NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

Macroeconomics and Individual Decision Making Conference

George Akerlof and Robert Shiller, Organizers

November 1, 2003

NBER

2^nd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, Massachusetts

PROGRAM

SATURDAY, NOVEMBER 1:

8:15 AM Shuttle Van Departs Royal Sonesta Hotel for 1050 Massachusetts Avenue

8:30 AM Continental Breakfast

9:00 AM JAMES CHOI, Harvard University

DAVID LAIBSON, Harvard University and NBER

BRIGITTE MADRIAN, University of Chicago and NBER

ANDREW METRICK, University of Pennsylvania and NBER

Active Decisions: A Natural Experiment in Savings

Discussant: ANNAMARIA LUSARDI, Dartmouth College

10:00 AM Coffee Break

10:30 AM ALBERTO ALESINA, Harvard University and NBER

GEORGE-MARIOS ANGELETOS, MIT and NBER

Fairness and Redistribution: US versus Europe

Discussant: ROLAND BENABOU, Princeton University and NBER

11:30 AM N. GREGORY MANKIW, Council of Economic Advisers and NBER

RICARDO REIS, Harvard University

JUSTIN WOLFERS, Stanford University and NBER

Disagreement about Inflation Expectations

Discussant: STEPHEN CECCHETTI, Brandeis University and NBER

12:30 PM Lunch

1:30 PM XAVIER GABAIX, MIT and NBER

DAVID LAIBSON, Harvard University and NBER

Industrial Organization with Boundedly Rational Consumers

Discussant: BARRY NALEBUFF, Yale University

2:30 PM Coffee Break

3:00 PM ROBERT CHIRINKO, Emory University

HUNTLEY SCHALLER, Carleton University

Glamour vs. Value: The Real Story

Discussant: JASON CUMMINS, Federal Reserve Board

4:00 PM ROBERT MACCULLOCH, Princeton University

RAFAEL DI TELLA, Harvard University

Why Doesn't Capitalism Flow to Poor Countries?

Discussant: SIMEON DJANKOV, World Bank

5:00 PM Adjourn

10/20/03