Workshop “Dollarization in Emerging Countries: History, Current Dilemmas and Perspectives”
On May 20 and 21, 2021, the BCRA organized the Workshop “Macroeconomic Models for Small and Open Economies”, in which academics and representatives of central banks and international organizations participated. DSGE models, Consistent Stock-Flow (SFC), Supermultiplier type, dual economy and Kaldorian-inspired, constrained by the balance of payments, were presented.
Program
Thursday, March 4
10:15 – 10:05 | Opening remarks
Germán Feldman, Deputy General Manager of Economic Research, BCRA.
10:05 – 11:00 | Dollarization, Risks to Financial Stability, and Monetary Policy Implementation: Exploring the Connections
Alexander Morozov, Director of the Department of Research and Forecasting. Bank of Russia.
11:05 -12:00 | 21 Years of Dollarization in Ecuador – Lessons and Perspectives
Marco Santiago Segovia Larrea, National Directorate of Macroeconomic Synthesis. Central Bank of Ecuador.
12:05 – 12:35 | Aggregates Divisia and demand for money in Paraguay
Luis Antonio Molinas Sosa, Researcher. Central Bank of Paraguay.
Friday, March 5
10:15 – 10:05 | Opening remarks
Miguel Ángel Pesce, President, BCRA.
10:05 – 11:00 | Financial dollarization in Argentina
Eduardo Ariel Corso, Deputy Manager of Macrofinancial Models, BCRA.
11:05 -12:00 | Dollarization and De-dollarization in Peru
Adrián Armas, Central Manager of Economic Studies. Central Reserve Bank of Peru.
12:05 – 12:10 | Closing remarks
Germán Feldman, Deputy General Manager of Economic Research, BCRA.