EEA-ESEM Lisbon 2017 Lisbon, Portugal www.eea-esem-congresses.org ----------------------------------------------------------------------------------------------------------------------------------------- Conference Summary ---------------------------------------------------------------------------------- August 21, 2017 ---------------------------------------------------------------------------------- 10:00 to 18:00 Registration 12:30 to 14:00 EEA Pre-Congress Session 14:15 to 16:00 EEA Contributed Sessions 1 14:15 to 16:00 ES Contributed Sessions 1 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 2 16:30 to 17:45 ES Contributed Sessions 2 18:00 to 19:15 EEA Schumpeter Lecture 19:30 to 21:00 Welcome Reception ---------------------------------------------------------------------------------- August 22, 2017 ---------------------------------------------------------------------------------- 09:00 to 17:45 Poster Session 1 09:00 to 10:15 EEA Contributed Sessions 3 09:00 to 10:15 ES Contributed Sessions 3 10:15 to 10:45 Coffee Break 10:45 to 12:45 Invited Sessions 1 12:45 to 14:15 Lunch 13:00 to 14:00 EEA-ECB Session (organised by the European Central Bank) 13:00 to 14:00 Women in Economics Session 14:15 to 16:00 EEA Contributed Sessions 4 14:15 to 16:00 ES Contributed Sessions 4 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 5 16:30 to 17:45 ES Contributed Sessions 5 18:00 to 19:15 ES Presidential Address, Aula Magna 19:15 to 19:45 ES Members' Meeting, Aula Magna ---------------------------------------------------------------------------------- August 23, 2017 ---------------------------------------------------------------------------------- 09:00 to 17:45 Poster Sessions 2 09:00 to 10:15 ES Fischer-Schultz Lecture, Aula Magna 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Contributed Sessions 6 10:45 to 12:45 ES Contributed Sessions 6 12:45 to 14:15 Lunch 13:00 to 14:00 EEA Research Committee Session 14:15 to 16:00 EEA Contributed Sessions 7 14:15 to 16:00 ES Contributed Sessions 7 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 8 16:30 to 17:45 ES Contributed Sessions 8 18:00 to 19:15 EEA Presidential Address, Aula Magna 19:15 to 19:45 EEA Members' Meeting, Aula Magna ---------------------------------------------------------------------------------- August 24, 2017 ---------------------------------------------------------------------------------- 09:00 to 10:15 EEA Marshall Lecture 10:15 to 10:45 Coffee Break 10:45 to 12:45 Invited Sessions 2 12:45 to 14:15 Lunch 13:00 to 14:00 Session organised by Local Arrangements Committee 14:15 to 16:00 EEA Contributed Sessions 9 14:15 to 16:00 ES Contributed Sessions 9 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 10 16:30 to 17:45 ES Contributed Sessions 10 18:00 to 19:15 ES Laffont Lecture, Aula Magna ---------------------------------------------------------------------------------- August 25, 2017 ---------------------------------------------------------------------------------- 09:00 to 10:15 How to Survive in the Publishing Game: Strategies for Young Economists 09:00 to 10:15 Inside the Economics Classroom 09:00 to 10:30 Hotelling Lecture - Stochastic Choice, Part I 10:45 to 12:45 ERC Grant Proposal Writing Session 10:45 to 12:45 The Greek Crisis, Structural Reforms, and Eurozone Convergence 11:00 to 12:30 Hotelling Lecture - Stochastic Choice, Part II Program Notes and Index of Sessions EEA Pre-Congress Session from 12:30 to 14:00 Causes and Consequences of Populism, Aud. B1.03, ed. II EEA Contributed Sessions 1 from 14:15 to 16:00 Business Cycles and Labor Markets, AA3.29, Ala Autónoma Business Cycles: Impulses and Propagation I, AA2.23, Ala Autónoma Cities and Local Markets, C5.06, ed. II Development Economics: Gender and Family Issues, B2.01, ed. II Education and Gender, C5.05, ed. II Electricity Markets, 2E03, ed. I Empirical Asset Pricing, AA2.25, Ala Autónoma Fertility I, C3.02, ed. II Firms and Labor Markets, C5.08, ed. II Global Value Chains, C5.02, ed. II Household Finance, C6.10, ed. II Incentives and Productivity, C4.07, ed. II Inequality I, Auditório Caiano Pereira, ed. I Information and Finance, AA3.26, Ala Autónoma Media and Platforms, 2E04, ed. I Mergers and Succession of Political Institutions, C6.07, ed. II Monetary Policy in Open Economies, B2.02, ed. II Preferences and Decisions, 2E07, ed. I Pricing Under Imperfect Competition, 2E08, ed. I Program Evaluation I, C4.08, ed. II Regulating Banks and Shadow Banking, AA3.40, Ala Autónoma Systemic Risk, AA3.24, Ala Autónoma Wage Structure, C3.01, ed. II ES Contributed Sessions 1 from 14:15 to 16:00 Asset Pricing I, AA2.28, Ala Autónoma Auctions, C4.01, ed. II Causality and Cointegration, C2.01, ed. II Central Banking and Bank Lending, C4.05, ed. II Economics of Discrimination and Affirmative Action, C5.01, ed. II Environmental Policy, C6.08, ed. II Factor Models and State Space, AA2.26, Ala Autónoma Fiscal Policy and Redistribution, AA3.28, Ala Autónoma GMM and Financial Econometrics, AA3.25, Ala Autónoma Human Capital, Innovation and Growth, C4.06, ed. II Industrial Networks, AA2.24, Ala Autónoma Information and Market Efficiency, C4.02, ed. II Intelligence, Peer Effects and Consistency, C2.02, ed. II IO Theory, C6.01, ed. II Labor Markets, C6.02, ed. II Moral Hazard Problems with Subjective and Endogenous Performance Evaluation, AA3.23, Ala Autónoma Portfolio Allocation, C5.09, ed. II EEA Contributed Sessions 2 from 16:30 to 17:45 Asset Pricing and Policies, AA3.24, Ala Autónoma Banking Competition, AA3.40, Ala Autónoma Consumption and Saving, C4.07, ed. II Corporate Taxation, C5.05, ed. II Fertility II, C3.02, ed. II Financial Regulation: Theory, AA3.26, Ala Autónoma Financial Supervision and Crisis Resolution, AA2.25, Ala Autónoma Green Growth, AA2.23, Ala Autónoma Growth and Development I, C6.07, ed. II Macroeconomic Effects of Pension Reforms, C5.06, ed. II Macroeconomic Effects of Wage Rigidity, Auditório 0NE01, ed. I Monetary Policy and Heterogeneity, 2E04, ed. I Money and Liquidity, 2E08, ed. I News and Uncertainty in Macro, B2.01, ed. II Organization and Matching in International Trade, AA3.29, Ala Autónoma Resource Allocation Within Families I, C3.01, ed. II Social Mobility and Inequality I, C6.10, ed. II Social Preferences I, C5.08, ed. II Social Programs, B2.02, ed. II The Political Economy of Redistribution I, C4.08, ed. II Unconventional Monetary Policies I, Auditório Caiano Pereira, ed. I Wages and Unemployment, C5.02, ed. II ES Contributed Sessions 2 from 16:30 to 17:45 Advances in Quantile Regression and Simulation Methods, C2.01, ed. II Balance Sheets, C6.01, ed. II Belief Distortion, AA3.23, Ala Autónoma Choice Theory, AA3.28, Ala Autónoma Crime I, C6.02, ed. II Fiscal Policy in Open Economies, AA2.28, Ala Autónoma Historical Perspectives in Demography and Labour Economics, C2.02, ed. II Implications of Monetary Policy, Taxes and Financial Innovation, AA2.24, Ala Autónoma Information Provision and Acquisition, C6.08, ed. II Labour Markets and Search I, C4.02, ed. II Large Data Methods in Forecasting, C4.05, ed. II Political Economy and Institutions, AA2.26, Ala Autónoma School Choice Mechanisms, C4.01, ed. II State Space and Filtering, AA3.25, Ala Autónoma Voting and Information Aggregation, C5.01, ed. II EEA Schumpeter Lecture from 18:00 to 19:15 Productivity, Management and Innovation, Aula Magna Poster Session 1 from 09:00 to 17:45 Poster Session 1, Aula Magna EEA Contributed Sessions 3 from 09:00 to 10:15 Aspects of Financial Regulation, C5.08, ed. II Central Banking I, C4.08, ed. II Child-Bearing and Health, Auditório Caiano Pereira, ed. I Corporate Governance, C4.07, ed. II Factor Models, C5.05, ed. II Field Experiments, C6.07, ed. II Household Consumption Models, AA3.24, Ala Autónoma Inflation Expectations, B2.01, ed. II Migrants' Outcomes, C6.10, ed. II Monetary Policy and Financial Frictions I, B2.02, ed. II Nutrition, AA3.29, Ala Autónoma Retirement I, AA2.23, Ala Autónoma Risk Taking, C5.06, ed. II Taxation I, C3.02, ed. II Technology Adoption, C5.02, ed. II Termination of Labor Contracts, AA3.40, Ala Autónoma The Origins of Conflicts I, AA3.26, Ala Autónoma Unconventional Monetary Policies II, C3.01, ed. II Wages and Labor Markets, AA2.25, Ala Autónoma ES Contributed Sessions 3 from 09:00 to 10:15 Asset Pricing II, C2.01, ed. II Computational Economics: Theory and Application, AA3.25, Ala Autónoma Dynamics of Prices and Speculation, C4.01, ed. II Health, Wealth and Work, AA2.26, Ala Autónoma Heterogeneous Agents, AA2.24, Ala Autónoma Inference on the Dynamic Parameters in Panel Autoregressions, C4.02, ed. II Information Acquisition and Price Discovery, C6.02, ed. II Macroeconomics of Inequality, C6.01, ed. II Methodological Aspects on Household Models, C4.05, ed. II Optimal Fiscal Policy, C6.08, ed. II Panel Data and Factor Models, C2.02, ed. II Policy, Regulation and Banking, AA3.28, Ala Autónoma Volatily Models, AA2.28, Ala Autónoma Bargaining and Hold-Up, AA3.23, Ala Autónoma Invited Sessions 1 from 10:45 to 12:45 Advances in Econometrics, Aud. B1.04, ed. II Advances in Economic Theory, Aud. B2.03, ed. II Advances in Macroeconomics, Aud. J.J. Laginha, ed. I Behavioral Industrial Organisation and Consumer Protection, Aud. B1.03, ed. II Cities: Sorting, Inequality and Growth, Aud. B2.04, ed. II Financial Globalisation and International Financial Crises, Grande Auditório, ed. II The Economic Integration and Impact of Refugees: Lessons from Europe and the USA, Aud. 4, ed. I Lunch from 12:45 to 14:15 EEA-ECB Session (organised by the European Central Bank) from 13:00 to 14:00 Inequality and the Distributional Impact of Macroeconomic Policies (session orga..., Grande Auditório, ed. II Women in Economics Session from 13:00 to 14:00 Women in Economics: Career in Academia in the EU and in the US, Aud. B1.03, ed. II EEA Contributed Sessions 4 from 14:15 to 16:00 (Un)ethical Behavior I, AA3.40, Ala Autónoma Asset Pricing: Theory and Applications I, C5.06, ed. II Business Cycles: Impulses and Propagation II, AA3.29, Ala Autónoma Central Banking II, AA2.25, Ala Autónoma Cities and Growth, 2E08, ed. I Denomination and Political Risk in Sovereign Debt, 2E03, ed. I Development Economics: Crime and Conflict, C5.05, ed. II Economic Growth and Firm Dynamics, C4.08, ed. II Estimating Fiscal Multipliers, AA2.23, Ala Autónoma Firms Access to Credit and Management, C4.07, ed. II Firms in International Trade, 2E07, ed. I Functioning of Labor Markets at Different Ages, B2.01, ed. II Growth and Development II, C3.02, ed. II Impact of Education, B2.02, ed. II Information in Markets, Auditório 0NE01, ed. I International Financial Markets, C5.08, ed. II Monetary Policy Design I, C6.10, ed. II Public Goods, C5.02, ed. II Real-Estate Markets, C6.07, ed. II Regulation of Product Markets, AA3.24, Ala Autónoma Social Preferences II, AA3.26, Ala Autónoma The Political Economy of Voting and Electoral Competition, C3.01, ed. II Trade Response to Exchange Rate Changes, Auditório Caiano Pereira, ed. I ES Contributed Sessions 4 from 14:15 to 16:00 Adaptive Learning, C4.05, ed. II Bounds and Set Estimation, AA3.23, Ala Autónoma Communication and Information Transmission, C5.07, ed. II Contract Theory II, C6.02, ed. II Empirics of Decision Making, AA3.25, Ala Autónoma Fiscal Policy and Labor Markets, C4.02, ed. II Hypothesis Testing, C4.01, ed. II Income Distribution, Inequality and Poverty, C6.08, ed. II International Trade I, C2.01, ed. II Measurement Error, C5.01, ed. II Revealed Preference, C2.02, ed. II Risk Premium, Risk Shocks and Bank Lending, C5.09, ed. II Search and Matching, C4.06, ed. II Selection and Race in Voting and Public Services, AA2.24, Ala Autónoma Structural Transformation and Development, AA2.26, Ala Autónoma Systematic Risk and Corporate Finance, AA3.28, Ala Autónoma Wealth, Investment and Households, C6.01, ed. II Topics in Dynamic Modelling, AA2.28, Ala Autónoma EEA Contributed Sessions 5 from 16:30 to 17:45 Banks' Lending, C5.02, ed. II Business Cycles and Housing Markets, C4.08, ed. II Classroom Composition, Auditório 0NE01, ed. I Emissions Trading Schemes and Competitiveness, AA3.24, Ala Autónoma Field Experiments in Development, B2.02, ed. II Financial Regulation and Systemic Risk, C6.10, ed. II Government Interventions in Labor Markets, AA3.40, Ala Autónoma Human Capital and Economic Growth, C6.07, ed. II Labor Markets: Wage Inequality, C5.08, ed. II Low Growth and Low Inflation -There to Stay? Causes, Effect and Remedies (ECB Sp..., Auditório Caiano Pereira, ed. I Monetary Policy and Financial Frictions II, C4.07, ed. II Monetary Policy Design II, C5.06, ed. II Participation and Sorting in Education, AA3.26, Ala Autónoma Real Effort in Experiments, C5.05, ed. II The Determinants of International Migration, AA2.25, Ala Autónoma The Origins of Conflicts II, AA2.23, Ala Autónoma The Political Economy of Lobbying, C3.01, ed. II The Political Economy of Redistribution II, B2.01, ed. II Unemployment Benefits and Training , AA3.29, Ala Autónoma Welfare Economics, C3.02, ed. II ES Contributed Sessions 5 from 16:30 to 17:45 Combining Bayesian and Frequentist Time Series Methods, C6.01, ed. II Combining Forecasts, C2.02, ed. II Cooperative Games, AA3.28, Ala Autónoma Dynamic Adverse Selection Markets, AA3.23, Ala Autónoma Econometrics of Networks, AA2.24, Ala Autónoma Finance, Search and Development, C4.02, ed. II Foreign Exchange, C6.02, ed. II Health Care and Policy, C2.01, ed. II Institutions, Public Spending and Voting, AA2.26, Ala Autónoma Interest Rates, C4.01, ed. II Mechanism Design without Transfers, AA3.25, Ala Autónoma Semi/Nonparametric Identification, AA2.28, Ala Autónoma Treatment Effects, C6.08, ed. II Empirical Topics in Monetary Economics, C4.05, ed. II ES Presidential Address from 18:00 to 19:15 Learning-Theoretic Foundations of Equilibrium in Games Poster Sessions 2 from 09:00 to 17:45 Poster Session 2, Aula Magna ES Fischer-Schultz Lecture from 09:00 to 10:15 Small Area Variations in Medical Care: The Role of Physician Decision Making EEA Contributed Sessions 6 from 10:45 to 12:45 Ageing, AA3.24, Ala Autónoma Asset Pricing: Theory and Applications II, C3.02, ed. II Auctions and Procurement, C5.02, ed. II Behavioral and Cultural Aspects of Finance, C3.01, ed. II Behavioral Finance and Macroeconomics, B2.01, ed. II Business Cycles: Impulses and Propagation III, 2E07, ed. I Consequences of Conflicts, AA3.40, Ala Autónoma Consumer Behavior, C6.07, ed. II Consumer Inertia, AA3.26, Ala Autónoma Contracts and Organizations, C4.08, ed. II Determinants of FDI, 2E08, ed. I Economic Geography, B2.02, ed. II Economic History, AA3.29, Ala Autónoma Energy Markets and Energy Efficiency, C5.08, ed. II Financial Intermediaries and the Macroeconomy, 2E02, ed. I Firm and Industry Dynamics, C6.10, ed. II Gender Gap, AA2.25, Ala Autónoma Global and Local Financial Conditions, Auditório Caiano Pereira, ed. I Global Imbalances, 2E04, ed. I Information and Disclosure, 2E06, ed. I Liquidity, C5.06, ed. II Migration, AA2.23, Ala Autónoma Mortgages, 2E10, ed. I Optimal Fiscal Policy with Heterogeneous Agents, Auditório 0NE01, ed. I Search and Matching in Labor Markets, C4.07, ed. II The Effects of Monetary Policy, Auditório Mário Murteiro, ed. I The Political Economy of Fiscal and Monetary Policy, C5.05, ed. II The Transmission Mechanism of Fiscal Policy, 2E05, ed. I Trade Effects of Financial and Labor Markets, 2E03, ed. I ES Contributed Sessions 6 from 10:45 to 12:45 Beliefs in Macro Models, AA3.23, Ala Autónoma Benefits, Welfare and Labour Supply, C6.01, ed. II Decision Theory, AA2.26, Ala Autónoma Empirical Studies, AA3.28, Ala Autónoma Exchange Rate Dynamics, C4.01, ed. II Financial Models, AA2.24, Ala Autónoma Health Policy, AA3.25, Ala Autónoma Information and Coordination, C5.01, ed. II Labor Markets in Developing Countries, AA2.28, Ala Autónoma Long Range Dependence and Trends, C2.01, ed. II Macroeconomic Dynamics, C4.05, ed. II Macroeconomics of Consumption, C6.02, ed. II Risk and Sovereign Debt Crisis, C5.09, ed. II Time Varying Parameter Models , C2.02, ed. II Topics in Empirical Finance, C4.02, ed. II Topics in Information and Mechanism Design, C4.06, ed. II Topics in IO: Theory and Evidence, C5.07, ed. II Academic Achievement, C6.08, ed. II EEA Research Committee Session from 13:00 to 14:00 New Administrative Data and New Research Designs in Economics, Aud. B1.03, ed. II EEA Contributed Sessions 7 from 14:15 to 16:00 (Un)ethical Behavior II, C6.07, ed. II Banks' Funding, AA3.24, Ala Autónoma Bayesian Applied Time Series, 2E07, ed. I Child-Bearing and Labor Outcomes, C5.05, ed. II Debt and Fiscal Policy in Europe and the US, AA2.23, Ala Autónoma Development Economics: Credit and Insurance, 2E04, ed. I Development Economics: Political Economy, 2E08, ed. I Development Macroeconomics, 2E03, ed. I Early-Life Investment in Human Capital, C3.02, ed. II Economic Growth and Technical Change, AA2.25, Ala Autónoma FDI Spillovers, C5.06, ed. II Financial Markets, AA3.40, Ala Autónoma Gains from Trade, C4.08, ed. II Healthcare Markets, C6.10, ed. II Individual Choice I, Auditório 0NE01, ed. I Inequality II, C3.01, ed. II Inflation Dynamics, AA3.29, Ala Autónoma Information, B2.02, ed. II Information and Portfolio Choice in Sovereign Debt, C4.07, ed. II Labor Supply, B2.01, ed. II Law and Economics, 2E02, ed. I Monetary Policy Design III, Auditório Caiano Pereira, ed. I Productivity I, C5.02, ed. II Real Effects of Financial Frictions, AA3.26, Ala Autónoma Teachers and Education Outcomes, C5.08, ed. II ES Contributed Sessions 7 from 14:15 to 16:00 Behavioral Macroeconomics, AA3.28, Ala Autónoma Consumption and Wellbeing Over the Lifecycle, AA2.28, Ala Autónoma Disclosure Policies and Incentives, AA2.24, Ala Autónoma DSGE and Structural Models, C4.02, ed. II Econometric Theory, C6.02, ed. II Heterogeneity and Competition, C5.09, ed. II Housing and the Macroeconomy, C6.01, ed. II Institutions and Economic Growth, AA3.23, Ala Autónoma International Trade II, C2.02, ed. II Labour Markets and Search III, C2.01, ed. II Monetary Policy, AA3.25, Ala Autónoma Optimal Taxation, C4.06, ed. II Persuasion I, C5.01, ed. II Productivity II, C6.08, ed. II Resource Allocation and Growth in Developing Countries, AA2.26, Ala Autónoma Semi/Nonparametric Methods I, C4.01, ed. II Stability in Network Formation and Matching, C5.07, ed. II Structural Change, C4.05, ed. II EEA Contributed Sessions 8 from 16:30 to 17:45 Behavioral Political Economy, C5.02, ed. II Credit Markets in Developing Countries, C6.07, ed. II Crime II, C3.02, ed. II Early Tracking and Education Outcomes, C3.01, ed. II Empirical Finance, Investment and Employment, AA2.23, Ala Autónoma Financial Econometrics, AA3.24, Ala Autónoma Fraud and Rigging in Financial Markets, AA3.29, Ala Autónoma Individual Choice II, AA3.40, Ala Autónoma Insurance Markets, AA2.25, Ala Autónoma Intended and Unintended Consequences of Unconventional Monetary Policy and Negat..., C5.08, ed. II Labor Contracts, B2.01, ed. II Labor Market Reforms in Europe, C6.10, ed. II Persuasion II, AA3.26, Ala Autónoma The Political Economy of Immigration, C4.08, ed. II Unconventional Monetary Policies III, C4.07, ed. II Wealth Inequality and Taxation, Auditório Caiano Pereira, ed. I ES Contributed Sessions 8 from 16:30 to 17:45 Duration Analysis, AA2.24, Ala Autónoma Co-Movements and Copulas in Financial Markets, C6.01, ed. II Contract Theory II, C2.01, ed. II Financial Risk and Crises, C4.05, ed. II Forecasting and Program Evaluation, C6.08, ed. II Inference in Forecasting, C4.02, ed. II Mark-ups, Quality and Productivity, AA3.23, Ala Autónoma Marriage, Divorce and Childcare, C2.02, ed. II Public Debt, C4.01, ed. II RCTs in Health, Education and Aid in South Asia, AA3.28, Ala Autónoma Retirement II, AA2.28, Ala Autónoma Structural Dynamic Analyses in Industrial Organization, AA2.26, Ala Autónoma Semi/Nonparametric Methods II, AA3.25, Ala Autónoma Topics in International Economics, C6.02, ed. II Unemployment Insurance, C5.01, ed. II EEA Presidential Address from 18:00 to 19:15 Rethinking Growth, Aula Magna EEA Members' Meeting from 19:15 to 19:45 EEA Marshall Lecture from 09:00 to 10:15 Moral Hazard in Health Insurance: What Do We Know and How Do We Know It?, Aula Magna Invited Sessions 2 from 10:45 to 12:45 Advances in Economic History, Aud. B1.04, ed. II Advances in Organizational Industrial Organization, Aud. B1.03, ed. II Bounded Rationality, Aud. B2.03, ed. II Climate Change and Asset Pricing, Aud. B2.04, ed. II How Can Economic Policy Raise Inflation?, Grande Auditório, ed. II The Measurement of Preferences, Aud. J.J. Laginha, ed. I Topics in Empirical International Trade, Aud. 4, ed. I EEA Contributed Sessions 9 from 14:15 to 16:00 Banks' Capital Regulation, B2.02, ed. II Beliefs and Behavior, C4.07, ed. II Climate Change, AA2.25, Ala Autónoma Determinants of Education Outcomes, B2.01, ed. II Economic Growth and the Macroeconomy, 2E04, ed. I Exchange Rate Policy Design, 2E08, ed. I Finance and Industrial Organization, AA2.23, Ala Autónoma Firm Behavior: Empirics, AA3.29, Ala Autónoma Growth and Development III, AA3.24, Ala Autónoma Health Policies, C6.10, ed. II Individual Choice III, C5.02, ed. II Information and Learning, C6.07, ed. II Macroeconomics, Finance and Monetary Policy, Auditório 0NE01, ed. I Matching Markets, C4.08, ed. II Monetary Policy in the Presence of Information and Credit Frictions, Auditório Caiano Pereira, ed. I Optimal Trade Policy, 2E07, ed. I Pensions, C5.05, ed. II Persuasion and Information Aggregation, C5.08, ed. II Search and Transitions Between Firms, C3.02, ed. II Taxation II, C3.01, ed. II The Political Economy of Inequality, AA3.40, Ala Autónoma The Political Economy of Institutions, AA3.26, Ala Autónoma Trust and Public Goods, 2E02, ed. I Unconventional Monetary Policies IV, C5.06, ed. II ES Contributed Sessions 9 from 14:15 to 16:00 Auctions: Theory and Estimation, AA3.25, Ala Autónoma Contests, AA2.28, Ala Autónoma Econometrics of Financial High Frequency Data , C4.01, ed. II Economic Studies in Brazil, AA2.24, Ala Autónoma Education and Families, C6.08, ed. II Financial Regulation, C2.01, ed. II Innovation, C4.06, ed. II Intergenerational Mobility, C6.02, ed. II Job Search, C2.02, ed. II Monetary Policy and Asset Prices, C4.05, ed. II Morality and Economics: Evolutionary Foundations and Policy Implications, AA3.28, Ala Autónoma New Developments in Econometrics, C4.02, ed. II Obviously Strategy-Proofness, AA3.23, Ala Autónoma New Developments in Time Series, C5.09, ed. II Open Economy Macroeconomics, AA2.26, Ala Autónoma Repeated Games and Equilibrium Concepts, C5.07, ed. II Selling Mechanisms, C5.01, ed. II Uncertainty in Macro, C6.01, ed. II Coffee Break from 16:00 to 16:30 EEA Contributed Sessions 10 from 16:30 to 17:45 Dynamic Models of Political Economy , C6.07, ed. II Economic Psychology, AA3.40, Ala Autónoma Education and Economic Circumstances, C5.05, ed. II Game Theory, AA3.26, Ala Autónoma Growth and Development IV, C4.08, ed. II Income and Wealth Inequality, Auditório Caiano Pereira, ed. I Instrumental Variable Identification, Auditório 0NE01, ed. I Investment and Investment Finance (European Investment Bank sponsored session), C5.08, ed. II Labor Supply in the Long Run, C5.06, ed. II Macroeconomic Effects of Structural Reforms, C4.07, ed. II Macroeconomics of Exchange Rates, AA3.29, Ala Autónoma Monetary Policy Regimes, AA2.25, Ala Autónoma Public Sector Employment, 2E04, ed. I Resource Allocation within Families II, C3.02, ed. II Risky Behaviors, C3.01, ed. II Social Mobility and Inequality II, C6.10, ed. II Tax Credits and Labor Supply, B2.01, ed. II The Design of Evaluations, B2.02, ed. II The Impact of Massive Immigration, C5.02, ed. II Unconventional Monetary Policies V, AA2.23, Ala Autónoma ES Contributed Sessions 10 from 16:30 to 17:45 Behavioral Macro & Systemic Risks, C4.01, ed. II Consumer Choice and Competition, C6.01, ed. II Contracting Models with Continuous Time, AA2.28, Ala Autónoma Econometrics of Panel Data, AA3.28, Ala Autónoma Empirics of School Choice, AA2.24, Ala Autónoma Incentives in Politics and Voting, AA3.23, Ala Autónoma Labour Markets and Search II, C6.02, ed. II Learning and Disagreement in Social Networks, C2.01, ed. II Lobbying and Public-Private Partnerships, C4.02, ed. II Program Evaluation II, AA3.25, Ala Autónoma Self-control and Changing Tastes, C4.05, ed. II Shock-coping Mechanisms in Developing Countries, C2.02, ed. II Taxes, C6.08, ed. II Wages, AA2.26, Ala Autónoma ES Laffont Lecture from 18:00 to 19:15 Financial Recessions Hotelling Lecture - Stochastic Choice, Part I from 09:00 to 10:30 Hotelling Lecture - Stochastic Choice, Part II from 11:00 to 12:30 Summary of All Sessions # Session Title, Date/Time Number of papers, type of session, Location ----------------------------------------------------------------------------------------------------------------------------------------- 1 Causes and Consequences of Populism August 21, 2017 12:30-14:00 location: Aud. B1.03, ed. II papers EEA
panel session 2 Business Cycles and Labor Markets August 21, 2017 14:15-16:00 location: AA3.29, Ala Autónoma 4 papers EEA
contributed session 3 Business Cycles: Impulses and Propagation I August 21, 2017 14:15-16:00 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 4 Cities and Local Markets August 21, 2017 14:15-16:00 location: C5.06, ed. II 3 papers EEA
contributed session 5 Development Economics: Gender and Family Issues August 21, 2017 14:15-16:00 location: B2.01, ed. II 4 papers EEA
contributed session 6 Education and Gender August 21, 2017 14:15-16:00 location: C5.05, ed. II 4 papers EEA
contributed session 7 Electricity Markets August 21, 2017 14:15-16:00 location: 2E03, ed. I 3 papers EEA
contributed session 8 Empirical Asset Pricing August 21, 2017 14:15-16:00 location: AA2.25, Ala Autónoma 4 papers EEA
contributed session 9 Fertility I August 21, 2017 14:15-16:00 location: C3.02, ed. II 4 papers EEA
contributed session 10 Firms and Labor Markets August 21, 2017 14:15-16:00 location: C5.08, ed. II 4 papers EEA
contributed session 11 Global Value Chains August 21, 2017 14:15-16:00 location: C5.02, ed. II 3 papers EEA
contributed session 12 Household Finance August 21, 2017 14:15-16:00 location: C6.10, ed. II 4 papers EEA
contributed session 13 Incentives and Productivity August 21, 2017 14:15-16:00 location: C4.07, ed. II 4 papers EEA
contributed session 14 Inequality I August 21, 2017 14:15-16:00 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 15 Information and Finance August 21, 2017 14:15-16:00 location: AA3.26, Ala Autónoma 4 papers EEA
contributed session 16 Media and Platforms August 21, 2017 14:15-16:00 location: 2E04, ed. I 4 papers EEA
contributed session 17 Mergers and Succession of Political Institutions August 21, 2017 14:15-16:00 location: C6.07, ed. II 4 papers EEA
contributed session 18 Monetary Policy in Open Economies August 21, 2017 14:15-16:00 location: B2.02, ed. II 4 papers EEA
contributed session 19 Preferences and Decisions August 21, 2017 14:15-16:00 location: 2E07, ed. I 2 papers EEA
contributed session 20 Pricing Under Imperfect Competition August 21, 2017 14:15-16:00 location: 2E08, ed. I 4 papers EEA
contributed session 21 Program Evaluation I August 21, 2017 14:15-16:00 location: C4.08, ed. II 4 papers EEA
contributed session 22 Regulating Banks and Shadow Banking August 21, 2017 14:15-16:00 location: AA3.40, Ala Autónoma 4 papers EEA
contributed session 23 Systemic Risk August 21, 2017 14:15-16:00 location: AA3.24, Ala Autónoma 4 papers EEA
contributed session 24 Wage Structure August 21, 2017 14:15-16:00 location: C3.01, ed. II 4 papers EEA
contributed session 25 Asset Pricing I August 21, 2017 14:15-16:00 location: AA2.28, Ala Autónoma 4 papers ES
contributed session 26 Auctions August 21, 2017 14:15-16:00 location: C4.01, ed. II 4 papers ES
contributed session 27 Causality and Cointegration August 21, 2017 14:15-16:00 location: C2.01, ed. II 4 papers ES
contributed session 28 Central Banking and Bank Lending August 21, 2017 14:15-16:00 location: C4.05, ed. II 4 papers ES
contributed session 29 Economics of Discrimination and Affirmative Action August 21, 2017 14:15-16:00 location: C5.01, ed. II 4 papers ES
contributed session 30 Environmental Policy August 21, 2017 14:15-16:00 location: C6.08, ed. II 4 papers ES
contributed session 31 Factor Models and State Space August 21, 2017 14:15-16:00 location: AA2.26, Ala Autónoma 4 papers ES
contributed session 32 Fiscal Policy and Redistribution August 21, 2017 14:15-16:00 location: AA3.28, Ala Autónoma 4 papers ES
contributed session 33 GMM and Financial Econometrics August 21, 2017 14:15-16:00 location: AA3.25, Ala Autónoma 4 papers ES
contributed session 34 Human Capital, Innovation and Growth August 21, 2017 14:15-16:00 location: C4.06, ed. II 4 papers ES
invited session 35 Industrial Networks August 21, 2017 14:15-16:00 location: AA2.24, Ala Autónoma 4 papers ES
contributed session 36 Information and Market Efficiency August 21, 2017 14:15-16:00 location: C4.02, ed. II 3 papers ES
contributed session 37 Intelligence, Peer Effects and Consistency August 21, 2017 14:15-16:00 location: C2.02, ed. II 4 papers ES
contributed session 38 IO Theory August 21, 2017 14:15-16:00 location: C6.01, ed. II 4 papers ES
invited session 39 Labor Markets August 21, 2017 14:15-16:00 location: C6.02, ed. II 4 papers ES
contributed session 40 Moral Hazard Problems with Subjective and Endogenous Performance Evaluation August 21, 2017 14:15-16:00 location: AA3.23, Ala Autónoma 4 papers ES
contributed session 41 Portfolio Allocation August 21, 2017 14:15-16:00 location: C5.09, ed. II 4 papers ES
contributed session 42 Asset Pricing and Policies August 21, 2017 16:30-17:45 location: AA3.24, Ala Autónoma 3 papers EEA
contributed session 43 Banking Competition August 21, 2017 16:30-17:45 location: AA3.40, Ala Autónoma 3 papers EEA
contributed session 44 Consumption and Saving August 21, 2017 16:30-17:45 location: C4.07, ed. II 3 papers EEA
contributed session 45 Corporate Taxation August 21, 2017 16:30-17:45 location: C5.05, ed. II 3 papers EEA
contributed session 46 Fertility II August 21, 2017 16:30-17:45 location: C3.02, ed. II 3 papers EEA
contributed session 47 Financial Regulation: Theory August 21, 2017 16:30-17:45 location: AA3.26, Ala Autónoma 3 papers EEA
contributed session 48 Financial Supervision and Crisis Resolution August 21, 2017 16:30-17:45 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 49 Green Growth August 21, 2017 16:30-17:45 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 50 Growth and Development I August 21, 2017 16:30-17:45 location: C6.07, ed. II 3 papers EEA
contributed session 51 Macroeconomic Effects of Pension Reforms August 21, 2017 16:30-17:45 location: C5.06, ed. II 3 papers EEA
contributed session 52 Macroeconomic Effects of Wage Rigidity August 21, 2017 16:30-17:45 location: Auditório 0NE01, ed. I 3 papers EEA
contributed session 53 Monetary Policy and Heterogeneity August 21, 2017 16:30-17:45 location: 2E04, ed. I 3 papers EEA
contributed session 54 Money and Liquidity August 21, 2017 16:30-17:45 location: 2E08, ed. I 3 papers EEA
contributed session 55 News and Uncertainty in Macro August 21, 2017 16:30-17:45 location: B2.01, ed. II 3 papers EEA
contributed session 56 Organization and Matching in International Trade August 21, 2017 16:30-17:45 location: AA3.29, Ala Autónoma 3 papers EEA
contributed session 57 Resource Allocation Within Families I August 21, 2017 16:30-17:45 location: C3.01, ed. II 3 papers EEA
contributed session 58 Social Mobility and Inequality I August 21, 2017 16:30-17:45 location: C6.10, ed. II 3 papers EEA
contributed session 59 Social Preferences I August 21, 2017 16:30-17:45 location: C5.08, ed. II 3 papers EEA
contributed session 60 Social Programs August 21, 2017 16:30-17:45 location: B2.02, ed. II 3 papers EEA
contributed session 61 The Political Economy of Redistribution I August 21, 2017 16:30-17:45 location: C4.08, ed. II 3 papers EEA
contributed session 62 Unconventional Monetary Policies I August 21, 2017 16:30-17:45 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 63 Wages and Unemployment August 21, 2017 16:30-17:45 location: C5.02, ed. II 3 papers EEA
contributed session 64 Advances in Quantile Regression and Simulation Methods August 21, 2017 16:30-17:45 location: C2.01, ed. II 3 papers ES
contributed session 65 Balance Sheets August 21, 2017 16:30-17:45 location: C6.01, ed. II 3 papers ES
contributed session 66 Belief Distortion August 21, 2017 16:30-17:45 location: AA3.23, Ala Autónoma 3 papers ES
contributed session 67 Choice Theory August 21, 2017 16:30-17:45 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 68 Crime I August 21, 2017 16:30-17:45 location: C6.02, ed. II 3 papers ES
contributed session 69 Fiscal Policy in Open Economies August 21, 2017 16:30-17:45 location: AA2.28, Ala Autónoma 3 papers ES
contributed session 70 Historical Perspectives in Demography and Labour Economics August 21, 2017 16:30-17:45 location: C2.02, ed. II 3 papers ES
contributed session 71 Implications of Monetary Policy, Taxes and Financial Innovation August 21, 2017 16:30-17:45 location: AA2.24, Ala Autónoma 3 papers ES
contributed session 72 Information Provision and Acquisition August 21, 2017 16:30-17:45 location: C6.08, ed. II 2 papers ES
contributed session 73 Labour Markets and Search I August 21, 2017 16:30-17:45 location: C4.02, ed. II 3 papers ES
contributed session 74 Large Data Methods in Forecasting August 21, 2017 16:30-17:45 location: C4.05, ed. II 3 papers ES
contributed session 75 Political Economy and Institutions August 21, 2017 16:30-17:45 location: AA2.26, Ala Autónoma 3 papers ES
contributed session 76 School Choice Mechanisms August 21, 2017 16:30-17:45 location: C4.01, ed. II 3 papers ES
contributed session 77 State Space and Filtering August 21, 2017 16:30-17:45 location: AA3.25, Ala Autónoma 3 papers ES
contributed session 78 Voting and Information Aggregation August 21, 2017 16:30-17:45 location: C5.01, ed. II 4 papers ES
contributed session 79 Productivity, Management and Innovation August 21, 2017 18:00-19:15 location: Aula Magna 1 papers EEA
invited session 80 Poster Session 1 August 22, 2017 9:00-17:45 location: Aula Magna 6 papers EEA
contributed session 81 Aspects of Financial Regulation August 22, 2017 9:00-10:15 location: C5.08, ed. II 3 papers EEA
contributed session 82 Central Banking I August 22, 2017 9:00-10:15 location: C4.08, ed. II 3 papers EEA
contributed session 83 Child-Bearing and Health August 22, 2017 9:00-10:15 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 84 Corporate Governance August 22, 2017 9:00-10:15 location: C4.07, ed. II 3 papers EEA
contributed session 85 Factor Models August 22, 2017 9:00-10:15 location: C5.05, ed. II 3 papers EEA
contributed session 86 Field Experiments August 22, 2017 9:00-10:15 location: C6.07, ed. II 3 papers EEA
contributed session 87 Household Consumption Models August 22, 2017 9:00-10:15 location: AA3.24, Ala Autónoma 3 papers EEA
contributed session 88 Inflation Expectations August 22, 2017 9:00-10:15 location: B2.01, ed. II 3 papers EEA
contributed session 89 Migrants' Outcomes August 22, 2017 9:00-10:15 location: C6.10, ed. II 3 papers EEA
contributed session 90 Monetary Policy and Financial Frictions I August 22, 2017 9:00-10:15 location: B2.02, ed. II 3 papers EEA
contributed session 91 Nutrition August 22, 2017 9:00-10:15 location: AA3.29, Ala Autónoma 3 papers EEA
contributed session 92 Retirement I August 22, 2017 9:00-10:15 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 93 Risk Taking August 22, 2017 9:00-10:15 location: C5.06, ed. II 2 papers EEA
contributed session 94 Taxation I August 22, 2017 9:00-10:15 location: C3.02, ed. II 3 papers EEA
contributed session 95 Technology Adoption August 22, 2017 9:00-10:15 location: C5.02, ed. II 2 papers EEA
contributed session 96 Termination of Labor Contracts August 22, 2017 9:00-10:15 location: AA3.40, Ala Autónoma 3 papers EEA
contributed session 97 The Origins of Conflicts I August 22, 2017 9:00-10:15 location: AA3.26, Ala Autónoma 3 papers EEA
contributed session 98 Unconventional Monetary Policies II August 22, 2017 9:00-10:15 location: C3.01, ed. II 3 papers EEA
contributed session 99 Wages and Labor Markets August 22, 2017 9:00-10:15 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 100 Asset Pricing II August 22, 2017 9:00-10:15 location: C2.01, ed. II 3 papers ES
contributed session 101 Computational Economics: Theory and Application August 22, 2017 9:00-10:15 location: AA3.25, Ala Autónoma 3 papers ES
contributed session 102 Dynamics of Prices and Speculation August 22, 2017 9:00-10:15 location: C4.01, ed. II 3 papers contributed session 103 Health, Wealth and Work August 22, 2017 9:00-10:15 location: AA2.26, Ala Autónoma 3 papers ES
contributed session 104 Heterogeneous Agents August 22, 2017 9:00-10:15 location: AA2.24, Ala Autónoma 3 papers ES
contributed session 105 Inference on the Dynamic Parameters in Panel Autoregressions August 22, 2017 9:00-10:15 location: C4.02, ed. II 3 papers ES
contributed session 106 Information Acquisition and Price Discovery August 22, 2017 9:00-10:15 location: C6.02, ed. II 3 papers ES
contributed session 107 Macroeconomics of Inequality August 22, 2017 9:00-10:15 location: C6.01, ed. II 2 papers ES
contributed session 108 Methodological Aspects on Household Models August 22, 2017 9:00-10:15 location: C4.05, ed. II 3 papers ES
contributed session 109 Optimal Fiscal Policy August 22, 2017 9:00-10:15 location: C6.08, ed. II 3 papers ES
contributed session 110 Panel Data and Factor Models August 22, 2017 9:00-10:15 location: C2.02, ed. II 3 papers ES
contributed session 111 Policy, Regulation and Banking August 22, 2017 9:00-10:15 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 112 Volatily Models August 22, 2017 9:00-10:15 location: AA2.28, Ala Autónoma 2 papers ES
contributed session 113 Bargaining and Hold-Up August 22, 2017 9:00-10:15 location: AA3.23, Ala Autónoma 3 papers ES
contributed session 114 Advances in Econometrics August 22, 2017 10:45-12:45 location: Aud. B1.04, ed. II 0 papers ES
invited session 115 Advances in Economic Theory August 22, 2017 10:45-12:45 location: Aud. B2.03, ed. II 0 papers ES
invited session 116 Advances in Macroeconomics August 22, 2017 10:45-12:45 location: Aud. J.J. Laginha, ed. I 0 papers ES
invited session 117 Behavioral Industrial Organisation and Consumer Protection August 22, 2017 10:45-12:45 location: Aud. B1.03, ed. II 3 papers EEA
invited session 118 Cities: Sorting, Inequality and Growth August 22, 2017 10:45-12:45 location: Aud. B2.04, ed. II 3 papers EEA
invited session 119 Financial Globalisation and International Financial Crises August 22, 2017 10:45-12:45 location: Grande Auditório, ed. II 4 papers EEA
invited session 120 The Economic Integration and Impact of Refugees: Lessons from Europe and the USA August 22, 2017 10:45-12:45 location: Aud. 4, ed. I 3 papers EEA
invited session 121 Inequality and the Distributional Impact of Macroeconomic Policies (session organised by ECB) August 22, 2017 13:00-14:00 location: Grande Auditório, ed. II 0 papers EEA
panel session 122 Women in Economics: Career in Academia in the EU and in the US August 22, 2017 13:00-14:00 location: Aud. B1.03, ed. II 0 papers EEA
panel session 123 (Un)ethical Behavior I August 22, 2017 14:15-16:00 location: AA3.40, Ala Autónoma 4 papers EEA
contributed session 124 Asset Pricing: Theory and Applications I August 22, 2017 14:15-16:00 location: C5.06, ed. II 4 papers EEA
contributed session 125 Business Cycles: Impulses and Propagation II August 22, 2017 14:15-16:00 location: AA3.29, Ala Autónoma 4 papers EEA
contributed session 126 Central Banking II August 22, 2017 14:15-16:00 location: AA2.25, Ala Autónoma 4 papers EEA
contributed session 127 Cities and Growth August 22, 2017 14:15-16:00 location: 2E08, ed. I 4 papers EEA
contributed session 128 Denomination and Political Risk in Sovereign Debt August 22, 2017 14:15-16:00 location: 2E03, ed. I 4 papers EEA
contributed session 129 Development Economics: Crime and Conflict August 22, 2017 14:15-16:00 location: C5.05, ed. II 4 papers EEA
contributed session 130 Economic Growth and Firm Dynamics August 22, 2017 14:15-16:00 location: C4.08, ed. II 4 papers EEA
contributed session 131 Estimating Fiscal Multipliers August 22, 2017 14:15-16:00 location: AA2.23, Ala Autónoma 4 papers EEA
contributed session 132 Firms Access to Credit and Management August 22, 2017 14:15-16:00 location: C4.07, ed. II 3 papers EEA
contributed session 133 Firms in International Trade August 22, 2017 14:15-16:00 location: 2E07, ed. I 4 papers EEA
contributed session 134 Functioning of Labor Markets at Different Ages August 22, 2017 14:15-16:00 location: B2.01, ed. II 4 papers EEA
contributed session 135 Growth and Development II August 22, 2017 14:15-16:00 location: C3.02, ed. II 4 papers EEA
contributed session 136 Impact of Education August 22, 2017 14:15-16:00 location: B2.02, ed. II 4 papers EEA
contributed session 137 Information in Markets August 22, 2017 14:15-16:00 location: Auditório 0NE01, ed. I 4 papers EEA
contributed session 138 International Financial Markets August 22, 2017 14:15-16:00 location: C5.08, ed. II 4 papers EEA
contributed session 139 Monetary Policy Design I August 22, 2017 14:15-16:00 location: C6.10, ed. II 3 papers EEA
contributed session 140 Public Goods August 22, 2017 14:15-16:00 location: C5.02, ed. II 4 papers EEA
contributed session 141 Real-Estate Markets August 22, 2017 14:15-16:00 location: C6.07, ed. II 4 papers EEA
contributed session 142 Regulation of Product Markets August 22, 2017 14:15-16:00 location: AA3.24, Ala Autónoma 4 papers EEA
contributed session 143 Social Preferences II August 22, 2017 14:15-16:00 location: AA3.26, Ala Autónoma 4 papers EEA
contributed session 144 The Political Economy of Voting and Electoral Competition August 22, 2017 14:15-16:00 location: C3.01, ed. II 4 papers EEA
contributed session 145 Trade Response to Exchange Rate Changes August 22, 2017 14:15-16:00 location: Auditório Caiano Pereira, ed. I 4 papers EEA
contributed session 146 Adaptive Learning August 22, 2017 14:15-16:00 location: C4.05, ed. II 4 papers ES
contributed session 147 Bounds and Set Estimation August 22, 2017 14:15-16:00 location: AA3.23, Ala Autónoma 4 papers ES
contributed session 148 Communication and Information Transmission August 22, 2017 14:15-16:00 location: C5.07, ed. II 3 papers ES
contributed session 149 Contract Theory II August 22, 2017 14:15-16:00 location: C6.02, ed. II 4 papers ES
contributed session 150 Empirics of Decision Making August 22, 2017 14:15-16:00 location: AA3.25, Ala Autónoma 4 papers ES
contributed session 151 Fiscal Policy and Labor Markets August 22, 2017 14:15-16:00 location: C4.02, ed. II 4 papers ES
contributed session 152 Hypothesis Testing August 22, 2017 14:15-16:00 location: C4.01, ed. II 4 papers ES
contributed session 153 Income Distribution, Inequality and Poverty August 22, 2017 14:15-16:00 location: C6.08, ed. II 4 papers ES
contributed session 154 International Trade I August 22, 2017 14:15-16:00 location: C2.01, ed. II 4 papers ES
contributed session 155 Measurement Error August 22, 2017 14:15-16:00 location: C5.01, ed. II 4 papers ES
contributed session 156 Revealed Preference August 22, 2017 14:15-16:00 location: C2.02, ed. II 3 papers ES
contributed session 157 Risk Premium, Risk Shocks and Bank Lending August 22, 2017 14:15-16:00 location: C5.09, ed. II 4 papers ES
contributed session 158 Search and Matching August 22, 2017 14:15-16:00 location: C4.06, ed. II 4 papers ES
contributed session 159 Selection and Race in Voting and Public Services August 22, 2017 14:15-16:00 location: AA2.24, Ala Autónoma 4 papers ES
contributed session 160 Structural Transformation and Development August 22, 2017 14:15-16:00 location: AA2.26, Ala Autónoma 4 papers ES
invited session 161 Systematic Risk and Corporate Finance August 22, 2017 14:15-16:00 location: AA3.28, Ala Autónoma 4 papers ES
contributed session 162 Wealth, Investment and Households August 22, 2017 14:15-16:00 location: C6.01, ed. II 4 papers ES
contributed session 163 Topics in Dynamic Modelling August 22, 2017 14:15-16:00 location: AA2.28, Ala Autónoma 4 papers ES
contributed session 164 Banks' Lending August 22, 2017 16:30-17:45 location: C5.02, ed. II 3 papers EEA
contributed session 165 Business Cycles and Housing Markets August 22, 2017 16:30-17:45 location: C4.08, ed. II 2 papers EEA
contributed session 166 Classroom Composition August 22, 2017 16:30-17:45 location: Auditório 0NE01, ed. I 3 papers EEA
contributed session 167 Emissions Trading Schemes and Competitiveness August 22, 2017 16:30-17:45 location: AA3.24, Ala Autónoma 3 papers EEA
contributed session 168 Field Experiments in Development August 22, 2017 16:30-17:45 location: B2.02, ed. II 3 papers EEA
contributed session 169 Financial Regulation and Systemic Risk August 22, 2017 16:30-17:45 location: C6.10, ed. II 3 papers EEA
contributed session 170 Government Interventions in Labor Markets August 22, 2017 16:30-17:45 location: AA3.40, Ala Autónoma 2 papers EEA
contributed session 171 Human Capital and Economic Growth August 22, 2017 16:30-17:45 location: C6.07, ed. II 3 papers EEA
contributed session 172 Labor Markets: Wage Inequality August 22, 2017 16:30-17:45 location: C5.08, ed. II 3 papers EEA
contributed session 173 Low Growth and Low Inflation -There to Stay? Causes, Effect and Remedies (ECB Sponsored Session) August 22, 2017 16:30-17:45 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 174 Monetary Policy and Financial Frictions II August 22, 2017 16:30-17:45 location: C4.07, ed. II 3 papers EEA
contributed session 175 Monetary Policy Design II August 22, 2017 16:30-17:45 location: C5.06, ed. II 3 papers EEA
contributed session 176 Participation and Sorting in Education August 22, 2017 16:30-17:45 location: AA3.26, Ala Autónoma 3 papers EEA
contributed session 177 Real Effort in Experiments August 22, 2017 16:30-17:45 location: C5.05, ed. II 3 papers EEA
contributed session 178 The Determinants of International Migration August 22, 2017 16:30-17:45 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 179 The Origins of Conflicts II August 22, 2017 16:30-17:45 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 180 The Political Economy of Lobbying August 22, 2017 16:30-17:45 location: C3.01, ed. II 3 papers EEA
contributed session 181 The Political Economy of Redistribution II August 22, 2017 16:30-17:45 location: B2.01, ed. II 3 papers EEA
contributed session 182 Unemployment Benefits and Training August 22, 2017 16:30-17:45 location: AA3.29, Ala Autónoma 3 papers EEA
contributed session 183 Welfare Economics August 22, 2017 16:30-17:45 location: C3.02, ed. II 3 papers EEA
contributed session 184 Combining Bayesian and Frequentist Time Series Methods August 22, 2017 16:30-17:45 location: C6.01, ed. II 3 papers ES
contributed session 185 Combining Forecasts August 22, 2017 16:30-17:45 location: C2.02, ed. II 3 papers ES
contributed session 186 Cooperative Games August 22, 2017 16:30-17:45 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 187 Dynamic Adverse Selection Markets August 22, 2017 16:30-17:45 location: AA3.23, Ala Autónoma 3 papers ES
contributed session 188 Econometrics of Networks August 22, 2017 16:30-17:45 location: AA2.24, Ala Autónoma 3 papers ES
contributed session 189 Finance, Search and Development August 22, 2017 16:30-17:45 location: C4.02, ed. II 3 papers ES
contributed session 190 Foreign Exchange August 22, 2017 16:30-17:45 location: C6.02, ed. II 3 papers ES
contributed session 191 Health Care and Policy August 22, 2017 16:30-17:45 location: C2.01, ed. II 3 papers ES
contributed session 192 Institutions, Public Spending and Voting August 22, 2017 16:30-17:45 location: AA2.26, Ala Autónoma 3 papers ES
contributed session 193 Interest Rates August 22, 2017 16:30-17:45 location: C4.01, ed. II 3 papers ES
contributed session 194 Mechanism Design without Transfers August 22, 2017 16:30-17:45 location: AA3.25, Ala Autónoma 3 papers ES
contributed session 195 Semi/Nonparametric Identification August 22, 2017 16:30-17:45 location: AA2.28, Ala Autónoma 3 papers ES
contributed session 196 Treatment Effects August 22, 2017 16:30-17:45 location: C6.08, ed. II 3 papers ES
contributed session 197 Empirical Topics in Monetary Economics August 22, 2017 16:30-17:45 location: C4.05, ed. II 2 papers ES
contributed session 198 Learning-Theoretic Foundations of Equilibrium in Games August 22, 2017 18:00-19:15 location: N/A 0 papers ES
invited session 199 Poster Session 2 August 23, 2017 9:00-17:45 location: Aula Magna 7 papers EEA
contributed session 200 Small Area Variations in Medical Care: The Role of Physician Decision Making August 23, 2017 9:00-10:15 location: N/A 0 papers ES
invited session 201 Ageing August 23, 2017 10:45-12:45 location: AA3.24, Ala Autónoma 5 papers EEA
contributed session 202 Asset Pricing: Theory and Applications II August 23, 2017 10:45-12:45 location: C3.02, ed. II 5 papers EEA
contributed session 203 Auctions and Procurement August 23, 2017 10:45-12:45 location: C5.02, ed. II 4 papers EEA
contributed session 204 Behavioral and Cultural Aspects of Finance August 23, 2017 10:45-12:45 location: C3.01, ed. II 5 papers EEA
contributed session 205 Behavioral Finance and Macroeconomics August 23, 2017 10:45-12:45 location: B2.01, ed. II 5 papers EEA
contributed session 206 Business Cycles: Impulses and Propagation III August 23, 2017 10:45-12:45 location: 2E07, ed. I 5 papers EEA
contributed session 207 Consequences of Conflicts August 23, 2017 10:45-12:45 location: AA3.40, Ala Autónoma 5 papers EEA
contributed session 208 Consumer Behavior August 23, 2017 10:45-12:45 location: C6.07, ed. II 5 papers EEA
contributed session 209 Consumer Inertia August 23, 2017 10:45-12:45 location: AA3.26, Ala Autónoma 4 papers EEA
contributed session 210 Contracts and Organizations August 23, 2017 10:45-12:45 location: C4.08, ed. II 5 papers EEA
contributed session 211 Determinants of FDI August 23, 2017 10:45-12:45 location: 2E08, ed. I 5 papers EEA
contributed session 212 Economic Geography August 23, 2017 10:45-12:45 location: B2.02, ed. II 5 papers EEA
contributed session 213 Economic History August 23, 2017 10:45-12:45 location: AA3.29, Ala Autónoma 5 papers EEA
contributed session 214 Energy Markets and Energy Efficiency August 23, 2017 10:45-12:45 location: C5.08, ed. II 5 papers EEA
contributed session 215 Financial Intermediaries and the Macroeconomy August 23, 2017 10:45-12:45 location: 2E02, ed. I 5 papers EEA
contributed session 216 Firm and Industry Dynamics August 23, 2017 10:45-12:45 location: C6.10, ed. II 5 papers EEA
contributed session 217 Gender Gap August 23, 2017 10:45-12:45 location: AA2.25, Ala Autónoma 5 papers EEA
contributed session 218 Global and Local Financial Conditions August 23, 2017 10:45-12:45 location: Auditório Caiano Pereira, ed. I 5 papers EEA
contributed session 219 Global Imbalances August 23, 2017 10:45-12:45 location: 2E04, ed. I 5 papers EEA
contributed session 220 Information and Disclosure August 23, 2017 10:45-12:45 location: 2E06, ed. I 5 papers EEA
contributed session 221 Liquidity August 23, 2017 10:45-12:45 location: C5.06, ed. II 5 papers EEA
contributed session 222 Migration August 23, 2017 10:45-12:45 location: AA2.23, Ala Autónoma 5 papers EEA
contributed session 223 Mortgages August 23, 2017 10:45-12:45 location: 2E10, ed. I 5 papers EEA
contributed session 224 Optimal Fiscal Policy with Heterogeneous Agents August 23, 2017 10:45-12:45 location: Auditório 0NE01, ed. I 5 papers EEA
contributed session 225 Search and Matching in Labor Markets August 23, 2017 10:45-12:45 location: C4.07, ed. II 5 papers EEA
contributed session 226 The Effects of Monetary Policy August 23, 2017 10:45-12:45 location: Auditório Mário Murteiro, ed. I 5 papers EEA
contributed session 227 The Political Economy of Fiscal and Monetary Policy August 23, 2017 10:45-12:45 location: C5.05, ed. II 5 papers EEA
contributed session 228 The Transmission Mechanism of Fiscal Policy August 23, 2017 10:45-12:45 location: 2E05, ed. I 5 papers EEA
contributed session 229 Trade Effects of Financial and Labor Markets August 23, 2017 10:45-12:45 location: 2E03, ed. I 5 papers EEA
contributed session 230 Beliefs in Macro Models August 23, 2017 10:45-12:45 location: AA3.23, Ala Autónoma 4 papers ES
contributed session 231 Benefits, Welfare and Labour Supply August 23, 2017 10:45-12:45 location: C6.01, ed. II 4 papers ES
contributed session 232 Decision Theory August 23, 2017 10:45-12:45 location: AA2.26, Ala Autónoma 4 papers ES
contributed session 233 Empirical Studies August 23, 2017 10:45-12:45 location: AA3.28, Ala Autónoma 4 papers ES
contributed session 234 Exchange Rate Dynamics August 23, 2017 10:45-12:45 location: C4.01, ed. II 4 papers ES
contributed session 235 Financial Models August 23, 2017 10:45-12:45 location: AA2.24, Ala Autónoma 4 papers ES
contributed session 236 Health Policy August 23, 2017 10:45-12:45 location: AA3.25, Ala Autónoma 4 papers ES
contributed session 237 Information and Coordination August 23, 2017 10:45-12:45 location: C5.01, ed. II 4 papers ES
contributed session 238 Labor Markets in Developing Countries August 23, 2017 10:45-12:45 location: AA2.28, Ala Autónoma 4 papers ES
invited session 239 Long Range Dependence and Trends August 23, 2017 10:45-12:45 location: C2.01, ed. II 4 papers ES
contributed session 240 Macroeconomic Dynamics August 23, 2017 10:45-12:45 location: C4.05, ed. II 4 papers ES
contributed session 241 Macroeconomics of Consumption August 23, 2017 10:45-12:45 location: C6.02, ed. II 4 papers ES
contributed session 242 Risk and Sovereign Debt Crisis August 23, 2017 10:45-12:45 location: C5.09, ed. II 4 papers ES
contributed session 243 Time Varying Parameter Models August 23, 2017 10:45-12:45 location: C2.02, ed. II 4 papers ES
contributed session 244 Topics in Empirical Finance August 23, 2017 10:45-12:45 location: C4.02, ed. II 4 papers ES
contributed session 245 Topics in Information and Mechanism Design August 23, 2017 10:45-12:45 location: C4.06, ed. II 4 papers ES
contributed session 246 Topics in IO: Theory and Evidence August 23, 2017 10:45-12:45 location: C5.07, ed. II 4 papers ES
contributed session 247 Academic Achievement August 23, 2017 10:45-12:45 location: C6.08, ed. II 4 papers ES
invited session 248 New Administrative Data and New Research Designs in Economics August 23, 2017 13:00-14:00 location: Aud. B1.03, ed. II 0 papers EEA
panel session 249 (Un)ethical Behavior II August 23, 2017 14:15-16:00 location: C6.07, ed. II 4 papers EEA
contributed session 250 Banks' Funding August 23, 2017 14:15-16:00 location: AA3.24, Ala Autónoma 4 papers EEA
contributed session 251 Bayesian Applied Time Series August 23, 2017 14:15-16:00 location: 2E07, ed. I 4 papers EEA
contributed session 252 Child-Bearing and Labor Outcomes August 23, 2017 14:15-16:00 location: C5.05, ed. II 3 papers EEA
contributed session 253 Debt and Fiscal Policy in Europe and the US August 23, 2017 14:15-16:00 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 254 Development Economics: Credit and Insurance August 23, 2017 14:15-16:00 location: 2E04, ed. I 3 papers EEA
contributed session 255 Development Economics: Political Economy August 23, 2017 14:15-16:00 location: 2E08, ed. I 4 papers EEA
contributed session 256 Development Macroeconomics August 23, 2017 14:15-16:00 location: 2E03, ed. I 3 papers EEA
contributed session 257 Early-Life Investment in Human Capital August 23, 2017 14:15-16:00 location: C3.02, ed. II 4 papers EEA
contributed session 258 Economic Growth and Technical Change August 23, 2017 14:15-16:00 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 259 FDI Spillovers August 23, 2017 14:15-16:00 location: C5.06, ed. II 4 papers EEA
contributed session 260 Financial Markets August 23, 2017 14:15-16:00 location: AA3.40, Ala Autónoma 4 papers EEA
contributed session 261 Gains from Trade August 23, 2017 14:15-16:00 location: C4.08, ed. II 3 papers EEA
contributed session 262 Healthcare Markets August 23, 2017 14:15-16:00 location: C6.10, ed. II 3 papers EEA
contributed session 263 Individual Choice I August 23, 2017 14:15-16:00 location: Auditório 0NE01, ed. I 4 papers EEA
contributed session 264 Inequality II August 23, 2017 14:15-16:00 location: C3.01, ed. II 4 papers EEA
contributed session 265 Inflation Dynamics August 23, 2017 14:15-16:00 location: AA3.29, Ala Autónoma 4 papers EEA
contributed session 266 Information August 23, 2017 14:15-16:00 location: B2.02, ed. II 4 papers EEA
contributed session 267 Information and Portfolio Choice in Sovereign Debt August 23, 2017 14:15-16:00 location: C4.07, ed. II 4 papers EEA
contributed session 268 Labor Supply August 23, 2017 14:15-16:00 location: B2.01, ed. II 4 papers EEA
contributed session 269 Law and Economics August 23, 2017 14:15-16:00 location: 2E02, ed. I 4 papers EEA
contributed session 270 Monetary Policy Design III August 23, 2017 14:15-16:00 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 271 Productivity I August 23, 2017 14:15-16:00 location: C5.02, ed. II 4 papers EEA
contributed session 272 Real Effects of Financial Frictions August 23, 2017 14:15-16:00 location: AA3.26, Ala Autónoma 4 papers EEA
contributed session 273 Teachers and Education Outcomes August 23, 2017 14:15-16:00 location: C5.08, ed. II 4 papers EEA
contributed session 274 Behavioral Macroeconomics August 23, 2017 14:15-16:00 location: AA3.28, Ala Autónoma 4 papers ES
contributed session 275 Consumption and Wellbeing Over the Lifecycle August 23, 2017 14:15-16:00 location: AA2.28, Ala Autónoma 4 papers ES
contributed session 276 Disclosure Policies and Incentives August 23, 2017 14:15-16:00 location: AA2.24, Ala Autónoma 4 papers ES
contributed session 277 DSGE and Structural Models August 23, 2017 14:15-16:00 location: C4.02, ed. II 4 papers ES
contributed session 278 Econometric Theory August 23, 2017 14:15-16:00 location: C6.02, ed. II 4 papers ES
contributed session 279 Heterogeneity and Competition August 23, 2017 14:15-16:00 location: C5.09, ed. II 4 papers ES
contributed session 280 Housing and the Macroeconomy August 23, 2017 14:15-16:00 location: C6.01, ed. II 4 papers ES
contributed session 281 Institutions and Economic Growth August 23, 2017 14:15-16:00 location: AA3.23, Ala Autónoma 4 papers ES
contributed session 282 International Trade II August 23, 2017 14:15-16:00 location: C2.02, ed. II 4 papers ES
contributed session 283 Labour Markets and Search III August 23, 2017 14:15-16:00 location: C2.01, ed. II 4 papers ES
contributed session 284 Monetary Policy August 23, 2017 14:15-16:00 location: AA3.25, Ala Autónoma 4 papers ES
contributed session 285 Optimal Taxation August 23, 2017 14:15-16:00 location: C4.06, ed. II 4 papers ES
contributed session 286 Persuasion I August 23, 2017 14:15-16:00 location: C5.01, ed. II 4 papers ES
contributed session 287 Productivity II August 23, 2017 14:15-16:00 location: C6.08, ed. II 3 papers ES
contributed session 288 Resource Allocation and Growth in Developing Countries August 23, 2017 14:15-16:00 location: AA2.26, Ala Autónoma 4 papers ES
invited session 289 Semi/Nonparametric Methods I August 23, 2017 14:15-16:00 location: C4.01, ed. II 3 papers ES
contributed session 290 Stability in Network Formation and Matching August 23, 2017 14:15-16:00 location: C5.07, ed. II 3 papers ES
contributed session 291 Structural Change August 23, 2017 14:15-16:00 location: C4.05, ed. II 4 papers ES
contributed session 292 Behavioral Political Economy August 23, 2017 16:30-17:45 location: C5.02, ed. II 3 papers EEA
contributed session 293 Credit Markets in Developing Countries August 23, 2017 16:30-17:45 location: C6.07, ed. II 3 papers EEA
contributed session 294 Crime II August 23, 2017 16:30-17:45 location: C3.02, ed. II 2 papers EEA
contributed session 295 Early Tracking and Education Outcomes August 23, 2017 16:30-17:45 location: C3.01, ed. II 3 papers EEA
contributed session 296 Empirical Finance, Investment and Employment August 23, 2017 16:30-17:45 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 297 Financial Econometrics August 23, 2017 16:30-17:45 location: AA3.24, Ala Autónoma 3 papers EEA
contributed session 298 Fraud and Rigging in Financial Markets August 23, 2017 16:30-17:45 location: AA3.29, Ala Autónoma 3 papers EEA
contributed session 299 Individual Choice II August 23, 2017 16:30-17:45 location: AA3.40, Ala Autónoma 3 papers EEA
contributed session 300 Insurance Markets August 23, 2017 16:30-17:45 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 301 Intended and Unintended Consequences of Unconventional Monetary Policy and Negative Interest Rates (ECB Sponsored Session) August 23, 2017 16:30-17:45 location: C5.08, ed. II 3 papers EEA
contributed session 302 Labor Contracts August 23, 2017 16:30-17:45 location: B2.01, ed. II 3 papers EEA
contributed session 303 Labor Market Reforms in Europe August 23, 2017 16:30-17:45 location: C6.10, ed. II 3 papers EEA
contributed session 304 Persuasion II August 23, 2017 16:30-17:45 location: AA3.26, Ala Autónoma 3 papers EEA
contributed session 305 The Political Economy of Immigration August 23, 2017 16:30-17:45 location: C4.08, ed. II 3 papers EEA
contributed session 306 Unconventional Monetary Policies III August 23, 2017 16:30-17:45 location: C4.07, ed. II 3 papers EEA
contributed session 307 Wealth Inequality and Taxation August 23, 2017 16:30-17:45 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 308 Duration Analysis August 23, 2017 16:30-17:45 location: AA2.24, Ala Autónoma 3 papers ES
contributed session 309 Co-Movements and Copulas in Financial Markets August 23, 2017 16:30-17:45 location: C6.01, ed. II 3 papers ES
contributed session 310 Contract Theory II August 23, 2017 16:30-17:45 location: C2.01, ed. II 3 papers ES
contributed session 311 Financial Risk and Crises August 23, 2017 16:30-17:45 location: C4.05, ed. II 3 papers ES
contributed session 312 Forecasting and Program Evaluation August 23, 2017 16:30-17:45 location: C6.08, ed. II 3 papers ES
contributed session 313 Inference in Forecasting August 23, 2017 16:30-17:45 location: C4.02, ed. II 3 papers ES
contributed session 314 Mark-ups, Quality and Productivity August 23, 2017 16:30-17:45 location: AA3.23, Ala Autónoma 3 papers ES
contributed session 315 Marriage, Divorce and Childcare August 23, 2017 16:30-17:45 location: C2.02, ed. II 3 papers ES
contributed session 316 Public Debt August 23, 2017 16:30-17:45 location: C4.01, ed. II 3 papers ES
contributed session 317 RCTs in Health, Education and Aid in South Asia August 23, 2017 16:30-17:45 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 318 Retirement II August 23, 2017 16:30-17:45 location: AA2.28, Ala Autónoma 3 papers ES
contributed session 319 Structural Dynamic Analyses in Industrial Organization August 23, 2017 16:30-17:45 location: AA2.26, Ala Autónoma 3 papers ES
contributed session 320 Semi/Nonparametric Methods II August 23, 2017 16:30-17:45 location: AA3.25, Ala Autónoma 3 papers ES
contributed session 321 Topics in International Economics August 23, 2017 16:30-17:45 location: C6.02, ed. II 3 papers ES
contributed session 322 Unemployment Insurance August 23, 2017 16:30-17:45 location: C5.01, ed. II 3 papers ES
contributed session 323 Rethinking Growth August 23, 2017 18:00-19:15 location: Aula Magna 1 papers EEA
invited session 324 Moral Hazard in Health Insurance: What Do We Know and How Do We Know It? August 24, 2017 9:00-10:15 location: Aula Magna 1 papers EEA
invited session 325 Advances in Economic History August 24, 2017 10:45-12:45 location: Aud. B1.04, ed. II 0 papers ES
invited session 326 Advances in Organizational Industrial Organization August 24, 2017 10:45-12:45 location: Aud. B1.03, ed. II 3 papers EEA
invited session 327 Bounded Rationality August 24, 2017 10:45-12:45 location: Aud. B2.03, ed. II 0 papers ES
invited session 328 Climate Change and Asset Pricing August 24, 2017 10:45-12:45 location: Aud. B2.04, ed. II 3 papers EEA
invited session 329 How Can Economic Policy Raise Inflation? August 24, 2017 10:45-12:45 location: Grande Auditório, ed. II 3 papers EEA
invited session 330 The Measurement of Preferences August 24, 2017 10:45-12:45 location: Aud. J.J. Laginha, ed. I 0 papers ES
invited session 331 Topics in Empirical International Trade August 24, 2017 10:45-12:45 location: Aud. 4, ed. I 3 papers EEA
invited session 332 Banks' Capital Regulation August 24, 2017 14:15-16:00 location: B2.02, ed. II 4 papers EEA
contributed session 333 Beliefs and Behavior August 24, 2017 14:15-16:00 location: C4.07, ed. II 4 papers EEA
contributed session 334 Climate Change August 24, 2017 14:15-16:00 location: AA2.25, Ala Autónoma 2 papers EEA
contributed session 335 Determinants of Education Outcomes August 24, 2017 14:15-16:00 location: B2.01, ed. II 4 papers EEA
contributed session 336 Economic Growth and the Macroeconomy August 24, 2017 14:15-16:00 location: 2E04, ed. I 4 papers EEA
contributed session 337 Exchange Rate Policy Design August 24, 2017 14:15-16:00 location: 2E08, ed. I 4 papers EEA
contributed session 338 Finance and Industrial Organization August 24, 2017 14:15-16:00 location: AA2.23, Ala Autónoma 4 papers EEA
contributed session 339 Firm Behavior: Empirics August 24, 2017 14:15-16:00 location: AA3.29, Ala Autónoma 4 papers EEA
contributed session 340 Growth and Development III August 24, 2017 14:15-16:00 location: AA3.24, Ala Autónoma 4 papers EEA
contributed session 341 Health Policies August 24, 2017 14:15-16:00 location: C6.10, ed. II 4 papers EEA
contributed session 342 Individual Choice III August 24, 2017 14:15-16:00 location: C5.02, ed. II 4 papers EEA
contributed session 343 Information and Learning August 24, 2017 14:15-16:00 location: C6.07, ed. II 4 papers EEA
contributed session 344 Macroeconomics, Finance and Monetary Policy August 24, 2017 14:15-16:00 location: Auditório 0NE01, ed. I 4 papers EEA
contributed session 345 Matching Markets August 24, 2017 14:15-16:00 location: C4.08, ed. II 4 papers EEA
contributed session 346 Monetary Policy in the Presence of Information and Credit Frictions August 24, 2017 14:15-16:00 location: Auditório Caiano Pereira, ed. I 4 papers EEA
contributed session 347 Optimal Trade Policy August 24, 2017 14:15-16:00 location: 2E07, ed. I 4 papers EEA
contributed session 348 Pensions August 24, 2017 14:15-16:00 location: C5.05, ed. II 4 papers EEA
contributed session 349 Persuasion and Information Aggregation August 24, 2017 14:15-16:00 location: C5.08, ed. II 4 papers EEA
contributed session 350 Search and Transitions Between Firms August 24, 2017 14:15-16:00 location: C3.02, ed. II 4 papers EEA
contributed session 351 Taxation II August 24, 2017 14:15-16:00 location: C3.01, ed. II 4 papers EEA
contributed session 352 The Political Economy of Inequality August 24, 2017 14:15-16:00 location: AA3.40, Ala Autónoma 4 papers EEA
contributed session 353 The Political Economy of Institutions August 24, 2017 14:15-16:00 location: AA3.26, Ala Autónoma 4 papers EEA
contributed session 354 Trust and Public Goods August 24, 2017 14:15-16:00 location: 2E02, ed. I 4 papers EEA
contributed session 355 Unconventional Monetary Policies IV August 24, 2017 14:15-16:00 location: C5.06, ed. II 4 papers EEA
contributed session 356 Auctions: Theory and Estimation August 24, 2017 14:15-16:00 location: AA3.25, Ala Autónoma 4 papers ES
contributed session 357 Contests August 24, 2017 14:15-16:00 location: AA2.28, Ala Autónoma 4 papers ES
contributed session 358 Econometrics of Financial High Frequency Data August 24, 2017 14:15-16:00 location: C4.01, ed. II 4 papers ES
contributed session 359 Economic Studies in Brazil August 24, 2017 14:15-16:00 location: AA2.24, Ala Autónoma 4 papers ES
invited session 360 Education and Families August 24, 2017 14:15-16:00 location: C6.08, ed. II 4 papers ES
contributed session 361 Financial Regulation August 24, 2017 14:15-16:00 location: C2.01, ed. II 4 papers ES
contributed session 362 Innovation August 24, 2017 14:15-16:00 location: C4.06, ed. II 4 papers ES
contributed session 363 Intergenerational Mobility August 24, 2017 14:15-16:00 location: C6.02, ed. II 4 papers ES
contributed session 364 Job Search August 24, 2017 14:15-16:00 location: C2.02, ed. II 4 papers ES
contributed session 365 Monetary Policy and Asset Prices August 24, 2017 14:15-16:00 location: C4.05, ed. II 4 papers ES
contributed session 366 Morality and Economics: Evolutionary Foundations and Policy Implications August 24, 2017 14:15-16:00 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 367 New Developments in Econometrics August 24, 2017 14:15-16:00 location: C4.02, ed. II 4 papers ES
contributed session 368 Obviously Strategy-Proofness August 24, 2017 14:15-16:00 location: AA3.23, Ala Autónoma 4 papers ES
contributed session 369 New Developments in Time Series August 24, 2017 14:15-16:00 location: C5.09, ed. II 3 papers ES
contributed session 370 Open Economy Macroeconomics August 24, 2017 14:15-16:00 location: AA2.26, Ala Autónoma 4 papers ES
contributed session 371 Repeated Games and Equilibrium Concepts August 24, 2017 14:15-16:00 location: C5.07, ed. II 4 papers ES
contributed session 372 Selling Mechanisms August 24, 2017 14:15-16:00 location: C5.01, ed. II 4 papers ES
contributed session 373 Uncertainty in Macro August 24, 2017 14:15-16:00 location: C6.01, ed. II 4 papers ES
contributed session 374 Dynamic Models of Political Economy August 24, 2017 16:30-17:45 location: C6.07, ed. II 3 papers EEA
contributed session 375 Economic Psychology August 24, 2017 16:30-17:45 location: AA3.40, Ala Autónoma 3 papers EEA
contributed session 376 Education and Economic Circumstances August 24, 2017 16:30-17:45 location: C5.05, ed. II 3 papers EEA
contributed session 377 Game Theory August 24, 2017 16:30-17:45 location: AA3.26, Ala Autónoma 3 papers EEA
contributed session 378 Growth and Development IV August 24, 2017 16:30-17:45 location: C4.08, ed. II 3 papers EEA
contributed session 379 Income and Wealth Inequality August 24, 2017 16:30-17:45 location: Auditório Caiano Pereira, ed. I 3 papers EEA
contributed session 380 Instrumental Variable Identification August 24, 2017 16:30-17:45 location: Auditório 0NE01, ed. I 3 papers EEA
contributed session 381 Investment and Investment Finance (European Investment Bank sponsored session) August 24, 2017 16:30-17:45 location: C5.08, ed. II 3 papers EEA
contributed session 382 Labor Supply in the Long Run August 24, 2017 16:30-17:45 location: C5.06, ed. II 3 papers EEA
contributed session 383 Macroeconomic Effects of Structural Reforms August 24, 2017 16:30-17:45 location: C4.07, ed. II 3 papers EEA
contributed session 384 Macroeconomics of Exchange Rates August 24, 2017 16:30-17:45 location: AA3.29, Ala Autónoma 3 papers EEA
contributed session 385 Monetary Policy Regimes August 24, 2017 16:30-17:45 location: AA2.25, Ala Autónoma 3 papers EEA
contributed session 386 Public Sector Employment August 24, 2017 16:30-17:45 location: 2E04, ed. I 3 papers EEA
contributed session 387 Resource Allocation within Families II August 24, 2017 16:30-17:45 location: C3.02, ed. II 3 papers EEA
contributed session 388 Risky Behaviors August 24, 2017 16:30-17:45 location: C3.01, ed. II 3 papers EEA
contributed session 389 Social Mobility and Inequality II August 24, 2017 16:30-17:45 location: C6.10, ed. II 3 papers EEA
contributed session 390 Tax Credits and Labor Supply August 24, 2017 16:30-17:45 location: B2.01, ed. II 2 papers EEA
contributed session 391 The Design of Evaluations August 24, 2017 16:30-17:45 location: B2.02, ed. II 3 papers EEA
contributed session 392 The Impact of Massive Immigration August 24, 2017 16:30-17:45 location: C5.02, ed. II 3 papers EEA
contributed session 393 Unconventional Monetary Policies V August 24, 2017 16:30-17:45 location: AA2.23, Ala Autónoma 3 papers EEA
contributed session 394 Behavioral Macro & Systemic Risks August 24, 2017 16:30-17:45 location: C4.01, ed. II 3 papers ES
contributed session 395 Consumer Choice and Competition August 24, 2017 16:30-17:45 location: C6.01, ed. II 3 papers ES
contributed session 396 Contracting Models with Continuous Time August 24, 2017 16:30-17:45 location: AA2.28, Ala Autónoma 3 papers ES
contributed session 397 Econometrics of Panel Data August 24, 2017 16:30-17:45 location: AA3.28, Ala Autónoma 3 papers ES
contributed session 398 Empirics of School Choice August 24, 2017 16:30-17:45 location: AA2.24, Ala Autónoma 3 papers ES
contributed session 399 Incentives in Politics and Voting August 24, 2017 16:30-17:45 location: AA3.23, Ala Autónoma 3 papers ES
invited session 400 Labour Markets and Search II August 24, 2017 16:30-17:45 location: C6.02, ed. II 3 papers ES
contributed session 401 Learning and Disagreement in Social Networks August 24, 2017 16:30-17:45 location: C2.01, ed. II 3 papers ES
contributed session 402 Lobbying and Public-Private Partnerships August 24, 2017 16:30-17:45 location: C4.02, ed. II 3 papers ES
contributed session 403 Program Evaluation II August 24, 2017 16:30-17:45 location: AA3.25, Ala Autónoma 3 papers ES
contributed session 404 Self-control and Changing Tastes August 24, 2017 16:30-17:45 location: C4.05, ed. II 3 papers ES
invited session 405 Shock-coping Mechanisms in Developing Countries August 24, 2017 16:30-17:45 location: C2.02, ed. II 3 papers ES
invited session 406 Taxes August 24, 2017 16:30-17:45 location: C6.08, ed. II 3 papers ES
contributed session 407 Wages August 24, 2017 16:30-17:45 location: AA2.26, Ala Autónoma 3 papers ES
contributed session 408 Financial Recessions August 24, 2017 18:00-19:15 location: N/A 0 papers ES
invited session 408 sessions, 1391 papers, and 15 presentations with no associated papers Detailed List of Sessions Session 1: Causes and Consequences of Populism August 21, 2017 12:30 to 14:00 Aud. B1.03, ed. II Session Chair: Estelle Cantillon, Université Libre de Bruxelles and CEPR estelle.cantillon@ulb.ac.be Presented by: Sascha Becker, University of Warwick Presented by: Pierre Cahuc, Ecole Polytechnique Presented by: luigi guiso, Einaudi Institute for Economics and Finance Presented by: André Sapir, Université Libre de Bruxelles Session 2: Business Cycles and Labor Markets August 21, 2017 14:15 to 16:00 AA3.29, Ala Autónoma Session Chair: Paulo Santos Monteiro, University of York paulo.santosmonteiro@york.ac.uk Counteracting unemployment in crises: Nonlinear effects of short-time work policy Presented by: Britta Gehrke, Friedrich-Alexander Universität Erlange Learning on the Job and the Cost of Business Cycles Presented by: Andreas Westermark, Sveriges Riksbank Social Security Contributions and the Business Cycle Presented by: Anna Almosova, Humboldt University of Berlin Okun's Law and the Business Cycle Presented by: Paulo Santos Monteiro, University of York Session 3: Business Cycles: Impulses and Propagation I August 21, 2017 14:15 to 16:00 AA2.23, Ala Autónoma Session Chair: Guangyu Pei, guangyu.pei@uzh.ch Explaining Business Cycles: News versus Data Revisions Presented by: Bo Yang, Swansea University Long-term contracts, bargaining and monetary policy Presented by: Asier Aguilera-Bravo, Universidad Pública de Navarra Impact of Ambiguity Shock: Recession and Heightened Dispersion Presented by: Guangyu Pei, Session 4: Cities and Local Markets August 21, 2017 14:15 to 16:00 C5.06, ed. II Session Chair: Elias Oikarinen, University of Turku elias.oikarinen@utu.fi National Industry Trade Shocks, Local Labor Markets and Agglomeration Spillovers Presented by: Ines Helm, Stockholm University Amenities and the Social Structure of Cities Presented by: Fabien MOIZEAU, University of Rennes 1 U.S. Metropolitan House Price Dynamics Presented by: Elias Oikarinen, University of Turku Session 5: Development Economics: Gender and Family Issues August 21, 2017 14:15 to 16:00 B2.01, ed. II Session Chair: Christine Gutekunst, Maastricht University c.gutekunst@maastrichtuniversity.nl Sex ratios and violence against women: the long-term effects of sex-selection in India Presented by: Sofia Amaral, University of Essex SHORT AND LONG-TERM EFFECTS OF A CHILD-LABOR BAN Presented by: Caio Piza, World Bank Fishermen’s wives: On the cultural origins of violence against women Presented by: Pablo Selaya, University of Copenhagen Gender and Bargaining: Evidence from an artefactual field experiment in rural Uganda Presented by: Christine Gutekunst, Maastricht University Session 6: Education and Gender August 21, 2017 14:15 to 16:00 C5.05, ed. II Session Chair: Marina Della Giusta, University of Reading m.dellagiusta@rdg.ac.uk Gender Stereotypes in the Classroom and Effects on Achievement Presented by: Ipek Mumcu, University of Essex The choice of Mathematics at post-secondary school and gender: exploiting a curriculum reform Presented by: Greta Morando, University of Essex Gender, Competition and Performance: Evidence from Real Tournaments Presented by: Maria Cubel, Brunel University Beliefs, exams and social media: a study of girls and boys in the UK. Presented by: Marina Della Giusta, University of Reading Session 7: Electricity Markets August 21, 2017 14:15 to 16:00 2E03, ed. I Session Chair: Wolf-Peter Schill, German Institute for Economic Research (DIW Berlin) wschill@diw.de Real-time pricing as an enabler of variable renewable energy integration in hydropower dominated market Presented by: Santtu Karhinen, University of Oulu Business School Consequentiality and the Willingness-To-Pay for Renewables: Evidence from Germany Presented by: Marco Horvath, RGS Econ & RWI - Leibniz Institute for Economic Research Renewable energy support, negative prices, and real-time pricing Presented by: Wolf-Peter Schill, German Institute for Economic Research (DIW Berlin) Session 8: Empirical Asset Pricing August 21, 2017 14:15 to 16:00 AA2.25, Ala Autónoma Session Chair: Jun Li, Goethe University Frankfurt junli.econ@gmail.com Time-varying predictability of consumption growth and risk premiums for state variables Presented by: Martijn Boons, Nova School of Business and Economics Predictability and the Cross-Section of Expected Returns in Models with Long-Run Risks Presented by: Julian Thimme, Goethe University Frankfurt Financial Leverage, Risk Premia, and their Effect on Expected Growth Rates Presented by: Malte Schumacher, University of Muenster Asset Collateralizability and the Cross-Section of Expected Returns Presented by: Jun Li, Goethe University Frankfurt Session 9: Fertility I August 21, 2017 14:15 to 16:00 C3.02, ed. II Session Chair: Nezih Guner, CEMFI nezih.guner@cemfi.es Baby Bonus, Anyone? Examining Heterogeneous Responses to a Pro-Natalist Policy Presented by: Terry Yip, McMaster University Cutting Fertility? Effects of Cesarean Deliveries on Subsequent Fertility and Maternal Labor Supply Presented by: Martin Halla, University of Innsbruck New (Old) Evidence on the Pill and Teenage Childbearing Presented by: Kelly Ragan, Stockholm School of Economics Labor Market Frictions and Lowest Low Fertility Presented by: Nezih Guner, CEMFI Session 10: Firms and Labor Markets August 21, 2017 14:15 to 16:00 C5.08, ed. II Session Chair: Tristan Potter, Drexel University potter.tristan@gmail.com Specialization matters in the firm size-wage gap Presented by: Maria Molina Domene, CEP -LSE Targeted wage subsidies and firm performance Presented by: Stefano Lombardi, Uppsala University Wage Losses after Job Displacement: Productivity Depreciations or Lost Firm Rents? Presented by: Daniel Fackler, Halle Institute for Economic Research (IWH) Learning and Job Search Dynamics during the Great Recession Presented by: Tristan Potter, Drexel University Session 11: Global Value Chains August 21, 2017 14:15 to 16:00 C5.02, ed. II Session Chair: Giorgia Giovannetti, University of Florence giorgia.giovannetti@unifi.it Sectoral interlinkages in global value chains - spillovers and network effects Presented by: Erik Frohm, European Central Bank Institutions, Comparative Advantages and Global Value Chains Presented by: MOunira NAKAA, Université Paris Sud Global Value Chains Participation and Productivity Gains for North African Firms Presented by: Giorgia Giovannetti, University of Florence Session 12: Household Finance August 21, 2017 14:15 to 16:00 C6.10, ed. II Session Chair: Ernesto Villanueva, Banco de España ernesto.villanueva@bde.es Keep Calm and Consume? Subjective Uncertainty and Preacuationary Savings Presented by: Barbara Broadway, The University of Melbourne Debt and consumption in the United Kingdom during the crisis Presented by: May Rostom, University College London & Bank of Engl The Impact of High School Financial Education on Financial Knowledge, Attitudes and Preferences: Evidence from a Randomized Trial Presented by: Ernesto Villanueva, Banco de España A Life-Cycle Model with Unemployment Traps∗ Presented by: Carolina Fugazza, Università di Torino; CeRP-Collegio Carlo Alberto Session 13: Incentives and Productivity August 21, 2017 14:15 to 16:00 C4.07, ed. II Session Chair: Michael Burda, Humboldt University Berlin burda@wiwi.hu-berlin.de Eigenvalue Productivity: Measurement of Individual Contributions in Teams Presented by: Julia Müller, University of Münster Paying gig workers Presented by: Patrick Kampkötter, University of Tübingen Tailored Feedback and Worker Green Behavior: Field Evidence from Bus Drivers Presented by: Gert-Jan Romensen, University of Groningen Non-work at Work, Unemployment and Labor Productivity Presented by: Michael Burda, Humboldt University Berlin Session 14: Inequality I August 21, 2017 14:15 to 16:00 Auditório Caiano Pereira, ed. I Session Chair: Oliver Denk, Organisation for Economic Co-operation and Development Oliver.DENK@oecd.org Capital Accumulation, Private Property and Rising Inequality in China, 1978-2015 Presented by: Li Yang, The World Bank, Paris School of Economics The Distributional Effects of the German Minimum Wage Reform Presented by: Alexandra Fedorets, DIW Berlin Who are the top 1% earners in Europe? Presented by: Oliver Denk, Organisation for Economic Co-operation and Development Session 15: Information and Finance August 21, 2017 14:15 to 16:00 AA3.26, Ala Autónoma Session Chair: Christian Speck, christian.speck@bundesbank.de To bribe or not to bribe? Corruption uncertainty and corporate practices Presented by: Jiri Tresl, Central Michigan University and CERGE-EI The Financial Transactions Tax in Markets with Adverse Selection Presented by: Peter Sorensen, University of Copenhagen Informative Social Interactions Presented by: Chryssi Giannitsarou, University of Cambridge Break-Even Inflation Rates for the Euro Area Presented by: Christian Speck, Session 16: Media and Platforms August 21, 2017 14:15 to 16:00 2E04, ed. I Session Chair: Armando Jose Garcia Pires, Norwegian School of Economics (NHH) armando.pires@snf.no Selling News Information to Consumers Presented by: Johannes Dittrich, University of Mannheim Platforms' investment in two-sided markets with spillover effects Presented by: Leonardo Madio, University of York Content Acquisition by Streaming Platforms: Premium vs Freemium Presented by: ELIAS CARRONI, University of Bologna Content Provision and Multi-Homing Presented by: Armando Jose Garcia Pires, Norwegian School of Economics (NHH) Session 17: Mergers and Succession of Political Institutions August 21, 2017 14:15 to 16:00 C6.07, ed. II Session Chair: Luigi Moretti, Université Paris 1 Panthéon-Sorbonne lgmoret@gmail.com The Economics of State Fragmentation: Assessing the Economic Impact of Secession Presented by: Jakob Vanschoonbeek, KU Leuven - Catholic University of Leuven Local government mergers and school quality Presented by: Astrid Sandsør, University of Oslo Electoral Externalities in Federations - Evidence from German Opinion Polls Presented by: Robert Lehmann, Ifo Institute Norwegian Rhapsody? The Political Economy Benefits of Regional Integration Presented by: Luigi Moretti, Université Paris 1 Panthéon-Sorbonne Session 18: Monetary Policy in Open Economies August 21, 2017 14:15 to 16:00 B2.02, ed. II Session Chair: Anna Lipinska, Federal Reserve Board anna.lipinska@frb.gov Country Portfolios, Collateral Constraints and Optimal Monetary Policy Presented by: Ozge Senay, University of St Andrews The Inherent Benefit of Monetary Unions Presented by: Dominik Groll, Kiel Institute for the World Economy Interest Rate Uncertainty As a Policy Tool Presented by: Galip Ozhan, University of St Andrews International Welfare Effects of Forward Guidance Presented by: Anna Lipinska, Federal Reserve Board Session 19: Preferences and Decisions August 21, 2017 14:15 to 16:00 2E07, ed. I Session Chair: Leandro Gorno, FGV/EPGE - Escola Brasileira de Economia e Finanças leandro.gorno@fgv.br Integrability of Demand in Incomplete Markets: Kreps-Porteus-Selden Preferences Presented by: Xiao Wei, Fudan University and University of Pennsylvania The structure of incomplete preferences Presented by: Leandro Gorno, FGV/EPGE - Escola Brasileira de Economia e Finanças Session 20: Pricing Under Imperfect Competition August 21, 2017 14:15 to 16:00 2E08, ed. I Session Chair: Volker Nocke, U Mannheim nocke@uni-mannheim.de Multiproduct Intermediaries Presented by: Andrew Rhodes, Toulouse School of Economics Competition with Targeted Product Design: Price, Variety, and Welfare Presented by: Miguel Gonzalez-Maestre, Universidad de Murcia Competing for Strategic Buyers Presented by: Vincent Meisner, TU Berlin Multiproduct-Firm Oligopoly: An Aggregative Games Approach Presented by: Volker Nocke, U Mannheim Session 21: Program Evaluation I August 21, 2017 14:15 to 16:00 C4.08, ed. II Session Chair: Rembert De Blander, KU Leuven Rembert@DeBlander.eu The Response of Firms to the Introduction of Minimum Wages Presented by: Sebastian Link, University of Munich How Important are Firm Visits for High School Students? Evidence from a Randomized-Control Trial Presented by: Alexandra Avdeenko, University of Mannheim From Quantity to Quality: Delivering a Home-based Parenting Intervention through China’s Family Planning Workers Presented by: Nele Warrinnier, KULeuven and Centre of Economic Performance (LSE) When Regression Discontinuity Sample Design Assumptions Break Down, Structural Estimation Might Save the Day Presented by: Rembert De Blander, KU Leuven Session 22: Regulating Banks and Shadow Banking August 21, 2017 14:15 to 16:00 AA3.40, Ala Autónoma Session Chair: Edouard Chretien, CREST and Polytechnique edouard.chretien.2008@polytechnique.org Structural Stress Tests Presented by: Sigurd Mølster Galaasen, Norges Bank Half-full or Half-empty? A Direct Test of the Impact of CDS Trading on Corporate Credit Risk Presented by: ceciilia caglio, Federal Reserve Board of Governors Safe but Fragile: Information Acquisition and the Collapse of Shadow Banks Presented by: Philipp Koenig, German Institute for Economic Research Traditional and Shadow Banks during the Crisis Presented by: Edouard Chretien, CREST and Polytechnique Session 23: Systemic Risk August 21, 2017 14:15 to 16:00 AA3.24, Ala Autónoma Session Chair: Alonso Villacorta, Stanford University alonsovg@stanford.edu Banking Crises, Bail-ins, and Depositor Confidence: Lessons from Cyprus Presented by: Helmut Stix, Oesterreichische Nationalbank The Impact of Macroprudential Policies on Systemic Financial Stability Presented by: Amirhossein Sadoghi, Frankfurt school of finance Macroprudential Instruments and Intra-Group Dynamics: The Effects of Reserve Requirements in Brazil Presented by: Chris Juerschik, Halle Institute for Economic Research Macroprudential Policy with Liquidity Panics Presented by: Alonso Villacorta, Stanford University Session 24: Wage Structure August 21, 2017 14:15 to 16:00 C3.01, ed. II Session Chair: Beatrice Boutchenik, INSEE - CREST beatrice.boutchenik@insee.fr Changes in the German Wage Structure: Unions, Internationalization, Tasks, Firms, and Worker Characteristics Presented by: Matthias Seckler, University of Tübingen An uphill battle: Is the access to high wages more difficult for French workers of Maghrebi origin? Presented by: Beatrice Boutchenik, INSEE - CREST The Public Sector Wage Gap :
 New Evidence from Panel Administrative Data Presented by: Audrey Etienne, Aix-Marseille School of Economics Job Polarisation, Occupational Prices, and the Distribution of Occupational Returns Presented by: Ben Etheridge, University of Essex Session 25: Asset Pricing I August 21, 2017 14:15 to 16:00 AA2.28, Ala Autónoma Session Chair: Alex Hsu, Georgia Institute of Technology Alex.Hsu@scheller.gatech.edu Funding Constraints and Market Liquidity in the European Treasury Bond Market Presented by: Sophie Moinas, Toulouse School of Economics The Cross-predictability of Industry Returns in International Financial Markets Presented by: Xin Wang, University of Toronto Correlation Uncertainty, Heterogeneous Investors, and Asset Prices Presented by: Weidong Tian, University of North Carolina at Charlotte The Decline of Macroeconomic Volatility Risk and Asset Return Predictability: Monetary Policy or Shocks? Presented by: Francisco Palomino, Board of Governors of the Federal Reserv Session 26: Auctions August 21, 2017 14:15 to 16:00 C4.01, ed. II Session Chair: Dmitriy Knyazev, Bonn University dknyazev@uni-bonn.de Multi-object auction design: revenue maximization with no wastage Presented by: Shigehiro Serizawa, Osaka University On the Core of Auctions with Externalities: Stability and Fairness Presented by: Seungwon (Eugene) Jeong, University of Bristol Low Reserve Prices in Auctions Presented by: Audrey Hu, University of Amsterdam/Tinbergen Institute Nondiscriminatory strategyproof optimal auction Presented by: Dmitriy Knyazev, Bonn University Session 27: Causality and Cointegration August 21, 2017 14:15 to 16:00 C2.01, ed. II Session Chair: Luis Filipe Martins, ISCTE - IUL luis.martins@iscte.pt Mixed Causal and Noncausal MAR($p,q$) Processes and the modelling of explosive bubbles Presented by: Sebastien Fries, CREST, Paris-Saclay University Assessing Causality and Delay within a Frequency Band Presented by: Sven Schreiber, Hans Böckler Foundation, and Free U Ber Mixed Causal-Noncausal Autoregressions with Strictly Exogenous Regressors Presented by: Sean Telg, Maastricht University Tests for Segmented Cointegration Presented by: Luis Filipe Martins, ISCTE - IUL Session 28: Central Banking and Bank Lending August 21, 2017 14:15 to 16:00 C4.05, ed. II Session Chair: Michal Kowalik, Federal Reserve Bank of Boston Michal.Kowalik@bos.frb.org Should Central Banks Worry about Nonlinearities of Their Large-Scale Macroeconomic Models? Presented by: Vadym Lepetyuk, Bank of Canada Transitions in Central Bank Leadership Presented by: Eduardo Zilberman, Pontifícia Universidade Católica do Ri Banks Interconnectivity and Leverage Presented by: Alessandro Barattieri, Collegio Carlo Alberto and ESG UQAM Craft Lending: The Role of Small Banks in Small Business Finance Presented by: Michal Kowalik, Federal Reserve Bank of Boston Session 29: Economics of Discrimination and Affirmative Action August 21, 2017 14:15 to 16:00 C5.01, ed. II Session Chair: Juliana Silva Goncalves, juliana.silvagncalves@gmail.com Unobserved Heterogeneity and Labor Market Discrimination Against Homosexuals Presented by: Miguel Sarzosa, Purdue University Publishing while Female: Gender Differences in Peer Review Scrutiny Presented by: Erin Hengel, University of Liverpool Gender Wage Gap and Firm Heterogeneity: Evidence from French Linked Employer-Employee Data Presented by: Maxime To, University College London - IFS Affirmative Action and Effort: An Experimental Investigation in the Classroom Presented by: Juliana Silva Goncalves, Session 30: Environmental Policy August 21, 2017 14:15 to 16:00 C6.08, ed. II Session Chair: Renaud Coulomb, University of Melbourne renaud.coulomb@gmail.com Optimal Climate Policies in a Dynamic Multi-Country Equilibrium Model Presented by: Marten Hillebrand, University of Konstanz Exhaustible and Inexhaustible Resource Investment Presented by: Hagen Schwerin, ETH Zurich The exploration of fossil-fuels reserves in a carbon-regulated world Presented by: Renaud Coulomb, University of Melbourne The Dynamic Effects of Oil Market Shocks on Corporate Balance Sheets Presented by: Khalid Elfayoumi, DIW Berlin Session 31: Factor Models and State Space August 21, 2017 14:15 to 16:00 AA2.26, Ala Autónoma Session Chair: Roman Liesenfeld, University of Cologne liesenfeld@statistik.uni-koeln.de Estimating a SAR model with spatial weights constructed by endogenous bilateral variables Presented by: Xi Qu, Shanghai Jiao Tong University Debt Thresholds and the Effectiveness of Stabilization Policy: Evidence from a Regional Factor-Augmented VAR for the Euro Area Presented by: Laura Jackson Young, Bentley University Selecting the Number of Factors in Approximate Factor Models using Group Variable regularization Presented by: Maurizio Daniele, University of Konstanz The Gibbs Sampler with Particle Efficient Importance Sampling for State-Space Models Presented by: Roman Liesenfeld, University of Cologne Session 32: Fiscal Policy and Redistribution August 21, 2017 14:15 to 16:00 AA3.28, Ala Autónoma Session Chair: Ricardo Reis, London School of Economics r.a.reis@lse.ac.uk Austerity, Inequality, and Private Debt Overhang Presented by: Mathias Klein, DIW Berlin Estate Taxation, Social Security and Annuity: the Trinity and Unity? Presented by: Cagri Kumru, Australian National University The Young, the Old, and the Government: Demographics and Fiscal Multipliers Presented by: Omar Rachedi, Banco de España Optimal Automatic Stabilizers Presented by: Ricardo Reis, London School of Economics Session 33: GMM and Financial Econometrics August 21, 2017 14:15 to 16:00 AA3.25, Ala Autónoma Session Chair: Frank Windmeijer, University of Bristol F.Windmeijer@bristol.ac.uk A Joint Value-at-Risk and Expected Shortfall Regression Framework Presented by: Timo Dimitriadis, University of Konstanz Interquantile Expectation Regression Presented by: Sander Barendse, Erasmus University Rotterdam Simple Semiparametric Estimation of Models with Measurement Errors in Covariates Presented by: Kirill Evdokimov, Princeton University A Simple Underidentification Test for Linear IV Models, with and Application to Dynamic Panel Data Models Presented by: Frank Windmeijer, University of Bristol Session 34: Human Capital, Innovation and Growth August 21, 2017 14:15 to 16:00 C4.06, ed. II Session Chair: Hugo A. Hopenhayn, University of California Los Angeles hopen@econ.ucla.edu Human Capital Heterogeneity and Sectoral Allocation: Assigning the Human Wealth of Nations Presented by: Veronica Mies, Pontificia Universidad Catolica de Chile Natural Disasters and Growth: The Role of Foreign Aid and Disaster Insurance Presented by: Rodolfo Manuelli, Washington University and Federal Reserve Bank of St. Louis Political Connections, Firm Dynamics, and the Macroeconomy Presented by: Salome Baslandze, EIEF - Einaudi Institute for Economics a Knowledge Creation and Diffusion with Limited Appropriation Presented by: Hugo A. Hopenhayn, University of California Los Angeles Session 35: Industrial Networks August 21, 2017 14:15 to 16:00 AA2.24, Ala Autónoma Session Chair: Basile Grassi, University of Oxford basile.grassi@gmail.com Economic Growth Among a Network of Industries Presented by: Will Johnson, Boston University Dissecting Gravity: From Cargo Shipments to Country-Level Trade Flows Presented by: Vladimir Sokolov, Higher School of Economics Input-output linkage, multiplicity and unemployment Presented by: Federico Mandelman, Federal Reserve Bank of Atlanta IO in I-O: Competition and Volatility in Input-Output Networks Presented by: Basile Grassi, University of Oxford Session 36: Information and Market Efficiency August 21, 2017 14:15 to 16:00 C4.02, ed. II Session Chair: Jeongmin Lee, Washington University in St. Louis jlee89@wustl.edu Informativeness of trade size in foreign exchange markets Presented by: Nikola Gradojevic, University of Guelph Rational Quantitative Trading in Efficient Markets Presented by: Katrin Tinn, Imperial College London Information and Competition with Symmetry Presented by: Jeongmin Lee, Washington University in St. Louis Session 37: Intelligence, Peer Effects and Consistency August 21, 2017 14:15 to 16:00 C2.02, ed. II Session Chair: Melanie Luhrmann, Royal Holloway melanie.luhrmann@rhul.ac.uk Intelligence, Personality and Gains from Cooperation in Repeated Interactions Presented by: Andis Sofianos, University of Warwick Observational Learning and Intelligence Presented by: Alexander Vostroknutov, University of Trento Testing the level of consistency between choices and beliefs in games using eye-tracking Presented by: Luca Polonio, Universita' di Trento Peer Effects in Risk Preferences Among Adolescents Presented by: Melanie Luhrmann, Royal Holloway Session 38: IO Theory August 21, 2017 14:15 to 16:00 C6.01, ed. II Session Chair: Samir Mamadehussene, Catolica-Lisbon School of Business and Economics samir@ucp.pt Multi-Dimensional Pass-Through, Incidence, and the Welfare Burden of Taxation in Oligopoly Presented by: Takanori Adachi, Nagoya University Forward trading and entry under incomplete information Presented by: Lluis M. Granero, Universitat de Valencia Strategic Interdependent Security Systems Presented by: Thomas Weber, Ecole Polytechnique Federale de Lausanne Firm Obfuscation in a Model of Prominence Presented by: Samir Mamadehussene, Catolica-Lisbon School of Business and Economics Session 39: Labor Markets August 21, 2017 14:15 to 16:00 C6.02, ed. II Session Chair: Anett John, CREST anett.john@ensae.fr Within-Job Wage Inequality: Performance Pay and Job Fitness Presented by: Rongsheng Tang, Washington University in St. Louis Self-Regulation Training and Job Search Effort: A Natural Field Experiment in an Active Labor Market Program Presented by: Felix Schmidt, University Mainz Air pollution and labor supply: Evidence from social security data Presented by: Felix Holub, University of Mannheim You Get What You Pay For: Evidence from a Jobseeker Conditional Cash Transfer Program in France Presented by: Anett John, CREST Session 40: Moral Hazard Problems with Subjective and Endogenous Performance Evaluation August 21, 2017 14:15 to 16:00 AA3.23, Ala Autónoma Session Chair: W. Bentley MacLeod, Columbia University bentley.macleod@columbia.edu LEARNING-BY-SHIRKING IN RELATIONAL CONTRACTS Presented by: Luis Vasconcelos, University of Essex Endogenous Correlation and Moral Hazard Presented by: Pierre Fleckinger, MINES ParisTech & Paris School of Econom Optimally Vague Contracts and the Law Presented by: Giacomo Ponzetto, CREI, U. Pompeu Fabra, IPEG, & Barcelona OPPORTUNISM IN PRINCIPAL-AGENT RELATIONSHIPS WITH SUBJECTIVE EVALUATION Presented by: W. Bentley MacLeod, Columbia University Session 41: Portfolio Allocation August 21, 2017 14:15 to 16:00 C5.09, ed. II Session Chair: Zeynep Senyuz, Board of Governors of the Federal Reserve zeynep.senyuz@frb.gov Expected Spot Prices and the Dynamics of Commodity Risk Premia Presented by: Daniele Bianchi, University of Warwick Identifying Information Flows in Over-the-Counter Markets: Evidence from a Consensus Pricing Service Presented by: Andreas Uthemann, London School of Economics Portfolio rebalancing in times of stress Presented by: Christian Grisse, Swiss National Bank Financial Stress and Equilibrium Dynamics in Term Interbank Funding Markets Presented by: Zeynep Senyuz, Board of Governors of the Federal Reserve Session 42: Asset Pricing and Policies August 21, 2017 16:30 to 17:45 AA3.24, Ala Autónoma Session Chair: Jason Cen, Cambridge Judge Business School j.cen@jbs.cam.ac.uk Empirical Asset Pricing with Multi-Period Disasters and Partial Government Defaults Presented by: Jantje Soenksen, University of Tuebingen Hedge Fund Fee Structure and Risk Exposure: Theory and Empirical Evidence Presented by: Herve Roche, Universidad Adolfo Ibanez Currency Regimes and the Carry Trade Presented by: Jason Cen, Cambridge Judge Business School Session 43: Banking Competition August 21, 2017 16:30 to 17:45 AA3.40, Ala Autónoma Session Chair: Sriya Anbil, Board of Governors of the Federal Reserve sriya.l.anbil@frb.gov Opaque Assets and Rollover Risk Presented by: Toni Ahnert, Bank of Canada Move a Little Closer? Information Sharing and the Spatial Clustering of Bank Branches Presented by: Stefan Straetmans, Maastricht School of Business and Econom Window-Dressing and Trading Relationships in the Tri-party Repo Market Presented by: Sriya Anbil, Board of Governors of the Federal Reserve Session 44: Consumption and Saving August 21, 2017 16:30 to 17:45 C4.07, ed. II Session Chair: Ralf Steinhauser, Hamburg University and Australian National University ralf.steinhauser@anu.edu.au MPC Heterogeneity and Household Balance Sheets Presented by: Martin Holm, BI Norwegian Business School Anti-poverty Income Transfers in the U.S.: A Framework for the Evaluation of Policy Reforms Presented by: Nawid Siassi, University of Konstanz Fiscal Stimulus and Households' Non-Durable Consumption Expenditures: Evidence from the 2009 Australian Nation Building and Jobs Plan Presented by: Ralf Steinhauser, Hamburg University and Australian National University Session 45: Corporate Taxation August 21, 2017 16:30 to 17:45 C5.05, ed. II Session Chair: Davud Rostam-Afschar, Universitaet Hohenheim davud.rostam-afschar@uni-hohenheim.de How important are company losses? Taxation of loss-makers and their responses Presented by: Irem Guceri, University of Oxford Inverse December Fever Presented by: Zareh Asatryan, ZEW Mannheim How Do Entrepreneurial Portfolios Respond to Income Taxation? Presented by: Davud Rostam-Afschar, Universitaet Hohenheim Session 46: Fertility II August 21, 2017 16:30 to 17:45 C3.02, ed. II Session Chair: Veronique Gille, DIAL, IRD gille@dial.prd.fr Child Marriage and Fertility: Evidence from Ethiopia Presented by: Jorge Garcia Hombrados, University of Sussex Fertility Responses to Infant and Maternal Mortality: Quasi-Experimental Evidence from 20th Century America Presented by: Selma Walther, University of Warwick Measuring sex-selective abortion: Are there repeated abortions? Presented by: Veronique Gille, DIAL, IRD Session 47: Financial Regulation: Theory August 21, 2017 16:30 to 17:45 AA3.26, Ala Autónoma Session Chair: Alexander Hodbod, European Central Bank alexander.hodbod@ecb.int Unbundling financial services: The case of brokerage and investment research Presented by: Anne-Gaël Vaubourg, Bank regulation under fi re sale externalities Presented by: S. Mehmet Ozsoy, Ozyegin University Sectoral Risk Weights and Macroprudential Policy Presented by: Alexander Hodbod, European Central Bank Session 48: Financial Supervision and Crisis Resolution August 21, 2017 16:30 to 17:45 AA2.25, Ala Autónoma Session Chair: Rafael Repullo, CEMFI repullo@cemfi.es Optimal bank resolution regimes Presented by: Ansgar Walther, University of Warwick Regulating a Model Presented by: Yaron Leitner, Federal Reserve Bank of Philadelphia Hierarchical Bank Supervision Presented by: Rafael Repullo, CEMFI Session 49: Green Growth August 21, 2017 16:30 to 17:45 AA2.23, Ala Autónoma Session Chair: Joelle Noailly, Graduate Institute of International and Development Studies joelle.noailly@graduateinstitute.ch Renewable Technology Adoption and the Macroeconomy Presented by: Bernardino Adão, Banco de Portugal Believe it or not: how directed technical change and a bit of optimism lead the economy towards green growth Presented by: Sophie Lian Zhou, Tilburg University Financing Energy Innovation: The Role of Financing Constraints for Directed Technical Change from Fossil-Fuel to Renewable Innovation Presented by: Joelle Noailly, Graduate Institute of International and Development Studies Session 50: Growth and Development I August 21, 2017 16:30 to 17:45 C6.07, ed. II Session Chair: Wouter Zant, VU University wouter.zant@vu.nl The Political Economy of Foreign Aid Effectiveness: the Role of Economic Inequality Presented by: Ieva Skarda, The University of York European Influence and Economic Development Presented by: David Kuenzel, Wesleyan University Impact of Mobile Phones on Staple Food Markets in Mozambique: Improved Arbitrage or Increased Rent Extraction? Presented by: Wouter Zant, VU University Session 51: Macroeconomic Effects of Pension Reforms August 21, 2017 16:30 to 17:45 C5.06, ed. II Session Chair: Duarte Leite, Munich Center for Economics of Aging semedo-leite@mea.mpisoc.mpg.de Deductions for Early Retirement Presented by: Markus Knell, Oesterreichische Nationalbank Optimal Notional Defined Contributions Presented by: Marcelo dos Santos, Insper Time Matters: Retirement Behavior of Heterogeneous Households Under Pension Reforms Presented by: Duarte Leite, Munich Center for Economics of Aging Session 52: Macroeconomic Effects of Wage Rigidity August 21, 2017 16:30 to 17:45 Auditório 0NE01, ed. I Session Chair: Alex Clymo, University of Amsterdam ajclymo@gmail.com Heterogeneous Agents, Menu Costs and Endogenous Wage Inertia Presented by: Szabolcs Deák, University of Surrey The return of the European wage Phillips curve Presented by: Fabrice Orlandi, European Central Bank Heterogeneous Firms, Wages, and the Effects of Financial Crises Presented by: Alex Clymo, University of Amsterdam Session 53: Monetary Policy and Heterogeneity August 21, 2017 16:30 to 17:45 2E04, ed. I Session Chair: Isabel Cairo, Board of Governors of the Federal Reserve System isabel.cairo@frb.gov Monetary Policy, Financial Rigidities, and Redistribution Presented by: Christian Loenser, University of Cologne Disagreement matters: New evidence on the state-dependent effects of monetary policy Presented by: Elisabeth Falck, Goethe University Frankfurt Income Inequality, Financial Crises and Monetary Policy Presented by: Isabel Cairo, Board of Governors of the Federal Reserve System Session 54: Money and Liquidity August 21, 2017 16:30 to 17:45 2E08, ed. I Session Chair: Francesca Carapella, Federal Reserve Board francesca.carapella@frb.gov Liquid Accounts as a Store of Value Presented by: Alessandro Mennuni, University of Southampton When Ramsey Searches for Liquidity Presented by: Wei Cui, University College London Credit markets, Limited commitment and Optimal monetary policy Presented by: Francesca Carapella, Federal Reserve Board Session 55: News and Uncertainty in Macro August 21, 2017 16:30 to 17:45 B2.01, ed. II Session Chair: Laura Moretti, Central Bank of Ireland laura.moretti@centralbank.ie News and Uncertainty Shocks Presented by: Danilo Cascaldi-Garcia, University of Warwick Sentiments in the Times of Crisis Presented by: Antonio Conti, Bank of Italy News, Noise and Oil Price Swings Presented by: Laura Moretti, Central Bank of Ireland Session 56: Organization and Matching in International Trade August 21, 2017 16:30 to 17:45 AA3.29, Ala Autónoma Session Chair: Paulo Bastos, The World Bank pbastos@worldbank.org The Effect of Investing Abroad on Investment at Home - On the Role of Technology, Tax Savings, and Internal Capital Markets Presented by: Elias Steinmueller, University of Tübingen Seller-Buyer Matching in International Good Markets Presented by: Clemence Lenoir, ENSAE Foreign acquisition and internal organization Presented by: Paulo Bastos, The World Bank Session 57: Resource Allocation Within Families I August 21, 2017 16:30 to 17:45 C3.01, ed. II Session Chair: Daniela Piazzalunga, FBK-IRVAPP piazzalunga@irvapp.it Divorce laws and intimate partner violence: Evidence from Mexico Presented by: Aixa Maria Garcia-Ramos, University of Birmingham Same-Sex Marriage Legalization After Registered Partnership Introduction--Redundant Or Remedy For "The Seven-Year Itch" Presented by: Shuai Chen, Tilburg University Till Money Us Do Part: Property Division at Divorce and Married Couples' Time Use Behaviour Presented by: Daniela Piazzalunga, FBK-IRVAPP Session 58: Social Mobility and Inequality I August 21, 2017 16:30 to 17:45 C6.10, ed. II Session Chair: Mårten Palme, Stockholm University Marten.Palme@ne.su.se Unemployment, Inequality, and Institutions, Revisited Presented by: Robert Duval-Hernandez, University of Cyprus The transmission of health across 7 generations in China, 1789-1906 Presented by: Giuseppe Migali, Lancaster University and Magna Graecia University Dynastic Human Capital, Inequality and Intergenerational Mobility Presented by: Mårten Palme, Stockholm University Session 59: Social Preferences I August 21, 2017 16:30 to 17:45 C5.08, ed. II Session Chair: Yves Breitmoser, Humboldt University yves.breitmoser@hu-berlin.de Giving in Dictator Games -- Experimenter Demand Effect or Preference over the Rules of the Game? Presented by: Nadine Chlass, University of Jena Deception, social preferences, and friendship Presented by: Sandra Maximiano, Purdue University Stochastic choice with presentation effects Presented by: Yves Breitmoser, Humboldt University Session 60: Social Programs August 21, 2017 16:30 to 17:45 B2.02, ed. II Session Chair: Simon Janssen, IAB Simon.Janssen@iab.de Social Image Concerns and Welfare Take-Up Presented by: Renke Schmacker, DIW Berlin Spillovers in Social Program Participation: Evidence from Chile Presented by: Rita Ginja, Uppsala University Household Income and Infant Health. Evidence from a Presented by: Simon Janssen, IAB Session 61: The Political Economy of Redistribution I August 21, 2017 16:30 to 17:45 C4.08, ed. II Session Chair: Adrian Jaeggi, University of St.Gallen adrian.jaeggi@unisg.ch Redistributive Politics, Power Sharing, and Fairness Presented by: Yizhi Wang, University of Manchester Social capital can lessen redistribution: A political economy analysis. Presented by: Alexey Zakharov, Higher School of Economics University Income Inequality and Technology Diffusion Presented by: Adrian Jaeggi, University of St.Gallen Session 62: Unconventional Monetary Policies I August 21, 2017 16:30 to 17:45 Auditório Caiano Pereira, ed. I Session Chair: Marco Airaudo, Drexel University, LeBow Business School marco.airaudo@gmail.com Global impact of US and euro area unconventional monetary policies: a comparison Presented by: Feng Zhu, Bank for International Settlements Publish or perish: Forward guidance and publishing interest rate forecasts Presented by: Saskia ter Ellen, Norges Bank Temptation and Forward Guidance Presented by: Marco Airaudo, Drexel University, LeBow Business School Session 63: Wages and Unemployment August 21, 2017 16:30 to 17:45 C5.02, ed. II Session Chair: Nicolas Lepage-Saucier, CREST Ensai nicolas.lepagesaucier@gmail.com What Drives Wage Effects of Unemployment Benefits? Evidence from Natural Experiments and Reservation Wage Data Presented by: Patrick Arni, University of Bristol and IZA Minimum Wages and Unemployment: Evidence from Russia Presented by: Shun Wang, KDI School of Public Policy and Management Take-up rates, recalls and expectations of going back to work Presented by: Nicolas Lepage-Saucier, CREST Ensai Session 64: Advances in Quantile Regression and Simulation Methods August 21, 2017 16:30 to 17:45 C2.01, ed. II Session Chair: Ivan Fernandez-Val, Boston University ivanf@bu.edu A Unified Robust Bootstrap Method for Sharp/Fuzzy Mean/Quantile Regression Discontinuity/Kink Designs Presented by: Harold Chiang, Johns Hopkins University Instrumental Variable Quantile Regression with Misclassification Presented by: Takuya Ura, University of California, Davis Network and Panel Quantile Effects Via Distribution Regression Presented by: Ivan Fernandez-Val, Boston University Session 65: Balance Sheets August 21, 2017 16:30 to 17:45 C6.01, ed. II Session Chair: Alonso Villacorta, Stanford University alonsovg@stanford.edu Industry competition, credit spreads, and levered equity returns Presented by: Alexandre Corhay, University of Toronto De-leveraging or de-risking? How banks cope with loss Presented by: Rhys Bidder, Federal Reserve Bank of San Francisco Business Cycles and the Balance Sheets of the Financial and Non-Financial Sectors Presented by: Alonso Villacorta, Stanford University Session 66: Belief Distortion August 21, 2017 16:30 to 17:45 AA3.23, Ala Autónoma Session Chair: Rosemarie Nagel, ICREA-UPF-BGSE rosemarie.nagel@upf.edu Equilibrium Contracts and Boundedly Rational Expectations Presented by: Heidi Thysen, LSE Payoff-Based Belief Distortion Presented by: Peiran Jiao, University of Oxford Noisy Adaptive Learning in an Oligopoly Market with Demand Inertia Presented by: Rosemarie Nagel, ICREA-UPF-BGSE Session 67: Choice Theory August 21, 2017 16:30 to 17:45 AA3.28, Ala Autónoma Session Chair: Paulo Natenzon, Washington University St. Louis pnatenzon@wustl.edu Intermittent Discounting Presented by: Alexis Direr, Laboratoire d'Economie d'Orléans Eliciting the just-noticeable difference Presented by: Pawel Dziewulski, University of Oxford Preference reversal or limited sampling? Maybe tu ́ngara frogs are rational after all. Presented by: Paulo Natenzon, Washington University St. Louis Session 68: Crime I August 21, 2017 16:30 to 17:45 C6.02, ed. II Session Chair: Jorge Vasquez, Bank of Canada jvasquez@bankofcanada.ca Dynamics in Gun Ownership and Crime - Evidence from the Aftermath of Sandy Hook Presented by: David Schindler, University of Munich The External Cost of Prostitution Presented by: Rafael Ribas, University of Amsterdam A Theory of Crime and Vigilance Presented by: Jorge Vasquez, Bank of Canada Session 69: Fiscal Policy in Open Economies August 21, 2017 16:30 to 17:45 AA2.28, Ala Autónoma Session Chair: Tatiana Kirsanova, University of Glasgow trkirsanova@gmail.com Trade Flows, Trade Policy, and the Size of Fiscal Multipliers Presented by: Nora Traum, North Carolina State University Union debt Management Presented by: Elisa Faraglia, Cambridge University Should the ECB coordinate EMU fiscal policies? Presented by: Tatiana Kirsanova, University of Glasgow Session 70: Historical Perspectives in Demography and Labour Economics August 21, 2017 16:30 to 17:45 C2.02, ed. II Session Chair: Robert Petrunia, Lakehead Universtiy rpetruni@lakeheadu.ca Social Mobility in the Long Run - Evidence from the City of Zurich Presented by: Giacomin Favre, University of Zurich The effect of income and wealth on longevity: Evidence from the Union army pension Presented by: Dohyung Kim, Korea Development Institute The Impact of Labour Policies on Ontario Gold Mines in World War II Presented by: Robert Petrunia, Lakehead Universtiy Session 71: Implications of Monetary Policy, Taxes and Financial Innovation August 21, 2017 16:30 to 17:45 AA2.24, Ala Autónoma Session Chair: Hyun Lee, University of Connecticut hyun.2.lee@uconn.edu Monetary Policy Implications of State-Dependent Prices and Wages Presented by: Anton Nakov, ECB and CEPR The Impact of Taxes and Transfers on the Skill Premium Presented by: Shuhei Takahashi, Kyoto University Does Financial Innovation Increase Inequality?: A Competitive Search Approach Presented by: Hyun Lee, University of Connecticut Session 72: Information Provision and Acquisition August 21, 2017 16:30 to 17:45 C6.08, ed. II Session Chair: Andrei Matveenko, CERGE-EI andrei.v.matve@gmail.com The Wisdom of the Crowd in Dynamic Economies Presented by: Pietro Dindo, Ca' Foscari University of Venice Logit, CES, and Rational Inattention Presented by: Andrei Matveenko, CERGE-EI Session 73: Labour Markets and Search I August 21, 2017 16:30 to 17:45 C4.02, ed. II Session Chair: Hitoshi Tsujiyama, Goethe University Frankfurt hitoshi.tsujiyama@hof.uni-frankfurt.de Explaining Job Polarization: The Role of Heterogeneity in Capital Intensity Presented by: Wan-Jung Cheng, Washington University in St. Louis A Pure Theory of Wage Dispersion Presented by: youzhi yang, Shanghai University of Finance and Economics Frictional Labor Markets, Education Choices and Wage Inequality Presented by: Hitoshi Tsujiyama, Goethe University Frankfurt Session 74: Large Data Methods in Forecasting August 21, 2017 16:30 to 17:45 C4.05, ed. II Session Chair: Jaqueson Galimberti, ETH Zurich galimberti@kof.ethz.ch Modelling Market Implied Ratings Using LASSO Variable Selection Techniques Presented by: Ping Zhang, University of Glasgow Extracting the Information Shocks from the Bank of England Inflation Density Forecasts Presented by: Carlos Diaz, University of Leicester Forecasting GDP growth from the outer space Presented by: Jaqueson Galimberti, ETH Zurich Session 75: Political Economy and Institutions August 21, 2017 16:30 to 17:45 AA2.26, Ala Autónoma Session Chair: Tommaso Orlando, Banca d'Italia tommaso.orlando@gmail.com The Effect of Party Geographic Scope on Government Outcomes: Evidence from Peruvian Municipalities Presented by: Ricardo Pique, Ryerson University Refuge and Refugee Migration: How Much of a Pull Factor Are Recognition Rates? Presented by: Nicolas Motz, Universidad Carlos III de Madrid Resistance to Institutions and Cultural Distance Brigandage in Post-Unification Italy, 1861-1865 Presented by: Tommaso Orlando, Banca d'Italia Session 76: School Choice Mechanisms August 21, 2017 16:30 to 17:45 C4.01, ed. II Session Chair: Robert Hammond, North Carolina State University robert_hammond@ncsu.edu Time-constrained School Choice Presented by: Li Chen, University of Gothenburg First-Choice Maximizing and First-Choice Stable School Choice Mechanisms Presented by: Umut Dur, North Carolina State University Sequential School Choice: Theory and Evidence from the Field and Lab Presented by: Robert Hammond, North Carolina State University Session 77: State Space and Filtering August 21, 2017 16:30 to 17:45 AA3.25, Ala Autónoma Session Chair: Paolo Gorgi, VU University Amsterdam p.gorgi@vu.nl Filtering with Confidence: In-sample Confidence Bands for GARCH Filters Presented by: Marcin Zamojski, University of Gothenburg A Data-Cleaning Augmented Kalman Filter for Robust Estimation of State Space Models Presented by: Martyna Marczak, University of Hohenheim Feasible Invertibility Conditions and Maximum Likelihood Estimation for Observation-Driven Models Presented by: Paolo Gorgi, VU University Amsterdam Session 78: Voting and Information Aggregation August 21, 2017 16:30 to 17:45 C5.01, ed. II Session Chair: Clemens Puppe, Karlsruhe Institute of Technology clemens.puppe@kit.edu A Generalisation of Feddersen and Pesendorfer (1998): Voting Under Ambiguity Presented by: Simona Fabrizi, University of Auckland Coarse Communication and Institution Design Presented by: Qinggong Wu, Chinese University of Hong Kong Robust Voting under Uncertainty Presented by: Takashi Ui, Hitotsubashi University The Single-Peaked Domain Revisited: A Simple Global Characterization Presented by: Clemens Puppe, Karlsruhe Institute of Technology Session 79: Productivity, Management and Innovation August 21, 2017 18:00 to 19:15 Aula Magna Session Chair: Philippe Aghion, College de France paghion@fas.harvard.edu Productivity, Management and Innovation Presented by: John Van Reenen, MIT Economics Department and Sloan School Session 80: Poster Session 1 August 22, 2017 9:00 to 17:45 Aula Magna Costless Capital Requirements Presented by: Raphael Flore, University of Cologne The Real Effect of the TARP Presented by: Yuki Takahashi, University of Bologna Non-Linear Effects of Fiscal Policy on the Yield Curve Presented by: Olivier Hubert, UNamur Minimum Wages and Solo Self-Employment - A Synthetic Control Group Approach Presented by: Angelika Ganserer, ZEW Centre for European Economic Research, Mannheim The Scars of Unemployment - Rising Unemployment endangers work-related Mental Health of People employed in same Occupation Presented by: Anna Katharina Pikos, Leibniz University of Hannover Culture and Labor Supply: Decline in Female Market Work in Turkey Presented by: So Kubota, Princeton University Session 81: Aspects of Financial Regulation August 22, 2017 9:00 to 10:15 C5.08, ed. II Session Chair: Diana Bonfim, Banco de Portugal dbonfim@bportugal.pt What's in a Name? Reputation and Monitoring in the Audit Market Presented by: Suraj Shekhar, University of Cape Town Deposit Insurance and Reinsurance Presented by: Volker Britz, ETH Zurich The importance of deposit insurance credibility Presented by: Diana Bonfim, Banco de Portugal Session 82: Central Banking I August 22, 2017 9:00 to 10:15 C4.08, ed. II Session Chair: Michael Ehrmann, European Central Bank michael.ehrmann@ecb.int Hawks and Doves at the FOMC Presented by: Louis Raes, Tilburg University FOMC Voting Behavior and Regional Banking Sector Instability Presented by: Tom Laehner, Leibniz Universität Hannover Starting from a blank page? Semantic similarity in central bank communication and market volatility Presented by: Michael Ehrmann, European Central Bank Session 83: Child-Bearing and Health August 22, 2017 9:00 to 10:15 Auditório Caiano Pereira, ed. I Session Chair: Gabriel Facchini, European University Institute gabriel.facchini@eui.eu The Impact of Scheduling Birth Early on Infant Health Presented by: Libertad González, Universitat Pompeu Fabra Gender-specific effects of economic conditions at birth on adulthood cardiovascular disease risk Presented by: Viola Angelini, University of Groningen Forgetting-by-not-doing: The Case of Surgeons and Cesarean Sections. Presented by: Gabriel Facchini, European University Institute Session 84: Corporate Governance August 22, 2017 9:00 to 10:15 C4.07, ed. II Session Chair: Bo Bian, London Business School bbian@london.edu The Performance Effects of Gender Diversity on Bank Boards Presented by: Judit Temesvary, Federal Reserve Board Board independence and the monitoring-advising trade-off Presented by: Patricia Crifo, U. Paris Ouest Nanterre La Défense and Polytechnique Government Ownership of Banks and Corporate Innovation Presented by: Bo Bian, London Business School Session 85: Factor Models August 22, 2017 9:00 to 10:15 C5.05, ed. II Session Chair: Matteo Luciani, Federal Reserve Board of Governors, Washington DC matteo.luciani@frb.gov Structural Factor Analysis of Interest Rate Pass Through in Four Large Euro Area Economies Presented by: Victor Bystrov, University of Lodz Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession Presented by: Nan Li, International Monetary Fund Oil price pass-through into core inflation Presented by: Matteo Luciani, Federal Reserve Board of Governors, Washington DC Session 86: Field Experiments August 22, 2017 9:00 to 10:15 C6.07, ed. II Session Chair: J Michelle Brock, European Bank for Reconstruction and Dev brockm@ebrd.com You are fired! Employees' Response to Work Norm Violations Presented by: Heiner Schumacher, KU Leuven Incentivizing Complex Problem Solving in Teams - Evidence from a Field Experiment Presented by: Stefan Grimm, LMU Munich Self-worth versus net worth: Image motivation and the quantity quality trade-off Presented by: J Michelle Brock, European Bank for Reconstruction and Dev Session 87: Household Consumption Models August 22, 2017 9:00 to 10:15 AA3.24, Ala Autónoma Session Chair: Joerg Stoye, Cornell University stoye@cornell.edu What Do You Buy When No One's Watching? Anonymity, Self-Service Checkouts and Sales in Retail Presented by: Andreas Olden, Norwegian School of Economics Do the Unemployed Pay Lower Prices? A Reassessment of the Value of Unemployment Insurance Presented by: Rodolfo Campos, Banco de España Revealed Price Preference: Theory and Stochastic Testing Presented by: Joerg Stoye, Cornell University Session 88: Inflation Expectations August 22, 2017 9:00 to 10:15 B2.01, ed. II Session Chair: Naohito Abe, Hitotsubashi University nabe@ier.hit-u.ac.jp Inflation Expectation Uncertainty, Inflation and the Output Gap Presented by: Torsten Schmidt, RWI The Anchoring of Inflation Expectations in the Short and in the Long Run Presented by: Dieter Nautz, Free University Berlin The Mechanism of Inflation Expectation Formation among Consumers Presented by: Naohito Abe, Hitotsubashi University Session 89: Migrants' Outcomes August 22, 2017 9:00 to 10:15 C6.10, ed. II Session Chair: Claudia Rei, Vanderbilt University claudia.rei@gmail.com Deprivation, enclaves, and socioeconomic classes of UK immigrants. Does English proficiency matter? Presented by: Yu Aoki, University of Aberdeen and IZA Democratic Involvement and Immigrants' Compliance with the Law Presented by: Michaela Slotwinski, Universität Basel Escaping Europe: Health and Human Capital of Holocaust Refugees Presented by: Claudia Rei, Vanderbilt University Session 90: Monetary Policy and Financial Frictions I August 22, 2017 9:00 to 10:15 B2.02, ed. II Session Chair: Patrick Feve, University of Toulouse I Capitole patrick.feve@tse-fr.eu Equity Premium and Monetary Policy in a Model with Limited Asset Market Participation Presented by: Lorant Kaszab, Central Bank of Hungary Macroprudential Policy in the New Keynesian World Presented by: Yulin Liu, ETH Zurich Financial Regulation and Shadow Banking: A DSGE Perspective Presented by: Patrick Feve, University of Toulouse I Capitole Session 91: Nutrition August 22, 2017 9:00 to 10:15 AA3.29, Ala Autónoma Session Chair: Stephanie von Hinke, University of Bristol S.vonHinke@bristol.ac.uk The causal impact of breakfast club provision on academic attainment Presented by: Christine Farquharson, Institute for Fiscal Studies Social comparison and eating disorders of young Americans Presented by: daniela iorio, university of Bologna The Response to Nutritional Labels: Evidence from a Quasi-Experiment Presented by: Stephanie von Hinke, University of Bristol Session 92: Retirement I August 22, 2017 9:00 to 10:15 AA2.23, Ala Autónoma Session Chair: Arthur Seibold, London School of Economics a.u.seibold@lse.ac.uk Closing routes to retirement: how do people respond? Presented by: Clara Welteke, DIW Does Partial Retirement Increase Labor Supply? -Evidence from a Structural Analysis Presented by: Songül Tolan, DIW Berlin Statutory Ages as Reference Points for Retirement: Evidence from Germany Presented by: Arthur Seibold, London School of Economics Session 93: Risk Taking August 22, 2017 9:00 to 10:15 C5.06, ed. II Session Chair: Gabriel Jimenez, Banco de España gabriel.jimenez@bde.es Reach for Yield in Investment Funds Presented by: Christoph Fricke, Deutsche Bundebank BANK RISK-TAKING AND CAPITAL REQUIREMENTS Presented by: Gabriel Jimenez, Banco de España Session 94: Taxation I August 22, 2017 9:00 to 10:15 C3.02, ed. II Session Chair: Bas Jacobs, Erasmus University Rotterdam bjacobs@ese.eur.nl The Intergenerational Causal Effect of Tax Evasion: Evidence from a Commuter Tax Allowance in Austria Presented by: Wolfgang Frimmel, University of Linz Estimating Taxable Income Responses with Elasticity Heterogeneity Presented by: Che-Yuan Liang, Uppsala University Why is the Long-Run Tax on Capital Income Zero? Explaining the Chamley-Judd Result Presented by: Bas Jacobs, Erasmus University Rotterdam Session 95: Technology Adoption August 22, 2017 9:00 to 10:15 C5.02, ed. II Session Chair: Stefano Carattini, Yale University s.carattini@lse.ac.uk Technology Treaties and Climate Change Presented by: Marie-Catherine Riekhof, ETH Zurich What drives social contagion in the adoption of solar photovoltaic technology? Presented by: Stefano Carattini, Yale University Session 96: Termination of Labor Contracts August 22, 2017 9:00 to 10:15 AA3.40, Ala Autónoma Session Chair: Katja Mann, University of Bonn katja.mann@uni-bonn.de Firing Costs, Employment and Misallocation. Evidence from Randomly{Assigned Judges Presented by: Omar Bamieh, Change in self-efficacy as a source of state dependence in labor market dynamics? Presented by: Alexander Mosthaf, University of Mainz Automation and Jobs: New Evidence From Patent Grant Texts Presented by: Lukas Püttmann, University of Bonn Session 97: The Origins of Conflicts I August 22, 2017 9:00 to 10:15 AA3.26, Ala Autónoma Session Chair: Stepan Jurajda, CERGE-EI stepan.jurajda@cerge-ei.cz Chasing the Key Player: A Network Approach to the Myanmar Civil War. Presented by: Andrea Di Miceli, University of California, Los Angeles Inequality and Conflict Intensification in Mandate Palestine Presented by: Laura Panza, University of Melbourne What's in a Name in a War Presented by: Stepan Jurajda, CERGE-EI Session 98: Unconventional Monetary Policies II August 22, 2017 9:00 to 10:15 C3.01, ed. II Session Chair: Alberto Musso, ECB musso@eui.eu Inside Money, Investment, and Unconventional Monetary Policy Presented by: Lukas Altermatt, University of Basel Versatile Forward Guidance: Escaping or Switching? Presented by: Martin Tischhauser, ETH Zurich The Macroeconomic Impact Of The ECB’s Expanded Asset Purchase Programme (APP) Presented by: Alberto Musso, ECB Session 99: Wages and Labor Markets August 22, 2017 9:00 to 10:15 AA2.25, Ala Autónoma Session Chair: Balázs Reizer, Centre for Economic and Regional Studies reizer.balazs@krtk.mta.hu Estimating gender wage gap in the presence of efficiency wages - evidence from European data Presented by: Katarzyna Bech, Warsaw School of Economics Has the wage Phillips curve changed in the euro area? Presented by: Guido Bulligan, Banca d'Italia Wage structure, employment and efficiency Presented by: Balázs Reizer, Centre for Economic and Regional Studies Session 100: Asset Pricing II August 22, 2017 9:00 to 10:15 C2.01, ed. II Session Chair: Christoffer Koch, Federal Reserve Bank of Dallas koch.christoffer@gmail.com When the Going Gets Tough: Durable Consumption and the Equity Premium Presented by: Myroslav Pidkuyko, University of Manchester Macro Uncertainty and the Term Structure of Risk Premium Presented by: Jules Tinang, Toulouse School of Economics The Rank Effect for Commodities Presented by: Christoffer Koch, Federal Reserve Bank of Dallas Session 101: Computational Economics: Theory and Application August 22, 2017 9:00 to 10:15 AA3.25, Ala Autónoma Session Chair: Niels Aka, DIW Berlin; FU Berlin naka@diw.de Dynamic Principal Agent Problems Presented by: Philipp Renner, Lancaster University Gradient improvement steps. Presented by: Pablo Winant, Bank of England How to Use Model Confidence Sets for Forecasting and Impulse Response Estimation and the Value of Model Averaging Presented by: Niels Aka, DIW Berlin; FU Berlin Session 102: Dynamics of Prices and Speculation August 22, 2017 9:00 to 10:15 C4.01, ed. II Session Chair: Manuel Santos, University of Miami m.santos2@miami.edu An Equilibrium Search Model of Fire Sales Presented by: Nuray Akin, Ozyegin University, School of Business Speculative Dynamics of Prices and Volume Presented by: Charles Nathanson, Northwestern University On the Dynamics of Speculation in a Model of Bubbles and Manias Presented by: Manuel Santos, University of Miami Session 103: Health, Wealth and Work August 22, 2017 9:00 to 10:15 AA2.26, Ala Autónoma Session Chair: Pascal St-Amour, University of Lausanne Pascal.St-Amour@unil.ch The Impact of Paid Maternity Leave on Maternal Health Presented by: Meghan Skira, University of Georgia Parental Leave Reforms: Consequences for Birth Spacing, Household and Child Outcomes Presented by: Rita Ginja, Uppsala University Closing Down the Shop: Optimal Health and Wealth Dynamics near the End of Life Presented by: Pascal St-Amour, University of Lausanne Session 104: Heterogeneous Agents August 22, 2017 9:00 to 10:15 AA2.24, Ala Autónoma Session Chair: Vincent Sterk, University College London v.sterk@ucl.ac.uk Tax evasion as contingent debt Presented by: Xavier Mateos-Planas, Queen Mary University of London Endogenous Skill Upgrading and Labor Income Inequalities Presented by: Guanyi Yang, Ohio State University The Nature of Firm Growth Presented by: Vincent Sterk, University College London Session 105: Inference on the Dynamic Parameters in Panel Autoregressions August 22, 2017 9:00 to 10:15 C4.02, ed. II Session Chair: Samuel Sender, Tilburg University samuel.j.sender@gmail.com Quasi ML estimation of the panel AR(1) model with additional regressors Presented by: Hugo Kruiniger, University of Durham Heteroskedasticity-robust unit root testing for trending panels Presented by: Simone Maxand, University of Goettingen Dynamic Kernel Least Square: Parsimonious one-step semi-parametric estimation of the cointegrated model Presented by: Samuel Sender, Tilburg University Session 106: Information Acquisition and Price Discovery August 22, 2017 9:00 to 10:15 C6.02, ed. II Session Chair: Wolfgang Gick, IFN Stockholm and Free U Bolzano wolfgang.gick@unibz.it Relative Spread and Price Discovery Presented by: Eric Aldrich, University of California, Santa Cruz Who Acquires Information in Dealer Markets? Presented by: Jesper Rudiger, University of Copenhagen 'De-Biasing' By Strategic Disclosure Presented by: Wolfgang Gick, IFN Stockholm and Free U Bolzano Session 107: Macroeconomics of Inequality August 22, 2017 9:00 to 10:15 C6.01, ed. II Session Chair: Marnix Amand, Universite de Lausanne - HEC Lausanne marnix.amand@gmail.com Capital-Skill Complementarity and Inequality: Twenty Years After Presented by: Inna Tsener, University of Alicante Pareto distributions and (very) imperfect data Presented by: Marnix Amand, Universite de Lausanne - HEC Lausanne Session 108: Methodological Aspects on Household Models August 22, 2017 9:00 to 10:15 C4.05, ed. II Session Chair: Christine Valente, University of Bristol christine.valente@bristol.ac.uk It's complicated: A Nonparametric Test of Preference Stability between Singles and Couples Presented by: Stefan Hubner, University of Oxford The Dynamic Properties of Economic Preferences Presented by: Nicolas Salamanca, University of Melbourne Identifying Budget Shares in Collective Households Using Panel Data Presented by: Christine Valente, University of Bristol Session 109: Optimal Fiscal Policy August 22, 2017 9:00 to 10:15 C6.08, ed. II Session Chair: Isaac Gross, University of Oxford isaac.gross@economics.ox.ac.uk Consumption Smoothing and Shock Persistence: Optimal Simple Fiscal Rules for Commodity Exporters Presented by: Arthur Mendes, PUC-Rio Effects of Fiscal Consolidations in Latin America Presented by: Andre Diniz, Sao Paulo School of Economics - FGV Commodity Price Volatility with Endogenous Natural Resources Presented by: Isaac Gross, University of Oxford Session 110: Panel Data and Factor Models August 22, 2017 9:00 to 10:15 C2.02, ed. II Session Chair: Annika Schnücker, DIW Berlin aschnuecker@diw.de Limiting Local Powers and Power Envelopes of Panel AR and MA Unit Root Tests and Panel Stationarity Tests Presented by: Katsuto Tanaka, Gakushuin University Panel Data with Cross-Sectional Dependence Characterized by a Multi-Level Factor Structure Presented by: Carlos Rodríguez Caballero, Universidad Carlos III de Madrid Penalized Estimation of Panel VARs: A Lasso Approach Presented by: Annika Schnücker, DIW Berlin Session 111: Policy, Regulation and Banking August 22, 2017 9:00 to 10:15 AA3.28, Ala Autónoma Session Chair: Rafael Repullo, CEMFI repullo@cemfi.es Risk-Taking Channel of Unconventional Monetary Policies in Bank Lending Presented by: Koji Takahashi, Bank of Japan Liquidity creation and bank capital requirements Presented by: Stephan Luck, Federal Reserve Board Markets, Banks and Shadow Banks Presented by: Rafael Repullo, CEMFI Session 112: Volatily Models August 22, 2017 9:00 to 10:15 AA2.28, Ala Autónoma Session Chair: Manabu Asai, Soka University m-asai@soka.ac.jp The Volatility-of-Volatility Term Structure Presented by: Alexander Kraftschik, Finance Center Muenster Realized Matrix-Exponential Stochastic Volatility with Asymmetry, Long Memory and Spillovers Presented by: Manabu Asai, Soka University Session 113: Bargaining and Hold-Up August 22, 2017 9:00 to 10:15 AA3.23, Ala Autónoma Session Chair: Nenad Kos, Bocconi University nenad.kos@unibocconi.it Decentralized One-to-Many Bargaining Presented by: Duozhe Li, The Chinese University of Hong Kong Finite Horizon Holdup and How to Cross the River Presented by: Simon Martin, University of Vienna Competing for Surplus in a Trade Environment Presented by: Nenad Kos, Bocconi University Session 114: Advances in Econometrics August 22, 2017 10:45 to 12:45 Aud. B1.04, ed. II Session Chair: Rosa Matzkin, University of California Los Angeles matzkin@econ.ucla.edu Session 115: Advances in Economic Theory August 22, 2017 10:45 to 12:45 Aud. B2.03, ed. II Session Chair: Stephen Morris, Princeton University smorris@princeton.edu Session 116: Advances in Macroeconomics August 22, 2017 10:45 to 12:45 Aud. J.J. Laginha, ed. I Session Chair: Kjetil Storesletten, University of Oslo kjetil.storesletten@gmail.com Session 117: Behavioral Industrial Organisation and Consumer Protection August 22, 2017 10:45 to 12:45 Aud. B1.03, ed. II Session Chair: Botond Kőszegi, Central European University eeabk@eeassoc.org Perverse Effects of Consumer Protection Presented by: Mark Armstrong, University of Oxford Behavioral Consumers and Health Care Markets: Methodology and Applications Presented by: Ben Handel, UC Berkeley Browsing versus Studying Offers Presented by: Paul Heidhues, Heinrich Heine Universität Düsseldorf Session 118: Cities: Sorting, Inequality and Growth August 22, 2017 10:45 to 12:45 Aud. B2.04, ed. II Session Chair: Diego Puga, CEMFI diego.puga@cemfi.es Highway, Market Access and Spatial Sorting Presented by: Frédéric Robert-Nicoud, HEC Lausanne Why Has Urban Inequality Increased? Presented by: Nathaniel Baum-Snow, Rotman School of Management, University Urban Growth and its Aggregate Implications Presented by: Diego Puga, CEMFI Session 119: Financial Globalisation and International Financial Crises August 22, 2017 10:45 to 12:45 Grande Auditório, ed. II Session Chair: Keyu Jin, London School of Economics eeakj@eeassoc.org International Financial Networks and Cross Country Macroeconomic Spillovers Presented by: Michael Devereux, University of British Columbia Exchange Rate Disconnect in General Equilibrium Presented by: Oleg Itskhoki, Princeton University Private Leverage and Sovereign Default Presented by: Yan Bai, University of Rochester Optimal Domestic (and External) Sovereign Default Presented by: Enrique Mendoza, University of Pennsylvannia Session 120: The Economic Integration and Impact of Refugees: Lessons from Europe and the USA August 22, 2017 10:45 to 12:45 Aud. 4, ed. I Session Chair: Anna Maria Mayda, Georgetown University amm@eeassoc.org Labor Market Integration of Refugees to the U.S: Do Entrepreneurs in the Network Help? Presented by: Jean-Francois Maystadt, Lancaster University The European Refugee Crisis - Preliminary Results from a Survey of Asylum Seekers in Italy and Greece Presented by: Quy Toan-Do, World Bank The Impact of Refugees on U.S. Labor Markets: Evidence from a Quasi-Experimental Dispersal Policy Presented by: Mathias Wagner, Boston College Session 121: Inequality and the Distributional Impact of Macroeconomic Policies (session organised by ECB) August 22, 2017 13:00 to 14:00 Grande Auditório, ed. II Session Chair: Mariacristina De Nardi, UCL, Federal Reserve Bank of Chicago, CE m.denardi@ucl.ac.uk Presented by: Vitor Constâncio, European Central Bank Presented by: Vítor Gaspar, IMF Presented by: Per Krusell, Institute for International Economic Studies, Stockholm University Presented by: Kjetil Storesletten, University of Oslo Session 122: Women in Economics: Career in Academia in the EU and in the US August 22, 2017 13:00 to 14:00 Aud. B1.03, ed. II Session Chair: Emmanuelle Auriol, Toulouse School of Economics (TSE) emmanuelle.auriol@tse-fr.eu Presented by: Guido Friebel, Goethe Universität Frankfurt Presented by: Janet Currie, Princeton University Session 123: (Un)ethical Behavior I August 22, 2017 14:15 to 16:00 AA3.40, Ala Autónoma Session Chair: Jannis Engel, Karlsruhe Institute of Technology(KIT) jannis.engel@kit.edu Lying opportunities and incentives to lie: Reference dependence versus reputation Presented by: Florian Kerzenmacher, Frankfurt School of Finance & Management The Effect of Pledges on Lying: an Online Experiment Presented by: Franziska Heinicke, Utrecht University Shared Ethical Concerns Presented by: NICOLAS BONNETON, TOULOUSE SCHOOL OF ECONOMICS A Little Good is Good Enough: Ethical Consumption, Cheap Excuses, and Moral Self-Licensing Presented by: Jannis Engel, Karlsruhe Institute of Technology(KIT) Session 124: Asset Pricing: Theory and Applications I August 22, 2017 14:15 to 16:00 C5.06, ed. II Session Chair: Rüdiger Weber, Goethe University ruediger.weber@hof.uni-frankfurt.de Asset Pricing in Production Economies when Capital Inputs are Heterogeneous Presented by: Nikolai Gräber, University of Muenster Understanding Coskewness Risk Presented by: Iman Honarvar, Maastricht University Art Portfolios Presented by: Christophe Spaenjers, HEC Paris Implied Volatility Duration and the Early Resolution Premium Presented by: Rüdiger Weber, Goethe University Session 125: Business Cycles: Impulses and Propagation II August 22, 2017 14:15 to 16:00 AA3.29, Ala Autónoma Session Chair: Martin Seneca, Bank of England martin.seneca@bankofengland.co.uk Productivity Growth over the Business Cycle: Cleansing Effects of Recessions Presented by: Jeroen Van den bosch, KU Leuven Uncertainty Shocks and the Relative Price of Investment Goods Presented by: Munechika Katayama, Waseda University Time Variation in Rates of Depreciation and Price Change for Personal Computers Presented by: Eugenio Pinto, Federal Reserve Board Risk shocks close to the zero lower bound Presented by: Martin Seneca, Bank of England Session 126: Central Banking II August 22, 2017 14:15 to 16:00 AA2.25, Ala Autónoma Session Chair: Roland Meeks, Bank of England roland.meeks@gmail.com Joining the Dots: The FOMC and the future path of policy rates Presented by: Rebecca Stuart, Central Bank of Ireland In Fed Watchers' Eyes: Hawks, Doves and Monetary Policy Presented by: Klodiana Istrefi, Banque de France The origins of monetary policy disagreement: the role of supply and demand shocks Presented by: Carlos Madeira, Central Bank of Chile Should banks be central to central banking? Optimal monetary policy in the euro area Presented by: Roland Meeks, Bank of England Session 127: Cities and Growth August 22, 2017 14:15 to 16:00 2E08, ed. I Session Chair: Alessandra Fogli, Minneapolis Federal Reserve Bank afogli@umn.edu Rural exodus and fertility at the time of industrialization Presented by: Robert Stelter, Max Planck Institute for Demographic Research Frictions in the corporate real-estate market, firms' relocation and employment Presented by: Simon Ray, Banque de France;Aix-Marseille University Of Cities and Slums Presented by: Pedro Cavalcanti Ferreira, Fundação Getulio Vargas A Tale of Two Americas: The Evolution of Innovation Networks across US Cities Presented by: Alessandra Fogli, Minneapolis Federal Reserve Bank Session 128: Denomination and Political Risk in Sovereign Debt August 22, 2017 14:15 to 16:00 2E03, ed. I Session Chair: Laura Sunder-Plassmann, University of Copenhagen lsunderplassmann@gmail.com Limited arbitrage in the market for local currency emerging market debt Presented by: Nicola Borri, LUISS University The Impact of Bailouts and Conditionality on Political Turnover and Sovereign Default Risk Presented by: Timm Marc Prein, University of Konstanz Sovereign Default, Political Instability and Political Fragmentation Presented by: Antonio Cusato Novelli, Universidad del Pacifico Inflation, default and sovereign debt: The role of denomination and ownership Presented by: Laura Sunder-Plassmann, University of Copenhagen Session 129: Development Economics: Crime and Conflict August 22, 2017 14:15 to 16:00 C5.05, ed. II Session Chair: Giacomo Ponzetto, CREI, U. Pompeu Fabra, IPEG, & Barcelona gponzetto@crei.cat The Impact of Conflict Displacement on Education and Labor Market Outcomes: The Case of Post-War Kosovo Presented by: Iva Trako, Paris School of Economics The Fire-Armed Police Effect: Evidence from a Quasi-Natural Experiment in Brazil Presented by: Andre Portela Souza, Sao Paulo School of Economics Resource Allocation within Business Groups and Social Stability Presented by: Haikun Zhu, Tilburg University Securing Property Rights Presented by: Giacomo Ponzetto, CREI, U. Pompeu Fabra, IPEG, & Barcelona Session 130: Economic Growth and Firm Dynamics August 22, 2017 14:15 to 16:00 C4.08, ed. II Session Chair: Benjamin Bental, University of Haifa bbental@econ.haifa.ac.il Mergers and acquisitions, heterogeneous innovations, patenting and economic growth Presented by: Galina Besstremyannaya, Centre for Economic and Financial Research at New Economic School The increasing presence of large firms and its consequences for US startup rates Presented by: Niklas Garnadt, University of Mannheim The Effect of Policy Uncertainty on Investment Plans: Evidence from the Unexpected Acceptance of a Far-Reaching Referendum in Switzerland Presented by: Jan-Egbert Sturm, ETH Zurich Hierarchies and Economic Growth Presented by: Benjamin Bental, University of Haifa Session 131: Estimating Fiscal Multipliers August 22, 2017 14:15 to 16:00 AA2.23, Ala Autónoma Session Chair: Bruno Carvalho, NovaSBE - UNL bmpcarvalho@gmail.com Discretionary tax changes and the underground economy: new narrative evidence for Italy Presented by: Giulia Aliprandi, Banque de France and Paris School of Economics The Macroeconomic Effects of Income and Consumption Tax Changes Presented by: Anh Nguyen, Bank of Lithuania Subsidising car purchases in teh euro area: Any spill-over on production? Presented by: Joan Paredes, European Central Bank Finding a Local Fiscal Multiplier: Do local elections matter in Portugal? Presented by: Bruno Carvalho, NovaSBE - UNL Session 132: Firms Access to Credit and Management August 22, 2017 14:15 to 16:00 C4.07, ed. II Session Chair: Na Zhang, Fudan Unviersity nazhangv@gmail.com Dollar Funding and Firm-Level Exports Presented by: Guillaume Horny, Banque de France SMEs’ financing: divergence across Euro area countries? Presented by: Frédérique Savignac, Banque de France The Interest Sensitivity of Corporate Cash Presented by: Na Zhang, Fudan Unviersity Session 133: Firms in International Trade August 22, 2017 14:15 to 16:00 2E07, ed. I Session Chair: Leif Danziger, Ben-Gurion University danziger@bgu.ac.il Old Firms and New Products: Does Experience Improve Survival Presented by: Martina Lawless, Economic and Social Research Institute Heterogeneous Consumers Matching Heterogeneous Firms in Monopolistic Competition Presented by: Shamil Sharapudinov, National Research University Higher School of Economics Anti-Dumping Duties and their Heterogeneous Effect on Chinese Exporters Presented by: Alexander-Nikolai Sandkamp, University of Munich and Ifo Institute Uncertainty and the Choice of Export Destinations Presented by: Leif Danziger, Ben-Gurion University Session 134: Functioning of Labor Markets at Different Ages August 22, 2017 14:15 to 16:00 B2.01, ed. II Session Chair: Andreea Minea, Sciences Po andreea.minea@sciencespo.fr Happy Birthday, You're Fired! The Effects of an Age-Dependent Minimum Wage on Youth Employment Flows in the Netherlands Presented by: Jan Kabatek, The University of Melbourne A Trap for Some, a Stepping Stone for Others: Low-Pay Duration and Transitions out of Low Pay Among Young Labor Market Entrants Presented by: Francisco Lima, Instituto Superior Técnico, Universidade de Lisboa Wage flexibility of older workers and the role of institutions - evidence from the German LIAB data set Presented by: Martin Kerndler, University of Vienna The Difficult School-to-Work Transition Of High School Dropouts: Evidence From A Field Experiment Presented by: Andreea Minea, Sciences Po Session 135: Growth and Development II August 22, 2017 14:15 to 16:00 C3.02, ed. II Session Chair: Lucciano Villacorta, Central Bank of Chile lucciano.villacorta@gmail.com Corruption and Firms Presented by: Emanuele Colonnelli, Stanford University Political Donations and the Allocation of Public Procurement Contracts Presented by: Vitezslav Titl, University of Leuven Estimating Returns to Capital and Ability: Evidence from a Natural Experiment Presented by: Po Yin Wong, NHH Norwegian School of Economics Investment Demand and Structural Change Presented by: Lucciano Villacorta, Central Bank of Chile Session 136: Impact of Education August 22, 2017 14:15 to 16:00 B2.02, ed. II Session Chair: Lisa Simon, University of Munich and ifo Institute simon@ifo.de Health Impacts of Shortening Higher Secondary Education in Germany Presented by: Andrea Muehlenweg, WifOR Education and emigration intentions: Evidence from a natural experiment in Turkey Presented by: Zahide Gevrek, University of Konstanz Heterogeneous Effects of Education on Health Presented by: Silvia Barcellos, University of Southern California Which skill signals do employers value? Experimental evidence from German HR managers Presented by: Lisa Simon, University of Munich and ifo Institute Session 137: Information in Markets August 22, 2017 14:15 to 16:00 Auditório 0NE01, ed. I Session Chair: Karl Schlag, University of Vienna karl.schlag@univie.ac.at Transparency and Delay in Bargaining Presented by: Deepal Basak, Indian School of Business Lemons versus Collusion Presented by: Colin von Negenborn, Humboldt University Berlin How to Boost revenues in First-Price Auctions? The Magic of Disclosing Only Winning Bids from Past Auctions Presented by: Peter Katuscak, RWTH Aachen Robust Bidding in First-Price Auctions: How to Bid without Knowing what Others are Doing Presented by: Karl Schlag, University of Vienna Session 138: International Financial Markets August 22, 2017 14:15 to 16:00 C5.08, ed. II Session Chair: Yalin Gunduz, Deutsche Bundesbank yalin.gunduz@bundesbank.de Investment Shocks and Asset Prices: International Evidence Presented by: Ruchith Dissanayake, University of Alberta Stock exchange consolidation and cross-border investment: an empirical assessment Presented by: Maela Giofré, University of Torino, CeRP-Collegio Carlo Alberto and Netspar Agreeing on Disagreement: Heterogeneity or Uncertainty? Presented by: Remco Zwinkels, Vrije Universiteit Amsterdam Bank Use of Sovereign CDS in the Eurozone Crisis: Hedging and Risk Incentives Presented by: Yalin Gunduz, Deutsche Bundesbank Session 139: Monetary Policy Design I August 22, 2017 14:15 to 16:00 C6.10, ed. II Session Chair: Sofia Bauducco, Central Bank of Chile sbauducco@bcentral.cl Inflation target expectations, transparency and monetary policy Presented by: Marcel Ribeiro, Sao Paulo School of Economics - FGV Monetary Policy Tradeoffs Between Financial Stability and Price Stability Presented by: Alexander Ueberfeldt, Bank of Canada Wicksellian rules and the Taylor principle: some practical implications Presented by: Sofia Bauducco, Central Bank of Chile Session 140: Public Goods August 22, 2017 14:15 to 16:00 C5.02, ed. II Session Chair: Clive Fraser, University of Leicester cdf2@le.ac.uk The Impact Of Endowment And Institution Formation On The Contribution To Public Goods Presented by: Maximilian Meinicke, University of Rostock Lift or Shift: Do fundraising interventions increase voluntary contributions to public goods? Presented by: Sarah Smith, University of Bristol Corruption and Cooperation Presented by: Justin Buffat, University of Cologne Safety in Numbers? Self-Protection as a Local Public Good Presented by: Clive Fraser, University of Leicester Session 141: Real-Estate Markets August 22, 2017 14:15 to 16:00 C6.07, ed. II Session Chair: Alina Arefeva, Johns Hopkins Carey Business School alina.arefeva@gmail.com Rental market underdevelopment in Central Europe: Micro (Survey) and Macro (DSGE) perspective Presented by: Michal Rubaszek, Warsaw School of Economics How (Un)affordable Is Housing? 500 Years of Housing Rents, Quality and Affordability in European Cities Presented by: Matthijs Korevaar, Maastricht University Does Behavioral Bias Affect Housing Rental Prices? Evidence from a Policy Reform in Germany Presented by: Eva Berger, University Mainz How to Set a Deadline for Auctioning a House Presented by: Alina Arefeva, Johns Hopkins Carey Business School Session 142: Regulation of Product Markets August 22, 2017 14:15 to 16:00 AA3.24, Ala Autónoma Session Chair: Flavio Toxvaerd, University of Cambridge fmot2@cam.ac.uk Spatial Competition with Demand Uncertainty: A Laboratory Experiment Presented by: Aurélie Bonein, University Rennes 1 DISINCENTIVE REGULATION: EVIDENCE FOR THE RATCHET EFFECT Presented by: Michael Hellwig, ZEW Mannheim Regulating Cancellation Rights with Consumer Experimentation Presented by: Sergey Turlo, Goethe University Frankfurt Regulatory Competition Presented by: Flavio Toxvaerd, University of Cambridge Session 143: Social Preferences II August 22, 2017 14:15 to 16:00 AA3.26, Ala Autónoma Session Chair: Florian Hett, Goethe University Frankfurt hett@econ.uni-frankfurt.de Cognitive Anchor in Other-Regarding Preferences: An Axiomatic Approach Presented by: Yosuke Hashidate, The University of Tokyo Social preferences revisited: a theoretical approach Presented by: Pauline Vorjohann, Humboldt University of Berlin Too Lucky to be True: Fairness views under the shadow of cheating Presented by: Stefania Bortolotti, University of Cologne Choosing Who You Are: The Structure and Behavioral Effects of Revealed Identification Preferences Presented by: Florian Hett, Goethe University Frankfurt Session 144: The Political Economy of Voting and Electoral Competition August 22, 2017 14:15 to 16:00 C3.01, ed. II Session Chair: Andrea Mattozzi, European University Institute Andrea.Mattozzi@eui.eu On the electoral effectiveness of pre-election policy promises Presented by: Matteo Alpino, University of Oslo The Microfoundations of Grassroots Mobilization: Evidence From the Laboratory Presented by: Pedro Robalo, Max Planck Institute for Research on Collective Goods Do Party Positions Change the Public’s Policy Preferences? Evidence from Representative Survey Experiments Presented by: Elisabeth Grewenig, Voter Turnout with Peer Punishment Presented by: Andrea Mattozzi, European University Institute Session 145: Trade Response to Exchange Rate Changes August 22, 2017 14:15 to 16:00 Auditório Caiano Pereira, ed. I Session Chair: Laura Alfaro, Harvard Business School lalfaro@hbs.edu Relative Prices, Hysteresis, and the Decline of American Manufacturing Presented by: Douglas Campbell, New Economic School Disentangling the Effects on Trade: Different Characteristics for Different Fixed Exchange Rate Regimes Presented by: Laura Lebastard, Universite Paris Sud Exchange Rate Volatility, Exports and Global Value Chains Presented by: Kiyotaka Sato, Yokohama National University/ Edith Cowan University The Real Exchange Rate, Innovation and Productivity: A Cross-country Firm-level Analysis Presented by: Laura Alfaro, Harvard Business School Session 146: Adaptive Learning August 22, 2017 14:15 to 16:00 C4.05, ed. II Session Chair: Sergey Slobodyan, Higher School of Economics, St Petersburg, and CERGE-EI, Prague Sergey.Slobodyan@cerge-ei.cz Aggregate Persistence In An Estimated DSGE Model With Real-Time Learning Presented by: Jesús Vázquez, Universidad del País Vasco (UPV/EHU) E-stability That Does Imply Learnability Presented by: Dmitri Kolyuzhnov, IEIE SB RAS, Novosibirsk State University, Higher School of Economics - St.Petersburg, CERGE-EI Learning with data (quasi-)differencing Presented by: Pei Kuang, University of Birmingham Adaptive learning and survey expectations of inflation Presented by: Sergey Slobodyan, Higher School of Economics, St Petersburg, and CERGE-EI, Prague Session 147: Bounds and Set Estimation August 22, 2017 14:15 to 16:00 AA3.23, Ala Autónoma Session Chair: Andrew Chesher, University College London andrew.chesher@ucl.ac.uk Confidence Intervals for Projections of Partially Identified Parameters Presented by: Joerg Stoye, Cornell University Uncertain Identification Presented by: Toru Kitagawa, University College London Measurement Error without Exclusion: the Returns to College Selectivity and Characteristics Presented by: Karim Chalak, University of Virginia Incomplete English Auction Models with Heterogeneity Presented by: Andrew Chesher, University College London Session 148: Communication and Information Transmission August 22, 2017 14:15 to 16:00 C5.07, ed. II Session Chair: Stephan Lauermann, University of Bonn s.lauermann@uni-bonn.de Ambiguous communication: an experimental analysis Presented by: Christian Kellner, University of Southampton The limits of communication - Incomplete Contracting under Uncertainty Presented by: Jan Schmitz, ETH Zürich Costly Advice Presented by: Stephan Lauermann, University of Bonn Session 149: Contract Theory II August 22, 2017 14:15 to 16:00 C6.02, ed. II Session Chair: Florian Hoffmann, University of Bonn fhoffmann@uni-bonn.de UI Eligibility Rule, Moral Hazard, and Optimal Unemployment Transfer Scheme Presented by: Min Zhang, East China Normal University Existence of Optimal Deterministic Contracts in Moral Hazard Problems Presented by: Xinyi XU, The Chinese University of Hong Kong Optimal team composition and the Apollo effect Presented by: Paul Schweinzer, Alpen-Adria-University Klagenfurt Only Time Will Tell: A Theory Of Deferred Compensation And Its Regulation Presented by: Florian Hoffmann, University of Bonn Session 150: Empirics of Decision Making August 22, 2017 14:15 to 16:00 AA3.25, Ala Autónoma Session Chair: Kfir Eliaz, Tel-Aviv University kfire@post.tau.ac.il Test-Retest Reliability of Subjective Survival Expectations Presented by: Jochem de Bresser, Tilburg University Complexity and Sophistication Presented by: Leandro Carvalho, University of Southern California Empirical Evidence of Anchoring Effect in Real Litigation Presented by: Kong-Pin Chen, Academia Sinica Limited Attention, Salience and Changing Prices: Evidence from a Field Experiment in Online Supermarket Shopping. Presented by: Kfir Eliaz, Tel-Aviv University Session 151: Fiscal Policy and Labor Markets August 22, 2017 14:15 to 16:00 C4.02, ed. II Session Chair: Wei Jiang, University of Kent w.jiang@kent.ac.uk Fiscal Policy and Occupational Employment Dynamics Presented by: Roland Winkler, TU Dortmund University Fiscal Consolidation in a Low Inflation Environment: Pay Cuts versus Lost Jobs Presented by: Eugenia Vella, University of Sheffield Fiscal consolidation and inequality Presented by: Pedro Brinca, NovaSBE Targeted fiscal policy to increase employment and wages of unskilled workers Presented by: Wei Jiang, University of Kent Session 152: Hypothesis Testing August 22, 2017 14:15 to 16:00 C4.01, ed. II Session Chair: Gabriele Fiorentini, University of Florence fiorentini@disia.unifi.it Sequential testing with uniformly distributed size Presented by: Stanislav Anatolyev, CERGE-EI and New Economic School Testing Overidentifying Restrictions When The True Parameter Vector Is Near Or At The Boundary Of The Parameter Space Presented by: Philipp Ketz, Paris School of Economics Impossible Inference in Econometrics: Theory and Applications to Regression Discontinuity, Bunching, and Exogeneity Tests Presented by: Marinho Bertanha, University of Notre Dame Specification tests for non-Gaussian maximum likelihood estimators Presented by: Gabriele Fiorentini, University of Florence Session 153: Income Distribution, Inequality and Poverty August 22, 2017 14:15 to 16:00 C6.08, ed. II Session Chair: Laurence Roope, University of Oxford laurence.roope@dph.ox.ac.uk Fertility choice, the intergenerational transmission of capital, and inequality Presented by: Bassel Tarbush, University of Oxford Investment Opportunities and the Sources of Lifetime Inequality Presented by: Ivan Vidangos, Federal Reserve Board Inequality and Growth: Industry-Level Evidence Presented by: Lisardo Erman, Osnabrück University Critical percentiles for equalizing growth Presented by: Laurence Roope, University of Oxford Session 154: International Trade I August 22, 2017 14:15 to 16:00 C2.01, ed. II Session Chair: Joseph Mai, Tongji Unversity josephm@tongji.edu.cn Knowledge Di ffusion and Trade Across Countries and Sectors Presented by: Nan Li, International Monetary Fund International Value-Added Linkages in Development Accounting Presented by: Robert Zymek, University of Edinburgh Comparative Advantage, Competition, and Firm Heterogeneity Presented by: Hanwei Huang, London School of Economics/Centre for Economic performance Tariff Cooperation in Free Trade Areas Presented by: Joseph Mai, Tongji Unversity Session 155: Measurement Error August 22, 2017 14:15 to 16:00 C5.01, ed. II Session Chair: Daniel Wilhelm, University College London d.wilhelm@ucl.ac.uk Inference on distribution functions under measurement error Presented by: Taisuke Otsu, London School of Economics Inference on Local Average Treatment Effects for Misclassified Treatment Presented by: Takahide Yanagi, Hitotsubashi University Testing for the Presence of Measurement Error Presented by: Daniel Wilhelm, University College London Uniform confidence bands for deconvolution with unknown error distribution Presented by: Kengo Kato, University of Tokyo Session 156: Revealed Preference August 22, 2017 14:15 to 16:00 C2.02, ed. II Session Chair: Matthew Polisson, University of St Andrews matthew.polisson@st-andrews.ac.uk Set Estimation of an Unknown Error Rate using Random Revealed Preferences Presented by: Aluma Dembo, University of California, Berkeley Revealed preference and identification Presented by: Leandro Gorno, FGV/EPGE - Escola Brasileira de Economia e Finanças Revealed preferences over risk and uncertainty Presented by: Matthew Polisson, University of St Andrews Session 157: Risk Premium, Risk Shocks and Bank Lending August 22, 2017 14:15 to 16:00 C5.09, ed. II Session Chair: Yingnan Zhao, University of Zurich yingnan.zhao@econ.uzh.ch Term Premium, Credit Risk Premium, and Monetary Policy Presented by: Andrea Ajello, Federal Reserve Board Risk Shocks, Liquidity and Investment Presented by: Jonathan Goldberg, Federal Reserve Board Bank lending and firm dynamics in general equilibrium Presented by: Yingnan Zhao, University of Zurich Extensive Margin Adjustment of Multi-Product firms and Risk Diversification Presented by: Gee Hee Hong, IMF Session 158: Search and Matching August 22, 2017 14:15 to 16:00 C4.06, ed. II Session Chair: Arthur Fishman, bar ilan university arthur.fishman@gmail.com Learning Through Search Presented by: Christian Krestel, Aalto University Marital Matching, Economies of Scale and Intrahousehold Allocations Presented by: Khushboo Surana, University of Leuven Deceptive Products and Competition in Search Markets Presented by: Tobias Gamp, University College London Learning Match Quality Presented by: Arthur Fishman, bar ilan university Session 159: Selection and Race in Voting and Public Services August 22, 2017 14:15 to 16:00 AA2.24, Ala Autónoma Session Chair: Mirco Tonin, University of Bozen mirco.tonin@unibz.it What Led to the Ban on Same-Sex Marriage in California?: Structural Estimation of Voting Data on Proposition 8 Presented by: Vardges Levonyan, ETH Zurich Sustaining Honesty in Public Service: The Role of Selection Presented by: Nikolaj Harmon, University of Copenhagen Does the election of a female leader clear the way for more women in politics? Presented by: Thushyanthan Baskaran, University of Siegen Racial Discrimination in Local Public Services: A Field Experiment in the US Presented by: Mirco Tonin, University of Bozen Session 160: Structural Transformation and Development August 22, 2017 14:15 to 16:00 AA2.26, Ala Autónoma Session Chair: Nathaniel Lane, Institute for International Economic Std nathaniel.lane@iies.su.se Geography and Agricultural Productivity: Cross-Country Evidence from Micro Plot-Level Data Presented by: Diego Restuccia, University of Toronto Agricultural Productivity and Deforestation in Brazil Presented by: Dimitri Szerman, PUC-Rio/CPI Firms and Farms: The Impact of Agricultural Productivity on the Local Indian Economy Presented by: Gabriella Santangelo, Cambridge University Manufacturing Revolutions - Industrial Policy and Networks in South Korea Presented by: Nathaniel Lane, Institute for International Economic Std Session 161: Systematic Risk and Corporate Finance August 22, 2017 14:15 to 16:00 AA3.28, Ala Autónoma Session Chair: Christian Hellwig, Toulouse School of Economics christian.hellwig@tse-fr.eu Gilded Bubbles Presented by: David Perez-Reyna, Universidad de los Andes Securities Lending as Wholesale Funding: Evidence from the US Life Insurance Industry Presented by: Nathan Foley-Fisher, Federal Reserve Board of Governors Banks' Liquidity Management and Systemic Risk Presented by: Ettore Panetti, Banco de Portugal Risk-taking, rent-seeking and investment when financial markets are noisy Presented by: Christian Hellwig, Toulouse School of Economics Session 162: Wealth, Investment and Households August 22, 2017 14:15 to 16:00 C6.01, ed. II Session Chair: Xin Zhang, Sveriges Riksbank xzhang0125@gmail.com How Does Consumption Respond to Transitory Income Shocks? Generalizing Structural Approaches Presented by: Jeanne Commault, Ecole Polytechnique The Individualization of Wealth. Evidence from France Presented by: Marion Leturcq, Ined Financial Literacy, Inclusion and Awareness Presented by: Kamlesh Kumar, Durham University Business School House Prices, Home Equity and Personal Debt Composition Presented by: Xin Zhang, Sveriges Riksbank Session 163: Topics in Dynamic Modelling August 22, 2017 14:15 to 16:00 AA2.28, Ala Autónoma Session Chair: antonio montanes, University of Zaragoza amontane@unizar.es Dynamic vector mode regression Presented by: Paulo M.D.C. Parente, Instituto Universitário de Lisboa (ISCT A Mixed-Frequency Smooth Measurement for the Evolution of Business Conditions Presented by: Yi-Ting Chen, Academia Sinica Cartel Dating Presented by: Peter Boswijk, University of Amsterdam Unbiased estimation of autoregressive models for bounded stochastic processes Presented by: antonio montanes, University of Zaragoza Session 164: Banks' Lending August 22, 2017 16:30 to 17:45 C5.02, ed. II Session Chair: Andreas Barth, Goethe University Frankfurt andreas.barth@finance.uni-frankfurt.de Social Capital, Uncertainty and Credit Supply: Evidence from the Global Crisis Presented by: Paolo Emilio Mistrulli, Bank of Italy Bank Capital and Firm Lending: The Case for Switzerland Presented by: Dan Wunderli, Swiss National Bank Syndicated loans and CDS insurance Presented by: Andreas Barth, Goethe University Frankfurt Session 165: Business Cycles and Housing Markets August 22, 2017 16:30 to 17:45 C4.08, ed. II Session Chair: Marcus Ingholt, University of Copenhagen mi@econ.ku.dk The Residential Collateral Channel Presented by: Saleem Bahaj, Bank of England House Prices, Geographical Mobility, and Unemployment Presented by: Marcus Ingholt, University of Copenhagen Session 166: Classroom Composition August 22, 2017 16:30 to 17:45 Auditório 0NE01, ed. I Session Chair: Miguel Sarzosa, Purdue University msarzosa@purdue.edu Class composition, special needs students, and peers’ achievement Presented by: Helge Liebert, University of St. Gallen Human Capital Production and Parental Beliefs Presented by: Teodora Boneva, University College London The Dynamic Consequences of Bullying on Skill Accumulation Presented by: Miguel Sarzosa, Purdue University Session 167: Emissions Trading Schemes and Competitiveness August 22, 2017 16:30 to 17:45 AA3.24, Ala Autónoma Session Chair: Philipp Grosskurth, RWI - Leibniz Institute for Economic Research philipp.grosskurth@rwi-essen.de Multilateral and Costly Linkages between Emissions Trading Systems Presented by: Luca Taschini, The London School of Economics and Political Science The Effect of Electricity Taxation on Firm Competitiveness: Evidence from the German Manufacturing Sector Presented by: Andreas Gerster, RWI Multinational corporations and the EU Emissions Trading System: Asset erosion and creeping deindustrialization? Presented by: Philipp Grosskurth, RWI - Leibniz Institute for Economic Research Session 168: Field Experiments in Development August 22, 2017 16:30 to 17:45 B2.02, ed. II Session Chair: Damien de Walque, The World Bank ddewalque@worldbank.org Powering Education Presented by: Fadi Hassan, Trinity College Dublin, CEP Randomized evaluation of the unconditional cash transfer scheme for the elderly in Ekiti State, Nigeria Presented by: Ana Dammert, Carleton University Evidence from a Randomized Evaluation of the Household Welfare Impacts of Conditional and Unconditional Cash Transfers Given to Mothers or Fathers Presented by: Damien de Walque, The World Bank Session 169: Financial Regulation and Systemic Risk August 22, 2017 16:30 to 17:45 C6.10, ed. II Session Chair: Rhys Bidder, Federal Reserve Bank of San Francisco rhys.bidder@sf.frb.org Sovereign Distress, Bank Strength and Performance: Evidence from the Euro Area Sovereign Debt Crisis Presented by: Yifei Cao, University of Sheffield Sharing the Pain? Credit Supply and Real Effects of Bank Bail-ins Presented by: Andre Silva, Cass Business School and IMF Stress Testing with Misspecified Models Presented by: Rhys Bidder, Federal Reserve Bank of San Francisco Session 170: Government Interventions in Labor Markets August 22, 2017 16:30 to 17:45 AA3.40, Ala Autónoma Session Chair: Fabian Dehos, Ruhr Graduate School in Economics fabian.dehos@rgs-econ.de Effects of Informal Elderly Care on Labor Supply: Exploitation of Government Intervention on the Supply Side of Elderly Care Market Presented by: Masato Oikawa, University of Tokyo The Effects of After-School Programs on Maternal Employment Presented by: Fabian Dehos, Ruhr Graduate School in Economics Session 171: Human Capital and Economic Growth August 22, 2017 16:30 to 17:45 C6.07, ed. II Session Chair: Asger Wingender, University of Copenhagen amw@econ.ku.dk Aging, Education, and Macroeconomic Performance: Evidence from Panel Data Presented by: Rainer Kotschy, University of Munich (LMU) Human Capital and Innovations Presented by: Clas Eriksson, Mälardalen University Income effects, technical change, and demand for graduates from different fields of study Presented by: Asger Wingender, University of Copenhagen Session 172: Labor Markets: Wage Inequality August 22, 2017 16:30 to 17:45 C5.08, ed. II Session Chair: Hakki Yazici, Sabanci University hakkiyazici@sabanciuniv.edu The Black-White Gap in Earnings and Employment Presented by: Arnau Valladares-Esteban, University of Southampton Occupational Switching and Wage Risk Presented by: Christopher Busch, University of Cologne Wage Risk and the Skill Premium Presented by: Hakki Yazici, Sabanci University Session 173: Low Growth and Low Inflation -There to Stay? Causes, Effect and Remedies (ECB Sponsored Session) August 22, 2017 16:30 to 17:45 Auditório Caiano Pereira, ed. I Session Chair: Michael Ehrmann, European Central Bank michael.ehrmann@ecb.int Evaluating the macroeconomic effects of the ECB’s unconventional monetary policies Presented by: Sarah Mouabbi, Banque de France Confidence Crashes and Stagnation in the Eurozone Presented by: Konstantin Platonov, UCLA Macroeconomic Fluctuations with HANK & SAM: an Analytical Approach Presented by: Vincent Sterk, University College London Session 174: Monetary Policy and Financial Frictions II August 22, 2017 16:30 to 17:45 C4.07, ed. II Session Chair: Junichi Fujimoto, National Graduate Institute for Policy S j-fujimoto@grips.ac.jp Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVAR Presented by: Dario Caldara, Federal Reserve Board Financial Disruption and State Dependant Credit Policy Presented by: Thibaud Cargoët, CNRS - University of Rennes Optimal Policy Analysis in a New Keynesian Economy with Credit Market Search Presented by: Junichi Fujimoto, National Graduate Institute for Policy S Session 175: Monetary Policy Design II August 22, 2017 16:30 to 17:45 C5.06, ed. II Session Chair: Christoph Grosse Steffen, Banque de France cgrossesteffen@gmail.com Monetary Policy and Macroeconomic Stability Revisited Presented by: Yasuo Hirose, Keio University Foreign Banks and Monetary Policy in Emerging Economies Presented by: Wojtek Paczos, Cardiff University Inflation Targeting as a Shock Absorber Presented by: Christoph Grosse Steffen, Banque de France Session 176: Participation and Sorting in Education August 22, 2017 16:30 to 17:45 AA3.26, Ala Autónoma Session Chair: Ana Gazmuri, Toulouse School of Economics amgazmuri@gmail.com Arsenic Exposure and School Participation in Cambodia Presented by: Colin Cannonier, Belmont University Redistribution without distortion: Evidence from an affirmative action program at a large Brazilian university Presented by: Fernanda Estevan, FEA-USP School Segregation in the Presence of Student Sorting and Cream-Skimming: Evidence from a School Voucher Reform Presented by: Ana Gazmuri, Toulouse School of Economics Session 177: Real Effort in Experiments August 22, 2017 16:30 to 17:45 C5.05, ed. II Session Chair: Ferdinand von Siemens, Goethe University Frankfurt vonsiemens@econ.uni-frankfurt.de Affirmative action in principal-agent relationships: Experimental evidence from labour market experiments Presented by: Joseph Vecci, Gothenburg University Women dislike competing against men Presented by: Diogo Geraldes, Maastricht University Delegation Improves Implementation Presented by: Ferdinand von Siemens, Goethe University Frankfurt Session 178: The Determinants of International Migration August 22, 2017 16:30 to 17:45 AA2.25, Ala Autónoma Session Chair: Shushanik Margaryan, University of Hamburg shushanik.margaryan@wiso.uni-hamburg.de Comparative Statics Quantification of Structural Migration Gravity Models Presented by: Steffen Sirries, Family Return Migration Presented by: Till Nikolka, Ifo Institute Does Education Affect Attitudes towards Immigration? Evidence from Germany Presented by: Shushanik Margaryan, University of Hamburg Session 179: The Origins of Conflicts II August 22, 2017 16:30 to 17:45 AA2.23, Ala Autónoma Session Chair: Sandra V Rozo Villarraga, USC sandra.rozo@marshall.usc.edu Social Contagion of Ethnic Hostility Presented by: Jana Cahlikova, Max Planck Institute for Tax Law and Public Finance The Deep Roots of Rebellion: Evidence from the Irish Revolution Presented by: Battista Severgnini, Copenhagen Business School Explaining the Heterogeneous Effects of Natural Resources on Local Economic Development Presented by: Sandra V Rozo Villarraga, USC Session 180: The Political Economy of Lobbying August 22, 2017 16:30 to 17:45 C3.01, ed. II Session Chair: Stephane Wolton, London School of Economics s.wolton@lse.ac.uk Informational Lobbying and Legislative Subsidies Presented by: Thomas Groll, Columbia University Interest groups versus voters and the political economics of attention Presented by: Patrick Balles, University of Basel How Outside Spending Shapes American Democracy Presented by: Stephane Wolton, London School of Economics Session 181: The Political Economy of Redistribution II August 22, 2017 16:30 to 17:45 B2.01, ed. II Session Chair: Konstantinos Matakos, King's College London kostas.matakos@gmail.com Mass media and attitudes to inequality Presented by: Debora Di Gioacchino, Sapienza Università di Roma To the ones in need or the ones you need? The Political Economy of Central Discretionary Grants: Empirical Evidence from Indonesia Presented by: Gerrit Gonschorek, Albert-Ludwigs Universität Freiburg Class vs. Identity: The Effect of Candidates' Race on the Inequality-Redistribution Nexus Presented by: Konstantinos Matakos, King's College London Session 182: Unemployment Benefits and Training August 22, 2017 16:30 to 17:45 AA3.29, Ala Autónoma Session Chair: Attila Lindner, University College London a.lindner@ucl.ac.uk Long-term effects of extended unemployment insurance benefits Presented by: Hanna Pesola, VATT Institute for Economic Research Evaluation of Training for the Unemployed with Detailed Educational Information Presented by: Augusto Cerqua, University of Westminster Frontloading the Unemployment Benet: An Empirical Assessment Presented by: Attila Lindner, University College London Session 183: Welfare Economics August 22, 2017 16:30 to 17:45 C3.02, ed. II Session Chair: Michael Mandler, University of London Royal Holloway Coll m.mandler@rhul.ac.uk The Determinants of Local Police Spending Presented by: Richard Disney, Sussex University Public Provision of Scarce Resources when Preferences are Non-Linear Presented by: Katharina Huesmann, U Cologne Distributive justice for behavioral welfare economics Presented by: Michael Mandler, University of London Royal Holloway Coll Session 184: Combining Bayesian and Frequentist Time Series Methods August 22, 2017 16:30 to 17:45 C6.01, ed. II Session Chair: Werner Ploberger, Washington University in St Louis wploberger@wustl.edu Bayesian Inference for Probabilistic Surveys Presented by: Marco Del Negro, Federal Reserve Bank of New York Adaptive Large-Scale Portfolio Allocation Under Transaction Costs: Mixing High-Frequency and Low-Frequency Data Presented by: Stefan Voigt, WU Vienna Prior free Bayesian forecasting through frequentist's procedures Presented by: Werner Ploberger, Washington University in St Louis Session 185: Combining Forecasts August 22, 2017 16:30 to 17:45 C2.02, ed. II Session Chair: Bruno Damásio, bdamasio@iseg.ulisboa.pt Conditionally Optimal Weights and Forward-Looking Approaches to Combining Forecasts Presented by: Andrey L. Vasnev, University of Sydney On using predictive-ability tests in the selection of time-series prediction models Presented by: Robert Kunst, Institute for Advanced Studies Vienna Combining a regression model with a multivariate Markov chain in a forecasting problem. Presented by: Bruno Damásio, Session 186: Cooperative Games August 22, 2017 16:30 to 17:45 AA3.28, Ala Autónoma Session Chair: Rajiv Vohra, Brown University rajiv_vohra@brown.edu Coalitional Bargaining with Consistent Counterfactuals Presented by: Ramon Caminal, INSTITUTE OF ECONOMIC ANALYSIS, CSIC Do workers negotiate collectively or separately? An application of a coalitional bargaining game with externalities Presented by: Fumi Kiyotaki, Kindai University Rational Expectations and Farsighted Stability Presented by: Rajiv Vohra, Brown University Session 187: Dynamic Adverse Selection Markets August 22, 2017 16:30 to 17:45 AA3.23, Ala Autónoma Session Chair: Dino Gerardi, Collegio Carlo Alberto dino.gerardi@carloalberto.org Investing in trading opportunities in dynamic adverse selection Presented by: Sander Heinsalu, Australian National University Learning from Trading and the No-Trade Theorem Presented by: Dmitry Lubensky, Indiana University Optimal Information Release in the Market for Lemons with Divisibility Presented by: Dino Gerardi, Collegio Carlo Alberto Session 188: Econometrics of Networks August 22, 2017 16:30 to 17:45 AA2.24, Ala Autónoma Session Chair: Pedro CL Souza, PUC-Rio pedroclsouza@econ.puc-rio.br A Structural Pairwise Network Model with Individual Heterogeneity Presented by: Zhentao Shi, The Chinese University of Hong Kong Confidence set for group membership Presented by: Andreas Dzemski, University of Gothenburg Estimating and Identifying Social Connections from Outcome Data Presented by: Pedro CL Souza, PUC-Rio Session 189: Finance, Search and Development August 22, 2017 16:30 to 17:45 C4.02, ed. II Session Chair: Luiz Felix, VU University luizfffelix@yahoo.com A New Perspective on the Finance-Development Nexus Presented by: Erwan Quintin, University of Wisconsin Madison Peer-to-Peer Lending and Access to Credit Presented by: Huan Tang, HEC Paris Implied Volatility Sentiment: A Tale of Two Tails Presented by: Luiz Felix, VU University Session 190: Foreign Exchange August 22, 2017 16:30 to 17:45 C6.02, ed. II Session Chair: Ming Zeng, Singapore Management University ming.zeng.2013@smu.edu.sg Equilibrium in FX swap markets: funding pressures and the cross-currency basis Presented by: Mario Pascoa, University of Surrey Limited arbitrage in the market for local currency emerging market debt Presented by: Nicola Borri, LUISS University The Share of Systematic Risk in Foreign Exchange and Stock Markets Presented by: Ming Zeng, Singapore Management University Session 191: Health Care and Policy August 22, 2017 16:30 to 17:45 C2.01, ed. II Session Chair: Rita Ginja, Uppsala University rita.ginja@gmail.com The Morning After: Free Access to Emergency Contraception Pills Presented by: Gregor Pfeifer, U Hohenheim The Future of Human Health, Longevity, and Health Costs Presented by: Volker Grossmann, University of Fribourg Non-Contributory Health Insurance and Household Labor Supply: Evidence from Mexico Presented by: Rita Ginja, Uppsala University Session 192: Institutions, Public Spending and Voting August 22, 2017 16:30 to 17:45 AA2.26, Ala Autónoma Session Chair: Mauricio Bugarin, Universidade de Brasília bugarin.mauricio@gmail.com Does Cooperation reduce Public Expenditures? Evidence from Italian Municipal Unions Presented by: Massimiliano Ferraresi, University of Ferrara Expert Captured Democracies Presented by: Archishman Chakraborty, Yeshiva University Electronic voting and Social Spending: The impact of enfranchisement on municipal public spending in Brazil Presented by: Mauricio Bugarin, Universidade de Brasília Session 193: Interest Rates August 22, 2017 16:30 to 17:45 C4.01, ed. II Session Chair: Julia Schaumburg, VU University Amsterdam j.schaumburg@vu.nl Interest rates, and endogenous population dynamics: age-dependent shocks in a continuous-time OLG model Presented by: Paulo Brito, ISEG - Lisboa School of Economics & Management, Universidade de Lisboa and Time-Varying Lower Bound of Interest Rates in Europe Presented by: Fan Dora Xia, Bank for International Settlements Bank business models at low interest rates Presented by: Julia Schaumburg, VU University Amsterdam Session 194: Mechanism Design without Transfers August 22, 2017 16:30 to 17:45 AA3.25, Ala Autónoma Session Chair: Kfir Eliaz, Tel-Aviv University kfire@post.tau.ac.il Dynamic Nonmonetary Incentives Presented by: Daniel Bird, Tel-Aviv Universtiy Identifying the Best Agent in a Network Presented by: Leonie Baumann, University of Cambridge The Silent Treatment Presented by: Kfir Eliaz, Tel-Aviv University Session 195: Semi/Nonparametric Identification August 22, 2017 16:30 to 17:45 AA2.28, Ala Autónoma Session Chair: Dennis Kristensen, University College London d.kristensen@ucl.ac.uk Identification and Estimation of a Triangular Model with Multiple Endogenous Variables and Insufficiently Many Instrumental Variables Presented by: Nese Yildiz, University of Rochester Estimation of a Partially Linear Regression in Triangular Systems Presented by: Carlos Martins-Filho, University of Colorado-Boulder Nonparametric Identification in Nonlinear Simultaneous Equations Models: The Case of Covariance Restrictions Presented by: Dennis Kristensen, University College London Session 196: Treatment Effects August 22, 2017 16:30 to 17:45 C6.08, ed. II Session Chair: Ralf Steinhauser, Hamburg University and Australian National University ralf.steinhauser@anu.edu.au TESTING IDENTIFYING ASSUMPTIONS IN FUZZY REGRESSION DISCONTINUITY DESIGN Presented by: Ismael Mourifie, U Toronto The Effect of Age Conditions on Child Labor: New Evidence for Brazil Presented by: Delphine Boutin, CERDI, Université d'Auvergne Estimating Treatment Effects from Counts of Binary Outcomes: a Conditional Likelihood Estimator of Relative Risk Presented by: Emma Aisbett, Hamburg University Session 197: Empirical Topics in Monetary Economics August 22, 2017 16:30 to 17:45 C4.05, ed. II Session Chair: Rodrigo Caputo, Banco Central de Chile rcaputo@bcentral.cl Better together? A structural dynamic factor analysis of US monetary policy effects in South America Presented by: Jana Riedel, University of Münster Central Bank Preferences and the Changing Nature of the Real Exchange Rate Presented by: Rodrigo Caputo, Banco Central de Chile Session 198: Learning-Theoretic Foundations of Equilibrium in Games August 22, 2017 18:00 to 19:15 Session Chair: Eddie Dekel, Northwestern University eddiedekel@gmail.com Session 199: Poster Session 2 August 23, 2017 9:00 to 17:45 Aula Magna Ballot Access Restrictions and Local Politics: Evidence from Italian Municipalities. Presented by: Santiago Perez Vincent, Università Bocconi Resource-Richness and Economic Growth in Contemporary U.S. Presented by: Richard Jaimes, Tilburg University Economic growth and complementarity among stages of human capital Presented by: Bruno Delalibera, Fundação Getulio Vargas Sharing Responsibility With A Machine Presented by: Christina Strobel, International Max Planck Research School Endogenous worst-case beliefs in first-price auctions Presented by: Helene Mass, Centre for European Economic Research (ZEW), Mannheim Estimating the Scale of Corporate Profit Shifting: Tax Revenue Losses Related to Foreign Direct Investment Presented by: Miroslav Palansky, Charles University Optimal Monetary Policy under Downward Nominal Wage Rigidity Presented by: Isaac Gross, University of Oxford Session 200: Small Area Variations in Medical Care: The Role of Physician Decision Making August 23, 2017 9:00 to 10:15 Session Chair: Drew Fudenberg, Massachusetts Institute of Technology Drew.Fudenberg@gmail.com Session 201: Ageing August 23, 2017 10:45 to 12:45 AA3.24, Ala Autónoma Session Chair: Pietro Garibaldi, University of Torino pietro.garibaldi@carloalberto.org Demographics and real interest rates in a monetary union Presented by: Julia Wlodarczyk, University of Economics in Katowice Health status over the life cycle Presented by: Raun Van Ooijen, University of Groningen The Interaction of Pension System and Unemployment Insurance - Evidence from two Reforms Presented by: Johannes Geyer, DIW Berlin The dynamics of health and labour market transitions at older ages: evidence from a multi-state model Presented by: Eugenio Zucchelli, Lancaster University Closing the Retirement Door and the Lump of Labor Presented by: Pietro Garibaldi, University of Torino Session 202: Asset Pricing: Theory and Applications II August 23, 2017 10:45 to 12:45 C3.02, ed. II Session Chair: Carlos Ramirez, FEDERAL RESERVE BOARD carlos@carlosrc.com An Equilibrium Model of Asymmetric Dependence Presented by: Junya Jiang, University of North Carolina at Charlotte Ambiguity, Volatility, and Credit Risk Presented by: Yehuda Izhakian, City University of New York, Baruch College Implication of growth option on the term structure of equity Presented by: Wah Yip Chu, Norwegian Business School Risk Aversion, Sentiment and the Cross Section of Stock Returns Presented by: Thorsten Lehnert, University of Luxembourg Inter-firm Relationships and Asset Prices Presented by: Carlos Ramirez, FEDERAL RESERVE BOARD Session 203: Auctions and Procurement August 23, 2017 10:45 to 12:45 C5.02, ed. II Session Chair: Seungwon (Eugene) Jeong, University of Bristol eugene.jeong@gmail.com Dynamic Procurement under Uncertainty: Competition and Auctions Presented by: Malin Arve, NHH Norwegian School of Economics Contract Design with Limited Commitment Presented by: Vitali Gretschko, ZEW Setting reserve prices in English auctions with limited commitment: an empirical assessment Presented by: Ricardo Gonçalves, Universidade Católica Portuguesa Multidimensional Second-Price and English Auctions Presented by: Seungwon (Eugene) Jeong, University of Bristol Session 204: Behavioral and Cultural Aspects of Finance August 23, 2017 10:45 to 12:45 C3.01, ed. II Session Chair: Jian Li, University of Luxembourg jian.li@uni.lu Cross-Country Differences in Homeownership Rates: A Cultural Phenomenon? Presented by: Stefanie Huber, Universitat Pompeu Fabra and Barcelona GSE Wall Street Crosses Memory Lane: How Witnessed Returns Affect Professionals' Expected Returns Presented by: Lena Jaroszek, Copenhagen Business School Understanding the Determinants of Financial Outcomes and Choices: The Role of Noncognitive Abilities Presented by: Kim Peijnenburg, HEC Paris Family First? Managerial Favoritism and Corporate Policies Presented by: Gianpaolo Parise, Bank for International Settlements Financial Risk-Taking, Religiosity and Denomination Heterogeneity Presented by: Jian Li, University of Luxembourg Session 205: Behavioral Finance and Macroeconomics August 23, 2017 10:45 to 12:45 B2.01, ed. II Session Chair: Luba Petersen, Simon Fraser University lubap@sfu.ca Financial Contagion in the Laboratory: Does Network Structure Matter? Presented by: Aikaterini Karadimitropoulou, University of East Anglia What Makes Children Save (More)? Evidence from an Experiment with Elementary School Pupils Presented by: Moritz Lukas, University of Hamburg Mental Capabilities, Trading Styles, and Asset Market Bubbles Presented by: Steve Heinke, University of Basel Savings Contracts under Naivete and Uncertainty Presented by: Tomasz Sulka, The University of Edinburgh Coordinating expectations through central bank projections Presented by: Luba Petersen, Simon Fraser University Session 206: Business Cycles: Impulses and Propagation III August 23, 2017 10:45 to 12:45 2E07, ed. I Session Chair: Paloma Lopez Garcia, European Central Bank Paloma.Lopez-Garcia@ecb.europa.eu Unemployment, Labor Supply and Euro-Area Shocks Presented by: Nikolaos Charalampidis, University of California--Irvine Firm Heterogeneity, Endogenous Entry and Exit, and Monetary Policy Presented by: Jiarui Zhang, China Europe International Business School Migration and Investment: A Business Cycle Perspective Presented by: Chantal Fusshoeller, RWTH Aachen University Network Origin of Industrial Comovement Presented by: Homero Martinez Garibay, Paris-Dauphine University Cyclical and Stuctural Variation in Resource Reallocation: Evidence for Europe Presented by: Paloma Lopez Garcia, European Central Bank Session 207: Consequences of Conflicts August 23, 2017 10:45 to 12:45 AA3.40, Ala Autónoma Session Chair: Enkelejda Havari, European Commission, DG Joint Research Centre enkelejda.havari@jrc.ec.europa.eu From Friends to Foes: National Identity and Team Performance Presented by: Nadzeya Laurentsyeva, LMU Munich, CEPS Brussels The Effects of Violent Conflict on Household Resilience and Food Security: Evidence from the 2014 Gaza War Presented by: Rebecca Pietrelli, FAO How war affects political attitudes: Evidence from eastern Ukraine Presented by: Svitlana Tyahlo, University of Fribourg The War in Your Head: On the Long-term Origins of Domestic Violence Presented by: Tilman Brueck, ISDC - International Security and Development Center Transgenerational effects of war: Evidence from WWII in Europe Presented by: Enkelejda Havari, European Commission, DG Joint Research Centre Session 208: Consumer Behavior August 23, 2017 10:45 to 12:45 C6.07, ed. II Session Chair: Andre Trindade, Getulio Vargas Foundation andre.trindade@fgv.br Higher Minimum Quality Standards and Redistributive Effects on Consumer Welfare Presented by: Marco Kotschedoff, Goethe University Frankfurt Regulating Advertising Quantity: How The Policy Affects Consumers and Advertisers? Presented by: Jiekai ZHANG, CREST-ENSAE Consumers’ Costly Responses to Product-Harm Crises Presented by: Helena Perrone, Universitat Pompeu Fabra, Barcelona GSE Rockets and Feathers: Asymmetric Pricing and Consumer Search Presented by: Sven Heim, ZEW Mannheim, Centre for European Economic Research Mannheim Measuring the Benefits and Costs of Intermediation in Vertical Relations Presented by: Andre Trindade, Getulio Vargas Foundation Session 209: Consumer Inertia August 23, 2017 10:45 to 12:45 AA3.26, Ala Autónoma Session Chair: Mirco Tonin, University of Bozen mirco.tonin@unibz.it Green by Default? Electricity Product Choice with Consumer Inertia and Environmental Preferences Presented by: Tamara Bischof, University of Bern Households' Technology Choices and Long-Run Energy Price Sensitivity Presented by: Anna Sahari, Exchange rate fluctuations and border crossings: evidence from the Swiss-Italian border Presented by: Piera Bello, Università della Svizzera italiana Water Tariffs and Consumers' Inaction Presented by: Mirco Tonin, University of Bozen Session 210: Contracts and Organizations August 23, 2017 10:45 to 12:45 C4.08, ed. II Session Chair: Ricard Gil, Johns Hopkins ricard.gil@jhu.edu The Incentive Properties of Collective Reputation Presented by: Wanda Mimra, ETH Zurich Contracting Institutions and Firm Boundaries Presented by: Bohdan Kukharskyy, University of Tuebingen Cooperation and Mistrust in Relational Contracts Presented by: Holger Herz, University of Fribourg Communication and the organization of firms across space Presented by: Henrike Steimer, LMU Munich The Value of Relational Adaptation in Outsourcing: Evidence from the 2008 shock to the US Airline Industry Presented by: Ricard Gil, Johns Hopkins Session 211: Determinants of FDI August 23, 2017 10:45 to 12:45 2E08, ed. I Session Chair: Stefan Avdjiev, Bank for International Settlements Stefan.Avdjiev@bis.org The Impact of Subsidy Bidding Wars on the Optimal Investment Decisions of Multi-Establishment Firms Presented by: Pierre-Henri Morand, University of Avignon Bending the Rules, Breaking the Rules: How Corruption and Lobbying Affect the Investment Market Selection of Swedish Firms Presented by: Susanna Thede, University of Malta Exchange Rates and Bilateral FDI: Gravity models of Bilateral FDI in High Income Economies Presented by: John Hunter, Brunel University Foreign Direct Investment, Source Country Heterogeneity and Management Practices Presented by: Fredrik Heyman, IFN What drives local lending by global banks? Presented by: Stefan Avdjiev, Bank for International Settlements Session 212: Economic Geography August 23, 2017 10:45 to 12:45 B2.02, ed. II Session Chair: João Santos, Nova School of Business and Economics joaorpereirasantos@gmail.com City-biased technological change Presented by: Jessica Hug, University of Geneva Spatial Nexus in Crime and Unemployment in Times of Crisis Presented by: Povilas Lastauskas, CEFER Firm Heterogeneity, Technological Adoption, and Urbanization: Theory and Measurement Presented by: Alex Chernoff, Bank of Canada Creativity over Time and Space Presented by: Michel Serafinelli, University of Toronto Do toll-free highways foster firm formation and employment growth? Results from a quasi-natural experiment Presented by: João Santos, Nova School of Business and Economics Session 213: Economic History August 23, 2017 10:45 to 12:45 AA3.29, Ala Autónoma Session Chair: Andre Silva, Universidade Nova de Lisboa acsilva@novasbe.pt Capital-Skill Complementarity and the Emergence of Labor Emancipation Presented by: Francesco Cinnirella, Ifo Institute Slavery vs Labor Presented by: Guilherme de Oliveira, Columbia University Betting against Jews? The Market Reaction to Jewish Firms in Nazi Germany Presented by: Volker Lindenthal, University of Freiburg Activating history – The Turkish sieges of Vienna, anti-Turkish campaigns, and the rise of right-wing populism Presented by: Christian Ochsner, Ifo Institute for Economic Research Spending a Windfall: American Precious Metals and Euro-Asian Trade 1531-1810 Presented by: Andre Silva, Universidade Nova de Lisboa Session 214: Energy Markets and Energy Efficiency August 23, 2017 10:45 to 12:45 C5.08, ed. II Session Chair: Birthe Larsen, Copenhagen Business School bl.eco@cbs.dk Emission benchmarks revisited – how to fully restore economic incentives in emissions trading Presented by: Vera Zipperer, DIW Berlin Is the German gas market competitive? Evidence from big data Presented by: Matthias Kaeding, RWI Essen Charging Drivers by the Pound: The Effect of the VED System in the UK Presented by: Davide Cerruti, ETH Zurich Social norms and energy conservation beyond the US – A replication Presented by: Mark Andor, RWI - Leibniz Institute for Economic Research Educated for Efficiency: Do Better-Educated Managers Produce More for Less Energy Presented by: Birthe Larsen, Copenhagen Business School Session 215: Financial Intermediaries and the Macroeconomy August 23, 2017 10:45 to 12:45 2E02, ed. I Session Chair: Nuno Coimbra, Paris School of Economics nuno.coimbra@psemail.eu The Macroeconomics of Deposit Insurance in a Two-country Model Presented by: Corinne Dubois, EPFL Saving Wall Street or Main Street Presented by: Markus Haavio, Bank of Finland A Model of Optimal Macroprudential and Monetary Policies Presented by: Pierlauro Lopez, Banque de France Financial Repression in General Equilibrium Presented by: Alexander Scheer, University of Bonn Financial Cycles with Heterogeneous Intermediaries Presented by: Nuno Coimbra, Paris School of Economics Session 216: Firm and Industry Dynamics August 23, 2017 10:45 to 12:45 C6.10, ed. II Session Chair: Robert Petrunia, Lakehead Universtiy rpetruni@lakeheadu.ca Are Rushed Privatizations Substandard? Analyzing Firm-level Privatization under Fiscal Pressure Presented by: Jan Svejnar, Columbia University Long-Run Market Configurations in a Dynamic Quality-Ladder Model with Externalities Presented by: Mario Samano, HEC Montreal Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry Presented by: Zhu Wang, Federal Reserve Bank of Richmond High growth fi rms in employment and productivity: Dynamic interactions and the role of financial constraints Presented by: Cristina Guillamon, Banco de España Studying Firm Growth Distributions with a Large Administrative Employment Database Presented by: Robert Petrunia, Lakehead Universtiy Session 217: Gender Gap August 23, 2017 10:45 to 12:45 AA2.25, Ala Autónoma Session Chair: Matias Cortes, York University gmcortes@yorku.ca Credit Market Competition and the Gender Gap: Evidence from Local Labor Markets Presented by: Alexander Popov, European Central Bank Gender Differences in Risk-Taking: Evidence from Professional Basketball Presented by: Rene Boheim, Johannes Kepler University Linz Professional Identity and the Gender Gap in Risk-Taking. Evidence from a Field Experiment with Scientists Presented by: Moritz Drupp, University of Kiel Discrimination at the Top and Product Market Competition Presented by: Pehr-Johan Norbäck, Research Institute of Industrial Economi The End of Men and Rise of Women in the High-Skilled Labor Market Presented by: Matias Cortes, York University Session 218: Global and Local Financial Conditions August 23, 2017 10:45 to 12:45 Auditório Caiano Pereira, ed. I Session Chair: Andrea Ferrero, University of Oxford andrea.ferrero@economics.ox.ac.uk Foreign Booms, Domestic Busts: The Global Dimension of Banking Crises Presented by: Fernando Eguren Martin, Bank of England The Structure of Credit Markets Presented by: Karsten Müller, University of Warwick A Tie That Binds: Revisiting the Trilemma in Emerging Market Economies Presented by: Mahvash Qureshi, International Monetary Fund Taming the Tide: How Do Emerging Markets Respond to Capital Flows? Presented by: Atish Ghosh, International Monetary Fund International Credit Supply Shocks Presented by: Andrea Ferrero, University of Oxford Session 219: Global Imbalances August 23, 2017 10:45 to 12:45 2E04, ed. I Session Chair: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas emartinezgar@hotmail.com News shocks, monetary policy and foreign currency positions Presented by: Hande Kucuk, Central Bank of Turkey Household Wealth and the Net International Investment Position Dynamics Presented by: Cian Allen, Trinity College Dublin Global Imbalances from a Stock Perspective Presented by: Francesca Viani, Bank of Spain The evolution of world trade from 1995 to 2014: A network approach Presented by: Freddy Cepeda, Banco de la Republica (Central Bank of Colombia) Foreign Demand of U.S. Treasury Securities and the Zero-Lower Bound on Monetary Policy Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas Session 220: Information and Disclosure August 23, 2017 10:45 to 12:45 2E06, ed. I Session Chair: Paul Chen, Australian National University Paul.Chen@anu.edu.au Does Uniqueness in Banking Matter? Presented by: Lars Norden, Getulio Vargas Foundation Dividend payouts and rollover crises Presented by: Ragnar Juelsrud, BI Norwegian Business School CEO Stock Option Exercises and Earnings Announcements Presented by: Nassima Selmane, University of Toulouse 1 - University of Groningen M&A Negotiations with Limited Information: How Do Opaque Firms Buy and Get Bought? Presented by: Carlo Chiarella, Colegio Universitario de Estudios Financieros Conflicted financial advice: Disclosure revisited Presented by: Paul Chen, Australian National University Session 221: Liquidity August 23, 2017 10:45 to 12:45 C5.06, ed. II Session Chair: Nathan Foley-Fisher, Federal Reserve Board of Governors nathan.c.foley-fisher@frb.gov Liquidity Management in Banking: What is the Role of Leverage? Presented by: Quynh-Anh Vo, Bank of England Market Liquidity in the Repo Market Presented by: Lucas Fuhrer, Swiss National Bank The Supply of Liquidity and Real Economic Activity Presented by: Jonathan Goldberg, Federal Reserve Board The interest of being eligible Presented by: Jean-Stéphane Mésonnier, Banque de France Over-the-Counter Market Liquidity and Securities Lending Presented by: Nathan Foley-Fisher, Federal Reserve Board of Governors Session 222: Migration August 23, 2017 10:45 to 12:45 AA2.23, Ala Autónoma Session Chair: Joel Machado, LISER joel.machado@liser.lu Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions\ Presented by: Matija Lozej, Central Bank of Ireland Settling for Academia? H-1B Visas and the Career Choices of International Students in the United States Presented by: Delia Furtado, University of Connecticut The Effect of Migration on Terror – Made at Home or Imported from Abroad? Presented by: Paul Schaudt, University of Hannover The Labour Market Integration of Refugees in Germany: Evidence from a Field Experiment Presented by: Michele Battisti, University of Munich The Gain from the Drain: Skill-biased Migration and Global Welfare Presented by: Joel Machado, LISER Session 223: Mortgages August 23, 2017 10:45 to 12:45 2E10, ed. I Session Chair: John Mondragon, Northwestern University john.mondragon@kellogg.northwestern.edu Capital requirements, risk shifting and the mortgage market Presented by: Arzu Uluc, Bank of England Till Mortgage Do Us Part: Refinancing Costs and Household’s Bank Switching Presented by: Ljubica Djordjevic, Goethe University Moral Hazard in the Mortgage Market: The Impact of Foreclosure Moratoria on Default Presented by: Terence O'Malley, Central Bank of Ireland Effects of Macroprudential Policies On Bank Lending and Credit Risks Presented by: Stefanie Behncke, Swiss National Bank Regulating Household Leverage Presented by: John Mondragon, Northwestern University Session 224: Optimal Fiscal Policy with Heterogeneous Agents August 23, 2017 10:45 to 12:45 Auditório 0NE01, ed. I Session Chair: Antoine Camous, University of Mannheim camous@uni-mannheim.de A tax plan for endogenous innovation Presented by: Anastasios Karantounias, Federal Reserve Bank of Atlanta Quantifying the Welfare Gains from History Dependent Income Taxation Presented by: Marek Kapicka, CERGE-EI Optimal Fiscal Policy in a Model of Firm Entry and Financial Frictions Presented by: Dudley Cooke, University of Exeter Financing of Government Spending in an Incomplete-Markets Model: The Role of Public Debt Presented by: Alexander Wulff, University of Potsdam Fiscal Progressivity, Redistribution and the Time Consistency of Monetary Policy Presented by: Antoine Camous, University of Mannheim Session 225: Search and Matching in Labor Markets August 23, 2017 10:45 to 12:45 C4.07, ed. II Session Chair: Alexandre Janiak, PUC-Chile ajaniak@gmail.com Asymmetric Reciprocity, Reference Wage Adaptation and the Theory of Equilibrium Unemployment Presented by: Marco Fongoni, University of Strathclyde Market Entry with Frictional Matching and Bargaining: An Experimental Study Presented by: Knut-Eric Joslin, BI Norwegian Business School Adaptive learning and labour market dynamics Presented by: Federico Di Pace, Bank of England Estimating Matching Efficiency with Variable Search Effort Presented by: Marianna Kudlyak, Federal Reserve Bank of San Francisco The macroeconomic consequences of raising the minimum wage: capital accumulation, employment and the wage distribution Presented by: Alexandre Janiak, PUC-Chile Session 226: The Effects of Monetary Policy August 23, 2017 10:45 to 12:45 Auditório Mário Murteiro, ed. I Session Chair: Nuno Palma, University of Groningen n.p.palma@rug.nl The Role of Uncertain Government Preferences for Fiscal and Monetary Policy Interaction Presented by: Olga Kuznetsova, NRU Higher School of Economics The effects of monetary policy shocks: Applying External Instrument Identification to a Dynamic Factor Model Presented by: Mark Kerssenfischer, Deutsche Bundesbank The aggregate and country-specific effectiveness of ECB policy: evidence from an external instruments (VAR) approach Presented by: Lucas Hafemann, Justus-Liebig-Universität Giessen The interest rate effects of government bond purchases away from the lower bound Presented by: Rafael De Rezende, Sverige Riksbank The existence and persistence of liquidity effects: evidence from a large-scale historical natural experiment Presented by: Nuno Palma, University of Groningen Session 227: The Political Economy of Fiscal and Monetary Policy August 23, 2017 10:45 to 12:45 C5.05, ed. II Session Chair: Michael Koetter, Leibniz-Institut fur Wirtschaftsforschent Halle (IWH) m.koetter@fs.de Sanctions and Incentives to Repudiate External Debt Presented by: Edoardo Grillo, Collegio Carlo Alberto Fiscal Rules and the selection of politicians: evidence from Italian municipalities. Presented by: Matteo Gamalerio, University of Warwick Does the Number of Represented Parties Matter for Public Procurement? Evidence from Regression Discontinuity Design Presented by: Jan Palguta, Center for Economic Research and Graduate Education – Economics Institute Political Opportunism and Countercyclical Fiscal Policy in Election-year Recessions Presented by: Frank Bohn, Radboud University Politics, Banks, and Sovereign Debt: Unholy Trinity or Divine Coincidence? Presented by: Michael Koetter, Leibniz-Institut fur Wirtschaftsforschent Halle (IWH) Session 228: The Transmission Mechanism of Fiscal Policy August 23, 2017 10:45 to 12:45 2E05, ed. I Session Chair: Miguel Ferreira, Nova SBE miguel.ferreira.2014@novasbe.pt Heterogeneous Household Finances and the Effect of Fiscal Policy Presented by: Cristina Fuentes-Albero, Federal Reserve Board Fiscal Consequences of Structural Reform under Constrained Monetary Policy Presented by: Rana Sajedi, Bank of England The Side Effects of Safe Asset Creation Presented by: Keshav Dogra, Federal Reserve Bank of New York Fiscal Stimulus with Learning-By-Doing Presented by: Giulio Fella, Queen Mary, University of London Government spending and firms' dynamics Presented by: Miguel Ferreira, Nova SBE Session 229: Trade Effects of Financial and Labor Markets August 23, 2017 10:45 to 12:45 2E03, ed. I Session Chair: Volker Nitsch, Darmstadt University of Technology nitsch@vwl.tu-darmstadt.de Skill-biased Imports in China Presented by: Lei Li, University of Zurich Having the right Mix: The Role of Skill Bundles for Comparative Advantage and Industry performance in Global Value Chains Presented by: Robert Grundke, OECD International Trade and Labor Market Discrimination Presented by: Julian Emami Namini, Erasmus University Rotterdam Trade Impacts of Naming and Shaming of Forced and Child Labor Presented by: Margaryta Klymak, Trinity College Dublin Cutting the Credit Line: Evidence from Germany Presented by: Volker Nitsch, Darmstadt University of Technology Session 230: Beliefs in Macro Models August 23, 2017 10:45 to 12:45 AA3.23, Ala Autónoma Session Chair: Pierpaolo Battigalli, Universita' Bocconi pierpaolo.battigalli@unibocconi.it Forward Guidance and the Role of Central Bank Credibility under Heterogeneous Beliefs Presented by: Gavin Goy, University of Amsterdam Forward Guidance and Heterogeneous Beliefs Presented by: Gaetano Gaballo, European Central Bank Default Cycles Presented by: Wei Cui, University College London A Framework for the Analysis of Self-Confirming Policies Presented by: Pierpaolo Battigalli, Universita' Bocconi Session 231: Benefits, Welfare and Labour Supply August 23, 2017 10:45 to 12:45 C6.01, ed. II Session Chair: Shaiza Qayyum, Johns Hopkins University sqayyum2@jhu.edu Estimating the effects of potential benefit duration without variation in the maximum duration of unemployment benefits Presented by: Tomi Kyyrä, VATT Institute for Economic Research Aggregate Frisch Elasticity and the U.S. Sequestration Budget Cuts Presented by: Carlos Zarazaga, Federal Reserve Bank of Dallas Stigma in Welfare Programs Presented by: Nikolas Mittag, CERGE-EI Investment in Children, Private Schooling and Maternal Labor Supply over the Life Cycle Presented by: Shaiza Qayyum, Johns Hopkins University Session 232: Decision Theory August 23, 2017 10:45 to 12:45 AA2.26, Ala Autónoma Session Chair: Yosuke Hashidate, The University of Tokyo yosukehashidate@gmail.com A Tale of Two Tails: On the Coexistence of Overweighting and Underweighting of Rare Extreme Events Presented by: Thomas Epper, University of St. Gallen Risk- & Regret-Averse Bidders in Sealed Bid Auctions Presented by: Hisayuki Yoshimoto, University of Glasgow Cardinal Utility Representation Separating Ambiguous Beliefs and Utility Presented by: Mayumi Horie, Hiroshima University of Economics Attribute-Based Inferences: An Axiomatic Analysis of Reference-Dependent Preferences Presented by: Yosuke Hashidate, The University of Tokyo Session 233: Empirical Studies August 23, 2017 10:45 to 12:45 AA3.28, Ala Autónoma Session Chair: Thierry Magnac, Toulouse School of Economics thierry.magnac@tse-fr.eu Managers in the nonprofit sector Presented by: Ines Black, Effort and Selection Effects of Performance Pay in Knowledge Creation Presented by: Erina Ytsma, MIT Minimum Quality Standards and Compulsory Labeling when Environmental Quality is not Observable Presented by: Jan Voßwinkel, NGU | Nuertingen-Geislingen University A Pigouvian Approach to Congestion in Matching Markets Presented by: Thierry Magnac, Toulouse School of Economics Session 234: Exchange Rate Dynamics August 23, 2017 10:45 to 12:45 C4.01, ed. II Session Chair: Wanyu Chung, University of Sheffield wanyu.chung@gmail.com Pegxit Pressure Presented by: Goncalo Pina, Santa Clara University The Effects of Government Spending on Real Exchange Rates: Evidence from Military Spending Panel Data Presented by: Thuy Lan Nguyen, Santa Clara University Information Frictions and Real Exchange Rate Dynamics Presented by: Giacomo Candian, HEC Montréal Vehicle Currency Pricing, Trade, and Exchange Rate Pass-Through Presented by: Wanyu Chung, University of Sheffield Session 235: Financial Models August 23, 2017 10:45 to 12:45 AA2.24, Ala Autónoma Session Chair: Peter Schotman, Maastricht University p.schotman@maastrichtuniversity.nl Exponential-type GARCH models with linear-in-variance risk premium Presented by: Dimitra Kyriakopoulou, Université Catholique de Louvain Vanishing Predictability and Non-Stationary Regressors Presented by: Tamas Kiss, Centre for Finance Linear Factor Models and the Estimation of Expected Returns Presented by: Cisil Sarisoy, Northwestern University Empirical asset pricing with many assets and short time series Presented by: Peter Schotman, Maastricht University Session 236: Health Policy August 23, 2017 10:45 to 12:45 AA3.25, Ala Autónoma Session Chair: Dan Zeltzer, Tel Aviv University dzeltzer@tauex.tau.ac.il Impacts of performance pay for hospitals: The readmissions reduction program Presented by: Atul Gupta, Stanford University Screening in Contract Design: Evidence from the ACA Health Insurance Exchanges Presented by: Timothy Layton, Harvard Medical School Estimating Hospital Quality with Quasi-experimental Data Presented by: Peter Hull, Microsoft Research / University of Chicago Gender Homophily in Referral Networks: Consequences for the Medicare Physician Earnings Gap Presented by: Dan Zeltzer, Tel Aviv University Session 237: Information and Coordination August 23, 2017 10:45 to 12:45 C5.01, ed. II Session Chair: Michael Richter, Royal Holloway, University of London michael.dan.richter@gmail.com Diffusing Coordination Risk Presented by: Deepal Basak, Indian School of Business Acquiring Information Through Peers Presented by: Bernard Herskovic, UCLA Anderson School of Management Is Inflation Default? The Role of Information in Debt Crises Presented by: Carlo Galli, University College London Breadth vs. Depth Presented by: Michael Richter, Royal Holloway, University of London Session 238: Labor Markets in Developing Countries August 23, 2017 10:45 to 12:45 AA2.28, Ala Autónoma Session Chair: Simon Quinn, University of Oxford simon.quinn@economics.ox.ac.uk The Effect of Municipal Water Filtration on Children's School Enrollment and Employment in American Cities, 1880-1920 Presented by: Chon-Kit Ao, National Cheng Kung University Networks at Work: How Entry level Job Contacts Shape Civil Servants’ Careers and Performance Presented by: Shan Aman Rana, London School of Economics & Political Science Gender Wage Gaps and Worker Mobility: Evidence from the Garment Sector in Bangladesh Presented by: Andreas Menzel, CERGE-EI Anonymity or Distance? Experimental evidence on obstacles to youth employment opportunities Presented by: Simon Quinn, University of Oxford Session 239: Long Range Dependence and Trends August 23, 2017 10:45 to 12:45 C2.01, ed. II Session Chair: Marian Stoykov, University of Essex mzstoy@essex.ac.uk New CUSUM Based Ratio Tests for Parameter Constancy: With application to variance stability Presented by: Paulo Rodrigues, Economics and Research Department Modeling Systemic Risk: Time-Varying Tail Dependence When Forecasting Marginal Expected Shortfall Presented by: Tobias Eckernkemper, University of Cologne Asymptotic risk of order selection in high-dimensional autoregressive models Presented by: Chor-yiu (CY) SIN, National Tsing Hua University Least Squares Bias in Time Series with Moderate Deviations from a Unit Root Presented by: Marian Stoykov, University of Essex Session 240: Macroeconomic Dynamics August 23, 2017 10:45 to 12:45 C4.05, ed. II Session Chair: Jarko Fidrmuc, ZU Friedrichshafen Jarko.Fidrmuc@zu.de The Financing of Ideas and the Great Deviation Presented by: Daniel Garcia-Macia, International Monetary Fund Time to Build and the Business Cycle Presented by: Matthias Meier, University of Mannheim Inquiry on the Transmission of U.S. Aggregate Shocks to Mexico: A SVAR Approach Presented by: Julio Carrillo, Banco de Mexico Dynamics of Access to Credit and Perceptions of Lending Policy: Survey Evidence from a Firm Survey Presented by: Jarko Fidrmuc, ZU Friedrichshafen Session 241: Macroeconomics of Consumption August 23, 2017 10:45 to 12:45 C6.02, ed. II Session Chair: Bent Sorensen, University of Houston besorensen@uh.edu Divergent Risk-Attitudes and Endogenous Collateral Constraints Presented by: Giuliano Curatola, Goethe University Frankfurt and SAFE The Costs of Consumption Smoothing: Less Schooling and Less Nutritio Presented by: Leandro De Magalhaes, University of Bristol Do Consumers Really Follow a Rule of Thumb? Three Thousand Estimates from 130 Studies Say 'Probably Not' Presented by: Anna Sokolova, University of Nevada, Reno The Rise and Fall of Consumption in the '00s Presented by: Bent Sorensen, University of Houston Session 242: Risk and Sovereign Debt Crisis August 23, 2017 10:45 to 12:45 C5.09, ed. II Session Chair: Hyungseok Joo, Wayne State University hsjoo214@gmail.com Sovereign Risk and Bank Risk-Taking Presented by: Anil Ari, University of Cambridge Learning about Debt Crises Presented by: Radek Paluszynski, University of Houston The Repo Channel of Cross-Border Lending in the European Sovereign Debt Crisis Presented by: Jaime Luque, University of Wisconsin - Madison Sovereign Debt Restructurings: Delays in Renegotiations and Risk Averse Creditors Presented by: Hyungseok Joo, Wayne State University Session 243: Time Varying Parameter Models August 23, 2017 10:45 to 12:45 C2.02, ed. II Session Chair: Caterina Mendicino, European Central Bank caterina.mendicino1@ecb.int The Tail Behaviour due to the Presence of the Risk Premium in AR-GARCH-in-Mean, GARCH-AR and Double-Autoregressive-in-Mean Models Presented by: Emma M. Iglesias, University of A Coruna Particle Filtering, Learning, and Smoothing for Mixed-Frequency State-Space Models Presented by: Hanlin Yang, University of Zurich Uncertainty Through the Lenses of A Mixed-Frequency Bayesian Panel Markov Switching Model Presented by: Claudia Foroni, Deutsche Bundesbank EXPECTATION-DRIVEN CYCLES: TIME-VARYING EFFECTS Presented by: Caterina Mendicino, European Central Bank Session 244: Topics in Empirical Finance August 23, 2017 10:45 to 12:45 C4.02, ed. II Session Chair: Albert Zevelev, Baruch CUNY Albert.Zevelev@baruch.cuny.edu Family Firms, Bank Relationships and Financial Constraints: A Comprehensive Score Card Presented by: Alexander Karaivanov, Simon Fraser University Non-Bank Investors and Loan Renegotiations Presented by: Teodora Paligorova, Bank of Canada Cross-Border Bank Flows and Monetary Policy Presented by: Andrei Zlate, Federal Reserve Bank of Boston Does Collateral Value Affect Asset Prices? Evidence from a Natural Experiment in Texas Presented by: Albert Zevelev, Baruch CUNY Session 245: Topics in Information and Mechanism Design August 23, 2017 10:45 to 12:45 C4.06, ed. II Session Chair: Elliot Lipnowski, University of Chicago lipnowski@uchicago.edu Information Design under Falsification Presented by: Eduardo Perez-Richet, Bayesian Persuasion and Moral Hazard Presented by: Raphael Boleslavsky, University of Miami Information Design and Career Concerns Presented by: David Rodina, Northwestern University Credibility in Communication Presented by: Elliot Lipnowski, University of Chicago Session 246: Topics in IO: Theory and Evidence August 23, 2017 10:45 to 12:45 C5.07, ed. II Session Chair: In-Koo Cho, University of Illinois inkoocho@uiuc.edu A Model of Trading and Price Indexes in the Art Market Presented by: Christophe Spaenjers, HEC Paris Effects of Open and Competitive Auctions under a Scoring Design on Contract Price and Ex Post Performance: Evidence from Public Procurement Presented by: Masanori Tsuruoka, Yokohama National University The Effect of Intermediate Price Discrimination on Retail Prices: Theory and Evidence from France Presented by: Stephane Turolla, INRA A Rational Model of Brand Presented by: In-Koo Cho, University of Illinois Session 247: Academic Achievement August 23, 2017 10:45 to 12:45 C6.08, ed. II Session Chair: GIULIA BOVINI, LSE g.bovini@lse.ac.uk Grading Leniency and Economic Geography Presented by: Lorenzo Neri, Queen Mary University of London Teacher Incentives and Student Performance: Evidence from Brazil Presented by: Andrea Lepine, University of São Paulo The Effects of Scholarships and Tuition Fees Discounts on Students' Performances: Which Monetary Incentive works Better? Presented by: Veronica Rattini, University of Bologna Time Spent at School and Inequality in Students' Learning Outcomes Presented by: GIULIA BOVINI, LSE Session 248: New Administrative Data and New Research Designs in Economics August 23, 2017 13:00 to 14:00 Aud. B1.03, ed. II Session Chair: Richard Blundell, University College London and IFS eearichb@eeassoc.org Presented by: Magne Mogstad, University of Chicago Presented by: Caterina Calsamiglia, CEMFI Presented by: Miklós Koren, Central European University Presented by: Andrea Weber, Vienna University of Economics and Busin Session 249: (Un)ethical Behavior II August 23, 2017 14:15 to 16:00 C6.07, ed. II Session Chair: Lars Hornuf, University of Trier hornuf@uni-trier.de Evasive Lying in Strategic Communication Presented by: Kiryl Khalmetski, University of Cologne The Spillover Effects of Affirmative Action on Competitiveness and Unethical Behavior Presented by: Ritwik Banerjee, Indian Institute of Management Bangalore Incentives for dishonesty: An experimental study with internal auditors Presented by: Helena Fornwagner, University of Innsbruck The Impact of Two Different Economic Systems on Dishonesty and Charitable Giving: Determinants of Group-Level Variation Presented by: Lars Hornuf, University of Trier Session 250: Banks' Funding August 23, 2017 14:15 to 16:00 AA3.24, Ala Autónoma Session Chair: Svatopluk Kapounek, Mendel University in Brno kapounek@mendelu.cz Bank Funding Costs in a Rising Interest Rate Environment Presented by: Nada Mora, American University of Beirut Core-Periphery Formation in Interbank Markets Presented by: Maria Näther, Bank funding shocks and firm performance: New evidence from the sovereign debt crisis Presented by: Serafeim Tsoukas, University of Glasgow Risks and Financial Vulnerability of Foreign Bank Ownership in CEECs: Evidence from Exchange Rate Depreciation after the Financial Crisis Presented by: Svatopluk Kapounek, Mendel University in Brno Session 251: Bayesian Applied Time Series August 23, 2017 14:15 to 16:00 2E07, ed. I Session Chair: Borek Vasicek, European Commission borek.vasicek@gmail.com Do rising top incomes spur economic growth? Evidence from OECD countries based on a novel identification strategy Presented by: Yabibal Walle, Georg-August-University Göttingen Sign restrictions in Smooth Transition VAR models Presented by: Martin Bruns, DIW Berlin Priors for the long run Presented by: Michele Lenza, European Central Bank Financial channels and economic activity in the euro area Presented by: Borek Vasicek, European Commission Session 252: Child-Bearing and Labor Outcomes August 23, 2017 14:15 to 16:00 C5.05, ed. II Session Chair: Filip Pertold, CERGE-EI filip.pertold@cerge-ei.cz Children and careers: How family size affects parents' labour market outcomes in the long run Presented by: Marte Strøm, Institute for Social Research Length of career breaks and human capital depreciation: evidence from a change in parental benefits timing Presented by: Barbara Pertold-Gebicka, Charles University Employment Adjustments Around Childbirth: Gender and Family-Related Differences Presented by: Filip Pertold, CERGE-EI Session 253: Debt and Fiscal Policy in Europe and the US August 23, 2017 14:15 to 16:00 AA2.23, Ala Autónoma Session Chair: James Costain, Bank of Spain james.costain@bde.es Republicans, Democrats and Budget Deficits: Fiscal Dynamics in Political Perspective Presented by: Jaime Pereira, Nova School of Business and Economics Debt limits and sovereign default in the euro area Presented by: Niccolò Battistini, European Central Bank Fiscal delegation in a monetary union: Instrument assignment and stabilization properties Presented by: James Costain, Bank of Spain Session 254: Development Economics: Credit and Insurance August 23, 2017 14:15 to 16:00 2E04, ed. I Session Chair: Alexander Karaivanov, Simon Fraser University akaraiva@sfu.ca Timing Matters for Success: Political Cycle and Microfinance in China Presented by: Jing You, Renmin University of China Do Beliefs Influence Remittances? Evidence from Bilateral Flows between Italian Provinces and African Countries Presented by: Teodora Tsankova, University of Warwick Involuntary Entrepreneurship -- Evidence from Thai Urban Data Presented by: Alexander Karaivanov, Simon Fraser University Session 255: Development Economics: Political Economy August 23, 2017 14:15 to 16:00 2E08, ed. I Session Chair: Thushyanthan Baskaran, University of Siegen baskaran@vwl.uni-siegen.de Making a (Vice-) President: Party Politics, Ethnicity, Village Loyalty and Community-Driven Development Presented by: Jean-Pierre Tranchant, Institute of Development Studies Putting your neighbor's house in order: state capacity, conflicts and institutional cooperation Presented by: Arthur Silve, Université Laval Is Partisan Alignment Electorally Rewarding? Evidence from Village Council Elections in India Presented by: Subhasish Dey, University of York, UK Women Legislators: A tradeoff between pro-female policies and economic growth? Presented by: Thushyanthan Baskaran, University of Siegen Session 256: Development Macroeconomics August 23, 2017 14:15 to 16:00 2E03, ed. I Session Chair: Jolan Mohimont, University of Namur jolan.mohimont@unamur.be The Persistent Effects of Monsoon Rainfall Shocks in India: A Nonlinear VAR Approach Presented by: Matthias Hertweck, University of Konstanz Follow the money: Does the financial sector intermediate natural resource windfalls? Presented by: Steven Poelhekke, Vrije Universiteit Amsterdam Empirical Framework for Macroeconomic Policies in a Developing Economy Presented by: Jolan Mohimont, University of Namur Session 257: Early-Life Investment in Human Capital August 23, 2017 14:15 to 16:00 C3.02, ed. II Session Chair: Marco Alfano, University of Strathclyde m.alfano@ucl.ac.uk Perceived returns from early-life investments and maternal investments in children Presented by: Paulino Font Gilabert, University of Essex Home and Away: A SEM Approach to Understanding the Impact of Maternal Employment in Infancy on Non-Cognitive Development in the First Seven Years Presented by: Therese McDonnell, University College Dublin The First 2,000 Days and Child Skills: Evidence from a Randomized Experiment of Home Visiting Presented by: Orla Doyle, University College Dublin Islamic Law and Investments in Children: Evidence from the Sharia Introduction in Nigeria Presented by: Marco Alfano, University of Strathclyde Session 258: Economic Growth and Technical Change August 23, 2017 14:15 to 16:00 AA2.25, Ala Autónoma Session Chair: Eva Nalbach, evanalbach@gmail.com Endogenous Growth and Entropy Presented by: Pedro Gil, University of Porto Simultaneous Innovation and Economic Growth Presented by: Miroslav Gabrovski, University of California, Riverside Sharing Economy: Dynamic General Equilibrium Effects Presented by: Eva Nalbach, Session 259: FDI Spillovers August 23, 2017 14:15 to 16:00 C5.06, ed. II Session Chair: Victoria Purice, University of Groningen v.purice@rug.nl Foreign Investment and Domestic Productivity: Identifying Knowledge Spillovers and Competition Effects Presented by: Bent Sorensen, University of Houston Microeconomic mechanisms behind export spillovers from FDI: Evidence from Bulgaria Presented by: Michele Imbruno, CERDI Université Clermont Auvergne and GEP FDI Spillover Studies With Incomplete Datasets: The Case Of Indonesia Presented by: Dea Tusha, Utrecht University FDI and Borders: Evidence of Knowledge Spillovers from Neighbouring Countries Presented by: Victoria Purice, University of Groningen Session 260: Financial Markets August 23, 2017 14:15 to 16:00 AA3.40, Ala Autónoma Session Chair: Riccardo DiCecio, Federal Reserve Bank of St. Louis riccardo.dicecio@me.com Regulating Small Dollar Loans: The Role of Delinquency Presented by: Florian Exler, University of Mannheim Corporate Debt Composition and Business Cycles Presented by: Jelena Zivanovic, Humboldt-Universität zu Berlin Noise-Ridden Lending Cycles Presented by: Jochen Guentner, Johannes Kepler University Linz Reallocation of Credit Across Banks and Firms: A SVAR Analysis Presented by: Riccardo DiCecio, Federal Reserve Bank of St. Louis Session 261: Gains from Trade August 23, 2017 14:15 to 16:00 C4.08, ed. II Session Chair: Sebastian Stumpner, University of Montreal sebastian.stumpner@umontreal.ca Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement Presented by: Luca David Opromolla, Banco de Portugal Non-tariff barriers to trade: measuring the gains from standard harmonization Presented by: Julia Schmidt, Banque de France Estimating the U.S. Consumer Gains from Chinese Import Penetration Presented by: Sebastian Stumpner, University of Montreal Session 262: Healthcare Markets August 23, 2017 14:15 to 16:00 C6.10, ed. II Session Chair: Ieva Sriubaite, CINCH Health Ecocnomics Research Center ieva.sriubaite@uni-due.de Reference Pricing and Parallel Imports Presented by: Laura Birg, U Göttingen Eliciting Patients' Preferences in Kidney Transplantation: A Discrete Choice Experiment Presented by: Mesfin Genie, Ca' Foscari University of Venice Perceived quality and choice of health care provider: Analyzing the determinants of choice of maternity clinics for pregnant women Presented by: Ieva Sriubaite, CINCH Health Ecocnomics Research Center Session 263: Individual Choice I August 23, 2017 14:15 to 16:00 Auditório 0NE01, ed. I Session Chair: Alexander Vostroknutov, University of Trento aevk79@gmail.com (Mis-)Predicted Subjective Well-Being Following Life Events Presented by: Reto Odermatt, University of Basel Does Self-Control Depletion Affect Risk Attitudes? Presented by: Jana Willrodt, University of Bonn Local Thinking and Skewness Preferences Presented by: Mats Köster, Heinrich-Heine University Düsseldorf Structural Estimation of Past and Future Regret Preferences in an Optimal Stopping Experiment Presented by: Alexander Vostroknutov, University of Trento Session 264: Inequality II August 23, 2017 14:15 to 16:00 C3.01, ed. II Session Chair: Martin Ljunge, Research Institute of Industrial Economi martinljunge@gmail.com One vs. Two Instruments for Redistribution: The Case of Public Utility Pricing Presented by: Fabian Feger, University of Bern So close yet so unequal: Reconsidering spatial inequality in U.S. cities Presented by: Francesco Andreoli, Luxembourg Institute of Socio-Economic Research (LISER) Income inequality and redistribution in the aftermath of the 2007-2008 crisis: the US case Presented by: Vanda Almeida, Paris School of Economics, Banco de Portugal The Three Deep Roots of Redistribution Presented by: Martin Ljunge, Research Institute of Industrial Economi Session 265: Inflation Dynamics August 23, 2017 14:15 to 16:00 AA3.29, Ala Autónoma Session Chair: Philip Vermeulen, European Central Bank philip.vermeulen@ecb.int Implications for Aggregate Inflation of Sectoral Asymmetries: Generalizing Woodford Presented by: Hannu Koskinen, University of Tampere Product Turnover and Deflation: Evidence from Japan Presented by: Kozo Ueda, Waseda University Shocks or Menu Costs: Explaining the Patterns of Price Rigidity in France Presented by: Erwan Gautier, Banque de France Consumer taste change bias in the measurement of inflation: evidence from barcode data Presented by: Philip Vermeulen, European Central Bank Session 266: Information August 23, 2017 14:15 to 16:00 B2.02, ed. II Session Chair: Alexei Parakhonyak, University of Oxford parakhonyak@yandex.ru Prominence, Complexity, and Pricing Presented by: Ioana Chioveanu, Brunel University Reputation for Data Security: Do Firms Care Enough to Invest? Presented by: Ying Lei Toh, Toulouse School of Economics Insurance Pools for New Undiversifiable Risk Presented by: Carole Haritchabalet, UPPA-CATT & TSE Inducing Herding with Capacity Constraints Presented by: Alexei Parakhonyak, University of Oxford Session 267: Information and Portfolio Choice in Sovereign Debt August 23, 2017 14:15 to 16:00 C4.07, ed. II Session Chair: Christian Hellwig, Toulouse School of Economics christian.hellwig@tse-fr.eu Credit ratings and sovereign default Presented by: Xavier Mateos-Planas, Queen Mary University of London On the optimal design of a Financial Stability Fund Presented by: Arpad Abraham, European University Institute Demography, Capital Flows and International Portfolio Choice over the Life-cycle Presented by: Katja Mann, University of Bonn Sovereign Default and Information Frictions Presented by: Christian Hellwig, Toulouse School of Economics Session 268: Labor Supply August 23, 2017 14:15 to 16:00 B2.01, ed. II Session Chair: Andrea Weber, Vienna University of Economics and Busin andrea.weber@wu.ac.at Family labor supply and asset returns Presented by: Claudio Daminato, ETH Zurich Childcare and Maternal Labor Supply – a Cross-Country Analysis of Quasi-Experimental Estimates from 7 Countries Presented by: Agnes Szabo-Morvai, Hungarian Academy of Sciences, CERS Does subsidized care for toddlers increase maternal labor supply? Evidence from a large-scale expansion of early childcare Presented by: Kai-Uwe Mueller, DIW Berlin Job displacement, family dynamics and spousal labor supply Presented by: Andrea Weber, Vienna University of Economics and Busin Session 269: Law and Economics August 23, 2017 14:15 to 16:00 2E02, ed. I Session Chair: Daniel Chen, Toulouse School of Economics daniel.li.chen@gmail.com The fall of capital punishment and the rise of prisons: How punishment severity affects jury verdicts Presented by: Anna Bindler, University of Gothenburg Shari'a Law and Economic Growth Presented by: Gabriele Lattanzio, The University of Oklahoma Does Trust Beneficiary Protection Affect the Performance of Trust Companies? An Analysis Based on the Theory of Law and Finance Presented by: JINXIAN LI, HUNAN UNIVERSITY COVERING: MUTABLE CHARACTERISTICS AND PERCEPTIONS OF VOICE IN THE U.S. SUPREME COURT Presented by: Daniel Chen, Toulouse School of Economics Session 270: Monetary Policy Design III August 23, 2017 14:15 to 16:00 Auditório Caiano Pereira, ed. I Session Chair: Jordi Galí, CREI, Universitat Pompeu Fabra and Barcelona GSE jgali@crei.cat Discretion Rather than Rules: Equilibrium Determinacy and Forward Guidance with Inconsistent Optimal Plans Presented by: Jeffrey Campbell, Federal Reserve Bank of Chicago Safety, Liquidity, and the Natural Rate of Interest Presented by: Marco Del Negro, Federal Reserve Bank of New York Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations Presented by: Jordi Galí, CREI, Universitat Pompeu Fabra and Barcelona GSE Session 271: Productivity I August 23, 2017 14:15 to 16:00 C5.02, ed. II Session Chair: Harald Hau, University of Geneva and Swiss Finance I prof@haraldhau.com Asymmetric effects on production and labor cost from employing workers with educational mismatch Presented by: Daniel Halvarsson, The Ratio Institute Stars and Brokers: Knowledge Spillovers among Medical Scientists Presented by: Myra Mohnen, University of Essex Productivity spillovers through labor flows: The effect of the productivity gap, foreign-owned firms, and skill-relatedness Presented by: Zsolt Csáfordi, Hungarian Academy of Sciences CERS Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy Presented by: Harald Hau, University of Geneva and Swiss Finance I Session 272: Real Effects of Financial Frictions August 23, 2017 14:15 to 16:00 AA3.26, Ala Autónoma Session Chair: Sudipto Karmakar, Banco de Portugal skarmakar@bportugal.pt Capital Misallocation during the Great Recession Presented by: Alessandro Di Nola, University of Konstanz Debt-Ridden Borrowers and Economic Slowdown Presented by: Keiichiro Kobayashi, Keio University Inflation, Inventory, and Credit Market Disruptions: Micro-level Evidence and Aggregate Implications Presented by: Ryan Kim, Columbia University Real Effects of Financial Distress: The Role of Heterogeneity Presented by: Sudipto Karmakar, Banco de Portugal Session 273: Teachers and Education Outcomes August 23, 2017 14:15 to 16:00 C5.08, ed. II Session Chair: Hedvig Horvath, University College London h.horvath@ucl.ac.uk Does Teacher Sorting across and within Schools Contribute to Inequality in Education Outcomes? Presented by: Petra Thiemann, University of Southern California Students are Almost as Effective as Professors in Tutorial Teaching Presented by: Nicolas Salamanca, University of Melbourne From Teacher Quality to Teaching Quality: Instructional Productivity and Teaching Practices in the US Presented by: Simon Briole, Paris School of Economics Teacher Peers at School: How Do Colleagues Affect Value-Added and Student Assignments? Presented by: Hedvig Horvath, University College London Session 274: Behavioral Macroeconomics August 23, 2017 14:15 to 16:00 AA3.28, Ala Autónoma Session Chair: Cars Hommes, University of Amsterdam C.H.Hommes@uva.nl Coordination on Bubbles in Large-Group Asset Pricing Experiments Presented by: Myrna Hennequin, University of Amsterdam Deflating asset price bubbles with leverage constraints and monetary policy Presented by: Luba Petersen, Simon Fraser University De-Framing the Rules to (De)-anchor Beliefs in Beauty Contest Games Presented by: Rosemarie Nagel, ICREA-UPF-BGSE Learning to Believe in Simple Equilibria in a Complex OLG Economy - evidence from the lab Presented by: Cars Hommes, University of Amsterdam Session 275: Consumption and Wellbeing Over the Lifecycle August 23, 2017 14:15 to 16:00 AA2.28, Ala Autónoma Session Chair: Daniel Barczyk, McGill University daniel.barczyk@mcgill.ca Heterogeneity and Persistence in Returns to Wealth Presented by: Andreas Fagereng, Statistics Norway The Lifetime Costs of Bad Health Presented by: Mariacristina De Nardi, Federal Reserve Bank of Chicago Household Finance and the Value of Life Presented by: Daniel Harenberg, ETH Zurich Why do People Leave Bequests? A Quantitative Exploration Presented by: Daniel Barczyk, McGill University Session 276: Disclosure Policies and Incentives August 23, 2017 14:15 to 16:00 AA2.24, Ala Autónoma Session Chair: Tobias Gesche, University College London t.gesche@ucl.ac.uk Cooperation in Social Dilemmas through Position Uncertainty Presented by: Ignacio Monzon, Collegio Carlo Alberto Disclosure Regulation Presented by: Stefan Terstiege, Maastricht University Memory and Markets Presented by: Sergei Kovbasyuk, Einaudi Institute for Economics and Fina De-biasing Strategic Communication Presented by: Tobias Gesche, University College London Session 277: DSGE and Structural Models August 23, 2017 14:15 to 16:00 C4.02, ed. II Session Chair: Susumu Imai, Hokkaido University susimaig@gmail.com A factor-augmented quantile regression model with time-varying factor loadings Presented by: Alev Atak, City, University of London Level and Volatility Shocks to Fiscal Policy: Term Structure Implications Presented by: Alex Hsu, Georgia Institute of Technology Latent Variable Analysis in Structural Models: A New Decomposition of the Kalman Smoother Presented by: Cristina Fuentes-Albero, Federal Reserve Board Identification and Estimation of Differentiated Products Models using Market Size and Cost Data Presented by: Susumu Imai, Hokkaido University Session 278: Econometric Theory August 23, 2017 14:15 to 16:00 C6.02, ed. II Session Chair: Enrique Sentana, CEMFI sentana@cemfi.es The Subcluster Wild Bootstrap for Few (Treated) Clusters Presented by: Matthew Webb, Carleton University Confidence intervals in high-dimensional regression based on regularized pseudoinverses Presented by: Tom Boot, University of Groningen Second-Order Asymptotic Theory for Nonlinear Models with Heterogeneous Observations Presented by: Paul Rilstone, York University Consistent non-Gaussian pseudo maximum likelihood estimators Presented by: Enrique Sentana, CEMFI Session 279: Heterogeneity and Competition August 23, 2017 14:15 to 16:00 C5.09, ed. II Session Chair: Andreas Hefti, University of Zurich; Zurich University andreas.hefti@econ.uzh.ch Endogenizing monopolistic competition Presented by: Sergey Kokovin, National Research University Higher School of Economics and NSU Welfare in multisectoral models with endogenous product variety Presented by: Sergey Kichko, National Research University Higher School of Economics Continuous Spatial Monopolistic Competition: Matching Goods with Consumers Presented by: Maxim Goryunov, EUI, CERGE-EI and NRU HSE Distributional comparative statics with heterogeneous agents Presented by: Andreas Hefti, University of Zurich; Zurich University Session 280: Housing and the Macroeconomy August 23, 2017 14:15 to 16:00 C6.01, ed. II Session Chair: Knut Are Aastveit, Norges Bank Knut-Are.Aastveit@norges-bank.no Housing and Tax-deferred Retirement Accounts Presented by: Anson Ho, Bank of Canada Equilibrium foreign currency mortgages Presented by: Marcin Kolasa, Narodowy Bank Polski How Auctions Amplify House-Price Fluctuations Presented by: Alina Arefeva, Johns Hopkins Carey Business School Asymmetric effects of monetary policy in regional housing markets Presented by: Knut Are Aastveit, Norges Bank Session 281: Institutions and Economic Growth August 23, 2017 14:15 to 16:00 AA3.23, Ala Autónoma Session Chair: Moshe Hazan, Tel Aviv University moshehaz@post.tau.ac.il State Capacity and Public Goods: Institutional Change, Human Capital, and Growth in Early Modern Europe Presented by: Jeremiah Dittmar, London School of Economics Bankruptcy and Investment: Evidence from Changes in Marital Property Laws in the U.S. South, 1840-1850 Presented by: Peter Koudijs, Stanford The Medieval Roots of Democratization: From the Norman Conquest of England to the Great Reform Act Presented by: Nico Voigtlaender, UCLA women's liberation as a financial innovation Presented by: Moshe Hazan, Tel Aviv University Session 282: International Trade II August 23, 2017 14:15 to 16:00 C2.02, ed. II Session Chair: Andrea Waddle, University of Richmond andrea.waddle@gmail.com International Competition and Labor Market Adjustment Presented by: Joao Paulo Pessoa, FGV-Sao Paulo School of Economics / Centre for Economic performance The impact of service and goods offshoring on employment: Firm-level evidence Presented by: Carmine Ornaghi, University of Southampton Entrepreneurial Risk and Diversification through Trade Presented by: Federico Esposito, Tufts University Trade, Technological Change, and Wage Inequality:The Case of Mexico Presented by: Andrea Waddle, University of Richmond Session 283: Labour Markets and Search III August 23, 2017 14:15 to 16:00 C2.01, ed. II Session Chair: Marianna Kudlyak, Federal Reserve Bank of San Francisco mkudlyak@gmail.com Long Live the Vacancy Presented by: Christian Haefke, New York University, Abu Dhabi Costly Commuting and the Job Ladder Presented by: Jean Flemming, University of Oxford The U-shape of Over-education? Presented by: Ammar Farooq, Georgetown University Generalized Matching Functions and Resource Utilization Indices for the Labor Market Presented by: Marianna Kudlyak, Federal Reserve Bank of San Francisco Session 284: Monetary Policy August 23, 2017 14:15 to 16:00 AA3.25, Ala Autónoma Session Chair: Mark Rempel, University of Wisconsin - Madison a.mark.rempel@gmail.com What Drives Money Velocity? Presented by: Sophie Altermatt, University of Bern The Effect of Firm Cash Holdings on Monetary Policy Presented by: Andre Silva, Universidade Nova de Lisboa Monetary Normalizations and Consumer Credit: Evidence from Fed Liftoff and Online Lending Presented by: Isaiah Hull, Sveriges Riksbank Intraday Trade Dynamics in Short-term Funding Markets Presented by: Mark Rempel, University of Wisconsin - Madison Session 285: Optimal Taxation August 23, 2017 14:15 to 16:00 C4.06, ed. II Session Chair: Alexey Kushnir, Carnegie Mellon University Tepper Busine alexey.kushnir@gmail.com Capital Taxation in a Chamley-Judd Economy with a Collateral Constraint Presented by: Alexandros Vardoulakis, Board of Governors of the Federal Reserv Optimal Redistribution with a Shadow Economy Presented by: Paweł Doligalski, University of Bristol Entrepreneurship, Agency Frictions and Redistributive Capital Taxation Presented by: Matthew Knowles, University of Leicester Market Power and Optimal Income Taxation Presented by: Robertas Zubrickas, University of Bath Session 286: Persuasion I August 23, 2017 14:15 to 16:00 C5.01, ed. II Session Chair: Doron Ravid, University of Chicago dravid@uchicago.edu Extensive and Concise Communication Presented by: Sho Miyamoto, KU Leuven Delegated Certification Presented by: Jacopo Bizzotto, U Oslo Persuasion for the Long-Run Presented by: James Best, University of Oxford The Price of Cheap Talk Presented by: Doron Ravid, University of Chicago Session 287: Productivity II August 23, 2017 14:15 to 16:00 C6.08, ed. II Session Chair: Iacopo Morchio, University of Vienna iacopo.morchio@univie.ac.at REALLOCATION, COMPETITION and PRODUCTIVITY: EVIDENCE FROM A FINANCIAL LIBERALIZATION EPISODE Presented by: Liliana Varela, University of Houston Addressing Selection: Experimental Evidence from Design Variations in a Skills Training Program Presented by: Muhammad Farooq Naseer, Lahore University of Management Sciences Evaluating Policies for Early Skills Formation Presented by: Iacopo Morchio, University of Vienna Session 288: Resource Allocation and Growth in Developing Countries August 23, 2017 14:15 to 16:00 AA2.26, Ala Autónoma Session Chair: Stephen Ayerst, University of Toronto stephen.ayerst@mail.utoronto.ca The Mechanics of City Growth Through Spatial Allocation of Human Capital Presented by: Yue Yuan, University of Chicago Occupational Choice, Human Capital, and Financial Constraints Presented by: Rui Castro, Western University The drivers of life-cycle growth of manufacturing plants Presented by: Marcela Eslava, Universidad de Los Andes Spillovers, Adoption and Technology Composition Presented by: Stephen Ayerst, University of Toronto Session 289: Semi/Nonparametric Methods I August 23, 2017 14:15 to 16:00 C4.01, ed. II Session Chair: Jeffrey Racine, McMaster University racinej@mcmaster.ca Non-parametric Credit Rating Presented by: Russell Moro, Brunel University London Inference in Nonparametric Series Estimation with Data-Dependent Undersmoothing Presented by: Byunghoon Kang, Lancaster University OPTIMAL MODEL AVERAGING OF VARYING COEFFICIENT MODELS Presented by: Jeffrey Racine, McMaster University Session 290: Stability in Network Formation and Matching August 23, 2017 14:15 to 16:00 C5.07, ed. II Session Chair: Ady Pauzner, Tel Aviv University pauzner@gmail.com Stability and Efficiency in Decentralized Two-Sided Markets with Weak Preferences Presented by: Radoslav Raykov, Bank of Canada Matching with Homophily Presented by: Antonio Nicolo, University of Padova, Italy Uniqueness, stability and comparative statics for two-person games with strategic substitutes and with incomplete information Presented by: Ady Pauzner, Tel Aviv University Session 291: Structural Change August 23, 2017 14:15 to 16:00 C4.05, ed. II Session Chair: Junghoon Lee, Emory University junghoon.lee@emory.edu Misallocation, Selection and Productivity: A Quantitative Analysis with Panel Data from China Presented by: Diego Restuccia, University of Toronto Relative Prices and Sectoral Productivity Presented by: Margarida Duarte, University of Toronto The diffusion of economic activity across space: a new approach Presented by: Agustin Perez-Barahona, THEMA, University of Cergy-Pontoise Technological Change and Reallocation Presented by: Junghoon Lee, Emory University Session 292: Behavioral Political Economy August 23, 2017 16:30 to 17:45 C5.02, ed. II Session Chair: Nikolaj Harmon, University of Copenhagen nikolaj.harmon@econ.ku.dk Norms in Bargaining: Evidence from Government Formation in Spain Presented by: Carlos Sanz, Banco de España Compulsory Voting, Voter Turnout and Asymmetrical Habit-formation Presented by: Stefanie Gäbler, Ifo Institut Peer Effects in Legislative Voting Presented by: Nikolaj Harmon, University of Copenhagen Session 293: Credit Markets in Developing Countries August 23, 2017 16:30 to 17:45 C6.07, ed. II Session Chair: Anett John, CREST anett.john@ensae.fr Flexible Microfinance Products for Financial Management by the Poor: Evidence from SafeSave Presented by: Carolina Laureti, Université libre de Bruxelles Risky Collateral in Credit Markets with Imperfect Information Presented by: Stuart McDonald, Renmin University of China Maintaining Repayment Discipline While Reducing Peer Pressure in Microfinance: Repayment Flexibility vs Social Insurance Presented by: Anett John, CREST Session 294: Crime II August 23, 2017 16:30 to 17:45 C3.02, ed. II Session Chair: Naci Mocan, LSU and NBER mocan@lsu.edu Lost Boys: Entry to Upper Secondary Education and Crime Presented by: Hanna Virtanen, Elinkeinoelämän tutkimuslaitos (ETLA) The Effect of Stolen Goods Markets on Crime: Pawnshops, Property Thefts, and the Gold Rush of the 2000s Presented by: Rocco d'Este, University of Sussex Session 295: Early Tracking and Education Outcomes August 23, 2017 16:30 to 17:45 C3.01, ed. II Session Chair: Marcus Roller, University of Basel marcus.roller@unibas.ch The Causal Effect of Early Tracking on Educational Attainment and the Role of Sociodemographic Characteristics Presented by: Dominique Lemmermann, University of Erlangen-Nuremberg Educational transitions and heterogeneous returns in a system with early tracking and ‘second chance’ options Presented by: Madalina Tapalaga, University of Tübingen The Distributional Effects of Early School Stratification - Non-Parametric Evidence from Germany Presented by: Marcus Roller, University of Basel Session 296: Empirical Finance, Investment and Employment August 23, 2017 16:30 to 17:45 AA2.23, Ala Autónoma Session Chair: Luciana Barbosa, Bank of Portugal llucianabarbosa@gmail.com The Green Bond Premium Presented by: Olivier David Zerbib, University of Lyon Are private investors willing to pay for sustainable investments? A stated choice experiment Presented by: Andreas Ziegler, University of Kassel Credit Supply Shocks and Labor Outcomes: Evidence from a Change in the Accounting Norms of Bank Pension Plans Presented by: Luciana Barbosa, Bank of Portugal Session 297: Financial Econometrics August 23, 2017 16:30 to 17:45 AA3.24, Ala Autónoma Session Chair: Makram El-Shagi, Henan University, Kaifeng makram.elshagi@gmail.com Investors' favourite - A different look at valuing individual labour income Presented by: Jan Voelzke, University of Muenster Market Sentiment and Paradigm Shifts in Equity Premium Forecasting Presented by: Liya Chu, Singapore Management University Why they keep missing: An empirical investigation of rational inattention of rating agencies Presented by: Makram El-Shagi, Henan University, Kaifeng Session 298: Fraud and Rigging in Financial Markets August 23, 2017 16:30 to 17:45 AA3.29, Ala Autónoma Session Chair: Julio Crego, CEMFI jacrego@cemfi.edu.es Disentangling Crowdfunding from Fraudfunding Presented by: Moein Karami, Concordia University Rigged Economies Presented by: Archishman Chakraborty, Yeshiva University Does Public News Decrease Information Asymmetries? Presented by: Julio Crego, CEMFI Session 299: Individual Choice II August 23, 2017 16:30 to 17:45 AA3.40, Ala Autónoma Session Chair: Miguel A. Costa-Gomes, University of St Andrews miguel.costa-gomes@st-andrews.ac.uk What is behind ambiguity aversion? Presented by: Loic Berger, IESEG School of Management Education, Decision-making, and Rationality Presented by: Leandro Carvalho, University of Southern California Choice, Deferral and Consistency Presented by: Miguel A. Costa-Gomes, University of St Andrews Session 300: Insurance Markets August 23, 2017 16:30 to 17:45 AA2.25, Ala Autónoma Session Chair: Alessia Russo, Norwegian Business School BI alessiarusso82@gmail.com The role of insurance companies in a risky economy Presented by: Arnaud Goussebaile, Ecole Polytechnique On the Possibility of Informative Equilibria in Futures Markets with Feedback Presented by: Robert Lieli, Central European University Sustainable Intergenerational Insurance Presented by: Alessia Russo, Norwegian Business School BI Session 301: Intended and Unintended Consequences of Unconventional Monetary Policy and Negative Interest Rates (ECB Sponsored Session) August 23, 2017 16:30 to 17:45 C5.08, ed. II Session Chair: Michael Ehrmann, European Central Bank michael.ehrmann@ecb.int The Short-Run Effect Of Monetary Policy Shocks On Credit Risk: An Analysis Of The Euro Area Presented by: Lars Other, Friedrich-Schiller-University Jena Negative interest rates, excess liquidity and bank business models: Banks’ reaction to unconventional monetary policy in the euro area Presented by: Jens Eisenschmidt, European Central Bank Macroprudential Policies in a Low Interest-Rate Environment Presented by: Margarita Rubio, University of Nottingham Session 302: Labor Contracts August 23, 2017 16:30 to 17:45 B2.01, ed. II Session Chair: Eirik Kristiansen, NHH eirik.kristiansen@nhh.no Job Security and Fertility Decision Presented by: Marta Lopes, NovaSBE Cheat or Perish? A Theory of Scientific Customs Presented by: Sarah Necker, Competitive Compensation Contracts Presented by: Eirik Kristiansen, NHH Session 303: Labor Market Reforms in Europe August 23, 2017 16:30 to 17:45 C6.10, ed. II Session Chair: Ramon Marimon, European University Institute and UPF - Barcelona GSE ramon.marimon@eui.eu The Effects of Wage Flexibility on Activity and Employment in the Spanish Economy Presented by: Rafael Domenech, Universidad de Valencia and BBVA Research Unemployment insurance union Presented by: Marius Clemens, German Institute for Economic Research (DIW Berlin) On the Design of a European Unemployment Insurance Mechanism Presented by: Ramon Marimon, European University Institute and UPF - Barcelona GSE Session 304: Persuasion II August 23, 2017 16:30 to 17:45 AA3.26, Ala Autónoma Session Chair: Jesper Rudiger, University of Copenhagen jrudiger@gmail.com An Informational Theory of Privacy Presented by: Christoph Schottmueller, University of Copenhagen Hidden Testing and Selective Disclosure of Evidence Presented by: Claudia Herresthal, University of Cambridge How to Persuade a Long-Run Decision Maker Presented by: Jesper Rudiger, University of Copenhagen Session 305: The Political Economy of Immigration August 23, 2017 16:30 to 17:45 C4.08, ed. II Session Chair: Tobias Mueller, University of Geneva tobias.mueller@unige.ch Immigration to the U.S.: A problem for the Republicans or the Democrats? Presented by: Walter Steingress, Bank of Canada Income Comparisons and Attitudes towards Foreigners - Evidence from a Natural Experiment Presented by: Walter Hyll, Halle Institute for Economic Research (IWH) Exposure to Immigrants and Voting on Immigration Policy: Evidence from Switzerland Presented by: Tobias Mueller, University of Geneva Session 306: Unconventional Monetary Policies III August 23, 2017 16:30 to 17:45 C4.07, ed. II Session Chair: Marcello Miccoli, Bank of Italy marcello.miccoli@bancaditalia.it Quantitative Easing in the Euro Area - An Event Study Approach Presented by: Florian Urbschat, LMU Munich The Time Varying Effect of Unconventional Monetary Policy Presented by: Carlos Montes-Galdon, European Central Bank The collateral channel of unconventional monetary policy Presented by: Marcello Miccoli, Bank of Italy Session 307: Wealth Inequality and Taxation August 23, 2017 16:30 to 17:45 Auditório Caiano Pereira, ed. I Session Chair: Linus Mattauch, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford mattauch@mcc-berlin.net A Head-to-head Comparison of Augmented Wealth in Germany and the United States Presented by: Markus Grabka, DIW Berlin The Elasticity of Taxable Wealth: Evidence from Switzerland Presented by: Matthias Krapf, University of Basel Piketty meets Pasinetti: On public investment and intelligent machinery Presented by: Linus Mattauch, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford Session 308: Duration Analysis August 23, 2017 16:30 to 17:45 AA2.24, Ala Autónoma Session Chair: Yuhao LI, Universidad Carlos III de Madrid yuli@eco.uc3m.es Hazardous or Not? Early Cannabis Use and the School to Work Transition of Young Men Presented by: Jenny Williams, University of Melbourne Interdependent Durations with Incomplete Information Presented by: Ruixuan Liu, Emory University The Cost-Sharing, Shadow Price and Cluster in Medical Care Utilization: A Self-Exciting Perspective Presented by: Yuhao LI, Universidad Carlos III de Madrid Session 309: Co-Movements and Copulas in Financial Markets August 23, 2017 16:30 to 17:45 C6.01, ed. II Session Chair: Siem Jan Koopman, VU University Amsterdam / FEWEB s.j.koopman@vu.nl Stock price co-movement and the foundations of pairs trading Presented by: Erik Hjalmarsson, Quasi-randomization tests of copula symmetry Presented by: Juwon Seo, National University of Singapore Intraday Stock Price Dependence using Dynamic Discrete Copula Distributions Presented by: Siem Jan Koopman, VU University Amsterdam / FEWEB Session 310: Contract Theory II August 23, 2017 16:30 to 17:45 C2.01, ed. II Session Chair: Yair Antler, University of Essex yair.an@gmail.com Optimal Contracts for Human Capital Acquisition and Organizational Beliefs Presented by: Kimiyuki Morita, Osaka University of Economics Ownership and Incentives Presented by: Oleg Rubanov, University of Bonn Multilevel Marketing: Pyramid-Shaped Schemes or Exploitative Scams Presented by: Yair Antler, University of Essex Session 311: Financial Risk and Crises August 23, 2017 16:30 to 17:45 C4.05, ed. II Session Chair: Hang Sun, Maastricht University h.sun@maastrichtuniversity.nl Financial Sector Bailouts, Sovereign Bailouts and the Transfer of Credit Risk Presented by: Matthew Greenwood-Nimmo, University of Melbourne Market credit risk in Europe Presented by: Ana-Maria H. Dumitru, University of Surrey Crisis-Contingent Dynamics of Connectedness: An SVAR-Spatial-Network "Tripod" Model with Thresholds Presented by: Hang Sun, Maastricht University Session 312: Forecasting and Program Evaluation August 23, 2017 16:30 to 17:45 C6.08, ed. II Session Chair: Jack Fosten, University of East Anglia j.fosten@uea.ac.uk Revisiting the Synthetic Control Estimator Presented by: Cristine Pinto, São Paulo School of Economics - EESP/FGV Survey Design and Forecast Accuracy Presented by: Joao Issler, Getulio Vargas Foundation Testing Nowcast Monotonicity with Estimated Factors Presented by: Jack Fosten, University of East Anglia Session 313: Inference in Forecasting August 23, 2017 16:30 to 17:45 C4.02, ed. II Session Chair: Daniel Grabowski, Justus-Liebig University Giessen grabodan@web.de Evaluation of Probabilistic Forecasts: Conditional Auto-calibration Presented by: Alexander Tsyplakov, Novosibirsk State University Testing Forecast Accuracy of Expectiles and Quantiles with the Extremal Consistent Loss Functions Presented by: Yu-Min Yen, National Chengchi University Generating prediction bands for path forecasts from SETAR models Presented by: Daniel Grabowski, Justus-Liebig University Giessen Session 314: Mark-ups, Quality and Productivity August 23, 2017 16:30 to 17:45 AA3.23, Ala Autónoma Session Chair: Eric Verhoogen, Columbia University eric.verhoogen@columbia.edu Unraveling Firms: Demand, Productivity and Markups Heterogeneity Presented by: Giordano Mion, University of Sussex Export Destinations and Input Prices Presented by: Paulo Bastos, The World Bank Using Exchange Rates to Estimate Production Functions Presented by: Eric Verhoogen, Columbia University Session 315: Marriage, Divorce and Childcare August 23, 2017 16:30 to 17:45 C2.02, ed. II Session Chair: Marianne Bruins, Oxford University marianne.bruins@gmail.com Where did it go wrong? Marriage and divorce in Malawi Presented by: Selma Walther, University of Warwick Should divorce be quick and cheap? Empirical evidence from the Netherlands Presented by: Jan Kabatek, The University of Melbourne TANF, Child Care and Child Well-Being in Sole-Parent Families Presented by: Marianne Bruins, Oxford University Session 316: Public Debt August 23, 2017 16:30 to 17:45 C4.01, ed. II Session Chair: Alexandru Minea, University of Auvergne alexandru.minea@udamail.fr Optimal Public Debt with Life Cycle Motives Presented by: William Peterman, Federal Reserve Board of Governors Monetary Commitment and the Level of Public Debt Presented by: Luisa Lambertini, EPFL Public Debt, Endogenous Growth Cycles and Indeterminacy Presented by: Alexandru Minea, University of Auvergne Session 317: RCTs in Health, Education and Aid in South Asia August 23, 2017 16:30 to 17:45 AA3.28, Ala Autónoma Session Chair: Andreas Landmann, Paris School of Economics alandmann@povertyactionlab.org Individualized Self-learning Program to Improve Primary Education: Evidence from a Randomized Field Experiment in Bangladesh Presented by: Minhaj Mahmud, Bangladesh Institute of Development Studies Humanitarian Aid and Natural Disasters: An Impact Evaluation in Pakistan Presented by: Alexandra Avdeenko, University of Mannheim Adverse Selection in Low-Income Health Insurance Markets: Evidence from a large-scale RCT in Pakistan Presented by: Andreas Landmann, Paris School of Economics Session 318: Retirement II August 23, 2017 16:30 to 17:45 AA2.28, Ala Autónoma Session Chair: Claudio Daminato, ETH Zurich dclaudio@ethz.ch Optimal Retirement Policies with Time-Inconsistent Agents Presented by: Pei Cheng Yu, University of New South Wales When Firms Retain Old Workers: Evidence From a Pension Reform Presented by: Matteo Paradisi, Harvard University The Life Cycle Effects of Pension Reforms: A Structural Approach Presented by: Claudio Daminato, ETH Zurich Session 319: Structural Dynamic Analyses in Industrial Organization August 23, 2017 16:30 to 17:45 AA2.26, Ala Autónoma Session Chair: Alexander MacKay, Harvard University amackay@hbs.edu Preemptive Entry and Technology Di¤usion in the Market for Drive-in Theaters Presented by: Ricard Gil, Johns Hopkins Antibiotic Prescribing under Uncertainty about Resistance Presented by: Michael Ribers, University of Zürich The Dynamics of Pass-through with Expected and Unexpected Costs Presented by: Alexander MacKay, Harvard University Session 320: Semi/Nonparametric Methods II August 23, 2017 16:30 to 17:45 AA3.25, Ala Autónoma Session Chair: Cleiton Taufemback, Universidad Carlos III de Madrid cguollo@eco.uc3m.es Measuring (Nonlinear) Granger Causality in Quantiles Presented by: Abderrahim Taamouti, Durham University Business School Transformed Polynomials for Semi-Nonparametric Conditional Volatility Presented by: Francisco Blasques, VU University Amsterdam A pivotal nonparametric Granger-causality test in the frequency domain Presented by: Cleiton Taufemback, Universidad Carlos III de Madrid Session 321: Topics in International Economics August 23, 2017 16:30 to 17:45 C6.02, ed. II Session Chair: Julio Garin, Claremont McKenna College jgarin@gmail.com Are all types of capital flows driven by the same factors? Evidence from Mexico Presented by: Raul Ibarra-Ramirez, Banco de México Labour Market Institutions in Open Economy Presented by: Povilas Lastauskas, CEFER The (Unknown) Costs of Good Intentions: News Effects of Repatriation Tax Changes Presented by: Julio Garin, Claremont McKenna College Session 322: Unemployment Insurance August 23, 2017 16:30 to 17:45 C5.01, ed. II Session Chair: Thomas Le Barbanchon, Bocconi University thomas.lebarbanchon@unibocconi.it Unemployment Insurance, Strategic Unemployment, and Firm-Worker Collusion Presented by: Janis Skrastins, Washington University in St. Louis Quasi-experimental Evidence on Take-up and the Value of Unemployment Insurance Presented by: François Fontaine, Paris School of Economics Unemployment Insurance and Reservation Wages: Evidence from Administrative Data Presented by: Thomas Le Barbanchon, Bocconi University Session 323: Rethinking Growth August 23, 2017 18:00 to 19:15 Aula Magna Session Chair: Jordi Galí, CREI, Universitat Pompeu Fabra and Barcelona GSE jgali@crei.cat Rethinking Growth Presented by: Philippe Aghion, College de France Session 324: Moral Hazard in Health Insurance: What Do We Know and How Do We Know It? August 24, 2017 9:00 to 10:15 Aula Magna Session Chair: Eliana La Ferrara, Bocconi University, Milan eeaef@eeassoc.org Moral Hazard in Health Insurance: What Do We Know and How Do We Know It? Presented by: Amy Finkelstein, MIT Session 325: Advances in Economic History August 24, 2017 10:45 to 12:45 Aud. B1.04, ed. II Session Chair: Imran Rasul, University College London i.rasul@ucl.ac.uk Session 326: Advances in Organizational Industrial Organization August 24, 2017 10:45 to 12:45 Aud. B1.03, ed. II Session Chair: Patrick Legros, Université libre de Bruxelles eeapal@eeassoc.org Come Together: Firm Boundaries and Delegation Presented by: Laura Alfaro, Harvard Business School Ultimate Ownership and Bank Competition Presented by: José Azar, IESE Business School Supply Assurance, Relational Contracts and Vertical Integration: Evidence from Costa Rica’s Coffee Chain Presented by: Rocco Macchiavello, LSE Session 327: Bounded Rationality August 24, 2017 10:45 to 12:45 Aud. B2.03, ed. II Session Chair: Kfir Eliaz, Tel-Aviv University kfire@post.tau.ac.il Session 328: Climate Change and Asset Pricing August 24, 2017 10:45 to 12:45 Aud. B2.04, ed. II Session Chair: Christian Gollier, Toulouse School of Economics eeacg@eeassoc.org Price of Long-Run Temperature Shifts in Capital Markets Presented by: Dana Kiku, U of Illinois at Urbana-Champaign Applying Asset Pricing Theory to Calibrate the Price of Climate Risk Presented by: Kent Daniel, Columbia University The Climate Beta Presented by: Christian Gollier, Toulouse School of Economics Session 329: How Can Economic Policy Raise Inflation? August 24, 2017 10:45 to 12:45 Grande Auditório, ed. II Session Chair: Ricardo Reis, London School of Economics r.a.reis@lse.ac.uk Anchoring Inflation Expectations Presented by: Ricardo Reis, London School of Economics Financial Heterogeneity and Monetary Union Presented by: Simon Gilchrist, Boston University Inflation, Inflation Expectations and Monetary Policy: Time Series Evidence Presented by: Lucrezia Reichlin, London Business School Session 330: The Measurement of Preferences August 24, 2017 10:45 to 12:45 Aud. J.J. Laginha, ed. I Session Chair: Tomasz Strzalecki, Harvard University tomasz_strzalecki@harvard.edu Session 331: Topics in Empirical International Trade August 24, 2017 10:45 to 12:45 Aud. 4, ed. I Session Chair: Penelopi Goldberg, Yale University eeapg@eeassoc.org Venting Out: Exports during a Domestic Slump Presented by: Pol Antràs, Harvard University Trade and Informality in the Presence of Labor Market Frictions Presented by: Penelopi Goldberg, Yale University Offshoring and the Shortening of the Quality Ladder: Evidence from Danish Apparel, Presented by: Sharon Treiberman, NYU Session 332: Banks' Capital Regulation August 24, 2017 14:15 to 16:00 B2.02, ed. II Session Chair: Michael Kogler, University of St. Gallen michael.kogler@unisg.ch Coco Design, Risk Shifting Incentives and Financial Fragility Presented by: Sweder van Wijnbergen, University of Amsterdam Specialisation in mortgage risk under Basel II Presented by: Nicola Garbarino, Bank of England Collective Strategic Defaults: Bailouts and Repayment Incentives Presented by: Razvan Vlahu, De Nederlandsche Bank Optimal Bank Regulation, the Real Sector, and the State of the Economy Presented by: Michael Kogler, University of St. Gallen Session 333: Beliefs and Behavior August 24, 2017 14:15 to 16:00 C4.07, ed. II Session Chair: Irenaeus Wolff, University of Konstanz wolff@twi-kreuzlingen.ch Looking at the Bright Side: the Motivation Value of Overconfidence Presented by: Hannah Schildberg-Hoerisch, University of Düsseldorf Cursed Bets on Markets Presented by: Philipp Albert, WZB Berlin Social Science Center Does Insurance make Overconfident? Presented by: Raphael Guber, Munich Center for the Economics of Aging (Un-)Stable Prefences, Beliefs, and the Predictability of Behaviour Presented by: Irenaeus Wolff, University of Konstanz Session 334: Climate Change August 24, 2017 14:15 to 16:00 AA2.25, Ala Autónoma Session Chair: Karol Mazur, European University Institute k.mazur@eui.eu Weather Fluctuations During Gestation and Human Capital Formation: Evidence from Peru Presented by: Manuel Barron, Universidad del Pacifico International Risk Sharing with Common Goods: The Case of Environment Presented by: Karol Mazur, European University Institute Session 335: Determinants of Education Outcomes August 24, 2017 14:15 to 16:00 B2.01, ed. II Session Chair: Juan F. Castro, Universidad del Pacifico castro_jf@up.edu.pe Time-inconsistency and the Effects of a Planning Prompt – Field Evidence from a MOOC Presented by: Sylvi Rzepka, RWI Education Attainment of School-Leavers in the Netherlands: Does Maternal Age Matter? Presented by: Sofie Cabus, Maastricht University Biology and the gender gap in educational performance – The role of prenatal testosterone in test scores Presented by: Esmée Zwiers, Erasmus School of Economics Revisiting Dynamic Complementarity in the Production of Cognitive Skill and its Implications for a Cognitive Achievement Gap Decomposition Presented by: Juan F. Castro, Universidad del Pacifico Session 336: Economic Growth and the Macroeconomy August 24, 2017 14:15 to 16:00 2E04, ed. I Session Chair: Peter McAdam, European Central Bank peter.mcadam@ecb.int R&D, Labour Market Institutions and Economic Growth: An integrated analysis with Cash-in-advance constraints Presented by: António Neto, University of Porto Interest premium and economic growth: the case of CEE Presented by: Istvan Konya, Hungarian Academy of Sciences The impact of business cycle fluctuations on aggregate endogenous growth rates Presented by: Marcin Bielecki, University of Warsaw and Narodowy Bank Polski Anatomy of a ``Miracle: Assessing the Reform Period in China Presented by: Peter McAdam, European Central Bank Session 337: Exchange Rate Policy Design August 24, 2017 14:15 to 16:00 2E08, ed. I Session Chair: Claire Giordano, Banca d'Italia claire.giordano@bancaditalia.it Euro Exit Risk Presented by: Ingmar Roevekamp, Leibniz University of Hanover Interest Rates and Exchange Rates in Normal and Crisis Times Presented by: Caterina Forti Grazzini, DIW Berlin The Relative Effectiveness of Spot and Derivatives Based Intervention Presented by: Milan Nedeljkovic, National Bank of Serbia; CESifo Doomed to disequilibrium? A reassessment of real exchange rate misalignments in the euro area Presented by: Claire Giordano, Banca d'Italia Session 338: Finance and Industrial Organization August 24, 2017 14:15 to 16:00 AA2.23, Ala Autónoma Session Chair: Vasco Santos, Universidade Nova de Lisboa vascos@fe.unl.pt Who Becomes the Winner? Effects of Venture Capital on Firms' Innovative Incentives Presented by: Bipasa Datta, University of York Is Wisdom of the Crowd a Positive Signal? Effects of Crowdfinancing on subsequent Venture Capital Selection Presented by: Michael Mödl, MPI for Innovation and Competition Fees, Reputation, and Rating Quality Presented by: Jacopo Bizzotto, U Oslo The Economics of Crowdfunding: Surplus Appropriation and Allocative Efficiency Presented by: Vasco Santos, Universidade Nova de Lisboa Session 339: Firm Behavior: Empirics August 24, 2017 14:15 to 16:00 AA3.29, Ala Autónoma Session Chair: Diego Escobari, The University of Texas Rio Grande Valley escobaridiego@gmail.com Competition Makes Inspectors More Lenient: Evidence from the Motor Vehicle Inspection Market Presented by: Osmis Habte, U Lund Experts, Reputation and the Price of Wine Presented by: Dieter Pennerstorfer, Austrian Institute of Economic Research and Vienna University of Economics Long-Run Effects of Competition on Solar PV Demand and Pricing Presented by: Stefan Lamp, Toulouse School of Economics Price Discrimination and Focal Points for Tacit Collusion: Evidence from the Airline Industry Presented by: Diego Escobari, The University of Texas Rio Grande Valley Session 340: Growth and Development III August 24, 2017 14:15 to 16:00 AA3.24, Ala Autónoma Session Chair: Erkan Gören, Carl von Ossietzky University Oldenburg erkan.goeren@uni-oldenburg.de A tale worth telling: prices and regional development Presented by: Alfonso Díez Minguela, Universitat de València Fiscal Devolution and Tax Competition: a Double-Edged Sword? Presented by: Luís Pinheiro de Matos, Cardiff University The Socioeconmic Impacts of Dams Presented by: Dimitri Szerman, PUC-Rio/CPI Foreign Aid and Subnational Development: A Grid Cell Empirical Investigation Presented by: Erkan Gören, Carl von Ossietzky University Oldenburg Session 341: Health Policies August 24, 2017 14:15 to 16:00 C6.10, ed. II Session Chair: Elena Lucchese, University of Bologna elena.lucchese@unibo.it Health Policies and Intergenerational Mobility Presented by: Yuliya Kulikova, Bank of Spain The impact of regional health care coverage on infant mortality and disease incidence Presented by: Beatrice Mäder, University of St. Gallen Health, Disability Insurance and Labour Supply: Evidence from a dynamic structural model Presented by: Chiara Dal Bianco, Ca' Foscari University of Venice THE CAUSAL EFFECT OF AMBULANCE RESPONSE TIME ON CARDIOVASCULAR DISEASE SEVERITY Presented by: Elena Lucchese, University of Bologna Session 342: Individual Choice III August 24, 2017 14:15 to 16:00 C5.02, ed. II Session Chair: Eberhard Feess, Frankfurt School of Finance and Manageme e.feess@fs.de If I Were You: Self-Other Differences in Risk Taking Presented by: Ksenia Cherepnina, Moscow State University Persistent Bias in Advice-Giving Presented by: Tobias Gesche, University College London Concentration Bias in Intertemporal Choice Presented by: Markus Dertwinkel-Kalt, University of Cologne Does status lead to biased judgements? Evidence from professional soccer Presented by: Eberhard Feess, Frankfurt School of Finance and Manageme Session 343: Information and Learning August 24, 2017 14:15 to 16:00 C6.07, ed. II Session Chair: Gianluca Femminis, Università Cattolica, Milano gianluca.femminis@unicatt.it Valuing Predictability Presented by: Daniel Heyen, London School of Economics How Jeremy Bentham would defend against coordinated attacks Presented by: Ole Jann, University of Oxford Anti-Social Learning Presented by: James Best, University of Oxford Heterogeneous cognitive abilities and the social value of information Presented by: Gianluca Femminis, Università Cattolica, Milano Session 344: Macroeconomics, Finance and Monetary Policy August 24, 2017 14:15 to 16:00 Auditório 0NE01, ed. I Session Chair: Peter Tillmann, Justus-Liebig-Universität Gießen Peter.Tillmann@wirtschaft.uni-giessen.de Confidence and Financial Frictions Presented by: Yannic Stucki, University of Berne A Kinked-Demand Theory of Price Rigidity Presented by: Stephane Dupraz, Columbia University Learning, house prices and macro-financial linkages Presented by: Pauline Gandre, Université Paris 1 Panthéon-Sorbonne/GATE Remittance Inflows and State-Dependent Monetary Policy Transmission in Developing Countries Presented by: Peter Tillmann, Justus-Liebig-Universität Gießen Session 345: Matching Markets August 24, 2017 14:15 to 16:00 C4.08, ed. II Session Chair: Yinghua He, Rice University yinghua.he@gmail.com Same Sex Marriage, The Great Equalizer Presented by: Sergey Popov, Cardiff University Iterative Versus Standard Deferred Acceptance: Experimental Evidence Presented by: Rustamdjan Hakimov, WZB Berlin Social Science Center A Simple Economics of Inequality: Market Design Approach Presented by: Yosuke Yasuda, Osaka U Information Acquisition and Provision in School Choice Presented by: Yinghua He, Rice University Session 346: Monetary Policy in the Presence of Information and Credit Frictions August 24, 2017 14:15 to 16:00 Auditório Caiano Pereira, ed. I Session Chair: Alberto Martin, CREI amartin@crei.cat Inflation Expectations and Monetary Policy Surprises Presented by: Snezana Eminidou, University of Cyprus Central Bank Information Shocks Presented by: Peter Karadi, European Central Bank Managing Heterogeneous and Unanchored Expectations at the Zero Lower Bound Presented by: Joep Lustenhouwer, University of Amsterdam Monetary Policy for a Bubbly World Presented by: Alberto Martin, CREI Session 347: Optimal Trade Policy August 24, 2017 14:15 to 16:00 2E07, ed. I Session Chair: Peter Neary, University of Oxford peter.neary@economics.ox.ac.uk Free Trade Agreements, Customs Unions in Disguise? Presented by: Feodora Teti, Ifo Institute Trade Policy in the Melitz Model Presented by: Chiara Forlati, University of Southampton ISLANDS AS `BAD GEOGRAPHY'. INSULARITY, CONNECTEDNESS, HISTORY AND TRADE COSTS Presented by: Luca De Benedictis, University of Macerata Choked by Red Tape? The Political Economy of Wasteful Trade Barriers Presented by: Peter Neary, University of Oxford Session 348: Pensions August 24, 2017 14:15 to 16:00 C5.05, ed. II Session Chair: Wolfgang Nagl, Institute for Advanced Studies nagl@ihs.ac.at Bismarck in the bedroom? Pension reform and fertility: Evidence 1870-2010 Presented by: Philipp Jäger, RWI Adverse selection in the UK annuity market and the 1956 Finance Act Presented by: Edmund Cannon, University of Bristol The Effect of Pension Reforms on Savings Behavior Presented by: Stefan Etgeton, DIW Berlin Distributive effects of defined benefit public pension systems: The case of Austria Presented by: Wolfgang Nagl, Institute for Advanced Studies Session 349: Persuasion and Information Aggregation August 24, 2017 14:15 to 16:00 C5.08, ed. II Session Chair: Marco Ottaviani, Bocconi marco.ottaviani@unibocconi.it When to Drop a Bombshell Presented by: Gabriele Gratton, UNSW Hidden Profiles and Persuasion Cascades in Group Decision-Making Presented by: Saori Chiba, Kyoto University Crowding out disclosure: Amplification and stress test design Presented by: Daniel Quigley, University of Oxford Strategic Sample Selection Presented by: Marco Ottaviani, Bocconi Session 350: Search and Transitions Between Firms August 24, 2017 14:15 to 16:00 C3.02, ed. II Session Chair: Steffen Künn, Maastricht University s.kuenn@maastrichtuniversity.nl Sorting when firms have size Presented by: Maxim Goryunov, EUI, CERGE-EI and NRU HSE Taxation of Temporary Jobs: Good Intentions With Bad Outcomes ? Presented by: Olivier Charlot, Université Cergy-pontoise Employment and Skill Reallocation over the Business Cycle: Evidence from Danish Data Presented by: ANTOINE BERTHEAU, Mobility Assistance for Unemployed Workers, Job Search Behavior and Labor Market Outcomes Presented by: Steffen Künn, Maastricht University Session 351: Taxation II August 24, 2017 14:15 to 16:00 C3.01, ed. II Session Chair: Catarina Alvarez, NOVA School of Business and Economics catarina.alvarez.2016@novasbe.pt Too slow a change? Deep habits, consumption shifts and transitory tax policy Presented by: Inge van den Bijgaart, University of Gothenburg Increasing Housing Transfer Taxes: Buy Now or Foot the Bill Presented by: Mathilde POULHES, SciencesPo-Crest-SOeS Who understands the French Income Tax ? Bunching where Tax Liabilities start Presented by: Raphaël Lardeux, Insee, CRED Paris 2 Who is to Blame for Fiscal Liabilities under Partial Decentralization? Presented by: Catarina Alvarez, NOVA School of Business and Economics Session 352: The Political Economy of Inequality August 24, 2017 14:15 to 16:00 AA3.40, Ala Autónoma Session Chair: Luna Bellani, University of Konstanz luna.bellani@uni-konstanz.de Minimum Wages as a Redistributive Device in the Long Run Presented by: George Economides, Athens University of Economics and Business Wealth shocks and political preferences. Evidence from the house price boom in the United Kingdom Presented by: Marta Schoch, University of Sussex Global inequality: how large is the effect of top incomes? Presented by: Vanesa Jorda, UNU-WIDER/University of Cantabria Upward Mobility and Legislator Support for Education Reforms Presented by: Luna Bellani, University of Konstanz Session 353: The Political Economy of Institutions August 24, 2017 14:15 to 16:00 AA3.26, Ala Autónoma Session Chair: Leandro De Magalhaes, University of Bristol leandro.magalhaes@bristol.ac.uk What motivates French pork: Political career concerns or private connections? Presented by: Marc Sangnier, Aix-Marseille University The trade-off between governance and checks and balances Presented by: Juan Pereyra, Université libre de Bruxelles The political economy of fiscal transparency and independent fiscal councils Presented by: Xavier Debrun, International Monetary Fund Wars and the Rise of Parliament Presented by: Leandro De Magalhaes, University of Bristol Session 354: Trust and Public Goods August 24, 2017 14:15 to 16:00 2E02, ed. I Session Chair: Ian Levely, Wageningen University Ian.Levely@wur.nl An Experimental Study of Secession under Alternative Levels of Decentralisation Presented by: Tjasa Maillard-Bjedov, Distance Learning University, Switzerland Selfish Punishers. An experimental investigation of designated punishment behavior in public goods Presented by: Wladislaw Mill, Friedrich-Schiller-Universität Jena Investing when risk and ambiguity create opportunities for exploitation Presented by: Jonas Fooken, University of Queensland Contract Enforcement and Trustworthiness across Ethnic Groups: Experimental evidence from Afghanistan Presented by: Ian Levely, Wageningen University Session 355: Unconventional Monetary Policies IV August 24, 2017 14:15 to 16:00 C5.06, ed. II Session Chair: Philipp Kirchner, University of Kassel p.kirchner@uni-kassel.de International spillovers of quantitative easing Presented by: Grzegorz Wesołowski, European Central Bank Optimal Negative Interest Rates in the Liquidity Trap Presented by: Davide Porcellacchia, London School of Economics Downward nominal wage rigidity meets the zero lower bound Presented by: Stefano Gnocchi, Bank of Canada Unconventional Monetary Policy in the Face of Shadow Banking Presented by: Philipp Kirchner, University of Kassel Session 356: Auctions: Theory and Estimation August 24, 2017 14:15 to 16:00 AA3.25, Ala Autónoma Session Chair: Yu Zhu, Bank of Canada zhuyuzlf57@gmail.com The Effect of Collusion on Efficiency in Experimental Auctions Presented by: Gyula Seres, Humboldt U, Tilburg U Rent Overestimation in Discriminatory Share Auctions Presented by: Samuel Häfner, University of Basel The Effect of Revenue Uncertainty on Procurement Outcomes Presented by: Christoph Wolf, Bocconi University Using Experiments to Inform Structural Estimation: Robust Inference in First-Price Auctions Presented by: Yu Zhu, Bank of Canada Session 357: Contests August 24, 2017 14:15 to 16:00 AA2.28, Ala Autónoma Session Chair: Marco Serena, Max Planck Institute for Tax Law and Public Finance marco.serena85@gmail.com Optimal Favoritism in All-Pay Auctions and Lottery Contests Presented by: Cédric Wasser, University of Bonn All-pay auctions with affiliated values Presented by: Pauli Murto, Aalto University The Dark Side of the Force: Evolutionary Equilibrium in Contests with Stochastic Entry Presented by: Yiquan Gu, University of Liverpool Harnessing beliefs to stimulate efforts Presented by: Marco Serena, Max Planck Institute for Tax Law and Public Finance Session 358: Econometrics of Financial High Frequency Data August 24, 2017 14:15 to 16:00 C4.01, ed. II Session Chair: Z. Merrick Li, University of Amsterdam z.merrick.li@gmail.com Estimation of the discontinuous leverage effect: evidence from the NASDAQ order book Presented by: Lars Winkelmann, Freie Universität Berlin Testing for mutually exciting jumps and financial flights in high frequency data Presented by: Deniz Erdemlioglu, IESEG School of Management The Effect of Intraday Periodicity on Realized Volatility Measures Presented by: Janosch Kellermann, Ruhr-Universität Bochum Robust measure of microstructure noise using high-frequency financial data Presented by: Z. Merrick Li, University of Amsterdam Session 359: Economic Studies in Brazil August 24, 2017 14:15 to 16:00 AA2.24, Ala Autónoma Session Chair: Mariana Davi, Banco Cooperativo Sicredi marianadavi@live.com The Building Blocks of Skill Development Presented by: Vladimir Ponczek, FGV Youth Responses to Cash Transfers: Evidence from Brazil Presented by: Cecilia Machado, Getulio Vargas Foundation FGV-EPGE COMPENSATION PRACTICES, WORKER MOBILITY, AND WAGE DISPERSION: EVIDENCE FROM BRAZILIAN EMPLOYER-EMPLOYEE MATCHED DATA Presented by: Christopher Cornwell, University of Georgia POLITICS AND FINANCE: A STUDY ON THE IMPACT OF CAMPAIGN DONATIONS ON BRAZILIAN FIRMS Presented by: Mariana Davi, Banco Cooperativo Sicredi Session 360: Education and Families August 24, 2017 14:15 to 16:00 C6.08, ed. II Session Chair: Yuxin Yao, Tilburg University yyx.eco@gmail.com Who benefits from universal childcare? Estimating marginal returns to early childcare attendance Presented by: Anna Raute, University of Mannheim It is not how much you study but how. Estimating the production function of human capital at university Presented by: Adeline Delavande, University of Essex Obstacles to Efficient Education Spending: Evidence from a Representative Survey Experiment Presented by: Katharina Werner, Ifo Institute, Munich Sex Ratio and Timing of the First Marriage in China: Evidence from the One-and-Half-Children Policy Presented by: Yuxin Yao, Tilburg University Session 361: Financial Regulation August 24, 2017 14:15 to 16:00 C2.01, ed. II Session Chair: Kalin Nikolov, European Central Bank knikolov2@gmail.com The Volatility of Capital Flows in Emerging Markets: Measures and Determinants Presented by: Maria Sole Pagliari, Rutgers University Securitization and Aggregate Investment Efficiency Presented by: Afrasiab Mirza, University of Birmingham Bank Regulation and Market Structure Presented by: Carsten Krabbe Nielsen, Catholic University of Milan Equity versus Bail-in in Banking: an Agency Perspective Presented by: Kalin Nikolov, European Central Bank Session 362: Innovation August 24, 2017 14:15 to 16:00 C4.06, ed. II Session Chair: Michael Mandler, University of London Royal Holloway Coll m.mandler@rhul.ac.uk Technology Polarization Presented by: Koki Oikawa, Waseda University Competition, Innovation and the Use of Innovations Presented by: George Symeonidis, University of Essex The Relationship Between Competition and Innovation Under the Presence of Firms' Financial Constraints Presented by: Georgios Petropoulos, Bruegel The pure advantage of risk in production Presented by: Michael Mandler, University of London Royal Holloway Coll Session 363: Intergenerational Mobility August 24, 2017 14:15 to 16:00 C6.02, ed. II Session Chair: Ruixue Jia, UC San Diego ruixue.jia@gmail.com Organizations, Skills, and Wage Inequality Presented by: Roberto Pinheiro, Federal Reserve Bank of Cleveland Economic Development and Intergenerational Earnings Mobility: Evidence from Taiwan Presented by: Yu-Wei Luke Chu, Victoria University of Wellington Biased Aspirations and Social Inequality at School: Evidence from French Teenagers Presented by: Nina Guyon, National University of Singapore Access to Elite Education, Wage Premium and Social Mobility: The Truth and Illusion of China's College Entrance Exam Presented by: Ruixue Jia, UC San Diego Session 364: Job Search August 24, 2017 14:15 to 16:00 C2.02, ed. II Session Chair: Gustavo Leyva, Banco de Mexico leyva004@umn.edu Wealth Accumulation, On the Job Search, and Inequality Presented by: Gaston Chaumont, Pennsylvania State University Multi-dimensional heterogeneity and matching in a frictional labour market Presented by: Joanne Tan, Yale University, Sciences-Po Paris Efficient Risk Sharing under Limited Commitment and Search Frictions Presented by: Junichi Fujimoto, National Graduate Institute for Policy S Against All Odds: Job Search During the Great Recession Presented by: Gustavo Leyva, Banco de Mexico Session 365: Monetary Policy and Asset Prices August 24, 2017 14:15 to 16:00 C4.05, ed. II Session Chair: Emanuel Moench, Deutsche Bundesbank emanuel.moench@gmail.com Monetary Policy, Inflation and Rational Asset Price Bubbles Presented by: Daisuke Ikeda, Bank of England Financial Bubbles in Interbank Lending Presented by: Tobias Schuler, University of Rome Tor Vergata The Time Varying Effect of Monetary Policy on Asset Prices Presented by: Pascal Paul, Federal Reserve Bank of San Francisco The Term Structure of Expectations and Bond Yields Presented by: Emanuel Moench, Deutsche Bundesbank Session 366: Morality and Economics: Evolutionary Foundations and Policy Implications August 24, 2017 14:15 to 16:00 AA3.28, Ala Autónoma Session Chair: Jorgen Weibull, Stockholm School of Economics Jorgen.Weibull@hhs.se A THEORY OF EXPERIMENTS: INVARIANCE OF EQUILIBRIUM TO THE STRATEGY METHOD AND IMPLICATIONS FOR SOCIAL PREFERENCES Presented by: Daniel Chen, Toulouse School of Economics Team Incentives under Moral and Altruistic Preferences: Which Team to Choose? Presented by: Roberto Zeitounlian Sarkisian, Toulouse School of Economics Morality: evolutionary foundations and policy implications Presented by: Ingela Alger, Toulouse School of Economics Session 367: New Developments in Econometrics August 24, 2017 14:15 to 16:00 C4.02, ed. II Session Chair: David Pacini, University of Bristol David.Pacini@bristol.ac.uk Balanced variable addition in linear models, with an application to the long-term health effects of childhood circumstances Presented by: Giuseppe De Luca, University of Palermo Social Interactions under Incomplete Information with Heterogeneous Expectations and Multiple Equilibria Presented by: Chao Yang, The School of Economics of SUFE On the Distribution and Model Selection Properties of the Lasso Estimator in Low and High Dimensions Presented by: Ulrike Schneider, Vienna University of Technology The Two-Sample Linear Regression Model with Interval-Censored Covariates Presented by: David Pacini, University of Bristol Session 368: Obviously Strategy-Proofness August 24, 2017 14:15 to 16:00 AA3.23, Ala Autónoma Session Chair: Shengwu Li, Harvard University li.shengwu01@gmail.com Obviously Strategy-Proof Mechanisms Presented by: Shengwu Li, Harvard University Partition Obvious Preference and Mechanism Design: Theory and Experiment Presented by: Luyao Zhang, Ohio State University Which Desiderata can Obviously Strategyproof Mechanisms Guarantee? Presented by: Yannai Gonczarowski, The Hebrew University of Jerusalem Obvious Dominance and Random Priority Presented by: Peter Troyan, University of Virginia Session 369: New Developments in Time Series August 24, 2017 14:15 to 16:00 C5.09, ed. II Session Chair: Jean-Paul RENNE, University of Lausanne Jean-Paul.Renne@unil.ch Robust wavelet-based test for an abrupt mean shift in the presence of unknown smooth trend and long-memory errors Presented by: Heng Chen, Bank of Canada Asymptotics of Cholesky GARCH Models and Time-Varying Conditional Betas Presented by: Serge Darolles, Universite Paris-Dauphine Identification and Estimation in Non-Fundamental Structural VARMA Models Presented by: Jean-Paul RENNE, University of Lausanne Session 370: Open Economy Macroeconomics August 24, 2017 14:15 to 16:00 AA2.26, Ala Autónoma Session Chair: Sean Myers, Stanford University smyers2@stanford.edu Capital Flows, Default, and Renegotiation in a Small Open Economy Presented by: Anna Sokolova, University of Nevada, Reno Fertility, Longevity, and Capital Flows Presented by: Nicolas Coeurdacier, SciencesPo Factor Mobility in the Euro Area Presented by: Fernanda Nechio, Federal Reserve Bank of San Francisco Pensions and Sovereign Default Presented by: Sean Myers, Stanford University Session 371: Repeated Games and Equilibrium Concepts August 24, 2017 14:15 to 16:00 C5.07, ed. II Session Chair: Tadashi Sekiguchi, Kyoto University sekiguchi@kier.kyoto-u.ac.jp Long-term Cooperation and Diverse Behavior Patterns under Voluntary Partnerships Presented by: Takako Fujiwara-Greve, Keio University Repeated Games with General Time Preference Presented by: Jaeok Park, Yonsei University Ambiguity Attitudes and Self-Confirming Equilibrium in Sequential Games Presented by: Emiliano Catonini, Higher School of Economics Multimarket Contact under Imperfect Observability and Impatience Presented by: Tadashi Sekiguchi, Kyoto University Session 372: Selling Mechanisms August 24, 2017 14:15 to 16:00 C5.01, ed. II Session Chair: Juan Carlos Carbajal, University of New South Wales jc.carbajal@unsw.edu.au The Scope of Sequential Screening with Ex-Post Participation Constraints Presented by: Francisco Castro, Columbia Business School Priority pricing by a durable goods monopolist Presented by: Joao Correia-da-Silva, TSE and U. Porto Robust mechanisms: the curvature case Presented by: Humberto Ataíde Moreira, Fundação Getulio Vargas Revenues and Budgets: Selling Mechanisms for Financially Constrained Buyers Presented by: Juan Carlos Carbajal, University of New South Wales Session 373: Uncertainty in Macro August 24, 2017 14:15 to 16:00 C6.01, ed. II Session Chair: Wataru Miyamoto, Bank of Canada wmiyamoto@bank-banque-canada.ca Demand Shocks and Endogenous Uncertainty Presented by: Diego Vilan, Federal Reserve Board of Governors Gray's Anatomy: Understanding Uncertainty using Industry Growth Data Presented by: Juliana Sun, Singapore Management University Components of Uncertainty Presented by: Vegard Larsen, Norges Bank The Expectational Effects of News and Noise in Business Cycles: Evidence from Forecast Data Presented by: Wataru Miyamoto, Bank of Canada Session 374: Dynamic Models of Political Economy August 24, 2017 16:30 to 17:45 C6.07, ed. II Session Chair: Oriol Tejada, CER-ETH toriol@ethz.ch How Nations Evolve: Political Accountability and Developmental Trajectories Presented by: Liu Liu, University of Zurich Power Politics: Electoral Cycles in German Electricity Prices Presented by: Elisabeth Hinreiner, University of Regensburg A Dynamic Model of Electoral Competition with Costly Policy Changes Presented by: Oriol Tejada, CER-ETH Session 375: Economic Psychology August 24, 2017 16:30 to 17:45 AA3.40, Ala Autónoma Session Chair: Pierpaolo Battigalli, Universita' Bocconi pierpaolo.battigalli@unibocconi.it Incentives and stress Presented by: Tom Stolp, Maastricht University Mental Fatigue: from Psychology to Economics Presented by: Jean Roch Donsimoni, University of Mainz Frustration and Anger in Games Presented by: Pierpaolo Battigalli, Universita' Bocconi Session 376: Education and Economic Circumstances August 24, 2017 16:30 to 17:45 C5.05, ed. II Session Chair: Anjali Adukia, University of Chicago adukia@uchicago.edu The impact of exposure to cash transfers on education and labor market outcomes Presented by: Tatiana Paredes-Torres, London School of Economics Young, Gifted and Lazy? The Role of Ability and Labor Market Prospects in Student Effort Decisions Presented by: Gabriel Schultze, IAAEU, Trier University Educational Investment Responses to Economic Opportunity: Evidence from Indian Road Construction Presented by: Anjali Adukia, University of Chicago Session 377: Game Theory August 24, 2017 16:30 to 17:45 AA3.26, Ala Autónoma Session Chair: Emiliano Catonini, Higher School of Economics emiliano.catonini@gmail.com A taxonomy of learning dynamics in 2x2 games Presented by: Marco Pangallo, University of Oxford On Pure Strategy Subgame Perfect Nash Equilibria in Finitely Repeated Games Presented by: Ghislain Herman DEMEZE JOUATSA, UNIVERSITY OF BIELEFELD Self-Enforcing Agreements and Forward Induction Reasoning Presented by: Emiliano Catonini, Higher School of Economics Session 378: Growth and Development IV August 24, 2017 16:30 to 17:45 C4.08, ed. II Session Chair: Alessandro Flamini, University of Pavia alessandro.flamini@unipv.it Disease and Demographic Development: The Legacy of the Black Death Presented by: Fabian Siuda, ifo Institute Transition to Modern Growth: the Role of Technological Progress and Adult Mortality Presented by: Tamara Fioroni, University of Verona Organized Crime and Human Capital Presented by: Alessandro Flamini, University of Pavia Session 379: Income and Wealth Inequality August 24, 2017 16:30 to 17:45 Auditório Caiano Pereira, ed. I Session Chair: David Hemous, University of Zurich david.hemous@econ.uzh.ch Polarization under Incomplete Markets and Endogenous Labor Productivity Presented by: Francesc Obiols-Homs, Universitat Autonoma de Barcelona, MOVE and Barcelona GSE Low Homeownership in Germany - A Quantitative Exploration Presented by: Georgi Kocharkov, University of Konstanz The Spillover Effects of Top Income Inequality Presented by: David Hemous, University of Zurich Session 380: Instrumental Variable Identification August 24, 2017 16:30 to 17:45 Auditório 0NE01, ed. I Session Chair: Stanislav Anatolyev, CERGE-EI and New Economic School sanatoly@nes.ru Genetic Instrumental Variable (GIV) regression: Explaining socioeconomic and health outcomes in non-experimental data Presented by: Philipp Koellinger, VU University Amsterdam Nonseparable Unobserved Heterogeneity and Partial Identification in IV models for Count Outcomes Presented by: Dongwoo Kim, University College London Second order asymptotic biases of consistent estimators under many instruments Presented by: Stanislav Anatolyev, CERGE-EI and New Economic School Session 381: Investment and Investment Finance (European Investment Bank sponsored session) August 24, 2017 16:30 to 17:45 C5.08, ed. II Session Chair: Francesca Barbiero, European Central Bank francesca.barbiero@ecb.europa.eu Explaining the Recent Slump in Investment: the Role of Expected Demand and Uncertainty Presented by: Juliana Milovich, EconomiX, University Paris Nanterre Product market reforms under the microscope: The impact of deregulation at the firm level Presented by: Peter Gal, OECD / Tinbergen Institute / VU University Amsterdam Misallocation of investment in Europe: Debt overhang, credit market distress, or weak demand? Presented by: Francesca Barbiero, European Central Bank Session 382: Labor Supply in the Long Run August 24, 2017 16:30 to 17:45 C5.06, ed. II Session Chair: Nicola Fuchs-Schündeln, Goethe University Frankfurt fuchs@wiwi.uni-frankfurt.de Changes in US college education, wage inequality and working hours over time Presented by: Thomas Davoine, Institute for Advanced Studies (IHS) Fluctuating like China. Presented by: Bo Zhao, Peking University How do Hours Worked Vary with Income? Cross-Country Evidence and Implications Presented by: Nicola Fuchs-Schündeln, Goethe University Frankfurt Session 383: Macroeconomic Effects of Structural Reforms August 24, 2017 16:30 to 17:45 C4.07, ed. II Session Chair: Matteo Cacciatore, HEC Montreal matteo.cacciatore@hec.ca Unemployment, Growth and Welfare Effects of Labor Market Reforms Presented by: King Yoong Lim, University of Manchester News of Uncertain (Populist) Reforms Presented by: Edoardo Palombo, Queen Mary University Market Reforms at the Zero Lower Bound Presented by: Matteo Cacciatore, HEC Montreal Session 384: Macroeconomics of Exchange Rates August 24, 2017 16:30 to 17:45 AA3.29, Ala Autónoma Session Chair: Valery Charnavoki, New Economic School vcharnavoki@nes.ru The Impact of the Internationalization of the Renminbi on the International Monetary System: A Macroeconomic Approach Presented by: Alexandra Ferreira-Lopes, Instituto Universitário de Lisboa (ISCTE - IUL ) Deep Habits and Exchange Rate Pass-through Presented by: Lenno Uusküla, Bank of Estonia Retail Sales of Durable Goods, Inventories and Imports after Large Devaluations Presented by: Valery Charnavoki, New Economic School Session 385: Monetary Policy Regimes August 24, 2017 16:30 to 17:45 AA2.25, Ala Autónoma Session Chair: Luca Pensieroso, IRES - Université catholique de Louvain luca.pensieroso@uclouvain.be Regime change and recovery in 1930s Britain Presented by: Tadeusz Gwiazdowski, The University of Manchester Sovereign Money Reforms and Welfare Presented by: Elena Perazzi, University of Lausanne A Model of The Gold Standard and the Great Depression Presented by: Luca Pensieroso, IRES - Université catholique de Louvain Session 386: Public Sector Employment August 24, 2017 16:30 to 17:45 2E04, ed. I Session Chair: Almos Telegdy, National Bank of Hungary telegdya@ceu.hu Jobs for the boys! Meritocracy, public sector pay and human capital accumulation Presented by: Pedro Gomes, Universidad Carlos III Measuring Rents in the Public Sector: Regression discontinuity evidence from Kenya Presented by: Nicholas Barton, Goethe Universität Frankfurt Public Wage Spillovers: The Role of Individual Characteristics and Employer Wage Policies Presented by: Almos Telegdy, National Bank of Hungary Session 387: Resource Allocation within Families II August 24, 2017 16:30 to 17:45 C3.02, ed. II Session Chair: Estefania Santacreu-Vasut, ESSEC Business School and THEMA santacreuvasut@essec.edu Household Income Inequality and Education in Marriage Market in Brazil: an empirical study. Presented by: Lorena Hakak, Insper Inst of Education and Research Coworking choice of cohabiting couples. Evidence from population data Presented by: Ville Seppälä, University of Jyväskylä Decomposing culture: An analysis of gender, language, and labor supply in the household Presented by: Estefania Santacreu-Vasut, ESSEC Business School and THEMA Session 388: Risky Behaviors August 24, 2017 16:30 to 17:45 C3.01, ed. II Session Chair: Tamás Hajdu, Institute of Economics, CERSHAS hajdu.tamas@krtk.mta.hu Goodbye Smokers’ Corner: Effects of Smoking Bans at School Presented by: Mirjam Reutter, University of Hohenheim Does reducing gun availability decrease suicide? Evidence from a Swiss reform Presented by: Simone Balestra, University of St. Gallen Smoking Ban and Health at Birth Presented by: Tamás Hajdu, Institute of Economics, CERSHAS Session 389: Social Mobility and Inequality II August 24, 2017 16:30 to 17:45 C6.10, ed. II Session Chair: Kjetil Storesletten, University of Oslo kjetil.storesletten@gmail.com The Geography of Social Mobility in Germany Presented by: Lukas Henkel, University of Mannheim Long-Term Effects of Social Mixing: Evidence from a Universal Conscription Presented by: Elias Einiö, VATT Institute for Economic Research ; Centre for Economics Performance,LSE The Distributions of Income and Consumption Risk: Evidence from Norwegian Registry Data Presented by: Kjetil Storesletten, University of Oslo Session 390: Tax Credits and Labor Supply August 24, 2017 16:30 to 17:45 B2.01, ed. II Session Chair: Loriane Py, Banque de France loriane.py@banque-france.fr Inheritance Taxation and Wealth Effects on the Labor Supply of Heirs Presented by: Lukas Mayr, European University Institute Incidence of corporate tax credit on profits, wages and employment: Evidence from a French Reform Presented by: Loriane Py, Banque de France Session 391: The Design of Evaluations August 24, 2017 16:30 to 17:45 B2.02, ed. II Session Chair: Carsten Schroeder, DIW Berlin / Freie Universitaet Berlin cschroeder@diw.de Top Researchers as Academic Evaluators: Benefits and Cost Presented by: Natalia Zinovyeva, Aalto University Effects of Timing and Reference Frame of Feedback: Evidence from a Field Experiment in Secondary Schools Presented by: Valentin Wagner, University of Düsseldorf PISA Country Rankings and the Difficulty of Exams Presented by: Carsten Schroeder, DIW Berlin / Freie Universitaet Berlin Session 392: The Impact of Massive Immigration August 24, 2017 16:30 to 17:45 C5.02, ed. II Session Chair: Philipp Lergetporer, ifo Institute lergetporer@ifo.de Immigration and Hate Crime. Quasi-Experimental Evidence on Attacks against Asylum Seekers in Germany Presented by: Martin Lange, ZEW Centre for European Economic Research, Mannheim Information, perceived education level and attitudes towards refugees: Evidence from a randomized survey experiment Presented by: Philipp Lergetporer, ifo Institute Immigration and innovation: empirical evidence from the Collapse of the Soviet Union Presented by: Gabriele Pellegrino, EPFL Session 393: Unconventional Monetary Policies V August 24, 2017 16:30 to 17:45 AA2.23, Ala Autónoma Session Chair: Leopold von Thadden, European Central Bank leopold.von_thadden@ecb.int Should Unconventional Monetary Policies Become Conventional? Presented by: Dominic Quint, Deutsche Bundesbank Implications of Shadow Bank Regulation for Monetary Policy at the Zero Lower Bound Presented by: Falk Mazelis, European Central Bank Designing QE to overcome the lower bound constraint on interest rates in a fiscally sound monetary union Presented by: Leopold von Thadden, European Central Bank Session 394: Behavioral Macro & Systemic Risks August 24, 2017 16:30 to 17:45 C4.01, ed. II Session Chair: Richard Herron, Babson College rherron1@babson.edu Fiscal Consolidations and Finite Planning Horizons Presented by: Joep Lustenhouwer, University of Amsterdam Market discipline and systemic risk Presented by: Ansgar Walther, University of Warwick Ambiguity, Risk, and Dividend Payout Policy Presented by: Richard Herron, Babson College Session 395: Consumer Choice and Competition August 24, 2017 16:30 to 17:45 C6.01, ed. II Session Chair: Bipasa Datta, University of York bipasa.datta@york.ac.uk Loss aversion on the phone Presented by: Christos Genakos, Cambridge Judge Business School The Effectiveness of Price Discrimination in the Airline Industry Presented by: Leonardo Rezende, PUC-Rio Effects of Ad-Blockers Adoption on Digital Piracy: A Blessing or a Curse? Presented by: Bipasa Datta, University of York Session 396: Contracting Models with Continuous Time August 24, 2017 16:30 to 17:45 AA2.28, Ala Autónoma Session Chair: Borys Grochulski, Federal Reserve Bank of Richmond borys.grochulski@rich.frb.org Social learning and monopoly pricing with forward looking buyers Presented by: Julia Salmi, Aalto University Optimal Contract for Experimentation and Production Presented by: Jacques Lawarree, University of Washington Optimal contracts with reflection Presented by: Borys Grochulski, Federal Reserve Bank of Richmond Session 397: Econometrics of Panel Data August 24, 2017 16:30 to 17:45 AA3.28, Ala Autónoma Session Chair: Pierre Hoonhout, ISEG - Lisbon School of Economics and Management phoonhout@gmail.com Multi-dimensional Panel Data Modelling in the Presence of Cross Sectional Error Dependence Presented by: Yonghceol Shin, university of york Panel Averaging Estimators Robust to Model Misspecifications Presented by: Biing-Shen Kuo, National Chengchi University Nonignorable Attrition in Multi-period Panels with Refreshment Samples Presented by: Pierre Hoonhout, ISEG - Lisbon School of Economics and Management Session 398: Empirics of School Choice August 24, 2017 16:30 to 17:45 AA2.24, Ala Autónoma Session Chair: Sandor Sovago, VU Amsterdam sovago.sandor@gmail.com Parents Know Them Better: The Effect of Optional Early Entry on Pupils' Schooling Attainment Presented by: Patriza Ordine, Università degli Studi della Calabria Short- and Long-Term Effects of Public School Choice Presented by: Isa Kuosmanen, University of Helsinki Obvious mistakes in a strategically simple environment Presented by: Sandor Sovago, VU Amsterdam Session 399: Incentives in Politics and Voting August 24, 2017 16:30 to 17:45 AA3.23, Ala Autónoma Session Chair: Stephane Wolton, London School of Economics s.wolton@lse.ac.uk The Political Consequences of Ethnic Tension: Theory and Evidence Presented by: Kemal Akoz, New York University Abu Dhabi Intensity valence Presented by: Fabian Gouret, Université de Cergy-Pontoise Tournament Characteristic: Accountability and Selection Presented by: Stephane Wolton, London School of Economics Session 400: Labour Markets and Search II August 24, 2017 16:30 to 17:45 C6.02, ed. II Session Chair: Alex Clymo, University of Amsterdam ajclymo@gmail.com Labor Market Liquidity Presented by: Korie Amberger, UPF and Barcelona GSE Making Do with Less? Workers' On-the-Job Effort and the Role on Macro Effects Presented by: Kunio Tsuyuhara, University of Calgary Labour Market Matching, Stock Prices & the Financial Accelerator Presented by: Alex Clymo, University of Amsterdam Session 401: Learning and Disagreement in Social Networks August 24, 2017 16:30 to 17:45 C2.01, ed. II Session Chair: Orestis Troumpounis, Lancaster University o.troumpounis@lancaster.ac.uk Homophily and the Persistence of disagreement Presented by: Isabel Melguizo, Universidad Iberoamericana Dynamics of Strategic Information Transmission in Social Networks Presented by: Manuel Foerster, University of Hamburg Communication and the Emergence of a Unidimensional World Presented by: Orestis Troumpounis, Lancaster University Session 402: Lobbying and Public-Private Partnerships August 24, 2017 16:30 to 17:45 C4.02, ed. II Session Chair: Bin Li, International Monetary Fund bli2@imf.org Political Economy of Immigration and Fiscal Sustainability Presented by: Jinwook Hur, Korea Development Institute Corporate Lobbying and Procurement: The Allocation of Contracts under the American Recovery and Reinvestment Act Presented by: Veronika Penciakova, University of Maryland Macroeconomic Dimensions of Public-Private Partnerships Presented by: Bin Li, International Monetary Fund Session 403: Program Evaluation II August 24, 2017 16:30 to 17:45 AA3.25, Ala Autónoma Session Chair: Aleksey Tetenov, University of Bristol a.tetenov@bristol.ac.uk Bootstrap inference for Propensity Score Matching Presented by: Karun Adusumilli, London School of Economics Beyond simulations: Studying the role of stratified randomization and regression adjustments for experimental data Presented by: Simon Heß, Goethe University Frankfurt Equality-Minded Treatment Choice Presented by: Aleksey Tetenov, University of Bristol Session 404: Self-control and Changing Tastes August 24, 2017 16:30 to 17:45 C4.05, ed. II Session Chair: Johannes Johnen, Université catholique de Louvain and CORE johannes.johnen@uclouvain.be Precommitments for Financial Self-Control? Micro Evidence from the 2003 Korean Credit Crisis Presented by: Sung-Jin Cho, Seoul National University On Integrability and Changing Tastes Presented by: Xiao Wei, Fudan University and University of Pennsylvania Screening Procrastinators with Automatic-Renewal Contracts Presented by: Johannes Johnen, Université catholique de Louvain and CORE Session 405: Shock-coping Mechanisms in Developing Countries August 24, 2017 16:30 to 17:45 C2.02, ed. II Session Chair: Elisa Maffioli, Duke University elisa.maffioli@duke.edu Insurance Networks and Poverty Traps Presented by: Arun Advani, UCL/IFS Credit and Saving Constraints in General Equilibrium: Evidence from Survey Data Presented by: Cesar Tamayo, Rutgers University and Inter-American Development Bank THE POLITICS OF SLOW-ONSET DISASTERS: EVIDENCE FROM THE EBOLA OUTBREAK Presented by: Elisa Maffioli, Duke University Session 406: Taxes August 24, 2017 16:30 to 17:45 C6.08, ed. II Session Chair: Laura Birg, U Göttingen laura.birg@wiwi.uni-goettingen.de VAT Treatment of the Financial Services: Implications for the Real Economy Presented by: Fatih Yilmaz, Central Bank of Republic of Turkey Learning Dynamics in Tax Bunching at the Kink: Evidence from Ecuador Presented by: Albrecht Bohne, Universität Mannheim Cross-border or Online - Tax Competition with Mobile Consumers under Destination and Origin Principle Presented by: Laura Birg, U Göttingen Session 407: Wages August 24, 2017 16:30 to 17:45 AA2.26, Ala Autónoma Session Chair: Kai-Uwe Mueller, DIW Berlin kmueller@diw.de Drivers of Educational Decisions: Risk Preferences, Information Diff erentials and the Conditional Variance of Wages Presented by: Alexandra de Gendre, Maastricht University Non-parametric identification of the extent of downward wage rigidities Presented by: Paris Nearchou, University of Cyprus Where the minimum wage bites workers. Factor substitutability and innovativeness at the workplace Presented by: Kai-Uwe Mueller, DIW Berlin Session 408: Financial Recessions August 24, 2017 18:00 to 19:15 Session Chair: Thierry Magnac, Toulouse School of Economics thierry.magnac@tse-fr.eu Index of Participants Legend: C=chair, P=Presenter, D=Discussant # Participant Roles in Conference --------------------------------------------------------------------- 1 Aastveit, Knut Are P280, C280 2 Abe, Naohito P88, C88 3 Abraham, Arpad P267 4 Adachi, Takanori P38 5 Adão, Bernardino P49 6 Adukia, Anjali P376, C376 7 Adusumilli, Karun P403 8 Advani, Arun P405 9 Aghion, Philippe C79, P323 10 Aguilera-Bravo, Asier P3 11 Ahnert, Toni P43 12 Airaudo, Marco P62, C62 13 Aisbett, Emma P196 14 Ajello, Andrea P157 15 Aka, Niels P101, C101 16 Akin, Nuray P102 17 Akoz, Kemal P399 18 Albert, Philipp P333 19 Aldrich, Eric P106 20 Alfano, Marco P257, C257 21 Alfaro, Laura P145, C145, P326 22 Alger, Ingela P366 23 Aliprandi, Giulia P131 24 Allen, Cian P219 25 Almeida, Vanda P264 26 Almosova, Anna P2 27 Alpino, Matteo P144 28 Altermatt, Sophie P284 29 Altermatt, Lukas P98 30 Alvarez, Catarina P351, C351 31 Aman Rana, Shan P238 32 Amand, Marnix P107, C107 33 Amaral, Sofia P5 34 Amberger, Korie P400 35 Anatolyev, Stanislav P152, P380, C380 36 Anbil, Sriya P43, C43 37 Andor, Mark P214 38 Andreoli, Francesco P264 39 Angelini, Viola P83 40 Antler, Yair P310, C310 41 Antràs, Pol P331 42 Ao, Chon-Kit P238 43 Aoki, Yu P89 44 Arefeva, Alina P141, C141, P280 45 Ari, Anil P242 46 Armstrong, Mark P117 47 Arni, Patrick P63 48 Arve, Malin P203 49 Asai, Manabu P112, C112 50 Asatryan, Zareh P45 51 Ataíde Moreira, Humberto P372 52 Atak, Alev P277 53 Auriol, Emmanuelle C122 54 Avdeenko, Alexandra P21, P317 55 Avdjiev, Stefan P211, C211 56 Ayerst, Stephen P288, C288 57 Azar, José P326 58 Bahaj, Saleem P165 59 Bai, Yan P119 60 Balestra, Simone P388 61 Balles, Patrick P180 62 Bamieh, Omar P96 63 Banerjee, Ritwik P249 64 Barattieri, Alessandro P28 65 Barbiero, Francesca P381, C381 66 Barbosa, Luciana P296, C296 67 Barcellos, Silvia P136 68 Barczyk, Daniel P275, C275 69 Barendse, Sander P33 70 Barron, Manuel P334 71 Barth, Andreas P164, C164 72 Barton, Nicholas P386 73 Basak, Deepal P137, P237 74 Baskaran, Thushyanthan P159, P255, C255 75 Baslandze, Salome P34 76 Bastos, Paulo P56, C56, P314 77 Battigalli, Pierpaolo P230, C230, P375, C375 78 Battisti, Michele P222 79 Battistini, Niccolò P253 80 Bauducco, Sofia P139, C139 81 Baum-Snow, Nathaniel P118 82 Baumann, Leonie P194 83 Bech, Katarzyna P99 84 Becker, Sascha P1 85 Behncke, Stefanie P223 86 Bellani, Luna P352, C352 87 Bello, Piera P209 88 Bental, Benjamin P130, C130 89 Berger, Loic P299 90 Berger, Eva P141 91 Bertanha, Marinho P152 92 BERTHEAU, ANTOINE P350 93 Besstremyannaya, Galina P130 94 Best, James P286, P343 95 Bian, Bo P84, C84 96 Bianchi, Daniele P41 97 Bidder, Rhys P65, P169, C169 98 Bielecki, Marcin P336 99 Bindler, Anna P269 100 Bird, Daniel P194 101 Birg, Laura P262, P406, C406 102 Bischof, Tamara P209 103 Bizzotto, Jacopo P286, P338 104 Black, Ines P233 105 Blasques, Francisco P320 106 Blundell, Richard C248 107 Boheim, Rene P217 108 Bohn, Frank P227 109 Bohne, Albrecht P406 110 Boleslavsky, Raphael P245 111 Bonein, Aurélie P142 112 Boneva, Teodora P166 113 Bonfim, Diana P81, C81 114 BONNETON, NICOLAS P123 115 Boons, Martijn P8 116 Boot, Tom P278 117 Borri, Nicola P128, P190 118 Bortolotti, Stefania P143 119 Boswijk, Peter P163 120 Boutchenik, Beatrice P24, C24 121 Boutin, Delphine P196 122 BOVINI, GIULIA P247, C247 123 Breitmoser, Yves P59, C59 124 Brinca, Pedro P151 125 Briole, Simon P273 126 Brito, Paulo P193 127 Britz, Volker P81 128 Broadway, Barbara P12 129 Brock, J Michelle P86, C86 130 Brueck, Tilman P207 131 Bruins, Marianne P315, C315 132 Bruns, Martin P251 133 Buffat, Justin P140 134 Bugarin, Mauricio P192, C192 135 Bulligan, Guido P99 136 Burda, Michael P13, C13 137 Busch, Christopher P172 138 Bystrov, Victor P85 139 Cabus, Sofie P335 140 Cacciatore, Matteo P383, C383 141 caglio, ceciilia P22 142 Cahlikova, Jana P179 143 Cahuc, Pierre P1 144 Cairo, Isabel P53, C53 145 Caldara, Dario P174 146 Calsamiglia, Caterina P248 147 Caminal, Ramon P186 148 Camous, Antoine P224, C224 149 Campbell, Jeffrey P270 150 Campbell, Douglas P145 151 Campos, Rodolfo P87 152 Candian, Giacomo P234 153 Cannon, Edmund P348 154 Cannonier, Colin P176 155 Cantillon, Estelle C1 156 Cao, Yifei P169 157 Caputo, Rodrigo P197, C197 158 Carapella, Francesca P54, C54 159 Carattini, Stefano P95, C95 160 Carbajal, Juan Carlos P372, C372 161 Cargoët, Thibaud P174 162 Carrillo, Julio P240 163 CARRONI, ELIAS P16 164 Carvalho, Bruno P131, C131 165 Carvalho, Leandro P150, P299 166 Cascaldi-Garcia, Danilo P55 167 Castro, Juan F. P335, C335 168 Castro, Rui P288 169 Castro, Francisco P372 170 Catonini, Emiliano P371, P377, C377 171 Cavalcanti Ferreira, Pedro P127 172 Cen, Jason P42, C42 173 Cepeda, Freddy P219 174 Cerqua, Augusto P182 175 Cerruti, Davide P214 176 Chakraborty, Archishman P192, P298 177 Chalak, Karim P147 178 Charalampidis, Nikolaos P206 179 Charlot, Olivier P350 180 Charnavoki, Valery P384, C384 181 Chaumont, Gaston P364 182 Chen, Li P76 183 Chen, Shuai P57 184 Chen, Yi-Ting P163 185 Chen, Paul P220, C220 186 Chen, Daniel P269, C269, P366 187 Chen, Heng P369 188 Chen, Kong-Pin P150 189 Cheng, Wan-Jung P73 190 Cherepnina, Ksenia P342 191 Chernoff, Alex P212 192 Chesher, Andrew P147, C147 193 Chiang, Harold P64 194 Chiarella, Carlo P220 195 Chiba, Saori P349 196 Chioveanu, Ioana P266 197 Chlass, Nadine P59 198 Cho, Sung-Jin P404 199 Cho, In-Koo P246, C246 200 Chretien, Edouard P22, C22 201 Chu, Liya P297 202 Chu, Wah Yip P202 203 Chu, Yu-Wei Luke P363 204 Chung, Wanyu P234, C234 205 Cinnirella, Francesco P213 206 CL Souza, Pedro P188, C188 207 Clemens, Marius P303 208 Clymo, Alex P52, C52, P400, C400 209 Coeurdacier, Nicolas P370 210 Coimbra, Nuno P215, C215 211 Colonnelli, Emanuele P135 212 Commault, Jeanne P162 213 Constâncio, Vitor P121 214 Conti, Antonio P55 215 Cooke, Dudley P224 216 Corhay, Alexandre P65 217 Cornwell, Christopher P359 218 Correia-da-Silva, Joao P372 219 Cortes, Matias P217, C217 220 Costa-Gomes, Miguel A. P299, C299 221 Costain, James P253, C253 222 Coulomb, Renaud P30, C30 223 Crego, Julio P298, C298 224 Crifo, Patricia P84 225 Csáfordi, Zsolt P271 226 Cubel, Maria P6 227 Cui, Wei P54, P230 228 Curatola, Giuliano P241 229 Currie, Janet P122 230 Cusato Novelli, Antonio P128 231 d'Este, Rocco P294 232 Dal Bianco, Chiara P341 233 Damásio, Bruno P185, C185 234 Daminato, Claudio P268, P318, C318 235 Dammert, Ana P168 236 Daniel, Kent P328 237 Daniele, Maurizio P31 238 Danziger, Leif P133, C133 239 Darolles, Serge P369 240 Datta, Bipasa P338, P395, C395 241 Davi, Mariana P359, C359 242 Davoine, Thomas P382 243 Díez Minguela, Alfonso P340 244 De Benedictis, Luca P347 245 De Blander, Rembert P21, C21 246 de Bresser, Jochem P150 247 de Gendre, Alexandra P407 248 De Luca, Giuseppe P367 249 De Magalhaes, Leandro P241, P353, C353 250 De Nardi, Mariacristina P275 251 De Nardi, Mariacristina C121 252 de Oliveira, Guilherme P213 253 De Rezende, Rafael P226 254 de Walque, Damien P168, C168 255 Deák, Szabolcs P52 256 Debrun, Xavier P353 257 Dehos, Fabian P170, C170 258 Dekel, Eddie C198 259 Del Negro, Marco P184, P270 260 Delalibera, Bruno P199 261 Delavande, Adeline P360 262 Della Giusta, Marina P6, C6 263 Dembo, Aluma P156 264 DEMEZE JOUATSA, Ghislain Herman P377 265 Denk, Oliver P14, C14 266 Dertwinkel-Kalt, Markus P342 267 Devereux, Michael P119 268 Dey, Subhasish P255 269 Di Gioacchino, Debora P181 270 Di Miceli, Andrea P97 271 Di Nola, Alessandro P272 272 Di Pace, Federico P225 273 Diaz, Carlos P74 274 DiCecio, Riccardo P260, C260 275 Dimitriadis, Timo P33 276 Dindo, Pietro P72 277 Diniz, Andre P109 278 Direr, Alexis P67 279 Disney, Richard P183 280 Dissanayake, Ruchith P138 281 Dittmar, Jeremiah P281 282 Dittrich, Johannes P16 283 Djordjevic, Ljubica P223 284 Dogra, Keshav P228 285 Doligalski, Paweł P285 286 Domenech, Rafael P303 287 Donsimoni, Jean Roch P375 288 dos Santos, Marcelo P51 289 Doyle, Orla P257 290 Drupp, Moritz P217 291 Duarte, Margarida P291 292 Dubois, Corinne P215 293 Dumitru, Ana-Maria H. P311 294 Dupraz, Stephane P344 295 Dur, Umut P76 296 Duval-Hernandez, Robert P58 297 Dzemski, Andreas P188 298 Dziewulski, Pawel P67 299 Eckernkemper, Tobias P239 300 Economides, George P352 301 Eguren Martin, Fernando P218 302 Ehrmann, Michael P82, C82, C173, C301 303 Einiö, Elias P389 304 Eisenschmidt, Jens P301 305 El-Shagi, Makram P297, C297 306 Elfayoumi, Khalid P30 307 Eliaz, Kfir P150, C150, P194, C194, C327 308 Emami Namini, Julian P229 309 Eminidou, Snezana P346 310 Engel, Jannis P123, C123 311 Epper, Thomas P232 312 Erdemlioglu, Deniz P358 313 Eriksson, Clas P171 314 Erman, Lisardo P153 315 Escobari, Diego P339, C339 316 Eslava, Marcela P288 317 Esposito, Federico P282 318 Estevan, Fernanda P176 319 Etgeton, Stefan P348 320 Etheridge, Ben P24 321 Etienne, Audrey P24 322 Evdokimov, Kirill P33 323 Exler, Florian P260 324 Fabrizi, Simona P78 325 Facchini, Gabriel P83, C83 326 Fackler, Daniel P10 327 Fagereng, Andreas P275 328 Falck, Elisabeth P53 329 Faraglia, Elisa P69 330 Farooq, Ammar P283 331 Farquharson, Christine P91 332 Favre, Giacomin P70 333 Fedorets, Alexandra P14 334 Feess, Eberhard P342, C342 335 Feger, Fabian P264 336 Felix, Luiz P189, C189 337 Fella, Giulio P228 338 Femminis, Gianluca P343, C343 339 Fernandez-Val, Ivan P64, C64 340 Ferraresi, Massimiliano P192 341 Ferreira, Miguel P228, C228 342 Ferreira-Lopes, Alexandra P384 343 Ferrero, Andrea P218, C218 344 Feve, Patrick P90, C90 345 Fidrmuc, Jarko P240, C240 346 Finkelstein, Amy P324 347 Fiorentini, Gabriele P152, C152 348 Fioroni, Tamara P378 349 Fishman, Arthur P158, C158 350 Flamini, Alessandro P378, C378 351 Fleckinger, Pierre P40 352 Flemming, Jean P283 353 Flore, Raphael P80 354 Foerster, Manuel P401 355 Fogli, Alessandra P127, C127 356 Foley-Fisher, Nathan P161, P221, C221 357 Fongoni, Marco P225 358 Font Gilabert, Paulino P257 359 Fontaine, François P322 360 Fooken, Jonas P354 361 Forlati, Chiara P347 362 Fornwagner, Helena P249 363 Foroni, Claudia P243 364 Forti Grazzini, Caterina P337 365 Fosten, Jack P312, C312 366 Fraser, Clive P140, C140 367 Fricke, Christoph P93 368 Friebel, Guido P122 369 Fries, Sebastien P27 370 Frimmel, Wolfgang P94 371 Frohm, Erik P11 372 Fuchs-Schündeln, Nicola P382, C382 373 Fudenberg, Drew C200 374 Fuentes-Albero, Cristina P228, P277 375 Fugazza, Carolina P12 376 Fuhrer, Lucas P221 377 Fujimoto, Junichi P174, C174, P364 378 Fujiwara-Greve, Takako P371 379 Furtado, Delia P222 380 Fusshoeller, Chantal P206 381 Gaballo, Gaetano P230 382 Gabrovski, Miroslav P258 383 Gal, Peter P381 384 Galaasen, Sigurd Mølster P22 385 Galí, Jordi P270, C270, C323 386 Galimberti, Jaqueson P74, C74 387 Galli, Carlo P237 388 Gamalerio, Matteo P227 389 Gamp, Tobias P158 390 Gandre, Pauline P344 391 Ganserer, Angelika P80 392 Garbarino, Nicola P332 393 Garcia Hombrados, Jorge P46 394 Garcia Pires, Armando Jose P16, C16 395 Garcia-Macia, Daniel P240 396 Garcia-Ramos, Aixa Maria P57 397 Garibaldi, Pietro P201, C201 398 Garin, Julio P321, C321 399 Garnadt, Niklas P130 400 Gaspar, Vítor P121 401 Gautier, Erwan P265 402 Gazmuri, Ana P176, C176 403 Gäbler, Stefanie P292 404 Gören, Erkan P340, C340 405 Gehrke, Britta P2 406 Genakos, Christos P395 407 Genie, Mesfin P262 408 Geraldes, Diogo P177 409 Gerardi, Dino P187, C187 410 Gerster, Andreas P167 411 Gesche, Tobias P276, C276, P342 412 Gevrek, Zahide P136 413 Geyer, Johannes P201 414 Ghosh, Atish P218 415 Giannitsarou, Chryssi P15 416 Gick, Wolfgang P106, C106 417 Gil, Ricard P210, C210, P319 418 Gil, Pedro P258 419 Gilchrist, Simon P329 420 Gille, Veronique P46, C46 421 Ginja, Rita P60, P103, P191, C191 422 Giofré, Maela P138 423 Giordano, Claire P337, C337 424 Giovannetti, Giorgia P11, C11 425 Gnocchi, Stefano P355 426 Goldberg, Penelopi P331, C331 427 Goldberg, Jonathan P157, P221 428 Gollier, Christian P328, C328 429 Gomes, Pedro P386 430 Gonçalves, Ricardo P203 431 Gonczarowski, Yannai P368 432 Gonschorek, Gerrit P181 433 Gonzalez-Maestre, Miguel P20 434 González, Libertad P83 435 Gorgi, Paolo P77, C77 436 Gorno, Leandro P19, C19, P156 437 Goryunov, Maxim P279, P350 438 Gouret, Fabian P399 439 Goussebaile, Arnaud P300 440 Goy, Gavin P230 441 Grabka, Markus P307 442 Grabowski, Daniel P313, C313 443 Gradojevic, Nikola P36 444 Granero, Lluis M. P38 445 Grassi, Basile P35, C35 446 Gratton, Gabriele P349 447 Gräber, Nikolai P124 448 Greenwood-Nimmo, Matthew P311 449 Gretschko, Vitali P203 450 Grewenig, Elisabeth P144 451 Grillo, Edoardo P227 452 Grimm, Stefan P86 453 Grisse, Christian P41 454 Grochulski, Borys P396, C396 455 Groll, Thomas P180 456 Groll, Dominik P18 457 Gross, Isaac P109, C109, P199 458 Grosse Steffen, Christoph P175, C175 459 Grosskurth, Philipp P167, C167 460 Grossmann, Volker P191 461 Grundke, Robert P229 462 Gu, Yiquan P357 463 Guber, Raphael P333 464 Guceri, Irem P45 465 Guentner, Jochen P260 466 Guillamon, Cristina P216 467 guiso, luigi P1 468 Gunduz, Yalin P138, C138 469 Guner, Nezih P9, C9 470 Gupta, Atul P236 471 Gutekunst, Christine P5, C5 472 Guyon, Nina P363 473 Gwiazdowski, Tadeusz P385 474 Haavio, Markus P215 475 Habte, Osmis P339 476 Haefke, Christian P283 477 Hafemann, Lucas P226 478 Hajdu, Tamás P388, C388 479 Hakak, Lorena P387 480 Hakimov, Rustamdjan P345 481 Halla, Martin P9 482 Halvarsson, Daniel P271 483 Hammond, Robert P76, C76 484 Handel, Ben P117 485 Harenberg, Daniel P275 486 Haritchabalet, Carole P266 487 Harmon, Nikolaj P159, P292, C292 488 Hashidate, Yosuke P143, P232, C232 489 Hassan, Fadi P168 490 Hau, Harald P271, C271 491 Havari, Enkelejda P207, C207 492 Hazan, Moshe P281, C281 493 Häfner, Samuel P356 494 He, Yinghua P345, C345 495 Heß, Simon P403 496 Hefti, Andreas P279, C279 497 Heidhues, Paul P117 498 Heim, Sven P208 499 Heinicke, Franziska P123 500 Heinke, Steve P205 501 Heinsalu, Sander P187 502 Hellwig, Christian P161, C161, P267, C267 503 Hellwig, Michael P142 504 Helm, Ines P4 505 Hemous, David P379, C379 506 Hengel, Erin P29 507 Henkel, Lukas P389 508 Hennequin, Myrna P274 509 Herresthal, Claudia P304 510 Herron, Richard P394, C394 511 Herskovic, Bernard P237 512 Hertweck, Matthias P256 513 Herz, Holger P210 514 Hett, Florian P143, C143 515 Heyen, Daniel P343 516 Heyman, Fredrik P211 517 Hillebrand, Marten P30 518 Hinreiner, Elisabeth P374 519 Hirose, Yasuo P175 520 Hjalmarsson, Erik P309 521 Ho, Anson P280 522 Hodbod, Alexander P47, C47 523 Hoffmann, Florian P149, C149 524 Holm, Martin P44 525 Holub, Felix P39 526 Hommes, Cars P274, C274 527 Honarvar, Iman P124 528 Hong, Gee Hee P157 529 Hoonhout, Pierre P397, C397 530 Hopenhayn, Hugo A. P34, C34 531 Horie, Mayumi P232 532 Hornuf, Lars P249, C249 533 Horny, Guillaume P132 534 Horvath, Marco P7 535 Horvath, Hedvig P273, C273 536 Hsu, Alex C25, P277 537 Hu, Audrey P26 538 Huang, Hanwei P154 539 Huber, Stefanie P204 540 Hubert, Olivier P80 541 Hubner, Stefan P108 542 Huesmann, Katharina P183 543 Hug, Jessica P212 544 Hull, Isaiah P284 545 Hull, Peter P236 546 Hunter, John P211 547 Hur, Jinwook P402 548 Hyll, Walter P305 549 Ibarra-Ramirez, Raul P321 550 Iglesias, Emma M. P243 551 Ikeda, Daisuke P365 552 Imai, Susumu P277, C277 553 Imbruno, Michele P259 554 Ingholt, Marcus P165, C165 555 iorio, daniela P91 556 Issler, Joao P312 557 Istrefi, Klodiana P126 558 Itskhoki, Oleg P119 559 Izhakian, Yehuda P202 560 Jackson Young, Laura P31 561 Jacobs, Bas P94, C94 562 Jaeggi, Adrian P61, C61 563 Jaimes, Richard P199 564 Janiak, Alexandre P225, C225 565 Jann, Ole P343 566 Janssen, Simon P60, C60 567 Jaroszek, Lena P204 568 Jäger, Philipp P348 569 Jeong, Seungwon (Eugene) P26, P203, C203 570 Jia, Ruixue P363, C363 571 Jiang, Wei P151, C151 572 Jiang, Junya P202 573 Jiao, Peiran P66 574 Jimenez, Gabriel P93, C93 575 Jin, Keyu C119 576 John, Anett P39, C39, P293, C293 577 Johnen, Johannes P404, C404 578 Johnson, Will P35 579 Joo, Hyungseok P242, C242 580 Jorda, Vanesa P352 581 Joslin, Knut-Eric P225 582 Juelsrud, Ragnar P220 583 Juerschik, Chris P23 584 Jurajda, Stepan P97, C97 585 Kabatek, Jan P134, P315 586 Kaeding, Matthias P214 587 Kampkötter, Patrick P13 588 Kang, Byunghoon P289 589 Kapicka, Marek P224 590 Kapounek, Svatopluk P250, C250 591 Karadi, Peter P346 592 Karadimitropoulou, Aikaterini P205 593 Karaivanov, Alexander P244, P254, C254 594 Karami, Moein P298 595 Karantounias, Anastasios P224 596 Karhinen, Santtu P7 597 Karmakar, Sudipto P272, C272 598 Kaszab, Lorant P90 599 Katayama, Munechika P125 600 Kato, Kengo P155 601 Katuscak, Peter P137 602 Köster, Mats P263 603 Künn, Steffen P350, C350 604 Kőszegi, Botond C117 605 Kellermann, Janosch P358 606 Kellner, Christian P148 607 Kerndler, Martin P134 608 Kerssenfischer, Mark P226 609 Kerzenmacher, Florian P123 610 Ketz, Philipp P152 611 Khalmetski, Kiryl P249 612 Kichko, Sergey P279 613 Kiku, Dana P328 614 Kim, Ryan P272 615 Kim, Dohyung P70 616 Kim, Dongwoo P380 617 Kirchner, Philipp P355, C355 618 Kirsanova, Tatiana P69, C69 619 Kiss, Tamas P235 620 Kitagawa, Toru P147 621 Kiyotaki, Fumi P186 622 Klein, Mathias P32 623 Klymak, Margaryta P229 624 Knell, Markus P51 625 Knowles, Matthew P285 626 Knyazev, Dmitriy P26, C26 627 Kobayashi, Keiichiro P272 628 Koch, Christoffer P100, C100 629 Kocharkov, Georgi P379 630 Koellinger, Philipp P380 631 Koenig, Philipp P22 632 Koetter, Michael P227, C227 633 Kogler, Michael P332, C332 634 Kokovin, Sergey P279 635 Kolasa, Marcin P280 636 Kolyuzhnov, Dmitri P146 637 Konya, Istvan P336 638 Koopman, Siem Jan P309, C309 639 Koren, Miklós P248 640 Korevaar, Matthijs P141 641 Kos, Nenad P113, C113 642 Koskinen, Hannu P265 643 Kotschedoff, Marco P208 644 Kotschy, Rainer P171 645 Koudijs, Peter P281 646 Kovbasyuk, Sergei P276 647 Kowalik, Michal P28, C28 648 Kraftschik, Alexander P112 649 Krapf, Matthias P307 650 Krestel, Christian P158 651 Kristensen, Dennis P195, C195 652 Kristiansen, Eirik P302, C302 653 Kruiniger, Hugo P105 654 Krusell, Per P121 655 Kuang, Pei P146 656 Kubota, So P80 657 Kucuk, Hande P219 658 Kudlyak, Marianna P225, P283, C283 659 Kuenzel, David P50 660 Kukharskyy, Bohdan P210 661 Kulikova, Yuliya P341 662 Kumar, Kamlesh P162 663 Kumru, Cagri P32 664 Kunst, Robert P185 665 Kuo, Biing-Shen P397 666 Kuosmanen, Isa P398 667 Kushnir, Alexey C285 668 Kuznetsova, Olga P226 669 Kyriakopoulou, Dimitra P235 670 Kyyrä, Tomi P231 671 La Ferrara, Eliana C324 672 Laehner, Tom P82 673 Lambertini, Luisa P316 674 Lamp, Stefan P339 675 Landmann, Andreas P317, C317 676 Lane, Nathaniel P160, C160 677 Lange, Martin P392 678 Lardeux, Raphaël P351 679 Larsen, Vegard P373 680 Larsen, Birthe P214, C214 681 Lastauskas, Povilas P212, P321 682 Lattanzio, Gabriele P269 683 Lauermann, Stephan P148, C148 684 Laurentsyeva, Nadzeya P207 685 Laureti, Carolina P293 686 Lawarree, Jacques P396 687 Lawless, Martina P133 688 Layton, Timothy P236 689 Le Barbanchon, Thomas P322, C322 690 Lebastard, Laura P145 691 Lee, Hyun P71, C71 692 Lee, Jeongmin P36, C36 693 Lee, Junghoon P291, C291 694 Legros, Patrick C326 695 Lehmann, Robert P17 696 Lehnert, Thorsten P202 697 Leite, Duarte P51, C51 698 Leitner, Yaron P48 699 Lemmermann, Dominique P295 700 Lenoir, Clemence P56 701 Lenza, Michele P251 702 Lepage-Saucier, Nicolas P63, C63 703 Lepetyuk, Vadym P28 704 Lepine, Andrea P247 705 Lergetporer, Philipp P392, C392 706 Leturcq, Marion P162 707 Levely, Ian P354, C354 708 Levonyan, Vardges P159 709 Leyva, Gustavo P364, C364 710 LI, Yuhao P308, C308 711 Li, Shengwu P368, C368 712 Li, Jun P8, C8 713 Li, Bin P402, C402 714 LI, JINXIAN P269 715 Li, Duozhe P113 716 Li, Lei P229 717 Li, Z. Merrick P358, C358 718 Li, Nan P85, P154 719 Li, Jian P204, C204 720 Liang, Che-Yuan P94 721 Liebert, Helge P166 722 Lieli, Robert P300 723 Liesenfeld, Roman P31, C31 724 Lim, King Yoong P383 725 Lima, Francisco P134 726 Lindenthal, Volker P213 727 Lindner, Attila P182, C182 728 Link, Sebastian P21 729 Lipinska, Anna P18, C18 730 Lipnowski, Elliot P245, C245 731 Liu, Ruixuan P308 732 Liu, Liu P374 733 Liu, Yulin P90 734 Ljunge, Martin P264, C264 735 Loenser, Christian P53 736 Lombardi, Stefano P10 737 Lopes, Marta P302 738 Lopez, Pierlauro P215 739 Lopez Garcia, Paloma P206, C206 740 Lozej, Matija P222 741 Lubensky, Dmitry P187 742 Lucchese, Elena P341, C341 743 Luciani, Matteo P85, C85 744 Luck, Stephan P111 745 Luhrmann, Melanie P37, C37 746 Lukas, Moritz P205 747 Luque, Jaime P242 748 Lustenhouwer, Joep P346, P394 749 Macchiavello, Rocco P326 750 Machado, Cecilia P359 751 Machado, Joel P222, C222 752 MacKay, Alexander P319, C319 753 MacLeod, W. Bentley P40, C40 754 Madeira, Carlos P126 755 Madio, Leonardo P16 756 Maffioli, Elisa P405, C405 757 Magnac, Thierry P233, C233, C408 758 Mahmud, Minhaj P317 759 Mai, Joseph P154, C154 760 Maillard-Bjedov, Tjasa P354 761 Mamadehussene, Samir P38, C38 762 Mandelman, Federico P35 763 Mandler, Michael P183, C183, P362, C362 764 Mann, Katja C96, P267 765 Manuelli, Rodolfo P34 766 Marczak, Martyna P77 767 Margaryan, Shushanik P178, C178 768 Marimon, Ramon P303, C303 769 Martin, Simon P113 770 Martin, Alberto P346, C346 771 Martinez Garibay, Homero P206 772 Martinez-Garcia, Enrique P219, C219 773 Martins, Luis Filipe P27, C27 774 Martins-Filho, Carlos P195 775 Mass, Helene P199 776 Matakos, Konstantinos P181, C181 777 Mateos-Planas, Xavier P104, P267 778 Mattauch, Linus P307, C307 779 Mattozzi, Andrea P144, C144 780 Matveenko, Andrei P72, C72 781 Matzkin, Rosa C114 782 Maxand, Simone P105 783 Maximiano, Sandra P59 784 Mayda, Anna Maria C120 785 Mayr, Lukas P390 786 Maystadt, Jean-Francois P120 787 Mazelis, Falk P393 788 Mazur, Karol P334, C334 789 Mäder, Beatrice P341 790 Mésonnier, Jean-Stéphane P221 791 Mödl, Michael P338 792 Müller, Karsten P218 793 Müller, Julia P13 794 McAdam, Peter P336, C336 795 McDonald, Stuart P293 796 McDonnell, Therese P257 797 Meeks, Roland P126, C126 798 Meier, Matthias P240 799 Meinicke, Maximilian P140 800 Meisner, Vincent P20 801 Melguizo, Isabel P401 802 Mendes, Arthur P109 803 Mendicino, Caterina P243, C243 804 Mendoza, Enrique P119 805 Mennuni, Alessandro P54 806 Menzel, Andreas P238 807 Miccoli, Marcello P306, C306 808 Mies, Veronica P34 809 Migali, Giuseppe P58 810 Mill, Wladislaw P354 811 Milovich, Juliana P381 812 Mimra, Wanda P210 813 Minea, Andreea P134, C134 814 Minea, Alexandru P316, C316 815 Mion, Giordano P314 816 Mirza, Afrasiab P361 817 Mistrulli, Paolo Emilio P164 818 Mittag, Nikolas P231 819 Miyamoto, Wataru P373, C373 820 Miyamoto, Sho P286 821 Mocan, Naci C294 822 Moench, Emanuel P365, C365 823 Mogstad, Magne P248 824 Mohimont, Jolan P256, C256 825 Mohnen, Myra P271 826 Moinas, Sophie P25 827 MOIZEAU, Fabien P4 828 Molina Domene, Maria P10 829 Mondragon, John P223, C223 830 montanes, antonio P163, C163 831 Montes-Galdon, Carlos P306 832 Monzon, Ignacio P276 833 Mora, Nada P250 834 Morand, Pierre-Henri P211 835 Morando, Greta P6 836 Morchio, Iacopo P287, C287 837 Moretti, Luigi P17, C17 838 Moretti, Laura P55, C55 839 Morita, Kimiyuki P310 840 Moro, Russell P289 841 Morris, Stephen C115 842 Mosthaf, Alexander P96 843 Motz, Nicolas P75 844 Mouabbi, Sarah P173 845 Mourifie, Ismael P196 846 Muehlenweg, Andrea P136 847 Mueller, Tobias P305, C305 848 Mueller, Kai-Uwe P268, P407, C407 849 Mumcu, Ipek P6 850 Murto, Pauli P357 851 Musso, Alberto P98, C98 852 Myers, Sean P370, C370 853 Nagel, Rosemarie P66, C66, P274 854 Nagl, Wolfgang P348, C348 855 NAKAA, MOunira P11 856 Nakov, Anton P71 857 Nalbach, Eva P258, C258 858 Naseer, Muhammad Farooq P287 859 Natenzon, Paulo P67, C67 860 Nathanson, Charles P102 861 Nautz, Dieter P88 862 Näther, Maria P250 863 Nearchou, Paris P407 864 Neary, Peter P347, C347 865 Nechio, Fernanda P370 866 Necker, Sarah P302 867 Nedeljkovic, Milan P337 868 Neri, Lorenzo P247 869 Neto, António P336 870 Nguyen, Thuy Lan P234 871 Nguyen, Anh P131 872 Nicolo, Antonio P290 873 Nielsen, Carsten Krabbe P361 874 Nikolka, Till P178 875 Nikolov, Kalin P361, C361 876 Nitsch, Volker P229, C229 877 Noailly, Joelle P49, C49 878 Nocke, Volker P20, C20 879 Norbäck, Pehr-Johan P217 880 Norden, Lars P220 881 O'Malley, Terence P223 882 Obiols-Homs, Francesc P379 883 Ochsner, Christian P213 884 Odermatt, Reto P263 885 Oikarinen, Elias P4, C4 886 Oikawa, Masato P170 887 Oikawa, Koki P362 888 Olden, Andreas P87 889 Opromolla, Luca David P261 890 Ordine, Patriza P398 891 Orlandi, Fabrice P52 892 Orlando, Tommaso P75, C75 893 Ornaghi, Carmine P282 894 Other, Lars P301 895 Otsu, Taisuke P155 896 Ottaviani, Marco P349, C349 897 Ozhan, Galip P18 898 Ozsoy, S. Mehmet P47 899 Pacini, David P367, C367 900 Paczos, Wojtek P175 901 Pagliari, Maria Sole P361 902 Palansky, Miroslav P199 903 Palguta, Jan P227 904 Paligorova, Teodora P244 905 Palma, Nuno P226, C226 906 Palme, Mårten P58, C58 907 Palombo, Edoardo P383 908 Palomino, Francisco P25 909 Paluszynski, Radek P242 910 Panetti, Ettore P161 911 Pangallo, Marco P377 912 Panza, Laura P97 913 Paradisi, Matteo P318 914 Parakhonyak, Alexei P266, C266 915 Paredes, Joan P131 916 Paredes-Torres, Tatiana P376 917 Parente, Paulo M.D.C. P163 918 Parise, Gianpaolo P204 919 Park, Jaeok P371 920 Pascoa, Mario P190 921 Paul, Pascal P365 922 Pauzner, Ady P290, C290 923 Püttmann, Lukas P96 924 Pei, Guangyu P3, C3 925 Peijnenburg, Kim P204 926 Pellegrino, Gabriele P392 927 Penciakova, Veronika P402 928 Pennerstorfer, Dieter P339 929 Pensieroso, Luca P385, C385 930 Perazzi, Elena P385 931 Pereira, Jaime P253 932 Pereyra, Juan P353 933 Perez Vincent, Santiago P199 934 Perez-Barahona, Agustin P291 935 Perez-Reyna, David P161 936 Perez-Richet, Eduardo P245 937 Perrone, Helena P208 938 Pertold, Filip P252, C252 939 Pertold-Gebicka, Barbara P252 940 Pesola, Hanna P182 941 Pessoa, Joao Paulo P282 942 Peterman, William P316 943 Petersen, Luba P205, C205, P274 944 Petropoulos, Georgios P362 945 Petrunia, Robert P70, C70, P216, C216 946 Pfeifer, Gregor P191 947 Piazzalunga, Daniela P57, C57 948 Pidkuyko, Myroslav P100 949 Pietrelli, Rebecca P207 950 Pikos, Anna Katharina P80 951 Pina, Goncalo P234 952 Pinheiro, Roberto P363 953 Pinheiro de Matos, Luís P340 954 Pinto, Cristine P312 955 Pinto, Eugenio P125 956 Pique, Ricardo P75 957 Piza, Caio P5 958 Platonov, Konstantin P173 959 Ploberger, Werner P184, C184 960 Poelhekke, Steven P256 961 Polisson, Matthew P156, C156 962 Polonio, Luca P37 963 Ponczek, Vladimir P359 964 Ponzetto, Giacomo P40, P129, C129 965 Popov, Sergey P345 966 Popov, Alexander P217 967 Porcellacchia, Davide P355 968 Portela Souza, Andre P129 969 Potter, Tristan P10, C10 970 POULHES, Mathilde P351 971 Prein, Timm Marc P128 972 Puga, Diego P118, C118 973 Puppe, Clemens P78, C78 974 Purice, Victoria P259, C259 975 Py, Loriane P390, C390 976 Qayyum, Shaiza P231, C231 977 Qu, Xi P31 978 Quigley, Daniel P349 979 Quinn, Simon P238, C238 980 Quint, Dominic P393 981 Quintin, Erwan P189 982 Qureshi, Mahvash P218 983 Rachedi, Omar P32 984 Racine, Jeffrey P289, C289 985 Raes, Louis P82 986 Ragan, Kelly P9 987 Ramirez, Carlos P202, C202 988 Rasul, Imran C325 989 Rattini, Veronica P247 990 Raute, Anna P360 991 Ravid, Doron P286, C286 992 Ray, Simon P127 993 Raykov, Radoslav P290 994 Rei, Claudia P89, C89 995 Reichlin, Lucrezia P329 996 Reis, Ricardo P32, C32, P329, C329 997 Reizer, Balázs P99, C99 998 Rempel, Mark P284, C284 999 RENNE, Jean-Paul P369, C369 1000 Renner, Philipp P101 1001 Repullo, Rafael P48, C48, P111, C111 1002 Restuccia, Diego P160, P291 1003 Reutter, Mirjam P388 1004 Rezende, Leonardo P395 1005 Rhodes, Andrew P20 1006 Ribas, Rafael P68 1007 Ribeiro, Marcel P139 1008 Ribers, Michael P319 1009 Richter, Michael P237, C237 1010 Riedel, Jana P197 1011 Riekhof, Marie-Catherine P95 1012 Rilstone, Paul P278 1013 Robalo, Pedro P144 1014 Robert-Nicoud, Frédéric P118 1015 Roche, Herve P42 1016 Rodina, David P245 1017 Rodríguez Caballero, Carlos P110 1018 Rodrigues, Paulo P239 1019 Roevekamp, Ingmar P337 1020 Roller, Marcus P295, C295 1021 Romensen, Gert-Jan P13 1022 Roope, Laurence P153, C153 1023 Rostam-Afschar, Davud P45, C45 1024 Rostom, May P12 1025 Rozo Villarraga, Sandra V P179, C179 1026 Rubanov, Oleg P310 1027 Rubaszek, Michal P141 1028 Rubio, Margarita P301 1029 Rudiger, Jesper P106, P304, C304 1030 Russo, Alessia P300, C300 1031 Rzepka, Sylvi P335 1032 Sadoghi, Amirhossein P23 1033 Sahari, Anna P209 1034 Sajedi, Rana P228 1035 Salamanca, Nicolas P108, P273 1036 Salmi, Julia P396 1037 Samano, Mario P216 1038 Sandkamp, Alexander-Nikolai P133 1039 Sandsør, Astrid P17 1040 Sangnier, Marc P353 1041 Santacreu-Vasut, Estefania P387, C387 1042 Santangelo, Gabriella P160 1043 Santos, João P212, C212 1044 Santos, Vasco P338, C338 1045 Santos, Manuel P102, C102 1046 Santos Monteiro, Paulo P2, C2 1047 Sanz, Carlos P292 1048 Sapir, André P1 1049 Sarisoy, Cisil P235 1050 Sarzosa, Miguel P29, P166, C166 1051 Sato, Kiyotaka P145 1052 Savignac, Frédérique P132 1053 Schaudt, Paul P222 1054 Schaumburg, Julia P193, C193 1055 Scheer, Alexander P215 1056 Schildberg-Hoerisch, Hannah P333 1057 Schill, Wolf-Peter P7, C7 1058 Schindler, David P68 1059 Schlag, Karl P137, C137 1060 Schmacker, Renke P60 1061 Schmidt, Torsten P88 1062 Schmidt, Felix P39 1063 Schmidt, Julia P261 1064 Schmitz, Jan P148 1065 Schnücker, Annika P110, C110 1066 Schneider, Ulrike P367 1067 Schoch, Marta P352 1068 Schotman, Peter P235, C235 1069 Schottmueller, Christoph P304 1070 Schreiber, Sven P27 1071 Schroeder, Carsten P391, C391 1072 Schuler, Tobias P365 1073 Schultze, Gabriel P376 1074 Schumacher, Heiner P86 1075 Schumacher, Malte P8 1076 Schweinzer, Paul P149 1077 Schwerin, Hagen P30 1078 Seckler, Matthias P24 1079 Seibold, Arthur P92, C92 1080 Sekiguchi, Tadashi P371, C371 1081 Selaya, Pablo P5 1082 Selmane, Nassima P220 1083 Senay, Ozge P18 1084 Sender, Samuel P105, C105 1085 Seneca, Martin P125, C125 1086 Sentana, Enrique P278, C278 1087 Senyuz, Zeynep P41, C41 1088 Seo, Juwon P309 1089 Seppälä, Ville P387 1090 Serafinelli, Michel P212 1091 Serena, Marco P357, C357 1092 Seres, Gyula P356 1093 Serizawa, Shigehiro P26 1094 Severgnini, Battista P179 1095 Sharapudinov, Shamil P133 1096 Shekhar, Suraj P81 1097 Shi, Zhentao P188 1098 Shin, Yonghceol P397 1099 Siassi, Nawid P44 1100 Silva, Andre P169 1101 Silva, Andre P213, C213, P284 1102 Silva Goncalves, Juliana P29, C29 1103 Silve, Arthur P255 1104 Simon, Lisa P136, C136 1105 SIN, Chor-yiu (CY) P239 1106 Sirries, Steffen P178 1107 Siuda, Fabian P378 1108 Skarda, Ieva P50 1109 Skira, Meghan P103 1110 Skrastins, Janis P322 1111 Slobodyan, Sergey P146, C146 1112 Slotwinski, Michaela P89 1113 Smith, Sarah P140 1114 Soenksen, Jantje P42 1115 Sofianos, Andis P37 1116 Sokolov, Vladimir P35 1117 Sokolova, Anna P241, P370 1118 Sorensen, Peter P15 1119 Sorensen, Bent P241, C241, P259 1120 Sovago, Sandor P398, C398 1121 Spaenjers, Christophe P124, P246 1122 Speck, Christian P15, C15 1123 Sriubaite, Ieva P262, C262 1124 St-Amour, Pascal P103, C103 1125 Steimer, Henrike P210 1126 Steingress, Walter P305 1127 Steinhauser, Ralf P44, C44, C196 1128 Steinmueller, Elias P56 1129 Stelter, Robert P127 1130 Sterk, Vincent P104, C104, P173 1131 Stix, Helmut P23 1132 Stolp, Tom P375 1133 Storesletten, Kjetil C116, P121, P389, C389 1134 Stoye, Joerg P87, C87, P147 1135 Stoykov, Marian P239, C239 1136 Straetmans, Stefan P43 1137 Strøm, Marte P252 1138 Strobel, Christina P199 1139 Strzalecki, Tomasz C330 1140 Stuart, Rebecca P126 1141 Stucki, Yannic P344 1142 Stumpner, Sebastian P261, C261 1143 Sturm, Jan-Egbert P130 1144 Sulka, Tomasz P205 1145 Sun, Hang P311, C311 1146 Sun, Juliana P373 1147 Sunder-Plassmann, Laura P128, C128 1148 Surana, Khushboo P158 1149 Svejnar, Jan P216 1150 Symeonidis, George P362 1151 Szabo-Morvai, Agnes P268 1152 Szerman, Dimitri P160, P340 1153 Taamouti, Abderrahim P320 1154 Takahashi, Yuki P80 1155 Takahashi, Shuhei P71 1156 Takahashi, Koji P111 1157 Tamayo, Cesar P405 1158 Tan, Joanne P364 1159 Tanaka, Katsuto P110 1160 Tang, Rongsheng P39 1161 Tang, Huan P189 1162 Tapalaga, Madalina P295 1163 Tarbush, Bassel P153 1164 Taschini, Luca P167 1165 Taufemback, Cleiton P320, C320 1166 Tejada, Oriol P374, C374 1167 Telegdy, Almos P386, C386 1168 Telg, Sean P27 1169 Temesvary, Judit P84 1170 ter Ellen, Saskia P62 1171 Terstiege, Stefan P276 1172 Tetenov, Aleksey P403, C403 1173 Teti, Feodora P347 1174 Thede, Susanna P211 1175 Thiemann, Petra P273 1176 Thimme, Julian P8 1177 Thysen, Heidi P66 1178 Tian, Weidong P25 1179 Tillmann, Peter P344, C344 1180 Tinang, Jules P100 1181 Tinn, Katrin P36 1182 Tischhauser, Martin P98 1183 Titl, Vitezslav P135 1184 To, Maxime P29 1185 Toan-Do, Quy P120 1186 Toh, Ying Lei P266 1187 Tolan, Songül P92 1188 Tonin, Mirco P159, C159, P209, C209 1189 Toxvaerd, Flavio P142, C142 1190 Trako, Iva P129 1191 Tranchant, Jean-Pierre P255 1192 Traum, Nora P69 1193 Treiberman, Sharon P331 1194 Tresl, Jiri P15 1195 Trindade, Andre P208, C208 1196 Troumpounis, Orestis P401, C401 1197 Troyan, Peter P368 1198 Tsankova, Teodora P254 1199 Tsener, Inna P107 1200 Tsoukas, Serafeim P250 1201 Tsujiyama, Hitoshi P73, C73 1202 Tsuruoka, Masanori P246 1203 Tsuyuhara, Kunio P400 1204 Tsyplakov, Alexander P313 1205 Turlo, Sergey P142 1206 Turolla, Stephane P246 1207 Tusha, Dea P259 1208 Tyahlo, Svitlana P207 1209 Ueberfeldt, Alexander P139 1210 Ueda, Kozo P265 1211 Ui, Takashi P78 1212 Uluc, Arzu P223 1213 Ura, Takuya P64 1214 Urbschat, Florian P306 1215 Uthemann, Andreas P41 1216 Uusküla, Lenno P384 1217 Valente, Christine P108, C108 1218 Valladares-Esteban, Arnau P172 1219 van den Bijgaart, Inge P351 1220 Van den bosch, Jeroen P125 1221 Van Ooijen, Raun P201 1222 Van Reenen, John P79 1223 van Wijnbergen, Sweder P332 1224 Vanschoonbeek, Jakob P17 1225 Vardoulakis, Alexandros P285 1226 Varela, Liliana P287 1227 Vasconcelos, Luis P40 1228 Vasicek, Borek P251, C251 1229 Vasnev, Andrey L. P185 1230 Vasquez, Jorge P68, C68 1231 Vaubourg, Anne-Gaël P47 1232 Vázquez, Jesús P146 1233 Vecci, Joseph P177 1234 Vella, Eugenia P151 1235 Verhoogen, Eric P314, C314 1236 Vermeulen, Philip P265, C265 1237 Viani, Francesca P219 1238 Vidangos, Ivan P153 1239 Vilan, Diego P373 1240 Villacorta, Lucciano P135, C135 1241 Villacorta, Alonso P23, C23, P65, C65 1242 Villanueva, Ernesto P12, C12 1243 Virtanen, Hanna P294 1244 Vlahu, Razvan P332 1245 Vo, Quynh-Anh P221 1246 Voßwinkel, Jan P233 1247 Voelzke, Jan P297 1248 Vohra, Rajiv P186, C186 1249 Voigt, Stefan P184 1250 Voigtlaender, Nico P281 1251 von Hinke, Stephanie P91, C91 1252 von Negenborn, Colin P137 1253 von Siemens, Ferdinand P177, C177 1254 von Thadden, Leopold P393, C393 1255 Vorjohann, Pauline P143 1256 Vostroknutov, Alexander P37, P263, C263 1257 Waddle, Andrea P282, C282 1258 Wagner, Valentin P391 1259 Wagner, Mathias P120 1260 Walle, Yabibal P251 1261 Walther, Selma P46, P315 1262 Walther, Ansgar P48, P394 1263 Wang, Zhu P216 1264 Wang, Shun P63 1265 Wang, Xin P25 1266 Wang, Yizhi P61 1267 Warrinnier, Nele P21 1268 Wasser, Cédric P357 1269 Webb, Matthew P278 1270 Weber, Thomas P38 1271 Weber, Rüdiger P124, C124 1272 Weber, Andrea P248, P268, C268 1273 Wei, Xiao P19, P404 1274 Weibull, Jorgen C366 1275 Welteke, Clara P92 1276 Werner, Katharina P360 1277 Wesołowski, Grzegorz P355 1278 Westermark, Andreas P2 1279 Wilhelm, Daniel P155, C155 1280 Williams, Jenny P308 1281 Willrodt, Jana P263 1282 Winant, Pablo P101 1283 Windmeijer, Frank P33, C33 1284 Wingender, Asger P171, C171 1285 Winkelmann, Lars P358 1286 Winkler, Roland P151 1287 Wlodarczyk, Julia P201 1288 Wolf, Christoph P356 1289 Wolff, Irenaeus P333, C333 1290 Wolton, Stephane P180, C180, P399, C399 1291 Wong, Po Yin P135 1292 Wu, Qinggong P78 1293 Wulff, Alexander P224 1294 Wunderli, Dan P164 1295 Xia, Fan Dora P193 1296 XU, Xinyi P149 1297 Yanagi, Takahide P155 1298 yang, youzhi P73 1299 Yang, Li P14 1300 Yang, Hanlin P243 1301 Yang, Bo P3 1302 Yang, Chao P367 1303 Yang, Guanyi P104 1304 Yao, Yuxin P360, C360 1305 Yasuda, Yosuke P345 1306 Yazici, Hakki P172, C172 1307 Yen, Yu-Min P313 1308 Yildiz, Nese P195 1309 Yilmaz, Fatih P406 1310 Yip, Terry P9 1311 Yoshimoto, Hisayuki P232 1312 You, Jing P254 1313 Ytsma, Erina P233 1314 Yu, Pei Cheng P318 1315 Yuan, Yue P288 1316 Zakharov, Alexey P61 1317 Zamojski, Marcin P77 1318 Zant, Wouter P50, C50 1319 Zarazaga, Carlos P231 1320 Zeitounlian Sarkisian, Roberto P366 1321 Zeltzer, Dan P236, C236 1322 Zeng, Ming P190, C190 1323 Zerbib, Olivier David P296 1324 Zevelev, Albert P244, C244 1325 Zhang, Xin P162, C162 1326 Zhang, Luyao P368 1327 Zhang, Jiarui P206 1328 Zhang, Ping P74 1329 ZHANG, Jiekai P208 1330 Zhang, Min P149 1331 Zhang, Na P132, C132 1332 Zhao, Bo P382 1333 Zhao, Yingnan P157, C157 1334 Zhou, Sophie Lian P49 1335 Zhu, Yu P356, C356 1336 Zhu, Haikun P129 1337 Zhu, Feng P62 1338 Ziegler, Andreas P296 1339 Zilberman, Eduardo P28 1340 Zinovyeva, Natalia P391 1341 Zipperer, Vera P214 1342 Zivanovic, Jelena P260 1343 Zlate, Andrei P244 1344 Zubrickas, Robertas P285 1345 Zucchelli, Eugenio P201 1346 Zwiers, Esmée P335 1347 Zwinkels, Remco P138 1348 Zymek, Robert P154