Conferences Spring/Summer 2021

06/01/2021
Featured in print Reporter

Immigrants and the US Economy

An NBER conference on Immigrants and the US Economy took place online March 11–12. Research Associates Aimee Chin of the University of Houston and Kalena Cortes of Texas A&M University organized the meeting. These researchers’ papers were presented and discussed:

  • David N. Figlio and Paola Sapienza, Northwestern University and NBER; Paola Giuliano, University of California, Los Angeles and NBER; Riccardo Marchingiglio, Northwestern University; and Umut Özek, American Institutes for Research, “Diversity in Schools: Immigrants and the Educational Performance of US Born Students”
  • Annie Laurie Hines, University of California, Davis, and Chloe N. East, Philip A. Luck, Hani Mansour, and Andrea P. Velásquez, University of Colorado Denver, “The Labor Market Effects of Immigration Enforcement”
  • Joaquin A. Rubalcaba, University of North Carolina at Chapel Hill; José R. Bucheli, New Mexico State University; and Camila N. Morales, University of Texas at Dallas, “Immigration Enforcement and Labor Supply: Hispanic Youth in Mixed-Status Families”
  • Parag Mahajan, University of Delaware, “Immigration and Local Business Dynamics: Evidence from US Firms”
  • Elizabeth U. Cascio and Ethan G. Lewis, Dartmouth College and NBER, “Opening the Door: Migration and Self-Selection in a Restrictive Legal Immigration Regime” (NBER Working Paper 27874)
  • Toman Barsbai, University of Bristol; Victoria Licuanan, Asian Institute of Management; Andreas Steinmayr, University of Innsbruck; Erwin Tiongson, Georgetown University; and Dean Yang, University of Michigan and NBER, “Information and the Acquisition of Social Network Connections” (NBER Working Paper 27346)
  • Catalina Amuedo-Dorantes, University of California, Merced; Esther Arenas Arroyo, WU Vienna University of Economics and Business; and Bernhard Schmidpeter, Johannes Kepler University Linz, “Immigration Policy and Firms’ Labor Demand”
  • Blake H. Heller and Kirsten E. Slungaard Mumma, Harvard University, “Immigrant Integration in the United States: The Role of Adult English Language Training”

Summaries of these papers are at: www.nber.org/conferences/immigrants-and-us-economy-spring-2021

Investments in Early Career Scientists: Data and Research Gaps

An NBER conference on Investments in Early Career Scientists: Data and Research Gaps took place online March 19. Research Associate Donna K. Ginther of University of Kansas organized the meeting, which was supported by the Alfred P. Sloan Foundation. These researchers’ papers were presented and discussed:

  • Xuan Jiang, The Ohio State University, and Joseph Staudt, US Census Bureau, “Publish and Train or Perish? Valuing the Early Career Outcomes of STEM PhD Recipients”
  • Misty L. Heggeness, US Census Bureau, “The Impact of NIH Postdoctoral Fellowships on a Future Independent Career in Federally Funded Biomedical Research”
  • Tania Babina, Columbia University; Alex Xi He, University of Maryland; Sabrina T. Howell, New York University and NBER; and Elisabeth Ruth Perlman and Joseph Staudt, US Census Bureau, “The Color of Money: Federal vs. Industry Funding of University Research” (NBER Working Paper 28160)

Summaries of these papers are at: www.nber.org/conferences/investments-early-career-scientists-data-and-research-gaps-spring-2021

Economics of Digitization

An NBER conference on the Economics of Digitization took place online March 19. Faculty Research Fellow Chiara Farronato of Harvard University and Research Associate Catherine Tucker of the Massachusetts Institute of Technology organized the meeting, which was supported by the Alfred P. Sloan Foundation. These researchers’ papers were presented and discussed:

  • Rebecca Janssen, the ZEW Mannheim; Reinhold Kesler, University of Zurich; Michael Kummer, University of East Anglia; and Joel Waldfogel, University of Minnesota and NBER, “GDPR and the Lost Generation of Innovative Apps”
  • Sarah Moshary, University of Chicago, “Advertising Effects in Equilibrium”
  • Diego Aparicio, IESE Business School; Zachary Metzman, MIT; and Roberto Rigobon, MIT and NBER, “The Pricing Strategies of Online Grocery Retailers”
  • Francis Annan, Georgia State University, “Misconduct and Reputation under Imperfect Information”
  • Filippo Mezzanotti and Nicolas Crouzet, Northwestern University, and Apoorv Gupta, Dartmouth College, “Shocks and Technology Adoption: Evidence from Electronic Payment Systems”
  • Gordon Burtch, University of Minnesota; Miguel Godinho de Matos, Católica Lisbon School of Business & Economics; and Francisco Lima, Universidade de Lisboa, “Personal Social Networks, Technology Skills, and Workers’ Digital Resilience”

Summaries of these papers are at www.nber.org/conferences/economics-digitization-spring-2021

Inequality, Discrimination, and the Financial System

An NBER conference on Inequality, Discrimination, and the Financial System took place April 1–2 online. Research Associates Gregor Matvos of Northwestern University and Manju Puri of Duke University, and Tarun Ramadorai of Imperial College London organized the meeting. The conference was held in collaboration with The Review of Financial Studies. These researchers’ papers were presented and discussed:

  • Nirupama Kulkarni, CAFRAL, and Ulrike Malmendier, University of California, Berkeley and NBER, “Mortgage Policies and Their Effects on Racial Segregation and Upward Mobility”
  • Marco Giacoletti, University of Southern California; Rawley Z. Heimer, Boston College; and Edison G. Yu, Federal Reserve Bank of Philadelphia, “Using High-Frequency Evaluations to Estimate Discrimination: Evidence from Mortgage Loan Officers”
  • Lily Fang and Alexandra Roulet, Institut Européen d’Administration des Affaires (INSEAD), and Jim Goldman, University of Toronto, “Private Equity and Pay Gaps Inside the Firm”
  • Raimundo Undurraga, Universidad de Chile, “Bad Taste: Gender Discrimination in Consumer Credit Markets”
  • Jonathan A. Lanning, Federal Reserve Bank of Chicago, “Testing Models of Economic Discrimination Using the Discretionary Markup of Indirect Auto Loans”
  • Francis Annan, Georgia State University, “Gender and Financial Misconduct: A Field Experiment on Mobile Money”
  • Marina Gertsberg, Monash University; Johanna Mollerstrom, George Mason University; and Michaela Pagel, Columbia University and NBER, “Gender Quotas and Support for Women in Board Elections” (NBER Working Paper 28463)

Summaries of these papers are at www.nber.org/conferences/inequality-discrimination-and-financial-system-spring-2021

36th Annual Conference on Macroeconomics

The 36th Annual Conference on Macroeconomics took place April 8–9 online. Research Associates Martin S. Eichenbaum of Northwestern University and Erik Hurst of the University of Chicago organized the meeting. These researchers’ papers were presented and discussed:

  • Robert E. Hall, Stanford University and NBER, and Marianna Kudlyak, Federal Reserve Bank of San Francisco and CEPR, “The Consistent Recovery of the US Economy from Every Previous Recession in the Past 70 Years”
  • Michael Kremer, University of Chicago and NBER; Jack Willis, Columbia University and NBER; and Yang You, Harvard University, “Converging to Convergence”
  • Richard Rogerson, Princeton University and NBER, and Johanna Wallenius, Stockholm School of Economics, “Changing Employment Trends for Older Workers in the OECD”
  • Michael Barnett, Arizona State University; William Brock, University of Wisconsin; and Lars P. Hansen, University of Chicago and NBER, “Climate Change Uncertainty Spillover in the Macroeconomy”
  • Titan Alon, University of California, San Diego; Matthias Doepke, Northwestern University and NBER; and Sena Coskun, David Koll, and Michèle Tertilt, University of Mannheim, “From Mancession to Shecession: Women’s Employment in Regular and Pandemic Recessions” (NBER Working Paper 28632)

Summaries of these papers are at www.nber.org/conferences/36th-annual-conference-macroeconomics-2021

The Future of Globalization

An NBER conference on The Future of Globalization took place April 9–10 online. Research Associates Stephen J. Redding of Princeton University and Robert W. Staiger of Dartmouth College organized the meeting, which was supported by the Smith Richardson Foundation. These researchers’ papers were presented and discussed:

  • Pol Antràs, Harvard University and NBER, and Stephen J. Redding and Esteban Rossi-Hansberg, Princeton University and NBER, “Globalization and Pandemics”
  • Katherine A. Stapleton, University of Oxford, and Michael Webb, Stanford University, “Automation, Trade and Multinational Activity: Micro Evidence from Spain”
  • Ufuk Akcigit, University of Chicago and NBER; Sina T. Ates, Federal Reserve Board; Josh Lerner, Harvard University and NBER; Richard R. Townsend, University of California, San Diego and NBER; and Yulia Zhestkova, University of Chicago, “Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers” (NBER Working Paper 27828)
  • Adrien Bilal, University of Chicago, and Hugo Lhuillier, Princeton University, “Outsourcing, Inequality and Aggregate Output”
  • Swati Dhingra and Silvana Tenreyro, London School of Economics, “The Rise of Agribusinesses and Its Distributional Consequences”
  • Farid Farrokhi, Purdue University, and Ahmad Lashkaripour, Indiana University, “Trade, Firm-Delocation, and Optimal Climate Policy”
  • Natalie Bau, University of California, Los Angeles and NBER, and Adrien Matray, Princeton University, “Misallocation and Capital Market Integration: Evidence from India”
  • Giovanni Maggi, Yale University and NBER, and Robert W. Staiger, “International Climate Agreements and the Scream of Greta”
  • Bruno Conte, Universitat Autònoma de Barcelona; Klaus Desmet, Southern Methodist University and NBER; Dávid Krisztián Nagy, CREI, Universitat Pompeu Fabra; and Esteban Rossi-Hansberg, Princeton University and NBER, “Local Sectoral Specialization in a Warming World” (NBER Working Paper 28163)
  • Barthélémy Bonadio, University of Michigan; Zhen Huo, Yale University; Andrei A. Levchenko, University of Michigan and NBER; and Nitya Pandalai-Nayar, University of Texas at Austin and NBER, “Global Supply Chains in the Pandemic”
  • Antoine Berthou and Sebastian Stumpner, Banque de France, “Trade under Lockdown”
  • David Baqaee, University of California, Los Angeles and NBER, and Emmanuel Farhi, “The Darwinian Returns to Scale”

Summaries of these papers are at www.nber.org/conferences/future-globalization-conference-spring-2021

Entrepreneurship and Innovation Policy and the Economy

The inaugural NBER Entrepreneurship and Innovation Policy and the Economy conference met April 27 online. Research Associates Josh Lerner of Harvard University and Scott Stern of the Massachusetts Institute of Technology organized the meeting. The meeting was supported by the Ewing Marion Kauffman Foundation. These researchers’ papers were presented and discussed:

  • John C. Haltiwanger, University of Maryland and NBER, “Entrepreneurship in the COVID-19 Pandemic: Evidence from the Business Formation Statistics”
  • Bhaven N. Sampat, Columbia University and NBER, and Daniel P. Gross, Duke University and NBER, “Crisis Innovation Policy from World War II to COVID-19”
  • Mercedes Delgado, Copenhagen Business School, and Fiona Murray, MIT and NBER, “Mapping the Regions, Organizations & Individuals that drive Inclusion in the Innovation Economy”
  • Lisa D. Cook, Michigan State University and NBER, “Gender and Racial Disparity in the Innovation Process”
  • Michael Kremer, University of Chicago and NBER, “Vaccines and the Pandemic”
  • Chiara Franzoni, Politecnico di Milano; Paula Stephan, Georgia State University and NBER; and Reinhilde Veugelers, Katholieke Universiteit Leuven, “Funding Risky Research”

Summaries of some of these papers are at www.nber.org/conferences/entrepreneurship-and-innovation-policy-and-economy-2021

Economics of Culture and Institutions

An NBER conference on the Economics of Culture and Institutions took place April 30 online. Research Associates Alberto Bisin of New York University and Paola Giuliano of the University of California, Los Angeles organized the meeting. These researchers’ papers were presented and discussed:

  • Samuel Bazzi, University of California, San Diego and NBER; Masyhur Hilmy, Boston University; and Benjamin Marx, Sciences Po, “Islam and the State: Religious Education in the Age of Mass Schooling”
  • Daron Acemoglu, Massachusetts Institute of Technology and NBER, and James A. Robinson, University of Chicago and NBER, “Culture, Institutions, and Social Equilibria: A Framework”
  • Leonardo Bursztyn, University of Chicago and NBER; Thomas Chaney, Sciences Po; Tarek Alexander Hassan, Boston University and NBER; and Aakaash Rao, Harvard University, “The Immigrant Next Door: Exposure, Prejudice, and Altruism” (NBER Working Paper 28448)
  • Diego Ramos-Toro, Dartmouth College, “Self-Emancipation and Progressive Politics: The Legacy of Civil War Refugee Camps”
  • Etienne Le Rossignol, CES; Sara Lowes, University of California, San Diego and NBER; and Nathan Nunn, Harvard University and NBER, “Traditional Supernatural Beliefs and Prosocial Behavior”
  • Sebastian Hohmann, Stockholm School of Economics SITE; Stelios Michalopoulos, Brown University and NBER; and Elias Papaioannou, London Business School, “Religion and Educational Mobility in Africa”
  • Marciano Siniscalchi, Northwestern University, and Pietro Veronesi, University of Chicago and NBER, “Self-image Bias and Lost Talent”

Summaries of these papers are at www.nber.org/conferences/economics-culture-and-institutions-spring-2021

Environmental and Energy Policy and the Economy

The annual NBER conference on Environmental and Energy Policy and the Economy took place May 20 online. Research Associates Tatyana Deryugina of the University of Illinois at Urbana-Champaign, Matthew Kotchen of Yale University, and James H. Stock of Harvard University organized the meeting, which was supported by the Alfred P. Sloan Foundation. These researchers’ papers were presented and discussed:

  • Kenneth Gillingham, Yale University and NBER, “Designing Fuel Economy Standards in Light of Greater Electric Vehicle Offerings”
  • Severin Borenstein, University of California, Berkeley and NBER, and James B. Bushnell, University of California, Davis and NBER, “Implications of Residential Energy Pricing for Energy Substitution and Welfare”
  • James Archsmith, University of Maryland; Erich Muehlegger, University of California, Davis and NBER; and David S. Rapson, University of California, Davis, “Future Paths of Electric Vehicle Adoption in the United States: Predictable Determinants, Obstacles and Opportunities”
  • Rebecca J. Davis, Stephen F. Austin State University, and J. Scott Holladay and Charles Sims, University of Tennessee, “Coal Fired Power Plant Retirements in the US”
  • Barbara Annicchiarico, University of Rome Tor Vergata; Stefano Carattini, Georgia State University; Carolyn Fischer, Resources for the Future; and Garth Heutel, Georgia State University and NBER, “Business Cycles and Environmental Policy”
  • Frank A. Wolak, Stanford University and NBER, “Long-Term Resource Adequacy in High Intermittent Renewables Wholesale Electricity Markets: Lessons from California”

Summaries of these papers are at www.nber.org/conferences/environmental-and-energy-policy-and-economy-conference-spring-2021

Wage Dynamics in the 21st Century

An NBER conference on Wage Dynamics in the 21st Century took place May 20–21 online. Research Associates Erik Hurst of the University of Chicago and Lisa B. Kahn of the University of Rochester organized the meeting, which was supported by the Smith Richardson Foundation. These researchers’ papers were presented and discussed:

  • John R. Grigsby, Northwestern University, “Skill Heterogeneity and Aggregate Labor Market Dynamics”
  • Gregor Schubert and Anna Stansbury, Harvard University, and Bledi Taska, Burning Glass Technologies, “Employer Concentration and Outside Options”
  • Sadhika Bagga, University of Texas at Austin, “Firm Market Power, Worker Mobility, and Wages in the US Labor Market”
  • John C. Haltiwanger, University of Maryland and NBER, and Henry R. Hyatt and James Spletzer, US Census Bureau, “Industries, Mega Firms, and Increasing Inequality”
  • Jaime Arellano-Bover, Yale University, and Fernando Saltiel, McGill University, “Differences in On-the-Job Learning across Firms”
  • Andrea L. Eisfeldt, University of California, Los Angeles and NBER; Antonio Falato, Federal Reserve Board; and Mindy Z. Xiaolan, University of Texas at Austin, “Human Capitalists” (NBER Working Paper 28815)
  • Ellora Derenoncourt, University of California, Berkeley and NBER, and Clemens Noelke and David Weil, Brandeis University, “Spillover Effects from Voluntary Employer Minimum Wages”

Summaries of these papers are at www.nber.org/conferences/wage-dynamics-21st-century-conference-spring-2021

Risks in Agricultural Supply Chains

An NBER conference on Risks in Agricultural Supply Chains took place May 20–21 online. Research Associate Pol Antràs of Harvard University and David Zilberman of the University of California, Berkeley organized the meeting, which was supported by the Economic Research Service of the US Department of Agriculture. These researchers’ papers were presented and discussed:

  • Meilin Ma and Jayson L. Lusk, Purdue University, “Concentration and Resiliency in the US Meat Supply Chains”
  • Farid Farrokhi, Purdue University, and Heitor S. Pellegrina, New York University Abu Dhabi, “Trade, Technology, and Agricultural Productivity”
  • Austin F. Ramsey, Virginia Tech; Barry Goodwin, North Carolina State University; and Mildred Haley, US Department of Agriculture, “Labor Dynamics and Supply Chain Disruption in Food Manufacturing”
  • Jason Grant, Virginia Tech, and Shawn Arita, Sharon S. Sydow, and Jayson Beckman, US Department of Agriculture, “Has Global Agricultural Trade Been Resilient under Coronavirus (COVID-19)? Findings from an Econometric Assessment”
  • Michael Delgado, Meilin Ma, and H. Holly Wang, Purdue University, “Risk, Arbitrage, and Spatial Price Relationships: Insights from China’s Hog Market under the African Swine Fever”
  • Obie Porteous, Middlebury College, “Reverse Dutch Disease with Trade Costs: Prospects for Agriculture in Africa’s Oil-Rich Economies”
  • Joshua Deutschmann, University of Wisconsin-Madison; Tanguy Bernard, University of Bordeaux (GREThA) and International Food Policy Research; and Ouambi Yameogo, IITA, “Contracting and Quality Upgrading: Evidence from an Experiment in Senegal”
  • Liang Lu and Jason Winfree, University of Idaho, “Demand Shocks and Supply Chain Flexibility”
  • Charles A Taylor, Columbia University, and Geoffrey Heal, Columbia University and NBER, “Algal Blooms and the Social Cost of Fertilizer”
  • Sunghun Lim, Texas Tech University, and Marc F. Bellemare, University of Minnesota, “Global Agricultural Value Chains and Structural Transformation”
  • Sandro Steinbach, University of Connecticut, “Exchange Rate Volatility and Global Food Supply Chains”
  • Ishan B. Nath, University of Chicago, “The Food Problem and the Aggregate Productivity Consequences of Climate Change”
  • Lucas Zavala, Yale University, “Unfair Trade? Market Power in Agricultural Value Chains”
  • Bruno Conte, Universitat Autònoma de Barcelona; Klaus Desmet, Southern Methodist University and NBER; Dávid Krisztián Nagy, CREI, Universitat Pompeu Fabra; and Esteban Rossi-Hansberg, Princeton University and NBER, “Local Sectoral Specialization in a Warming World”

Summaries of these papers are at www.nber.org/conferences/risks-agricultural-supply-chains-spring-2021

NBER-SAIF Research Conference on Real Estate Markets and Housing Finance in China

The NBER and the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University co-hosted a research conference on Real Estate Markets and Housing Finance in China on May 20–21 online. Research Associate James M. Poterba of the Massachusetts Institute of Technology and Hong Yan of SAIF organized the meeting. These researchers’ papers were presented and discussed:

  • Mark Rosenzweig, Yale University and NBER, and Junsen Zhang, Chinese University of Hong Kong, “Housing Prices, Intergenerational Co-Residence, and ‘Excess’ Savings by the Young: Evidence using Chinese Data” (NBER Working Paper 26209)
  • Joseph Gyourko, University of Pennsylvania and NBER, and Xiaodan Wang, Jing Wu, and Rongjie Zhang, Tsinghua University, “Hukou and Homeownership Premiums: A Study of Chinese Price-to-Rent Ratios”
  • Yinglu Deng and Li Liao, Tsinghua University; Jiaheng Yu, MIT Sloan School of Management; and Yu Zhang, Peking University, “Capital Leakage, House Prices, and Consumer Spending: Quasi-Experimental Evidence from House Purchase Restriction Spillovers”
  • Yongheng Deng, University of Wisconsin-Madison; Yang Tang, Nanyang Technological University, Singapore; Ping Wang, Washington University in St. Louis and NBER; and Jing Wu, “Spatial Misallocation in Housing and Land Markets: Evidence from China” (NBER Working Paper 27230)
  • Shenzhe Jiang, Beijing University; Jianjun Miao, Boston University; and Yuzhe Zhang, Texas A&M University, “China’s Housing Bubble, Infrastructure Investment, and Economic Growth”
  • Hanming Fang, University of Pennsylvania and NBER; Jing Wu, and Vincent Yao, Georgia State University, “Property Right Uncertainty, Prices, and Speculation: Evidence from China’s Housing Market”
  • Kaiji Chen, Emory University; Qing Wang and Tong Xu, Southwestern University of Finance and Economics; and Tao Zha, Emory University and NBER, “Aggregate and Distributional Impacts of LTV Policy: Evidence from China” (NBER Working Paper 28092)
  • Sheridan Titman, University of Texas at Austin and NBER, and Guozhong Zhu, University of Alberta, “City Characteristics, Land Prices and Volatility”
  • Wenlan Qian, National University of Singapore; Jing Wu; and Hong Tu and Weibiao Xu, Nankai University, “Unintended Consequences of Demand-Side Housing Policies: Evidence from Household Reallocation of Capital”

Summaries of these papers are at  www.nber.org/conferences/nber-saif-research-conference-real-estate-markets-and-housing-finance-china-spring-2021