SI 2022 Micro Data and Macro Models

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

July 18-21, 2022

Longfellow Room

Format: 50 min per paper including questions, with a 10 min break between papers

Monday, July 18
8:00 am	Coffee and Pastries
8:30 am	Edmund Crawley, Federal Reserve Board of Governors Martin Blomhoff Holm, University of Oslo Håkon Tretvoll, Statistics Norway A Parsimonious Model of Idiosyncratic Income (slides)
9:20 am	Break
9:30 am	Greg Kaplan, University of Chicago and NBER Giovanni L. Violante, Princeton University and NBER The Marginal Propensity to Consume in Heterogeneous Agent Models
10:20 am	Break
10:30 am	Gizem Kosar, Federal Reserve Bank of New York Davide Melcangi, Federal Reserve Bank of New York Laura Pilossoph, Duke University and NBER David G. Wiczer, Federal Reserve Bank of Atlanta Stimulus through Insurance: The Marginal Propensity to Repay Debt
11:20 am	Break
11:30 am	Jacob Orchard, Federal Reserve Board of Governors Valerie A. Ramey, Stanford University and NBER Johannes Wieland, University of California, San Diego and NBER Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates
12:20 pm	Adjourn and Lunch
Tuesday, July 19
8:00 am	Coffee and Pastries
8:30 am	Kyle P. Dempsey, The Ohio State University Felicia Ionescu, Federal Reserve Board of Governors Borrowing Premia in Unsecured Credit Markets
9:20 am	Break
9:30 am	Boaz Abramson, Columbia University The Welfare Effects of Eviction and Homelessness Policies (slides)
10:20 am	Break
10:30 am	Jeremy Greenwood, University of Pennsylvania and NBER Karen Kopecky, Federal Reserve Bank of Cleveland Nezih Guner, CEMFI The Downward Spiral
11:20 am	Break
11:30 am	Andres Drenik, University of Texas at Austin and NBER Ryan Kim, Johns Hopkins University Hassan Afrouzi, Columbia University and NBER Growing by the Masses: Revisiting the Link between Firm Size and Market Power
12:20 pm	Adjourn and Lunch
Wednesday, July 20
8:00 am	Coffee and Pastries
8:30 am	Eduardo Dávila, Yale University and NBER Andreas Schaab, University of California, Berkeley and NBER Welfare Assessments with Heterogeneous Individuals
9:20 am	Break
9:30 am	Andreas Fagereng, BI Norwegian Business School Matthieu Gomez, Columbia University Émilien Gouin-Bonenfant, Columbia University Martin Blomhoff Holm, University of Oslo Benjamin Moll, London School of Economics and Political Science (LSE) Gisle Natvik, BI Norwegian Business School Asset-Price Redistribution
10:20 am	Break
10:30 am	Beatriz Gonzalez, Banco de España Galo Nuño, Banco de España Dominik Thaler, Banco de España Silvia Albrizio, International Monetary Fund Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy
11:20 am	Break
11:30 am	Alisdair McKay, Federal Reserve Bank of Minneapolis Christian K. Wolf, Massachusetts Institute of Technology and NBER Optimal Policy Rules in HANK
12:20 pm	Adjourn and Lunch
Thursday, July 21
8:00 am	Coffee and Pastries
	Joint Session with Macro Perspectives
8:30 am	Kunal Sangani, Northwestern University Markups Across the Income Distribution: Measurement and Implications (slides)
9:20 am	Break
9:30 am	Shubhdeep Deb, Universitat Pompeu Fabra Jan Eeckhout, Universitat Pompeu Fabra Aseem Patel, Sciences Po, Paris Lawrence Warren, U.S. Census Bureau What Drives Wage Stagnation: Monopsony or Monopoly?
10:20 am	Break
10:30 am	Erin L. Wolcott, Middlebury College Did Racist Labor Policies Reverse Equality Gains for Everyone?
11:20 am	Break
11:30 am	Alexander Bick, Federal Reserve Bank of St. Louis Adam Blandin, Vanderbilt University Karel Mertens, Federal Reserve Bank of Dallas Work from Home Before and After the COVID-19 Outbreak
12:20 pm	Adjourn and Lunch