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

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, Princeton University 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, University of Pennsylvania 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