Macro/Labor Economics Conference

May 5-7, 2006

Organizers: Michael Keane and Giuseppe Moscarini

12:00 Lunch
1:20 Opening Remarks
1:30 Edward Prescott (Arizona State University), “Aggregate Labor Supply: A Statement about Preferences, Technology, and their Interaction” (with Richard Rogerson and Johanna Wallenius)
   Discussant: Randy Wright (University of Pennsylvania)
2:40 General Discussion
3:00 Break
3:30 Zvi Eckstein (Eitan Berglas School of Economics), “Job and Wage Mobility in a Search Model with Non-Compliance (Exemptions) with the Minimum Wage” (with Suqin Ge)
   Discussant: Fabien Postel-Vinay (University of Bristol)
4:40   General Discussion
5:00 Per Krusell (Princeton University), “Frictional Wage Inequality: A Puzzle?” (with Andreas Hornstein and Gianluca Violante)
   Discussant: Björn Brügemann (Yale University)
6:10 General Discussion
7:00 Dinner at Zinc
7:45 Continental Breakfast
8:30 Jean-Marc Robin (U de Paris 1 Sorbonne and University College London), “A Feasible Equilibrium Search Model of Wage Dynamics with Experience Accumulation” (with Jesper Bagger, Francoise Fontaine, and Fabien Postel-Vinay)
   Discussant: Eva Nagypal (Northwestern University)
9:40 General Discussion
10:00 Break
10:30 Dale Mortensen (Northwestern University), “Optimal Growth through Product Innovation” (with Rasmus Lentz)
   Discussant: Giuseppe Moscarini, Yale University
11:40   General Discussion
12:00 Lunch
1:30 Lars Ljungqvist (Stockholm School of Economics) and Thomas Sargent (New York University), “Indivisible Labor, Human Capital, Lotteries, and Personal Savings: Do Taxes Explain European Employment?
2:15 Richard Rogerson (Arizona State University), “Unemployment Insurance and the Theory of Labor Supply”
3:00 Break
3:30 Costas Meghir (University College London), “Wage Risk and Employment Risk over the Life Cycle” (with Hamish Low and Luigi Pistaferri)
   Discussant: Audra Bowlus (University of Western Ontario)
4:40 General Discussion
5:00 Robert Shimer (University of Chicago), “Mismatch
   Discussant: Kenneth Burdett (University of Pennsylvania)
6:10 General Discussion
7:00 Dinner at Scoozzi
8:30 Continental Breakfast
9:00 James Heckman and Flavio Cunha (University of Chicago), “Formulating, Identifying, and Estimating the Technology of Cognitive and Non-cognitive Skill Formation
   Discussant: Michael Keane (Yale University)
10:10 General Discussion
10:30 Break
11:00 Joseph Altonji and Tony Smith (Yale University), “Modeling Earnings Dynamics” (with Ivan Vidangos)
   Discussant: Luigi Pistaferri (Stanford University)
12:10 General Discussion
12:30 Lunch

List of Participants

James Albrecht
Joseph Altonji
Marnix Amand
Rudiger Bachmann
Jinhui Bai
Gadi Barlevy
Audra Bowlus
Björn Brügemann
Kenneth Burdett
Pedro Carneiro
Flavio Cunha
Zvi Eckstein
Eduardo Engel
Hanming Fang
Robert Hall
James Heckman
Kevin Kallock
Gueorgui Kambourov
Michael Keane
John Kennan
Seik Kim
Per Krusell
Fabian Lange
Donghoon Lee
Rasmus Lentz
Lars Ljungqvist
Iourii Manovskii
Costas Meghir
Rafael Melo
Guido Menzio
Dale Mortensen
Giuseppe Moscarini
Eva Nagypal
Theo Papageorgiou
Luigi Pistaferri
Fabien Postel-Vinay
Edward Prescott
Diego Restuccia
Jean-Marc Robin
Richard Rogerson
Thomas Sargent
Robert Shimer
Carolina Silva
Tony Smith
Kaj Thomsson
Ivan Vidangos
Gianluca Violante
Susan Vroman
Kenneth Wolpin
Randall Wright

Conference Frequently Asked Questions

Yale provides visitors two Wi-Fi network options:

  • YaleGuest
  • Eduroam

YaleGuest is a public, insecure wireless network available for anyone’s use, but has limited network access. Due to security reasons, certain programs and functionality may not be accessible via the YaleGuest network, e.g., Dropbox, Skype, and Box.  

If possible, we recommended you use the Eduroam wireless network.  Eduroam (education roaming) is a secure, world-wide roaming access service that allows students, researchers and staff from participating institutions to obtain Internet connectivity across campuses when visiting other participating institutions.

If your institution is a partneraccess the Eduroam network by selecting Eduroam from the Wi-Fi list on your mobile device and sign-in using your home institution’s credentials*. View Eduroam’s complete listing of U.S. participating schools; International visitors can look for institutional listings on this country page.

For additional details, please contact your institution’s IT department or search your institution’s support page.

*Credential format is typically, e.g., or

The conference will be held at the Yale School of Management (SOM), Evans Hall located at 165 Whitney Ave and is about a 20 minute walk from the Blake Hotel. The easiest route to SOM from the Blake Hotel is to go south-east on George Street and turn left on Temple St. Temaple will merge into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

The conference will be held at the Yale School of Management (SOM), Evans Hall located at 165 Whitney Ave and is about a 15 minute walk from the Omni Hotel. The easiest route to SOM from the Omni Hotel is to go north on Temple St. which merges into Whitney Avenue. SOM will be on the right side of the street across from the Peabody Museum (see map below).

For travel expense reimbursement for the 2020 Cowles GE Conference, please send the following items by Friday, July 31, 2020.

For travel expense reimbursement for the 2020 Cowles Summer Conferences, please send the following items by Friday, September 11, 2020.


  • Complete the appropriate online conference travel reimbursement form (These online forms allow you to upload any/all relevant forms and receipts which will be bundled together as one document):
  • Please upload any/all receipts for airfare (economy only)/rail and ground transportation. Receipts must be itemized and show proof of payment (i.e., if paid by credit card the receipt should show the last 4 digits of the credit card).

Note, vouchers for previously canceled or unrelated travel cannot be reimbursed if used to pay for any Cowles related travel.





Email or send original receipts, completed travel reimbursement form, and applicable international forms to:

Darlene Smith
Event & Visitor Assistant Administrator
Cowles Foundation at Yale University
30 Hillhouse Avenue
P.O. Box 208281
New Haven, CT 06520

Email questions to Darlene Smith


The conference sessions are held on the second floor in Evans Hall at the Yale School of Management. Restrooms can be found on the perimeter of the building along the sides and back of the building.

Click to enlarge

The Cowles Foundation is located in the heart of Yale’s campus at 30 Hillhouse Avenue.  Use the Yale online campus map to help find your way around.

If you need assistance with an Omni Hotel room reservation, please contact Alyson Perri, Convention Services Manager, Omni Hotels.

In cases of emergency, contact the appropriate department listed below:

You can also report a crime or send an anonymous text tip through our Bulldog Mobile (LiveSafe) app. (To register for Bulldog Mobile please visit the Yale LiveSafe page)

For addtional emergency information, visit the Yale Emergency Management website.

Yes, a shuttle bus will be arranged to drive between the hotel and conference location. Typically, an announcement will be sent out from Darlene Smith the day before with additional information.