Conference on Firm Heterogeneity and the Macroeconomy

(Virtually) in Oxford, 20-21 May 2021




Welcome to the website of the 2nd Conference on Firm Heterogeneity and the Macroeconomy. Here you will find the program and information relevant to the conference.

The format of each session is the following

Announcements


To register for the conference, go here

For any further inquiries, please contact our team conferences@economics.ox.ac.uk

If you want to mingle and chat in smaller groups during the breaks, we've set up a different Zoom call with break-out rooms here


Program


All times indicate British Summer Time (BST), i.e. the current time in the UK. Please note that we start earlier on Thursday. The program is also available in pdf here.

Thursday, 20 May 2021

Friday, 21 May 2021


13:50

Introduction, registration and coffee (BYO)


12:55

Coffee (BYO)
14:00


Putty-Clay Automoation
Martinez*
Discussant: Hemous (University of Zurich)
13:00



Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier
Bilbiie*, Melitz
Discussant: Silvestrini (Erasmus University)
14:45


Product Differentiation and Oligopoly: A Network Approach
Pellegrino*
Discussant: Mejean (CREST-Ecole Polytechnique)
13:45


Optimal Monetary Policy with Heterogeneous Firms
Gonzalez*, Nuno, Thaler
Discussant: Hamano (Waseda University)

15:30


Break



14:30



Corporate Debt Maturity Matters for Monetary Policy
Jungherr, Meier, Reinelt, Schott*
Discussant: Surico (LBS)
16:00



Monopsony Makes Firms Not Only Small but also Unproductive: Why East Germany has not Converged
Bachmann, Bayer*, Stueber, Wellschmied
Discussant: Heise (NY FED)
15:15



Break



16:45



The Geography of Business Dynamism and Skill-Biased Technical Change
Rubinton*
Discussant: Schaal (CREI)
15:45


Outsourcing, Inequality and Aggregate Output
Bilal*
Discussant: Ulyssea (UCL)

17:30

Break

16:30



Income Inequality, Financial Intermediation, and Small Firms
Doerr, Drechsel*, Lee
Discussant: Moser (Columbia Business School)

17:45

Keynote by Hugo Hopenhayn (UCLA)

17:15

Break

18:45




Break





17:45




Vacancies, Employment Outcomes and Firm Growth: Evidence from Denmark
Bagger, Fontaine, Galenianos*, Trapeznikova
Discussant: Ignaszak (Goethe University Frankfurt)
19:00


Firm Cyclicality and Financial Frictions
Clymo, Rozsypal*
Discussant: Clementi (NYU Stern)
18:30


How Do Firms Build Market Share?
Argente, Fitzgerald, Moreira*, Priolo
Discussant: Chiavari (UPF)
19:45


Firm Heterogeneity, Leverage and the Aftermath of the Pandemic
Khan, Lee*
Discussant: Gnewuch (University of Bonn)
19:15


Productivity, Place and Plants: Revisting the Measurement
Schoefer, Ziv*
Discussant: Wolf (US Census Bureau)
20:30

Drinks (BYO)
GatherTown
20:00

Drinks and Adjourn
GatherTown
password: freeentry