Banner image for Firm Dynamics and the Macroeconomy

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

Thursday, November 7
11:30 a.m. Lunch
12:30 p.m. Welcome and opening remarks
12:45 Session 1: Industrial Policy
Anchor talk
"Big Push in Distorted Economies"
Hugo Hopenhayn, University of California, Los Angeles, with F. Buera, Y. Shin, and N. Trachter
1:45 Break
2:15 "The Who, What, When, and How of Industrial Policy: A Text-Based Approach"
Nathan Lane, University of Oxford, with R. Juhasz, E. Oehlsen and V. Pérez
Discussant: Veronika Penciakova, Federal Reserve Bank of Atlanta
3:15 "The Life-Cycle of Concentrated Industries"
Francisco J. Buera, Washington University in St. Louis, with M. Beraja
Discussant: Ezra Oberfield, Cornell University
4:15 Break
4:30 "The Long-Term Effects of Industrial Policy"
Jaedo Choi, Federal Reserve Board, with A. Levchenko
Discussant: Andrea Cerrato, Federal Reserve Bank of Boston
5:30 Reception
6:30 Dinner
Friday, November 8
8:15 a.m. Breakfast
9:00 Welcome
9:15 Session 2: Firm Dynamics with Supply Chains
Anchor talk
"Consumers' Surplus and Growth: A Micro-to-Macro Analysis"
Ariel Burstein, University of California, Los Angeles, with D. Baqaee, C. Duprez, and E. Farhi
10:15 Break
10:45 "Weathering the Storm: Supply Chains and Climate Risk"
Nitya Pandalai-Nayar, University of Texas at Austin, with J. Castro Vincenzi, G. Khanna, and N. Morales
Discussant: Alireza Tahbaz-Salehi, Northwestern University
11:45 Lunch
1:00 p.m. "Supply Chains, Pass-Through, and Firm Heterogeneity"
Salomé Baslandze, Federal Reserve Bank of Atlanta, with S. Fuchs
Discussant: Sebastian Heise, Federal Reserve Bank of New York
2:00 "Market Power in Input Markets: Theory and Evidence from French Manufacturing"
Monica Morlacco (University of Southern California) with E. Guigue
Discussant: Joaquín Blaum, Boston University
3:00 Adjournment
Conference organizers: Salomé Baslandze, Veronika Penciakova, and Jon Willis, all of the Federal Reserve Bank of Atlanta