Midwest Macroeconomics Meetings Spring 2024

Richmond, VA

 
May 17, 2024
 
TimeLocationEvent
 
12:00 to 01:00Federal Reserve Bank of Richmond (Lobby)
Registration, Federal Reserve Bank of Richmond (Lobby)
 
 
13:00 to 14:30see below Parallel Sessions I, Federal Reserve Bank of Richmond (23rd floor)
 
 
14:30 to 15:00Federal Reserve Bank of Richmond (23rd floor)
Break, Federal Reserve Bank of Richmond (23rd floor)
 
 
15:00 to 16:30see below Parallel Sessions II, Federal Reserve Bank of Richmond (23rd floor)
 
 
16:30 to 17:00Federal Reserve Bank of Richmond (23rd floor)
Break, Federal Reserve Bank of Richmond (23rd floor)
 
 
17:00 to 18:00Federal Reserve Bank of Richmond (23rd floor)
Plenary Talk by Nobuhiro Kiyotaki, Federal Reserve Bank of Richmond (23rd floor)
 
 
18:00 to 20:00Federal Reserve Bank of Richmond (23rd floor)
Reception, Federal Reserve Bank of Richmond (23rd floor)
 
 
 
May 18, 2024
 
TimeLocationEvent
 
07:30 to 08:30VCU Snead Hall
Breakfast, VCU Snead Hall
 
 
08:30 to 10:00see below Parallel Sessions III, VCU Snead Hall
 
 
10:00 to 10:30VCU Snead Hall
Break, VCU Snead Hall
 
 
10:30 to 12:00see below Parallel Sessions IV, VCU Snead Hall
 
 
12:00 to 13:00VCU Snead Hall
Lunch, VCU Snead Hall
 
 
13:00 to 14:30see below Parallel Sessions V, VCU Snead Hall
 
 
14:30 to 15:00VCU Snead Hall
Break, VCU Snead Hall
 
 
15:00 to 16:30see below Parallel Sessions VI, VCU Snead Hall
 
 
16:30 to 17:00VCU Snead Hall
Break, VCU Snead Hall
 
 
17:00 to 18:00VCU Snead Hall (Room B1127)
Plenary Talk by Emi Nakamura, VCU Snead Hall (Room B1127)
 
 
18:00 to 20:00VCU Snead Hall
Dinner, VCU Snead Hall
 
 
 
May 19, 2024
 
TimeLocationEvent
 
07:30 to 08:30VCU Snead Hall
Breakfast, VCU Snead Hall
 
 
08:30 to 10:00see below Parallel Sessions VII, VCU Snead Hall
 
 
10:00 to 10:30VCU Snead Hall
Break, VCU Snead Hall
 
 
10:30 to 12:00see below Parallel Sessions VIII, VCU Snead Hall
 
 

 

Program Notes and Index of Sessions

Parallel Sessions I
Locations: click on each session to see location
May 17, 2024 13:00 to 14:30
 
Education and Human Capital, Richmond Fed - Maryland Room
Innovation, Richmond Fed - South Carolina Room
Public Debt and Fiscal Policy, Richmond Fed - North Carolina Room
Sectoral Shocks and Forecasting, Richmond Fed - West Virginia Room
Sovereign Default Risk, Richmond Fed - Virginia Room

Parallel Sessions II
Locations: click on each session to see location
May 17, 2024 15:00 to 16:30
 
Business Cycle Expectations, Richmond Fed - West Virginia Room
Labor Markets and Recessions, Richmond Fed - North Carolina Room
Lifecycle Taxes and Transfers, Richmond Fed - Maryland Room
Market Concentration, Richmond Fed - South Carolina Room
Monetary Policy and Banking, Richmond Fed - Virginia Room

Plenary Talk by Nobuhiro Kiyotaki
Location: Federal Reserve Bank of Richmond (23rd floor)
May 17, 2024 17:00 to 18:00

Parallel Sessions III
Locations: click on each session to see location
May 18, 2024 08:30 to 10:00
 
Financial Markets in New Keynesian Models, VCU Snead Hall - B2121
International Capital Flows, VCU Snead Hall - B2173
International Trade and Environment, VCU Snead Hall - B2113
Macro Dynamics, VCU Snead Hall - B1134
Misallocation, VCU Snead Hall - B2165
Monetary Policy and Inflation, VCU Snead Hall - B2125
Sovereign Debt, VCU Snead Hall - B1121
Intrahousehold Labor Supply, VCU Snead Hall - B1114

Parallel Sessions IV
Locations: click on each session to see location
May 18, 2024 10:30 to 12:00
 
Capital Flows and International Finance Trends, VCU Snead Hall - B2125
Climate, VCU Snead Hall - B2113
Consumption, VCU Snead Hall - B1134
Gender and Employment, VCU Snead Hall - B2121
Information in the Banking Sector, VCU Snead Hall - B2165
Information in the Labor Market, VCU Snead Hall - B1114
Migration and Housing, VCU Snead Hall - B2173
Sovereign Debt Crises, VCU Snead Hall - B1121

Parallel Sessions V
Locations: click on each session to see location
May 18, 2024 13:00 to 14:30
 
Asset Pricing, VCU Snead Hall - B2121
Financial Frictions and Risk Taking, VCU Snead Hall - B2113
Firm Dynamics, VCU Snead Hall - B2125
Human Capital, VCU Snead Hall - B1114
International and Policy, VCU Snead Hall - B2173
Job Ladders, VCU Snead Hall - B2165
Spatial Policy and Growth, VCU Snead Hall - B1121
Taxes and Regulation, VCU Snead Hall - B1134

Parallel Sessions VI
Locations: click on each session to see location
May 18, 2024 15:00 to 16:30
 
Consumer Credit, VCU Snead Hall - B1134
Cyclical Consumption, VCU Snead Hall - B2173
Development, VCU Snead Hall - B2113
Heterogeneous Effects of Monetary Policy, VCU Snead Hall - B2121
Labor Earnings, VCU Snead Hall - B1121
Labor Market Changes, VCU Snead Hall - B1114
Progressive Fiscal Policy, VCU Snead Hall - B2165
Young Firms, VCU Snead Hall - B2125

Plenary Talk by Emi Nakamura
Location: VCU Snead Hall (Room B1127)
May 18, 2024 17:00 to 18:00

Parallel Sessions VII
Locations: click on each session to see location
May 19, 2024 08:30 to 10:00
 
Fiscal and Monetary Policy Interactions, VCU Snead Hall - B1134
Forecasting, VCU Snead Hall - B2113
Human Capital and Family/Marriage Trends, VCU Snead Hall - B2173
Labor Reallocation, VCU Snead Hall - B2165
Lifecycle Dynamics, VCU Snead Hall - B2125
Monetary Policy Estimation, VCU Snead Hall - B1121
Emerging Markets, VCU Snead Hall - B1114
Unemployment in the Business Cycle, VCU Snead Hall - B2121

Parallel Sessions VIII
Locations: click on each session to see location
May 19, 2024 10:30 to 12:00
 
Entry-Level Labor Earnings, VCU Snead Hall - B2125
Firm Productivity in International Trade Markets, VCU Snead Hall - B1121
Housing, VCU Snead Hall - B2121
Human Capital II, VCU Snead Hall - B2173
Inflation Expectations and Forward Guidance, VCU Snead Hall - B1114
Liquidity, Finance, and Business Cycles, VCU Snead Hall - B1134
Macroeconometrics, VCU Snead Hall - B2113
Labor Dynamics over the Business Cycle, VCU Snead Hall - B2165

 

Summary of All Sessions

Click here for an index of all participants

#Date/TimeTypeTitle/LocationPapers
1May 17, 2024
13:00-14:30
contributed Education and Human Capital

    Location: Richmond Fed - Maryland Room

3
2May 17, 2024
13:00-14:30
contributed Innovation

    Location: Richmond Fed - South Carolina Room

3
3May 17, 2024
13:00-14:30
contributed Public Debt and Fiscal Policy

    Location: Richmond Fed - North Carolina Room

3
4May 17, 2024
13:00-14:30
contributed Sectoral Shocks and Forecasting

    Location: Richmond Fed - West Virginia Room

2
5May 17, 2024
13:00-14:30
contributed Sovereign Default Risk

    Location: Richmond Fed - Virginia Room

3
6May 17, 2024
15:00-16:30
contributed Business Cycle Expectations

    Location: Richmond Fed - West Virginia Room

2
7May 17, 2024
15:00-16:30
contributed Labor Markets and Recessions

    Location: Richmond Fed - North Carolina Room

3
8May 17, 2024
15:00-16:30
contributed Lifecycle Taxes and Transfers

    Location: Richmond Fed - Maryland Room

2
9May 17, 2024
15:00-16:30
contributed Market Concentration

    Location: Richmond Fed - South Carolina Room

3
10May 17, 2024
15:00-16:30
contributed Monetary Policy and Banking

    Location: Richmond Fed - Virginia Room

3
11May 18, 2024
8:30-10:00
contributed Financial Markets in New Keynesian Models

    Location: VCU Snead Hall - B2121

3
12May 18, 2024
8:30-10:00
contributed International Capital Flows

    Location: VCU Snead Hall - B2173

3
13May 18, 2024
8:30-10:00
contributed International Trade and Environment

    Location: VCU Snead Hall - B2113

3
14May 18, 2024
8:30-10:00
contributed Macro Dynamics

    Location: VCU Snead Hall - B1134

3
15May 18, 2024
8:30-10:00
contributed Misallocation

    Location: VCU Snead Hall - B2165

3
16May 18, 2024
8:30-10:00
contributed Monetary Policy and Inflation

    Location: VCU Snead Hall - B2125

3
17May 18, 2024
8:30-10:00
contributed Sovereign Debt

    Location: VCU Snead Hall - B1121

3
18May 18, 2024
8:30-10:00
contributed Intrahousehold Labor Supply

    Location: VCU Snead Hall - B1114

3
19May 18, 2024
10:30-12:00
contributed Capital Flows and International Finance Trends

    Location: VCU Snead Hall - B2125

3
20May 18, 2024
10:30-12:00
contributed Climate

    Location: VCU Snead Hall - B2113

3
21May 18, 2024
10:30-12:00
contributed Consumption

    Location: VCU Snead Hall - B1134

3
22May 18, 2024
10:30-12:00
contributed Gender and Employment

    Location: VCU Snead Hall - B2121

3
23May 18, 2024
10:30-12:00
contributed Information in the Banking Sector

    Location: VCU Snead Hall - B2165

3
24May 18, 2024
10:30-12:00
contributed Information in the Labor Market

    Location: VCU Snead Hall - B1114

2
25May 18, 2024
10:30-12:00
contributed Migration and Housing

    Location: VCU Snead Hall - B2173

3
26May 18, 2024
10:30-12:00
contributed Sovereign Debt Crises

    Location: VCU Snead Hall - B1121

3
27May 18, 2024
13:00-14:30
contributed Asset Pricing

    Location: VCU Snead Hall - B2121

3
28May 18, 2024
13:00-14:30
contributed Financial Frictions and Risk Taking

    Location: VCU Snead Hall - B2113

3
29May 18, 2024
13:00-14:30
contributed Firm Dynamics

    Location: VCU Snead Hall - B2125

3
30May 18, 2024
13:00-14:30
contributed Human Capital

    Location: VCU Snead Hall - B1114

3
31May 18, 2024
13:00-14:30
contributed International and Policy

    Location: VCU Snead Hall - B2173

3
32May 18, 2024
13:00-14:30
contributed Job Ladders

    Location: VCU Snead Hall - B2165

3
33May 18, 2024
13:00-14:30
contributed Spatial Policy and Growth

    Location: VCU Snead Hall - B1121

3
34May 18, 2024
13:00-14:30
contributed Taxes and Regulation

    Location: VCU Snead Hall - B1134

3
35May 18, 2024
15:00-16:30
contributed Consumer Credit

    Location: VCU Snead Hall - B1134

3
36May 18, 2024
15:00-16:30
contributed Cyclical Consumption

    Location: VCU Snead Hall - B2173

3
37May 18, 2024
15:00-16:30
contributed Development

    Location: VCU Snead Hall - B2113

3
38May 18, 2024
15:00-16:30
contributed Heterogeneous Effects of Monetary Policy

    Location: VCU Snead Hall - B2121

3
39May 18, 2024
15:00-16:30
contributed Labor Earnings

    Location: VCU Snead Hall - B1121

3
40May 18, 2024
15:00-16:30
contributed Labor Market Changes

    Location: VCU Snead Hall - B1114

3
41May 18, 2024
15:00-16:30
contributed Progressive Fiscal Policy

    Location: VCU Snead Hall - B2165

3
42May 18, 2024
15:00-16:30
contributed Young Firms

    Location: VCU Snead Hall - B2125

3
43May 19, 2024
8:30-10:00
contributed Fiscal and Monetary Policy Interactions

    Location: VCU Snead Hall - B1134

3
44May 19, 2024
8:30-10:00
contributed Forecasting

    Location: VCU Snead Hall - B2113

3
45May 19, 2024
8:30-10:00
contributed Human Capital and Family/Marriage Trends

    Location: VCU Snead Hall - B2173

2
46May 19, 2024
8:30-10:00
contributed Labor Reallocation

    Location: VCU Snead Hall - B2165

3
47May 19, 2024
8:30-10:00
contributed Lifecycle Dynamics

    Location: VCU Snead Hall - B2125

3
48May 19, 2024
8:30-10:00
contributed Monetary Policy Estimation

    Location: VCU Snead Hall - B1121

3
49May 19, 2024
8:30-10:00
contributed Emerging Markets

    Location: VCU Snead Hall - B1114

3
50May 19, 2024
8:30-10:00
contributed Unemployment in the Business Cycle

    Location: VCU Snead Hall - B2121

3
51May 19, 2024
10:30-12:00
contributed Entry-Level Labor Earnings

    Location: VCU Snead Hall - B2125

3
52May 19, 2024
10:30-12:00
contributed Firm Productivity in International Trade Markets

    Location: VCU Snead Hall - B1121

3
53May 19, 2024
10:30-12:00
contributed Housing

    Location: VCU Snead Hall - B2121

3
54May 19, 2024
10:30-12:00
contributed Human Capital II

    Location: VCU Snead Hall - B2173

3
55May 19, 2024
10:30-12:00
contributed Inflation Expectations and Forward Guidance

    Location: VCU Snead Hall - B1114

3
56May 19, 2024
10:30-12:00
contributed Liquidity, Finance, and Business Cycles

    Location: VCU Snead Hall - B1134

3
57May 19, 2024
10:30-12:00
contributed Macroeconometrics

    Location: VCU Snead Hall - B2113

3
58May 19, 2024
10:30-12:00
contributed Labor Dynamics over the Business Cycle

    Location: VCU Snead Hall - B2165

3
 

58 sessions, 169 papers, and 0 presentations with no associated papers


 

Midwest Macroeconomics Meetings Spring 2024

Detailed List of Sessions

 
Session 1: Education and Human Capital
May 17, 2024 13:00 to 14:30
Location: Richmond Fed - Maryland Room
 
Session type: contributed
 

Accounting for the international quantity-quality trade-off
   presented by: Juan Cordoba, Iowa State University
 

Parental Beliefs, Social Learning, and Intergenerational Mobility
   presented by: Nisha Chikhale, University of Wisconsin Madison
 

The equilibrium effects of state-mandated minimum staff-to-child ratios
   presented by: Martin Garcia-Vazquez, University of Minnesota
 
Session 2: Innovation
May 17, 2024 13:00 to 14:30
Location: Richmond Fed - South Carolina Room
 
Session type: contributed
 

Spatial Knowledge Spillovers in R&D and Aggregate Productivity
   presented by: Brian Cevallos Fujiy, U.S. Census Bureau
 

Stockpiling Liquidity to Acquire Innovation
   presented by: Mark Rempel, University of Toronto
 

The macroeconomic implications of the AI economy
   presented by: Pablo Guerron, Boston College
 
Session 3: Public Debt and Fiscal Policy
May 17, 2024 13:00 to 14:30
Location: Richmond Fed - North Carolina Room
 
Session type: contributed
 

Public Debt, Interest Rates and Wealth Inequality
   presented by: William Peterman, Federal Reserve Board of Governors
 

Household Expectations, Consumer Spending, and Government Debt: Causal Evidence from Transaction-Level Data in South Korea
   presented by: Siye Bae, Northwestern U
 

Government Debt Limits and Stabilization Policy
   presented by: Daniel Murphy, University of Virginia
 
Session 4: Sectoral Shocks and Forecasting
May 17, 2024 13:00 to 14:30
Location: Richmond Fed - West Virginia Room
 
Session type: contributed
 

Identifying News Shocks from Forecasts
   presented by: Philip Barrett, International Monetary Fund
 

Network Spillovers versus Common Factors: A Joint-Estimation Approach
   presented by: Jorge Miranda-Pinto, International Monetary Fund and University of Queensland
 
Session 5: Sovereign Default Risk
May 17, 2024 13:00 to 14:30
Location: Richmond Fed - Virginia Room
 
Session type: contributed
 

The Role of International Political Relations on Two Centuries of Sovereign Defaults
   presented by: Ilknur Zer, Federal Reserve Board
 

Sovereign Credit Risk, U.S. Monetary Policy, and the Role of Financial Intermediaries
   presented by: Ram Yamarthy, Federal Reserve Board of Governors
 

The Puzzling Behavior of Spreads during Covid
   presented by: Stelios Fourakis, Johns Hopkins University
 
Session 6: Business Cycle Expectations
May 17, 2024 15:00 to 16:30
Location: Richmond Fed - West Virginia Room
 
Session type: contributed
 

Time-Varying Fiscal Foresight
   presented by: Zhao Han, College of William and Mary
 

Consistent Expectations Equilibria with Imperfect Common Knowledge: Implications for the Forward Guidance
   presented by: Ina Hajdini, Federal Reserve Bank of Cleveland
 
Session 7: Labor Markets and Recessions
May 17, 2024 15:00 to 16:30
Location: Richmond Fed - North Carolina Room
 
Session type: contributed
 

A Labor Market Sorting Model of Scarring and Hysteresis
   presented by: Luca Mazzone, International Monetary Fund
 

Monopsony Power and the Transmission of Monetary Policy
   presented by: Bence Bardoczy, Federal Reserve Board
 

Labor Supply Shocks, Labor Force Entry, and Monetary Policy
   presented by: Willem Van Zandweghe, Federal Reserve Bank of Cleveland
 
Session 8: Lifecycle Taxes and Transfers
May 17, 2024 15:00 to 16:30
Location: Richmond Fed - Maryland Room
 
Session type: contributed
 

Progressive Taxation and the Intergenerational Equity-Efficiency Trade-off
   presented by: Irina Popova, University of Bonn
 

The Welfare Costs of Misinformation
   presented by: Kathleen McKiernan, Vanderbilt University
 
Session 9: Market Concentration
May 17, 2024 15:00 to 16:30
Location: Richmond Fed - South Carolina Room
 
Session type: contributed
 

Local Concentration, National Concentration, and the Spatial Distribution of Markups
   presented by: Jonathan Becker, New York University
 

Monetary Policy Shocks: A Case Against Countercyclical Markups
   presented by: Lukasz Drozd, Federal Reserve Bank of Philadelphia
 

The China Shock, Market Concentration and the U.S. Phillips Curve
   presented by: Melih Firat, International Monetary Fund
 
Session 10: Monetary Policy and Banking
May 17, 2024 15:00 to 16:30
Location: Richmond Fed - Virginia Room
 
Session type: contributed
 

Bank Lending Standards and the U.S. Economy
   presented by: Elijah Broadbent,
 

The fiscal effect of large central bank balance sheets and interest rate policy amplification
   presented by: Joseph Kachovec, Washington University in St. Louis
 

Macroprudential Policy Evaluation
   presented by: Bulent Guler, Indiana University Bloomington
 
Session 11: Financial Markets in New Keynesian Models
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

Monetary Policy with Inelastic Asset Markets
   presented by: Joseph Abadi, Federal Reserve Bank of Philadelphia
 

Monetary policy and endogenous financial crises
   presented by: Frederic Boissay, Bank for International Settlements
 

A Financial New Keynesian Model
   presented by: Tony Zhang, Federal Reserve Board
 
Session 12: International Capital Flows
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

Multilateral Comovement in a New Keynesian World: A Little Trade Goes a Long Way
   presented by: Paul Ho, Federal Reserve Bank of Richmond
 

The Global Financial Cycle Meets Global Imbalances
   presented by: Julien Acalin, International Monetary Fund
 

Uninsurable Income Risk and the Welfare Effects of Reducing Global Imbalances
   presented by: Ayse Dur, North Carolina State University
 
Session 13: International Trade and Environment
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

Spatial effects of diesel taxes: trade and pollution
   presented by: Anna Samodelkina, Arizona State University
 

Global Banks and Climate Disasters
   presented by: Robert Mann, U.S. Treasury
 

Circularity and Growth: A Quantitative Analysis
   presented by: Marcelo Arbex, University of Windsor
 
Session 14: Macro Dynamics
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

On the Economic Mechanics of Warfare
   presented by: Guillaume Vandenbroucke, Federal Reserve Bank of Saint Louis
 

The Monetary Dynamics of Hyperinflation Reconsidered
   presented by: Luca Benati, University of Bern
 

Equilibria, Near Equilibria, and Escapes
   presented by: Noah Williams, University of Miami
 
Session 15: Misallocation
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

Allocating Misallocation: Decomposing Measures of Aggregate Allocative Efficiency
   presented by: Glenn Blackwood, Amherst College
 

Mergers and Acquisitions, Market Power, and Efficiency
   presented by: Filip Milosavljevic, Washington University in St. Louis
 

Measuring Misallocation with Experiments
   presented by: Jeremy Majerovitz, St. Louis Federal Reserve and Washington University in St. Louis
 
Session 16: Monetary Policy and Inflation
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

A monetary policy accordion: Why do central banks from different countries expand and contract together?
   presented by: Parantap Basu, Durham University
 

Fear, Indeterminacy, and Policy Responses
   presented by: Fernando Mendo, PUC Rio de Janeiro
 

Optimal monetary policy under menu costs
   presented by: Basil Halperin, MIT
 
Session 17: Sovereign Debt
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

Sovereign Debt Auctions with Strategic Interactions
   presented by: Ricardo Alves Monteiro, University of Minnesota
 

Expropriation Risk Over the Business Cycle
   presented by: Emircan Yurdagul, Universidad Carlos III de Madrid
 

International Reserve Management under Rollover Crises
   presented by: Mauricio Barbosa Alves, University of Minnesota
 
Session 18: Intrahousehold Labor Supply
May 18, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

School closures, parental labor supply, and time use
   presented by: Ryan Michaels, Federal Reserve Bank of Philadelphia
 

Parental Leave Policies, Fertility, and Labor Supply
   presented by: Minchul Yum, University of Southampton
 

The Impact of Reduced Commuting on Labor Supply and Household Welfare: A Post-Pandemic Analysis
   presented by: Marina Mendes Tavares, International Monetary Fund
 
Session 19: Capital Flows and International Finance Trends
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

Stochastic Volatility in Interest Rates and Trend Cycles
   presented by: Eugenio Rojas, University of Florida
 

Capital Allocation and Firm Dynamics in Small Open Economies
   presented by: Felipe Camelo,
 

Heterogeneous Impact of the Global Financial Cycle
   presented by: Aleksei Oskolkov, The University of Chicago
 
Session 20: Climate
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

Weathering the Storm: Supply Chains and Climate Risk
   presented by: Nicolas Morales, Federal Reserve Bank of Richmond
 

Unequal Climate Policy in an Unequal World
   presented by: Sewon Hur, Federal Reserve Bank of Dallas
 

Clean Growth and Environmental Policies in the Global Economy
   presented by: Wei Xiang, Yale University
 
Session 21: Consumption
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

The Macroeconomic Effects of Cash Transfers: Evidence from Brazil
   presented by: Arthur Mendes, World Bank
 

Consumption Partial Insurance in the Presence of Tail Income Risk
   presented by: Alexandros Theloudis, Tilburg University
 

Structural Transformation or Marketization? The Role of Household Production in Consumption Expenditure
   presented by: Benjamin Bridgman, U.S. Bureau of Economic Analysis
 
Session 22: Gender and Employment
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

Changing Preferences of Married Women and the Gender Wage Gap
   presented by: Sena Coskun, University of Nuremberg, Institute for Employment Research (IAB)
 

From Trend to Cycle: the Changing Careers of Married Women and Business Cycle Risk
   presented by: Kathrin Ellieroth, Colby College
 

Determining Gender Differences in Education and Labor Market Outcomes
   presented by: Carla Varona-Cervantes, Central Bank of Chile
 
Session 23: Information in the Banking Sector
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

Who Needs Banks?
   presented by: Erwan Quintin, Wisconsin Business School
 

The Informational Centrality of Banks
   presented by: Nathan Foley-Fisher, Federal Reserve Board
 

The Information Advantage of Banks: Evidence from Their Private Credit Assessments
   presented by: Cooper Howes, Federal Reserve Board
 
Session 24: Information in the Labor Market
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

Worker Mobility, Knowledge Diffusion, and Non-Compete Contracts
   presented by: Jingnan Liu, University of Wisconsin-Madison
 

Search for a Theory of Minimum Wage Policy: The Role of Cross-Market Spillover and Equilibrium-Sorting Compositional Effects
   presented by: Ping Wang, Washington University in St. Louis
 
Session 25: Migration and Housing
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

UNPACKING MOVING: A Quantitative Spatial Equilibrium Model with Wealth
   presented by: Nuno Paixao, Bank of Canada
 

Moving Cost Magnitudes in Moving Cost Models
   presented by: Greg Howard, University of Illinois
 

The Great Reshuffle: Residential Sorting During the Covid-19 Pandemic and Its Welfare Implications
   presented by: Wenli Li, Philadelphia Fed
 
Session 26: Sovereign Debt Crises
May 18, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

Sovereign Debt Crises and Monetary Policy
   presented by: Carlos Bolivar Herrera, University of Minnesota
 

A Theory of Sovereign Bond Safety: Country Size and Equity Rebalancing
   presented by: Chang He, University of California, Los Angeles (UCLA)
 

Fiscal Austerity and Sovereign Debt Restructurings
   presented by: Tamon Asonuma, International Monetary Fund
 
Session 27: Asset Pricing
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

Capital Gains Taxation, Learning and Bubbles
   presented by: Pau Belda, Federal Reserve Board
 

The Return of Return Dominance: Decomposing the Cross-Section of Prices
   presented by: Sean Myers, The Wharton School
 

What Does the Market Think?
   presented by: Leland Farmer, University of Virginia
 
Session 28: Financial Frictions and Risk Taking
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

A Static Capital Buffer is Hard To Beat
   presented by: Arsenii Mishin, HSE University
 

Disclosure Regulation, Intangible Capital and the Disappearance of Public Firms
   presented by: Sergio Villalvazo, Federal Reserve Board of Governors
 

Model uncertainty as partial-identification problems: Application to policy promises during crises
   presented by: KENJI WADA, NEW YORK UNIVERSITY
 
Session 29: Firm Dynamics
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

Non Linear Dividend Taxation and Shareholder Disagreement
   presented by: Eva Carceles-Poveda, Stony Brook
 

Collateral Choice and Credit Market Frictions
   presented by: Marios Karabarbounis, Federal Reserve Bank of Richmond
 

On Commercial Construction Activity's Long and Variable Lags
   presented by: Robert Kurtzman, Board of Governors of the Federal Reserve
 
Session 30: Human Capital
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

The Macroeconomic Consequences of Parental Investment Competition for College Admissions
   presented by: Lichen Zhang, University of Hong Kong
 

Causes and Consequences of Student-College Mismatch
   presented by: Lutz Hendricks, UNC Chapel Hill
 

College Admissions and the (Mis)Allocation of Talent
   presented by: Ricardo Marto, Federal Reserve Bank of St. Louis
 
Session 31: International and Policy
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

Trade Risk and Food Security
   presented by: Fernando Leibovici, Federal Reserve Bank of St. Louis
 

Inequality, Redistribution and Optimal Trade Policy: A Public Finance Approach
   presented by: Roozbeh Hosseini, University of Georgia
 

Heterogeneous Agents Dynamic Spatial General Equilibrium
   presented by: Maximiliano Dvorkin, Federal Reserve Bank of St. Louis
 
Session 32: Job Ladders
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

Internal and External Labor Markets and Declining Dynamism
   presented by: Sadhika Bagga, Columbia University
 

The Churn Ladder
   presented by: Lawrence Warren, U.S. Census Bureau
 

Garicano Meet DMP: the Role of Internal Labor Market in Wage Inequality
   presented by: Xinyi Peng, University of Wisconsin-Madison
 
Session 33: Spatial Policy and Growth
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

The push of big city prices and the pull of small town amenities
   presented by: Jeffrey Brinkman, Federal Reserve Bank of Philadelphia
 

Unpacking Aggregate Welfare in a Spatial Economy
   presented by: Masao Fukui, Boston University
 

A dynamic spatial knowledge economy
   presented by: Levi Crews, Princeton University
 
Session 34: Taxes and Regulation
May 18, 2024 13:00 to 14:30
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

international trade and macroeconomic dynamics with economic sanctions
   presented by: Daisoon Kim, North Carolina State University
 

Tax Heterogeneity and Misallocation
   presented by: Baris Kaymak, Federal Reserve Bank of Cleveland
 

Costly Increases in Public Debt when r < g
   presented by: Yongquan Cao, IMF
 
Session 35: Consumer Credit
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

Delinquency Puzzle
   presented by: Igor Livshits, Federal Reserve Bank of Philadelphia
 

Consumer Loans, Heterogeneous Interest Rates, and Inequality
   presented by: Cezar Santos, Inter-American Development Bank
 

Financial Technology and the Transmission of Monetary Policy: The Role of Social Networks
   presented by: Xiaoqing Zhou, Federal Reserve Bank of Dallas
 
Session 36: Cyclical Consumption
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

Durables and Size-Dependence in the Marginal Propensity to Spend
   presented by: Nathan Zorzi, Dartmouth
 

Non-essential Business Cycles
   presented by: Natalie Rickard, LBS
 

Robust Consumption Inference: extracting recession expectations from a restricted consumption basket
   presented by: Kieran Larkin, Stockholm University
 
Session 37: Development
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

Mismatch and Assimilation
   presented by: Russell Wong, Federal Reserve Bank of Richmond
 

Food Security Risk and Structural Transformation
   presented by: Chaoran Chen, York University
 

Trade, Conflict, and the Reorganization of Rwandan Agriculture
   presented by: Wyatt Brooks, Arizona State University
 
Session 38: Heterogeneous Effects of Monetary Policy
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

Information Acquisition and Price Setting under Uncertainty: New Survey Evidence
   presented by: cheng chen, Clemson University
 

Estimating Macroeconomic News and Surprise Shocks
   presented by: Alexander Richter, Federal Reserve Bank of Dallas
 

How Monetary Policy Redistributes
   presented by: Sean McCrary, Ohio State University
 
Session 39: Labor Earnings
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

Earnings Loss upon Job Loss and Monetary Policy
   presented by: Makoto Nakajima, Federal Reserve Bank of Philadelphia
 

Employment Contracts for Earnings and Hours
   presented by: Kevin Hunt, University of Wisconsin-Madison
 

Local Unemployment, Worker Mobility and Labor Market Outcomes: Evidence from Germany
   presented by: Johannes Weber, University of Bonn
 
Session 40: Labor Market Changes
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

The Evolution of Lifetime Hours and the Gender Wage Gap
   presented by: Oksana Leukhina, FRB-St Louis
 

The decline of the labor share in India.
   presented by: Anjali Sinha, Stony Brook University
 

Rising income risk at the top and falling interest rates
   presented by: Michael Nattinger, University of Wisconsin - Madison
 
Session 41: Progressive Fiscal Policy
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

Robust bounds on optimal tax progressivity
   presented by: Jaroslav Borovicka, New York University
 

Taxing the Rich
   presented by: Sergio Salgado Ibanez, The Wharton School, University of Pennsy
 

Labor Market Fluidity, Skill Accumulation and the Insurance Effects from Taxes
   presented by: German Cubas, University of Houston
 
Session 42: Young Firms
May 18, 2024 15:00 to 16:30
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

The Outside Options of Entrepreneurs
   presented by: Eugene Tan, University of Toronto
 

Dynamics of High-Growth Young Firms and the Role of Venture Capitalists
   presented by: Yoshiki Ando, University of Pennsylvania
 

Product Switching and Young Firm Dynamics
   presented by: Seula Kim, Princeton University
 
Session 43: Fiscal and Monetary Policy Interactions
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

Fiscal Dominance
   presented by: Fernando Martin, Federal Reserve Bank of St. Louis
 

Idiosyncratic Risk, Government Debt and Inflation
   presented by: Matthias Hänsel, Stockholm School of Economics
 

Unemployment and the State-Dependent Effects of Monetary Policy
   presented by: Eva Janssens, Federal Reserve Board
 
Session 44: Forecasting
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

Macroeconomic Expectations and Cognitive Noise
   presented by: Yeji Sung, Federal Reserve Bank of San Francisco
 

Partisan Bias in Professional Macroeconomic Forecasts
   presented by: Aeimit Lakdawala, Wake Forest University
 

The persistence of local employment
   presented by: Thorsten Drautzburg, Federal Reserve Bank of Philadelphia
 
Session 45: Human Capital and Family/Marriage Trends
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

Segregation and Sorting of U.S. Households: Who Marries Whom and Where?
   presented by: Davide Alonzo, Université de Montréal
 

Staying together forever? Life-cycle effects of overoptimistic couples.
   presented by: Ursula Berresheim, University of Mannheim
 
Session 46: Labor Reallocation
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

The Effect of Software Adoption on Skill Demand and Wage Inequality
   presented by: Zara Contractor, Middlebury College
 

Skill Biased Reallocation
   presented by: Fergal Hanks, Northwestern University
 

The Long-term Decline of the U.S. Job Ladder
   presented by: Daniele Caratelli, Department of the Treasury
 
Session 47: Lifecycle Dynamics
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

Baby Boom and Income Bust: Demographics and Lifetime Income
   presented by: Laura Murphy, Northwestern University
 

Exercise or Extra Fries? How Behavior Impacts Health Over the Life Cycle
   presented by: Ray Miller, Colorado State University
 

End-of-Life Liquidity
   presented by: Neha Bairoliya, University of Southern California
 
Session 48: Monetary Policy Estimation
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

Estimating The Missing Intercept
   presented by: Felipe Schwartzman, Federal Reserve Bank of Richmond
 

Monetary Policy Shocks: Data or Methods?
   presented by: Margaret Jacobson, Federal Reserve Board
 

What about Japan?
   presented by: YiLi Chien, Federal Reserve Bank of St. Louis
 
Session 49: Emerging Markets
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

Sovereign Debt Sustainability and Redistribution
   presented by: Monica Tran-Xuan, University at Buffalo
 

Fiscal Cyclicality and the Information Channel of Government Spending shocks
   presented by: Siming Liu, Binghamton University
 

The Consequences of Financial Center Conditions for Emerging Market Sovereigns
   presented by: Gabriel Mihalache, The Ohio State University
 
Session 50: Unemployment in the Business Cycle
May 19, 2024 8:30 to 10:00
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

The Cross-Section of Labor Dynamics After a Foreign Shock
   presented by: Mario Giarda, Banco Central de Chile
 

The Participation Margin and the Composition of Unemployment
   presented by: Sujan Bandyopadhyay, Arizona State University
 

The Impact of Unemployment Insurance and Unsecured Credit on Business Cycles
   presented by: Michael Irwin, The Bank of Canada
 
Session 51: Entry-Level Labor Earnings
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2125
 
Session type: contributed
 

Demographics and Productivity
   presented by: Pedro Silos, Temple University
 

How much work experience do you need to get your first job? The macroeconomic implications of bias against labor market entrants
   presented by: Ioannis Kospentaris, Athens University of Economics & Business
 

Why do low-skill workers sign non-compete agreements? Perceived immobility and labor market experience
   presented by: Tristan Potter, Drexel University
 
Session 52: Firm Productivity in International Trade Markets
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1121
 
Session type: contributed
 

Responding to a Sudden Stop in Firm Financing: Government or Market? Or Both? Lessons from the COVID Shock
   presented by: Miguel Acosta-Henao, Central Bank of Chile
 

Superstars or Supervillains? Large Firms in the South Korean Growth Miracle
   presented by: Younghun Shim, IMF
 

Input price dispersion across buyers and misallocation
   presented by: Marco Rojas, Banco Central de Chile
 
Session 53: Housing
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2121
 
Session type: contributed
 

New Residential Investment and Gentrification
   presented by: Luis Baldomero-Quintana, William & Mary
 

Mortgages, Monetary Policy, and the Great Inflation of 2021-?
   presented by: Aaron Hedlund, Purdue University
 

The historical roots of lending discrimination
   presented by: Horacio Sapriza, Federal Reserve Bank of Richmond
 
Session 54: Human Capital II
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2173
 
Session type: contributed
 

Occupational Choices, Human Capital, and Cross-Country Income Differences
   presented by: Jan Grobovsek, University of Edinburgh
 

Third-Country Effects of U.S. Immigration Policy
   presented by: Xing Guo, Bank of Canada
 

Dynamic Monopsony and Human Capital
   presented by: William Jungerman, University of Minnesota
 
Session 55: Inflation Expectations and Forward Guidance
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1114
 
Session type: contributed
 

The Inflation Attention Threshold and Inflation Surges
   presented by: Oliver Pfäuti, The University of Texas at Austin
 

Inflation Disagreements and the Transmission of Monetary Policy
   presented by: Ding Dong, The Hong Kong University of Science and Technology
 

Is There a Forward Guidance Puzzle?
   presented by: Giovanni Nicolo, Federal Reserve Board
 
Session 56: Liquidity, Finance, and Business Cycles
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B1134
 
Session type: contributed
 

Asset Safety and Liquidity over the Business Cycle
   presented by: Hugo van Buggenum, ETH Zurich
 

Global Flight to Safety, Business Cycles, and the Dollar
   presented by: Pablo Cuba-Borda, Federal Reserve Board
 

The Evolution of Global Inflation through the COVID-19 Pandemic
   presented by: Chris Otrok, Federal Reserve Bank of Dallas
 
Session 57: Macroeconometrics
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2113
 
Session type: contributed
 

Asymmetric Violations of the Spanning Hypothesis
   presented by: Raul Riva, Kellogg School, Northwestern University
 

Inference in Time-Varying SVARs Identified with Sign Restrictions
   presented by: Jonas Arias, Federal Reserve Bank of Philadelphia
 

The 283 Days of Stock Returns after the 2016 Election
   presented by: Daniel Soques, University of North Carolina Wilmington
 
Session 58: Labor Dynamics over the Business Cycle
May 19, 2024 10:30 to 12:00
Location: VCU Snead Hall - B2165
 
Session type: contributed
 

Screening, churning, and worker flows in a dual labor market
   presented by: Felicien Goudou, Wayne State University
 

Unequal Recovery from Recessions: Skills Learning Among Young Workers
   presented by: Yang Xuan, Stony Brook University
 

Labor Participation, Human Capital Accumulation, and the Business Cycle
   presented by: Rosemary Kaiser, Rutgers University
 

 

Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
2Abadi, JosephP11
3Acalin, JulienP12
4Acosta-Henao, MiguelP52
5Alonzo, DavideP45
6Alves Monteiro, RicardoP17
7Ando, YoshikiP42
8Arbex, MarceloP13
9Arias, JonasP57
10Asonuma, TamonP26
11Bae, SiyeP3
12Bagga, SadhikaP32
13Bairoliya, NehaP47
14Baldomero-Quintana, LuisP53
15Bandyopadhyay, SujanP50
16Barbosa Alves, MauricioP17
17Bardoczy, BenceP7
18Barrett, PhilipP4
19Basu, ParantapP16
20Becker, JonathanP9
21Belda, PauP27
22Benati, LucaP14
23Berresheim, UrsulaP45
24Blackwood, GlennP15
25Boissay, FredericP11
26Bolivar Herrera, CarlosP26
27Borovicka, JaroslavP41
28Bridgman, BenjaminP21
29Brinkman, JeffreyP33
30Broadbent, ElijahP10
31Brooks, WyattP37
32Camelo, FelipeP19
33Cao, YongquanP34
34Caratelli, DanieleP46
35Carceles-Poveda, EvaP29
36Cevallos Fujiy, BrianP2
37Chen, ChaoranP37
38chen, chengP38
39Chien, YiLiP48
40Chikhale, NishaP1
41Contractor, ZaraP46
42Cordoba, JuanP1
43Coskun, SenaP22
44Crews, LeviP33
45Cuba-Borda, PabloP56
46Cubas, GermanP41
47Dong, DingP55
48Drautzburg, ThorstenP44
49Drozd, LukaszP9
50Dur, AyseP12
51Dvorkin, MaximilianoP31
52Ellieroth, KathrinP22
53Farmer, LelandP27
54Firat, MelihP9
55Foley-Fisher, NathanP23
56Fourakis, SteliosP5
57Fukui, MasaoP33
58Garcia-Vazquez, MartinP1
59Giarda, MarioP50
60Goudou, FelicienP58
61Grobovsek, JanP54
62Guerron, PabloP2
63Guler, BulentP10
64Guo, XingP54
65Hajdini, InaP6
66Halperin, BasilP16
67Han, ZhaoP6
68Hanks, FergalP46
69Hänsel, MatthiasP43
70He, ChangP26
71Hedlund, AaronP53
72Hendricks, LutzP30
73Ho, PaulP12
74Hosseini, RoozbehP31
75Howard, GregP25
76Howes, CooperP23
77Hunt, KevinP39
78Hur, SewonP20
79Irwin, MichaelP50
80Jacobson, MargaretP48
81Janssens, EvaP43
82Jungerman, WilliamP54
83Kachovec, JosephP10
84Kaiser, RosemaryP58
85Karabarbounis, MariosP29
86Kaymak, BarisP34
87Kim, DaisoonP34
88Kim, SeulaP42
89Kospentaris, IoannisP51
90Kurtzman, RobertP29
91Lakdawala, AeimitP44
92Larkin, KieranP36
93Leibovici, FernandoP31
94Leukhina, OksanaP40
95Li, WenliP25
96Liu, SimingP49
97Liu, JingnanP24
98Livshits, IgorP35
99Majerovitz, JeremyP15
100Mann, RobertP13
101Martin, FernandoP43
102Marto, RicardoP30
103Mazzone, LucaP7
104McCrary, SeanP38
105McKiernan, KathleenP8
106Mendes, ArthurP21
107Mendes Tavares, MarinaP18
108Mendo, FernandoP16
109Michaels, RyanP18
110Mihalache, GabrielP49
111Miller, RayP47
112Milosavljevic, FilipP15
113Miranda-Pinto, JorgeP4
114Mishin, ArseniiP28
115Morales, NicolasP20
116Murphy, LauraP47
117Murphy, DanielP3
118Myers, SeanP27
119Nakajima, MakotoP39
120Nattinger, MichaelP40
121Nicolo, GiovanniP55
122Oskolkov, AlekseiP19
123Otrok, ChrisP56
124Paixao, NunoP25
125Peng, XinyiP32
126Peterman, WilliamP3
127Pfäuti, OliverP55
128Popova, IrinaP8
129Potter, TristanP51
130Quintin, ErwanP23
131Rempel, MarkP2
132Richter, AlexanderP38
133Rickard, NatalieP36
134Riva, RaulP57
135Rojas, EugenioP19
136Rojas, MarcoP52
137Salgado Ibanez, SergioP41
138Samodelkina, AnnaP13
139Santos, CezarP35
140Sapriza, HoracioP53
141Schwartzman, FelipeP48
142Shim, YounghunP52
143Silos, PedroP51
144Sinha, AnjaliP40
145Soques, DanielP57
146Sung, YejiP44
147Tan, EugeneP42
148Theloudis, AlexandrosP21
149Tran-Xuan, MonicaP49
150van Buggenum, HugoP56
151Van Zandweghe, WillemP7
152Vandenbroucke, GuillaumeP14
153Varona-Cervantes, CarlaP22
154Villalvazo, SergioP28
155WADA, KENJIP28
156Wang, PingP24
157Warren, LawrenceP32
158Weber, JohannesP39
159Williams, NoahP14
160Wong, RussellP37
161Xiang, WeiP20
162Xuan, YangP58
163Yamarthy, RamP5
164Yum, MinchulP18
165Yurdagul, EmircanP17
166Zer, IlknurP5
167Zhang, TonyP11
168Zhang, LichenP30
169Zhou, XiaoqingP35
170Zorzi, NathanP36

 

This program was last updated on 2024-05-17 21:26:02 EDT