2008 North American Winter Meeting of the Econometric Society

Summary of All Sessions

#Date/TimeLocationTypeTitlePapers
1January 4, 2008
2:30-4:30
Marriott/Bacchus contributed International Migration and Sending Countries4
2January 4, 2008
2:30-4:30
Marriott/Balcony Salon I&J invited Econometrics4
3January 4, 2008
2:30-4:30
Marriott/Balcony Salon M&N contributed Information Economics4
4January 4, 2008
2:30-4:30
Marriott/Bonaparte contributed The Pricing of Market Variance and Jump Risk4
5January 4, 2008
2:30-4:30
Sheraton/Regent invited New Faces in Econometrics4
6January 4, 2008
2:30-4:30
Marriott/Balcony Salon L invited Exporters and Multinationals4
7January 4, 2008
2:30-4:30
Marriott/Balcony Salon K invited Applications of Global Games3
8January 4, 2008
8:00-10:00
Marriott/Regent invited Public Finance4
9January 4, 2008
8:00-10:00
Marriott/Bacchus contributed Empirical Models of Labor, Marriage and Insurance Markets4
10January 4, 2008
8:00-10:00
Marriott/Balcony Salon M&N contributed Political Economy3
11January 4, 2008
8:00-10:00
Marriott/Balcony Salon L contributed Organizations and Compensation4
12January 4, 2008
8:00-10:00
Marriott/Bonaparte contributed Developments in Econometrics4
13January 4, 2008
8:00-10:00
Marriot/Balcony Salon I&J contributed Behavioral Choice Theory4
14January 4, 2008
8:00-10:00
Marriott/Balcony Salon K contributed Contracts and Communication4
15January 4, 2008
10:15-12:15
Marriott/Balcony Salon I&J invited Paired Invited Session: Frontiers of Monetary Economics2
16January 4, 2008
10:15-12:15
Marriott/Balcony Salon M&N invited Paired Invited Session: Combining Structural Models and Experimental Data2
17January 5, 2008
2:30-4:30
Marriott/Bonaparte invited Set Estimation4
18January 5, 2008
2:30-4:30
Marriott/Balcony Salon L invited Treatment Effects and Policy Analysis4
19January 5, 2008
2:30-4:30
Marriott/Balcony Salon I&J invited Recent Developments in Experimental Game Theory4
20January 5, 2008
2:30-4:30
Marriott/Balcony Salon K invited International Trade4
21January 5, 2008
2:30-4:30
Marriott/Regent contributed Information and Asset Prices4
22January 5, 2008
2:30-4:30
Marriott/Bacchus contributed Empirical Macroeconomics4
23January 5, 2008
2:30-4:30
Marriott/Balcony Salon M&N invited Nonlinear Financial Time Series4
24January 5, 2008
8:00-10:00
Marriott/Balcony Salon M&N contributed Dynamic Industrial Organization4
25January 5, 2008
8:00-10:00
Marriott/Balcony Salon K contributed Economics of Segregation4
26January 5, 2008
8:00-10:00
Marriott/I&J contributed Econometric Theory4
27January 5, 2008
8:00-10:00
Marriott/Regent invited High Dimensional Estimation4
28January 5, 2008
8:00-10:00
Marriott/Bacchus contributed Money, Banking and Payments4
29January 5, 2008
8:00-10:00
Marriott/Bonaparte invited Matching and Market Design4
30January 5, 2008
8:00-10:00
Marriott Balcony Salon L contributed Search Theory4
31January 5, 2008
10:15-12:15
Marriott/Balcony Salon M&N invited Paired Invited Session: Subsampling Methods in Econometrics 2
32January 5, 2008
10:15-12:15
Marriott/Balcony Salon I&J invited Paired Invited Session: Market Design2
33January 6, 2008
8:00-10:00
Marriott/Regent contributed Empirical Industrial Organization II4
34January 6, 2008
8:00-10:00
Marriott/Balcony Salon K contributed Theory and Evidence on Pricing Factors in Asset Markets5
35January 6, 2008
8:00-10:00
Marriott/Iberville contributed Monetary Economics4
36January 6, 2008
8:00-10:00
Marriott/Bacchus invited Foundations of Price Formation 4
37January 6, 2008
8:00-10:00
Marriott/Balcony/ Salon L invited Topics in macro and growth4
38January 6, 2008
8:00-10:00
Marriott/Balcony Salon J invited Structural Econometrics4
39January 6, 2008
10:15-12:15
Marriott/Iberville invited Microeconometrics: Identification and Estimation4
40January 6, 2008
10:15-12:15
Marriott/Balcony Salon J contributed International capital flows4
41January 6, 2008
10:15-12:15
Marriott/Bacchus invited Heterogeneous Information in Macroeconomics4
42January 6, 2008
10:15-12:15
Marriott/Balcony Salon L invited Experimental Economics5
43January 6, 2008
10:15-12:15
Marriott/Balcony Salon K contributed Macro Factors in Asset Markets4
44January 6, 2008
10:15-12:15
Marriott/Regent contributed Unemployment4
45January 6, 2008
12:30-2:30
Marriott/Balcony Salon J contributed Information Dynamics and Incentives4
46January 6, 2008
12:30-2:30
Marriott/Balcony Salon L contributed Informal Contractual Arrangements in Low-Income Countries4
47January 6, 2008
12:30-2:30
Marriott/Bacchus contributed Monetary, fiscal and exchange rate policy4
48January 6, 2008
12:30-2:30
Marriott/Balcony Salon K contributed Empirical Industrial Organization4
49January 6, 2008
12:30-2:30
Marriott/Regent contributed Corporate Control and Governance3
50January 6, 2008
12:30-2:30
Marriott/Iberville invited Adverse Selection, Herding, and Reputations4
 

50 sessions, 191 papers


 

2008 North American Winter Meeting of the Econometric Society

Complete List of All Sessions


Session 1: International Migration and Sending Countries

Session Chair: Gordon Hanson, UCSD
Session type: contributed
Session JEL code: O15
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Bacchus
 

Brain Drain and Brain Gain: Evidence from an African Success Story
JEL codes: F22 J24 O15
   Presented by: Catia Batista, University of Oxford
   Discussant: Michael Clemens, Center for Global Development
 

Occupational Choice, Migration and Remittances in El Salvador
   Presented by: Pablo Acosta, Andean Development Corporation (CAF)
   Discussant: Dean Yang, University of Michigan
 

Migration as Price Arbitrage: Evidence from Mexican Workers in the U.S.
   Presented by: Hyejin Ku, Cornell University
   Discussant: Gordon Hanson, UCSD
 

Self-selection patterns in Mexico-U.S. migration: The role of migration networks
   Presented by: David McKenzie, The World Bank
   Discussant: Pia Orrenius, Federal Reserve Bank of Dallas

Session 2: Econometrics

Session Chair: Paul Ruud, University of California
Session type: invited
Session JEL code: C01
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon I&J
 

Finite Sample Bias Corrections for IV Estimation with Weak and Many Instruments
JEL codes: C13, C31
   Presented by: Matthew Harding, MIT
   Discussant: Patrik Guggenberger, UCLA
 

Testing of Hypotheses in the Presence of Weakly Identified Nuisance Parameters
   Presented by: Eric Zivot, UNIVERSITY OF WASHINGTON
   Discussant: Stanislav Anatolyev, New Economic School
 

Inference on Counterfactual Distributions
   Presented by: Ivan Fernandez-Val, Boston University
   Discussant: Flavio Cunha, University of Pennsylvania
 

Semiparametric Multinomial Choice and Random Utility Models
   Presented by: Paul Ruud, University of California
   Discussant: Rosa Matzkin, UCLA

Session 3: Information Economics

Session Chair: Steven Matthews, University of Pennsylvania
Session type: contributed
Session JEL code: D82
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon M&N
 

Multidimensional Screening, Affiliation, and Full Separation
JEL codes: D82
   Presented by: Dezso Szalay, University of Warwick
 

An Economic Model of Friendship: Diversity, Minorities and Integration
   Presented by: Matthew O. Jackson, Stanford University
 

The fragility of information aggregation in large elections
   Presented by: Michael Mandler, Royal Holloway College, University of London
 

Smooth Monotone Games of Contribution
   Presented by: Steven Matthews, University of Pennsylvania

Session 4: The Pricing of Market Variance and Jump Risk

Session Chair: Torben Andersen, Northwestern University, Kellogg School
Session type: contributed
Session JEL code: G1
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Bonaparte
 

Bond Risk Premia and Realized Jump Volatility
JEL codes: G12,G14,E43,C22
   Presented by: Jonathan Wright, Federal Reserve Board
 

Nonparametric Estimation of State-Price Densities Implicit in Interest Rate Cap Prices
   Presented by: Feng Zhao, Rutgers University
 

The Price of Market Volatility Risk
   Presented by: Jefferson Duarte, University of Washington
 

The Pricing of Variance Risk in the US Treasury Market
   Presented by: oleg bondarenko, University of Illinois -- Chicago

Session 5: New Faces in Econometrics

Session Chair: Azeem Shaikh, University of Chicago
Session type: invited
Session JEL code: C01
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Sheraton/Regent
 

t-statistic Based Correlation and Heterogeneity Robust Inference
JEL codes: C32
   Presented by: Rustam Ibragimov, Harvard University
   Discussant: Brendan Beare, Yale University
 

One-dimensional inferences in autoregressive models in a potential presence of a unit root
   Presented by: Anna Mikusheva, Massachusetts Institute of Technology
   Discussant: Brendan Beare, Yale University
 

Instrumental Variables Methods for Recovering Continuous Linear Functionals
   Presented by: Andres Santos, University of California - San Diego
   Discussant: Giuseppe Ragusa, University of California, Irvine
 

Treatment Effect Bounds: An Application to Swan-Ganz Catheterization
   Presented by: Azeem Shaikh, University of Chicago
   Discussant: Giuseppe Ragusa, University of California, Irvine

Session 6: Exporters and Multinationals

Session Chair: Marc-Andreas Muendler, University of California, San Diego
Session type: invited
Session JEL code: F1
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon L
 

Dissecting FDI
JEL codes: F23, F12, C21
   Presented by: Joern Kleinert, Eberhard-Karls-University Tuebingen
   Discussant: Costas Arkolakis, University of Minnesota and Yale University
 

New Products in Export Markets: Learning from Experience and Learning from Others
   Presented by: Ricardo Lopez, Indiana University
   Discussant: Thomas Chaney, The University of Chicago
 

Offshoring and the Onshore Composition of Occupations, Tasks and Skills
   Presented by: Marc-Andreas Muendler, University of California, San Diego
 

Effects of Bilateral Tax Treaties on the Export Intensity of Foreign Affiliates
   Presented by: Ayca Tekin-Koru, Oregon State University

Session 7: Applications of Global Games

Session Chair: Andrea Finicelli, Bank of Italy
Session type: invited
Session JEL code: C7
Date: January 4, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon K
 

Endogenous information and credibility of beliefs in a global game
JEL codes: C72, D82, D84
   Presented by: Andrea Finicelli, Bank of Italy
 

Efficient Dynamic Coordination with Private Learning
   Presented by: Amil Dasgupta, London School of Economics
 

Network Structure in a Link Formation Game:
   Presented by: Rodrigo Harrison, Catholic University of Chile

Session 8: Public Finance

Session Chair: Che-Lin Su, Kellogg School of Management, Northwestern University
Session type: invited
Session JEL code: H2
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Regent
 

Public Policy and Human Capital Accumulation in an Endogenously Growing Economy with Labor-Market Frictions
JEL codes: O4, D9, J2
   Presented by: Ping Wang, Washington University of St. Louis
 

Informative Voting and the Samuelson Rule
   Presented by: Felix Bierbrauer, Max Planck Institute
 

The Role of Social Preferences for Optimal Taxation without Commitment
   Presented by: Catarina Reis, Universidade Católica Portuguesa
 

Optimal Income Taxation with Multidimensional Taxpayer Types
   Presented by: Che-Lin Su, Kellogg School of Management, Northwestern University

Session 9: Empirical Models of Labor, Marriage and Insurance Markets

Session Chair: Michael Keane, University of Technology Sydney
Session type: contributed
Session JEL code: J0
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Bacchus
 

A Dynamic Equilibrium Model of the U.S. Wage Structure, 1968-1996
JEL codes: H2, J23, J31
   Presented by: Michael Keane, University of Technology Sydney
 

Competing for the Opposite Sex: An Equilibrium Model of Sex and Dating
   Presented by: Peter Arcidiacono, Duke University
 

Bankruptcy, Medical Insurance and a Law with Unintended Consequences
   Presented by: Thomas Koch, University of California, Santa Barbara
 

On Scarlet Letters and Clean Slates: Criminal Records Policy in a Dynamic Model of Human Capital Accumulation and Criminal Behavior
   Presented by: Juan Pantano, UCLA

Session 10: Political Economy

Session Chair: Nicolas Sahuguet, HEC Montreal
Session type: contributed
Session JEL code: p16
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon M&N
 

Who abstains in equilibrium?
JEL codes: D71, D72, D82.
   Presented by: Santiago Oliveros, Haas School of Business- UC Berkeley
 

A Positive Theory of Income Taxation
   Presented by: Oriol Carbonell-Nicolau, Rutgers University
 

REDISTRIBUTIVE POLITICS WITH DISTORTIONARY TAXATION
   Presented by: Nicolas Sahuguet, HEC Montreal

Session 11: Organizations and Compensation

Session Chair: Derek Neal, University of Chicago
Session type: contributed
Session JEL code: J3
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon L
 

Hierarchies and Earnings Inequality Among U.S. Lawyers, 1977-92
JEL codes: J24,J31,J44,L22
   Presented by: Thomas Hubbard, Northwestern University (KSM)
   Discussant: Mario Macis, university of chicago
 

Difference That CEOs Make: An Assignment Model Approach
   Presented by: Marko Tervio, University of California, Berkeley
   Discussant: Mario Macis, university of chicago
 

Superstars or Superlemons? Top Executive Pay and Corporate Acquisitions
   Presented by: Antonio Falato, Federal Reserve Board
   Discussant: Derek Neal, University of Chicago
 

A Calibratable Model of Optimal CEO Incentives in Market Equilibrium
   Presented by: Alex Edmans, University of Pennsylvania
   Discussant: Derek Neal, University of Chicago

Session 12: Developments in Econometrics

Session Chair: Victor Chernozhukov, MIT
Session type: contributed
Session JEL code: C1
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Bonaparte
 

Quantile-Based Nonparametric Inference for First-Price Auctions
   Presented by: Vadim Marmer, University of British Columbia
 

TESTING FOR STOCHASTIC MONOTONICITY
   Presented by: Yoon-Jae Whang, Seoul National University
 

Testing Parameter Constancy Across Many Groups
   Presented by: Shinichi Sakata, University of British Columbia
 

Inference in linear regression models with many regressors
   Presented by: Stanislav Anatolyev, New Economic School

Session 13: Behavioral Choice Theory

Session Chair: Jawwad Noor, Boston University
Session type: contributed
Session JEL code: D01
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriot/Balcony Salon I&J
 

Living with Risk
JEL codes: D80, D81
   Presented by: Larry Epstein, Boston University
 

Foundations of Intrinsic Habit Formation
   Presented by: Kareen Rozen, Princeton University
 

Absolute Ambiguity Aversion and Mean-Dispersion Preferences
   Presented by: Simon Grant, Rice University
 

Hyperbolic Discounting and the Standard Model
   Presented by: Jawwad Noor, Boston University

Session 14: Contracts and Communication

Session Chair: Shan ZHAO, GREMAQ
Session type: contributed
Session JEL code: D86
Date: January 4, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon K
 

Secret Contracts for Efficient Partnerships
JEL codes: D21, D23, D82.
   Presented by: David Rahman, Universidad Carlos III de Madrid
 

Disclosing Multiple Product Attributes
   Presented by: Jiayin Sun, Boston University
 

Two-sided Argumentation
   Presented by: Wioletta Dziuda, Kellogg School of Management
 

Policy Persistence in Repeated Common Agency Game
   Presented by: Shan ZHAO, GREMAQ

Session 15: Paired Invited Session: Frontiers of Monetary Economics

Session Chair: George-Marios Angeletos, Massachusetts Institute of Technology
Session type: invited
Session JEL code: E5
Date: January 4, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon I&J
 

A New Model of Central-Bank Intervention
   Presented by: Neil Wallace, Pennsylvania State University
   Discussant: Nobuhiro Kiyotaki, Princeton University
 

Inflation and Unemployment in the Long Run
   Presented by: Randall Wright, University of Pennsylvania
   Discussant: Nobuhiro Kiyotaki, Princeton University

Session 16: Paired Invited Session: Combining Structural Models and Experimental Data

Session Chair: Edward Vytlacil, Columbia University
Session type: invited
Session JEL code: C01
Date: January 4, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon M&N
 

Estimating Dynamic Models Using Experimental Data
   Presented by: Costas Meghir, University College London
   Discussant: Joseph Altonji, Yale University
 

Ex Ante Policy Evaluation
   Presented by: Kenneth Wolpin, University of Pennsylvania
   Discussant: Joseph Altonji, Yale University

Session 17: Set Estimation

Session Chair: Victor Chernozhukov, MIT
Session type: invited
Session JEL code: C1
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Bonaparte
 

New Estimation Methods in Set Identified Models
   Presented by: Elie Tamer, Northwestern University
 

Inference in Incomplete Models
   Presented by: Alfred Galichon, Ecole Polytechnique
 

Set Identified Linear Models
   Presented by: Christian Bontemps, Toulouse School of Economics
 

Asymptotic Behavior of Inequality Constrained Models - With Applications to Office Supply Superstores
   Presented by: Francesca Molinari, Cornell

Session 18: Treatment Effects and Policy Analysis

Session Chair: Arthur Lewbel, Boston College
Session type: invited
Session JEL code: c21
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon L
 

A nonparametric analysis of optimal healthcare expenditure
JEL codes: C14, C21, C44
   Presented by: Debopam Bhattacharya, Dartmouth College
 

Adaptive Design of Multiple Stage Experiments using the Propensity Score
   Presented by: Keisuke Hirano, University of Arizona
 

Heterogeneous Treatment Effects: Instrumental Variables without Monotonicity?
   Presented by: Tobias Klein, Tilburg University
 

Identifying the Returns to Lying When the Truth is Unobserved
   Presented by: Arthur Lewbel, Boston College

Session 19: Recent Developments in Experimental Game Theory

Session Chair: Bruce Weinberg, The Ohio State University
Session type: invited
Session JEL code: C90
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon I&J
 

The Evolution of Cooperation in Infinitely Repeated Games: Experimental Evidence
   Presented by: Guillame Frechette, New York University
   Discussant: John Duffy, University of Pittsburgh
 

An Experimental Study of Jury Deliberation
   Presented by: Jacob Goeree, California Institute of Technology
   Discussant: Massimo Morelli, Ohio State University
 

Are Two Heads Really Better than One? Team Play versus Advice in Signaling Games
   Presented by: David Cooper, Case Western Reserve University
   Discussant: Colin Camerer, California Institute of Technology
 

Promotions in Multi-Stage Elimination Tournaments: an Experimental Investigation
   Presented by: Steffen Altmann, IZA Bonn and University of Bonn
   Discussant: Bruce Weinberg, The Ohio State University

Session 20: International Trade

Session Chair: James Anderson, Boston College
Session type: invited
Session JEL code: F1
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon K
 

What Goods Do Countries Trade? New Ricardian Predictions
   Presented by: Arnaud Costinot, University of California, San Diego
   Discussant: Samuel Kortum, University of Chicago
 

Product Quality and Trade
   Presented by: Francisco Alcala, Universidad de Murcia
   Discussant: Christian Broda, University of Chicago
 

Unpacking Sources of Comparative Advantage: A Quantitative Approach
   Presented by: Davin Chor, Singapore Management University
 

Gravity, Productivity and the Pattern of Production and Trade
   Presented by: James Anderson, Boston College

Session 21: Information and Asset Prices

Session Chair: Wei Xiong, Princeton University
Session type: contributed
Session JEL code: g12
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Regent
 

Advance Information and Asset PRices
JEL codes: G12, G14
   Presented by: Rui Albuquerque, Boston University
 

A Simple, Unified, Exactly Solved Framework for Ten Puzzles in Macro-Finance
   Presented by: Xavier Gabaix, New York University
 

Information Transmission in Large Markets
   Presented by: Darrell Duffie, Stanford University
 

Heterogeneous Expectations and Bond Markets
   Presented by: Wei Xiong, Princeton University

Session 22: Empirical Macroeconomics

Session Chair: Ricardo Reis, Princeton University
Session type: contributed
Session JEL code: E0
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Bacchus
 

Forecasting Output Growth and Inflation: How to Use Information in the Yield Curve
JEL codes: C5, E4
   Presented by: Tae-Hwy Lee, University of California, Riverside
   Discussant: Jonathan Wright, Federal Reserve Board
 

Real-Time Measurement of Business Conditions
   Presented by: Chiara Scotti, Federal Reserve Board
   Discussant: Jonathan Wright, Federal Reserve Board
 

How Much Inflation is Necessary to Grease the Wheels?
   Presented by: Jinill Kim, Federal Reserve Board
   Discussant: Giorgio Primiceri, Northwestern University
 

Measuring changes in the value of the numeraire
   Presented by: Ricardo Reis, Princeton University
   Discussant: Giorgio Primiceri, Northwestern University

Session 23: Nonlinear Financial Time Series

Session Chair: Xilong Chen, UNC at Chapel Hill
Session type: invited
Session JEL code: C51
Date: January 5, 2008
Time: 2:30 - 4:30
Location: Marriott/Balcony Salon M&N
 

Detecting Misspecifications in Autoregressive Conditional Duration Models
JEL codes: C4, C2
   Presented by: Yoon-Jin Lee, Indiana University
 

Causality and the Estimation of Volatility in High Frequency Data
   Presented by: Per Mykland, The University of Chicago
 

Modeling Financial Return Dynamics by Decomposition
   Presented by: Nikolay Gospodinov, Concordia University
 

News - good or bad - and its impact over multiple horizons
   Presented by: Xilong Chen, UNC at Chapel Hill

Session 24: Dynamic Industrial Organization

Session Chair: Matti Liski, Helsinki School of Economics
Session type: contributed
Session JEL code: L0
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon M&N
 

Selling to Consumers with Endogenous Types
JEL codes: D42, D82, L12
   Presented by: Joel Shapiro, Universitat Pompeu Fabra
 

Sequential Merger Review
   Presented by: Michael Whinston, Northwestern Universtiy
 

Dynamic Duopoly with Inattentive Firms
   Presented by: Ludwig Ressner, University of Munich
 

Strategic oil-dependence
   Presented by: Matti Liski, Helsinki School of Economics

Session 25: Economics of Segregation

Session Chair: Nathaniel Baum-Snow, Brown University
Session type: contributed
Session JEL code: r23
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon K
 

SPATIAL MISMATCH OR RACIAL MISMATCH?
JEL codes: J15,
   Presented by: David Neumark, University of California, Irvine
   Discussant: Nathaniel Baum-Snow, Brown University
 

Searching for the Best Neighborhood
   Presented by: Giulio Zanella, University of Siena
   Discussant: Nathaniel Baum-Snow, Brown University
 

The Move Decision among Low-Income Households
   Presented by: Bulent Anil, Georgia State University
   Discussant: Jonathan Guryan, University of Chicago
 

Tipping and the Dynamics of Segregation
   Presented by: Jesse Rothstein, Princeton University
   Discussant: Jonathan Guryan, University of Chicago

Session 26: Econometric Theory

Session Chair: AMAN ULLAH, UNIV OF CALIFORNIA
Session type: contributed
Session JEL code: C14
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/I&J
 

Estimating equations for a class of time-irreversible multi-factor models
JEL codes: C02, C13, C53
   Presented by: Sergei Levendorskii,
 

Local Generalized Minimum Contrast Estimation of Conditional Moment Restrictions Models
   Presented by: Martin Burda, University of Toronto
 

General Specification Testing with Locally Misspecified Models
   Presented by: Anil Bera, University of Illinois
 

Local Polynomial Estimation of Nonparametric Simultaneous Equations Models
   Presented by: AMAN ULLAH, UNIV OF CALIFORNIA

Session 27: High Dimensional Estimation

Session Chair: Edward Vytlacil, Columbia University
Session type: invited
Session JEL code: C13
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/Regent
 

Conditional Quantile Processes under Increasing Dimension
JEL codes: C13, C21
   Presented by: Alexandre Belloni, Duke University
   Discussant: Joel Horowitz, Northwestern University
 

Asymptotic Properties of Bridge Estimators in Sparse, High-Dimensional Regression Models
   Presented by: Joel Horowitz, Northwestern University
   Discussant: Alexandre Belloni, Duke University
 

The principal components estimation of large factor models when factors are weak
   Presented by: Alexei Onatski, Columbia University
   Discussant: Jinchi Lv, Princeton University
 

Sure Independence Screening for Ultra-High Dimensional Feature Space
   Presented by: Jinchi Lv, Princeton University
   Discussant: Alexei Onatski, Columbia University

Session 28: Money, Banking and Payments

Session Chair: Pierre-Olivier Weill, University of California, Los Angeles
Session type: contributed
Session JEL code: E5
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/Bacchus
 

payments and mechanism design
JEL codes: E
   Presented by: Ted Temzelides, University of Pittsburgh
   Discussant: Neil Wallace, Pennsylvania State University
 

Liquidity saving mechanisms
   Presented by: Antoine Martin, Federal Reserve Bank of New York
   Discussant: Pierre-Olivier Weill, University of California, Los Angeles
 

Patents and Money
   Presented by: Carlo Strub, University of Zurich
   Discussant: Cesaire Meh, Bank of Canada
 

Matching, Money and the Friedman Rule
   Presented by: Ed Nosal, Federal Reserve Bank of Cleveland
   Discussant: huberto ennis, Federal Reserve Bank of Richmond

Session 29: Matching and Market Design

Session Chair: Alvin E. Roth, Harvard University
Session type: invited
Session JEL code: C70
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott/Bonaparte
 

Leveling the Playing Field: Sincere and Sophisticated Players in the Boston Mechanism
JEL codes: C78, D61, D78
   Presented by: Parag Pathak, Harvard University
   Discussant: Paul Milgrom, Stanford University
 

Strategic Behavior in Multi-unit Assignment Problems: Theory and Evidence from Course Allocations
   Presented by: Eric Budish, Harvard University
   Discussant: Paul Milgrom, Stanford University
 

Dynamic House Allocations
   Presented by: Simon Loertscher, University of Melbourne
   Discussant: Michael Ostrovsky, Stanford University
 

Many-to-One Matching with Complementarities and Peer Effects
   Presented by: Marek Pycia, Penn State University
   Discussant: Michael Ostrovsky, Stanford University

Session 30: Search Theory

Session Chair: Susan Vroman, Georgetown University
Session type: contributed
Session JEL code: d83
Date: January 5, 2008
Time: 8:00 - 10:00
Location: Marriott Balcony Salon L
 

Relational Contracts with On-the-Job Search
JEL codes: C73, J31, L14
   Presented by: Simon Board, University of Toronto
   Discussant: Leena Rudanko, University of Chicago
 

Price Dispersion with Directed Search
   Presented by: Gabriele Camera,
   Discussant: Ian King, University of Otago
 

Search by Committee
   Presented by: Susan Vroman, Georgetown University
   Discussant: Guido Menzio, University of Pennsylvania
 

The Sorting Effect of Price Competition
   Presented by: Philipp Kircher, University of Pennsylvania
   Discussant: Shouyong Shi, University of Toronto

Session 31: Paired Invited Session: Subsampling Methods in Econometrics

Session Chair: Serena Ng, Columbia University
Session type: invited
Session JEL code: C02
Date: January 5, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon M&N
 

Subsampling Methodology
   Presented by: Joseph Romano, Stanford University
   Discussant: Joel Horowitz, Northwestern University
 

Subsampling Methods in Econometrics
   Presented by: Don Andrews, Yale University
   Discussant: Joel Horowitz, Northwestern University

Session 32: Paired Invited Session: Market Design

Session Chair: Jeroen Swinkels, Washington University
Session type: invited
Session JEL code: D4
Date: January 5, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon I&J
 

Frontiers of Market Design: Auctions
   Presented by: Paul Milgrom, Stanford University
   Discussant: Susan Athey, Harvard University
 

Frontiers of Market Design: Matching
   Presented by: Alvin E. Roth, Harvard University
   Discussant: Susan Athey, Harvard University

Session 33: Empirical Industrial Organization II

Session Chair: Mo Xiao, University of Arizona
Session type: contributed
Session JEL code: L1
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Regent
 

Semiparametric Estimation in Models of First-Price, Sealed-Bid Auctions with Affiliation
JEL codes: C20, D44, L1
   Presented by: Harry Paarsch, University of Iowa
   Discussant: Sudip Gupta, Indian School of Finance
 

The Costs of Product Repositioning: The Case of Format Switching in the Commercial Radio Industry
   Presented by: Andrew Sweeting, Duke University
   Discussant: Lanier Benkard, Stanford University
 

Are all managers created equal?
   Presented by: Avi Goldfarb, University of Toronto
   Discussant: Michael Mazzeo, Northwestern University
 

Entry Threat and Entry Deterrence: The Timing of Broadband Rollout
   Presented by: Mo Xiao, University of Arizona
   Discussant: Federico Ciliberto, University of Virginia

Session 34: Theory and Evidence on Pricing Factors in Asset Markets

Session Chair: Nour Meddahi, Montreal University
Session type: contributed
Session JEL code: G1
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon K
 

Dynamic Factor Models in Risk Preferences Estimation
JEL codes: C 14, G 13
   Presented by: Enzo Giacomini, Humboldt University Berlin
 

Testing for Instability in Factor Structure of Yield Curves
   Presented by: Dennis Philip, Cass Business School
 

Time-Varying Liquidity in Hedge Fund Returns
   Presented by: Andrew Patton, University of Oxford
 

THE CAPM RELATION FOR INEFFICIENT PORTFOLIOS
   Presented by: David Feldman, University of New South Wales
 

Generalized Affine Models
   Presented by: Nour Meddahi, Montreal University

Session 35: Monetary Economics

Session Chair: Ben Lester,
Session type: contributed
Session JEL code: E5
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Iberville
 

Uncertainty, Inflation and Welfare
JEL codes: E40, E50
   Presented by: Jonathan Chiu, Bank of Canada
   Discussant: S. Boragan Aruoba, University of Maryland
 

Money, Capital and Unemployment
   Presented by: Stella Xiuhua Huangfu, University of Sydney
   Discussant: Ling Sun, University of Toronto
 

Optimal Stabilization Policy with Endogenous Firm Entry
   Presented by: Aleksander Berentsen, University of Basel
   Discussant: Veronica Guerrieri, University of Chicago, GSB
 

Elastic Money, Inflation, and Interest Rate Policy
   Presented by: Allen Head, Queen's University
   Discussant: Ben Lester,

Session 36: Foundations of Price Formation

Session Chair: Xavier Vives, IESE BUSINESS SCHOOL
Session type: invited
Session JEL code: D4
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Bacchus
 

Interdependent Costs and Values, the Buyers’ Bid Double Auction, and the Rate of Convergence to Truth Telling
JEL codes: D44
   Presented by: Mark Satterthwaite, Northwestern University
   Discussant: Andrew Postlewaite, university of pennsylvania
 

Search with Learning: Understanding Asymmetric Price Adjustments
   Presented by: Lixin Ye, Ohio State University
   Discussant: Andrzej Skrzypacz, Stanford University
 

Bilateral Matching and Bargaining with Private Information
   Presented by: Artyom Shneyerov, University of British Columbia
   Discussant: jan eeckhout, University of Pennsylvania
 

Strategic Supply Function Competition with Private Information
   Presented by: Xavier Vives, IESE BUSINESS SCHOOL
   Discussant: William Fuchs, University of Chicago

Session 37: Topics in macro and growth

Session Chair: Oleksiy Kryvtsov, Bank of Canada
Session type: invited
Session JEL code: E2
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony/ Salon L
 

The Role of Housing Collateral in an Estimated Two-Sector Model of the US Economy
JEL codes: E32, E44, E47
   Presented by: Matteo Iacoviello, Boston College
 

Value of Life and Economic Growth
   Presented by: Kenichi Ueda, International Monetary Fund
 

Private Incentives versus Class Interests: Implications for Economic Growth
   Presented by: Ani Guerdjikova, Cornell University
 

Markups and Inventories in General Equilibrium (S,s) Model
   Presented by: Oleksiy Kryvtsov, Bank of Canada

Session 38: Structural Econometrics

Session Chair: Robert Sauer, University of Southampton
Session type: invited
Session JEL code: c3
Date: January 6, 2008
Time: 8:00 - 10:00
Location: Marriott/Balcony Salon J
 

Constrained Optimization Approaches to Estimation of Structural Models
JEL codes: c13
   Presented by: Kenneth Judd, Hoover Institution
   Discussant: Patrick Bajari, University of Minnesota
 

Interdependent Durations
   Presented by: Aureo De Paula, University of Pennsylvania
   Discussant: Elie Tamer, Northwestern University
 

Weighting for Attrition in Panel Data Structural Models
   Presented by: Robert Moffitt, Johns Hopkins University
   Discussant: Geert Ridder, University of Southern California
 

Classification Error in Discrete Choice Models: Implications for Female Labor Supply Behavior
   Presented by: Robert Sauer, University of Southampton
   Discussant: Jason Abrevaya, University of Texas

Session 39: Microeconometrics: Identification and Estimation

Session Chair: Edward Vytlacil, Columbia University
Session type: invited
Session JEL code: C3
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Iberville
 

Irregular Identification, Support Conditions and Inverse Weight Estimation
JEL codes: C14, C25, C13
   Presented by: Shakeeb Khan, Duke University
 

Panel Data and Correlated Heterogeneity
   Presented by: James Powell, University of California at Berkeley
 

Program evaluation with continuous treatment under monotonicity restiriction
   Presented by: Yoichi Arai, University of Tokyo
 

identification power of rationality in Simple Games
   Presented by: Andres Aradillas-Lopez, Princeton University

Session 40: International capital flows

Session Chair: Bent Sorensen, University of Houston
Session type: contributed
Session JEL code: F3
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon J
 

OPTION PRICING APPROACH TO INTERNATIONAL RESERVES
JEL codes: F31, F41
   Presented by: Jaewoo Lee, IMF
   Discussant: Betty Daniel, State University of New York
 

International Portfolios with Demand and Supply Shocks
   Presented by: Robert Kollmann, Free University of Brussels
   Discussant: Laura Alfaro, Harvard Business School
 

Measuring Financial Market Integration Over the Long Run: Is there a U-shape?
   Presented by: Vadym Volosovych, Florida Atlantic University
   Discussant: Timothy Chue, Hong Kong Polytechnic University
 

Why Are Capital Flows between Regions So Di erent from Capital Flows
   Presented by: Bent Sorensen, University of Houston
   Discussant: David Cook, HKUST

Session 41: Heterogeneous Information in Macroeconomics

Session Chair: George-Marios Angeletos, Massachusetts Institute of Technology
Session type: invited
Session JEL code: E0
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Bacchus
 

Macroeconomic Dynamics under Rational Inattention
JEL codes: E2, E3, E5, D8
   Presented by: Mirko Wiederholt, Northwestern University
 

Incomplete Information and Informative Pricing: Theory and Application
   Presented by: Giacomo Rondina, University of California, San Diego
 

Policy in Economies with Dispersed Information
   Presented by: George-Marios Angeletos, Massachusetts Institute of Technology
 

Information Heterogeneity in the Macroeconomy
   Presented by: Eric Young, University of Virginia

Session 42: Experimental Economics

Session Chair: Alvin E. Roth, Harvard University
Session type: invited
Session JEL code: c9
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon L
 

Bidder Behavior in Sealed Bid Auctions Where the Number of Bidders is Unknown
JEL codes: JEL D44, C91
   Presented by: Svetlana Pevnitskaya, Florida State University
 

An experimental study of information mechanisms
   Presented by: Juergen Bracht, University of Aberdeen
 

Equilibrium Selection in Entry Games: An Experimental Study
   Presented by: John Duffy, University of Pittsburgh
 

Cooperation over finite horizons: a theory and experiments
   Presented by: Attila Ambrus, Harvard University
 

Computational Mechanism Design and Call Markets
   Presented by: Jasmina Arifovic, Simon Fraser University

Session 43: Macro Factors in Asset Markets

Session Chair: Lutz Kilian, University of Michigan
Session type: contributed
Session JEL code: G1
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Balcony Salon K
 

Explosive Behavior and the Nasdaq Bubble in the 1990s: When Did Irrational Exuberance Escalate Asset Values?
JEL codes: G10,C22
   Presented by: Yangru Wu, Rutgers University
 

The Cyclical Behavior of Equity Turnover in Financial Markets
   Presented by: David DeJong, UNIVERSITY OF PITTSBURGH
 

Stock Market Volatility and Macroeconomic Fundamentals
   Presented by: Kamil Yilmaz, Koc University
 

The Impact of Oil Price Shocks on the U.S. Stock Market
   Presented by: Lutz Kilian, University of Michigan

Session 44: Unemployment

Session Chair: Christian Haefke, Institute for Advanced Studies, Vienna
Session type: contributed
Session JEL code: J6
Date: January 6, 2008
Time: 10:15 - 12:15
Location: Marriott/Regent
 

Resurrecting the Extensive Margin
JEL codes: J64, E32
   Presented by: Monique Ebell, Humboldt-University of Berlin
   Discussant: Bjoern Bruegemann, Yale University
 

The Macroeconomic Dynamics of Labor and Capital Market Imperfections
   Presented by: Nicolas Petrosky-Nadeau, Universite du Quebec a Montreal
   Discussant: Adriano Rampini, Duke University
 

Big Locational Differences in Unemployment Despite High Labor Mobility
   Presented by: Damba Lkhagvasuren, Northwestern University
   Discussant: John Kennan, University of Wisconsin Madison
 

Wage Rigidity and Job Creation
   Presented by: Christian Haefke, Institute for Advanced Studies, Vienna
   Discussant: Iourii Manovskii, University of Pennsylvania

Session 45: Information Dynamics and Incentives

Session Chair: Marco Ottaviani, London Business School
Session type: contributed
Session JEL code: D8
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Balcony Salon J
 

Job Assignments under Moral Hazard: The Peter Principle Revisited
JEL codes: D82, J31, M12
   Presented by: Julia Nafziger, ECARES, Universite Libre de Bruxelles
 

Investment Cycles, Strategic Delay, and Self-Correcting Cascades
   Presented by: Huanxing Yang, The Ohio State University
 

Searching for a Partner in the Presence of Persistent Uncertainty
   Presented by: Finn Christensen, Towson University
 

(Mis)selling through Agents
   Presented by: Marco Ottaviani, London Business School

Session 46: Informal Contractual Arrangements in Low-Income Countries

Session Chair: Christopher Udry, Yale University
Session type: contributed
Session JEL code: O10
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Balcony Salon L
 

The Fetters of the Sib
JEL codes: D02, D13
   Presented by: Ingela Alger, Carleton University
   Discussant: Rachel Kranton, University of Maryland
 

The Indian Caste System as a Means of Contract Enforcement
   Presented by: Kripa Freitas, University of Texas at Austin
   Discussant: Timothy Guinnane, Yale University
 

Network Effects in Risk Sharing and Credit Market Access: Evidence from Istanbul
   Presented by: Didem Tuzemen, University of Maryland
   Discussant: Marcel Fafchamps, Oxford University
 

Moral Hazard, Heterogeneous Agents and Imperfect Monitoring: A Structural Approach
   Presented by: Xiaoyong Zheng, North Carolina State University
   Discussant: Christopher Udry, Yale University

Session 47: Monetary, fiscal and exchange rate policy

Session Chair: Vasco Curdia, Federal Reserve Bank of New York
Session type: contributed
Session JEL code: F3
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Bacchus
 

A Party without a Hangover? On the Effects of U.S. Government Deficits
JEL codes: E62;F41;F42;H30
   Presented by: Michael Kumhof, International Monetary Fund
   Discussant: Andrea Ferrero, Federal Reserve Bank of New York
 

Sovereign Risk Premiums in the European Bond Market
   Presented by: Juergen von Hagen, RHEINISCHE F WILHELMS UNIVERSITAT BONN
   Discussant: Vasco Curdia, Federal Reserve Bank of New York
 

Solving Endogeneity in Assessing the Efficacy of Foreign Exchange Market Interventions
   Presented by: SEOK GIL PARK, INDIANA UNIVERSITY
   Discussant: Juergen von Hagen, RHEINISCHE F WILHELMS UNIVERSITAT BONN
 

Optimal Monetary Policy under Sudden Stops
   Presented by: Vasco Curdia, Federal Reserve Bank of New York
   Discussant: Michael Kumhof, International Monetary Fund

Session 48: Empirical Industrial Organization

Session Chair: Julie Mortimer, Harvard University
Session type: contributed
Session JEL code: L1
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Balcony Salon K
 

The Dynamics of Automobile Expenditures
JEL codes: D12, C61, L62
   Presented by: Adam Copeland, BEA, US Dept. of Commerce
   Discussant: Liran Einav, Stanford University
 

How Much Competition is a Secondary Market?
   Presented by: Jiawei Chen, University of California-Irvine
   Discussant: Gautam Gowrisankaran,
 

Linear Regression Estimation of Discrete Choice Models with Nonparametric Distributions of Random Coefficients
   Presented by: Patrick Bajari, University of Minnesota
   Discussant: Aviv Nevo, Northwestern University
 

Demand Estimation Under Incomplete Product Availability
   Presented by: Julie Mortimer, Harvard University
   Discussant: Daniel Ackerberg, UCLA

Session 49: Corporate Control and Governance

Session Chair: Milton Harris, University of Chicago
Session type: contributed
Session JEL code: G3
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Regent
 

Concentrating on Governance
JEL codes: G30, G34
   Presented by: Dalida Kadyrzhanova, University of Maryland
 

Unbundling Ownership and Control
   Presented by: John Turner, University of Georgia
 

Control of Corporate Decisions: Shareholders vs. Management
   Presented by: Milton Harris, University of Chicago

Session 50: Adverse Selection, Herding, and Reputations

Session Chair: Edward Schlee, Arizona State University
Session type: invited
Session JEL code: d82
Date: January 6, 2008
Time: 12:30 - 2:30
Location: Marriott/Iberville
 

Security Design in Initial Public Offerings
   Presented by: Simon Gervais, Duke University
   Discussant: Christine Parlour, University of California at Berkeley
 

Investment Herds
   Presented by: Helios Herrera, Columbia University and ITAM
   Discussant: Lones Smith, University of Michigan
 

The Reputation of an Organization and Its Dynamics
   Presented by: Tianxi Wang, University of Essex and London School of Economics
   Discussant: Steve Tadelis, Stanford University
 

Optimal Insurance under Adverse Selection
   Presented by: Edward Schlee, Arizona State University
   Discussant: Steven Matthews, University of Pennsylvania

This program was last updated on 2008-03-24 23:5:43 EDT