In much of economic analysis, market power is assumed away and interactions between firms and consumers are analyzed in a hypothetical situation of perfect competition. Often, this merely serves as a first step in the analysis or it provides a welfare benchmark. Market power is then introduced...

The idea of the conference is to bring together economists who have recently contributed new research on the interlinkages between current account imbalances and financial factors.

The organizers welcome submissions of a theoretical or empirical nature related to the theme of the conference. Suitable topics include (but are not limited to): - Dynamic general equilibrium models with financial intermediaries - Financial intermediaries and boom-bust cycles - Bank capital and...

Topics: quantitative measures the degree of cross-country risk sharing, and of the gains from risk sharing, based on micro and macro data; determinants of the degree of risk sharing; comparisons between interregional and international risk sharing; portfolio choices and international risk...