{"id":16214,"date":"2021-05-05T19:57:20","date_gmt":"2021-05-05T19:57:20","guid":{"rendered":"https:\/\/david-alegre.com\/repo-sed\/?page_id=16214"},"modified":"2021-05-05T19:57:20","modified_gmt":"2021-05-05T19:57:20","slug":"newsletter-apr-2021","status":"publish","type":"page","link":"https:\/\/david-alegre.com\/repo-sed\/newsletter-apr-2021\/","title":{"rendered":"newsletter-apr-2021"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-overflow:visible;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column fusion-flex-align-self-flex-start fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-title-text fusion-title-size-one\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\"><p id=\"unique-identifierTitle2\">EconomicDynamics Newsletter<\/p><\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-single sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><h2><span style=\"color: #09332c;\"><strong>Volume 22, Issue 1 (April 2021)<\/strong><\/span><\/h2>\n<h3>The EconomicDynamics Newsletter is a free supplement to the\u00a0<a href=\"https:\/\/david-alegre.com\/repo-sed\/red\/\"><i><b>Review of Economic Dynamics<\/b><\/i><\/a> (RED). It is published twice a year in April and November.<\/h3>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_5_6 5_6 fusion-flex-column fusion-flex-align-self-flex-start fusion-column-no-min-height\" style=\"--awb-bg-size:cover;--awb-width-large:83.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.304%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:2.304%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2\"><h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2 id=\"unique-identifierTitle2\"><span style=\"color: #09332c;\"><strong>In this issue<\/strong><\/span><\/h2>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_5_6 5_6 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:83.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.304%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.304%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-3\"><ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>\n<h3 data-lineheight=\"24\" data-fontsize=\"16\"><a href=\"https:\/\/david-alegre.com\/repo-sed\/research-agenda-stantcheva2021\/\">EconomicDynamics Research Agenda: Stefanie Stantcheva on Taxes, Transfers, and Redistribution<\/a><\/h3>\n<\/li>\n<li>\n<h3 data-lineheight=\"24\" data-fontsize=\"16\"><a href=\"https:\/\/www.youtube.com\/watch?v=A-mK2hM1L-8#t=0m0s\">EconomicDynamics Interview: Nick Bloom on &#8220;Working From Home (WFH)&#8221;<\/a><\/h3>\n<\/li>\n<li>\n<h3 data-lineheight=\"24\" data-fontsize=\"16\">SED: Letter from the President: <a href=\"https:\/\/youtu.be\/-CL0TWRRkE8\">Watch Video<\/a>\u00a0or <a href=\"#unique-identifierLetterPres2021_1\">Read Letter<\/a><\/h3>\n<\/li>\n<\/ul>\n<ul>\n<li>\n<h3 data-lineheight=\"24\" data-fontsize=\"16\"><a href=\"#unique-identifierREDEditor2021_1\">RED: Letter from the Coordinating Editor<\/a><\/h3>\n<\/li>\n<li>\n<h3 data-lineheight=\"24\" data-fontsize=\"16\"><a href=\"#unique-identifierChairs2021_1\">SED Meeting: Message from Program Chairs<\/a><\/h3>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_3 1_3 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:33.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:5.76%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:5.76%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_3 1_3 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:33.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:5.76%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:5.76%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-6 fusion_builder_column_1_3 1_3 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:33.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:5.76%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:5.76%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-4\"><p><em><a href=\"https:\/\/ideas.repec.org\/e\/paz11.html\">Marina Azzimonti<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pka357.html\">Loukas Karabarbounis<\/a>,\u00a0Editors.<\/em><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-7 fusion_builder_column_1_3 1_3 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:33.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:5.76%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:5.76%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-8 fusion_builder_column_4_5 4_5 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:80%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.4%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.4%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-9 fusion_builder_column_4_5 4_5 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:80%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.4%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.4%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-2 fusion-title-text fusion-title-size-one\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Videos<\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><div class=\"fusion-title title fusion-title-3 fusion-title-text fusion-title-size-two\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Message from Ellen McGrattan<\/h2><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;\"><div class=\"video-shortcode\"><div class=\"fluid-width-video-wrapper\" style=\"padding-top:60%;\" ><iframe title=\"YouTube video player 1\" src=\"https:\/\/www.youtube.com\/embed\/-CL0TWRRkE8?wmode=transparent&autoplay=0\" width=\"600\" height=\"360\" allowfullscreen allow=\"autoplay; fullscreen\"><\/iframe><\/div><\/div><\/div><div class=\"fusion-text fusion-text-5\"><h2 id=\"unique-identifierInterview\" data-lineheight=\"24\" data-fontsize=\"16\"><\/h2>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-10 fusion_builder_column_4_5 4_5 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:80%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.4%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.4%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-6\"><h2 id=\"unique-identifierInterview\" data-lineheight=\"24\" data-fontsize=\"16\"><\/h2>\n<\/div><div class=\"fusion-title title fusion-title-4 fusion-title-text fusion-title-size-two\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Interview with Nick Bloom<\/h2><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep-double sep-solid\" style=\"border-color:#56705c;\"><\/div><\/div><\/div><div class=\"fusion-video fusion-youtube\" style=\"--awb-max-width:600px;--awb-max-height:360px;\"><div class=\"video-shortcode\"><div class=\"fluid-width-video-wrapper\" style=\"padding-top:60%;\" ><iframe title=\"YouTube video player 2\" src=\"https:\/\/www.youtube.com\/embed\/A-mK2hM1L-8?wmode=transparent&autoplay=0\" width=\"600\" height=\"360\" allowfullscreen allow=\"autoplay; fullscreen\"><\/iframe><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-11 fusion_builder_column_5_6 5_6 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:83.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.304%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.304%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-7\"><h2 id=\"unique-identifierLetterPres2021_1\" data-lineheight=\"24\" data-fontsize=\"16\">Letter from the President<\/h2>\n<h4>Dear Colleagues,<\/h4>\n<h4>Before sharing SED news, let me start with some thank yous! As all of you know well, this has been a very tough year with the global pandemic still raging. With this as the backdrop, the 2020 program chairs and officers have done twice the job asked of them. Let me start with the program chairs, <a href=\"https:\/\/ideas.repec.org\/e\/pfi76.html\">Doireann Fitzgerald<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pja325.html\">Nir Jaimovich<\/a>, who have been organizing the annual meeting now for two years! They were asked to chair the Barcelona 2020 meeting, which was cancelled in 2020 and then postponed twice. <a href=\"https:\/\/ideas.repec.org\/e\/pfi76.html\">Doireann<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pja325.html\">Nir<\/a> have handled two submission rounds so that we could include our younger colleagues graduating last year in the midst of the pandemic. Next, I want to thank the SED Secretary, <a href=\"http:\/\/www.marina-azzimonti.com\/\">Marina Azzimonti<\/a>, and Treasurer, <a href=\"http:\/\/bus.wisc.edu\/faculty\/erwan-quintin\">Erwan Quintin<\/a>. No decisions get made without consultations with them and there have been quite a few this year. This time in addition to the regular tasks related to running the website and bank accounts is above and beyond what they signed on for. For those of you that regularly attend the <a href=\"https:\/\/david-alegre.com\/repo-sed\/sedam_2021\/\">SED meetings<\/a>, I encourage you to send thank yous.<\/h4>\n<h4>Let me turn now to the news. By January 2021, it was clear that we would have to postpone the Barcelona meeting again. The local organizers&#8212;\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pca127.html\">Jordi Caballe<\/a>,\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pll15.html\">Joan Llull<\/a>,\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pma173.html\">Albert Marcet<\/a>,\u00a0and\u00a0<a href=\"https:\/\/ideas.repec.org\/f\/psa1082.html\">Raul Santaeulalia-Llopis<\/a>&#8212;predicted that Spain would not be ready to accept foreign visitors by June of 2021. They turned out to be correct. Because we had moved the Taipei and Cartagena meetings by a year already, we decided to have the Barcelona meeting in June of 2024. Reluctant to miss yet another year, the Minneapolis team stepped up. With help from colleagues <a href=\"http:\/\/www.bhandarianmol.com\/\">Anmol Bhandari<\/a>,\u00a0<a href=\"https:\/\/ideas.repec.org\/f\/phe365.html\">Kyle Herkenhoff<\/a>,\u00a0<a href=\"https:\/\/sites.google.com\/site\/hannesmalmbergweb\/\">Hannes Malmberg<\/a>, and\u00a0<a href=\"http:\/\/www.josephlyonmullins.com\/\">Joseph Mullins <\/a>and staff members Kirstyn Ouverson and Kara Kersteter, we are hosting the <a href=\"https:\/\/david-alegre.com\/repo-sed\/sedam_2021\/\">2021 SED annual meeting<\/a> at the <a href=\"https:\/\/cla.umn.edu\/economics\">University of Minnesota<\/a> campus in<br \/>\nthe Twin Cities. We&#8217;re all very excited for the event, which will be the first conference on the campus to have an in-person segment!<\/h4>\n<h4>The dates for this year&#8217;s meeting are <a href=\"https:\/\/david-alegre.com\/repo-sed\/sedam_2021\/\">July 1-3, 2021<\/a>. We are excited to have <a href=\"https:\/\/ideas.repec.org\/e\/pna121.html\">Emi Nakamura<\/a>,\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pfu121.html\">Nicola Fuchs-Schundeln<\/a>, and\u00a0<a href=\"https:\/\/ideas.repec.org\/f\/pme246.html\">Guido Menzio<\/a>\u00a0 as our plenary speakers. <a href=\"https:\/\/ideas.repec.org\/f\/pme246.html\">Guido<\/a> has already confirmed that he will be here in person. Because we are a truly global society, <a href=\"https:\/\/ideas.repec.org\/e\/pfi76.html\">Doireann<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pja325.html\">Nir<\/a> are updating the usual schedule. We will have plenary talks in the middle of the day. We also plan to record all sessions so that our colleagues on the other side of the globe do not have to be awake at 3 in the morning to watch sessions live. We have 800 registered for the conference and are now conducting a second registration for those interested in coming in person. There are 21 parallel sessions and we have secured 21 large classrooms here at the University. However, we must abide by <a href=\"https:\/\/www.cdc.gov\/coronavirus\/2019-ncov\/communication\/guidance.html\">CDC rules<\/a> and, therefore, can only use a subset of seats in each classroom. That puts a cap of roughly 300 that we can have in person. We are also going to require that anyone coming in person be fully vaccinated by July 1 and currently in the United States. We&#8217;re very disappointed that we could not open it up completely, but the logistics of that would have doomed any chance of having an in-person segment.<\/h4>\n<h4>The dates for next year&#8217;s meeting in Taipei are also set. The conference will be held June 22-24, 2022. <a href=\"https:\/\/ideas.repec.org\/e\/pwa22.html\">Ping Wang<\/a> of <a href=\"https:\/\/economics.wustl.edu\/\">Washington University in St. Louis<\/a> and hosts at the <a href=\"http:\/\/www.econ.sinica.edu.tw\/english\">Institute of Economics at the Academia Sinica<\/a> are busy making plans. I&#8217;m also happy to announce that <a href=\"https:\/\/ideas.repec.org\/f\/psh383.html\">Yongseok Shin<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pba291.html\">Yan Bai<\/a> have agreed to be the program co-chairs. By July,\u00a0<a href=\"https:\/\/ideas.repec.org\/e\/pfi76.html\">Doireann<\/a> and <a href=\"https:\/\/ideas.repec.org\/f\/pja325.html\">Nir<\/a>\u00a0will probably be releived to pass on the baton. For summer 2023, we are still scheduled to meet in Cartagena. <a href=\"https:\/\/ideas.repec.org\/e\/ppr162.html\">David Perez-Reyna<\/a> will be heading up the local team of organizers and the conference will be co-hosted by the <a href=\"https:\/\/uniandes.edu.co\/\">Universidad de los Andes (Uniandes)<\/a> and <a href=\"https:\/\/www.utb.edu.co\/\">Universidad Tecnologica de Bolivar (UTB)<\/a>.<\/h4>\n<h4>In other news, I want to thank the organizers of the <a href=\"https:\/\/www.aeaweb.org\/conference\/\">ASSA sessions<\/a> in January, namely <a href=\"https:\/\/scholar.princeton.edu\/itskhoki\/home\">Oleg Itskhoki<\/a>,\u00a0<a href=\"https:\/\/faculty.wcas.northwestern.edu\/~lchrist\/\">Larry Christiano<\/a>, and\u00a0<a href=\"https:\/\/www.chicagobooth.edu\/faculty\/directory\/m\/yueran-ma\">Yueran Ma<\/a>. We also had a very special panel session on the contributions of <a href=\"https:\/\/www.youtube.com\/watch?v=EhQf5eWCTzw\">Emmanuel Farhi<\/a> to economics.\u00a0 A very special thanks to Pierre-Olivier Gourichas, <a href=\"https:\/\/faculty.wcas.northwestern.edu\/~lchrist\/\">Larry Christiano<\/a>, <a href=\"https:\/\/www.chicagobooth.edu\/faculty\/directory\/m\/yueran-ma\">Yueran Ma<\/a> &#8212; and all of Emmanuel&#8217;s students and colleagues for this memorable tribute.<\/h4>\n<h4>I encourage everyone to check out the <a href=\"https:\/\/david-alegre.com\/repo-sed\/\">SED website<\/a> and<a href=\"https:\/\/twitter.com\/sedmeeting?lang=en\"> SED Twitter<\/a> account for updates on our summer event.<\/h4>\n<h4><a href=\"https:\/\/ideas.repec.org\/e\/pmc46.html\">Ellen McGrattan<\/a><\/h4>\n<h4>President, Society for Economic Dynamics<\/h4>\n<h4 style=\"text-align: right;\"><a href=\"#unique-identifierTitle2\">Back to Menu<\/a><\/h4>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-12 fusion_builder_column_5_6 5_6 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:83.333333333333%;--awb-margin-top-large:0px;--awb-spacing-right-large:2.304%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.304%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-8\"><h2 id=\"unique-identifierREDEditor2021_1\">Letter from the Coordinating Editor<\/h2>\n<h4>Dear readers, authors, and friends,<\/h4>\n<h4>I am writing with some updates on the editorial organization and processes at the <a href=\"https:\/\/david-alegre.com\/repo-sed\/red\/\"><em>Review of Economic Dynamics<\/em><\/a>.<\/h4>\n<h3><strong>Editorial members\u00a0\u00a0<\/strong><\/h3>\n<h4>The current editorial board is:<\/h4>\n<h4>Editors: M. Bassetto, M. Doepke, G. Gancia, M. Iacoviello, L. Karabarbounis (Coordinating), D. Lagakos, M. De Nardi, E. Schaal, A. Tambalotti, P.-O. Weill.<\/h4>\n<h4>Associate Editors:\u00a0 S. Albanesi, M. Azzimonti, Y. Bai, D. Berger, A. Burstein, H. Chade, M. Eden, J. Eeckhout, A. Eisfeldt, D. Fitzgerald, J. La&#8217;O, \u00a0J. Lise, L. Lochner, M. Mazzocco, \u00a0L. Paciello, F. Postel-Vinay, P. Restrepo-Echavarria, L. Rudanko, K. Ruhl, T. Schoellman, A. Shourideh, V. Sterk, J. Thomas, C. Tonetti, M. Trabandt, V. Venkateswaren, G. Vereshchagina, J. Wieland, C. Zimmermann.<\/h4>\n<h4><\/h4>\n<h3><strong>Conflicts of interest. \u00a0<\/strong><\/h3>\n<h4>The RED has established policies ensuring that no conflicts of interest arise when evaluating papers.<\/h4>\n<ul>\n<li>\n<h4>Referees cannot submit reports for papers written by colleagues, recent coauthors, advisors, advisees, family members, or by authors who have close personal relationships with the referee. Referees are expected to disclose if a conflict arises inadvertently.<\/h4>\n<\/li>\n<li>\n<h4>Editors cannot handle papers written by colleagues, recent coauthors, advisors, advisees, family members, or by authors who have close personal relationships with the Editor. Editors are expected to disclose if a conflict arises inadvertently.<\/h4>\n<\/li>\n<li>\n<h4>Members of the editorial board who submit papers receive evaluations from two Editors. Submissions from members of the editorial board cannot receive a positive outcome unless both Editors independently agree to the positive outcome.<\/h4>\n<\/li>\n<\/ul>\n<h3><strong>Editorial turnaround statistics. \u00a0<\/strong><\/h3>\n<h4>The RED offers high quality and fast reviews to authors. The table below summarizes our statistics for decisions on first submissions between 06\/25\/2020 and 05\/02\/2021:<\/h4>\n<h4><\/h4>\n<table>\n<tbody>\n<tr>\n<td width=\"156\">\n<h4><\/h4>\n<\/td>\n<td width=\"180\">\n<h4>Average Days to Decision<\/h4>\n<\/td>\n<td width=\"186\">\n<h4>Fraction of Decisions<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"156\">\n<h4>Total<\/h4>\n<\/td>\n<td width=\"180\">\n<h4>36.6<\/h4>\n<\/td>\n<td width=\"186\">\n<h4>1.00<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"156\">\n<h4>Desk Reject<\/h4>\n<\/td>\n<td width=\"180\">\n<h4>0.4<\/h4>\n<\/td>\n<td width=\"186\">\n<h4>0.40<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"156\">\n<h4>Reject<\/h4>\n<\/td>\n<td width=\"180\">\n<h4>58.8<\/h4>\n<\/td>\n<td width=\"186\">\n<h4>0.46<\/h4>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"156\">\n<h4>Revise &amp; Resubmit<\/h4>\n<\/td>\n<td width=\"180\">\n<h4>65.6<\/h4>\n<\/td>\n<td width=\"186\">\n<h4>0.14<\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4><strong>\u00a0<\/strong>Our goal is to make the RED one of the most efficient journals in economics, by targeting a roughly two-month average turnaround for papers that pass the desk and by desk rejecting as soon as an initial evaluation is feasible. I would like to sincerely thank our wonderful referees who, despite the constraints imposed by the pandemic, continue to offer constructive reports to authors in a timely manner.<\/h4>\n<h4>Best,<\/h4>\n<h4><a href=\"https:\/\/sites.google.com\/site\/loukaskarabarbounis\/\">Loukas Karabarbounis<\/a><\/h4>\n<h4>Coordinating Editor, <a href=\"https:\/\/david-alegre.com\/repo-sed\/red\/\">Review of Economic Dynamics<\/a><\/h4>\n<h4 style=\"text-align: right;\"><a href=\"#unique-identifierTitle2\">Back to Menu<\/a><\/h4>\n<\/div><div class=\"fusion-text fusion-text-9\"><h2 id=\"unique-identifierChairs2021_1\" data-lineheight=\"24\" data-fontsize=\"16\">Message from the Program Chairs<\/h2>\n<h4>Dear all,<\/h4>\n<h4>We are very excited to share with you the program for this year&#8217;s hybrid SED Meeting, hosted in Minneapolis by the University of Minnesota. This year&#8217;s expanded program combines papers from the 2020 and 2021 Calls for Papers.<\/h4>\n<h4>Many thanks to our fantastic Committee of 49 young economists, who selected an amazing set of papers, not once, but twice, under conditions of great uncertainty.<\/h4>\n<h4>There will be a total of 252 regular sessions including 756 papers, making this the biggest SED ever. This includes eight Covid-19 sessions highlighting the best of economic research on the pandemic. While a hybrid conference is not as much fun as an in-person conference, it does reduce the costs of participation for economists scattered across the globe. We are particularly happy to report that more than 40% of presenters are based outside the US.<\/h4>\n<h4>We hope that all participants, whether they attend virtually or in person, will enjoy the first &#8211; and hopefully, last &#8211; pandemic SED.<\/h4>\n<h4>Best,<\/h4>\n<h4>Doireann and Nir.<\/h4>\n<h4 style=\"text-align: right;\"><a href=\"#unique-identifierTitle2\">Back to Menu<\/a><\/h4>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-13 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-10\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"class_list":["post-16214","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/16214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/comments?post=16214"}],"version-history":[{"count":0,"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/pages\/16214\/revisions"}],"wp:attachment":[{"href":"https:\/\/david-alegre.com\/repo-sed\/wp-json\/wp\/v2\/media?parent=16214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}