SI 2026 Micro Data and Macro Models
Organized by Erik Hurst, Greg Kaplan, and Giovanni L. Violante
July 20-23, 2026
Royal Sonesta Hotel, Edwin H. Land Blvd., Cambridge, MA
Monday, July 20
8:00 am
Coffee and Pastries
8:30 am

Investment in Demand and Dynamic Competition for Customers

Joachim Hubmer, University of Pennsylvania
Lukas Nord, University of Pennsylvania
9:20 am
Break
9:30 am

Market Concentration and Aggregate Productivity: The Role of Demand

Jeremy Pearce, Federal Reserve Bank of New York
Liangjie Wu, Einaudi Institute for Economics and Finance (EIEF)
10:20 am
Break
10:40 am

Asset Pricing with Heterogeneous Agents under Limited Information

Riccardo A. Cioffi, Paris School of Economics
Galo Nuño, Banco de España
Samuel Hurtado, Banco de España
11:30 am
Break
11:40 am

Structural Reinforcement Learning for Heterogeneous Agent Macroeconomics

Yucheng Yang, University of Zurich
Chiyuan Wang, Peking University
Andreas Schaab, University of California, Berkeley and NBER
Benjamin Moll, London School of Economics and Political Science (LSE)
12:30 pm
Adjourn and Lunch
Tuesday, July 21
8:00 am
Coffee and Pastries
8:30 am

New Keynesian Economics with Household and Firm Heterogeneity

Thomas Winberry, University of Pennsylvania and NBER
Adrien Auclert, Stanford University and NBER
Matthew Rognlie, Northwestern University and NBER
Ludwig Straub, Harvard University and NBER
9:20 am
Break
9:30 am

Monetary Policy without Redistributive Concerns

David Baqaee, University of California, Los Angeles and NBER
Ariel Burstein, University of California, Los Angeles and NBER
Joao Guerreiro, University of California, Los Angeles and NBER
10:20 am
Break
10:40 am

Human Capital Accumulation and the Long-Term Effects of Temporary Sectoral Shocks

Ekaterina Gurkova, University of California, Los Angeles
11:30 am
Break
11:40 am

The Labor Market Consequences of Rapid Sectoral Shifts

John R. Grigsby, Princeton University and NBER
Nathan Zorzi, Dartmouth College
12:30 pm
Adjourn and Lunch
Wednesday, July 22
8:00 am
Coffee and Pastries
8:30 am

The Savings Wedge

Wendy A. Morrison, Duke University
Philipp Wangner, University of Mannheim
Alexandre Gaillard, Brown University
9:20 am
Break
9:30 am

Public Debt and Interest Rates

William B. Peterman, Federal Reserve Board of Governors
Erick Sager, Federal Reserve Board of Governors
10:20 am
Break
10:40 am

Expense Shocks Matter

Scott Fulford, Consumer Financial Protection Bureau
David C. Low, Consumer Financial Protection Bureau
11:30 am
Break
11:40 am

Accounting for Income and Wealth Distributions: Implications for Taxation

Varadarajan V. Chari, University of Minnesota and NBER
Patrick J. Kehoe, Stanford University and NBER
Pierlauro Lopez, Federal Reserve Bank of Cleveland
Elena Pastorino, Stanford University and NBER
Sergio Salgado, University of Pennsylvania
12:30 pm
Adjourn and Lunch
Thursday, July 23
JOINT SESSION with Macro Perspectives
8:00 am
Coffee and Pastries
8:30 am

Consumer Search, Market Power, and the Distributional Effects of Inflation

Zachary A. Bethune, Rice University
Shihan Shen, Rice University
9:20 am
Break
9:30 am

Beyond Exposure: Predicting AI Adoption Based on Comparative Advantage

Ilse Lindenlaub, Yale University and NBER
Laura Veldkamp, Columbia University and NBER
Ryungha Oh, The University of Chicago
Alejandra A. Rodriguez, Yale University
10:20 am
Break
10:40 am

Immigration Shocks in the Presence of Income Effects

Pedro Brinca, Nova School of Business and Economics
Hans A. Holter, University of Delaware
Per Krusell, Stockholm University and NBER
Laurence Malafry, University of Oslo
11:30 am
Break
11:40 am

The Implications of Labor Market Heterogeneity for Unemployment Insurance Design

Serdar Birinci, Federal Reserve Bank of St. Louis
Kurt See, National University of Singapore
12:30 pm
Adjourn and Lunch