Monday, July 18
8:30 am
Coffee and Pastries
Morning Session on Prices and Price Measurement
9:00 am

Measuring the Gains from Creative Destruction

David Argente, Yale University and NBER
Chang-Tai Hsieh, University of Chicago and NBER
Munseob Lee, University of California, San Diego

Discussant:
Daniel E. Sichel, Wellesley College and NBER
9:40 am

Quality Adjustment at Scale: Hedonic vs. Exact Demand-Based Price Indices

Gabriel Ehrlich, University of Michigan
John C. Haltiwanger, University of Maryland and NBER
Ron S. Jarmin, U.S. Census Bureau
David Johnson, National Academies of Sciences, Engineering and Medicine
Ed Olivares, University of Maryland
Luke W. Pardue, Aspen Economic Strategy Group
Matthew D. Shapiro, University of Michigan and NBER
Laura Zhao, Bank of Canada

Discussant:
Ariel Pakes, Harvard University and NBER
10:20 am
Break
10:40 am

Nonparametric Measurement of Long-Run Growth in Consumer Welfare (slides)

Xavier Jaravel, London School of Economics
Danial Lashkari, Federal Reserve Bank of New York

Discussant:
Marshall B. Reinsdorf, Independent Consultant
11:20 am

The Problem with Normalizing Preferences that Change in a Cost-of-Living Index

Gregory Kurtzon, Bureau of Labor Statistics

Discussant:
Robert C. Feenstra, University of California, Davis and NBER
12:00 pm
Lunch
Afternoon Session on Income and Wealth Inequality
1:00 pm

The Role of Industry in Increasing Earnings Inequality: Reconciling Evidence from Survey and Administrative Data

John C. Haltiwanger, University of Maryland and NBER
Henry R. Hyatt, U.S. Census Bureau
James Spletzer, U.S. Census Bureau, retired

Discussant:
Fatih Guvenen, University of Minnesota and NBER
1:40 pm

Technological Change, Inequality, and Intergenerational Mobility: The Case of Early 20th Century Agriculture

Jacob French, Arizona State University

Discussant:
James J. Feigenbaum, Boston University and NBER
2:20 pm
Break
2:40 pm

Private Business Wealth and Rates of Return in the United States

Jesse Bricker, Federal Reserve Board of Governors
Kevin Moore, Federal Reserve Board of Governors
Alice Henriques Volz, Federal Reserve Board of Governors

Discussant:
Gabriel Zucman, University of California, Berkeley and NBER
3:20 pm

Assortative Mating and Wealth Inequality

Andreas Fagereng, BI Norwegian Business School
Luigi Guiso, Einaudi Institute for Economics and Finance
Luigi Pistaferri, Stanford University and NBER

Discussant:
Ilse Lindenlaub, Yale University and NBER
4:00 pm
Adjourn
Tuesday, July 19
8:30 am
Coffee and Pastries
Morning session joint with Macro Productivity
9:00 am

Technology, Vintage-Specific Human Capital, and Labor Displacement: Evidence from Linking Patents with Occupations

Leonid Kogan, Massachusetts Institute of Technology and NBER
Dimitris Papanikolaou, Northwestern University and NBER
Lawrence Schmidt, Massachusetts Institute of Technology
Bryan Seegmiller, Northwestern University

Discussant:
Stephen Hansen, University College London
9:40 am

Robot Adoption, Organizational Capital, and the Productivity Paradox

Rodimiro Rodrigo, The George Washington University

Discussant:
Daniela Scur, Cornell University
10:20 am
Break
10:40 am

Inappropriate Technology: Evidence from Global Agriculture

Jacob Moscona, Massachusetts Institute of Technology and NBER
Karthik Sastry, Princeton University and NBER

Discussant:
Laura E. Boudreau, Columbia University and NBER
11:20 am

Good Rents versus Bad Rents: R&D Misallocation and Growth (slides)

Philippe Aghion, London School of Economics
Antonin Bergeaud, HEC Paris
Timo Boppart, IIES, Stockholm University
Peter J. Klenow, Stanford University and NBER
Huiyu Li, Federal Reserve Bank of San Francisco

Discussant:
Maarten De Ridder, London School of Economics
12:00 pm
Lunch
Afternoon Session on New Data Developments continues in Charles A
1:00 pm

A Long View of Employment Growth and Firm Dynamics in the United States: Importers vs. Exporters vs. Non-Traders

Kyle Handley, University of California, San Diego and NBER
Fariha Kamal, Federal Reserve Board
Wei Ouyang, U.S. Census Bureau

Discussant:
Aaron B. Flaaen, Federal Reserve Board of Governors
1:40 pm

Producing Quality Adjusted Hospital Price Indexes

Brett Matsumoto, Bureau of Labor Statistics

Discussant:
Jeremy Rudd, Federal Reserve Board of Governors
2:20 pm
Break
2:40 pm

The Value of Private Business Wealth in the United States

Richard C. Campbell, University of Illinois at Chicago
Jacob Robbins, University of Illinois at Chicago

Discussant:
John Sabelhaus, Brookings Institution
3:20 pm

Structural Change Within versus Across Firms: Evidence from the United States

Xiang Ding, Georgetown University
Teresa C. Fort, Dartmouth College and NBER
Stephen J. Redding, Princeton University and NBER
Peter K. Schott, Yale University and NBER

Discussant:
Ryan A. Decker, Federal Reserve Board of Governors
4:00 pm
Adjourn