Oslo Macro Conference 2019

23 and 24 August 2019, Oslo, Norway

About the conference

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.

Registration

Follow this link.

We have reached capacity limit on Friday (not on Saturday). Further registrations for Friday will be put on a waiting list.

Program

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

Practical information

The conference will be arranged in the "Professorboligen" downtown Oslo, see map.

Guests are staying at Scandic St Olavs Plass

Organizing committee

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).