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Session 1: Economic History
May 16, 2013 13:00 to 15:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Nicolas Ziebarth, University of Iowa |
| Session type: contributed |
| |
| Dispersion and Distortions in the Trans-Atlantic Slave Trade |
| Presented by: John Dalton, Wake Forest University |
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| Was Stalin Necessary for Russia's Economic Development? |
| [slides] |
| Presented by: Anton Cheremukhin, Federal Reserve Bank of Dallas |
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| Uncertainty Shocks and the U.S. Great Depression |
| Presented by: Gabriel Mathy, University of California, Davis |
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| The Radio and Bank Runs during the Great Depression |
| Presented by: Nicolas Ziebarth, University of Iowa |
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Session 2: Business Cycles I
May 16, 2013 13:00 to 15:00 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Anca Ioana Sirbu, West Virginia University |
| Session type: contributed |
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| News about Aggregate Demand and the Business Cycle |
| [slides] |
| Presented by: Mark Weder, The University of Adelaide |
| |
| Intersectoral Linkages, Diverse Information, and Aggregate Dynamics in a Neoclassical Model |
| Presented by: Manoj Atolia, Florida State University |
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| Lumpy Investment in Sticky Information General Equilibrium |
| Presented by: Fabio Verona, Bank of Finland |
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| News About Taxes and Expectations-Driven Business Cycles |
| Presented by: Anca Ioana Sirbu, West Virginia University |
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Session 3: International Macroeconomics I
May 16, 2013 13:00 to 15:00 |
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| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Enrique Martinez-Garcia, Federal Reserve Bank of Dallas |
| Session type: contributed |
| |
| Intangible Capital Transfer Within Multinationals: Evidence from Korean MNCs |
| Presented by: Jaehan Cho, Arizona State University |
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| Exchange Rate Flexibility, Trade Openness and the Extensive Margin |
| Presented by: Kanda Naknoi, University of Connecticut |
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| Growth and Global Imbalances: The Role of Learning-by-Exporting |
| Presented by: Byoung Hoon Seok, Ohio State University |
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Session 4: Housing I
May 16, 2013 13:00 to 15:00 |
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| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Hye Mi You, State University of New York at Buffalo |
| Session type: contributed |
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| Housing and Unemployment: The Search for the American Dream |
| Presented by: Ejindu Ume, Alabama |
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| GEOGRAPHICAL REALLOCATION AND UNEMPLOYMENT DURING THE GREAT RECESSION: THE ROLE OF THE HOUSING BUST |
| Presented by: Suryun Rhee, University of Pennsylvania |
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| Rising Earnings Risk and Wealth Distribution with Housing |
| Presented by: Hye Mi You, State University of New York at Buffalo |
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Session 5: Financial Economics I
May 16, 2013 15:30 to 17:30 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Matthew Hoelle, Purdue University |
| Session type: contributed |
| |
| Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting |
| Presented by: Kevin Sheedy, London School of Economics |
| |
| Collateral Policy in a World of Round-the-Clock Payment |
| Presented by: Charles Kahn, University of Illinois |
| |
| Liquidity, Collateral Constraint and Financial Intermediation |
| Presented by: Yulei Peng, Texas A&M University |
| |
| On the Efficiency of Nominal GDP Targeting in a Large Open Economy |
| Presented by: Matthew Hoelle, Purdue University |
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Session 6: Search 2
May 16, 2013 15:30 to 17:30 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Serdar Kabaca, Bank of Canada |
| Session type: contributed |
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| Search Effort and Labor Force Participation in a Model of Directed Search |
| Presented by: Lawrence Warren, University of Iowa |
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| A Theory of Targeted Search |
| Presented by: Antonella Tutino, Federal Reserve Bank of Dallas |
| |
| Dual Income Couples and Interstate Migration |
| Presented by: Ahmet Ali Taskin, University of Texas at Austin |
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| Search Frictions, Financial Frictions, and Labor Market Fluctuations in Emerging Markets |
| Presented by: Serdar Kabaca, Bank of Canada |
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Session 7: International Trade
May 16, 2013 15:30 to 17:30 |
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| |
|---|
| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
John Seater, North Carolina State University |
| Session type: contributed |
| |
| Niche Firms, Mass Markets, and Income Across Countries: Accounting for the Impact of Entry Costs |
| Presented by: Pedro Bento, University of Toronto |
| |
| The Great Trade Collapse: A Horse Race of Competing Stories |
| Presented by: Hakan Yilmazkuday, Florida International University |
| |
| Trade and the Topography of the Spatial Economy |
| Presented by: Costas Arkolakis, Yale University |
| |
| Trade and Social Welfare When Economic Growth and Industrial Structure Are Endogenous |
| Presented by: John Seater, North Carolina State University |
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Session 8: Business Cycles II
May 16, 2013 15:30 to 17:30 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Boyan Jovanovic, New York University |
| Session type: contributed |
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| Business Cycle Persistence in a Model with Endogenous Growth and Fluctuations |
| Presented by: Chase Coleman, Brigham Young University |
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| Extensive and Intensive Investment over the Business Cycle |
| Presented by: Boyan Jovanovic, New York University |
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Session 9: Banking Regulation and Deregulation
May 17, 2013 8:45 to 10:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Alexander Ueberfeldt, Bank of Canada |
| Session type: contributed |
| |
| Imperfect Information Transmission from Banks to Investors: Real Implications |
| Presented by: Oksana Leukhina, University of Washington |
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| Endogenous bank reserves and economic activity |
| Presented by: Scott Dressler, Villanova University |
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| Interest Rate Policy and Financial Regulation: How to Control Excessive Risk Taking? |
| Presented by: Alexander Ueberfeldt, Bank of Canada |
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Session 10: Default/Bankruptcy
May 17, 2013 8:45 to 10:45 |
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|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Stefan Krasa, University of Illinois |
| Session type: contributed |
| |
| Optimal Bankruptcy Code for Unsecured Debt |
| [slides] |
| Presented by: Grey Gordon, Indiana University |
| |
| A General Equilibrium Model with Banks and Default on Loans |
| Presented by: Tamon Takamura, Bank of Canada |
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| Repos, Fire Sales, and Bankruptcy Policy |
| Presented by: Francesca Carapella, Federal Reserve Board |
| |
| Welfare Effects of Increasing Borrowing Limit in the Presence of Self Control Problem |
| Presented by: Li Li, University of Toronto |
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Session 11: Unemployment I
May 17, 2013 8:45 to 10:45 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
David Wiczer, University of Minnesota |
| Session type: contributed |
| |
| Equilibrium Default and Slow Recoveries |
| Presented by: Gaston Navarro, New York University |
| |
| Information Technologies and Jobless Recoveries |
| Presented by: Miguel Morin, Columbia University |
| |
| Hysteresis in Unemployment and Jobless Recoveries |
| Presented by: Dmitry Plotnikov, University Of California, Los Angeles |
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| Long-term Unemployment: Attached and Mismatched? |
| Presented by: David Wiczer, University of Minnesota |
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Session 12: Entrepreneurs
May 17, 2013 8:45 to 10:45 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Patrick Macnamara, University of Manchester |
| Session type: contributed |
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| Financial Shocks and the Cyclical Behavior of Skilled and Unskilled Unemployment |
| Presented by: Jose Lopez, HEC PARIS |
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| Need-Based Entrepreneurship and Aggregate Productivity Across Countries |
| Presented by: Kevin Donovan, Arizona State University |
| |
| Project Heterogeneity and Growth: The Impact of Selection |
| Presented by: Felipe Saffie, University of Pennsylvania |
| |
| The Cross-Sectional Distribution of Firm Leverage |
| Presented by: Patrick Macnamara, University of Manchester |
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Session 13: Technology / TFP I
May 17, 2013 11:00 to 13:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Rishabh Sinha, Arizona State University |
| Session type: contributed |
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| Micro-Level Misallocation and Selection: Estimation and Aggregate Implications |
| Presented by: Mu-Jeung Yang, University of Washington, Seattle |
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| Information, Contract Enforcement, and Misallocation |
| Presented by: Joseph Steinberg, Univ of Minnesota |
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| Aggregate productivity and the allocation of resources over the business cycle |
| Presented by: Sophie Osotimehin, University of Virginia |
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| Occupational Mobility, Misallocation of Labor Resources and Aggregate Productivity |
| Presented by: Rishabh Sinha, Arizona State University |
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Session 14: Search
May 17, 2013 11:00 to 13:00 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Jan Duras, University of Minnesota |
| Session type: contributed |
| |
| The Aggregate Effects of the Hartz Reforms in Germany |
| [slides] |
| Presented by: Matthias Hertweck, University of Konstanz |
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| Dynamic Equilibria in the Kiyotaki-Wright Model |
| Presented by: Maurizio Iacopetta, OFCE and SKEMA Business School |
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| Amplification and propagation of shocks in a model with labor and goods market search |
| Presented by: Jan Duras, University of Minnesota |
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Session 15: Unemployment II
May 17, 2013 11:00 to 13:00 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Kit Reicher, Kiel Institute for the World Economy |
| Session type: contributed |
| |
| The Fading Dynamism of the US Labor Market: The Role of Demographics |
| Presented by: Tomaz Cajner, Federal Reserve Board |
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| Asymmetric Unemployment Dynamics |
| Presented by: Domenico Ferraro, Duke University |
| |
| The aggregate effects of long run sectoral reallocation |
| [slides] |
| Presented by: Kit Reicher, Kiel Institute for the World Economy |
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Session 16: Human Capital I
May 17, 2013 11:00 to 13:00 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Marina Mendes Tavares, ITAM |
| Session type: contributed |
| |
| An adjustment cost model of social mobility |
| Presented by: Yoseph Getachew, Durham University |
| |
| Ben-Porath vs. Learning-By-Doing: A Macroeconomic Approach |
| Presented by: Adam Blandin, Arizona State University |
| |
| Accounting for the Trends in Inequality and Intergenerational Mobility in the U.S. |
| Presented by: Marina Mendes Tavares, ITAM |
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Session 17: Unemployment III
May 17, 2013 14:00 to 16:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Eduardo Zilberman, PUC-Rio |
| Session type: contributed |
| |
| Education, Human Capital and U.S. Labor Market Dynamics |
| Presented by: Jun Nie, Federal Reserve Bank of Kansas City |
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| The Recent Decline in Employment Dynamics |
| [slides] |
| Presented by: Henry Hyatt, US Census Bureau |
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| Variations on a Theme: The Cyclicality of Unemployment and the Relevance of Home Production |
| Presented by: Robert Lester, University of Notre Dame |
| |
| On the Optimal Size of Public Employment |
| Presented by: Eduardo Zilberman, PUC-Rio |
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Session 18: Financial Frictions and Development
May 17, 2013 14:00 to 16:00 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Erick Sager, University of Minnesota |
| Session type: contributed |
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| Subsistence Consumption, Occupational Choice, and the Consequences of Poverty |
| Presented by: Jeffrey Allen, University of Oregon |
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| Foreign Firms, Distribution of Income, and the Welfare of Developing Countries |
| Presented by: Manuel García-Santana, ECARES |
| |
| Child Labour, Human Capital Accumulation and Mortality |
| Presented by: Rahul Sirohi, University of Illinois at Urbana-Champaign |
| |
| Development, Volatility and Intertemporal Distortions |
| Presented by: Erick Sager, University of Minnesota |
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Session 19: Loans
May 17, 2013 14:00 to 16:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Cesar Tamayo, Rutgers University |
| Session type: contributed |
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| Factors Affecting College Completion and Student Ability in the U.S. since 1900 |
| Presented by: Christopher Herrington, Arizona State University |
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| Investor Protection and Optimal Contracts Under Risk Aversion and Costly State Verification |
| Presented by: Cesar Tamayo, Rutgers University |
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Session 20: International Macroeconomics II
May 17, 2013 14:00 to 16:00 |
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| |
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| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Charles Kahn, University of Illinois |
| Session type: contributed |
| |
| In for a Penny, In for 100 Billion Pounds: Quantifying the Welfare Benefits from Debt Relief |
| Presented by: Mark Wright, UCLA |
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| Optimal Borrowing Constraints and Growth in a Small Open Economy |
| [slides] |
| Presented by: Jacek Rothert, University of Texas, Austin |
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| Endogenous Borrowing Constraints and Stagnation in Latin America |
| Presented by: Paulina Restrepo-Echavarria, The Ohio State University |
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| Workers' Remittances, Borrowing Constraints, and Welfare |
| Presented by: AKM Morshed, Southern Illinois University Carbondale |
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Session 21: Fiscal Policy
May 17, 2013 16:15 to 17:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Kai (Jackie) Zhao, University of Western Ontario |
| Session type: contributed |
| |
| Fiscal policy coordination in monetary unions |
| Presented by: Josef Schroth, Bank of Canada |
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| Entrepreneurship in the Shadows: Wealth Constraints and Government Policy |
| Presented by: Semih Tumen, Central Bank of the Republic of Turkey |
| |
| Does the Social Safety Net Improve Welfare?: A Dynamic General Equilibrium Analysis |
| Presented by: Kai (Jackie) Zhao, University of Western Ontario |
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Session 22: Zero Lower Bound
May 17, 2013 16:15 to 17:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Benjamin Keen, University of Oklahoma |
| Session type: contributed |
| |
| Structural Reforms in a Monetary Union: The Role of the ZLB |
| Presented by: Andrea Raffo, Board of Governors of the Federal Reserv |
| |
| Wicksell versus Taylor: A Quest for Determinacy and the (Ir)relevance of the Taylor Principle |
| Presented by: Rodrigo Caputo, Banco Central de Chile |
| |
| Global Dynamics at the Zero Lower Bound |
| [slides] |
| Presented by: Benjamin Keen, University of Oklahoma |
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Session 23: Political Economy
May 17, 2013 16:15 to 17:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Toan Phan, UNC Chapel Hill |
| Session type: contributed |
| |
| Political competition over property rights enforcement |
| Presented by: Jan Auerbach, Washington University in St. Louis |
| |
| Protest and Repression: A Model of the Arab Spring |
| Presented by: Toan Phan, UNC Chapel Hill |
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Session 24: Technology / TFP II
May 17, 2013 16:15 to 17:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Ping Wang, Washington University in St. Louis |
| Session type: contributed |
| |
| The Interaction of Entry Barriers and Financial Frictions in Growth |
| Presented by: Sewon Hur, University of Pittsburgh |
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| Home Productivity |
| [slides] |
| Presented by: Benjamin Bridgman, U.S. Bureau of Economic Analysis |
| |
| Technology Assimilation and Development Accounting |
| Presented by: Ping Wang, Washington University in St. Louis |
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Session 25: Fiscal Multipliers
May 18, 2013 8:45 to 10:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Aaron Butz, Joint Committee on Taxation |
| Session type: contributed |
| |
| The Uncertainty Multiplier and Business Cycles |
| Presented by: Hikaru Saijo, University of Pennsylvania |
| |
| Effects of Government Spending Shocks on Private Sector Output |
| Presented by: Rong Li, The Ohio State University |
| |
| The Heterogeneous Effects of Government Purchases |
| Presented by: Axelle Ferriere, NYU Stern |
| |
| The Size of Fiscal Multipliers |
| Presented by: Aaron Butz, Joint Committee on Taxation |
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Session 26: Financial Markets
May 18, 2013 8:45 to 10:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Gaetano Antinolfi, Washington University and Federal Reserv |
| Session type: contributed |
| |
| Funding liquidity and market liquidity |
| Presented by: Yuan Yuan, UW madison |
| |
| How Do Money Market Conditions Affect Shadow Banking Activity? Evidence From Security Repurchase Agreements |
| Presented by: Karl Boulware, University of Alabama |
| |
| Macroeconomic Implications of Intangible Capital Reallocation through Mergers and Acquisitions |
| Presented by: Jahiz Barlas, University of Minnesota & Federal Reserve Bank of Minneapolis |
| |
| Trading OTC and Incentives to Clear Centrally |
| Presented by: Gaetano Antinolfi, Washington University and Federal Reserv |
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Session 27: Taxes and Policy
May 18, 2013 8:45 to 10:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Fabian Kindermann, University of Wuerzburg |
| Session type: contributed |
| |
| Taxing Earnings at the Top: A View from Human Capital Theory |
| Presented by: Alejandro Badel, St. Louis Fed |
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| Welfare Effect of Consumption Taxes |
| Presented by: Qian Li, Stony Brook University |
| |
| Debt in the U.S. Economy |
| Presented by: Kaiji Chen, Emory University |
| |
| Optimal taxation with current and future cohorts |
| Presented by: Fabian Kindermann, University of Wuerzburg |
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Session 28: Human Capital II
May 18, 2013 8:45 to 10:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Amanda Michaud, Indiana University |
| Session type: contributed |
| |
| Cyclical Employment and Learning Ability |
| Presented by: Jongsuk Han, University of Rochester |
| |
| Job Polarization : Market Responses to Interindustry Wage Differentials |
| Presented by: Myungkyu Shim, UCSD |
| |
| The Changes of Hours Fluctuations Since the Mid-1980s : What Happened to Middle Skilled Workers? |
| Presented by: Hee-Seung Yang, Monash University |
| |
| Incarceration and Labor Markets: A Macroeconomic Analysis |
| Presented by: Amanda Michaud, Indiana University |
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Session 29: Financial Economics II
May 18, 2013 11:00 to 13:00 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Marios Karabarbounis, Federal Reserve Bank of Richmond |
| Session type: contributed |
| |
| Strategic Interactions and Portfolio Choice in Money Management: Theory and Evidence |
| Presented by: Alvaro Pedraza, University of Maryland |
| |
| Understanding the Relative Price Puzzle |
| Presented by: Lin Liu, University of Rochester |
| |
| Learning Leverage Shocks and the Great Recession |
| Presented by: Jacek Suda, Banque de France - Paris School of Economics |
| |
| Life Cycle Uncertainty and Portfolio Choice Puzzles |
| Presented by: Marios Karabarbounis, Federal Reserve Bank of Richmond |
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|---|
Session 30: Monetary Policy
May 18, 2013 11:00 to 13:00 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Antonio Mele, University of Surrey |
| Session type: contributed |
| |
| Policy design with private sector skepticism in the textbook New Keynesian model |
| Presented by: Yang Lu, Hong Kong University of Science and Technology |
| |
| Rational Inattention to News: The Perils of Forward Guidance |
| Presented by: Gaetano Gaballo, Banque de France |
| |
| Monetary Policies, Unemployment and Inflation |
| Presented by: Russell Tsz-Nga Wong, Bank of Canada |
| |
| The suboptimality of the commitment equilibrium when agents are learning |
| Presented by: Antonio Mele, University of Surrey |
| |
|---|
Session 31: International Taxation
May 18, 2013 11:00 to 13:00 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Soojin Kim, University of Pennsylvania |
| Session type: contributed |
| |
| Transatlantic Differences in Taxation, Redistribution and Provision of Public Goods: How Fair is Inequality? |
| Presented by: Orhan Torul, University of Maryland |
| |
| Imperfect Financial Markets, External Debt, and the Cyclicality of Social Transfers |
| Presented by: Maren Froemel, European University Institute |
| |
| The Effects of Migration on Optimal Taxation: An International Tax Competition Analysis |
| Presented by: Soojin Kim, University of Pennsylvania |
| |
|---|
Session 32: Insurance
May 18, 2013 11:00 to 13:00 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Evangelia Chalioti, University of Illinois at Urbana-Champaign |
| Session type: contributed |
| |
| How Well Did Social Security Mitigate the Effects of the Great Recession? |
| Presented by: William Peterman, Federal Reserve Board of Governors |
| |
| The Aggregate Implications of Labor Supply Near Retirement |
| Presented by: Jose Mustre-del-Rio, Federal Reserve Bank of Kansas City |
| |
| What Do Data on Millions of U.S. Workers Say About Labor Income Risk? |
| [slides] |
| Presented by: Serdar Ozkan, Federal Reserve Board |
| |
| The Real Effects of the Uninsured on Premia |
| Presented by: Constantine Yannelis, Stanford University |
| |
|---|
Session 33: Business Cycles III
May 18, 2013 11:00 to 13:00 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Sushant Acharya, University of Maryland, College Park |
| Session type: contributed |
| |
| Financial Cycles and Labor Productivity over the Business Cycle |
| Presented by: Carlos Yepez, Brandeis University |
| |
| Consumption Commitments in General Equilibrium |
| Presented by: Christian Gillitzer, University of Michigan |
| |
| Dispersed Beliefs and Aggregate Demand Management |
| Presented by: Sushant Acharya, University of Maryland, College Park |
| |
|---|
Session 34: Topics in Macro
May 18, 2013 13:45 to 15:45 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Semih Tumen, Central Bank of the Republic of Turkey |
| Session type: contributed |
| |
| Effects of Extended Unemployment Benefits on Labor Dynamics |
| Presented by: Shiny Zhang, University of Toronto |
| |
| Taxing Fossil Fuels under Speculative Storage |
| Presented by: Semih Tumen, Central Bank of the Republic of Turkey |
| |
|---|
Session 35: Taxes
May 18, 2013 13:45 to 15:45 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Marcelo Arbex, University of Windsor |
| Session type: contributed |
| |
| Tax Avoidance, Welfare Transfers, and Asset Prices |
| Presented by: Denis Gorea, Goethe University Frankfurt |
| |
| On the Optimal Tax Policy in a Model with Uninsurable Idiosyncratic Shocks |
| Presented by: Marcelo Zouain Pedroni, University of Minnesota |
| |
| Capital Taxation, Intermediate Goods, and Production Efficiency |
| Presented by: Till Gross, Carleton University |
| |
| Tax evasion: Is this a government fight, or can anyone join? |
| Presented by: Marcelo Arbex, University of Windsor |
| |
|---|
Session 36: Development
May 18, 2013 13:45 to 15:45 |
|---|
| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Robert Tamura, Clemson University |
| Session type: contributed |
| |
| Money Market Rates and Retail Interest Regulation in China |
| Presented by: TengTeng Xu, Bank of Canada |
| |
| Financial Frictions and Agricultural Productivity Differences |
| Presented by: Wei Wang, Washington University in St. Louis |
| |
| Unmarried Fertility, Education, Social Stigma: Where Have All the High School Graduates Gone? |
| Presented by: Robert Tamura, Clemson University |
| |
|---|
Session 37: Health
May 18, 2013 13:45 to 15:45 |
|---|
| |
|---|
| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Roozbeh Hosseini, Arizona State University |
| Session type: contributed |
| |
| Labor Supply Incentives of Medicaid |
| Presented by: Ponpoje (Poe) Porapakkarm, University of Macau |
| |
| Welfare Analysis of Obamacare |
| Presented by: Zhigang Feng, Purdue University |
| |
| Cross-subsidization in employer-based health insurance and the effects of tax subsidy reform |
| Presented by: Svetlana Pashchenko, Uppsala University |
| |
| Accounting for Health Expenditures and Health Outcomes Across OECD Countries |
| Presented by: Roozbeh Hosseini, Arizona State University |
| |
|---|
Session 38: Housing II
May 18, 2013 13:45 to 15:45 |
|---|
| |
|---|
| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Peter Norman, University of North Carolina at Chapel H |
| Session type: contributed |
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| Housing Defaults when House Prices are Uncertain |
| Presented by: Morris Davis, University of Wisconsin-Madison, School |
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| Bidding for Teams |
| Presented by: Benoit Julien, Australian School of Business, UNSW |
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| Housing and Liquidity |
| Presented by: Randall Wright, University of Wisconsin |
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| Directed Search with Random Arrivals of Buyers or Workers |
| Presented by: Peter Norman, University of North Carolina at Chapel H |
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Session 39: Monetary & Fiscal Policy
May 18, 2013 16:00 to 18:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Alexander Richter, Auburn University |
| Session type: contributed |
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| Monetary-Fiscal Policy Interactions: Interdependent Policy Rule Coefficients |
| Presented by: Manuel Gonzalez-Astudillo, Federal Reserve Board |
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| Debt Maturity Management, Monetary and Fiscal Policy Interactions |
| Presented by: Hao Jin, Indiana University Bloomington |
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| The Consequences of Uncertain Debt Targets |
| Presented by: Alexander Richter, Auburn University |
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Session 40: Term Structure of Interest Rates
May 18, 2013 16:00 to 18:00 |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Shih-Wei Chao, National Chengchi University |
| Session type: contributed |
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| Expectations from the Term Structure |
| Presented by: Arunima Sinha, Santa Clara University |
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| A DSGE Term Structure Model with Credit Frictions |
| Presented by: Andrea Ajello, Board of Governors of the Federal Reserve System |
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| Long-Run Risks, Monetary Policy and the Term Structure of Interest Rates |
| Presented by: Shih-Wei Chao, National Chengchi University |
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Session 41: Discounting
May 18, 2013 16:00 to 18:00 |
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| |
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| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Nicholas Yannelis, Dept of Economics, |
| Session type: contributed |
| |
| Equivalent Representations of Non-Exponential Discounting Models |
| Presented by: James Feigenbaum, Utah State University |
| |
| Can High Discount Rates Increase Capital Accumulation? |
| Presented by: Xueli Tang, Deakin University |
| |
| Non-Expected Utility and the Economics of Health and Longevity |
| Presented by: Juan Cordoba, Iowa State University |
| |
| Contract Theory |
| Presented by: Valeri Marakulin, Sobolev Institute of Mathematics SB RAS |
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Session 42: International Macroeconomics III
May 18, 2013 16:00 to 18:00 |
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| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Jiae Yoo, Johns Hopkins University |
| Session type: contributed |
| |
| Evaluating International Financial Integration in a Center-Periphery Economy |
| Presented by: Changhua Yu, University of International Business and Economics |
| |
| A Theory of Debt and Default: Liquidity versus Tax Distortion |
| Presented by: Yun Pei, University of Minnesota |
| |
| Welfare Gains from International Reserve Pooling |
| Presented by: Jiae Yoo, Johns Hopkins University |
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Session 43: Employment Dynamics
May 18, 2013 16:00 to 18:00 |
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| |
|---|
| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Yahong Zhang, Bank of Canada |
| Session type: contributed |
| |
| Offshoring, Low-skilled Immigration and Labor Market Polarization |
| Presented by: Andrei Zlate, Board of Governors of the Federal Reserve System |
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| Entrepreneurs, Jobs, and Trade |
| Presented by: Bulent Unel, Louisiana State University |
| |
| Unemployment Fluctuations in a SOE model with Segmented Labour Markets: the Case of Canada |
| Presented by: Yahong Zhang, Bank of Canada |
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Session 44: Informal Markets
May 19, 2013 9:30 to 11:00 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Nuray Akin, University of Miami |
| Session type: contributed |
| |
| Shadow Economy over the Business Cycle: How do Formal and Informal Cycles Interact? |
| Presented by: Serdar Birinci, Bogazici University |
| |
| Informality and Structural Transformation |
| Presented by: Deniz Bayram, Bogazici University |
| |
| Risk-Sharing within Families: Evidence from the Health and Retirement Study |
| Presented by: Nuray Akin, University of Miami |
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Session 45: Financial Crises
May 19, 2013 9:30 to 11:00 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Andres Fernandez, Inter American Development Bank |
| Session type: contributed |
| |
| The Unemployment Effect of Credit Crunch |
| Presented by: Feng Dong, Washington University in St. Louis |
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| Equilibrium Unemployment During Financial Crises |
| Presented by: Andres Fernandez, Inter American Development Bank |
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Session 46: Economics of Natural Resources
May 19, 2013 9:30 to 11:00 |
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| |
|---|
| Session Organizer: Daniel Dias, University of Illinois at Urbana-Champai |
| Session Chair:
Xin Li, Rice University |
| Session type: contributed |
| |
| Obstinate or Optimal? A Macroeconomic Analysis of Climate Policy Incentives |
| Presented by: Stephie Fried, UC San Diego |
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| Robust Optimal Taxation and Environmental Externalities |
| Presented by: Xin Li, Rice University |
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Session 47: Rigidities
May 19, 2013 11:15 to 12:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Julio Blanco, New York University |
| Session type: contributed |
| |
| Kinked Demand Curves, the Natural Rate Hypothesis, and Macroeconomic Stability |
| Presented by: Willem Van Zandweghe, Federal Reserve Bank of Kansas City |
| |
| A Dynamic Theory of Discrete Choice with Information Costs |
| Presented by: Anna Popova, UIUC |
| |
| Learning to Price |
| Presented by: Julio Blanco, New York University |
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Session 48: Long Run Trends
May 19, 2013 11:15 to 12:45 |
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| |
|---|
| Session Organizer: Anne Villamil, University of Illinois |
| Session Chair:
Nick Guo, Utah State University |
| Session type: contributed |
| |
| Risk, Economic Growth and the Value of U.S. Corporations |
| Presented by: Nils Gornemann, University of Pennsylvania |
| |
| Successive Technical Change and the Demand for Skill |
| Presented by: Damir Stijepic, Goethe University Frankfurt |
| |
| Can Borrowing Costs Explain the Consumption Hump? |
| Presented by: Nick Guo, Utah State University |