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MadMac Conference in Growth and Development

Social Sciences Scientific Meeting June 27 and 28, 2016 Madrid

General information

Venue: Fundación Ramón Areces, Vitruvio, 5. 28006. Madrid
Limited capacity

  • Free registration

Organized by:

Fundación Ramón Areces

In cooperation with:



Josep Pijoan-MasCentro de Estudios Monetarios y Financieros (CEMFI)


Raúl Santaeulalia-LlopisWashington University in St Louis

  • Description
  • Programme

The difference in living standards between countries has increased since the middle of last century. However, several countries have embarked on a development path leading them to converge with World leaders. It is therefore essential to understand what economic forces allow the takeoff of some economies and slow down others. The MadMac Growth and Development Conference presents the most recent work in this field, focusing on topics such as technological development, migration between rural and urban areas, or reallocation of resources across sectors.

Monday, 27


Rising Inequality and Trends in Leisure

Timo Boppart
Institute for International Economic Studies (IIES).

Rachel Ngai
London School of Economics.


How do Average Hours Worked Vary with Development? Cross-Country Evidence and Implications

Alex Bick
Arizona State University.
Nicola Fuchs-Schündeln
Goethe University.
David Lagakos
University California San Diego.




Investment Demand and Structural Change

Josep Pijoan-Mas
Centro de Estudios Monetarios y Financieros (CEMFI).
Manuel García-Santana
Universitat Pompeu Fabra.
Lucciano Villacorta
Banco Central de Chile.


Skill-Biased Structural Change

Francisco Buera
Federal Reserve Bank of Chicago.
Joseph Kaboski
University of Notre Dame.
Richard Rogerson
Princeton University.

Tuesday, 28


Capital Allocation Across Sectors: Evidence from a Boom in Agriculture

Paula Bustos
Centro de Estudios Monetarios y Financieros (CEMFI).
Gabriel Garber
Central Bank of Brazil.
Jacopo Ponticelli
Chicago Booth.


Marriage Sorting, Resource Allocation and Aggregate Productivity

Cézar Santos
Getulio Vargas Foundation.
Ardina Hasanbasri
Washington University in St Louis.
Leandro Magalhaes
Britsol University.
Raúl Santaeulalia-Llopis
Washington University in St Louis.


Urban-Rural Wage Gaps in Developing Countries: Spatial Misallocation or Efficient Sorting?

David Lagakos
University California San Diego.
Mushfiq Mobarak
Yale University.
Michael Waugh
New York University.




Endogenous Sector-Biased Technological Change and Industrial Policy

Berthold Herrendorf
Arizona State University.
Akos Valentinyi
Cardiff University.


Demand-Pull, Technology-Push, and the Sectoral Direction of Innovation

Martí Mestieri
Northwestern Univeristy.
Diego Comin
Dartmouth College.
Danial Lashkari
Harvard University.




Trade, Finance and Endogenous Firm Heterogeneity

Gino Gancia
Centre de Recerca en Economia Internacional (CREI).
Alessandra Bonfiglioli
Universitat Pompeu Fabra.
Rosario Crinò
Chatolic University Milan.

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