NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SUMMER INSTITUTE 2002

Income Distribution and Macroeconomics

Roland Benabou, Steven Durlauf and Oded Galor, Organizers

Royal Sonesta Hotel

5 Cambridge Parkway

Cambridge, Massachusetts

July 22 - 24, 2002

PRELIMINARY PROGRAM



MONDAY, JULY 22:



GROWTH AND DISTRIBUTION



8:30 AM Coffee and Pastries



9:00 AM DARON ACEMOGLU and SIMON JOHNSON, MIT and NBERJAMES ROBINSON, UC, Berkeley

The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth



10:00 AM Break



10:15 AM GRAZIELLA BERTOCCHI, Universita di Modena

The Law of Primogeniture and the Transition from Landed Aristocracy

to Industrial Democracy



11:15 AM Break



11:30 AM ODED GALOR, Brown University

OMER MOAV, Hebrew University of Jerusalem

DIETRICH VOLLRATH, Brown University

Divergence and Overtaking:

Land Abundance as a Hurdle for Education Reform

12:30 PM Lunch



CITIES AND LOCAL INTERACTIONS



1:30 PM STEVEN DURLAUF, University of Wisconsin and NBER

The Econometrics of Social Interactions



2:30 PM Break



2:45 PM DENIS FOUGERE, FRANCIS KRAMARZ,and JULIEN POUGET, INSEE

Criminality and the Social Environment in France



SI02 EFBDG program

page two



3:45 PM Break



4:00PM FRANCOIS ORTALO-MAGNE, London School of Economics

SVEN RADY, University of Munich

Homeownership: Volatile Housing Prices, Low Labor Mobility and

High Income Dispersion



5:00PM Adjourn



TUESDAY, JULY 23:



POLITICAL ECONOMY



12:30 PM Lunch



1:30 PM ROLAND BENABOU, Princeton University and NBER

JEAN TIROLE, Universite de Toulouse

To Be Announced

2:30 PM Break



2:45 PM EDWARD GLAESER, Harvard University and NBER

JOSE SCHEINKMAN, Princeton University

ANDREI SHLEIFER, Harvard University and NBER

The Injustice of Inequality



3:45 PM Break



4:00 PM ANDREA VINDIGNI, Universite de Toulouse

Uncertainty and the Politics of Employment Protection



5:00 PM Adjourn



WEDNESDAY, JULY 24:



FIRMS AND WORKERS



8:30 AM Coffee and Pastries



9:00 AM OLIVIER BLANCHARD, MIT and NBER

THOMAS PHILIPPON, MIT

The Decline of Rents



10:00 AM Break



10:15 AM XAVIER GABAIX, MIT and NBER

A Simple Theory of the "Cubic"Laws of Stock Market Activity

Understanding Large Movements in Stock Market Activity

(Joint with Parameswaran Gopikrishnan, Vasiliki Plerou, H.Eugene Stanley, Boston University



SI02 EFBDG program

page three



11:15 AM Break



11:30 AM ANDREAS HORNSTEIN, Federal Reserve Bank of Richmond

PER KRUSELL, University of Rochester

GIANLUCA VIOLANTE, University College, London

Capital as an Origin of Inequalities



12:30 PM Lunch



EDUCATION AND FAMILY DYNAMICS



1:30 PM LOUISE KEELY, University of Wisconsin

Mobility and Fertility



2:30 PM Break



2:45 PM CHANG-TAI HSIEH, Princeton University

MIGUEL URQUIOLA, Cornell University

When School Compete, How do They Compete?



3:45 PM Break



4:00 PM BRUCE WEINBERG, Ohio State University

Experience and Technology Adoption



5:00 PM Adjourn



6:00 PM Clambake

Harvard Faculty Club

20 Quincy Street

Cambridge, MA



7/11/02