Tuesday, July 17
8:30 am
Coffee and Pastries
Morning joint with CRIW
9:00 am

The Missing Profits of Nations (slides)

Thomas R. Tørsløv, University of Copenhagen
Ludvig S. Wier, University of Copenhagen
Gabriel Zucman, University of California, Berkeley and NBER

Discussant:
Mihir A. Desai, Harvard University and NBER
9:45 am

Accounting for Factorless Income

Loukas Karabarbounis, University of Minnesota and NBER
Brent Neiman, University of Chicago and NBER

Discussant:
Matthew Rognlie, Northwestern University and NBER
10:30 am
Break
11:00 am

Credit Supply and Productivity Growth

Nicola Pierri, International Monetary Fund
Francesco Manaresi, Bank of Italy

Discussant:
Raffaella Sadun, Harvard University and NBER
11:45 am

Firm-Level Political Risk: Measurement and Effects (slides)

Tarek Alexander Hassan, Boston University and NBER
Stephan Hollander, Tilburg University
Laurence van Lent, Frankfurt School of Finance and Management
Ahmed Tahoun, London Business School

Discussant:
Scott R. Baker, Northwestern University and NBER
12:30 pm
Lunch
1:30 pm

The Aggregate E¤ects of Credit Market Frictions: Evidence from Firm-level Default Assessments (slides)

Timothy J. Besley, London School of Economics
Isabelle A. Roland, Bank of England
John Van Reenen, London School of Economics and NBER

Discussant:
Daniel Xu, Duke University and NBER
2:15 pm

Quantifying Reduced-Form Evidence on Collateral Constraints

David Sraer, University of California, Berkeley and NBER
David Thesmar, Massachusetts Institute of Technology and NBER
Sylvain Catherine, University of Pennsylvania
Thomas Chaney, University of Southern California
Zongbo Huang, Chinese University of Hong Kong, Shenzhen

Discussant:
Thomas Winberry, University of Pennsylvania and NBER
3:00 pm
Break
3:15 pm

Misallocation in the Market for Inputs: Enforcement and the Organization of Production

Johannes Boehm, Sciences Po
Ezra Oberfield, Cornell University and NBER

Discussant:
Christopher Woodruff, University of Oxford
4:00 pm

Uncertainty, Imperfect Information and Learning in the International Market (slides)

Cheng Chen, Clemson University
Tatsuro Senga, Queen Mary University of London
Chang Sun, University of Hong Kong
Hongyong Zhang, RIETI

Discussant:
Kyle Handley, University of California, San Diego and NBER
4:45 pm
Adjourn
5:15 pm
Reception at the Royal Sonesta Hotel (Grand Ballroom Foyer)