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Dominant Currency Pricing Mini Conference

Tuesday 1st December 2020 - Tuesday 1st December 2020 03:10pm - 06:00pm The conference will be held via Zoom
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. Cambridge-INET, the Centre for Macroeconomics and the Faculty of Economics are holding a mini conference on "Dominant Currency Pricing". Organised by Professor Giancarlo Corsetti and Balduin Bippus. It will take place on Tuesday 1st December 2020, 3:10pm-6:00pm GMT (UK) and will be held online. See the event page for more details.

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