This two-day conference promotes recent advances in macroeconomics with heterogeneity. Particular attention will be devoted to production, firms, and taxation. The conference aims to cover topics such as:
• The role of firm heterogeneity for monetary and fiscal policy
• Trends and business cycle variation in market power and markups
• Taxation
• Firm and household heterogeneity
The conference is organized by BI Norwegian Business School / Centre for Monetary Economics, Oslo Metropolitan University, University of Oslo / Oslo Fiscal Studies, Statistics Norway and Norges Bank.
We have reached capacity limit on Friday (not on Saturday). Further registrations for Friday will be put on a waiting list.
Friday 23 August
8.30 am Coffee and registration
9.00 am Part I: Taxation and Inequality chair: Kjetil Storesletten
Claus Thustrup Kreiner, Copenhagen University: "Time Discounting and Wealth Inequality" Slides
Stefanie Stantcheva, Harvard University: "Taxation and Innovation in the 20th Century" Slides
11.45 am Luncheon
12.45 pm Panel discussion: Taxation and Inequality
Claus Thustrup Kreiner, Copenhagen University
Stefanie Stantcheva, Harvard University
Marianne Marthinsen, Norwegian Labor party
Haakon Riekeles, Civita
Moderator: Bård Bjerkholt, Dagens Næringsliv
2.30 pm Part II: Firms, Heterogeneity chair: Elin Halvorsen
Esteban Rossi-Hansberg, Princeton: "The Industrial Revolution in Services" Slides
Joseba Martinez, London Business School: “Automation, Growth and Factor Shares” Slides
Laura Alfaro, Harvard Business School: “The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis” Slides
5.45 pm Adjourn
8.00 pm Conference dinner, Solsiden Restaurant (by invitation)
Saturday 24 August
9.00 am Part III: Monetary Policy chair: Knut Are Aastveit
Maren Froemel, Bank of England: “Monetary Policy, Corporate Finance and Investment”
Thomas Winberry, Chicago Booth: "Financial Heterogeneity and the Investment Channel of Monetary Policy" Slides
Xiaoqing Zhou, Federal Reserve Bank of Dallas: “Mortgage Rate Refinancing and Household Balance Sheets: Evidence from Expansionary and Contractionary Monetary Policy Episodes” Slides
12.00 am Luncheon
1.00 pm Part IV: Business Cycles chair: Fredrik Wulfsberg
Basile Grassi, Bocconi University: "Bottom-up Markup Fluctuations"
Knut-Eric Joslin, Uppsala: “Dispersion over the Business Cycle: Productivity versus Demand” Slides
Axel Gottfries, University of Edinburgh: “Firm Dynamics, On-the-Job Search and Labor Market Fluctuations” Slides
4.00 pm Drinks and snacks
5.00 pm Adjourn
The conference will be arranged in the "Professorboligen" downtown Oslo, see map.
Guests are staying at Scandic St Olavs Plass
Gisle Natvik (BI Norwegian Business School), Kjetil Storesletten (University of Oslo / Oslo Fiscal Studies ), Fredrik Wulfsberg (OsloMet), Elin Halvorsen (Statistics Norway) and Knut Are Aastveit (Norges Bank).
Contact us at omc2019@oslomacro.no