Join us to hear from Colin Ward, University of Minnesota. His presentation is titled, "Appropriated Growth". 

Abstract: We assess how labor mobility affects intangible investment through the lens of a structural model that features knowledge spillovers and an agency conflict between investors and key employees. Our calibration to US data targets responses of employee turnover and firms’ intangible investment to variation in workers’ outside option values that are identified by state-level...

The Affordable Care Act was the most significant health care reform in the U.S. in half a century, but health care reform is never over. Continued high rates of insurance, high health care costs, and poor health care outcomes for many Americans demand continued efforts to improve the U.S. health care system. In this lecture entitled "Health Care Reform Never Ends," Professor Gruber will discuss how we got to where we are on health care policy and the central issues facing the U.S. in the coming...

Join us to hear from Tarun Sabarwal, University of Kansas, presenting, "General Theory of Equilibrium in Models with Complementarities".

Abstract: We unify and generalize the equilibrium theory of foundational models of complementarities used widely
in economics and other disciplines. Widely used results for existence of extremal equilibrium, nonempty
complete lattice structure of the equilibrium set, and monotone comparative statics (MCS) of extremal
equilibria are unified and generalized...

Jake Harrison is a PhD student in Management and Entrepreneurship at the Tippie College of Business. The subject of his presentation is "The Influence of Applicant Job-Hopping Behavior on Hiring Decisions."

The Behavior Research Seminar (BRS) is a low-pressure, safe place for Tippie faculty and PhD students to share new ideas and seek feedback in the early stages of a research project.

Join us to hear from Jason Brown, Federal Reserve Bank of Kansas City. presenting, "Economic Benefits and Social Costs of Legalizing Recreational Marijuana". 

Abstract: We analyze the effects of legalizing recreational marijuana on state economic and social outcomes (2000–20) using difference-in-differences estimation robust to staggered timing and heterogeneity of treatment. We find moderate economic gains and accompanied by some social costs. Post-legalization, average state income grew by 3...

Join us to hear from Chuck Fang, Drexel University.  His presentation is titled, "Monetary Policy Transmissions through Bond Fund Flows". 

Abstract: I show that bond mutual funds and ETFs (“bond funds”) amplify the bond market transmission of monetary policy. During monetary tightening, bond funds experience large outflows of return-chasing capital and scale down their bond holdings much more than traditional bond investors such as insurance companies. In the cross section of firms, in response...