37th Annual Conference on Macroeconomics
Organized by Martin S. Eichenbaum, Erik Hurst, and Valerie A. Ramey
March 31 - April 1, 2022
Cambridge, MA and on Zoom.us
Thursday, March 31
1:30 pm

Human Capitalists

Andrea L. Eisfeldt, University of California, Los Angeles and NBER
Antonio Falato, Federal Reserve Board of Governors
Mindy Z. Xiaolan, University of Texas at Austin

Discussants:
Giovanni L. Violante, Princeton University and NBER
Eric Zwick, University of Chicago and NBER
2:45 pm
Break
3:00 pm

Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies

Rishabh Aggarwal, Stanford University
Adrien Auclert, Stanford University and NBER
Matthew Rognlie, Northwestern University and NBER
Ludwig Straub, Harvard University and NBER

Discussants:
Oleg Itskhoki, Harvard University and NBER
Linda Tesar, University of Michigan and NBER
4:15 pm
Break
4:30 pm

Persistent Racial Wealth Gaps

Job Boerma, University of Wisconsin - Madison
Loukas Karabarbounis, University of Minnesota and NBER

Discussants:
Ellora Derenoncourt, Princeton University and NBER
Jonathan A. Parker, Massachusetts Institute of Technology and NBER
5:45 pm
Break
6:00 pm
How Effective Are Economic Sanctions?
Lawrence Summers, Harvard University and NBER
6:45 pm
Adjourn
7:00 pm
Reception and Dinner -- Parkview Room at the Royal Sonesta Hotel
Friday, April 1
8:15 am
Continental Breakfast
8:45 am

A Reassessment of Monetary Policy Surprises and High-Frequency Identification

Michael D. Bauer, Federal Reserve Bank of San Francisco
Eric T. Swanson, University of California, Irvine and NBER

Discussants:
Simon Gilchrist, New York University and NBER
Mark W. Watson, Princeton University and NBER
10:00 am
Break
10:15 am

Stubborn Beliefs in Search Equilibrium

Guido Menzio, New York University and NBER

Discussants:
Ilse Lindenlaub, Yale University and NBER
Richard Rogerson, Princeton University and NBER
11:30 am
Break
11:45 am
Panel: The Future of Work
Moderator: Katharine Abraham, University of Maryland and NBER
Steven Davis, University of Chicago and NBER (Slides)
Edward Glaeser, Harvard University and NBER (Slides)
Joel Mokyr, Northwestern University (Slides)
1:00 pm
Adjourn/Lunch - Somerset Room