Firms in times of the pandemic

Banque de France, Banca d’Italia and Sciences Po, in cooperation with the CEPR, are organizing their third joint research conference on trends in firm organization, firm financing and firm dynamics, to be held on the 4th of December 2020.

This year’s issue of the conference particularly welcomes contributions that aim at highlighting the immediate and the longer-term consequences of the Covid-19 pandemic for firms, in Europe and beyond, as well as assessing the cost and benefits of policies targeted at firms during the first wave of the pandemic in the first semester of 2020.
 

REGISTRATION FORM is mandatory
 

Program

8:50 – 9:00Welcome address
9:00 – 9:40Session 1: Firm Dynamics Chair: F. Lotti – Banca d’Italia
Firm Behavior during an Epidemic
Luiz Brotherhood (Universitat de Barcelona) & Vahagn Jerbashian (Universitat de Barcelona)
9:40 – 10:20Costs and benefits of closing businesses in a pandemic
Jean-Noël Barrot (HEC Paris), Basile Grassi (Bocconi University) & Julien Sauvagnat (Bocconi University)
10:20 – 10:30Break
10:30 – 11:10Session 2: Labour Chair: F. Savignac – Banque de France
Changing Skill Structure and COVID-19
Elena Mattana (Aarhus University), Valérie Smeets (Aarhus University) & Frédéric Warzynski (Aarhus University)
11:10 – 11:50The Short- and Long-run Employment Impact of Covid-19 through the Effects of Real and Financial Shocks on New Firms
Albert Christoph (CEMFI), Andrea Caggese (UPF) & Béatriz Gónzalez (Banco de España)
11:50 – 12:00Break
12:00 – 12:50Keynote 1: Unravelling deep integration : local labour market effects of the Brexit vote
Beata Javorcik (Oxford University, EBRD) Chair: T. Mayer – Sciences Po
12:50 – 14:00Lunch time
14:00 – 14:40Session 3: Trade / Natural disasters Chair: F. Cingano – Banca d’Italia
Managing Global Production: Theory and Evidence from Just-In-Time Supply Chains
Frank Pisch (University of St Gallen)
14:40 – 15:20Natural disasters and business groups: Propagation through ownership networks and reshoring dynamics
Filippo Boeri (LSE) & Riccardo Crescenzi (LSE)
15:20 – 15:30Break
15:30 – 16:20Keynote 2: A simple method to measure misallocation using natural experiments
David Thesmar (MIT) Chair: S. Guibaud – Sciences Po
16:20 – 16:30Break
16:30 – 17:10Session 4: Firm financing Chair: J-S. Mésonnier – Banque de France
The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firm's Expectations and Plans
Pierluigi Balduzzi (Boston College), Emanuele Brancati (Sapienza University of Rome), Marco Brianti (Boston College) & Fabio Schiantarelli (Boston College)
17:10 – 17:50The Credit Line Channel
Daniel Greenwald (MIT), John Krainer (Board of Governors of the Federal Reserve) & Pascal Paul, (Federal Reserve Bank of San Francisco)
17:50 – 18:00Conclusion and adjourn

Program Committee: Federico Cingano (Banca d’Italia), Stéphane Guibaud (Sciences Po), Francesca Lotti (Banca d’Italia), Thierry Mayer (SciencesPo), Jean-Stéphane Mésonnier (Banque de France), Frédérique Savignac (Banque de France).          

Updated on: 11/30/2020 12:43