#  Discussions 

 



- Chen, Catherine, Chen Gao, Jonathon Hazell, Lihua Lei, and Chen Lian. ``Forecasting Inflation with Microdata: An Adaptive Machine Learning Approach.'' Central Bank of Iceland, May 2026. (Slides available upon request.)
- [Erten, Bilge, Stiglitz, Joseph, and Eric Verhoogen. "Employment Impacts of the CHIPS Act." Brookings Papers on Economic Activity, Fall 2025.](https://chodorowreich.scholars.harvard.edu/resource/chodorow-reichcommentertenstiglitzverhoogenbpea2025)
    - [Publisher's version.](https://www.brookings.edu/wp-content/uploads/2025/09/1_Erten_Stiglitz_Verhoogen_17465-JHUP_BPEA-Fall-2025-WEB-1.pdf)
    - [Conference slides.](https://www.dropbox.com/scl/fi/fkhv9bnfhahfqvecvbv6g/gcr_esv_discussion.pdf?rlkey=ku2gdmjtqua74c7zssfc46r14&dl=0)
- [Briganti, Edoardo, Holt Dwyer, Ricardo Duque Gabriel, and Victor Sellemi. "Breaking Down the U.S. Employment Multiplier Using Micro-Level Data." NBER Fiscal Dynamics of State and Local Governments, 2025.](https://chodorowreich.scholars.harvard.edu/resource/bdgsdiscussion2025)
- [Fujita, Shigeru, Valerie Ramey, and Tal Roded. "Why Didn't the U.S. Unemployment Rate Rise at the End of WWII?". NBER EF&G, 2025.](https://www.dropbox.com/scl/fi/d00snb49x3nfj5rcvvqun/gcr_frr_discussion.pdf?rlkey=5ahhz1lv5627daa8rud26u7wc&dl=0)
- [Beaudry, Paul, Chenyu Hou, and Franck Portier. "The Dominant Role of Expectations and Broad-Based Supply Shocks in Driving Inflation." NBER Macroannual, 2024.](/file_url/177)
    - [Publisher's version.](https://www.journals.uchicago.edu/doi/10.1086/735270)
    - [Conference slides.](/file_url/176)
- [Richter, Bjorn and Kaspar Zimmermann. "The Profit-Credit Cycle." AEA, January 8, 2022.](/file_url/163)
- [Auerbach, Alan, Yuriy Gorodnichenko, Peter McCrory, and Daniel Murphy. "Fiscal Multipliers in the COVID19 Recession." AEPC, November 19, 2021.](/file_url/162)
- [Popp, David, Francesco Vona, Giovanni Marin, and Ziqiao Chen. "The Employment Impact of a Green Fiscal Push: Evidence from the American Recovery and Reinvestment Act." Brookings Papers on Economic Activity, September 9, 2021.](/file_url/164)
    - [Publisher's version.](https://www.brookings.edu/wp-content/uploads/2021/09/15985-BPEA-BPEA-FA21_WEB_Popp-et-al_Chodorow-Reich-Comment.pdf)
    - [Conference slides.](/file_url/165)
- [Alvarez, Fernando, David Argente, Rafael Jimenez, and Francesco Lippi. "Cash: A Blessing or a Curse?'' Carnegie-Rochester Series on Public Policy, 2021.](/file_url/159)
    - [Publisher's version](https://www.sciencedirect.com/science/article/pii/S0304393221000957).
    - [Conference slides](/file_url/151).
- [Griffin, Thomas, Greg Nini, and David Smith. "Losing Control? The 20-Year Decline in Loan Covenant Restrictions." AFA, January 5, 2021.](/file_url/150)
- [Ilzetzki, Ethan. "Government Purchases and Plant-Level Productivity: Evidence From World War II," AEA, January 3, 2021.](/file_url/149)
- [Koch, Christopher, Qian Chen, Gary Richardson, and Padma Sharma. "Payment Crises and Consequences." NBER ME, November 13, 2020.](/file_url/148)
- [Granja, Joao, Christos Makridis, Constantine Yannelis, and Eric Zwick. "Did the Paycheck Protection Program Hit the Target?" NBER CF, November 6, 2020.](/file_url/147)
- [Gallant, Jessica, Kory Kroft, Fabian Lange, and Matthew Notowidigdo. "Temporary Unemployment and Labor Market Dynamics During the COVID-19 Recession." Brookings Papers on Economic Activity, September 24, 2020.](/file_url/146)
    - [Publisher's version.](/file_url/167)
    - [Conference slides.](/file_url/168)
- [Schoefer, Benjamin and Oren Ziv. "Productivity, Place, and Plants: Revisiting the Measurement." NBER Urban, July 23,2020.](https://dl.dropboxusercontent.com/s/grqa04b9eqh9cgk/gcr_SZ_discussion.pdf?dl=0)
- [Guren, Adam, Alisdair McKay, Emi Nakamura and Jon Steinsson. ``What Do We Learn from Cross-Sectional Estimates in Macroeconomics?'' NBER Macroannual, 2020.](https://www.dropbox.com/s/a67xjmqzx2j7knw/gcr_gmns_written_comments.pdf?dl=0)
    - [Publisher's version](https://www.journals.uchicago.edu/doi/10.1086/712322).
- [Alvarez, Fernando and David Argente. "Consumer Surplus of Alternative Payment Methods: Paying Uber with Cash." NBER EF&G, October 25, 2019.](https://dl.dropboxusercontent.com/s/xpcn8cipkxzr2b6/gcr_AA_discussion.pdf?dl=0)
- [Hornbeck, Richard and Enrico Moretti. "Estimating Who Benefits from Productivity Growth: Direct and Indirect Effects of City Manufacturing TFP Growth on Wages, Rents, and Inequality." NBER Urban, July 26, 2019.](https://dl.dropboxusercontent.com/s/y3esp2w8zo812oe/gcr_HM_discussion.pdf?dl=0)
- [Altavilla, Carlo, Lorenzo Burlon, Mariassunta Giannetti and Sarah Holton. "Is There a Zero Lower Bound? The Effects of Negative Policy Rates on Banks and Firms." NBER CF, July 9, 2019.](https://dl.dropboxusercontent.com/s/tqho4mcuozeul8n/gcr_ABGH_discussion.pdf?dl=0)
- [Kehoe, Patrick, Pierlauro Lopez, Virgiliu Midrigan and Elena Pastorino. "Asset Prices and Unemployment Fluctuations." Bank of Portugal, June 11, 2019.](https://dl.dropboxusercontent.com/s/et9vzxrptorafsn/gcr_KLMP_discussion.pdf?dl=0)
- [Ivashina, Victoria and Josh Lerner. "Looking for Alternatives: Pension Investments Around the World, 2008 to 2017." Federal Reserve Bank of Boston 62nd Economic Conference, September 8, 2018.](https://dl.dropboxusercontent.com/s/m6d68p5kqbgdlmr/gcr_Ivashina_discussion.pdf?dl=0)
- [Kirti, Divya, "When Gambling For Resurrection Is Too Risky." IMF Annual Macrofinance Research Conference, April 11, 2018.](https://dl.dropboxusercontent.com/s/ae5gtfby5q8bqjw/gcr_Kirti_discussion.pdf?dl=0)
- [Baker, Scott, Stephanie Johnson, and Lorenz Kueng. "Shopping for Lower Sales Tax Rates." Yale Junior Finance, September 23, 2017.](https://dl.dropboxusercontent.com/s/9kxt6rw6qd4ob9i/gcr_BJK_discussion.pdf?dl=0)
- [Bernstein, Shai, Emanuele Colonelli, Xavier Giroud, and Benjamin Iverson, "Bankruptcy Spillovers." NBER CF, March 24, 2017.](https://dl.dropboxusercontent.com/s/yoyu80ft6uh6ruv/gcr_BCGI_discussion.pdf?dl=0)
- [Heider, Florian, Farzad Saidi, and Glenn Schepens, "Life Below Zero: Bank Lending Under Negative Policy Rates." NBER ME, October 28, 2016.](https://dl.dropboxusercontent.com/s/4kxz71d3gv9cjwv/gcr_HSS_discussion.pdf?dl=0)
- [Krueger, Alan, "Where Have all the Workers Gone?" Federal Reserve Bank of Boston 60th Economic Conference, October 16, 2016.](https://dl.dropboxusercontent.com/s/2yhg8grc9ec27pg/gcr_discussion.pdf?dl=0)
- [Hsieh, Chang-Tai, Erik Hurst, Charles Jones, and Peter Klenow, "The Allocation of Talent and U.S. Economic Growth." Federal Reserve Bank of Atlanta Annual Employment Conference, September 22, 2016.](https://dl.dropboxusercontent.com/s/92f64idwwrtyhxa/gcr_HHJK_discussion.pdf?dl=0)
- [Foley-Fisher, Nathan, Borghan Narajabad, and Stephane Verani, "Self-fulfilling Runs: Evidence from the U.S. Life Insurance Industry." NBER CF, July 11, 2016](https://dl.dropboxusercontent.com/s/8y27s34260jl5qo/gcr_07112016_handout.pdf?dl=0)
- [Morais, Bernardo, Jose-Luis Peydro, and Claudia Ruiz, "The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield and Real Effects." NBER MEFM, July 10, 2015](https://dl.dropboxusercontent.com/s/0jvj1sha70itm7s/GCR-discussion-MEFM-07102015.pdf?dl=0)
- [Kilic, Mete and Jessica Wachter, "Risk, Unemployment, and the Stock Market: A Rare Event-Based Explanation of Labor Market Volatility." WFA, June 18, 2015.](https://dl.dropboxusercontent.com/s/jbhdfa17rcqh8rd/GCR-discussion-WFA-061815.pdf?dl=0)
- [Benmelech, Efraim, Ralf R. Meisenzahl, and Rodney Ramcharan, "The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles." AEA, January 5, 2015](https://dl.dropboxusercontent.com/s/g2fs82clo3utlxd/GCR-discussion-AEA-01042015.pdf?dl=0)
- [Benmelech, Efraim, Ralf R. Meisenzahl, and Rodney Ramcharan, "The Real Effects of Liquidity During the Financial Crisis: Evidence from Automobiles." NBER CF, November 14, 2014.](https://dl.dropboxusercontent.com/s/ue5rtm1xo7w20xh/GCR-discussion-CF-11142014.pdf?dl=0)
- [Siemer, Michael, "Firm Entry and Employment Dynamics in the Great Recession." NBER EFEL, July 15, 2014.](https://dl.dropboxusercontent.com/s/66d036ks15h36vg/GCR%20slides%207-15-2014.pdf?dl=0)
- [Bentolila, Samuel, Marcel Jansen, Gabriel Jimenez, and Sonia Ruano, "When Credit Dries Up, Job Losses in the Great Recession." DNB, October 17, 2013.](https://dl.dropboxusercontent.com/s/d2kh5gt27pazmt7/GCR%20discussion%20slides.pdf?dl=0)