SI 2018 Micro Data and Macro Models
Organized by Erik Hurst, Greg Kaplan, and Giovanni L. Violante
July 16-19, 2018
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA
Monday, July 16
8:30 am
Coffee and Pastries
9:00 am

Financial Heterogeneity and the Investment Channel of Monetary Policy

Pablo Ottonello, University of Maryland, College Park and NBER
Thomas Winberry, University of Pennsylvania and NBER
9:45 am

The Employment Effects of Monetary Policy: Macro-Evidence from Firm-level Data

Saleem A. Bahaj, University College London
Angus K. Foulis, Bank of England
Gabor Pinter, Bank of England
Paolo Surico, London Business School
10:30 am
Break
10:45 am

Regional Consumption Responses and the Aggregate Fiscal Multiplier

Bill Dupor, Federal Reserve Bank of St. Louis
Marios Karabarbounis, Federal Reserve Bank of Richmond
Marianna Kudlyak, Federal Reserve Bank of San Francisco
M. Saif Mehkari, University of Richmond
11:30 am

The Intertemporal Keynesian Cross

Adrien Auclert, Stanford University and NBER
Matthew Rognlie, Northwestern University and NBER
Ludwig Straub, Harvard University and NBER
12:15 pm
Adjourn and Lunch
Tuesday, July 17
8:30 am
Coffee and Pastries
9:00 am

Saving Behavior Across the Wealth Distribution

Andreas Fagereng, BI Norwegian Business School
Martin B. Holm, University of Oslo
Benjamin Moll, London School of Economics and Political Science (LSE)
Gisle J. Natvik, BI Norwegian Business School
9:45 am

From Saving Comes Having? Disentangling the Impact of Saving on Wealth Inequality

Laurent Bach, ESSEC Business School
Laurent E. Calvet, EDHEC Business School
Paolo Sodini, Stockholm School of Economics
10:30 am
Break
10:45 am

Housing Wealth Effects: The Long View

Adam Guren, Boston University and NBER
Alisdair McKay, Federal Reserve Bank of Minneapolis
Emi Nakamura, University of California, Berkeley and NBER
Jón Steinsson, University of California, Berkeley and NBER
11:30 am

What Would You Do with $500? Spending Responses to Gains, Losses, News and Loans

Andreas Fuster, EPFL and Swiss Finance Institute
Greg Kaplan, University of Chicago and NBER
Basit Zafar, University of Michigan and NBER
12:15 pm
Adjourn and Lunch
Wednesday, July 18
8:30 am
Coffee and Pastries
9:00 am

Inferring Inequality with Home Production

Job Boerma, University of Wisconsin - Madison
Loukas Karabarbounis, University of Minnesota and NBER
9:45 am

Human Capitalists

Andrea L. Eisfeldt, University of California, Los Angeles and NBER
Antonio Falato, Federal Reserve Board of Governors
Mindy X. Zhang, University of Texas at Austin
10:30 am
Break
10:45 am

Is Marriage for White People? Incarceration, Unemployment, and the Racial Marriage Divide

Elizabeth M. Caucutt, University of Western Ontario
Nezih Guner, CEMFI
Christopher Rauh, University of Cambridge
11:30 am

The Great Micro Moderation (slides)

Nicholas Bloom, Stanford University and NBER
Fatih Guvenen, University of Minnesota and NBER
Luigi Pistaferri, Stanford University and NBER
Sergio C. Salgado Ibanez, University of Pennsylvania
John Sabelhaus, The Brookings Institution
Jae Song, Social Security Administration
12:15 pm
Adjourn and Lunch
6:00 pm
Clambake at the Royal Sonesta Hotel
Thursday, July 19
8:30 am
Coffee and Pastries
9:00 am

Employer Credit Checks: Poverty Traps versus Matching Efficiency

Dean Corbae, University of Wisconsin - Madison and NBER
Andrew Glover, Federal Reserve Bank of Kansas City
9:45 am

Can the Unemployed Borrow? Implications for Public Insurance

J. Carter Braxton, University of Wisconsin - Madison
Kyle F. Herkenhoff, University of Minnesota and NBER
Gordon M. Phillips, Dartmouth College and NBER
10:30 am
Break
10:45 am

How do Firms Grow? The Life Cycle of Products Matters

David O. Argente, Yale University and NBER
Munseob Lee, University of California, San Diego
Sara Moreira, Northwestern University and NBER
11:30 am

Neoclassical Growth with Long-Term One-Sided Commitment Contracts (slides)

Dirk Krueger, University of Pennsylvania and NBER
Harald Uhlig, University of Chicago and NBER
12:15 pm
Adjourn and Lunch