Advancing the Theory and Methods for Understanding Employment Effects of Environmental Regulation: Workshop Agenda
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16Th SAET Conference on Current Trends in Economics IMPA, Rio De Janeiro, July 6 - 9, 2016
WELCOME On behalf of the Society for the Advancement of Economic Theory, we are pleased to welcome you in Rio de Janeiro on the occasion of the 16th SAET Conference. We wish to express gratitude to the various institutions that made this conference possible: first and foremost, to Instituto Nacional de Matemática Pura e Aplicada (IMPA) for their wonderful hospitality, Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq), Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES), Fundação Carlos Chagas Filho de Amparo à Pesquisa do Estado do Rio de Janeiro (FAPERJ), the University of Iowa, Itaú Bank and Bradesco Bank. Many thanks to the people who generously contributed to the success of this event, in particular, the members of the local organizing committee, the session organizers, the program committee and the help team. Special thanks to Suely Lima, Ana Paula Rodrigues, Leticia Ribas, Jurandira Ribas, Marcelo Viana, Michele Leite, Paula Dugin, Pedro Faro and Sonia Alves for their invaluable help along the progress, your help has been invaluable. We hope you enjoy the conference and we wish you a pleasant stay in Rio de Janeiro. Aloisio Araujo, José Heleno Faro, Juan Pablo Gama Torres, Susan Schommer and Nicholas Yannelis, Organizing Committee Executive Committee Bernard Cornet (President/Secretary) Robert Townsend (Second Vice-President) Nicholas Yannelis (Treasurer/Editor) Aloisio Araujo (Past President) David Levine (Member at Large) Charles Plott (Member at Large) Edward Prescott (Member at Large) Organizing -
Conference Brochure
CONFERENCE BROCHURE 22 June - 24 June, 2017 EDINBURGH, UNITED KINGDOM Week Schedule Time / Day Thursday 22 June Friday 23 June Saturday 24 June 08:00 - 09:00 Registration Registration Registration 09:00 - 10:30 Parallel Session 1 Parallel Session 5 Parallel Session 9 10:30 - 11:00 Tea and Coffee Tea and Coffee Tea and Coffee 11:00 - 12:30 Parallel Session 2 Parallel Session 6 Parallel Session 10 Lunch Lunch Lunch 12:30 - 13:45 Poster Session 1 Poster Session 2 Poster Session 3 13:45 15:15 Parallel Session 3 Parallel Session 7 Parallel Session 11 15:15 - 15:45 Tea and Coffee Tea and Coffee Tea and Coffee 15:45 - 17:15 Parallel Session 4 Parallel Session 8 Parallel Session 12 17:15 - 17:45 Short Break Short Break Short Break Plenary Talk Plenary Talk Plenary Talk 17:45 - 18:30 Erik Hurst Francesco Caselli Ayse Imrohoroglu Reception Gala Dinner Barbecue and Beer 19:00 - 23:00 Dynamic Earth Assembly Rooms Teviot Row House 2 Contents Map Page 4 Programme Chairs and Committee Page 5 Welcome Words Pages 6-7 Introduction to Edinburgh Pages 8-9 Practical Information Page 10 Social Events Page 11 Map of venues Page 12 Plenary Speakers Page 13 Poster Sessions Page 14 Thank you to our sponsors Page 15 Sessions Overview Page 16 Parallel Session Overview - Day 1 Page 17 Parallel Session Overview - Day 2 Page 18 Parallel Session Overview - Day 3 Page 19 Day 1 - Session Breakdown Page 20 Day 2 - Session Breakdown Page 38 Day 3 - Session Breakdown Page 57 3 Campus Maps George Square Lecture Theatre Plenary session & Registration Teviot Row House Lunches -
Policy Distortions and Aggregate Productivity with Heterogeneous Plants
NBER WORKING PAPER SERIES POLICY DISTORTIONS AND AGGREGATE PRODUCTIVITY WITH HETEROGENEOUS PLANTS Diego Restuccia Richard Rogerson Working Paper 13018 http://www.nber.org/papers/w13018 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 April 2007 We are grateful for comments of seminar participants at the 2003 NBER Summer Institute (Growth Workshop), University of Rochester, University of Iowa, 2005 Penn-Phily Fed Conference on Monetary and Macroeconomics, Federal Reserve Bank of Minneapolis, UCLA, Federal Reserve Bank of Chicago, New York University, 2004 Stanford Institute for Theoretical Economics (Heterogeneity and Aggregation in Macroeconomics Workshop), 2004 Meetings of the Society for Economic Dynamics (Florence), and HEC-Montreal. Rogerson thanks the NSF for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. © 2007 by Diego Restuccia and Richard Rogerson. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. Policy Distortions and Aggregate Productivity with Heterogeneous Plants Diego Restuccia and Richard Rogerson NBER Working Paper No. 13018 April 2007 JEL No. E2,O1 ABSTRACT We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for cross-country differences in output per capita. In particular, we show that policies which create heterogeneity in the prices faced by individual producers can lead to sizeable decreases in output and measured TFP in the range of 30 to 50 percent. -
Putting Home Economics Into Macroeconomics (P
Federal Reserve Bank of Minneapolis Putting Home Economics Into Macroeconomics (p. 2) Jeremy Greenwood Richard Rogerson Randall Wright The Macroeconomic Effects of World Trade in Financial Assets (p. 12) Harold L. Cole Federal Reserve Bank of Minneapolis Quarterly Review Vol. 17, No. 3 ISSN 0271-5287 This publication primarily presents economic research aimed at improving policymaking by the Federal Reserve System and other governmental authorities. Any views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. Editor: Arthur J. Rolnick Associate Editors: S. Rao Aiyagari, John H. Boyd, Warren E. Weber Economic Advisory Board: Edward J. Green, Ellen R. McGrattan, Neil Wallace Managing Editor: Kathleen S. Rolfe Article Editor/Writers: Kathleen S. Rolfe, Martha L. Starr Designer: Phil Swenson Associate Designer: Beth Leigh Grorud Typesetters: Jody Fahland, Correan M. Hanover Circulation Assistant: Cheryl Vukelich The Quarterly Review is published by the Research Department Direct all comments and questions to of the Federal Reserve Bank of Minneapolis. Subscriptions are Quarterly Review available free of charge. Research Department Articles may be reprinted if the reprint fully credits the source— Federal Reserve Bank of Minneapolis the Minneapolis Federal Reserve Bank as well as the Quarterly P.O. Box 291 Review. Please include with the reprinted article some version of Minneapolis, Minnesota 55480-0291 the standard Federal Reserve disclaimer and send the Minneapo- (612-340-2341 / FAX 612-340-2366). lis Fed Research Department a copy of the reprint. Federal Reserve Bank of Minneapolis Quarterly Review Summer 1993 Putting Home Economics Into Macroeconomics* Jeremy Greenwood Richard Rogerson Randall Wright Professor of Economics Visitor Consultant University of Rochester Research Department Research Department Federal Reserve Bank of Minneapolis Federal Reserve Bank of Minneapolis and Associate Professor of Economics and Associate Professor and University of Minnesota Joseph M. -
Timothy J. Kehoe
Doctor honoris causa TIMOTHY J. KEHOE Discurs llegit a la cerimònia d’investidura celebrada a la sala d’actes de l’edifici del Rectorat el dia 16 de març de l’any 2016 PRESENTACIÓ DE TIMOTHY J. KEHOE PER JORDI CABALLÉ Academic life tends to combine long periods of monotony, in which quiet but constant work is the rule, with isolated moments to celebrate your own or other people’s success as a result of that work. Today is one of those infrequent and, therefore, especially joyful times when we come together in celebration to honour one of the most prestigious members of our profession of academic economists. This is also an especially happy moment for me, as my friend Tim Kehoe has been a benchmark throughout my professional life. I will begin by highlighting some of the biographic aspects and abundant merits of Dr. Tim Kehoe. He is currently Professor of Eco- nomics at the University of Minnesota and Adviser to the Federal Reserve Bank of Minneapolis. He obtained his PhD from Yale Uni- versity in 1979, under the supervision of Professor Herbert Scarf and the co-supervision of Professor Andreu Mas-Colell. Since obtaining the PhD, he has lectured at the Wesleyan University, at the MIT, at the University of Cambridge and, since 1987, he has been a Pro- fessor at the University of Minnesota. Over this period, he has su- pervised 74 PhD theses. It should be stressed here that he is ranked 29th in the RePEC ranking of all academic economists worldwide as regards the subsequent research quality of his students. -
Frontiers in Applied General Equilibrium Modeling in Honor of Herbert Scarf
P1: Kcz CB757-FM CB757-Kehoe-v1.cls October 6, 2004 14:7 Frontiers in Applied General Equilibrium Modeling In Honor of Herbert Scarf Edited by TIMOTHY J. KEHOE University of Minnesota and Federal Reserve Bank of Minneapolis T. N. SRINIVASAN Yale University JOHN WHALLEY University of Western Ontario iii P1: Kcz CB757-FM CB757-Kehoe-v1.cls October 6, 2004 14:7 published by the press syndicate of the university of cambridge The Pitt Building, Trumpington Street, Cambridge, United Kingdom cambridge university press The Edinburgh Building, Cambridge CB2 2RU, UK 40 West 20th Street, New York, NY 10011-4211, USA 477 Williamstown Road, Port Melbourne, VIC 3207, Australia Ruiz de Alarcon´ 13, 28014 Madrid, Spain Dock House, The Waterfront, Cape Town 8001, South Africa http://www.cambridge.org C Cambridge University Press 2005 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 2005 Printed in the United States of America Typeface Times Roman PS 10/12.5 pt. System LATEX2ε [TB] A catalog record for this book is available from the British Library. Library of Congress Cataloging in Publication Data Frontiers in applied general equilibrium modeling / edited by Timothy J. Kehoe, T.N. Srinivasan, John Whalley. p. cm. Includes bibliographical references and index. ISBN 0-521-82525-3 (hardback) 1. Equilibrium (Economics) – Mathematical models. I. Kehoe, Timothy Jerome, 1953– II. Srinivasan, T.N., 1933– III. Whalley, John. HB145.F76 2005 339.5015195 – dc22 2004045758 ISBN 0 521 82525 3 hardback iv P1: Kcz CB757-FM CB757-Kehoe-v1.cls October 6, 2004 14:7 Contents List of Contributors page vii Acknowledgments xi Introduction 1 Timothy J. -
Frontiers in Applied General Equilibrium Modeling
P1: Kcz CB757-FM CB757-Kehoe-v1.cls October 13, 2004 10:9 This page intentionally left blank ii P1: Kcz CB757-FM CB757-Kehoe-v1.cls October 13, 2004 10:9 FRONTIERS IN APPLIED GENERAL EQUILIBRIUM MODELING This volume brings together fifteen papers by many of the most prominent applied general equilibrium modelers to honor Herbert Scarf, the father of equilibrium computation in economics. It deals with new developments in applied general equilibrium, a field that has broadened greatly since the 1980s. The contributors discuss some traditional as well as some newer topics in the field, including nonconvexities in economy-wide models, tax policy, developmental modeling, and energy modeling. The book also covers a range of new approaches, conceptual issues, and computational algorithms, such as calibration, and new areas of application, such as the macroeconomics of real business cycles and finance. An introductory chapter written by the editors maps out issues and scenarios for the future evolution of applied general equilibrium. Timothy J. Kehoe is Distinguished McKnight University Professor at the University of Minnesota and an advisor to the Federal Reserve Bank of Minneapolis. He has previ- ously taught at Wesleyan University, the Massachusetts Institute of Technology, and the University of Cambridge. He has advised foreign firms and governments on the impact of their economic decisions. He is co-editor of Modeling North American Economic Integration, which examines the use of applied general equilibrium models to analyze the impact of the North American Free Trade Agreement. His current research focuses on the theory and application of general equilibrium models. -
Curriculum Vitae Robert Shimer Contact Information
CURRICULUM VITAE ROBERT SHIMER CONTACT INFORMATION Department of Economics University of Chicago 1126 East 59th Street Chicago, IL 60637 (773) 702-9015 (office) (773) 834-3452 (fax) email: [email protected] web: http://sites.google.com/site/robertshimer/ EDUCATION 1992–1996 : Massachusetts Institute of Technology, Ph.D. in economics 1990–1992 : Oxford University, Nuffield College, M.Phil. in economics 1986–1990 : Yale University, B.A., major in economics PROFESSIONAL EXPERIENCE MAIN ACADEMIC POSITION 2008–present : Alvin H. Baum Professor in Economics and the College, University of Chicago 2003–2008 : Professor in Economics and the College, University of Chicago 2001–2003 : Associate Professor of Economics, Princeton University 1996–2001 : Assistant Professor of Economics, Princeton University OTHER POSITIONS 2002–present : Research Associate, National Bureau of Economic Research (Faculty Research Fellow since 1999) 2010–present : Research Fellow, IZA (Institute for the Study of Labor) 2012–present : Panel of Economic Advisors, Congressional Budget Office 2005–present : Consultant, Federal Reserve Bank of Chicago 2011–present : Visiting Scholar, Center for Human Capital Studies, Federal Reserve Bank of Atlanta 2011–present : Consultant, Federal Reserve Bank of Minneapolis 2008 : Visiting Professor of Economics, Massachusetts Institute of Technology (Fall Semester) 2002–2007 : Visitor, Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (various years) 2002–2006 : Research Associate, Federal Reserve Bank of Cleveland 2001 : Visiting Assistant Professor of Economics, University of Chicago (Spring Quarter) April 15, 2014 1 ROBERT SHIMER RESEARCH AND STUDY GRANTS 2013–2015 : National Science Foundation Research Grant with Veronica Guerrieri ($295,846) 2010–2014 : National Science Foundation Research Grant with Fernando Alvarez ($406,458) 2007–2011 : National Science Foundation Research Grant with Ivan Werning ($376,150) 2004–2007 : National Science Foundation Research Grant ($193,177) 2002–2005 : Alfred P. -
The Impact of Labor Taxes on Labor Supply an International Perspective
To my wife, Ninette, for her love and support. The Impact of Labor Taxes on Labor Supply An International Perspective Richard Rogerson The AEI Press Publisher for the American Enterprise Institute WASHINGTON, D.C. Distributed by arrangement with the Rowman & Littlefield Publishing Group, 4501 Forbes Boulevard, Suite 200, Lanham, Maryland 20706. To order call toll free 1-800-462-6420 or 1-717-794-3800. For all other inquiries please contact AEI Press, 1150 Seventeenth Street, N.W. Washington, D.C. 20036 or call 1-800-862-5801. NATIONAL RESEARCH NRI INITIATIVE This publication is a project of the National Research Initiative, a program of the American Enterprise Institute that is designed to support, publish, and disseminate research by university-based scholars and other independent researchers who are engaged in the exploration of important public policy issues. Library of Congress Cataloging-in-Publication Data Rogerson, Richard Donald. The impact of labor taxes on labor supply : an international perspective / Richard Rogerson. p. cm. Includes bibliographical references. ISBN-13: 978-0-8447-4355-4 (cloth) ISBN-10: 0-8447-4355-0 (cloth) ISBN-13: 978-0-8447-4356-1 (pbk.) ISBN-10: 0-8447-4356-9 (pbk.) [etc.] 1. Labor supply. 2. Taxation. 3. Fiscal policy. 4. Labor economics. I. Title. HD5706.R64 2010 331.1—dc22 2010009574 14 13 12 11 10 1 2 3 4 5 © 2010 by the American Enterprise Institute for Public Policy Research, Washington, D.C. All rights reserved. No part of this publication may be used or reproduced in any manner whatsoever without permission in writing from the American Enterprise Institute except in the case of brief quotations embodied in news articles, critical articles, or reviews. -
Reassessing the Ins and Outs of Unemployment∗
Reassessing the Ins and Outs of Unemployment∗ Robert Shimer University of Chicago [email protected] First Version: January 16, 2005 Current Version: June 21, 2005 Abstract This paper uses readily accessible data to measure the probability that an employed worker becomes unemployed and the probability that an unemployed worker finds a job, the ins and outs of unemployment. The job finding probability is strongly procyclical and the separation probability is nearly acyclical, particularly during the last two decades. Using the underlying microeconomic data, the paper shows that these results are not due to compositional changes in the pool of searching workers, nor are they due to movements of workers in and out of the labor force. These results contradict the conventional wisdom that has guided the development of macroeconomic models of the labor market during the last fifteen years. ∗My title borrows from Darby, Haltiwanger, and Plant (1986). I am grateful for comments from Fernando Alvarez, Gadi Barlevy, Francesco Belviso, Tito Boeri, Robert Hall, David Laibson, and Randall Wright and from seminar participants at the Bank of Italy, Bocconi University, the Chicago Fed, Harvard University, the St. Louis Fed, and the University of Texas-Austin on an earlier version of this paper. This paper is supported by grants from the National Science Foundation and the Sloan Foundation. 1 Introduction This paper measures the probability that an employed worker becomes unem- ployed and the probability that an unemployed worker finds a job. Using United States data from 1948 to 2004, I find that there are substantial fluctuations in unemployed workers’ job finding probability at business cycle frequencies, while employed workers’ separation probability is comparative acyclic. -
Memoria De Investigación 2009-2010 Departamento De Análisis Económico
MEMORIA DE INVESTIGACIÓN 2009-2010 DEPARTAMENTO DE ANÁLISIS ECONÓMICO: TEORÍA ECONÓMICA E HISTORIA ECONÓMICA 1 Introducción. 3 1. Proyectos y contratos de investigación. 6 1.1. Proyectos de investigación competitivos. 6 1.1.1. Dirigidos por PDI del Departamento. 6 1.1.2. Con participación del PDI del Departamento. 10 1.2. Contratos de Investigación. 15 1.2.1.Dirigidos por PDI del Departamento. 15 1.2.2. Con participación del PDI del Departamento. 20 2. Publicaciones. 22 2.1. Libros (incluyendo libros de divulgación - docentes) 22 2.2. Capítulos de libro 23 2.3. Artículos 28 2.3.1. Artículos en revistas internacionales 28 2.3.2. Artículos en revistas nacionales 32 2.3.3. Artículos de divulgación 38 2.4. Edición y coordinación de libros 39 2.5. Documentos de trabajo 39 2.6. Otras publicaciones 43 3. Tesis doctorales (realizadas o dirigidas). 45 4. Participación en congresos, reuniones y seminarios Científicos. 46 4.1. Presentación de ponencias 46 4.2. Presentación de comunicaciones 50 4.3. Comentarios a comunicaciones 61 4.4. Relator de comunicaciones 62 4.5. Presentación en seminarios 63 5. Organización de congresos y reuniones científicas. 66 5.1. Congresos y reuniones científicas 66 5.2. Pertenencia a comités científicos 67 6. Estancias en universidades e instituciones. 68 7. Actividades Editoriales. 70 7.1. Pertenencia a Consejos de Redacción 70 7.2. Responsabilidades directas de gestión 70 8. Actividades archivísticas: ordenación, catalogación e inventario. 72 9. Otros. 73 10. Programas de congresos. 75 10.1. XXXV Simposio de la Asociación Española de Economía 10.2. -
CONTACT INFORMATION Department of Economics
CURRICULUM VITAE ROBERT SHIMER CONTACT INFORMATION Department of Economics University of Chicago 1126 East 59th Street Chicago, IL 60637 (773) 702-9015 (office) (773) 702-8490 (fax) [email protected] http://home.uchicago.edu/~shimer PERSONAL Date of Birth: August 21, 1968 Nationality: U.S.A. EDUCATION INSTITUTION DEGREE YEAR Yale University B.A. 1990 Oxford University, Nuffield College M.Phil. 1992 M.I.T. Ph.D. 1996 PROFESSIONAL EXPERIENCE MAIN ACADEMIC POSITION 1996 – 2001 : Assistant Professor of Economics, Princeton University. 2001 – 2003 : Associate Professor of Economics, Princeton University. 2003 – Present : Professor of Economics, University of Chicago. OTHER POSITIONS 2001 : Visiting Assistant Professor of Economics, University of Chicago 2002 – 2006 : Research Associate, Federal Reserve Bank of Cleveland. 2002 – Present : Visitor, Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (various years) 2005 – Present : Consultant, Federal Reserve Bank of Chicago. Revised: April 25, 2007 ROBERT SHIMER RESEARCH AND STUDY GRANTS 1990–1992 : Nuffield College Studentship; Overseas Research Student Grant. 1990–1993 : National Science Foundation Graduate Fellowship. 1992–1994 : MIT Fellowship. 1995–1996 : Alfred P. Sloan Doctoral Dissertation Fellowship. 1997–2000 : National Science Foundation Research Grant ($111,154) 2000–2004 : National Science Foundation Research Grant ($154,959) 2002–2005 : Alfred P. Sloan Research Fellow. 2004–2007 : National Science Foundation Research Grant ($193,177) 2007–2010 : National Science Foundation Research Grant with Ivan Werning ($376,150). AWARDS, PRIZES, AND HONORS 1990 : McGowan Prize, Yale University, for best Senior Essay in Industrial Organization. 1992 : George Webb Medley Prize for best M.Phil. thesis and George Webb Medley Prize for best written examination, Oxford University.