SI 2025 The Micro and Macro Perspectives of the Aggregate Labor Market
Organized by Philipp Kircher, Guido Menzio, and Giuseppe Moscarini
July 14-17, 2025
Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA
Monday, July 14
12:00 pm
Lunch
1:00 pm

A New Test of (Log) Additive Separability

Isaac Sorkin, Stanford University and NBER
Lucas Warwar, Stanford University
1:50 pm
Break
2:00 pm

Assortative Matching with Private Information

Robert Shimer, University of Chicago and NBER
Liangjie Wu, EIEF
2:50 pm
Break
3:10 pm

Sorting into Entrepreneurial Teams

Edoardo Maria Acabbi, University of Mannheim
Andrea Alati, Bank of England
Luca Mazzone, CERGE - EI
Marta Morazzoni, University College London
4:00 pm
Break
4:10 pm

Field Choice, Skill Specificity, and Labor Market Disruptions

Valerie Smeets, Aarhus University
Lin Tian, INSEAD
Sharon Traiberman, New York University and NBER
5:00 pm
Adjourn
Tuesday, July 15
12:00 pm
Lunch
1:00 pm

The Ins and Outs of Vacancies

Andreas I. Mueller, University of Zurich
Damian Osterwalder, University of Zurich
Josef Zweimüller, University of Zurich
1:50 pm
Break
2:00 pm

Conflict in Dismissals

Pauline Carry, Princeton University
Benjamin Schoefer, University of California, Berkeley and NBER
2:50 pm
Break
3:10 pm

The Effect of Unemployment Insurance Eligibility in Equilibrium

Benjamin Griffy, State University of New York at Albany
Yinghsuan Chao, University of Wisconsin Oshkosh
David G. Wiczer, Federal Reserve Bank of Atlanta
4:00 pm
Break
4:10 pm

Labor Unions and Social Insurance

Naoki Aizawa, University of Wisconsin - Madison and NBER
Hanming Fang, University of Pennsylvania and NBER
Katsuhiro Komatsu, University of Wisconsin - Madison
5:00 pm
Adjourn
Wednesday, July 16
12:00 pm
Lunch
1:00 pm

A Hidden Markov Model of Wages and Employment Mobility with Worker and Firm Heterogeneity: Evidence from Danish and Italian Register Data (slides)

Long Hong, Arizona State University
Rasmus Lentz, University of Wisconsin - Madison
Jean-Marc Robin, SciencesPo
1:50 pm
Break
2:00 pm

Wage Expectations and Job Search

Steffen Altmann, University of Würzburg
Robert Mahlstedt, University of Copenhagen
Malte J. Rattenborg, University of Copenhagen
Alexander Sebald, Copenhagen Business School
Sonja Settele, University of Cologne
Johannes Wohlfart, University of Cologne
2:50 pm
Break
3:10 pm

Economic Development According to Chandler

Niklas Engbom, New York University and NBER
Hannes Malmberg, University of Minnesota
Tommaso Porzio, Columbia University and NBER
Federico Rossi, University of Warwick
Todd Schoellman, Federal Reserve Bank of Minneapolis
4:00 pm
Break
4:10 pm

Occupation Dynamics in General Equilibrium

Benny Kleinman, Stanford University and NBER
Ernest Liu, Princeton University and NBER
Stephen J. Redding, Stanford University and NBER
Xiang Zhang, Princeton University
5:00 pm
Adjourn
Thursday, July 17
8:00 am
Coffee and Pastries

Joint morning session with Micro Data and Macro Models
8:30 am

Why do Workers Dislike Inflation? Wage Erosion and Conflict Costs

Joao Guerreiro, University of California, Los Angeles
Jonathon Hazell, London School of Economics and Political Science (LSE)
Chen Lian, University of California, Berkeley and NBER
Christina Patterson, University of Chicago and NBER
9:20 am
Break
9:30 am

A Theory of How Workers Keep Up With Inflation

Hassan Afrouzi, Columbia University and NBER
Andrés Blanco, Federal Reserve Bank of Atlanta
Andrés Drenik, University of Texas at Austin and NBER
Erik Hurst, University of Chicago and NBER
10:20 am
Break
10:40 am

Should Friday be the New Saturday? Hours Worked and Hours Wanted

Gregor Jarosch, Duke University and NBER
Laura Pilossoph, Duke University and NBER
Anthony Swaminathan, Duke University
11:30 am
Break
11:40 am

The (Un)Fortunate Poor: Occupational Sorting with Financial Frictions

Jan Eeckhout, Universitat Pompeu Fabra
Rory McGee, Western University
Alireza Sepahsalari, University of Bristol
Peter Spittal, University of Bristol
12:30 pm
Lunch
1:30 pm

Earnings Cuts Upon Transitions and the Role of Stepping-stone Employers

Xiaonan Ma, University of Rochester
2:20 pm
Break
2:30 pm

Liquidity and Labor Reallocation in an Uneven Economy

Aditya Soenarjo, Federal Reserve Bank of Boston
3:20 pm
Adjourn