[ { "id":"143691-21893653", "datetime_modified":"20260311T090412", "datetime_start":"20260311T143000", "datetime_end":"20260311T160000", "has_end_time":1, "date_start":"2026-03-11", "date_end":"2026-03-11", "time_start":"14:30:00", "time_end":"16:00:00", "time_zone":"America\/Detroit", "event_title":"(Artificial) Intelligence saturation and the future of work", "occurrence_title":"", "combined_title":"(Artificial) Intelligence saturation and the future of work: Ioana Marinescu, University of Pennsylvania", "event_subtitle":"Ioana Marinescu, University of Pennsylvania", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"Macroeconomic models typically treat AI as just another form of capital and predict a slowly evolving world, while computer science scaling laws applied to the whole economy predict explosive growth and the potential for a singularity-like event. Both views gloss over the asymmetric reality that intelligence capital or AI scales at computer-science speeds, whereas physical capital and labor do not. What\u2019s missing is a unified, parameter-driven framework that can nest assumptions from both economics and computer science to generate meaningful predictions of AI\u2019s wage and output impacts. Here we use a constant elasticity of substitution (CES) production function framework that separates physical and intelligence sectors. Whereas physical capabilities let us affect the world, intelligence capabilities let us do this as well: The two are complementary. Given complementarity between the two sectors, the marginal returns to intelligence saturate, no matter how fast AI scales. Because the price of AI capital is falling much faster than that of physical capital, intelligence tasks are automated first, pushing human labor toward the physical sector. The impact of automation on wages is theoretically ambiguous and can be non-monotonic in the degree of automation. A necessary condition for automation to decrease wages is that the share of employment in the intelligence sector decreases; this condition is not sufficient because automation can raise output enough to offset negative reallocation effects. In our baseline simulation, wages increase and then decrease with automation. Our interactive tool shows how parameter changes shift that trajectory. Wage decreases are steeper at high levels of automation when the outputs of the physical and intelligence sectors are more substitutable. After full automation, more AI and more physical capital increase wages, a classic prediction from standard production functions in capital and labor. Yet, when intelligence and physical are complementary, the marginal wage impact of AI capital saturates as AI grows large. More broadly, the model offers a structured way to map contrasting intuitions from economics and computer science into a shared parameter space, enabling clearer policy discussions and guiding empirical work to identify which growth and wage trajectories are plausible.", "occurrence_notes":null, "guid":"143691-21893653@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143691", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"ISR-Zwerdling Seminar in Labor Economics", "group_id":"3551", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143691_original-1.png", "image_description":"Ioana Marinescu", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143691_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143691_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143691_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143691_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143691_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143691_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143691\/qrcode.png", "occurrence_count":1, "first_occurrence":21893653 } , { "id":"143681-21893640", "datetime_modified":"20260206T110245", "datetime_start":"20260312T103000", "datetime_end":"20260312T115000", "has_end_time":1, "date_start":"2026-03-12", "date_end":"2026-03-12", "time_start":"10:30:00", "time_end":"11:50:00", "time_zone":"America\/Detroit", "event_title":"Estimation in linear models with clustered data (joint work with Mikkel Solvsten and Baiyun Jing)", "occurrence_title":"", "combined_title":"Estimation in linear models with clustered data (joint work with Mikkel Solvsten and Baiyun Jing): Anna Mikusheva, Massachusetts Institute of Technology", "event_subtitle":"Anna Mikusheva, Massachusetts Institute of Technology", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"We study linear regression models with clustered data, high-dimensional controls, and a complicated structure of exclusion restrictions. We propose a correctly centered internal IV estimator that accommodates a variety of exclusion restrictions and permits within-cluster dependence. The estimator has a simple leave-out interpretation and remains computationally tractable. We derive a central limit theorem for its quadratic form and propose a robust variance estimator. We also develop inference methods that remain valid under weak identification. Our framework extends classical dynamic panel methods to more general clustered settings. An empirical application of a large-scale fiscal intervention in rural Kenya with spatial interference illustrates the approach.", "occurrence_notes":null, "guid":"143681-21893640@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143681", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Econometrics", "group_id":"3546", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143681_original-1.png", "image_description":"Anna Mikusheva", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143681_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143681_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143681_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143681_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143681_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143681_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143681\/qrcode.png", "occurrence_count":1, "first_occurrence":21893640 } , { "id":"138635-21883526", "datetime_modified":"20260226T160621", "datetime_start":"20260312T150000", "datetime_end":"20260312T170000", "has_end_time":1, "date_start":"2026-03-12", "date_end":"2026-03-12", "time_start":"15:00:00", "time_end":"17:00:00", "time_zone":"America\/Detroit", "event_title":"PPE Lecture Series: Rajiv Sethi (Barnard College, Columbia University)", "occurrence_title":"", "combined_title":"PPE Lecture Series: Rajiv Sethi (Barnard College, Columbia University)", "event_subtitle":"", "event_type":"Lecture \/ Discussion", "event_type_id":"13", "description":"Title:\n\"The Interpretation of Signals\"\n\nAbstract: \nWe live in a sea of signals. Words and phrases, emoticons and emojis, pronouns in bios, tattoos and piercings, skin color and eye shape, flags and insignia, diplomas and certificates, standardized test scores, and prices in markets \u2014 these are all carriers of information demanding attention and interpretation. We attach meanings to these messages, and they shape our actions in ways large and small. This lecture is motivated by the conviction that something useful can be said about economic and social life if one examines signals \u2014 despite their bewildering variety and complexity \u2014 from a unified perspective, with a focus on statistical inference and strategic incentives.\n\nRajiv Sethi is a Professor of Economics at Barnard College, Columbia University and an External Professor at the Santa Fe Institute. He is a 2025-26 fellow at the Center for Advanced Study in the Behavioral Sciences (CASBS) at Stanford University. Rajiv was a 2020-21 Joy Foundation Fellow at the Harvard Radcliffe Institute, and a 2008-09 Richard B. Fisher Member at the Institute for Advanced Study in Princeton. Professor Sethi has served on the editorial boards of several journals, including the American Economic Review, and is a founding associate editor of Collective Intelligence.\n\n His current research deals with information and beliefs.\n\nIn collaboration with Brendan O\u2019Flaherty, he has examined the manner in which stereotypes affect interactions among strangers, especially in relation to crime and the criminal justice system. These include interactions between victims and offenders, officers and suspects, prosecutors and witnesses, and judges and defendants. Their book, Shadows of Doubt: Stereotypes, Crime, and the Pursuit of Justice was published by Harvard University Press in 2019.\n\nWith Muhamet Yildiz, he has explored communication among individuals who consider each other to have valuable information, but also believe that others are biased to different degrees in the manner in which they process information. In deciding where to seek information, therefore, people face a trade-off between sources that are well-informed (in the sense of having precise information about the world) and those that are well-understood (in the sense of having transparent biases). In previous work they have examined public disagreement and private information flows, and in current work are exploring the implications of correlated biases within social groups.\n\nRajiv is a contributor to CORE (Curriculum Open-Access Resources for Economics), an initiative aimed at the production of high-quality resources for the teaching of economics, distributed free of charge worldwide under a Creative Commons license.", "occurrence_notes":"Amphitheater is located on the 4th Floor.", "guid":"138635-21883526@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/138635", "building_id":"1000172", "building_name":"Rackham Graduate School (Horace H.)", "building_official_id":1000172, "campus_maps_id":"71", "campus_maps_link_path":"horace-h-rackham-school-of-graduate-studies", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/horace-h-rackham-school-of-graduate-studies", "room":"Amphitheater", "location_name":"Rackham Graduate School (Horace H.)", 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Dynamics within elite families and between families and professionals have far-reaching consequences for the distribution of elite wealth and subsequent patterns of inequality.\n\nDoron Shiffer-Sebba researches the intersection of extended families and economic inequality. He focuses on 1) elite wealthy families and how they organize their wealth; 2) the role of extended families in economic inequality in the broader U.S. population; and 3) developing novel computational methods to analyze how people use their bodies in social interaction. In doing so, Doron employs a wide array of methodological perspectives -- ethnographic, quantitative, and computational. Doron is currently working on an ethnographic book manuscript that exposes the structural forces that keep economic elites wealthy and thus sustaining inequality. Before joining Northwestern's sociology department, Doron completed his PhD at the University of Pennsylvania and served as a Postdoctoral Fellow at the Institute for Policy Research at Northwestern.", "occurrence_notes":null, "guid":"146575-21899304@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/146575", "building_id":"1000145", "building_name":"Institute For Social Research", "building_official_id":1000145, "campus_maps_id":"76", "campus_maps_link_path":"institute-for-social-research", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/institute-for-social-research", "room":"1430", "location_name":"Institute For Social Research", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"https:\/\/inequality.umich.edu\/the-family-office-wealth-elite\/", "links":[ { "type":"registration", "url":"https:\/\/inequality.umich.edu\/the-family-office-wealth-elite\/", "title":"RSVP to save your seat" } ], "sponsors":[ { "group_name":"Stone Center for Inequality Dynamics (CID)", "group_id":"4866", "website":"" }, { "group_name":"Institute for Social Research", "group_id":"3285", "website":"http:\/\/isr.umich.edu" }, { "group_name":"Survey Research Center", "group_id":"5063", "website":"https:\/\/src.isr.umich.edu\/" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "image_description":"Doron Shiffer-Seba stands outside as he poses for the camera smiling", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/03\/event_146575_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/03\/event_146575_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/146575\/qrcode.png", "occurrence_count":1, "first_occurrence":21899304 } , { "id":"143298-21892654", "datetime_modified":"20260126T103317", "datetime_start":"20260324T113000", "datetime_end":"20260324T125000", "has_end_time":1, "date_start":"2026-03-24", "date_end":"2026-03-24", "time_start":"11:30:00", "time_end":"12:50:00", "time_zone":"America\/Detroit", "event_title":"Sticky Discount Rates", "occurrence_title":"", "combined_title":"Sticky Discount Rates: Kilian Huber, The University of Chicago Booth School of Business", "event_subtitle":"Kilian Huber, The University of Chicago Booth School of Business", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"In standard models, expected inflation on its own does not affect the real investment decisions of firms, unless the real cost of capital or investment opportunities also change. We highlight a new mechanism, which implies that this inflation neutrality breaks down when firms\u2019 discount rates (which determine the nominal marginal product of capital) are sticky with respect to expected inflation. Sticky discount rates generate theoretical predictions that are consistent with stylized empirical facts but distinct from the New Keynesian textbook and other standard models: increases in expected inflation directly raise real investment; demand shocks generate investment consumption comovement; and the sensitivity of investment to real interest rates is low. Sticky discount rates imply monetary non-neutrality, even when all other prices are flexible. In the New Keynesian optimal monetary policy problem, the central bank steers long-run inflation expectations, even in response to temporary shocks.", "occurrence_notes":null, "guid":"143298-21892654@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143298", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Michael Beauregard Seminar in Macroeconomics", "group_id":"3552", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "image_description":"Kilian Huber", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143298_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143298_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143298\/qrcode.png", "occurrence_count":1, "first_occurrence":21892654 } , { "id":"143379-21892967", "datetime_modified":"20260128T081827", "datetime_start":"20260324T130000", "datetime_end":"20260324T142000", "has_end_time":1, "date_start":"2026-03-24", "date_end":"2026-03-24", "time_start":"13:00:00", "time_end":"14:20:00", "time_zone":"America\/Detroit", "event_title":"Freemium Model for Information Provision", "occurrence_title":"", "combined_title":"Freemium Model for Information Provision: Igal Milchtaich, Bar-Ilan University", "event_subtitle":"Igal Milchtaich, Bar-Ilan University", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"The paper explores a theoretical freemium model for the sale of information, drawing on mathematical tools used in the study of repeated zero-sum games and Bayesian persuasion. Unlike in standard persuasion models, the information seller (IS) is not affected by actions taken by the information buyer (IB), and is concerned solely with maximizing the revenue from selling information to the IB. Offering some information for free may increase the IB\u2019s willingness to pay for additional information. The information that the IB seeks is modeled as information about the state of the world. Initially, the IB only knows the prior distribution over possible state. The IS supplies both free and paid information through signals whose state\u2011dependent distributions determine the IB\u2019s posterior via Bayes\u2019 rule. The IB\u2019s utility is a function of the posterior. An optimal free signal is one that maximizes the IS\u2019s expected revenue from the subsequent paid signal. That revenue is equal to the IB\u2019s expected gain in utility from the posterior induced by the free signal to the one induced by the paid signal. The paper characterizes the optimal free and paid signals and derives a formula for the maximal revenue in terms of the IB\u2019s utility function. It shows that any revenue gain for the IS from providing free information is accompanied by an equally large or larger direct loss to the IB, implying that free information is never socially beneficial. Whether or not free information can increase the IS\u2019s revenue depends on the form of the IB\u2019s utility function. In the two-state case, the utility functions that allow such gains are fully characterized. In the general case, only necessary conditions are obtained. In particular, if the IB\u2019s utility function is convex, the IS can never profit from providing free information. This occurs, for example, when the IB uses the information to solve a decision problem. By contrast, when the IB is engaged in strategic interaction with a third party, the IS may benefit from providing free information. The paper presents a game\u2011theoretic example illustrating this possibility.", "occurrence_notes":null, "guid":"143379-21892967@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143379", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Economic Theory", "group_id":"3555", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143379_original-1.png", "image_description":"Igal Milchtaich", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143379_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143379_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143379_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143379_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143379_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143379_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143379\/qrcode.png", "occurrence_count":1, "first_occurrence":21892967 } , { "id":"146155-21898601", "datetime_modified":"20260303T163836", "datetime_start":"20260324T130000", "datetime_end":"20260324T140000", "has_end_time":1, "date_start":"2026-03-24", "date_end":"2026-03-24", "time_start":"13:00:00", "time_end":"14:00:00", "time_zone":"America\/Detroit", "event_title":"SRC Seminar Series Presents: Pricing Job Amenities: A Practitioner's Manual", "occurrence_title":"", "combined_title":"SRC Seminar Series Presents: Pricing Job Amenities: A Practitioner's Manual: Alex Bell, Assistant Professor, Economics Department, Georgia State University\u2019s Andrew Young School of Policy Studies", "event_subtitle":"Alex Bell, Assistant Professor, Economics Department, Georgia State University\u2019s Andrew Young School of Policy Studies", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"https:\/\/umich.zoom.us\/s\/96736010964\nMeeting ID: 967 3601 0964\nPasscode: 685364\n\nAbstract: This paper presents a simple estimator for pricing job amenities in the presence of unobserved worker ability. First described in Bell (2020) and Bell et al. (2024), the approach treats ability as a structured residual that jointly shapes access to both pay and non-pay job attributes. Job choice is assumed to be governed by a single vertical job-quality index, and, conditional on this index, an observed proxy for worker ability serves as an \u201canti-instrument\u201d for recovering amenity prices. Identification hinges on a conditional independence assumption: if pay, amenities, and true ability were observed, the anti-instrument would be redundant. I demonstrate that this approach generates amenity price estimates in line with experimental evidence from Mas and Pallais (2017), illustrating how observational data can replicate gold-standard experimental insights when first-order differences in workers\u2019 offer sets are allowed to translate into better jobs not only in terms of pay, but also along non-pay dimensions. The talk will also discuss how these ideas shed new light on patterns observed in major survey datasets, including how the PSID can be used to study the role of job choice primitives in intergenerational economic mobility.\n\nBio: Alex Bell is an Assistant Professor in the Economics Department at Georgia State University\u2019s Andrew Young School of Policy Studies. His research, grounded in labor economics, focuses on inequality and innovation, with methodological contributions to the study of compensating differentials. 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With $25,000 in prize money on the line, this year\u2019s competition promises bold ideas, thoughtful debate, and meaningful connections with real estate leaders. \r\n\r\nRegister your team below, and be sure to attend the FORE Competition Launch on March 25.\r\n\r\nImportant Dates & Things to Know:\r\n- Competition Launch: Wednesday, March 25, 2026 (virtual)\r\n- Applications Close: Thursday, March 26, 2026, at 12:00 AM EST\r\n- Final Pitches: Wednesday, April 8, 2026 (in-person at the Ross School of Business)\r\n- Team Requirements:\r\n-> Teams of 3\u20135 University of Michigan students\r\n-> Undergraduate and graduate students welcome\r\n-> Your team CAN BE a mix of undergraduate students and graduate students\r\n-> Each team must include at least one member representing investment, design & development\r\n- Prizes: $25,000 total prize pool \u2014 register to win your share!\r\n\r\nInterested in participating but don\u2019t yet have a team? No problem, Weiser\u2019s here to assist! Complete the Interest Form found on the Weiser website, and the Weiser Center for Real Estate will help connect you with fellow students to ensure you find a team and are ready to compete.\r\n\r\nReady to register yourself and your teammates? Complete the Registration Form found on the Weiser website to let the Weiser Center know you\u2019re in and officially join the competition.", "occurrence_notes":null, "guid":"143961-21894326@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143961", "building_id":"", "building_name":"Off Campus Location", "building_official_id":null, "campus_maps_id":"1", "campus_maps_link_path":"", "campus_maps_link":"", "room":"Zoom info to be distributed upon registration", "location_name":"Virtual", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"https:\/\/studyrealestate.umich.edu\/future-of-real-estate-competition-2026\/", "links":[ { "type":"other", "url":"https:\/\/studyrealestate.umich.edu\/future-of-real-estate-competition-2026\/", "title":"Visit our Website for More Information" }, { "type":"registration", "url":"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSeMyxH1Fmk6danbR_BgJ-S4ARxePXJ6M9EdMFhxM0kvaktOyA\/viewform?usp=sharing&ouid=103261741481198407835", "title":"Interest Form" }, { "type":"registration", "url":"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSe5spGjn2gL5jDoUps5Kkmg-A2z1wd0SHcB8eM2Oz5ME3EwQw\/viewform?usp=sharing&ouid=103261741481198407835", "title":"Registration Form" } ], "sponsors":[ { "group_name":"Weiser Center for Real Estate", "group_id":"4673", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143961_original-1.png", "image_description":"Event Launch Future of Real Estate Competition 2026: Strategic Shift - The CRE Turnaround Challenge coming Wednesday, March 25 | Time TBD", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143961_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143961_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143961_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143961_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143961_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143961_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143961\/qrcode.png", "occurrence_count":1, "first_occurrence":21894326 } , { "id":"143682-21893641", "datetime_modified":"20260320T094815", "datetime_start":"20260326T103000", "datetime_end":"20260326T115000", "has_end_time":1, "date_start":"2026-03-26", "date_end":"2026-03-26", "time_start":"10:30:00", "time_end":"11:50:00", "time_zone":"America\/Detroit", "event_title":"Dynamic Local Average Treatment Effects in Time Series", "occurrence_title":"", "combined_title":"Dynamic Local Average Treatment Effects in Time Series: Alessandro Casini, University of Rome Tor Vergata", "event_subtitle":"Alessandro Casini, University of Rome Tor Vergata", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"This paper discusses identification, estimation, and inference on dynamic local average treatment effects (LATEs) in instrumental variables (IVs) settings. 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We also develop new identification-robust inference procedures that focus on the most strongly-identified subsample, offering efficiency gains relative to existing full sample identification-robust inference when iden- tification fails over parts of the sample. Finally, we apply our results to heteroskedasticity-based identification of monetary policy effects. We find that about 75% of observations are compliers (i.e., cases where the variance of the policy shifts up on FOMC announcement days), and we fail to reject the exclusion restriction. Estimation using the most strongly-identified subsample helps reconcile conflicting IV and GMM estimates in the literature.", "occurrence_notes":null, "guid":"143682-21893641@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143682", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Econometrics", "group_id":"3546", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143682_original-1.png", "image_description":"Alessandro Casini", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143682_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143682_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143682_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143682_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143682_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143682_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143682\/qrcode.png", "occurrence_count":1, "first_occurrence":21893641 } , { "id":"143573-21893407", "datetime_modified":"20260323T103650", "datetime_start":"20260326T130000", "datetime_end":"20260326T142000", "has_end_time":1, "date_start":"2026-03-26", "date_end":"2026-03-26", "time_start":"13:00:00", "time_end":"14:20:00", "time_zone":"America\/Detroit", "event_title":"Residential Air Purifiers and the Value of Clean Air", "occurrence_title":"", "combined_title":"Residential Air Purifiers and the Value of Clean Air: Teevrat Garg, University of California, San Diego", "event_subtitle":"Teevrat Garg, University of California, San Diego", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"In this paper, we show that standard approaches for valuing non-market amenities like clean air through defensive expenditures are methodologically fragile. 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Our findings provide causal evidence on coordination in innovation and illustrate how information frictions shape technology diffusion.\n\nWe present a large-scale field experiment on the geography of strategic complementarities in firms\u2019 AI investment. Our experiment was embedded in the ECB\u2019s Survey on the Access to Finance of Enterprises (SAFE), covering around 3,300 firms across twelve European countries. We elicited firms\u2019 beliefs about the share of domestic and foreign competitors investing in AI, and randomly provided half of the sample with accurate information about both groups. Firms substantially underestimated competitors\u2019 current AI investment, especially for foreign competitors, and updated both domestic and foreign beliefs in response to the information treatment. The information also increased firms\u2019 own expected AI investment rate. 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This paper analyzes the extent to which these differences reflect causal effects of marriage versus selection. We develop a dynamic Roy model that allows for selection into and out of marriage, with cognitive skill evolving according to a dynamic latent factor model. A long panel of marriage decisions permits identification of unobserved heterogeneity jointly affecting both marriage and skill development. Model estimates indicate that marriage improves skill development. 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The period features the advent and rapid di!usion of a major new seeding technique, zero tillage, whose use expanded from zero percent of cultivated land in 1986 to 60 percent by 2006. We document substantial technology adoption, land consolidation, and productivity growth, facilitated by an economic environment characterized by relatively high allocative e\u201dciency, whereby more productive farms operate at a larger scale. Empirically, we find that adopting zero-tillage raises farm-level productivity substantially. Through quantitative analysis, we estimate that zero-tillage adoption accounts for roughly 30 percent of the near doubling of agricultural productivity over the period and 45\u201370 percent of the observed structural transformation. We show that high allocative e\u201dciency was crucial for the widespread adoption of technology, which would have nearly disappeared with correlated distortions commonly documented in developing countries. 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Which auction formats provide better information about the value distribution? We show that among a large class of standard auctions (e.g., kth-price, all-pay), the first-price auction is (Lehmann) most informative. Thus, while all these auction formats yield the same expected static revenue, the first-price auction is preferred by a seller who can use today\u2019s bid observations to optimize revenue tomorrow.", "occurrence_notes":null, "guid":"143382-21892969@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143382", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Economic Theory", "group_id":"3555", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "image_description":"Mira Frick", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143382_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143382_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143382\/qrcode.png", "occurrence_count":1, "first_occurrence":21892969 } , { "id":"147102-21900380", "datetime_modified":"20260326T142505", "datetime_start":"20260407T130000", "datetime_end":"20260407T140000", "has_end_time":1, "date_start":"2026-04-07", "date_end":"2026-04-07", "time_start":"13:00:00", "time_end":"14:00:00", "time_zone":"America\/Detroit", "event_title":"SRC Seminar Series Presents: Inherited Inequality and Obligation Within Families", "occurrence_title":"", "combined_title":"SRC Seminar Series Presents: Inherited Inequality and Obligation Within Families: Adriana Reyes, Assistant Professor of Public Policy and Sociology at Cornell University", "event_subtitle":"Adriana Reyes, Assistant Professor of Public Policy and Sociology at Cornell University", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"Abstract\nInheritances represent a major channel of economic transmission across generations, shaping both inequality between families and disparities within them. Yet much research on stratification treats families as unified actors that collectively pass resources to the next generation, overlooking how parents actually allocate resources among their children. Using family fixed\u2011effects models and data from the Health and Retirement Study, we examine how inter vivos transfers and bequests are distributed within families. We find that children who receive more financial support during their parents\u2019 lifetimes are also more likely to receive a bequest and a larger one. Rather than compensating for earlier imbalances, bequests appear to amplify existing inequalities among siblings. These findings highlight key mechanisms in the reproduction of advantage and offer insights for policies seeking to reduce wealth inequality across generations. \n\nBiography\nAdriana Reyes is an Assistant Professor of Public Policy and Sociology at Cornell University. Her research examines family demography and health disparities across the life course, with a focus on how family ties serve as social capital and how they reinforce inequalities across race and class. Her work explores the ways intergenerational relationships, living arrangements, and caregiving expectations shape individuals\u2019 social and economic well\u2011being. 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"event_subtitle":"Alexander Klein, University of Sussex", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"This paper investigates the relationship between transport infrastructure and agricultural productivity in the Antebellum United States (1840\u20131860). Leveraging a novel dataset of county-pair transport costs, we utilize time-, region-, and direction-specific freight rates and newly digitized road network to understand how declining transit costs reshaped the agrarian landscape and agricultural production. These data allow for a rigorous evaluation of what we can call an antebellum \"place-based\" transport policies and their heterogeneous effects on antebellum regions. We use minimum spanning tree approach to construct a plausibly exogenous transportation network which is used to assess the causal impact of transportation infrastructure on antebellum agriculture.\n \nOur first set of findings reveal that the impact of canal construction was not uniform, showing considerable variation across different geographic regions. Notably, in the Middle Atlantic, the introduction of canals catalyzed a significant reallocation of resources away from wheat production, signalling a shift in comparative advantage. While canals laid the groundwork, railroads exerted the most transformative influence during the 1850s. In the final decade preceding the Civil War, the expansion of the rail network drove a broad reallocation away from traditional grain production, as improved connectivity facilitated deeper market integration and specialization. By accounting for the nuances of freight directionality and regional specificity, this study provides new evidence on how infrastructure-led cost reductions altered land use and productivity patterns in the nineteenth-century U.S. economy.", "occurrence_notes":null, "guid":"143570-21893403@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143570", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Economic History", "group_id":"3549", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143570_original-1.png", "image_description":"Alexander Klein", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143570_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143570_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143570_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143570_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143570_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143570_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143570\/qrcode.png", "occurrence_count":1, "first_occurrence":21893403 } , { "id":"143696-21893658", "datetime_modified":"20260330T081439", "datetime_start":"20260408T143000", "datetime_end":"20260408T155000", "has_end_time":1, "date_start":"2026-04-08", "date_end":"2026-04-08", "time_start":"14:30:00", "time_end":"15:50:00", "time_zone":"America\/Detroit", "event_title":"Understanding Criminal Record Penalties in the Labor Market", "occurrence_title":"", "combined_title":"Understanding Criminal Record Penalties in the Labor Market: Evan Rose, University of Chicago", "event_subtitle":"Evan Rose, University of Chicago", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"This paper studies the earnings and employment penalties associated with criminal records using linked data on criminal justice interactions, state laws on formal labor market restrictions, and wages and employment. We estimate fixed effects models that decompose earnings into a worker's portable earnings potential and firm pay premia, both of which are allowed to shift after a worker acquires a record. We find that sorting into lower-paying firms explains a small share of the record penalty. Legal record restrictions are not concentrated in higher-paying jobs, meaning that sorting away from them contributes little to the earnings gap. Conditional on earnings potential, however, workers with a record are substantially less likely to be employed. The results suggest that criminal record penalties operate primarily by reducing employment and lowering earnings potential at every firm rather than increasing sorting into lower-paying jobs, although the bulk of the gaps can be attributed to differences that existed prior to acquiring a record.", "occurrence_notes":null, "guid":"143696-21893658@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143696", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"ISR-Zwerdling Seminar in Labor Economics", "group_id":"3551", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "image_description":"Evan Rose", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143696_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143696_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143696\/qrcode.png", "occurrence_count":1, "first_occurrence":21893658 } , { "id":"147203-21900522", "datetime_modified":"20260330T111931", "datetime_start":"20260409T103000", "datetime_end":"20260409T120000", "has_end_time":1, "date_start":"2026-04-09", "date_end":"2026-04-09", "time_start":"10:30:00", "time_end":"12:00:00", "time_zone":"America\/Detroit", "event_title":"\u201cPower, Purpose and the Color of Wealth: An Economic Vision that Centers People and the Environments in Which We Live\u201d", "occurrence_title":"", "combined_title":"\u201cPower, Purpose and the Color of Wealth: An Economic Vision that Centers People and the Environments in Which We Live\u201d: Stone Center Speaker Series: Darrick Hamilton", "event_subtitle":"Stone Center Speaker Series: Darrick Hamilton", "event_type":"Lecture \/ Discussion", "event_type_id":"13", "description":"Join the Stone Center for Inequality Dynamics as we host Darrick Hamilton\u200b, University and Henry Cohen Professor of Economics and Urban Policy at The New School. Darrick will present, \u201cPower, Purpose and the Color of Wealth: An Economic Vision that Centers People and the Environments in Which We Live.\u201d\n\nAbstract: \u201cThis talk will set the stage with a brief presentation of the Color of Wealth series, an exploration of wealth and economic well-being across seven metropolitan areas: Baltimore, Boston, Chicago, Los Angeles, Miami, Tulsa, Washington DC. disaggregated by race and ancestry.\n\nWith this backdrop, the talk will explore the manner in which asymmetries in power and economic agency, especially by race and other identity groupings, link to political economic structures and more macro economic deprivations that plague our economy. Ultimately, this talk will explore the concepts of purpose, power, paradigm and solidarity with a purpose of defining and determining an alternative economic vision for a human rights economy as the point and mechanism for a well-functioning economy and multiracial democracy.\u201d\n\nDarrick Hamilton is the University Professor and Henry Cohen Professor of Economics and Urban Policy at The New School, where he also founded and directs the Institute on Race, Power & Political Economy. He additionally serves as Chief Economist at the AFL-CIO. Widely regarded as one of the nation\u2019s foremost public intellectuals, Professor Hamilton reimagines how an economy should work\u2014identifying bold opportunities to invest in our human capacity and fostering collaborations that advance economic inclusion, social equity, and civic engagement in the United States and around the world.\n\nA pioneer in the economics subfield of identity group stratification, Professor Hamilton\u2019s research has been featured in The New York Times, Mother Jones, Bloomberg Businessweek, and The Wall Street Journal. He has developed and advised on transformative policy proposals\u2014such as baby bonds, guaranteed income, and a federal job guarantee\u2014that have inspired legislation and shifted billions of dollars toward building a fair and inclusive economy.\n\nIn 2025, Professor Hamilton was named the Katherine Hampson Bessell Fellow at the Harvard Radcliffe Institute and was recognized as a Freedom Scholar by the Marguerite Casey Foundation in its 2020 inaugural class. He has advised national and global leaders on economic policy, including the U.S. Joint Economic Committee and the Senate Banking Committee and also serves on the board of directors of the National Bureau of Economic Research (NBER).\n\nBorn and raised in Brooklyn\u2019s Bedford-Stuyvesant neighborhood, Professor Hamilton earned his bachelor\u2019s degree from Oberlin College and his Ph.D. in Economics from the University of North Carolina at Chapel Hill.\n\nPlease RSVP to save your seat.", "occurrence_notes":null, "guid":"147203-21900522@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/147203", "building_id":"1000145", "building_name":"Institute For Social Research", "building_official_id":1000145, "campus_maps_id":"76", "campus_maps_link_path":"institute-for-social-research", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/institute-for-social-research", "room":"6050", "location_name":"Institute For Social Research", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"https:\/\/inequality.umich.edu\/darrick-hamilton-april-2026\/", "links":[ { "type":"registration", "url":"https:\/\/inequality.umich.edu\/darrick-hamilton-april-2026\/", "title":"RSVP to save your seat" } ], "sponsors":[ { "group_name":"Stone Center for Inequality Dynamics (CID)", "group_id":"4866", "website":"" }, { "group_name":"Institute for Social Research", "group_id":"3285", "website":"http:\/\/isr.umich.edu" }, { "group_name":"Survey Research Center", "group_id":"5063", "website":"https:\/\/src.isr.umich.edu\/" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/03\/event_147203_original-1.png", "image_description":"Stone Center for Inequality Dynamics CID Speaker Series talk by Darrick Hamilton on April 9, 10:30 a.m.\u201312 noon, at ISR 6050.", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/03\/event_147203_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/03\/event_147203_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/03\/event_147203_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/03\/event_147203_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/03\/event_147203_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/03\/event_147203_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/147203\/qrcode.png", "occurrence_count":1, "first_occurrence":21900522 } , { "id":"143683-21893642", "datetime_modified":"20260401T090119", "datetime_start":"20260409T103000", "datetime_end":"20260409T115000", "has_end_time":1, "date_start":"2026-04-09", "date_end":"2026-04-09", "time_start":"10:30:00", "time_end":"11:50:00", "time_zone":"America\/Detroit", "event_title":"Improved Inference for Nonparametric Regression (joint with G.Cavaliere, M. Nielsen, and E. Zanelli)", "occurrence_title":"", "combined_title":"Improved Inference for Nonparametric Regression (joint with G.Cavaliere, M. Nielsen, and E. Zanelli): Silvia Goncales, McGill University", "event_subtitle":"Silvia Goncales, McGill University", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"Nonparametric regression estimators, including those employed in regression-discontinuity designs (RDD), are central to the economist\u2019s toolbox. Their application, however, is complicated by the presence of asymptotic bias, which undermines coverage accuracy of conventional confidence intervals. Extant solutions to the problem include debiasing methods, such as the widely applied robust bias-corrected (RBC) confidence interval of Calonico et al. (2014, 2018). We show that this interval is equivalent to a prepivoted interval based on an invalid residualbased bootstrap method. Specifically, prepivoting performs an implicit bias correction while adjusting the nonparametric regression estimator\u2019s standard error to account for the additional uncertainty introduced by debiasing. This idea can also be applied to other bootstrap schemes, leading to new implicit bias corrections and corresponding standard error adjustments. We propose a prepivoted interval based on a bootstrap that generates observations from nonparametric regression estimates at each regressor value and show how it can be implemented as an RBCtype interval without the need for resampling. Importantly, we show that the new interval is shorter than the existing RBC interval. For example, with the Epanechnikov kernel, the length is reduced by 17%, while maintaining accurate coverage probability. This result holds irrespectively of: (a) the evaluation point being in the interior or on the boundary; (b) the use of a \u2018small\u2019 or \u2018large\u2019 bandwidths; (c) the distribution of the regressor and the error term.", "occurrence_notes":null, "guid":"143683-21893642@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143683", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Econometrics", "group_id":"3546", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143683_original-1.png", "image_description":"Silvia Goncales", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143683_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143683_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143683_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143683_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143683_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143683_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143683\/qrcode.png", "occurrence_count":1, "first_occurrence":21893642 } , { "id":"143575-21893411", "datetime_modified":"20260327T172407", "datetime_start":"20260409T130000", "datetime_end":"20260409T142000", "has_end_time":1, "date_start":"2026-04-09", "date_end":"2026-04-09", "time_start":"13:00:00", "time_end":"14:20:00", "time_zone":"America\/Detroit", "event_title":"The Drafted Nation: Economic and Political Legacies of Conscription (with Siddharth George and Kewei Zhang)", "occurrence_title":"", "combined_title":"The Drafted Nation: Economic and Political Legacies of Conscription (with Siddharth George and Kewei Zhang): Sam Bazzi, University of California, San Diego", "event_subtitle":"Sam Bazzi, University of California, San Diego", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"This paper provides the first comprehensive evidence on the multifaceted legacy of military conscription across the world. We construct a new global database of conscription policy reforms linked to hundreds of census and survey data sources. Exploiting cohort-based eligibility cutoffs, we compare individuals just eligible for service to those just exempt. On average, conscription increases men's adult socioeconomic status, driven by higher university attainment, greater geographic mobility, and the transferability of military-acquired skills. Effects are largest where the opportunity cost of service is low and reintegration into civilian life is strong. Economic gains extend to households: women who marry conscription-eligible men experience higher living standards, and their children exhibit lower mortality, despite no direct effects on women's own education or employment. Conscription also fosters interethnic marriage, national-language use, and patriotic attachment, but simultaneously increases xenophobia and gender conservatism, revealing a tradeoff between national integration and tolerance. Effects vary widely across countries depending on political institutions, development, diversity, and conscription design. Economic and sociopolitical effects are positively correlated, suggesting that nation-building is strongest where conscription delivers greater economic returns.", "occurrence_notes":null, "guid":"143575-21893411@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143575", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Economic Development Seminar", "group_id":"3557", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "image_description":"Sam Bazzi", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143575_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143575_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143575\/qrcode.png", "occurrence_count":1, "first_occurrence":21893411 } , { "id":"142986-21891908", "datetime_modified":"20260408T122831", "datetime_start":"20260410T120000", "datetime_end":"20260410T130000", "has_end_time":1, "date_start":"2026-04-10", "date_end":"2026-04-10", "time_start":"12:00:00", "time_end":"13:00:00", "time_zone":"America\/Detroit", "event_title":"CSEAS Friday Lecture Series | Incentivizing Lending to Women Entrepreneurs: Evidence from Vietnam", "occurrence_title":"", "combined_title":"CSEAS Friday Lecture Series | Incentivizing Lending to Women Entrepreneurs: Evidence from Vietnam: Markus Taussig, Rutgers University", "event_subtitle":"Markus Taussig, Rutgers University", "event_type":"Lecture \/ Discussion", "event_type_id":"13", "description":"Please note: This lecture will be held in person and virtually on Zoom. The webinar is free and open to the public, but registration is required. Once you've registered, joining information will be sent to your email. Register for the Zoom webinar at: https:\/\/myumi.ch\/9p7D9\n\n In collaboration with a leading Vietnamese commercial bank, we evaluate the impact of two types of incentives to loan officers for the recruitment of women-owned or -led small- and medium-sized enterprises (WSMEs) as new borrowing clients. The average loan size in this segment is about $20,000 USD (5x GDP per capita). 50 bank branches employing 550 lending staff are randomly assigned to one of the following treatments: (1) a monthly multi-category contest; (2) a piece-rate incentive per loan; or (3) control. The multi-category contest is inclusive in that it rewards not just the very top performing agents, but also top performers among new agents (\u201crookies\u201d) and most improved performers. We find that, overall, both interventions cause an increase in WSME lending, particularly in later periods, at largely similar magnitudes. In terms of spillovers, there may be moderate negative impacts on non-WSME lending early in the treatment period, but over time there is a significant, positive spillover on non-WSME lending. Our results have the potential to inform policies to promote (W)SME lending through optimizing loan officer incentives. More broadly, they provide some of the first experimental evidence from a high-stakes, real-world setting on whether competitive or piece rate incentives better improve the performance of high-skill workers completing uncertain tasks.\n\nMarkus Taussig\u2019s research and teaching focus on international business and strategy, with a focus on emerging economies\u2014especially those in Southeast Asia. More specifically, he studies how firm performance and behavior is influenced by weak market institutions. He also has extensive experience and expertise in the global private equity and manufacturing (especially apparel) industries and in survey design and implementation of randomized controlled trials (RCTs).\n\n*Accommodation: If there is anything we can do to make this event accessible to you, please contact us at cseas@umich.edu. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.*", "occurrence_notes":null, "guid":"142986-21891908@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/142986", "building_id":"1000165", "building_name":"Weiser Hall", "building_official_id":1000165, "campus_maps_id":"47", "campus_maps_link_path":"weiser-hall", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/weiser-hall", "room":"Room 110", "location_name":"Weiser Hall", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"https:\/\/myumi.ch\/9p7D9", "links":[ { "type":"registration", "url":"https:\/\/myumi.ch\/9p7D9", "title":"Zoom" } ], "sponsors":[ { "group_name":"Center for Southeast Asian Studies", "group_id":"1044", "website":"http:\/\/www.ii.umich.edu\/cseas" }, { "group_name":"International Institute", "group_id":"1968", "website":"http:\/\/www.ii.umich.edu" }, { "group_name":"Asian Languages and Cultures", "group_id":"3364", "website":"http:\/\/www.lsa.umich.edu\/asian" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/04\/event_142986_original-1.png", "image_description":"Event poster", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/resolve\/event_thumb\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/04\/event_142986_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/resolve\/group_thumb\/media\/attachments\/2026\/04\/event_142986_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/resolve\/group_thumb_square\/media\/attachments\/2026\/04\/event_142986_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/resolve\/group_large\/media\/attachments\/2026\/04\/event_142986_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/resolve\/group_large_lightbox\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/resolve\/event_large_crop\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/resolve\/event_list\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/resolve\/event_grid_2x\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/resolve\/event_feature_large\/media\/attachments\/2026\/04\/event_142986_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/04\/event_142986_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/142986\/qrcode.png", "occurrence_count":1, "first_occurrence":21891908 } , { "id":"143302-21892657", "datetime_modified":"20260203T093715", "datetime_start":"20260414T113000", "datetime_end":"20260414T125000", "has_end_time":1, "date_start":"2026-04-14", "date_end":"2026-04-14", "time_start":"11:30:00", "time_end":"12:50:00", "time_zone":"America\/Detroit", "event_title":"Lock-in and productive innovations: implications for firm-to-firm innovation pass-through", "occurrence_title":"", "combined_title":"Lock-in and productive innovations: implications for firm-to-firm innovation pass-through: Luc\u00eda Casal, Columbia Business School", "event_subtitle":"Luc\u00eda Casal, Columbia Business School", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"Firms innovate to improve efficiency and reduce their costs of production (productive innovations) and to increase customer dependency by reducing the substitutability of their products (lock-in innovations). In this paper, I quantitatively study the macroeconomic implications of lock-in innovations for aggregate productivity and market power. I develop a theoretical framework that allows firms to invest in lock-in innovations by reducing product substitutability, while also nesting standard macroeconomic models of productive innovations. A key prediction of the model is that productive innovations by suppliers increase customer firms\u2019 sales by lowering input costs, while lock-in innovations decrease customer firms' sales by allowing suppliers to charge higher prices for products that are harder to substitute. I use this theoretical insight to identify the nature of innovation in the data and calibrate the model to the U.S. economy. Informed by the observed changes in the response of customer firms' sales to their suppliers' innovations, I find that the incidence of lock-in innovations among high-markup firms has increased significantly in the post-2000 period. Moreover, had the incidence of lock-in innovations remained at pre-2000 levels, observed aggregate productivity would have been 3% higher, median markups would have stayed at pre-2000 levels, and markup dispersion would have been 9% lower.", "occurrence_notes":null, "guid":"143302-21892657@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143302", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Michael Beauregard Seminar in Macroeconomics", "group_id":"3552", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "image_description":"Luc\u00eda Casal", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/02\/event_143302_original-1.jpg", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/02\/event_143302_original-1.jpg" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143302\/qrcode.png", "occurrence_count":1, "first_occurrence":21892657 } , { "id":"143383-21892971", "datetime_modified":"20260406T101914", "datetime_start":"20260414T130000", "datetime_end":"20260414T142000", "has_end_time":1, "date_start":"2026-04-14", "date_end":"2026-04-14", "time_start":"13:00:00", "time_end":"14:20:00", "time_zone":"America\/Detroit", "event_title":"Screening Frontiers", "occurrence_title":"", "combined_title":"Screening Frontiers: Frank Yang, Harvard University", "event_subtitle":"Frank Yang, Harvard University", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"A principal screens an agent with an arbitrary set of allocations X. The agent\u2019s preferences over allocations are comonotonic. A subset of allocations X \u2039 \u010e X is a surplus-elasticity frontier if (i) any other allocation has a demand curve that is pointwise lower and less elastic than some allocation in X \u2039 and (ii) the allocations in X \u2039 can be ordered in terms of their demand curves such that a higher demand curve is more inelastic. We show that any surplus-elasticity frontier is an optimal menu. Moreover, if the incremental demand curves along the frontier are also ordered by their elasticities, then the frontier is optimal even among stochastic mechanisms. The result is agnostic to type distributions and redistributive welfare weights\u2014the same frontier remains optimal for a broad class of objectives. As applications, we show how these results immediately yield new insights into optimal bundling, optimal taxation, sequential screening, selling information, and regulating a data-rich monopolist.", "occurrence_notes":null, "guid":"143383-21892971@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/143383", "building_id":"1005177", "building_name":"North Quad", "building_official_id":1005177, "campus_maps_id":"553", "campus_maps_link_path":"north-quadrangle-residential-and-academic-complex", "campus_maps_link":"https:\/\/maps.studentlife.umich.edu\/building\/north-quadrangle-residential-and-academic-complex", "room":"4300", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics"], "website":"http:\/\/www.lsa.umich.edu\/econ", "links":[ { "type":"other", "url":"http:\/\/www.lsa.umich.edu\/econ", "title":null } ], "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/01\/event_143383_original-1.png", "image_description":"Frank Yang", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/01\/event_143383_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/01\/event_143383_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/01\/event_143383_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/01\/event_143383_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/01\/event_143383_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/01\/event_143383_original-1.png" }, "qr_code_url":"http:\/\/events.umich.edu\/event\/143383\/qrcode.png", "occurrence_count":1, "first_occurrence":21892971 } , { "id":"143697-21893659", "datetime_modified":"20260330T123922", "datetime_start":"20260415T143000", "datetime_end":"20260415T155000", "has_end_time":1, "date_start":"2026-04-15", "date_end":"2026-04-15", "time_start":"14:30:00", "time_end":"15:50:00", "time_zone":"America\/Detroit", "event_title":"Same Crime, Different Time: Disparities in Judicial Outcomes for DWI Offenders", "occurrence_title":"", "combined_title":"Same Crime, Different Time: Disparities in Judicial Outcomes for DWI Offenders: Emily Leslie, Brigham Young University", "event_subtitle":"Emily Leslie, Brigham Young University", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"We examine disparities in judicial outcomes among people charged with Driving While Intoxicated (DWI), a setting in which legal guilt is objectively determined by breath alcohol content (BrAC). Focusing on first-time offenders with no aggravating circumstances and BrAC above the legal threshold, we find that race, gender, and financial resources strongly predict the likelihood of incarceration and case dismissal. Defendants with greater socioeconomic advantage are more likely to access rehabilitative alternatives and avoid criminal records. 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