Labor Markets and the Macroeconomy

Date

Friday, March 3, 2006 – Saturday, March 4, 2006

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Agenda Summary

Agenda

Friday, March 3

 
8:10 A.M. Continental Breakfast
 
8:50 A.M. Welcoming Remarks:
Janet Yellen, Federal Reserve Bank of San Francisco
 
Morning Session Chair: Glenn Rudebusch, Federal Reserve Bank of San Francisco
9:00 A.M. The Interaction of Labor Markets and Inflation: Analysis of Micro Data from the International Wage Flexibility Project
Presenters:
William Dickens, Brookings Institution
Lorenz Goette, University of Zurich
Erica Groshen, Federal Reserve Bank of New York
Steinar Holden, University of Oslo
Julian Messina, Jarkko Turunen, Melanie Ward, European Central Bank
Mark Schweitzer, Federal Reserve Bank of Cleveland
Discussants:
Paul Beaudry, University of British Columbia
Jeffrey Fuhrer, Federal Reserve Bank of Boston
 
10:30 A.M. Break
 
11:00 A.M. Measuring Trends in Leisure
Presenters:
Mark Aguiar, Federal Reserve Bank of Boston
Erik Hurst, University of Chicago
Discussants:
Valerie Ramey, University of California, San Diego
Justin Wolfers, University of Pennsylvania
 
12:30 P.M. Lunch — Market Street Dining Room, Fourth Floor
 
Afternoon Session Chair: John Williams, Federal Reserve Bank of San Francisco
2:00 P.M. The Labor Market and Macro Volatility: A Nonstationary
General-Equilibrium Analysis
Presenter:
Robert Hall, Stanford University
Discussants:
Russell Cooper, University of Texas at Austin
Martin Eichenbaum
, Northwestern University
 
3:30 P.M. Break
 
4:00 P.M. Mismatch
Presenter: Robert Shimer, University of Chicago
Discussants: Eva Nagypal, Northwestern University
Garey Ramey, University of California, San Diego
 
5:30 P.M. Reception — West Market Street Lounge, Fourth Floor
6:30 P.M. Dinner — Market Street Dining Room, Fourth Floor
Introduction: Janet Yellen, Federal Reserve Bank of San Francisco
Speaker: Alan Krueger, Princeton University
 

Saturday, March 4

 
8:00 A.M. Continental Breakfast
 
Morning Session Chair: Richard Dennis, Federal Reserve Bank of San Francisco
8:45 A.M. Unemployment Fluctuations with Staggered Nash Wage Bargaining
Presenters: Mark Gertler, New York University
Antonella Trigari, Università Bocconi
Discussants: Lawrence Christiano, Northwestern University
Carl Walsh, University of California, Santa Cruz
 
10:15 A.M. Break
 
10:30 A.M. Cyclical Wages in a Search and Bargaining Model with Large Firms
Presenter: Julio Rotemberg, Harvard University
Discussants: V.V. Chari, University of Minnesota
Thomas Lubik
, Johns Hopkins University
 
12:00 P.M. Lunch
 
1:00 P.M.
Adjourn