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

Welcome address

Luc Laeven, European Central Bank and CEPR

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

Session I – Policies, labour market institutions and firm behaviour

Chair: Wolfgang Modery, European Central Bank

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

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

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

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

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

Session III – Shocks, migration and the macroeconomy

Chair: Diego Rodriguez Palenzuela, European Central Bank

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

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

Registration and coffee

Session IV – Labour market reforms

Chair: Michele Lenza, European Central Bank

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

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

Session V – Searching for jobs

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

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

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

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