Firm Dynamics and the Macroeconomy
Conference Details
Date: November 13-14, 2025
Location: Federal Reserve Bank of Atlanta
1000 Peachtree Street NE
Atlanta, Georgia 30309
Organized by Salome Baslandze, Veronika Penciakova, and Jon Willis of the Federal Reserve Bank of Atlanta. If you are interested in attending, please contact Kanda Cummings at kanda.cummings@atl.frb.org.
Agenda
| Time | Session |
|---|---|
| Thursday, November 13 | |
| 11:30 a.m. | Lunch |
| 12:30 p.m. | Welcome |
| 12:45 | Session 1: Capital and Labor Allocation Frictions Anchor talk "Technology, Risk and Misallocation" Yongseok Shin, Washington University in St. Louis |
| 1:45 | Break |
| 2:15 | "The Labor Market Consequences of a Rapid Climate Transition" Nathan Zorzi, Dartmouth College, with John Grigsby Discussant: Federico Huneeus, Duke University |
| 3:15 |
"The Extensive and Intensive Margin of Labor Demand from the Bottom Up" Jon Willis, Federal Reserve Bank of Atlanta, with Nela Richardson, Ye Liv Wang, and David Wiczer Discussant: John R. Grigsby, Princeton University |
| 4:15 | Break |
| 4:30 |
"Capital Reallocation and Private Firm Dynamics" Paolo Martellini, New York University, with Anmol Bhandari and Ellen McGrattan Discussant: Ia Vardishvili, Auburn University |
| 5:30 | Reception |
| 6:30 | Dinner |
| Friday, November 14 | |
| 8:15 a.m. | Breakfast |
| 9:00 | Welcome |
| 9:15 |
Session 2: Investment, Intangibles, and Innovation Anchor talk "Intangibles, Innovation, and Growth" Janice C. Eberly, Northwestern University |
| 10:15 | Break |
| 10:45 |
"Idea Rents and Firm Growth" Huiyu Li, Federal Reserve Bank of San Francisco, with Timo Boppart, Pete Klenow, and Reiko Laski Discussant: Murat Alp Celik, University of Toronto |
| 11:45 | Lunch |
| 1:00 p.m. |
"Creative Destruction through Innovation Bursts" Danial Lashkari, Princeton University, with Giuseppe Berlngieri, Maarten DeRidder, and Davide Rigo Discussant: Marta Prato, Bocconi University |
| 2:00 |
"Inelastic Capital in Intangible Economies" Emilien Gouion-Bonenfant, Columbia University, with Matthew Gomez Discussant: Bryan Seegmiller, Northwestern University |
| Adjournment | |
Format: keynote talks: 1 hour (including questions); regular talks: 30 minutes author, 15 minutes discussant, 15 minutes general audience.