Conferences, Fall 2021

12/31/2021

Featured in print Reporter

Tax Policy and the Economy

An NBER conference on Tax Policy and the Economy took place September 23 online. Research Associate Robert A. Moffitt of Johns Hopkins University organized the meeting, which was supported by Lynde and Harry Bradley Foundation Grant 20211142. These researchers’ papers were presented and discussed:

Natasha Sarin, University of Pennsylvania; Lawrence H. Summers, Harvard University and NBER; Owen M. Zidar, Princeton University and NBER; and Eric Zwick, University of Chicago and NBER, “Rethinking How We Score Capital Gains Tax Reform” (NBER Working Paper 28362)
Nora E. Gordon, Georgetown University and NBER, and Sarah J. Reber, University of California, Los Angeles and NBER, “Federal Support for Elementary and Secondary Education in the COVID-19 Recession and Beyond” (NBER Working Paper 27550)
Jacob Goldin, Stanford University and NBER; Elaine Maag, The Urban Institute; and Katherine Michelmore, University of Michigan, “Designing a Child Allowance for the United States”
Alan J. Auerbach, University of California, Berkeley and NBER, and William Gale, The Brookings Institution, “Tax Policy Design with Low Interest Rates”
Ethan Rouen, Harvard University; Suresh Nallareddy, Duke University; and Juan Carlos Suárez Serrato, Duke University and NBER, “Do Corporate Tax Cuts Increase Income Inequality?” (NBER Working Paper 24598)

Summaries of these papers are at https://www.nber.org/conferences/tax-policy-and-economy-2021

Economics of Artificial Intelligence

An NBER conference on the Economics of Artificial Intelligence took place September 23–24 online. Research Associates Ajay K. Agrawal, Joshua S. Gans, and Avi Goldfarb of the University of Toronto and Catherine Tucker of the Massachusetts Institute of Technology organized the meeting, which was supported by Alfred P. Sloan Foundation Grant G-2018-10104. These researchers’ papers were presented and discussed:

Emilio Calvano, Vincenzo Denicolò, and Sergio Pastorello, University of Bologna, and Giacomo Calzolari, European University Institute, “Product Recommendations and Market Concentration”
John Asker, University of California, Los Angeles and NBER; Ariel Pakes, Harvard University and NBER; and Chaim Fershtman, Tel Aviv University, “Artificial Intelligence and Pricing: The Impact of Algorithm Design” (NBER Working Paper 28535)
Emily Aiken and Joshua Blumenstock, University of California, Berkeley; Suzanne Bellue, University of Mannheim; and Dean Karlan and Christopher R. Udry, Northwestern University and NBER, “Machine Learning and Mobile Phone Data Can Improve the Targeting of Humanitarian Assistance” (NBER Working Paper 29070)
Thomas W. Bates and Jessie Jiaxu Wang, Arizona State University, and Fangfang Du, California State University, Fullerton, “Workplace Automation and Corporate Financial Policies”
Sukwoong Choi, Massachusetts Institute of Technology; Namil Kim, Harbin Institute of Technology; Junsik Kim, KAIST; and Hyo Kang, University of Southern California, “How Does AI Improve Human Decision-Making? Evidence from the AI-Powered Go Program”
Ruyu Chen and Chris Forman, Cornell University, and Natarajan Balasubramanian, Syracuse University, “How Does Labor Mobility Affect Business Adoption of a GPT? The Case of Machine Learning”
Sean Cao and Baozhong Yang, Georgia State University; Wei Jiang, Columbia University and NBER; and Junbo L. Wang, Louisiana State University, “From Man vs. Machine to Man + Machine: The Art and AI of Stock Analyses” (NBER Working Paper 28800)
Yiding Feng, Jason Hartline, and Aleck Johnsen, Northwestern University; Ronen Gradwohl, Ariel University; and Denis Nekipelov, University of Virginia, “Bias-Variance Games”
David J. Deming, Harvard University and NBER, “The Growing Importance of Decision-Making on the Job” (NBER Working Paper 28733)
Jaehan Cho and Hanhin Kim, Korea Institute for Industrial Economics and Trade; Timothy J. DeStefano, Harvard University; and Jin Paik, Laboratory for Innovation Science, “What Determines AI Adoption?”
Philippe Aghion and Xavier Jaravel, London School of Economics; Céline Antonin, Sciences Po; and Simon Bunel, Banque de France, “What Are the Labor and Product Market Effects of Automation? New Evidence from France”
Yizhou Jin, University of Toronto, and Zhengyun Sun, Harvard University, “AI Training for Online Entrepreneurs: An Experiment with Two Million New Sellers on an E-Commerce Platform”
Gordon H. Hanson, Harvard University and NBER, “Immigration and Regional Specialization in AI” (NBER Working Paper 28671)
James Bessen, Boston University; Iain M. Cockburn, Boston University and NBER; and Jennifer Hunt, Rutgers University and NBER, “Is Distance from Innovation a Barrier to the Adoption of Artificial Intelligence?”
Alexander L. Copestake, Ashley Pople, and Katherine A. Stapleton, University of Oxford, “AI, Firms and Wages: Evidence from India”

Summaries of these papers are at https://www.nber.org/conferences/economics-artificial-intelligence-conference-fall-2021

Business Taxation in a Federal System

An NBER conference on Business Taxation in a Federal System took place October 7 online. Research Associates Joshua Rauh of Stanford University and Juan Carlos Suárez Serrato of Duke University organized the meeting, which was supported by Smith Richardson Foundation Grant 2017-1532. These researchers’ papers were presented and discussed:

Felipe Lobel, University of California, Berkeley, “The Incidence of Payroll Taxation”
Katarzyna A. Bilicka, Utah State University and NBER, and Daniela Scur, Cornell University, “Organizational Capacity and Profit Shifting” (NBER Working Paper 29225)
Paul Michael Kindsgrab, University of Michigan, “The Effects of Local Business Taxes on Establishment Entry and Exit”
Audrey Guo, Santa Clara University, “Payroll Tax Incidence: Evidence from Unemployment Insurance”
Eric C. Ohrn, Grinnell College; Daniel G. Garrett, University of Pennsylvania; and Juan Carlos Suárez Serrato, “Effects of International Tax Provisions on Local Labor Markets”
Sebastian Siegloch, University of Mannheim; Nils Wehrhöfer, Bundesbank Research Centre; and Tobias Etzel, Deutsche Bundesbank, “Direct, Spillover and Welfare Effects of Regional Firm Subsidies”
Pablo Garriga, Brown University, and Dario Tortarolo, University of Nottingham, “Tax Collection and Firm Trade Decisions: Direct and Network Effects”
Juliette Fournier, Massachusetts Institute of Technology, and Cailin R. Slattery, Columbia University, “Tax Discrimination and Competition in the Market for Firms”
Jeffrey L. Hoopes, University of North Carolina; Daniel Klein, University of Mannheim; Rebecca Lester, Stanford University; and Marcel Olbert, London Business School, “Foreign Aid through Domestic Tax Cuts? Evidence from Multinational Firm Presence in Developing Countries”
Kate Smith and Helen Miller, Institute for Fiscal Studies, “Capital Taxation and Entrepreneurship”
Michael Love, University of California, Berkeley, “Equity Financing, Dividend Taxes and Corporate ‘Non-Capital’ Investment”
Jordan W. Richmond, Princeton University, “Firm Responses to Book Income Alternative Minimum Taxes”

Summaries of these papers are at https://www.nber.org/conferences/business-taxation-federal-system-fall-2021

Economics of Mobility

An NBER conference on the Economics of Mobility took place October 22 online. Research Associates Sandra E. Black of Columbia University and Jesse Rothstein of the University of California, Berkeley organized the meeting, which was supported by Bill & Melinda Gates Foundation Grant INV-003434. These researchers’ papers were presented and discussed:

Myra Mohnen, University of Ottawa; José-Alberto Guerra, Universidad de los Andes; and Julián Costas-Fernández, University College London, “Train to Opportunity: The Effect of Infrastructure on Intergenerational Mobility”
Daniel Aaronson, Daniel Hartley, and Bhashkar Mazumder, Federal Reserve Bank of Chicago; Shari Eli, University of Toronto and NBER; Adriana Lleras-Muney, University of California, Los Angeles and NBER; and Martha Stinson, US Census Bureau, “The Long-Run Effects of the 1930s HOLC ‘Redlining’ Maps on Children”
Jonathan M. Colmer and Brennan Williams, University of Virginia, and John L. Voorheis, US Census Bureau, “Air Pollution and Economic Opportunity in the United States”
Andrew C. Barr, Texas A&M University; Jonathan Eggleston, US Census Bureau; and Alexander A. Smith, United States Military Academy at West Point, “The Effect of Income during Infancy: Evidence from a Discontinuity in Tax Benefits”
Santiago Pérez, University of California, Davis and NBER, and Diana Moreira, University of California, Davis, “Who Benefits from Meritocracy?”
Valerie Michelman, University of Chicago; Joseph Price, Brigham Young University and NBER; and Seth D. Zimmerman, Yale University and NBER, “Old Boys’ Clubs and Upward Mobility among the Educational Elite” (NBER Working Paper 28583)

Summaries of these papers are at https://www.nber.org/conferences/economics-mobility-meeting-fall-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 November 5 online. Kaye Husbands Fealing of the Georgia Institute of Technology and Research Associates Donna K. Ginther of the University of Kansas and Bruce A. Weinberg of The Ohio State University organized the meeting, which was supported by Alfred P. Sloan Foundation Grant G-2020-14066. These researchers’ papers were presented and discussed:

Stephanie D. Cheng, Edgeworth Economics, “What’s Another Year? The Lengthening Training and Career Paths of Scientists”
Sofia Patsali and Michele Pezzoni, Université Côte d’Azure, and Fabiana Visentin, Maastricht University, “The Impact of Research Independence on PhD Students’ Careers: Large-Scale Evidence from France”
Holden A. Diethorn, NBER, and Gerald R. Marschke, State University of New York at Albany and NBER, “Task Mismatch and Salary Penalties: Evidence from the Biomedical PhD Labor Market”
Alberto Corsini and Michele Pezzoni, Université Côte d’Azur, and Fabiana Visentin, “What Makes a Productive PhD Student?”
Davut Ayan, University of Kansas; Donna K. Ginther; and Laurel Haak, Mighty Red Barn, “How Many Researchers Are There in the World?”
Shulamit Kahn, Boston University, and Megan MacGarvie, Boston University and NBER, “Does US Science Underinvest in International Postdoctoral Scholars? Evidence from the ECDS”
Jodi E. Basner and Anand Desai, Clarivate Analytics, and Wan-Ying Chang and Kelly Phou, National Science Foundation, “Does Postdoctoral Training Raise the Likelihood of Pursuing a Career in Research and Development?”

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

Measuring and Reporting Corporate Carbon Footprints and Climate Risk Exposure

An NBER conference on Measuring and Reporting Corporate Carbon Footprints and Climate Risk Exposure took place November 12 online. Research Associates Meredith Fowlie of the University of California, Berkeley, Christian Leuz of the University of Chicago, and Laura Starks of the University of Texas at Austin organized the meeting. These researchers’ papers were presented and discussed:

Stefano Giglio, Yale University and NBER; Georgij Alekseev, Quinn Maingi, and Julia Selgrad, New York University; and Johannes Stroebel, New York University and NBER, “A Quantity-Based Approach to Constructing Climate Risk Hedge Portfolios”
Henry L. Friedman, University of California, Los Angeles, and Mirko Heinle and Irina M. Luneva, University of Pennsylvania, “A Theoretical Framework for Environmental and Social Impact Reporting”
Joop Huij, Erasmus University Rotterdam, and Dries Laurs, Philip Stork, and Remco Zwinkels, Vrije Universiteit Amsterdam, “Carbon Beta: A Market-Based Measure of Climate Risk”
Zacharias Sautner, Laurence van Lent, and Grigory Vilkov, Frankfurt School of Finance and Management, and Ruishen Zhang, Shanghai University of Finance and Economics, “Firm-Level Climate Change Exposure”
Lubos Pastor, University of Chicago and NBER; Robert F. Stambaugh, University of Pennsylvania and NBER; and Lucian A. Taylor, University of Pennsylvania, “Dissecting Green Returns” (NBER Working Paper 28940)
Shirley S. Lu, Harvard University, and Anya Nakhmurina, Yale University, “Measuring Cities’ Climate Risk Exposure and Preparedness”
Sorabh Tomar, Southern Methodist University, “Greenhouse Gas Disclosure and Emissions Benchmarking”

Summaries of these papers are at https://www.nber.org/conferences/measuring-and-reporting-corporate-carbon-footprints-and-climate-risk-exposure-fall-2021

COVID-19 and Health Outcomes

An NBER conference on COVID-19 and Health Outcomes took place November 18 online. Research Associates David M. Cutler of Harvard University and Kosali I. Simon of Indiana University and Faculty Research Fellow Maria Polyakova of Stanford University organized the meeting, which was supported by National Institute on Aging Grants P30AG012810 and P01AG005842. These researchers’ papers were presented and discussed:

Maria D. Fitzpatrick, Cornell University and NBER, and Katharine Sadowski, Cornell University, “Are Schools Protective of Health, Even during a Pandemic? The Effects of School Openings during the COVID-19 Pandemic on Children’s Health Care Usage”
Sarah J. Reber, University of California, Los Angeles and NBER; Cyrus M. Kosar, Brown University; and Shekinah Fashaw, University of Minnesota, “Nursing Home Use As a Risk Factor for COVID-19 Mortality: Implications for Racial Disparities”
Arindrajit Dube, University of Massachusetts Amherst and NBER; Suresh Naidu, Columbia University and NBER; and Raymond Kluender and Michael Stepner, Harvard University, “Early Withdrawal of Pandemic Unemployment Insurance: Effects on Earnings, Employment and Consumption”
Amalia R. Miller, University of Virginia and NBER; Carmit Segal, University of Zurich; and Melissa K. Spencer, University of Richmond, “Effects of COVID-19 Shutdowns on Domestic Violence in US Cities” (NBER Working Paper 29429)
Felix Koenig, Carnegie Mellon University, and Massimo Anelli, Bocconi University, “Willingness to Pay for Workplace Safety”
Anne Case and Angus Deaton, Princeton University and NBER, “Mortality Rates by College Degree before and during COVID-19” (NBER Working Paper 29328)
Matthew Goodkin-Gold, Harvard University; Michael Kremer, University of Chicago and NBER; Christopher Snyder, Dartmouth College and NBER; and Heidi L. Williams, Stanford University and NBER, “Optimal Vaccine Subsidies for Epidemic and Endemic Diseases”
Kate Bundorf, Duke University and NBER; Salama Freed and Nancy Allen Lapointe, Duke University; Sumedha Gupta and Hailemichael B. Shone, Indiana University; and Kosali I. Simon, “How Did the COVID-19 Health Care Delivery Disruption Affect Medication Use among People with Chronic Conditions?”

Summaries of some of these papers are at https://www.nber.org/conferences/covid-19-and-health-outcomes-fall-2021

Improving Health Outcomes for an Aging Population

An NBER conference on Improving Health Outcomes for an Aging Population took place November 30–December 1 online. Research Associate Katherine Baicker of the University of Chicago organized the meeting, which was supported by National Institute on Aging Grant P01AG005842. These researchers’ papers were presented and discussed:

Leila Agha, Dartmouth College and NBER; Keith Marzilli Ericson and James B. Rebitzer, Boston University and NBER; Kimberley Geissler, University of Massachusetts Amherst, “Team Relationships and Performance: Evidence from Healthcare Referral Networks” (NBER Working Paper 24338)
Maya M. Durvasula and Lisa L. Ouellette, Stanford University; and Heidi L. Williams, Stanford University and NBER, “Private and Public Investments in Biomedical Research” (NBER Working Paper 28349)
Martin B. Hackmann, University of California, Los Angeles and NBER; Juan S. Rojas, University of California, Los Angeles; and Nicolas R. Ziebarth, Cornell University and NBER, “Creative Financing and Public Moral Hazard: Evidence from Medicaid Supplemental Payments”
William N. Evans, University of Notre Dame and NBER; Sarah A. Kroeger and Grace Ortuzar, University of Notre Dame; Elizabeth L. Munnich, University of Louisville; and Kathryn Wagner, Marquette University, “Reducing Readmissions by Addressing the Social Determinants of Health”
Janet Currie, Princeton University and NBER; Anastasia Karpova, Princeton University; and Dan Zeltzer, Tel Aviv University, “Do Urgent Care Centers Reduce Medicare Spending?” (NBER Working Paper 29047)
Jessica Van Parys, Hunter College, and Itzik Fadlon, University of California, San Diego and NBER, “Primary Care Physician Practice Styles and Patient Care: Evidence from Physician Exits in Medicare” (NBER Working Paper 26269)
Zarek C. Brot-Goldberg, University of Chicago; Timothy Layton, Harvard University and NBER; Boris Vabson, Harvard University; and Adelina Yanyue Wang, NBER, “The Behavioral Foundations of Default Effects: Theory and Evidence from Medicare Part D” (NBER Working Paper 28331)
Danea Horn, University of California, Davis; Adam Sacarny, Columbia University and NBER; and R. Annetta Zhou, RAND Corporation, “Technology Adoption and Market Allocation: The Case of Robotic Surgery” (NBER Working Paper 29301)
Martin Gaynor, Carnegie Mellon University and NBER; Adam Sacarny, Raffaella Sadun, Harvard University and NBER; Chad Syverson, University of Chicago and NBER; and Shruthi Venkatesh, Carnegie Mellon University, “The Anatomy of a Hospital System Merger: The Patient Did Not Respond Well to Treatment” (NBER Working Paper 29449)

Summaries of these papers are at https://www.nber.org/conferences/improving-health-outcomes-aging-population-fall-2021

Innovation Information Initiative

Members of the NBER’s Technical Working Group on the Innovation Information Initiative met December 3–4 in Cambridge and online. Research Associate Adam B. Jaffe of Brandeis University organized the meeting, which was supported by the Alfred P. Sloan Foundation through a subcontract with Code for Science and Society. These researchers’ papers were presented and discussed:

Jonathan Ashtor, Yeshiva University, “Modeling Patent Clarity”
Matt Marx, Cornell University and NBER, and Michael Ewens, California Institute of Technology and NBER, “Matching Patent Assignees to Startups”
Heather Piwowar and Jason Priem, OurResearch, “Introducing OpenAlex”
Britta Glennon, University of Pennsylvania and NBER; Daniel P. Gross, Duke University and NBER; and Lia Sheer, Tel Aviv University, “Intellectual Property Theft”
Tania Babina, Columbia University; Anastassia Fedyk, University of California, Berkeley; Alex Xi He, University of Maryland; and James Hodson, Jozef Stefan International Postgraduate School, “Measuring Firms’ Technology Use with Employees’ Job Data”
Daniel P. Gross; Jorge Guzman, Columbia University; and Innessa Colaiacovo, Harvard University, “US Entrepreneurship over the Long Run: New Data and Approaches to Measurement”
Bernhard Ganglmair, ZEW Mannheim; W. Keith Robinson, Wake Forest University; and Michael Seeligson, Southern Methodist University, “The Rise of Process Claims: Evidence from a Century of US Patents”
Sam Arts and Jianan Hou, KU Leuven, and Bruno Cassiman, IESE, “Technology Differentiation and Firm Performance”

The Rise of Global Supply Chains

An NBER conference on The Rise of Global Supply Chains took place December 10 online. Research Associates Laura Alfaro of Harvard University and Chad Syverson of the University of Chicago organized the meeting, which was supported by the US Department of Homeland Security through a subaward from Cross-Border Threat Screening and Supply Chain Defense (CBTS), a Department of Homeland Security Center of Excellence at Texas A&M University. These researchers’ papers were presented and discussed:

Diego A. Comin, Dartmouth College and NBER, and Robert C. Johnson, University of Notre Dame and NBER, “Supply Chain Constraints and Inflation”
Kyle Handley, University of California, San Diego and NBER; Fariha Kamal, US Census Bureau; and Ryan Monarch, Syracuse University, “Trade Shocks and US Firms’ Global Supply Chains”
Xiaodong Du, University of Wisconsin-Madison, and David A. Hennessy, Michigan State University, “Sustainability and Risk Management of Meat Supply Chains in a COVID-19 World”
George A. Alessandria, University of Rochester and NBER, and Kim J. Ruhl, University of Wisconsin-Madison and NBER, “Mitigating International Supply-Chain Risk with Inventories and Fast Transport”
Paula deWitte and Joan Mileski, Texas A&M University, “Incorporating Cyber Resiliency in Maritime Supply Chains: Best Practices and Principles”
Federico Esposito, Tufts University; Joaquin Blaum, Brown University; and Sebastian Heise, Federal Reserve Bank of New York, “Shipping Time Volatility and Supply Chains: Evidence from US Manufacturing Firms”

The agenda of this conference is at https://www.nber.org/conferences/rise-global-supply-chains-fall-2021

Innovative Data in Household Finance: Opportunities and Challenges

An NBER conference on Innovative Data in Household Finance: Opportunities and Challenges took place December 10 online. Research Associates Joseph S. Vavra of the University of Chicago and Stephen P. Zeldes of Columbia University and Faculty Research Fellow Jialan Wang of the University of Illinois at Urbana-Champaign organized the meeting, which was supported by Alfred P. Sloan Foundation Grant G-2019-12501. These researchers’ papers were presented and discussed:

Sabrina T. Howell, Theresa Kuchler, and Johannes Stroebel, New York University and NBER; David Snitkof, Ocrolus; and Jun Wong, University of Chicago, “Racial Disparities in Access to Small Business Credit: Evidence from the Paycheck Protection Program” (NBER Working Paper 29364)
Scott R. Baker and Efraim Benmelech, Northwestern University and NBER; Zhishu Yang, Tsinghua University; and Jacky Zhang, Durham University, “Fertility and Savings: The Effect of China’s Two-Child Policy on Household Savings”
Amir Kermani, University of California, Berkeley and NBER, and Francis Wong, NBER Postdoctoral Fellow, “Racial Disparities in Housing Returns” (NBER Working Paper 29306)
Motohiro Yogo, Princeton University and NBER; Andrew Whitten, Department of the Treasury; and Natalie Cox, Princeton University, “Financial Inclusion across the United States”
Tetyana Balyuk, Emory University, and Emily Williams, Harvard University, “Friends and Family Money: P2P Transfers and Financially Fragile Consumers”
Alejandro del Valle and Stephen H. Shore, Georgia State University, and Therese C. Scharlemann, Federal Reserve Board, “Household Financial Decision-Making after Natural Disasters: Evidence from Hurricane Harvey”
Taha Choukhmane, Massachusetts Institute of Technology; Lucas Goodman, Department of the Treasury; and Cormac O’Dea, Yale University and NBER, “Efficiency in Household Decision-Making: Evidence from the Retirement Savings of US Couples”
David C. Low, Consumer Financial Protection Bureau, “What Triggers Mortgage Default? New Evidence from Linked Administrative and Survey Data”

Summaries of these papers are at https://www.nber.org/conferences/innovative-data-household-finance-opportunities-and-challenges-fall-2021

Big Data and Securities Markets

An NBER conference on Big Data and Securities Markets took place December 10 online. Research Associates Itay Goldstein of the University of Pennsylvania, Chester S. Spatt of Carnegie Mellon University, and Mao Ye of the University of Illinois at Urbana-Champaign organized the meeting, which was supported by National Science Foundation Grant 1838183. These researchers’ papers were presented and discussed:

Maryam Farboodi, Massachusetts Institute of Technology and NBER; Dhruv Singal, Columbia University; Laura Veldkamp, Columbia University and NBER; and Venky Venkateswaran, New York University and NBER, “Valuing Financial Data”
Suzie Noh, Stanford University; Eric C. So, Massachusetts Institute of Technology; and Christina Zhu, University of Pennsylvania, “Financial Reporting and Consumer Behavior”
Bradford Lynch and Daniel J. Taylor, University of Pennsylvania, “The Information Content of Corporate Websites”
Robert P. Bartlett III, University of California, Berkeley; Justin McCrary, Columbia University and NBER; and Maureen O’Hara, Cornell University, “The Market inside the Market: Odd-Lot Quotes”
Lin William Cong, Cornell University; Ke Tang, Tsinghua University; and Jingyuan Wang and Yang Zhang, Beihang University, “AlphaPortfolio: Direct Construction through Deep Reinforcement Learning and Interpretable AI”
Bryan T. Kelly, Yale University and NBER; Semyon Malamud, Swiss Finance Institute; and Theis I. Jensen and Lasse H. Pedersen, Copenhagen Business School, “Machine Learning about Optimal Portfolios”
Terrence Hendershott and Dmitry Livdan, University of California, Berkeley; Dan Li, Federal Reserve Board; Norman Schurhoff, University of Lausanne; and Kumar Venkataraman, Southern Methodist University, “Quote Competition in Corporate Bonds”

The agenda for this conference is at https://www.nber.org/conferences/big-data-and-securities-markets-fall-2021

Japan Project Meeting

The NBER Japan Project held an online conference December 15–16. Shiro P. Armstrong of the Australian National University, Tsutomu Watanabe of the University of Tokyo, and Research Associates Charles Yuji Horioka of Kobe University, Takeo Hoshi of the University of Tokyo, and David Weinstein of Columbia University organized the meeting. These researchers’ papers were presented and discussed:

Kozo Ueda, Waseda University; Kota Watanabe, Meiji University; and Tsutomu Watanabe, “Household Inventory, Temporary Sales, and Price Indices”
Shotaro Yamaguchi, University of Maryland; Serguey Braguinsky, University of Maryland and NBER; and Kentaro Nakajima, Hitotsubashi University, “Science and Engineering Education and Invention in Japan’s Industrialization”
Taiyo Fukai, Hidehiko Ichimura, Sagiri Kitao, and Minamo Mikoshiba, University of Tokyo, “Medical Expenditures over the Life Cycle: Persistent Risks and Insurance”
Kentaro Nakajima and Kensuke Teshima, Hitotsubashi University, and Junichi Yamasaki, Kobe University, “From Samurai to Skyscrapers: How Transaction Costs Shape Tokyo”
Sylvain Chassang, Princeton University and NBER; Kei Kawai, University of California, Berkeley and NBER; Jun Nakabayashi, Kindai University; and Juan M. Ortner, Boston University, “Using Bid Rotation and Incumbency to Detect Collusion: A Regression Discontinuity Approach”
Kyogo Kanazawa, Daiji Kawaguchi, and Yasutora Watanabe, University of Tokyo, and Hitoshi Shigeoka, Simon Fraser University and NBER, “AI, Skill, and Productivity: The Case of Taxi Drivers”
Yoko Okuyama, Uppsala University, and Ayumi Sudo, Yale University, “Electoral Institutions, Women’s Representation, and Policy Outcomes”
Shuhei Kitamura, Osaka University, and Toshifumi Kuroda, Tokyo Keizai University, “Media Trust and Persuasion”
Yuhei Miyauchi, Boston University; Kentaro Nakajima; and Stephen J. Redding, Princeton University and NBER, “Consumption Access and the Spatial Concentration of Economic Activity: Evidence from Smartphone Data” (NBER Working Paper 28497)