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4th WB-BE Research Conference. Labor markets: Growth, Productivity and Inequality

1617 June 2016
Conferences

Information

On June 16-17, the Banco de España will host the conference “Labor Markets: Growth, Productivity and Inequality”, jointly organized with The World Bank. The goal of the conference is to bring together academics and policy makers to discuss labor markets dynamics and their relation with growth. In particular, the Conference will look for new evidence on the labor market responses to macroeconomic and policy changes after the Great Recession, and on how employment levels and wages are likely to react to different labor market programs and policies. Special attention will be given to the interplay between labor market structure and rigidities and the response to business cycle fluctuations, as well as to new evidence on the effects of demand and supply side changes on employment, wages, and inequality. How different policies are likely to affect employment quality, labor productivity and growth will be also assessed.

Presentations

16 June 2016
 
09.30 - 09.45
Registration
09.45 - 10.00
Opening remarks: Fernando Restoy, Deputy Governor (Banco de España)
Session 1: Labor Market and Macroeconomic Implications
10.00 - 11.30
Chair: Pilar L´Hotellerie-Fallois (Banco de España)

Paper 1: Earnings Inequality and the MinimumWage: Evidence from Brazil File PDF: Opens in a new window (643 KB) Paper 1: Earnings Inequality and the MinimumWage: Evidence from Brazil. Presentación File PDF: Opens in a new window (650 KB)
 Niklas Engbom and Christian A. Moser (Princeton University)

Discussant: Joana Silva (World BankJoana Silva. Presentación File PDF: Opens in a new window (91 KB)

Paper 2: On the Welfare Implications of Automation. File PDF: Opens in a new window (801 KB) Paper 2: On the Welfare Implications of Automation. Presentación File PDF: Opens in a new window (1 MB)
Maya Eden (World Bank) and Paul Gaggl (University of North Carolina at Charlotte)

Discussant: Aitor Lacuesta (Banco de España) Aitor Lacuesta. Presentación File PPSX: Opens in a new window (1 MB)

11.30 - 11.45
Coffee break
11.45 - 13.00
Keynote Speech: The Importance of Firms in Labor Market Outcomes, David Card (University of Berkeley)

The Importance of Firms in Labor Market Outcomes. Presentación File PDF: Opens in a new window (304 KB)

Chair: Pilar L'Hotellerie-Fallois (Banco de España)

13.00 - 14.00
Informal Lunch (by invitation)
Session 2: Regulations and Inefficiencies
14.00 - 16.00
Chair: Ernesto Villanueva (Banco de España)

Paper 1: Labor Regulation and Temporary Agency Workers File PDF: Opens in a new window (279 KB). Labor Regulation and Temporary Agency Workers. Figures and tables. File PDF: Opens in a new window (474 KB) Labor Regulation and Temporary Agency Workers. Presentación File PDF: Opens in a new window (1 MB).
Pablo Muñoz (University of Berkeley) and Alejandro Micco (Chilean Ministry of Finance)

Discussant: Samuel Bentolila (CEMFI) Samuel Bentolila. Presentación File PDF: Opens in a new window (309 KB)

Paper 2: Labor Earnings, Misallocation and the Returns to Education in Mexico File PDF: Opens in a new window (787 KB)
Santiago Levy (Inter-American Development Bank) and Luis Felipe López-Calva (World BankLabor Earnings, Misallocation and the Returns to Education in Mexico. Presentación File PPSX: Opens in a new window (666 KB)

Discussant: Pietro Garibaldi (Turin University) Pietro Garibaldi. Presentación File PDF: Opens in a new window (702 KB)

Paper 3: Labor Demand Management in Search Equilibrium File PDF: Opens in a new window (995 KB) Labor Demand Management in Search Equilibrium. Presentación File PDF: Opens in a new window (952 KB)
David López-Salido and Cynthia L. Doniger (Federal Reserve Board)

Discussant: Tito Cordella (World Bank) Tito Cordella. Presentación File PDF: Opens in a new window (349 KB)

16.00 - 16.15
Coffee break
Session 3: Human Capital, Skills and Productivity
16.15 - 18.15
Chair: Juan José Dolado (European University Institute)

Paper 1: The Returns to Schooling Unveiled
Ana Rute (CSIC and Barcelona GSE), Pedro Portugal, Paulo Guimaraes, and Hugo Reis (Bank of PortugalPaper 1: The Returns to Schooling Unveiled. Presentación File PDF: Opens in a new window (330 KB)

Discussant: Julián Messina (Inter-American Development BankJulián Messina. Presentación File PDF: Opens in a new window (163 KB)

Paper 2: Insurance Between Firms: The Role of Internal Labor Markets. Paper 2: Insurance Between Firms: The Role of Internal Labor Markets. Presentación File PDF: Opens in a new window (1 MB).
Giacinta Cestone (City University of London), Francis Kramarz (CREST and ENSAE), Chiara Fumagalli (Università Bocconi) and Giovanni Pica (Università di Milano)

Discussant: Felix Wellschmied (Universidad Carlos III de Madrid). Felix Wellschmied. Presentación File PDF: Opens in a new window (153 KB).

Paper 3: Unraveling Firms: Demand, Productivity and Markups Heterogeneity File PDF: Opens in a new window (1 MB). Unraveling Firms: Demand, Productivity and Markups Heterogeneity. Presentación File PDF: Opens in a new window (2 MB).
Emanuele Forlani (University of Pavia), Ralf Martin, Mirabelle Muls (Imperial College), and Giordano Mion (University of SussexEmanuele Forlani, Ralf Martin, Mirabelle Muls y Giordano Mion. Presentación File PDF: Opens in a new window (162 KB)

Discussant: Sabien Dobbelaere (Vrije Universiteit Amsterdam).

20.30 - 22.30
Dinner (by invitation)
17 June 2016
Session 4: Labor Market Responses to Globalization
09.15 - 10.45
Chair: Javier Vallés (Banco de España)

Paper 1: Trade and Labor Market Dynamics File PDF: Opens in a new window (523 KB). Trade and Labor Market Dynamics. Presentación File PDF: Opens in a new window (1 MB).
Lorenzo Caliendo (Yale University and NBER), Maximiliano Dvorkin (Federal Reserve Bank of St. Louis), and Fernando Parro (Federal Reserve Board)

Discussant: Marcelo Olarreaga (University of Geneva)

Paper 2: How Do Regional Labor Markets Adjust to Immigration? A Dynamic Analysis for Post-war Germany File PDF: Opens in a new window (971 KB) How Do Regional Labor Markets Adjust to Immigration? A Dynamic Analysis for Post-war Germany. Presentación File PDF: Opens in a new window (676 KB)
Henning Weber (Deutsche Bundesbank) and Sebastian Till Braun, Kiel Institute for the World Economy)

Discussant: Daniel Lederman (World Bank)

10.45 - 11.00
Coffee break
Session 5: Effects of Programs and Policies to Boost Quality Employment
11.00 - 12.30
Chair: Olympia Bover (Banco de España)

Paper 1: Long-term Direct and Spillover Effects of Vocational Training: Experimental Evidence from Colombia File PDF: Opens in a new window (133 KB)Long-term Direct and Spillover Effects of Vocational Training: Experimental Evidence from Colombia. Presentación File PPTX: Opens in a new window (2 MB)
Adriana Kugler (Georgetown University), Maurice Kugler (IMPAQ), Juan Saavedra (University of Southern California), and Luis Omar Herrera (Inter American Development Bank)

Discussant: Berk Ozler (World BankBerk Ozler. Presentación File PDF: Opens in a new window (394 KB)

Paper 2: Non-Contributory Health Insurance and Household Labor Supply: Evidence from Mexico File PDF: Opens in a new window (4 MB) Non-Contributory Health Insurance and Household Labor Supply: Evidence from Mexico. Presentación File PDF: Opens in a new window (4 MB)
Gabriella Conti (UCL and IFS), Rita Ginja (Uppsala University), and Renata Narita, (University of Sao Paulo)

Discussant: Yuliya Kulikova (UAB and Banco de España) Yuliya Kulikova. Presentación File PDF: Opens in a new window (159 KB)

Policy panel: New advances of research in labor markets
12.30 - 14.00
Chair: Santiago Levy (Inter-American Development Bank)
 
14.15 - 15.45
Informal Lunch (by invitation)
Special post-conference session: Wage Inequality in Latin America
16.00 - 17.45
Presentation:

Wage Inequality in Latin America: Trend and Puzzels (Joana Silva (World Bank), Julián Messina (Inter-american Development Bank) and Luis-Felipe Lopez Calva (World Bank)

Panel:

  • Chair: Pilar L'Hotellerie-Fallois (Banco de España)
  • David Card (University of Berkeley)
  • Adriana Kugler (Georgetown University)
  • Santiago Levy (Inter-American Development Bank)
  • Ángel Estrada (Banco de España)