EEA-ESEM Cologne 2018 Cologne, Germany http://www.eea-esem-congresses.org/ ----------------------------------------------------------------------------------------------------------------------------------------- Conference Summary ---------------------------------------------------------------------------------- August 27, 2018 ---------------------------------------------------------------------------------- 10:00 to 19:00 Registration 12:30 to 13:45 Joint EEA-IEA 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 ES Presidential Address 19:15 to 19:45 ES Members' Meeting 20:00 to 22:30 Welcome Reception ---------------------------------------------------------------------------------- August 28, 2018 ---------------------------------------------------------------------------------- 09:00 to 17:45 EEA Poster Sessions 1 09:00 to 10:15 EEA Schumpeter Lecture 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Invited Sessions 1 10:45 to 12:45 ES Invited Sessions 1 12:45 to 14:15 Lunch 13:00 to 14:00 Monetary and Macroprudential Policy Interactions (session organised by EEA and ECB) 13:00 to 14:00 Innovative Models of Data Access for Researchers (organized by the Standing Committee on Research of the EEA) 14:15 to 16:00 EEA Contributed Sessions 3 14:15 to 16:00 ES Contributed Sessions 3 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 4 16:30 to 17:45 ES Contributed Sessions 4 18:00 to 19:15 ES Laffont Lecture ---------------------------------------------------------------------------------- August 29, 2018 ---------------------------------------------------------------------------------- 09:00 to 17:45 EEA Poster Sessions 2 09:00 to 10:15 EEA Contributed Sessions 5 09:00 to 10:15 ES Contributed Sessions 5 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 ES Lunch 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 19:15 to 19:45 EEA Members' Meeting ---------------------------------------------------------------------------------- August 30, 2018 ---------------------------------------------------------------------------------- 09:00 to 10:15 ES Fisher-Schultz Lecture 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Invited Sessions 2 10:45 to 12:45 ES Invited Sessions 2 12:45 to 14:15 Lunch 13:00 to 14:00 New Challenges, New Tools and New Objectives for Market Design and Public Policy (Local Arrangements Committee, University of Cologne) 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 EEA Marshall Lecture ---------------------------------------------------------------------------------- August 31, 2018 ---------------------------------------------------------------------------------- 09:00 to 10:30 How to Survive the Economics Job Market - Strategies and Advice for Young Economists. 09:00 to 10:30 #WhatEconomistsReallyDo 10:30 to 11:00 Coffee Break 11:00 to 13:00 ERC Grant Proposal Writing 11:00 to 14:00 Workshop: Getting Data from the Web: Scraping for Economists Program Notes and Index of Sessions Joint EEA-IEA Pre-Congress Session from 12:30 to 13:45 Is Europe an Optimal Political Union?, Hörsaalgebäude: Hörsaal C EEA Contributed Sessions 1 from 14:15 to 16:00 Credit, Philosophikum: S73 Development: Firms, Philosophikum: S54 Econometrics I, Philosophikum: S83 Econometrics II, Philosophikum: S55 Empirical Economic Geography, Hauptgebäude: Hörsaal VIIa Evaluating Political Institutions, Hauptgebäude: Hörsaal XIa Exchange Rate Puzzles and Behavioural Explanations, Seminargebäude: S12 Experimental Labour Economics and Contracts, Philosophikum: S82 Gender Biases in Politics, Hauptgebäude: Hörsaal XIb Global Financial Markets, Philosophikum: S65 Housing and the Macroeconomy, Hörsaalgebäude: Hörsaal D Inflation, Hörsaalgebäude: Hörsaal G Information , Hauptgebäude: Hörsaal XVIII Integration of Immigrants and Ethnic Discrimination, Hauptgebäude: Hörsaal VIIb Labour Economics: Demography and Gender I, Seminargebäude: S15 Labour Supply, Seminargebäude: S13 Long Run Growth, Seminargebäude: S24 Macroprudencial Policy and Portfolio Balancing, Seminargebäude: S14 Monetary Policy and Banks, Philosophikum: S92 Optimal Taxation, Philosophikum: S67 Productivity, Seminargebäude: S11 ES Contributed Sessions 1 from 14:15 to 16:00 Incentives in Education, Seminargebäude: S23 Labour Market Mobility, Seminargebäude: S25 Growth, Innovation and Firm Dynamics, Seminargebäude: S01 Investment, Production and Cycles, Seminargebäude: S16 Monetary Economics and Price Rigidities, Seminargebäude: S21 Developments in Financial Econometrics , Seminargebäude: S26 Nonparametric and Semiparametric Methods I, Seminargebäude: S22 Factor Models of Large Dimensions, Seminargebäude: Tagungsraum Panel Data Models with Interactive Effects, Philosophikum: S85 Matching Markets, Philosophikum: S78 Behavioural Game Theory and Experiments, Philosophikum: S66 Household Finance and Option Grants, Philosophikum: Hörsaal H 80 Political Economy: Fiscal Policy, Philosophikum: S69 Sorting, Matching and Frictions in Trade, Philosophikum: S76 Pricing Strategies, Philosophikum: S63 Cheap talk, Information and Learning, Philosophikum: S57 Mechanism Design I, Philosophikum: S58 Repeated Games and Cooperation, Hörsaalgebäude: Hörsaal F Learning, Hörsaalgebäude: Hörsaal E EEA Contributed Sessions 2 from 16:30 to 17:45 Applied Macroeconometrics, Seminargebäude: S14 Asset Pricing I, Philosophikum: S55 Contract Theory: Dynamics, Philosophikum: S83 Development: Rural Issues, Philosophikum: S92 Enlarging the Policy Space, Philosophikum: S73 Firm Competition and Export Dynamics, Seminargebäude: S11 Firms and Credit, Philosophikum: S54 Fiscal Policy I, Hörsaalgebäude: Hörsaal D Growth and Labour Supply, Seminargebäude: S24 Health , Philosophikum: S65 Individual and Household Behaviour, Philosophikum: S82 Labour Economics: Labour Contracts and Markets I, Philosophikum: S67 Macroeconomic Effects of Financial Frictions I, Seminargebäude: S12 Migration and Human Capital, Hauptgebäude: Hörsaal XVIII Monetary Policy and Communication I, Seminargebäude: S01 New Approaches to Business Cycles, Seminargebäude: S15 Optimal Earnings Taxation, Hörsaalgebäude: Hörsaal G Political Institutions I, Hauptgebäude: Hörsaal VIIb Product and Labour Market Dynamics, Seminargebäude: S13 Terror and Crime , Hauptgebäude: Hörsaal VIIa ES Contributed Sessions 2 from 16:30 to 17:45 Social Mobility, Language and Peer Effects, Philosophikum: S85 Consumption, Investment, and Intra-Household Allocation of Resources in Developi..., Philosophikum: S63 Housing Market, Philosophikum: S76 The Labour Share and the Business Cycle, Hörsaalgebäude: Hörsaal E New Measurements in Empirical Macro, Philosophikum: S66 Programme Evaluation, Philosophikum: S69 Identification, Philosophikum: Hörsaal H 80 Preference Discovery, Seminargebäude: Tagungsraum Social Networks, Seminargebäude: S21 Search and Matching, Philosophikum: S78 Banks and Liquidity Management, Philosophikum: S57 Empirical Asset Pricing, Philosophikum: S58 Theory of Industrial Organisation, Seminargebäude: S23 Public Economics: Healthcare, Seminargebäude: S25 ES Presidential Address from 18:00 to 19:15 State Capacity, Reciprocity, and the Social Contract, Hörsaalgebäude: Hörsaal B EEA Poster Sessions 1 from 09:00 to 17:45 Poster Session I, Hörsaalgebäude, Ground Floor EEA Schumpeter Lecture from 09:00 to 10:15 Sharing a Government, Hörsaalgebäude: Hörsaal B EEA Invited Sessions 1 from 10:45 to 12:45 Economics of Online Media, Hörsaalgebäude: Hörsaal C Housing Markets and the Macroeconomy, Hörsaalgebäude: Hörsaal A1 Production Networks, Hauptgebäude: Hörsaal II Understanding Choice, Hauptgebäude: Hörsaal XIII ES Invited Sessions 1 from 10:45 to 12:45 Business Cycles and Monetary Policy, Hörsaalgebäude: Hörsaal B Organisational Design, Hörsaalgebäude: Hörsaal A2 Dynamic Microeconomics and Policy, Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) Monetary and Macroprudential Policy Interactions (session organised by EEA and ECB) from 13:00 to 14:00 Chair: Isabel Schnabel (Bonn Graduate School of Economics). Panellists: Linda Goldberg (Senior Vice President, Federal Reserve Bank of New York), Enrique Mendoza (Director, Penn Institute for Economic Research, U. of Pennsylvania) and Peter Praet (Member of the Executive Board of the European Central Bank) A major lesson from the recent crisis is that the achievement of price-stability is not sufficient to ensure financial stability. At the same time, financial instability can have negative feedback effects for price stability. Recent proposals have aimed at strengthening macroeconomic stabilization policies in a way that recognizes these interactions. They include extending monetary policy frameworks to account for financial stability considerations or assigning separate objectives and instruments to different responsible institutions. This plenary panel session will bring together distinguished policy-makers and academics to discuss issues such as the appropriate institutional design of the monetary and macro-prudential policy frameworks, the effectiveness of each policy in curbing financial instability, and the scope for co-ordination of policies both within and across countries Innovative Models of Data Access for Researchers (organized by the Standing Committee on Research of the EEA) from 13:00 to 14:00 Chair: Estelle Cantillon (Université Libre de Bruxelles) Speakers: Pietro Garibaldi (University of Torino), Lorraine Dearden (IFS and University College London), Regina Riphahn (German Data Forum and University of Erlangen-Nürnberg) and Kjell Salvanes (Norwegian School of Economics) The panel will present recent developments and innovative mechanisms for researcher access to high quality administrative data in four different institutional contexts, and discuss the role of researchers in fostering improved access and building data-friendly infrastructure for research. EEA Contributed Sessions 3 from 14:15 to 16:00 Behavioural Game Theory , Seminargebäude: S01 Corporate Tax Evasion, Philosophikum: S65 Development: Political Economy, Philosophikum: S92 Dynamic Incentive Problems, Hörsaalgebäude: Hörsaal D Empirical Finance, Seminargebäude: S14 Empirical IO, Philosophikum: S83 Exchange Rate Pass Though and Law of One Price, Seminargebäude: S13 Financial Cycles and Global Capital Flows, Seminargebäude: S11 Gender and Politics, Hauptgebäude: Hörsaal VIIa Global Financial Cycle, Seminargebäude: S24 Innovation and Growth, Philosophikum: S55 Labour Economics: Demography and Gender II, Philosophikum: S73 Labour Economics: Programme Evaluation, Philosophikum: S67 Marriage Markets , Hauptgebäude: Hörsaal VIIb Monetary Policy at the Lower Bound I, Hauptgebäude: Hörsaal XVIII Networks, Hörsaalgebäude: Hörsaal G Over the Counter Market, Seminargebäude: S12 Peer Effects in Education and the Labour Market, Hauptgebäude: Hörsaal XIb Perspective on Financial Crises, Philosophikum: S54 Public Goods Provision, Philosophikum: S82 Volatility and Uncertainty in Open Economies, Seminargebäude: S15 Work Related Training and Vocational Education, Hauptgebäude: Hörsaal XIa ES Contributed Sessions 3 from 14:15 to 16:00 Family Policies , Seminargebäude: S21 Crime, Drugs, Corruption and Gambling, Philosophikum: S85 Spatial Macroeconomics, Philosophikum: S78 Trade, Innovation and Productivity, Seminargebäude: S26 Government and the Macroeconomy I, Philosophikum: S69 Monetary Economics, Financial Frictions and Uncertainty, Hörsaalgebäude: Hörsaal E Identification in SVAR and proxy-SVAR Models, Philosophikum: S66 Nonparametric and Semiparameteric Methods II, Seminargebäude: Tagungsraum Networks and Information, Philosophikum: S76 Collective Decision, Philosophikum: S63 Asset Pricing Theory, Philosophikum: S57 Political Economy: Social Connections, Philosophikum: S58 International Business Cycles and Relative Prices, Seminargebäude: S23 Contract Theory I, Seminargebäude: S25 Innovation, Seminargebäude: S22 Human Capital, Philosophikum: Hörsaal H 80 EEA Contributed Sessions 4 from 16:30 to 17:45 Bank Regulation I, Philosophikum: S83 Capital Flows and Instabilty, Seminargebäude: S01 Development: Credit and Savings I, Seminargebäude: S12 Economics of Migration, Philosophikum: S92 Effects of Retirement Systems, Hauptgebäude: Hörsaal XIb Financial Factors in Business Cycles I, Hauptgebäude: Hörsaal VIIa Health in Organisations, Philosophikum: S82 Information Design: Acquisition and Aggregation, Seminargebäude: S24 Institutions, Philosophikum: S67 Intrahousehold Decisions, Philosophikum: S65 Investment, Investment Finance and Regulation (EIB special contributed session), Seminargebäude: S15 Labour Economics: Labour Contracts and Markets II, Philosophikum: S54 Labour Economics: Workers, Philosophikum: S73 Monetary Policy and Communication II, Hauptgebäude: Hörsaal VIIb Oligopoly Pricing, Seminargebäude: S13 Real Effects of Liquidity, Philosophikum: S55 Taxation and Public Utilities, Seminargebäude: S14 Taxes and Transfers I, Hauptgebäude: Hörsaal XIa Topics in Education, Hauptgebäude: Hörsaal XVIII Trade Integration, Seminargebäude: S11 ES Contributed Sessions 4 from 16:30 to 17:45 Housing, Hörsaalgebäude: Hörsaal E Business Cycles, Seminargebäude: S26 Macroeconomics: Labour Markets and Search, Seminargebäude: S16 Search and Matching in Money and Asset Markets, Seminargebäude: S23 Econometric Issues in Factor Models, Seminargebäude: S25 Survey Forecasts and Uncertainty, Philosophikum: Hörsaal H 80 Treatment Effects, Seminargebäude: S22 Gender and Development, Seminargebäude: Tagungsraum Global Imbalances, Philosophikum: S58 Experimentation, Philosophikum: S57 Funding Shocks, Philosophikum: S63 Ambiguity Aversion and Collateral Constraints, Philosophikum: S78 Empirical Strategies in Demand Estimation, Philosophikum: S76 Advances in Games and Learning, Philosophikum: S69 Persuasion and Mechanism Design, Philosophikum: S66 ES Laffont Lecture from 18:00 to 19:15 Starting Ventures, Hörsaalgebäude: Hörsaal B EEA Poster Sessions 2 from 09:00 to 17:45 Poster Session II, Hörsaalgebäude, Ground Floor EEA Contributed Sessions 5 from 09:00 to 10:15 Asset Pricing II, Philosophikum: S54 Behavioural Responses to Retirement Pensions, Hauptgebäude: Hörsaal XVIII Currency Risk and Global Risk Sharing, Seminargebäude: S11 Development: Credit and Savings II, Seminargebäude: S14 Economic and Political Outcomes, Philosophikum: S55 Economics of the Firm I, Hauptgebäude: Hörsaal VIIb Financial Factors in Business Cycles II, Hörsaalgebäude: Hörsaal D Fundamental Issues in Climate Policy I, Seminargebäude: S12 Impacts of Immigration, Hauptgebäude: Hörsaal XIb Information Economics, Seminargebäude: S24 Investor Behaviour and the Stock Market I, Philosophikum: S82 Labour Economics: Policies, Philosophikum: S73 Legislative Politics, Philosophikum: S83 Macroeconomics of Ownership and Fertility, Seminargebäude: S15 Macroeconomics: Heterogenous Agents, Seminargebäude: S13 Macroprudential Policy, Philosophikum: S65 Monetary Policy and the Banking Sector, Hörsaalgebäude: Hörsaal G Student Enrollment, Hauptgebäude: Hörsaal XIa Tax Evasion, Philosophikum: S67 Taxes and Transfers II, Seminargebäude: S01 Work and Performance, Philosophikum: S92 ES Contributed Sessions 5 from 09:00 to 10:15 Economics of War, Philosophikum: S58 Immigration, Crime and Public Policies, Seminargebäude: S25 Human Capital and Growth, Hörsaalgebäude: Hörsaal E Firm Dynamics and Information, Seminargebäude: S22 Identification and Macroeconomic Policy Analysis, Seminargebäude: Tagungsraum Developments in Time Series, Seminargebäude: S16 Factor Models, Seminargebäude: S26 Nonstandard Testing Problems, Seminargebäude: S23 Knowledge and Beliefs, Philosophikum: Hörsaal H 80 Behavioural Decision Theory, Philosophikum: S85 Cooperation, Philosophikum: S66 Regulations, Philosophikum: S69 Rare Disasters, Philosophikum: S76 Sovereign Risk, Philosophikum: S63 Vertical Relationships, Philosophikum: S57 EEA Contributed Sessions 6 from 10:45 to 12:45 Agricultural Development and Quality of Life, Philosophikum: S82 Capital Taxation, Hörsaalgebäude: Hörsaal G Children's Health, Philosophikum: S73 Cooperation, Hauptgebäude: Hörsaal VIIa Development: Labour, Hauptgebäude: Hörsaal XVIII Development: Long Run Growth, Philosophikum: S67 Education and Household Outcomes, Philosophikum: S92 Environmental Decisions by Individual and Firms, Philosophikum: S83 Environmental Policy and Fiscal Policy, Philosophikum: S55 FDI Knowledge Transfer and Wage Premium, Seminargebäude: S12 Finance and Macroeconomics, Hörsaalgebäude: Hörsaal D Growth Fertility and Climate Change, Philosophikum: S54 History of Growth and Financial Capacity, Hauptgebäude: Hörsaal XVIIb History of State Capacity, Hauptgebäude: Hörsaal XIa Income Shocks and Consumption, Philosophikum: S65 Innovation and Patenting, Seminargebäude: S01 Interest Rate Dynamics, Seminargebäude: S14 Labour Economics: Income Distribution and Inequality, Seminargebäude: S15 Macroeconomic Forecasting, Seminargebäude: S24 Macroeconomics: Labour Markets, Seminargebäude: S11 Media, Information and Influence, Hauptgebäude: Hörsaal XIb Prosocial Behaviour and Image Concerns, Hauptgebäude: Hörsaal VIIb Risk and Beliefs, Hauptgebäude: Hörsaal XVIIa Unemployment, Health and Well-Being, Seminargebäude: S13 ES Contributed Sessions 6 from 10:45 to 12:45 Matching and Unemployment, Seminargebäude: S23 Insurance, Seminargebäude: S25 Wealth Inequality, Philosophikum: S78 Bond Default , Hörsaalgebäude: Hörsaal E The Econometrics of Structural Macro Models, Philosophikum: Hörsaal H 80 GMM and IV Methods, Seminargebäude: Tagungsraum Decision Theory, Seminargebäude: S22 Reveled Preferences, Seminargebäude: S16 Biased Beliefs, Seminargebäude: S26 Empirics of Trade Costs, Philosophikum: S85 Industry Studies, Philosophikum: S66 Mechanism Design II, Philosophikum: S69 Topics in Banking and Asset Management, Seminargebäude: S21 ES Lunch Session from 13:00 to 14:00 Replication and Credibility of Research , Hörsaalgebäude: Hörsaal B EEA Contributed Sessions 7 from 14:15 to 16:00 Asset Markets, Hörsaalgebäude: Hörsaal D Brexit Impact and Attitudes, Seminargebäude: S01 Business Cycles in Europe, Hauptgebäude: Hörsaal VIIb Corporate Finance, Philosophikum: S54 Development: Health, Seminargebäude: S15 Empirical Analysis of Job Search, Seminargebäude: S14 FinTech, Shadow Banks, New Lending Ways, Philosophikum: S73 Gender Disparities in Labour and Other Markets, Philosophikum: S82 Global Value Chains and Production Networks, Seminargebäude: S11 Household Credit, Philosophikum: S67 Inequality Insurance and Redistributions, Hauptgebäude: Hörsaal VIIa Information and Prices, Seminargebäude: S12 Information Design and Trade, Philosophikum: S83 Labour Economics: Technology, Seminargebäude: S24 Law and Economics, Philosophikum: S55 Macroeconomics: Consumption and Saving, Hauptgebäude: Hörsaal XIb Macroeconomics: Fiscal Policy I, Hörsaalgebäude: Hörsaal G Monetary Policy and Private Sector Balance Sheets, Hauptgebäude: Hörsaal XIa Permit Markets , Seminargebäude: S13 Social Choice and Mechanism Design, Philosophikum: S92 The Benefits of Education, Hauptgebäude: Hörsaal XVIII Unethical and Destructive Behaviours, Philosophikum: S65 ES Contributed Sessions 7 from 14:15 to 16:00 Networks, Externalities, and Development, Seminargebäude: S26 Books, Education and Skills, Seminargebäude: Tagungsraum Gender and the Labour Market, Seminargebäude: S25 Economics of Climate Change, Seminargebäude: S16 Misallocation and Industry Dynamics, Seminargebäude: S21 Asset Prices and Learning, Hörsaalgebäude: Hörsaal E Labour Market Risk and Reallocation over the Business Cycle, Philosophikum: Hörsaal H 80 Monetary Policy , Philosophikum: S78 New Forecasting Models and Methods , Seminargebäude: S22 Specification Testing, Seminargebäude: S23 Psychological Games, Hauptgebäude: Hörsaal V Market Design, Philosophikum: S85 General Equilibrium, Philosophikum: S66 Intermediary Asset Pricing and Systemic Risk, Philosophikum: S69 Political Economy: Voting, Philosophikum: S76 Exchange Rate Shocks, Philosophikum: S63 Contract Theory II, Philosophikum: S57 Principal Agent models, Philosophikum: S58 EEA Contributed Sessions 8 from 16:30 to 17:45 Aspects of Health Insurance, Hauptgebäude: Hörsaal XIa Bureaucracies: Theory and Evidence, Seminargebäude: S15 Business Cycle and the Labour Market, Hörsaalgebäude: Hörsaal D Capital Flows and Financial Integration, Seminargebäude: S12 Development: Other, Philosophikum: S83 Economics of the Firm II, Hauptgebäude: Hörsaal VIIa Financial Regulation I, Philosophikum: S82 Firms and Human Capital, Philosophikum: S73 Fundamental Issues in Climate Policy II, Philosophikum: S65 Household Savings with Heterogeneous Agents, Hörsaalgebäude: Hörsaal G Immigration and Its Political Effects, Seminargebäude: S13 Investor Behaviour and the Stock Market II, Philosophikum: S54 Labour Economics: Wages I, Philosophikum: S55 Local Labour Markets, Hauptgebäude: Hörsaal VIIb Macroeconomic Effects of Financial Frictions II, Seminargebäude: S01 Monetary Policy at the Lower Bound II, Seminargebäude: S24 Macroeconomics: Optimal Taxation, Seminargebäude: S11 Search Rigidities and the Macroeconomy, Philosophikum: S92 Tax Policy, Philosophikum: S67 Uncertainty and the Business Cycle, Seminargebäude: S14 Urban Public Economics, Hauptgebäude: Hörsaal XVIII ES Contributed Sessions 8 from 16:30 to 17:45 Health Economics, Seminargebäude: S23 Schooling and Labour Markets in Emerging and Developing Countries, Seminargebäude: S21 Labour Markets, Hörsaalgebäude: Hörsaal E Firm Dynamics, Seminargebäude: S22 Government and the Macroeconomy II, Seminargebäude: Tagungsraum Bayesian Methods in Finance, Seminargebäude: S25 Model Averaging and Mixture Models, Seminargebäude: S16 The Econometrics of Networks, Seminargebäude: S26 Rational Inattention, Philosophikum: S85 Cooperative and non-Cooperative Games, Philosophikum: S66 Frictions in Finance, Philosophikum: S69 Behavioural Asset Pricing, Philosophikum: S76 Competition and Trade Policies, Philosophikum: S63 IO and Productivity, Philosophikum: S57 Incentives and Competition, Philosophikum: S58 EEA Presidential Address from 18:00 to 19:15 Aspirations, Social Norms and Development, Hörsaalgebäude: Hörsaal B EEA Members' Meeting from 19:15 to 19:45 ES Fisher-Schultz Lecture from 09:00 to 10:15 Transparent Structural Estimation, Hörsaalgebäude: Hörsaal B EEA Invited Sessions 2 from 10:45 to 12:45 Behavioural Macroeconomics, Hörsaalgebäude: Hörsaal A1 Culture and Economics, Hörsaalgebäude: Hörsaal C Inequality and Tax Policy, Hauptgebäude: Hörsaal II The Economics of Management, Hauptgebäude: Hörsaal XIII ES Invited Sessions 2 from 10:45 to 12:45 Macroeconomics of Inequality, Hörsaalgebäude: Hörsaal B Family Economics, Hörsaalgebäude: Hörsaal A2 Economics of Research and Experimentation, Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) New Challenges, New Tools and New Objectives for Market Design and Public Policy (Local Arrangements Committee, University of Cologne) from 13:00 to 14:00 Chair: Axel Ockenfels (University of Cologne) Panellists: Sandro Ambuehl (University of Toronto), Peter Cramton (University of Cologne) and David Parkes (Harvard University). The lunch session is sponsored by the Reinhard Selten Institute of the universities of Bonn and Cologne. Recent advances in computer technology make new kinds of economic interaction and transactions feasible, and thus allow radical innovation in how markets are designed. But they also pose challenges such as privacy, ethical and equity concerns that may constrain the choice of market formats. We will describe some of the market innovations, and discuss new challenges, tools and objectives from economic, computational and behavioral perspectives. EEA Contributed Sessions 9 from 14:15 to 16:00 Competition and Innovation, Hauptgebäude: Hörsaal VIIa Corruption and Politics, Philosophikum: S54 Credit and the Macroeconomy, Philosophikum: S92 Development: Education, Seminargebäude: S14 Development: Well Being, Risks, and Insurance, Seminargebäude: S12 Evidence on Credit Markets, Seminargebäude: S15 Exchange Rates, Hörsaalgebäude: Hörsaal G Family Policies and Labour Supply, Philosophikum: S65 Finance, Housing and Retirement, Hauptgebäude: Hörsaal XVIII Gender and Ethnicity, Philosophikum: S73 International Capital Flows, Controls and Allocations, Hörsaalgebäude: Hörsaal D International Migration, Philosophikum: S82 Labour Markets and Economic Integration, Hauptgebäude: Hörsaal XIb Macroeconomics: Fiscal Policy II, Seminargebäude: S11 Media and Platforms , Hauptgebäude: Hörsaal VIIb Monetary Policy Design, Seminargebäude: S01 Monetary Policy: Empirics, Seminargebäude: S24 Political Economy of Public Policies, Philosophikum: S67 Student Achievement in School and College, Philosophikum: S55 Systemic Risk, Hauptgebäude: Hörsaal XIa Taxation and Housing with Heterogeneous Agents, Seminargebäude: S13 Unemployment and Labour Market Policies, Philosophikum: S83 ES Contributed Sessions 9 from 14:15 to 16:00 Firms, Hours Worked and Labour Demand, Seminargebäude: S23 Human Capital in Emerging and Developing Economies, Seminargebäude: S21 Energy, Oil and Environmental Economics, Seminargebäude: S26 Productivity Growth, Seminargebäude: Tagungsraum Communication and Monetary Policy, Philosophikum: S85 Survey Forecasts and their Macroeconomic Implications , Seminargebäude: S16 Predicting Stock Returns and Volatility, Hörsaalgebäude: Hörsaal E Financial Econometrics: Modelling Tail Behaviour, Seminargebäude: S22 Networks and Spatial Dependence, Seminargebäude: S25 Global Games, Philosophikum: S66 Networks: Interactions and Policy, Philosophikum: Hörsaal H 80 Trust, Corruption and Shadow Banking, Philosophikum: S69 New Approaches in Empirical Asset Pricing, Philosophikum: S76 Public Economics: Taxes and Transfers, Philosophikum: S63 Mechanism Design and Auctions, Philosophikum: S57 Mechanism Design III, Philosophikum: S58 Auctions, Philosophikum: S78 EEA Contributed Sessions 10 from 16:30 to 17:45 Bank Regulation II, Hauptgebäude: Hörsaal XVIII Behavioural IO Theory, Hörsaalgebäude: Hörsaal D Bounded Rationality and Model Uncertainty, Seminargebäude: S24 Economic and Political Institutions, Hauptgebäude: Hörsaal VIIb Financial Regulation II, Philosophikum: S92 Fiscal Policy II, Seminargebäude: S15 Health Information and Health Outcomes, Hauptgebäude: Hörsaal VIIa Housing Markets, Philosophikum: S67 Income Shocks and Consumption Smoothing, Philosophikum: S73 Inequality, Philosophikum: S65 Labor Economics: Wages II, Seminargebäude: S14 Monetary Policy and Inequality, Hörsaalgebäude: Hörsaal G Monetary Policy and the Labour Market, Seminargebäude: S11 Monetary Policy at the Lower Bound III, Seminargebäude: S01 Non-Tariff Barriers in International Trade, Philosophikum: S54 Political Economy of Environment, Philosophikum: S83 Political Institutions II, Hauptgebäude: Hörsaal XIa Retail Finance and Household Behaviour, Philosophikum: S55 Technological Change and Employment, Seminargebäude: S13 Trade Cost Effects: Tariffs, Transport & Trust, Philosophikum: S82 Urban Economics and Public Policies, Seminargebäude: S12 ES Contributed Sessions 10 from 16:30 to 17:45 Political Economy and Institutions in Emerging and Developing Countries, Seminargebäude: Tagungsraum Subjective Expectations, Philosophikum: S78 Trends in Female Labour Supply, Hörsaalgebäude: Hörsaal E Capital Markets, Seminargebäude: S26 Uncertainty and Business Cycles, Seminargebäude: S25 The Econometrics of Forecast Evaluation , Seminargebäude: S22 Nonlinear and Spatial Panel Data Models, Seminargebäude: S16 Instrumental Variables, Seminargebäude: S23 Bounded Rationality, Philosophikum: S85 Political Economy: Globalisation, Philosophikum: S66 Capital Controls, Philosophikum: S69 Behavioural IO, Philosophikum: Hörsaal H 80 Persuasion and Info Design, Seminargebäude: S21 Information Economics, Philosophikum: S76 Executive Compensation, Philosophikum: S63 EEA Marshall Lecture from 18:00 to 19:15 Models of Consumer Choice in Panels with Applications to Mobile Location Data, Hörsaalgebäude: Hörsaal B How to Survive the Economics Job Market - Strategies and Advice for Young Economists. from 09:00 to 10:30 Organiser: European Association of Young Economists (EAYE). The junior academic job market is a key element for young Economists and continuously evolving. In Europe preparation and knowledge about the US and the European job market varies substantially between universities and gets more and more confusing. The topic of how to survive in the academic job market is complex and job candidates face high time costs to independently compile information from the many published papers. In addition, many practical details of the job search have never been published. The aim of this panel is to provide different insights on the academic job market offered by experienced senior economists form the preparation and hiring side and from recent job market candidates. Moderators: Anna Maria Koukal (Fribourg) and Alessandro Saia (Lausanne) Speakers: Pietro Biroli (Zurich), Kalina Manova (UCL), Marco Ottaviani (Bocconi) and Donghai Zhang (Bonn) #WhatEconomistsReallyDo from 09:00 to 10:30 A workshop on communicating economics beyond the research community The insights and evidence from economic research are needed now more than ever in public policy debates across Europe – and yet the discipline is frequently under attack in the media, mischaracterised as being dominated by faith in free markets, other worldly macroeconomic modelling and/or unnecessarily complex mathematics. This workshop will explore the role of economists in society – and how we can communicate #WhatEconomistsReallyDo more effectively to a wide range of potential audiences. The workshop will feature contributions from both economic journalists and economists with a good track record of communicating economics beyond the research community. It will be led by Romesh Vaitilingam, who has great deal of experience of thinking strategically about how to package research findings and research-based policy analysis and commentary, when to release it, which audiences to target – including policy-makers, the private sector, the media, school students and the general public – and how to respond to ‘real world’ opportunities to intervene in public debates. Romesh will be joined by Arun Advani, University of Warwick. To register, please write to congress@eeassoc.org. ERC Grant Proposal Writing from 11:00 to 13:00 This session offers a mentoring and training workshop for ERC grant preparation. The session will start with a panel discussion on the ins and outs of ERC grant preparation, with the viewpoints of the ERC as well as recent successful ERC applicants. This will be followed by a hands-on session where potential applicants have the opportunity to discuss their application and strategy with recent ERC recipients, individually or in small groups. Panel Discussion Adriana Cristoiu (ERC, Research Programme Officer, Co-ordinator of SH1 Panels) Caterina Calsamiglia (Institute of Political Economy and Governance) Marco Ottaviani ( Bocconi University ), Panel Chair Small Group Sessions Christian Bayer (University of Bonn) Caterina Calsamiglia (Institute of Political Economy and Governance) Estelle Cantillon (Université libre de Bruxelles) Nezih Guner (CEMFI) Katrine Løken (Norwegian School of Economics) Silvana Tenreyro (LSE) Workshop: Getting Data from the Web: Scraping for Economists from 11:00 to 14:00 Chair: Miklos Koren (CEU) Instructors: Eric Persson (European Central Bank) This is a self-contained, hands-on, workshop intended to teach the basics of web scraping for researchers. We will cover the typical data and data structures contained on webpages, and the typical constraints put on their access and how to circumvent them. We will then learn how to code a web scraper to retrieve data from the web and run it during the workshop. Basic prior knowledge of R is useful but links to such resources will be sent to registered participants prior to the event. To register, please write to congress@eeassoc.org. A light lunch will be served to participants after the session. This event is organized by the EEA Standing Committee on Research as part of their agenda to foster the use of high quality, innovative data by researchers in economics Summary of All Sessions # Session Title, Date/Time Number of papers, type of session, Location ----------------------------------------------------------------------------------------------------------------------------------------- 1 Is Europe an Optimal Political Union? August 27, 2018 12:30-13:45 location: Hörsaalgebäude: Hörsaal C 1 papers EEA
invited session 2 Credit August 27, 2018 14:15-16:00 location: Philosophikum: S73 4 papers EEA
contributed session 3 Development: Firms August 27, 2018 14:15-16:00 location: Philosophikum: S54 4 papers EEA
contributed session 4 Econometrics I August 27, 2018 14:15-16:00 location: Philosophikum: S83 4 papers EEA
contributed session 5 Econometrics II August 27, 2018 14:15-16:00 location: Philosophikum: S55 3 papers EEA
contributed session 6 Empirical Economic Geography August 27, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIa 4 papers EEA
contributed session 7 Evaluating Political Institutions August 27, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIa 4 papers EEA
contributed session 8 Exchange Rate Puzzles and Behavioural Explanations August 27, 2018 14:15-16:00 location: Seminargebäude: S12 4 papers EEA
contributed session 9 Experimental Labour Economics and Contracts August 27, 2018 14:15-16:00 location: Philosophikum: S82 4 papers EEA
contributed session 10 Gender Biases in Politics August 27, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIb 4 papers EEA
contributed session 11 Global Financial Markets August 27, 2018 14:15-16:00 location: Philosophikum: S65 4 papers EEA
contributed session 12 Housing and the Macroeconomy August 27, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal D 4 papers EEA
contributed session 13 Inflation August 27, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal G 4 papers EEA
contributed session 14 Information August 27, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XVIII 4 papers EEA
contributed session 15 Integration of Immigrants and Ethnic Discrimination August 27, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIb 4 papers EEA
contributed session 16 Labour Economics: Demography and Gender I August 27, 2018 14:15-16:00 location: Seminargebäude: S15 4 papers EEA
contributed session 17 Labour Supply August 27, 2018 14:15-16:00 location: Seminargebäude: S13 4 papers EEA
contributed session 18 Long Run Growth August 27, 2018 14:15-16:00 location: Seminargebäude: S24 4 papers EEA
contributed session 19 Macroprudencial Policy and Portfolio Balancing August 27, 2018 14:15-16:00 location: Seminargebäude: S14 4 papers EEA
contributed session 20 Monetary Policy and Banks August 27, 2018 14:15-16:00 location: Philosophikum: S92 4 papers EEA
contributed session 21 Optimal Taxation August 27, 2018 14:15-16:00 location: Philosophikum: S67 3 papers EEA
contributed session 22 Productivity August 27, 2018 14:15-16:00 location: Seminargebäude: S11 4 papers EEA
contributed session 23 Incentives in Education August 27, 2018 14:15-16:00 location: Seminargebäude: S23 4 papers ES
contributed session 24 Labour Market Mobility August 27, 2018 14:15-16:00 location: Seminargebäude: S25 4 papers ES
contributed session 25 Growth, Innovation and Firm Dynamics August 27, 2018 14:15-16:00 location: Seminargebäude: S01 3 papers ES
contributed session 26 Investment, Production and Cycles August 27, 2018 14:15-16:00 location: Seminargebäude: S16 3 papers ES
contributed session 27 Monetary Economics and Price Rigidities August 27, 2018 14:15-16:00 location: Seminargebäude: S21 4 papers ES
contributed session 28 Developments in Financial Econometrics August 27, 2018 14:15-16:00 location: Seminargebäude: S26 4 papers ES
contributed session 29 Nonparametric and Semiparametric Methods I August 27, 2018 14:15-16:00 location: Seminargebäude: S22 4 papers ES
contributed session 30 Factor Models of Large Dimensions August 27, 2018 14:15-16:00 location: Seminargebäude: Tagungsraum 4 papers ES
contributed session 31 Panel Data Models with Interactive Effects August 27, 2018 14:15-16:00 location: Philosophikum: S85 4 papers ES
contributed session 32 Matching Markets August 27, 2018 14:15-16:00 location: Philosophikum: S78 4 papers ES
contributed session 33 Behavioural Game Theory and Experiments August 27, 2018 14:15-16:00 location: Philosophikum: S66 4 papers ES
contributed session 34 Household Finance and Option Grants August 27, 2018 14:15-16:00 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 35 Political Economy: Fiscal Policy August 27, 2018 14:15-16:00 location: Philosophikum: S69 4 papers ES
contributed session 36 Sorting, Matching and Frictions in Trade August 27, 2018 14:15-16:00 location: Philosophikum: S76 3 papers ES
contributed session 37 Pricing Strategies August 27, 2018 14:15-16:00 location: Philosophikum: S63 4 papers ES
contributed session 38 Cheap talk, Information and Learning August 27, 2018 14:15-16:00 location: Philosophikum: S57 4 papers ES
contributed session 39 Mechanism Design I August 27, 2018 14:15-16:00 location: Philosophikum: S58 3 papers ES
contributed session 40 Repeated Games and Cooperation August 27, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal F 4 papers ES
contributed session 41 Learning August 27, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal E 4 papers ES
contributed session 42 Applied Macroeconometrics August 27, 2018 16:30-17:45 location: Seminargebäude: S14 3 papers EEA
contributed session 43 Asset Pricing I August 27, 2018 16:30-17:45 location: Philosophikum: S55 3 papers EEA
contributed session 44 Contract Theory: Dynamics August 27, 2018 16:30-17:45 location: Philosophikum: S83 3 papers EEA
contributed session 45 Development: Rural Issues August 27, 2018 16:30-17:45 location: Philosophikum: S92 2 papers EEA
contributed session 46 Enlarging the Policy Space August 27, 2018 16:30-17:45 location: Philosophikum: S73 3 papers EEA
contributed session 47 Firm Competition and Export Dynamics August 27, 2018 16:30-17:45 location: Seminargebäude: S11 3 papers EEA
contributed session 48 Firms and Credit August 27, 2018 16:30-17:45 location: Philosophikum: S54 3 papers EEA
contributed session 49 Fiscal Policy I August 27, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal D 3 papers EEA
contributed session 50 Growth and Labour Supply August 27, 2018 16:30-17:45 location: Seminargebäude: S24 3 papers EEA
contributed session 51 Health August 27, 2018 16:30-17:45 location: Philosophikum: S65 3 papers EEA
contributed session 52 Individual and Household Behaviour August 27, 2018 16:30-17:45 location: Philosophikum: S82 3 papers EEA
contributed session 53 Labour Economics: Labour Contracts and Markets I August 27, 2018 16:30-17:45 location: Philosophikum: S67 2 papers EEA
contributed session 54 Macroeconomic Effects of Financial Frictions I August 27, 2018 16:30-17:45 location: Seminargebäude: S12 3 papers EEA
contributed session 55 Migration and Human Capital August 27, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XVIII 3 papers EEA
contributed session 56 Monetary Policy and Communication I August 27, 2018 16:30-17:45 location: Seminargebäude: S01 3 papers EEA
contributed session 57 New Approaches to Business Cycles August 27, 2018 16:30-17:45 location: Seminargebäude: S15 3 papers EEA
contributed session 58 Optimal Earnings Taxation August 27, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal G 3 papers EEA
contributed session 59 Political Institutions I August 27, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIb 3 papers EEA
contributed session 60 Product and Labour Market Dynamics August 27, 2018 16:30-17:45 location: Seminargebäude: S13 3 papers EEA
contributed session 61 Terror and Crime August 27, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIa 3 papers EEA
contributed session 62 Social Mobility, Language and Peer Effects August 27, 2018 16:30-17:45 location: Philosophikum: S85 3 papers ES
contributed session 63 Consumption, Investment, and Intra-Household Allocation of Resources in Developing Countries August 27, 2018 16:30-17:45 location: Philosophikum: S63 1 papers ES
contributed session 64 Housing Market August 27, 2018 16:30-17:45 location: Philosophikum: S76 3 papers ES
contributed session 65 The Labour Share and the Business Cycle August 27, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal E 1 papers ES
contributed session 66 New Measurements in Empirical Macro August 27, 2018 16:30-17:45 location: Philosophikum: S66 3 papers ES
contributed session 67 Programme Evaluation August 27, 2018 16:30-17:45 location: Philosophikum: S69 3 papers ES
contributed session 68 Identification August 27, 2018 16:30-17:45 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 69 Preference Discovery August 27, 2018 16:30-17:45 location: Seminargebäude: Tagungsraum 3 papers ES
contributed session 70 Social Networks August 27, 2018 16:30-17:45 location: Seminargebäude: S21 3 papers ES
contributed session 71 Search and Matching August 27, 2018 16:30-17:45 location: Philosophikum: S78 3 papers ES
contributed session 72 Banks and Liquidity Management August 27, 2018 16:30-17:45 location: Philosophikum: S57 3 papers ES
contributed session 73 Empirical Asset Pricing August 27, 2018 16:30-17:45 location: Philosophikum: S58 3 papers ES
contributed session 74 Theory of Industrial Organisation August 27, 2018 16:30-17:45 location: Seminargebäude: S23 2 papers ES
contributed session 75 Public Economics: Healthcare August 27, 2018 16:30-17:45 location: Seminargebäude: S25 3 papers ES
contributed session 76 State Capacity, Reciprocity, and the Social Contract August 27, 2018 18:00-19:15 location: Hörsaalgebäude: Hörsaal B 0 papers ES
invited session 77 Poster Session I August 28, 2018 9:00-17:45 location: Hörsaalgebäude, Ground Floor 5 papers EEA
contributed session 78 Sharing a Government August 28, 2018 9:00-10:15 location: Hörsaalgebäude: Hörsaal B 1 papers EEA
plenary session 79 Economics of Online Media August 28, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal C 3 papers EEA
invited session 80 Housing Markets and the Macroeconomy August 28, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal A1 3 papers EEA
invited session 81 Production Networks August 28, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal II 3 papers EEA
invited session 82 Understanding Choice August 28, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XIII 3 papers EEA
invited session 83 Business Cycles and Monetary Policy August 28, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal B 2 papers ES
invited session 84 Organisational Design August 28, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal A2 2 papers ES
invited session 85 Dynamic Microeconomics and Policy August 28, 2018 10:45-12:45 location: Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) 2 papers ES
invited session 86 Behavioural Game Theory August 28, 2018 14:15-16:00 location: Seminargebäude: S01 4 papers EEA
contributed session 87 Corporate Tax Evasion August 28, 2018 14:15-16:00 location: Philosophikum: S65 4 papers EEA
contributed session 88 Development: Political Economy August 28, 2018 14:15-16:00 location: Philosophikum: S92 4 papers EEA
contributed session 89 Dynamic Incentive Problems August 28, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal D 4 papers EEA
contributed session 90 Empirical Finance August 28, 2018 14:15-16:00 location: Seminargebäude: S14 4 papers EEA
contributed session 91 Empirical IO August 28, 2018 14:15-16:00 location: Philosophikum: S83 4 papers EEA
contributed session 92 Exchange Rate Pass Though and Law of One Price August 28, 2018 14:15-16:00 location: Seminargebäude: S13 4 papers EEA
contributed session 93 Financial Cycles and Global Capital Flows August 28, 2018 14:15-16:00 location: Seminargebäude: S11 4 papers EEA
contributed session 94 Gender and Politics August 28, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIa 4 papers EEA
contributed session 95 Global Financial Cycle August 28, 2018 14:15-16:00 location: Seminargebäude: S24 4 papers EEA
contributed session 96 Innovation and Growth August 28, 2018 14:15-16:00 location: Philosophikum: S55 4 papers EEA
contributed session 97 Labour Economics: Demography and Gender II August 28, 2018 14:15-16:00 location: Philosophikum: S73 4 papers EEA
contributed session 98 Labour Economics: Programme Evaluation August 28, 2018 14:15-16:00 location: Philosophikum: S67 3 papers EEA
contributed session 99 Marriage Markets August 28, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIb 4 papers EEA
contributed session 100 Monetary Policy at the Lower Bound I August 28, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XVIII 4 papers EEA
contributed session 101 Networks August 28, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal G 4 papers EEA
contributed session 102 Over the Counter Market August 28, 2018 14:15-16:00 location: Seminargebäude: S12 4 papers EEA
contributed session 103 Peer Effects in Education and the Labour Market August 28, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIb 4 papers EEA
contributed session 104 Perspective on Financial Crises August 28, 2018 14:15-16:00 location: Philosophikum: S54 4 papers EEA
contributed session 105 Public Goods Provision August 28, 2018 14:15-16:00 location: Philosophikum: S82 4 papers EEA
contributed session 106 Volatility and Uncertainty in Open Economies August 28, 2018 14:15-16:00 location: Seminargebäude: S15 4 papers EEA
contributed session 107 Work Related Training and Vocational Education August 28, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIa 4 papers EEA
contributed session 108 Family Policies August 28, 2018 14:15-16:00 location: Seminargebäude: S21 4 papers ES
contributed session 109 Crime, Drugs, Corruption and Gambling August 28, 2018 14:15-16:00 location: Philosophikum: S85 4 papers ES
contributed session 110 Spatial Macroeconomics August 28, 2018 14:15-16:00 location: Philosophikum: S78 3 papers ES
contributed session 111 Trade, Innovation and Productivity August 28, 2018 14:15-16:00 location: Seminargebäude: S26 4 papers ES
contributed session 112 Government and the Macroeconomy I August 28, 2018 14:15-16:00 location: Philosophikum: S69 3 papers ES
contributed session 113 Monetary Economics, Financial Frictions and Uncertainty August 28, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal E 4 papers ES
contributed session 114 Identification in SVAR and proxy-SVAR Models August 28, 2018 14:15-16:00 location: Philosophikum: S66 4 papers ES
contributed session 115 Nonparametric and Semiparameteric Methods II August 28, 2018 14:15-16:00 location: Seminargebäude: Tagungsraum 4 papers ES
contributed session 116 Networks and Information August 28, 2018 14:15-16:00 location: Philosophikum: S76 3 papers ES
contributed session 117 Collective Decision August 28, 2018 14:15-16:00 location: Philosophikum: S63 4 papers ES
contributed session 118 Asset Pricing Theory August 28, 2018 14:15-16:00 location: Philosophikum: S57 4 papers ES
contributed session 119 Political Economy: Social Connections August 28, 2018 14:15-16:00 location: Philosophikum: S58 4 papers ES
contributed session 120 International Business Cycles and Relative Prices August 28, 2018 14:15-16:00 location: Seminargebäude: S23 4 papers ES
contributed session 121 Contract Theory I August 28, 2018 14:15-16:00 location: Seminargebäude: S25 3 papers ES
contributed session 122 Innovation August 28, 2018 14:15-16:00 location: Seminargebäude: S22 3 papers ES
contributed session 123 Human Capital August 28, 2018 14:15-16:00 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 124 Bank Regulation I August 28, 2018 16:30-17:45 location: Philosophikum: S83 2 papers EEA
contributed session 125 Capital Flows and Instabilty August 28, 2018 16:30-17:45 location: Seminargebäude: S01 3 papers EEA
contributed session 126 Development: Credit and Savings I August 28, 2018 16:30-17:45 location: Seminargebäude: S12 3 papers EEA
contributed session 127 Economics of Migration August 28, 2018 16:30-17:45 location: Philosophikum: S92 3 papers EEA
contributed session 128 Effects of Retirement Systems August 28, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XIb 3 papers EEA
contributed session 129 Financial Factors in Business Cycles I August 28, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIa 3 papers EEA
contributed session 130 Health in Organisations August 28, 2018 16:30-17:45 location: Philosophikum: S82 3 papers EEA
contributed session 131 Information Design: Acquisition and Aggregation August 28, 2018 16:30-17:45 location: Seminargebäude: S24 3 papers EEA
contributed session 132 Institutions August 28, 2018 16:30-17:45 location: Philosophikum: S67 2 papers EEA
contributed session 133 Intrahousehold Decisions August 28, 2018 16:30-17:45 location: Philosophikum: S65 3 papers EEA
contributed session 134 Investment, Investment Finance and Regulation (EIB special contributed session) August 28, 2018 16:30-17:45 location: Seminargebäude: S15 3 papers EEA
contributed session 135 Labour Economics: Labour Contracts and Markets II August 28, 2018 16:30-17:45 location: Philosophikum: S54 3 papers EEA
contributed session 136 Labour Economics: Workers August 28, 2018 16:30-17:45 location: Philosophikum: S73 3 papers EEA
contributed session 137 Monetary Policy and Communication II August 28, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIb 3 papers EEA
contributed session 138 Oligopoly Pricing August 28, 2018 16:30-17:45 location: Seminargebäude: S13 2 papers EEA
contributed session 139 Real Effects of Liquidity August 28, 2018 16:30-17:45 location: Philosophikum: S55 3 papers EEA
contributed session 140 Taxation and Public Utilities August 28, 2018 16:30-17:45 location: Seminargebäude: S14 3 papers EEA
contributed session 141 Taxes and Transfers I August 28, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XIa 3 papers EEA
contributed session 142 Topics in Education August 28, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XVIII 3 papers EEA
contributed session 143 Trade Integration August 28, 2018 16:30-17:45 location: Seminargebäude: S11 3 papers EEA
contributed session 144 Housing August 28, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal E 3 papers ES
contributed session 145 Business Cycles August 28, 2018 16:30-17:45 location: Seminargebäude: S26 3 papers ES
contributed session 146 Macroeconomics: Labour Markets and Search August 28, 2018 16:30-17:45 location: Seminargebäude: S16 3 papers ES
contributed session 147 Search and Matching in Money and Asset Markets August 28, 2018 16:30-17:45 location: Seminargebäude: S23 3 papers ES
contributed session 148 Econometric Issues in Factor Models August 28, 2018 16:30-17:45 location: Seminargebäude: S25 3 papers ES
contributed session 149 Survey Forecasts and Uncertainty August 28, 2018 16:30-17:45 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 150 Treatment Effects August 28, 2018 16:30-17:45 location: Seminargebäude: S22 3 papers ES
contributed session 151 Gender and Development August 28, 2018 16:30-17:45 location: Seminargebäude: Tagungsraum 3 papers ES
contributed session 152 Global Imbalances August 28, 2018 16:30-17:45 location: Philosophikum: S58 3 papers ES
contributed session 153 Experimentation August 28, 2018 16:30-17:45 location: Philosophikum: S57 3 papers ES
contributed session 154 Funding Shocks August 28, 2018 16:30-17:45 location: Philosophikum: S63 3 papers ES
contributed session 155 Ambiguity Aversion and Collateral Constraints August 28, 2018 16:30-17:45 location: Philosophikum: S78 3 papers ES
contributed session 156 Empirical Strategies in Demand Estimation August 28, 2018 16:30-17:45 location: Philosophikum: S76 3 papers ES
contributed session 157 Advances in Games and Learning August 28, 2018 16:30-17:45 location: Philosophikum: S69 3 papers ES
contributed session 158 Persuasion and Mechanism Design August 28, 2018 16:30-17:45 location: Philosophikum: S66 3 papers ES
contributed session 159 Starting Ventures August 28, 2018 18:00-19:15 location: Hörsaalgebäude: Hörsaal B 1 papers plenary session 160 Poster Session II August 29, 2018 9:00-17:45 location: Hörsaalgebäude, Ground Floor 5 papers EEA
contributed session 161 Asset Pricing II August 29, 2018 9:00-10:15 location: Philosophikum: S54 3 papers EEA
contributed session 162 Behavioural Responses to Retirement Pensions August 29, 2018 9:00-10:15 location: Hauptgebäude: Hörsaal XVIII 3 papers EEA
contributed session 163 Currency Risk and Global Risk Sharing August 29, 2018 9:00-10:15 location: Seminargebäude: S11 3 papers EEA
contributed session 164 Development: Credit and Savings II August 29, 2018 9:00-10:15 location: Seminargebäude: S14 4 papers EEA
contributed session 165 Economic and Political Outcomes August 29, 2018 9:00-10:15 location: Philosophikum: S55 3 papers EEA
contributed session 166 Economics of the Firm I August 29, 2018 9:00-10:15 location: Hauptgebäude: Hörsaal VIIb 3 papers EEA
contributed session 167 Financial Factors in Business Cycles II August 29, 2018 9:00-10:15 location: Hörsaalgebäude: Hörsaal D 3 papers EEA
contributed session 168 Fundamental Issues in Climate Policy I August 29, 2018 9:00-10:15 location: Seminargebäude: S12 3 papers EEA
contributed session 169 Impacts of Immigration August 29, 2018 9:00-10:15 location: Hauptgebäude: Hörsaal XIb 3 papers EEA
contributed session 170 Information Economics August 29, 2018 9:00-10:15 location: Seminargebäude: S24 3 papers EEA
contributed session 171 Investor Behaviour and the Stock Market I August 29, 2018 9:00-10:15 location: Philosophikum: S82 2 papers EEA
contributed session 172 Labour Economics: Policies August 29, 2018 9:00-10:15 location: Philosophikum: S73 2 papers EEA
contributed session 173 Legislative Politics August 29, 2018 9:00-10:15 location: Philosophikum: S83 3 papers EEA
contributed session 174 Macroeconomics of Ownership and Fertility August 29, 2018 9:00-10:15 location: Seminargebäude: S15 3 papers EEA
contributed session 175 Macroeconomics: Heterogenous Agents August 29, 2018 9:00-10:15 location: Seminargebäude: S13 3 papers EEA
contributed session 176 Macroprudential Policy August 29, 2018 9:00-10:15 location: Philosophikum: S65 3 papers EEA
contributed session 177 Monetary Policy and the Banking Sector August 29, 2018 9:00-10:15 location: Hörsaalgebäude: Hörsaal G 3 papers EEA
contributed session 178 Student Enrollment August 29, 2018 9:00-10:15 location: Hauptgebäude: Hörsaal XIa 3 papers EEA
contributed session 179 Tax Evasion August 29, 2018 9:00-10:15 location: Philosophikum: S67 3 papers EEA
contributed session 180 Taxes and Transfers II August 29, 2018 9:00-10:15 location: Seminargebäude: S01 3 papers EEA
contributed session 181 Work and Performance August 29, 2018 9:00-10:15 location: Philosophikum: S92 3 papers EEA
contributed session 182 Economics of War August 29, 2018 9:00-10:15 location: Philosophikum: S58 3 papers ES
contributed session 183 Immigration, Crime and Public Policies August 29, 2018 9:00-10:15 location: Seminargebäude: S25 3 papers ES
contributed session 184 Human Capital and Growth August 29, 2018 9:00-10:15 location: Hörsaalgebäude: Hörsaal E 3 papers ES
contributed session 185 Firm Dynamics and Information August 29, 2018 9:00-10:15 location: Seminargebäude: S22 3 papers ES
contributed session 186 Identification and Macroeconomic Policy Analysis August 29, 2018 9:00-10:15 location: Seminargebäude: Tagungsraum 3 papers ES
contributed session 187 Developments in Time Series August 29, 2018 9:00-10:15 location: Seminargebäude: S16 3 papers ES
contributed session 188 Factor Models August 29, 2018 9:00-10:15 location: Seminargebäude: S26 3 papers ES
contributed session 189 Nonstandard Testing Problems August 29, 2018 9:00-10:15 location: Seminargebäude: S23 3 papers ES
contributed session 190 Knowledge and Beliefs August 29, 2018 9:00-10:15 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 191 Behavioural Decision Theory August 29, 2018 9:00-10:15 location: Philosophikum: S85 3 papers ES
contributed session 192 Cooperation August 29, 2018 9:00-10:15 location: Philosophikum: S66 2 papers ES
contributed session 193 Regulations August 29, 2018 9:00-10:15 location: Philosophikum: S69 2 papers ES
contributed session 194 Rare Disasters August 29, 2018 9:00-10:15 location: Philosophikum: S76 3 papers ES
contributed session 195 Sovereign Risk August 29, 2018 9:00-10:15 location: Philosophikum: S63 2 papers ES
contributed session 196 Vertical Relationships August 29, 2018 9:00-10:15 location: Philosophikum: S57 3 papers ES
contributed session 197 Agricultural Development and Quality of Life August 29, 2018 10:45-12:45 location: Philosophikum: S82 5 papers EEA
contributed session 198 Capital Taxation August 29, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal G 5 papers EEA
contributed session 199 Children's Health August 29, 2018 10:45-12:45 location: Philosophikum: S73 5 papers EEA
contributed session 200 Cooperation August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal VIIa 5 papers EEA
contributed session 201 Development: Labour August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XVIII 5 papers EEA
contributed session 202 Development: Long Run Growth August 29, 2018 10:45-12:45 location: Philosophikum: S67 5 papers EEA
contributed session 203 Education and Household Outcomes August 29, 2018 10:45-12:45 location: Philosophikum: S92 5 papers EEA
contributed session 204 Environmental Decisions by Individual and Firms August 29, 2018 10:45-12:45 location: Philosophikum: S83 5 papers EEA
contributed session 205 Environmental Policy and Fiscal Policy August 29, 2018 10:45-12:45 location: Philosophikum: S55 5 papers EEA
contributed session 206 FDI Knowledge Transfer and Wage Premium August 29, 2018 10:45-12:45 location: Seminargebäude: S12 5 papers EEA
contributed session 207 Finance and Macroeconomics August 29, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal D 5 papers EEA
contributed session 208 Growth Fertility and Climate Change August 29, 2018 10:45-12:45 location: Philosophikum: S54 5 papers EEA
contributed session 209 History of Growth and Financial Capacity August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XVIIb 3 papers EEA
contributed session 210 History of State Capacity August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XIa 5 papers EEA
contributed session 211 Income Shocks and Consumption August 29, 2018 10:45-12:45 location: Philosophikum: S65 5 papers EEA
contributed session 212 Innovation and Patenting August 29, 2018 10:45-12:45 location: Seminargebäude: S01 5 papers EEA
contributed session 213 Interest Rate Dynamics August 29, 2018 10:45-12:45 location: Seminargebäude: S14 5 papers EEA
contributed session 214 Labour Economics: Income Distribution and Inequality August 29, 2018 10:45-12:45 location: Seminargebäude: S15 5 papers EEA
contributed session 215 Macroeconomic Forecasting August 29, 2018 10:45-12:45 location: Seminargebäude: S24 5 papers EEA
contributed session 216 Macroeconomics: Labour Markets August 29, 2018 10:45-12:45 location: Seminargebäude: S11 5 papers EEA
contributed session 217 Media, Information and Influence August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XIb 5 papers EEA
contributed session 218 Prosocial Behaviour and Image Concerns August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal VIIb 5 papers EEA
contributed session 219 Risk and Beliefs August 29, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XVIIa 5 papers EEA
contributed session 220 Unemployment, Health and Well-Being August 29, 2018 10:45-12:45 location: Seminargebäude: S13 4 papers EEA
contributed session 221 Matching and Unemployment August 29, 2018 10:45-12:45 location: Seminargebäude: S23 5 papers ES
contributed session 222 Insurance August 29, 2018 10:45-12:45 location: Seminargebäude: S25 4 papers ES
contributed session 223 Wealth Inequality August 29, 2018 10:45-12:45 location: Philosophikum: S78 5 papers ES
contributed session 224 Bond Default August 29, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal E 5 papers ES
contributed session 225 The Econometrics of Structural Macro Models August 29, 2018 10:45-12:45 location: Philosophikum: Hörsaal H 80 4 papers ES
contributed session 226 GMM and IV Methods August 29, 2018 10:45-12:45 location: Seminargebäude: Tagungsraum 4 papers ES
contributed session 227 Decision Theory August 29, 2018 10:45-12:45 location: Seminargebäude: S22 5 papers ES
contributed session 228 Reveled Preferences August 29, 2018 10:45-12:45 location: Seminargebäude: S16 4 papers ES
contributed session 229 Biased Beliefs August 29, 2018 10:45-12:45 location: Seminargebäude: S26 5 papers ES
contributed session 230 Empirics of Trade Costs August 29, 2018 10:45-12:45 location: Philosophikum: S85 4 papers ES
contributed session 231 Industry Studies August 29, 2018 10:45-12:45 location: Philosophikum: S66 5 papers ES
contributed session 232 Mechanism Design II August 29, 2018 10:45-12:45 location: Philosophikum: S69 4 papers ES
contributed session 233 Topics in Banking and Asset Management August 29, 2018 10:45-12:45 location: Seminargebäude: S21 5 papers ES
contributed session 234 Replication and Credibility of Research August 29, 2018 13:00-14:00 location: Hörsaalgebäude: Hörsaal B 0 papers plenary session 235 Asset Markets August 29, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal D 4 papers EEA
contributed session 236 Brexit Impact and Attitudes August 29, 2018 14:15-16:00 location: Seminargebäude: S01 4 papers EEA
contributed session 237 Business Cycles in Europe August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIb 4 papers EEA
contributed session 238 Corporate Finance August 29, 2018 14:15-16:00 location: Philosophikum: S54 4 papers EEA
contributed session 239 Development: Health August 29, 2018 14:15-16:00 location: Seminargebäude: S15 4 papers EEA
contributed session 240 Empirical Analysis of Job Search August 29, 2018 14:15-16:00 location: Seminargebäude: S14 4 papers EEA
contributed session 241 FinTech, Shadow Banks, New Lending Ways August 29, 2018 14:15-16:00 location: Philosophikum: S73 3 papers EEA
contributed session 242 Gender Disparities in Labour and Other Markets August 29, 2018 14:15-16:00 location: Philosophikum: S82 4 papers EEA
contributed session 243 Global Value Chains and Production Networks August 29, 2018 14:15-16:00 location: Seminargebäude: S11 4 papers EEA
contributed session 244 Household Credit August 29, 2018 14:15-16:00 location: Philosophikum: S67 4 papers EEA
contributed session 245 Inequality Insurance and Redistributions August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIa 4 papers EEA
contributed session 246 Information and Prices August 29, 2018 14:15-16:00 location: Seminargebäude: S12 4 papers EEA
contributed session 247 Information Design and Trade August 29, 2018 14:15-16:00 location: Philosophikum: S83 4 papers EEA
contributed session 248 Labour Economics: Technology August 29, 2018 14:15-16:00 location: Seminargebäude: S24 4 papers EEA
contributed session 249 Law and Economics August 29, 2018 14:15-16:00 location: Philosophikum: S55 4 papers EEA
contributed session 250 Macroeconomics: Consumption and Saving August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIb 3 papers EEA
contributed session 251 Macroeconomics: Fiscal Policy I August 29, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal G 4 papers EEA
contributed session 252 Monetary Policy and Private Sector Balance Sheets August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIa 4 papers EEA
contributed session 253 Permit Markets August 29, 2018 14:15-16:00 location: Seminargebäude: S13 4 papers EEA
contributed session 254 Social Choice and Mechanism Design August 29, 2018 14:15-16:00 location: Philosophikum: S92 4 papers EEA
contributed session 255 The Benefits of Education August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XVIII 4 papers EEA
tutorial session 256 Unethical and Destructive Behaviours August 29, 2018 14:15-16:00 location: Philosophikum: S65 4 papers EEA
contributed session 257 Networks, Externalities, and Development August 29, 2018 14:15-16:00 location: Seminargebäude: S26 4 papers ES
contributed session 258 Books, Education and Skills August 29, 2018 14:15-16:00 location: Seminargebäude: Tagungsraum 4 papers ES
contributed session 259 Gender and the Labour Market August 29, 2018 14:15-16:00 location: Seminargebäude: S25 4 papers ES
contributed session 260 Economics of Climate Change August 29, 2018 14:15-16:00 location: Seminargebäude: S16 3 papers ES
contributed session 261 Misallocation and Industry Dynamics August 29, 2018 14:15-16:00 location: Seminargebäude: S21 4 papers ES
contributed session 262 Asset Prices and Learning August 29, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal E 4 papers ES
contributed session 263 Labour Market Risk and Reallocation over the Business Cycle August 29, 2018 14:15-16:00 location: Philosophikum: Hörsaal H 80 4 papers ES
contributed session 264 Monetary Policy August 29, 2018 14:15-16:00 location: Philosophikum: S78 4 papers ES
contributed session 265 New Forecasting Models and Methods August 29, 2018 14:15-16:00 location: Seminargebäude: S22 4 papers ES
contributed session 266 Specification Testing August 29, 2018 14:15-16:00 location: Seminargebäude: S23 4 papers ES
contributed session 267 Psychological Games August 29, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal V 4 papers ES
contributed session 268 Market Design August 29, 2018 14:15-16:00 location: Philosophikum: S85 4 papers ES
contributed session 269 General Equilibrium August 29, 2018 14:15-16:00 location: Philosophikum: S66 4 papers ES
contributed session 270 Intermediary Asset Pricing and Systemic Risk August 29, 2018 14:15-16:00 location: Philosophikum: S69 3 papers ES
contributed session 271 Political Economy: Voting August 29, 2018 14:15-16:00 location: Philosophikum: S76 4 papers ES
contributed session 272 Exchange Rate Shocks August 29, 2018 14:15-16:00 location: Philosophikum: S63 3 papers ES
contributed session 273 Contract Theory II August 29, 2018 14:15-16:00 location: Philosophikum: S57 4 papers ES
contributed session 274 Principal Agent models August 29, 2018 14:15-16:00 location: Philosophikum: S58 4 papers ES
contributed session 275 Aspects of Health Insurance August 29, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XIa 3 papers EEA
contributed session 276 Bureaucracies: Theory and Evidence August 29, 2018 16:30-17:45 location: Seminargebäude: S15 3 papers EEA
contributed session 277 Business Cycle and the Labour Market August 29, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal D 3 papers EEA
contributed session 278 Capital Flows and Financial Integration August 29, 2018 16:30-17:45 location: Seminargebäude: S12 3 papers EEA
contributed session 279 Development: Other August 29, 2018 16:30-17:45 location: Philosophikum: S83 3 papers EEA
contributed session 280 Economics of the Firm II August 29, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIa 3 papers EEA
contributed session 281 Financial Regulation I August 29, 2018 16:30-17:45 location: Philosophikum: S82 3 papers EEA
contributed session 282 Firms and Human Capital August 29, 2018 16:30-17:45 location: Philosophikum: S73 3 papers EEA
contributed session 283 Fundamental Issues in Climate Policy II August 29, 2018 16:30-17:45 location: Philosophikum: S65 3 papers EEA
contributed session 284 Household Savings with Heterogeneous Agents August 29, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal G 3 papers EEA
contributed session 285 Immigration and Its Political Effects August 29, 2018 16:30-17:45 location: Seminargebäude: S13 3 papers EEA
contributed session 286 Investor Behaviour and the Stock Market II August 29, 2018 16:30-17:45 location: Philosophikum: S54 3 papers EEA
contributed session 287 Labour Economics: Wages I August 29, 2018 16:30-17:45 location: Philosophikum: S55 3 papers EEA
contributed session 288 Local Labour Markets August 29, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIb 3 papers EEA
contributed session 289 Macroeconomic Effects of Financial Frictions II August 29, 2018 16:30-17:45 location: Seminargebäude: S01 2 papers EEA
contributed session 290 Monetary Policy at the Lower Bound II August 29, 2018 16:30-17:45 location: Seminargebäude: S24 3 papers EEA
contributed session 291 Macroeconomics: Optimal Taxation August 29, 2018 16:30-17:45 location: Seminargebäude: S11 3 papers EEA
contributed session 292 Search Rigidities and the Macroeconomy August 29, 2018 16:30-17:45 location: Philosophikum: S92 3 papers EEA
contributed session 293 Tax Policy August 29, 2018 16:30-17:45 location: Philosophikum: S67 3 papers EEA
contributed session 294 Uncertainty and the Business Cycle August 29, 2018 16:30-17:45 location: Seminargebäude: S14 3 papers EEA
contributed session 295 Urban Public Economics August 29, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XVIII 3 papers EEA
contributed session 296 Health Economics August 29, 2018 16:30-17:45 location: Seminargebäude: S23 3 papers ES
contributed session 297 Schooling and Labour Markets in Emerging and Developing Countries August 29, 2018 16:30-17:45 location: Seminargebäude: S21 3 papers ES
contributed session 298 Labour Markets August 29, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal E 3 papers ES
contributed session 299 Firm Dynamics August 29, 2018 16:30-17:45 location: Seminargebäude: S22 3 papers ES
contributed session 300 Government and the Macroeconomy II August 29, 2018 16:30-17:45 location: Seminargebäude: Tagungsraum 2 papers ES
contributed session 301 Bayesian Methods in Finance August 29, 2018 16:30-17:45 location: Seminargebäude: S25 3 papers ES
contributed session 302 Model Averaging and Mixture Models August 29, 2018 16:30-17:45 location: Seminargebäude: S16 3 papers ES
contributed session 303 The Econometrics of Networks August 29, 2018 16:30-17:45 location: Seminargebäude: S26 3 papers ES
contributed session 304 Rational Inattention August 29, 2018 16:30-17:45 location: Philosophikum: S85 3 papers ES
contributed session 305 Cooperative and non-Cooperative Games August 29, 2018 16:30-17:45 location: Philosophikum: S66 3 papers ES
contributed session 306 Frictions in Finance August 29, 2018 16:30-17:45 location: Philosophikum: S69 3 papers ES
contributed session 307 Behavioural Asset Pricing August 29, 2018 16:30-17:45 location: Philosophikum: S76 3 papers ES
contributed session 308 Competition and Trade Policies August 29, 2018 16:30-17:45 location: Philosophikum: S63 3 papers ES
contributed session 309 IO and Productivity August 29, 2018 16:30-17:45 location: Philosophikum: S57 3 papers ES
contributed session 310 Incentives and Competition August 29, 2018 16:30-17:45 location: Philosophikum: S58 3 papers ES
contributed session 311 Aspirations, Social Norms and Development August 29, 2018 18:00-19:15 location: Hörsaalgebäude: Hörsaal B 1 papers EEA
plenary session 312 Transparent Structural Estimation August 30, 2018 9:00-10:15 location: Hörsaalgebäude: Hörsaal B 0 papers ES
invited session 313 Behavioural Macroeconomics August 30, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal A1 3 papers EEA
invited session 314 Culture and Economics August 30, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal C 4 papers EEA
invited session 315 Inequality and Tax Policy August 30, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal II 3 papers EEA
invited session 316 The Economics of Management August 30, 2018 10:45-12:45 location: Hauptgebäude: Hörsaal XIII 3 papers EEA
invited session 317 Macroeconomics of Inequality August 30, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal B 2 papers ES
invited session 318 Family Economics August 30, 2018 10:45-12:45 location: Hörsaalgebäude: Hörsaal A2 2 papers ES
invited session 319 Economics of Research and Experimentation August 30, 2018 10:45-12:45 location: Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) 2 papers ES
invited session 320 Competition and Innovation August 30, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIa 4 papers EEA
contributed session 321 Corruption and Politics August 30, 2018 14:15-16:00 location: Philosophikum: S54 4 papers EEA
contributed session 322 Credit and the Macroeconomy August 30, 2018 14:15-16:00 location: Philosophikum: S92 4 papers EEA
contributed session 323 Development: Education August 30, 2018 14:15-16:00 location: Seminargebäude: S14 4 papers EEA
contributed session 324 Development: Well Being, Risks, and Insurance August 30, 2018 14:15-16:00 location: Seminargebäude: S12 4 papers EEA
contributed session 325 Evidence on Credit Markets August 30, 2018 14:15-16:00 location: Seminargebäude: S15 4 papers EEA
contributed session 326 Exchange Rates August 30, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal G 3 papers EEA
contributed session 327 Family Policies and Labour Supply August 30, 2018 14:15-16:00 location: Philosophikum: S65 4 papers EEA
contributed session 328 Finance, Housing and Retirement August 30, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XVIII 4 papers EEA
contributed session 329 Gender and Ethnicity August 30, 2018 14:15-16:00 location: Philosophikum: S73 4 papers EEA
contributed session 330 International Capital Flows, Controls and Allocations August 30, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal D 4 papers EEA
contributed session 331 International Migration August 30, 2018 14:15-16:00 location: Philosophikum: S82 3 papers EEA
contributed session 332 Labour Markets and Economic Integration August 30, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIb 4 papers EEA
contributed session 333 Macroeconomics: Fiscal Policy II August 30, 2018 14:15-16:00 location: Seminargebäude: S11 4 papers EEA
contributed session 334 Media and Platforms August 30, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal VIIb 4 papers EEA
contributed session 335 Monetary Policy Design August 30, 2018 14:15-16:00 location: Seminargebäude: S01 4 papers EEA
contributed session 336 Monetary Policy: Empirics August 30, 2018 14:15-16:00 location: Seminargebäude: S24 4 papers EEA
contributed session 337 Political Economy of Public Policies August 30, 2018 14:15-16:00 location: Philosophikum: S67 4 papers EEA
contributed session 338 Student Achievement in School and College August 30, 2018 14:15-16:00 location: Philosophikum: S55 4 papers EEA
contributed session 339 Systemic Risk August 30, 2018 14:15-16:00 location: Hauptgebäude: Hörsaal XIa 4 papers EEA
contributed session 340 Taxation and Housing with Heterogeneous Agents August 30, 2018 14:15-16:00 location: Seminargebäude: S13 4 papers EEA
contributed session 341 Unemployment and Labour Market Policies August 30, 2018 14:15-16:00 location: Philosophikum: S83 3 papers EEA
contributed session 342 Firms, Hours Worked and Labour Demand August 30, 2018 14:15-16:00 location: Seminargebäude: S23 4 papers ES
contributed session 343 Human Capital in Emerging and Developing Economies August 30, 2018 14:15-16:00 location: Seminargebäude: S21 4 papers ES
contributed session 344 Energy, Oil and Environmental Economics August 30, 2018 14:15-16:00 location: Seminargebäude: S26 4 papers ES
contributed session 345 Productivity Growth August 30, 2018 14:15-16:00 location: Seminargebäude: Tagungsraum 3 papers ES
contributed session 346 Communication and Monetary Policy August 30, 2018 14:15-16:00 location: Philosophikum: S85 4 papers ES
contributed session 347 Survey Forecasts and their Macroeconomic Implications August 30, 2018 14:15-16:00 location: Seminargebäude: S16 4 papers ES
contributed session 348 Predicting Stock Returns and Volatility August 30, 2018 14:15-16:00 location: Hörsaalgebäude: Hörsaal E 4 papers ES
contributed session 349 Financial Econometrics: Modelling Tail Behaviour August 30, 2018 14:15-16:00 location: Seminargebäude: S22 4 papers ES
contributed session 350 Networks and Spatial Dependence August 30, 2018 14:15-16:00 location: Seminargebäude: S25 4 papers ES
contributed session 351 Global Games August 30, 2018 14:15-16:00 location: Philosophikum: S66 4 papers ES
contributed session 352 Networks: Interactions and Policy August 30, 2018 14:15-16:00 location: Philosophikum: Hörsaal H 80 4 papers ES
contributed session 353 Trust, Corruption and Shadow Banking August 30, 2018 14:15-16:00 location: Philosophikum: S69 3 papers ES
contributed session 354 New Approaches in Empirical Asset Pricing August 30, 2018 14:15-16:00 location: Philosophikum: S76 4 papers ES
contributed session 355 Public Economics: Taxes and Transfers August 30, 2018 14:15-16:00 location: Philosophikum: S63 4 papers ES
contributed session 356 Mechanism Design and Auctions August 30, 2018 14:15-16:00 location: Philosophikum: S57 4 papers ES
contributed session 357 Mechanism Design III August 30, 2018 14:15-16:00 location: Philosophikum: S58 4 papers ES
contributed session 358 Auctions August 30, 2018 14:15-16:00 location: Philosophikum: S78 4 papers ES
contributed session 359 Bank Regulation II August 30, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XVIII 3 papers EEA
contributed session 360 Behavioural IO Theory August 30, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal D 3 papers EEA
contributed session 361 Bounded Rationality and Model Uncertainty August 30, 2018 16:30-17:45 location: Seminargebäude: S24 3 papers EEA
contributed session 362 Economic and Political Institutions August 30, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIb 3 papers EEA
contributed session 363 Financial Regulation II August 30, 2018 16:30-17:45 location: Philosophikum: S92 2 papers EEA
contributed session 364 Fiscal Policy II August 30, 2018 16:30-17:45 location: Seminargebäude: S15 3 papers EEA
contributed session 365 Health Information and Health Outcomes August 30, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal VIIa 3 papers EEA
contributed session 366 Housing Markets August 30, 2018 16:30-17:45 location: Philosophikum: S67 3 papers EEA
contributed session 367 Income Shocks and Consumption Smoothing August 30, 2018 16:30-17:45 location: Philosophikum: S73 3 papers EEA
contributed session 368 Inequality August 30, 2018 16:30-17:45 location: Philosophikum: S65 3 papers EEA
contributed session 369 Labor Economics: Wages II August 30, 2018 16:30-17:45 location: Seminargebäude: S14 3 papers EEA
contributed session 370 Monetary Policy and Inequality August 30, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal G 3 papers EEA
contributed session 371 Monetary Policy and the Labour Market August 30, 2018 16:30-17:45 location: Seminargebäude: S11 3 papers EEA
contributed session 372 Monetary Policy at the Lower Bound III August 30, 2018 16:30-17:45 location: Seminargebäude: S01 3 papers EEA
contributed session 373 Non-Tariff Barriers in International Trade August 30, 2018 16:30-17:45 location: Philosophikum: S54 3 papers EEA
contributed session 374 Political Economy of Environment August 30, 2018 16:30-17:45 location: Philosophikum: S83 3 papers EEA
contributed session 375 Political Institutions II August 30, 2018 16:30-17:45 location: Hauptgebäude: Hörsaal XIa 3 papers EEA
contributed session 376 Retail Finance and Household Behaviour August 30, 2018 16:30-17:45 location: Philosophikum: S55 3 papers EEA
contributed session 377 Technological Change and Employment August 30, 2018 16:30-17:45 location: Seminargebäude: S13 2 papers EEA
contributed session 378 Trade Cost Effects: Tariffs, Transport & Trust August 30, 2018 16:30-17:45 location: Philosophikum: S82 3 papers EEA
contributed session 379 Urban Economics and Public Policies August 30, 2018 16:30-17:45 location: Seminargebäude: S12 3 papers EEA
contributed session 380 Political Economy and Institutions in Emerging and Developing Countries August 30, 2018 16:30-17:45 location: Seminargebäude: Tagungsraum 3 papers ES
contributed session 381 Subjective Expectations August 30, 2018 16:30-17:45 location: Philosophikum: S78 3 papers ES
contributed session 382 Trends in Female Labour Supply August 30, 2018 16:30-17:45 location: Hörsaalgebäude: Hörsaal E 3 papers ES
contributed session 383 Capital Markets August 30, 2018 16:30-17:45 location: Seminargebäude: S26 3 papers ES
contributed session 384 Uncertainty and Business Cycles August 30, 2018 16:30-17:45 location: Seminargebäude: S25 3 papers ES
contributed session 385 The Econometrics of Forecast Evaluation August 30, 2018 16:30-17:45 location: Seminargebäude: S22 3 papers ES
contributed session 386 Nonlinear and Spatial Panel Data Models August 30, 2018 16:30-17:45 location: Seminargebäude: S16 3 papers ES
contributed session 387 Instrumental Variables August 30, 2018 16:30-17:45 location: Seminargebäude: S23 3 papers ES
contributed session 388 Bounded Rationality August 30, 2018 16:30-17:45 location: Philosophikum: S85 3 papers ES
contributed session 389 Political Economy: Globalisation August 30, 2018 16:30-17:45 location: Philosophikum: S66 3 papers ES
contributed session 390 Capital Controls August 30, 2018 16:30-17:45 location: Philosophikum: S69 3 papers ES
contributed session 391 Behavioural IO August 30, 2018 16:30-17:45 location: Philosophikum: Hörsaal H 80 3 papers ES
contributed session 392 Persuasion and Info Design August 30, 2018 16:30-17:45 location: Seminargebäude: S21 3 papers ES
contributed session 393 Information Economics August 30, 2018 16:30-17:45 location: Philosophikum: S76 3 papers ES
contributed session 394 Executive Compensation August 30, 2018 16:30-17:45 location: Philosophikum: S63 2 papers ES
contributed session 395 Models of Consumer Choice in Panels with Applications to Mobile Location Data August 30, 2018 18:00-19:15 location: Hörsaalgebäude: Hörsaal B 1 papers EEA
plenary session 395 sessions, 1344 papers, and 0 presentations with no associated papers Detailed List of Sessions Session 1: Is Europe an Optimal Political Union? August 27, 2018 12:30 to 13:45 Hörsaalgebäude: Hörsaal C Session Chair: Marta Reynal-Querol, Universitat Pompeu Fabra - ICREA and BGS marta.reynal@upf.edu Session type: EEA invited Is Europe an Optimal Political Union? Presented by: Guido Tabellini, Bocconi University Session 2: Credit August 27, 2018 14:15 to 16:00 Philosophikum: S73 Session Chair: Alfredo Martin-Oliver, University Balearic Islands alfredo.martin@uib.es Session type: EEA contributed Gender and credit risk: a view from the loan officers' desk Presented by: Jose G. Montalvo, Universitat Pompeu Fabra The Excess Burden of Collateral and The Slowdown of Job Creation in Early Stages of Firm’s Life Cycle Presented by: Farshad Ranjabr Ravasan, Paris School of Economics Credit Supply and Demand in Unconventional Times Presented by: Sarah Holton, European Central Bank Credit Risk in Markets with Spatial Competition and Moral Hazard Presented by: Alfredo Martin-Oliver, University Balearic Islands Session 3: Development: Firms August 27, 2018 14:15 to 16:00 Philosophikum: S54 Session Chair: Shuo YAN, South University of Science&Technology yans@sustc.edu.cn Session type: EEA contributed OPTIMAL PENALTIES ON INFORMAL FIRMS Presented by: Anders Fredriksson, University of São Paulo Material efficiency and welfare losses from input misallocation in equilibrium. An application to Indian iron and steel production Presented by: Gregor Singer, London School of Economics Local Effects of Artisanal Mining: Empirical Evidence from Ghana Presented by: Martin Guenther, Royal Holloway College, University of London Corporate Political Connections and the Finance-Growth Nexus: Evidence from China Presented by: Shuo YAN, South University of Science&Technology Session 4: Econometrics I August 27, 2018 14:15 to 16:00 Philosophikum: S83 Session Chair: Barbara Sadaba, Bank of Canada b.m.sadaba@gmail.com Session type: EEA contributed GLS Estimation and Confidence Sets for the Date of a Single Break in Models with Trends Presented by: Yicong Lin, Maastricht University Simulation error in maximum likelihood estimation of discrete choice models Presented by: Wiktor Budziński, University of Warsaw Choosing Prior Hyperparameters: With Applications To Time-Varying Parameter Models Presented by: Mu-Chun Wang, University of Hamburg Cyclicality of schooling: new evidence from unobserved components models Presented by: Barbara Sadaba, Bank of Canada Session 5: Econometrics II August 27, 2018 14:15 to 16:00 Philosophikum: S55 Session Chair: G. Charles-Cadogan, University of Leicester, School of Busi gocadog@gmail.com Session type: EEA contributed Combining Factor Models and External Instruments to Identify Uncertainty Shocks Presented by: Martin Bruns, DIW Berlin Estimating non-stationary common factors: Implications for risk sharing Presented by: Pilar Poncela, Universidad Autónoma de Madrid (SPAIN)/ Joint Research Center (ITALY) Estimation and Inference for Loss Aversion in Cross Sectional Regressions of Happiness and Consumption on Economic Growth Presented by: G. Charles-Cadogan, University of Leicester, School of Busi Session 6: Empirical Economic Geography August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa Session Chair: Marcel Henkel, University Duisburg-Essen marcel.henkel@uni-due.de Session type: EEA contributed Domestic transport costs, Canada, and the Panama Canal Presented by: Camilo Umana Dajud, CEPII The Economic Geography of Innovation Presented by: Nicole Loumeau, ETH Zürich The Returns to Big City Experience: Evidence From Danish Refugees Presented by: Mads Hejlesen, Aarhus University Fiscal equalization in the spatial economy Presented by: Marcel Henkel, University Duisburg-Essen Session 7: Evaluating Political Institutions August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa Session Chair: Enrique Burbano Valencia, Universidad de San Buenaventura - Cali javencobur@gmail.com Session type: EEA contributed Rankings matter even when they shouldn't: bandwagon effects in two-round elections Presented by: Vincent Pons, Harvard Business School Uncovering Vote Trading through Networks and Computation Presented by: Ulrich Matter, University of St. Gallen Backing the Incumbent in Diffcult Times: The Electoral Impact of Wildfires Presented by: Carlos Sanz, Bank of Spain Does Campaign Spending Affect Local Elections? Evidence from Colombia Presented by: Enrique Burbano Valencia, Universidad de San Buenaventura - Cali Session 8: Exchange Rate Puzzles and Behavioural Explanations August 27, 2018 14:15 to 16:00 Seminargebäude: S12 Session Chair: Ralph Verhoeks, Erasmus University Rotterdam R.C.Verhoeks@dnb.nl Session type: EEA contributed Exchange rate puzzles: evidence from rigidly fixed nominal exchange rate systems Presented by: Feng Zhu, Bank for International Settlements The Exchange Rate Disconnect: Incomplete Participation, Multiple Equilibria, and Shocks to Beliefs Presented by: Konstantin Platonov, UCLA Behavioral Bubbles and Exchange Rate Markets Presented by: Sarita Bunsupha, Harvard University The Winner Takes it All: Measuring Attention and Predicting Exchange Rates with Google Trends Presented by: Ralph Verhoeks, Erasmus University Rotterdam Session 9: Experimental Labour Economics and Contracts August 27, 2018 14:15 to 16:00 Philosophikum: S82 Session Chair: Felix Peterhammer, University of Regensburg fpeterhammer@gmail.com Session type: EEA contributed Leveraging wage subsidies to facilitate fair wages and increase social welfare Presented by: Ro'i Zultan, Ben-Gurion University of the Negev Betrayal Aversion and the Effectiveness of Incentive Contracts Presented by: Stephan Müller, Göttingen University Attention-Driven Demand for Bonus Contracts Presented by: Florian Peiseler, Duesseldorf Institute for Competition Economics, University of Duesseldorf Seemingly irrelevant focal points affect wage setting and wage and job satisfaction Presented by: Felix Peterhammer, University of Regensburg Session 10: Gender Biases in Politics August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb Session Chair: Gozde Corekcioglu, European University Institute gozde.corekcioglu@eui.eu Session type: EEA contributed Gender Biases: Evidence from a Natural Experiment in French Local Elections Presented by: Paul Vertier, Sciences Po Is Incumbency a Barrier to Women's Entry in Politics? Presented by: Quentin Lippmann, Paris School of Economics Historic sex-ratio imbalances predict female participation in the political market Presented by: Iris Kesternich, University of Leuven Headscarves and Female Employment Presented by: Gozde Corekcioglu, European University Institute Session 11: Global Financial Markets August 27, 2018 14:15 to 16:00 Philosophikum: S65 Session Chair: Hugues Langlois, HEC Paris langlois@hec.fr Session type: EEA contributed Quantitative easing and preferred habitat investors in the euro area bond market Presented by: Martijn Boermans, De Nederlandsche Bank The Domestic Transmission of International Shocks: Evidence from US and Mexican Mutual Funds Presented by: Miguel Karlo De Jesus, Colegio Universitario de Estudios Financieros Global Market Inefficiencies Presented by: Sohnke Bartram, University of Warwick Is Liquidity risk priced in partially segmented markets? Presented by: Hugues Langlois, HEC Paris Session 12: Housing and the Macroeconomy August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D Session Chair: Tom Schmitz, Bocconi University tom.schmitz@unibocconi.it Session type: EEA contributed Housing Prices and Consumer Spending: The Bank Balance Sheet Channel Presented by: Nuno Paixao, Bank of Canada On the effectiveness of loan-to-value regulation in a multiconstraint framework Presented by: Anna Grodecka, Sveriges Riksbank Macroeconomic Effects of Mortgage Interest Deduction Presented by: Cenkhan Sahin, European Central Bank The Financial Transmission of Housing Bubbles: Evidence from Spain Presented by: Tom Schmitz, Bocconi University Session 13: Inflation August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G Session Chair: Jonas Dovern, Heidelberg University jonas.dovern@awi.uni-heidelberg.de Session type: EEA contributed Shifting Inflation Expectations and Monetary Policy Presented by: Markus Kirchner, Central Bank of Chile What does the heterogeneity of the inflation expectations of Italian firms tell us? Presented by: Marco Bottone, Banca d'Italia Sources of Bias in Inflation Rates and Implications for Inflation Dynamics Presented by: Sarah Lein, University of Basel Anchoring Inflation Expectations in Unconventional Times: Micro Evidence for the Euro Area Presented by: Jonas Dovern, Heidelberg University Session 14: Information August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII Session Chair: Steffen Ahrens, Technische Universität Berlin steffen.ahrens@tu-berlin.de Session type: EEA contributed For They Know Not What They Do. Selection through Incentives when Information is Costly. Presented by: Sandro Ambuehl, University of Toronto Limited Cognitive Ability and Selective Information Processing Presented by: Tsz Kin Leung, Toulouse School of Economics Recommendations in Credence Goods Markets with Horizontal Product Differentiation Presented by: Katharina Momsen, University of Innsbruck It's the Moral Hazard: moral hazard has an effect on the behavior of investors but not on their beliefs Presented by: Steffen Ahrens, Technische Universität Berlin Session 15: Integration of Immigrants and Ethnic Discrimination August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb Session Chair: Susana Iranzo, Universitat Rovira Virgili susana.iranzo@urv.cat Session type: EEA contributed Ride with Me - Ethnic Discrimination, Social Markets and the Sharing Economy Presented by: Menusch Khadjavi, Christian-Albrechts-University Kiel The Impact of Exposure to Xenophobic Violence on the Integration of Immigrants – Insights from Germany Presented by: Max Steinhardt, Helmut Schmidt University Not Just a Work Permit: The Effect of Gaining EU Citizenship on the Consumption Behavior of Illegal and Legal Immigrants Presented by: Effrosyni Adamopoulou, Bank of Italy Immigrants and Entrepreneurship: a Road for Talent or Just the Only Road? Presented by: Susana Iranzo, Universitat Rovira Virgili Session 16: Labour Economics: Demography and Gender I August 27, 2018 14:15 to 16:00 Seminargebäude: S15 Session Chair: Michael Burda, Humboldt University Berlin burda@wiwi.hu-berlin.de Session type: EEA contributed Gender Discrimination in Recruitment Committees Presented by: Pierre Deschamps, Sciences-Po Wage growth among young college graduates in Europe: is there a gender gap? Presented by: Rocío Sánchez-Mangas, Universidad Autónoma de Madrid Taking Back Control? Trade-offs between Wages and Schedule Autonomy Presented by: Isabel Stockton, University of Bristol Racial/Ethnic Differences in Non-Work at Work Presented by: Michael Burda, Humboldt University Berlin Session 17: Labour Supply August 27, 2018 14:15 to 16:00 Seminargebäude: S13 Session Chair: Arnaldur Stefansson, Uppsala University arnaldur.smari.stefansson@gmail.com Session type: EEA contributed Labour Supply Responses to Financial Wealth Shocks: Evidence from in Italy Presented by: Renata Bottazzi, University of Bologna Cyclicality of Hours Worked by Married Women and Spousal Insurance Presented by: Kathrin Ellieroth, Indiana University Bloomington Peer Effects in Labor Supply Presented by: Patrick Schneider, Goethe-University Frankfurt The Icelandic Tax Holiday - What can be learned from a salient one year income shock? Presented by: Arnaldur Stefansson, Uppsala University Session 18: Long Run Growth August 27, 2018 14:15 to 16:00 Seminargebäude: S24 Session Chair: Bruno Pellegrino, UCLA bruno.pellegrino@icloud.com Session type: EEA contributed European Immigrants and the United States’ Rise to the Technological Frontier in the 19th Century Presented by: Michael Peters, Yale University Development In Times of Polarization Presented by: Terry Yip, McMaster University Is Inequality Increasing in r - g? Piketty’s Principle of Capitalist Economics and the Dynamics of Inequality in Britain, 1210-2013 Presented by: Jakob Madsen, Monash University Diagnosing the Italian Disease Presented by: Bruno Pellegrino, UCLA Session 19: Macroprudencial Policy and Portfolio Balancing August 27, 2018 14:15 to 16:00 Seminargebäude: S14 Session Chair: Katharina Bergant, Trinity College Dublin bergantk@tcd.ie Session type: EEA contributed The Euro Area's Common Pool Problem Revisited: Has the Single Supervisory Mechanism Ameliorated Forbearance and Evergreening? Presented by: Frank Westermann, University of Osnabrueck Macroprudential FX Regulations: Shifting the Snowbanks of FX Vulnerability? Presented by: Christian Friedrich, Bank of Canada Prudential Capital Controls and Risk Misallocation: Bank Lending Channel Presented by: Lorena Keller, Northwestern University International Capital Flows at the Security Level - Evidence from the ECB's Asset Purchase Program Presented by: Katharina Bergant, Trinity College Dublin Session 20: Monetary Policy and Banks August 27, 2018 14:15 to 16:00 Philosophikum: S92 Session Chair: MIguel Boucinha, European Central Bank Miguel.Boucinha@ecb.europa.eu Session type: EEA contributed Lender of Last Resort versus Buyer of Last Resort — Evidence from the European Sovereign Debt Crisis Presented by: Diane Pierret, HEC Lausanne Monetary Policy and Bank Lending Terms: Evidence from a Survey of US Loans Presented by: Gustavo A. Suarez, Federal Reserve Unconventional Monetary Policy, Bank Lending, and Security Holdings: The Yield-Induced Portfolio Rebalancing Channel Presented by: Karol Paludkiewicz, Deutsche Bundesbank Monetary Policy and Bank Profitability in a Low Interest Rate Environment Presented by: MIguel Boucinha, European Central Bank Session 21: Optimal Taxation August 27, 2018 14:15 to 16:00 Philosophikum: S67 Session Chair: Kjetil Storesletten, University of Oslo kjetil.storesletten@gmail.com Session type: EEA contributed Optimal Taxation of Income and Human Capital and Skill-Biased Technical Change Presented by: Bas Jacobs, Erasmus University Rotterdam Flexible Retirement and Optimal Taxation Presented by: Abdoulaye Ndiaye, Northwestern University Optimal Tax Progressivity with Age-Dependent Taxation Presented by: Kjetil Storesletten, University of Oslo Session 22: Productivity August 27, 2018 14:15 to 16:00 Seminargebäude: S11 Session Chair: Marijn Verschelde, IESEG School of Management, LEM m.verschelde@ieseg.fr Session type: EEA contributed IT and Productivity: A firm level analysis Presented by: Jeroen Van den bosch, KU Leuven Productivity and Foreign Institutional Ownership Presented by: Jan Philip Schain, Düsseldorf Institute for Competition Economics Managerial knowledge spillovers and firm productivity Presented by: Marie Le Mouel, DIW Berlin Nonparametric identification of unobserved technological heterogeneity in production Presented by: Marijn Verschelde, IESEG School of Management, LEM Session 23: Incentives in Education August 27, 2018 14:15 to 16:00 Seminargebäude: S23 Session Chair: Michela Carlana, Harvard Kennedy School michela_carlana@hks.harvard.edu Session type: ES contributed The role of performance incentives in need-based grants for higher education: Evidence from the Spanish Becas Presented by: Jose Montalban, Paris School of Economics Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments Presented by: Katharina Werner, Ifo Institute, Munich Taking PISA Seriously: How Accurate are Low-Stakes Exams? Presented by: S. Pelin Akyol, Bilkent University Stereotypes and Self-Stereotypes: Evidence from Teachers’ Gender Bias Presented by: Michela Carlana, Harvard Kennedy School Session 24: Labour Market Mobility August 27, 2018 14:15 to 16:00 Seminargebäude: S25 Session Chair: Peter Huber, Austrian Institute for Economic Research (WIFO) huber@wifo.ac.at Session type: ES contributed Talent Rewards, Talent Uncertainty, and Career Tracks Presented by: Byeongju Jeong, CERGE-EI Where have workers from routine tasks gone? Evidence from the 1970s Presented by: Terhi Maczulskij, Labour Institute for Economic Research Enforcement and Compliance with Labour Legislation Presented by: Clemente Pignatti Morano, International Labour Organization and Graduate Institute of Geneva Homeownership, Mobility, and Unemployment. Evidence from Housing Privatisation Presented by: Peter Huber, Austrian Institute for Economic Research (WIFO) Session 25: Growth, Innovation and Firm Dynamics August 27, 2018 14:15 to 16:00 Seminargebäude: S01 Session Chair: Arvid Raknerud, Statistics Norway rak@ssb.no Session type: ES contributed Specialization Dynamics, Convergence, and Idea Flows Presented by: Liuchun Deng, Halle Institute for Economic Research Policy Effects of International Taxation on Firm Dynamics and Capital Structure Presented by: Adam Spencer, University of Wisconsin -- Madison Productivity growth, firm turnover and new varieties Presented by: Arvid Raknerud, Statistics Norway Session 26: Investment, Production and Cycles August 27, 2018 14:15 to 16:00 Seminargebäude: S16 Session Chair: Luis Rojas, Universitat Autonoma de Barcelona luis.rojas@movebarcelona.eu Session type: ES contributed Non-linear Effects of Uncertainty Presented by: Andreas Dibiasi, ETH Zurich Production Network Structure, Service Share, and Aggregate Volatility Presented by: Jorge Miranda-Pinto, University of Queensland Expectations Formation and Investment During Recessions Presented by: Luis Rojas, Universitat Autonoma de Barcelona Session 27: Monetary Economics and Price Rigidities August 27, 2018 14:15 to 16:00 Seminargebäude: S21 Session Chair: Mikael Carlsson, Uppsala University mikael.carlsson@nek.uu.se Session type: ES contributed Reallocation Effects of Monetary Policy Presented by: Koki Oikawa, Waseda University Financial Constraints and Nominal Price Rigidities Presented by: Almut Balleer, RWTH Aachen and IIES Stockholm University Does State-Dependent Wage Setting Generate Multiple Equilibria? Presented by: Shuhei Takahashi, Kyoto University Fixed Wage Contracts and Monetary Non-Neutrality Presented by: Mikael Carlsson, Uppsala University Session 28: Developments in Financial Econometrics August 27, 2018 14:15 to 16:00 Seminargebäude: S26 Session Chair: Dieter Wang, Vrije Universiteit Amsterdam d.wang@vu.nl Session type: ES contributed Empirical Asset Pricing with Multi-Period Disasters - A Simulation-Based Approach Presented by: Joachim Grammig, University of Tuebingen Testing the Eigenvalue Structure of Integrated Covariance with Applications Presented by: Julian M. Williams, Durham University Business School A Hawkes model of the transmission of European sovereign default risk Presented by: Ana-Maria H. Dumitru, University of Surrey Dynamic portfolio overlap networks, contagion, and the credit spread puzzle Presented by: Dieter Wang, Vrije Universiteit Amsterdam Session 29: Nonparametric and Semiparametric Methods I August 27, 2018 14:15 to 16:00 Seminargebäude: S22 Session Chair: Christoph Rothe, University of Mannheim rothe@vwl.uni-mannheim.de Session type: ES contributed Semiparametric Quantile Models for Ascending Auctions with Asymmetric Bidders Presented by: Jayeeta Bhattacharya, Queen Mary University of London Semiparametric estimation for heterogeneous time-varying panel data models Presented by: Fei Liu, Monash University Finite-Sample Optimal Estimation and Inference on Average Treatment Effects Under Unconfoundedness Presented by: Timothy Armstrong, Yale University Estimating Derivatives of Function-Valued Parameters in a Class of Moment Condition Models Presented by: Christoph Rothe, University of Mannheim Session 30: Factor Models of Large Dimensions August 27, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum Session Chair: Stanislav Anatolyev, CERGE-EI and New Economic School sanatoly@nes.ru Session type: ES contributed State-Varying Factor Models of Large Dimensions Presented by: Markus Pelger, Stanford University Large-Scale Dynamic Predictive Regressions Presented by: Daniele Bianchi, University of Warwick Factor State-Space Models for High-Dimensional Realized Covariance Matrices of Asset Returns Presented by: Jan Hartkopf, University of Cologne Factor models with many assets: strong factors, weak factors, and the two-pass procedure Presented by: Stanislav Anatolyev, CERGE-EI and New Economic School Session 31: Panel Data Models with Interactive Effects August 27, 2018 14:15 to 16:00 Philosophikum: S85 Session Chair: Hyungsik Roger Moon, University of Southern California moonr@usc.edu Session type: ES contributed Testing the rank condition for CCE estimators Presented by: Ignace De Vos, Ghent University Instrumental Variable Estimation of Dynamic Linear Panel Data Models with Defactored Regressors and a Multifactor Error Structure Presented by: Vasilis Sarafidis, Monash University Persistence Heterogeneity Testing in Panels with Interactive Fixed Effects Presented by: Carlos Velasco, Universidad Carlos III de Madrid Nuclear Norm Regularized Estimation of Panel Regression Models Presented by: Hyungsik Roger Moon, University of Southern California Session 32: Matching Markets August 27, 2018 14:15 to 16:00 Philosophikum: S78 Session Chair: Bettina Klaus, University of Lausanne bettina.klaus@unil.ch Session type: ES contributed Same Sex Marriage, The Great Equalizer Presented by: Sergey Popov, Cardiff University Club good mechanisms: from free-riders to citizen-shareholders, from impossibility to characterization Presented by: Andrew Mackenzie, Maastricht University Assignment Maximization Presented by: Inacio Bo, WZB Berlin Social Science Center Random Matching under Priorities: Stability and No Envy Concepts Presented by: Bettina Klaus, University of Lausanne Session 33: Behavioural Game Theory and Experiments August 27, 2018 14:15 to 16:00 Philosophikum: S66 Session Chair: ciril bosch-rosa, Technical University Berlin cirilbosch@gmail.com Session type: ES contributed Predicting and Understanding Initial Play Presented by: Annie Liang, University of Pennsylvania Sentiments, strategic uncertainty, and information structures in coordination games Presented by: Michal Szkup, University of British Columbia Fairness in Markets and Market Experiments Presented by: Dirk Engelmann, Humboldt University Berlin A diagnosis on the relationship between equilibrium play, stated beliefs, and best responses. Presented by: ciril bosch-rosa, Technical University Berlin Session 34: Household Finance and Option Grants August 27, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80 Session Chair: Elisabeth Megally, SFI and UZH emegally@gmail.com Session type: ES contributed Shopping for Lower Sales Tax Rates Presented by: Scott Baker, Northwestern University Credit Smoothing Presented by: Sean Hundtofte, Federal Reserve Bank New York Valuation and incentives of performance-vesting stock grants with path-dependent (price- and earnings-based) vesting schedules Presented by: Elisabeth Megally, SFI and UZH Session 35: Political Economy: Fiscal Policy August 27, 2018 14:15 to 16:00 Philosophikum: S69 Session Chair: Paolo Roberti, University of Bergamo paolo.roberti3@unibo.it Session type: ES contributed Fiscal Rules as Bargaining Chips Presented by: Facundo Piguillem, EIEF The Dark Side of Tax Progressivity: The Impact of Fiscal Flexibility on Tax Manipulation Presented by: Tommaso Giommoni, Bocconi University Taxes and Turnout Presented by: Nicolas Werquin, Toulouse School of Economics Party Ideology and Policies Presented by: Paolo Roberti, University of Bergamo Session 36: Sorting, Matching and Frictions in Trade August 27, 2018 14:15 to 16:00 Philosophikum: S76 Session Chair: Pascal Mossay, Newcastle University pascal.mossay@ncl.ac.uk Session type: ES contributed Search Frictions in International Good Markets Presented by: Clemence Lenoir, CREST-ENSAE Heterogeneous Consumers Matching Heterogeneous Firms in Monopolistic Competition Presented by: Alexander Tarasov, Higher School of Economics Urban Structures with Forward and Backward Linkages Presented by: Pascal Mossay, Newcastle University Session 37: Pricing Strategies August 27, 2018 14:15 to 16:00 Philosophikum: S63 Session Chair: Jurre Thiel, Vrije Universiteit Amsterdam j.h.thiel@vu.nl Session type: ES contributed Should platforms be allowed to charge ad valorem fees? Presented by: Zhu Wang, Federal Reserve Bank of Richmond Optimal Dynamic Hotel Pricing Presented by: Sungjin Cho, Seoul National University When More is Less: How Giving Lowers Profits Presented by: Michele Fioretti, University of Southern California History-based price discrimination and welfare: Evidence from the Dutch mortgage market Presented by: Jurre Thiel, Vrije Universiteit Amsterdam Session 38: Cheap talk, Information and Learning August 27, 2018 14:15 to 16:00 Philosophikum: S57 Session Chair: Tsz-Ning Wong, Aalto University tsz-ning.wong@aalto.fi Session type: ES contributed Optimal Languages Presented by: Francesc Dilme, University of Bonn Information Aggregation and Countervailing Biases in Organizations Presented by: Saori Chiba, Kyoto University The value of public information in vertically differentiated markets Presented by: Thomas Gall, University of Southampton Dynamic Expert Incentives: Complementarity and Substitutability in Information Acquisition Presented by: Tsz-Ning Wong, Aalto University Session 39: Mechanism Design I August 27, 2018 14:15 to 16:00 Philosophikum: S58 Session Chair: Alexander Heczko, RWTH Aachen University alexander.heczko@rwth-aachen.de Session type: ES contributed Framing Game Theory Presented by: Hitoshi Matsushima, University of Tokyo Auctions vs. Negotiations: Optimal Selling Mechanism with Endogenous Bidder Values Presented by: Mengxi Zhang, University of Bonn Partnership Dissolution and the Willingness-to-Pay - Willingness-to-Accept Disparity Presented by: Alexander Heczko, RWTH Aachen University Session 40: Repeated Games and Cooperation August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal F Session Chair: Lina Andersson, University of Gothenburg lina.andersson@economics.gu.se Session type: ES contributed Repeated Games with Endogenous Discounting Presented by: Yangwei Song, Humboldt University Berlin Efficient Collusion with Entry and Cost Uncertainty Presented by: Ramakanta Patra, Cardiff Metropolitan University Partnership with Persistence Presented by: Tomasz Sadzik, UCLA Cooperation Between Emotional Players Presented by: Lina Andersson, University of Gothenburg Session 41: Learning August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E Session Chair: Drew Fudenberg, Massachusetts Institute of Technology Drew.Fudenberg@gmail.com Session type: ES contributed Bounded Rationality and Learning: A Framework and a Robustness Result Presented by: Daniel Hauser, Aalto University Dynamic Choice of Information Sources Presented by: Tatiana Mayskaya, National Research University Higher School of Economics Learning and Self-confirming Long-Run Biases Presented by: Giacomo Lanzani, Massachusetts Institute of Technology Player-Compatible Equilibrium Presented by: Drew Fudenberg, Massachusetts Institute of Technology Session 42: Applied Macroeconometrics August 27, 2018 16:30 to 17:45 Seminargebäude: S14 Session Chair: Reinhard Ellwanger, Bank of Canada rellwanger@bankofcanada.ca Session type: EEA contributed The evolving impact of global, region-specific and country-specific uncertainty Presented by: Alberto Musso, ECB Inflation dynamics during the Financial Crisis in Europe: cross-sectional identification of long-run inflation expectations Presented by: Geraldine Dany-Knedlik, DIW Berlin Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol? Presented by: Reinhard Ellwanger, Bank of Canada Session 43: Asset Pricing I August 27, 2018 16:30 to 17:45 Philosophikum: S55 Session Chair: Jantje Sönksen, University of Tübingen jantje.soenksen@uni-tuebingen.de Session type: EEA contributed International capital markets with time-varying preferences Presented by: Ilya Dergunov, Goethe University Frankfurt and SAFE Consumption fluctuations and expected returns Presented by: Victoria Atanasov, The Taming of the Two: Simulation-Based Asset Pricing with Multi-Period Disasters and Two Consumption Goods Presented by: Jantje Sönksen, University of Tübingen Session 44: Contract Theory: Dynamics August 27, 2018 16:30 to 17:45 Philosophikum: S83 Session Chair: Anja Schöttner, Humboldt-Universität zu Berlin anja.schoettner@hu-berlin.de Session type: EEA contributed Optimal Short-Termism Presented by: Dirk Hackbarth, Boston University Delegation and Promotion-Based Incentive Schemes Presented by: Benjamin Häusinger, LMU Munich Delegating Pricing Authority to Sales Agents: The Impact of Kickbacks Presented by: Anja Schöttner, Humboldt-Universität zu Berlin Session 45: Development: Rural Issues August 27, 2018 16:30 to 17:45 Philosophikum: S92 Session Chair: Gunther Bensch, RWI bensch@rwi-essen.de Session type: EEA contributed From Learning to Doing: Diffusion of Agricultural Innovations in Guinea-Bissau Presented by: Rute Caeiro, Universidade Nova de Lisboa One-off subsidies and long-run adoption – Experimental evidence on improved cooking stoves in Senegal Presented by: Gunther Bensch, RWI Session 46: Enlarging the Policy Space August 27, 2018 16:30 to 17:45 Philosophikum: S73 Session Chair: Katinka Holtsmark, University of Oslo k.k.holtsmark@econ.uio.no Session type: EEA contributed Buying versus leasing fuel deposits for preservation Presented by: Mark Schopf, University of Hagen Waste management policies and incentives for upstream Design-for-Environment. Evidence from Extended Producer Responsibility in the EU. Presented by: Eugénie Joltreau, Université Paris Dauphine Strategic delegation to negotiations over public goods Presented by: Katinka Holtsmark, University of Oslo Session 47: Firm Competition and Export Dynamics August 27, 2018 16:30 to 17:45 Seminargebäude: S11 Session Chair: Jun-Hyung Ko, Aoyama Gakuin University jun_hyung_ko@hotmail.com Session type: EEA contributed How exporters grow Presented by: Stefanie Haller, University College Dublin Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets Presented by: Ina Jäkel, Aarhus University The dynamics of gravity Presented by: Jun-Hyung Ko, Aoyama Gakuin University Session 48: Firms and Credit August 27, 2018 16:30 to 17:45 Philosophikum: S54 Session Chair: Alfred Lehar, University of Calgary alehar@ucalgary.ca Session type: EEA contributed Financing Skilled Labor Presented by: Vladimir Vladimirov, University of Amsterdam Does trade credit provision dampen firm growth ? Evidence from customer-supplier exports Presented by: Clemence Lenoir, CREST-ENSAE Industry Structure and the Strategic Provision of Trade Credit by Upstream Firms Presented by: Alfred Lehar, University of Calgary Session 49: Fiscal Policy I August 27, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal D Session Chair: Anasuya Raj, Ecole Polytechnique anasuya.raj@polytechnique.edu Session type: EEA contributed The Dynamic Response of Municipal Fiscal Budgets to Revenue Shocks Presented by: Ines Helm, Stockholm University Fiscal Stimulus and Consumption Spending Presented by: Gregor Pfeifer, U Hohenheim On the political economy of the income-tax threshold Presented by: Anasuya Raj, Ecole Polytechnique Session 50: Growth and Labour Supply August 27, 2018 16:30 to 17:45 Seminargebäude: S24 Session Chair: Torben Klarl, Bremen University tklarl@uni-bremen.de Session type: EEA contributed The Age Structure of Human Capital and Economic Growth Presented by: Amparo Castello-Climent, Institute for International Economics Skilled and unskilled labour: Are they worth their weight in growth? Presented by: VERIDIANA Nogueira, University of Essex Status race for health, fiscal policy, elastic labor supply, and endogenous growth Presented by: Torben Klarl, Bremen University Session 51: Health August 27, 2018 16:30 to 17:45 Philosophikum: S65 Session Chair: Daniel Kaliski, University of Oxford daniel.kaliski@nuffield.ox.ac.uk Session type: EEA contributed Clinical guidelines in the real-world of medicine: Evidence from the roll-out of Percutaneous Coronary Intervention Facilities in England Presented by: Tom Lee, Institute for Fiscal Studies Overconfidence and Health Insurance Participation among the Elderly Presented by: Mi Luo, Emory University Has Medicare Coverage Crowded Out Prevention? Evidence from the Insulin Usage Decisions of Diabetics Presented by: Daniel Kaliski, University of Oxford Session 52: Individual and Household Behaviour August 27, 2018 16:30 to 17:45 Philosophikum: S82 Session Chair: Mette Ejrnaes, University of Copenhagen Mette.Ejrnes@econ.ku.dk Session type: EEA contributed Culture, Saving and Consumption: Evidence from the Youth Presented by: Thomas Spycher, University of St. Gallen Going online, being financially literate? Presented by: Aida Cumurovic, Halle Institute for Economic Research (IWH) Saving Behavior around Intended and Unintended Childbirths Presented by: Mette Ejrnaes, University of Copenhagen Session 53: Labour Economics: Labour Contracts and Markets I August 27, 2018 16:30 to 17:45 Philosophikum: S67 Session Chair: Tomi Kyyrä, VATT Institute for Economic Research tomi.kyyra@vatt.fi Session type: EEA contributed Incentives to Work ot Incentives to Quit? Presented by: Raicho Bojilov, Ecole Polytechnique - CREST The Effect of Employer Liabilities in Disability and Unemployment Insurance on Job Exits Presented by: Tomi Kyyrä, VATT Institute for Economic Research Session 54: Macroeconomic Effects of Financial Frictions I August 27, 2018 16:30 to 17:45 Seminargebäude: S12 Session Chair: Thomas Drechsel, LSE t.a.drechsel@lse.ac.uk Session type: EEA contributed Credit Crunches, Asset Prices and Technological Change Presented by: Pierluigi Murro, LUMSA University The Long-term Debt Accelerator Presented by: Joachim Jungherr, IAE (CSIC), MOVE, and Barcelona GSE Flow-Based Borrowing Constraints and Macroeconomic Fluctuations Presented by: Thomas Drechsel, LSE Session 55: Migration and Human Capital August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII Session Chair: Mongoljin Batsaikhan, Georgetown University mongoljin.batsaikhan@gmail.com Session type: EEA contributed Foreign Peer Effects and STEM Major Choice Presented by: Massimo Anelli, Bocconi University Presence of Language-Learning Opportunities Abroad and Migration to Germany Presented by: Silke Uebelmesser, University of Jena Choice and School Diversity: Evidence from a Randomized Survey Presented by: Mongoljin Batsaikhan, Georgetown University Session 56: Monetary Policy and Communication I August 27, 2018 16:30 to 17:45 Seminargebäude: S01 Session Chair: Elmar Mertens, Deutsche Bundesbank em@elmarmertens.com Session type: EEA contributed Observing and shaping the market: the dilemma of central banks Presented by: Romain Baeriswyl, Swiss National Bank State-dependent Forward Guidance and the Problem of Inconsistent Announcements Presented by: Julian Parra-Polania, Banco de la Republica Indeterminacy and Imperfect Information Presented by: Elmar Mertens, Deutsche Bundesbank Session 57: New Approaches to Business Cycles August 27, 2018 16:30 to 17:45 Seminargebäude: S15 Session Chair: Aspasia Bizopoulou, University of Edinburgh a.bizopoulou@gmail.com Session type: EEA contributed Business cycle narratives Presented by: Vegard Larsen, Norges Bank A Quantitative Model of Bubble-Driven Business Cycles Presented by: Benjamin Larin, Leipzig University The Task Content of Occupational Transitions over the Business Cycle: Evidence for the UK Presented by: Aspasia Bizopoulou, University of Edinburgh Session 58: Optimal Earnings Taxation August 27, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G Session Chair: Tuomas Kosonen, Labour Institute for Economic Research tuomas.kosonen@labour.fi Session type: EEA contributed Optimal income taxation with labor supply responses at two margins: When is an Earned Income Tax Credit optimal? Presented by: Emanuel Hansen, University of Cologne Optimal Taxation with On-the-Job Search Presented by: Jesper Bagger, Royal Holloway, University of London Discrete earnings as a major labor market friction: Empirical evidence and implications Presented by: Tuomas Kosonen, Labour Institute for Economic Research Session 59: Political Institutions I August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb Session Chair: Nicholas Ziros, University of Cyprus n.ziros@ucy.ac.cy Session type: EEA contributed On the Weights of Sovereign Nations Presented by: Rafael Treibich, University of Southern Denmark Elections in Non-Democracies Presented by: Konstantin Sonin, University of Chicago Strategic Vote Trading under Complete Information Presented by: Nicholas Ziros, University of Cyprus Session 60: Product and Labour Market Dynamics August 27, 2018 16:30 to 17:45 Seminargebäude: S13 Session Chair: Britta Gehrke, Friedrich-Alexander Universität Erlangen-Nürnberg britta.gehrke@fau.de Session type: EEA contributed Deep Dynamics Presented by: Karolina Stadin, Ratio and Uppsala University Endogenous Labor Market Cycles Presented by: Cheng Wang, Fudan University Identifying asymmetric effects of labor market reforms Presented by: Britta Gehrke, Friedrich-Alexander Universität Erlangen-Nürnberg Session 61: Terror and Crime August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa Session Chair: Cesar Alonso-Borrego, Universidad Carlos III cesar.alonso@uc3m.es Session type: EEA contributed Everybody's a Victim? Global Terror and Well-Being Presented by: Ahmed Elsayed, IZA The Internet Effects on Sex Crime and Murder - Evidence from the Broadband Internet Expansion in Germany Presented by: André Nolte, ZEW Mannheim and IAB Nuremberg The implications of intimate partner violence on women's health Presented by: Cesar Alonso-Borrego, Universidad Carlos III Session 62: Social Mobility, Language and Peer Effects August 27, 2018 16:30 to 17:45 Philosophikum: S85 Session Chair: Zhongjian Lin, Emory University zhongjian.lin@emory.edu Session type: ES contributed The Long-Term Effects of Social Sorting: Evidence from a Universal Conscription Presented by: Elias Einiö, VATT & CEP/LSE Deprivation, segregation, and socioeconomic class of UK immigrants. Does English proficiency matter? Presented by: Yu Aoki, University of Aberdeen and IZA Misclassification and the Hidden Silent Rivalry Presented by: Zhongjian Lin, Emory University Session 63: Consumption, Investment, and Intra-Household Allocation of Resources in Developing Countries August 27, 2018 16:30 to 17:45 Philosophikum: S63 Session Chair: Arthur Lewbel, Boston College lewbel@bc.edu Session type: ES contributed Identification of Random Resource Shares in Collective Households Without Preference Similarity Restrictions Presented by: Arthur Lewbel, Boston College Session 64: Housing Market August 27, 2018 16:30 to 17:45 Philosophikum: S76 Session Chair: Preetesh Kantak, Indiana University, Kelley School of Bus pkantak@iu.edu Session type: ES contributed Time-varying housing supply elasticities and US housing cycles Presented by: Bruno Albuquerque, Ghent University Securitization, Non-Recourse Loans and House Prices Presented by: Pedro Franco de Campos Pinto, Musashi University and Centre for Macroeconomics (LSE) Asset Prices, Local Prospects and the Geography of Housing Dynamics Presented by: Preetesh Kantak, Indiana University, Kelley School of Bus Session 65: The Labour Share and the Business Cycle August 27, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E Session Chair: Cristiano Cantore, University of Surrey c.cantore@surrey.ac.uk Session type: ES contributed The Missing Link: Labor Share and Monetary Policy Presented by: Cristiano Cantore, University of Surrey Session 66: New Measurements in Empirical Macro August 27, 2018 16:30 to 17:45 Philosophikum: S66 Session Chair: Manuel Gonzalez-Astudillo, Board of Governors of the Federal Reserve System manuel.p.gonzalez-astudillo@frb.gov Session type: ES contributed U.S. aggregate output measurement: a common trend approach Presented by: Tincho Almuzara, CEMFI Taylor-rule Consistent Estimates of the Natural Rate of Interest Presented by: Claus Brand, European Central Bank An Output Gap Measure for the Euro Area: Exploiting Country-level and Cross-sectional Data Heterogeneity Presented by: Manuel Gonzalez-Astudillo, Board of Governors of the Federal Reserve System Session 67: Programme Evaluation August 27, 2018 16:30 to 17:45 Philosophikum: S69 Session Chair: Qin Liao, The University of Hong Kong liaoq@connect.hku.hk Session type: ES contributed A Correction for Regression Discontinuity Designs with Group-Specific Mismeasurement of the Running Variable Presented by: Otavio Bartalotti, Iowa State University How Bad is Unconfoundedness in Practice? Evidence from Randomised Controlled Trials with Imperfect Compliance Presented by: Jasmin Fliegner, Toulouse School of Economics and TU Berlin Inferences and Specification Testing in Threshold Regression with Endogeneity Presented by: Qin Liao, The University of Hong Kong Session 68: Identification August 27, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80 Session Chair: Whitney Newey, Massachusetts Institute of Technology wnewey@mit.edu Session type: ES contributed Selection Without Exclusion Presented by: Bo Honore, Princeton University Inference in Repeated Binary Games with Random States Presented by: Arkadiusz Szydlowski, University of Leicester The Bunching Estimator Cannot Identify the Taxable Income Elasticity Presented by: Whitney Newey, Massachusetts Institute of Technology Session 69: Preference Discovery August 27, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum Session Chair: Fabio Maccheroni, U Bocconi fabio.maccheroni@unibocconi.it Session type: ES contributed Speed, Accuracy, and the Optimal Timing of Choices Presented by: Philipp Strack, UC Berkeley Convergence of Reinforcement Learning to Equilibria in Stochastic Games Presented by: Aldo Rustichini, University of Minnesota Simulated Decision Processes Presented by: Fabio Maccheroni, U Bocconi Session 70: Social Networks August 27, 2018 16:30 to 17:45 Seminargebäude: S21 Session Chair: Gabrielle Demange, Paris School of Economics demange@pse.ens.fr Session type: ES contributed Social Networks and the Stepping Stone Effect: The Case of Tobacco and Marijuana Presented by: Anton Badev, Federal Reserve Board Endogenous Riot Networks Presented by: Lachlan Deer, University of Zurich Enhancing dual activities in a social network Presented by: Gabrielle Demange, Paris School of Economics Session 71: Search and Matching August 27, 2018 16:30 to 17:45 Philosophikum: S78 Session Chair: Dmitry Lubensky, Indiana University dmitry.lubensky@gmail.com Session type: ES contributed The Selection of Prices and Commissions in a Spatial Model of Ride-Hailing Presented by: Cemil Selcuk, Cardiff University Education Inequality And Social Reproduction: Parents’ Aspirations Versus Labor Market Returns Presented by: Laurène Bocognano, GREQAM-AMSE Learning Match Quality Presented by: Dmitry Lubensky, Indiana University Session 72: Banks and Liquidity Management August 27, 2018 16:30 to 17:45 Philosophikum: S57 Session Chair: Martin Kuncl, Bank of Canada mkuncl@bankofcanada.ca Session type: ES contributed Bank Liquidity Management, Collateral Quality and Policies Presented by: Regis Breton, Banque de France Liquidity Management in Banking: the Role of Leverage Presented by: Quynh-Anh Vo, Bank of England Loan Insurance, Adverse Selection and Screening Presented by: Toni Ahnert, Bank of Canada Session 73: Empirical Asset Pricing August 27, 2018 16:30 to 17:45 Philosophikum: S58 Session Chair: Gustavo Schwenkler, Boston University gas@bu.edu Session type: ES contributed Downside Risks and the Price of Variance Uncertainty Presented by: Friedrich Lorenz, University of Muenster . Presented by: Alexander Kontoghiorghes, Queen Mary University of London Long-run risk or disasters? New evidence from an efficient estimation method for multivariate jump-diffusions with measurement errors Presented by: Gustavo Schwenkler, Boston University Session 74: Theory of Industrial Organisation August 27, 2018 16:30 to 17:45 Seminargebäude: S23 Session Chair: Gyula Seres, Humboldt U, Tilburg U gyula.seres@hu-berlin.de Session type: ES contributed Output and Welfare Implications of Oligopolistic Third-Degree Price Discrimination Presented by: Takanori Adachi, Nagoya University Uncertain Commitment Power in a Durable Good Monopoly Presented by: Gyula Seres, Humboldt U, Tilburg U Session 75: Public Economics: Healthcare August 27, 2018 16:30 to 17:45 Seminargebäude: S25 Session Chair: Markus Fels, University of Dortmund markus.fels@udo.edu Session type: ES contributed Heterogeneous effect of the hospital financing reform on productivity: fixed effect panel data quantile regressions with endogeneity Presented by: Galina Besstremyannaya, Centre for Economic and Financial Research at New Economic School Corruption, Mortality and Fertility Rates, and Development Presented by: Kiyoka Akimoto, Graduate School, Osaka University Incentivizing Efficient Utilization Without Reducing Access: The Case Against Cost-Sharing in Insurance Presented by: Markus Fels, University of Dortmund Session 76: State Capacity, Reciprocity, and the Social Contract August 27, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B Session Chair: Drew Fudenberg, Massachusetts Institute of Technology Drew.Fudenberg@gmail.com Session type: ES invited Session 77: Poster Session I August 28, 2018 9:00 to 17:45 Hörsaalgebäude, Ground Floor Session Chair: Kristine Koponen, University of Helsinki kristine.koponen@helsinki.fi Session type: EEA contributed Endogenous cartel formation with Differentiated Products and Price Competition Presented by: Tyra Merker, University of Oslo The Value Of Public Information For An Informed Monopolist Presented by: Philemon Kraehenmann, University of St. Gallen Foreign investment regulation and firm productivity: Granular evidence from Indonesia Presented by: Robert Genthner, University of Göttingen Nutrient income elasticity in ultra poor households: Evidence from Kenya Presented by: Hamidou Jawara, University of Kiel Financial Crisis and Firm Entry in Emerging Economies Presented by: Kristine Koponen, University of Helsinki Session 78: Sharing a Government August 28, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal B Session Chair: Eliana La Ferrara, Bocconi University, Milan eliana@eeassoc.org Session type: EEA plenary Sharing a Government Presented by: Jaume Ventura, CREI, UPF, and Barcelona GSE Session 79: Economics of Online Media August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal C Session Chair: Ruben Enikolopov, Universitat Pompeu Fabra and New Economic School ruben@eeassoc.org Session type: EEA invited Social Media and Xenophobia: Evidence from Russia Presented by: Ruben Enikolopov, Universitat Pompeu Fabra and New Economic School Trust, Truth, and Selective Exposure to Partisan News Presented by: Matthew Gentzkow, Stanford University Social Media and Protests in China Presented by: David Stromberg, Stockholm University Session 80: Housing Markets and the Macroeconomy August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A1 Session Chair: Johannes Stroebel, New York University johannes.stroebel@nyu.edu Session type: EEA invited Regional Heterogeneity and the Refinancing Channel of Monetary Policy Presented by: Joseph Vavra, University of Chicago How Do Mortgage Refinances Affect Debt, Default, and Spending? Evidence from HARP Presented by: Andreas Fuster, Federal Reserve Bank of New York House Price Beliefs And Mortgage Leverage Choice Presented by: Johannes Stroebel, New York University Session 81: Production Networks August 28, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal II Session Chair: Vasco Carvalho, U of Cambridge vmcarvalho.web@gmail.com Session type: EEA invited Trade and Domestic Production Networks Presented by: Félix Tintelnot, University of Chicago Productivity and Misallocation in General Equilibrium Presented by: Emmanuel Farhi, Harvard University Cascading Innovation Presented by: Vasco Carvalho, U of Cambridge Session 82: Understanding Choice August 28, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIII Session Chair: Massimo Marinacci, U Bocconi massimo.marinacci@unibocconi.it Session type: EEA invited Multinomial Logit Processes and Preference Discovery: Inside and Outside the Blackbox Presented by: Simone Cerreia, U Bocconi Stochastic Impatience and the Separation of Time and Risk Preferences Presented by: Pietro Ortoleva, Princeton University The Cost of Information Presented by: Philipp Strack, UC Berkeley Session 83: Business Cycles and Monetary Policy August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal B Session Chair: Rodolfo Manuelli, Washington University and Federal Reserve Bank of St. Louis manuelli@wustl.edu Session type: ES invited The Dynamics of Employment: Potential Facts and Explanations Presented by: Nir Jaimovich, University of Zurich Macroeconomic Modeling and Monetary Policy Presented by: Silvana Tenreyro, London School of Economics Session 84: Organisational Design August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A2 Session Chair: Gabrielle Demange, Paris School of Economics demange@pse.ens.fr Session type: ES invited Fiscal and Monetary Regimes: A Strategic Approach Presented by: Guillaume Plantin, Sciences Po Recruiting Talent Presented by: Tomasz Sadzik, UCLA Session 85: Dynamic Microeconomics and Policy August 28, 2018 10:45 to 12:45 Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) Session Chair: Bernard Salanie, Columbia University bsalanie@columbia.edu Session type: ES invited Pledge-and-Review Bargaining Presented by: Bard Harstad, University of Oslo The Dynamics of Technology Adoption and Vertical Restraints: an Empirical Analysis Presented by: Michelle Sovinsky, University of Mannheim Session 86: Behavioural Game Theory August 28, 2018 14:15 to 16:00 Seminargebäude: S01 Session Chair: Marvin Deversi, LMU Munich marvin.deversi@econ.lmu.de Session type: EEA contributed Pluralistic Ignorance and Social Change: A Model of Conformity to the Perceived Majority Presented by: Mauricio Fernandez Duque, Harvard University Common Belief in Rationality in Psychological Games Presented by: Stephan Jagau, University of Amsterdam Exploration in Teams and the Encouragement Effect: Theory and Experimental Evidence Presented by: Topi Miettinen, Hanken School of Economics Spin Doctors: Vague Messages in Disclosure Games Presented by: Marvin Deversi, LMU Munich Session 87: Corporate Tax Evasion August 28, 2018 14:15 to 16:00 Philosophikum: S65 Session Chair: Dirk Foremny, University of Barcelona / I.E.B. foremny@ub.edu Session type: EEA contributed Voluntary Disclosure Schemes for Offshore Tax Evasion Presented by: Matthew Rablen, Sheffield University Would a Move to a U.S. Territorial Tax System Increase Earnings Shifting? Presented by: Adam Spencer, University of Wisconsin -- Madison Dirty money in new disguise? Capital flows into and out of tax havens Presented by: Jakob Miethe, DIW Berlin Income Shifting and Tax Evasion: Evidence from an Uruguayan Tax Reform Presented by: Dirk Foremny, University of Barcelona / I.E.B. Session 88: Development: Political Economy August 28, 2018 14:15 to 16:00 Philosophikum: S92 Session Chair: Leonard Kukic, Universidad Carlos III de Madrid lkukic@clio.uc3m.es Session type: EEA contributed Voter heterogeneity and political corruption Presented by: Aron Toth, Ebola, Resistance and State Legitimacy Presented by: Markus Ludwig, University of Bayreuth Ethnic Favoritism: Winner Takes All or Power Sharing? Evidence from school constructions in Benin Presented by: Fatoumata Tapo, University of Cergy Pontoise The Last Yugoslavs: Ethnic Diversity, National Identity, and Civil War Presented by: Leonard Kukic, Universidad Carlos III de Madrid Session 89: Dynamic Incentive Problems August 28, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D Session Chair: Filippo Massari, University of New South Wales f.massari@unsw.edu.au Session type: EEA contributed Bargaining and Competition in Thin Markets Presented by: Francesc Dilme, University of Bonn A Dynamic Mechanism Design with Different Deadlines and Multi-unit Demands Presented by: Ryuji Sano, Yokohama National University Training and Effort Dynamics in Apprenticeship Presented by: Drew Fudenberg, Massachusetts Institute of Technology The Wisdom of the Crowd in Dynamic Economies Presented by: Filippo Massari, University of New South Wales Session 90: Empirical Finance August 28, 2018 14:15 to 16:00 Seminargebäude: S14 Session Chair: Bjorn Imbierowicz, bjorn.imbierowicz@gmail.com Session type: EEA contributed Betting Against Alpha Presented by: Alex Horenstein, University of Miami Vulnerable Asset Management? The Case of Mutual Funds Presented by: Christoph Fricke, Deutsche Bundebank Discriminatory Pricing of Over-the-Counter Derivatives Presented by: Yannick Timmer, Herr Do corporate depositors risk everything for nothing? The importance of deposit relationships, interest rates and bank risk Presented by: Bjorn Imbierowicz, Session 91: Empirical IO August 28, 2018 14:15 to 16:00 Philosophikum: S83 Session Chair: Silke Forbes, Tufts University silke.forbes@gmail.com Session type: EEA contributed The Effect of Car Sharing on Car Sales Presented by: Peter Schmidt, Bocconi University Firm-level Adjustments to Financial Shocks - The Case of Mark-ups Presented by: Philipp Meinen, Deutsche Bundesbank Price Dynamics of Swedish Pharmaceuticals Presented by: Aljoscha Janssen, Stockholm School of Economics Doctor Switching Costs in Health Insurance Presented by: Silke Forbes, Tufts University Session 92: Exchange Rate Pass Though and Law of One Price August 28, 2018 14:15 to 16:00 Seminargebäude: S13 Session Chair: Huichou Huang, City University of Hong Kong / Jupiter Asset Management huichou.huang@exeter.oxon.org Session type: EEA contributed The Role of Competition in Explaining Law of One Price Deviations Presented by: Leandro Zipitria, FCS - UdelaR Price gaps at the border: evidence from multi-country household scanner data Presented by: Natalia Zabelina, University of Siegen Global Value Chain Participation and Exchange Rate Pass-through Presented by: Makram Khalil, Deutsche Bundesbank Global Positioning Risk and FX Trading Strategies Presented by: Huichou Huang, City University of Hong Kong / Jupiter Asset Management Session 93: Financial Cycles and Global Capital Flows August 28, 2018 14:15 to 16:00 Seminargebäude: S11 Session Chair: Cian Allen, Trinity College Dublin allenc4@tcd.ie Session type: EEA contributed The Center and the Periphery: Two Hundred Years of International Borrowing Cycles Presented by: Graciela Kaminsky, George Washington University Taming the Global Financial Cycle: What role for the Global Financial Safety Net? Presented by: Cedric Tille, Graduate Institute of International and How ETFs Amplify the Global Financial Cycle in Emerging Markets Presented by: Nathan Converse, Board of Governors of the Federal Reserve System Revisiting the Current Account: Insights from Sectoral Balances Presented by: Cian Allen, Trinity College Dublin Session 94: Gender and Politics August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa Session Chair: Michaela Slotwinski, Universität Basel michaela.slotwinski@unibas.ch Session type: EEA contributed Family Structure and the Turnout Gender Gap: Evidence from Italy Presented by: Chiara Monfardini, University of Bologna Gender or Class - What Determines Voting Presented by: Edda Solbakken, Statistics Norway Roots Of Gender Equality: The Persistent Effect Of Beguinages On Attitudes Toward Women Presented by: Eric Roca Fernandez, Université Catholique de Louvain Women leaving the playpen: The emancipating role of female suffrage Presented by: Michaela Slotwinski, Universität Basel Session 95: Global Financial Cycle August 28, 2018 14:15 to 16:00 Seminargebäude: S24 Session Chair: Jin Cao, Norges Bank jin.cao@norges-bank.no Session type: EEA contributed ”BREXIT” AND THE CONTRACTION OF SYNDICATED LENDING Presented by: Larissa Schaefer, Frankfurt School of Finance and Management Global Liquidity Cycles and the Effectiveness of Domestic Monetary Policy: Any Constraint on the Interest Rate Transmission? Presented by: Salih Fendoglu, Central Bank of the Republic of Turkey The fire-sale channels of universal banks in the European sovereign debt crisis Presented by: Patrick Weber, Deutsche Bundesbank Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy? Presented by: Jin Cao, Norges Bank Session 96: Innovation and Growth August 28, 2018 14:15 to 16:00 Philosophikum: S55 Session Chair: Galina Besstremyannaya, Centre for Economic and Financial Research at New Economic School gbesstremyannaya@yandex.ru Session type: EEA contributed On Barriers to Technology Adoption, Appropriate Technology and Deep Integration (with implications for the European Union) Presented by: Ebru Voyvoda, Middle East Technical University Advertising, Innovation and Economic Growth Presented by: Laurent Cavenaile, University of Toronto From Productivity Shifts to Economic Growth: Intersectoral Linkage as an Amplifying Factor Presented by: Nikolay Chernyshev, University of Bristol Mergers and acquisitions, innovations and growth Presented by: Galina Besstremyannaya, Centre for Economic and Financial Research at New Economic School Session 97: Labour Economics: Demography and Gender II August 28, 2018 14:15 to 16:00 Philosophikum: S73 Session Chair: Seyit Mümin Cilasun, Central Bank of the Republic of Turkey seyitmcilasun@gmail.com Session type: EEA contributed Cohabitation vs. Marriage: Mating Strategies by Education in the USA Presented by: Fabio Blasutto, Universitè Catholique de Louvain Like mother, like daughter? Societal determinants of maternal labour supply – Evidence from the German reunification Presented by: Barbara Boelmann, University College London Effects of Education on Violence Against Women: Evidence from a Schooling Law Change Presented by: S. Pelin Akyol, Bilkent University Does Gender Discrimination Contribute to Low Labor Force Participation of Women in Turkey? Evidence from Survey and Field Data Presented by: Seyit Mümin Cilasun, Central Bank of the Republic of Turkey Session 98: Labour Economics: Programme Evaluation August 28, 2018 14:15 to 16:00 Philosophikum: S67 Session Chair: Pietro Garibaldi, University of Torino pietro.garibaldi@carloalberto.org Session type: EEA contributed Internships and Labour Market Entry: Evidence from a Randomized Subsidy Program Presented by: Tuomo Virkola, European University Institute Effect of employment tax incentives: the case of disability quota in Hungary Presented by: Judit Kreko, Central European University / Hungarian Academy of Sciences Graded Security and Labor Market Mobility: Clean Evidence from the Italian Jobs Act Presented by: Pietro Garibaldi, University of Torino Session 99: Marriage Markets August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb Session Chair: Michela Carlana, Harvard Kennedy School michela_carlana@hks.harvard.edu Session type: EEA contributed The role of evolving marital preferences in growing income inequality. Presented by: Simon Weber, KU Leuven Marriage, Divorce and Wage Uncertainty along the Life Cycle: How Changes in the Wage Distribution Reshaped the Marriage Market Presented by: Edoardo Ciscato, Sciences Po Paris Premarital Investment in Human Capital & Marriage Returns Presented by: Emiel Jerphanion, Tilburg University Happily Ever After: Immigration, Natives’ Marriage, and Fertility Presented by: Michela Carlana, Harvard Kennedy School Session 100: Monetary Policy at the Lower Bound I August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII Session Chair: Alex Grimaud, Università Cattolica del Sacro Cuore and Universiteit van Amsterdam alex.b.p.grimaud@gmail.com Session type: EEA contributed Quantitative Easing, Portfolio Rebalancing and Credit Growth: Micro Evidence from Germany Presented by: Johannes Tischer, Estimating a Nonlinear New Keynesian Model with a Zero Lower Bound for Japan Presented by: Kozo Ueda, Waseda University Resurrecting the New-Keynesian Model: (Un)conventional Policy and the Taylor rule Presented by: Olaf Posch, Universität Hamburg Managing expectations at the ZLB through Forward Guidance: an experiment in a new-Keynesian model with multiple steady states Presented by: Alex Grimaud, Università Cattolica del Sacro Cuore and Universiteit van Amsterdam Session 101: Networks August 28, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G Session Chair: Atabek Atayev, University of Vienna atabek.atayev@univie.ac.at Session type: EEA contributed The Formation of Social Groups under Status Concern Presented by: Manuel Staab, London School of Economics Aggregate Fluctuations in Adaptive Production Networks Presented by: Michael Konig, University of Zurich Two of a Kind Try Together? The Impact of Homophily on Innovation in Teams Presented by: Huyen Nguyen, Erasmus University Rotterdam Information Acquisition and Diffusion in Markets Presented by: Atabek Atayev, University of Vienna Session 102: Over the Counter Market August 28, 2018 14:15 to 16:00 Seminargebäude: S12 Session Chair: Senay Agca, George Washington University sagca@email.gwu.edu Session type: EEA contributed Who Provides Liquidity in the Market for Credit Default Swaps? Presented by: Monika Gehde-Trapp, University of Hohenheim Electronic Trading in OTC Markets vs. Centralized Exchange Presented by: Yuan Zhang, École polytechnique fédérale de Lausanne (EPFL) and Swiss Finance Institute Trade Friction in Decentralized Markets: An Experimental Study Presented by: Burcu Kapar, American University in Dubai Credit Risk Propagation along Supply Chains: Evidence from the CDS Market Presented by: Senay Agca, George Washington University Session 103: Peer Effects in Education and the Labour Market August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb Session Chair: Andreas Ferrara, University of Warwick a.ferrara@warwick.ac.uk Session type: EEA contributed The Impact of Peer Personality on Academic Achievement Presented by: Bart Golsteyn, Maastricht University The Impacts of Asian Students on Scholastic Achievement: Evidence from Primary Schools in New York City Presented by: Elias Einiö, VATT & CEP/LSE Achievement Rank Affects Performance and Major Choices in College Presented by: Ingo Isphording, IZA - Institute of Labor Economics WWII and the Socioeconomic Progress of African Americans at Mid-Century Presented by: Andreas Ferrara, University of Warwick Session 104: Perspective on Financial Crises August 28, 2018 14:15 to 16:00 Philosophikum: S54 Session Chair: Maximilian Gödl, Universität Graz (KFU) maximilian.goedl@uni-graz.at Session type: EEA contributed Structural Reforms, Financial Acceleration, and Unconventional Monetary Policy Presented by: Marc Nückles, Shadow Banking, Macroprudential Regulation and Financial Stability Presented by: Margarita Rubio, University of Nottingham Arbitrage Crashes, Financial Accelerator, and Sudden Market Freezes Presented by: Ally Quan Zhang, Swiss Finance Institute and University of Zurich The Sovereign-Bank Interaction in the Eurozone Crisis Presented by: Maximilian Gödl, Universität Graz (KFU) Session 105: Public Goods Provision August 28, 2018 14:15 to 16:00 Philosophikum: S82 Session Chair: Gabriel Loumeau, ETH Zurich loumeau@kof.ethz.ch Session type: EEA contributed Higher Education Supply, Local Competition and Economic Performance: Evidence from Italy Presented by: Simone Moriconi, IESEG School of Management Covenants before the swords: Normative conflict and cooperation in heterogeneous groups Presented by: Christian Koch, NYU Abu Dhabi Fairness and the Willingness to Pay for a (Impure) Public Good Presented by: Stephan Sommer, RWI - Leibniz Institute for Economic Research The Economic Geography of the Public Sector: Theory and Evidence from Secondary Schools in Paris Presented by: Gabriel Loumeau, ETH Zurich Session 106: Volatility and Uncertainty in Open Economies August 28, 2018 14:15 to 16:00 Seminargebäude: S15 Session Chair: Sebastian Schmidt, European Central Bank sebastian.schmidt@ecb.int Session type: EEA contributed Fear Thy Neighbor: Spillovers from Economic Policy Uncertainty Presented by: Nina Biljanovska, International Monetary Fund An international comparison of Business Cycles’ volatility: New insights from Financial Crises and Markov Switching Models Presented by: Brendan VANNIER, Paris School of Economics - Ecole Normale Superieure Protectionism and the Business Cycle Presented by: Matteo Cacciatore, HEC Montreal Time-consistent monetary policy, terms of trade manipulation and welfare in open economies Presented by: Sebastian Schmidt, European Central Bank Session 107: Work Related Training and Vocational Education August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa Session Chair: Juliana Camargo, Getulio Vargas Foundation juliana.camargo@fgv.br Session type: EEA contributed Informing employees about training subsidies: Results from a randomized field experiment Presented by: Christine Dauth, IAB Wider Benefits of Continuous Work-Related Training Presented by: Jens Ruhose, Leibniz Universität Hannover Part-time Vocational Education and Labour Market Outcomes: a Dynamic Approach manuscript Presented by: Brecht Neyt, Ghent University Technical Education, Noncognitive Skills and LaborMarket Outcomes: Experimental Evidence from Brazil Presented by: Juliana Camargo, Getulio Vargas Foundation Session 108: Family Policies August 28, 2018 14:15 to 16:00 Seminargebäude: S21 Session Chair: Jorge Rodriguez, Universidad de los Andes, Chile jp.rodriguez.osorio@gmail.com Session type: ES contributed The Inter-generational Fertility Effect of an Abortion Ban: Understanding the Role of Inherited Wealth and Preferences Presented by: Federico Gutierrez, Vanderbilt University The Impact of Post-Marital Maintenance on Dynamic Choices and Welfare of Couples Presented by: Hanno Foerster, University of Mannheim Understanding the Effects of Income and Child Care Subsidies on Children's Academic Achievement Presented by: Jorge Rodriguez, Universidad de los Andes, Chile Labor Market Frictions and Lowest Low Fertility Presented by: Virginia Sánchez-Marcos, Universidad de Cantabria Session 109: Crime, Drugs, Corruption and Gambling August 28, 2018 14:15 to 16:00 Philosophikum: S85 Session Chair: Peter Duersch, University of Mannheim duersch@uni-mannheim.de Session type: ES contributed Modelling Reporting Behaviours in Surveys: A Comparison across Legal and Illegal Drugs Presented by: Xiaohui Zhang, University of Exeter The Spillover Effects of Highly Publicized Police-Related Deaths on Policing and Crime: Evidence from Large U.S. Cities Presented by: Wei Long, Tulane University Seducing General to Discipline Commander Presented by: Shyh-Fang Ueng, National Chung-Cheng University Measuring skill and chance in games Presented by: Peter Duersch, University of Mannheim Session 110: Spatial Macroeconomics August 28, 2018 14:15 to 16:00 Philosophikum: S78 Session Chair: Tom Holden, University of Surrey thomas.holden@gmail.com Session type: ES contributed Spatial Structural Change Presented by: Michael Peters, Yale University Diffusion of Ideas and Network Linkages Presented by: Has van Vlokhoven, IIES Stockholm University Business cycles in space Presented by: Tom Holden, University of Surrey Session 111: Trade, Innovation and Productivity August 28, 2018 14:15 to 16:00 Seminargebäude: S26 Session Chair: Dimitrije Ruzic, University of Michigan druzic@umich.edu Session type: ES contributed Global Value Chains, Trade Shocks and Jobs: An Application to Brexit Presented by: Hylke Vandenbussche, University of Leuven The real exchange rate, innovation and productivity Presented by: Harald Fadinger, University of Mannheim Does disappointing productivity growth reflect a slowing trend? Weighing the evidence and assessing the future Presented by: John Fernald, INSEAD/FRBSF Returns to Scale, Productivity Measurement, and Trends in U.S. Manufacturing Misallocation Presented by: Dimitrije Ruzic, University of Michigan Session 112: Government and the Macroeconomy I August 28, 2018 14:15 to 16:00 Philosophikum: S69 Session Chair: Romanos Priftis, Bank of Canada rpriftis@gmail.com Session type: ES contributed How does government spending news affect interest rates? Evidence from the United States Presented by: Dingming Liu, Xiamen University Government Financing, Inflation, and the Financial Sector Presented by: Andre Silva, Universidade Nova de Lisboa Sources of Borrowing and Fiscal Multipliers Presented by: Romanos Priftis, Bank of Canada Session 113: Monetary Economics, Financial Frictions and Uncertainty August 28, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E Session Chair: Anna Orlik, Federal Reserve Board of Governors Anna.A.Orlik@frb.gov Session type: ES contributed Lending Relationships and Optimal Monetary Policy Presented by: Russell Wong, Federal Reserve Bank of Richmond Price Dynamics and the Financing Structure of Firms in Emerging Economies Presented by: Victoria Nuguer, Inter-American Development Bank Central Banking Without Fiscal Support: Honest (and Dishonest) Optimal Monetary Policy Presented by: Rodolfo Manuelli, Washington University and Federal Reserve Bank of St. Louis Central Bankers' Preferences and Attitudes Towards Uncertainty: Identification by Means of Asset Prices Presented by: Anna Orlik, Federal Reserve Board of Governors Session 114: Identification in SVAR and proxy-SVAR Models August 28, 2018 14:15 to 16:00 Philosophikum: S66 Session Chair: Alejandro Vicondoa, Pontificia Universidad Catolica de Chile alejandro.vicondoa@uc.cl Session type: ES contributed Identification of Structural Vector Autoregressions by Stochastic Volatility Presented by: Dominik Bertsche, University of Konstanz Bayesian Structural VAR models: an extended approach Presented by: Martin Bruns, DIW Berlin Choosing Between Different Time-Varying Volatility Models for Structural Vector Autoregressive Analysis Presented by: Thore Schlaak, DIW Berlin Proxy-SVAR as a Bridge for Identification with Mixed Frequency Data Presented by: Alejandro Vicondoa, Pontificia Universidad Catolica de Chile Session 115: Nonparametric and Semiparameteric Methods II August 28, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum Session Chair: Lena Janys, Bonn Graduate School of Economics ljanys@uni-bonn.de Session type: ES contributed Individual counterfactuals with multidimensional unobserved heterogeneity Presented by: Dennis Kristensen, University College London Intercept Estimation in (Non-)Additive Semiparametric Sample Selection Models Presented by: Daniel Gutknecht, University of Mannheim Empirical Monte Carlo Evaluation of the Timing-of-Events Approach Presented by: Stefano Lombardi, Uppsala University A General Semiparametric Approach to Inference with Marker-Dependent Hazard Rate Models Presented by: Lena Janys, Bonn Graduate School of Economics Session 116: Networks and Information August 28, 2018 14:15 to 16:00 Philosophikum: S76 Session Chair: Youzong Xu, Xi'an Jiaotong-Liverpool University xu.youzong@wustl.edu Session type: ES contributed Seeking Relationship Support: Strategic network formation and robust cooperation Presented by: David Miller, University of Michigan Networks and Freedom Presented by: Olena Orlova, Bielefeld University Perturbations Help Agents Reach Consensus Presented by: Youzong Xu, Xi'an Jiaotong-Liverpool University Session 117: Collective Decision August 28, 2018 14:15 to 16:00 Philosophikum: S63 Session Chair: Meixia Ruderman, New York University meixiaz@gmail.com Session type: ES contributed Coalition Formation and History Dependence Presented by: Hannu Vartiainen, University of Helsinki, HECER Collusion and Delegation with Information Control Presented by: Andreas Asseyer, Humboldt-Universität zu Berlin Endogenous Political Rules: A Rationalization Based on Policy Importance Presented by: Jean-Baptiste TONDJI, University of Ottawa A Model of Online Publishing: The Case of arXiv.org Presented by: Meixia Ruderman, New York University Session 118: Asset Pricing Theory August 28, 2018 14:15 to 16:00 Philosophikum: S57 Session Chair: Kai Li, University of Technology Sydney kai.li@uts.edu.au Session type: ES contributed Credit Risk and Contagion Presented by: Rodolfo Prieto, Boston University Asset Prices in Segmented and Integrated Markets Presented by: Paolo Guasoni, Boston University Demand Disagreement Presented by: Christian Heyerdahl-Larsen, London Business School Portfolio Selection under Time Delays: A Piecewise Dynamic Programming Approach Presented by: Kai Li, University of Technology Sydney Session 119: Political Economy: Social Connections August 28, 2018 14:15 to 16:00 Philosophikum: S58 Session Chair: Kirill Pogorelskiy, University of Warwick kirill.pogorelskiy@gmail.com Session type: ES contributed Waiting for Napoleon? Democracy and Norms of Cooperation Presented by: Devesh Rustagi, University of Frankfurt The Swing Voter's Curse in Social Networks Presented by: Lydia Mechtenberg, University of Hamburg Public Good Allocation and the Welfare Costs of Political Connections: Evidence from Brazilian Matching Grants Presented by: Michel Dummar Azulai, LSE News We Like to Share: How News Sharing on Social Networks Influences Voting Outcomes Presented by: Kirill Pogorelskiy, University of Warwick Session 120: International Business Cycles and Relative Prices August 28, 2018 14:15 to 16:00 Seminargebäude: S23 Session Chair: Takashi Kano, Hitotsubashi University tkano@econ.hit-u.ac.jp Session type: ES contributed Firm Knowledge and International Real Business Cycles Presented by: Joao Ayres, Inter-American Development Bank A Unified Model of International Business Cycles and Trade Presented by: Konstantin Kucheryavyy, University of Tokyo Explaining International Business Cycle Synchronization: Recursive Preferences and the Terms of Trade Channel Presented by: Robert Kollmann, ECARES, Université Libre de Bruxelles & CEPR Trend Inflation and Exchange Rate Dynamics: A New Keynesian Approach Presented by: Takashi Kano, Hitotsubashi University Session 121: Contract Theory I August 28, 2018 14:15 to 16:00 Seminargebäude: S25 Session Chair: Zhengqing Gui, Hong Kong University of Science and Technology zgui@ust.hk Session type: ES contributed Sweet Lemons: on Collusion in Hierarchical Agency Presented by: Martin Pollrich, University Bonn Competitive Procurement with Ex Post Moral Presented by: Jacques Lawarree, University of Washington INCENTIVE-COMPATIBILITY IN FINANCIAL CONTRACTING WITH LIMITED LIABILITY Presented by: Zhengqing Gui, Hong Kong University of Science and Technology Session 122: Innovation August 28, 2018 14:15 to 16:00 Seminargebäude: S22 Session Chair: Peichun Wang, Wharton School, UPenn peiw@wharton.upenn.edu Session type: ES contributed Dose grace period promote knowledge spillover? : evidence from Japan Presented by: Sadao Nagaoka, Tokyo Keizai University The Disclosure Function of the U.S. Patent System: Evidence from the U.S. Patent and Trademark Depository Library Program Presented by: Tim Martens, University of Mannheim Innovation Is the New Competition: Product Portfolio Choices with Product Life Cycles Presented by: Peichun Wang, Wharton School, UPenn Session 123: Human Capital August 28, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80 Session Chair: Cortnie Shupe, German Institute for Economic Research cshupe@diw.de Session type: ES contributed Working Long Hours Presented by: Adam Blandin, Virginia Commonwealth University Changes in education, wage inequality and working hours over time Presented by: Jochen Mankart, Deutsche Bundesbank Declining Teen Employment: Minimum Wages, Other Explanations, and Implications for Human Capital Investment Presented by: Cortnie Shupe, German Institute for Economic Research Session 124: Bank Regulation I August 28, 2018 16:30 to 17:45 Philosophikum: S83 Session Chair: Sandrine Lecarpentier, Bank of France sandrine.lecarpentier@hotmail.fr Session type: EEA contributed The (Unintended?) Consequences of the Leverage Ratio on Repo Market Intermediation Presented by: Antonis Kotidis, University of Bonn Lower bank capital requirement as a policy tool to support credit to SMEs: evidence from a policy experiment Presented by: Sandrine Lecarpentier, Bank of France Session 125: Capital Flows and Instabilty August 28, 2018 16:30 to 17:45 Seminargebäude: S01 Session Chair: Hyungseok Joo, Wayne State University hsjoo214@gmail.com Session type: EEA contributed Capital controls spillovers Presented by: Valerio Nispi Landi, Bank of Italy Population aging and cross-country redistribution in integrated capital markets Presented by: Thomas Davoine, Institute for Advanced Studies (IHS) Sovereign Debt Restructurings: Delays in Renegotiations and Risk Averse Creditors Presented by: Hyungseok Joo, Wayne State University Session 126: Development: Credit and Savings I August 28, 2018 16:30 to 17:45 Seminargebäude: S12 Session Chair: Andre Silva, IMF and Cass Business School andre.silva.3@cass.city.ac.uk Session type: EEA contributed The Endowment Effect and Savings Decisions of the Poor Presented by: Lisa Spantig, LMU Munich Beyond Microcredit: Giving the Poor a Way to Save Their Way out of Poverty Presented by: Kumar Aniket, University College London Financial Access Under the Microscope Presented by: Andre Silva, IMF and Cass Business School Session 127: Economics of Migration August 28, 2018 16:30 to 17:45 Philosophikum: S92 Session Chair: Martin Lange, ZEW Centre for European Economic Research, Mannheim martin.lange@zew.de Session type: EEA contributed An Open-Economy Analysis of the Distributional Implications of Migration: The Case of Germany and Poland Presented by: Marius Bickmann, TU Dortmund Gender, bilingualism and labour market performance in the UK Presented by: Joanna Clifton-Sprigg, The University of Bath Causal Effects of Immigration on Crime: Quasi-Experimental Evidence from a Large Inflow of Asylum Seekers Presented by: Martin Lange, ZEW Centre for European Economic Research, Mannheim Session 128: Effects of Retirement Systems August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIb Session Chair: Jing You, Renmin University of China yougui_216@hotmail.com Session type: EEA contributed The Introduction of Social Pensions and Elderly Mortality: Evidence 1870-1939 Presented by: Philipp Jäger, RWI- Leibniz-Institute for Economic Research Do Social Insurance Taxes Hinder Entrepreneurial Activity? Presented by: Jarkko Harju, VATT Institute for Economic Research Smoothing or Strengthening the “Great Gatsby Curve”? The Distributional Impact of the Chinese Rural Pension Reform between Generations Presented by: Jing You, Renmin University of China Session 129: Financial Factors in Business Cycles I August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa Session Chair: Thiago Ferreira, Federal Reserve Board thiago.r.teixeiraferreira@frb.gov Session type: EEA contributed Financial and Fiscal Shocks in the Great Recession and Recovery of the Spanish Economy Presented by: Rafael Domenech, Universidad de Valencia and BBVA Research Embedding financial cycle information in output gap estimation: A century perspective Presented by: Anh Nguyen, Bank of Lithuania Stock Market Cross-Sectional Skewness and Business Cycle Fluctuations Presented by: Thiago Ferreira, Federal Reserve Board Session 130: Health in Organisations August 28, 2018 16:30 to 17:45 Philosophikum: S82 Session Chair: Julia Witt, University of Manitoba Julia.Witt@umanitoba.ca Session type: EEA contributed The impact of organizational change on firm efficiency: Evidence from the healthcare sector Presented by: Mujaheed Shaikh, Vienna University of Economics and Business There Is No Place like Work: Evidence on Health and Labor Market Behavior from Changing Weather Conditions Presented by: Adrian Chadi, University of Konstanz How Far is Too Far? The Effect of Physician Relocation on Healthcare Utilisation and Health Outcomes Presented by: Julia Witt, University of Manitoba Session 131: Information Design: Acquisition and Aggregation August 28, 2018 16:30 to 17:45 Seminargebäude: S24 Session Chair: Ole Jann, University of Oxford ole.jann@economics.ox.ac.uk Session type: EEA contributed Independent versus collective expertise Presented by: Sergey Stepanov, National Research University Higher School of Economics Motivating Information Acquisition Under Delegation Presented by: Spyros Terovitis, University of Amsterdam Why Echo Chambers are Useful Presented by: Ole Jann, University of Oxford Session 132: Institutions August 28, 2018 16:30 to 17:45 Philosophikum: S67 Session Chair: Esteban Méndez-Chacón, Cornell University ejm337@cornell.edu Session type: EEA contributed Economic costs and international spillovers of the Donbass war in Ukraine Presented by: Marica Valente, HU Berlin and DIW Berlin Multinationals and Development: Evidence from the United Fruit Company in Costa Rica Presented by: Esteban Méndez-Chacón, Cornell University Session 133: Intrahousehold Decisions August 28, 2018 16:30 to 17:45 Philosophikum: S65 Session Chair: Mette Gørtz, University of Copenhagen mette.gortz@econ.ku.dk Session type: EEA contributed Intra-household allocations with public goods: A new source of gender inequality Presented by: Mery Ferrando, Catholic University of Louvain How Do Mothers Manage? Universal Daycare, Child Skill Formation, and the Parental Time-Education Puzzle Presented by: Timea Laura Molnar, Analysis Group / Groupe d'Analyse (Montréal) Do you have time to take a walk together? Private and joint time within the household Presented by: Mette Gørtz, University of Copenhagen Session 134: Investment, Investment Finance and Regulation (EIB special contributed session) August 28, 2018 16:30 to 17:45 Seminargebäude: S15 Session Chair: Désirée Rückert, European Investment Bank d.rueckert@eib.org Session type: EEA contributed The Limits of Lending? Banks and Technology Adoption across Russia Presented by: Cagatay Bircan, EBRD Regulation, institutions and aggregate investment: New evidence from OECD countries Presented by: Balazs Egert, OECD Externality regulation and distributional concerns Presented by: Désirée Rückert, European Investment Bank Session 135: Labour Economics: Labour Contracts and Markets II August 28, 2018 16:30 to 17:45 Philosophikum: S54 Session Chair: Eduard Bruell, University of Heidelberg eduard.bruell@awi.uni-heidelberg.de Session type: EEA contributed Employment Protection, Temporary Contracts and Firm-provided Training: Evidence from Italy Presented by: Giovanni Sulis, University of Cagliari, Sardinia The Effect of Relaxed Dismissal Protection on Small German Establishments Presented by: Salwan Saif, University of Erlangen-Nürnberg Employment Protection and Fixed Term Contracts: Evidence from a German Reform Presented by: Eduard Bruell, University of Heidelberg Session 136: Labour Economics: Workers August 28, 2018 16:30 to 17:45 Philosophikum: S73 Session Chair: Matthias Collischon, FAU Erlangen-Nürnberg matthias.collischon@fau.de Session type: EEA contributed How Costly Are Privatizations for Workers? Presented by: Joacim Tåg, Research Institute of Industrial Economics (IFN) Employment effects of payroll tax subsidies Presented by: Regina Riphahn, FAU Erlangen-Nürnberg Can Personality Traits Explain Glass Ceilings? Presented by: Matthias Collischon, FAU Erlangen-Nürnberg Session 137: Monetary Policy and Communication II August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb Session Chair: Michael Lamla, ETH Zurich mlamla@essex.ac.uk Session type: EEA contributed Disentangling The Information And Forward Guidance Effect Of Monetary Policy Announcements On The Economy Presented by: Lars Other, Friedrich-Schiller-University Jena Forward Guidance at the Zero Lower Bound: Curse and Blessing of Time-Inconsistency Presented by: Gregor Boehl, Goethe University Frankfurt Central Bank Announcements: Big News for Little People? Presented by: Michael Lamla, ETH Zurich Session 138: Oligopoly Pricing August 28, 2018 16:30 to 17:45 Seminargebäude: S13 Session Chair: Thuc Huan Ha, CORE - Universite Catholique de Louvain huan.ha@uclouvain.be Session type: EEA contributed Buyer Power in Highly Competitive Industries Presented by: Tim Thomes, University of Duesseldorf Scraps collection for recycling how far should we go? Presented by: Thuc Huan Ha, CORE - Universite Catholique de Louvain Session 139: Real Effects of Liquidity August 28, 2018 16:30 to 17:45 Philosophikum: S55 Session Chair: Joris Tielens, KU Leuven joris.tielens@kuleuven.be Session type: EEA contributed Competition in Opaque Markets and Policy Trap Presented by: Taejin Kim, The Chinese University of Hong Kong Inefficient Liquidity Creation Presented by: Paul Schempp, University of Cologne Credit Supply Shock Propagation and Amplification in the Real Economy: Firm–Level Evidence Presented by: Joris Tielens, KU Leuven Session 140: Taxation and Public Utilities August 28, 2018 16:30 to 17:45 Seminargebäude: S14 Session Chair: Sebastian Tonke, University of Cologne tonke@wiso.uni-koeln.de Session type: EEA contributed The Ghost Of Institutions Past: History As An Obstacle To Fighting Tax Evasion Presented by: Aaron Kamm, New York University Abu Dhabi Accountability and taxation: Experimental evidence Presented by: Ingrid Sjursen, Centre for Applied Research at NHH (SNF) Using Behavioral Insights to Decrease Non-Payment for Water Presented by: Sebastian Tonke, University of Cologne Session 141: Taxes and Transfers I August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa Session Chair: Nawid Siassi, University of Konstanz Nawid.Siassi@uni-konstanz.de Session type: EEA contributed The Employment Effects of Corporate Tax Shocks: New Evidence and Some Theory Presented by: Vivien Lewis, KU Leuven Can subsidising job-related training reduce inequality? Presented by: Andrea Benecchi, University of Glasgow On the Optimal Reform of Income Assistance to Single Mothers Presented by: Nawid Siassi, University of Konstanz Session 142: Topics in Education August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII Session Chair: Mirjam Reutter, University of Hohenheim mirjam_reutter@uni-hohenheim.de Session type: EEA contributed Absence, Substitutability and Productivity. Evidence from Teachers Presented by: Asma Benhenda, University College London The Effect of Grade Retention on Secondary School Performance: Evidence from a Natural Experiment Presented by: Maria Ferreira Sequeda, Maastricht University Compressed Schooling and Leisure Activities: Impacts of the German G8 Reform Presented by: Mirjam Reutter, University of Hohenheim Session 143: Trade Integration August 28, 2018 16:30 to 17:45 Seminargebäude: S11 Session Chair: Ivan Ledezma, Université de Bourgogne ivan.ledezma-rodriguez@u-bourgogne.fr Session type: EEA contributed Home Country Bias in the Legal System: Empirical Evidence from the Intellectual Property Rights Protection in Canada Presented by: Andrey Stoyanov, York University Trade Exposure of Western Europe to China and Eastern Europe: A spatial econometric analysis of the effects on regional manufacturing employment from 1991-2011 Presented by: Wolf Heinrich Reuter, Staff of the German Council of Economic Experts Product-Market Integration with Endogenous Firm Heterogeneity. Presented by: Ivan Ledezma, Université de Bourgogne Session 144: Housing August 28, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E Session Chair: Wenli Li, Research wenli.li@phil.frb.org Session type: ES contributed Housing Price Network Effects from Public Transit Investment: Evidence from Vancouver Presented by: Alex Chernoff, Bank of Canada Imperfect Information, Learning and Housing Market Dynamics Presented by: Christophe BRUNEEL, Toulouse School of Economics Buying Up the Elm Street: Institutional Investors and the Recovery of the U.S. Housing Market Presented by: Wenli Li, Research Session 145: Business Cycles August 28, 2018 16:30 to 17:45 Seminargebäude: S26 Session Chair: Andrey Alexandrov, University of Mannheim andrey.alexandrov@gess.uni-mannheim.de Session type: ES contributed How much Keynes and how much Schumpeter? An estimated macro model of the US economy Presented by: Philipp Pfeiffer, Technische Universität Berlin & European Commission DG ECFIN Inflation Expectations and Nonlinearities in the Phillips Curve Presented by: Ricardo Nunes, University of Surrey Trends and Business Cycle Asymmetry Presented by: Andrey Alexandrov, University of Mannheim Session 146: Macroeconomics: Labour Markets and Search August 28, 2018 16:30 to 17:45 Seminargebäude: S16 Session Chair: Riccardo Zago, New York University r.zago87@gmail.com Session type: ES contributed Wage Cyclicalities and Labor Market Dynamics at the Establishment Level: Theory and Evidence Presented by: Christian Merkl, Friedrich-Alexander-Universität Erlangen-Nürnberg Search Capital and Unemployment Duration Presented by: Cristina Lafuente, University of Edinburgh Job Polarization, Skill Mismatch and the Great Recession Presented by: Riccardo Zago, New York University Session 147: Search and Matching in Money and Asset Markets August 28, 2018 16:30 to 17:45 Seminargebäude: S23 Session Chair: Yu Zhu, Bank of Canada zhuyuzlf57@gmail.com Session type: ES contributed Gradual Bargaining in Decentralized Asset Markets Presented by: Tai-Wei Hu, University of Bristol Inflation and Welfare in a Competitive Search Equilibrium with Asymmetric Information Presented by: Lorenzo Carbonari, Università di Roma "Tor Vergata" A Framework for Analyzing Monetary Policy in an Economy with E-money Presented by: Yu Zhu, Bank of Canada Session 148: Econometric Issues in Factor Models August 28, 2018 16:30 to 17:45 Seminargebäude: S25 Session Chair: Takashi Yamagata, University of York takashi.yamagata@york.ac.uk Session type: ES contributed Identification and Inference in a Vector autoregressive model with common frailty Presented by: Federico Carlini, Università della Svizzera Italiana Dynamic Term Structure Models with Score-Driven Time-Varying Parameters: Estimation and Forecasting Presented by: Marcin Zamojski, University of Gothenburg Testing for Alpha in Linear Factor Pricing Models with a Large Number of Securities Presented by: Takashi Yamagata, University of York Session 149: Survey Forecasts and Uncertainty August 28, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80 Session Chair: Elmar Mertens, Deutsche Bundesbank em@elmarmertens.com Session type: ES contributed From fixed-event to fixed-horizon density forecasts: professional forecasters' view on multi-horizon uncertainty Presented by: Gergely Ganics, Bank of Spain Skewness in macroeconomic forecasts Presented by: Sebastiano Manzan, Baruch College, CUNY Modeling Time-Varying Uncertainty of Multiple-Horizon Forecast Errors Presented by: Elmar Mertens, Deutsche Bundesbank Session 150: Treatment Effects August 28, 2018 16:30 to 17:45 Seminargebäude: S22 Session Chair: Martin Andresen, Statistics Norway martin.eckhoff.andresen@gmail.com Session type: ES contributed Inference in Instrumental Variables Analysis with Heterogeneous Treatment Effects Presented by: Michal Kolesar, Princeton University Valid Inference for Treatment Effect Parameters under Irregular Identification and Extreme Propensity Scores Presented by: Phillip Heiler, University of Konstanz Instrument-based estimation with binarized treatments: Issues and tests for the exclusion restriction Presented by: Martin Andresen, Statistics Norway Session 151: Gender and Development August 28, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum Session Chair: Danyan Zha, Columbia University dz2266@columbia.edu Session type: ES contributed Female Empowerment and Male Backlash Presented by: Eleonora Guarnieri, ifo Institute The Effect of Women's Education on Polygyny: School, Matching and the Marriage Market in Cameroon Presented by: Yannick Dupraz, University of Warwick Schooling Expansion and Marriage Market in Indonesia Presented by: Danyan Zha, Columbia University Session 152: Global Imbalances August 28, 2018 16:30 to 17:45 Philosophikum: S58 Session Chair: Ricardo Reyes-Heroles, Federal Reserve Board r.reyes.heroles@gmail.com Session type: ES contributed Trade-Driven Sectoral Upgrading and the Global Imbalances Presented by: Haiping Zhang, University of Auckland Financial integration and Global imbalances Presented by: Ning Zhang, University of Glasgow The Role of Trade Costs in the Surge of Trade Imbalances Presented by: Ricardo Reyes-Heroles, Federal Reserve Board Session 153: Experimentation August 28, 2018 16:30 to 17:45 Philosophikum: S57 Session Chair: Gregorio Curello, University of Oxford gregorio.curello@stx.ox.ac.uk Session type: ES contributed Strategic observation with exponential bandits Presented by: Lucie Menager, Université Paris II Strategic Experimentation with Humped Bandits Presented by: Svetlana Boyarchenko, University of Texas-Austin Incentives for Public Experimentation Presented by: Gregorio Curello, University of Oxford Session 154: Funding Shocks August 28, 2018 16:30 to 17:45 Philosophikum: S63 Session Chair: Martin Strieborny, Lund University strieborny@gmail.com Session type: ES contributed Bank funding shocks and firm performance: New evidence from the sovereign debt crisis Presented by: Serafeim Tsoukas, University of Glasgow Import Competition and Household Debt Presented by: Julien Sauvagnat, Bocconi University Stock Market Liberalizations and Export Dynamics Presented by: Martin Strieborny, Lund University Session 155: Ambiguity Aversion and Collateral Constraints August 28, 2018 16:30 to 17:45 Philosophikum: S78 Session Chair: Nina Boyarchenko, Federal Reserve Bank of New York nina.boyarchenko@ny.frb.org Session type: ES contributed Best Friend or Worst Enemy--Dynamics and Multiple Equilibria of Arbitrage, Production and Collateral Constraints Presented by: Ally Quan Zhang, Swiss Finance Institute and University of Zurich Information Inertia Presented by: Jayant Ganguli, University of Essex Ambiguous trade-offs:An application to climate change Presented by: Nina Boyarchenko, Federal Reserve Bank of New York Session 156: Empirical Strategies in Demand Estimation August 28, 2018 16:30 to 17:45 Philosophikum: S76 Session Chair: Christian Michel, Universitat Pompeu Fabra christian.michel@upf.edu Session type: ES contributed Reliable Estimation of Random Coefficient Logit Demand Models Presented by: Florian Heiss, University of Duesseldorf Instrument-Free Demand Estimation Presented by: Alexander MacKay, Harvard University Estimating Firm Conduct in Differentiated Products Markets Presented by: Christian Michel, Universitat Pompeu Fabra Session 157: Advances in Games and Learning August 28, 2018 16:30 to 17:45 Philosophikum: S69 Session Chair: Ignacio Monzon, Collegio Carlo Alberto ignacio@carloalberto.org Session type: ES contributed How to Play Out of Equilibrium: Beating the Average Presented by: Karl Schlag, University of Vienna Incentive-Compatible Estimators Presented by: Ran Spiegler, Tel Aviv University and University College London Observational Learning in Large Anonymous Games Presented by: Ignacio Monzon, Collegio Carlo Alberto Session 158: Persuasion and Mechanism Design August 28, 2018 16:30 to 17:45 Philosophikum: S66 Session Chair: Andy Zapechelnyuk, University of St Andrews az48@st-andrews.ac.uk Session type: ES contributed Persuading to Participate: Mechanism Design with Informational Punishment Presented by: Johannes Schneider, Universidad Carlos III de Madrid Disclosure and Pricing of Attributes Presented by: Alex Smolin, University of Bonn A Delegation Approach to Monotone Persuasion Presented by: Andy Zapechelnyuk, University of St Andrews Session 159: Starting Ventures August 28, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B Session Chair: Pierre Dubois, University of Toulouse pierre.dubois@tse-fr.eu Session type: plenary Starting Ventures Presented by: Jeremy Greenwood, University of Pennsylvania Session 160: Poster Session II August 29, 2018 9:00 to 17:45 Hörsaalgebäude, Ground Floor Session Chair: Timo Reinelt, University of Mannheim timo.reinelt@gess.uni-mannheim.de Session type: EEA contributed Shadow Bank run: The Story of a Recession Presented by: Hamed Ghiaie, Universite de Cergy-Pontoise Housing boom-bust cycles and asymmetric macroprudential policy Presented by: William Gatt, University of Nottingham Why Do Students Enroll in Science, Technology, Engineering, and Mathematics (STEM)? Evidence from a Large-Scale Targeted Intervention in the Amsterdam Metropolitan Area Presented by: Melline Somers, Maastricht University Coupled Lotteries - A New Method to Analyze Inequality Aversion Presented by: Melanie Koch, DIW Berlin The Macroeconomic Effects of Beliefs about TFP Presented by: Timo Reinelt, University of Mannheim Session 161: Asset Pricing II August 29, 2018 9:00 to 10:15 Philosophikum: S54 Session Chair: Moritz Lukas, University of Hamburg moritz.lukas@uni-hamburg.de Session type: EEA contributed The Cross-Section of Risk and Return Presented by: Lira Mota, Columbia University Why has Idiosyncratic Risk been Historically Low in Recent Years? Presented by: Sohnke Bartram, University of Warwick All That Glitters is Not Gold: Asymmetric Investor Attention in the Stock Market Presented by: Moritz Lukas, University of Hamburg Session 162: Behavioural Responses to Retirement Pensions August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XVIII Session Chair: Thomas Middleton, University of Kent tm462@kent.ac.uk Session type: EEA contributed The Retirement-Consumption Puzzle and the German Pension System - A Regression Discontinuity Approach Presented by: Hermann Buslei, DIW Berlin The Effect of Retirement Pensions on Fertility: Evidence from a Natural Experiment in Brazil Presented by: Lennard Zyska, Katholische Universität Eichstätt-Ingolstadt Lifting the Lid on ISAs Presented by: Thomas Middleton, University of Kent Session 163: Currency Risk and Global Risk Sharing August 29, 2018 9:00 to 10:15 Seminargebäude: S11 Session Chair: Tobias Stöhr, Kiel Institute for the World Economy and DIW Berlin tobias.stoehr@ifw-kiel.de Session type: EEA contributed Missing Risk Sharing from International Transmission through Product Quality and Variety Presented by: Masashige Hamano, Waseda University Global Liquidity and Exchange Market Pressure in Emerging Market Economies Presented by: Oliver Hossfeld, Deutsche Bundesbank Systematic Intervention and Currency Risk Premia Presented by: Tobias Stöhr, Kiel Institute for the World Economy and DIW Berlin Session 164: Development: Credit and Savings II August 29, 2018 9:00 to 10:15 Seminargebäude: S14 Session Chair: Oswaldo Molina, Universidad del Pacifico o.molinac@up.edu.pe Session type: EEA contributed Insurance Networks and Poverty Traps Presented by: Arun Advani, Warwick/IFS Matching for Credit: Testing Market Rules Across Models of Joint-Liability Lending Presented by: Thilo Klein, ZEW - Leibniz Centre for European Economic Research Credit allocation in response to an aggregate shock. Evidence from local credit networks and the Indian Ocean Tsunami Presented by: Kristina Czura, University of Munich (LMU) Can public policies change risk aversion? The unexpected effects of a property titling program Presented by: Oswaldo Molina, Universidad del Pacifico Session 165: Economic and Political Outcomes August 29, 2018 9:00 to 10:15 Philosophikum: S55 Session Chair: Alexander Donges, University of Mannheim donges@uni-mannheim.de Session type: EEA contributed Financial Crisis, Creditor-Debtor Conflict, and Political Extremism Presented by: Gyozo Gyongyosi, Kiel Institute for the World Economy Redistribution, Polarization, and Ideology Presented by: Rosalia Greco, Bocconi University The Impact of Institutions on Innovation Presented by: Alexander Donges, University of Mannheim Session 166: Economics of the Firm I August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal VIIb Session Chair: Victor Hiller, Université Panthéon Assas victor.hiller@u-paris2.fr Session type: EEA contributed An Experiment on Partial Cross-Ownership in Oligopolistic Markets Presented by: Volker Benndorf, Goethe-Universität Frankfurt The Choice of Brand Licensing Under Double-sided Moral Hazard Presented by: Emanuele Bacchiega, University of Bologna Corporate Social Responsibility and workers' motivation at the industry equilibrium Presented by: Victor Hiller, Université Panthéon Assas Session 167: Financial Factors in Business Cycles II August 29, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal D Session Chair: Jean-François Rouillard, Université de Sherbrooke j-f.rouillard@usherbrooke.ca Session type: EEA contributed Shadow Banking and Business Cycles Presented by: Patrick Fève, Toulouse School of Economics Capital Market Integration, Financial Crises, And Business Cycle Synchronisation Presented by: Paul Berenberg-Gossler, Hertie School of Governance Household Borrowing Constraints and Residential Investment Dynamics Presented by: Jean-François Rouillard, Université de Sherbrooke Session 168: Fundamental Issues in Climate Policy I August 29, 2018 9:00 to 10:15 Seminargebäude: S12 Session Chair: Christian Traeger, University of Oslo, Norway traeger@berkeley.edu Session type: EEA contributed The Carbon Abatement Game Presented by: Holger Kraft, Goethe-University, Frankfurt am Main Choosing in the Dark: Incomplete Preferences, and Climate Policy Presented by: Elizabeth Baldwin, Oxford University Prices versus Quantities Revisited Presented by: Christian Traeger, University of Oslo, Norway Session 169: Impacts of Immigration August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XIb Session Chair: elisabetta pasini, queen mary university of london e.pasini@qmul.ac.uk Session type: EEA contributed The effect of refugee accommodation on the local housing market Presented by: Lea Eilers, RWI – Leibniz Institute for Economic Research Who with Whom? Untangling the Effect of High-Skilled Immigration on Innovation Presented by: Christoph Wigger, University of Cologne Migration and competition for schools: evidence from primary education in England Presented by: elisabetta pasini, queen mary university of london Session 170: Information Economics August 29, 2018 9:00 to 10:15 Seminargebäude: S24 Session Chair: Matthew Robertson, University of Strathclyde matthew.robertson.100@strath.ac.uk Session type: EEA contributed Information Design for the Dual Self Presented by: Nora Szech, Karlsruhe Institute of Technology Information Aggregation in Multidimensional Cheap Talk Presented by: Daniel Habermacher, The University of Warwick Signalling with Endogenous Private Information Presented by: Matthew Robertson, University of Strathclyde Session 171: Investor Behaviour and the Stock Market I August 29, 2018 9:00 to 10:15 Philosophikum: S82 Session Chair: Vesa Pursiainen, The University of Hong Kong vesa@hku.hk Session type: EEA contributed Economic Policy Uncertainty and Stock Market Participation Presented by: Eniko Gábor-Tóth, Deutsche Bundesbank When Paper Losses Get Physical: Domestic Violence and Stock Returns Presented by: Vesa Pursiainen, The University of Hong Kong Session 172: Labour Economics: Policies August 29, 2018 9:00 to 10:15 Philosophikum: S73 Session Chair: Ann Bauer, University of Fribourg annbarbara.bauer@unifr.ch Session type: EEA contributed Are business start-ups liquidity constrained? Evidence from a quasi experimental allocation of housing wealth in East Germany Presented by: Georg Gebhardt, University Ulm Worsening Workers' Health by Lowering Retirement Age: The Malign Consequences of a Benign Reform Presented by: Ann Bauer, University of Fribourg Session 173: Legislative Politics August 29, 2018 9:00 to 10:15 Philosophikum: S83 Session Chair: Jonas Klarin, Uppsala University jonas.klarin@nek.uu.se Session type: EEA contributed Random Interactions in the Chamber: Legislators’ Behavior and Political Distance Presented by: Alessandro Saia, University of Lausanne Electoral Institutions and Intra-party Organization Presented by: Konstantinos Matakos, King's College London The Effect on the Public Finances of Increasing the Term Length for U.S. Governors Presented by: Jonas Klarin, Uppsala University Session 174: Macroeconomics of Ownership and Fertility August 29, 2018 9:00 to 10:15 Seminargebäude: S15 Session Chair: Nils Grevenbrock, grevenbrock@safe.uni-frankfurt.de Session type: EEA contributed Low Homeownership in Germany - A Quantitative Exploration Presented by: Edgar Preugschat, Technical University of Dortmund The Fertility-Income Relationship and Government Policy Presented by: Minchul Yum, University of Mannheim Sharing is Caring: Homeownership Rates, Housing Policies, and Intra-Family Transfers Presented by: Nils Grevenbrock, Session 175: Macroeconomics: Heterogenous Agents August 29, 2018 9:00 to 10:15 Seminargebäude: S13 Session Chair: Edoardo Palombo, Queen Mary University e.palombo@qmul.ac.uk Session type: EEA contributed HETEROGENEITY IN NOMINAL PRICE RIGIDITY AND RETURNS TO SCALE Presented by: MOHAMED DIABY, University of Nottingham Taste Heterogeneity, Elasticity of Substitution and Green Growth Presented by: Jan Witajewski-Baltvilks, Institute for Structural Research Policy Uncertainty and Missallocation in Brexit UK Presented by: Edoardo Palombo, Queen Mary University Session 176: Macroprudential Policy August 29, 2018 9:00 to 10:15 Philosophikum: S65 Session Chair: Jana Ohls, Deutsche Bundesbank jana.ohls@bundesbank.de Session type: EEA contributed Macroprudential policy and the housing market: Evidence from the UK Presented by: Arzu Uluc, Bank of England Credit Guarantees and New Banking Relationships Presented by: Patricio Toro, Central Bank of Chile Moral Suasion in Regional Government Debt markets Presented by: Jana Ohls, Deutsche Bundesbank Session 177: Monetary Policy and the Banking Sector August 29, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal G Session Chair: Fiorella De Fiore, European Central Bank fiorella.de_fiore@ecb.int Session type: EEA contributed MONETARY POLICY AND THE HEALTH OF BANKS Presented by: Alexander Jung, European Central Bank A Theory of Reserve Requirement Presented by: Chengbo Xie, SWUFE Uncertainty, Financial Conditions and the Zero-Lower Bound Presented by: Fiorella De Fiore, European Central Bank Session 178: Student Enrollment August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XIa Session Chair: Franziska Hampf, Ifo Institute hampf@ifo.de Session type: EEA contributed Where is the subsidy going? Using administrative data to value English income contingent student loans by subject and university Presented by: Laura van der Erve, Institute for Fiscal Studies Tuition subsidies and overeducation Presented by: Ciprian Domnisoru, Carnegie Mellon University Out of Necessity: Educational Decision and Skill Formation when Graduating during a Recession Presented by: Franziska Hampf, Ifo Institute Session 179: Tax Evasion August 29, 2018 9:00 to 10:15 Philosophikum: S67 Session Chair: Adrien Bussy, LSE a.bussy@lse.ac.uk Session type: EEA contributed Increasing tax transparency: Investor reactions to the country-by-country reporting requirement for EU financial institutions Presented by: Heiko Vay, University of Mannheim Intertemporal Income Shifting: Evidence from Small Business Owners Presented by: Thomas Pope, Institute for Fiscal Studies Evasion Behaviors in International Trade Presented by: Adrien Bussy, LSE Session 180: Taxes and Transfers II August 29, 2018 9:00 to 10:15 Seminargebäude: S01 Session Chair: Christopher Krause, Karlsruhe Institute of Technology (KIT) christopher.krause@kit.edu Session type: EEA contributed The Effects of Tax Changes on Economic Activity: A Narrative Approach to Frequent Anticipations Presented by: Sandra Garcia-Uribe, Banco de España Envelope Wages, Hidden Production and Labor Productivity Presented by: Alessandro Di Nola, University of Konstanz Borrowing constraints, equilibrium default, and progressive taxation Presented by: Christopher Krause, Karlsruhe Institute of Technology (KIT) Session 181: Work and Performance August 29, 2018 9:00 to 10:15 Philosophikum: S92 Session Chair: Jonas Radbruch, radbruch@iza.org Session type: EEA contributed Ignoring Good Advice Presented by: David Ronayne, University of Oxford The impact of self-selection on performance Presented by: Lukas Kiessling, University of Bonn Cognitive Foundations of Passive Choices Presented by: Jonas Radbruch, Session 182: Economics of War August 29, 2018 9:00 to 10:15 Philosophikum: S58 Session Chair: Jian Li, University of Luxembourg jian.li@uni.lu Session type: ES contributed Shocking Racial Attitudes: Black G.I.s in Europe Presented by: David Schindler, Tilburg University Rebel Capacity and Randomized Combat Presented by: Konstantin Sonin, University of Chicago The Long Shadows of War in China: Battle Shocks in Early Life and Health/Wealth Accumulation Presented by: Jian Li, University of Luxembourg Session 183: Immigration, Crime and Public Policies August 29, 2018 9:00 to 10:15 Seminargebäude: S25 Session Chair: Katrien Stevens, University of Sydney katrien.stevens@sydney.edu.au Session type: ES contributed Borrowing Constraints, Migrant Selection, and the Dynamics of Return and Repeat Migration Presented by: Joseph-Simon Goerlach, Bocconi University Immigration and Crime: The 2015 Refugee Crisis in Germany Presented by: Yue Huang, Otto-von-Guericke Universität Magdeburg When Situational Crime Prevention Measures Result in the Displacement of Crime Presented by: Katrien Stevens, University of Sydney Session 184: Human Capital and Growth August 29, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal E Session Chair: Joseph Kopecky, University of California, Davis jvkopecky@ucdavis.edu Session type: ES contributed Health and Economic Growth: Reconciling the Micro and Macro Evidence Presented by: Rainer Kotschy, LMU Munich Optimal human capital bequeathing Presented by: Julio Dávila, Université catholique de Louvain An aging dynamo: demographic change and the decline of entrepreneurial activity in the United States Presented by: Joseph Kopecky, University of California, Davis Session 185: Firm Dynamics and Information August 29, 2018 9:00 to 10:15 Seminargebäude: S22 Session Chair: Marco Bonomo, Insper bonomo@insper.edu.br Session type: ES contributed Firms, uncertainty, and risk externalities Presented by: Felipe Iachan, FGV Rational Expectations with Endogenous Information Presented by: Jonathan Adams, University of Florida Persistent Monetary Non-neutrality in an Estimated Model with Menu Costs and Partially Costly Information Presented by: Marco Bonomo, Insper Session 186: Identification and Macroeconomic Policy Analysis August 29, 2018 9:00 to 10:15 Seminargebäude: Tagungsraum Session Chair: Christian Wolf, Princeton University ckwolf@princeton.edu Session type: ES contributed Time Varying Structural Vector Autoregressions: Some New Perspective Presented by: Andrzej Kociecki, Narodowy Bank Polski Shrinkage in Set-Identified SVAR Presented by: Alessio Volpicella, Queen Mary University Instrumental Variable Identification of Dynamic Variance Decompositions Presented by: Christian Wolf, Princeton University Session 187: Developments in Time Series August 29, 2018 9:00 to 10:15 Seminargebäude: S16 Session Chair: Otilia Boldea, Tilburg University O.Boldea@uvt.nl Session type: ES contributed Bayesian Inference of Threshold Vector Autoregressive Models Presented by: Gabriel Bruneau, Bank of Canada Skewness-Adjusted Bootstrap Confidence Intervals and Confidence Bands for Impulse Response Functions in Small Samples Presented by: Daniel Grabowski, Justus-Liebig University Giessen Break Point Estimation in Fixed Effects Panel Data Presented by: Otilia Boldea, Tilburg University Session 188: Factor Models August 29, 2018 9:00 to 10:15 Seminargebäude: S26 Session Chair: Fang Duan, TU Dortmund University fang.duan.hu@gmail.com Session type: ES contributed Nonlinear dynamic factor models with interacting level and variance Presented by: Bernd Schwaab, European Central Bank Linear Errors-in-Variables and Dependent Factor Models Presented by: Dan Ben-Moshe, Hebrew University of Jerusalem Model and Moment Selection in Factor Copula Models Presented by: Fang Duan, TU Dortmund University Session 189: Nonstandard Testing Problems August 29, 2018 9:00 to 10:15 Seminargebäude: S23 Session Chair: Frank Kleibergen, University of Amsterdam F.R.Kleibergen@uva.nl Session type: ES contributed Testing distributional assumptions using a continuum of moments Presented by: Dante Amengual, CEMFI Power in High-Dimensional Testing Problems Presented by: David Preinerstorfer, Université libre de Bruxelles Inference in second-order identified models Presented by: Frank Kleibergen, University of Amsterdam Session 190: Knowledge and Beliefs August 29, 2018 9:00 to 10:15 Philosophikum: Hörsaal H 80 Session Chair: Patrick Schmidt, HITS patrick.schmidt@h-its.org Session type: ES contributed Rationalizability and Epistemic Priority Orderings Presented by: Emiliano Catonini, Higher School of Economics Beliefs, Plans, and Perceived Intentions in Dynamic Games Presented by: Nicodemo De Vito, Bocconi University Belief Elicitation with Multiple Point Predictions Presented by: Patrick Schmidt, HITS Session 191: Behavioural Decision Theory August 29, 2018 9:00 to 10:15 Philosophikum: S85 Session Chair: Maria Jose Boccardi, New York University Abu Dhabi mb6610@nyu.edu Session type: ES contributed Source Dependent Preferences Presented by: Julian Hackinger, Technical University of Munich Conformity: an axiomatic approach Presented by: Daniel Sanchez-Moscona, Universitat Pompeu Fabra What Can Be Learned from Behavior? Predictive Ability in Discrete Choice Environments Presented by: Maria Jose Boccardi, New York University Abu Dhabi Session 192: Cooperation August 29, 2018 9:00 to 10:15 Philosophikum: S66 Session Chair: Wladislaw Mill, Friedrich-Schiller-Universität Jena wladislaw.mill@uni-jena.de Session type: ES contributed Information Transmission in a Social Network: A Controlled Field Experiment. Presented by: Tiziano Rotesi, Bocconi University Conditional cooperation and the effect of punishment Presented by: Wladislaw Mill, Friedrich-Schiller-Universität Jena Session 193: Regulations August 29, 2018 9:00 to 10:15 Philosophikum: S69 Session Chair: Kyle Dempsey, The Ohio State University dempsey.164@osu.edu Session type: ES contributed Limited Credit Records and Endogenous Credit Cycles Presented by: Sergei Kovbasyuk, Einaudi Institute for Economics and Finance Macroprudential Capital Requirements with Non-Bank Finance Presented by: Kyle Dempsey, The Ohio State University Session 194: Rare Disasters August 29, 2018 9:00 to 10:15 Philosophikum: S76 Session Chair: Fang Liu, Cornell University fl357@cornell.edu Session type: ES contributed Risk of Rare Disasters, Euler Equation Errors and the Performance of the C-CAPM Presented by: Olaf Posch, Universität Hamburg Disastrous Defaults Presented by: Sarah Mouabbi, Banque de France A Forward-Looking Factor Model for Volatility: Estimation and Implications for Predicting Disasters Presented by: Fang Liu, Cornell University Session 195: Sovereign Risk August 29, 2018 9:00 to 10:15 Philosophikum: S63 Session Chair: Hyungseok Joo, Wayne State University hsjoo214@gmail.com Session type: ES contributed Fiscal Policy, Sovereign Risk, and Unemployment Presented by: Ignacio Presno, Federal Reserve Board Sovereign Debt Overhang, Expenditure Portfolio, and Debt Restructurings Presented by: Hyungseok Joo, Wayne State University Session 196: Vertical Relationships August 29, 2018 9:00 to 10:15 Philosophikum: S57 Session Chair: Pilar Alcalde, Universidad de Los Andes, Chile p.alcalde.e@gmail.com Session type: ES contributed Regulatory risk, vertical integration, and upstream investment Presented by: Dongyu Guo, University of Duisburg-Essen Supplier Encroachment and Consumer Welfare: Upstream Firm’s Opportunism and Multichannel Distribution Presented by: Cong Pan, Nagoya University of Commerce & Business Intermediary Commissions in a Regulated Market with Heterogeneous Customers Presented by: Pilar Alcalde, Universidad de Los Andes, Chile Session 197: Agricultural Development and Quality of Life August 29, 2018 10:45 to 12:45 Philosophikum: S82 Session Chair: Anca Voia, Toulouse School of Economics anca_voia@yahoo.com Session type: EEA contributed Why Natural Disasters Do Not Lead to Exports Disasters in Developing Countries Presented by: Hajare El Hadri, Université d'Orléans Land Fragmentation, Land Consolidation and Agricultural Productivity: Evidence from France Presented by: Jacint Enrich Moya, Toulouse School of Economics (TSE) When power plants leave town: Environmental quality and the housing market in China Presented by: Manuel Hernandez, IFPRI The Human Capital Cost of Radiation: Long-run Evidence from Exposure outside the Womb Presented by: Florian Wozny, Are Conservation Programs Additional? Evidence from the French Grassland Conservation Program Presented by: Anca Voia, Toulouse School of Economics Session 198: Capital Taxation August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal G Session Chair: Uwe Thuemmel, Erasmus University Rotterdam u.thuemmel@tinbergen.nl Session type: EEA contributed Two-Sided Capital Taxes Presented by: Markus Sihvonen, Aalto University, School of Business Equity and efficiency effects of land value taxation Presented by: Gregor Schwerhoff, Mercator Research Institute on Global Commons and Climate Change (MCC) Unintended technology-bias in corporate income taxation - the case of electricity generation in the low-carbon transition Presented by: Luisa Dressler, OECD Small firms and tax incentives: Effects on (real) economic outcomes Presented by: Aliisa Koivisto, University of Helsinki Optimal Taxation of Robots Presented by: Uwe Thuemmel, Erasmus University Rotterdam Session 199: Children's Health August 29, 2018 10:45 to 12:45 Philosophikum: S73 Session Chair: Florencia Borrescio Higa, Universidad Adolfo Ibanez florencia.borrescio@uai.cl Session type: EEA contributed The Impact of Children’s Disabilities on Families Presented by: Herdis Steingrimsdottir, Copenhagen Business School Nutrition, WASH and Child Physical Growth Presented by: Bansi Malde, University of Kent The health effects of early interventions: Evidence from Sure Start Presented by: Christine Farquharson, Institute for Fiscal Studies Long-run Health and Mortality Effects of Exposure to Universal Health Care at Birth Presented by: Tanya Wilson, University of Stirling Inequality, Relative Income and Newborn Health Presented by: Florencia Borrescio Higa, Universidad Adolfo Ibanez Session 200: Cooperation August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal VIIa Session Chair: Teresa Backhaus, WZB teresa.backhaus@wzb.eu Session type: EEA contributed The Effect of Positive Mood on Cooperation in Repeated Interaction Presented by: Daniel Sgroi, University of Warwick Mental Accounting of Public Funds - The Flypaper Effect in the Lab Presented by: Daniel Hopp, University of Muenster When to Leave Carrots for Sticks: On the Evolution of Sanctioning Institutions in Open Communities Presented by: Marina Chugunova, University of Hamburg Voting on the Threat of Exclusion in a Public Goods Experiment Presented by: Sonja Zitzelsberger, University of Kassel God does not play dice, but do we? On the determinism of choice in long-run interactions Presented by: Teresa Backhaus, WZB Session 201: Development: Labour August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIII Session Chair: Margaryta Klymak, Trinity College Dublin klymakm@tcd.ie Session type: EEA contributed The impacts of rural electrification on labor supply, income and health: experimental evidence with solar lamps in Tanzania Presented by: Nicholas Barton, Universität Mannheim Job referrals and strategic network formation - Experimental evidence from urban neighbourhoods in Ethiopia Presented by: Marc Witte, University of Oxford The Impact of Unconditional Cash Transfers on Informality: Evidence from South Africa's Child Support Grant Presented by: Alessandro Tondini, Paris School of Economics Wage employment, unemployment and self-employment across countries Presented by: Markus Poschke, McGill The Effect of Foreign Competition on Family and Network Labour Allocation Presented by: Margaryta Klymak, Trinity College Dublin Session 202: Development: Long Run Growth August 29, 2018 10:45 to 12:45 Philosophikum: S67 Session Chair: Thi Kim Cuong PHAM, BETA, University of Strasbourg kim.pham@unistra.fr Session type: EEA contributed Patterns of Agricultural Production and Long-run Development in Argentina’s Fertile Plains, 1914-1994 Presented by: Federico Droller, Universidad de Santiago de Chile Ethnic Geography: Measurement and Evidence Presented by: Roland Hodler, University of St.Gallen Rural exodus and long run growth: theory and structural estimations Presented by: Thomas Baudin, IESEG School of Management Structural Transformation and Spillovers from Industrial Areas Presented by: David Blakeslee, New York University - Abu Dhabi Effects of foreign aid on the recipient country’s economic growth Presented by: Thi Kim Cuong PHAM, BETA, University of Strasbourg Session 203: Education and Household Outcomes August 29, 2018 10:45 to 12:45 Philosophikum: S92 Session Chair: Simon Oster, Bergische Universität Wuppertal oster@wiwi.uni-wuppertal.de Session type: EEA contributed Expected Fertility and Educational Investment: Evidence from the One-Child Policy in China Presented by: Eva Raiber, Toulouse School of Economics Fertility Effects of College Education: Evidence from the German Educational Expansion Presented by: Daniel Kamhoefer, Paderborn University The Equilibrium Marriage Market Effect of a Major Educational Reform: The Role of Unobserved Ability Presented by: Dan Anderberg, University of London Talent matters: Evidence from Mathematics Presented by: Patrick Gaule, University of Bath Early Detection of Students at Risk - Predicting Student Dropouts Using Administrative Student Data and Machine Learning Methods Presented by: Kerstin Schneider, University of Wuppertal Session 204: Environmental Decisions by Individual and Firms August 29, 2018 10:45 to 12:45 Philosophikum: S83 Session Chair: Corrado Di Maria, University of East Anglia c.di-maria@uea.ac.uk Session type: EEA contributed Information Provision for Residential Energy Conservation Presented by: Mark Andor, RWI - Leibniz Institute for Economic Research Energy-Efficiency Policy and its Effects at the Intensive and at the Extensive Investment Margins with Heterogenous Households Presented by: Achim Voss, University of Hamburg Do parents counter-balance the carbon emissions of their children? Presented by: Jonas Nordström, University of Copenhagen SHARE OWNERSHIP DISTRIBUTION AND NATURAL RESOURCE EXTRACTION Presented by: Thomas Renstrom, Durham University Business School Energy Prices and Biased Innovation: New Evidence from the U.S. Metal Industry Presented by: Corrado Di Maria, University of East Anglia Session 205: Environmental Policy and Fiscal Policy August 29, 2018 10:45 to 12:45 Philosophikum: S55 Session Chair: Marco Runkel, University of Technology Berlin marco.runkel@tu-berlin.de Session type: EEA contributed Optimal climate and fiscal policy in an OLG economy Presented by: Richard Jaimes, Tilburg University Second-Best Taxation for a Polluting Monopoly with Abatement Investment Presented by: Santiago Rubio, University of Valencia Strategic Environmental Policy under Emissions Leakage and Firm Mobility Presented by: Robert Schmidt, TU Kaiserslautern CAFE in the City - A Spatial Analysis of Fuel Economy Standards and Fuel Taxes Presented by: Waldemar Marz, Ifo Institute Climate Policy and Optimal Public Debt Presented by: Marco Runkel, University of Technology Berlin Session 206: FDI Knowledge Transfer and Wage Premium August 29, 2018 10:45 to 12:45 Seminargebäude: S12 Session Chair: Lukas Kuld, Trinity College Dublin kuldl@tcd.ie Session type: EEA contributed Uncertainty, Imperfect Information and Learning in the International Market Presented by: Tatsuro Senga, Queen Mary University of London Foreign Direct Investment and Knowledge Diffusion in Poor Locations: Evidence from Ethiopia Presented by: Michel Serafinelli, University of Essex The Role of Management Practices in Acquisitions and Greenfield FDI Presented by: Marcus Biermann, London School of Economics Wage Inequality and the Role of Multinational Firms: Evidence from German Linked Employer-Employee Data Presented by: Sarah Schröder, University of Edinburgh No place like home - home bias in the dissemination of economic research articles Presented by: Lukas Kuld, Trinity College Dublin Session 207: Finance and Macroeconomics August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal D Session Chair: Fernando Eguren Martin, Bank of England fer_eguren@hotmail.com Session type: EEA contributed The Leased Capital Premium Presented by: Chi-Yang TSOU, Hong Kong University of Science and Technology (HKUST) A Likelihood-Based Comparison of Macro Asset Pricing Models Presented by: Andrew Chen, Federal Reserve Board What Drives Q and Investment Fluctuations? Presented by: Ilan Cooper, BI Norwegian Business School How Learning from Macroeconomic Experiences Shapes the Yield Curve Presented by: Kasper Jørgensen, Aarhus University and CREATES No-Arbitrage Pricing of GDP-Linked Bonds Using Dividend Swaps Presented by: Fernando Eguren Martin, Bank of England Session 208: Growth Fertility and Climate Change August 29, 2018 10:45 to 12:45 Philosophikum: S54 Session Chair: Gregor Semieniuk, SOAS University of London gregorsem@gmail.com Session type: EEA contributed Family Planning and Climate Change Presented by: Veronica Lupi, University of Milan Climate change and the endogenous accumulation of knowledge stocks driving economic growth: An application of the DICE model Presented by: Anna Ciesielski, ifo Institute Environmental policy stringency and industrial productivity growth: A varying coefficient cost function approach Presented by: Ou Yang, The University of Melbourne Closing the Loop in a Circular Economy: Saving Resources or Suffocating Innovations? Presented by: Sjak Smulders, Tilburg University Energy in economic growth: is faster growth greener? Presented by: Gregor Semieniuk, SOAS University of London Session 209: History of Growth and Financial Capacity August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIIb Session Chair: Dmitry Kuvshinov, University of Bonn s3dmkuvs@uni-bonn.de Session type: EEA contributed The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era Presented by: Stephan Luck, Federal Reserve Board Booms and Busts in Housing Markets: Prices and Turnover in Amsterdam, 1582-1810 Presented by: Matthijs Korevaar, Maastricht University The Rate of Return on Everything, 1870–2015 Presented by: Dmitry Kuvshinov, University of Bonn Session 210: History of State Capacity August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIa Session Chair: Christian Dippel, University of California, Los Angeles christian.dippel@anderson.ucla.edu Session type: EEA contributed Long-Lasting Social Capital: The Legacy of the Commons Presented by: Daniel Montolio, University of Barcelona (Spain) Slaves, Migrants and the Development of Fiscal Capacity and Public Goods Provision in Brazil Presented by: Andrea Papadia, European University Institute Lord of the Lemons.Origins and Dynamics of State Capacity Presented by: Fabian Wahl, University of Hohenheim The Long-Term Costs of Government Surveillance: Insights from Stasi Spying in East Germany Presented by: Max Löffler, University of Cologne Leadership and Social Norms: Evidence from the Forty-Eighters in the Civil War Presented by: Christian Dippel, University of California, Los Angeles Session 211: Income Shocks and Consumption August 29, 2018 10:45 to 12:45 Philosophikum: S65 Session Chair: Sam Cosaert, LISER sam.cosaert@liser.lu Session type: EEA contributed Anticipated Income Decline and Consumption: Evidence from a Natural Experiment in Serbia Presented by: Dragan Filimonovic, University of Basel Household Income Uncertainty, Consumption and Wealth: Nonlinear Patterns in the Spanish Survey of Household Finances Presented by: Laura Hospido, Banco de España and IZA Euler Equations, Subjective Expectations and Income Shocks Presented by: Krisztina Molnar, Norwegian School of Economics (NHH) Underpinning Linder: Why do countries with similar incomes actually have the same spending patterns? Evidence from the developing world Presented by: Elena Stepanova, Sant'Anna School of Advanced Studies Individual welfare analysis for collective households Presented by: Sam Cosaert, LISER Session 212: Innovation and Patenting August 29, 2018 10:45 to 12:45 Seminargebäude: S01 Session Chair: Hanna Hottenrott, Technical University of Munich hanna.hottenrott@tum.de Session type: EEA contributed Disclosure and Subsequent Innovation: Evidence from the Patent Depository Library Program Presented by: Markus Nagler, Ludwig Maximilians University of Munich The Impact of EU Grants for Research and Innovation on Private Firms’ Performance Presented by: Gábor Kátay, European Commission, Joint Research Centre (JRC) Financial incentives for open source development: the case of Blockchain Presented by: Andrea Canidio, IMT Lucca & INSEAD Competing with Big Data Presented by: Christoph Schottmueller, University of Copenhagen The Role of Public Research in the Innovation Performance of New Technology Based Firms Presented by: Hanna Hottenrott, Technical University of Munich Session 213: Interest Rate Dynamics August 29, 2018 10:45 to 12:45 Seminargebäude: S14 Session Chair: Federic Holm-Hadulla, European Central Bank federic.holm-hadulla@ecb.int Session type: EEA contributed Why so low for so long? A long-term view of real interest rates Presented by: Phurichai Rungcharoenkitkul, BIS Dissecting long-term Bund yields in the run-up to the ECB's Public Sector Purchase Programme Presented by: Wolfgang Lemke, European Central Bank A Model of the Federal Funds Market: Yesterday, Today, and Tomorrow Presented by: Roc Armenter, Federal Reserve Bank of Philadelphia Interest Rate Spreads and Forward Guidance Presented by: Christian Bredemeier, University of Cologne Flow Effects of Central Bank Asset Purchases on Euro Area Sovereign Bond Yields: Evidence from a Natural Experiment Presented by: Federic Holm-Hadulla, European Central Bank Session 214: Labour Economics: Income Distribution and Inequality August 29, 2018 10:45 to 12:45 Seminargebäude: S15 Session Chair: Christoph Hedtrich, UPF christoph.hedtrich@upf.edu Session type: EEA contributed Local population genetics as a cause and consequence of social deprivation Presented by: David Hugh-Jones, University of East Anglia Income Inequality and the Labour Market in Britain and the US Presented by: Agnes Norris Keiller, Institute for Fiscal Strudies Love and money with inheritance: marital sorting by labor income and inherited wealth in the modern partnership Presented by: Junyi Zhu, Deutsche Bundesbank Superstar Earners and Market Size: Evidence from the Entertainment Industry Presented by: Felix Koenig, London School of Economics (LSE) & CEP Automation, Spatial Sorting and Job Polarization Presented by: Christoph Hedtrich, UPF Session 215: Macroeconomic Forecasting August 29, 2018 10:45 to 12:45 Seminargebäude: S24 Session Chair: Robert Lieli, Central European University rlieli@gmail.com Session type: EEA contributed Optimal Window Selection for Forecasting in The Presence of Recent Structural Breaks Presented by: Yongli Wang, University of Leicester Asymmetry, Complementarities, and Federal Reserve Forecasts Presented by: Riccardo DiCecio, Federal Reserve Bank of St. Louis Volatility Forecasting Using the HAR and Lasso-based Models: an empirical investigation Presented by: Marwan Izzeldin, Lancaster University Forecasting Local Inflation with Global Inflation: When Economic Theory Meets the Facts Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas Unrestricted and Controlled Identification of Loss Functions: Possibility and Impossibility Results Presented by: Robert Lieli, Central European University Session 216: Macroeconomics: Labour Markets August 29, 2018 10:45 to 12:45 Seminargebäude: S11 Session Chair: Jose Luis Luna Alpizar, CERGE-EI jl.luna.alpizar@gmail.com Session type: EEA contributed Migration, Unemployment and the Business Cycle: A Euro Area Perspective Presented by: Marius Clemens, German Institute for Economic Research (DIW Berlin) Couples' Time-Use and Aggregate Outcomes: Evidence from a Structural Model Presented by: Almut Balleer, RWTH Aachen and IIES Stockholm University Job finding and participation rates in the OECD: identification with job tenure data Presented by: Istvan Konya, Hungarian Academy of Sciences Occupational Job Reallocation with Firm Dynamics Presented by: Bihemo Kimasa, University of Konstanz Worker Heterogeneity and the Asymmetric Effects of Minimum Wages Presented by: Jose Luis Luna Alpizar, CERGE-EI Session 217: Media, Information and Influence August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIb Session Chair: Carlo Schwarz, University of Warwick c.r.schwarz@warwick.ac.uk Session type: EEA contributed Do Social Media matter? The impact of Twitter on US politics. Presented by: Tiziano Rotesi, Bocconi University A Theory on Media Bias and Elections Presented by: Junze Sun, University of Amsterdam Can Television Reduce Xenophobia? The Case of East Germany Presented by: Sven Hartmann, IAAEU - Trier University How Strategic are Political Activists? Evidence From a Natural Field Experiment Presented by: Lukas Hensel, University of Oxford Fanning the Flames of Hate: Social Media and Hate Crime Presented by: Carlo Schwarz, University of Warwick Session 218: Prosocial Behaviour and Image Concerns August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal VIIb Session Chair: Hugh Sibly, University of Tasmania Hugh.Sibly@utas.edu.au Session type: EEA contributed Giving Once, Giving Twice: A Two-Period Field Experiment on Intertemporal Crowding in Charitable Giving Presented by: Maja Adena, WZB Social Science Center The Effects of Feedback and Participation on Episodic Volunteers’ Quantity and Quality of Work Presented by: Christian Walter, University Vechta Sorting Into Incentives for Prosocial Behavior Presented by: Christian Meyer, European University Institute Self-image and hypothetical bias in willingness to pay elicitation: The case of a private good Presented by: Franziska Heinicke, Utrecht University The Demand and Supply for Esteem: An experimental analysis Presented by: Hugh Sibly, University of Tasmania Session 219: Risk and Beliefs August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIIa Session Chair: Thomas Meissner, Maastricht University meissnet@gmail.com Session type: EEA contributed Biases in Beliefs: Experimental Evidence Presented by: Irenaeus Wolff, TWI/University of Konstanz Does Incentivizing Belief Accuracy Matter in Large-Scale Surveys? Experimental Evidence Presented by: Elisabeth Grewenig, Willingness to Take Tisks: The Role of Risk Conceptions and Optimism Presented by: Jana Willrodt, University of Duesseldorf Salience of Ability Grouping and Biased Belief Formation Presented by: Mira Fischer, University of Cologne Measuring Preferences Over the Temporal Resolution of Consumption Uncertainty Presented by: Thomas Meissner, Maastricht University Session 220: Unemployment, Health and Well-Being August 29, 2018 10:45 to 12:45 Seminargebäude: S13 Session Chair: Alexandra Roulet, INSEAD alexandra.roulet@insead.edu Session type: EEA contributed Scaring or scarring? Labour market effects of criminal victimisation Presented by: Anna Bindler, University of Gothenburg Income or Leisure? On the Hidden Benefits of (Un-)Employment Presented by: Clemens Hetschko, Freie Universität Berlin Measuring income-leisure preferences using hypothetical questions Presented by: Philipp Seegers, Maastricht University The Causal Effect of Job Loss on Health: The Danish Miracle ? Presented by: Alexandra Roulet, INSEAD Session 221: Matching and Unemployment August 29, 2018 10:45 to 12:45 Seminargebäude: S23 Session Chair: Zoe Xie, Federal Reserve Bank of Atlanta xiexx196@umn.edu Session type: ES contributed Pretty Vacant: Using Job Vacancies to Understand Labour Market Mismatch and the Determinants of UK Growth Presented by: Arthur Turrell, Bank of England Staggered Contracts and Unemployment during the Great Recession: Evidence from Spain Presented by: Ernesto Villanueva, Banco de España Equilibrium Labor Allocation and Income Taxation Presented by: Jesper Bagger, Royal Holloway, University of London Distributional Effects of Local Minimum Wage Hikes: A Spatial Job Search Approach Presented by: Weilong Zhang, University of Pennsylvania A quantitative theory of time-consistent unemployment insurance Presented by: Zoe Xie, Federal Reserve Bank of Atlanta Session 222: Insurance August 29, 2018 10:45 to 12:45 Seminargebäude: S25 Session Chair: Kai-Uwe Mueller, DIW Berlin kmueller@diw.de Session type: ES contributed Entrepreneurship, Labor Market Mobility and the Role of Entrepreneurial Insurance Presented by: Alexandre Gaillard, Toulouse School of Economics Shopping Effort in Self-Insurance Economies Presented by: Krzysztof Pytka, University of Mannheim The Optimal Allocation of Longevity Risk with Perfect Insurance Markets Presented by: Hélène Schernberg, ETH Zurich The economic incidence of social security contributions. A discontinuity approach with linked employer-employee data Presented by: Kai-Uwe Mueller, DIW Berlin Session 223: Wealth Inequality August 29, 2018 10:45 to 12:45 Philosophikum: S78 Session Chair: Daniel Carroll, Federal Reserve Bank of Cleveland daniel.carroll@clev.frb.org Session type: ES contributed Entrepreneurial investment dynamics and the wealth distribution Presented by: Eugene Tan, Duke University Falling Behind: Has Rising Inequality Fueled the American Debt Boom? Presented by: Fabian Greimel, University of Mannheim The US Experience with 'r>g' and Wealth Inequality Presented by: Robert Kirkby, Victoria University of Wellington Pecuniary externalities and wealth inequality Presented by: Spyridon Lazarakis, University of Glasgow The Dynamics of the Racial Wealth Gap Presented by: Daniel Carroll, Federal Reserve Bank of Cleveland Session 224: Bond Default August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal E Session Chair: Vytautas Valaitis, Duke University vv34@duke.edu Session type: ES contributed Illiquidity in Sovereign Debt Markets Presented by: Juan Passadore, Einaudi Institute for Economics and Fina Self-enforcing Debt Limits and Costly Default in General Equilibrium Presented by: V. Filipe Martins-da-Rocha, FGV Which Financial Shocks Drive the Business Cycle? Presented by: Ander Perez-Orive, Federal Reserve Board Default Cycles Presented by: Wei Cui, University College London Machine Learning Projection Methods for Macro-Finance Models Presented by: Vytautas Valaitis, Duke University Session 225: The Econometrics of Structural Macro Models August 29, 2018 10:45 to 12:45 Philosophikum: Hörsaal H 80 Session Chair: Francisco Vazquez-Grande, Federal Reserve Board Francisco.Vazquez-Grande@frb.gov Session type: ES contributed Calibration and the Estimation of Macroeconomic Models Presented by: Nikolay Iskrev, Bank of Portugal Evaluating FAVAR with Time-Varying Parameters and Stochastic Volatility Presented by: Taiki Yamamura, Queen Mary University of London Optimal monetary policy shifts in Brazil: Lessons from a Markov-switching DSGE structure Presented by: Livia Silva Paranhos, University of Warwick Entropy-Based Approximations of Dynamic Equilibrium Models: A Theory of Risk-Adjusted Linearizations Presented by: Francisco Vazquez-Grande, Federal Reserve Board Session 226: GMM and IV Methods August 29, 2018 10:45 to 12:45 Seminargebäude: Tagungsraum Session Chair: Taisuke Otsu, London School of Economics t.otsu@lse.ac.uk Session type: ES contributed Weak Instruments and the Robust First-Stage F-Statistic in an IV Regression with Heteroskedastic Errors Presented by: Uijin Kim, Bank of Korea Using Heteroskedasticity to Identify and Estimate Models with a Binary Endogenous Regressor Presented by: Gerdie Everaert, Ghent University On Optimal Inference in the Linear IV Model Presented by: Vadim Marmer, University of British Columbia Information theoretic approach to high dimensional multiplicative models: Stochastic discount factor and treatment effect Presented by: Taisuke Otsu, London School of Economics Session 227: Decision Theory August 29, 2018 10:45 to 12:45 Seminargebäude: S22 Session Chair: Hendrik Rommeswinkel, National Taiwan University rommeswi@ntu.edu.tw Session type: ES contributed Approximate Expected Utility Rationalization Presented by: Taisuke Imai, LMU Munich Indecisiveness, preference for flexibility, and a unique subjective state space Presented by: Nobuo Koida, Iwate Prefectural University Decisive criteria and concise representations of preferences Presented by: Michael Mandler, University of London Royal Holloway Coll Rationalizing dynamic choices Presented by: Rohit Lamba, Pennsylvania State University Quasi-Separable Preferences Presented by: Hendrik Rommeswinkel, National Taiwan University Session 228: Reveled Preferences August 29, 2018 10:45 to 12:45 Seminargebäude: S16 Session Chair: Koji Shirai, Kwansei Gakuin University kshirai1985@gmail.com Session type: ES contributed A New Methodology for Eliciting Choice Correspondences Presented by: Elias Bouacida, Paris School of Economics, University Paris 1 Panthéon Sorbonne Revealed Social Preferences Presented by: Mikhail Freer, University of Leuven New Characteristics and Hedonic Price Index Numbers Presented by: Peter Neary, University of Oxford Nonparametric analysis of monotone choice Presented by: Koji Shirai, Kwansei Gakuin University Session 229: Biased Beliefs August 29, 2018 10:45 to 12:45 Seminargebäude: S26 Session Chair: Sandro Ambuehl, University of Toronto sandro.ambuehl@rotman.utoronto.ca Session type: ES contributed Hypothetical Thinking and the Winner's Curse: An Experimental Investigation Presented by: Johannes Moser, Payoff-Based Belief Distortion Presented by: Peiran Jiao, Maastricht University Inattentive Inference Presented by: Thomas Graeber, University of Bonn Beliefs about Racial Discrimination: Representative Evidence Presented by: Christopher Roth, University of Oxford A Method For Evaluating The Quality Of Financial Decision Making, With An Application To Financial Education Presented by: Sandro Ambuehl, University of Toronto Session 230: Empirics of Trade Costs August 29, 2018 10:45 to 12:45 Philosophikum: S85 Session Chair: Hyojung Lee, Singapore Management University hyojunglee@smu.edu.sg Session type: ES contributed FDI and Local Financial Development: City-Level Evidence From Ethiopia Presented by: Nicola Limodio, Bocconi University Exports and FDI Entry Decision: Evidence from Japanese Foreign-Affiliated Firms Presented by: Ivan Deseatnicov, University of Tsukuba Trade Policy Uncertainty and Innovation: Evidence from China Presented by: Federica Coelli, University of Oslo Cultural Preferences in International Trade: Evidence from the Globalization of Korean Pop Culture Presented by: Hyojung Lee, Singapore Management University Session 231: Industry Studies August 29, 2018 10:45 to 12:45 Philosophikum: S66 Session Chair: Keaton Miller, University of Oregon keaton.miller@gmail.com Session type: ES contributed Quantifying Delay Externalities in Airline Networks Presented by: John Lazarev, New York University Pay What Your Dad Paid: Commitment and Price Rigidity in the Market for Life Insurance Presented by: Pei Cheng Yu, University of New South Wales Excess Capacity and Effectiveness of Policy Interventions: Evidence from the Cement Industry Presented by: Naoki Wakamori, University of Tokyo Spatial Competition of the Bank Branch Networks in Taiwan Presented by: Ching-I Huang, National Taiwan U Optimal Managed Competition Subsidies Presented by: Keaton Miller, University of Oregon Session 232: Mechanism Design II August 29, 2018 10:45 to 12:45 Philosophikum: S69 Session Chair: Daniel Krähmer, University Bonn kraehmer@hcm.uni-bonn.de Session type: ES contributed Informed Principal Problems in Bilateral Trading Presented by: Takeshi Nishimura, Komazawa University Swap Bonds or Stocks, or Balance Trade! A Game of Implicit Environmental Policy Presented by: Hagen Schwerin, ETH Zurich Externality Assessments, Welfare Judgments, and Mechanism Design Presented by: Thomas Daske, TUM School of Management, Technical University of Munich Full surplus extraction in mechanism design with information disclosure Presented by: Daniel Krähmer, University Bonn Session 233: Topics in Banking and Asset Management August 29, 2018 10:45 to 12:45 Seminargebäude: S21 Session Chair: Paola Morales-Acevedo, Central Bank of Colombia amoralac@gmail.com Session type: ES contributed Schumpeterian Banks: Credit Reallocation and Capital Structure Presented by: Michael Kogler, University of St. Gallen The Effects of Capital Requirements on Good and Bad Risk Taking Presented by: Aaron Pancost, University of Texas at Austin McCombs Sc Interest Rates, Market Power, and Financial Stability Presented by: Rafael Repullo, CEMFI Career Risk and Market Discipline in Asset Management Presented by: Annalisa Scognamiglio, University of Naples Federico II Fear, Anger, and Credit. On Bank Robberies and Loan Conditions Presented by: Paola Morales-Acevedo, Central Bank of Colombia Session 234: Replication and Credibility of Research August 29, 2018 13:00 to 14:00 Hörsaalgebäude: Hörsaal B Session Chair: Joel Sobel, University of California San Diego jsobel@ucsd.edu Session type: plenary Session 235: Asset Markets August 29, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D Session Chair: Olivier Hubert, UNamur olivier.hubert@unamur.be Session type: EEA contributed The Resolution of Long-Run Risk Presented by: Myroslav Pidkuyko, University of Manchester Back to the Real Economy: The Effects of Risk Perception Shocks on the Term Premium and Bank Lending Presented by: Kristina Bluwstein, Bank of England Asset Bubbles and Product Market Competition Presented by: Francisco Queiros, Universitat Pompeu Fabra Non-Linear Effects of Fiscal Policy on the Yield Curve Presented by: Olivier Hubert, UNamur Session 236: Brexit Impact and Attitudes August 29, 2018 14:15 to 16:00 Seminargebäude: S01 Session Chair: Martin Braml, ifo Insitute braml@ifo.de Session type: EEA contributed What will Brexit mean for the British and euro-area economies? A model-based assessment of trade regimes Presented by: Filippo Vergara Caffarelli, Banca d'Italia Brexit through the Lens of New Quantitative Trade Theory Presented by: Marina Steininger, Ifo Institute Undoing Europe in a New Quantitative Trade Model Presented by: Jasmin Gröschl, Ifo Institute for Economic Research and CESifo Understanding Free Trade Attitudes: Evidence from Europe Presented by: Martin Braml, ifo Insitute Session 237: Business Cycles in Europe August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb Session Chair: Dennis Bonam, De Nederlandsche Bank d.a.r.bonam@dnb.nl Session type: EEA contributed Catch-up cycles Presented by: Tom Holden, University of Surrey Product Market Reforms and the European Core-Periphery Divide Presented by: Nauro Campos, Brunel University London Firms Asymmetric Spending and the Business Cycle Presented by: issam samiri, Birkbeck, University of London Home biased expectations and macroeconomic imbalances in a monetary union Presented by: Dennis Bonam, De Nederlandsche Bank Session 238: Corporate Finance August 29, 2018 14:15 to 16:00 Philosophikum: S54 Session Chair: Davide Malacrino, IMF davmalacrino@gmail.com Session type: EEA contributed Internal Capital Markets in Times of Crisis: the Benefit of Group Affiliation in Italy Presented by: Raffaele Santioni, Bank of Italy Debt Maturity and Firm Performance: Evidence from a Quasi-Natural Experiment Presented by: Antonio Accetturo, Banca d'Italia The Real Effects of Judicial Enforcement: Evidence from Italy Presented by: Vincenzo Pezone, Goethe University Who Creates New Firms when Local Opportunities Arise? Presented by: Davide Malacrino, IMF Session 239: Development: Health August 29, 2018 14:15 to 16:00 Seminargebäude: S15 Session Chair: Andreas Kammerlander, andreas.kammerlander@vwl.uni-freiburg.de Session type: EEA contributed Dictating Development: The Effect Of Community Work On Health Indicators And Fertility Presented by: Maximilian Linek, Hertie School of Governance Toxic Roads: Unearthing Waste Dumping Presented by: Caterina Gennaioli, Queen Mary University of London Health Inequality: Role of Insurance and Technological Progress Presented by: Siddhartha Sanghi, Washington University in St. Louis Growth is good for health - in democracies Presented by: Andreas Kammerlander, Session 240: Empirical Analysis of Job Search August 29, 2018 14:15 to 16:00 Seminargebäude: S14 Session Chair: Alexandra Fedorets, DIW Berlin afedorets@diw.de Session type: EEA contributed Formal Search and Referrals from a Firm's Perspective Presented by: Anna Zaharieva, Bielefeld University Does the Internet Help Unemployed Job Seekers Find a Job? Evidence from the Broadband Internet Expansion in Germany Presented by: Nicole Guertzgen, Institute for Employment Research Understanding the Role of the Public Employment Agency Presented by: Christian Holzner, University of Munich and Ifo Institute Great Expectations: Reservation Wages and the Minimum Wage Reform Presented by: Alexandra Fedorets, DIW Berlin Session 241: FinTech, Shadow Banks, New Lending Ways August 29, 2018 14:15 to 16:00 Philosophikum: S73 Session Chair: Benjamin Grosse-Rueschkamp, ESMT Benjamin.GrosseRueschkamp@esmt.org Session type: EEA contributed FinTech Credit, Financial Inclusion and Entrepreneurial Growth Presented by: Hongzhe Shan, University of Geneva and Swiss Finance Institute Shadow Banking and Market Discipline on Traditional Banks Presented by: Anil Ari, International Monetary Fund Cutting Out the Middleman – The ECB as Corporate Bond Investor Presented by: Benjamin Grosse-Rueschkamp, ESMT Session 242: Gender Disparities in Labour and Other Markets August 29, 2018 14:15 to 16:00 Philosophikum: S82 Session Chair: Simon Dato, University of Bonn simon.dato@gmail.com Session type: EEA contributed Female Leadership and Gender Gap within Firms: Evidence from an Italian Board Reform Presented by: Agata Maida, U Milan The Persistent Effect of Gender Division of Labour: African American Women After Slavery Presented by: Anna Baiardi, University of Bonn MEDIA BIAS AGAINST WOMEN IN MUSIC: AN EMPIRICAL ANALYSIS OF ITALIAN MUSIC MAGAZINES Presented by: Andrea Mangani, University of Pisa Bad boys, good girls?! - what causes the gender gap on sabotage? Presented by: Simon Dato, University of Bonn Session 243: Global Value Chains and Production Networks August 29, 2018 14:15 to 16:00 Seminargebäude: S11 Session Chair: Mirabelle Muuls, Imperial College London m.muuls@imperial.ac.uk Session type: EEA contributed The Origins of Firm Heterogeneity: A Production Network Approach Presented by: Kalina Manova, UCL Risk- and Cost-Sharing in Firm-to-Firm Trade Presented by: Evgenii Monastyrenko, Paris School of Economics The Propagation of a Trade Cost Shock in The Global Production Network Presented by: Thanh Nam Le, Erasmus University Rotterdam Offshoring Origin and Firm Innovation Presented by: Mirabelle Muuls, Imperial College London Session 244: Household Credit August 29, 2018 14:15 to 16:00 Philosophikum: S67 Session Chair: Sean Hundtofte, Federal Reserve Bank of New York sean.hundtofte@aya.yale.edu Session type: EEA contributed Credit Supply Shocks and Household Leverage: Evidence from the US Bank Deregulation Presented by: Alberto Montagnoli, University of Sheffield Serendipitous relief or unwelcome temptation – mortgagor response to a new credit offer Presented by: Erkki Vihriälä, Oxford University The Effect of Interest Rate Normalization on Mortgage Delinquencies in Hungary: A Structural Approach Presented by: Tamas Briglevics, Magyar Nemzeti Bank Credit Aversion Presented by: Sean Hundtofte, Federal Reserve Bank of New York Session 245: Inequality Insurance and Redistributions August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa Session Chair: Chima Simpson-Bell, European University Institute chima.simpson-bell@eui.eu Session type: EEA contributed Premature deaths, accidental bequests and fairness Presented by: Gregory Ponthiere, University Paris East (ERUDITE) and PSE Inequality and Private Redistribution Presented by: Alexander Squires, University of Manchester The role of the immediate and extended family in the formation of wealth: Evidence from Sweden Presented by: Adrian Adermon, IFAU, Uppsala University Public Insurance in Fiscal Federations: Evidence from the USA Presented by: Chima Simpson-Bell, European University Institute Session 246: Information and Prices August 29, 2018 14:15 to 16:00 Seminargebäude: S12 Session Chair: Johannes Dittrich, University of Mannheim jo.dittrich@gmail.com Session type: EEA contributed Declining Prices Across Second-Price Procurement Auctions Presented by: Marion Ott, RWTH Aachen University Wholesale Price Discrimination and Consumer Search Presented by: Edona Reshidi, University of Vienna Explaining Escalating Fines and Prices: The Curse of Positive Selection Presented by: Stefan Buehler, University of St. Gallen The Effect of Sales Prices on Online Review Scores Presented by: Johannes Dittrich, University of Mannheim Session 247: Information Design and Trade August 29, 2018 14:15 to 16:00 Philosophikum: S83 Session Chair: Jonas von Wangenheim, Humboldt Universität Berlin jonas.wangenheim@hotmail.de Session type: EEA contributed Strategies under distributional and strategic uncertainty Presented by: Helene Mass, Centre for European Economic Research (Z Buyer-Optimal Robust Information Structures Presented by: Cédric Wasser, University of Bonn Knowing What Matters to Others: Information Selection in Auctions Presented by: Nina Bobkova, University of Bonn Cosumer-Optimal Information Design Presented by: Jonas von Wangenheim, Humboldt Universität Berlin Session 248: Labour Economics: Technology August 29, 2018 14:15 to 16:00 Seminargebäude: S24 Session Chair: Irene Palnau, University of Paderborn irene.palnau@uni-paderborn.de Session type: EEA contributed Technology and the Future of Work: Aggregate Employment Effects of Digitization Presented by: Melanie Arntz, ZEW Mannheim and University of Heidelber Polarization, employment, participation and minimum wage : Evidence from European local labor markets Presented by: Elliot Moiteaux, Université de Cergy-Pontoise. German Robots – The Impact of Industrial Robots on Workers Presented by: Sebastian Findeisen, University of Mannheim Skill Adaptation to Shifting Job Tasks in the Face of Offshoring Presented by: Irene Palnau, University of Paderborn Session 249: Law and Economics August 29, 2018 14:15 to 16:00 Philosophikum: S55 Session Chair: Matteo Sandi, CEP, LSE m.sandi@lse.ac.uk Session type: EEA contributed Dynamics in Gun Ownership and Crime: Evidence from the Aftermath of Sandy Hook Presented by: Christoph Koenig, University of Bristol Preordered Service in Contract Enforcement Presented by: Jan Auerbach, University of Exeter Beyond the stars Presented by: Olivier Sterck, University of Oxford Prices, Policing and Policy: Their Role in Crime Booms and Busts Presented by: Matteo Sandi, CEP, LSE Session 250: Macroeconomics: Consumption and Saving August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb Session Chair: Anson Ho, Bank of Canada contact@atyho.info Session type: EEA contributed Consumption Insurance with Epstein-Zin Preferences Presented by: Claudio Campanale, Università di Torino Is it good to be bad or bad to be good?: Assessing the impact of abnormal weather on consumer spending Presented by: Anna Pauliina Sandqvist, KOF Swiss Economic Institute ETH Zurich The Optimal Early-Withdrawal Penalty on Tax-deferred Saving Accounts Presented by: Anson Ho, Bank of Canada Session 251: Macroeconomics: Fiscal Policy I August 29, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G Session Chair: Martin Geiger, University of Innsbruck martin.c.geiger@gmail.com Session type: EEA contributed The Government Spending Multiplier, Fiscal Stress, and the Zero Lower Bound Presented by: Felix Strobel, Goethe University Frankfurt The Government Spending Multiplier at the Zero Lower Bound: International Evidence from Historical Data Presented by: Roland Winkler, University of Antwerp Quantitative Easing and Sovereign Yield Spreads: Euro- Area Time-Varying Evidence Presented by: António Afonso, ISEG-ULisboa Assessing Expectations as a Joint Monetary-Fiscal State-Dependent Phenomenon Presented by: Martin Geiger, University of Innsbruck Session 252: Monetary Policy and Private Sector Balance Sheets August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa Session Chair: Bernardino Adão, Banco de Portugal bernardino.pereira.adao@bportugal.pt Session type: EEA contributed One Size Fits All? Monetary Policy and Asymmetric Household Debt Cycles in US States Presented by: Bruno Albuquerque, Ghent University Concerted Efforts? Monetary Policy and Macro-Prudential Tools Presented by: Andrea Ferrero, University of Oxford Unconventional monetary policy and households’ financial portfolio choices Presented by: Caterina Forti Grazzini, DIW Berlin Financial Frictions and Interest Rate Shocks Presented by: Bernardino Adão, Banco de Portugal Session 253: Permit Markets August 29, 2018 14:15 to 16:00 Seminargebäude: S13 Session Chair: Roweno J.R.K. Wan, Tilburg University r.j.r.k.wan@uvt.nl Session type: EEA contributed A Theory of Gains from Trade in Multilaterally Linked ETSs Presented by: Luca Taschini, The London School of Economics and Political Science Permit Markets, Carbon Prices and the Creation of Innovation Clusters Presented by: Marie-Catherine Riekhof, ETH Zurich The environmental and distributional consequences of emissions markets: evidence from the Clean Air Interstate Rule Presented by: Elisabeth Isaksen, LSE Optimal Stabilization in an Emission Permits Market Presented by: Roweno J.R.K. Wan, Tilburg University Session 254: Social Choice and Mechanism Design August 29, 2018 14:15 to 16:00 Philosophikum: S92 Session Chair: Andrew Mackenzie, Maastricht University andrew.k.mackenzie@gmail.com Session type: EEA contributed Top Trading Cycles, Consistency, and Acyclic Priorities for House Allocation with Existing Tenants Presented by: Bettina Klaus, University of Lausanne Arranged Marriages under Transferable Utilities Presented by: Pauline Morault, Aix-Marseille University Random Paths To Popularity In Two-Sided Matching Presented by: Alexander Nesterov, Higher School of Economics A Game of the Throne of Saint Peter Presented by: Andrew Mackenzie, Maastricht University Session 255: The Benefits of Education August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII Session Chair: Jenifer Ruiz-Valenzuela, London School of Economics j.ruiz-valenzuela@lse.ac.uk Session type: EEA tutorial Returns to Higher Education in China - Evidence Based on the 1999 Higher Education Expansion using Fuzzy Regression Discontinuity Presented by: Fengyan Dai, NUFE The effect of education on later-life skills: Evidence from compulsory schooling laws in Australia Presented by: Dominique Lemmermann, University of Erlangen-Nuremberg The Intergenerational Effects of Parental Higher Education: Evidence from Changes in University Accessibility Presented by: Tuomo Suhonen, VATT Institute for Economic Research Entry Through the Narrow Door: The Costs of Just Failing High Stakes Exams Presented by: Jenifer Ruiz-Valenzuela, London School of Economics Session 256: Unethical and Destructive Behaviours August 29, 2018 14:15 to 16:00 Philosophikum: S65 Session Chair: Elina Khachatryan, University of Kassel elina.khachatryan@uni-kassel.de Session type: EEA contributed Group Membership Magnifies the Dark Side of Human Social Behavior Presented by: Jana Cahlikova, Max Planck Institute for Tax Law and Public Finance The Honest Leader Effect: How Hierarchies Affect Honesty in Groups Presented by: Rainer Rilke, WHU - Otto Beisheim School of Management The cost of a divided America - an experimental study into destructive behavior Presented by: Wladislaw Mill, Friedrich-Schiller-Universität Jena Competitive Pressure to Cheat: Experimental Evidence of Individuals and Groups Presented by: Elina Khachatryan, University of Kassel Session 257: Networks, Externalities, and Development August 29, 2018 14:15 to 16:00 Seminargebäude: S26 Session Chair: Raimundo Undurraga, University of Chile raimundo.undurraga@dii.uchile.cl Session type: ES contributed Transborder Ethnic Kin and Local Prosperity: Evidence from Night-Time Light Intensity in Africa Presented by: Pierre Pecher, Aix-Marseille University Spatial Diffusion of Economic Shocks in Networks Presented by: Roland Hodler, University of St.Gallen Water, Spillovers and Free Riding: Provision of Local Public Goods in a Spatial Network Presented by: Rossa O'Keeffe-O'Donovan, University of Oxford Housing Gaps and Housing Externalities Presented by: Raimundo Undurraga, University of Chile Session 258: Books, Education and Skills August 29, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum Session Chair: Michael Böhm, Vancouver School of Economics and Univer mboehm1@uni-bonn.de Session type: ES contributed Effects of Copyright on Science - Evidence from the US Book Republication Program Presented by: Petra Moser, NYU Stern Historical Analysis of National Subjective Well-being using Millions of Digitized Books Presented by: Daniel Sgroi, University of Warwick Heterogeneous Effects of Mass Academisation in England Presented by: Lorenzo Neri, Queen Mary University of London The Evolution of Task Prices in Germany, 1985–2010 Presented by: Michael Böhm, Vancouver School of Economics and Univer Session 259: Gender and the Labour Market August 29, 2018 14:15 to 16:00 Seminargebäude: S25 Session Chair: Jorge Velilla, University of Zaragoza jvelilla@unizar.es Session type: ES contributed Ceilings and Floors. The Gender Pay Gap over the Lifecycle, France 1995-2012 Presented by: Pierre Pora, Insee-CREST Globalization, Gender, and the Family Presented by: Hale Utar, Bielefeld University and CESIfo Marriage and Divorce Under Labor Market Uncertainty Presented by: Bastian Schulz, Aarhus University Intertemporal Labor Supply: A Household Collective Approach Presented by: Jorge Velilla, University of Zaragoza Session 260: Economics of Climate Change August 29, 2018 14:15 to 16:00 Seminargebäude: S16 Session Chair: Eugen Kovac, University of Duisburg-Essen eugen.kovac@uni-due.de Session type: ES contributed ACE – Analytic Climate Economy (with Temperature and Uncertainty) Presented by: Christian Traeger, University of Oslo, Norway A Simulation Study of Global Warming and Optimal Climate Policy Presented by: Elmar Hillebrand, EEFA Institute A simple dynamic climate cooperation model Presented by: Eugen Kovac, University of Duisburg-Essen Session 261: Misallocation and Industry Dynamics August 29, 2018 14:15 to 16:00 Seminargebäude: S21 Session Chair: Francesco Manaresi, Bank of Italy manaresi@gmail.com Session type: ES contributed Misallocation, Selection, and Aggregate Productivity: The Role of Endogenous Exit Presented by: Yaser Sattari, Simon Fraser University What Is the Extent of Misallocation? Presented by: Bruno Pellegrino, UCLA Dispersion in Financing Costs and Development Presented by: Cezar Santos, Fundacao Getulio Vargas Do marginal costs differ from user costs? Micro-level evidence from Italy Presented by: Francesco Manaresi, Bank of Italy Session 262: Asset Prices and Learning August 29, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E Session Chair: Jesús Vázquez, Universidad del País Vasco (UPV/EHU) jesus.vazquez@ehu.es Session type: ES contributed Ambiguous Leverage Cycles Presented by: Marzio Bassanin, LUISS Guido Carli and ECB Beauty Contests and the Term Structure Presented by: Andreas Tischbirek, University of Lausanne Bubbles, crashes and information contagion in large-group asset market experiments Presented by: Anita Kopányi-Peuker, University of Amsterdam The Bond Term Premium In An Estimated DSGE Model With Real-Time Learning Presented by: Jesús Vázquez, Universidad del País Vasco (UPV/EHU) Session 263: Labour Market Risk and Reallocation over the Business Cycle August 29, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80 Session Chair: Christopher Busch, MOVE-UAB & Barcelona GSE chris.busch@movebarcelona.eu Session type: ES contributed Under-Employment and the Trickle-Down of Unemployment Presented by: Yanos Zylberberg, University of Bristol Cyclical Occupational Mobility of the Displaced vs the Unemployed: A Puzzle? Presented by: Ludo Visschers, The University of Edinburgh/Universidad Sectoral Reallocation, Employment and Earnings Over the Business Cycle Presented by: David Wiczer, Stony Brook University Higher-Order Income Risk Over the Business Cycle: A Parametric Approach Presented by: Christopher Busch, MOVE-UAB & Barcelona GSE Session 264: Monetary Policy August 29, 2018 14:15 to 16:00 Philosophikum: S78 Session Chair: Stephan Luck, Federal Reserve Board stephan.luck@frb.gov Session type: ES contributed Monetary Policy and Inequality: Does One Affect the Other? Presented by: Eunseong Ma, Texas A&M University Asymmetries in Monetary Policy Uncertainty: New Evidence from Financial Forecasts Presented by: Tatevik Sekhposyan, Texas A&M University Changes in Monetary Regimes and the Identi fication of Monetary Policy Shocks: Narrative Evidence from Canada Presented by: Rodrigo Sekkel, Bank of Canada Employment effects of unconventional monetary policy: Evidence from QE Presented by: Stephan Luck, Federal Reserve Board Session 265: New Forecasting Models and Methods August 29, 2018 14:15 to 16:00 Seminargebäude: S22 Session Chair: Rainer Schüssler, University of Rostock rainer.schuessler@uni-rostock.de Session type: ES contributed Macroeconomic Forecasting with Fractional Factor Models Presented by: Tobias Hartl, University of Regensburg Mixed-Frequency Predictive Regressions Presented by: Hanlin Yang, University of Zurich Investing through Economic Cycles with Ensemble Machine Learning Algorithms Presented by: Sylvain Benoit, Université Paris-Dauphine Exchange rate predictability and dynamic Bayesian learning Presented by: Rainer Schüssler, University of Rostock Session 266: Specification Testing August 29, 2018 14:15 to 16:00 Seminargebäude: S23 Session Chair: Junnan HE, Washington University in St. Louis hjnxyz@gmail.com Session type: ES contributed Goodness-Of-Fit Test for the Cox Proportional Hazard Model Presented by: Rui Cui, Universidad Carlos III de Madrid Optimal Minimax Rates of Specification Tests for IV Regression Presented by: Masamune Iwasawa, The University of Tokyo A Model-Free Test of Independence between Weakly Dependent Stationary Multivariate Time Series Presented by: Ba Chu, Carleton University A Test for Model Sparsity Presented by: Junnan HE, Washington University in St. Louis Session 267: Psychological Games August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal V Session Chair: Pierpaolo Battigalli, Universita' Bocconi pierpaolo.battigalli@unibocconi.it Session type: ES contributed Lying and Deception in Games Presented by: Joel Sobel, University of California San Diego Regret Games Presented by: Martin Dufwenberg, University of Arizona Disliking to Disagree Presented by: Kiryl Khalmetski, University of Cologne Frustration and Anger in the Ultimatum Game: An Experiment Presented by: Pierpaolo Battigalli, Universita' Bocconi Session 268: Market Design August 29, 2018 14:15 to 16:00 Philosophikum: S85 Session Chair: David Delacretaz, University of Melbourne ddelacretaz@unimelb.edu.au Session type: ES contributed Deferred Acceptance and Regret-Free Truthtelling Presented by: Marcelo Fernandez, California Institute of Technology (Non)Randomization: A Theory of Quasi-Experimental Evaluation of School Quality Presented by: Yusuke Narita, Yale University Incentivizing Organ Donation via Different Allocation Rules Presented by: Mengling Li, Xiamen University Refugee Resettlement Presented by: David Delacretaz, University of Melbourne Session 269: General Equilibrium August 29, 2018 14:15 to 16:00 Philosophikum: S66 Session Chair: Andrew McLennan, The University of Queensland a.mclennan@economics.uq.edu.au Session type: ES contributed Commodity Spot, Forward Prices, and Convenience Yield under Incomplete Market Presented by: Katsushi Nakajima, Ritsumeikan Asia Pacific University Limited Leverage and Nominal Debt Accounting in Dynamic Equilibrium Presented by: Dong Chul Won, Ajou University Intertemporal equilibrium with heterogeneous agents, endogenous dividends and collateral constraint Presented by: Ngoc-Sang Pham, Montpellier Business School Efficient Disposal Equilibria of Pseudomarkets Presented by: Andrew McLennan, The University of Queensland Session 270: Intermediary Asset Pricing and Systemic Risk August 29, 2018 14:15 to 16:00 Philosophikum: S69 Session Chair: Claudio Tebaldi, Universita' Commerciale L. Bocconi claudio.tebaldi@unibocconi.it Session type: ES contributed The Contribution of Mispricing to Expected Returns Presented by: Kazuhiro Hiraki, Queen Mary University of London Imbalance-Based Option Pricing Presented by: Yuan Zhang, École polytechnique fédérale de Lausanne (EPFL) and Swiss Finance Institute Asset Pricing in Network Economies with Systemic Risk Presented by: Claudio Tebaldi, Universita' Commerciale L. Bocconi Session 271: Political Economy: Voting August 29, 2018 14:15 to 16:00 Philosophikum: S76 Session Chair: Carlos Sanz, Bank of Spain carlossanz@bde.es Session type: ES contributed YOUTH ENFRANCHISEMENT, POLITICAL RESPONSIVENESS, AND EDUCATION EXPENDITURES: EVIDENCE FROM THE U.S. Presented by: Graziella Bertocchi, University of Modena and Reggio Emilia A Model of Focusing in Political Choice Presented by: Jan Zapal, CERGE-EI, IAE-CSIC, and Barcelona GSE Why are Reforms Incomplete? Reputation versus the “Need for Enemies” Presented by: Maxime Menuet, LEO UMR 7322 Women’s Representation in Politics: The Importance of the Electoral System Presented by: Carlos Sanz, Bank of Spain Session 272: Exchange Rate Shocks August 29, 2018 14:15 to 16:00 Philosophikum: S63 Session Chair: Nelson Camanho, Católica-Lisbon School of Business and Economics nelson.camanho@ucp.pt Session type: ES contributed Price and Consumption Responses to Large Exchange Rate Shocks:Evidence from the 2015 Appreciation in Switzerland Presented by: Sarah Lein, University of Basel (Un)Competitive Devaluations and Firm Dynamics Presented by: Alexander Rodnyansky, University of Cambridge Global Portfolio Rebalancing and Exchange Rates Presented by: Nelson Camanho, Católica-Lisbon School of Business and Economics Session 273: Contract Theory II August 29, 2018 14:15 to 16:00 Philosophikum: S57 Session Chair: Martin Dumav, Universidad Carlos III de Madrid mdumav@eco.uc3m.es Session type: ES contributed Monotone Activities in Fluctuating Contracting Environments Presented by: Alexander Frug, Universitat Pompeu Fabra Profitability and Concentration of Competitive Insurance Markets with Better Informed Principals Presented by: Piero Tedeschi, Università Cattolica del Sacro Cuore Robust Pricing with Refunds Presented by: Keiichi Kawai, University of New South Wales Moral Hazard, Uncertain Technologies, and Linear Contracts Presented by: Martin Dumav, Universidad Carlos III de Madrid Session 274: Principal Agent models August 29, 2018 14:15 to 16:00 Philosophikum: S58 Session Chair: Marco Pagnozzi, Universita' di Napoli Federico II pagnozzi@unina.it Session type: ES contributed Aggregate Information and Organizational Structures Presented by: Dongsoo Shin, Santa Clara U Signalling, Reputation and Spinoffs Presented by: Suraj Shekhar, University of Cape Town Talking Out of Moral Hazard Presented by: In-Uck Park, University of Bristol Vertical Contracting with Endogenous Market Structure Presented by: Marco Pagnozzi, Universita' di Napoli Federico II Session 275: Aspects of Health Insurance August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa Session Chair: Markku Siikanen, Aalto U markku.siikanen@aalto.fi Session type: EEA contributed P-hacking in Clinical Trials: A Meta-Analytical Approach Presented by: Norman Belas, Otto-von-Guericke University Does the framing of patient cost-sharing incentives matter? The effects of deductibles vs. no-claim refunds Presented by: Tobias Klein, Tilburg University Pharmaceutical Procurement and Spillovers from the Reference Price Policy Presented by: Markku Siikanen, Aalto U Session 276: Bureaucracies: Theory and Evidence August 29, 2018 16:30 to 17:45 Seminargebäude: S15 Session Chair: Sebastian Blesse, blesse@zew.de Session type: EEA contributed From Weber to Kafka:Political Instability and the Rise of Inefficient Bureaucracy Presented by: Massimo Morelli, Bocconi University Bureaucratic Identity and the Shape of Public Policy: A Game-Theoretic Analysis Presented by: Shaheen Naseer, Erasmus University Rotterdam Do administrative border reforms contribute to economic development? Evidence from Africa Presented by: Sebastian Blesse, Session 277: Business Cycle and the Labour Market August 29, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal D Session Chair: Has van Vlokhoven, IIES Stockholm University has.vanvlokhoven@iies.su.se Session type: EEA contributed Hartz IV and the Decline of German Unemployment: A Macroeconomic Evaluation Presented by: Christian Merkl, Friedrich-Alexander-Universität Erlangen-Nürnberg The Scarring Effect of Asymmetric Business Cycles Presented by: Giuseppe Fiori, North Carolina State University Do Marginal Products Explain Stagnant Wages? Presented by: Has van Vlokhoven, IIES Stockholm University Session 278: Capital Flows and Financial Integration August 29, 2018 16:30 to 17:45 Seminargebäude: S12 Session Chair: Dominik Menno, Aarhus University dmenno@eui.eu Session type: EEA contributed Portfolio choice in a two-country DSGE model: Capital flows in emerging economies Presented by: Alba Del Villar Olano, Universidad Pública de Navarra International Financial Integration, Volatility, and Income Inequality in a Stochastically Growing Open Economy Presented by: Inaki Erauskin, Deusto Business School Multinational Production and International Diversification Presented by: Dominik Menno, Aarhus University Session 279: Development: Other August 29, 2018 16:30 to 17:45 Philosophikum: S83 Session Chair: Fernanda Martinez Flores, RWI-Essen fernanda.martinez-flores@rwi-essen.de Session type: EEA contributed Identifying Causal Effects in Experiments with Social Interactions and Non-compliance Presented by: Rossa O'Keeffe-O'Donovan, University of Oxford Gender, Crime and Punishment: Evidence from Women Police Stations in India Presented by: Sofia Amaral, University of Essex Immigration Enforcement in Transit Countries and Intent to Remigrate: Evidence from Central American Deportees Presented by: Fernanda Martinez Flores, RWI-Essen Session 280: Economics of the Firm II August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa Session Chair: Dainis Zegners, University of Cologne dainis.zegners@uni-koeln.de Session type: EEA contributed All in the family? CEO choice and firm organization Presented by: Daniela Scur, University of Oxford Incorporation Decisions and Job Creation in New Firms Presented by: Susanne Prantl, University of Cologne ‘Having the Lead’ vs. ‘Lagging Behind’: The Incentive Effect of Handicaps in Tournaments Presented by: Dainis Zegners, University of Cologne Session 281: Financial Regulation I August 29, 2018 16:30 to 17:45 Philosophikum: S82 Session Chair: Volker Britz, ETH Zurich vbritz@ethz.ch Session type: EEA contributed What if I knew you did it? An Analysis of Preliminary Ratings’ Disclosure under Competition Presented by: Marta Allegra Ronchetti, Università Cattolica del Sacro Cuore Market Frictions and Payments System Evolution Presented by: Zhu Wang, Federal Reserve Bank of Richmond Deposit Insurane and Reinsurance: A General Equilibrium Perspective Presented by: Volker Britz, ETH Zurich Session 282: Firms and Human Capital August 29, 2018 16:30 to 17:45 Philosophikum: S73 Session Chair: Luofu Ye, London Business School lye@london.edu Session type: EEA contributed Executive Stock Option Exercises and CEO Private Information Presented by: Nassima Selmane, University of Toulouse 1 - University of Groningen Lame Duck CEOs Presented by: Shuo Xia, Erasmus University Rotterdam Bankruptcy, Team-specific Human Capital, and Productivity: Evidence from U.S. Inventors Presented by: Luofu Ye, London Business School Session 283: Fundamental Issues in Climate Policy II August 29, 2018 16:30 to 17:45 Philosophikum: S65 Session Chair: Martin Hänsel, Kiel University haensel@economics.uni-kiel.de Session type: EEA contributed On the economics of electrical storage for variable renewable energy sources Presented by: Alexander Zerrahn, DIW Berlin (German Institute for Economic Research) Endogenous Climate Coalitions and Free Trade - Building the Missing Link Presented by: Thomas Kuhn, University of Chemnitz Relative Prices and Climate Policy: How the Scarcity of Non-Market Goods Drives Policy Evaluation Presented by: Martin Hänsel, Kiel University Session 284: Household Savings with Heterogeneous Agents August 29, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G Session Chair: Ivo Bakota, CERGE-EI, Czech Republic ivo.bakota@cerge-ei.cz Session type: EEA contributed Removing the Mortgage Interest Deductibility: Policies and Welfare Effects Presented by: Kasper Kragh-Soerensen, Stockholm University Anticipated Changes in Household Debt and Consumption Presented by: Isaac Gross, University of Oxford Wealth Distribution and Macroeconomic Implications of Financial Policy Presented by: Ivo Bakota, CERGE-EI, Czech Republic Session 285: Immigration and Its Political Effects August 29, 2018 16:30 to 17:45 Seminargebäude: S13 Session Chair: Yvonne Giesing, University of Munich giesing@ifo.de Session type: EEA contributed Stop invasion! Immigrants and the rise of populism in Europe Presented by: Edoardo Slerca, Università della Svizzera Italiana Chance or threat? Effects of non-citizens voting rights on natives’ attitudes towards immigrants Presented by: Anna Koukal, University of Fribourg Immigration and Electoral Support for the Far-Left and the Far-Right Presented by: Yvonne Giesing, University of Munich Session 286: Investor Behaviour and the Stock Market II August 29, 2018 16:30 to 17:45 Philosophikum: S54 Session Chair: Thomas Jansson, Sveriges riksbank thomas.jansson@riksbank.se Session type: EEA contributed Commitment and Borrower Heterogeneity: Evidence from Revolving Consumer Credit Presented by: Markus Nöth, University of Hamburg Poor Mortgage Choice Presented by: May Rostom, University College London & Bank of England Financial Literacy Externalities Presented by: Thomas Jansson, Sveriges riksbank Session 287: Labour Economics: Wages I August 29, 2018 16:30 to 17:45 Philosophikum: S55 Session Chair: Paul Bingley, Danish National Centre for Social Research SFI pab@sfi.dk Session type: EEA contributed Wages, Creative Destruction, and Union Networks Presented by: Harald Dale-Olsen, Institute for Social Research From Licensing to Certification: Germany’s Liberalization of the Crafts and Trade Sector Presented by: Franziska Lembcke, University of Heidelberg Workers, Firms and Life-Cycle Wage Dynamics Presented by: Paul Bingley, Danish National Centre for Social Research SFI Session 288: Local Labour Markets August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb Session Chair: Difei Ouyang, University of Geneva Difei.Ouyang@etu.unige.ch Session type: EEA contributed College Openings and Local Economic Development Presented by: Christina Gathmann, Heidelberg University Local Labor Markets and the Persistence of Population Shocks: Evidence from West Germany, 1939-70 Presented by: Michael Kvasnicka, Otto-von-Guericke Universität Magdeburg Capital Scarcity and Industrial Decline: Evidence from 172 Real Estate Booms in China Presented by: Difei Ouyang, University of Geneva Session 289: Macroeconomic Effects of Financial Frictions II August 29, 2018 16:30 to 17:45 Seminargebäude: S01 Session Chair: Johannes Poeschl, Danmarks Nationalbank jpo@nationalbanken.dk Session type: EEA contributed Uncertainty shocks and firm dynamics: Search and monitoring in the credit market Presented by: Fabien Tripier, Paris Saclay (Univ. Evry - EPEE) & CEPII Corporate Debt Maturity and Investment over the Business Cycle Presented by: Johannes Poeschl, Danmarks Nationalbank Session 290: Monetary Policy at the Lower Bound II August 29, 2018 16:30 to 17:45 Seminargebäude: S24 Session Chair: Michael Kühl, Deutsche Bundesbank michael.kuehl@bundesbank.de Session type: EEA contributed Risk endogeneity at the lender-/investor-of-last-resort Presented by: Bernd Schwaab, European Central Bank The Effects of an Homogenous Unconventional Monetary Policy on a Financially Heterogeneous Monetary Union Presented by: Thibaud Cargoët, CNRS - University of Rennes Quantitative Easing, Interest Rate Policy and Central Banker's Preferences Presented by: Michael Kühl, Deutsche Bundesbank Session 291: Macroeconomics: Optimal Taxation August 29, 2018 16:30 to 17:45 Seminargebäude: S11 Session Chair: Ctirad Slavik, Charles University, Prague ctirad.slavik@cerge-ei.cz Session type: EEA contributed Optimal Redistributive Policy in Debt Constrained Economies Presented by: Monica Tran Xuan, University of Minnesota Welfare Implications of Switching to Consumption Taxation Presented by: Qian Li, Shanghai University of Finance and Economics Optimal Capital Income Taxation Under Capital-Skill Complementarity Presented by: Ctirad Slavik, Charles University, Prague Session 292: Search Rigidities and the Macroeconomy August 29, 2018 16:30 to 17:45 Philosophikum: S92 Session Chair: Richard Audoly, UCL richard.audoly.14@ucl.ac.uk Session type: EEA contributed A Job Ladder Model with Stochastic Employment Opportunities Presented by: Axel Gottfries, University of Edinburgh Financial Constraints, Wage Rigidity, and the Labor Market Presented by: Tobias Foell, University of Cologne Firm dynamics and random search over the business cycle Presented by: Richard Audoly, UCL Session 293: Tax Policy August 29, 2018 16:30 to 17:45 Philosophikum: S67 Session Chair: Daniel Stöhlker, ifo Institute Stoehlker@ifo.de Session type: EEA contributed Inheritance taxation in a model with intergenerational time transfers Presented by: Erwan Moussault, University of Cergy Pontoise Sales and Price Effects of Pre-announced Consumption Tax Reforms: Micro-level Evidence from European VAT Presented by: Boryana Madzharova, FAU Erlangen Nuremberg Tax Cuts Starve the Beast! Evidence from Germany Presented by: Daniel Stöhlker, ifo Institute Session 294: Uncertainty and the Business Cycle August 29, 2018 16:30 to 17:45 Seminargebäude: S14 Session Chair: Andreas Freitag, University of Basel andreas.freitag@unibas.ch Session type: EEA contributed Uncertainty is Change Presented by: Stefan Lautenbacher, ifo Institute and LMU Munich Redistribution and Fiscal Uncertainty Shocks Presented by: Hikaru Saijo, University of California Santa Cruz Exchange-rate pass-through via the supply side Presented by: Andreas Freitag, University of Basel Session 295: Urban Public Economics August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII Session Chair: Marcelo dos Santos, Insper MarceloRS2@insper.edu.br Session type: EEA contributed Property Taxation, Housing, and Local Labor Markets: Evidence from German Municipalities Presented by: Sebastian Siegloch, University of Mannheim East Side Story: Historic Pollution and Neighborhood Segregation Presented by: Yanos Zylberberg, University of Bristol Gray Zones: Slums and Urban Structure in Developing Countries Presented by: Marcelo dos Santos, Insper Session 296: Health Economics August 29, 2018 16:30 to 17:45 Seminargebäude: S23 Session Chair: Yan Meng, Monash University yan.meng@monash.edu Session type: ES contributed Health and Income: Testing for Causality on European Elderly People Presented by: ERIC DELATTRE, ThEMA UCP Lower sick leave cover, fewer health-related work absences? Evidence from France Presented by: Alexandre Cazenave-Lacroutz, INSEE-CREST A Panel Data Analysis of Hospital Variations in Length of Stay for Hip Replacements: Private versus Public Presented by: Yan Meng, Monash University Session 297: Schooling and Labour Markets in Emerging and Developing Countries August 29, 2018 16:30 to 17:45 Seminargebäude: S21 Session Chair: T. Terry Cheung, Washington University in St. Louis cheung.t@wustl.edu Session type: ES contributed The Impact of the Minimum Wage on the Destruction and Creation of Products Presented by: Roberto Alvarez, University of Chile Upping the Ante: The Equilibrium Effects of Unconditional Grants to Private Schools Presented by: Selcuk Ozyurt, Sabanci University Schooling, Skill Demand and Differential Fertility in the Process of Structural Transformation Presented by: T. Terry Cheung, Washington University in St. Louis Session 298: Labour Markets August 29, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E Session Chair: Andreas Gulyas, University of Mannheim andreas.gulyas@gmail.com Session type: ES contributed Job Ladders and Growth in Earnings, Hours, and Wages Presented by: Hubert Janicki, U.S. Census Bureau Firm Heterogeneity, Workforce Composition, and Technical Change Presented by: Victoria Gregory, New York University Identifying Labor Market Sorting with Firm Dynamics Presented by: Andreas Gulyas, University of Mannheim Session 299: Firm Dynamics August 29, 2018 16:30 to 17:45 Seminargebäude: S22 Session Chair: Alex Clymo, University of Essex ajclymo@gmail.com Session type: ES contributed Small and Large Firms over the Business Cycle Presented by: Neil Mehrotra, Brown University The Cyclical Composition of Startups Presented by: Eran Hoffmann, Stanford University Firm Dynamics at the Zero Lower Bound Presented by: Alex Clymo, University of Essex Session 300: Government and the Macroeconomy II August 29, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum Session Chair: Jonathan Wolff, Miami University wolffjs@miamioh.edu Session type: ES contributed The Ineffectiveness of Fiscal Policy in Recessions: Size Does Matter Presented by: Aditi Thapar, University of Michigan The State Dependent Effects of Tax Shocks Presented by: Jonathan Wolff, Miami University Session 301: Bayesian Methods in Finance August 29, 2018 16:30 to 17:45 Seminargebäude: S25 Session Chair: Pawel Szerszen, Federal Reserve Board of Governors pawel.j.szerszen@frb.gov Session type: ES contributed Comparing Asset Pricing Models with Traded and Non-Traded Factors Presented by: ROHIT ALLENA, EMORY UNIVERSITY Bayesian Inference of the Multi-Period Optimal Portfolio for an Exponential Utility Presented by: Nestor Parolya, Leibniz University Hannover A Randomized Missing Data Approach to Robust Filtering with Applications to Economics and Finance Presented by: Pawel Szerszen, Federal Reserve Board of Governors Session 302: Model Averaging and Mixture Models August 29, 2018 16:30 to 17:45 Seminargebäude: S16 Session Chair: Jen-Che Liao, Academia Sinica jccepd@gmail.com Session type: ES contributed Testing for observation-dependent regime switching in mixture autoregressive models Presented by: Mika Meitz, University of Helsinki Autoregressive Spectral Averaging Estimator Presented by: Chu-An Liu, Academia Sinica GMM Long-Run Variance Estimation via VAR Averaging Presented by: Jen-Che Liao, Academia Sinica Session 303: The Econometrics of Networks August 29, 2018 16:30 to 17:45 Seminargebäude: S26 Session Chair: Marco van der Leij, University of Amsterdam m.j.vanderleij@uva.nl Session type: ES contributed Non-randomly sampled networks: Biases and corrections Presented by: Jaromir Kovarik, University of the Basque Country & Bridge Maximum Likelihood Estimation of Information Diffusion in Dense Networks Presented by: Lisa-Susanna Stephan, University of Amsterdam Dynamic interbank network analysis using latent space models Presented by: Marco van der Leij, University of Amsterdam Session 304: Rational Inattention August 29, 2018 16:30 to 17:45 Philosophikum: S85 Session Chair: Chad Fulton, Federal Reserve Board chad.t.fulton@frb.gov Session type: ES contributed Eliciting prior beliefs Presented by: Elias Tsakas, Maastricht University Cardinal Representations of Information Presented by: Jeffrey Mensch, Hebrew University Mechanics of linear quadratic Gaussian rational inattention tracking problems Presented by: Chad Fulton, Federal Reserve Board Session 305: Cooperative and non-Cooperative Games August 29, 2018 16:30 to 17:45 Philosophikum: S66 Session Chair: Dominik Karos, Maastricht University d.karos@maastrichtuniversity.nl Session type: ES contributed How to compromise when compromising is inefficient Presented by: Eric van Damme, Tilburg University Industry Costs and Research Aggregation in Dynamic Competition Presented by: Greg Kubitz, NYU, Stern School of Business A non-cooperative Foundation for Farsighted Stability Presented by: Dominik Karos, Maastricht University Session 306: Frictions in Finance August 29, 2018 16:30 to 17:45 Philosophikum: S69 Session Chair: Daniel Metzger, Stockholm School of Economics daniel.metzger@hhs.se Session type: ES contributed Leaks, Disclosures and Internal Communication Presented by: Taejin Kim, The Chinese University of Hong Kong Agency Conflicts over the Short and Long Run: Short-Termism, Long-Termism, and Pay-for-Luck Presented by: Simon Mayer, Erasmus University Rotterdam Are Shareholder Votes Rigged? Presented by: Daniel Metzger, Stockholm School of Economics Session 307: Behavioural Asset Pricing August 29, 2018 16:30 to 17:45 Philosophikum: S76 Session Chair: Luiz Felix, VU University luizfffelix@yahoo.com Session type: ES contributed Investor Sentiment and Paradigm Shifts in Equity Premium Forecasting Presented by: Liya Chu, East China University of Science and Technology Deja Vu: Do Experienced Returns Affect Mutual Fund Managers’ Investment Decisions? Presented by: Shema Mitali, University of Warwick Predictable Biases in Macroeconomic Forecasts and Their Impact Across Asset Classes Presented by: Luiz Felix, VU University Session 308: Competition and Trade Policies August 29, 2018 16:30 to 17:45 Philosophikum: S63 Session Chair: Sergey Kokovin, National Research University Higher School of Economics skokov7@gmail.com Session type: ES contributed Subtracting Hopenhyan from Melitz: A New Model of Trade with Firm Heterogeneity Presented by: Wen Zhou, University of Hong Kong Trade and Domestic Policy in Models with Monopolistic Competition Presented by: Chiara Forlati, University of Southampton Liberalization Should Go Far: Small Trade Is Harmful under Classical Monopolistic Competition Presented by: Sergey Kokovin, National Research University Higher School of Economics Session 309: IO and Productivity August 29, 2018 16:30 to 17:45 Philosophikum: S57 Session Chair: Andreas Menzel, CERGE-EI Andreas.Menzel@cerge-ei.cz Session type: ES contributed Organizational Design with Portable Skills Presented by: Luca Picariello, Norwegian School of Economics selling ability in export market Presented by: Kai Li, Xiamen University Knowledge Exchange and Productivity Spill-overs in Bangladeshi Garment Factories Presented by: Andreas Menzel, CERGE-EI Session 310: Incentives and Competition August 29, 2018 16:30 to 17:45 Philosophikum: S58 Session Chair: Philipp Denter, Universidad Carlos III de Madrid pdenter@eco.uc3m.es Session type: ES contributed Group Size, Collective Action and Complementarities in Efforts Presented by: Romain Fayat, CEE-M Contests with Ex-Ante Target Setting Presented by: Matthew Robertson, University of Strathclyde Showing Off or Laying Low? Presented by: Philipp Denter, Universidad Carlos III de Madrid Session 311: Aspirations, Social Norms and Development August 29, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B Session Chair: Orazio Attanasio, University College London o.attanasio@ucl.ac.uk Session type: EEA plenary Aspirations, Social Norms and Development Presented by: Eliana La Ferrara, Bocconi University, Milan Session 312: Transparent Structural Estimation August 30, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal B Session Chair: Whitney Newey, Massachusetts Institute of Technology wnewey@mit.edu Session type: ES invited Session 313: Behavioural Macroeconomics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A1 Session Chair: Mirko Wiederholt, Goethe University Frankfurt wiederholt@wiwi.uni-frankfurt.de Session type: EEA invited Stock Prices and Economic Activity Presented by: Klaus Adam, University of Mannheim Economic Agents as Imperfect Problem Solvers Presented by: Cosmin Ilut, Duke University Inflation Expectations and Choices of Households: Evidence from Matched Survey and Administrative Data Presented by: Mirko Wiederholt, Goethe University Frankfurt Session 314: Culture and Economics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal C Session Chair: Armin Falk, University of Bonn and briq armin.falk@uni-bonn.de Session type: EEA invited Understanding Cultural Persistence and Change Presented by: Paola Giuliano, UCLA Forced Migration and Human Capital: Evidence from Post-WWII Population Transfers Presented by: Nico Voigtlaender, UCLA Global Evidence on Economic Preferences and Outcomes Presented by: Thomas Dohmen, University Bonn From Welfare to Warfare: New Deal Spending and Patriotism during World War II Presented by: Hans-Joachim Voth, University of Zurich; UBS International Session 315: Inequality and Tax Policy August 30, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal II Session Chair: Etienne Lehmann, Université Panthéon-Assas Paris II el@eeassoc.org Session type: EEA invited Should Robots Be Taxed? Presented by: Pedro Teles, Banco de Portugal, Univ Catolica Portugu Generalized Compensation Principle Presented by: Nicolas Werquin, Toulouse School of Economics Optimal Nonlinear Taxation with Many Different Incomes: A Sufficient Statistics Approach Presented by: Etienne Lehmann, Université Panthéon-Assas Paris II Session 316: The Economics of Management August 30, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIII Session Chair: Maria Guadalupe, INSEAD Maria.GUADALUPE@insead.edu Session type: EEA invited The Effect of Incentives & Leadership in Non-Routine Analytic Team Tasks - Evidence from Field Experiments Presented by: Florian Englmaier, University of Munich Two Field Experiments on Worker Turnover, Organizational Performance and Managers Presented by: Guido Friebel, Goethe Universität Frankfurt More Women in Tech? Evidence from a Field Experiment Addressing Social Identity Presented by: Maria Guadalupe, INSEAD Session 317: Macroeconomics of Inequality August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal B Session Chair: Michele Tertilt, University of Mannheim tertilt@uni-mannheim.de Session type: ES invited Macroeconomic Inequality, Parental Investments, and the Persistence of Poverty Presented by: Matthias Doepke, Northwestern University Rethinking the Welfare State Presented by: Nezih Guner, CEMFI Session 318: Family Economics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A2 Session Chair: Orazio Attanasio, University College London o.attanasio@ucl.ac.uk Session type: ES invited Love, Ethnicity or Legal Status? Natural Experiments in Marriage Markets Presented by: Jerome Adda, Bocconi University Health Shocks to Elderly Parents and Children's Labor Supply Response Presented by: Katrine Loken, Norwegian School of Economics Session 319: Economics of Research and Experimentation August 30, 2018 10:45 to 12:45 Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor) Session Chair: Marco Ottaviani, Bocconi University marco.ottaviani@unibocconi.it Session type: ES invited A Theory of Experimenters Presented by: Sylvain Chassang, New York University Which Findings Should Be Published? Presented by: Maximilian Kasy, Harvard University Session 320: Competition and Innovation August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa Session Chair: Thanos Athanasopoulos, Faculty of Business and Law; De Montfort University th.athanaso@gmail.com Session type: EEA contributed Integration and Competition for Innovation in Science-based Industries Presented by: Tapas Kundu, Oslo Metropolitan University Small Steps or Giant Leaps? Competition and the Size of Innovations Presented by: Thomas Fackler, ifo Institute Product development, optimal intellectual property rights and dynamic competition Presented by: Richard Ruble, EMLYON Business School R&D Incentives, Standards and Compatibility in Network Goods Markets Presented by: Thanos Athanasopoulos, Faculty of Business and Law; De Montfort University Session 321: Corruption and Politics August 30, 2018 14:15 to 16:00 Philosophikum: S54 Session Chair: Vítězslav Titl, KU Leuven titl.vitezslav@gmail.com Session type: EEA contributed How to Fight Corruption: Carrots and Sticks Presented by: Dmitriy Knyazev, Bonn University The Reversal of Fortune, Extractive Institutions and the Historical Roots of Racism Presented by: Matthew Bonick, University of Freiburg Corruption and Risk: How Corruption Raises and Reduces Risk Presented by: Sylta Cornils, European University Institute Political Connections and Competition on Public Procurement Markets Presented by: Vítězslav Titl, KU Leuven Session 322: Credit and the Macroeconomy August 30, 2018 14:15 to 16:00 Philosophikum: S92 Session Chair: Florian Exler, University of Vienna flo.exler@gmail.com Session type: EEA contributed When to Lean Against the Wind Presented by: Bjorn Richter, University of Bonn An optimal macroprudential policy mix for segmented credit markets Presented by: Jelena Zivanovic, Bank of Canada The Macroeconomic Effectiveness of Bank Bail-ins Presented by: Christiaan van der Kwaak, Regulating Consumer Credit with Over-Optimistic Borrowers Presented by: Florian Exler, University of Vienna Session 323: Development: Education August 30, 2018 14:15 to 16:00 Seminargebäude: S14 Session Chair: Jorge Garcia Hombrados, London School of Economics jorge.garcia.hombrados@gmail.com Session type: EEA contributed Incentivizing Attendance in the Presence of Parent-Child Information Frictions Presented by: Christine Valente, University of Bristol No Free Lunch: Using Technology to Improve the Efficacy of School Feeding Programs Presented by: Sisir Debnath, Indian School of Business Student performance in primary school. A comparative study of Francophone and Anglophone Cameroon Presented by: Yasmine Bekkouche, Paris School of Economics Female Genital Cutting and Education: Causal evidence from Senegal Presented by: Jorge Garcia Hombrados, London School of Economics Session 324: Development: Well Being, Risks, and Insurance August 30, 2018 14:15 to 16:00 Seminargebäude: S12 Session Chair: Hanna Freudenreich, Leibniz Center of Veg. and Orn. Crops freudenreich@igzev.de Session type: EEA contributed The impact of local shocks on well-being: Only a matter of perception? (Working Title) Presented by: Wiebke Stein, Leibniz University Hannover Demand for Insurance and Within-Kin-Group Marriage: Evidence from a West African Country Presented by: Rozenn Hotte, Paris School of Economics Risk sharing and the demand for insurance: Theory and experimental evidence from Ethiopia Presented by: Erlend Berg, University of Bristol Formal insurance, risk sharing, and the dynamics of other-regarding preferences Presented by: Hanna Freudenreich, Leibniz Center of Veg. and Orn. Crops Session 325: Evidence on Credit Markets August 30, 2018 14:15 to 16:00 Seminargebäude: S15 Session Chair: Federico Signoretti, Bank of Italy federicomaria.signoretti@bancaditalia.it Session type: EEA contributed Detecting imbalances in house prices: What goes up must come down? Presented by: Andre Anundsen, Norges Bank Disentangling Credit Shocks in the Irish Mortgage Market Presented by: Michael O'Grady, Central Bank of Ireland A Method for Identifying Aggregate Credit Supply and Demand Parameters Using Heteroskedasticity: An Application for Brazil Presented by: Marcio Garcia, PUC-Rio Bank capital constraints, lending supply and economic activity Presented by: Federico Signoretti, Bank of Italy Session 326: Exchange Rates August 30, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G Session Chair: Jan Mellert, TU Dortmund jan.mellert@uni-konstanz.de Session type: EEA contributed Terms of Trade Shocks and Heterogeneous International Portfolio Positions Presented by: Jonathan Adams, University of Florida International Risk Sharing and Portfolio Choice with Non-separable Preferences Presented by: Hande Kucuk, Central Bank of Turkey Twin Ds and Credit to the Private Sector Presented by: Jan Mellert, TU Dortmund Session 327: Family Policies and Labour Supply August 30, 2018 14:15 to 16:00 Philosophikum: S65 Session Chair: Amairisa Kouki, Royal Holloway University of London kouki_am@hotmail.com Session type: EEA contributed Life-cycle Cost of Overconfidence: Evidence from Maternity Leave Reforms Presented by: Ulrich Schneider, DIW Berlin Child Care Reforms and Labor Market Participation of Migrant and Native Mothers Presented by: Beate Jochimsen, HWR Berlin Universal childcare for the youngest and maternal labour supply Presented by: Astrid Kunze, NHH Norwegian School of Economics Flexible working arrangements and women's lifetime outcomes Presented by: Amairisa Kouki, Royal Holloway University of London Session 328: Finance, Housing and Retirement August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII Session Chair: Christoph Merkle, Kuehne Logistics University – KLU christoph.merkle@the-klu.org Session type: EEA contributed Preference for Housing Services and House Price Bubble Occurrence: Evidence from a Macro-Experiment Presented by: Stefanie Huber, University of Amsterdam, Tinbergen Institute How much information is incorporated in financial asset prices? Experimental Evidence Presented by: Christoph Siemroth, University of Essex Bubbles and Financial Professionals Presented by: Christoph Huber, University of Innsbruck Inconsistent Retirement Timing Presented by: Christoph Merkle, Kuehne Logistics University – KLU Session 329: Gender and Ethnicity August 30, 2018 14:15 to 16:00 Philosophikum: S73 Session Chair: Binnur Balkan, SSE binnurbalkan@gmail.com Session type: EEA contributed Gender Differences in Alternating-Offer Bargaining: An Experimental Study Presented by: Iñigo Hernandez-Arenaz, University of the Balearic Islands Gender Differences in Tournament Choices: Risk Preferences, Overconfidence or Competitiveness? Presented by: Roel van Veldhuizen, WZB Berlin The impact of role models on women's self-selection in competitive environments Presented by: Kristina Meier, University of Mannheim Ethnic Discrimination in the Turkish Labor Market: Evidence from Survey and Field Data Presented by: Binnur Balkan, SSE Session 330: International Capital Flows, Controls and Allocations August 30, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D Session Chair: Daniel Marcel te Kaat, University of Osnabrück dantekaat@uni-osnabrueck.de Session type: EEA contributed Cross-Border Bank Flows and Monetary Policy Presented by: Horacio Sapriza, Federal Reserve Board Searching for Yield Abroad: Risk-Taking through Foreign Investment in U.S. Bonds Presented by: Stijn Claessens, BIS Capital Controls and Firm Performance: The Case of the Chilean Encaje Presented by: Eugenia Andreasen, Universidad de Santiago de Chile International Capital Flows and the Allocation of Credit Across Firms Presented by: Daniel Marcel te Kaat, University of Osnabrück Session 331: International Migration August 30, 2018 14:15 to 16:00 Philosophikum: S82 Session Chair: Arthur Silve, Université Laval arthur.silve_conferencemaker@m4x.org Session type: EEA contributed Human Smuggling and Intentions to Migrate: Global Evidence from a Supply Shock along Africa-to-Europe Migration Routes Presented by: Miriam Manchin, UCL Risk Attitudes and Migration Decisions Presented by: Roberto Roca Paz, University of Jena International migration and cultural convergence Presented by: Arthur Silve, Université Laval Session 332: Labour Markets and Economic Integration August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb Session Chair: Wolfgang Lechthaler, Kiel Institute for the World Economy wolfgang.lechthaler@ifw-kiel.de Session type: EEA contributed Factor Mobility in the Euro Area Presented by: Fernanda Nechio, Federal Reserve Bank of San Francisco The Benefits of Labor Mobility in a Currency Union Presented by: Christian Proebsting, EPFL Do Unit Labor Costs Matter? A Decomposition Exercise on European Data Presented by: Sophie Piton, Paris School of Economics & CEPII The dynamic and distributional aspects of import tariffs Presented by: Wolfgang Lechthaler, Kiel Institute for the World Economy Session 333: Macroeconomics: Fiscal Policy II August 30, 2018 14:15 to 16:00 Seminargebäude: S11 Session Chair: Oliwia Komada, Warsaw School of Economics, GRAPE|FAME oliwiakomada@gmail.com Session type: EEA contributed Optimal fiscal policy with heterogeneous agents under a private credit crunch Presented by: Annika Ivens, TU Dortmund University Decentralization and Overborrowing in a Fiscal Federation Presented by: Zoe Xie, Federal Reserve Bank of Atlanta The Inflation Response to Fiscal Policy Shocks: A Fiscal Price Puzzle? Presented by: Søren Ravn, University of Copenhagen Effciency versus insurance: The role for fiscal policy in social security privatization Presented by: Oliwia Komada, Warsaw School of Economics, GRAPE|FAME Session 334: Media and Platforms August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb Session Chair: Lawrence M. Ausubel, University of Maryland ausubel@econ.umd.edu Session type: EEA contributed Pricing in the Transition from Owning to Sharing Presented by: Justus Baron, Northwestern University Prioritization vs zero-rating: Discrimination on the internet Presented by: Axel Gautier, U Liege, HEC Management School Media, fake news and debunking Presented by: Martin Richardson, Australian National University Market Design and the FCC Incentive Auction Presented by: Lawrence M. Ausubel, University of Maryland Session 335: Monetary Policy Design August 30, 2018 14:15 to 16:00 Seminargebäude: S01 Session Chair: Petre Caraiani, Romanian Academy petre.caraiani@gmail.com Session type: EEA contributed On Targeting Frameworks and Optimal Monetary Policy Presented by: Martin Bodenstein, Federal Reserve Board Monetary policy under disagreement Presented by: David Vestin, Sveriges Riksbank STRUCTURAL REFORMS AND MONETARY POLICIES IN A BEHAVIORAL MACREOECONOMIC MODEL Presented by: Yuemei Ji, University College London The Global Comovement of Bubbles Presented by: Petre Caraiani, Romanian Academy Session 336: Monetary Policy: Empirics August 30, 2018 14:15 to 16:00 Seminargebäude: S24 Session Chair: Fergus Cumming, fergus.cumming@nuffield.ox.ac.uk Session type: EEA contributed The Puzzling Effects of Monetary Policy in VARs: Invalid Identification or Missing Information? Presented by: Mark Kerssenfischer, Deutsche Bundesbank Do we really know how to manage monetary policy? One century with the Federal Reserve and its good policies...or good luck? Presented by: David Pavon Prado, University Carlos III of Madrid Misplaced Childhood: When Depression Babies Grow Up As Central Bankers Presented by: Etienne Farvaque, Monetary Policy and its effect on regional employment Presented by: Fergus Cumming, Session 337: Political Economy of Public Policies August 30, 2018 14:15 to 16:00 Philosophikum: S67 Session Chair: Sümeyra Atmaca, Ghent University Sumeyra.Atmaca@UGent.be Session type: EEA contributed On the political economy of compulsory education Presented by: Lisa Grazzini, University of Florence The Impact of Corruption Suspicion on Public Procurement: More Fear than Harm? Presented by: Marion Chabrost, Paris School of Economics Trust towards Institutions among European Immigrants Presented by: Ilpo Kauppinen, Vatt Institute for Economic Research Corrupt Reserve Prices Presented by: Sümeyra Atmaca, Ghent University Session 338: Student Achievement in School and College August 30, 2018 14:15 to 16:00 Philosophikum: S55 Session Chair: Cristina Bellés Obrero, University of Mannheim cristina.belles@upf.edu Session type: EEA contributed Quiet please! Adverse effects of noise on child development Presented by: Kerstin Schneider, University of Wuppertal Can female role models reduce the gender gap in science? Evidence from classroom interventions in French high schools Presented by: Clémentine VAN EFFENTERRE, Harvard Kennedy School Afraid to go to School? Estimating the Effect of Violence on Schooling Outcomes Presented by: Martin Foureaux Koppenstein, University of Leicester Who is Learning? A Field Experiment Comparing Three Different Incentive Schemes in the Same Educational Setting Presented by: Cristina Bellés Obrero, University of Mannheim Session 339: Systemic Risk August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa Session Chair: Sebastian Doerr, University of Zurich sebastian.doerr@econ.uzh.ch Session type: EEA contributed Bank Signalling, Risk of Runs, and the Informational Impacts of Regulations Presented by: Tamas Vadasz, University of Warwick Collateral Runs Presented by: Alexandros Vardoulakis, Board of Governors of the Federal Reserve System Systematic and Systemic Stress Tests Presented by: Martin Summer, Oesterreichische Nationalbank Collateral, Misallocation, and Aggregate Productivity: Evidence from the U.S. Housing Boom Presented by: Sebastian Doerr, University of Zurich Session 340: Taxation and Housing with Heterogeneous Agents August 30, 2018 14:15 to 16:00 Seminargebäude: S13 Session Chair: Jochen Mankart, Deutsche Bundesbank jochen.mankart@bundesbank.de Session type: EEA contributed Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk Presented by: Alexander Ludwig, Research Center SAFE, Goethe University The Aggregate Consequences of Tax Evasion Presented by: Anna-Mariia Tkhir, University of Konstanz The Macroeconomics of Housing and the Dynamics of Wealth Inequality Presented by: Thomas Steger, University of Leipzig House Price Expectations and Housing Choice Presented by: Jochen Mankart, Deutsche Bundesbank Session 341: Unemployment and Labour Market Policies August 30, 2018 14:15 to 16:00 Philosophikum: S83 Session Chair: Reamonn Lydon, Central Bank of Ireland reamonn.lydon@centralbank.ie Session type: EEA contributed Shortening the potential duration of unemployment benefits and labor market outcomes: Evidence from a natural experiment in Germany Presented by: Inna Petrunyk, Leuphana University The spike at benefit exhaustion in the Finnish labor market Presented by: Hanna Pesola, VATT Institute for Economic Research Short-time work in the aftermath of the Great Recession: Firm-level evidence from 20 EU countries Presented by: Reamonn Lydon, Central Bank of Ireland Session 342: Firms, Hours Worked and Labour Demand August 30, 2018 14:15 to 16:00 Seminargebäude: S23 Session Chair: Claudio Labanca, Monash University claudio.labanca@monash.edu Session type: ES contributed CEO Pay in an Open Economy Presented by: Juan Correa, Universidad Andrés Bello Short-time Work Subsidies in a Matching Model Presented by: Volker Meier, Ifo Institute for Economic Research Labor demand response to labor supply incentives: Evidence from the German Mini-Job reform Presented by: Gabriela Galassi, Bank of Canada Coordination of Hours within the Firm Presented by: Claudio Labanca, Monash University Session 343: Human Capital in Emerging and Developing Economies August 30, 2018 14:15 to 16:00 Seminargebäude: S21 Session Chair: Tarun Jain, Indian School of Business tj9d@virginia.edu Session type: ES contributed Addressing Selection: Experimental Evidence from Design Variations in a Skills Training Program Presented by: Muhammad Farooq Naseer, Lahore University of Management Sciences The Human Capital Legacy of a Trade Embargo Presented by: Matthias Parey, University of Essex Maternal Depression, Women's Empowerment, and Parental Investment: Evidence from a Randomized Control Trial Presented by: Pietro Biroli, University of Zurich Reshaping Adolescents' Gender Attitudes: Evidence from a School-Based Experiment in India Presented by: Tarun Jain, Indian School of Business Session 344: Energy, Oil and Environmental Economics August 30, 2018 14:15 to 16:00 Seminargebäude: S26 Session Chair: Dimitri Szerman, PUC-Rio/CPI dimitrijoe@gmail.com Session type: ES contributed The Simple Economics of Global Fuel Consumption Presented by: Reinhard Ellwanger, Bank of Canada Energy Intensity, Directed Technological Change and Economic Growth: Will the Autonomous Decline of Energy Intensity Continue? Presented by: Akshay Shanker, Australian National University Special interests and public opinion in American environmental politics Presented by: Elise Grieg, ETHZ Property Rights and Deforestation: Evidence from the Amazon Presented by: Dimitri Szerman, PUC-Rio/CPI Session 345: Productivity Growth August 30, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum Session Chair: Michio Suzuki, Hitotsubashi University michio.suzuki2008@gmail.com Session type: ES contributed Walking on two legs: Growth accounting with labor-saving and capital-saving technical change Presented by: Mehdi Senouci, Ecole Centrale Paris Capital Obsolescence and Agricultural Productivity Presented by: Elisa Keller, University of Exeter Decomposition of Aggregate Productivity Growth with Unobserved Heterogeneity Presented by: Michio Suzuki, Hitotsubashi University Session 346: Communication and Monetary Policy August 30, 2018 14:15 to 16:00 Philosophikum: S85 Session Chair: Donghai Zhang, University of Bonn donghai.zhang@upf.edu Session type: ES contributed Optimal Central Bank Forward Guidance Presented by: Eunmi Ko, University of Rochester The Signalling Channel of Negative Interest Rates Presented by: Alexander Haas, DIW Berlin Behavioral Learning Equilibria, Persistence Amplification & Optimal Monetary Policy Presented by: Cars Hommes, University of Amsterdam Term Structure, Forecast Revision and the Information Channel of Monetary Policy Presented by: Donghai Zhang, University of Bonn Session 347: Survey Forecasts and their Macroeconomic Implications August 30, 2018 14:15 to 16:00 Seminargebäude: S16 Session Chair: Johannes Wohlfart, Goethe University Frankfurt wohlfart@econ.uni-frankfurt.de Session type: ES contributed Overconfidence versus rounding in survey-based density forecasts Presented by: Alexander Glas, Heidelberg University Formation of Market Beliefs in the Oil Market Presented by: Veronika Selezneva, CERGE-EI The Structure of Disagreement Presented by: Fabian Winkler, Federal Reserve Board How Do Expectations About the Macroeconomy Affect Personal Expectations and Behavior? Presented by: Johannes Wohlfart, Goethe University Frankfurt Session 348: Predicting Stock Returns and Volatility August 30, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E Session Chair: Matthias Fengler, University of St. Gallen matthias.fengler@unisg.ch Session type: ES contributed Consumption and wealth in the long run: an integrated unobserved component approach Presented by: Lorenzo Pozzi, Erasmus University Rotterdam Testing Return Predictability with the Dividend-Growth Equation: An Anatomy of the Dog Presented by: Erik Hjalmarsson, University of Gothenburg Predicting the VIX and the Volatility Risk Premium: The Role of Credit and Commodity Volatility Risk Presented by: Elena Andreou, University of Cyprus Global estimation of realized spot volatility in the presence of price jumps Presented by: Matthias Fengler, University of St. Gallen Session 349: Financial Econometrics: Modelling Tail Behaviour August 30, 2018 14:15 to 16:00 Seminargebäude: S22 Session Chair: Mamiko Yamashita, Toulouse School of Economics yamashita.mamiko@tse-fr.eu Session type: ES contributed Quantile Connectedness: Modelling Tail Behaviour in the Topology of Financial Networks Presented by: Matthew Greenwood-Nimmo, University of Melbourne Why expected loss is not the right measure of credit risk: tail inference for balance sheet data Presented by: Andrei Sarychev, European Central Bank Estimating and Forecasting Extreme Financial Risk Measures from High-Frequency Data: An Intrinsic Time Approach Presented by: Timo Dimitriadis, University of Konstanz Return predictability and risk management Presented by: Mamiko Yamashita, Toulouse School of Economics Session 350: Networks and Spatial Dependence August 30, 2018 14:15 to 16:00 Seminargebäude: S25 Session Chair: Andros Kourtellos, University of Cyprus ANDROS@UCY.AC.CY Session type: ES contributed Consistent specification testing under network dependence Presented by: Abhimanyu Gupta, University of Essex Network Dependence and Inference Presented by: Julius Vainora, Universidad Carlos III de Madrid The LLN and CLT for Kernel-Weighted U-Processes of Spatially Dependent Data with Applications to Nonparametric Model Specification Testing Presented by: Yiguo Sun, UNIVERSITY OF GUELPH Threshold Spatial Autoregression Presented by: Andros Kourtellos, University of Cyprus Session 351: Global Games August 30, 2018 14:15 to 16:00 Philosophikum: S66 Session Chair: Sarita Bunsupha, Harvard University may.sarita@gmail.com Session type: ES contributed Investment in the Shadow of Conflict: General Equilibrium Foundations of Regime Change Presented by: Mehdi Shadmehr, Institute for Advanced Study, Princeton. ORGANIZATIONS AND COORDINATION IN A DIVERSE POPULATION Presented by: Liang Dai, Shanghai Jiao Tong University and SIIFE Global Games with Interim Information Acquisition Presented by: Meichen Chen, Washington University in St. Louis Competing to Coordinate Presented by: Sarita Bunsupha, Harvard University Session 352: Networks: Interactions and Policy August 30, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80 Session Chair: Nizar Allouch, University of Kent n.allouch@kent.ac.uk Session type: ES contributed The Transmission of Continuous Cultural Traits in Endogenous Social Networks Presented by: Tim Hellmann, Bielefeld University Peer-Confirming Equilibrium Presented by: Evan Sadler, Harvard University Targeted Carbon Tax Reforms Presented by: Alexander Teytelboym, University of Oxford Strategic default in financial networks Presented by: Nizar Allouch, University of Kent Session 353: Trust, Corruption and Shadow Banking August 30, 2018 14:15 to 16:00 Philosophikum: S69 Session Chair: Vesa Pursiainen, The University of Hong Kong vesa@hku.hk Session type: ES contributed Anti-corruption and Bank Lending Presented by: Cheng Sun, Peking University The Role of Trust in Online Lending Presented by: Christoph Bertsch, Sveriges Riksbank Fund What You Trust? Social Capital and Moral Hazard in Crowdfunding Presented by: Vesa Pursiainen, The University of Hong Kong Session 354: New Approaches in Empirical Asset Pricing August 30, 2018 14:15 to 16:00 Philosophikum: S76 Session Chair: Paula Mirela Sandulescu, University of Lugano & Swiss Finance Institute paula.mirela.sandulescu@usi.ch Session type: ES contributed Long- and Short-Run Components of Factor Betas: Implications for Equity Pricing Presented by: Weining Wang, City University of London Predicting risk premia in short-term interest rates and exchange rates Presented by: Thomas Kostka, European Central Bank Time-Varying Risk Premia in Large International Equity Markets Presented by: Hugues Langlois, HEC Paris Model-Free International Stochastic Discount Factors Presented by: Paula Mirela Sandulescu, University of Lugano & Swiss Finance Institute Session 355: Public Economics: Taxes and Transfers August 30, 2018 14:15 to 16:00 Philosophikum: S63 Session Chair: Axelle Ferriere, European University Institute axelle.ferriere@eui.eu Session type: ES contributed The Dynamic Effects of Tax Audits Presented by: Arun Advani, Warwick/IFS Welfare Analysis of Transfer Programs with Jumps in Reported Income: Evidence from the Brazilian Bolsa Familia Presented by: Juan Rios, Stanford University On the Taxation of Household Earnings Presented by: Felipe Lobel, Fundacao Getulio Vargas Public Debt, Redistribution, and Growth Presented by: Axelle Ferriere, European University Institute Session 356: Mechanism Design and Auctions August 30, 2018 14:15 to 16:00 Philosophikum: S57 Session Chair: Leslie Marx, Duke University marx@duke.edu Session type: ES contributed The Performance of Core-Selecting Auctions: An Experiment Presented by: Marion Ott, RWTH Aachen University Revenue Maximizing Mechanisms in the Cloud Computing Market Presented by: Georgios Petropoulos, MIT and Bruegel College Admission in Three Chinese Provinces: Boston Mechanism vs. Deferred Acceptance Mechanism Presented by: Yun Pu, The Ohio State University Coordinated Effects for Mergers in Procurement Markets Presented by: Leslie Marx, Duke University Session 357: Mechanism Design III August 30, 2018 14:15 to 16:00 Philosophikum: S58 Session Chair: Jan Knoepfle, Bonn University J.K@uni-bonn.de Session type: ES contributed Treating Symmetric Buyers Asymmetrically Presented by: Shraman Banerjee, O.P. Jindal Global University (Almost) Efficient Dominant Strategy Mechanisms for Asset Markets Presented by: Simon Loertscher, University of Melbourne Robust Efficient Decision Rules Presented by: Jernej Copic, GREQAM, Aix-Marseille Universite, CERGE-Ei Costly Verification and Correlated Information Presented by: Jan Knoepfle, Bonn University Session 358: Auctions August 30, 2018 14:15 to 16:00 Philosophikum: S78 Session Chair: Vitali Gretschko, ZEW; University of Mannheim vgretschko@gmail.com Session type: ES contributed Sequential Search Auctions with a Deadline Presented by: Daniel Z. LI, Durham University Business School Revenue guarantees in auctions with a (correlated) common prior and additional information Presented by: Takuro Yamashita, Toulouse School of Economics Optimal and Efficient Mechanisms with Budget Constrained Buyers Presented by: Alexei Boulatov, Higher School of Economics Endogenous Worst-Case Beliefs in First-Price Auctions Presented by: Vitali Gretschko, ZEW; University of Mannheim Session 359: Bank Regulation II August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII Session Chair: Nicola Garbarino, Bank of England nicola.garbarino@bankofengland.co.uk Session type: EEA contributed Liquidity Requirements and Bank Deposits: Evidence from Ethiopia Presented by: Nicola Limodio, Bocconi University Flooded through the back door: Firm-level effects of banks' capital shifts Presented by: Oliver Rehbein, Halle Institute for Economic Research Down payment and mortgage rates: evidence from equity loans Presented by: Nicola Garbarino, Bank of England Session 360: Behavioural IO Theory August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal D Session Chair: Ioana Chioveanu, Brunel University ioana.chioveanu@brunel.ac.uk Session type: EEA contributed Salience and Online Sales: The Role of Brand Image Concerns Presented by: Markus Dertwinkel-Kalt, University of Cologne Obfuscation and Shrouding with Network Effects: Big Data Strategies and the Limits of Competition Presented by: Georg Clemens, Compass Lexecon A More General Model of Price Complexity Presented by: Ioana Chioveanu, Brunel University Session 361: Bounded Rationality and Model Uncertainty August 30, 2018 16:30 to 17:45 Seminargebäude: S24 Session Chair: Anna Orlik, Federal Reserve Board of Governors Anna.A.Orlik@frb.gov Session type: EEA contributed Recursive equilibria in dynamic economies withbounded rationality Presented by: Runjie Geng, University of Zurich Sparse Restricted Perception Equilibrium Presented by: Volha Audzei, Czech National Bank, and CERGE-EI On Credible Monetary Policies under Model Uncertainty Presented by: Anna Orlik, Federal Reserve Board of Governors Session 362: Economic and Political Institutions August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb Session Chair: Jesse Wursten, KU Leuven jesse.wursten@kuleuven.be Session type: EEA contributed On the political economy of industrial, labor and social reforms as complements Presented by: Renaud Foucart, Nottingham University A Demographic Model of Economic Reform Presented by: Y. Stephen Chiu, University of Hong Kong Is Politics the Missing Piece of the Minimum Wage Puzzle? Presented by: Jesse Wursten, KU Leuven Session 363: Financial Regulation II August 30, 2018 16:30 to 17:45 Philosophikum: S92 Session Chair: Swarnava Biswas, University of Bristol s.biswas@bristol.ac.uk Session type: EEA contributed Bank capital and Risk-taking: Evidence from Misconduct Provisions Presented by: Belinda Tracey, Bank of England Cost of Bank Capital and Credit Supply in Distant Countries: Evidence from a Lender Country Tax Presented by: Swarnava Biswas, University of Bristol Session 364: Fiscal Policy II August 30, 2018 16:30 to 17:45 Seminargebäude: S15 Session Chair: Grace Li, International Monetary Fund bli2@imf.org Session type: EEA contributed Fiscal Stabilization and Growth: Evidence from Industry-level Data for Advanced and Developing Economies Presented by: Joao Jalles, IMF Local income tax competition with progressive taxes and a fiscal equalization scheme Presented by: Florian Kuhlmey, University of Basel How does Public Investment Affect Output and Inequality in Developing Economies? Presented by: Grace Li, International Monetary Fund Session 365: Health Information and Health Outcomes August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa Session Chair: Benjamin Serena, University of Copenhagen Benjamin.Ly.Serena@econ.ku.dk Session type: EEA contributed Effects of a National Health Information Technology on Prescription Drug Use and Abuse Presented by: Mikko Nurminen, Turku School of Economics The Effect of Graphic Warning Labels on Cigarette Packages in OECD/EU Countries Presented by: Christian Agethen, Saarland University The Effect of Iodine Deficiency in Adolescence on Academic Achievement in High School: Evidence from Salt Iodization in Denmark Presented by: Benjamin Serena, University of Copenhagen Session 366: Housing Markets August 30, 2018 16:30 to 17:45 Philosophikum: S67 Session Chair: Benedikt Vogt, CPB - Netherlands Bureau for Economic Policy Analysis b.vogt@cpb.nl Session type: EEA contributed Property tax and property values: Evidence from the 2012 Italian Tax Reform Presented by: Tommaso Oliviero, University of Naples Federico II and CSEF Estimating the House Price Elasticity of Brownfield Re-Development in English Cities Presented by: Felipe Carozzi, London School of Economics Collateral Damage? - Decreasing House Prices and Entrepreneurial Lending Presented by: Benedikt Vogt, CPB - Netherlands Bureau for Economic Policy Analysis Session 367: Income Shocks and Consumption Smoothing August 30, 2018 16:30 to 17:45 Philosophikum: S73 Session Chair: Robert Kirkby, Victoria University of Wellington robertdkirkby@gmail.com Session type: EEA contributed Income Shocks and Consumption Smoothing: Crisis Behaviour of Russian Households Presented by: Mariam Mamedli, Bank of Russia, National Research University Higher School of Economics Consumption Does Not Evolve as a Random Walk Around Small Income Shocks Presented by: Jeanne Commault, European University Institute Machine Learning the Consumption Function Presented by: Robert Kirkby, Victoria University of Wellington Session 368: Inequality August 30, 2018 16:30 to 17:45 Philosophikum: S65 Session Chair: Dirk Engelmann, Humboldt University Berlin dirk.engelmann@hu-berlin.de Session type: EEA contributed Inequality, Fairness and Social Capital Presented by: Yilong Xu, University of Heidelberg A choice experiment on the elicitation of preferences over income distributions Presented by: Sophie Cetre, Sciences Po Paris Preferences over Taxation of High Income Individuals: Evidence from Online and Laboratory Experiments Presented by: Dirk Engelmann, Humboldt University Berlin Session 369: Labor Economics: Wages II August 30, 2018 16:30 to 17:45 Seminargebäude: S14 Session Chair: Michael Böhm, Vancouver School of Economics and Univer mboehm1@uni-bonn.de Session type: EEA contributed Cyclical Labor Costs Within Jobs Presented by: Daniel Schaefer, University of Edinburgh Decomposing the Exporter Wage Gap: Selection or Differential Returns? Presented by: Jonas Bødker, Aarhus University Firms’ Heterogeneity and the Return to Cognitive Skills Presented by: Michael Böhm, Vancouver School of Economics and Univer Session 370: Monetary Policy and Inequality August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G Session Chair: David Finck, Justus-Liebig University Giessen david.finck@wirtschaft.uni-giessen.de Session type: EEA contributed Does Wealth Inequality Affect the Transmission of Monetary Policy? Presented by: Johannes Wacks, University of Mannheim A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy Presented by: Mohammed Ait Lahcen, University of Basel Mortgage Debt and Time-Varying Monetary Policy Transmission Presented by: David Finck, Justus-Liebig University Giessen Session 371: Monetary Policy and the Labour Market August 30, 2018 16:30 to 17:45 Seminargebäude: S11 Session Chair: Martin Seneca, Bank of England martin.seneca@bankofengland.co.uk Session type: EEA contributed Demographics, monetary policy and the zero lower bound Presented by: Marcin Bielecki, Narodowy Bank Polski and University of Warsaw More gray, more volatile? Aging and (optimal) monetary policy Presented by: Daniel Baksa, Central European University / Hungarian Academy of Science Labor mobility in a monetary union Presented by: Martin Seneca, Bank of England Session 372: Monetary Policy at the Lower Bound III August 30, 2018 16:30 to 17:45 Seminargebäude: S01 Session Chair: John Keating, University of Kansas jkeating@ku.edu Session type: EEA contributed Limits to Monetary Policy Transmission at the Zero Lower Bound and Beyond: The Role of Nonbanks Presented by: Vikors Stebunovs, Federal Reserve Board Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases Presented by: Lorenzo Burlon, Bank of Italy A Model of Monetary Policy Shocks for Financial Crises and Normal Conditions Presented by: John Keating, University of Kansas Session 373: Non-Tariff Barriers in International Trade August 30, 2018 16:30 to 17:45 Philosophikum: S54 Session Chair: Pauline Wibaux, Université Paris 1; Paris School of Economics wibauxp@gmail.com Session type: EEA contributed Thank you for Smoking! How Loopholes Create Big Rents for Big Tobacco Presented by: Andreas Kohler, Federal Department of Economic Affairs, Education and Research The Welfare Benefits of Raising your Standards: Evidence from International Regulatory Protectionism Presented by: Luca Macedoni, Aarhus University Trade and currency weapons Presented by: Pauline Wibaux, Université Paris 1; Paris School of Economics Session 374: Political Economy of Environment August 30, 2018 16:30 to 17:45 Philosophikum: S83 Session Chair: Reyer Gerlagh, Tilburg University r.gerlagh@uvt.nl Session type: EEA contributed Political economy of environmental regulation: the role of lobbying and elections in the US Senate Presented by: Hélia Costa, Toulouse School of Economics Electoral Incentives and Firm Behavior Presented by: Emiliya Lazarova, University of East Anglia Rent seeking in climate policy Presented by: Reyer Gerlagh, Tilburg University Session 375: Political Institutions II August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa Session Chair: Stephan Lauermann, University of Bonn, Department of Econom s.lauermann@uni-bonn.de Session type: EEA contributed Social Pressure, Transparency, and Voting in Committees Presented by: Alvaro Name-Correa, Universidad Carlos III de Madrid Optimal Elections Design Presented by: Andy Zapechelnyuk, University of St Andrews Costly Advice, Protests, and Nonbinding Elections Presented by: Stephan Lauermann, University of Bonn, Department of Econom Session 376: Retail Finance and Household Behaviour August 30, 2018 16:30 to 17:45 Philosophikum: S55 Session Chair: Anna Petronevich, Banque de France apetronevich@gmail.com Session type: EEA contributed For Those Who Want It All... Salience and Behavioral Financial Engineering in the French Financial Retail Market of the Early 2000s Presented by: Rodrigue Mendez, Université du Littoral Maturity Choice and Reference Points Presented by: Moritz Lukas, University of Hamburg How do lenders price energy-efficiency loans? Evidence from France Presented by: Anna Petronevich, Banque de France Session 377: Technological Change and Employment August 30, 2018 16:30 to 17:45 Seminargebäude: S13 Session Chair: Emilie Rademakers, KU Leuven Emilie.Rademakers@kuleuven.be Session type: EEA contributed Career instability in a context of technological change Presented by: Lucas van der Velde, University of Warsaw The Impact of Automation on the Unemployed Presented by: Emilie Rademakers, KU Leuven Session 378: Trade Cost Effects: Tariffs, Transport & Trust August 30, 2018 16:30 to 17:45 Philosophikum: S82 Session Chair: Jose de Sousa, University Paris Sud, RITM and CREST jose.de-sousa@u-psud.fr Session type: EEA contributed Input tariffs, Roads and Firm Performance: Evidence from Ethiopia Presented by: Matteo Fiorini, European University Institute The Local Impact of Containerization Presented by: Gisela Rua, Federal Reserve Board Trust and Specialization: Evidence from U.S. States Presented by: Jose de Sousa, University Paris Sud, RITM and CREST Session 379: Urban Economics and Public Policies August 30, 2018 16:30 to 17:45 Seminargebäude: S12 Session Chair: Stephan Heblich, University of Bristol stephan.heblich@bristol.ac.uk Session type: EEA contributed Small Teams in Big Cities: Inequality, City Size, and the Organization of Production Presented by: Clara Santamaria, Princeton University Does highway access influence local tax factors? Evidence from German municipalities Presented by: Luisa Doerr, ifo Institute for economic research Place-Based Policies in the Long Run: Evidence from Million-Rouble Plants in China Presented by: Stephan Heblich, University of Bristol Session 380: Political Economy and Institutions in Emerging and Developing Countries August 30, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum Session Chair: Ernest Dautovic, European Central Bank and University of Lausanne ernest.dautovic@unil.ch Session type: ES contributed The Impact of Electronic Voting Machines on Electoral Frauds, Democracy, and Development Presented by: Sisir Debnath, Indian School of Business The Impact of Xi's Anti-corruption Campaign on Politically Connected Listed Companies Presented by: Chun-Fang Chiang, National Taiwan University Can Government Intervention Make Firms More Investment-Ready? A Randomized Experiment in the Western Balkans Presented by: Ernest Dautovic, European Central Bank and University of Lausanne Session 381: Subjective Expectations August 30, 2018 16:30 to 17:45 Philosophikum: S78 Session Chair: Joachim Winter, University of Munich winter@lmu.de Session type: ES contributed Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs Presented by: Alexander Ludwig, Research Center SAFE, Goethe University The dynamics of households’ stock market beliefs Presented by: Hans-Martin von Gaudecker, Universität Bonn Dynamics and heterogeneity of subjective stock market expectation updates Presented by: Joachim Winter, University of Munich Session 382: Trends in Female Labour Supply August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E Session Chair: Rune Lesner, Aarhus University rlesner@econ.au.dk Session type: ES contributed Long-term Changes in Married Couples' Labor Supply and Taxes: Evidence from the US and Europe Since the 1980s Presented by: Hannah Paule-Paludkiewicz, Goethe University Frankfurt Social Subsidies and Marketization - the Role of Gender and Skill Presented by: Robert Duval-Hernandez, Open University of Cyprus and UCY The Labor Market Gender Gap in Denmark: Sorting Out the Past 30 Years Presented by: Rune Lesner, Aarhus University Session 383: Capital Markets August 30, 2018 16:30 to 17:45 Seminargebäude: S26 Session Chair: Selahattin Imrohoroglu, University of Southern California selo@marshall.usc.edu Session type: ES contributed Income Volatility and Portfolio Choices Presented by: Yicheng Wang, University of Oslo Monetary Policy and Household (De-)leveraging Presented by: Mathias Klein, DIW Berlin Aging, Factor Prices, and Capital Movements Presented by: Selahattin Imrohoroglu, University of Southern California Session 384: Uncertainty and Business Cycles August 30, 2018 16:30 to 17:45 Seminargebäude: S25 Session Chair: Indrajit Mitra, University of Michigan imitra@umich.edu Session type: ES contributed Search Complementarities, Aggregate Fluctuations and Fiscal Policy Presented by: Federico Mandelman, Federal Reserve Bank of Atlanta Do plants freeze upon uncertainty shocks? Presented by: Matthias Meier, University of Mannheim Slow Recovery with Uncertainty Shocks and Optimal Firm Liquidation Presented by: Indrajit Mitra, University of Michigan Session 385: The Econometrics of Forecast Evaluation August 30, 2018 16:30 to 17:45 Seminargebäude: S22 Session Chair: Ching-Wai (Jeremy) Chiu, Bank of England jeremy.chiu@bankofengland.co.uk Session type: ES contributed Uncovering Regimes in Out of Sample Forecast Errors Presented by: Jean-Yves Pitarakis, University of Southampton Encompassing tests for evaluating multi-step system forecasts invariant to linear transformations Presented by: Håvard Hungnes, Statistics Norway A New Approach for Detecting Shifts in Forecast Accuracy Presented by: Ching-Wai (Jeremy) Chiu, Bank of England Session 386: Nonlinear and Spatial Panel Data Models August 30, 2018 16:30 to 17:45 Seminargebäude: S16 Session Chair: Olivier Scaillet, University of Geneva and Swiss Finance Institute olivier.scaillet@unige.ch Session type: ES contributed Estimating fixed effects: Perfect prediction and bias in binary response panel models, with an application to the Hospital Readmissions Reduction Program Presented by: Kevin Staub, The University of Melbourne A Panel Data Approach for Spatial and Network Selection Models Presented by: Sophia Ding, ETH Zurich Saddlepoint techniques for spatial panel data models Presented by: Olivier Scaillet, University of Geneva and Swiss Finance Institute Session 387: Instrumental Variables August 30, 2018 16:30 to 17:45 Seminargebäude: S23 Session Chair: Anna Simoni, CNRS UMR9194 - CREST simoni.anna@gmail.com Session type: ES contributed “Is completeness necessary? Estimation in non-identified linear models” Presented by: Andrii Babii, University of North Carolina, Chapel Hill SEMIPARAMETRIC ESTIMATION OF STRUCTURAL FUNCTIONS IN NONSEPARABLE TRIANGULAR MODELS Presented by: Sami Stouli, University of Bristol Inference in High-Dimensional Models with Instrumental Variables Presented by: Anna Simoni, CNRS UMR9194 - CREST Session 388: Bounded Rationality August 30, 2018 16:30 to 17:45 Philosophikum: S85 Session Chair: Andreas Hefti, University of Zurich; Zurich University of Applied Sciences andreas.hefti@econ.uzh.ch Session type: ES contributed Financial Fraud and Investor Awareness Presented by: Yangguang Huang, Hong Kong University of Science and Technology Impressionable voting under various electoral rules Presented by: Costel Andonie, University of Chicago Confusion, polarization and competition Presented by: Andreas Hefti, University of Zurich; Zurich University of Applied Sciences Session 389: Political Economy: Globalisation August 30, 2018 16:30 to 17:45 Philosophikum: S66 Session Chair: Tommaso Sonno, London School of Economics T.Sonno@lse.ac.uk Session type: ES contributed Estimating the local effectiveness of institutions: a latent-variable approach Presented by: Antonia Reinecke, FernUniversität in Hagen Globalisation and conflicts: the good, the bad, and the ugly of corporations in Africa Presented by: Tommaso Sonno, London School of Economics Instrumental Variables and Causal Mechanisms: Unpacking the Effect of Trade on Workers and Voters Presented by: Christian Dippel, University of California, Los Angeles Session 390: Capital Controls August 30, 2018 16:30 to 17:45 Philosophikum: S69 Session Chair: Markus Sihvonen, Aalto University, School of Business mesihvonen@gmail.com Session type: ES contributed The Information Content of Capital Controls Presented by: Owen Nie, University of Michigan Capital Controls, Macroprudential Measures and Monetary Policy Interactions in an Emerging Economy Presented by: Valerio Nispi Landi, Bank of Italy Is Equity Home Bias Socially Optimal? Presented by: Markus Sihvonen, Aalto University, School of Business Session 391: Behavioural IO August 30, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80 Session Chair: Tobias Klein, Tilburg University T.J.Klein@uvt.nl Session type: ES contributed A structural model of hospital competition Presented by: Lionel Wilner, INSEE-CREST More is Better, or Not? An Empirical Analysis of Buyer Preferences for Variety on the E-Market Presented by: Senay Sokullu, University of Bristol Advertising as a reminder: evidence from the Dutch State Lottery Presented by: Tobias Klein, Tilburg University Session 392: Persuasion and Info Design August 30, 2018 16:30 to 17:45 Seminargebäude: S21 Session Chair: Carl Heese, University of Bonn, BGSE heese@uni-bonn.de Session type: ES contributed Information Design with Recommender Systems Presented by: Daniel Monte, Sao Paulo School of Economics FGV Bayesian Persuasion With Costly Information Acquisition Presented by: Ludmila Matyskova, CERGE-EI The Bayes Correlated Equilibria of Large Elections Presented by: Carl Heese, University of Bonn, BGSE Session 393: Information Economics August 30, 2018 16:30 to 17:45 Philosophikum: S76 Session Chair: Rohit Rahi, London School of Economics r.rahi@lse.ac.uk Session type: ES contributed The social value of information in economies with mandatory savings Presented by: Pablo Beker, University of Warwick Herding in Equity Crowdfunding Presented by: Stefano Lovo, HEC, Paris Information Acquisition with Heterogeneous Valuations Presented by: Rohit Rahi, London School of Economics Session 394: Executive Compensation August 30, 2018 16:30 to 17:45 Philosophikum: S63 Session Chair: Dunhong Jin, University of Oxford dunhong.jin@sbs.ox.ac.uk Session type: ES contributed Equilibrium Executive Compensation and Shareholder Heterogeneity Presented by: Elyès Jouini, Université Paris-Dauphine The Atalanta effect: How high-powered compensation reduces risk-taking Presented by: Dunhong Jin, University of Oxford Session 395: Models of Consumer Choice in Panels with Applications to Mobile Location Data August 30, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B Session Chair: Kjetil Storesletten, University of Oslo kjetil.storesletten@gmail.com Session type: EEA plenary Models of Consumer Choice in Panels with Applications to Mobile Location Data Presented by: Susan Athey, Stanford Graduate School of Business Index of Participants Legend: C=chair, P=Presenter, D=Discussant # Participant Roles in Conference --------------------------------------------------------------------- 1 , 2 Hedtrich, Christoph P214, C214 3 Accetturo, Antonio P238 4 Adachi, Takanori P74 5 Adam, Klaus P313 6 Adamopoulou, Effrosyni P15 7 Adams, Jonathan P185, P326 8 Adão, Bernardino P252, C252 9 Adda, Jerome P318 10 Adena, Maja P218 11 Adermon, Adrian P245 12 Advani, Arun P164, P355 13 Afonso, António P251 14 Agca, Senay P102, C102 15 Agethen, Christian P365 16 Ahnert, Toni P72 17 Ahrens, Steffen P14, C14 18 Ait Lahcen, Mohammed P370 19 Akimoto, Kiyoka P75 20 Akyol, S. Pelin P23, P97 21 Albuquerque, Bruno P64, P252 22 Alcalde, Pilar P196, C196 23 Alexandrov, Andrey P145, C145 24 Allen, Cian P93, C93 25 ALLENA, ROHIT P301 26 Allouch, Nizar P352, C352 27 Almuzara, Tincho P66 28 Alonso-Borrego, Cesar P61, C61 29 Alvarez, Roberto P297 30 Amaral, Sofia P279 31 Ambuehl, Sandro P14, P229, C229 32 Amengual, Dante P189 33 Anatolyev, Stanislav P30, C30 34 Anderberg, Dan P203 35 Andersson, Lina P40, C40 36 Andonie, Costel P388 37 Andor, Mark P204 38 Andreasen, Eugenia P330 39 Andreou, Elena P348 40 Andresen, Martin P150, C150 41 Anelli, Massimo P55 42 Aniket, Kumar P126 43 Anundsen, Andre P325 44 Aoki, Yu P62 45 Ari, Anil P241 46 Armenter, Roc P213 47 Armstrong, Timothy P29 48 Arntz, Melanie P248 49 Asseyer, Andreas P117 50 Atanasov, Victoria P43 51 Atayev, Atabek P101, C101 52 Athanasopoulos, Thanos P320, C320 53 Athey, Susan P395 54 Atmaca, Sümeyra P337, C337 55 Attanasio, Orazio C311, C318 56 Audoly, Richard P292, C292 57 Audzei, Volha P361 58 Auerbach, Jan P249 59 Ausubel, Lawrence M. P334, C334 60 Ayres, Joao P120 61 Babii, Andrii P387 62 Bacchiega, Emanuele P166 63 Backhaus, Teresa P200, C200 64 Badev, Anton P70 65 Baeriswyl, Romain P56 66 Bagger, Jesper P58, P221 67 Baiardi, Anna P242 68 Baker, Scott P34 69 Bakota, Ivo P284, C284 70 Baksa, Daniel P371 71 Baldwin, Elizabeth P168 72 Balkan, Binnur P329, C329 73 Balleer, Almut P27, P216 74 Banerjee, Shraman P357 75 Baron, Justus P334 76 Bartalotti, Otavio P67 77 Barton, Nicholas P201 78 Bartram, Sohnke P11, P161 79 Bassanin, Marzio P262 80 Batsaikhan, Mongoljin P55, C55 81 Battigalli, Pierpaolo P267, C267 82 Baudin, Thomas P202 83 Bauer, Ann P172, C172 84 Böhm, Michael P258, C258, P369, C369 85 Bødker, Jonas P369 86 Beker, Pablo P393 87 Bekkouche, Yasmine P323 88 Belas, Norman P275 89 Bellés Obrero, Cristina P338, C338 90 Ben-Moshe, Dan P188 91 Benecchi, Andrea P141 92 Benhenda, Asma P142 93 Benndorf, Volker P166 94 Benoit, Sylvain P265 95 Bensch, Gunther P45, C45 96 Berenberg-Gossler, Paul P167 97 Berg, Erlend P324 98 Bergant, Katharina P19, C19 99 Bertocchi, Graziella P271 100 Bertsch, Christoph P353 101 Bertsche, Dominik P114 102 Besstremyannaya, Galina P75, P96, C96 103 Bhattacharya, Jayeeta P29 104 Bianchi, Daniele P30 105 Bickmann, Marius P127 106 Bielecki, Marcin P371 107 Biermann, Marcus P206 108 Biljanovska, Nina P106 109 Bindler, Anna P220 110 Bingley, Paul P287, C287 111 Bircan, Cagatay P134 112 Biroli, Pietro P343 113 Biswas, Swarnava P363, C363 114 Bizopoulou, Aspasia P57, C57 115 Blakeslee, David P202 116 Blandin, Adam P123 117 Blasutto, Fabio P97 118 Blesse, Sebastian P276, C276 119 Bluwstein, Kristina P235 120 Bo, Inacio P32 121 Bobkova, Nina P247 122 Boccardi, Maria Jose P191, C191 123 Bocognano, Laurène P71 124 Bodenstein, Martin P335 125 Boehl, Gregor P137 126 Boelmann, Barbara P97 127 Boermans, Martijn P11 128 Bojilov, Raicho P53 129 Boldea, Otilia P187, C187 130 Bonam, Dennis P237, C237 131 Bonick, Matthew P321 132 Bonomo, Marco P185, C185 133 Borrescio Higa, Florencia P199, C199 134 bosch-rosa, ciril P33, C33 135 Bottazzi, Renata P17 136 Bottone, Marco P13 137 Bouacida, Elias P228 138 Boucinha, MIguel P20, C20 139 Boulatov, Alexei P358 140 Boyarchenko, Svetlana P153 141 Boyarchenko, Nina P155, C155 142 Braml, Martin P236, C236 143 Brand, Claus P66 144 Bredemeier, Christian P213 145 Breton, Regis P72 146 Briglevics, Tamas P244 147 Britz, Volker C281 148 Bruell, Eduard P135, C135 149 Bruneau, Gabriel P187 150 BRUNEEL, Christophe P144 151 Bruns, Martin P5, P114 152 Budziński, Wiktor P4 153 Buehler, Stefan P246 154 Bunsupha, Sarita P8, P351, C351 155 Burbano Valencia, Enrique P7, C7 156 Burda, Michael P16, C16 157 Burlon, Lorenzo P372 158 Busch, Christopher P263, C263 159 Buslei, Hermann P162 160 Bussy, Adrien P179, C179 161 Cacciatore, Matteo P106 162 Caeiro, Rute P45 163 Cahlikova, Jana P256 164 Camanho, Nelson P272, C272 165 Camargo, Juliana P107, C107 166 Campanale, Claudio P250 167 Campos, Nauro P237 168 Canidio, Andrea P212 169 Cantore, Cristiano P65, C65 170 Cao, Jin C95 171 Caraiani, Petre P335, C335 172 Carbonari, Lorenzo P147 173 Cargoët, Thibaud P290 174 Carlana, Michela P23, C23, P99, C99 175 Carlini, Federico P148 176 Carlsson, Mikael P27, C27 177 Carozzi, Felipe P366 178 Carroll, Daniel P223, C223 179 Carvalho, Vasco P81, C81 180 Castello-Climent, Amparo P50 181 Catonini, Emiliano P190 182 Cavenaile, Laurent P96 183 Cazenave-Lacroutz, Alexandre P296 184 Cerreia, Simone P82 185 Cetre, Sophie P368 186 Chabrost, Marion P337 187 Chadi, Adrian P130 188 Charles-Cadogan, G. P5, C5 189 Chassang, Sylvain P319 190 Chen, Meichen P351 191 Chen, Andrew P207 192 Chernoff, Alex P144 193 Chernyshev, Nikolay P96 194 Cheung, T. Terry P297, C297 195 Chiang, Chun-Fang P380 196 Chiba, Saori P38 197 Chioveanu, Ioana P360, C360 198 Chiu, Y. Stephen P362 199 Chiu, Ching-Wai (Jeremy) P385, C385 200 Cho, Sungjin P37 201 Chu, Liya P307 202 Chu, Ba P266 203 Chugunova, Marina P200 204 Ciesielski, Anna P208 205 Cilasun, Seyit Mümin P97, C97 206 Ciscato, Edoardo P99 207 Claessens, Stijn P330 208 Clemens, Marius P216 209 Clemens, Georg P360 210 Clifton-Sprigg, Joanna P127 211 Clymo, Alex P299, C299 212 Coelli, Federica P230 213 Collischon, Matthias P136, C136 214 Commault, Jeanne P367 215 Converse, Nathan P93 216 Cooper, Ilan P207 217 Copic, Jernej P357 218 Corekcioglu, Gozde P10, C10 219 Cornils, Sylta P321 220 Correa, Juan P342 221 Cosaert, Sam P211, C211 222 Costa, Hélia P374 223 Cui, Rui P266 224 Cui, Wei P224 225 Cumming, Fergus P336, C336 226 Cumurovic, Aida P52 227 Curello, Gregorio P153, C153 228 Czura, Kristina P164 229 Dai, Fengyan P255 230 Dai, Liang P351 231 Dale-Olsen, Harald P287 232 Dany-Knedlik, Geraldine P42 233 Daske, Thomas P232 234 Dato, Simon P242, C242 235 Dauth, Christine P107 236 Dautovic, Ernest P380, C380 237 Davoine, Thomas P125 238 Dávila, Julio P184 239 De Fiore, Fiorella P177, C177 240 De Jesus, Miguel Karlo P11 241 de Sousa, Jose P378, C378 242 De Vito, Nicodemo P190 243 De Vos, Ignace P31 244 Debnath, Sisir P323, P380 245 Deer, Lachlan P70 246 Del Villar Olano, Alba P278 247 Delacretaz, David P268, C268 248 DELATTRE, ERIC P296 249 Demange, Gabrielle P70, C70, C84 250 Dempsey, Kyle P193, C193 251 Deng, Liuchun P25 252 Denter, Philipp P310, C310 253 Dergunov, Ilya P43 254 Dertwinkel-Kalt, Markus P360 255 Deschamps, Pierre P16 256 Deseatnicov, Ivan P230 257 Deversi, Marvin P86, C86 258 Di Maria, Corrado P204, C204 259 Di Nola, Alessandro P180 260 DIABY, MOHAMED P175 261 Dibiasi, Andreas P26 262 DiCecio, Riccardo P215 263 Dilme, Francesc P38, P89 264 Dimitriadis, Timo P349 265 Ding, Sophia P386 266 Dippel, Christian P210, C210, P389 267 Dittrich, Johannes P246, C246 268 Doepke, Matthias P317 269 Doerr, Luisa P379 270 Doerr, Sebastian P339, C339 271 Dohmen, Thomas P314 272 Domenech, Rafael P129 273 Domnisoru, Ciprian P178 274 Donges, Alexander P165, C165 275 dos Santos, Marcelo P295, C295 276 Dovern, Jonas P13, C13 277 Drechsel, Thomas P54, C54 278 Dressler, Luisa P198 279 Droller, Federico P202 280 Duan, Fang P188, C188 281 Dubois, Pierre C159 282 Duersch, Peter P109, C109 283 Dufwenberg, Martin P267 284 Dumav, Martin P273, C273 285 Dumitru, Ana-Maria H. P28 286 Dummar Azulai, Michel P119 287 Dupraz, Yannick P151 288 Duval-Hernandez, Robert P382 289 Egert, Balazs P134 290 Eguren Martin, Fernando P207, C207 291 Eilers, Lea P169 292 Einiö, Elias P62, P103 293 Ejrnaes, Mette P52, C52 294 El Hadri, Hajare P197 295 Ellieroth, Kathrin P17 296 Ellwanger, Reinhard P42, C42, P344 297 Elsayed, Ahmed P61 298 Engelmann, Dirk P33, P368, C368 299 Englmaier, Florian P316 300 Enikolopov, Ruben P79, C79 301 Enrich Moya, Jacint P197 302 Erauskin, Inaki P278 303 Everaert, Gerdie P226 304 Exler, Florian P322, C322 305 Fackler, Thomas P320 306 Fadinger, Harald P111 307 Falk, Armin C314 308 Farhi, Emmanuel P81 309 Farquharson, Christine P199 310 Farvaque, Etienne P336 311 Fayat, Romain P310 312 Fève, Patrick P167 313 Fedorets, Alexandra P240, C240 314 Felix, Luiz P307, C307 315 Fels, Markus P75, C75 316 Fengler, Matthias P348, C348 317 Fernald, John P111 318 Fernandez, Marcelo P268 319 Fernandez Duque, Mauricio P86 320 Ferrando, Mery P133 321 Ferrara, Andreas P103, C103 322 Ferreira, Thiago P129, C129 323 Ferreira Sequeda, Maria P142 324 Ferrero, Andrea P252 325 Ferriere, Axelle P355, C355 326 Filimonovic, Dragan P211 327 Finck, David P370, C370 328 Findeisen, Sebastian P248 329 Fioretti, Michele P37 330 Fiori, Giuseppe P277 331 Fiorini, Matteo P378 332 Fischer, Mira P219 333 Fliegner, Jasmin P67 334 Foell, Tobias P292 335 Foerster, Hanno P108 336 Forbes, Silke P91, C91 337 Foremny, Dirk P87, C87 338 Forlati, Chiara P308 339 Forti Grazzini, Caterina P252 340 Foucart, Renaud P362 341 Foureaux Koppenstein, Martin P338 342 Franco de Campos Pinto, Pedro P64 343 Fredriksson, Anders P3 344 Freer, Mikhail P228 345 Freitag, Andreas P294, C294 346 Freudenreich, Hanna P324, C324 347 Fricke, Christoph P90 348 Friebel, Guido P316 349 Friedrich, Christian P19 350 Frug, Alexander P273 351 Fudenberg, Drew P41, C41, C76, P89 352 Fulton, Chad P304, C304 353 Fuster, Andreas P80 354 Gaillard, Alexandre P222 355 Galassi, Gabriela P342 356 Gall, Thomas P38 357 Ganguli, Jayant P155 358 Ganics, Gergely P149 359 Garbarino, Nicola P359, C359 360 Garcia, Marcio P325 361 Garcia Hombrados, Jorge P323, C323 362 Garcia-Uribe, Sandra P180 363 Garibaldi, Pietro P98, C98 364 Gathmann, Christina P288 365 Gatt, William P160 366 Gaule, Patrick P203 367 Gautier, Axel P334 368 Gábor-Tóth, Eniko P171 369 Gödl, Maximilian P104, C104 370 Gørtz, Mette P133, C133 371 Gebhardt, Georg P172 372 Gehde-Trapp, Monika P102 373 Gehrke, Britta P60, C60 374 Geiger, Martin P251, C251 375 Geng, Runjie P361 376 Gennaioli, Caterina P239 377 Genthner, Robert P77 378 Gentzkow, Matthew P79 379 Gerlagh, Reyer P374, C374 380 Ghiaie, Hamed P160 381 Giesing, Yvonne P285, C285 382 Giommoni, Tommaso P35 383 Giuliano, Paola P314 384 Glas, Alexander P347 385 Goerlach, Joseph-Simon P183 386 Golsteyn, Bart P103 387 Gonzalez-Astudillo, Manuel P66, C66 388 Gottfries, Axel P292 389 Grabowski, Daniel P187 390 Graeber, Thomas P229 391 Grammig, Joachim P28 392 Grazzini, Lisa P337 393 Gröschl, Jasmin P236 394 Greco, Rosalia P165 395 Greenwood, Jeremy P159 396 Greenwood-Nimmo, Matthew P349 397 Gregory, Victoria P298 398 Greimel, Fabian P223 399 Gretschko, Vitali P358, C358 400 Grevenbrock, Nils P174, C174 401 Grewenig, Elisabeth P219 402 Grieg, Elise P344 403 Grimaud, Alex P100, C100 404 Grodecka, Anna P12 405 Gross, Isaac P284 406 Grosse-Rueschkamp, Benjamin P241, C241 407 Guadalupe, Maria P316, C316 408 Guarnieri, Eleonora P151 409 Guasoni, Paolo P118 410 Guenther, Martin P3 411 Guertzgen, Nicole P240 412 Gui, Zhengqing P121, C121 413 Gulyas, Andreas P298, C298 414 Guner, Nezih P317 415 Guo, Dongyu P196 416 Gupta, Abhimanyu P350 417 Gutierrez, Federico P108 418 Gutknecht, Daniel P115 419 Gyongyosi, Gyozo P165 420 Ha, Thuc Huan P138, C138 421 Haas, Alexander P346 422 Habermacher, Daniel P170 423 Hackbarth, Dirk P44 424 Hackinger, Julian P191 425 Haller, Stefanie P47 426 Hamano, Masashige P163 427 Hampf, Franziska P178, C178 428 Hansen, Emanuel P58 429 Harju, Jarkko P128 430 Harstad, Bard P85 431 Hartkopf, Jan P30 432 Hartl, Tobias P265 433 Hartmann, Sven P217 434 Hauser, Daniel P41 435 Hänsel, Martin P283, C283 436 Häusinger, Benjamin P44 437 HE, Junnan P266, C266 438 Heblich, Stephan P379, C379 439 Heczko, Alexander P39, C39 440 Heese, Carl P392, C392 441 Hefti, Andreas P388, C388 442 Heiler, Phillip P150 443 Heinicke, Franziska P218 444 Heiss, Florian P156 445 Hejlesen, Mads P6 446 Hellmann, Tim P352 447 Helm, Ines P49 448 Henkel, Marcel P6, C6 449 Hensel, Lukas P217 450 Hernandez, Manuel P197 451 Hernandez-Arenaz, Iñigo P329 452 Hetschko, Clemens P220 453 Heyerdahl-Larsen, Christian P118 454 Hillebrand, Elmar P260 455 Hiller, Victor P166, C166 456 Hiraki, Kazuhiro P270 457 Hjalmarsson, Erik P348 458 Ho, Anson P250, C250 459 Hodler, Roland P202, P257 460 Hoffmann, Eran P299 461 Holden, Tom P110, C110, P237 462 Holm-Hadulla, Federic P213, C213 463 Holton, Sarah P2 464 Holtsmark, Katinka P46, C46 465 Holzner, Christian P240 466 Hommes, Cars P346 467 Honore, Bo P68 468 Hopp, Daniel P200 469 Horenstein, Alex P90 470 Hospido, Laura P211 471 Hossfeld, Oliver P163 472 Hotte, Rozenn P324 473 Hottenrott, Hanna P212, C212 474 Hu, Tai-Wei P147 475 Huang, Ching-I P231 476 Huang, Yue P183 477 Huang, Yangguang P388 478 Huang, Huichou P92, C92 479 Huber, Christoph P328 480 Huber, Peter P24, C24 481 Huber, Stefanie P328 482 Hubert, Olivier P235, C235 483 Hugh-Jones, David P214 484 Hundtofte, Sean P34 485 Hundtofte, Sean P244, C244 486 Hungnes, Håvard P385 487 Iachan, Felipe P185 488 Ilut, Cosmin P313 489 Imai, Taisuke P227 490 Imbierowicz, Bjorn P90, C90 491 Imrohoroglu, Selahattin P383, C383 492 Iranzo, Susana P15, C15 493 Isaksen, Elisabeth P253 494 Iskrev, Nikolay P225 495 Isphording, Ingo P103 496 Ivens, Annika P333 497 Iwasawa, Masamune P266 498 Izzeldin, Marwan P215 499 Jacobs, Bas P21 500 Jagau, Stephan P86 501 Jaimes, Richard P205 502 Jaimovich, Nir P83 503 Jain, Tarun P343, C343 504 Jalles, Joao P364 505 Janicki, Hubert P298 506 Jann, Ole P131, C131 507 Janssen, Aljoscha P91 508 Jansson, Thomas P286, C286 509 Janys, Lena P115, C115 510 Jawara, Hamidou P77 511 Jäger, Philipp P128 512 Jäkel, Ina P47 513 Jørgensen, Kasper P207 514 Jeong, Byeongju P24 515 Jerphanion, Emiel P99 516 Ji, Yuemei P335 517 Jiao, Peiran P229 518 Jin, Dunhong P394, C394 519 Jochimsen, Beate P327 520 Joltreau, Eugénie P46 521 Joo, Hyungseok P125, C125, P195, C195 522 Jouini, Elyès P394 523 Jung, Alexander P177 524 Jungherr, Joachim P54 525 Kaliski, Daniel P51, C51 526 Kamhoefer, Daniel P203 527 Kaminsky, Graciela P93 528 Kamm, Aaron P140 529 Kammerlander, Andreas P239, C239 530 Kano, Takashi P120, C120 531 Kantak, Preetesh P64, C64 532 Kapar, Burcu P102 533 Karos, Dominik P305, C305 534 Kasy, Maximilian P319 535 Kauppinen, Ilpo P337 536 Kawai, Keiichi P273 537 Kátay, Gábor P212 538 Kühl, Michael P290, C290 539 Keating, John P372, C372 540 Keller, Elisa P345 541 Keller, Lorena P19 542 Kerssenfischer, Mark P336 543 Kesternich, Iris P10 544 Khachatryan, Elina P256, C256 545 Khadjavi, Menusch P15 546 Khalil, Makram P92 547 Khalmetski, Kiryl P267 548 Kiessling, Lukas P181 549 Kim, Uijin P226 550 Kim, Taejin P139, P306 551 Kimasa, Bihemo P216 552 Kirchner, Markus P13 553 Kirkby, Robert P223, P367, C367 554 Klarin, Jonas P173, C173 555 Klarl, Torben P50, C50 556 Klaus, Bettina P32, C32, P254 557 Kleibergen, Frank P189, C189 558 Klein, Mathias P383 559 Klein, Thilo P164 560 Klein, Tobias P275, P391, C391 561 Klymak, Margaryta P201, C201 562 Knoepfle, Jan P357, C357 563 Knyazev, Dmitriy P321 564 Ko, Jun-Hyung P47, C47 565 Ko, Eunmi P346 566 Koch, Christian P105 567 Koch, Melanie P160 568 Kociecki, Andrzej P186 569 Koenig, Felix P214 570 Koenig, Christoph P249 571 Kogler, Michael P233 572 Kohler, Andreas P373 573 Koida, Nobuo P227 574 Koivisto, Aliisa P198 575 Kokovin, Sergey P308, C308 576 Kolesar, Michal P150 577 Kollmann, Robert P120 578 Komada, Oliwia P333, C333 579 Konig, Michael P101 580 Kontoghiorghes, Alexander P73 581 Konya, Istvan P216 582 Kopányi-Peuker, Anita P262 583 Kopecky, Joseph P184, C184 584 Koponen, Kristine P77, C77 585 Korevaar, Matthijs P209 586 Kosonen, Tuomas P58, C58 587 Kostka, Thomas P354 588 Kotidis, Antonis P124 589 Kotschy, Rainer P184 590 Koukal, Anna P285 591 Kouki, Amairisa P327, C327 592 Kourtellos, Andros P350, C350 593 Kovac, Eugen P260, C260 594 Kovarik, Jaromir P303 595 Kovbasyuk, Sergei P193 596 Kraehenmann, Philemon P77 597 Kraft, Holger P168 598 Kragh-Soerensen, Kasper P284 599 Krause, Christopher P180, C180 600 Krähmer, Daniel P232, C232 601 Kreko, Judit P98 602 Kristensen, Dennis P115 603 Kubitz, Greg P305 604 Kucheryavyy, Konstantin P120 605 Kucuk, Hande P326 606 Kuhlmey, Florian P364 607 Kuhn, Thomas P283 608 Kukic, Leonard P88, C88 609 Kuld, Lukas P206, C206 610 Kuncl, Martin C72 611 Kundu, Tapas P320 612 Kunze, Astrid P327 613 Kuvshinov, Dmitry P209, C209 614 Kvasnicka, Michael P288 615 Kyyrä, Tomi P53, C53 616 La Ferrara, Eliana C78, P311 617 Labanca, Claudio P342, C342 618 Lafuente, Cristina P146 619 Lamba, Rohit P227 620 Lamla, Michael P137, C137 621 Lange, Martin P127, C127 622 Langlois, Hugues P11, C11, P354 623 Lanzani, Giacomo P41 624 Larin, Benjamin P57 625 Larsen, Vegard P57 626 Lauermann, Stephan P375, C375 627 Lautenbacher, Stefan P294 628 Lawarree, Jacques P121 629 Lazarakis, Spyridon P223 630 Lazarev, John P231 631 Lazarova, Emiliya P374 632 Löffler, Max P210 633 Le, Thanh Nam P243 634 Le Mouel, Marie P22 635 Lecarpentier, Sandrine P124, C124 636 Lechthaler, Wolfgang P332, C332 637 Ledezma, Ivan P143, C143 638 Lee, Tom P51 639 Lee, Hyojung P230, C230 640 Lehar, Alfred P48, C48 641 Lehmann, Etienne P315, C315 642 Lein, Sarah P13, P272 643 Lembcke, Franziska P287 644 Lemke, Wolfgang P213 645 Lemmermann, Dominique P255 646 Lenoir, Clemence P36, P48 647 Lesner, Rune P382, C382 648 Leung, Tsz Kin P14 649 Lewbel, Arthur P63, C63 650 Lewis, Vivien P141 651 Li, Mengling P268 652 Li, Wenli P144, C144 653 Li, Kai P118, C118 654 LI, Daniel Z. P358 655 Li, Kai P309 656 Li, Grace P364, C364 657 Li, Qian P291 658 Li, Jian P182, C182 659 Liang, Annie P33 660 Liao, Qin P67, C67 661 Liao, Jen-Che P302, C302 662 Lieli, Robert P215, C215 663 Limodio, Nicola P230, P359 664 Lin, Yicong P4 665 Lin, Zhongjian P62, C62 666 Linek, Maximilian P239 667 Lippmann, Quentin P10 668 Liu, Dingming P112 669 Liu, Chu-An P302 670 Liu, Fei P29 671 Liu, Fang P194, C194 672 Lobel, Felipe P355 673 Loertscher, Simon P357 674 Loken, Katrine P318 675 Lombardi, Stefano P115 676 Long, Wei P109 677 Lorenz, Friedrich P73 678 Loumeau, Gabriel P105, C105 679 Loumeau, Nicole P6 680 Lovo, Stefano P393 681 Lubensky, Dmitry P71, C71 682 Luck, Stephan P209, P264, C264 683 Ludwig, Alexander P340, P381 684 Ludwig, Markus P88 685 Lukas, Moritz P161, C161, P376 686 Luna Alpizar, Jose Luis P216, C216 687 Luo, Mi P51 688 Lupi, Veronica P208 689 Lydon, Reamonn P341, C341 690 Ma, Eunseong P264 691 Maccheroni, Fabio P69, C69 692 Macedoni, Luca P373 693 MacKay, Alexander P156 694 Mackenzie, Andrew P32, P254, C254 695 Maczulskij, Terhi P24 696 Madsen, Jakob P18 697 Madzharova, Boryana P293 698 Maida, Agata P242 699 Malacrino, Davide P238, C238 700 Malde, Bansi P199 701 Mamedli, Mariam P367 702 Manaresi, Francesco P261, C261 703 Manchin, Miriam P331 704 Mandelman, Federico P384 705 Mandler, Michael P227 706 Mangani, Andrea P242 707 Mankart, Jochen P123, P340, C340 708 Manova, Kalina P243 709 Manuelli, Rodolfo C83, P113 710 Manzan, Sebastiano P149 711 Marinacci, Massimo C82 712 Marmer, Vadim P226 713 Martens, Tim P122 714 Martin-Oliver, Alfredo P2, C2 715 Martinez Flores, Fernanda P279, C279 716 Martinez-Garcia, Enrique P215 717 Martins-da-Rocha, V. Filipe P224 718 Marx, Leslie P356, C356 719 Marz, Waldemar P205 720 Mass, Helene P247 721 Massari, Filippo P89, C89 722 Matakos, Konstantinos P173 723 Matsushima, Hitoshi P39 724 Matter, Ulrich P7 725 Matyskova, Ludmila P392 726 Mayer, Simon P306 727 Mayskaya, Tatiana P41 728 Méndez-Chacón, Esteban P132, C132 729 Müller, Stephan P9 730 McLennan, Andrew P269, C269 731 Mechtenberg, Lydia P119 732 Megally, Elisabeth P34, C34 733 Mehrotra, Neil P299 734 Meier, Kristina P329 735 Meier, Volker P342 736 Meier, Matthias P384 737 Meinen, Philipp P91 738 Meissner, Thomas P219, C219 739 Meitz, Mika P302 740 Mellert, Jan P326, C326 741 Menager, Lucie P153 742 Mendez, Rodrigue P376 743 Meng, Yan P296, C296 744 Menno, Dominik P278, C278 745 Mensch, Jeffrey P304 746 Menuet, Maxime P271 747 Menzel, Andreas P309, C309 748 Merker, Tyra P77 749 Merkl, Christian P146, P277 750 Merkle, Christoph P328, C328 751 Mertens, Elmar P56, C56, P149, C149 752 Metzger, Daniel P306, C306 753 Meyer, Christian P218 754 Michel, Christian P156, C156 755 Middleton, Thomas P162, C162 756 Miethe, Jakob P87 757 Miettinen, Topi P86 758 Mill, Wladislaw P192, C192, P256 759 Miller, David P116 760 Miller, Keaton P231, C231 761 Miranda-Pinto, Jorge P26 762 Mitali, Shema P307 763 Mitra, Indrajit P384, C384 764 Moiteaux, Elliot P248 765 Molina, Oswaldo P164, C164 766 Molnar, Krisztina P211 767 Molnar, Timea Laura P133 768 Momsen, Katharina P14 769 Monastyrenko, Evgenii P243 770 Monfardini, Chiara P94 771 Montagnoli, Alberto P244 772 Montalban, Jose P23 773 Montalvo, Jose G. P2 774 Monte, Daniel P392 775 Montolio, Daniel P210 776 Monzon, Ignacio P157, C157 777 Moon, Hyungsik Roger P31, C31 778 Morales-Acevedo, Paola P233, C233 779 Morault, Pauline P254 780 Morelli, Massimo P276 781 Moriconi, Simone P105 782 Moser, Petra P258 783 Moser, Johannes P229 784 Mossay, Pascal P36, C36 785 Mota, Lira P161 786 Mouabbi, Sarah P194 787 Moussault, Erwan P293 788 Mueller, Kai-Uwe P222, C222 789 Murro, Pierluigi P54 790 Musso, Alberto P42 791 Muuls, Mirabelle P243, C243 792 Nagaoka, Sadao P122 793 Nagler, Markus P212 794 Nakajima, Katsushi P269 795 Name-Correa, Alvaro P375 796 Narita, Yusuke P268 797 Naseer, Shaheen P276 798 Naseer, Muhammad Farooq P343 799 Nöth, Markus P286 800 Nückles, Marc P104 801 Ndiaye, Abdoulaye P21 802 Neary, Peter P228 803 Nechio, Fernanda P332 804 Neri, Lorenzo P258 805 Nesterov, Alexander P254 806 Newey, Whitney P68, C68, C312 807 Neyt, Brecht P107 808 Nguyen, Anh P129 809 Nguyen, Huyen P101 810 Nie, Owen P390 811 Nishimura, Takeshi P232 812 Nispi Landi, Valerio P125, P390 813 Nogueira, VERIDIANA P50 814 Nolte, André P61 815 Nordström, Jonas P204 816 Norris Keiller, Agnes P214 817 Nuguer, Victoria P113 818 Nunes, Ricardo P145 819 Nurminen, Mikko P365 820 O'Grady, Michael P325 821 O'Keeffe-O'Donovan, Rossa P257, P279 822 Ohls, Jana P176, C176 823 Oikawa, Koki P27 824 Oliviero, Tommaso P366 825 Orlik, Anna P113, C113, P361, C361 826 Orlova, Olena P116 827 Ortoleva, Pietro P82 828 Oster, Simon C203 829 Other, Lars P137 830 Otsu, Taisuke P226, C226 831 Ott, Marion P246, P356 832 Ottaviani, Marco C319 833 Ouyang, Difei P288, C288 834 Ozyurt, Selcuk P297 835 Pagnozzi, Marco P274, C274 836 Paixao, Nuno P12 837 Palnau, Irene P248, C248 838 Palombo, Edoardo P175, C175 839 Paludkiewicz, Karol P20 840 Pan, Cong P196 841 Pancost, Aaron P233 842 Papadia, Andrea P210 843 Parey, Matthias P343 844 Park, In-Uck P274 845 Parolya, Nestor P301 846 Parra-Polania, Julian P56 847 pasini, elisabetta P169, C169 848 Passadore, Juan P224 849 Patra, Ramakanta P40 850 Paule-Paludkiewicz, Hannah P382 851 Pavon Prado, David P336 852 Pecher, Pierre P257 853 Peiseler, Florian P9 854 Pelger, Markus P30 855 Pellegrino, Bruno P18, C18, P261 856 Perez-Orive, Ander P224 857 Pesola, Hanna P341 858 Peterhammer, Felix P9, C9 859 Peters, Michael P18, P110 860 Petronevich, Anna P376, C376 861 Petropoulos, Georgios P356 862 Petrunyk, Inna P341 863 Pezone, Vincenzo P238 864 Pfeifer, Gregor P49 865 Pfeiffer, Philipp P145 866 Pham, Ngoc-Sang P269 867 PHAM, Thi Kim Cuong P202, C202 868 Picariello, Luca P309 869 Pidkuyko, Myroslav P235 870 Pierret, Diane P20 871 Pignatti Morano, Clemente P24 872 Piguillem, Facundo P35 873 Pitarakis, Jean-Yves P385 874 Piton, Sophie P332 875 Plantin, Guillaume P84 876 Platonov, Konstantin P8 877 Poeschl, Johannes P289, C289 878 Pogorelskiy, Kirill P119, C119 879 Pollrich, Martin P121 880 Poncela, Pilar P5 881 Pons, Vincent P7 882 Ponthiere, Gregory P245 883 Pope, Thomas P179 884 Popov, Sergey P32 885 Pora, Pierre P259 886 Posch, Olaf P100, P194 887 Poschke, Markus P201 888 Pozzi, Lorenzo P348 889 Prantl, Susanne P280 890 Preinerstorfer, David P189 891 Presno, Ignacio P195 892 Preugschat, Edgar P174 893 Prieto, Rodolfo P118 894 Priftis, Romanos P112, C112 895 Proebsting, Christian P332 896 Pu, Yun P356 897 Pursiainen, Vesa P171, C171, P353, C353 898 Pytka, Krzysztof P222 899 Queiros, Francisco P235 900 Rablen, Matthew P87 901 Radbruch, Jonas P181, C181 902 Rademakers, Emilie P377, C377 903 Rahi, Rohit P393, C393 904 Raiber, Eva P203 905 Raj, Anasuya P49, C49 906 Raknerud, Arvid P25, C25 907 Ranjabr Ravasan, Farshad P2 908 Ravn, Søren P333 909 Rückert, Désirée P134, C134 910 Rehbein, Oliver P359 911 Reinecke, Antonia P389 912 Reinelt, Timo P160, C160 913 Renstrom, Thomas P204 914 Repullo, Rafael P233 915 Reshidi, Edona P246 916 Reuter, Wolf Heinrich P143 917 Reutter, Mirjam P142, C142 918 Reyes-Heroles, Ricardo P152, C152 919 Reynal-Querol, Marta C1 920 Richardson, Martin P334 921 Richter, Bjorn P322 922 Riekhof, Marie-Catherine P253 923 Rilke, Rainer P256 924 Rios, Juan P355 925 Riphahn, Regina P136 926 Roberti, Paolo P35, C35 927 Robertson, Matthew P170, C170, P310 928 Roca Fernandez, Eric P94 929 Roca Paz, Roberto P331 930 Rodnyansky, Alexander P272 931 Rodriguez, Jorge P108, C108 932 Rojas, Luis P26, C26 933 Rommeswinkel, Hendrik P227, C227 934 Ronayne, David P181 935 Rostom, May P286 936 Rotesi, Tiziano P192, P217 937 Roth, Christopher P229 938 Rothe, Christoph P29, C29 939 Rouillard, Jean-François P167, C167 940 Roulet, Alexandra P220, C220 941 Rua, Gisela P378 942 Rubio, Santiago P205 943 Rubio, Margarita P104 944 Ruble, Richard P320 945 Ruderman, Meixia P117, C117 946 Ruhose, Jens P107 947 Ruiz-Valenzuela, Jenifer P255, C255 948 Rungcharoenkitkul, Phurichai P213 949 Runkel, Marco P205, C205 950 Rustagi, Devesh P119 951 Rustichini, Aldo P69 952 Ruzic, Dimitrije P111, C111 953 Sadaba, Barbara P4, C4 954 Sadler, Evan P352 955 Sadzik, Tomasz P40, P84 956 Sahin, Cenkhan P12 957 Saia, Alessandro P173 958 Saif, Salwan P135 959 Saijo, Hikaru P294 960 Salanie, Bernard C85 961 samiri, issam P237 962 Sanchez-Moscona, Daniel P191 963 Sandi, Matteo P249, C249 964 Sandqvist, Anna Pauliina P250 965 Sandulescu, Paula Mirela P354, C354 966 Sanghi, Siddhartha P239 967 Sano, Ryuji P89 968 Santamaria, Clara P379 969 Santioni, Raffaele P238 970 Santos, Cezar P261 971 Sanz, Carlos P7, P271, C271 972 Sapriza, Horacio P330 973 Sarafidis, Vasilis P31 974 Sarychev, Andrei P349 975 Sattari, Yaser P261 976 Sauvagnat, Julien P154 977 Sánchez-Mangas, Rocío P16 978 Sánchez-Marcos, Virginia P108 979 Sönksen, Jantje P43, C43 980 Scaillet, Olivier P386, C386 981 Schaefer, Daniel P369 982 Schain, Jan Philip P22 983 Schöttner, Anja P44, C44 984 Schüssler, Rainer P265, C265 985 Schempp, Paul P139 986 Schernberg, Hélène P222 987 Schindler, David P182 988 Schlaak, Thore P114 989 Schlag, Karl P157 990 Schmidt, Peter P91 991 Schmidt, Robert P205 992 Schmidt, Sebastian P106, C106 993 Schmidt, Patrick P190, C190 994 Schmitz, Tom P12, C12 995 Schneider, Ulrich P327 996 Schneider, Johannes P158 997 Schneider, Kerstin P203, P338 998 Schneider, Patrick P17 999 Schopf, Mark P46 1000 Schottmueller, Christoph P212 1001 Schröder, Sarah P206 1002 Schulz, Bastian P259 1003 Schwaab, Bernd P188, P290 1004 Schwarz, Carlo P217, C217 1005 Schwenkler, Gustavo P73, C73 1006 Schwerhoff, Gregor P198 1007 Schwerin, Hagen P232 1008 Scognamiglio, Annalisa P233 1009 Scur, Daniela P280 1010 Seegers, Philipp P220 1011 Sekhposyan, Tatevik P264 1012 Sekkel, Rodrigo P264 1013 Selcuk, Cemil P71 1014 Selezneva, Veronika P347 1015 Selmane, Nassima P282 1016 Semieniuk, Gregor P208, C208 1017 Seneca, Martin P371, C371 1018 Senga, Tatsuro P206 1019 Senouci, Mehdi P345 1020 Serafinelli, Michel P206 1021 Serena, Benjamin P365, C365 1022 Seres, Gyula P74, C74 1023 Sgroi, Daniel P200, P258 1024 Shadmehr, Mehdi P351 1025 Shaikh, Mujaheed P130 1026 Shan, Hongzhe P241 1027 Shanker, Akshay P344 1028 Shekhar, Suraj P274 1029 Shin, Dongsoo P274 1030 Shirai, Koji P228, C228 1031 Shupe, Cortnie P123, C123 1032 Siassi, Nawid P141, C141 1033 Sibly, Hugh P218, C218 1034 Siegloch, Sebastian P295 1035 Siemroth, Christoph P328 1036 Signoretti, Federico P325, C325 1037 Sihvonen, Markus P198, P390, C390 1038 Siikanen, Markku P275, C275 1039 Silva, Andre P112 1040 Silva, Andre P126, C126 1041 Silva Paranhos, Livia P225 1042 Silve, Arthur P331, C331 1043 Simoni, Anna P387, C387 1044 Simpson-Bell, Chima C245 1045 Singer, Gregor P3 1046 Sjursen, Ingrid P140 1047 Slavik, Ctirad P291, C291 1048 Slerca, Edoardo P285 1049 Slotwinski, Michaela P94, C94 1050 Smolin, Alex P158 1051 Smulders, Sjak P208 1052 Sobel, Joel C234, P267 1053 Sokullu, Senay P391 1054 Solbakken, Edda P94 1055 Somers, Melline P160 1056 Sommer, Stephan P105 1057 Song, Yangwei P40 1058 Sonin, Konstantin P59, P182 1059 Sonno, Tommaso P389, C389 1060 Sovinsky, Michelle P85 1061 Spantig, Lisa P126 1062 Spencer, Adam P25, P87 1063 Spiegler, Ran P157 1064 Spycher, Thomas P52 1065 Squires, Alexander P245 1066 Staab, Manuel P101 1067 Stadin, Karolina P60 1068 Staub, Kevin P386 1069 Stöhlker, Daniel P293, C293 1070 Stöhr, Tobias P163, C163 1071 Stebunovs, Vikors P372 1072 Stefansson, Arnaldur P17, C17 1073 Steger, Thomas P340 1074 Stein, Wiebke P324 1075 Steingrimsdottir, Herdis P199 1076 Steinhardt, Max P15 1077 Steininger, Marina P236 1078 Stepanov, Sergey P131 1079 Stepanova, Elena P211 1080 Stephan, Lisa-Susanna P303 1081 Sterck, Olivier P249 1082 Stevens, Katrien P183, C183 1083 Stockton, Isabel P16 1084 Storesletten, Kjetil P21, C21, C395 1085 Stouli, Sami P387 1086 Stoyanov, Andrey P143 1087 Strack, Philipp P69, P82 1088 Strieborny, Martin P154, C154 1089 Strobel, Felix P251 1090 Stroebel, Johannes P80, C80 1091 Stromberg, David P79 1092 Suarez, Gustavo A. P20 1093 Suhonen, Tuomo P255 1094 Sulis, Giovanni P135 1095 Summer, Martin P339 1096 Sun, Cheng P353 1097 Sun, Yiguo P350 1098 Sun, Junze P217 1099 Suzuki, Michio P345, C345 1100 Szech, Nora P170 1101 Szerman, Dimitri P344, C344 1102 Szerszen, Pawel P301, C301 1103 Szkup, Michal P33 1104 Szydlowski, Arkadiusz P68 1105 Tabellini, Guido P1 1106 Takahashi, Shuhei P27 1107 Tan, Eugene P223 1108 Tapo, Fatoumata P88 1109 Tarasov, Alexander P36 1110 Taschini, Luca P253 1111 Tåg, Joacim P136 1112 te Kaat, Daniel Marcel P330, C330 1113 Tebaldi, Claudio P270, C270 1114 Tedeschi, Piero P273 1115 Teles, Pedro P315 1116 Tenreyro, Silvana P83 1117 Terovitis, Spyros P131 1118 Tertilt, Michele C317 1119 Teytelboym, Alexander P352 1120 Thapar, Aditi P300 1121 Thiel, Jurre P37, C37 1122 Thomes, Tim P138 1123 Thuemmel, Uwe P198, C198 1124 Tielens, Joris P139, C139 1125 Tille, Cedric P93 1126 Timmer, Yannick P90 1127 Tintelnot, Félix P81 1128 Tischbirek, Andreas P262 1129 Tischer, Johannes P100 1130 Titl, Vítězslav P321, C321 1131 Tkhir, Anna-Mariia P340 1132 Tondini, Alessandro P201 1133 TONDJI, Jean-Baptiste P117 1134 Tonke, Sebastian P140, C140 1135 Toro, Patricio P176 1136 Toth, Aron P88 1137 Tracey, Belinda P363 1138 Traeger, Christian P168, C168, P260 1139 Tran Xuan, Monica P291 1140 Treibich, Rafael P59 1141 Tripier, Fabien P289 1142 Tsakas, Elias P304 1143 TSOU, Chi-Yang P207 1144 Tsoukas, Serafeim P154 1145 Turrell, Arthur P221 1146 Uebelmesser, Silke P55 1147 Ueda, Kozo P100 1148 Ueng, Shyh-Fang P109 1149 Uluc, Arzu P176 1150 Umana Dajud, Camilo P6 1151 Undurraga, Raimundo P257, C257 1152 Utar, Hale P259 1153 Vadasz, Tamas P339 1154 Vainora, Julius P350 1155 Valaitis, Vytautas P224, C224 1156 Valente, Christine P323 1157 Valente, Marica P132 1158 van Damme, Eric P305 1159 Van den bosch, Jeroen P22 1160 van der Erve, Laura P178 1161 van der Kwaak, Christiaan P322 1162 van der Leij, Marco P303, C303 1163 van der Velde, Lucas P377 1164 VAN EFFENTERRE, Clémentine P338 1165 van Veldhuizen, Roel P329 1166 van Vlokhoven, Has P110, P277, C277 1167 Vandenbussche, Hylke P111 1168 VANNIER, Brendan P106 1169 Vardoulakis, Alexandros P339 1170 Vartiainen, Hannu P117 1171 Vavra, Joseph P80 1172 Vay, Heiko P179 1173 Vazquez-Grande, Francisco P225, C225 1174 Vázquez, Jesús P262, C262 1175 Velasco, Carlos P31 1176 Velilla, Jorge P259, C259 1177 Ventura, Jaume P78 1178 Vergara Caffarelli, Filippo P236 1179 Verhoeks, Ralph P8, C8 1180 Verschelde, Marijn P22, C22 1181 Vertier, Paul P10 1182 Vestin, David P335 1183 Vicondoa, Alejandro P114, C114 1184 Vihriälä, Erkki P244 1185 Villanueva, Ernesto P221 1186 Virkola, Tuomo P98 1187 Visschers, Ludo P263 1188 Vladimirov, Vladimir P48 1189 Vo, Quynh-Anh P72 1190 Vogt, Benedikt P366, C366 1191 Voia, Anca P197, C197 1192 Voigtlaender, Nico P314 1193 Volpicella, Alessio P186 1194 von Gaudecker, Hans-Martin P381 1195 von Wangenheim, Jonas P247, C247 1196 Voss, Achim P204 1197 Voth, Hans-Joachim P314 1198 Voyvoda, Ebru P96 1199 Wacks, Johannes P370 1200 Wahl, Fabian P210 1201 Wakamori, Naoki P231 1202 Walter, Christian P218 1203 Wan, Roweno J.R.K. P253, C253 1204 Wang, Dieter P28, C28 1205 Wang, Cheng P60 1206 Wang, Yongli P215 1207 Wang, Weining P354 1208 Wang, Yicheng P383 1209 Wang, Zhu P37 1210 Wang, Mu-Chun P4 1211 Wang, Peichun P122, C122 1212 Wasser, Cédric P247 1213 Weber, Simon P99 1214 Werner, Katharina P23 1215 Werquin, Nicolas P35, P315 1216 Westermann, Frank P19 1217 Wibaux, Pauline P373, C373 1218 Wiczer, David P263 1219 Wiederholt, Mirko P313, C313 1220 Wigger, Christoph P169 1221 Williams, Julian M. P28 1222 Willrodt, Jana P219 1223 Wilner, Lionel P391 1224 Wilson, Tanya P199 1225 Winkler, Roland P251 1226 Winkler, Fabian P347 1227 Winter, Joachim P381, C381 1228 Witajewski-Baltvilks, Jan P175 1229 Witt, Julia P130, C130 1230 Witte, Marc P201 1231 Wohlfart, Johannes P347, C347 1232 Wolf, Christian P186, C186 1233 Wolff, Irenaeus P219 1234 Wolff, Jonathan P300, C300 1235 Won, Dong Chul P269 1236 Wong, Tsz-Ning P38, C38 1237 Wong, Russell P113 1238 Wozny, Florian P197 1239 Wursten, Jesse P362, C362 1240 Xia, Shuo P282 1241 Xie, Chengbo P177 1242 Xie, Zoe P221, C221, P333 1243 Xu, Youzong P116, C116 1244 Xu, Yilong P368 1245 Yamagata, Takashi P148, C148 1246 Yamamura, Taiki P225 1247 Yamashita, Takuro P358 1248 Yamashita, Mamiko P349, C349 1249 YAN, Shuo P3, C3 1250 Yang, Hanlin P265 1251 Yang, Ou P208 1252 Ye, Luofu P282, C282 1253 Yip, Terry P18 1254 You, Jing P128, C128 1255 Yu, Pei Cheng P231 1256 Yum, Minchul P174 1257 Zabelina, Natalia P92 1258 Zago, Riccardo P146, C146 1259 Zaharieva, Anna P240 1260 Zamojski, Marcin P148 1261 Zapal, Jan P271 1262 Zapechelnyuk, Andy P158, C158, P375 1263 Zegners, Dainis P280, C280 1264 Zerrahn, Alexander P283 1265 Zha, Danyan P151, C151 1266 Zhang, Ally Quan P104, P155 1267 Zhang, Weilong P221 1268 Zhang, Donghai P346, C346 1269 Zhang, Xiaohui P109 1270 Zhang, Yuan P102, P270 1271 Zhang, Haiping P152 1272 Zhang, Ning P152 1273 Zhang, Mengxi P39 1274 Zhou, Wen P308 1275 Zhu, Junyi P214 1276 Zhu, Yu P147, C147 1277 Zhu, Feng P8 1278 Zipitria, Leandro P92 1279 Ziros, Nicholas P59, C59 1280 Zitzelsberger, Sonja P200 1281 Zivanovic, Jelena P322 1282 Zultan, Ro'i P9 1283 Zylberberg, Yanos P263, P295 1284 Zyska, Lennard P162