2009 North American Winter Meeting of the Econometric Society

Summary of All Sessions

#Date/TimeLocationTypeTitlePapersOrganizer
1January 3, 2009
2:30-4:30
Hilton San Francisco contributed Migration and Wages4Shelly Lundberg
2January 3, 2009
2:30-4:30
Hilton San Francisco contributed Dynamic Agency and Governance4Toni Whited
3January 3, 2009
2:30-4:30
Hilton San Francisco contributed Growth, Technology, and Business Cycles4Tao Zha
4January 3, 2009
2:30-4:30
Hilton San Francisco contributed Health, Fertlity, and Development4Oded Galor
5January 3, 2009
2:30-4:30
Hilton San Francisco contributed Exchange Rate and the Macroeconomy4Helene Rey
6January 3, 2009
2:30-4:30
Hilton San Francisco contributed Frontiers of Social Economics3Caroline Hoxby
7January 3, 2009
2:30-4:30
Hilton San Francisco invited Plenary Session: Preferences and Decision Theory; Plenary Speakers LAWRENCE E. BLUME, Cornell University and CHRIS SHANNON, University of California-Berkeley0Steven Durlauf
8January 3, 2009
8:00-10:00
Hilton San Francisco contributed Information and Trade4Dirk Bergemann
9January 3, 2009
8:00-10:00
Hilton San Francisco contributed Econometric Theory - Identification3Jinyong Hahn
10January 3, 2009
8:00-10:00
Hilton San Francisco contributed Learning in Macroeconomics4Noah Williams
11January 3, 2009
8:00-10:00
Hilton San Francisco contributed Heterogeneous Firms in Trade: Theory and Empirics4James Rauch
12January 3, 2009
8:00-10:00
Hilton San Francisco contributed Relationships3Lawrence Blume
13January 3, 2009
8:00-10:00
Hilton San Francisco contributed General Equilibrium Theory4Chris Shannon
14January 3, 2009
10:15-12:15
Hilton San Francisco invited Plenary Session: Decisionmaking in Complex Environments, Plenary Speakers CHARLES F. MANSKI, Northwestern University and THOMAS J. SARGENT, New York University and Hoover Institution, Stanford University0Steven Durlauf
15January 3, 2009
10:15-12:15
Hilton San Francisco contributed Higher Order Expectations in Macro4Steven Durlauf
16January 4, 2009
2:30-4:30
Hilton San Francisco contributed Evolution and Sex4Dirk Bergemann
17January 4, 2009
2:30-4:30
Hilton San Francisco contributed Macro Time Series4Guido Kuersteiner
18January 4, 2009
2:30-4:30
Hilton San Francisco contributed Asset Pricing and Housing3Toni Whited
19January 4, 2009
2:30-4:30
Hilton San Francisco contributed Labor and Investment4Noah Williams
20January 4, 2009
2:30-4:30
Hilton San Francisco contributed decision theory under risk and uncertainty4Lin Zhou
21January 4, 2009
2:30-4:30
Hilton San Francisco contributed Education4Dennis Epple
22January 4, 2009
8:00-10:00
Hilton San Francisco contributed Early Influences on Economic Success4Shelly Lundberg
23January 4, 2009
8:00-10:00
Hilton San Francisco contributed Institutions and Political Decisions4David Austen-Smith
24January 4, 2009
8:00-10:00
Hilton San Francisco contributed Estimation of Dynamic and Non-Linear Models4Moshe Buchinsky
25January 4, 2009
8:00-10:00
Hilton San Francisco contributed Nutritional and Behavioral Problems in Children and Adolescents4Petra Todd
26January 4, 2009
8:00-10:00
Hilton San Francisco contributed Empirical Studies of Industry Dynamics and Innovation4Jonathan Levin
27January 4, 2009
8:00-10:00
Hilton San Francisco contributed Taxation, Public Sector Incentives, and Selection4Dennis Epple
28January 4, 2009
8:00-10:00
Hilton San Francisco contributed Model Averaging in Growth Empirics4Steven Durlauf
29January 4, 2009
10:15-12:15
Hilton San Francisco contributed Financial Econometrics4Jinyong Hahn
30January 4, 2009
10:15-12:15
Hilton San Francisco invited Plenary Session: Development, Education and Inequality; Plenary Speakers DENNIS EPPLE, Carnegie Mellon University and JAMES J. HECKMAN, University of Chicago 0Steven Durlauf
31January 5, 2009
1:00-3:00
Hilton San Francisco contributed Cost and Diffusion of Information4Dirk Bergemann
32January 5, 2009
1:00-3:00
Hilton San Francisco contributed Non-Linear Time Series4Guido Kuersteiner
33January 5, 2009
1:00-3:00
Hilton San Francisco contributed The Determination of Schooling, Wages, and Earnings: New Empirical Evidences3Moshe Buchinsky
34January 5, 2009
1:00-3:00
Hilton San Francisco contributed Asymmetric information in electricity markets, credit markets, life insurance and in migration decisions4Petra Todd
35January 5, 2009
1:00-3:00
Hilton San Francisco contributed International Trade and the Cycle4Helene Rey
36January 5, 2009
1:00-3:00
Hilton San Francisco contributed Design of Procurement and Sale Mechanisms4Steve Tadelis
37January 5, 2009
8:00-10:00
Hilton San Francisco contributed Schooling and Learning4Shelly Lundberg
38January 5, 2009
8:00-10:00
Hilton San Francisco contributed Econometric Theory - Inference4Jinyong Hahn
39January 5, 2009
8:00-10:00
Hilton San Francisco contributed Dynamic Competition and Negotiation4Jonathan Levin
40January 5, 2009
8:00-10:00
Hilton San Francisco contributed Determinants of Economic Growth4Oded Galor
41January 5, 2009
8:00-10:00
Hilton San Francisco contributed Advanced Empirical Findings in the Economics of Education4Caroline Hoxby
42January 5, 2009
8:00-10:00
Hilton San Francisco contributed Decision Theory4Chris Shannon
43January 5, 2009
8:00-10:00
Hilton San Francisco contributed Economic Analysis of Subjective Well-Being4Justin Wolfers
44January 5, 2009
10:15-12:15
Hilton San Francisco contributed Elections and Redistribution4David Austen-Smith
45January 5, 2009
10:15-12:15
Hilton San Francisco contributed Empirical Monetary Economics4Tao Zha
46January 5, 2009
10:15-12:15
Hilton San Francisco contributed Monetary Economics and Policy4Noah Williams
47January 5, 2009
10:15-12:15
Hilton San Francisco contributed Social Interactions4Lawrence Blume
48January 5, 2009
10:15-12:15
Hilton San Francisco contributed Political Economy4Dennis Epple
49January 5, 2009
10:15-12:15
Hilton San Francisco invited Plenary Session: Empirical Microeconomics; Plenary Speakers MOSHE BUCHINSKY, University of California-Los Angeles and CHRISTOPHER R. TABER, University of Wisconsin-Madison1Steven Durlauf
50January 5, 2009
10:15-12:15
Hilton San Francisco contributed Forensic Economics4Justin Wolfers
 

50 sessions, 180 papers


 

2009 North American Winter Meeting of the Econometric Society

Complete List of All Sessions


Session 1: Migration and Wages

Session Organizer: Shelly Lundberg, University of Washington
Session Chair: Joseph Altonji, Yale University
Session type: contributed
Session JEL code: J2
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Migrants, Natives and a New Measure of Assimilation
JEL codes: F22, O15, J61
By Ira N. Gang, Economics, Rutgers University John Landon-Lane, Economics, Rutgers University Myeong-Su Yun, Economics, Tulane University
   Presented by: Myeong-Su Yun, Tulane University
 

Wage Dynamics among Foreign-Born Workers in the United States
By Seik Kim, University of Washington
   Presented by: Seik Kim, University of Washington
 

The Occupations and Human Capital of U.S. Immigrants
By Todd Schoellman, Clemson University
   Presented by: Todd Schoellman, Clemson University
 

Why Doesn't Labor Flow from Poor to Rich Countries? Micro Evidence from the European Integration Experience
By Catia Batista, University of Oxford
   Presented by: Catia Batista, University of Oxford

Session 2: Dynamic Agency and Governance

Session Organizer: Toni Whited, University of Wisconsin
Session Chair: Toni Whited, University of Wisconsin
Session type: contributed
Session JEL code: G32;G34
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Why are CEOs Rarely Fired? Evidence from Structural Estimation
By Lucian Taylor, University of Chicago Graduate School of Business
   Presented by: Lucian Taylor, University of Chicago
   Discussant: Youchang Wu, University of Wisconsin-Madison
 

Dynamic agency and the q theory of investment
By Peter DeMarzo, Stanford, Michael Fishman, Northwestern, Zhiguo He, Northwestern, Neng Wang, Columbia
   Presented by: Neng Wang, Columbia Business School
   Discussant: Ajay Subramanian, Georgia State University
 

Optimal CEO Incentives and Industry Dynamics
By Antonio Falato, Federal Reserve Board Dalida Kadyrzhanova, University of Maryland
   Presented by: Antonio Falato, Federal Reserve Board
   Discussant: Liu Yang,
 

Total Executive Compensation
By Gian Luca Clementi New York University Thomas F. Cooley New York University Sonia Di Giannatale CIDE
   Presented by: Gian Luca Clementi, Stern School of Business
   Discussant: Yuri Tserlukevich, Hong Kong University of Science and Tech

Session 3: Growth, Technology, and Business Cycles

Session Organizer: Tao Zha, Federal Reserve Bank of Atlanta
Session Chair: Yuriy Gorodnichenko, University of Michigan, UC Berkeley
Session type: contributed
Session JEL code: E3
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Using firm optimization to evaluate and estimate returns to scale
JEL codes: C23, C33, D24
By Yuriy Gorodnichenko, UC Berkeley
   Presented by: Yuriy Gorodnichenko, University of Michigan, UC Berkeley
 

Entry Barriers, Competition and Technology Adoption
By Lei Fang Arizona State University
   Presented by: Lei Fang, Arizona State University
 

Cointegrated TFP Processes and International Business Cycles
By Pau Rabanal, la caixa Juan Rubio-Ramirez, Duke Vicente Tuesta, Peru Central Bank
   Presented by: Juan Rubio-Ramirez,
 

Technology Adoption and Product Turnover
By Chris Edmond, NYU Stern Virgiliu Midrigan, NYU Daniel Xu, NYU
   Presented by: Chris Edmond, New York University

Session 4: Health, Fertlity, and Development

Session Organizer: Oded Galor, Brown University
Session Chair: David Weil,
Session type: contributed
Session JEL code: 04,I0,J1
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

The Baby Boom and World War II: A Macroeconomic Analysis
JEL codes: D58, E24, J13
By Matthias Doepke, UCLA Moshe Hazan, Hebrew University Yishay Maoz, University of Haifa
   Presented by: Matthias Doepke, University of California Los Angeles
 

DISEASES AND DEVELOPMENT: A Theory of Infection Dynamics and Economic Behavior
By Shankha Chakraborty, University of Oregon Chris Papageorgiou, Internationa Monetary Fund Fidel Perez-Sebastian, University of Alicante
   Presented by: Fidel Perez-Sebastian, Universidad de Alicante
 

Longevity and Education: A Macroeconomic Perspective
By Francesco Ricci, Université de Cergy-Pontoise(THEMA) and Toulouse School of Economics (LERNA) Marios Zachariadis, University of Cyprus
   Presented by: Marios Zachariadis, University of Cyprus
 

Relationship between consumption, labor supply and fertility - theory and evidence from Japan
By Reiko Aoki, Institute of Economic Research, Hitotsubashi University Yoko Konishi, RIETI and Hitotsubashi University
   Presented by: Reiko Aoki, Hitotsubashi University

Session 5: Exchange Rate and the Macroeconomy

Session Organizer: Helene Rey, London Business School
Session Chair: Takatoshi Ito, University of Tokyo
Session type: contributed
Session JEL code: F3
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Rare Disasters and Exchange Rates
JEL codes: E43, E44, F31,
By Emmanuel Farhi (Harvard) Xavier Gabaix (NYU Stern)
   Presented by: Emmanuel Farhi, Harvard
 

What Are the External Effects of US Economic Fluctuations
By Giancarlo Corsetti, European University Institute Luca Dedola, European Central Bank Sylvain Leduc, Federal Reserve Board
   Presented by: Sylvain Leduc, Federal Reserve Bank of San Francisco
 

Aggregation and the PPP puzzle in a sticky price model
By Carlos Carvalho, Federal Reserve Bank of New York Fernanda Nechio, Princeton University
   Presented by: Fernanda Nechio, Princeton University
 

Effects of Japanese Macroeconomic Announcements on the Dollar/Yen Exchange Rate
By Takatoshi Ito, University of Tokyo Yuko Hashimoto, Toyo University
   Presented by: Takatoshi Ito, University of Tokyo

Session 6: Frontiers of Social Economics

Session Organizer: Caroline Hoxby, Stanford University
Session Chair: Caroline Hoxby, Stanford University
Session type: contributed
Session JEL code: Z1
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

The Economics of Consanguineous Marriages
JEL codes: J1, I1, O1
By Quy-Toan Do, The World Bank Sriya Iyer, University of Cambridge Shareen Joshi, Georgetown University
   Presented by: Sriya IYER, University of Cambridge
   Discussant: Michele Tertilt, Stanford University
 

Economic Liberalization and Violent Crime in India: 1985-2005
By Kislaya Prasad University of Maryland
   Presented by: Kislaya Prasad, University of Maryland
   Discussant: Jeffrey Miron, Department of Economics
 

The Social Multiplier of Tax Evasion: Evidence from Italian Audit Data
By Roberto Galbiati University of Insubria and Econpubblica, Bocconi University, Italy Giulio Zanella University of Siena, Italy
   Presented by: Giulio Zanella, University of Siena
   Discussant: Raj Chetty, UC-Berkeley

Session 7: Plenary Session: Preferences and Decision Theory; Plenary Speakers LAWRENCE E. BLUME, Cornell University and CHRIS SHANNON, University of California-Berkeley

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Philip Reny, University of Chicago
Session type: invited
Session JEL code: D0
Date: January 3, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco

Session 8: Information and Trade

Session Organizer: Dirk Bergemann, Yale University
Session Chair: Johannes Hoerner,
Session type: contributed
Session JEL code: D8
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Dynamic Trading and Asset Prices: Keynes vs. Hayek
JEL codes: G10, G12, G14
By Giovanni Cespa, Queen Mary University of London, CSEF-Universita di Salerno, and CEPR. Xavier Vives, IESE Business School and Universitat Pompeu Fabra.
   Presented by: Xavier Vives, IESE BUSINESS SCHOOL
 

Selling Service Plans to Differentially Informed Customers
By Roman Inderst University of Frankfurt Martin Peitz University of Mannheim
   Presented by: Martin Peitz, University of Mannheim
 

Cherry Picking and Asset Complexity: A Theory of Ratings Inflation
By Vasiliki Skreta, NYU Laura Veldkamp, NYU
   Presented by: Laura Veldkamp, NYU Stern
 

Information Revelation and Acquisition in Bargaining
By Stephanie Lau, Washington University in St. Louis
   Presented by: Stephanie Lau, Washington University

Session 9: Econometric Theory - Identification

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Ivan Fernandez-Val, Boston University
Session type: contributed
Session JEL code: C0
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Identification and Estimation of Marginal Effects in Nonlinear Panel Models
By Victor Chernozhukov (MIT), Ivan Fernandez-Val (BU), Jinyong Hahn (UCLA), Whitney Newey (MIT)
   Presented by: Ivan Fernandez-Val, Boston University
 

Semiparametric double index model identification and estimation
By Yingying Dong, Boston College Arthur Lewbel, Boston College
   Presented by: Arthur Lewbel, Boston College
 

Testing for Identification in Possibly Nonlinear Models
By Atsushi Inoue, University of British Columbia and North Carolina State University Barbara Rossi, Duke University
   Presented by: Atsushi Inoue, North Carolina State University

Session 10: Learning in Macroeconomics

Session Organizer: Noah Williams, University of Wisconsin
Session Chair: George Evans, University of Oregon
Session type: contributed
Session JEL code: E3
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Macroeconomic Learning and the Propagation of Technology Shocks
JEL codes: C02, E0, E32
By Hamilton Fout (Kansas State) and Neville Francis (UNC Chapel Hill)
   Presented by: Neville Francis, University of North Carolina
 

Learning about Risk and Return: A Simple Model of Bubbles and Crashes
By William A. Branch, U.C. Irvine George W. Evans, University of Oregon
   Presented by: William Branch, University of California, Irvine
 

Learning to Optimize
By George W. Evans, University of Oregon Bruce McGough, Oregon State University
   Presented by: George Evans, University of Oregon
 

Learning and the Great Moderation
By James Bullard, Federal Reserve Bank of St. Louis Aarti Singh, University of Sydney
   Presented by: Aarti Singh, University of Sydney

Session 11: Heterogeneous Firms in Trade: Theory and Empirics

Session Organizer: James Rauch, UCSD
Session Chair: Arnaud Costinot, University of California, San Diego and
Session type: contributed
Session JEL code: F12,16,23
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Trade, Technology Adoption and Wage Inequalities: Theory and Evidence
JEL codes: F10, F12, F41
By Bas Maria, Paris School of Economics (PSE)
   Presented by: Maria BAS, PSE -Paris Jourdan Sciences Economiques-
 

Heterogeneity and Trade
By Arnaud Costinot UCSD and NBER
   Presented by: Arnaud Costinot, University of California, San Diego and
 

Productivity and the Sourcing Modes of Multinational Firms: Evidence from French Firm-Level Data
By Fabrice Defever: London School of Economics Farid Toubal: Paris School of Economics, University of Paris 1, Panthéon-Sorbonne
   Presented by: Farid Toubal, University of Paris 1, Pantheon-Sorbonne
 

Financial Frictions and International Trade
By Ruanjai Suwantaradon, Department of Economics, University of Minnesota
   Presented by: Ruanjai Suwantaradon, University of Minnesota

Session 12: Relationships

Session Organizer: Lawrence Blume, CORNELL UNIVERSITY
Session Chair: Lawrence Blume, CORNELL UNIVERSITY
Session type: contributed
Session JEL code: C7
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Failure of Negotiations between Informed Parties, or the Algebra of Strikes
By Yair Tauman, Tel Aviv University and Stony Brook University Andriy Zapechelnyuk, Kyiv School of Economics
   Presented by: Andriy Zapechelnyuk, University of Bonn
 

By ,
   Presented by: ,
 

Dynamics in an Evolving Partnership
By David McAdams, MIT
   Presented by: David McAdams, Duke University
 

Coalitional matchings
By Dinko Dimitrov, University of Bayreuth Emiliya Lazarova, Queen's University Belfast
   Presented by: Emiliya Lazarova, Queen's University Belfast

Session 13: General Equilibrium Theory

Session Organizer: Chris Shannon, UC Berkeley
Session Chair: Chris Shannon, UC Berkeley
Session type: contributed
Session JEL code: F5
Date: January 3, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

“Principals and Agents in Competitive Analysis”
JEL codes: D51,D82
By Edward Simpson Prescott
   Presented by: edward prescott, Federal Reserve Bank of Richmond
 

Optimism and Equilibrium with Missing Markets
By Aloisio Araujo, EPGE/FGV and IMPA José Heleno Faro, IMPA Rodrigo Novinski, IMPA
   Presented by: Jose Faro, IMPA
 

Collateral, default penalties and almost finite-time solvency
By V. Filipe Martins-da-Rocha Graduate School of Economics, Getulio Vargas Foundation and Yiannis Vailakis School of Business and Economics, University of Exeter
   Presented by: Yiannis Vailakis, University of Exeter
 

Non-existence of equilibria in markets with dynamically inconsistent preferences
By Tommaso Gabrieli, University of Warwick (UK) Sayantan Ghosal, University of Warwick (UK)
   Presented by: Tommaso Gabrieli, University of Warwick

Session 14: Plenary Session: Decisionmaking in Complex Environments, Plenary Speakers CHARLES F. MANSKI, Northwestern University and THOMAS J. SARGENT, New York University and Hoover Institution, Stanford University

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Noah Williams, University of Wisconsin
Session type: invited
Session JEL code: C0
Date: January 3, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco

Session 15: Higher Order Expectations in Macro

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Giacomo Rondina, University of California, San Diego
Session type: contributed
Session JEL code: E0
Date: January 3, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

Analytical Solutions to Rational Inattention Problems
By Mirko Wiederholt
   Presented by: Mirko Wiederholt, Economics
 

Monetary policy and the informativeness of prices
By George Marios Angeletos, Massachusetts Institute of Technology and Guido Lorenzoni, Massachusetts Institute of Technology
   Presented by: George-Marios Angeletos, M.I.T.
 

Dynamic Higher Order Expectations
By Kristoffer Nimark, Reserve Bank of Australia (September 2008 ==> CREI and Universitat Pompeu Fabra)
   Presented by: Kristoffer Nimark, Reserve Bank of Australia
 

Incomplete Information in Macroeconomics: Methods in Linear Spaces
By Giacomo Rondina, University of California - San Diego
   Presented by: Giacomo Rondina, University of California, San Diego

Session 16: Evolution and Sex

Session Organizer: Dirk Bergemann, Yale University
Session Chair: Dirk Bergemann, Yale University
Session type: contributed
Session JEL code: C7
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Experienced Utility, Anticipated Utility, and Evolved Intertemporal Choice
JEL codes: D80, D90
By Arthur J. Robson, Simon Fraser University Larry Samuelson, Yale University
   Presented by: Arthur Robson, Simon Fraser University
 

Testing Theories of Sex Against the Observation that Sex is Biparental
By Motty Perry, Hebrew University of Jerusalem Philip J. Reny, University of Chicago Arthur J. Robson, Simon Fraser University
   Presented by: Philip Reny, University of Chicago
 

Kludged
By Jeffrey Ely Northwestern University
   Presented by: Jeffrey Ely, Northwestern University
 

Sex selective abortions and gender balance
By V. Bhaskar, University College London
   Presented by: V. Bhaskar, University College London

Session 17: Macro Time Series

Session Organizer: Guido Kuersteiner, University of California-Davis
Session Chair: Oscar Jorda, U.C. Davis
Session type: contributed
Session JEL code: C3
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Low-Frequency Robust Cointegration Testing
JEL codes: C32, C12
By Ulrich Mueller, Princeton University Mark Watson, Princeton University
   Presented by: Ulrich Mueller, Princeton University
 

Path Forecast Evaluation
By Oscar Jorda U.C. Davis Massimiliano Marcellino Universita Bocconi
   Presented by: Oscar Jorda, U.C. Davis
 

Forecast Evaluation of Small Nested Model Sets
By Kirstin Hubrich, European Central Bank, Research Department Kenneth D. West, University of Wisconsin
   Presented by: Kirstin Hubrich, European Central Bank
 

Nonparametric Bayesian Spectrum Estimation for Large Covariance Matrices
By Matthew Harding (Stanford University) Martin Burda (University of Toronto)
   Presented by: Matthew Harding, Stanford University

Session 18: Asset Pricing and Housing

Session Organizer: Toni Whited, University of Wisconsin
Session Chair: Morris Davis, University of Wisconsin-Madison, School
Session type: contributed
Session JEL code: G0
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Housing as a Measure for the Long Run Risk in Asset Pricing
JEL codes: E21, G12
By Jose L. Fillat University of Chicago
   Presented by: Jose Fillat, University of Chicago
   Discussant: Amir Yaron, The Wharton School
 

Stochastic House Appreciation and Optimal Mortgage Lending
By Tomasz Piskorski, Columbia Business School Alexei Tchsityi, NYU Stern
   Presented by: Tomasz Piskorski, Columbia GSB
   Discussant: Zhiguo He,
 

Home Equity and Risk Sharing
By Dmytro Hryshko, University of Alberta Maria Luengo-Prado, Northeastern University Bent Sorensen, University of Houston
   Presented by: Maria Luengo-Prado, Northeastern University
   Discussant: Wei Yang, University of Rochester

Session 19: Labor and Investment

Session Organizer: Noah Williams, University of Wisconsin
Session Chair: Rudiger Bachmann, University of Michigan
Session type: contributed
Session JEL code: E3
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Aggregate Hours Adjustment in Frictional Labor Markets
JEL codes: C11, C32, E20,
By Michael U. Krause, Deutsche Bundesbank Thomas A. Lubik, Federal Reserve Bank of Richmond
   Presented by: Thomas Lubik, Federal Reserve Bank of Richmond
 

Exogenous vs. Endogenous Separation
By Garey Ramey, UC San Diego
   Presented by: Garey Ramey, UC San Diego
 

A Putty-Clay Analysis of Housing Investment and Price Dynamics
By James Kahn (Stern-New York University and Wharton-UPenn) Francois Gourio (Boston U.)
   Presented by: James Kahn, University of Pennsylvania
 

Cross-section of Firms: Long-run Trends and the Cycle
By Bachmann, Ruediger, University of Michigan Bayer, Christian, University of Bonn
   Presented by: Rudiger Bachmann, University of Michigan

Session 20: decision theory under risk and uncertainty

Session Organizer: Lin Zhou, Arizona State University
Session Chair: Mark Machina, University of California, San Diego
Session type: contributed
Session JEL code: D81
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Risk, Ambiguity and the Rank-Dependence Axioms
JEL codes: D81
By Mark Machina, Univerisity of California, San Diego
   Presented by: Mark Machina, University of California, San Diego
 

Probabilistic Choice and Stochastic Dominanc
By Pavlo R. Blavatskyy, University of Zurich (IEW)
   Presented by: Pavlo Blavatskyy, University of Zurich
 

Loss Aversion with a State-dependent Reference Point
By Enrico De Giorgi, University of Lugano Thierry Post, Erasmus University Rotterdam
   Presented by: Enrico De Giorgi, University of Lugano
 

Invariance axioms for state- and process-dependent preferences
By Martin E. Sandbu, Wharton
   Presented by: Martin Sandbu, Wharton School, Univ. of Pennsylvania

Session 21: Education

Session Organizer: Dennis Epple, Carnegie Mellon University
Session Chair: Eric Hanushek, Stanford University
Session type: contributed
Session JEL code: I2
Date: January 4, 2009
Time: 2:30 - 4:30
Location: Hilton San Francisco
 

Suspending the Right to an Education or Preserving It? An Equilibrium Model of Student Behavor, Achievement, and Suspension
By Josh Kinsler University of Rochester
   Presented by: Josh Kinsler, University of Rochester
 

An Equilibrium Analysis of Public School Accountability and Private School Choice
By Maria Marta Ferreyra, Tepper School of Business- Carnegie Mellon University Pierre Jinghong Liang,Tepper School of Business- Carnegie Mellon University
   Presented by: Maria Ferreyra, Carnegie Mellon University
 

Getting the Incentives Right: Responses of Teachers and Students to Accountability
By Jane Cooley, University of Wisconsin
   Presented by: Jane Cooley, University of Wisconsin--Madison
 

A theory of school choice lotteries: Why ties shouldn't be broken randomly.
By Onur Kesten, Carnegie Mellon University and M. Utku Ünver, University of Pittsburgh
   Presented by: Onur Kesten, Carnegie Mellon University

Session 22: Early Influences on Economic Success

Session Organizer: Shelly Lundberg, University of Washington
Session Chair: Blau David,
Session type: contributed
Session JEL code: J1
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Season of Birth and Later Outcomes: Old Questions, New Answers
JEL codes: J11, J13, C2
By Kasey Buckles, University of Notre Dame Daniel Hungerman, University of Notre Dame and NBER
   Presented by: Kasey Buckles, University of Notre Dame
 

The Determinants of the Family Structure Experiences of Children in the United States
By David Blau, Ohio State University Wilbert van der Klaauw, Federal Reserve Bank of New York
   Presented by: Blau David,
 

Changes in the Characteristics of American Youth: Implications for Adult Outcomes
By Joseph G. Altonji Yale Uinversity Prashant Bharadwaj Yale University Fabian Lange Yale University
   Presented by: Joseph Altonji, Yale University
 

Intergenerational Correlations of Skills
By Emiko Usui, Nagoya University Tsunao Okumura, Yokohama National University
   Presented by: Emiko Usui, Nagoya University

Session 23: Institutions and Political Decisions

Session Organizer: David Austen-Smith, Northwestern University
Session Chair: Steven Callander, Northwestern University
Session type: contributed
Session JEL code: D7
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Federal Directive and Local Discretion
JEL codes: H77 - D72
By Kellogg School of Management Northwestern University
   Presented by: Antoine LOEPER, Kellogg Shool of Management
 

One-dimensional Bargaining with Markov Recognition Probabilities
By P. Jean-Jacques Herings, Maastricht University Arkadi Predtetchinski, Maastricht University
   Presented by: P. Jean-Jacques Herings, Maastricht University
 

On the Possibility of Collective Wisdom through Voting
By Lu Hong, Loyola University Chicago Scott E. Page, University of Michigan
   Presented by: Lu Hong, Loyola University Chicago
 

Informational Structure, Committees, and the Optimality of Open Rules
By John W. Hatfield Graduate School of Business Stanford University
   Presented by: John Hatfield, Graduate School of Business

Session 24: Estimation of Dynamic and Non-Linear Models

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Moshe Buchinsky, UCLA
Session type: contributed
Session JEL code: C5
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Sequential Estimation of Structural Models with Fixed Point Constraint
JEL codes: C13, C14, C63
By Hiroyuki Kasahara, University of Western Ontario Shimotsu Katsumi, Queen's University
   Presented by: Hiroyuki Kasahara, University of Western Ontario
 

Instrumental Variable Estimation of Nonlinear Models with
By Jinyong Hahn, Department of Economics,UCLA Yingyao Hu, Department of Economics, Johns Hopkins University Geert Ridder, Department of Economics, University of Southern California
   Presented by: Geert Ridder, University of Southern California
 

A Practitioner’s Guide to Bayesian Estimation of Discrete Choice Dynamic Programming Models
By Andrew Ching, University of Toronto Susumu Imai, Queen's University Masakazu Ishihara, University of Toronto Neelam Jain, Northern Illinois University
   Presented by: Andrew Ching, University of Toronto
 

Nonparametric Identification of Dynamic Models with Unobserved State Variables
By Yingyao Hu, Johns Hopkins University Matthew Shum, Johns Hopkins University
   Presented by: Yingyao Hu, Johns Hopkins University

Session 25: Nutritional and Behavioral Problems in Children and Adolescents

Session Organizer: Petra Todd, University of Pennsylvania
Session Chair: Jere Behrman, University of Pennsylvania
Session type: contributed
Session JEL code: J1
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Preventing Behavior Problems in Childhood and Adolescence:Evidence from Head Start
JEL codes: C21, I28, I38
By Pedro Carneiro University College London, Centre for Microdata Methods and Practice, and Institute for Fiscal Studies Rita Ginja University College London
   Presented by: Rita Ginja, University College London
 

Minimizing Bias in Selection on Observables Estimators when Unconfoundedness Fails
By Daniel L. Millimet, SMU Rusty Tchernis, Indiana U
   Presented by: Daniel Millimet, Southern Methodist University
 

Identifying the Effects of Food Stamps on the Nutritional Health of Children when Program Participation is Misreported
By Brent Kreider, Iowa State University John Pepper, University of Virginia Craig Gundersen, University of Illinois Dean Jolliffe, USDA
   Presented by: John Pepper, University of Virginia
 

The Persistence of Bulimia Nervosa among Young Girls
By Michelle S. Goeree (michelle.goeree@gmail.com) Department of Economics, KAP 300 USC, Los Angeles, CA 90089-0253 John C. Ham (johnham@usc.edu) Department of Economics, KAP 300 USC, Los Angeles, CA 90089-0253 Daniela Iorio (Daniela.Iorio@uab.cat) Department of Economics and Economic History, Universitat Autonoma de Barcelona, 08193 Bellaterra (Barcelona), Spain
   Presented by: John Ham, University of Southern California

Session 26: Empirical Studies of Industry Dynamics and Innovation

Session Organizer: Jonathan Levin, Stanford University
Session Chair: Nick Bloom, Stanford & CEP
Session type: contributed
Session JEL code: L13, L16
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Dynamic Olley-Pakes Decomposition with Entry and Exit
JEL codes: C10, O47
By Marc J. Melitz, Princeton University Sašo Polanec, University of Ljubljana
   Presented by: Sašo Polanec, Ekonomska fakulteta Univerze v Ljubljani
 

Durable Goods Oligopoly with Innovation: Theory and Empirics
By Ronald Goettler, Carnegie Mellon University Brett Gordon, Columbia University
   Presented by: Ronald Goettler, Chicago GSB
 

Identifying technology spillovers and product market rivalry
By Nicholas Bloom (Stanford) Mark Schankerman (LSE) John Van Reenen (LSE)
   Presented by: Nick Bloom, Stanford & CEP
 

Advertising and Market Share Dynamics
By Minjung Park University of Minnesota
   Presented by: Minjung Park, University of Minnesota

Session 27: Taxation, Public Sector Incentives, and Selection

Session Organizer: Dennis Epple, Carnegie Mellon University
Session Chair: Holger Sieg, Carnegie Mellon University
Session type: contributed
Session JEL code: H2
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

An Optimal Selective Migration Policy in the Absence of Symmetric Information and in the Presence of Skill Formation Incentives
JEL codes: F22, J24, J61
By Oded Stark University of Bonn, Bonn, Germany; University of Klagenfurt, Klagenfurt, Austria; University of Vienna, Vienna, Austria; Warsaw University and Warsaw School of Economics, Warsaw, Poland Alessandra Casarico Università Bocconi, Milano, Italy; CEPR, London, UK; CESifo, Munich, Germany Silke Uebelmesser Center for Economic Studies, University of Munich, Munich, Germany; CESifo, Munich, Germany
   Presented by: Oded Stark, University of Bonn
 

Price vs. Quantity-Based Approaches to Airport Congestion
By Jan K. Brueckner
   Presented by: Jan Brueckner, UC Irvine
 

Schedule Selection by Agents: from Price Plans to Tax Tables
By Erzo F.P. Luttmer, Harvard Kennedy School Richard J. Zeckhauser, Harvard Kennedy School
   Presented by: Erzo Luttmer, Harvard University
 

Do Agglomeration Economies Reduce the Sensitivity of Firm Location to Tax Differentials?
By Marius Brülhart, University of Lausanne Mario Jametti, York University, Toronto Kurt Schmidheiny, Universitat Pompeu Fabra
   Presented by: Kurt Schmidheiny, Universitat Pompeu Fabra

Session 28: Model Averaging in Growth Empirics

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Steven Durlauf, University of Wisconsin
Session type: contributed
Session JEL code: O4
Date: January 4, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Model Averaging Approaches in Structural Equation Models
By Andros Kourtellos, University of Cyprus and Chih Ming Tan, Tufts University
   Presented by: Andros Kourtellos, University of Cyprus
 

A Comparison of Two Averaging Techniques with an Application to Growth Empirics
By Jan R. Magnus, Tilburg, Owen Powell, Tilburg, and Patricia Prufer, Tilburg
   Presented by: Jan R. Magnus, Tilburg University
 

Robust Growth Determinants
By Gernot Doppelhofer, Norwegian School of Economics and Melvyn Weeks Cambdridge University
   Presented by: Gernot Doppelhofer, Norwegian School of Economics
 

Determining Growth Determinants: Default Priors and Predictive Performance in Bayesian Model Averaging
By Theo Eicher, Univeristy of Washington, Chris Papageorgiou, International Monetary Fund-Research and Adrian Raftery, Univeristy of Washington
   Presented by: Chris Papageorgiou, IMF

Session 29: Financial Econometrics

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Yacine Ait-Sahalia, Princeton University
Session type: contributed
Session JEL code: C5
Date: January 4, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

Estimating the Degree of Activity of Jumps in High Frequency Financial Data
JEL codes: C13; C14; C22
By Yacine Ait-Sahalia, Princeton University Jean Jacod, Universite de Paris-6
   Presented by: Yacine Ait-Sahalia, Princeton University
 

Nonparametric Stochastic Volatility
By Federico Bandi Roberto Renò
   Presented by: Roberto Renò, public
 

Duration-Based Volatility Estimation
By Torben G. Andersen, Northwestern University Dorislav P. Dobrev, Federal Reserve Board of Governors Ernst Schaumburg, Northwestern University
   Presented by: Ernst Schaumburg, Northwestern University
 

Fitting and testing vast dimensional time-varying covariance models
By Robert F. Engle, Stern Business School, New York University Neil Shephard,Oxford-Man Institute, University of Oxford Kevin Sheppard Department of Economics, University of Oxford
   Presented by: Kevin Sheppard, University of Oxford

Session 30: Plenary Session: Development, Education and Inequality; Plenary Speakers DENNIS EPPLE, Carnegie Mellon University and JAMES J. HECKMAN, University of Chicago

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Steven Durlauf, University of Wisconsin
Session type: invited
Session JEL code: D9
Date: January 4, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco

Session 31: Cost and Diffusion of Information

Session Organizer: Dirk Bergemann, Yale University
Session Chair: Dirk Bergemann, Yale University
Session type: contributed
Session JEL code: D8
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

Information Percolation with Equilibrium Search Dynamics
JEL codes: D83, D62
By Darrell Duffie - Stanford University and NBER Semyon Malamud - ETH Zurich Gustavo Manso - MIT
   Presented by: Gustavo Manso, MIT
 

Information-Constrained State-Dependent Pricing
By Mike Woodford, Columbia University
   Presented by: Michael Woodford, Columbia University
 

Rationally Inattentive Seller: Sales and Discrete Pricing
By Filip Matejka, Princeton University
   Presented by: Filip Matejka, Princeton University
 

Rational Inattention and Discreteness of Responses
By Chris Sims, Princeton University and Filip Matejka, Princeton University
   Presented by: Filip Matejka, Princeton University

Session 32: Non-Linear Time Series

Session Organizer: Guido Kuersteiner, University of California-Davis
Session Chair: Zhongjun Qu, Boston University
Session type: contributed
Session JEL code: C32
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

Functional-Coefficient Models for Nonstationary Time Series Data
By Zongwu Cai, University of North Carolina at Charlotte Qi Li, Texas A&M University Joon Y. Park, Texas A&M University
   Presented by: ZONGWU CAI, Department of Mathematics and Statistics
 

Testing for the Markov Property in Time Series
By Bin Chen, University of Rochester Yongmiao Hong, Cornell University
   Presented by: Bin Chen, University of Pittsburgh
 

A test against spurious long memory with application to realized volatility
By Zhongjun Qu Department of Economics Boston University
   Presented by: Zhongjun Qu, Boston University
 

Dynamic Model Adequacy Checks for Data with Discrete Components
By Carlos Velasco (Universidad Carlos III de Madrid) Igor Kheifets (Universidad Carlos III de Madrid)
   Presented by: Igor Kheifets, Univerdidad Carlos III de Madrid

Session 33: The Determination of Schooling, Wages, and Earnings: New Empirical Evidences

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Moshe Buchinsky, UCLA
Session type: contributed
Session JEL code: I2
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

Choosing the Field of Study in French Post-Secondary Education: Do Expected Earnings Matter?
JEL codes: J24,C35,D84
By Magali Beffy (DEPP,CREST-INSEE,Paris, and IZA,Bonn) Denis Fougère (CNRS,CREST-INSEE,Paris, CEPR,London, and IZA,Bonn) Arnaud Maurel (CREST-ENSAE,PSE,Paris)
   Presented by: Arnaud Maurel, ENSAE
 

Employer size, employee wage and stochastic labour demand
By Sebastian Buhai, Aarhus School of Business, University of Aarhus, Denmark and Tinbergen Institute, the Netherlands
   Presented by: Sebastian Buhai, Aarhus School of Business, University of Aarhus
 

Ability, Schooling Inputs and Earnings: Evidence from the NELS
By Ozkan Eren University of Nevada, Las Vegas
   Presented by: Ozkan Eren, University of Nevada, Las Vegas

Session 34: Asymmetric information in electricity markets, credit markets, life insurance and in migration decisions

Session Organizer: Petra Todd, University of Pennsylvania
Session Chair: Christopher R. Taber, University of Wisconsin-Madison
Session type: contributed
Session JEL code: D8
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

Electricity Pricing to U.S. Manufacturing Plants,1963-2000
JEL codes: L60, L94, Q40
By Steven J. Davis, University of Chicago Cheryl Grim, Bureau of the Census John Haltiwanger, University of Maryland Mary Streitwieser,Bureay of Economic Analysis
   Presented by: Steven Davis, UNIVERSITY OF CHICAGO
 

The Anatomy of U.S. Personal Bankruptcy Under Chaper 13
By Hulya Erasian, Wharton School, University of Pennsylvania Wenli Li, Federal Reserve Bank of Philadelphia Pierre Sarte, Federal Reserve Bank of Richmond
   Presented by: Wenli Li, Federal Reserve Bank of Philadelphia
 

Testing for asymmetric information in the viager market
By Philippe Février, CREST-LEI Laurent Linnemer, CREST-LEI Michael Visser, ERMES-CNRS and PSE
   Presented by: Michael Visser, CNRS-ERMES
 

The Evolution of the Documented and Undocumented Population of Mexican Migrants to the US
By Melissa Tartari (Yale)
   Presented by: melissa tartari, Yale

Session 35: International Trade and the Cycle

Session Organizer: Helene Rey, London Business School
Session Chair: Enrique G. Mendoza, University of Maryland
Session type: contributed
Session JEL code: F10
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

International Trade in Durable Goods in a Sticky-Price Model
JEL codes: E32 F3 F4
By Charles Engel, University of Wisconsin Jian Wang, Federal Reserve Bank of Dallas
   Presented by: Jian Wang, Federal Reserve Bank of Dallas
 

Measuring U.S. International Relative Prices: A WARP View of the World
By Charles Thomas - Federal Reserve Board Jaime Marquez - Federal Reserve Board Sean Fahle - Federal Reserve Board
   Presented by: Jaime Marquez, Federal Reserve Board
 

International Portfolios, Capital Accumulation and Foreign Assets Dynamics
By Nicolas Coeurdacier, London Business School and CEPR Robert Kollmann, ECARES, Université Libre de Bruxelles, Université Paris XII and CEPR Philippe Martin, Université Paris I Panthéon-Sorbonne, Paris School of Economics and CEPR
   Presented by: Robert Kollmann, Free University of Brussels
 

The Finnish Great Depression: From Russia with Love
By Yuriy Gorodnichenko, UC Berkeley and NBER Enrique G. Mendoza, University of Maryland and NBER Linda L. Tesar, University of Michigan and NBER
   Presented by: Enrique G. Mendoza, University of Maryland

Session 36: Design of Procurement and Sale Mechanisms

Session Organizer: Steve Tadelis, University of California, Berkeley
Session Chair: Jakub Kastl, Stanford University
Session type: contributed
Session JEL code: D4
Date: January 5, 2009
Time: 1:00 - 3:00
Location: Hilton San Francisco
 

The Effect of Information on the Bidding and Survival of Entrants in Procurement Auctions
JEL codes: H4, H57, D44
By Dakshina G. De Silva, Texas Tech University Georgia Kosmopoulou, Univesity of Oklahoma Carlos Lamarche, University of Oklahoma
   Presented by: Georgia Kosmopoulou, University of Oklahoma
 

Endogenous Commitment
By Larry Samuelson, Yale University Johannes Horner, Northwestern University
   Presented by: Larry Samuelson, Yale University
 

A model and an experimental test of the lowest unique bid auction
By Miguel A. Costa-Gomes, University of Aberdeen (UK), Makoto Shimoji, University of York (UK)
   Presented by: Miguel Costa-Gomes, University of Aberdeen
 

Outsourcing using Online Auctions
By Elena Krasnokutskaya, Department of Economics, University of Pennsylvania Christian Terwiesch, Wharton School of Business, University of Pennsylvania
   Presented by: Elena Krasnokutskaya, University of Pennsylvania

Session 37: Schooling and Learning

Session Organizer: Shelly Lundberg, University of Washington
Session Chair: Salvador Navarro, University of Wisconsin-Madison
Session type: contributed
Session JEL code: I2
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

One Size Fits All? The effects of teacher cognitive and non-cognitive abilities on student achievement
By Erik Gronqvist Institute for Labor Market Evaluation (IFAU) Jonas Vlachos Stockholm University and CEPR
   Presented by: Jonas Vlachos, Stockholm University
 

Teacher Effort and School Incentives: Evidence from Lao PDR
By Hai-Anh Dang, World Bank Elizabeth M. King, World Bank Jeffrey Waite, World Bank
   Presented by: Hai-Anh Dang, World Bank
 

A student just like my child: The role of teacher family characteristics on teaching quality and discrimination
By Erik Grönqvist, Institute for labour market policy evaluation Jonas Vlachos, Stockholm university, IFN, CEPR
   Presented by: Erik Grönqvist, IFAU
 

Do Young People Learn Criminal Behaviour? Quasi-Experimental Evidence
By Anna Piil Damm, Dep. of Economics and CIM, Aarhus School of Business, University of Aarhus. Christian Dustmann, Dep. of Economics and CReAM, University College London
   Presented by: Anna Piil Damm, Aarhus School of Business, University of

Session 38: Econometric Theory - Inference

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Hidehiko Ichimura, University of Tokyo
Session type: contributed
Session JEL code: C0
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Nonparametric Inference on Optimal Treatment Allocation under Budget Constraints
JEL codes: C14
By Debopam Bhattacharya, Dartmouth College Pascaline Dupas, Dartmouth College
   Presented by: Debopam Bhattacharya, Dartmouth College
 

Set Estimation and Inference with Models Characterized by Conditional Moment Inequalities
By KYOO IL KIM, University of Minnesota
   Presented by: Kyoo il Kim, University of Minnesota
 

How to Account For the Dependence Structure For the Kernel Density Estimator?
By Yoichi Arai, Faculty of Economics, University of Tokyo Hidehiko Ichimura, Faculty of Economics, University of Tokyo
   Presented by: Hidehiko Ichimura, University of Tokyo
 

On the Efficiency of Generalized Likelihood Ratio Tests
By Yongmiao Hong and Yoonjin Lee
   Presented by: Yoon-Jin Lee, Indiana University

Session 39: Dynamic Competition and Negotiation

Session Organizer: Jonathan Levin, Stanford University
Session Chair: Joseph Harrington, Johns Hopkins University
Session type: contributed
Session JEL code: D40, L13
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Collusion with Monitoring Based on Self-Reported Sales
JEL codes: L13
By Joseph E. Harrington, Jr. Department of Economics Johns Hopkins University Andrzej Skrzypacz Graduate School of Business Stanford University
   Presented by: Joseph Harrington, Johns Hopkins University
 

The value of switching costs
By Gary Biglaiser, University of North Carolina Jacques Crémer, Toulouse School of Economics Gergely Dobos
   Presented by: Jacques Cremer, Toulouse School of Economics
 

Information Disclosure and Endogenous Sequencing in Bilateral Negotiations
By Silvana Krasteva, Duke University Huseyin Yildirim, Duke University
   Presented by: Huseyin Yildirim, Duke University
 

Lumpy Capacity Investment and Disinvestment Dynamics
By David Besanko, Northwestern University Ulrich Doraszelski, Harvard University Lauren Lu, University of North Carolina Mark Satterthwaite, Northwestern University
   Presented by: Ulrich Doraszelski, Harvard University

Session 40: Determinants of Economic Growth

Session Organizer: Oded Galor, Brown University
Session Chair: Peter Howitt,
Session type: contributed
Session JEL code: O4
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

A Contribution to the Empirics of Structural Change in Economic Growth
JEL codes: C33, O49
By Andros Kourtellos Department of Economics, University of Cyprus, P.O. Box 20537, CY-1678, Nicosia, Cyprus Ioanna Stylianou Department of Economics, University of Cyprus, P.O. Box 20537, CY-1678, Nicosia, Cyprus Chih Ming Tan Department of Economics, Braker Hall, Tufts University, 8 Upper Campus Road, Medford, MA 02155
   Presented by: Ioanna Stylianou, University Of Cyprus
 

Time, Quality, and Growth
By Francisco Alcalá, Universidad de Murcia
   Presented by: Francisco Alcala, Universidad de Murcia
 

Growth, Selection and Appropriate Contracts
By Alessandra Bonfiglioli, Institute for Economic Analysis (CSIC) Gino Gancia, CREI UPF and CEPR
   Presented by: Alessandra Bonfiglioli, Institute for Economic Analysis
 

Democracy, Diversification, and Growth Reversals
By David Cuberes, Clemson University Michal Jerzmanowski, Clemson University
   Presented by: David Cuberes, Clemson University

Session 41: Advanced Empirical Findings in the Economics of Education

Session Organizer: Caroline Hoxby, Stanford University
Session Chair: Caroline Hoxby, Stanford University
Session type: contributed
Session JEL code: I2
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Are Teacher-Level Value-Added Estimates Biased? An Experimental Validation of Non-Experimental Estimates
By Thomas Kane, Harvard University Graduate School of Education Douglas Staiger, Dartmouth College
   Presented by: Caroline Hoxby, Stanford University
 

Learning about academic ability and the college drop-out decision
By Todd Stinebrickner The University of Western Ontario Ralph Stinebrickner Berea College
   Presented by: Todd Stinebrickner, University of Western Ontario and NBER
 

Measuring Segregation
By David M. Frankel, Iowa State University Oscar Volij, Ben Gurion University
   Presented by: David Frankel, Iowa State University
 

The Signaling Value of Central School Exams
By Guido Schwerdt Ifo Institute Institute for Economic Research Department Human Capital & Innovation Poschingerstraße 5 81679 München Germany Tel.: +49(0)89/9224-1310 Fax: +49(0)89/9224-1460 E-Mail: schwerdt@ifo.de http://www.cesifo-group.de/portal/page/portal/ifoHome/f-about/f3aboutifo/50ifostaff/_ifocv_schwerdt_g Ludger Wößmann Center for Economic Studies, University of Munich and Ifo Institute for Economic Research Poschingerstraße 5 81679 München Germany Tel.: +49(0)89/9224-1699 Fax: +49(0)89/9224-2699 E-Mail: woessmann@ifo.de http://www.cesifo-group.de/portal/page/portal/ifoHome/f-about/f3aboutifo/50ifostaff/_ifocv_woessmann_l
   Presented by: Guido Schwerdt, Ifo Institute for Economic Research

Session 42: Decision Theory

Session Organizer: Chris Shannon, UC Berkeley
Session Chair: Chris Shannon, UC Berkeley
Session type: contributed
Session JEL code: D0
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

Symmetry of evidence without evidence of symmetry
By Larry G. Epstein, Boston University Kyoungwon Seo, MEDS, Northwestern University (starting 7/1/2008)
   Presented by: Larry Epstein, Boston University
 

A million answers to twenty questions: choosing by checklist
By Michael Mandler, Royal Holloway, University of London Paola Manzini, Queen Mary, University of London Marco Mariotti, Queen Mary, University of London
   Presented by: Michael Mandler, Royal Holloway College, University of London
 

Three Easy Pieces: Applications of Vector Expected Utility
By Marciano Siniscalchi, Northwestern University
   Presented by: Marciano Siniscalchi, Northwestern University
 

Complexity and Bounded Rationality in Individual Decision Problems
By Theodoros Diasakos, Collegio Carlo Alberto Paolo Ghirardato, Univ. di Torino and Collegio Carlo Alberto
   Presented by: Paolo Ghirardato, Univ. Torino and Collegio Carlo Alberto

Session 43: Economic Analysis of Subjective Well-Being

Session Organizer: Justin Wolfers, University of Pennsylvania
Session Chair: Andrew Oswald, Warwick University
Session type: contributed
Session JEL code: D6
Date: January 5, 2009
Time: 8:00 - 10:00
Location: Hilton San Francisco
 

The Paradox of Declining Female Happiness
JEL codes: D6, I32, J1, J7
By Betsey Stevenson The Wharton School University of Pennsylvania and CESifo and NBER betsey.stevenson@wharton.upenn.edu http://bpp.wharton.upenn.edu/betseys Justin Wolfers The Wharton School University of Pennsylvania CESifo, CEPR, IZA and NBER jwolfers@wharton.upenn.edu http://www.nber.org/~jwolfers
   Presented by: Betsey Stevenson, University of Pennsylvania
 

Lost in Transition: Life Satisfaction on the Road to Capitalism
By Richard A. Easterlin, University of Southern California
   Presented by: Richard Easterlin, University of Southern California
 

What Good Is Wealth Without Health? The Effect of Health on the Marginal Utility of Consumption
By Amy Finkelstein, MIT Erzo F.P. Luttmer, Harvard Matt Notowidigdo, MIT
   Presented by: Amy Finkelstein, MIT
 

National Time Accounting: The Currency of Life
By Alan Krueger, Princeton University and NBER, Daniel Kahneman, Princeton University, David Schkade, University of California at San Diego, Arthur Stone, State University of New York at Stony Brook and Norbert Schwarz, University of Michigan
   Presented by: Alan Krueger, Princeton and NBER

Session 44: Elections and Redistribution

Session Organizer: David Austen-Smith, Northwestern University
Session Chair: Scott Page, University of Michigan
Session type: contributed
Session JEL code: D7
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

An Agenda-Setting Model of Electoral Competition
JEL codes: D72
By Josep M. Colomer, Universitat Pompeu Fabra and CSIC Humberto Llavador, Universitat Pompeu Fabra
   Presented by: Humberto Llavador, Universitat Pompeu Fabra
 

Searching for Good Policies: Repeated Elections, Learning, and Policy Dynamics
By Steven Callander, Northwestern University
   Presented by: Steven Callander, Northwestern University
 

Voting and Experimentation
By Bruno Strulovici (Oxford University / Northwestern University)
   Presented by: Bruno Strulovici, Oxford University, Nuffield College
 

Work Values, Endogenous Sentiments and Redistribution
By Matteo Cervellati, University Bologna Joan Esteban, IAE Barcelona Laurence Kranich, University at Albany
   Presented by: Matteo Cervellati, University of Bologna, IAE Barcelona

Session 45: Empirical Monetary Economics

Session Organizer: Tao Zha, Federal Reserve Bank of Atlanta
Session Chair: James Hamilton, University of California, San Diego
Session type: contributed
Session JEL code: E4
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

Insights from an Estimated Search-Based Monetary Model with Nominal Rigidities
JEL codes: C5, E4, E5
By S. Boragan Aruoba, University of Maryland Frank Schorfheide, University of Pennsylvania
   Presented by: S. Boragan Aruoba, University of Maryland
 

Daily Monetary Policy Shocks and the Delayed Response of New Home Sales
By James D. Hamilton, University of California, San Diego
   Presented by: James Hamilton, University of California, San Diego
 

Forming Priors for DSGE Models (and How It Affects the Assessment of Nominal Rigidities)
By Marco Del Negro, FRBNY Frank Schorfheide, University of Pennsylvania
   Presented by: Marco Del Negro, FRBNY-Research
 

Should the Central Bank be Concerned about Housing Prices?
By Karsten Jeske Federal Reserve Bank of Atlanta Zheng Liu Emory University
   Presented by: Zheng Liu, Federal Reserve Bank of San Francisco

Session 46: Monetary Economics and Policy

Session Organizer: Noah Williams, University of Wisconsin
Session Chair: Noah Williams, University of Wisconsin
Session type: contributed
Session JEL code: E4
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

A Black Swan in the Money Market
JEL codes: E4, E5
By John B. Taylor, Stanford University John C. Williams, FRB San Francisco
   Presented by: John Williams, Federal Reserve Bank of San Francisco
 

Optimal Monetary Policy in a Data-Rich Environment
By Jean Boivin, HEC Montreal Marc Giannoni, Columbia University
   Presented by: Marc Giannoni, Columbia University
 

Inflation Stabilization and Welfare (and Model Uncertainty)
By Thomas D. Tallarini, Jr. - Federal Reserve Board
   Presented by: Thomas Tallarini, The Federal Reserve Board
 

Interest Rate Rules, Inflation Risk, and Multiple Equilibria
By Noah Williams, University of Wisconsin
   Presented by: Noah Williams, University of Wisconsin

Session 47: Social Interactions

Session Organizer: Lawrence Blume, CORNELL UNIVERSITY
Session Chair: Steven Durlauf, University of Wisconsin
Session type: contributed
Session JEL code: Z1
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

Schelling Redux: An Evolutionary Dynamic Model of Residential Segregation
JEL codes: C73, R20
By Emin Dokumaci, University of Wisconsin William H. Sandholm, University of Wisconsin
   Presented by: William Sandholm, University of Wisconsin
 

Efficiency and Stability of Dynamic Innovation Networks
By Michael David Koenig, Chair of Systems Design, ETH Zurich, Kreuzplatz 5, CH-8032 Zurich, Switzerland Stefano Battiston, Chair of Systems Design, ETH Zurich, Kreuzplatz 5, CH-8032 Zurich, Switzerland Mauro Napoletano, Chair of Systems Design, ETH Zurich, Kreuzplatz 5, CH-8032 Zurich, Switzerland Frank Schweitzer, Chair of Systems Design, ETH Zurich, Kreuzplatz 5, CH-8032 Zurich, Switzerland
   Presented by: Michael König, ETH Zürich
 

Emergent networks in dynamic strategic settings
By Jeremy Fox, Chicago David A. Miller, UCSD
   Presented by: David Miller, University of California, San Diego
 

Heterogeneity in Social Networks and the Classical Theory of Public Goods
By Dennis O'Dea University of Illinois at Urbana-Champaign
   Presented by: Dennis O'Dea, University of Illinois

Session 48: Political Economy

Session Organizer: Dennis Epple, Carnegie Mellon University
Session Chair: Jon Sonstelie, University of California, Santa Barbara
Session type: contributed
Session JEL code: H3
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

Immigration and Spending on Public Education: California, 1969-1999
JEL codes: H4, H7, F22
By Daniele Coen-Pirani (Carnegie Mellon University)
   Presented by: Daniele Coen-Pirani, Carnegie Mellon University
 

The Dynamics of Metropolitan Communities
By Dennis Epple, Carnegie Mellon University Richard Romano, University of Florida Holger Sieg, Carnegie Mellon University
   Presented by: Holger Sieg, Carnegie Mellon University
 

Competitive Nonlinear Taxation and Constitutional Choice
By Massimo Morelli, Columbia University Huanxing Yang, Ohio State University Lixin Ye, Ohio State University
   Presented by: Lixin Ye, Ohio State University
 

A Dynamic Model of Housing Supply
By Alvin Murphy; Duke University / Olin Business School, Washington University in St. Louis
   Presented by: Alvin Murphy, Duke University

Session 49: Plenary Session: Empirical Microeconomics; Plenary Speakers MOSHE BUCHINSKY, University of California-Los Angeles and CHRISTOPHER R. TABER, University of Wisconsin-Madison

Session Organizer: Steven Durlauf, University of Wisconsin
Session Chair: Petra Todd, University of Pennsylvania
Session type: invited
Session JEL code: D0
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

The Dynamics of Educational Choices in the United States
By Moshe Buchinsky UCLA, CREST—INSEE, and NBER Alvaro Mezza UCLA Douglas McKee University of Pennsylvania
   Presented by: Moshe Buchinsky, UCLA

Session 50: Forensic Economics

Session Organizer: Justin Wolfers, University of Pennsylvania
Session Chair: Justin Wolfers, University of Pennsylvania
Session type: contributed
Session JEL code: K4
Date: January 5, 2009
Time: 10:15 - 12:15
Location: Hilton San Francisco
 

An Eliot Effect? Prosecutorial Discretion in Mutual Fund Settlement Negotiations, 2003-7
JEL codes: K32,L51,H77G28
By Eric Zitzewitz, Dartmouth College
   Presented by: Eric Zitzewitz, Dartmouth College
 

Detecting Illegal Arms Trade
By Stefano DellaVigna UC Berkeley and NBER Eliana La Ferrara Universita' Bocconi and IGIER
   Presented by: Stefano DellaVigna, University of California at Berkeley
 

The Price of Political Opposition: Evidence from Venezuela’s Maisanta
By Chang-Tai Hsieh, University of California, Berkeley Edward Miguel, University of California, Berkeley Daniel Ortega, Instituto de Estudios Superiores de Administracion Francisco Rodríguez, Wesleyan University
   Presented by: Daniel ortega,
 

Identifying Agent Discretion: Exaggerating School Attendance in Response to a Conditional School Nutrition Program
By Gauri Kartini Shastry, Virginia Leigh L. Linden, Columbia
   Presented by: Leigh Linden, Columbia University

This program was last updated on 2009-01-01 14:19:17 EDT