NSF Award to Support Macrofinance Research

Friday, Jul 17, 2020

 The National Science Foundation has awarded funding to Atif Mian, Ernest Liu and Karsten Müller for macrofinance related research. Mian is John H. Laporte, Jr. Class of 1967 Professor of Economics, Public Policy and Finance at Princeton University, and Director of the Julis-Rabinowitz Center for Public Policy & Finance (JRCPPF) at the Woodrow Wilson School. Ernest Liu is Assistant Professor of Economics and a former postdoctoral associate at the JRCPPF. Karsten Müller is currently a JRCPPF postdoctoral associate.

The award will support the ongoing work of the Center’s Macrofinance Lab. The project will develop an open-source textbook and data-sharing platform to promote teaching and research about the linkages between finance, debt, and macro-level outcomes. The textbook will help disseminate new micro-empirical techniques and datasets, grounding each topic in a discussion of its theoretical foundations. Data and instructional resources will be freely available to students and researchers via the project website. The codebase will be accessible on Github, a platform for open-source software development. In addition to standardizing currently available data on macrofinancial variables, the project will digitize new data on (i) US County Business Patterns, (ii) Global Sectoral Credit and National Accounts, (iii) International Loan Contracts.

Visit https://macrofinance.princeton.edu/ for more information.

Papers, Videos, and Slides

Property Rights & Taxation

Moderator: Atif Mian, Princeton University

Anthony Lee Zhang, Ph.D. Candidate, Stanford Graduate School of Business
"Competition Policy and Price Discovery" | Slides



Matthew Prewitt, Deputy Director, RadicalxChange
"Ownership & Punishment" | Slides



Robin Hanson, Associate Professor of Economics, George Mason University
"Decentralized Zoning via Conditional Harberger Taxes" | Slides


Decentralization and Competition

Moderator: Ernest Liu, Princeton University

Steve Randy Waldman, interfluidity.com
"a tao of (de)centralization" | Slides


Rachel Cummings, Assistant Professor of Industrial and Systems Engineering and Computer Science, Georgia Tech
"Market Design for Personal Data" | Slides


Ioana Marinescu, Assistant Professor of Economics, University of Pennsylvania
"Labor Market Concentration and Legal Implications" | Slides



Moderator: Karsten Müller, Postdoctoral Research Associate, Princeton University

Devon Zuegel, Engineer, Github
"What can physical infrastructure teach us about open source?" | Slides


Zoë Hitzig, Ph.D. Candidate, Department of Economics, Harvard University
"Optimal Matching Funds for Public Goods" | Slides


Nicole Immorlica, Senior Researcher, Microsoft Research-New England
"Quadratic Voting" | Slides





Ananya Chakravarti, Assistant Professor of History, Georgetown University
"Multidisciplinary Academic Research and RadicalxChange" | Slides 

Lucas Geiger, Co-founder, Wireline
"Open-source cloud application marketplaces" | Slides 

Aparna Krishnan, Executive Vice-President, Blockchain Berkeley
"Mechanism Design and Decentralized Finance" | Slides

Moderator: Matthew Prewitt, RadicalxChange

Video of Session 4: Organization


Keynote: The Political Economy of Increasing Returns
Glen Weyl, Principal Researcher, Microsoft Research and Visiting Research Scholar, Princeton University
"The Political Economy of Increasing Returns" | Slides 

Video of Keynote Address