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Macroeconomics Across Time and Space

May 23-24, 2008
Federal Reserve Bank of Philadelphia

Program

Friday, May 23

1:00 p.m.

INNOVATION AND EDUCATION

 

"U.S. Investment 1901-2005: Incumbents, Entrants, and Q"
(PDF; 599 KB, 45 pages)

  • Boyan Jovanovic (Presenting Author)
  • Peter Rousseau

"The Evolution of Education: A Macroeconomic Analysis" (PDF; 596 KB, 35 pages)

  • Diego Restuccia
  • Guillaume Vandenbroucke (Presenting Author)

2:40 p.m.

Break

3:00 p.m.

FERTILITY

"Explaining International Fertility Differences" (PDF; 340 KB, 54 pages)

  • Rody Manuelli (Presenting Author)
  • Ananth Sheshadri

"Complements Versus Substitutes and Trends in Fertility Choice in Dynastic Models" (PDF; 515 KB, 49 pages)

  • Larry Jones (Presenting Author)
  • Alice Schoonbroodt

4:40 p.m.

Break

5:00 p.m.

GREAT DEPRESSIONS

"The Great Depression" (PDF; 266 KB, 32 pages)

  • Roger Farmer (Presenting Author)

"The Finnish Great Depression: From Russia with Love" (PDF; 526 KB, 57 pages)

  • Yuriy Gorodnichenko
  • Enrique Mendoza
  • Linda Tesar (Presenting Author)

6:40 p.m.

Adjourn

Saturday, May 24

8:00 a.m.

Continental Breakfast

8:30 a.m.

VERY LONG RUN ANALYSIS

"Diversity and the Origin of the Wealth of Nations" (two papers)

  1. "Cultural Assimilation, Cultural Diffusion and the Origin of the Wealth of Nations" (PDF; 509 KB, 50 pages)
  2. "Human Genetic Diversity and Comparative Economic Development" (PDF; 827 KB, 55 pages)
  • Quamrul Ashraf
  • Oded Galor (Presenting Author)

"Was the Wealth of Nations Determined in 1000 B.C.?" (PDF; 571 KB, 52 pages)

  • Diego Comin (Presenting Author)
  • William Easterly
  • Erick Gong

10:10 a.m.

Break

10:30 a.m.

INDUSTRIAL DEVELOPMENT

"Tariffs, Trains, and Trade: The Role of Institutions Versus Technology in the Expansion of Markets" (PDF; 1.08 MB, 68 pages)

  • Wolfgang Keller (Presenting Author)
  • Carol Shiue

"Spatial Growth and Industry Age" (PDF; 769 KB, 30 pages)

  • Klaus Desmet (Presenting Author)
  • Esteban Rossi-Hansberg

12:10 p.m.

Lunch

1:30 p.m.

DEVELOPMENT IN MARKETS

"Scale and the Origins of Structural Change" (PDF; 394 KB, 39 pages)

  • Francisco Buera
  • Joseph Kaboski (Presenting Author)

"The Evolution of Markets and the Revolution of Industry" (PDF; 267 KB, 30 pages)

  • Klaus Desmet
  • Stephen Parente (Presenting Author)

3:10 p.m.

Break

3:30 p.m.

INFLATION AND UNEMPLOYMENT

"Inflation and Unemployment in the Long Run" (PDF; 6.13 MB, 74 pages)

  • Aleksander Berentsen
  • Guido Menzio
  • Randall Wright (Presenting Author)

4:20 p.m.

Adjourn