Society for Economic Dynamics Annual Meeting

Copenhagen

 
June 26, 2025
 
TimeLocationEvent
 
09:00 to 10:30see below Parallel Session I
 
 
11:00 to 12:30see below Parallel Session II
 
 
13:30 to 15:00see below Parallel Session III
 
 
15:30 to 17:00see below Parallel Session IV
 
 
17:20 to 18:2034.0.01
Francisco Buera Plenary
 
 
 
June 27, 2025
 
TimeLocationEvent
 
09:00 to 10:30see below Parallel Session I
 
 
11:00 to 12:30see below Parallel Session II
 
 
13:30 to 15:00see below Parallel Session III
 
 
15:30 to 17:00see below Parallel Session IV
 
 
17:20 to 18:2034.0.01
Aysegul Sahin Plenary
 
 
 
June 28, 2025
 
TimeLocationEvent
 
09:00 to 10:30see below Parallel Session I
 
 
11:00 to 12:30see below Parallel Session II
 
 
13:30 to 15:00see below Parallel Session III
 
 
15:30 to 17:00see below Parallel Session IV
 
 
17:20 to 18:2034.0.01
Ariel Burstein Plenary
 
 

 

Program Notes and Index of Sessions

Parallel Session I
Locations: click on each session to see location
June 26, 2025 09:00 to 10:30
 
Automation, 18.01.11
Multinational Firms in International Trade, 7.0.34
Macro Finance, 4.1.24
Macro Public Finance, 15.3.01
International Macroeconomics, 5.0.28
Sovereign Debt and Fiscal Policy, 4.1.36
Entrepreneurship and Firm Growth, 7.0.18
The Micro and Macro of Labor Markets, 7.0.22
Family Macro, 7.0.28
Heterogeneity and Policy, 7.0.40
Urban Macroeconomics, 4.1.30
Macroeconomic Theory, 7.0.08
Trade Policy, 7.0.01
Trade and monetary policy, 4.0.02

Parallel Session II
Locations: click on each session to see location
June 26, 2025 11:00 to 12:30
 
AI and the Economy, 18.01.11
International Capital Flows , 7.0.08
Trade and Environmental, 7.0.22
Top Wealth Inequality, 4.1.24
Firm Financing and Investment, 7.0.28
Wages and Sectors of Work, 5.0.28
Monetary-fiscal interactions, 15.3.01
The Economics of Innovation, 7.0.40
Macroeconomics of Green Transition, 7.0.18
Migration and Development, 7.0.34
Expectations and MPCs, 4.1.30
Exchange Rate Pass-Through, 7.0.01
Beliefs, information and portfolio choice, 4.0.02
Cyclical Income Risk, 4.1.36

Parallel Session III
Locations: click on each session to see location
June 26, 2025 13:30 to 15:00
 
Data and Firm Performance, 4.1.24
Self-Employment: Drivers and Consequences, 7.0.40
Sufficient Statistics in Macro-Finance, 18.01.11
Firms and Wages, 7.0.18
Production Network, 15.3.01
On the mechanics of inflation, 4.1.30
Family and gender in Macro, 4.1.36
Risk, Growth, and Education, 7.0.34
HANK and Business Cycles, 5.0.28
Growth and Degrowth, 7.0.22
The Macroeconomic Consequences of Innovation, Market Power, and Government R&D, 7.0.08
Cross-Border Financial Flows, 4.0.02
Beliefs and Forecasting, 7.0.28
Uncertainty and Supply Chains, 7.0.01

Parallel Session IV
Locations: click on each session to see location
June 26, 2025 15:30 to 17:00
 
IO in Macro/Trade, 5.0.28
Consumption patterns and structural change, 4.1.30
Frictional Labor Market, 18.01.11
College Attainment, Health, and Inequality, 7.0.28
Regulation, Informality, and Firm Dynamics: Implications for Growth and Producti..., 4.1.36
Redistributive Policy, 7.0.34
Economic fluctuations, earnings, and housing, 7.0.18
Macroeconomic Effects of Supply Chain Disruptions, 7.0.22
International macro-finance, 4.1.24
Labor Heterogeneity: Occupations and Reallocation, 7.0.40
Monetary Policy and Unanchored Expectations, 7.0.08
Environmental policy and misallocation, 4.0.02
Banking, 7.0.01
Heterogeneous agents , 15.3.01

Francisco Buera Plenary
Location: 34.0.01
June 26, 2025 17:20 to 18:20

Parallel Session I
Locations: click on each session to see location
June 27, 2025 09:00 to 10:30
 
Weak Links, Product Choice and Misallocation, 4.1.36
Implications of Divorce on Household Behavior, 7.0.18
Of workers and firms, 4.1.24
Firms' Product and Technology Choices, 7.0.22
Inflation Dynamics with Networks and Firm Heterogeneity, 18.01.11
Green Macro Finance, 7.0.28
Monetary policy and credit markets , 15.3.01
Labor and Development, 7.0.40
Banks, 7.0.08
Economics of AI, 5.0.28
Inflation Dynamics, 7.0.01
Human capital accumulation, 4.0.02
Incomplete Markets and Stabilization, 7.0.34
Macro Perspectives on History and Growth, 4.1.30

Parallel Session II
Locations: click on each session to see location
June 27, 2025 11:00 to 12:30
 
Income dynamics and inequality , 7.0.22
Firms and the Macroeconomy, 18.01.11
Production scale and scope, 4.1.24
International Macro and Growth, 5.0.28
Wage and Price Inflation, 7.0.28
Credit cards and debt, 7.0.40
Capital Accumulation in Production Networks, 4.1.30
Topics in Monetary Policy, 4.1.36
Information, Expectations, and Macroeconomic Shocks, 7.0.34
Welfare Costs of Inflation, 15.3.01
Family economics, 7.0.08
Exchange rate passthrough, 7.0.01
Distortions, subsidies and agricultural productivity, 4.0.02
Multidimensional screening, 7.0.18

Parallel Session III
Locations: click on each session to see location
June 27, 2025 13:30 to 15:00
 
Nature v Nurture, 4.1.30
Markups and Innovation Through a Financial Lens, 18.01.11
Factor Market Impacts of Climate Change, 4.1.36
International finance in emerging markets, 5.0.28
Technology, Innovation, and Growth, 15.3.01
Career Mobility and Job Dynamics, 7.0.34
Mortgages and consumption, 7.0.18
Cross-Sectional Heterogeneity and Distributional Effects, 7.0.22
The Fiscal Channel of Monetary Policy, 7.0.28
Heterogeneous Expectations, 7.0.40
Growth, trade and firms, 7.0.01
Risk and development, 4.0.02
Responses to Aggregate Shocks, 7.0.08
Real state and capital in space, 4.1.24

Parallel Session IV
Locations: click on each session to see location
June 27, 2025 15:30 to 17:00
 
Labor and Development, 4.0.02
Sovereign Debt II, 15.3.01
Tariffs: positive and normative analysis, 7.0.34
Firm Dynamics: Growth, Finance, and Ownership, 18.01.11
Imperfect Information in Labor and Product Markets, 7.0.18
Spatial Environmental Policies, 7.0.22
Unemployment and Policy, 7.0.28
Determinants of Worker Wages, 7.0.40
Executive Compensation, 7.0.08
Monetary-Fiscal Interactions II, 4.1.24
Inflation Risk, 5.0.28
R&D investment and growth, 4.1.36
Technology and trade, 4.1.30
Consumption and Heterogenous Agents, 7.0.01

Aysegul Sahin Plenary
Location: 34.0.01
June 27, 2025 17:20 to 18:20

Parallel Session I
Locations: click on each session to see location
June 28, 2025 09:00 to 10:30
 
Trade and Development, 18.01.11
Network Formation and Propagation of Shocks, 7.0.34
Structural Shifts in Growth: Sectoral Change, Automation, and Intangible Capital, 4.1.24
Lumpy Macroeconomics, 5.0.28
Inflation and misallocation, 4.1.30
Monetary Theory, 7.0.28
Climate Policy, 7.0.40
Credit, Propagation, and Stabilization, 15.3.01
The economics of shutdown and recovery, 7.0.08
Wealth Taxation, 4.1.36
Idea diffusion, 7.0.01
Labor markets across countries, 7.0.18
Economics of Natural Disasters, 4.0.02
Inflation and Price Setting, 7.0.22

Parallel Session II
Locations: click on each session to see location
June 28, 2025 11:00 to 12:30
 
Macro effects of mergers, 7.0.18
Appropriate Technologies and Diffusion, 7.0.22
Advances in technology measurement , 7.0.01
Firms, Jobs, and the Gender Wage Gap, 7.0.40
Dynamic Spatial General Equilibrium , 7.0.08
Climate Change and Macroeconomic Policies, 18.01.11
Household finance and savings, 7.0.34
Labor Market Dynamics, 4.1.30
Wage and Price Dispersion, 15.3.01
Trade and Market Dynamics, 4.1.24
Precautionary Savings and Business Cycles, 4.1.36
Redistribution and Welfare, 7.0.28
Investment dynamics and development, 4.0.02
Labor markets and development, 5.0.28

Parallel Session III
Locations: click on each session to see location
June 28, 2025 13:30 to 15:00
 
Firm Heterogeneity in International Macro, 7.0.34
Housing and Spatial: Macro Perspectives, 18.01.11
Labor Market Sorting, 4.1.24
Life-cycle savings and labor market decisions, 7.0.18
The impact of new technologies, 5.0.28
Labor markets III, 4.1.30
Unemployment and Macro Public Finance, 7.0.22
Hiring in Frictional Labor Markets, 4.1.36
Incomplete Information, Business Cycles and Monetary Policy, 7.0.28
Shipping trends and disruptions, 7.0.40
Banks and monetary policy, 7.0.01
Migration and mobility frictions, 7.0.08
Sovereign debt, 15.3.01
Housing and rental markets, 4.0.02

Parallel Session IV
Locations: click on each session to see location
June 28, 2025 15:30 to 17:00
 
Discrimination, 15.3.01
International Finance and Geoeconomics, 7.0.34
Public finance, 18.01.11
Firm Dynamics: Entry and Exit, 4.1.36
Productivity and Inflation Across Space, 7.0.18
Technological Change and Labor Markets, 4.0.02
Heterogeneous Returns, 7.0.28
Labor Supply and Demand, 4.1.24
Computational Methods in Macro, 7.0.40
Spatial misallocation, 7.0.08
Labor markets in developing countries, 7.0.01
Investment and price dynamics, 5.0.28
Trade policy II, 4.1.30
Money and credit, 7.0.22

Ariel Burstein Plenary
Location: 34.0.01
June 28, 2025 17:20 to 18:20

 

Summary of All Sessions

Click here for an index of all participants

#Date/TimeTitle/LocationPapers
1June 26, 2025
9:00-10:30
Automation

    Location: 18.01.11

3
2June 26, 2025
9:00-10:30
Multinational Firms in International Trade

    Location: 7.0.34

3
3June 26, 2025
9:00-10:30
Macro Finance

    Location: 4.1.24

3
4June 26, 2025
9:00-10:30
Macro Public Finance

    Location: 15.3.01

3
5June 26, 2025
9:00-10:30
International Macroeconomics

    Location: 5.0.28

3
6June 26, 2025
9:00-10:30
Sovereign Debt and Fiscal Policy

    Location: 4.1.36

3
7June 26, 2025
9:00-10:30
Entrepreneurship and Firm Growth

    Location: 7.0.18

3
8June 26, 2025
9:00-10:30
The Micro and Macro of Labor Markets

    Location: 7.0.22

3
9June 26, 2025
9:00-10:30
Family Macro

    Location: 7.0.28

3
10June 26, 2025
9:00-10:30
Heterogeneity and Policy

    Location: 7.0.40

3
11June 26, 2025
9:00-10:30
Urban Macroeconomics

    Location: 4.1.30

3
12June 26, 2025
9:00-10:30
Macroeconomic Theory

    Location: 7.0.08

3
13June 26, 2025
9:00-10:30
Trade Policy

    Location: 7.0.01

3
14June 26, 2025
9:00-10:30
Trade and monetary policy

    Location: 4.0.02

3
15June 26, 2025
11:00-12:30
AI and the Economy

    Location: 18.01.11

3
16June 26, 2025
11:00-12:30
International Capital Flows

    Location: 7.0.08

3
17June 26, 2025
11:00-12:30
Trade and Environmental

    Location: 7.0.22

3
18June 26, 2025
11:00-12:30
Top Wealth Inequality

    Location: 4.1.24

3
19June 26, 2025
11:00-12:30
Firm Financing and Investment

    Location: 7.0.28

3
20June 26, 2025
11:00-12:30
Wages and Sectors of Work

    Location: 5.0.28

3
21June 26, 2025
11:00-12:30
Monetary-fiscal interactions

    Location: 15.3.01

3
22June 26, 2025
11:00-12:30
The Economics of Innovation

    Location: 7.0.40

3
23June 26, 2025
11:00-12:30
Macroeconomics of Green Transition

    Location: 7.0.18

3
24June 26, 2025
11:00-12:30
Migration and Development

    Location: 7.0.34

3
25June 26, 2025
11:00-12:30
Expectations and MPCs

    Location: 4.1.30

3
26June 26, 2025
11:00-12:30
Exchange Rate Pass-Through

    Location: 7.0.01

3
27June 26, 2025
11:00-12:30
Beliefs, information and portfolio choice

    Location: 4.0.02

3
28June 26, 2025
11:00-12:30
Cyclical Income Risk

    Location: 4.1.36

3
29June 26, 2025
13:30-15:00
Data and Firm Performance

    Location: 4.1.24

3
30June 26, 2025
13:30-15:00
Self-Employment: Drivers and Consequences

    Location: 7.0.40

3
31June 26, 2025
13:30-15:00
Sufficient Statistics in Macro-Finance

    Location: 18.01.11

3
32June 26, 2025
13:30-15:00
Firms and Wages

    Location: 7.0.18

3
33June 26, 2025
13:30-15:00
Production Network

    Location: 15.3.01

3
34June 26, 2025
13:30-15:00
On the mechanics of inflation

    Location: 4.1.30

3
35June 26, 2025
13:30-15:00
Family and gender in Macro

    Location: 4.1.36

3
36June 26, 2025
13:30-15:00
Risk, Growth, and Education

    Location: 7.0.34

3
37June 26, 2025
13:30-15:00
HANK and Business Cycles

    Location: 5.0.28

3
38June 26, 2025
13:30-15:00
Growth and Degrowth

    Location: 7.0.22

3
39June 26, 2025
13:30-15:00
The Macroeconomic Consequences of Innovation, Market Power, and Government R&D

    Location: 7.0.08

3
40June 26, 2025
13:30-15:00
Cross-Border Financial Flows

    Location: 4.0.02

3
41June 26, 2025
13:30-15:00
Beliefs and Forecasting

    Location: 7.0.28

3
42June 26, 2025
13:30-15:00
Uncertainty and Supply Chains

    Location: 7.0.01

3
43June 26, 2025
15:30-17:00
IO in Macro/Trade

    Location: 5.0.28

3
44June 26, 2025
15:30-17:00
Consumption patterns and structural change

    Location: 4.1.30

3
45June 26, 2025
15:30-17:00
Frictional Labor Market

    Location: 18.01.11

3
46June 26, 2025
15:30-17:00
College Attainment, Health, and Inequality

    Location: 7.0.28

3
47June 26, 2025
15:30-17:00
Regulation, Informality, and Firm Dynamics: Implications for Growth and Productivity

    Location: 4.1.36

3
48June 26, 2025
15:30-17:00
Redistributive Policy

    Location: 7.0.34

3
49June 26, 2025
15:30-17:00
Economic fluctuations, earnings, and housing

    Location: 7.0.18

3
50June 26, 2025
15:30-17:00
Macroeconomic Effects of Supply Chain Disruptions

    Location: 7.0.22

3
51June 26, 2025
15:30-17:00
International macro-finance

    Location: 4.1.24

3
52June 26, 2025
15:30-17:00
Labor Heterogeneity: Occupations and Reallocation

    Location: 7.0.40

3
53June 26, 2025
15:30-17:00
Monetary Policy and Unanchored Expectations

    Location: 7.0.08

3
54June 26, 2025
15:30-17:00
Environmental policy and misallocation

    Location: 4.0.02

3
55June 26, 2025
15:30-17:00
Banking

    Location: 7.0.01

3
56June 26, 2025
15:30-17:00
Heterogeneous agents

    Location: 15.3.01

3
57June 27, 2025
9:00-10:30
Weak Links, Product Choice and Misallocation

    Location: 4.1.36

3
58June 27, 2025
9:00-10:30
Implications of Divorce on Household Behavior

    Location: 7.0.18

3
59June 27, 2025
9:00-10:30
Of workers and firms

    Location: 4.1.24

3
60June 27, 2025
9:00-10:30
Firms' Product and Technology Choices

    Location: 7.0.22

3
61June 27, 2025
9:00-10:30
Inflation Dynamics with Networks and Firm Heterogeneity

    Location: 18.01.11

3
62June 27, 2025
9:00-10:30
Green Macro Finance

    Location: 7.0.28

3
63June 27, 2025
9:00-10:30
Monetary policy and credit markets

    Location: 15.3.01

3
64June 27, 2025
9:00-10:30
Labor and Development

    Location: 7.0.40

3
65June 27, 2025
9:00-10:30
Banks

    Location: 7.0.08

2
66June 27, 2025
9:00-10:30
Economics of AI

    Location: 5.0.28

3
67June 27, 2025
9:00-10:30
Inflation Dynamics

    Location: 7.0.01

3
68June 27, 2025
9:00-10:30
Human capital accumulation

    Location: 4.0.02

3
69June 27, 2025
9:00-10:30
Incomplete Markets and Stabilization

    Location: 7.0.34

3
70June 27, 2025
9:00-10:30
Macro Perspectives on History and Growth

    Location: 4.1.30

3
71June 27, 2025
11:00-12:30
Income dynamics and inequality

    Location: 7.0.22

3
72June 27, 2025
11:00-12:30
Firms and the Macroeconomy

    Location: 18.01.11

3
73June 27, 2025
11:00-12:30
Production scale and scope

    Location: 4.1.24

3
74June 27, 2025
11:00-12:30
International Macro and Growth

    Location: 5.0.28

3
75June 27, 2025
11:00-12:30
Wage and Price Inflation

    Location: 7.0.28

3
76June 27, 2025
11:00-12:30
Credit cards and debt

    Location: 7.0.40

3
77June 27, 2025
11:00-12:30
Capital Accumulation in Production Networks

    Location: 4.1.30

3
78June 27, 2025
11:00-12:30
Topics in Monetary Policy

    Location: 4.1.36

3
79June 27, 2025
11:00-12:30
Information, Expectations, and Macroeconomic Shocks

    Location: 7.0.34

3
80June 27, 2025
11:00-12:30
Welfare Costs of Inflation

    Location: 15.3.01

3
81June 27, 2025
11:00-12:30
Family economics

    Location: 7.0.08

3
82June 27, 2025
11:00-12:30
Exchange rate passthrough

    Location: 7.0.01

3
83June 27, 2025
11:00-12:30
Distortions, subsidies and agricultural productivity

    Location: 4.0.02

3
84June 27, 2025
11:00-12:30
Multidimensional screening

    Location: 7.0.18

3
85June 27, 2025
13:30-15:00
Nature v Nurture

    Location: 4.1.30

3
86June 27, 2025
13:30-15:00
Markups and Innovation Through a Financial Lens

    Location: 18.01.11

3
87June 27, 2025
13:30-15:00
Factor Market Impacts of Climate Change

    Location: 4.1.36

3
88June 27, 2025
13:30-15:00
International finance in emerging markets

    Location: 5.0.28

2
89June 27, 2025
13:30-15:00
Technology, Innovation, and Growth

    Location: 15.3.01

3
90June 27, 2025
13:30-15:00
Career Mobility and Job Dynamics

    Location: 7.0.34

3
91June 27, 2025
13:30-15:00
Mortgages and consumption

    Location: 7.0.18

3
92June 27, 2025
13:30-15:00
Cross-Sectional Heterogeneity and Distributional Effects

    Location: 7.0.22

3
93June 27, 2025
13:30-15:00
The Fiscal Channel of Monetary Policy

    Location: 7.0.28

3
94June 27, 2025
13:30-15:00
Heterogeneous Expectations

    Location: 7.0.40

3
95June 27, 2025
13:30-15:00
Growth, trade and firms

    Location: 7.0.01

3
96June 27, 2025
13:30-15:00
Risk and development

    Location: 4.0.02

3
97June 27, 2025
13:30-15:00
Responses to Aggregate Shocks

    Location: 7.0.08

3
98June 27, 2025
13:30-15:00
Real state and capital in space

    Location: 4.1.24

3
99June 27, 2025
15:30-17:00
Labor and Development

    Location: 4.0.02

2
100June 27, 2025
15:30-17:00
Sovereign Debt II

    Location: 15.3.01

3
101June 27, 2025
15:30-17:00
Firm Dynamics: Growth, Finance, and Ownership

    Location: 18.01.11

3
102June 27, 2025
15:30-17:00
Tariffs: positive and normative analysis

    Location: 7.0.34

3
103June 27, 2025
15:30-17:00
Imperfect Information in Labor and Product Markets

    Location: 7.0.18

3
104June 27, 2025
15:30-17:00
Spatial Environmental Policies

    Location: 7.0.22

3
105June 27, 2025
15:30-17:00
Unemployment and Policy

    Location: 7.0.28

3
106June 27, 2025
15:30-17:00
Determinants of Worker Wages

    Location: 7.0.40

3
107June 27, 2025
15:30-17:00
Executive Compensation

    Location: 7.0.08

3
108June 27, 2025
15:30-17:00
Monetary-Fiscal Interactions II

    Location: 4.1.24

3
109June 27, 2025
15:30-17:00
Inflation Risk

    Location: 5.0.28

3
110June 27, 2025
15:30-17:00
R&D investment and growth

    Location: 4.1.36

3
111June 27, 2025
15:30-17:00
Technology and trade

    Location: 4.1.30

3
112June 27, 2025
15:30-17:00
Consumption and Heterogenous Agents

    Location: 7.0.01

3
113June 28, 2025
9:00-10:30
Trade and Development

    Location: 18.01.11

3
114June 28, 2025
9:00-10:30
Network Formation and Propagation of Shocks

    Location: 7.0.34

3
115June 28, 2025
9:00-10:30
Structural Shifts in Growth: Sectoral Change, Automation, and Intangible Capital

    Location: 4.1.24

3
116June 28, 2025
9:00-10:30
Lumpy Macroeconomics

    Location: 5.0.28

3
117June 28, 2025
9:00-10:30
Inflation and misallocation

    Location: 4.1.30

3
118June 28, 2025
9:00-10:30
Monetary Theory

    Location: 7.0.28

3
119June 28, 2025
9:00-10:30
Climate Policy

    Location: 7.0.40

3
120June 28, 2025
9:00-10:30
Credit, Propagation, and Stabilization

    Location: 15.3.01

3
121June 28, 2025
9:00-10:30
The economics of shutdown and recovery

    Location: 7.0.08

3
122June 28, 2025
9:00-10:30
Wealth Taxation

    Location: 4.1.36

3
123June 28, 2025
9:00-10:30
Idea diffusion

    Location: 7.0.01

3
124June 28, 2025
9:00-10:30
Labor markets across countries

    Location: 7.0.18

3
125June 28, 2025
9:00-10:30
Economics of Natural Disasters

    Location: 4.0.02

3
126June 28, 2025
9:00-10:30
Inflation and Price Setting

    Location: 7.0.22

3
127June 28, 2025
11:00-12:30
Macro effects of mergers

    Location: 7.0.18

3
128June 28, 2025
11:00-12:30
Appropriate Technologies and Diffusion

    Location: 7.0.22

3
129June 28, 2025
11:00-12:30
Advances in technology measurement

    Location: 7.0.01

3
130June 28, 2025
11:00-12:30
Firms, Jobs, and the Gender Wage Gap

    Location: 7.0.40

3
131June 28, 2025
11:00-12:30
Dynamic Spatial General Equilibrium

    Location: 7.0.08

3
132June 28, 2025
11:00-12:30
Climate Change and Macroeconomic Policies

    Location: 18.01.11

3
133June 28, 2025
11:00-12:30
Household finance and savings

    Location: 7.0.34

3
134June 28, 2025
11:00-12:30
Labor Market Dynamics

    Location: 4.1.30

3
135June 28, 2025
11:00-12:30
Wage and Price Dispersion

    Location: 15.3.01

3
136June 28, 2025
11:00-12:30
Trade and Market Dynamics

    Location: 4.1.24

3
137June 28, 2025
11:00-12:30
Precautionary Savings and Business Cycles

    Location: 4.1.36

3
138June 28, 2025
11:00-12:30
Redistribution and Welfare

    Location: 7.0.28

3
139June 28, 2025
11:00-12:30
Investment dynamics and development

    Location: 4.0.02

3
140June 28, 2025
11:00-12:30
Labor markets and development

    Location: 5.0.28

3
141June 28, 2025
13:30-15:00
Firm Heterogeneity in International Macro

    Location: 7.0.34

3
142June 28, 2025
13:30-15:00
Housing and Spatial: Macro Perspectives

    Location: 18.01.11

3
143June 28, 2025
13:30-15:00
Labor Market Sorting

    Location: 4.1.24

3
144June 28, 2025
13:30-15:00
Life-cycle savings and labor market decisions

    Location: 7.0.18

3
145June 28, 2025
13:30-15:00
The impact of new technologies

    Location: 5.0.28

3
146June 28, 2025
13:30-15:00
Labor markets III

    Location: 4.1.30

3
147June 28, 2025
13:30-15:00
Unemployment and Macro Public Finance

    Location: 7.0.22

3
148June 28, 2025
13:30-15:00
Hiring in Frictional Labor Markets

    Location: 4.1.36

3
149June 28, 2025
13:30-15:00
Incomplete Information, Business Cycles and Monetary Policy

    Location: 7.0.28

3
150June 28, 2025
13:30-15:00
Shipping trends and disruptions

    Location: 7.0.40

3
151June 28, 2025
13:30-15:00
Banks and monetary policy

    Location: 7.0.01

3
152June 28, 2025
13:30-15:00
Migration and mobility frictions

    Location: 7.0.08

3
153June 28, 2025
13:30-15:00
Sovereign debt

    Location: 15.3.01

3
154June 28, 2025
13:30-15:00
Housing and rental markets

    Location: 4.0.02

3
155June 28, 2025
15:30-17:00
Discrimination

    Location: 15.3.01

3
156June 28, 2025
15:30-17:00
International Finance and Geoeconomics

    Location: 7.0.34

3
157June 28, 2025
15:30-17:00
Public finance

    Location: 18.01.11

3
158June 28, 2025
15:30-17:00
Firm Dynamics: Entry and Exit

    Location: 4.1.36

3
159June 28, 2025
15:30-17:00
Productivity and Inflation Across Space

    Location: 7.0.18

3
160June 28, 2025
15:30-17:00
Technological Change and Labor Markets

    Location: 4.0.02

3
161June 28, 2025
15:30-17:00
Heterogeneous Returns

    Location: 7.0.28

3
162June 28, 2025
15:30-17:00
Labor Supply and Demand

    Location: 4.1.24

3
163June 28, 2025
15:30-17:00
Computational Methods in Macro

    Location: 7.0.40

3
164June 28, 2025
15:30-17:00
Spatial misallocation

    Location: 7.0.08

3
165June 28, 2025
15:30-17:00
Labor markets in developing countries

    Location: 7.0.01

3
166June 28, 2025
15:30-17:00
Investment and price dynamics

    Location: 5.0.28

3
167June 28, 2025
15:30-17:00
Trade policy II

    Location: 4.1.30

3
168June 28, 2025
15:30-17:00
Money and credit

    Location: 7.0.22

3
 

168 sessions, 501 papers, and 0 presentations with no associated papers


 

Society for Economic Dynamics Annual Meeting

Detailed List of Sessions

 
 
Session 1: Automation
June 26, 2025 9:00 to 10:30
Location: 18.01.11
 
Session Chair: Anders Humlum, University of Chicago
 

Partial Automation
   By Pascual Restrepo; Yale
   Presented by: Pascual Restrepo, Yale
 

A Quantitative Task-Based Theory of Automation: Application to AI Scaling Laws
   By Danial Lashkari; FRB NY
   Wensu Li; MIT
   Christina Qiu; Yale University
   Neil Thompson; MIT
   Presented by: Danial Lashkari, FRB NY
 

Integrators: The Firm Boundaries of Capital-Skill Complementarity
   By Gert Bijnens; National Bank of Belgium
   Anders Humlum; University of Chicago
   Stijn Vanormelingen; KU Leuven
   Presented by: Anders Humlum, University of Chicago
 
Session 2: Multinational Firms in International Trade
June 26, 2025 9:00 to 10:30
Location: 7.0.34
 
Session Chair: Juanma Castro-Vincenzi, University of Chicago
 

Market Entry and Plant Location in Multi-Product Firms
   By Juanma Castro-Vincenzi; University of Chicago
   Eugenia Menaguale; Princeton University
   Eduardo Morales; Princeton University
   Alejandro Sabal; Princeton University
   Presented by: Juanma Castro-Vincenzi, University of Chicago
 

The carbon footprint of multinational production
   By Natalia Ramondo; Boston University
   Andres Rodriguez-Clare
   Joseph Shapiro; UC Berkeley
   Presented by: Natalia Ramondo, Boston University
 

Industrial policies for multi-stage production: The battle for battery-powered vehicles
   By Keith Head; University of British Columbia
   Thierry Mayer; Sciences Po
   Marc Melitz; Harvard University
   Chenying Yang; Singapore Management University
   Presented by: Thierry Mayer, Sciences Po
 
Session 3: Macro Finance
June 26, 2025 9:00 to 10:30
Location: 4.1.24
 
Session Chair: Julian Kozlowski, Federal Reserve Bank of St. Louis
 

Safe Assets, Collateralized Lending and Monetary Policy
   By Moritz Lenel; Princeton University
   Presented by: Moritz Lenel, Princeton University
 

Bank Health and Local Economic Outcomes
   By Simon Gilchrist; NYU
   Presented by: Simon Gilchrist, NYU
 

The Cost of Capital and Misallocation in the United States
   By Miguel Faria-e-Castro; Federal Reserve Bank of St. Louis
   Julian Kozlowski; Federal Reserve Bank of St. Louis
   Jeremy Majerovitz; Federal Reserve Bank of St. Louis
   Presented by: Julian Kozlowski, Federal Reserve Bank of St. Louis
 
Session 4: Macro Public Finance
June 26, 2025 9:00 to 10:30
Location: 15.3.01
 
 

Fertility Decline, Technological Change and the Market for Higher Education: Implications of Education Finance Reform
   By Dirk Krueger; University of Pennsylvania
   Alexander Ludwig; European University Institute, Goethe Un
   Irina Popova; University of Bonn
   Presented by: Dirk Krueger, University of Pennsylvania
 

Measuring Fiscal Progressivity
   By Johannes Fleck; Board of Governors of the Federal Reserve System
   Jonathan Heathcote; Federal Reserve Bank of Minneapolis
   Kjetil Storesletten; University of Minnesota
   Giovanni Violante; Princeton University
   Presented by: Jonathan Heathcote, Federal Reserve Bank of Minneapolis
 

Optimal Capital Taxation with Heterogeneous agents.
   By Wendy Morrison; Federal Reserve Bank of Minneapolis
   Alexandre Gaillard; Brown University
   Philipp Wangner; University of Mannheim
   Presented by: Wendy Morrison, Federal Reserve Bank of Minneapolis
 
Session 5: International Macroeconomics
June 26, 2025 9:00 to 10:30
Location: 5.0.28
 
Session Chair: Nils Mattis Gornemann, Federal Reserve Board
 

Who pays for tariffs?
   By Javier Bianchi; Federal Reserve Bank of Minneapolis
   Louphou Coulibaly; University of Wisconsin-Madison
   Presented by: Javier Bianchi, Federal Reserve Bank of Minneapolis
 

How Good is International Risk Sharing?
   By Mark Aguiar; Princeton University
   Oleg Itskhoki; Harvard University
   Dmitry Mukhin; LSE
   Presented by: Dmitry Mukhin, LSE
 

Volatile Rates, Fragile Growth: Global Financial Risk and Productivity Dynamics
   By Nils Mattis Gornemann; Federal Reserve Board
   Eugenio Rojas; University of Florida
   Felipe Saffie; University of Virginia
   Presented by: Nils Mattis Gornemann, Federal Reserve Board
 
Session 6: Sovereign Debt and Fiscal Policy
June 26, 2025 9:00 to 10:30
Location: 4.1.36
 
Session Chair: Paolo Varraso, Tor Vergata University of Rome
 

World Interest Rate, Emerging Market Spread and Risk Premium
   By Alessandro Dovis; University of Pennsylvania
   Xiang Fang; The University of Hong Kong
   Yang Liu; The University of Hong Kong
   Presented by: Xiang Fang, The University of Hong Kong
 

Sovereign Risk under Diagnostic Expectations
   By Stefan Niemann; University of Essex
   Timm Marc Prein; University of Helsinki
   Presented by: Timm Marc Prein, University of Helsinki
 

Fiscal Policy Design in Collateral-Constraint Economies: the Role of Commitment
   By Paolo Varraso; Tor Vergata University of Rome
   Presented by: Paolo Varraso, Tor Vergata University of Rome
 
Session 7: Entrepreneurship and Firm Growth
June 26, 2025 9:00 to 10:30
Location: 7.0.18
 
Session Chair: Joseph Kaboski, University of Notre Dame
 

Sorting of Entrepreneurial Teams
   By Marta Morazzoni; University College London
   Presented by: Marta Morazzoni, University College London
 

Industry Life Cycles in General Equilibrium
   By Andrea Guccione; CEMFI
   Pau Roldan-Blanco; Universitat Autònoma de Barcelona and Barcelona School of Economics
   Presented by: Pau Roldan-Blanco, Universitat Autònoma de Barcelona and Barcelona School of Economics
 

Information Spreads
   By Joseph Kaboski; University of Notre Dame
   Presented by: Joseph Kaboski, University of Notre Dame
 
Session 8: The Micro and Macro of Labor Markets
June 26, 2025 9:00 to 10:30
Location: 7.0.22
 
Session Chair: Alexander Bick,
 

Local Search and Aggregate Shocks
   By Claudia Macaluso; Federal Reserve Bank of Richmond
   Abdoulaye Ndiaye; NYU Stern
   Presented by: Claudia Macaluso, Federal Reserve Bank of Richmond
 

The long-term decline of the US job ladder
   By Aniket Baksy; University of Sussex
   Daniele Caratelli; Department of the Treasury
   Niklas Engbom; Stern School of Business, New York Unive
   Presented by: Niklas Engbom, Stern School of Business, New York Unive
 

Work from Home and Long-Distance Migration
   By Alexander Bick; Federal Reserve Bank of St. Louis
   Adam Blandin; Vanderbilt University
   Karel Mertens; Federal Reserve Bank of Dallas
   Hannah Rubinton; Federal Reserve Bank of St. Louis
   Presented by: Alexander Bick,
 
Session 9: Family Macro
June 26, 2025 9:00 to 10:30
Location: 7.0.28
 
Session Chair: Lukas Nord, University of Pennsylvania
 

Zoning Out Opportunities: Exploring the Child Development Impact of Zoning Laws
   By Diego Daruich; USC Marshall
   Presented by: Diego Daruich, USC Marshall
 

Negotiating Parenthood: An Account of the Changing Relationship between Women's Work and Fertility
   By Matthias Doepke; LSE
   Fabian Kindermann; University of Regensburg
   Presented by: Matthias Doepke, LSE
 

Fertility Choices and the Cost of Living
   By Lukas Nord; University of Pennsylvania
   Loukas Karabarbounis; University of Minnesota
   Presented by: Lukas Nord, University of Pennsylvania
 
Session 10: Heterogeneity and Policy
June 26, 2025 9:00 to 10:30
Location: 7.0.40
 
Session Chair: Rodolfo Rigato, European Central Bank
 

Fiscal Management of Aggregate Demand: The Effectiveness of Labor Tax Credits
   By Axelle Ferriere; Sciences Po
   Gaston Navarro; Federal Reserve Board
   Presented by: Axelle Ferriere, Sciences Po
 

Ricardian Non-Equivalence
   By Martin Eichenbaum; Northwestern University
   Joao Guerreiro; UCLA
   Jana Obradovic; Northwestern University
   Presented by: Joao Guerreiro, UCLA
 

Precautionary Savings and Stabilization Policy in a Present-Biased Economy
   By Adriano Fernandes; International Monetary Fund
   Rodolfo Rigato; European Central Bank
   Presented by: Rodolfo Rigato, European Central Bank
 
Session 11: Urban Macroeconomics
June 26, 2025 9:00 to 10:30
Location: 4.1.30
 
Session Chair: Fabian Eckert, University of California, San Diego
 

Superstar ZIP Codes
   By Camilo Acosta; Inter-American Development Bank
   Fabian Eckert; University of California, San Diego
   Jack Liang; Yale University
   Presented by: Fabian Eckert, University of California, San Diego
 

Skills, sorting, and optimal dynamic spatial policy
   By Levi Crews; UCLA
   Presented by: Levi Crews, UCLA
 

The Local Root of Wage Inequality
   By Hugo Lhuillier; University of Chicago
   Presented by: Hugo Lhuillier, University of Chicago
 
Session 12: Macroeconomic Theory
June 26, 2025 9:00 to 10:30
Location: 7.0.08
 
Session Chair: Giacomo Candian, HEC Montréal
 

The Origin of Risk
   By Alexandr Kopytov; University of Rochester
   Mathieu Taschereau-Dumouchel; Cornell University
   Zebang Xu; Cornell University
   Presented by: Mathieu Taschereau-Dumouchel, Cornell University
 

Resilience vs. Fragility: Shock Propagation in Endogenous Production Networks
   By Simone Cerreia-Vioglio; Università Bocconi and Igier
   Roberto Corrao; Yale
   Joel Flynn; Yale
   Giacomo Lanzani; Harvard University
   Presented by: Joel Flynn, Yale
 

Uncertainty through the Production Network: Sectoral Origins and Macroeconomic Implications
   By Matteo Cacciatore; HEC Montreal
   Giacomo Candian; HEC Montréal
   Presented by: Giacomo Candian, HEC Montréal
 
Session 13: Trade Policy
June 26, 2025 9:00 to 10:30
Location: 7.0.01
 
Session Chair: Mathilde Lebrand, World Bank
 

The Tariff Tax Cut: Tariffs as Revenue
   By George Alessandria; University of Rochester
   Shafaat Khan; Syracuse University
   Carter Mix; Federal Reserve Board of Governors
   Presented by: Carter Mix, Federal Reserve Board of Governors
 

Private Information and Optimal Infant Industry Protection
   By B Ravikumar; Federal Reserve Bank of St. Louis
   Raymond Riezman; Aarhus University/UCSB/University of Iowa
   Yuzhe Zhang; Texas A&M University
   Presented by: B Ravikumar, Federal Reserve Bank of St. Louis
 

Commitment in services trade policy
   By Matteo Fiorini; European University Institute
   Mathilde Lebrand; World Bank
   Vincent Rebeyrol; Toulouse School of Economics
   Presented by: Mathilde Lebrand, World Bank
 
Session 14: Trade and monetary policy
June 26, 2025 9:00 to 10:30
Location: 4.0.02
 
Session Chair: Felipe Schwartzman, Federal Reserve Bank of Richmond
 

Trade, specialization and inflation
   By Andreas Westermark; Sveriges Riksbank
   Presented by: Andreas Westermark, Sveriges Riksbank
 

Trade Fragmentation, Inflationary Pressures and Monetary Policy
   By Maria Ludovica Ambrosino; London Business School
   Jenny Chan; Bank of England
   Silvana Tenreyro; London School of Economics and Political
   Presented by: Jenny Chan, Bank of England
 

MulMultilateral Comovement in a New Keynesian World: A Little Trade Goes a Long Way
   By Paul Ho; Federal Reserve Bank of Richmond
   Pierre-Daniel Sarte; Federal Reserve Bank of Richmond
   Felipe Schwartzman; Federal Reserve Bank of Richmond
   Presented by: Felipe Schwartzman, Federal Reserve Bank of Richmond
 
Session 15: AI and the Economy
June 26, 2025 11:00 to 12:30
Location: 18.01.11
 
Session Chair: Lindsey Raymond, Microsoft Research
 

Artificial Intelligence in the Knowledge Economy
   By Enrique Ide; IESE Business School
   Eduard Talamas; IESE Business School
   Presented by: Eduard Talamas, IESE Business School
 

Artificial Intelligence and the Labor Market
   By Hugo Reichardt; London School of Economics
   Presented by: Hugo Reichardt, London School of Economics
 

The Market Effect of Algorithms
   By Lindsey Raymond; Microsoft Research
   Presented by: Lindsey Raymond, Microsoft Research
 
Session 16: International Capital Flows
June 26, 2025 11:00 to 12:30
Location: 7.0.08
 
Session Chair: Radek Paluszynski, University of Houston
 

Capital Allocation and Firm Dynamics in Small Open Economies
   By Felipe Camelo; International Monetary Fund
   Presented by: Felipe Camelo, International Monetary Fund
 

Endogenous markups and country portfolios
   By Ning Zhang; University of Glasgow
   Presented by: Ning Zhang, University of Glasgow
 

Globalization Accounting
   By Hyunju Lee; University of Houston
   Radek Paluszynski; University of Houston
   Presented by: Radek Paluszynski, University of Houston
 
Session 17: Trade and Environmental
June 26, 2025 11:00 to 12:30
Location: 7.0.22
 
Session Chair: Anastasios Karantounias, University of Surrey
 

Clean Growth and Environmental Policies in the Global Economy
   By Wei Xiang; University of Michigan
   Presented by: Wei Xiang, University of Michigan
 

Diet, Economic Development, and Climate Change
   By Jordan Norris; NYU Abu Dhabi
   Heitor Pellegrina; University of Notre Dame
   Presented by: Jordan Norris, NYU Abu Dhabi
 

Optimal climate policy in a global economy
   By Anastasios Karantounias; University of Surrey
   Presented by: Anastasios Karantounias, University of Surrey
 
Session 18: Top Wealth Inequality
June 26, 2025 11:00 to 12:30
Location: 4.1.24
 
Session Chair: Annika Bacher, BI Norwegian Business School
 

The Dynamics of Multiple Business Ownership
   By Alexandre Gaillard; Brown University
   Sumudu Kankanamge; Le Mans University
   Ozgur Karabulut; Le Mans University (GAINS-TEPP)
   Presented by: Alexandre Gaillard, Brown University
 

On the Mechanics of Wealth Inequality at the Top
   By Fatih Guvenen; University of Minnesota
   Sergio Ocampo; University of Western Ontario
   Serdar Ozkan; Federal Reserve Bank of St Louis
   Presented by: Fatih Guvenen, University of Minnesota
 

When Skill Meets Money: A Fresh Take on Private Business Ownership
   By Annika Bacher; BI Norwegian Business School
   Axelle Ferriere; Sciences Po
   Alfonso Irarrazabal; BI Norwegian Business School
   Raysa Lizarraga Hernandez; BI Norwegian Business School
   Yu Zheng; Queen Mary University of London
   Presented by: Yu Zheng, Queen Mary University of London
 
Session 19: Firm Financing and Investment
June 26, 2025 11:00 to 12:30
Location: 7.0.28
 
Session Chair: Thomas Drechsel, University of Maryland
 

The Interest Rate Elasticity of Investment: Micro Estimates and Macro Implications
   By Caleb Wroblewski
   Presented by: Caleb Wroblewski, University of California, Berkeley
 

Beyond Risk: Firm Financing and Interest Rates
   By Miguel H. Ferreira; Queen Mary University of London
   Nicholas Kozeniauskas; Bank of Portugal
   Presented by: Nicholas Kozeniauskas, Bank of Portugal
 

The Investment Channel of Monetary Policy: Disentangling Firm Heterogeneity
   By Thomas Drechsel; University of Maryland
   Daniel Lewis; University College London
   Davide Melcangi; Federal Reserve Bank of New York
   Laura Pilossoph; Duke University
   Presented by: Thomas Drechsel, University of Maryland
 
Session 20: Wages and Sectors of Work
June 26, 2025 11:00 to 12:30
Location: 5.0.28
 
Session Chair: Gregor Jarosch, Duke
 

Gender Divergence in Sectors of Work
   By Sena Coskun; University of Nuremberg, Institute for Employment Research (IAB)
   Titan Alon; University of California, San Diego
   Jane Olmstead-Rumsey; London School of Economics
   Presented by: Sena Coskun, University of Nuremberg, Institute for Employment Research (IAB)
 

Robinson Meets Roy: Monopsony Power and Comparative Advantage
   By Mark Bils; U. of Rochester
   Baris Kaymak; Federal Reserve Bank of Cleveland
   Kai-Jie Wu; Pennsylvania State University
   Presented by: Baris Kaymak, Federal Reserve Bank of Cleveland
 

Wage Fixing
   By Axel Gottfries; University of Edinburgh
   Gregor Jarosch; Duke
   Presented by: Gregor Jarosch, Duke
 
Session 21: Monetary-fiscal interactions
June 26, 2025 11:00 to 12:30
Location: 15.3.01
 
 

Brothers in Arms: Near Equivalence of Monetary and Fiscal Rules
   By Lukasz Rachel; UCL
   Morten Ravn; University College London
   Presented by: Lukasz Rachel, UCL
 

Fiscal Influences on Inflation in OECD Countries, 2020-2023
   By Robert Barro; Harvard University
   Francesco Bianchi; Johns Hopkins University
   Presented by: Francesco Bianchi, Johns Hopkins University
 

Analytical framework for understanding risky debt
   By Roberto Gomez Cram; London Business School
   Howard Kung; London Business School
   Hanno Lustig; Stanford University
   David Zeke; Federal Reserve Board of Governors
   Presented by: Hanno Lustig, Stanford University
 
Session 22: The Economics of Innovation
June 26, 2025 11:00 to 12:30
Location: 7.0.40
 
Session Chair: Hannah Rubinton, Federal Reserve Bank of St. Louis
 

Technology Driven Market Concentration through Idea Allocation
   By Yueyuan Ma; UC Santa Barbara
   Shaoshuang Yang; the Chinese University of Hong Kong, Shenzhen
   Presented by: Shaoshuang Yang, the Chinese University of Hong Kong, Shenzhen
 

The Efficiency of Patent Litigation
   By Samuel Antill; Harvard
   Murat Celik; University of Toronto
   Xu Tian; University of Georgia
   Toni Whited; University of Michigan
   Presented by: Murat Celik, University of Toronto
 

Innovation, Growth, and the Misallocation of Talent
   By Aakash Kalyani; Federal Reserve Bank of St. Louis
   Hannah Rubinton; Federal Reserve Bank of St. Louis
   Ana Maria Santacreu; Federal Reserve Bank of St Louis
   Presented by: Hannah Rubinton, Federal Reserve Bank of St. Louis
 
Session 23: Macroeconomics of Green Transition
June 26, 2025 11:00 to 12:30
Location: 7.0.18
 
Session Chair: David Hemous, University of Zurich
 

The Green Energy Transition in a Putty-Clay Model of Capital
   By Simon Gilchrist; New York University
   Joseba Martinez; London Business School
   Natalie Rickard; LBS
   Presented by: Joseba Martinez, London Business School
 

Efficient Capital Replacement and the Green Transition
   By Fabio Bertolotti; Banca d'Italia
   Andrea Lanteri; Duke University
   Hyeonsik Yoon; Duke University
   Presented by: Andrea Lanteri, Duke University
 

Transition to Green Technology along the Supply Chain
   By Philippe Aghion; College de France
   Lint Barrage; ETH Zurich
   Eric Donald; University of Pittsburgh
   David Hemous; University of Zurich
   Ernest Liu; Princeton University
   Presented by: David Hemous, University of Zurich
 
Session 24: Migration and Development
June 26, 2025 11:00 to 12:30
Location: 7.0.34
 
Session Chair: Elisa Giannone, CREI
 

Are Workers Moving to High Productivity Regions?
   By Ying Feng; National University of Singapore
   Tatjana Kleineberg; World Bank
   Tommaso Porzio; Columbia University
   Radine Rafols; ADB
   Presented by: Tommaso Porzio, Columbia University
 

Information Frictions in Rural-Urban Migration
   By Tasso Adamopoulos; York University
   Zahra Shahidi; York University
   Presented by: Tasso Adamopoulos, York University
 

The Intergenerational Benefits of a Temporary Negative Shock: Evidence from Thailand
   By Elisa Giannone; CREI
   Presented by: Elisa Giannone, CREI
 
Session 25: Expectations and MPCs
June 26, 2025 11:00 to 12:30
Location: 4.1.30
 
Session Chair: Plutarchos Sakellaris, Athens University of Economics and Business
 

Subjective Uncertainty and the Marginal Propensity to Consume
   By Gizem Kosar; Federal Reserve Bank of New York
   Davide Melcangi; Federal Reserve Bank of New York
   Presented by: Davide Melcangi, Federal Reserve Bank of New York
 

Perceived Unemployment Risks over Business Cycles
   By Xincheng Qiu; Peking University
   Tao Wang; Bank of Canada
   Presented by: Tao Wang, Bank of Canada
 

MPCs Estimated from Tax Lottery, Survey and Administrative Data
   By Christos Kotsogiannis; University of Exeter Business School
   Plutarchos Sakellaris; Athens University of Economics and Business
   Presented by: Plutarchos Sakellaris, Athens University of Economics and Business
 
Session 26: Exchange Rate Pass-Through
June 26, 2025 11:00 to 12:30
Location: 7.0.01
 
Session Chair: Annie Soyean Lee, Johns Hopkins University
 

Exchange Rate Pass-through and Expenditure-Switching Revisited
   By Sarah Gertler; MIT
   Presented by: Sarah Gertler, MIT
 

The Pass-through of Currency Risk Premia
   By Luciana Juvenal; International Monetary Fund
   Paulo Santos Monteiro; University of York
   Presented by: Luciana Juvenal, International Monetary Fund
 

Corporate Dollar Debt and Global Trades: The Role of Firm Heterogeneity
   By Annie Soyean Lee; Johns Hopkins University
   Junhyong Kim; Korea Development Institute
   Saiah Lee; Ulsan National Institute of Science and
   Presented by: Junhyong Kim, Korea Development Institute
 
Session 27: Beliefs, information and portfolio choice
June 26, 2025 11:00 to 12:30
Location: 4.0.02
 
Session Chair: Kyle Dempsey, The Ohio State University
 

Inflation and Trading
   By Andreas Hackethal; Goethe University Frankfurt
   Philip Schnorpfeil; Goethe University Frankfurt
   Michael Weber; University of Chicago
   Presented by: Philip Schnorpfeil, Goethe University Frankfurt
 

Experience-based Learning, Stock Market Participation and Portfolio Choice
   By Richard Foltyn; Norwegian School of Economics
   Presented by: Richard Foltyn, Norwegian School of Economics
 

Credit Scores and Inequality across the Life Cycle
   By Satyajit Chatterjee; Federal Reserve Bank of Philadelphia
   Dean Corbae; University of Wisconsin
   Kyle Dempsey; The Ohio State University
   Jose-Victor Rios-Rull; University of Pennsylvania
   Presented by: Kyle Dempsey, The Ohio State University
 
Session 28: Cyclical Income Risk
June 26, 2025 11:00 to 12:30
Location: 4.1.36
 
Session Chair: Sergio Salgado, The Wharton School, University of Pennsy
 

The Job Ladder, Unemployment Risk, and Incomplete Markets
   By Alex Clymo; University of Essex
   Piotr Denderski; University of Leicester
   Yusuf Mercan; KC Fed
   Benjamin Schoefer; UC Berkeley
   Presented by: Piotr Denderski, University of Leicester
 

Wealth Sorting and Cyclical Employment Risk
   By Amalia Repele; Bocconi
   Presented by: Amalia Repele, Bocconi
 

Monetary Shocks and Labor Income Risk with a Billion Observations
   By Mario Giarda; Banco Central de Chile
   Sergio Salgado; The Wharton School, University of Pennsy
   Presented by: Sergio Salgado, The Wharton School, University of Pennsy
 
Session 29: Data and Firm Performance
June 26, 2025 13:30 to 15:00
Location: 4.1.24
 
 

Democratizing Data: Measuring and Decomposing the Growth of Firms' Data Assets
   By Guillermo Ordonez; University of Pennsylvania
   Laura Veldkamp; Columbia University
   Presented by: Laura Veldkamp, Columbia University
 

The Macroeconomics of Data: Scale, Product Choice, and Pricing in the Information Age
   By alexandre kohlhas
   Presented by: alexandre kohlhas,
 

The Rise of AI Pricing: Trends, Driving Forces, and Implications for Firm Performance
   By Jonathan Adams; University of Florida
   Min Fang; University of Florida
   Zheng Liu; Federal Reserve Bank of San Francisco
   Yajie Wang; University of Missouri
   Presented by: Zheng Liu, Federal Reserve Bank of San Francisco
 
Session 30: Self-Employment: Drivers and Consequences
June 26, 2025 13:30 to 15:00
Location: 7.0.40
 
Session Chair: Eugene Tan, University of Toronto
 

Occupational Choice with Benefits
   By Ellen McGrattan; University of Minnesota
   Presented by: Ellen McGrattan, University of Minnesota
 

The Retirement Gap: Entrepreneurs, Tax Policy, and the Cost of Liquidity
   By Sebastian Dyrda; University of Toronto
   Baxter Robinson; University of Western Ontario
   Renato Magela Zimmermann; University of Toronto
   Presented by: Baxter Robinson, University of Western Ontario
 

The Role of Human Capital Specificity in Entrepreneurship
   By Attila Gyetvai; Bank of Portugal
   Eugene Tan; University of Toronto
   Presented by: Eugene Tan, University of Toronto
 
Session 31: Sufficient Statistics in Macro-Finance
June 26, 2025 13:30 to 15:00
Location: 18.01.11
 
Session Chair: Yu-Ting Chiang, Federal Reserve Bank of St. Louis
 

Aggregate Implications of Deviations from Modigliani-Miller
   By Robert Kurtzman; Board of Governors of the Federal Reserve
   David Zeke; Federal Reserve Board of Governors
   Presented by: David Zeke, Federal Reserve Board of Governors
 

Corporate Taxation, Investment Frictions, and Macroeconomic Dynamics
   By Isaac Baley; Universitat Pompeu Fabra
   Julio Blanco; Federal Reserve Bank of Atlanta
   Presented by: Isaac Baley, Universitat Pompeu Fabra
 

Optimal Asset Market Operations
   By Yu-Ting Chiang; Federal Reserve Bank of St. Louis
   Piotr Zoch; University of Warsaw
   Presented by: Yu-Ting Chiang, Federal Reserve Bank of St. Louis
 
Session 32: Firms and Wages
June 26, 2025 13:30 to 15:00
Location: 7.0.18
 
Session Chair: Justin Bloesch, Cornell University
 

Firms Choices of Wage-Setting Protocols
   By Christopher Flinn; New York University
   Joseph Mullins; University of Minnesota
   Presented by: Joseph Mullins, University of Minnesota
 

Financing from Workers: Can Labor Market Power Mitigate Financial Frictions?
   By Yan Bai; University of Rochester
   Yajie Wang; University of Missouri
   Presented by: Yan Bai, University of Rochester
 

Which Workers Earn More at Productive Firms? Position Specific Skills and Individual Workers Hold-up Power
   By Justin Bloesch; Cornell University
   Birthe Larsen; Copenhagen Business School
   Bledi Taska; New York University
   Presented by: Justin Bloesch, Cornell University
 
Session 33: Production Network
June 26, 2025 13:30 to 15:00
Location: 15.3.01
 
Session Chair: Xincheng Qiu, Peking University
 

A Network Model of Monetary Policy Spillovers
   By Alessandro Ferrari; Universitat Pompeu Fabra
   Alireza Tahbaz-Salehi; Northwestern University
   Presented by: Alireza Tahbaz-Salehi, Northwestern University
 

Production Network Formation, Trade, and Welfare
   By Costas Arkolakis; Yale University
   Federico Huneeus; Duke University
   Yuhei Miyauchi; Boston University
   Presented by: Yuhei Miyauchi, Boston University
 

A Tractable Equilibrium Search Model of Production Network Dynamics
   By Xincheng Qiu; Peking University
   Can Tian; University of North Carolina at Chapel Hill
   Presented by: Xincheng Qiu, Peking University
 
Session 34: On the mechanics of inflation
June 26, 2025 13:30 to 15:00
Location: 4.1.30
 
Session Chair: Marco Bassetto, Federal Reserve Bank of Minneapolis
 

Endogenous price informativeness and optimal policy design
   By Gianluca Femminis; Università Cattolica, Milano
   Giulio Piccirilli; Universitas Mercatorum
   Presented by: Gianluca Femminis, Università Cattolica, Milano
 

Monetary-fiscal interactions during large-scale asset purchase programs
   By Marcin Kolasa; International Monetary Fund
   Malgorzata Walerych; Institute of Economics, Polish Academy of Sciences
   Grzegorz Wesołowski; University of Warsaw
   Presented by: Malgorzata Walerych, Institute of Economics, Polish Academy of Sciences
 

On the Mechanics of Fiscal Inflations
   By Marco Bassetto; Federal Reserve Bank of Minneapolis
   Luca Benzoni; Federal Reserve Bank of Chicago
   Jason Hall; University of Minnesota
   Presented by: Marco Bassetto, Federal Reserve Bank of Minneapolis
 
Session 35: Family and gender in Macro
June 26, 2025 13:30 to 15:00
Location: 4.1.36
 
Session Chair: Kristina Manysheva, Columbia University
 

The Gender Division of Work across Countries
   By Charles Gottlieb; University of Geneva
   Cheryl Doss; Tufts University
   Douglas Gollin; Tufts University
   Markus Poschke; McGill University
   Presented by: Charles Gottlieb, University of Geneva
 

Spousal Insurance Around the World
   By Annika Bacher; BI Norwegian Business School
   Kevin Donovan; Yale University
   Philipp Gruebener; Washington University in St. Louis
   Lukas Nord; University of Pennsylvania
   Todd Schoellman; Federal Reserve Bank of Minneapolis
   Presented by: Todd Schoellman, Federal Reserve Bank of Minneapolis
 

Family Planning in Developing Countries
   By Kristina Manysheva; Columbia University
   Matthias Doepke; LSE
   Presented by: Kristina Manysheva, Columbia University
 
Session 36: Risk, Growth, and Education
June 26, 2025 13:30 to 15:00
Location: 7.0.34
 
Session Chair: Titan Alon, University of California, San Diego
 

Subjective Earnings Shocks
   By Andrew Caplin; New York University
   Victoria Gregory; Federal Reserve Bank of St. Louis
   Ida Hartmann; University of Copenhagen
   Eungik Lee; Indiana University
   Soren Leth-Petersen; University of Copenhagen
   Johan Saeverud; Copenhagen University
   Presented by: Victoria Gregory, Federal Reserve Bank of St. Louis
 

Why did China stop growing?
   By Loren Brandt; University of Toronto
   Ruochen Dai; Central University of Finance and Economics
   Gueorgui Kambourov; University of Toronto
   Kjetil Storesletten; University of Minnesota
   Presented by: Kjetil Storesletten, University of Minnesota
 

College, Debt, and Gender: The Influence of Outside Options on Higher Education
   By Titan Alon; University of California, San Diego
   Menaka Hampole; Yale University
   Laura Murphy; Northwestern University
   Presented by: Titan Alon, University of California, San Diego
 
Session 37: HANK and Business Cycles
June 26, 2025 13:30 to 15:00
Location: 5.0.28
 
Session Chair: Xing Xu, University of Minnesota-Twin Cities
 

Unequal Business Cycles
   By Marcos Sonnervig; FGV EPGE Brazilian School of Economics and Finance
   Presented by: Marcos Sonnervig, FGV EPGE Brazilian School of Economics and Finance
 

HANK’s Response to Aggregate Uncertainty in an Estimated Business Cycle Model
   By Cosmin Ilut; Duke University
   Ralph Luetticke; University Tuebingen
   Martin Schneider; Stanford University
   Presented by: Ralph Luetticke, University Tuebingen
 

Macroprudential Policy According to HANK
   By Javier Bianchi; Federal Reserve Bank of Minneapolis
   Louphou Coulibaly; University of Wisconsin-Madison
   Xing Xu; University of Minnesota-Twin Cities
   Presented by: Xing Xu, University of Minnesota-Twin Cities
 
Session 38: Growth and Degrowth
June 26, 2025 13:30 to 15:00
Location: 7.0.22
 
Session Chair: Timo Trimborn, Aarhus University
 

Growth, Degrowth and the Use of Material Resources
   By Conor Walsh; Columbia University
   Presented by: Conor Walsh, Columbia University
 

A Theory of Endogenous Degrowth and Environmental Sustainability
   By Philippe Aghion; College de France
   Timo Boppart; Stockholm University
   Michael Peters; Yale University
   Matthew Schwartzman; Yale University
   Fabrizio Zilibotti; Yale
   Presented by: Timo Boppart, Stockholm University
 

Economic Growth and Climate Change: Many Trajectories, Many Destinations
   By Thomas Steger; Leipzig University
   Timo Trimborn; Aarhus University
   Presented by: Timo Trimborn, Aarhus University
 
Session 39: The Macroeconomic Consequences of Innovation, Market Power, and Government R&D
June 26, 2025 13:30 to 15:00
Location: 7.0.08
 
Session Chair: Nils Lehr, International Monetary Fund
 

The Returns to Government R&D: Evidence from U.S. Appropriations Shocks
   By Andrew Fieldhouse; Texas A&M University
   Karel Mertens; Federal Reserve Bank of Dallas
   Presented by: Andrew Fieldhouse, Texas A&M University
 

Lock-in and Productive Innovations: Implications for Firm-to-Firm Innovation Pass-Through
   By Lucia Casal; Cornell University
   Presented by: Lucia Casal, Cornell University
 

Does Monopsony Matter for Innovation?
   By Nils Lehr; International Monetary Fund
   Presented by: Nils Lehr, International Monetary Fund
 
Session 40: Cross-Border Financial Flows
June 26, 2025 13:30 to 15:00
Location: 4.0.02
 
Session Chair: Vivian Yue, Emory University
 

Managing Emerging Market Currency Risk
   By Nanyu Chen; Columbia Business School
   Haonan Zhou; University of Hong Kong
   Presented by: Haonan Zhou, University of Hong Kong
 

Geopolitical Risk and Global Banking
   By Leslie Sheng Shen; Federal Reserve Bank of Boston
   Presented by: Leslie Sheng Shen, Federal Reserve Bank of Boston
 

How Credible is Hong Kong's Currency Peg?
   By Urban Jermann; University of Pennsylvania
   Bin Wei; Federal Reserve Bank of Atlanta
   Vivian Yue; Emory University
   Presented by: Vivian Yue, Emory University
 
Session 41: Beliefs and Forecasting
June 26, 2025 13:30 to 15:00
Location: 7.0.28
 
Session Chair: Heng Chen, The University of Hong Kong
 

The Subjective Belief Factor
   By Tingyue Cui
   Ricardo De la O; University of Southern California
   Sean Myers; University of Pennsylvania
   Presented by: Sean Myers, University of Pennsylvania
 

Trend, Cycle and Expectation Formation
   By Heng Chen; The University of Hong Kong
   Presented by: Heng Chen, The University of Hong Kong
 

Explaining the Macroeconomic Inertia Puzzle
   By Michael Cai; Northwestern University
   Presented by: Michael Cai, Northwestern University
 
Session 42: Uncertainty and Supply Chains
June 26, 2025 13:30 to 15:00
Location: 7.0.01
 
Session Chair: Loris Rubini, University of New Hampshire
 

Supply Chain Uncertainty: Pricing, Growth & Blockchains
   By Simone Boldrini; Bocconi University
   Mariano Croce; Bocconi University, CEPR, IGIER and Baffi-Carefin
   Thien Nguyen; Federal Reserve Board
   Daniil Parfenov; Bocconi University
   Claudio Tebaldi; Universita' Commerciale L. Bocconi
   Presented by: Thien Nguyen, Federal Reserve Board
 

Anatomy of the investment network in a commodity dependent economy
   By Roberto Gillmore; Central Bank of Chile
   Rodrigo Heresi; Inter-American Development Bank
   David Kohn; Central Bank of Chile and Pontificia Universidad Católica de Chile
   Dagoberto Quevedo; Banco Central de Chile
   Nicolas Rivera; Central Bank of Chile
   Presented by: David Kohn, Central Bank of Chile and Pontificia Universidad Católica de Chile
 

Expropriations and Cross-Country Heterogeneity in Consumption Volatility
   By Yin Germaschewski; University of New Hampshire
   Jaroslav Horvath; University of New Hampshire
   Loris Rubini; University of New Hampshire
   Presented by: Loris Rubini, University of New Hampshire
 
Session 43: IO in Macro/Trade
June 26, 2025 15:30 to 17:00
Location: 5.0.28
 
Session Chairs:
1. Monica Morlacco, University of Southern California
2. Monica Morlacco, University of Southern California
 

A Matter of Taste: A unified approach to modeling monopsony
   By Fabian Trottner; University of California, San Diego
   Presented by: Fabian Trottner, University of California, San Diego
 

Import Firm Concentration and Tariff Incidence Across Countries
   By Rodrigo Adao; University of Chicago Booth School of Bu
   Ana M Fernandes; The World Bank
   Chang-Tai Hsieh; University of Chicago
   Jose Quintero; The University of Chicago
   Presented by: Rodrigo Adao, University of Chicago Booth School of Bu
 

How Wide is the Market Border?
   By Monica Morlacco; University of Southern California
   Presented by: Monica Morlacco, University of Southern California
 
Session 44: Consumption patterns and structural change
June 26, 2025 15:30 to 17:00
Location: 4.1.30
 
Session Chair: Julieta Caunedo, Cornell University
 

Structural Transformation or Marketization? The Role of Household Production in Consumption Expenditure
   By Akos Valentinyi; University of Manchester
   Presented by: Akos Valentinyi, University of Manchester
 

The Consumer-Product Characteristic Project
   By Laurence Ales; Carnegie Mellon University
   Rebecca Lessem; Carnegie Mellon University
   Christopher Telmer; Carnegie Mellon University
   Ariel Zetlin-Jones; Carnegie Mellon University
   Presented by: Laurence Ales, Carnegie Mellon University
 

Technology Engel Curves: patterns of durable consumption
   By Julieta Caunedo; Cornell University
   Presented by: Julieta Caunedo, Cornell University
 
Session 45: Frictional Labor Market
June 26, 2025 15:30 to 17:00
Location: 18.01.11
 
Session Chair: Ryungha Oh, Northwestern
 

Advising Job Seekers in Occupations with Poor Prospects
   By Michele Belot; Conell University
   Bart de Koning; Cornell University
   Didier Fouarge; Maastricht University
   Philipp Kircher; Cornell University
   Paul Muller; Vrije Universiteit Amsterdam
   Sandra Phlippen; Rijksuniversiteit Groningen
   Presented by: Philipp Kircher, Cornell University
 

Worker Learning and Management
   By Dain Lee; Washington University in St. Louis
   Presented by: Dain Lee, Washington University in St. Louis
 

Assortative Matching through Partially Directed Search
   By Ryungha Oh; Northwestern
   Jaeeun Seo; Northwestern University
   Presented by: Ryungha Oh, Northwestern
 
Session 46: College Attainment, Health, and Inequality
June 26, 2025 15:30 to 17:00
Location: 7.0.28
 
Session Chair: Gajendran Raveendranathan, McMaster University
 

Health Inequality and Economic Disparities by Race, Ethnicity, and Gender
   By Ross Abram; University of Minnesota
   Margherita Borella; University of Torino
   Mariacristina De Nardi; University of Minnesota
   Rory McGee; University of Western Ontario
   Nicolo Russo; Goethe University Frankfurt
   Presented by: Nicolo Russo, Goethe University Frankfurt
 

Escaping the Losses from Trade: The Impact of Heterogeneity and Skill Acquisition
   By Axelle Ferriere; Sciences Po
   Gaston Navarro; Federal Reserve Board
   Ricardo Reyes-Heroles; Federal Reserve Board
   Presented by: Gaston Navarro, Federal Reserve Board
 

Better Late Than Never: Delayed Undergraduate Enrollment and Financial Aid
   By Emily Moschini; William & Mary
   Gajendran Raveendranathan; McMaster University
   Presented by: Emily Moschini, William & Mary
 
Session 47: Regulation, Informality, and Firm Dynamics: Implications for Growth and Productivity
June 26, 2025 15:30 to 17:00
Location: 4.1.36
 
Session Chair: Harun Alp, Federal Reserve Board
 

Informality, Enforcement and Firm Growth
   By Luiz Brotherhood; Universitat de Barcelona
   Daniel Da Mata; Sao Paulo School of Economics - FGV
   Nezih Guner; CEMFI
   Philipp Kircher; Cornell University
   Cezar Santos; Inter-American Development Bank
   Presented by: Cezar Santos, Inter-American Development Bank
 

The Matching between Demand and Productivity
   By Jeremy Pearce; FRB New York
   Liangjie Wu; Einaudi Institute for Economics and Finance
   Presented by: Jeremy Pearce, FRB New York
 

Cost of Size-dependent Regulations: The Role of Informality and Firm Heterogeneity
   By Harun Alp; Federal Reserve Board
   Presented by: Harun Alp, Federal Reserve Board
 
Session 48: Redistributive Policy
June 26, 2025 15:30 to 17:00
Location: 7.0.34
 
 

Pareto Improving Fiscal and Monetary Policies: Samuelson in the New Keynesian Model
   By Mark Aguiar; Princeton University
   Manuel Amador; University of Minnesota and Federal Rese
   Cristina Arellano; Federal Reserve Bank of Minneapolis
   Presented by: Mark Aguiar, Princeton University
 

Optimal Redistribution via Income Taxation and Market Design
   By Mohammad Akbarpour; Stanford University
   Paweł Doligalski; University of Bristol
   Piotr Dworczak; Northwestern University
   Scott Kominers; Harvard University
   Presented by: Paweł Doligalski, University of Bristol
 

Efficiency, Insurance, and Redistribution Effects of Government Policies
   By Anmol Bhandari; University of Minnesota
   David Evans; University of Oregon
   Mikhail Golosov; University of Chicago
   Thomas Sargent; New York University
   Presented by: Anmol Bhandari, University of Minnesota
 
Session 49: Economic fluctuations, earnings, and housing
June 26, 2025 15:30 to 17:00
Location: 7.0.18
 
Session Chair: Karin Kinnerud, BI Norwegian Business School
 

Earnings Instability
   By Joseph Vavra; The University of Chicago
   Presented by: Joseph Vavra, The University of Chicago
 

Refinancing Windows and Monetary Policy in Periods of Credit Expansion
   By Manu García; Federal Reserve Bank in St. Louis
   Carlos Garriga; Federal Reserve Bank of St. Louis
   Presented by: Carlos Garriga, Federal Reserve Bank of St. Louis
 

The Inflation Tilt Effect
   By Sigmund Ellingsrud; BI Norwegian Business School
   Karin Kinnerud; BI Norwegian Business School
   Gisle Natvik; BI Norwegian Business School
   Presented by: Karin Kinnerud, BI Norwegian Business School
 
Session 50: Macroeconomic Effects of Supply Chain Disruptions
June 26, 2025 15:30 to 17:00
Location: 7.0.22
 
Session Chair: Vladimir Smirnyagin, University of Virginia
 

Trade and Inequality under Climate Risk
   By Juanma Castro-Vincenzi; University of Chicago
   Adry Gracio; UT Austin
   Gaurav Khanna; University of California, San Diego
   Nicolas Morales; Federal Reserve Bank of Richmond
   Nitya Pandalai-Nayar; UT Austin
   Presented by: Nitya Pandalai-Nayar, UT Austin
 

Input Sourcing under Climate Risk: Evidence from U.S. Manufacturing Firms
   By Joaquin Blaum; Boston University
   Federico Esposito; Tufts University
   Sebastian Heise; Federal Reserve Bank of New York
   Presented by: Sebastian Heise, Federal Reserve Bank of New York
 

Supply Chain Disruptions, Supplier Capital, and Financial Constraints
   By Vladimir Smirnyagin; University of Virginia
   Presented by: Vladimir Smirnyagin, University of Virginia
 
Session 51: International macro-finance
June 26, 2025 15:30 to 17:00
Location: 4.1.24
 
Session Chair: Rohan Kekre, University of Chicago
 

Exchange Rate Models Are Better than You Think, and Why They Didn't Work in the Old Days
   By Charles Engel; University of Wisconsin
   Steve Pak Yeung Wu; University of California, San Diego
   Presented by: Charles Engel, University of Wisconsin
 

International Risk Sharing and the Transmission of Shocks Redux
   By Sushant Acharya; University of Melbourne
   Edouard Challe; Paris School of Economics
   Louphou Coulibaly; University of Wisconsin-Madison
   Presented by: Edouard Challe, Paris School of Economics
 

Capital Flows and Asset Prices in General Equilibrium
   By Rohan Kekre; University of Chicago
   Moritz Lenel; Princeton University
   Presented by: Rohan Kekre, University of Chicago
 
Session 52: Labor Heterogeneity: Occupations and Reallocation
June 26, 2025 15:30 to 17:00
Location: 7.0.40
 
Session Chair: Leonard Bocquet, University of Cambridge
 

The (Un)Fortunate Poor: Occupational Sorting with Financial Frictions
   By Jan Eeckhout; UPF Barcelona (BSE, ICREA, CREI)
   Rory McGee; University of Western Ontario
   Alireza Sepahsalari; Bristol University
   Peter Spittal; University of Bristol
   Presented by: Alireza Sepahsalari, Bristol University
 

For Whom the Bot Tolls: Skills and the Earnings Effects of AI
   By Lukas Freund; Columbia University
   Lukas Mann; Federal Reserve Bank of Minneapolis
   Presented by: Lukas Mann, Federal Reserve Bank of Minneapolis
 

The Network Origin of Slow Labor Reallocation
   By Leonard Bocquet; University of Cambridge
   Presented by: Leonard Bocquet, University of Cambridge
 
Session 53: Monetary Policy and Unanchored Expectations
June 26, 2025 15:30 to 17:00
Location: 7.0.08
 
 

Disagreement About the Term Structure of Inflation Expectations
   By Hie Joo Ahn; Federal Reserve Board
   Leland Farmer; University of Virginia
   Presented by: Leland Farmer, University of Virginia
 

Monetary Policy without an Anchor
   By Luigi Bocola; Stanford University
   Alessandro Dovis; University of Pennsylvania
   Kasper Jorgensen; European Central Bank
   Rishabh Kirpalani; University of Wisconsin
   Presented by: Luigi Bocola, Stanford University
 

Price Setting when Expectations are Unanchored
   By Marco Bonomo; Insper
   Carlos Carvalho; Kapitalo Investimentos and PUC-Rio
   Stefano Eusepi; Brown University
   Presented by: Stefano Eusepi, Brown University
 
Session 54: Environmental policy and misallocation
June 26, 2025 15:30 to 17:00
Location: 4.0.02
 
Session Chair: Shane Mahen, University of Cambridge
 

CarbonTaxes andMisallocation in Chile
   By Peter Klenow; Stanford University
   Ernesto Pasten; Banco Central de Chile
   Cian Ruane; Central Bank of Ireland
   Presented by: Ernesto Pasten, Banco Central de Chile
 

Environmentally-Responsible Demand: Irresponsible Lobbying
   By Sonja Dobkowitz; DIW Berlin
   Olimpia Cutinelli-Rendina; Paris School of Economics
   Antoine Mayerowitz; Collège de France
   Presented by: Sonja Dobkowitz, DIW Berlin
 

The Clean Transition in a Network Economy
   By Shane Mahen; University of Cambridge
   Presented by: Shane Mahen, University of Cambridge
 
Session 55: Banking
June 26, 2025 15:30 to 17:00
Location: 7.0.01
 
 

Bank Stocks and Deposit Flows: Partners in Banking Stress
   By Pablo D'Erasmo; FRB Philadelphia
   Presented by: Pablo D'Erasmo, FRB Philadelphia
 

The Banking Channel and State-Dependent Effects of Monetary Policy
   By Martin Eichenbaum; Northwestern University
   Federico Puglisi; Bank of Italy
   Sergio Rebelo; Northwestern University
   Mathias Trabandt; Goethe University Frankfurt
   Presented by: Federico Puglisi, Bank of Italy
 

Capital Market Integration and Growth Across the United States
   By Maxim Alekseev; Harvard University
   Leonardo D'Amico; Harvard University
   Presented by: Leonardo D'Amico, Harvard University
 
Session 56: Heterogeneous agents
June 26, 2025 15:30 to 17:00
Location: 15.3.01
 
Session Chair: Elisa Rubbo, University of Chicago
 

Second Order Solutions in the Sequence Space
   By Adrien Auclert; Stanford University
   Rodolfo Rigato; European Central Bank
   Matthew Rognlie; Northwestern University
   Ludwig Straub; Harvard
   Presented by: Adrien Auclert, Stanford University
 

The Trouble with Rational Expectations in Heterogeneous Agent Models: A Challenge for Macroeconomics
   By Benjamin Moll; LSE
   Presented by: Benjamin Moll, LSE
 

Tariff Incidence Across the Income Distribution
   By Elisa Rubbo; University of Chicago
   Presented by: Elisa Rubbo, University of Chicago
 
Session 57: Weak Links, Product Choice and Misallocation
June 27, 2025 9:00 to 10:30
Location: 4.1.36
 
Session Chair: Shi Yuen Shu, The Chinese University of Hong Kong, Shenzhen
 

Misallocaiton and Product Choice
   By Stepan Gordeev; Texas Christian University
   Sudhir Singh; World Bank
   Presented by: Stepan Gordeev, Texas Christian University
 

Specialization, Complexity & Resilience in Supply Chains
   By Alessandro Ferrari; Universitat Pompeu Fabra
   Lorenzo Pesaresi; University of Zurich
   Presented by: Alessandro Ferrari, Universitat Pompeu Fabra
 

Is Electricity A Weak Link in Economic Development
   By Jonathan Colmer; University of Virginia
   David Lagakos; Boston University
   Shi Yuen Shu; The Chinese University of Hong Kong, Shenzhen
   Presented by: Shi Yuen Shu, The Chinese University of Hong Kong, Shenzhen
 
Session 58: Implications of Divorce on Household Behavior
June 27, 2025 9:00 to 10:30
Location: 7.0.18
 
Session Chair: Tim Obermeier, University of Leicester
 

Taxation and Household Decisions: an Intertemporal Analysis
   By Mary Ann Bronson; Georgetown University
   Daniel Haanwinckel; UCLA
   Maurizio Mazzocco; UCLA
   Presented by: Daniel Haanwinckel, UCLA
 

Staying together forever? Life-cycle effects of overoptimistic couples
   By Ursula Berresheim; University of Mannheim
   David Koll; University of Mannheim
   Presented by: David Koll, International Monetary Fund
 

The Marriage Market, Wage Risk and Tax Progressivity
   By Piotr Denderski; University of Leicester
   Tim Obermeier; University of Leicester
   Presented by: Tim Obermeier, University of Leicester
 
Session 59: Of workers and firms
June 27, 2025 9:00 to 10:30
Location: 4.1.24
 
Session Chair: Rasmus Lentz, University of Wisconsin Madison
 

Learning on the Job
   By William Jungerman; University of North Carolina, Chapel Hill
   Jacob Adenbaum; University of Edinburgh
   Fil Babalievsky; Census Bureau
   Presented by: William Jungerman, University of North Carolina, Chapel Hill
 

“The Importance of Working for Earnest”: Climbing the Job Ladder through Firms’ Connectivity
   By Francesco Del Prato; Aarhus University
   Presented by: Francesco Del Prato, Aarhus University
 

A Hidden Markov Model of Wages and Employment Mobility with Worker and Firm Heterogeneity: Evidence from Danish and Italian Register Data
   By Long Hong; Arizona State University
   Rasmus Lentz; University of Wisconsin Madison
   Jean-Marc Robin; Sciences Po
   Presented by: Rasmus Lentz, University of Wisconsin Madison
 
Session 60: Firms' Product and Technology Choices
June 27, 2025 9:00 to 10:30
Location: 7.0.22
 
Session Chair: Ruben Piazzesi, University of Pennsylvania
 

Technology Choice, Spillovers, and the Concentration of R&D
   By Todd Lensman; Massachusetts Institute of Technology
   Presented by: Todd Lensman, Massachusetts Institute of Technology
 

Product Switching and Young Firm Dynamics
   By Seula Kim; Penn State University
   Karam Jo; Penn State University
   Presented by: Seula Kim, Penn State University
 

Technifying Ventures
   By Yoshiki Ando; Boston University
   Jeremy Greenwood; University of Pennsylvania
   Ruben Piazzesi; University of Pennsylvania
   Presented by: Ruben Piazzesi, University of Pennsylvania
 
Session 61: Inflation Dynamics with Networks and Firm Heterogeneity
June 27, 2025 9:00 to 10:30
Location: 18.01.11
 
Session Chair: Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi)
 

Household Relief Programs: a Macroeconomic Analysis
   By alan olivi; University College London
   Vincent Sterk; University College London
   Dajana Xhani; Tilburg University
   Presented by: Vincent Sterk, University College London
 

Micro and macro cost-price dynamics in normal times and during inflation surges
   By Luca Gagliardone; New York University
   Mark Gertler; NYU
   Simone Lenzu; New York University
   Joris Tielens; National Bank of Belgium
   Presented by: Simone Lenzu, New York University
 

Business Cycles with Pricing Cascades
   By Mishel Ghassibe; Centre de Recerca en Economia Internacio
   Presented by: Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi)
 
Session 62: Green Macro Finance
June 27, 2025 9:00 to 10:30
Location: 7.0.28
 
Session Chair: Gauthier Vermandel, Ecole polytechnique, Institut Polytechni
 

The Carbon Risk Premium Revisited: The Role of Production Networks
   By Shubo Kou; Pbc school of Tsinghua University
   Kai Li; Peking University
   Minghao Li; Peking University
   Presented by: Kai Li, Peking University
 

Green Intermediary Asset Pricing
   By Maxime Sauzet; Boston University
   Presented by: Maxime Sauzet, Boston University
 

The New Keynesian Climate Model
   By Jean-Guillaume Sahuc; Banque de France
   Frank Smets; BIS
   Gauthier Vermandel; Ecole polytechnique, Institut Polytechni
   Presented by: Gauthier Vermandel, Ecole polytechnique, Institut Polytechni
 
Session 63: Monetary policy and credit markets
June 27, 2025 9:00 to 10:30
Location: 15.3.01
 
Session Chair: Christian Bustamante, Bank of Canada
 

Mortgage Market Structure and the Transmission of Monetary Policy During the Great Inflation
   By Aaron Hedlund; Purdue University
   Kieran Larkin; Stockholm University
   Kurt Mitman; CEMFI
   Serdar Ozkan; Federal Reserve Bank of St Louis
   Presented by: Kieran Larkin, Stockholm University
 

From Rates to Riches: How Danish Homeowners Respond to Interest Rate Shocks
   By David Berger; Duke University
   Jaehun Jeong; Duke
   Julie Marx; Copenhagen Business School
   Maria Olesen; CBS
   Fabrice Tourre; Baruch College
   Presented by: David Berger, Duke University
 

The Heterogeneous Transmission of Monetary Policy via the Household Credit Channel
   By Christian Bustamante; Bank of Canada
   Katya Kartashova; Bank of Canada
   Soyoung Lee; Bank of Canada
   Alexander Ueberfeldt; Bank of Canada
   Presented by: Christian Bustamante, Bank of Canada
 
Session 64: Labor and Development
June 27, 2025 9:00 to 10:30
Location: 7.0.40
 
Session Chair: Martina Kirchberger, Trinity College Dublin
 

Causes and Consequences of Underutilization: Evidence from Uganda
   By Anna Vitali; New York University
   Presented by: Anna Vitali, New York University
 

Informality and the Child Penalty in Developing Countries
   By Gabriel Ulyssea; UCL
   Presented by: Gabriel Ulyssea, UCL
 

Constructing Africa's Cities
   By Martina Kirchberger; Trinity College Dublin
   Presented by: Martina Kirchberger, Trinity College Dublin
 
Session 65: Banks
June 27, 2025 9:00 to 10:30
Location: 7.0.08
 
Session Chair: Jordan Pandolfo, Federal Reserve Bank of Kansas City
 

What Makes Depositors Tick?
   By Fernando Cirelli; Columbia University
   Arna Olafsson; Copenhagen Business School
   Presented by: Fernando Cirelli, Columbia University
 

Monetary Policy Transmission, Bank Market Power, and Income Source
   By Jordan Pandolfo; Federal Reserve Bank of Kansas City
   Presented by: Jordan Pandolfo, Federal Reserve Bank of Kansas City
 
Session 66: Economics of AI
June 27, 2025 9:00 to 10:30
Location: 5.0.28
 
 

The Labor Market Impact of Artificial Intelligence: Evidence from US Regions
   By Yueling Huang; International Monetary Fund
   Presented by: Yueling Huang, International Monetary Fund
 

An Eddie Lazear Model of AI and Labor Markets: Theory Meets Resume Data
   By Matteo Chequer; University of Minnesota
   Kyle Herkenhoff; University of Minnesota
   Dimitris Papanikolaou; Northwestern University
   Lawrence Schmidt; Massachusetts Institute of Technology
   Bryan Seegmiller; Northwestern University
   Presented by: Kyle Herkenhoff, University of Minnesota
 

Conversations at Scale: Robust AI-led Interviews with a Simple Open-Source Platform
   By Friedrich Geiecke; LSE
   Xavier Jaravel; London School of Economics
   Presented by: Xavier Jaravel, London School of Economics
 
Session 67: Inflation Dynamics
June 27, 2025 9:00 to 10:30
Location: 7.0.01
 
 

On the recent inflation surge in the euro area: Monetary policy when the Phillips curves ... are curves
   By Alexandre Carrier; European Central Bank
   Alex Grimaud; OeNB and TU Wien
   Presented by: Alex Grimaud, OeNB and TU Wien
 

Good Inflation, Bad Inflation: Implications for Risky Asset Prices
   By Diego Bonelli; Banco de España
   Berardino Palazzo; Federal Reserve Board
   Ram Yamarthy; Federal Reserve Board of Governors
   Presented by: Diego Bonelli, Banco de España
 

From Linear to Nonlinear: Rethinking Inflation Dynamics in the Calvo Pricing Mechanism
   By Aleš Maršál; National Bank of Slovakia
   Katrin Rabitsch; Vienna University of Economics and Business
   Tom Holden; Deutsche Bundesbank
   Presented by: Aleš Maršál, National Bank of Slovakia
 
Session 68: Human capital accumulation
June 27, 2025 9:00 to 10:30
Location: 4.0.02
 
 

Schooled by Trade? Retraining and Import Competition
   By Lucas Conwell; University College London
   John Finlay; Imperial College London
   Presented by: John Finlay, Imperial College London
 

Fostering Development Through Higher Education: College Attainment, Firms and Economic Growth
   By Alvaro Cox Lescano; Universidad Carlos III de Madrid
   Presented by: Alvaro Cox Lescano, Universidad Carlos III de Madrid
 

College as Human Capital Investments or Tournament: A Macroeconomic Analysis
   By Siyu Shi; European University Institute
   Presented by: Siyu Shi, European University Institute
 
Session 69: Incomplete Markets and Stabilization
June 27, 2025 9:00 to 10:30
Location: 7.0.34
 
Session Chair: Erzo Luttmer, University of Minnesota
 

When does household heterogeneity matter for aggregate fluctuations?
   By Zheng Gong; University of Bonn
   Presented by: Zheng Gong, University of Bonn
 

Inflation vs Inclusion: Stabilization Policy in the Wake of the Pandemic
   By Felipe Alves
   Giovanni Violante; Princeton University
   Presented by: Giovanni Violante, Princeton University
 

Unique Implementation of Permanent Primary Deficits?
   By Amol Amol
   Erzo Luttmer; University of Minnesota
   Presented by: Erzo Luttmer, University of Minnesota
 
Session 70: Macro Perspectives on History and Growth
June 27, 2025 9:00 to 10:30
Location: 4.1.30
 
Session Chair: Rachel Ngai, London School of Economics
 

Tariffs and State Capacity: A Specific Example
   By Erik Madsen; New York University
   Martin Rotemberg; New York University
   Sharon Traiberman; NYU
   Shizhuo Wang; New York University
   Presented by: Martin Rotemberg, New York University
 

Learning by Mail: The Impact of Correspondence Schools in Early 20th Century America
   By Daniela Vidart; University of Connecticut
   Presented by: Daniela Vidart, University of Connecticut
 

Sowing seeds of mobility: Uneven Impact of Land Reforms
   By Rachel Ngai; London School of Economics
   Presented by: Rachel Ngai, London School of Economics
 
Session 71: Income dynamics and inequality
June 27, 2025 11:00 to 12:30
Location: 7.0.22
 
Session Chair: Luigi Maria Briglia, University of Tübingen
 

Earnings dynamics and top-earnings inequality
   By Karl Harmenberg; University of Oslo
   Raysa Lizarraga; BI Norwegian Business School
   Presented by: Karl Harmenberg, University of Oslo
 

Firm pay and consumption inequality
   By Sigurd Galaasen; Norges Bank
   Andreas Kostol; BI Norwegian Business School
   Michael Simmons; Umea University
   Presented by: Michael Simmons, Umea University
 

Income Risk, Unpredicted Expenses, and Transitions Toward Zero-Wealth.
   By Luigi Maria Briglia; University of Tübingen
   Presented by: Luigi Maria Briglia, University of Tübingen
 
Session 72: Firms and the Macroeconomy
June 27, 2025 11:00 to 12:30
Location: 18.01.11
 
Session Chair: Thomas Philippon, New York University
 

Ideas and Firm Dynamics When It Takes Two to Tango
   By Seula Kim; Penn State University
   Jane Olmstead-Rumsey; London School of Economics
   Presented by: Jane Olmstead-Rumsey, London School of Economics
 

Business Concentration around the World: 1900–2020
   By Yueran Ma; University of Chicago
   Mengdi Zhang; Northwestern University
   Kaspar Zimmermann; Frankfurt School
   Presented by: Yueran Ma, University of Chicago
 

Additive Firm Dynamics
   By Simone Lenzu; NYU Stern
   Thomas Philippon; New York University
   Joris Tielens; National Bank of Belgium
   Presented by: Thomas Philippon, New York University
 
Session 73: Production scale and scope
June 27, 2025 11:00 to 12:30
Location: 4.1.24
 
Session Chair: Alexandr Kopytov, University of Rochester
 

Innovation Bursts
   By Maarten De Ridder; London School of Economics
   Presented by: Maarten De Ridder, London School of Economics
 

Customer Base Investment, Endogenous Turnover, and Trends in Business Dynamism
   By Joachim Hubmer; University of Pennsylvania
   Lukas Nord; University of Pennsylvania
   Presented by: Joachim Hubmer, University of Pennsylvania
 

Endogenous returns to scale
   By Alexandr Kopytov; University of Rochester
   Mathieu Taschereau-Dumouchel; Cornell University
   Zebang Xu; Cornell University
   Presented by: Alexandr Kopytov, University of Rochester
 
Session 74: International Macro and Growth
June 27, 2025 11:00 to 12:30
Location: 5.0.28
 
Session Chair: Sergio de Ferra, University of Oxford
 

Export-led Growth and Inequality
   By Rafael Guntin; University of Rochester
   Pablo Ottonello; University of Maryland
   Diego Perez; New York University
   Presented by: Rafael Guntin, University of Rochester
 

Connected for Better or Worse? The Role of Production Networks in Financial Crises
   By Eugenio Rojas; University of Florida
   Felipe Saffie; University of Virginia
   Jorge Miranda-Pinto; IMF
   Alvaro Silva; Federal Reserve Bank of Boston
   Presented by: Eugenio Rojas, University of Florida
 

Unequal Geopolitical Risk
   By Sergio de Ferra; University of Oxford
   Gabriel Fritsch; University of Oxford
   Kurt Mitman; CEMFI
   Federica Romei; University of Oxford
   Presented by: Sergio de Ferra, University of Oxford
 
Session 75: Wage and Price Inflation
June 27, 2025 11:00 to 12:30
Location: 7.0.28
 
Session Chair: Ana Figueiredo, VU Amsterdam
 

How Does Inflation ``Grease the Wheels'' in a Frictional Labor Market?
   By jafet baca obando; Emory University
   Julio Blanco; Atlanta Fed and Emory University
   Andres Drenik; University of Texas at Austin
   Presented by: Julio Blanco, University of Michigan
 

Labor Shortages, Immigration, and Inflation
   By Federico Mandelman; Federal Reserve Bank of Atlanta
   Presented by: Federico Mandelman, Federal Reserve Bank of Atlanta
 

The Illusion of Cyclicality in Entry Wages
   By Ana Figueiredo; VU Amsterdam
   Presented by: Ana Figueiredo, VU Amsterdam
 
Session 76: Credit cards and debt
June 27, 2025 11:00 to 12:30
Location: 7.0.40
 
Session Chair: Peter Maxted, UC Berkeley
 

Default Risk and Pricing in the U.S. Market
   By Kyle Dempsey; The Ohio State University
   Felicia Ionescu; Federal Reserve Board
   Presented by: Felicia Ionescu, Federal Reserve Board
 

Consumer Credit Regulation and Lender Market Power
   By Zachary Bethune; Rice University
   Joaquin Saldain Descalzi; Bank of Canada
   Eric Young; University of Virginia
   Presented by: Zachary Bethune, Rice University
 

Credit Card Borrowing in Heterogeneous-Agent Models: Reconciling Theory and Data
   By Sean Lee; Harvard University
   Peter Maxted; UC Berkeley
   Presented by: Peter Maxted, UC Berkeley
 
Session 77: Capital Accumulation in Production Networks
June 27, 2025 11:00 to 12:30
Location: 4.1.30
 
Session Chair: Xiang Ding, Georgetown University
 

Long-Run Comparative Statics
   By Hannes Malmberg; University of Minnesota
   David Baqaee; UCLA
   Presented by: Hannes Malmberg, University of Minnesota
 

Structural Change in Production Networks and Economic Growth
   By Paul Gaggl; UNC Charlotte
   Aspen Gorry; Clemson University
   Christian vom Lehn; Brigham Young University
   Presented by: Christian vom Lehn, Brigham Young University
 

Capital Services in Global Value Chains
   By Xiang Ding; Georgetown University
   Presented by: Xiang Ding, Georgetown University
 
Session 78: Topics in Monetary Policy
June 27, 2025 11:00 to 12:30
Location: 4.1.36
 
Session Chair: Belinda Tracey, Bank of England
 

The Aggregate Supply of Capital
   By Juan Herreno; University of California, San Diego
   Johannes Wieland; UCSD
   Presented by: Juan Herreno, University of California, San Diego
 

Monetary Policy without Moving Interest Rates: The Fed Non-Yield Shock
   By Christoph Boehm; UT Austin
   Niklas Kroner; Board of Governors of the Federal Reserv
   Presented by: Christoph Boehm, UT Austin
 

Monetary Policy, Household Debt and Consumption: Evidence from Natural Experiments
   By Atif Mian; Princeton Univ
   Belinda Tracey; Bank of England
   Presented by: Belinda Tracey, Bank of England
 
Session 79: Information, Expectations, and Macroeconomic Shocks
June 27, 2025 11:00 to 12:30
Location: 7.0.34
 
 

Fiscal Shocks or Fiscal News? Evidence from Daily Fiscal Expectations
   By Miguel Bandeira; Insper
   Marco Bonomo; Insper
   Carlos Carvalho; Kapitalo Investimentos and PUC-Rio
   Marcos Mendes; Insper
   Presented by: Marco Bonomo, Insper
 

From Buzz to Bust: How Fake News Shapes the Business Cycle
   By Patrick FEVE; TSE
   Presented by: Patrick Fève, Toulouse School of Economics
 

Disentangling Monetary Policy, Central Bank Information, and Fed Response to News Shocks
   By Marek Jarocinski; European Central Bank
   Peter Karadi; European Central Bank
   Presented by: Peter Karadi, European Central Bank
 
Session 80: Welfare Costs of Inflation
June 27, 2025 11:00 to 12:30
Location: 15.3.01
 
Session Chair: Florin Bilbiie, University of Cambridge
 

The Welfare Costs of Inflation Reconsidered
   By Luca Benati; Department of Economics
   Juan Nicolini; Federal Reserve Bank of Minneapolis
   Presented by: Luca Benati, Department of Economics
 

Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs
   By Joao Guerreiro; UCLA
   Jonathon Hazell; London School of Economics
   Chen Lian; UC Berkeley
   Christina Patterson; University of Chicago, Booth School of B
   Presented by: Jonathon Hazell, London School of Economics
 

Greed? Profits, Inflation, and Aggregate Deman
   By Florin Bilbiie; University of Cambridge
   Diego Kanzig; Northwestern University
   Presented by: Florin Bilbiie, University of Cambridge
 
Session 81: Family economics
June 27, 2025 11:00 to 12:30
Location: 7.0.08
 
Session Chair: Guillaume Vandenbroucke, Federal Reserve Bank of Saint Louis
 

The Colocation Friction: Dual-Earner Job Search and Labor Market Outcomes
   By Hanno Foerster; Boston College
   Robert Ulbricht; Boston College
   Presented by: Hanno Foerster, Boston College
 

Female Financial Portfolio Choices and Marital Property Regimes
   By Lidia Cruces De Sousa; Goethe University Frankfurt
   Isabel Micó-Millán; Bank of Spain
   Susana Parraga Rodriguez; ECB
   Presented by: Lidia Cruces De Sousa, Goethe University Frankfurt
 

Parents, Patience, and Persistence: A Novel Theory of Intergenerational College Attainment
   By David Fuller; University of Wisconsin-Oshkosh
   Guillaume Vandenbroucke; Federal Reserve Bank of Saint Louis
   Presented by: Guillaume Vandenbroucke, Federal Reserve Bank of Saint Louis
 
Session 82: Exchange rate passthrough
June 27, 2025 11:00 to 12:30
Location: 7.0.01
 
Session Chair: Evangelos Vassilatos,
 

Inelastic Financial Markets and Foreign Exchange Interventions
   By Chang He; University of Virginia
   Presented by: Chang He, University of Virginia
 

Foreign Reserves and Capital Controls: A Financial Development Perspective
   By Chang Ma; Fudan University
   Hidehiko Matsumoto; Keio University
   Presented by: Hidehiko Matsumoto, Keio University
 

On the Pass-through of Primary Commodity Prices to Real Exchange Rates
   By Joao Ayres; Inter-American Development Bank
   Constantino Hevia; Universidad Torcuato Di Tella
   Juan Pablo Nicolini; Minneapolis Fed
   Presented by: Juan Pablo Nicolini, Minneapolis Fed
 
Session 83: Distortions, subsidies and agricultural productivity
June 27, 2025 11:00 to 12:30
Location: 4.0.02
 
Session Chair: Heitor Pellegrina, University of Notre Dame
 

Decomposing Crop Loss: The Role of Subsidies and Market Price Uncertainty
   By Olivia Lattus; Brown University
   Presented by: Olivia Lattus, Brown University
 

Farm Size Distribution, Weather Shocks, and Agricultural Productivity
   By Heitor Pellegrina; University of Notre Dame
   Presented by: Heitor Pellegrina, University of Notre Dame
 

The Macroeconomic Impact of Agricultural Input Subsidies
   By Karol Mazur; Peking University
   Laszlo Tetenyi; Banco de Portugal
   Presented by: Karol Mazur, Peking University
 
Session 84: Multidimensional screening
June 27, 2025 11:00 to 12:30
Location: 7.0.18
 
Session Chair: Job Boerma, University of Wisconsin
 

Selling with Network Flows: A New Approach to Multi-Dimensional Mechanism Design
   By Alexey Kushnir; Carnegie Mellon University
   Ali Shourideh; Carnegie Mellon University
   Presented by: Ali Shourideh, Carnegie Mellon University
 

Nested Bundling
   By Frank Yang; Stanford University
   Presented by: Frank Yang, Stanford University
 

Bunching and Taxing Multidimensional Skill
   By Job Boerma; University of Wisconsin
   Aleh Tsyvinski; Yale University
   Alexander Zimin; MIT
   Presented by: Job Boerma, University of Wisconsin
 
Session 85: Nature v Nurture
June 27, 2025 13:30 to 15:00
Location: 4.1.30
 
 

Genetic Endowments and Lifetime Earnings: Understanding the Mechanisms
   By Eric French; University of Cambridge
   Weilong Zhang; University of Cambridge
   Presented by: Weilong Zhang, University of Cambridge
 

Social Interactions and College Choice
   By Katarina Borovickova; Federal Reserve Bank of Richmond
   Angela Crema; New York University
   Anusha Nath; Federal Reserve Bank of Minneapolis
   Presented by: Katarina Borovickova, Federal Reserve Bank of Richmond
 

Culture, Human Capital, and Scarcity of Managers
   By Alberto Rivera-Padilla; Tulane University
   Presented by: Alberto Rivera-Padilla, Tulane University
 
Session 86: Markups and Innovation Through a Financial Lens
June 27, 2025 13:30 to 15:00
Location: 18.01.11
 
Session Chair: PONTUS RENDAHL, University of Cambridge
 

New Products
   By Abhiroop Mukherjee; Hong Kong University of Science and Tech
   Bruno Pellegrino; Columbia GSB
   Alminas Zaldokas; National University of Singapore
   Yiman Ren; UMichigan Ross
   Tomas Thornquist; AXA Chorus IM
   Presented by: Bruno Pellegrino, Columbia GSB
 

Borrowing Constraints, Markups, and Misallocation
   By Huiyu Li; Federal Reserve Bank of San Francisco
   Chen Lian; UC Berkeley
   Yueran Ma; University of Chicago
   Emily Martell; University of California Berkeley
   Presented by: Huiyu Li, Federal Reserve Bank of San Francisco
 

Market power, growth, and wealth inequality
   By Giammario Impullitti; University of Nottingham
   Pontus Rendahl; Copenhagen Business School
   Presented by: PONTUS RENDAHL, University of Cambridge
 
Session 87: Factor Market Impacts of Climate Change
June 27, 2025 13:30 to 15:00
Location: 4.1.36
 
Session Chair: Tianzi Liu, Cornell University
 

Carbon Tax and Labor Reallocation: The Role of Firm Heterogeneity and Energy Efficiency
   By Francois Fontaine; Paris School of Economics
   Carole Marullaz; University of Zurich
   Katheline Schubert; Paris School of Economics
   Presented by: Francois Fontaine, Paris School of Economics
 

The Environmental Bias of Corporate Income Taxation
   By Luigi Iovino; Bocconi University
   Julien Sauvagnat; Bocconi University
   Thorsten Martin; Frankfurt School
   Presented by: Luigi Iovino, Bocconi University
 

The factor bias of climate change, labor share, and the distribution of income
   By Tianzi Liu; Cornell University
   Ivan Rudik; Cornell University
   Zebang Xu; Cornell University
   Presented by: Zebang Xu, Cornell University
 
Session 88: International finance in emerging markets
June 27, 2025 13:30 to 15:00
Location: 5.0.28
 
Session Chair: Ina Simonovska, UC Davis
 

Dollar Debt and the Inefficient Global Financial Cycle
   By Paul Fontanier; Yale University
   Presented by: Paul Fontanier, Yale University
 

Economic Stabilizers in Emerging Markets: The Case for Trade Credit
   By Bryan Hardy; Bank for International Settlements
   Felipe Saffie; University of Virginia
   Ina Simonovska; UC Davis
   Presented by: Ina Simonovska, UC Davis
 
Session 89: Technology, Innovation, and Growth
June 27, 2025 13:30 to 15:00
Location: 15.3.01
 
Session Chair: Marta Prato, Bocconi University
 

Technology, Peers at Work, and Inequality
   By Gregor Jarosch; Duke
   Ezra Oberfield; Cornell University
   Esteban Rossi-Hansberg; University of Chicago
   Jeffrey Sun; University of Toronto
   Presented by: Ezra Oberfield, Cornell University
 

Did US Multinationals Transfer Too Much Technology to China?
   By Jaedo Choi; Board of Governors of the Federal Reserv
   George Cui; University of Michigan
   Younghun Shim; International Monetary Fund
   Yongseok Shin; Washington University in St. Louis
   Presented by: Yongseok Shin, Washington University in St. Louis
 

The Geography of Innovative Firms
   By Marta Prato; Bocconi University
   Presented by: Marta Prato, Bocconi University
 
Session 90: Career Mobility and Job Dynamics
June 27, 2025 13:30 to 15:00
Location: 7.0.34
 
Session Chair: Chen Yeh, Federal Reserve Bank of Richmond
 

Is the Child Penalty Sustaining the Glass Ceiling Effect?
   By Danial Ali Akbari; University of Oslo
   Thomas Fischer; Lund University
   Demid Getik; Durham University
   Presented by: Thomas Fischer, Lund University
 

Career Mobility in Dual Labor Markets
   By Christopher Busch; Ludwig-Maximilian-University Munich
   Ismael Gálvez Iniesta; Universitat de les Illes Balears
   Eugenia González-Aguado; University of Minnesota - Twin Cities
   Ludo Visschers; Universidad Carlos III de Madrid
   Presented by: Christopher Busch, Ludwig-Maximilian-University Munich
 

Job Dynamics with Staffed Labor
   By Andrea Atencio; UIUC
   Claudia Macaluso; Federal Reserve Bank of Richmond
   Chen Yeh; Federal Reserve Bank of Richmond
   Presented by: Chen Yeh, Federal Reserve Bank of Richmond
 
Session 91: Mortgages and consumption
June 27, 2025 13:30 to 15:00
Location: 7.0.18
 
Session Chair: Michael Boutros, University of Toronto
 

Flooded House or Underwater Mortgage? The Macrofinancial Implications of Climate Change and Adaptation
   By Yasmine Van der Straten; University of Amsterdam
   Presented by: Yasmine Van der Straten, University of Amsterdam
 

The Composition and Concentration of Wealth: Fiscal and Monetary Policy Implications
   By Bulent Guler; Indiana University Bloomington
   Burhan Kuruscu; University of Toronto
   Baxter Robinson; University of Western Ontario
   Presented by: Burhan Kuruscu, University of Toronto
 

Savings and Consumption Responses to Persistent Income Shocks
   By Brian Higgins; IIES, Stockholm University
   Terry O'Malley; Unaffiliated
   FAng Yao; Central Bank of Ireland
   Presented by: Brian Higgins, IIES, Stockholm University
 
Session 92: Cross-Sectional Heterogeneity and Distributional Effects
June 27, 2025 13:30 to 15:00
Location: 7.0.22
 
 

Estimation of Portable Statistics when Agents are Heterogeneous - An Application to Cross-Sectional Multipliers
   By Paula Donaldson; UCSD
   Presented by: Paula Donaldson, UCSD
 

Measuring the Effects of Aggregate Shocks on Unit-Level Outcomes and Their Distribution
   By Stephanie Ettmeier; University of Bonn
   Chi Hyun Kim; University of Bonn
   Frank Schorfheide; University of Pennsylvania
   Presented by: Stephanie Ettmeier, University of Bonn
 

Decomposing Black-White Wealth Differences: Earnings, Demographics, and Rates of Return
   By Kartik Athreya; Federal Reserve Bank of Richmond
   Grey Gordon; FRB of Richmond
   John Jones; Federal Reserve Bank of Richmond
   Urvi Neelakantan; Federal Reserve Bank of Richmond
   Presented by: Urvi Neelakantan, Federal Reserve Bank of Richmond
 
Session 93: The Fiscal Channel of Monetary Policy
June 27, 2025 13:30 to 15:00
Location: 7.0.28
 
 

Quantifying the fiscal channel of monetary policy
   By Frederik Kurcz; DIW Berlin
   Presented by: Frederik Kurcz, DIW Berlin
 

The Fiscal Channel of Monetary Policy
   By Mathias Klein; Sveriges Riksbank
   Presented by: Mathias Klein, Sveriges Riksbank
 

Fiscal Federalism and Monetary union
   By Rafael Berriel; Stanford University
   Eugenia Gonzalez-Aguado; Toulouse School of Economics
   Patrick Kehoe; Stanford University
   Elena Pastorino; Stanford University
   Presented by: Rafael Berriel, Stanford University
 
Session 94: Heterogeneous Expectations
June 27, 2025 13:30 to 15:00
Location: 7.0.40
 
 

The Cross-section of Subjective Expectations: Understanding Prices and Anomalies
   By Ricardo De la O; University of Southern California
   Xiao Han; City, University of London
   Sean Myers; University of Pennsylvania
   Presented by: Ricardo Delao, University of Southern California
 

Attention to the Macroeconomy
   By Oliver Pfäuti; The University of Texas at Austin
   Sebastian Link; ifo Institute and University of Munich
   Andreas Peichl; ifo Institute / LMU
   Christopher Roth; University of Cologne
   Johannes Wohlfart; University of Cologne
   Presented by: Oliver Pfäuti, The University of Texas at Austin
 

Expectation and wealth heterogeneity in the macroeconomy
   By Tobias Broer; Stockholm University
   Alexandre Kohlhas; University of Oxford
   Kurt Mitman; CEMFI
   Kathrin Schlafmann; Copenhagen Business School
   Presented by: Tobias Broer, Stockholm University
 
Session 95: Growth, trade and firms
June 27, 2025 13:30 to 15:00
Location: 7.0.01
 
 

Openness to Foreign Firms, Industrialization and Aggregate Growth
   By Duc Nguyen; University of Toronto
   Presented by: Duc Nguyen, University of Toronto
 

Markup Heterogeneity, Openness, and the Pro-Competitive Gains from Trade Across Countries
   By Hamid Firooz; NC State & Federal Reserve Bank of San Francisco
   Gunnar Heins; University of Florida
   Presented by: Gunnar Heins, University of Florida
 

Capital Accumulation, Trade, and China’s Economic Rise
   By Marla Ripoll; University of Pittsburgh
   Siqiang Yang; Nankai University
   Presented by: Marla Ripoll, University of Pittsburgh
 
Session 96: Risk and development
June 27, 2025 13:30 to 15:00
Location: 4.0.02
 
Session Chair: David Perez-Reyna, Universidad de los Andes
 

Business Uncertainty in Developing and Emerging Economies
   By Edgar Avalos; World Bank
   Jose Maria Barrero; Instituto Tecnologico Autonomo de Mexico
   Elwyn Davies; The World Bank
   Leonardo Iacovone; World Bank
   Jesica Torres; The World Bank
   Presented by: Jose Maria Barrero, Instituto Tecnologico Autonomo de Mexico
 

Financial development, informality, and misallocation
   By David Perez-Reyna; Universidad de los Andes
   Jose Quintero; The University of Chicago
   Presented by: David Perez-Reyna, Universidad de los Andes
 

A General Equilibrium Analysis of Consumption Risk and Inequality in Rural Economies
   By Florian Trouvain; University of Oxford
   Presented by: Florian Trouvain, University of Oxford
 
Session 97: Responses to Aggregate Shocks
June 27, 2025 13:30 to 15:00
Location: 7.0.08
 
Session Chair: Abdoulaye Ndiaye, New York University
 

The Distributional Effects of Oil Shocks
   By Tobias Broer; Stockholm University
   John Kramer; University of Copenhagen
   Kurt Mitman; CEMFI
   Presented by: John Kramer, University of Copenhagen
 

Sheltering from Climate Risks
   By Natalie Rickard; LBS
   Presented by: Natalie Rickard, London Business School
 

A Theory of International Boycotts
   By Abdoulaye Ndiaye; New York University
   Presented by: Abdoulaye Ndiaye, New York University
 
Session 98: Real state and capital in space
June 27, 2025 13:30 to 15:00
Location: 4.1.24
 
Session Chair: Stijn Van Nieuwerburgh, Columbia University
 

Monetary Policy, Property Prices and Rents: Evidence from Local Housing Markets
   By Nicolas Syrichas; Freie University of Berlin
   Presented by: Nicolas Syrichas, Freie University of Berlin
 

Unemployed Capital in Space
   By Andrea Chiavari; University of Oxford
   Presented by: Andrea Chiavari, University of Oxford
 

The Commercial Real Estate Ecosystem
   By Ralph Koijen; University of Chicago
   Neel Shah; Columbia University
   Stijn Van Nieuwerburgh; Columbia University
   Presented by: Stijn Van Nieuwerburgh, Columbia University
 
Session 99: Labor and Development
June 27, 2025 15:30 to 17:00
Location: 4.0.02
 
 

Demographics and Productivity
   By German Cubas; University of Houston
   Julio Garin; Claremont McKenna College
   Pedro Silos; Temple University
   Victor Zuluaga; University of Houston
   Presented by: German Cubas, University of Houston
 

A City of God: Afterlife Beliefs and Job Support in Brazil
   By Tiago Cavalcanti; University of Cambridge
   Tiago Cavalcanti; University of Cambridge
   Sriya Iyer; University of Cambridge
   Christopher Rauh; University of Cambridge
   Christian Roerig; Quantco
   Maryam Vaziri; International Monetary Fund
   Presented by: Tiago Cavalcanti, University of Cambridge
 
Session 100: Sovereign Debt II
June 27, 2025 15:30 to 17:00
Location: 15.3.01
 
Session Chair: Francisco Roldan, International Monetary Fund
 

Borrowing in the Shadow of China
   By Illenin Kondo; Minneapolis Fed
   Cesar Sosa-Padilla; University of Notre Dame
   Zach Swaziek; University of Minnesota
   Presented by: Cesar Sosa-Padilla, University of Notre Dame
 

World Financial Cycles and Global Trade
   By Yan Bai; University of Rochester
   Minjie Deng; Simon Fraser University
   Chang Liu; Stony Brook University
   Gabriel Mihalache; The Ohio State University
   Presented by: Minjie Deng, Simon Fraser University
 

Risk Aversion in Sovereign Debt and Default
   By Francisco Roch; Universidad Torcuato Di Tella
   Francisco Roldan; International Monetary Fund
   Presented by: Francisco Roldan, International Monetary Fund
 
Session 101: Firm Dynamics: Growth, Finance, and Ownership
June 27, 2025 15:30 to 17:00
Location: 18.01.11
 
Session Chair: Federico Kochen, CEMFI
 

The Origins of Top Firms
   By Rafael Guntin; University of Rochester
   Federico Kochen; CEMFI
   Presented by: Federico Kochen, CEMFI
 

Firm Dynamics and Sectoral Change
   By Hugo Hopenhayn; University of California Los Angeles
   Presented by: Hugo Hopenhayn, University of California Los Angeles
 

Ownership and Control in Bad Times: Evidence from Earthquakes in Italy
   By Salome Baslandze; Federal Reserve Bank of Atlanta
   Presented by: Salome Baslandze, Federal Reserve Bank of Atlanta
 
Session 102: Tariffs: positive and normative analysis
June 27, 2025 15:30 to 17:00
Location: 7.0.34
 
Session Chair: Louphou Coulibaly, University of Wisconsin-Madison
 

What is the Optimal Monetary Policy Response to Trump Tariffs 2.0?
   By Paul Bergin; U.C. Davis
   Giancarlo Corsetti; European University Institute
   Presented by: Paul Bergin, U.C. Davis
 

Trade Costs and Inflation Dynamics
   By Pablo Cuba-Borda; Federal Reserve Board
   Albert Queralto; Federal Reserve Board
   Ricardo Reyes-Heroles; Federal Reserve Board
   Mikael Scaramucci; Federal Reserve Board of Governors
   Presented by: Ricardo Reyes-Heroles, Federal Reserve Bank of Dallas
 

The Optimal Monetary Policy Response to Tariffs.
   By Javier Bianchi; Federal Reserve Bank of Minneapolis
   Louphou Coulibaly; University of Wisconsin-Madison
   Presented by: Louphou Coulibaly, University of Wisconsin-Madison
 
Session 103: Imperfect Information in Labor and Product Markets
June 27, 2025 15:30 to 17:00
Location: 7.0.18
 
Session Chair: Paulina Restrepo-Echavarria, Federal Reserve Bank of St Louis
 

Imperfect Information and Slow Recoveries in the Labor Market
   By Anushka Mitra; Federal Reserve Board of Governors
   Presented by: Anushka Mitra, Federal Reserve Board of Governors
 

Competitive search with private information: Can price signal quality?
   By Pieter Gautier; Vrije Universiteit Amsterdam and TI
   Presented by: Pieter Gautier, Vrije Universiteit Amsterdam and TI
 

An Information-based Theory of Monopsony Power
   By Anton Cheremukhin; Federal Reserve Bank of Dallas
   Paulina Restrepo-Echavarria; Federal Reserve Bank of St Louis
   Presented by: Paulina Restrepo-Echavarria, Federal Reserve Bank of St Louis
 
Session 104: Spatial Environmental Policies
June 27, 2025 15:30 to 17:00
Location: 7.0.22
 
 

The Spatial Expansion of Environmental Policies: Local Pollutant Cap-and-Trade Systems in Korea
   By Cheolhwan Kim; Yale University
   Presented by: Cheolhwan Kim, Yale University
 

Residential Mortgage Performance and Climate Risk: Past and Future
   By Borghan Nezami Narajabad; Federal Reserve Board
   Tess Scharlemann; Federal Reserve Board
   Presented by: Borghan Nezami Narajabad, Federal Reserve Board
 

INEFFICIENCIES IN ENVIRONMENTAL INFRASTRUCTURE: EVIDENCE FROM DRINKING WATER IN CALIFORNIA
   By Pierre Bodéré; Yale University
   Giulia Brancaccio; NYU Stern
   Karam Kang; UW Madison
   Presented by: Pierre Bodéré, Yale University
 
Session 105: Unemployment and Policy
June 27, 2025 15:30 to 17:00
Location: 7.0.28
 
Session Chair: Giulia Gitti, Collegio Carlo Alberto
 

Unemployment and the State-Dependent Effects of Monetary Policy
   By Eva Janssens; University of Michigan
   Sean McCrary; Ohio State University
   Presented by: Sean McCrary, Ohio State University
 

Expanding Unemployment Insurance
   By Amanda Michaud; FRB-Minneapolis
   Presented by: Amanda Michaud, FRB-Minneapolis
 

Nonlinearities in the Regional Phillips Curve with Labor Market Tightness
   By Giulia Gitti; Collegio Carlo Alberto
   Presented by: Giulia Gitti, Collegio Carlo Alberto
 
Session 106: Determinants of Worker Wages
June 27, 2025 15:30 to 17:00
Location: 7.0.40
 
 

Wage Bargaining and Wage Posting Firms
   By Kerstin Holzheu; Sciences Po
   Jean-Marc Robin; Sciences Po
   Presented by: Kerstin Holzheu, Sciences Po
 

Why Firms Lay Off Workers Instead of Cutting Wages: Evidence From Linked Survey-Administrative Data
   By Antoine Bertheau; NHH
   Marianna Kudlyak; Federal Reserve Bank of San Francisco
   Birthe Larsen; Copenhagen Business School
   Morten Bennedsen; University of Copenhagen and INSEAD
   Presented by: Marianna Kudlyak, Federal Reserve Bank of San Francisco
 

Endogenous Firm Structure and Worker Specialization
   By Jacob Adenbaum; University of Edinburgh
   Presented by: Jacob Adenbaum, University of Edinburgh
 
Session 107: Executive Compensation
June 27, 2025 15:30 to 17:00
Location: 7.0.08
 
Session Chair: Alexis Anagnostopoulos, Stony Brook University
 

Firm Investment and monetary policy: the role of managerial stock ownership
   By Alexis Anagnostopoulos; Stony Brook University
   Orhan Erem Atesagaoglu; Sabanci University
   Eva Carceles-Poveda; Stony Brook
   Chryssi Giannitsarou; University of Cambridge
   Presented by: Eva Carceles-Poveda, Stony Brook
 

Crushing the Competition: the Pro-Competitive Effects of Relative Performance Evaluation
   By Guido Bongioanni; European University Institute
   Bruno Pellegrino; Columbia GSB
   Shihan Shen; Rice University
   Presented by: Shihan Shen, Rice University
 

Stock Based Executive Compensation and Overinvestment
   By Alexis Anagnostopoulos; Stony Brook University
   Eva Carceles-Poveda; Stony Brook
   Albert Marcet; CREI, UPF, ICREA
   Presented by: Alexis Anagnostopoulos, Stony Brook University
 
Session 108: Monetary-Fiscal Interactions II
June 27, 2025 15:30 to 17:00
Location: 4.1.24
 
 

Heterogeneous Returns and Monetary Policy
   By Jacob Sundram; University of Copenhagen
   Presented by: Jacob Sundram, University of Copenhagen
 

Fiscal Requirements for Price Stability when Households are Not Ricardian
   By Stephane Dupraz; Banque de France
   Presented by: Stephane Dupraz, Banque de France
 

Fiscal Dominance
   By Fernando Martin; Federal Reserve Bank of St. Louis
   Presented by: Fernando Martin, Federal Reserve Bank of St. Louis
 
Session 109: Inflation Risk
June 27, 2025 15:30 to 17:00
Location: 5.0.28
 
Session Chair: Pooya Molavi, Northwestern
 

The Market for Inflation Risk
   By Saleem Bahaj; University College London
   Robert Czech; Bank of England
   Sitong Ding; London School of Economics
   Ricardo Reis; London School of Economics
   Presented by: Saleem Bahaj, University College London
 

Inflation Targeting and the Legacy of High Inflation
   By Luis Jacome; Georgetown University
   Nicolas Magud; International Monetary Fund
   Samuel Pienknagura; International Monetary Fund
   Martin Uribe; Columbia University
   Presented by: Nicolas Magud, International Monetary Fund
 

Term Structure of Expectations and Expectations of Term Structures
   By Pooya Molavi; Northwestern
   Alireza Tahbaz-Salehi; Northwestern University
   Andrea Vedolin; Boston University
   Presented by: Pooya Molavi, Northwestern
 
Session 110: R&D investment and growth
June 27, 2025 15:30 to 17:00
Location: 4.1.36
 
Session Chair: Domenico Ferraro, Arizona State University
 

Worker Turnover, Disruptive Innovation, and Productivity Growth
   By Hyejin Park; Université de Montréal
   Presented by: Hyejin Park, Université de Montréal
 

Firm Expectations, Innovation and Growth
   By Georg Duernecker; Goethe-University Frankfurt
   Marek Ignaszak; Goethe University Frankfurt
   Jisu Jeun; Goethe University Frankfurt
   Leo Kaas; Goethe University Frankfurt
   Presented by: Georg Duernecker, Goethe-University Frankfurt
 

Fixed Costs, Markups, and Productivity Growth
   By Domenico Ferraro; Arizona State University
   Soroush Ghazi; University of Alabama
   Pietro Peretto; Duke University
   Presented by: Domenico Ferraro, Arizona State University
 
Session 111: Technology and trade
June 27, 2025 15:30 to 17:00
Location: 4.1.30
 
 

Technology, Strategic Rivalry, and Trade
   By Leo C.H. Lam; Academia Sinica
   Ana Maria Santacreu; Federal Reserve Bank of St Louis
   Presented by: Ana Maria Santacreu, Federal Reserve Bank of St Louis
 

A Quantitative Theory of the Rise of Intangibles, Multinational Production, and Profit Shifting
   By Sebastian Dyrda; University of Toronto
   Guangbin Hong; University of Chicago
   Joseph Steinberg; University of Toronto
   Presented by: Sebastian Dyrda, University of Toronto
 

Trade and Technology Compatibility in General Equilibrium
   By Weili Chen; The Pennsylvania State University
   Jingting Fan; Pennsylvania State University
   Wenlan Luo; Tsinghua University
   Presented by: Wenlan Luo, Tsinghua University
 
Session 112: Consumption and Heterogenous Agents
June 27, 2025 15:30 to 17:00
Location: 7.0.01
 
Session Chair: Eirik Brandsaas, Federal Reserve Board
 

Looking into the Consumption Black Box: Evidence from Scanner Data
   By Krzysztof Pytka; University of Mannheim
   Presented by: Krzysztof Pytka, University of Mannheim
 

Tail Risk and Bankruptcy in the United States
   By Carter Braxton
   Kyle Herkenhoff; University of Minnesota
   Chengdai Huang; NYU
   Michael Nattinger; University of Wisconsin - Madison
   Lawrence Schmidt; Massachusetts Institute of Technology
   Presented by: Chengdai Huang, New York University
 

Illiquid Homeownership and the Bank of Mom and Dad
   By Eirik Brandsaas; Federal Reserve Board
   Presented by: Eirik Brandsaas, Federal Reserve Board
 
Session 113: Trade and Development
June 28, 2025 9:00 to 10:30
Location: 18.01.11
 
Session Chair: Sharon Traiberman, NYU
 

Quantifying Carbon Emissions in the Global Economy
   By Natalia Ramondo; Boston University
   Andres Rodriguez-Clare
   Joseph Shapiro; UC Berkeley
   Presented by: Andres Rodriguez-Clare,
 

The Rising Share of Admin Workers in Manufacturing
   By Mayara Felix; Yale University
   Rodimiro Rodrigo; George Washington University
   Presented by: Mayara Felix, Yale University
 

Trade, Informality, and Inequality
   By Rafael Dix-Carneiro; Duke University
   Sharon Traiberman; NYU
   Presented by: Sharon Traiberman, NYU
 
Session 114: Network Formation and Propagation of Shocks
June 28, 2025 9:00 to 10:30
Location: 7.0.34
 
Session Chair: Edouard Schaal, CREI/UPF
 

Echoes and Delays: Time-to-build in Production Networks
   By Edouard Schaal; CREI/UPF
   Mathieu Taschereau-Dumouchel; Cornell University
   Presented by: Edouard Schaal, CREI/UPF
 

Inter-Firm Network Growth over Firm Life Cycle and Its Macroeconomic Implications
   By Hiroyuki Asai; The University of Tokyo
   Presented by: Hiroyuki Asai, The University of Tokyo
 

Supply Chain Dynamics with Search Frictions
   By Lauri Esala; University of Edinburgh
   Presented by: Lauri Esala, University of Edinburgh
 
Session 115: Structural Shifts in Growth: Sectoral Change, Automation, and Intangible Capital
June 28, 2025 9:00 to 10:30
Location: 4.1.24
 
Session Chair: Christopher Tonetti, Stanford GSB
 

Engel's Treadmill: A Demand-Driven Theory of Structural Change
   By Clement Bohr; UCLA
   Marti Mestieri; Federal Reserve Bank of Chicago
   Emre Yavuz
   Presented by: Clement Bohr, UCLA
 

Inelastic capital in intangible economies
   By Matthieu Gomez; Columbia University
   Emilien Gouin-Bonenfant; Columbia University
   Presented by: Matthieu Gomez, Columbia University
 

Past Automation and the Future of AI
   By Charles Jones; Stanford University
   Christopher Tonetti; Stanford GSB
   Presented by: Christopher Tonetti, Stanford GSB
 
Session 116: Lumpy Macroeconomics
June 28, 2025 9:00 to 10:30
Location: 5.0.28
 
Session Chair: Laura Castillo-Martinez, Duke University
 

A Structural Model of Asymmetric Lumpy Investment
   By Francesco Lippi; Luiss University
   Presented by: Francesco Lippi, Luiss University
 

Inflation Distorts Relative Prices: Theory and Evidence
   By Klaus Adam; University of Mannheim
   Andrey Alexandrov; Tor Vergata University of Rome
   Henning Weber; Bundesbank
   Presented by: Andrey Alexandrov, Tor Vergata University of Rome
 

Frictionless Inflation
   By Laura Castillo-Martinez; Duke University
   Presented by: Laura Castillo-Martinez, Duke University
 
Session 117: Inflation and misallocation
June 28, 2025 9:00 to 10:30
Location: 4.1.30
 
Session Chair: Noémie Pinardon-Touati, Columbia University
 

Quota Distortions in General Equilibrium
   By David Baqaee; UCLA
   Kunal Sangani; Stanford University
   Presented by: Kunal Sangani, Stanford University
 

Nonlinear Dynamics in Menu Cost Economies? Evidence from U.S. Data
   By Andres Blanco; Atlanta Fed
   Corina Boar; New York University
   Callum Jones; Federal Reserve Board
   Virgiliu Midrigan; New York University
   Presented by: Corina Boar, New York University
 

Inflation in Distorted Economies: Evidence from India
   By Juan Herreno; University of California, San Diego
   Noémie Pinardon-Touati; Columbia University
   Malte Thie; Université Paris-Dauphine – PSL
   Presented by: Noémie Pinardon-Touati, Columbia University
 
Session 118: Monetary Theory
June 28, 2025 9:00 to 10:30
Location: 7.0.28
 
Session Chair: Marc Dordal i Carreras, Hong Kong University of Science and Technology
 

Behavioral Sticky Prices
   By Sergio Rebelo; Northwestern University
   Miguel Santana; Northwestern University
   Pedro Teles; Banco de Portugal, Univ Catolica Portugu
   Presented by: Miguel Santana, Northwestern University
 

Higher-Order Forward Guidance
   By Marc Dordal i Carreras; Hong Kong University of Science and Technology
   Seung Joo Lee; University of Oxford
   Presented by: Seung Joo Lee, University of Oxford
 

Self-fulfilling Volatility and a New Monetary Policy
   By Marc Dordal i Carreras; Hong Kong University of Science and Technology
   Seung Joo Lee; University of Oxford
   Presented by: Marc Dordal i Carreras, Hong Kong University of Science and Technology
 
Session 119: Climate Policy
June 28, 2025 9:00 to 10:30
Location: 7.0.40
 
Session Chair: Chiara Forlati, University of Southampton
 

Climate change beliefs and savings behavior: a macroeconomic perspective
   By Hannah Roemer; University of Oxford
   Presented by: Hannah Roemer, University of Oxford
 

The Optimal Design of Climate Agreements: Inequality, Trade, and Incentives for Climate Policy
   By Thomas Bourany; University of Chicago
   Presented by: Thomas Bourany, University of Chicago
 

A Leakage Border Adjustment Mechanism for all Traded Goods
   By Alessia Campolmi; Università di Verona
   Harald Fadinger; University of Vienna
   Chiara Forlati; University of Southampton
   Sabine Stillger; University of Mannheim
   Ulrich Wagner; University of Mannheim
   Presented by: Chiara Forlati, University of Southampton
 
Session 120: Credit, Propagation, and Stabilization
June 28, 2025 9:00 to 10:30
Location: 15.3.01
 
Session Chair: Martin Schneider, Stanford University
 

Sophisticated Borrowing Constraints and Macroeconomic Dynamics
   By Mahdi Ebsim; New York University
   Chen Lian; UC Berkeley
   Yueran Ma; University of Chicago
   Pablo Ottonello; University of Maryland
   Diego Perez; New York University
   Presented by: Chen Lian, UC Berkeley
 

Credit, Productivity, and Stabilization Policies
   By Miguel Faria-e-Castro; Federal Reserve Bank of St. Louis
   Pascal Paul; Federal Reserve Bank of San Francisco
   Juan Sanchez; St Louis federal Reserve
   Presented by: Miguel Faria-e-Castro, Federal Reserve Bank of St. Louis
 

Can QE be market neutral? Monetary policy with many firms and securities
   By Melina Papoutsi; European Central Bank
   Monika Piazzesi; Stanford University
   Martin Schneider; Stanford University
   Presented by: Martin Schneider, Stanford University
 
Session 121: The economics of shutdown and recovery
June 28, 2025 9:00 to 10:30
Location: 7.0.08
 
 

The Economic Ripple Effects of a Shutdown
   By Francisco Buera; Washington University in St. Louis
   Roberto Fattal Jaef; The World Bank
   Hugo Hopenhayn; University of California Los Angeles
   Pablo Neumeyer; Universidad Di Tella
   Yongseok Shin; Washington University in St. Louis
   Presented by: Pablo Neumeyer, Universidad Di Tella
 

Why Do Supply Disruptions Lead to Inflation?
   By Jean-Paul L'Huillier; Brandeis University
   Gregory Phelan; Williams College
   Maximilian Weiß; University of Tübingen
   Presented by: Maximilian Weiß, University of Tübingen
 

Monetary Policy and the Great COVID-19 Price Level Shock
   By David Andolfatto; Miami Herbert Business School
   Presented by: David Andolfatto, Miami Herbert Business School
 
Session 122: Wealth Taxation
June 28, 2025 9:00 to 10:30
Location: 4.1.36
 
 

On the Taxation of Private Retirement Wealth
   By Árpád Ábrahám; University of Bristol
   Pavel Brendler; University of Nottingham
   Eva Carceles-Poveda; Stony Brook
   Presented by: Arpad Abraham, Bristol University
 

Optimal State-Space Partitioning for Heterogeneous-Agent Models: An Application to Wealth and Capital Income Taxation
   By Francois Le Grand; Rennes School of Business
   Xavier Ragot; SciencesPo
   Presented by: Francois Le Grand, Rennes School of Business
 

Are Asset Taxes Useful in Reducing Consumption and Wealth Inequality?
   By Marek Kapicka; CERGE-EI (Charles University - Prague)
   Presented by: Marek Kapicka, CERGE-EI (Charles University - Prague)
 
Session 123: Idea diffusion
June 28, 2025 9:00 to 10:30
Location: 7.0.01
 
Session Chair: Dan Cao, Georgetown University
 

Idea Diffusion and Property Rights
   By Boyan Jovanovic; New York University
   Zhu Wang; Federal Reserve Bank of Richmond
   Presented by: Zhu Wang, Federal Reserve Bank of Richmond
 

Population, Ideas, and the Speed of History
   By Kevin Kuruc; University of Texas at Austin
   Presented by: Kevin Kuruc, University of Texas at Austin
 

Tech Booms: From Dot-Com to Dot-AI
   By Dan Cao; Georgetown University
   Presented by: Dan Cao, Georgetown University
 
Session 124: Labor markets across countries
June 28, 2025 9:00 to 10:30
Location: 7.0.18
 
 

Skill Supply, Firm Size, and Economic Development
   By Charles Gottlieb; University of Geneva
   Markus Poschke; McGill University
   Michael Tueting; University of St.Gallen
   Presented by: Markus Poschke, McGill University
 

New Employment Definition, New Stylized Facts: the Role of Subsistence Farmers
   By Charles Gottlieb; University of Geneva
   Jan Grobovsek; University of Edinburgh
   Janneke Pieters; Wageningen University
   Presented by: Jan Grobovsek, University of Edinburgh
 

Labor Market Sorting and Public Pensions in Developing Countries
   By Han Gao; University of New South Wales
   Kathleen McKiernan; Vanderbilt University
   Presented by: Han Gao, University of New South Wales
 
Session 125: Economics of Natural Disasters
June 28, 2025 9:00 to 10:30
Location: 4.0.02
 
Session Chair: Jan Žemlička, University of Zürich, Department of Finance
 

Rebuild or Relocate: Recovery after Natural Disasters
   By Shifrah Aron-Dine
   Presented by: Shifrah Aron-Dine,
 

Natural Disasters and Markups
   By Ludovic Panon; Bank of Italy
   Francesco Paolo Conteduca; Bank of Italy
   Presented by: Ludovic Panon, Bank of Italy
 

Intergenerational Consequences of Rare Disasters
   By Marlon Azinovic-Yang; University of North Carolina at Chapel Hill
   Jan Žemlička; University of Zürich, Department of Finance
   Presented by: Jan Žemlička, University of Zürich, Department of Finance
 
Session 126: Inflation and Price Setting
June 28, 2025 9:00 to 10:30
Location: 7.0.22
 
 

How Curvy is the Phillips Curve?
   By Philip Bunn; Bank of England
   Lena Anayi; Bank of England
   Nicholas Bloom; Stanford University
   Paul Mizen; Kings College London
   Gregory Thwaites; Nottingham
   Ivan Yotzov; Bank of England
   Presented by: Gregory Thwaites, Nottingham
 

Rationing Under Sticky Prices
   By Tom Holden; Deutsche Bundesbank
   Presented by: Tom Holden, Deutsche Bundesbank
 

Consumer Search, Productivity Heterogeneity, Prices, Markups, and Pass-through: Theory and Estimation
   By Alex Chernoff; Bank of Canada
   Allen Head; Queen's University
   Beverly Lapham; Queen's University
   Presented by: Alex Chernoff, Bank of Canada
 
Session 127: Macro effects of mergers
June 28, 2025 11:00 to 12:30
Location: 7.0.18
 
 

Knowledge is (Market) Power
   By Jinglun Yao; Stockholm University
   Presented by: Jinglun Yao, Stockholm University
 

Do Mergers Increase Markups? Evidence from U.S. Public Firms
   By Daniele Coen-Pirani; University of Pittsburgh
   Hokyu Song; Korea Development Institute
   Presented by: Daniele Coen-Pirani, University of Pittsburgh
 

More Than the Sum of Its Parts? Markups and the Role of Establishments
   By Markus Kondziella; University of St. Gallen
   Joshua Weiss; IIES, Stockholm University
   Presented by: Joshua Weiss, IIES, Stockholm University
 
Session 128: Appropriate Technologies and Diffusion
June 28, 2025 11:00 to 12:30
Location: 7.0.22
 
Session Chair: Arnaud Dyevre, Massachusetts Institute of Technolo
 

Inappropriate Technology: Evidence from Global Agriculture
   By Jacob Moscona; MIT
   Karthik Sastry; Princeton University
   Presented by: Karthik Sastry, Princeton University
 

Growth with Firm-to-Firm Trade
   By Samuel Kortum; Yale University
   Bernardo S.C. Ribeiro; Princeton University
   Presented by: Bernardo S.C. Ribeiro, Princeton University
 

Public R&D Spillovers and Productivity Growth
   By Arnaud Dyevre; Massachusetts Institute of Technolo
   Presented by: Arnaud Dyevre, Massachusetts Institute of Technolo
 
Session 129: Advances in technology measurement
June 28, 2025 11:00 to 12:30
Location: 7.0.01
 
Session Chair: Carolina Villegas-Sanchez, ESADE Business School
 

A Geospatial Approach to Measuring Economic Activity
   By ANTON YANG; Yale University
   Jianwei Ai; Renmin University of China
   Costas Arkolakis; Yale University
   Presented by: ANTON YANG, Yale University
 

Amenity-Biased Technical Change
   By Gerard Maideu-Morera; Toulouse School of Economics
   Presented by: Gerard Maideu-Morera, Toulouse School of Economics
 

Profits, Labor Share and the Rise of Acquired Intangibles
   By Jacob Hess
   Luis Rojas; Universitat Autonoma de Barcelona
   Raul Santaeulalia-Llopis; NYU Abu Dhabi, UAB, BSE and CEPR
   Carolina Villegas-Sanchez; ESADE Business School
   Presented by: Jacob Hess,
 
Session 130: Firms, Jobs, and the Gender Wage Gap
June 28, 2025 11:00 to 12:30
Location: 7.0.40
 
Session Chair: Minji Bang, University of Cambridge
 

Families’ Career Investments and Firms’ Promotion Decisions
   By Frederik Almar; Aarhus University
   Benjamin Friedrich; Northwestern Unversity
   Ana Reynoso; University of Michigan
   Bastian Schulz; Aarhus University
   Rune Vejlin; Aarhus University
   Presented by: Bastian Schulz, Aarhus University
 

The Unequal Impact of Firms on the Gender Wage Gap
   By Cesar Barreto; OECD
   Antoine Bertheau; Norwegian School of Economics
   Dogan Gülümser
   Alexander Hijzen; OECD
   Astrid Kunze; Norwegian School of Economics
   Marta Lachowska; W.E. Upjohn Institute
   Anne Sophie Lassen; WZB
   Salvatore Lattanzio; Banca d'Italia
   Benjamin Lochner; IAB, University Erlangen-Nuremberg
   Stefano Lombardi; DG Joint Research Centre
   Jordy Meekes; Leiden University
   Balazs Murakozy; University of Liverpool
   Marco Palladino; Banque de France
   Oskar Skans; Uppsala University
   Presented by: Antoine Bertheau, Norwegian School of Economics
 

Job Flexibility and Household Labor Supply: Understanding Gender Gaps and the Child Wage Penalty
   By Minji Bang; University of Cambridge
   Presented by: Minji Bang, University of Cambridge
 
Session 131: Dynamic Spatial General Equilibrium
June 28, 2025 11:00 to 12:30
Location: 7.0.08
 
Session Chair: Lukas Boehnert,
 

Optimal Dynamic Spatial Policy
   By Eric Donald; University of Pittsburgh
   Masao Fukui; Boston University
   Yuhei Miyauchi; Boston University
   Presented by: Masao Fukui, Boston University
 

Home Size, Residential Density, and Aggregate Demand
   By Daniel Murphy; University of Virginia
   Presented by: Daniel Murphy, University of Virginia
 

Industrial Specialization and Regional Growth under Uncertainty
   By Lukas Boehnert
   Presented by: Lukas Boehnert,
 
Session 132: Climate Change and Macroeconomic Policies
June 28, 2025 11:00 to 12:30
Location: 18.01.11
 
Session Chair: Per Krusell, Stockholm University
 

Does Climate Change Matter For Monetary Policy?
   By Adrien Bilal; Stanford University
   Diego Känzig; Northwestern University
   Presented by: Adrien Bilal, Stanford U
 

Trade Policy and Food Security with Climate and Geopolitical Risk
   By Levi Crews; UCLA
   Ishan Nath; Federal Reserve Bank of San Francisco
   Presented by: Ishan Nath, Federal Reserve Bank of San Francisco
 

Climate Policy in the Wide World
   By John Hassler; Institute for International Eco. Studies
   Per Krusell; Stockholm University
   Conny Olovsson; Sveriges Riksbank
   Presented by: Per Krusell, Stockholm University
 
Session 133: Household finance and savings
June 28, 2025 11:00 to 12:30
Location: 7.0.34
 
Session Chair: Carter Braxton,
 

Saving and Labor Supply over the Life Cycle
   By Margherita Borella; University of Torino
   Mariacristina De Nardi; University of Minnesota
   Johanna Torres Chain; University of Minnesota
   Fang Yang
   Presented by: Mariacristina De Nardi, University of Minnesota
 

Housing Tenure, Consumption and Housing Debt: Life-Cycle Dynamics During a Housing Bust in Spain
   By Clodomiro Ferreira; Bank of Spain
   Julio Galvez; CUNEF Universidad
   Myroslav Pidkuyko; Banco de España
   Presented by: Julio Galvez, CUNEF Universidad
 

Rising income risk at the top and falling interest rates
   By Carter Braxton
   Kyle Herkenhoff; University of Minnesota
   Chengdai Huang; New York University
   Michael Nattinger; University of Wisconsin - Madison
   Jonathan Rothbaum; US Census Bureau
   Lawrence Schmidt; Massachusetts Institute of Technology
   Presented by: Carter Braxton,
 
Session 134: Labor Market Dynamics
June 28, 2025 11:00 to 12:30
Location: 4.1.30
 
 

Declinining Search Frictions, Unemployment, and Growth Revisited
   By Juan Cordoba; Iowa State University
   Anni Isojaervi; Federal Reserve Board
   Haoran Li; Renmin University
   Presented by: Juan Cordoba, Iowa State University
 

Occupation Growth and Worker Flows in Dynamic Labor Market Equilibrium
   By Carlos Carrillo-Tudela; Essex
   Frank Leenders; Universidad Carlos III de Madrid
   Tommaso Santini; Halle Institute of Economic Research
   Ludo Visschers; Universidad Carlos III de Madrid
   Presented by: Ludo Visschers, Universidad Carlos III de Madrid
 

The EU Miracle: How 75 Million Reach High Income
   By Basile Grassi; Università Bocconi Milano
   Presented by: Basile Grassi, Università Bocconi Milano
 
Session 135: Wage and Price Dispersion
June 28, 2025 11:00 to 12:30
Location: 15.3.01
 
Session Chair: Guido Menzio, New York University
 

Identifying Firm Amenities---In Theory and Practice
   By Christian Moser; Columbia University
   Presented by: Christian Moser, Columbia University
 

Earnings, Amenities, and Selection
   By Katarina Borovickova; Federal Reserve Bank of Richmond
   Robert Shimer; University of Chicago
   Presented by: Robert Shimer, University of Chicago
 

Efficient Imperfect Competition with an Application to International Trade
   By Guido Menzio; New York University
   Presented by: Guido Menzio, New York University
 
Session 136: Trade and Market Dynamics
June 28, 2025 11:00 to 12:30
Location: 4.1.24
 
Session Chair: Mike Waugh, Federal Reserve Bank of Minneapolis
 

Comparative Advantage and Agricultural Reallocation: Cross-Border Responses to Trade Policy Shocks
   By Lorenzo Caliendo; Yale University
   German Cubas; University of Houston
   Fernando Parro; University of Rochester
   Leandro Zipitria; Facultad de Ciencias Sociales, Udelar
   Presented by: Fernando Parro, University of Rochester
 

Foreign Currency Borrowing and Exporter Dynamics in Emerging Markets
   By Chang Liu; Stony Brook University
   Presented by: Chang Liu, Stony Brook University
 

Tariffs, TradeWars, and the Natural Rate of Interest
   By Mike Waugh; Federal Reserve Bank of Minneapolis
   Presented by: Mike Waugh, Federal Reserve Bank of Minneapolis
 
Session 137: Precautionary Savings and Business Cycles
June 28, 2025 11:00 to 12:30
Location: 4.1.36
 
Session Chair: Kieran Walsh, ETH Zurich
 

Kinks and Gains from Credit Cycles
   By Henrik Jensen; University of Copenhagen
   Oskar Juul; Copenhagen Business School
   Søren Hove Ravn; University of Copenhagen
   Emiliano Santoro; Catholic University of Milan
   Presented by: Søren Hove Ravn, University of Copenhagen
 

The Effects of Changes in Precautionary Savings on Aggregate Consumption over the Business Cycle
   By Aubhik Khan; Ohio State University
   Ben Lidofsky; Ohio State University
   Presented by: Aubhik Khan, Ohio State University
 

Equilibrium Multiplicity in Aiyagari and Krusell-Smith
   By Kieran Walsh; ETH Zurich
   Eric Young; University of Virginia
   Presented by: Kieran Walsh, ETH Zurich
 
Session 138: Redistribution and Welfare
June 28, 2025 11:00 to 12:30
Location: 7.0.28
 
Session Chair: Timothy Kehoe, University of Minnesota
 

The Welfare Of Nations: From Homo Economicus To Homo Moralis. A Microfoundation of The Social Welfare Function
   By Diego de Sousa Rodrigues; SciencesPo
   François Le Grand; Rennes School of Business
   Xavier Ragot; SciencesPo
   Presented by: Xavier Ragot, SciencesPo
 

Growth and Redistribution with Heterogeneous Attitudes toward Risk
   By Aloisio Araujo; FGV
   Juan Pablo Gama Torres; Universidade Federal de Minas Gerais
   Timothy Kehoe; University of Minnesota
   Presented by: Timothy Kehoe, University of Minnesota
 

Costly Increases in Public Debt when r < g
   By Yongquan Cao; IMF
   Vitor Gaspar; Banco de Portugal
   Adrian Peralta-Alva; International Monetary Fund
   Presented by: Adrian Peralta-Alva, International Monetary Fund
 
Session 139: Investment dynamics and development
June 28, 2025 11:00 to 12:30
Location: 4.0.02
 
Session Chair: Paul Dai, MIT
 

On the Dynamics of a Big Push
   By Fernando Alvarez; University of Chicago
   Francisco Buera; Washington University St Louis
   Nicholas Trachter; Federal Reserve Bank of Richmond
   Presented by: Nicholas Trachter, Federal Reserve Bank of Richmond
 

K Wasn't Built in a Day: Investment with Endogenous Time to Build
   By Adriano Fernandes; International Monetary Fund
   Rodolfo Rigato; European Central Bank
   Presented by: Adriano Fernandes, International Monetary Fund
 

Finance, Structural Change, and Growth
   By Paul Dai; MIT
   Presented by: Paul Dai, MIT
 
Session 140: Labor markets and development
June 28, 2025 11:00 to 12:30
Location: 5.0.28
 
Session Chair: Alessandra Peter, NYU
 

Quality Incentives and Upgrading in Uganda’s Coffee Supply Chain
   By Lauren Bergquist; Yale University
   Presented by: Lauren Bergquist, Yale University
 

Occupational Dynasties and Economic Development
   By Siddarth George; National University of Singapore
   David Lagakos; Boston University
   Shi Yuen Shu; The Chinese University of Hong Kong, Shenzhen
   Presented by: David Lagakos, Boston University
 

Family Matters: How Globalization Reshapes Firm Management and Productivity in Developing Countries
   By Ananya Kotia; London School of Economics
   Presented by: Ananya Kotia, London School of Economics
 
Session 141: Firm Heterogeneity in International Macro
June 28, 2025 13:30 to 15:00
Location: 7.0.34
 
Session Chair: Nina Boyarchenko, Federal Reserve Bank of New York
 

Supply Chain Disruptions, Pass-Through, and Firm Heterogeneity
   By Salome Baslandze; Federal Reserve Bank of Atlanta
   Simon Fuchs; FRB Atlanta
   Presented by: Simon Fuchs, FRB Atlanta
 

Productive Misallocation and International Transmission of Credit Shocks
   By Yuko Imura; Bank of Canada
   Julia Thomas; Ohio State University
   Presented by: Julia Thomas, Ohio State University
 

Corporate Debt Structure over the Global Credit Cycle
   By Nina Boyarchenko; Federal Reserve Bank of New York
   Leonardo Elias; Federal Reserve Bank of New York
   Presented by: Nina Boyarchenko, Federal Reserve Bank of New York
 
Session 142: Housing and Spatial: Macro Perspectives
June 28, 2025 13:30 to 15:00
Location: 18.01.11
 
Session Chair: Morgane Richard, Stanford Institute for Economic Policy R
 

Housing betas
   By Monika Piazzesi; Stanford University
   Presented by: Monika Piazzesi, Stanford University
 

Dynamic Urban Economics
   By Brian Greaney; University of Washington
   Andrii Parkhomenko; University of Southern California
   Stijn Van Nieuwerburgh; Columbia University
   Presented by: Andrii Parkhomenko, University of Southern California
 

The Spatial and Distributive Implications of Working-from-Home: A General Equilibrium Model
   By Morgane Richard; Stanford Institute for Economic Policy R
   Presented by: Morgane Richard, Stanford Institute for Economic Policy R
 
Session 143: Labor Market Sorting
June 28, 2025 13:30 to 15:00
Location: 4.1.24
 
Session Chair: Jeremy Lise, Cornell University
 

Labor Market Matching, Wages, and Amenities
   By Thibaut Lamadon; University of Chicago
   Jeremy Lise; Cornell University
   Costas Meghir; Yale University
   Jean Marc Robin; Sciences Po
   Presented by: Jeremy Lise, Cornell University
 

The Worker and Firm Origins of Life-Cycle Wage Inequality
   By Xincheng Qiu; Peking University
   Jesse Wedewer; Duke
   Runling Wu; Duke University
   Presented by: Jesse Wedewer, Duke University
 

The Geography of Assortative Matching
   By Giacomo Carlini; Queen Mary University of London
   Presented by: Giacomo Carlini, Queen Mary University of London
 
Session 144: Life-cycle savings and labor market decisions
June 28, 2025 13:30 to 15:00
Location: 7.0.18
 
Session Chair: Francesco Lancia, Cà Foscari University of Venice
 

Gender Differences in Savings Over the Life-Cycle: The Role of Financial Literacy
   By Marta Cota; Nova School of Economics and Business
   Maria Frech; Toulouse School of Economics
   Marta Morazzoni; University College London
   Presented by: Marta Cota, Nova School of Economics and Business
 

Simple Allocation Rules and Optimal Portfolio Choice Over the Lifecycle
   By Victor Duarte; UIUC
   Julia Fonseca; University of Illinois at Urbana-Champaign
   Aaron Goodman; Vanguard
   Jonathan Parker; Massachusetts Institute of Technology
   Presented by: Jonathan Parker, Massachusetts Institute of Technology
 

Sustainable Social Security
   By Francesco Lancia; Cà Foscari University of Venice
   Tim Worrall; University of Edinburgh
   Sergio Cappellini; University of Padua
   Alessia Russo; University of Padua
   Presented by: Francesco Lancia, Cà Foscari University of Venice
 
Session 145: The impact of new technologies
June 28, 2025 13:30 to 15:00
Location: 5.0.28
 
Session Chair: Alessio Moro, Università di Cagliari
 

Blocking the Giants: Theory and Evidence from the Great Firewall
   By Ruiqi Sun; University of Toronto
   Presented by: Ruiqi Sun, University of Toronto
 

Robots and Inequality Between and Within Occupations
   By Rodimiro Rodrigo; George Washington University
   Roberto Samaniego; George Washington University
   Yun Zhang; The George Washington University
   Presented by: Rodimiro Rodrigo, George Washington University
 

SCHOLARS AND THE MACHINE - ON AUTOMATION AND ACADEMIC PERFORMANCE
   By Alessio Garau; University of Cagliari
   Alessio Moro; Università di Cagliari
   Marco Nieddu; University of Cagliari
   Presented by: Alessio Moro, Università di Cagliari
 
Session 146: Labor markets III
June 28, 2025 13:30 to 15:00
Location: 4.1.30
 
 

Theory Meets Textual Analysis: Measuring Labor Cost Pressures from Earnings Calls
   By Aakash Kalyani; Federal Reserve Bank of St. Louis
   Serdar Ozkan; Federal Reserve Bank of St Louis
   Presented by: Serdar Ozkan, Federal Reserve Bank of St Louis
 

Labor Market Institutions and Startups
   By Renato Faccini; Danmarks Nationalbank
   Seho Kim; Danmarks Nationalbank
   Javier Miranda
   Presented by: Seho Kim, Danmarks Nationalbank
 

An "Orthodox" Theory of Dual Labor Market
   By James Albrecht; Georgetown University
   Bart Hobijn; Chicago Fed
   Jim Royal; Chicago Fed
   Aysegul Sahin; Princeton University
   Susan Vroman; Georgetown University
   Presented by: Susan Vroman, Georgetown University
 
Session 147: Unemployment and Macro Public Finance
June 28, 2025 13:30 to 15:00
Location: 7.0.22
 
 

Heterogeneous Agents, Public Debt, and Labor-Market Frictions
   By Caio Romeu Bloise; Fucape
   Vitor Augusto Fancio; Insper
   Presented by: Vitor Augusto Fancio, Insper
 

Labor mobility and the level of unemployment in a currency union
   By Christopher House; University of Michigan
   Christian Proebsting; KU Leuven
   Linda Tesar; University of Michigan
   Presented by: Christian Proebsting, KU Leuven
 

Bonus Question: How Does Flexible Incentive Pay Affect Wage Rigidity?
   By Meghana Gaur; Princeton University
   John Grigsby; Princeton University
   Jonathon Hazell; LSE
   Abdoulaye Ndiaye; NYU Stern
   Presented by: Meghana Gaur, Princeton University
 
Session 148: Hiring in Frictional Labor Markets
June 28, 2025 13:30 to 15:00
Location: 4.1.36
 
Session Chair: Jason Faberman, Federal Reserve Bank of Chicago
 

Targeted Recruitment Over the Business Cycle
   By Victor Saldarriaga; University of Edinburgh
   Presented by: Victor Saldarriaga, University of Edinburgh
 

Hiring Freezes and Asymmetric Adjustment in a Frictional Labor Market
   By Leena Rudanko; Federal Reserve Bank of Philadelphia
   Presented by: Leena Rudanko, Federal Reserve Bank of Philadelphia
 

Job Search and the Gender Wage Gap
   By Jason Faberman; Federal Reserve Bank of Chicago
   Andreas Mueller; University of Zurich
   Aysegul Sahin; UT Austin
   Presented by: Jason Faberman, Federal Reserve Bank of Chicago
 
Session 149: Incomplete Information, Business Cycles and Monetary Policy
June 28, 2025 13:30 to 15:00
Location: 7.0.28
 
Session Chair: Elena Afanasyeva, Federal Reserve Board
 

Information Asymmetry and Monetary Non-Neutrality: A Sequential Search Approach
   By Xiaojie Liu; Northwestern University
   Presented by: Xiaojie Liu, Northwestern University
 

The Macroeconomics of Lumpy Forecasts
   By Javier Turen; Pontificia Universidad Católica de Chil
   Isaac Baley; Universitat Pompeu Fabra
   Presented by: Javier Turen, Pontificia Universidad Católica de Chil
 

The State-Dependent Effects of Changes in Beliefs
   By Elena Afanasyeva; Federal Reserve Board
   Ivana Komunjer; Georgetown University
   Molin Zhong; Federal Reserve Board
   Presented by: Elena Afanasyeva, Federal Reserve Board
 
Session 150: Shipping trends and disruptions
June 28, 2025 13:30 to 15:00
Location: 7.0.40
 
 

Supply Chain Resilience and Economic Growth: Evidence from Global Shipping Disruptions
   By Diego Känzig; Northwestern University
   Ramya Raghavan; Northwestern University
   Presented by: Diego Känzig, Northwestern University
 

The (Un)Intended Consequences of Oil Sanctions Through the Dark Shipping of Sanctioned Oil
   By Jesus Fernandez-Villaverde; University of Pennsylvania
   Yiliang Li; UIBE
   Le Xu; Shanghai Jiao Tong University
   Francesco Zanetti; University of Oxford
   Presented by: Le Xu, Shanghai Jiao Tong University
 

Shipping to America
   By Ricardo Marto; Federal Reserve Bank of St. Louis
   Presented by: Ricardo Marto, Federal Reserve Bank of St. Louis
 
Session 151: Banks and monetary policy
June 28, 2025 13:30 to 15:00
Location: 7.0.01
 
 

The Heterogeneous Bank Lending Channel of Monetary Policy
   By Salomon Garcia; Bank of Spain
   Presented by: Salomon Garcia, Bank of Spain
 

Heterogeneous Banks and Transmission of Monetary Policy
   By Joao Pedro Rudge Leite; University of Rochester
   Presented by: Joao Pedro Rudge Leite, University of Rochester
 

Do Higher Interest Rates Make The Banking System Safer? Evidence From Bank Leverage
   By Ali Uppal; Imperial College London
   Presented by: Ali Uppal, Imperial College London
 
Session 152: Migration and mobility frictions
June 28, 2025 13:30 to 15:00
Location: 7.0.08
 
Session Chair: Pedro Teles, Banco de Portugal, Univ Catolica Portugu
 

Mobility Frictions, Partial Migration and the Distributional Effects of International Trade
   By Sarah Schroeder; Aarhus University
   Rui Zhang; Sun Yat-sen University
   Presented by: Sarah Schroeder, Aarhus University
 

The geography of wealth: shocks, mobility, and precautionary savings
   By Brian Greaney; University of Washington
   Presented by: Brian Greaney, University of Washington
 

Taxes and Migration Flows: Preferential Tax Schemes for High-Skill Immigrants
   By Pedro Teles; Banco de Portugal, Univ Catolica Portugu
   Presented by: Pedro Teles, Banco de Portugal, Univ Catolica Portugu
 
Session 153: Sovereign debt
June 28, 2025 13:30 to 15:00
Location: 15.3.01
 
Session Chair: Harold Cole, University of Pennsylvania
 

Sovereign Debt Crises and Monetary Policy
   By Javier Bianchi; Federal Reserve Bank of Minneapolis
   Carlos Bolivar; University of Minnesota
   Presented by: Carlos Bolivar, University of Minnesota
 

Discriminatory Price Auctions and Self-Fulfilling Crises
   By Ricardo Alves Monteiro; International Monetary Fund
   Stelios Fourakis; Johns Hopkins University
   Presented by: Stelios Fourakis, Johns Hopkins University
 

How should governments sell their bonds? A Walrasian comparison of protocols and a proposal
   By Harold Cole; University of Pennsylvania
   Daniel Neuhann; University of Texas at Austin
   Guillermo Ordonez; University of Pennsylvania
   Presented by: Harold Cole, University of Pennsylvania
 
Session 154: Housing and rental markets
June 28, 2025 13:30 to 15:00
Location: 4.0.02
 
Session Chair: Andrew Glover, Federal Reserve Bank of Kansas City
 

Of House and Home-Related Goods: Consumption Spending via the Home Purchase Channel
   By Giovanni Favara; Federal Reserve Board
   James Graham; University of Sydney
   Geng Li; Federal Reserve Board
   Presented by: James Graham, University of Sydney
 

Land development and frictions to housing supply over the business cycle
   By Hyunseung Oh; Federal Reserve Board
   Choongryul Yang; Federal Reserve Board
   Chamna Yoon; Seoul National University
   Presented by: Choongryul Yang, Federal Reserve Board
 

Equilibrium Evictions
   By Dean Corbae; University of Wisconsin
   Andrew Glover; Federal Reserve Bank of Kansas City
   Michael Nattinger; University of Wisconsin - Madison
   Presented by: Andrew Glover, Federal Reserve Bank of Kansas City
 
Session 155: Discrimination
June 28, 2025 15:30 to 17:00
Location: 15.3.01
 
 

Signals, Interviews, and Hiring: Statistical Discrimination in Labor Market Equilibrium
   By Benjamin Lester; Federal Reserve Bank of Philadelphia
   Piero Gottardi; University of Essex
   Ryan Michaels; Federal Reserve Bank of Philadelphia
   Ronald Wolthoff; University of Toronto
   Presented by: Benjamin Lester, Federal Reserve Bank of Philadelphia
 

Criminal Records
   By Giuseppe Dari-Mattiacci; University of Amsterdam
   Piero Gottardi; University of Essex
   Presented by: Piero Gottardi, University of Essex
 

The Dynamics of Statistical Discrimination and Optimal Interventions
   By Paolo Martellini; NYU - Stern School of Business
   Ezra Oberfield; Cornell University
   Presented by: Paolo Martellini, NYU - Stern School of Business
 
Session 156: International Finance and Geoeconomics
June 28, 2025 15:30 to 17:00
Location: 7.0.34
 
Session Chair: Zehao Li, The Chinese University of Hong Kong, Shenzhen
 

Chokepoints: Identifying Economic Pressure
   By Christopher Clayton; Yale University
   Antonio Coppola; Stanford University
   Matteo Maggiori; Stanford University
   Jesse Schreger; Columbia Business School
   Presented by: Antonio Coppola, Stanford University
 

A New Keynesian Model for Financial Markets
   By Thomas Mertens; Federal Reserve Bank of San Francisco
   Tony Zhang; Federal Reserve Board
   Presented by: Tony Zhang, Federal Reserve Board
 

Monetary Policy and the Secular Decline in Long-term Interest Rates: A Global Perspective
   By Boris Hofmann; Bank for International Settlements
   Zehao Li; Chinese University of Hong Kong, Shenzhen
   Steve Pak Yeung Wu; University of California, San Diego
   Presented by: Zehao Li, The Chinese University of Hong Kong, Shenzhen
 
Session 157: Public finance
June 28, 2025 15:30 to 17:00
Location: 18.01.11
 
Session Chair: Saya Ikegawa, University of Washington
 

Property Taxes and Housing Allocation Under Financial Constraints
   By Joshua Coven; NYU Stern
   Sebastian Golder; NYU Stern School of Business
   Arpit Gupta; New York University
   Abdoulaye Ndiaye; NYU Stern
   Presented by: Sebastian Golder, NYU Stern School of Business
 

Reassessing Japan’s Fiscal Health
   By Saya Ikegawa; University of Washington
   Ellen McGrattan; University of Minnesota
   Adrian Peralta-Alva; International Monetary Fund
   Presented by: Saya Ikegawa, University of Washington
 

A Beckerian Theory of Taxation
   By Margaret Chen; University of Chicago
   Mikhail Golosov; University of Chicago
   ILIA KRASIKOV; Pennsylvania State University
   Presented by: Mikhail Golosov, University of Chicago
 
Session 158: Firm Dynamics: Entry and Exit
June 28, 2025 15:30 to 17:00
Location: 4.1.36
 
Session Chair: Anthony Savagar, University of Kent
 

The Welfare Costs of Distortions with Slow Firm Entry
   By Anthony Savagar; University of Kent
   Presented by: Anthony Savagar, University of Kent
 

Not-So-Cleansing Recessions
   By Igli Bajo; University of Zurich
   Frederik Bennhoff; University of Zurich
   Alessandro Ferrari; Universitat Pompeu Fabra
   Presented by: Frederik Bennhoff, University of Zurich
 

Ownership Changes and Firm Dynamics
   By Bettina Brueggemann; McMaster University
   Zachary Mahone; McMaster University
   Thomas Palmer; McMaster University
   Presented by: Bettina Brueggemann, McMaster University
 
Session 159: Productivity and Inflation Across Space
June 28, 2025 15:30 to 17:00
Location: 7.0.18
 
Session Chair: Tomás Budí-Ors, EUI
 

Transportation Disruptions and Inflation
   By Giulia Brancaccio; NYU Stern
   Myrto Kalouptsidi; Harvard
   Theodore Papageorgiou; Boston College
   Yixin Zhou; Harvard University
   Presented by: Theodore Papageorgiou, Boston College
 

Geospatial Heterogeneity in Inflation: A Market Concentration Story
   By Seula Kim; Penn State University
   Michael Navarrete; NBER
   Presented by: Michael Navarrete, NBER
 

The Life-cycle of Firms and the Productivity Advantages of Large Cities
   By Tomás Budí-Ors; EUI
   Presented by: Tomás Budí-Ors, EUI
 
Session 160: Technological Change and Labor Markets
June 28, 2025 15:30 to 17:00
Location: 4.0.02
 
Session Chair: Cristina Lafuente, University of Bath
 

Markups and Labor Shares -- Evidence from Advanced Economies
   By Benjamin Bridgman; U.S. Bureau of Economic Analysis
   Presented by: Benjamin Bridgman, U.S. Bureau of Economic Analysis
 

How Would a Rapid (Climate) Transition Affect Workers?
   By John Grigsby; Princeton University
   Nathan Zorzi; Dartmouth College
   Presented by: Nathan Zorzi, Dartmouth College
 

Technological Change in Quantities
   By Cristina Lafuente; University of Bath
   Philipp Kircher; Cornell University
   Jan Eeckhout; UPF Barcelona (BSE, ICREA, CREI)
   Presented by: Cristina Lafuente, University of Bath
 
Session 161: Heterogeneous Returns
June 28, 2025 15:30 to 17:00
Location: 7.0.28
 
 

Book-value wealth taxation, capital income taxation, and innovation
   By Fatih Guvenen; University of Minnesota
   Gueorgui Kambourov; University of Toronto
   Burhan Kuruscu; University of Toronto
   Sergio Ocampo-Diaz; University of Western Ontario
   Presented by: Sergio Ocampo-Diaz, University of Western Ontario
 

A Quantitative Theory of Heterogeneous Returns to Wealth
   By Guido Menzio; New York University
   Saverio Spinella; New York University
   Presented by: Saverio Spinella, New York University
 

Non Linear Dividend Taxation and Shareholder Disagreement
   By Alexis Anagnostopoulos; Stony Brook University
   Eva Carceles-Poveda; Stony Brook
   Dana Golden; Stony Brook University
   Gabriel Mihalache; The Ohio State University
   Presented by: Gabriel Mihalache, Ohio State University
 
Session 162: Labor Supply and Demand
June 28, 2025 15:30 to 17:00
Location: 4.1.24
 
 

The Extensive and Intensive Margin of Labor Demand from the Bottom Up
   By David Wiczer; Federal Reserve Bank of Atlanta
   Jonathan Willis; Federal Reserve Bank of Atlanta
   Presented by: Jonathan Willis, Federal Reserve Bank of Atlanta
 

The Ozempic Economy: Sugar Addiction and the Labor Market
   By Fane Groes; Copenhagen Business School
   Veda Narasimhan; NYU-Abu Dhabi
   Raul Santaeulalia Llopis; University of Pennsylvania, Universitat Autonoma de Barcelona and BSE
   Tetyana Surovtseva; New York University Abu Dhabi
   Presented by: Raul Santaeulalia Llopis, University of Pennsylvania, Universitat Autonoma de Barcelona and BSE
 

Heterogeneous Mobility in Labor Market Equilibrium
   By Michael Amior; Hebrew University of Jerusalem
   Michael Elsby; University of Edinburgh
   Axel Gottfries; University of Edinburgh
   Presented by: Axel Gottfries, University of Edinburgh
 
Session 163: Computational Methods in Macro
June 28, 2025 15:30 to 17:00
Location: 7.0.40
 
Session Chair: Alessandro Mennuni, University of Southampton
 

Deep Learning Algorithms for Solving Finite-Horizon Models
   By Jeppe Druedahl; University of Copenhagen
   Jacob Røpke; University of Copenhagen
   Presented by: Jeppe Druedahl, University of Copenhagen
 

Computing Lottery Equilibria with Lagrangian Iteration
   By Felix Kubler; University of Zurich
   Chengfeng Shen; Peking University
   Yucheng Yang; University of Zurich
   Zhennan Zhou; Westlake University
   Presented by: Yucheng Yang, University of Zurich
 

Solving Time Inconsistent Problems as Constrained Ramsey Problems
   By Ramon Marimon; Universitat Pompeu Fabra - Barcelona School of Economics & European University Institute
   Alessandro Mennuni; University of Southampton
   Presented by: Alessandro Mennuni, University of Southampton
 
Session 164: Spatial misallocation
June 28, 2025 15:30 to 17:00
Location: 7.0.08
 
Session Chair: Wyatt Brooks, Arizona State University
 

Risk Sharing and Land Misallocation
   By Davide Pietrobon; Lund University
   Alessandro Ruggieri; CUNEF Universidad
   Presented by: Alessandro Ruggieri, CUNEF Universidad
 

Random Bridges
   By Wyatt Brooks; Arizona State University
   Kevin Donovan; Yale University
   Presented by: Wyatt Brooks, Arizona State University
 

The Death and Life of Great British Cities
   By Stephan Heblich; University of Toronto
   David Krisztian Nagy; CREI
   Alex Trew; University of Glasgow
   Yanos Zylberberg; University of Bristol
   Presented by: David Krisztian Nagy, CREI
 
Session 165: Labor markets in developing countries
June 28, 2025 15:30 to 17:00
Location: 7.0.01
 
 

Optimal Labor Market Policy in Developing Countries: A General Equilibrium Analysis
   By Mitchell VanVuren; Yale University
   Presented by: Mitchell VanVuren, Yale University
 

From Street Markets to Shopping Malls: The Transformation of the Service Sector
   By Matthew Schwartzman; Yale University
   Presented by: Matthew Schwartzman, Yale University
 

Identity, Market Access, and Demand-led Diversification
   By Sampreet Singh Goraya; Stockholm School of Economics
   Presented by: Sampreet Singh Goraya, Stockholm School of Economics
 
Session 166: Investment and price dynamics
June 28, 2025 15:30 to 17:00
Location: 5.0.28
 
 

Monetary policy, long-term interest rates, credit supply, and capital accumulation
   By Francois Gourio; Federal Reserve Bank of Chicago
   Presented by: Francois Gourio, Federal Reserve Bank of Chicago
 

Investment Demand Shocks and Procyclical Inflation: A Theory
   By Makoto Nirei; University of Tokyo
   Xavier Ragot; Sciencespo
   Presented by: Makoto Nirei, University of Tokyo
 

A lending network under stress
   By Paula Beltran; IMF
   Presented by: Paula Beltran, IMF
 
Session 167: Trade policy II
June 28, 2025 15:30 to 17:00
Location: 4.1.30
 
 

Recovering Credible Trade Elasticities from Incredible Trade Reforms
   By George Alessandria; University of Rochester
   Shafaat Khan; Syracuse University
   Armen Khederlarian; Hunter College (CUNY)
   Kim Ruhl; UW - Madison
   Joseph Steinberg; University of Toronto
   Presented by: Joseph Steinberg, University of Toronto
 

Optimal Trade Policies and Labor Markets
   By Yan Bai; University of Rochester
   Dan Lu; The Chinese University of Hong Kong
   Presented by: Dan Lu, The Chinese University of Hong Kong
 

Incomplete Tariff Pass-Through at the Firm-level: Evidence from U.S.-China Trade Dispute
   By Chengyuan He; Xiamen University
   Chang Liu; Stony Brook University
   Xiaomei Sui; University of Hong Kong
   Soo Kyung Woo; Sejong University
   Presented by: Chengyuan He, Xiamen University
 
Session 168: Money and credit
June 28, 2025 15:30 to 17:00
Location: 7.0.22
 
Session Chair: Michael Wong, University of Hong Kong
 

Addictive Monetary Policy
   By Martin Wolf; University of St Gallen
   Leopold Zessner-Spitzenberg; TU Wien
   Presented by: Martin Wolf, University of St Gallen
 

Fast Tightening and the Credit Channel
   By Claudio Michelacci; EIEF
   Luigi Paciello; EIEF
   Presented by: Luigi Paciello, EIEF
 

Money and Barter in the Field: Evidence from the Life and Death of a Digital Currency
   By Michael Wong; University of Hong Kong
   Presented by: Michael Wong, University of Hong Kong
 

168 sessions, 501 papers, and 0 presentations with no associated papers
 
Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
1Abraham, ArpadP122
2Adamopoulos, TassoP24
3Adao, RodrigoP43
4Adenbaum, JacobP106
5Afanasyeva, ElenaP149, C149
6Aguiar, MarkP48
7Ales, LaurenceP44
8Alexandrov, AndreyP116
9Alon, TitanP36, C36
10Alp, HarunP47, C47
11Anagnostopoulos, AlexisP107, C107
12Andolfatto, DavidP121
13Aron-Dine, ShifrahP125
14Asai, HiroyukiP114
15Auclert, AdrienP56
16Žemlička, JanP125, C125
17Bacher, AnnikaC18
18Bahaj, SaleemP109
19Bai, YanP32
20Baley, IsaacP31
21Bang, MinjiP130, C130
22Barrero, Jose MariaP96
23Baslandze, SalomeP101
24Bassetto, MarcoP34, C34
25Beltran, PaulaP166
26Benati, LucaP80
27Bennhoff, FrederikP158
28Berger, DavidP63
29Bergin, PaulP102
30Bergquist, LaurenP140
31Berriel, RafaelP93
32Bertheau, AntoineP130
33Bethune, ZacharyP76
34Bhandari, AnmolP48
35Bianchi, JavierP5
36Bianchi, FrancescoP21
37Bick, AlexanderP8, C8
38Bilal, AdrienP132
39Bilbiie, FlorinP80, C80
40Blanco, JulioP75
41Bloesch, JustinP32, C32
42Boar, CorinaP117
43Bocola, LuigiP53
44Bocquet, LeonardP52, C52
45Bodéré, PierreP104
46Boehm, ChristophP78
47Boehnert, LukasP131, C131
48Boerma, JobP84, C84
49Bohr, ClementP115
50Bolivar, CarlosP153
51Bonelli, DiegoP67
52Bonomo, MarcoP79
53Boppart, TimoP38
54Borovickova, KatarinaP85
55Bourany, ThomasP119
56Boutros, MichaelC91
57Boyarchenko, NinaP141, C141
58Brandsaas, EirikP112, C112
59Braxton, CarterP133, C133
60Bridgman, BenjaminP160
61Briglia, Luigi MariaP71, C71
62Broer, TobiasP94
63Brooks, WyattP164, C164
64Brueggemann, BettinaP158
65Budí-Ors, TomásP159, C159
66Busch, ChristopherP90
67Bustamante, ChristianP63, C63
68Cai, MichaelP41
69Camelo, FelipeP16
70Candian, GiacomoP12, C12
71Cao, DanP123, C123
72Carceles-Poveda, EvaP107
73Carlini, GiacomoP143
74Casal, LuciaP39
75Castillo-Martinez, LauraP116, C116
76Castro-Vincenzi, JuanmaP2, C2
77Caunedo, JulietaP44, C44
78Cavalcanti, TiagoP99
79Celik, MuratP22
80Challe, EdouardP51
81Chan, JennyP14
82Chen, HengP41, C41
83Chernoff, AlexP126
84Chiang, Yu-TingP31, C31
85Chiavari, AndreaP98
86Cirelli, FernandoP65
87Coen-Pirani, DanieleP127
88Cole, HaroldP153, C153
89Coppola, AntonioP156
90Cordoba, JuanP134
91Coskun, SenaP20
92Cota, MartaP144
93Coulibaly, LouphouP102, C102
94Cox Lescano, AlvaroP68
95Crews, LeviP11
96Cruces De Sousa, LidiaP81
97Cubas, GermanP99
98D'Amico, LeonardoP55
99D'Erasmo, PabloP55
100Dai, PaulP139, C139
101Daruich, DiegoP9
102de Ferra, SergioP74, C74
103De Nardi, MariacristinaP133
104De Ridder, MaartenP73
105Del Prato, FrancescoP59
106Delao, RicardoP94
107Dempsey, KyleP27, C27
108Denderski, PiotrP28
109Deng, MinjieP100
110Ding, XiangP77, C77
111Dobkowitz, SonjaP54
112Doepke, MatthiasP9
113Doligalski, PawełP48
114Donaldson, PaulaP92
115Dordal i Carreras, MarcP118, C118
116Drechsel, ThomasP19, C19
117Druedahl, JeppeP163
118Duernecker, GeorgP110
119Dupraz, StephaneP108
120Dyevre, ArnaudP128, C128
121Dyrda, SebastianP111
122Eckert, FabianP11, C11
123Engbom, NiklasP8
124Engel, CharlesP51
125Esala, LauriP114
126Ettmeier, StephanieP92
127Eusepi, StefanoP53
128Faberman, JasonP148, C148
129Fancio, Vitor AugustoP147
130Fang, XiangP6
131Faria-e-Castro, MiguelP120
132Farmer, LelandP53
133Fève, PatrickP79
134Felix, MayaraP113
135Femminis, GianlucaP34
136Fernandes, AdrianoP139
137Ferrari, AlessandroP57
138Ferraro, DomenicoP110, C110
139Ferriere, AxelleP10
140Fieldhouse, AndrewP39
141Figueiredo, AnaP75, C75
142Finlay, JohnP68
143Fischer, ThomasP90
144Flynn, JoelP12
145Foerster, HannoP81
146Foltyn, RichardP27
147Fontaine, FrancoisP87
148Fontanier, PaulP88
149Forlati, ChiaraP119, C119
150Fourakis, SteliosP153
151Fuchs, SimonP141
152Fukui, MasaoP131
153Gaillard, AlexandreP18
154Galvez, JulioP133
155Gao, HanP124
156Garcia, SalomonP151
157Garriga, CarlosP49
158Gaur, MeghanaP147
159Gautier, PieterP103
160Gertler, SarahP26
161Ghassibe, MishelP61, C61
162Giannone, ElisaP24, C24
163Gilchrist, SimonP3
164Gitti, GiuliaP105, C105
165Glover, AndrewP154, C154
166Golder, SebastianP157
167Golosov, MikhailP157
168Gomez, MatthieuP115
169Gong, ZhengP69
170Goraya, Sampreet SinghP165
171Gordeev, StepanP57
172Gornemann, Nils MattisP5, C5
173Gottardi, PieroP155
174Gottfries, AxelP162
175Gottlieb, CharlesP35
176Gourio, FrancoisP166
177Graham, JamesP154
178Grassi, BasileP134
179Greaney, BrianP152
180Gregory, VictoriaP36
181Grimaud, AlexP67
182Grobovsek, JanP124
183Guerreiro, JoaoP10
184Guntin, RafaelP74
185Guvenen, FatihP18
186Haanwinckel, DanielP58
187Harmenberg, KarlP71
188Hazell, JonathonP80
189He, ChangP82
190He, ChengyuanP167
191Heathcote, JonathanP4
192Heins, GunnarP95
193Heise, SebastianP50
194Hemous, DavidP23, C23
195Herkenhoff, KyleP66
196Herreno, JuanP78
197Hess, JacobP129
198Higgins, BrianP91
199Holden, TomP126
200Holzheu, KerstinP106
201Hopenhayn, HugoP101
202Huang, ChengdaiP112
203Huang, YuelingP66
204Hubmer, JoachimP73
205Humlum, AndersP1, C1
206Ikegawa, SayaP157, C157
207Ionescu, FeliciaP76
208Iovino, LuigiP87
209Jaravel, XavierP66
210Jarosch, GregorP20, C20
211Jungerman, WilliamP59
212Juvenal, LucianaP26
213Kaboski, JosephP7, C7
214Kapicka, MarekP122
215Karadi, PeterP79
216Karantounias, AnastasiosP17, C17
217Kaymak, BarisP20
218Känzig, DiegoP150
219Kehoe, TimothyP138, C138
220Kekre, RohanP51, C51
221Khan, AubhikP137
222Kim, CheolhwanP104
223Kim, SeulaP60
224Kim, JunhyongP26
225Kim, SehoP146
226Kinnerud, KarinP49, C49
227Kirchberger, MartinaP64, C64
228Kircher, PhilippP45
229Klein, MathiasP93
230Kochen, FedericoP101, C101
231kohlhas, alexandreP29
232Kohn, DavidP42
233Koll, DavidP58
234Kopytov, AlexandrP73, C73
235Kotia, AnanyaP140
236Kozeniauskas, NicholasP19
237Kozlowski, JulianP3, C3
238Kramer, JohnP97
239Krueger, DirkP4
240Krusell, PerP132, C132
241Kudlyak, MariannaP106
242Kurcz, FrederikP93
243Kuruc, KevinP123
244Kuruscu, BurhanP91
245Lafuente, CristinaP160, C160
246Lagakos, DavidP140
247Lancia, FrancescoP144, C144
248Lanteri, AndreaP23
249Larkin, KieranP63
250Lashkari, DanialP1
251Lattus, OliviaP83
252Le Grand, FrancoisP122
253Lebrand, MathildeP13, C13
254Lee, Seung JooP118
255Lee, Annie SoyeanC26
256Lee, DainP45
257Lehr, NilsP39, C39
258Lenel, MoritzP3
259Lensman, ToddP60
260Lentz, RasmusP59, C59
261Lenzu, SimoneP61
262Lester, BenjaminP155
263Lhuillier, HugoP11
264Li, HuiyuP86
265Li, ZehaoP156, C156
266Li, KaiP62
267Lian, ChenP120
268Lippi, FrancescoP116
269Lise, JeremyP143, C143
270Liu, ZhengP29
271Liu, ChangP136
272Liu, XiaojieP149
273Liu, TianziC87
274Lu, DanP167
275Luetticke, RalphP37
276Luo, WenlanP111
277Lustig, HannoP21
278Luttmer, ErzoP69, C69
279Ma, YueranP72
280Macaluso, ClaudiaP8
281Magud, NicolasP109
282Mahen, ShaneP54, C54
283Maideu-Morera, GerardP129
284Malmberg, HannesP77
285Mandelman, FedericoP75
286Mann, LukasP52
287Manysheva, KristinaP35, C35
288Maršál, AlešP67
289Martellini, PaoloP155
290Martin, FernandoP108
291Martinez, JosebaP23
292Marto, RicardoP150
293Matsumoto, HidehikoP82
294Maxted, PeterP76, C76
295Mayer, ThierryP2
296Mazur, KarolP83
297McCrary, SeanP105
298McGrattan, EllenP30
299Melcangi, DavideP25
300Mennuni, AlessandroP163, C163
301Menzio, GuidoP135, C135
302Michaud, AmandaP105
303Mihalache, GabrielP161
304Mitra, AnushkaP103
305Mix, CarterP13
306Miyauchi, YuheiP33
307Molavi, PooyaP109, C109
308Moll, BenjaminP56
309Morazzoni, MartaP7
310Morlacco, MonicaP43, C43, C43
311Moro, AlessioP145, C145
312Morrison, WendyP4
313Moschini, EmilyP46
314Moser, ChristianP135
315Mukhin, DmitryP5
316Mullins, JosephP32
317Murphy, DanielP131
318Myers, SeanP41
319Nagy, David KrisztianP164
320Nath, IshanP132
321Navarrete, MichaelP159
322Navarro, GastonP46
323Ndiaye, AbdoulayeP97, C97
324Neelakantan, UrviP92
325Neumeyer, PabloP121
326Nezami Narajabad, BorghanP104
327Ngai, RachelP70, C70
328Nguyen, ThienP42
329Nguyen, DucP95
330Nicolini, Juan PabloP82
331Nirei, MakotoP166
332Nord, LukasP9, C9
333Norris, JordanP17
334Oberfield, EzraP89
335Obermeier, TimP58, C58
336Ocampo-Diaz, SergioP161
337Oh, RyunghaP45, C45
338Olmstead-Rumsey, JaneP72
339Ozkan, SerdarP146
340Paciello, LuigiP168
341Paluszynski, RadekP16, C16
342Pandalai-Nayar, NityaP50
343Pandolfo, JordanP65, C65
344Panon, LudovicP125
345Papageorgiou, TheodoreP159
346Park, HyejinP110
347Parker, JonathanP144
348Parkhomenko, AndriiP142
349Parro, FernandoP136
350Pasten, ErnestoP54
351Pearce, JeremyP47
352Pellegrina, HeitorP83, C83
353Pellegrino, BrunoP86
354Peralta-Alva, AdrianP138
355Perez-Reyna, DavidP96, C96
356Peter, AlessandraC140
357Pfäuti, OliverP94
358Philippon, ThomasP72, C72
359Piazzesi, RubenP60, C60
360Piazzesi, MonikaP142
361Pinardon-Touati, NoémieP117, C117
362Porzio, TommasoP24
363Poschke, MarkusP124
364Prato, MartaP89, C89
365Prein, Timm MarcP6
366Proebsting, ChristianP147
367Puglisi, FedericoP55
368Pytka, KrzysztofP112
369Qiu, XinchengP33, C33
370Rachel, LukaszP21
371Ragot, XavierP138
372Ramondo, NataliaP2
373Raveendranathan, GajendranC46
374Ravikumar, BP13
375Ravn, Søren HoveP137
376Raymond, LindseyP15, C15
377Reichardt, HugoP15
378RENDAHL, PONTUSP86, C86
379Repele, AmaliaP28
380Restrepo, PascualP1
381Restrepo-Echavarria, PaulinaP103, C103
382Reyes-Heroles, RicardoP102
383Richard, MorganeP142, C142
384Rickard, NatalieP97
385Rigato, RodolfoP10, C10
386Ripoll, MarlaP95
387Rivera-Padilla, AlbertoP85
388Robinson, BaxterP30
389Rodrigo, RodimiroP145
390Rodriguez-Clare, AndresP113
391Roemer, HannahP119
392Rojas, EugenioP74
393Roldan, FranciscoP100, C100
394Roldan-Blanco, PauP7
395Rotemberg, MartinP70
396Rubbo, ElisaP56, C56
397Rubini, LorisP42, C42
398Rubinton, HannahP22, C22
399Rudanko, LeenaP148
400Rudge Leite, Joao PedroP151
401Ruggieri, AlessandroP164
402Russo, NicoloP46
403S.C. Ribeiro, BernardoP128
404Sakellaris, PlutarchosP25, C25
405Saldarriaga, VictorP148
406Salgado, SergioP28, C28
407Sangani, KunalP117
408Santacreu, Ana MariaP111
409Santaeulalia Llopis, RaulP162
410Santana, MiguelP118
411Santos, CezarP47
412Sastry, KarthikP128
413Sauzet, MaximeP62
414Savagar, AnthonyP158, C158
415Schaal, EdouardP114, C114
416Schneider, MartinP120, C120
417Schnorpfeil, PhilipP27
418Schoellman, ToddP35
419Schroeder, SarahP152
420Schulz, BastianP130
421Schwartzman, MatthewP165
422Schwartzman, FelipeP14, C14
423Sepahsalari, AlirezaP52
424Shen, ShihanP107
425Shen, Leslie ShengP40
426Shi, SiyuP68
427Shimer, RobertP135
428Shin, YongseokP89
429Shourideh, AliP84
430Shu, Shi YuenP57, C57
431Simmons, MichaelP71
432Simonovska, InaP88, C88
433Smirnyagin, VladimirP50, C50
434Sonnervig, MarcosP37
435Sosa-Padilla, CesarP100
436Spinella, SaverioP161
437Steinberg, JosephP167
438Sterk, VincentP61
439Storesletten, KjetilP36
440Sun, RuiqiP145
441Sundram, JacobP108
442Syrichas, NicolasP98
443Tahbaz-Salehi, AlirezaP33
444Talamas, EduardP15
445Tan, EugeneP30, C30
446Taschereau-Dumouchel, MathieuP12
447Teles, PedroP152, C152
448Thomas, JuliaP141
449Thwaites, GregoryP126
450Tonetti, ChristopherP115, C115
451Tracey, BelindaP78, C78
452Trachter, NicholasP139
453Traiberman, SharonP113, C113
454Trimborn, TimoP38, C38
455Trottner, FabianP43
456Trouvain, FlorianP96
457Turen, JavierP149
458Ulyssea, GabrielP64
459Uppal, AliP151
460Valentinyi, AkosP44
461Van der Straten, YasmineP91
462Van Nieuwerburgh, StijnP98, C98
463Vandenbroucke, GuillaumeP81, C81
464VanVuren, MitchellP165
465Varraso, PaoloP6, C6
466Vassilatos, EvangelosC82
467Vavra, JosephP49
468Veldkamp, LauraP29
469Vermandel, GauthierP62, C62
470Vidart, DanielaP70
471Villegas-Sanchez, CarolinaC129
472Violante, GiovanniP69
473Visschers, LudoP134
474Vitali, AnnaP64
475vom Lehn, ChristianP77
476Vroman, SusanP146
477Walerych, MalgorzataP34
478Walsh, KieranP137, C137
479Walsh, ConorP38
480Wang, TaoP25
481Wang, ZhuP123
482Waugh, MikeP136, C136
483Wedewer, JesseP143
484Weiß, MaximilianP121
485Weiss, JoshuaP127
486Westermark, AndreasP14
487Willis, JonathanP162
488Wolf, MartinP168
489Wong, MichaelP168, C168
490Wroblewski, CalebP19
491Xiang, WeiP17
492Xu, LeP150
493Xu, XingP37, C37
494Xu, ZebangP87
495Yang, ChoongryulP154
496Yang, ShaoshuangP22
497Yang, YuchengP163
498YANG, ANTONP129
499Yang, FrankP84
500Yao, JinglunP127
501Yeh, ChenP90, C90
502Yue, VivianP40, C40
503Zeke, DavidP31
504Zhang, WeilongP85
505Zhang, NingP16
506Zhang, TonyP156
507Zheng, YuP18
508Zhou, HaonanP40
509Zorzi, NathanP160

 

This program was last updated on 2025-06-26 00:50:03 EDT