Venice Summer Institute
Workshop on

Exchange Rate Modelling:
Where Do We Stand?

Venice International University,
San Servolo, 13-14 July. 2002

Programme
Saturday, 13 July 2002

Session 1

09:00 - 09:15 Welcome Address
PAUL DE GRAUWE

09:15 - 10:15 Keynote Lecture: Are Different Currency Assets Imperfect Substitutes?
RICHARD LYONS

10:15 - 10:30 Coffee Break

Session 2

10:30 - 11:30 Liquidity Determination in an Order Driven Market
JON DANIELSSON and Richard Payne
Discussant: ALEXIS DERVIZ

11:30 - 12:30 Volume, Order Flow and the FX Market: Does it Matter Who You Are?
Geir Bjonnes, DAGFINN RIME and Haakon Solheim
Discussant: MAGDALENA POLAN

12:30 - 13:30 Lunch

Session 3

13:30 - 14:30 Keynote Lecture: Modelling and Forecasting Real and Nominal Exchange Rates - Where Do We Stand?
MARK TAYLOR

14:30 - 15:30 Heterogeneity of Agents and the Exchange Rate. A Non-Linear Approach
PAUL DE GRAUWE and Marianna Grimaldi
Discussant: THORVALDUR GYLFASON

15:15 - 15:30 Coffee Break

Session 4

15:45 - 16:45 Dynamics of Endogenous Business Cycles and Exchange Rate Volatility
VOLKER BÖHM and Tomoo Kikuchi
Discussant: PAUL DE GRAUWE

16:45 - 17:45 Modeling Currency Prices with Fundamental Volatility
PHORNCHANOK CUMPERAYOT, Namwon Hyung and Casper G. de Vries
Discussant: ANTONIO GARCIA PASCUAL

20:00 Conference Dinner

Sunday, 14 July 2002

Session 5

09:00 - 10:00 Volatile and Persistent Real Exchange Rates without the Contrivance of Sticky Prices
MICHAEL MOORE and Maurice Roche
Discussant: ANNE SIBERT

10:00 - 10:15 Coffee Break

Session 6

10:45 - 11:30 Exchange Rate Determination under Interest Rate Rules
GIANLUCA BENIGNO and Pierpaolo Benigno
Discussant: DANIELA FEDERIC

11:15 - 12.15 The Euro, Eastern Europe and Black Markets: The Currency Hypothesis
HANS-WERNER SINN and Frank Westermann
Discussant : HAAKON SOLHEIM

12:15 - 13:30 Lunch

Session 7

13:30 - 14:30 Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive?
YIN-WONG CHEUNG, Menzie Chinn and Antonio García Pascual
Discussant: FRANK WESTERMANN

14:30 - 15:30 The Euro-Dollar Exchange Rate: Is it Fundamental?
MARIAM CAMARERO, Javier Ordóñez and Cecilio Tamarit
Discussant: JAN-EGBERT STURM

Click here to see the list of participants.

Venice Summer InstituteWorkshop on

Exchange Rate Modelling: Where Do We Stand?

Venice International University, San Servolo, 13-14 July. 2002

Programme

Venice Summer Institute
Workshop on

Exchange Rate Modelling:
Where Do We Stand?

Venice International University,
San Servolo, 13-14 July. 2002