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style='width:558.75pt;mso-cellspacing:0in;mso-yfti-tbllook:1184;mso-padding-alt: 0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'>Authors, please upload your paper </span><span style='font-size:11.0pt;font-family: "Arial","sans-serif"'><a href="http://www.nber.org/confsubmit/backend/form?id=si13EFRSW"><span style='mso-fareast-font-family:"Times New Roman"'>here</span></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>SI 2013 Macro Perspectives <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Richard <span class=SpellE>Rogerson</span>, Robert <span class=SpellE>Shimer</span>, and Randall Wright, Organizers <o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>July 15-19, 2013<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=743 style='width:557.25pt;border-collapse:collapse;mso-yfti-tbllook:1184; mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=743 valign=top style='width:557.25pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Royal <span class=SpellE>Sonesta</span> Hotel<o:p></o:p></span></p> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Charles A Meeting Room<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=743 valign=top style='width:557.25pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>40 Edwin H. Land Boulevard<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2;mso-yfti-lastrow:yes'> <td width=743 valign=top style='width:557.25pt;padding:0in 5.4pt 0in 5.4pt'> <p class=MsoNormal align=center style='text-align:center'><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Cambridge, Massachusetts<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> </table> </td> </tr> <tr style='mso-yfti-irow:6;mso-yfti-lastrow:yes'> <td width=745 valign=top style='width:558.75pt;padding:.75pt .75pt .75pt .75pt'> <h2 align=center style='text-align:center'><u><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'>PRELIMINARY PROGRAM</span></u><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></h2> </td> </tr> </table> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p>&nbsp;</o:p></span></p> <table class=MsoNormalTable border=0 cellpadding=0 style='mso-cellspacing:1.5pt; mso-yfti-tbllook:1184;mso-padding-alt:0in 5.4pt 0in 5.4pt'> <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> <td width=747 colspan=2 valign=top style='width:560.6pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><b style='mso-bidi-font-weight:normal'><u><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Monday, July 15:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></u></b></p> </td> </tr> <tr style='mso-yfti-irow:1'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>12:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Lunch<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:2'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 1:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> John <span class=SpellE>Kennes</span>, University of Aarhus<br> Daniel le <span class=SpellE>Maire</span>, University of Copenhagen<br> <i>Coordination Frictions and Job Heterogeneity</i><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:3'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 2:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Peter Rupert, University of California at Santa Barbara<br> Guillaume <span class=SpellE>Rocheteau</span>, University of California at Irvine<br> Zachary Bethune, University of California at Santa Barbara<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Bethune.pdf"><i>Unemployment and Household Unsecured Debt </i></a></span><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:4'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:5'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 3:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> </span><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;font-style:normal;mso-bidi-font-style:italic'>Philipp <span class=SpellE>Kircher</span>, London School of Economics</span></cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif";color:black; mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Gene Grossman, Princeton University and NBER</span></cite><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Elhanan <span class=SpellE>Helpman</span>, Harvard University and NBER</span></cite><i><br> </i></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Grossman_Helpman_Kircher.pdf"><i>Sorting and Matching in a Global Economy </i></a></span><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:6'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 4:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Pieter Gautier, VU Amsterdam<br> Christian <span class=SpellE>Holzner</span>, University of Munich<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="https://sites.google.com/site/pietgautier/networksearch.pdf?attredirects=0"><i>Simultaneous Search and Network Efficiency </i></a></span><i><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span></i><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:7'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>5:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Adjourn<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:8'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:9'> <td width=747 colspan=2 valign=top style='width:560.6pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><b style='mso-bidi-font-weight:normal'><u><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Tuesday, July 16:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span></u></b><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:10'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>12:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Lunch<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:11'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 1:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Marcus <span class=SpellE>Hagedorn</span>, Institute for Advanced Studies <br> <span class=SpellE>Fatih</span> <span class=SpellE>Karahan</span>, University of Pennsylvania<br> <span class=SpellE>Iourii</span> <span class=SpellE>Manovskii</span>, University of Pennsylvania and NBER<br> Kurt <span class=SpellE>Mitman</span>, University of Pennsylvania<br> <i>Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects</i><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:12'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>2:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;font-style:normal;mso-bidi-font-style:italic'>Julio <span class=SpellE>Rotemberg</span>, Harvard University and NBER</span></cite><i><span style='font-size:11.0pt;font-family:"Arial","sans-serif";color:black'><br> </span></i><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Rotemberg.pdf"><i>Prominent Job Advertisements, Group Learning and Wage Dispersion </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:13'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:14'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 3:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <span class=SpellE>Rasmus</span> Lentz, University of Wisconsin, Madison and NBER<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Lentz.pdf"><i>Optimal Wage-Tenure Contracts without Search Intensity Commitment </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:15'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 4:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Jeremy <span class=SpellE>Lise</span>, University College London<br> Jean-Marc Robin, Sciences Po<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="https://dl.dropboxusercontent.com/u/2953048/Lise_Robin_Macro_Sorting.pdf"><i>The Macro-dynamics of Sorting between Workers and Firms </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:16'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>5:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;font-style:normal;mso-bidi-font-style:italic'>Adjourn<o:p></o:p></span></cite></p> </td> </tr> <tr style='mso-yfti-irow:17'> <td width=747 colspan=2 valign=top style='width:560.6pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><b style='mso-bidi-font-weight:normal'><u><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Wednesday, July 17:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span></u></b><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:18'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>12:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;font-style:normal;mso-bidi-font-style:italic'>Lunch</span></cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif";color:black; mso-bidi-font-style:italic'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><cite><span style='font-family:"Arial","sans-serif";font-style: normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></p> </td> </tr> <tr style='mso-yfti-irow:19'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>1:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Robert E. Hall, Stanford University and NBER<br> Andreas Mueller, Columbia University<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Hall_Mueller.pdf"><i>Wage Dispersion and Search Behavior </i></a></span><span style='font-size:11.0pt; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:20'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 2:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Philip Jung, University of Mannheim<br> Moritz Kuhn, University of Bonn<br> <i>Earnings Losses and Labor Mobility over the Lifecycle</i><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:21'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:22'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 3:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <span class=SpellE>Ufuk</span> <span class=SpellE>Akcigit</span>, University of Pennsylvania and NBER<br> Murat Alp. <span class=SpellE>Celik</span>, University of Pennsylvania<br> Jeremy Greenwood, University of Pennsylvania and NBER<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Akcigit_Celik_Greenwood.pdf"><i>Buy, Keep, or Sell: Theory and Evidence from Patent <span class=SpellE>Resales</span> </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:23'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 4:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> </span><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;font-style:normal;mso-bidi-font-style:italic'>Sam <span class=SpellE>Schulhofer-Wohl</span>, </span></cite><span class=st><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Federal Reserve Bank of Minneapolis</span></span><span style='font-size:11.0pt;font-family: "Arial","sans-serif";color:black;mso-bidi-font-style:italic'><br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.minneapolisfed.org/research/wp/wp707.pdf"><i>The Age-Time-Cohort Problem and the Identification of Structural Parameters in Life-Cycle Models </i></a></span><span style='font-size:11.0pt;font-family: "Arial","sans-serif";mso-fareast-font-family:"Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:24'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>5:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Adjourn<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:25'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>6:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Clambake, Royal <span class=SpellE>Sonesta</span> Hotel, 40 Edwin H. Land Boulevard, Cambridge, MA<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:26'> <td width=747 colspan=2 valign=top style='width:560.6pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><b style='mso-bidi-font-weight:normal'><u><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Thursday, July 18:<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></span></u></b><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:27'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>12:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Lunch<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:28'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 1:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Toshihiko <span class=SpellE>Mukoyama</span>, University of Virginia<br> Christina Patterson, Federal Reserve Bank of New York<br> <span class=SpellE>Aysegul</span> <span class=SpellE>Sahin</span>, Federal Reserve Bank of New York<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="https://sites.google.com/site/toshimukoyama/searcheffort.pdf?attredirects=0"><i>Job Search Behavior over the Business Cycle </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:29'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'></td> </tr> <tr style='mso-yfti-irow:30'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>2:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Jason <span class=SpellE>Faberman</span>, Federal Reserve Bank of Chicago<br> Marianna <span class=SpellE>Kudlyak</span>, Federal Reserve Bank of Richmond<br> </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Faberman_Kudlyak.pdf"><i>The Intensity of Job Search and Search Duration </i></a></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:31'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>3:00 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Break<o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:32'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 3:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Theodore <span class=SpellE>Papageorgiou</span>, Pennsylvania State University<br> <i><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Papageorgiou.pdf">Worker Sorting and Agglomeration Economies</a></i><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:33'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> 4:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> Benjamin Lester, Federal Reserve Bank of Philadelphia<br> Ronald <span class=SpellE>Wolthoff</span>, University of Toronto<br> <span class=SpellE>Ludo</span> <span class=SpellE>Visschers</span>, </span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Universidad Carlos III, Madrid</span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <i><a href="http://www.nber.org/confer/2013/SI2013/EFRSW/Lester_Wolthoff_Visschers.pdf">Competing with Asking Prices</a></i><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:34'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>5:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'>Adjourn<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:35'> <td width=747 colspan=2 valign=top style='width:560.6pt;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><b style='mso-bidi-font-weight:normal'><u><span style='font-size:11.0pt;font-family:"Arial","sans-serif";mso-fareast-font-family: "Times New Roman"'>Friday, July 19:</span></u></b><cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif";color:black; font-style:normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></p> </td> </tr> <tr style='mso-yfti-irow:36'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'></td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'><br> Joint meeting with the Aggregate Implications of Micro Consumption Behavior group<br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:37'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>8:30 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>Coffee and Pastries<span style='color:black; mso-bidi-font-style:italic'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><cite><span style='font-family:"Arial","sans-serif";font-style: normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></span></p> </td> </tr> <tr style='mso-yfti-irow:38'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>9:00 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><cite><span style='font-size:11.0pt; font-family:"Arial","sans-serif";color:black;font-style:normal;mso-bidi-font-style: italic'>Martin Schneider, </span></cite><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>Stanford University and NBER<span style='color:black;mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Monika <span class=SpellE>Piazzesi</span>, </span></cite></span>Stanford University and NBER<span style='color:black;mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Johannes <span class=SpellE>Stroebel</span>, University of Chicago</span></cite><br> <cite><span style='font-family:"Arial","sans-serif"'>Segmented Housing Search</span></cite><cite><span style='font-family:"Arial","sans-serif";font-style:normal;mso-bidi-font-style: italic'> </span></cite><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><cite><span style='font-family:"Arial","sans-serif";font-style: normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></span></p> </td> </tr> <tr style='mso-yfti-irow:39'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>10:00 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><cite><span style='font-size:11.0pt; font-family:"Arial","sans-serif";color:black;font-style:normal;mso-bidi-font-style: italic'>Randall Wright, University of Wisconsin, </span></cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Madison<cite><span style='font-family:"Arial","sans-serif";color:black;font-style:normal; mso-bidi-font-style:italic'> and NBER</span></cite><span style='color:black; mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Chao He, </span></cite></span><span class=SpellE>Renmin</span> University of China<span style='color:black;mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif";font-style:normal; mso-bidi-font-style:italic'>Yu Zhu, University of Wisconsin, </span></cite></span>Madison<span style='color:black;mso-bidi-font-style:italic'><br> <cite><span style='font-family:"Arial","sans-serif"'>Housing and Liquidity</span></cite></span><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><o:p></o:p></span></p> </td> </tr> <tr style='mso-yfti-irow:40'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>11:00 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><cite><span style='font-size:11.0pt; font-family:"Arial","sans-serif";color:black;font-style:normal;mso-bidi-font-style: italic'>Break</span></cite><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; color:black;mso-bidi-font-style:italic'><br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><cite><span style='font-family:"Arial","sans-serif";font-style: normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></p> </td> </tr> <tr style='mso-yfti-irow:41'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>11:30 am<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>Jose <span class=SpellE>Mustre</span>-del-Rio, Federal Reserve Bank of Kansas City<br> William B. Peterman, <span class=SpellE>Fedearl</span> Reserve Board<br> <i>The Aggregate Implications of Labor Supply Near Retirement</i><span style='color:black;mso-bidi-font-style:italic'><br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]><cite><span style='font-family:"Arial","sans-serif";font-style: normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></span></p> </td> </tr> <tr style='mso-yfti-irow:42'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>12:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span class=SpellE><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'>Valentina</span></span><span style='font-size:11.0pt;font-family:"Arial","sans-serif"'> <span class=SpellE>Michelangeli</span>, Dr., Bank of Italy<br> <span class=SpellE>Giacomo</span> <span class=SpellE>Rodano</span>, <span class=SpellE>Banca</span> <span class=SpellE>d'Italia</span><br> <span class=SpellE>Filippo</span> <span class=SpellE>Scoccianti</span>, <span class=SpellE>Sr</span>, Bank of Italy<br> <i>Housing Tenure as an Insurance Device<br style='mso-special-character: line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></i><cite><span style='font-family:"Arial","sans-serif";color:black; font-style:normal;mso-bidi-font-style:italic'><o:p></o:p></span></cite></span></p> </td> </tr> <tr style='mso-yfti-irow:43;mso-yfti-lastrow:yes'> <td width=96 valign=top style='width:1.0in;padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><span style='font-size:11.0pt; font-family:"Arial","sans-serif"'>1:30 pm<o:p></o:p></span></p> </td> <td valign=top style='padding:.75pt .75pt .75pt .75pt'> <p class=MsoNormal style='tab-stops:1.0in'><cite><span style='font-size:11.0pt; font-family:"Arial","sans-serif";color:black;font-style:normal;mso-bidi-font-style: italic'>Adjourn<o:p></o:p></span></cite></p> </td> </tr> </table> <p class=MsoNormal><span style='font-size:11.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman"'><br> <i style='mso-bidi-font-style:normal'><br style='mso-special-character:line-break'> <![if !supportLineBreakNewLine]><br style='mso-special-character:line-break'> <![endif]></i><o:p></o:p></span></p> </div> </body> </html>