Wardman Park Marriott Hotel Washington, D.C. AGENDA

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1 Wardman Park Marritt Htel Washingtn, D.C. AGENDA THURSDAY, APRIL 2 7:00 a.m. Breakfast and Registratin 8:30 a.m. Welcme Eric Belsky Directr, Divisin f Cnsumer and Cmmunity Affairs, Bard f Gvernrs f the Federal Reserve System Opening Remarks Janet Yellen Chair, Bard f Gvernrs f the Federal Reserve System 9:00 a.m. Overview f the Cnference David Buchhlz Assistant Directr, Divisin f Cnsumer and Cmmunity Affairs, Bard f Gvernrs f the Federal Reserve System Ray Bshara Senir Advisr and Directr, Center fr Husehld Financial Stability, Federal Reserve Bank f St. Luis 9:10 a.m. The State f Ecnmic Mbility and Why It Matters Raj Chetty Blmberg Prfessr f Ecnmics, Harvard University Sctt Winship Walter B. Wristn Fellw, Manhattan Institute fr Plicy Research Katherine S. Newman Prvst and Senir Vice Chancellr fr Academic Affairs, University f Massachusetts Amherst Mderatr: Sarah Rsen Wartell President, The Urban Institute 10:40 a.m. Break 11:00 a.m. Ecnmic Mbility: Families Neil Hwe Funder and President, Saeculum Research; and Diana Ellitt Research Manager, Financial Security and Mbility Prject, The Pew Charitable Trusts Mbility Within and Acrss Generatins: Where We ve Been and Prspects fr the Future 1

2 Rbert D. Putnam Peter and Isabel Malkin Prfessr f Public Plicy, Kennedy Schl f Gvernment, Harvard University Hw D Parents Affect their Children s Mbility? Family Structure, Parenting, Schling, and Cnnectins Mderatr: Angela Glver Blackwell Funder and CEO, PlicyLink Discussant: Isabel V. Sawhill C-Directr, Center n Children and Families, Budgeting fr Natinal Pririties; Senir Fellw, Ecnmic Studies, Brkings Institutin 12:30 p.m. Lunch 1:45 p.m. Cncurrent Sessins I. Mbility Acrss Generatins Jnathan L. Rthbaum Ecnmist Scial, Ecnmic, and Husing Statistics, U.S. Census Bureau Parent Characteristics and the Gegraphy f Mbility Victria L. Bryant Statistics and Incme Divisin, Internal Revenue Service New Estimates f Intergeneratinal Ecnmic Mbility Using Administrative Data Fabian T. Pfeffer Research Assistant Prfessr, Survey Research Center; Faculty Assciate, Ppulatin Studies Center, Institute fr Scial Research, University f Michigan Hw Rigid Is the Wealth Structure? Inter- and Multigeneratinal Crrelatins in Family Wealth Mderatr: Erin Currier Directr, Financial Security and Mbility, The Pew Charitable Trusts Discussant: Trina Williams Shanks Assciate Prfessr f Scial Wrk; Faculty Assciate, Survey Research Center, Institute fr Scial Research, University f Michigan II. The Rle f Financial Services Raphael Bstic Prfessr; Judith and Jhn Bedrsian Chair in Gvernance and the Public Enterprise, Sl Price Schl f Public Plicy, University f Suthern Califrnia Credit Market Innvatins and Sustainable Hmewnership: The Case f Nn-Traditinal Mrtgage Prducts Lisa Servn Prfessr f Urban Plicy, The New Schl Reframing the Debate Abut Financial Inclusin: Evidence frm an Up-Clse View f Alternative Financial Services Meta Brwn Senir Ecnmist, Federal Reserve Bank f New Yrk Stepping Stne r Quicksand? The Rle f Cnsumer Debt in the U.S. Gegraphy f Mbility Mderatr: W. Thmas Reeves President, Pulaski Bank Discussant: Barry Cynamn Visiting Schlar, Center fr Husehld Financial Stability, Federal Reserve Bank f St. Luis III. Neighbrhds and Ecnmic Mbility Darrick Hamiltn Assciate Prfessr f Urban Plicy, The New Schl Natinal Asset Screcard in Cmmunities f Clr (NASCC) Prject 2

3 Rachel Meltzer Assistant Prfessr f Urban Plicy Analysis and Management, The New Schl Des Gentrificatin Increase Emplyment Opprtunities in Lw-Incme Neighbrhds? Tdd Swanstrm E. Desmnd Lee Endwed Prfessr in Cmmunity Cllabratin and Public Plicy, University f Missuri St. Luis Rebund Neighbrhds and Ecnmic Opprtunity: The Case f St. Luis Mderatr: Eric Rbertsn President, Cmmunity LIFT and River City Capital Discussant: Dinissi Aliprantis Research Ecnmist, Federal Reserve Bank f Cleveland 3:15 p.m. Break 3:45 p.m. Intrductin f Gvernr Brainard Jseph Firschein Deputy Assciate Directr, Divisin f Cnsumer and Cmmunity Affairs, Bard f Gvernrs f the Federal Reserve System Ecnmic Mbility and Yung Wrkers Lael Brainard Member, Bard f Gvernrs f the Federal Reserve System 4:15 p.m. Ecnmic Mbility: Cmmunities Rbert J. Sampsn Henry Frd II Prfessr f the Scial Sciences; Directr f the Bstn Area Research Initiative, Harvard University Individual and Cmmunity Ecnmic Mbility in the Great Recessin Era Rucker Jhnsn Assciate Prfessr f Public Plicy, Gldman Schl f Public Plicy, University f Califrnia, Berkeley Can Schls Level the Intergeneratinal Playing Field? Lessns frm Equal Educatinal Opprtunity Plicies Mderatr: Paul Weech President and CEO, NeighbrWrks America Discussant: Ingrid Guld Ellen Paulette Gddard Prfessr f Urban Plicy and Planning, Rbert F. Wagner Graduate Schl f Public Service; Directr, Furman Center fr Real Estate and Urban Plicy, New Yrk University 5:45 p.m. Receptin Featuring Pster Presentatins 3

4 FRIDAY, APRIL 3 7:00 a.m. Breakfast 8:30 a.m. Intrductin f President Kcherlakta Michael Grver Assistant Vice President, Cmmunity Develpment, Federal Reserve Bank f Minneaplis Welcming Remarks Narayana Kcherlakta President and CEO, Federal Reserve Bank f Minneaplis 9:00 a.m. Ecnmic Mbility: The Ecnmy Gustav A. Marrer Assciate Prfessr f Ecnmics, Universidad de la Laguna; and Juan Gabriel Rdriguez Assciate Prfessr, Department f Ecnmic Analysis, Universidad Cmplutense de Madrid Inequality... f Opprtunity and Ecnmic Perfrmance Eric A. Hanushek Paul and Jean Hanna Senir Fellw, Hver Institutin, Stanfrd University Skills, Mbility, and Grwth Mderatr: Francisc H.G. Ferreira Chief Ecnmist Africa, The Wrld Bank Discussant: Karen Dynan Assistant Secretary fr Ecnmic Plicy and Chief Ecnmist, U.S. Department f the Treasury 10:30 a.m. Break 11:00 a.m. Cncurrent Sessins I. The Dynamics f Place Mlly W. Metzger Assistant Prfessr, Gerge Warren Brwn Schl f Scial Wrk, Washingtn University in St. Luis Patterns f Husing Vucher Use Revisited: Segregatin and Sectin 8 Using Updated Data and Mre Precise Cmparisn Grups, 2013 Gerge Galster Distinguished Prfessr, Department f Urban Studies & Planning, Wayne State University Adlescent Neighbrhd Cntext and Yung Adult Ecnmic Outcmes fr Lw-Incme African-Americans and Latins Henry O. Pllakwski Senir Ecnmist, MIT Center fr Real Estate; Senir Research Fellw, Graduate Schl f Design, Harvard University Childhd Husing and Adult Earnings: A Between-Siblings Analysis f Husing Vuchers and Public Husing Mderatr: Kristin Faust President, Neighbrhd Husing Services f Chicag Discussant: William A. (Sandy) Darity, Jr. Samuel DuBis Ck Prfessr f Public Plicy; Prfessr f Ecnmics, Duke University 4

5 II. Incme, Wealth, and Family Structure Jnathan Mrduch Prfessr f Public Plicy and Ecnmics, Wagner Graduate Schl f Public Service, New Yrk University; Managing Directr, Financial Access Initiative Incme Gains and Mnth-t-Mnth Incme Vlatility: Husehld Evidence frm the U.S. Financial Diaries Rbert A. Pllak Hernreich Distinguished Prfessr f Ecnmics, Olin Business Schl, Washingtn University in St. Luis Chabitatin and the Uneven Retreat frm Marriage in the U.S., Hannah Thmas Senir Analyst, Abt Assciates; and Tatjana Meschede Directr f Research, Institute n Assets and Scial Plicy, The Heller Schl fr Scial Plicy and Management, Brandeis University Wealth Mbility f Families Raising Children in the 21 st Century Mderatr: Signe-Mary McKernan Senir Fellw; C-Directr, Opprtunity and Ownership Prject, The Urban Institute Discussant: Rn Haskins C-Directr, Center n Children and Families, Budgeting fr Natinal Pririties; Senir Fellw, Ecnmic Studies; The Cabt Family Chair, Brkings Institutin III. Structure, Opprtunities, and the Brader Ecnmy Richard B. Freeman Herbert Ascherman Prfessr f Ecnmics and Faculty C- Directr, Labr and Wrklife Prgram, Harvard University; Senir Research Fellw in Labur Markets, Lndn Schl f Ecnmics; and Eunice Han Visiting Lecturer in Ecnmics, Wellesley Cllege Hw Des Declining Uninism Affect the American Middle Class and Inter-generatinal Mbility? Ry Van der Weide Ecnmist, Develpment Research Grup, The Wrld Bank Inequality Is Bad fr Grwth f the Pr (But Nt fr That f the Rich) Jeff Larrimre Ecnmist, Federal Reserve Bard f Gvernrs Incme and Earnings Mbility in U.S. Tax Data Mderatr: Heather Bushey Executive Directr and Chief Ecnmist, Washingtn Center fr Equitable Grwth Discussant: David S. Jhnsn Chief Ecnmist, Bureau f Ecnmic Analysis, U.S. Department f Cmmerce 12:30 p.m. Lunch Intrductin f President Bullard Yvnne Sparks Assistant Vice President, Cmmunity Develpment, Federal Reserve Bank f St. Luis Remarks and Intrductin f Keynte Speaker James Bullard President and CEO, Federal Reserve Bank f St. Luis 5

6 The Rle f Central Banks in Prmting Equality and Equality f Opprtunity Jseph E. Stiglitz University Prfessr, Clumbia University 2:00 p.m. Cncluding Remarks Anna Alvarez Byd Senir Assciate Directr, Divisin f Cnsumer and Cmmunity Affairs, Bard f Gvernrs f the Federal Reserve System 6

Wardman Park Marriott Hotel Washington, D.C. DRAFT AGENDA

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