Wealth Inequality at the Federal Reserve Bank of Atlanta

Using the strengths of economics, econophysics, sociology, and history to develop new tools to understand wealth inequality.
Recurring Event | Workshop
Location Federal Reserve Bank of Atlanta, 1000 Peachtree St NE, Atlanta, GA, 30309
Organizers Jean-Philippe Bouchaud, Steven Durlauf, Tao Zha
Featured Speakers Melvin Ayogu, Luis Bettencourt, Alberto Bisin, Jess Benhabib, H. Oliver Gao, Max Greenberg, Caterina La Porta, Jeff Larrimore, David McMillon, Alexander Monge-Naranjo, Makoto Nakajima, Antoine Parent, Veronika Penciakova, Julie Siwicki, Paula Tkac, David Wiczer, Stefano Zapperi
Research Areas Wealth, Methodology

The Wealth Inequality workshop series is a multi-year collaboration advancing transdisciplinary research on cross-cultural wealth differences in the United States, Europe, and emerging market economies. This workshop combined the strengths of economics, econophysics, sociology, history, and other relevant disciplines to develop new methodological tools to understand wealth inequality within and across generations and cultural contexts. The second event in the series was made possible by the generous funding and space provided by the Federal Reserve Bank of Atlanta.  

 

Participation was by invitation only.

 

Schedule

Friday, April 5

Start Time
End Time
Session
Session Leaders
8:00 a.m.
8:50 a.m.
Breakfast
  
8:50 a.m.
9:00 a.m.
Opening Remarks
 Paula Tkac
 
  
Session I

Chair:

Veronika Penciakova
9:00 a.m.
11:00 a.m.
The Dynamics of the Wealth Distribution

Alberto Bisin

Jess Benhabib
11:15 a.m.
11:30 a.m.
Break
  
11:30 a.m. 12:30 p.m.

Heterogeneous Effects of Monetary Policy across Income and Race:

The Labor Mobility Channel

 David Wiczer
12:30 p.m.
1:30 p.m.
Lunch
  
 
  
Session II
 Chair: David McMillon
1:30 p.m.
3:30 p.m.

Unraveling the Dynamics of Wealth Inequality

and the Impact on Social Mobility and Health Disparities

Caterina La Porta

Stefano Zapperi
3:30 p.m.
4:00 p.m.
Break
  
4:00 p.m.
5:00 p.m.

Alumni as Assets: Legacy Preferences, Expected Donations,

and Selective Admissions in a Dynamic Model of Elite Colleges

 Alexander Monge-Naranjo
5:00 p.m. 5:15 p.m.
Break
  
5:15 p.m.
6:15 p.m.
Reception
  

 

Saturday, April 6

Start Time
End Time 
Session
Session Leaders
8:00 a.m.
9:00 a.m.
Breakfast
  
 
  
Session III
 Chair: Julie Siwicki
8:00 a.m.
10:00 a.m.

Modeling Wealth and Income Distributions:

What can be Learned from the Econophysical Literature?

Oliver Gao

Max Greenberg
10:00 a.m.
10:30 a.m.
Break
  
10:30 a.m. 11:30 a.m.
Monetary Policy with Racial Inequality
 Makoto Nakajima
11:30 a.m.
12:30 p.m.
Lunch
  
 
  
Session IV
 Chair: Melvin Ayogu
12:30 p.m.
1:30 p.m.

The “Miserables” of 21st Century France:

New Insights on “France Périphérique” from Income Polarization Indicators

 Antoine Parent
1:30 p.m.
2:30 p.m.
Inequality Across Scales: Sorting and Polarization in US Cities
 Luís Bettencourt
2:30 p.m.
3:00 p.m.
 Break  
3:00 p.m. 4:00 p.m.
Income Mobility among the Top One Percent
 Jeff Larrimore
4:00 p.m.
4:30 p.m.
Closing Remarks

Steven Durlauf

Tao Zha