SI 2017 Consumption: Micro to Macro

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

July 17-21, 2017

Longfellow Room

Royal Sonesta Hotel

Summer Institute 2017 master schedule

Monday, July 17
8:30 am	Coffee and pastries
9:00 am	Christopher D. Carroll, Johns Hopkins University and NBER An Introduction to the Computational Economics ARK: 'Algorithmic Repository and (tool)Kit'
9:45 am	Elisabeth Proehl, University of Geneva Discretizing the Infinite-Dimensional Space of Distributions to Approximate Markov Equilibria with Ex-Post Heterogeneity and Aggregate Risk
10:30 am	Break
10:45 am	David W. Berger, Duke University and NBER Tianfang Cui, New York University Nicholas Turner, Federal Reserve Board Eric Zwick, University of Chicago and NBER Stimulating Durable Purchases
11:30 am	Juan C. Hatchondo, University of Western Ontario Leonardo Martinez, International Monetary Fund Credit Risk Without Commitment
12:15 pm	Adjourn and lunch
Tuesday, July 18
8:30 am	Coffee and pastries
9:00 am	Moritz Kuhn, University of Mannheim Moritz Schularick, Kiel Institute for the World Economy & Sciences Po Ulrike I. Steins, University of Bonn The Great American Debt Boom, 1948-2013
9:35 am	Thomas Crossley, Essex University Peter Levell, Institute for Fiscal Studies Hamish Low, University of Oxford Consumption Spending, Housing Investments and the Role of Leverage
10:10 am	Break
10:20 am	Adrien Auclert, Stanford University and NBER Will S. Dobbie, Harvard University and NBER Paul Goldsmith-Pinkham, Yale University and NBER Macroeconomic Effects of Debt Relief: Consumer Bankruptcy Protections in the Great Recession
10:55 am	Yavuz Arslan, University of Liverpool Bulent Guler, Indiana University Burhanettin Kuruscu, University of Toronto Housing Crisis, Deterioration of Bank Balance Sheets, and Macroprudential Policies
11:30 am	Break
11:40 am	Lukasz Drozd, Federal Reserve Bank of Philadelphia Ricardo Serrano-Padial, Drexel University Credit Enforcement Cycles
12:15 pm	Adjourn and lunch
Wednesday, July 19
8:30 am	Coffee and pastries
9:00 am	Brant Abbott, Queen's University Giovanni Gallipoli, University of British Columbia ``Permanent Income'' Inequality
9:45 am	Joachim Hubmer, University of Pennsylvania Per Krusell, Stockholm University and NBER Anthony A. Smith, Jr., Yale University and NBER The Historical Evolution of the Wealth Distribution: A Quantitative-Theoretic Investigation
10:30 am	Break
10:45 am	Fabian Kindermann, University of Regensburg Sebastian Kohls, Northwestern University Rental Markets and Wealth Inequality in the Euro-Area
11:30 am	Jay Hong, Seoul National University Josep Pijoan-Mas, CEMFI José-Víctor Ríos-Rull, University of Pennsylvania and NBER Health, Consumption, and Inequality
12:15 pm	Adjourn and lunch
Thursday, July 20
8:30 am	Coffee and pastries
9:00 am	Galo Nuno Barrau, Banco de España Carlos Thomas, Banco de España Optimal Monetary Policy with Heterogeneous Agents
9:45 am	Martin Beraja, Massachusetts Institute of Technology and NBER Andreas Fuster, EPFL and Swiss Finance Institute Erik Hurst, University of Chicago and NBER Joseph S. Vavra, University of Chicago and NBER Regional Heterogeneity and Monetary Policy
10:30 am	Break
10:45 am	Elin Halvorsen, Statistics Norway Hans A. Holter, University of Delaware Serdar Ozkan, St Louis Fed Kjetil Storesletten, University of Minnesota The Distributions of Income and Consumption Risk: Evidence from Norwegian Registry Data
11:30 am	Giovanni Gallipoli, University of British Columbia Hamish Low, University of Oxford Aruni Mitra, University of Manchester Consumption and Income Persistence Across Generations
12:15 pm	Adjourn and lunch
6:00 pm	Clambake at the Royal Sonesta Hotel
Friday, July 21
8:30 am	Coffee and pastries
9:00 am	Andreas Fagereng, BI Norwegian Business School Martin B. Holm, University of Oslo Gisle J. Natvik, BI Norwegian Business School MPC Heterogeneity and Household Balance Sheets
9:35 am	Marco Di Maggio, Harvard University and NBER Amir Kermani, University of California, Berkeley and NBER Kaveh Majlesi, Monash University Stock Market Returns and Consumption
10:10 am	Break
10:20 am	Dimitris Christelis, University of Glasgow Dimitris Georgarakos, European Central Bank Tullio Jappelli, University of Naples Federico II Luigi Pistaferri, Stanford University and NBER Maarten van Rooij, Dutch Central Bank Asymmetric Consumption Effects of Transitory Income Shocks
10:55 am	Dmytro Hryshko, University of Alberta Iourii Manovskii, University of Pennsylvania and NBER How Much Consumption Insurance in the U.S.?
11:30 am	Break
11:40 am	Michael Gelman, Claremont McKenna College Yuriy Gorodnichenko, University of California, Berkeley and NBER Shachar Kariv, University of California at Berkeley Dmitri K. Koustas, University of Chicago Matthew D. Shapiro, University of Michigan and NBER Dan Silverman, Arizona State University and NBER Steven Tadelis, University of California, Berkeley and NBER The Response of Consumer Spending to Changes in Gasoline Prices
12:15 pm	Adjourn and lunch