Philadelphia Workshop on Macroeconomics and Economic Policy


PIER Conference Special Event

PCPSE Room 10
United States


Friday, April 5, 2019

1:00 pm - 2:00 pm Lunch - 3rd Floor Lounge

Inequality, Health, Crime and Political Economy
2:00 pm - 4:00 pm

Satyajit Chatterjee (Philadelphia Fed):
Incumbency Disadvantage of Political Parties: The Role of Policy Inertia and Prospective Voting
DISCUSSANT: Per Krusell (Stockholm University)

Amanda Michaud (Western Ontario):
Dynamics of Deterrence: A Macroeconomic Perspective on Punitive Justice Policy
DISCUSSANT: Paul Klein (Stockholm University)

4:00 pm - 4:30 pm Coffee Break

4:30 pm - 5:30 pm
Josep Pijoan-Mas (Cemfi):
Health Consumption and Inequality (with Victor Rios Rull)
DISCUSSANT: Karen Kopecky (Atlanta Fed)

Saturday, April 6, 2019

8:30 am - 9:00 am Light Breakfast

Credit and Default

9:00 am - 11:00 am

Dean Corbae (University of Wisconsin):
Employer Credit Checks: Poverty Traps versus Matching Efficiency
DISCUSSANT: Hal Cole (Penn)

Makoto Nakajima (Philadelphia Fed):
Optimal Unemployment Insurance with Unsecured Consumer Credit
DISCUSSANT: Sebastian Dyrda (University of Toronto)

11:00 am - 11:30 am Coffee Break

11:30 am - 12:30 pm
Zoe Xie (Atlanta Fed):
Decentralization and Overborrowing in a Fiscal Federation
DISCUSSANT: Fernando Martin (St. Louis Fed)

12:30 pm - 1:30 pm Lunch - 3rd Floor Lounge

Business Cycles and Labor Share

1:30 pm - 3:30 pm
Zhen Huo (Yale):
The Global Business Cycle: Measurement and Transmission
DISCUSSANT: Jesus Fernandez-Villaverde (Penn)

Raul Santaeulalia-Llopis (Autonoma de Barcelona):
Labor Share Decline and Intellectual Property Products Capital
DISCUSSANT: Jacob Short (University of Western Ontario)

3:30 pm - 4:00 am Coffee Break

4:00 pm - 5:00 pm
Kjetil Storesletten (University of Oslo):
Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective
DISCUSSANT: Lee Ohanian (UCLA) and Andy Glover (University of Texas-Austin)

6:00 pm Good-Bye Drinks at Bonners