Each 100 minute session has 3 or 4 papers. Sessions with 4 papers should have 25 minute presentations per paper including questions. Sessions with 3 papers should have 30 minute presentations per paper, plus 2-4 minutes for questions.

The last presenter of each session is the session chair. Session chairs are asked to keep the time to ensure that all papers have their assigned time and sessions do not overrun.

Sessions Matrix

Room A2.09 A2.10 A2.11 A2.12 A2.13 A2.14
Day Time
02/05 09:00 - 10:40 Monetary Policy I () Climate and Macroeconomics () Labor I () International I () Households I ()
13:30 - 15:10 Inflation () Inequality () Fiscal Policy I () Firms I () Financial I ()
15:30 - 17:10 Monetary Policy II () Fiscal Policy II () Histories of Macroeconomics () Firms II () Environmental Economics I () Labor II ()
03/05 09:00 - 10:40 Firms III () Advances in Macro-Finance () Environmental Economics II () Expectations () Households II / Family ()
11:00 - 12:40 Monetary Policy III () Young Economists Session () Business Cycles () Methods () Fiscal Policy III ()
15:30 - 17:10 Monetary Policy IV () Reinforcement Learning in Economics () International II () Financial II ()


Parallel Sessions A

09:00 - 10:40 | Room A2.10 | Monetary Policy I | ()
  • Decomposing HANK   by Zheng Gong
  • Reallocation, Productivity, and Monetary Policy in an Energy Crisis   by Andrea Colciago
  • Doing without Nominal Rigidities: Real Effects of Monetary Policy in a Monetary World   by Joao Ritto
  • Monetary Policy Design with Recurrent Climate Shocks   by Engin Kara
09:00 - 10:40 | Room A2.11 | Climate and Macroeconomics | ()
Session organized by Rick van der Ploeg
  • The transition to a green economy: Implications for monetary policy   by Francesca Diluiso
  • A General Equilibrium Approach to Carbon Permit Banking   by Gauthier Vermandel
  • Implicit Carbon Prices: Making Do with the Taxes We Have   by Armon Rezai
  • Optimal Climate Policy with Incomplete Markets   by Marcelo Pedroni
09:00 - 10:40 | Room A2.12 | Labor I | ()
  • The Network Origin of Slow Labor Reallocation   by Leonard Bocquet
  • Job Polarization in a Dual Labor Market   by Normann Rion
  • On-The-Job Search, Life-cycle Training, and the Role of Transfer Fees   by Anthony Terriau
  • The drag of homeownership on the unemployment scar   by Joaquin Garcia-Cabo
09:00 - 10:40 | Room A2.13 | International I | ()
  • The Transmission of Foreign Demand Shocks   by Søren Hove Ravn
  • How Does International Capital Flow?   by Michael Kumhof
  • Covered Interest Parity: The long-run evidence   by Jason Cen
  • Managing the transition to central bank digital currency   by Maria Sole Pagliari
09:00 - 10:40 | Room A2.14 | Households I | ()
  • The Effect of Flexible Retirement on the Marginal Propensity to Consume: Theory and Evidence   by Daniel Jonas Schmidt
  • Unraveling Drivers of Earnings Inequality: Estimation of a Life-Cycle Model with Human Capital   by Thepthida Sopraseuth
  • Geographic Mobility over the Life Cycle   by Antonia Díaz
  • Demographic Aging and the New Keynesian Phillips Curve   by Gene Ambrocio
Parallel Sessions B

13:30 - 15:10 | Room A2.10 | Inflation | ()
  • Generalized Rotemberg Price-Setting   by Adrian Wende
  • Wage Setting in Times of High and Low Inflation   by Maximilian Goedl
  • When are Technology Improvements Inflationary?   by Hafedh Bouakez
  • What drives the recent surge in inflation? The historical decomposition roller coaster   by francesco furlanetto
13:30 - 15:10 | Room A2.11 | Inequality | ()
Session organized by Christian Bayer
  • Capital Income Jumps and Wealth Distribution   by Wei Cui
  • Heterogeneous Risk Exposure and the Dynamics of Wealth Inequality   by Riccardo Cioffi
  • Attitudes towards fiscal policy according to HANK   by Christian Bayer
13:30 - 15:10 | Room A2.12 | Fiscal Policy I | ()
  • Optimal Taxation of Automation   by Ozlem Kina
  • Sorting under progressive taxation   by Albert Jan Hummel
  • Household Taxation, Work Hours Flexibility and Occupational Choice   by Piotr Denderski
  • Labor Market Power and the Effects of Fiscal Policy   by Babette Jansen
13:30 - 15:10 | Room A2.13 | Firms I | ()
  • Credit and Firm Growth   by Andrea Sy
  • Start-up Financing, Entry and Innovation   by Charles Parry
  • Nets on Nets: Amplification and Nonlinearities in Dynamic Production Networks   by Matias Covarrubias
  • The Bang for the Buck: Aggregate Impact of Firm-Level R&D Incentives   by Marek Ignaszak
13:30 - 15:10 | Room A2.14 | Financial I | ()
  • The Zero Lower Bound on Household Deposit Rates - Not as Binding As We Thought   by Philipp Ulbing
  • Safe Asset Provision in a Modern Banking System: A Regulatory Perspective   by Fabian Wassmann
  • Deposit Rates, Monetary Policy, and Bank Income Source   by Isabel Gödl-Hanisch
  • Heterogeneous Banks, Liquidity Risk and the Distribution of Banks' Liquidity   by Concetta Gigante
Parallel Sessions C

15:30 - 17:10 | Room A2.09 | Monetary Policy II | ()
  • Monetary Policy Under Multiple Financing Constraints   by Alejandro Van der Ghote
  • Foreign US Monetary Policy Spillovers: The Balance Sheet Channel   by Jacob Marott Sundram
  • Risky firms and fragile banks: implications for macroprudential policy   by Tommaso Gasparini
  • Sticky Information and the Taylor Principle   by Mary Tzaawa-Krenzler
15:30 - 17:10 | Room A2.10 | Fiscal Policy II | ()
  • Organization of Knowledge and Taxation   by Ctirad Slavik
  • Robust Bounds on Optimal Tax Progressivity   by Yuki Yao
  • Commodity Prices and Fiscal (Pro)Cyclicality   by Federico Di Pace
  • A Taxing Journey: Tax Adoptions and Interstate Migration in the Early 20th Century   by Stefan Smutny
15:30 - 17:10 | Room A2.11 | Histories of Macroeconomics | ()
Session organized by Béatrice Cherrier
  • From optimal growth to energy and climate models: how the Ramsey Formula came to define time discounting in economics   by Béatrice Cherrier
  • Unified Growth Theory: Unifying what exactly?   by Tanguy Le Fur
  • Microfounding Macroeconomics: The Physics Envy   by Aurélien Saidi
  • Macroeconomics and Behavioural Economics: An Alternative Programme for Microfoundations?   by Francesco Sergi
15:30 - 17:10 | Room A2.12 | Firms II | ()
  • Supply Chain Dynamics with Search Frictions   by Lauri Esala
  • Superstar Firms and Aggregate Fluctuations   by Mark Weder
  • Industrial policy in endogenous production networks   by Come Poirier
  • Patents that Match your Standards: Firm-level Evidence on Competition, Innovation and Growth   by Riccardo Zago
15:30 - 17:10 | Room A2.13 | Environmental Economics I | ()
  • Investing in the green transition and competition from laggards   by Johanna Saecker
  • Green and Brown Returns in a Production Economy   by Ivan Jaccard
  • Green Ambiguity   by Marco Carli
  • The green metamorphosis of a small open economy   by Florencia Airaudo
15:30 - 17:10 | Room A2.14 | Labor II | ()
  • Optimal Unemployment Insurance in a THANK Model   by Aurélien Eyquem
  • Social Security and Life-Cycle Variation in the Cost of Job Loss   by Frank Leenders
  • Job Security and Liquid Wealth   by Ana Figueiredo
  • Inflation and Unemployment in the Long Run Revisited   by Sébastien Lotz
Parallel Sessions D

09:00 - 10:40 | Room A2.10 | Firms III | ()
  • Monetary Policy and Aggregate Investment: The Role of Entrepreneurs   by Alexander Matusche
  • The Racial Wealth Gap: the Role of Entrepreneurship   by Daniel Albuquerque
  • Non-Linear Productivity and Investment Dynamics   by Julio Galvez
  • Work from Home, Business Entry and Exit, and the Macroeconomy   by Chenchuan Shi
09:00 - 10:40 | Room A2.11 | Advances in Macro-Finance | ()
Session organized by Tim Landvoigt
  • HBANK: Monetary Policy with Heterogeneous Banks   by Marco Bellifemine
  • Aggregate Precautionary Savings Motive   by Pierre Mabille
  • Public Debt in Calibrated OLG Models: Fiscal Arithmetic versus Welfare Analysis   by Johannes Brumm
  • Asset Pricing with Optimal Under-Diversification   by Tim Landvoigt
09:00 - 10:40 | Room A2.12 | Environmental Economics II | ()
  • Unequal Climate Policy in an Unequal World   by Elisa Belfiori
  • The Dangers of Abatement Procrastination in a Tipping Climate   by Andrea Titton
  • Win as a Team or Fail as Individuals: Cooperation and Non-Cooperation in the Climate Tax Game   by Marten Hillebrand
  • Three reasons to price carbon under uncertainty: Accuracy of simple rules   by Christoph Hambel
09:00 - 10:40 | Room A2.13 | Expectations | ()
  • Biased Surveys   by Luca Gemmi
  • Adaptive Learning and Survey Expectations of Inflation   by Yuliya Rychalovska
  • Long-run inflation expectations   by Sebastian Rast
  • Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models   by Tao Wang
09:00 - 10:40 | Room A2.14 | Households II / Family | ()
  • Heterogeneity in MPC Beyond Liquid Wealth: The Role of Permanent Earnings   by Jeanne Commault
  • Low-Income Families, Maternal Labor Supply, and Welfare Reform   by Viola Garstenauer
  • Macroeconomic Effects of the Gender Revolution   by Luca Fosso
  • The simple life? Heterogeneity in income risk and household portfolios   by Sebastian Hildebrand
Parallel Sessions E

11:00 - 12:40 | Room A2.10 | Monetary Policy III | ()
  • Non-Keynesian stabilizers and inflation spirals   by Xavier Ragot
  • Resolving New Keynesian Puzzles   by Nigel McClung
  • Money Markets, Collateral and Monetary Policy   by Ciaran Rogers
  • Does the transmission monetary policy shocks change when inflation is high?   by fabio canova
11:00 - 12:40 | Room A2.11 | Young Economists Session | ()
Session organized by T2M
  • The Spatial and Distributive Implications of Working-from-Home: a General Equilibrium Model   by Morgane Richard
  • Technological Change and Unions: An Intergenerational Conflict with Aggregate Impact   by Leon Huetsch
  • Financial Skills and Search in the Mortgage Market   by Marta Cota
  • Deep Learning for Search and Matching Models   by Yucheng Yang
11:00 - 12:40 | Room A2.12 | Business Cycles | ()
  • Deconstructing Geopolitical Risk Surprises   by Marco Pinchetti
  • On the band-spectral estimation of business cycle models   by Nikolay Iskrev
  • Equilibrium Job Turnover and the Business Cycle   by Alex Clymo
  • Monetary Policy in a Tightening Cycle   by Alexander Haas
11:00 - 12:40 | Room A2.13 | Methods | ()
  • Heterogeneous Risk Preferences, Entrepreneurship, and Wealth Inequality   by Fabian Prettenthaler
  • Top Wealth Is Distributed Weibull, Not Pareto   by Simon Toussaint
  • HANK on Speed: Robust Nonlinear Solutions using Automatic Differentiation   by Gregor Boehl
  • Numerical Stability Analysis of Linear DSGE Models: Backward Errors, Forward Errors and Condition Numbers   by Alexander Meyer-Gohde
11:00 - 12:40 | Room A2.14 | Fiscal Policy III | ()
  • Debt Sustainability and Fiscal Consolidation in HANK   by Fabien Tripier
  • Federation as a Commitment Device   by Jacopo Orlandi
  • Fear of Hiking? Rising Interest Rates in Times of High Public Debt   by Leopold Zessner-Spitzenberg
  • Decomposing the Government Transfer Multiplier   by Bill Dupor
Parallel Sessions F

15:30 - 17:10 | Room A2.10 | Monetary Policy IV | ()
  • Unemployment and the State-Dependent Effects of Monetary Policy   by Eva Frieda Janssens
  • The aggregate and distributional implications of credit shocks on housing and rental markets   by Juan Castellanos
  • Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity   by Dejanir Silva
15:30 - 17:10 | Room A2.11 | Reinforcement Learning in Economics | ()
Session organized by Lilia Maliar
  • Reinforcement Learning in Macroeconomics: Past Lessons and Future Directions   by Nathan Palmer
  • Adaptive behavior in the lab   by Cars Hommes
  • Reinforcement learning for household finance: designing policy via responsiveness   by Lilia Maliar
15:30 - 17:10 | Room A2.12 | International II | ()
  • Global Value Chains and International Risk Sharing   by Rana Sajedi
  • Domestic Inequality and Global Imbalances   by Jan Mazza
  • The collateral channel: Heterogeneity within and between countries   by Lise Patureau
  • Granular Expectation Shocks and International Financial Contagion   by Margaret Davenport
15:30 - 17:10 | Room A2.13 | Financial II | ()
  • Naïve Consumers and Financial Mistakes   by Florian Exler
  • The Macroeconomics of Liquidity in Financial Intermediation   by Davide Porcellacchia
  • Asset Market Participation, Redistribution, and Asset Pricing   by Francesco Saverio Gaudio
  • Financial repression in general equilibrium: The case of the United States, 1948–1974   by Martin Kliem