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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

DEVELOPMENT OF THE AMERICAN ECONOMY PROGRAM MEETING

Claudia Goldin, Organizer

 

February 27, 2010

 

NBER  Offices,

Martin Feldstein Conference Room, 2nd Floor

1050 Massachusetts Avenue

Cambridge, MA 02138

 

PROGRAM

 

FRIDAY, FEBRUARY 26:

 

 

7:00 pm

Dinner

 

Legal Sea Foods

 

Kendall Square

 

5 Cambridge Center

 

Cambridge, MA

 

 

SATURDAY, FEBRUARY 27:

 

 

8:00 am

Shuttle Van Departs the Royal Sonesta for NBER

 

 

8:20 am

Continental Breakfast

 

 

8:40 am

NATHAN NUNN, Stanford University and NBER

 

WILLIAM EASTERLY, New York and NBER

 

DANIEL BERGER and SHANKER SATYANATH, New York University

 

Commercial Imperialism? Political Influence and Trade during the Cold War

 

 

9:40 am

Break

 

 

9:50 am

MORITZ SCHULARICK, Free University of Berlin

 

ALAN M. TAYLOR, UC, Davis and NBER

 

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870 to 2008

 

 

10:50 am

Break

 

 

11:00 am

Housing Markets, Mortgage Markets, and Financial Crises

 

Introductory Remarks by: EFFI BENMELECH and CLAUDIA GOLDIN, Harvard University and NBER

 

 

 

Housing Markets and Mortgage Markets: Then and Now

 

Brief presentations by:

 

EUGENE WHITE, Rutgers University and NBER

 

Lessons from the Great American Real Estate Boom and Bust of the 1920s

 

KENNETH SNOWDEN, UNC, Greensboro     

 

The Anatomy of a Residential Mortgage Crisis: A Look Back to the 1930s

 

 

12:20 pm

Lunch

 

 

1:00 pm

Government Intervention in Mortgage and Housing Markets: Then and Now

 

Brief presentations by:

 

PRICE FISHBACK, University of Arizona and NBER

 

The Influence of the Home Owners’ Loan Corporation on Housing Markets During the 1930s

 

 

 

JONATHAN ROSE, Federal Reserve Board (background papers 1 and 2)

 

Followed by general discussion

 

 

2:20 pm

Break

 

 

2:30 pm

WERNER TROESKEN, University of Pittsburgh and NBER

 

The Elasticity of Demand with Respect to Product Failures; or Why the Market for Quack Medicines Flourished for More Than 150 years

 

 

3:30 pm

Break

 

 

3:40 pm

ZEYNEP K. HANSEN, Boise State University and NBER

 

GARY D. LIBECAP, UC, Santa Barbara and NBER

 

Climate Variability and Water Infrastructure: Historical Experience in the  Western United States

 

 

4:40 pm

Adjourn

 

 

2/24/10