SI 2020 Micro Data and Macro Models

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

July 13-15, 2020

on Zoom.us

Monday, July 13

11:00 am

Peter Ganong, University of Chicago and NBER
Damon Jones, University of Chicago and NBER
Pascal J. Noel, University of Chicago and NBER

Wealth, Race, and Consumption Smoothing of Typical Income Shocks

Discussant:

Michaela Pagel, Washington University in St. Louis and NBER

12:20 pm

Iacopo Morchio, University of Bristol
Christian A. Moser, Columbia University and NBER

The Gender Pay Gap: Micro Sources and Macro Consequences (slides)

Discussant:

Laura Pilossoph, Duke University and NBER

1:40 pm

Virtual Breakout Room

2:10 pm

Adjourn

Tuesday, July 14

11:00 am

Titan M. Alon, University of California, San Diego
Natalie Bachas, Princeton University
Arlene Wong, Princeton University

Debt, Human Capital Accumulation, and the Allocation of Talent

Discussant:

Simon Mongey, Federal Reserve Bank of Minneapolis and NBER (slides)

12:20 pm

Alais Martin-Baillon, Sciences Po
Francois Le Grand, Rennes School of Business
Xavier Ragot, Sciences Po

Should Monetary Policy Care About Redistribution? (slides)

Discussant:

Thomas J. Sargent, New York University and NBER

1:40 pm

Virtual Breakout Room

2:10 pm

Adjourn

Wednesday, July 15

11:00 am

Is the Pandemic Recession Driven by Declining Demand or Declining Supply? Does it Matter for Policy? Does it Even Make Sense to Think in These Terms?

Part 1: Active Research (15 minute high level overview for authors of each paper)

Veronica Guerrieri, University of Chicago and NBER
Guido Lorenzoni, University of Chicago and NBER
Ludwig Straub, Harvard University and NBER
Iván Werning, Massachusetts Institute of Technology and NBER

Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?

David Baqaee, University of California, Los Angeles and NBER
Emmanuel Farhi, Harvard University

Supply and Demand in Disaggregated Keynesian Economies with an Application to the Covid-19 Crisis (slides)

Pedro Brinca, Nova School of Business and Economics
Joao B. Duarte, Nova School of Business and Economics
Miguel Faria-e-Castro, Federal Reserve Bank of St. Louis

Measuring Labor Supply and Demand Shocks During COVID-19 (slides)

Part 2: A Broader Perspective and Discussion

Panelists: Mark Bils, Jenifer La’O and Jesus Fernandez-Villaverde will engage in a discussion with authors about the pros and cons of the broad research topic.
Panel moderated by conference organizers.
Participants can submit questions to the moderators.

1:10 pm

Virtual Breakout Room

1:40 pm

Adjourn