North American Summer Meeting, 2004

Summary of All Sessions

#Date/TimeTitlePapersOrganizer
117 June
9:00-10:30
Macroeconomics of Labor Markets2Narayana Kocherlakota
217 June
9:00-10:30
Incentives and Personnel Economics4Ignacio Palacios-Huerta
317 June
9:00-10:30
Multinationals and Global Production2Pravin Krishna
417 June
9:00-10:30
Dynamic and Non-Linear Models3Moshe Buchinsky
517 June
9:00-10:30
Moral Hazard3Ilya Segal
617 June
9:00-10:30
Estimating and Testing New Keynesian Models4Lars Hansen
717 June
9:00-10:30
Sovereign Risk and Currency Crashes2Martin Uribe
817 June
9:00-10:30
School Reform and School District Quality3J. Henderson
917 June
9:00-10:30
Tournaments and Empirical Game Theory3Roberto Serrano
1017 June
11:00-12:30
Search, information and learning3Simon Grant
1117 June
11:00-12:30
Conditional Heteroskedasticity3Pierre Perron
1217 June
11:00-12:30
Households and Consumption3Andrew Foster
1317 June
11:00-12:30
Globalization - Costs and Benefits3Pravin Krishna
1417 June
11:00-12:30
Corporate Capital Structure3Darrell Duffie
1517 June
11:00-12:30
Theory of Money and the Payments System3Peter Howitt
1617 June
11:00-12:30
Term Structure of Interest Rates3Lars Hansen
1717 June
11:00-12:30
Urban Amenities and Agglomeration4J. Henderson
1817 June
11:00-12:30
Theoretical Political Economy3Thomas Palfrey
1917 June
14:00-15:30
Consumption, Welfare, and Incomplete Markets4Narayana Kocherlakota
2017 June
14:00-15:30
Political Economics4Roger Myerson
2117 June
14:00-15:30
Capital Markets, Growth and Development3Debraj Ray
2217 June
14:00-15:30
Estimation of Treatment Effects4Moshe Buchinsky
2317 June
14:00-15:30
Trade Talks and Trade Wars2Pravin Krishna
2417 June
14:00-15:30
Learning and Monetary Policy3Lars Hansen
2517 June
14:00-15:30
Topics in Location and Education3J. Henderson
2617 June
14:00-15:30
Decision Theory3Roberto Serrano
2717 June
14:00-15:30
Price Competition and Price Discrimination2Ilya Segal
2817 June
16:00-17:30
Welfare Measures and Comparative Statics3Simon Grant
2917 June
16:00-17:30
Panel Data Methods3Pierre Perron
3017 June
16:00-17:30
Bayesian Games and Mechanism Design3Roger Myerson
3117 June
16:00-17:30
Econometrics of Volatility4Jinyong Hahn
3217 June
16:00-17:30
The Political Economy of International Trade Policy4Pravin Krishna
3317 June
16:00-17:30
Imperfect Financial Markets3Darrell Duffie
3417 June
16:00-17:30
Money and Search Theory3Peter Howitt
3517 June
16:00-17:30
Discrimination3Lise Vesterlund
3617 June
16:00-17:30
Financial Crises: Capital Flows, Debt and Output3Pravin Krishna
3718 June
9:00-10:30
Dynamics of Cooperation in Games4Roger Myerson
3818 June
9:00-10:30
Non- and Semi-Parametric Identification3Jinyong Hahn
3918 June
9:00-10:30
Inequality and Development2Debraj Ray
4018 June
9:00-10:30
Labor Market Frictions and Productivity3Moshe Buchinsky
4118 June
9:00-10:30
Trade, FDI and Technology2Pravin Krishna
4218 June
9:00-10:30
Empirical Macroeconomics I3Lars Hansen
4318 June
9:00-10:30
Boundaries of the Firm3Jennifer Reinganum
4418 June
9:00-10:30
The Dynamics of Open Economies Under Exchange and Financial Frictions2Martin Uribe
4518 June
9:00-10:30
Common Resources and Public Goods3Roberto Serrano
4618 June
11:00-12:30
(Potentially) Anti-Competitive Practices3Jennifer Reinganum
4718 June
11:00-12:30
Applications of Bootstrap Methods4Pierre Perron
4818 June
11:00-12:30
Contingent Valuation and Flexible Functional Forms3Tony Lancaster
4918 June
11:00-12:30
Educational Choices and Their Outcomes3Moshe Buchinsky
5018 June
11:00-12:30
Growth Theory3Peter Howitt
5118 June
11:00-12:30
Implications of Asset Pricing Models2Lars Hansen
5218 June
11:00-12:30
Auctions I3Vijay Krishna
5318 June
11:00-12:30
Topics in Bounded Rationality and Time Inconsistency2David Laibson
5418 June
11:00-12:30
General Equilibrium: Incomplete Markets, Observable Restrictions and Identification4Herakles Polemarchakis
5518 June
11:00-12:30
Empirical Macroeconomics II3Lars Hansen
5618 June
14:00-15:30
Walras-Bowley Lecture1Rajiv Vohra
5719 June
9:00-10:30
Dynamic Models in Industrial Organization3Jennifer Reinganum
5819 June
9:00-10:30
Unit Root, Near Unit Root and Cointegration3Pierre Perron
5919 June
9:00-10:30
Topics in Hypothesis Testing3Jinyong Hahn
6019 June
9:00-10:30
Implementation3Ilya Segal
6119 June
9:00-10:30
Welfare Programs and Their Effects3Moshe Buchinsky
6219 June
9:00-10:30
Trade and Labor Markets3Pravin Krishna
6319 June
9:00-10:30
Financial Market Microstructure3Darrell Duffie
6419 June
9:00-10:30
Growth Empirics3Peter Howitt
6519 June
9:00-10:30
Repeated Games2Roberto Serrano
6619 June
11:00-12:30
Law and Economics3Jennifer Reinganum
6719 June
11:00-12:30
Fiscal Policy4Narayana Kocherlakota
6819 June
11:00-12:30
Bayesian Methods for Time Series3Tony Lancaster
6919 June
11:00-12:30
Games with Incomplete Information3Roger Myerson
7019 June
11:00-12:30
Networks and Bargaining in Experiments4Lise Vesterlund
7119 June
11:00-12:30
Implications of Bias and Heterogeneity in Beliefs3Lars Hansen
7219 June
11:00-12:30
Auctions II2Vijay Krishna
7319 June
11:00-12:30
Behavioral Economics I4David Laibson
7419 June
11:00-12:30
Theory of Economic Policy3Herakles Polemarchakis
7519 June
14:00-15:30
Changes in Regimes3Pierre Perron
7619 June
14:00-15:30
Topics in Empirical Industrial Organization4Ignacio Palacios-Huerta
7719 June
14:00-15:30
Advice3Ilya Segal
7819 June
14:00-15:30
Employment, Job Assignments, and Promotions3Moshe Buchinsky
7919 June
14:00-15:30
Topics in International Trade3Pravin Krishna
8019 June
14:00-15:30
Monetary Policy I2Peter Howitt
8119 June
14:00-15:30
Questions on Identity, Race and Culture4J. Henderson
8219 June
14:00-15:30
Bargaining3Roberto Serrano
8319 June
14:00-15:30
Contracts and Information in General Equilibrium3Herakles Polemarchakis
8419 June
16:00-17:30
Presidential Address (A. Rubinstein) and Presentation of the Frisch Medal Award (J. Eaton and S. Kortum)1Rajiv Vohra
8520 June
9:00-10:30
Topics in Theoretical Industrial Organization2Jennifer Reinganum
8620 June
9:00-10:30
Topics in Time Series3Pierre Perron
8720 June
9:00-10:30
Human Capital and Educational Attainments3Moshe Buchinsky
8820 June
9:00-10:30
Monetary and Fiscal Policy in Emerging Markets3Pravin Krishna
8920 June
9:00-10:30
Monetary Policy II3Peter Howitt
9020 June
9:00-10:30
Econometric Methodology3Lars Hansen
9120 June
9:00-10:30
Topics in Urban Economics and Spatial Econometrics3J. Henderson
9220 June
9:00-10:30
Auctions III2Ignacio Palacios-Huerta
9320 June
9:00-10:30
Coalitional Stability and the Core3Roberto Serrano
9420 June
11:00-12:30
Firms in the Macroeconomy3Narayana Kocherlakota
9520 June
11:00-12:30
IV Estimation4Jinyong Hahn
9620 June
11:00-12:30
Patents, Market Selection and Consumer Credit2Andrew Foster
9720 June
11:00-12:30
Network Effects3Ilya Segal
9820 June
11:00-12:30
Coordination and Conventions in Experiments4Lise Vesterlund
9920 June
11:00-12:30
Learning and Monetary Dynamics3Peter Howitt
10020 June
11:00-12:30
Optimal Monetary Policy For The Open Economy3Martin Uribe
10120 June
11:00-12:30
Behavioral Economics II3David Laibson
10220 June
11:00-12:30
Electoral Politics3Ignacio Palacios-Huerta
 

102 sessions, 304 papers


 

North American Summer Meeting, 2004

Complete List of All Sessions


Session 1: Macroeconomics of Labor Markets

Session Organizer: Narayana Kocherlakota, Stanford University
Session Chair: Michael Krause, Tilburg University
Date: June 17, 2004
Time: 9:00 - 10:30
 

Investment in Human Capital in a Macrodynamic Framework: Redistributive Taxation, Public Debt and Welfare
By Leandro Gonçalves do Nascimento
   Presented by: Leandro Nascimento, Getulio Vargas Foundation
 

On-the-Job Search and Business Cycle Dynamics
By Michael U. Krause and Thomas A. Lubik
   Presented by: Michael Krause, Tilburg University

Session 2: Incentives and Personnel Economics

Session Organizer: Ignacio Palacios-Huerta, Brown University
Session Chair: Iwan Barankay, University of Essex
Date: June 17, 2004
Time: 9:00 - 10:30
 

External Recruitment as an incentive Device
By Kong-Pin Chen
   Presented by: Kong-Pin Chen, Academia Sinica
 

How often should you open the door? Optimal monitoring to screen heterogeneous agents
By Andrea Ichino and Gerd Muehlheusser
   Presented by: Gerd Muehlheusser, University of Bern
 

Extreme Sports Evaluation: Evidence from Judging Figure Skating
By Jungmin Lee
   Presented by: Jungmin Lee, University of Texas at Austin
 

Relative and Absolute Incentives: Evidence on Worker Productivity
By Oriana Bandiera (STICERD, LSE, CEPR), Iwan Barankay (Essex), Imran Rasul (GSB Chicago, CEPR)
   Presented by: Iwan Barankay, University of Essex

Session 3: Multinationals and Global Production

Session Organizer: Pravin Krishna, Brown University
Session Chair: Pol Antras,
Date: June 17, 2004
Time: 9:00 - 10:30
 

Reversing the Perspective: Multinational Activity from Middle-Income Countries
By Debaere, PEter
   Presented by: Peter Debaere, Univ. of Texas, Austin
 

Incomplete Contracts and the Product Cycle
By Pol Antras
   Presented by: Pol Antras,

Session 4: Dynamic and Non-Linear Models

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: PAUL W WILSON, UNIVERSITY OF TEXAS
Date: June 17, 2004
Time: 9:00 - 10:30
 

Estimation of Nonlinear Models with Measurement Error Using Marginal Information
By Yingyao Hu and Geert Ridder
   Presented by: Yingyao Hu, University of Texas at Austin
 

A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables
By Michael P. Keane and Robert M. Sauer
   Presented by: Robert Sauer,
 

Robust Nonparametric Estimation of Efficiency and Technical Change in U.S. Commercial Banking
By David C. Wheelock and Paul W. Wilson
   Presented by: PAUL W WILSON, UNIVERSITY OF TEXAS

Session 5: Moral Hazard

Session Organizer: Ilya Segal, Stanford University
Session Chair: Robert Gilles, Virginia Tech
Date: June 17, 2004
Time: 9:00 - 10:30
 

Threat of Dismissal: Incentive or Sorting?
By Illoong Kwon
   Presented by: Illoong Kwon, University of Michigan
 

Contracting with altruistic agents under moral hazard
By Cecile AUBERT
   Presented by: Cecile Aubert,
 

Explicit and Latent Authority in Hierarchical Organizations
By Robert P. Gilles and Rene van den Brink
   Presented by: Robert Gilles, Virginia Tech

Session 6: Estimating and Testing New Keynesian Models

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Antonio Moreno, Universidad de Navarra
Date: June 17, 2004
Time: 9:00 - 10:30
 

ML vs GMM Estimates of Hybrid Macroeconomic Models (With an Application to the "New Phillips Curve")
By Eric JONDEAU, Herve LE BIHAN
   Presented by: Eric Jondeau, Banque de France
 

The New Keynesian Phillips Curve: An empirical assessment
By Alain GUAY, Richard LUGER and Florian PELGRIN
   Presented by: PELGRIN Florian, Bank of Canada
 

Are New Keynesian Phillips Curves Identified ?
By Jean-Marie Dufour, Lynda Khalaf, and Maral Kichian
   Presented by: Maral Kichian, Bank of Canada
 

Reaching Inflation Stability
By Antonio Moreno
   Presented by: Antonio Moreno, Universidad de Navarra

Session 7: Sovereign Risk and Currency Crashes

Session Organizer: Martin Uribe, Duke University
Session Chair: Mariassunta Giannetti, Stockholm School of Economics
Date: June 17, 2004
Time: 9:00 - 10:30
 

Debt Hold Up and International Lending
By Rodney Ramcharan
   Presented by: Rodney Ramcharan, International Monetary Fund
 

Old and Modern Currency Crises: Short-Term Liabilities, Speculative Attacks and Business Cycles
By Mariassunta Giannetti
   Presented by: Mariassunta Giannetti, Stockholm School of Economics

Session 8: School Reform and School District Quality

Session Organizer: J. Henderson, Brown University
Session Chair: Joydeep Roy, Princeton University
Date: June 17, 2004
Time: 9:00 - 10:30
 

Impact of Voucher Design on Public School Performance: Evidence from Florida and Milwaukee Voucher Programs
By Rajashri Chakrabarti
   Presented by: Rajashri Chakrabarti, Cornell University
 

Nonlinear Hedonics and the Search for School District Quality
By Abbigail J Chiodo, Ruben Hernandez-Murillo, and Michael T. Owyang
   Presented by: Michael Owyang, Federal Reserve Bank of Saint Louis
 

Impact of School Finance Reform on Resource Equalization and Academic Performance: Evidence from Michigan
By Joydeep Roy
   Presented by: Joydeep Roy, Princeton University

Session 9: Tournaments and Empirical Game Theory

Session Organizer: Roberto Serrano, Brown University
Session Chair: Alexander Matros, University of PIttsburgh
Date: June 17, 2004
Time: 9:00 - 10:30
 

Equilibrium or Simple Rule at Wimbledon? An Empirical Study
By Shih-Hsun Hsu, Chen-Ying Huang and Cheng-Tao Tang
   Presented by: Cheng-Tao Tang, National Taiwan University
 

Status Quo Effects In Bargaining: An Empirical Analysis of OPEC
By Kyle Hyndman
   Presented by: Kyle Hyndman, private
 

Players with Fixed Resources in Elimination Tournaments
By Alexander Matros
   Presented by: Alexander Matros, University of PIttsburgh

Session 10: Search, information and learning

Session Organizer: Simon Grant, Rice University
Session Chair: Hector Chade, Arizona State University
Date: June 17, 2004
Time: 11:00 - 12:30
 

Comparative Statics in a Herding Model of Investment
By Tuvana Pastine
   Presented by: Tuvana Pastine, NUI, Maynooth and CEPR
 

Optimal Job Design and Career Dynamics in the Presence of Uncertainty
By Elena Pastorino
   Presented by: Elena Pastorino, University of Pennsylvania
 

simultaneous search
By hector chade and lones smith
   Presented by: Hector Chade, Arizona State University

Session 11: Conditional Heteroskedasticity

Session Organizer: Pierre Perron, Boston University
Session Chair: Carmela Quintos, University of Rochester
Date: June 17, 2004
Time: 11:00 - 12:30
 

A Skewed GARCH-in-Mean Model: An Application to U.S. Stock Returns
By Markku Lanne and Pentti Saikkonen
   Presented by: Markku Lanne, University of Jyvaskyla
 

Estimation and Testing for Partially Nonstationary Vector Autoregressive Models with GARCH: WLS versus QMLE
By Chor-yiu SIN
   Presented by: Chor-yiu SIN,
 

Extremal Correlation for GARCH Data
By Carmela Quintos
   Presented by: Carmela Quintos, University of Rochester

Session 12: Households and Consumption

Session Organizer: Andrew Foster, Brown University
Session Chair: John Gibson, Williams College
Date: June 17, 2004
Time: 11:00 - 12:30
 

An empirical examination of household public goods provision
By Hisahiro Naito and Ken Yamada
   Presented by: Hisahiro Naito, Osaka University
 

Individual Euler Equations Rather Than Household Euler Equations
By Maurizio Mazzocco
   Presented by: Maurizio Mazzocco, University of Wisconsin-Madison
 

CPI Bias and Real Living Standards in Russia During The Transition
By John Gibson, Steven Stillman, Trinh Le
   Presented by: John Gibson, Williams College

Session 13: Globalization - Costs and Benefits

Session Organizer: Pravin Krishna, Brown University
Session Chair: Vitor Trindade, Syracuse University
Date: June 17, 2004
Time: 11:00 - 12:30
 

Globalization and the Gains from Variety
By Christian Broda and David Weinstein
   Presented by: Christian Broda, Federal Reserve Bank of New York
 

Trade Policy, Income Volatility and Welfare
By Tom Krebs, Pravin Krishna, William Maloney
   Presented by: Pravin Krishna, Brown University
 

Neckties in the Tropics: a Model of International Trade and Cultural Diversity
By James E. Rauch, Vitor Trindade
   Presented by: Vitor Trindade, Syracuse University

Session 14: Corporate Capital Structure

Session Organizer: Darrell Duffie, Stanford University
Session Chair: Ilya Strebulaev, London Business School
Date: June 17, 2004
Time: 11:00 - 12:30
 

Are Bond Covenants Priced?
By Michael Bradley and Michael R Roberts
   Presented by: Michael Roberts, Duke University
 

Do Firms Rebalance Their Capital Structures?
By Mark T. Leary and Michael R. Roberts
   Presented by: Mark Leary, Duke University
 

Do Tests of Capital Structure Theory Mean What They Say?
By Ilya A. Strebulaev
   Presented by: Ilya Strebulaev, London Business School

Session 15: Theory of Money and the Payments System

Session Organizer: Peter Howitt, Brown University
Session Chair: Tao Zhu, Cornell University
Date: June 17, 2004
Time: 11:00 - 12:30
 

Alternative Central Bank Credit Policies for Liquidity Provision in a Model of Payments
By David C. Mills
   Presented by: David Mills, Federal Reserve Board
 

Private Electronic Money, Fiat Money and the Payments System
By Paula Hernandez-Verme, Haibo Huang, and Andrew B. Whinston
   Presented by: Haibo Huang, University of Texas at Austin
 

Float on a Note
By Neil Wallace and Tao Zhu
   Presented by: Tao Zhu, Cornell University

Session 16: Term Structure of Interest Rates

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Peter Tillmann, University of Bonn
Date: June 17, 2004
Time: 11:00 - 12:30
 

Dynamics of Interest Rate Curve by Functional Auto-regression
By Slava Kargin and Alexei Onatski
   Presented by: Vladislav Karguine, Cornerstone Research
 

A General Equilibrium Model of the Term Structure of Interest Rates under Regime-switching Risk
By Shu Wu and Yong Zeng
   Presented by: Shu Wu, The University of Kansas
 

Cointegration and Regime-Switching Risk Premia in the US Term Structure of Interest Rates
By Peter Tillmann
   Presented by: Peter Tillmann, University of Bonn

Session 17: Urban Amenities and Agglomeration

Session Organizer: J. Henderson, Brown University
Session Chair: MARCUS BERLIANT, WASHINGTON UNIVERSITY
Date: June 17, 2004
Time: 11:00 - 12:30
 

The Economic Value of Cultural Diversity: Evidence from US cities
By Giovanni Peri and GianMarco Ottaviano
   Presented by: Giovanni Peri, University of California, Davis
 

Moving to Nice Weather
By Jordan Rappaport
   Presented by: Jordan Rappaport, Federal Reserve Bank of Kansas City
 

Knowledge Creation as a Square Dance on the Hilbert Cube
By Marcus Berliant and Masahisa Fujita
   Presented by: MARCUS BERLIANT, WASHINGTON UNIVERSITY
 

On the Contribution of Agglomeration Economies to Spatial Concentration of US Employment
By Satyajit Chatterjee
   Presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia

Session 18: Theoretical Political Economy

Session Organizer: Thomas Palfrey, California Inst. of Technology
Session Chair: Ernesto Dal Bo, UC Berkeley
Date: June 17, 2004
Time: 11:00 - 12:30
 

Mackerels in the moonlight. A model of corrupt politicians
By Haldun Evrenk
   Presented by: Haldun Evrenk, Boston University
 

Constitutional Rules
By Toke S. Aidt and Francesco Giovannoni
   Presented by: Francesco Giovannoni, Unversity of Bristol
 

Workers, Warriors and Criminals: Social Conflict in General Equilibrium
By Ernesto Dal Bó and Pedro Dal Bó
   Presented by: Ernesto Dal Bo, UC Berkeley

Session 19: Consumption, Welfare, and Incomplete Markets

Session Organizer: Narayana Kocherlakota, Stanford University
Session Chair: Tom Krebs, Brown University
Date: June 17, 2004
Time: 14:00 - 15:30
 

The Buffer Stock Model and the Aggregate Propensity to Consume.
By Maria J. Luengo-Prado and Bent E. Sorensen
   Presented by: Maria Luengo-Prado, Northeastern University
 

Does Housing Wealth Make Us Less Equal? The Role of Durable Goods in the Distribution of Wealth
By Robert F. Martin Joseph W. Gruber
   Presented by: Robert Martin, Federal Reserve Board
 

Obsolescence of Durable Goods and Optimal Consumption
By Ennio Stacchetti, Dmitriy Stolyarov
   Presented by: Dmitriy Stolyarov, University of Michigan
 

welfare cost of business cycles when markets are incomplete
By tom krebs
   Presented by: Tom Krebs, Brown University

Session 20: Political Economics

Session Organizer: Roger Myerson, University of Chicago
Session Chair: Roger Myerson, University of Chicago
Date: June 17, 2004
Time: 14:00 - 15:30
 

Dynamic Enfranchisement
By William Jack and Roger Lagunoff
   Presented by: William Jack, Georgetown University
 

Businessman Candidates
By Scott Gehlbach and Konstantin Sonin
   Presented by: Konstantin Sonin, New Economic School/CEFIR
 

The Political Economy of Interest Groups: Pressure and Information
By Matthias Dahm and Nicolas Porteiro
   Presented by: Matthias Dahm, Northwestern University
 

Extremes and Moderates: A Characterization and an Application to Lobbying
By Murali Agastya and Kunal Sengupta
   Presented by: Murali Agastya, University of Sydney

Session 21: Capital Markets, Growth and Development

Session Organizer: Debraj Ray, New York University
Session Chair: Hyeok Jeong, USC
Date: June 17, 2004
Time: 14:00 - 15:30
 

Banks, Liquidity Crises and Economic Growth
By Romain Ranciere and Alejandro Gaytan
   Presented by: Alejandro Gaytan, public
 

What do information frictions do?
By Joydeep Bhattacharya and Shankha Chakraborty
   Presented by: Joydeep Bhattacharya, Iowa State University
 

Discovering the Sources of TFP Growth: Occupation Choice, Capital Heterogeneity, and Financial Deepening
By Hyeok Jeong and Robert M. Townsend
   Presented by: Hyeok Jeong, USC

Session 22: Estimation of Treatment Effects

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Sergio Firpo, University of British Columbia
Date: June 17, 2004
Time: 14:00 - 15:30
 

Estimating Dynamic Treatment Effects from Project STAR
By Weili Ding and Steven Lehrer
   Presented by: Weili Ding, University of Michigan
 

The Impact of Measurement Error on Evaluation Methods Based on Strong Ignorability
By Erich Battistin and Andrew Chesher
   Presented by: Erich Battistin, Institute for Fiscal Studies
 

Matching using Semiparametric Propensity Scores
By Gregory Kordas and Steven Lehrer
   Presented by: Steven Lehrer, Wharton School, Univ. of Pennsylavania
 

Efficient Semiparametric Estimation of Quantile Treatment Effects
By Sergio Firpo
   Presented by: Sergio Firpo, University of British Columbia

Session 23: Trade Talks and Trade Wars

Session Organizer: Pravin Krishna, Brown University
Session Chair: Benjamin Zissimos, Vanderbilt University
Date: June 17, 2004
Time: 14:00 - 15:30
 

The GATT and Gradualism
By Ben Lockwood and Ben Zissimos
   Presented by: Benjamin Zissimos, Vanderbilt University
 

Scale Economies, Country Size, and Tariff Wars
By Daron O. Djeredjian and Mary E. Lovely
   Presented by: Mary Lovely,

Session 24: Learning and Monetary Policy

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Bedri Tas, Boston College
Date: June 17, 2004
Time: 14:00 - 15:30
 

Heterogeneous Information about the Term Structure of Interest Rates, Least-Squares Learning and Optimal Interest Rate Rules for Inflation Forecast Targeting
By Eric Schaling, Sylvester Eijffinger and Mewael Tesfaselassie
   Presented by: Eric Schaling, RAU
 

Asymmetric Information, Stock Returns and Monetary Policy: A Theoretical and Empirical Analysis
By Bedri Kamil Onur Tas
   Presented by: Bedri Tas, Boston College
 

learning optimal monetary policies
By richard dennis and federico ravenna
   Presented by: federico ravenna, University of California Santa Cruz

Session 25: Topics in Location and Education

Session Organizer: J. Henderson, Brown University
Session Chair: Arghya Ghosh, University of New South Wales
Date: June 17, 2004
Time: 14:00 - 15:30
 

Should Educational Policies Be Regressive?
By Daniel Gottlieb and Humberto Moreira
   Presented by: Daniel Gottlieb, Getulio Vargas Foundation
 

Equilibrium Sorting of Heterogeneous Consumers Across Locations
By Lars Nesheim
   Presented by: Lars Nesheim, University College London
 

Political Economy of Infrastructure Investment: A Spatial Approach
By Arghya Ghosh and Kieron Meagher
   Presented by: Arghya Ghosh, University of New South Wales

Session 26: Decision Theory

Session Organizer: Roberto Serrano, Brown University
Session Chair: Haluk Ergin, Massachusetts Institute of Technology
Date: June 17, 2004
Time: 14:00 - 15:30
 

A Theory of Risk Aversion without the Independence Axiom
By Hengjie Ai
   Presented by: Hengjie Ai, Univeristy of Minnesota
 

Products of Representations Characterize the Products of Dispersions and the Consistency of Beliefs
By Peter A. Streufert
   Presented by: Peter Streufert, University of Western Ontario
 

A subjective theory of compound lotteries
By Haluk Ergin, Faruk Gul
   Presented by: Haluk Ergin, Massachusetts Institute of Technology

Session 27: Price Competition and Price Discrimination

Session Organizer: Ilya Segal, Stanford University
Session Chair: Bing Jing, New York University
Date: June 17, 2004
Time: 14:00 - 15:30
 

Merger Incentives and Inverse Matrices from Bertrand Competition
By Jingang Zhao and Eric Howe
   Presented by: Jingang Zhao, University of Saskatchewan
 

Nonconvex Production Technology and Price Discrimination
By Bing Jing, Roy Radner
   Presented by: Bing Jing, New York University

Session 28: Welfare Measures and Comparative Statics

Session Organizer: Simon Grant, Rice University
Session Chair: John Quah, Oxford University
Date: June 17, 2004
Time: 16:00 - 17:30
 

Expected Consumer's Surplus as an Approximate Welfare Measure
By Edward E Schlee
   Presented by: Edward Schlee, Arizona State University
 

Measurement Theory and the Foundations of Utilitarianism
By John a. Weymark
   Presented by: John Weymark, Vanderbilt University
 

Comparative Statics with Concave and Supermodular Functions
By John K.-H. Quah
   Presented by: John Quah, Oxford University

Session 29: Panel Data Methods

Session Organizer: Pierre Perron, Boston University
Session Chair: Giovanni Urga, Cass Business School
Date: June 17, 2004
Time: 16:00 - 17:30
 

Panel Unit Root Tests under Cross- sectional Dependence
By Joerg Breitung and Samarjit Das
   Presented by: Samarjit Das, University of Bonn
 

Structural changes, common stochastic trends and unit roots in panel data
By Jushan Bai; Josep Lluís Carrion-i-Silvestre
   Presented by: Josep Carrion-i-Silvestre, University of Barcelona
 

Cointegration versus Spurious Regression in Heterogeneous Panels
By Lorenzo Trapani and Giovanni Urga
   Presented by: Giovanni Urga, Cass Business School

Session 30: Bayesian Games and Mechanism Design

Session Organizer: Roger Myerson, University of Chicago
Session Chair: Kim Sau Chung, Northwestern University
Date: June 17, 2004
Time: 16:00 - 17:30
 

Individually Rational, Balanced-Budget Bayesian Mechanisms and the Informed Principal Problem.
By Grigory Kosenokand Sergei Severinov
   Presented by: Sergei Severinov, Duke University
 

Robustness of Bayesian Equilibria
By Ronald Stauber
   Presented by: Ronald Stauber, University of Illinois
 

Foundations of Dominant Strategy Mechanisms
By Kim-Sau Chung and Jeffrey C. Ely
   Presented by: Kim Sau Chung, Northwestern University

Session 31: Econometrics of Volatility

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Peter Hansen, Brown University
Date: June 17, 2004
Time: 16:00 - 17:30
 

A simple estimation method and finite-sample inference for a stochastic volatility model
By Jean-Marie Dufour (University of Montreal) and Pascale VALERY (HEC-Montreal)
   Presented by: Pascale VALERY, HEC-Montreal
 

Finite Sample and Optimal Inference in Possibly Nonstationary ARCH Models with Gaussian and Heavy-Tailed Errors
By Jean Marie Dufour and Emma Iglesias
   Presented by: Emma Iglesias, University of Alicante
 

PSEUDO-MAXIMUM LIKELIHOOD ESTIMATION OF ARCH($ \infty $) MODELS
By Peter M. Robinson and Paolo Zaffaroni
   Presented by: Paolo Zaffaroni, Banca d'Italia
 

Realized Variance and IID Market Microstructure Noise
By Peter Reinhard Hansen and Asger Lunde
   Presented by: Peter Hansen, Brown University

Session 32: The Political Economy of International Trade Policy

Session Organizer: Pravin Krishna, Brown University
Session Chair: Chad Bown, Brandeis University
Date: June 17, 2004
Time: 16:00 - 17:30
 

Counterlobbying Downstream
By K. Gawande, P. Krishna
   Presented by: Kishore Gawande, Texas A&M University
 

Trade Creation, Trade Diversion, and Endogenous Regionalism
By Christopher S. P. Magee
   Presented by: Christopher Magee, Bucknell University
 

Estimating Import Demand and Export Supply Elasticities
By Hiau Looi Kee, Alessandro Nicita and Marcelo Olarreaga
   Presented by: Marcelo Olarreaga, The World Bank
 

"How Different Are Safeguards from Antidumping? Evidence from US Trade Policies Toward Steel"
By Chad P. Bown
   Presented by: Chad Bown, Brandeis University

Session 33: Imperfect Financial Markets

Session Organizer: Darrell Duffie, Stanford University
Session Chair: Xavier Gabaix, MIT
Date: June 17, 2004
Time: 16:00 - 17:30
 

Competition between market-making Intermediaries
By Simon Loertscher
   Presented by: Simon Loertscher, University of Bern
 

Liquidity Discovery and Asset Pricing
By Michael Gallmeyer, Burton Hollifield, and Duane Seppi
   Presented by: Michael Gallmeyer, Carnegie Mellon University
 

Limits of Arbitrage: Theory and Evidence from the Mortgage-Backed Securities Market
By Xavier Gabaix, Arvind Krishnamurthy and Olivier Vigneron,
   Presented by: Arvind Krishnamurthy, Northwestern University

Session 34: Money and Search Theory

Session Organizer: Peter Howitt, Brown University
Session Chair: Miquel Faig, University of Toronto
Date: June 17, 2004
Time: 16:00 - 17:30
 

A Theoretical Foundation for Bilateral Matching Mechanisms
By C.D. Aliprantis, G. Camera, R. Puzzello
   Presented by: Gabriele Camera, Purdue University
 

Money, Technology Choice and Pattern of Exchange in Search Equilibrium
By Jun Zhang, Haibin Wu, Ping Wang
   Presented by: Jun Zhang, Vanderbilt University
 

Divisible Money in an Economy with Villages
By Miquel Faig
   Presented by: Miquel Faig, University of Toronto

Session 35: Discrimination

Session Organizer: Lise Vesterlund, University Pittsburgh
Session Chair: Lise Vesterlund, University Pittsburgh
Date: June 17, 2004
Time: 16:00 - 17:30
 

Selection Effects on Trust and Trustworthiness
By Robert Slonim
   Presented by: Robert Slonim, Case Western Reserve University
 

Are the Disabled Discriminated Against in Product Markets? Evidence from Sportscards to Sportscars
By Uri Gneezy and John A. List
   Presented by: Uri Gneezy, University of Chicago
 

Do Women shy away from Competition?
By Muriel Niederle and Lise Vesterlund
   Presented by: Lise Vesterlund, University Pittsburgh

Session 36: Financial Crises: Capital Flows, Debt and Output

Session Organizer: Pravin Krishna, Brown University
Session Chair: Tito Cordella, INTERNATIONAL MONETARY FUND
Date: June 17, 2004
Time: 16:00 - 17:30
 

The Role of Firm Size in Controlling Output Volatility during the Asian Financial Crisis
By Hung-ju Chen; Hsiao-tang Hsu
   Presented by: Hung- Chen, National Taiwan University
 

Currency Mismatch, Uncertainty and Debt Structure
By Matthieu Bussiere, Marcel Fratzscher and Winfried Koeniger
   Presented by: Winfried Koeniger, IZA
 

Country Insurance
By Tito Cordella, Eduardo Levy Yeyati
   Presented by: Tito Cordella, INTERNATIONAL MONETARY FUND

Session 37: Dynamics of Cooperation in Games

Session Organizer: Roger Myerson, University of Chicago
Session Chair: Geoffroy de Clippel, Brown University
Date: June 18, 2004
Time: 9:00 - 10:30
 

Coalition-Stable Equilibria in Repeated Games
By Anthony Fai-Tong Chung
   Presented by: Anthony Chung, Stanford University
 

Subgame Perfect Correlated Equilibria in Repeated Games
By Pavlo Prokopovych, Lones Smith
   Presented by: Pavlo Prokopovych, University of Michigan
 

The Role of Trust in Costly Network Formation
By Robert P. Gilles and Sudipta Sarangi
   Presented by: SUDIPTA SARANGI, LOUISIANA STATE UNIVERSITY
 

An ANC Analytical Payoff Function for 3-Agent-Multistage-Games with Endogenous Communication Structures
By Ricardo Nieva
   Presented by: Ricardo Nieva, Concordia University

Session 38: Non- and Semi-Parametric Identification

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Susanne Schennach, University of Chicago
Date: June 18, 2004
Time: 9:00 - 10:30
 

Nonparametric Estimation of Dutch and First-Price, Sealed-Bid Auction Models with Asymmetric Bidders
By Bjarne Brendstrup and Harry J. Paarsch
   Presented by: Harry Paarsch, University of Iowa
 

Endogeneity in Quantile Regression Models: A Control Function Approach
By Sokbae Lee
   Presented by: Sokbae Lee, University College London
 

Instrumental Variable Estimation of Nonlinear Errors-in-Variables Models
By Susanne M. Schennach
   Presented by: Susanne Schennach, University of Chicago

Session 39: Inequality and Development

Session Organizer: Debraj Ray, New York University
Session Chair: Shankha Chakraborty, University of Oregon
Date: June 18, 2004
Time: 9:00 - 10:30
 

China's Income Distribution and Inequality
By Ximing Wu and Jeffrey M. Perloff
   Presented by: Ximing Wu, Univ. of Guelph
 

Mortality, Human Capital and Persistent Inequality
By Shankha Chakraborty, Mausumi Das
   Presented by: Shankha Chakraborty, University of Oregon

Session 40: Labor Market Frictions and Productivity

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: arnaud Dupuy, Maastricht University
Date: June 18, 2004
Time: 9:00 - 10:30
 

Labor Market Frictions, Job Insecurity, and the Flexibility of the Employment Relationship
By Niko Matouschek, Paolo Ramezzana, Frederic Robert-Nicoud
   Presented by: Niko Matouschek, Kellogg School of Management
 

Shifts and Twists in the Relative Productivity of Skilled Labor: Reconciling Accelerated SBTC with the Productivity Slowdown
By Arnaud Dupuy and Philip Marey
   Presented by: arnaud Dupuy, Maastricht University
 

Women Prefer Larger Governments: Female Labor Supply and Public Spending
By Tiago Cavalcanti and Jose Tavares
   Presented by: Jose Tavares, Universidade Nova, Lisbon

Session 41: Trade, FDI and Technology

Session Organizer: Pravin Krishna, Brown University
Session Chair: CARL NELSON,
Date: June 18, 2004
Time: 9:00 - 10:30
 

Does the Use of Imported Intermediates Increase Productivity? Plant-Level Evidence
By Hiroyuki Kasahara and Joel Rodrigue
   Presented by: Joel Rodrigue, Queen's University
 

"The Relationship between Exports and Productivity at the Plant level in the Turkish Apparel and Motor Vehicle Parts Industries
By Mahmut Yasar & Carl H. Nelson
   Presented by: CARL NELSON,

Session 42: Empirical Macroeconomics I

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: John Keating, University of Kansas
Date: June 18, 2004
Time: 9:00 - 10:30
 

Do Technology Shocks Drive Hours Up or Down?
By Elena Pesavento and Barbara Rossi
   Presented by: Elena Pesavento, Emory University
 

The role of permanent and transitory components in business cycle volatility moderation
By Oleg Korenok and Stan Radchenko
   Presented by: Stanislav Radchenko, University of NC at Charlotte
 

Interpreting Permanent and Transitory Shocks to Output When Aggregate Demand May Not Be Neutral in the Long-run
By John Keating
   Presented by: John Keating, University of Kansas

Session 43: Boundaries of the Firm

Session Organizer: Jennifer Reinganum, Vanderbilt University
Session Chair: Ramesh Sankaranarayanan, New York University
Date: June 18, 2004
Time: 9:00 - 10:30
 

The Organization of Supply: a Vertical Equilibrium Analysis
By Nadav Levy
   Presented by: Nadav Levy, University at Albany, SUNY
 

The Boundaries of the Firms as Information Barriers
By Eric Chou
   Presented by: Eric Chou, The Chinese University of Hong Kong
 

Electronic Markets, Search Costs and Firm Boundaries
By Ramesh Sankaranarayanan, Arun Sundararajan
   Presented by: Ramesh Sankaranarayanan, New York University

Session 44: The Dynamics of Open Economies Under Exchange and Financial Frictions

Session Organizer: Martin Uribe, Duke University
Session Chair: George Alessandria, University of Pennsylvania
Date: June 18, 2004
Time: 9:00 - 10:30
 

Export Decisions and International Business Cycles
By George Alessandria and Horag Choi
   Presented by: George Alessandria, University of Pennsylvania
 

Dollarization Traps
By John Duffy, Maxim Nikitin, Todd Smith
   Presented by: Maxim Nikitin, University of Alberta

Session 45: Common Resources and Public Goods

Session Organizer: Roberto Serrano, Brown University
Session Chair: Matthew Turner, University of Toronto
Date: June 18, 2004
Time: 9:00 - 10:30
 

The road to extinction: commons with capital markets
By Jayasri Dutta and Colin Rowat
   Presented by: Colin Rowat, Department of Economics
 

An Efficiency Rationale for the Bundling of Public Goods
By Hanming Fang and Peter Norman
   Presented by: Hanming Fang, Yale University
 

Meetings with costly participation: An empirical
By Matthew tunrer and Quinn Weninger
   Presented by: Matthew Turner, University of Toronto

Session 46: (Potentially) Anti-Competitive Practices

Session Organizer: Jennifer Reinganum, Vanderbilt University
Session Chair: Gopal Das Varma, DUKE UNIVERSITY
Date: June 18, 2004
Time: 11:00 - 12:30
 

Media Mergers and the Ideological Content of Programming
By David J. Balan, Patrick DeGraba, and Abraham L. Wickelgren
   Presented by: Patrick DeGraba, FTC
 

Partial cross ownership and tacit collusion
By David Gilo and Yossi Spiegel
   Presented by: David Gilo, Tel Aviv University
 

Strategic Ex-ante Contracts: Rent-Extraction and Opportunity Costs
By Xinyu Hua
   Presented by: Xinyu Hua, Northwestern University

Session 47: Applications of Bootstrap Methods

Session Organizer: Pierre Perron, Boston University
Session Chair: Lutz Kilian, University of Michigan
Date: June 18, 2004
Time: 11:00 - 12:30
 

Potential Pitfalls in Determining Multiple Structural Changes with an Application to Purchasing Power Parity
By Ruxandra Prodan
   Presented by: Ruxandra Prodan, University of Houston
 

Unit Root Test in a Threshold Autoregression: Asymptotic Theory and Residual-based Block Bootstrap
By Myunghwan Seo
   Presented by: myunghwan seo, university of wisconsin, madison
 

Bootstrapping the HEGY Seasonal Unit Root Tests
By Peter Burridge and Robert Taylor
   Presented by: Robert Taylor, The University of Birmingham
 

Bagging Time Series Models
By Atsushi Inoue and Lutz Kilian
   Presented by: Lutz Kilian, University of Michigan

Session 48: Contingent Valuation and Flexible Functional Forms

Session Organizer: Tony Lancaster, Brown University
Session Chair: Maria Ana Odejar, University of Aberdeen
Date: June 18, 2004
Time: 11:00 - 12:30
 

Messy Data Modelling in Health Care Contingent Valuation Studies
By Maria Ana Odejar, Mandy Ryan, Cam Donaldson and Kostas Mavromaras
   Presented by: Maria Ana Odejar, University of Aberdeen
   Discussant: Jorge Arana, University of Las Palmas de Gran Canaria
 

Imposing Curvature and Monotonicity on Flexible Functional Forms: An Efficient Regional Approach
By Hendrik Wolff, Thomas Heckelei and Ron C. Mittelhammer
   Presented by: Hendrik Wolff, UC Berkeley
   Discussant: Maria Ana Odejar, University of Aberdeen
 

Baysian Flexible Mixture Distribution Modelling of Dichotomous Choice Contingent Valuation with Heterogeneity
By Jorge E. Arana, Carmelo J. Leon
   Presented by: Jorge Arana, University of Las Palmas de Gran Canaria
   Discussant: Hendrik Wolff, UC Berkeley

Session 49: Educational Choices and Their Outcomes

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Gregory Kurtzon, Bureau of Labor Statistics
Date: June 18, 2004
Time: 11:00 - 12:30
 

Strategic Competition Amongst Public Schools
By Daniel Millimet; Vasudha Rangaprasad
   Presented by: Daniel Millimet, Southern Methodist University
 

The Impact of Juvenile Interactions with the Justice System on Education Outcomes
By Randi Pintoff
   Presented by: Randi Pintoff, Yale University
 

Signaling and the Education Premium
By Gregory Kurtzon
   Presented by: Gregory Kurtzon, Bureau of Labor Statistics

Session 50: Growth Theory

Session Organizer: Peter Howitt, Brown University
Session Chair: Antoine Martin, Federal Reserve Bank of Kansas City
Date: June 18, 2004
Time: 11:00 - 12:30
 

Legal Patent Protection, Effective Patent Length, and Strategic R&D Delays
By X. Maggie Chen and Murat F. Iyigun
   Presented by: Maggie Chen, AEA
 

Endogenous Business Cycles with Consumption Externalities
By Xiaopeng Yin, and Zhi Li
   Presented by: Xiaopeng Yin, University of Windsor
 

Financial intermediaries, markets, and growth
By Falko Fecht, Kevin Huang, Antoine Martin
   Presented by: Antoine Martin, Federal Reserve Bank of Kansas City

Session 51: Implications of Asset Pricing Models

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Garland Durham, University of Iowa
Date: June 18, 2004
Time: 11:00 - 12:30
 

General Properties of Rational Stock-Market Fluctuations
By Antonio Mele
   Presented by: Antonio Mele, London School of Economics
 

Likelihood-based estimation and specification analysis of one- and two-factor SV models with leverage effects
By Garland Durham
   Presented by: Garland Durham, University of Iowa

Session 52: Auctions I

Session Organizer: Vijay Krishna, Penn State University
Session Chair: David McAdams, MIT
Date: June 18, 2004
Time: 11:00 - 12:30
 

Convergence of Nonlinear Pricing Mechanisms to Optimal Auction Mechanisms with Applications to Optimal Auctions for Heterogeneous Objects
By Eiichiro Kazumori
   Presented by: Eiichiro Kazumori, California Institute of Technology
 

Optimal Allocation Mechanisms When Bidders Ranking for the objects is common
By Juan Feng
   Presented by: Juan Feng, U of Florida
 

Monotone Equilibrium in Multi-Unit Auctions
By David McAdams
   Presented by: David McAdams, MIT

Session 53: Topics in Bounded Rationality and Time Inconsistency

Session Organizer: David Laibson, Harvard University
Session Chair: Yianis Sarafidis, INSEAD
Date: June 18, 2004
Time: 11:00 - 12:30
 

Choice Shifts in Groups
By Kfir Eliaz, Debraj Ray, Ronny Razin
   Presented by: Kfir Eliaz, New York University
 

Inter-temporal Price Discrimination with Time Inconsistent Consumers
By Yianis Sarafidis
   Presented by: Yianis Sarafidis, INSEAD

Session 54: General Equilibrium: Incomplete Markets, Observable Restrictions and Identification

Session Organizer: Herakles Polemarchakis, Brown University
Session Chair: Susan Snyder, Brown University
Date: June 18, 2004
Time: 11:00 - 12:30
 

Global identification from the equilibrium manifold under incomplete markets
By Andres Carvajal, Alvaro Riascos
   Presented by: Alvaro Riascos, Banco de la Republica
 

A Consistent Firm Objective When Markets are Incomplete: Profit Maximization
By Tarun Sabarwal
   Presented by: Tarun Sabarwal, University of Texas
 

Two New Proofs of Afriat's Theorem
By A. Fostel, H.E. Scarf and M.J. Todd
   Presented by: Ana Fostel, Yale University
 

Observable implications of Nash and subgame-perfect behavior in extensive games
By Indrajit Ray and Susan Snyder
   Presented by: Susan Snyder, Brown University

Session 55: Empirical Macroeconomics II

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Peter Hoerdahl, European Central Bank
Date: June 18, 2004
Time: 11:00 - 12:30
 

How Large Are Returns to Scale in the U.S.? A View Across the Boundary
By Thomas A. Lubik
   Presented by: Thomas Lubik, Johns Hopkins University
 

Does Consumption Respond More to Housing Wealth Than to Financial Market Wealth?
By N. Kundan Kishor
   Presented by: N. Kundan Kishor, University of Washington
 

A joint econometric model of macroeconomic and term structure dynamics
By Peter Hoerdahl, Oreste Tristani, David Vestin
   Presented by: Peter Hoerdahl, European Central Bank

Session 56: Walras-Bowley Lecture

Session Organizer: Rajiv Vohra, Brown University
Session Chair: Ariel Rubinstein, Tel Aviv University and New York University
Date: June 18, 2004
Time: 14:00 - 15:30
 

Competing in Capabilities
By John Sutton
   Presented by: John Sutton, LONDON SCHOOL OF ECONOMICS

Session 57: Dynamic Models in Industrial Organization

Session Organizer: Jennifer Reinganum, Vanderbilt University
Session Chair: Santanu Roy, Southern Methodist University
Date: June 19, 2004
Time: 9:00 - 10:30
 

Precautionary Bidding in a Dynamic Model of Discrete Noncooperative Entry Deterrence
By Gopal Das Varma
   Presented by: Gopal Das Varma, DUKE UNIVERSITY
 

Advertising Dynamics and Competitive Advantage
By Ulrich Doraszelski, Sarit Markovich
   Presented by: Sarit Markovich, public
 

Investment, Externalities & Industry Dynamics.
By Takashi Kamihigashi and Santanu Roy
   Presented by: Santanu Roy, Southern Methodist University

Session 58: Unit Root, Near Unit Root and Cointegration

Session Organizer: Pierre Perron, Boston University
Session Chair: werner ploberger, univ of rochester
Date: June 19, 2004
Time: 9:00 - 10:30
 

Fixed Bandwidth Asymptotics in Single Equation Models of Cointegration with an Application to Money Demand
By Helle Bunzel
   Presented by: Helle Bunzel, Iowa State University
 

Covariance-based orthogonality tests for regressors with unknown persistence
By Alex Maynard and Katsumi Shimotsu
   Presented by: Katsumi Shimotsu, Queen's University
 

Admissible and Nonadmissible Test in Unit-Root-like Situations
By Werner Ploberger
   Presented by: werner ploberger, univ of rochester

Session 59: Topics in Hypothesis Testing

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Dirk Hoorelbeke, K.U.Leuven
Date: June 19, 2004
Time: 9:00 - 10:30
 

Bootstrap correcting the score test
By Dirk Hoorelbeke
   Presented by: Dirk Hoorelbeke, K.U.Leuven
 

SMOOTH TEST OF DENSITY FORECAST EVALUATION WITH INDEPENDENT AND SERIALLY DEPENDENT DATA
By Anil K. Bera and Aurobindo Ghosh
   Presented by: Aurobindo Ghosh, Singapore Management University
 

Local rank tests in a multivariate nonparametric relationship
By Natercia Fortuna
   Presented by: Natercia Fortuna, University of Porto

Session 60: Implementation

Session Organizer: Ilya Segal, Stanford University
Session Chair: Roberto Serrano, Brown University
Date: June 19, 2004
Time: 9:00 - 10:30
 

Distributing Awards Efficiently: More on King Solomon's Problem
By Parimal Kanti Bag; Hamid Sabourian
   Presented by: Parimal Bag, Birkbeck College, Univ of London
 

Efficient Dissolution of Partnerships and the Structure of Control
By Emanuel Ornelas and John L. Turner
   Presented by: John Turner, University of Georgia
 

Mixed-Strategy Equilibrium Implementation
By Roberto Serrano and Rajiv Vohra
   Presented by: Roberto Serrano, Brown University

Session 61: Welfare Programs and Their Effects

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Tricia Gladden, University of Missouri-Columbia
Date: June 19, 2004
Time: 9:00 - 10:30
 

Examining the Relationship between the EITC and Food Stamp Program Participation Among Households with Children
By Kelly S. Mikelson and Robert I. Lerman
   Presented by: Kelly Mikelson, The Urban Institute
 

The Impacts of the Americans with Disabilities Act on the Entry and Exit of Retail Firms
By James E. Prieger
   Presented by: James Prieger, University of California
 

The Effects of Wealth, and Unemployment Benefits on Search Behavior and Labor Market Transitions
By Michelle Alexopoulos and Tricia Gladden
   Presented by: Tricia Gladden, University of Missouri-Columbia

Session 62: Trade and Labor Markets

Session Organizer: Pravin Krishna, Brown University
Session Chair: Udo Kreickemeier, University of Nottingham
Date: June 19, 2004
Time: 9:00 - 10:30
 

Trade in Intermediates and the Rise in Wage Inequality in the UK: A GNP Function Approach
By Alexander Hijzen
   Presented by: Alexander Hijzen, University of Nottingham
 

Trade and the (Dis)Incentive to Reform Labor Markets: The Case of Reform in the European Union
By George Alessandria - Alain Delacroix
   Presented by: Alain Delacroix, Purdue University
 

Efficiency Wages and Unemployment in a Global Economy
By Udo Kreickemeier
   Presented by: Udo Kreickemeier, University of Nottingham

Session 63: Financial Market Microstructure

Session Organizer: Darrell Duffie, Stanford University
Session Chair: Konstantin Tyurin, Indiana University
Date: June 19, 2004
Time: 9:00 - 10:30
 

High-Frequency Principal Components and Evolution of Liquidity in a Limit Order Market
By Konstantin Tyurin
   Presented by: Konstantin Tyurin, Indiana University
 

Who makes markets? The Role of Dealers and Liquidity Provision
By Joon Chae and Albert Wang
   Presented by: Joon Chae, SUNY - Buffalo
 

Testing and Modelling Market Microstructure Effects with an Application to the Dow Jones Industrial Average
By Basel Awartani, Valentina Corradi, Walter Distaso
   Presented by: Valentina Corradi, Queen Mary, University of London

Session 64: Growth Empirics

Session Organizer: Peter Howitt, Brown University
Session Chair: Peter Robertson, UNSW
Date: June 19, 2004
Time: 9:00 - 10:30
 

Endogenous Policy and Cross-Country Growth Empirics
By G? Rehme
   Presented by: GUNTHER REHME, TU DARMSTADT
 

Why does not capital frlow from rich to poor countries? An Empirical investigation
By Laura Alfaro, Sebnem Kalemli-Ozcan, Vadim Volosovyvh
   Presented by: Laura Alfaro, Harvard University
 

WWII and Long Run Convergence in the OECD
By John Landon-Lane and Peter E. Robertson
   Presented by: Peter Robertson, UNSW

Session 65: Repeated Games

Session Organizer: Roberto Serrano, Brown University
Session Chair: Daijiro Okada, Rutgers University
Date: June 19, 2004
Time: 9:00 - 10:30
 

Complexity and Efficiency in Repeated Games with Negotiation
By Jihong Lee and Hamid Sabourian
   Presented by: Jihong Lee, Birkbeck College, University of London
 

Growing Strategy Sets in Repeated Games
By Abraham Neyman and Daijiro Okada
   Presented by: Daijiro Okada, Rutgers University

Session 66: Law and Economics

Session Organizer: Jennifer Reinganum, Vanderbilt University
Session Chair: Jennifer Reinganum, Vanderbilt University
Date: June 19, 2004
Time: 11:00 - 12:30
 

Secrecy and Safety
By Andrew F. Daughety and Jennifer F. Reinganum
   Presented by: Andrew Daughety, Vanderbilt University
 

Punitive Damage Awards, Frivolous Lawsuits and Firm’s Level of Care
By Claudia M.Landeo and Maxim Nikitin
   Presented by: Maxim Nikitin, University of Alberta
 

On the Discretion of Adjudicators
By Steven Shavell
   Presented by: Steven Shavell, Harvard University

Session 67: Fiscal Policy

Session Organizer: Narayana Kocherlakota, Stanford University
Session Chair: Katsuya Takii, Osaka University
Date: June 19, 2004
Time: 11:00 - 12:30
 

Balanced Budget Rules and Aggregate Instability: The Role of Consumption Taxes
By Chryssi Giannitsarou
   Presented by: Chryssi Giannitsarou, Universidade Nova de Lisboa
 

Why Does Private Consumption Rise After a Government Spending Shock?
By Hafedh Bouakez and Nooman Rebei
   Presented by: HAFEDH BOUAKEZ, BANK OF CANADA
 

Real Business Cycles and Automatic Stabilizers
By Jang-Ting Guo and Sharon G. Harrison
   Presented by: Sharon Harrison, Barnard Collegue/Columbia University
 

Fiscal Policy and Entrepreneurship
By Katsuya Takii
   Presented by: Katsuya Takii, Osaka University

Session 68: Bayesian Methods for Time Series

Session Organizer: Tony Lancaster, Brown University
Session Chair: B. Hark Yoo, Rutgers Univ
Date: June 19, 2004
Time: 11:00 - 12:30
 

The Value of Structural Information in the VAR Model
By Rodney W. Strachan, Herman K. van Dijk
   Presented by: Rodney Strachan, University of Liverpool
   Discussant: Dhiman Das, City University of New York
 

Non-Markovian Regime Switching with Endogenous States and Time-Varying State Strengths
By Chib, Siddhartha; Dueker, Michael
   Presented by: Michael Dueker, Federal Reserve Bank of St. Louis
   Discussant: Rodney Strachan, University of Liverpool
 

A Bayesian MCMC Algorithm for Markov Switching GARCH models
By Dhiman Das, B.Hark Yoo
   Presented by: B. Hark Yoo, Rutgers Univ
   Discussant: Michael Dueker, Federal Reserve Bank of St. Louis

Session 69: Games with Incomplete Information

Session Organizer: Roger Myerson, University of Chicago
Session Chair: Roger Myerson, University of Chicago
Date: June 19, 2004
Time: 11:00 - 12:30
 

Competitive Equilibria and the Core of Exchange Economies under Asymmetric Information
By Geoffroy de Clippel
   Presented by: Geoffroy de Clippel, Brown University
 

Information Transmission in Coalitional Voting Games
By Roberto Serrano and Rajiv Vohra
   Presented by: Rajiv Vohra, Brown University
 

Virtual utility and the core for games with incomplete information
By Roger Myerson
   Presented by: Roger Myerson, University of Chicago

Session 70: Networks and Bargaining in Experiments

Session Organizer: Lise Vesterlund, University Pittsburgh
Session Chair: John Duffy, University of Pittsburgh
Date: June 19, 2004
Time: 11:00 - 12:30
 

Bargaining and Network Structure: An Experiment
By Gary Charness, Margarida Corominas-Bosch & Guillaume R. Frechette
   Presented by: Guillaume Frechette, Harvard University
 

Group Play in Games and the Role of Consent in Network Formation
By Gary Charness and Matthew Jackson
   Presented by: Gary Charness, University of California, Santa Barbara
 

An Experimental Study of Information in Bargaining
By Guillaume Frechette, Uri Gneezy and Muriel Niederle
   Presented by: Muriel Niederle, Stanford University
 

Belief Formation in Social Networks: a Large Field Experiment
By Markus Mobius and Tanya Rosenblat
   Presented by: Tanya Rosenblat, Wesleyan University

Session 71: Implications of Bias and Heterogeneity in Beliefs

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Ivana Komunjer, California Institute of Technology
Date: June 19, 2004
Time: 11:00 - 12:30
 

Cross Section Vs Time Series Measures of Uncertainty: Using UK Survey Data
By Ciaran Driver, Lorenzo Trapani, Giovanni Urga
   Presented by: Lorenzo Trapani, Cass Business School
 

Do Heterogeneous Beliefs Matter for Asset Pricing?
By Evan Anderson, Eric Ghysels, and Jennifer Juergens
   Presented by: Evan Anderson, University of North Carolina
 

Biases in Macroeconomic Forecasts: Irrationality or Asymmetric Loss?
By Graham Elliott, Ivana Komunjer and Allan Timmermann
   Presented by: Ivana Komunjer, California Institute of Technology

Session 72: Auctions II

Session Organizer: Vijay Krishna, Penn State University
Session Chair: Stanley Reynolds, University of Arizona
Date: June 19, 2004
Time: 11:00 - 12:30
 

Optimal search auctions
By Jacques Cremer, Yossef Spiegel, and Charles Zhoucheng Zheng
   Presented by: Charles Z. Zheng,
 

Auctions with a Buy Price
By Stanley S. Reynolds and John Wooders
   Presented by: Stanley Reynolds, University of Arizona

Session 73: Behavioral Economics I

Session Organizer: David Laibson, Harvard University
Session Chair: Jonathan Zinman, Federal Reserve Bank of New York
Date: June 19, 2004
Time: 11:00 - 12:30
 

Testing for Placebo Effects Using Data from Blinded, Randomized Controlled Trials
By Anup Malani
   Presented by: Anup Malani, University of Virginia
 

Consumer Time Inconsistency: Evidence from a market experiment in the credit card market
By Haiyan Shui, Lawrence M. Ausubel
   Presented by: haiyan shui, university of maryland
 

Competition and Consumer Confusion
By Xavier Gabaix and David Laibson
   Presented by: Xavier Gabaix, MIT
 

Pricing Psychology: Evidence from a Randomized Field Experiment in a Consumer Credit Market
By Marianne Bertrand, Dean Karlan, Sendhil Mullainathan Eldar Shafir, Jon Zinman
   Presented by: Jonathan Zinman, Federal Reserve Bank of New York

Session 74: Theory of Economic Policy

Session Organizer: Herakles Polemarchakis, Brown University
Session Chair: Sergio Turner, Yale Department of Economics
Date: June 19, 2004
Time: 11:00 - 12:30
 

Policy effectiveness
By Michael Mandler
   Presented by: Michael Mandler, Royal Holloway Coll., Univ. of London
 

Price Neutral Tax reform With an Informal Economy
By M. Shahe Emran and Joseph E. Stiglitz
   Presented by: M. Emran, George Washington University
 

Pareto Improving Taxation in Incomplete Markets
By Sergio Turner
   Presented by: Sergio Turner, Yale Department of Economics

Session 75: Changes in Regimes

Session Organizer: Pierre Perron, Boston University
Session Chair: Jonathan Hill, Florida International University
Date: June 19, 2004
Time: 14:00 - 15:30
 

Regime Switching for Dynamic Correlations
By Denis Pelletier
   Presented by: Denis Pelletier, North Carolina State University
 

Optimal test for Markov switching
By Marine Carrasco, Liang Hu, Werner Ploberger
   Presented by: Liang Hu, University of Rochester
 

Consistent LM-Tests for Linearity Against Compound Smooth Transition Alternatives
By Jonathan B. Hill
   Presented by: Jonathan Hill, Florida International University

Session 76: Topics in Empirical Industrial Organization

Session Organizer: Ignacio Palacios-Huerta, Brown University
Session Chair: George Hall, Yale University
Date: June 19, 2004
Time: 14:00 - 15:30
 

Does Price Matter? Price and Non-price Competition in the Airline Industry
By Philip G. Gayle
   Presented by: Philip Gayle, Kansas State University
 

Measuring Economies of Vertical Integration in Network
By Serge Garcia, Michel Moreaux and Arnaud Reynaud
   Presented by: Arnaud REYNAUD, INRA
 

Price Discrimination in the Steel Market
By Hui Man Chan, George Hall and John Rust
   Presented by: George Hall, Yale University
 

Product variety and competition in the retail market for eyeglasses
By Randal Watson
   Presented by: Randal Watson, University of Texas-Austin

Session 77: Advice

Session Organizer: Ilya Segal, Stanford University
Session Chair: Wei Li, University of California, Riverside
Date: June 19, 2004
Time: 14:00 - 15:30
 

Delegating Procurement to Experts
By Chifeng Dai and Tracy Lewis
   Presented by: Chifeng Dai, University of Florida
 

The Price of Advice
By Peter Eso and Balazs Szentes
   Presented by: Peter Eso, Northwestern Unviersity
 

A Model of Gossip
By Wei Li
   Presented by: Wei Li, University of California, Riverside

Session 78: Employment, Job Assignments, and Promotions

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Pablo Acosta, University of Illinois at Urbana-Champaign
Date: June 19, 2004
Time: 14:00 - 15:30
 

Job Design, Job Assignment and Learning in Organizations
By Kate Antonovics and Limor Golan
   Presented by: Limor Golan, Carnegie Mellon U.
 

Product Market Evidence on the Employment Effects of the Minimum Wage
By Dan Aaronson and Eric French
   Presented by: Eric French, Federal Reserve Bank of Chicago
 

Promotions, State Dependence and Intrafirm Job Mobility: Evidence From Personnel Records
By Pablo Acosta
   Presented by: Pablo Acosta, University of Illinois at Urbana-Champaign

Session 79: Topics in International Trade

Session Organizer: Pravin Krishna, Brown University
Session Chair: Patricia Tovar, University of Maryland
Date: June 19, 2004
Time: 14:00 - 15:30
 

Antidumping Policy Under Imperfect Competition: Theory and Evidence
By Meredith A. Crowley
   Presented by: Meredith Crowley, Federal Reserve Bank of Chicago
 

Who Bears the Cost of a Change in the Exchange Rate?
By Rebecca Hellerstein
   Presented by: Rebecca Hellerstein, Federal Reserve Bank of New York
 

Loss Aversion and the Anti-Trade Bias in Trade Policy
By Patricia Tovar
   Presented by: Patricia Tovar, University of Maryland

Session 80: Monetary Policy I

Session Organizer: Peter Howitt, Brown University
Session Chair: Andrea Tambalotti, Federal Reserve Bank of New York
Date: June 19, 2004
Time: 14:00 - 15:30
 

IS MODERATE-TO-HIGH INFLATION INHERENTLY UNSTABLE?
By Michael Kiley
   Presented by: Michael Kiley, Federal Reserve Board
 

An Investigation of the Gains from Commitment in Monetary Policy
By Ernst Schaumburg and Andrea Tambalotti
   Presented by: Andrea Tambalotti, Federal Reserve Bank of New York

Session 81: Questions on Identity, Race and Culture

Session Organizer: J. Henderson, Brown University
Session Chair: Chih Ming Tan, University of Wisconsin-Madison
Date: June 19, 2004
Time: 14:00 - 15:30
 

Was the Late 19th Century a Golden Age of Racial Integration?
By David M. Frankel
   Presented by: David Frankel, Iowa State University
 

On the determinants of living arrangements in Western Europe: Does Cultural Origin Matter?
By Paola Giuliano
   Presented by: paola giuliano, international monetary fund
 

Measuring Segregation
By David Frankel and Oscar Volij
   Presented by: David Frankel, Iowa State University
 

Understanding preferences for income redistribution
By Louise C. Keely and Chih Ming Tan
   Presented by: Chih Ming Tan, University of Wisconsin-Madison

Session 82: Bargaining

Session Organizer: Roberto Serrano, Brown University
Session Chair: Francis Bloch, GREQAM
Date: June 19, 2004
Time: 14:00 - 15:30
 

The Ordinal Egalitarian Solution for Finite Choice Sets
By John P. Conley and Simon Wilkie
   Presented by: John Conley, Vanderbilt University
 

Bargaining with History Dependent Preferences
By Duozhe Li
   Presented by: Duozhe Li, Boston University
 

The Formation of Networks with Side Payments
By Francis Bloch, Matt Jackson
   Presented by: Francis Bloch, GREQAM

Session 83: Contracts and Information in General Equilibrium

Session Organizer: Herakles Polemarchakis, Brown University
Session Chair: Marcos Tsuchida, Fundao Getulio Vargas
Date: June 19, 2004
Time: 14:00 - 15:30
 

Liquidity, Default and Crashes: Endogenous Contracts in General Equilibrium
By John Geanakoplos
   Presented by: John Geanakoplos, Yale University
 

The value of information with heterogeneous agents and partially revealing prices
By Juan Hatchondo
   Presented by: Juan Hatchondo, University of Rochester
 

The trade-off between incentives and endogenous risk
By Aloisio Araujo, Humberto Moreira, Marcos H. Tsuchida
   Presented by: Marcos Tsuchida, Fundao Getulio Vargas

Session 84: Presidential Address (A. Rubinstein) and Presentation of the Frisch Medal Award (J. Eaton and S. Kortum)

Session Organizer: Rajiv Vohra, Brown University
Session Chair: Roberto Serrano, Brown University
Date: June 19, 2004
Time: 16:00 - 17:30
 

Dilemmas of an Economic Theorist
By Ariel Rubinstein
   Presented by: Ariel Rubinstein, Tel Aviv University and New York University

Session 85: Topics in Theoretical Industrial Organization

Session Organizer: Jennifer Reinganum, Vanderbilt University
Session Chair: Andrew Daughety, Vanderbilt University
Date: June 20, 2004
Time: 9:00 - 10:30
 

A Location Model with Preference for Variety
By Hyunho Kim and Konstantinos Serfes
   Presented by: Konstantinos Serfes, SUNY at Stony Brook
 

Returnable Goods: Refunds and Information Acquisition
By Steven A. Matthews and Nicola Persico
   Presented by: Steve Matthews, University of Pennsylvania

Session 86: Topics in Time Series

Session Organizer: Pierre Perron, Boston University
Session Chair: Robert de Jong, Ohio State University
Date: June 20, 2004
Time: 9:00 - 10:30
 

Nonlinearity, Nonstationarity, and Thick Tails: How They Interact to Generate Persistency in Memory
By J. Isaac Miller and Joon Y. Park
   Presented by: James Miller, Rice University
 

Wavelet transform for regression estimation of non-stationary fractional time series
By Jin Lee
   Presented by: Jin Lee, National Univ. of Singapore
 

Dynamic time series binary choice
By Robert M. de Jong and Tiemen Woutersen
   Presented by: Robert de Jong, Ohio State University

Session 87: Human Capital and Educational Attainments

Session Organizer: Moshe Buchinsky, UCLA
Session Chair: Alexander Whalley, University of Maryland
Date: June 20, 2004
Time: 9:00 - 10:30
 

Better Husbands or Better Jobs: The Dynamics of Women’s College Attendance Decisions
By Suqin Ge
   Presented by: Suqin Ge, University of Minnesota
 

A Dynamic Structural Model of Labor Supply and Educational Attainment
By Wayne-Roy Gayle
   Presented by: Wayne-Roy Gayle, University of Pittsburgh
 

Black-White Differences in the Value of Human Capital
By Alexander Whalley
   Presented by: Alexander Whalley, University of Maryland

Session 88: Monetary and Fiscal Policy in Emerging Markets

Session Organizer: Pravin Krishna, Brown University
Session Chair: Marcelo Oviedo, Iowa State University
Date: June 20, 2004
Time: 9:00 - 10:30
 

Optimal Monetary Policy under Asset Market Segmentation
By Amartya Lahiri, Carlos Vegh and Rajesh Singh
   Presented by: Rajesh singh, iowa state university
 

Monetary Rules for Emerging Market Economies
By Alessandro Rebucci
   Presented by: Alessandro Rebucci, I.M.F.
 

Public Debt, Fiscal Solvency, and Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer
By Enrique Mendoza and P. Marcelo Oviedo
   Presented by: Marcelo Oviedo, Iowa State University

Session 89: Monetary Policy II

Session Organizer: Peter Howitt, Brown University
Session Chair: Neville Francis, Lehigh University and UC Irvine
Date: June 20, 2004
Time: 9:00 - 10:30
 

The Yield Curve, Recession and the Credibility of the Monetary Regime: long run evidence 1875-1997
By Michael Bordo, Joseph Haubrich
   Presented by: Joseph Haubrich, Federal Reserve Bank
 

Monetary and Fiscal Policy Switching
By Troy Davig, Eric Leeper and Hess Chung
   Presented by: Troy Davig, College of William and Mary
 

What Explains the Varying Monetary Response to Technology SHocks in G7-Countries
By Neville R. Francis, Michael T. Owyang and Athena T. Theodorou
   Presented by: Neville Francis, Lehigh University and UC Irvine

Session 90: Econometric Methodology

Session Organizer: Lars Hansen, UNIV OF CHICAGO
Session Chair: Whitney Newey, MIT
Date: June 20, 2004
Time: 9:00 - 10:30
 

Saturation spaces for regularization methods in inverse problems
By Jean-Michel Loubes and Anne Vanhems
   Presented by: anne vanhems, ESC Toulouse
 

Testing Models with Multiple Equilibria by Quantile Methods
By Federico Echenique and Ivana Komunjer
   Presented by: Ivana Komunjer, California Institute of Technology
 

Identification and Estimation of Triangular Simultaneous Equations Models without Additivity
By Guido Imbens and Whitney Newey
   Presented by: Whitney Newey, MIT

Session 91: Topics in Urban Economics and Spatial Econometrics

Session Organizer: J. Henderson, Brown University
Session Chair: Giorgio Topa, NYU
Date: June 20, 2004
Time: 9:00 - 10:30
 

A Direct Test of the Lang and Nakamura Hypothesis of Information Externalities over Space
By AKM Rezaul Hossain and Stephen Ross
   Presented by: AKM Hossain, University of Connecticut
 

Is There a "Race-to-the-Bottom" in the Setting of Welfare Benefit Levels? Evidence from a Policy Intervention
By Matz Dahlberg and Karin Edmark
   Presented by: Matz Dahlberg, Uppsala University
 

Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes
By Patrick Bayer, Stephen L. Ross, Giorgio Topa
   Presented by: Giorgio Topa, NYU

Session 92: Auctions III

Session Organizer: Ignacio Palacios-Huerta, Brown University
Session Chair: Sudip Gupta, University of Wisconsin
Date: June 20, 2004
Time: 9:00 - 10:30
 

Optimal auctions with ambiguity
By Subir Bose, Emre Ozdenoren and Andreas Pape
   Presented by: Andreas Pape, University of Michigan
 

Endogenous Asymmetry in Auctions
By Sudip Gupta
   Presented by: Sudip Gupta, University of Wisconsin

Session 93: Coalitional Stability and the Core

Session Organizer: Roberto Serrano, Brown University
Session Chair: Parkash Chander, National University of Singapore
Date: June 20, 2004
Time: 9:00 - 10:30
 

Credible Group Stability in Multi-Partner Matching Problems
By Hideo Konishi, Utku Unver
   Presented by: Hideo Konishi, Boston College
 

Simple Priorities and Core Stability in Hedonic Games
By Dinko Dimitrov, Peter Borm, Ruud Hendrickx, Shao Chin Sung
   Presented by: Dinko Dimitrov, Tilburg University
 

The Gamma-Core and Coalition Formation
By Parkash Chander
   Presented by: Parkash Chander, National University of Singapore

Session 94: Firms in the Macroeconomy

Session Organizer: Narayana Kocherlakota, Stanford University
Session Chair: Xavier Gabaix, MIT
Date: June 20, 2004
Time: 11:00 - 12:30
 

Evaluating the Magnitude of Financial Market Frictions: Evidence from Firm-Level Data
By Andrew Levin, Fabio Natalucci, Egon Zakrajsek
   Presented by: Fabio Natalucci, Federal Reserve Board
 

Chain Reactions, Trade Credit and the Business Cycle
By Miguel Cardoso-Lecourtois
   Presented by: Miguel Cardoso-Lecourtois, Universidad Carlos III de Madrid
 

Power laws and the origins of aggregate fluctuations
By Xavier Gabaix
   Presented by: Xavier Gabaix, MIT

Session 95: IV Estimation

Session Organizer: Jinyong Hahn, UCLA
Session Chair: Mehmet Caner, university of pittsburgh
Date: June 20, 2004
Time: 11:00 - 12:30
 

Testing, Estimation and Higher Order Expansions in GMM with Semi-Weak Instruments
By Mehmet Caner
   Presented by: Mehmet Caner, university of pittsburgh
 

Simulation-Based Finite-Sample Inference in Simultaneous Equations
By Jean-Marie Dufour and Lynda Khalaf
   Presented by: Lynda Khalaf, Universite Laval
 

Expansions of GMM statistics that indicate their properties under weak and/or many instruments and the bootstrap
By Frank Kleibergen
   Presented by: FRANK KLEIBERGEN, Brown University
 

Quasi Empirical Likelihood Estimation of Moment Condition Models
By Shane M. Sherlund
   Presented by: Shane Sherlund, Federal Reserve Board

Session 96: Patents, Market Selection and Consumer Credit

Session Organizer: Andrew Foster, Brown University
Session Chair: Jonathan Zinman, Federal Reserve Bank of New York
Date: June 20, 2004
Time: 11:00 - 12:30
 

A Dynamic Stochastic Ananlysis of International Patent Application and Renewal Processes
By Yi Deng
   Presented by: Yi Deng, Southern Methodist University
 

Identifying Information Asymmetries: New Methods and Evidence from a Randomized Field Experiment
By Dean Karlan, Jonathan Zinman
   Presented by: Jonathan Zinman, Federal Reserve Bank of New York

Session 97: Network Effects

Session Organizer: Ilya Segal, Stanford University
Session Chair: Gergely Csorba, Central European University
Date: June 20, 2004
Time: 11:00 - 12:30
 

Internet Exchange Formation and Competition When Potential Participants Can Coodinate
By Hideo Owan and Jack A. Nickerson
   Presented by: Hideo Owan,
 

Screening Contracts in the Presence of Positive Network Effects
By Gergely Csorba
   Presented by: Gergely Csorba, Central European University
 

Price screening with network effects and entry deterrence
By Arun Sundararajan
   Presented by: Arun Sundararajan, New York University

Session 98: Coordination and Conventions in Experiments

Session Organizer: Lise Vesterlund, University Pittsburgh
Session Chair: Pushkar Maitra, Monash University
Date: June 20, 2004
Time: 11:00 - 12:30
 

Dynamic Analysis of the Evolution of Conventions in a Public Goods Experiment with Intergenerational Advice
By Ananish Chaudhuri, Pushkar Maitra, Sara Graziano
   Presented by: Pushkar Maitra, Monash University
 

Split-Award Tort Reform and Settlement Outcomes: An Experimental Investigation
By Linda Babcock, Claudia M. Landeo and Maxim Nikitin
   Presented by: Claudia Landeo, University of Alberta
 

Organizational Learning: An Experimental Study
By Andreas Blume, John Duffy, and April Franco
   Presented by: John Duffy, University of Pittsburgh
 

On the Adjudication of Conflicting Claims: An Experimental Study
By Herrero, C., Moreno-Ternero, J.D., Ponti G.
   Presented by: Juan D. Moreno-Ternero, Yale University

Session 99: Learning and Monetary Dynamics

Session Organizer: Peter Howitt, Brown University
Session Chair: Sergio Santoro, Universitat Pompeu Fabra
Date: June 20, 2004
Time: 11:00 - 12:30
 

Monetary Policy and the Transition to Rational Expectations
By Giuseppe Ferrero
   Presented by: Giuseppe Ferrero, Bank of Italy / Universitat Pompeu Fabra
 

Persistence in Monetary Policy Models: Indexation, Habits and Learning with Long-Horizon Expectations
By Fabio Milani
   Presented by: Fabio Milani, Princeton University
 

Adaptive Learning and Inflation Dynamics in a Flexible Price Model
By Sergio Santoro
   Presented by: Sergio Santoro, Universitat Pompeu Fabra

Session 100: Optimal Monetary Policy For The Open Economy

Session Organizer: Martin Uribe, Duke University
Session Chair: David Arseneau, Federal Reserve Board
Date: June 20, 2004
Time: 11:00 - 12:30
 

Optimal Inflation in an Open Economy
By David M. Arseneau
   Presented by: David Arseneau, Federal Reserve Board
 

Optimal Taylor Rules in an Estimated Model of a Small Open Economy
By Steven Ambler, Ali Dib, and Nooman Rebei
   Presented by: Nooman Rebei, Bank of Canada
 

The Friedman Rule in a Two Sector Small Open Economy
By Alexandre Cunha
   Presented by: Alexandre Cunha, Ibmec Business School at Rio de Janeiro

Session 101: Behavioral Economics II

Session Organizer: David Laibson, Harvard University
Session Chair: Wesley Yin, Princeton University
Date: June 20, 2004
Time: 11:00 - 12:30
 

Implications of Quasi-Geometric Discounting on the Observable Sharpe Ratio
By Wooheon Rhee and Tack Yun
   Presented by: Wooheon Rhee, Kyunghee University
 

Do individual investors learn from their trading experience
By Gina Nicolosi, Liang Peng, Ning Zhu
   Presented by: Liang Peng, University of Cincinnati
 

Getting Odysseus to Save: Evidence from a Commitment Savings Product in the Philippines
By Nava Ashraf, Dean Karlan and Wesley Yin
   Presented by: Wesley Yin, Princeton University

Session 102: Electoral Politics

Session Organizer: Ignacio Palacios-Huerta, Brown University
Session Chair: Brian Knight, Brown University
Date: June 20, 2004
Time: 11:00 - 12:30
 

A Median Voter Theorem for Postelection Politics
By Dhammika Dharmapala and Etienne Lehmann
   Presented by: Dhammika Dharmapala, University of Connecticut
 

The Pivotal Voter Model: Evidence from Texas Liquor Referenda
By Stephen Coate, Michael Conlin, and Andrea Moro
   Presented by: Andrea Moro, University of Minnesota
 

Attack Politics
By Brian Knight and Ignacio Palacios-Huerta
   Presented by: Brian Knight, Brown University