Friday, February 26

Break

The format for each paper will be a 15-minute presentation by the author, followed by one 20-minute discussion, and then another 15 minutes of general audience discussion

11:00 am

Outsourcing, Inequality and Aggregate Output

Adrien Bilal, Stanford University and NBER
Hugo Lhuillier, University of Chicago

Discussant:
Katarína Borovičková, Federal Reserve Bank of Richmond

11:50 am

Break

11:55 am

Cheap Thrills: The Price of Leisure and the Global Decline in Work Hours

Alexandr Kopytov, University of Rochester
Nikolai Roussanov, University of Pennsylvania and NBER
Mathieu Taschereau-Dumouchel, Cornell University

Discussant:
Alessandra Fogli, Federal Reserve Bank of Minneapolis

12:45 pm

Break

1:15 pm

The Investment Network, Sectoral Comovement, and the Changing U.S. Business Cycle (slides)

Christian vom Lehn, Brigham Young University
Thomas Winberry, University of Pennsylvania and NBER

Discussant:
Elisa Rubbo, University of Chicago and NBER

2:05 pm

Break

2:10 pm

Latent Heterogeneity in the Marginal Propensity to Consume

Daniel Lewis, University College London
Davide Melcangi, Federal Reserve Bank of New York
Laura Pilossoph, Duke University and NBER

Discussant:
Elena Manresa, New York University

3:00 pm

Break/ Meet on Wonder platform for social interactions

3:30 pm

The Constraint on Public Debt when R < G but G < M

Discussion Slides

Comments

Ricardo Reis, London School of Economics

Discussant:
John H. Cochrane, Stanford University and NBER

4:20 pm

Break

4:25 pm

Fifty Shades of QE: Comparing Findings of Central Bankers and Academics

Discussion Slides

Brian Fabo, National Bank of Slovakia
Martina Jančoková, European Central Bank
Elisabeth Kempf, Harvard University and NBER
Lubos Pastor, University of Chicago and NBER

Discussant:
Annette Vissing-Jorgensen, Federal Reserve Board of Governors and NBER

5:15 pm

Adjourn