Letter from the President

Dear Friends:

I am sure that all of you who were at the 27th Meeting of the SED in Toulouse June 30 through 2 July will agree with me that it was a resounding success.  Manuel Amador, Pierre-Olivier Weill, and their Program Committee put together a stimulating program with excellent plenary lectures by Mariacristina De Nardi, Jean-Marc Robin, and Fernando Alvarez.  Jean-Marc’s presentation was the second Dale Mortensen Lecture, in memory of our past President, inspiration, and friend, Dale Mortensen.  Toulouse is a beautiful city, especially in late June and early July, and the Toulouse School of Economics served as an attractive and efficient conference venue.  The Local Organizing Committee, led by Christian Hellwig and Franck Portier, ran a meeting and put together a set of social events that were both smoothly organized and a lot of fun.

The Toulouse Meeting followed past meetings in setting new standards and in raising the bar even higher for future meeting organizers to try to clear.  All of the details of the Meeting, including the slides and video from the plenary lectures, can be found on the Society’s web site.  I personally want to thank all of the people that I have mentioned and all of you who participated in helping to make the 2016 Meeting of the SED one of the best conferences in economics last year!

I am looking forward to next year’s SED Meeting hosted by the University of Edinburgh on 22–24 June.  Sevi Rodriguez-Mora and Tim Worrall head the Local Organizing Committee and are setting up what they assure me will be a stimulating and enjoyable meeting.  The Program Committee, headed by Veronica Rappoport and Kim Ruhl, is waiting for your submissions, which are due on or before February 15th, 2017.  They have already lined up an excellent set of plenary speakers:  Ayse Imrohologu, Francesco Caselli, and Eric Hurst.  Eric will give the third Dale Mortensen Lecture.

SeviTim, and their Local Organizing Committee have already made what I expect to be an important innovation.  They brought two support staff members from the School of Economics at the University of Edinburgh, Janet Taylor and Hannah Chater, to Toulouse, where they met with the SED Board and with the support staff from the Toulouse School of Economics headed by Carolyne Lamy to go over their plans for the 2017 Meeting.  We are constantly striving to make our meetings better, and I congratulate Sevi and Tim for coming up with this potentially major positive TFP shock.  Let’s see how it works out!

I can imagine that a lot of you are thinking:  With this year’s meeting looking to rival, or maybe beat, last year’s in quality, will I be lucky enough to get my paper on the schedule?  I hope so, and let me tell you the sorts of things we are thinking about doing to make it more likely — that is, to increase the odds in your, and my, favor.  At the SED Board Meeting in Toulouse, we discussed trying to increase the acceptance rate for contributed papers with Veronica Rappaport and Kim Ruhl, next year’s Program Committee co-chairs.  We decided to continue some innovations made at last year’s meeting.  Christian Hellwig, Franck Portier, and their team managed to increase the number of parallel sessions from 12 to 13, adding 36 presentation slots.  We will do this year as well, and we are exploring the possibility of expanding to 14 parallel sessions.  Last year, we experimented with having a poster session for PhD students and recent post docs.  Given the success of this poster session, we will do this again in Edinburgh.  There is yet another margin to add presentation slots that we can push on.  Two years ago, for the Warsaw Meeting, the Program Committee had 50 members. We compensated each Program Committee member by letting him or her organize an invited session.  This meant that 150 presentation slots went to invited submissions.  Last year, Manuel and Pierre-Olivier managed to reduce the size of their committee to 44, which freed up 18, that is, 6 times 3, presentation slots for contributed, as opposed to invited, submissions.  This year, Veronica and Kim think that they can get by with an even smaller committee, freeing up still more slots for contributed submissions.

The 2018 Meeting will be hosted by the Instituto Tecnológico Autónomo de México (ITAM) with support from the Banco de México and will be held in Mexico City on 28–30 June 2018.  The Local Organizing Committee, headed by Diego Dominguez and German Rojas, is already arranging what promises to be a fabulous meeting.

For all those who are going to attend the 2017 ASSA Meetings in Chicago on 6–8 January 2017, the SED is sponsoring two sessions:  the first at 2:30–4:30 pm on 6 January on “Housing Market Dynamics” and the second on at 8:00–10:00 am on 7 January on “How Safe and Liquid Assets Impact Monetary and Financial Policy.”  I served for six years as the Econometric Society representative on what is now called the ASSA Advisory Committee, and I know that there is intense competition for slots for sessions.  The expansion of the number of sessions for a small society like ours depends on attendance.  The SED would like to expand our presence at the ASSA Meetings, and I urge you to try to attend one or both of our sessions in Chicago.

I look forward to seeing you in Edinburgh and, if you are going to be at the ASSA Meetings, in Chicago!

Tim Kehoe

President, Society for Economic Dynamics