SI 2022 Conference on Research in Income and Wealth

Katharine G. Abraham, Susanto Basu, and David M. Byrne, Organizers

July 18-19, 2022

Charles Room AB

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

Conference Code of Conduct

Monday, July 18
8:30 am
Coffee and Pastries
Morning Session on Prices and Price Measurement
9:00 am
David Argente, Pennsylvania State University
Chang-Tai Hsieh, University of Chicago and NBER
Munseob Lee, University of California at San Diego

Measuring the Gains from Creative Destruction
Discussant: Daniel E. Sichel, Wellesley College and NBER
9:40 am
Gabriel Ehrlich, University of Michigan
John C. Haltiwanger, University of Maryland and NBER
Ron S. Jarmin, U.S. Census Bureau
David Johnson, National Academies of Sciences, Engineering and Medicine
Ed Olivares, University of Maryland
Luke W. Pardue, University of Maryland
Matthew D. Shapiro, University of Michigan and NBER
Laura Zhao, Bank of Canada

Quality Adjustment at Scale: Hedonic vs. Exact Demand-Based Price Indices
Discussant: Ariel Pakes, Harvard University and NBER
10:20 am
Break
10:40 am
Xavier Jaravel, London School of Economics
Danial Lashkari, Boston College

Nonparametric Measurement of Long-Run Growth in Consumer Welfare (slides)
Discussant: Marshall B. Reinsdorf, Independent Consultant
11:20 am
Gregory Kurtzon, Bureau of Labor Statistics

The Problem with Normalizing Preferences that Change in a Cost-of-Living Index
Discussant: Robert C. Feenstra, University of California, Davis and NBER
12:00 pm
Lunch
Afternoon Session on Income and Wealth Inequality
1:00 pm
John C. Haltiwanger, University of Maryland and NBER
Henry R. Hyatt, U.S. Census Bureau
James Spletzer, U.S. Census Bureau, retired

The Role of Industry in Increasing Earnings Inequality: Reconciling Evidence from Survey and Administrative Data
Discussant: Fatih Guvenen, University of Minnesota and NBER
1:40 pm
Jacob French, Arizona State University

Technological Change, Inequality, and Intergenerational Mobility: The Case of Early 20th Century Agriculture
Discussant: James J. Feigenbaum, Boston University and NBER
2:20 pm
Break
2:40 pm
Jesse Bricker, Federal Reserve Board
Kevin Moore, Federal Reserve Board
Alice Henriques Volz, Federal Reserve Board

Private Business Wealth and Rates of Return in the United States
Discussant: Gabriel Zucman, University of California, Berkeley and NBER
3:20 pm
Andreas Fagereng, BI Norwegian Business School
Luigi Guiso, Einaudi Institute for Economics and Finance
Luigi Pistaferri, Stanford University and NBER

Assortative Mating and Wealth Inequality
Discussant: Ilse Lindenlaub, Yale University and NBER
4:00 pm
Adjourn
Tuesday, July 19
8:30 am
Coffee and Pastries
Morning session joint with Macro Productivity
9:00 am
Leonid Kogan, Massachusetts Institute of Technology and NBER
Dimitris Papanikolaou, Northwestern University and NBER
Lawrence Schmidt, Massachusetts Institute of Technology
Bryan Seegmiller, Northwestern University

Technology, Vintage-Specific Human Capital, and Labor Displacement: Evidence from Linking Patents with Occupations
Discussant: Stephen Hansen, Imperial College London
9:40 am
Rodimiro Rodrigo, George Washington University

Robot Adoption, Organizational Capital, and the Productivity Paradox
Discussant: Daniela Scur, Cornell University
10:20 am
Break
10:40 am
Jacob Moscona, Harvard University
Karthik Sastry, Harvard University

Inappropriate Technology: Evidence from Global Agriculture
Discussant: Laura E. Boudreau, Columbia University
11:20 am
Philippe Aghion, London School of Economics
Antonin Bergeaud, Banque de France
Timo Boppart, IIES, Stockholm University
Peter J. Klenow, Stanford University and NBER
Huiyu Li, Federal Reserve Bank of San Francisco

Good Rents versus Bad Rents: R&D Misallocation and Growth (slides)
Discussant: Maarten C. De Ridder, London School of Economics
12:00 pm
Lunch
Afternoon Session on New Data Developments continues in Charles A
1:00 pm
Kyle Handley, University of California, San Diego and NBER
Fariha Kamal, U.S. Census Bureau
Wei Ouyang, U.S. Census Bureau

A Long View of Employment Growth and Firm Dynamics in the United States: Importers vs. Exporters vs. Non-Traders
Discussant: Aaron B. Flaaen, Federal Reserve Board
1:40 pm
Brett Matsumoto, Bureau of Labor Statistics

Producing Quality Adjusted Hospital Price Indexes
Discussant: Jeremy Rudd, Federal Reserve Board
2:20 pm
Break
2:40 pm
Richard C. Campbell, University of Illinois Chicago
Jacob Robbins, University of Illinois Chicago

The Value of Private Business Wealth in the United States
Discussant: John Sabelhaus, Brookings Institution
3:20 pm
Xiang Ding, Georgetown University
Teresa C. Fort, Dartmouth College and NBER
Stephen J. Redding, Princeton University and NBER
Peter K. Schott, Yale University and NBER

Structural Change Within versus Across Firms: Evidence from the United States
Discussant: Ryan A. Decker, Federal Reserve Board
4:00 pm
Adjourn