34th Annual Conference on Macroeconomics
Organized by Martin S. Eichenbaum, Erik Hurst, and Jonathan A. Parker
April 11-12, 2019
Thursday, April 11
3:00 pm

Special Deals with Chinese Characteristics (slides)

Chong-En Bai, Tsinghua University
Chang-Tai Hsieh, University of Chicago and NBER
Zheng Michael Song, The Chinese University of Hong Kong (CUHK)

Discussants:
Maurice Obstfeld, Peterson Institute for International Economics and NBER
Antoinette Schoar, Massachusetts Institute of Technology and NBER
4:30 pm
Break
5:00 pm

Explaining the Rising Concentration of U.S. Industries: Superstars, Intangibles, Globalization or Market Power? (slides)

Matias Covarrubias , New York University
Germán Gutiérrez, University of Washington
Thomas Philippon, New York University and NBER

Discussants:
Janice C. Eberly, Northwestern University and NBER
Chad Syverson, University of Chicago and NBER
6:30 pm
Adjourn
7:00 pm
Group Dinner, Parkview Room
Speaker: James Stock, Harvard University and NBER
Friday, April 12
8:00 am
Continental Breakfast
8:30 am

On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint (slides)

Davide Debortoli, Universitat Pompeu Fabra
Jordi Galí, Center for Research in International Economics and NBER
Luca Gambetti, Universitat Autonoma de Barcelona

Discussants:
Ben S. Bernanke, The Brookings Institution
Mark W. Watson, Princeton University and NBER
10:00 am
Break
10:30 am

Optimal Inflation and the Identification of the Phillips Curve (slides)

Michael McLeay, Bank of England
Silvana Tenreyro, London School of Economics and Political Science (LSE)

Discussants:
Marc P. Giannoni, Barclays Corporate and Investment Bank
Matthew Rognlie, Northwestern University and NBER
12:00 n
Lunch
1:30 pm

The Lost Ones: The Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s (slides)

Margherita Borella, Universita di Torino
Mariacristina De Nardi, University of Minnesota and NBER
Fang Yang, Federal Reserve Bank of Dallas

Discussants:
Richard Blundell, University College London and IFS
Greg Kaplan, University of Chicago and NBER
3:00 pm
Break
3:30 pm

Trading up and the Skill Premium (slides)

Nir Jaimovich, University of California, San Diego and NBER
Sergio Rebelo, Northwestern University and NBER
Arlene Wong, Princeton University
Miao Ben Zhang, University of Southern California

Discussants:
Daron Acemoglu, Massachusetts Institute of Technology and NBER
Jonathan Vogel, University of California, Los Angeles and NBER
5:00 pm
Adjourn