Micro 4 Macro Workshop

e61 Institute

Micro 4 Macro Workshop 2025: Economists explore how micro heterogeneity shapes macro outcomes.

Colombo House (B16) - UNSW Colleges

The e61 Institute and UNSW are holding the Micro 4 Macro Workshop in Sydney on the 15th &amp; 16th December 2025. The workshop studies the intersection of microeconomic heterogeneity and macroeconomic outcomes from an applied perspective. The workshop brings together policy and academic economists to discuss frontier research and answer macroeconomic questions using microeconomic data and methods.Confirmed Speakers:<ul><li>Pelin Akyol – e61 Institute</li><li>Shifrah Aron-Dine – University of California, Berkeley</li><li>Christopher Gibbs – University of Sydney</li><li>Margaret Jacobson – Federal Reserve Board of Governors</li><li>Rohan Kekre – University of Chicago, Booth School of Business</li><li>Chen Lian – University of California, Berkeley</li><li>Paolo Martellini – New York University, Stern School of Business</li><li>John Mondragon – Federal Reserve Bank of San Francisco</li><li>Nalini Prasad – University of New South Wales</li><li>Marta Prato – Bocconi University</li><li>Ekaterina Shabalina – Reserve Bank of Australia</li><li>Adam Solomon – New York University, Stern School of Business</li></ul>M4M Workshop Organising Committee:<ul><li>Greg Kaplan - University of Chicago</li><li>Gianni La Cava - e61 Institute</li><li>Simon Mongey - Federal Reserve Bank of Minneapolis</li><li>Petr Sedlacek - University of New South Wales</li></ul> Photography Notice Please note that photos may be taken during the event and used in future communications and promotional materials. If you would prefer not to be photographed, kindly let us know in advance by emailing andrea.way@e61.in. To be on our mailing list for future Conferences and Events, please subscribe <a href="https://e61.in/subscribe/" title="https://e61.in/subscribe/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">here</a>.

Agenda Day 1

Coffee and registration

Welcome and introductions

Paper Title: Sophisticated borrowing constraints and macroeconomic dynamics

Session 1

Morning tea

Paper Title: Beliefs, aggregate risk, and the US housing boom

Session 2

Break

Paper Title: The mortgage debt channel of monetary policy when mortgages are liquid 

Session 3

Lunch

Paper Title: Supply constraints do not explain house price and quantity growth across U.S. cities

Session 4

Afternoon tea

Paper Title: Monetary policy and labor mobility

Session 5

Paper Title: The geography of innovative firms 

Session 6

Wrap-up | Close of Day 1

Agenda Day 2

Paper Title: Capital reallocation and private firm dynamics 

Paper Title: Tax cuts, bank equity, and the making of a housing boom

Paper Title: Financial incentives and fertility: Evidence from linked administrative data on Australia’s baby bonus 

Paper Title: Catastrophic climate risk and the limits of private markets 

Paper Title: Rebuild or relocate? Recovery after natural disasters 

Paper Title: A model of U.S. monetary policy and the global financial cycle

Wrap-up | Close of Day 2

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Micro 4 Macro Workshop

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Micro 4 Macro Workshop

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