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NATIONAL BUREAU OF ECONOMIC RESEARCH, INC

 

SUMMER INSTITUTE 2009

 

Aggregate Implications of Microeconomic Consumption Behavior Workshop

 

July 13 - 17, 2009

 

Orazio Attanasio, Christopher Carroll, and Jose-Victor Rios-Rull, Organizers

 

Royal Sonesta Hotel

40 Edwin H. Land Blvd.

Cambridge, MA

 

PROGRAM

 

MONDAY, JULY 13: 

 

 

 8:15 am

Coffee and Pastries

 

 

 

Joint with the Conference on Research on Income and Wealth

 

 

 8:45 am

ORAZIO ATTANASIO, University College London and NBER

 

Opening Remarks

 

 

 9:15 am

KAREN GOLDENBERG, Bureau of Labor Statistics

 

JAY RYAN, Bureau of Labor Statistics

 

Evolution and Change in the Consumer Expenditure Surveys: Adapting Methodologies to Meet Changing Needs

 

 

 

THESIA GARNER, Bureau of Labor Statistics

 

WILLIAM PASSERO, Bureau of Labor Statistics

 

Strengths and Weaknesses of the CE from a BLS Perspective

 

 

10:15 am

Break

 

 

10:45 am

PANEL DISCUSSION

 

JAMES POTERBA (Chair), MIT and NBER

 

BARRY BOSWORTH, Brookings Institution

 

CHRISTOPHER CARROLL, Johns Hopkins University and NBER

 

J. STEPHEN LANDEFELD, Bureau of Economic Analysis

 

JONATHAN PARKER. Northwestern University and NBER

 

 

12:15 am

ROBERT MCCLELLAND, Bureau of Labor Statistics

 

Reply and Final Thoughts

 

 

12:30 pm

Lunch

 

 

1:30 pm

ERICH BATTISTIN, University of Padova

 

MARIO PADULA, University of Venice

 

Survey Instruments and the Reports of Consumption Expenditures:

 

Evidence from the Consumer Expenditure Surveys

 

 

 

Discussant: DAVID JOHNSON, Bureau of the Census

 

 

 2:30 pm

MICHAEL HURD, Rand Corporation and NBER

 

SUSANN ROHWEDDER, Rand Corporation

 

Methodological Innovations in Collecting Spending Data:

 

The HRS Consumption and Activities Mail Survey

 

 

 

Discussant: FRANK STAFFORD, University of Michigan

 

 

 3:30 pm

Break

 

 

 4:00 pm

BRUCE D. MEYER, University of Chicago and NBER

 

JAMES X. SULLIVAN, University of Chicago

 

Five Decades of Consumption and Income Poverty

 

 

 

Discussant: TIMOTHY SMEEDING, University of Wisconsin - Madison

 

 

 5:00 pm

Adjourn

 

 

TUESDAY, JULY 14:

 

 

 8:30 am

Coffee and Pastries

 

 

 9:00 am

JONATHAN PARKER, Northwestern and NBER

 

ANNETTE VISSING-JORGENSEN, Northwestern and NBER

 

NICHOLAS ZIEBARTH, Northwestern University

 

Inequality in Expenditure in the Twentieth Century

 

 

10:00 am

Break

 

 

10:15 am

VINCENZO QUADRINI, University of Southern California

 

Health insurance and Entrepreneurship

 

 

11:15 am

Break

 

 

11:30 am

HAMISH LOW, Trinity College Cambridge

 

LUIGI PISTAFERRI, Stanford University

 

Disability Risk, Disability Insurance and Life Cycle Behavior

 

 

12:30 pm

Lunch

 

 

1:30 pm

JONATHAN SKINNER, Dartmouth College and NBER

 

VICTOR STANGO, UC, Davis

 

JONATHAN ZINMAN, Dartmouth College

 

Consumption and the Housing Wealth Collapse

 

 

2:15 pm

DEAN KARLAN, Yale University

 

MARGARET McCONNELL, California Institute of Technology

 

SENDHIL MULLAINATHAN, Harvard University

 

JONATHAN ZINMAN, Dartmouth College

 

Getting to the Top of Mind: Limited Attention, Borrowing, and Saving

 

 

3:00 pm

Break

 

 

3:15 pm

ATIF MIAN and AMIR SUFI, University of Chicago and NBER

 

House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis

 

 

4:00 pm

SHANE JENSEN, Wharton School

 

STEPHEN SHORE, Johns Hopkins University

 

Changes in the Distribution of Income Volatility

 

 

4:45 pm

Adjourn

 

 

WEDNESDAY, JULY 15:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

DMYTRO HRYSHKO, University of Alberta

 

RIP to HIP: The Data Reject Heterogeneous Labor Income Profiles

 

 

9:45 am

JAMES FEIGENBAUM, Utah State University

 

GENG LI, Federal Reserve Bank

 

Semiparametric Characterizations of Income Dynamics

 

 

10:30 am

Break

 

 

10:45 am

SATYAJIT CHATTERJEE, Federal Reserve Bank of Philadelphia

 

FELICIA IONESCU, Colgate University

 

Insuring College Failure Risk

 

 

11:30 am

ALEJANDRO BADEL, Georgetown University

 

Understanding Permanent Black-White Inequality: Neighborhood Human Capital Externalities and Residential Segregation

 

 

12:15 pm

Lunch and Adjourn

 

 

 6:00 pm

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

 

 

THURSDAY, JULY 15:

 

 

8:30 am

Coffee

 

 

9:00 am

DEAN CORBAE, University of Texas Austin

 

ERWAN QUINTIN, Federal Reserve Bank of Dallas

 

Mortgage Innovation and the Foreclosure Boom

 

 

10:00 am

Break

 

 

10:15 am

MATTEO IACOVIELLO, Boston College

 

MARINA PAVAN, University College, Dublin

 

Housing and Debt over the Life Cycle and over the Business Cycle

 

 

11:15 am

Break

 

 

11:30 am

MARCUS HAGEDORN, University of Zurich

 

IOURII MANOVSKI, University of Pennsylvania

 

Wages over the Business Cycle: Spot Markets?

 

 

12:30 pm

Lunch and Adjourn

 

 

FRIDAY, JULY 16:

 

 

8:30 am

Coffee and Pastries

 

 

9:00 am

THOMAS HINTERMAIER, Institue for Advanced Studies, Vienna

 

WINFRIED KOENIGER, Queen Mary College, U of London

 

Bankruptcy and Debt Portfolios

 

 

9:30 am

ETHAN COHEN-COLE, University of Maryland, College Park

 

BURCU DUYGAN-BUMP and JUDIT MONTORIOL-GARRIGA,

 

Federal Reserve Bank of Boston

 

Forgive and Forget: Who Gets Credit after Bankruptcy and Why?

 

 

10:00 am

Break

 

 

10:15 am

SONG HAN and GENG LI, Federal Reserve Board

 

Household Borrowing after Personal Bankruptcy

 

 

11:15 am

Break

 

 

11:30 am

JOCHEN MANKART, London School of Economics

 

GIACOMO RODANO, Banca d'Italia and LSE

 

Personal Bankruptcy Law, Debt Portfolios and Entrepreneurship

 

 

12:15 pm

Lunch and Adjourn

 

 

 

 

 

 

 

 

 

 

 

 

5/28/09