Is Free Trade Still Optimal in the 21st Century?

A Conference Celebrating

Rachel McCulloch

Rosen Family Professor of International Finance &

Chair, Department of Economics

Brandeis University

June 15, 2007

Program

(Chad P. Bown, Organizer)

7:45AM	Transportation provided from Doubletree Hotel (Waltham) to International Business School, Brandeis University
8:00AM	Coffee and Breakfast (World Court, Lemberg Building, Brandeis)
8:45AM	Welcoming Remarks (Lee Hall, Lemberg Building, Brandeis) MARTY WYNGAARDEN KRAUSS, Provost and Senior Vice President for Academic Affairs and John Stein Professor of Disability Research, Brandeis University
9:00AM	Session I: Trade, FDI and Gravity (Lee Hall, Lemberg Building, Brandeis) Moderator: CHAD P. BOWN, Brandeis University Gravity, Productivity and the Pattern of Production and Trade JAMES A. ANDERSON, Boston College and NBER A Knowledge-and-Physical-Capital Model of International Trade Flows, Foreign Direct Investment, and Multinational Enterprises JEFFREY BERGSTRAND, University of Notre Dame (with Peter Egger)
10:15AM	BREAK
10:45AM	Session II: More Trade and FDI (Lee Hall, Lemberg Building, Brandeis) Moderator: PATRICIA TOVAR, Brandeis University Trade in Services by U.S. Multinational Firms CATHERINE MANN, Brandeis University and Peterson Institute (with Brad Jensen) FDI effects of ASEAN Economic Integration MICHAEL PLUMMER and DAVID CHEONG, Johns Hopkins University/SAIS
12:00PM	Luncheon and Distinguished Panel Discussion (World Court, Lemberg Building, Brandeis) The State of the Global Economy/Current International Economic Policy Moderator: PETER PETRI, Brandeis University ANNE KRUEGER, Johns Hopkins University/SAIS MICHAEL MUSSA, Peterson Institute JANET YELLEN, Federal Reserve Bank of San Francisco
1:45PM	Break
2:15PM	Session III: Topics in International Economic Policy (Lee Hall, Lemberg Building, Brandeis) Moderator: ROBERT STERN, University of Michigan Are Second-Best Tariffs Good Enough? ALAN DEARDORFF, University of Michigan Current Account Adjustment: Some New Theory and Evidence SHANG-JIN WEI, International Monetary Fund and NBER (with Jiandong Ju)
3:30PM	Coffee Break
4:00PM	Session IV: Political Economy of Trade (Lee Hall, Lemberg Building, Brandeis) Moderator: DOUGLAS IRWIN, Dartmouth College Service Trade Liberalization: Some Political Economy Considerations K.C. FUNG, University of California, Santa Cruz (with Alan Siu) Globalization and Recent U.S. Inequality ROBERT Z. LAWRENCE, Harvard University, Peterson Institute and NBER
5:15	Break
6:00	Cocktails (at The Faculty Club, Brandeis)
7:00	Dinner (at The Faculty Club, Brandeis)
9:00	(approx) At the conclusion of dinner, transportation will be provided from Brandeis University back to the Doubletree Hotel (Waltham)

Saturday, 16 June

8:00-10:00AM If your schedule permits, stop by the Doubletree Hotel in Waltham for breakfast with Rachel before you leave for the airport

Instructions for authors: 30 minutes per paper, to leave 15 minutes in each session for open discussion

Generous financial support has also been provided by Darden Restaurants and the Schulhof Family Foundation.