Friday, Oct. 7 , 2011
USC Marshall School,  Hoffman Hall - Room 2

10:00 am - 10:30 am   “The recent Evolution of the Natural Rate of Unemployment”
          Bart Hobijn   (Federal Reserve Bank, San Francisco)
           Co-author: Mary Daly (FRBSF), & Rob Valletta (FRBSF)
11:00 am - 12:00 pm   “A Competitive Theory of Mismatch” (posted 10-3-11)
          Javier Birchenall   (UCSB Econ.)
12:00 pm - 1:30 pm   Lunch   (Marshall School, HOH-2)
1:30 pm - 2:30 pm   “The Return to College: Selection Bias and Dropout Risk”
          Oksana Leukhina   (Univ. of Washington Econ.)
           Co-author: Lutz Hendricks (UNC Chapel Hill)
2:30 pm - 3:30 pm   “The Allocation of Talent and U.S. Economic Growth”
          Chad Jones   (Stanford Econ.)
           Co-authors: Chang-Tai Hsieh (Chicago Booth), Erik Hurst (Chicago Booth),
           & Peter Klenow (Stanford)
3:30 pm - 4:00 pm   Coffee Break
4:00 pm - 5:00 pm   “Immigration, Human Capital and the Welfare of Natives”
          Juan Eberhard    (USC)
5:00 pm - 6:00 pm   “Health Insurance Reform: The Impact of a Medicare Buy-in” no paper - just slides   (posted 10-4-11)
          Gary Hansen   (UCLA)
           Co-authors: Minchung Hsu (GRIPS) & Junsang Lee (ANU)

Click here to obtain a PDF version of the above program.

We will NOT be providing hardcopies of papers at the workshop!!  If you want a hardcopy of any paper, please PRINT YOUR OWN (click on the paper title in the program above).  Click here to obtain abstracts for all 6 papers (.pdf - REVISED 10/3/11).

There will be vegetarian options available at lunch.

  - Go to USC Gate 3 at the corner of Figueroa St. and USC McCarthy Way. (3501 S. Figueroa St.)
  - Get in the left lane and stop at the kiosk.
  - Inform the kiosk guard that you have a parking reservation under the name "USC FBE Macro Day".
  - The guard will give you a parking pass and allow 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!

  - The parking confirmation number is "361061".

Macro Day campus map with parking & HOH-2 directions. (pdf)
Directions to USC Gate 3. (click on Get Directions and input your starting point,
courtesy Google maps)
        Full campus map (pdf).

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

Organizer: Juan Eberhard    213-740-6532   email:

University of Southern California  ·  Finance and Business Economics Department  ·  BRI-308, MC-0804
3670 Trousdale Parkway, Ste. 308  ·  Los Angeles, CA 90089-0804 ·  213-740-6515  ·  213-740-6650 fax  ·
This page last modified: 10/10/11 by Terry Lichvar, Program Administrator, USC FBE Dept.     ©2011 Univ. of Southern California