Wonderful event with too many topics and too little time to cover them all. Can we produce a model, which realistically explains the facts we observe in the real world? For example, how can we microfound the observed wealth inequality patterns? How can we explain why the government consumption share increases across all the industrialized countries and fiscal multipliers decline at the same time. How can we link the real estate and wealth inequality patterns with realistic assumptions about why households actually buy real estate? Not to mention a wonderful keynote by Gianluca Violante.

Our paper received wonderful comments from Roozbeh Hosseini and Omar Rachedi.