Georgetown Center for Economic Research 2019 Biennial Conference

Washington, DC

 
May 29, 2019
 
TimeLocationEvent
 
08:00 to 12:00 Registration Desk Open, ICC 1st Floor
 
 
08:00 to 08:45ICC 550 Continental Breakfast
 
 
08:30 to 08:45 Welcome Address
 
 
08:45 to 10:30see below Session 1
 
 
10:30 to 11:00ICC 550 Coffee Break
 
 
11:00 to 12:45see below Session 2
 
 
12:45 to 14:15 Lunch (- please note lunch is not provided)
 
 
14:15 to 16:00see below Session 3
 
 
16:00 to 16:30ICC 550 Coffee Break
 
 
16:30 to 17:45 Keynote Talk: Giorgio Primiceri, Northwestern University, Copley Formal Lounge
 
 
18:00 to 19:30 Reception, Bulldog Tavern, Georgetown University
 
 
 
May 30, 2019
 
TimeLocationEvent
 
08:00 to 12:00 Registration Desk Open, ICC 1st Floor
 
 
08:00 to 08:45ICC 550 Continental Breakfast
 
 
08:45 to 10:30see below Session 4
 
 
10:30 to 11:00ICC 550 Coffee Break
 
 
11:00 to 12:45see below Session 5
 
 
12:45 to 14:15 Lunch (- please note lunch is not provided)
 
 
14:15 to 16:00see below Session 6
 
 
16:00 to 16:15ICC 120 Concluding Address
 
 

 

Program Notes and Index of Sessions

Session 1
Locations: listed below
May 29, 2019 08:45 to 10:30
 
Sectoral Transformation and Economic Development, ICC 113
Applications of Machine Learning in Economics, ICC 118
Emerging Economies, ICC 119
Labor Markets, Wages and Unemployment, ICC 120
Taxation, ICC 213
Competition and Market Outcomes, ICC 234

Session 2
Locations: listed below
May 29, 2019 11:00 to 12:45
 
Credit and Economic Activity, ICC 113
Sovereign Risk and Default, ICC 119
Central Bank Transparency and Communication, ICC 120
Optimal Monetary Policy, ICC 118
Human Capital 1, ICC 213
Topics in Development Economics, ICC 234

Lunch (- please note lunch is not provided)
Location:
May 29, 2019 12:45 to 14:15
 
There are a number of options for lunch on or near campus. Please consult the pdf version of the program for suggestions.

Session 3
Locations: listed below
May 29, 2019 14:15 to 16:00
 
Debt and Taxes, ICC 113
Firms in International Trade, ICC 118
International Spillovers and Exchange Rates, ICC 119
Inflation Expectations and Monetary Policy at the ZLB, ICC 120
Labor Economics, ICC 213
The Environment, Labor and Housing, ICC 234

Keynote Talk: Giorgio Primiceri, Northwestern University
Location: Copley Formal Lounge
May 29, 2019 16:30 to 17:45
 
"Economic Predictions with Big Data: The Illusion of Sparsity"

Session 4
Locations: listed below
May 30, 2019 08:45 to 10:30
 
Fiscal Policy Multipliers, ICC 113
Empirical Macroeconomics, ICC 120
Implications of Trade Policy, ICC 118
Macroprudential Policies, ICC 119
Institutions 1, ICC 213
Inequality, ICC 234

Session 5
Locations: listed below
May 30, 2019 11:00 to 12:45
 
Housing and the Macroeconomy, ICC 113
Firms and Growth, ICC 118
Topics in Macroeconomics, ICC 119
Bank Lending, ICC 120
Human Capital 2, ICC 213
Energy Markets, ICC 234

Lunch (- please note lunch is not provided)
Location:
May 30, 2019 12:45 to 14:15
 
There are a number of options for lunch on or near campus. Please consult the pdf version of the program for suggestions.

Session 6
Locations: listed below
May 30, 2019 14:15 to 16:00
 
Labor and Lifetime Inequality, ICC 113
Spatial Linkages, ICC 118
Institutions 2, ICC 119
Inflation Expectations and Disagreement, ICC 120
Gender and Family Economics, ICC 213
Urban Economics, ICC 234

 

Summary of All Sessions

Click here for an index of all participants

#Date/TimeLocationTypeTitlePapers
1May 29, 2019
8:45-10:30
ICC 113 contributed Sectoral Transformation and Economic Development3
2May 29, 2019
8:45-10:30
ICC 118 contributed Applications of Machine Learning in Economics4
3May 29, 2019
8:45-10:30
ICC 119 contributed Emerging Economies4
4May 29, 2019
8:45-10:30
ICC 120 contributed Labor Markets, Wages and Unemployment3
5May 29, 2019
8:45-10:30
ICC 213 contributed Taxation2
6May 29, 2019
8:45-10:30
ICC 234 contributed Competition and Market Outcomes3
7May 29, 2019
11:00-12:45
ICC 113 contributed Credit and Economic Activity4
8May 29, 2019
11:00-12:45
ICC 119 contributed Sovereign Risk and Default3
9May 29, 2019
11:00-12:45
ICC 120 contributed Central Bank Transparency and Communication4
10May 29, 2019
11:00-12:45
ICC 118 contributed Optimal Monetary Policy3
11May 29, 2019
11:00-12:45
ICC 213 contributed Human Capital 13
12May 29, 2019
11:00-12:45
ICC 234 contributed Topics in Development Economics4
13May 29, 2019
14:15-16:00
ICC 113 contributed Debt and Taxes3
14May 29, 2019
14:15-16:00
ICC 118 contributed Firms in International Trade4
15May 29, 2019
14:15-16:00
ICC 119 contributed International Spillovers and Exchange Rates3
16May 29, 2019
14:15-16:00
ICC 120 contributed Inflation Expectations and Monetary Policy at the ZLB4
17May 29, 2019
14:15-16:00
ICC 213 contributed Labor Economics4
18May 29, 2019
14:15-16:00
ICC 234 contributed The Environment, Labor and Housing3
19May 30, 2019
8:45-10:30
ICC 113 contributed Fiscal Policy Multipliers4
20May 30, 2019
8:45-10:30
ICC 120 contributed Empirical Macroeconomics3
21May 30, 2019
8:45-10:30
ICC 118 contributed Implications of Trade Policy4
22May 30, 2019
8:45-10:30
ICC 119 contributed Macroprudential Policies3
23May 30, 2019
8:45-10:30
ICC 213 contributed Institutions 14
24May 30, 2019
8:45-10:30
ICC 234 contributed Inequality3
25May 30, 2019
11:00-12:45
ICC 113 contributed Housing and the Macroeconomy3
26May 30, 2019
11:00-12:45
ICC 118 contributed Firms and Growth4
27May 30, 2019
11:00-12:45
ICC 119 contributed Topics in Macroeconomics3
28May 30, 2019
11:00-12:45
ICC 120 contributed Bank Lending4
29May 30, 2019
11:00-12:45
ICC 213 contributed Human Capital 23
30May 30, 2019
11:00-12:45
ICC 234 contributed Energy Markets3
31May 30, 2019
14:15-16:00
ICC 113 contributed Labor and Lifetime Inequality4
32May 30, 2019
14:15-16:00
ICC 118 contributed Spatial Linkages3
33May 30, 2019
14:15-16:00
ICC 119 contributed Institutions 23
34May 30, 2019
14:15-16:00
ICC 120 contributed Inflation Expectations and Disagreement3
35May 30, 2019
14:15-16:00
ICC 213 contributed Gender and Family Economics4
36May 30, 2019
14:15-16:00
ICC 234 contributed Urban Economics4
 

36 sessions, 123 papers, and 0 presentations with no associated papers


 

Georgetown Center for Economic Research 2019 Biennial Conference

Detailed List of Sessions

 
Session 1: Sectoral Transformation and Economic Development
May 29, 2019 8:45 to 10:30
ICC 113
 
Session Chair: Constantin Bürgi, St. Mary's College of Maryland
Session type: contributed
 

Time-Varying Capital Intensities and the Hump-Shaped Evolution of Economic Activity in Manufacturing
By Luis Felipe Saenz; University of South Carolina
   presented by: Luis Felipe Saenz, University of South Carolina
 

Distortions in Intermediate Markets and Structural Transformation in Latin America
By Rishabh Sinha; The World Bank
   presented by: Rishabh Sinha, The World Bank
 

Determinants of Cross-Country Cyclical Differences
By Constantin Bürgi; St. Mary's College of Maryland
Eiji Goto; The Geroge Washington University
   presented by: Constantin Bürgi, St. Mary's College of Maryland
 
Session 2: Applications of Machine Learning in Economics
May 29, 2019 8:45 to 10:30
ICC 118
 
Session Chair: Adam Check, University of St. Thomas
Session type: contributed
 

Text Data Analysis using the Latent Dirichlet Allocation an Application to the FOMC Transcripts
By Hector Carcel; Bank of Lithuania
Hali Edison; International Monetary Fund
   presented by: Hali Edison, International Monetary Fund
 

Using Machine Learning to Capture Heterogeneity in Trade Agreements
By Narendra Regmi; Clemson University
   presented by: Narendra Regmi, Clemson University
 

Break or No Break? Identifying Structural Breaks using Classical, Bayesian and Machine Learning Approaches
By Yamin Ahmad; University of Wisconsin - Whitewater
Adam Check; University of St. Thomas
Ming Lo; Metropolitan State University
   presented by: Ming Lo, Metropolitan State University
 

Unit Root Tests and Machine Learning
By Yamin Ahmad; University of Wisconsin - Whitewater
Adam Check; University of St. Thomas
Ming Lo; Metropolitan State University
   presented by: Adam Check, University of St. Thomas
 
Session 3: Emerging Economies
May 29, 2019 8:45 to 10:30
ICC 119
 
Session Chair: Francesca de Nicola, World Bank
Session type: contributed
 

Transmission of Fiscal Stimulus in Small Open Economies: The Role of Finance Channel
By Yasin Mimir; Norges Bank
Alperen Evrin; Catolica Lisbon School of Business and Economics
Enes Sunel; Sunel & Sunel Law Firm
   presented by: Yasin Mimir, Norges Bank
 

Capital Controls and Firm Performance
By Eugenia Andreasen; Universidad de Santiago de Chile
   presented by: Eugenia Andreasen, Universidad de Santiago de Chile
 

International Reserves, Credit Constraints, and Systemic Sudden Stops
By Samer Shousha; Federal Reserve Board
   presented by: Samer Shousha, Federal Reserve Board
 

The financial costs of the US-China trade tensions: Evidence from East Asian stock markets
By Francesca de Nicola; World Bank
Ha Nguyen; The World Bank
   presented by: Francesca de Nicola, World Bank
 
Session 4: Labor Markets, Wages and Unemployment
May 29, 2019 8:45 to 10:30
ICC 120
 
Session Chair: Hie Joo Ahn, Federal Reserve Board
Session type: contributed
 

Labor Market Effects of Tax Changes Over the Business Cycle
By Ufuk Demirel; Congressional Budget Office
   presented by: Ufuk Demirel, Congressional Budget Office
 

Labour productivity and the wageless recovery
By Antonio Conti; Bank of Italy
Elisa Guglielminetti; Bank of Italy
Marianna Riggi; Banca d'Italia
   presented by: Antonio Conti, Bank of Italy
 

Measuring Labor-Force Participation and the Incidence and Duration of Unemployment
By Hie Joo Ahn; Federal Reserve Board
James Hamilton; University of California, San Diego
   presented by: Hie Joo Ahn, Federal Reserve Board
 
Session 5: Taxation
May 29, 2019 8:45 to 10:30
ICC 213
 
Session Chair: Laura Feiveson, Federal Reserve Board
Session type: contributed
 

Corporate Taxes and the Wage Distribution: Effects of the Domestic Production Activities Deduction
By Christine Dobridge; Federal Reserve Board of Governors
Paul Landefeld; Joint Committee on Taxation
Jacob Mortenson; Joint Committee on Taxation, U.S. Congress
   presented by: Christine Dobridge, Federal Reserve Board of Governors
 

High-frequency Spending Responses to the Earned Income Tax Credit
By Aditya Aladangady; Federal Reserve Board
David Cashin; Federal Reserve Board of Governors
Laura Feiveson; Federal Reserve Board
   presented by: Laura Feiveson, Federal Reserve Board
 
Session 6: Competition and Market Outcomes
May 29, 2019 8:45 to 10:30
ICC 234
 
Session Chair: Kihwan Bae, Rutgers University
Session type: contributed
 

Testing the Production Approach to Markup Estimation
By Devesh Raval; Federal Trade Commission
   presented by: Devesh Raval, Federal Trade Commission
 

Reduced Demand Uncertainty and the Sustainability of Collusion: How AI Could Affect Competition
By Jason O'Connor; University of Pittsburgh
Nathan Wilson; Federal Trade Commission
   presented by: Nathan Wilson, Federal Trade Commission
 

Does Competition Lift Deposit Fees for Poor Consumers?: Theory and Empirical Evidence
By Kihwan Bae; Rutgers University
   presented by: Kihwan Bae, Rutgers University
 
Session 7: Credit and Economic Activity
May 29, 2019 11:00 to 12:45
ICC 113
 
Session Chair: Michael Kiley, Board of Governors of the Federal Reserve System
Session type: contributed
 

Credit Supply Decomposition and Real Activity
By Max Littlejohn
   presented by: Max Littlejohn,
 

Mixed Signals: Equilibrium Investment Distortions with Adverse Selection
By Matthew Darst; Board of Governors of the Federal Reserve
Ehraz Refayet; Office of the Comptroller of the Currency
   presented by: Matthew Darst, Board of Governors of the Federal Reserve
 

Designing gaps as early warning indicators: Accuracy, predictive power, and robustness
By Daniel O. Beltran; Federal Reserve Board of Governors
Mohammad Jahan-Parvar; Federal Reserve Board
Fiona Paine
   presented by: Daniel O. Beltran, Federal Reserve Board of Governors
 

Credit Imbalances and Fundamentals: How Central is Monetary Policy to the Credit Cycle?
By Michael Kiley; Board of Governors of the Federal Reserve System
   presented by: Michael Kiley, Board of Governors of the Federal Reserve System
 
Session 8: Sovereign Risk and Default
May 29, 2019 11:00 to 12:45
ICC 119
 
Session Chair: Alexandra Tabova, Federal Reserve Board
Session type: contributed
 

Sovereign Debt Overhang, Expenditure Composition, and Debt Restructurings
[slides]
By Tamon Asonuma; International Monetary Fund
Hyungseok Joo; Wayne State University
   presented by: Tamon Asonuma, International Monetary Fund
 

Preferential Treatment in the Sovereign Debt Market: Evidence from Bond Mutual Funds
By Enrico Mallucci; Federal Reserve Board
Nathan Converse; Federal Reserve Board
   presented by: Enrico Mallucci, Federal Reserve Board
 

Search for Duration: Evidence from Foreign Investment in U.S. Treasuries
By Alexandra Tabova; Federal Reserve Board
   presented by: Alexandra Tabova, Federal Reserve Board
 
Session 9: Central Bank Transparency and Communication
May 29, 2019 11:00 to 12:45
ICC 120
 
Session Chair: Olesya Grishchenko, Federal Reserve Board
Session type: contributed
 

Communications Breakdown: the Transmission of Different Types of ECB Policy Announcements
By Andrew Kane; Duke University
John Rogers; Federal Reserve Board
Bo Sun; Federal Reserve Board
   presented by: John Rogers, Federal Reserve Board
 

Vague Talk in ECB Press Conference: News or Noise?
By Nan Hu; Goethe University Frankfurt
Zexi Sun; Goethe University Frankfurt
   presented by: Nan Hu, Goethe University Frankfurt
 

Central Bank Transparency with a Financial Stability Objective
By David Arseneau; Federal Reserve Board
   presented by: David Arseneau, Federal Reserve Board
 

Gauging the Sentiment of Federal Open Market Committee Communications through the Eyes of the Financial Press
By Michiel De Pooter; Federal Reserve Board of Governors
Olesya Grishchenko; Federal Reserve Board
Brad Strum; Federal Reserve Board
   presented by: Olesya Grishchenko, Federal Reserve Board
 
Session 10: Optimal Monetary Policy
May 29, 2019 11:00 to 12:45
ICC 118
 
Session Chair: Donggyu Lee, University of Maryland, Collge Park
Session type: contributed
 

Strict Inflation Targeting versus Flexible Inflation Targeting: What is the Optimal Monetary Policy Strategy in a Low-income Countries Monetary Union?
By Thierry U. KAME BABILLA; Euro Area Business Cycle Network (EABCN)
   presented by: Thierry U. KAME BABILLA, Euro Area Business Cycle Network (EABCN)
 

Optimal Monetary-Fiscal Policy in the Euro Area Liquidity Crisis
By Pasquale Filiani; Central Bank of Ireland
   presented by: Pasquale Filiani, Central Bank of Ireland
 

The Effects of Monetary Policy on Consumption and Inequality
By Donggyu Lee; University of Maryland, Collge Park
   presented by: Donggyu Lee, University of Maryland, Collge Park
 
Session 11: Human Capital 1
May 29, 2019 11:00 to 12:45
ICC 213
 
Session Chair: James Thomas, Federal Trade Commission
Session type: contributed
 

Selection, Gender and the Impact of Schooling Type in the Dhaka Slums: Much Better Data Matters!
By John Ham; NYU Abu Dhabi & NYU Wagner School
Saima Khan; New York University Abu Dhabi
   presented by: Saima Khan, New York University Abu Dhabi
 

Non-Parametrically Identifying Preferences with Strategic Reports: An Application to Turkish Undergraduate Admissions
By Roman Istomin; PSU
Kala Krishna; The Pennsylvania State University
Sergey Lychagin; Central European University
   presented by: Roman Istomin, PSU
 

What do course offerings imply about university preferences?
By James Thomas; Federal Trade Commission
   presented by: James Thomas, Federal Trade Commission
 
Session 12: Topics in Development Economics
May 29, 2019 11:00 to 12:45
ICC 234
 
Session Chair: YIDAN JIN, Georgetown University
Session type: contributed
 

Mobilization Effects of Multilateral Development Banks
By Chiara Broccolini; Independent Consultant
Giulia Lotti; Inter-American Development Bank
Alessandro Maffioli; Inter-American Development Bank
Andrea Presbitero; International Monetary Fund
Rodolfo Stucchi; Inter-American Development Bank Group
   presented by: Giulia Lotti, Inter-American Development Bank
 

Legal Reforms on Domestic Violence: Evidence from Rwanda
By Deniz Sanin; Georgetown University
   presented by: Deniz Sanin, Georgetown University
 

Text reminders and agricultural loan repayment: Evidence from an experiment in Kenya
By Milan Thomas; Georgetown University
   presented by: Milan Thomas, Georgetown University
 

Are Special Economic Zones Always Beneficial? Evidence From the Spillover Effect
By YIDAN JIN; Georgetown University
Liu Yang; Beihang University
   presented by: YIDAN JIN, Georgetown University
 
Session 13: Debt and Taxes
May 29, 2019 14:15 to 16:00
ICC 113
 
Session Chair: Elizabeth Klee, Federal Reserve Board
Session type: contributed
 

Systematic Tax Policy and the U.S. Business Cycle
By Dario Caldara; Federal Reserve Board
Yagmur Menzilcioglu; Georgetown University
Stella Torres; Georgetown University
Yu Zhu; Georgetown University
   presented by: Yagmur Menzilcioglu, Georgetown University
 

Corporate Tax Cuts and the Decline of the Labor Share
By Baris Kaymak; University of Montreal
Immo Schott; Université de Montréal
   presented by: Immo Schott, Université de Montréal
 

The daily-frequency money premium: Evidence from recent debt limit impasses
By David Cashin; Federal Reserve Board of Governors
Erin Ferris; Federal Reserve Board
Elizabeth Klee; Federal Reserve Board
   presented by: Elizabeth Klee, Federal Reserve Board
 
Session 14: Firms in International Trade
May 29, 2019 14:15 to 16:00
ICC 118
 
Session Chair: Olga Timoshenko, The George Washington University
Session type: contributed
 

Indirect Exporter Dynamics and the Impact on Trade Liberalization
By Parisa Kamali; International Monetary Fund
   presented by: Parisa Kamali, International Monetary Fund
 

The Production Relocation and Price Effects of U.S. Trade Policy: The Case of Washing Machines
By Aaron Flaaen; Federal Reserve Board of Governors
Ali Hortacsu; University of Chicago
Felix Tintelnot; University of Chicago
   presented by: Aaron Flaaen, Federal Reserve Board of Governors
 

Offshoring, R&D and Productivity Growth: Evidence from U.S. Census Microdata
By Ishan Ghosh; Drexel University
   presented by: Ishan Ghosh, Drexel University
 

Uncertainty and Trade Elasticities
By Erick Sager; Federal Reserve Board
Olga Timoshenko; The George Washington University
   presented by: Olga Timoshenko, The George Washington University
 
Session 15: International Spillovers and Exchange Rates
May 29, 2019 14:15 to 16:00
ICC 119
 
Session Chair: Laurie DeMarco, Federal Reserve Board of Governors
Session type: contributed
 

The Role of U.S. Monetary Policy in Global Banking Crises
By Bora Durdu; Federal Reserve Board
Alex Martin; Federal Reserve Board
Ilknur Zer; Federal Reserve Board
   presented by: Ilknur Zer, Federal Reserve Board
 

How does the interaction of macroprudential and monetary policies affect cross-border bank lending?
By Elod Takats; Bank for International Settlements
Judit Temesvary; Federal Reserve Board
   presented by: Judit Temesvary, Federal Reserve Board
 

Dealer Leverage and Exchange Rates: Heterogeneity Across Intermediaries
By Ricardo Correa; Board of Governors of the Federal Reserv
Laurie DeMarco; Federal Reserve Board of Governors
   presented by: Laurie DeMarco, Federal Reserve Board of Governors
 
Session 16: Inflation Expectations and Monetary Policy at the ZLB
May 29, 2019 14:15 to 16:00
ICC 120
 
Session Chair: Eiji Goto, The Geroge Washington University
Session type: contributed
 

Expectations' Anchoring and Inflation Persistence
By Rudolfs Bems; International Monetary Fund
Francesca Caselli; IMF
Francesco Grigoli; International Monetary Fund
Bertrand Gruss; International Monetary Fund
   presented by: Francesco Grigoli, International Monetary Fund
 

Predicting the Distribution of Inflation Expectations: A Machine Learning Perspective
By Yamin Ahmad; University of Wisconsin - Whitewater
   presented by: Yamin Ahmad, University of Wisconsin - Whitewater
 

Central Bank Independence at Low Interest Rates
By Benjamin Garcia; Central Bank of Chile
Arsenios Skaperdas; Federal Reserve Board
   presented by: Arsenios Skaperdas, Federal Reserve Board
 

Sectoral Effects of Unconventional Monetary Policy Under ZLB and its Cross-Country Implications
By Eiji Goto; The Geroge Washington University
   presented by: Eiji Goto, The Geroge Washington University
 
Session 17: Labor Economics
May 29, 2019 14:15 to 16:00
ICC 213
 
Session Chair: Laurent Bossavie, The World Bank
Session type: contributed
 

What Makes Labor Demand Slope Down?
By Yuci Chen; UIUC
   presented by: Yuci Chen, UIUC
 

Gender Segregation in Occupations: Empirical Evidence from a Matching Model with Transfers
By Miriam Larson-Koester
   presented by: Miriam Larson-Koester,
 

Routine-Biased Technological Change and Investment in Human Capital
By Yenan Sun; The State University of New York at Buffalo
   presented by: Yenan Sun, The State University of New York at Buffalo
 

Effects of the post-Rana Plaza responses on garment sector workers in Bangladesh
By Laurent Bossavie; The World Bank
   presented by: Laurent Bossavie, The World Bank
 
Session 18: The Environment, Labor and Housing
May 29, 2019 14:15 to 16:00
ICC 234
 
Session Chair: Maggie Liu, Smith College
Session type: contributed
 

Climate change and internal migration in Brazil: The role of road infrastructure
By Claire Brunel; American University
   presented by: Claire Brunel, American University
 

The Impact of Oil and Gas Extraction on the Housing Market: The Case of Oklahoma
By Shahrzad Ghourchian; Oklahoma City University
   presented by: Shahrzad Ghourchian, Oklahoma City University
 

Has climate change driven structural transformation in India?
By Maggie Liu; Smith College
Yogita Shamdasani; University of Pittsburgh
Vis Taraz; Smith College
   presented by: Maggie Liu, Smith College
 
Session 19: Fiscal Policy Multipliers
May 30, 2019 8:45 to 10:30
ICC 113
 
Session Chair: Cristina Fuentes-Albero, Board of Governors of the Federal Reserve
Session type: contributed
 

Credit Constraints and the Government Spending Multiplier
By Salem Abo-Zaid; University of Maryland-Baltimore County
Ahmed Kamara; Texas A&M University - Corpus Christi
   presented by: Salem Abo-Zaid, University of Maryland-Baltimore County
 

Macroeconomic Effects of Government Spending Shocks: New Narrative Evidence from Canada
By Syed Hussain; James Madison University
Lin Liu; University of Liverpool
   presented by: Syed Hussain, James Madison University
 

The Role of Market Competition in Fiscal Policy Transmission
By Sophia Chen; International Monetary Fund
Yu Shi; International Monetary Fund
   presented by: Yu Shi, International Monetary Fund
 

Households' balance sheets and the effect of fiscal policy
By Javier Andres; University of Valencia
Jose Bosca; University of Valencia
Javier Ferri; University of Valencia
Cristina Fuentes-Albero; Board of Governors of the Federal Reserve
   presented by: Cristina Fuentes-Albero, Board of Governors of the Federal Reserve
 
Session 20: Implications of Trade Policy
May 30, 2019 8:45 to 10:30
ICC 118
 
Session Chair: Justin Pierce, Board of Governors of the Federal Reserv
Session type: contributed
 

Endogenous Transportation Costs
By Jose Asturias; Georgetown University Qatar
   presented by: Jose Asturias, Georgetown University Qatar
 

The Role of Labor Market Entry and Exports in Sorting: Evidence from West Germany
By Benjamin Smith; Federal Trade Commission
   presented by: Benjamin Smith, Federal Trade Commission
 

Are Trade Preferences a Panacea? The African Growth and Opportunity Act and African Exports
By Ana M Fernandes; The World Bank
Alejandro Forero; The World Bank
Hibret Maemir; The World Bank
Aaditya Mattoo; World Bank
   presented by: Ana M Fernandes, The World Bank
 

Did Trade Liberalization with China Influence U.S. Elections?
By Justin Pierce; Board of Governors of the Federal Reserv
   presented by: Justin Pierce, Board of Governors of the Federal Reserv
 
Session 21: Empirical Macroeconomics
May 30, 2019 8:45 to 10:30
ICC 120
 
Session Chair: Michele Modugno, Federal Reserve Board of Governors
Session type: contributed
 

Evaluation of Government Budget Forecasts
By Neil Ericsson; Federal Reserve Board
   presented by: Neil Ericsson, Federal Reserve Board
 

Monetary Shock Measurement and Stock Markets
By Arabinda Basistha; West Virginia University
Richard Startz; University of California, Santa Barbara
   presented by: Arabinda Basistha, West Virginia University
 

Monetary Policy Uncertainty and Monetary Policy Surprises
By Michele Modugno; Federal Reserve Board of Governors
   presented by: Michele Modugno, Federal Reserve Board of Governors
 
Session 22: Macroprudential Policies
May 30, 2019 8:45 to 10:30
ICC 119
 
Session Chair: Ricardo Reyes-Heroles, Federal Reserve Board
Session type: contributed
 

Optimal Macroprudential Policy and Asset Price Bubbles
By Nina Biljanovska; International Monetary Fund
Lucyna Gornicka; International Monetary Fund
Alexandros Vardoulakis; Federal Reserve Board
   presented by: Nina Biljanovska, International Monetary Fund
 

The Impact of Sovereign Default on Lending Countries
By Si Guo; International Monetary Fund
Yun Pei; University at Buffalo, SUNY
   presented by: Yun Pei, University at Buffalo, SUNY
 

Macroprudential Policy in the Presence of External Risks
By Ricardo Reyes-Heroles; Federal Reserve Board
Gabriel Tenorio
   presented by: Ricardo Reyes-Heroles, Federal Reserve Board
 
Session 23: Institutions 1
May 30, 2019 8:45 to 10:30
ICC 213
 
Session Chair: Roger Lagunoff, Georgetown University
Session type: contributed
 

Greasing the Wheels of the Economy: Corruption or Anticorruption? -Evidence from China’s Residential Land Market
By Ming Li; University of Pennsylvania
   presented by: Ming Li, University of Pennsylvania
 

Rich or Alive? Political (In)stability, Political Leader Selection and Economic Growth
By Shu Yu; The World Bank
   presented by: Shu Yu, The World Bank
 

Impact of Local Public-Sector Governance on the Business and Tax Registration Compliance: Evidence from Vietnam
By Anh Pham; George Mason University
   presented by: Anh Pham, George Mason University
 

Autocracies, Consent, and the Dynamics of Property Rights Appropriation
By Roger Lagunoff; Georgetown University
Dan Cao; Georgetown University
   presented by: Roger Lagunoff, Georgetown University
 
Session 24: Inequality
May 30, 2019 8:45 to 10:30
ICC 234
 
Session Chair: Burcu Hacibedel, IMF
Session type: contributed
 

Fisher Effects and Wealth Inequality
By Edmond Berisha; Montclair State University
   presented by: Edmond Berisha, Montclair State University
 

The Political Economy of Inequality, Mobility and Redistribution
By Ignacio Campomanes; National Bureau of Economic Research
   presented by: Ignacio Campomanes, National Bureau of Economic Research
 

Inequality in Good and Bad Times: A Cross-Country Approach
By Burcu Hacibedel; IMF
Priscilla Muthoora; International Monetary Fund
   presented by: Burcu Hacibedel, IMF
 
Session 25: Housing and the Macroeconomy
May 30, 2019 11:00 to 12:45
ICC 113
 
Session Chair: Joaquin Garcia-Cabo, Federal Reserve Board
Session type: contributed
 

Housing choices and their implications for consumption heterogeneity
By Eva de Francisco; Board of Governors
   presented by: Eva De Francisco, Board of Governors of the Federal Reserve Bank
 

House Prices, Frictions, and Excess Consumption Volatility in Emerging Countries
[slides]
By Wonmun Shin; Columbia University
   presented by: Wonmun Shin, Columbia University
 

Leveraged housing and job dynamics during the Great Recession
By Eva De Francisco; Board of Governors of the Federal Reserve Bank
Joaquin Garcia-Cabo; Federal Reserve Board
   presented by: Joaquin Garcia-Cabo, Federal Reserve Board
 
Session 26: Firms and Growth
May 30, 2019 11:00 to 12:45
ICC 118
 
Session Chair: Toshihiko Mukoyama, Georgetown University
Session type: contributed
 

Entry decision, option value of delay and business cycles
By Ia Vardishvili; University of Virginia
   presented by: Ia Vardishvili, University of Virginia
 

What Happened to U.S. Business Dynamism?
By Sina Ates; Federal Reserve Board
Ufuk Akcigit; University of Chicago
   presented by: Sina Ates, Federal Reserve Board
 

Supply Chain Management, Endogenous Production Networks, and Aggregate Fluctuations
By Le Xu; University of Pennsylvania & Federal Reserve Bank of Philadelphia
   presented by: Le Xu, University of Pennsylvania & Federal Reserve Bank of Philadelphia
 

Firm Growth through New Establishments
By Dan Cao; Georgetown University
Henry Hyatt; US Census Bureau
Toshihiko Mukoyama; Georgetown University
Erick Sager; Federal Reserve Board
   presented by: Toshihiko Mukoyama, Georgetown University
 
Session 27: Topics in Macroeconomics
May 30, 2019 11:00 to 12:45
ICC 119
 
Session Chair: Marco Airaudo, Drexel University, LeBow Business School
Session type: contributed
 

The "Privatization" of Municipal Debt
By Ivan Ivanov; Federal Reserve Board
Tom Zimmermann; University of Cologne
   presented by: Ivan Ivanov, Federal Reserve Board
 

Macroeconomic Overheating and Financial Vulnerability
By Seung Jung Lee; Board of Governors of the Federal Reserve System
   presented by: Seung Jung Lee, Board of Governors of the Federal Reserve System
 

Consistent Expectations Equilibria with Imperfect Common Knowledge: Forward Guidance and Other Policy Implications
By Marco Airaudo; Drexel University, LeBow Business School
Ina Hajdini; Drexel University
   presented by: Marco Airaudo, Drexel University, LeBow Business School
 
Session 28: Bank Lending
May 30, 2019 11:00 to 12:45
ICC 120
 
Session Chair: Divya Kirti, IMF
Session type: contributed
 

Does the Capital Market Encourage Small Business Lending by U.S. Banks?
By Xuan Zou; Rutgers University
   presented by: Xuan Zou, Rutgers University
 

The costs and benefits of liquidity regulations: Lessons from an idle monetary policy tool
By Christopher Curfman; Federal Reserve Board
John Kandrac; Federal Reserve Board
   presented by: Christopher Curfman, Federal Reserve Board
 

Bank Deposits and Loans: Asymmetries in the Relationship
By Russell Kashian; University of Wisconsin Whitewater
Jeff Heinrich; Univ. of Wisconsin-Whitewater
Robert Drago; Precision Numerics
   presented by: Jeff Heinrich, Univ. of Wisconsin-Whitewater
 

Lending standards and output growth
By Divya Kirti; IMF
   presented by: Divya Kirti, IMF
 
Session 29: Human Capital 2
May 30, 2019 11:00 to 12:45
ICC 213
 
Session Chair: Madhulika Khanna, Georgetown University
Session type: contributed
 

Parental Income, College Enrollment, and College Completion
By Kyung Min Kang; Johns Hopkins University
   presented by: Kyung Min Kang, Johns Hopkins University
 

Better Parents or Richer Parents: Understanding Intergenerational Transmission of Human Capital
By Aiday Sikhova; University of Wisconsin-Madison
Sven Oskarsson; Uppsala University
Rafael Ahlskog; Uppsala university
   presented by: Aiday Sikhova, University of Wisconsin-Madison
 

The Precocious Period: The Impact of Menarche on School Enrollment in India
By Madhulika Khanna; Georgetown University
   presented by: Madhulika Khanna, Georgetown University
 
Session 30: Energy Markets
May 30, 2019 11:00 to 12:45
ICC 234
 
Session Chair: Christian Bogmans, International Monetary Fund
Session type: contributed
 

Coping with an Environmental Disaster: Evidence from Vietnam
By Ha Nguyen; The World Bank
   presented by: Ha Nguyen, The World Bank
 

Switching cost and deregulation in retail electricity market
By SHERRY XUETING WANG; Columbia University
   presented by: SHERRY XUETING WANG, Columbia University
 

When will Global Energy Demand reach a Saturation Point? a Long-Run Analysis, 1850-2017
By Christian Bogmans; International Monetary Fund
   presented by: Christian Bogmans, International Monetary Fund
 
Session 31: Labor and Lifetime Inequality
May 30, 2019 14:15 to 16:00
ICC 113
 
Session Chair: Omer Koru, University of Pennsylvania
Session type: contributed
 

Sources of Labor Income Inequality: A GE Model of Lifecycle Skill Investment
By Guanyi Yang; St. Lawrence University
   presented by: Guanyi Yang, St. Lawrence University
 

Sources of Lifetime Inequality Revisited
By Carlos Lizama; New York University
   presented by: Carlos Lizama, New York University
 

Intellectual Property Rights, Professional Business Services and Earnings Inequality
By Gorkem Bostanci; University of Pennsylvania
   presented by: Gorkem Bostanci, University of Pennsylvania
 

Automation and Top Income Inequality
By Omer Koru; University of Pennsylvania
   presented by: Omer Koru, University of Pennsylvania
 
Session 32: Spatial Linkages
May 30, 2019 14:15 to 16:00
ICC 118
 
Session Chair: Mike Zabek, Federal Reserve Board
Session type: contributed
 

Spillovers of Regional Housing Market Disruptions during the Great Recession: The Role of Product Replacement by Multi-Market Producers
By Jay Hyun; Columbia University
Ryan Kim; Johns Hopkins University
   presented by: Jay Hyun, Columbia University
 

Value Added and Productivity Linkages Across Countries
By Francois de Soyres; World Bank
   presented by: Francois de Soyres, World Bank
 

Local Ties in Spatial Equilibrium
By Mike Zabek; Federal Reserve Board
   presented by: Mike Zabek, Federal Reserve Board
 
Session 33: Institutions 2
May 30, 2019 14:15 to 16:00
ICC 119
 
Session Chair: Jin Ho Kim, The George Washington University
Session type: contributed
 

Corporate Governance and Phases of Development
By Maurizio Iacopetta; OFCE Sciences Po and Skema Business School
Pietro Peretto; Duke University
   presented by: Maurizio Iacopetta, OFCE Sciences Po and Skema Business School
 

Microcredit from Delayed Bill Payments
By William Violette; Federal Trade Commission
   presented by: William Violette, Federal Trade Commission
 

Minimum Wage, Informality and Economic Development
By Jin Ho Kim; The George Washington University
   presented by: Jin Ho Kim, The George Washington University
 
Session 34: Inflation Expectations and Disagreement
May 30, 2019 14:15 to 16:00
ICC 120
 
Session Chair: Fabian Winkler, Federal Reserve Board
Session type: contributed
 

Microfounded Consistent Expectations in DSGE Models: What Do the Data Say?
By Ina Hajdini; Drexel University
   presented by: Ina Hajdini, Drexel University
 

Disagreement in Consumer Inflation Expectations
By Tomasz Lyziak; National Bank of Poland
Xuguang Simon Sheng; American University
   presented by: Xuguang Simon Sheng, American University
 

A Factor Model of Disagreement
By Edward Herbst; Federal Reserve Board
Fabian Winkler; Federal Reserve Board
   presented by: Fabian Winkler, Federal Reserve Board
 
Session 35: Gender and Family Economics
May 30, 2019 14:15 to 16:00
ICC 213
 
Session Chair: Maria Hernandez de Benito, Georgetown University
Session type: contributed
 

Gender Inequality and Economic Growth: Evidence from Industry-Level Data
By Ata Can Bertay; World Bank
Ljubica Dordevic; International Monetary Fund
Can Sever; University of Maryland
   presented by: Ata Can Bertay, World Bank
 

Marriage Market Responses in the Wake of a Natural Disaster in India
By Shreyasee Das; Temple University
Shatanjaya Dasgupta; Beloit College
   presented by: Shreyasee Das, Temple University
 

Does Marriage Market Respond to Natural Disasters? The Impact of Flooding of River Kosi in Bihar, India
By Nishtha Kochhar; Georgetown University
   presented by: Nishtha Kochhar, Georgetown University
 

Violent Crime and Intrahousehold Bargaining. The Mexican Drug War
By Maria Hernandez de Benito; Georgetown University
   presented by: Maria Hernandez de Benito, Georgetown University
 
Session 36: Urban Economics
May 30, 2019 14:15 to 16:00
ICC 234
 
Session Chair: Daniel Ringo,
Session type: contributed
 

The reallocative effects of mobility restrictions on workers and firms: A West Bank application
By Chiara Fratto; University of Chicago
   presented by: Chiara Fratto, University of Chicago
 

Cash and Crime
By Nestor Gandelman; Universidad ORT Uruguay
Ignacio Munyo; University of Montevideo
Emanuel Schertz; Universidad ORT Uruguay
   presented by: Ignacio Munyo, University of Montevideo
 

Maturation and Risky Behaviors
By Eric Mak; Jinan-Birmingham Joint Institute
   presented by: Eric Mak, Jinan-Birmingham Joint Institute
 

The Propagation of Demand Shocks Through Housing Markets
By Elliot Anenberg; Federal Reserve Board
Daniel Ringo
   presented by: Daniel Ringo,
 

 

Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
1Abo-Zaid, SalemP19
2Ahmad, YaminP16
3Ahn, Hie JooP4, C4
4Airaudo, MarcoP27, C27
5Andreasen, EugeniaP3
6Arseneau, DavidP9
7Asonuma, TamonP8
8Asturias, JoseP20
9Ates, SinaP26
10Bae, KihwanP6, C6
11Basistha, ArabindaP21
12Bürgi, ConstantinP1, C1
13Beltran, Daniel O.P7
14Berisha, EdmondP24
15Bertay, Ata CanP35
16Biljanovska, NinaP22
17Bogmans, ChristianP30, C30
18Bossavie, LaurentP17, C17
19Bostanci, GorkemP31
20Brunel, ClaireP18
21Campomanes, IgnacioP24
22Check, AdamP2, C2
23Chen, YuciP17
24Conti, AntonioP4
25Curfman, ChristopherP28
26Darst, MatthewP7
27Das, ShreyaseeP35
28De Francisco, EvaP25
29de Nicola, FrancescaP3, C3
30de Soyres, FrancoisP32
31DeMarco, LaurieP15, C15
32Demirel, UfukP4
33Dobridge, ChristineP5
34Edison, HaliP2
35Ericsson, NeilP21
36Feiveson, LauraP5, C5
37Fernandes, Ana MP20
38Filiani, PasqualeP10
39Flaaen, AaronP14
40Fratto, ChiaraP36
41Fuentes-Albero, CristinaP19, C19
42Garcia-Cabo, JoaquinP25, C25
43Ghosh, IshanP14
44Ghourchian, ShahrzadP18
45Goto, EijiP16, C16
46Grigoli, FrancescoP16
47Grishchenko, OlesyaP9, C9
48Hacibedel, BurcuP24, C24
49Hajdini, InaP34
50Heinrich, JeffP28
51Hernandez de Benito, MariaP35, C35
52Hu, NanP9
53Hussain, SyedP19
54Hyun, JayP32
55Iacopetta, MaurizioP33
56Istomin, RomanP11
57Ivanov, IvanP27
58JIN, YIDANP12, C12
59Kamali, ParisaP14
60KAME BABILLA, Thierry U.P10
61Kang, Kyung MinP29
62Khan, SaimaP11
63Khanna, MadhulikaP29, C29
64Kiley, MichaelP7, C7
65Kim, Jin HoP33, C33
66Kirti, DivyaP28, C28
67Klee, ElizabethP13, C13
68Kochhar, NishthaP35
69Koru, OmerP31, C31
70Lagunoff, RogerP23, C23
71Larson-Koester, MiriamP17
72Lee, Seung JungP27
73Lee, DonggyuP10, C10
74Li, MingP23
75Littlejohn, MaxP7
76Liu, MaggieP18, C18
77Lizama, CarlosP31
78Lo, MingP2
79Lotti, GiuliaP12
80Mak, EricP36
81Mallucci, EnricoP8
82Menzilcioglu, YagmurP13
83Mimir, YasinP3
84Modugno, MicheleP21, C21
85Mukoyama, ToshihikoP26, C26
86Munyo, IgnacioP36
87Nguyen, HaP30
88Pei, YunP22
89Pham, AnhP23
90Pierce, JustinP20, C20
91Raval, DeveshP6
92Regmi, NarendraP2
93Reyes-Heroles, RicardoP22, C22
94Ringo, DanielP36, C36
95Rogers, JohnP9
96Saenz, Luis FelipeP1
97Sanin, DenizP12
98Schott, ImmoP13
99Sheng, Xuguang SimonP34
100Shi, YuP19
101Shin, WonmunP25
102Shousha, SamerP3
103Sikhova, AidayP29
104Sinha, RishabhP1
105Skaperdas, ArseniosP16
106Smith, BenjaminP20
107Sun, YenanP17
108Tabova, AlexandraP8, C8
109Temesvary, JuditP15
110Thomas, JamesP11, C11
111Thomas, MilanP12
112Timoshenko, OlgaP14, C14
113Vardishvili, IaP26
114Violette, WilliamP33
115WANG, SHERRY XUETINGP30
116Wilson, NathanP6
117Winkler, FabianP34, C34
118Xu, LeP26
119Yang, GuanyiP31
120Yu, ShuP23
121Zabek, MikeP32, C32
122Zer, IlknurP15
123Zou, XuanP28

 

This program was last updated on 2019-05-28 21:39:24 EDT