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Workshop

Macroeconomic Policy and Income Inequality

Workshop

Washington DC, October 22 - 23, 2015

As part of the continuing collaboration between the IMF and DFID on macroeconomic research on low income countries (LICs), the IMF will host a second workshop on “Macroeconomic Policy and Income Inequality” on Oct. 22-23, 2015. The workshop will feature research papers by prominent scholars, as well as some developed by IMF staff; the focus is on innovative research on selected macro and income distribution themes utilizing related methodological approaches. Topics include fiscal policy, resource misallocation, and structural transformation.

Thursday, October 22

9:00-9:15

Opening Remarks

9:15-10:30

Revenue Mobilization through VAT in Low-Income Countries

Marina Mendes Tavares (IMF and ITAM) with Adrian Peralta and Xuan Tam
Discussant: Yongsung Chang (University of Rochester)

10:30-10:45

Coffee break

10:45-12:00

Capital Account Liberalization and Inequality

Prakash Loungani (IMF) with Davide Furceri
Discussant: Hui He (IMF)

12:00-13:15

Lunch

13:15-14:30

Sharing High Growth Across Generations: Pensions and Demographic Transition in China

Yikai Wang (University of Oslo) with Zheng Song, Kjetil Storesletten and Fabrizio Zilibotti
Discussant: Juan Carlos Conesa (Stony Brook University)

14:30-15:45

Managers and Productivity Differences

Gustavo Ventura (Arizona State University) with Nezih Guner and Andrii Pakhomenko
Discussant: Nicolas Roys (University of Wisconsin-Madison)

15:45-16:15

Coffee Break

16:15-17:30

Skill-Biased Structural Change and the Skill-Premium

Joe Kaboski (University of Notre Dame) (with Paco Buera and Richard Rogerson)
Discussant: Roberto Samaniego (George Washington University) Slides

17:30-18:30

Cocktail

18:30-20:30

Dinner

Friday, October 23

9:15-10:30

Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China

Diego Restuccia (University of Toronto) with Tasso Adamopoulos, Loren Brandt, and Jessica Leight
Discussant: Carlos Urrutia (Instituto Tecnológico de México)

10:30-10:45

Coffee Break

10:45-12:00

Capital Obsolescence and Agricultural Productivity

Julieta Caunedo (Cornell University) with Elisa Keller
Discussant: Nan Li (IMF)

12:00-13:15

Lunch

13:15-14:30

Capital-labour Substitution, Structural Change and Growth

Markus Poschke (McGill University) with Francisco Alvarez-Cuadrado and Ngo Van Long
Discussant: Michele Boldrin (Washington University in St. Louis)

14:30-15:45

Rural-Urban Linkages, Transaction Costs, and Poverty Alleviation: The Case of Tanzania

Douglas Gollin (Oxford University) with Chris Adam and David Bevan Slides
Discussant: Remi Jedwab (George Washington University) Slides

15:45-16:15

Coffee Break

16:15-17:30

The World Income Distribution: The Effects of International Unbundling of Production

Marti Mestieri (Toulouse School of Economics) with Sergi Basco Slides
Discussant: Philip Luck (Drexel University)

17:30-17:45

Closing Remarks