Friday, Dec 11, 2026
Federal Reserve Bank of San Francisco
San Francisco, CA
Welcoming Remarks
Speaker:
Nicolas Petrosky-Nadeau, Federal Reserve Bank of San Francisco
Chair:
Lindsey Uniat, Federal Reserve Bank of San Francisco
The Churn Ladder
Authors:
Lawrence Warren, U.S. Census Bureau
David Wiczer, Federal Reserve Bank of New York
Discussant:
Ryan Michael, Federal Reserve Bank of Philadelphia
Fabian Postel-Vinay, Southern Methodist University
A Hidden Markov Model of Wages and Employment Mobility with Worker and Firm Heterogeneity: Evidence from Italian Register Data
Authors:
Long Hong, Arizona State University
Rasmus Letnz, University of Wisconsin-Madison
Jean-March Robin, Sciences-Po
Discussant:
Hie Joo Ahn, Board of Governors
Katka Borovickova, Federal Reserve Bank of Richmond
Chair:
Nicolas Petrosky-Nadeau, Federal Reserve Bank of San Francisco
How Do Intermediaries Shape Labor Market Efficiency? An Equilibrium Model and Experimental Evidence
Authors:
Daniel Haanwinckel, University of California – Los Angeles
Navdeep S. Sahni, Stanford University
Caio Waisman, Northwestern University
Discussant:
Gorkem Bostanci, University of British Columbia
Peter Kuhn, University of California – Santa Barbara
Keynote Session
Keynote Speaker:
Philipp Kircher, Irving M. Ives Professor of Industrial and Labor Relations and of Economics, Cornell University
Chair:
Sydnee Caldwell, University of California – Berkeley
Why Don’t Old Firms Do New Things?
Authors:
Nicolas Crouzet, Northwestern University
Zhiguo He, Stanford University
Victor Lyonnet, University of Michigan
Yueran Ma, University of Chicago
Discussant:
Engin Atalay, Federal Reserve Bank of Philadelphia
Huiyu Li, Federal Reserve Bank of San Francisco
Why Do Americans No Longer Work So Much More Than Non-Americans?
Authors:
Serdar Birinci, Federal Reserve Bank of St. Louis
Loukas Karabarbounis, University of Minnesota and FRB Minneapolis
Kurt See, National University of Singapore
Discussants:
Lee Ohanian, University of California – Los Angeles
Matthieu Tascherau-Dumouchel, Cornell University
Conference Organizers:
Sydnee Caldwell, Nicolas Petrosky-Nadeau, and Lindsey Uniat