European Winter Meeting of the Econometric Society

Madrid

 
December 15, 2014
 
08:45 to 08:55Opening and Welcome, Room: 0.B.06
 
 
09:00 to 11:00Contributed Session 1
 
 
11:00 to 11:30Coffee Break
 
 
11:30 to 13:30Contributed Session 2
 
 
13:30 to 14:30Lunch
 
 
14:30 to 16:30Contributed Session 3
 
 
16:30 to 17:00Coffee Break
 
 
17:00 to 18:15Plenary Session: Richard Blundell, Room: 0.B.06
 
 
20:30 to 22:30Conference Dinner, Holiday Inn Madrid-Pirámides
 
 
 
December 16, 2014
 
09:00 to 11:00Contributed Session 4
 
 
11:00 to 11:30Coffee Break
 
 
11:30 to 13:30Contributed Session 5
 
 
13:30 to 14:30Lunch
 
 
14:30 to 16:30Contributed Session 6
 
 
16:30 to 17:00Coffee Break
 
 
17:00 to 18:15Plenary Session: Jean Tirole, Room: 0.B.06
 
 

 

Program Notes and Index of Sessions

Opening and Welcome
Room: 0.B.06
December 15, 2014 08:45 to 08:55

Contributed Session 1
December 15, 2014 09:00 to 11:00
 
Political Economy of Development, Room: 0.A.05
Family Labor Supply, Room: 1.A.14
Entrepreneurship and Macroeconomics, Room: 1.A.09
Panel Data, Room: 0.A.01
Information Asymmetry and Financial Markets, Room: 0.A.02
Trade Costs, Room: 0.B.06

Contributed Session 2
December 15, 2014 11:30 to 13:30
 
Applications of Microeconometric Methods, Room: 0.B.06
Public Economics, Room: 1.A.14
Financial Markets and Macroeconomics, Room: 0.A.02
Theory 1 , Room: 1.A.09
Development 1: The Private Sector and Public-Sector Incentives, Room: 0.A.05
Time Series Models and Forecasting Applications, Room: 0.A.01

Contributed Session 3
December 15, 2014 14:30 to 16:30
 
Behavioral Economics - Foundations, Room: 1.A.14
Theoretical and Empirical IO, Room: 0.A.05
Panel Data, Spatial Models, Social Interactions, Empirical Networks, Room: 0.B.06
Econometric Theory, Room: 0.A.01
Financial System Architecture and Financial Frictions, Room: 0.A.02
Theory 2, Room: 1.A.09

Plenary Session: Richard Blundell
Room: 0.B.06
December 15, 2014 17:00 to 18:15

Contributed Session 4
December 16, 2014 09:00 to 11:00
 
Information and Political Economy, Room: 0.A.05
Policy Analysis, Room: 0.B.06
Sovereign Debt, Room: 0.A.02
Macroeconomics with Heterogenous Agents, Room: 1.A.14
Theory 3, Room: 1.A.09
Advances in Financial Econometrics, Room: 0.A.01

Contributed Session 5
December 16, 2014 11:30 to 13:30
 
Networks and Peers, Room: 1.A.14
Dispersed Information, Factor Misallocation and Business Cycles, Room: 0.A.02
Theory and IO, Room: 1.A.09
Microeconometrics, Room: 0.A.01
Development 2: Migration, Conflict and Historical Legacies, Room: 0.A.05
Globalization and Firm Organization, Room: 0.B.06

Contributed Session 6
December 16, 2014 14:30 to 16:30
 
Topics in Labor Economics, Room: 0.A.05
Unconventional Macroeconomic Policy, Room: 1.A.09
Investment, Heterogenity, and the Macroeconomy, Room: 1.A.14
Uncertainty and Learning over the Business Cycle, Room: 0.A.02
Structural Microeconometrics, Room: 0.B.06
Contribution in Time Series, Room: 0.A.01

Plenary Session: Jean Tirole
Room: 0.B.06
December 16, 2014 17:00 to 18:15

 

Summary of All Sessions

Click here for an index of all participants

#Date/TimeLocationTitlePapers
1December 15, 2014
9:00-11:00
Room: 0.A.05 Political Economy of Development4
2December 15, 2014
9:00-11:00
Room: 1.A.14 Family Labor Supply3
3December 15, 2014
9:00-11:00
Room: 1.A.09 Entrepreneurship and Macroeconomics4
4December 15, 2014
9:00-11:00
Room: 0.A.01 Panel Data4
5December 15, 2014
9:00-11:00
Room: 0.A.02 Information Asymmetry and Financial Markets4
6December 15, 2014
9:00-11:00
Room: 0.B.06 Trade Costs4
7December 15, 2014
11:30-13:30
Room: 0.B.06 Applications of Microeconometric Methods3
8December 15, 2014
11:30-13:30
Room: 1.A.14 Public Economics4
9December 15, 2014
11:30-13:30
Room: 0.A.02 Financial Markets and Macroeconomics4
10December 15, 2014
11:30-13:30
Room: 1.A.09 Theory 1 4
11December 15, 2014
11:30-13:30
Room: 0.A.05 Development 1: The Private Sector and Public-Sector Incentives4
12December 15, 2014
11:30-13:30
Room: 0.A.01 Time Series Models and Forecasting Applications4
13December 15, 2014
14:30-16:30
Room: 1.A.14 Behavioral Economics - Foundations3
14December 15, 2014
14:30-16:30
Room: 0.A.05 Theoretical and Empirical IO4
15December 15, 2014
14:30-16:30
Room: 0.B.06 Panel Data, Spatial Models, Social Interactions, Empirical Networks4
16December 15, 2014
14:30-16:30
Room: 0.A.01 Econometric Theory4
17December 15, 2014
14:30-16:30
Room: 0.A.02 Financial System Architecture and Financial Frictions4
18December 15, 2014
14:30-16:30
Room: 1.A.09 Theory 23
19December 16, 2014
9:00-11:00
Room: 0.A.05 Information and Political Economy4
20December 16, 2014
9:00-11:00
Room: 0.B.06 Policy Analysis4
21December 16, 2014
9:00-11:00
Room: 0.A.02 Sovereign Debt4
22December 16, 2014
9:00-11:00
Room: 1.A.14 Macroeconomics with Heterogenous Agents3
23December 16, 2014
9:00-11:00
Room: 1.A.09 Theory 34
24December 16, 2014
9:00-11:00
Room: 0.A.01 Advances in Financial Econometrics4
25December 16, 2014
11:30-13:30
Room: 1.A.14 Networks and Peers4
26December 16, 2014
11:30-13:30
Room: 0.A.02 Dispersed Information, Factor Misallocation and Business Cycles4
27December 16, 2014
11:30-13:30
Room: 1.A.09 Theory and IO4
28December 16, 2014
11:30-13:30
Room: 0.A.01 Microeconometrics4
29December 16, 2014
11:30-13:30
Room: 0.A.05 Development 2: Migration, Conflict and Historical Legacies4
30December 16, 2014
11:30-13:30
Room: 0.B.06 Globalization and Firm Organization4
31December 16, 2014
14:30-16:30
Room: 0.A.05 Topics in Labor Economics4
32December 16, 2014
14:30-16:30
Room: 1.A.09 Unconventional Macroeconomic Policy4
33December 16, 2014
14:30-16:30
Room: 1.A.14 Investment, Heterogenity, and the Macroeconomy4
34December 16, 2014
14:30-16:30
Room: 0.A.02 Uncertainty and Learning over the Business Cycle3
35December 16, 2014
14:30-16:30
Room: 0.B.06 Structural Microeconometrics4
36December 16, 2014
14:30-16:30
Room: 0.A.01 Contribution in Time Series4
 

36 sessions, 138 papers, and 0 presentations with no associated papers


 

European Winter Meeting of the Econometric Society

Detailed List of Sessions

 
Session 1: Political Economy of Development
December 15, 2014 9:00 to 11:00
Room: 0.A.05
 
Session Chair: Gerard Padró i Miquel, London School of Economics
 

Educate to Lead? The Local Political Economy Effects of School Construction in Indonesia
By Monica Martinez-Bravo; CEMFI
   Presented by: Monica Martinez-Bravo, CEMFI
 

Who monitors the monitors? Effect of partisan observers on electoral outcomes.
By Agustin Casas; Universidad Carlos III de Madrid
Jose Guillermo Diaz; Universidad del Pacifico
Andre Trindade; Getulio Vargas Foundation (FGV/EPGE)
   Presented by: Agustin Casas, Universidad Carlos III de Madrid
 

Extractive States: The Case of the Italian Unification.
By Carmine Guerriero; University of Amsterdam
   Presented by: Carmine Guerriero, University of Amsterdam
 

Can Workfare Programs Moderate Violence? Evidence from India
By Thiemo Fetzer; London School of Economics
   Presented by: Thiemo Fetzer, London School of Economics
 
Session 2: Family Labor Supply
December 15, 2014 9:00 to 11:00
Room: 1.A.14
 
Session Chair: Andrea Weber, University of Mannheim
 

Who's gonna watch the kids? Evidence from linked employer-employee data
By Lionel Wilner; INSEE-CREST
   Presented by: Lionel Wilner, INSEE-CREST
 

Mothers and Workers: The Short and Long Run Effects of Childcare on Maternal Schooling, Labor Supply and Fertility
By Emilia Soldani; New York University
   Presented by: Emilia Soldani, New York University
 

Labour Supply, Fertility and Childcare Decisions - a Structural Analysis of Fiscal Stimuli for Working Mothers
By Jan Kabátek; Tilburg University
   Presented by: Jan Kabátek, Tilburg University
 
Session 3: Entrepreneurship and Macroeconomics
December 15, 2014 9:00 to 11:00
Room: 1.A.09
 
Session Chair: Sang Yoon (Tim) Lee, University of Mannheim
 

Entrepreneurs and fluctuations
By Mariacristina De Nardi; UCL and Federal Reserve Bank of Chicago
Thomas Michael Pugh; University College London
Vincent Sterk; University College London
   Presented by: Thomas Michael Pugh, University College London
 

Entrepreneurs, Managers and Inequality
By Sang Yoon (Tim) Lee; University of Mannheim
   Presented by: Sang Yoon (Tim) Lee, University of Mannheim
 

The rise or the fall of the wall? Determinants of low entrepreneurship in East Germany
By Zoe Kuehn; Universidad Autónoma de Madrid
   Presented by: Zoe Kuehn, Universidad Autónoma de Madrid
 

Flexible Hours as a Motive for Starting a Business
By Emircan Yurdagul; Washington University in Saint Louis
   Presented by: Emircan Yurdagul, Washington University in Saint Louis
 
Session 4: Panel Data
December 15, 2014 9:00 to 11:00
Room: 0.A.01
 
Session Chair: Manuel Arellano, CEMFI
 

Exact and Asymptotic Tests on a Factor Model in Low and Large Dimensions with Applications
By Taras Bodnar; Humboldt-University of Berlin
Markus Reiss; Humboldt-University of Berlin
   Presented by: Taras Bodnar, Humboldt-University of Berlin
 

Nonparametric estimation of fixed effects panel data varying coefficient models
By Juan Rodriguez-Poo; Universidad de Cantabria
Alexandra Soberon; Universidad de Cantabria
   Presented by: Alexandra Soberon, Universidad de Cantabria
 

Projected Principal Component Analysis in Factor Models
By Jianqing Fan; Princeton University
Yuan Liao; University of Maryland
Weichen Wang; Princeton University
   Presented by: Weichen Wang, Princeton University
 

Weighted average estimator in nonparametric quantile regression for the data of higher dimensions
By Enno Mammen; University of Mannheim
Maria Marchenko; University of Mannheim
   Presented by: Maria Marchenko, University of Mannheim
 
Session 5: Information Asymmetry and Financial Markets
December 15, 2014 9:00 to 11:00
Room: 0.A.02
 
Session Chair: Rafael Repullo, CEMFI
 

Information Acquisition vs. Liquidity in Financial Markets
By Victoria Vanasco; Stanford University
   Presented by: Victoria Vanasco, Stanford University
 

Too much of a good thing? A theory of bank debt maturity structure
By Philipp König; DIW Berlin
David Pothier; DIW Berlin
   Presented by: Philipp König, DIW Berlin
 

Asset Opacity and Liquidity
By Andre Stenzel; University of Mannheim
Wolf Wagner; Tilburg University
   Presented by: Andre Stenzel, University of Mannheim
 

The Impact of Credit Rating Agencies on Capital Markets
By Spyros Terovitis; University of Warwick
   Presented by: Spyros Terovitis, University of Warwick
 
Session 6: Trade Costs
December 15, 2014 9:00 to 11:00
Room: 0.B.06
 
Session Chair: Thierry Mayer, Sciences Po
 

Trade and Development: Evidence from the Napoleonic Blockade
By Reka Juhasz; LSE
   Presented by: Reka Juhasz, LSE
 

Endogenous Transportation Costs
By Jose Asturias; Georgetown University
Scott Petty; University of Minnesota
   Presented by: Jose Asturias, Georgetown University
 

Competition and the welfare gains from transportation infrastructure: Evidence from the Golden Quadrilateral of India
By Jose Asturias; Georgetown University
Manuel García-Santana; ECARES
Roberto Ramos; Bank of Spain
   Presented by: Manuel García-Santana, ECARES
 

Maritime Transport Costs, Economic Activity and Air Pollution: The Case of China and the EU
By Markus Ludwig; University of Basel
   Presented by: Markus Ludwig, University of Basel
 
Session 7: Applications of Microeconometric Methods
December 15, 2014 11:30 to 13:30
Room: 0.B.06
 
Session Chair: Imran Rasul, University College London
 

Estimation of Network Effects without Network Data.
By Pedro Souza; London School of Economics
   Presented by: Pedro Souza, London School of Economics
 

Revealed preferences for diamond goods
By Sam Cosaert; Catholique University of Leuven
   Presented by: Sam Cosaert, Catholique University of Leuven
 

Benefits to elite schools and the formation of expected returns to education: Evidence from Mexico City
By Ricardo Estrada; European University Institute - Paris School of Economics
Jérémie Gignoux; Paris School of Economics
   Presented by: Jérémie Gignoux, Paris School of Economics
 
Session 8: Public Economics
December 15, 2014 11:30 to 13:30
Room: 1.A.14
 
Session Chair: Johannes Spinnewijn, London School of Economics
 

Monetary or Non-Monetary Instruments for Safe Driving: Panel Data Evidence on the Effect of Demerit-Point–System in Denmark
By Kibrom Abay; University of Copenhagen
   Presented by: Kibrom Abay, University of Copenhagen
 

Designing Efficient Education and Tax Policies
By Sebastian Findeisen; University of Mannheim
Dominik Sachs; University of Cologne
   Presented by: Dominik Sachs, University of Cologne
 

Government Allocation of Demand: Local Preferences in Public Procurement and Firm and Aggregate Productivity and Growth
By Michael Best; Stanford University
Jonas Hjort; Columbia University
David Szakonyi; Columbia University
   Presented by: Michael Best, Stanford University
 

The Causal Effect of the European Union Emissions Trading Scheme: Evidence from French Manufacturing Plants
By Jonathan Colmer; London School of Economics
Ralf Martin; Imperial college
Mirabelle Muuls; Imperial College London
Ulrich Wagner; Unversidad Carlos III de Madrid
   Presented by: Jonathan Colmer, London School of Economics
 
Session 9: Financial Markets and Macroeconomics
December 15, 2014 11:30 to 13:30
Room: 0.A.02
 
Session Chair: Fernando Broner, CREI, Universitat Pompeu Fabra, and Barc
 

Financial Innovation in Sovereign Borrowing and Public Provision of Liquidity
By Patricia Gomez; Bank of Spain
   Presented by: Patricia Gomez, Bank of Spain
 

A Theory of Balance Sheet Recessions with Informational and Trading Frictions
By Vladimir Asriyan; CREi, UPF, and Barcelona GSE
   Presented by: Vladimir Asriyan, CREi, UPF, and Barcelona GSE
 

The risk-taking channel of monetary policy - exploring all avenues
By Carla Soares; Banco de Portugal
Diana Bonfim; Banco de Portugal
   Presented by: Carla Soares, Banco de Portugal
 

International tax competition and the deficit bias
By Calin Arcalean; ESADE Business School
   Presented by: Calin Arcalean, ESADE Business School
 
Session 10: Theory 1
December 15, 2014 11:30 to 13:30
Room: 1.A.09
 
Session Chair: David Martimort, Paris School of Economics
 

Innovation Adoption and Collective Experimentation
By Evan Sadler; New York University
   Presented by: Evan Sadler, New York University
 

Strategic Learning and Information Transmission
By Alexander Frug; Tel Aviv University
   Presented by: Alexander Frug, Tel Aviv University
 

Managing Multiple Research Projects
By Alejandro Francetich; Bocconi University
   Presented by: Alejandro Francetich, Bocconi University
 

Self-Fulfilling Price Cycles
By James Best; University of Edinburgh
John Moore; University of Edinburgh and LSE
   Presented by: James Best, University of Edinburgh
 
Session 11: Development 1: The Private Sector and Public-Sector Incentives
December 15, 2014 11:30 to 13:30
Room: 0.A.05
 
Session Chair: Eliana La Ferrara, Bocconi University
 

Competition and Efficiency in Imperfect Markets: Evidence from Rwanda's Coffee Wet Mills
By Ameet Morjaria; Harvard University
Rocco Macchiavello; Warwick University
   Presented by: Ameet Morjaria, Harvard University
 

Firms' Response and Unintended Health Consequences of Industrial Regulations
By Christopher Hansman; Columbia University
Jonas Hjort; Columbia University
Gianmarco Leon; UPF and Barcelona GSE
   Presented by: Gianmarco Leon, UPF and Barcelona GSE
 

Financial Incentives as Signals: Experimental Evidence from the Recruitment of Health Workers
By Erika Deserranno; London School of Economics
   Presented by: Erika Deserranno, London School of Economics
 

Rules Rather Than Discretion: Teacher Hiring and Rent Extraction
By Ricardo Estrada; European University Institute - Paris School of Economics
   Presented by: Ricardo Estrada, European University Institute - Paris School of Economics
 
Session 12: Time Series Models and Forecasting Applications
December 15, 2014 11:30 to 13:30
Room: 0.A.01
 
Session Chair: Barbara Rossi, ICREA-Univ. Pompeu Fabra, Barcelona GSE
 

Forecasting during the Financial Crisis: Evaluating Point and Density Forecasts of an Estimated DSGE Model for the UK
By Nicholas Fawcett; Bank of England
Lena Koerber; Bank of England and London School of Economics
Riccardo Maria Masolo; Bank of England
Matthew Waldron; Bank of England
   Presented by: Lena Koerber, Bank of England and London School of Economics
 

Adaptive Models and Heavy Tails
By Davide Delle Monache; Bank of Italy
   Presented by: Davide Delle Monache, Bank of Italy
 

A Forecast Rationality Test that Allows for Loss Function Asymmetries
By Andrea Naghi; The University of Warwick
   Presented by: Andrea Naghi, The University of Warwick
 

The Macroeconomic Determinants of the US Term Structure during the Great Moderation
By Alessia Paccagnini; Università degli Studi di Milano-Bicocca
   Presented by: Alessia Paccagnini, Università degli Studi di Milano-Bicocc
 
Session 13: Behavioral Economics - Foundations
December 15, 2014 14:30 to 16:30
Room: 1.A.14
 
Session Chair: Georg von Weizsäcker,
 

Competition with Price Similarities
By Benjamin Bachi; Tel Aviv University
   Presented by: Benjamin Bachi, Tel Aviv University
 

Preference Identification Under Inconsistent Choice: A Reduced-Form Approach
By Jacob Goldin; Princeton University
Daniel Reck; University of Michigan
   Presented by: Daniel Reck, University of Michigan
 

Knowing me, imagining you: Preference projection and overbidding in auctions
By Yves Breitmoser; Humboldt-Universität zu Berlin
   Presented by: Yves Breitmoser, Humboldt University
 
Session 14: Theoretical and Empirical IO
December 15, 2014 14:30 to 16:30
Room: 0.A.05
 
Session Chair: Patrick Rey, University of Toulouse
 

The role of captive consumers in retailers' location choice
By Anett Erdmann; Universidad Carlos III de Madrid
   Presented by: Anett Erdmann, Universidad Carlos III de Madrid
 

Collusion mechanisms in auctions with private and common values
By Gyula Seres; Tilburg University
   Presented by: Gyula Seres, Tilburg University
 

Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market
By Mathias Reynaert; University of Leuven
   Presented by: Mathias Reynaert, University of Leuven
 

Dynamics of Yardstick Regulation: Historical Cost Data and the Ratchet Effect
By Johannes Meya; Georg-August University Göttingen
   Presented by: Johannes Meya, Georg-August University Göttingen
 
Session 15: Panel Data, Spatial Models, Social Interactions, Empirical Networks
December 15, 2014 14:30 to 16:30
Room: 0.B.06
 
Session Chair: Jean-Marc Robin, Sciences-Po
 

Unconditional Transformed Likelihood Estimation of Time-Space Dynamic Panel Data Models
By Sebastian Kripfganz; Goethe University Frankfurt
   Presented by: Sebastian Kripfganz, Goethe University Frankfurt
 

Identification of Endogenous Spillover Effects using Panel Data
By Christiern Rose; University of Bristol
   Presented by: Christiern Rose, University of Bristol
 

An empirical model of dyadic link formation in a network with unobserved heterogeneity
By Andreas Dzemski; University of Mannheim
   Presented by: Andreas Dzemski, University of Mannheim
 

When a Random Sample is Not Random. Bounds on the Effect of Migration on Household Members Left Behind
By Andreas Steinmayr; University of Chicago
   Presented by: Andreas Steinmayr, University of Chicago
 
Session 16: Econometric Theory
December 15, 2014 14:30 to 16:30
Room: 0.A.01
 
Session Chair: Enrique Sentana, CEMFI
 

Bootstrapping integrated covariance matrix estimators in noisy jump-diffusion models with non-synchronous trading
By Ulrich Hounyo; University of Oxford
   Presented by: Ulrich Hounyo, University of Oxford
 

Identifying Multi-Attribute Hedonic Models
By Victor Chernozhukov; MIT
Alfred Galichon; Sciences Po
Marc Henry; Penn State
   Presented by: Marc Henry, Penn State
 

Forecast Rationality Tests in the Presence of Instabilities, With Applications to Federal Reserve and Survey Forecasts
By Barbara Rossi; ICREA-Univ. Pompeu Fabra, Barcelona GSE
Tatevik Sekhposyan; Texas A&M University
   Presented by: Tatevik Sekhposyan, Texas A&M University
 

Identification and Inference of a Bivariate Durations Model Driven by Levy Subordinators
By Ruixuan Liu; University of Washington
   Presented by: Ruixuan Liu, University of Washington
 
Session 17: Financial System Architecture and Financial Frictions
December 15, 2014 14:30 to 16:30
Room: 0.A.02
 
Session Chair: Rafael Repullo, CEMFI
 

Collateral-Based Asset Pricing
By Roberto Steri; Duke University
   Presented by: Roberto Steri, Duke University
 

Internal-external liquidity feedbacks
By Francesca Zucchi; Swiss Finance Institute
   Presented by: Francesca Zucchi, Swiss Finance Institute
 

Money for Nothing: The Consequences of Repo Rehypothecation
By Sebastian Infante; FRB
   Presented by: Sebastian Infante, FRB
 

Banking and Shadow Banking
By Ji Huang; Princeton University
   Presented by: Ji Huang, Princeton University
 
Session 18: Theory 2
December 15, 2014 14:30 to 16:30
Room: 1.A.09
 
Session Chair: David Martimort, Paris School of Economics
 

Real Options and Dynamic Incentives
By Eduardo Faingold; Yale University
Suvi Vasama; Humboldt University of Berlin
   Presented by: Suvi Vasama, Humboldt University of Berlin
 

Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims
By Georgy Chabakauri; London School of Economics
Konstantinos Zachariadis; London School of Economics
   Presented by: Konstantinos Zachariadis, London School of Economics
 

Sequential Auctions with Background Risks and Heterogeneous Bidders
By Audrey Hu; University of Amsterdam/Tinbergen Institute
Liang Zou; University of Amsterdam
   Presented by: Audrey Hu, University of Amsterdam/Tinbergen Institute
 
Session 19: Information and Political Economy
December 16, 2014 9:00 to 11:00
Room: 0.A.05
 
Session Chair: Gerard Padró i Miquel, London School of Economics
 

Balance sheet disclosure and the budget cycle: how informed voters influence mayors' spending decisions
By Luca Repetto; CEMFI
   Presented by: Luca Repetto, CEMFI
 

Persuading Voters
By V. Ricardo Alonso; Marshall School of Business
Odilon Camara; Marshall School of Business
   Presented by: V. Ricardo Alonso, Marshall School of Business
 

Collective Learning with Private Values
By Boris Ginzburg; University College London
   Presented by: Boris Ginzburg, University College London
 

How Political Parties Shape Electoral Competition
By Nicolas Motz; UCL
   Presented by: Nicolas Motz, UCL
 
Session 20: Policy Analysis
December 16, 2014 9:00 to 11:00
Room: 0.B.06
 
Session Chair: Imran Rasul, University College London
 

Synthesizing Cash for Clunkers: Stabilizing the Car Market, Hurting the Environment
By Gregor Pfeifer; Saarland University
Stefan Klossner; Saarland University
   Presented by: Gregor Pfeifer, Saarland University
 

Cash and Pensions: Have the elderly in England saved optimally for retirement?
By Cormac O'Dea; IFS
   Presented by: Cormac O'Dea, IFS
 

Behavioral responses to inheritance tax: Evidence from notches in France
By Jonathan Goupille-Lebret; Paris School of Economics
Arturo Infante; Axa
   Presented by: Jonathan Goupille-Lebret, Paris School of Economics
 

Non-linear income effects and the welfare consequences of tax in differentiated product oligopoly
By Martin O'Connell; Institute for Fiscal Studies, UCL
   Presented by: Martin O'Connell, Institute for Fiscal Studies, UCL
 
Session 21: Sovereign Debt
December 16, 2014 9:00 to 11:00
Room: 0.A.02
 
Session Chair: Fernando Broner, CREI, Universitat Pompeu Fabra, and Barc
 

Monetary Policy and Sovereign Debt Vulnerability
By Carlos Thomas; Banco de España
   Presented by: Carlos Thomas, Banco de España
 

Systemic Soveriegn Risk: Macroeconomic Implications in the Euro Area
By Saleem Bahaj; University of Cambridge
   Presented by: Saleem Bahaj, University of Cambridge
 

Income Inequality and Sovereign Debt Default
By Zeynep Kabukcuoglu; University of Pittsburgh
   Presented by: Zeynep Kabukcuoglu, University of Pittsburgh
 

Sovereign Default and Progressive Taxation
By Axelle Ferriere; New York University
   Presented by: Axelle Ferriere, New York University
 
Session 22: Macroeconomics with Heterogenous Agents
December 16, 2014 9:00 to 11:00
Room: 1.A.14
 
Session Chair: Mariacristina De Nardi, UCL and Federal Reserve Bank of Chicago
 

Financial Frictions, Occupational Choice and Economic Inequality
By Lian Allub; European University Institute
   Presented by: Lian Allub, European University Institute
 

The Political Economy of Inclusive Rural Growth
By Michael Carter; University of California at Davis
John Morrow; London School of Economics
   Presented by: John Morrow, London School of Economics
 

Wage Rigidity and Labor Market Dynamics with Sorting
By Bastian Schulz; Ifo Institute
   Presented by: Bastian Schulz, Ifo Institute
 
Session 23: Theory 3
December 16, 2014 9:00 to 11:00
Room: 1.A.09
 
Session Chair: David Martimort, Paris School of Economics
 

Characterization and Uniqueness of Equilibrium in Competitive Insurance
By Vitor Farinha Luz; European University Insitute
   Presented by: Vitor Farinha Luz, European University Insitute
 

An Efficient Competitive Insurance Market with Adverse Selection
By Anastasios Dosis; ESSEC Business School
   Presented by: Anastasios Dosis, ESSEC Business School
 

Mediated Audits
By Martin Pollrich; Humboldt-Universität zu Berlin
   Presented by: Martin Pollrich, Humboldt-Universität zu Berlin
 

Smooth, strategic communication
By Inga Deimen; University of Bonn
Dezso Szalay; University of Bonn
   Presented by: Inga Deimen, University of Bonn
 
Session 24: Advances in Financial Econometrics
December 16, 2014 9:00 to 11:00
Room: 0.A.01
 
Session Chair: Barbara Rossi, ICREA-Univ. Pompeu Fabra, Barcelona GSE
 

Time-Varying Risk Premium in Large Cross-Sectional Equity Datasets
By Patrick Gagliardini; University of Lugano
Elisa Ossola; University of Lugano
Olivier Scaillet; University of Geneva and Swiss Finance Institute
   Presented by: Elisa Ossola, University of Lugano
 

Spurious factors in linear asset pricing models
By Svetlana Bryzgalova; London School of Economics
   Presented by: Svetlana Bryzgalova, London School of Economics
 

Return Predictability: Learning from the Cross-Section
By Julien Penasse; ESSEC / Tilburg University
   Presented by: Julien Penasse, ESSEC / Tilburg University
 

High frequency econometrics of financial portfolio and hedging error
By Xiye Yang; University of Amsterdam
   Presented by: Xiye Yang, University of Amsterdam
 
Session 25: Networks and Peers
December 16, 2014 11:30 to 13:30
Room: 1.A.14
 
Session Chair: Andrea Weber, University of Mannheim
 

Preventing Employee Departure: A Human Capital Model with Innovation
By Koray Sayili; Queen's University
   Presented by: Koray Sayili, Queen's University
 

Coworkers, Networks, and Job Search Outcomes
By Perihan Saygin; University of Mannheim
Andrea Weber; University of Mannheim
Michele Weynandt; University of Mannheim
   Presented by: Perihan Saygin, University of Mannheim
 

Persistent Classmates: How Familiarity with Peers Protects from Disruptive School Transitions
By Son Thierry Ly; PSE
Arnaud Riegert; PSE/CREST
   Presented by: Son Thierry Ly, PSE
 

Lone Stars or Constellations? The Impact of Performance Pay on Matching Assortativeness in Academia
By Erina Ytsma; London School of Economics
   Presented by: Erina Ytsma, London School of Economics
 
Session 26: Dispersed Information, Factor Misallocation and Business Cycles
December 16, 2014 11:30 to 13:30
Room: 0.A.02
 
Session Chair: Christian Hellwig, Toulouse School of Economics
 

Dispersed Information, Excess Volatility, and Business Cycles
By Jieran Wu; University of Virginia
   Presented by: Jieran Wu, University of Virginia
 

A New Look at Uncertainty Shocks: Imperfect Information and Misallocation
By Tatsuro Senga; The Ohio State University
   Presented by: Tatsuro Senga, The Ohio State University
 

Endogenous Uncertainty and Credit Crunches
By Ludwig Straub; MIT
Robert Ulbricht; Toulouse School of Economics
   Presented by: Robert Ulbricht, Toulouse School of Economics
 

Delayed Capital Reallocation
By Wei Cui; University College London
   Presented by: Wei Cui, University College London
 
Session 27: Theory and IO
December 16, 2014 11:30 to 13:30
Room: 1.A.09
 
Session Chair: Patrick Rey, University of Toulouse
 

Information in Contests
By Marco Serena; Universidad Carlos III de Madrid
   Presented by: Marco Serena, Universidad Carlos III de Madrid
 

The Bidder Exclusion Effect
By Dominic Coey; eBay Research Labs
Bradley Larsen; Stanford University
Kane Sweeney; eBay Research Labs
   Presented by: Dominic Coey, Stanford University
 

The Folk Theorem with Imperfect Public Information in Continuous Time
By Benjamin Bernard; University of Alberta
Christoph Frei; University of Alberta
   Presented by: Benjamin Bernard, University of Alberta
 

Cash-constrained Households and Product Size
By Tiago Pires; University of North Carolina
Alberto Salvo; NUS
   Presented by: Tiago Pires, University of North Carolina
 
Session 28: Microeconometrics
December 16, 2014 11:30 to 13:30
Room: 0.A.01
 
Session Chair: Manuel Arellano, CEMFI
 

Nonparametric Tests for Conditional Treatment Effects with Duration Outcomes
By Pedro Sant'Anna; Universidad Carlos III
   Presented by: Pedro Sant'Anna, Universidad Carlos III
 

Asymptotics for maximum score method under general conditions
By Myung Hwan Seo; London School of Economics
Taisuke Otsu; London School of Economics
   Presented by: Taisuke Otsu, London School of Economics
 

An approximation method for discrete Markov decision models with high dimensional state space
By Masaaki Imaizumi; The university of Tokyo
   Presented by: Masaaki Imaizumi, The university of Tokyo
 

Nonparametric Instrumental Variable Estimation Under Monotonicity
By Denis Chetverikov; UCLA
Daniel Wilhelm; University College London
   Presented by: Daniel Wilhelm, University College London
 
Session 29: Development 2: Migration, Conflict and Historical Legacies
December 16, 2014 11:30 to 13:30
Room: 0.A.05
 
Session Chair: Eliana La Ferrara, Bocconi University
 

Short Term Migration and Rural Workfare Programs
By Clément Imbert; Oxford University
John Papp; Princeton University
   Presented by: Clément Imbert, Oxford University
 

Lynchings, Labour and Cotton in the U.S. South
By Cornelius Christian; University of Oxford
   Presented by: Cornelius Christian, University of Oxford
 

Persistent Impacts of Temporary Demand Shocks: How U.S. Servicemen Shaped Thailand's Sex Industry
By Abel Brodeur; Paris School of Economics
   Presented by: Abel Brodeur, Paris School of Economics
 

Mobilizing the Masses for Genocide
By Thorsten Rogall; IIES, Stockholm
   Presented by: Thorsten Rogall, IIES, Stockholm
 
Session 30: Globalization and Firm Organization
December 16, 2014 11:30 to 13:30
Room: 0.B.06
 
Session Chair: Thierry Mayer, Sciences Po
 

Management Quality, Firm Organization, and International Trade
By cheng chen; The University of Hong Kong
   Presented by: Cheng Chen, The University of Hong Kong
 

The organization of knowledge in multinational firms
By Anna Gumpert; Ludwig-Maximilians-Universitaet Muenchen
   Presented by: Anna Gumpert, Ludwig-Maximilians-Universitaet Muenchen
 

Export-Learning and FDI with Heterogeneous Firms
By Amanda Jakobsson; Singapore Management University
   Presented by: Amanda Jakobsson, Singapore Management University
 

Trade, Technologies, and the Evolution of Corporate Governance
By Jan Schymik; University of Munich
   Presented by: Jan Schymik, University of Munich
 
Session 31: Topics in Labor Economics
December 16, 2014 14:30 to 16:30
Room: 0.A.05
 
Session Chair: Imran Rasul, University College London
 

The Inefficiency of Worker Time Use
By Decio Coviello; HEC Montreal
Andrea Ichino; European University Institute
Nicola Persico; Northwestern University
   Presented by: Decio Coviello, HEC Montreal
 

Regional Migration and Homeownership in the USA
By Florian Oswald; UCL
   Presented by: Florian Oswald, UCL
 

Learning from Adversity? Short- and Long-Term Spillover Effects from Grade Retention in Kindergarten
By Jan Bietenbeck; CEMFI
   Presented by: Jan Bietenbeck, CEMFI
 

Information and Crime Perceptions: Evidence from a Natural Experiment
By Luigi Minale; UCL
Nicola Mastrorocco; LSE
   Presented by: Luigi Minale, UCL
 
Session 32: Unconventional Macroeconomic Policy
December 16, 2014 14:30 to 16:30
Room: 1.A.09
 
Session Chair: Fernando Broner, CREI, Universitat Pompeu Fabra, and Barc
 

International Spillovers of Large-Scale Asset Purchases
By Serdar Kabaca; Bank of Canada
   Presented by: Serdar Kabaca, Bank of Canada
 

Regulating Capital Flows at Both Ends: Does it Work?
By Mahvash Qureshi; International Monetary Fund
   Presented by: Mahvash Qureshi, International Monetary Fund
 

Motivations for Capital Controls and their Effectiveness
By Gurnain Pasricha; Bank of Canada
   Presented by: Gurnain Pasricha, Bank of Canada
 

International Transmission Channels of U.S. Quantitative Easing: Evidence from Canada
By Tatjana Dahlhaus; Bank of Canada
   Presented by: Tatjana Dahlhaus, Bank of Canada
 
Session 33: Investment, Heterogenity, and the Macroeconomy
December 16, 2014 14:30 to 16:30
Room: 1.A.14
 
Session Chair: Mariacristina De Nardi, UCL and Federal Reserve Bank of Chicago
 

Do plants freeze upon uncertainty shocks?
By Ariel Mecikovsky; Universitaet Bonn
Matthias Meier; Universitaet Bonn
   Presented by: Ariel Mecikovsky, Universitaet Bonn
 

Untitled Land, Occupational Choice, and Agricultural Productivity
By Chaoran Chen; University of Toronto
   Presented by: Chaoran Chen, University of Toronto
 

The firm size distribution across countries and skill-biased change in entrepreneurial technology
By Markus Poschke; McGill University, Montreal
   Presented by: Markus Poschke, McGill University, Montreal
 

Parental Time Investment and Intergenerational Human Capital Formation: A Quantitative Analysis
By Minchul Yum; Ohio State University
   Presented by: Minchul Yum, Ohio State University
 
Session 34: Uncertainty and Learning over the Business Cycle
December 16, 2014 14:30 to 16:30
Room: 0.A.02
 
Session Chair: Christian Hellwig, Toulouse School of Economics
 

Time Varying Volatility and the Origins of Financial Crises
By Omar Rachedi; Universidad Carlos III de Madrid
   Presented by: Omar Rachedi, Universidad Carlos III de Madrid
 

Uncertainty in the Housing Market: A Learning Model and Evidence from Household Survey Data
By Huong Nguyen; International Monetary Fund
   Presented by: Huong Nguyen, International Monetary Fund
 

The Role of Learning for Asset Prices, Business Cycles and Monetary Policy
By Fabian Winkler; London School of Economics
   Presented by: Fabian Winkler, London School of Economics
 
Session 35: Structural Microeconometrics
December 16, 2014 14:30 to 16:30
Room: 0.B.06
 
Session Chair: Jean-Marc Robin, Sciences-Po
 

Learning by Doing and the Demand for Advanced Products
By Yufeng Huang; Tilburg University
   Presented by: Yufeng Huang, Tilburg University
 

Censored Fractional Response Regression Model: Estimating Heterogeneous Relative Risk Aversion of European Households
By Qizhou Xiong; Toulouse School of Economics
   Presented by: Qizhou Xiong, Toulouse School of Economics
 

Disentangling Spillovers from Correlated Confounders using GMM
By Santiago Pereda-Fernández; Banca d'Italia
   Presented by: Santiago Pereda-Fernández, Banca d'Italia
 

Hidden Rust Models
By Benjamin Connault; Princeton University
   Presented by: Benjamin Connault, Princeton University
 
Session 36: Contribution in Time Series
December 16, 2014 14:30 to 16:30
Room: 0.A.01
 
Session Chair: Barbara Rossi, ICREA-Univ. Pompeu Fabra, Barcelona GSE
 

Generalized Autoregressive Method of Moments
By Drew Creal; University of Chicago Booth School of Business
Siem Jan Koopman; VU University Amsterdam
Andre Lucas; VU University Amsterdam
Marcin Zamojski; VU University Amsterdam
   Presented by: Marcin Zamojski, VU University Amsterdam
 

Bayesian Sparse Graphical Multivariate Autoregressions
By Daniel Felix Ahelegbey; University Ca' Foscari of Venice
Monica Billio; Università di Venezia
Roberto Casarin; University Ca' Foscari of Venice
   Presented by: Daniel Felix Ahelegbey, University Ca' Foscari of Venice
 

Did US consumers save for a rainy day before the Great Recession?
By Andre Anundsen; Norges Bank
Ragnar Nymoen; University of Oslo
   Presented by: Andre Anundsen, Norges Bank
 

Are the shocks obtained from SVAR fundamental?
By Mehdi Hamidi Sahneh; Carlos III University
   Presented by: Mehdi Hamidi Sahneh, Carlos III University
 

36 sessions, 138 papers, and 0 presentations with no associated papers
 
Index of Participants

Legend: C=chair, P=Presenter, D=Discussant
#ParticipantRoles in Conference
1Abay, KibromP8
2Ahelegbey, Daniel FelixP36
3Allub, LianP22
4Alonso, V. RicardoP19
5Anundsen, AndreP36
6Arcalean, CalinP9
7Arellano, ManuelC4, C28
8Asriyan, VladimirP9
9Asturias, JoseP6
10Bachi, BenjaminP13
11Bahaj, SaleemP21
12Bernard, BenjaminP27
13Best, JamesP10
14Best, MichaelP8
15Bietenbeck, JanP31
16Bodnar, TarasP4
17Breitmoser, YvesP13
18Brodeur, AbelP29
19Broner, FernandoC9, C21, C32
20Bryzgalova, SvetlanaP24
21Casas, AgustinP1
22Chen, ChaoranP33
23Chen, ChengP30
24Christian, CorneliusP29
25Coey, DominicP27
26Colmer, JonathanP8
27Connault, BenjaminP35
28Cosaert, SamP7
29Coviello, DecioP31
30Cui, WeiP26
31Dahlhaus, TatjanaP32
32De Nardi, MariacristinaC22, C33
33Deimen, IngaP23
34Delle Monache, DavideP12
35Deserranno, ErikaP11
36Dosis, AnastasiosP23
37Dzemski, AndreasP15
38Erdmann, AnettP14
39Estrada, RicardoP11
40Farinha Luz, VitorP23
41Ferriere, AxelleP21
42Fetzer, ThiemoP1
43Francetich, AlejandroP10
44Frug, AlexanderP10
45García-Santana, ManuelP6
46Gignoux, JérémieP7
47Ginzburg, BorisP19
48Gomez, PatriciaP9
49Goupille-Lebret, JonathanP20
50Guerriero, CarmineP1
51Gumpert, AnnaP30
52Hamidi Sahneh, MehdiP36
53Hellwig, ChristianC26, C34
54Henry, MarcP16
55Hounyo, UlrichP16
56Hu, AudreyP18
57Huang, JiP17
58Huang, YufengP35
59Imaizumi, MasaakiP28
60Imbert, ClémentP29
61Infante, SebastianP17
62Jakobsson, AmandaP30
63Juhasz, RekaP6
64Kabaca, SerdarP32
65Kabátek, JanP2
66Kabukcuoglu, ZeynepP21
67König, PhilippP5
68Koerber, LenaP12
69Kripfganz, SebastianP15
70Kuehn, ZoeP3
71La Ferrara, ElianaC11, C29
72Lee, Sang Yoon (Tim)C3, P3
73Leon, GianmarcoP11
74Liu, RuixuanP16
75Ludwig, MarkusP6
76Ly, Son ThierryP25
77Marchenko, MariaP4
78Martimort, DavidC10, C18, C23
79Martinez-Bravo, MonicaP1
80Mayer, ThierryC6, C30
81Mecikovsky, ArielP33
82Meya, JohannesP14
83Minale, LuigiP31
84Morjaria, AmeetP11
85Morrow, JohnP22
86Motz, NicolasP19
87Naghi, AndreaP12
88Nguyen, HuongP34
89O'Connell, MartinP20
90O'Dea, CormacP20
91Ossola, ElisaP24
92Oswald, FlorianP31
93Otsu, TaisukeP28
94Paccagnini, AlessiaP12
95Padró i Miquel, GerardC1, C19
96Pasricha, GurnainP32
97Penasse, JulienP24
98Pereda-Fernández, SantiagoP35
99Pfeifer, GregorP20
100Pires, TiagoP27
101Pollrich, MartinP23
102Poschke, MarkusP33
103Pugh, Thomas MichaelP3
104Qureshi, MahvashP32
105Rachedi, OmarP34
106Rasul, ImranC7, C20, C31
107Reck, DanielP13
108Repetto, LucaP19
109Repullo, RafaelC5, C17
110Rey, PatrickC14, C27
111Reynaert, MathiasP14
112Robin, Jean-MarcC15, C35
113Rogall, ThorstenP29
114Rose, ChristiernP15
115Rossi, BarbaraC12, C24, C36
116Sachs, DominikP8
117Sadler, EvanP10
118Sant'Anna, PedroP28
119Saygin, PerihanP25
120Sayili, KorayP25
121Schulz, BastianP22
122Schymik, JanP30
123Sekhposyan, TatevikP16
124Senga, TatsuroP26
125Sentana, EnriqueC16
126Serena, MarcoP27
127Seres, GyulaP14
128Soares, CarlaP9
129Soberon, AlexandraP4
130Soldani, EmiliaP2
131Souza, PedroP7
132Spinnewijn, JohannesC8
133Steinmayr, AndreasP15
134Stenzel, AndreP5
135Steri, RobertoP17
136Terovitis, SpyrosP5
137Thomas, CarlosP21
138Ulbricht, RobertP26
139Vanasco, VictoriaP5
140Vasama, SuviP18
141von Weizsäcker, GeorgC13
142Wang, WeichenP4
143Weber, AndreaC2, C25
144Wilhelm, DanielP28
145Wilner, LionelP2
146Winkler, FabianP34
147Wu, JieranP26
148Xiong, QizhouP35
149Yang, XiyeP24
150Ytsma, ErinaP25
151Yum, MinchulP33
152Yurdagul, EmircanP3
153Zachariadis, KonstantinosP18
154Zamojski, MarcinP36
155Zucchi, FrancescaP17

 

This program was last updated on 2015-01-10 8:7:22 EDT