| Friday, September 14, 2012 |
| Welcome Dennis Lockhart, president and chief executive officer, Federal Reserve Bank of Atlanta |
| Session 1 Moderator Melinda Pitts, director of the Center for Human Capital Studies, Federal Reserve Bank of Atlanta |
"What Explains High Unemployment? The Aggregate Demand Channel"  Atif Mian, professor of economics and public policy, Princeton University Coauthor: Amir Sufi, University of Chicago Discussant: Lee Ohanian, professor of economics, University of California, Los Angeles |
| "Manufacturing Busts, Housing Booms, and Declining Employment: A Structural Explanation" Erik Hurst, V. Duane Rath Professor of Economics and the John E. Jeuck Faculty Fellow, University of Chicago Coauthors: Matt Notowidigdo, University of Chicago Booth School of Business Kerwin Charles, University of Chicago Discussant: Henry S. Farber, Hughes-Rogers Professor of Economics, Princeton University |
| "On the Importance of the Participation Margin for Labor Market Fluctuations" Presenter: Michael Elsby, professor of economics, University of Edinburgh Coauthors: Ayşegül Şahin, Federal Reserve Bank of New York Bart Hobijn, Federal Reserve Bank of San Francisco Discussant: Rob Shimer, Alvin H. Baum Professor in Economics and the College, University of Chicago |
| "The Labor Market Four Years Into the Crisis: Assessing Structural Explanations" Jesse Rothstein, associate professor of public policy and economics, University of California, Berkeley Discussant: Jason Faberman, senior economist, Federal Reserve Bank of Chicago |
| Saturday, September 15, 2012 |
| Session 2 Moderator Richard Rogerson, professor of economics and public affairs, Princeton University |
| "Uncertainty, Productivity, and Unemployment in the Great Recession" Edouard Schaal, assistant professor of economics, New York University Discussant: Eric Smith, professor and department head of economics, University of Essex |
"Measuring Economic Policy Uncertainty"  Steve Davis, William H. Abbott Professor of International Business and Economics and deputy dean for faculty, University of Chicago Coauthors: Scott R. Baker, Stanford University Nicholas Bloom, Stanford University Discussant: Sam Schulhofer-Wohl, senior economist, Federal Reserve Bank of Minneapolis |
| "Viewing Job-Seekers' Reservation Wages and Acceptance Decisions through the Lens of Search Theory" Robert Hall, Robert and Carole McNeil Joint Hoover Senior Fellow and Professor of Economics, Stanford University Discussant: Andreas Mueller, assistant professor of finance and economics, Columbia University |
| "The Trend Is the Cycle: Job Polarization and Jobless Recoveries" Nir Jaimovich, associate professor of economics, Duke University Coauthor: Henry Siu, University of British Columbia Discussant: Marianna Kudlyak, economist, Federal Reserve Bank of Richmond |
| "The Effect of Unemployment Insurance Extensions on Reemployment Wages" Johannes Schmieder, assistant professor, Boston University Coauthors: Till M. von Wachter, Columbia University Stefan Bender, Institute for Employment Research of the German Federal Employment Agency Discussant: Fatih Karahan, economist, Federal Reserve Bank of New York |
| Closing Remarks Dave Altig, executive vice president and director of research, Federal Reserve Bank of Atlanta |
