NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

SUMMER INSTITUTE 2010

 

Aggregate Implications of Microeconomic Consumption Behavior Workshop

 

July 19 - 23, 2010

 

Orazio Attanasio, Christopher Carroll, and Jose-Victor Rios-Rull, Organizers

 

Royal Sonesta Hotel
Charles Suite AB

40 Edwin H. Land Blvd.

Cambridge, MA

 

PROGRAM

 

MONDAY, JULY 19: 

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

Claudia Sahm, Federal Reserve Board

 

Matthew Shapiro and Joel Slemrod, University of Michigan and NBER

 

Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?

 

 

9:45 am

Kathleen Johnson, Karen Pence, and Daniel Vine, Federal Reserve Board

 

New Vehicle Sales and Credit Supply Shocks: What Happened in 2008?

 

 

10:30 am

Break

 

 

10:45 am

Shanjun Li and Chao Wei, George Washington University

 

To Scrap or Not to Scrap: A Dynamic Discrete Choice Model of Vehicle Scrappage

 

 

11:30 am

Jonathan Huntley and Valentina Michelangeli, Congressional Budget Office

 

Tax Rebates and Fiscal Multipliers

 

 

12:15 pm

Lunch and Adjourn

 

 

TUESDAY, JULY 20:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

Jonathan Heathcote, Federal Reserve Bank of Minneapolis

 

Dirk Krueger, University of Pennsylvania and NBER

 

Jose-Victor Rios-Rull, University of Minnesota and NBER

 

Are Recessions Good for Young People?

 

 

9:45 am

Kamila Sommer, Georgetown University

 

Paul Sullivan and Randal Verbrugge, Bureau of Labor Statistics

 

Run-Up in the House Price-Rent Ratio: How Much Can Be Explained by Fundamentals?

 

 

10:30 am

Break

 

 

10:45 am

Satyajit Chatterjee, Federal Reserve Bank of Philadelphia

 

Burcu Eyigungor, Koc University

 

Foreclosures and House Price Dynamics: A Quantitative Analysis of the Mortgage Crisis and the Foreclosure Prevention Policy

 

 

11:30 am

Makoto Nakajima, Federal Reserve Bank of Philadelphia

 

Irina Telyukova, UC, San Diego

 

Home Equity Withdrawal in Retirement

 

 

12:15 pm

Lunch and Adjourn

 

 

WEDNESDAY, JULY 21:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

Daniel Barth and Stephen Shore, Johns Hopkins University

 

Shane Jensen, University of Philadelphia

 

Identifying Idiosyncratic Career Taste and Skill with Income Risk

 

 

9:45 am

Rui Castro, University of Montreal

 

Daniele Coen-Pirani, Carnegie Mellon University

 

Public Policy, Technological Change, and the Evolution of Educational Attainment

 

 

10:30 am

Break

 

 

10:45 am

Alessandra Voena, Stanford University

 

Yours, Mine and Ours: Do Divorce Laws affect the Intertemporal Behavior of Married Couples?

 

 

11:30 am

Stefania Albanesi, Columbia University and NBER

 

Claudia Olivetti, Boston University and NBER

 

Maternal Health and the Baby Boom

 

 

12:15 pm

Lunch and Adjourn

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

 

 

THURSDAY, JULY 22:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

Bradley Heim, U.S. Treasury

 

Vasia Panousi and Ivan Vidangos, Federal Reserve Board

 

Rising Inequality: Transitory or Permanent? New Evidence from a Panel of U.S. Tax Returns 1987-2006

 

 

9:45 am

Mark Aguiar and Mark Bils, University of Rochester and NBER

 

Has Consumption Inequality Mirrored Income Inequality

 

 

10:30 am

Break

 

 

10:45 am

Christopher Carroll, Johns Hopkins University and NBER

 

Kiichi Tokuoka, Johns Hopkins University

 

A Benchmark Model of Wealth Inequality in a Buffer Stock/Krusell-Smith World

 

 

11:30 am

Marek Kapicka, UC, Santa Barbara

 

Paul Klein, Stockholm University

 

Consumption risk sharing under private information when earnings are persistent

 

 

12:15 pm

Lunch and Adjourn

 

 

FRIDAY, JULY 23:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

Christos Koulovatianos, University of Nottingham

 

Ulrich Schmidt and Carsten Schroder, University of Kiel

 

Confronting the Representative Consumer with Household-size Heterogeneity

 

 

9:45 am

Cristina Barcelo and Ernesto Villanueva, Bank of Spain

 

The Response of Household Wealth to the Risk of Losing the Job: Evidence from Differences in Firing Costs

 

 

10:30 am

Break

 

 

10:45 am

Marcos Chamon, IMF

 

Kai Liu, Johns Hopkins University

 

Eswar Prasad, Cornell University and NBER

 

Income Uncertainty and Household Savings in China

 

 

11:30 am

Stephane Pallage, University of Quebec

 

Christian Zimmermann, University of Connecticut

 

Unemployment Benefits vs. Unemployment Accounts: A Quantitative Exploration

 

 

12:15 pm

Lunch and Adjourn

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6/2/10