| Thursday, May 24 | |
| 7:30 a.m. | Committee meeting and breakfast Continental breakfast |
| 8:30 | Opening remarks John Robertson, Federal Reserve Bank of Atlanta |
| 8:45 | SESSION I : Social Welfare |
| "The Value of Medicare Managed Care Plans and Their Prescription Drug Benefits" Anne E. Hall, Board of Governors Discussant Alicia Sasser, Federal Reserve Bank of Boston |
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| "The Impact of Legalized Abortion on Crime: Comment" Christopher L. Foote, Federal Reserve Bank of Boston, and Christopher F. Goetz, Federal Reserve Bank of Boston Discussant Zhuo (Adam) Chen, Centers for Disease Control |
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"Satisfaction with Life and Income: Evidence from Urban China" Wilbert Van Der Klaauw, Federal Reserve Bank of New York |
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| 10:30 | Break |
| 10:45 | SESSION II: Earnings, Spending, and Consumption |
| "Using Unexpected Recalls to Examine the Long-Term Earnings Effects of Job Displacement" Yolanda Kodrzycki , Federal Reserve Bank of Boston Discussant Murat Tasci, Federal Reserve Bank of Cleveland |
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| "Innovations in Mortgage Markets and Increased Spending on Housing" Mark Doms, Federal Reserve Bank of San Francisco, and John Krainer, Federal Reserve Bank of San Francisco Discussant Alessandro Barbarino, Board of Governors |
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| "Do High Debt Payments Hinder Household Consumption Smoothing?" Kathleen W. Johnson, Board of Governors, and Geng Li, Board of Governors Discussant Fumiko Hayashi, Federal Reserve Bank of Kansas City |
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| 12:45 p.m. |
Lunch Speaker |
| 2:00 | SESSION III: IO/Banking |
| "The Effects of Past Entry, Market Consolidation, and Expansion by Incumbents on the Probability of Entry" Robert M. Adams, Board of Governors, and Dean F. Amel, Board of Governors Discussant Nicola Cetorelli, Federal Reserve Bank of New York |
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| "Strategic Online-Banking Adoption" Roberto Fuentes, Farmaindustria, Rubén Hernández-Murillo, Federal Reserve Bank of St. Louis, and Gerard Llobet, Centro de Estudios Monetarios y Financieros (CEMFI) Discussant Zhu Wang, Federal Reserve Bank of Kansas City |
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| 3:15 | Break |
| 3:30 | SESSION IV: IO/Small Business |
| "Market Power and Relationships in Small Business Lending" Elizabeth Laderman, Federal Reserve Bank of San Francisco Discussant Traci Mach, Board of Governors |
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| "The Use of Alternative Employment Arrangements by Small Businesses: Evidence from the 2003 Survey of Small Business Finances" Traci Mach, Board of Governors, and John A. Holmes, Board of Governors Discussant William Jackson III, Federal Reserve Bank of Atlanta and the University of Alabama |
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| 5:00 | Reception |
| 6:00 | Walk to High Museum for 6:30 tour |
| Friday, May 25 | |
| 7:30 a.m. | Continental breakfast for participants |
| 8:30 | Opening remarks Dennis Lockhart, President, Federal Reserve Bank of Atlanta |
| 8:45 | SESSION V: Wages |
| "Population Aging, Labor Demand, and the Structure of Wages" Margarita Sapozhnikov, Boston College, and Robert K. Triest, Federal Reserve Bank of Boston Discussant M. Melinda Pitts, Federal Reserve Bank of Atlanta |
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| "The Relationship Between Hispanic Immigrants' Occupational Clustering and Wages in the United States" Maude Toussaint-Comeau, Federal Reserve Bank of Chicago Discussant Tim Dunne, Federal Reserve Bank of Cleveland |
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| "The Effect of Minimum Wages on Immigrants" Pia M. Orrenius, Federal Reserve Bank of Dallas, and Madeline Zavodny, Agnes Scott College Discussant Menbere Shiferaw, Federal Reserve Bank of Atlanta |
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| 10:30 | Break |
| 10:45 | SESSION VI: Public Policy |
| "Private Takings" Ed Nosal, Federal Reserve Bank of Cleveland Discussant Bob Hunt, Federal Reserve Bank of Philadelphia, in absentia |
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| "Housing Capital-Gains Taxation and Homeowner Mobility: Evidence from the Taxpayer Relief Act of 1997" Christopher Cunningham, Federal Reserve Bank of Atlanta, and Gary Engelhardt, Syracuse University Discussant Dan Immergluck, Georgia Institute of Technology |
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| "Measuring Disparities in Non-School Costs and Revenue Capacity among Massachusetts Cities and Towns" Katharine Bradbury, Federal Reserve Bank of Boston, and Bo Zhao, Federal Reserve Bank of Boston Discussant Mary Burke, Federal Reserve Bank of Boston |
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| Lunch | |
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Session Guidelines Sessions A, B, E, and F will each have 35 minutes devoted to each paper. The time in these sessions will divided into 20 minutes for presentations, 10 minutes for the discussant, and five minutes for group discussion. Sessions C and D will each have 38 minutes devoted to each paper. The time in these sessions will divided into 20 minutes for presentations, 10 minutes for the discussant, and eight minutes for group discussion. |
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