System Committee on Regional Analysis System Committee on Regional Analysis

October 1 - 3, 2018
Connolly Center, 4th Floor
Federal Reserve Bank of Boston
600 Atlantic Avenue
directions & visitor information

Registration is closed for any questions please reach out to BOS.RES.Admin.Unit@bos.frb.org.

This year's annual meeting of the Federal Reserve System Committee on Regional Analysis has two parts:

  • A Day-Ahead meeting on surveys, employment, new data, and regional matters
  • A research conference with academic papers and discussants on a range of topics related to regional and spatial economics, including regional growth, labor markets, migration, local economic stimulus policies, and housing and mortgage markets.

This is closed to the media.

* indicates presenter

Agenda
Monday, October 1, 2018

1:00 p.m.

Session 1: Surveys

The role of nonscientific polling in regional intelligence gathering

Ron Wirtz, Minneapolis

The Global Business Survey Experiment

Charles Gascon, St Louis

Regional Surveys: Designing Special Questions & Exploiting Micro Data from Surveys

Jason Bram, New York

Emily Kerr, Dallas

2:00 p.m.

Session 2: Employment

Regional variation in time-to-fill and employers’ educational expectations using online job ad data

Ryo Tashiro, Philadelphia

Early benchmarks

Keith Phillips, Dallas

Nowcasting employment past the early benchmark

Thom Walstrum, Chicago

2:45 p.m.

Break - New England Room

3:00 p.m.

Session 3: New Data

A City Economic Index for Detroit

Paul Traub, Chicago

Expanded measurement agenda at the Board

John Stevens, Board

Using daily credit card spending data

Aaron Flaaen, Board

National Poverty Survey

Shannon McKay, Richmond

4:00 p.m.

Session 4: Regional Matters

Overview of Community Development Studies

Claire Kramer, New York

How Regional Units are Organized

Sonya Waddell, Richmond

Next Year’s Day Ahead

Leonard Nakamura, Philadelphia

5:00 p.m.

End of Day Ahead of meeting

Tuesday, October 2, 2018

8:00 a.m.

Continental Breakfast - New England Room

8:30 a.m.

Session 1: Long-Run Metropolitan Growth

Urban Growth Shadows

David Cuberes, Clark University

Klaus Desmet, Southern Methodist University

*Jordan Rappaport, Federal Reserve Bank of Kansas City
Download Download Paper (pdf)

Discussant:

Chris Severen, Federal Reserve Bank of Philadelphia

Fast Locations and Slowing Labor Mobility

Patrick Coate, National Council on Compensation Insurance

*Kyle Mangum, Federal Reserve Bank of Philadelphia
Download Download Paper (pdf)

Discussant:

Pia Orrenius, Federal Reserve Bank of Dallas

9:50 a.m.

Break - New England Room

10:05 a.m.

Session 2: Skill Sorting Across Metropolitan Areas

Disparate Labor Market Outcomes and Migration Constraints

Julie Hotchkiss, Federal Reserve Banks of Atlanta
Download Download Paper (pdf)

Discussant:

Osborne Jackson, Federal Reserve Bank of Boston

Skilled Workers in Cities and the Role of Industry Composition

Jeff Brinkman, Federal Reserve Bank of Philadelphia
Download Download Paper (pdf)

Discussant:

Jaison Abel, Federal Reserve Bank of New York

Skills, Migration and Urban Amenities over the Life Cycle

David Albouy, University of Illinois

*Jason Faberman, Federal Reserve Bank of Chicago

Discussant:

Peter Hinrichs, Federal Reserve Bank of Cleveland

12:05 p.m.

Lunch - New England Room

Presentation on State of the Nation’s Housing 2018 and challenges faced by low-income households

Daniel T. McCue, Harvard Joint Center for Housing Studies

1:30 p.m.

Session 3: Local Effects of Natural Disasters

The Local Economic Impact of Natural Disasters

*Brigitte Roth Tran, Federal Reserve Board of Governors

Dan Wilson, Federal Reserve Bank of San Francisco

Discussant:

Jason Bram, Federal Reserve Bank of New York

Weathering an Unexpected Financial Shock: the Role of Cash Grants and Subsidized Loans on Household Finance and Business Growth Following a Natural Disaster

Justin Gallagher, Case Western Reserve University

*Dan Hartley, Federal Reserve Bank of Chicago
Download Download Paper (pdf)

Shawn Rohlin, Kent State University

Discussant:

John Stevens, Federal Reserve Board of Governors

2:50 p.m.

Break - New England Room

3:05 p.m.

Session 4: Government Policy to Stimulate Local Economic Activity

Rethinking Detroit

Ray Owens III, Federal Reserve Bank of Richmond

Esteban Rossi-Hansberg, Princeton University

*Pierre-Daniel Sarte, Federal Reserve Bank of Richmond
Download Download Paper (pdf)

Discussant:

Anna Tranfaglia, Federal Reserve Bank of Philadelphia

The Efficacy of Hiring Credits in Distressed Areas

Jorge Perez, Brown University

*Michael Suher, Federal Reserve Board of Governors
Download Download Paper (pdf)

Discussant:

Ann Macheras, Federal Reserve Bank of Richmond

Employer Wage Subsidy Caps and Part-Time Work

*Joel Elvery, Federal Reserve Bank of Cleveland
Download Download Paper (pdf)

C. Lockwood Reynolds, Kent State University

Shawn Rohlin, Kent State University

Discussant:

Santiago Pinto, Federal Reserve Bank of Richmond

5:05 p.m.

Reception - Harborview Dining Room – 31st Floor

Wednesday, October 3, 2018

8:00 a.m.

Continental Breakfast - New England Room

8:30 a.m.

Session 5: Housing Markets

Leaving Households Behind: Institutional Investors and the U.S. Housing Recovery

*Lauren Lambie-Hanson, Federal Reserve Bank of Philadelphia
Download Download Paper (pdf)

Wenli Li, Federal Reserve Bank of Philadelphia

Michael Slonkosky, Federal Reserve Bank of Philadelphia

Discussant:

Chris Cunningham, Federal Reserve Banks of Atlanta

The Price-Rent Ratio in the Boom: Measurement and Implications

Jaclene Begley, Fannie Mae

Lara Loewenstein, Federal Reserve Bank of Cleveland

*Paul Willen, Federal Reserve Bank of Boston

Discussant:

Don Schlagenhauf, Federal Reserve Bank of St. Louis

The Price-to-Rent Ratio: A Macroprudential Application

Sonia Gilbukh, NYU Stern School of Business

*Andy Haughwout, Federal Reserve Bank of New York
Download Download Paper (pdf)

Joe Tracy, Federal Reserve Bank of Dallas

Discussant:

Lara Loewenstein, Federal Reserve Bank of Cleveland

10:30 a.m.

Break - New England Room

10:45 a.m.

Session 6: Residential Mortgage Credit

Labor Market Effects of Credit Constraints: Evidence from a Natural Experiment

*Anil Kumar, Federal Reserve Bank of Dallas
Download Download Paper (pdf)

Che-Yuan Liang, Uppsala University

Discussant:

Dan Ringo, Federal Reserve Board of Governors

Do Mortgage Subsidies Help or Hurt Borrowers?

David Rappoport, Federal Reserve Board of Governors
Download Download Paper (pdf)

Discussant:

Ruben Hernandez-Murillo, Federal Reserve Bank of Cleveland

12:05 p.m.

Adjourn - Box Lunches Available - New England Room

up down Lodging & Dining