SI 2015 Aggregate Implications of Micro

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

July 13-17, 2015

Royal Sonesta Hotel

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, Swiss Finance Institute 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 of Governors Jacob Krimmel, Federal Reserve Board of Governors 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