50 sessions, 188 papers

2010 North American Winter Meeting of the Econometric Society
Complete List of All Sessions

  

Session 1: On Sorting and Hedonic models
Session Organizer: Enrico Moretti, University of California
Session Chair: James Heckman, University of Chicago
Session type: contributed
Session JEL code: J31
Date: January 3, 2010
Time: 1:00 - 1:00
Sorting on skills and preferences: Tinbergen meets Sattinger
JEL codes: D3, J21, J23, J
Presented by: Arnaud Dupuy, Maastricht University
Discussant: Jeremy Fox, University of Chicago
Hedonic price equilibria, stable matching, and optimal transport: equivalence, topology, and uniqueness
Presented by: Lars Nesheim, University College London
Discussant: Alfred Galichon, Ecole polytechnique
Identifying Sorting – In Theory
Presented by: Jan Eeckhout, University of Pennsylvania
Discussant: Jeremy Lise, University College London
Residential Segregation and Black-White Intermarriage
Presented by: Finn Christensen, Towson University
Discussant: Lars Nesheim, University College London

  

Session 2: Structural breaks and parameter instabilities
Session Organizer: Xiaohong Chen, Yale University
Session Chair: Ulrich Mueller, Princeton University
Session type: contributed
Session JEL code: E32E52C22
Date: January 3, 2010
Time: 1:00 - 1:00
Identifying the Sources of Instabilities in Macroeconomic Fluctuations
JEL codes: E32, E52, E58
Presented by: Barbara Rossi, Duke University
Inference Regarding Multiple Structural Changes in Linear Models with Endogenous Regressors
Presented by: Otilia Boldea, Tilburg U
Pre and Post Break Parameter Inference
Presented by: Ulrich Mueller, Princeton University
Estimating Structural Change in Regression Quantiles
Presented by: Zhongjun Qu, Boston University
Identification using stability restrictions
Presented by: Sophocles Mavroeidis, Brown University

  

Session 3: New frontiers in modeling and forecasting realized volatility
Session Organizer: Han Hong, Stanford University
Session Chair: Torben Andersen, Northwestern University, Kellogg School
Session type: contributed
Session JEL code: C10C22C53
Date: January 3, 2010
Time: 1:00 - 1:00
Quadratic Variation by Markov Chains
JEL codes: C10, C22, C80
Presented by: Peter Hansen, Stanford University
Discussants:      Thijs van der Heijden, Tilburg University
Forecasting realized (co)variances with a block structure Wishart autoregressive model
[slides]
Presented by: Matteo Bonato, Swiss Finance Institute and University of Zurich
Discussant: Douglas Steigerwald, University of California, Santa Barbara
The Performance of Option Implied and Time Series Forecasts of Realized Return Volatility
Presented by: Torben Andersen, Northwestern University, Kellogg School
Discussant: Dacheng Xiu, Princeton University
Nonparametric leverage effects
Presented by: Roberto Renò, public
Discussant: Matteo Bonato, Swiss Finance Institute and University of Zurich

  

Session 4: Fluctuation in Uncertainty and the Business Cycle
Session Organizer: Mikhail Golosov, MIT
Session Chair: John Geanakoplos, Yale University
Session type: contributed
Session JEL code: E32
Date: January 3, 2010
Time: 1:00 - 1:00
Presented by: ,
Firm-Specific Productivity Risk over the Business Cycle: Facts and Aggregate Implications
Presented by: Christian Bayer, Bocconi University
Uncertainty, Credit Spreads and Investment Dynamics
Presented by: Jae Sim, Federal Reserve Board
Leverage Cycle
Presented by: John Geanakoplos, Yale University

  

Session 5: Labor Markets and Family
Session Organizer: Mikhail Golosov, MIT
Session Chair: Nezih Guner, Universidad Carlos III de Madrid
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Taxation, Aggregates and the Household
JEL codes: E62, H31, J12,
Presented by: Nezih Guner, Universidad Carlos III de Madrid
Parental Coresidence and the Business Cycle: Implications for Labor Market Fluctuations of Young Workers
Presented by: Greg Kaplan, New York University
Aggregate and Idiosyncratic Risk in a Frictional Labor Market
Presented by: Leena Rudanko, Boston University
Marriage and Cohabitation
Presented by: Ahu Gemici, New York University

  

Session 6: Organizations, innovation and technology
Session Organizer: Luis Garicano, The University of Chicago
Session Chair: Erik Brynjolfsson, MIT
Session type: contributed
Session JEL code: O31, O32
Date: January 3, 2010
Time: 1:00 - 3:00
The distinct effects of Information Technology and Communication Technology on firm organization
JEL codes: O31, O32, O33,
Presented by: Raffaella Sadun, Center for Economic Performance
Do Conglomerates Stifle Innovation?
Presented by: Amit Seru, University of Chicago
The interaction of technology, organization, and product market strategy: The case of auto dealerships
Presented by: Fiona Scott Morton, Yale University
Technology Beats a Full House:The Empirical Relationship between IT Intensity and Performance Heterogeneity
Presented by: Erik Brynjolfsson, MIT

  

Session 7: Advances in Bayesian Nonparametrics
Session Organizer: Han Hong, Stanford University
Session Chair: Matthew Harding, Stanford University
Session type: contributed
Session JEL code: C11, C14
Date: January 3, 2010
Time: 1:00 - 1:00
Understanding Choice Intensity: A Poisson Mixture Model with Logit-based Random Utility Selective Mixing
JEL codes: C11, C23, C13
Presented by: Matthew Harding, Stanford University
Estimation and Comparison of Nonparametric Panel Models
Presented by: Siddhartha Chib, Washington University in St. Louis
Nonparametric Vector Autoregressions and the Post-War U.S. Economy
Presented by: Ivan Jeliazkov, UC Irvine
Bayesian semiparametric stochastic volatility modelin
Presented by: Mark Jensen, Atlanta Federal Reserve Bank

  

Session 8: Topics Macro and Limited Information
Session Organizer: Mikhail Golosov, MIT
Session Chair: Florian Scheuer, MIT
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
The Relative Contributions of Private Information Sharing and Public Information Releases to Information Aggregation
Presented by: Gustavo Manso, MIT
An Equilibrium Theory of Learning, Search and Wages
Presented by: Shouyong Shi, University of Toronto
Competitive Markets Without Commitment
Presented by: Florian Scheuer, MIT

  

Session 9: Beliefs, Memories and Frames
Session Organizer: Roland Benabou, Princeton University
Session Chair: Roland Benabou, Princeton University
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Mnemonomics: The Sunk Cost Fallacy as a Memory Kludge
JEL codes: D03, D24
Presented by: Jeffrey Ely, Northwestern University
Need I Remind You? Monitoring with Collective Memory
Presented by: Kareen Rozen, Yale University
Depth of Reasoning and Higher Order Beliefs
Presented by: Tomasz Strzalecki, Harvard University
Strategic Sophistication: An Experimental Test
Presented by: Paul Healy, The Ohio State University

  

Session 10: Financial Frictions and Systemic Risk
Session Organizer: Markus Brunnermeier, Princeton University
Session Chair: Tobias Adrian, Federal Reserve Bank of New York
Session type: invited
Session JEL code: G1, G2
Date: January 3, 2010
Time: 1:00 - 1:00
Laying off Credit Risk: Loan Sales versus Credit Default Swaps
JEL codes: G1
Presented by: Christine Parlour, UC Berkeley
Discussant: Martin Oehmke, Columbia University
Centralized versus Over the Counter Markets
Presented by: Viral Acharya, New York University / London Business Sc
Discussant: Marco Pagano, University of Naples Federico II
Moral Hazard and Debt Maturity
[slides]
Presented by: Rafael Repullo, CEMFI
Discussant: Mark Westerfield, University of Southern California
Systemic Risk-Taking and Macroprudential Regulation
Presented by: Anton Korinek, University of Maryland
Discussant: Arvind Krishnamurthy, Northwestern University

  

Session 11: Monetary policy and Credit Frictions
Session Organizer: Mikhail Golosov, MIT
Session Chair: Willi Semmler, New School for Social Research
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Optimal Monetary Policy in a Model with Agency Costs
JEL codes: E44, E52
Presented by: Matthias Paustian, Bank of England
Financial Development and Economic Volatility: A Unified Explanation
Presented by: Pengfei Wang, Hong Kong University of Science and Tech
Interaction of Labor and Credit Market Frictions: A Theoretical and Empirical Analysis
Presented by: Willi Semmler, New School for Social Research

  

Session 12: Land use, Transport Costs and Spatial Development
Session Organizer: Esteban Rossi-Hansberg, Princeton University
Session Chair: Esteban Rossi-Hansberg, Princeton University
Session type: contributed
Session JEL code: R10 O10
Date: January 3, 2010
Time: 1:00 - 1:00
On the origins of land use regulations
JEL codes: H7, Q15, R52
Presented by: Frédéric robert-nicoud, Université de Genève
Discussant: William Strange, University of Toronto
The Fundamental Law of Highway Congestion: Evidence from the US
Presented by: Matthew Turner, University of Toronto
Discussant: Klaus Desmet, Universidad Carlos III
Learning, Knowledge Diffusion and the Gains from Globalization
Presented by: Kunal Dasgupta, Princeton University
Discussant: Stephen Redding, London School of Economics
Spatial Development
Presented by: Esteban Rossi-Hansberg, Princeton University
Discussant: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia

  

Session 13: International Trade
Session Organizer: Esteban Rossi-Hansberg, Princeton University
Session Chair: Eric Verhoogen, Columbia University
Session type: contributed
Session JEL code: F10
Date: January 3, 2010
Time: 1:00 - 1:00
The Elasticity of Trade: Estimates and Evidence
JEL codes: F12 F10 E31 F11
Presented by: Ina Simonovska, University of California - Davis
Discussant: Robert Johnson, International Economic Section
Risk, Returns, and Multinational Production
Presented by: Stefania Garetto, Princeton University
Discussant: Marc-Andreas Muendler, University of California, San Diego and
The Dynamics of Export Participation in Large Devaluations
Presented by: George Alessandria, Federal Reserve Bank of Philadelphia
Discussant: Costas Arkolakis, Yale University
"Income Distribution, Product Quality, and International Trade"
Presented by: Gene Grossman, Princeton University
Discussant: Eric Verhoogen, Columbia University

  

Session 14: Industrial Organization I
Session Organizer: Liran Einav, Stanford University
Session Chair: Salvador Navarro, University of Wisconsin-Madison
Session type: contributed
Session JEL code: L
Date: January 3, 2010
Time: 1:00 - 1:00
The Leader's Curse in the Airline Industry
JEL codes: L13, L93
Presented by: Sarit Markovich, Northwestern University
Discussant: Steven Puller, Texas A&M University
Does input quality drive measured differences in firm productivity?
Presented by: valerie smeets, Aarhus School of Business
Discussant: Jan De Loecker, Princeton University
Identifying Production Functions Using Restrictions from Economic Theory
Presented by: Salvador Navarro, University of Wisconsin-Madison
Discussant: Mark Jacobsen, UC San Diego

  

Session 15: Industrial Organization II
Session Organizer: Liran Einav, Stanford University
Session Chair: Luis Cabral, New York University
Session type: contributed
Session JEL code: L
Date: January 3, 2010
Time: 1:00 - 1:00
A Dynamic Analysis of Consolidation in the Broadcast Television Industry
JEL codes: L13, L22
Presented by: Jessica Stahl, Federal Reserve Board of Governors
Discussant: Ali Yurukoglu, Stanford University
Bank Expansion after the Riegle-Neal Act: The Role of Diversification of Geographic Risk
Presented by: Victor Aguirregabiria, University of Toronto
Discussant: Ali Hortacsu, University of Chicago
Estimating a Model of Strategic Network Choice: the Convenience-Store Industry in Okinawa
Presented by: Mitsukuni Nishida, Johns Hopkins University
Discussant: Arie Beresteanu, Duke University
Dynamic Price Competition with Network Effects
Presented by: Luis Cabral, New York University
Discussant: Andrei Hagiu, Harvard Business School

  

Session 16: Financial Econometrics
Session Organizer: Martin Lettau, Haas School of Business
Session Chair: Scott Joslin, MIT Sloan
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
A Structural Autoregressive Conditional Duration Model
JEL codes: G12, C41
Presented by: Thijs van der Heijden, Tilburg University
Discussant: Rossen Valkanov, University of California, San Diego
Testing Downside Risk Efficiency Under Market Distress
Presented by: Jose Olmo, City University, London
Discussant: Jules van Binsbergen, Stanford GSB
ESTIMATING AND TESTING CROSS-SECTIONAL ASSET PRICING MODELS: A ROBUST IV ECONOMETRIC TECHNIQUE
Presented by: Lynda Khalaf, Carleton University
Discussant: Frank DE JONG, Tilburg
Generalized Transform Analysis of Affine Processes And Asset Pricing Applications
Presented by: Scott Joslin, MIT Sloan
Discussant: Xavier Gabaix, New York University

  

Session 17: Asset Pricing
Session Organizer: Martin Lettau, Haas School of Business
Session Chair: Christine Parlour, UC Berkeley
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
A Time to Shine: Mutual Fund Manager’s Attention Allocation over the Business Cycle
JEL codes: G12
Presented by: Marcin Kacperczyk, New York University
Discussant: Vincent Glode, Carnegie Mellon University
Intermittent Portfolio Rebalancing and the Volatility of the Market Price of Risk
Presented by: YiLi Chien, Purdue University
Discussant: Martin Schneider, Stanford University
Banking and Asset Prices in a Flexible-Tree Economy
Presented by: Christine Parlour, UC Berkeley
Discussant: Gian Luca Clementi, Stern School of Business

  

Session 18: Empirical Microeconomics I
Session Organizer: Igal Hendel, Northwestern University
Session Chair: Thierry Magnac, Toulouse School of Economics
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Peer Effects vs Personal Preferences in Smoking Choices: Estimating a Social Interactions Mode
JEL codes: I11,C01
Presented by: Andrea Moro, Vanderbilt University
College entry exams: A dynamic discrete choice model
[slides]
Presented by: Thierry Magnac, Toulouse School of Economics
The Incapacitation Effect of Incarceration: Evidence from Several Italian Collective Pardons
Presented by: Giovanni Mastrobuoni, Collegio Carlo Alberto
Promotion, Turnover and Compensation in the Executive Market
Presented by: Limor Golan, Carnegie Mellon U.

  

Session 19: Empirical Microeconomics II
Session Organizer: Igal Hendel, Northwestern University
Session Chair: Andrew Ching, University of Toronto
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
How Much Do Consumers Know the Quality of Products? Evidence from the Diaper Market
JEL codes: C35, D82, M31
Presented by: Andrew Ching, University of Toronto
Abortion Supplier Dynamics
Presented by: Andrew Beauchamp, Duke University
Tariffs, Quota Restraints, Product Quality and Welfare in the Specialty Cheese Market
Presented by: Joao Macieira, Virginia Tech
Simple Markov-Perfect Industry Dynamics
Presented by: Nan Yang, VU University Amsterdam and the Tinbergen Institute

  

Session 20: Applications of Nonlinear Filtering Methods in Econometrics
Session Organizer: Dirk Bergemann, Yale University
Session Chair: Serena Ng, Columbia University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Applications of Nonlinear Filtering Methods in Econometrics
JEL codes: zzz
Presented by: Lars Hansen, University of Chicago
Discussant: Jesus Fernandez-Villaverde, University of Pennsylvania
Applications of Nonlinear Filtering Methods in Econometrics
Presented by: Lars Hansen, University of Chicago
Discussant: Eric Renault, University of North Carolina
Applications of Nonlinear Filtering Methods in Econometrics
Presented by: Lars Hansen, University of Chicago
Discussant: Jean-Francois Richard, University of Pittsburgh
Applications of Nonlinear Filtering Methods in Econometrics
Presented by: Lars Hansen, University of Chicago
Discussant: David DeJong, University of Pittsburgh

  

Session 21: Dynamic Political Economy
Session Organizer: Marco Battaglini, Princeton University
Session Chair: Marco Battaglini, Princeton University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Growth in the shadow of expropriation
JEL codes: F5, P16
Presented by: Manuel Amador, Stanford University
Power Fluctuations and Political Economy
Presented by: Daron Acemoglu, Massachusetts Institute of Technology
On the value of policy commitment
Presented by: Christopher Sleet, Carnegie Mellon University
Fiscal Policy over the Real Business Cycle: A Positive Theory
Presented by: Marco Battaglini, Princeton University

  

Session 22: Legislative Bargaining
Session Organizer: Marco Battaglini, Princeton University
Session Chair: Salvatore nunnari,
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Electoral and Policy Dynamics in US Politics
JEL codes: D72; D78.
Presented by: Tasos Kalandrakis, University of Rochester
A Dynamic Theory of Parliamentary Democracy
Presented by: Pohan Fong, City University of Hong Kong
An Experimental Investigation of Malapportionment in Bicameral Legislatures
[slides]
Presented by: Emanuel Vespa,
Political Institutions and the Dynamics of Public Investment
Presented by: Salvatore nunnari,

  

Session 23: Matching and Market Design
Session Organizer: Muriel Niederele, Stanford University
Session Chair: Soohyung Lee, University of Maryland
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Why Deferred Acceptance?: An Experimental Look at Strategy in Two-Sided Matching Markets
JEL codes: C70,C92,C78,D83
Presented by: Clayton Featherstone, Stanford University
Decentralized Matching with Aligned Preferences
Presented by: Muriel Niederle, Stanford University
Inefficiencies in Networked Markets
Presented by: Matthew Elliott, Stanford University
Do Roses Speak Louder than Words? Signaling in Internet Dating Markets
Presented by: Soohyung Lee, University of Maryland

  

Session 24: Experimental Economics
Session Organizer: Muriel Niederele, Stanford University
Session Chair: Dale Stahl, University of Texas at Austin
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Precautionary Bidding in First-Price Auctions
JEL codes: C91, D44
Presented by: Martin Kocher, University of Munich
All-Pay Auctions vs. Lotteries as Fundraising Mechanisms
Presented by: John Duffy, University of Pittsburgh
The Impact of Cooperation Defaults on Voluntary Contributions to Public Goods
Presented by: Steffen Altmann, IZA Bonn and University of Bonn
Intertemporal Choice with Liquidity Constraints
Presented by: Yosef Bonaparte, University of Southern Mississipi

  

Session 25: Reputation and Learning
Session Organizer: Johannes Horner, Yale University
Session Chair: Xi Weng, UPenn
Session type: contributed
Session JEL code: C73,C78
Date: January 3, 2010
Time: 1:00 - 1:00
Reputation Online: An adverse-selection model without "committed" types
JEL codes: C73, D82, L14
Presented by: In-Uck Park, University of Bristol
Reputational Incentives and Dynamics
[slides]
Presented by: Moritz Meyer-ter-Vehn, UCLA
The Use of Information in Relational Contracts
Presented by: Jin Li, Kellogg School of Management
Assortative Learning
Presented by: Xi Weng, UPenn

  

Session 26: Game Theory
Session Organizer: Johannes Horner, Yale University
Session Chair: Florian Herold, Northwestern University, Kellogg
Session type: contributed
Session JEL code: C70
Date: January 3, 2010
Time: 1:00 - 1:00
Existence of Equilibria in Games with Arbitrary Strategy Spaces and Payoffs: A Full Characterization
JEL codes: C62, C72
Presented by: Guoqiang Tian, Texas A&M University
Endogenous Public Information and Welfare
Presented by: Xavier Vives, IESE BUSINESS SCHOOL
P-STABLE EQUILIBRIUM: DEFINITION AND SOME PROPERTIES
Presented by: Sayantan Ghosal, University of Warwick
Endogenous criticality in strategically formed random networks
Presented by: Florian Herold, Northwestern University, Kellogg

  

Session 27: Mechanism Design and Managerial Compensation
Session Organizer: Rakesh Vohra, Northwestern University
Session Chair: Thomas Gresik, University of Notre Dame
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Dynamic Managerial Compensation: a Mechanism Design Approach
JEL codes: D82
Presented by: Alessandro Pavan, Northwestern University
Dynamic Incentive Accounts
Presented by: Alex Edmans, University of Pennsylvania
Optimal Time-Contingent Contract Design
Presented by: Bo Chen, Southern Methodist University
Optimal Managerial Compensation, Earnings Manipulation, and Manager Ownership
Presented by: Thomas Gresik, University of Notre Dame

  

Session 28: Mechanism Design
Session Organizer: Rakesh Vohra, Northwestern University
Session Chair: Eiichiro Kazumori, University of Tokyo
Session type: contributed
Session JEL code: d82, d44
Date: January 3, 2010
Time: 1:00 - 1:00
Dynamic Implementation
JEL codes: D82, D83, D86.
Presented by: David Rahman, University of Minnesota
When queueing is better than push and shove
Presented by: Paul Schweinzer, University of Manchester
Information Acquisition and Efficient Bargaining
Presented by: Ricardo Serrano-Padial, University of Wisconsin-Madison
A Strategic Theory of Markets
Presented by: Eiichiro Kazumori, University of Tokyo

  

Session 29: Decision Theory
Session Organizer: Marciano Siniscalchi, Northwestern University
Session Chair: Michael Mandler, Royal Holloway College, University of London
Session type: contributed
Session JEL code: D81
Date: January 3, 2010
Time: 1:00 - 1:00
Harsanyi's theorem without the sure-thing principle
[slides]
JEL codes: D6, D8
Presented by: Stéphane Zuber, Center for Operations Research and Econometrics - Universite Catholique de Louvain
Interim efficiency with MEU-preferences
[slides]
Presented by: V. Filipe Martins-da-Rocha, Fundação Getulio Vargas
Rational agents are the quickest
Presented by: Michael Mandler, Royal Holloway College, University of London

  

Session 30: Income Taxation and Reported Incomes
Session Organizer: Wojciech Kopczuk, Columbia University
Session Chair: Wojciech Kopczuk, Columbia University
Session type: contributed
Session JEL code: H2
Date: January 3, 2010
Time: 1:00 - 1:00
Estimation of Taxable Income Elasticity in a Nonlinear Budget Set Framework
JEL codes: H21, H31
Presented by: Anil Kumar, Federal Reserve Bank of Dallas
Discussant: Alexander Gelber, NBER
The Effects of Adjustment Costs and Institutional Constraints on Labor Supply Elasticities: Evidence from Denmark
Presented by: John Friedman, University of California - Berkeley
Discussant: Erzo Luttmer, Harvard University
Unwilling or Unable to Cheat? Evidence from a Randomized Tax Audit Experiment in Denmark
Presented by: Henrik Kleven, London School of Economics
Discussant: William Gentry, Williams College
Polish Business Flat Tax and Its Effect on Reported Incomes
Presented by: Wojciech Kopczuk, Columbia University
Discussant: John Friedman, University of California - Berkeley

  

Session 31: Wage and Income Inequality
Session Organizer: Enrico Moretti, University of California
Session Chair: Robert Valletta, Federal Reserve Bank of San Francisco
Session type: contributed
Session JEL code: j3
Date: January 3, 2010
Time: 1:00 - 1:00
Consumption and Income Inequality in the U.S.: 1972-2005
JEL codes: J1, H0
Presented by: James Sullivan, University of Notre Dame
Discussant: Takashi Yamashita, Nova Southeastern University
Cross Sectional Volatility of Individual Income Processes
Presented by: Damba Lkhagvasuren, Concordia University
Discussant: Seik Kim, University of Washington
Changes in Wealth Inequality between High-School and College Graduates: Life-Cycle Model and Reality
[slides]
Presented by: Takashi Yamashita, Nova Southeastern University
Discussant: James Sullivan, University of Notre Dame
The Structure of the Temp Wage Gap in Slack Labor Markets
Presented by: Elke Jahn, Aarhus School of Business, University of Aarhus, IAB Nuremberg, IZA Bonn
Discussant: Robert Valletta, Federal Reserve Bank of San Francisco

  

Session 32: new development in panel data
Session Organizer: Xiaohong Chen, Yale University
Session Chair: Xiaohong Chen, Yale University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Spatial Panel Models: Fixed Effects vs Random Components
JEL codes: c14
Presented by: Lung-fei Lee,
Discussant: Jushan Bai, Department of Economics
Identification and Estimation of Partial Effects in Nonlinear Panel Data Models
Presented by: Whitney Newey, MIT
Discussant: Elie Tamer, Northwestern University
A Quantile Correlated Random Coefficients Panel Data Model
Presented by: James Powell, University of California at Berkeley
Discussant: Shakeeb Khan, Duke University
Inference in partially identified semiparametric models
Presented by: Elie Tamer, Northwestern University
Discussant: Shakeeb Khan, Duke University

  

Session 33: advances in econometrics
Session Organizer: Dirk P.H. Bergemann,
Session Chair: Edward Vytlacil, Yale University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Bayesian Aspects of Treatment Choice
JEL codes: c14
Presented by: Gary Chamberlain, Harvard University
Discussant: Keisuke Hirano, University of Arizona
IDENTIFICATION OF TREATMENT RESPONSE WITH SOCIAL INTERACTIONS
Presented by: Charles Manski, Northwestern University
Discussant: Guido Imbens, Harvard University

  

Session 34: International Capital Flows
Session Organizer: Pierre-Olivier Gourinchas, University of California, Berkeley
Session Chair: Luis Marques, Johns Hopkins University
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
A Reappraisal of the Allocation Puzzle through the Portfolio Approach
JEL codes: F21 F43 G11 O16
Presented by: Kenza Benhima, University of Lausanne (HEC)
Discussant: mark aguiar,
Endogenous Inequality of Nations Through Financial Asset Market Integration
[slides]
Presented by: George Vachadze, College of Staten Island/CUNY
Discussant: Gaetano Antinolfi, Washington University
Optimal IMF Policy with Private Capital Flows
Presented by: Suman Basu, IMF
Discussant: Manuel Amador, Stanford University
Foreign Direct Investment and Foreign Portfolio Investment under Asymmetric Information
Presented by: Ruanjai Suwantaradon, Singapore Management University
Discussant: Luis Marques, Johns Hopkins University

  

Session 35: International Business Cycles with Heterogenous Agents
Session Organizer: Pierre-Olivier Gourinchas, University of California, Berkeley
Session Chair: Vincenzo Quadrini, USC
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Domestic Financial Frictions: Implications for International Risk Sharing, Real Exchange Rate Volatility and International Business Cycles
[slides]
JEL codes: F36, F37, F41
Presented by: Robert Kollmann, Université Libre de Bruxelles
Discussant: Viktor Tsyrennikov, Cornell
Offshore Production and Business Cycle Dynamics with Heterogeneous Firms
Presented by: Andrei Zlate, Boston College
Discussant: Linda Tesar, University of Michigan
A Two-Sector International Real Business Cycles Model with Investment-Specific Technology Shocks
Presented by: Sharif Khan, Queen's University
Discussant: Juan Rubio-Ramirez,
Credit Market Imperfections and International Financial Integration in a Heterogeneous Agent Model
Presented by: Christiane Clemens, University of Hamburg
Discussant: Vincenzo Quadrini, USC

  

Session 36: new development in microeconometrics
Session Organizer: Xiaohong Chen, Yale University
Session Chair: Roger Klein, Rutgers University
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
Specification Test for Missing Functional Data
JEL codes: C12, C14, C15
Presented by: Federico Bugni, Duke University
Robust Data-Driven Inference for Density-Weighted Average Derivatives
Presented by: Matias Cattaneo, University of Michigan
Triangular Semiparametric Models Featuring Two Dependent Endogenous Binary Outcomes
Presented by: Roger Klein, Rutgers University
Approximation of conditional densities by smooth mixtures of regressions
Presented by: Andriy Norets, Princeton University
Specification Tests for Strong Identification
Presented by: Bertille Antoine, Simon Fraser University

  

Session 37: new development in time series
Session Organizer: Xiaohong Chen, Yale University
Session Chair: Jesus Gonzalo, U. Carlos III de Madrid
Session type: contributed
Date: January 3, 2010
Time: 1:00 - 1:00
TESTING FOR STRUCTURAL STABILITY IN THE WHOLE SAMPLE
JEL codes: C21, C23
Presented by: MYUNG HWAN SEO, London School of Economics
Detecting for Smooth Structural Changes in GARCH Models
Presented by: Bin Chen, University of Rochester
Modelling time-varying correlation with a parsimonious multivariate linear ARCH: QMLE
Presented by: Chor-Yiu Sin, Xiamen University
A Generalization of Integration and Co-Integration valid for Non-linear Processes: Solution Based on Summability
Presented by: Jesus Gonzalo, U. Carlos III de Madrid
A General Approach to Extract Stochastic Volatilities with an Empirical Analysis of Volatility Premium
Presented by: Hwagyun Kim, Texas A&M University

  

Session 38: Funding Liquidity Constraints
Session Organizer: Markus Brunnermeier, Princeton University
Session Chair: Ben Craig, Federal Reserve Bank of Cleveland
Session type: invited
Session JEL code: G1, G2
Date: January 3, 2010
Time: 1:00 - 1:00
Margin-Based Asset Pricing and Deviations from the Law of One Price
JEL codes: G12
Presented by: Lasse Pedersen, New York University
Discussant: Konstantin Milbradt, MIT
Gradual Arbitrage
Presented by: Martin Oehmke, Columbia University
Discussant: Bruce Carlin, UCLA
Financial Panics and Portfolio Investment of International Mutual Funds
[slides]
Presented by: Huanhuan Zheng, Nanyang Technological Univ.
Discussant: Itay Goldstein, University of Pennsylvania
Deposit Market Competition, Costs of Funding and Bank Risk
Presented by: Ben Craig, Federal Reserve Bank of Cleveland
Discussant: Viral Acharya, New York University / London Business Sc

  

Session 39: Auction and Mechanism Design
Session Organizer: Dirk P.H. Bergemann,
Session Chair: Andrew Postlewaite, university of pennsylvania
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Robust Mechanism Design
JEL codes: a
Presented by: Stephen Morris, Princeton University
Discussant: Moritz Meyer-ter-Vehn, UCLA
Auctions for Public Policy: Central-Bank Liquidity Provision, Airport Landing-Slot Allocation, and "Toxic Asset" Purchases
Presented by: PAUL KLEMPERER, University of Oxford
Discussant: Moritz Meyer-ter-Vehn, UCLA

  

Session 40: Optimally Managing Leverage
Session Organizer: John Geanakoplos, Yale University
Session Chair: John Geanakoplos, Yale University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Optimal Leverage
JEL codes: D
Presented by: Ana Fostel, George Washington University
Collateral Equilibrium
Presented by: William (Bill) Zame, University of California, Los Angeles
Credit-Supply Frictions
Presented by: Lasse Pedersen, New York University
Leverage
Presented by: Tobias Adrian, Federal Reserve Bank of New York
Endogenous Leverage
Presented by: Emmanuel Farhi, Harvard

  

Session 41: Topics in Optimization and Equilibrium
Session Organizer: John Geanakoplos, Yale University
Session Chair: John Geanakoplos, Yale University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Numerical Simulation of Nonoptimal Dynamic Equilibrium Models
JEL codes: C6, D5,E2.
Presented by: Zhigang Feng, University of Miami and University of Zurich
Ergodic Markov Equilibrium with Incomplete Markets and Short Sales
Presented by: Luis Braido, Getulio Vargas Foundation
Explaining the Size Distribution of Cities: X-treme Economies
Presented by: Hiroki Watanabe, Washington University in St. Louis

  

Session 42: Poverty, Social Policy, and Development
Session Organizer: Robert Townsend, Massachusetts Institute of Technology
Session Chair: Angus Deaton, PRINCETON UNIVERSITY
Session type: contributed
Session JEL code: O10
Date: January 3, 2010
Time: 1:00 - 1:00
A One-child Policy: A Macroeconomic Analysis
JEL codes: O11;O53
Presented by: Pei-Ju Liao, Institute of Economics, Academia Sinica
Discussant: Alice Schoonbroodt, University of Southampton
Political Violence and Social Networks: Experimental Evidence from a Nigerian Election
Presented by: Pedro Vicente, University of Oxford
Discussant: Frederico Finan, University of California, Los Angeles
The Impact of Providing Psycho-Social Support to Indigent Families and Increasing their Access to Social Services: Evaluating Chile Solidario
Presented by: Rita Ginja, University College London
Discussant: Sergio Urzua, Northwestern University
Estimation of Poverty Transition Matrices with Noisy Data
Presented by: Nayoung Lee, Chinese University of Hong Kong
Discussant: Angus Deaton, PRINCETON UNIVERSITY

  

Session 43: Macroeconomics and Development
Session Organizer: Robert Townsend, Massachusetts Institute of Technology
Session Chair: Hyeok Jeong, Vanderbilt University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
How Does Arithmetic Demystify Growth Success?
JEL codes: O11, O41, O53
Presented by: Shu-shiuan Lu, National Tsing Hua Univeresity
Discussant: Chang-Tai Hsieh, University of Chicago
Finance and Development: A Tale of Two Sectors
Presented by: Francisco Buera, University of California at Los Angeles
Discussant: Roberto Rigobon, Massachusetts Institute of Technology
Accounting for Plant-Level Misallocation
Presented by: Virgiliu Midrigan, New York University
Discussant: Jan De Loecker, Princeton University
Bank Ownership and Expansion of the Financial System in Thailand
Presented by: Robert Townsend, Massachusetts Institute of Technology
Discussant: Timothy Conley, University of Chicago

  

Session 44: The Economics of the Financial Crises
Session Organizer: Dirk P.H. Bergemann,
Session Chair: Gary Gorton, Yale School of Management
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Macroeconomics with a Financial Sector
JEL codes: a
Presented by: Markus Brunnermeier, Princeton University
Discussant: John Geanakoplos, Yale University
The Failure Mechanics of Dealer Banks
Presented by: Darrell Duffie, Stanford University

  

Session 45: Labor Markets, Search and Human Capital
Session Organizer: Dirk P.H. Bergemann,
Session Chair: Daron Acemoglu, Massachusetts Institute of Technology
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Labor Market Search: New Evidence and Unresolved Issues
JEL codes: a
Presented by: Steven Davis, UNIVERSITY OF CHICAGO
Discussant: Giuseppe Moscarini, Yale University
Human Capital in the Theory of Unemployment
Presented by: Robert Shimer, University of Chicago

  

Session 46: Social Norms and Reputation
Session Organizer: Dirk Bergemann, Yale University
Session Chair: Roland Benabou, Princeton University
Session type: invited
Date: January 3, 2010
Time: 1:00 - 1:00
Public Goods, Social Pressure, and the Choice Between Privacy and Publicity
JEL codes: a
Presented by: Jennifer Reinganum, Vanderbilt University
Transparency, Career Concerns, and Incentives for Acquiring Expertise
Presented by: Heski Bar-Isaac, NYU
Social Norms and Values
Presented by: Roland Benabou, Princeton University

  

Session 47: structural models in microeconometrics
Session Organizer: Han Hong, Stanford University
Session Chair: Zhengyuan Gao, University of Amsterdam and Tinbergen Institute
Session type: contributed
Session JEL code: C13C61C31
Date: January 4, 2010
Time: 10:00 - 12:00
Using Grid Distributions to Test for Affiliation in Models of First-Price Auctions with Private Values
JEL codes: C20, D44, L1
Presented by: Harry Paarsch, University of Melbourne
Semiparametrically efficient estimation of conditional instrumental variables parameters
Presented by: Maximilian Kasy, UC Berkeley
Imposing Monotonicity Nonparametrically in First-Price Auctions
[slides]
Presented by: Daniel Henderson, State Univeristy of New York at Binghamt
Semi-parametric Likelihood Inference for Worst Case Dynamic Discrete Games
Presented by: Zhengyuan Gao, University of Amsterdam and Tinbergen Institute
Endogeneity and Imperfect Instruments: Estimating Bounds for the Effect of Early Childbearing on High School Completion
Presented by: Tiemen Woutersen, JHU

  

Session 48: Policy Responses and their Impact in the 2008-2009 Economic Crisis
Session Organizer: Harald Uhlig, University of Chicago
Session Chair: Harald Uhlig, University of Chicago
Session type: invited
Session JEL code: E58,E62,G0
Date: January 4, 2010
Time: 10:15 - 12:15
When is the Government Spending Multiplier Large?
JEL codes: E58, E62, E65
Presented by: Lawrence Christiano, Northwestern University
Monetary-Fiscal Policy Interactions and Fiscal Stimulus
Presented by: Eric Leeper, INDIANA UNIVERSITY
New Keynesian versus Old Keynesian Government Spending Multipliers
Presented by: Volker Wieland, Goethe University of Frankfurt
Some Fiscal Calculus
Presented by: Harald Uhlig, University of Chicago

  

Session 49: Econometric Methods for Financial Data
Session Organizer: Han Hong, Stanford University
Session Chair: Dennis Philip, Durham University
Session type: contributed
Session JEL code: C13C22C51
Date: January 4, 2010
Time: 14:00 - 16:00
Asymmetric CAPM Dependence for Large Dimensions: The Canonical Vine Autoregressive Copula Model
JEL codes: C32, C35, G10
Presented by: andreas heinen, Universidad Carlos III
Discussant: Dennis Philip, Durham University
Is the Drift of the Interest Rate Process Linear? A New Approach and Evidence
Presented by: Yoon-Jin Lee, Indiana University
Discussant: Xin Huang, University of Oklahoma
Too Many Jumps
Presented by: Nour Meddahi, Toulouse School of Economics
Discussant: Alfonso Valdesogo Robles, Universite catholique de Louvain
Asset Allocation and Risk Assessment with Gross Exposure Constraints For Vast Portfolios
Presented by: Jianqing Fan, Princeton University
Discussant: Matthew Harding, Stanford University
Estimation of Factors for Term Structures with Dependence Clusters
Presented by: Dennis Philip, Durham University
Discussant: Brendan Beare, UCSD

  

Session 50: Macroeconomic models with financial frictions
Session Organizer: Harald Uhlig, University of Chicago
Session Chair: Marco Cozzi, Queen's University
Session type: contributed
Session JEL code: G1,G2,E2
Date: January 4, 2010
Time: 14:30 - 16:30
Common Factors in Small Open Economies: Inference and Consequences
JEL codes: C32, C63, F32,
Presented by: Pablo Guerron-Quintana, Federal Reserve Bank of Philadelphia
Do Credit Constraints Amplify Macroeconomic Fluctuations
Presented by: Zheng Liu, Federal Reserve Bank of San Francisco
Collateralized Debt and the Monetary Transmission Mechanism
Presented by: Federico Ravenna, University of California Santa Cruz
Optimal banking contracts and financial fragility
Presented by: Huberto Ennis, Universidad Carlos III de Madrid
The Non-neutrality of Severance Payments with Incomplete Markets
Presented by: Marco Cozzi, Queen's University

This program was last updated on 2011-02-09 14:44:5 EDT