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Visiting Economists Share Timely Insights

The Richmond Fed’s recent Collaboration of Research Economists (CORE) Week featured leading economists whose generous sharing of expertise provided an opportunity for the Bank’s researchers and invited guests to learn about some of the latest findings across a range of disciplines.

This inaugural event took place Nov. 15–19 at the Bank’s Richmond office and served as a kick-off for the series, which will occur eight times per year going forward. In addition to a series of seminars, the week included the Fall Research Workshop, which was held as a hybrid event, given limited onsite capacity.

Featured visitors and seminar presenters were: Katarina Borovickova (New York University), who presented a seminar on a paper she co-authored titled "Consistent Evidence on Duration Dependence of Price Changes;" Ana Babus (Washington University in St. Louis) who presented the paper "The Anatomy of Financial Innovation," coauthored with Matias Marzani and Sara Moreira; Peter Blair (Harvard University), an assistant professor of education at Harvard University, whose seminar was focused on his paper "Occupational Licensing and the Digital Economy;" Zhen Huo (Yale) who presented the paper "Information Frictions in Global Value Chains: Implications for the International Transmission of Shocks;" and Serdar Ozkan (University of Toronto), who presented "Why are the wealthiest so wealthy?" Dr. Blair also provided the keynote for the Bank’s 2021 Diverse Economics Conference, a virtual event held concurrently with CORE Week.

The participating economists described the week as “energizing” and “full of learning” and also appreciated the networking opportunities it afforded.

“Collaboration is essential to economic research,” says Richmond Fed Research Director Kartik Athreya. “This week, and future CORE weeks, are an incredible chance for us to exchange ideas and push the boundaries of our knowledge — which will ultimately inform our core policy mission: to strengthen the nation’s economy.”

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