This annual conference provides an opportunity for researchers to discuss topics related to generative artificial intelligence (AI), labor, international, urban, housing, industrial organization, health, education, and consumer finance.
Event Details
Date & Time
May 14-15, 2026
May 14-15, 2026
Audience
This in-person conference is by invitation only.
This in-person conference is by invitation only.
Media
This event is off-the-record and closed to press.
This event is off-the-record and closed to press.
Location
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045
Conference Organizers
Chair: Donghoon Lee, Federal Reserve Bank of New York
Rajashri Chakrabarti, Federal Reserve Bank of New York
Gizem Kosar, Federal Reserve Bank of New York
Maxim Pinkovskiy, Federal Reserve Bank of New York
Wilbert van der Klaauw, Federal Reserve Bank of New York
Program Committee
Microeconomics Department Economists, Federal Reserve Bank of New York
Agenda
Agenda
| Thursday, May 14 | ||
| 8:30am | Registration and continental breakfast | |
| 8:45am | Welcome and opening Remarks Kartik Athreya, Research Director, Federal Reserve Bank of New York |
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| Session I: Generative AI Chair: Jaison Abel (Federal Reserve Bank of New York) |
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| 9:00am | Does Generative AI Crowd Out Human Creators? Evidence from Pixiv Eungik Lee, Federal Reserve Bank of New York (with Sueyoul Kim, Korea Development Institute; Ginger Zhe Jin, University of Maryland and NBER) Discussant: Kevin Rinz (Federal Reserve Bank of Cleveland) Is Generative AI Affecting the Labor Market? Paul E. Soto, Board of Governors (with Leland D. Crane, Board of Governors) Discussant: Maxim Pinkovskiy (Federal Reserve Bank of New York) |
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| 10:30am | Break | |
| Session 2: Micro Foundations of Monetary Policy Transmission Mechanism Chair: Andrew Haughwout (Federal Reserve Bank of New York) |
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| 10:50am | Effects of Changes in the Federal Funds Rate on Household Finance Rajashri Chakrabarti, Federal Reserve Bank of New York (with Kasey Chatterji-Len, Dan Garcia, and Maxim Pinkovskiy, Federal Reserve Bank of New York) Discussant: Edward P. Herbst (Board of Governors) Indirect Credit Supply: How Bank Lending to Private Credit Shapes Monetary Policy Transmission Jessie Jiaxu Wang, Board of Governors (with Sharjil M. Haque, Board of Governors; Young Soo Jang, Penn State University) Discussant: Fulvia Fringuellotti (Federal Reserve Bank of New York) |
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| 12:20pm | Lunch |
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| Session 3: Inequality Chair: Gizem Kosar (Federal Reserve Bank of New York) |
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| 1:40pm | COBOLing Together UI Benefits: How Delays in Fiscal Stabilizers Affect Aggregate Consumption Michael A. Navarrete, Federal Reserve Bank of Atlanta Discussant: Johannes Fleck (Board of Governors) Racial and Gender Differences in School-College-Career Paths Katarına Borovičková, Federal Reserve Bank of Richmond (with Alessia Leibert, Minnesota Department of Employment and Economic Development; Anusha Nath, Federal Reserve Bank of Minneapolis) Discussant: Pinghui Wu (Federal Reserve Bank of Boston) |
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| 3:10pm | Break | |
| Session 4: Family Economics Chair: Wilbert Van Der Klaauw (Federal Reserve Bank of New York) |
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| 3:30pm | Joint Child Custody and Interstate Migration Hamish Low, Federal Reserve Bank of Chicago (with Abi Adams, Northwestern University; Oğuz Bayraktar, University of Bath; Thomas H. Jørgensen, University of Copenhagen; Alessandra Voena, Stanford University) Discussant: Natalia Emanuel (Federal Reserve Bank of New York) Marriage Dynamics, Earnings Dynamics, and Lifetime Family Income Ivan Vidangos, Board of Governors (with Joseph G. Altonji, Daniel Giraldo Páez, and Disa Hynsjo, Yale University) Discussant: Urvi Neelakantan (Federal Reserve Bank of Richmond) |
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| 5:00pm | Reception | |
| Friday, May 15 | ||
| 8:30am | Continental breakfast | |
| Session 5: Housing Chair: Joelle Scally (Federal Reserve Bank of New York) |
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| 9:00am | Aging and Housing Returns Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia (with Philip E. Strahan, Boston College and NBER) Discussant: Tucker Smith (Federal Reserve Bank of Dallas) Supply Constraints Do Not Explain House Price and Quantity Growth Across U.S. Cities John Mondragon, Federal Reserve Bank of San Francisco (with Schuyler Louie, University of California, Irvine; Johannes Wieland, Federal Reserve Bank of San Francisco and University of California, San Diego) Discussant: Giulia Lo Forte (Board of Governors) |
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| 10:30am | Break | |
| Session 6: Housing Finance Chair: Daniel Mangrum (Federal Reserve Bank of New York) |
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| 10:50am | Is There a Puzzle in Underwater Mortgage Default? Lara Loewenstein, Federal Reserve Bank of Cleveland (with Paul S. Willen, Federal Reserve Bank of Boston; Yuxi Yao, University of Nebraska–Lincoln; David Zhang, Rice University) Discussant: Siddhartha Biswas (Federal Reserve Bank of Philadelphia) The Hidden Inflation in Homeowners’ Insurance Siddhartha Biswas, Federal Reserve Bank of Philadelphia (with Sinjeong Kim, Penn State University; Mallick Hossain and Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia) Discussant: Reid Taylor (Federal Reserve Bank of Dallas) |
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| 12:20pm | Lunch |
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| Session 7: Urban Economics Chair: Donghoon Lee (Federal Reserve Bank of New York) |
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| 1:30pm | The Long-Run Effects of Neighborhood Change on Incumbent Families Daniel Hartley, Federal Reserve Bank of Chicago (with Nathaniel Baum-Snow, University of Toronto) Discussant: Konhee Chang (Board of Governors) Better Partitions of the United States into Geographical Labor Markets Jordan Rappaport, Federal Reserve Bank of Kansas City (with Elior Cohen, Federal Reserve Bank of Kansas City) Discussant: Julie Hotchkiss (Federal Reserve Bank of Atlanta) |
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| 3:00pm | Adjourn | |
