Meetings, Summer 2022

07/05/2022

Featured in print Reporter

Environment and Energy Economics

Members of the NBER’s Environment and Energy Economics Program met March 24–25 in Cambridge and online. Program Director Christopher R. Knittel of the Massachusetts Institute of Technology and Faculty Research Fellow Lint Barrage of the University of California, Santa Barbara organized the meeting. These researchers’ papers were presented and discussed:

Yuanning Liang, Peking University; Ivan J. Rudik, Cornell University; and Eric Zou, University of Oregon and NBER, “Economic Production and Biodiversity in the United States” (NBER Working Paper 29357)
Nolan H. Miller and David Molitor, University of Illinois at Urbana-Champaign and NBER, and Eric Zou, “A Causal Concentration-Response Function for Air Pollution: Evidence from Wildfire Smoke”
Thomas R. Covert, University of Chicago and NBER, and Richard Sweeney, Boston College, “Winds of Change: Estimating Learning by Doing without Cost or Input Data”
Luis Gonzales, Pontificia Universidad Católica de Chile; Koichiro Ito, University of Chicago and NBER; and Mar Reguant, Northwestern University and NBER, “The Value of Infrastructure and Market Integration: Evidence from Renewable Expansion in Chile”
Ishan B. Nath, Princeton University, “Climate Change, the Food Problem, and the Challenge of Adaptation through Sectoral Reallocation”
Stefano Carattini and Givi Melkadze, Georgia State University, and Garth Heutel, Georgia State University and NBER, “Climate Policy, Financial Frictions, and Transition Risk” (NBER Working Paper 28525)
Mark Buntaine, University of California, Santa Barbara; Michael Greenstone, University of Chicago and NBER; Guojun He, University of Hong Kong; Mengdi Liu, University of International Business and Economics; Shaoda Wang, University of Chicago; and Bing Zhang, Nanjing University, “Citizen Participation and Government Accountability: National-Scale Experimental Evidence from Pollution Appeals in China”
Jeffrey G. Shrader Jr., Columbia University; Laura A. Bakkensen, University of Arizona; and Derek Lemoine, University of Arizona and NBER, “Fatal Errors: The Mortality Value of Accurate Weather Forecasts”
Robyn Meeks and Zhenxuan Wang, Duke University, and Arstan Omuraliev and Ruslan Isaev, Kyrgyz State Technical University, “Impacts of Electricity Quality Improvements: Experimental Evidence from Infrastructure Investments”
Eyal G. Frank and Anant Sudarshan, University of Chicago, “The Social Costs of Keystone Species Collapse: Evidence from the Decline of Vultures in India”

Summaries of these papers are at nber.org/conferences/environment-and-energy-economics-program-meeting-spring-2022

Development of the American Economy

Members of the NBER’s Program on the Development of the American Economy met March 26 in Cambridge and online. Program Directors Leah Platt Boustan of Princeton University and William J. Collins of Vanderbilt University organized the meeting. These researchers’ papers were presented and discussed:

Dora Costa, University of California, Los Angeles and NBER, “Health Shocks of the Father and Longevity of the Children’s Children” (NBER Working Paper 29553)
Lee J. Alston, Indiana University and NBER; Marie Duggan, Keene State College; and Julio A. Ramos Pastrana, Pennsylvania State University, “Keeping the Faith: Spanish Missions and Their Impact on Native Americans in the Southwest and California”
Samuel Bazzi, University of California, San Diego and NBER; Andreas Ferrara, University of Pittsburgh; Martin Fiszbein, Boston University and NBER; Thomas P. Pearson, Boston University; and Patrick A. Testa, Tulane University, “The Other Great Migration: Southern Whites and the New Right” (NBER Working Paper 29506)
Innessa Colaiacovo, Harvard University; Daniel P. Gross, Duke University and NBER; and Jorge Guzman, Columbia University and NBER, “The Development of the American Entrepreneurial Economy”
Michela Giorcelli, University of California, Los Angeles and NBER, and Bo Li, Tsinghua University, “Technology Transfer and Early Industrial Development: Evidence from the Sino-Soviet Alliance” (NBER Working Paper 29455)
Hoyt Bleakley and Paul Rhode, University of Michigan and NBER, “The Economic Effects of American Slavery: Tests at the Border”

Summaries of these papers are at nber.org/conferences/development-american-economy-program-meeting-spring-2022

Organizational Economics

Members of the NBER’s Organizational Economics Working Group met April 1–2 in Cambridge and online. Working Group Director Robert S. Gibbons of the Massachusetts Institute of Technology organized the meeting. These researchers’ papers were presented and discussed:

Gary Hamel, London Business School, “Reinventing Management: Lessons from the Vanguard”
Bo Cowgill and Patryk Perkowski, Columbia University; Jonathan M. V. Davis, University of Oregon; and Pablo Montagnes, Emory University, “Matchmaking Principals: Theory and Evidence from Internal Labor Markets”
Alain de Janvry and Elisabeth Sadoulet, University of California, Berkeley; Guojun He, University of Hong Kong; Shaoda Wang, University of Chicago; and Qiong Zhang, Renmin University of China, “Subjective Performance Evaluation, Influence Activities, and Bureaucratic Work Behavior: Evidence from China”
Florian Englmaier, University of Munich; Stefan Grimm, Dominik Grothe, and Simeon Schudy, LMU Munich; and David Schindler, Tilburg University, “The Value of Leadership: Evidence from a Large-Scale Field Experiment”
Xiang Ding, Georgetown University; Teresa C. Fort, Dartmouth College and NBER; Stephen J. Redding, Princeton University and NBER; and Peter K. Schott, Yale University and NBER, “Structural Change within versus across Firms: Evidence from the United States” (NBER Working Paper 30127)
Elena Paltseva, Stockholm School of Economics, and Gerhard Toews and Marta Troya-Martinez, New Economic School, “I’ll Pay You Later: Relational Contracts in the Oil Industry”
Erik Snowberg, University of Utah and NBER, and Michael Ting, Columbia University, “An Organizational Theory of State Capacity”
Albert Choi, University of Michigan, and Kathryn E. Spier, Harvard University and NBER, “Liability for Non-disclosure in Equity Financing”
Weijia Li, Monash University; Gérard Roland, University of California, Berkeley and NBER; and Yang Xie, University of California, Riverside, “Hobbesian War and Democracy”
Mariagiovanna Baccara and SangMok Lee, Washington University in St. Louis, and Leeat Yariv, Princeton University and NBER, “Task Allocation and On-the-Job Training” (NBER Working Paper 29312)
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)
Michael Haylock and Patrick Kampkötter, University of Tübingen, and Michael Kosfeld and Ferdinand von Siemens, Goethe University Frankfurt, “Helping and Antisocial Behavior in the Workplace”
Robert Akerlof, University of Warwick; Anik Ashraf, LMU Munich; Rocco Macchiavello, London School of Economics; and Atonu Rabbani, University of Dhaka, “Layoffs and Productivity at a Bangladeshi Sweater Factory”
Ingrid Haegele, University of California, Berkeley, “Talent Hoarding in Organizations”

Summaries of these papers are at nber.org/conferences/organizational-economics-working-group-spring-2022

Asset Pricing

Members of the NBER’s Asset Pricing Program met April 8 in Chicago and online. Research Associates Arvind Krishnamurthy and Monika Piazzesi, both of Stanford University, organized the meeting. These researchers’ papers were presented and discussed:

Mark L. Egan, Harvard University and NBER, and Alexander MacKay and Hanbin Yang, Harvard University, “What Drives Variation in Investor Portfolios? Evidence from Retirement Plans” (NBER Working Paper 29604)
Mikhail Chernov and Lars A. Lochstoer, University of California, Los Angeles and NBER, and Dongho Song, Johns Hopkins University, “The Real Channel for Nominal Bond-Stock Puzzles” (NBER Working Paper 29085)
Niels Joachim Gormsen, University of Chicago, and Kilian Huber, University of Chicago and NBER, “Discount Rates: Measurement and Implications for Investment”
Svetlana Bryzgalova, Anna Pavlova, and Taisiya Sikorskaya, London Business School, “Retail Trading in Options and the Rise of the Big Three Wholesalers”
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)

Summaries of these papers are at nber.org/conferences/asset-pricing-program-meeting-spring-2022

Race and Stratification

Members of the NBER’s Working Group on Race and Stratification met April 8 in Cambridge and online. Working Group Director Trevon Logan of The Ohio State University; Research Associates Rodney Andrews of the University of Texas at Dallas and Lisa D. Cook of Michigan State University; and Faculty Research Fellow Conrad Miller of the University of California, Berkeley organized the meeting. These researchers’ papers were presented and discussed:

Phillip B. Levine, Wellesley College and NBER, and Dubravka Ritter, Federal Reserve Bank of Philadelphia, “The Racial Wealth Gap, Financial Aid, and College Access”
Rahul Goravara, Yale University, “Racial Disparities in Housing Evictions”
Alex Chan, Stanford University, “Discrimination and Quality Signals: A Field Experiment with Healthcare Shoppers”
Andrew Butters, Daniel W. Sacks, and Boyoung Seo, Indiana University, “Racial Differences in Prices Paid”
Vicki Bogan, Katya Potemkina, and Scott E. Yonker, Cornell University, “What Drives Racial Diversity on US Corporate Boards?”
Robynn J. A. Cox, University of Southern California; Jamein P. Cunningham, Cornell University; and Alberto Ortega, Indiana University, “The Impact of Affirmative Action Litigation on Police Killings of Civilians”
Ying Shi and Maria Zhu, Syracuse University, “‘Model Minorities’ in the Classroom? Positive Bias towards Asian Students and Its Consequences”

Summaries of these papers are at nber.org/conferences/working-group-race-and-stratification-spring-2022

Corporate Finance

Members of the NBER’s Corporate Finance Program met April 8 in Chicago and online. Research Associates Giorgia Piacentino of Columbia University and Michael R. Roberts of the University of Pennsylvania organized the meeting. These researchers’ papers were presented and discussed:

Samuel Antill, Harvard Business School, “Are Bankruptcy Professional Fees Excessively High?”
Gordon M. Phillips, Dartmouth College and NBER, and Gerard Hoberg, University of Southern California, “Scope, Scale, and Competition: The 21st Century Firm”
Guangqian Pan, University of Sydney; Zheyao Pan, Macquarie University; and Kairong Xiao, Columbia University, “The Shadow Cost of Collateral”
Kristoph Kleiner and Niklas Huether, Indiana University, “Are Judges Randomly Assigned to Chapter 11 Bankruptcies? Not According to Hedge Funds”
Raghuram Rajan and Luigi Zingales, University of Chicago and NBER, “What Purpose Do Corporations Purport? Evidence from Letters to Shareholders”
Sasha Indarte, University of Pennsylvania, “Bad News Bankers: Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets”
Adriano A. Rampini and S. Vish Viswanathan, Duke University and NBER, “Collateral and Secured Debt”
Anthony A. DeFusco, Northwestern University and NBER; Huan Tang, London School of Economics; and Constantine Yannelis, University of Chicago and NBER, “Measuring the Welfare Cost of Asymmetric Information in Consumer Credit Markets” (NBER Working Paper 29270)

Summaries of these papers are at nber.org/conferences/corporate-finance-program-meeting-spring-2022

Behavioral Finance

Members of the NBER’s Behavioral Finance Working Group met April 9 in Chicago and online. Working Group Director Nicholas C. Barberis of Yale University organized the meeting, which was supported by Fuller and Thaler Asset Management and Bracebridge Capital. These researchers’ papers were presented and discussed:

Sheridan Titman, University of Texas at Austin and NBER, and Lin Peng, Muhammed Yonac, and Dexin Zhou, Baruch College, “Social Ties and Predictable Returns”
Pedro Bordalo, University of Oxford; Katherine B. Coffman, Harvard University; Nicola Gennaioli, Bocconi University; and Andrei Shleifer, Harvard University and NBER, “Imagining the Future: Memory, Simulation, and Beliefs about COVID”
Taha Choukhmane, Massachusetts Institute of Technology and NBER, and Tim de Silva, Massachusetts Institute of Technology, “What Drives Investors’ Portfolio Choices? Separating Risk Preferences from Frictions”
Alan Kwan, Hong Kong University; Yukun Liu, University of Rochester; and Ben Matthies, University of Notre Dame, “Institutional Investor Attention”
Sebastian Hillenbrand and Odhrain McCarthy, New York University, “Heterogeneous Investors and Stock Market Fluctuations”
Emanuele Colonnelli, University of Chicago and NBER; Niels Joachim Gormsen, University of Chicago; and Timothy McQuade, University of California, Berkeley, “Selfish Corporations”

Summaries of these papers are at nber.org/conferences/behavioral-finance-working-group-meeting-spring-2022

Public Economics

Members of the NBER’s Public Economics Program met April 21–22 in Cambridge and online. Faculty Research Fellows Ellora Derenoncourt of Princeton University and Eric Zwick of the University of Chicago and Research Associate Neale Mahoney of Stanford University organized the meeting. These researchers’ papers were presented and discussed:

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”
Jonas Kolsrud, Uppsala University, and Camille Landais, Johannes Spinnewijn, and Daniel Reck, London School of Economics, “Retirement Consumption and Pension Design”
Aria Golestani, University of California, Irvine, “Silenced: Consequences of the Nuisance Property Ordinances”
Katy Bergstom, The World Bank; William Dodds, Tulane University; and Juan Rios, Uber, “Welfare Analysis of Changing Notches: Evidence from Bolsa Familia”
Ithai Lurie, US Department of the Treasury; Elena Patel, University of Utah; and Shanthi Ramnath, Federal Reserve Bank of Chicago, “Inducing Labor: The Impact of Health Insurance on Postnatal Labor Supply”
Thomas Blanchet, University of California, Berkeley, and Emmanuel Saez and Gabriel Zucman, University of California, Berkeley and NBER, “Real-Time Inequality”
Ursina M. Schaede, University of Zurich, and Ville Mankki, University of Turku, “Quota versus Quality? Long-Term Gains from an Unusual Gender Quota”
Sarah Robinson, University of California, Santa Barbara, and Alisa Tazhitdinova, University of California, Santa Barbara and NBER, “What Drives Tax Policy? Political, Institutional, and Economic Determinants of State Tax Policy in the Past 70 Years”
Motohiro Yogo, Princeton University and NBER; Andrew Whitten, US Department of the Treasury; and Natalie Cox, Princeton University, “Financial Inclusion across the United States”
Kevin A. Roberts, Duke University; E. Mark Curtis, Wake Forest University; Eric C. Ohrn, Grinnell College; Juan Carlos Suárez Serrato, Duke University and NBER; and Daniel G. Garrett, University of Pennsylvania, “Capital Investment and Labor Demand” (NBER Working Paper 29485)
George Bulman, University of California, Santa Cruz; Sarena Goodman, Federal Reserve Board; and Adam Isen, US Department of the Treasury, “The Effect of Wealth on Homeownership, Marriage, and Fertility: Evidence from State Lotteries”
Matias Giaccobasso, University of California, Los Angeles; Brad C. Nathan and Alejandro Zentner, University of Texas at Dallas; and Ricardo Perez-Truglia, University of California, Berkeley and NBER, “Where Do My Tax Dollars Go? Tax Morale Effects of Perceived Government Spending” (NBER Working Paper 29789)
Rebecca Diamond, Stanford University and NBER, and Enrico Moretti, University of California, Berkeley and NBER, “Where Is Standard of Living the Highest? Local Prices and the Geography of Consumption” (NBER Working Paper 29533)
Nirupama L. Rao, University of Michigan, and Max Risch, Carnegie Mellon University, “How Do Small Firms Accommodate Minimum Wage Increases? Evidence from Matched Employer-Employee Tax Returns”
Andrew Garin, University of Illinois at Urbana-Champaign; Emilie Jackson, Michigan State University; Dmitri K. Koustas, University of Chicago; and Alicia Miller, Internal Revenue Service, “The Evolution of Platform Gig Work, 2012–2020”

Summaries of some of these papers are at nber.org/conferences/public-economics-program-meeting-spring-2022

Economics of Aging

Members of the NBER’s Economics of Aging Program met April 22 in Cambridge and online. Research Associate Kathleen M. McGarry of the University of California, Los Angeles and Program Director Jonathan S. Skinner of Dartmouth College organized the meeting. These researchers’ papers were presented and discussed:

Engy Ziedan, Tulane University; Kosali I. Simon, Indiana University and NBER; and Coady Wing, Indiana University, “Mortality Effects of Healthcare Supply Shocks: Evidence Using Linked Deaths and Electronic Health Records”
Courtney Coile, Wellesley College and NBER, and Haiyi Zhang, Massachusetts Institute of Technology, “Recessions and Retirement: New Evidence from the COVID-19 Pandemic”
Zhuoer Lin and Xi Chen, Yale University, “The Short- and Long-Term Impacts of Dementia on Preventive Care Utilization and Health Behaviors”
Taha Choukhmane, Massachusetts Institute of Technology and NBER; Jorge Colmenares, Harvard University; Lawrence Schmidt, Massachusetts Institute of Technology; Cormac O’Dea, Yale University and NBER; and Jonathan L. Rothbaum, US Census Bureau, “Who Benefits from Retirement Saving Incentives in the US? Evidence on Racial Gaps in Retirement Wealth Accumulation”
Kuan-Ming Chen, NBER, and Ming-Jen Lin, National Taiwan University, “Understanding Adult Children’s Labor Supply Responses to Parents’ Long-Term Care Needs”

Summaries of these papers are at nber.org/conferences/economics-aging-program-meeting-spring-2022

Chinese Economy

Members of the NBER’s Chinese Economy Working Group met April 22–23 in Cambridge and online. Working Group Director Shang-Jin Wei of Columbia University and Research Associates Nancy Qian of Northwestern University and Daniel Xu of Duke University organized the meeting. These researchers’ papers were presented and discussed:

Joris M. Mueller, Northwestern University, “China’s Foreign Aid: Political Determinants and Economic Effects”
Jaya Wen, Harvard University, “State Employment as a Strategy of Autocratic Control in China”
Shengmao Cao, Xuejie Yi, and Chuan Yu, Stanford University, “Competitive Bidding in Drug Procurement: Evidence from China”
Lei Liu, Chinese Academy of Social Sciences; Guangli Lu, Chinese University of Hong Kong - Shenzhen; and Wei Xiong, Princeton University and NBER, “The Big Tech Lending Model” (NBER Working Paper 30160)
Ying Bai and Jiaojiao Yang, Chinese University of Hong Kong, and Ruixue Jia, University of California, San Diego and NBER, “The Web of Power: How Elite Networks Shaped War and China”
Loren Brandt and Gueorgui Kambourov, University of Toronto; Ruochen Dai, Central University of Finance and Economics; Kjetil Storesletten, University of Minnesota; and Xiaobo Zhang, Peking University, “Serial Entrepreneurship in China”
Mark Buntaine, University of California, Santa Barbara; Michael Greenstone, University of Chicago and NBER; Guojun He, University of Hong Kong; Mengdi Liu, University of International Business and Economics; Shaoda Wang, University of Chicago and NBER; and Bing Zhang, Nanjing University, “Citizen Participation and Government Accountability: National-Scale Experimental Evidence from Pollution Appeals in China”
Shang-Jin Wei; Jianhuan Xu, Singapore Management University; and Ge Yin and Xiaobo Zhang, Peking University, “Losses from Trade: The Case of China’s Pro-innovation Subsidy Program”
Claire Yurong Hong, Shanghai Advanced Institute of Finance; Xiaomeng Lu, Fudan University; and Jun Pan, Shanghai Jiao Tong University, “FinTech Platforms and Mutual Fund Distribution”

Summaries of these papers are at nber.org/conferences/chinese-economy-working-group-meeting-spring-2022

Economics of Education

Members of the NBER’s Economics of Education Program met April 28–29 at Stanford University and online. Program Director Caroline M. Hoxby of Stanford University organized the meeting. These researchers’ papers were presented and discussed:

David Johnson, Wilfrid Laurier University, “Variation in High School Grading: Evidence from Alberta, Canada”
Andrew Johnston, University of California, Merced and NBER, and Jonah E. Rockoff, Columbia University and NBER, “Pension Reform and Teacher Labor Supply”
Christina L. Brown, University of Chicago, and Tahir Andrabi, Pomona College, “Subjective versus Objective Incentives and Employee Productivity”
William Arbour, University of Toronto, and Marlène Koffi and Philip Oreopoulos, University of Toronto and NBER, “What Does a Good Teacher Sound Like? Using Machine Learning and Voice to Predict Teacher Effectiveness”
Zachary Bleemer, Harvard University, and Aashish Mehta, University of California, Santa Barbara, “College Major Restrictions and Student Stratification”
Sandra E. Black, Columbia University and NBER; Jeffrey T. Denning, Brigham Young University and NBER; Lisa J. Dettling and Sarena Goodman, Federal Reserve Board; and Lesley J. Turner, Vanderbilt University and NBER, “Taking It to the Limit: Effects of Increased Student Loan Availability on Attainment, Earnings, and Financial Well-Being” (NBER Working Paper 27658)
Andrés Barrios Fernández, Massachusetts Institute of Technology; Christopher Neilson, Princeton University and NBER; and Seth D. Zimmerman, Yale University and NBER, “Elite Universities and the Intergenerational Transmission of Human and Social Capital”
Anjali Adukia, University of Chicago and NBER; Benjamin Feigenberg, University of Illinois at Chicago; and Fatemeh Momeni, University of Chicago, “From Retributive to Restorative: An Alternative Approach to Justice”
Todd R. Jones, Mississippi State University, and Ezra Karger, Federal Reserve Bank of Chicago, “School and Crime”
Josh Bleiberg, Brown University and NBER, Matthew A. Kraft, Brown University; Eric Brunner, University of Connecticut; Erica Harbatkin, Michigan State University; and Matthew Springer, University of North Carolina, “The Effect of State Teacher Evaluation Reforms on Achievement and Attainment”
Joshua Angrist and Parag A. Pathak, Massachusetts Institute of Technology and NBER; Peter Hull, Brown University and NBER; and Christopher R. Walters, University of California, Berkeley and NBER, “Race and the Mismeasure of School Quality” (NBER Working Paper 29608)
Nishith Prakash and Nathan Fiala, University of Connecticut; Kritika Narula, Yale University; and Ana Garcia-Hernandez, University of Rosario, “Wheels of Change: Transforming Girls’ Lives with Bicycles”

Summaries of these papers are at nber.org/conferences/economics-education-program-meeting-spring-2022

Political Economy

Members of the NBER’s Political Economy Program met April 29 in Cambridge and online. Research Associates Oeindrila Dube of the University of Chicago and Leeat Yariv of Princeton University organized the meeting. These researchers’ papers were presented and discussed:

Eoin F. McGuirk, Tufts University, and Nathan Nunn, Harvard University and NBER, “Transhumant Pastoralism, Climate Change, and Conflict in Africa” (NBER Working Paper 28243)
Saumitra Jha and Marcos Manuel Salgado, Stanford University, and Peter Koudijs, University of Rotterdam, “Markets under Siege: How Differences in Political Beliefs Can Move Financial Markets”
Kei Kawai, University of California, Berkeley and NBER, and Takeaki Sunada, University of Rochester, “Estimating Candidate Valence” (NBER Working Paper 29681)
Cédric Chambru, University of Zurich, and Emeric Henry and Benjamin Marx, Sciences Po, “The Dynamic Consequences of State Building: Evidence from the French Revolution”
S. Nageeb Ali, Pennsylvania State University; Navin Kartik, Columbia University; and Andreas Kleiner, Arizona State University, “Sequential Veto Bargaining with Incomplete Information”
Eleonora Guarnieri, University of Exeter, “Cultural Distance and Ethnic Civil Conflict”
Kristoffer B. Hvidberg, and Claus Kreiner, University of Copenhagen; and Stefanie Stantcheva, Harvard University and NBER, “Social Positions and Fairness Views on Inequality” (NBER Working Paper 28099)

Summaries of these papers are at nber.org/conferences/political-economy-program-meeting-spring-2022

Entrepreneurship and Innovation Policy and the Economy

The NBER hosted the annual Entrepreneurship and Innovation Policy and the Economy conference on May 3 in Washington, DC and online. Research Associates Benjamin Jones of Northwestern University and Josh Lerner of Harvard University organized the meeting, which was supported by Ewing Marion Kauffman Foundation grant #RG-202003-8269. Catherine Wolfram, the deputy assistant secretary for climate and energy economics at the US Department of the Treasury, delivered a keynote address. These researchers’ papers were presented and discussed:

Jonathan Gruber and Simon Johnson, Massachusetts Institute of Technology and NBER, and Enrico Moretti, University of California, Berkeley and NBER, “Place-Based Productivity and Costs in Science”
Daniel Hemel, University of Chicago, and Lisa L. Ouellette, Stanford University, “The Generic Drug Trilemma”
Robert W. Fairlie, University of California, Santa Cruz and NBER, and David T. Robinson, Duke University and NBER, “Racial Inequality in Capital Access for Innovative Firms”
Andrew W. Lo, Massachusetts Institute of Technology and NBER; Joseph Barberio, Jacob Becraft, Tasuku Kitada, and Kevin Shi, Strand Therapeutics; and Zied Ben Chaouch, Dimitris Bertsimas, Michael L. Li, and Qingyang Xu, Massachusetts Institute of Technology, “Accelerating Vaccine Innovation for Emerging Infectious Diseases via Parallel Discovery”
Jacquelyn Pless, Massachusetts Institute of Technology, “Divestment or Investment: A Framework for Directing Green Innovation”
Ramana Nanda, Imperial College London, and Silvia Dalla Fontana, University of Lugano, “Innovating to Net Zero: Can Venture Capital and Startups Play a Meaningful Role?”

Summaries of some of these papers are at nber.org/conferences/nber-entrepreneurship-and-innovation-policy-and-economy-meeting-spring-2022

Program on Children

Members of the NBER’s Program on Children met May 12–13 in Cambridge and online. Program Directors Anna Aizer of Brown University and Janet Currie of Princeton University organized the meeting. These researchers’ papers were presented and discussed:

Christopher S. Carpenter, Vanderbilt University and NBER, and Brandyn F. Churchill, Vanderbilt University, “‘There She Is, Your Ideal’: Negative Social Comparisons and Health Behaviors”
Randall Akee, University of California, Los Angeles and NBER; Maggie R. Jones, US Census Bureau; and Emilia Simeonova, Johns Hopkins University and NBER, “Tribal Casinos, Economic Well-Being, and Intergenerational Mobility”
Achyuta Adhvaryu, University of Michigan and NBER; N. Meltem Daysal, University of Copenhagen; Snaebjorn Gunnsteinsson, University of Maryland; Teresa Molina, University of Hawaii at Manoa; and Herdis Steingrimsdottir, Copenhagen Business School, “The Long Run Impacts of Child Health on Parents’ Economic and Mental Well-Being”
Matthew Staiger, Opportunity Insights, “The Intergenerational Transmission of Employers and the Earnings of Young Workers”
E. Jason Baron, Duke University and NBER, and Max Gross, Mathematica, “Is There a Foster Care to Prison Pipeline? Evidence from Quasi-randomly Assigned Investigators” (NBER Working Paper 29922)
Anjali Adukia, University of Chicago and NBER; Benjamin Feigenberg, University of Illinois at Chicago; and Fatemeh Momeni, University of Chicago, “From Retributive to Restorative: An Alternative Approach to Justice”
Todd R. Jones, Mississippi State University, and Ezra Karger, Federal Reserve Bank of Chicago, “School and Crime”
Alex Eble, Columbia University, and Maya Escueta, Duke University, “When Bootstraps Aren’t Enough: Demand, Supply, and Learning in a Very Low-Income Context”
Yotam Shem-Tov, University of California, Los Angeles; Steven Raphael, University of California, Berkeley and NBER; and Alissa Skog, University of California, Berkeley, “Can Restorative Justice Conferencing Reduce Recidivism? Evidence from the Make-it-Right Program”
Peter Conner, Karolinska Institutet; Liran Einav, Stanford University and NBER; Amy Finkelstein, Massachusetts Institute of Technology and NBER; and Petra Persson and Heidi L. Williams, Stanford University and NBER, “Targeting Precision Medicine: Evidence from Prenatal Screening”
Helena Svaleryd, Uppsala University, and Evelina Björkegren and Jonas Vlachos, Stockholm University, “The Impact of the COVID-19 School Closure on Adolescents’ Use of Mental Healthcare Services in Sweden”
Ryan Cooper, University of Chicago; Joseph J. Doyle Jr., Massachusetts Institute of Technology and NBER; and Andrés P. Hojman, Pontificia Universidad Católica de Chile, “Legal Aid in Child Welfare: Evidence from a Randomized Trial of Mi Abogado”