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 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 & IZA Stimulus through Insurance: The Marginal Propensity to Repay Debt
11:20 am	Break
11:30 am	Jacob Orchard, Federal Reserve Board 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, Ohio State University Felicia Ionescu, Federal Reserve Board 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 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 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, Harvard 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