Our News

The Richmond Fed’s recent installment of Collaboration of Research Economists (CORE) Week included a nod to inclusion and to women who are making history in the field.

CORE Week is the Bank’s signature program for research staff and visiting economists, during which expertise is exchanged and information is shared about some of the latest findings across a range of disciplines.

The March 21–25 CORE Week kicked off with a two-part discussion about women in economics that was jointly hosted by the Bank’s Research department and its Supervision Regulation and Credit division.

Richmond Fed economist Urvi Neelakantan noted that “[t]he event highlighted for me how important it is to have colleagues I trust and to create spaces where we can have open and candid discussions about the opportunities and challenges facing women in economics, and how best to address them,” said Neelakantan.

Throughout the week, these visiting economists also offered insights from their research:

• Cosmin Ilut (Duke University) presented the paper “Economic agents as imperfect problem solvers,” co-authored by Rosen Valchev.
• Daniel Yi Xu (Duke University) presented the paper “Regulating conglomerates in China: Evidence from an Energy Conservation Program.”
• Dávid Krisztián Nagy (CREI) presented the paper "The Death and Life of Great British Cities.”
• Guillaume Rocheteau (University of California-Irvine) presented the paper "Information Acquisition and Price Discrimination in Dynamic, Decentralized Markets," co-authored by   Michael Choi.
• Isaac Baley (Universitat Pompeu Fabra) presented the paper “The Macroeconomics of Partial Irreversibility,” co-authored by Andrés Blanco.
• Ali Shourideh (Carnegie Mellon University) presented the paper “Inequality, Redistribution and Optimal Trade Policy: A Public Finance Approach.”
• Kairong Xiao (Columbia Business School) presented the paper “The Shadow Cost of Collateral.”
• Michael Choi (University of California, Irvine) presented the paper “Learning and Money Adoption.”

In addition to the seminars, the week included the Government Programs and Their Effect on Welfare and Employment Conference, with speakers presenting papers on topics that ranged from “Spending and Job Search Impacts of Expanded Unemployment Benefits” (Pascal Noel, Chicago Booth) to “The Minimum Wage in the Short Run and the Long Run" (Tom Winberry, The Wharton School).

The March CORE Week programming was the first installment in the series this year, with six more CORE weeks planned for 2022.