2011 Workshop

May 25-27, 2011 Jon M. Huntsman School of Business, Utah State University; Logan, Utah

Keynote Speaker:

Carlos Garriga, Senior Economist at the Federal Reserve Bank of St. Louis. Carlos's research has primarily focused on fiscal design and reform of social security and on housing finance, housing price dynamics, and residential investment. His published work has appeared in researchoutlets such as the Journal of Monetary Economics, International Economic Review, Review of Economic Dynamics, Economic Letters, Macroeconomic Dynamics, and the Journal of the European Economic Association, among many others.

Program:

Wednesday May 25

6:00pm - 8:30pm Check-In & Complimentary Opening Dinner at Elements Restaurant

Thursday May 26

7:45am - 8:30am Complimentary Breakfast at the David B. Haight Alumni Center, Utah State University

8:30am - 10:00am Keynote: Intergenerational Policy andthe Measurement of the Tax Incidence of Unfunded Liabilities

Carlos Garriga, Federal Reserve Bank of St. Louis

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10:00am - 10:45am Procession to 9th Floor ofEccles Business Building, Jon M. Huntsman School of Business

10:45am - 11:45am When the Social Security Trust Fund Runs Out: Linearization about the Current State

Kerk Phillips, Brigham Young University

Coauthor: Richard W. Evans, Brigham Young University Coauthor: Jeremy Perdue, Brigham Young University
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12:00pm - 1:00pm Accounting for Non-annuitization

Svetlana Pashchenko, University of Virginia

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1:00pm - 2:00pm Complimentary Lunch

2:00pm - 3:00pm Social Security and the Rise in Health Spending: A Macroeconomic Analysis

Kai (Jackie) Zhao,University of Western Ontario

3:15pm -4:15pm Minimum Wages and Youth Employment

Aspen Gorry, University of California-Santa Cruz

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4:30pm -5:30pm How Should Unfunded Social Security be Financed?

Emin Gahramanov, Deakin University

Coauthor: Xueli Tang, Deakin University

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6:00pm - 9:00pm Complimentary Dinner & Campfire in Logan Canyon (Spring Hollow Campground; Group B Site)

Friday May 27

8:30am - 9:30amThe Welfare Cost of Medicare

Hui He, University of Hawaii

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9:45am - 10:45am Consumption Smoothing and Portfolio Rebalancing: The Effects of Adjustment Costs

Guozhong (John)Zhu, Peking University

Coauthor: Yosef Bonaparte, Claremont McKenna College

Coauthor: Russell Cooper, European University Institute and University of Texas-Austin

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11:00am - 12:00pm Front-loaded Contracts in Health Insurance Markets: How Valuable is Guaranteed Renewability?

Ponpoje (Poe) Porapakkarm, University of Macau

Coauthor: Svetlana Pashchenko, University of Virginia

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12:00pm - 1:00pm Complimentary Lunch

1:00pm - 2:00pm Rising Indebtedness and Hyperbolic Discounting: A Welfare Analysis

Makoto Nakajima, Federal Reserve Bank of Philiadelphia

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2:15pm -3:15pm Adverse Selection in the Annuity Market and The Role for Social Security

Roozbeh Hosseini, Arizona State University

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3:30pm - 4:30pm Reforming Estate Taxation by Reversing the Generation-Skipping Transfer Tax

James Feigenbaum, Utah State University

Coauthor: T. Scott Findley, Utah State University

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5:00pm - 8:00pm Complimentary Dinner & Closing