New York Area Workshop on Real Side Macroeconomics

November 22, 2013
8:30 a.m. Continental breakfast
9:00 a.m. Measuring Economic Policy Uncertainty
Scott Baker, Stanford University
Nick Bloom, Stanford University
Steven J. Davis, Chicago Booth School of Business

Discussant: Simon Potter, Federal Reserve Bank of New York

10:00 a.m.

Coffee break

10:30 a.m. Uncertainty Traps
Pablo Fajgelbaum, UCLA
Edouard Schaal, New York University
Mathieu Taschereau-Dumouchel, Wharton School

Discussant: William Hawkins, Yeshiva University

11:30 a.m. Has Consumption Inequality Mirrored Income Inequality
Mark Aguiar, Princeton University
Mark Bils, University of Rochester

Discussant: Stefania Albanesi, Federal Reserve Bank of New York

12:30 p.m.


Afternoon session
1:30 p.m. How Sticky Wages in Existing Jobs Can Affect Hiring
Mark Bils, University of Rochester
Yongsung Chang, University of Rochester
Sun-Bin Kim, Yonsei University

Discussant: Laura Pilossoph, Federal Reserve Bank of New York
2:30 p.m. Coffee break
3:00 p.m. Dynamics of Firms and Trade in General Equilibrium
Robert Dekle, University of Southern California
Hyeok Jeong, KDI School of Public Policy and Management
Nobu Kiyotaki, Princeton University

Discussant: Jaromir Nosal, Columbia University

4:00 p.m.

Coffee break

4:30 p.m. Buy, Keep or Sell: Economic Growth and the Market for Ideas
Ufuk Akcigit, University of Pennsylvania
Murat Celik, University of Pennsylvania
Jeremy Greenwood, University of Pennsylvania

Discussant: Ezra Oberfied, Princeton University

5:30 p.m.


Workshop Location

Federal Reserve Bank of New York
33 Liberty Street
Benjamin Strong Conference Room (10th Floor)
New York, New York
Workshop Organizers

Fatih Karahan, Federal Reserve Bank of New York
Benjamin Pugsley, Federal Reserve Bank of New York

Please address any questions to or