- Full event (video)
The Opportunity & Inclusive Growth Institute hosted its annual research conference on November 17, 2022. This event celebrated the Institute’s five-year anniversary and showcased the range of frontier-style research with which the Institute engages. The program committee of David Argente, Raji Chakrabarti, John Grigsby, Amanda Michaud, Didem Tüzemen, Michael Waugh, and Abigail Wozniak selected the paper presentations, which discuss questions related to the Institute’s mission of supporting the Federal Reserve’s mandates through research into how to enhance economic opportunity and achieve inclusive growth. Keynote remarks were provided by Philip Jefferson, a former Institute advisor who was confirmed in 2022 to the Board of Governors of the Federal Reserve System.
The conference was accompanied by two other events. The Institute Advisory Board held its annual meeting on Wednesday. Friday was the Institute’s mentoring conference, which provides junior scholars an opportunity to present research and receive feedback in a constructive setting. These events were not recorded, but we encourage you to visit participants’ websites to engage with their scholarship (see below).
Event Agenda
Thursday, November 17, 2022 |
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| 9:30 a.m. – 9:40 a.m. CT |
Opening remarksAbigail Wozniak, Federal Reserve Bank of Minneapolis |
| 9:40 a.m. – 10:40 a.m. CT |
Keynote remarks and panel discussion
Moderator: Neel Kashkari, Federal Reserve Bank of Minneapolis |
| 10:40 a.m. – 10:50 a.m. CT |
Break |
| 10:50 a.m. – 11:40 a.m. CT |
The Effects of Macroeconomic Shocks: Household Financial Distress Matters [Paper]Kartik Athreya, Federal Reserve Bank of Richmond; Ryan Mather, University of Wisconsin, Madison; José Mustre-del-Río, Federal Reserve Bank of Kansas City; and Juan M. Sánchez, Federal Reserve Bank of St. Louis Presenter: Kartik Athreya, Federal Reserve Bank of Richmond [Slides] |
| 11:40 a.m. – 12:30 p.m. CT |
The Effect of Maternal Labor Supply on Children: Evidence from Bunching [Paper]Carolina Caetano, University of Georgia; Gregorio Caetano, University of Georgia; Eric Nielsen, Federal Reserve Board; Viviane Sanfelice, Temple University Presenter: Eric Nielsen, Federal Reserve Board of Governors [Slides] |
| 12:30 p.m. – 1:30 p.m. CT |
Lunch |
| 1:30 p.m. – 2:20 p.m. CT |
Consumer Demand and Credit Supply as Barriers to Growth for Black-Owned Start-ups [Paper]Eugene Tan, University of Toronto; Teega Zeida, Brock University Presenter: Teega Zeida, Brock University [Slides] |
| 2:20 p.m. – 3:10 p.m. CT |
Local Effects of Global Capital Flows: A China Shock in the U.S. Housing Market [Paper]Zhimin Li, Peking University; Leslie Shen, Federal Reserve Bank of Boston; Calvin Zhang, Federal Reserve Bank of Philadelphia Presenter: Leslie Shen, Federal Reserve Bank of Boston [Slides] |
| 3:10 p.m. – 3:20 p.m. CT |
Break |
| 3:20 p.m. – 4:10 p.m. CT |
Employer Credit Checks: Poverty Traps versus Matching Efficiency [Paper]Dean Corbae, University of Wisconsin, Madison; Andrew Glover, Federal Reserve Bank of Kansas City Presenter: Andrew Glover, Federal Reserve Bank of Kansas City [Slides] |
| 4:10 p.m. – 5:00 p.m. CT |
Minimum Wage Increases and Vacancies [Paper]Marianna Kudlyak, Federal Reserve Bank of San Francisco; Murat Tasci, Federal Reserve Bank of Cleveland; Didem Tüzemen, Federal Reserve Bank of Kansas City Presenter: Didem Tüzemen, Federal Reserve Bank of Kansas City [Slides] |
| 5:00 p.m. – 5:05 p.m. CT |
Closing remarksAndrea Raffo, Federal Reserve Bank of Minneapolis |
| 5:05 p.m. – 6:15 p.m. CT |
Networking and social hour |
Day-ahead Advisory Board Meeting
The Institute Advisory Board will hold its annual meeting on Wednesday, November 16, in person at the Federal Reserve Bank of Minneapolis. This event is for advisory board members and Institute leadership.
Mentoring Conference
The mentoring conference will be held Friday, November 18, in person at the Federal Reserve Bank of Minneapolis. This event is an opportunity to provide constructive feedback and networking opportunities to scholars up to 10 years post-Ph.D. As such, attendance will be by invitation only, and the event will not be recorded or posted later. We encourage you to visit participants’ web pages to engage with their scholarship.
Mentoring Conference Agenda
Friday, November 18, 2022 |
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| 8:00 a.m. – 8:45 a.m. CT |
Mentoring breakfast |
| 8:45 a.m. – 8:50 a.m. CT |
Opening remarksAlessandra Fogli, Federal Reserve Bank of Minneapolis |
| 8:50 a.m. – 10:00 a.m. CT |
Who Are the Credit Revolvers? An Empirical and Theoretical InvestigationKyle Dempsey, The Ohio State University; Felicia Ionescu, Federal Reserve Board; Gajendran Raveendranathan, McMaster University Presenter: Kyle Dempsey, The Ohio State University The Effects of Institutional Gaps between Marriage and CohabitationPaula Calvo, Arizona State University Presenter: Paula Calvo, Arizona State University |
| 10:00 a.m. – 10:50 a.m. CT |
A Spatial Equilibrium Model of Racial Segregation and the College GapVictoria Gregory, Federal Reserve Bank of St. Louis; Julian Kozlowski, Federal Reserve Bank of St. Louis; Hannah Rubinton, Federal Reserve Bank of St. Louis Presenter: Hannah Rubinton, Federal Reserve Bank of St. Louis |
| 10:50 a.m. – 11:00 a.m. CT |
Break |
| 11:00 a.m. – 11:50 a.m. CT |
Did Racist Labor Policies Reverse Equality Gains for Everyone?Erin Wolcott, Middlebury College Presenter: Erin Wolcott, Middlebury College |
| 11:50 a.m. – 1:00 p.m. CT |
Lunch |
| 1:00 p.m. – 1:50 p.m. CT |
Minimum Wages and Employment CompositionAshvin Gandhi, UCLA; Krista Ruffini, Georgetown University Presenter: Krista Ruffini, Georgetown University |
| 1:50 p.m. – 2:40 p.m. CT |
The Effect of Homeless Housing Sites on Local Communities: Evidence from Los Angeles CountyElior Cohen, Federal Reserve Bank of Kansas City Presenter: Elior Cohen, Federal Reserve Bank of Kansas City |
| 2:40 p.m. – 3:30 p.m. CT |
Illiquid Homeownership and the Bank of Mom and DadEirik Eylands Brandsaas, Federal Reserve Board Presenter: Eirik Eylands Brandsaas, Federal Reserve Board of Governors |
| 3:30 p.m. – 4:00 p.m. CT |
Discussion |
Event Details
Minneapolis, Minnesota