California Macroeconomics Program – Saturday, October 22, 2022
8:00 – 8:40a | Registration and Breakfast |
8:40 – 8:50a | Welcome and opening remarks |
8:50 – 9:40a | Taxing Wealth and Capital Income when Returns are Heterogeneous Faith Guvenen, University of Minnesota Gueorgui Kambourov, University of Toronto Burhan Kuruscu, University of Toronto Sergio Ocampo, Western University |
9:40 – 10:00a | BREAK |
10:00 – 10:50a | Effects of Monetary Policy on Household Expectations: The Role of Homeownership Hie Joo Ahn, Federal Reserve Board Shihan Xie, University of Illinois Choongryul Yang, Federal Reserve Board |
10:50 – 11:10a | BREAK |
11:10 – 12:00p | Low Passthrough from Inflation Expectations to Income Growth Expectations: Why People Dislike Inflation Ina Hajdini, FRB Cleveland Edward S. Knotek, FRB Cleveland Raphael John Leer, Morning Consult Mathieu Pedemonte, FRB Cleveland Robert Rich, FRB Cleveland Raphael Schoenle, Brandeis University |
12:00 – 12:05p | Walk to lunch at the Marian Miner Cook Athenaeum |
12:05 – 1:45p | LUNCH AND KEYNOTE: “Learning about the Long Run“ Jón Steinsson, UC Berkeley |
2:05 – 2:55p | Spatial Consumption Risk Sharing Prateek Arora, UC Santa Cruz Dongwan Choo, UC Santa Cruz Chenyue Hu, UC Santa Cruz |
2:55 – 3:15p | BREAK |
3:15 – 4:05p | Asymmetric Information and Capital Accumulation Aimé Bierdel, Columbia University Andres Drenik, UT Austin Juan Herreño, UC San Diego Pablo Ottonello, University of Michigan |
4:05 – 4:25p | BREAK |
4:25 – 5:15p | International Diversification, Reallocation, and the Labor Share Joel M. David, FRB Chicago Romain Ranciere, USC David Zeke, USC |
5:15p | Adjourn and Happy Hour |
All sessions held in Freeberg Forum in the Kravis Center at CMC |
Important Dates:
- Deadline for submissions: August 15, 2022 (updated deadline)
- Notification of decisions: September 1, 2022
- Deadline to submit final manuscripts: October 1, 2022
- Conference registration closes October 18, 2022
CMC 2022 Organizing Committee:
Andy Atkeson, UCLA
Yuriy Gorodnichenko, UC Berkeley
Galina Hale, UC Santa Cruz
Johannes Wieland, UC San Diego
Ricardo Fernholz, CMC
About the Lowe Institute: The Lowe Institute of Political Economy is a research institute
at Claremont McKenna College. Cameron Shelton, McMahon Family Associate Professor of
Political Economy and George R. Roberts Fellow, directs the institute.
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