Heterogeneous-Agent Macro Workshop

Adrien Auclert, Organizer

June 6-8, 2022

Cambridge, MA

Conference Code of Conduct

3:15 pm
Adjourn
Monday, June 6
8:00 am
Breakfast
8:15 am
Welcome and Overview
Fiscal Policy with Heterogeneous Agents
8:30 am
The standard incomplete markets model: steady state
Matthew Rognlie, Northwestern University and NBER
9:45 am
Break
10:00 am
The standard incomplete markets model: transitional dynamics
Matthew Rognlie, Northwestern University and NBER
11:15 am
Break
11:30 am
The canonical HANK model
Ludwig Straub, Harvard University and NBER
12:45 pm
Lunch
2:00 pm
Fiscal policy in the canonical HANK model
Ludwig Straub, Harvard University and NBER
3:15 pm
Break
3:30 pm
Tutorial: using SSJ for fiscal policy analysis
5:30 pm
Reception
6:00 pm
Dinner
Tuesday, June 7
8:00 am
Breakfast
Monetary Policy with Heterogeneous Agents
8:30 am
Monetary policy in the canonical HANK model
Adrien Auclert, Stanford University and NBER
9:45 am
Break
10:00 am
Monetary policy topics in closed economies
Adrien Auclert, Stanford University and NBER
11:15 am
Break
11:30 am
Tutorial: using SSJ for closed-economy monetary policy analysis
12:45 pm
Lunch
2:00 pm
Monetary policy in the open economy
Ludwig Straub, Harvard University and NBER
3:15 pm
Break
3:30 pm
Tutorial: using SSJ for open-economy monetary policy analysis
5:30 pm
Reception
6:00 pm
Dinner
Wednesday, June 8
8:00 am
Breakfast
Advanced topics in Heterogeneous-Agent Macro
8:30 am
Estimating HANK
Adrien Auclert, Stanford University and NBER
9:45 am
Break
10:00 am
Discrete choice with extreme-value taste shocks
Bence Bardóczy, Federal Reserve Board
11:15 am
Break
11:30 am
Tutorial: using SSJ for EV discrete-choice models
12:45 pm
Lunch
2:00 pm
Price-setting with menu costs
Matthew Rognlie, Northwestern University and NBER
3:15 pm
Adjourn