NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

 

SUMMER INSTITUTE 2007

 

NBER Economic Fluctuations and Growth

Macro Perspectives Workshop

 

July 16 – 20, 2007

 

Richard Rogerson, Robert Shimer and Randall Wright, Organizers

 

Royal Sonesta Hotel

Parkview Room

40 Edwin H. Land Blvd.

Cambridge, Massachusetts

 

PROGRAM

 

MONDAY, JULY 16:

 

 

12:00 n

Lunch

 

 

 1:00 pm

DALE MORTENSEN, Northwestern University and NBER

 

Island Matching

 

 

 1:50 pm

FERNANDO ALVAREZ and ROBERT SHIMER, University of Chicago and NBER

 

Search and Rest Unemployment

 

 

 2:40 pm

GUIDO MENZIO, University of Pennsylvania

 

A Search Theory of Rigid Prices

 

 

 3:30 pm

Break

 

 

 4:00 pm

RUSSELL COOPER, University of Texas and NBER

 

JOHN HALTIWANGER, University of Maryland and NBER

 

JONATHAN WILLIS, Federal Reserve Bank of Kansas City

 

Search Frictions: Matching Aggregate and Establishment Observations

 

 

 4:50 pm

MARCELO VERACIERTO, Federal Reserve Bank of Chicago

 

Establishment Dynamics and Matching Frictions in Classical Competitive Equilibrium

 

 

 5:40 pm

Adjourn

 

 

TUESDAY, JULY 17:

 

 

12:00 n

Lunch

 

 

 1:00 pm

ROBERT HALL, Stanford University and NBER

 

Sources and Mechanisms of Cyclical Fluctuations in the Labor Market

 

 

 1:50 pm

GIUSEPPE MOSCARINI, Yale University and NBER

 

FABIEN POSTEL-VINAY, CREST-INSEE

 

Can the Timing of Labor Market Expansions be Explained by (the Transitional Dynamics of) the Burdett-Mortensen Model?

 

 

 2:40 pm

SHOUYONG SHI, University of Toronto

 

Directed Search for Equilibrium Wage-Tenure Contracts

 

 

 3:30 pm

Break

 

 

 4:00 pm

CHRISTIAN HAEFKE, Institute for Advanced Studies, Vienna

 

MARCUS SONTAG, University of Bonn 

 

THIJS VAN RENS, CREI

 

Wage Rigidity and Job Creation

 

 

 4:50 pm

CHRISTOPHER PISSARIDES, London School of Economics

 

The Unemployment Volatility Puzzle: Is Wage Stickiness the Answer?

 

 

 5:40 pm

Adjourn

 

 

WEDNESDAY, JULY 18:

 

 

 12:00 n

Lunch

 

 

 1:00 pm

BJORN BRUGEMANN, Yale University

 

What Quit and Layoff Patterns Reveal about the Efficiency of Turnover

 

 

 1:50 pm

JASON FABERMAN, Bureau of Labor Statistics

 

EVA NAGYPAL, Northwestern University

 

The Effect of Quits on Worker Recruitment: Theory and Evidence

 

 

 2:40 pm

MARK AGUIAR, Federal Reserve Bank of Boston

 

ERIK HURST, University of Chicago and NBER

 

Re-Examining Life Cycle Expenditure

 

 

 3:30 pm

Break

 

 

4:00 pm

NEZIH GUNER, REMZI KAYGUSUZ and GUSTAVO VENTURA, Pennsylvania State University

 

Taxation, Aggregates and the Household

 

 

 4:50 pm

RICHARD ROGERSON, Arizona State University and NBER

 

JOHANNA WALLENIUS, Arizona State University

 

Micro and Macro Elasticities in a Life Cycle Model with Taxes

 

 

 5:40 pm

Adjourn

 

 

 6:00 pm

Clambake, Harvard Faculty Club, 20 Quincy Street, Cambridge, MA

 

 

THURSDAY, JULY 19:

 

 

12:00 n

Lunch

 

 

 1:00 pm

STEFANIA ALBANESI, Columbia University and NBER

 

CLAUDIA OLIVETTI, Boston University

 

Gender Roles and Technological Progress

 

 

 1:50 pm

XIMENA PENA, Georgetown University

 

Assortative Matching and the Education Gap

 

 

 2:40 pm

LIMOR GOLAN and GEORGE-LEVI GAYLE, Carnegie Mellon University

 

Estimating a Dynamic Adverse-Selection Model: Labor Force Experience and the Changing Gender Earnings Gap

 

 

 3:30 pm

Break

 

 

 4:00 pm

ALESSANDRA FOGLI and LAURA VELDKAMP, New York University

 

The Geography of Labor Force Participation

 

 

 4:50 pm

Aubhik Khan, Federal Reserve Bank of Philadelphia

 

Julia Thomas, Federal Reserve Bank of Philadelphia and NBER

 

Idiosyncratic Shocks and the Role of Nonconvexities in Plant and Aggregate Investment Dynamics

 

 

 5:40- pm

Adjourn

 

 

FRIDAY, JULY 20:

 

 

12:00 n

Lunch

 

 

 1:00 pm

AXEL ANDERSON ,JAMES ALBRECHT, and SUSAN VROMAN,

 

Georgetown University

 

Search by Committee

 

 

 1:50 pm

HYEOK JEONG and YONG KIM, University of Southern California

 

IOURII MANOVSKII, University of Pennsylvania

 

Demographic Change and Relative Wages

 

 

 2:40 pm

BOYAN JOVANOVIC, New York University and NBER

 

BALAZS SZENTES, University of Chicago

 

IPO Underpricing: Auctions vs. Book Building

 

 

3:30 pm

Adjourn

 

 

 

 

 

 

 

 

7/3/07