SI 2021 Micro Data and Macro Models

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

July 19-21, 2021

on Zoom.us

Monday, July 19
11:00 am	Thomas J. Sargent, New York University and NBER Neng Wang, Cheung Kong Graduate School of Business Jinqiang Yang, Shanghai University of Finance and Economics Stochastic Earnings Growth and Equilibrium Wealth Distributions
11:50 am	Break
12:00 pm	Elin Halvorsen, Statistics Norway Joachim Hubmer, University of Pennsylvania Serdar Ozkan, Federal Reserve Bank of St. Louis Sergio Salgado, University of Pennsylvania Why Are the Wealthiest So Wealthy? (slides)
12:50 pm	Break
1:00 pm	Roozbeh Hosseini, University of Georgia Karen Kopecky, Federal Reserve Bank of Cleveland Kai Zhao, University of Connecticut How Important is Health Inequality for Lifetime Earnings Inequality? (slides)
1:50 pm	Virtual Breakout Rooms
2:30 pm	Adjourn
Tuesday, July 20
11:00 am	David Laibson, Harvard University and NBER Peter D. Maxted, University of California, Berkeley Benjamin Moll, London School of Economics Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy
12:00 pm	Christian Bayer, University of Bonn Benjamin Born, Frankfurt School of Finance and Management Ralph Luetticke, University of Tuebingen The Liquidity Channel of Fiscal Policy (slides)
12:50 pm	Break
1:00 pm	Mark A. Aguiar, Princeton University and NBER Manuel Amador, University of Minnesota and NBER Cristina Arellano, Federal Reserve Bank of Minneapolis Micro Risks and Pareto Improving Policies with Low Interest Rates
1:50 pm	Virtual Breakout Rooms
2:30 pm	Adjourn
Wednesday, July 21
11:00 am	Simon Mongey, Federal Reserve Bank of Minneapolis and NBER David W. Berger, Duke University and NBER Kyle F. Herkenhoff, University of Minnesota and NBER Minimum Wages and Welfare (slides)
11:50 am	Break
12:00 pm	Erik Hurst, University of Chicago and NBER Patrick J. Kehoe, Stanford University and NBER Elena Pastorino, Stanford University and NBER Thomas Winberry, University of Pennsylvania and NBER The Effects of the Minimum Wage in the Short Run and in the Long Run (slides)
12:50 pm	Break
1:00 pm	Julieta Caunedo, Cornell University Elisa Keller, University of Exeter David Jaume, Banco de Mexico Occupational Exposure to Capital-Embodied Technical Change
1:50 pm	Virtual Breakout Rooms
2:30 pm	Adjourn