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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

International Comparisons of Income, Prices, and Production

Alberto Cavallo and Robert Feenstra, Organizers

May 27-28, 2016

MIT Sloan School of Management
100 Main Street, Building E62
Room E62-550 on the 5th floor.
Cambridge, MA

Program

 

Thursday, May 26

9 am-4:15 pm

All ICIPP participants are invited to attend the World Bank ICP “Meeting on Poverty PPPs and PPP Research Agenda” at MIT Sloan. Preliminary agenda.

6:45 pm

Welcome dinner at Catalyst Restaurant sponsored by the World Bank
Alberto Cavallo will meet participants at the Marriott Hotel lobby at 6:30 pm.  The Restaurant is located at 300 Technology Square, a five minute walk from the hotel.

Friday, May 27

8:30 am

Alberto Cavallo will meet participants at the Marriot hotel lobby and walk with them to the MIT Sloan building E62, 100 Main Street in Cambridge. The conference will take place in room E62-550 on the 5th floor.

8:30 am

Coffee and pastries

Session I: Poverty and Cost of Living
Chair:  Alberto Cavallo, Massachusetts Institute of Technology and NBER

9:00 am

Robert C. Allen, New York University Abu Dhabi
Absolute Poverty: When Necessity Displaces Desire

Discussant: Robert Inklaar, University of Groningen

10:00 am

Break

10:15 am

Stephen J. Redding, Princeton University and NBER
David Weinstein, Columbia University and NBER
A Unified Approach to Estimating Demand and Welfare

Discussant: Robert C. Feenstra, University of California at Davis and NBER

11:15 am

Break

11:30 am

Ingvild Almås, IIES
Timothy Beatty, University of California, Davis
Thomas Crossley, Essex University
Lost in Translation: What do Engel Curves Tell Us About the Cost of Living?


Discussant: Alicia Rambaldi, The University of Queensland

12:30 pm

Lunch

Session II: Prices Within and Between Countries
Chair:  Marcel Timmer, University of Groningen

1:30 pm

Yuriy Gorodnichenko, University of California at Berkeley and NBER
Viacheslav Sheremirov, Federal Reserve Bank of Boston
Oleksandr Talavera, University of Sheffield
Price Setting in Online Markets: Does IT Click?

Discussant: Alberto Cavallo, Massachusetts Institute of Technology and NBER

2:30 pm

Break

2:45 pm

Robert C. Feenstra, University of California at Davis and NBER
Mingzhi Xu, University of California at Davis
Alexis Antoniades, Georgetown University
John Romalis, The University of Sydney and NBER
What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities

Discussant: Prasada Rao, University of Queensland

3:45 pm

Break

4:00 pm

Brent Neiman, University of Chicago and NBER
Jonathan Eaton,
Pennsylvania State University and NBER

Samuel Kortum, Yale University and NBER
Obstfeld and Rogoff's International Macro Puzzles: A Quantitative Assessment

Discussant:
Oleksandr Talavera, University of Sheffield

5:00 pm

Adjourn

6:30 pm

Dinner at MIT’s Sanberg Conference Center, 7th floor of building E52, 50 Memorial Drive (next door to the building where the conference takes place).

Saturday, May 28

9:00 am

Coffee and pastries

Session III: Output and Capital
Chair:  Robert C. Feenstra, University of California at Davis and NBER

9:30 am

Gholamreza Hajargasht, University of Melbourne
Prasada Rao, University of Queensland
Computation of Standard errors for Purchasing Power Parity (PPP) Exchange Rates from the International Comparison Program (ICP)

Discussant: Fred Vogel, The World Bank

10:30 am

Break

10:45 am

Mario J. Crucini, Vanderbilt University and NBER
Globalization Boom and Bust: A Study of US Automobile Exports from 1913 to 1940

Discussants:
Alan Heston, University of Pennsylvania, Emeritus and Bettina Atten, Bureau of Economic Analysis

11:45 am

Break

12:00 noon

Robert C. Feenstra, University of California at Davis and NBER
Robert Inklaar, University of Groningen
Marcel Timmer, University of Groningen
Penn World Table: version 9.0 and beyond

12:30 pm

Lunch

Session IV: Methods for Prices, Productivity , and Housing
Chair: Alberto F. Cavallo, Massachusetts Institute of Technology and NBER

1:30 pm

Ina Simonovska, University of California at Davis and NBER
Joel David, University of Southern California
Espen Henriksen, University of California at Davis
The Risky Capital of Emerging Markets

Discussant: Hyunseung Oh, Vanderbilt University

2:30 pm

Break

2:45 pm

W. Erwin Diewert, University of British Columbia and NBER
Robert Inklaar, University of Groningen
Measuring Industry Productivity across Time and Space and Cross Country Convergence

Discussant: Robert Hill, University of Graz

3:45 pm

Break

4:00 pm

Robert Hill, University of Graz
Miriam Steurer, University of Graz
Michael Scholz, University of Graz
The Treatment of Owner Occupied Housing in the CPI and its Implications for Monetary Policy

Discussant: W. Erwin Diewert, University of British Columbia and NBER

5:00 pm

Adjourn

6:00 pm

Dinner at Beacon Hill Bistro in Beacon Hill. The restaurant is at 25 Charles St. in Boston, a 15-20 minute walk from the hotel, across the river

 

Patsy Thompson (pthomps@mit.edu) and John Tracey-Ursprung (jtracey@mit.edu) are assisting with the conference, dinners, and other events that take place at MIT. Please contact them in case you have any questions about the general logistics of the event