181 sessions since Fall 2019. Recent entries link to the paper and, where the presenter shared them, the slides. Earlier semesters were recovered from the group's previous site, which is no longer maintained; their papers and slides are still hosted there and each semester links out to it.
Spring 2026
Cancelled
Cancelled. Hubmer and Nord, presented by Joon Sup Park, was not rescheduled.
No meeting
Spring break
Unlocking Mortgage Lock-In: Evidence from a Spatial Housing Ladder Model
Presented by Sam Jordan-Wood
No meeting
No meeting
Multi-Market Firms and the Extensive Margin of Firm Growth
Presented by Elena Casanovasown work
Fall 2025
Breaking Parity: Equilibrium Exchange Rates and Currency Premia
Presented by Robin Li
Should Friday be the New Saturday? Hours Worked and Hours Wanted
Presented by Kerry Neitzel
Tariffs as Cost-Push Shocks: Implications for Optimal Monetary Policy
Presented by Francisco Terfi
No meeting
Thanksgiving break
Spring 2025
Fiscal Influences on Inflation in OECD Countries, 2020-2023
Presented by Francesco Boninsegna
Capital Income in an Intangible Economy
Presented by Rishabh Malhotra
Precautionary Pricing
Presented by Al-Mahdi Ebsim
Trade-Policy Dynamics: Evidence from 60 Years of U.S.-China Trade
Presented by Benjamin Castiglione
Rebuild or Relocate? Recovery after Natural Disasters
Presented by Anna French
Exchange Rates, Natural Rates and the Price of Risk
Presented by Robin Li
Wage Contracts and Financial Frictions
Presented by Saverio Spinella
Do Deficits Cause Inflation? A High Frequency Narrative Approach
Presented by Mary Zhang
No meeting
Spring break
Lock-In and Productive Innovations
Presented by Olalekan Bello
Stock Market Wealth and Entrepreneurship
Presented by Lorenzo Vacca
Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs
Presented by Francesco Boninsegnaown work
How did Government Bonds Become Safe?
Presented by Bill Shu
Consumption, Wealth, and Income Inequality: A Tale of Tails
Presented by Peter Liu
Fall 2024
Testing the Portfolio Rebalancing Channel of Quantitative Easing
Presented by Bill Shu
Putting the Finance into Public Finance: A Theory of Capital Gains Taxation
Presented by Sergio Florez-Orrego and Kerry Neitzel
Sticky Discount Rates
Presented by Hyein Han
The Life-Cycle of Concentrated Industries
Presented by Joon Kim
Should I Stay or Should I Grow? How Cities Affect Learning, Inequality, and Productivity
Presented by Rishabh Malhotra
Strike while the Iron is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve
Presented by Lorenzo Vacca
Can US Treasury Markets Add and Subtract?
Presented by Tor Frederik-Grondahl
Optimal Monetary Policy under Menu Costs
Presented by Mary Zhang
Redistribution and Investment
Presented by Arnav Deshpande
Deficits and Inflation: HANK meets FTPL
Presented by Peter Liu and Robin Li
The Distributional Effects of Asset Returns
Presented by Saverio Spinella
No meeting
Thanksgiving break
Making a Growth Miracle: Historical Persistence and the Dynamics of Development
Presented by Olalekan Bello
Fiscal Influences on Inflation in OECD Countries, 2020-2022
Presented by Francesco Boninsegna
Spring 2024
Five Facts about MPCs: Evidence from a Randomized Experiment
Presented by Chengdai Huang
Who Bears the Costs of Inflation? Euro Area Households and the 2021–2022 Shock
Presented by Bill Shu
No meeting
No meeting
Identification of Systematic Monetary Policy
Presented by Francisco Amor
Labor Demand and Labor Supply Channels of Monetary Policy
Presented by Joon Kim
Superstar Teams: The Micro Origins and Macro Implications of Coworker Complementarities
Presented by Jingyi Li
What Drives Exchange Rates?
Presented by Benjamín Castiglione
No meeting
Spring break
Markups Across the Income Distribution: Measurement and Implications
Presented by Matteo Cremonini
Credit Supply Shocks and Firm Dynamics: Evidence from Brazil
Presented by Hyein Han
Capital, Ideas, and the Costs of Financial Frictions
Presented by Tanvi Bansal
Identifying Monetary Policy Shocks: A Natural Language Approach
Presented by Janet Choi
Heterogeneous Agent Trade
Presented by Al-Mahdi Ebsim
Macroeconomic Effects of UI Extensions at Short and Long Durations
Presented by Myunghwan Andrew Lee
Fall 2023
An Anatomy of Monopsony: Search Frictions, Amenities, and Bargaining in Concentrated Markets
Presented by Chengdai Huang
The Zero-Beta Rate
Presented by Julien Weber
Shopping, Demand Composition and Equilibrium Prices
Presented by Nicolò Ceneri
Some Like It Hot: Inclusive Monetary Policy Under Okun's Hypothesis
Presented by Joon Kim
The Macroeconomics of Trade Credit
Presented by Al-Mahdi Ebsim
Can Deficits Finance Themselves?
Presented by Benjamín Castiglione
Inflation is Conflict
Presented by Francisco Amor
The Macroeconomic Consequences of Exchange Rate Depreciations
Presented by Nadia Pozdnyakova
Precautionary Savings and Stabilization Policy in a Present Biased Economy
Presented by Hyein Han
Optimal Monetary Policy with Redistribution
Presented by Jingyi Li
No meeting
Fall break
Errors in Expectations and Economic Fluctuations
Presented by Bill Shu
The Market for Inflation Risk
Presented by Janet Choi
Price Level and Inflation Dynamics in Heterogeneous Agent Economies
Presented by Doruk Gökalp
Spring 2023
Liquidity Traps, Prudential Policies, and International Spillovers
Presented by William Witheridge
Job Search, Wages and Inflation
Presented by Giovanni Topa
The Macroeconomics of Narratives
Presented by Nadezda Pozdnyakova
Wage-Price Spirals
Presented by Mahdi Ebsim
Wage Inequality and the Spatial Expansion of Firms
Presented by Tommaso De Santo
Inequality and Measured Growth
Presented by Julien Weber
No meeting
Spring break
No meeting
No meeting
Sticky Wages on the Layoff Margin
Presented by Shi Hu
Inflation Since Covid: Demand or Supply
Presented by Audrey Azerot
No meeting
No session listed on the previous site
No meeting
No session listed on the previous site
The Debt-Inflation Channel of the German Hyperinflation
Presented by Felipe Camelo
Inflation Strikes Back: The Return of Wage to Price Pass-through
Presented by Doruk Gökalp
Fall 2022
International Diversification, Reallocation, and the Labor Share
Presented by Cesar Zambrano
Micro Risks and (Robust) Pareto Improving Policies
Presented by Shi Hu
Optimal Exchange Rate Policy
Presented by William Witheridge
Idiosyncratic Income Risk and Aggregate Fluctuations
Presented by Doruk Gökalp
Monetary Policy and the Labor Market: A Quasi-Experiment in Sweden
Presented by Giovanni Topa
New Pricing Models, Same Old Phillips Curves?
Presented by Mahdi Ebsim
Liquidity Traps, Prudential Policies, and International Spillovers
Presented by Nadia Pozdnyakova
The Marginal Propensity to Consume in Heterogeneous Agent Models
Presented by Chengdai Huang
Expectations and the Rate of Inflation
Presented by Andres Ghini
Asset-Price Redistribution
Presented by Tommaso De Santo
No meeting
Fall break
Micro MPCs and Macro Counterfactuals: The Case of the 2008 Rebates
Presented by Felipe Camelo
Optimal Monetary Policy with Heterogeneous Agents: A Timeless Ramsey Approach
Presented by Man Chon (Tommy) Iao
Inequality and Business Cycles
Presented by Audrey Azerot
Spring 2022
Dynamics of Corporate Credit Markets, Employment, and Wages: Evidence from Colombia
Presented by Felipe Camelo
Monetary Policy and Production Networks: An Empirical Investigation
Presented by Guillaume Nevo
Big Push in Distorted Economies
Presented by Jae-Hyung Kim
Exporters, Credit Constraints, and Misallocation
Presented by Qinzhou Gong
Specialization in a Knowledge Economy
Presented by Cesar Zambrano
Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth
Presented by Man Chon (Tommy) Iao
No meeting
Spring break
Learning About the Long Run
Presented by Giacomo Cattelan
Attention Cycles
Presented by Luca Gagliardone
The Global Race for Talent: Brain Drain, Knowledge Transfer, and Economic Growth
Presented by Diva Astinova
Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing Up the Real Income Channel
Presented by Nadia Pozdnyakova
Managing Expectations: Instruments versus Targets
Presented by Brandon Kaplowitz
Optimal Policy Rules in HANK
Presented by Fernando Cirelli
An Anatomy of the Repo Market Crash
Presented by Aleksandra Alferova
Micro Risks and Pareto Improving Policies
Presented by Shi Hu
Fall 2021
Quantifying Market Power and Business Dynamism in the Macroeconomy
Presented by François Miguet
A Goldilocks Theory of Fiscal Policy
Presented by Melanie Friedrichs and Brandon Kaplowitz
Why Does Capital Flow from Equal to Unequal Countries?
Presented by Nadia Pozdnyakova
What Can Time-Series Regressions Tell Us About Policy Counterfactuals?
Presented by Man Chon (Tommy) Iao
Not a Typical Firm: The Joint Dynamics of Firms, Labor Shares, and Capital-Labor Substitution
Presented by Felipe Camêlo
Myopia and Anchoring
Presented by Anuraag Aekka
Monetary Policy in Times of Structural Reallocation
Presented by Andres Ghini
Risky Business: The Choice of Entrepreneurial Risk under Incomplete Markets
Presented by Jae-Hyung Kim
Dispersion in Financing Costs and Development
Presented by Qinzhou Gong
The Liquidity Channel of Fiscal Policy
Presented by Masayuki Okada
Risky Business Cycles
Presented by Cesar Zambrano
Bottlenecks: Sectoral Imbalances and the US Productivity Slowdown
Presented by Diva Astinova
Monetary Policy and Endogenous Financial Crises
Presented by Giacomo Cattelan
Quantitative Easing and Inequality
Presented by Shi Hu
Spring 2021
Cheap Thrills: The Price of Leisure and the Global Decline in Work Hours
Presented by Felipe Camelo
Leisure-Enhancing Technological Change
Presented by William Witheridge
Provider-Driven Complementarity and Firm Dynamics
Presented by Qinzhou Gong
Present Bias Amplifies the Household Balance-Sheet Channels of Macroeconomic Policy
Presented by Do Lee
The Supply-Side Effects of Monetary Policy
Presented by Luca Gagliardone and Nacho Cigliutti
Interest Rate Cuts vs. Stimulus Payments: A Macro Equivalence Result
Presented by Man Chon (Tommy) Iao
Spousal Insurance and the Amplification of Business Cycles
Presented by Diva Astinova and Teresa Steininger
Market Concentration and the Productivity Slowdown
Presented by Chitra Marti
The Investment Network, Sectoral Comovement, and the Changing U.S. Business Cycle
Presented by Cesar Zambrano
Micro and Macro Uncertainty
Presented by François Miguet
A Macroeconomic Model with Heterogeneous Banks
Presented by Aleksandra Alferova
A Macro-Finance Model with Sentiment
Presented by Giacomo Cattelan and Nadia Pozdnyakova
Demographics, Wealth and Global Imbalances in the Twenty-First Century
Presented by Melanie Friedrichs and Brandon Kaplowitz
The Labor Market Consequences of Appropriate Technology
Presented by Anuraag Aekka
Fall 2020
Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?
Presented by Fernando Cirelli
Firm and Worker Dynamics in a Frictional Labor Market
Presented by Felipe Camelo and Guillaume Nevo
The Missing Intercept: A Demand Equivalence Approach
Presented by William Witheridge
Firm Creation and Local Growth
Presented by Chitra Marti
The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.
Presented by Brandon Kaplowitz
Dollar Demand and International Risk Sharing
Presented by Aleksandra Alferova and Paolo Varraso
The Credit Line Channel
Presented by Giacomo Cattelan
The Gender Pay Gap: Micro Sources and Macro Consequences
Presented by Teresa Steininger
The Economic Effects of Wealth Taxes and Wealth Tax Evasion
Presented by Cesar Zambrano
Economic Agents as Imperfect Problem Solvers
Presented by Man Chon (Tommy) Iao
Quantifying Efficient Tax Reform
Presented by Qinzhou Gong
Risk Premium Shocks Can Create Inefficient Recessions
Presented by Do Lee
Shocks, Frictions and Inequality in US Business Cycles
Presented by Nadia Pozdnyakova
Should Monetary Policy Care About Redistribution?
Presented by Andres Ghini and Marcos Sonnervig
Dynamic Oligopoly and Price Stickiness
Presented by Luca Gagliardone
Spring 2020
Market Power and Innovation in the Intangible Economy
Presented by Federico Kochen
Indebted Demand
Presented by Marcos Sonnervig and Matheus Silva
The Reversal Interest Rate
Presented by Fernando Cirelli
Networks, Phillips Curves and Monetary Policy
Presented by Aleksandra Alferova
Consumption with Imperfect Perception of Wealth
Presented by William Witheridge
Skill Heterogeneity and Aggregate Labor Market Dynamics
Presented by Ignacio Cigliutti
No meeting
Spring break
Quantifying Efficient Tax Reform
Presented by Andres Ghini
Tax the Wealthy? A Dynamic Model of Progressive Wealth Taxation
Presented by Teresa Steininger
Firm Creation and Local Growth
Presented by François Miguet
Shocks, Frictions and Inequality in US Business Cycles
Presented by Guillaume Nevo
The Missing Intercept: A Demand Equivalence Approach
Presented by Paolo Varraso and Melinda Suveg
Firm and Worker Dynamics in a Frictional Labor Market
Presented by Felipe Camelo
The Geography of Unemployment
Presented by Anuraag Aekka
Optimal Tax Progressivity: An Analytical Framework
Presented by Francesco Furno
Own work in progress
Presented by Peter Pazown work
Fall 2019
Imperfect Risk-Sharing and the Business Cycle
Presented by Paolo Varraso
Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy
Presented by Fernando Cirelli and Marcos Sonnervig
Uneven Growth: Automation's Impact on Income and Wealth Inequality
Presented by Melanie Friedrichs and Matheus Silva
Saving Behavior Across the Wealth Distribution: The Importance of Capital Gains
Presented by Ignacio Cigliutti and Federico Kochen
Redistribution, Risk Premia and the Macroeconomy
Presented by William Witheridge
Women, Wealth Effects and Slow Recoveries
Presented by Teresa Steininger
Inattention, Heterogeneity, Investment: Monetary Policy and Business Cycles Revisited
Presented by Felipe Camelo
The Optimal Inflation Target and the Natural Rate of Interest
Presented by Andres Ghini
Risk-Adjusted Capital Allocation and Misallocation
Presented by Melinda Suveg
A Theory of Falling Growth and Rising Rents
Presented by François Miguet and Anuraag Aekka
Granular Search, Market Structure and Wages
Presented by Guillaume Nevo
No meeting
Thanksgiving break
Monetary Independence and Rollover Crises
Presented by Aleksandra Alferova
Demand-Driven Labor Market Polarization
Presented by Yueling Huang
Own work in progress
Presented by Matias Covarrubiasown work