## 79th Meeting Carnegie-Rochester-NYU Conference on Public Policy

"Globalization and the Business Cycle"

**Conference Papers:**

- ["Trade, Inventories, and the International Propagation of Business Cycles"](/sites/default/files/assets/documents/con_041665.pdf)
George Alessandria, Joseph Kaboski, and Virgiliu Midrigan
Discussant: Sam Kortum ---
- ["Exchange Rate Pass-Through and Credit Constraints: Firms Price to Market as Long as They Can"](/sites/default/files/assets/documents/con_041667.pdf)

Discussant: David E. Wildasin ---
- ["The American Recovery and Reinvestment Act: Solely a Government Jobs Program?](/sites/default/files/assets/documents/con_041668.pdf)
Timothy G. Conley and Bill Dupor
Discussant: Henning Bohn ---
- ["The Impact of Unions on Municipal Elections and Fiscal Policies in US Cities](/sites/default/files/assets/documents/con_041669.pdf)
Holger Sieg and Yu Wang
Discussant: Laura Feiveson ---
- ["Vertical Fiscal Imbalances and Fiscal Performance in Advanced Economics](/sites/default/files/assets/documents/con_041670.pdf)
Luc Eyraud and Lusine Lusinyan
Discussant: Daniele Coen Pirani ---
- ["Tax-Subsidized Underpricing: Issuers and Underwriters in the Market for Build America Bonds](/sites/default/files/assets/documents/con_041673.pdf)
Dario Cestau, Richard Green, and Norman Schurhoff
Discussant: Erik R. Sirri ---