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SED 2012 - Society for Economic Dynamics

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<strong>SED</strong> <strong>2012</strong> | <strong>Society</strong> <strong>for</strong> <strong>Economic</strong> <strong>Dynamics</strong>Saturday June 23, 13:30 - 15:3012:00 - 13:30 LUNCH BREAK Location: GrandResort HotelSectors, Structural Change, and DevelopmentLocation: Atrium B, St. Raphael HotelWhy is Measured Productivity so Low in Agriculture?Berthold Herrendorf; Todd Schoellman, Arizona State UniversityTrade, Urbanization and Capital Accumulation in a Labor Surplus EconomyEric Bond, Vanderbilt University; Raymond Riezman; University of Iowa; Ping Wang, Washington UniversityRelative Prices and Sectoral ProductivityMargarida Duarte; Diego Restuccia, University of TorontoThe Agricultural Productivity Gap in Developing CountriesDouglas Gollin, Williams CollegeTax PolicyLocation: Megaron C, St. Raphael HotelOptimal Taxation of Top Labor Incomes: A Tale of Three ElasticitiesThomas Piketty, Paris School of <strong>Economic</strong>s; Emmanuel Saez, University of Cali<strong>for</strong>nia BerkeleyStefanie Stantcheva, MITRedistributive Taxation in a Roy ModelCasey Rothschild; Wellesley College; Florian Scheuer, Stan<strong>for</strong>d UniversityEducation and Optimal Dynamic TaxationSebastian Findeisen, University of Zurich; Dominik Sachs, Universität KonstanzSelection and Incentives: Optimal Taxation with Occupational Choice and Private In<strong>for</strong>mationStefania Albanesi, Federal Reserve Bank of New YorkComplimentarities and Multiplicity in Macroeconomics Location: Megaron B, St. Raphael HotelThe Stock Market Crash of 2008 Caused the Great RecessionRoger Farmer, University of Cali<strong>for</strong>nia Los AngelesA Traffic-Jam model of RecessionsJennifer La’O, University of ChicagoWealth and VolatilityJonathan Heathcote, Federal Reserve Bank of Minneapolis; Fabrizio Perri, University of MinnesotaThe Shopping MultiplierGreg Kaplan, University of PennsylvaniaMacroeconometrics ILocation: Atrium C, St. Raphael HotelDoes Inflation Walk on Unstable Paths? Rational Sunspots and Drifting ParametersGuido Ascari, Universita degli Studi di Pavia; Paolo Bonomolo, University of PaviaHeterogeneous Consumers and Fiscal Policy ShocksBarbara Rossi; ICREA, Duke, UPF, CREI; Tatevik Sekhposyan, Bank of CanadaIncorporating theoretical restrictions into <strong>for</strong>ecasting by projection methodsRaffaella Giacomini, University College LondonNowcasting with Daily DataMarta Banbura, European Central Bank; Domenico Giannone, Université Libre de Bruxelles; Michele Modugno,ECB; Lucrezia Reichlin, London Business School22

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