| July 2, 2026 | ||
|---|---|---|
| Time | Location | Event |
| 10:00 to 11:30 | see below | Parallel Session I |
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| 12:00 to 13:30 | see below | Parallel Session II |
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| 15:00 to 16:30 | see below | Parallel session III |
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| 17:00 to 18:30 | see below | Parallel session IV |
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| 18:45 to 20:00 | Plenary: George-Marios Angeletos | |
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| July 3, 2026 | ||
| Time | Location | Event |
| 10:00 to 11:30 | see below | Parallel session I |
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| 12:00 to 13:30 | see below | Parallel session II |
| | ||
| 15:00 to 16:30 | see below | Parallel session III |
| | ||
| 17:00 to 18:30 | see below | Parallel session IV |
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| 18:45 to 20:00 | Plenary: Virgiliu Midrigan | |
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| July 4, 2026 | ||
| Time | Location | Event |
| 10:00 to 11:30 | see below | Parallel session I |
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| 12:00 to 13:30 | see below | Parallel session II |
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| 15:00 to 16:30 | see below | Parallel session III |
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| 17:00 to 18:30 | see below | Parallel session IV |
| | ||
| 18:45 to 20:00 | Plenary: Pierre-Olivier Weill | |
| | ||
| Plenary: George-Marios Angeletos
July 2, 2026 18:45 to 20:00 |
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| Plenary: Virgiliu Midrigan July 3, 2026 18:45 to 20:00 |
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| Plenary: Pierre-Olivier Weill July 4, 2026 18:45 to 20:00 |
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Summary of All Sessions |
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Click here for an index of all participants |
180 sessions, 539 papers, and 0 presentations with no associated papers |
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Society for Economic Dynamics Annual Meeting |
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Detailed List of Sessions |
| Session 1: Behavioral Macro July 2, 2026 10:00 to 11:30 |
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| Session Chair: Jean-Paul L'Huillier, Brandeis University |
| The Sentiment Channel of Fiscal Policy |
| By Marco Bellifemine; London School of Economics Adrien Couturier; London School of Economics Jacopo Tozzo; Bocconi University |
| Presented by: Adrien Couturier, London School of Economics |
| Belief Distortions, Asset Prices, and Unemployment Fluctuations |
| By Do Q Lee; New York University |
| Presented by: Do Lee, New York University |
| A Behavioral Foundation for the Investment Wedge |
| By Jean-Paul L'Huillier; Brandeis University Pierlauro Lopez; Federal Reserve Bank of Cleveland Sanjay Singh; University of California, Davis |
| Presented by: Jean-Paul L'Huillier, Brandeis University |
| Session 2: Firm Financing and Capital Misallocation July 2, 2026 10:00 to 11:30 |
| Session Chair: Aubhik Khan, Ohio State University |
| Zombies? Growth Options, Heterogeneous Firms, and the Allocative Effects of Zombie Lending. |
| By Andrea Caggese; BSE, UPF and CREI Gianmarco Ruzzier; Banco de España |
| Presented by: Gianmarco Ruzzier, Banco de España |
| Distorted by Design: Size-Dependent Guarantees and Capital Misallocation |
| By Dongcheng Yang |
| Presented by: Dongcheng Yang, |
| Persistent Debt and Business Cycles in an Economy with Production Heterogeneity |
| By Aubhik Khan; Ohio State University Soyoung Lee; Bank of Canada |
| Presented by: Aubhik Khan, Ohio State University |
| Session 3: Fiscal Policies in the Open Economy July 2, 2026 10:00 to 11:30 |
| Session Chair: Chang Liu, Stony Brook University |
| Fiscal Policy, Portfolio Frictions, and International Transmission |
| By Marcos Mac Mullen; Federal Reserve Board |
| Presented by: Marcos Mac Mullen, Federal Reserve Board |
| Sovereign Risk with Endogenous Debt Limits |
| By Fernando Arce Munoz; Federal Reserve Bank of Chicago and Inter-American Development Bank Alessandro Villa; Chicago Fed |
| Presented by: Fernando Arce Munoz, Federal Reserve Bank of Chicago and Inter-American Development Bank |
| Trade Barriers and Sovereign Default Risk |
| By George Alessandria; University of Rochester Yan Bai; University of Rochester Minjie Deng; Simon Fraser University Chang Liu; Stony Brook University |
| Presented by: Chang Liu, Stony Brook University |
| Session 4: Frictions and Policy in Production Networks July 2, 2026 10:00 to 11:30 |
| Session Chair: Luca Lorenzini, UCLA Anderson |
| Bills of Exchange in a Supply Chain |
| By Piero Gottardi; University of Essex Shengxing Zhang; Carnegie Mellon University |
| Presented by: Shengxing Zhang, Carnegie Mellon University |
| Tax Rules for Distorted Production Networks |
| By Marek Kapicka; CERGE-EI (Charles University - Prague) |
| Presented by: Marek Kapicka, CERGE-EI (Charles University - Prague) |
| Aggregate Outcomes of Nonlinear Prices in Supply Chains |
| By Luca Lorenzini; UCLA Anderson Antonio Martner; UCLA |
| Presented by: Luca Lorenzini, UCLA Anderson |
| Session 5: Geography and Growth July 2, 2026 10:00 to 11:30 |
| Session Chair: Elisa Giannone, CREI |
| Human Capital Accumulation Across Space |
| By Klaus Desmet; SMU David Krisztian Nagy; CREI Esteban Rossi-Hansberg; University of Chicago |
| Presented by: Esteban Rossi-Hansberg, University of Chicago |
| The Spatial Distribution of Income in Cities: New Global Evidence and Theory |
| By David Lagakos; Boston University |
| Presented by: David Lagakos, Boston University |
| Unequal Global Convergence |
| By Elisa Giannone; CREI |
| Presented by: Elisa Giannone, CREI |
| Session 6: Globalization, Multinationals, and Productivity July 2, 2026 10:00 to 11:30 |
| Session Chair: Hugo Reichardt, CREI |
| Immigration, Innovation, and Urban Hubs: Theory and Evidence from the Age of Mass Migration |
| By Costas Arkolakis; Yale University SUN KYOUNG LEE; University of Michigan Michael Peters; Yale University |
| Presented by: Costas Arkolakis, Yale University |
| Multinational Firms and the Environment |
| By Natalia Ramondo; Boston University |
| Presented by: Natalia Ramondo, Boston University |
| Why Are Firms More Productive in the US than in the EU? |
| By Hugo Reichardt; CREI |
| Presented by: Hugo Reichardt, CREI |
| Session 7: Growth and Business Cycles July 2, 2026 10:00 to 11:30 |
| Session Chair: Stefano Cravero, University of Pennsylvania |
| Green Business Cycles |
| By Diego Känzig; Northwestern University Maximilian Konradt; Imperial College London Lixing Wang; University of Bonn Donghai Zhang; National University of Singapore |
| Presented by: Maximilian Konradt, Imperial College London |
| Heterogeneous Firms, Growth and the Long Shadows of Business Cycles |
| By Giammario Impullitti; University of Nottingham Omar Licandro; University of Leicester Petr Sedlacek; University of New South Wales Adam Spencer; University of Bonn |
| Presented by: Adam Spencer, University of Bonn |
| The Great Accretion and the Great Depression |
| By Harold Cole; University of Pennsylvania Stefano Cravero; University of Pennsylvania Jeremy Greenwood; University of Pennsylvania |
| Presented by: Stefano Cravero, University of Pennsylvania |
| Session 8: Heterogeneous Pricing July 2, 2026 10:00 to 11:30 |
| Session Chair: Javier Turen, Pontificia Universidad Católica de Chile |
| Making Waves: Secondary Markets for Automobiles Under Macro Shocks |
| By Dan Cao; Georgetown University Kenneth Gillingham; Yale University Fedor Iskhakov; Australian National University Anders Munk-Nielsen; University of Copenhagen John Rust; Georgetown University Bertel Schjerning; University of Copenhagen |
| Presented by: Dan Cao, Georgetown University |
| Breaking Uniform Pricing |
| By Marcos Lissauer; Torcuato Di Tella University David Argente; Yale University |
| Presented by: Marcos Lissauer, Torcuato Di Tella University |
| Pricing to Customers in Firm-to-Firm Relationships |
| By Luis Cespedes; Central Bank of Chile Jorge Miranda-Pinto; International Monetary Fund and University of Queensland Javier Turen; Pontificia Universidad Católica de Chile |
| Presented by: Javier Turen, Pontificia Universidad Católica de Chile |
| Session 9: Household Heterogeneity July 2, 2026 10:00 to 11:30 |
| Session Chair: Morgane Richard, Sciences Po |
| The Mortgage Debt Channel of Monetary Policy when Mortgages are Liquid |
| By Greg Kaplan; Chicago University |
| Presented by: Greg Kaplan, Chicago University |
| Concentrating on Customers: A New Measure of Size-Based Market Power |
| By Christina Patterson; University of Chicago, Booth School of B Joseph Vavra; The University of Chicago |
| Presented by: Joseph Vavra, The University of Chicago |
| Savings Choices in Household Debt Decisions |
| By Paul Hubert; Banque de France Morgane Richard; Sciences Po Frédérique Savignac; Banque de France |
| Presented by: Morgane Richard, Sciences Po |
| Session 10: Job Loss, Mobility, and Human Capital July 2, 2026 10:00 to 11:30 |
| Session Chair: Ludo Visschers, Universidad Carlos III de Madrid |
| The Labor Market Spillovers of Job Destruction |
| By Michael Blank; Stanford Omeed Maghzian; MIT |
| Presented by: Omeed Maghzian, MIT |
| Job Displacement and Transferability of Human Capital |
| By Gonzalo Castex; University of New South Wales Evgenia Dechter; UNSW Hugo Hopenhayn; University of California Los Angeles |
| Presented by: Evgenia Dechter, UNSW |
| Career Mobility in Dual Labor Markets |
| By Christopher Busch; Ludwig-Maximilian-University Munich Ismael Gálvez Iniesta; Universitat de les Illes Balears Eugenia Gonzalez-Aguado; Toulouse School of Economics Ludo Visschers; Universidad Carlos III de Madrid |
| Presented by: Ludo Visschers, Universidad Carlos III de Madrid |
| Session 11: Labor Markets and Informality July 2, 2026 10:00 to 11:30 |
| Session Chair: Felipe Bordini do Amaral, Universitat Pompeu Fabra |
| Minimum Wages, Inequality, and the Informal Sector |
| By Rafael Parente; International Monetary Fund Luiz Brotherhood; Universitat de Barcelona Felipe Iachan; FGV |
| Presented by: Luiz Brotherhood, Universitat de Barcelona |
| Labor Income Tax Progressivity with a Large Informal Sector |
| By Joao Ayres; Inter-American Development Bank Marcelo Pedroni; University of Amsterdam Jose Rossi; Inter-American Development Bank |
| Presented by: Joao Ayres, Inter-American Development Bank |
| Labor Market Power in the Presence of Informality and Self-Employment |
| By Felipe Bordini do Amaral; Universitat Pompeu Fabra |
| Presented by: Felipe Bordini do Amaral, Universitat Pompeu Fabra |
| Session 12: Nonconvexities and Firm Dynamics July 2, 2026 10:00 to 11:30 |
| Session Chair: Alberto Martin, CREI, UPF and BSE |
| Monetary Policy Without Borrowing: Capacity Constraints and Lumpy Investment |
| By Boragan Aruoba; University of Maryland Andres Fernandez; IMF Will Jianyu Lu; Central Bank of Chile Felipe Saffie; University of Virginia |
| Presented by: Felipe Saffie, University of Virginia |
| Corner Solutions in Investment Decisions: Theory and Experimental Evidence |
| By Dagmara Celik Katreniak; National Research Univeristy Higher School of Economics Alexey Khazanov; Hebrew University of Jerusalem Omer Moav; University of Warwick Zvika Neeman; Tel Aviv University Hosny Zoabi; NES |
| Presented by: Alexey Khazanov, Hebrew University of Jerusalem |
| Fixed Costs, Product Heterogeneity, and The Force of Competition |
| By Vladimir Asriyan; CREi, ICREA, UPF, and BSE Alberto Martin; CREI, UPF and BSE Maria Ptashkina; The University of Melbourne Jaume Ventura; CREI |
| Presented by: Alberto Martin, CREI, UPF and BSE |
| Session 13: Phillips Curves and Inflation Dynamics July 2, 2026 10:00 to 11:30 |
| Session Chair: Ricardo Reyes-Heroles, Federal Reserve Bank of Dallas |
| The Slope of the Phillips Curve and the Mandate of the Central Bank |
| By Jean-Paul L'Huillier; Brandeis University Ernesto Pasten; Banco Central de Chile Gregory Phelan; Williams College |
| Presented by: Gregory Phelan, Williams College |
| Monetary Policy and the Kinky Phillips Curve |
| By Giulia Gitti; Collegio Carlo Alberto Alessandro Lin; Bank of Italy Cosimo Petracchi; Tor Vergata University of Rome |
| Presented by: Giulia Gitti, Collegio Carlo Alberto |
| Globalization, Inflation Dynamics, and the Slope of the Phillips Curve |
| By Colin Hottman; Board of Governors of the Federal Reserv Ricardo Reyes-Heroles; Federal Reserve Bank of Dallas |
| Presented by: Ricardo Reyes-Heroles, Federal Reserve Bank of Dallas |
| Session 14: Risk and Distributional Effects in a Warming World July 2, 2026 10:00 to 11:30 |
| Session Chair: Santiago Franco, Boston University |
| The Distributional Impacts of Decarbonization Policies |
| By Rafael Dix-Carneiro; Duke University Saverio Spinella; New York University Jeffrey Sun; University of Toronto Sharon Traiberman; NYU |
| Presented by: Saverio Spinella, New York University |
| Climate Risk in Dynamic Spatial Equilibrium |
| By Santiago Franco; Boston University Adrien Bilal; Stanford University Esteban Rossi-Hansberg; University of Chicago |
| Presented by: Santiago Franco, Boston University |
| Session 15: Risk-Sharing and Redistribution over the Business Cycle July 2, 2026 10:00 to 11:30 |
| Session Chair: Marc de la Barrera i Bardalet, IESE Business School |
| Consumption Inequality, Household Risks and the Business Cycle |
| By Drago Bergholt; Norges Bank Research Francesco Furlanetto; Norges Bank Lorenzo Mori; Bank of Italy |
| Presented by: Francesco Furlanetto, Norges Bank |
| Unconventional Monetary Policy and Redistribution |
| By Jinyoung Seo; Wake Forest University |
| Presented by: Jinyoung Seo, Wake Forest University |
| The Welfare Cost of Inflation Risk |
| By Tomas Caravello; Massachusetts Institute of Technology Marc de la Barrera i Bardalet; IESE Business School |
| Presented by: Marc de la Barrera i Bardalet, IESE Business School |
| Session 16: Asset Pricing and Macro July 2, 2026 12:00 to 13:30 |
| Session Chair: Dejanir Silva, Purdue University |
| Stagflationary Stock Returns |
| By Benjamin Knox; Federal Reserve Board Yannick Timmer; Federal Reserve Board |
| Presented by: Benjamin Knox, Federal Reserve Board |
| Timing Risk and Asset Prices |
| By Indira Puri; New York University |
| Presented by: Indira Puri, New York University |
| Dissecting the Aggregate Market Elasticity |
| By Dejanir Silva; Purdue University Mahyar Kargar; University of Illinois Urbana-Champaign Jiacui Li; University of Utah Victor Duarte; UIUC |
| Presented by: Dejanir Silva, Purdue University |
| Session 17: Asymmetric Information in Intermediated Markets July 2, 2026 12:00 to 13:30 |
| Session Chair: Laura Veldkamp, Columbia University |
| A Theory of Beauty: Beliefs, Intermediation, and the Value of Art |
| By Maryam Farboodi; Massachusetts Institute of Technology Alessandra Fogli; Minneapolis Federal Reserve Bank |
| Presented by: Alessandra Fogli, Minneapolis Federal Reserve Bank |
| Multidimensional Screening and Menu Design in Health Insurance Markets |
| By Hector Chade; Arizona State University |
| Presented by: Hector Chade, Arizona State University |
| Unbundling Goods and Data: Triangular Incentives in Third-Party Data Markets |
| By Piotr Dworczak; Northwestern University Jacopo Perego; Columbia University Laura Veldkamp; Columbia University |
| Presented by: Laura Veldkamp, Columbia University |
| Session 18: Beliefs and Job Search July 2, 2026 12:00 to 13:30 |
| Session Chair: Anushka Mitra, Federal Reserve Board of Governors |
| New Keynesian Economics through the Extensive Margin |
| By Saki Bigio; UCLA Akira Ishide; The University of Tokyo |
| Presented by: Akira Ishide, The University of Tokyo |
| Inaccurate Beliefs and Cyclical Labor Market Dynamics |
| By Jenny Siqin Ding; University of Maryland |
| Presented by: Jenny Siqin Ding, University of Maryland |
| Macroeconomic Sentiments and Job Search Behavior |
| By Anushka Mitra; Federal Reserve Board of Governors |
| Presented by: Anushka Mitra, Federal Reserve Board of Governors |
| Session 19: Commodity Prices July 2, 2026 12:00 to 13:30 |
| Session Chair: Juan Pablo Nicolini, |
| Commodity Boom and Industrialization: Brazil before WWII |
| By Andrei Laskievic; University of Michigan Heitor Pellegrina; University of Notre Dame Brock Rowberry Sebastian Sotelo; The University of Michigan, Ann Arbor |
| Presented by: Sebastian Sotelo, The University of Michigan, Ann Arbor |
| Anatomy of the investment network in a commodity-dependent economy |
| By Roberto Gillmore; Central Bank of Chile Rodrigo Heresi; Central Bank of Chile 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: Rodrigo Heresi, Central Bank of Chile |
| Primary Commodity Prices and Real Exchange Rates in the BKK model: Theory and Evidence from Fixed Exchange Rate Regimes. |
| By Juan Pablo Nicolini Joao Ayres; Inter-American Development Bank Constantino Hevia; Universidad Torcuato Di Tella |
| Presented by: Juan Pablo Nicolini, |
| Session 20: Financial Market Segmentation and Unconventional Monetary Policy July 2, 2026 12:00 to 13:30 |
| Session Chair: Antonio Villani, Universitat Pompeu Fabra |
| Institutional Asset Pricing with Segmentation and Household Heterogeneity |
| By Goutham Gopalakrishna; Rotman School of Management, University of Toronto Zhouzhou Gu; Princeton University Jonathan Payne; Princeton University |
| Presented by: Jonathan Payne, Princeton University |
| When the tide goes out: The Effect of QE on the Structure of the Financial System |
| By Ciaran Rogers; HEC Paris |
| Presented by: Ciaran Rogers, HEC Paris |
| The Effects of Corporate Purchase Programmes on Market Power |
| By Antonio Villani; Universitat Pompeu Fabra |
| Presented by: Antonio Villani, Universitat Pompeu Fabra |
| Session 21: Heterogeneous Beliefs and Wealth Inequality July 2, 2026 12:00 to 13:30 |
| Session Chair: Roxana Mihet, The Swiss Finance Institute and HEC Laus |
| Learning to Be Rich: How Expectations Amplify Wealth Inequality |
| By Pau Belda; Bank of England |
| Presented by: Pau Belda, Bank of England |
| Wealth and Attention to the Macroeconomy: Evidence from Danish Inheritances |
| By Alexander Dietrich; Danmarks Nationalbank Lukas Leitenbacher; University of Tuebingen |
| Presented by: Alexander Dietrich, Danmarks Nationalbank |
| Financial Technology and Wealth Inequality |
| By Roxana Mihet; The Swiss Finance Institute and HEC Laus |
| Presented by: Roxana Mihet, The Swiss Finance Institute and HEC Laus |
| Session 22: Housing Markets and Monetary Policy July 2, 2026 12:00 to 13:30 |
| Session Chair: James Graham, University of Sydney |
| Mortgage Stress Tests, Interest Rate Shocks and Financial Stability |
| By Nuno Paixao; Bank of Canada |
| Presented by: Nuno Paixao, Bank of Canada |
| Real Estate Investors, Rental Markets, and Monetary Policy |
| By Carlos Garriga; Federal Reserve Bank of St. Louis Pedro Gete; IE Business School, IE University Franco Zecchetto; Universidad Adolfo Ibáñez |
| Presented by: Carlos Garriga, Federal Reserve Bank of St. Louis |
| Monetary Policy and the Homeownership Rate |
| By James Graham; University of Sydney Avish Sharma; Northwestern University |
| Presented by: James Graham, University of Sydney |
| Session 23: Immigration and Labor Market Integration July 2, 2026 12:00 to 13:30 |
| Session Chair: Sarah Winton, London School of Economics and Political Science |
| Networks, Sorting, and the Productivity Implications of Immigrant Assimilation |
| By Luke Rawling; Queen's University |
| Presented by: Luke Rawling, Queen's University |
| Worker Selection and Skilled Immigration Policy |
| By Caitlin Hegarty; Williams College Mishita Mehra; University of Richmond |
| Presented by: Caitlin Hegarty, Williams College |
| Refugees' Right to Work: Efficiency and Equity in Host Country Labor Markets |
| By Sarah Winton; London School of Economics and Political Science |
| Presented by: Sarah Winton, London School of Economics and Political Science |
| Session 24: International Trade and Macroeconomic Outcomes July 2, 2026 12:00 to 13:30 |
| Session Chair: Timothy Kehoe, University of Minnesota |
| Cross-border flows in construction |
| By Andrew Bernard; Dartmouth College Martina Kirchberger; Trinity College Dublin Michael Peters; Yale University |
| Presented by: Martina Kirchberger, Trinity College Dublin |
| Transportation as a Chokepoint: Impact on Trade and Prices |
| By Giulia Brancaccio; NYU Stern Myrto Kalouptsidi; Harvard University Theodore Papageorgiou; Boston College Yixin Zhou; Harvard University |
| Presented by: Myrto Kalouptsidi, Harvard University |
| A General Equilibrium Trade Model with the Least-Traded Products Margin |
| By Timothy Kehoe; University of Minnesota Kim Ruhl; UW - Madison Xing Xu; University of Minnesota-Twin Cities |
| Presented by: Timothy Kehoe, University of Minnesota |
| Session 25: Labor Markets and Gender July 2, 2026 12:00 to 13:30 |
| Session Chair: Annika Bacher, BI Norwegian Business School |
| Preparing Kids for Capitalism: The Effect of German Reunification on the Intergenerational Transmission of Preferences |
| By Matthias Doepke; London School of Economics and Political Mariko Klasing; University of Groningen |
| Presented by: Matthias Doepke, London School of Economics and Political Science |
| Family-Friendly Policies and Fertility: What Firms Have to Do With It? |
| By Olympia Bover; CEMFI Nezih Guner; CEMFI Yuliya Kulikova; OIST (Japan)/ IIASA (Austria) Alessandro Ruggieri; IAE-CSIC and Barcelona School of Economics Carlos Sanz; Bank of Spain |
| Presented by: Alessandro Ruggieri, IAE-CSIC and Barcelona School of Economics |
| Social Media Entrepreneurship |
| By Annika Bacher; BI Norwegian Business School Maria Olsson; BI Norwegian Business School Ella Wold; BI Norwegian Business School |
| Presented by: Annika Bacher, BI Norwegian Business School |
| Session 26: Market Power and the Macroeconomy July 2, 2026 12:00 to 13:30 |
| Session Chair: Gideon Bornstein, UPenn, Wharton |
| The Macroeconomics of Market Power |
| By Jan De Loecker; KU Leuven Jan Eeckhout; UPF Barcelona (BSE, ICREA, CREI) |
| Presented by: Jan Eeckhout, UPF Barcelona (BSE, ICREA, CREI) |
| Individual Wage Markdowns: Method, Measurement, and Aggregate Implications |
| By Kyle Herkenhoff; University of Minnesota William Jungerman; University of North Carolina, Chapel Hil |
| Presented by: Kyle Herkenhoff, University of Minnesota |
| Bank Market Power and its Macroeconomic Implications |
| By Luigi Bocola; Stanford University Gideon Bornstein; UPenn, Wharton Cedomir Malgieri; Stanford University Federico Puglisi; Bank of Italy |
| Presented by: Gideon Bornstein, UPenn, Wharton |
| Session 27: Mathematical and Computational Methods July 2, 2026 12:00 to 13:30 |
| Session Chair: Hanbaek Lee, Faculty of Economics, University of Camb |
| Neural Networks vs. Traditional Methods: A Hybrid Nonlinear Approach for Solving Large OLG Models |
| By Michael Reiter; Institute for Advanced Studies, Vienna |
| Presented by: Michael Reiter, Institute for Advanced Studies, Vienna |
| Macroeconomic Effects of Production Networks: A Deep Learning Approach |
| By Jesus Fernandez-Villaverde; University of Pennsylvania Christian Matthes; University of Notre Dame Hikaru Saijo; University of California Santa Cruz Felipe Schwartzman; Federal Reserve Bank of Richmond |
| Presented by: Hikaru Saijo, University of California Santa Cruz |
| Dancing on the Saddles: A Geometric Framework for Stochastic Equilibrium Dynamics |
| By Hanbaek Lee; Faculty of Economics, University of Cambridge |
| Presented by: Hanbaek Lee, Faculty of Economics, University of Camb |
| Session 28: Open-Economy Inflation and Pass-Through July 2, 2026 12:00 to 13:30 |
| Session Chair: Sarah Gertler, Columbia University |
| The Contribution of Imports to Consumer Prices |
| By Omar Barbiero; Federal Reserve Bank of Boston Alvaro Silva; Federal Reserve Bank of Boston Hillary Stein; Federal Reserve Bank of Boston |
| Presented by: Alvaro Silva, Federal Reserve Bank of Boston |
| The Impact of Shipping Costs on U.S. Producer Prices: Micro-Level Evidence from the Pandemic |
| By Simon Gilchrist; New York University Bin Wei; Federal Reserve Bank of Atlanta Vivian Yue; Emory University Egon Zakrajsek; Federal Reserve Bank of Boston |
| Presented by: Bin Wei, Federal Reserve Bank of Atlanta |
| Import Buyer Price Rigidities and the Transmission of Tariff-Exchange Rate Shocks |
| By Sarah Gertler; Columbia University |
| Presented by: Sarah Gertler, Columbia University |
| Session 29: Platforms and Network Effects July 2, 2026 12:00 to 13:30 |
| Session Chair: Jane Olmstead-Rumsey, London School of Economics |
| Technology Adoption and Optimal Industrial Policy |
| By Fernando Alvarez; University of Chicago Francisco Buera; Washington University St Louis Nicholas Trachter; Federal Reserve Bank of Richmond |
| Presented by: Francisco Buera, Washington University St Louis |
| The efficiency effects of platform ranking regulation |
| By Joel Waldfogel; University of Minnesota |
| Presented by: Joel Waldfogel, University of Minnesota |
| Innovation Without Diffusion: The Platform Growth Paradox |
| By Jane Olmstead-Rumsey; London School of Economics Federico Puglisi; Bank of Italy Liangjie Wu; Einaudi Institute for Economics and Fina |
| Presented by: Jane Olmstead-Rumsey, London School of Economics |
| Session 30: Policy and Economic Growth July 2, 2026 12:00 to 13:30 |
| Session Chair: Harun Alp, Federal Reserve Board |
| The Geopolitical Determinants of Economic Growth, 1960 - 2024 |
| By Tianyu Fan; Yale University |
| Presented by: Tianyu Fan, Yale University |
| The Political Economy of Industrial Policy |
| By Jesus Fernandez-Villaverde; University of Pennsylvania Yang Yu; Shanghai Jiao Tong University Francesco Zanetti; Oxford University |
| Presented by: Yang Yu, Shanghai Jiao Tong University |
| Can Trade Policy Spur Innovation? |
| By Harun Alp; Federal Reserve Board Sina Ates; Federal Reserve Board |
| Presented by: Harun Alp, Federal Reserve Board |
| Session 31: Capital and the Energy Transition July 2, 2026 15:00 to 16:30 |
| Session Chair: Neil Mehrotra, Federal Reserve Bank of Minneapolis |
| Capital Replacement and the Demand for Clean Technology |
| By Felix Samy Soliman; University of Zurich |
| Presented by: Felix Samy Soliman, University of Zurich |
| Deep Industrial Decarbonization: Theory and Evidence from South Korea |
| By Costas Arkolakis; Yale University Cheolhwan Kim; Yale University Emmanuel Murray Leclair; University of Chicago |
| Presented by: Cheolhwan Kim, Yale University |
| Carbon Taxes and Subsidies with Electrification |
| By Neil Mehrotra; Federal Reserve Bank of Minneapolis |
| Presented by: Neil Mehrotra, Federal Reserve Bank of Minneapolis |
| Session 32: Computational Methods in Heterogeneous Agent Models July 2, 2026 15:00 to 16:30 |
| Session Chair: Elisabeth Pröhl, University of Amsterdam |
| How Small is Small? Non-linearities in Heterogeneous Agent Models |
| By Javier Bianchi; Federal Reserve Bank of Minneapolis Greg Kaplan; Chicago University |
| Presented by: Javier Bianchi, Federal Reserve Bank of Minneapolis |
| Structural Reinforcement Learning for Heterogeneous Agent Macroeconomics |
| By Yucheng Yang; University of Zurich Chiyuan Wang; Peking University Andreas Schaab; UC Berkeley Benjamin Moll; London School of Economics |
| Presented by: Yucheng Yang, University of Zurich |
| A Global Solution Method for HACT Models with Aggregate Risk |
| By Niklas Bonnmann; Free University Amsterdam Elisabeth Pröhl; University of Amsterdam |
| Presented by: Elisabeth Pröhl, University of Amsterdam |
| Session 33: Development and Labor Markets July 2, 2026 15:00 to 16:30 |
| Session Chair: Julieta Caunedo, Cornell University |
| Intel Inside, Intel Outside: Coordination in Costa Rican Labor Markets |
| By David Argente; Yale University Esteban Méndez-Chacón; Central Bank of Costa Rica Todd Schoellman; Federal Reserve Bank of Minneapolis Diana Van Patten; Yale University |
| Presented by: Todd Schoellman, Federal Reserve Bank of Minneapolis |
| Middlemen in Lewisian Development: Evidence from Labor Recruitment Agencies in China |
| By Linchuan Xu; LSE |
| Presented by: Linchuan Xu, LSE |
| Time use on the job: Evidence from service jobs in Peru |
| By Julieta Caunedo; Cornell University Claudia Macaluso; Federal Reserve Bank of Richmond Pamela Medina; University of Toronto |
| Presented by: Julieta Caunedo, Cornell University |
| Session 34: Firm Dynamics and Market Power July 2, 2026 15:00 to 16:30 |
| Session Chair: Chengzi Yi, European University Institute |
| Market Power with Formal and Informal Firms |
| By Tomas Martinez; Insper Institute of Education and Resear Cezar Santos; Inter-American Development Bank |
| Presented by: Cezar Santos, Inter-American Development Bank |
| Markups as Insurance |
| By Luis Perez; Southern Methodist University Thomas Hasenzagl; Federal Reserve Bank of Richmond |
| Presented by: Luis Perez, Southern Methodist University |
| Export Dynamics of Multiproduct Firms with (Non-)Differentiated Products |
| By Chengzi Yi; European University Institute |
| Presented by: Chengzi Yi, European University Institute |
| Session 35: Firms and Financial Frictions July 2, 2026 15:00 to 16:30 |
| Session Chair: Priit Jeenas, Universitat Pompeu Fabra, CREI, BSE |
| 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: Pablo Ottonello, University of Maryland |
| On the importance of equity for investment and growth |
| By Cesaire Meh; International Finance Corporation Vincenzo Quadrini; University of Southern California |
| Presented by: Vincenzo Quadrini, University of Southern California |
| Frost and Fire: A Tale of Two Crises |
| By Vladimir Asriyan; CREi, ICREA, UPF, and BSE Priit Jeenas; Universitat Pompeu Fabra, CREI, BSE Alberto Martin; CREI, UPF and BSE |
| Presented by: Priit Jeenas, Universitat Pompeu Fabra, CREI, BSE |
| Session 36: Geopolitical Risk July 2, 2026 15:00 to 16:30 |
| Session Chair: Joel Flynn, Yale |
| Geopolitical Barriers to Globalization |
| By Tianyu Fan; Yale University Mai Wo; Yale University Wei Xiang; University of Michigan |
| Presented by: Wei Xiang, University of Michigan |
| Are Geopolitical Risks Supply Shocks? Evidence from U.S. Firms |
| By Leslie Sheng Shen; Federal Reserve Bank of Boston |
| Presented by: Leslie Sheng Shen, Federal Reserve Bank of Boston |
| Foreign Political Risk and Technological Change |
| By Joel Flynn; Yale Antoine Levy; UC Berkeley Jacob Moscona; MIT Mai Wo; Yale University |
| Presented by: Joel Flynn, Yale |
| Session 37: Identification in Empirical Macroeconomics I July 2, 2026 15:00 to 16:30 |
| Session Chair: Valeria Gargiulo, Universitat Pompeu Fabra |
| The Price of Copper: A Conductive Measure of Chinese Monetary Policy |
| By Refet Gurkaynak; Bilkent University Mahmut Ipek; Bilkent University Giovanni Ricco; Ècole Polytechnique |
| Presented by: Mahmut Ipek, Bilkent University |
| The Effects of Monetary Policy on Macroeconomic Expectations: High-Frequency Evidence from Prediction Markets |
| By Eric Swanson; University of California Irvine Renxuan Wang; China Europe International Business School Yanbin Wu; University of Florida |
| Presented by: Eric Swanson, University of California Irvine |
| Mean and Variance Regimes in Threshold VARs: Revisiting Regime-Dependent Fiscal Multipliers |
| By Valeria Gargiulo; Universitat Pompeu Fabra |
| Presented by: Valeria Gargiulo, Universitat Pompeu Fabra |
| Session 38: Inflation Expectation Formation July 2, 2026 15:00 to 16:30 |
| Session Chair: Lukas Hack, ETH Zürich / University of Mannheim |
| Incentivizing Inflation Expectations |
| By Sergii Drobot; Indiana University Bloomington Daniela Puzzello; Indiana University Ryan Rholes; University of Mississippi Alena Wabitsch; Vienna University of Economics and Business |
| Presented by: Alena Wabitsch, Vienna University of Economics and Business |
| How Firms Form Beliefs and the Implications for Inflation |
| By Robert Minton; Federal Reserve Board Hugo Monnery; Harvard University |
| Presented by: Hugo Monnery, Harvard University |
| Do Professional Forecasters Care About Their Peers' Forecasts? |
| By Lukas Hack; ETH Zürich / University of Mannheim Lora Pavlova; ZEW - Leibniz Centre for European Econom Davud Rostam-Afschar; University of Mannheim |
| Presented by: Lukas Hack, ETH Zürich / University of Mannheim |
| Session 39: Market Power and Interest Rates July 2, 2026 15:00 to 16:30 |
| Session Chair: Shubhdeep Deb, Tilburg University |
| Monetary Policy Transmission through the Financing-from-Workers Channel |
| By Yan Bai; University of Rochester Kenghua Huang; University of Rochester Yajie Wang; University of Missouri |
| Presented by: Kenghua Huang, University of Rochester |
| Monopsony, Income Risk and R∗ Multiplicity |
| By Federica Romei; University of Oxford Sergio de Ferra; University of Oxford Andrea Ferrero; University of Oxford Alexandre Kohlhas; University of Oxford Michael McMahon Giovanni Marco Rosso; University of Oxford |
| Presented by: Sergio de Ferra, University of Oxford |
| The Effect of Market Power on the Risk-free rate and the Equity Premium |
| By Shubhdeep Deb; Tilburg University Jan Eeckhout; UPF Barcelona (BSE, ICREA, CREI) Jose Lorez-Diz; Universitat Pompeu Fabra |
| Presented by: Shubhdeep Deb, Tilburg University |
| Session 40: Rationing and Disequilibrium July 2, 2026 15:00 to 16:30 |
| Session Chair: George Nikolakoudis, University of Chicago |
| Rationing under sticky prices |
| By Tom Holden; Deutsche Bundesbank |
| Presented by: Tom Holden, Deutsche Bundesbank |
| Inflation and Competition in an Old Keynesian Model |
| By Yang Liu; Boston College |
| Presented by: Yang Liu, Boston College |
| Pricing and Production Without the Invisible Hand |
| By Joel Flynn; Yale George Nikolakoudis; University of Chicago Karthik Sastry; Princeton University |
| Presented by: George Nikolakoudis, University of Chicago |
| Session 41: Residential Segregation and Housing Policy July 2, 2026 15:00 to 16:30 |
| Session Chair: Milena Almagro, University of Chicago |
| The Unequal Effects of Upzoning: Evidence from Cook County |
| By Rebecca Diamond; Harvard University Zong Huang Timothy McQuade; Haas School of Business, UC Berkeley |
| Presented by: Rebecca Diamond, Harvard University |
| Spatial risk premia in residential real estate |
| By Leandro Gorno; FGV - Getulio Vargas Foundation Felipe Iachan; FGV Ana Paula Ruhe; FGV |
| Presented by: Felipe Iachan, FGV |
| Segregation by Choice? Separating Preferences from Restrictions in Housing Markets |
| By Milena Almagro; University of Chicago Aradhya Sood; University of Toronto |
| Presented by: Milena Almagro, University of Chicago |
| Session 42: Software, AI, and Productivity July 2, 2026 15:00 to 16:30 |
| Session Chair: Salome Baslandze, Federal Reserve Bank of Atlanta |
| Nonrival Software Capital and Software-Specific Technical Change |
| By Xian Jiang; University of California, Davis Hannah Rubinton; Federal Reserve Bank of St. Louis |
| Presented by: Hannah Rubinton, Federal Reserve Bank of St. Louis |
| Seniority Bias, Vintage Mismatch, and Productivity in the AI Era |
| By Aakash Kalyani; Federal Reserve Bank of St. Louis Ricardo Marto; Federal Reserve Bank of St. Louis Serdar Ozkan; Federal Reserve Bank of St Louis |
| Presented by: Aakash Kalyani, Federal Reserve Bank of St. Louis |
| Artificial Intelligence, Productivity, and the Workforce: Evidence from Corporate Executives |
| By Salome Baslandze; Federal Reserve Bank of Atlanta |
| Presented by: Salome Baslandze, Federal Reserve Bank of Atlanta |
| Session 43: Taxation of Entrepreneurs and Managers July 2, 2026 15:00 to 16:30 |
| Session Chair: Ellen McGrattan, University of Minnesota |
| Taxing the Rich? A Theory of Income and Wealth Inequality |
| By Varadarajan Chari; University of Minneapolis Patrick Kehoe; Stanford University Pierlauro Lopez; Federal Reserve Bank of Cleveland Elena Pastorino; Stanford University Sergio Salgado; The Wharton School, University of Pennsy |
| Presented by: Elena Pastorino, Stanford University |
| Taxing Entrepreneurs and Workers |
| By Alessandro Villa; Chicago Fed Nicolò Ceneri; New York University giuseppe lopomo; Fuqua School of Business Nicolas Werquin; Federal Reserve Bank of Chicago |
| Presented by: Alessandro Villa, Chicago Fed |
| Income Taxes and Entrepreneurship |
| By Anmol Bhandari; University of Minnesota David Evans; University of Oregon Ellen McGrattan; University of Minnesota Yuki Yao; University of Kent |
| Presented by: Ellen McGrattan, University of Minnesota |
| Session 44: Wage Variation over the Life Cycle, the Job Ladder, and Space July 2, 2026 15:00 to 16:30 |
| Session Chair: Kerstin Holzheu, Sciences Po |
| Equilibrium Job Turnover and the Business Cycle |
| By Carlos Carrillo-Tudela; Essex Alex Clymo; École d’économie de Paris – PSE Melvyn Coles; University of Essex |
| Presented by: Carlos Carrillo-Tudela, Essex |
| Occupations, Life-Cycle Wage Growth and Inequality |
| By Andres Erosa; Universidad Carlos III de Madrid Luisa Fuster; Universidad Carlos III de Madrid Gueorgui Kambourov; University of Toronto Richard Rogerson; Princeton University |
| Presented by: Gueorgui Kambourov, University of Toronto |
| The Option Value of Distance: Wages and Commuting in a Spatial Labor Market |
| By Kerstin Holzheu; Sciences Po Elena Mattana; Aarhus University |
| Presented by: Kerstin Holzheu, Sciences Po |
| Session 45: Welfare Analysis with Heterogeneous Agents July 2, 2026 15:00 to 16:30 |
| Session Chair: Wendy Morrison, Duke University |
| Capital and labor taxation in heterogeneous agents economies |
| By Mikhail Golosov; University of Chicago Ilia Krasikov; Arizona State University Ken Miyahara; University of Chicago |
| Presented by: Mikhail Golosov, University of Chicago |
| When Job Loss Raises Wages: Learning and Misperceptions among Low-Wage Workers |
| By Elin Halvorsen; Statistics Norway Hans Holter; University of Delaware Serdar Ozkan; Federal Reserve Bank of St Louis Kjetil Storesletten; University of Minnesota |
| Presented by: Kjetil Storesletten, University of Minnesota |
| The Savings Wedge |
| By Wendy Morrison; Duke University Philipp Wangner; University of Mannheim Alexandre Gaillard; Brown University |
| Presented by: Wendy Morrison, Duke University |
| Session 46: AI and the Labor Market July 2, 2026 17:00 to 18:30 |
| Session Chair: Alexander Bick, Federal Reserve Bank of St. Louis |
| A.I. in the Office and the Factory: Evidence from Administrative Software Registry Data |
| By Gustavo de Souza; Federal Reserve Bank of Chicago |
| Presented by: Gustavo de Souza, Federal Reserve Bank of Chicago |
| Job Transformation, Specialization, and the Labor Market Effects of AI |
| By Lukas Freund; Boston College Lukas Mann; Arizona State University |
| Presented by: Lukas Mann, Arizona State University |
| Generative AI in the Labor Market: Evidence and Some Theory |
| By Alexander Bick; Federal Reserve Bank of St. Louis Adam Blandin; Vanderbilt David Deming; Harvard University Tyler Schumacher; Vanderbilt University |
| Presented by: Alexander Bick, Federal Reserve Bank of St. Louis |
| Session 47: Capital Allocation and Development July 2, 2026 17:00 to 18:30 |
| Session Chair: Manuel García-Santana, UPF, CREi, World Bank |
| Climate Change and Spatial Capital Reallocation |
| By Christoph Albert; Collegio Carlo Alberto Paula Bustos; UNIVERSITAT POMPEU FABRA Jacopo Ponticelli; Northwestern Kellogg |
| Presented by: Paula Bustos, UNIVERSITAT POMPEU FABRA |
| Credit Airlines: Financing, Modes of Export, and Comparative Advantage |
| By Maria Aristizabal-Ramirez; Federal Reserve Board |
| Presented by: Maria Aristizabal-Ramirez, Federal Reserve Board |
| Capital Market Financing and Misallocation: Evidence from Global Firm-level Issuances |
| By Manuel García-Santana; UPF, CREi, World Bank Matias Moretti; University of Rochester Sergio Schmukler; World Bank |
| Presented by: Manuel García-Santana, UPF, CREi, World Bank |
| Session 48: Data, Market Power, and Technological Transformation July 2, 2026 17:00 to 18:30 |
| Session Chair: Gaetano Gaballo, HEC Paris |
| Monetary Policy during Technological Transformation |
| By Miguel Faria-e-Castro; Federal Reserve Bank of St. Louis Serdar Ozkan; Federal Reserve Bank of St Louis |
| Presented by: Serdar Ozkan, Federal Reserve Bank of St Louis |
| Inside the Walled Gardens: The Macroeconomic Consequences of Digital Advertising Monopolies |
| By Ricardo Marto; Federal Reserve Bank of St. Louis |
| Presented by: Ricardo Marto, Federal Reserve Bank of St. Louis |
| Faster Markets, Slower Growth: Consumers’ Attention, Market Shares and Competition in R&D |
| By Jeremy Boccanfuso; University of Bologna Gaetano Gaballo; HEC Paris |
| Presented by: Gaetano Gaballo, HEC Paris |
| Session 49: Dynamics of Wealth Inequality July 2, 2026 17:00 to 18:30 |
| Session Chair: Sergio Salgado, The Wharton School, University of Pennsy |
| Market Power and the Returns to Private Business Wealth |
| By Andreas Fagereng; BI Norwegian Business School luigi guiso; Einaudi Institute for Economics and Finance Luigi Pistaferri; Stanford University Maxwell Rong; Stanford University |
| Presented by: Maxwell Rong, Stanford University |
| Preference Heterogeneity and Portfolio Choices over the Wealth Distribution |
| By Gualtiero Azzalini; Stockholm School of Economics Markus Kondziella; University of St. Gallen Zoltan Racz; Stockholm School of Economics |
| Presented by: Gualtiero Azzalini, Stockholm School of Economics |
| The Persistent Elite and the Wealth Squanderers |
| By Elin Halvorsen; Statistics Norway Joachim Hubmer; University of Pennsylvania Serdar Ozkan; Federal Reserve Bank of St Louis Sergio Salgado; The Wharton School, University of Pennsy |
| Presented by: Sergio Salgado, The Wharton School, University of Pennsy |
| Session 50: Firm Scope and Organization July 2, 2026 17:00 to 18:30 |
| Session Chair: Matthias Kehrig, Duke University |
| Endogenous Firm Scope via Organizational Complexity |
| By Sebastian Dyrda; University of Toronto Guangbin Hong; Michigan State University Joseph Steinberg; University of Toronto |
| Presented by: Sebastian Dyrda, University of Toronto |
| Product Switching and Young Firm Dynamics |
| By Karam Jo; Penn State University Seula Kim; Penn State University |
| Presented by: Karam Jo, Penn State University |
| Firm Hierarchies and Misallocation |
| By Matthias Kehrig; Duke University Shipeng Fu; Duke University |
| Presented by: Matthias Kehrig, Duke University |
| Session 51: Historical Lessons on Fiscal Policy and Inflation July 2, 2026 17:00 to 18:30 |
| Session Chair: Martin Kliem, Deutsche Bundesbank |
| A Lost Decade of Fiscal Misallocation |
| By Kosuke Aoki; University of Tokyo Ippei Fujiwara; Keio University Zhenhe Lin; The Chinese University of Hong Kong Zheng Song; Chinese University of Hong Kong and Shan Chendong Wang |
| Presented by: Chendong Wang, The Chinese University of Hong Kong |
| Recovery of 1933 |
| By Margaret Jacobson; Federal Reserve Board Eric Leeper; University of Virginia Bruce Preston; The University of New South Wales |
| Presented by: Margaret Jacobson, Federal Reserve Board |
| Central Bank Losses and Inflation: 350 Years of Evidence |
| By Anna Grodecka-Messi; Sveriges Riksbank Martin Kliem; Deutsche Bundesbank Gernot Mueller; University of Tuebingen |
| Presented by: Martin Kliem, Deutsche Bundesbank |
| Session 52: Household Debt and Default July 2, 2026 17:00 to 18:30 |
| Session Chair: Stefania Albanesi, University of Miami |
| The Macroeconomic Implications of Coholding |
| By Michael Boutros; University of Toronto Andrej Mijakovic; University of Mannheim |
| Presented by: Michael Boutros, University of Toronto |
| Consumer Debt Moratoria |
| By Bulent Guler; Indiana University Bloomington Kursat Onder; Ghent University Mauricio Villamizar-Villegas; Banco de la Republica Jose Villegas; Ghent University |
| Presented by: Kursat Onder, Ghent University |
| Default Without Discharge |
| By Stefania Albanesi; University of Miami |
| Presented by: Stefania Albanesi, University of Miami |
| Session 53: Inflation Measurement and Identification using Micro Data July 2, 2026 17:00 to 18:30 |
| Session Chair: Markus Kondziella, University of St. Gallen |
| Identifying Demand-Driven Inflation: Evidence from Pension Withdrawals in Chile |
| By Boragan Aruoba; University of Maryland Gonzalo García-Trujillo; Central Bank of Chile Daniel Guzman; University of BC Felipe Saffie; University of Virginia |
| Presented by: Gonzalo García-Trujillo, Central Bank of Chile |
| Granular Markups and Inflation Surge: The Role of Managerial Incentives |
| By Juliana Salomao; University of Minnesota |
| Presented by: Juliana Salomao, University of Minnesota |
| Micro PPI-Based Real Output Forensics |
| By Timo Boppart; Stockholm University Mikael Carlsson; Uppsala University Markus Kondziella; University of St. Gallen Markus Peters; IIES |
| Presented by: Markus Kondziella, University of St. Gallen |
| Session 54: Investment and Sectoral Allocation July 2, 2026 17:00 to 18:30 |
| Session Chair: Emilien Gouin-Bonenfant, Columbia University |
| Human Capital and Technology Investment |
| By David Baqaee; UCLA Hannes Malmberg; University of Minnesota |
| Presented by: Hannes Malmberg, University of Minnesota |
| On the investment network and development |
| By Lucia Casal; Columbia University Julieta Caunedo; Cornell University |
| Presented by: Lucia Casal, Columbia University |
| Specialization and Tariff Incidence |
| By Emilien Gouin-Bonenfant; Columbia University |
| Presented by: Emilien Gouin-Bonenfant, Columbia University |
| Session 55: Leverage and Liquidity Management July 2, 2026 17:00 to 18:30 |
| Session Chair: Andrea Alati, Bank of England |
| A Model of Leveraged Bubbles |
| By Nina Biljanovska; International Monetary Fund Jordi Galí; CREI, Universitat Pompeu Fabra and BSE Lucyna Gornicka; IMF Alexandros Vardoulakis; Federal Reserve Board |
| Presented by: Alexandros Vardoulakis, Federal Reserve Board |
| Measuring Household Financial Distress as Distance to Default |
| By Dean Corbae; University of Wisconsin Aubhik Khan; Ohio State University Soyoung Lee; Bank of Canada |
| Presented by: Soyoung Lee, Bank of Canada |
| Defusing Leverage: Liquidity Management and Labor Contracts |
| By Edoardo Maria Acabbi; University of Mannheim Andrea Alati; Bank of England |
| Presented by: Andrea Alati, Bank of England |
| Session 56: Persistent Earnings Inequality July 2, 2026 17:00 to 18:30 |
| Session Chair: Nicolas Werquin, Federal Reserve Bank of Chicago |
| Heterogeneity in MPC Beyond Liquid Wealth: The Role of Permanent Earnings |
| By Jeanne Commault; Sciences Po |
| Presented by: Jeanne Commault, Sciences Po |
| Intergenerational Persistence of Health and Earnings |
| By Neha Bairoliya; Marshall School of Business Roozbeh Hosseini; University of Georgia Karen Kopecky; Federal Reserve Bank of Cleveland Kai Zhao; University of Connecticut |
| Presented by: Kai Zhao, University of Connecticut |
| Extreme Poverty in Wealthy Nations: Evidence from France |
| By Christophe-Alain Bruneel-Zupanc; KU Leuven Alexandre Gaillard; Brown University Christian Hellwig; Toulouse School of Economics Philipp Wangner; University of Mannheim Nicolas Werquin; Federal Reserve Bank of Chicago |
| Presented by: Nicolas Werquin, Federal Reserve Bank of Chicago |
| Session 57: Policy Uncertainty and Inflation July 2, 2026 17:00 to 18:30 |
| Session Chair: Oliver Pfäuti, The University of Texas at Austin |
| Fiscal Policy and the Saving Glut of the Rich |
| By Francesco Bianchi; Johns Hopkins University |
| Presented by: Francesco Bianchi, Johns Hopkins University |
| Setting the Wrong Price for the Right Reason: Consequences of Mispricing for Inflation and Monetary Policy |
| By Camilo Morales-Jimenez; Federal Reserve Board Luminita Stevens; University of Maryland Haoran Wang; University of Maryland |
| Presented by: Luminita Stevens, University of Maryland |
| Inattentive Price Setting under Policy Uncertainty |
| By Oliver Pfäuti; The University of Texas at Austin Edson Wu; Federal Reserve Board |
| Presented by: Oliver Pfäuti, The University of Texas at Austin |
| Session 58: Productivity and Growth July 2, 2026 17:00 to 18:30 |
| Session Chair: Lukasz Rachel, UCL |
| DATA-DRIVEN AUTOMATION |
| By Maryam Farboodi; Massachusetts Institute of Technology Andrew Koh; MIT Anchi Xia; MIT |
| Presented by: Maryam Farboodi, Massachusetts Institute of Technology |
| Economic Growth with Dual Market Power: Oligopoly, Oligopsony, and Innovation |
| By Laurent Cavenaile; University of Toronto Murat Celik; University of Toronto Pau Roldan-Blanco; Universitat Autònoma de Barcelona and B Renato Zimmermann; University of Toronto |
| Presented by: Laurent Cavenaile, University of Toronto |
| Emissions-Adjusted Total Factor Productivity |
| By Lukasz Rachel; UCL |
| Presented by: Lukasz Rachel, UCL |
| Session 59: Sovereign Crises July 2, 2026 17:00 to 18:30 |
| Session Chair: Carlo Galli, Univ. Carlos III de Madrid |
| Sovereign Liquidity Shocks |
| By Takaaki Sagawa; Northwestern University |
| Presented by: Takaaki Sagawa, Northwestern University |
| Beyond Market Exclusion: Creditor Attrition After Sovereign Default |
| By Clemens Graf von Luckner; Stanford University Sebastian Horn; World Bank |
| Presented by: Clemens Graf von Luckner, Stanford University |
| Official Lending in Sovereign Crises |
| By Aitor Erce Carlo Galli; Univ. Carlos III de Madrid Emircan Yurdagul; uc3m |
| Presented by: Carlo Galli, Univ. Carlos III de Madrid |
| Session 60: Tariffs July 2, 2026 17:00 to 18:30 |
| Session Chair: Andreas Schaab, UC Berkeley |
| The Optimal Macro Tariff |
| By Oleg Itskhoki; Harvard University Dmitry Mukhin; LSE |
| Presented by: Oleg Itskhoki, Harvard University |
| The Macroeconomics of Tariff Shocks |
| By Adrien Auclert; Stanford University Matthew Rognlie; Northwestern University Ludwig Straub; Harvard |
| Presented by: Ludwig Straub, Harvard |
| A Dynamic Theory of Optimal Tariffs |
| By Andreas Schaab; UC Berkeley |
| Presented by: Andreas Schaab, UC Berkeley |
| Session 61: Empirical Macroeconomics July 3, 2026 10:00 to 11:30 |
| Session Chair: Diego Känzig, Northwestern University |
| The Neoclassical Theory of Firm Investment and Taxes: A Reassessment |
| By Gabriel Chodorow-Reich; Harvard University |
| Presented by: Gabriel Chodorow-Reich, Harvard University |
| Oil, Inflation Expectations, and Household Characteristics: A Nonlinear Heterogeneous Agent VAR Approach |
| By Christiane Baumeister; University of Notre Dame Pascal Frank; University of Notre Dame Florian Huber; University of Salzburg Gary Koop; University of Strathclyde |
| Presented by: Christiane Baumeister, University of Notre Dame |
| Global Growth and Global Mortality: The Missing Intercept |
| By Adrien Bilal; Stanford University Diego Känzig; Northwestern University Krzysztof Lisiecki; Stanford University |
| Presented by: Diego Känzig, Northwestern University |
| Session 62: Energy, Temperature, and Financial Risk July 3, 2026 10:00 to 11:30 |
| Session Chair: Enric Martorell, Banco de España |
| House Prices Under Rising Seas: Deep Uncertainty in Theory and Evidence |
| By Constantine Yannelis; University of Cambridge |
| Presented by: Constantine Yannelis, University of Cambridge |
| Pricing and Risk in Sovereign Green Debt: Evidence from Chile |
| By Marcelo Sena; Stanford University Lautaro Chittaro; Centro de Estudios para el Desarrollo Humano |
| Presented by: Marcelo Sena, Stanford University |
| Energy Prices, Credit Risk and Bank Lending Dynamics |
| By Marco Giometti; Universidad Carlos III de Madrid Jose Gutierrez; Bank of Spain Enric Martorell; Banco de España Andrea Sy; CEMFI |
| Presented by: Enric Martorell, Banco de España |
| Session 63: Finance and the Wealth Distribution July 3, 2026 10:00 to 11:30 |
| Session Chair: Magnus Irie, Princeton University |
| Finance in a Time of Disruptive Growth |
| By NICOLAE GARLEANU; Wash U Stavros Panageas; University of California, Los Angeles |
| Presented by: Stavros Panageas, University of California, Los Angeles |
| Leverage, Endogenous Unbalanced Growth, and Asset Price Bubbles |
| By Tomohiro Hirano; Royal Holloway, University of London Ryo Jinnai; Hitotsubashi University Alexis Akira Toda; Emory University |
| Presented by: Alexis Akira Toda, Emory University |
| Professional Capitalists and Top Wealth |
| By Magnus Irie; Princeton University |
| Presented by: Magnus Irie, Princeton University |
| Session 64: Financial Frictions and Firm Investment July 3, 2026 10:00 to 11:30 |
| Session Chair: Alex Clymo, Paris School of Economics (PSE) |
| Firm Heterogeneity and Adverse Selection in External Finance: Micro Evidence and Macro Implications |
| By Xing Guo; Bank of Canada |
| Presented by: Xing Guo, Bank of Canada |
| Revisiting the Effect of Collateral Constraints |
| By Marios Karabarbounis; Federal Reserve Bank of Richmond Patrick Macnamara; University of Manchester Horacio Sapriza; Federal Reserve Bank of Richmond Vladimir Yankov; Federal Reserve Board |
| Presented by: Marios Karabarbounis, Federal Reserve Bank of Richmond |
| Firm Cyclicality and Financial Frictions |
| By Alex Clymo; Paris School of Economics (PSE) |
| Presented by: Alex Clymo, Paris School of Economics (PSE) |
| Session 65: Firms in a Warming World July 3, 2026 10:00 to 11:30 |
| Session Chair: Andrea Chiavari, University of Oxford |
| Direct and Indirect Taxes in Pollution Dynamics |
| By Xi Wu; University of California-Berkeley |
| Presented by: Xi Wu, University of California-Berkeley |
| Financial Constraints and the Effectiveness of Green Financial Policies |
| By Sharan Banerjee; Cornell University Damien Capelle; IMF Eduardo Espuny Diaz; International Monetary Fund Divya Kirti; International Monetary Fund German Villegas Bauer; IMF |
| Presented by: Damien Capelle, IMF |
| Mirrleesian Carbon Taxation |
| By Andrea Chiavari; University of Oxford |
| Presented by: Andrea Chiavari, University of Oxford |
| Session 66: Frictional Labor Markets July 3, 2026 10:00 to 11:30 |
| Session Chair: Ryungha Oh, University of Chicago |
| Changes in the Distribution of Job Characteristics in the US, 2008-Present |
| By Gregory Jolivet; University of Bristol Fabien Postel-Vinay; University College London |
| Presented by: Fabien Postel-Vinay, University College London |
| Directedness in Search |
| By Rasmus Lentz; University of Wisconsin Madison Jonas Maibom; Aarhus University Espen Rasmus Moen; Norwegian Business School |
| Presented by: Rasmus Lentz, University of Wisconsin Madison |
| Assortative Matching through Partially Directed Search |
| By Ryungha Oh; University of Chicago Jaeeun Seo |
| Presented by: Ryungha Oh, University of Chicago |
| Session 67: Labor Markets and Growth July 3, 2026 10:00 to 11:30 |
| Session Chair: Yimei Zou, Institute for International Economics Studies, Stockholm University |
| Optimal Immigration and Long-Run Growth |
| By Andrew Abel; Wharton School of the Univ of Penn Stavros Panageas; University of California, Los Angeles |
| Presented by: Andrew Abel, Wharton School of the Univ of Penn |
| Labor market power and innovation |
| By Richard Bräuer; Halle Institute of Economic Research Jonathan Deist; Halle Institute for Economic Research (IWH) Matthias Mertens; Massachusetts Institute of Technology |
| Presented by: Richard Bräuer, IOS Regensburg |
| The Growth Implications of Women's Reproductive Freedom |
| By Yimei Zou; Institute for International Economics Studies, Stockholm University |
| Presented by: Yimei Zou, Institute for International Economics Studies, Stockholm University |
| Session 68: Policy Constraints and Macro Stabilization July 3, 2026 10:00 to 11:30 |
| Session Chair: Dmitriy Sergeyev, Bocconi University |
| Fed's Employment Mandate and Inflation Policy |
| By Baris Kaymak; Federal Reserve Bank of Cleveland Roberto Pinheiro; Federal Reserve Bank Cleveland |
| Presented by: Baris Kaymak, Federal Reserve Bank of Cleveland |
| The Role of Risk Sharing in Attenuating Business Cycles Within Currency Unions |
| By Alberto Pavia; KU Leuven Christian Proebsting; KU Leuven |
| Presented by: Christian Proebsting, KU Leuven |
| Perceived Budget Constraint of the Government |
| By Dmitriy Sergeyev; Bocconi University Gabriele Maugeri; Bocconi University |
| Presented by: Dmitriy Sergeyev, Bocconi University |
| Session 69: Portfolios and Liquidity July 3, 2026 10:00 to 11:30 |
| Session Chair: Alina Bartscher, Frankfurt School of Finance & Management gGmbH |
| Tax Incentives, Portfolio Choice, and Macroprudential Risks |
| By Janosch Brenzel-Weiss; University of St.Gallen Winfried Koeniger; University of St.Gallen Arnau Valladares-Esteban; Maynooth University |
| Presented by: Arnau Valladares-Esteban, Maynooth University |
| Portfolio Decisions with Higher-Order Dependence Between the Labor and Stock Markets |
| By Wei Jiang; The Hong Kong University of Science and Technology Shize Li; Hong Kong University of Science and Technology Jialu Shen; University of Missouri |
| Presented by: Wei Jiang, The Hong Kong University of Science and Technology |
| Early Withdrawals and Optimal Liquidity |
| By Alina Bartscher; Frankfurt School of Finance & Management gGmbH Henrik Andersen; Danmarks Nationalbank Soren Leth-Petersen; University of Copenhagen Patrick Moran; Federal Reserve Board, IFS, CEBI |
| Presented by: Alina Bartscher, Frankfurt School of Finance & Management gGmbH |
| Session 70: Shock Propagation in Interconnected Economies July 3, 2026 10:00 to 11:30 |
| Session Chair: Makoto Nirei, University of Tokyo |
| Prices vs. Production Restrictions: China's Coal Industry |
| By Tianshi Mu; Tsinghua University Xincheng Qiu; Peking University Chenyu Yang; University of Maryland |
| Presented by: Xincheng Qiu, Peking University |
| Foreign Exchange Risk Management Spillovers Across the Production Network |
| By Wentong Chen; Santa Clara University |
| Presented by: Wentong Chen, Santa Clara University |
| Propagation of Export Shocks: The Great Recession in Japan |
| By Toshihiko Mukoyama; Georgetown University Kanato Nakakuni; University of Mannheim Makoto Nirei; University of Tokyo |
| Presented by: Makoto Nirei, University of Tokyo |
| Session 71: Spatial Dynamics July 3, 2026 10:00 to 11:30 |
| Session Chair: Conor Walsh, Columbia University |
| The Housing Bottleneck |
| By Fabian Eckert; University of California, San Diego Fabian Trottner; University of California, San Diego |
| Presented by: Fabian Eckert, University of California, San Diego |
| Work from Home and the Evolution of Cities |
| By Brian Greaney; University of Washington Andrii Parkhomenko; University of Southern California Stijn Van Nieuwerburgh; Columbia University |
| Presented by: Brian Greaney, University of Washington |
| Local Growth |
| By Conor Walsh; Columbia University |
| Presented by: Conor Walsh, Columbia University |
| Session 72: The Rise of Services and Urban Transformation July 3, 2026 10:00 to 11:30 |
| Session Chair: Margarida Duarte, University of Toronto |
| From Street Markets to Shopping Malls: The Modern Service Multiplier |
| By Matthew Schwartzman; University of Michigan |
| Presented by: Matthew Schwartzman, University of Michigan |
| Social Mobility and Urban Integration |
| By Pedro Cavalcanti Ferreira; Fundação Getulio Vargas Alexander Monge-Naranjo; Federal Reserve Bank of Atlanta Luciene Pereira; Getulio Vargas Foundation |
| Presented by: Luciene Pereira, Getulio Vargas Foundation |
| Aggregate Employment and the Rise of Services across Time and Countries |
| By Margarida Duarte; University of Toronto Diego Restuccia; University of Toronto |
| Presented by: Margarida Duarte, University of Toronto |
| Session 73: Tangible and Intangible Capital July 3, 2026 10:00 to 11:30 |
| Session Chair: Rafael Guntin, University of Rochester |
| Why don't old firms do new things? |
| By Nicolas Crouzet; Northwestern University Zhiguo He; Stanford Graduate School of Business Victor Lyonnet; University of Michigan Yueran Ma; University of Chicago |
| Presented by: Nicolas Crouzet, Northwestern University |
| Investment Markups |
| By Fabio Bertolotti; Banca d'Italia Andrea Lanteri; Duke University Alessandro Villa; Chicago Fed |
| Presented by: Andrea Lanteri, Duke University |
| Investment Spikes: Micro Dynamics and Macro Implications |
| By Lucia Casal; Columbia University Rafael Guntin; University of Rochester Federico Kochen; CEMFI |
| Presented by: Rafael Guntin, University of Rochester |
| Session 74: Trade Integration and External Adjustment July 3, 2026 10:00 to 11:30 |
| Session Chair: Hyunju Lee, University of Houston |
| Risk Sharing, International Comovement, and the Goldilocks Trade Elasticity |
| By Ozge Akinci; Federal Reserve Bank of New York Ryan Chahrour; Cornell University |
| Presented by: Ryan Chahrour, Cornell University |
| Productivity and Wedges: Economic Convergence and the Real Exchange Rate |
| By Michael Devereux; University of British Columbia Ippei Fujiwara; Keio University / ANU Camilo Granados; University of Texas at Dallas |
| Presented by: Camilo Granados, University of Texas at Dallas |
| Globalization Accounting |
| By Hyunju Lee; University of Houston Radek Paluszynski; University of Houston |
| Presented by: Hyunju Lee, University of Houston |
| Session 75: Volatility and Uncertainty in Inflation Expectations July 3, 2026 10:00 to 11:30 |
| Session Chair: Luca Gemmi, University of Bologna |
| Using density forecasts to measure the stability of inflation expectations |
| By Ian Dew-Becker; Federal Reserve Bank of Chicago Stefano Giglio; Yale University Pooya Molavi; Northwestern |
| Presented by: Ian Dew-Becker, Federal Reserve Bank of Chicago |
| The Volatility of Inflation Expectations and Interest Rates |
| By Edoardo Bonaglia; New York University Daniele D'Arienzo; Capital Fund Management Nunzio Fallico; Boston University Nicola Gennaioli; Bocconi University Luigi Iovino; Bocconi University |
| Presented by: Luigi Iovino, Bocconi University |
| Household Expectations in Uncertain Times |
| By Luca Gemmi; University of Bologna Roxana Mihet; University of Lausanne |
| Presented by: Luca Gemmi, University of Bologna |
| Session 76: A Closer Look at Worker-Firm Matches July 3, 2026 12:00 to 13:30 |
| Session Chair: Georgios Angelis, University of Glasgow |
| Firm-Worker Matches: Experience or Inspection Goods? |
| By Victoria Gregory; Federal Reserve Bank of St. Louis Guido Menzio; New York University Giovanni Topa; NYU |
| Presented by: Giovanni Topa, NYU |
| Signals, Interviews, and Hiring in Labor Market Equilibrium |
| By Piero Gottardi; University of Essex Benjamin Lester; Federal Reserve Bank of Philadelphia Ryan Michaels; Federal Reserve Bank of Philadelphia Ronald Wolthoff; University of Toronto |
| Presented by: Ronald Wolthoff, University of Toronto |
| The Matching Function: A Unified Look into the Black Box |
| By Georgios Angelis; University of Glasgow Yann Bramoulle; Aix-Marseille University |
| Presented by: Georgios Angelis, University of Glasgow |
| Session 77: Bank Runs and Bailouts July 3, 2026 12:00 to 13:30 |
| Session Chair: Luigi Falasconi, |
| How to stop a bank run: The 2023 banking turmoil and the Bank Term Funding Program |
| By David Glancy; Federal Reserve Board Felicia Ionescu; Federal Reserve Board Elizabeth Klee; Federal Reserve Board Antonis Kotidis; Federal Reserve Board Michael Siemer; Federal Reserve Board Andrei Zlate; Federal Reserve Board |
| Presented by: Andrei Zlate, Federal Reserve Board |
| Wholesale Funding Crises since 1800 |
| By Rustam Jamilov; University of Oxford Tobias König; University of Bonn Sami Mahmood; National University of Singapore Karsten Müller; National University of Singapore Farzad Saidi; University of Bonn |
| Presented by: Rustam Jamilov, University of Oxford |
| Bailout Expectations, Default Risk and the Dynamics of Bank Credit Spreads |
| By Luigi Falasconi |
| Presented by: Luigi Falasconi, |
| Session 78: Empirical Monetary Economics July 3, 2026 12:00 to 13:30 |
| Session Chair: Amy Handlan, Brown University |
| Interest Rate Surprises When the Fed Doesn't Speak |
| By Silvia Miranda-Agrippino; Oxford University John Williams; Federal Reserve Bank of New York |
| Presented by: Silvia Miranda-Agrippino, Oxford University |
| One Fed, Many Voices: Coordinated Communication vs. Transparent Debate |
| By Leonardo Melosi; EUI |
| Presented by: Leonardo Melosi, EUI |
| Fed Speak Indicators |
| By Sara Canilang; University of Minnesota Amy Handlan; Brown University Amanda Michaud; FRB-Minneapolis |
| Presented by: Amy Handlan, Brown University |
| Session 79: Banks, Non-Banks, and Monetary Economics July 3, 2026 12:00 to 13:30 |
| Session Chair: Adriano Fernandes, International Monetary Fund |
| Tax Compliance and Payment Methods |
| By Burak Uras; Williams College |
| Presented by: Burak Uras, Williams College |
| Bond funds risk taking and monetary policy |
| By Sofia Anyfantaki; European Central Bank Haris Giannakidis; Bank of Greece Dimitris Malliaropulos; Bank of Greece Petros Migiakis; Bank of Greece Filippos Petroulakis; Bank of Greece |
| Presented by: Petros Migiakis, Bank of Greece |
| Barriers to a European Banking Union |
| By Damien Capelle; International Monetary Fund Adriano Fernandes; International Monetary Fund J J Kruger; Imperial Peter McAdam; European Central Bank |
| Presented by: Adriano Fernandes, International Monetary Fund |
| Session 80: Expectations in Macro July 3, 2026 12:00 to 13:30 |
| Session Chair: Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi) |
| Inflation Expectations, Trust, and Information Sources: Global Evidence |
| By Francesco D'Acunto; Georgetown University Michael Weber; Purdue University |
| Presented by: Michael Weber, Purdue University |
| Mirrleesian Carbon Taxation with Uncertainty |
| By Alexandre Kohlhas; University of Oxford |
| Presented by: Alexandre Kohlhas, University of Oxford |
| Intertemporal pass-through |
| By Mishel Ghassibe; Centre de Recerca en Economia Internacio |
| Presented by: Mishel Ghassibe, Centre de Recerca en Economia Internacional (CREi) |
| Session 81: Firm and Ownership Dynamics July 3, 2026 12:00 to 13:30 |
| Session Chair: Federico Kochen, CEMFI |
| Why Hasn't the Equity Premium Fallen? Risk-Sharing, Firm Dynamics and Growth |
| By Joel David; Federal Reserve Bank of Chicago David Zeke; Federal Reserve Board of Governors |
| Presented by: Joel David, Federal Reserve Bank of Chicago |
| Firm Dynamics with Combative and Cooperative Knowledge Licensing |
| By Laurent Cavenaile; University of Toronto Murat Celik; University of Toronto Mark Rempel; University of Toronto Mehmet Simsek; University of Toronto |
| Presented by: Murat Celik, University of Toronto |
| Serial Entrepreneurship and the Dynamics of Ownership Teams |
| By Rafael Guntin; University of Rochester Federico Kochen; CEMFI Manuel Ruiz; CEMFI |
| Presented by: Federico Kochen, CEMFI |
| Session 82: Firms and Supply Chains July 3, 2026 12:00 to 13:30 |
| Session Chair: Alessandro Ferrari, Universitat Pompeu Fabra |
| Growing by Grafting |
| By Ezra Oberfield; Cornell University Esteban Rossi-Hansberg; University of Chicago Nicholas Trachter; Federal Reserve Bank of Richmond Derek Wenning; Indiana University Chen Yeh; Federal Reserve Bank of Richmond |
| Presented by: Ezra Oberfield, Cornell University |
| Supply Chain Risk, Trade and Economic Fragility |
| By Juanma Castro-Vincenzi; University of Chicago Adry Gracio; UT Austin Gaurav Khanna; University of California, San Diego Nitya Pandalai-Nayar; UT Austin |
| Presented by: Nitya Pandalai-Nayar, UT Austin |
| Specialization, Complexity and Resilience in Supply Chains |
| By Alessandro Ferrari; Universitat Pompeu Fabra Lorenzo Pesaresi; University of Zurich |
| Presented by: Alessandro Ferrari, Universitat Pompeu Fabra |
| Session 83: Firms, Innovation, and Growth July 3, 2026 12:00 to 13:30 |
| Session Chair: Marta Prato, Bocconi University |
| Spatial Concentration of Innovation over the (Very) Long Run |
| By Francisco Buera; Washington University St Louis Martin Kornejew; Bocconi University Yueran Ma; University of Chicago Ezra Oberfield; Cornell University Nicholas Trachter; Federal Reserve Bank of Richmond |
| Presented by: Yueran Ma, University of Chicago |
| Dynamic Oligopoly and Innovation |
| By Hugo Hopenhayn; University of California Los Angeles Koki Okumura; UCLA |
| Presented by: Hugo Hopenhayn, University of California Los Angeles |
| Business Drain: Aggregate Effects of Startup Relocation |
| By Clemens Domnick; European Commission Joint Research Centre Astrid Esparza Sanchez; Bocconi University Marta Prato; Bocconi University Stefan Weik; University of St. Gallen |
| Presented by: Marta Prato, Bocconi University |
| Session 84: Geography and Economic Mobility July 3, 2026 12:00 to 13:30 |
| Session Chair: Alexander Monge-Naranjo, Federal Reserve Bank of Atlanta and Emor |
| Debt, Drought, and Mobility: How Bankruptcy Institutions Shape Adjustment to Economic Shocks |
| By SUN KYOUNG LEE; University of Michigan Marta Santamaria; University of Warwick Claudia Steinwender; Ludwig Maximilian University of Munich |
| Presented by: SUN KYOUNG LEE, University of Michigan |
| Revisiting the Fertility Puzzle: A Dynamic Spatial Equilibrium Approach |
| By Costas Arkolakis; Yale University Jun Hee Kwak; Sogang University Jaemin Woo; Brown University Hyunjoo Yang; Sogang University |
| Presented by: Jun Hee Kwak, Sogang University |
| Geography and Intergenerational Mobility in Developing Countriese |
| By Alexander Ludwig; European University Institute, Goethe Un Alexander Monge-Naranjo; Federal Reserve Bank of Atlanta and Emor Nicolas Syrichas; Freie University of Berlin |
| Presented by: Alexander Monge-Naranjo, Federal Reserve Bank of Atlanta and Emor |
| Session 85: Inflation Dynamics and Firm Price Setting July 3, 2026 12:00 to 13:30 |
| Session Chair: Andres Blanco, Atlanta Fed and Emory University |
| Retail Inventories and Inflation Dynamics: The Price Margin Channel |
| By Neil Mehrotra; Federal Reserve Bank of Minneapolis Hyunseung Oh; Federal Reserve Board Julio Ortiz; Federal Reserve Board |
| Presented by: Hyunseung Oh, Federal Reserve Board |
| Sticky Prices for Inflationary Economies: A Tractable Linear Approximation to Menu Cost Models with Trend Inflation |
| By Jonathan Adams; Kansas City Fed |
| Presented by: Jonathan Adams, Kansas City Fed |
| Nonlinear Inflation Dynamics in Menu Cost Economies |
| By Andres Blanco; Atlanta Fed and Emory University Corina Boar; NYU Callum Jones; Federal Reserve Board Virgiliu Midrigan; New York University |
| Presented by: Andres Blanco, Atlanta Fed and Emory University |
| Session 86: International Risks and Bond Spreads July 3, 2026 12:00 to 13:30 |
| Session Chair: Zachary Stangebye, University of Notre Dame |
| U.S. Risk and Treasury Convenience |
| By Giancarlo Corsetti; European University Institute and CEPR Simon Phillip Lloyd; Bank of England Emile Marin; U.C. Davis Daniel Ostry; Bank of England |
| Presented by: Emile Marin, U.C. Davis |
| Dollar Liquidity Flows in Small-Open Economies |
| By Saki Bigio; UCLA Seungyub Han; Louisiana State University |
| Presented by: Seungyub Han, Louisiana State University |
| Risk-Aversion or Intertemporal Substitutability? Rethinking Emerging Market Debt Pricing |
| By Zachary Stangebye; University of Notre Dame Jing Zhang; Federal Reserve Bank of Chicago |
| Presented by: Zachary Stangebye, University of Notre Dame |
| Session 87: Matching Frictions and Job Amenities July 3, 2026 12:00 to 13:30 |
| Session Chair: Joaquin Garcia-Cabo, Federal Reserve Board |
| Private Preferences for Jobs and Labor Market Dynamics |
| By Martin Souchier; University of Pennsylvania Cedomir Malgieri; Arizona State University |
| Presented by: Martin Souchier, University of Pennsylvania |
| How Do Intermediaries Shape Labor Market Efficiency? An Equilibrium Model and Experimental Evidence |
| By Daniel Haanwinckel; UCLA Navdeep Sahni; Stanford University Caio Waisman; Northwestern University |
| Presented by: Daniel Haanwinckel, UCLA |
| The Labor Market Effects of Employment Flexibility |
| By Joaquin Garcia-Cabo; Federal Reserve Board |
| Presented by: Joaquin Garcia-Cabo, Federal Reserve Board |
| Session 88: Quantitative Macroeconomics July 3, 2026 12:00 to 13:30 |
| Session Chair: Juan Martin Morelli, Federal Reserve Bank of New York |
| A Quantitative Model of Bank Merger Dynamics |
| By Dean Corbae; University of Wisconsin Pablo D'Erasmo; FRB Philadelphia Charles Smith; University of Wisconsin-Madison |
| Presented by: Dean Corbae, University of Wisconsin |
| Credit Effects of Credit Card Interchange Fees |
| By Satyajit Chatterjee; Federal Reserve Bank of Philadelphia Burcu Eyigungor; Federal Reserve Bank of Philadelphia |
| Presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia |
| Welfare Costs of Credit Card Oligopoly |
| By Juan Martin Morelli; Federal Reserve Bank of New York Kyle Herkenhoff; University of Minnesota |
| Presented by: Juan Martin Morelli, Federal Reserve Bank of New York |
| Session 89: Risk-Sharing and Redistribution in OLG Models July 3, 2026 12:00 to 13:30 |
| Session Chair: Erzo Luttmer, University of Minnesota |
| Tax Design in the Presence of Parental Investments |
| By Iacopo Morchio ; University of Bristol Hakki Yazici; Bristol University |
| Presented by: Iacopo Morchio , University of Bristol |
| Optimal Redistribution with Government Debt |
| By Facundo Piguillem; EIEF Kirill Shakhnov; University of Surrey |
| Presented by: Kirill Shakhnov, University of Surrey, Alfaisal University |
| A Stochastic Bubble Forest |
| By Amol Amol; Ashoka University Erzo Luttmer; University of Minnesota |
| Presented by: Erzo Luttmer, University of Minnesota |
| Session 90: Sovereign Debt Structure July 3, 2026 12:00 to 13:30 |
| Session Chair: Francisco Roldan, International Monetary Fund |
| Debt maturity in the 18th century: Were consols optimal? |
| By Satyajit Chatterjee; Federal Reserve Bank of Philadelphia Michael Dotsey; Federal Reserve Bank of Philadelphia Grey Gordon; FRB of Richmond |
| Presented by: Grey Gordon, FRB of Richmond |
| Corrupted Defaults |
| By Karol Mazur; Peking University |
| Presented by: Karol Mazur, Peking University |
| The Perils of Bilateral Sovereign Debt |
| By Francisco Roldan; International Monetary Fund Cesar Sosa-Padilla; University of Notre Dame |
| Presented by: Francisco Roldan, International Monetary Fund |
| Session 91: AI and Innovation July 3, 2026 15:00 to 16:30 |
| Session Chair: David Argente, Yale University |
| Beyond Exposure: Predicting AI Adoption Based on Comparative Advantage |
| By Ilse Lindenlaub; Yale University Ryungha Oh; University of Chicago Laura Veldkamp; Columbia University |
| Presented by: Ilse Lindenlaub, Yale University |
| Winners and Losers: Competition, Creative Destruction, and Labor Income Risk |
| By Brice Green; MIT Leonid Kogan; Massachusetts Institute of Technology Dimitris Papanikolaou; Northwestern University Lawrence Schmidt; Massachusetts Institute of Technology |
| Presented by: Dimitris Papanikolaou, Northwestern University |
| From Code to Composition: Personalized Recommendation and Product Innovation |
| By David Argente; Yale University Maria Trejos; Yale University Diana Van Patten; Yale University Kai Hao Yang; Yale University |
| Presented by: David Argente, Yale University |
| Session 92: Business Cycle Amplification and Asymmetry July 3, 2026 15:00 to 16:30 |
| Session Chair: Yaniv Yedid-Levi, Reichman University (IDC Herzliya) |
| Inflation Plucking Cycles |
| By Oskar Juul; Copenhagen Business School Peter Lihn Jørgensen; Copenhagen Business School |
| Presented by: Peter Lihn Jørgensen, Copenhagen Business School |
| A Theory of Business Cycle Asymmetries |
| By Keshav Dogra; Federal Reserve Bank of New York |
| Presented by: Keshav Dogra, Federal Reserve Bank of New York |
| The Anatomy of Amplification: A Frisch-System Approach to Shock Transmission |
| By Marlon Azinovic-Yang; University of North Carolina at Chapel Hill Nir Jaimovich; UCSD Itay Saporta-Eksten; University of Manchester Yaniv Yedid-Levi; Reichman University (IDC Herzliya) |
| Presented by: Yaniv Yedid-Levi, Reichman University (IDC Herzliya) |
| Session 93: Financial Frictions and Crises in Open Economies July 3, 2026 15:00 to 16:30 |
| Session Chair: Aliaksandr Zaretski, University of Surrey |
| Macroprudential Policy with Firm Heterogeneity |
| By Emilio Zaratiegui; Bank of England |
| Presented by: Emilio Zaratiegui, Bank of England |
| Entwined Risks: Sovereign Default, Bank Failures and Economic Activity |
| By Luigi Falasconi; University of Pennsylvania Andrew Hannon; European Central Bank Caterina Mendicino; European Central Bank Enrique Mendoza; University of Pennsylvania |
| Presented by: Enrique Mendoza, University of Pennsylvania |
| Managing Financial Crises |
| By Gianluca Benigno; HEC- University of Lausanne Alessandro Rebucci; Johns Hopkins University Aliaksandr Zaretski; University of Surrey |
| Presented by: Aliaksandr Zaretski, University of Surrey |
| Session 94: Growth in a Warming World II July 3, 2026 15:00 to 16:30 |
| Session Chair: Thibault Ingrand, |
| Homework in Climate Economics: Household Production, Environmental Preferences, and Climate Policy |
| By Stephie Fried; Federal Reserve Bank of San Francisco David Lagakos; Boston University Hannah Rhodenhiser; Boston University |
| Presented by: Stephie Fried, Federal Reserve Bank of San Francisco |
| Persistent Temperature, Capital Structure, and the Long-Run Level of Output |
| By Ha Nguyen; International Monetary Fund |
| Presented by: Ha Nguyen, International Monetary Fund |
| Balancing Growth in a Warming World |
| By Thibault Ingrand Diego Känzig; Northwestern University Adrien Bilal; Stanford University |
| Presented by: Thibault Ingrand, |
| Session 95: Human Capital Accumulation and Education July 3, 2026 15:00 to 16:30 |
| Session Chair: Oksana Leukhina, FRB-St Louis |
| College Majors and Skill Mismatch in Labour Markets: A General Equilibrium Approach |
| By Michelle Petersen Rendall; Monash University Satoshi Tanaka; University of Queensland Yi Zhang; University of Queensland |
| Presented by: Satoshi Tanaka, University of Queensland |
| Educational Competition, Mental Health, and the Allocation of Human Capital: A Macroeconomic Analysis |
| By Lichen Zhang; University of Hong Kong |
| Presented by: Lichen Zhang, University of Hong Kong |
| Expanding College Access |
| By Lutz Hendricks; UNC Chapel Hill Tatyana Koreshkova; Concordia University Oksana Leukhina; FRB-St Louis |
| Presented by: Oksana Leukhina, FRB-St Louis |
| Session 96: Inflation, Monetary Shocks, and Heterogeneous Households July 3, 2026 15:00 to 16:30 |
| Session Chair: Kunal Sangani, Northwestern University |
| Inflation and the distribution of real income |
| By Nir Jaimovich; Univeristy of California, San Diego Fabrizio Perri; federal reserve bank of minneapolis Nicolas Vincent; HEC Montreal |
| Presented by: Fabrizio Perri, federal reserve bank of minneapolis |
| Monetary Shocks and Labor Income Risk with a Billion Observations |
| By Mario Giarda; Banco Central de Chile Ignacio Rojas; Central Bank of Chile Sergio Salgado; The Wharton School, University of Pennsy |
| Presented by: Mario Giarda, Banco Central de Chile |
| Cheapflation Cycles |
| By Kunal Sangani; Northwestern University |
| Presented by: Kunal Sangani, Northwestern University |
| Session 97: Information Networks and Knowledge Spillovers July 3, 2026 15:00 to 16:30 |
| Session Chair: Luigi Paciello, EIEF |
| Innovation Spillovers Along the Supply Chain |
| By Tasaneeya Viratyosin; University of Pennsylvania |
| Presented by: Tasaneeya Viratyosin, University of Pennsylvania |
| Micro Shocks and Macro Fluctuations in the Information Network |
| By Zhen Huo; Yale University Minghao Li; Peking University Jieran Wu; Zhejiang University Huan Xiong; Harbin Institute of Technology |
| Presented by: Minghao Li, Peking University |
| Who Talks? Disclosure and Price Inference in Production Networks |
| By Luigi Paciello; EIEF Vincenzo Cuciniello; Bank of Italy |
| Presented by: Luigi Paciello, EIEF |
| Session 98: Investment Frictions July 3, 2026 15:00 to 16:30 |
| Session Chair: Peter Zorn, LMU Munich |
| Aggregate Demand and Irreversible Investment |
| By Lintong Li; Peking University |
| Presented by: Lintong Li, Peking University |
| Incomplete Information and Irreversible Investment |
| By Jonathan Adams; Kansas City Fed Cheng Chen; Clemson University Min Fang; University of Florida Takahiro Hattori; University of Tokyo Eugenio Rojas; University of Florida |
| Presented by: Min Fang, University of Florida |
| The Nature of Capital Expenditures over the Business Cycle |
| By Ruediger Bachmann; University of Michigan Lea Best; ifo Institute Munich Peter Zorn; LMU Munich |
| Presented by: Peter Zorn, LMU Munich |
| Session 99: Long-run Development July 3, 2026 15:00 to 16:30 |
| Session Chair: Nicholas Trachter, Federal Reserve Bank of Richmond |
| A Theory of Long-run Development with Capital |
| By Nick Pretnar; University of California, Santa Barbara Akos Valentinyi; University of Manchester |
| Presented by: Nick Pretnar, University of California, Santa Barbara |
| When to Push? Market Forces, Government Intervention, and the Optimal Timing of Industrial Policy |
| By Xuewen Liu; The University of Hong Kong Jianhuan Xu; Singapore Management University |
| Presented by: Xuewen Liu, The University of Hong Kong |
| Big Push in Distorted Economies |
| By Francisco Buera; Washington University St Louis Hugo Hopenhayn; University of California Los Angeles Yongseok Shin; Washington University in St. Louis Nicholas Trachter; Federal Reserve Bank of Richmond |
| Presented by: Nicholas Trachter, Federal Reserve Bank of Richmond |
| Session 100: Labor Market Power and Monopsony I July 3, 2026 15:00 to 16:30 |
| Session Chair: Paulina Restrepo-Echavarria, Federal Reserve Bank of St Louis |
| Employment Relationships, Wage Setting, and Labor Market Power |
| By Francesco Agostinelli; University of Pennsylvania Domenico Ferraro; Arizona State University Giuseppe Sorrenti; University of Lausanne Leonard Treuren; KU Leuven |
| Presented by: Domenico Ferraro, Arizona State University |
| A Model of Monopsony Consistent with Business-Cycle Facts |
| By Karl Harmenberg; University of Oslo Erik Öberg; Uppsala University Maria Olsson; BI Norwegian Business School |
| Presented by: Maria Olsson, BI Norwegian Business School |
| 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 101: Macroeconometrics July 3, 2026 15:00 to 16:30 |
| Session Chair: Christian Wolf, University of Chicago |
| Government-directed R&D and Innovation: Evidence from NASA Budget Requests |
| By Amy Handlan; Brown University Ethan Ilzetzki; London School of Economics Reka Juhasz; UBC |
| Presented by: Ethan Ilzetzki, London School of Economics |
| Robust Dynamic Causal Analysis |
| By Domenico Giannone; Johns Hopkins University Michele Lenza; European Central Bank and CEPR Giorgio Primiceri; Northwestern University |
| Presented by: Domenico Giannone, Johns Hopkins University |
| Identifying Policy Causal Effects from Rule Changes |
| By Edward Manuel; LSE Christian Wolf; MIT |
| Presented by: Christian Wolf, University of Chicago |
| Session 102: Market Power and Markups July 3, 2026 15:00 to 16:30 |
| Session Chair: Zachary Bethune, Rice University |
| Markups and Marginal Cost over the Firm Life |
| By Klaus Adam; University of Mannheim Tobias Renkin; Danmarks Nationalbank Gabriel Züllig; Swiss National Bank |
| Presented by: Gabriel Züllig, Swiss National Bank |
| The Spatial Distribution of Markups |
| By Jonathan Becker; New York University Chris Edmond; NA Virgiliu Midrigan; New York University Daniel Xu; Duke |
| Presented by: Jonathan Becker, New York University |
| Consumer Search, Market Power, and the Distributional Effects of Inflation |
| By Zachary Bethune; Rice University Shihan Shen; Rice University |
| Presented by: Zachary Bethune, Rice University |
| Session 103: Spatial Allocations and Efficiency July 3, 2026 15:00 to 16:30 |
| Session Chair: Elena Aguilar, Princeton University |
| Universities, Spatial Misallocation, and Growth |
| By Santiago Caicedo; Northeastern University Xiao Ma; Peking University Yiran Zhang; Fudan University |
| Presented by: Santiago Caicedo, Northeastern University |
| Efficiency In Space |
| By Treb Allen; Dartmouth Costas Arkolakis; Yale University Xiangliang Li; Nankai University |
| Presented by: Xiangliang Li, Nankai University |
| Credit Constraints, Learning, and Spatial Misallocation |
| By Elena Aguilar; Princeton University |
| Presented by: Elena Aguilar, Princeton University |
| Session 104: Supply Chains and International Transmission July 3, 2026 15:00 to 16:30 |
| Session Chair: Maximilian Weiß, University of Tübingen |
| Supply Chain Recessions |
| By George Alessandria; University of Rochester Shafaat Khan; Syracuse University Armen Khederlarian; Hunter College (CUNY) Carter Mix; Federal Reserve Board of Governors Kim Ruhl; UW - Madison |
| Presented by: Shafaat Khan, Syracuse University |
| The Macroeconomic Effects of Global Supply Chain Shocks |
| By Lapo Bini; University of California, San Diego |
| Presented by: Lapo Bini, University of California, San Diego |
| Why Do Supply Disruptions Lead to Inflation, While Demand Booms Do Not? |
| By Thomas Kohler; Bochum University of Applied Sciences Jean-Paul L'Huillier; Brandeis University Gregory Phelan; Williams College Maximilian Weiß; University of Tübingen |
| Presented by: Maximilian Weiß, University of Tübingen |
| Session 105: The Allocation and Accumulation of Capital July 3, 2026 15:00 to 16:30 |
| Session Chair: Juan Herreno, University of California, San Diego |
| Optimal Household Financial Portfolios |
| By Anmol Bhandari; University of Minnesota Mikhail Golosov; University of Chicago Judy Hue; U of Chicago |
| Presented by: Anmol Bhandari, University of Minnesota |
| Capital Slack |
| By Isaac Baley; Universitat Pompeu Fabra Miguel Bandeira; Insper Andres Blanco; Atlanta Fed and Emory University Laura Castillo-Martinez; Duke University Madalena Gaspar; Universitat Pompeu Fabra Nicolás Oviedo; Universitat Pompeu Fabra |
| Presented by: Madalena Gaspar, Universitat Pompeu Fabra |
| Household portfolios in developing economies |
| By Fernando Cirelli; Columbia University Juan Herreno; University of California, San Diego Noémie Pinardon-Touati; Columbia University |
| Presented by: Juan Herreno, University of California, San Diego |
| Session 106: Bank Competition, Concentration, and Capital Requirements July 3, 2026 17:00 to 18:30 |
| Session Chair: Sergio Villalvazo, Federal Reserve Board |
| Bank Concentration and Reserve Concentration: New Measures and Monetary Policy Implications |
| By Russell Wong; Federal Reserve Bank of Richmond Mengbo Zhang; Shanghai University of Finance and Econo |
| Presented by: Russell Wong, Federal Reserve Bank of Richmond |
| Depositor Inertia and Deposit Market Power |
| By Yu Yi; Nankai University Shengxing Zhang; Carnegie Mellon University Ying Zhou; City University of Hong Kong |
| Presented by: Ying Zhou, City University of Hong Kong |
| The Welfare Effects of Bank Liquidity and Capital Requirements |
| By Skander Van den Heuvel; Federal Reserve Board Sergio Villalvazo; Federal Reserve Board |
| Presented by: Sergio Villalvazo, Federal Reserve Board |
| Session 107: Cost Shocks and Monetary Policy July 3, 2026 17:00 to 18:30 |
| Session Chair: Albert Queralto, Federal Reserve Board |
| When Do Persistent Supply Shocks Call for Hawkishness? |
| By Stephane Dupraz; Banque de France |
| Presented by: Stephane Dupraz, Banque de France |
| What Was the Fed Thinking? Monetary Policy with Supply Constraints |
| By Diego Comin; Dartmouth College Robert Johnson; University of Notre Dame Callum Jones; Federal Reserve Board |
| Presented by: Callum Jones, Federal Reserve Board |
| Optimal Monetary Policy Under Higher Tariffs |
| By Martin Bodenstein; Federal Reserve Board Pablo Cuba-Borda Albert Queralto; Federal Reserve Board Ricardo Reyes-Heroles; Federal Reserve Bank of Dallas Immo Schott; Federal Reserve Board |
| Presented by: Albert Queralto, Federal Reserve Board |
| Session 108: Entrepreneurship July 3, 2026 17:00 to 18:30 |
| Session Chair: Ia Vardishvili, Auburn University |
| The Household Origins of Entrepreneurship: the Role of Spousal Skill Complementarity |
| By Seho Kim; Danmarks Nationalbank Yi Liu; The Hong Kong Polytechnic University Eugene Oue; Shandong University |
| Presented by: Seho Kim, Danmarks Nationalbank |
| Serial Entrepreneurship: Rethinking Top Wealth Dynamics |
| By Alexandre Gaillard; Brown University Sumudu Kankanamge; Le Mans University Ozgur Karabulut; Le Mans University (GAINS-TEPP) Hoang Nguyen; Brown University |
| Presented by: Sumudu Kankanamge, Le Mans University |
| Born Different: Entrepreneurship through Inventor Mobility, Innovation, and Growth |
| By Salome Baslandze; Federal Reserve Bank of Atlanta Ia Vardishvili; Auburn University |
| Presented by: Ia Vardishvili, Auburn University |
| Session 109: Fertility, Family Formation, and Labor Supply July 3, 2026 17:00 to 18:30 |
| Session Chair: Lidia Cruces De Sousa, Goethe University Frankfurt |
| Parental Leave Policies, Fertility, and Labor Supply |
| By Daisoon Kim; North Carolina State University Minchul Yum; Virginia Commonwealth University |
| Presented by: Minchul Yum, Virginia Commonwealth University |
| A Quantitative Theory of Single Motherhood and Household Income Inequality |
| By Adam Blandin; Vanderbilt Christopher Herrington; Virginia Commonwealth University Emily Moschini; William & Mary |
| Presented by: Christopher Herrington, Virginia Commonwealth University |
| Misreading the Biological Clock: Beliefs, Career and Fertility Decisions |
| By Lidia Cruces De Sousa; Goethe University Frankfurt Francesco Saverio Lenzi; European University Institute Alexander Ludwig; European University Institute, Goethe Un Virginia Sánchez-Marcos; Universidad de Cantabria Raul Santaeulalia-Llopis; NYU Abu Dhabi, UAB, BSE and CEPR |
| Presented by: Lidia Cruces De Sousa, Goethe University Frankfurt |
| Session 110: Firm Dynamics and Economic Growth July 3, 2026 17:00 to 18:30 |
| Session Chair: Liangjie Wu, Einaudi Institute for Economics and Finance |
| The Value of Organizational Learning Technologies |
| By Martin Beraja; UC Berkeley Eduard Talamas; IESE Business School |
| Presented by: Eduard Talamas, IESE Business School |
| Firm Dynamics and Growth with Soft Budget Constraints |
| By Philippe Aghion; LSE Antonin Bergeaud; HEC Paris Mathias Dewatripont; Université Libre de Bruxelles (Solvay Brussels School and ECARES) Johannes Matt; The London School of Economics |
| Presented by: Johannes Matt, The London School of Economics |
| The Life Cycle of the Labor Share |
| By Liangjie Wu; Einaudi Institute for Economics and Finance |
| Presented by: Liangjie Wu, Einaudi Institute for Economics and Finance |
| Session 111: Firms and Labor Markets July 3, 2026 17:00 to 18:30 |
| Session Chair: Hugo Lhuillier, Columbia University |
| Individual Wage Dynamics, Continuous Firm Types and Path Dependence |
| By Jean-Marc Robin; Sciences Po |
| Presented by: Jean-Marc Robin, Sciences Po |
| Sectoral Labor Market Equilibrium |
| By Michael Elsby; University of Edinburgh Axel Gottfries; University of Edinburgh Ryan Michaels; Federal Reserve Bank of Philadelphia |
| Presented by: Axel Gottfries, University of Edinburgh |
| Job stability and earnings inequality |
| By Adrien Bilal; Stanford University Joerg Heining; Institute for Employment Research Hugo Lhuillier; Columbia University Johannes Schmieder; Boston University |
| Presented by: Hugo Lhuillier, Columbia University |
| Session 112: Fiscal Multipliers July 3, 2026 17:00 to 18:30 |
| Session Chair: Jonathon Hazell, London School of Economics |
| The Military Multiplier |
| By Ralph Luetticke; University Tuebingen Gernot Mueller; University of Tuebingen |
| Presented by: Gernot Mueller, University of Tuebingen |
| Fiscal multipliers in globally solved HANK model with |
| By Jeppe Druedahl; University of Copenhagen Raphaël Huleux; KU Jacob Røpke; University of Copenhagen |
| Presented by: Jeppe Druedahl, University of Copenhagen |
| The Macroeconomic Effect of Stimulus Checks: Evidence from Postwar Veterans’ Payments |
| By Jonathon Hazell; London School of Economics Diego Kaenzig; Northwestern University Ed Manuel; London School of Economics |
| Presented by: Jonathon Hazell, London School of Economics |
| Session 113: Fiscal Narratives and Inflation Narratives July 3, 2026 17:00 to 18:30 |
| Session Chair: Tao Wang, Bank of Canada |
| From Binary to Graded Narrative Identification: Evidence from Tax Policy |
| By Tom Pesso; Universitat Pompeu Fabra |
| Presented by: Tom Pesso, Universitat Pompeu Fabra |
| Fiscal Narratives and Inflation |
| By Sarah Arndt; European Central Bank Farah Tohme; Goethe University |
| Presented by: Farah Tohme, Goethe University |
| Inflation Drivers in Firms’ Words: LLM-Based Factor Analysis of Firm Pricing |
| By Tao Wang; Bank of Canada |
| Presented by: Tao Wang, Bank of Canada |
| Session 114: Heterogeneous Portfolios and Wealth Inequality July 3, 2026 17:00 to 18:30 |
| Session Chair: Julian Kozlowski, Federal Reserve Bank of St. Louis |
| Private Innovation and Wealth Inequality |
| By Mehran Ebrahimian; Stockholm School of Economics Alexander Ljungqvist; Stockholm School of Economics |
| Presented by: Mehran Ebrahimian, Stockholm School of Economics |
| Income Inequality and the Rise of Risky Capital |
| By Andrej Mijakovic; University of Mannheim |
| Presented by: Andrej Mijakovic, University of Mannheim |
| Heterogeneous Returns and Portfolio Composition: A Life-Cycle Model Meets U.S. Data |
| By Diego Daruich; USC Marshall Julian Kozlowski; Federal Reserve Bank of St. Louis |
| Presented by: Julian Kozlowski, Federal Reserve Bank of St. Louis |
| Session 115: Information Aggregation and Market Signals July 3, 2026 17:00 to 18:30 |
| Session Chair: Pooya Molavi, Northwestern |
| (In)efficiency in Information Acquisition and Aggregation through Prices |
| By Alessandro Pavan; Northwestern University Savitar Sundaresan; Imperial College London Xavier Vives; IESE Business School |
| Presented by: Xavier Vives, IESE Business School |
| Market Signals and the Effects of Nominal Disturbances |
| By Ryan Chahrour; Cornell University Kyle Jurado; Duke University |
| Presented by: Kyle Jurado, Duke University |
| Learning and the emergence of nonlinearity in financial markets |
| By Ian Dew-Becker; Federal Reserve Bank of Chicago Stefano Giglio; Yale University Pooya Molavi; Northwestern |
| Presented by: Pooya Molavi, Northwestern |
| Session 116: Labor Market Dynamics July 3, 2026 17:00 to 18:30 |
| Session Chair: Marianna Kudlyak, Federal Reserve Bank of San Francisco |
| Why Do Americans No Longer Work So Much More Than Non-Americans? |
| By Serdar Birinci; St. Louis Fed Loukas Karabarbounis; University of Minnesota Kurt Gerrard See; National University of Singapore |
| Presented by: Loukas Karabarbounis, University of Minnesota |
| Search Models of the Business Cycle: Towards a New Synthesis |
| By Patrick Kehoe; Stanford University Pierlauro Lopez; Federal Reserve Bank of Cleveland Virgiliu Midrigan; New York University Elena Pastorino; Stanford University |
| Presented by: Pierlauro Lopez, Federal Reserve Bank of Cleveland |
| Heterogeneous Labor Market Dynamics over Time |
| By Mark Bognanni; Federal Reserve Board Robert Hall; STANFORD UNIVERSITY Marianna Kudlyak; Federal Reserve Bank of San Francisco David Wiczer; Federal Reserve Bank of Atlanta |
| Presented by: Marianna Kudlyak, Federal Reserve Bank of San Francisco |
| Session 117: Liquidity, Payments, and Financial Technology July 3, 2026 17:00 to 18:30 |
| Session Chair: Wei Cui, University College London |
| Intraday Liquidity Management and the Value of Flexibility |
| By Stefan Gissler; Federal Reserve Board Borghan Nezami Narajabad; Federal Reserve Board |
| Presented by: Borghan Nezami Narajabad, Federal Reserve Board |
| Financial Technologies, Labor Markets, and Wage Inequality: Evidence from Instant Payment Systems |
| By Carlos Burga; Pontificia Universidad Católica de Chile Jacelly Cespedes; University of Minnesota Carlos Parra; Pontificia Universidad Católica de Chile Bernardo Ricca; Insper Institute of Education and Research |
| Presented by: Carlos Burga, Pontificia Universidad Católica de Chile |
| On the Optimal Level of Stablecoins |
| By Wei Cui; University College London Jianjun Miao; Zhejiang University Yu Zhu; Renmin University of China |
| Presented by: Wei Cui, University College London |
| Session 118: Macroeconomics in a Warming World July 3, 2026 17:00 to 18:30 |
| Session Chair: Adrien Bilal, Stanford University |
| Emissions-Adjusted Productivity |
| By Maarten De Ridder; London School of Economics |
| Presented by: Maarten De Ridder, London School of Economics |
| Green Development |
| By Jose-Luis Cruz; Federal Reserve Bank of New York |
| Presented by: Jose-Luis Cruz, Federal Reserve Bank of New York |
| Global Temperature and Global Mortality |
| By Adrien Bilal; Stanford University Diego Känzig; Northwestern University Krzysztof Lisiecki; Stanford University |
| Presented by: Adrien Bilal, Stanford University |
| Session 119: On De Minimis Regimes and Tariff Wars July 3, 2026 17:00 to 18:30 |
| Session Chair: Diana Van Patten, Yale University |
| Tariff Wars and Net Foreign Assets |
| By Mark Aguiar; Princeton University Manuel Amador; University of Minnesota and Federal Rese Doireann Fitzgerald; Federal Reserve Bank of Minneapolis |
| Presented by: Doireann Fitzgerald, Federal Reserve Bank of Minneapolis |
| The Value of De Minimis Imports |
| By Pablo Fajgelbaum; UCLA Amit Khandelwal; Yale |
| Presented by: Amit Khandelwal, Yale |
| De Minimis as a Constraint on Local Retail Market Power |
| By David Argente; Yale University Esteban Méndez-Chacón; Central Bank of Costa Rica Diana Van Patten; Yale University |
| Presented by: Diana Van Patten, Yale University |
| Session 120: Reserve and Dominant Currencies July 3, 2026 17:00 to 18:30 |
| Session Chair: Pablo Neumeyer, Universidad Di Tella |
| Dominant Currency Pricing and Currency Risk Premia |
| By Husnu Dalgic; University of Mannheim |
| Presented by: Husnu Dalgic, University of Mannheim |
| Geopolitics and the Payment Demand for Reserve: Theory and Evidence from China and U.S. |
| By Russell Wong; Federal Reserve Bank of Richmond Mengbo Zhang; Shanghai University of Finance and Econo |
| Presented by: Mengbo Zhang, Shanghai University of Finance and Econo |
| The US Dollar (1971-1973): A Cascade of Balance of Payments Crises |
| By Patricio Goldstein; Columbia University Pablo Neumeyer; Universidad Di Tella |
| Presented by: Pablo Neumeyer, Universidad Di Tella |
| Session 121: Micro and Macro of Labor Markets July 4, 2026 10:00 to 11:30 |
| Session Chair: Sadhika Bagga, University of Rochester |
| Voluntary Wage Cuts without Amenities |
| By Katarina Borovickova; Federal Reserve Bank of Richmond Robert Shimer; University of Chicago |
| Presented by: Robert Shimer, University of Chicago |
| No-Poaching Agreements in Labor Markets |
| By Gregor Jarosch; Duke |
| Presented by: Gregor Jarosch, Duke |
| A Theory of Congestion and Rising Unemployment Durations |
| By Sadhika Bagga; University of Rochester Lukas Mann; Princeton University |
| Presented by: Sadhika Bagga, University of Rochester |
| Session 122: Firms and Product Markets July 4, 2026 10:00 to 11:30 |
| Session Chair: Marta Morazzoni, University College London |
| Firm Specialization Vs Diversification |
| By Anmol Bhandari; University of Minnesota Sanhitha Jugulum; Columbia University Laura Veldkamp; Columbia University Venky Venkateswaran; New York University |
| Presented by: Venky Venkateswaran, New York University |
| License to Ease: Competition and Monetary Policy Interaction |
| By Antoine Camous; Banque de France Basile Grassi; Università Bocconi Milano Matteo Samarani; Bocconi University |
| Presented by: Basile Grassi, Università Bocconi Milano |
| Niche Demand, Firm Size and Profitability |
| By Marta Morazzoni; University College London Lukas Nord; University of Pennsylvania |
| Presented by: Marta Morazzoni, University College London |
| Session 123: AI and Policy July 4, 2026 10:00 to 11:30 |
| Session Chair: Chen Lian, UC Berkeley |
| AI and the Pipeline of Junior Workers |
| By Hassan Afrouzi; Columbia University Andres Blanco; Atlanta Fed and Emory University Andres Drenik; University of Texas at Austin Erik Hurst; University of Chicago |
| Presented by: Erik Hurst, University of Chicago |
| Past Automation and Future A.I.: How Weak Links Tame the Growth Explosion |
| By Charles Jones; Stanford University Christopher Tonetti; Stanford GSB |
| Presented by: Christopher Tonetti, Stanford GSB |
| The Macroeconomic Effect of AI: Sizing the Software Engineering Channel |
| By Alex Blumenfeld; University of California, Berkeley Jonathon Hazell; London School of Economics Chen Lian; UC Berkeley Andreas Schaab; UC Berkeley |
| Presented by: Chen Lian, UC Berkeley |
| Session 124: Risk and Uncertainty in Trade and Spatial Models July 4, 2026 10:00 to 11:30 |
| Session Chair: Fernando Leibovici, Federal Reserve Bank of St. Louis |
| Endogenous Transfer Networks Under Spatial Risk |
| By Christina Qiu |
| Presented by: Christina Qiu, |
| Comparative Advantage and Economies of Scale under Uncertainty |
| By Xiao Ma; Peking University Natalia Ramondo; Boston University |
| Presented by: Xiao Ma, Peking University |
| Trade Risk and Food Security |
| By Tasso Adamopoulos; York University Fernando Leibovici; Federal Reserve Bank of St. Louis |
| Presented by: Fernando Leibovici, Federal Reserve Bank of St. Louis |
| Session 125: Macro Theory July 4, 2026 10:00 to 11:30 |
| Session Chair: Karthik Sastry, Princeton University |
| Strategic Avoidance and Dynamic Inconsistency |
| By Martin Jensen; University of Nottingham |
| Presented by: Martin Jensen, University of Nottingham |
| Selection and Sorting of Heterogeneous Firms through Competitive Pressures |
| By Kiminori Matsuyama; Northwestern University Philip Ushchev; Universite Libre de Bruxelles |
| Presented by: Philip Ushchev, Universite Libre de Bruxelles |
| Organizational Targets in General Equilibrium |
| By Joel Flynn; Yale George Nikolakoudis; University of Chicago Karthik Sastry; Princeton University |
| Presented by: Karthik Sastry, Princeton University |
| Session 126: Propagation in Production Networks July 4, 2026 10:00 to 11:30 |
| Session Chair: Danial Lashkari, FRB NY |
| Putty-Clay Production Networks |
| By Christian vom Lehn; Brigham Young University Thomas Winberry; University of Pennsylvania |
| Presented by: Christian vom Lehn, Brigham Young University |
| Endogenous Plucking Through Networks: The Plucking Paradox |
| By Hanbaek Lee; Faculty of Economics, University of Cambridge Ye Sun; University of Cambridge |
| Presented by: Ye Sun, University of Cambridge |
| The Dynamic Aggregate Effects of Sectoral Shocks: When Does the Tail Wag the Dog? |
| By Paul Ho; Federal Reserve Bank of Richmond Danial Lashkari; FRB NY Pierre-Daniel Sarte; Federal Reserve Bank of Richmond |
| Presented by: Danial Lashkari, FRB NY |
| Session 127: Bank Heterogeneity and Credit Transmission July 4, 2026 10:00 to 11:30 |
| Session Chair: Benjamin Malin, Federal Reserve Bank of Minneapolis |
| HBANK: Monetary Policy with Heterogeneous Banks |
| By Tommaso Monacelli; Bocconi University |
| Presented by: Tommaso Monacelli, Bocconi University |
| Precautionary Pricing, Dispersion, and Pass-through in Loan Markets |
| By Kyle Dempsey; The Ohio State University Miguel Faria-e-Castro; Federal Reserve Bank of St. Louis Jeongwoo Moon; Bank of Canada |
| Presented by: Kyle Dempsey, The Ohio State University |
| Geography of Banks and Regional Effects of Monetary Policy |
| By Cristina Arellano; Federal Reserve Bank of Minneapolis Benjamin Malin; Federal Reserve Bank of Minneapolis |
| Presented by: Benjamin Malin, Federal Reserve Bank of Minneapolis |
| Session 128: Financial Crises and Stress Tests July 4, 2026 10:00 to 11:30 |
| Session Chair: Deepal Basak, Kelley School of Business, Indiana University |
| The Global Credit Cycle |
| By Nina Boyarchenko; Federal Reserve Bank of New York Leonardo Elias; Federal Reserve Bank of New York |
| Presented by: Leonardo Elias, Federal Reserve Bank of New York |
| Regional Financial Crises |
| By Joseph Hoon; National University of Singapore Chang Liu; National University of Singapore Karsten Mueller; NUS Business School Jonathan Payne; Princeton University Zhongxi Zheng; National University of Singapore |
| Presented by: Zhongxi Zheng, National University of Singapore |
| Frequent Stress Tests |
| By Deepal Basak; Indiana University |
| Presented by: Deepal Basak, Kelley School of Business, Indiana University |
| Session 129: Inequality in Open Economies July 4, 2026 10:00 to 11:30 |
| Session Chair: Petros Varthalitis, athens university of economics and business |
| Social Insurance in an Open Economy: Tariffs vs. Redistributive Taxation |
| By German Cubas; University of Houston Mehedi Hasan Oni; University of Arkansas Pedro Silos; Temple University |
| Presented by: German Cubas, University of Houston |
| The Role of Industries in Rising Inequality |
| By Juraj Briskar; LSE Rafael Lopes de Melo; University of Edinburgh Edoardo Di Porto; INPS Jose V. Rodriguez Mora; University of Edinburgh Cristina Tealdi; Heriot-Watt University |
| Presented by: Jose V. Rodriguez Mora, University of Edinburgh |
| Global Intangible Capital and Inequality: A Two Country Heterogeneous Agents Framework |
| By Spyridon Lazarakis; Lancaster University Petros Varthalitis; athens university of economics and business |
| Presented by: Petros Varthalitis, athens university of economics and business |
| Session 130: Research, Knowledge, and Economic Growth July 4, 2026 10:00 to 11:30 |
| Session Chair: Titan Alon, University of California, San Diego |
| Self-Selection and the Diminishing Returns of Research |
| By Lorenz Ekerdt; U.S. Census Burea, Center for Economic Studies Kai-Jie Wu; Pennsylvania State University |
| Presented by: Kai-Jie Wu, Pennsylvania State University |
| Economic Growth when Knowledge is Concentrated |
| By Andrea Guccione; CEMFI Pau Roldan-Blanco; Universitat Autònoma de Barcelona and B |
| Presented by: Pau Roldan-Blanco, Universitat Autònoma de Barcelona and B |
| The Direction of University Research and Teaching |
| By Titan Alon; University of California, San Diego Damien Capelle; International Monetary Fund Kazushige Matsuda; Keio University |
| Presented by: Titan Alon, University of California, San Diego |
| Session 131: Within-Household Decision Making July 4, 2026 10:00 to 11:30 |
| Session Chair: Sara Casella, Luiss University, EIEF |
| Co-Parenting and Careers after Divorce |
| By Katarina Kuske; Bocconi University |
| Presented by: Katarina Kuske, Bocconi University |
| Private Information in the Family |
| By Suzanne Bellue; CREST Matthias Doepke; London School of Economics and Political Science Michèle Tertilt; University of Mannheim |
| Presented by: Suzanne Bellue, CREST |
| Income Pooling and Within-Household Risk Sharing: Evidence from Data on Individual Expenditures |
| By Fabio Blasutto; Université Libre de Bruxelles Sara Casella; Luiss University, EIEF Luigi Ventura; Sapienza, University Rome |
| Presented by: Sara Casella, Luiss University, EIEF |
| Session 132: Income Taxation July 4, 2026 10:00 to 11:30 |
| Session Chair: Paweł Doligalski, University of Bristol |
| Tax Design with Transition |
| By Musab Kurnaz; University of North Carolina at Charlott Christopher Sleet; University of Rochester |
| Presented by: Musab Kurnaz, University of North Carolina at Charlott |
| Practical Optimal Income Taxation |
| By Jonathan Heathcote; Federal Reserve Bank of Minneapolis Hitoshi Tsujiyama; Surrey |
| Presented by: Hitoshi Tsujiyama, Surrey |
| Taxing Incomes when Income Risk is Endogenous |
| By Paweł Doligalski; University of Bristol |
| Presented by: Paweł Doligalski, University of Bristol |
| Session 133: Heterogeneous Agent New Keynesian Models July 4, 2026 10:00 to 11:30 |
| Session Chair: Krisztina Molnar, Norwegian School of Economics (NHH) |
| Monetary and Fiscal Policy in a Mental Accounting HANK |
| By Jaime Gimeno-Ribes; Universitat Pompeu Fabra |
| Presented by: Jaime Gimeno-Ribes, Universitat Pompeu Fabra |
| Being and Consciousness: Fiscal Attitudes According to HANK |
| By Fabian Seyrich; Frankfurt School |
| Presented by: Fabian Seyrich, Frankfurt School |
| HANKSSON |
| By Krisztina Molnar; Norwegian School of Economics (NHH) |
| Presented by: Krisztina Molnar, Norwegian School of Economics (NHH) |
| Session 134: Demand Shocks and Monetary Policy July 4, 2026 10:00 to 11:30 |
| Session Chair: Cristina Manea, Bank for International Settlements |
| The Power of Persistence |
| By Fabrice Collard; Toulouse School of Economics Patrick FEVE; TSE Philipp Wangner; University of Mannheim |
| Presented by: Patrick FEVE, TSE |
| Tradeoffs for the poor, divine coincidence for the rich |
| By Donggyu Lee; Federal Reserve Bank of New York Marco Del Negro; Federal Reserve Bank of New York Keshav Dogra; Federal Reserve Bank of New York |
| Presented by: Donggyu Lee, Federal Reserve Bank of New York |
| Targeted Taylor rules: Some Evidence and Theory |
| By Boris Hofmann; Bank for International Settlements Cristina Manea; Bank for International Settlements Benoit Mojon; Bank of International Settlements |
| Presented by: Cristina Manea, Bank for International Settlements |
| Session 135: Taxation and Insurance in Heterogeneous Agent Environments July 4, 2026 10:00 to 11:30 |
| Session Chair: Mi Luo, Peking University |
| Tax Progressivity, Performance Pay, and Search Frictions |
| By Arpad Abraham; Bristol University Pawel Doligalski Susanne Forstner; Institute for Advanced Studies (IHS) Vie Philipp Gruebener; Washington University in St. Louis |
| Presented by: Arpad Abraham, Bristol University |
| The Insurance Value of Public Insurance Against Idiosyncratic Income Risk |
| By Christopher Busch; Ludwig-Maximilian-University Munich Rocio Madera; Southern Methodist University |
| Presented by: Christopher Busch, Ludwig-Maximilian-University Munich |
| Non-Stationary Wealth Dynamics and Taxation in the U.S.: With an Application to the Racial Wealth Gap |
| By Jess Benhabib; NYU Alberto Bisin; New York University Mi Luo; Peking University |
| Presented by: Mi Luo, Peking University |
| Session 136: Bank Credit Supply and Loan Markets July 4, 2026 12:00 to 13:30 |
| Session Chair: Felicia Ionescu, Federal Reserve Board |
| Bank to Non-Bank Lending and the Reallocation of Credit |
| By Jian Li; Columbia University Yiming Ma; Columbia Business School Caterina Mendicino; European Central Bank Dominik Supera; Columbia Business School |
| Presented by: Caterina Mendicino, European Central Bank |
| Banking Relationships and Loan Pricing Disconnect |
| By Francesco Beraldi; Duke University |
| Presented by: Francesco Beraldi, Duke University |
| Bank Credit Supply: Measurement and Aggregate Implications |
| By Kyle Dempsey; The Ohio State University David Glancy; Federal Reserve Board Felicia Ionescu; Federal Reserve Board |
| Presented by: Felicia Ionescu, Federal Reserve Board |
| Session 137: Demographic Differences in Labor Markets July 4, 2026 12:00 to 13:30 |
| Session Chair: Katarina Borovickova, Federal Reserve Bank of Richmond |
| The Entry of Women and Firms' Monopsony Power |
| By Niklas Engbom; New York University |
| Presented by: Niklas Engbom, New York University |
| The Game of Life: An Economic Model of Gaming, Employment, and Family Formation |
| By Effrosyni Adamopoulou; Deutsche Bundesbank, ZEW, University of Mannheim and CEPR Tiago Cavalcanti; University of Cambridge Jeremy Greenwood; University of Pennsylvania Cezar Santos; Inter-American Development Bank |
| Presented by: Effrosyni Adamopoulou, Deutsche Bundesbank, ZEW, University of Mannheim and CEPR |
| Racial and Gender Differences in School-College-Career Paths |
| By Katarina Borovickova; Federal Reserve Bank of Richmond Alessia Leibert; Minnesota Department of Employment and Economic Development Anusha Nath; Federal Reserve Bank of Minneapolis |
| Presented by: Katarina Borovickova, Federal Reserve Bank of Richmond |
| Session 138: Family and Individual Career Dynamics July 4, 2026 12:00 to 13:30 |
| Session Chair: Rocio Madera, Southern Methodist University |
| The Hidden Demand for Flexibility - A Theory of Gendered Employment Dynamics |
| By Maria Frech; Toulouse School of Economics |
| Presented by: Maria Frech, Toulouse School of Economics |
| Flexible Work, Occupational Constraints, and the Dynamics of Female Labor Supply |
| By Sara Casella; Luiss University, EIEF Kieran Larkin; Stockholm University Megha Patnaik; Università LUISS |
| Presented by: Kieran Larkin, Stockholm University |
| Individual Careers and Household Income Inequality |
| By Christopher Busch; Ludwig-Maximilian-University Munich Fane Groes; Copenhagen Business School Rocio Madera; Southern Methodist University |
| Presented by: Rocio Madera, Southern Methodist University |
| Session 139: Household Finance and the Macroeconomy July 4, 2026 12:00 to 13:30 |
| Session Chair: Fernando Cirelli, Columbia University |
| Estimating the Elasticity of Intertemporal Substitution using Dividend Tax News |
| By Martin Holm; University of Oslo Rustam Jamilov; University of Oxford Marek Jasinski; Statistics Norway Plamen Nenov; Norges Bank |
| Presented by: Martin Holm, University of Oslo |
| Demographic Trends and Asset Prices |
| By Nuno Coimbra; Banque de France Francisco Gomes; London Business School Alex Michaelides; Imperial College London Jialu Shen; Fudan University |
| Presented by: Francisco Gomes, London Business School |
| What Makes Depositors Tick? Bank Data Insights into Households' Liquid Asset Allocation |
| By Fernando Cirelli; Columbia University Arna Olafsson; Copenhagen Business School |
| Presented by: Fernando Cirelli, Columbia University |
| Session 140: Housing Affordability and Mobility July 4, 2026 12:00 to 13:30 |
| Session Chair: Natalia Kovrijnykh, Arizona State University |
| Spatial Mobility and the Macroeconomic Effects of Housing Policy |
| By Jacob Shepard; Virginia Commonwealth University |
| Presented by: Jacob Shepard, Virginia Commonwealth University |
| Residency Rights, Migration, and the Housing Affordability Trade-off |
| By Carlos Garriga; Federal Reserve Bank of St. Louis Yang Tang; Nanyang Technological University |
| Presented by: Yang Tang, Nanyang Technological University |
| Eviction Regime Severity and Household Formation |
| By Natalia Kovrijnykh; Arizona State University Igor Livshits; Federal Reserve Bank of Philadelphia Jacob Shepard; Virginia Commonwealth University |
| Presented by: Natalia Kovrijnykh, Arizona State University |
| Session 141: Human Capital and Development July 4, 2026 12:00 to 13:30 |
| Session Chair: Bipul Verma, University of Minnesota |
| Human Capital, Skill-biased Technical Change, and Structural Transformation |
| By Lei Fang; Federal Reserve Bank of Atlanta T. Terry Cheung; Academia Sinica |
| Presented by: Lei Fang, Federal Reserve Bank of Atlanta |
| Universities and the Rise of Services |
| By Chang Liu; National University of Singapore Kohei Takeda; National University of Singapore |
| Presented by: Chang Liu, National University of Singapore |
| Higher Education and Economic Development: Evidence from College Expansion in India |
| By Bipul Verma; University of Minnesota |
| Presented by: Bipul Verma, University of Minnesota |
| Session 142: Inequality, Mobility, and Redistribution July 4, 2026 12:00 to 13:30 |
| Session Chair: Sergio Ocampo-Diaz, University of Western Ontario |
| Catastrophic Equilibria with Uncertainty and Endogenous Labor Productivity |
| By Albert Marcet; IAE-CSIC Francesc Obiols-Homs; Universitat Autonoma de Barcelona, BSE, MOVE |
| Presented by: Francesc Obiols-Homs, Universitat Autonoma de Barcelona, BSE, MOVE |
| The Politics of Social Security in Ageing Societies |
| By Manuel Macera; Universidad Torcuato Di Tella Pablo Neumeyer; Universidad Di Tella |
| Presented by: Manuel Macera, Universidad Torcuato Di Tella |
| Beyond Ranks: Inequality in the Measurement of Mobility |
| By Rory McGee; University of Western Ontario Sergio Ocampo-Diaz; University of Western Ontario |
| Presented by: Sergio Ocampo-Diaz, University of Western Ontario |
| Session 143: Information Frictions and Price-Setting July 4, 2026 12:00 to 13:30 |
| Session Chair: Davud Rostam-Afschar, University of Mannheim |
| Dynamic Pricing under Information Frictions: Evidence from Firm-level Subjective Expectations |
| By Luca Gagliardone; Yale University Joris Tielens; National Bank of Belgium |
| Presented by: Luca Gagliardone, Yale University |
| The Causal Effects of Heterogeneous Expectation Formation in General Equilibrium |
| By Alistair Macaulay; University of Surrey |
| Presented by: Alistair Macaulay, University of Surrey |
| Which Macroeconomic News Matters for Price-Setting? |
| By Lukas Hack; University of Mannheim Davud Rostam-Afschar; University of Mannheim |
| Presented by: Davud Rostam-Afschar, University of Mannheim |
| Session 144: Labor Markets and Inflation July 4, 2026 12:00 to 13:30 |
| Session Chair: Joao Guerreiro, UCLA and the Federal Reserve Bank of Min |
| Wage Growth and Business Cycles: New Estimates |
| By Shigeru Fujita; Federal Reserve Bank of Philadelphia Giuseppe Moscarini; Yale University |
| Presented by: Giuseppe Moscarini, Yale University |
| Wage Rigidity within the Firm |
| By Effrosyni Adamopoulou; University of Mannheim Andres Blanco; Atlanta Fed and Emory University Andres Drenik; University of Texas at Austin Claudio Michelacci; EIEF |
| Presented by: Andres Drenik, University of Texas at Austin |
| Grease or Grit? Optimal Inflation with Labor Market Conflict |
| By Joao Guerreiro; UCLA & Minneapolis Fed Joe Hazell; London School of Economics Chen Lian; UC Berkeley Christina Patterson; University of Chicago, Booth School of B |
| Presented by: Joao Guerreiro, UCLA and the Federal Reserve Bank of Min |
| Session 145: Monetary Policy and Firm Heterogeneity July 4, 2026 12:00 to 13:30 |
| Session Chair: Florin Bilbiie, University of Cambridge |
| Monetary Policy Under Multiple Financing Constraints |
| By Ander Perez-Orive; Federal Reserve Board Yannick Timmer; Federal Reserve Board Alejandro Van der Ghote; European Central Bank |
| Presented by: Yannick Timmer, Federal Reserve Board |
| Ramsey Optimal Inflation with Heterogeneous Firms |
| By Anton Nakov; European Central Bank Henning Weber; Bundesbank |
| Presented by: Henning Weber, Bundesbank |
| Supply Shocks in a Heterogeneous-Firm New Keynesian Model: The Entry Multiplier |
| By Florin Bilbiie; University of Cambridge Marc Melitz; Harvard University |
| Presented by: Florin Bilbiie, University of Cambridge |
| Session 146: Monetary-Fiscal Interactions I July 4, 2026 12:00 to 13:30 |
| Session Chair: Gaston Chaumont, University of Rochester |
| Monetary Unions and Fiscal Federalism |
| By Rafael Berriel; Stanford University Eugenia Gonzalez-Aguado; Toulouse School of Economics Patrick Kehoe; Stanford University Elena Pastorino; Stanford University |
| Presented by: Patrick Kehoe, Stanford University |
| What Does It Take? Quantifying Cross-Country Transfers in the Eurozone |
| By YiLi Chien; Federal Reserve Bank of St. Louis Zhengyang Jiang; Northwestern University and NBER Matteo Leombroni; Boston College Hanno Lustig; Stanford University |
| Presented by: YiLi Chien, Federal Reserve Bank of St. Louis |
| Accounting for Credibility: Fiscal-Monetary Interactions and the Credibility of Central Bank Mandates |
| By Luigi Bocola; Stanford University Gaston Chaumont; University of Rochester Alessandro Dovis; University of Pennsylvania Rishabh Kirpalani; University of Wisconsin |
| Presented by: Gaston Chaumont, University of Rochester |
| Session 147: Sovereign Default Risk July 4, 2026 12:00 to 13:30 |
| Session Chair: Manuel Amador, University of Minnesota and Federal Rese |
| Liquidity, Default Risk, and the Information Sensitivity of Government Debt |
| By Stelios Fourakis; Johns Hopkins University |
| Presented by: Stelios Fourakis, Johns Hopkins University |
| Climate Policy and Sovereign Default Risk |
| By jafet baca obando; Emory University Givi Melkadze; Georgia State University Vivian Yue; Emory University |
| Presented by: Vivian Yue, Emory University |
| Sovereign Swaps and Sovereign Default: Fundamental versus Rollover Risk |
| By Mark Aguiar; Princeton University Manuel Amador; University of Minnesota and Federal Rese |
| Presented by: Manuel Amador, University of Minnesota and Federal Rese |
| Session 148: Technological Transitions July 4, 2026 12:00 to 13:30 |
| Session Chair: John Grigsby, Princeton University |
| REGIONAL CONVERGENCE AND AGGREGATE GROWTH |
| By Michael Peters; Yale University Florian Trouvain; University of Oxford |
| Presented by: Michael Peters, Yale University |
| Firm Organization and Export-Led Growth: How Korean Business Groups Scaled the Global Market |
| By Jaedo Choi; University of Texas at Austin Younghun Shim; International Monetary Fund Yongseok Shin; Washington University in St. Louis |
| Presented by: Yongseok Shin, Washington University in St. Louis |
| The Labor Market Consequences of Rapid Sectoral Shifts |
| By John Grigsby; Princeton University Nathan Zorzi; Dartmouth College |
| Presented by: John Grigsby, Princeton University |
| Session 149: The Macroeconomics of AI July 4, 2026 12:00 to 13:30 |
| Session Chair: Anastasios Karantounias, University of Surrey |
| Data, Power and Emissions: The Environmental Cost of AI |
| By Alessandra Bonfiglioli; University of Bergamo Rosario Crinò; Università degli Studi di Bergamo Mattia Filomena; University of Bergamo Gino Gancia; University of Milan, Bicocca |
| Presented by: Gino Gancia, University of Milan, Bicocca |
| Will AI Adoption Intensify or Weaken Market Competition? |
| By Hamid Firooz; North Carolina State University Sylvain Leduc; San Francisco Fed Zheng Liu; Federal Reserve Bank of San Francisco |
| Presented by: Sylvain Leduc, San Francisco Fed |
| Optimal Taxation in the Age of AI Uncertainty |
| By Anastasios Karantounias; University of Surrey Radek Paluszynski; University of Houston Pei Cheng Yu; University of New South Wales |
| Presented by: Anastasios Karantounias, University of Surrey |
| Session 150: The Spatial Allocation of Labor July 4, 2026 12:00 to 13:30 |
| Session Chair: Agostina Brinatti, University of Chicago |
| Skills, Occupational Choice, and Unemployment in the Global Economy |
| By Maximiliano Dvorkin; Federal Reserve Bank of St. Louis |
| Presented by: Maximiliano Dvorkin, Federal Reserve Bank of St. Louis |
| Sex and the City-Size Earnings Premium |
| By Jordan Rosenthal-Kay; Federal Reserve Bank of San Francisco Caleb Wroblewski; University of California, Berkeley |
| Presented by: Jordan Rosenthal-Kay, Federal Reserve Bank of San Francisco |
| The International Price of Remote Work |
| By Agostina Brinatti; University of Chicago |
| Presented by: Agostina Brinatti, University of Chicago |
| Session 151: Computational Methods for Intractable Problems July 4, 2026 15:00 to 16:30 |
| Session Chair: Piotr Zoch, University of Warsaw |
| Deep Learning in the Sequence Space |
| 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 |
| Recursive contracts in non-convex environments |
| By Felix Kubler; University of Zurich Chengfeng Shen; Peking University Zhennan Zhou; Westlake University |
| Presented by: Felix Kubler, University of Zurich |
| Dimension Reduction for Asset Demand |
| By Yu-Ting Chiang; Federal Reserve Bank of St. Louis Harris Dellas; University of Bern Harald Uhlig; University of Chicago Piotr Zoch; University of Warsaw |
| Presented by: Piotr Zoch, University of Warsaw |
| Session 152: Corporate Finance and Aggregate Dynamics July 4, 2026 15:00 to 16:30 |
| Session Chair: Miguel H. Ferreira, Queen Mary University of London |
| Policy-supported Debt, Capital Structure, and Aggregate Productivity |
| By Angelos Alexopoulos; Athens University of Economics and Business Alexandros Fakos; ITAM Matteo Gatti; European Investment Bank Plutarchos Sakellaris; Athens University of Economics and Business |
| Presented by: Plutarchos Sakellaris, Athens University of Economics and Business |
| Leasing, Pecuniary Externality, and Aggregate Efficiency |
| By Kai Li; Peking University and Tsinghua University Yicheng Wang; Peking University Yiming Xu; Peking University |
| Presented by: Yicheng Wang, Peking University |
| Dry Firms, Deep Recessions: Corporate Payouts and Aggregate Dynamics |
| By Miguel H. Ferreira; Queen Mary University of London Timo Haber; De Nederlandsche Bank Hanbaek Lee; Faculty of Economics, University of Cambridge |
| Presented by: Miguel H. Ferreira, Queen Mary University of London |
| Session 153: Exchange Rates July 4, 2026 15:00 to 16:30 |
| Session Chair: Yu-Ting Chiang, Federal Reserve Bank of St. Louis |
| Exchange Rate Disconnect and the Trade Balance |
| By Martin Bodenstein; Federal Reserve Board Pablo Cuba-Borda; Federal Reserve Board Nils Goernemann; Federal Reserve Board Ignacio Presno; Federal Reserve Board |
| Presented by: Ignacio Presno, Federal Reserve Board |
| Exchange Rate Pass-Through, Capital Flows, and Monetary Autonomy |
| By Olivier Wang; New York University William Witheridge; University of Maryland |
| Presented by: William Witheridge, University of Maryland |
| Sufficient Statistics for Exchange Rate Policy |
| 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 154: Expectations and the Business Cycle July 4, 2026 15:00 to 16:30 |
| Session Chair: Miguel Santana, Bank of Canada |
| Consumers' Attention to Monetary Policy: The Importance of Having "Skin in the Game" |
| By Ina Hajdini; Federal Reserve Bank of Cleveland Edward Knotek; Federal Reserve Bank of Cleveland James Mitchell; Federal Reserve Bank of Cleveland Mathieu Pedemonte; Inter American Development Bank Taylor Shiroff; Federal Reserve Bank of Cleveland |
| Presented by: Edward Knotek, Federal Reserve Bank of Cleveland |
| Why Does Firm Uncertainty Rise in Recessions? |
| By Ruediger Bachmann; University of Michigan Kai Carstensen; University of Kiel Manuel Menkhoff; University of Copenhagen and ifo Institute Martin Schneider; Stanford University |
| Presented by: Manuel Menkhoff, University of Copenhagen and ifo Institute |
| Behavioral Expectations |
| By Miguel Santana; Bank of Canada |
| Presented by: Miguel Santana, Bank of Canada |
| Session 155: Firm Dynamics and the Macroeconomy July 4, 2026 15:00 to 16:30 |
| Session Chair: Seula Kim, Penn State University |
| Uncertainty and Firm Dynamics |
| By Galina Vereshchagina; Arizona State University |
| Presented by: Galina Vereshchagina, Arizona State University |
| The Bang for the Buck: Firm Heterogeneity and the Aggregate Impact of R&D Incentives |
| By Petr Sedlacek; University of New South Wales |
| Presented by: Petr Sedlacek, University of New South Wales |
| Ideas and Firm Dynamics When It Takes Two To Tango |
| By Seula Kim; Penn State University Jane Olmstead-Rumsey; London School of Economics Honghao Wang; Kellogg school of Management Northwestern University |
| Presented by: Seula Kim, Penn State University |
| Session 156: Heterogeneity, Fiscal Policy, and Macro Stabilization July 4, 2026 15:00 to 16:30 |
| Session Chair: Philipp Wangner, University of Mannheim |
| The Great Leveler According to HANK |
| By Ralph Luetticke; University Tuebingen Timothy Meyer; University of Bonn Gernot Mueller; University of Tuebingen Moritz Schularick; Sciences Po Paris |
| Presented by: Ralph Luetticke, University Tuebingen |
| Inflation vs Inclusion: Stabilization Policy in the Wake of the Pandemic |
| By Felipe Alves; Bank of Canada Giovanni Violante; Princeton University |
| Presented by: Felipe Alves, Bank of Canada |
| Inequality, Business Cycles, and Growth: A Unified Approach to Fiscal Stabilization Policies |
| By Alexandre Gaillard; Brown University Philipp Wangner; University of Mannheim |
| Presented by: Philipp Wangner, University of Mannheim |
| Session 157: Income Risk, Insurance, and Welfare July 4, 2026 15:00 to 16:30 |
| Session Chair: Marlena Eley, University of Wisconsin, Madison |
| Labor Market Dynamics after Cost-of-Living Shocks |
| By Yannick Reichlin; Bocconi University |
| Presented by: Yannick Reichlin, Bocconi University |
| Time-Varying Risk Premia, Firm Insurance, and Endogenous Labor Income Risk |
| By Maarten Meeuwis; Washington University in St. Louis Dimitris Papanikolaou; Northwestern University Lawrence Schmidt; Massachusetts Institute of Technology |
| Presented by: Maarten Meeuwis, Washington University in St. Louis |
| The Importance of Countercyclical Income Risk for the Welfare Costs of Business Cycles |
| By J. Carter Braxton; University of Wisconsin Marlena Eley; University of Wisconsin, Madison Shannon Sledz; University of Wisconsin - Madison |
| Presented by: Marlena Eley, University of Wisconsin, Madison |
| Session 158: Labor Market Power and Monopsony II July 4, 2026 15:00 to 16:30 |
| Session Chair: Edoardo Maria Acabbi, University of Mannheim |
| Monopsony with Recruiting |
| By Birthe Larsen; Copenhagen Business School Justin Bloesch; Cornell University Anders Yding; University of California, Berkeley |
| Presented by: Birthe Larsen, Copenhagen Business School |
| Identifying Labor Market Power: A Quasi-Experimental Approach |
| By Joao Galindo da Fonseca; University of Montreal |
| Presented by: Joao Galindo da Fonseca, University of Montreal |
| The Worker and Firm Components of Monopsony |
| By Edoardo Maria Acabbi; University of Mannheim Andrea Alati; Bank of England Francesco Del Prato; Aarhus University |
| Presented by: Edoardo Maria Acabbi, University of Mannheim |
| Session 159: Macro Consequences of an Aging Population July 4, 2026 15:00 to 16:30 |
| Session Chair: Makoto Nakajima, Federal Reserve Bank of Philadelphia |
| Population Aging, Firms, and Worker Composition |
| By Santiago Caicedo; Northeastern University cheng chen; Clemson University Aspen Gorry; Clemson University Takahiro Hattori; University of Tokyo |
| Presented by: cheng chen, Clemson University |
| The Fiscal Cost of Aging in a Developing Country with Informality |
| By David Perez-Reyna; Universidad de los Andes Andres Zambrano; World Bank |
| Presented by: David Perez-Reyna, Universidad de los Andes |
| Aging Society and Job Polarization |
| By Oksana Leukhina; FRB-St Louis Makoto Nakajima; Federal Reserve Bank of Philadelphia |
| Presented by: Makoto Nakajima, Federal Reserve Bank of Philadelphia |
| Session 160: Macro Public Finance July 4, 2026 15:00 to 16:30 |
| Session Chair: Paolo Martellini, New York University |
| Dilution vs. Risk Taking: Capital Gains Taxes and Entrepreneurship |
| By Eduardo Azevedo; University of Pennsylvania Florian Scheuer; University of Zurich Kent Smetters; University of Pennsylvania Min Yang; University of Zurich, Swiss Finance Institute |
| Presented by: Florian Scheuer, University of Zurich |
| Dynamic Mirrlees Taxation with Non-separable Preferences |
| By Christian Hellwig; Toulouse School of Economics |
| Presented by: Christian Hellwig, Toulouse School of Economics |
| Redistributing Peer Effects |
| By Paolo Martellini; New York University Ezra Oberfield; Cornell University |
| Presented by: Paolo Martellini, New York University |
| Session 161: Nominal Rigidities and Production Networks July 4, 2026 15:00 to 16:30 |
| Session Chair: Francesco Zanetti, Oxford University |
| Fast for Some, Slow for Others: The Transmission of Cost Shocks in Multi-Sector Economies |
| By Bjarne Horst; University of Mannheim |
| Presented by: Bjarne Horst, University of Mannheim |
| Inflation Inattention on the Production Network: Firm-Level Evidence and Macro Implications |
| By Rafael Gonçalves; Princeton University Ina Hajdini; Federal Reserve Bank of Cleveland |
| Presented by: Rafael Gonçalves, Princeton University |
| Keynesian Micromanagement |
| By Mishel Ghassibe; Centre de Recerca en Economia Internacio Francesco Zanetti; Oxford University |
| Presented by: Francesco Zanetti, Oxford University |
| Session 162: Sectoral Composition, Reallocation, and Macro Dynamics July 4, 2026 15:00 to 16:30 |
| Session Chair: Immo Schott, Federal Reserve Board |
| External and Internal Markets for Managers |
| By Gabriel Toledo; Purdue University |
| Presented by: Gabriel Toledo, Purdue University |
| Discretionary Spending is the Cycle, and Why it Matters for Monetary Policy |
| By Michele Andreolli; Boston College Natalie Rickard; Bank of England Paolo Surico; London Business School Chiara Vergeat; London Business School |
| Presented by: Chiara Vergeat, London Business School |
| Who Built the Service Economy? |
| By Immo Schott; Federal Reserve Board Vladimir Smirnyagin; University of Virginia |
| Presented by: Immo Schott, Federal Reserve Board |
| Session 163: Supply Chains and Energy Prices July 4, 2026 15:00 to 16:30 |
| Session Chair: Le Xu, Shanghai Jiao Tong University |
| Critical Minerals, Geopolitics, and the Green Transition |
| By Tomas Domínguez-Iino |
| Presented by: Tomas Domínguez-Iino, University of Chicago |
| Network Amplification of Carbon Price Shocks |
| By Diego Känzig; Northwestern University Mathias Klein; Sveriges Riksbank Valentin Schubert; Sveriges Riksbank |
| Presented by: Mathias Klein, Sveriges Riksbank |
| Charting the Uncharted: The (Un)Intended Consequences of Oil Sanctions and Dark Shipping |
| By Yiliang Li; UIBE Le Xu; Shanghai Jiao Tong University Francesco Zanetti; Oxford University |
| Presented by: Le Xu, Shanghai Jiao Tong University |
| Session 164: Tariff Policy July 4, 2026 15:00 to 16:30 |
| Session Chair: Roozbeh Hosseini, University of Georgia |
| Optimal Tariffs under Geopolitical Risk: A Theory of Strategic De-risking |
| By Ahmad Lashkaripour; Indiana University Ina Simonovska; UC Davis |
| Presented by: Ina Simonovska, UC Davis |
| Optimal Tariffs and Trade Dynamics |
| By George Alessandria; University of Rochester Shafaat Khan; Syracuse University Carter Mix; Federal Reserve Board of Governors |
| Presented by: George Alessandria, University of Rochester |
| Tariff Policy with an Exorbitant Privilege |
| By David Andolfatto; University of Miami Roozbeh Hosseini; University of Georgia |
| Presented by: Roozbeh Hosseini, University of Georgia |
| Session 165: Text-Based Macro Measurement July 4, 2026 15:00 to 16:30 |
| Session Chair: Matteo Iacoviello, Federal Reserve Board |
| AI Meets Fiscal Policy: Mapping Government Spending Actions Across 64 Countries |
| By Davide Furceri; International Monetary Fund Nikhil Patel; IMF Adrian Peralta-Alva; International Monetary Fund |
| Presented by: Adrian Peralta-Alva, International Monetary Fund |
| Unpacking commodity price fluctuations: reading the news to understand inflation |
| By Dimitris Malliaropulos; Bank of Greece Evgenia Passari; Université Paris Dauphine - PSL Filippos Petroulakis; Bank of Greece |
| Presented by: Filippos Petroulakis, Bank of Greece |
| Quantifying Deregulation and its Economic Effects: A Large Language Model Approach |
| By Danilo Cascaldi-Garcia; Federal Reserve Board Matteo Iacoviello; Federal Reserve Board |
| Presented by: Matteo Iacoviello, Federal Reserve Board |
| Session 166: Corporate Debt, Maturity, and Capital Structure July 4, 2026 17:00 to 18:30 |
| Session Chair: Alexandros Fakos, ITAM |
| The Evolution of the Corporate Bond Market: A Theoretical Analysis |
| By Mahyar Kargar; University of Illinois Urbana-Champaign Benjamin Lester; Federal Reserve Bank of Philadelphia Semih Uslu; Johns Hopkins University Pierre Olivier Weill; UNIV OF CALIFORNIA-LOS ANGELES |
| Presented by: Benjamin Lester, Federal Reserve Bank of Philadelphia |
| Maturity Walls |
| By Philip Coyle; Study Center Gerzensee |
| Presented by: Philip Coyle, Study Center Gerzensee |
| Asset-market frictions, capital structure, and aggregate productivity |
| By Alexandros Fakos; ITAM |
| Presented by: Alexandros Fakos, ITAM |
| Session 167: Demographic Differences in Wages July 4, 2026 17:00 to 18:30 |
| Session Chair: Cristiano Mantovani, University of Melbourne |
| Household Search and the Equilibrium Gender Pay Gap |
| By Alessandro Di Nola; University of Birmingham Leo Kaas; European University Institute Chiara Lacava; University of Naples Federico II Haomin Wang; University of Cardiff |
| Presented by: Leo Kaas, European University Institute |
| Home Bias and the Gender Wage Gap |
| By Miren Azkarate-Askasua; University of Mannheim Christian Hellwig; Toulouse School of Economics Miguel Zerecero; University of California Irvine |
| Presented by: Miren Azkarate-Askasua, University of Mannheim |
| Hours Constraints and the Stalling Gender Gap |
| By Cristiano Mantovani; University of Melbourne Xincheng Qiu; Peking University |
| Presented by: Cristiano Mantovani, University of Melbourne |
| Session 168: Exchange Rate Policy in Emerging Markets July 4, 2026 17:00 to 18:30 |
| Session Chair: Gaston Navarro, Federal Reserve Bank of Richmond |
| Trade-Based Quasi-Fiscal Devaluations |
| By Marcos Mac Mullen; Federal Reserve Board Roman Merga; International Monetary Fund |
| Presented by: Roman Merga, International Monetary Fund |
| On the Optimality of Inflation Targeting in Emerging Markets |
| By Andres Fernandez; International Monetary Fund Carlos Rondon Moreno; Central Bank of Chile Stephanie Schmitt-Grohe; Columbia University Martin Uribe; Columbia University |
| Presented by: Andres Fernandez, International Monetary Fund |
| The Distributional Consequences of Nominal Exchange Rate Depreciations: Theory and Evidence |
| By Mario Giarda; Banco Central de Chile Gaston Navarro; Federal Reserve Bank of Richmond |
| Presented by: Gaston Navarro, Federal Reserve Bank of Richmond |
| Session 169: Firms, Customers, and Competition July 4, 2026 17:00 to 18:30 |
| Session Chair: Salvatore Lo Bello, Bank of Italy |
| International Trade with Efficient Imperfect Competition |
| By Guido Menzio; New York University |
| Presented by: Guido Menzio, New York University |
| From Relative Prices to Aggregate Inflation |
| By Andres Blanco; Atlanta Fed and Emory University Corina Boar; NYU Callum Jones; Federal Reserve Board Virgiliu Midrigan; New York University |
| Presented by: Corina Boar, NYU |
| Innovation and Competition in Production Networks |
| By Joachim Hubmer; University of Pennsylvania Salvatore Lo Bello; Bank of Italy Claudio Michelacci; EIEF Lukas Nord; University of Pennsylvania |
| Presented by: Salvatore Lo Bello, Bank of Italy |
| Session 170: Growth in a Warming World I July 4, 2026 17:00 to 18:30 |
| Session Chair: Noémie Pinardon-Touati, Columbia University |
| Pushed Into the Heat: Skill Sorting, Agriculture, and Temperature in Developing Countries |
| By Jonathan Colmer; University of Virginia Ishan Nath Tommaso Porzio; Columbia University Federico Rossi; University of Warwick |
| Presented by: Federico Rossi, University of Warwick |
| The Social Cost of Carbon with Existential Risk |
| By Eric Donald; University of Pittsburgh |
| Presented by: Eric Donald, University of Pittsburgh |
| Growth, Firm Scale, and the Energy Intensity of Production |
| By Kathryn McDonald; Columbia University Noémie Pinardon-Touati; Columbia University Conor Walsh; Columbia University |
| Presented by: Noémie Pinardon-Touati, Columbia University |
| Session 171: Identification in Empirical Macroeconomics II July 4, 2026 17:00 to 18:30 |
| Session Chair: Jonas Arias, Federal Reserve Bank of Philadelphia |
| Inference for Macroeconomic Policy Counterfactuals |
| By Daniel Lewis; University College London Utso Pal Mustafi; CEMFI |
| Presented by: Utso Pal Mustafi, Frankfurt School of Finance & Management |
| Missing Intercept, Biased Slope: Identification in General Equilibrium |
| By Ed Manuel |
| Presented by: Ed Manuel, |
| Are Fiscal Transfers Inflationary? |
| By Jonas Arias; Federal Reserve Bank of Philadelphia Juan Rubio-Ramirez; Emory Minchul Shin; Federal Reserve Bank of Philadelphia |
| Presented by: Jonas Arias, Federal Reserve Bank of Philadelphia |
| Session 172: Innovation and Growth July 4, 2026 17:00 to 18:30 |
| Session Chair: Jean-Félix Brouillette, HEC Montréal |
| Innovation, Technology Standardization and the Value of the Firm |
| By Riccardo Zago; Banque de France/College de France |
| Presented by: Riccardo Zago, Banque de France/College de France |
| The Public Origins of American Innovation |
| By Andrea Gazzani; Bank of Italy Joseba Martinez; London Business School Filippo Natoli Paolo Surico; London Business School |
| Presented by: Joseba Martinez, London Business School |
| Resetting the Innovation Clock: Endogenous Growth through Technological Turnover |
| By Philippe Aghion; LSE Antonin Bergeaud; HEC Paris Timo Boppart; Stockholm University Jean-Félix Brouillette; HEC Montréal |
| Presented by: Jean-Félix Brouillette, HEC Montréal |
| Session 173: Interest Rates and Public Debt July 4, 2026 17:00 to 18:30 |
| Session Chair: Francois Gourio, Federal Reserve Bank of Chicago |
| The Role of Dispersed Information in Maintaining Low Interest Rates |
| By Marco Bassetto; Federal Reserve Bank of Minneapolis Carlo Galli; Univ. Carlos III de Madrid Jason Hall; University of Minnesota |
| Presented by: Marco Bassetto, Federal Reserve Bank of Minneapolis |
| Low risk-free rates and intertemporal arbitrage |
| By Marlon Azinovic-Yang; University of North Carolina at Chapel Hill Harold Cole; University of Pennsylvania Felix Kubler; University of Zurich |
| Presented by: Marlon Azinovic-Yang, University of North Carolina at Chapel Hill |
| The Third Mandate |
| By Francois Gourio; Federal Reserve Bank of Chicago |
| Presented by: Francois Gourio, Federal Reserve Bank of Chicago |
| Session 174: International Macro July 4, 2026 17:00 to 18:30 |
| Session Chair: Laura Castillo-Martinez, Duke University |
| World Financial Cycles and Global Trade |
| By Yan Bai; University of Rochester Minjie Deng; Simon Fraser University Chang Liu; Stony Brook University Gabriel Mihalache; Ohio State University |
| Presented by: Yan Bai, University of Rochester |
| Missing Imports in the Euro Area: Domestic Monetary Policy, Cross-Border Synchronization, and Demand Composition |
| By Allan Dizioli; International Monetary Fund Francesca Caselli; IMF |
| Presented by: Allan Dizioli, International Monetary Fund |
| Countercyclical State Aid |
| By Laura Castillo-Martinez; Duke University |
| Presented by: Laura Castillo-Martinez, Duke University |
| Session 175: Monetary-Fiscal Interactions II July 4, 2026 17:00 to 18:30 |
| Session Chair: Sanjay Singh, University of California, Davis |
| Why the Federal Reserve Cuts Rates when Public Debt Rises |
| By Andrea Ferrara; Northwestern University Luca Zanotti; Northwestern University |
| Presented by: Andrea Ferrara, Northwestern University |
| Monetary Policy with Partial Fiscal Backing |
| By Roberto Billi; Sveriges Riksbank Frank Smets; BIS |
| Presented by: Roberto Billi, Sveriges Riksbank |
| Nominal Anchors and Real Consequences: Inflation Targeting, Debt, and Investment |
| By Nicolas Caramp; UC Davis Sanjay Singh; University of California, Davis |
| Presented by: Sanjay Singh, University of California, Davis |
| Session 176: Multinationals, Intangibles, and Global Production July 4, 2026 17:00 to 18:30 |
| Session Chair: Ana Maria Santacreu, Federal Reserve Bank of St Louis |
| Learning from Multinationals |
| By Filip Milosavljevic; Columbia Business School Minyoung Song; KIEP |
| Presented by: Filip Milosavljevic, Columbia Business School |
| Platforms for Growth: Multinationals, Trade, and Technology Diffusion |
| By Sheng Cai; Economics John Finlay; Imperial College London Nghiem Huynh; University of Oklahoma |
| Presented by: John Finlay, Imperial College London |
| Taxation and the Global Allocation of Intangibles |
| By Jesse LaBelle; Northwestern University Fernando Martin; Federal Reserve Bank of St. Louis Ana Maria Santacreu; Federal Reserve Bank of St Louis |
| Presented by: Ana Maria Santacreu, Federal Reserve Bank of St Louis |
| Session 177: Policy Uncertainty July 4, 2026 17:00 to 18:30 |
| Session Chair: Igor Livshits, Federal Reserve Bank of Philadelphia |
| Trade Policy Uncertainty and Optimal Monetary Policy |
| By Lu Han; Bank of Canada Yuko Imura; Bank of Canada |
| Presented by: Lu Han, Bank of Canada |
| Escaping Uncertainty Traps |
| By Fernando Mendo; PUC Rio de Janeiro Paymon Khorrami; Duke University |
| Presented by: Fernando Mendo, PUC Rio de Janeiro |
| Communicating Policy under Uncertainty |
| By Thorsten Drautzburg; Federal Reserve Bank of Philadelphia Igor Livshits; Federal Reserve Bank of Philadelphia Makoto Nakajima; Federal Reserve Bank of Philadelphia |
| Presented by: Igor Livshits, Federal Reserve Bank of Philadelphia |
| Session 178: Public Policy in Heterogeneous Agent Environments July 4, 2026 17:00 to 18:30 |
| Session Chair: Sang Yoon (Tim) Lee, Queen Mary University of London |
| Time-Consistent Public Good Provision in Heterogeneous Agent Economies |
| By Francois Le Grand; ESSEC Business School Xavier Ragot; Sciencespo Giovanni Violante; Princeton University |
| Presented by: Xavier Ragot, Sciencespo |
| Optimal Pension Reforms during Demographic Transitions |
| By Daniel Carroll; Federal Reserve Bank of Cleveland Sewon Hur; Yonsei University Selahattin Imrohoroglu; University of Southern California Zhixiu Yu; Louisiana State University |
| Presented by: Sewon Hur, Yonsei University |
| UBC with a SWF |
| By Alexandre Gaillard; Brown University Sang Yoon (Tim) Lee; Queen Mary University of London |
| Presented by: Sang Yoon (Tim) Lee, Queen Mary University of London |
| Session 179: Structural Transformation July 4, 2026 17:00 to 18:30 |
| Session Chair: Kristina Manysheva, Columbia University |
| The Macroeconomics of Poverty across Countries |
| By Nezih Guner; CEMFI Duc Nguyen; Amherst College Diego Restuccia; University of Toronto Juan Carlos Ruiz Garcia; Universitat de les Illes Balears Guillaume Vandenbroucke; Federal Reserve Bank of Saint Louis |
| Presented by: Diego Restuccia, University of Toronto |
| Financial Development and the Demand Channel of Structural Transformation: Micro Evidence from India |
| By Paula Bustos; UPF Pulak Ghosh; India Institute of Management Bangalore Apoorv Gupta; Dartmouth College Anoushka Nalwa; Kellogg School of Management Jacopo Ponticelli; Northwestern Kellogg |
| Presented by: Jacopo Ponticelli, Northwestern Kellogg |
| The Origins of Structural Transformation |
| By Julieta Caunedo; Cornell University Mayara Felix; Yale University Kristina Manysheva; Columbia University |
| Presented by: Kristina Manysheva, Columbia University |
| Session 180: Wealth, Job Search, and Labor Mobility July 4, 2026 17:00 to 18:30 |
| Session Chair: Simone Zanella Cavallero, Universitat Pompeu Fabra |
| Prudent Job Search and Consumption Sensitivity |
| By Silvio Rendon; Georgetown University |
| Presented by: Silvio Rendon, Georgetown University |
| Wealth Inequality and Labor Mobility: The Job Trap |
| By Elena Pellegrini; Boston College |
| Presented by: Elena Pellegrini, Boston College |
| Wealth and the Geography of Job Ladders |
| By Simone Zanella Cavallero; Universitat Pompeu Fabra |
| Presented by: Simone Zanella Cavallero, Universitat Pompeu Fabra |
| # | Participant | Roles in Conference |
|---|---|---|
| 1 | Abel, Andrew | P67 |
| 2 | Abraham, Arpad | P135 |
| 3 | Acabbi, Edoardo Maria | P158, C158 |
| 4 | Adamopoulou, Effrosyni | P137 |
| 5 | Adams, Jonathan | P85 |
| 6 | Aguilar, Elena | P103, C103 |
| 7 | Alati, Andrea | P55, C55 |
| 8 | Albanesi, Stefania | P52, C52 |
| 9 | Alessandria, George | P164 |
| 10 | Almagro, Milena | P41, C41 |
| 11 | Alon, Titan | P130, C130 |
| 12 | Alp, Harun | P30, C30 |
| 13 | Alves, Felipe | P156 |
| 14 | Amador, Manuel | P147, C147 |
| 15 | Angelis, Georgios | P76, C76 |
| 16 | Arce Munoz, Fernando | P3 |
| 17 | Argente, David | P91, C91 |
| 18 | Arias, Jonas | P171, C171 |
| 19 | Aristizabal-Ramirez, Maria | P47 |
| 20 | Arkolakis, Costas | P6 |
| 21 | Ayres, Joao | P11 |
| 22 | Azinovic-Yang, Marlon | P173 |
| 23 | Azkarate-Askasua, Miren | P167 |
| 24 | Azzalini, Gualtiero | P49 |
| 25 | Žemlička, Jan | P151 |
| 26 | Bacher, Annika | P25, C25 |
| 27 | Bagga, Sadhika | P121, C121 |
| 28 | Bai, Yan | P174 |
| 29 | Bartscher, Alina | P69, C69 |
| 30 | Basak, Deepal | P128, C128 |
| 31 | Baslandze, Salome | P42, C42 |
| 32 | Bassetto, Marco | P173 |
| 33 | Baumeister, Christiane | P61 |
| 34 | Becker, Jonathan | P102 |
| 35 | Belda, Pau | P21 |
| 36 | Bellue, Suzanne | P131 |
| 37 | Beraldi, Francesco | P136 |
| 38 | Bethune, Zachary | P102, C102 |
| 39 | Bhandari, Anmol | P105 |
| 40 | Bianchi, Javier | P32 |
| 41 | Bianchi, Francesco | P57 |
| 42 | Bick, Alexander | P46, C46 |
| 43 | Bilal, Adrien | P118, C118 |
| 44 | Bilbiie, Florin | P145, C145 |
| 45 | Billi, Roberto | P175 |
| 46 | Bini, Lapo | P104 |
| 47 | Blanco, Andres | P85, C85 |
| 48 | Boar, Corina | P169 |
| 49 | Bordini do Amaral, Felipe | P11, C11 |
| 50 | Bornstein, Gideon | P26, C26 |
| 51 | Borovickova, Katarina | P137, C137 |
| 52 | Boutros, Michael | P52 |
| 53 | Bräuer, Richard | P67 |
| 54 | Brinatti, Agostina | P150, C150 |
| 55 | Brotherhood, Luiz | P11 |
| 56 | Brouillette, Jean-Félix | P172, C172 |
| 57 | Buera, Francisco | P29 |
| 58 | Burga, Carlos | P117 |
| 59 | Busch, Christopher | P135 |
| 60 | Bustos, Paula | P47 |
| 61 | Caicedo, Santiago | P103 |
| 62 | Cao, Dan | P8 |
| 63 | Capelle, Damien | P65 |
| 64 | Carrillo-Tudela, Carlos | P44 |
| 65 | Casal, Lucia | P54 |
| 66 | Casella, Sara | P131, C131 |
| 67 | Castillo-Martinez, Laura | P174, C174 |
| 68 | Caunedo, Julieta | P33, C33 |
| 69 | Cavenaile, Laurent | P58 |
| 70 | Celik, Murat | P81 |
| 71 | Chade, Hector | P17 |
| 72 | Chahrour, Ryan | P74 |
| 73 | Chatterjee, Satyajit | P88 |
| 74 | Chaumont, Gaston | P146, C146 |
| 75 | Chen, Wentong | P70 |
| 76 | chen, cheng | P159 |
| 77 | Chiang, Yu-Ting | P153, C153 |
| 78 | Chiavari, Andrea | P65, C65 |
| 79 | Chien, YiLi | P146 |
| 80 | Chodorow-Reich, Gabriel | P61 |
| 81 | Cirelli, Fernando | P139, C139 |
| 82 | Clymo, Alex | P64, C64 |
| 83 | Commault, Jeanne | P56 |
| 84 | Corbae, Dean | P88 |
| 85 | Couturier, Adrien | P1 |
| 86 | Coyle, Philip | P166 |
| 87 | Cravero, Stefano | P7, C7 |
| 88 | Crouzet, Nicolas | P73 |
| 89 | Cruces De Sousa, Lidia | P109, C109 |
| 90 | Cruz, Jose-Luis | P118 |
| 91 | Cubas, German | P129 |
| 92 | Cui, Wei | P117, C117 |
| 93 | Dalgic, Husnu | P120 |
| 94 | David, Joel | P81 |
| 95 | de Ferra, Sergio | P39 |
| 96 | de la Barrera i Bardalet, Marc | P15, C15 |
| 97 | De Ridder, Maarten | P118 |
| 98 | de Souza, Gustavo | P46 |
| 99 | Deb, Shubhdeep | P39, C39 |
| 100 | Dechter, Evgenia | P10 |
| 101 | Dempsey, Kyle | P127 |
| 102 | Dew-Becker, Ian | P75 |
| 103 | Diamond, Rebecca | P41 |
| 104 | Dietrich, Alexander | P21 |
| 105 | Ding, Jenny Siqin | P18 |
| 106 | Dizioli, Allan | P174 |
| 107 | Doepke, Matthias | P25 |
| 108 | Dogra, Keshav | P92 |
| 109 | Doligalski, Paweł | P132, C132 |
| 110 | Domínguez-Iino, Tomas | P163 |
| 111 | Donald, Eric | P170 |
| 112 | Drenik, Andres | P144 |
| 113 | Druedahl, Jeppe | P112 |
| 114 | Duarte, Margarida | P72, C72 |
| 115 | Dupraz, Stephane | P107 |
| 116 | Dvorkin, Maximiliano | P150 |
| 117 | Dyrda, Sebastian | P50 |
| 118 | Ebrahimian, Mehran | P114 |
| 119 | Eckert, Fabian | P71 |
| 120 | Eeckhout, Jan | P26 |
| 121 | Eley, Marlena | P157, C157 |
| 122 | Elias, Leonardo | P128 |
| 123 | Engbom, Niklas | P137 |
| 124 | Fakos, Alexandros | P166, C166 |
| 125 | Falasconi, Luigi | P77, C77 |
| 126 | Fan, Tianyu | P30 |
| 127 | Fang, Lei | P141 |
| 128 | Fang, Min | P98 |
| 129 | Farboodi, Maryam | P58 |
| 130 | Fernandes, Adriano | P79, C79 |
| 131 | Fernandez, Andres | P168 |
| 132 | Ferrara, Andrea | P175 |
| 133 | Ferrari, Alessandro | P82, C82 |
| 134 | Ferraro, Domenico | P100 |
| 135 | FEVE, Patrick | P134 |
| 136 | Finlay, John | P176 |
| 137 | Fitzgerald, Doireann | P119 |
| 138 | Flynn, Joel | P36, C36 |
| 139 | Fogli, Alessandra | P17 |
| 140 | Fourakis, Stelios | P147 |
| 141 | Franco, Santiago | P14, C14 |
| 142 | Frech, Maria | P138 |
| 143 | Fried, Stephie | P94 |
| 144 | Furlanetto, Francesco | P15 |
| 145 | Gaballo, Gaetano | P48, C48 |
| 146 | Gagliardone, Luca | P143 |
| 147 | Galindo da Fonseca, Joao | P158 |
| 148 | Galli, Carlo | P59, C59 |
| 149 | Gancia, Gino | P149 |
| 150 | García-Santana, Manuel | P47, C47 |
| 151 | García-Trujillo, Gonzalo | P53 |
| 152 | Garcia-Cabo, Joaquin | P87, C87 |
| 153 | Gargiulo, Valeria | P37, C37 |
| 154 | Garriga, Carlos | P22 |
| 155 | Gaspar, Madalena | P105 |
| 156 | Gemmi, Luca | P75, C75 |
| 157 | Gertler, Sarah | P28, C28 |
| 158 | Ghassibe, Mishel | P80, C80 |
| 159 | Giannone, Domenico | P101 |
| 160 | Giannone, Elisa | P5, C5 |
| 161 | Giarda, Mario | P96 |
| 162 | Gimeno-Ribes, Jaime | P133 |
| 163 | Gitti, Giulia | P13 |
| 164 | Golosov, Mikhail | P45 |
| 165 | Gomes, Francisco | P139 |
| 166 | Gonçalves, Rafael | P161 |
| 167 | Gordon, Grey | P90 |
| 168 | Gottfries, Axel | P111 |
| 169 | Gouin-Bonenfant, Emilien | P54, C54 |
| 170 | Gourio, Francois | P173, C173 |
| 171 | Graf von Luckner, Clemens | P59 |
| 172 | Graham, James | P22, C22 |
| 173 | Granados, Camilo | P74 |
| 174 | Grassi, Basile | P122 |
| 175 | Greaney, Brian | P71 |
| 176 | Grigsby, John | P148, C148 |
| 177 | Guerreiro, Joao | P144, C144 |
| 178 | Guntin, Rafael | P73, C73 |
| 179 | Guo, Xing | P64 |
| 180 | H. Ferreira, Miguel | P152, C152 |
| 181 | Haanwinckel, Daniel | P87 |
| 182 | Hack, Lukas | P38, C38 |
| 183 | Han, Lu | P177 |
| 184 | Han, Seungyub | P86 |
| 185 | Handlan, Amy | P78, C78 |
| 186 | Hazell, Jonathon | P112, C112 |
| 187 | Hegarty, Caitlin | P23 |
| 188 | Hellwig, Christian | P160 |
| 189 | Heresi, Rodrigo | P19 |
| 190 | Herkenhoff, Kyle | P26 |
| 191 | Herreno, Juan | P105, C105 |
| 192 | Herrington, Christopher | P109 |
| 193 | Holden, Tom | P40 |
| 194 | Holm, Martin | P139 |
| 195 | Holzheu, Kerstin | P44, C44 |
| 196 | Hopenhayn, Hugo | P83 |
| 197 | Horst, Bjarne | P161 |
| 198 | Hosseini, Roozbeh | P164, C164 |
| 199 | Huang, Kenghua | P39 |
| 200 | Hur, Sewon | P178 |
| 201 | Hurst, Erik | P123 |
| 202 | Iachan, Felipe | P41 |
| 203 | Iacoviello, Matteo | P165, C165 |
| 204 | Ilzetzki, Ethan | P101 |
| 205 | Ingrand, Thibault | P94, C94 |
| 206 | Ionescu, Felicia | P136, C136 |
| 207 | Iovino, Luigi | P75 |
| 208 | Ipek, Mahmut | P37 |
| 209 | Irie, Magnus | P63, C63 |
| 210 | Ishide, Akira | P18 |
| 211 | Itskhoki, Oleg | P60 |
| 212 | Jacobson, Margaret | P51 |
| 213 | Jamilov, Rustam | P77 |
| 214 | Jarosch, Gregor | P121 |
| 215 | Jeenas, Priit | P35, C35 |
| 216 | Jensen, Martin | P125 |
| 217 | Jiang, Wei | P69 |
| 218 | Jo, Karam | P50 |
| 219 | Jones, Callum | P107 |
| 220 | Jurado, Kyle | P115 |
| 221 | Kaas, Leo | P167 |
| 222 | Kalouptsidi, Myrto | P24 |
| 223 | Kalyani, Aakash | P42 |
| 224 | Kambourov, Gueorgui | P44 |
| 225 | Kankanamge, Sumudu | P108 |
| 226 | Kapicka, Marek | P4 |
| 227 | Kaplan, Greg | P9 |
| 228 | Karabarbounis, Loukas | P116 |
| 229 | Karabarbounis, Marios | P64 |
| 230 | Karantounias, Anastasios | P149, C149 |
| 231 | Kaymak, Baris | P68 |
| 232 | Känzig, Diego | P61, C61 |
| 233 | Kehoe, Timothy | P24, C24 |
| 234 | Kehoe, Patrick | P146 |
| 235 | Kehrig, Matthias | P50, C50 |
| 236 | Khan, Shafaat | P104 |
| 237 | Khan, Aubhik | P2, C2 |
| 238 | Khandelwal, Amit | P119 |
| 239 | Khazanov, Alexey | P12 |
| 240 | Kim, Seula | P155, C155 |
| 241 | Kim, Seho | P108 |
| 242 | Kim, Cheolhwan | P31 |
| 243 | Kirchberger, Martina | P24 |
| 244 | Klein, Mathias | P163 |
| 245 | Kliem, Martin | P51, C51 |
| 246 | Knotek, Edward | P154 |
| 247 | Knox, Benjamin | P16 |
| 248 | Kochen, Federico | P81, C81 |
| 249 | Kohlhas, Alexandre | P80 |
| 250 | Kondziella, Markus | P53, C53 |
| 251 | Konradt, Maximilian | P7 |
| 252 | Kovrijnykh, Natalia | P140, C140 |
| 253 | Kozlowski, Julian | P114, C114 |
| 254 | Kubler, Felix | P151 |
| 255 | Kudlyak, Marianna | P116, C116 |
| 256 | Kurnaz, Musab | P132 |
| 257 | Kuske, Katarina | P131 |
| 258 | Kwak, Jun Hee | P84 |
| 259 | L'Huillier, Jean-Paul | P1, C1 |
| 260 | Lagakos, David | P5 |
| 261 | Lanteri, Andrea | P73 |
| 262 | Larkin, Kieran | P138 |
| 263 | Larsen, Birthe | P158 |
| 264 | Lashkari, Danial | P126, C126 |
| 265 | Leduc, Sylvain | P149 |
| 266 | Lee, Hyunju | P74, C74 |
| 267 | Lee, Soyoung | P55 |
| 268 | Lee, Hanbaek | P27, C27 |
| 269 | Lee, Do | P1 |
| 270 | LEE, SUN KYOUNG | P84 |
| 271 | Lee, Sang Yoon (Tim) | P178, C178 |
| 272 | Lee, Donggyu | P134 |
| 273 | Leibovici, Fernando | P124, C124 |
| 274 | Lentz, Rasmus | P66 |
| 275 | Lester, Benjamin | P166 |
| 276 | Leukhina, Oksana | P95, C95 |
| 277 | Lhuillier, Hugo | P111, C111 |
| 278 | Li, Xiangliang | P103 |
| 279 | Li, Minghao | P97 |
| 280 | Li, Lintong | P98 |
| 281 | Lian, Chen | P123, C123 |
| 282 | Lihn Jørgensen, Peter | P92 |
| 283 | Lindenlaub, Ilse | P91 |
| 284 | Lissauer, Marcos | P8 |
| 285 | Liu, Xuewen | P99 |
| 286 | Liu, Chang | P3, C3 |
| 287 | Liu, Chang | P141 |
| 288 | Liu, Yang | P40 |
| 289 | Livshits, Igor | P177, C177 |
| 290 | Lo Bello, Salvatore | P169, C169 |
| 291 | Lopez, Pierlauro | P116 |
| 292 | Lorenzini, Luca | P4, C4 |
| 293 | Luetticke, Ralph | P156 |
| 294 | Luo, Mi | P135, C135 |
| 295 | Luttmer, Erzo | P89, C89 |
| 296 | Ma, Yueran | P83 |
| 297 | Ma, Xiao | P124 |
| 298 | Mac Mullen, Marcos | P3 |
| 299 | Macaulay, Alistair | P143 |
| 300 | Macera, Manuel | P142 |
| 301 | Madera, Rocio | P138, C138 |
| 302 | Maghzian, Omeed | P10 |
| 303 | Malin, Benjamin | P127, C127 |
| 304 | Malmberg, Hannes | P54 |
| 305 | Manea, Cristina | P134, C134 |
| 306 | Mann, Lukas | P46 |
| 307 | Mantovani, Cristiano | P167, C167 |
| 308 | Manuel, Ed | P171 |
| 309 | Manysheva, Kristina | P179, C179 |
| 310 | Marin, Emile | P86 |
| 311 | Martellini, Paolo | P160, C160 |
| 312 | Martin, Alberto | P12, C12 |
| 313 | Martinez, Joseba | P172 |
| 314 | Marto, Ricardo | P48 |
| 315 | Martorell, Enric | P62, C62 |
| 316 | Matt, Johannes | P110 |
| 317 | Mazur, Karol | P90 |
| 318 | McGrattan, Ellen | P43, C43 |
| 319 | Meeuwis, Maarten | P157 |
| 320 | Mehrotra, Neil | P31, C31 |
| 321 | Melosi, Leonardo | P78 |
| 322 | Mendicino, Caterina | P136 |
| 323 | Mendo, Fernando | P177 |
| 324 | Mendoza, Enrique | P93 |
| 325 | Menkhoff, Manuel | P154 |
| 326 | Menzio, Guido | P169 |
| 327 | Merga, Roman | P168 |
| 328 | Migiakis, Petros | P79 |
| 329 | Mihet, Roxana | P21, C21 |
| 330 | Mijakovic, Andrej | P114 |
| 331 | Milosavljevic, Filip | P176 |
| 332 | Miranda-Agrippino, Silvia | P78 |
| 333 | Mitra, Anushka | P18, C18 |
| 334 | Molavi, Pooya | P115, C115 |
| 335 | Molnar, Krisztina | P133, C133 |
| 336 | Monacelli, Tommaso | P127 |
| 337 | Monge-Naranjo, Alexander | P84, C84 |
| 338 | Monnery, Hugo | P38 |
| 339 | Morazzoni, Marta | P122, C122 |
| 340 | Morchio , Iacopo | P89 |
| 341 | Morelli, Juan Martin | P88, C88 |
| 342 | Morrison, Wendy | P45, C45 |
| 343 | Moscarini, Giuseppe | P144 |
| 344 | Mueller, Gernot | P112 |
| 345 | Nakajima, Makoto | P159, C159 |
| 346 | Navarro, Gaston | P168, C168 |
| 347 | Neumeyer, Pablo | P120, C120 |
| 348 | Nezami Narajabad, Borghan | P117 |
| 349 | Nguyen, Ha | P94 |
| 350 | Nicolini, Juan Pablo | P19, C19 |
| 351 | Nikolakoudis, George | P40, C40 |
| 352 | Nirei, Makoto | P70, C70 |
| 353 | Oberfield, Ezra | P82 |
| 354 | Obiols-Homs, Francesc | P142 |
| 355 | Ocampo-Diaz, Sergio | P142, C142 |
| 356 | Oh, Hyunseung | P85 |
| 357 | Oh, Ryungha | P66, C66 |
| 358 | Olmstead-Rumsey, Jane | P29, C29 |
| 359 | Olsson, Maria | P100 |
| 360 | Onder, Kursat | P52 |
| 361 | Ottonello, Pablo | P35 |
| 362 | Ozkan, Serdar | P48 |
| 363 | Paciello, Luigi | P97, C97 |
| 364 | Paixao, Nuno | P22 |
| 365 | Pal Mustafi, Utso | P171 |
| 366 | Panageas, Stavros | P63 |
| 367 | Pandalai-Nayar, Nitya | P82 |
| 368 | Papanikolaou, Dimitris | P91 |
| 369 | Pastorino, Elena | P43 |
| 370 | Payne, Jonathan | P20 |
| 371 | Pellegrini, Elena | P180 |
| 372 | Peralta-Alva, Adrian | P165 |
| 373 | Pereira, Luciene | P72 |
| 374 | Perez, Luis | P34 |
| 375 | Perez-Reyna, David | P159 |
| 376 | Perri, Fabrizio | P96 |
| 377 | Pesso, Tom | P113 |
| 378 | Peters, Michael | P148 |
| 379 | Petroulakis, Filippos | P165 |
| 380 | Pfäuti, Oliver | P57, C57 |
| 381 | Phelan, Gregory | P13 |
| 382 | Pinardon-Touati, Noémie | P170, C170 |
| 383 | Ponticelli, Jacopo | P179 |
| 384 | Postel-Vinay, Fabien | P66 |
| 385 | Prato, Marta | P83, C83 |
| 386 | Pröhl, Elisabeth | P32, C32 |
| 387 | Presno, Ignacio | P153 |
| 388 | Pretnar, Nick | P99 |
| 389 | Proebsting, Christian | P68 |
| 390 | Puri, Indira | P16 |
| 391 | Qiu, Xincheng | P70 |
| 392 | Qiu, Christina | P124 |
| 393 | Quadrini, Vincenzo | P35 |
| 394 | Queralto, Albert | P107, C107 |
| 395 | Rachel, Lukasz | P58, C58 |
| 396 | Ragot, Xavier | P178 |
| 397 | Ramondo, Natalia | P6 |
| 398 | Rawling, Luke | P23 |
| 399 | Reichardt, Hugo | P6, C6 |
| 400 | Reichlin, Yannick | P157 |
| 401 | Reiter, Michael | P27 |
| 402 | Rendon, Silvio | P180 |
| 403 | Restrepo-Echavarria, Paulina | P100, C100 |
| 404 | Restuccia, Diego | P179 |
| 405 | Reyes-Heroles, Ricardo | P13, C13 |
| 406 | Richard, Morgane | P9, C9 |
| 407 | Robin, Jean-Marc | P111 |
| 408 | Rodriguez Mora, Jose V. | P129 |
| 409 | Rogers, Ciaran | P20 |
| 410 | Roldan, Francisco | P90, C90 |
| 411 | Roldan-Blanco, Pau | P130 |
| 412 | Rong, Maxwell | P49 |
| 413 | Rosenthal-Kay, Jordan | P150 |
| 414 | Rossi, Federico | P170 |
| 415 | Rossi-Hansberg, Esteban | P5 |
| 416 | Rostam-Afschar, Davud | P143, C143 |
| 417 | Rubinton, Hannah | P42 |
| 418 | Ruggieri, Alessandro | P25 |
| 419 | Ruzzier, Gianmarco | P2 |
| 420 | Saffie, Felipe | P12 |
| 421 | Sagawa, Takaaki | P59 |
| 422 | Saijo, Hikaru | P27 |
| 423 | Sakellaris, Plutarchos | P152 |
| 424 | Salgado, Sergio | P49, C49 |
| 425 | Salomao, Juliana | P53 |
| 426 | Samy Soliman, Felix | P31 |
| 427 | Sangani, Kunal | P96, C96 |
| 428 | Santacreu, Ana Maria | P176, C176 |
| 429 | Santana, Miguel | P154, C154 |
| 430 | Santos, Cezar | P34 |
| 431 | Sastry, Karthik | P125, C125 |
| 432 | Schaab, Andreas | P60, C60 |
| 433 | Scheuer, Florian | P160 |
| 434 | Schoellman, Todd | P33 |
| 435 | Schott, Immo | P162, C162 |
| 436 | Schwartzman, Matthew | P72 |
| 437 | Sedlacek, Petr | P155 |
| 438 | Sena, Marcelo | P62 |
| 439 | Seo, Jinyoung | P15 |
| 440 | Sergeyev, Dmitriy | P68, C68 |
| 441 | Seyrich, Fabian | P133 |
| 442 | Shakhnov, Kirill | P89 |
| 443 | Shen, Leslie Sheng | P36 |
| 444 | Shepard, Jacob | P140 |
| 445 | Shimer, Robert | P121 |
| 446 | Shin, Yongseok | P148 |
| 447 | Silva, Alvaro | P28 |
| 448 | Silva, Dejanir | P16, C16 |
| 449 | Simonovska, Ina | P164 |
| 450 | Singh, Sanjay | P175, C175 |
| 451 | Sotelo, Sebastian | P19 |
| 452 | Souchier, Martin | P87 |
| 453 | Spencer, Adam | P7 |
| 454 | Spinella, Saverio | P14 |
| 455 | Stangebye, Zachary | P86, C86 |
| 456 | Stevens, Luminita | P57 |
| 457 | Storesletten, Kjetil | P45 |
| 458 | Straub, Ludwig | P60 |
| 459 | Sun, Ye | P126 |
| 460 | Swanson, Eric | P37 |
| 461 | Talamas, Eduard | P110 |
| 462 | Tanaka, Satoshi | P95 |
| 463 | Tang, Yang | P140 |
| 464 | Timmer, Yannick | P145 |
| 465 | Toda, Alexis Akira | P63 |
| 466 | Tohme, Farah | P113 |
| 467 | Toledo, Gabriel | P162 |
| 468 | Tonetti, Christopher | P123 |
| 469 | Topa, Giovanni | P76 |
| 470 | Trachter, Nicholas | P99, C99 |
| 471 | Tsujiyama, Hitoshi | P132 |
| 472 | Turen, Javier | P8, C8 |
| 473 | Uras, Burak | P79 |
| 474 | Ushchev, Philip | P125 |
| 475 | Valladares-Esteban, Arnau | P69 |
| 476 | Van Patten, Diana | P119, C119 |
| 477 | Vardishvili, Ia | P108, C108 |
| 478 | Vardoulakis, Alexandros | P55 |
| 479 | Varthalitis, Petros | P129, C129 |
| 480 | Vavra, Joseph | P9 |
| 481 | Veldkamp, Laura | P17, C17 |
| 482 | Venkateswaran, Venky | P122 |
| 483 | Vereshchagina, Galina | P155 |
| 484 | Vergeat, Chiara | P162 |
| 485 | Verma, Bipul | P141, C141 |
| 486 | Villa, Alessandro | P43 |
| 487 | Villalvazo, Sergio | P106, C106 |
| 488 | Villani, Antonio | P20, C20 |
| 489 | Viratyosin, Tasaneeya | P97 |
| 490 | Visschers, Ludo | P10, C10 |
| 491 | Vives, Xavier | P115 |
| 492 | vom Lehn, Christian | P126 |
| 493 | Wabitsch, Alena | P38 |
| 494 | Waldfogel, Joel | P29 |
| 495 | Walsh, Conor | P71, C71 |
| 496 | Wang, Yicheng | P152 |
| 497 | Wang, Tao | P113, C113 |
| 498 | Wang, Chendong | P51 |
| 499 | Wangner, Philipp | P156, C156 |
| 500 | Weber, Henning | P145 |
| 501 | Weber, Michael | P80 |
| 502 | Wei, Bin | P28 |
| 503 | Weiß, Maximilian | P104, C104 |
| 504 | Werquin, Nicolas | P56, C56 |
| 505 | Winton, Sarah | P23, C23 |
| 506 | Witheridge, William | P153 |
| 507 | Wolf, Christian | P101, C101 |
| 508 | Wolthoff, Ronald | P76 |
| 509 | Wong, Russell | P106 |
| 510 | Wu, Liangjie | P110, C110 |
| 511 | Wu, Kai-Jie | P130 |
| 512 | Wu, Xi | P65 |
| 513 | Xiang, Wei | P36 |
| 514 | Xu, Linchuan | P33 |
| 515 | Xu, Le | P163, C163 |
| 516 | Yang, Yucheng | P32 |
| 517 | Yang, Dongcheng | P2 |
| 518 | Yannelis, Constantine | P62 |
| 519 | Yedid-Levi, Yaniv | P92, C92 |
| 520 | Yi, Chengzi | P34, C34 |
| 521 | Yu, Yang | P30 |
| 522 | Yue, Vivian | P147 |
| 523 | Yum, Minchul | P109 |
| 524 | Zago, Riccardo | P172 |
| 525 | Zanella Cavallero, Simone | P180, C180 |
| 526 | Zanetti, Francesco | P161, C161 |
| 527 | Zaratiegui, Emilio | P93 |
| 528 | Zaretski, Aliaksandr | P93, C93 |
| 529 | Züllig, Gabriel | P102 |
| 530 | Zhang, Mengbo | P120 |
| 531 | Zhang, Shengxing | P4 |
| 532 | Zhang, Lichen | P95 |
| 533 | Zhao, Kai | P56 |
| 534 | Zheng, Zhongxi | P128 |
| 535 | Zhou, Ying | P106 |
| 536 | Zlate, Andrei | P77 |
| 537 | Zoch, Piotr | P151, C151 |
| 538 | Zorn, Peter | P98, C98 |
| 539 | Zou, Yimei | P67, C67 |
This program was last updated on 2026-06-03 14:10:14 EDT