Economics of Infrastructure Investment

Edward L. Glaeser and James M. Poterba, Organizers

November 15-16, 2019

Parkview Room, Royal Sonesta Hotel, 40 Edwin H. Land Blvd, Cambridge, MA

Conference Code of Conduct

Friday, November 15
8:15 am
8:45 am
Matthew Turner, Brown University and NBER
Geetika Nagpal, Brown University

Transportation Infrastructure in the US
Discussant: Stephen J. Redding, Princeton University and NBER
10:00 am
Jennifer Bennett, Bureau of Economic Analysis
Robert Kornfeld, Bureau of Economic Analysis
Daniel E. Sichel, Wellesley College and NBER
David Wasshausen, Bureau of Economic Analysis

Measuring Infrastructure in BEA's National Economic Accounts
Discussant: Peter Blair Henry, Stanford University
11:15 am
11:45 am
Leah Brooks, George Washington University
Zachary Liscow, Yale University

Is Infrastructure Spending Like Other Spending?
Discussant: Clifford Winston, Brookings Institution
1:00 pm
Lunch- University BC
2:00 pm
Infrastructure Investment -- A Perspective from the Markets
Beth Ann Bovino, S&P Global
3:00 pm
3:15 pm
Dejan Makovsek, OECD
Adrian Bridge, Queensland University of Technology

Procurement Practices and Infrastructure Costs (slides)
Discussant: Shoshana Vasserman, Stanford University and NBER
4:30 pm
Shane Greenstein, Harvard University and NBER

Digital Infrastructure
Discussant: Catherine Tucker, Massachusetts Institute of Technology and NBER
5:45 pm
6:30 pm
Dinner- Royal Sonesta Hotel- Longfellow BC
Saturday, November 16
8:15 am
8:45 am
Eduardo Engel, University of Chile
Ronald Fischer, Universidad de Chile
Alexander Galetovic, Adolfo Ibáñez University

International Experience with Public-Private Partnerships in Infrastructure
Discussant: Keith Hennessey, Stanford University
10:00 am
Deborah J. Lucas, Massachusetts Institute of Technology and NBER
Jorge Alberto Jimenez Montesinos, Massachusetts Institute of Technology

A Fair Value Approach to Valuing Public Infrastructure Projects and the Risk Transfer in Public Private Partnerships
Discussant: Richard Geddes, Cornell University
11:15 am
11:45 am
Valerie A. Ramey, Stanford University and NBER

Macroeconomic Consequences of Infrastructure Investment
Discussant: Jason Furman, Harvard University
1:00 pm
Adjourn with optional lunch- Charles B