SI 2015 Aggregate Implications of Micro

Orazio Attanasio, Christopher D. Carroll, and José-Víctor Ríos-Rull, Organizers

July 13-17, 2015

Royal Sonesta Hotel

Conference Code of Conduct

Monday, July 13
9:00 am
Greg Kaplan, University of Chicago and NBER
Kurt Mitman, Institute for International Economic Studies
Giovanni L. Violante, Princeton University and NBER

Consumption and House Prices in the Great Recession: Model Meets Evidence
9:45 am
9:45 am
Yuliya Demyanyk, University of Illinois at Chicago
Dmytro Hryshko, University of Alberta
Maria Luengo-Prado, Instituto Complutense de Análisis Económico
Bent Sorensen, University of Houston

The Rise and Fall of Consumption in the `00s
10:45 am
Aaron Hedlund, Purdue University

Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession
11:30 am
11:30 am
Anthony A. DeFusco, University of Wisconsin-Madison and NBER

Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls
Tuesday, July 14
9:00 am
Richard Blundell, University College London and IFS
Ran Gu, University of Essex
Søren Leth-Petersen, University of Copenhagen
Hamish Low, University of Oxford
Costas Meghir, Yale University and NBER

Durables, Lemons, and Shocks
9:45 am
9:45 am
Michael C. Best, Columbia University and NBER
James S. Cloyne, University of California, Davis and NBER
Ethan Ilzetzki, London School of Economics
Henrik Kleven, Princeton University and NBER

Interest Rates, Debt and Intertemporal Allocation: Evidence From Notched Mortgage Contracts in the UK
10:45 am
Deniz Aydin, Washington University in St. Louis

The Marginal Propensity to Consume Out of Liquidity
11:30 am
11:30 am
Eduardo Davila, Yale University and NBER

Using Elasticities to Derive Optimal Bankruptcy Exemptions
Wednesday, July 15
9:00 am
Jonathan D. Fisher, Washington Center for Equitable Growth
David Johnson, National Academies of Sciences, Engineering and Medicine
Timothy Smeeding, University of Wisconsin-Madison
Jeffrey P. Thompson, Federal Reserve Bank of Boston

Inequality in 3-D: Income, Consumption, and Wealth
9:45 am
David Domeij, Stockholm School of Economics
Fatih Guvenen, University of Minnesota and NBER
Christopher Busch, Ludwig-Maximilians-University Munich
Rocio Madera, Southern Methodist University

Higher-Order Income Risk and Social Insurance Policy Over the Business Cycle
10:45 am
10:45 am
Lorenz Kueng, University of Lugano
Evgeny Yakovlev, New Economic School

How Persistent Are Consumption Habits? Micro-Evidence from Russia
11:30 am
11:30 am
Raul Santaeulalia-Llopis, Barcelona GSE
Yu Zheng, Queen Mary University of London

The Price of Growth: Consumption Insurance in China 1989-2009
Thursday, July 16
9:00 am
9:00 am
Alessandro Mennuni, University of Southhampton

Liquid Savings over the Business Cycle
9:45 am
Agnes Kovacs, King's College London

Temptation and Commitment: the Role of Housing
10:45 am
Dimitris Christelis, University of Glasgow
Dimitris Georgarakos, European Central Bank
Tullio Jappelli, University of Naples Federico II
Maarten van Rooij, Dutch Central Bank

Consumption Uncertainty and Precautionary Saving
11:30 am
11:30 am
Jesse Bricker, Federal Reserve Board
Jacob Krimmel, Federal Reserve Board
Claudia R. Sahm, Jain Family Institute

‘House Prices Can’t Fall’: Do Beliefs Affect Consumer Spending and Borrowing Cycles?
Friday, July 17
9:00 am
Giovanni Gallipoli, University of British Columbia
Brant Abbott, Queen's University

Human Capital Spillovers and the Geography of Intergenerational Mobility
9:45 am
9:45 am
Lutz Hendricks, University of North Carolina, Chapel Hill

Family Background, Academic Ability, and College Decisions in the 20th Century U.S.
10:45 am
10:45 am
Mary Ann Bronson, Georgetown University

Degrees Are Forever: Marriage, Educational Investment, and Lifecycle Labor Decisions of Men and Women
11:30 am
Makoto Nakajima, Federal Reserve Bank of Philadelphia
Didem Tuzemen, Federal Reserve Bank of Kansas City

Health Care Reform or Labor Market Reform? A Quantitative Analysis of the Affordable Care Act