EEA-ESEM Manchester 2019 Manchester, UK http://www.eea-esem-congresses.org ----------------------------------------------------------------------------------------------------------------------------------------- Conference Summary ---------------------------------------------------------------------------------- August 26, 2019 ---------------------------------------------------------------------------------- 10:00 to 19:00 Registration 12:30 to 14:00 The Deaton Review: Inequalities in the 21st Century Challenges for Economics and for Policy 14:15 to 16:00 EEA Contributed Sessions 1 14:15 to 16:00 ES Contributed Sessions 1 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 2 16:30 to 17:45 ES Contributed Sessions 2 18:00 to 19:15 EEA Schumpeter Lecture 20:00 to 22:30 Welcome Reception ---------------------------------------------------------------------------------- August 27, 2019 ---------------------------------------------------------------------------------- 09:00 to 17:45 EEA Poster Session 09:00 to 10:15 EEA Contributed Sessions 3 09:00 to 10:15 ES Contributed Sessions 3 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Invited Sessions 1 10:45 to 12:45 ES Invited Sessions 1 12:45 to 14:15 Lunch 13:00 to 14:00 Communication, Expectations and Monetary Policy (EEA-ECB Session) 13:00 to 14:00 Accounting for the Welfare of Nations: Measuring Productivity and Well-being in the Long Run (organised by the Local Organising Committee) 14:15 to 16:00 EEA Contributed Sessions 4 14:15 to 16:00 ES Contributed Sessions 4 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 5 16:30 to 17:45 ES Contributed Sessions 5 18:00 to 19:15 ES Presidential Address ---------------------------------------------------------------------------------- August 28, 2019 ---------------------------------------------------------------------------------- 09:00 to 10:15 ES Laffont Lecture 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Contributed Sessions 6 10:45 to 12:45 ES Contributed Sessions 6 12:45 to 14:15 Lunch 13:00 to 14:00 The Policy Impacts of Empirical Research 14:15 to 16:00 EEA Contributed Sessions 7 14:15 to 16:00 ES Contributed Sessions 7 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 8 16:30 to 17:45 ES Contributed Sessions 8 18:00 to 19:15 EEA Presidential Address 19:15 to 19:45 EEA Members' Meeting ---------------------------------------------------------------------------------- August 29, 2019 ---------------------------------------------------------------------------------- 09:00 to 10:15 EEA Marshall Lecture 10:15 to 10:45 Coffee Break 10:45 to 12:45 EEA Invited Sessions 2 10:45 to 12:45 ES Invited Sessions 2 12:45 to 14:15 Lunch 14:15 to 16:00 EEA Contributed Sessions 9 14:15 to 16:00 ES Contributed Sessions 9 16:00 to 16:30 Coffee Break 16:30 to 17:45 EEA Contributed Sessions 10 16:30 to 17:45 ES Contributed Sessions 10 18:00 to 19:15 ES Fisher‐Schultz Lecture ---------------------------------------------------------------------------------- August 30, 2019 ---------------------------------------------------------------------------------- 09:00 to 16:00 Data Wrangling for Economists with Stata and the Command Line - Workshop 09:00 to 12:30 Griliches Lectures 09:00 to 10:30 ERC Grant Proposal Writing 09:00 to 10:30 How to Provide and Receive Quality Feedback in Academia: Strategies for Young Economists 10:30 to 11:00 Coffee Break 11:00 to 13:00 Causes and Consequences of Populism: European Focus A Policy Relevant Discussion 11:00 to 13:00 Activating Economics Teaching Program Notes and Index of Sessions The Deaton Review: Inequalities in the 21st Century Challenges for Economics and for Policy from 12:30 to 14:00 Panel Presentations and Open Discussion Chair: James Banks (IFS and Manchester) Speakers: Richard Blundell (IFS and UCL), Inequality, Redistribution and the Labour Market Penny Goldberg (Yale and Chief Economist, World Bank), The Unequal Effects of Globalisation Tim Besley (LSE), Inequality: Some Political Economy Issues Orazio Attanasio (UCL and IFS), Inequality and Human Development: a Two Way Link. The session follows the recent launch of the IFS Deaton Review https://www.ifs.org.uk/inequality/ The panel will discuss recent changes in inequalities and the challenges for economics and for policy. The focus will not be only on earnings and incomes but also other dimensions of inequality, including health, well-being and political voice. We will discuss the drivers of recent changes in labour and commodity markets. The panel will also discuss how inequality can affect political changes and how certain political outcomes can affect inequality. Similarly, we will be discussing how inequality affects and is affected by changes in communities, local environment, families and human development. Organised by ESRC Centre for the Microeconomic Analysis of Public Policy at IFS. EEA Contributed Sessions 1 from 14:15 to 16:00 Access to Health Insurance, University Place - 1.219 Asset Prices and Politics, University Place - 4.211 Automation, AI and Growth, University Place - 3.204 Banks, Debt and Crisis, University Place - 3.213 Behavioural Game Theory and Experiments, University Place - 2.220 Cognitive and Non-Cognitive Skills: Learning, Attainment and Earnings, Kilburn Building - 1.5 Econometric Methods, Jean McFarlane - 2.325 Environmental Policy and Regulation I, Jean McFarlane - 2.327 Experimental Finance, University Place - 2.217 Experimental Labour Economics, University Place - 2.219 Finance and the Real Economy, University Place - 4.213 Gender in the Labour Market, Jean McFarlane - G306 b Housing and Local Labour Markets, University Place - 4.209 Inequality, University Place - 4.205 International Capital Flows, Jean McFarlane - G306 a Monetary Policy Shocks: High Frequency Identification, University Place - 3.209 Monetary Policy Tradeoffs, University Place - 3.211 Protectionism, Kilburn Building - 1.4 Regulation and Information, Simon Building - Theatre D Social Connections in Politics, Williamson Building - Room G.03 Structural Change and Regional Development , Jean McFarlane - 2.329 The Role of Oil and Fiscal Policy in the Business Cycle, Simon Building - Theatre C Trade Policy, Williamson Building - Room G.47 Unemployment and Labour Market Policies, Kilburn Building - 1.3 ES Contributed Sessions 1 from 14:15 to 16:00 Data Uncertainty and Macroeconomic Forecasting, University Place - 3.212 Dynamic Games, University Place - 4.214 Fiscal Policy: Debt and Positive Issues, University Place - 3.205 Information and Mechanism Design, University Place - 4.204 International Financial Markets, Jean McFarlane - 2.324 Labour Markets, Gender and Human Capital , Jean McFarlane - 2.326 Macroeconomics: Growth, University Place - 2.218 Political Economy of Education, University Place - 4.206 Political Polarization, University Place - 1.218 Productivity: Theory and Measurement, University Place - 3.210 Regulation and Market Outcomes, Jean McFarlane - 2.328 Semi/Nonparametric Methods, University Place - 3.214 Taxation and Labour Markets, University Place - 4.212 Volatility Models, University Place - 4.210 EEA Contributed Sessions 2 from 16:30 to 17:45 Bank Risk, University Place - 2.219 Bonds and Commodities, University Place - 2.217 Business Cycles, University Place - 3.204 Contracts and Organizations, Jean McFarlane - 2.325 Demography and Development , University Place - 4.213 Elderly Care, Williamson Building - Room G.47 Global Linkages , University Place - 1.219 Information Transmission in Networks, University Place - 4.209 Media of Information Transmission, University Place - 4.211 Misallocation and Mismatch, University Place - 3.209 Monetary Policy at the Zero Lower Bound, University Place - 3.211 Savings and Income Risks, University Place - 3.213 School and Home Inputs in Learning and Achievement, University Place - 2.220 Tax and Transfers, Williamson Building - Room G.03 Taxes, Regulation and Inequality, University Place - 4.205 Technology Adoption and Green Growth, Jean McFarlane - 2.327 The Economics of Immigration and Outmigration, Jean McFarlane - G306 b ES Contributed Sessions 2 from 16:30 to 17:45 Advances in Estimation Methods, University Place - 3.212 Banking: Empirics, University Place - 2.218 Beliefs and Knowledge, University Place - 4.214 Climate and Environmental Economics I, Jean McFarlane - 2.326 Contract Theory I, University Place - 1.218 General Equilibrium and Mathematical Economics, University Place - 4.204 Household Labour Supply and Retirement , University Place - 4.212 Identification and Estimation of Structural Models I, University Place - 3.205 Learning and Experimentation I, University Place - 4.206 Monetary Policy and Forward Guidance, University Place - 3.214 Macro-Finance I: Real and Financial Shocks, University Place - 3.210 Optimal Fiscal Policies, University Place - 4.210 EEA Schumpeter Lecture from 18:00 to 19:15 Schumpeter Lecture, University Place - Lecture Theatre B EEA Poster Session from 09:00 to 17:45 POSTER SESSION, University Place - The Drum EEA Contributed Sessions 3 from 09:00 to 10:15 Banks and Sovereign Debt, University Place - 4.209 Behavioural Decision Making, University Place - 3.213 Business Cycles and Incomplete Markets, University Place - 2.220 Climate Change - Discounting and Carbon Budgets, Jean McFarlane - 2.325 Financing Entrepreneurs, University Place - 4.205 Firm Dynamics Over The Business Cycle, University Place - 4.213 Gender Wage Differentials, University Place - 1.219 Housing and Mortgages, University Place - 2.217 Inflation Expectations and and Inflation Dynamics, University Place - 2.219 Internalities, Jean McFarlane - G306 b IO in Finance, University Place - 3.211 Local Public Finance I, Williamson Building - Room G.03 Mechanism Design and Implementation, Jean McFarlane - 2.327 Media and Politics: Theory, Williamson Building - Room G.47 Migration, University Place - 4.211 Regulation and Mergers, University Place - 3.209 Search and Matching in Labour Markets, University Place - 3.204 ES Contributed Sessions 3 from 09:00 to 10:15 Banking: Theory, University Place - 3.205 Climate and Environmental Economics II, Jean McFarlane - 2.326 Contributions to Time Series Analysis, University Place - 4.204 Corporate Finance, University Place - 3.210 Efficient Mechanism Design, University Place - 4.210 Info-Metrics for Modelling and Inference, University Place - 4.206 Interest Rate Determinants, University Place - 3.212 Learning and Experimentation II, University Place - 4.212 Macroeconomics: Culture, Social Status and Aspirations and Inequality, University Place - 3.214 Misallocation and Micro-Development , Jean McFarlane - 2.324 Monetary Policy: Long Run Issues, University Place - 4.214 Sovereign Debt and Default, University Place - 2.218 EEA Invited Sessions 1 from 10:45 to 12:45 Aspirations, Skills, and Policies: Women’s Success in the Labour Market, Kilburn Building - 1.1 Heterogeneity in Macroeconomics, Simon Building - Theatre B Capital Income and Taxes, Simon Building - Theatre E Social Interactions in Political Economy, Simon Building - Theatre D ES Invited Sessions 1 from 10:45 to 12:45 Decisions in Markets and Organizations, Simon Building - Theatre A Experimental Economics, Simon Building - Theatre C Micro and Macro Forecasting, University Place - Lecture Theatre A Communication, Expectations and Monetary Policy (EEA-ECB Session) from 13:00 to 14:00 Organiser: European Central Bank Chair: Marcel Fratzscher (DIW) Speakers: Luis de Guindos (ECB), Silvana Tenreyro (LSE and external member of the Bank of England’s MPC) and Ricardo Reis (LSE) Communication can help make central banks transparent and thereby contribute to their accountability and to the management of expectations of economic agents. While these roles are generally important, they have become even more relevant in recent times, when central banks needed to explain the rationale and the workings of new policy tools, and when central banks used forward guidance, a tool that relies entirely on communication. This plenary panel session will bring together distinguished policy-makers and academics to discuss issues such as the role of central bank communication in shaping agents' expectations, the effectiveness of forward guidance, and the future of monetary policy communication. Accounting for the Welfare of Nations: Measuring Productivity and Well-being in the Long Run (organised by the Local Organising Committee) from 13:00 to 14:00 Organisers: Local Organising Committee, University of Manchester Speakers: Stephen Broadberry (University of Oxford), Nicholas Crafts (University of Warwick) and Guido Alfani (Bocconi University, Milan) While most economists are aware of the work of Angus Maddison, it was often based on informed conjectures at best. But in the last decade, economic historians have made much progress in measuring economic growth (and inequality) over the centuries. As a consequence, we now have a much clearer picture of the process of economic growth in the long run. This plenary panel session will bring together some of the main protagonists of this recent work. to discuss what we have been learning and where this research program is now moving. EEA Contributed Sessions 4 from 14:15 to 16:00 Banks’ Capital Structure and Regulation, University Place - 3.204 Causes and Consequences of Conflict and Violence, University Place - 2.220 Central Bank Asset Purchases, Kilburn Building - 1.5 Communication and Private Information, Jean McFarlane - 2.327 Corruption and the Rise of Extremism, Simon Building - Theatre D Credit Intermediation and Crises, University Place - 3.209 EIB Session on Investment, University Place - 3.211 Experiments on Morality, Jean McFarlane - G306 b Fiscal Policy, Jean McFarlane - G306 a Gender, Williamson Building - Room G.03 Health Determinants, Williamson Building - Room G.47 International Prices, University Place - 4.205 International Shock Transmission, University Place - 4.209 Macroeconomic and Financial Cycles, Jean McFarlane - 2.323 Minimum Wages and Low Pay, University Place - 3.213 Modelling Monetary Policy, Kilburn Building - 1.3 Monetary Policy and Housing, Kilburn Building - 1.4 Private-Public Sector Interactions, Jean McFarlane - 2.329 Retirement, University Place - 2.217 Returns to School Inputs and Policies, University Place - 2.219 Sovereign Debt, University Place - 4.211 Tax Evasion I, University Place - 4.213 Trading Firms, University Place - 1.219 Valuation, Preferences and Consequences of Pollution, Jean McFarlane - 2.325 ES Contributed Sessions 4 from 14:15 to 16:00 Asset Pricing Econometrics, University Place - 4.210 Communication, University Place - 2.218 Econometrics of Macro Models, University Place - 4.212 Economics of Networks, University Place - 1.218 Empirical Asset Pricing, University Place - 4.214 Gains from Trade with Institutional and Market Frictions, Jean McFarlane - 2.324 High-Dimensional Econometrics, University Place - 4.204 History and Household, Jean McFarlane - 2.326 Housing and Economic Fluctuations, University Place - 3.205 Migration and the Labour Market, University Place - 3.210 Monetary Policy and Asset Markets, University Place - 3.212 Repeated Games of Collusion: Empirical Analysis, University Place - 4.206 Theoretical Political Economy, University Place - 3.214 EEA Contributed Sessions 5 from 16:30 to 17:45 Climate Change - Response to Climate Shocks, Jean McFarlane - 2.327 Economic and Political Effects of Refugees' Inflows, University Place - 3.211 Determinants and Stability of Preferences, University Place - 1.219 Fiscal Multipliers, University Place - 2.217 Global Banks, University Place - 3.204 Human Capital, Mismatch and Unemployment, University Place - 2.220 Incentives and Biases in Corporate Finance, Williamson Building - Room G.03 Incomplete Information and Search, University Place - 3.213 Interaction of Macroprudential Policy with Monetary Policy and Liquidity Regulat..., University Place - 4.205 Intergenerational Mobility, University Place - 4.209 Local Public Finance II, University Place - 4.211 Media and Politics: Evidence, Williamson Building - Room G.47 Phillips Curves, University Place - 2.219 Public Policies and Development , University Place - 4.213 Rulers and Empires in Economic History, Jean McFarlane - G306 b Trading Inputs, University Place - 3.209 ES Contributed Sessions 5 from 16:30 to 17:45 Advances in Microeconometrics, University Place - 4.204 Behavioural Finance, University Place - 4.212 Business Cycles Fluctuations and the Behaviour of Firms, University Place - 3.205 Financial Frictions, Financial Intermediation, and the Macroeocnomy, University Place - 3.210 Games with Incomplete Information, University Place - 3.212 Household, Jean McFarlane - 2.324 Identification and Estimation of Structural Models II, University Place - 4.206 Networks, University Place - 3.214 Political Economy in Historical Perspective, University Place - 2.218 Peer Effects, University Place - 1.218 Quantile Models, University Place - 4.210 Search, Matching and Wage Determination, University Place - 4.214 ES Presidential Address from 18:00 to 19:15 ES Presidential Address, University Place - Lecture Theatre B ES Laffont Lecture from 09:00 to 10:15 Laffont Lecture, University Place - Lecture Theatre B EEA Contributed Sessions 6 from 10:45 to 12:45 Asset Pricing and Risk Premium, University Place - 2.217 Birth Outcomes and Child Health, University Place - 2.219 Consumption and Houeshold Behaviour, University Place - 2.220 Culture, Persistance and Development, Jean McFarlane - 2.325 Education, Science and Technology in Economic History, Simon Building - Theatre D Electoral Systems, Kilburn Building - 1.3 Employment Contracts, University Place - 3.204 Environmental Policy and Regulation II, Jean McFarlane - 2.329 Exchange Rates and International Spillovers, University Place - 3.209 Foreign Direct Investment, University Place - 3.211 Groups, Leadership and Gender, University Place - 1.219 Healthcare and Health, University Place - 3.213 Information in Markets, University Place - 4.205 Knowledge, Innovation, and R&D, University Place - 4.209 Labour Market Policy, Kilburn Building - 1.4 Law and Economics of Sanctions and Crime, University Place - 4.211 Monetary Policy Transmission, Williamson Building - Room G.03 New Approaches to Business Cycles, University Place - 4.213 Risk, Aspirations and Behaviour , Jean McFarlane - 2.327 Skill Demand, Jean McFarlane - 2.328 Wages, Williamson Building - Room G.47 What Works in Schools and Beyond?, Kilburn Building - 1.5 ES Contributed Sessions 6 from 10:45 to 12:45 Aggregate Dynamics of Frictional Labour Markets , University Place - 4.204 Choice and Preferences, University Place - 2.218 Collective Decision Making, University Place - 1.218 Health, Jean McFarlane - 2.324 Heterogeneous Agents and Inequality, University Place - 4.206 Hypothesis Testing, University Place - 3.205 Industrial Organisation: Empirical Structural Models, University Place - 3.214 Macroeconomics: Consumption and Saving, University Place - 4.210 Macroeconomics: Government Policies, Income Distribution and Inequality, University Place - 4.212 Monetary Policy and Financial Markets, University Place - 4.214 Panel Data, University Place - 3.210 Partial Identification, University Place - 3.212 Rural/Urban/Industrial Development, Jean McFarlane - 2.326 The Policy Impacts of Empirical Research from 13:00 to 14:00 Organiser: EEA Standing Committee on Research (member Andrea Weber) How influential is empirical research in economics for policy decisions in Europe? The impressive rise in empirical research in economics is not equally reflected in a more vivid exchange between policy makers and academic researchers. This is unfortunate as a large body of research based on rigorous identification strategies and rich administrative data from national registers provides an important input for evidence based policy making. To motivate the exchange, the EEA Standing Committee of Research starts collecting examples of empirical research that have an impact on public policy. To initiate the collection, this lunch session invites leading researchers who report about experiences in the areas of migration, education, and tax policy. Speakers and Presentations: Ghazala Azmat Funding Higher Education, Christian Dustmann, Migration, Politics, and the Media and Claus Thustrup Kreiner, Economics of Taxation: From Research to Policy EEA Contributed Sessions 7 from 14:15 to 16:00 Altruism and Norms, Jean McFarlane - 2.327 Boundedly Rational Investors and Asset Prices , University Place - 2.217 Collusion, University Place - 1.219 EAERE Session on Environmental Economics, Simon Building - Theatre D Education, Williamson Building - Room G.03 Evaluation of Labour Market Policies, University Place - 2.219 Fertility and Children, University Place - 3.204 Financial Frictions and Business Cycles, University Place - 3.209 Forecasting Macro and Financial Variables, Jean McFarlane - 2.325 Gender Differentials in Education and the Labour Market, University Place - 3.211 Interactions, Jean McFarlane - 2.328 International Finance, University Place - 3.213 International Production, University Place - 4.205 Job Search, Williamson Building - Room G.47 Labour Supply, University Place - 4.209 Learning, Beliefs and Overconfidence, University Place - 4.213 Misallocation, Kilburn Building - 1.3 Optimal Monetary Policy, University Place - 4.211 Political Economy of Development , Jean McFarlane - 2.329 Politics and Fiscal Policies, University Place - 2.220 Public Procurement in Developing Countries, Simon Building - Theatre A Relationship Lending and Access to Credit, Kilburn Building - 1.4 Retirement and Pensions I, Simon Building - Theatre C Stress Testing, Kilburn Building - 1.5 Trade, Variety, and Inequality, Jean McFarlane - 2.323 ES Contributed Sessions 7 from 14:15 to 16:00 Computational Problems and Machine Learning, University Place - 4.206 Education and Training: Policy Evaluation, Jean McFarlane - 2.326 Empirical Political Economy, University Place - 1.218 Financial Systems and Regulation, University Place - 2.218 Fiscal Policy: Empirical Evidence on Multipliers, University Place - 3.214 Forecasting Financial Econometrics, University Place - 4.204 Identification of VAR Models, University Place - 4.212 Inference in Predictive Regressions and Factor Models, University Place - 4.214 Labour Markets Flows and Outcomes, University Place - 3.212 Matching, University Place - 3.205 Optimal Mechanisms, University Place - 3.210 Trade Policy and Trade Effects with Global Value Chains, Jean McFarlane - 2.324 Treatment Effects, University Place - 4.210 EEA Contributed Sessions 8 from 16:30 to 17:45 Banks and the Central Bank, University Place - 1.219 Bounded Rationality and Learning, Jean McFarlane - 2.324 Consumption and Expectations, University Place - 2.217 Economics of Philanthropy: Experiments, University Place - 4.211 Environmental Policy and Regulation - Energy and Waste, Jean McFarlane - 2.327 Exchange Rates and Finance, University Place - 3.211 Fiscal Policy and Firm Dynamics, University Place - 2.220 Global Inequality, University Place - 4.209 Ideology and Cooperation, University Place - 4.213 Investment Funds and Strategies, University Place - 3.204 Liquidity Regulation, University Place - 3.209 Robots and Trade, University Place - 3.213 Technology and Labour Shares, University Place - 2.219 The Rise of Populism I, Williamson Building - Room G.47 Transportation and Urban Economics, University Place - 4.205 ES Contributed Sessions 8 from 16:30 to 17:45 Dynamic Choice, University Place - 1.218 Gender and Age Gaps in the Labour Market, University Place - 2.218 Health Insurance, University Place - 4.204 Information Design, University Place - 3.214 Learning, University Place - 3.212 Macroeconomics: Human Capital, Education and Inequality, University Place - 3.210 Market Experiments, University Place - 4.206 Programme Evaluation, University Place - 4.214 Risk Management, University Place - 4.212 Search and Asymmetric Information , University Place - 3.205 Time Series Modelling with Regime Changes and Non-Gaussianities, University Place - 4.210 EEA Presidential Address from 18:00 to 19:15 EEA Presidential Address, University Place - Lecture Theatre B EEA Marshall Lecture from 09:00 to 10:15 Marshall Lecture, University Place - Lecture Theatre B EEA Invited Sessions 2 from 10:45 to 12:45 Competition and Concentration, Simon Building - Theatre B Gender and Development, Kilburn Building - 1.1 Surveys of Expectations and Their Use, Simon Building - Theatre E Technological Innovation and Cities, Simon Building - Theatre D ES Invited Sessions 2 from 10:45 to 12:45 Advances in Empirical Analysis of Organizations, University Place - Lecture Theatre A Decision Making within Organisations / Political Economy, Simon Building - Theatre A New Methods for Sensitivity Analysis, Simon Building - Theatre C EEA Contributed Sessions 9 from 14:15 to 16:00 Consumer Search, Jean McFarlane - G306 a Education Policies , Jean McFarlane - 2.328 Exchange Rates and the Real Economy, University Place - 4.205 Financial Frictions and Firms, Jean McFarlane - 2.325 Forward Guidance, Jean McFarlane - 2.327 Gender and Marriage in Development, University Place - 3.209 Global Value Chains, University Place - 4.209 Home Ownership and Risks, University Place - 2.220 Inequality and Redistribution, University Place - 2.217 IO Theory, Jean McFarlane - 2.329 Labour Markets: Frictions and Technology, University Place - 3.213 Maternal Labour Supply, University Place - 3.204 Monetary Policy and the Banking Sector, Williamson Building - Room G.03 Money in Politics: Campaign Contributions and Lobbying, University Place - 2.219 Retirement and Pensions II, Kilburn Building - 1.4 Schools and Neighbourhoods, Jean McFarlane - G306 b Social Preferences, University Place - 1.219 Sovereign Debt and Default, University Place - 4.211 Systemic Risk, Banks and NonBanks, Williamson Building - Room G.47 Tax Evasion II, Kilburn Building - 1.3 Taxation and the Firm, Kilburn Building - 1.5 Trade Shocks, University Place - 4.213 Twenty Years of the Euro, Simon Building - Theatre D Wages and Firms, University Place - 3.211 ES Contributed Sessions 9 from 14:15 to 16:00 Aggregate Volatility and Spillovers in Open Economies, University Place - 4.212 Behaviour in Games, University Place - 4.210 Contract Theory II, University Place - 4.204 Economic Conditions, Education Choices and Outcomes, University Place - 3.212 Industrial Organisation: Theory, Jean McFarlane - 2.324 Macro-Finance II: Predictability and Discount Rates, University Place - 3.210 Methods for Evaluation of Financial Forecasts, University Place - 3.205 Minimum Distance Estimation, Jean McFarlane - 2.326 Monetary Policy and Heterogeneity, University Place - 2.218 Optimal Monetary and Capital Account Policy, University Place - 4.214 Voting and Elections, University Place - 4.206 Welfare Economics, University Place - 3.214 EEA Contributed Sessions 10 from 16:30 to 17:45 Energy Consumption and Regulation, Jean McFarlane - G306 b Expectations, Uncertainty and Cycles, University Place - 3.204 Institution Specialization and Change, University Place - 1.219 Labour Flows Over The Business Cycle, University Place - 3.211 Labour Market Risk , University Place - 2.219 Labour Markets in the Global Economy, University Place - 4.205 Macroprudential Regulation and Politics, University Place - 3.213 Monetary Policy with Financial Frictions, University Place - 2.217 Preferences, University Place - 4.213 Public Sector Accounting, University Place - 4.211 Shocks and Expectations, Jean McFarlane - 2.327 Structural Transformation, University Place - 3.209 The Economic and Social Consequences of ICT, University Place - 2.220 The Rise of Populism II, Williamson Building - Room G.03 Trade and the Labour Market, University Place - 4.209 Wealth Inequality, Williamson Building - Room G.47 ES Contributed Sessions 10 from 16:30 to 17:45 Crime and Public Policies, Jean McFarlane - 2.324 Empirical Analyses of Fiscal Policy, University Place - 4.204 Forecasting in Economics and Finance, University Place - 4.210 Growth and Structural Change, University Place - 3.205 Individual Preferences and Choice, University Place - 3.210 Information Acquisition and Discovery, University Place - 4.214 Information Technology and Market Performance, University Place - 3.212 Labour Market Search and Matching, Jean McFarlane - 2.326 Market Microstructure , University Place - 3.214 Social Choice, University Place - 4.212 Specification Tests in Panel Data, University Place - 4.206 ES Fisher‐Schultz Lecture from 18:00 to 19:15 Fisher‐Schultz Lecture, University Place - Lecture Theatre B Data Wrangling for Economists with Stata and the Command Line - Workshop from 09:00 to 16:00 This is a pilot Data Carpentry workshop for economists, covering an introduction to the command line, data wrangling in Stata, and effective coding practices in Stata. Topics include running do files from the command line, reading and writing various data formats, handling data quality (missing values, text data), transforming data using collapse, reshape and merge, and easy-to-read, modular coding with expressive variable names, commands and for loops. Bring your own laptop. You will engage in live coding and receive continuous feedback from instructors and other learners. Some familiarity with Stata is assumed, but no prior programming experience or econometrics background are needed. If necessary, a short-term license of Stata 15 will be provided. Space is limited, so please register at July 15 by emailing congress@eeassoc.org. The EEA is a supporting member of The Carpentries, a non-profit organisation providing researchers high-quality, domain-specific training covering the full lifecycle of data-driven research. Griliches Lectures from 09:00 to 12:30 Speaker : Robert Shimer (University of Chicago) Title: Theory and Measurement in the Labour Market Topic: We have seen an enormous increase in available labour market data in recent years, which in turn has encouraged the belief that we can understand the world by looking at data in a nonstructural or atheoretical way. These lectures will discuss recent research that critically assesses that view. Any approach to summarizing large datasets must make some assumption about which data moments are most informative. Assumptions that are convenient, such as linearity or additive separability, may be inconsistent with standard economic theory and may give misleading results if the standard theory is correct. These lectures will illustrate this with both microeconomic and macroeconomic applications, examining questions like the sorting of workers and firms, the determinants of unemployment duration, and shifts in the matching function over time. ERC Grant Proposal Writing from 09:00 to 10:30 This session offers a mentoring and training workshop for ERC grant preparation. The session will start with a panel discussion on the ins and outs of ERC grant preparation, with the viewpoints of the ERC as well as recent successful ERC applicants. This will be followed by a hands-on session where potential applicants have the opportunity to discuss their application and strategy with recent ERC recipients, individually or in small groups. This year's panel will consist of: Libertad Gonzalez (Universitat Pompeu Fabra and Barcelona GSE) Rachel Griffith (University of Manchester and Institute for Fiscal Studies) Holger Herz (University of Fribourg) Small Group Sessions: Ruben Durante (Universitat Pompeu Fabra and Barcelona GSE) Libertad Gonzalez (Universitat Pompeu Fabra and Barcelona GSE) Rachel Griffith (University of Manchester and Institute for Fiscal Studies) Nezih Guner (CEMFI) Holger Herz (University of Fribourg) Kjetil Storesletten (University of Oslo) How to Provide and Receive Quality Feedback in Academia: Strategies for Young Economists from 09:00 to 10:30 Organizer: European Association of Young Economists (EAYE) Speakers: Heather Anderson (Monash University), Zohal Hessami (University of Mannheim), Ricardo Reis (London School of Economics and Political Science), Chiara Scotti (Board of Governors of the Federal Reserve System) Moderation: Laura Castillo-Martínez (London School of Economics and Political Science), Anna Maria Koukal (University of Fribourg and Swiss Distance University) Feedback is an integral part of a successful academic career. The focus of this panel discussion will be on the ways of giving and receiving feedback in academia. We will look at different types of feedback and at the components of quality feedback. Causes and Consequences of Populism: European Focus A Policy Relevant Discussion from 11:00 to 13:00 The recent research in economics and political science on the causes and consequences of populism sheds some light (or lack thereof) for the future of policy making in European nations. Global problems require global solutions, while nationalist attitudes block European integration. The recent European elections show that participation can rebound if the fears of nationalism mobilizes sentiments as much as the fears that caused populism in the first place. Speakers: Abdul Noury Changing Political Cleavages in Advanced Democracies: Evidence from the European Parliament Andre Sapir The 2019 European Election: Consequences for the New European leadership Ruben Durante Populism and the Use of Fear for Political Gain: Empirical Evidence from the Ebola Outbreak in the US Massimo Morelli Populism and the Double Effect of Shrinking Policy Space for European Nations Activating Economics Teaching from 11:00 to 13:00 The session will be concerned with changes in the practice of economics teaching. We will be looking at various types of active teaching and learning that are emerging or increasingly used within economics teaching including motivational sequencing with the CORE curriculum, classroom games, the use of flipping and other uses of technology. Speakers: Ralf Becker (University of Manchester), Alvin Birdi (University of Bristol), Cloda Jenkins (UCL) and Humberto Llavador (Universitat Pompeu Fabra) Summary of All Sessions # Session Title, Date/Time Number of papers, type of session, Location ----------------------------------------------------------------------------------------------------------------------------------------- 1 Access to Health Insurance August 26, 2019 14:15-16:00 location: University Place - 1.219 3 papers EEA
contributed session 2 Asset Prices and Politics August 26, 2019 14:15-16:00 location: University Place - 4.211 4 papers EEA
contributed session 3 Automation, AI and Growth August 26, 2019 14:15-16:00 location: University Place - 3.204 4 papers EEA
contributed session 4 Banks, Debt and Crisis August 26, 2019 14:15-16:00 location: University Place - 3.213 4 papers EEA
contributed session 5 Behavioural Game Theory and Experiments August 26, 2019 14:15-16:00 location: University Place - 2.220 4 papers EEA
contributed session 6 Cognitive and Non-Cognitive Skills: Learning, Attainment and Earnings August 26, 2019 14:15-16:00 location: Kilburn Building - 1.5 4 papers EEA
contributed session 7 Econometric Methods August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.325 4 papers EEA
contributed session 8 Environmental Policy and Regulation I August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.327 4 papers EEA
contributed session 9 Experimental Finance August 26, 2019 14:15-16:00 location: University Place - 2.217 3 papers EEA
contributed session 10 Experimental Labour Economics August 26, 2019 14:15-16:00 location: University Place - 2.219 4 papers EEA
contributed session 11 Finance and the Real Economy August 26, 2019 14:15-16:00 location: University Place - 4.213 3 papers EEA
contributed session 12 Gender in the Labour Market August 26, 2019 14:15-16:00 location: Jean McFarlane - G306 b 4 papers EEA
contributed session 13 Housing and Local Labour Markets August 26, 2019 14:15-16:00 location: University Place - 4.209 4 papers EEA
contributed session 14 Inequality August 26, 2019 14:15-16:00 location: University Place - 4.205 3 papers EEA
contributed session 15 International Capital Flows August 26, 2019 14:15-16:00 location: Jean McFarlane - G306 a 4 papers EEA
contributed session 16 Monetary Policy Shocks: High Frequency Identification August 26, 2019 14:15-16:00 location: University Place - 3.209 4 papers EEA
contributed session 17 Monetary Policy Tradeoffs August 26, 2019 14:15-16:00 location: University Place - 3.211 4 papers EEA
contributed session 18 Protectionism August 26, 2019 14:15-16:00 location: Kilburn Building - 1.4 4 papers EEA
contributed session 19 Regulation and Information August 26, 2019 14:15-16:00 location: Simon Building - Theatre D 4 papers EEA
contributed session 20 Social Connections in Politics August 26, 2019 14:15-16:00 location: Williamson Building - Room G.03 4 papers EEA
contributed session 21 Structural Change and Regional Development August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.329 4 papers EEA
contributed session 22 The Role of Oil and Fiscal Policy in the Business Cycle August 26, 2019 14:15-16:00 location: Simon Building - Theatre C 4 papers EEA
contributed session 23 Trade Policy August 26, 2019 14:15-16:00 location: Williamson Building - Room G.47 4 papers EEA
contributed session 24 Unemployment and Labour Market Policies August 26, 2019 14:15-16:00 location: Kilburn Building - 1.3 4 papers EEA
contributed session 25 Data Uncertainty and Macroeconomic Forecasting August 26, 2019 14:15-16:00 location: University Place - 3.212 3 papers ES
contributed session 26 Dynamic Games August 26, 2019 14:15-16:00 location: University Place - 4.214 3 papers ES
contributed session 27 Fiscal Policy: Debt and Positive Issues August 26, 2019 14:15-16:00 location: University Place - 3.205 4 papers ES
contributed session 28 Information and Mechanism Design August 26, 2019 14:15-16:00 location: University Place - 4.204 4 papers ES
contributed session 29 International Financial Markets August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.324 3 papers ES
contributed session 30 Labour Markets, Gender and Human Capital August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.326 3 papers ES
contributed session 31 Macroeconomics: Growth August 26, 2019 14:15-16:00 location: University Place - 2.218 4 papers ES
contributed session 32 Political Economy of Education August 26, 2019 14:15-16:00 location: University Place - 4.206 4 papers ES
contributed session 33 Political Polarization August 26, 2019 14:15-16:00 location: University Place - 1.218 4 papers ES
contributed session 34 Productivity: Theory and Measurement August 26, 2019 14:15-16:00 location: University Place - 3.210 4 papers ES
contributed session 35 Regulation and Market Outcomes August 26, 2019 14:15-16:00 location: Jean McFarlane - 2.328 4 papers ES
contributed session 36 Semi/Nonparametric Methods August 26, 2019 14:15-16:00 location: University Place - 3.214 4 papers ES
contributed session 37 Taxation and Labour Markets August 26, 2019 14:15-16:00 location: University Place - 4.212 4 papers ES
contributed session 38 Volatility Models August 26, 2019 14:15-16:00 location: University Place - 4.210 4 papers ES
contributed session 39 Bank Risk August 26, 2019 16:30-17:45 location: University Place - 2.219 3 papers EEA
contributed session 40 Bonds and Commodities August 26, 2019 16:30-17:45 location: University Place - 2.217 3 papers EEA
contributed session 41 Business Cycles August 26, 2019 16:30-17:45 location: University Place - 3.204 3 papers EEA
contributed session 42 Contracts and Organizations August 26, 2019 16:30-17:45 location: Jean McFarlane - 2.325 3 papers EEA
contributed session 43 Demography and Development August 26, 2019 16:30-17:45 location: University Place - 4.213 3 papers EEA
contributed session 44 Elderly Care August 26, 2019 16:30-17:45 location: Williamson Building - Room G.47 3 papers EEA
contributed session 45 Global Linkages August 26, 2019 16:30-17:45 location: University Place - 1.219 3 papers EEA
contributed session 46 Information Transmission in Networks August 26, 2019 16:30-17:45 location: University Place - 4.209 3 papers EEA
contributed session 47 Media of Information Transmission August 26, 2019 16:30-17:45 location: University Place - 4.211 3 papers EEA
contributed session 48 Misallocation and Mismatch August 26, 2019 16:30-17:45 location: University Place - 3.209 3 papers EEA
contributed session 49 Monetary Policy at the Zero Lower Bound August 26, 2019 16:30-17:45 location: University Place - 3.211 3 papers EEA
contributed session 50 Savings and Income Risks August 26, 2019 16:30-17:45 location: University Place - 3.213 2 papers EEA
contributed session 51 School and Home Inputs in Learning and Achievement August 26, 2019 16:30-17:45 location: University Place - 2.220 3 papers EEA
contributed session 52 Tax and Transfers August 26, 2019 16:30-17:45 location: Williamson Building - Room G.03 3 papers EEA
contributed session 53 Taxes, Regulation and Inequality August 26, 2019 16:30-17:45 location: University Place - 4.205 3 papers EEA
contributed session 54 Technology Adoption and Green Growth August 26, 2019 16:30-17:45 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 55 The Economics of Immigration and Outmigration August 26, 2019 16:30-17:45 location: Jean McFarlane - G306 b 2 papers EEA
contributed session 56 Advances in Estimation Methods August 26, 2019 16:30-17:45 location: University Place - 3.212 3 papers ES
contributed session 57 Banking: Empirics August 26, 2019 16:30-17:45 location: University Place - 2.218 3 papers ES
contributed session 58 Beliefs and Knowledge August 26, 2019 16:30-17:45 location: University Place - 4.214 3 papers ES
contributed session 59 Climate and Environmental Economics I August 26, 2019 16:30-17:45 location: Jean McFarlane - 2.326 3 papers ES
contributed session 60 Contract Theory I August 26, 2019 16:30-17:45 location: University Place - 1.218 3 papers ES
contributed session 61 General Equilibrium and Mathematical Economics August 26, 2019 16:30-17:45 location: University Place - 4.204 3 papers ES
contributed session 62 Household Labour Supply and Retirement August 26, 2019 16:30-17:45 location: University Place - 4.212 3 papers ES
contributed session 63 Identification and Estimation of Structural Models I August 26, 2019 16:30-17:45 location: University Place - 3.205 3 papers ES
contributed session 64 Learning and Experimentation I August 26, 2019 16:30-17:45 location: University Place - 4.206 3 papers ES
contributed session 65 Monetary Policy and Forward Guidance August 26, 2019 16:30-17:45 location: University Place - 3.214 3 papers ES
contributed session 66 Macro-Finance I: Real and Financial Shocks August 26, 2019 16:30-17:45 location: University Place - 3.210 3 papers ES
contributed session 67 Optimal Fiscal Policies August 26, 2019 16:30-17:45 location: University Place - 4.210 3 papers ES
contributed session 68 Schumpeter Lecture August 26, 2019 18:00-19:15 location: University Place - Lecture Theatre B 1 papers EEA
invited session 69 POSTER SESSION August 27, 2019 9:00-17:45 location: University Place - The Drum 6 papers EEA
contributed session 70 Banks and Sovereign Debt August 27, 2019 9:00-10:15 location: University Place - 4.209 3 papers EEA
contributed session 71 Behavioural Decision Making August 27, 2019 9:00-10:15 location: University Place - 3.213 3 papers EEA
contributed session 72 Business Cycles and Incomplete Markets August 27, 2019 9:00-10:15 location: University Place - 2.220 3 papers EEA
contributed session 73 Climate Change - Discounting and Carbon Budgets August 27, 2019 9:00-10:15 location: Jean McFarlane - 2.325 3 papers EEA
contributed session 74 Financing Entrepreneurs August 27, 2019 9:00-10:15 location: University Place - 4.205 3 papers EEA
contributed session 75 Firm Dynamics Over The Business Cycle August 27, 2019 9:00-10:15 location: University Place - 4.213 3 papers EEA
contributed session 76 Gender Wage Differentials August 27, 2019 9:00-10:15 location: University Place - 1.219 3 papers EEA
contributed session 77 Housing and Mortgages August 27, 2019 9:00-10:15 location: University Place - 2.217 3 papers EEA
contributed session 78 Inflation Expectations and and Inflation Dynamics August 27, 2019 9:00-10:15 location: University Place - 2.219 3 papers EEA
contributed session 79 Internalities August 27, 2019 9:00-10:15 location: Jean McFarlane - G306 b 3 papers EEA
contributed session 80 IO in Finance August 27, 2019 9:00-10:15 location: University Place - 3.211 3 papers EEA
contributed session 81 Local Public Finance I August 27, 2019 9:00-10:15 location: Williamson Building - Room G.03 3 papers EEA
contributed session 82 Mechanism Design and Implementation August 27, 2019 9:00-10:15 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 83 Media and Politics: Theory August 27, 2019 9:00-10:15 location: Williamson Building - Room G.47 3 papers EEA
contributed session 84 Migration August 27, 2019 9:00-10:15 location: University Place - 4.211 3 papers EEA
contributed session 85 Regulation and Mergers August 27, 2019 9:00-10:15 location: University Place - 3.209 3 papers EEA
contributed session 86 Search and Matching in Labour Markets August 27, 2019 9:00-10:15 location: University Place - 3.204 3 papers EEA
contributed session 87 Banking: Theory August 27, 2019 9:00-10:15 location: University Place - 3.205 3 papers ES
contributed session 88 Climate and Environmental Economics II August 27, 2019 9:00-10:15 location: Jean McFarlane - 2.326 3 papers ES
contributed session 89 Contributions to Time Series Analysis August 27, 2019 9:00-10:15 location: University Place - 4.204 3 papers ES
contributed session 90 Corporate Finance August 27, 2019 9:00-10:15 location: University Place - 3.210 2 papers ES
contributed session 91 Efficient Mechanism Design August 27, 2019 9:00-10:15 location: University Place - 4.210 3 papers ES
contributed session 92 Info-Metrics for Modelling and Inference August 27, 2019 9:00-10:15 location: University Place - 4.206 3 papers ES
contributed session 93 Interest Rate Determinants August 27, 2019 9:00-10:15 location: University Place - 3.212 3 papers ES
contributed session 94 Learning and Experimentation II August 27, 2019 9:00-10:15 location: University Place - 4.212 3 papers ES
contributed session 95 Macroeconomics: Culture, Social Status and Aspirations and Inequality August 27, 2019 9:00-10:15 location: University Place - 3.214 3 papers ES
contributed session 96 Misallocation and Micro-Development August 27, 2019 9:00-10:15 location: Jean McFarlane - 2.324 3 papers ES
contributed session 97 Monetary Policy: Long Run Issues August 27, 2019 9:00-10:15 location: University Place - 4.214 3 papers ES
contributed session 98 Sovereign Debt and Default August 27, 2019 9:00-10:15 location: University Place - 2.218 3 papers ES
contributed session 99 Aspirations, Skills, and Policies: Women’s Success in the Labour Market August 27, 2019 10:45-12:45 location: Kilburn Building - 1.1 3 papers EEA
invited session 100 Heterogeneity in Macroeconomics August 27, 2019 10:45-12:45 location: Simon Building - Theatre B 3 papers EEA
invited session 101 Capital Income and Taxes August 27, 2019 10:45-12:45 location: Simon Building - Theatre E 3 papers EEA
invited session 102 Social Interactions in Political Economy August 27, 2019 10:45-12:45 location: Simon Building - Theatre D 3 papers EEA
invited session 103 Decisions in Markets and Organizations August 27, 2019 10:45-12:45 location: Simon Building - Theatre A 2 papers ES
invited session 104 Experimental Economics August 27, 2019 10:45-12:45 location: Simon Building - Theatre C 2 papers ES
invited session 105 Micro and Macro Forecasting August 27, 2019 10:45-12:45 location: University Place - Lecture Theatre A 2 papers ES
invited session 106 Banks’ Capital Structure and Regulation August 27, 2019 14:15-16:00 location: University Place - 3.204 4 papers EEA
contributed session 107 Causes and Consequences of Conflict and Violence August 27, 2019 14:15-16:00 location: University Place - 2.220 4 papers EEA
contributed session 108 Central Bank Asset Purchases August 27, 2019 14:15-16:00 location: Kilburn Building - 1.5 4 papers EEA
contributed session 109 Communication and Private Information August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 110 Corruption and the Rise of Extremism August 27, 2019 14:15-16:00 location: Simon Building - Theatre D 4 papers EEA
contributed session 111 Credit Intermediation and Crises August 27, 2019 14:15-16:00 location: University Place - 3.209 4 papers EEA
contributed session 112 EIB Session on Investment August 27, 2019 14:15-16:00 location: University Place - 3.211 4 papers EEA
contributed session 113 Experiments on Morality August 27, 2019 14:15-16:00 location: Jean McFarlane - G306 b 4 papers EEA
contributed session 114 Fiscal Policy August 27, 2019 14:15-16:00 location: Jean McFarlane - G306 a 4 papers EEA
contributed session 115 Gender August 27, 2019 14:15-16:00 location: Williamson Building - Room G.03 4 papers EEA
contributed session 116 Health Determinants August 27, 2019 14:15-16:00 location: Williamson Building - Room G.47 4 papers EEA
contributed session 117 International Prices August 27, 2019 14:15-16:00 location: University Place - 4.205 4 papers EEA
contributed session 118 International Shock Transmission August 27, 2019 14:15-16:00 location: University Place - 4.209 3 papers EEA
contributed session 119 Macroeconomic and Financial Cycles August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.323 4 papers EEA
contributed session 120 Minimum Wages and Low Pay August 27, 2019 14:15-16:00 location: University Place - 3.213 4 papers EEA
contributed session 121 Modelling Monetary Policy August 27, 2019 14:15-16:00 location: Kilburn Building - 1.3 4 papers EEA
contributed session 122 Monetary Policy and Housing August 27, 2019 14:15-16:00 location: Kilburn Building - 1.4 4 papers EEA
contributed session 123 Private-Public Sector Interactions August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.329 3 papers EEA
contributed session 124 Retirement August 27, 2019 14:15-16:00 location: University Place - 2.217 4 papers EEA
contributed session 125 Returns to School Inputs and Policies August 27, 2019 14:15-16:00 location: University Place - 2.219 4 papers EEA
contributed session 126 Sovereign Debt August 27, 2019 14:15-16:00 location: University Place - 4.211 4 papers EEA
contributed session 127 Tax Evasion I August 27, 2019 14:15-16:00 location: University Place - 4.213 4 papers EEA
contributed session 128 Trading Firms August 27, 2019 14:15-16:00 location: University Place - 1.219 4 papers EEA
contributed session 129 Valuation, Preferences and Consequences of Pollution August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.325 4 papers EEA
contributed session 130 Asset Pricing Econometrics August 27, 2019 14:15-16:00 location: University Place - 4.210 4 papers ES
contributed session 131 Communication August 27, 2019 14:15-16:00 location: University Place - 2.218 4 papers ES
contributed session 132 Econometrics of Macro Models August 27, 2019 14:15-16:00 location: University Place - 4.212 4 papers ES
contributed session 133 Economics of Networks August 27, 2019 14:15-16:00 location: University Place - 1.218 4 papers ES
contributed session 134 Empirical Asset Pricing August 27, 2019 14:15-16:00 location: University Place - 4.214 4 papers ES
contributed session 135 Gains from Trade with Institutional and Market Frictions August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.324 2 papers ES
contributed session 136 High-Dimensional Econometrics August 27, 2019 14:15-16:00 location: University Place - 4.204 4 papers ES
contributed session 137 History and Household August 27, 2019 14:15-16:00 location: Jean McFarlane - 2.326 4 papers ES
contributed session 138 Housing and Economic Fluctuations August 27, 2019 14:15-16:00 location: University Place - 3.205 4 papers ES
contributed session 139 Migration and the Labour Market August 27, 2019 14:15-16:00 location: University Place - 3.210 4 papers ES
contributed session 140 Monetary Policy and Asset Markets August 27, 2019 14:15-16:00 location: University Place - 3.212 4 papers ES
contributed session 141 Repeated Games of Collusion: Empirical Analysis August 27, 2019 14:15-16:00 location: University Place - 4.206 4 papers ES
contributed session 142 Theoretical Political Economy August 27, 2019 14:15-16:00 location: University Place - 3.214 4 papers ES
contributed session 143 Climate Change - Response to Climate Shocks August 27, 2019 16:30-17:45 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 144 Economic and Political Effects of Refugees' Inflows August 27, 2019 16:30-17:45 location: University Place - 3.211 3 papers EEA
contributed session 145 Determinants and Stability of Preferences August 27, 2019 16:30-17:45 location: University Place - 1.219 3 papers EEA
contributed session 146 Fiscal Multipliers August 27, 2019 16:30-17:45 location: University Place - 2.217 3 papers EEA
contributed session 147 Global Banks August 27, 2019 16:30-17:45 location: University Place - 3.204 2 papers EEA
contributed session 148 Human Capital, Mismatch and Unemployment August 27, 2019 16:30-17:45 location: University Place - 2.220 3 papers EEA
contributed session 149 Incentives and Biases in Corporate Finance August 27, 2019 16:30-17:45 location: Williamson Building - Room G.03 3 papers EEA
contributed session 150 Incomplete Information and Search August 27, 2019 16:30-17:45 location: University Place - 3.213 3 papers EEA
contributed session 151 Interaction of Macroprudential Policy with Monetary Policy and Liquidity Regulation August 27, 2019 16:30-17:45 location: University Place - 4.205 3 papers EEA
contributed session 152 Intergenerational Mobility August 27, 2019 16:30-17:45 location: University Place - 4.209 3 papers EEA
contributed session 153 Local Public Finance II August 27, 2019 16:30-17:45 location: University Place - 4.211 3 papers EEA
contributed session 154 Media and Politics: Evidence August 27, 2019 16:30-17:45 location: Williamson Building - Room G.47 3 papers EEA
contributed session 155 Phillips Curves August 27, 2019 16:30-17:45 location: University Place - 2.219 3 papers EEA
contributed session 156 Public Policies and Development August 27, 2019 16:30-17:45 location: University Place - 4.213 3 papers EEA
contributed session 157 Rulers and Empires in Economic History August 27, 2019 16:30-17:45 location: Jean McFarlane - G306 b 3 papers EEA
contributed session 158 Trading Inputs August 27, 2019 16:30-17:45 location: University Place - 3.209 2 papers EEA
contributed session 159 Advances in Microeconometrics August 27, 2019 16:30-17:45 location: University Place - 4.204 3 papers ES
contributed session 160 Behavioural Finance August 27, 2019 16:30-17:45 location: University Place - 4.212 3 papers ES
contributed session 161 Business Cycles Fluctuations and the Behaviour of Firms August 27, 2019 16:30-17:45 location: University Place - 3.205 3 papers ES
contributed session 162 Financial Frictions, Financial Intermediation, and the Macroeocnomy August 27, 2019 16:30-17:45 location: University Place - 3.210 2 papers ES
contributed session 163 Games with Incomplete Information August 27, 2019 16:30-17:45 location: University Place - 3.212 3 papers ES
contributed session 164 Household August 27, 2019 16:30-17:45 location: Jean McFarlane - 2.324 3 papers ES
contributed session 165 Identification and Estimation of Structural Models II August 27, 2019 16:30-17:45 location: University Place - 4.206 3 papers ES
contributed session 166 Networks August 27, 2019 16:30-17:45 location: University Place - 3.214 3 papers ES
contributed session 167 Political Economy in Historical Perspective August 27, 2019 16:30-17:45 location: University Place - 2.218 3 papers ES
contributed session 168 Peer Effects August 27, 2019 16:30-17:45 location: University Place - 1.218 3 papers ES
contributed session 169 Quantile Models August 27, 2019 16:30-17:45 location: University Place - 4.210 3 papers ES
contributed session 170 Search, Matching and Wage Determination August 27, 2019 16:30-17:45 location: University Place - 4.214 3 papers ES
contributed session 171 ES Presidential Address August 27, 2019 18:00-19:15 location: University Place - Lecture Theatre B 1 papers ES
invited session 172 Laffont Lecture August 28, 2019 9:00-10:15 location: University Place - Lecture Theatre B 1 papers ES
invited session 173 Asset Pricing and Risk Premium August 28, 2019 10:45-12:45 location: University Place - 2.217 5 papers EEA
contributed session 174 Birth Outcomes and Child Health August 28, 2019 10:45-12:45 location: University Place - 2.219 5 papers EEA
contributed session 175 Consumption and Houeshold Behaviour August 28, 2019 10:45-12:45 location: University Place - 2.220 5 papers EEA
contributed session 176 Culture, Persistance and Development August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.325 5 papers EEA
contributed session 177 Education, Science and Technology in Economic History August 28, 2019 10:45-12:45 location: Simon Building - Theatre D 5 papers EEA
contributed session 178 Electoral Systems August 28, 2019 10:45-12:45 location: Kilburn Building - 1.3 5 papers EEA
contributed session 179 Employment Contracts August 28, 2019 10:45-12:45 location: University Place - 3.204 5 papers EEA
contributed session 180 Environmental Policy and Regulation II August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.329 5 papers EEA
contributed session 181 Exchange Rates and International Spillovers August 28, 2019 10:45-12:45 location: University Place - 3.209 5 papers EEA
contributed session 182 Foreign Direct Investment August 28, 2019 10:45-12:45 location: University Place - 3.211 5 papers EEA
contributed session 183 Groups, Leadership and Gender August 28, 2019 10:45-12:45 location: University Place - 1.219 4 papers EEA
contributed session 184 Healthcare and Health August 28, 2019 10:45-12:45 location: University Place - 3.213 5 papers EEA
contributed session 185 Information in Markets August 28, 2019 10:45-12:45 location: University Place - 4.205 5 papers EEA
contributed session 186 Knowledge, Innovation, and R&D August 28, 2019 10:45-12:45 location: University Place - 4.209 5 papers EEA
contributed session 187 Labour Market Policy August 28, 2019 10:45-12:45 location: Kilburn Building - 1.4 5 papers EEA
contributed session 188 Law and Economics of Sanctions and Crime August 28, 2019 10:45-12:45 location: University Place - 4.211 5 papers EEA
contributed session 189 Monetary Policy Transmission August 28, 2019 10:45-12:45 location: Williamson Building - Room G.03 5 papers EEA
contributed session 190 New Approaches to Business Cycles August 28, 2019 10:45-12:45 location: University Place - 4.213 5 papers EEA
contributed session 191 Risk, Aspirations and Behaviour August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.327 4 papers EEA
contributed session 192 Skill Demand August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.328 5 papers EEA
contributed session 193 Wages August 28, 2019 10:45-12:45 location: Williamson Building - Room G.47 5 papers EEA
contributed session 194 What Works in Schools and Beyond? August 28, 2019 10:45-12:45 location: Kilburn Building - 1.5 5 papers EEA
contributed session 195 Aggregate Dynamics of Frictional Labour Markets August 28, 2019 10:45-12:45 location: University Place - 4.204 5 papers ES
contributed session 196 Choice and Preferences August 28, 2019 10:45-12:45 location: University Place - 2.218 5 papers ES
contributed session 197 Collective Decision Making August 28, 2019 10:45-12:45 location: University Place - 1.218 5 papers ES
contributed session 198 Health August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.324 5 papers ES
contributed session 199 Heterogeneous Agents and Inequality August 28, 2019 10:45-12:45 location: University Place - 4.206 4 papers ES
contributed session 200 Hypothesis Testing August 28, 2019 10:45-12:45 location: University Place - 3.205 5 papers ES
contributed session 201 Industrial Organisation: Empirical Structural Models August 28, 2019 10:45-12:45 location: University Place - 3.214 4 papers ES
contributed session 202 Macroeconomics: Consumption and Saving August 28, 2019 10:45-12:45 location: University Place - 4.210 5 papers ES
contributed session 203 Macroeconomics: Government Policies, Income Distribution and Inequality August 28, 2019 10:45-12:45 location: University Place - 4.212 5 papers ES
contributed session 204 Monetary Policy and Financial Markets August 28, 2019 10:45-12:45 location: University Place - 4.214 5 papers ES
contributed session 205 Panel Data August 28, 2019 10:45-12:45 location: University Place - 3.210 5 papers ES
contributed session 206 Partial Identification August 28, 2019 10:45-12:45 location: University Place - 3.212 5 papers ES
contributed session 207 Rural/Urban/Industrial Development August 28, 2019 10:45-12:45 location: Jean McFarlane - 2.326 5 papers ES
contributed session 208 Altruism and Norms August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.327 4 papers EEA
contributed session 209 Boundedly Rational Investors and Asset Prices August 28, 2019 14:15-16:00 location: University Place - 2.217 4 papers EEA
contributed session 210 Collusion August 28, 2019 14:15-16:00 location: University Place - 1.219 4 papers EEA
contributed session 211 EAERE Session on Environmental Economics August 28, 2019 14:15-16:00 location: Simon Building - Theatre D 4 papers EEA
contributed session 212 Education August 28, 2019 14:15-16:00 location: Williamson Building - Room G.03 4 papers EEA
contributed session 213 Evaluation of Labour Market Policies August 28, 2019 14:15-16:00 location: University Place - 2.219 4 papers EEA
contributed session 214 Fertility and Children August 28, 2019 14:15-16:00 location: University Place - 3.204 4 papers EEA
contributed session 215 Financial Frictions and Business Cycles August 28, 2019 14:15-16:00 location: University Place - 3.209 4 papers EEA
contributed session 216 Forecasting Macro and Financial Variables August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.325 4 papers EEA
contributed session 217 Gender Differentials in Education and the Labour Market August 28, 2019 14:15-16:00 location: University Place - 3.211 4 papers EEA
contributed session 218 Interactions August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.328 4 papers EEA
contributed session 219 International Finance August 28, 2019 14:15-16:00 location: University Place - 3.213 4 papers EEA
contributed session 220 International Production August 28, 2019 14:15-16:00 location: University Place - 4.205 4 papers EEA
contributed session 221 Job Search August 28, 2019 14:15-16:00 location: Williamson Building - Room G.47 4 papers EEA
contributed session 222 Labour Supply August 28, 2019 14:15-16:00 location: University Place - 4.209 4 papers EEA
contributed session 223 Learning, Beliefs and Overconfidence August 28, 2019 14:15-16:00 location: University Place - 4.213 4 papers EEA
contributed session 224 Misallocation August 28, 2019 14:15-16:00 location: Kilburn Building - 1.3 4 papers EEA
contributed session 225 Optimal Monetary Policy August 28, 2019 14:15-16:00 location: University Place - 4.211 4 papers EEA
contributed session 226 Political Economy of Development August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.329 4 papers EEA
contributed session 227 Politics and Fiscal Policies August 28, 2019 14:15-16:00 location: University Place - 2.220 4 papers EEA
contributed session 228 Public Procurement in Developing Countries August 28, 2019 14:15-16:00 location: Simon Building - Theatre A 3 papers EEA
contributed session 229 Relationship Lending and Access to Credit August 28, 2019 14:15-16:00 location: Kilburn Building - 1.4 4 papers EEA
contributed session 230 Retirement and Pensions I August 28, 2019 14:15-16:00 location: Simon Building - Theatre C 4 papers EEA
contributed session 231 Stress Testing August 28, 2019 14:15-16:00 location: Kilburn Building - 1.5 4 papers EEA
contributed session 232 Trade, Variety, and Inequality August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.323 4 papers EEA
contributed session 233 Computational Problems and Machine Learning August 28, 2019 14:15-16:00 location: University Place - 4.206 4 papers ES
contributed session 234 Education and Training: Policy Evaluation August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.326 4 papers ES
contributed session 235 Empirical Political Economy August 28, 2019 14:15-16:00 location: University Place - 1.218 4 papers ES
contributed session 236 Financial Systems and Regulation August 28, 2019 14:15-16:00 location: University Place - 2.218 4 papers ES
contributed session 237 Fiscal Policy: Empirical Evidence on Multipliers August 28, 2019 14:15-16:00 location: University Place - 3.214 3 papers ES
contributed session 238 Forecasting Financial Econometrics August 28, 2019 14:15-16:00 location: University Place - 4.204 4 papers ES
contributed session 239 Identification of VAR Models August 28, 2019 14:15-16:00 location: University Place - 4.212 4 papers ES
contributed session 240 Inference in Predictive Regressions and Factor Models August 28, 2019 14:15-16:00 location: University Place - 4.214 4 papers ES
contributed session 241 Labour Markets Flows and Outcomes August 28, 2019 14:15-16:00 location: University Place - 3.212 4 papers ES
contributed session 242 Matching August 28, 2019 14:15-16:00 location: University Place - 3.205 3 papers ES
contributed session 243 Optimal Mechanisms August 28, 2019 14:15-16:00 location: University Place - 3.210 4 papers ES
contributed session 244 Trade Policy and Trade Effects with Global Value Chains August 28, 2019 14:15-16:00 location: Jean McFarlane - 2.324 4 papers ES
contributed session 245 Treatment Effects August 28, 2019 14:15-16:00 location: University Place - 4.210 3 papers ES
contributed session 246 Banks and the Central Bank August 28, 2019 16:30-17:45 location: University Place - 1.219 3 papers EEA
contributed session 247 Bounded Rationality and Learning August 28, 2019 16:30-17:45 location: Jean McFarlane - 2.324 2 papers EEA
contributed session 248 Consumption and Expectations August 28, 2019 16:30-17:45 location: University Place - 2.217 3 papers EEA
contributed session 249 Economics of Philanthropy: Experiments August 28, 2019 16:30-17:45 location: University Place - 4.211 3 papers EEA
contributed session 250 Environmental Policy and Regulation - Energy and Waste August 28, 2019 16:30-17:45 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 251 Exchange Rates and Finance August 28, 2019 16:30-17:45 location: University Place - 3.211 3 papers EEA
contributed session 252 Fiscal Policy and Firm Dynamics August 28, 2019 16:30-17:45 location: University Place - 2.220 3 papers EEA
contributed session 253 Global Inequality August 28, 2019 16:30-17:45 location: University Place - 4.209 3 papers EEA
contributed session 254 Ideology and Cooperation August 28, 2019 16:30-17:45 location: University Place - 4.213 3 papers EEA
contributed session 255 Investment Funds and Strategies August 28, 2019 16:30-17:45 location: University Place - 3.204 3 papers EEA
contributed session 256 Liquidity Regulation August 28, 2019 16:30-17:45 location: University Place - 3.209 3 papers EEA
contributed session 257 Robots and Trade August 28, 2019 16:30-17:45 location: University Place - 3.213 3 papers EEA
contributed session 258 Technology and Labour Shares August 28, 2019 16:30-17:45 location: University Place - 2.219 3 papers EEA
contributed session 259 The Rise of Populism I August 28, 2019 16:30-17:45 location: Williamson Building - Room G.47 2 papers EEA
contributed session 260 Transportation and Urban Economics August 28, 2019 16:30-17:45 location: University Place - 4.205 3 papers EEA
contributed session 261 Dynamic Choice August 28, 2019 16:30-17:45 location: University Place - 1.218 3 papers ES
contributed session 262 Gender and Age Gaps in the Labour Market August 28, 2019 16:30-17:45 location: University Place - 2.218 3 papers ES
contributed session 263 Health Insurance August 28, 2019 16:30-17:45 location: University Place - 4.204 3 papers ES
contributed session 264 Information Design August 28, 2019 16:30-17:45 location: University Place - 3.214 3 papers ES
contributed session 265 Learning August 28, 2019 16:30-17:45 location: University Place - 3.212 3 papers ES
contributed session 266 Macroeconomics: Human Capital, Education and Inequality August 28, 2019 16:30-17:45 location: University Place - 3.210 3 papers ES
contributed session 267 Market Experiments August 28, 2019 16:30-17:45 location: University Place - 4.206 3 papers ES
contributed session 268 Programme Evaluation August 28, 2019 16:30-17:45 location: University Place - 4.214 3 papers ES
contributed session 269 Risk Management August 28, 2019 16:30-17:45 location: University Place - 4.212 3 papers ES
contributed session 270 Search and Asymmetric Information August 28, 2019 16:30-17:45 location: University Place - 3.205 3 papers ES
contributed session 271 Time Series Modelling with Regime Changes and Non-Gaussianities August 28, 2019 16:30-17:45 location: University Place - 4.210 3 papers ES
contributed session 272 EEA Presidential Address August 28, 2019 18:00-19:15 location: University Place - Lecture Theatre B 1 papers EEA
invited session 273 Marshall Lecture August 29, 2019 9:00-10:15 location: University Place - Lecture Theatre B 1 papers EEA
invited session 274 Competition and Concentration August 29, 2019 10:45-12:45 location: Simon Building - Theatre B 3 papers EEA
invited session 275 Gender and Development August 29, 2019 10:45-12:45 location: Kilburn Building - 1.1 3 papers EEA
invited session 276 Surveys of Expectations and Their Use August 29, 2019 10:45-12:45 location: Simon Building - Theatre E 3 papers EEA
invited session 277 Technological Innovation and Cities August 29, 2019 10:45-12:45 location: Simon Building - Theatre D 3 papers EEA
invited session 278 Advances in Empirical Analysis of Organizations August 29, 2019 10:45-12:45 location: University Place - Lecture Theatre A 2 papers ES
invited session 279 Decision Making within Organisations / Political Economy August 29, 2019 10:45-12:45 location: Simon Building - Theatre A 2 papers ES
invited session 280 New Methods for Sensitivity Analysis August 29, 2019 10:45-12:45 location: Simon Building - Theatre C 2 papers ES
invited session 281 Consumer Search August 29, 2019 14:15-16:00 location: Jean McFarlane - G306 a 4 papers EEA
contributed session 282 Education Policies August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.328 3 papers EEA
contributed session 283 Exchange Rates and the Real Economy August 29, 2019 14:15-16:00 location: University Place - 4.205 4 papers EEA
contributed session 284 Financial Frictions and Firms August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.325 4 papers EEA
contributed session 285 Forward Guidance August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.327 4 papers EEA
contributed session 286 Gender and Marriage in Development August 29, 2019 14:15-16:00 location: University Place - 3.209 3 papers EEA
contributed session 287 Global Value Chains August 29, 2019 14:15-16:00 location: University Place - 4.209 4 papers EEA
contributed session 288 Home Ownership and Risks August 29, 2019 14:15-16:00 location: University Place - 2.220 4 papers EEA
contributed session 289 Inequality and Redistribution August 29, 2019 14:15-16:00 location: University Place - 2.217 4 papers EEA
contributed session 290 IO Theory August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.329 4 papers EEA
contributed session 291 Labour Markets: Frictions and Technology August 29, 2019 14:15-16:00 location: University Place - 3.213 4 papers EEA
contributed session 292 Maternal Labour Supply August 29, 2019 14:15-16:00 location: University Place - 3.204 4 papers EEA
contributed session 293 Monetary Policy and the Banking Sector August 29, 2019 14:15-16:00 location: Williamson Building - Room G.03 4 papers EEA
contributed session 294 Money in Politics: Campaign Contributions and Lobbying August 29, 2019 14:15-16:00 location: University Place - 2.219 4 papers EEA
contributed session 295 Retirement and Pensions II August 29, 2019 14:15-16:00 location: Kilburn Building - 1.4 4 papers EEA
contributed session 296 Schools and Neighbourhoods August 29, 2019 14:15-16:00 location: Jean McFarlane - G306 b 4 papers EEA
contributed session 297 Social Preferences August 29, 2019 14:15-16:00 location: University Place - 1.219 4 papers EEA
contributed session 298 Sovereign Debt and Default August 29, 2019 14:15-16:00 location: University Place - 4.211 4 papers EEA
contributed session 299 Systemic Risk, Banks and NonBanks August 29, 2019 14:15-16:00 location: Williamson Building - Room G.47 4 papers EEA
contributed session 300 Tax Evasion II August 29, 2019 14:15-16:00 location: Kilburn Building - 1.3 4 papers EEA
contributed session 301 Taxation and the Firm August 29, 2019 14:15-16:00 location: Kilburn Building - 1.5 4 papers EEA
contributed session 302 Trade Shocks August 29, 2019 14:15-16:00 location: University Place - 4.213 4 papers EEA
contributed session 303 Twenty Years of the Euro August 29, 2019 14:15-16:00 location: Simon Building - Theatre D 4 papers EEA
contributed session 304 Wages and Firms August 29, 2019 14:15-16:00 location: University Place - 3.211 4 papers EEA
contributed session 305 Aggregate Volatility and Spillovers in Open Economies August 29, 2019 14:15-16:00 location: University Place - 4.212 4 papers ES
contributed session 306 Behaviour in Games August 29, 2019 14:15-16:00 location: University Place - 4.210 2 papers ES
contributed session 307 Contract Theory II August 29, 2019 14:15-16:00 location: University Place - 4.204 4 papers ES
contributed session 308 Economic Conditions, Education Choices and Outcomes August 29, 2019 14:15-16:00 location: University Place - 3.212 4 papers ES
contributed session 309 Industrial Organisation: Theory August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.324 4 papers ES
contributed session 310 Macro-Finance II: Predictability and Discount Rates August 29, 2019 14:15-16:00 location: University Place - 3.210 4 papers ES
contributed session 311 Methods for Evaluation of Financial Forecasts August 29, 2019 14:15-16:00 location: University Place - 3.205 4 papers ES
contributed session 312 Minimum Distance Estimation August 29, 2019 14:15-16:00 location: Jean McFarlane - 2.326 4 papers ES
contributed session 313 Monetary Policy and Heterogeneity August 29, 2019 14:15-16:00 location: University Place - 2.218 3 papers ES
contributed session 314 Optimal Monetary and Capital Account Policy August 29, 2019 14:15-16:00 location: University Place - 4.214 4 papers ES
contributed session 315 Voting and Elections August 29, 2019 14:15-16:00 location: University Place - 4.206 4 papers ES
contributed session 316 Welfare Economics August 29, 2019 14:15-16:00 location: University Place - 3.214 4 papers ES
contributed session 317 Energy Consumption and Regulation August 29, 2019 16:30-17:45 location: Jean McFarlane - G306 b 3 papers EEA
contributed session 318 Expectations, Uncertainty and Cycles August 29, 2019 16:30-17:45 location: University Place - 3.204 3 papers EEA
contributed session 319 Institution Specialization and Change August 29, 2019 16:30-17:45 location: University Place - 1.219 3 papers EEA
contributed session 320 Labour Flows Over The Business Cycle August 29, 2019 16:30-17:45 location: University Place - 3.211 3 papers EEA
contributed session 321 Labour Market Risk August 29, 2019 16:30-17:45 location: University Place - 2.219 3 papers EEA
contributed session 322 Labour Markets in the Global Economy August 29, 2019 16:30-17:45 location: University Place - 4.205 3 papers EEA
contributed session 323 Macroprudential Regulation and Politics August 29, 2019 16:30-17:45 location: University Place - 3.213 3 papers EEA
contributed session 324 Monetary Policy with Financial Frictions August 29, 2019 16:30-17:45 location: University Place - 2.217 3 papers EEA
contributed session 325 Preferences August 29, 2019 16:30-17:45 location: University Place - 4.213 3 papers EEA
contributed session 326 Public Sector Accounting August 29, 2019 16:30-17:45 location: University Place - 4.211 3 papers EEA
contributed session 327 Shocks and Expectations August 29, 2019 16:30-17:45 location: Jean McFarlane - 2.327 3 papers EEA
contributed session 328 Structural Transformation August 29, 2019 16:30-17:45 location: University Place - 3.209 3 papers EEA
contributed session 329 The Economic and Social Consequences of ICT August 29, 2019 16:30-17:45 location: University Place - 2.220 3 papers EEA
contributed session 330 The Rise of Populism II August 29, 2019 16:30-17:45 location: Williamson Building - Room G.03 3 papers EEA
contributed session 331 Trade and the Labour Market August 29, 2019 16:30-17:45 location: University Place - 4.209 3 papers EEA
contributed session 332 Wealth Inequality August 29, 2019 16:30-17:45 location: Williamson Building - Room G.47 3 papers EEA
contributed session 333 Crime and Public Policies August 29, 2019 16:30-17:45 location: Jean McFarlane - 2.324 3 papers ES
contributed session 334 Empirical Analyses of Fiscal Policy August 29, 2019 16:30-17:45 location: University Place - 4.204 3 papers ES
contributed session 335 Forecasting in Economics and Finance August 29, 2019 16:30-17:45 location: University Place - 4.210 3 papers ES
contributed session 336 Growth and Structural Change August 29, 2019 16:30-17:45 location: University Place - 3.205 3 papers ES
contributed session 337 Individual Preferences and Choice August 29, 2019 16:30-17:45 location: University Place - 3.210 2 papers ES
contributed session 338 Information Acquisition and Discovery August 29, 2019 16:30-17:45 location: University Place - 4.214 3 papers ES
contributed session 339 Information Technology and Market Performance August 29, 2019 16:30-17:45 location: University Place - 3.212 3 papers ES
contributed session 340 Labour Market Search and Matching August 29, 2019 16:30-17:45 location: Jean McFarlane - 2.326 3 papers ES
contributed session 341 Market Microstructure August 29, 2019 16:30-17:45 location: University Place - 3.214 3 papers ES
contributed session 342 Social Choice August 29, 2019 16:30-17:45 location: University Place - 4.212 3 papers ES
contributed session 343 Specification Tests in Panel Data August 29, 2019 16:30-17:45 location: University Place - 4.206 3 papers ES
contributed session 344 Fisher‐Schultz Lecture August 29, 2019 18:00-19:15 location: University Place - Lecture Theatre B 1 papers ES
invited session 344 sessions, 1201 papers, and 0 presentations with no associated papers Detailed List of Sessions Session 1: Access to Health Insurance August 26, 2019 14:15 to 16:00 Location: University Place - 1.219 Session Chair: Thomas Hoe, Cornell University thomas.hoe@cornell.edu Session type: EEA contributed Cream Skimming by Health Care Providers and Inequality in Health Care Access: Evidence from a Randomized Field Experiment Presented by: Anna Werbeck, RGS Econ Socioeconomic inequalities in the use of English public hospitals Presented by: Benjamin Zaranko, Institute for Fiscal Studies Does Hospital Crowding Matter? Evidence from Trauma and Orthopedics in England Presented by: Thomas Hoe, Cornell University Session 2: Asset Prices and Politics August 26, 2019 14:15 to 16:00 Location: University Place - 4.211 Session Chair: Sohnke Bartram, University of Warwick s.m.bartram@wbs.ac.uk Session type: EEA contributed Unstable Tsar, Stable Markets? Political Instability as Financial Information in Tsarist Russia Presented by: Christopher A. Hartwell, Bournemouth University Fear and Euphoria Presented by: Thorsten Lehnert, University of Luxembourg Fear and Loathing on the Campaign Trail: Did Immigration Cause Brexit? Presented by: Max Viskanic, Sciences Po Paris and LIEPP Real Effects of Climate Policy: Financial Constraints and Spillovers Presented by: Sohnke Bartram, University of Warwick Session 3: Automation, AI and Growth August 26, 2019 14:15 to 16:00 Location: University Place - 3.204 Session Chair: Andreas Irmen, University of Luxembourg airmen@uni.lu Session type: EEA contributed The Hardware-Software Model: A New Conceptual Framework of Production, R&D, and Growth with AI Presented by: Jakub Growiec, Warsaw School of Economics & Narodowy Bank Polski Automation, Growth and Factor Shares Presented by: Joseba Martinez, London Business School Do Robots Increase Wealth Dispersion? Presented by: Thomas Jansson, Sveriges riksbank AUTOMATION, FACTOR SHARES, AND GROWTH IN THE ERA OF POPULATION AGING Presented by: Andreas Irmen, University of Luxembourg Session 4: Banks, Debt and Crisis August 26, 2019 14:15 to 16:00 Location: University Place - 3.213 Session Chair: Johannes Poeschl, Danmarks Nationalbank jpo@nationalbanken.dk Session type: EEA contributed An Early Warning System For Banking Crises: From Regression-based Analysis To Machine Learning Techniques Presented by: Elizabeth Casabianca, Prometeia Associazione Euro area sovereign risk spillovers before and after the ECB's OMT announcement Presented by: Niels Gilbert, De Nederlandsche Bank Bank capital requirements, collateral constraints, and optimal macroprudential policy Presented by: Aliaksandr Zaretski, Emory University Bank Capital Regulation and Endogenous Shadow Banking Crises Presented by: Johannes Poeschl, Danmarks Nationalbank Session 5: Behavioural Game Theory and Experiments August 26, 2019 14:15 to 16:00 Location: University Place - 2.220 Session Chair: Lawrence Choo, University of Erlangen-Nuremberg lawrence.cy.choo@fau.de Session type: EEA contributed An Evaluation of Bounded Rationality in (Experimental) Networks Presented by: Sebastian Cortes Corrales, University of Leicester Small Talk and Theory of Mind in Strategic Decision-Making Presented by: Neha Bose, University of Warwick Integrating Context Effects into Procedural Decision Making Presented by: Fynn Strohecker, University of Rostock Can auctions select people by their level-k types? Presented by: Lawrence Choo, University of Erlangen-Nuremberg Session 6: Cognitive and Non-Cognitive Skills: Learning, Attainment and Earnings August 26, 2019 14:15 to 16:00 Location: Kilburn Building - 1.5 Session Chair: Elise Huillery, University Paris-Dauphine elise.huillery@dauphine.fr Session type: EEA contributed Non-Cognitive Skills and the College Premium Presented by: Gerda Buchmueller, Lancaster University Mind the Gap: The role of skill dispersion on future attainment Presented by: Mariana Tavares, School of Business and Economics - Maastricht University Skills Accumulation with Malleable Ability: Evidence from a Growth Mindset Intervention Presented by: Sonkurt Sen, University of Essex The Impact of a Large-Scale Mindset Intervention on School Outcomes: Experimental Evidence from France Presented by: Elise Huillery, University Paris-Dauphine Session 7: Econometric Methods August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.325 Session Chair: Robert Lieli, Central European University rlieli@gmail.com Session type: EEA contributed Rotated Slice Sampling for Efficient and Robust Estimation of DSGE Models Presented by: Marco Ratto, European Commission - Joint Research Centre Causal Inference and Data-Fusion in Econometrics Presented by: Paul Hunermund, Maastricht University Identification and Estimation of Parameter Instability in a High-dimensional Factor Model Presented by: Yiru Wang, Universitat Pompeu Fabra (UPF) Treatment Effect Analysis for Pairs with Endogenous Treatment Takeup Presented by: Robert Lieli, Central European University Session 8: Environmental Policy and Regulation I August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.327 Session Chair: Dario Fauceglia, Zurich University of Applied Sciences fauc@zhaw.ch Session type: EEA contributed Carbon taxes and stranded assets: Evidence from Washington state Presented by: Suphi Sen, ifo Institute Pigou pushes preferences: decarbonisation and endogenous values Presented by: Linus Mattauch, Subsidising Renewables but Taxing Storage? Second-Best Policies with Imperfect Carbon Pricing Presented by: Mathias Mier, ifo Institute How do plants respond to a rising carbon tax? Empirical evidence on energy consumption and emissions Presented by: Dario Fauceglia, Zurich University of Applied Sciences Session 9: Experimental Finance August 26, 2019 14:15 to 16:00 Location: University Place - 2.217 Session Chair: Peter Matthews, Middlebury College pmatthew@middlebury.edu Session type: EEA contributed Cognitive dissonance, investor beliefs and the disposition effect Presented by: Iñigo Iturbe-Ormaetxe, University of Alicante Perceived Wealth and Borrowing Attitudes: The Leverage Bias Hypothesis Presented by: Alberto Cardaci, Università Cattolica del Sacro Cuore Choice Architecture to Improve Financial Decision Making Presented by: Peter Matthews, Middlebury College Session 10: Experimental Labour Economics August 26, 2019 14:15 to 16:00 Location: University Place - 2.219 Session Chair: Andreas Orland, University of Potsdam aorland@uni-potsdam.de Session type: EEA contributed In Search of a Better Life: Self-Control in the Ethiopian Labor Market Presented by: Christian Meyer, European University Institute Can nudges increase employee performance? Evidence from a field experiment Presented by: Christin Hoffmann, Brandenburg University of Technology Competition and Fatigue at Work Presented by: Vera Angelova, Flexible Work Arrangements and Precautionary Behavior: Theory and Experimental Evidence Presented by: Andreas Orland, University of Potsdam Session 11: Finance and the Real Economy August 26, 2019 14:15 to 16:00 Location: University Place - 4.213 Session Chair: João Santos, Nova School of Business and Economics joaorpereirasantos@gmail.com Session type: EEA contributed Trainspotting: Board Appointments in Private Firms Presented by: Audinga Baltrunaite, Bank of Italy No Job, No Money, No Refi: Frictions to Refinancing in a Recession Presented by: John Mondragon, Northwestern University Collateral Value and Entrepreneurship: Evidence from a Property Tax Presented by: João Santos, Nova School of Business and Economics Session 12: Gender in the Labour Market August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 b Session Chair: German Cubas, University of Houston germancubas@gmail.com Session type: EEA contributed Gender norms and income misreporting within households Presented by: Michaela Slotwinski, Universität Basel & ZEW Mannheim Working from Home: Heterogeneous Effects on Hours Worked and Wages Presented by: Sarra Ben Yahmed, ZEW Mannheim Gender and Lawmaking in Times of Quotas. Evidence from the French Parliament Presented by: Quentin Lippmann, Paris School of Economics Coordinated Work Schedules and the Gender Wage Gap Presented by: German Cubas, University of Houston Session 13: Housing and Local Labour Markets August 26, 2019 14:15 to 16:00 Location: University Place - 4.209 Session Chair: Daniel Da Mata, Sao Paulo School of Economics - FGV damatadaniel@hotmail.com Session type: EEA contributed Out of the darkness: Re-allocation of confiscated real estate mafia assets Presented by: Marco Di Cataldo, London School of Economics PUBLIC HOUSING, WAITING LISTS AND LOTTERIES: QUASI- NATURAL EXPERIMENTAL EVIDENCE FROM AMSTERDAM Presented by: Arno Van der Vlist, University of Groningen Not in my Electoral Backyard Presented by: Martin Guenther, Royal Holloway College, University of London Labor Market Effects of Public Housing: Evidence from Large-Scale Lotteries Presented by: Daniel Da Mata, Sao Paulo School of Economics - FGV Session 14: Inequality August 26, 2019 14:15 to 16:00 Location: University Place - 4.205 Session Chair: Andrew Aitken, National Institute of Economic & Social Research a.aitken@niesr.ac.uk Session type: EEA contributed Income Inequality and the Size of Government: A Causal Analysis Presented by: Martin Guzi, Masaryk University Inequality and Extremist Voting: Evidence from Germany Presented by: Florian Neumeier, ifo Institute Munich; University of Munich (LMU) A Democratic Measure of National Income Growth for the United Kingdom, 2006-2015. Methods and Estimates. Presented by: Andrew Aitken, National Institute of Economic & Social Research Session 15: International Capital Flows August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 a Session Chair: Fabrizio Venditti, European Central Bank fvenditti@yahoo.it Session type: EEA contributed Capital Flight to Germany: Two Alternative Measures Presented by: Sven Steinkamp, Osnabrueck University FX funding shocks and cross-border lending: Fragmentation matters Presented by: Fernando Eguren-Martin, Bank of England Valuation Effects and Capital Flows - Security Level Evidence from Euro Area Investors Presented by: Martin Schmitz, European Central Bank The Global Capital Flows Cycle: Structural Drivers and Transmission Channels Presented by: Fabrizio Venditti, European Central Bank Session 16: Monetary Policy Shocks: High Frequency Identification August 26, 2019 14:15 to 16:00 Location: University Place - 3.209 Session Chair: Joao Duarte, Nova SBE joao.duarte@novasbe.pt Session type: EEA contributed Information Effects of Euro Area Monetary Policy: New Evidence from High-Frequency Futures Data Presented by: Mark Kerssenfischer, Deutsche Bundesbank Are Consumers' Spending Decisions in Line With an Euler Equation? Presented by: Lena Dräger, Leibniz University Hannover Monetary Policy and Structural Reforms Presented by: Malte Rieth, DIW Berlin One Money, Many Markets Presented by: Joao Duarte, Nova SBE Session 17: Monetary Policy Tradeoffs August 26, 2019 14:15 to 16:00 Location: University Place - 3.211 Session Chair: Michael Ehrmann, ECB michael.ehrmann@ecb.europa.eu Session type: EEA contributed All Together Now: Does Macroeconomic Uncertainty Affect Dissent on the Bank of England's Monetary Policy Committee? Presented by: Kate Reinold, Bank of England ECB vs Bundesbank: Diverging Tones and Policy Effectiveness Presented by: Peter Tillmann, Justus-Liebig-Universität Gießen Vague Talk in ECB Press Conference: News or Noise? Presented by: Zexi Sun, Goethe University Frankfurt Strategic interactions in preparing for committee meetings Presented by: Michael Ehrmann, ECB Session 18: Protectionism August 26, 2019 14:15 to 16:00 Location: Kilburn Building - 1.4 Session Chair: Wilko Bolt, De Nederlandsche Bank w.bolt@dnb.nl Session type: EEA contributed Nobody Wins: Protectionism and (Un)employment In a Model-Based Analysis Presented by: Matija Lozej, Central Bank of Ireland The China Shock and the Nationalist Backlash against Globalization: Attitudinal Evidence from the British Household Panel Survey Presented by: Philipp Harms, Johannes Gutenberg University Mainz China Syndrome Redux: New Results on Global Labor Reallocation Presented by: Weidi Yuan, University of Geneva The Global Macroeconomics of a Trade War: The EAGLE model on the US-China trade conflict Presented by: Wilko Bolt, De Nederlandsche Bank Session 19: Regulation and Information August 26, 2019 14:15 to 16:00 Location: Simon Building - Theatre D Session Chair: Spyros Terovitis, University of Amsterdam s.terovitis@uva.nl Session type: EEA contributed Regulating Global Externalities Presented by: Roweno J.R.K. Heijmans, Tilburg University Complicated Consumers: Heterogeneous preferences in competitive selection markets Presented by: Christian Kubitza, University of Bonn Raising Capital Under Demand Uncertainty Presented by: Spyros Terovitis, University of Amsterdam Regulation with Experimentation: Ex Ante Approval, Ex Post Withdrawal, and Liability Presented by: Marco Ottaviani, Bocconi University Session 20: Social Connections in Politics August 26, 2019 14:15 to 16:00 Location: Williamson Building - Room G.03 Session Chair: Tom-Reiel Heggedal, BI Norwegian Business School tom-reiel.heggedal@bi.no Session type: EEA contributed Mobility and Mobilisation: Railways and the Spread of Social Movements Presented by: Eric Melander, University of Warwick Social Network, Career Incentive and Interregional Trade in China Presented by: Erqi GE, Universtitat Pompeu Fabra The Effects of Across-Regime Interpersonal Contact on the Support for Authoritarian Regimes Presented by: Andreas Stegmann, CEMFI Political Alignment and Bureaucratic Pay Presented by: Tom-Reiel Heggedal, BI Norwegian Business School Session 21: Structural Change and Regional Development August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.329 Session Chair: Sarmistha Pal, University of Surrey s.pal@surrey.ac.uk Session type: EEA contributed Cuius Regio Eius Religio: 
Financial Development and Growth in European Regions Presented by: Paola Rossi, Banca d'Italia Better roads, better off? Evidence on improving roads in Tanzania Presented by: Ximena Játiva, University of Fribourg A Closer Look at the Mechanism of Structural Transformation: the Role of Biased Technical Change in Agriculture Presented by: Arnaud Daymard, Université de Cergy-Pontoise Unintended Consequences of Land Ceiling Legislations- Theory and Evidence from the Indian States Presented by: Sarmistha Pal, University of Surrey Session 22: The Role of Oil and Fiscal Policy in the Business Cycle August 26, 2019 14:15 to 16:00 Location: Simon Building - Theatre C Session Chair: Stephanie Ettmeier, German Institute for Economic Research (DIW) Berlin settmeier@diw.de Session type: EEA contributed The macroeconomic effects of oil supply news: evidence from OPEC announcements Presented by: Diego Känzig, London Business School Business cycle accounting for the German fiscal stimulus program Presented by: Daniel Fehrle, University of Augsburg Determinants of Fiscal Multipliers Revisited Presented by: Lorant Kaszab, Central Bank of Hungary Active, or passive? Revisiting the role of fi scal policy in the Great Inflation Presented by: Stephanie Ettmeier, German Institute for Economic Research (DIW) Berlin Session 23: Trade Policy August 26, 2019 14:15 to 16:00 Location: Williamson Building - Room G.47 Session Chair: Gino Gancia, QMUL and CREI gino.gancia@gmail.com Session type: EEA contributed Which Sanctions Matter? Analysis of the EU/Russian Sanctions of 2014 Presented by: Matěj Bělín, CERGE-EI Public Procurement-Related Protection: Insights form the Global Trade Alert Database Presented by: Enxhi Tresa, University of Cergy-Pontoise Can the optimal tariff be zero for a growing large country? Presented by: Takumi Naito, Waseda University Firms and Economic Performance: A View from Trade Presented by: Gino Gancia, QMUL and CREI Session 24: Unemployment and Labour Market Policies August 26, 2019 14:15 to 16:00 Location: Kilburn Building - 1.3 Session Chair: Christian Hutter, Institute for Employment Research (IAB) christian.hutter@iab.de Session type: EEA contributed Generosity versus Duration Trade-Off and the Optimization Ability of the Unemployed Presented by: Laura KHOURY, Paris School of Economics Timed to Say Goodbye: Does Unemployment Benefit Eligibility Affect Workers' Layoffs? Presented by: Andrea Albanese, Luxembourg Institute of Socio-Economic Research Effect of Unemployment Benefit Generosity on Geographical Mobility Presented by: Tania Fernández Navia, University of Barcelona Which Factors are behind Germany's Labour Market Upswing? Presented by: Christian Hutter, Institute for Employment Research (IAB) Session 25: Data Uncertainty and Macroeconomic Forecasting August 26, 2019 14:15 to 16:00 Location: University Place - 3.212 Session Chair: Ana Beatriz Galvao, University of Warwick ana.galvao@wbs.ac.uk Session type: ES contributed Measuring Data Uncertainty: An Application using the Bank of England's Fan Charts for Historical GDP Growth Presented by: James Mitchell, University of Warwick Optimal Pooling and Finite Mixture Distribution: a Comparison between Approaches to Density Forecast Presented by: Giulia Mantoan, University of Warwick How and When Does Judgment Improve the Accuracy of Macroeconomic Forecasts? Presented by: Ana Beatriz Galvao, University of Warwick Session 26: Dynamic Games August 26, 2019 14:15 to 16:00 Location: University Place - 4.214 Session Chair: Spyros Galanis, City, University of London gspyros@gmail.com Session type: ES contributed WARS OF ATTRITION WITH PRIVATE BUDGETS Presented by: Bingchao Huangfu, Zhongnan University of Economics and Law On the Management of Population Immunity Presented by: Flavio Toxvaerd, University of Cambridge Information Aggregation in Dynamic Markets Under Ambiguity Presented by: Spyros Galanis, City, University of London Session 27: Fiscal Policy: Debt and Positive Issues August 26, 2019 14:15 to 16:00 Location: University Place - 3.205 Session Chair: Octavio Tourinho, UERJ - Universidade do Estado do Rio de Janeiro otourinho@uerj.br Session type: ES contributed How to tax capital? Presented by: Cagri Kumru, Australian National University Government Debt Maturity Structure, Fiscal Policy, and Default Presented by: Sergii Kiiashko, National Bank of Ukraine, Kyiv School of Economics Debt Sustainability in a Low Interest Rate World Presented by: Neil Mehrotra, Brown University Fiscal Policy for Public Debt Stabilization in a Multiple Household Dynamic General Equilibrium Model for Brazil Presented by: Octavio Tourinho, UERJ - Universidade do Estado do Rio de Janeiro Session 28: Information and Mechanism Design August 26, 2019 14:15 to 16:00 Location: University Place - 4.204 Session Chair: Zvika Neeman, Tel Aviv University zvika@post.tau.ac.il Session type: ES contributed Partnership Dissolution with Cash-constrained Agents Presented by: Guillaume Pommey, Paris School of Economics and EHESS Bilateral Trade with Justification Presented by: Matthias Lang, University of Munich (LMU) Information Design with Agency Presented by: Jacopo Bizzotto, OsloMet Optimal Media Censorship Presented by: Andy Zapechelnyuk, University of St Andrews Session 29: International Financial Markets August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.324 Session Chair: Jarko Fidrmuc, ZU Friedrichshafen Jarko.Fidrmuc@zu.de Session type: ES contributed Exchange Rates, Strategic Uncertainty and International Bank Lending Presented by: Stefano Schiaffi, Bank of Italy Foreign Exchange Dealer Asset Pricing Presented by: Dennis Umlandt, University of Kiel Cryptocurrency Market Efficiency: Evidence from Time-Frequency Analysis Presented by: Jarko Fidrmuc, ZU Friedrichshafen Session 30: Labour Markets, Gender and Human Capital August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.326 Session Chair: Nicholas Lawson, Université du Québec à Montréal lawson.nicholas@uqam.ca Session type: ES contributed Menstruation Hygiene Management and Work Attendance in a Developing Country Presented by: Astrid Krenz, Durham University Dynamic Complementarities Very Early in Life: Family Planning, Early Childhood Education, and Lifetime Human Capital Presented by: Shuqiao Sun, University of Michigan Fiscal Externalities and Underinvestment in Early-Life Human Capital: Optimal Policy Instruments for a Developing Country Presented by: Nicholas Lawson, Université du Québec à Montréal Session 31: Macroeconomics: Growth August 26, 2019 14:15 to 16:00 Location: University Place - 2.218 Session Chair: Diego Restuccia, University of Toronto diego.restuccia@utoronto.ca Session type: ES contributed Skill Premium and Preferential Policy: The Case of China Presented by: Qing Liu, Tsinghua University An Elementary Theory of Directed Technical Change and Wage Inequality Presented by: Jonas Loebbing, University of Cologne Non-Renewable Resources, Extraction Technology and Endogenous Growth Presented by: Martin Stuermer, Federal Reserve Bank of Dallas Dynamic Misallocation Accounting Presented by: Diego Restuccia, University of Toronto Session 32: Political Economy of Education August 26, 2019 14:15 to 16:00 Location: University Place - 4.206 Session Chair: Ernesto Villanueva, Banco de España Ernesto.villanueva@bde.es Session type: ES contributed Gender differences in citations at top economics journals Presented by: Erin Hengel, University of Liverpool An empirical analysis of college admissions with endogenous entrance exam scores Presented by: Hayri Arslan, Queen's University Information Operations Increase Civilian Security Cooperation and Support for Reintegration Presented by: Konstantin Sonin, University of Chicago Selection Bias Among Participants in High School Financial Literacy Programs: Evidence from PISA Presented by: Ernesto Villanueva, Banco de España Session 33: Political Polarization August 26, 2019 14:15 to 16:00 Location: University Place - 1.218 Session Chair: ran spiegler, N/A r.spiegler@ucl.ac.uk Session type: ES contributed A Theory on Media Bias and Elections Presented by: Junze Sun, University of Amsterdam Economic inequality, political polarization and voter turnout Presented by: Erika Pini, Université Catholique de Louvain The Rise of Radicalism: Self-Serving Leadership and Asymmetric Information Presented by: Heng Chen, The University of Hong Kong A Model of Competing Narratives Presented by: ran spiegler, N/A Session 34: Productivity: Theory and Measurement August 26, 2019 14:15 to 16:00 Location: University Place - 3.210 Session Chair: Javier Quintana Gonzalez, Bocconi University, Milan javier.quintana@unibocconi.it Session type: ES contributed Endogenous Technological Change and the New Keynesian Model Presented by: Toshihiro Okada, Kwansei Gakuin University Technological Diffusion, Productivity Dispersion, and So-called Allocative Inefficiency Presented by: Li Anpeng, The Australian National University Measured Productivity with Endogenous Markups and Economic Profits Presented by: Anthony Savagar, University of Kent A New Measure of Utilization-Adjusted Total Factor Productivity Growth for European Countries Presented by: Javier Quintana Gonzalez, Bocconi University, Milan Session 35: Regulation and Market Outcomes August 26, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.328 Session Chair: Ignacia Mercadal, Columbia University ignacia.mercadal@columbia.edu Session type: ES contributed Intermediary Commissions in a Regulated Market with Heterogeneous Customers Presented by: Bernardita Vial, Pontificia Universidad Catolica de Chile Labor market reform and innovation. Evidence from Spain Presented by: Maria Garcia-Vega, Nottingham University Does External Monitoring from Government Improve the Performance of State-Owned Enterprises Presented by: Shengyu Li, The University of New South Wales Shades of Integration: The Restructuring of the U.S. Electricity Markets Presented by: Ignacia Mercadal, Columbia University Session 36: Semi/Nonparametric Methods August 26, 2019 14:15 to 16:00 Location: University Place - 3.214 Session Chair: Keith Knight, University of Toronto keith@utstat.toronto.edu Session type: ES contributed Honest con dence sets in nonparametric IV regression and other ill-posed models Presented by: Andrii Babii, University of North Carolina, Chapel Hill An Averaging Estimator For Two Step M Estimation In Semiparametric Models Presented by: Ruoyao Shi, University of California Riverside A specification test for semiparametric models with generated regressors Presented by: ELIA LAPENTA, Toulouse School of Economics Leverage in penalized least squares estimation Presented by: Keith Knight, University of Toronto Session 37: Taxation and Labour Markets August 26, 2019 14:15 to 16:00 Location: University Place - 4.212 Session Chair: Martin Gonzalez-Eiras, University of Copenhagen mge@econ.ku.dk Session type: ES contributed Optimal Taxation of Employment and Self-Employment: Evidence from Poland and Implications Presented by: Tomasz Zawisza, European University Institute Voting over Selfishly Optimal Income Tax Schedules with Tax-Driven Migrations Presented by: Darong Dai, Shanghai University of Finance and Economics Electoral Systems, Heterogeneous Fiscal Policy and Labor Regulations Presented by: Shiv Dixit, University of Minnesota Social Security and Formal Labor Market Participation: A Dynamic Political Approach Presented by: Martin Gonzalez-Eiras, University of Copenhagen Session 38: Volatility Models August 26, 2019 14:15 to 16:00 Location: University Place - 4.210 Session Chair: Christopher Walsh, Technical University Dortmund walsh@statistik.tu-dortmund.de Session type: ES contributed The volume-volatility relation of trades: A bivariate stochastic conditional model Presented by: Manh Cuong Pham, Lancaster University Forecasting Large Stochastic Covariance Matrices Presented by: André Santos, Universidade Federal de Santa Catarina Testing Constant Cross-Sectional Dependence with Time-Varying Marginal Distributions in Parametric Models Presented by: Matthias Kaldorf, University of Cologne Locally stationary multiplicative volatility modelling Presented by: Christopher Walsh, Technical University Dortmund Session 39: Bank Risk August 26, 2019 16:30 to 17:45 Location: University Place - 2.219 Session Chair: Dawid Zochowski, European Central Bank dawid.zochowski@ecb.europa.eu Session type: EEA contributed High Water, No Marks? Biased Lending After Extreme Weather Presented by: Benjamin Guin, Bank of England Bank Risk-Taking and Misconduct Presented by: Ieva Sakalauskaite, Bank of England/University of Amsterdam Bank funding costs and solvency Presented by: Dawid Zochowski, European Central Bank Session 40: Bonds and Commodities August 26, 2019 16:30 to 17:45 Location: University Place - 2.217 Session Chair: Romulo Alves, Rotterdam School of Management (Erasmus University Rotterdam) romulo.t.alves@rsm.nl Session type: EEA contributed Monetary policy under the microscope: The effect of the ECB asset purchase program on bond market concentration Presented by: Martijn Boermans, De Nederlandsche Bank Lighting up the Dark: Liquidity in the German Corporate Bond Market Presented by: Yalin Gunduz, Deutsche Bundesbank The Information Content of Commodity Futures Markets Presented by: Romulo Alves, Rotterdam School of Management (Erasmus University Rotterdam) Session 41: Business Cycles August 26, 2019 16:30 to 17:45 Location: University Place - 3.204 Session Chair: Zivile Zekaite, Central Bank of Ireland zivile.zekaite@centralbank.ie Session type: EEA contributed Towards Technology-News-Driven Business Cycles Presented by: Spyridon Sichlimiris, Örebro university Distributional Imbalances and the U.S. Business Cycle Presented by: Nikolaos Charalampidis, University of California, Irvine Non-linearity in the wage Phillips curve: A euro area and country-level analysis Presented by: Zivile Zekaite, Central Bank of Ireland Session 42: Contracts and Organizations August 26, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.325 Session Chair: Daniela Scur, Massachussets Institute of Technology dscur@mit.edu Session type: EEA contributed Promotions, Hazards, and Efforts Presented by: antoine RENUCCI, UPPA Contract Manufacturing in Value Chains Presented by: Wolfgang Gick, IFN Stockholm and Free U Bolzano Picking from the top or shedding from the bottom? Personnel management, worker quality and firm productivity Presented by: Daniela Scur, Massachussets Institute of Technology Session 43: Demography and Development August 26, 2019 16:30 to 17:45 Location: University Place - 4.213 Session Chair: Rachel Cassidy, Institute for Fiscal Studies rachel.cassidy@ifs.org.uk Session type: EEA contributed Local economic growth and infant mortality Presented by: Andreas Kammerlander, Demographic Aging, Industrial Policy, and Chinese Economic Growth Presented by: Michael Dotsey, Federal Reserve Bank of Philadelphia The Power to Protect: Household Bargaining and Female Condom Use Presented by: Rachel Cassidy, Institute for Fiscal Studies Session 44: Elderly Care August 26, 2019 16:30 to 17:45 Location: Williamson Building - Room G.47 Session Chair: Norman Bannenberg, University of Duisburg-Essen norman.bannenberg@uni-due.de Session type: EEA contributed The intergenerational effect of children's education on parental mental health Presented by: Jakob Everding, University of Hamburg Long-run consequences of informal elderly care and implications of public long-term care insurance Presented by: Thorben Korfhage, RWI-Essen Preventive Home Visits in Norway Presented by: Norman Bannenberg, University of Duisburg-Essen Session 45: Global Linkages August 26, 2019 16:30 to 17:45 Location: University Place - 1.219 Session Chair: Chryssi Giannitsarou, University of Cambridge cg349@cam.ac.uk Session type: EEA contributed Sovereign Spread Shocks Presented by: Susanne Wellmann, University of Tuebingen Masking the truth or softening the blow? U.S. banking deregulation and sectoral reallocation after the China trade shock Presented by: Lilia Ruslanova (Khabibulina), University of Zurich FOREIGN DIRECT INVESTMENT AS A DETERMINANT OF CROSS-COUNTRY STOCK MARKET COMOVEMENT Presented by: Chryssi Giannitsarou, University of Cambridge Session 46: Information Transmission in Networks August 26, 2019 16:30 to 17:45 Location: University Place - 4.209 Session Chair: Helmut Stix, Oesterreichische Nationalbank helmut.stix@oenb.at Session type: EEA contributed Individual vs Group Decision-Making: Evidence from a Natural Experiment in Arbitration Proceedings Presented by: Naomi Gershoni, Ben Gurion University of the Negev Peer Effects in Art Prices Presented by: Maria Marchenko, WU Vienna How Peer Groups Influence Economic Perceptions Presented by: Helmut Stix, Oesterreichische Nationalbank Session 47: Media of Information Transmission August 26, 2019 16:30 to 17:45 Location: University Place - 4.211 Session Chair: Oliver Rehbein, University of Bonn oliver.rehbein@uni-bonn.de Session type: EEA contributed Advertising and Content Differentiation: Evidence from YouTube Presented by: Anna Kerkhof, University of Cologne Topics and Geographical Diffusion of Knowledge in Top Economic Journals Presented by: fabio montobbio, Università Cattolica del Sacro Cuore Does publication lead to publication? The effect of author reputation on publication success Presented by: Oliver Rehbein, University of Bonn Session 48: Misallocation and Mismatch August 26, 2019 16:30 to 17:45 Location: University Place - 3.209 Session Chair: Andreas Westermark, Sveriges Riksbank andreas.westermark@riksbank.se Session type: EEA contributed Factor Misallocation and Adjustment Costs: Evidence from Italy Presented by: Robert Goodhead, Central Bank of Ireland Low Competition Traps Presented by: Francisco Queiros, European University Institute Skill Loss, Job Mismatch and the Slow Recovery from the Great Recession Presented by: Andreas Westermark, Sveriges Riksbank Session 49: Monetary Policy at the Zero Lower Bound August 26, 2019 16:30 to 17:45 Location: University Place - 3.211 Session Chair: Johannes Strobel, Goethe-University Frankfurt johannes.p.strobel@gmail.com Session type: EEA contributed Optimal Monetary Policy, Least Squares Learning, and the Zero Bound to Interest Rates Presented by: Petr Harasimovic, Loughborough University Expectations formation, sticky prices, and the ZLB Presented by: Matthias Paustian, Federal Reserve Board of Governors Time-Varying Risk Shocks and the Zero Lower Bound Presented by: Johannes Strobel, Goethe-University Frankfurt Session 50: Savings and Income Risks August 26, 2019 16:30 to 17:45 Location: University Place - 3.213 Session Chair: Raun Van Ooijen, University of Groningen r.van.ooijen@rug.nl Session type: EEA contributed Health Inequality: Role of Insurance and Technological Progress Presented by: Siddhartha Sanghi, Washington University in St. Louis Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the U.S. Presented by: Raun Van Ooijen, University of Groningen Session 51: School and Home Inputs in Learning and Achievement August 26, 2019 16:30 to 17:45 Location: University Place - 2.220 Session Chair: Orazio Attanasio, University College London o.attanasio@ucl.ac.uk Session type: EEA contributed Does parental education influence child educational outcomes? A developmental analysis in a genetically-informative full population sample and adoptee design Presented by: Miriam Gensowski, University of Copenhagen Time investments as a driving channel for the effect of parentalseparation on child developmen Presented by: Hélène Le Forner, Paris School of Economics Pre-school quality and child development in a low income setting Presented by: Orazio Attanasio, University College London Session 52: Tax and Transfers August 26, 2019 16:30 to 17:45 Location: Williamson Building - Room G.03 Session Chair: Lucie Gadenne, University of Warwick lgadenne@gmail.com Session type: EEA contributed Income tax and the careers of women Presented by: Barra Roantree, Economic and Social Research Institute When Income Effects are Large: Labor Supply Responses and the Value of Welfare Transfers Presented by: Giulia Giupponi, London School of Economics Are consumption taxes progressive in developing countries? Evidence from consumption diaries Presented by: Lucie Gadenne, University of Warwick Session 53: Taxes, Regulation and Inequality August 26, 2019 16:30 to 17:45 Location: University Place - 4.205 Session Chair: Ctirad Slavik, CERGE-EI ctirad.slavik@cerge-ei.cz Session type: EEA contributed Wealth Taxes and Inequality Presented by: Nicola Borri, LUISS University Labor tax reductions in Europe: the role of property taxation Presented by: Marcin Bielecki, Narodowy Bank Polski and University of Warsaw Financial Liberalization and Income Inequality: On the Heterogenous Effects of Different Reforms Presented by: Ctirad Slavik, CERGE-EI Session 54: Technology Adoption and Green Growth August 26, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.327 Session Chair: Eugenie Dugoua, LSE e.dugoua@lse.ac.uk Session type: EEA contributed Renewable Technology Adoption and the Macroeconomy Presented by: Bernardino Adão, Banco de Portugal Endogenous improvements of the substitutability between “clean” and “dirty” inputs Presented by: Fabian Stöckl, TU Berlin & DIW Berlin International Environmental Agreements and Directed Technological Change: Evidence from the Ozone Regime Presented by: Eugenie Dugoua, LSE Session 55: The Economics of Immigration and Outmigration August 26, 2019 16:30 to 17:45 Location: Jean McFarlane - G306 b Session Chair: Lara Cockx, Nazarbayev University lara.cockx@nu.edu.kz Session type: EEA contributed Integration Through Participation: The Effect of Non-Citizen Voting Rights Presented by: Salwan Saif, University of Erlangen-Nürnberg Moving towards a better future? Migration and children's health and education Presented by: Lara Cockx, Nazarbayev University Session 56: Advances in Estimation Methods August 26, 2019 16:30 to 17:45 Location: University Place - 3.212 Session Chair: Hayato Nakanishi, Kanagawa University hnakanishi@kanagawa-u.ac.jp Session type: ES contributed Gaussian rank correlation and regression Presented by: Dante Amengual, CEMFI Improved Estimation by Simulated Maximum Likelihood Presented by: Kirill Evdokimov, Universitat Pompeu Fabra Estimation of exchangeable distribution when the highest or lowest and another order statistics are observable: Application to first-price auctions Presented by: Hayato Nakanishi, Kanagawa University Session 57: Banking: Empirics August 26, 2019 16:30 to 17:45 Location: University Place - 2.218 Session Chair: Maria Chiara Iannino, University of St. Andrews mci@st-andrews.ac.uk Session type: ES contributed Holding Company Affiliation and Risk: Evidence from the US Banking Sector Presented by: Radoslav Raykov, Bank of Canada What Drives Repo Haircuts? Evidence from the UK Market Presented by: Karamfil Todorov, The London School of Economics (LSE) Did the Basel Process of Capital Regulation Enhance the Resiliency of European Banks? Presented by: Maria Chiara Iannino, University of St. Andrews Session 58: Beliefs and Knowledge August 26, 2019 16:30 to 17:45 Location: University Place - 4.214 Session Chair: Patrick Schmidt, HITS patrick.schmidt@h-its.org Session type: ES contributed Common Knowledge for Rational and Behavioral Agents Presented by: James Taylor, Australian National University Rational Bubbles and Middlemen Presented by: Kohei Iwasaki, University of Wisconsin-Madison Elicitation of ambiguous beliefs with mixing bets Presented by: Patrick Schmidt, HITS Session 59: Climate and Environmental Economics I August 26, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.326 Session Chair: Peiyao Shen, ShanghaiTech University shenpy@shanghaitech.edu.cn Session type: ES contributed Green Consumers, Emission Taxes, and Firm Relocation Presented by: Jan Voßwinkel, NGU | Nuertingen-Geislingen University The Impact of Weather on Commodity Prices: A Warning for the Future Presented by: Annalisa Marini, University of Exeter Does ‘Green’ Matter? Environmental Management and Firm Performance in China Presented by: Peiyao Shen, ShanghaiTech University Session 60: Contract Theory I August 26, 2019 16:30 to 17:45 Location: University Place - 1.218 Session Chair: Lars Stole, University of Chicago lars.stole@chicagobooth.edu Session type: ES contributed Optimal Delegated Contracting Presented by: Lucy White, Questrom School of Management, Boston Un Sustainable Intergenerational Insurance Presented by: Tim Worrall, University of Edinburgh Participation constraints in discontinuous adverse selection models Presented by: Lars Stole, University of Chicago Session 61: General Equilibrium and Mathematical Economics August 26, 2019 16:30 to 17:45 Location: University Place - 4.204 Session Chair: Peter Hammond, University of Warwick p.j.hammond@warwick.ac.uk Session type: ES contributed Existence and Uniqueness of Solutions to the Stochastic Bellman Equation with Unbounded Shock Presented by: Juan Pablo Rincón-Zapatero, Universidad Carlos III de Madrid Existence of equilibrium in an economy with two distortions: Monopolistic competition and taxation Presented by: Leslie Reinhorn, University of Durham Individual Risk and Mutual Insurance with Diverse Symmetric Beliefs and Production Presented by: Peter Hammond, University of Warwick Session 62: Household Labour Supply and Retirement August 26, 2019 16:30 to 17:45 Location: University Place - 4.212 Session Chair: Sena Coskun, University of Mannheim sena.coskun@uni-mannheim.de Session type: ES contributed Occupational Retirement and Social Security Reform: the Roles of Physical and Cognitive Health Presented by: Jiayi Wen, Xiamen University Time to care? The effects of retirement on informal care provision Presented by: Kai-Uwe Mueller, DIW Berlin Trends in Work and Leisure: Presented by: Sena Coskun, University of Mannheim Session 63: Identification and Estimation of Structural Models I August 26, 2019 16:30 to 17:45 Location: University Place - 3.205 Session Chair: Jamie Hentall MacCuish, University College London jamie.maccuish.15@ucl.ac.uk Session type: ES contributed Sensitivity of Structural Estimators to First-Step Calibrated Parameters Presented by: Thomas Jørgensen, University of Copenhagen On the sources of information in the moment structure of dynamic macroeconomic models Presented by: Nikolay Iskrev, Bank of Portugal Rational Inattention and Oversensitivity of Retirement to the State Pension Age Presented by: Jamie Hentall MacCuish, University College London Session 64: Learning and Experimentation I August 26, 2019 16:30 to 17:45 Location: University Place - 4.206 Session Chair: Daniel Bird, Tel-Aviv Universtiy dbird@post.tau.ac.il Session type: ES contributed A Revision Game of Experimentation on a Common Threshold Presented by: Yi Chen, Cornell University Reputation and Social Learning Presented by: Georgy Lukyanov, École polytechnique Sequential Learning Presented by: Daniel Bird, Tel-Aviv Universtiy Session 65: Monetary Policy and Forward Guidance August 26, 2019 16:30 to 17:45 Location: University Place - 3.214 Session Chair: Arunima Sinha, Fordham University asinha3@fordham.edu Session type: ES contributed Forward Guidance (Puzzle) with rule-of-thumb households Presented by: Sebastian Giesen, Deutsche Bundesbank Disentangling the Information and Forward Guidance Effect of Monetary Policy Announcements Presented by: Lars Other, Friedrich-Schiller-University Jena Pitfalls of "Lower for Longer": Monetary Policy Strategies at the Effective Lower Bound Presented by: Arunima Sinha, Fordham University Session 66: Macro-Finance I: Real and Financial Shocks August 26, 2019 16:30 to 17:45 Location: University Place - 3.210 Session Chair: Svetlana Bryzgalova, London Business School sbryzgalova@london.edu Session type: ES contributed Leasing as a Risk-Sharing Mechanism Presented by: Chi-Yang Tsou, Hong Kong University of Science and Technology Macroeconomic shocks and risk premia: Fama meets Sims Presented by: Gabor Pinter, Bank of England Consumption in Asset Returns Presented by: Svetlana Bryzgalova, London Business School Session 67: Optimal Fiscal Policies August 26, 2019 16:30 to 17:45 Location: University Place - 4.210 Session Chair: Zhiqi Zhao, Shanghai University of International Business and Economics zhiqiz@g.clemson.edu Session type: ES contributed Consistent Flexibility: Enforcement of Fiscal Rules Through Political Incentives Presented by: Valerio Dotti, Washington University is St. Louis Liberal-Libertarian Optimal Tax Policy Presented by: Eduardo Zambrano, Cal Poly The Insurance Value of Progressive Taxation with Heterogenous Risk Aversion Presented by: Zhiqi Zhao, Shanghai University of International Business and Economics Session 68: Schumpeter Lecture August 26, 2019 18:00 to 19:15 Location: University Place - Lecture Theatre B Session Chair: Kjetil Storesletten, University of Oslo kjetil.storesletten@gmail.com Session type: EEA invited Household Balance Sheets and Credit Cycles Presented by: Veronica Guerrieri, University of Chicago Session 69: POSTER SESSION August 27, 2019 9:00 to 17:45 Location: University Place - The Drum Session Chair: Karamfil Todorov, The London School of Economics (LSE) k.todorov@lse.ac.uk Session type: EEA contributed Attentional Role of Quota Implementation Presented by: Sergei Mikhalishchev, CERGE-EI Social Pension and Labor Supply Responses: Evidence from the New Rural Social Pension in China Presented by: Yingying Zhang, Lancaster University Economic Rewards versus Economic Sanctions in International Relations Presented by: Boris Brekhov, Free University of Berlin The Heterogeneous Effect of Retirement on Informal Care Behavior Presented by: Julien Bergeot, Université de Cergy Pontoise Monetary Policy, Excess Reserves and Credit Supply: Old-style vs New-Style Central Banking Presented by: Mauricio Salgado Moreno, Humboldt-Universität zu Berlin Quantify the Quantitative Easing: Impact on Bonds and Corporate Debt Issuance Presented by: Karamfil Todorov, The London School of Economics (LSE) Session 70: Banks and Sovereign Debt August 27, 2019 9:00 to 10:15 Location: University Place - 4.209 Session Chair: Fridrik Baldursson, Reykjavik University, School of Business fmb@ru.is Session type: EEA contributed Supply or demand? Firms’ access to finance during the European sovereign debt crisis Presented by: Donata Faccia, European Central Bank and Trinity College Dublin Banks’ holdings of risky sovereign bonds in the absence of the nexus – yield seeking with central bank funding or de-risking? Presented by: Rainer Frey, Deutsche Bundesbank The Political Economy of Capital Controls: The Case of Iceland Presented by: Fridrik Baldursson, Reykjavik University, School of Business Session 71: Behavioural Decision Making August 27, 2019 9:00 to 10:15 Location: University Place - 3.213 Session Chair: Adrian Bruhin, University of Lausanne adrian.bruhin@unil.ch Session type: EEA contributed Source-Dependent Preferences Presented by: Julian Hackinger, Technical University of Munich When Pledges Meet Meaning – A Crowdfunding Story Presented by: Jonathan Bezalel, University of Leicester Risk and Rationality: The Relative Importance of Probability Weighting and Choice Set Dependence Presented by: Adrian Bruhin, University of Lausanne Session 72: Business Cycles and Incomplete Markets August 27, 2019 9:00 to 10:15 Location: University Place - 2.220 Session Chair: Wei Cui, University College London w.cui@ucl.ac.uk Session type: EEA contributed Simple Analytics of the Government Expenditure Multiplier in Economy with Heterogeneous Households Presented by: Pawel Kopiec, National Bank of Poland Job Risk, Separation Shocks and Household Asset Allocation Presented by: Kieran Larkin, UCL Quantitative Easing Presented by: Wei Cui, University College London Session 73: Climate Change - Discounting and Carbon Budgets August 27, 2019 9:00 to 10:15 Location: Jean McFarlane - 2.325 Session Chair: Peter Hammond, University of Warwick p.j.hammond@warwick.ac.uk Session type: EEA contributed Global Unanimity Agreement on the Carbon Budget Presented by: Humberto Llavador, Universitat Pompeu Fabra Discounting the Future: on Climate Change, Ambiguity Aversion and Epstein-Zin preferences Presented by: Stan Olijslagers, University of Amsterdam Should We Discount the Welfare of Future Generations? Ramsey and Suppes versus Koopmans and Arrow Presented by: Peter Hammond, University of Warwick Session 74: Financing Entrepreneurs August 27, 2019 9:00 to 10:15 Location: University Place - 4.205 Session Chair: Pierluca Pannella, Sao Paulo School of Economics - FGV pierluca.pannella@fgv.br Session type: EEA contributed Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies Presented by: Vadym Volosovych, Erasmus University Rotterdam Bank Funding and the Survival of Startups Presented by: Luisa Farinha, The housing boom and selection into entrepreneurship Presented by: Pierluca Pannella, Sao Paulo School of Economics - FGV Session 75: Firm Dynamics Over The Business Cycle August 27, 2019 9:00 to 10:15 Location: University Place - 4.213 Session Chair: Gian Luca Clementi, New York University gclement@stern.nyu.edu Session type: EEA contributed The Real Effects of Zombie Lending in Europe Presented by: Belinda Tracey, Bank of England Cyclical Behavior of Markups: Theory and Firm-level Evidence Presented by: Angela Capolongo, Université Libre de Bruxelles Firm Demographics and the Great Recession Presented by: Gian Luca Clementi, New York University Session 76: Gender Wage Differentials August 27, 2019 9:00 to 10:15 Location: University Place - 1.219 Session Chair: Andrea Moro, Università Ca' Foscari di Venezia and Vanderbilt University andrea@andreamoro.net Session type: EEA contributed PAY AND JOB RANK AMONGST ACADEMIC ECONOMISTS IN THE UK: IS GENDER RELEVANT? Presented by: Karen Mumford, University of York Gender Earnings Gaps among Hollywood Stars Presented by: Sofia Izquierdo Sanchez, University of Huddersfield Testing for Asymmetric Employer Learning and Statistical Discrimination Presented by: Andrea Moro, Università Ca' Foscari di Venezia and Vanderbilt University Session 77: Housing and Mortgages August 27, 2019 9:00 to 10:15 Location: University Place - 2.217 Session Chair: Celso Brunetti, Federal Reserve Board Celso.Brunetti@FRB.gov Session type: EEA contributed Income Inequality, Mortgage Debt and House Prices Presented by: Sevim Kosem, London School of Economics Mortgage Defaults, Bank Runs, and Regulation in a Housing Economy Presented by: Marcus Ingholt, University of Copenhagen Mortgage Rates and Credit Risk: Evidence from Mortgage Pools Presented by: Celso Brunetti, Federal Reserve Board Session 78: Inflation Expectations and and Inflation Dynamics August 27, 2019 9:00 to 10:15 Location: University Place - 2.219 Session Chair: Damjan Pfajfar, Board of Governors of the Federal Reserve System damjan.pfajfar@frb.gov Session type: EEA contributed Inflation news and euro area inflation expectations Presented by: Sebastian Werner, Zeitfenster Economics Consultancy Learning Under Multiple Public Information Sets Presented by: Manuel Mosquera-Tarrio, University of Manchester Inflation and Deflationary Bias in Inflation Expectations Presented by: Damjan Pfajfar, Board of Governors of the Federal Reserve System Session 79: Internalities August 27, 2019 9:00 to 10:15 Location: Jean McFarlane - G306 b Session Chair: Andreas Gerster, University of Mannheim gerster@uni-mannheim.de Session type: EEA contributed Can Sin Taxes Help Consumers with Low Self-Control? Evidence from Danish Soft Drink Tax Reforms Presented by: Renke Schmacker, DIW Berlin Inattention and the Taxation Bias Presented by: Jeremy Boccanfuso, Paris school of Economics Correct Me if You Can - Optimal Non-Linear Taxation of Internalities Presented by: Andreas Gerster, University of Mannheim Session 80: IO in Finance August 27, 2019 9:00 to 10:15 Location: University Place - 3.211 Session Chair: Michael Hellwig, ZEW Mannheim hellwig@zew.de Session type: EEA contributed Central Counterparty Capitalization and Misaligned Incentives Presented by: Wenqian Huang, Two-sided Market, R&D and Payments System Evolution Presented by: Zhu Wang, Federal Reserve Bank of Richmond Agony of Choice – Trading off Stability and Competition in the Banking Markets Presented by: Michael Hellwig, ZEW Mannheim Session 81: Local Public Finance I August 27, 2019 9:00 to 10:15 Location: Williamson Building - Room G.03 Session Chair: Greg Howard, University of Illinois at Urbana-Champaign glhoward@illinois.edu Session type: EEA contributed The real effects of land use regulation: quasi-experimental evidence from a discontinuous policy variation Presented by: Marco Fregoni, University of Milan Property Tax Capitalization: Quasi-Experimental Evidence Presented by: Tuukka Saarimaa, Aalto University Closing Time: The Local Amenity Effects of Prohibition Presented by: Greg Howard, University of Illinois at Urbana-Champaign Session 82: Mechanism Design and Implementation August 27, 2019 9:00 to 10:15 Location: Jean McFarlane - 2.327 Session Chair: Jon Eguia, Michigan State University eguia@msu.edu Session type: EEA contributed Strategically Simple Mechanisms Presented by: Tilman Borgers, University of Michigan Mechanism Design with Limited Commitment, Presented by: Vasiliki Skreta, UT Austin and University College London Implementation by Vote Buying Mechanisms Presented by: Jon Eguia, Michigan State University Session 83: Media and Politics: Theory August 27, 2019 9:00 to 10:15 Location: Williamson Building - Room G.47 Session Chair: Konstantin Sonin, University of Chicago ksonin@gmail.com Session type: EEA contributed The Newsroom Dilemma. Media Competition, Speed and the Quality of Journalism Presented by: Ayush Pant, University of Warwick Big Data and Democracy Presented by: Freek Van Gils, Tilburg University Media Freedom in the Shadow of a Coup Presented by: Konstantin Sonin, University of Chicago Session 84: Migration August 27, 2019 9:00 to 10:15 Location: University Place - 4.211 Session Chair: Bastien Alvarez, ENS Paris Saclay, University Paris Saclay bastien_alvarez@hotmail.com Session type: EEA contributed Old sins cast long shadows: The Long-term impact of the resettlement of the Sudetenland on residential migration Presented by: Peter Huber, Austrian Institute of Economic Research Immigration And The Fear Of Unemployment: Evidence From Individual Perceptions In Italy Presented by: Eleonora Porreca, Bank of Italy Labour mobility and skill heterogeneity in Europe Presented by: Bastien Alvarez, ENS Paris Saclay, University Paris Saclay Session 85: Regulation and Mergers August 27, 2019 9:00 to 10:15 Location: University Place - 3.209 Session Chair: Flavio Toxvaerd, University of Cambridge fmot2@cam.ac.uk Session type: EEA contributed Mergers after Deregulation: What about Price Effects in the Long-Distance Bus Industry in France? Presented by: Patrice Bougette, Université Côte d'Azur, CNRS, GREDEG, France Upstream mergers and downstream timing of technology adoption Presented by: Alexis Larousse, CREST - Ecole Polytechnique REGULATORY COMPETITION Presented by: Flavio Toxvaerd, University of Cambridge Session 86: Search and Matching in Labour Markets August 27, 2019 9:00 to 10:15 Location: University Place - 3.204 Session Chair: Sena Coskun, University of Mannheim sena.coskun@uni-mannheim.de Session type: EEA contributed Search Frictions and Wage Dispersion Presented by: Yikai Wang, University of Oslo The Costs of Mismatch Presented by: Richard Holt, University of Edinburgh Young, Educated, Unemployed Presented by: Sena Coskun, University of Mannheim Session 87: Banking: Theory August 27, 2019 9:00 to 10:15 Location: University Place - 3.205 Session Chair: Kalin Nikolov, European Central Bank knikolov2@gmail.com Session type: ES contributed Market Discipline under Financial Contagion Presented by: Takeshi Nakata, Niigata University On Banking Regulation and Lobbying Presented by: Stylianos Papageorgiou, University of Cyprus Bank Risk Taking and Twin Defaults Presented by: Kalin Nikolov, European Central Bank Session 88: Climate and Environmental Economics II August 27, 2019 9:00 to 10:15 Location: Jean McFarlane - 2.326 Session Chair: Holger Strulik, University of Goettingen holger.strulik@wiwi.uni-goettingen.de Session type: ES contributed Prices vs. Quantities with Multiple Countries Presented by: Torben Mideksa, Uppsala University Regulatory Spillover and Climate Co-benefits: Evidence from the New Source Review Lawsuits Presented by: Yichen Christy Zhou, Clemson University Hyperbolic Discounting and the Time-Consistent Solution of Three Canonical Environmental Problems Presented by: Holger Strulik, University of Goettingen Session 89: Contributions to Time Series Analysis August 27, 2019 9:00 to 10:15 Location: University Place - 4.204 Session Chair: FARSHID Vahid, Monash University farshid.vahid@monash.edu Session type: ES contributed When Simplicity Offers a Benefit, Not a Cost: Closed-Form Estimation of the GARCH(1,1) Model that Enhances the Efficiency of Quasi-Maximum Likelihoo Presented by: Todd Prono, Federal Reserve Board On asymptotic risk of selecting models for possibly non-stationary time-series Presented by: Chor-yiu (CY) SIN, National Tsing Hua University Global temperatures and green house gases - A common features approach Presented by: FARSHID Vahid, Monash University Session 90: Corporate Finance August 27, 2019 9:00 to 10:15 Location: University Place - 3.210 Session Chair: Serafeim Tsoukas, University of Glasgow serafeim.tsoukas@glasgow.ac.uk Session type: ES contributed The Impact of Derivative Disclosures on Managerial Opportunism: Evidence from Insider Trades and Stock Price Crash Risk Presented by: Guanming He, Durham University The role of the sovereign debt crisis and financial development in trade credit: Evidence from the euro area Presented by: Serafeim Tsoukas, University of Glasgow Session 91: Efficient Mechanism Design August 27, 2019 9:00 to 10:15 Location: University Place - 4.210 Session Chair: Nuh Aygun Dalkiran, Bilkent University dalkiran@gmail.com Session type: ES contributed Strategy-proofness and Efficiency for Submodular and Supermodular preferences without Quasi-linearity Presented by: Hiroki Shinozaki, Osaka University Efficient Incentives in Social Networks: Gamification and the Coase Theorem Presented by: Thomas Daske, TUM School of Management, Technical University of Munich Behavioral Implementation under Incomplete Information Presented by: Nuh Aygun Dalkiran, Bilkent University Session 92: Info-Metrics for Modelling and Inference August 27, 2019 9:00 to 10:15 Location: University Place - 4.206 Session Chair: Alastair Hall, University of Manchester alastair.hall@manchester.ac.uk Session type: ES contributed Information, Modeling and Inference: The Info-Metrics Framework Presented by: Amos Golan, American University and Santa Fe Institute Info-metric Methods for the Estimation of Models with Group-Specific Moment Conditions Presented by: Alastair Hall, University of Manchester An Information-Theoretic Asset Pricing Model Presented by: Christian Julliard, London School of Economics Session 93: Interest Rate Determinants August 27, 2019 9:00 to 10:15 Location: University Place - 3.212 Session Chair: Indrajit Mitra, University of Michigan imitra@umich.edu Session type: ES contributed A shadow rate without a lower bound constraint Presented by: Rafael De Rezende, Bank of England Money Illusion and TIPS Demand Presented by: Abraham Lioui, EDHEC Business School A Labor Market-Based Theory of Interest Rates Presented by: Indrajit Mitra, University of Michigan Session 94: Learning and Experimentation II August 27, 2019 9:00 to 10:15 Location: University Place - 4.212 Session Chair: Ryoji Sawa, University of Tsukuba ryojis@gmail.com Session type: ES contributed Bandits in the Lab Presented by: Johannes Hoelzemann, University of Toronto. Non-Bayesian Social Learning and the Spread of Misinformation in Networks Presented by: Sebastiano Della Lena, Ca' Foscari University of Venice A Stochastic Stability Analysis with Observation Errors in Normal Form Games Presented by: Ryoji Sawa, University of Tsukuba Session 95: Macroeconomics: Culture, Social Status and Aspirations and Inequality August 27, 2019 9:00 to 10:15 Location: University Place - 3.214 Session Chair: Minchul Yum, University of Mannheim minchul.yum@gmail.com Session type: ES contributed Inequality, Credit, and Crises: The Role of Culture Presented by: Oliver Schulz, University of Muenster The Effect of Aspirations on Inequality: Evidence from the German Reunification using Bayesian Growth Incidence Curves Presented by: Edwin FOURRIER-NICOLAÏ, Aix-Marseille University Status Externalities and Low Birth Rates in Korea Presented by: Minchul Yum, University of Mannheim Session 96: Misallocation and Micro-Development August 27, 2019 9:00 to 10:15 Location: Jean McFarlane - 2.324 Session Chair: Michel Dummar Azulai, Institute for Fiscal Studies michel.azulai@ifs.org.uk Session type: ES contributed Reassessing the Privatization and Role of State-Owned Regional Banks in Brazil Presented by: Camila Campos, Insper Taxation and Supplier Networks: Evidence from India Presented by: Lucie Gadenne, University of Warwick The Welfare Costs of Political Connections: Evidence from Brazilian Matching Grants Presented by: Michel Dummar Azulai, Institute for Fiscal Studies Session 97: Monetary Policy: Long Run Issues August 27, 2019 9:00 to 10:15 Location: University Place - 4.214 Session Chair: Jason Choi, University of Wisconsin-Madison jason.choi@wisc.edu Session type: ES contributed Monetary Policy, Markup Dispersion, and Aggregate TFP Presented by: Timo Reinelt, University of Mannheim Managing GDP Tail Risk Presented by: Thibaut Duprey, Bank of Canada Optimal Monetary Policy Regime Switches Presented by: Jason Choi, University of Wisconsin-Madison Session 98: Sovereign Debt and Default August 27, 2019 9:00 to 10:15 Location: University Place - 2.218 Session Chair: Istvan Konya, Hungarian Academy of Sciences konya9@gmail.com Session type: ES contributed Sovereign Debt Restructurings Presented by: Juan Sanchez, Federal Reserve Bank of St. Louis The Duration of Sovereign Default Presented by: Jie Luo, Tsinghua University Interest premium and external position: a state dependent approach Presented by: Istvan Konya, Hungarian Academy of Sciences Session 99: Aspirations, Skills, and Policies: Women’s Success in the Labour Market August 27, 2019 10:45 to 12:45 Location: Kilburn Building - 1.1 Session Chair: Nicola Fuchs-Schündeln, Goethe University Frankfurt fuchs@wiwi.uni-frankfurt.de Session type: EEA invited The “End of Men” and Rise of Women in the High-Skilled Labor Market Presented by: Matias Cortes, York University Gender Promotion Gaps: Career Aspirations and Early Workplace Experiences Presented by: Ghazala Azmat, Sciences Po Female Leadership and Gender Gap within Firms: Evidence from an Italian Board Reform Presented by: Andrea Weber, Central European University Session 100: Heterogeneity in Macroeconomics August 27, 2019 10:45 to 12:45 Location: Simon Building - Theatre B Session Chair: Benjamin Moll, Princeton University moll@princeton.edu Session type: EEA invited Shocks and Frictions in Business Cycles with Heterogeneous Agents Presented by: Ralph Luetticke, University College London The Matching Multiplier and the Amplification of Recessions Presented by: Christina Patterson, Massachusetts Institute of Technology Saving Behavior Across the Wealth Distribution Presented by: Benjamin Moll, Princeton University Session 101: Capital Income and Taxes August 27, 2019 10:45 to 12:45 Location: Simon Building - Theatre E Session Chair: Rachel Griffith, IFS rgriffith@ifs.org.uk Session type: EEA invited Quantifying the Effect of Market Power Presented by: Jan Eeckhout, University College London and Barcelona Capitalists in the Twenty-First Century Presented by: Eric Zwick, University of Chicago Intertemporal Income Shifting and Taxing Owners of Closely Held Businesses Presented by: Kate Smith, Institute for Fiscal Studies Session 102: Social Interactions in Political Economy August 27, 2019 10:45 to 12:45 Location: Simon Building - Theatre D Session Chair: Noam Yuchtman, N.Yuchtman@lse.ac.uk Session type: EEA invited Homophily and the Formation of Online Social Networks Presented by: Maria Petrova, New Economic School Technology Adoption and Access to Credit via Mobile Phones Presented by: Andrea Tesei, Queen Mary What Motivates Protesters? Evidence from Right Wing Protests and Counterprotests Presented by: Christopher Roth, Institute on Behavior and Inequality Session 103: Decisions in Markets and Organizations August 27, 2019 10:45 to 12:45 Location: Simon Building - Theatre A Session Chair: Rafael Repullo, CEMFI repullo@cemfi.es Session type: ES invited Resource Allocation across Fields: Proportionality, Demand Relativity, and Benchmarking Presented by: Marco Ottaviani, Bocconi University Overconfidence and Prejudice Presented by: Botond Koszegi, Central European University Session 104: Experimental Economics August 27, 2019 10:45 to 12:45 Location: Simon Building - Theatre C Session Chair: Claudio Michelacci, EIEF c.michelacci1968@gmail.com Session type: ES invited Preferences for Truth-Telling Presented by: Johannes Abeler, University of Oxford The Gig Economy and Productivity: Field Experiments at a Ride-Sharing Platform Presented by: Yan Chen, University of Michigan Session 105: Micro and Macro Forecasting August 27, 2019 10:45 to 12:45 Location: University Place - Lecture Theatre A Session Chair: Valentina Corradi, University of Surrey v.corradi@surrey.ac.uk Session type: ES invited Economic Predictions with Big Data: The Illusion of Sparsity Presented by: Giorgio Primiceri, Northwestern University Panel Data Forecasting Presented by: Frank Schorfheide, University of Pennsylvania Session 106: Banks’ Capital Structure and Regulation August 27, 2019 14:15 to 16:00 Location: University Place - 3.204 Session Chair: Andreas Barth, Goethe University Frankfurt / SAFE andreas.barth@finance.uni-frankfurt.de Session type: EEA contributed Games of Regulatory Competition in Banking: A General Equilibrium Approach Presented by: Stylianos Papageorgiou, University of Cyprus Bank capital and liquidity transformation Presented by: Quynh-Anh Vo, Bank of England Mind the Conversion Risk: a Theoretical Assessment of Contingent Convertible Bonds Presented by: Gaëtan Le Quang, Bank Competition for Wholesale Funding: Evidence from Corporate Deposits Presented by: Andreas Barth, Goethe University Frankfurt / SAFE Session 107: Causes and Consequences of Conflict and Violence August 27, 2019 14:15 to 16:00 Location: University Place - 2.220 Session Chair: Nauro Campos, Brunel University London nauro.campos@brunel.ac.uk Session type: EEA contributed Highways to Hell are Paved with Good Intentions: Road Building and Violence in Iraq Presented by: Tamar Gomez, Imperial College A firm level perspective on the trade effects of terrorist attacks Presented by: Alessia Lo Turco, Università Politecnica delle Marche The role of conflict in sex discrimination: The case of missing girls Presented by: Anna Minasyan, University of Groningen Bringing Peace from Above: State Capacity, Civil War De-Escalation and The Composition of the Stock of Military Equipment Presented by: Nauro Campos, Brunel University London Session 108: Central Bank Asset Purchases August 27, 2019 14:15 to 16:00 Location: Kilburn Building - 1.5 Session Chair: Bernd Schwaab, European Central Bank bernd.schwaab@ecb.int Session type: EEA contributed Quantify the Quantitative Easing: Impact on Bonds and Corporate Debt Issuance Presented by: Karamfil Todorov, LSE (London School of Economics and Political Science) Do zero and sign restricted SVARs identify unconventional monetary policy shocks in the euro area? Presented by: Adam Elbourne, CPB Netherlands Bureau for Economic Policy Analysis Inspecting the Mechanism of Quantitative Easing in the Euro Area Presented by: Benoit Nguyen, Banque de France Risk endogeneity at the lender/investor-of-last-resort Presented by: Bernd Schwaab, European Central Bank Session 109: Communication and Private Information August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.327 Session Chair: Raghul Venkatesh, Aix-Marseille University rsvecon@gmail.com Session type: EEA contributed Optimal Reputation Dynamics Presented by: Julia Salmi, Aalto University Eliciting information efficiently from minds and machines Presented by: Michael Mandler, University of London Royal Holloway Coll Communication and Commitment with Constraints: An Application to International Alliances Presented by: Raghul Venkatesh, Aix-Marseille University Session 110: Corruption and the Rise of Extremism August 27, 2019 14:15 to 16:00 Location: Simon Building - Theatre D Session Chair: Carlos Sanz, Bank of Spain carlossanz@bde.es Session type: EEA contributed EXTREMISM AND CORRUPTION Presented by: Antonio Nicolo, University of Padova, Italy Direct Democracy and Political Extremism Presented by: Nicolas Schreiner, University of Basel Crony capitalism as an Electoral Outcome Presented by: Dmitriy Veselov, Higher School of Economics Economic hardship, political corruption, and the emergence of challenger parties: Evidence from the Great Recession in Spain Presented by: Carlos Sanz, Bank of Spain Session 111: Credit Intermediation and Crises August 27, 2019 14:15 to 16:00 Location: University Place - 3.209 Session Chair: Arzu Uluc, Bank of England arzu.uluc@bankofengland.co.uk Session type: EEA contributed Wealth and Financial Crises: The Collateral Channel Presented by: Zehao Liu, Renmin University of China Did bank lending stifle innovation in Europe during the Great Recession? Presented by: Davide Romelli, Trinity College Dublin Credit risk in commercial real estate bank loans: the role of idiosyncratic versus macro-economic factors Presented by: Rob Nijskens, Tilburg University Did Pre-crisis Residential Mortgage Lending Limit Post-crisis Corporate Lending? Evidence from UK Bank Balance Sheets Presented by: Arzu Uluc, Bank of England Session 112: EIB Session on Investment August 27, 2019 14:15 to 16:00 Location: University Place - 3.211 Session Chair: Christoph Weiss, European Investment Bank c.weiss@eib.org Session type: EEA contributed When good managers face bad incentives: Management quality and energy intensity in the presence of price distortions Presented by: Helena Schweiger, EBRD Do IFIs make a difference? The impact of EIB lending support to SMEs in Central and Eastern Europe during the global financial crisis Presented by: Aron Gereben, European Investment Bank The Bang for the Buck of R&D Tax Credits Presented by: Matej Bajgar, OECD Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions Presented by: Christoph Weiss, European Investment Bank Session 113: Experiments on Morality August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 b Session Chair: Nadine Chlass, University of Jena nadinechlass@yahoo.de Session type: EEA contributed Normative Perception of Power Abuse Presented by: Wladislaw Mill, University of Mannheim The (In)Elasticity of Moral Ignorance Presented by: Nora Szech, Karlsruhe Institute of Technology A theoretical and experimental examination of perceived expertise and dishonesty Presented by: Miguel Fonseca, University of Exeter Preferences for fair competition Presented by: Nadine Chlass, University of Jena Session 114: Fiscal Policy August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 a Session Chair: Orhan Erem Atesagaoglu, Istanbul Bilgi University eremates@gmail.com Session type: EEA contributed Optimal Capital Taxation with Incomplete Markets and Schumpeterian Growth Presented by: Marco Cozzi, University of Victoria Dynamic fiscal limits and monetary-fiscal policy interactions Presented by: Luca Zavalloni, Central Bank of Ireland Optimal Fiscal Policy without Commitment: Beyond Lucas-Stokey Presented by: Ricardo Nunes, University of Surrey Technology Capital and the Taxation of Multinational Corporations Presented by: Orhan Erem Atesagaoglu, Istanbul Bilgi University Session 115: Gender August 27, 2019 14:15 to 16:00 Location: Williamson Building - Room G.03 Session Chair: Max Brüning, Maastricht University m.bruning@maastrichtuniversity.nl Session type: EEA contributed The impact of temperature shocks on conception rates Presented by: Tamas Hajdu, Centre for Economic and Regional Studies Social Norms and the Gender Gap in Expected Labor Market Participation during Parenthood Presented by: Elisabeth Grewenig, Mind the absent gap: Gender-specific competitiveness in non-professional sports Presented by: Alexander Straub, Leibniz Universität Hannover Trading off different life domains? An analysis of the individual returns to migration Presented by: Max Brüning, Maastricht University Session 116: Health Determinants August 27, 2019 14:15 to 16:00 Location: Williamson Building - Room G.47 Session Chair: Alexandre GODZINSKI, French Ministry of Environment-CREST alexandre.godzinski@ensae.fr Session type: EEA contributed Medical Marijuana Laws and Mental Health in the United States Presented by: Jörg Kalbfuss, University of Cambridge Alcohol availability and alcohol-attributable mortality: Evidence from administrative data Presented by: Relika Stoppel, University of Potsdam Vaccines at Work Presented by: Adrian Chadi, University of Konstanz Short-term health effects of public transport perturbations: air pollution and viral spread channels Presented by: Alexandre GODZINSKI, French Ministry of Environment-CREST Session 117: International Prices August 27, 2019 14:15 to 16:00 Location: University Place - 4.205 Session Chair: Bernhard Mahlberg, Institute for Industrial Research bernhard.mahlberg@wu.ac.at Session type: EEA contributed Long Run Price or Variety Convergence? Presented by: Leandro Zipitria, FCS - UdelaR Anticipation, Habits, and Dynamic Welfare Gains from Trade Presented by: Povilas Lastauskas, CEFER Price Discrimination in International Trade: Empirical Evidence and Theory Presented by: Sergii Meleshchuk, IMF Analysing Price Competitiveness in the European Single Market: A Decomposition of Inflation Differentials based on Leontief Input-Output Price models Presented by: Bernhard Mahlberg, Institute for Industrial Research Session 118: International Shock Transmission August 27, 2019 14:15 to 16:00 Location: University Place - 4.209 Session Chair: Matteo Cacciatore, HEC Montreal matteo.cacciatore@hec.ca Session type: EEA contributed Distance(s) and the Volatility of International Trade(s) Presented by: Cedric Tille, Graduate Institute of International and China's macroeconomic policies and spillover effects Presented by: Julia Niemeläinen, Trade Flows and Fiscal Multipliers Presented by: Matteo Cacciatore, HEC Montreal Session 119: Macroeconomic and Financial Cycles August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.323 Session Chair: Chiara Scotti, Federal Reserve Board chiara.scotti@frb.gov Session type: EEA contributed Estimating the Impact of the Financial Cycle on Fiscal Policy Presented by: Beau Soederhuizen, Netherlands bureau for economic policy analysis Global Financial Cycles since 1880 Presented by: Galina Potjagailo, Kiel Institute for the World Economy Macro-Financial Interactions in a Changing World Presented by: Eddie Gerba, Danmarks Nationalbank and London School of Economics Uncertainty and Financial Stability: a VAR analysis Presented by: Chiara Scotti, Federal Reserve Board Session 120: Minimum Wages and Low Pay August 27, 2019 14:15 to 16:00 Location: University Place - 3.213 Session Chair: Patrick Burauel, DIW Berlin pburauel@diw.de Session type: EEA contributed The Impact of Minimum Wages on Wages and Employment: Evidence from Greece Presented by: Andreas Georgiadis, Brunel University Minimum Wages, Employment And Prices – A Case Study Of The Hairdressing Industry Presented by: Max Kunaschk, Institute for Employment Research (IAB) "Minimum Wages and Automation - an Empirical Analysis for Germany" Presented by: Kristina Zapp, ZEW Mannheim The German Minimum Wage and Wage Growth: Heterogeneous Treatment Effects using Causal Forests Presented by: Patrick Burauel, DIW Berlin Session 121: Modelling Monetary Policy August 27, 2019 14:15 to 16:00 Location: Kilburn Building - 1.3 Session Chair: Gee Hee Hong, IMF hong.geehee@gmail.com Session type: EEA contributed Taylor Rule Estimation by OLS Presented by: Tiago Tristao, Genial Investimentos Designing Robust Monetary Policy Using Prediction Pools Presented by: Szabolcs Deák, University of Surrey Sticky prices and the transmission mechanism of monetary policy: A minimal test of New Keynesian models Presented by: Timo Haber, University of Cambridge From Micro to Macro: A New Methodology to Discriminate Among Models Presented by: Gee Hee Hong, IMF Session 122: Monetary Policy and Housing August 27, 2019 14:15 to 16:00 Location: Kilburn Building - 1.4 Session Chair: Fergus Cumming, Bank of England fergus.cumming@bankofengland.co.uk Session type: EEA contributed Monetary policy transmission to mortgages in a negative interest rate environment Presented by: Dimitris Georgarakos, ECB Monetary Policy Normalisation and Mortgage Arrears in a Recovering Economy - The case of the Irish Residential Market Presented by: Rachel Slaymaker, Economic and Social Research Institute Multi-period loans, occasionally binding constraints and monetary policy: a quantitative evaluation Presented by: Michał Brzoza-Brzezina, Narodowy Bank Polski The Role of Borrowing Constraints in the Transmission of Monetary Policy Presented by: Fergus Cumming, Bank of England Session 123: Private-Public Sector Interactions August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.329 Session Chair: Elias Steiner, University of Lucerne elias.steiner@unilu.ch Session type: EEA contributed Enforcing Public-Private Partnership Contract: How do Fiscal Institutions Matter? Presented by: Manabu Nose, The University of Tokyo Can Entry Mitigate the Effect of Inflated Reserve Prices in Public Procurement? Presented by: Vitalijs Jascisens, National Research University Higher School of Economics The Poverty Impact of Informal Sector Policies Presented by: Elias Steiner, University of Lucerne Session 124: Retirement August 27, 2019 14:15 to 16:00 Location: University Place - 2.217 Session Chair: Rebecca Schrader, Friedrich-Alexander-University Erlangen-Nürnberg rebecca.schrader@fau.de Session type: EEA contributed Schooling Responses To Social Pension: The Evidence From Thailand Old Age Allowance Program Presented by: Patima Chongcharoentanawat, Maastricht University Couples' and Singles' Savings After Retirement Presented by: Rory McGee, University College London/IFS Belief Updating and Information Provision: Evidence from Pension Reforms Presented by: Ben Etheridge, University of Essex Labor market effects of early retirement reforms Presented by: Rebecca Schrader, Friedrich-Alexander-University Erlangen-Nürnberg Session 125: Returns to School Inputs and Policies August 27, 2019 14:15 to 16:00 Location: University Place - 2.219 Session Chair: Johanna Kemper, KOF Swiss Economic Institute kemper@kof.ethz.ch Session type: EEA contributed The Long-Term Effects of Long Terms. Compulsory Schooling Reforms in Sweden Presented by: Therese Nilsson, Lund university and the Research Institu Labor market returns to vocational secondary education Presented by: Hanna Virtanen, Elinkeinoelämän tutkimuslaitos (ETLA) Higher Education and Financial Behavior - The effect of studying mathematics and economics on debt behavior Presented by: Kristoffer Hvidberg, University of Copenhagen Evaluating the Impact of General Versus Vocational Education on Labor Market Outcomes in Egypt by Means of a Regression Discontinuity Design Presented by: Johanna Kemper, KOF Swiss Economic Institute Session 126: Sovereign Debt August 27, 2019 14:15 to 16:00 Location: University Place - 4.211 Session Chair: Kerstin Bernoth, DIW kbernoth@diw.de Session type: EEA contributed Limited Participation and Local Currency Sovereign Debt Presented by: Kirill Shakhnov, Einaudi Institute for Economics and Fina Preferential Treatment in the Sovereign Debt Market: Evidence from Bond Mutual Funds Presented by: Nathan Converse, Federal Reserve Board Sovereign Bonds since Waterloo Presented by: Josefin Meyer, Kiel Institute for the World Economy Exchange Rates, Foreign Currency Exposure and Sovereign Risk Presented by: Kerstin Bernoth, DIW Session 127: Tax Evasion I August 27, 2019 14:15 to 16:00 Location: University Place - 4.213 Session Chair: Kristina Strohmaier, University of Tübingen k.strohmaier@uni-tuebingen.de Session type: EEA contributed Tax Evasion on a Social Network Presented by: Duccio Gamannossi degl'Innocenti, Catholic University of the Sacred Heart, Milan Spatial Tax Enforcement Spillovers: Evidence from South Africa Presented by: Nadine Riedel, Ruhr-Universität Bochum Decomposing the Declining Effective Tax Rates of Multinational Corporations Presented by: Petr Janský, Charles University in Prague Combatting Tax Evasion: Evidence from Comparing Commercial and Business Tax Registry Presented by: Kristina Strohmaier, University of Tübingen Session 128: Trading Firms August 27, 2019 14:15 to 16:00 Location: University Place - 1.219 Session Chair: Peter Neary, University of Oxford peter.neary@economics.ox.ac.uk Session type: EEA contributed The Effects of Import Competition on Firms’ Environmental Efforts in a Developing Country Context Presented by: Seda Koymen Ozer, Baskent University Preparing to Export Presented by: Claudio Labanca, Monash University Trade Liberalization and Firm Investment: Evidence from Colombia Presented by: Yannick Timmer, IMF IO for Export(s) Presented by: Peter Neary, University of Oxford Session 129: Valuation, Preferences and Consequences of Pollution August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.325 Session Chair: Sefi Roth, London School of Economics s.j.roth@lse.ac.uk Session type: EEA contributed The causal effect of religious and environmental identity on green preferences: A combined priming and stated choice experiment Presented by: Daniel Engler, University of Kassel Fracking and Health-Related Absenteeism of Employees Presented by: Nicole Wägner, German Institute for Economic Research (DIW Berlin) Noise Pollution and Violence Presented by: Timo Hener, Aarhus University DIRTY DENSITY: AIR QUALITY AND THE DENSITY OF AMERICAN CITIES Presented by: Sefi Roth, London School of Economics Session 130: Asset Pricing Econometrics August 27, 2019 14:15 to 16:00 Location: University Place - 4.210 Session Chair: Anthony Neuberger, City, University of London Anthony.Neuberger.1@city.ac.uk Session type: ES contributed Discount Rates and Cash Flows: A Local Projection Approach Presented by: Henri Nyberg, University of Turku Extracting Statistical Factors When Betas Are Time-Varying Presented by: Hao Ma, Università della Svizzera italiana and Swiss Finance Institute Regularising the Factor Zoo with OWL: A Correlation-Robust Machine Learning Approach Presented by: Chuanping Sun, Queen Mary, University of London Dispersion of Asset Prices – an Axiomatic Definition Presented by: Anthony Neuberger, City, University of London Session 131: Communication August 27, 2019 14:15 to 16:00 Location: University Place - 2.218 Session Chair: Philippe Colo, PSE philippe.colo@psemail.eu Session type: ES contributed Strategic Interpretations Presented by: Heidi Thysen, LSE Prudence in Persuasion Presented by: Shintaro Miura, Kanagawa University Strategic transmission of imperfect information: Why revealing evidence (without proof) is difficult Presented by: Manuel Foerster, University of Hamburg What's the Science? Communication under Model Uncertainty Presented by: Philippe Colo, PSE Session 132: Econometrics of Macro Models August 27, 2019 14:15 to 16:00 Location: University Place - 4.212 Session Chair: Lisha Li, University of York lll509@york.ac.uk Session type: ES contributed Measuring Biases in Expectation Formation Presented by: Simas Kucinskas, University of Amsterdam Estimation and Inference in Adaptive Learning Models with Slowly Decreasing Gains Presented by: Alexander Mayer, WHU -- Otto von Beisheim School of Management Affine Term Structure Models with Stochastic Lower Bound:\\ An Application to Euro-Area OIS Rates Presented by: Jean-Paul RENNE, University of Lausanne Evaluating the Impact of the Federal Reserve's Purchase Programs: A Shadow Rate Term Structure Model Approach Presented by: Lisha Li, University of York Session 133: Economics of Networks August 27, 2019 14:15 to 16:00 Location: University Place - 1.218 Session Chair: Francis Bloch, Universite Paris I francis.bloch@psemail.eu Session type: ES contributed A Network Approach to Welfare Presented by: Nizar Allouch, University of Kent Targeting in Networks with Anonymized Information Presented by: Francis Bloch, Universite Paris I Capability Accumulation and Conglomeratization in the Information Age Presented by: Matthew Elliott, University of Cambridge The Myopic Stable Set for Social Environments Presented by: Jean-Jacques Herings, Maastricht University Session 134: Empirical Asset Pricing August 27, 2019 14:15 to 16:00 Location: University Place - 4.214 Session Chair: Alberto Quaini, University of Geneva alberto.quaini@unige.ch Session type: ES contributed Consumption Risk and the Cross-Section of Option Returns Presented by: Shuwen Yang, Alliance Manchester Business School Does index arbitrage distort market reaction to oil shocks? Presented by: Veronika Selezneva, CERGE-EI The Cross-Sectional Distribution of Fund Skill Measures Presented by: Oliver Scaillet, University of Geneve and Swiss Finance Institute Smart SDFs Presented by: Alberto Quaini, University of Geneva Session 135: Gains from Trade with Institutional and Market Frictions August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.324 Session Chair: Michal Szkup, University of British Columbia michal.szkup@ubc.ca Session type: ES contributed Optimal Dynamic Hotel Pricing Presented by: Sung-Jin Cho, Seoul National University Financial Development and Trade Liberalization Presented by: Michal Szkup, University of British Columbia Session 136: High-Dimensional Econometrics August 27, 2019 14:15 to 16:00 Location: University Place - 4.204 Session Chair: Whitney Newey, Massachusetts Institute of Technology wnewey@mit.edu Session type: ES contributed Synthetic Difference In Differences Presented by: Guido Imbens, Stanford University The Role of the Propensity Score in Fixed Effect Models Presented by: Dmitry Arkhangelsky, CEMFI Jackknife, small bandwidth and high-dimensional asymptotics Presented by: Taisuke Otsu, London School of Economics Learning L2-Continuous Regression Functionals via Regularized Riesz Representers Presented by: Whitney Newey, Massachusetts Institute of Technology Session 137: History and Household August 27, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.326 Session Chair: Yannick Dupraz, University of Warwick Y.Dupraz@warwick.ac.uk Session type: ES contributed Son Preference among Migrants in Canada: Sex-Selective Abortions, Stopping Behaviour and Birth Spacing Presented by: Marie-Claire Robitaille, Saint Mary's University Till debt do us part: strategic divorces and a test of moral hazard Presented by: Yeorim Kim, VU Amsterdam/ DNB / Tinbergen Institute Economic Consequences of the U.S. Convict Labor System Presented by: Mikhail Poyker, Columbia University Fatherless: The Long-Term Effects of Losing a Father in the U.S. Civil War Presented by: Yannick Dupraz, University of Warwick Session 138: Housing and Economic Fluctuations August 27, 2019 14:15 to 16:00 Location: University Place - 3.205 Session Chair: Michael Siemer, Federal Reserve Board michael.siemer@frb.gov Session type: ES contributed Understanding Housing Wealth Effects: Debt, Home Ownership and the Lifecycle Presented by: Fabian Greimel, University of Mannheim What Explains U.S. House Prices? Regional Income Divergence Presented by: Greg Howard, University of Illinois Multiple Credit Constraints and Time-Varying Macroeconomic Dynamics Presented by: Marcus Ingholt, University of Copenhagen The Real Effects of Credit Booms and Busts Presented by: Michael Siemer, Federal Reserve Board Session 139: Migration and the Labour Market August 27, 2019 14:15 to 16:00 Location: University Place - 3.210 Session Chair: Terje Skjerpen, Statistics Norway terje.skjerpen@ssb.no Session type: ES contributed Taxation and Job Mobility in Europe Presented by: Davud Rostam-Afschar, Universitaet Hohenheim The Effects of High-Skilled Immigrants on Natives’ Degree Attainment and Occupational Choices: An Analysis with Labor Market Equilibrium Presented by: Murat Demirci, Koç University A search and matching approach to business-cycle migration in the euro area Presented by: Janine Hart, University of Potsdam Search Behavior, Aggregate Rationality and the Discouraged Worker Effect Presented by: Terje Skjerpen, Statistics Norway Session 140: Monetary Policy and Asset Markets August 27, 2019 14:15 to 16:00 Location: University Place - 3.212 Session Chair: Cesaire Meh, Bank of Canada cmeh@bankofcanada.ca Session type: ES contributed Optimal Macroprudential Policy and Asset Price Bubbles Presented by: Lucyna Gornicka, International Monetary Fund Interest Rates Under Falling Stars Presented by: Glenn Rudebusch, San Francisco Fed Limited Liability, Asset Price Bubbles and the Credit Cycle: The Role of Monetary Policy Presented by: Michal Kejak, CERGE-EI Limited Nominal Indexation of Optimal Financial Contracts Presented by: Cesaire Meh, Bank of Canada Session 141: Repeated Games of Collusion: Empirical Analysis August 27, 2019 14:15 to 16:00 Location: University Place - 4.206 Session Chair: Alon Eizenberg, Hebrew University Jerusalem alon.eizenberg@mail.huji.ac.il Session type: ES contributed Estimating Markups with a Flexible Supply Model Presented by: Christopher Sullivan, University of Wisconsin-Madison Measuring the Incentive to Collude: The Vitamin Cartels, 1990-1999 Presented by: Mitsuru Igami, Yale University Oligopolistic Price Leadership and Mergers: An Empirical Model of the U.S. Beer Industry Presented by: Nathan Miller, Georgetown University Structure, Conduct, and Contact: Competition in Closely-Related Markets Presented by: Alon Eizenberg, Hebrew University Jerusalem Session 142: Theoretical Political Economy August 27, 2019 14:15 to 16:00 Location: University Place - 3.214 Session Chair: Thanh Le, Flinders University thanh.le@flinders.edu.au Session type: ES contributed Office-Holding Premia and Representative Democracy Presented by: Jan Auerbach, University of Exeter Constitutions, Federalism, and National Integration Presented by: M. Socorro Puy, Universidad de Málaga Rotation, Performance Rewards, and Property Rights Presented by: Weijia Li, Monash University Lobbying, political competition and the welfare effect of campaign contribution tax Presented by: Thanh Le, Flinders University Session 143: Climate Change - Response to Climate Shocks August 27, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.327 Session Chair: Casper Hansen, University of Copenhagen casper.worm.hansen@econ.ku.dk Session type: EEA contributed Disaster risks, disaster strikes, and economic growth: the role of preferences Presented by: Thomas Douenne, Paris School of Economics Climate change and bank lending: the case of flood risk in Italy Presented by: Filippo Natoli, Bank of Italy Climate, Mortality, and Adaptation: A Century of Weakly Evidence from London Presented by: Casper Hansen, University of Copenhagen Session 144: Economic and Political Effects of Refugees' Inflows August 27, 2019 16:30 to 17:45 Location: University Place - 3.211 Session Chair: Kathleen Kürschner Rauck, Otto von Guericke University Magdeburg kathleen.kuerschner@ovgu.de Session type: EEA contributed Immigration and electoral outcomes: Evidence from the 2015 refugee inflow to Germany Presented by: Julia Bredtmann, RWI - Leibniz Institute for Economic Res Refugee shelters, Neighbourhood Quality and Electoral Outcomes in Germany Presented by: Jakob Hennig, Toulouse School of Economics The 2015 European Refugee Crisis and Residential Housing Rents in Germany Presented by: Kathleen Kürschner Rauck, Otto von Guericke University Magdeburg Session 145: Determinants and Stability of Preferences August 27, 2019 16:30 to 17:45 Location: University Place - 1.219 Session Chair: Daniel Kamhöfer, University of Düsseldorf kamhoefer@dice.hhu.de Session type: EEA contributed Linguistics and time preferences: Are intertemporal trade-offs shaped by language? Presented by: Holger Herz, University of Fribourg Emotions, Risk Attitudes, and Patience Presented by: Armando Meier, University of Chicago Self-Control in a Representative Sample: Determinants and Life Outcomes Presented by: Daniel Kamhöfer, University of Düsseldorf Session 146: Fiscal Multipliers August 27, 2019 16:30 to 17:45 Location: University Place - 2.217 Session Chair: Mehmet Turgut, Bocconi University mehmet.turgut@phd.unibocconi.it Session type: EEA contributed Workers, Capitalists, and the Government: The Labor Share Response to Fiscal Spending Shocks Presented by: Cristiano Cantore, Bank of England Fiscal Multipliers and Sovereign Risk Presented by: Sara Restrepo, Universidad del Rosario Government Spending and Private Consumption: The Role of Confidence Presented by: Mehmet Turgut, Bocconi University Session 147: Global Banks August 27, 2019 16:30 to 17:45 Location: University Place - 3.204 Session Chair: Michael O'Grady, Central Bank of Ireland miogrady@tcd.ie Session type: EEA contributed Freeze! Financial sanctions and bank responses Presented by: Stefan Goldbach, Deutsche Bundesbank Bank business models as a driver of cross-border activities Presented by: Michael O'Grady, Central Bank of Ireland Session 148: Human Capital, Mismatch and Unemployment August 27, 2019 16:30 to 17:45 Location: University Place - 2.220 Session Chair: Simeon Alder, University of Wisconsin - Madison sdalder@wisc.edu Session type: EEA contributed Occupation-industry mismatch in the cross-section and the aggregate Presented by: Saman Darougheh, Danmarks Nationalbank Unionizing Non-Search Unemployment Presented by: Oskari Vähämaa, University of Turku The Allocation of Teaching Talent and Human Capital Accumulation Presented by: Simeon Alder, University of Wisconsin - Madison Session 149: Incentives and Biases in Corporate Finance August 27, 2019 16:30 to 17:45 Location: Williamson Building - Room G.03 Session Chair: Manisha Goel, Pomona College manisha.goel@pomona.edu Session type: EEA contributed Plough, Gender Bias and the Misallocation of Trade Credit Presented by: Jiafu An, University of Edinburgh Does the eye of the master make the horse fat? Maintenance of collateral and asset care under purchase and leasing contracts Presented by: Anna Maria Menichini, Università di Salerno and CSEF Firms of a Feather Merge Together: Cultural Proximity and M&A Outcomes Presented by: Manisha Goel, Pomona College Session 150: Incomplete Information and Search August 27, 2019 16:30 to 17:45 Location: University Place - 3.213 Session Chair: Karl Schlag, University of Vienna karl.schlag@univie.ac.at Session type: EEA contributed Partially Directed Search for Prices Presented by: Eeva Mauring, University of Vienna Search in Markets with Uncertain Product Availability Presented by: Atabek Atayev, University of Vienna Value of Information when Searching for a Secretary Presented by: Karl Schlag, University of Vienna Session 151: Interaction of Macroprudential Policy with Monetary Policy and Liquidity Regulation August 27, 2019 16:30 to 17:45 Location: University Place - 4.205 Session Chair: Kalin Nikolov, European Central Bank knikolov2@gmail.com Session type: EEA contributed Macroeconomics of bank capital and liquidity regulations Presented by: Frederic Boissay, Bank for International Settlements House price dynamics, optimal LTV limits and the liquidity trap Presented by: Richard Harrison, Bank of England Bank Capital in the Short and in the Long Run Presented by: Kalin Nikolov, European Central Bank Session 152: Intergenerational Mobility August 27, 2019 16:30 to 17:45 Location: University Place - 4.209 Session Chair: Sumaiya Rahman, University of Surrey s.rahman@surrey.ac.uk Session type: EEA contributed On the Origins of Socio-economic Inequalities: Evidence from a “Children of Twins” Design Presented by: Paul Bingley, VIVE Anonymous and Non-Anonymous Growth Incidence Curves: Evidence from the United States over the Last 50 Years Presented by: Yonatan Berman, London Mathematical Laboratory Falling Absolute Intergenerational Mobility Presented by: Sumaiya Rahman, University of Surrey Session 153: Local Public Finance II August 27, 2019 16:30 to 17:45 Location: University Place - 4.211 Session Chair: Roberto Zotti, University of Torino roberto.zotti@unito.it Session type: EEA contributed The efficiency and distributive effects of local taxes: Evidence from Italian municipalities Presented by: Enrico Rubolino, University of Essex The Electoral Consequences of a Tax Reform under Partial Decentralization Presented by: Catarina Alvarez, NOVA School of Business and Economics Multilevel taxation, competition, and sorting: Evidence from regional borders Presented by: Roberto Zotti, University of Torino Session 154: Media and Politics: Evidence August 27, 2019 16:30 to 17:45 Location: Williamson Building - Room G.47 Session Chair: Elliott Ash, ETH Zurich ashe@ethz.ch Session type: EEA contributed State-wide Fragmentation of Television Markets and Political Representation in the US Congress Presented by: Patrick Balles, University of Basel Media Bias and Elections --- An Experimental Study Presented by: Junze Sun, University of Amsterdam Partisan Media and Fiscal Policy Choices: Evidence from Cable News Presented by: Elliott Ash, ETH Zurich Session 155: Phillips Curves August 27, 2019 16:30 to 17:45 Location: University Place - 2.219 Session Chair: Mo Tian, University of Nottingham motian.pb@gmail.com Session type: EEA contributed Is the Phillips curve broken? A view from firm-level data Presented by: Erik Frohm, Sveriges Riksbank Financial Frictions, the Phillips Curve and Monetary Policy Presented by: Philipp Lieberknecht, Deutsche Bundesbank Price-setting behaviours during inflation slow-down period Presented by: Mo Tian, University of Nottingham Session 156: Public Policies and Development August 27, 2019 16:30 to 17:45 Location: University Place - 4.213 Session Chair: Damien de Walque, The World Bank ddewalque@worldbank.org Session type: EEA contributed Competition and Conflict: Evidence from a Community Driven Development Program in Indonesia Presented by: Gregor Singer, London School of Economics Addressing Selection: Experimental Evidence from Design Variations in a Skills Training Program Presented by: Muhammad Farooq Naseer, Lahore University of Management Sciences Looking into the performance-based financing black box: Evidence from an impact evaluation in the health sector in Cameroon Presented by: Damien de Walque, The World Bank Session 157: Rulers and Empires in Economic History August 27, 2019 16:30 to 17:45 Location: Jean McFarlane - G306 b Session Chair: Felix Ward, Erasmus University Rotterdam ward@ese.eur.nl Session type: EEA contributed Childless Aristocrats. Inheritance and the extensive margin of fertility. Presented by: Marc Goñi, University of Vienna Jumping the gun: how dictators got ahead of their subjects. Presented by: Asger Wingender, University of Copenhagen The real effects of money supply shocks: Evidence from maritime disasters in the Spanish Empire Presented by: Felix Ward, Erasmus University Rotterdam Session 158: Trading Inputs August 27, 2019 16:30 to 17:45 Location: University Place - 3.209 Session Chair: Mehmet Ulu, Koc University mehmetfatihulu@gmail.com Session type: EEA contributed What You Import Matters: Capital versus Intermediate Goods Presented by: Hongsong Zhang, University of Hong Kong Imported Intermediate Goods and Product Innovation: Evidence from India Presented by: Mehmet Ulu, Koc University Session 159: Advances in Microeconometrics August 27, 2019 16:30 to 17:45 Location: University Place - 4.204 Session Chair: Shruti Sinha, Toulouse School of Economics shrutisinha30@gmail.com Session type: ES contributed Have Econometric Analyses of Happiness Data Been Futile? A Simple Truth About Happiness Scales Presented by: Sorawoot Srisuma, University of Surrey Analysing Subjective Well-Being Data with Misclassification Presented by: Ekaterina Oparina, University of Surrey Identification and Estimation in Many-to-One Two-Sided Matching without Transfers Presented by: Shruti Sinha, Toulouse School of Economics Session 160: Behavioural Finance August 27, 2019 16:30 to 17:45 Location: University Place - 4.212 Session Chair: Dmitry Makarov, Higher School of Economics dmakarov@hse.ru Session type: ES contributed Alternative Facts in Peer-to-Peer Loans? Borrower Misreporting Dynamics and Implications Presented by: Vesa Pursiainen, Imperial College London and University of Hong Kong Keynes Meets Merton: Examining Risk and Return Relation Based on Fundamentals Presented by: Liya Chu, East China University of Science and Technology Security design with status concerns Presented by: Dmitry Makarov, Higher School of Economics Session 161: Business Cycles Fluctuations and the Behaviour of Firms August 27, 2019 16:30 to 17:45 Location: University Place - 3.205 Session Chair: Ia Vardishvili, University of Virginia iv5wa@virginia.edu Session type: ES contributed What Happened to the U.S. Business Dynamism? Presented by: Sina Ates, Federal Reserve Board Producer Price Inflation Connectedness and Input-Output Networks Presented by: Kamil Yilmaz, Koc University Entry decision, option value of delay and business cycles Presented by: Ia Vardishvili, University of Virginia Session 162: Financial Frictions, Financial Intermediation, and the Macroeocnomy August 27, 2019 16:30 to 17:45 Location: University Place - 3.210 Session Chair: Michael Kumhof, Bank of England michael.kumhof@bankofengland.co.uk Session type: ES contributed Risk and State-dependent Financial Frictions Presented by: Martin Harding, DIW Berlin Banks are not intermediaries of loanable funds - facts, theory and evidence Presented by: Michael Kumhof, Bank of England Session 163: Games with Incomplete Information August 27, 2019 16:30 to 17:45 Location: University Place - 3.212 Session Chair: Alexandros Rigos, Lund University alexandros.rigos@gmail.com Session type: ES contributed Scalable games: modelling games of incomplete information Presented by: Nora Wegner, Bank of England Can Auctions Maximize Welfare in Markets After the Auction? Presented by: Bernhard Kasberger, University of Oxford Signaling Expertise Presented by: Alexandros Rigos, Lund University Session 164: Household August 27, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.324 Session Chair: Pawan Gopalakrishnan, Reserve Bank of India pawangopalakrishnan@rbi.org.in Session type: ES contributed Wages and Family Time Allocations Presented by: Alexandros Theloudis, LISER Luxembourg and UCL Economics An Empirical Total Survey Error Decomposition Using Data Combination Presented by: Nikolas Mittag, CERGE-EI Household Finance in Developing Countries Presented by: Pawan Gopalakrishnan, Reserve Bank of India Session 165: Identification and Estimation of Structural Models II August 27, 2019 16:30 to 17:45 Location: University Place - 4.206 Session Chair: Tom Holden, Deutsche Bundesbank thomas.holden@gmail.com Session type: ES contributed Dynamic Deconvolution of Independent Autoregressive Sources Presented by: Christian Gourieroux, University of Toronto and Toulouse S.E. Female Employment and Child Care Presented by: Lena Hassani Nezhad, Royal Holloway, University of London The relative prices of investment and capital. Presented by: Tom Holden, Deutsche Bundesbank Session 166: Networks August 27, 2019 16:30 to 17:45 Location: University Place - 3.214 Session Chair: Agathe Pernoud, Stanford University agathep@stanford.edu Session type: ES contributed On the Existence of Perfect Pairwise Stable Weighted Networks Presented by: Mariya Teteryatnikova, HSE The geopolitical impact of Nord Stream 2 Presented by: László Kóczy, Hungarian Academy of Sciences What Makes Financial Markets Special? Systemic Risk and its Measurement in Financial Networks Presented by: Agathe Pernoud, Stanford University Session 167: Political Economy in Historical Perspective August 27, 2019 16:30 to 17:45 Location: University Place - 2.218 Session Chair: Raphael Franck, Hebrew University of Jerusalem raphael.franck@mail.huji.ac.il Session type: ES contributed Franchise extension and redistribution: evidence from the United Kingdom 1820-1913 Presented by: Toke Aidt, University of Cambridge Class or Economic Voting? Evidence from Social Mobility in Victorian England Presented by: Janne Tukiainen, VATT Institute for Economic Research The effects of state capacity on local economic development: Evidence from the Urals in the aftermath of Pugachev’s 1773-1775 rebellion Presented by: Raphael Franck, Hebrew University of Jerusalem Session 168: Peer Effects August 27, 2019 16:30 to 17:45 Location: University Place - 1.218 Session Chair: Rafael Ribas, University of Amsterdam r.perezribas@uva.nl Session type: ES contributed The Virtuous Cycle of Agreement Presented by: Philippos Louis, University of Cyprus Shifts in risk-behaviour Presented by: Pia Weiss, Nottingham University Business School Can Better Peers Signal Less Success? The Effect of Perceived Rank on Career Investment Presented by: Rafael Ribas, University of Amsterdam Session 169: Quantile Models August 27, 2019 16:30 to 17:45 Location: University Place - 4.210 Session Chair: Galina Besstremyannaya, National Research University Higher School of Economics, Russian Federation gbesstremyannaya@yandex.ru Session type: ES contributed Consistent Specification Test of the Quantile Autoregression Presented by: Anthoulla Phella, University of Surrey Quantile co-movement in stock markets with production linkages of firms: A spatial panel quantile model with unobserved heterogeneity Presented by: Lina Lu, Federal Reserve Bank of Boston Reconsideration of a simple approach to quantile regression for panel data Presented by: Galina Besstremyannaya, National Research University Higher School of Economics, Russian Federation Session 170: Search, Matching and Wage Determination August 27, 2019 16:30 to 17:45 Location: University Place - 4.214 Session Chair: Rasmus Lentz, University of Wisconsin Madison rlentz@ssc.wisc.edu Session type: ES contributed A Job Ladder Model with Stochastic Employment Opportunities Presented by: Jake Bradley, University of Nottingham Conditional Choice Probability Estimation of Continuous-Time Job Search Models Presented by: Attila Gyetvai, Duke University On Worker and Firm Heterogeneity in Wages and Employment Mobility: Evidence from Danish Register Data Presented by: Rasmus Lentz, University of Wisconsin Madison Session 171: ES Presidential Address August 27, 2019 18:00 to 19:15 Location: University Place - Lecture Theatre B Session Chair: Enrique Sentana, CEMFI sentana@cemfi.es Session type: ES invited Coordination and Incomplete Information Presented by: Stephen Morris, Princeton University Session 172: Laffont Lecture August 28, 2019 9:00 to 10:15 Location: University Place - Lecture Theatre B Session Chair: Zvika Neeman, Tel Aviv University zvika@post.tau.ac.il Session type: ES invited Games with Incomplete Information: From Repetition to Cheap Talk and Persuasion Presented by: Francoise Forges, Paris Dauphine Session 173: Asset Pricing and Risk Premium August 28, 2019 10:45 to 12:45 Location: University Place - 2.217 Session Chair: Joseph Kopecky, Trinity College Dublin JKOPECKY@tcd.ie Session type: EEA contributed Jumps and the Correlation Risk Premium: Evidence from Equity Options Presented by: René Flacke, University of Muenster Learning and the Capital Age Premium Presented by: Chi-Yang Tsou, Hong Kong University of Science and Technology Hedging Labor Income Risk over the Life-Cycle Presented by: Raffaele Corvino, Cass Business School Characteristics as Signal Processes: Uncovering the Hidden Risk Premia in Global Financial Markets Presented by: Huichou Huang, City University of Hong Kong Population Aging and the Risk Premium Presented by: Joseph Kopecky, Trinity College Dublin Session 174: Birth Outcomes and Child Health August 28, 2019 10:45 to 12:45 Location: University Place - 2.219 Session Chair: Martin Karlsson, martin.karlsson@uni-due.de Session type: EEA contributed Air pollution during pregnancy and birth outcomes in Italy Presented by: Inna Petrunyk, Leuphana University (Growing) Up In Smoke? The Impact Of Prenatal And Postnatal Maternal Smoking On Child Development Presented by: Francesca Salvati, UCL Estimating the Effect of Criminal Victimisation on Birth Outcomes. Presented by: Livia Menezes, University of Leicester The Effect of Neonatal Intensive Care Units on Neonatal and Infant Mortality: Evidence from 45 Years of Establishing and Operating a National Network Presented by: Gabor Kertesi, Centre for Economic and Regional Studies of the Hungarian Academy of Scienc Infant Health, Cognitive Performance and Earnings: Evidence from Inception of the Welfare State in Sweden Presented by: Martin Karlsson, Session 175: Consumption and Houeshold Behaviour August 28, 2019 10:45 to 12:45 Location: University Place - 2.220 Session Chair: Eve Colson-Sihra, The Hebrew University of Jerusalem eve.sihra@outlook.com Session type: EEA contributed The effect of information on market activity; evidence from vehicle recalls Presented by: Davide Cerruti, ETH Zurich Student Loans, Access to Credit and Consumer Financial Behavior Presented by: Alvaro Mezza, Once or Twice a Month? The Impact of Payment Frequency on Consumption Patterns Presented by: Tuuli Paukkeri, VATT Institute for Economic Research Consumption Responses to Financial Liberalization: Evidence from Survey Data Presented by: Cristina Barcelo, Banco de España How Do We Choose Our Identity? A Revealed Preference Approach Using Food Consumption Presented by: Eve Colson-Sihra, The Hebrew University of Jerusalem Session 176: Culture, Persistance and Development August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.325 Session Chair: Lingwei Wu, University of Bonn lwuu@uni-bonn.de Session type: EEA contributed Class Differences and the Commercial Revolution Presented by: Maurizio Iacopetta, OFCE Sciences Po and Skema Business School 450 Years of Portuguese Colonialism in India: Missionaries, Education, Gender Gaps Presented by: Alexander Lehner, University of Bologna State History, Intergenerational Transmission and Institutional Trust in Africa Presented by: Gian Luca Tedeschi, University of Nottingham Bitter Sugar: Slavery and the "Black Family" Presented by: Arcangelo Dimico, Queen's University Belfast The Economic Motives for Foot-binding Presented by: Lingwei Wu, University of Bonn Session 177: Education, Science and Technology in Economic History August 28, 2019 10:45 to 12:45 Location: Simon Building - Theatre D Session Chair: Michel Serafinelli, University of Essex michel.serafinelli@essex.ac.uk Session type: EEA contributed The Economic Origins of Modern Science: Technology, Institutions, and Markets Presented by: Jeremiah Dittmar, London School of Economics Education and Enlightenment in France Presented by: Lukas Rosenberger, University of Munich (LMU) Social status, war, medical knowledge, and the timing of life expectancy improvements among Germanic scholars over the fifteenth to nineteenth centuries. Presented by: Robert Stelter, Max Planck Institute for Demographic Research Can autocracy promote literacy? evidence from a cultural alignment success story Presented by: Nuno Palma, University of Manchester Creativity over Time and Space Presented by: Michel Serafinelli, University of Essex Session 178: Electoral Systems August 28, 2019 10:45 to 12:45 Location: Kilburn Building - 1.3 Session Chair: Massimo Morelli, Bocconi University massimo.morelli@unibocconi.it Session type: EEA contributed Political Statement Cycle Presented by: Junichi Yamasaki, Kobe University One Strike and You're Out: The Effects of the Master Lever on Senator's Positions Presented by: Olga Gorelkina, University of Liverpool Politics from the Bench? Ideology and Strategic Voting in the US Supreme Court Presented by: Jörg Spenkuch, Northwestern University Moral Hazard in Electoral Teams and Gamson's Law Within Parties Presented by: Jon H. Fiva, Norwegian Business School (BI) Electoral Systems, Taxation and Immigration Policies Presented by: Massimo Morelli, Bocconi University Session 179: Employment Contracts August 28, 2019 10:45 to 12:45 Location: University Place - 3.204 Session Chair: Alexander Plum, Auckland University of Technology alexander.plum@aut.ac.nz Session type: EEA contributed Labor Market Rigidities and Misallocation: Evidence from a Natural Experiment Presented by: Dinara Alpysbayeva, KU Leuven Ex-Post Labor Market Sorting - the Role of Conditional Cooperativeness Presented by: Michael Haylock, Eberhard Karls Universität Tübingen From Ultima Ratio to Mutual Consent: The Effects of Changing Employment Protection Doctrine Presented by: Cyprien Batut, Paris School of Economics Zero Hours Contracts and Their Growth: Five Questions and Answers Presented by: egidio farina, Queen's University Belfast When There Is No Way Up: Reconsidering Low-Paid Jobs As Stepping Stones Presented by: Alexander Plum, Auckland University of Technology Session 180: Environmental Policy and Regulation II August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.329 Session Chair: Stephan Sommer, RWI - Leibniz Institute for Economic Research sommer@rwi-essen.de Session type: EEA contributed A Multi-Sector Multi-Region Macroeconomic Model for Germany Presented by: Christoph Schult, Halle Institute for Economic Research Lease Splitting and Dirty Entrants: The Unintended Deforestation Consequences of India's Environmental Clearance Process Reform Presented by: Anca Balietti, Harvard University On sef-interested preferences for sharing the costs of energy policy: A stated choice analysis for Germany Presented by: Elke Groh, University of Kassel Water Quality, Policy Diffusion Effects and Farmers Behavior Presented by: Eva Tène, Local Cost for Global Benefit: The Case of Wind Turbines Presented by: Stephan Sommer, RWI - Leibniz Institute for Economic Research Session 181: Exchange Rates and International Spillovers August 28, 2019 10:45 to 12:45 Location: University Place - 3.209 Session Chair: Ansgar Rannenberg, National Bank of Belgium Ansgar.Rannenberg@gmail.com Session type: EEA contributed Current Account Dynamics and Exchange Rate Regimes in Central and Eastern Europe Presented by: Karsten Staehr, Tallinn University of Technology Government Spending, Downward Nominal Wage Rigidity, and Exchange Rate Dynamics Presented by: Francesco D'Ascanio, Balance Sheets, Currency Mismatch and Exchange Rate Fluctuations in Open Economies Presented by: Pablo Anaya, Freie Universität Berlin, DIW Berlin International Spillovers and the Exchange Rate Channel of Monetary Policy Presented by: Vito Cormun, Boston College Low pass-through and high spillovers in NOEM: what does help and what does not Presented by: Ansgar Rannenberg, National Bank of Belgium Session 182: Foreign Direct Investment August 28, 2019 10:45 to 12:45 Location: University Place - 3.211 Session Chair: Birgit Meyer, Vienna University of Economics and Business birgit.meyer@wu.ac.at Session type: EEA contributed Offshoring and non-monotonic employment effects across industries in general equilibrium Presented by: Michael Irlacher, University of Linz Causal Evidence on the International Transmission of Crises Through Multinational Firms Presented by: Marcus Biermann, London School of Economics The Structure of Multinational Sales under Demand Risk Presented by: Francesco Conteduca, Bank of Italy A Model of Heterogeneous Firm Matches in Cross-Border Mergers & Acquisitions Presented by: Michiel Gerritse, Erasmus University Rotterdam Product Mix and Foreign Ownership: Evidence from India’s Investment Liberalization Presented by: Birgit Meyer, Vienna University of Economics and Business Session 183: Groups, Leadership and Gender August 28, 2019 10:45 to 12:45 Location: University Place - 1.219 Session Chair: Estefania Santacreu-Vasut, ESSEC Business School and THEMA santacreuvasut@essec.edu Session type: EEA contributed The Strength of Weak Leaders - An Experiment on Social Influence and Social Learning in Teams Presented by: Berno Buechel, University of Fribourg Delegation to a Group Presented by: Moritz Janas, University of Konstanz Are Women Less Effective Leaders than Men? Presented by: Lea Heursen, Humboldt University of Berlin CEO Nomination and Gender Leadership Stereotypes: Evidence from Lab Experiments Presented by: Estefania Santacreu-Vasut, ESSEC Business School and THEMA Session 184: Healthcare and Health August 28, 2019 10:45 to 12:45 Location: University Place - 3.213 Session Chair: Erkan Gören, Carl von Ossietzky University Oldenburg erkan.goeren@uni-oldenburg.de Session type: EEA contributed The Distribution of Physician Quality: Evidence from the English National Health Service Presented by: George Stoye, Institute for Fiscal Studies Correcting for Transitory Effects in RCTs: Application to the RAND Health Insurance Experiment Presented by: Kevin Devereux, University College Dublin The Economics Behind the Epidemic: Afghan Opium Price and Prescription Opioids in the US Presented by: Roberto Nisticò, University of Naples Federico II When Should the Sun Shine? The Effect of the Time Zone on Health Presented by: Pavel Jelnov, Leibniz University Hannover and IZA The Relation of Age and Subjective Wellbeing: Estimating Simultaneously Within and Between Effects Presented by: Erkan Gören, Carl von Ossietzky University Oldenburg Session 185: Information in Markets August 28, 2019 10:45 to 12:45 Location: University Place - 4.205 Session Chair: Dmitry Ivanov, Higher school of Economics diivanov@hse.ru Session type: EEA contributed How Informed are Sellers of Nonhomogeneous Goods?: Market Structure and Pricing Behavior in the South African Art Auction Market, 2009 - 2013 Presented by: Johannes Fedderke, Pennsylvania State University Movie Review Manipulation --- A Study of Douban.com Presented by: Chenxue Hou, Sun Yat-sen University How big is the “lemons” problem? Historical evidence from French appellation wines. Presented by: Emmanuel Paroissien, INRA Data brokers co-opetition Presented by: Carlo Reggiani, University of Manchester Identifying Bid Leakage In Procurement Auctions: Machine Learning Approach Presented by: Dmitry Ivanov, Higher school of Economics Session 186: Knowledge, Innovation, and R&D August 28, 2019 10:45 to 12:45 Location: University Place - 4.209 Session Chair: Francois Lafond, University of Oxford francois.lafond@inet.ox.ac.uk Session type: EEA contributed Investment in Knowledge-Based Capital and Productivity: Firm-Level Evidence from a Small Open Economy Presented by: Iulia Siedschlag, The Economic and Social Research Institute Discussants Presented by: Michael Rose, Max Planck Institute for Innovation and Competition Mergers and Innovation Portfolios Presented by: Evgenia Motchenkova, Endogenous cost differentials and incentives for agglomeration in a Hotelling model with location based spillover effects Presented by: Bipasa Datta, University of York Can stimulating demand drive costs down? World War II as a natural experiment Presented by: Francois Lafond, University of Oxford Session 187: Labour Market Policy August 28, 2019 10:45 to 12:45 Location: Kilburn Building - 1.4 Session Chair: Ramon Marimon, European University Institute and UPF - Barcelona GSE ramon.marimon@eui.eu Session type: EEA contributed Labor market responses to payroll tax reductions Presented by: Haomin Wang, University of Konstanz Resource Misallocation from Childcare Policies Presented by: Loris Rubini, University of New Hampshire Should I Stay or Must I Go? Temporary Refugee Protection and Labor-Market Outcomes Presented by: Birthe Larsen, Copenhagen Business School Optimal UI policies in heterogeneous labor markets Presented by: Benjamin Hartung, European Central Bank Introducing an Austrian Backpack in Spain Presented by: Ramon Marimon, European University Institute and UPF - Barcelona GSE Session 188: Law and Economics of Sanctions and Crime August 28, 2019 10:45 to 12:45 Location: University Place - 4.211 Session Chair: Daniel Montolio, University of Barcelona (Spain) montolio@ub.edu Session type: EEA contributed Under Pressure? Performance Evaluation of Police Officers as an Incentive to Cheat: Evidence from Drug Crimes in Russia Presented by: Ekaterina Travova, Hanging Down Under: Capital Punishment and Deterrence in Australia Presented by: Vincent O'Sullivan, Lancaster University Management School Charter Takeovers, No Excuses Strategy, and Youth Crime. Evidence from London Secondary School Academies Presented by: Emma Duchini, University of Warwick Fines versus Liability: Experimental Evidence on Care Incentives Presented by: Tim Friehe, University of Marburg Bolstering community ties and its effect on crime: Evidence from a quasi-random experiment Presented by: Daniel Montolio, University of Barcelona (Spain) Session 189: Monetary Policy Transmission August 28, 2019 10:45 to 12:45 Location: Williamson Building - Room G.03 Session Chair: Anna Samarina, De Nederlandsche Bank a.samarina@dnb.nl Session type: EEA contributed Monetary Policy and Production Networks: an Empirical Investigation Presented by: Mishel Ghassibe, University of Oxford New Evidence on Monetary Transmission: Interest Rate versus Inflation Target Shocks Presented by: Elizaveta Lukmanova, KU Leuven and Vienna University of Economics and Business Imperfect Pass-Through to Deposit Rates and Monetary Policy Transmission Presented by: Alberto Polo, New York University A Markov-switching Proxy SVAR Presented by: Shayan Zakipour-Saber, Queen Mary University of London Does monetary policy affect income inequality in the euro area? Presented by: Anna Samarina, De Nederlandsche Bank Session 190: New Approaches to Business Cycles August 28, 2019 10:45 to 12:45 Location: University Place - 4.213 Session Chair: Jan-Egbert Sturm, ETH Zurich sturm@kof.ethz.ch Session type: EEA contributed Business cycles in space Presented by: Tom Holden, Deutsche Bundesbank Assessing U.S. aggregate fluctuations across time and frequencies Presented by: Fabio Verona, Bank of Finland Financial Crisis Prediction with Machine Learning Presented by: Marcus Buckmann, Bank of England On the Macroeconomic Consequences of Over-Optimism Presented by: Tim Willems, International Monetary Fund Do Recession Expectations Kill Political Budget Cycles? Presented by: Jan-Egbert Sturm, ETH Zurich Session 191: Risk, Aspirations and Behaviour August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.327 Session Chair: Renate Strobl, University of Basel renate.strobl@unibas.ch Session type: EEA contributed Income Shocks and Poverty Traps. Asset Smoothing in Rural Ethiopia Presented by: Douglas Scott, University of Nottingham Be Positive and See Yourself Burdened with Debt? The Effect of Biased Expectations on (Over-)Indebtedness Presented by: Theres Klühs, Leibniz University Hannover Hiding loans in the household using mobile money: Experimental evidence on microenterprise investment in Uganda Presented by: Emma Riley, University of Oxford Risky Choices and Solidarity: Why Experimental Design Matters Presented by: Conny Wunsch, University of Basel Session 192: Skill Demand August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.328 Session Chair: Lennart Ziegler, University of Vienna lennart.ziegler@univie.ac.at Session type: EEA contributed Does Inequality really increase Crime? Theory and Evidence Presented by: Matteo Pazzona, Brunel University Skill dispersion, firm productivity, and production technology: new empirical evidence and implications Presented by: Nick Zubanov, University of Konstanz Wage inequality: College premium, economic geography, and private-public sector Presented by: Hildegunn Stokke, Norwegian University of Science and Technology Intellectual Property Rights, Professional Business Services and Earnings Inequality Presented by: Gorkem Bostanci, University of Pennsylvania Skill Demand and Wages. Evidence from Online Job Postings in Austria Presented by: Lennart Ziegler, University of Vienna Session 193: Wages August 28, 2019 10:45 to 12:45 Location: Williamson Building - Room G.47 Session Chair: Christiane Nickel, European Central Bank Christiane.Nickel@ecb.int Session type: EEA contributed Wages, Compositional Effects and the Business Cycle Presented by: Omiros Kouvavas, University of Warwick Job-to-job flows and wage cyclicality in France and Italy Presented by: Eliana Viviano, Time-varying wage Phillips curves in the euro area with a new measure for labor market slack Presented by: Dennis Bonam, De Nederlandsche Bank The link between labor cost and price inflation in the euro area Presented by: Isabel Vansteenkiste, European Central Bank Isabel Vansteenkiste, European Central Bank Solving theWage Puzzle: Does the “Non-Employment Index” Explain European Wage Dynamics Since the Crisis? Presented by: Stephen Byrne, Central Bank of Ireland Session 194: What Works in Schools and Beyond? August 28, 2019 10:45 to 12:45 Location: Kilburn Building - 1.5 Session Chair: Gianni De Fraja, Department of Economics gianni.defraja@nottingham.ac.uk Session type: EEA contributed Experimenting with dropout prevention policies Presented by: Karen van der Wiel, CPB Netherlands Bureau for Economic Policy Analysis The Effect of Group Formation and Differentiated Instruction on Learning Outcomes. Evidence from Two Randomised Control Trials. Presented by: Kaat Iterbeke, KU Leuven Urban and education place-based policies: Effect on academic achievement Presented by: Manon Garrouste, Université de Lille Higher Education Funding Reforms: A Comprehensive Analysis of Educational and Labour Market Outcomes in England Presented by: Stefania Simion, University of Edinburgh Have you read this? An empirical comparison of the British REF peer review and the Italian VQR bibliometric algorithm Presented by: Gianni De Fraja, Department of Economics Session 195: Aggregate Dynamics of Frictional Labour Markets August 28, 2019 10:45 to 12:45 Location: University Place - 4.204 Session Chair: Eran Hoffmann, Hebrew University eran.hoffmann@mail.huji.ac.il Session type: ES contributed Costly decisions, rigid wages, and frictional labor reallocation Presented by: James Costain, European Central Bank Specific Capital and the Business Cycle Effects on the Postgraduate Wage Premium Presented by: Ran Gu, University Of Essex Social Connections, Strategic Referrals, and On-the-Job Search Presented by: Ji-Woong Moon, The Pennsylvania State University Making Do with Less?\\ Workers' On-the-Job Effort and the Role on Macro Effects Presented by: Kunio Tsuyuhara, University of Calgary "At-risk jobs", regional growth, and labor market flows Presented by: Eran Hoffmann, Hebrew University Session 196: Choice and Preferences August 28, 2019 10:45 to 12:45 Location: University Place - 2.218 Session Chair: Gregorio Curello, University of Oxford gregorio.curello@stx.ox.ac.uk Session type: ES contributed Inference of welfare from choice observations: an axiomatic and empirical analysis Presented by: Daniele Caliari, Queen Mary University Salience and Skewness Preferences Presented by: Markus Dertwinkel-Kalt, Frankfurt School of Finance & Management The choice environment, constraints, and rational procedures Presented by: Philipp Zahn, University of St. Gallen Revealed Preference Systems: A General Tool and Application to the Choice Under Plurality Presented by: Seyed Hassan Nosratabadi, Université catholique de Louvain The Lattice structure of Preference Comparison Presented by: Gregorio Curello, University of Oxford Session 197: Collective Decision Making August 28, 2019 10:45 to 12:45 Location: University Place - 1.218 Session Chair: Heski Bar-Isaac, University of Toronto Heski.Bar-Isaac@rotman.utoronto.ca Session type: ES contributed Collective mistake in a tricky question under strategic voting Presented by: Tomoya Tajika, Hokusei Gakuen University Prosocial Behavior and Deliberative Democracy Presented by: Xiangyu Qu, CNRS Designing Organizations in Volatile Markets Presented by: Dimitri Migrow, University of Calgary Optimal Tax for the Household: Collective and Unitary MOdel Presented by: Érica Oliveira, Insper Blockholder Voting Presented by: Heski Bar-Isaac, University of Toronto Session 198: Health August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.324 Session Chair: Milena Suarez, INSEE-CREST milena.suarez-castillo@insee.fr Session type: ES contributed Saving Lives by Tying Hands: The Unexpected Effects of Constraining Health Care Providers Presented by: Thomas Hoe, Cornell University Digital Waste? Unintended Consequences of Health Information Technology Presented by: Tanja Saxell, VATT (Visiting Stanford) How Do Hospitals Respond Differently to Competition? Quality, Prices, and Efficiency Presented by: Hongsong Zhang, University of Hong Kong Democracy, Genes, and the Male Survival Disadvantage Presented by: Marie Christelle Mabeu, University of Ottawa Disentangling the causal effects of air pollutants on health: when the numerous characteristics of the planetary boundary layer can help Presented by: Milena Suarez, INSEE-CREST Session 199: Heterogeneous Agents and Inequality August 28, 2019 10:45 to 12:45 Location: University Place - 4.206 Session Chair: Diego Legal-Cañisá, University of Virginia dal2am@virginia.edu Session type: ES contributed Determinants of wealth inequality and mobility in general equilibrium Presented by: Thomas Fischer, Lund University Uncertainty and Inflation in a Heterogeneous Agent Model Presented by: Anna Rogantini Picco, European University Institute Nominal Debt and the Heterogeneous Effects of Forward Guidance Presented by: Matthias Paustian, Federal Reserve Board of Governors Unemployment Insurance with Consumer Bankruptcy Presented by: Diego Legal-Cañisá, University of Virginia Session 200: Hypothesis Testing August 28, 2019 10:45 to 12:45 Location: University Place - 3.205 Session Chair: Tatiana Komarova, London School of Economics t.komarova@lse.ac.uk Session type: ES contributed Confidence regions for averaging estimators Presented by: Tom Boot, University of Groningen Tests For Independence Between Categorical Variables Presented by: Juan Sentana, University of Essex Testing Many Moment Inequalities with Symmetry Inference Presented by: Nick Koning, University of Groningen A Distributional Approach to Model Selection and Averaging by Probabilistic Significance Tests Presented by: Yi-Ting Chen, Academia Sinica Testing nonparametric shape restrictions Presented by: Tatiana Komarova, London School of Economics Session 201: Industrial Organisation: Empirical Structural Models August 28, 2019 10:45 to 12:45 Location: University Place - 3.214 Session Chair: Alexander Torgovitsky, University of Chicago atorgovitsky@gmail.com Session type: ES contributed The Competitive Conduct of Consumer Cooperatives Presented by: Marco Duarte, University of Wisconsin-Madison Endogenous markups, input misallocation and geographical supplier access Presented by: Gregor Singer, London School of Economics Dynamic Foundations for Empirical Static Games Presented by: Lorenzo Magnolfi, University of Wisconsin-Madison Nonparametric Estimates of Demand in the California Health Insurance Exchange Presented by: Alexander Torgovitsky, University of Chicago Session 202: Macroeconomics: Consumption and Saving August 28, 2019 10:45 to 12:45 Location: University Place - 4.210 Session Chair: Anne Hannusch, University of Mannheim hannusch@uni-mannheim.de Session type: ES contributed Lending Standards and Consumption Insurance over the Business Cycle Presented by: Felicia Ionescu, Federal Reserve Board Household Balance Sheets and Consumption Responses to Income Shocks Presented by: Yunho Cho, Jinan University The intertemporal marginal propensity to consume out of future persistent cash-flows: Evidence from transaction level data Presented by: Jeppe Druedahl, University of Copenhagen All Debt Not Equal: Student Loan, Credit Card Debt and the Young American Households Presented by: Wenli Li, Research Back to Becker: Producing Consumption with Time and Goods Presented by: Anne Hannusch, University of Mannheim Session 203: Macroeconomics: Government Policies, Income Distribution and Inequality August 28, 2019 10:45 to 12:45 Location: University Place - 4.212 Session Chair: Yi-Chan Tsai, National Taiwan University yichantsai@ntu.edu.tw Session type: ES contributed Credit, Default, and Optimal Health Insurance Presented by: Youngsoo Jang, Shanghai University of Finance and Economics To Means-Test or Not to Means-Test: Optimality and Life-Cycle Effects of Universal Basic Income Programs Presented by: Andre Victor Luduvice, University of Pennsylvania How Does Monetary Policy Affect Income and Wealth Inequality? Evidence from Quantitative Easing in the Euro Area Presented by: Jiri Slacalek, European Central Bank Inequality and the Size of Government Presented by: Weijie Luo, Central University of Finance and Economics Rising skill premium and dynamics of optimal taxation Presented by: Yi-Chan Tsai, National Taiwan University Session 204: Monetary Policy and Financial Markets August 28, 2019 10:45 to 12:45 Location: University Place - 4.214 Session Chair: Elena Perazzi, University of Lausanne Elena.Perazzi.2@unil.ch Session type: ES contributed Mind the Gap! A Monetarist View of the Open-Economy Phillips Curve Presented by: Ayse Kabukcuoglu, North Carolina State University Taking Away the Punch Bowl: Monetary Policy and Financial Instability Presented by: Kevin Sheedy, London School of Economics Explanation of US Interest Rates based on Inflation Tax Avoidance Presented by: Ceri Davies, University of Birmingham ECB Monetary Policy and Cross-Market Financial Spillovers: Evidence from large TVP-VAR Presented by: Joey Soudant, University of Namur On the special role of deposits for long-term lending Presented by: Elena Perazzi, University of Lausanne Session 205: Panel Data August 28, 2019 10:45 to 12:45 Location: University Place - 3.210 Session Chair: Takashi Yamagata, University of York & Osaka University ty509@york.ac.uk Session type: ES contributed Identification of Spillover Effects using Panel Data Presented by: Christiern Rose, University of Queensland Latent Group Structures with Heterogeneous Distributions: Identification and Estimation Presented by: Heng Chen, Bank of Canada Short T Dynamic Panel Data Models with Individual and Interactive Time Effects Presented by: L. Vanessa Smith, University of York Spatial dynamic models with intertemporal optimization II: coevolution of economic activities and networks Presented by: Hanbat Jeong, OSU A robust approach to heteroskedasticity, error serial correlation and slope heterogeneity for large linear panel data models with interactive effects Presented by: Takashi Yamagata, University of York & Osaka University Session 206: Partial Identification August 28, 2019 10:45 to 12:45 Location: University Place - 3.212 Session Chair: Marinho Bertanha, University of Notre Dame mbertanha@nd.edu Session type: ES contributed Partial Identification in nonparametric one-to-one matching models Presented by: Cristina Gualdani, Toulouse School of Economics Sensitivity of Bounds on ATEs under Survey Non-response Presented by: Lukas Laffers, Matej Bel University, Faculty of Natural Sciences Inference in Games without Nash Equilibrium: An Application to Restaurants’ Competition in Opening Hours Presented by: Erhao Xie, Bank of Canada Nonparametric Instrumental Variables Estimators Under Misspecification: A Problem and a Partial Solution Presented by: Ben Deaner, MiT Better Bunching, Nicer Notching Presented by: Marinho Bertanha, University of Notre Dame Session 207: Rural/Urban/Industrial Development August 28, 2019 10:45 to 12:45 Location: Jean McFarlane - 2.326 Session Chair: Ioana Schiopu, ESADE Business School ioana.schiopu@esade.edu Session type: ES contributed Land market distortions and aggregate productivity: Evidence from Guatemala Presented by: Manuel Hernandez, IFPRI Farm support and market distortion: Evidence from a quasi-natural policy experiment in India Presented by: Abhinav Narayanan, Reserve Bank of India Decentralized Targeting of Agricultural Credit Programs: Private versus Political Intermediaries Presented by: Sujata Visaria, Hong Kong University of Science and Tech Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia Presented by: Dana Kassem, University of Mannheim Urbanization, Productivity Differences and Spatial Frictions Presented by: Ioana Schiopu, ESADE Business School Session 208: Altruism and Norms August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.327 Session Chair: Robertas Zubrickas, r.zubrickas@outlook.com Session type: EEA contributed Local Norms Describing the Role of the State and the Private Provision of Training Presented by: Stefan Wolter, University of Bern Optimal income taxation in the presence of networks of altruism Presented by: Anasuya Raj, Ecole Polytechnique Inheritance taxation with agents differing in altruism and productivity. Presented by: Erwan Moussault, THEMA University of Cergy Pontoise Donation-Based Crowdfunding with Refund Bonuses Presented by: Robertas Zubrickas, Session 209: Boundedly Rational Investors and Asset Prices August 28, 2019 14:15 to 16:00 Location: University Place - 2.217 Session Chair: Katrin Gödker, University of Hamburg katrin.goedker@wiso.uni-hamburg.de Session type: EEA contributed Diversification in Lottery-Like Features and Portfolio Pricing Discounts Presented by: Xin Liu, University of Bath Experience Does not Eliminate Bubbles: Experimental Evidence Presented by: Anita Kopányi-Peuker, University of Amsterdam Cultural Biases in Equity Analysis Presented by: Vesa Pursiainen, Imperial College London and University of Hong Kong Investor Memory Presented by: Katrin Gödker, University of Hamburg Session 210: Collusion August 28, 2019 14:15 to 16:00 Location: University Place - 1.219 Session Chair: Lucy White, Questrom School of Management, Boston Un lwhite81@bu.edu Session type: EEA contributed A Dynamic Analysis of Collusive Action: The Case of the World Copper Market, 1820-2014 Presented by: Martin Stuermer, Federal Reserve Bank of Dallas Macroeconomic Effects of Market Structure Distortions Presented by: Flavien Moreau, UCLA Cartel stability in experimental auctions Presented by: Leonard Treuren, University of Amsterdam Asymmetric Cartels: Who Gains, Who Deviates, and Some Unintended Consequences of Anti-Trust Policies Presented by: Lucy White, Questrom School of Management, Boston Un Session 211: EAERE Session on Environmental Economics August 28, 2019 14:15 to 16:00 Location: Simon Building - Theatre D Session Chair: Moritz Drupp, Hamburg University Moritz.Drupp@uni-hamburg.de Session type: EEA contributed Tax neutrality, entry and discoveries: Evidence from oil drilling in the North Sea Presented by: Lassi Ahlvik, Norwegian School of Economics Borders and Resources: Evidence of strategic exploration Presented by: Torfinn Harding, Norwegian School of Economics The Global Consumer Incidence of Carbon Pricing: Evidence from Trade Presented by: Lutz Sager, London School of Economics and Political Science Inter- and Intragenerational Distribution and the Valuation of Natural Capital Presented by: Moritz Drupp, Hamburg University Session 212: Education August 28, 2019 14:15 to 16:00 Location: Williamson Building - Room G.03 Session Chair: Matias Cortes, York University gmcortes@yorku.ca Session type: EEA contributed Does a High School Diploma Matter? Evidence Using Regression Discontinuity Design Presented by: Deni Mazrekaj, KU Leuven Learning by Problem-Solving Presented by: Alexander Patt, Katholische Universität Eichstätt-Ingolstadt Effects of Military Conscription on the Labour Market and Education Presented by: Daniel Almén, Stockholm University Are Routine Jobs Moving South? Evidence from Changes in the Occupational Structure of Employment in the U.S. and Mexico Presented by: Matias Cortes, York University Session 213: Evaluation of Labour Market Policies August 28, 2019 14:15 to 16:00 Location: University Place - 2.219 Session Chair: Annette Bergemann, University of Bristol annette.bergemann@bristol.ac.uk Session type: EEA contributed Evaluation of the Finnish Basic Income experiment: First year results Presented by: Jouko Verho, VATT Institute for Economic Research Equilibrium effects of making work pay policies: Evidence from Germany Presented by: Luke Haywood, DIW Berlin Flexible Parametric Covariate Balancing Weights for the Estimation of Dose-Reponse Functions and the Effects of Entrepreneurship Training Presented by: Stefan Tübbicke, University of Potsdam Non-Cognitive Skills and Gender Differences in Training Programmes for the Unemployed Presented by: Annette Bergemann, University of Bristol Session 214: Fertility and Children August 28, 2019 14:15 to 16:00 Location: University Place - 3.204 Session Chair: Malte Sandner, Institute for Employment Research malte.sandner@iab.de Session type: EEA contributed Can Mass Media Campaigns Increase Modern Contraception Uptake? Experimental Evidence From Burkina Faso Presented by: Victor Pouliquen, Paris School of Economics The baby year parental leave reform in the GDR and its impact on children’s long-term life satisfaction Presented by: Katharina Heisig, ifo Institute Retirement, intergenerational time transfers, and fertility Presented by: Peter Eibich, Max Planck Institute for Demographic Res The Effects of Universal Public Childcare Provision on Cases of Child Neglect and Abuse Presented by: Malte Sandner, Institute for Employment Research Session 215: Financial Frictions and Business Cycles August 28, 2019 14:15 to 16:00 Location: University Place - 3.209 Session Chair: Rafael Domenech, Universidad de Valencia and BBVA Research rafael.domenech@uv.es Session type: EEA contributed Monetary Policy and the Cost of Wage Rigidity: Evidence from the Stock Market Presented by: Vincenzo Pezone, Goethe University and SAFE Credit Demand Shocks and the Business Cycle Presented by: Richard Kima, University of Southampton Partial dollarization in a small open economy with financial and labor market frictions Presented by: Cristian Bulete, National Bank of Romania Macroeconomic Effects of Taxes on Banking Presented by: Rafael Domenech, Universidad de Valencia and BBVA Research Session 216: Forecasting Macro and Financial Variables August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.325 Session Chair: Anne Hansen, University of Copenhagen anne.lundgaard.hansen@econ.ku.dk Session type: EEA contributed Exploiting the information of Signed Jumps and Jump Activity in forecasting Stocks Returns Volatility Presented by: Rodrigo Hizmeri, Lancaster University Making text count for macroeconomics: What newspaper text can tell us about the economy Presented by: Arthur Turrell, Federal Reserve Board Survey-Based Multivariate Density Forecasts Presented by: Florens Odendahl, Banque de France Modeling Persistent Interest Rates With Volatility-Induced Stationarity Presented by: Anne Hansen, University of Copenhagen Session 217: Gender Differentials in Education and the Labour Market August 28, 2019 14:15 to 16:00 Location: University Place - 3.211 Session Chair: Laura Hospido, Banco de España and IZA laura.hospido@bde.es Session type: EEA contributed Understanding Gender Differences in Preferences for STEM Presented by: Judith Delaney, Economic and Social Research Institute HETEROGENEITY IN THE U.S. GENDER WAGE GAP Presented by: Philipp Bach, University of Hamburg The Gender Gap in Earnings Between and Within Firms: Evidence from Linked Employer-Employee Data Presented by: Salvatore Lattanzio, University of Cambridge Gender Gaps in Evaluation: Evidence from Submissions to Conferences Presented by: Laura Hospido, Banco de España and IZA Session 218: Interactions August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.328 Session Chair: Tore Nilssen, University of Oslo tore.nilssen@econ.uio.no Session type: EEA contributed Voluntarily Separable Games with In-relationship Search Presented by: Xiaoxiao Hu, Wuhan University The formation of a core-periphery structure in heterogeneous financial networks Presented by: Daan in 't Veld, SEO Amsterdam Economics The Coevolution of Morals under Indirect Reciprocity Presented by: Stephan Mueller, University of Göttingen Creating Balance in Dynamic Competitions Presented by: Tore Nilssen, University of Oslo Session 219: International Finance August 28, 2019 14:15 to 16:00 Location: University Place - 3.213 Session Chair: Husnu Dalgic, University of Mannheim dalgic@uni-mannheim.de Session type: EEA contributed When Being Thrifty is Risky: A Paradox of Precaution in International Saving Presented by: Chao He, London School of Economics and Political Science Small Firms and Domestic Bank Dependence in Europe's Great Recession Presented by: Egor Maslov, University of Zurich Cross-border investments and uncertainty: Firm-level evidence Presented by: Timothee Gigout, Collège de France Financial Dollarization in Emerging Markets: An Insurance Arrangement Presented by: Husnu Dalgic, University of Mannheim Session 220: International Production August 28, 2019 14:15 to 16:00 Location: University Place - 4.205 Session Chair: Sven Blank, Deutsche Bundesbank sven.blank@bundesbank.de Session type: EEA contributed International Relocation of Production and Growth Presented by: Francisco Alcalá, Universidad de Murcia, Ivie and CEPR Trade Credit, Trade Income Elasticity and the International Transmission of Shocks Presented by: Anna Watson, University of Cambridge Good connections : bank specialization and the tariff elasticity of exports Presented by: Jean-Stéphane Mésonnier, Banque de France A Structural Quantitative Analysis of Services Trade De-liberalization Presented by: Sven Blank, Deutsche Bundesbank Session 221: Job Search August 28, 2019 14:15 to 16:00 Location: Williamson Building - Room G.47 Session Chair: Axel Gottfries, University of Edinburgh axel.gottfries@gmail.com Session type: EEA contributed The Importance of Non-monetary Determinants in the Job Search Process: Theory and Empirical Evidence Presented by: Miriam Boemer, ZEW – Leibniz Centre for European Economic Research Unemployment Risks and Intra-Household Insurance Presented by: Javier Fernandez-Blanco, Universitat Autonoma de Barcelona and BG Job Search and Intermediation under Discrimination: Evidence from Terrorist Attacks in France Presented by: Dylan Glover, INSEAD Bargaining with Renegotiation in Models with On-the-Job Search Presented by: Axel Gottfries, University of Edinburgh Session 222: Labour Supply August 28, 2019 14:15 to 16:00 Location: University Place - 4.209 Session Chair: Selina Gangl, University of Fribourg selina.gangl@unifr.ch Session type: EEA contributed The Effects of Hours Constraints on Work Hours and Labor Force Participation Presented by: Sascha Drahs, University of Potsdam Early Child Development and Parents’ Labor Supply Presented by: Lukas Laffers, Matej Bel University, Faculty of Natural Sciences Labor Supply Shocks and Human Capital Accumulation Presented by: Teodora Tsankova, University of Warwick From housewives to employees? How mandatory kindergarten affects mothers' labour supply Presented by: Selina Gangl, University of Fribourg Session 223: Learning, Beliefs and Overconfidence August 28, 2019 14:15 to 16:00 Location: University Place - 4.213 Session Chair: Stephen Cheung, The University of Sydney Stephen.L.Cheung@gmail.com Session type: EEA contributed Experiences and expectations in asset markets: an experimental study Presented by: Myrna Hennequin, University of Amsterdam Persistent Overconfident: Evidence from a Randomized Control Trial in Uganda Presented by: Dagmara Celik Katreniak, National Research Univeristy Higher School of Economics Multidimensional and Selective Learning: a case study of Bt cotton farmers in India Presented by: Srijita Ghosh, New York University True Overconfidence, Revealed through Actions: An Experiment Presented by: Stephen Cheung, The University of Sydney Session 224: Misallocation August 28, 2019 14:15 to 16:00 Location: Kilburn Building - 1.3 Session Chair: Diego Restuccia, University of Toronto diego.restuccia@utoronto.ca Session type: EEA contributed Misallocation, Mark-ups and Scale: Explaining Productivity Dispersion in Norway Presented by: Torje Hegna, University of Oslo Sudden stops, productivity, and the exchange rate Presented by: Laura Castillo Martinez, London School of Economics Product differentiation, market power, and resource allocation Presented by: Bruno Pellegrino, UCLA On Average Establishment Size across Sectors and Countries Presented by: Diego Restuccia, University of Toronto Session 225: Optimal Monetary Policy August 28, 2019 14:15 to 16:00 Location: University Place - 4.211 Session Chair: Raphael Schoenle, Brandeis University schoenle@brandeis.edu Session type: EEA contributed Optimal Monetary Policy for the Masses Presented by: Riccardo DiCecio, Federal Reserve Bank of St. Louis Optimal Monetary Policy with Downward Nominal Wage Rigidity Presented by: Christopher Evans, Universitat Pompeu Fabra The optimal inflation target and the natural rate of interest Presented by: Philippe Andrade, Federal Reserve Bank of Boston Raising the Target: How Much Extra Room Does It Really Give? Presented by: Raphael Schoenle, Brandeis University Session 226: Political Economy of Development August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.329 Session Chair: Ajay Shenoy, University of California Santa Cruz azshenoy@ucsc.edu Session type: EEA contributed The public morals - public services tradeoff: Theory and evidence from Sharia regulations in Indonesia Presented by: Attila Gáspár, Central European University Churching for Welfare: Politics and Religion in the US 1996-2010 Presented by: Jeanet Bentzen, Re-election incentives, ethnic favoritism and the subnational allocation of foreign aid Presented by: Georgios Efthyvoulou, University of Sheffield Earnings and Takings: Self-Dealing in Local Public Office in India Presented by: Ajay Shenoy, University of California Santa Cruz Session 227: Politics and Fiscal Policies August 28, 2019 14:15 to 16:00 Location: University Place - 2.220 Session Chair: Alessandro Borin, Bank of Italy alessandroborin80@gmail.com Session type: EEA contributed How Does Refugee Immigration Influence Redistribution Politics? Evidence from Finland Presented by: Riikka Savolainen, Newcastle University Power to the Moderates! Fiscal Windfalls and Electoral Accountability Presented by: Jørgen Juel Andersen, BI Norwegian Business School The Effect of Inequality on Fiscal Policy in German Municipalities Presented by: Lea Immel, ifo Institute Munich; University of Munich (LMU) EU TRANSFERS AND EUROSCEPTICISM: CAN’T BUY ME LOVE? Presented by: Alessandro Borin, Bank of Italy Session 228: Public Procurement in Developing Countries August 28, 2019 14:15 to 16:00 Location: Simon Building - Theatre A Session Chair: Dina Pomeranz, University of Zurich dina.pomeranz@econ.uzh.ch Session type: EEA contributed Can Audits Backfire? Evidence from Public Procurement in Chile Presented by: Dina Pomeranz, University of Zurich Discussant: Adnan Khan, London School of Economics The Value of Revolving Doors in Public Procurement Presented by: Stephane Straub, University of Toulouse Capitole Discussant: Lucie Gadenne, University of Warwick Procuring Firm Growth: The Effects of Government Purchases on Firm Dynamics Presented by: Dimitri Szerman, University of Mannheim Discussant: Klenio Barbosa, Insper Institute of Education and Research Session 229: Relationship Lending and Access to Credit August 28, 2019 14:15 to 16:00 Location: Kilburn Building - 1.4 Session Chair: Patricio Valenzuela, University of Chile patriciov@dii.uchile.cl Session type: EEA contributed Bank as a Venture Capitalist Presented by: Kumar Rishabh, University of Basel The Anatomy of Cultural Proximity in Credit Markets Presented by: Antonio Accetturo, Banca d'Italia Lending Relationships in Loan Renegotiation: Evidence from Corporate Loans Presented by: Melina Papoutsi, ECB Improving Access to Banking: Evidence from Kenya Presented by: Patricio Valenzuela, University of Chile Session 230: Retirement and Pensions I August 28, 2019 14:15 to 16:00 Location: Simon Building - Theatre C Session Chair: Matthias Schön, Deutsche Bundesbank matthias.schoen1@bundesbank.de Session type: EEA contributed The Effects of Early Retirement Incentives on Retirement Decisions Presented by: Carla Krolage, ifo Institute and University of Munich Demographic change, collective wage bargaining and pay-as-you-go social security Presented by: Max Friese, University of Rostock An Investigation of Policy Incentives for Delaying Public Pension Benefit Claims Presented by: Tomoki Kitamura, Tohoku Gakuin University Demographic Change and the German Current Account Surplus Presented by: Matthias Schön, Deutsche Bundesbank Session 231: Stress Testing August 28, 2019 14:15 to 16:00 Location: Kilburn Building - 1.5 Session Chair: Anne-Caroline Hüser, Bank of England annecaroline.hueser@gmail.com Session type: EEA contributed System-wide stress simulation Presented by: Benjamin King, Bank of England Market Information in Banking Supervision: The Role of Stress Test Design Presented by: Haina Ding, University Savoie Mont Blanc Time Inconsistency in Stress Test Design Presented by: Markus Parlasca, University of Oxford Contagion Accounting Presented by: Anne-Caroline Hüser, Bank of England Session 232: Trade, Variety, and Inequality August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.323 Session Chair: Dorothee Hillrichs, Tilburg University d.a.hillrichs@uvt.nl Session type: EEA contributed Quality and Gravity in International Trade Presented by: Florian Unger, LMU Munich Trade and Vertical Differentiation Presented by: Alessandro Tampieri, University of Florence Nonhomothetic Preferences and Rent Sharing in an Open Economy Presented by: Simone Habermeyer, University of Bayreuth Recovering Within Country Inequality from trade data Presented by: Dorothee Hillrichs, Tilburg University Session 233: Computational Problems and Machine Learning August 28, 2019 14:15 to 16:00 Location: University Place - 4.206 Session Chair: Grey Gordon, FRB Richmond greygordon@gmail.com Session type: ES contributed Machine learning for dynamic incentive problems Presented by: Philipp Renner, Lancaster University Nonparametric Time-Varying Estimations via a Machine Learning Approach Presented by: Liyuan Cui, City University of Hong Kong Many Average Partial Effects in $\ell_1$-regularized binomial and fractional regressions: with An Application to Gendered Language on the Internet Presented by: Harold Chiang, Vanderbilt University Efficient Computation with Taste Shocks Presented by: Grey Gordon, FRB Richmond Session 234: Education and Training: Policy Evaluation August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.326 Session Chair: Arthur Seibold, University of Mannheim seibold@uni-mannheim.de Session type: ES contributed School choice, school effectiveness and educational segregation: Evidence from centralized school assignment in London Presented by: Marco Ovidi, Queen Mary University of London Selection, Gender and the Impact of Schooling Type in the Dhaka Slums Presented by: Saima Khan, New York University Abu Dhabi Acquiring Skills to Earn: Impact of Skills Training and Market Linkage on Rural Women in Pakistan Presented by: Muhammad Farooq Naseer, Lahore University of Management Sciences Mandating Training in Firms: Theory and Evidence from the Colombian Apprenticeship Program Presented by: Arthur Seibold, University of Mannheim Session 235: Empirical Political Economy August 28, 2019 14:15 to 16:00 Location: University Place - 1.218 Session Chair: Elliott Ash, ETH Zurich ashe@ethz.ch Session type: ES contributed Natural Disasters, Moral Hazards, and Special Interests in Congress Presented by: Jörg Spenkuch, Northwestern University Illegal Drugs and Public Corruption: Crack Based Evidence From California Presented by: Babak Jahanshahi, University of Edinburgh Public Media Do Serve The State: A Field Experiment Presented by: Shuhei Kitamura, Osaka University Motivated Reasoning in the Field: Polarization of Prose, Precedent, and Policy in U.S. Circuit Courts, 1930-2013 Presented by: Elliott Ash, ETH Zurich Session 236: Financial Systems and Regulation August 28, 2019 14:15 to 16:00 Location: University Place - 2.218 Session Chair: Carlos Ramirez, Federal Reserve Board carlos@carlosrc.com Session type: ES contributed Banks Risk Taking and Creditors Bargaining Power Presented by: Alon Raviv, Bar Ilan University The Network of Firms Implied by the News Presented by: Gustavo Schwenkler, Boston University Reach for Yield by U.S. Public Pension Funds Presented by: Andrei Zlate, Board of Governors of the Federal Reserve System Regulating Financial Networks Presented by: Carlos Ramirez, Federal Reserve Board Session 237: Fiscal Policy: Empirical Evidence on Multipliers August 28, 2019 14:15 to 16:00 Location: University Place - 3.214 Session Chair: Julio Garin, Claremont McKenna jgarin@gmail.com Session type: ES contributed State Dependence of Fiscal Multipliers Presented by: Mishel Ghassibe, University of Oxford Infrastructure Investment News and Business Cycles in Japan: Evidence from the VAR with an External Instrument Presented by: Etsuro Shioji, Hitotsubashi University Repatriation Taxes Presented by: Julio Garin, Claremont McKenna Session 238: Forecasting Financial Econometrics August 28, 2019 14:15 to 16:00 Location: University Place - 4.204 Session Chair: Xiaohan Xue, University of Reading x.xue@pgr.reading.ac.uk Session type: ES contributed Taking Stock of Long-Horizon Predictability Tests: Are Factor Returns Predictable? Presented by: Michalis Stamatogiannis, University of Liveprool Forecasting the realized variance in the presence of intraday periodicity Presented by: Ana-Maria H. Dumitru, Deutsche Bundesbank Forecasting realized correlations: a MIDAS approach Presented by: Anastasija Tetereva, University of St. Gallen Forecasting Risk Measures Using Intraday Data in a Generalized Autoregressive Score (GAS) Framework Presented by: Xiaohan Xue, University of Reading Session 239: Identification of VAR Models August 28, 2019 14:15 to 16:00 Location: University Place - 4.212 Session Chair: Tincho Almuzara, CEMFI almuzara@cemfi.edu.es Session type: ES contributed Monetary Policy, External Instruments and Heteroskedasticity Presented by: Thore Schlaak, DIW Berlin SVARs Identification through Bounds on the Forecast Error Variance Presented by: Alessio Volpicella, Queen Mary University Identifying Shocks via Time-Varying Volatility Presented by: Daniel Lewis, Federal Reserve Bank of New York Empirically relevant long-run restrictions Presented by: Tincho Almuzara, CEMFI Session 240: Inference in Predictive Regressions and Factor Models August 28, 2019 14:15 to 16:00 Location: University Place - 4.214 Session Chair: Thomas Despois, Paris School of Economics and Université Paris 1 Panthéon-Sorbonne thomas.despois@psemail.eu Session type: ES contributed Testing for Episodic Predictability in Stock Returns Presented by: Robert Taylor, University of Essex New robust inference for predictive regressions Presented by: Rustam Ibragimov, Imperial College London Determining the dimension of factor structures in non-stationary large datasets Presented by: Lorenzo Trapani, Another look into the factor model black box: factors interpretation and structural (in)stability Presented by: Thomas Despois, Paris School of Economics and Université Paris 1 Panthéon-Sorbonne Session 241: Labour Markets Flows and Outcomes August 28, 2019 14:15 to 16:00 Location: University Place - 3.212 Session Chair: Shigeru Fujita, Federal Reserve Bank of Philadelphia Shigeru.Fujita@phil.frb.org Session type: ES contributed Discouragement Traps Presented by: Tristan Potter, Drexel University Human Capital, Credit Constraints, and Underemployment Presented by: Paul Jackson, University of California, Irvine Health, Crime, and the Labor Market: Theory and Policy Analysis Presented by: C. Y. Kelvin Yuen, Washington University in St. Louis Elasticities of Labor Supply and Labor Force Participation Flows Presented by: Shigeru Fujita, Federal Reserve Bank of Philadelphia Session 242: Matching August 28, 2019 14:15 to 16:00 Location: University Place - 3.205 Session Chair: Vincent Meisner, TU Berlin vincent.meisner@gmail.com Session type: ES contributed Matching with Myopic and Farsighted Players Presented by: Ana Mauleon, Saint-Louis University- Brussels Centralized Matching with Incomplete Information Presented by: Marcelo Ariel Fernandez, Johns Hopkins University School choice and loss aversion Presented by: Vincent Meisner, TU Berlin Session 243: Optimal Mechanisms August 28, 2019 14:15 to 16:00 Location: University Place - 3.210 Session Chair: Juan Ignacio Beccuti Vazquez, U Bern juanbeccuti@gmail.com Session type: ES contributed Collusion via Information Sharing and Optimal Auctions Presented by: Olga Gorelkina, University of Liverpool Optimal Privacy-Constrained Mechanisms Presented by: Ran Eilat, Ben Gurion University Payoff Implications of Incentive Contracting Presented by: Daniel Garrett, Toulouse School of Economics Screening by Mode of Trade Presented by: Juan Ignacio Beccuti Vazquez, U Bern Session 244: Trade Policy and Trade Effects with Global Value Chains August 28, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.324 Session Chair: Yuko Imura, Bank of Canada yimura@bankofcanada.ca Session type: ES contributed The Impact of Technology Level on Global Value Chain Formation Presented by: Tran Lam Anh Duong, University of Tsukuba Endogenous Vertical Differentiation, Variety, and the Unequal Gains from Trade Presented by: Gunnar Heins, University of Florida Globalization, Productivity Growth, and Income Distribution Presented by: Oliver Holtemöller, Martin-Luther-University Halle-Wittenberg and Halle Leibniz-Institute for Economic Research (IWH) Reassessing Trade Barriers with Global Value Chains Presented by: Yuko Imura, Bank of Canada Session 245: Treatment Effects August 28, 2019 14:15 to 16:00 Location: University Place - 4.210 Session Chair: Michael Knaus, University of St. Gallen michael.knaus@unisg.ch Session type: ES contributed Sensitivity of LATE Estimates to Violations of the Monotonicity Assumption Presented by: Claudia Noack, Treatment Effect Models with Strategic Interaction in Treatment Decisions Presented by: Takahide Yanagi, Kyoto University Machine Learning Estimation of Heterogeneous Causal Effects: Empirical Monte Carlo Evidence Presented by: Michael Knaus, University of St. Gallen Session 246: Banks and the Central Bank August 28, 2019 16:30 to 17:45 Location: University Place - 1.219 Session Chair: Daniel Kaufmann, University of Neuchâtel daniel.kaufmann@unine.ch Session type: EEA contributed THE TRANSMISSION OF UNCONVENTIONAL MONETARY POLICY TO BANK CREDIT SUPPLY: EVIDENCE FROM THE TLTRO Presented by: António Afonso, ISEG-ULisboa Banks, Money and the Zero Lower Bound Presented by: Xuan Wang, University of Oxford Shocking Interest Rate Floors Presented by: Daniel Kaufmann, University of Neuchâtel Session 247: Bounded Rationality and Learning August 28, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.324 Session Chair: Roc Armenter, Federal Reserve Bank of Philadelphia roc.armenter@phil.frb.org Session type: EEA contributed Endogenously (Non-)Ricardian Beliefs Presented by: Emanuel Gasteiger, TU Wien Geometric Rational Inattention Presented by: Roc Armenter, Federal Reserve Bank of Philadelphia Session 248: Consumption and Expectations August 28, 2019 16:30 to 17:45 Location: University Place - 2.217 Session Chair: Penghui Yin, Goethe University Frankfurt yinpenghui2008@gmail.com Session type: EEA contributed Economic sentiments and consumption smoothing: International evidence Presented by: Lorenzo Ricci, European Stability Mechanism How Do Consumers Adapt to a New Environment in their Economic Forecasting? Evidence from the German Reunification. Presented by: Olga Goldfayn-Frank, Goethe University Frankfurt The optimal consumption choice under limited attention Presented by: Penghui Yin, Goethe University Frankfurt Session 249: Economics of Philanthropy: Experiments August 28, 2019 16:30 to 17:45 Location: University Place - 4.211 Session Chair: Maja Adena, WZB Social Science Center Maja.Adena@wzb.eu Session type: EEA contributed Personalized threshold matching for charitable gifts. A field experiment Presented by: Maja Adena, WZB Social Science Center Subsidizing Quantity Donations: Matches, Rebates, and Discounts Compared Presented by: Johannes Diederich, Heidelberg University SOCIAL DISTANCE AND INTER-CHARITY COMPETITION Presented by: Johannes Lohse, University of Birmingham Session 250: Environmental Policy and Regulation - Energy and Waste August 28, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.327 Session Chair: Karol Kempa, Frankfurt School of Finance and Management k.kempa@fs.de Session type: EEA contributed Changing the incentive to pollute: Heterogeneous effects of waste pricing policies Presented by: Marica Valente, HU Berlin and DIW Berlin Technological change, energy, environment and economic growth in Japan Presented by: Galina Besstremyannaya, National Research University Higher School of Economics, Russian Federation Clean Energy Investment and Credit Rationing Presented by: Karol Kempa, Frankfurt School of Finance and Management Session 251: Exchange Rates and Finance August 28, 2019 16:30 to 17:45 Location: University Place - 3.211 Session Chair: Annika Lindblad, University of Helsinki annika.lindblad@helsinki.fi Session type: EEA contributed Exchange Rate Determination in Incomplete Markets: The Long and the Short of It Presented by: Simon Lloyd, Bank of England Currency Anomalies Presented by: Anthony Garratt, University of Warwick Impact of Economic Variables on the Dynamic Co-movement of Exchange Rate and Equity Returns Presented by: Annika Lindblad, University of Helsinki Session 252: Fiscal Policy and Firm Dynamics August 28, 2019 16:30 to 17:45 Location: University Place - 2.220 Session Chair: edouard jousselin, Banque de France edouard.jousselin@banque-france.fr Session type: EEA contributed Investment Tax Credits and the Response of Firms Presented by: Adrian Lerche, Two-Tier Tax Systems and Firms: Evidence from Brazil Presented by: Arthur Seibold, University of Mannheim Shocking Capital: Firm-level Responses to a Large Business Tax Reform in France Presented by: edouard jousselin, Banque de France Session 253: Global Inequality August 28, 2019 16:30 to 17:45 Location: University Place - 4.209 Session Chair: Luis Valenzuela Rivera, University of Oxford luis.valenzuelarivera@spi.ox.ac.uk Session type: EEA contributed Revisiting the global decline of the (non-housing) labor share Presented by: Sophie Piton, Bank of England Global Earnings Inequality, 1970-2018 Presented by: Olle Hammar, Uppsala University Whom or What Does the Representative Firm Represent? Firm Heterogeneity and the Aggregate Labour Share Presented by: Luis Valenzuela Rivera, University of Oxford Session 254: Ideology and Cooperation August 28, 2019 16:30 to 17:45 Location: University Place - 4.213 Session Chair: Richard Jong-A-Pin, r.m.jong.a.pin@rug.nl Session type: EEA contributed Empirical evidence on repeated sequential games Presented by: Riccardo Ghidoni, University of Milan-Bicocca Government versus Private Ownership of Public Goods: Experimental Evidence Presented by: David Kusterer, University of Cologne An experimental test of survey measured political ideology Presented by: Richard Jong-A-Pin, Session 255: Investment Funds and Strategies August 28, 2019 16:30 to 17:45 Location: University Place - 3.204 Session Chair: Dilyara Salakhova, Banque de France & Univ of Paris West Nanterre salakhova.dilyara@gmail.com Session type: EEA contributed Short Selling and Excess Return Correlation Presented by: Marco Valerio Geraci, University of Cambridge Redemptions and Asset Liquidations in Corporate Bond Funds Presented by: Mark Weth, Deutsche Bundesbank Price effect of mutual fund flows on the corporate bond market: the French case Presented by: Dilyara Salakhova, Banque de France & Univ of Paris West Nanterre Session 256: Liquidity Regulation August 28, 2019 16:30 to 17:45 Location: University Place - 3.209 Session Chair: Guillaume Arnould, Bank of England guillaume.arnould@bankofengland.co.uk Session type: EEA contributed What drives sovereign debt portfolios of banks in a crisis context? Presented by: Matías Lamas, Banco de España Preferential Treatment of Government Bonds in Liquidity Regulation - Implications for Bank Behaviour and Financial Stability Presented by: André Sterzel, Heinrich Heine University Duesseldorf Can banks use their liquid asset buffers? Presented by: Guillaume Arnould, Bank of England Session 257: Robots and Trade August 28, 2019 16:30 to 17:45 Location: University Place - 3.213 Session Chair: Paulo Bastos, The World Bank pbastos@worldbank.org Session type: EEA contributed Robots and reshoring: Evidence from Mexican labor markets Presented by: Marius Faber, University of Basel Robots, Reshoring, and the Lot of Low-Skilled Workers Presented by: Astrid Krenz, Durham University Robots, Tasks, and Trade Presented by: Paulo Bastos, The World Bank Session 258: Technology and Labour Shares August 28, 2019 16:30 to 17:45 Location: University Place - 2.219 Session Chair: Yasuyuki Osumi, University of Hyogo osumi@econ.u-hyogo.ac.jp Session type: EEA contributed Explaining the Labor Share: Automation Vs Labor Market Institutions Presented by: Luis Guimaraes, Queen's University Belfast Labor shares in the EU - sectoral effects and the role of relative prices Presented by: Istvan Konya, Hungarian Academy of Sciences Biased Technical Changes and Wage Inequality- Skill-Biased vs. Capital-Biased Technical Progress - Presented by: Yasuyuki Osumi, University of Hyogo Session 259: The Rise of Populism I August 28, 2019 16:30 to 17:45 Location: Williamson Building - Room G.47 Session Chair: Davide Cipullo, Uppsala Universitet davide.cipullo@nek.uu.se Session type: EEA contributed High Frequency Identification of Political Outcome on Asset Prices The case of United Kingdom’s EU Membership Referendum Presented by: Margaux MacDonald, International Monetary Fund Biased Forecasts to Affect Voting Decisions? The Brexit Case Presented by: Davide Cipullo, Uppsala Universitet Session 260: Transportation and Urban Economics August 28, 2019 16:30 to 17:45 Location: University Place - 4.205 Session Chair: Clara Santamaria, CEMFI and Universidad Carlos III de Madr csantamaria@cemfi.es Session type: EEA contributed Roads, Migration and the Spatial Sorting of US Workers by Skill Presented by: Florin Cucu, Sciences Po Rush Hours and Urbanization Presented by: Jan Wickerath, Ruhr Graduate School in Economics The Role of Establishment Size in the City-Size Premium in Spain Presented by: Clara Santamaria, CEMFI and Universidad Carlos III de Madr Session 261: Dynamic Choice August 28, 2019 16:30 to 17:45 Location: University Place - 1.218 Session Chair: Marieke Pahlke, Bielefeld University marieke.pahlke@uni-bielefeld.de Session type: ES contributed Dynamic Choice with Status Quo: Theory and Design of Efficient Experiment Presented by: Francois Maniquet, CORE, Université Catholique de Louvain Time Consistency, Temporal Resolution Indifference and the Separation of Time and Risk Presented by: Felix Kubler, University of Zurich Dynamic Consistency in Incomplete Information Games with Multiple Priors Presented by: Marieke Pahlke, Bielefeld University Session 262: Gender and Age Gaps in the Labour Market August 28, 2019 16:30 to 17:45 Location: University Place - 2.218 Session Chair: Iacopo Morchio, University of Vienna iacopo.morchio@univie.ac.at Session type: ES contributed Why are the older workers discriminated? Presented by: Emmanuel Duguet, Université Paris Est, ERUDITE Intra-firm hierarchies and gender gaps Presented by: Joanne Tan, University of Michigan The Gender Gap: Micro Sources and Macro Consequences Presented by: Iacopo Morchio, University of Vienna Session 263: Health Insurance August 28, 2019 16:30 to 17:45 Location: University Place - 4.204 Session Chair: Laura Birg, University of Göttingen laura.birg@wiwi.uni-goettingen.de Session type: ES contributed Taking Cover: Human Capital Accumulation in the Presence of Shocks and Health Insurance Presented by: Paulino Font Gilabert, University of Essex Long-Term Health Insurance: Theory Meets Evidence Presented by: Martin Karlsson, Reference Pricing and Parallel Imports: Evidence from Germany Presented by: Laura Birg, University of Göttingen Session 264: Information Design August 28, 2019 16:30 to 17:45 Location: University Place - 3.214 Session Chair: Deepal Basak, Indian School of Business deepal_basak@isb.edu Session type: ES contributed Information design through scarcity and social learning Presented by: Alexei Parakhonyak, University of Oxford Persuasion with Strategic Reporting Presented by: Run Li, Hong Kong University of Science and Technology Timely Persuasion Presented by: Deepal Basak, Indian School of Business Session 265: Learning August 28, 2019 16:30 to 17:45 Location: University Place - 3.212 Session Chair: Julia Salmi, Aalto University julia.salmi@aalto.fi Session type: ES contributed Learning while Trading: Experimentation and Coasean Dynamics Presented by: Niccolo Lomys, Toulouse School of Economics Social Learning with Endogenous Order of Moves Presented by: Daniel Hauser, Aalto University and Helsinki GSE Endogenous Learning from Incremental Actions Presented by: Tuomas Laiho, University of Oslo Session 266: Macroeconomics: Human Capital, Education and Inequality August 28, 2019 16:30 to 17:45 Location: University Place - 3.210 Session Chair: Urvi Neelakantan, CAFRAL urvi.neelakantan@gmail.com Session type: ES contributed Education Affordability and Earnings Inequality Presented by: Oliko Vardishvili, European University Institute A Theory of Human Capital Specialization Presented by: Daniel Fershtman, University of Bonn and Tel-Aviv University Who Values Access to College? Presented by: Urvi Neelakantan, CAFRAL Session 267: Market Experiments August 28, 2019 16:30 to 17:45 Location: University Place - 4.206 Session Chair: Ro'i Zultan, Ben-Gurion University of the Negev zultan@bgu.ac.il Session type: ES contributed Manipulation in prediction markets Presented by: Ro'i Zultan, Ben-Gurion University of the Negev Cursedness in Markets with Asymmetric Information: Theory and Experimental Evidence Presented by: Lukas Wenner, University of Cologne Market power and information effects in a multi-unit auction Presented by: Andreas Hefti, University of Zurich; Zurich University Session 268: Programme Evaluation August 28, 2019 16:30 to 17:45 Location: University Place - 4.214 Session Chair: Michael Lechner, University of St. Gallen Michael.lechner@unisg.ch Session type: ES contributed Combining Quasi-Experimental Shocks with Endogenous Exposure: A General Framework Presented by: Kirill Borusyak, University College London Identification of causal mechanisms based on between-subject double randomization designs Presented by: Conny Wunsch, University of Basel Modified Causal Forests for Estimating Heterogeneous Causal Effects Presented by: Michael Lechner, University of St. Gallen Session 269: Risk Management August 28, 2019 16:30 to 17:45 Location: University Place - 4.212 Session Chair: Matthew Greenwood-Nimmo, University of Melbourne mgreenwood@unimelb.edu.au Session type: ES contributed Backtesting Expected Shortfall via Multi-Quantile Regression Presented by: Ophélie Couperier, CREST - ENSAE Measuring Systemic Risk with Non-Exchangeable Copulas Presented by: Sangwon LEE, THEMA, Université de CERGY-PONTOISE What's Mine is Yours: Sovereign Risk Transmission during the European Debt Crisis Presented by: Matthew Greenwood-Nimmo, University of Melbourne Session 270: Search and Asymmetric Information August 28, 2019 16:30 to 17:45 Location: University Place - 3.205 Session Chair: Markus Parlasca, University of Oxford markus.parlasca@economics.ox.ac.uk Session type: ES contributed Transition Dynamics in Equilibrium Search Presented by: Nuray Akin, Ozyegin University, School of Business Pricing for the Stars - Dynamic Pricing in the Presence of Rating Systems Presented by: Andre Stenzel, University of Mannheim Tying Contracts in Selection Markets: A Solution to the Unravelling Problem Presented by: Markus Parlasca, University of Oxford Session 271: Time Series Modelling with Regime Changes and Non-Gaussianities August 28, 2019 16:30 to 17:45 Location: University Place - 4.210 Session Chair: Michael Owyang, Federal Reserve Bank of St Louis owyang@stls.frb.org Session type: ES contributed GMM Estimation of Non-Gaussian Structural Vector Autoregression Presented by: Markku Lanne, University of Helsinki Dynamic clustering of multivariate panel data Presented by: Julia Schaumburg, VU University Amsterdam Contagious Switching Presented by: Michael Owyang, Federal Reserve Bank of St Louis Session 272: EEA Presidential Address August 28, 2019 18:00 to 19:15 Location: University Place - Lecture Theatre B Session Chair: Eliana La Ferrara, Bocconi University eliana.laferrara@unibocconi.it Session type: EEA invited Tax Progressively in Macroeconomics Presented by: Kjetil Storesletten, University of Oslo Session 273: Marshall Lecture August 29, 2019 9:00 to 10:15 Location: University Place - Lecture Theatre B Session Chair: Per Krusell, Stockholm University per.krusell@iies.su.se Session type: EEA invited Improving Equality of Opportunity: New Insights from Big Data Presented by: Raj Chetty, Harvard University Session 274: Competition and Concentration August 29, 2019 10:45 to 12:45 Location: Simon Building - Theatre B Session Chair: German Gutierrez, NYU Stern ggutierr@stern.nyu.edu Session type: EEA invited Supersize Me: Intangibles and Industry Concentration Presented by: Chiara Criscuolo, LSE and OECD Competition and Market Concentration in Europe Presented by: Tommaso Valletti, Imperial College London How EU Markets Became More Competitive Than US Markets: A Study of Institutional Drift Presented by: German Gutierrez, NYU Stern Session 275: Gender and Development August 29, 2019 10:45 to 12:45 Location: Kilburn Building - 1.1 Session Chair: Alessandra Voena, University of Chicago avoena@uchicago.edu Session type: EEA invited Intergenerational Associations and the Fertility Transition Presented by: Tom Vogl, University of Texas at Austin Conditional Cash Transfers and Bargaining Power: Measuring Directly the Impact of Transfers on Female Positions in the Marriage Presented by: Ingvild Almås, Institute for International Economic Studies Maternal Mortality and the Gender Gap in the Demand for Children in Zambia Presented by: Roberta Ziparo, University of Aix-Marseille Session 276: Surveys of Expectations and Their Use August 29, 2019 10:45 to 12:45 Location: Simon Building - Theatre E Session Chair: Yuriy Gorodnichenko, University of California Berkeley ygorodni@econ.berkeley.edu Session type: EEA invited Inflation Expectations and Firm Decisions: New Causal Evidence Presented by: Yuriy Gorodnichenko, University of California Berkeley Human Frictions to the Transmission of Economic Policy Presented by: Michael Weber, University of Chicago Salient Price Changes, Inflation Expectations, and Household Behavior Presented by: Ulrike Malmendier, University of California, Berkeley Session 277: Technological Innovation and Cities August 29, 2019 10:45 to 12:45 Location: Simon Building - Theatre D Session Chair: David Weinstein, Columbia University dew35@columbia.edu Session type: EEA invited The Making of the Modern Metropolis: Evidence from London Presented by: Daniel Sturm, London School of Economics Division of Labor and Productivity Advantage of Cities: Theory and Evidence from Brazil Presented by: Lin Tian, INSEAD The Impact of E-Commerce on Urban Prices and Welfare Presented by: David Weinstein, Columbia University Session 278: Advances in Empirical Analysis of Organizations August 29, 2019 10:45 to 12:45 Location: University Place - Lecture Theatre A Session Chair: Rachel Griffith, IFS rgriffith@ifs.org.uk Session type: ES invited Incentives and the Allocation of Authority in Organizations: A Field Experiment with Bureaucrats Presented by: Oriana Bandiera, London School of Economics The Innovation Premium to Soft Skills in Low-Skilled Occupations Presented by: Rachel Griffith, IFS Session 279: Decision Making within Organisations / Political Economy August 29, 2019 10:45 to 12:45 Location: Simon Building - Theatre A Session Chair: Vasiliki Skreta, UT Austin and University College London vskreta@gmail.com Session type: ES invited Delegation in Veto Bargaining Presented by: Navin Kartik, Columbia University Voting in Parliaments : Conscience or Strategy? Presented by: Benny Moldovanu, University of Bonn Session 280: New Methods for Sensitivity Analysis August 29, 2019 10:45 to 12:45 Location: Simon Building - Theatre C Session Chair: Michal Kolesar, Princeton University mkolesar@princeton.edu Session type: ES invited Minimizing Sensitivity to Model Misspecification Presented by: Stephane Bonhomme, University of Chicago Sensitivity Analysis using Approximate Moment Condition Models Presented by: Michal Kolesar, Princeton University Session 281: Consumer Search August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 a Session Chair: Ioana Chioveanu, Brunel University London ioana.chioveanu@brunel.ac.uk Session type: EEA contributed Intrafirm comparison shopping Presented by: Saara Hämäläinen, University of Helsinki Social Information and Consumer Heterogeneity Presented by: Lois Simanjuntak, The University of Manchester Market Transparency and Consumer Search - Evidence from the German Retail Gasoline Market Presented by: Simon Martin, University of Vienna Endogenous Prominence and Maximal Obfuscation Presented by: Ioana Chioveanu, Brunel University London Session 282: Education Policies August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.328 Session Chair: Grace Li, International Monetary Fund bli2@imf.org Session type: EEA contributed The Allocation of Public Expenditures Across Educational Stages: A Quantitative Analysis for a Developing Country Presented by: Luiz Brotherhood, Fundacao Getulio Vargas The Education Trap: Could a grades-focussed educational system be perpetuating poverty in advanced economies? Presented by: Iain Embrey, Lancaster University Investing in Public Infrastructure: Roads or Schools? Presented by: Grace Li, International Monetary Fund Session 283: Exchange Rates and the Real Economy August 29, 2019 14:15 to 16:00 Location: University Place - 4.205 Session Chair: Marta Giagheddu, Johns Hopkins SAIS mgiaghe1@jhu.edu Session type: EEA contributed What Drives the Terms of Trade Neutrality to Exchange Rates? Presented by: Justas Dainauskas, University of York Optimal exchange rate regime and rm dynamics Presented by: Masashige Hamano, Waseda University Cheaper Currencies and Long-Term Growth: The Effect of Exchange Rate Management and Capital Controls Presented by: Phornchanok Cumperayot, Chulalongkorn University Demographics and the real exchange rate Presented by: Marta Giagheddu, Johns Hopkins SAIS Session 284: Financial Frictions and Firms August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.325 Session Chair: Patrick Macnamara, University of Manchester pmacnama@gmail.com Session type: EEA contributed Uncovering the mechanism(s): Financial constraints and wages Presented by: Hamzeh Ara, RWTH Aachen University Financial Covenants, Firm Financing and Investment Presented by: Konrad Adler, Toulouse School of Economics Financial Development Beyond the Formal Financial Market Presented by: Lin Shao, Bank of Canada Misallocation and Credit Market Constraints: the Role of Long-Term Financing Presented by: Patrick Macnamara, University of Manchester Session 285: Forward Guidance August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.327 Session Chair: Sweder van Wijnbergen, University of Amsterdam s.j.g.vanwijnbergen@uva.nl Session type: EEA contributed Publication of Interest Rate Paths: Guidance? Presented by: Gisle Natvik, BI Norwegian Business School Strategic Communication with Heterogenous Beliefs Presented by: Sylverie Herbert, Cornell Can more public information raise uncertainty? The international evidence on Forward Guidance Presented by: Georg Strasser, European Central Bank What Option Prices tell us about the ECB's Unconventional Monetary Policies Presented by: Sweder van Wijnbergen, University of Amsterdam Session 286: Gender and Marriage in Development August 29, 2019 14:15 to 16:00 Location: University Place - 3.209 Session Chair: Isopi Alessia, University of Manchester alessia.isopi@manchester.ac.uk Session type: EEA contributed Women's Position in Ancestral Societies and Female HIV: The Long-Term Effect of Matrilineality in Sub-Saharan Africa Presented by: Jordan Loper, Aix-Marseille School of Economics Marriage in the time of Aids epidemic: an empirical analysis of Brazil Presented by: Paula Pereda, University of Sao Paulo The allocation of resources within polygamous households: evidence from Nigeria Presented by: Isopi Alessia, University of Manchester Session 287: Global Value Chains August 29, 2019 14:15 to 16:00 Location: University Place - 4.209 Session Chair: Giorgia Giovannetti, University of Florence giorgia.giovannetti@unifi.it Session type: EEA contributed Global Value Chains and the Business Cycle Presented by: alessandro ferrari, European University Institute Endogenous Production Networks and Gains from Trade Presented by: Yimei Zou, Institute for International Economics Studies, Stockholm University The Trade and Import Demand Nexus– What Role for Global Value Chains? Presented by: Frauke Skudelny, ECB Global Value Chain Trade along the Belt and Road and Projects Allocation Presented by: Giorgia Giovannetti, University of Florence Session 288: Home Ownership and Risks August 29, 2019 14:15 to 16:00 Location: University Place - 2.220 Session Chair: Philippe Bracke, Financial Conduct Authority philippe.bracke@gmail.com Session type: EEA contributed Interest-Only Mortgages and Consumption Growth: Evidence from a Mortgage Market Reform Presented by: Claes Backman, Lund University The Impacts of Mortgage Regulations on Households' Life-cycle Housing Decisions Presented by: Anson Ho, Bank of Canada Home ownership as self-insurance for long-term care - A dynamic simulation analysis Presented by: Maurice Hofmann, University of Wuerzburg Housing Affordability, House Price Expectations and Shared Equity Mortgages Presented by: Philippe Bracke, Financial Conduct Authority Session 289: Inequality and Redistribution August 29, 2019 14:15 to 16:00 Location: University Place - 2.217 Session Chair: Zohal Hessami, University of Konstanz Zohal.Hessami@uni-konstanz.de Session type: EEA contributed Higher Taxation for Fairer Redistribution? A Political Economy Model with Occupational Choice Presented by: Ning Xue, The University of York Inequality, Polygyny and Conflict - Exploring the Mechanisms Presented by: Laura Renner, University of Freiburg Inequality and Growth in the 21st Century Presented by: Weijie Luo, Central University of Finance and Economics Does the entry of a woman into political office affect policy choices? Presented by: Zohal Hessami, University of Konstanz Session 290: IO Theory August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.329 Session Chair: Jacopo Bizzotto, OsloMet jacopobi@oslomet.no Session type: EEA contributed Reverse Contests Presented by: aner sela, Ben-Gurion University of the Negev Authority and Information Acquisition in Cheap Talk with Informational Interdependence Presented by: Daniel Habermacher, The University of Warwick The Impact of Product Qualities on Downstream Bundling in a Distribution Channel Presented by: Joachim Heinzel, Paderborn University Certification Delegation Presented by: Jacopo Bizzotto, OsloMet Session 291: Labour Markets: Frictions and Technology August 29, 2019 14:15 to 16:00 Location: University Place - 3.213 Session Chair: Alexandra Fedorets, DIW Berlin afedorets@diw.de Session type: EEA contributed Mismatch and the consequences of job loss Presented by: Sigurd Mølster Galaasen, Norges Bank Labor Supply and Automation Innovation Presented by: Carsten Feuerbaum, KU Eichstätt-Ingolstadt A Joint Theory of Polarization and Deunionization Presented by: Anna Hartmann, University of Cologne Large Wage Shocks, Technological Substitution and Employment Perspectives Presented by: Alexandra Fedorets, DIW Berlin Session 292: Maternal Labour Supply August 29, 2019 14:15 to 16:00 Location: University Place - 3.204 Session Chair: Hamish Low, University of Oxford hamish.low@economics.ox.ac.uk Session type: EEA contributed Million Dollar Baby: Should Parental Benefits Depend on Wages When Payroll Tax Evasion is Present? Presented by: Anna Zasova, Baltic International Centre for Economic Policy Studies Health Insurance for Children and Mother’s Labor Supply: Evidence from Mexico Presented by: Pablo Celhay, Pontificia Universidad Católica de Chile Multiple Births, Birth Quality and Maternal Labour Supply: Analysis of IVF Reform in Sweden Presented by: Hanna Mühlrad, Karolinska Institute Individual and Marriage-Specific Investments: women's labour supply, fertility and bargaining within marriage Presented by: Hamish Low, University of Oxford Session 293: Monetary Policy and the Banking Sector August 29, 2019 14:15 to 16:00 Location: Williamson Building - Room G.03 Session Chair: Elizaveta Sizova, KU Leuven elizaveta.sizova@kuleuven.be Session type: EEA contributed How Banks Respond to NPLs: Evidence from the Euro Area Presented by: Immacolata Marino, University of Naples Federico II Win-win or joy and sorrow? Spillover of asset purchases to the real sector Presented by: Talina Sondershaus, Halle Institute for Economic Research Forward Guidance and the Risk-Taking Channel Presented by: Nikos Paltalidis, Durham University Banks' Internal Models: Evidence from Inside the Black Box Presented by: Elizaveta Sizova, KU Leuven Session 294: Money in Politics: Campaign Contributions and Lobbying August 29, 2019 14:15 to 16:00 Location: University Place - 2.219 Session Chair: Bruno Carvalho, NovaSBE - UNL bmpcarvalho@gmail.com Session type: EEA contributed The value of confidential policy information: persuasion, transparency, and influence Presented by: Clement Minaudier, LSE It Takes Money to Make MPs: New Evidence from 150 Years of British Campaign Spending Presented by: Edgard Dewitte, The Efficiency Implications of Political Donations Presented by: Vítězslav Titl, KU Leuven Campaign Spending in Local Elections: The more the merrier? Presented by: Bruno Carvalho, NovaSBE - UNL Session 295: Retirement and Pensions II August 29, 2019 14:15 to 16:00 Location: Kilburn Building - 1.4 Session Chair: Andreas Winkler, University of Kiel a.winkler@economics.uni-kiel.de Session type: EEA contributed Survival pessimism and the demand for annuities Presented by: David Sturrock, Institute for Fiscal Studies The Aging-Inflation Puzzle: on the Interplay between Aging, Inflation and Pension Systems Presented by: Duarte Nuno Semedo Leite, Max Planck Institute for Social Law and Social Policy How costly are pension reform reversals? - An analysis based on the Ageing Report Presented by: Carolin nerlich, Effective Marginal Tax Rates of Pension Systems Presented by: Andreas Winkler, University of Kiel Session 296: Schools and Neighbourhoods August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - G306 b Session Chair: Francesco Andreoli, University of Verona and Luxembourg Institute of Socio-Economic Research (LISER) francesco.andreoli@liser.lu Session type: EEA contributed Sorting into Neighborhoods and Schools: The Role of Minimum Lot Sizes Presented by: Amrita Kulka, University of Wisconsin-Madison School Choice and Neighbourhood Sorting Presented by: Ellen Greaves, University of Bristol Access to Better Public Schools: Effects on Private Expenditure on Children Presented by: Pei Gao, NYU-Shanghai Does comprehensive compulsory schooling equalize opportunities? Presented by: Francesco Andreoli, University of Verona and Luxembourg Institute of Socio-Economic Research (LISER) Session 297: Social Preferences August 29, 2019 14:15 to 16:00 Location: University Place - 1.219 Session Chair: Thomas Neuber, University of Bonn thomas.neuber@uni-bonn.de Session type: EEA contributed Giving When Responsible For Others' Risk Presented by: Xiaogeng Xu, Norwegian School of Economics Comparison with others, goal setting, and consistent behaviour: Theory and experiments Presented by: Pia Weiss, Nottingham University Business School The determinants of discounting in intergenerational decision-making Presented by: Eric Sachsenhausen, RWTH Aachen University Motivated by Others’ Preferences? An Experiment on Imperfect Empathy Presented by: Thomas Neuber, University of Bonn Session 298: Sovereign Debt and Default August 29, 2019 14:15 to 16:00 Location: University Place - 4.211 Session Chair: Jean-Paul RENNE, University of Lausanne jean-paul.renne@unil.ch Session type: EEA contributed Sovereign Debt Overhang, Expenditure Composition, and Debt Restructurings Presented by: Hyungseok Joo, University of Surrey A Quantitative Theory of Hard and Soft Sovereign Defaults Presented by: Grey Gordon, FRB Richmond Persistent Unemployment, Sovereign Debt Crises, and the Impact of Haircuts Presented by: Timm Marc Prein, University of Konstanz Fiscal Limits and Sovereign Credit Spreads Presented by: Jean-Paul RENNE, University of Lausanne Session 299: Systemic Risk, Banks and NonBanks August 29, 2019 14:15 to 16:00 Location: Williamson Building - Room G.47 Session Chair: Deyan Radev, University of Bonn dradev@uni-bonn.de Session type: EEA contributed Systemic risk spillovers and interconnectedness between systemically important banks Presented by: Alin Marius Andries, Alexandru Ioan Cuza University of Iasi Systemic Risk and Centrality Revisited: The Role of Interactions Presented by: Hossein Asgharian, Lund University Benefits and Risks of Shadow Money: Evidence from the Chinese WMP Market Presented by: Eva Luetkebohmert, University of Freiburg Bank Resolution Regimes and Systemic Risk Presented by: Deyan Radev, University of Bonn Session 300: Tax Evasion II August 29, 2019 14:15 to 16:00 Location: Kilburn Building - 1.3 Session Chair: Zhiyang Jia, jia@ssb.no Session type: EEA contributed Small Firms and Corporate Taxes: Effects on (Real) Economic Outcomes Presented by: Aliisa Koivisto, University of Helsinki Structured Management and Tax Planning Practices in the Firm Presented by: Katarzyna Bilicka, Utah State University Tax Haven Investors and Corporate Profitability - Evidence of Profit Shifting by German-Based Affiliates of Multinational Firms Presented by: Sarah Godar, Charles University Prague, Berlin School of Economics and Law Behavioral Responses to Tax Audits: Between Deterrence and Approval Presented by: Zhiyang Jia, Session 301: Taxation and the Firm August 29, 2019 14:15 to 16:00 Location: Kilburn Building - 1.5 Session Chair: Jarkko Harju, VATT Institute for Economic Research jarkko.harju@vatt.fi Session type: EEA contributed Optimal Benefit-Based Corporate Income Tax Presented by: Simon Naitram, University of Glasgow Effects of subsidizing the first employee – Empirical evidence from Finland Presented by: Annika Nivala, University of Turku Redistributive Taxation and Directed Technical Change Presented by: Jonas Loebbing, University of Cologne Using Payroll Tax Variation to Unpack the Black Box of Firm-Level Production Presented by: Jarkko Harju, VATT Institute for Economic Research Session 302: Trade Shocks August 29, 2019 14:15 to 16:00 Location: University Place - 4.213 Session Chair: Clément Mazet-Sonilhac, Sciences Po Paris, Banque de France clement.mazet@sciencespo.fr Session type: EEA contributed The Gains from Reshaping Infrastructure: Evidence from the Division of Germany Presented by: Marta Santamaria, Universitat Pompeu Fabra / BGSE The Common Currency Effect on Trade: Causal Evidence from a Natural Experiment Presented by: Roger Vicquéry, London School of Economics Trade disruption, industrialisation, and the setting sun of British colonial rule in India Presented by: Bjoern Brey, University of Nottingham Technology-induced Trade Shocks? Evidence from Broadband Expansion in France Presented by: Clément Mazet-Sonilhac, Sciences Po Paris, Banque de France Session 303: Twenty Years of the Euro August 29, 2019 14:15 to 16:00 Location: Simon Building - Theatre D Session Chair: Frank Smets, European Central Bank Frank.Smets@ecb.int Session type: EEA contributed Private and public risk sharing in the euro area Presented by: Jacopo Cimadomo, European Central Bank The first twenty years of the European Central Bank: monetary policy Presented by: Frank Smets, European Central Bank Central Banks in Parliaments - A text analysis approach to accountability practices and an application to the ECB, the Fed and the BoE Presented by: Alessandro Giovannini, European Central Bank Hanging from a cross of euros? Macroeconomic adjustment in and out of the Eurozone Presented by: Livio Stracca, Session 304: Wages and Firms August 29, 2019 14:15 to 16:00 Location: University Place - 3.211 Session Chair: Martin Kerndler, TU Wien martin.kerndler@tuwien.ac.at Session type: EEA contributed Wage Dispersion Between Firms Presented by: Horng Chern Wong, University of Warwick Do Public Subsidies to Union Membership Increase Union Membership Rates? Presented by: Harald Dale-Olsen, Institute for Social Research Firm Size, Workforce Composition, and Wage Inequality Presented by: Daniel Bias, Technical University of Munich Size and persistence matters: Wage and employment insurance at the micro level Presented by: Martin Kerndler, TU Wien Session 305: Aggregate Volatility and Spillovers in Open Economies August 29, 2019 14:15 to 16:00 Location: University Place - 4.212 Session Chair: Adam Gulan, Bank of Finland adam.gulan@bof.fi Session type: ES contributed Uncertainty and Aggregate macroeconomic fluctuations in Small Open Economies Presented by: Diego Vilan, Federal Reserve Board of Governors Dissecting Trade and Business Cycle Co-movement Presented by: Paul Ko, The Pennsylvania State University The decomposition of the impact of international monetary spillovers to emerging market economies Presented by: Francisco Santos, IPEA Interest Rates, Revealed Preferences, and the Open Economy Presented by: Adam Gulan, Bank of Finland Session 306: Behaviour in Games August 29, 2019 14:15 to 16:00 Location: University Place - 4.210 Session Chair: Wladislaw Mill, University of Mannheim mill@uni-mannheim.de Session type: ES contributed Communication with Partially Verifiable Information: An Experiment Presented by: Maria Montero, University of Nottingham Spite in Litigation Presented by: Wladislaw Mill, University of Mannheim Session 307: Contract Theory II August 29, 2019 14:15 to 16:00 Location: University Place - 4.204 Session Chair: Alexander Frug, Universitat Pompeu Fabra alexander.frug@upf.edu Session type: ES contributed Optimal CEO Turnover Presented by: Youzhi Yang, Shanghai University of Finance and Economics Ambiguity and Beliefs in the Principal Agent Model Presented by: Jaime Zender, University of Colorado Boulder Should I Stalk or Should I Go? An Insurance Auditing Exploration/Exploitation Dilemma Presented by: Reda Aboutajdine, Ecole Polytechnique Monotone Contracts Presented by: Alexander Frug, Universitat Pompeu Fabra Session 308: Economic Conditions, Education Choices and Outcomes August 29, 2019 14:15 to 16:00 Location: University Place - 3.212 Session Chair: Matias Cortes, York University gmcortes@yorku.ca Session type: ES contributed Self-financing, Parental Transfer, and College Education Presented by: Sunha Myong, Singapore Management University Liquidity constraints, opportunity cost and post-secondary education. Evidence from Colombia Presented by: Jaime Millán-Quijano, UC3M The Evolution of the U.S. Family Income-Schooling Relationship and Educational Selectivity Presented by: Jorgen Hansen, concordia university Caught in the Cycle: Economic Conditions at Enrollment and Labor Market Outcomes of College Graduates Presented by: Matias Cortes, York University Session 309: Industrial Organisation: Theory August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.324 Session Chair: Sergei Izmalkov, New Economic School Moscow sizmalkov@gmail.com Session type: ES contributed Proportional versus Fixed Fees: Incentive and Welfare Presented by: Zhiyong Yao, Fudan University, School of Management Does a narrower product range mean lower welfare? Horizontal merger analysis with endogenous product range choice Presented by: Lijun Pan, Nanjing University Multi-product Supply Function Equilibria Presented by: Bert Willems, Tilburg University Davids and Goliath: Spatial competition of niche and general products Presented by: Sergei Izmalkov, New Economic School Moscow Session 310: Macro-Finance II: Predictability and Discount Rates August 29, 2019 14:15 to 16:00 Location: University Place - 3.210 Session Chair: Lea Eilers, RWI – Leibniz Institute for Economic Research lea.eilers@rwi-essen.de Session type: ES contributed Examining the Sources of Excess Return Predictability: Stochastic Volatility or Market Inefficiency? Presented by: Kevin Lansing, Federal Reserve Bank of San Francisco Prices and Returns: What Is the Role of Inflation? Presented by: Yulong Sun, Bocconi University Technology adoption and long discount rates Presented by: Rodolfo Prieto, INSEAD Is My Rental Price Overestimated? A Small Area Index for Germany Presented by: Lea Eilers, RWI – Leibniz Institute for Economic Research Session 311: Methods for Evaluation of Financial Forecasts August 29, 2019 14:15 to 16:00 Location: University Place - 3.205 Session Chair: Alan Wan, City University of Hong Kong msawan@cityu.edu.hk Session type: ES contributed Nonparametric Tests for Superior Predictive Ability Presented by: Valerio Poti, University College Dublin Detecting Density Forecast Breakdowns Presented by: Yiru Wang, Universitat Pompeu Fabra (UPF) Encompassing Tests for Higher-Order Elicitable Functionals Presented by: Timo Dimitriadis, University of Konstanz Model Averaging in a Multiplicative Heteroscedastic Model Presented by: Alan Wan, City University of Hong Kong Session 312: Minimum Distance Estimation August 29, 2019 14:15 to 16:00 Location: Jean McFarlane - 2.326 Session Chair: Selver Derya Uysal, LMU Munich derya.uysal@econ.lmu.de Session type: ES contributed Optimal GMM-based Model Averaging for Finite Samples Presented by: Luis Filipe Martins, Instituto Universitario de Lisboa, ISCTE - IUL A Doubly Corrected Robust Variance Estimator for Linear GMM Presented by: Byunghoon Kang, Lancaster University Inference in linear models with structural changes and mixed identification strength Presented by: Otilia Boldea, Tilburg University Heterogeneity in Network Peer Effects Presented by: Selver Derya Uysal, LMU Munich Session 313: Monetary Policy and Heterogeneity August 29, 2019 14:15 to 16:00 Location: University Place - 2.218 Session Chair: Tobias König, DIW Berlin, Humboldt University Berlin tkoenig@diw.de Session type: ES contributed Heterogeneity in inflation expectations and personal experience Presented by: Cristina Angelico, Bank of Italy, Bocconi University Central Bank Predictions, Heterogeneous Expectations and Inflation Dynamics Presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas The Financial Accelerator, Wages and Optimal Simple Monetary Policy Rules Presented by: Tobias König, DIW Berlin, Humboldt University Berlin Session 314: Optimal Monetary and Capital Account Policy August 29, 2019 14:15 to 16:00 Location: University Place - 4.214 Session Chair: Mark Spiegel, Federal Reserve Bank of San Francisco mark.spiegel@sf.frb.org Session type: ES contributed Optimal Policy under Dollar Pricing Presented by: Konstantin Egorov, New Economic School Exchange rate volatility and welfare in an incomplete markets' economy Presented by: Sara Eugeni, Durham University Searching for Currency Regime Effects on Real Exchange Rate Adjustments: 1972 Okinawa Reversion Presented by: Takashi Kano, Hitotsubashi University OPTIMAL CAPITAL ACCOUNT LIBERALIZATION IN CHINA Presented by: Mark Spiegel, Federal Reserve Bank of San Francisco Session 315: Voting and Elections August 29, 2019 14:15 to 16:00 Location: University Place - 4.206 Session Chair: Costel Andonie, University of Chicago candonie@uchicago.edu Session type: ES contributed Stable Constitutions Presented by: Daeyoung Jeong, Pohang University of Science and Technology Dynamic Campaign Spending Presented by: Edoardo Grillo, Collegio Carlo Alberto Sequential Vote Buying Presented by: Jan Zapal, CERGE-EI, IAE-CSIC, and Barcelona GSE Attentiveness in elections with impressionable voters Presented by: Costel Andonie, University of Chicago Session 316: Welfare Economics August 29, 2019 14:15 to 16:00 Location: University Place - 3.214 Session Chair: Canh Dang, University of Warwick dangcanhthien@gmail.com Session type: ES contributed A model of social welfare improving transfers Presented by: Brice Magdalou, University of Montpellier Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance Presented by: Zhuan Pei, Cornell University Luck-Decomposable Mobility Index Presented by: Jun Matsui, Waseda University Does transparency come at the cost of charitable services? Evidence from investigating British charities Presented by: Canh Dang, University of Warwick Session 317: Energy Consumption and Regulation August 29, 2019 16:30 to 17:45 Location: Jean McFarlane - G306 b Session Chair: Ralf Martin, Imperial college r.martin@imperial.ac.uk Session type: EEA contributed Heterogeneous welfare and emission effects of energy tax policies in Brazil Presented by: Maria Alice Moz Christofoletti, University of Sao Paulo Making Smart Meters Smart the Smart Way Presented by: Quentin Coutelier, Imperial College London Sharing is cheating? Solar microgrids and consumer behavior in Rwanda Presented by: Ralf Martin, Imperial college Session 318: Expectations, Uncertainty and Cycles August 29, 2019 16:30 to 17:45 Location: University Place - 3.204 Session Chair: Joao Madeira, University of York joao.madeira@york.ac.uk Session type: EEA contributed Household Expectations and the Credit Cycle Presented by: Cristina Angelico, Bank of Italy, Bocconi University Regime-dependent Effects of Uncertainty Shocks: A Structural Interpretation Presented by: Fabien Tripier, Université Paris-Saclay & CEPII Wage inflation and unemployment under heterogeneous expectations with evolutionary learning Presented by: Joao Madeira, University of York Session 319: Institution Specialization and Change August 29, 2019 16:30 to 17:45 Location: University Place - 1.219 Session Chair: Kevin Sheedy, London School of Economics k.d.sheedy@lse.ac.uk Session type: EEA contributed Economic Incentives, Institutional and Cultural Change: the Evolution of Slavery in the Antebellum South Presented by: Michele Rosenberg, Universidad Carlos III de Madrid Economic Uncertainty and Structural Reforms Presented by: Alessandra Bonfiglioli, Queen Mary University of London Institutional Specialization Presented by: Kevin Sheedy, London School of Economics Session 320: Labour Flows Over The Business Cycle August 29, 2019 16:30 to 17:45 Location: University Place - 3.211 Session Chair: Stefan Schiman, WIFO stefan.schiman@wifo.ac.at Session type: EEA contributed On the (In)flexibility of Labor Market Adjustments Presented by: Chi Man Yip, University of Calgary The Ins and Outs of Unemployment in General Equilibrium Presented by: Nikolaos Kokonas, University of Bath Labor Supply Shocks and the Beveridge Curve - Empirical Evidence from EU Enlargement Presented by: Stefan Schiman, WIFO Session 321: Labour Market Risk August 29, 2019 16:30 to 17:45 Location: University Place - 2.219 Session Chair: Piotr Denderski, University of Leicester piotr.denderski@leicester.ac.uk Session type: EEA contributed Is Household Heterogeneity Important for Business Cycles? Presented by: Youngsoo Jang, Shanghai University of Finance and Economics Welfare Consequences of Rising Wage Risk in the United States: Self-Selection into Risky Jobs and Family Labor Supply Adjustments Presented by: Seonyoung Park, University of Delaware Job Search and Experimentation in the Standard Incomplete Markets Model Presented by: Piotr Denderski, University of Leicester Session 322: Labour Markets in the Global Economy August 29, 2019 16:30 to 17:45 Location: University Place - 4.205 Session Chair: Brigitte Hochmuth, Friedrich-Alexander University Erlangen-Nuremberg (FAU) brigitte.hochmuth@fau.de Session type: EEA contributed Effects of a European Unemployment Insurance Presented by: David Vespermann, University of Heidelberg Labor Market Effects of Technology Shocks Biased toward the Traded Sector Presented by: Olivier Cardi, Lancaster University Management School Labor Market Reforms, Precautionary Savings, and Global Imbalances Presented by: Brigitte Hochmuth, Friedrich-Alexander University Erlangen-Nuremberg (FAU) Session 323: Macroprudential Regulation and Politics August 29, 2019 16:30 to 17:45 Location: University Place - 3.213 Session Chair: Thomas Mosk, Goethe University Frankfurt and SAFE mosk@safe.uni-frankfurt.de Session type: EEA contributed The Making of Financial Regulation - Voting on the U.S. Congress Presented by: Joao Rafael Cunha, Liquidity and Monetary Transmission: A Quasi-Experimental Approach Presented by: Boromeus Wanengkirtyo, Bank of England Financial regulation: What the finance industry wants and how it gets it Presented by: Thomas Mosk, Goethe University Frankfurt and SAFE Session 324: Monetary Policy with Financial Frictions August 29, 2019 16:30 to 17:45 Location: University Place - 2.217 Session Chair: Phurichai Rungcharoenkitkul, BIS phurichai.rungcharoenkitkul@bis.org Session type: EEA contributed Employment and the Collateral Channel of Monetary Policy Presented by: Angus Foulis, Bank of England Collateral Constrained Firms and Monetary Policy Presented by: Cristina Manea, Universitat Pompeu Fabra Monetary policy hysteresis and the financial cycle Presented by: Phurichai Rungcharoenkitkul, BIS Session 325: Preferences August 29, 2019 16:30 to 17:45 Location: University Place - 4.213 Session Chair: Ingela Alger, Toulouse School of Economics ingela.alger@tse-fr.eu Session type: EEA contributed A Dynamically Consistent Model of Reference-Dependent Preferences Presented by: Peter Wikman, Toulouse School of Economics Preference intensity representation and revelation Presented by: Georgios Gerasimou, University of St Andrews Evolution of preferences in group-structured populations: genes, guns, and culture Presented by: Ingela Alger, Toulouse School of Economics Session 326: Public Sector Accounting August 29, 2019 16:30 to 17:45 Location: University Place - 4.211 Session Chair: Sebastian Kunert, University of Duisburg-Essen sebastian.kunert@uni-due.de Session type: EEA contributed Does Accrual Accounting Alter Fiscal Policy Decisions? - Evidence from Germany Presented by: Désirée Christofzik, German Council of Economic Experts Paying over the odds at the end of the fiscal year Presented by: Margaryta Klymak, University of Oxford International Trade Integration of the East and Local Government Budgets in Germany Presented by: Sebastian Kunert, University of Duisburg-Essen Session 327: Shocks and Expectations August 29, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.327 Session Chair: Markus Kontny, GSEFM Frankfurt & University Hohenheim kontny.markus@gmail.com Session type: EEA contributed News-driven housing booms: Spain vs.Germany Presented by: Laurentiu Guinea, Universidad Complutense de Madrid Shaking Preferences: Earthquakes and Impatience Presented by: Krisztina Molnar, Norwegian School of Economics (NHH) Phillips Curves in Noisy Information Forecasts Presented by: Markus Kontny, GSEFM Frankfurt & University Hohenheim Session 328: Structural Transformation August 29, 2019 16:30 to 17:45 Location: University Place - 3.209 Session Chair: Fidel Perez Sebastian, University of Alicante fidel.perez.sebastian@gmail.com Session type: EEA contributed The Aggregate Importance of Intermediate Input Substitutability Presented by: Cian Ruane, International Monetary Fund, Research Department Income, Education and Democracy Presented by: Anna Seim, Electricity Access and Structural Transformation: Evidence from Brazil’s Electrification Presented by: Fidel Perez Sebastian, University of Alicante Session 329: The Economic and Social Consequences of ICT August 29, 2019 16:30 to 17:45 Location: University Place - 2.220 Session Chair: Filippo Boeri, London School of Economics f.boeri@lse.ac.uk Session type: EEA contributed Gender-specific benefits from ride-hailing apps: Evidence from Uber’s entry in Chile Presented by: Angela Munoz, Telecom ParisTech, Deloitte Human mobility and Internet usage: Evidence from Nigerian micro-level data Presented by: Maurizio Strazzeri, University of Konstanz High-speed Broadband and Educational Achievements Presented by: Filippo Boeri, London School of Economics Session 330: The Rise of Populism II August 29, 2019 16:30 to 17:45 Location: Williamson Building - Room G.03 Session Chair: Manuel Funke, Kiel Institute Manuel.funke@ifw-kiel.de Session type: EEA contributed The Impact of Election Information Shocks on Populist Party Preferences: Evidence from Germany Presented by: Lena Gerling, University of Münster Making America Hate Again? Twitter and Hate Crime under Trump Presented by: Carlo Schwarz, University of Warwick Populism: A Macroeconomic History Presented by: Manuel Funke, Kiel Institute Session 331: Trade and the Labour Market August 29, 2019 16:30 to 17:45 Location: University Place - 4.209 Session Chair: Rui Costa, CEP LSE r.m.vieira-marques-da-costa@lse.ac.uk Session type: EEA contributed The Impact of Foreign Acquisitions on Wages and Compensation Presented by: Tuomas Kosonen, Labour Institute for Economic Research The Distributional Consequences of post-Brexit Trade Barriers in the UK Presented by: Agnes Norris Keiller, Institute for Fiscal Studies/University College London Trade and Worker Deskilling Presented by: Rui Costa, CEP LSE Session 332: Wealth Inequality August 29, 2019 16:30 to 17:45 Location: Williamson Building - Room G.47 Session Chair: Si Cheng, The Chinese University of Hong Kong sicheng@cuhk.edu.hk Session type: EEA contributed Housing Bubbles and Wealth Inequality. Evidence from Spain. Presented by: Clara Martinez-Toledano, Paris School of Economics Rent seeking worsens economic outcomes and increases wealth inequality Presented by: Spyridon Lazarakis, University of Glasgow Financial Globalization vs. Income Inequality: The Surprising Role of Foreign Portfolio Flows in Taming the Top 1% Presented by: Si Cheng, The Chinese University of Hong Kong Session 333: Crime and Public Policies August 29, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.324 Session Chair: Nicolas Grau, Universidad de Chile nicolas.grau@gmail.com Session type: ES contributed Cash and Crime Presented by: Ignacio Munyo, University of Montevideo Afraid to go to School? Estimating the Effect of Homicides on Human Capital Investments Presented by: Livia Menezes, University of Leicester Juvenile Incarceration and Adult Recidivism Presented by: Nicolas Grau, Universidad de Chile Session 334: Empirical Analyses of Fiscal Policy August 29, 2019 16:30 to 17:45 Location: University Place - 4.204 Session Chair: Elliott Ash, ETH Zurich ashe@ethz.ch Session type: ES contributed The Impact of Taxation on Auto Market: Evidence from China Presented by: Xuan Wang, University of Michigan Income redistribution effect of sequential personal income tax reforms: A microsimulation analysis in Japan Presented by: Takero Doi, Keio University and Tokyo Foundation for Policy Research Political frictions in local public finance: The case of property taxes in U.S. localities Presented by: Elliott Ash, ETH Zurich Session 335: Forecasting in Economics and Finance August 29, 2019 16:30 to 17:45 Location: University Place - 4.210 Session Chair: Ekaterina (Katja) Smetanina, University of Chicago, Booth School of Business E.Smetanina@chicagobooth.edu Session type: ES contributed Does Modeling a Structural Break Improve Forecast Accuracy? Presented by: Andreas Pick, Erasmus University Rotterdam Data Revisions and Real-time Probabilistic Forecasting of Macroeconomic Variables Presented by: Ana Beatriz Galvao, University of Warwick Consistent Inference for Predictive Regressions in Persistent Economic Systems Presented by: Torben Andersen, Kellogg School of Management, Northwestern University Session 336: Growth and Structural Change August 29, 2019 16:30 to 17:45 Location: University Place - 3.205 Session Chair: Zsofia Barany, Sciences Po, Paris zsofia.barany@sciencespo.fr Session type: ES contributed Endogenous Input-Output Linkages and Structural Changes Presented by: Yimei Zou, Institute for International Economics Studies, Stockholm University Structural Transformation and Productivity in Sub-Saharan Africa Presented by: Margarida Duarte, University of Toronto Engines of Sectoral Labor Productivity Growth Presented by: Zsofia Barany, Sciences Po, Paris Session 337: Individual Preferences and Choice August 29, 2019 16:30 to 17:45 Location: University Place - 3.210 Session Chair: Ludmila Matyskova, University of Bonn ludmila.matyskova@cerge-ei.cz Session type: ES contributed Are Economists' Preferences Psychologists' Personality Traits Presented by: Tomas Jagelka, Ecole Polytechnique-CREST Habits as Adaptations: An Experimental Study Presented by: Ludmila Matyskova, University of Bonn Session 338: Information Acquisition and Discovery August 29, 2019 16:30 to 17:45 Location: University Place - 4.214 Session Chair: Chad Fulton, Federal Reserve Board chad.t.fulton@frb.gov Session type: ES contributed Competitive information discovery Presented by: Michael Mandler, University of London Royal Holloway Coll Multivariate Rational Inattention Presented by: Jieran Wu, Zhejiang University The extensive margin of inattention Presented by: Chad Fulton, Federal Reserve Board Session 339: Information Technology and Market Performance August 29, 2019 16:30 to 17:45 Location: University Place - 3.212 Session Chair: Anastasios Dosis, ESSEC Business School dosis@essec.edu Session type: ES contributed Is your Broadband really broad? Internet Speed, Labour Demand and Productivity Outcomes: Evidence from Italian Firms Presented by: Fabrizio Colonna, Bank of Italy Fixed Price Equilibria on Peer-to-Peer Platforms: Lessons from Time-Based Currencies Presented by: Philemon Kraehenmann, University of St. Gallen The Ownership of Data Presented by: Anastasios Dosis, ESSEC Business School Session 340: Labour Market Search and Matching August 29, 2019 16:30 to 17:45 Location: Jean McFarlane - 2.326 Session Chair: François Fontaine, Paris School of Economics francois.fontaine@univ-paris1.fr Session type: ES contributed Informal Contacts in Hiring: The Economics Job Market Presented by: Michael Rose, Max Planck Institute for Innovation and Competition Search Across Local Labour Markets Presented by: Panagiotis Nanos, University of Sheffield Wealth, Portfolios, and Unemployment Duration Presented by: François Fontaine, Paris School of Economics Session 341: Market Microstructure August 29, 2019 16:30 to 17:45 Location: University Place - 3.214 Session Chair: Nina Boyarchenko, Federal Reserve Bank of New York nina.boyarchenko@ny.frb.org Session type: ES contributed Liquidity And Private Information In Asset Markets: To Signal Or Not To Signal Presented by: Zijian Wang, University of Western Ontario The effects of trade size and market depth on immediate price impact Presented by: Heather Anderson, Monash University Flighty Liquidity Presented by: Nina Boyarchenko, Federal Reserve Bank of New York Session 342: Social Choice August 29, 2019 16:30 to 17:45 Location: University Place - 4.212 Session Chair: Takashi Ui, Hitotsubashi University oui@econ.hit-u.ac.jp Session type: ES contributed Restricted environments and incentive compatibility in interdependent values models Presented by: Dolors Berga, Universitat de Girona Random Mechanism Design on Multidimensional Domains Presented by: Huaxia Zeng, Shanghai University of Finance and Economics Belief-Free Preference Aggregation Presented by: Takashi Ui, Hitotsubashi University Session 343: Specification Tests in Panel Data August 29, 2019 16:30 to 17:45 Location: University Place - 4.206 Session Chair: Koen Jochmans, University of Cambridge kj345@cam.ac.uk Session type: ES contributed Specification Tests for Time-Varying Coefficient Panel Models Presented by: Alev Atak, City, University of London A Consistent LM Type Specification Test for Semiparametric Panel Data Models Presented by: Ivan Korolev, Binghamton University Testing for correlation in error-component models Presented by: Koen Jochmans, University of Cambridge Session 344: Fisher‐Schultz Lecture August 29, 2019 18:00 to 19:15 Location: University Place - Lecture Theatre B Session Chair: Raffaella Giacomini, University College London r.giacomini@ucl.ac.uk Session type: ES invited Causal and Structural Inference Powered by ML and AI Presented by: Victor Chernozhukov, Massachusetts Institute of Technology Index of Participants Legend: C=chair, P=Presenter, D=Discussant # Participant Roles in Conference --------------------------------------------------------------------- 1 Abeler, Johannes P104 2 Aboutajdine, Reda P307 3 Accetturo, Antonio P229 4 Adão, Bernardino P54 5 Adena, Maja P249, C249 6 Adler, Konrad P284 7 Afonso, António P246 8 Ahlvik, Lassi P211 9 Aidt, Toke P167 10 Aitken, Andrew P14, C14 11 Akin, Nuray P270 12 Albanese, Andrea P24 13 Alcalá, Francisco P220 14 Alder, Simeon P148, C148 15 Alessia, Isopi P286, C286 16 Alger, Ingela P325, C325 17 Allouch, Nizar P133 18 Almås, Ingvild P275 19 Almén, Daniel P212 20 Almuzara, Tincho P239, C239 21 Alpysbayeva, Dinara P179 22 Alvarez, Bastien P84, C84 23 Alvarez, Catarina P153 24 Alves, Romulo P40, C40 25 Amengual, Dante P56 26 An, Jiafu P149 27 Anaya, Pablo P181 28 Andersen, Jørgen Juel P227 29 Andersen, Torben P335 30 Anderson, Heather P341 31 Andonie, Costel P315, C315 32 Andrade, Philippe P225 33 Andreoli, Francesco P296, C296 34 Andries, Alin Marius P299 35 Angelico, Cristina P313, P318 36 Angelova, Vera P10 37 Anpeng, Li P34 38 Ara, Hamzeh P284 39 Arkhangelsky, Dmitry P136 40 Armenter, Roc P247, C247 41 Arnould, Guillaume P256, C256 42 Arslan, Hayri P32 43 Asgharian, Hossein P299 44 Ash, Elliott P154, C154, P334, C334 45 Ash, Elliott P235, C235 46 Atak, Alev P343 47 Atayev, Atabek P150 48 Ates, Sina P161 49 Atesagaoglu, Orhan Erem P114, C114 50 Attanasio, Orazio P51, C51 51 Auerbach, Jan P142 52 Azmat, Ghazala P99 53 Babii, Andrii P36 54 Bach, Philipp P217 55 Backman, Claes P288 56 Bajgar, Matej P112 57 Baldursson, Fridrik P70, C70 58 Balietti, Anca P180 59 Balles, Patrick P154 60 Baltrunaite, Audinga P11 61 Bandiera, Oriana P278 62 Bannenberg, Norman P44, C44 63 Bar-Isaac, Heski P197, C197 64 Barany, Zsofia P336, C336 65 Barbosa, Klenio D228 66 Barcelo, Cristina P175 67 Barth, Andreas P106, C106 68 Bartram, Sohnke P2, C2 69 Basak, Deepal P264, C264 70 Bastos, Paulo P257, C257 71 Batut, Cyprien P179 72 Bělín, Matěj P23 73 Beccuti Vazquez, Juan Ignacio P243, C243 74 Ben Yahmed, Sarra P12 75 Bentzen, Jeanet P226 76 Berga, Dolors P342 77 Bergemann, Annette P213, C213 78 Bergeot, Julien P69 79 Berman, Yonatan P152 80 Bernoth, Kerstin P126, C126 81 Bertanha, Marinho P206, C206 82 Besstremyannaya, Galina P169, C169, P250 83 Bezalel, Jonathan P71 84 Bias, Daniel P304 85 Bielecki, Marcin P53 86 Biermann, Marcus P182 87 Bilicka, Katarzyna P300 88 Bingley, Paul P152 89 Bird, Daniel P64, C64 90 Birg, Laura P263, C263 91 Bizzotto, Jacopo P28, P290, C290 92 Blank, Sven P220, C220 93 Bloch, Francis P133, C133 94 Boccanfuso, Jeremy P79 95 Boemer, Miriam P221 96 Boeri, Filippo P329, C329 97 Boermans, Martijn P40 98 Boissay, Frederic P151 99 Boldea, Otilia P312 100 Bolt, Wilko P18, C18 101 Bonam, Dennis P193 102 Bonfiglioli, Alessandra P319 103 Bonhomme, Stephane P280 104 Boot, Tom P200 105 Borgers, Tilman P82 106 Borin, Alessandro P227, C227 107 Borri, Nicola P53 108 Borusyak, Kirill P268 109 Bose, Neha P5 110 Bostanci, Gorkem P192 111 Bougette, Patrice P85 112 Boyarchenko, Nina P341, C341 113 Bracke, Philippe P288, C288 114 Bradley, Jake P170 115 Brüning, Max P115, C115 116 Bredtmann, Julia P144 117 Brekhov, Boris P69 118 Brey, Bjoern P302 119 Brotherhood, Luiz P282 120 Bruhin, Adrian P71, C71 121 Brunetti, Celso P77, C77 122 Bryzgalova, Svetlana P66, C66 123 Brzoza-Brzezina, Michał P122 124 Buchmueller, Gerda P6 125 Buckmann, Marcus P190 126 Buechel, Berno P183 127 Bulete, Cristian P215 128 Burauel, Patrick P120, C120 129 Byrne, Stephen P193 130 Cacciatore, Matteo P118, C118 131 Caliari, Daniele P196 132 Campos, Camila P96 133 Campos, Nauro P107, C107 134 Cantore, Cristiano P146 135 Capolongo, Angela P75 136 Cardaci, Alberto P9 137 Cardi, Olivier P322 138 Carvalho, Bruno P294, C294 139 Casabianca, Elizabeth P4 140 Cassidy, Rachel P43, C43 141 Castillo Martinez, Laura P224 142 Celhay, Pablo P292 143 Celik Katreniak, Dagmara P223 144 Cerruti, Davide P175 145 Chadi, Adrian P116 146 Charalampidis, Nikolaos P41 147 Chen, Yan P104 148 Chen, Yi P64 149 Chen, Heng P205 150 Chen, Heng P33 151 Chen, Yi-Ting P200 152 Cheng, Si P332, C332 153 Chernozhukov, Victor P344 154 Chetty, Raj P273 155 Cheung, Stephen P223, C223 156 Chiang, Harold P233 157 Chioveanu, Ioana P281, C281 158 Chlass, Nadine P113, C113 159 Cho, Sung-Jin P135 160 Cho, Yunho P202 161 Choi, Jason P97, C97 162 Chongcharoentanawat, Patima P124 163 Choo, Lawrence P5, C5 164 Christofzik, Désirée P326 165 Chu, Liya P160 166 Cimadomo, Jacopo P303 167 Cipullo, Davide P259, C259 168 Clementi, Gian Luca P75, C75 169 Cockx, Lara P55, C55 170 Colo, Philippe P131, C131 171 Colonna, Fabrizio P339 172 Colson-Sihra, Eve P175, C175 173 Conteduca, Francesco P182 174 Converse, Nathan P126 175 Cormun, Vito P181 176 Corradi, Valentina C105 177 Cortes, Matias P99, P212, C212, P308, C308 178 Cortes Corrales, Sebastian P5 179 Corvino, Raffaele P173 180 Coskun, Sena P62, C62, P86, C86 181 Costa, Rui P331, C331 182 Costain, James P195 183 Couperier, Ophélie P269 184 Coutelier, Quentin P317 185 Cozzi, Marco P114 186 Criscuolo, Chiara P274 187 Cubas, German P12, C12 188 Cucu, Florin P260 189 Cui, Wei P72, C72 190 Cui, Liyuan P233 191 Cumming, Fergus P122, C122 192 Cumperayot, Phornchanok P283 193 Cunha, Joao Rafael P323 194 Curello, Gregorio P196, C196 195 D'Ascanio, Francesco P181 196 Da Mata, Daniel P13, C13 197 Dai, Darong P37 198 Dainauskas, Justas P283 199 Dale-Olsen, Harald P304 200 Dalgic, Husnu P219, C219 201 Dalkiran, Nuh Aygun P91, C91 202 Dang, Canh P316, C316 203 Darougheh, Saman P148 204 Daske, Thomas P91 205 Datta, Bipasa P186 206 Davies, Ceri P204 207 Daymard, Arnaud P21 208 De Fraja, Gianni P194, C194 209 De Rezende, Rafael P93 210 de Walque, Damien P156, C156 211 Deaner, Ben P206 212 Deák, Szabolcs P121 213 Delaney, Judith P217 214 Della Lena, Sebastiano P94 215 Demirci, Murat P139 216 Denderski, Piotr P321, C321 217 Dertwinkel-Kalt, Markus P196 218 Despois, Thomas P240, C240 219 Devereux, Kevin P184 220 Dewitte, Edgard P294 221 Di Cataldo, Marco P13 222 DiCecio, Riccardo P225 223 Diederich, Johannes P249 224 Dimico, Arcangelo P176 225 Dimitriadis, Timo P311 226 Ding, Haina P231 227 Dittmar, Jeremiah P177 228 Dixit, Shiv P37 229 Doi, Takero P334 230 Domenech, Rafael P215, C215 231 Dosis, Anastasios P339, C339 232 Dotsey, Michael P43 233 Dotti, Valerio P67 234 Douenne, Thomas P143 235 Drahs, Sascha P222 236 Dräger, Lena P16 237 Druedahl, Jeppe P202 238 Drupp, Moritz P211, C211 239 Duarte, Margarida P336 240 Duarte, Joao P16, C16 241 Duarte, Marco P201 242 Duchini, Emma P188 243 Dugoua, Eugenie P54, C54 244 Duguet, Emmanuel P262 245 Dumitru, Ana-Maria H. P238 246 Dummar Azulai, Michel P96, C96 247 Duong, Tran Lam Anh P244 248 Dupraz, Yannick P137, C137 249 Duprey, Thibaut P97 250 Eeckhout, Jan P101 251 Efthyvoulou, Georgios P226 252 Egorov, Konstantin P314 253 Eguia, Jon P82, C82 254 Eguren-Martin, Fernando P15 255 Ehrmann, Michael P17, C17 256 Eibich, Peter P214 257 Eilat, Ran P243 258 Eilers, Lea P310, C310 259 Eizenberg, Alon P141, C141 260 Elbourne, Adam P108 261 Elliott, Matthew P133 262 Embrey, Iain P282 263 Engler, Daniel P129 264 Etheridge, Ben P124 265 Ettmeier, Stephanie P22, C22 266 Eugeni, Sara P314 267 Evans, Christopher P225 268 Evdokimov, Kirill P56 269 Everding, Jakob P44 270 Faber, Marius P257 271 Faccia, Donata P70 272 farina, egidio P179 273 Farinha, Luisa P74 274 Fauceglia, Dario P8, C8 275 Fedderke, Johannes P185 276 Fedorets, Alexandra P291, C291 277 Fehrle, Daniel P22 278 Fernandez, Marcelo Ariel P242 279 Fernandez-Blanco, Javier P221 280 Fernández Navia, Tania P24 281 ferrari, alessandro P287 282 Fershtman, Daniel P266 283 Feuerbaum, Carsten P291 284 Fidrmuc, Jarko P29, C29 285 Fischer, Thomas P199 286 Fiva, Jon H. P178 287 Flacke, René P173 288 Foerster, Manuel P131 289 Fonseca, Miguel P113 290 Font Gilabert, Paulino P263 291 Fontaine, François P340, C340 292 Forges, Francoise P172 293 Foulis, Angus P324 294 FOURRIER-NICOLAÏ, Edwin P95 295 Franck, Raphael P167, C167 296 Fregoni, Marco P81 297 Frey, Rainer P70 298 Friehe, Tim P188 299 Friese, Max P230 300 Frohm, Erik P155 301 Frug, Alexander P307, C307 302 Fuchs-Schündeln, Nicola C99 303 Fujita, Shigeru P241, C241 304 Fulton, Chad P338, C338 305 Funke, Manuel P330, C330 306 Gadenne, Lucie P52, C52, P96, D228 307 Galaasen, Sigurd Mølster P291 308 Galanis, Spyros P26, C26 309 Galvao, Ana Beatriz P25, C25, P335 310 Gamannossi degl'Innocenti, Duccio P127 311 Gancia, Gino P23, C23 312 Gangl, Selina P222, C222 313 Gao, Pei P296 314 Garcia-Vega, Maria P35 315 Garin, Julio P237, C237 316 Garratt, Anthony P251 317 Garrett, Daniel P243 318 Garrouste, Manon P194 319 Gasteiger, Emanuel P247 320 Gáspár, Attila P226 321 Gödker, Katrin P209, C209 322 Gören, Erkan P184, C184 323 GE, Erqi P20 324 Gensowski, Miriam P51 325 Georgarakos, Dimitris P122 326 Georgiadis, Andreas P120 327 Geraci, Marco Valerio P255 328 Gerasimou, Georgios P325 329 Gerba, Eddie P119 330 Gereben, Aron P112 331 Gerling, Lena P330 332 Gerritse, Michiel P182 333 Gershoni, Naomi P46 334 Gerster, Andreas P79, C79 335 Ghassibe, Mishel P189, P237 336 Ghidoni, Riccardo P254 337 Ghosh, Srijita P223 338 Giacomini, Raffaella C344 339 Giagheddu, Marta P283, C283 340 Giannitsarou, Chryssi P45, C45 341 Gick, Wolfgang P42 342 Giesen, Sebastian P65 343 Gigout, Timothee P219 344 Gilbert, Niels P4 345 Giovannetti, Giorgia P287, C287 346 Giovannini, Alessandro P303 347 Giupponi, Giulia P52 348 Glover, Dylan P221 349 Goñi, Marc P157 350 Godar, Sarah P300 351 GODZINSKI, Alexandre P116, C116 352 Goel, Manisha P149, C149 353 Golan, Amos P92 354 Goldbach, Stefan P147 355 Goldfayn-Frank, Olga P248 356 Gomez, Tamar P107 357 Gonzalez-Eiras, Martin P37, C37 358 Goodhead, Robert P48 359 Gopalakrishnan, Pawan P164, C164 360 Gordon, Grey P233, C233, P298 361 Gorelkina, Olga P178, P243 362 Gornicka, Lucyna P140 363 Gorodnichenko, Yuriy P276, C276 364 Gottfries, Axel P221, C221 365 Gourieroux, Christian P165 366 Grau, Nicolas P333, C333 367 Greaves, Ellen P296 368 Greenwood-Nimmo, Matthew P269, C269 369 Greimel, Fabian P138 370 Grewenig, Elisabeth P115 371 Griffith, Rachel C101, P278, C278 372 Grillo, Edoardo P315 373 Groh, Elke P180 374 Growiec, Jakub P3 375 Gu, Ran P195 376 Gualdani, Cristina P206 377 Guenther, Martin P13 378 Guerrieri, Veronica P68 379 Guimaraes, Luis P258 380 Guin, Benjamin P39 381 Guinea, Laurentiu P327 382 Gulan, Adam P305, C305 383 Gunduz, Yalin P40 384 Gutierrez, German P274, C274 385 Guzi, Martin P14 386 Gyetvai, Attila P170 387 Haber, Timo P121 388 Habermacher, Daniel P290 389 Habermeyer, Simone P232 390 Hackinger, Julian P71 391 Hajdu, Tamas P115 392 Hall, Alastair P92, C92 393 Hamano, Masashige P283 394 Hammar, Olle P253 395 Hammond, Peter P61, C61, P73, C73 396 Hannusch, Anne P202, C202 397 Hansen, Jorgen P308 398 Hansen, Casper P143, C143 399 Hansen, Anne P216, C216 400 Harasimovic, Petr P49 401 Harding, Torfinn P211 402 Harding, Martin P162 403 Harju, Jarkko P301, C301 404 Harms, Philipp P18 405 Harrison, Richard P151 406 Hart, Janine P139 407 Hartmann, Anna P291 408 Hartung, Benjamin P187 409 Hartwell, Christopher A. P2 410 Hassani Nezhad, Lena P165 411 Hauser, Daniel P265 412 Haylock, Michael P179 413 Haywood, Luke P213 414 Hämäläinen, Saara P281 415 Hüser, Anne-Caroline P231, C231 416 He, Guanming P90 417 He, Chao P219 418 Hefti, Andreas P267 419 Heggedal, Tom-Reiel P20, C20 420 Hegna, Torje P224 421 Heijmans, Roweno J.R.K. P19 422 Heins, Gunnar P244 423 Heinzel, Joachim P290 424 Heisig, Katharina P214 425 Hellwig, Michael P80, C80 426 Hener, Timo P129 427 Hengel, Erin P32 428 Hennequin, Myrna P223 429 Hennig, Jakob P144 430 Hentall MacCuish, Jamie P63, C63 431 Herbert, Sylverie P285 432 Herings, Jean-Jacques P133 433 Hernandez, Manuel P207 434 Herz, Holger P145 435 Hessami, Zohal P289, C289 436 Heursen, Lea P183 437 Hillrichs, Dorothee P232, C232 438 Hizmeri, Rodrigo P216 439 Ho, Anson P288 440 Hochmuth, Brigitte P322, C322 441 Hoe, Thomas P1, C1, P198 442 Hoelzemann, Johannes P94 443 Hoffmann, Christin P10 444 Hoffmann, Eran P195, C195 445 Hofmann, Maurice P288 446 Holden, Tom P165, C165, P190 447 Holt, Richard P86 448 Holtemöller, Oliver P244 449 Hong, Gee Hee P121, C121 450 Hospido, Laura P217, C217 451 Hou, Chenxue P185 452 Howard, Greg P81, C81 453 Howard, Greg P138 454 Hu, Xiaoxiao P218 455 Huang, Wenqian P80 456 Huang, Huichou P173 457 Huangfu, Bingchao P26 458 Huber, Peter P84 459 Huillery, Elise P6, C6 460 Hunermund, Paul P7 461 Hutter, Christian P24, C24 462 Hvidberg, Kristoffer P125 463 Iacopetta, Maurizio P176 464 Iannino, Maria Chiara P57, C57 465 Ibragimov, Rustam P240 466 Igami, Mitsuru P141 467 Imbens, Guido P136 468 Immel, Lea P227 469 Imura, Yuko P244, C244 470 in 't Veld, Daan P218 471 Ingholt, Marcus P77, P138 472 Ionescu, Felicia P202 473 Irlacher, Michael P182 474 Irmen, Andreas P3, C3 475 Iskrev, Nikolay P63 476 Iterbeke, Kaat P194 477 Iturbe-Ormaetxe, Iñigo P9 478 Ivanov, Dmitry P185, C185 479 Iwasaki, Kohei P58 480 Izmalkov, Sergei P309, C309 481 Izquierdo Sanchez, Sofia P76 482 Jackson, Paul P241 483 Jagelka, Tomas P337 484 Jahanshahi, Babak P235 485 Janas, Moritz P183 486 Jang, Youngsoo P203, P321 487 Janský, Petr P127 488 Jansson, Thomas P3 489 Jascisens, Vitalijs P123 490 Játiva, Ximena P21 491 Jørgensen, Thomas P63 492 Jelnov, Pavel P184 493 Jeong, Hanbat P205 494 Jeong, Daeyoung P315 495 Jia, Zhiyang P300, C300 496 Jochmans, Koen P343, C343 497 Jong-A-Pin, Richard P254, C254 498 Joo, Hyungseok P298 499 jousselin, edouard P252, C252 500 Julliard, Christian P92 501 Kabukcuoglu, Ayse P204 502 Kalbfuss, Jörg P116 503 Kaldorf, Matthias P38 504 Kamhöfer, Daniel P145, C145 505 Kammerlander, Andreas P43 506 Kang, Byunghoon P312 507 Kano, Takashi P314 508 Karlsson, Martin P174, C174, P263 509 Kartik, Navin P279 510 Kasberger, Bernhard P163 511 Kassem, Dana P207 512 Kaszab, Lorant P22 513 Kaufmann, Daniel P246, C246 514 Känzig, Diego P22 515 Kóczy, László P166 516 König, Tobias P313, C313 517 Kürschner Rauck, Kathleen P144, C144 518 Kejak, Michal P140 519 Kempa, Karol P250, C250 520 Kemper, Johanna P125, C125 521 Kerkhof, Anna P47 522 Kerndler, Martin P304, C304 523 Kerssenfischer, Mark P16 524 Kertesi, Gabor P174 525 Khan, Saima P234 526 Khan, Adnan D228 527 KHOURY, Laura P24 528 Kiiashko, Sergii P27 529 Kim, Yeorim P137 530 Kima, Richard P215 531 King, Benjamin P231 532 Kitamura, Shuhei P235 533 Kitamura, Tomoki P230 534 Klühs, Theres P191 535 Klymak, Margaryta P326 536 Knaus, Michael P245, C245 537 Knight, Keith P36, C36 538 Ko, Paul P305 539 Koivisto, Aliisa P300 540 Kokonas, Nikolaos P320 541 Kolesar, Michal P280, C280 542 Komarova, Tatiana P200, C200 543 Koning, Nick P200 544 Kontny, Markus P327, C327 545 Konya, Istvan P98, C98, P258 546 Kopányi-Peuker, Anita P209 547 Kopecky, Joseph P173, C173 548 Kopiec, Pawel P72 549 Korfhage, Thorben P44 550 Korolev, Ivan P343 551 Kosem, Sevim P77 552 Kosonen, Tuomas P331 553 Koszegi, Botond P103 554 Kouvavas, Omiros P193 555 Koymen Ozer, Seda P128 556 Kraehenmann, Philemon P339 557 Krenz, Astrid P30, P257 558 Krolage, Carla P230 559 Krusell, Per C273 560 Kubitza, Christian P19 561 Kubler, Felix P261 562 Kucinskas, Simas P132 563 Kulka, Amrita P296 564 Kumhof, Michael P162, C162 565 Kumru, Cagri P27 566 Kunaschk, Max P120 567 Kunert, Sebastian P326, C326 568 Kusterer, David P254 569 La Ferrara, Eliana C272 570 Labanca, Claudio P128 571 Laffers, Lukas P206, P222 572 Lafond, Francois P186, C186 573 Laiho, Tuomas P265 574 Lamas, Matías P256 575 Lang, Matthias P28 576 Lanne, Markku P271 577 Lansing, Kevin P310 578 LAPENTA, ELIA P36 579 Larkin, Kieran P72 580 Larousse, Alexis P85 581 Larsen, Birthe P187 582 Lastauskas, Povilas P117 583 Lattanzio, Salvatore P217 584 Lawson, Nicholas P30, C30 585 Lazarakis, Spyridon P332 586 Le, Thanh P142, C142 587 Le Forner, Hélène P51 588 Le Quang, Gaëtan P106 589 Lechner, Michael P268, C268 590 LEE, Sangwon P269 591 Legal-Cañisá, Diego P199, C199 592 Lehner, Alexander P176 593 Lehnert, Thorsten P2 594 Lentz, Rasmus P170, C170 595 Lerche, Adrian P252 596 Lewis, Daniel P239 597 Li, Run P264 598 Li, Wenli P202 599 Li, Grace P282, C282 600 Li, Weijia P142 601 Li, Lisha P132, C132 602 Li, Shengyu P35 603 Lieberknecht, Philipp P155 604 Lieli, Robert P7, C7 605 Lindblad, Annika P251, C251 606 Lioui, Abraham P93 607 Lippmann, Quentin P12 608 Liu, Xin P209 609 Liu, Qing P31 610 Liu, Zehao P111 611 Llavador, Humberto P73 612 Lloyd, Simon P251 613 Lo Turco, Alessia P107 614 Loebbing, Jonas P31, P301 615 Lohse, Johannes P249 616 Lomys, Niccolo P265 617 Loper, Jordan P286 618 Louis, Philippos P168 619 Low, Hamish P292, C292 620 Lozej, Matija P18 621 Lu, Lina P169 622 Luduvice, Andre Victor P203 623 Luetkebohmert, Eva P299 624 Luetticke, Ralph P100 625 Lukmanova, Elizaveta P189 626 Lukyanov, Georgy P64 627 Luo, Weijie P203, P289 628 Luo, Jie P98 629 Ma, Hao P130 630 Mabeu, Marie Christelle P198 631 MacDonald, Margaux P259 632 Macnamara, Patrick P284, C284 633 Madeira, Joao P318, C318 634 Magdalou, Brice P316 635 Magnolfi, Lorenzo P201 636 Mahlberg, Bernhard P117, C117 637 Makarov, Dmitry P160, C160 638 Malmendier, Ulrike P276 639 Mandler, Michael P109, P338 640 Manea, Cristina P324 641 Maniquet, Francois P261 642 Mantoan, Giulia P25 643 Marchenko, Maria P46 644 Marimon, Ramon P187, C187 645 Marini, Annalisa P59 646 Marino, Immacolata P293 647 Martin, Ralf P317, C317 648 Martin, Simon P281 649 Martinez, Joseba P3 650 Martinez-Garcia, Enrique P313 651 Martinez-Toledano, Clara P332 652 Martins, Luis Filipe P312 653 Maslov, Egor P219 654 Matsui, Jun P316 655 Mattauch, Linus P8 656 Matthews, Peter P9, C9 657 Matyskova, Ludmila P337, C337 658 Mauleon, Ana P242 659 Mauring, Eeva P150 660 Mayer, Alexander P132 661 Mazet-Sonilhac, Clément P302, C302 662 Mazrekaj, Deni P212 663 Mésonnier, Jean-Stéphane P220 664 Mühlrad, Hanna P292 665 McGee, Rory P124 666 Meh, Cesaire P140, C140 667 Mehrotra, Neil P27 668 Meier, Armando P145 669 Meisner, Vincent P242, C242 670 Melander, Eric P20 671 Meleshchuk, Sergii P117 672 Menezes, Livia P174, P333 673 Menichini, Anna Maria P149 674 Mercadal, Ignacia P35, C35 675 Meyer, Christian P10 676 Meyer, Birgit P182, C182 677 Meyer, Josefin P126 678 Mezza, Alvaro P175 679 Michelacci, Claudio C104 680 Mideksa, Torben P88 681 Mier, Mathias P8 682 Migrow, Dimitri P197 683 Mikhalishchev, Sergei P69 684 Mill, Wladislaw P113, P306, C306 685 Millán-Quijano, Jaime P308 686 Miller, Nathan P141 687 Minasyan, Anna P107 688 Minaudier, Clement P294 689 Mitchell, James P25 690 Mitra, Indrajit P93, C93 691 Mittag, Nikolas P164 692 Miura, Shintaro P131 693 Moldovanu, Benny P279 694 Moll, Benjamin P100, C100 695 Molnar, Krisztina P327 696 Mondragon, John P11 697 Montero, Maria P306 698 montobbio, fabio P47 699 Montolio, Daniel P188, C188 700 Moon, Ji-Woong P195 701 Morchio, Iacopo P262, C262 702 Moreau, Flavien P210 703 Morelli, Massimo P178, C178 704 Moro, Andrea P76, C76 705 Morris, Stephen P171 706 Mosk, Thomas P323, C323 707 Mosquera-Tarrio, Manuel P78 708 Motchenkova, Evgenia P186 709 Moussault, Erwan P208 710 Moz Christofoletti, Maria Alice P317 711 Mueller, Stephan P218 712 Mueller, Kai-Uwe P62 713 Mumford, Karen P76 714 Munoz, Angela P329 715 Munyo, Ignacio P333 716 Myong, Sunha P308 717 Naito, Takumi P23 718 Naitram, Simon P301 719 Nakanishi, Hayato P56, C56 720 Nakata, Takeshi P87 721 Nanos, Panagiotis P340 722 Narayanan, Abhinav P207 723 Naseer, Muhammad Farooq P156, P234 724 Natoli, Filippo P143 725 Natvik, Gisle P285 726 Neary, Peter P128, C128 727 Neelakantan, Urvi P266, C266 728 Neeman, Zvika C28, C172 729 nerlich, Carolin P295 730 Neuber, Thomas P297, C297 731 Neuberger, Anthony P130, C130 732 Neumeier, Florian P14 733 Newey, Whitney P136, C136 734 Nguyen, Benoit P108 735 Nickel, Christiane C193 736 Nicolo, Antonio P110 737 Niemeläinen, Julia P118 738 Nijskens, Rob P111 739 Nikolov, Kalin P87, C87, P151, C151 740 Nilssen, Tore P218, C218 741 Nilsson, Therese P125 742 Nisticò, Roberto P184 743 Nivala, Annika P301 744 Noack, Claudia P245 745 Norris Keiller, Agnes P331 746 Nose, Manabu P123 747 Nosratabadi, Seyed Hassan P196 748 Nunes, Ricardo P114 749 Nyberg, Henri P130 750 O'Grady, Michael P147, C147 751 O'Sullivan, Vincent P188 752 Odendahl, Florens P216 753 Okada, Toshihiro P34 754 Olijslagers, Stan P73 755 Oliveira, Érica P197 756 Oparina, Ekaterina P159 757 Orland, Andreas P10, C10 758 Osumi, Yasuyuki P258, C258 759 Other, Lars P65 760 Otsu, Taisuke P136 761 Ottaviani, Marco P19, P103 762 Ovidi, Marco P234 763 Owyang, Michael P271, C271 764 Pahlke, Marieke P261, C261 765 Pal, Sarmistha P21, C21 766 Palma, Nuno P177 767 Paltalidis, Nikos P293 768 Pan, Lijun P309 769 Pannella, Pierluca P74, C74 770 Pant, Ayush P83 771 Papageorgiou, Stylianos P87, P106 772 Papoutsi, Melina P229 773 Parakhonyak, Alexei P264 774 Park, Seonyoung P321 775 Parlasca, Markus P231, P270, C270 776 Paroissien, Emmanuel P185 777 Patt, Alexander P212 778 Patterson, Christina P100 779 Paukkeri, Tuuli P175 780 Paustian, Matthias P49, P199 781 Pazzona, Matteo P192 782 Pei, Zhuan P316 783 Pellegrino, Bruno P224 784 Perazzi, Elena P204, C204 785 Pereda, Paula P286 786 Perez Sebastian, Fidel P328, C328 787 Pernoud, Agathe P166, C166 788 Petrova, Maria P102 789 Petrunyk, Inna P174 790 Pezone, Vincenzo P215 791 Pfajfar, Damjan P78, C78 792 Pham, Manh Cuong P38 793 Phella, Anthoulla P169 794 Pick, Andreas P335 795 Pini, Erika P33 796 Pinter, Gabor P66 797 Piton, Sophie P253 798 Plum, Alexander P179, C179 799 Poeschl, Johannes P4, C4 800 Polo, Alberto P189 801 Pomeranz, Dina P228, C228 802 Pommey, Guillaume P28 803 Porreca, Eleonora P84 804 Poti, Valerio P311 805 Potjagailo, Galina P119 806 Potter, Tristan P241 807 Pouliquen, Victor P214 808 Poyker, Mikhail P137 809 Prein, Timm Marc P298 810 Prieto, Rodolfo P310 811 Primiceri, Giorgio P105 812 Prono, Todd P89 813 Pursiainen, Vesa P160, P209 814 Puy, M. Socorro P142 815 Qu, Xiangyu P197 816 Quaini, Alberto P134, C134 817 Queiros, Francisco P48 818 Quintana Gonzalez, Javier P34, C34 819 Radev, Deyan P299, C299 820 Rahman, Sumaiya P152, C152 821 Raj, Anasuya P208 822 Ramirez, Carlos P236, C236 823 Rannenberg, Ansgar P181, C181 824 Ratto, Marco P7 825 Raviv, Alon P236 826 Raykov, Radoslav P57 827 Reggiani, Carlo P185 828 Rehbein, Oliver P47, C47 829 Reinelt, Timo P97 830 Reinhorn, Leslie P61 831 Reinold, Kate P17 832 RENNE, Jean-Paul P132, P298, C298 833 Renner, Philipp P233 834 Renner, Laura P289 835 RENUCCI, antoine P42 836 Repullo, Rafael C103 837 Restrepo, Sara P146 838 Restuccia, Diego P31, C31, P224, C224 839 Ribas, Rafael P168, C168 840 Ricci, Lorenzo P248 841 Riedel, Nadine P127 842 Rieth, Malte P16 843 Rigos, Alexandros P163, C163 844 Riley, Emma P191 845 Rincón-Zapatero, Juan Pablo P61 846 Rishabh, Kumar P229 847 Roantree, Barra P52 848 Robitaille, Marie-Claire P137 849 Rogantini Picco, Anna P199 850 Romelli, Davide P111 851 Rose, Christiern P205 852 Rose, Michael P186, P340 853 Rosenberg, Michele P319 854 Rosenberger, Lukas P177 855 Rossi, Paola P21 856 Rostam-Afschar, Davud P139 857 Roth, Sefi P129, C129 858 Roth, Christopher P102 859 Ruane, Cian P328 860 Rubini, Loris P187 861 Rubolino, Enrico P153 862 Rudebusch, Glenn P140 863 Rungcharoenkitkul, Phurichai P324, C324 864 Ruslanova (Khabibulina), Lilia P45 865 Saarimaa, Tuukka P81 866 Sachsenhausen, Eric P297 867 Sager, Lutz P211 868 Saif, Salwan P55 869 Sakalauskaite, Ieva P39 870 Salakhova, Dilyara P255, C255 871 Salgado Moreno, Mauricio P69 872 Salmi, Julia P109, C265 873 Salvati, Francesca P174 874 Samarina, Anna P189, C189 875 Sanchez, Juan P98 876 Sandner, Malte P214, C214 877 Sanghi, Siddhartha P50 878 Santacreu-Vasut, Estefania P183, C183 879 Santamaria, Clara P260, C260 880 Santamaria, Marta P302 881 Santos, João P11, C11 882 Santos, André P38 883 Santos, Francisco P305 884 Sanz, Carlos P110, C110 885 Savagar, Anthony P34 886 Savolainen, Riikka P227 887 Sawa, Ryoji P94, C94 888 Saxell, Tanja P198 889 Scaillet, Oliver P134 890 Schaumburg, Julia P271 891 Schön, Matthias P230, C230 892 Schiaffi, Stefano P29 893 Schiman, Stefan P320, C320 894 Schiopu, Ioana P207, C207 895 Schlaak, Thore P239 896 Schlag, Karl P150, C150 897 Schmacker, Renke P79 898 Schmidt, Patrick P58, C58 899 Schmitz, Martin P15 900 Schoenle, Raphael P225, C225 901 Schorfheide, Frank P105 902 Schrader, Rebecca P124, C124 903 Schreiner, Nicolas P110 904 Schult, Christoph P180 905 Schulz, Oliver P95 906 Schwaab, Bernd P108, C108 907 Schwarz, Carlo P330 908 Schweiger, Helena P112 909 Schwenkler, Gustavo P236 910 Scott, Douglas P191 911 Scotti, Chiara P119, C119 912 Scur, Daniela P42, C42 913 Seibold, Arthur P234, C234, P252 914 Seim, Anna P328 915 sela, aner P290 916 Selezneva, Veronika P134 917 Semedo Leite, Duarte Nuno P295 918 Sen, Suphi P8 919 Sen, Sonkurt P6 920 Sentana, Enrique C171 921 Sentana, Juan P200 922 Serafinelli, Michel P177, C177 923 Shakhnov, Kirill P126 924 Shao, Lin P284 925 Sheedy, Kevin P204, P319, C319 926 Shen, Peiyao P59, C59 927 Shenoy, Ajay P226, C226 928 Shi, Ruoyao P36 929 Shinozaki, Hiroki P91 930 Shioji, Etsuro P237 931 Sichlimiris, Spyridon P41 932 Siedschlag, Iulia P186 933 Siemer, Michael P138, C138 934 Simanjuntak, Lois P281 935 Simion, Stefania P194 936 SIN, Chor-yiu (CY) P89 937 Singer, Gregor P156, P201 938 Sinha, Arunima P65, C65 939 Sinha, Shruti P159, C159 940 Sizova, Elizaveta P293, C293 941 Skjerpen, Terje P139, C139 942 Skreta, Vasiliki P82, C279 943 Skudelny, Frauke P287 944 Slacalek, Jiri P203 945 Slavik, Ctirad P53, C53 946 Slaymaker, Rachel P122 947 Slotwinski, Michaela P12 948 Smetanina, Ekaterina (Katja) C335 949 Smets, Frank P303, C303 950 Smith, Kate P101 951 Smith, L. Vanessa P205 952 Soederhuizen, Beau P119 953 Sommer, Stephan P180, C180 954 Sondershaus, Talina P293 955 Sonin, Konstantin P32, P83, C83 956 Soudant, Joey P204 957 Spenkuch, Jörg P178, P235 958 Spiegel, Mark P314, C314 959 spiegler, ran P33, C33 960 Srisuma, Sorawoot P159 961 Staehr, Karsten P181 962 Stamatogiannis, Michalis P238 963 Stöckl, Fabian P54 964 Stegmann, Andreas P20 965 Steiner, Elias P123, C123 966 Steinkamp, Sven P15 967 Stelter, Robert P177 968 Stenzel, Andre P270 969 Sterzel, André P256 970 Stix, Helmut P46, C46 971 Stokke, Hildegunn P192 972 Stole, Lars P60, C60 973 Stoppel, Relika P116 974 Storesletten, Kjetil C68, P272 975 Stoye, George P184 976 Stracca, Livio P303 977 Strasser, Georg P285 978 Straub, Alexander P115 979 Straub, Stephane P228 980 Strazzeri, Maurizio P329 981 Strobel, Johannes P49, C49 982 Strobl, Renate C191 983 Strohecker, Fynn P5 984 Strohmaier, Kristina P127, C127 985 Strulik, Holger P88, C88 986 Stuermer, Martin P31, P210 987 Sturm, Daniel P277 988 Sturm, Jan-Egbert P190, C190 989 Sturrock, David P295 990 Suarez, Milena P198, C198 991 Sullivan, Christopher P141 992 Sun, Zexi P17 993 Sun, Shuqiao P30 994 Sun, Junze P33, P154 995 Sun, Yulong P310 996 Sun, Chuanping P130 997 Szech, Nora P113 998 Szerman, Dimitri P228 999 Szkup, Michal P135, C135 1000 Tajika, Tomoya P197 1001 Tampieri, Alessandro P232 1002 Tan, Joanne P262 1003 Tavares, Mariana P6 1004 Taylor, James P58 1005 Taylor, Robert P240 1006 Tène, Eva P180 1007 Tübbicke, Stefan P213 1008 Tedeschi, Gian Luca P176 1009 Terovitis, Spyros P19, C19 1010 Tesei, Andrea P102 1011 Tetereva, Anastasija P238 1012 Teteryatnikova, Mariya P166 1013 Theloudis, Alexandros P164 1014 Thysen, Heidi P131 1015 Tian, Lin P277 1016 Tian, Mo P155, C155 1017 Tille, Cedric P118 1018 Tillmann, Peter P17 1019 Timmer, Yannick P128 1020 Titl, Vítězslav P294 1021 Todorov, Karamfil P57, P69, C69 1022 Todorov, Karamfil P108 1023 Torgovitsky, Alexander P201, C201 1024 Tourinho, Octavio P27, C27 1025 Toxvaerd, Flavio P26, P85, C85 1026 Tracey, Belinda P75 1027 Trapani, Lorenzo P240 1028 Travova, Ekaterina P188 1029 Tresa, Enxhi P23 1030 Treuren, Leonard P210 1031 Tripier, Fabien P318 1032 Tristao, Tiago P121 1033 Tsai, Yi-Chan P203, C203 1034 Tsankova, Teodora P222 1035 Tsou, Chi-Yang P66, P173 1036 Tsoukas, Serafeim P90, C90 1037 Tsuyuhara, Kunio P195 1038 Tukiainen, Janne P167 1039 Turgut, Mehmet P146, C146 1040 Turrell, Arthur P216 1041 Ui, Takashi P342, C342 1042 Ulu, Mehmet P158, C158 1043 Uluc, Arzu P111, C111 1044 Umlandt, Dennis P29 1045 Unger, Florian P232 1046 Uysal, Selver Derya P312, C312 1047 Vahid, FARSHID P89, C89 1048 Valente, Marica P250 1049 Valenzuela, Patricio P229, C229 1050 Valenzuela Rivera, Luis P253, C253 1051 Valletti, Tommaso P274 1052 Van der Vlist, Arno P13 1053 van der Wiel, Karen P194 1054 Van Gils, Freek P83 1055 Van Ooijen, Raun P50, C50 1056 van Wijnbergen, Sweder P285, C285 1057 Vansteenkiste, Isabel P193, P193 1058 Vardishvili, Oliko P266 1059 Vardishvili, Ia P161, C161 1060 Vähämaa, Oskari P148 1061 Venditti, Fabrizio P15, C15 1062 Venkatesh, Raghul P109, C109 1063 Verho, Jouko P213 1064 Verona, Fabio P190 1065 Veselov, Dmitriy P110 1066 Vespermann, David P322 1067 Vial, Bernardita P35 1068 Vicquéry, Roger P302 1069 Vilan, Diego P305 1070 Villanueva, Ernesto P32, C32 1071 Virtanen, Hanna P125 1072 Visaria, Sujata P207 1073 Viskanic, Max P2 1074 Viviano, Eliana P193 1075 Vo, Quynh-Anh P106 1076 Voßwinkel, Jan P59 1077 Voena, Alessandra C275 1078 Vogl, Tom P275 1079 Volosovych, Vadym P74 1080 Volpicella, Alessio P239 1081 Walsh, Christopher P38, C38 1082 Wan, Alan P311, C311 1083 Wanengkirtyo, Boromeus P323 1084 Wang, Xuan P246 1085 Wang, Zijian P341 1086 Wang, Haomin P187 1087 Wang, Xuan P334 1088 Wang, Zhu P80 1089 Wang, Yiru P7, P311 1090 Wang, Yikai P86 1091 Ward, Felix P157, C157 1092 Watson, Anna P220 1093 Wägner, Nicole P129 1094 Weber, Andrea P99 1095 Weber, Michael P276 1096 Wegner, Nora P163 1097 Weinstein, David P277, C277 1098 Weiss, Pia P168, P297 1099 Weiss, Christoph P112, C112 1100 Wellmann, Susanne P45 1101 Wen, Jiayi P62 1102 Wenner, Lukas P267 1103 Werbeck, Anna P1 1104 Werner, Sebastian P78 1105 Westermark, Andreas P48, C48 1106 Weth, Mark P255 1107 White, Lucy P60, P210, C210 1108 Wickerath, Jan P260 1109 Wikman, Peter P325 1110 Willems, Bert P309 1111 Willems, Tim P190 1112 Wingender, Asger P157 1113 Winkler, Andreas P295, C295 1114 Wolter, Stefan P208 1115 Wong, Horng Chern P304 1116 Worrall, Tim P60 1117 Wu, Jieran P338 1118 Wu, Lingwei P176, C176 1119 Wunsch, Conny P268 1120 Wunsch, Conny P191 1121 Xie, Erhao P206 1122 Xu, Xiaogeng P297 1123 Xue, Xiaohan P238, C238 1124 Xue, Ning P289 1125 Yamagata, Takashi P205, C205 1126 Yamasaki, Junichi P178 1127 Yanagi, Takahide P245 1128 Yang, Youzhi P307 1129 Yang, Shuwen P134 1130 Yao, Zhiyong P309 1131 Yilmaz, Kamil P161 1132 Yin, Penghui P248, C248 1133 Yip, Chi Man P320 1134 Yuan, Weidi P18 1135 Yuchtman, Noam C102 1136 Yuen, C. Y. Kelvin P241 1137 Yum, Minchul P95, C95 1138 Zahn, Philipp P196 1139 Zakipour-Saber, Shayan P189 1140 Zambrano, Eduardo P67 1141 Zapal, Jan P315 1142 Zapechelnyuk, Andy P28 1143 Zapp, Kristina P120 1144 Zaranko, Benjamin P1 1145 Zaretski, Aliaksandr P4 1146 Zasova, Anna P292 1147 Zavalloni, Luca P114 1148 Zawisza, Tomasz P37 1149 Zekaite, Zivile P41, C41 1150 Zender, Jaime P307 1151 Zeng, Huaxia P342 1152 Zhang, Yingying P69 1153 Zhang, Hongsong P158, P198 1154 Zhao, Zhiqi P67, C67 1155 Zhou, Yichen Christy P88 1156 Ziegler, Lennart P192, C192 1157 Ziparo, Roberta P275 1158 Zipitria, Leandro P117 1159 Zlate, Andrei P236 1160 Zochowski, Dawid P39, C39 1161 Zotti, Roberto P153, C153 1162 Zou, Yimei P287, P336 1163 Zubanov, Nick P192 1164 Zubrickas, Robertas P208, C208 1165 Zultan, Ro'i P267, C267 1166 Zwick, Eric P101