Meetings Winter/Spring 2021

Industrial Organization

Members of the NBER’s Industrial Organization Program met February 12–13 online. Faculty Research Fellow Thomas R. Covert of the University of Chicago and Research Associates Ginger Zhe Jin of the University of Maryland and Ali Yurukoglu of Stanford University organized the meeting. These researchers’ papers were presented and discussed:

• Andrew Butters and Jackson Dorsey, Indiana University, and Gautam Gowrisankaran, University of Arizona and NBER, “Soaking Up the Sun: Battery Investment, Renewable Energy, and Market Equilibrium”
• Michael Ostrovsky, Stanford University and NBER, “Choice Screen Auctions” (NBER Working Paper 28091)
• Tuba Tuncel, HEC Montréal, “Should We Prevent Off-Label Drug Prescriptions? Empirical Evidence from France”
• Jie Bai, Harvard University and NBER; Panle Jia Barwick and Shanjun Li, Cornell University and NBER; Shengmao Cao, Stanford University, “Quid Pro Quo, Knowledge Spillover, and Industrial Quality Upgrading: Evidence from the Chinese Auto Industry” (NBER Working Paper 27644)
• Daniel Björkegren and Samsun Knight, Brown University, and Joshua Blumenstock, University of California, Berkeley, “Manipulation-Proof Machine Learning”
• Joerg Claussen, University of Munich; Christian W. Peukert, HEC Lausanne; and Ananya Sen, Carnegie Mellon University, “The Editor and the Algorithm: Returns to Data and Externalities in Online News”
• Chiara Farronato, Harvard University and NBER; Jessica Y. Fong, University of Michigan; and Andrey Fradkin, Boston University, “Dog Eat Dog: Measuring Network Effects Using a Digital Platform Merger” (NBER Working Paper 28047)
• Matthew Backus, Columbia University and NBER; Christopher Conlon, New York University; and Michael Sinkinson, Yale University and NBER, “Common Ownership and Competition in the Ready-To-Eat Cereal Industry” (NBER Working Paper 28350)
• Navdeep S. Sahni and Charles Y. Zhang, Stanford University, “Are Consumers Averse to Sponsored Messages? The Role of Search Advertising in Information Discovery”

Summaries of these papers are at www.nber.org/conferences/industrial-organization-program-meeting-spring-2021

Economic Fluctuations and Growth

Members of the NBER’s Economic Fluctuations and Growth Program met online on February 26. Research Associates Mariacristina De Nardi of the University of Minnesota and Jonathan A. Parker of MIT organized the meeting. These researchers’ papers were presented and discussed:

• Daniel Lewis, Davide Melcangi, and Laura Pilossoph, Federal Reserve Bank of New York, “Latent Heterogeneity in the Marginal Propensity to Consume”
• Alexandr Kopytov, University of Hong Kong; Nikolai Roussanov, University of Pennsylvania and NBER; and Mathieu Taschereau-Dumouchel, Cornell University, “Cheap Thrills: The Price of Leisure and the Global Decline in Work Hours” (NBER Working Paper 27744)
• Christian vom Lehn, Brigham Young University, and Thomas Winberry, University of Pennsylvania and NBER, “The Investment Network, Sectoral Comovement, and the Changing US Business Cycle” (NBER Working Paper 26507)
• Adrien Bilal, University of Chicago, and Hugo Lhuillier, Princeton University, “Outsourcing, Inequality, and Aggregate Output”
• Brian Fabo, National Bank of Slovakia; Martina Jančoková, European Central Bank; Elisabeth Kempf, University of Chicago; and Lubos Pastor, University of Chicago and NBER, “Fifty Shades of QE: Comparing Findings of Central Bankers and Academics” (NBER Working Paper 27849)
• Ricardo Reis, London School of Economics, “The Constraint on Public Debt When r < g but g < m”

Summaries of these papers are at www.nber.org/conferences/efg-research-meeting-winter-2021