Economic Fluctuations and Growth Program Meeting
Organized by Corina Boar and Giovanni L. Violante
October 24, 2025
Federal Reserve Bank of New York, 33 Liberty Street, New York, NY
Format: 20 minutes each for the author, discussant, and general discussion.

Thursday, October 23

6:30 pm

Group Dinner at Trinity Place, 115 Broadway, New York, NY

Friday, October 24

8:30 am

Continental Breakfast

9:00 am

The Tariff Tax Cut: Tariffs as Revenue

George A. Alessandria, University of Rochester and NBER
Shafaat Y. Khan, Syracuse University
Carter B. Mix, Federal Reserve Board of Governors
Jiaxiaomei Ding, University of Rochester

Discussant:
Michael E. Waugh, Federal Reserve Bank of Minneapolis and NBER

10:00 am

Break

10:15 am

Unlocking Mortgage Lock-In: Evidence From a Spatial Housing Ladder Model

Julia Fonseca, University of Illinois Urbana-Champaign
Lu Liu, University of Pennsylvania
Pierre Mabille, INSEAD

Discussant:
Kurt Mitman, CEMFI

11:15 am

Break

11:30 am

Robinson Meets Roy: Monopsony Power and Comparative Advantage

Mark Bils, University of Rochester and NBER
Bariş Kaymak, Federal Reserve Bank of Cleveland
Kai-Jie Wu, Pennsylvania State University

Discussant:
David W. Berger, Duke University and NBER

12:30 pm

Lunch

1:30 pm

The Austerity Threshold

Vadim Elenev, Johns Hopkins University
Tim Landvoigt, University of Pennsylvania and NBER
Stijn Van Nieuwerburgh, Columbia University and NBER

Discussant:
Ludwig Straub, Harvard University and NBER

2:30 pm

Break

2:45 pm

Job Transformation, Specialization, and the Labor Market Effects of AI

Lukas Freund, Boston College
Lukas Friedrich Mann, Arizona State University

Discussant:
Ilse Lindenlaub, Yale University and NBER

3:45 pm

Break

4:00 pm

A Theory of Endogenous Degrowth and Environmental Sustainability

Philippe Aghion, Collège de France
Timo Boppart, IIES, Stockholm University
Michael Peters, Yale University and NBER
Matthew Schwartzman, University of Michigan
Fabrizio Zilibotti, Yale University and NBER

Discussant:
Karthik Sastry, Princeton University and NBER

5:00 pm

Adjourn