Friday, Nov. 4, 2016
USC Marshall School, Fertitta Hall, Room 236

9:15 am - 9:30 am   Coffee & Check-in
9:30 am - 10:20 am   The Gains from Input Trade with Heterogeneous Importers
          Joaquin Blaum  (Brown University)
               Co-authors: Claire Lelarge (Banque de France) and Michael Peters (Yale)
10:20 am - 10:35 am   Coffee Break
10:35 am - 11:25 am   The Aging of the Baby Boomers: Demographics
  and Propagation of Tax Shocks
          Domenico Ferraro  (Arizona State University)
               Co-author: Giuseppe Fiori (North Carolina State Univ.)
11:25 am - 11:40 am   Coffee Break
11:40 am - 12:30 pm   Mortgage Debt, Consumption, and Illiquid Housing
  Markets in the Great Recession
          Aaron Hedlund  (University of Missouri)
               Co-author: Carlos Garriga (FRB St. Louis)
12:30 pm -  2:30 pm   Lunch   (Marshall School, room TBA)
2:30 pm -  3:20 pm   The Unemployment Accelerator
          Gaston Navarro  (Federal Reserve Board)
               Co-author: Julio Blanco (University of Michigan)
3:20 pm -  3:35 pm   Coffee Break
3:35 pm -  4:25 pm   Demographic Origins of the Startup Deficit
          Fatih Karahan  (Federal Reserve Bank of New York)
               Co-authors: Benjamin Pugsley (FRB New York) and Aysegul Sahin (FRB New York)
4:25 pm -  4:40 pm   Coffee Break
4:40 pm -  5:30 pm   The Disability Option: Labor Market Dynamics
  with Macroeconomic and Health Risks
          David Wiczer  (Federal Reserve Bank of St. Louis)
               Co-author: Amanda Michaud (Indiana University)
5:30 pm   Adjourn

If you haven't already done so, please RSVP to attend this conference.
Click here to obtain a PDF version of the above program.

If you want a hardcopy, please print the papers yourself.  To obtain PDF copies of individual papers, click on the paper title in the program above.   Paper abstracts (all 6 on one PDF).    Zipped archive (all 6 papers, 5MB .zip file).

There will be a vegetarian option available at lunch.  However, feel free to include any food allergies or other pertinent information in your RSVP.

  - Go to USC Gate 3 at the corner of Figueroa St. and USC McCarthy Way. (3501 S. Figueroa St.)
  - Get in the right lane and stop at the kiosk.
  - Inform the kiosk attendant that you have a parking reservation under the name
          "Macro Day" with reservation confirmation number "154747".

  - The attendant will give you a parking pass and direct you to enter "Parking Structure X (PSX)"
           immediately adjacent to Gate 3.    DO NOT park in spaces marked "Reserved",
          "Carpool", or "Handicapped" or you WILL receive a parking ticket!

  - Leave the pass on the driver's side of your dashboard while parked.
  - There is no need to stop at the kiosk or return the pass when you leave.

Macro Day campus map with parking & JFF directions. (pdf)

Directions to USC Gate 3. (courtesy Google maps)        Full campus map (pdf).

For more information, contact the FBE Dept., 213-740-6515 or

Organizer: Nir Jaimovich (njaimovi[at]

University of Southern California  ·  Finance and Business Economics Department  ·  HOH-231, MC-1422
701 Exposition Blvd, Ste.231  ·  Los Angeles, CA 90089-1422 ·  213-740-6515  ·  213-740-6650 fax  ·
This page last modified: 10/28/16 by Terry Lichvar, USC FBE Dept.     ©2016 Univ. of Southern California