13th joint ECB/CEPR Labour Market Workshop

Labour supply, education, low growth and low wages after the crisis

Tuesday, 12 and Wednesday, 13 December 2017
ECB main building, Room C5.02, Frankfurt am Main

Programme

* indicates the presenter

Tuesday, 12 December 2017

8:30
Registration and coffee
9:00

Welcome address

Luc Laeven, European Central Bank and CEPR

9:15

Keynote speech
“Who Benefits From Productivity Growth? The Local and Aggregate Impacts of Local TFP Shocks on Wages, Rents, and Inequality”

Enrico Moretti, University of California and CEPR

10:15
Coffee break
 

Session I – Policies, labour market institutions and firm behaviour

Chair: Wolfgang Modery, European Central Bank

10:30

Credit Shocks, Employment Protection, and Growth: Firm-level Evidence from Spain

  • Alexander Popov*, European Central Bank
  • Luc Laeven, European Central Bank and CEPR
  • Peter McAdam, European Central Bank

Discussant: Michele Pellizzari, Geneva School of Economics and Management and CEPR

11:15

Employment Protection Deregulation and Labor Shares in Advanced Economies

  • Gabriele Ciminelli*, IMF and University of Amsterdam and Tinbergen Institute
  • Davide Furceri, IMF
  • Romain Duval, IMF

Discussant: Aysegul Sahin, Federal Reserve Bank of New York

12:00
Lunch
13:30

Payroll Taxes, Firm Behavior, and Rent Sharing: Evidence from a Young Workers’ Tax Cut in Sweden

  • Benjamin Schoefer*, UC Berkeley
  • Emmanuel Saez, UC Berkeley
  • David Seim, Stockholm University and CEPR

Discussant: Kristiina Huttunen, VATT Institute for Economic Research and Aalto University

 

Session II – Skills in the labour market

Chair: Michael Ehrmann, European Central Bank

14:15

Firms’ Heterogeneity and the Rise (and Fall) of the Return to Cognitive Skills

  • Giovanni Gallipoli*, University of British Columbia
  • Michael Böhm, University of Bonn and University of British Columbia

Discussant: Matias Cortes, York University, Canada

15:00

How do Routine Tasks and Offshorability Influence Unemployment Duration and Subsequent Job Quality?

  • Rudolf Winter-Ebmer*, University Linz
  • Bernhard Schmidpeter, Institute for Social and Economic Research, University of Essex

Discussant: Michael Böhm, University of Bonn and University of British Columbia

15:45
Coffee break
 

Session III – Shocks, migration and the macroeconomy

Chair: Diego Rodriguez Palenzuela, European Central Bank

16:00

Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions

Matija Lozej*, Central Bank of Ireland

Discussant: Marius Clemens, German Institute for Economic Research

16:45

Immigration and the Macroeconomy: Some New Empirical Evidence

  • Francesco Furlanetto*, Norges Bank
  • Ørjan Robstad, Norges Bank

Discussant: Mario Izquierdo, Banco de España and Bank of Canada

18:00
Dinner

Wednesday, 13 December 2017

8:30

Registration and coffee

 

Session IV – Labour market reforms

Chair: Michele Lenza, European Central Bank

9:00

State Dependence in Labor Market Fluctuations: Evidence, Theory and Policy Implications

  • Francesco Zanetti*, University of Oxford
  • Carlo Pizzinelli, University of Oxford

Discussant: Monika Merz, University of Vienna and CEPR

9:45

Ageing workforce, pension reform, and firm’s dynamics

  • Francesco D’Amuri*, Banca d’Italia and University of Essex
  • Francesca Carta, Banca d’Italia
  • Till von Wachter, UCLA and CEPR

Discussant: Pedro Martins, Queen Mary University of London

10:30
Coffee break
 

Session V – Searching for jobs

Chair: Michele Pellizari, Geneva School of Economics and Management and CEPR

10:45

Dream Jobs

  • Giordano Mion*, London School of Economics, University of Sussex and CEPR
  • Luca David Opromolla, Banco de Portugal and CEPR
  • Gianmarco I.P. Ottaviano, London School of Economics and CEPR

Discussant: Giovanni Pica, University of Lugano

10:45

Dream Jobs

  • Giordano Mion*, London School of Economics, University of Sussex and CEPR
  • Luca David Opromolla, Banco de Portugal and CEPR
  • Gianmarco I.P. Ottaviano, London School of Economics and CEPR

Discussant: Giovanni Pica, University of Lugano

11:30

Mismatch Unemployment and the Geography of Job Search

  • Roland Rathelot*, University of Warwick and CEPR
  • Ioana E. Marinescu, University of Pennsylvania and NBER

Discussant: Nils Gottfries, Uppsala University

12:15
Buffet lunch
13:30
End of workshop

This programme may be subject to change without notice.

General information

Conference venue

European Central Bank
Main building
Sonnemannstrasse 20
60314 Frankfurt am Main

+49 69 1344 0
Fax: +49 69 1344 6000
info@ecb.europa.eu

Transfers

Participants are requested to arrange their own transfers, unless indicated otherwise.

Workshop language

English

Session timings

30 mins presenter, 10 mins discussant, 5 mins discussion

Workshop organisers

Ana Lamo, European Central Bank
Luca Onorante, European Central Bank
Michele Pellizzari, Geneva School of Economics and Management and CEPR
Diego Rodríguez Palenzuela, European Central Bank

Contact

Nicola Bowen
Directorate General Economic Developments
Business Cycle Analysis Division

Phone: +49 69 1344 6351

Email: nicola.bowen@ecb.europa.eu

Website CEPR