Preliminary program: - How Do Business Cycles become Global? Common Shocks or Spillovers? - Asian-Pacific Financial Market Interactions with the U.S. and China: A Structural VAR Approach - Foreign Bank Subsidiaries' Default Risk during the Global Crisis: What Factors Help Insulate Affiliates...

The aim of the workshop is to discuss new challenges brought forward by the recent financial crisis and by the sluggish recovery in labor markets experienced by several countries. Topics: - economic recovery following boom-bust episodes - the impact on business cycles and economic policy of...