2009 Australasian Meeting of the Econometric Society

Summary of All Sessions

#Date/TimeLocationTitlePapers
1July 8, 2009
8:45-10:30
MCC2 Presidential Address- Understanding the foundations of institutions: Moral Hazard in High Office (Roger Myerson)1
2July 8, 2009
11:00-12:30
MCC4 Macroeconomics: Growth, Frictions, Policy3
3July 8, 2009
11:00-12:30
MCC5 Learning, Evolution and Revolution3
4July 8, 2009
11:00-12:30
MCC6 Population Dynamics3
5July 8, 2009
11:00-12:30
ALT1 Labour Economics3
6July 8, 2009
11:00-12:30
MCC2 Invited Session - Advances in Econometrics2
7July 8, 2009
11:00-12:30
MCC3 Invited Session - Risk and Information2
8July 8, 2009
13:30-15:30
MCC4 International Business Cycles4
9July 8, 2009
13:30-15:30
MCC3 Auctions and Mechanism Design4
10July 8, 2009
13:30-15:30
ATR1 The Environment and Climate Change4
11July 8, 2009
13:30-15:30
ALT1 Productivity and Prices5
12July 8, 2009
13:30-15:30
ALT2 Microeconometrics - Modeling and Testing4
13July 8, 2009
13:30-15:30
MCC5 Empirical International Finance4
14July 8, 2009
13:30-15:30
MCC2 Realized Volatilty3
15July 8, 2009
13:30-15:30
MCC6 Forecasting 14
16July 8, 2009
16:00-17:30
MCC2 Marschak Lecture - Panel Data Discrete Choice Models (Bo Honore)1
17July 9, 2009
9:00-10:30
MCC2 E. J. Hannan Lecture - Volatility Estimation with High-Frequency Data: Three Approaches and Three Horizons (Eric Renault) 1
18July 9, 2009
11:00-12:30
MCC4 Macroeconometrics and Monetary Policy3
19July 9, 2009
11:00-12:30
MCC6 Growth Empirics3
20July 9, 2009
11:00-12:30
MCC5 Vertical and Horizontal Relations3
21July 9, 2009
11:00-12:30
ALT1 Economic Policy3
22July 9, 2009
11:00-12:30
ALT2 Limited Dependent Variable Times Series3
23July 9, 2009
11:00-12:30
ATR1 Monetary Policy3
24July 9, 2009
11:00-12:30
MCC3 Invited Session - Advances in Game Theory2
25July 9, 2009
13:30-15:30
MCC2 International Finance4
26July 9, 2009
13:30-15:30
MCC6 Competitive Equilibrium4
27July 9, 2009
13:30-15:30
ALT1 Wage Determinants and Wage Gaps4
28July 9, 2009
13:30-15:30
AT2 Econometrics - Estimation4
29July 9, 2009
13:30-15:30
ATR3 Applications of Cointegration4
30July 9, 2009
13:30-15:30
MCC5 Issues in Empirical Finance4
31July 9, 2009
13:30-15:30
MCC3 R&D, Licensing, and Contests4
32July 9, 2009
13:30-15:30
MCC4 Duration Modelling of High Freqency Data4
33July 9, 2009
16:00-17:30
MCC2 A. W. Phillips Lecture - Limits to Innovation (Andrew Atkeson)1
34July 10, 2009
8:45-10:15
MCC6 Matching and Family Economics3
35July 10, 2009
8:45-10:15
MCC4 Law & Economics and Public Goods3
36July 10, 2009
8:45-10:15
ALT2 Development3
37July 10, 2009
8:45-10:15
ALT1 Employment and Unemployment3
38July 10, 2009
8:45-10:15
MCC5 Learning and Experiments3
39July 10, 2009
8:45-10:15
MCC2 Invited Session to Commemorate Clive Granger2
40July 10, 2009
10:30-12:00
MCC4 Economic Dynamics3
41July 10, 2009
10:30-12:00
MCC3 Bargaining3
42July 10, 2009
10:30-12:00
MCC6 Political Economy and Economic Growth3
43July 10, 2009
10:30-12:00
ALT1 Poverty and Inequality3
44July 10, 2009
10:30-12:00
ALT2 Econometrics - tests3
45July 10, 2009
10:30-12:00
MCC5 Product Differentiation3
46July 10, 2009
10:30-12:00
MCC2 Invited Session - International Economics2
47July 10, 2009
13:00-15:00
MCC4 Forecasting 24
48July 10, 2009
13:00-15:00
MCC2 Political Economy4
49July 10, 2009
13:00-15:00
ALT2 International Trade Theory4
50July 10, 2009
13:00-15:00
ALT1 Children's Outcomes, Retirement and Governance4
51July 10, 2009
13:00-15:00
ATR1 Computational Tools and Applications4
52July 10, 2009
13:00-15:00
MCC6 Financial Bubbles4
53July 10, 2009
13:00-15:00
MCC3 Estimation When Distributions are Heavy Tailed4
54July 10, 2009
13:00-15:00
MCC5 Aggregate Fluctuations3
55July 10, 2009
15:15-16:45
MCC2 Colin Clark Lecture - Resource Allocation without Prices (Larry Samuelson)1
 

55 sessions, 173 papers


 

2009 Australasian Meeting of the Econometric Society

Complete List of All Sessions


Session 1: Presidential Address- Understanding the foundations of institutions: Moral Hazard in High Office (Roger Myerson)

Session Chair: John Quiggin, University of Queensland
Date: July 8, 2009
Time: 8:45 - 10:30
Location: MCC2
 

Leadership, Trust and Power: Dynamic Moral Hazard in High Office
   Presented by: Roger Myerson,

Session 2: Macroeconomics: Growth, Frictions, Policy

Session Chair: Adam Cagliarini, Reserve Bank of Australia
Session JEL code: D52; J31
Date: July 8, 2009
Time: 11:00 - 12:30
Location: MCC4
 

Means-tested Age Pension and Homeownership: Is There a Link?
JEL codes: E21, E62, H55
   Presented by: Renuka Sane, UNSW
 

Reconciling Micro-data and Macro Estimates of Price Stickiness
[slides]
   Presented by: Adam Cagliarini, Reserve Bank of Australia
 

Health, Endogenous Time Preference, and Inequality: A Political Economy Perspective
   Presented by: Radhika Lahiri, Queensland University of Technology

Session 3: Learning, Evolution and Revolution

Session Chair: Emin Gahramanov, Deakin University
Session JEL code: C61; C73
Date: July 8, 2009
Time: 11:00 - 12:30
Location: MCC5
 

Evolutionary Dynamics of the Market Equilibrium with Division of Labor
JEL codes: C73; D23; D40
   Presented by: Haiou Zhou, Monash University
 

Resources, Revolution and Repression:A Theoretical Perspective
   Presented by: Yiyong CAI, Australian National University
 

Optimal Irrational Behavior
   Presented by: Emin Gahramanov, Deakin University

Session 4: Population Dynamics

Session Chair: Steve Dowrick, Australian National University
Date: July 8, 2009
Time: 11:00 - 12:30
Location: MCC6
 

Productive Consumption and Population Dynamics in an Endogenous Growth Model: The Demographic Trend and Human Development Aid in Developing Economies
JEL codes: J11,O11,O41
   Presented by: Ichiroh Daitoh, Tohoku University
 

Sustainable Yields in Fisheries: Uncertainty, Risk-Aversion and Mean-Variance Analysis
   Presented by: Christian-Oliver Ewald, University of St.Andrews
 

Fertility, Education and Public Policy
   Presented by: Creina Day, The University of Sydney

Session 5: Labour Economics

Session Chair: Garry Barrett, University of N S W
Date: July 8, 2009
Time: 11:00 - 12:30
Location: ALT1
 

A Life-Cycle Model of Entrepreneurial Choice: Understanding Entry into and Exit from Self-Employment
JEL codes: J21, J24, L26
   Presented by: Takanori Adachi, Tokyo Institute of Technology
 

The Effect of Child Care Centre Openings on Child Care Arrangements and Maternal Labour Supply
   Presented by: Chikako Yamauchi, Australian National University
 

The Effect of Ethnic Residential Segregation on Wages of Migrant Workers in Australia
   Presented by: Mathias Sinning, ANU

Session 6: Invited Session - Advances in Econometrics

Session Chair: Juergen Meinecke, Australian National University
Date: July 8, 2009
Time: 11:00 - 12:30
Location: MCC2
 

Impact of Prescription Drug Coverage on Drug Expenditure of the Elderly - Evidence from a Two-Part Model with Endogeneity
   Presented by: Pravin Trivedi, Indiana University
 

Estimation and Forecasting of Dynamic Conditional Covariance: A Semiparametric Multivariate Model
   Presented by: AMAN ULLAH, UNIV OF CALIFORNIA

Session 7: Invited Session - Risk and Information

Session Chair: Maria Racionero, The Australian National University
Date: July 8, 2009
Time: 11:00 - 12:30
Location: MCC3
 

Dynamic contracting in banking and other hazardous industries
   Presented by: Jean Charles Rochet,
 

Sharing Information in Web Communities
   Presented by: Gabrielle Demange, EHESS

Session 8: International Business Cycles

Session Chair: Keisuke Otsu, Sophia University
Date: July 8, 2009
Time: 13:30 - 15:30
Location: MCC4
 

Habit Persistence and International Co-movements
[slides]
JEL codes: E32, F41, G15
   Presented by: Alexandre Dmitriev, University of New South Wales
 

Redistributive Policies and TFP Differences Across Countries
   Presented by: Xueli Tang, Deakin University
 

International business cycle accounting: the case of Japan and the US 1980-2008
   Presented by: Keisuke Otsu, Sophia University
 

TRADE SPECIALISATION AND ECONOMIC CONVERGENCE: EVIDENCE FROM TWO EASTERN EUROPEAN COUNTRIES
   Presented by: Christophe Rault, University of Orléans

Session 9: Auctions and Mechanism Design

Session Chair: Ronald Stauber, Australian National University
Date: July 8, 2009
Time: 13:30 - 15:30
Location: MCC3
 

Target Revenue Auctions
JEL codes: D44
   Presented by: Hadi Yektas, The University of Melbourne
 

Procurement Auctions
   Presented by: Vlad Mares, Northwestern University
 

Mechanism Design under Hidden Information by Risk-Averse Principals
   Presented by: Suren Basov, La Trobe University
 

Multitasking, multidimensional screening, and moral hazard with risk neutral agents
   Presented by: Svetlana Danilkina, La Trobe University

Session 10: The Environment and Climate Change

Session Chair: Warwick McKibbin, Australian National University
Date: July 8, 2009
Time: 13:30 - 15:30
Location: ATR1
 

Environmental Labeling and International Trade
JEL codes: F18
   Presented by: Andrea Podhorsky, York University
 

Strategic environmental policy under free trade with transboundary pollution
   Presented by: Shiva Sikdar, National University of Singapore
 

The Interaction of Global Warming Induced Water-Cycle Changes and Industrial Production – A Scenario Analysis for the Upper Danube River Basin
   Presented by: Christoph Jessberger, Ifo Institute for Economic Research
 

The Relationship between CO2 Emissions and Economic Growth: the case of Korea with non-linear evidence
   Presented by: kihoon lee, Chungnam National University

Session 11: Productivity and Prices

Session Chair: Bill Griffiths, University of Melbourne
Date: July 8, 2009
Time: 13:30 - 15:30
Location: ALT1
 

EVALUATING THE DISTRIBUTIONAL IMPLICATIONS OF PRICE MOVEMENTS: METHODOLOGY, APPLICATION AND AUSTRALIAN EVIDENCE
[slides]
JEL codes: C13, D12, D31,
   Presented by: Rebecca Valenzuela, Monash University
 

Determinants of Firm Profitability - The Effect of Productivity and its Persistence
[slides]
   Presented by: Andreas Stierwald, University of Melbourne
 

Decomposing the Price Effects on the Cost of Living for Australian Households
   Presented by: Paul Blacklow, University of Tasmania
 

Public Infrastructure and Productivity in U.S. Manufacturing: Evidence from the Price Augmenting AIM Cost Function
   Presented by: Guohua Feng, Monash University
 

Moderating factors of immediate, dynamic, and long-run cross-price effects
   Presented by: Csilla Horváth, Radboud University, Nijmegen

Session 12: Microeconometrics - Modeling and Testing

Session Chair: Andrey L. Vasnev, University of Sydney
Date: July 8, 2009
Time: 13:30 - 15:30
Location: ALT2
 

Copula-based Structural Limited Dependent Variable Models: Application to the Effect of Female Labor Force Participation on Fertility
[slides]
JEL codes: C34, C35, J13
   Presented by: Shigeki Kano, Osaka Prefecture University
 

Nonparametric Diagnostic Test for Cross-Sectional Independence in Nonlinear Panel Data Models
   Presented by: Jiti GAO, The University of Adelaide
 

Satiation, Escaping Satiation, and Structural Change: Some Evidence from the Evolution of Engel Curves
   Presented by: Alessio Moneta, Max Planck Institute of Economics
 

Bayesian Estimation of Bandwidth and Parameters for the Semi-parametric Single Index Binary Response Model
   Presented by: Xibin Zhang, public

Session 13: Empirical International Finance

Session Chair: Renee Fry, Australian National University
Date: July 8, 2009
Time: 13:30 - 15:30
Location: MCC5
 

Equity market integration in the Asia Pacific region: Evidence from discount factors
   Presented by: Edda Claus, Melbourne Institute of Applied Economic and Social Research
 

Good Policies or Good Fortune: What Drives the Compression in Emerging Market Spreads?
   Presented by: Garima Vasishtha, Bank of Canada
 

An Empirical Examination of Heterogeneity and Switching in Foreign Exchange Markets
   Presented by: David Goldbaum, University of Technology Sydney
 

Inter-regional volatility spillovers between emerging capital markets: evidence from Turkey and Brazil
   Presented by: abdullah yalama, eskisehir osmangazi university

Session 14: Realized Volatilty

Session Chair: Mardi Dungey, University of Tasmania
Date: July 8, 2009
Time: 13:30 - 15:30
Location: MCC2
 

Activity Signature Functions for High Frequency Data Analysis
[slides]
JEL codes: C1, C15
   Presented by: George Tauchen,
 

Does Decomposing Realized Volatility Help in Risk Measure Prediction: Evidence from Chinese Mainland Stock Market
[slides]
   Presented by: Yin Liao, Australian National University
 

Modeling and Predicting Volatility and its Risk Premium: a Bayesian Non-Gaussian State Space Approach
   Presented by: Catherine Forbes, Monash University

Session 15: Forecasting 1

Session Chair: Farshid Vahid, Australian National University (ANU)
Date: July 8, 2009
Time: 13:30 - 15:30
Location: MCC6
 

Inflation Volatility and and Forecast Accuracy
JEL codes: C53,E37
   Presented by: Jarkko Jaaskela, Reserve Bank of Australia
 

Weighted-Covariance Factor Decomposition of VARMA Models Applied to Forecasting U.S. GDP at Monthly Intervals
   Presented by: Peter Zadrozny, Bureau of Labor Statistics
 

Dispersion of Beliefs, Stock Prices and the Earnings Surprise Measures-a Generalized Approach
   Presented by: Leon Zolotoy, Melbourne Business School
 

Real-Time Inflation Forecasting in a Changing World
   Presented by: Richard Paap, Erasmus University Rotterdam

Session 16: Marschak Lecture - Panel Data Discrete Choice Models (Bo Honore)

Session Chair: Steve Dowrick, Australian National University
Date: July 8, 2009
Time: 16:00 - 17:30
Location: MCC2
 

On the identification and estimation of panel data dynamic discrete choice models
[slides]
   Presented by: Bo Honore, Princeton University

Session 17: E. J. Hannan Lecture - Volatility Estimation with High-Frequency Data: Three Approaches and Three Horizons (Eric Renault)

Session Chair: Mardi Dungey, University of Tasmania
Date: July 9, 2009
Time: 9:00 - 10:30
Location: MCC2
 

Volatility Estimation with High-Frequency Data: Three Approaches and Three Horizons
[slides]
   Presented by: Eric Renault, University of North Carolina

Session 18: Macroeconometrics and Monetary Policy

Session Chair: Konstantinos Theodoridis, Bank of England
Session JEL code: E32; F42;
Date: July 9, 2009
Time: 11:00 - 12:30
Location: MCC4
 

DSGE model restrictions for structural VAR identification
JEL codes: C11, C13, C32,
   Presented by: Konstantinos Theodoridis, Bank of England
 

Measuring Similarity of Business Cycles in the Euro Area and the U.S.
   Presented by: Jan Jacobs, University of Groningen
 

Liquidation, Asset Prices and the Recycling Channel of Bank Lending
[slides]
   Presented by: Eddie Cheung, Australian National University

Session 19: Growth Empirics

Session Chair: Prasad Bhattacharya, Deakin University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: MCC6
 

SECOND GENERATION INNOVATION-BASED GROWTH MODELS AND THE BRITISH INDUSTRIAL REVOLUTION
JEL codes: N13; O30; O40
   Presented by: Rajabrata Banerjee, Monash University
 

A Three-Sector Model of Structural Transformation and Economic Development
   Presented by: El-hadj Bah, The University of Auckland
 

HOW DO LEGAL SYSTEMS AFFECT LAND DISTRIBUTION?: A LONG-RUN DISAGGREGATED ANALYSIS
   Presented by: Prasad Bhattacharya, Deakin University

Session 20: Vertical and Horizontal Relations

Session Chair: David Prentice, La Trobe University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: MCC5
 

Strategic Investment and Bypass under Access Price Regulation
JEL codes: L22, L43, L51
   Presented by: Keizo Mizuno, Kwansei Gakuin University
 

Vertical Relations: Complexity, Supply Chain Structure and Learning
   Presented by: PEDRO BRETAN, FUNDAÇAO GETULIO VARGAS
 

An Empirical Analysis of a Merger in the Australian Cigarette Industry
   Presented by: David Prentice, La Trobe University

Session 21: Economic Policy

Session Chair: Jan van Ours, Tilburg University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: ALT1
 

Cultural Transmission of Work-Welfare Attitudes and the Intergenerational Correlation in Welfare Receipt
JEL codes: I38, H31, Z1
   Presented by: Deborah Cobb-Clark, The Australian National University
 

Are jurisdictions with the median voter and median
   Presented by: Raghbendra Jha, Australian National University
 

Choosing To Compete: How Di¤erent are Girls and Boys?
   Presented by: Alison Booth, Australian National University

Session 22: Limited Dependent Variable Times Series

Session Chair: Andrew Weiss, Australian National University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: ALT2
 

Optimal Probabilistic Forecasts for Counts
JEL codes: C14, C22, C53
   Presented by: Gael Martin, Monash University
 

The Dominance Evaluation Methodology for Comparative Forecast Evaluation: Which Forecast Can Jump Over the Benchmark?
   Presented by: Worapree Maneesoonthorn, Monash University
 

Testing an Autoregressive Structure in Binary Time Series Models
   Presented by: Henri Nyberg, University of Helsinki

Session 23: Monetary Policy

Session Chair: Peter Stemp, Monash University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: ATR1
 

Optimal Interest Rate Rules under One-Sided Output and Inflation Targets
JEL codes: C61; E43; E58.
   Presented by: Peter Stemp, Monash University
 

Relationship Lending and the Transmission of Monetary Policy
   Presented by: Kinda Hachem, University of Toronto
 

Optimal Monetary Policy in a Multi-Sector Small Open Economy Model: Which Conventional Wisdom?
   Presented by: Carlos de Resende Junior, Bank of Canada

Session 24: Invited Session - Advances in Game Theory

Session Chair: Simon Grant, Rice University
Date: July 9, 2009
Time: 11:00 - 12:30
Location: MCC3
 

A Foundation for Markov Equilibria
   Presented by: George Mailath, University of Pennsylvania
 

Games with Unawareness
   Presented by: Yossi Feinberg, Stanford University

Session 25: International Finance

Session Chair: Michael Binder,
Date: July 9, 2009
Time: 13:30 - 15:30
Location: MCC2
 

Trade costs and deviations from the law of one price
JEL codes: F41, C22, D40
   Presented by: Jorge Batista, Universidade Federal do Rio de Janeiro
 

COINTEGRATION AND ASYMMETRIC ADJUSTMENT: SOME NEW EVIDENCE CONCERNING THE BEHAVIOUR OF THE US CURRENT ACCOUNT
   Presented by: Mark Holmes, Waikato University
 

Global Rebalancing in a Three-Country Model
   Presented by: Philipp Engler, Freie Universität Berlin
 

International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis
   Presented by: Michael Binder,

Session 26: Competitive Equilibrium

Session Chair: Jose Rodrigues-Neto, Australian National University
Date: July 9, 2009
Time: 13:30 - 15:30
Location: MCC6
 

Implications of Rationality in Asset Markets
JEL codes: d50,d52,d53
   Presented by: Tarek Coury, Dubai School of Government
 

Competitive Equilibrium with Restricted Participation: the Case of Circular Trade
   Presented by: Jose Rodrigues-Neto, Australian National University
 

Decentralized Price Adjustment in 2x2 Replica Economies
   Presented by: Maxwell Pak, Queen's University
 

Lattices and Lotteries
[slides]
   Presented by: Elena Antoniadou, ANU

Session 27: Wage Determinants and Wage Gaps

Session Chair: Deborah Cobb-Clark, The Australian National University
Date: July 9, 2009
Time: 13:30 - 15:30
Location: ALT1
 

Perceptions and Labor Market Outcomes of Immigrants in Australia after 9/11
JEL codes: J15, J71
   Presented by: Deepti Goel, IFMR, India
 

Market and Home Production: Gender Differences
   Presented by: Regina Madalozzo, Ibmec São Paulo
 

Nonparametric Bounds on Returns to Education in South Africa
   Presented by: Martine Mariotti, Australian National University
 

The Return to Cognitive Skills in the Australian Labour Market
   Presented by: Garry Barrett, University of N S W

Session 28: Econometrics - Estimation

Session Chair: Jiti GAO, The University of Adelaide
Date: July 9, 2009
Time: 13:30 - 15:30
Location: AT2
 

Sensitivity of GLS Estimators in Random Effects Models
JEL codes: C33; C52
   Presented by: Andrey L. Vasnev, University of Sydney
 

Bayesian Analysis of A Model with Binary Selectivity and Ordered Outcomes
[slides]
   Presented by: Rong Zhang, Monash University
 

Estimating the Gravity Model When Zero Trade Flows Are Frequent
   Presented by: Cong Pham, Deakin University
 

Threshold Regression Without Distribution Assumption when the Threshold Variable Is Endogenous
   Presented by: Chang-Ching Lin, Academia Sinica

Session 29: Applications of Cointegration

Session Chair: Edda Claus, Melbourne Institute of Applied Economic and Social Research
Date: July 9, 2009
Time: 13:30 - 15:30
Location: ATR3
 

Cointegration and conditional correlations among German and Eastern Europe equity markets
JEL codes: C22, C53, G15,
   Presented by: Rakesh Gupta, CQ University
 

Dynamic price dependence of Canadian and world art markets: An empirical analysis
[slides]
   Presented by: Douglas Hodgson, University of Quebec at Montreal
 

Sources of Real Exchange Rate Fluctuations: A Cointegration Approach for Commodity Currencies
[slides]
   Presented by: Waranya Pim Chanthapun, Australian National University
 

The dynamic effects of shocks to wages and prices in the United States and the Euro Area
   Presented by: Carlos Marques, Banco de Portugal

Session 30: Issues in Empirical Finance

Session Chair: Jing Tian, University of Tasmania
Date: July 9, 2009
Time: 13:30 - 15:30
Location: MCC5
 

Was the US Lucky? The Distribution of Equity Premia
[slides]
JEL codes: G10, G12, G15
   Presented by: Matthew Pollard, The Australian National University
 

Testing Conditional Factor Models
   Presented by: Dennis Kristensen, Columbia University
 

Can Bounded Rationality Be Identified in the Australian Stock Market?
[slides]
   Presented by: Roberta Powell-Long, University of Queensland
 

Testing for exceptional bulls and bears: a non-parametric perspective
[slides]
   Presented by: Norbert Metiu, Maastricht University

Session 31: R&D, Licensing, and Contests

Session Chair: Tina Kao, Australian National University
Date: July 9, 2009
Time: 13:30 - 15:30
Location: MCC3
 

R&D productivity and intellectual property rights protection regimes
JEL codes: O34, L13, F13
   Presented by: Joanna Poyago-Theotoky, University of Loughborough
 

The impact of university licensing behaviour on scientist disclosure
   Presented by: Rosemary Humberstone, University of Melbourne
 

The Momentum Effect in Competitions: Field Evidence from Tennis Matches
   Presented by: Lionel Page, University of Westminster
 

Markets for Influence
   Presented by: John Quiggin, University of Queensland

Session 32: Duration Modelling of High Freqency Data

Session Chair: John Randal, Victoria University of Wellington
Date: July 9, 2009
Time: 13:30 - 15:30
Location: MCC4
 

A Semiparametric Approach to a Nonlinear Autoregressive Conditional Duration Model
JEL codes: C630
   Presented by: Pipat Wongsaart, The University of Adelaide
 

Yet Another Autoregressive Duration Model: The ACDD Model
   Presented by: Nagaratnam Jeyasreedharan, University of Tasmania
 

Assessing performances of density forecasts in duration models
   Presented by: Kulan Ranasinghe Arachchige, Monash University
 

From Trade to Trade in US Treasuries: Durations, Workups and News Effects
   Presented by: Mardi Dungey, University of Tasmania

Session 33: A. W. Phillips Lecture - Limits to Innovation (Andrew Atkeson)

Session Chair: Warwick McKibbin, Australian National University
Date: July 9, 2009
Time: 16:00 - 17:30
Location: MCC2
 

The Limits to Innovation
[slides]
   Presented by: Andrew Atkeson, University of California

Session 34: Matching and Family Economics

Session Chair: Dirk Bethmann, Queensland University of Technology
Date: July 10, 2009
Time: 8:45 - 10:15
Location: MCC6
 

Your conscience you must keep, or it must be kept for you
JEL codes: C72, J16, Z13
   Presented by: Birendra Rai, Monash University
 

The Mystery of polygamy
   Presented by: Dirk Bethmann, Queensland University of Technology
 

Equilibria in a model with a search labour market and a matching marriage market.
   Presented by: Roberto Bonilla, Newcastle University

Session 35: Law & Economics and Public Goods

Session Chair: Jose Rodrigues-Neto, Australian National University
Date: July 10, 2009
Time: 8:45 - 10:15
Location: MCC4
 

Threshold uncertainty in the private-information subscription game
JEL codes: H41, D61, D82
   Presented by: DAVID MALUEG, University of California Riverside
 

Unemployment and Crime
   Presented by: Kangoh Lee, San Diego State University
 

Collusion in the Champagne Fairs : Controlling Law Merchants
[slides]
   Presented by: Brishti Guha, Singapore Management University

Session 36: Development

Session Chair: Martine Mariotti, Australian National University
Date: July 10, 2009
Time: 8:45 - 10:15
Location: ALT2
 

Low Malnutrition but High Mortality: Explaining the Paradox of the Lake Victoria Region
JEL codes: I10, I30, O12,R
   Presented by: Jan Priebe, University of Goettingen
 

Givers and Receivers: Inter Vivos Transfers in the Case of Migrants to Australia
   Presented by: Aaron Nicholas, Monash Uni
 

Medium and Long-term Participation in Microfinance: An Evaluation Using a Large Panel Data Set from Bangladesh
   Presented by: Asadul Islam, Monash University

Session 37: Employment and Unemployment

Session Chair: Alison Booth, Australian National University
Date: July 10, 2009
Time: 8:45 - 10:15
Location: ALT1
 

Are Contingent Jobs Dead Ends or Stepping Stones to Regular Jobs? Evidence from a Structural Estimation
JEL codes: I30, J21, J63,
   Presented by: Ryuichi Tanaka, Tokyo Institute of Technology
 

Learning about Job Matches in a Structural Dynamic Model
   Presented by: Juergen Meinecke, Australian National University
 

Why is there a spike in the job finding rate at benefit exhaustion?
   Presented by: Jan van Ours, Tilburg University

Session 38: Learning and Experiments

Session Chair: Randy Silvers, Deakin University
Date: July 10, 2009
Time: 8:45 - 10:15
Location: MCC5
 

A learning theory of referrals
JEL codes: C73, I11, L11
   Presented by: Damien Eldridge, La Trobe University
 

Verifiability in Experimental Markets for Credence Goods
   Presented by: Uwe Dulleck, QUT
 

The Value of Information in a Principal-Agent Model with Moral Hazard and Ex Ante Contracting
   Presented by: Randy Silvers, Deakin University

Session 39: Invited Session to Commemorate Clive Granger

Session Chair: Heather Anderson, Australian National University
Date: July 10, 2009
Time: 8:45 - 10:15
Location: MCC2
 

Quadratic scoring rules and density forecast histograms
   Presented by: Kenneth Wallis, University of Warwick
 

Weak and Strong Cross Section Dependence and Estimation of Large Panels
[slides]
   Presented by: M Hashem Pesaran, Cambridge University

Session 40: Economic Dynamics

Session Chair: Junichi Fujimoto, University of Tokyo
Date: July 10, 2009
Time: 10:30 - 12:00
Location: MCC4
 

The Value of Uncertainty Under Limited Commitment
JEL codes: E21;D86;F34
   Presented by: Junichi Fujimoto, University of Tokyo
 

A closed-form solution for the continuous-time consumption model with endogenous labor income
   Presented by: Aihua Zhang, Nottingham University Business School
 

Tax, credit constraints, and the big costs of small inflation
   Presented by: Andrew Coleman, Motu Economic and Public Policy Research

Session 41: Bargaining

Session Chair: Joshua Gans, University of Melbourne
Date: July 10, 2009
Time: 10:30 - 12:00
Location: MCC3
 

A Matter of Interpretation: Bargaining over Ambiguous Contracts
JEL codes: D80, D82
   Presented by: Simon Grant, Rice University
 

Bilateral Bargaining with Externalities
   Presented by: Joshua Gans, University of Melbourne
 

The dynamics of bargaining postures: the role of a third party
   Presented by: Jihong Lee, Birkbeck College, University of London

Session 42: Political Economy and Economic Growth

Session Chair: Debdulal Mallick, Deakin University
Date: July 10, 2009
Time: 10:30 - 12:00
Location: MCC6
 

Romes Without Empires: Urban Concentration, Political Competition, and Economic Growth
   Presented by: Mehmet Ulubasoglu, Deakin University
 

The Architecture of Growth: Product Space, Small World Networks and Growth Acceleration
   Presented by: Raja Kali, University of Arkansas
 

Financial Development, Shocks, and Growth Volatility
   Presented by: Debdulal Mallick, Deakin University

Session 43: Poverty and Inequality

Session Chair: Raghbendra Jha, Australian National University
Date: July 10, 2009
Time: 10:30 - 12:00
Location: ALT1
 

BIVARIATE INCOME DISTRIBUTIONS FOR ASSESSING INEQUALITY AND POVERTY UNDER DEPENDENT SAMPLES
   Presented by: Bill Griffiths, University of Melbourne
 

Interrelated Dynamics of Health and Poverty in Australia
   Presented by: Lixin Cai, The University of Melbourne
 

Inequality Aversion and Performance in and on the Field
   Presented by: Markus Schaffner, QUT

Session 44: Econometrics - tests

Session Chair: rachida Ouysse, Australian School of Business
Date: July 10, 2009
Time: 10:30 - 12:00
Location: ALT2
 

A New Procedure for Multiple One-Sided Hypothesis Testing
JEL codes: C01, C12, C14
   Presented by: Maxwell King, Monash University
 

Some Properties of Tests for Parameters That Can Be Arbitrarily Close to Being Unidentified
   Presented by: Giovanni Forchini, Monash University
 

Simple tests for the null of no cointegration with structural breaks
   Presented by: Pui Sun Tam, University of Macau

Session 45: Product Differentiation

Session Chair: Guillaume Roger, The University of New South wales
Date: July 10, 2009
Time: 10:30 - 12:00
Location: MCC5
 

Quality Versus Quantity in Vertically Differentiated Products under Non-Linear Pricing
JEL codes: L11
   Presented by: Hugh Sibly, University of Tasmania
 

Product Variety, Price Elasticity of Demand and Fixed Cost in Spatial Models
   Presented by: Yiquan Gu, University of Dortmund (TU) and RGS Econ
 

Differentiation as innovation and the impact of competition
   Presented by: Guillaume Roger, The University of New South wales

Session 46: Invited Session - International Economics

Session Chair: Bruce Preston, Columbia University
Date: July 10, 2009
Time: 10:30 - 12:00
Location: MCC2
 

Changes in International Business Cycle Affiliations
   Presented by: Denise Osborn, University of Manchester
 

Two Hundred years of Financial Integration: Latin America since Independence
[slides]
   Presented by: Graciela Kaminsky,

Session 47: Forecasting 2

Session Chair: Param Silvapulle, Monash University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: MCC4
 

Forecasting the unemployment rate when the forecast loss function is asymmetric
JEL codes: C13, C52, C53
   Presented by: Jing Tian, University of Tasmania
 

National Forecasting with Large International Datasets – an Application to New Zealand
   Presented by: Sandra Eickmeier, Deutsche Bundesbank
 

Variable Selection in a Dynamic Factor Model
   Presented by: pu chen, university bielefeld
 

Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions
   Presented by: Farshid Vahid, Australian National University (ANU)

Session 48: Political Economy

Session Chair: Simon Loertscher, University of Melbourne
Date: July 10, 2009
Time: 13:00 - 15:00
Location: MCC2
 

Searching for Good Policies
   Presented by: Steven Callander, Northwestern University
 

Information Transmission in Electoral Competition
   Presented by: Simon Loertscher, University of Melbourne
 

Elections and the Strategic Use of Budget Deficits
   Presented by: Roland Hodler, University of Melbourne
 

Reputations and Economic Performances in Dictatorships
   Presented by: Chee Kian Leong, SIM University

Session 49: International Trade Theory

Session Chair: Martin Richardson, Australian National University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: ALT2
 

Trade, Migration and Inequality in a World without Factor Price Equalisation
JEL codes: F11, F16
   Presented by: Paul Oslington, Australian Catholic University
 

FDI, Technology Spillover, and Vertical Product Differentiation
[slides]
   Presented by: Xuan T Nguyen, UNSW
 

Free entry and social efficiency in an open economy
   Presented by: Jonathan Lim, University of New South Wales
 

Explaining Industrial Localization and Countries' Specialization in the European Union: An Empirical Investigation
   Presented by: Astrid Krenz, University of Goettingen

Session 50: Children's Outcomes, Retirement and Governance

Session Chair: TUE GORGENS, Australian National University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: ALT1
 

Re-examining the Relationship between Income and Child Health on Both Sides of the Atlantic
JEL codes: I10, I18, C25
   Presented by: Brett Inder, Monash University
 

Do achievement labels affect the well-being of children? Evidence from discontinuities in test scores
   Presented by: Marcello Sartarelli, European University Institute
 

Principals vs. Principles: What Do Managers Do When Governance Is Slack?
   Presented by: Ralf Steinhauser, Australian National University
 

Retirement investor risk tolerance when risk is range: experimental survey evidence from tranquil and crisis periods.
   Presented by: Susan Thorp, University of Technology, Sydney

Session 51: Computational Tools and Applications

Session Chair: Giovanni Forchini, Monash University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: ATR1
 

Timber Cycles
JEL codes: C6,D9,L73,Q23
   Presented by: Harry Paarsch, University of Melbourne
 

Equity-Linked Pension Schemes with Guarantees
   Presented by: Klaus Sandmann, University of Bonn
 

Fast Iterated Bootstrap Mean Bias Correction
   Presented by: rachida Ouysse, Australian School of Business
 

Edgeworth and Saddlepoint Approximations for Nonlinear Estimators
   Presented by: Gubhinder Kundhi, Carleton University

Session 52: Financial Bubbles

Session Chair: Catherine Forbes, Monash University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: MCC6
 

Herd Behavior by Japanese Banks in Local Financial Markets
[slides]
JEL codes: G21; E44; R51
   Presented by: RYUICHI NAKAGAWA, KANSAI UNIVERSITY
 

Finding the invisible hand: an objective model of financial markets
   Presented by: Doug McLeod, RedSky Systems Corporation
 

Bubbles or volatilities: a Markov-switching unit root test with regime-varying error variances
   Presented by: ShuPing Shi, ANU
 

Overvaluation in Australian Housing and Equity Markets: Wealth Effects or Monetary Policy?
   Presented by: Renee Fry, Australian National University

Session 53: Estimation When Distributions are Heavy Tailed

Session Chair: Gael Martin, Monash University
Date: July 10, 2009
Time: 13:00 - 15:00
Location: MCC3
 

Fitting jump diffusion processes using the EM algorithm
JEL codes: C22, C13
   Presented by: John Randal, Victoria University of Wellington
 

Stochastic Volatility and Jumps: Exponentially Affine Yes or No? An Empirical Analysis of S&P500 Dynamics
   Presented by: Katja Ignatieva, Goethe University Frankfurt
 

Conditional Extreme Value Theory and Time Varying Copulas: Diversification Evidence from International Equity Markets
[slides]
   Presented by: Cuong Nguyen, La Trobe University
 

Estimation of confidence intervals for the mean of heavy tailed loss distributions: a comparative study using a simulation method
[slides]
   Presented by: Ainura Tursunalieva, Monash University

Session 54: Aggregate Fluctuations

Session Chair: Sinchan Mitra, University of Queensland
Date: July 10, 2009
Time: 13:00 - 15:00
Location: MCC5
 

Structural Reforms and Economic Performance in Advanced and Developing Countries
[slides]
JEL codes: E20; H11; O57
   Presented by: Jonathan Ostry, International Monetary Fund
 

Measuring the Effects of Malaysian Monetary Policy: VARMA vs VAR Models
   Presented by: Mala Raghavan, Monash University
 

Output Fluctuations in the G-7: An Unobserved Components Approach
   Presented by: Sinchan Mitra, University of Queensland

This program was last updated on 2009-07-20 3:48:19 EDT


Session 55: Colin Clark Lecture - Resource Allocation without Prices (Larry Samuelson)

Session Chair: George Mailath, University of Pennsylvania
Date: July 10, 2009
Time: 15:15 - 16:45
Location: MCC2
 

Resource Allocation without Prices
[slides]
   Presented by: Larry Samuelson,