Monday, July 18
8:00 am
Coffee and Pastries
8:30 am

A Parsimonious Model of Idiosyncratic Income (slides)

Edmund Crawley, Federal Reserve Board of Governors
Martin Blomhoff Holm, University of Oslo
Håkon Tretvoll, Statistics Norway
9:20 am
Break
9:30 am

The Marginal Propensity to Consume in Heterogeneous Agent Models

Greg Kaplan, University of Chicago and NBER
Giovanni L. Violante, Princeton University and NBER
10:20 am
Break
10:30 am

Stimulus through Insurance: The Marginal Propensity to Repay Debt

Gizem Kosar, Federal Reserve Bank of New York
Davide Melcangi, Federal Reserve Bank of New York
Laura Pilossoph, Duke University and NBER
David G. Wiczer, Federal Reserve Bank of Atlanta & IZA
11:20 am
Break
11:30 am

Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates

Jacob Orchard, Federal Reserve Board of Governors
Valerie A. Ramey, Stanford University and NBER
Johannes Wieland, University of California, San Diego and NBER
12:20 pm
Adjourn and Lunch
Tuesday, July 19
8:00 am
Coffee and Pastries
8:30 am

Borrowing Premia in Unsecured Credit Markets

Kyle P. Dempsey, Ohio State University
Felicia Ionescu, Federal Reserve Board of Governors
9:20 am
Break
9:30 am

The Welfare Effects of Eviction and Homelessness Policies (slides)

Boaz Abramson, Columbia University
10:20 am
Break
10:30 am

The Downward Spiral

Jeremy Greenwood, University of Pennsylvania and NBER
Karen Kopecky, Federal Reserve Bank of Cleveland
Nezih Guner, CEMFI
11:20 am
Break
11:30 am

Growing by the Masses: Revisiting the Link between Firm Size and Market Power

Andres Drenik, University of Texas at Austin and NBER
Ryan Kim, Johns Hopkins University
Hassan Afrouzi, Columbia University and NBER
12:20 pm
Adjourn and Lunch
Wednesday, July 20
8:00 am
Coffee and Pastries
8:30 am

Welfare Assessments with Heterogeneous Individuals

Eduardo Dávila, Yale University and NBER
Andreas Schaab, University of California, Berkeley
9:20 am
Break
9:30 am

Asset-Price Redistribution

Andreas Fagereng, BI Norwegian Business School
Matthieu Gomez, Columbia University
Émilien Gouin-Bonenfant, Columbia University
Martin Blomhoff Holm, University of Oslo
Benjamin Moll, London School of Economics
Gisle Natvik, BI Norwegian Business School
10:20 am
Break
10:30 am

Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy

Beatriz Gonzalez, Banco de España
Galo Nuño, Banco de España
Dominik Thaler, Banco de España
Silvia Albrizio, International Monetary Fund
11:20 am
Break
11:30 am

Optimal Policy Rules in HANK

Alisdair McKay, Federal Reserve Bank of Minneapolis
Christian K. Wolf, Massachusetts Institute of Technology and NBER
12:20 pm
Adjourn and Lunch
Thursday, July 21
8:00 am
Coffee and Pastries
Joint Session with Macro Perspectives
8:30 am

Markups Across the Income Distribution: Measurement and Implications (slides)

Kunal Sangani, Stanford University
9:20 am
Break
9:30 am

What Drives Wage Stagnation: Monopsony or Monopoly?

Shubhdeep Deb, Universitat Pompeu Fabra
Jan Eeckhout, Universitat Pompeu Fabra
Aseem Patel, Sciences Po, Paris
Lawrence Warren, U.S. Census Bureau
10:20 am
Break
10:30 am

Did Racist Labor Policies Reverse Equality Gains for Everyone?

Erin L. Wolcott, Middlebury College
11:20 am
Break
11:30 am

Work from Home Before and After the COVID-19 Outbreak

Alexander Bick, Federal Reserve Bank of St. Louis
Adam Blandin, Vanderbilt University
Karel Mertens, Federal Reserve Bank of Dallas
12:20 pm
Adjourn and Lunch