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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SI 2016 Aggregate Implications of Micro Consumption Behavior  

Orazio Attanasio, Christopher Carroll, and José-Víctor Ríos-Rull, Organizers

July 18-22, 2016

Royal Sonesta Hotel
Longfellow Room
40 Edwin H. Land Blvd.
Cambridge, MA

PRELIMINARY PROGRAM

Monday, July 18
8:30 am	Coffee and Pastries
9:00 am	Aaron Hedlund, University of Missouri Fatih Karahan, Federal Reserve Bank of New York Kurt Mitman, Institute for International Economic Studies Serdar Ozkan, University of Toronto Monetary Policy, Heterogeneity, and the Housing Channel
9:45 am	Stefania Albanesi, Ohio State University Giacomo De Giorgi, Federal Reserve Bank of New York Jaromir Nosal, Boston College Credit Growth and the Financial Crisis: A New Narrative
10:30 am	Break
10:45 am	Kartik Athreya, Federal Reserve Bank of Richmond Jose Mustre-del-Rio, Federal Reserve Bank of Kansas City Juan Sanchez, Federal Reserve Bank of St. Louis Financial Distress: Incidence, Persistence, and Policy
11:30 am	Dirk Krueger, University of Pennsylvania and NBER Kurt Mitman, Institute for International Economic Studies Fabrizio Perri, Federal Reserve Bank of Minneapolis Macroeconomics and Household Heterogeneity
12:15 pm	Lunch and adjourn
Tuesday, July 19
8:30 am	Coffee and Pastries
9:00 am	Orazio Attanasio, University College London and NBER Kieran Larkin, University College London Morten Ravn, University College London (S)Cars during the Great Recession
9:45 am	John Mondragon, Northwestern University Household Credit and Employment in the Great Recession
10:30 am	Break
10:45 am	Aaron Hedlund, University of Missouri Carlos Garriga, Federal Reserve Bank of St. Louis Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession
11:30 am	Marcus Hagedorn, University of Olso Iourii Manovskii, University of Pennsylvania and NBER Kurt Mitman, Institute for International Economic Studies The Fiscal Multiplier
12:15 pm	Lunch and Adjourn
Wednesday, July 20
8:30 am	Coffee and Pastries
9:00 am	Arpad Abraham, European University Institute Sarolta Laczo, University of Surrey Household Behaviour and Optimal Property Division upon Divorce
9:45 am	Hamish Low, University of Cambridge Costas Meghir, Yale University and NBER Luigi Pistaferri, Stanford University and NBER Alessandra Voena, University of Chicago and NBER Marriage, Social Insurance and Labor Supply
10:30 am	Break
10:45 am	David Wiczer, Federal Reserve Bank of St. Louis Amanda Michaud, Indiana University The Disability Option: Labor Market Dynamics with Macroeconomic and Health Risks
11:30 am	Richard Crump, Federal Reserve Bank of New York Stefano Eusepi, Federal Reserve Bank of New York Andrea Tambalotti, Federal Reserve Bank of New York Giorgio Topa, Federal Reserve Bank of New York Subjective Intertemporal Substitution
12:15 pm	Lunch and Adjourn
6:00 pm	Clambake at the Royal Sonesta Hotel
Thursday, July 21
8:30 am	Coffee and Pastries
9:00 am	Michael Barnett, University of Chicago Vasia Panousi, Federal Reserve Board Shanthi Ramnath, US Department of the Treasury Covariance Structure of Household Income
9:45 am	Mariacristina De Nardi, Federal Reserve Bank of Chicago and NBER Giulio Fella, Queen Mary University of London Gonzalo Paz Pardo, University College London The Implications of Richer Earnings Dynamics for Consumption and Wealth
10:30 am	Break
10:45 am	Andreas Fagereng, Statistics Norway Luigi Guiso, Einaudi Institute for Economics and Finance Davide Malacrino, Stanford University Luigi Pistaferri, Stanford University and NBER Heterogeneity and Persistence in Returns to Wealth
11:30 am	Anisha Ghosh, Carnegie Mellon University Income Versus Consumption Inequality: The Role of Time-Varying Higher Moments
12:15 pm	Lunch and Adjourn
Friday, July 22
8:30 am	Coffee and Pastries
9:00 am	Peter Ganong, Harvard University Pascal Noel, Harvard University How Does Unemployment Affect Consumer Spending?
9:45 am	Kyle Herkenhoff, University of Minnesota Gordon Phillips, Dartmouth College and NBER Ethan Cohen-Cole, University of Maryland The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship
10:30 am	Break
10:45 am	Andrew Glover, University of Minnesota Jake Short, University of Western Ontario The Life-Cycle Distribution of Earnings and the Decline in Labor’s Share
11:30 am	Scott Fulford, Boston College Scott Schuh, Federal Reserve Bank of Boston Consumer Revolving Credit and Debt over the Life Cycle and Business Cycle
12:15 pm	Lunch and Adjourn