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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

The Economics of Asset Accumulation and Poverty Traps

Christopher B. Barrett, Michael Carter and Jean-Paul Chavas, Organizers

June 28-29, 2016

The Almas Conference Center (Adjacent to the Hotel)
Oasis Room-Almas Temple
1315 K Street, NW,
Washington, DC 20005

PROGRAM

Tuesday, June 28
	Coffee and pastries 7:30-8:00-Sphinx Dining Room
Mechanism 1: Nutrition, Health and Human Capital Formation 8:00-10:00
1	Duncan Thomas, Duke University and NBER (40 min) Elizabeth Frankenberg, Duke University and NBER Shocks and Nutrition, Health and Human Capital
2	Heather Schofield, University of Pennsylvania (40 min) Frank N. Schilbach, Massachusetts Institute of Technology Emma Boswell Dean, University of Pennsylvania Poverty and Cognitive Function Discussant: John F. Hoddinott, Cornell University (10 min presentation by discussant, 30 min discussion) Coffee break: 10:00-10:30- Sphinx Dining Room
Mechanism 2: Psychology of Poverty, Hope and Aspirations 10:30-12:30
3	Johannes Haushofer, Princeton University (40 min) Jonathan de Quidt, Institute for International Economic Studies Depression for Economists
4	Bruce Wydick, University of San Francisco (40 min) Travis Lybbert, University of California at Davis Poverty, Aspirations, and the Economics of Hope: A Framework for Study with Preliminary Results from the Oaxaca Hope Project Discussant: Rachid Laajaj, University of Los Andes (10 min presentation by discussant, 30 min discussion) LUNCH:12:30-1:30- Sphinx Dining Room
Mechanism 3: Imperfect and Incomplete Financial Markets 1:30-3:30
5	Joseph P. Kaboski, University of Notre Dame and NBER (40 min) Francisco J. Buera, Federal Reserve Bank of Chicago Yongseok Shin, Washington University in St. Louis and NBER Taking Stock of the Evidence on Micro-Financial Interventions
6	Michael Carter, University of California at Davis and NBER (40 min) Munenobu Ikegami, International Livestock Research Institute Christopher B. Barrett, Cornell University Poverty Traps and the Social Protection Paradox Discussant Stephen Smith, George Washington University (10 min presentation by discussant, 30 min discussion)
Coffee Break 3:30-4:00
Mechanism 4: Dynamics and Resilience in Natural Resources and Agriculture 4:00-6:00
7	Paulo Santos, Monash University (40 min) Christopher Barrett, Cornell University Heterogeneous Wealth Dynamics: The Role of Risk and Ability
8	Jean-Paul Chavas, University of Wisconsin (40 min) Agro-Ecosystem Productivity and the Dynamic Response to Shocks Discussant: Edward Barbier, University of Wyoming (10 min presentation by discussant, 30 min discussion) Wednesday, June 29 Coffee and pastries 8:30-9:00- Sphinx Dining Room
Policy in the Presence of Poverty Trap Mechanisms 9:00-11:40
9	Karen Macours, Paris School of Economics (40 min) Renos Vakis, The World Bank Medium-term Impacts of a Productive Safety Net on Aspirations and Human Capital Investments
10	Norbert Schady, Inter-American Development Bank (40 min) Caridade Araujo, Inter-American Development Bank Mariano Bosch, Inter-American Development Bank Cash Transfers and Poverty Traps: A Tale of Two Generations
11	Oriana Bandiera, London School of Economics (40 min) Narayan Das, BRAC University Selim Gulesci, Bocconi University Imran Rasul, University College London Labor Markets and Poverty in Village Economies Discussant: Maitreesh Ghatak, London School of Economics(25 min presentation by discussant, 30 min discussion)
	LUNCH 12:00-1:30 -Sphinx Dining Room Lunch Speaker: Makhtar Diop, The World Bank
	Policy Implications Roundtable 1:30-3:00 Kaushik Basu, The World Bank (10 min) Greg Collins, USAID (10 min) Abebe Shimeles, African Development Bank (10 min) Discussion (50 min)
3:00 pm	Adjourn