)
"Optimal Policy under Dollar Pricing" (joint with Konstantin Egorov) - Slides | Paper
