Conferences, Summer 2022

07/05/2022
Featured in print Reporter

Economics of Privacy

An NBER conference on the Economics of Privacy took place March 31 to April 1 in Washington, DC and online. Research Associates 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-2020-12662. A keynote address was delivered by Elizabeth Goitein, codirector of the Liberty & National Security Program at the Brennan Center for Justice. These researchers’ papers were presented and discussed:

  • Long Chen and Yadong Huang, Luohan Academy; Shumiao Ouyang, Princeton University; and Wei Xiong, Princeton University and NBER, “The Data Privacy Paradox and Digital Demand” (NBER Working Paper 28854)
  • Yu Zhao, University of Pennsylvania; Pinar Yildirim, University of Pennsylvania and NBER; and Pradeep Chintagunta, University of Chicago, “Privacy Regulations and Online Search Friction: Evidence from GDPR”
  • Martin Beraja, Massachusetts Institute of Technology and NBER; Andrew Kao, Harvard University; David Y. Yang, Harvard University and NBER; and Noam Yuchtman, London School of Economics, “AI-tocracy” (NBER Working Paper 29466)
  • Daniel Goroff, Alfred P. Sloan Foundation, and Erica Groshen, Cornell University, “Disclosure Avoidance and the 2020 Census: What Do Researchers Need to Know?”
  • Karlo Lukic and Bernd Skiera, Goethe University, and Klaus M. Miller, HEC Paris, “The Impact of the General Data Protection Regulation (GDPR) on the Amount of Online Tracking”
  • Laura C. Derksen, Anita McGahan, and Leandro S. Pongeluppe, University of Toronto, “Privacy at What Cost? Using Electronic Medical Records to Recover Lapsed Patients into HIV Care”
  • Raveesh Mayya, New York University, and Siva Viswanathan, University of Maryland, “Delaying Informed Consent: An Empirical Investigation of Mobile Apps’ Upgrade Decisions”
  • Vincent Lefrere, Institut-Mines Télécom; Logan Warberg and Alessandro Acquisti, Carnegie Mellon University; Cristobal Cheyre, Cornell University; and Veronica Marotta, University of Minnesota, “The Impact of the GDPR on Content Providers”
  • Denis Nekipelov, University of Virginia, and Tatiana Komarova, London School of Economics, “Identification and Formal Privacy Guarantees”
  • Simona Abis, Columbia University; Mehmet I. Canayaz, Pennsylvania State University; Ilja Kantorovitch, EPFL (École polytechnique fédérale de Lausanne); Roxana Mihet, HEC Lausanne; and Huan Tang, London School of Economics, “Privacy Laws and Value of Personal Data”
  • Miremad Soleymanian, Simon Fraser University; Charles Weinberg, University of British Columbia; and Ting Zhu, Purdue University, “Privacy Concerns, Economic Benefits, and Consumer Decisions: A Multiperiod Panel Study of Consumer Choices in the Automobile Insurance Industry”
  • Tania Babina, Columbia University; Greg Buchak, Stanford University; and Will Gornall, University of British Columbia, “Customer Data Access and Fintech Entry: Early Evidence from Open Banking”
  • Dirk Bergemann, Yale University, and Alessandro Bonatti, Massachusetts Institute of Technology, “Data, Competition and Digital Platforms”
  • Rajkumar Venkatesan, University of Virginia, and S. Arunachalam and Kiran Pedada, Indian School of Business, “Short Run Effects of the Generalized Data Protection Act on Returns from AI Acquisitions”
  • Joseph R. Buckman, Georgia State University; Idris Adjerid, Virginia Tech; and Catherine Tucker, “Privacy Regulation and Barriers to Public Health”

Summaries of these papers are at nber.org/conferences/economics-privacy-spring-2022

37th Annual Conference on Macroeconomics

The 37th Annual Conference on Macroeconomics took place March 31 to April 1 in Cambridge, MA and online. Research Associates Martin S. Eichenbaum of Northwestern University, Erik Hurst of the University of Chicago, and Valerie A. Ramey of the University of California, San Diego organized the meeting. A keynote address on the economic impact of trade sanctions was delivered by Lawrence Summers of Harvard University. These researchers’ papers were presented and discussed:

  • Rishabh Aggarwal, Stanford University; Adrien Auclert, Stanford University and NBER; Matthew Rognlie, Northwestern University and NBER; and Ludwig Straub, Harvard University and NBER, “Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies”
  • Michael D. Bauer, Universität Hamburg, and Eric T. Swanson, University of California, Irvine and NBER, “A Reassessment of Monetary Policy Surprises and High-Frequency Identification” (NBER Working Paper 29939)
  • 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)
  • Guido Menzio, New York University and NBER, “Stubborn Beliefs in Search Equilibrium” (NBER Working Paper 29937)
  • Job Boerma, University of Wisconsin-Madison, and Loukas Karabarbounis, University of Minnesota and NBER, “Persistent Racial Wealth Gaps

Summaries of these papers are at nber.org/conferences/37th-annual-conference-macroeconomics-2022

CEPRA/NBER Workshop on Aging, Cognitive Ability, and Decision-Making

A joint CEPRA/NBER Workshop on Aging and Health took place April 12 in Lugano, Switzerland. Fabrizio Mazzonna of the Universitá della Svizzera italiana and Research Associates Kathleen M. McGarry of the University of California, Los Angeles and Jonathan S. Skinner of Dartmouth College organized the meeting. These researchers’ papers were presented and discussed:

  • Jannis Stöckel, Pieter Bakx, and Bram Wouterse, Erasmus University Rotterdam, “Staying Sick but Feeling Better? The Impact of Health Shocks on Health Perceptions and Behaviors”
  • Maarten Lindeboom, Vrije Universiteit Amsterdam; Fabrizio Mazzonna and Mariya Melnychuk, Banco de España (the central bank of Spain), “Mental Health and Retirement”
  • 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)
  • Amitabh Chandra, Harvard University and NBER; Evan Flack, Stanford University; and Ziad Obermeyer, University of California, Berkeley and NBER, “The Health Costs of Cost-Sharing” (NBER Working Paper 28439)
  • Daniel Reck, London School of Economics, and Arthur Seibold, University of Mannheim, “The Welfare Economics of Reference Dependence”
  • John Ameriks, The Vanguard Group; Andrew Caplin, New York University and NBER; Minjoon Lee, Carleton University; Matthew D. Shapiro, University of Michigan and NBER; and Christopher Tonetti, Stanford University and NBER, “Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-Being” (NBER Working Paper 29634)
  • Michaela Pagel, Columbia University and NBER, and Arna Olafsson, Copenhagen Business School, “Retirement Puzzles: New Evidence from Personal Finances”
  • Kathleen M. McGarry, “The International Long-Term Care Project”
  • Jing Li, University of Washington; Amy Kelley, Mount Sinai School of Medicine; Kathleen M. McGarry; Lauren H. Nicholas, Colorado School of Public Health; and Jonathan S. Skinner, “Dementia and Long-Run Trajectories in Household Finances”
  • Axel H. Börsch-Supan, Max Planck Institute for Social Law and Social Policy and NBER; Michael D. Hurd, RAND Corporation and NBER; Susann Rohwedder, RAND Corporation; and Luca Salerno, Max Planck Institute Munich Center for the Economics of Aging, “Saving Regret in the US, Singapore and Europe: Failures of Individual Planning in Different Welfare Systems”
  • Yeongmi Jeong and Meghan Skira, University of Georgia; Nicholas W. Papageorge, Johns Hopkins University and NBER; and Kevin Thom, University of Wisconsin at Milwaukee, “Genetic Endowments, Alzheimer’s Disease, and Economic Outcomes”

Summaries of some of these papers are at nber.org/conferences/cepranber-workshop-aging-cognitive-ability-and-decision-making-spring-2022

Trade and Trade Policy in the 21st Century

An NBER conference on Trade and Trade Policy in the 21st Century took place April 89 in Cambridge and online. Research Associates Stephen J. Redding of Princeton University and Robert W. Staiger of Dartmouth College organized the meeting, which was supported by Smith Richardson Foundation grant #2018-1811. Ngozi Okonjo-Iweala, the director-general of the World Trade Organization, delivered a keynote address. These researchers’ papers were presented and discussed:

  • Lu Han, University of Liverpool, and Meredith Crowley and Thomas Prayer, University of Cambridge, “The Pro-competitive Effects of Trade Agreements”
  • David Atkin, Massachusetts Institute of Technology and NBER; Joaquin Blaum, Boston University; Pablo Fajgelbaum, Princeton University and NBER; and Augusto Ospital, University of California, Los Angeles, “Protectionism Unchained: Determinants and Consequences of Discretionary Trade Policy in Argentina”
  • Davin Chor, Dartmouth College and NBER, and Bingjing Li, The University of Hong Kong, “Illuminating the Effects of the US-China Tariff War on China’s Economy” (NBER Working Paper 29349)
  • Sharon Traiberman, New York University and NBER, and Martin Rotemberg, New York University, “Precautionary Protectionism”
  • Emanuel Ornelas, São Paulo School of Economics, and John Turner, University of Georgia, “The Costs and Benefits of Rules of Origin in Modern Free Trade Agreements”
  • T. Renee Bowen and Marc-Andreas Muendler, University of California, San Diego and NBER, and J. Lawrence Broz, University of California, San Diego, “The World Trade Organization and US Domestic Politics”
  • Gene M. Grossman, Princeton University and NBER; Elhanan Helpman, Harvard University and NBER; and Hugo Lhuillier, Princeton University, “Supply Chain Resilience: Should Policy Promote Diversification or Reshoring?” (NBER Working Paper 29330)
  • Hanwei Huang, City University of Hong Kong; Frank Pisch, Technical University of Darmstadt; and Kalina Manova and Oscar Perello, University College London, “Firm Heterogeneity and Imperfect Competition in Global Production Networks”
  • Ernest Liu, Princeton University and NBER, and Song Ma, Yale University and NBER, “Innovation Networks and Innovation Policy” (NBER Working Paper 29607)
  • Mary Amiti, Federal Reserve Bank of New York; Sang Hoon Kong, Columbia University; and David Weinstein, Columbia University and NBER, “Trade Protection, Stock-Market Returns, and Welfare” (NBER Working Paper 28758)

Summaries of these papers are at nber.org/conferences/trade-and-trade-policy-21st-century-conference-spring-2022

New Developments in Long-Term Asset Management

An NBER conference on New Developments in Long-Term Asset Management took place April 9 in Chicago and online. Research Associates Luis M. Viceira of Harvard University and Annette Vissing-Jorgensen of the Federal Reserve Board organized the meeting, which was supported by Norges Bank Investment Management grant #NFI 2969-39117. A keynote address was delivered by Stijn Van Nieuwerburgh of Columbia University and the NBER.

  • Ludovic Phalippou, University of Oxford; Elise Gourier, ESSEC Business School; and Mark Westerfield, University of Washington, “Capital Commitment”
  • Lauren Cohen, Harvard University and NBER; Umit Gurun, University of Texas at Dallas; and Quoc Nguyen, DePaul University, “The ESG-Innovation Disconnect: Evidence from Green Patenting” (NBER Working Paper 27990)
  • Valentin Haddad, University of California, Los Angeles and NBER; Paul Huebner, University of California, Los Angeles; and Erik Loualiche, University of Minnesota, “How Competitive Is the Stock Market? Theory, Evidence from Portfolios, and Implications for the Rise of Passive Investing”
  • Alexander Michaelides and Yuxin Zhang, Imperial College London, “Strategic Asset Allocation for Sovereign Wealth Funds”
  • Xiang Fang and Yang Liu, University of Hong Kong. and Nikolai Roussanov, University of Pennsylvania and NBER, “Getting to the Core: Inflation Risks within and across Asset Classes”
  • Lorenzo Bretscher and Varun Sharma, London Business School; Lukas Schmid, University of Southern California; Ishita Sen, Harvard University; and Varun Sharma, London Business School, “Institutional Corporate Bond Pricing”

Summaries of these papers are at nber.org/conferences/new-developments-long-term-asset-management-spring-2022

Megafirms and the Post-COVID Economy

An NBER conference on Megafirms and the Post-COVID Economy took place April 22 in Cambridge and online. Research Associates Chad Syverson of the University of Chicago and John Van Reenen of the London School of Economics organized the meeting, which was supported by Smith Richardson Foundation grant #2018-1897. A keynote address was delivered by Jean Tirole of the Toulouse School of Economics. These researchers’ papers were presented and discussed:

  • Hendrik Döpper and Joel Stiebale, Heinrich-Heine University Düsseldorf; Alexander MacKay, Harvard University; and Nathan H. Miller, Georgetown University, “Rising Markups and the Role of Consumer Preferences”
  • Maarten C. De Ridder, London School of Economics, “Market Power and Innovation in the Intangible Economy”
  • Bo Cowgill and Andrea Prat, Columbia University; and Tommaso Valletti, Imperial College London, “Political Power and Market Power”
  • Ginger Zhe Jin, University of Maryland and NBER; Mario Leccese, University of Maryland; and Liad Wagman, Illinois Institute of Technology, “How Do Top Acquirers Compare in Technology Mergers? New Evidence from an S&P Taxonomy” (NBER Working Paper 29642)
  • Florian Ederer, Yale University, and Bruno Pellegrino, University of Maryland, “A Tale of Two Networks: Common Ownership and Product Market Rivalry” (NBER Working Paper 30004)
  • Renjie Bao and Jan Eeckhout, Universitat Pompeu Fabra, and Jan De Loecker, Katholieke Universiteit Leuven and NBER, “Are Managers Paid for Market Power?” (NBER Working Paper 29918)
  • Hanwei Huang, City University of Hong Kong; Frank Pisch, Technical University of Darmstadt; and Kalina Manova and Oscar Perello, University College London, “Firm Heterogeneity and Imperfect Competition in Global Production Networks”
  • Spencer Yongwook Kwon, Harvard University; Yueran Ma, University of Chicago and NBER; and Kaspar Zimmermann, Leibniz Institute for Financial Research SAFE, “100 Years of Rising Corporate Concentration”

Summaries of these papers are at nber.org/conferences/megafirms-and-post-covid-economy-spring-2022

Investments in Early Career Scientists

An NBER conference on Investments in Early Career Scientists took place April 29 in Washington, DC and online. Research Associates Donna K. Ginther of the University of Kansas, Bruce A. Weinberg of The Ohio State University, and Kaye Husbands Fealing of the Georgia Institute of Technology organized the meeting, which was supported by Alfred P. Sloan Foundation grant #G-2020-14066. Keynote addresses were delivered by Michael Lauer, deputy director for extramural research at the National Institutes of Health, and by Nikolay Ogryzko of UK Research and Innovation. These researchers’ papers were presented and discussed:

  • Joshua L. Rosenbloom, Iowa State University and NBER, “What Explains Science’s Expanded Reliance on Postdoctoral Researchers?”
  • Stephanie D. Cheng, Edgeworth Economics; Elisabeth Perlman and Joseph Staudt, US Census Bureau; and Wei Yang Tham, Harvard University, “The Effect of Funding Delays on the Research Workforce: Evidence from Tax Records”
  • Marc J. Lerchenmueller and Leo Schmallenbach, University of Mannheim, and Karin Hoisl, Max Planck Institute for Innovation and Competition, “The Effect of Mentor Gender on the Evaluation of Protégés”
  • Breno Braga, Urban Institute; Gaurav Khanna, University of California, San Diego; and Sarah Turner, University of Virginia and NBER, “Minimum Wages for the Scientific Workforce: How a Fair Labor Standards Proposal Impacted Postdoctoral Researchers”
  • Ina Ganguli, University of Massachusetts Amherst, and Raviv Murciano-Goroff, Boston University, “Price Shocks and Scientific Production: Evidence from Minimum Wages and University Procurement Contracts”
  • Xuan Jiang, The Ohio State University; Joseph Staudt; and Bruce A. Weinberg, “A Tale of Two Markets? Knowledge, Skill, and STEM Career Outcomes”

Summaries of some of these papers are at nber.org/conferences/investments-early-career-scientists-spring-2022

Economics of Culture and Institutions

An NBER conference on the Economics of Culture and Institutions took place April 2930 in Cambridge and 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:

  • Anjali Adukia, University of Chicago and NBER; Alex Eble, Columbia University; and Emileigh Harrison, Hakizumwami B. Runesha, and Teodora Szasz, University of Chicago, “What We Teach About Race and Gender: Representation in Images and Text of Children’s Books”
  • Saumitra Jha and Anna Dagorret, Stanford University; Julia Cagé, Sciences Po; and Pauline Grosjean, University of New South Wales, “Heroes and Villains: The Effects of Heroism on Autocratic Values and Nazi Collaboration in France”
  • Paola Giuliano and Marco Tabellini, Harvard University, “The Seeds of Ideology: Historical Immigration and Political Preferences in the United States” (NBER Working Paper 27238)
  • Humberto Laudares, University of Geneva, and Felipe Valencia Caicedo, University of British Columbia, “Tordesillas, Slavery and the Origins of Brazilian Inequality”
  • Jean-Paul Carvalho, University of Oxford; Bary Pradelski, Université Grenoble-Alpes, CNRS; and Cole R. Williams, University of Vienna, “Affirmative Action with Multidimensional Identities”
  • Paula Calvo, Yale University; Ilse Lindenlaub, Yale University and NBER; and Ana Reynoso, University of Michigan, “Marriage Market and Labor Market Sorting” (NBER Working Paper 28883)
  • Jonathan P. Beauchamp and Jonathan Schulz, George Mason University, and Duman Bahrami-Rad and Joseph Henrich, Harvard University, “Kin-Based Institutions and Economic Development”

Summaries of these papers are at nber.org/conferences/economics-culture-and-institutions-spring-2022

Emerging and Frontier Markets: Capital Flows, Resiliency, Risks, and Growth

An NBER conference on Emerging and Frontier Markets: Capital Flows, Resiliency, Risks, and Growth took place May 910 in Cartagena, Colombia. Research Associates Mark A. Aguiar of Princeton University and Șebnem Kalemli-Özcan of the University of Maryland, and Cristina Arellano of the Federal Reserve Bank of Minneapolis, organized the meeting, which was supported by the NBER, the Latin American Reserve Fund, and Banco de la República (the central bank of Colombia). These researchers’ papers were presented and discussed:

  • Enrique G. Mendoza, University of Pennsylvania and NBER, and Vincenzo Quadrini, University of Southern California, “Global Demand for Financial Assets, Falling Real Interest Rates and Macroeconomic Instability”
  • Manuel Amador, University of Minnesota and NBER, and Javier Bianchi, Federal Reserve Bank of Minneapolis, “Bank Runs, Fragility, and Credit Easing” (NBER Working Paper 29397)
  • Haonan Zhou, Princeton University, “Open Economy, Redistribution, and the Aggregate Impact of External Shocks”
  • Oleg Itskhoki, University of California, Los Angeles and NBER, and Dmitry Mukhin, London School of Economics, “Optimal Exchange Rate Policy”
  • Ina Simonovska, University of California, Davis and NBER; Felipe Saffie, University of Virginia; and Bryan Hardy, Bank for International Settlements, “Economic Stabilizers in Emerging Markets: The Case for Trade Credit”
  • Bryan Hardy; Karen K. Lewis, University of Pennsylvania and NBER; and Xiang Fang, University of Hong Kong, “Who Holds Sovereign Debt and Why It Matters”
  • Liliana Varela, London School of Economics; Laura Alfaro, Harvard University and NBER; and Mauricio Calani, Central Bank of Chile, “Currency Hedging: Managing Cash Flow Exposure” (NBER Working Paper 28910)
  • Lawrence Christiano, Northwestern University and NBER; Hüsnü Dalgic, University of Mannheim; and Armen Nurbekyan, Central Bank of Armenia, “Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?” (NBER Working Paper 29034)
  • Yasin Kürşat Önder, Ghent University, and Maria Alejandra Ruiz-Sanchez and Mauricio Villamizar-Villegas, Banco de la República, “Debt Moratorium: Theory and Evidence”
  • Andrea Fabiani, Bank of Italy; Martha Lopez, Banco de la República; José-Luis Peydró, Imperial College London; and Paul Soto, Federal Deposit Insurance Corporation, “Capital Controls, Corporate Debt, and Real Effects”
  • Juan C. Hatchondo, University of Western Ontario; Leonardo Martinez, International Monetary Fund; and César Sosa-Padilla, University of Notre Dame and NBER, “Sovereign Debt Standstills” (NBER Working Paper 28292)

Summaries of these papers are at nber.org/conferences/emerging-and-frontier-markets-capital-flows-resiliency-risks-and-growth

Economic Perspectives on Water Resources, Climate Change, and Agricultural Sustainability

An NBER conference on Economic Perspectives on Water Resources, Climate Change, and Agricultural Sustainability took place May 12–13 online. Research Associate Gary D. Libecap of the University of California, Santa Barbara and Ariel Dinar of the University of California, Riverside organized the meeting, which was supported by US Department of Agriculture grant #59-3000-7-0102/3. These researchers’ papers were presented and discussed:

Summaries of these papers are at nber.org/conferences/economic-perspectives-water-resources-climate-change-and-agricultural-sustainability

Environmental and Energy Policy and the Economy

An NBER conference on Environmental and Energy Policy and the Economy took place May 19 in Washington, DC and 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 Alfred P. Sloan Foundation grant #G-2021-16792. The meeting included a panel discussion on the social cost of carbon featuring Richard Newell of Resources for the Future and Richard Revesz of New York University. These researchers’ papers were presented and discussed:

  • E. Mark Curtis, Wake Forest University, and Ioana Marinescu, University of Pennsylvania and NBER, “Green Energy Jobs in the US: What Are They and Where Are They?”
  • Gilbert E. Metcalf, Tufts University and NBER, “The Distributional Impacts of a VMT-Gas Tax Swap” (NBER Working Paper 30129)
  • Severin Borenstein, University of California, Berkeley and NBER, and Ryan Kellogg, University of Chicago and NBER, “Carbon Pricing, Clean Electricity Standards, and Clean Electricity Subsidies on the Path to Zero Emissions”
  • Danae Hernandez-Cortes, Arizona State University; Kyle C. Meng, University of California, Santa Barbara and NBER; and Paige Weber, University of North Carolina at Chapel Hill, “Decomposing Trends in Air Pollution Disparities from US Electricity”
  • Sarah E. Anderson and Andrew Plantinga, University of California, Santa Barbara; and Matthew Wibbenmeyer, Resources for the Future, “Unequal Treatments: Federal Wildfire Fuels Projects and Socioeconomic Status of Nearby Communities”
  • David Weisbach, University of Chicago; Samuel S. Kortum, Yale University and NBER; Michael Wang, Northwestern University; and Yujia Yao, The World Bank, “Trade, Leakage, and the Design of a Carbon Tax”

Summaries of these papers are at nber.org/conferences/environmental-and-energy-policy-and-economy-conference-spring-2022

Labor Market for Older Workers

An NBER conference on the Labor Market for Older Workers took place May 1920 in Cambridge, MA and online. Research Associates Robert L. Clark of North Carolina State University, Kevin S. Milligan of the University of British Columbia, and Joseph P. Newhouse of Harvard University organized the meeting, which was supported by Alfred P. Sloan Foundation grants #G-2018-10089 and #G-2017-8870. A keynote address was delivered by former Council of Economic Advisers Chair Jason Furman of the Harvard Kennedy School. These researchers’ papers were presented and discussed:

  • Rahi Abouk, William Paterson University; Keshar M. Ghimire, University of Cincinnati - Blue Ash; Johanna Catherine Maclean, Temple University and NBER; and David Powell, RAND Corporation, “Pain Management and Work Capacity: Evidence from Marijuana Legalization”
  • Ian Burn, University of Liverpool; Daniel Firoozi and Daniel Ladd, University of California, Irvine; and David Neumark, University of California, Irvine and NBER, “Stereotyped Language in Job Ads and Decisions by Older Workers to Apply for a Job: A Field Experiment”
  • Gopi Shah Goda, Stanford University and NBER; Emilie Jackson, Michigan State University; Lauren H. Nicholas, Colorado School of Public Health; and Sarah Stith, University of New Mexico, “The Impact of COVID-19 on Older Workers’ Employment and Social Security Spillovers: Evidence from Year 2”
  • Laura Quinby, Matthew S. Rutledge, and Gal Wettstein, Boston College, “How Has COVID-19 Affected the Labor Force Participation of Older Workers?”
  • Eric French, University of Cambridge; Attila S. Lindner and Tom Zawisza, University College London; and Cormac O’Dea, Yale University and NBER, “Labor Supply and the Pension Contribution-Benefit Link”
  • Yulya Truskinovsky, Wayne State University; Nicole Maestas, Harvard University and NBER; and Matt Messel, Social Security Administration, “Caregiving and Labor Force Participation: New Evidence from Administrative Data”
  • Anikó Bíró, Centre for Economic and Regional Studies; Reka Branyiczki and Lili Márk, Central European University; Attila S. Lindner; and Daniel Prinz, Institute for Fiscal Studies, “Firm Heterogeneity and the Impact of Payroll Taxes”
  • Zhixiu Yu, University of Minnesota, “Why Are Older Men Working More? The Role of Social Security”
  • Steven G. Allen and Ting Wang, North Carolina State University, “Forever Young: Where Older Workers Keep On Working”

Summaries of some of these papers are at nber.org/conferences/labor-market-older-workers-spring-2022

Inflation Expectations: Determinants and Consequences

An NBER conference on Inflation Expectations: Determinants and Consequences took place May 19 online. Francesco D’Acunto of Boston College, Faculty Research Fellow Michael Weber of the University of Chicago, and Research Associate Jing Cynthia Wu of the University of Notre Dame organized the meeting. A keynote address was delivered by former Federal Reserve Chair Ben Bernanke, now at the Brookings Institution. These researchers’ papers were presented and discussed:

  • Ángelo Gutiérrez-Daza, Universitat Pompeu Fabra, “Business Cycles When Consumers Learn by Shopping”
  • Elias Albagli and Emiliano E. Luttini, Central Bank of Chile, and Francesco Grigoli, International Monetary Fund, “Inflation Expectations and the Supply Chain”
  • Jeremy Rudd, Federal Reserve Board, “Why Do We Think That Inflation Expectations Matter for Inflation? (And Should We?)”
  • Laura V. Gáti, European Central Bank, “Monetary Policy and Anchored Expectations - An Endogenous Gain Learning Model”
  • Jonas Fisher and Leonardo Melosi, Federal Reserve Bank of Chicago, and Sebastian Rast, De Nederlandsche Bank (the central bank of the Netherlands), “Anchoring Long-Run Inflation Expectations in a Panel of Professional Forecasters”
  • Peter Andre, University of Bonn; Ingar K. Haaland, University of Bergen; Christopher Roth, University of Cologne; and Johannes Wohlfart, University of Copenhagen, “Narratives about the Macroeconomy”
  • Frédérique Savignac and Erwan Gautier, Banque de France (the central bank of France); Yuriy Gorodnichenko, University of California, Berkeley and NBER; and Olivier Coibion, University of Texas at Austin and NBER, “Firms’ Inflation Expectations: New Evidence from France” (NBER Working Paper 29376)

Summaries of these papers are at nber.org/conferences/inflation-expectations-determinants-and-consequences-spring-2022

New Directions in Transportation Economics

An NBER conference on New Directions in Transportation Economics took place May 25 online. Research Associates Edward L. Glaeser of Harvard University, James M. Poterba of the Massachusetts Institute of Technology, and Stephen J. Redding of Princeton University organized the meeting, which was supported by the US Department of Transportation through an interagency agreement with the National Science Foundation, grant #1559013. A keynote address was delivered by Alexander Budzier of the University of Oxford. These researchers’ papers were presented and discussed:

  • David S. Rapson, University of California, Davis, and Erich Muehlegger, University of California, Davis and NBER, “The Economics of Electric Vehicles” (NBER Working Paper 29093)
  • Giulia Brancaccio, New York University and NBER; Myrto Kalouptsidi, Harvard University and NBER; and Theodore Papageorgiou, Boston College, “Transport Markets, Port Infrastructure, and World Trade”
  • Valentin Bolotnyy, Stanford University, and Shoshana Vasserman, Stanford University and NBER, “Scaling Auctions As Insurance: A Case Study in Infrastructure Procurement”
  • 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”
  • Elaine Buckberg, General Motors, “Supply Chain Bottlenecks and Vehicle Production during the COVID-19 Pandemic”
  • Christopher R. Knittel, Massachusetts Institute of Technology and NBER; Shanjun Li, Cornell University and NBER; and James H. Stock, Harvard University and NBER, “Policies for Electrifying the Light-Duty Vehicle Fleet in the US”
  • Jeffrey B. Liebman, Harvard University and NBER, “Improving Procurement Outcomes: Lessons from US Cities, Counties, and States”

Slides for these presentations are at nber.org/conferences/new-directions-transportation-economics-spring-2022

Trans-Atlantic Public Economics Seminar: Economic Behavior and Inequality

An NBER conference, Trans-Atlantic Public Economics Seminar: Economic Behavior and Inequality, took place June 68 in Copenhagen. Research Associate Hilary W. Hoynes of the University of California, Berkeley and Claus Thustrup Kreiner of the University of Copenhagen organized the meeting, which was supported by the Center for Economic Behavior and Inequality at the University of Copenhagen. Keynote addresses were delivered by Hoynes and by Richard Blundell of University College London.These researchers’ papers were presented and discussed:

  • Chloe N. East, University of Colorado Denver; Sarah Miller, University of Michigan and NBER; Marianne E. Page, University of California, Davis and NBER; and Laura Wherry, New York University and NBER, “Multigenerational Impacts of Childhood Access to the Safety Net: Early Life Exposure to Medicaid and the Next Generation’s Health”
  • Antoine Ferey, University of Munich and CESifo; Benjamin Lockwood, University of Pennsylvania and NBER; and Dmitry Taubinsky, University of California, Berkeley and NBER, “Sufficient Statistics for Nonlinear Tax Systems with General Across-Income Heterogeneity” (NBER Working Paper 29582)
  • Sarah Eichmeyer, University of Munich, and Christina A. Kent, Stanford University, “Parenthood in Poverty”
  • Sydnee Caldwell, University of California, Berkeley; Scott T. Nelson, University of Chicago; and Daniel C. Waldinger, New York University and NBER, “Tax Refund Uncertainty: Evidence and Welfare Implications”
  • William Boning, US Department of the Treasury; Nathaniel Hendren, Harvard University and NBER; and Ben Sprung-Keyser and Ellen M. Stuart, Harvard University, “The Heterogeneous Welfare Impacts of Tax Enforcement”
  • Søren Leth-Petersen and Johan Saeverud, University of Copenhagen, Andrew Caplin, New York University and NBER; and Eungik Lee, New York University, “Communicating Social Security Reform”
  • Petra G. Cavalca, Mette Ejrnaes, and Mette Gørtz, University of Copenhagen, “Health, Education, and Crime of Children in Out-of-Home Care”
  • Daniel K. Fetter, Stanford University and NBER; Lee Lockwood, University of Virginia and NBER; and Paul Mohnen, University of Pennsylvania, “Long-Run Intergenerational Effects of Social Security”
  • Peter Andre, briq - Institute on Behavior & Inequality, “Shallow Meritocracy”
  • Tatiana Homonoff, New York University and NBER; Eric Giannella and Gwen Rino, Code for America; and Jason Somerville, Federal Reserve Bank of New York, “Removing Barriers to Program Enrollment: Experimental Evidence from SNAP”

Summaries of some of these papers are at nber.org/conferences/trans-atlantic-public-economics-seminar-economic-behavior-and-inequality-2022