Juli Plant Grainger Macroeconomics Workshop

Important note:

The Macroeconomics Seminar meets Thursdays at 4:00 pm in 7142 Social Science (Morton Room)
Faculty organizers: Ananth Seshadri

Date	Speaker	Institution	Presentation Title
8/31 *(Please Note: 1:30 PM.)	Nicolò Maffei-Faccioli	Norges Bank	Divergent Perceptions, Divergent Pay: Inflation and the Gender Wage Gap
9/17	Saki Bigio	UCLA	A Theory of Payment Chain Crises
10/1	Sabrina Ben Said	UW–Madison	Who Bears Firm Risk? Employment Contracts, Firm Uncertainty, and Differential Risk Sharing
10/8	Fernando de Lima Lopes	UW–Madison	Competitive Spillovers in Interbank Markets
10/15	Jim Bullard	Purdue	U.S. Monetary Policy Mistakes in the Inflation Targeting Era
10/22	Ayşegül Şahin	Princeton	Job Search, Job Amenities and the Gender Pay Gap
10/29	Marlena Eley	UW–Madison	Death and Taxes: Estate Taxes, Parental Transfers, and Inequality
11/5	Joel Flynn	Yale	TBA

Date	Speaker	Institution	Presentation Title
3/12	Bryan Seegmiller	Northwestern - Kellogg	Artificial Intelligence and the Labor Market
3/19	Kunal Sangani	Northwestern	Cheapflation Cycles
3/26	George Nikolakoudis	University of Chicago	Pricing and Production Without the Invisible Hand

Date	Speaker	Institution	Presentation Title
9/11	David Berger	Duke	Refinancing Frictions, Mortgage Pricing and Redistribution with Konstantin Milbradt, Fabrice Tourre and Joseph Vavra
9/18	Pascal Noel	Chicago Booth	Liquid Wealth and Consumption Smoothing of Typical Labor Income Shocks
9/25	Andy Atkeson	UCLA	Reconciling Macroeconomics and Finance for the U.S. Corporate Sector: 1929 to Present
10/2	Gianluca Violante	Princeton	Job Amenity Shocks and Labor Reallocation
10/16	Michael Nattinger	UW–Madison	Firm Volatility, Layoffs, and Workers’ Permanent Earnings
10/23	Alex von Hafften	UW–Madison	Secondary-Market Capital Prices and Financial Frictions in Real Business Cycles
10/30	Mitchell Valdes Bobes	UW–Madison	Why Remote Work Stuck: A Structural Decomposition of the Post-Pandemic Equilibrium
11/6	Anna Lukianova	UW–Madison	State Income Taxation, Entrepreneurship, and Spatial Inequality in the U.S.
11/13	Yueran Ma	Chicago Booth	Superstar Firms through the Generations
11/20	Aysegul Sahin (CANCELLED)	Princeton	Job Search and the Gender Wage Gap
12/4	Xavier Gabaix	Harvard	A theory of complexity aversion

Date	Speaker	Institution	Presentation Title
2/27	Jennifer La'O	Columbia	Optimal Monetary Policy with Redistribution
3/6	Ricardo Reis	London School of Economics	The Anatomy of a Peg
3/13	Satyajit Chatterjee	FRB - Philadelphia	Explaining Contract Heterogeneity in the Credit Card Market
3/20	Hamish Low	Oxford	Fertility and Family Labor Supply
4/3	Esteban Rossi-Hansberg	University of Chicago	Banks in Space
4/10	TBD	TBD	TBD
4/17	Jose-Victor Rios-Rull (Victor)	UPenn	Real Monetary Policy
4/24	Rowan Shi	Toronto Metropolitan University	Combinatorial Discrete Choice
5/1	CANCELLED	CANCELLED	CANCELLED

Date	Speaker	Institution	Presentation Title
9/5	Boaz Abramson	Columbia Business School	Macroeconomics of Mental Health
9/12	Todd Schoellman	FRB - Minneapolis	Economic Development According to Chandler
9/19	Duong Dang	UW–Madison	Customer capital and firm innovation
9/26	Shannon Sledz	UW–Madison	Who to insure - firms or workers?
10/3	Philip Coyle	UW–Madison	Maturity Walls
10/10	Simon Mongey	FRB Minneapolis	Pricing Inequality
10/17	CANCELLED	CANCELLED	CANCELLED
10/24	Katya Kazakova	UW–Madison	Firm’s Public Listing, Investment, and Financing in the Presence of Private Information
10/31	Tu Cao	UW–Madison	The Welfare Implications of Heterogeneous Wage Rigidities in a Simple New Keynesian Model
11/7	Zhen Huo	Yale	Inattentive Network: Evidence and Theory
11/14	NONE	NONE	NONE
11/21	Iourri Manovskii	Penn	Female Employment and Structural Transformation
12/5	Will Jungerman	UNC Chapel Hill	Learning on the Job
12/12	Chen Lian	UC Berkeley	Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs

Date	Speaker	Institution	Presentation Title
3/7	Florian Trouvain	Princeton	Technology Adoption, Innovation, and Inequality in a Global World
4/4	Bruno Pellegrino	Columbia GSB	Product Differentiation and Oligopoly: a Network Approach
4/11	Zi Yang Kang	Harvard	Optimal Indirect Regulation of Externalities
4/18	Edouard Schaal	CREI	Political Preferences and the Spatial Distribution of Infrastructure: Evidence from California's High-Speed Rail
4/25	Jeremy Greenwood	Penn	'You Will:' A Macroeconomic Analysis of Digital Advertising
5/2	Mark Bils	Rochester	Monopsony and Comparative Advantage

Date	Speaker	Institution	Presentation Title
9/07	Pete Klenow	Stanford University	Good Rents versus Bad Rents: R&D Misallocation and Growth
9/14	Conor Walsh	Columbia Business School	Are Inflationary Shock Regressive? A Feasible Set Approach
9/21	NONE	-	-
9/22	Emerging Scholars Conference	Orchard View Room in Discovery Building	Conference Schedule
9/28	Natalie Duncombe	UW–Madison	Missing Routine Work: Automation and the Life Cycle
10/05	April Meehl	UW–Madison	Bailouts, Bail-ins, and Banking Industry Dynamics
10/10	Wentao Zhou *Room 8417 Social Science	UW–Madison	The Firm Balance Sheet Channel of Uncertainty Shocks
10/12	Ellen McGrattan	University of Minnesota	On the Nature of Entrepreneurship
10/17	Veronica Guerrieri	Chicago Booth	Scaling up the American Dream: a Dynamic Analysis
10/19	Nisha Chikhale	UW–Madison	Parental Beliefs, Social Learning, and Intergenerational Mobility
10/26	Arnaud Costinot	MIT	Why is trade not free? A revealed preference approach
11/02	Joe Hazell	London School of Economics	Measuring the Natural Rate Using Natural Experiments
11/07	Fatih Guvenen *Room 8417 Social Science	University of Minnesota	Skewed Business Cycles
11/09	Julieta Caunedo	University of Toronto	Capital Embodied Structural Change
11/16	Alisdair McKay	FRB Minneapolis	Optimal Policy Rules in HANK
11/28	Ernest Liu	Princeton	Neoclassical Growth in an Interdependent World
12/07	Serdar Birinci	FRB - STL	Labor Market Shocks and Monetary Policy
12/14	Yueyuan Ma	UCSB	Specialization in a Knowledge Economy

Date	Speaker	Institution	Presentation Title
2/23	Alessandra Peter	NYU	Nonlinear Pricing and Misallocation
3/02	Simone Lenzu	NYU Stern	Propagation and Amplification of Local Productivity Spillovers
3/09	Sasha Indarte	Penn Wharton	The Impact of Social Insurance on Household Debt
3/21 (Rm 8417)	Chad Jones	Stanford	Population and Welfare: The Greatest Good for the Greatest Number
3/23	Christina Patterson	Chicago Booth	Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
3/30	Jeanne Commault	Science Po Paris	How Do Persistent Earnings Affect the Response of Consumption to Transitory Shocks?
4/06	Lawrence Schmidt	MIT Sloan	Who Bears the Cost of Aggregate Fluctuations and Why?
4/13	Kjetil Storesletten	University of Minnesota	Serial Entrepreneurship in China
4/27	Hannes Malmberg	University of Minnesota	The Missing Middle Managers: Labor Costs, Firm Structure, and Development
5/9 ROOM 8417	Igor Livshits	Philadelphia Federal Reserve Bank	Building Credit Histories

Date	Speaker	Institution	Presentation Title
9/15	Kristina Manysheva	Princeton	Land Property Rights, Financial Frictions, and Resource Allocation in Developing Countries
9/29	Chris Tonetti	Stanford	Risky Insurance: Life-cycle Insurance Portfolio Choice with Incomplete Markets
10/06	Jason Choi	UW–Madison	Credit Lines and Bank Risk
10/13	Cody Kallen	UW–Madison	Profit Shifting and Multinational Investment
10/20	Wentao Zhou	UW–Madison	The Firm Balance Sheet Channel of Uncertainty Shocks
10/27	Nicolas Werquin	FRB-Chicago	A Fair Day's Pay for a Fair Day's Work: Optimal Tax Design as Redistributional Arbitrage
11/03	Alessandro Dovis	U-Penn	Imperfect Risk Sharing and the Business Cycle
12/01	Tommaso Porzio	Columbia	Self-Employment within the Firm (with Vittorio Bassi, Jung H. Lee , Alessandra Peter, Ritwika Senand Esau Tugume)
12/08	Marina Halac	Yale	A Theory of Fiscal Responsibility and Irresponsibility

Date	Speaker	Institution	Presentation Title
3/10	Anmol Bhandari	Minnesota	Managing Public Portfolios (joint with David Evans, Mikhail Golosov and Thomas Sargent)
3/31	Emi Nakamura	UC Berkeley	Learning About the Long Run
4/7	Erik Hurst	Chicago Booth	The Distributional Impact of the Minimum Wage with Patrick Kehoe, Elena Pastorino, and Tom Winberry
4/21	Stefania Albanesi	Pittsburg	Accuracy and Fairness of Credit Scores
4/28	Emilien Gouin-Bonenfant	Columbia	Asset-Price Redistribution

Date	Speaker	Institution	Presentation Title
9/9	Kaboski, Joseph	Notre Dame	Dispersion in Financing Costs and Development
9/16	Pandalai Nayar, Nitya	UT-Austin	The Long and Short (Run) of Trade Elasticities
9/23	Wright, Randall	UW–Madison	Endogenous Liquidity and Capital Reallocation
9/30	Kaiser, Rosemary	UW–Madison	Alternative Work Arrangements: Business and Life Cycle Implications
10/7	Cheng, Yuteng	UW–Madison	Mandatory Retention Rules and Bank Risk
10/14	Dudareva, Yulia	UW–Madison	Human Capital Investment and College Sorting
10/21	Zhou, Anson	UW–Madison	Building Future Generations: The Macroeconomic Consequences of Family Policies
10/28	Rempel, Mark	UW–Madison	Innovation and Firm Dynamics with Patent Wars
11/4	Bick, Alexander	ASU	Hours and Wages
11/11 VIRTUAL 3:00-4:30 PM	Moll, Benjamin	London School of Economics	Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy
11/16	Moser, Chris	Columbia	The Gender Gap: Micro Sources and Macro Consequences
11/25	none
12/9	Oberfield, Ezra	Princeton	Plants in Space

Date	Speaker	Institution	Presentation Title
3/4	Alp Simsek	Chicago Booth	Monetary Policy with Opinionated Markets with Ricardo J. Caballero
3/11	Hanno Lustig	Stanford GSB	Manufacturing Risk-free Government Debt
3/18	Adrien Bilal	Chicago/Harvard	Outsourcing, Inequality and Aggregate Output
3/25	Martin Beraja	MIT	Demand Composition and the Strength of Recoveries
4/1	Fernando Alvarez	Chicago	The Macroeconomics of Sticky Prices with Generalized Hazard Functions
4/8	Maryam Farboodi	MIT Sloan	Rational Sentiments and Economic Cycles
4/15	Corina Boar	NYU	Markups and Inequality co-authored with Virgiliu Midrigan
4/22	Cosmin Ilut	Duke	Economic agents as imperfect problem solvers
4/29	David Baqaee	UCLA	Growth Accounting with Demand Instability and Income Effects

Date	Speaker	Institution	Presentation Title
09/10 This seminar begin will begin at 11.30 am	Elisa Rubbo	Princeton	Networks, Phillips Curves, and Monetary Policy
09/15 (Tuesday) This seminar will begin at 11.30 am	Gianluca Violante	Princeton	The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S
10/1	Kohei Iwasaki	UW–Madison	Cryptocurrency Bubbles and Costly Mining
10/8	Eirik Brandsaas	UW–Madison	Illiquid Homeownership and the Bank of Mom and Dad
10/15	Francesco Celentano	UW–Madison	How Do Independent Boards Affect Shareholder Value? Evidence from a Structural Estimation
10/22	Yingtong Xie	UW–Madison	The Impact of Pension Plan Shift on Household Risk Exposure
10/29	Ivan Werning	MIT	Dynamic Oligopoly and Price Stickiness
11/5	Greg Kaplan	University of Chicago	Markups, Labor Market Inequality, and the Nature of Work
11/12	Alessandra Fogli	Federal Reserve Bank of Minneapolis	The End of the American Dream? Inequality and Segregation in US Cities
11/19 This seminar will begin at 3 pm	Michael Peters	Yale	European Immigrants and the United States' Rise to the Technological Frontier”, joint with Costas Arkolakis and Sun Kyoung Lee
12/3	Stefanie Stantcheva	Harvard	Understanding Tax Policy: How do People reason?
12/10	Saki Bigio	UCLA	A Model of Intermediation, Money, Interest, and Prices
12/15 (Tuesday)	Emi Nakamura	UC-Berkeley	The Slope of the Phillips Curve: Evidence from U.S. States

Date	Speaker	Institution	Presentation Title
2/27	Rishabh Kirpalani	UW–Madison	Rules without Commitment: Reputation and Incentives
3/5	~~Michael Peters~~	Yale	~~Market Size and Spatial Growth - Evidence from Germany’s Post-War Population Expulsions~~
3/12	~~Alessandra Fogli~~	Minneapolis Fed	~~The End of the American Dream? Inequality and Segregation in US Cities~~
3/26	~~Ivan Werning~~	MIT
4/2	~~Julia Thomas~~	Ohio State
4/9	~~Maryam Farboodi~~	MIT Sloan School of Management
4/16	~~Martin Beraja~~	MIT
4/23	~~David Baqaee~~	UCLA
4/30	~~Joe Kaboski~~	Notre Dame	~~The Stable Transformation Path~~

Date	Speaker	Institution	Presentation Title
9/12	James Hamilton	UCSD	Measuring Labor-Force Participation and the Incidence and Duration of Unemployment
9/19	Kenneth Rogoff	Harvard	Redeemable Platform Currencies
9/26	Joel David	Federal Reserve Bank of Chicago	Risk-Adjusted Capital Allocation and Misallocation
10/3	Zhigang Ge	UW–Madison	Taxing Top Earners: The Role of Entrepreneurs
10/10	Guillermo Ordonez	UPenn	Retirement in the Shadow (Banking)
10/17	Chang Liu	UW–Madison	Regional Risk and Aggregate Fluctuations
10/24	Oksana Leukhina	FRB St. Louis	Imperfect Information Transmission from Banks to Investors: Macroeconomic Implications
10/31	Zehao Li	UW–Madison	Financial Intermediary Leverage and Unemployment
11/7	Christoph Boehm	UT Austin	Convex Supply Curves
11/14	Harold Cole	University of Pennsylvania	Coalition-Proof Risk Sharing Under Frictions
11/21	Simon Mongey	University of Chicago	Labor Market Power
12/5	Hassan Afrouzi	Columbia	Dynamic Rational Inattention and the Phillips Curve

Date	Speaker	Institution	Presentation Title
2/28	Dongho Song	Johns Hopkins University	News Driven Uncertainty Fluctuations
3/7	Gabriel Chodorow Reich	Harvard	Cash and the Economy: Evidence from India's Demonetization
3/14	Ali Shourideh	Carnegie Mellon	Inequality, Redistribution, and Optimal Trade Policy: A Public Finance Approach
3/28	Anna Cieslak	Duke	The Economics of the Fed Put
4/4	Ludwig Straub	Harvard	Micro Jumps, Macro Humps: monetary policy and business cycles in an estimated HANK model
4/11	Ross Levine	UC-Berkeley	Selection into Entrepreneurship and Self-Employment
4/18	Anil Kashyap	Chicago Booth	Optimal Bank Regulation in the Presence of Credit and Run Risk
5/2	Eric Sims	Notre Dame	Evaluating Central Banks’ Toolkit: Past, Present, and Future
5/9	Michele Tertilt	Mannheim	Consumer Credit with Over-Optimistic Borrowers