SI 2023 Micro Data and Macro Models

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

July 17-20, 2023

Longfellow Room

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

Conference Code of Conduct

Monday, July 17
8:00 am
Coffee and Pastries
8:30 am
Pablo Ottonello, University of Maryland and NBER
Thomas Winberry, University of Pennsylvania and NBER

Investment, Innovation, and Financial Frictions
9:20 am
Break
9:30 am
Gideon Bornstein, University of Pennsylvania
Sasha Indarte, University of Pennsylvania

The Impact of Social Insurance on Household Debt
10:20 am
Break
10:40 am
Xavier Ragot, Sciences Po
Francois Le Grand, Rennes School of Business
Thomas Bourany, University of Chicago

Redistribution and the Wage-price Spirals: Optimal Fiscal and Monetary Policy
11:30 am
Break
11:40 am
Anmol Bhandari, University of Minnesota and NBER
Thomas Bourany, University of Chicago
David Evans, University of Oregon
Mikhail Golosov, University of Chicago and NBER

A Perturbational Approach for Approximating Heterogeneous-Agent Models
12:30 pm
Adjourn and Lunch
Tuesday, July 18
8:00 am
Coffee and Pastries
8:30 am
Martin Beraja, Massachusetts Institute of Technology and NBER
Nathan Zorzi, Dartmouth College

On the Size of Stimulus Checks: How Much is too Much?
9:20 am
Break
9:30 am
Elena Andreou, University of Cyprus
Maria Demetriadou, University of Cyprus
Andreas Tryphonides, University of Cyprus

The Cross Section of Household Preferences and the Marginal Propensity to Consume: Evidence from High Frequency Data (slides)
10:20 am
Break
10:40 am
Felipe N. Del Canto, Columbia University
John R. Grigsby, Princeton University and NBER
Eric Qian, Princeton University
Conor Walsh, Columbia University

Are Inflationary Shocks Regressive? A Feasible Set Approach
11:30 am
Break
11:40 am
Alan Olivi, University College London
Vincent Sterk, University College London
Dajana Xhani, Tilburg University

Optimal Monetary Policy during a Cost-of-Living Crisis (slides)
12:30 pm
Adjourn and Lunch
Wednesday, July 19
8:00 am
Coffee and Pastries
8:30 am
Pïerre Cahuc, Sciences Po
Pauline Carry, University of Chicago
Franck P. Malherbet, THEMA - CNRS
Pedro S. Martins, Nova School of Business and Economics

Spillover Effects of Employment Protection
9:20 am
Break
9:30 am
Antoine Bertheau, Norwegian School of Economics
Marianna Kudlyak, Federal Reserve Bank of San Francisco
Birthe Larsen, Copenhagen Business School
Morten Bennedsen, Institut Européen d'Administration des Affaires

Why Firms Lay Off Workers instead of Cutting Wages: Evidence from Matched Survey-Administrative Data (slides)
10:20 am
Break
10:40 am
Lutz Hendricks, University of North Carolina, Chapel Hill
Tatyana Koreshkova, Concordia University
Oksana Leukhina, Federal Reserve Bank of St. Louis

Causes and Consequences of Student-College Mismatch
11:30 am
Break
11:40 am
Elisa Rubbo, University of Chicago and NBER

Fragmentation of Production and the Wage Distribution
12:30 pm
Adjourn and Lunch
Thursday, July 20
8:00 am
Coffee and Pastries
Morning joint with Macro Perspectives
8:30 am
Lukas Nord, European University Institute

Shopping, Demand Composition, and Equilibrium Prices
9:20 am
Break
9:30 am
Laura Pilossoph, Duke University and NBER
Jane M. Ryngaert, University of Notre Dame

Job Search, Wages, and Inflation (slides)
10:20 am
Break
10:40 am
Hanno Foerster, Boston College
Robert Ulbricht, Boston College

The Colocation Friction: Dual-Earner Job Search and Labor Market Outcomes
11:30 am
Break
11:40 am
Andrew Caplin, New York University and NBER
Victoria Gregory, Federal Reserve Bank of St. Louis
Eungik Lee, New York University
Søren Leth-Petersen, University of Copenhagen
Johan Sæverud, University of Copenhagen

Subjective Earnings Risk
12:30 pm
Adjourn and Lunch