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Agenda and Speakers
Conference Materials and Videos
Why Economic Mobility?

Thursday, April 2

Welcome

  • Eric Belsky — Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System
    Video

 

Opening Remarks

  • Janet Yellen — Chair, Board of Governors of the Federal Reserve System
    Video

 

Overview of the Conference

  • David Buchholz — Assistant Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System
    Video
  • Ray Boshara — Senior Advisor and Director, Center for Household Financial Stability, Federal Reserve Bank of St. Louis
    Video

 

The State of Economic Mobility and Why It Matters

  • Raj Chetty — Bloomberg Professor of Economics, Harvard University
    Video | Presentation
  • Scott Winship — Walter B. Wriston Fellow — Manhattan Institute for Policy Research
    Video | Presentation
  • Katherine S. Newman — Provost and Senior Vice Chancellor for Academic Affairs, University of Massachusetts Amherst
    Video
  • Moderator: Sarah Rosen Wartell — President, The Urban Institute
    Panel Video

 

Economic Mobility: Families

  • Neil Howe — Founder and President, Saeculum Research; and
    Diana Elliott, Research Manager, Financial Security and Mobility Project, The Pew Charitable Trusts
    Mobility Within and Across Generations: Where We’ve Been and Prospects for the Future
    Video | Presentation
  • Robert D. Putnam , Peter and Isabel Malkin Professor of Public Policy, Kennedy School of Government, Harvard University
    How Do Parents Affect their Children’s Mobility? Family Structure, Parenting, Schooling, and Connections
    Video | Presentation

  • Moderator: Angela Glover Blackwell — Founder and CEO, PolicyLink
    Video
  • Discussant: Isabel V. Sawhill — Co-Director, Center on Children and Families, Budgeting for National Priorities; Senior Fellow, Economic Studies, Brookings Institution
    Video

 

Concurrent Sessions

I.   Mobility Across Generations

  • Jonathan L. Rothbaum — Economist – Social, Economic, and Housing Statistics, U.S. Census Bureau
    Parent Characteristics and the Geography of Mobility
    Paper | Presentation
  • Victoria L. Bryant — Statistics and Income Division, Internal Revenue Service
    New Estimates of Intergenerational Economic Mobility Using Administrative Data
    Presentation
  • Fabian T. Pfeffer — Research Assistant Professor, Survey Research Center; Faculty Associate, Population Studies Center, Institute for Social Research, University of Michigan
    How Rigid Is the Wealth Structure? Inter- and Multigenerational Correlations in Family Wealthh
    Paper | Presentation
  • Moderator: Erin Currier — Founder and CEO, PolicyLink
  • Discussant: Trina Williams Shanks — Associate Professor of Social Work; Faculty Associate, Survey Research Center, Institute for Social Research, University of Michigan

 

II. The Role of Financial Services

  • Raphael Bostic — Professor; Judith and John Bedrosian Chair in Governance and the Public Enterprise, Sol Price School of Public Policy, University of Southern California
    Credit Market Innovations and Sustainable Homeownership: The Case of Non-Traditional Mortgage Products
    Paper | Presentation
  • Lisa Servon — Professor of Urban Policy, The New School
    Reframing the Debate About Financial Inclusion: Evidence from an Up-Close View of Alternative Financial Services
    Paper | Presentation
  • Meta Brown — Senior Economist, Federal Reserve Bank of New York
    Stepping Stone or Quicksand? The Role of Consumer Debt in the U.S. Geography of Mobilityh
    Paper | Presentation
  • Moderator: W. Thomas Reeves — President, Pulaski Bank
  • Discussant: Barry Cynamon — Visiting Scholar, Center for Household Financial Stability, Federal Reserve Bank of St. Louis

 

III. Neighborhoods and Economic Mobility

  • Darrick Hamilton — Associate Professor of Urban Policy, The New School
    National Asset Scorecard in Communities of Color (NASCC) Project
    Presentation
  • Rachel Meltzer — Assistant Professor of Urban Policy Analysis and Management, The New School
    Does Gentrification Increase Employment Opportunities in Low-Income Neighborhoods?
    Paper | Presentation
  • Todd Swanstrom — E. Desmond Lee Endowed Professor in Community Collaboration and Public Policy, University of Missouri–St. Louis
    Rebound Neighborhoods and Economic Opportunity: The Case of St. Louis
    Paper | Presentation
  • Moderator: Eric Robertson — President, Community LIFT and River City Capital
  • Discussant: Dionissi Aliprantis — Research Economist, Federal Reserve Bank of Cleveland

 

Introduction of Governor Brainard

  • Joseph Firschein  — Deputy Associate Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System

Economic Mobility and Young Workers

  • Lael Brainard — Member, Board of Governors of the Federal Reserve System
    Video | Q&A Video

 

Economic Mobility: Communities

  • Robert J. Sampson  — Henry Ford II Professor of the Social Sciences; Director of the Boston
    Individual and Community Economic Mobility in the Great Recession Era
    Video | Paper | Presentation
  • Rucker Johnson — Associate Professor of Public Policy, Goldman School of Public Policy, University of California, Berkeley
    Can Schools Level the Intergenerational Playing Field? Lessons from Equal Educational Opportunity Policies
    Video | Presentation
  • Moderator: Paul Weech — President and CEO, NeighborWorks America
  • Discussant: Ingrid Gould Ellen — Paulette Goddard Professor of Urban Policy and Planning, Robert F. Wagner Graduate School of Public Service; Director, Furman Center for Real Estate and Urban Policy, New York University
    Video | Presentation | Q&A Video

 

Friday, April 3

Introduction of President Kocherlakota

  • Michael Grover — Assistant Vice President, Community Development, Federal Reserve Bank of Minneapolis

 

Welcoming Remarks

  • Narayana Kocherlakota  — President and CEO, Federal Reserve Bank of Minneapolis
    Video | Presentation

 

Economic Mobility: The Economy

  • Gustavo A. Marrero  — Associate Professor of Economics, Universidad de la Laguna; and
    Juan Gabriel Rodriguez  — Associate Professor, Department of Economic Analysis, Universidad Complutense de Madrid
    Skills, Mobility, and Growth
    Video | Paper | Presentation
  • Eric A. Hanushek — Paul and Jean Hanna Senior Fellow, Hoover Institution, Stanford University
    Can Schools Level the Intergenerational Playing Field? Lessons from Equal Educational Opportunity Policies
    Video | Paper | Presentation
  • Moderator: Francisco H.G. Ferreira — Chief Economist–Africa, The World Bank
  • Discussant: Karen Dynan — Assistant Secretary for Economic Policy and Chief Economist, U.S. Department of the Treasury
    Presentation | Q&A Video

 

Concurrent Sessions

I. The Dynamics of Place

  • Molly W. Metzger — Assistant Professor, George Warren Brown School of Social Work, Washington University in St. Louis
    Patterns of Housing Voucher Use Revisited: Segregation and Section 8 Using Updated Data and More Precise Comparison Groups, 2013
    Paper | Presentation
  • George Galster — Distinguished Professor, Department of Urban Studies & Planning, Wayne State University
    Adolescent Neighborhood Context and Young Adult Economic Outcomes for Low-Income African-Americans and Latinos
    Paper | Presentation
  • Henry O. Pollakowski — Senior Economist, MIT Center for Real Estate; Senior Research Fellow, Graduate School of Design, Harvard University
    Childhood Housing and Adult Earnings: A Between-Siblings Analysis of Housing Vouchers and Public Housingh
    Paper | Presentation
  • Moderator: Kristin Faust — President, Neighborhood Housing Services of Chicago
  • Discussant: William A. (Sandy) Darity, Jr. — Samuel DuBois Cook Professor of Public Policy; Professor of Economics, Duke University

 

II. Income, Wealth, and Family Structure

  • Jonathan Morduch — Professor of Public Policy and Economics, Wagner Graduate School of Public Service, New York University; Managing Director, Financial Access Initiative
    Income Gains and Month-to-Month Income Volatility: Household Evidence from the U.S. Financial Diaries
    Paper | Presentation
  • Robert A. Pollak — Hernreich Distinguished Professor of Economics, Olin Business School, Washington University in St. Louis
    Cohabitation and the Uneven Retreat from Marriage in the U.S., 1950-2010
    Paper | Presentation
  • Hannah Thomas — Senior Analyst, Abt Associates; and
    Tatjana Meschede — Director of Research, Institute on Assets and Social Policy, The Heller School for Social Policy and Management, Brandeis University
    Wealth Mobility of Families Raising Children in the 21st Century
    Paper | Presentation
  • Moderator: Signe-Mary McKernan — Senior Fellow; Co-Director, Opportunity and Ownership Project, The Urban Institute
    Presentation
  • Discussant: Ron Haskins — Co-Director, Center on Children and Families, Budgeting for National Priorities; Senior Fellow, Economic Studies; The Cabot Family Chair, Brookings Institution

 

III. Structure, Opportunities, and the Broader Economy

  • Richard B. Freeman — Herbert Ascherman Professor of Economics and Faculty Co-Director, Labor and Worklife Program, Harvard University; Senior Research Fellow in Labour Markets, London School of Economics; and
    Eunice Han — Visiting Lecturer in Economics, Wellesley College
    How Does Declining Unionism Affect the American Middle Class and Inter-generational Mobility?
    Paper | Presentation
  • Roy Van der Weide — Economist, Development Research Group, The World Bank
    Inequality Is Bad for Growth of the Poor (But Not for That of the Rich)
    Paper | Presentation
  • Jeff Larrimore — Economist, Federal Reserve Board of Governors
    Income and Earnings Mobility in U.S. Tax Data
    Paper | Presentation
  • Moderator: Heather Boushey — Executive Director and Chief Economist, Washington Center for Equitable Growth
    Presentation
  • Discussant: David S. Johnson — Chief Economist, Bureau of Economic Analysis, U.S. Department of Commerce
    Presentation

 

Introduction of President Bullard

  • Yvonne Sparks  — Assistant Vice President, Community Development, Federal Reserve Bank of St. Louis

 

Remarks and Introduction of Keynote Speaker

  • James Bullard  — President and CEO, Federal Reserve Bank of St. Louis
    Video

 

The Role of Central Banks in Promoting Equality and Equality of Opportunity

  • Joseph E. Stiglitz  — University Professor, Columbia University
    Video  | Q&A Video

 

Concluding Remarks

  • Anna Alvarez Boyd  — Senior Associate Director, Division of Consumer and Community Affairs, Board of Governors of the Federal Reserve System
    Video

 

Poster Presentations

  • Megan Hanbury  — Post-Doctoral Scholar, Center for Transnational Health, University of California, Davis; and
    Rosa Gomez-Camacho  — Research Analyst, Center for Transnational Health, University of California, Davis
    Economic Mobility Among Mexican-Origin Immigrants in California’s Central Valley: Age of Immigration Matters
    • Co-Author:
      • Adela de la Torre  — Center for Transnational Health, University of California, Davis
    Poster
  • Susan Longworth  — Senior Business Economist, Community Development and Policy Studies, Federal Reserve Bank of Chicago
    Exploring the Correlations between Health and Community Socioeconomic Status in Chicago
    Poster
  • Elijah Knaap  — Ph.D. Candidate in Urban Studies, University of Maryland
    Accessing Opportunity: Networks and Neighborhood Effects
  • Iryna Kyzyma  — Doctoral Fellow, Luxembourg Institute of Socioeconomic Research (formerly CEPS/INSTEAD); Ph.D. Fellow, Economics and Social Sciences, University of Bremen; and IZA Bonn
    Behind a Stable Poverty Rate: Changes in the Duration of Poverty Episodes in the U.S. Since the Mid-1980s
    Poster
  • Michael Chow  — Senior Data Analyst, National Federation of Independent Businesses
    Comparative Patterns in Earnings and Economic Outcomes between Business Owners and Non-Business Owners: Findings from the National Longitudinal Survey of Youth
    Poster
  • Catherine Haggerty  — Vice President, NORC at the University of Chicago
    Doubling Up Among Low-Income Families Before and During the Great Recession
    • Co-Authors:
      • Kate Bachtell (principal)  — NORC at the University of Chicago
      • Arthur Kennickell  — NBoard of Governors of the Federal Reserve System
  • Owen J. Furuseth  — Associate Provost for Metropolitan Studies and Extended Academic Programs, The University of North Carolina at Charlotte; and
    Laura Simmons  — Social Research Specialist Director, Charlotte Regional Indicators Project, The University of North Carolina at Charlotte Urban Institute
    Using Neighborhood Data to Measure and Impact Economic Opportunity: Lessons from Charlotte, North Carolina
    • Co-Authors:
      • Rebecca Hefner  — City of Charlotte
      • John Chesser  — Mecklenburg County, NC
      • Katie Zager  — The University of North Carolina at Charlotte
    Poster
  • Vincent Reina  — Doctoral Candidate, Sol Price School of Public Policy, University of Southern California
    Are They Protected? A National Analysis of What Happens to Subsidized Tenants When an Owner Opts Out
    • Co-Author:
      • Ben J. Winter  — U.S. Department of Housing and Urban Development
    Poster
  • Minghao Li  — Ph.D. Candidate, Department of AESE and NERCRD, Pennsylvania State University;
    Stephan Goetz  — Professor, Department of AESE and NERCRD, Pennsylvania State University; and
    Bruce Weber  — Professor, Department of Applied Economics, Oregon State University
    County-Level Determinants of Intergenerational Economic Mobility
    Poster
  • Terri Friedline  — Assistant Professor, Assets and Education Initiative, School of Social Welfare, University of Kansas
    The Potential for Savings Accounts to Protect Young Adults from Unsecured Debt
    • Co-Author:
      • Allison Freeman  — University of North Carolina-Chapel Hill
    Poster
  • Marisabel Torres  — Senior Policy Analyst, Wealth-Building Policy Project, National Council of La Raza
    Banking in Color: New Findings on Financial Access for Low- and Moderate-Income Communities
    • Co-Authors:
      • National Council of La Raza
      • National Urban League
      • National Coalition for Asian Pacific American Community Development
  • Jenny Schuetz  — Economist, Board of Governors of the Federal Reserve System
    Investing in Distressed Communities: Outcomes from the Neighborhood Stabilization Program
    • Co-Authors:
      • Jonathan Spader  — Abt Associates
      • Jennifer Lewis Buell  — Abt Associates
      • Kimberly Burnett  — Abt Associates
      • Larry Buron  — Abt Associates
      • Alvaro Cortes  — Abt Associates
      • Michael DiDomenico  — Abt Associates
      • Anna Jefferson  — Abt Associates
      • Christian Redfearn  — University of Southern California
      • Stephen Whitlow  — Abt Associates
    Poster
  • Michal Grinstein-Weiss  — Associate Director, Center for Social Development, George Warren Brown School of Social Work, Washington University in St. Louis; and
    Blair Russell  — Senior Statistical Data Analyst, Center for Social Development, George Warren Brown School of Social Work, Washington University in St. Louis
    Increasing Tax-Time Saving through Behavioral Interventions: Evidence from the 2013 Refund-to-Savings Experiment
    • Co-Authors:
      • Krista Comer  — Washington University in St. Louis
      • Dana Perantie  — Washington University in St. Louis
      • Clinton Key  — Pew Charitable Trust
      • Dan Ariely  — Duke University
    Poster
  • Dionissi Aliprantis  — Research Economist, Federal Reserve Bank of Cleveland
    Evidence of Neighborhood Effects from MTO: LATEs of Neighborhood Quality
    • Co-Author:
      • Francisca G.-C. Richter  — Case Western Reserve University
    Poster
  • Chyi-Lyi (Kathleen) Liang  — Professor, Community Development and Applied Economics, The University of Vermont
    Examining the Relationship between Off Farm Employment, Multifunctionality, Economic Mobility, and Rural Development
    • Co-Author:
      • Paul Dunn  — The University of Louisiana at Monroe
    Poster
  • Lance Palmer  — Associate Professor, College of Family and Consumer Sciences, The University of Georgia
    Financial Resiliency Following Bankruptcy: An Examination of the Enabling Capital Structures of Households Emerging from Bankruptcy
    • Co-Authors:
      • Vibha Bhargava  — The University of Georgia
      • Swarn Chatterjee  — The University of Georgia
  • Rebecca Diaz  — Senior Research Associate, WestEd
    Parenting Is an Economic Issue
    • Co-Authors:
      • Michelle Sioson Hyman  — Silicon Valley Community Foundation
      • Fernando Rodriguez  — WestEd
    Poster
  • Gerald Auten  — Senior Research Economist, U.S. Department of the Treasury
    Dimensions of Income Mobility: Children and Parents Over 25 Years
    • Co-Authors:
      • Geoffrey Gee  — U.S. Department of the Treasury
      • Nicholas Turner  — U.S. Department of the Treasury
    Poster
  • Martha Stinson  — Economist, U.S. Census Bureau
    Is There an Advantage to Working? The Relationship between Maternal Employment and Intergenerational Mobility
    • Co-Author:
      • Peter Gottschalk  — Boston College
    Poster