Conferences & workshop

Conference on Finance, Labor and Inequality

 

Program

Monday, 19 June 2023

8:30-8:55 Registration

8:55-9:00 Welcome address

Session 1: Income Risk and Financial Frictions

Chair: Marco Pagano (University of Naples Federico II)

9:00-9:45 David Matsa (Kellogg School of Management, Northwestern University) | Slides
Dual Credit Markets: Income Risk, Household Debt, and Consumption (joint with Brian T. Melzer, and Michal Zator) 
Discussant: Constantine Yannelis (Chicago Booth School of Business) | Slides

9:45-10:30 Lawrence D. W. Schmidt (MIT Sloan School of Management)
Discount Rates, Labor Market Dynamics, and Income Risk (joint with Maarten Meeuwis, Dimitris Papanikolaou, and Jonathan Rothbaum) | Slides
Discussant: Jan Bena (Sauder School of Business, University of British Columbia) | Slides

10:30-11:00 Coffee break

Session 2: Owners, Managers, and Employees’ Income

Chair: Alon Brav (Duke University)

11:00-11:45 Valentina Rutigliano (Sauder School of Business, University of British Columbia)
Entrepreneurs’ Diversification and Labor Income Risk (joint with Jan Bena, Andrew Ellul, and Marco Pagano) | Slides
Discussant: Spyridon Lagaras (Katz Business School, University of Pittsburgh) | Slides

11:45-12:30 Alex He (Maryland University)
Eclipse of Rent-Sharing: The Effects of Managers’ Business Education on Wages and the Labor Share in the US and Denmark (joint with Daron Acemoglu, and Daniel le Maire) | Slides
Discussant: Monica Langella (University of Naples Federico II) | Slides

12:30-13:30 Lunch

Session 3: Labor and Housing Markets

Chair:  Elena Simintzi (Kenan-Flagler Business School, University of North Carolina)

13:30-14:15 Isaac Hacamo (Kelley School of Business, Indiana University)
Priced-out: Rent Control and Wage Inequality (joint with Geraldo Cerqueiro, and Pedro Raposo) | Slides
Discussant: Gil Nogueira (Bank of Portugal) | Slides

14:15-15:00 Kasper Roszbach (Norges Bank)
The Price of Leverage: Learning from the Effect of LTV Constraints on Job Search and Wages (joint with Gazi Kabas) | Slides
Discussant: Tania Babina (Columbia Business School) | Slides

15:00-15:30 Coffee break

Session 4: Discriminations and Disparities

Chair: David Matsa (Kellogg School of Management, Northwestern University)

15:30-16:15 Daniel Ferreira (London School of Economics) | Slides
Subtle Discrimination (joint with Elena S. Pikulina)
Discussant: Paolo Fulghieri (Kenan-Flagler Business School, University of North Carolina) | Slides

16:15-17:00 Margarida Soares (Nova School of Business and Economics)
 Are Women More Exposed to Firm Shocks? (joint with Ramin Baghai, and Rui Silva) | Slides
Discussant: Elena Simintzi (Kenan-Flagler Business School, University of North Carolina) | Slides

19:30 Dinner

Tuesday, 20 June 2023

Session 5: Non-Wage Incentives in Labor Markets

Chair: Andrew Ellul (Kelley School of Business, Indiana University)

9:00-9:45 Geoffrey Tate (Maryland University) | Slides
Firms with Benefits? Nonwage Compensation and Implications for Firms and Labor Markets (joint with Paige Ouimet) | 
Discussant: Vicente Cunat (London School of Economics) | Slides

9:45-10:30 Ankit Kalda (Kelley School of Business, Indiana University)
External Labor Market Punishment in Finance (joint with Naser Hamdi, and Avantika Pal) | Slides
Discussant: Maddalena Ronchi (Kellogg School of Management, Northwestern University) | Slides

10:30-11:00 Coffee break

Session 6: Automation, Market Integration, and Income Inequality

Chair: Paolo Fulghieri (Kenan-Flagler Business School, University of North Carolina)

11:00-11:45 Joacim Tåg (Hanken School of Economics and IFN)
Importing Automation through Foreign Acquisitions (joint with Malin Gardberg, and Fredrik Heyman) 
Slides
Discussant: Ashwini Agrawal (London School of Economics) | Slides

11:45-12:30 Yizhou Xiao (Chinese University of Hong Kong) 
Market Integration, Risk-Taking, and Income Inequality (joint with Lin William Cong, and Ron Kaniel)
Discussant: Ernst Maug (University of Mannheim) | Slides

12:30-13:30 Lunch

Allocated time:
Author: 25 minutes
Discussant: 10 minutes
Floor discussion: 10 minutes

General info