2021

The 2021 Minnesota Workshop in Macroeconomics will be held August 2 through August 4.   The conference will meet in 1-102 Hanson Hall (1925 South Fourth Street) on the West Bank of the Minneapolis campus of the University of Minnesota.  

Presentations and discussions are in person.  

Monday, August 2

Exploiting Symmetry in High-Dimensional Dynamic Programming 

Jesus Fernandez-Villaverde, University of Pennsylvania
Mahdi Ebrahimi Kahou, University of British Columbia
Jesse Perla, University of  British Columbia
Arnav Sood, University of British Columbia

Machine Learning the Labor Market

Iourii Manovskii, University of Pennsylvania
Marcus Hagedorn,  University of Oslo
Jianhong Xiu, University of Pennsylvania

The Alpha Beta Gamma of the Labor Market

Victoria Gregory,  Federal Reserve Bank of St.  Louis
Guido Menzio, New York University and NBER
David Wiczer, Stony Brook University

How Important Is Health Inequality for Lifetime Earnings Inequality

Karen Kopecky, Federal Reserve Bank of Atlanta and Emory University
Roozbeh Hosseini, University of Georgia and Federal Reserve Bank of Atlanta
Kai Zhao, University of Connecticut

In Search of the Origins of Financial Fluctuations:  The Inelastic Markets Hypothesis

Xavier Gabaix, Harvard University
Ralph S. J. Koijen, University of Chicago Booth School of Business

Tuesday, August 3

The Economic Geography of Global Warming

Esteban Rossi-Hansberg, University of Chicago
José-Luis Cruz, Princeton University

Welfare and Output with Income Effects and Demand Instability

David Baqaee,  UCLA
Ariel Burstein, UCLA

Determinacy without the Taylor Principle 

George-Marios Angeletos, MIT and NBER
Chen Lian, University of California, Berkeley

Interest Rate Cuts vs. Stimulus Payments:  An Equivalence Result

Christian Wolf, MIT

Empirical Investigation of a Sufficient Statistic for Monetary Policy Shocks

Fernando Alvarez, University of Chicago
Andrea Ferrara, Northwestern University
Erwan Gautier, Banque de France
Hervé Le Bihan, Banque de France
Francesco Lippi, LUISS University and EIEF

Wednesday, August 4

A Growth Model of the Data Economy

Laura Veldkamp, Columbia School of Business, NBER, and CEPR
Maryam Farboodi,  MIT Sloan  School of Business, NBER, and CEPR

Debt as Safe Asset

Markus Brunnermeier, Princeton University
Sebastian Merkel, Princeton University
Yuliy Sannikov, Stanford University

Optimal Dynamic Fiscal Policy with Endogenous Debt Limits
Slides

Kenneth Judd, Stanford University
Philipp Müller, University of Zurich
Şevin Yeltekin, University of Rochester Simon Business School

r minus g

Robert Barro, Harvard University

Hicks-Arrow Prices for US Federal Debt 1791-1930

Thomas Sargent, New York University and the Hoover Institution
George Hall, Brandeis University
Jonathan Payne, Princeton University
Bálint Szöke, Federal Reserve Board