Economic Research and Data

Conferences and Workshops

Frequently Requested Proceedings



For Further Conference Information

  • Research Department
  • Federal Reserve Bank of Cleveland
    P.O. Box 6387
    Cleveland, OH 44101-1387
  • t. 216-579-3111
    f. 216-579-3050

Macroeconomics Across Time and Space

May 18-19, 2007

Organizers: Jeremy Greenwood, Lee Ohanian and Peter Rupert

Sponsors: Federal Reserve Bank of Cleveland and the NBER

Conference Program

Please Note:
Conference Presenters
All travel and lodging for conference presenters must be arranged through the Bank's travel agency (Gateway Travel Management at
Limited space is available for nonpresenters to attend the conference. If you wish to attend, please contact Peter Rupert at 216-579-3131.

The inaugural meeting will take place at the Federal Reserve Bank of Cleveland on May 18 and 19, 2007.


Friday, May 18

1:00 p.m.

  1st Session  

Female Labor Force Participation

STEFANIA ALBANESI, and Claudia Olivetti, “Gender Roles and Technological Progress.”

ALESSANDRA FOGLI and Laura Veldkamp, “Nature or Nurture? Learning and Female Labor Force Dynamics.”

2:40 p.m.  

20 min break


3:00 p.m.

  2nd session  

Financial Development and Economic Development

JEREMY GREENWOOD, Juan M. Sanchez and Cheng Wang, “Financing Development: The Role of Information Costs.”

Robert M. Townsend and KENICHI UEDA, “Welfare Gains from Financial Liberalization.”

4:40 p.m.  

20 min break


5:00 p.m.

  3rd session  

More on Economic Development

Rodi Manuelli and ANANTH SESHADRI, “Neoclassical Miracles.”

5:50 p.m.  



Saturday, May 19

9:00 a.m.

  1st Session  

U.S. Economic History

Benjamin Bridgman, Shi Qi and JAMES SCHMITZ, “Does Regulation Reduce Productivity? Evidence From Regulation of the  U.S. Beet-Sugar Manufacturing Industry During the Sugar Acts, 1934-74.”

HENRY SIU, “The Fiscal Role of Conscription in the U.S. World War II Effort.”

10:40 a.m.  

20 min break


11:00 a.m.

  2nd session  

Political Economy

Matthias Doepke and MICHELE TERTILT, “Women's Liberation: What was in it for Men?”

Betsy Caucutt, THOMAS COOLEY, and Nezih Guner, “The Farm, the City and the Emergence of Social Security.”

12:40 - 2:00 p.m.    



2:00 p.m.

  3rd session  

Monetary Economics

FRANCOIS VELDE, “Chronicle of a Deflation Unforetold.”

HAL COLE and Lee Ohanian, “Deflation, Real Wages, and the International Great Depression: A Productivity Puzzle.”

3:40 p.m.  



If you have any questions, feel free to contact Peter Rupert at