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Past Conference

Conference
Scene from a previous CORE Week event
Conference

Mon., March 21, 2022 - Fri., March 25, 2022

CORE Week, featuring the Government Programs and their Effect on Welfare and Employment Conference

The Collaboration of Research Economists (CORE) model combines frontier research and an innovative delivery method to advance collaboration within the economics profession.

The CORE model consists of eight CORE Weeks per year. During each week, visiting economists from a range of disciplines will join with Richmond Fed economists for seminars, conferences, and formal and informal networking and collaboration—all with an eye toward advancing economic research.

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The Richmond Fed’s March installment of CORE Week included a nod to inclusion and to women who are making history in the field.  The week kicked off with a two-part discussion about women in economics that was jointly hosted by the Bank’s Research department and its Supervision Regulation and Credit division.  Arantxa Jarque, senior policy economist at the Richmond Fed, and Daniel Scidá, financial economist and manager at the Richmond Fed, discuss the challenges faced by women in the economics profession and the progress that the Federal Reserve Bank of Richmond has made in addressing them in this Women in Economics: Advancing Together podcast.

In addition to the numerous seminars presented by visiting economists, the week included the Government Programs and their Effect on Welfare and Employment Conference, with speakers presenting papers on a range of topics all outlined below. Conference organizer Marios Karabarbounis, a Richmond Fed economist, shared that “The conference focused on the effects of government programs that provide important financial assistance to workers in times of job loss, retirement, or disability coverage. Some of the papers also analyzed the effect of higher minimum wages and of fiscal stimulus, such as direct checks to households. As the recent experience with Covid-19 highlighted, such programs can affect a large portion of the population so understanding the exact costs and benefits associated with these programs is an important task.”  Learn more about the conference in this Economic Brief.

  • Sarah Zubairy presenting her paper

    1 of 7 Sarah Zubairy presenting “Public Pension Reforms and Retirement Decisions: Narrative Evidence and Aggregate Implications”

  • Christian Wolf presenting his paper

    2 of 7 Christian Wolf presenting “Interest rate cuts vs. stimulus payments: An equivalence result”

  • Tom Winberry presenting his paper

    3 of 7 Tom Winberry presenting “The Minimum Wage in the Short Run and the Long Run”

  • Pascal Noel presents his paper.

    4 of 7 Pascal Noel presenting “Spending and Job Search Impacts of Expanded Unemployment Benefits”

  • Women in Economics: Advancing Together collaboration session

    5 of 7 Women in Economics: Advancing Together collaboration session

  • Isaac Baley presenting his paper

    6 of 7 Isaac Baley presenting “The Macroeconomics of Partial Irreversibility”

  • Ali Shourideh presenting his paper

    7 of 7 Ali Shourideh presenting “Inequality, Redistribution and Optimal Trade Policy: A Public Finance Approach”

Presenters and Visiting Economists


Naoki Aizawa

Naoki Aizawa

University of Wisconsin-Madison
Isaac Baley

Isaac Baley

Universitat Pompeu Fabra and Barcelona School of Economics, CREI
headshot of Mark Bils

Mark Bils

University of Rochester
Michael Choi

Michael Choi

University of California, Irvine
Cosmin Ilut

Cosmin Ilut

Duke University
headshot of Marios Karabarbounis

Marios Karabarbounis

Federal Reserve Bank of Richmond
headshot of Nicolas Morales

Nicolas Morales

Federal Reserve Bank of Richmond
Pascal Noel

Pascal Noel

Chicago Booth
headshot of Ricardo Reis

Ricardo Reis

London School of Economics
Guillaume Rocheteau

Guillaume Rocheteau

University of California, Irvine
headshot of Esteban Rossi-Hansberg

Esteban Rossi-Hansberg

University of Chicago
Ali Shourideh

Ali Shourideh

Carnegie Mellon University
Thomas Winberry

Tom Winberry

The Wharton School
Kairong Xiao

Kairong Xiao

Columbia Business School
Daniel Yi Xu

Daniel Yi Xu

Duke University
Sarah Zubairy

Sarah Zubairy

Texas A&M University

Agenda


Titles listed where decided.

  • Monday, March 21, 2022
    11:45 am

    Economist Lunch

    12:00 pm

    Women in Economics: A RICH Discussion with Bev Hirtle

    01:00 pm

    Women in Economics: Advancing Together

    02:30 pm

    Visitor Seminar: Cosmin Ilut (Duke University) presenting the paper “Economic agents as imperfect problem solvers”, joint with Rosen Valchev

    04:00 pm

    Collaboration Hour

  • Tuesday, March 22, 2022
    09:30 am

    In The News Session: Immigration Inflows into Rural Areas, presented by Nicolas Morales

    10:30 am

    Visitor Seminar: Daniel Yi Xu (Duke University) presenting the paper “Regulating conglomerates in China: Evidence from an Energy Conservation Program

    12:30 pm

    Visitor Seminar: Dávid Krisztián Nagy (CREI) presenting the paper "The Death and Life of Great British Cities"

    03:30 pm

    Visitor Seminar: Guillaume Rocheteau (University of California-Irvine) presenting the paper "Information Acquisition and Price Discrimination in Dynamic, Decentralized Markets", joint with Michael Choi

  • Wednesday, March 23, 2022
    11:00 am

    Visitor Seminar Isaac Baley (Universitat Pompeu Fabra) presenting the paper “The Macroeconomics of Partial Irreversibility”, joint with Andrés Blanco

    02:30 pm

    Visitor Seminar: Ali Shourideh (Carnegie Mellon University) presenting the paper “Inequality, Redistribution and Optimal Trade Policy: A Public Finance Approach

  • Thursday, March 24, 2022
    12:30 pm

    Visitor Seminar: Kairong Xiao (Columbia Business School) will be presenting the paper '‘The Shadow Cost of Collateral"

    03:30 pm

    Visitor Seminar: Michael Choi (University of California, Irvine) presenting the paper “Learning and Money Adoption

  • Friday, March 25, 2022
    08:45 am

    Government Programs and their Effect on Welfare and Employment Conference

    Opening Remarks & Breakfast

    09:00 am

    Pascal Noel (Chicago Booth), presenting the paper "Spending and Job Search Impacts of Expanded Unemployment Benefits"

    09:45 am

    Marios Karabarbounis (Fed Richmond), presenting the paper “Disincentive Effects of Pandemic Unemployment Benefits

    10:30 am

    Break

    11:00 am

    Naoki Aizawa (University of Wisconsin) presenting the paper "Firm Accommodation and the Design of Social Insurance: Evidence from Return to Work after Workplace Disability"

    11:45 am

    Lunch

    01:00 pm

     Tom Winberry (The Wharton School) presenting the paper "The Minimum Wage in the Short Run and the Long Run"

    01:45 pm

    Sarah Zubairy (Texas A & M University), presenting the paper "Public Pension Reforms and Retirement Decisions: Narrative Evidence and Aggregate Implications"

    02:30 pm

    Break

    03:00 pm

    Christian Wolf (MIT), presenting the paper “Interest rate cuts vs. stimulus payments: An equivalence result

Future CORE Weeks


2022

  • May 9 – May 13
  • June 21 – June 24
  • August 1 – August 5
  • September 26 – September 30
  • November 7 – November 10
  • December 12 – December 16

Previous CORE Weeks


2021

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