August 27, 2018
Time	Location	Event
10:00 to 19:00		Registration
12:30 to 13:45	Hörsaalgebäude: Hörsaal C	Joint EEA-IEA Pre-Congress Session
14:15 to 16:00	see below	EEA Contributed Sessions 1
14:15 to 16:00	see below	ES Contributed Sessions 1
16:00 to 16:30		Coffee Break
16:30 to 17:45	see below	EEA Contributed Sessions 2
16:30 to 17:45	see below	ES Contributed Sessions 2
18:00 to 19:15	Hörsaalgebäude: Hörsaal B	ES Presidential Address
19:15 to 19:45	Hörsaalgebäude: Hörsaal B	ES Members' Meeting
20:00 to 22:30		Welcome Reception
August 28, 2018
Time	Location	Event
09:00 to 17:45	Hörsaalgebäude, Ground Floor	EEA Poster Sessions 1
09:00 to 10:15	Hörsaalgebäude: Hörsaal B	EEA Schumpeter Lecture
10:15 to 10:45		Coffee Break
10:45 to 12:45	see below	EEA Invited Sessions 1
10:45 to 12:45	see below	ES Invited Sessions 1
12:45 to 14:15		Lunch
13:00 to 14:00	Hörsaalgebäude: Hörsaal C	Monetary and Macroprudential Policy Interactions (session organised by EEA and ECB)
13:00 to 14:00	Hörsaalgebäude: Hörsaal A2	Innovative Models of Data Access for Researchers (organized by the Standing Committee on Research of the EEA)
14:15 to 16:00	see below	EEA Contributed Sessions 3
14:15 to 16:00	see below	ES Contributed Sessions 3
16:00 to 16:30		Coffee Break
16:30 to 17:45	see below	EEA Contributed Sessions 4
16:30 to 17:45	see below	ES Contributed Sessions 4
18:00 to 19:15	Hörsaalgebäude: Hörsaal B	ES Laffont Lecture
August 29, 2018
Time	Location	Event
09:00 to 17:45	Hörsaalgebäude, Ground Floor	EEA Poster Sessions 2
09:00 to 10:15	see below	EEA Contributed Sessions 5
09:00 to 10:15	see below	ES Contributed Sessions 5
10:15 to 10:45		Coffee Break
10:45 to 12:45	see below	EEA Contributed Sessions 6
10:45 to 12:45	see below	ES Contributed Sessions 6
12:45 to 14:15		Lunch
13:00 to 14:00	Hörsaalgebäude: Hörsaal B	ES Lunch Session
14:15 to 16:00	see below	EEA Contributed Sessions 7
14:15 to 16:00	see below	ES Contributed Sessions 7
16:00 to 16:30		Coffee Break
16:30 to 17:45	see below	EEA Contributed Sessions 8
16:30 to 17:45	see below	ES Contributed Sessions 8
18:00 to 19:15	Hörsaalgebäude: Hörsaal B	EEA Presidential Address
19:15 to 19:45	Hörsaalgebäude: Hörsaal B	EEA Members' Meeting
August 30, 2018
Time	Location	Event
09:00 to 10:15	Hörsaalgebäude: Hörsaal B	ES Fisher-Schultz Lecture
10:15 to 10:45		Coffee Break
10:45 to 12:45	see below	EEA Invited Sessions 2
10:45 to 12:45	see below	ES Invited Sessions 2
12:45 to 14:15		Lunch
13:00 to 14:00	Hörsaalgebäude: Hörsaal B	New Challenges, New Tools and New Objectives for Market Design and Public Policy (Local Arrangements Committee, University of Cologne)
14:15 to 16:00	see below	EEA Contributed Sessions 9
14:15 to 16:00	see below	ES Contributed Sessions 9
16:00 to 16:30		Coffee Break
16:30 to 17:45	see below	EEA Contributed Sessions 10
16:30 to 17:45	see below	ES Contributed Sessions 10
18:00 to 19:15	Hörsaalgebäude: Hörsaal B	EEA Marshall Lecture
August 31, 2018
Time	Location	Event
09:00 to 10:30	Hörsaalgebäude: Hörsaal C	How to Survive the Economics Job Market - Strategies and Advice for Young Economists.
09:00 to 10:30	Hörsaalgebäude: Hörsaal G	#WhatEconomistsReallyDo
10:30 to 11:00		Coffee Break
11:00 to 13:00	Hörsaalgebäude: Hörsaal G	ERC Grant Proposal Writing
11:00 to 14:00	Hörsaalgebäude: Hörsaal A2	Workshop: Getting Data from the Web: Scraping for Economists

Summary of All Sessions
Click here for an index of all participants

Date/Time	Location	Type	Title	Papers
August 27, 2018 12:30-13:45	Hörsaalgebäude: Hörsaal C	EEA invited	Is Europe an Optimal Political Union?	1
August 27, 2018 14:15-16:00	Philosophikum: S73	EEA contributed	Credit	4
August 27, 2018 14:15-16:00	Philosophikum: S54	EEA contributed	Development: Firms	4
August 27, 2018 14:15-16:00	Philosophikum: S83	EEA contributed	Econometrics I	4
August 27, 2018 14:15-16:00	Philosophikum: S55	EEA contributed	Econometrics II	3
August 27, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIa	EEA contributed	Empirical Economic Geography	4
August 27, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIa	EEA contributed	Evaluating Political Institutions	4
August 27, 2018 14:15-16:00	Seminargebäude: S12	EEA contributed	Exchange Rate Puzzles and Behavioural Explanations	4
August 27, 2018 14:15-16:00	Philosophikum: S82	EEA contributed	Experimental Labour Economics and Contracts	4
August 27, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIb	EEA contributed	Gender Biases in Politics	4
August 27, 2018 14:15-16:00	Philosophikum: S65	EEA contributed	Global Financial Markets	4
August 27, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal D	EEA contributed	Housing and the Macroeconomy	4
August 27, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal G	EEA contributed	Inflation	4
August 27, 2018 14:15-16:00	Hauptgebäude: Hörsaal XVIII	EEA contributed	Information	4
August 27, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIb	EEA contributed	Integration of Immigrants and Ethnic Discrimination	4
August 27, 2018 14:15-16:00	Seminargebäude: S15	EEA contributed	Labour Economics: Demography and Gender I	4
August 27, 2018 14:15-16:00	Seminargebäude: S13	EEA contributed	Labour Supply	4
August 27, 2018 14:15-16:00	Seminargebäude: S24	EEA contributed	Long Run Growth	4
August 27, 2018 14:15-16:00	Seminargebäude: S14	EEA contributed	Macroprudencial Policy and Portfolio Balancing	4
August 27, 2018 14:15-16:00	Philosophikum: S92	EEA contributed	Monetary Policy and Banks	4
August 27, 2018 14:15-16:00	Philosophikum: S67	EEA contributed	Optimal Taxation	3
August 27, 2018 14:15-16:00	Seminargebäude: S11	EEA contributed	Productivity	4
August 27, 2018 14:15-16:00	Seminargebäude: S23	ES contributed	Incentives in Education	4
August 27, 2018 14:15-16:00	Seminargebäude: S25	ES contributed	Labour Market Mobility	4
August 27, 2018 14:15-16:00	Seminargebäude: S01	ES contributed	Growth, Innovation and Firm Dynamics	3
August 27, 2018 14:15-16:00	Seminargebäude: S16	ES contributed	Investment, Production and Cycles	3
August 27, 2018 14:15-16:00	Seminargebäude: S21	ES contributed	Monetary Economics and Price Rigidities	4
August 27, 2018 14:15-16:00	Seminargebäude: S26	ES contributed	Developments in Financial Econometrics	4
August 27, 2018 14:15-16:00	Seminargebäude: S22	ES contributed	Nonparametric and Semiparametric Methods I	4
August 27, 2018 14:15-16:00	Seminargebäude: Tagungsraum	ES contributed	Factor Models of Large Dimensions	4
August 27, 2018 14:15-16:00	Philosophikum: S85	ES contributed	Panel Data Models with Interactive Effects	4
August 27, 2018 14:15-16:00	Philosophikum: S78	ES contributed	Matching Markets	4
August 27, 2018 14:15-16:00	Philosophikum: S66	ES contributed	Behavioural Game Theory and Experiments	4
August 27, 2018 14:15-16:00	Philosophikum: Hörsaal H 80	ES contributed	Household Finance and Option Grants	3
August 27, 2018 14:15-16:00	Philosophikum: S69	ES contributed	Political Economy: Fiscal Policy	4
August 27, 2018 14:15-16:00	Philosophikum: S76	ES contributed	Sorting, Matching and Frictions in Trade	3
August 27, 2018 14:15-16:00	Philosophikum: S63	ES contributed	Pricing Strategies	4
August 27, 2018 14:15-16:00	Philosophikum: S57	ES contributed	Cheap talk, Information and Learning	4
August 27, 2018 14:15-16:00	Philosophikum: S58	ES contributed	Mechanism Design I	3
August 27, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal F	ES contributed	Repeated Games and Cooperation	4
August 27, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal E	ES contributed	Learning	4
August 27, 2018 16:30-17:45	Seminargebäude: S14	EEA contributed	Applied Macroeconometrics	3
August 27, 2018 16:30-17:45	Philosophikum: S55	EEA contributed	Asset Pricing I	3
August 27, 2018 16:30-17:45	Philosophikum: S83	EEA contributed	Contract Theory: Dynamics	3
August 27, 2018 16:30-17:45	Philosophikum: S92	EEA contributed	Development: Rural Issues	2
August 27, 2018 16:30-17:45	Philosophikum: S73	EEA contributed	Enlarging the Policy Space	3
August 27, 2018 16:30-17:45	Seminargebäude: S11	EEA contributed	Firm Competition and Export Dynamics	3
August 27, 2018 16:30-17:45	Philosophikum: S54	EEA contributed	Firms and Credit	3
August 27, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal D	EEA contributed	Fiscal Policy I	3
August 27, 2018 16:30-17:45	Seminargebäude: S24	EEA contributed	Growth and Labour Supply	3
August 27, 2018 16:30-17:45	Philosophikum: S65	EEA contributed	Health	3
August 27, 2018 16:30-17:45	Philosophikum: S82	EEA contributed	Individual and Household Behaviour	3
August 27, 2018 16:30-17:45	Philosophikum: S67	EEA contributed	Labour Economics: Labour Contracts and Markets I	2
August 27, 2018 16:30-17:45	Seminargebäude: S12	EEA contributed	Macroeconomic Effects of Financial Frictions I	3
August 27, 2018 16:30-17:45	Hauptgebäude: Hörsaal XVIII	EEA contributed	Migration and Human Capital	3
August 27, 2018 16:30-17:45	Seminargebäude: S01	EEA contributed	Monetary Policy and Communication I	3
August 27, 2018 16:30-17:45	Seminargebäude: S15	EEA contributed	New Approaches to Business Cycles	3
August 27, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal G	EEA contributed	Optimal Earnings Taxation	3
August 27, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIb	EEA contributed	Political Institutions I	3
August 27, 2018 16:30-17:45	Seminargebäude: S13	EEA contributed	Product and Labour Market Dynamics	3
August 27, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIa	EEA contributed	Terror and Crime	3
August 27, 2018 16:30-17:45	Philosophikum: S85	ES contributed	Social Mobility, Language and Peer Effects	3
August 27, 2018 16:30-17:45	Philosophikum: S63	ES contributed	Consumption, Investment, and Intra-Household Allocation of Resources in Developing Countries	1
August 27, 2018 16:30-17:45	Philosophikum: S76	ES contributed	Housing Market	3
August 27, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal E	ES contributed	The Labour Share and the Business Cycle	1
August 27, 2018 16:30-17:45	Philosophikum: S66	ES contributed	New Measurements in Empirical Macro	3
August 27, 2018 16:30-17:45	Philosophikum: S69	ES contributed	Programme Evaluation	3
August 27, 2018 16:30-17:45	Philosophikum: Hörsaal H 80	ES contributed	Identification	3
August 27, 2018 16:30-17:45	Seminargebäude: Tagungsraum	ES contributed	Preference Discovery	3
August 27, 2018 16:30-17:45	Seminargebäude: S21	ES contributed	Social Networks	3
August 27, 2018 16:30-17:45	Philosophikum: S78	ES contributed	Search and Matching	3
August 27, 2018 16:30-17:45	Philosophikum: S57	ES contributed	Banks and Liquidity Management	3
August 27, 2018 16:30-17:45	Philosophikum: S58	ES contributed	Empirical Asset Pricing	3
August 27, 2018 16:30-17:45	Seminargebäude: S23	ES contributed	Theory of Industrial Organisation	2
August 27, 2018 16:30-17:45	Seminargebäude: S25	ES contributed	Public Economics: Healthcare	3
August 27, 2018 18:00-19:15	Hörsaalgebäude: Hörsaal B	ES invited	State Capacity, Reciprocity, and the Social Contract	0
August 28, 2018 9:00-17:45	Hörsaalgebäude, Ground Floor	EEA contributed	Poster Session I	5
August 28, 2018 9:00-10:15	Hörsaalgebäude: Hörsaal B	EEA plenary	Sharing a Government	1
August 28, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal C	EEA invited	Economics of Online Media	3
August 28, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal A1	EEA invited	Housing Markets and the Macroeconomy	3
August 28, 2018 10:45-12:45	Hauptgebäude: Hörsaal II	EEA invited	Production Networks	3
August 28, 2018 10:45-12:45	Hauptgebäude: Hörsaal XIII	EEA invited	Understanding Choice	3
August 28, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal B	ES invited	Business Cycles and Monetary Policy	2
August 28, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal A2	ES invited	Organisational Design	2
August 28, 2018 10:45-12:45	Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor)	ES invited	Dynamic Microeconomics and Policy	2
August 28, 2018 14:15-16:00	Seminargebäude: S01	EEA contributed	Behavioural Game Theory	4
August 28, 2018 14:15-16:00	Philosophikum: S65	EEA contributed	Corporate Tax Evasion	4
August 28, 2018 14:15-16:00	Philosophikum: S92	EEA contributed	Development: Political Economy	4
August 28, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal D	EEA contributed	Dynamic Incentive Problems	4
August 28, 2018 14:15-16:00	Seminargebäude: S14	EEA contributed	Empirical Finance	4
August 28, 2018 14:15-16:00	Philosophikum: S83	EEA contributed	Empirical IO	4
August 28, 2018 14:15-16:00	Seminargebäude: S13	EEA contributed	Exchange Rate Pass Though and Law of One Price	4
August 28, 2018 14:15-16:00	Seminargebäude: S11	EEA contributed	Financial Cycles and Global Capital Flows	4
August 28, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIa	EEA contributed	Gender and Politics	4
August 28, 2018 14:15-16:00	Seminargebäude: S24	EEA contributed	Global Financial Cycle	4
August 28, 2018 14:15-16:00	Philosophikum: S55	EEA contributed	Innovation and Growth	4
August 28, 2018 14:15-16:00	Philosophikum: S73	EEA contributed	Labour Economics: Demography and Gender II	4
August 28, 2018 14:15-16:00	Philosophikum: S67	EEA contributed	Labour Economics: Programme Evaluation	3
August 28, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIb	EEA contributed	Marriage Markets	4
August 28, 2018 14:15-16:00	Hauptgebäude: Hörsaal XVIII	EEA contributed	Monetary Policy at the Lower Bound I	4
August 28, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal G	EEA contributed	Networks	4
August 28, 2018 14:15-16:00	Seminargebäude: S12	EEA contributed	Over the Counter Market	4
August 28, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIb	EEA contributed	Peer Effects in Education and the Labour Market	4
August 28, 2018 14:15-16:00	Philosophikum: S54	EEA contributed	Perspective on Financial Crises	4
August 28, 2018 14:15-16:00	Philosophikum: S82	EEA contributed	Public Goods Provision	4
August 28, 2018 14:15-16:00	Seminargebäude: S15	EEA contributed	Volatility and Uncertainty in Open Economies	4
August 28, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIa	EEA contributed	Work Related Training and Vocational Education	4
August 28, 2018 14:15-16:00	Seminargebäude: S21	ES contributed	Family Policies	4
August 28, 2018 14:15-16:00	Philosophikum: S85	ES contributed	Crime, Drugs, Corruption and Gambling	4
August 28, 2018 14:15-16:00	Philosophikum: S78	ES contributed	Spatial Macroeconomics	3
August 28, 2018 14:15-16:00	Seminargebäude: S26	ES contributed	Trade, Innovation and Productivity	4
August 28, 2018 14:15-16:00	Philosophikum: S69	ES contributed	Government and the Macroeconomy I	3
August 28, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal E	ES contributed	Monetary Economics, Financial Frictions and Uncertainty	4
August 28, 2018 14:15-16:00	Philosophikum: S66	ES contributed	Identification in SVAR and proxy-SVAR Models	4
August 28, 2018 14:15-16:00	Seminargebäude: Tagungsraum	ES contributed	Nonparametric and Semiparameteric Methods II	4
August 28, 2018 14:15-16:00	Philosophikum: S76	ES contributed	Networks and Information	3
August 28, 2018 14:15-16:00	Philosophikum: S63	ES contributed	Collective Decision	4
August 28, 2018 14:15-16:00	Philosophikum: S57	ES contributed	Asset Pricing Theory	4
August 28, 2018 14:15-16:00	Philosophikum: S58	ES contributed	Political Economy: Social Connections	4
August 28, 2018 14:15-16:00	Seminargebäude: S23	ES contributed	International Business Cycles and Relative Prices	4
August 28, 2018 14:15-16:00	Seminargebäude: S25	ES contributed	Contract Theory I	3
August 28, 2018 14:15-16:00	Seminargebäude: S22	ES contributed	Innovation	3
August 28, 2018 14:15-16:00	Philosophikum: Hörsaal H 80	ES contributed	Human Capital	3
August 28, 2018 16:30-17:45	Philosophikum: S83	EEA contributed	Bank Regulation I	2
August 28, 2018 16:30-17:45	Seminargebäude: S01	EEA contributed	Capital Flows and Instabilty	3
August 28, 2018 16:30-17:45	Seminargebäude: S12	EEA contributed	Development: Credit and Savings I	3
August 28, 2018 16:30-17:45	Philosophikum: S92	EEA contributed	Economics of Migration	3
August 28, 2018 16:30-17:45	Hauptgebäude: Hörsaal XIb	EEA contributed	Effects of Retirement Systems	3
August 28, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIa	EEA contributed	Financial Factors in Business Cycles I	3
August 28, 2018 16:30-17:45	Philosophikum: S82	EEA contributed	Health in Organisations	3
August 28, 2018 16:30-17:45	Seminargebäude: S24	EEA contributed	Information Design: Acquisition and Aggregation	3
August 28, 2018 16:30-17:45	Philosophikum: S67	EEA contributed	Institutions	2
August 28, 2018 16:30-17:45	Philosophikum: S65	EEA contributed	Intrahousehold Decisions	3
August 28, 2018 16:30-17:45	Seminargebäude: S15	EEA contributed	Investment, Investment Finance and Regulation (EIB special contributed session)	3
August 28, 2018 16:30-17:45	Philosophikum: S54	EEA contributed	Labour Economics: Labour Contracts and Markets II	3
August 28, 2018 16:30-17:45	Philosophikum: S73	EEA contributed	Labour Economics: Workers	3
August 28, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIb	EEA contributed	Monetary Policy and Communication II	3
August 28, 2018 16:30-17:45	Seminargebäude: S13	EEA contributed	Oligopoly Pricing	2
August 28, 2018 16:30-17:45	Philosophikum: S55	EEA contributed	Real Effects of Liquidity	3
August 28, 2018 16:30-17:45	Seminargebäude: S14	EEA contributed	Taxation and Public Utilities	3
August 28, 2018 16:30-17:45	Hauptgebäude: Hörsaal XIa	EEA contributed	Taxes and Transfers I	3
August 28, 2018 16:30-17:45	Hauptgebäude: Hörsaal XVIII	EEA contributed	Topics in Education	3
August 28, 2018 16:30-17:45	Seminargebäude: S11	EEA contributed	Trade Integration	3
August 28, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal E	ES contributed	Housing	3
August 28, 2018 16:30-17:45	Seminargebäude: S26	ES contributed	Business Cycles	3
August 28, 2018 16:30-17:45	Seminargebäude: S16	ES contributed	Macroeconomics: Labour Markets and Search	3
August 28, 2018 16:30-17:45	Seminargebäude: S23	ES contributed	Search and Matching in Money and Asset Markets	3
August 28, 2018 16:30-17:45	Seminargebäude: S25	ES contributed	Econometric Issues in Factor Models	3
August 28, 2018 16:30-17:45	Philosophikum: Hörsaal H 80	ES contributed	Survey Forecasts and Uncertainty	3
August 28, 2018 16:30-17:45	Seminargebäude: S22	ES contributed	Treatment Effects	3
August 28, 2018 16:30-17:45	Seminargebäude: Tagungsraum	ES contributed	Gender and Development	3
August 28, 2018 16:30-17:45	Philosophikum: S58	ES contributed	Global Imbalances	3
August 28, 2018 16:30-17:45	Philosophikum: S57	ES contributed	Experimentation	3
August 28, 2018 16:30-17:45	Philosophikum: S63	ES contributed	Funding Shocks	3
August 28, 2018 16:30-17:45	Philosophikum: S78	ES contributed	Ambiguity Aversion and Collateral Constraints	3
August 28, 2018 16:30-17:45	Philosophikum: S76	ES contributed	Empirical Strategies in Demand Estimation	3
August 28, 2018 16:30-17:45	Philosophikum: S69	ES contributed	Advances in Games and Learning	3
August 28, 2018 16:30-17:45	Philosophikum: S66	ES contributed	Persuasion and Mechanism Design	3
August 28, 2018 18:00-19:15	Hörsaalgebäude: Hörsaal B	plenary	Starting Ventures	1
August 29, 2018 9:00-17:45	Hörsaalgebäude, Ground Floor	EEA contributed	Poster Session II	5
August 29, 2018 9:00-10:15	Philosophikum: S54	EEA contributed	Asset Pricing II	3
August 29, 2018 9:00-10:15	Hauptgebäude: Hörsaal XVIII	EEA contributed	Behavioural Responses to Retirement Pensions	3
August 29, 2018 9:00-10:15	Seminargebäude: S11	EEA contributed	Currency Risk and Global Risk Sharing	3
August 29, 2018 9:00-10:15	Seminargebäude: S14	EEA contributed	Development: Credit and Savings II	4
August 29, 2018 9:00-10:15	Philosophikum: S55	EEA contributed	Economic and Political Outcomes	3
August 29, 2018 9:00-10:15	Hauptgebäude: Hörsaal VIIb	EEA contributed	Economics of the Firm I	3
August 29, 2018 9:00-10:15	Hörsaalgebäude: Hörsaal D	EEA contributed	Financial Factors in Business Cycles II	3
August 29, 2018 9:00-10:15	Seminargebäude: S12	EEA contributed	Fundamental Issues in Climate Policy I	3
August 29, 2018 9:00-10:15	Hauptgebäude: Hörsaal XIb	EEA contributed	Impacts of Immigration	3
August 29, 2018 9:00-10:15	Seminargebäude: S24	EEA contributed	Information Economics	3
August 29, 2018 9:00-10:15	Philosophikum: S82	EEA contributed	Investor Behaviour and the Stock Market I	2
August 29, 2018 9:00-10:15	Philosophikum: S73	EEA contributed	Labour Economics: Policies	2
August 29, 2018 9:00-10:15	Philosophikum: S83	EEA contributed	Legislative Politics	3
August 29, 2018 9:00-10:15	Seminargebäude: S15	EEA contributed	Macroeconomics of Ownership and Fertility	3
August 29, 2018 9:00-10:15	Seminargebäude: S13	EEA contributed	Macroeconomics: Heterogenous Agents	3
August 29, 2018 9:00-10:15	Philosophikum: S65	EEA contributed	Macroprudential Policy	3
August 29, 2018 9:00-10:15	Hörsaalgebäude: Hörsaal G	EEA contributed	Monetary Policy and the Banking Sector	3
August 29, 2018 9:00-10:15	Hauptgebäude: Hörsaal XIa	EEA contributed	Student Enrollment	3
August 29, 2018 9:00-10:15	Philosophikum: S67	EEA contributed	Tax Evasion	3
August 29, 2018 9:00-10:15	Seminargebäude: S01	EEA contributed	Taxes and Transfers II	3
August 29, 2018 9:00-10:15	Philosophikum: S92	EEA contributed	Work and Performance	3
August 29, 2018 9:00-10:15	Philosophikum: S58	ES contributed	Economics of War	3
August 29, 2018 9:00-10:15	Seminargebäude: S25	ES contributed	Immigration, Crime and Public Policies	3
August 29, 2018 9:00-10:15	Hörsaalgebäude: Hörsaal E	ES contributed	Human Capital and Growth	3
August 29, 2018 9:00-10:15	Seminargebäude: S22	ES contributed	Firm Dynamics and Information	3
August 29, 2018 9:00-10:15	Seminargebäude: Tagungsraum	ES contributed	Identification and Macroeconomic Policy Analysis	3
August 29, 2018 9:00-10:15	Seminargebäude: S16	ES contributed	Developments in Time Series	3
August 29, 2018 9:00-10:15	Seminargebäude: S26	ES contributed	Factor Models	3
August 29, 2018 9:00-10:15	Seminargebäude: S23	ES contributed	Nonstandard Testing Problems	3
August 29, 2018 9:00-10:15	Philosophikum: Hörsaal H 80	ES contributed	Knowledge and Beliefs	3
August 29, 2018 9:00-10:15	Philosophikum: S85	ES contributed	Behavioural Decision Theory	3
August 29, 2018 9:00-10:15	Philosophikum: S66	ES contributed	Cooperation	2
August 29, 2018 9:00-10:15	Philosophikum: S69	ES contributed	Regulations	2
August 29, 2018 9:00-10:15	Philosophikum: S76	ES contributed	Rare Disasters	3
August 29, 2018 9:00-10:15	Philosophikum: S63	ES contributed	Sovereign Risk	2
August 29, 2018 9:00-10:15	Philosophikum: S57	ES contributed	Vertical Relationships	3
August 29, 2018 10:45-12:45	Philosophikum: S82	EEA contributed	Agricultural Development and Quality of Life	5
August 29, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal G	EEA contributed	Capital Taxation	5
August 29, 2018 10:45-12:45	Philosophikum: S73	EEA contributed	Children's Health	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal VIIa	EEA contributed	Cooperation	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal XVIII	EEA contributed	Development: Labour	5
August 29, 2018 10:45-12:45	Philosophikum: S67	EEA contributed	Development: Long Run Growth	5
August 29, 2018 10:45-12:45	Philosophikum: S92	EEA contributed	Education and Household Outcomes	5
August 29, 2018 10:45-12:45	Philosophikum: S83	EEA contributed	Environmental Decisions by Individual and Firms	5
August 29, 2018 10:45-12:45	Philosophikum: S55	EEA contributed	Environmental Policy and Fiscal Policy	5
August 29, 2018 10:45-12:45	Seminargebäude: S12	EEA contributed	FDI Knowledge Transfer and Wage Premium	5
August 29, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal D	EEA contributed	Finance and Macroeconomics	5
August 29, 2018 10:45-12:45	Philosophikum: S54	EEA contributed	Growth Fertility and Climate Change	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal XVIIb	EEA contributed	History of Growth and Financial Capacity	3
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal XIa	EEA contributed	History of State Capacity	5
August 29, 2018 10:45-12:45	Philosophikum: S65	EEA contributed	Income Shocks and Consumption	5
August 29, 2018 10:45-12:45	Seminargebäude: S01	EEA contributed	Innovation and Patenting	5
August 29, 2018 10:45-12:45	Seminargebäude: S14	EEA contributed	Interest Rate Dynamics	5
August 29, 2018 10:45-12:45	Seminargebäude: S15	EEA contributed	Labour Economics: Income Distribution and Inequality	5
August 29, 2018 10:45-12:45	Seminargebäude: S24	EEA contributed	Macroeconomic Forecasting	5
August 29, 2018 10:45-12:45	Seminargebäude: S11	EEA contributed	Macroeconomics: Labour Markets	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal XIb	EEA contributed	Media, Information and Influence	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal VIIb	EEA contributed	Prosocial Behaviour and Image Concerns	5
August 29, 2018 10:45-12:45	Hauptgebäude: Hörsaal XVIIa	EEA contributed	Risk and Beliefs	5
August 29, 2018 10:45-12:45	Seminargebäude: S13	EEA contributed	Unemployment, Health and Well-Being	4
August 29, 2018 10:45-12:45	Seminargebäude: S23	ES contributed	Matching and Unemployment	5
August 29, 2018 10:45-12:45	Seminargebäude: S25	ES contributed	Insurance	4
August 29, 2018 10:45-12:45	Philosophikum: S78	ES contributed	Wealth Inequality	5
August 29, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal E	ES contributed	Bond Default	5
August 29, 2018 10:45-12:45	Philosophikum: Hörsaal H 80	ES contributed	The Econometrics of Structural Macro Models	4
August 29, 2018 10:45-12:45	Seminargebäude: Tagungsraum	ES contributed	GMM and IV Methods	4
August 29, 2018 10:45-12:45	Seminargebäude: S22	ES contributed	Decision Theory	5
August 29, 2018 10:45-12:45	Seminargebäude: S16	ES contributed	Reveled Preferences	4
August 29, 2018 10:45-12:45	Seminargebäude: S26	ES contributed	Biased Beliefs	5
August 29, 2018 10:45-12:45	Philosophikum: S85	ES contributed	Empirics of Trade Costs	4
August 29, 2018 10:45-12:45	Philosophikum: S66	ES contributed	Industry Studies	5
August 29, 2018 10:45-12:45	Philosophikum: S69	ES contributed	Mechanism Design II	4
August 29, 2018 10:45-12:45	Seminargebäude: S21	ES contributed	Topics in Banking and Asset Management	5
August 29, 2018 13:00-14:00	Hörsaalgebäude: Hörsaal B	plenary	Replication and Credibility of Research	0
August 29, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal D	EEA contributed	Asset Markets	4
August 29, 2018 14:15-16:00	Seminargebäude: S01	EEA contributed	Brexit Impact and Attitudes	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIb	EEA contributed	Business Cycles in Europe	4
August 29, 2018 14:15-16:00	Philosophikum: S54	EEA contributed	Corporate Finance	4
August 29, 2018 14:15-16:00	Seminargebäude: S15	EEA contributed	Development: Health	4
August 29, 2018 14:15-16:00	Seminargebäude: S14	EEA contributed	Empirical Analysis of Job Search	4
August 29, 2018 14:15-16:00	Philosophikum: S73	EEA contributed	FinTech, Shadow Banks, New Lending Ways	3
August 29, 2018 14:15-16:00	Philosophikum: S82	EEA contributed	Gender Disparities in Labour and Other Markets	4
August 29, 2018 14:15-16:00	Seminargebäude: S11	EEA contributed	Global Value Chains and Production Networks	4
August 29, 2018 14:15-16:00	Philosophikum: S67	EEA contributed	Household Credit	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIa	EEA contributed	Inequality Insurance and Redistributions	4
August 29, 2018 14:15-16:00	Seminargebäude: S12	EEA contributed	Information and Prices	4
August 29, 2018 14:15-16:00	Philosophikum: S83	EEA contributed	Information Design and Trade	4
August 29, 2018 14:15-16:00	Seminargebäude: S24	EEA contributed	Labour Economics: Technology	4
August 29, 2018 14:15-16:00	Philosophikum: S55	EEA contributed	Law and Economics	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIb	EEA contributed	Macroeconomics: Consumption and Saving	3
August 29, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal G	EEA contributed	Macroeconomics: Fiscal Policy I	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIa	EEA contributed	Monetary Policy and Private Sector Balance Sheets	4
August 29, 2018 14:15-16:00	Seminargebäude: S13	EEA contributed	Permit Markets	4
August 29, 2018 14:15-16:00	Philosophikum: S92	EEA contributed	Social Choice and Mechanism Design	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal XVIII	EEA tutorial	The Benefits of Education	4
August 29, 2018 14:15-16:00	Philosophikum: S65	EEA contributed	Unethical and Destructive Behaviours	4
August 29, 2018 14:15-16:00	Seminargebäude: S26	ES contributed	Networks, Externalities, and Development	4
August 29, 2018 14:15-16:00	Seminargebäude: Tagungsraum	ES contributed	Books, Education and Skills	4
August 29, 2018 14:15-16:00	Seminargebäude: S25	ES contributed	Gender and the Labour Market	4
August 29, 2018 14:15-16:00	Seminargebäude: S16	ES contributed	Economics of Climate Change	3
August 29, 2018 14:15-16:00	Seminargebäude: S21	ES contributed	Misallocation and Industry Dynamics	4
August 29, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal E	ES contributed	Asset Prices and Learning	4
August 29, 2018 14:15-16:00	Philosophikum: Hörsaal H 80	ES contributed	Labour Market Risk and Reallocation over the Business Cycle	4
August 29, 2018 14:15-16:00	Philosophikum: S78	ES contributed	Monetary Policy	4
August 29, 2018 14:15-16:00	Seminargebäude: S22	ES contributed	New Forecasting Models and Methods	4
August 29, 2018 14:15-16:00	Seminargebäude: S23	ES contributed	Specification Testing	4
August 29, 2018 14:15-16:00	Hauptgebäude: Hörsaal V	ES contributed	Psychological Games	4
August 29, 2018 14:15-16:00	Philosophikum: S85	ES contributed	Market Design	4
August 29, 2018 14:15-16:00	Philosophikum: S66	ES contributed	General Equilibrium	4
August 29, 2018 14:15-16:00	Philosophikum: S69	ES contributed	Intermediary Asset Pricing and Systemic Risk	3
August 29, 2018 14:15-16:00	Philosophikum: S76	ES contributed	Political Economy: Voting	4
August 29, 2018 14:15-16:00	Philosophikum: S63	ES contributed	Exchange Rate Shocks	3
August 29, 2018 14:15-16:00	Philosophikum: S57	ES contributed	Contract Theory II	4
August 29, 2018 14:15-16:00	Philosophikum: S58	ES contributed	Principal Agent models	4
August 29, 2018 16:30-17:45	Hauptgebäude: Hörsaal XIa	EEA contributed	Aspects of Health Insurance	3
August 29, 2018 16:30-17:45	Seminargebäude: S15	EEA contributed	Bureaucracies: Theory and Evidence	3
August 29, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal D	EEA contributed	Business Cycle and the Labour Market	3
August 29, 2018 16:30-17:45	Seminargebäude: S12	EEA contributed	Capital Flows and Financial Integration	3
August 29, 2018 16:30-17:45	Philosophikum: S83	EEA contributed	Development: Other	3
August 29, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIa	EEA contributed	Economics of the Firm II	3
August 29, 2018 16:30-17:45	Philosophikum: S82	EEA contributed	Financial Regulation I	3
August 29, 2018 16:30-17:45	Philosophikum: S73	EEA contributed	Firms and Human Capital	3
August 29, 2018 16:30-17:45	Philosophikum: S65	EEA contributed	Fundamental Issues in Climate Policy II	3
August 29, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal G	EEA contributed	Household Savings with Heterogeneous Agents	3
August 29, 2018 16:30-17:45	Seminargebäude: S13	EEA contributed	Immigration and Its Political Effects	3
August 29, 2018 16:30-17:45	Philosophikum: S54	EEA contributed	Investor Behaviour and the Stock Market II	3
August 29, 2018 16:30-17:45	Philosophikum: S55	EEA contributed	Labour Economics: Wages I	3
August 29, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIb	EEA contributed	Local Labour Markets	3
August 29, 2018 16:30-17:45	Seminargebäude: S01	EEA contributed	Macroeconomic Effects of Financial Frictions II	2
August 29, 2018 16:30-17:45	Seminargebäude: S24	EEA contributed	Monetary Policy at the Lower Bound II	3
August 29, 2018 16:30-17:45	Seminargebäude: S11	EEA contributed	Macroeconomics: Optimal Taxation	3
August 29, 2018 16:30-17:45	Philosophikum: S92	EEA contributed	Search Rigidities and the Macroeconomy	3
August 29, 2018 16:30-17:45	Philosophikum: S67	EEA contributed	Tax Policy	3
August 29, 2018 16:30-17:45	Seminargebäude: S14	EEA contributed	Uncertainty and the Business Cycle	3
August 29, 2018 16:30-17:45	Hauptgebäude: Hörsaal XVIII	EEA contributed	Urban Public Economics	3
August 29, 2018 16:30-17:45	Seminargebäude: S23	ES contributed	Health Economics	3
August 29, 2018 16:30-17:45	Seminargebäude: S21	ES contributed	Schooling and Labour Markets in Emerging and Developing Countries	3
August 29, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal E	ES contributed	Labour Markets	3
August 29, 2018 16:30-17:45	Seminargebäude: S22	ES contributed	Firm Dynamics	3
August 29, 2018 16:30-17:45	Seminargebäude: Tagungsraum	ES contributed	Government and the Macroeconomy II	2
August 29, 2018 16:30-17:45	Seminargebäude: S25	ES contributed	Bayesian Methods in Finance	3
August 29, 2018 16:30-17:45	Seminargebäude: S16	ES contributed	Model Averaging and Mixture Models	3
August 29, 2018 16:30-17:45	Seminargebäude: S26	ES contributed	The Econometrics of Networks	3
August 29, 2018 16:30-17:45	Philosophikum: S85	ES contributed	Rational Inattention	3
August 29, 2018 16:30-17:45	Philosophikum: S66	ES contributed	Cooperative and non-Cooperative Games	3
August 29, 2018 16:30-17:45	Philosophikum: S69	ES contributed	Frictions in Finance	3
August 29, 2018 16:30-17:45	Philosophikum: S76	ES contributed	Behavioural Asset Pricing	3
August 29, 2018 16:30-17:45	Philosophikum: S63	ES contributed	Competition and Trade Policies	3
August 29, 2018 16:30-17:45	Philosophikum: S57	ES contributed	IO and Productivity	3
August 29, 2018 16:30-17:45	Philosophikum: S58	ES contributed	Incentives and Competition	3
August 29, 2018 18:00-19:15	Hörsaalgebäude: Hörsaal B	EEA plenary	Aspirations, Social Norms and Development	1
August 30, 2018 9:00-10:15	Hörsaalgebäude: Hörsaal B	ES invited	Transparent Structural Estimation	0
August 30, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal A1	EEA invited	Behavioural Macroeconomics	3
August 30, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal C	EEA invited	Culture and Economics	4
August 30, 2018 10:45-12:45	Hauptgebäude: Hörsaal II	EEA invited	Inequality and Tax Policy	3
August 30, 2018 10:45-12:45	Hauptgebäude: Hörsaal XIII	EEA invited	The Economics of Management	3
August 30, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal B	ES invited	Macroeconomics of Inequality	2
August 30, 2018 10:45-12:45	Hörsaalgebäude: Hörsaal A2	ES invited	Family Economics	2
August 30, 2018 10:45-12:45	Hauptgebäude: Aula 2 (not on map, but opposite Dozentenzimmer on the ground floor)	ES invited	Economics of Research and Experimentation	2
August 30, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIa	EEA contributed	Competition and Innovation	4
August 30, 2018 14:15-16:00	Philosophikum: S54	EEA contributed	Corruption and Politics	4
August 30, 2018 14:15-16:00	Philosophikum: S92	EEA contributed	Credit and the Macroeconomy	4
August 30, 2018 14:15-16:00	Seminargebäude: S14	EEA contributed	Development: Education	4
August 30, 2018 14:15-16:00	Seminargebäude: S12	EEA contributed	Development: Well Being, Risks, and Insurance	4
August 30, 2018 14:15-16:00	Seminargebäude: S15	EEA contributed	Evidence on Credit Markets	4
August 30, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal G	EEA contributed	Exchange Rates	3
August 30, 2018 14:15-16:00	Philosophikum: S65	EEA contributed	Family Policies and Labour Supply	4
August 30, 2018 14:15-16:00	Hauptgebäude: Hörsaal XVIII	EEA contributed	Finance, Housing and Retirement	4
August 30, 2018 14:15-16:00	Philosophikum: S73	EEA contributed	Gender and Ethnicity	4
August 30, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal D	EEA contributed	International Capital Flows, Controls and Allocations	4
August 30, 2018 14:15-16:00	Philosophikum: S82	EEA contributed	International Migration	3
August 30, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIb	EEA contributed	Labour Markets and Economic Integration	4
August 30, 2018 14:15-16:00	Seminargebäude: S11	EEA contributed	Macroeconomics: Fiscal Policy II	4
August 30, 2018 14:15-16:00	Hauptgebäude: Hörsaal VIIb	EEA contributed	Media and Platforms	4
August 30, 2018 14:15-16:00	Seminargebäude: S01	EEA contributed	Monetary Policy Design	4
August 30, 2018 14:15-16:00	Seminargebäude: S24	EEA contributed	Monetary Policy: Empirics	4
August 30, 2018 14:15-16:00	Philosophikum: S67	EEA contributed	Political Economy of Public Policies	4
August 30, 2018 14:15-16:00	Philosophikum: S55	EEA contributed	Student Achievement in School and College	4
August 30, 2018 14:15-16:00	Hauptgebäude: Hörsaal XIa	EEA contributed	Systemic Risk	4
August 30, 2018 14:15-16:00	Seminargebäude: S13	EEA contributed	Taxation and Housing with Heterogeneous Agents	4
August 30, 2018 14:15-16:00	Philosophikum: S83	EEA contributed	Unemployment and Labour Market Policies	3
August 30, 2018 14:15-16:00	Seminargebäude: S23	ES contributed	Firms, Hours Worked and Labour Demand	4
August 30, 2018 14:15-16:00	Seminargebäude: S21	ES contributed	Human Capital in Emerging and Developing Economies	4
August 30, 2018 14:15-16:00	Seminargebäude: S26	ES contributed	Energy, Oil and Environmental Economics	4
August 30, 2018 14:15-16:00	Seminargebäude: Tagungsraum	ES contributed	Productivity Growth	3
August 30, 2018 14:15-16:00	Philosophikum: S85	ES contributed	Communication and Monetary Policy	4
August 30, 2018 14:15-16:00	Seminargebäude: S16	ES contributed	Survey Forecasts and their Macroeconomic Implications	4
August 30, 2018 14:15-16:00	Hörsaalgebäude: Hörsaal E	ES contributed	Predicting Stock Returns and Volatility	4
August 30, 2018 14:15-16:00	Seminargebäude: S22	ES contributed	Financial Econometrics: Modelling Tail Behaviour	4
August 30, 2018 14:15-16:00	Seminargebäude: S25	ES contributed	Networks and Spatial Dependence	4
August 30, 2018 14:15-16:00	Philosophikum: S66	ES contributed	Global Games	4
August 30, 2018 14:15-16:00	Philosophikum: Hörsaal H 80	ES contributed	Networks: Interactions and Policy	4
August 30, 2018 14:15-16:00	Philosophikum: S69	ES contributed	Trust, Corruption and Shadow Banking	3
August 30, 2018 14:15-16:00	Philosophikum: S76	ES contributed	New Approaches in Empirical Asset Pricing	4
August 30, 2018 14:15-16:00	Philosophikum: S63	ES contributed	Public Economics: Taxes and Transfers	4
August 30, 2018 14:15-16:00	Philosophikum: S57	ES contributed	Mechanism Design and Auctions	4
August 30, 2018 14:15-16:00	Philosophikum: S58	ES contributed	Mechanism Design III	4
August 30, 2018 14:15-16:00	Philosophikum: S78	ES contributed	Auctions	4
August 30, 2018 16:30-17:45	Hauptgebäude: Hörsaal XVIII	EEA contributed	Bank Regulation II	3
August 30, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal D	EEA contributed	Behavioural IO Theory	3
August 30, 2018 16:30-17:45	Seminargebäude: S24	EEA contributed	Bounded Rationality and Model Uncertainty	3
August 30, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIb	EEA contributed	Economic and Political Institutions	3
August 30, 2018 16:30-17:45	Philosophikum: S92	EEA contributed	Financial Regulation II	2
August 30, 2018 16:30-17:45	Seminargebäude: S15	EEA contributed	Fiscal Policy II	3
August 30, 2018 16:30-17:45	Hauptgebäude: Hörsaal VIIa	EEA contributed	Health Information and Health Outcomes	3
August 30, 2018 16:30-17:45	Philosophikum: S67	EEA contributed	Housing Markets	3
August 30, 2018 16:30-17:45	Philosophikum: S73	EEA contributed	Income Shocks and Consumption Smoothing	3
August 30, 2018 16:30-17:45	Philosophikum: S65	EEA contributed	Inequality	3
August 30, 2018 16:30-17:45	Seminargebäude: S14	EEA contributed	Labor Economics: Wages II	3
August 30, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal G	EEA contributed	Monetary Policy and Inequality	3
August 30, 2018 16:30-17:45	Seminargebäude: S11	EEA contributed	Monetary Policy and the Labour Market	3
August 30, 2018 16:30-17:45	Seminargebäude: S01	EEA contributed	Monetary Policy at the Lower Bound III	3
August 30, 2018 16:30-17:45	Philosophikum: S54	EEA contributed	Non-Tariff Barriers in International Trade	3
August 30, 2018 16:30-17:45	Philosophikum: S83	EEA contributed	Political Economy of Environment	3
August 30, 2018 16:30-17:45	Hauptgebäude: Hörsaal XIa	EEA contributed	Political Institutions II	3
August 30, 2018 16:30-17:45	Philosophikum: S55	EEA contributed	Retail Finance and Household Behaviour	3
August 30, 2018 16:30-17:45	Seminargebäude: S13	EEA contributed	Technological Change and Employment	2
August 30, 2018 16:30-17:45	Philosophikum: S82	EEA contributed	Trade Cost Effects: Tariffs, Transport & Trust	3
August 30, 2018 16:30-17:45	Seminargebäude: S12	EEA contributed	Urban Economics and Public Policies	3
August 30, 2018 16:30-17:45	Seminargebäude: Tagungsraum	ES contributed	Political Economy and Institutions in Emerging and Developing Countries	3
August 30, 2018 16:30-17:45	Philosophikum: S78	ES contributed	Subjective Expectations	3
August 30, 2018 16:30-17:45	Hörsaalgebäude: Hörsaal E	ES contributed	Trends in Female Labour Supply	3
August 30, 2018 16:30-17:45	Seminargebäude: S26	ES contributed	Capital Markets	3
August 30, 2018 16:30-17:45	Seminargebäude: S25	ES contributed	Uncertainty and Business Cycles	3
August 30, 2018 16:30-17:45	Seminargebäude: S22	ES contributed	The Econometrics of Forecast Evaluation	3
August 30, 2018 16:30-17:45	Seminargebäude: S16	ES contributed	Nonlinear and Spatial Panel Data Models	3
August 30, 2018 16:30-17:45	Seminargebäude: S23	ES contributed	Instrumental Variables	3
August 30, 2018 16:30-17:45	Philosophikum: S85	ES contributed	Bounded Rationality	3
August 30, 2018 16:30-17:45	Philosophikum: S66	ES contributed	Political Economy: Globalisation	3
August 30, 2018 16:30-17:45	Philosophikum: S69	ES contributed	Capital Controls	3
August 30, 2018 16:30-17:45	Philosophikum: Hörsaal H 80	ES contributed	Behavioural IO	3
August 30, 2018 16:30-17:45	Seminargebäude: S21	ES contributed	Persuasion and Info Design	3
August 30, 2018 16:30-17:45	Philosophikum: S76	ES contributed	Information Economics	3
August 30, 2018 16:30-17:45	Philosophikum: S63	ES contributed	Executive Compensation	2
August 30, 2018 18:00-19:15	Hörsaalgebäude: Hörsaal B	EEA plenary	Models of Consumer Choice in Panels with Applications to Mobile Location Data	1

 

395 sessions, 1344 papers, and 0 presentations with no associated papers

EEA-ESEM Cologne 2018
Detailed List of Sessions

Session: 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
Session type: EEA invited
Is Europe an Optimal Political Union?
presented by: Guido Tabellini, Bocconi University
Session: Credit August 27, 2018 14:15 to 16:00 Philosophikum: S73
Session Chair: Alfredo Martin-Oliver, University Balearic Islands
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: Development: Firms August 27, 2018 14:15 to 16:00 Philosophikum: S54
Session Chair: Shuo YAN, South University of Science&Technology
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: Econometrics I August 27, 2018 14:15 to 16:00 Philosophikum: S83
Session Chair: Barbara Sadaba, Bank of Canada
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: Econometrics II August 27, 2018 14:15 to 16:00 Philosophikum: S55
Session Chair: G. Charles-Cadogan, University of Leicester, School of Busi
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: Empirical Economic Geography August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa
Session Chair: Marcel Henkel, University Duisburg-Essen
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: Evaluating Political Institutions August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa
Session Chair: Enrique Burbano Valencia, Universidad de San Buenaventura - Cali
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
[slides]
presented by: Enrique Burbano Valencia, Universidad de San Buenaventura - Cali
Session: Exchange Rate Puzzles and Behavioural Explanations August 27, 2018 14:15 to 16:00 Seminargebäude: S12
Session Chair: Ralph Verhoeks, Erasmus University Rotterdam
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: Experimental Labour Economics and Contracts August 27, 2018 14:15 to 16:00 Philosophikum: S82
Session Chair: Felix Peterhammer, University of Regensburg
Session type: EEA contributed
Leveraging wage subsidies to facilitate fair wages and increase social welfare
[slides]
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
[slides]
presented by: Felix Peterhammer, University of Regensburg
Session: Gender Biases in Politics August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb
Session Chair: Gozde Corekcioglu, European University Institute
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
[slides]
presented by: Gozde Corekcioglu, European University Institute
Session: Global Financial Markets August 27, 2018 14:15 to 16:00 Philosophikum: S65
Session Chair: Hugues Langlois, HEC Paris
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: Housing and the Macroeconomy August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D
Session Chair: Tom Schmitz, Bocconi University
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: Inflation August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G
Session Chair: Jonas Dovern, Heidelberg University
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: Information August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII
Session Chair: Steffen Ahrens, Technische Universität Berlin
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: Integration of Immigrants and Ethnic Discrimination August 27, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb
Session Chair: Susana Iranzo, Universitat Rovira Virgili
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?
[slides]
presented by: Susana Iranzo, Universitat Rovira Virgili
Session: Labour Economics: Demography and Gender I August 27, 2018 14:15 to 16:00 Seminargebäude: S15
Session Chair: Michael Burda, Humboldt University Berlin
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: Labour Supply August 27, 2018 14:15 to 16:00 Seminargebäude: S13
Session Chair: Arnaldur Stefansson, Uppsala University
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: Long Run Growth August 27, 2018 14:15 to 16:00 Seminargebäude: S24
Session Chair: Bruno Pellegrino, UCLA
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: Macroprudencial Policy and Portfolio Balancing August 27, 2018 14:15 to 16:00 Seminargebäude: S14
Session Chair: Katharina Bergant, Trinity College Dublin
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: Monetary Policy and Banks August 27, 2018 14:15 to 16:00 Philosophikum: S92
Session Chair: MIguel Boucinha, European Central Bank
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: Optimal Taxation August 27, 2018 14:15 to 16:00 Philosophikum: S67
Session Chair: Kjetil Storesletten, University of Oslo
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: Productivity August 27, 2018 14:15 to 16:00 Seminargebäude: S11
Session Chair: Marijn Verschelde, IESEG School of Management, LEM
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
[slides]
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: Incentives in Education August 27, 2018 14:15 to 16:00 Seminargebäude: S23
Session Chair: Michela Carlana, Harvard Kennedy School
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: Labour Market Mobility August 27, 2018 14:15 to 16:00 Seminargebäude: S25
Session Chair: Peter Huber, Austrian Institute for Economic Research (WIFO)
Session type: ES contributed
Talent Rewards, Talent Uncertainty, and Career Tracks
[slides]
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: Growth, Innovation and Firm Dynamics August 27, 2018 14:15 to 16:00 Seminargebäude: S01
Session Chair: Arvid Raknerud, Statistics Norway
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
[slides]
presented by: Adam Spencer, University of Wisconsin -- Madison
Productivity growth, firm turnover and new varieties
presented by: Arvid Raknerud, Statistics Norway
Session: Investment, Production and Cycles August 27, 2018 14:15 to 16:00 Seminargebäude: S16
Session Chair: Luis Rojas, Universitat Autonoma de Barcelona
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: Monetary Economics and Price Rigidities August 27, 2018 14:15 to 16:00 Seminargebäude: S21
Session Chair: Mikael Carlsson, Uppsala University
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: Developments in Financial Econometrics August 27, 2018 14:15 to 16:00 Seminargebäude: S26
Session Chair: Dieter Wang, Vrije Universiteit Amsterdam
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: Nonparametric and Semiparametric Methods I August 27, 2018 14:15 to 16:00 Seminargebäude: S22
Session Chair: Christoph Rothe, University of Mannheim
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: 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
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: 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
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: Matching Markets August 27, 2018 14:15 to 16:00 Philosophikum: S78
Session Chair: Bettina Klaus, University of Lausanne
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: Behavioural Game Theory and Experiments August 27, 2018 14:15 to 16:00 Philosophikum: S66
Session Chair: ciril bosch-rosa, Technical University Berlin
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: Household Finance and Option Grants August 27, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80
Session Chair: Elisabeth Megally, SFI and UZH
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
[slides]
presented by: Elisabeth Megally, SFI and UZH
Session: Political Economy: Fiscal Policy August 27, 2018 14:15 to 16:00 Philosophikum: S69
Session Chair: Paolo Roberti, University of Bergamo
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: Sorting, Matching and Frictions in Trade August 27, 2018 14:15 to 16:00 Philosophikum: S76
Session Chair: Pascal Mossay, Newcastle University
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: Pricing Strategies August 27, 2018 14:15 to 16:00 Philosophikum: S63
Session Chair: Jurre Thiel, Vrije Universiteit Amsterdam
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
[slides]
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: Cheap talk, Information and Learning August 27, 2018 14:15 to 16:00 Philosophikum: S57
Session Chair: Tsz-Ning Wong, Aalto University
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: Mechanism Design I August 27, 2018 14:15 to 16:00 Philosophikum: S58
Session Chair: Alexander Heczko, RWTH Aachen University
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: Repeated Games and Cooperation August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal F
Session Chair: Lina Andersson, University of Gothenburg
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: Learning August 27, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E
Session Chair: Drew Fudenberg, Massachusetts Institute of Technology
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: Applied Macroeconometrics August 27, 2018 16:30 to 17:45 Seminargebäude: S14
Session Chair: Reinhard Ellwanger, Bank of Canada
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: Asset Pricing I August 27, 2018 16:30 to 17:45 Philosophikum: S55
Session Chair: Jantje Sönksen, University of Tübingen
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: Contract Theory: Dynamics August 27, 2018 16:30 to 17:45 Philosophikum: S83
Session Chair: Anja Schöttner, Humboldt-Universität zu Berlin
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: Development: Rural Issues August 27, 2018 16:30 to 17:45 Philosophikum: S92
Session Chair: Gunther Bensch, RWI
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: Enlarging the Policy Space August 27, 2018 16:30 to 17:45 Philosophikum: S73
Session Chair: Katinka Holtsmark, University of Oslo
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: Firm Competition and Export Dynamics August 27, 2018 16:30 to 17:45 Seminargebäude: S11
Session Chair: Jun-Hyung Ko, Aoyama Gakuin University
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: Firms and Credit August 27, 2018 16:30 to 17:45 Philosophikum: S54
Session Chair: Alfred Lehar, University of Calgary
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: Fiscal Policy I August 27, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal D
Session Chair: Anasuya Raj, Ecole Polytechnique
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: Growth and Labour Supply August 27, 2018 16:30 to 17:45 Seminargebäude: S24
Session Chair: Torben Klarl, Bremen University
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?
[slides]
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: Health August 27, 2018 16:30 to 17:45 Philosophikum: S65
Session Chair: Daniel Kaliski, University of Oxford
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: Individual and Household Behaviour August 27, 2018 16:30 to 17:45 Philosophikum: S82
Session Chair: Mette Ejrnaes, University of Copenhagen
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: 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
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: Macroeconomic Effects of Financial Frictions I August 27, 2018 16:30 to 17:45 Seminargebäude: S12
Session Chair: Thomas Drechsel, LSE
Session type: EEA contributed
Credit Crunches, Asset Prices and Technological Change
[slides]
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
[slides]
presented by: Thomas Drechsel, LSE
Session: Migration and Human Capital August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII
Session Chair: Mongoljin Batsaikhan, Georgetown University
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: Monetary Policy and Communication I August 27, 2018 16:30 to 17:45 Seminargebäude: S01
Session Chair: Elmar Mertens, Deutsche Bundesbank
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: New Approaches to Business Cycles August 27, 2018 16:30 to 17:45 Seminargebäude: S15
Session Chair: Aspasia Bizopoulou, University of Edinburgh
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: Optimal Earnings Taxation August 27, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G
Session Chair: Tuomas Kosonen, Labour Institute for Economic Research
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: Political Institutions I August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb
Session Chair: Nicholas Ziros, University of Cyprus
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: Product and Labour Market Dynamics August 27, 2018 16:30 to 17:45 Seminargebäude: S13
Session Chair: Britta Gehrke, Friedrich-Alexander Universität Erlangen-Nürnberg
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: Terror and Crime August 27, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa
Session Chair: Cesar Alonso-Borrego, Universidad Carlos III
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: Social Mobility, Language and Peer Effects August 27, 2018 16:30 to 17:45 Philosophikum: S85
Session Chair: Zhongjian Lin, Emory University
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: 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
Session type: ES contributed
Identification of Random Resource Shares in Collective Households Without Preference Similarity Restrictions
presented by: Arthur Lewbel, Boston College
Session: Housing Market August 27, 2018 16:30 to 17:45 Philosophikum: S76
Session Chair: Preetesh Kantak, Indiana University, Kelley School of Bus
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: 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
Session type: ES contributed
The Missing Link: Labor Share and Monetary Policy
presented by: Cristiano Cantore, University of Surrey
Session: 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
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: Programme Evaluation August 27, 2018 16:30 to 17:45 Philosophikum: S69
Session Chair: Qin Liao, The University of Hong Kong
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: Identification August 27, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80
Session Chair: Whitney Newey, Massachusetts Institute of Technology
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: Preference Discovery August 27, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum
Session Chair: Fabio Maccheroni, U Bocconi
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: Social Networks August 27, 2018 16:30 to 17:45 Seminargebäude: S21
Session Chair: Gabrielle Demange, Paris School of Economics
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: Search and Matching August 27, 2018 16:30 to 17:45 Philosophikum: S78
Session Chair: Dmitry Lubensky, Indiana University
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
[slides]
presented by: Dmitry Lubensky, Indiana University
Session: Banks and Liquidity Management August 27, 2018 16:30 to 17:45 Philosophikum: S57
Session Chair: Martin Kuncl, Bank of Canada
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: Empirical Asset Pricing August 27, 2018 16:30 to 17:45 Philosophikum: S58
Session Chair: Gustavo Schwenkler, Boston University
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: Theory of Industrial Organisation August 27, 2018 16:30 to 17:45 Seminargebäude: S23
Session Chair: Gyula Seres, Humboldt U, Tilburg U
Session type: ES contributed
Output and Welfare Implications of Oligopolistic Third-Degree Price Discrimination
[slides]
presented by: Takanori Adachi, Nagoya University
Uncertain Commitment Power in a Durable Good Monopoly
presented by: Gyula Seres, Humboldt U, Tilburg U
Session: Public Economics: Healthcare August 27, 2018 16:30 to 17:45 Seminargebäude: S25
Session Chair: Markus Fels, University of Dortmund
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: 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
Session type: ES invited
Session: Poster Session I August 28, 2018 9:00 to 17:45 Hörsaalgebäude, Ground Floor
Session Chair: Kristine Koponen, University of Helsinki
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: Sharing a Government August 28, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal B
Session Chair: Eliana La Ferrara, Bocconi University, Milan
Session type: EEA plenary
Sharing a Government
presented by: Jaume Ventura, CREI, UPF, and Barcelona GSE
Session: 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
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: Housing Markets and the Macroeconomy August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A1
Session Chair: Johannes Stroebel, New York University
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: Production Networks August 28, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal II
Session Chair: Vasco Carvalho, U of Cambridge
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: Understanding Choice August 28, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIII
Session Chair: Massimo Marinacci, U Bocconi
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: 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
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: Organisational Design August 28, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A2
Session Chair: Gabrielle Demange, Paris School of Economics
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: 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
Session type: ES invited
Pledge-and-Review Bargaining
[slides]
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: Behavioural Game Theory August 28, 2018 14:15 to 16:00 Seminargebäude: S01
Session Chair: Marvin Deversi, LMU Munich
Session type: EEA contributed
Pluralistic Ignorance and Social Change: A Model of Conformity to the Perceived Majority
[slides]
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: Corporate Tax Evasion August 28, 2018 14:15 to 16:00 Philosophikum: S65
Session Chair: Dirk Foremny, University of Barcelona / I.E.B.
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: Development: Political Economy August 28, 2018 14:15 to 16:00 Philosophikum: S92
Session Chair: Leonard Kukic, Universidad Carlos III de Madrid
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: Dynamic Incentive Problems August 28, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D
Session Chair: Filippo Massari, University of New South Wales
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: Empirical Finance August 28, 2018 14:15 to 16:00 Seminargebäude: S14
Session Chair: Bjorn Imbierowicz,
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: Empirical IO August 28, 2018 14:15 to 16:00 Philosophikum: S83
Session Chair: Silke Forbes, Tufts University
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: 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
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: Financial Cycles and Global Capital Flows August 28, 2018 14:15 to 16:00 Seminargebäude: S11
Session Chair: Cian Allen, Trinity College Dublin
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: Gender and Politics August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa
Session Chair: Michaela Slotwinski, Universität Basel
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: Global Financial Cycle August 28, 2018 14:15 to 16:00 Seminargebäude: S24
Session Chair: Jin Cao, Norges Bank
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: 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
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: 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
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: Labour Economics: Programme Evaluation August 28, 2018 14:15 to 16:00 Philosophikum: S67
Session Chair: Pietro Garibaldi, University of Torino
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
[slides]
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: Marriage Markets August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb
Session Chair: Michela Carlana, Harvard Kennedy School
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: 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
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
[slides]
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: Networks August 28, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G
Session Chair: Atabek Atayev, University of Vienna
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
[slides]
presented by: Huyen Nguyen, Erasmus University Rotterdam
Information Acquisition and Diffusion in Markets
presented by: Atabek Atayev, University of Vienna
Session: Over the Counter Market August 28, 2018 14:15 to 16:00 Seminargebäude: S12
Session Chair: Senay Agca, George Washington University
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: 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
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: Perspective on Financial Crises August 28, 2018 14:15 to 16:00 Philosophikum: S54
Session Chair: Maximilian Gödl, Universität Graz (KFU)
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
[slides]
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: Public Goods Provision August 28, 2018 14:15 to 16:00 Philosophikum: S82
Session Chair: Gabriel Loumeau, ETH Zurich
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: Volatility and Uncertainty in Open Economies August 28, 2018 14:15 to 16:00 Seminargebäude: S15
Session Chair: Sebastian Schmidt, European Central Bank
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
[slides]
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: Work Related Training and Vocational Education August 28, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa
Session Chair: Juliana Camargo, Getulio Vargas Foundation
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: Family Policies August 28, 2018 14:15 to 16:00 Seminargebäude: S21
Session Chair: Jorge Rodriguez, Universidad de los Andes, Chile
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: Crime, Drugs, Corruption and Gambling August 28, 2018 14:15 to 16:00 Philosophikum: S85
Session Chair: Peter Duersch, University of Mannheim
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
[slides]
presented by: Shyh-Fang Ueng, National Chung-Cheng University
Measuring skill and chance in games
presented by: Peter Duersch, University of Mannheim
Session: Spatial Macroeconomics August 28, 2018 14:15 to 16:00 Philosophikum: S78
Session Chair: Tom Holden, University of Surrey
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: Trade, Innovation and Productivity August 28, 2018 14:15 to 16:00 Seminargebäude: S26
Session Chair: Dimitrije Ruzic, University of Michigan
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: Government and the Macroeconomy I August 28, 2018 14:15 to 16:00 Philosophikum: S69
Session Chair: Romanos Priftis, Bank of Canada
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
[slides]
presented by: Andre Silva, Universidade Nova de Lisboa
Sources of Borrowing and Fiscal Multipliers
presented by: Romanos Priftis, Bank of Canada
Session: 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
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: 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
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: Nonparametric and Semiparameteric Methods II August 28, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum
Session Chair: Lena Janys, Bonn Graduate School of Economics
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: Networks and Information August 28, 2018 14:15 to 16:00 Philosophikum: S76
Session Chair: Youzong Xu, Xi'an Jiaotong-Liverpool University
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: Collective Decision August 28, 2018 14:15 to 16:00 Philosophikum: S63
Session Chair: Meixia Ruderman, New York University
Session type: ES contributed
Coalition Formation and History Dependence
[slides]
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: Asset Pricing Theory August 28, 2018 14:15 to 16:00 Philosophikum: S57
Session Chair: Kai Li, University of Technology Sydney
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: Political Economy: Social Connections August 28, 2018 14:15 to 16:00 Philosophikum: S58
Session Chair: Kirill Pogorelskiy, University of Warwick
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: International Business Cycles and Relative Prices August 28, 2018 14:15 to 16:00 Seminargebäude: S23
Session Chair: Takashi Kano, Hitotsubashi University
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
[slides]
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: Contract Theory I August 28, 2018 14:15 to 16:00 Seminargebäude: S25
Session Chair: Zhengqing Gui, Hong Kong University of Science and Technology
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: Innovation August 28, 2018 14:15 to 16:00 Seminargebäude: S22
Session Chair: Peichun Wang, Wharton School, UPenn
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: Human Capital August 28, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80
Session Chair: Cortnie Shupe, German Institute for Economic Research
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: Bank Regulation I August 28, 2018 16:30 to 17:45 Philosophikum: S83
Session Chair: Sandrine Lecarpentier, Bank of France
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: Capital Flows and Instabilty August 28, 2018 16:30 to 17:45 Seminargebäude: S01
Session Chair: Hyungseok Joo, Wayne State University
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: Development: Credit and Savings I August 28, 2018 16:30 to 17:45 Seminargebäude: S12
Session Chair: Andre Silva, IMF and Cass Business School
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: Economics of Migration August 28, 2018 16:30 to 17:45 Philosophikum: S92
Session Chair: Martin Lange, ZEW Centre for European Economic Research, Mannheim
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: Effects of Retirement Systems August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIb
Session Chair: Jing You, Renmin University of China
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: Financial Factors in Business Cycles I August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa
Session Chair: Thiago Ferreira, Federal Reserve Board
Session type: EEA contributed
Financial and Fiscal Shocks in the Great Recession and Recovery of the Spanish Economy
[slides]
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: Health in Organisations August 28, 2018 16:30 to 17:45 Philosophikum: S82
Session Chair: Julia Witt, University of Manitoba
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: Information Design: Acquisition and Aggregation August 28, 2018 16:30 to 17:45 Seminargebäude: S24
Session Chair: Ole Jann, University of Oxford
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: Institutions August 28, 2018 16:30 to 17:45 Philosophikum: S67
Session Chair: Esteban Méndez-Chacón, Cornell University
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: Intrahousehold Decisions August 28, 2018 16:30 to 17:45 Philosophikum: S65
Session Chair: Mette Gørtz, University of Copenhagen
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: 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
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: Labour Economics: Labour Contracts and Markets II August 28, 2018 16:30 to 17:45 Philosophikum: S54
Session Chair: Eduard Bruell, University of Heidelberg
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: Labour Economics: Workers August 28, 2018 16:30 to 17:45 Philosophikum: S73
Session Chair: Matthias Collischon, FAU Erlangen-Nürnberg
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: Monetary Policy and Communication II August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb
Session Chair: Michael Lamla, ETH Zurich
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: Oligopoly Pricing August 28, 2018 16:30 to 17:45 Seminargebäude: S13
Session Chair: Thuc Huan Ha, CORE - Universite Catholique de Louvain
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: Real Effects of Liquidity August 28, 2018 16:30 to 17:45 Philosophikum: S55
Session Chair: Joris Tielens, KU Leuven
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: Taxation and Public Utilities August 28, 2018 16:30 to 17:45 Seminargebäude: S14
Session Chair: Sebastian Tonke, University of Cologne
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: Taxes and Transfers I August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa
Session Chair: Nawid Siassi, University of Konstanz
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: Topics in Education August 28, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII
Session Chair: Mirjam Reutter, University of Hohenheim
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: Trade Integration August 28, 2018 16:30 to 17:45 Seminargebäude: S11
Session Chair: Ivan Ledezma, Université de Bourgogne
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: Housing August 28, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E
Session Chair: Wenli Li, Research
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: Business Cycles August 28, 2018 16:30 to 17:45 Seminargebäude: S26
Session Chair: Andrey Alexandrov, University of Mannheim
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: Macroeconomics: Labour Markets and Search August 28, 2018 16:30 to 17:45 Seminargebäude: S16
Session Chair: Riccardo Zago, New York University
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: 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
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: Econometric Issues in Factor Models August 28, 2018 16:30 to 17:45 Seminargebäude: S25
Session Chair: Takashi Yamagata, University of York
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: Survey Forecasts and Uncertainty August 28, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80
Session Chair: Elmar Mertens, Deutsche Bundesbank
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: Treatment Effects August 28, 2018 16:30 to 17:45 Seminargebäude: S22
Session Chair: Martin Andresen, Statistics Norway
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: Gender and Development August 28, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum
Session Chair: Danyan Zha, Columbia University
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: Global Imbalances August 28, 2018 16:30 to 17:45 Philosophikum: S58
Session Chair: Ricardo Reyes-Heroles, Federal Reserve Board
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: Experimentation August 28, 2018 16:30 to 17:45 Philosophikum: S57
Session Chair: Gregorio Curello, University of Oxford
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: Funding Shocks August 28, 2018 16:30 to 17:45 Philosophikum: S63
Session Chair: Martin Strieborny, Lund University
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: 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
Session type: ES contributed
Best Friend or Worst Enemy--Dynamics and Multiple Equilibria of Arbitrage, Production and Collateral Constraints
[slides]
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: Empirical Strategies in Demand Estimation August 28, 2018 16:30 to 17:45 Philosophikum: S76
Session Chair: Christian Michel, Universitat Pompeu Fabra
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: Advances in Games and Learning August 28, 2018 16:30 to 17:45 Philosophikum: S69
Session Chair: Ignacio Monzon, Collegio Carlo Alberto
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: Persuasion and Mechanism Design August 28, 2018 16:30 to 17:45 Philosophikum: S66
Session Chair: Andy Zapechelnyuk, University of St Andrews
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: Starting Ventures August 28, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B
Session Chair: Pierre Dubois, University of Toulouse
Session type: plenary
Starting Ventures
presented by: Jeremy Greenwood, University of Pennsylvania
Session: Poster Session II August 29, 2018 9:00 to 17:45 Hörsaalgebäude, Ground Floor
Session Chair: Timo Reinelt, University of Mannheim
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: Asset Pricing II August 29, 2018 9:00 to 10:15 Philosophikum: S54
Session Chair: Moritz Lukas, University of Hamburg
Session type: EEA contributed
The Cross-Section of Risk and Return
[slides]
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: Behavioural Responses to Retirement Pensions August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XVIII
Session Chair: Thomas Middleton, University of Kent
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: 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
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: Development: Credit and Savings II August 29, 2018 9:00 to 10:15 Seminargebäude: S14
Session Chair: Oswaldo Molina, Universidad del Pacifico
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
[slides]
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: Economic and Political Outcomes August 29, 2018 9:00 to 10:15 Philosophikum: S55
Session Chair: Alexander Donges, University of Mannheim
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: Economics of the Firm I August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal VIIb
Session Chair: Victor Hiller, Université Panthéon Assas
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: 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
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: Fundamental Issues in Climate Policy I August 29, 2018 9:00 to 10:15 Seminargebäude: S12
Session Chair: Christian Traeger, University of Oslo, Norway
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: Impacts of Immigration August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XIb
Session Chair: elisabetta pasini, queen mary university of london
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: Information Economics August 29, 2018 9:00 to 10:15 Seminargebäude: S24
Session Chair: Matthew Robertson, University of Strathclyde
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: 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
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: Labour Economics: Policies August 29, 2018 9:00 to 10:15 Philosophikum: S73
Session Chair: Ann Bauer, University of Fribourg
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: Legislative Politics August 29, 2018 9:00 to 10:15 Philosophikum: S83
Session Chair: Jonas Klarin, Uppsala University
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: Macroeconomics of Ownership and Fertility August 29, 2018 9:00 to 10:15 Seminargebäude: S15
Session Chair: Nils Grevenbrock,
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: Macroeconomics: Heterogenous Agents August 29, 2018 9:00 to 10:15 Seminargebäude: S13
Session Chair: Edoardo Palombo, Queen Mary University
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: Macroprudential Policy August 29, 2018 9:00 to 10:15 Philosophikum: S65
Session Chair: Jana Ohls, Deutsche Bundesbank
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: 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
Session type: EEA contributed
MONETARY POLICY AND THE HEALTH OF BANKS
[slides]
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: Student Enrollment August 29, 2018 9:00 to 10:15 Hauptgebäude: Hörsaal XIa
Session Chair: Franziska Hampf, Ifo Institute
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: Tax Evasion August 29, 2018 9:00 to 10:15 Philosophikum: S67
Session Chair: Adrien Bussy, LSE
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: Taxes and Transfers II August 29, 2018 9:00 to 10:15 Seminargebäude: S01
Session Chair: Christopher Krause, Karlsruhe Institute of Technology (KIT)
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: Work and Performance August 29, 2018 9:00 to 10:15 Philosophikum: S92
Session Chair: Jonas Radbruch,
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: Economics of War August 29, 2018 9:00 to 10:15 Philosophikum: S58
Session Chair: Jian Li, University of Luxembourg
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: Immigration, Crime and Public Policies August 29, 2018 9:00 to 10:15 Seminargebäude: S25
Session Chair: Katrien Stevens, University of Sydney
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: Human Capital and Growth August 29, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal E
Session Chair: Joseph Kopecky, University of California, Davis
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: Firm Dynamics and Information August 29, 2018 9:00 to 10:15 Seminargebäude: S22
Session Chair: Marco Bonomo, Insper
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: Identification and Macroeconomic Policy Analysis August 29, 2018 9:00 to 10:15 Seminargebäude: Tagungsraum
Session Chair: Christian Wolf, Princeton University
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: Developments in Time Series August 29, 2018 9:00 to 10:15 Seminargebäude: S16
Session Chair: Otilia Boldea, Tilburg University
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: Factor Models August 29, 2018 9:00 to 10:15 Seminargebäude: S26
Session Chair: Fang Duan, TU Dortmund University
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: Nonstandard Testing Problems August 29, 2018 9:00 to 10:15 Seminargebäude: S23
Session Chair: Frank Kleibergen, University of Amsterdam
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: Knowledge and Beliefs August 29, 2018 9:00 to 10:15 Philosophikum: Hörsaal H 80
Session Chair: Patrick Schmidt, HITS
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: Behavioural Decision Theory August 29, 2018 9:00 to 10:15 Philosophikum: S85
Session Chair: Maria Jose Boccardi, New York University Abu Dhabi
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: Cooperation August 29, 2018 9:00 to 10:15 Philosophikum: S66
Session Chair: Wladislaw Mill, Friedrich-Schiller-Universität Jena
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: Regulations August 29, 2018 9:00 to 10:15 Philosophikum: S69
Session Chair: Kyle Dempsey, The Ohio State University
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: Rare Disasters August 29, 2018 9:00 to 10:15 Philosophikum: S76
Session Chair: Fang Liu, Cornell University
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: Sovereign Risk August 29, 2018 9:00 to 10:15 Philosophikum: S63
Session Chair: Hyungseok Joo, Wayne State University
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: Vertical Relationships August 29, 2018 9:00 to 10:15 Philosophikum: S57
Session Chair: Pilar Alcalde, Universidad de Los Andes, Chile
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: Agricultural Development and Quality of Life August 29, 2018 10:45 to 12:45 Philosophikum: S82
Session Chair: Anca Voia, Toulouse School of Economics
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: Capital Taxation August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal G
Session Chair: Uwe Thuemmel, Erasmus University Rotterdam
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: Children's Health August 29, 2018 10:45 to 12:45 Philosophikum: S73
Session Chair: Florencia Borrescio Higa, Universidad Adolfo Ibanez
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: Cooperation August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal VIIa
Session Chair: Teresa Backhaus, WZB
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: Development: Labour August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIII
Session Chair: Margaryta Klymak, Trinity College Dublin
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: Development: Long Run Growth August 29, 2018 10:45 to 12:45 Philosophikum: S67
Session Chair: Thi Kim Cuong PHAM, BETA, University of Strasbourg
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: Education and Household Outcomes August 29, 2018 10:45 to 12:45 Philosophikum: S92
Session Chair: Simon Oster, Bergische Universität Wuppertal
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
[slides]
presented by: Kerstin Schneider, University of Wuppertal
Session: 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
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: Environmental Policy and Fiscal Policy August 29, 2018 10:45 to 12:45 Philosophikum: S55
Session Chair: Marco Runkel, University of Technology Berlin
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: FDI Knowledge Transfer and Wage Premium August 29, 2018 10:45 to 12:45 Seminargebäude: S12
Session Chair: Lukas Kuld, Trinity College Dublin
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: Finance and Macroeconomics August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal D
Session Chair: Fernando Eguren Martin, Bank of England
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: Growth Fertility and Climate Change August 29, 2018 10:45 to 12:45 Philosophikum: S54
Session Chair: Gregor Semieniuk, SOAS University of London
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: History of Growth and Financial Capacity August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIIb
Session Chair: Dmitry Kuvshinov, University of Bonn
Session type: EEA contributed
The Effects of Banking Competition on Growth and Financial Stability: Evidence from the National Banking Era
[slides]
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: History of State Capacity August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIa
Session Chair: Christian Dippel, University of California, Los Angeles
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: Income Shocks and Consumption August 29, 2018 10:45 to 12:45 Philosophikum: S65
Session Chair: Sam Cosaert, LISER
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
[slides]
presented by: Elena Stepanova, Sant'Anna School of Advanced Studies
Individual welfare analysis for collective households
presented by: Sam Cosaert, LISER
Session: Innovation and Patenting August 29, 2018 10:45 to 12:45 Seminargebäude: S01
Session Chair: Hanna Hottenrott, Technical University of Munich
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: Interest Rate Dynamics August 29, 2018 10:45 to 12:45 Seminargebäude: S14
Session Chair: Federic Holm-Hadulla, European Central Bank
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: Labour Economics: Income Distribution and Inequality August 29, 2018 10:45 to 12:45 Seminargebäude: S15
Session Chair: Christoph Hedtrich, UPF
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
[slides]
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: Macroeconomic Forecasting August 29, 2018 10:45 to 12:45 Seminargebäude: S24
Session Chair: Robert Lieli, Central European University
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: Macroeconomics: Labour Markets August 29, 2018 10:45 to 12:45 Seminargebäude: S11
Session Chair: Jose Luis Luna Alpizar, CERGE-EI
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: Media, Information and Influence August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIb
Session Chair: Carlo Schwarz, University of Warwick
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: Prosocial Behaviour and Image Concerns August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal VIIb
Session Chair: Hugh Sibly, University of Tasmania
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
[slides]
presented by: Hugh Sibly, University of Tasmania
Session: Risk and Beliefs August 29, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XVIIa
Session Chair: Thomas Meissner, Maastricht University
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: Unemployment, Health and Well-Being August 29, 2018 10:45 to 12:45 Seminargebäude: S13
Session Chair: Alexandra Roulet, INSEAD
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: Matching and Unemployment August 29, 2018 10:45 to 12:45 Seminargebäude: S23
Session Chair: Zoe Xie, Federal Reserve Bank of Atlanta
Session type: ES contributed
Pretty Vacant: Using Job Vacancies to Understand Labour Market Mismatch and the Determinants of UK Growth
[slides]
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
[slides]
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: Insurance August 29, 2018 10:45 to 12:45 Seminargebäude: S25
Session Chair: Kai-Uwe Mueller, DIW Berlin
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
[slides]
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: Wealth Inequality August 29, 2018 10:45 to 12:45 Philosophikum: S78
Session Chair: Daniel Carroll, Federal Reserve Bank of Cleveland
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: Bond Default August 29, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal E
Session Chair: Vytautas Valaitis, Duke University
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
[slides]
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: 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
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: GMM and IV Methods August 29, 2018 10:45 to 12:45 Seminargebäude: Tagungsraum
Session Chair: Taisuke Otsu, London School of Economics
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
[slides]
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: Decision Theory August 29, 2018 10:45 to 12:45 Seminargebäude: S22
Session Chair: Hendrik Rommeswinkel, National Taiwan University
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
[slides]
presented by: Rohit Lamba, Pennsylvania State University
Quasi-Separable Preferences
presented by: Hendrik Rommeswinkel, National Taiwan University
Session: Reveled Preferences August 29, 2018 10:45 to 12:45 Seminargebäude: S16
Session Chair: Koji Shirai, Kwansei Gakuin University
Session type: ES contributed
A New Methodology for Eliciting Choice Correspondences
[slides]
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: Biased Beliefs August 29, 2018 10:45 to 12:45 Seminargebäude: S26
Session Chair: Sandro Ambuehl, University of Toronto
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: Empirics of Trade Costs August 29, 2018 10:45 to 12:45 Philosophikum: S85
Session Chair: Hyojung Lee, Singapore Management University
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: Industry Studies August 29, 2018 10:45 to 12:45 Philosophikum: S66
Session Chair: Keaton Miller, University of Oregon
Session type: ES contributed
Quantifying Delay Externalities in Airline Networks
[slides]
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: Mechanism Design II August 29, 2018 10:45 to 12:45 Philosophikum: S69
Session Chair: Daniel Krähmer, University Bonn
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: 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
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: 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
Session type: plenary
Session: Asset Markets August 29, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal D
Session Chair: Olivier Hubert, UNamur
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: Brexit Impact and Attitudes August 29, 2018 14:15 to 16:00 Seminargebäude: S01
Session Chair: Martin Braml, ifo Insitute
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: Business Cycles in Europe August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb
Session Chair: Dennis Bonam, De Nederlandsche Bank
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: Corporate Finance August 29, 2018 14:15 to 16:00 Philosophikum: S54
Session Chair: Davide Malacrino, IMF
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: Development: Health August 29, 2018 14:15 to 16:00 Seminargebäude: S15
Session Chair: Andreas Kammerlander,
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: Empirical Analysis of Job Search August 29, 2018 14:15 to 16:00 Seminargebäude: S14
Session Chair: Alexandra Fedorets, DIW Berlin
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: FinTech, Shadow Banks, New Lending Ways August 29, 2018 14:15 to 16:00 Philosophikum: S73
Session Chair: Benjamin Grosse-Rueschkamp, ESMT
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: Gender Disparities in Labour and Other Markets August 29, 2018 14:15 to 16:00 Philosophikum: S82
Session Chair: Simon Dato, University of Bonn
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: Global Value Chains and Production Networks August 29, 2018 14:15 to 16:00 Seminargebäude: S11
Session Chair: Mirabelle Muuls, Imperial College London
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: Household Credit August 29, 2018 14:15 to 16:00 Philosophikum: S67
Session Chair: Sean Hundtofte, Federal Reserve Bank of New York
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: Inequality Insurance and Redistributions August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIa
Session Chair: Chima Simpson-Bell, European University Institute
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: Information and Prices August 29, 2018 14:15 to 16:00 Seminargebäude: S12
Session Chair: Johannes Dittrich, University of Mannheim
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: Information Design and Trade August 29, 2018 14:15 to 16:00 Philosophikum: S83
Session Chair: Jonas von Wangenheim, Humboldt Universität Berlin
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: Labour Economics: Technology August 29, 2018 14:15 to 16:00 Seminargebäude: S24
Session Chair: Irene Palnau, University of Paderborn
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: Law and Economics August 29, 2018 14:15 to 16:00 Philosophikum: S55
Session Chair: Matteo Sandi, CEP, LSE
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: Macroeconomics: Consumption and Saving August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIb
Session Chair: Anson Ho, Bank of Canada
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
[slides]
presented by: Anson Ho, Bank of Canada
Session: Macroeconomics: Fiscal Policy I August 29, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G
Session Chair: Martin Geiger, University of Innsbruck
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: 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
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: Permit Markets August 29, 2018 14:15 to 16:00 Seminargebäude: S13
Session Chair: Roweno J.R.K. Wan, Tilburg University
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: Social Choice and Mechanism Design August 29, 2018 14:15 to 16:00 Philosophikum: S92
Session Chair: Andrew Mackenzie, Maastricht University
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: The Benefits of Education August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII
Session Chair: Jenifer Ruiz-Valenzuela, London School of Economics
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: Unethical and Destructive Behaviours August 29, 2018 14:15 to 16:00 Philosophikum: S65
Session Chair: Elina Khachatryan, University of Kassel
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: Networks, Externalities, and Development August 29, 2018 14:15 to 16:00 Seminargebäude: S26
Session Chair: Raimundo Undurraga, University of Chile
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: Books, Education and Skills August 29, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum
Session Chair: Michael Böhm, Vancouver School of Economics and Univer
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: Gender and the Labour Market August 29, 2018 14:15 to 16:00 Seminargebäude: S25
Session Chair: Jorge Velilla, University of Zaragoza
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: Economics of Climate Change August 29, 2018 14:15 to 16:00 Seminargebäude: S16
Session Chair: Eugen Kovac, University of Duisburg-Essen
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: Misallocation and Industry Dynamics August 29, 2018 14:15 to 16:00 Seminargebäude: S21
Session Chair: Francesco Manaresi, Bank of Italy
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: 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)
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: 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
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: Monetary Policy August 29, 2018 14:15 to 16:00 Philosophikum: S78
Session Chair: Stephan Luck, Federal Reserve Board
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: New Forecasting Models and Methods August 29, 2018 14:15 to 16:00 Seminargebäude: S22
Session Chair: Rainer Schüssler, University of Rostock
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: Specification Testing August 29, 2018 14:15 to 16:00 Seminargebäude: S23
Session Chair: Junnan HE, Washington University in St. Louis
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: Psychological Games August 29, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal V
Session Chair: Pierpaolo Battigalli, Universita' Bocconi
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: Market Design August 29, 2018 14:15 to 16:00 Philosophikum: S85
Session Chair: David Delacretaz, University of Melbourne
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: General Equilibrium August 29, 2018 14:15 to 16:00 Philosophikum: S66
Session Chair: Andrew McLennan, The University of Queensland
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: Intermediary Asset Pricing and Systemic Risk August 29, 2018 14:15 to 16:00 Philosophikum: S69
Session Chair: Claudio Tebaldi, Universita' Commerciale L. Bocconi
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: Political Economy: Voting August 29, 2018 14:15 to 16:00 Philosophikum: S76
Session Chair: Carlos Sanz, Bank of Spain
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: Exchange Rate Shocks August 29, 2018 14:15 to 16:00 Philosophikum: S63
Session Chair: Nelson Camanho, Católica-Lisbon School of Business and Economics
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: Contract Theory II August 29, 2018 14:15 to 16:00 Philosophikum: S57
Session Chair: Martin Dumav, Universidad Carlos III de Madrid
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: Principal Agent models August 29, 2018 14:15 to 16:00 Philosophikum: S58
Session Chair: Marco Pagnozzi, Universita' di Napoli Federico II
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: Aspects of Health Insurance August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa
Session Chair: Markku Siikanen, Aalto U
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: Bureaucracies: Theory and Evidence August 29, 2018 16:30 to 17:45 Seminargebäude: S15
Session Chair: Sebastian Blesse,
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
[slides]
presented by: Shaheen Naseer, Erasmus University Rotterdam
Do administrative border reforms contribute to economic development? Evidence from Africa
presented by: Sebastian Blesse,
Session: 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
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: Capital Flows and Financial Integration August 29, 2018 16:30 to 17:45 Seminargebäude: S12
Session Chair: Dominik Menno, Aarhus University
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: Development: Other August 29, 2018 16:30 to 17:45 Philosophikum: S83
Session Chair: Fernanda Martinez Flores, RWI-Essen
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: Economics of the Firm II August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa
Session Chair: Dainis Zegners, University of Cologne
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
[slides]
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: Financial Regulation I August 29, 2018 16:30 to 17:45 Philosophikum: S82
Session Chair: Volker Britz, ETH Zurich
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: Firms and Human Capital August 29, 2018 16:30 to 17:45 Philosophikum: S73
Session Chair: Luofu Ye, London Business School
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: Fundamental Issues in Climate Policy II August 29, 2018 16:30 to 17:45 Philosophikum: S65
Session Chair: Martin Hänsel, Kiel University
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: Household Savings with Heterogeneous Agents August 29, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G
Session Chair: Ivo Bakota, CERGE-EI, Czech Republic
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: Immigration and Its Political Effects August 29, 2018 16:30 to 17:45 Seminargebäude: S13
Session Chair: Yvonne Giesing, University of Munich
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: Investor Behaviour and the Stock Market II August 29, 2018 16:30 to 17:45 Philosophikum: S54
Session Chair: Thomas Jansson, Sveriges riksbank
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: 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
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: Local Labour Markets August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb
Session Chair: Difei Ouyang, University of Geneva
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: Macroeconomic Effects of Financial Frictions II August 29, 2018 16:30 to 17:45 Seminargebäude: S01
Session Chair: Johannes Poeschl, Danmarks Nationalbank
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: Monetary Policy at the Lower Bound II August 29, 2018 16:30 to 17:45 Seminargebäude: S24
Session Chair: Michael Kühl, Deutsche Bundesbank
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: Macroeconomics: Optimal Taxation August 29, 2018 16:30 to 17:45 Seminargebäude: S11
Session Chair: Ctirad Slavik, Charles University, Prague
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: Search Rigidities and the Macroeconomy August 29, 2018 16:30 to 17:45 Philosophikum: S92
Session Chair: Richard Audoly, UCL
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: Tax Policy August 29, 2018 16:30 to 17:45 Philosophikum: S67
Session Chair: Daniel Stöhlker, ifo Institute
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: Uncertainty and the Business Cycle August 29, 2018 16:30 to 17:45 Seminargebäude: S14
Session Chair: Andreas Freitag, University of Basel
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: Urban Public Economics August 29, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII
Session Chair: Marcelo dos Santos, Insper
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: Health Economics August 29, 2018 16:30 to 17:45 Seminargebäude: S23
Session Chair: Yan Meng, Monash University
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: 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
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: Labour Markets August 29, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E
Session Chair: Andreas Gulyas, University of Mannheim
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: Firm Dynamics August 29, 2018 16:30 to 17:45 Seminargebäude: S22
Session Chair: Alex Clymo, University of Essex
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: Government and the Macroeconomy II August 29, 2018 16:30 to 17:45 Seminargebäude: Tagungsraum
Session Chair: Jonathan Wolff, Miami University
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: Bayesian Methods in Finance August 29, 2018 16:30 to 17:45 Seminargebäude: S25
Session Chair: Pawel Szerszen, Federal Reserve Board of Governors
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: Model Averaging and Mixture Models August 29, 2018 16:30 to 17:45 Seminargebäude: S16
Session Chair: Jen-Che Liao, Academia Sinica
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: The Econometrics of Networks August 29, 2018 16:30 to 17:45 Seminargebäude: S26
Session Chair: Marco van der Leij, University of Amsterdam
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: Rational Inattention August 29, 2018 16:30 to 17:45 Philosophikum: S85
Session Chair: Chad Fulton, Federal Reserve Board
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: Cooperative and non-Cooperative Games August 29, 2018 16:30 to 17:45 Philosophikum: S66
Session Chair: Dominik Karos, Maastricht University
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: Frictions in Finance August 29, 2018 16:30 to 17:45 Philosophikum: S69
Session Chair: Daniel Metzger, Stockholm School of Economics
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: Behavioural Asset Pricing August 29, 2018 16:30 to 17:45 Philosophikum: S76
Session Chair: Luiz Felix, VU University
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: 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
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: IO and Productivity August 29, 2018 16:30 to 17:45 Philosophikum: S57
Session Chair: Andreas Menzel, CERGE-EI
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: Incentives and Competition August 29, 2018 16:30 to 17:45 Philosophikum: S58
Session Chair: Philipp Denter, Universidad Carlos III de Madrid
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: Aspirations, Social Norms and Development August 29, 2018 18:00 to 19:15 Hörsaalgebäude: Hörsaal B
Session Chair: Orazio Attanasio, University College London
Session type: EEA plenary
Aspirations, Social Norms and Development
presented by: Eliana La Ferrara, Bocconi University, Milan
Session: Transparent Structural Estimation August 30, 2018 9:00 to 10:15 Hörsaalgebäude: Hörsaal B
Session Chair: Whitney Newey, Massachusetts Institute of Technology
Session type: ES invited
Session: Behavioural Macroeconomics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A1
Session Chair: Mirko Wiederholt, Goethe University Frankfurt
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: Culture and Economics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal C
Session Chair: Armin Falk, University of Bonn and briq
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: Inequality and Tax Policy August 30, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal II
Session Chair: Etienne Lehmann, Université Panthéon-Assas Paris II
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: The Economics of Management August 30, 2018 10:45 to 12:45 Hauptgebäude: Hörsaal XIII
Session Chair: Maria Guadalupe, INSEAD
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: Macroeconomics of Inequality August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal B
Session Chair: Michele Tertilt, University of Mannheim
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: Family Economics August 30, 2018 10:45 to 12:45 Hörsaalgebäude: Hörsaal A2
Session Chair: Orazio Attanasio, University College London
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: 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
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: 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
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: Corruption and Politics August 30, 2018 14:15 to 16:00 Philosophikum: S54
Session Chair: Vítězslav Titl, KU Leuven
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: Credit and the Macroeconomy August 30, 2018 14:15 to 16:00 Philosophikum: S92
Session Chair: Florian Exler, University of Vienna
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: Development: Education August 30, 2018 14:15 to 16:00 Seminargebäude: S14
Session Chair: Jorge Garcia Hombrados, London School of Economics
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: 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
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: Evidence on Credit Markets August 30, 2018 14:15 to 16:00 Seminargebäude: S15
Session Chair: Federico Signoretti, Bank of Italy
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
[slides]
presented by: Federico Signoretti, Bank of Italy
Session: Exchange Rates August 30, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal G
Session Chair: Jan Mellert, TU Dortmund
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: Family Policies and Labour Supply August 30, 2018 14:15 to 16:00 Philosophikum: S65
Session Chair: Amairisa Kouki, Royal Holloway University of London
Session type: EEA contributed
Life-cycle Cost of Overconfidence: Evidence from Maternity Leave Reforms
[slides]
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: Finance, Housing and Retirement August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XVIII
Session Chair: Christoph Merkle, Kuehne Logistics University – KLU
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: Gender and Ethnicity August 30, 2018 14:15 to 16:00 Philosophikum: S73
Session Chair: Binnur Balkan, SSE
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: 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
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: International Migration August 30, 2018 14:15 to 16:00 Philosophikum: S82
Session Chair: Arthur Silve, Université Laval
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: 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
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: Macroeconomics: Fiscal Policy II August 30, 2018 14:15 to 16:00 Seminargebäude: S11
Session Chair: Oliwia Komada, Warsaw School of Economics, GRAPE|FAME
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
[slides]
presented by: Oliwia Komada, Warsaw School of Economics, GRAPE|FAME
Session: Media and Platforms August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal VIIb
Session Chair: Lawrence M. Ausubel, University of Maryland
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: Monetary Policy Design August 30, 2018 14:15 to 16:00 Seminargebäude: S01
Session Chair: Petre Caraiani, Romanian Academy
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: Monetary Policy: Empirics August 30, 2018 14:15 to 16:00 Seminargebäude: S24
Session Chair: Fergus Cumming,
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: Political Economy of Public Policies August 30, 2018 14:15 to 16:00 Philosophikum: S67
Session Chair: Sümeyra Atmaca, Ghent University
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: Student Achievement in School and College August 30, 2018 14:15 to 16:00 Philosophikum: S55
Session Chair: Cristina Bellés Obrero, University of Mannheim
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: Systemic Risk August 30, 2018 14:15 to 16:00 Hauptgebäude: Hörsaal XIa
Session Chair: Sebastian Doerr, University of Zurich
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: Taxation and Housing with Heterogeneous Agents August 30, 2018 14:15 to 16:00 Seminargebäude: S13
Session Chair: Jochen Mankart, Deutsche Bundesbank
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: Unemployment and Labour Market Policies August 30, 2018 14:15 to 16:00 Philosophikum: S83
Session Chair: Reamonn Lydon, Central Bank of Ireland
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
[slides]
presented by: Reamonn Lydon, Central Bank of Ireland
Session: Firms, Hours Worked and Labour Demand August 30, 2018 14:15 to 16:00 Seminargebäude: S23
Session Chair: Claudio Labanca, Monash University
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: 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
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: Energy, Oil and Environmental Economics August 30, 2018 14:15 to 16:00 Seminargebäude: S26
Session Chair: Dimitri Szerman, PUC-Rio/CPI
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: Productivity Growth August 30, 2018 14:15 to 16:00 Seminargebäude: Tagungsraum
Session Chair: Michio Suzuki, Hitotsubashi University
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: Communication and Monetary Policy August 30, 2018 14:15 to 16:00 Philosophikum: S85
Session Chair: Donghai Zhang, University of Bonn
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: Survey Forecasts and their Macroeconomic Implications August 30, 2018 14:15 to 16:00 Seminargebäude: S16
Session Chair: Johannes Wohlfart, Goethe University Frankfurt
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: Predicting Stock Returns and Volatility August 30, 2018 14:15 to 16:00 Hörsaalgebäude: Hörsaal E
Session Chair: Matthias Fengler, University of St. Gallen
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: Financial Econometrics: Modelling Tail Behaviour August 30, 2018 14:15 to 16:00 Seminargebäude: S22
Session Chair: Mamiko Yamashita, Toulouse School of Economics
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: Networks and Spatial Dependence August 30, 2018 14:15 to 16:00 Seminargebäude: S25
Session Chair: Andros Kourtellos, University of Cyprus
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: Global Games August 30, 2018 14:15 to 16:00 Philosophikum: S66
Session Chair: Sarita Bunsupha, Harvard University
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: Networks: Interactions and Policy August 30, 2018 14:15 to 16:00 Philosophikum: Hörsaal H 80
Session Chair: Nizar Allouch, University of Kent
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: Trust, Corruption and Shadow Banking August 30, 2018 14:15 to 16:00 Philosophikum: S69
Session Chair: Vesa Pursiainen, The University of Hong Kong
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: 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
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
[slides]
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: Public Economics: Taxes and Transfers August 30, 2018 14:15 to 16:00 Philosophikum: S63
Session Chair: Axelle Ferriere, European University Institute
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
[slides]
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: Mechanism Design and Auctions August 30, 2018 14:15 to 16:00 Philosophikum: S57
Session Chair: Leslie Marx, Duke University
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: Mechanism Design III August 30, 2018 14:15 to 16:00 Philosophikum: S58
Session Chair: Jan Knoepfle, Bonn University
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: Auctions August 30, 2018 14:15 to 16:00 Philosophikum: S78
Session Chair: Vitali Gretschko, ZEW; University of Mannheim
Session type: ES contributed
Sequential Search Auctions with a Deadline
[slides]
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: Bank Regulation II August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XVIII
Session Chair: Nicola Garbarino, Bank of England
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: Behavioural IO Theory August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal D
Session Chair: Ioana Chioveanu, Brunel University
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: Bounded Rationality and Model Uncertainty August 30, 2018 16:30 to 17:45 Seminargebäude: S24
Session Chair: Anna Orlik, Federal Reserve Board of Governors
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: Economic and Political Institutions August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIb
Session Chair: Jesse Wursten, KU Leuven
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: Financial Regulation II August 30, 2018 16:30 to 17:45 Philosophikum: S92
Session Chair: Swarnava Biswas, University of Bristol
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: Fiscal Policy II August 30, 2018 16:30 to 17:45 Seminargebäude: S15
Session Chair: Grace Li, International Monetary Fund
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: Health Information and Health Outcomes August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal VIIa
Session Chair: Benjamin Serena, University of Copenhagen
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: Housing Markets August 30, 2018 16:30 to 17:45 Philosophikum: S67
Session Chair: Benedikt Vogt, CPB - Netherlands Bureau for Economic Policy Analysis
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: Income Shocks and Consumption Smoothing August 30, 2018 16:30 to 17:45 Philosophikum: S73
Session Chair: Robert Kirkby, Victoria University of Wellington
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: Inequality August 30, 2018 16:30 to 17:45 Philosophikum: S65
Session Chair: Dirk Engelmann, Humboldt University Berlin
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: Labor Economics: Wages II August 30, 2018 16:30 to 17:45 Seminargebäude: S14
Session Chair: Michael Böhm, Vancouver School of Economics and Univer
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: Monetary Policy and Inequality August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal G
Session Chair: David Finck, Justus-Liebig University Giessen
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: Monetary Policy and the Labour Market August 30, 2018 16:30 to 17:45 Seminargebäude: S11
Session Chair: Martin Seneca, Bank of England
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: Monetary Policy at the Lower Bound III August 30, 2018 16:30 to 17:45 Seminargebäude: S01
Session Chair: John Keating, University of Kansas
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: 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
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: Political Economy of Environment August 30, 2018 16:30 to 17:45 Philosophikum: S83
Session Chair: Reyer Gerlagh, Tilburg University
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: Political Institutions II August 30, 2018 16:30 to 17:45 Hauptgebäude: Hörsaal XIa
Session Chair: Stephan Lauermann, University of Bonn, Department of Econom
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: Retail Finance and Household Behaviour August 30, 2018 16:30 to 17:45 Philosophikum: S55
Session Chair: Anna Petronevich, Banque de France
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
[slides]
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: Technological Change and Employment August 30, 2018 16:30 to 17:45 Seminargebäude: S13
Session Chair: Emilie Rademakers, KU Leuven
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: 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
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: Urban Economics and Public Policies August 30, 2018 16:30 to 17:45 Seminargebäude: S12
Session Chair: Stephan Heblich, University of Bristol
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: 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
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: Subjective Expectations August 30, 2018 16:30 to 17:45 Philosophikum: S78
Session Chair: Joachim Winter, University of Munich
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: Trends in Female Labour Supply August 30, 2018 16:30 to 17:45 Hörsaalgebäude: Hörsaal E
Session Chair: Rune Lesner, Aarhus University
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: Capital Markets August 30, 2018 16:30 to 17:45 Seminargebäude: S26
Session Chair: Selahattin Imrohoroglu, University of Southern California
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: Uncertainty and Business Cycles August 30, 2018 16:30 to 17:45 Seminargebäude: S25
Session Chair: Indrajit Mitra, University of Michigan
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: The Econometrics of Forecast Evaluation August 30, 2018 16:30 to 17:45 Seminargebäude: S22
Session Chair: Ching-Wai (Jeremy) Chiu, Bank of England
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: 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
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: Instrumental Variables August 30, 2018 16:30 to 17:45 Seminargebäude: S23
Session Chair: Anna Simoni, CNRS UMR9194 - CREST
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: Bounded Rationality August 30, 2018 16:30 to 17:45 Philosophikum: S85
Session Chair: Andreas Hefti, University of Zurich; Zurich University of Applied Sciences
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: Political Economy: Globalisation August 30, 2018 16:30 to 17:45 Philosophikum: S66
Session Chair: Tommaso Sonno, London School of Economics
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: Capital Controls August 30, 2018 16:30 to 17:45 Philosophikum: S69
Session Chair: Markus Sihvonen, Aalto University, School of Business
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: Behavioural IO August 30, 2018 16:30 to 17:45 Philosophikum: Hörsaal H 80
Session Chair: Tobias Klein, Tilburg University
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: Persuasion and Info Design August 30, 2018 16:30 to 17:45 Seminargebäude: S21
Session Chair: Carl Heese, University of Bonn, BGSE
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: Information Economics August 30, 2018 16:30 to 17:45 Philosophikum: S76
Session Chair: Rohit Rahi, London School of Economics
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: Executive Compensation August 30, 2018 16:30 to 17:45 Philosophikum: S63
Session Chair: Dunhong Jin, University of Oxford
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: 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
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