National Bureau of Economic Reasearch

Summer Institute 2008

Week 2 Master Agenda July 14 -- 18

 

 

Monday, July 14

 

 

 

9:00 a.m.

EFACR

Francisco Buera, Northwestern University and NBER

 

 

Yongseok Shin, University of Wisconsin

 

 

Productivity Growth and Capital Outflow: The Case of a Small Opening Economy

 

 

 

9:45 a.m.

EFACR

DAMIANO SANDRI, Johns Hopkins University

 

 

Growth and Capital Flows With Risky Entrepreneurship

 

 

 

10:45 a.m.

EFACR

GREG KAPLAN, New York University

 

 

GIOVANNI VIOLANTE, New York University and NBER

 

 

How Much Insurance in Bewley Models?

 

 

 

11:30 a.m.

EFACR

Makoto Nakajima, University of Illinois at Urbana-Champaign

 

 

Optimal Capital Income Taxation with Housing

 

 

 

1:00 pm

EFRSW

ROBERT HALL, Stanford University and NBER

 

 

General Equilibrium with Customer Relationships: A Dynamic Analysis of Rent-Seeking

 

 

 

1:00 pm

EFEL

FRANCISCO GOMES, London Business School

 

 

ALEXANDER MICHAELIDES, London School of Economics

 

 

VALERY POLKOVNICHENKO, University of Texas

 

 

Fiscal Policy in an Incomplete Markets Economy

 

 

 

1:50 pm

EFEL

ADRIANO RAMPINI and S. VISWANATHAN, Duke University

 

 

Collateral, Financial Intermediation, and the Distribution of Debt Capacity

 

 

 

2:00 pm

EFRSW

PHILIPP KIRCHER, University of Pennsylvania

 

 

Sorting and Decentralized Price Competition

 

 

(joint with Jan Eeckhout)

 

 

 

2:55pm

EFEL

ITAMAR DRECHSLER, University of Pennsylvania

 

 

AMIR YARON, University of Pennsylvania and NBER

 

 

What's Vol Got to Do With It?

 

 

 

3:30 pm

EFRSW

IOURRI MANOVSKII, University of Pennsylvania

 

 

Wages over the Business Cycle: Implicit Contracts or Spot Markets?

 

 

(joint with Marcus Hagedorn)

 

 

 

3:45 pm

EFEL

ROBERT HALL, Stanford University and NBER

 

 

SUSAN WOODWARD, Sand Hill Econometrics, Inc.

 

 

The Burden of the Nondiversifiable Risk of Entrepreneurship

 

 

 

4:30 pm

EFRSW

MANOLIS GALENIANOS, Pennsylvania State University

 

 

A Search-Theoretic Model of the Retail Market for Illicit Drugs

 

 

(joint with Rosalie Pacula and Nicola Persico)

 

 

 

Tuesday, July 15

 

 

 

 

 

9:00 a.m.

EFACR

Dirk Krueger, University of Pennsylvania and NBER

 

 

 

Fabrizio Perri, University of Minnesota and NBER

 

 

 

How does Household Consumption Respond to Income Shocks? Evidence and Theory

 

 

 

 

 

9:00 am

POL

PHILIPPE AGHION, Harvard University and NBER

 

 

 

YANN ALGAN, Paris School of Economics - Sciences Po

 

 

 

PIERRE CAHUC, Ecole Polytechnique

 

 

 

ANDREI SHLEIFER, Harvard University and NBER

 

 

 

Regulation and Distrust

 

 

 

 

 

9:45 a.m.

EFACR

Giovanni Gallipoli, University of British Columbia

 

 

 

LAURA TURNER, University of British Columbia

 

 

 

Household responses to individual shocks: disability and labour supply

 

 

 

 

 

10:00 am

POL

MATTHEW GENTZKOW and JESSE M. SHAPIRO,

 

 

 

University of Chicago and NBER

 

 

 

MICHAEL SINKINSON, Harvard University

 

 

 

Competition and Diversity: Historical Evidence from U.S. Newspapers

 

 

 

 

 

10:45 a.m.

EFACR

DANIEL AARONSON, Federal Reserve Bank of Chicago

 

 

 

Sumit Agarwal, Federal Reserve Bank of Chicago

 

 

 

Eric French, Federal Reserve Bank of Chicago

 

 

 

The consumption response to Minimum Wage Increases

 

 

 

 

 

11:30 a.m.

EFACR

Orazio Attanasio, University College London and NBER

 

 

 

ANDREW LEICESTER, Institute for Fiscal Studies

 

 

 

Matthew Wakefield, Institute for Fiscal Studies

 

 

 

Using theory and simulation methods to understand the relationship between house prices and consumption growth in the UK

 

 

 

 

 

11:30 am

POL

WILLIAM EASTERLY, New York University and NBER

 

 

 

SHANKER STAYANATH and DANIEL BERGER, New York University

 

 

 

Superpower Interventions and Their Consequences for Democracy: An Empirical Inquiry

 

 

 

 

 

1:00 pm

EFRSW

GIUSEPPE MOSCARINI, Yale University

 

 

 

Non-stationary Search Equilibrium

 

 

 

(joint with Fabien Postel-Vinay)

 

 

 

 

 

1:00 pm

EFEL

PETER DE MARZO, Stanford University

 

 

 

MICHAEL FISHMAN and ZHIGUO HE, Northwestern University

 

 

 

NENG WANG, Columbia University

 

 

 

Dynamic Agency and the q Theory of Investment

 

 

 

 

 

1:30 pm

POL

MARCO BATTAGLINI, Princeton University

 

 

 

STEPHEN COATE, Cornell University and NBER

 

 

 

Fiscal Policy over the Real Business Cycle: A Positive Theory

 

 

 

 

 

2:00 pm

EFRSW

JAMES ALBRECHT and SUSAN VROMAN, Georgetown University

 

 

 

Albrecht-Axell Redux: Long-Run Nonstationary Equilibria

 

 

 

(joint with Fabien Postel-Vinay)

 

 

 

 

 

2:15 pm

EFEL

FRANCOIS GOURIO, Boston University

 

 

 

Estimating Firm-Level Risk

 

 

 

 

 

3:00 pm

POL

STEPHEN HABER, Stanford University and NBER

 

 

 

VICTOR MENALDO, Stanford University

 

 

 

Do Natural Resources Fuel Authoritarianism? A Reappraisal of the Resource Curse

 

 

 

 

 

3:30 pm

EFRSW

GUIDO MENZIO, University of Pennsylvania

 

 

 

SHOUYONG SHI, University of Toronto

 

 

 

Efficient Search on the Job and the Business Cycle

 

 

 

 

 

3:30 pm

EFEL

RUSSELL COOPER, Boston University and NBER

 

 

 

JOHN HALTIWANGER, University of Maryland and NBER

 

 

 

JONATHAN WILLIS, Federal Reserve Bank of Kansas City

 

 

 

Euler Equation Methods for Discrete Choice Models: A Capital Accumulation Application

 

 

 

 

 

4:30 pm

EFRSW

VERONICA GUERRIERI, University of Chicago

 

 

 

ROBERT SHIMER, University of Chicago and NBER

 

 

 

RANDALL WRIGHT, University of Pennsylvania and NBER

 

Wednesday, July 16

 

 

 

 

 

9:00 am

PRBB

NICK BLOOM, Stanford University and NBER

 

 

 

MIRKO DRACA, London School of Economics and UCL

 

 

 

JOHN VAN REENEN, London School of Economics and NBER

 

 

 

Trade Induced Technical Change?  The Impact of Chinese Imports on Technology and Employment

 

 

 

 

 

9:00 a.m.

EFACR

XAVIER MATEOS-PLANAS, University of Southampton

 

 

 

Jose-Victor Rios-Rull, University of Pennsylvania and NBER

 

 

 

Credit Lines

 

 

 

 

 

9:45 a.m.

EFACR

Lukasz Drozd, University of Wisconsin

 

 

 

JAROMIR NOSAL, University of Minnesota

 

 

 

Understanding International Prices: Customers as Capital

 

 

 

 

 

10:30 am

PRBB

CHRISTIAN BRODA, University of Chicago and NBER

 

 

 

JOSHUA GREENFIELD, Columbia University

 

 

 

DAVID WEINSTEIN, Columbia University and NBER

 

 

 

From Groundnuts to Globalization: A Structural Estimate of Trade and Growth

 

 

 

 

 

10:45 a.m.

EFACR

Joao Ejarque, University of Copenhagen

 

 

 

Soren Leth-Petersen, AKF, Institute of Local Government Studies

 

 

 

Consumption and Savings of First Time House Owners: How Do They Deal with Adverse Income Shocks?

 

 

 

 

 

11:30 a.m.

EFACR

David Domeij, Stockholm School of Economics

 

 

 

Paul Klein, University of Western Ontario

 

 

 

Should daycare be subsidized?

 

 

 

 

 

11:30 am

PRBB

BEE AW, Pennsylvania State University

 

 

 

MARK ROBERTS, Pennsylvania State University and NBER

 

 

 

DANIEL XU, New York University

 

 

 

R&D Investment, Exporting and Productivity Evolution

 

 

 

 

 

1:00 pm

EFRSW

PIETER GAUTIER, Tinbergen Institute

 

 

 

Structural Estimation of Search Intensity: Do Unemployed Workers Search Enough?

 

 

 

(joint with Jose Luis Moraga-Gonzalez and Ronald Wolthoff)

 

 

 

 

 

1:00 pm

EFEL

ANNAMARIA LUSARDI, Dartmouth College

 

 

 

PETER TUFANO, Harvard University and NBER

 

 

 

Debt Literacy, Financial Experience, and Over-Indebtedness

 

 

 

 

 

1:30 pm

PRBB

ANTONIO CICCONE, Universitat Pompeu Fabra

 

 

 

ELIAS PAPAIOANNOU, Dartmouth College

 

 

 

Entry Regulation and Intersectoral Reallocation

 

 

 

 

 

1:30 pm

EFABG

GILLES SAINT-PAUL, University of Toulouse

 

 

 

Genes, Legitimacy and Hypergamy:  Another Look at the Economics of Marriage

 

 

 

 

 

2:00 pm

EFRSW

JAVIER BIRCHENALL, UC, Santa Barbara

 

 

 

A Competitive Theory of Equilibrium Mismatch

 

 

 

 

 

2:15 pm

EFEL

MOTOHIRO YOGO, University of Pennsylvania

 

 

 

Portfolio Choice in Retirement: Health Risk and the Demand for Annuities, Housing, and Risky Assets

 

 

 

 

 

2:30 pm

EFABG

ZVIKA NEEMAN, Tel-Aviv University

 

 

 

ANDREW NEWMAN and CLAUDIA OLIVETTI, Boston University

 

 

 

Are Career Women Good for Marriage?

 

 

 

 

 

3:00 pm

PRBB

ERIC BARTELSMAN, University of Amsterdam

 

 

 

JOHN HALTIWANGER, University of Maryland and NBER

 

 

 

STEFANO SCARPETTA, OECD

 

 

 

Cross Country Differences in Productivity:  The Role of Allocative Efficiency

 

 

 

 

 

3:30 pm

EFRSW

JASON FABERMAN, Federal Reserve Bank of Philadelphia

 

 

 

Job Flows, Jobless Recoveries, and the Great Moderation

 

 

 

 

 

3:30 pm

EFEL

ATIF MIAN and AMIR SUFI, University of Chicago

 

 

 

The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Default Crisis

 

 

 

 

 

3:45 pm

EFABG

CAROL SHIUE, University of Colorado

 

 

 

Human Capital and Fertility in Chinese Clans, 1300-1850

 

 

 

 

 

 

 

 

 

4:30 pm

EFRSW

GIOVANNI VIOLANTE, New York University

 

 

 

Joint-Search Theory: New Opportunities and New Frictions

 

 

 

(joint with Fatih Guvenen and Bulent Guler)

 

 

 

 

 

4:45 pm

EFABG

ROBERT TAMURA, Clemson University

 

 

 

KEVIN MURPHY, University of Chicago and NBER

 

 

 

CURTIS SIMON, Clemson University

 

 

 

Fertility Decline, Baby Boom and Economic Growth

 

 

 

 

 

Thursday, July 17

 

 

 

 

 

8:45 am

PRB

JAY BHATTACHARYA, Stanford University and NBER

 

 

 

MIKKO PACKALEN, University of Waterloo

 

 

 

Is Medicine An Ivory Tower?  Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation

 

 

 

 

 

9:00 am

EFABG

WILLIAM EASTERLY, New York University and NBER

 

 

 

Can the West Save Africa?

 

 

 

 

 

9:00 a.m.

EFACR

Robert Schoeni, University of Michigan

 

 

 

PSID Update

 

 

 

 

 

9:45 a.m.

EFACR

John Sabelhaus, University of Maryland

 

 

 

Jae Song, Social Security Administration

 

 

 

Lifecycle Earnings Shocks: What Can We Learn From Linked Administrative Data?

 

 

 

 

 

10:00 am

PRB

ALAN GARBER, Stanford University and NBER

 

 

 

JONATHAN SKINNER, Dartmouth University and NBER

 

 

 

Is American Health Care Uniquely Inefficient?

 

 

 

 

 

10:15 am

EFABG

MATTEO CERVELLATI, University of Bologna

 

 

 

MARCEL JANSEN, Universidad Carlos III de Madrid 

 

 

 

UWE SUNDE, University of St. Gallen

 

 

 

Religious Norms and Long Term Development: Insurance, Human Capital and Technological Change

 

 

 

 

 

10:45 a.m.

EFACR

KIICHI TOKUOKA, Johns Hopkins University

 

 

 

Solution Methods for Heterogeneous Agent Macro Models: The JEDC Project

 

 

 

 

 

11:15 am

PRB

D. J. WU, Georgia Institute of Technology

 

 

 

MN DING, Pennsylvania State University

 

 

 

LORIN M. HITT, University of Pennsylvania

 

 

 

IT Implementation Contract Design:  Analytical and Experimental Investigation of IT Value, Learning and Contract Structure

 

 

 

 

 

11:30 a.m.

EFACR

ETHAN COHEN-COLE, Federal Reserve Bank of Boston

 

 

 

Burcu Duygan, European University Institute

 

 

 

Information and Stigma in Household Bankruptcy Decisions

 

 

 

 

 

11:30 pm

EFABG

QUAMRUL ASHRAF and ODED GALOR, Brown University

 

 

 

Human Genetic Diversity and Comparative Economic Development

 

 

 

 

 

1:00 pm

EFRSW

RASMUS LENTZ, University of Wisconsin

 

 

 

An Equilibrium Model of Wage Dispersion with Sorting

 

 

 

(joint with Jesper Bagger)

 

 

 

 

 

1:00 pm

CRIW

BRIAN JACOB, University of Michigan and NBER

 

 

 

JENS LUDWIG, University of Chicago and NBER

 

 

 

Neighborhood Effects on Crime

 

 

 

 

 

1:15 pm

PRB

JENNIFER HUNT, McGill University and NBER

 

 

 

How Much Does Immigration Boost Innovation?

 

 

 

 

 

1:30 pm

EFABG

RAGHURAM RAJAN, University of Chicago and NBER

 

 

 

RODNEY RAMCHARAN, International Monetary Fund

 

 

 

Landed Interests and Financial Underdevelopment in the United States

 

 

 

 

 

2:00 pm

EFRSW

JEREMY LISE, University College London

 

 

 

Matching, Sorting, and Wages

 

 

 

(joint with Costas Meghir and Jean-Marc Robin)

 

 

 

 

 

2:15 pm

CRIW

ANNA AIZER, Brown University and NBER

 

 

 

PEDRO DAL BO, Brown University

 

 

 

Love, Hate, and Murder: Commitment Devices in Violent Relationships

 

 

 

 

 

2:30 pm

PRB

EMANUELA CARDIA, University of Montreal

 

 

 

Household Technology: Was it the Engine of Liberation?

 

 

 

 

 

2:45 pm

EFABG

ROSS LEVINE, Brown University and NBER

 

 

 

ALEX LEVKOV and YONA RUBINSTEIN, Brown University

 

 

 

Racial Discrimination and Competition

 

 

 

 

 

3:30 pm

EFRSW

BEN LESTER, University of Western Ontario

 

 

 

Endogenous State Dependent matching with Implications for the Cyclical Behavior of Unemployment

 

 

 

 

 

3:30 pm

CRIW

RADHA IYENGAR, Harvard University and NBER

 

 

 

JONATHAN MONTEN, Harvard University

 

 

 

Is there an Emboldenment Effect?

 

 

 

Evidence from the Insurgency in Iraq

 

 

 

 

 

3:45 pm

PRB

RICHARD HORNBECK, MIT

 

 

 

MICHAEL GREENSTONE, MIT and NBER

 

 

 

ENRICO MORETTI, UC, Berkeley and NBER

 

 

 

Identifying Agglomeration Spillovers: Evidence from Million Dollar Plants

 

 

 

 

 

4:00 pm

EFABG

ARIELL RESHEF, New York University

 

 

 

Is Technological Change Biased Towards the Unskilled in Services?

 

 

 

An Empirical Investigation

 

 

 

 

 

4:30 pm

EFRSW

PAUL BEAUDRY, University of British Columbia

 

 

 

Spillovers from Good Jobs: A New Approach to a Recurring Debate

 

 

 

(joint with David Green and Benjamin Sand)

 

 

 

 

 

Friday, July 18

 

 

 

 

 

8:30 a.m

EFACR

Christopher Carroll, Johns Hopkins University and NBER

 

 

 

Misuzu Otsuka, Asian Development Bank

 

 

 

Jiri Slacalek, European Central Bank

 

 

 

How Large Is the Housing Wealth Effect? A New Approach

 

 

 

 

 

9:00 a.m.

EFACR

Mark Doms, Federal Reserve Bank of San Francisco

 

 

 

Daniel Vine, Federal Reserve Board

 

 

 

WENDY DUNN, Federal Reserve Board

 

 

 

Changes in Housing Wealth and Consumption:  Did the Linkage Increase in the 2000s?

 

 

 

 

 

9:00 am

EFABG

MATTHIAS DOEPKE,Northwestern and NBER

 

 

 

MICHELE TERTLIT, Stanford University and NBER

 

 

 

Women’s Liberation: What’s in it for Men?

 

 

 

 

 

10:15 am

EFABG

ERZO F.P. LUTTMER and MONICA SINGHAL,

 

 

 

Harvard University and NBER

 

 

 

Culture, Context, and the Taste for Redistribution

 

 

 

 

 

10:15 a.m.

EFACR

Timothy J. Besley, Princeton University

 

 

 

Neil Meads, Bank of England

 

 

 

Paolo Surico, Bank of England

 

 

 

Household External Finance and Consumption

 

 

 

 

 

10:45 a.m

EFACR

DMYTRYO HRYSHKO, University of Alberta

 

 

 

MARIA LUENGO-PRADO, Northeastern University

 

 

 

Home equity and risk sharing

 

 

 

 

 

11:30 a.m.

EFACR

MARIA LUENGO-PRADO, Northeastern University

 

 

 

PAUL SULLIVAN, Bureau of Labor Statistics

 

 

 

Randal Verbrugge, Bureau of Labor Statistics

 

 

 

Kamila Vetechova, Georgetown University

 

 

 

The Dynamics of User Costs and Rents

 

 

 

 

 

11:30 am

EFABG

LINDA WONG, Binghamton University

 

 

 

Black-White Intermarriage

 

 

 

 

 

1:00 pm

EFRSW

LEO KAAS, University of Konstanz

 

 

 

Variable search intensity in an economy with coordination

 

 

 

Unemployment

 

 

 

 

 

1:00 pm

IO

BEN SHILLER, University of Pennsylvania

 

 

 

JOEL WALDFOGEL, University of Pennsylvania and NBER

 

 

 

Music for a Song: An Empirical Look at Uniform Song Pricing and Its Alternatives

 

 

 

 

 

1:30 pm

EFABG

DARON ACEMOGLU, MIT and NBER

 

 

 

DAVIDE TICCHI, University of Urbino

 

 

 

ANDREA VINDIGNI, Princeton University

 

 

 

A Theory of Military Dictatorships

 

 

 

 

 

2:00 pm

EFRSW

RACHEL NGAI, London School of Economics

 

 

 

Hot and Cold Seasons in the Housing Market

 

 

 

(joint with SilvanaTenreyro)

 

 

 

 

 

2:30 pm

IO

GREGORY CRAWFORD, University of Arizona

 

 

 

ALI YURUKOGLU, New York University

 

 

 

The Welfare Effects of Bundling in Multi-Channel Television Markets

 

 

 

 

 

2:45 pm

EFABG

EMMANUEL FARHI, Harvard University and NBER

 

 

 

IVAN WERNING, MIT and NBER

 

 

 

The Political Economy of Nonlinear Capital Taxation

 

 

 

 

 

3:00 pm

EFRSW

ROGER FARMER, UC, Los Angeles

 

 

 

The Great Depression

 

 

 

 

 

4:00 pm

EFABG

KAIVAN MUNSHI, Brown University and NBER

 

 

 

MARK ROSENZWEIG, Yale University

 

 

 

The Efficacy of Parochial Politics: Caste, Commitment, and Competence in Indian Local Governments

 

 

 

 

 

4:00 pm

IO

PHILLIP LESLIE and ALAN SORENSEN,

 

 

 

Stanford University and NBER

 

 

 

The Welfare Effects of Ticket Resale

 

 

 

 

 

5:00 pm

EFABG

PIERRE YARED, Columbia University

 

 

 

A Dynamic Theory of Concessions and War