Firm Heterogeneity and the Macroeconomy



Start: May 20 2021 - 13:50
End: May 21 2021 - 20:00



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All times indicated are British Summer Time (BST), i.e. the current UK time.

Each time slot consists of 25mins presentation, 10mins discussion and 10mins of open floor discussion. 

Thursday, May 20, 2021

13:50    Registration and Coffee (BYO), Introduction
14:00    Putty-Clay Automation
             Discussant: Hemous (University of Zurich)

14:45    Product Differentiation and Oligopoly: A Network Approach
             Discussant: Mejean (CREST-Ecole Polytechnique) 

15:30    Break

16:00    Monopsony Makes Firms Not Only Small But Also Unproductive: Why East Germany Has Not Converged
             Bachmann, Bayer*, Stueber, Wellschmied
             Discussant: Heise (NY FED)

16:45    The Geography of Business Dynamism and Skill-Biased Technical Change
            Discussant: Schaal (CREI)

17:30     Break

17:45     Keynote by Hugo Hopenhayn (UCLA)

18:45     Break

19:00     Firm Cyclicality and Financial Frictions
              Clymo, Rozsypal*
              Discussant: Clementi (NYU Stern)

19:45     Firm Heterogeneity, Leverage and the Aftermath of the Pandemic
              Khan, Lee*
              Discussant: Gnewuch (University of Bonn)

20:30     Drinks (BYO)


 Friday, May 21, 2021

12:55    Coffee (BYO)

13:00    Optimal Monetary Policy with Heterogeneous Firms
             Gonzalez*, Nuno, Thaler
             Discussant: Hamano (Weseda University)

13:45     Corporate Debt Maturity Matters for Monetary Policy
              Jungherr, Meier, Reinelt, Schott*
              Discussant: Surico (LBS)

14:30   Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier
             Bilbiie*, Melitz
             Discussant: Silvestrini (Erasmus University)

15:15     Break

15:45     Outsourcing, Inequality and Aggregate Output
              Discussant: Ulyssea (UCL)

16:30     Income Inequality, Financial Intermediation, and Small Firms
              Doerr, Drechsel*, Lee
              Discussant: Moser (Columbia Business School)

17:15     Break

17:45     Vacancies, Employment Outcomes and Firm Growth: Evidence From Denmark
              Bagger, Fontaine, Galenianos*, Trapeznikova
              Discussant: Ignaszak (Goethe University Frankfurt)

18:30     How Do Firms Build Market Share?
              Argente, Fitzgerald, Moreira*, Priolo
              Discussant: Chiavari (UPF)

19:15     Productivity, Place and Plants: Revisiting the Measurement
              Schoefer, Ziv*
              Discussant: Wolf (US Census Bureau)

20:00     Drinks (BYO) and Adjourn

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