New York/Philadelphia Workshop on Macroeconomics:
Labor Markets and Macroeconomics
Friday, December 8, 2006

Overview
This meeting will be the first of a series of semi-annual meetings which will alternate between the New York and Philadelphia Federal Reserve Banks. The purpose of this workshop is to bring together the researchers who work on various aspects of macroeconomics. The focus of the first meeting will be “Analysis of Labor Markets from a Macroeconomic Perspective.”

Workshop Location
Federal Reserve Bank of New York
33 Liberty Street
10th Floor
New York, NY 10045
Workshop Organizer
Aysegul Sahin, Federal Reserve Bank of New York
Shigeru Fujita, Federal Reserve Bank of Philadelphia
More Information
Please contact aysegul.sahin@ny.frb.org or shigeru.fujita@phil.frb.org
Agenda
8:30 a.m. Breakfast
9:00 a.m.

Gender Roles and Technological Progress

Stefania Albanesi
, Columbia University and NBER
Claudia Olivetti, Boston University

Discussant: Raquel Fernandez, New York University

10:00 a.m. Coffee Break
10:15 a.m.

Frictional Wage Dispersion in Search Models: A Quantitative Assessment

Andreas Hornstein, Federal Reserve Bank of Richmond
Per Krusell, Princeton University, CEPR, and NBER
Giovanni L. Violante, New York University and CEPR

Discussant: Nobuhiro Kiyotaki, Princeton University

11:15 a.m. Coffee Break
11:30 a.m. Consumption and Labor Supply with Partial Insurance: An Analytical Framework

Jonathan Heathcote, Georgetown University, Federal Reserve Board of Governors, and CEPR
Kjetil Storesletten, University of Oslo, Frisch Centre (Oslo), and CEPR
Giovanni L. Violante, New York University and CEPR

Discussant: Árpád Ábrahám, University of Rochester
12:30 p.m. Lunch
1:30 p.m. Occupational and Job Mobility in the US

Giuseppe Moscarini, Yale University
Kaj Thomsson, Yale University

Discussant: Donghoon Lee, New York University
2:30 p.m.

Coffee Break

2:45 p.m. The Cyclicality of Job Loss and Hiring

Shigeru Fujita, Federal Reserve Bank of Philadelphia
Garey Ramey, University of California, San Diego

Discussant: Bjoern Bruegemann, Yale University
3:45 p.m.

Coffee Break

4:00 p.m. Why are Married Men Working So Much?

John Knowles, University of Pennsylvania

Discussant: Wilbert van der Klaauw, Federal Reserve Bank of New York
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