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Upcoming Conference

Conference
A speaker presenting his paper to fellow economists at CORE Week.
Conference
Mon., Aug. 4 – Fri., Aug. 8, 2025

CORE Week, featuring the Marvin S. Goodfriend Conference on Productivity

Richmond Office
Richmond, VA
Audiences: Economists, Academia

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 7-8 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.

Select CORE Weeks throughout the year feature specialty conferences, lectures, and events focused on gathering top economic scholars to share research on a common topic or theme.

Marvin Goodfriend

Honoring Marvin Goodfriend

The Goodfriend Memorial Lecture is one of multiple efforts honoring the life, work and legacy of former Research Director Marvin Goodfriend, who worked at the Richmond Fed from 1978 until his retirement in 2005. Other Richmond Fed tributes include the Marvin S. Goodfriend Conference, which took place during CORE Week in May 2022, as well as Essays in Honor of Marvin Goodfriend: Economist and Central Banker, published in the same year.

Visit the Honoring Marvin Goodfriend page to learn more about Goodfriend through his research and policy papers, essays reflecting on his life and work, and personal reflections from his former colleagues.

Presenters and Visiting Economists


Scott Baker
Northwestern Kellogg School of Management
headshot of Carter Braxton
University of Wisconsin-Madison
headshot of Mariacristina De Nardi
University of Minnesota
Limor Golan
Washington University in St. Louis
Alireza Tahbaz-Salehi
Northwestern Kellogg School of Management

Marvin S. Goodfriend Conference


John Fernald
INSEAD Business School
Basil Halperin
University of Virginia
Huiyu Li
Federal Reserve Bank of San Francisco
Kyle Herkenhoff headshot
University of Minnesota
Jin Liu
University of Pennsylvania
Kristina Manysheva
Columbia Business School
Ezra Oberfield
Cornell University
Richard Rogerson
Princeton University
headshot of Mark Watson
Princeton University

Agenda


Titles listed where decided

  • Monday, Aug. 4, 2025
    03:30 pm

    Visitor Seminar: Mariacristina De Nardi (University of Minnesota) presenting the paper "Why Do Households Save and Work?" written with Margherita Borella, Fang Yang, and Johanna P. Torres Chain

  • Tuesday, Aug. 5, 2025
    10:30 am

    Marvin S. Goodfriend Conference, Day 1

    Ezra Oberfield (Cornell University) presenting the paper "The Network Origins of Firm Dynamics: Contracting Frictions and Dynamism with Long-Term Relationships" written with Johannes Boehm, Ruairidh South, and Mazhar Waseem

    11:35 am

    Kristina Manysheva (Columbia University) presenting the paper "The Origins of Structural Transformation" written with Julieta Caunedo and Mayara Felix

    01:45 pm

    Jin Liu (University of Pennsylvania) presenting the paper "Multinational Production and Innovation in Tandem"

    03:00 pm

    John Fernald (INSEAD) presenting the paper "Micro and Macro Perspectives on Production-Based Markups" written with Amit Gandhi, James Traina, and Dimitrije Ruzic

    04:15 pm

    Plenary Session — Richard Rogerson (Princeton University) presenting on Cross-Country Sectoral Productivity Differences

    05:00 pm

    Reception and Dinner

  • Wednesday, Aug. 6, 2025
    10:30 am

    Marvin S. Goodfriend Conference, Day 2

    Kyle Herkenhoff (University of Minnesota) presenting the paper "The Impact of Commercial Real Estate Regulations on U.S. Output" written with Fil Babalievsky, Lee E. Ohanian, and Edward C. Prescott

    11:30 am

    Mark Watson (Princeton University) presenting the paper "The Past and Future of U.S. Structural Change: Compositional Accounting and Forecasting" written with Andrew Foerster, Andreas Hornstein, and Pierre Sarte

    01:15 pm

    Huiyu Li (Federal Reserve Bank of San Francisco) presenting the paper "Work-from-home, firms, workers and productivity" written with Tom Schmitz and Julien Sauvagnat

    02:15 pm

    Basil Halperin (University of Virginia) presenting the paper "Transformative AI, existential risk, and real interest rates" written with Trevor Chow and J. Zachary Mazlish

    03:30 pm

    Economist & Visitor Collaboration Afternoon

  • Thursday, Aug. 7, 2025
    09:00 am

    Economist & Visitor Collaboration Morning

    11:00 am

    Visitor Seminar: Alireza Tahbaz-Salehi (Northwestern University) presenting the paper "Expectations and the Term Structure of Interest Rates" written with Pooya Molavi and Andrea Vedolin

    03:30 pm

    Visitor Seminar: Limor Golan (Washington University in St. Louis) presenting the paper "Estimating a Life-Cycle Model of Pay and Task Assignment: Productivity, Discrimination and the Racial Gaps" written with Carl Sanders and Jonathan James

    05:30 pm

    Offsite Collaboration Hour

  • Friday, Aug. 8, 2025
    09:00 am

    Visitor Seminar: Carter Braxton (University of Wisconsin-Madison) presenting the paper "Rising Risk Among the Rich: Implications for Wealth Inequality and Interest Rates" written with Kyle Herkenhoff, Chengdai Huang, Michael Nattinger, Jonathan Rothbaum, and Lawrence Schmidt

    11:00 am

    Visitor Seminar: Scott Baker (Northwestern University) presenting the paper "Effects of Cryptocurrency Wealth on Household Consumption and Investment" written with Darren Aiello, Tetyana Balyuk, Marco Di Maggio, Mark Johnson, and Jason Kotter

    12:00 pm

    Closing Lunch

Logo for CORE Week.

CORE Week

Visit our CORE Week page for more information, including future dates, highlights from past events, and more.

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