Philadelphia Workshop on Macroeconomics and Economic Policy


PIER Conference
Philadelphia Federal Reserve Bank of Philadelphia

7th and Arch Streets

Philadelphia, PA

United States

FRB Philadelphia, Penn Institute for Economic Research, Fels Policy Research Initiative, and the International Economic Review

Organizers: Satyajit Chatterjee, Dirk Krueger, Ben Lester, and Guido Menzio

Thursday, April 6, 7:00 PM – 9:00 PM Conference Dinner @ (by invitation only)

Friday, April 7, 8:15 AM – 4:15 PM, Conference Center, Federal Reserve Bank of Philadelphia


8:15 AM – 8:45 AM: Continental Breakfast
8:45 AM – 9:30 AM Markus Brunnermeier and Yann Koby, “The Reversal Interest Rate: The Effective Lower Bound of Monetary Policy”
9:30 AM – 10:15 AM Daniel Greenwald, “The Mortgage Credit Channel of Macroeconomic Transmission”
10:15 AM – 10:30 AM Coffee Break
10:30 AM – 11:15 AM Aaron Hedlund, Fatih Karahan, Kurt Mitman, and Serdar Ozkan, “Monetary Policy, Heterogeneity, and the Housing Channel”
11:15 AM – 12:00 PM Nicholas Bloom, Fatih Guvenen, and Sergio Salgado, “Skewed Business Cycles”
12:00 PM – 1:00 PM Lunch
1:00 PM – 1:45 PM Jess Benhabib, Alberto Bisin, and Mi Luo, “Wealth distribution and social mobility: A quantitative approach”
1:45 PM – 2:30 PM Mark Aguiar, Mark Bils, and Erik Hurst, “Leisure, Luxuries, and the Labor Supply of Young Men”
2:30 PM – 2:45 PM Coffee Break
2:45 PM – 3:30 PM  Daron Acemoglu and Pascual Restrepo, “Secular Stagnation? The Effect of Aging on Economic Growth in the Age of Automation”
3:30 PM – 4:15 PM Guido Matias Cortes, Nir Jaimovich, Henry Siu, “Disappearing Routine Jobs: Who, How, and Why?”

Register here: