38th Annual Conference on Macroeconomics

Martin S. Eichenbaum, Erik Hurst, and Valerie A. Ramey, Organizers

April 20-21, 2023

The Royal Sonesta Hotel, Parkview Room, and Zoom

Thursday, April 20

1:20 pm

Daron Acemoglu, Massachusetts Institute of Technology and NBER
David Autor, Massachusetts Institute of Technology and NBER
Christina Patterson, University of Chicago and NBER

Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown

Discussant:

John Fernald, Federal Reserve Bank of San Francisco
Jennifer La'O, Columbia University and NBER

2:35 pm

Break

2:55 pm

Greg Buchak, Stanford University
Gregor Matvos, Northwestern University and NBER
Tomasz Piskorski, Columbia University and NBER
Amit Seru, Stanford University and NBER

MacroPru in the Shadow of Declining Balance Sheet Model of Banking

Discussant:

Jeremy C. Stein, Harvard University and NBER
Itamar Drechsler, University of Pennsylvania and NBER

4:10 pm

Break

4:30 pm

Panel: “The Return of Inflation: Why and What to Do About It”
Moderator: Kristin Forbes, Massachusetts Institute of Technology and NBER
Panelists:
Jason Furman, Harvard University
Ricardo Reis, London School of Economics
Silvana Tenreyro, London School of Economics

5:45 pm

Adjourn

6:00 pm

Reception

6:30 pm

Group Dinner

Friday, April 21

8:30 am

Continental Breakfast

9:00 am

Mary Amiti, Federal Reserve Bank of New York
Sebastian Heise, Federal Reserve Bank of New York
Fatih Karahan, Amazon
Ayşegül Şahin, University of Texas at Austin and NBER

Inflation Strikes Back: The Role of Import Competition and the Labor Market

Discussant:

Ṣebnem Kalemli-Özcan, University of Maryland and NBER
Mathias Trabandt, Goethe University Frankfurt

10:15 am

Break

10:30 am

David W. Berger, Duke University and NBER
Kyle F. Herkenhoff, University of Minnesota and NBER
Andreas R. Kostol, Arizona State University and NBER
Simon Mongey, Federal Reserve Bank of Minneapolis and NBER

An Anatomy of Monopsony: Search Frictions, Amenities and Bargaining in Concentrated Markets

Discussant:

Giuseppe Moscarini, Yale University and NBER
Katarína Borovičková, Federal Reserve Bank of Richmond

11:45 am

Break

12:00 n

Pedro Bordalo, University of Oxford
Nicola Gennaioli, Bocconi University
Rafael La Porta, Brown University and NBER
Andrei Shleifer, Harvard University and NBER

Long Term Expectations and Aggregate Fluctuations

Discussant:

Venky Venkateswaran, New York University and NBER
George-Marios Angeletos, Northwestern University and NBER

1:15 pm

Adjourn and Lunch in the Charles Suites