Recent Developments in the U.S. Labor Market: Analysis and Policy Responses - October 3-4, 2013

Banner image for the Annual Employment Conference
Thursday, October 3, 2013
12:15 p.m. Box lunch
1:00 Welcome
Dennis Lockhart, president and chief executive officer, Federal Reserve Bank of Atlanta
  Session 1, Azalea Room
Melinda Pitts,
Federal Reserve Bank of Atlanta
1:15 "Measuring Matching Efficiency with Heterogeneous Jobseekers"
Presenter: Sam Schulhofer-Wohl, Federal Reserve Bank of Minneapolis
Coauthor: Robert E. Hall
Discussant: Ayşegül Şahin, Federal Reserve Bank of New York
2:15 "Mobility within Currency Unions"
Presenter: Iván Werning, Massachusetts Institute of Technology
Discussant: Thomas Philippon, New York University
3:15 Break
3:35 "Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market" PDF icon
Presenter: Henry S. Farber, Princeton University
Coauthor: Rob Valletta
Discussant: John Kennan, University of Wisconsin–Madison
4:35 "Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects"
Presenter: Iourii Manovskii, University of Pennsylvania
Coauthors: Marcus Hagedorn, Fatih Karahan, and Kurt Mitman
Discussant: Jesse Rothstein, University of California–Berkeley
5:45 Reception
6:15 Dinner
Peachtree-Piedmont Dining Room
Friday, October 4, 2013
8:00 a.m. Continental breakfast
  Session 2, Azalea Room
Richard Rogerson, Princeton University
8:30 "Wage Adjustment in the Great Recession" PDF icon
Presenter: Michael Elsby, University of Edinburgh
Coauthors: Donggyun Shin and Gary Solon
Discussant: Bart Hobijn, Federal Reserve Bank of San Francisco
9:30 "How Sticky Wages in Existing Jobs Can Affect Hiring" PDF icon
Presenter: Yongsung Chang, University of Rochester
Coauthors: Mark Bils and Sun-Bin Kim
Discussant: Marianna Kudlyak, Federal Reserve Bank of Richmond
10:30 Break
10:50 "Worker Flows over the Business Cycle: The Role of Firm Quality" PDF icon
Presenter: Lisa Kahn, Yale University
Coauthor: Erika McEntarfer
Discussant: Chris Foote, Federal Reserve Bank of Boston
Noon Lunch
Peachtree-Piedmont Dining Room

Keynote Speaker: Ed Lazear, Stanford University
"The New Normal? Productivity and Employment during the Recession and Recovery"
1:30 p.m. "Did the Job Ladder Fail after the Great Recession?"
Presenter: Giuseppe Moscarini, Yale University
Coauthor: Fabien Postel-Vinay
Discussant: Rob Valletta, Federal Reserve Bank of San Francisco
2:30 "Effects of the Affordable Care Act on the Amount and Composition of Labor Market Activity"
Presenter: Casey Mulligan, University of Chicago
Coauthor: Trevor Gallen
Discussant: Mary Daly, Federal Reserve Bank of San Francisco
3:30 Closing Remarks
Dave Altig, Federal Reserve Bank of Atlanta
3:45 Adjournment