Economics Seminar Series
Junji Xiao research interest are in the fields of empirical industrial organization, environmental economics and China economy.
Keshav research interests include macroeconomics, monetary economics and fiscal policy.
Mirko research interests include macroeconomics, monetary economics, and information economics.
Isabelle Méjean’s research interest include International Macroeconomics and Trade
Jason Simerville’s research interest include Behavioral Economics, Experimental Economics, Public Economics
Edouard Schaal’s research interests include macroeconomics, business cycles, informational frictions, search and matching and economic geography.
Robert Porter has conducted research on theoretical and empirical studies of collusion, price wars, and bidders’ behavior in auctions.
Dr. Wu research interest include International Macroeconomics and Finance, Monetary Economics
Dr. Yuan Mei research interest include: International Trade, Development Economics, Political Economy
Join us for this seminar featuring Wolthoff’s research on macroeconomics and labor economics.
Chakraborty research interests: Macroeconomics of health and disease in developing countries, financial development, public capital, demographic transition, income distribution and preference formations.
Join us for this seminar featuring Marinescu’s research on the evaluation of the labor market impact of public policies, for example, unemployment insurance and the minimum wage.
Dr. Li is a Senior Economic Advisor and Economist at the Philadelphia Federal Reserve.
Primary Research Interests: consumer credit, financial intermediations, macroeconomics.
Dr. Agnosteva and Dr. Zylkin will discuss their areas of research expertise including: international trade, industrial organization, and quantitative methods.
Dr. Ruhl’s research focuses on international economics, models of firm heterogeneity, and national income accounting
Dr. Piermont’s research is in decision theory and its applications.
Dr. Li will present “Real Estate Taxes and Home Values: Winners and Losers of the TCJA”
Dr. Kwon will present “Trade, Financial Friction and Misallocation in China”
Michele’s research interests are in international economics, and particularly on issues concerning international/regional integration.
Dr. Atalay’s will present his paper “Emerging and Disappearing Work, Thriving and Declining Firms”
Dr. Timoshenko research includes international Trade and Macroeconomics
Dr. Hobijn’s research is focused on inflation, unemployment, and economic growth.
Dr. Lubik’s research interests include monetary policy, indeterminacy, search and matching in labor markets, open economy macroeconomics, and Bayesian estimation.
Dr. Stahler research interests include international trade, multinational enterprises, foreign direct investment, tax competition and applied microeconomics.
Dr. Pugsley areas of research include Macroeconomics, Industrial Organization, Labor Economics
Dr. Jiao will present his paper
Geographic Fragmentation in a Knowledge Economy: Theory and Evidence from the US
Dr. Vroman’s current research focuses on equilibrium search theory with applications to the labor and housing markets. She has also published papers on the labor market behavior of women and on the economics of trade unions.
Dr. Ljungqvist is a specialist in the field of applied macroeconomic theory, with a focus on European unemployment and labor market institutions.
Dr. Iijma will present: Dispersed Behavior and Perceptions in Assortative Societies
Dr. Sanjurjo will present his paper
The Role of Memory in Search and Choice
Dr. Eisenbach research includes Financial Economics, Behavioral Economics, Microeconomic Theory
Dr. Chodorow-Reich will present Stock Market Wealth and the Real Economy: A Local Labor Market Approach
Dr. Afrouzi research is in Behavioral & Experimental, Macroeconomics, Monetary Economics
Dr. Yang will present “Organizations and Coordination in a Diverse Population”
Dr. Molnar will present his paper “The marginal congestion of a taxi in New York City”
Will present his paper:
Did Trade Liberalization with China Influence U.S. Elections?
Dr. Huangs research interest include Behavioral Economics, Experimental Economics, Applied Microeconomics, Decision Making, Negotiation, Gender
Dr. Marks will present his paper The Charitable Response to Tornadoes
Dr. Dillenberger research focuses on microeconomic theory, and, in particular, on decision theory.
Dr. Wiczer research interest include macroeconomics and labor economics.
Dr. Herkenhoff’s research interests include macroeconomics, applied macroeconomics, and real estate economics.
Dr. McEntarfer is the head of research and current acting program director for the Longitudinal Employer Household Dynamics program at the U.S. Census Bureau.
Dr. Lu’s research is in International Trade, Macroeconomics and Growth
Dr. Silos research interests are Macroeconomics and Labor Economics
Dr. Bilir’s research includes International Economics, Applied Microeconomics, and Economics of Innovation
Dr. Chalioti’s research interests include Industrial Organization, Contract Theory, Microeconomic Theory, and Economics of Innovation.
Dr. Winkler is an Economist at the Board of Governors of the Federal Reserve since 2015.
Dr. Fort will present Heterogeneous Globalization:Offshoring and Reorganization
Dr. Nagore Iriberri will present “Gender Differences in Alternating-Offer Bargaining: An Experimental Study”
Dr. Semykina will present “Competition Effects of Charter Schools: New Evidence from North Carolina”
Dr. Fujita will present Elasticity of Labor Supply and the Cyclicality of Labor Force Participation Flows
Dr. McGough will present his paper “Shadow Price Learning”
Dr. Kiyotaki economist and professor at Princeton University especially known for proposing several models that provide deeper microeconomic foundations for macroeconomics.
Dr. Shadmehr’s research interest include game theory, political economy, and comparative politics.
Dr. Bohren will present his paper
The Dynamics of Discrimination: Theory and Evidence.
Dr. Winberry will present “Financial Heterogeneity and the investment Channel of Monetary Policy”
Will present A Model of Amazonian Deforestation
Dr. Saeedi will present Certication, Reputation and Entry: An Empirical Analysis
Dr. Arcidiacono will present his paper Equilibrium Grade Inflation with Implications for Female Interest in STEM Majors
Dr. Haltiwagner’s will present Misallocation Measures: The Distortion that Ate the Residual
An estimable model of income redistribution in a federation: Musgrave Meets Oates
We develop a theory of cross-border income shifting in response to personal taxation, and examine its implications for the revenue potential and excess burden of personal taxes at the subnational level. We estimate the elasticity of tax avoidance and of cross-border tax base shifting using data on top income shares for Canadian provinces, finding that interprovincial shifting accounts for about two-thirds of total tax avoidance. We then propose a model demonstrating that a properly-chosen federal tax rate can offset the horizontal fiscal externality, allowing decentralized subnational tax rates to replicate the national welfare optimum.
Dr. Pilossoph will present “Assortative Matching and Household Income Inequality: A Structural Approach”
Dr. Xu will present “Notching R&D Investment with Corporate Income Tax in China”
Dr. Xu’s most recent work has been published in the Rand Journal of Economics, the World Bank Economic Review, the American Economic Review and the Review of Economic Dynamics. He is currently working on projects that explore innovation, productivity, exporting and industry dynamics, with a special focus on East Asian emerging economies such as China, Taiwan, and Korea.n.
Dr. Mas will present “Sources of the Displaced Workers’ Long -Term Earnings Losses”
We estimate the earnings losses of a cohort of workers displaced during the Great Recession and decompose those long-term losses into components attributable to fewer work hours and to reduced hourly wage rates. We also examine the extent to which the reduced earnings, work hours, and wages of these displaced workers can be attributed to factors specific to pre- and post-displacement employers; that is, to lost employer-specific rents. The analysis is based on employer-employee linked panel data from Washington State assembled from 2002–2014 administrative wage and unemployment insurance records.
Three main findings emerge from the empirical work. First, five years after job loss, the earnings of these displaced workers were 17 percent less than those of comparison groups of nondisplaced workers. Second, earnings losses within a year of displacement can be explained almost entirely by lost work hours; however, five years after displacement, the relative earnings deficit of displaced workers can be attributed roughly one-half to reduced hourly wages and one half to reduced work hours. Third, time-invariant characteristics of the employers who rehire displaced workers appear to account for about one-fifth of the long-term earnings losses and nearly of the lower long-term hourly wages of these workers.
Dr. Gete will present Mortgage Finance, Liquidity Traps
We quantify that the recourse mortgages dominant in the European housing systems can account for 38% of the post Great-Recession gap in per capita consumption between the USA and Europe. The result is mostly accounted for by general equilibrium effects through lower housing prices and weak demand for labor. We show that, even with foreclosures costs, in a liquidity trap mortgage regulations that allow for default are welfare dominant to regulations that discourage it. In terms of methodology, we show that models of liquidity traps with long-term debt, endogenous housing prices and default significantly amplify the impact and persistence of financial shocks.
Household Income in Tax Data: Using Addresses to Move from Tax Unit to Household Income Distributions.
Abstract Tax return data are increasingly the standard for tracking income statistics in the United States. However, these data have traditionally been limited by their inability to capture non-filers and to identify members of separate tax units living in the same household. We overcome these obstacles and create household records directly in the tax data using mailing address information included on tax forms. We then present the first set of tax-based household income and inequality measures for the entire income distribution. When comparing household income inequality results in the tax data to those using the March CPS, we confirm previous findings that the March CPS understates the inequality of household income. However, we also find that the previous approach of using tax units in the IRS data to proxy for households leads to an overstatement of household income inequality. Finally, using households in the IRS tax records, we illustrate how focusing on tax units rather than households alters the observed distribution of tax programs such as the Earned Income Tax Credit
Dr. Tymofiy’s research on game theory, contract theory, and institutional design has been published in major international academic journals like the Review of Economic Studies and the Journal of Economic Theory.
Research includes behavioral economics and household finance, with a focus on low-income households.
Research interests in the intersection of finance and macroeconomics, with an emphasis on normative questions. He has recently studied the optimal determination of transaction taxes, the optimal design of bankruptcy policies, the effects of bank size on financial fragility, the ideal design of joint liability arrangements among sovereigns and the welfare losses associated with fire-sale externalities.
His research lies at the intersection of macroeconomics, macro-labor, international macro, and monetary economics. His work focuses on the study of labor market dynamics, financial frictions, and business cycles in developing and emerging economies, the importance of sectoral heterogeneity for the behavior of short-run economic activity, and the role of macro policy in mitigating the impact of adverse shocks to the economy.
Professor Caliendo’s research is focused on understanding and quantifying the economic effects of international trade and migration
Session 1: 10:00am –Noon
Ryan Michaels (FRB Philadelphia) “Vacancy Chains”,
Research in Labor Economics, Economics of Education, Health Economics, Econometrics
Dr. Elena Krasnokutskaya research includes the empirical analysis of imperfectly competitive markets.
Martín Uribe is a professor of Economics at Columbia University and a Research Associate of the National Bureau of Economic Research (NBER).
Dr. Prokhorov’s research interests include theoretical and applied econometrics, with applications in business analytics, finance, risk management, labour and health economics, demography and other fields.
Dr. Swanson’s research primarily focuses on the effects of information and incentives on both the supply side and the demand side of health care markets.
Professor Halaburda’s research uses game theory to study how technology influences network effects and interactions in the marketplace and how these changes affect business models. Much of her work focuses on competition between platforms, e.g. Apple’s iPhone vs. Android or eHarmony vs. Match. Most recently, her research applies platform competition concepts to analyze the development of digital currencies.
Dr. Rao’s research concerns the economic effects of fiscal policy, focusing on the impact of policy on firm production, investment and pricing decisions and individual consumption decisions.
Join Professor Mueller of the Columbia Business School as he discusses his research which focuses on the labor market and interaction between business cycle and unemployment.
Dr. Murry’s research interests include: industrial organization and applied microeconomics.
Dr. Demir will present her paper “SHIPPING INSIDE THE BOX; CONTAINERIZATION AND TRADE
Joining us from the Wharton School of Business, Dr. Taschereau-Dumouchel’s research interests include macroeconomics, labor economics and networks.
Dr. Lou research interests are Industrial organization, Applied econometrics
Dr. Schiantarelli is a Professor of Economics in the Economics Department at Boston College, in Boston, Massachusetts.
Professor Livshits research incluldes Macroeconomic Theory; Consumer Credit; Bankruptcy: Sovereign Debt; Political Economy; Economic Growth and Development
Marc Melitz is the David A. Wells Professor of Political Economy at Harvard University. He holds a B.A. from Haverford College (1989), an M.S.B.A.
Professor Arie’s research interests include the study of employee incentives, strategic competition between firms, and the design of employee roles in firms.
Dr. Cao research intrest are Macroeconomics, Economic Theory, Finance, Computational Economics
Dynamics Savings Choices with Disagreements
Is No News (Perceived as) Bad News? An Experimental Investigation of Information Disclosure
Ginger Zhe Jin, Michael Luca, Daniel Martin
Professor Miravete research and teaching Interests are Industrial organization and applied microeconomics with particular interest in regulation and competition policy, health economics, innovation,
Matthew S. Lewis is an associate professor in the John E. Walker Department of Economics who specializes in the areas of industrial organization, energy economics, and healthcare economics.
Luigi Bocola’s research interests are macroeconomics, time series econometrics and financial economics.
Distribution capital and the short- and long-run import demand elasticity,
The elasticity of substitution between home and foreign goods is one of the most important