SI 2018 Micro Data and Macro Models

Erik Hurst, Greg Kaplan, and Giovanni L. Violante, Organizers

July 16-19, 2018

Longfellow Room

Royal Sonesta Hotel, 40 Edwin H. Land Blvd., Cambridge, MA

Monday, July 16
8:30 am	Coffee and Pastries
9:00 am	Pablo Ottonello, University of Maryland and NBER Thomas Winberry, University of Pennsylvania and NBER Financial Heterogeneity and the Investment Channel of Monetary Policy
9:45 am	Saleem A. Bahaj, University College London Angus K. Foulis, Bank of England Gabor Pinter, Bank of England Paolo Surico, London Business School The Employment Effects of Monetary Policy: Macro-Evidence from Firm-level Data
10:30 am	Break
10:45 am	Bill Dupor, Federal Reserve Bank of St. Louis Marios Karabarbounis, Federal Reserve Bank of Richmond Marianna Kudlyak, Federal Reserve Bank of San Francisco M. Saif Mehkari, University of Richmond Regional Consumption Responses and the Aggregate Fiscal Multiplier
11:30 am	Adrien Auclert, Stanford University and NBER Matthew Rognlie, Northwestern University and NBER Ludwig Straub, Harvard University and NBER The Intertemporal Keynesian Cross
12:15 pm	Adjourn and Lunch
Tuesday, July 17
8:30 am	Coffee and Pastries
9:00 am	Andreas Fagereng, BI Norwegian Business School Martin B. Holm, University of Oslo Benjamin Moll, London School of Economics Gisle J. Natvik, BI Norwegian Business School Saving Behavior Across the Wealth Distribution
9:45 am	Laurent Bach, ESSEC Business School Laurent E. Calvet, EDHEC Business School Paolo Sodini, Stockholm School of Economics From Saving Comes Having? Disentangling the Impact of Saving on Wealth Inequality
10:30 am	Break
10:45 am	Adam Guren, Boston University and NBER Alisdair McKay, Federal Reserve Bank of Minneapolis Emi Nakamura, University of California, Berkeley and NBER Jón Steinsson, University of California, Berkeley and NBER Housing Wealth Effects: The Long View
11:30 am	Andreas Fuster, EPFL and Swiss Finance Institute Greg Kaplan, University of Chicago and NBER Basit Zafar, University of Michigan and NBER What Would You Do with $500? Spending Responses to Gains, Losses, News and Loans
12:15 pm	Adjourn and Lunch
Wednesday, July 18
8:30 am	Coffee and Pastries
9:00 am	Job Boerma, University of Wisconsin-Madison Loukas Karabarbounis, University of Minnesota and NBER Inferring Inequality with Home Production
9:45 am	Andrea L. Eisfeldt, University of California, Los Angeles and NBER Antonio Falato, Federal Reserve Board Mindy X. Zhang, University of Texas at Austin Human Capitalists
10:30 am	Break
10:45 am	Elizabeth M. Caucutt, University of Western Ontario Nezih Guner, CEMFI Christopher Rauh, University of Cambridge Is Marriage for White People? Incarceration, Unemployment, and the Racial Marriage Divide
11:30 am	Nicholas Bloom, Stanford University and NBER Fatih Guvenen, University of Minnesota and NBER Luigi Pistaferri, Stanford University and NBER Sergio C. Salgado Ibanez, University of Pennsylvania John Sabelhaus, Brookings Institution Jae Song, Social Security Administration The Great Micro Moderation (slides)
12:15 pm	Adjourn and Lunch
6:00 pm	Clambake at the Royal Sonesta Hotel
Thursday, July 19
8:30 am	Coffee and Pastries
9:00 am	Dean Corbae, University of Wisconsin-Madison and NBER Andrew Glover, Federal Reserve Bank of Kansas City Employer Credit Checks: Poverty Traps versus Matching Efficiency
9:45 am	J. Carter Braxton, University of Wisconsin-Madison Kyle F. Herkenhoff, University of Minnesota and NBER Gordon M. Phillips, Dartmouth College and NBER Can the Unemployed Borrow? Implications for Public Insurance
10:30 am	Break
10:45 am	David O. Argente, Yale University and NBER Munseob Lee, University of California, San Diego Sara Moreira, Northwestern University and NBER How do Firms Grow? The Life Cycle of Products Matters
11:30 am	Dirk Krueger, University of Pennsylvania and NBER Harald Uhlig, University of Chicago and NBER Neoclassical Growth with Long-Term One-Sided Commitment Contracts (slides)
12:15 pm	Adjourn and Lunch