Session Chairs:

Jean Sepulveda-Umanzor, Universidad del Desarrollo

Papers:

"Bias, Efficiency, and Affiliation Effects in Professional Macroeconomic Forecasts"
Robert C. Dolan, University of Richmond (Contact Author)
Jerry L. Stevens, University of Richmond

"The Relationship Between Macroeconomic Uncertainty and the Expected Performance of the Economy"
Jean Sepulveda-Umanzor, Universidad del Desarrollo (Contact Author)

"Does the Social Discount Rate Necessarily Decrease as the Horizon Increases? A Counter Example"
James Peery Cover, University of Alabama

"A Semi-Nonparametric Model of the Pricing Kernel and Bond Yields: Univariate and Multivariate Analysis"
Yuriy Kitsul, Georgia State University (Contact Author)

Discussants:

Michael C. Davis, University of Missouri - Rolla
Stefan Krause, Emory University

Session Chairs:

William Miles, Wichita State University

Papers:

"Real Rigidities and Optimal Exchange Rate Policy"
William D. Craighead, Miami University (Contact Author)

"Fixed Exchange Rates and Disinflation in Emerging Markets: How Large is the Effect"
Aaron L. Jackson, Bentley College
William Miles, Wichita State University (Contact Author)

"Can Devaluations Be Contractionary? The Role of Liability Dollarization and Imperfect Competition in Banking"
Alina C. Luca, Drexel University
Maria Pia Olivero, Drexel University (Contact Author)

Discussants:

David Y. Chen, North Carolina A&T State University
Jerry L. Stevens, University of Richmond

Session Chairs:

David Y. Chen, North Carolina A&T State University

Papers:

"Bond Holdings Cost in International Borrowings"
Levent Bulut, University of Houston (Contact Author)

"Volatility Spillover Effects on Government Bond Yield Spreads in Euro Zone"
Faruk Balli, University of Houston (Contact Author)

"Monetary Policy and Foreign Governments' Official Reserves"
David Y. Chen, North Carolina A&T State University (Contact Author)

"Time Variation in Short-Term Global Equity Correlations"
John M. Clinebell, University of Northern Colorado
Douglas R. Kahl, University of Akron
Jerry L. Stevens, University of Richmond (Contact Author)

"A Dynamic Analysis of the Relationship Between the Stock Market and the U.S. Current Account Deficit"
Rajeev Sooreea, Pennsylvania State University - Altoona
Mark Wheeler, Western Michigan University (Contact Author)

Discussants:

David Y. Chen, North Carolina A&T State University
Jocelyn D. Evans, College of Charleston