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The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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System Applied Microeconomics Conference |
| May 16-17, 2013 |
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Agenda
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| Thursday, May 16, 2013 | |
| 8:00 a.m. | Continental Breakfast |
| 8:45 a.m - 8:55 a.m.. | Welcoming Remarks, Jamie McAndrews, Executive Vice President and Director of Research, Federal Reserve Bank of New York |
| 8:55 a.m. - 10:40 a.m. |
Session 1: Human Capital |
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Human Capital in the Inner City |
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| 10:40 a.m. - 10:55 a.m. |
Break |
| 10:55 a.m.- 12:05 p.m. | Session 2: Skills |
Labor-Market Polarization Over the Business Cycle  Christopher Foote, Federal Reserve Bank of Boston Richard W. Ryan, Federal Reserve Bank of Boston Discussant: Didem Tuzemen, Federal Reserve Bank of Kansas City Understanding the Long-Run Decline in Interstate Migration  Sam Schulhofer-Wohl, Federal Reserve Bank of Minneapolis Greg Kaplan, Princeton University Discussant: Andrew Paciorek, Federal Reserve Board |
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| 12:05 p.m. - 1:20 p.m. | Lunch |
| 1:30 p.m. - 2:40 p.m. | Session 3: Firms |
| The Impact of Health Care Reform on Small Employers: Lessons Learned from Massachusetts Alicia Sasser Modestino, Federal Reserve Bank of Boston Julia Dennett, Federal Reserve Bank of Boston Discussant: Maxim Pinkovskiy, Federal Reserve Bank of New York The Real Effects of Credit Line Drawdowns Ralf Meisenzahl, Federal Reserve Board Jose M. Berrospide, Federal Reserve Board Discussant: Christoffer Koch, Federal Reserve Bank of Dallas |
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| 2:40 p.m. - 2:55 p.m. |
Break |
| 2:55 p.m. - 4:05 p.m. |
Session 4: Household Behavior |
| Household Formation, Credit, and Trustworthiness Jane Dokko, Federal Reserve Board Geng Li, Federal Reserve Board Discussant: Dan Hartley, Federal Reserve Bank of Cleveland Portfolio Choice in a Two-Person Household Urvi Neelakantan, Federal Reserve Bank of Richmond Nika Lazaryan, Federal Reserve Bank of Richmond Angela Lyons, University of Illinois Carl Nelson, University of Illinois Discussant: Claudia Sahm, Federal Reserve Board |
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| 4:05 p.m. - 4:20 p.m. |
Break |
| 4:20 p.m. - 5:30 p.m. |
Session 5: Consumption |
| Household Inflation Expectations, Inflation Uncertainty, and Spending Mary Burke, Federal Reserve Bank of Boston Ali Ozdagli, Federal Reserve Bank of Boston Discussant: Wilbert van der Klaauw, Federal Reserve Bank of New York General Purpose Reloadable Prepaid Cards: Penetration, Use, and Fraud Risks Fumiko Hayashi, Federal Reserve Bank of Kansas City Emily Cuddy, Federal Reserve Bank of Kansas City Discussant: Neil Bhutta, Federal Reserve Board |
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| 5:30 p.m. - 7:00 p.m. | Reception (light refreshments) |
| Friday, May 17 | |
| 8:00 a.m. | Continental Breakfast |
| 8:45 am. - 10:30 a.m. | Session 6: Housing |
| The Effect of Local Housing Ordinances on Neighborhood Stability Stephan Whitaker, Federal Reserve Bank of Cleveland Thomas J. Fitzpatrick IV, Federal Reserve Bank of Cleveland Lisa Nelson, Federal Reserve Bank of Cleveland Francisca G.-C. Richter, Federal Reserve Bank of Cleveland Discussant: Alice Henriques, Federal Reserve Board Payment Size, Negative Equity, and Mortgage Default Andreas Fuster, Federal Reserve Bank of New York Paul S. Willen, Federal Reserve Bank of Boston Discussant: Anthony Murphy, Federal Reserve Bank of Dallas Renegotiating Distressed Mortgage Loans: A Structural Estimation Wenli Li, Federal Reserve Bank of Philadelphia Hanming Fang, University of Pennsylvania You S. Kim, Federal Reserve Bank of Philadelphia Discussant: James Vickery, Federal Reserve Bank of New York |
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| 10:30 a.m. - 10:45 a.m. | Break |
| 10:45 a.m. - 11:55 a.m. | Session 7: Labor Market Search |
| The Intensity of Job Search and Search Duration R. Jason Faberman, Federal Reserve Bank of Chicago Marianna Kudlyak, Federal Reserve Bank of Richmond Discussant: Melinda Pitts, Federal Reserve Bank of Atlanta Scraping By: Responses to Unemployment Insurance Exhaustion in the Aftermath of the Great Recession Robert G. Valletta, Federal Reserve Bank of San Francisco Jesse Rothstein, University of California at Berkeley Discussant: Julie Hotchkiss, Federal Reserve Bank of Atlanta |
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| 11:55 a.m. – 12:20 p.m. | Break |
| 12:20 p.m. – 1:20 p.m. | Session 8: Housing and Saving |
| Do Consumers Want Less Debt? John Krainer, Federal Reserve Bank of San Francisco Elizabeth Laderman, Federal Reserve Bank of San Francisco Reint Gropp, University of Frankfurt Discussant: Meta Brown, Federal Reserve Bank of New York Equity Extraction and Mortgage Default Steven Laufer, Federal Reserve Board Discussant: Ronel Elul, Federal Reserve Bank of Philadelphia |
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| 1:20 PM | Closing and Box Lunch |
