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, University of Copenhagen
Marianna Kudlyak, Federal Reserve Bank of San Francisco
Birthe Larsen, Copenhagen Business School
Morten Bennedsen, INSEAD

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
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