Adrien Auclert (Stanford University), Kurt Mitman (IIES Stockholm), Martin Schneider (Stanford University), Chris Tonetti (Stanford GSB), and Arlene Wong (Princeton University)
Macroeconomics increasingly emphasizes inequality. When heterogeneous agents interact in frictional markets, macro aggregates depend on the distribution of wealth and cannot be characterized by a representative agent. At the same time, macro shocks and policies have redistributive effects.
For the third consecutive year, this session aims to bring together researchers working on macro and inequality. We welcome theoretical work on heterogeneous agent models, empirical studies with micro data and combinations thereof. We expect to attract both macroeconomists as well as applied microeconomists working on labor economics, firm dynamics, international economics, urban economics and household finance.