NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
SUMMER INSTITUTE 2002
Aggregate Implications of Microeconomic Consumption Behavior
Orazio Attanasio, Christopher Carroll, and Jose-Victor Rios-Rull, Organizers
Royal Sonesta Hotel
5 Cambridge Parkway
Cambridge, Massachusetts
July 22-26, 2002
PRELIMINARY PROGRAM
MONDAY, JULY 22:
8:30 AM Coffee and Pastries
9:00 AM RAFFAELE MINIACI and GUGLEILMO WEBER, Padua University
CHIARA MONFARDINI, University of Bologna
Is there a Retirement Consumption Puzzle in Italy?
10:00 AM Break
10:15 AM HAMISCH LOW, Cambridge University
COSTAS MEGHIR, University College London
LUIGI PISTAFERRI, Stanford University
Wage Risk, Employment Risk, and Precautionary Saving
11:15 AM ERIC FRENCH, Federal Reserve Bank of Chicago
JOHN JONES,
On the Distribution and Dynamics of Health Costs
12:15 PM Lunch and Adjourn
TUESDAY, JULY 23:
8:30 AM Coffee and Pastries
JOINT WITH NBER-CRIW CONSUMER EXPENDITURE SURVEY
RESEARCH CONFERENCE
9:00 AM ERICH BATTISTIN, Institute for Fiscal Studies
Errors in Survey Reports of Consumption Expenditures
9:45 AM JONATHAN A. PARKER, Princeton University and NBER
BRUCE PRESTON, Princeton University
Precautionary Saving and Consumption Fluctuations
10: 30 AM Break
SI02 EFACR program
page two
10: 45 AM ALBERT ANDO, University of Pennsylvania and NBER
A Micro-Simulation Model of U. S. Households
11: 30 AM JEREMY NALEWAIK, University of Chicago
The Response of Consumption Growth to Expected Future Income Growth: Synthetic Panel Evidence
12:15 PM Lunch and Adjourn
WEDNESDAY, JULY 24:
8:30 AM Coffee and Pastries
9:00 AM MAURIZIO MAZZOCCO, University of Wisconsin
Individual Euler Equations Rather than Household Euler Equations
10:00 AM Break
10:15 AM DAVID DOMEIJ and MARTIN FLODEN, Stockholm University
The Labor-Supply Elasticity and Borrowing Constraints:
Why Estimates are Biased
11:15 AM CHRISTOPHER CARROLL, Johns Hopkins University and NBER
MARTIN SOMMER, Johns Hopkins University
The Epidemiology of Consumption
12:15 PM Lunch and Adjourn
6:00 PM Clambake at the Harvard Faculty Club
20 Quincy Street
Cambridge, MA
THURSDAY, JULY 25:
8:30 AM Coffee and Pastries
9:00 AM MAKOTO NAKAJIMA, University of Pennsylvania
JOSE-VICTOR RIOS-RULL, University of Pennsylvania and NBER
Default and Aggregate Fluctuations
10:00 AM Break
10:15 AM JOSEP PIJOAN-MAS, University College London
Pricing Risk in Economies with Heterogeneous Agents and Incomplete
Markets
11:15 AM MICHAEL HALIASSSOS, University of Cyprus
MICHAEL REITER, University Pompeu Fabra
Co-Existence of Credit Card Debt with Liquid and Retirement Assets:
Two Puzzles or None?
12:15 PM Lunch and Adjourn
SI02 EFACR program
page three
FRIDAY, JULY 26:
8:30 AM Coffee and Pastries
9:00 AM ENNIO STACCHETTI and DMITRIY STOLYAROV,
University of Michigan
Durable Goods and Aggregate Fluctuations
10:00 AM Break
10:15 AM MARJORIE FLAVIN, UC, San Diego and NBER
Owner Occupied Housing in the Presence of Adjustment Costs
11:15 AM ANTONIA DIAZ and MARIA LUENGO-PRADO,
Universidad Carlos III de Madrid
Durable Goods and the Wealth Distribution
12:15 PM Lunch and Adjourn
6/6/02