Firm-dynamics, factors reallocation and organization of production in the context of COVID-19

Thursday, 14 October 2021

10h30

Registration and Coffee 

10h45

 Official Welcome by Chairman of CompNet and Banque de France 

Session 1 - The impact of the pandemic on productivity and business dynamism
Chair/discussant – Jan de Loecker (Katholieke Univ., Leuven)*

11h15

“Firm-level heterogeneity in the impact of the COVID-19 pandemic” 
By Alejandro Fernandez-Cerezo (Bank of Spain, BoS), Beatriz Gonzalez (BoS), Mario 
Izquierdo (BoS) & Enrique Moral-Benito (BoS) 

11h45

“Business Dynamism and Productivity in a Pandemic”
By Guido Ascari (Univ. of Oxford, Univ. of Pavia), Andrea Colciago (Bank of The Netherlands, Univ. of Milano-Bicocca) & Riccardo Silvestrini (Erasmus Univ. Rotterdam, Tinbergen Institute)

12h15

Discussion and Q&A

12h45

Lunch & Poster Session 

14h00

Session 2 - The international dimension of firms: supply chains and corporate tax avoidance
Chair/discussant – Carlo Altomonte (Bocconi Univ.)

15h00

“Covid-19 Supply Chain Disruptions”
By Matthias Meier (Univ. Mannheim) & Eugenio Pinto (Federal Reserve Board)

“Corporate Tax Avoidance and Industry Concentration”
By Julien Martin (Univ. du Québec à Montréal & CEPR), Mathieu Parenti (Univ. Libre de Bruxelles & CEPR) & Farid Toubal (Univ. Paris-Dauphine- PSL, CEPII, CESifo & CEP)

Discussion and Q&A

16h30

Break

17h00

Policy Panel: Isabel Vansteenkiste (ECB), Deborah Revoltella (EIB), Rolf Strauch 
(ESM)*, Agnès Benassy-Quere (French Treasury) & Reint Gropp* (IWH Halle) 

Chair: Filippo di Mauro (CompNet) 

18h30

Networking and Poster Session 

Friday, 15 October 2021 
 

Session 3 -Covid and productivity, what role for creative destruction?

Chair/discussant – Javier Miranda (IWH Halle) 

09h00

“The Impact of COVID-19 on Productivity” 
By Nicholas Bloom (Stanford Univ.), Philip Bunn (Bank of England, BoE), Paul Mizen 
(Nottingham Univ.), Pawel Smietanka (BoE) & Gregory Thwaites (Nottingham Univ.) 

“COVID-19, Productivity and Reallocation Timely evidence from three OECD 
countries” 

By Dan Andrews (OECD), Andrew Charlton (Macquarie Univ. & e61 Institute) & Angus 
Moore (Accenture) 
Discussion and Q&A 

Session 4 -Tracking the Covid impact in Real-Time, the use of innovative data 

Chair/discussant – Eric Bartelsman (Tinbergen Institute) 

11h00

“A Resilient Economy? Business Creation in the UK during COVID-19” 
By Anthony Savagar (Univ. of Kent), Sophie Piton (BoE) & Saleem Bahaj (BoE) 

“Tracking the Footprints of COVID-19: A Textual Study of the Collapse and 
Recovery” 

By Shijie Shi (World Bank) &Temel Taskin (World Bank) 
Discussion and Q&A 

Lunch & Poster Session 

14h00

Keynote: Laura Alfaro (Harvard Business School)

Session 5 -Management practices and automation: individual country evidence 

Chair/discussant – Chad Syverson (Univ. of Chicago) 

15h00

“What Are the Labor and Product Market Effects of Automation? New Evidence 
from France” 

By Philippe Aghion (Collège de France & LSE), Celine Antonin (Sciences Po & OFCE), 
Simon Bunel (BdF & PSE) & Xavier Jaravel (LSE) 

“Management practices and resilience to shocks: Evidence from COVID-19” 

By Andrea Lamorgese (Bank of Italy, BoI), Megha Patnaik (Luiss Univ. & CEPR), Andrea 
Linarello (BoI) & Fabiano Schivardi (Luiss Univ., EIEF & CEPR) 
Discussion and Q&A 

16h30

END of Conference 

POSTER SESSIONS, papers to be presented during breaks:

1. “Hibernating during the pandemic. A quantitative assessment of business failures and risk of zombification of French firms”, by Raul Sampognaro (OFCE-Sciences Po)
2. “Resource allocation with markups and policy distortions: is the covariance always informative?” by Filippo Biondi (KU Leuven & Research Foundation Flanders)
3. “European Firm Concentration and Aggregate Productivity” by Matthias Mertens (IWH and CompNet), Tommaso Bighelli (IWH & CompNet), Filippo di Mauro (IWH, NUS and CompNet) & Marc Melitz (Harvard Univ.)
4. “COVID-19 government support and its consequences for the pandemic productivity: a cross-country evidence” by Tommaso Bighelli (IWH & CompNet) & Tibor Lalinsky (National Bank of Slovakia)

*  Virtual