Economic Analysis of Regulation
Organized by Craig Garthwaite and Steve Cicala
Supported by the Smith Richardson Foundation
May 1, 2025
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA
Format: 25 minutes for presentations, 10 minutes for discussants, followed by 10 minutes of Q&A

Thursday, May 1

8:30am

Continental Breakfast

9:00am

Why Has Construction Productivity Stagnated? The Role of Land-Use Regulation

Leonardo D'Amico, Harvard University
Edward L. Glaeser, Harvard University and NBER
Joseph Gyourko, University of Pennsylvania and NBER
William R. Kerr, Harvard University and NBER
Giacomo A.M. Ponzetto, Center for Research in International Economics

Discussant:
Jeffrey Zabel, Tufts University

9:45am

Contagious Deregulation (slides)

Joseph Kalmenovitz, University of Rochester
Jakub Hajda, HEC Montreal
Billy Xu, University of Rochester

Discussant:
Thomas G. Wollmann, University of Chicago and NBER

10:30am

Break

10:45am

Digital Advertising and Market Structure: Implications for Privacy Regulation (slides)

Daniel Deisenroth, Meta Platforms, Inc
Utsav Manjeer, Meta Platforms, Inc
Zarak Sohail, University of California, Irvine
Steven Tadelis, University of California, Berkeley and NBER
Nils Wernerfelt, Northwestern University

Discussant:
Ginger Zhe Jin, University of Maryland, College Park and NBER

11:30am

Price Controls with Imperfect Competition and Choice Frictions: Evidence from Indian Pharmaceuticals

Harsh Gupta, Stanford University
Shengmao Cao, Northwestern University

Discussant:
Luca Maini, Harvard University

12:15 pm

Lunch, Parkview Room

1:15pm

The Long-Run Impacts of Regulated Price Cuts: Evidence from Medicare

Yunan Ji, Georgetown University and NBER
Parker Rogers, Indiana University

1:45pm

Product Safety Standards and Technological Innovation: Evidence from the 1968 Radiation Control

Yiyu Xing, University of California, Los Angeles

2:15pm

Regulation and Diffusion of Innovation Under Information Spillovers: The Case of New Medical Procedures

Riley League, University of Illinois Urbana-Champaign and NBER

2:45pm

Learning from Failure: The Role of Disclosure on Innovation

Menghan Wang, The University of Hong Kong (HKU)

3:15pm

Break

3:30pm

Personnel is Policy: Ideology and Political Misalignment in the Rulemaking Process (slides)

Luca Bellodi Massimo Morelli, Bocconi University
Jorg L. Spenkuch, Northwestern University and NBER
Edoardo Teso, Northwestern University and NBER
Matia Vannoni, King's College London
Guo Xu, University of California, Berkeley and NBER

Discussant:
Silvia Vannutelli, Northwestern University and NBER

4:15pm

Size-Based Environmental Regulation: Evidence from Major Clean Air Act Thresholds

Bora Ozaltun, University of California, Berkeley
Joseph S. Shapiro, University of California, Berkeley and NBER
Reed Walker, University of California, Berkeley and NBER

Discussant:
Anna Russo, Harvard University

5:00pm

Adjourn