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Upcoming Conference

Conference
A speaker presenting his paper to fellow economists at CORE Week.
Conference
Mon., Sept. 22 – Fri., Sept. 26, 2025

CORE Week, featuring the Fed's Balance Sheet Conference

Richmond Office
Richmond, VA
Audience: Economists

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.

Presenters and Visiting Economists


Hengjie Ai
University of Wisconsin-Madison
Sadhika Bagga
University of Rochester
Adrien Bilal
Stanford University
Niklas Engbom
New York University
Federico Huneeus
Duke University
David Wiczer
Federal Reserve Bank of Atlanta
Vivian Yue
Emory University
Shengxing Zhang
Carnegie Mellon University

The Fed's Balance Sheet Conference


headshot of Huberto Ennis
Federal Reserve Bank of Richmond
Gabriele La Spada
Federal Reserve Bank of New York
Ricardo Lagos
New York University
headshot of Lorie Logan
Federal Reserve Bank of Dallas
Anil Kashyap
Chicago Booth
headshot of Ricardo Reis
Richmond Fed Long-Term Consultant,
London School of Economics
Massimo Rostagno
European Central Bank
Jeremy Stein
Harvard University
Annette Vissing-Jorgensen
Federal Reserve Board of Governors

Agenda


Titles listed where decided

  • Monday, Sept. 22, 2025
    03:30 pm

    Visitor Seminar: Hengjie Ai (University of Wisconsin-Madison) presenting the paper "Using Asset Prices to Measure the Long-run Impact of Monetary Policy" written with Leitao Fu

    05:30 pm

    Offsite Collaboration Hour

  • Tuesday, Sept. 23, 2025
    09:00 am

    Economist & Visitor Collaboration Morning

    11:00 am

    Visitor Seminar: David Wiczer (Federal Reserve Bank of Atlanta) presenting the paper "The Place-Based Redistribution of Disability Insurance" written with Amanda M. Michaud and Timothy J. Moore

    01:30 pm

    Visitor Seminar: Adrien Bilal (Stanford University) presenting the paper "The Macroeconomic Impact of Climate Change: Global vs. Local Temperature" written with Diego Kanzig

    03:30 pm

    Visitor Seminar: Sadhika Bagga (University of Rochester) presenting on presenting the paper "Job Amenity Shocks and Labor Reallocation " written with Lukas Mann, Aysegul Sahin, and Gianluca Violante

  • Wednesday, Sept. 24, 2025
    09:00 am

    Economist & Visitor Collaboration Morning

    11:00 am

    Visitor Seminar: Federico Huneeus (Duke University) presenting the paper "The Incidence of Distortions" written with David Atkin, Baptiste Bernardac, Dave Donaldson, and Tishara Garg

    02:30 pm

    Visitor Seminar: Vivian Yue (Emory University) presenting the paper "Climate Policy and Sovereign Default Risk" written with Jafet Baca and Givi Melkadze

  • Thursday, Sept. 25, 2025
    09:00 am

    Ricardo Lagos (New York University) presenting the paper "Monetary Policy Operations: Theory, Evidence, and Tools for Quantitative Analysis" written with Gastón Navarro

    10:15 am

    Massimo Rostagno (European Central Bank) presenting the paper "When Banks Hold Back: Credit and Liquidity Provision" written with Carlo Altavilla and Julian Schumacher

    11:25 am

    Annette Vissing-Jorgensen (Federal Reserve Board) presenting the paper "Fluctuations in the Treasury General Account and Their Effect on the Fed's Balance Sheet"

    01:40 pm

    Panel Discussion — Lorie Logan (Federal Reserve Bank of Dallas), Jeremy Stein (Harvard University), and Anil Kashyap (Chicago Booth)

    Moderator — Ricardo Reis (London School of Economics & Richmond Fed Long-Term Consultant)

    02:50 pm

    Gabriele La Spada (Federal Reserve Bank of New York) presenting the paper "Scarce, Abundant, or Ample? A Time-Varying Model of the Reserve Demand Curve" written with Gara Afonso, Domenico Giannone, and John Williams

    04:00 pm

    Huberto Ennis (Federal Reserve Bank of Richmond) presenting the paper "The Diffusion of Bank Reserves in the U.S." written with Alexander Wolman

  • Friday, Sept. 26, 2025
    09:00 am

    Visitor Seminar: Niklas Engbom (New York University) presenting the paper "The Long-term Decline of the U.S. Job Ladder" written with Aniket Baksy and Daniele Caratelli

    11:00 am

    Visitor Seminar: Shengxing Zhang (Carnegie Mellon University) presenting the paper "Bank Expertise and Structural Transformation" written with Gang Zhang and Yu Yi

    12:00 pm

    Closing Lunch

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CORE Week

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

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