2008 North American Summer Meeting of the Econometric Society |
|---|
Summary of All Sessions |
| # | Date/Time | Location | Title | Papers |
|---|---|---|---|---|
| 1 | June 19, 2008 13:30-15:00 | Rachel Mellon Walton | International Dimensions of Development | 3 |
| 2 | June 19, 2008 13:30-15:00 | Mellon Auditorium | Competition and Firm Survival in Differentiated Product Markets | 3 |
| 3 | June 19, 2008 13:30-15:00 | Simon Auditorium | Long Run Risks | 4 |
| 4 | June 19, 2008 13:30-15:00 | Room 145 | Matching Mechanisms | 4 |
| 5 | June 19, 2008 13:30-15:00 | Room 152 | Gender and Economic Outcomes | 3 |
| 6 | June 19, 2008 13:30-15:00 | Posner 388 | Experimental Studies of Reputation Formation | 3 |
| 7 | June 19, 2008 13:30-15:00 | Grand Room | Banks and Multiple Monies | 4 |
| 8 | June 19, 2008 13:30-15:00 | Room 153 | Unemployment Fluctuations | 4 |
| 9 | June 19, 2008 13:30-15:00 | Room 146 | Testing | 3 |
| 10 | June 19, 2008 13:30-15:00 | Cooper Auditorium | Structural Estimation in Corporate Finance | 4 |
| 11 | June 19, 2008 15:30-17:00 | Room 145 | Auctions and Resale Markets | 4 |
| 12 | June 19, 2008 15:30-17:00 | Grand Room | International Capital Flows | 4 |
| 13 | June 19, 2008 15:30-17:00 | Mellon Auditorium | Social Insurance and Risk | 4 |
| 14 | June 19, 2008 15:30-17:00 | Room 152 | Political Economy | 4 |
| 15 | June 19, 2008 15:30-17:00 | Simon Auditorium | Emirical Term Structure Models | 4 |
| 16 | June 19, 2008 15:30-17:00 | Cooper Auditorium | Valuation Dynamics and Governance | 3 |
| 17 | June 19, 2008 15:30-17:00 | Rachel Mellon Walton | Issues in Education | 3 |
| 18 | June 19, 2008 15:30-17:00 | Room 146 | Estimation and Inference in Models of Treatment Effects | 3 |
| 19 | June 19, 2008 15:30-17:00 | Room 153 | Crime and Immigration | 3 |
| 20 | June 19, 2008 15:30-17:00 | Posner I | Experimental Evidence on Market Dynamics | 3 |
| 21 | June 19, 2008 15:30-17:00 | Posner II | Financial Markets | 4 |
| 22 | June 19, 2008 17:15-18:15 | McConomy Auditorium | Walras-Bowley Lecture | 1 |
| 23 | June 20, 2008 9:00-10:30 | Cooper Auditorium | International Aspects of Business Cycles | 4 |
| 24 | June 20, 2008 9:00-10:30 | Room 152 | Bounded Rationality | 4 |
| 25 | June 20, 2008 9:00-10:30 | Posner II | Political Institutions | 3 |
| 26 | June 20, 2008 9:00-10:30 | Room 145 | Nonlinear Econometrics | 3 |
| 27 | June 20, 2008 9:00-10:30 | Mellon Auditorium | Uncertainty and Asset Pricing | 4 |
| 28 | June 20, 2008 9:00-10:30 | Room 153 | Identification | 4 |
| 29 | June 20, 2008 9:00-10:30 | Simon Auditorium | Growth, Valuation, and Real Assets | 3 |
| 30 | June 20, 2008 9:00-10:30 | Room 146 | Game Theory Experiments | 4 |
| 31 | June 20, 2008 9:00-10:30 | Rachel Mellon Walton | Special Types of Markets | 3 |
| 32 | June 20, 2008 9:00-10:30 | Grand Room | Policy Evaluations: Marriage, health, microcredit, and education | 3 |
| 33 | June 20, 2008 9:00-10:30 | Posner I | Institutions and Growth | 4 |
| 34 | June 20, 2008 11:00-12:00 | Mellon Auditorium | Plenary II: Monetary Policy and Financial Markets | 2 |
| 35 | June 20, 2008 11:00-12:00 | Room 152 | Plenary I: Neureconomics | 2 |
| 36 | June 20, 2008 13:30-15:00 | Cooper Auditorium | Issues in Monetary Policy Design | 3 |
| 37 | June 20, 2008 13:30-15:00 | Room 145 | Technology, Productivity and Growth | 4 |
| 38 | June 20, 2008 13:30-15:00 | Posner II | Contracts 1 | 4 |
| 39 | June 20, 2008 13:30-15:00 | Room 146 | Experimental Studies of Auctions and Contracts | 3 |
| 40 | June 20, 2008 13:30-15:00 | Grand Room | Frontiers of Computational Methods | 4 |
| 41 | June 20, 2008 13:30-15:00 | Mellon Auditorium | Asset Pricing II | 3 |
| 42 | June 20, 2008 13:30-15:00 | Cooper Auditorium | Financial Markets and Macroeconomic Performance | 3 |
| 43 | June 20, 2008 13:30-15:00 | Posner I | Quantitative Macro Models | 3 |
| 44 | June 20, 2008 13:30-15:00 | Room 153 | Empirical Asset Pricing | 4 |
| 45 | June 20, 2008 13:30-15:00 | Room 152 | Auctions and Trading Mechanisms | 3 |
| 46 | June 20, 2008 15:30-17:00 | Room 152 | Evolution and Learning | 4 |
| 47 | June 20, 2008 15:30-17:00 | Room 151 | Further development in asymptotic theory | 4 |
| 48 | June 20, 2008 15:30-17:00 | Rachel Mellon Walton | Structural Estimation of Dynamic Models | 4 |
| 49 | June 20, 2008 15:30-17:00 | Room 153 | Text Based Information in Finance | 4 |
| 50 | June 20, 2008 15:30-17:00 | Room 146 | Self-Control and Mental Accounting | 3 |
| 51 | June 20, 2008 15:30-17:00 | Room 145 | Population Dynamics and Growth | 3 |
| 52 | June 20, 2008 15:30-17:00 | Cooper Auditorium | Default and Credit Risk | 4 |
| 53 | June 20, 2008 15:30-17:00 | Posner II | Contracts 4 | 3 |
| 54 | June 20, 2008 15:30-17:00 | Simon Auditorium | Monetary Economics: Model Specification-I | 3 |
| 55 | June 20, 2008 15:30-17:00 | Posner I | Political Economy of Elections | 3 |
| 56 | June 20, 2008 15:30-17:00 | Mellon Auditorium | Information and Asset Pricing | 4 |
| 57 | June 20, 2008 17:15-18:15 | McConomy Auditorium | Allan H. Meltzer Lecture | 1 |
| 58 | June 21, 2008 9:00-10:30 | Room 152 | Bayesian Methodology | 3 |
| 59 | June 21, 2008 9:00-10:30 | Mellon Auditorium | Monetary Economics: Expectations and Learning | 3 |
| 60 | June 21, 2008 9:00-10:30 | Cooper Auditorium | Exchange rates | 4 |
| 61 | June 21, 2008 9:00-10:30 | Posner II | R&D and Intellectual Property | 3 |
| 62 | June 21, 2008 9:00-10:30 | Grand Room | Innovation in the Analysis of Durable Goods and Investment | 4 |
| 63 | June 21, 2008 9:00-10:30 | Room 145 | Political Dynamics | 4 |
| 64 | June 21, 2008 9:00-10:30 | Posner I | Contracts 3 | 3 |
| 65 | June 21, 2008 9:00-10:30 | Simon Auditorium | Decision Theory I | 3 |
| 66 | June 21, 2008 9:00-10:30 | Rachel Mellon Walton | Communication | 4 |
| 67 | June 21, 2008 9:00-10:30 | Room 343 | Investments and Frictions | 3 |
| 68 | June 21, 2008 9:00-10:30 | Room 151 | Labor Market Search and Matching | 3 |
| 69 | June 21, 2008 9:00-10:30 | Room 146 | Monetary Policy | 4 |
| 70 | June 21, 2008 9:00-10:30 | Room 153 | Dynamic Problems in Public Finance | 3 |
| 71 | June 21, 2008 11:00-12:00 | Mellon Auditorium | Plenary IV: Dynamic Public Finance | 2 |
| 72 | June 21, 2008 11:00-12:00 | Room 152 | Plenary III: Economics of Health Care | 2 |
| 73 | June 21, 2008 13:30-15:00 | Posner II | Market Structure | 3 |
| 74 | June 21, 2008 13:30-15:00 | Cooper Auditorium | International Capital Market Frictions | 3 |
| 75 | June 21, 2008 13:30-15:00 | Grand Room | Preferences, Hedonics and Choice | 4 |
| 76 | June 21, 2008 13:30-15:00 | Room 343 | Credit and Bankrupcy | 4 |
| 77 | June 21, 2008 13:30-15:00 | Rachel Mellon Walton | International Trade with Heterogeneous Firms | 3 |
| 78 | June 21, 2008 13:30-15:00 | Mellon Auditorium | Macro Time Series | 4 |
| 79 | June 21, 2008 13:30-15:00 | Room 145 | Dynamic General Equilibrium Theory I | 4 |
| 80 | June 21, 2008 13:30-15:00 | Room 146 | Random Matching and Search Models | 4 |
| 81 | June 21, 2008 13:30-15:00 | Room 153 | Public Finance with Incomplete Information | 3 |
| 82 | June 21, 2008 13:30-15:00 | Room 151 | Wage Studies | 3 |
| 83 | June 21, 2008 13:30-15:00 | Posner I | Contracts 2 | 4 |
| 84 | June 21, 2008 13:30-15:00 | Simon Auditorium | Decision Theory II | 3 |
| 85 | June 21, 2008 13:30-15:00 | Room 152 | Bayesian Applications | 3 |
| 86 | June 21, 2008 15:30-17:00 | Room 151 | Decision-Making under Uncertainty: Portfolio Choice, Real Estate Investment, and Journal Submissions | 4 |
| 87 | June 21, 2008 15:30-17:00 | Simon Auditorium | Decision Theory III | 3 |
| 88 | June 21, 2008 15:30-17:00 | Room 146 | Labor Market Dynamics | 4 |
| 89 | June 21, 2008 15:30-17:00 | Grand Room | The Roles of Ability, Location and Measurement Error as Determinants of Labor Market Outcomes | 4 |
| 90 | June 21, 2008 15:30-17:00 | Room 153 | Frontiers in Mechanism Design | 4 |
| 91 | June 21, 2008 15:30-17:00 | Mellon Auditorium | Optimal Monetary Policy | 4 |
| 92 | June 21, 2008 15:30-17:00 | Posner II | Interconnection and Licensing | 3 |
| 93 | June 21, 2008 15:30-17:00 | Room 152 | Time Series 2 | 3 |
| 94 | June 21, 2008 15:30-17:00 | Posner I | Issues in PreK-12 Education | 3 |
| 95 | June 21, 2008 15:30-17:00 | Room 343 | Housing, Prices, and Investments | 3 |
| 96 | June 21, 2008 15:30-17:00 | Cooper Auditorium | International Debt and Default | 3 |
| 97 | June 21, 2008 15:30-17:00 | Rachel Mellon Walton | Trade and Political Economy | 4 |
| 98 | June 21, 2008 15:30-17:00 | Room 145 | Dynamic General Equilibrium Theory II | 3 |
| 99 | June 21, 2008 17:15-18:15 | McConomy Auditorium | Presidential Address | 1 |
| 100 | June 22, 2008 9:00-10:30 | Room 343 | Investment, Technology and the Demand for Factor Inputs | 4 |
| 101 | June 22, 2008 9:00-10:30 | Cooper Auditorium | Health, Saving and Insurance Decision Making | 3 |
| 102 | June 22, 2008 9:00-10:30 | Posner I | Empirical Public Economics | 3 |
| 103 | June 22, 2008 9:00-10:30 | Room 151 | Time Series 3 | 3 |
| 104 | June 22, 2008 9:00-10:30 | Posner II | Macroeconomics | 4 |
| 105 | June 22, 2008 9:00-10:30 | Simon Auditorium | Game Theory and Market Dynamics | 4 |
| 106 | June 22, 2008 9:00-10:30 | Room 145 | Trade Liberalization, Inequality and Welfare | 4 |
| 107 | June 22, 2008 9:00-10:30 | Room 152 | Contracting | 3 |
| 108 | June 22, 2008 9:00-10:30 | Mellon Auditorium | Monetary Economics: Model Specification-2 | 4 |
| 109 | June 22, 2008 9:00-10:30 | Room 153 | Risk and Credit | 4 |
| 110 | June 22, 2008 11:00-12:30 | Room 151 | Time Series 4 | 3 |
| 111 | June 22, 2008 11:00-12:30 | Cooper Auditorium | New Directions in Mechanism Design | 3 |
| 112 | June 22, 2008 11:00-12:30 | Room 145 | Empirical International Trade | 4 |
| 113 | June 22, 2008 11:00-12:30 | Room 153 | Household Risk and Consumption | 3 |
| 114 | June 22, 2008 11:00-12:30 | Simon Auditorium | Social Networks | 3 |
| 115 | June 22, 2008 11:00-12:30 | Room 343 | Estimating Dynamic Models with Panel Data | 4 |
| 116 | June 22, 2008 11:00-12:30 | Posner II | Female Labor Supply and Fertility | 4 |
116 sessions, 391 papers |
|---|
2008 North American Summer Meeting of the Econometric Society |
|---|
Complete List of All Sessions |
Session 1: International Dimensions of Development |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Rachel Mellon Walton |
| International R&D Spillovers Through FDI and Productivity Growth |
| [slides] |
| By Philip Bodman, University of Queensland, Australia Thanh Le, University of Queensland, Australia |
| Presented by: Thanh Le, University of Queensland, Australia |
| Endogenous Policies and Foreign Direct Investment In Developing Countries: Theory and Evidence From China and India |
| [slides] |
| By Yong Wang Department of Economics University of Chicago |
| Presented by: Yong Wang, University of Chicago |
| Stock Market Liberalization: A Microeconomic Perspective from Ecuador |
| By Katya Kartashova University of Minnesota |
| Presented by: Katya Kartashova, University of Minnesota |
Session 2: Competition and Firm Survival in Differentiated Product Markets |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Mellon Auditorium |
| Measuring the Welfare Effect of Entry in Differentiated Product Markets: The Case of Medicare HMOs |
| [slides] |
| By Shiko Maruyama, University of New South Wales |
| Presented by: Shiko Maruyama, University of New South Wales |
| Product Innovation and Firm Survival in a Network Industry |
| [slides] |
| By Fumiko Hayashi, Federal Reserve Bank of Kansas City Zhu Wang, Federal Reserve Bank of Kansas City |
| Presented by: Fumiko Hayashi, Federal Reserve Bank of Kansas City |
| Measuring the Informative and Persuasive Roles of Detailing on Prescribing Decisions |
| [slides] |
| By Andrew Ching, Rotman School of Management, University of Toronto Masakazu Ishihara, Rotman School of Management, University of Toronto |
| Presented by: Masakazu Ishihara, University of Toronto |
Session 3: Long Run Risks |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Simon Auditorium |
| An Estimation of Economic Models with Recursive Preferences |
| [slides] |
| By Xiaohong Chen, Yale Jack Favilukis, LSE Sydney C. Ludvigson, NYU and NBER |
| Presented by: Sydney Ludvigson, New York University |
| The Long and the Short of Asset Prices: Using Long Run Consumption-Return Correlations to Test Asset Pricing Models |
| [slides] |
| By Jianfeng Yu, University of Pennsylvania |
| Presented by: Jianfeng Yu, University of Pennsylvania |
| Long Run Risks in the Term Structure of Interest Rates : Estimation |
| [slides] |
| By Taeyoung Doh (Federal Reserve Bank of Kansas City) |
| Presented by: Taeyoung Doh, Economic Research Dept. |
| Incomplete Information In a Long Run Risks Model of Asset Pricing |
| [slides] |
| By Prasad V. Bidarkota, Florida International University |
| Presented by: Prasad Bidarkota, Florida International University |
Session 4: Matching Mechanisms |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 145 |
| Why do popular mechanisms lack efficiency in random environments? |
| By Onur Kesten |
| Presented by: Onur Kesten, Carnegie Mellon University |
| Strategy-Proofness of the Probabilistic Serial Mechanism in Large Random Assignment Problems |
| By Fuhito Kojima, Harvard University Mihai Manea, Harvard University |
| Presented by: Fuhito Kojima, Harvard University |
| A Theory of House Allocation and Exchange Mechanisms |
| [slides] |
| By Marek Pycia, Penn State University M. Utku Unver, University of Pittsburgh |
| Presented by: Utku Unver, University of Pittsburgh |
| Signaling in Matching Markets |
| By Peter Coles, Harvard University Muriel Niederle, Stanford University |
| Presented by: Peter Coles, Harvard Business School |
Session 5: Gender and Economic Outcomes |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 152 |
| Son Preference, Sex Selection and Gender Inequality in India |
| By Deepankar Basu, The Ohio State University |
| Presented by: Deepankar Basu, |
| Race, obesity, and the puzzle of gender specificity |
| [slides] |
| By Mary A. Burke, Federal Reserve Bank of Boston Frank Heiland, Florida State University |
| Presented by: Frank Heiland, Florida State University |
| Money Can’t Buy Love: Gender-specific labor market conditions and family formation |
| [slides] |
| By Ayako Kondo, Columbia University |
| Presented by: Ayako Kondo, Columbia University |
Session 6: Experimental Studies of Reputation Formation |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Posner 388 |
| Five Indefinitely Repeated Games in the Laboratory |
| By Jim Engle-Warnick McGill University Department of Economics |
| Presented by: Jim Engle-Warnick, McGill University |
| Disclosure as a Tool for Building Trust and Stimulating Investment |
| [slides] |
| By Radhika Lunawat, University of Minnesota |
| Presented by: Radhika Lunawat, University of Minnesota |
| Is Reputation Good or Bad? An Experiment |
| By Brit Grosskopf (Texas A&M University) Rajiv Sarin (Texas A&M University) |
| Presented by: Brit Grosskopf, Texas A&M University |
Session 7: Banks and Multiple Monies |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Grand Room |
| Information, Trade, and the Origin of Banks |
| By Luis Araujo - Michigan State University Raoul Minetti - Michigan State University |
| Presented by: Raoul Minetti, Michigan State University |
| Run Equilibria in a Model of Financial Intermediation |
| By Huberto M. Ennis, Federal Reserve Bank of Richmond Todd Keister, Federal Reserve Bank of New York |
| Presented by: Todd Keister, Federal Reserve Bank of New York |
| A Model of Tiered Settlement Networks |
| By James T.E. Chapman, Bank of Canada Jonathan Chiu, Bank of Canada Miguel Molico, Bank of Canada |
| Presented by: James Chapman, Bank of Canada |
| One or Two Monies |
| [slides] |
| By Mei Dong, Simon Fraser University Janet Hua Jiang, University of Manitoba |
| Presented by: Janet Jiang, University of Manitoba |
Session 8: Unemployment Fluctuations |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 153 |
| Aggregate and Idiosyncratic Risk in a Frictional Labor Market |
| [slides] |
| By Leena Rudanko, Boston University |
| Presented by: Leena Rudanko, Boston University |
| Efficient Search On the Job and the Business Cycle |
| [slides] |
| By Guido Menzio, University of Pennsylvania Shouyong Shi, University of Toronto |
| Presented by: Shouyong Shi, University of Toronto |
| Directed Search with Multiple Vacancies |
| [slides] |
| By Benjamin Lester, University of Western Ontario |
| Presented by: Ben Lester, University of Western Ontario |
| Credit, Vacancies and Unemployment Fluctuations |
| By Nicolas Petrosky-Nadeau UQAM |
| Presented by: Nicolas Petrosky-Nadeau, Universite du Quebec a Montreal |
Session 9: Testing |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 146 |
| m-Testing of Model Specification in Many Groups |
| [slides] |
| By Shinichi Sakata, University of British Columbia |
| Presented by: shinichi sakata, University of British Columbia |
| Bias Corrections in Testing and Estimating Semiparametric, Single Index Models |
| [slides] |
| By Roger Klein, Rutgers Univeristy, Economics Department Chan Shen, Rutgers Univeristy, Economics Department |
| Presented by: Chan Shen, Rutgers University |
| A Consistent Nonparametric Test of Affiliation |
| [slides] |
| By Sung Jae Jun, The Pennsylvania State University Joris Pinkse, The Pennsylvania State University Yuanyuan Wan, The Pennsylvania State University |
| Presented by: Joris Pinkse, The Pennsylvania State University |
Session 10: Structural Estimation in Corporate Finance |
|---|
| Date: June 19, 2008 |
| Time: 13:30 - 15:00 |
| Location: Cooper Auditorium |
| Bankruptcy and Product-Market Competition: Evidence from the Airline Industry |
| By Federico Ciliberto, University of Virginia Carola Schenone, University of Virginia |
| Presented by: Federico Ciliberto, |
| Research and Development, Profits and Firm Value: A Stuctural Estimation |
| [slides] |
| By Missaka Warusawitharana, Board of Governors of the Federal Reserve |
| Presented by: Missaka Warusawitharana, Board of Governors ofthe Federal Reserve |
| Dynamic Capital Structure under Managerial Entrenchment: Evidence from a Structural Estimation |
| [slides] |
| By Erwan Morellec, University of Lausanne Boris Nikolov, University of Lausanne Norman Schuerhoff, University of Lausanne |
| Presented by: Norman Schurhoff, Universite de Lausanne |
| Leaders, Followers and Risk Dynamics in Industry Equilibrium |
| By Murray Carlson, University of British Columbia Engelbert J. Dockner, University of Vienna Adlai Fisher, University of British Columbia Ron Giammarino, University of British Columbia |
| Presented by: Adlai Fisher, University of British Columbia |
Session 11: Auctions and Resale Markets |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 145 |
| Optimality and Second-Price Auctions with Resale |
| [slides] |
| By Bernard Lebrun, York University |
| Presented by: Bernard Lebrun, York University |
| Revenue and Efficiency Effects of Resale in First-Price Auctions |
| By Isa Hafalir, Carnegie Mellon University Vijay Krishna, Penn State University |
| Presented by: Isa Hafalir, Carnegie Mellon University |
| Collusion via Resale |
| By Rod Garratt, UC Santa Barbara Thomas Troger, University of Bonn Charles Zheng, Iowa State University |
| Presented by: Charles Z. Zheng, Iowa State University |
| Asymmetric Common-Value Auctions with Applications to Resale |
| By Harrison Cheng, University of Southern California Goufu Tan, University of Southern California |
| Presented by: Harrison Cheng, University of Southern California |
Session 12: International Capital Flows |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Grand Room |
| Do Intangible Assets Explain High U.S. Foreign Direct Investment Returns? |
| By Benjamin Bridgman, Bureau of Economic Analysis |
| Presented by: Benjamin Bridgman, Bureau of Economic Analysis |
| International Currency Portfolios |
| By Michael Kumhof, International Monetary Fund |
| Presented by: Michael Kumhof, International Monetary Fund |
| Current Account Dynamics and Monetary Policy |
| [slides] |
| By Andrea Ferrero - Federal Reserve Bank of New York Mark Gertler - New York University Lars Svensson - Sveriges Riksbank |
| Presented by: Andrea Ferrero, Federal Reserve Bank of New York |
| Current Account Imbalances in the Euro Area |
| [slides] |
| By Alan Ahearne, Bruegel Brussels Birgit Schmitz, University of Bonn Jürgen von Hagen, University of Bonn, Indiana University |
| Presented by: Birgit Schmitz, University of Bonn |
Session 13: Social Insurance and Risk |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Mellon Auditorium |
| How Is Consumption Smoothed against Income and Asset Shocks Induced by an Earthquake? The Case of Yamakoshi Village |
| [slides] |
| By Hidehiko Ichimura, Faculty of Economics, University of Tokyo Yasuyuki Sawada, Faculty of Economics, Univesity of Tokyo Satoshi Shimizutani Institute for International Policy Studies |
| Presented by: Yasuyuki Sawada, University of Tokyo |
| Retirement and Social Security Reform Expectations: A Solution to the New Early Retirement Puzzle |
| By Hugo Benitez-Silva, SUNY-Stony Brook Deb S. Dwyer, SUNY-Stony Brook Frank Heiland, Florida State University Warrenc C. Sanderson, SUNY-Stony Brook |
| Presented by: Frank Heiland, Florida State University |
| Bounds analysis of competing risks: a nonparametric evaluation of the effect of unemployment benefits on migration in Germany |
| [slides] |
| By Melanie Arntz (ZEW Mannheim) Simon Lo (University of Freiburg) Ralf A. Wilke (University of Nottingham) |
| Presented by: Ralf Wilke, University of Nottingham |
| Moving Back Home: Insurance Against Labor Market Risk |
| By Greg Kaplan, New York University |
| Presented by: Greg Kaplan, New York University |
Session 14: Political Economy |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 152 |
| A Second Chance at Success: A Political Economy Perspective |
| [slides] |
| By Ryo Arawatari, Graduate School of Economics, Osaka University Tetsuo Ono, Graduate School of Economics, Osaka University |
| Presented by: Ryo Arawatari, Osaka University |
| Political Disagreement, Lack of Commitment and the Level of Debt |
| [slides] |
| By Davide Debortoli - Universitat Pompeu Fabra Ricardo Nunes - Federal Reserve Board |
| Presented by: Ricardo Nunes, Federal Reserve Board |
| Demographics and Effective Capital/Labor Tax Rates in OECD Countries |
| [slides] |
| By Kazuki Konno, University of Texas at Austin |
| Presented by: Kazuki Konno, University of Texas at Austin |
| Fiscal Reaction Functions in an Overlapping Generations Setting |
| [slides] |
| By Henning Bohn, University of California Santa Barbara |
| Presented by: Henning Bohn, University of California, Santa Barbara |
Session 15: Emirical Term Structure Models |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Simon Auditorium |
| Real-time forecasting of U.S. bond yields and their excess returns |
| By Joseph Davis (The Vanguard Group and NBER) Roger Aliaga-Diaz (The Vanguard Group) |
| Presented by: Roger Aliaga-Diaz, The Vanguard Group |
| Forecasting with the term structure: The role of no-arbitrage |
| [slides] |
| By Greg Duffee, University of California at Berkeley |
| Presented by: Greg Duffee, University of California at Berkeley |
| An Econometric Model of The Term Structure of Interest Rates Under Regime-Switching Risk |
| [slides] |
| By Shu Wu, The University of Kansas Yong Zeng, University of Missouri at Kansas City |
| Presented by: Shu Wu, The University of Kansas |
| Inflation risk premia in the US and the euro area |
| [slides] |
| By Peter Hoerdahl, Bank for International Settlements Oreste Tristani, European Central Bank |
| Presented by: Peter Hoerdahl, Bank for International Settlements |
Session 16: Valuation Dynamics and Governance |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Cooper Auditorium |
| Search for Optimal CEO Compensation:Theory and Empirical Evidence |
| [slides] |
| By Melanie Cao, Schulich School of Business, York University Rong Wang, Singapore Management University |
| Presented by: Melanie Cao, |
| The Timing and Returns of Mergers and Acquisitions in Oligopolistic Industries |
| [slides] |
| By Dirk Hackbarth (Washington University) Jianjun Miao (Boston University) |
| Presented by: Jianjun Miao, Boston University |
| Collateral, Financial Intermediation, and the Distribution of Debt Capacity |
| By Adriano A. Rampini, Duke University S. Viswanathan, Duke University |
| Presented by: Adriano Rampini, Duke University |
Session 17: Issues in Education |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Rachel Mellon Walton |
| Estimating and Interpreting the Effect of Teachers on Student Outcomes |
| By Matthew Wiswall (New York University) |
| Presented by: Matthew Wiswall, New York University |
| Do Value-Added Models Add Value? Tracking, Fixed Effects, and Causal Inference |
| By Jesse Rothstein, Princeton University & NBER |
| Presented by: Jesse Rothstein, Princeton University |
| Alternative Mechanisms of Peer Achievement Spillovers: Implications for Identification and Policy |
| By Jane Cooley, University of Wisconsin-Madison |
| Presented by: Jane Cooley, University of Wisconsin--Madison |
Session 18: Estimation and Inference in Models of Treatment Effects |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 146 |
| Estimating the Derivative Function and Counterfactuals in Duration Models with Heterogeneity |
| By Jerry Hausman, MIT Tiemen Woutersen, Johns Hopkins University |
| Presented by: Tiemen Woutersen, JHU |
| Independence and Conditional Independence in Causal Systems |
| By Karim Chalak Department of Economics, Boston College Halbert White Department of Economics, University of California, San Diego |
| Presented by: Karim Chalak, Boston College |
| Regression Discontinuity Design: Identification and Estimation of Treatment Effects with Multiple Selection Biases |
| [slides] |
| By Muzhe Yang, University of California at Berkeley |
| Presented by: Muzhe Yang, University of California at Berkeley |
Session 19: Crime and Immigration |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 153 |
| Do Immigrants Cause Crime? |
| [slides] |
| By Paolo Buonanno University of Bergamo Milo Bianchi Paris School of Economics Paolo Pinotti Bank of Italy |
| Presented by: Paolo Buonanno, University of Bergamo |
| An Unintended Consequence of Border Enforcement |
| [slides] |
| By Carolina Rodriguez Zamora, Ph.D. candidate in Economics at University of Texas at Austin |
| Presented by: Carolina Rodriguez Zamora, University of Texas |
| Crime and Social Sanction |
| By Paolo Buonanno, Department of Economics, University of Bergamo Giacomo Pasini, Utrecht School of Economics and Department of Economics, University of Venice Paolo Vanin, Department of Economics, University of Padua |
| Presented by: Paolo Vanin, University of Padua |
Session 20: Experimental Evidence on Market Dynamics |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner I |
| When Do Markets Tip? An Experimental Study |
| [slides] |
| By 1. Tanjim Hossain, Hong Kong University of Science & Technology 2. John Morgan, University of California, Berkeley |
| Presented by: Tanjim Hossain, HKUST |
| Dynamic Price Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios: Experimental Evidence from a Simulated Wholesale Electric Power Market |
| By Hongyan Li, Iowa State University; Junjie Sun, Office of the Comptroller of the Currency; Leigh Tesfatsion, Iowa State University. |
| Presented by: Junjie Sun, Office of the Comptroller of the Currency |
| Competitive Behavior in Market Games: Evidence and Theory |
| [slides] |
| By John Duffy, University of Pittsburgh Alexander Matros, University of Pittsburgh Ted Temzelides, University of Pittsburgh |
| Presented by: John Duffy, University of Pittsburgh |
Session 21: Financial Markets |
|---|
| Date: June 19, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner II |
| Learning and Complementarities: Implications for Speculative Attacks |
| [slides] |
| By Itay Goldstein, Department of Finance, Wharton School, University of Pennsylvania Emre Ozdenoren, Department of Economics, University of Michigan Kathy Yuan, Department of Finance, Ross School, University of Michigan |
| Presented by: Emre Ozdenoren, University of Michigan |
| Venture Capital and Underpricing: Capacity Constraints and Early Sales |
| [slides] |
| By Roberto Pinheiro Department of Economics University of Pennsylvania |
| Presented by: Roberto Pinheiro, University of Pennsylvania |
| Information and High Frequency Trading |
| [slides] |
| By Emiliano S. Pagnotta Department of Economics, Northwestern University. |
| Presented by: Emiliano Pagnotta, |
| Competition among rating agencies and information disclosure |
| [slides] |
| By Neil Doherty, Wharton School, U Penn Anastasia Kartasheva, Wharton School, U Penn Richard Phillips, Georgia State university |
| Presented by: Anastasia Kartasheva, University of Pennsylvania |
Session 22: Walras-Bowley Lecture |
|---|
| Session Chair: Stanley Zin, Carnegie Mellon University |
| Date: June 19, 2008 |
| Time: 17:15 - 18:15 |
| Location: McConomy Auditorium |
| Dynamic Female Labor Supply |
| [slides] |
| By Zvi Eckstein, Tel Aviv University |
| Presented by: Zvi Eckstein, Tel Aviv University |
Session 23: International Aspects of Business Cycles |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Cooper Auditorium |
| International Trade in Durable Goods: Understanding Volatility, Cyclicality, and Elasticities |
| [slides] |
| By Charles Engel, University of Wisconsin Jian Wang, Federal Reserve Bank of Dallas |
| Presented by: Jian Wang, Federal Reserve Bank of Dallas |
| Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises |
| [slides] |
| By Sangeeta Pratap, CUNY Carlos Urrutia, ITAM |
| Presented by: Sangeeta Pratap, Hunter College and CUNY Graduate Center |
| International Evidence on Sticky Consumption Growth |
| [slides] |
| By Christopher Carroll, Johns Hopkins University Jiri Slacalek, European Central Bank Martin Sommer, International Monetary Fund |
| Presented by: Martin Sommer, International Monetary Fund |
| Optimal Taxation over the Life Cycle |
| By Aspen Gorry, University of Chicago Ezra Oberfield, University of Chicago |
| Presented by: Ezra Oberfield, University of Chicago |
Session 24: Bounded Rationality |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 152 |
| Unawareness and Strategic Announcements |
| [slides] |
| By Erkut Ozbay, University of Maryland |
| Presented by: Erkut Ozbay, University of Maryland |
| Time to think and the negative effect of competition |
| [slides] |
| By Toru Suzuki, Boston University |
| Presented by: Toru Suzuki, Boston University |
| Object-Based Unawareness II: Applications |
| By Oliver Board (University of Pittsburgh) Kim-Sau Chung (University of Minnesota) |
| Presented by: Oliver Board, University of Pittsburgh |
| Learning and Risk Aversion |
| By Carlos Oyarzun, University of Alicante Rajiv Sarin, Texas A&M University |
| Presented by: Rajiv Sarin, Texas A&M University |
Session 25: Political Institutions |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner II |
| Ideology and Competence in Alternative Electoral Systems |
| By Matias Iaryczower, Caltech Andrea Mattozzi, Caltech |
| Presented by: Matias Iaryczower, Caltech |
| Motivating Politicians:The Impacts of Monetary Incentives on Quality and Performance |
| [slides] |
| By Claudio Ferraz, Instituto de Pesquisa Economica Aplicada (IPEA) Frederico Finan, UCLA |
| Presented by: Claudio Ferraz, University of California, Berkeley |
| Parties, Coalitions, and the Internal Organization of Legislatures |
| [slides] |
| By Daniel Diermeier - Kellogg School of Management, Northwestern University Razvan Vlaicu - University of Maryland |
| Presented by: Razvan Vlaicu, University of Maryland |
Session 26: Nonlinear Econometrics |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 145 |
| NONLINEAR STRUCTURE IN REGRESSION RESIDUALS |
| [slides] |
| By Michael McCullough, School of Economic Sciences, Washington State University Thomas L. Marsh, School of Economic Sciences, Washington State University Ron C. Mittelhammer School of Economic Sciences, Washington State University |
| Presented by: Michael McCullough, Washington State University |
| Specification Tests for Nonlinear Time Series Models |
| [slides] |
| By Igor Kheifets, Universidad Carlos III de Madrid |
| Presented by: Igor Kheifets, Univerdidad Carlos III de Madrid |
| Searching for Nonlinearities in Real Exchange Rates |
| [slides] |
| By Yamin Ahmad, University of Wisconsin - Whitewater Stuart Glosser, University of Wisconsin - Whitewater |
| Presented by: Yamin Ahmad, University of Wisconsin - Whitewater |
Session 27: Uncertainty and Asset Pricing |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Mellon Auditorium |
| State-uncertainty aversion and the term structure of interest rates |
| By Frode Brevik, VU Amsterdam |
| Presented by: Frode Brevik, VU Amsterdam |
| Ambiguity, Learning, and Asset Returns |
| By Nengjiu Ju, Hong Kong University of Science and Technology Jianjun Miao, Boston University |
| Presented by: Jianjun Miao, Boston University |
| What's Vol Got To Do With It |
| [slides] |
| By Itamar Drechsler, The Wharton School, University of Pennsylvania Amir Yaron, The Wharton School, University of Pennsylvania and NBER |
| Presented by: Itamar Drechsler, University of Pennsylvania |
| Learning, Ambiguity and Life-Cycle Portfolio Allocation |
| [slides] |
| By Claudio Campanale Universidad de Alicante |
| Presented by: Claudio Campanale, University of Alicante |
Session 28: Identification |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 153 |
| Sharp Identification Regions in Games |
| By Arie Beresteanu, Duke University Ilya Molchanov, Bern University Francesca Molinari, Cornell University |
| Presented by: Arie Beresteanu, Duke University |
| Consistency of Plug-In Estimators of Upper Contour and Level Sets |
| By Nese Yildiz, University of Rochester |
| Presented by: Nese Yildiz, University of Rochester |
| Exogeneity tests and weak-identification |
| [slides] |
| By Firmin Doko, Université de Montréal, Jean-Marie Dufour, McGill University |
| Presented by: Firmin Doko Tchatoka, Université de Montreal |
| Nonparametric Analysis of Treatment Effects in Ordered Response Models |
| [slides] |
| By Stefan Boes, University of Zurich |
| Presented by: Stefan Boes, University of Zurich |
Session 29: Growth, Valuation, and Real Assets |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Simon Auditorium |
| Real Investment and Risk Dynamics |
| By Ilan Cooper, Tel Aviv University and Norwegian School of Management. Richard Priestley, Norwegian School of Management. |
| Presented by: Ilan Cooper, Tel Aviv University |
| Accounting for Low-Frequency Variation in Tobin's q |
| By Chris Telmer, Carnegie Mellon University Iulian Obreja, University of Colorado |
| Presented by: Christopher Telmer, Carnegie Mellon University |
| Liquidity in Real Asset Markets |
| By Alessandro Gavazza, Yale University |
| Presented by: Alessandro Gavazza, Yale University |
Session 30: Game Theory Experiments |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 146 |
| Information and Beliefs in a Repeated Normal-Form Game |
| By Dietmar Fehr, Technische Universität Berlin Dorothea Kuebler, Technische Universität Berlin and IZA David Danz, Technische Universität Berlin |
| Presented by: Dietmar Fehr, Technische Universität Berlin |
| Belief Formation By Outside Observers |
| [slides] |
| By Kyle Hyndman, Southern Methodist University Wolf Ehrblatt, New York University Erkut Ozbay, University of Maryland Andrew Schotter, New York University |
| Presented by: Kyle Hyndman, Southern Methodist University |
| Testing the TASP: an Experimental Investigation of Learning in Games with Unstable Equilibria |
| By Timothy N. Cason, Purdue University Daniel Friedman, UC Santa Cruz Ed Hopkins, University of Edinburgh |
| Presented by: Ed Hopkins, University of Edinburgh |
| Correlated equilibria, good and bad: an experimental study |
| [slides] |
| By John Duffy; University of Pittsburgh Nick Feltovich; University of Aberdeen |
| Presented by: Nick Feltovich, University of Aberdeen |
Session 31: Special Types of Markets |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Rachel Mellon Walton |
| Emissions Trading and Profit-Neutral Permit Allocations |
| [slides] |
| By Cameron Hepburn School of Enterprise and the Enivronment, Oxford University John Quah, Department of Economics, Oxford University Robert Ritz, Department of Economics, Oxford University |
| Presented by: John Quah, Oxford University |
| Sorting, Reputation and Entry in a Market for Experts |
| [slides] |
| By Enrico Sette, Bank of Italy and LSE |
| Presented by: Enrico Sette, Bank of Italy - London School of Economics |
| Inefficient durable-goods monopolies |
| [slides] |
| By Joao Montez, U. of Lausanne and Columbia U. |
| Presented by: Joao Montez, Columbia University |
Session 32: Policy Evaluations: Marriage, health, microcredit, and education |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Grand Room |
| Aggregate Effect of AIDS on Development |
| By Raul Santaeulalia-Llopis University of Pennsylvania |
| Presented by: Raul Santaeulalia-Llopis, University of Pennsylvania |
| Accounting for Gender Gap in College Attainment |
| [slides] |
| By Suqin Ge (Virginia Tech) Fang Yang (SUNY-Albany) |
| Presented by: Fang Yang, SUNY-Albany |
| Impact of Changes in Marriage Law |
| [slides] |
| By Prashant Bharadwaj Yale University |
| Presented by: Prashant Bharadwaj, Yale University |
Session 33: Institutions and Growth |
|---|
| Date: June 20, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner I |
| Sudden Stops and Reallocation: Evidence from Labor Market Flows in Latin America |
| [slides] |
| By Francisco A Gallego, Pontificia Universidad Catolica de Chile Jose Tessada, MIT |
| Presented by: Jose Tessada, MIT |
| Unit root tests when the data are a trigonometric transformation of an integrated process |
| [slides] |
| By Chien-Ho Wang National Taipei University Robert M. de Jong Ohio State University |
| Presented by: Chien-Ho Wang, National Taipei University |
| The Long Way Around: the real consequences of corruption in customs |
| [slides] |
| By Sandra Sequeira (Weatherhead Center for International Affairs, Harvard University) Sendhil Mullainathan (Department of Economics, Harvard University) Simeon Djankov (International Finance Corporation) |
| Presented by: Sandra Sequeira, Weather Center for International Affairs |
| The Domestic and International Effects of Financial Deregulation |
| [slides] |
| By Fabio Ghironi, Boston College and Viktors Stebunovs, Board of Governors of the FRS |
| Presented by: Viktor Stebunovs, |
Session 34: Plenary II: Monetary Policy and Financial Markets |
|---|
| Session Chair: Christopher Telmer, Carnegie Mellon University |
| Date: June 20, 2008 |
| Time: 11:00 - 12:00 |
| Location: Mellon Auditorium |
| Monetary Policy and Financial Markets |
| By Lars Peter Hansen, University of Chicago |
| Presented by: Lars Hansen, University of Chicago |
| Monetary Policy and Financial Markets |
| [slides] |
| By Marvin Goodfriend, Carnegie Mellon University Robert G. King Boston University |
| Presented by: Marvin Goodfriend, Carnegie Mellon University |
Session 35: Plenary I: Neureconomics |
|---|
| Session Chair: John Duffy, University of Pittsburgh |
| Date: June 20, 2008 |
| Time: 11:00 - 12:00 |
| Location: Room 152 |
| Neureconomics |
| By George Loewenstein, Carnegie Mellon University |
| Presented by: George Loewenstein, Carnegie Mellon University |
| Neuroeconomics |
| By Antonio Rangel, California Institute of Technology |
| Presented by: Antonio Rangel, California Institute of Technology |
Session 36: Issues in Monetary Policy Design |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Cooper Auditorium |
| On-the-job search, sticky prices, and persistence |
| By Willem Van Zandweghe, Carnegie Mellon University |
| Presented by: Willem Van Zandweghe, Carnegie Mellon University |
| The Gains from Imperfect Inflation-Targeting Commitments |
| By Christian Jensen, University of South Carolina |
| Presented by: Christian Jensen, University of South Carolina |
| Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting |
| [slides] |
| By Cesaire Meh, Bank of Canada Jose-Victor Rios-Rull, University of Minnesota Yaz Terajima, Bank of Canada |
| Presented by: Yaz Terajima, Bank of Canada |
Session 37: Technology, Productivity and Growth |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 145 |
| Superstores or Mom and Pops? Market Size, Technology Adoption, and TFP Differences |
| [slides] |
| By David Lagakos, UCLA |
| Presented by: David Lagakos, Minneapolis Federal Reserve Bank |
| The Role of Openness in Industry Dynamics: A Model of Innovation and Technology Diffusion in Developing Industries |
| [slides] |
| By Serguey Braguinsky, SUNY Buffalo and Carnegie Mellon University Salavat Gabdrakhmanov, CEFIR, Moscow, Russia Atsushi Ohyama, SUNY Buffalo David C. Rose, University of Missouri, St. Louis |
| Presented by: Serguey Braguinsky, SUNY Buffalo |
| The Impact of Structural Change on the Oil Price |
| [slides] |
| By Radoslaw Stefanski University of Minnesota |
| Presented by: Radoslaw Stefanski, University of Minnesota |
| Educational Corruption and Growth |
| [slides] |
| By Philip Shaw University of Connecticut |
| Presented by: Philip Shaw, University of Connecticut |
Session 38: Contracts 1 |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Posner II |
| The Right of First Offer |
| [slides] |
| By Xinyu Hua, Hong Kong University of Science and Technology |
| Presented by: Xinyu Hua, HKUST |
| Dissolving Multi-Partnerships Efficiently |
| By M. Bumin Yenmez,Stanford Graduate School of Business |
| Presented by: M. Yenmez, Stanford GSB |
| Joint Commitment: Implementation without Public Randomization. |
| [slides] |
| By Francesco Nava, University of Chicago |
| Presented by: Francesco Nava, University of Chicago |
| Substitutes and Stability for Matching with Contracts |
| [slides] |
| By John William Hatfield Stanford University Fuhito Kojima Harvard University |
| Presented by: John Hatfield, Graduate School of Business |
Session 39: Experimental Studies of Auctions and Contracts |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 146 |
| Individual Behavior In Auctions with Price Proportional Benefits |
| By R. Mark Isaac, Florida State University Svetlana Pevnitskaya, Florida State University Timothy C. Salmon, Florida State University |
| Presented by: Svetlana Pevnitskaya, Florida State University |
| Institutions and Contract Enforcement |
| By Armin Falk, University of Bonn David Huffman, Swarthmore College Bentley MacLeod, Columbia University |
| Presented by: david huffman, IZA |
| Naked Exclusion: An Experimental Study of Contracts with Externalities |
| [slides] |
| By Claudia M. Landeo, University of Alberta Kathryn E. Spier, Harvard University |
| Presented by: Claudia Landeo, University of Alberta |
Session 40: Frontiers of Computational Methods |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Grand Room |
| Valuing Programs with Deterministic and Stochastic Cycles |
| By Harry J. Paarsch, University of Iowa John Rust, University of Maryland |
| Presented by: Harry Paarsch, University of Iowa |
| Data-Driven Adaptive Rate-Optimal Nonparametric Testing |
| [slides] |
| By Alain Guay CIRPÉE and CIREQ, Université du Québec à Montréal Emmanuel Guerre Department of Economics, Queen Mary, University of London Stepana Lazarova Department of Economics, Queen Mary, University of London |
| Presented by: Stepana Lazarova, Queen Mary, University of London |
| The (mis)specification of discrete time duration models with unobserved heterogeneity: a Monte-Carlo study |
| [slides] |
| By Cheti Nicoletti University of Essex, Institute for Social and Economic Research Concetta Rondinelli Bank of Italy, Department of Economic Outlook and Monetary Policy Studies, and "Carlo F. Dondena" Centre for Research on Social Dynamics, Bocconi University. |
| Presented by: Concetta Rondinelli, Bocconi University |
| Efficient Semiparametric Detection of Changes in Trend |
| [slides] |
| By Chuan Goh, University of Toronto |
| Presented by: Chuan Goh, University of Toronto |
Session 41: Asset Pricing II |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Mellon Auditorium |
| The Federal Reserve and the Cross Section of Stock Returns |
| [slides] |
| By Francisco Palomino, University of Michigan Erica X.N. Li, University of Michigan |
| Presented by: Francisco Palomino, University of Michigan |
| Why Mutual Funds "Underperform" |
| By Vincent Glode, Carnegie Mellon University |
| Presented by: Vincent Glode, Carnegie Mellon University |
| Who holds risky assets? |
| [slides] |
| By David Backus, New York University Bryan Routledge, Carnegie Mellon University Stanley Zin, Carnegie Mellon University |
| Presented by: Stanley Zin, Carnegie Mellon University |
Session 42: Financial Markets and Macroeconomic Performance |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Cooper Auditorium |
| Financing Development: The Role of Information Costs |
| [slides] |
| By Jeremy Greenwood, University of Pennsylvania Juan M. Sanchez, University of Rochester Cheng Wang, Iowa State Unversity |
| Presented by: Jeremy Greenwood, University of Pennsylvania |
| The Geography of Trade and Multinational Production |
| [slides] |
| By Natalia Ramondo, U. Texas-Austin Andres Rodriguez-Clare, Penn State U. and NBER |
| Presented by: Natalia Ramondo, University of Texas at Austin |
| Finance and Development: A Tale of Two Sectors |
| By Francisco Buera, Northwestern University Joe Kaboski, Ohio State University Yongseok Shin, UW-Madison |
| Presented by: Francisco Buera, Northwestern University |
Session 43: Quantitative Macro Models |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Posner I |
| Driving Forces of the Canadian Economy: An Accounting Exercise |
| By Simona Cociuba, Federal Reserve Bank of Dallas Alexander Ueberfeldt, Bank of Canada |
| Presented by: Simona Cociuba, Federal Reserve Bank of Dallas |
| An Efficient Approach to Analyzing State-Space Representations |
| By David N. DeJong, University of Pittsburgh Hariharan Dharmarajan, University of Pittsburgh Roman Liesenfeld, Universitat Kiel Jean-Francois Richard, University of Pittsburgh |
| Presented by: David DeJong, UNIVERSITY OF PITTSBURGH |
| What You Match Does Matter: The Effects of Data on DSGE Estimation |
| [slides] |
| By Pablo A. Guerron Quintana Department of Economics North Carolina State University |
| Presented by: Pablo Guerron-Quintana, North Carolina State University |
Session 44: Empirical Asset Pricing |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 153 |
| Information Flow between Credit Default Swap, Options and Equity Markets |
| By Antje Berndt, Carnegie Mellon University Anastasiya Ostrovnaya, Deutsche Bank |
| Presented by: Antje Berndt, Carnegie Mellon University |
| Macroeconomic Determinants of Volatility and Volatility Risk Premia |
| By Valentina Corradi University of Warwick Walter Distaso Imperial College, Tanaka Business School Antonio Mele London School of Economics |
| Presented by: Valentina Corradi, University of Warwick |
| Macroeconomic News Announcements, Financial Market Volatility and Jumps |
| [slides] |
| By Xin Huang, Department of Economics, University of Oklahoma |
| Presented by: Xin Huang, University of Oklahoma |
| Risk-neutral modelling with affine and non-affine models |
| By garland Durham, University of Colorado |
| Presented by: Garland Durham, University of Colorado |
Session 45: Auctions and Trading Mechanisms |
|---|
| Date: June 20, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 152 |
| Auctions with Toeholds: An Experimental Study |
| [slides] |
| By Rosemarie Nagel, UPF Sotiris Georganas, Ohio State University |
| Presented by: Sotirios Georganas, Ohio State University and University of Bonn |
| First and Second Price Mechanisms in Procurement and other Asymmetric Auctions |
| [slides] |
| By Vladimir Mares, Olin Business School, Washington University in St. Louis. Jeroen M. Swinkels Olin Business School, Washington University in St. Louis. |
| Presented by: Jeroen Swinkels, Washington University in St. Louis |
| Information Revelation and Random Entry in Sequential Ascending Auctions |
| [slides] |
| By Maher Said, Yale University |
| Presented by: Maher Said, Yale University |
Session 46: Evolution and Learning |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 152 |
| Negatively Correlated Bandits |
| [slides] |
| By Nicolas Klein, Munich Graduate School of Economics Sven Rady, Department of Economics, University of Munich |
| Presented by: Sven Rady, University of Munich |
| On the Elimination of Dominated Strategies in Stochastic Models of Evolution with Large Populations |
| By Christoph Kuzmics KSM-MEDS, Northwestern University |
| Presented by: Christoph Kuzmics, Kellogg School of Management |
| The Evolution of Bidding Behavior in Private-Values Auctions and Double Auctions |
| By 1. Rene Saran, Maastricht University, The Netherlands 2. Roberto Serrano, Brown University, U.S.A and IMDEA, Spain |
| Presented by: Rene Saran, Maastricht University |
| Cooperation through Imitation and Exclusion in Networks |
| [slides] |
| By Friederike Mengel, University of Alicante Constanza Fosco, University of Alicante |
| Presented by: Friederike Mengel, Universidad de Alicante |
Session 47: Further development in asymptotic theory |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 151 |
| An Alternative Sense of Asymptotic Efficiency |
| [slides] |
| By Ulrich K. Müller Economics Department, Princeton University |
| Presented by: Ulrich Mueller, Princeton University |
| On Bahadur efficiency of empirical likelihood |
| By Taisuke OTSU |
| Presented by: Taisuke Otsu, Yale University |
| Subsampling High Frequency Data |
| By Ilze Kalnina (London School of Economics) |
| Presented by: Ilze Kalnina, London School of Economics |
| Semiparametric Least Squares Estimation of Single Index Models and Its Applications to a Binary Choice Model |
| [slides] |
| By Hisatoshi Tanaka, Department of Economics, UW-Madison |
| Presented by: Hisatoshi Tanaka, University of Wisconsin |
Session 48: Structural Estimation of Dynamic Models |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Rachel Mellon Walton |
| Stochastic Approach to Semiparametric Information Bound of Dynamic Discrete Choice Models |
| [slides] |
| By Moshe Buchinsky, UCLA Jinyong Hahn, UCLA Kyoo il Kim, University of Minnesota |
| Presented by: Kyoo il Kim, University of Minnesota |
| An empirical dynamic model of mortgage default in Colombia between 1997 and 2004 |
| By Juan Esteban Carranza, University of Wisconsin-Madison Salvador Navarro University of Wisconsin-Madison |
| Presented by: Salvador Navarro, University of Wisconsin-Madison |
| Sequential Estimation of Structural Models with Fixed Point Constraint |
| By Hiroyuki Kasahara, University of Western Ontario Katsumi Shimotsu, Queen's University |
| Presented by: Katsumi Shimotsu, Queen's University |
| Estimating Dynamic Games of Complete Information with an Application to the Generic Pharmaceutical Industry |
| [slides] |
| By A. Ronald Gallant, Fuqua School of Business, Duke University Han Hong, Department of Economics, Stanford University Ahmed Khwaja, Fuqua School of Business, Duke University |
| Presented by: Ahmed Khwaja, Duke University |
Session 49: Text Based Information in Finance |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 153 |
| Viewing the Future through the Eyes of Managers: A Naïve Bayesian Approach to |
| By Feng Li, University of Michigan |
| Presented by: Feng Li, |
| Text-based portfolio choice |
| [slides] |
| By Shimon Kogan, Carnegie Mellon Bryan R. Routledge, Carnegie Mellon Jacob Sagi, Vanderbilt Noah A. Smith, Carnegie Mellon |
| Presented by: Bryan Routledge, |
| Media Coverage, Investor Inattention, and the Market’s Reaction to News |
| By Charles Gaa, University of British Columbia |
| Presented by: Charles Gaa, |
| Critical Accounting Policy Disclosures |
| [slides] |
| By Carolyn Levine, Carnegie Mellon University Michael Smith, Boston University |
| Presented by: Carolyn Levine, Carnegie Mellon University |
Session 50: Self-Control and Mental Accounting |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 146 |
| Procrastination and Impatience |
| [slides] |
| By Ernesto Ruben Northwestern University Paola Sapienza Northwestern University Luigi Zingales University of Chicago |
| Presented by: Luigi Zingales, University of Chicago |
| Love, Hate and Murder: Commitment Devices in Violent Relationships |
| [slides] |
| By Anna Aizer, Brown University Pedro Dal Bo, Brown University |
| Presented by: Pedro Dal Bo, Brown University |
| The Ultimatum Game: Interdependent Preferences in Experimental Setting |
| [slides] |
| By Yoram Halevy, University of British Columbia Michael Peters, University of British Columbia |
| Presented by: Yoram Halevy, University of British Columbia |
Session 51: Population Dynamics and Growth |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 145 |
| Population and Development: Genetic History, Cities, and the African Advantage |
| [slides] |
| By University of California at Santa Barbara |
| Presented by: Javier Birchenall, University of California, Santa Barbara |
| Counting and Multidimensional Poverty Measurement |
| By Sabina Alkire, Oxford University James Foster, Vanderbilt, Oxford University |
| Presented by: Sabina Alkire, Oxford Poverty & Human Development Init |
| Life Expectancy and the Wealth of Nations |
| By Marla Ripoll, University of Pittsburgh Juan Carlos Cordoba, Rice University |
| Presented by: Juan Cordoba, Rice University |
Session 52: Default and Credit Risk |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Cooper Auditorium |
| An Equilibrium Model of Credit Risk and Asset Pricing |
| [slides] |
| By Joao Gomes, University of Pennsylvania Lukas Schmid, University of Lausanne |
| Presented by: Lukas Schmid, University of Pennsylvania |
| Reorganization or Exit: Bankruptcy Decisions and Firm Dynamics |
| By Dean Corbae, University of Texas at Austin Pablo D'Erasmo, University of Texas at Austin |
| Presented by: Dean Corbae, University of Texas at Austin |
| The pricing of risk in european credit and corporate bond markets |
| By Iulian Obreja, University of Colorado at Boulder Antje Berndt, Carnegie Mellon University |
| Presented by: Antje Berndt, Carnegie Mellon University |
| Internal Debt Crises and Sovereign Defaults |
| [slides] |
| By Cristina Arellano, University of Minnesota Narayana Kocherlakota, University of Minnesota |
| Presented by: Narayana Kocherlakota, University of Minnesota |
Session 53: Contracts 4 |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner II |
| A Modified English Auction for an Informed Buyer |
| [slides] |
| By Filippo Balestrieri, MIT |
| Presented by: Filippo Balestrieri, MIT |
| Mechanism Design with Bilateral Contracting |
| [slides] |
| By Vianney Dequiedt, INRA-Université de Grenoble David Martimort, TSE |
| Presented by: Vianney Dequiedt, Université de Grenoble |
| The Optimality of Delegation under Imperfect Commitment |
| By Fumitoshi Moriya |
| Presented by: Fumitoshi Moriya, Hitotsubashi University |
Session 54: Monetary Economics: Model Specification-I |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Simon Auditorium |
| Sticky-information vs. Backward-looking indexation: Inflation inertia in the U.S. |
| [slides] |
| By Julio A. Carrillo Maastricht University (ALGEC) |
| Presented by: Julio Carrillo, Maastricht University |
| Search frictions, real rigidities and inflation dynamics |
| By Carlos Thomas, Bank of Spain |
| Presented by: Carlos Thomas, Bank of Spain |
| Labor Market Search and Interest Rate Policy |
| [slides] |
| By Takushi Kurozumi (Bank of Japan) Willem Van Zandweghe (Carnegie Mellon University) |
| Presented by: Willem Van Zandweghe, Carnegie Mellon University |
Session 55: Political Economy of Elections |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner I |
| Mobilization and Persuasion of Political Advertising |
| By Arianna Degan, UQAM |
| Presented by: Arianna Degan, University of Quebec at Montreal |
| Competence and Ideology |
| [slides] |
| By Dan Bernhardt University of Illinois at Urbana-Champaign Odilon Camara University of Illinois at Urbana-Champaign Francesco Squintani Universita' degli Studi di Brescia |
| Presented by: Odilon Camara, University of Illinois Urbana-Champaign |
| Turnover and Accountability of Appointed and Elected Judges |
| By Claire S.H. Lim, Department of Economics, University of Pennsylvania |
| Presented by: Claire Lim, University of Pennsylvania |
Session 56: Information and Asset Pricing |
|---|
| Date: June 20, 2008 |
| Time: 15:30 - 17:00 |
| Location: Mellon Auditorium |
| Monitoring and Manipulations: Asset Prices When Agents are Marked-to-Market |
| [slides] |
| By Gary Gorton, Yale University Ping He, Tsinghua University Lixin Huang, Georgia State University |
| Presented by: Ping He, University of Illinois, Chicago |
| House Price Dynamics with Heterogeneous Expectations |
| By Giovanni Favara, HEC University of Lausanne. Zheng Song, Fudan University, Shanghai |
| Presented by: Giovanni Favara, Univeristy of Lausanne |
| Interbank Lending, Collateral, and the 2007 Liquidity Crisis |
| [slides] |
| By Christian Ewerhart, University of Zurich Jens Tapking, European Central Bank |
| Presented by: Christian Ewerhart, University of Zurich |
| Advance Information and Asset Prices |
| [slides] |
| By Rui Albuquerque, Boston University School of Management Jianjun Miao, Boston University |
| Presented by: Jianjun Miao, Boston University |
Session 57: Allan H. Meltzer Lecture |
|---|
| Session Chair: Dennis Epple, Carnegie Mellon University |
| Date: June 20, 2008 |
| Time: 17:15 - 18:15 |
| Location: McConomy Auditorium |
| The Scope of Cooperation |
| By Guido Tabellini, Bocconi University |
| Presented by: Guido Tabellini, Bocconi University |
Session 58: Bayesian Methodology |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 152 |
| Estimation of dynamic discrete choice models using artificial neural network approximations |
| By Andriy Norets, Princeton University |
| Presented by: Andriy Norets, Princeton University |
| Improving MCMC Using Efficient Importance Sampling |
| [slides] |
| By Roman Liesenfeld, Christian-Albrecht Universitat Jean-Francois Richard, University of Pittsburgh |
| Presented by: Jean-Francois Richard, University of Pittsburgh |
| A Bayesian Approach to Nonparametric Monotone Function Estimation |
| [slides] |
| By Thomas S. Shively, University of Texas at Austin Thomas W. Sager, University of Texas at Austin Stephen G. Walker, University of Kent |
| Presented by: Tom Shively, |
Session 59: Monetary Economics: Expectations and Learning |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Mellon Auditorium |
| Stability of Macroeconomic Systems with Bayesian Learners |
| By James Bullard, Federal Reserve Bank of St. Louis Jacek Suda, Washington University in St. Louis |
| Presented by: Jacek Suda, Washington University in St. Louis |
| The Forward Solution for Linear Rational Expectations Models |
| [slides] |
| By Seonghoon Cho, Yonsei University Antonio Moreno, University of Navarra |
| Presented by: Seonghoon Cho, Yonsei University |
| Managing expectations |
| [slides] |
| By Yang Lu, Boston University Robert G. King, Boston University Ernesto Pasten, IDEI-Toulouse School of Economics and Banco Central de Chile |
| Presented by: Yang Lu, Boston University |
Session 60: Exchange rates |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Cooper Auditorium |
| International Competition and Inflation: A New Keynesian Perspective |
| [slides] |
| By Luca Guerrieri, Federal Reserve Board Christopher Gust, Federal Reserve Board David Lopez-Salido, Federal Reserve Board |
| Presented by: Luca Guerrieri, Federal Reserve Board |
| Do Central Banks Respond to Exchange Rate Movements? Some New Evidence from Structural Estimation |
| By Wei Dong Bank of Canada |
| Presented by: Wei Dong, Bank of Canada |
| Monetary Policy and the Uncovered Interest Rate Parity Puzzle |
| By David K. Backus, New York University Chris Telmer, Carnegie Mellon University Stanley E. Zin, Carnegie Mellon University |
| Presented by: Christopher Telmer, Carnegie Mellon University |
| Imports, Exports, Dollar Exposures and Stock Returns |
| [slides] |
| By Liuren Wu - Dept. of Eco and Finance, Baruch College, CUNY Suparna Chakraborty-Dept. of Eco and Finance, Baruch College, CUNY Yi Tang-Dept. of Eco. and Finance, Baruch College, CUNY |
| Presented by: Suparna Chakraborty, Baruch College, CUNY |
Session 61: R&D and Intellectual Property |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner II |
| Scarcity of Ideas and Options to Invest in R&D |
| By Nisvan Erkal, University of Melbourne Suzanne Scotchmer, University of California, Berkeley and NBER |
| Presented by: Nisvan Erkal, University of Melbourne |
| Entrepreneurial Behavior and the development of Trading Institutions: An Analytical Approach |
| [slides] |
| By Karen A. Campbell, Temple University |
| Presented by: Karen Campbell, The Heritage Foundation/Temple University |
| Intellectual Property Clearinghouses and Investment in R'D |
| [slides] |
| By Reiko Aoki, Hitotsubashi University & University of Auckland, Aaron Schiff, Hitotsubashi University |
| Presented by: Reiko Aoki, Hitotsubashi University |
Session 62: Innovation in the Analysis of Durable Goods and Investment |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Grand Room |
| Durable Goods Oligopoly with Innovation: Theory and Empirics |
| By Ronald Goettler, Carnegie Mellon University Brett Gordon, Columbia University |
| Presented by: Ronald Goettler, Carnegie Mellon University |
| Deflation in Durable Goods Markets: An Empirical Model of the Tokyo Condominium Market |
| [slides] |
| By Migiwa Tanaka, Institute for Monetary and Economic Studies, Bank of Japan |
| Presented by: Migiwa Tanaka, Bank of Japan |
| Geographical and multi-product linkages of markets: impact on firm equilibrium interactions |
| By Nina Leheyda Center for European Economic Research (ZEW), Mannheim |
| Presented by: Nina Leheyda, Center for European Economic Research (ZEW) |
| The Dynamics of Automobile Expenditures |
| [slides] |
| By Adam Copeland, Bureau of Economic Analysis |
| Presented by: Adam Copeland, BEA, US Dept. of Commerce |
Session 63: Political Dynamics |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 145 |
| Long Term Persistance |
| By Luigi Guiso Paola Sapienza Luigi Zingales |
| Presented by: Luigi Zingales, University of Chicago |
| On the "Faustian Dynamics" of Policy and Political Power |
| [slides] |
| By Jinhui Bai, Georgetown University Roger Lagunoff, Georgetown University |
| Presented by: Jinhui Bai, Georgetown University |
| Dynamics and Stability of Constitutions, Coalitions, and Clubs |
| [slides] |
| By Daron Acemoglu (MIT) Georgy Egorov (Harvard) Konstantin Sonin (New Economic School) |
| Presented by: Georgy Egorov, Harvard University |
| Political Institutions and the Dynamics of Government Spending |
| By Daniel Diermeier, Northwestern University Pohan Fong, Northwestern University |
| Presented by: Pohan Fong, Northwestern University |
Session 64: Contracts 3 |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner I |
| Search, Moral Hazard, and Price Dispersion |
| [slides] |
| By S. Nuray Akin University of Miami, Dept. of Economics Brennan C. Platt Brigham Young University, Dept. of Economics |
| Presented by: Nuray Akin, University of Miami |
| Debt, Equity, and Information |
| [slides] |
| By Matthias Bühlmaier, Vienna Graduate School of Finance |
| Presented by: Matthias Buehlmaier, Vienna Graduate School of Finance |
| Endogenous Valuation of Collateral and Ex Ante Trade in Market Fundamentals |
| [slides] |
| By Weerachart Kilenthong Department of Economics U of California, Santa Barbara Robert M. Townsend Department of Economics U of Chicago |
| Presented by: Weerachart Kilenthong, University of California, Santa Barbara |
Session 65: Decision Theory I |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Simon Auditorium |
| Choice by Constraint Elimination |
| [slides] |
| By Yusufcan Masatlioglu, University of Michigan Daisuke Nakajima, University of Michigan |
| Presented by: Yusufcan Masatlioglu, University of Michigan |
| On Choice in a Complex Environment |
| [slides] |
| By Murali Agastya (University of Sydney) Arkadii Slinko (University of Auckland) |
| Presented by: Murali Agastya, University of Sydney |
| Dynamic choice with anticipated regret |
| [slides] |
| By Takashi Hayashi, University of Texas at Austin |
| Presented by: Takashi Hayashi, University of Texas at Austin |
Session 66: Communication |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Rachel Mellon Walton |
| Communication and Learning |
| By Luca Anderlini (Georgetown University) Dino Gerardi (Yale University) Roger Lagunoff (Georgetown University) |
| Presented by: Dino Gerardi, Yale University |
| Wait and See |
| By Peter Eso, Kellogg School of Management, Northwestern University Yuk-fai Fong, Kellogg School of Management, Northwestern University |
| Presented by: Peter Eso, Kellogg School, Northwestern University |
| Persuasion and Limited Communication |
| [slides] |
| By Itai Sher University of Minnesota |
| Presented by: Itai Sher, University of Minnesota |
| A Strategic Theory of Network Status |
| By Brian W. Rogers, Northwestern University, MEDS |
| Presented by: Brian Rogers, Northwestern University, Kellogg |
Session 67: Investments and Frictions |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 343 |
| State-dependent Irreversibility and Lemons Market |
| [slides] |
| By Shaojin Li, University of Texas at Austin, Department of Economics |
| Presented by: Shaojin Li, University of Texas at Austin |
| Uncertainty and Capital Accumulation: Empirical Evidence for African and Asian Firms |
| [slides] |
| By Stephen R. Bond, Nuffield College and Department of Economics, University of Oxford and Institute for Fiscal Studies; Måns Söderbom, Centre for the Study of African Economies, Department of Economics, University of Oxford, and Department of Economics, University of Gothenburg; Guiying Wu, Nuffield College and Department of Economics, University of Oxford |
| Presented by: Guiying Wu, University of Oxford |
| Fixed Costs and Long-Lived Investments |
| [slides] |
| By Christopher L. House, University of Michigan and NBER. |
| Presented by: Christopher House, University of Michigan |
Session 68: Labor Market Search and Matching |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 151 |
| Self-Employment and labor Market Policies |
| [slides] |
| By Dr. Alok Kumar, Department of Economics, University of Victoria, Canada Dr. Herb Schuetze, Department of Economics, University of Victoria, Canada |
| Presented by: Alok Kumar, University of Victoria |
| Search and Dynamic Household Labor Supply |
| [slides] |
| By Jing Liu The University of Texas at Austin |
| Presented by: Jing Liu, University of Texas at Austin |
| Implications of General and Specific Productivity Growth in a Matching Model |
| [slides] |
| By Junichi Fujimoto, University of Tokyo |
| Presented by: Junichi Fujimoto, The University of Tokyo |
Session 69: Monetary Policy |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 146 |
| Monetary Policy, Short Run Dynamics, and Welfare |
| [slides] |
| By Jonathan Chiu, Bank of Canada Miguel Molico, Bank of Canada |
| Presented by: Jonathan Chiu, Bank of Canada |
| Money and Credit with Limited Commitment |
| [slides] |
| By Daniel Sanches, Washington University in St. Louis Stephen Williamson, Washington University in St. Louis |
| Presented by: Daniel Sanches, Washington University in St. Louis |
| Liquidity and Information |
| [slides] |
| By Benjamin Lester, University of Western Ontario Andrew Postlewaite, University of Pennsylvania Randall Wright, University of Pennsylvania |
| Presented by: Ben Lester, University of Western Ontario |
| Inflation and Variety |
| [slides] |
| By Mei Dong Department of Economics Simon Fraser University |
| Presented by: Mei Dong, Simon Fraser University |
Session 70: Dynamic Problems in Public Finance |
|---|
| Date: June 21, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 153 |
| The Quantity and Quality of Teachers: A Dynamic Trade-off |
| By Gregory Gilpin, Indiana University Michael Kaganovich, Indiana University |
| Presented by: Michael Kaganovich, Indiana University |
| Open-loop and feed-back equilibrium of a tax competition model |
| [slides] |
| By Fernando Ruiz, Catholic University of Mons, Belgium |
| Presented by: Fernando Ruiz, FUCaM |
| Social Security, Differential Fertility, and the Dynamics of the Earnings Distribution |
| [slides] |
| By Kai Zhao, Economics Department, University of Western Ontario. |
| Presented by: Kai(Jackie) Zhao, University of Western Ontario |
| Estimating a Multiple-Discrete Choice Models of Voluntary Local Public |
| [slides] |
| By Holger Sieg, Carnegie Mellon University Jipeng Zhang, University of Pittsburgh |
| Presented by: Holger Sieg, Carnegie Mellon University |
Session 71: Plenary IV: Dynamic Public Finance |
|---|
| Session Chair: Stephen Spear, Tepper School of Business |
| Date: June 21, 2008 |
| Time: 11:00 - 12:00 |
| Location: Mellon Auditorium |
| Dynamic Public Finance |
| [slides] |
| By Narayana Kocherlakota, University of Minnesota |
| Presented by: Narayana Kocherlakota, University of Minnesota |
| Dynamic Public Finance |
| By Kenneth Judd, Stanford University |
| Presented by: Kenneth Judd, Stanford University |
Session 72: Plenary III: Economics of Health Care |
|---|
| Session Chair: Martin Gaynor, Carnegie Mellon University |
| Date: June 21, 2008 |
| Time: 11:00 - 12:00 |
| Location: Room 152 |
| Economics of Health Care |
| By Daniel McFadden, University of California at Berkeley |
| Presented by: Daniel McFadden, University of California at Berkeley |
| Economics of Health Care |
| By Robert Town, University of Minnesota |
| Presented by: Robert Town, University of Minnesota |
Session 73: Market Structure |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Posner II |
| Platform reputation and optimal transaction fees under moral hazard |
| [slides] |
| By Guillaume Roger, USC Luis Vasconcelos, NOVA - Lisbon |
| Presented by: Guillaume Roger, The University of Southern California |
| Competitive Franchising |
| [slides] |
| By Brett Graham, University of Illinois Daniel Bernhardt, University of Illinois |
| Presented by: Brett Graham, University of Illinois |
| The Economics of Two-Sided Payment Card Market: Pricing, Adoption and Usage |
| [slides] |
| By James McAndrews, Federal Reserve Bank of New York Zhu Wang, Federal Reserve Bank of Kansas City |
| Presented by: Zhu Wang, Federal Reserve Bank of Kansas City |
Session 74: International Capital Market Frictions |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Cooper Auditorium |
| Emerging Markets in an Anxious Global Economy |
| By Ana Fostel, George Washington University John Geanakoplos, Yale University |
| Presented by: Ana Fostel, George Washington University |
| Financial Development and International Capital Flows |
| [slides] |
| By Juergen von Hagen, University of Bonn, Indiana University and CEPR Haiping Zhang, School of Economics, Singapore Management University |
| Presented by: Haiping Zhang, Singapore Management University |
| The High Correlations of Prices and Interest Rates across Nations |
| [slides] |
| By Finn Kydland UC Santa Barbara Espen Henriksen U of Oslo Roman Sustek Bank of England |
| Presented by: Espen Henriksen, University of Oslo |
Session 75: Preferences, Hedonics and Choice |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Grand Room |
| Risk or Loss Aversion? Evidence from Personnel Records |
| [slides] |
| By Emil P. Iantchev, Syracuse University |
| Presented by: Emil Iantchev, Syracuse University |
| Contract Enforcement, Fairness, and Involuntary Unemployment |
| By Steffen Altmann, IZA Bonn and University of Bonn Armin Falk, University of Bonn and IZA Bonn David Huffman, Swarthmore College and IZA Bonn |
| Presented by: david huffman, IZA |
| A Neuroeconomic Study of Social Observability and Personal Responsibility in Decision Making: An fMRI Experiment |
| By Jaroslaw Grygolec (University of Minnesota) Giorgio Coricelli (CNRS, Lyon, France) Aldo Rustichini (University of Minnesota) |
| Presented by: Jaroslaw Grygolec, University of Minnesota |
| Economic Growth and Happiness: Reassessing the Easterlin Paradox |
| By Betsey Stevenson, University of Pennsylvania Justin Wolfers, University of Pennsylvania |
| Presented by: Betsey Stevenson, University of Pennsylvania |
Session 76: Credit and Bankrupcy |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 343 |
| Insuring College Failure Risk |
| [slides] |
| By Satyajit Chatterjee, Federal Reserve Bank of Philadelphia Felicia Ionescu, Colgate University |
| Presented by: Felicia Ionescu, Colgate University |
| A Quantitative Theory of Information and Unsecured Credit |
| [slides] |
| By Kartik Athreya, Federal Reserve Bank of Richmond Xuan S Tam, University of Virginia Eric R Young, University of Virginia |
| Presented by: Kartik Athreya, Federal Reserve Bank of Richmond |
| The Role of Information in Consumer Debt and Bankruptcy |
| [slides] |
| By Juan M. Sanchez University of Rochester |
| Presented by: Juan Sanchez, University of Rochester |
| Maturity, Indebtedness and Default Risk |
| By Satyajit Chatterjee, Federal Reserve Bank of Philadelphia Burcu Eyigungor, Federal Reserve Bank of Philadelphia |
| Presented by: Satyajit Chatterjee, Federal Reserve Bank of Philadelphia |
Session 77: International Trade with Heterogeneous Firms |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Rachel Mellon Walton |
| Estimating the Gravity Model When Zero Trade Flows Are Frequent |
| By Will Martin, World Bank Cong Pham, World Bank and Deakin Univ, Australia |
| Presented by: William Martin, World Bank |
| Quality sorting and trade: Firm-level evidence for French wine |
| [slides] |
| By Matthieu Crozet, University of Reims Keith Head, University of British Columbia Thierry Mayer, University of Paris |
| Presented by: Keith Head, University of British Columbia |
| Location Decision of Heterogeneous Multinational Firms |
| [slides] |
| By Maggie X. Chen, George Washington University Michael O. Moore, George Washington University |
| Presented by: Maggie Chen, George Washington University |
Session 78: Macro Time Series |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Mellon Auditorium |
| Predicting the Fed's Target Rate Decisions |
| [slides] |
| By Heikki Kauppi University of Helsinki |
| Presented by: Heikki Kauppi, University of Helsinki |
| Is There Really a Cost Channel? Evidence from US data |
| [slides] |
| By Vasco J. Gabriel, Department of Economics, University of Surrey, UK and NIPE-UM. Luis F. Martins, Department of Quantitative Methods and UNIDE, ISCTE, Portugal. |
| Presented by: Vasco Gabriel, University of Surrey |
| Cointegrating Regressions with Messy Regressors: Missingness, Mixed Frequency, and Nonclassical Measurement Error |
| [slides] |
| By J. Isaac Miller, University of Missouri |
| Presented by: J. Isaac Miller, University of Missouri |
| Realized Volatility and Modeling Stock Returns as A Mixture of Normal Random Variables: The GARCH-Skew-t Model |
| [slides] |
| By Young Il Kim, Ohio State University |
| Presented by: Young Il Kim, Ohio State University |
Session 79: Dynamic General Equilibrium Theory I |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 145 |
| The Dynamics of Efficient Asset Trading with Heterogeneous Beliefs |
| By Pablo F. Beker, University of Warwick Emilio Espino, Universidad Torcuato Di Tella |
| Presented by: Pablo Beker, University of Warwick |
| Optimal Second Best Taxation of Addictive Goods |
| [slides] |
| By Luca Bossi University of Miami Pere Gomis-Porqueras University of Miami David L. Kelly University of Miami |
| Presented by: Luca Bossi, University of Miami |
| The Sorting Effect of Price Competition |
| By Jan Eeckhout, University of Pennsylvania Philipp Kircher, University of Pennsylvania |
| Presented by: Jan Eeckhout, University of Pennsylvania |
| The Optimal Inflation Target in an Economy with Limited Enforcement |
| [slides] |
| By Gaetano Antinolfi, Washington University in Saint Louis Costas Azariadis, Washington University in Saint Louis Jim Bullard, Federal Reserve Bank of Saint Louis |
| Presented by: Gaetano Antinolfi, Washington University |
Session 80: Random Matching and Search Models |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 146 |
| Random matching and aggregate uncertainty |
| [slides] |
| By Robert Molzon, University of Kentucky Daniela Puzzello, University of Illinois |
| Presented by: Daniela Puzzello, University of Illinois at Urbana-Champai |
| A random matching model with reported trading histories |
| By Tao Zhu, Cornell University Eliot Manner, University of Copenhagen |
| Presented by: Tao Zhu, Cornell University |
| Optimal Taxation in a Monetary Search Model with Informal Markets |
| [slides] |
| By Pere Gomis-Porqueras Department of Economics University of Miami Adrian Peralta-Alva Department of Economics University of Miami |
| Presented by: Pere Gomis-Porqueras, University of Miami |
| A Search-Theoretic Model of the Retail Market for Illegal Drugs |
| By Manolis Galenianos, Penn State Rosalie Pacula, Rand Nicola Persico, New York University |
| Presented by: Manolis Galenianos, Pennsylvania State University |
Session 81: Public Finance with Incomplete Information |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 153 |
| Optimal Provision of a Discrete Public Good: lineqr equilibria in the private-information subscription game |
| [slides] |
| By Stefano Barbieri, Tulane University David A. Malueg, University of California Riverside |
| Presented by: David Malueg, Tulane University |
| Efficient provision of multiple public goods with interdependent valuations |
| [slides] |
| By J.C. Carbajal-Ponce, Department of Economics, Washington University in St. Louis |
| Presented by: Juan Carbajal-Ponce, Washington University in St Louis |
| Optimal Taxation of Family Income with non-separable disutility of effort |
| By Luigi Balletta Yale University |
| Presented by: Luigi Balletta, Yale University |
Session 82: Wage Studies |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 151 |
| Employer Learning under Asymmetric Information: The Role of Job Mobility |
| By Ye Zhang, Indiana University-Purdue University Indianapolis |
| Presented by: Ye Zhang, Indiana University-Purdue University Indianapolis |
| A Formal Test of Assortative Matching in the Labor Market |
| By John M. Abowd (School of Labor and Industrial Relations Cornell University, NBER, CREST-INSEE, IZA) Francis Kramarz, (CREST-INSEE, CEPR, IZA, IFAU) Sebastien Perez-Duarte, (European Central Bank, CREST) Ian M. Schmutte, (Department of Economics, Cornell University) |
| Presented by: Ian Schmutte, Cornell University |
| Ability Bias and the Return to Schooling: A cohort Based Calculation |
| [slides] |
| By Baris Kaymak Université de Montéal |
| Presented by: Baris Kaymak, Universite de Montreal |
Session 83: Contracts 2 |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Posner I |
| Definable and Contractible Contracts |
| [slides] |
| By Michael Peters, University of British Columbia Balazs Szentes, University of Chicago |
| Presented by: Michael Peters, University of British Columbia |
| Optimal Contract in a Dynamic Agency Model with History-Dependent Participation Constraints |
| [slides] |
| By Stanimir Morfov, State University - Higher School of Economics |
| Presented by: Stanimir Morfov, State University - Higher School of Economics |
| Identifying the contract optimality without knowing functions: moral hazard and statistic inference I (parametric identification) |
| [slides] |
| By Rongzhu Ke Department of Economics, MIT |
| Presented by: Rongzhu Ke, MIT |
| News from the Informed Principal in Private-Value Environments |
| [slides] |
| By Tymofiy Mylovanov University of Bonn Thomas Troeger University of Bonn |
| Presented by: Tymofiy Mylovanov, University of Bonn |
Session 84: Decision Theory II |
|---|
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Simon Auditorium |
| Vector Expected Utility and Attitudes toward Variation |
| [slides] |
| By Marciano Siniscalchi, Northwestern University |
| Presented by: Marciano Siniscalchi, Northwestern University |
| Updating Ambiguity Averse Preferences |
| [slides] |
| By Eran Hanany, Tel Aviv University Peter Klibanoff, Northwestern University |
| Presented by: peter klibanoff, |
| Self-Control and Random Strotz Representations |
| [slides] |
| By Eddie Dekel, Northwestern University and Tel Aviv University Barton L. Lipman, Boston University |
| Presented by: Bart Lipman, Boston University |
Session 85: Bayesian Applications |
|---|
| Session Chair: Jean-Francois Richard, University of Pittsburgh |
| Date: June 21, 2008 |
| Time: 13:30 - 15:00 |
| Location: Room 152 |
| Oil and the Great Moderation |
| By Anton Nakov, Bank of Spain Andrea Pescatori, Federal Reserve Bank of Cleveland |
| Presented by: Andrea Pescatori, Federal Reserve Bank of Cleveland |
| Changes in the Distribution of Income Volatility |
| [slides] |
| By Shane T. Jensen, Wharton School Stephen H. Shore, Johns Hopkins |
| Presented by: Stephen Shore, Johns Hopkins University |
| A Bayesian Panel Data Approach to Explaining Market Beta Dynamics |
| [slides] |
| By Rob Bauer, Maastricht University Mathijs Cosemans, Maastricht University Rik Frehen, Maastricht University Peter Schotman, Maastricht University |
| Presented by: Mathijs Cosemans, |
Session 86: Decision-Making under Uncertainty: Portfolio Choice, Real Estate Investment, and Journal Submissions |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 151 |
| Risk Aversion and Portfolio Choice |
| [slides] |
| By Alessandro Bucciol, University of Padua Raffaele Miniaci, University of Brescia |
| Presented by: Alessandro Bucciol, University of Padua |
| How Well do Individuals Predict the Selling Prices of their Homes? |
| [slides] |
| By Hugo Benítez-Silva, SUNY-Stony Brook, IAE-CSIC, and FEDEA Selcuk Eren, Hamilton College Frank Heiland, Florida State University Sergi Jiménez-Martín, Universitat Pompeu Fabra, and FEDEA |
| Presented by: Frank Heiland, Florida State University |
| Social Learning and Real Estate Outcomes |
| By Graton Gathright, UC San Diego Chris Wignall, UC San Diego |
| Presented by: Christopher Wignall, UCSD |
| The Inside Scoop: Acceptance and Rejection at the JIE |
| [slides] |
| By Ivan Cherkashin, Department of Economics, The Pennsylvania State University. Svetlana Demidova Department of Economics, University of Georgia. Susumu Imai, Department of Economics, Queen's University. Kala Krishna Department of Economics, Pennsylvania State University and NBER. |
| Presented by: Ivan Cherkashin, Penn State University |
Session 87: Decision Theory III |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Simon Auditorium |
| Temptation and Self-Control as Duals |
| By John Stovall, University of Rochester |
| Presented by: John Stovall, University of Rochester |
| The Value of Useless Information |
| [slides] |
| By Larbi Alaoui University of Pennsylvania |
| Presented by: Larbi Alaoui, University of Pennsylvania |
| Innovation and acquisition information under time inconsistency and uncertainty |
| By Sophie Chemarin Ecole Polytechnique Paris Caroline Orset Université Laval |
| Presented by: Caroline Orset, Université Laval |
Session 88: Labor Market Dynamics |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 146 |
| Tough Love and Intergenerational Altruism |
| [slides] |
| By Vipul Bhatt, Fourth Year PhD Student, Department of Economics, Ohio State University. Masao Ogaki, Professor, Department of Economics, Ohio State University. |
| Presented by: Vipul Bhatt, The Ohio State University |
| The Persistence of Differences in Productivity, Wages, Skill Mixes and Profits Between Firms in a Rapidly Changing Environment |
| [slides] |
| By Katsuya Takii Osaka School of International Public Policy Osaka Unversity |
| Presented by: Katsuya Takii, Osaka University |
| Labor Market Connections, Minimum Wages, and Youth Employment |
| By Aspen Gorry, University of Chicago |
| Presented by: Aspen Gorry, University of Chicago |
| Demand Volatility and the Lag between Growth of Temporary and Permanent Employment |
| By Yukako Ono, Federal Reserve Bank of Chicago Qinghua Zhang, Beijing University |
| Presented by: Qinghua Zhang, Peking University |
Session 89: The Roles of Ability, Location and Measurement Error as Determinants of Labor Market Outcomes |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Grand Room |
| The Labor Supply of Married Women: Why Does It Differ Across U.S. Cities? |
| By Dan Black, University of Chicago and NORC Natalia Kolesnikova, Federal Reserve Bank of St. Louis Lowell Taylor, Carnegie Mellon University |
| Presented by: Natalia Kolesnikova, Federal Reserve Bank of St. Louis |
| Ability, Schooling Inputs, and Earnings: Evidence from the NELS |
| [slides] |
| By Ozkan Eren, University of Nevada, Las vegas |
| Presented by: Ozkan Eren, University of Nevada, Las Vegas |
| Measurement Error in Survey Data: Revisiting the Study of Income and Consumption Dynamics |
| [slides] |
| By Nayoung Lee, University of Southern California |
| Presented by: Nayoung Lee, University of Southern California |
| Residential Mobility, Heterogeneous Neighborhood effects and Educational Attainment of Blacks and Whites |
| [slides] |
| By Li Gan,Texas A&M University and NBER Yingning Wang,Texas A&M University |
| Presented by: Yingning Wang, Texas A&M University |
Session 90: Frontiers in Mechanism Design |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 153 |
| Stable Public Goods Mechanisms |
| [slides] |
| By Paul J. Healy, Ohio State Laurent Mathevet, Caltech |
| Presented by: Paul Healy, The Ohio State University |
| A Computer Testbed for Mechanism Design |
| [slides] |
| By Jasmina Arifovic, Simon Fraser University John Ledyard, Caltech |
| Presented by: John Ledyard, Caltech |
| Neuro-Mechanism Design for Public Goods |
| By Ian Krajbich, Caltech Humanities & Social Sciences Colin Camerer, Caltech Humanities & Social Sciences John Ledyard, Caltech Humanities & Social Sciences John O'Doherty, Caltech Computation & Neural Systems Antonio Rangel, Caltech Humanities & Social Sciences |
| Presented by: John Ledyard, Caltech |
| Unscheduled Appointments |
| [slides] |
| By R. Preston McAfee, Yahoo! Research and California Institute of Technology Alan D. Miller, California Institute of Technology |
| Presented by: Alan Miller, California Institute of Technology |
Session 91: Optimal Monetary Policy |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Mellon Auditorium |
| Optimal Inflation for the U.S. Economy |
| [slides] |
| By Roberto M. Billi (FRB Kansas City) |
| Presented by: Roberto Billi, FRB Kansas City |
| Unconditionally Optimal Monetary Policy |
| [slides] |
| By Tatiana Damjanovic, University of St.Andrews Vladislav Damjanovic, University of St.Andrews Charls Nolan, University of St.Andrews |
| Presented by: Tatiana Damjanovic, University of St. Andrews |
| Individual and Aggregate Money Demands: Theory and an Application to the Welfare Cost of Inflation |
| [slides] |
| By Andre C. Silva, Universidade Nova de Lisboa |
| Presented by: Andre Silva, Universidade Nova de Lisboa |
| Heterogeneous Price Setting Behavior and Monetary Non-neutrality: Some General Results |
| By Carlos Carvalho,Federal Reserve Bank of New York Felipe Schwartzman, Princeton University |
| Presented by: Carlos Carvalho, FRB of New York |
Session 92: Interconnection and Licensing |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner II |
| Optimal LIcensing of a Standard |
| [slides] |
| By Yann Ménière, Cerna, Ecole des mines de Paris, France. Sarah Parlane, University College Dublin, Ireland. |
| Presented by: Sarah Parlane, University College Dublin |
| Interconnecting Differentiated Networks |
| [slides] |
| By Alexei Alexandrov, University of Rochester |
| Presented by: Alexei Alexandrov, University of Rochester |
| Compatibility in Two-sided Markets |
| [slides] |
| By Chun-Hui Miao, University of south carolina |
| Presented by: Chun-Hui Miao, University of South Carolina |
Session 93: Time Series 2 |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 152 |
| Likelihood-Based Confidence Sets for the Timing of Structural Breaks |
| By Yunjong Eo, Washington University in St. Louis James C. Morley, Washington University in St. Louis |
| Presented by: Yunjong Eo, Washington University in St. Louis |
| Efficient Estimation Using the Characteristic Function |
| [slides] |
| By 1. Rachidi KOTCHONI, Université de Montréal, CIREQ, CIRANO 2. Marine Carrasco, Université de Montréal, CIREQ, CIRANO |
| Presented by: Rachidi KOTCHONI, Université de Montréal |
| Efficient Minimum Distance Estimation with Multiple Rates of Convergence |
| [slides] |
| By Bertille Antoine, Simon Fraser University Eric Renault, UNC at Chapel Hill, CIRANO and CIREQ |
| Presented by: Bertille Antoine, Simon Fraser University |
Session 94: Issues in PreK-12 Education |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Posner I |
| The Impact of Minimum Quality Standards on Firm Entry, Exit and Product Quality: The Case of the Child Care Market |
| [slides] |
| By V. Joseph Hotz, Duke University Mo Xiao, University of Arizona |
| Presented by: Mo Xiao, University of Arizona |
| Beyond Incentives: Do Schools use Accountability Rewards Productively? |
| [slides] |
| By Marigee Bacolod University of California, Irvine John DiNardo University of Michigan Mireille Jacobson University of California, Irvine |
| Presented by: Marigee Bacolod, University of California, Irvine |
| An Empirical Framework for Large-Scale Policy Analysis, with an Application to School Finance Reform in Michigan |
| [slides] |
| By Maria Marta Ferreyra Carnegie Mellon University |
| Presented by: Maria Ferreyra, Carnegie Mellon University |
Session 95: Housing, Prices, and Investments |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 343 |
| Housing Prices and Growth |
| [slides] |
| By James Kahn, Federal Reserve Bank of New York and New York University |
| Presented by: James Kahn, New York University |
| How Do Local Housing Market Cycles Affect Long-Term Wealth Accumulation? |
| [slides] |
| By Joseph Nichols, Board of Governors of the Federal Reserve System |
| Presented by: Joseph Nichols, Board of Governors of the Federal Reserv |
| Collateralized Borrowing: Illiquid Assets and Households' Precautionary Savings Motive |
| By Daniel Cooper (University of Michigan) Serena Ng (Columbia University and University of Michigan) |
| Presented by: Daniel Cooper, University of Michigan |
Session 96: International Debt and Default |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Cooper Auditorium |
| Default and the Maturity Structure in Sovereign Bonds |
| By Cristina Arellano, University of Minnesota Ananth Ramanarayanan, Federal Reserve Bank of Dallas |
| Presented by: Ananth Ramanarayanan, Federal Reserve Bank of Dallas |
| Government Reputation and Debt Repayment in Emerging Economies |
| By Pablo D'Erasmo, University of Texas at Austin |
| Presented by: Pablo D'Erasmo, University of Texas at Austin |
| A Solution to the Default Risk-Business Cycle Disconnect |
| By Enrique Mendoza,University of Maryland Vivian Z. Yue, New York University |
| Presented by: Vivian Zhanwei YUE, New York University |
Session 97: Trade and Political Economy |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Rachel Mellon Walton |
| Together or Alone in Lobbying for Trade Policy |
| [slides] |
| By Matilde Bombardini (The University of British Columbia, CIFAR, RCEA) Francesco Trebbi (University of Chicago GSB, NBER) |
| Presented by: Matilde Bombardini, The University of British Columbia |
| A Quantile Based Test of Protection for Sale Model |
| By Susumu Imai: Queen's University Hajime Katayama: University of Sydney Kala Krishna: Pennsylvania State University and NBER |
| Presented by: Susumu Imai, Queens University |
| Corruption and Bilateral Trade Flows: Extortion or Evasion? |
| [slides] |
| By Pushan Dutt INSEAD Daniel Traca Université Libre de Bruxelles |
| Presented by: Pushan Dutt, INSEAD |
| Testing the Conflicting Political Economy Theories of Trade Polices: The Cases of Full-fledged vs. Partial-scope RTAs |
| By Xuepeng Liu, Kennesaw State University |
| Presented by: Xuepeng Liu, Kennesaw State University |
Session 98: Dynamic General Equilibrium Theory II |
|---|
| Date: June 21, 2008 |
| Time: 15:30 - 17:00 |
| Location: Room 145 |
| The Behavior of the Saving Rate in the Neoclassical Optimal Growth Model |
| By Anastasia Litina, University of Macedonia Theodore Palivos, University of Macedonia |
| Presented by: Anastasia Litina, University of Macedonia |
| Politically Optimal Fiscal Policy |
| By Michael Kumhof, International Monetary Fund Irina Yakadina, International Monetary Fund |
| Presented by: Irina Yakadina, IMF |
| Cake Eating, Exhaustible Resource Extraction, Life-cycle Saving, and Non-atomic Games: Existence Theorems for a Class of Optimal Allocation Problems |
| [slides] |
| By Siu Fai Leung Hong Kong University of Science and Technology |
| Presented by: Siu Fai Leung, Hong Kong University of Science and Technology |
Session 99: Presidential Address |
|---|
| Session Chair: Bennett McCallum, Carnegie Mellon University |
| Date: June 21, 2008 |
| Time: 17:15 - 18:15 |
| Location: McConomy Auditorium |
| State Capacity, Conflict, and Development |
| By Torsten Persson, Stockholm University |
| Presented by: Torsten Persson, Stockholm University |
Session 100: Investment, Technology and the Demand for Factor Inputs |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 343 |
| The non-linear link between electricity consumption and temperature in Europe: a threshold panel approach |
| [slides] |
| By Marie Bessec, CGEMP, Université Paris Dauphine, France Julien Fouquau LEO, Université d'Orléans. |
| Presented by: Julien Fouquau, Laboratoire d'Economie d'Orléans |
| Estimating and Testing Idiosyncratic Equations Using Cross-Section Dependent Panel Data: Application to the Feldstein-Horioka Puzzle |
| [slides] |
| By Ryan Greenaway-McGrevy, Bureau of Economic Analysis Donggyu Sul, The University of Auckland Chirok Han, The University of Auckland |
| Presented by: Ryan Greenaway-McGrevy, Bureau of Economic Analysis |
| Financial Innovation and the Persistence of the Extensive Margin |
| By Kim P. Huynh, Indiana University |
| Presented by: Kim Huynh, Indiana University |
| Estimating Production Functions with Heterogeneous Firms |
| [slides] |
| By Amit Gandhi (University of Wisconsin-Madison) Salvador Navarro (University of Wisconsin-Madison) David Rivers (University of Wisconsin-Madison) |
| Presented by: Salvador Navarro, University of Wisconsin-Madison |
Session 101: Health, Saving and Insurance Decision Making |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Cooper Auditorium |
| Mind the Gap! Consumer Perceptions and Choices of Medicare |
| By Daniel McFadden, University of California, Berkeley Florian Heiss, University of Munich Joachim Winter, University of Munich |
| Presented by: Daniel McFadden, University of California at Berkeley |
| Are Households' Choices Consistent? Evidence from Insurance Data |
| By Levon Barseghyan (Cornell University) Jeffrey Prince (Cornell University) Joshua Teitelbaum (Cornell University) |
| Presented by: Jeffrey Prince, Cornell University |
| Non-Stackelberg outcomes in Stackelberg duopoly experiments: A parsimonious model and maximum likelihood estimation |
| [slides] |
| By Sau-Him Paul Lau (University of Hong Kong) Felix Leung (Hong Kong Institute of Economics and Business Strategy) |
| Presented by: Sau-Him Lau, University of Hong Kong |
Session 102: Empirical Public Economics |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner I |
| The Effect of Charter Schools on Achievement and Behavior of Non-Charter Students |
| [slides] |
| By Scott A. Imberman University of Houston |
| Presented by: Scott Imberman, University of Houston |
| Reporting Bias in Studies of the Food Stamp Program |
| By Bruce D. Meyer, University of Chicago and NBER James X. Sullivan, University of Notre Dame |
| Presented by: James Sullivan, University of Notre Dame |
| The Effect of Language at School on Identity and Political Outlooks |
| [slides] |
| By Oriol Aspachs, LSE and FMG Irma Clots-Figueras, Universidad Carlos III de Madrid Paolo Masella, EUI |
| Presented by: Paolo Masella, European University Institute |
| Does Unaffordable Housing Affect Employment Growth and Firm Formation? Evidence from California Cities |
| By Ritashree Chakrabarti, Department of Economics, Clark University Junfu Zhang, Department of Economics, Clark University |
| Presented by: Junfu Zhang, Clark University |
Session 103: Time Series 3 |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 151 |
| Modeling Expectations with Noncausal Autoregressions |
| [slides] |
| By Markku Lanne, University of Helsinki Pentti Saikkonen, University of Helsinki |
| Presented by: Markku Lanne, University of Helsinki |
| Bootstrapping stationary invertible VARMA models in echelon form: A simulation evidence |
| [slides] |
| By Tarek Jouini, Department of Economics, University of Windsor, ON Canada |
| Presented by: Tarek Jouini, University of Windsor |
| Median-Unbiased Estimation of Higher Order Autoregressive /Unit Root Processes and Autocorrelation-Consistent Covariance Estimation in a Money Demand Model |
| [slides] |
| By J. Huston McCulloch, Ohio State University |
| Presented by: J. Huston McCulloch, Ohio State University |
Session 104: Macroeconomics |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Posner II |
| Technology Shocks, Employment, and Labor Market Frictions |
| By Federico S. Mandelman, Federal Reserve Bank of Atlanta Francesco Zanetti, Bank of England |
| Presented by: Federico Mandelman, Federal Reserve Bank of Atlanta |
| A Flexible Finite Horizon Identification of Technology Shocks |
| By Michael T. Owyang, Federal Reserve Bank of St. Louis Neville Francis, University of North Carolina Jennifer Roush, Federal Reserve Board of Governors |
| Presented by: Michael Owyang, Federal Reserve Bank of St Louis |
| Understanding "Instability" in Aggregate Money Demand: An Approach based on a Life-Cycle Model of Household Portfolio Choice |
| By Drew Saunders, Purdue University |
| Presented by: Drew Saunders, Krannert School of Mgmt, Purdue Univ. |
| Resurrecting the Role of Real Money Balance Effects |
| [slides] |
| By Jose Dorich Universitat Pompeu Fabra |
| Presented by: José Dorich, Universitat Pompeu Fabra |
Session 105: Game Theory and Market Dynamics |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Simon Auditorium |
| Higher Order Beliefs in Dynamic Environments |
| [slides] |
| By Antonio Penta, University of Pennsylvania |
| Presented by: Antonio Penta, University of Pennsylvania |
| Knowing What You Can Implement Matters: A Life-cycle Theory of R&D and Markets for Knowledge |
| [slides] |
| By Kyriakos Frantzeskakis, University of Wisconsin at Madison Masako Ueda, University of Wisconsin at Madison |
| Presented by: Masako Ueda, University of Wisconsin at Madison |
| Heterogeneity in Social Networks and the Classical Theory of Public Goods |
| [slides] |
| By Dennis O'Dea, University of Illinois |
| Presented by: Dennis O'Dea, University of Illinois |
| Research Cycles |
| [slides] |
| By Yann Bramoulle, Laval University Gilles Saint-Paul, University of Toulouse |
| Presented by: Yann Bramoullé, Laval |
Session 106: Trade Liberalization, Inequality and Welfare |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 145 |
| Trade, Offshoring and Invisible Handshake |
| By Dr. Bilgehan Karabay, The Central Bank of the Republic of Turkey Prof. John McLaren, University of Virginia |
| Presented by: Bilgehan Karabay, Central Bank of Turkey |
| Job Turnover and International Trade: A General Equilibrium Analysis |
| [slides] |
| By George Alessandria (Federal Reserve Bank of Philadelphia) Horag Choi (University of Auckland) Alain Delacroix (UQAM) Nicolas Petrosky-Nadeau (UQAM) |
| Presented by: Alain Delacroix, public |
| Globalization: Intensive versus Extensive Margin |
| [slides] |
| By Alexander Tarasov The Pennsylvania State University |
| Presented by: Alexander Tarasov, The Pennsylvania State University |
| Financial Openness: Foreign Loans vs. FDI |
| By Beatriz de Blas Perez, Universidad Autonoma de Madrid Katheryn Russ, UC Davis and NBER |
| Presented by: Katheryn Russ, University of California, Davis |
Session 107: Contracting |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 152 |
| Before Death Do Us Part: On Efficient Contract Breakup and Partial Property Rights |
| By Bernhard Ganglmair, University of Zurich and IZA |
| Presented by: Bernhard Ganglmair, University of Zurich |
| Standard Breach Remedies, Quality Thresholds, and Cooperative Investments. |
| By Alexander Stremitzer University of Bonn |
| Presented by: Alexander Stremitzer, University of Bonn |
| When the Highest Bidder Loses the Auction: Theory and Evidence from Public Procurement |
| By Francesco Decarolis Department of Economics The Univeristy of Chicago |
| Presented by: Francesco Decarolis, The University of Chicago |
Session 108: Monetary Economics: Model Specification-2 |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Mellon Auditorium |
| The Sources of Fluctuations in Residential Investment: A View from a Policy-Oriented DSGE Model of the U.S. Economic |
| [slides] |
| By Rochelle M. Edge, Federal Reserve Board Michael T. Kiley, Federal Reserve Board Jean-Philippe Laforte, Federal Reserve Board |
| Presented by: Michael Kiley, Federal Reserve Board |
| Monetary Policy and Inventory Investment |
| [slides] |
| By Louis J. Maccini, Johns Hopkins University Bartholomew Moore,Fordham University,(submitting) Huntley Schaller, Carleton University |
| Presented by: Bartholomew Moore, Fordham University |
| Business Cycle Accounting for Monetary Economies |
| [slides] |
| By Roman Sustek, Bank of England |
| Presented by: Roman Sustek, Bank of England |
| Interest rate effects of demographic change in a new-Keynesian life-cycle framework |
| [slides] |
| By Engin Kara, National Bank of Belgium Leopold von Thadden, European Central Bank |
| Presented by: Leopold von Thadden, European Central Bank |
Session 109: Risk and Credit |
|---|
| Date: June 22, 2008 |
| Time: 9:00 - 10:30 |
| Location: Room 153 |
| A model of credit risk without commitment |
| By Juan Carlos Hatchondo, Federal Reserve Bank of Richmond Leonardo Martinez, Federal Reserve Bank of Richmond |
| Presented by: Leonardo Martinez, Federal Reserve Bank of Richmond |
| Equity Financing |
| By Alexis Anagnostopoulos, SUNY Stony Brook Eva Carceles-Poveda, SUNY Stony Brook and IAE Albert Marcet, IAE |
| Presented by: Alexis Anagnostopoulos, Stony Brook University |
| The Case for Intensive Skill-Biased Technological Change |
| [slides] |
| By Stuart J Fowler, MTSU Jennifer J Wilgus, Belmont |
| Presented by: Stuart Fowler, Middle Tennessee State Univ |
| Asset Trading and Valuation with Uncertain Exposure |
| [slides] |
| By Juan Carlos Hatchondo, Richmond Fed. Per Krusell, Princeton University. Martin Schneider, NYU and Minneapolis Fed. |
| Presented by: Juan Hatchondo, Federal Reserve Bank of Richmond |
Session 110: Time Series 4 |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Room 151 |
| Investigating Inflation Persistence in the ACF Domain |
| By Giovanni Caggiano, Efrem Castelnuovo University of Padua, University of Padua |
| Presented by: Giovanni Caggiano, University of Padua |
| Long-term vs. short-term comovements in stock markets: the use of Markov-switching multifractal models |
| [slides] |
| By Julien Idier Université Paris1 Banque de France |
| Presented by: Julien Idier, Banque de France & Université Paris 1 |
| Information in the Revision Process of Real-Time Datasets |
| By Norman Swanson - Rutgers University Valentina Corradi - Warwick University Andres Fernandez - Rutgers University |
| Presented by: Norman Swanson, Rutgers University |
Session 111: New Directions in Mechanism Design |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Cooper Auditorium |
| Buyer heterogeneity and competing mechanisms |
| By Gabor Virag, University of Rochester, Economics Dept. |
| Presented by: Gabor Virag, University of Rochester |
| Publicly Achieving Privacy and Trust In Mediated Normal-Form Mechanisms |
| By Sergei Izmalkov, MIT, Economics Matt Lepinski, BBN Technologies Silvio Micali, MIT, CSAIL |
| Presented by: Sergei Izmalkov, MIT |
| Cardinal Bayesian Allocation Mechanisms without Transfers |
| [slides] |
| By Antonio Miralles, Boston University |
| Presented by: Antonio Miralles, Boston University |
Session 112: Empirical International Trade |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Room 145 |
| Differentiated Products and Evasion of Import Tariffs |
| [slides] |
| By Beata S. Javorcik University of Oxford Gaia Narciso Trinity College Dublin |
| Presented by: Gaia Narciso, Trinity College Dublin |
| Plant Scale and Exchange-Rate-Induced Productivity Growth |
| [slides] |
| By Loretta Fung, University of Alberta Jen Baggs, University of Victoria Eugene Beaulieu, University of Calgary |
| Presented by: Loretta Fung, University of Alberta |
| Services FDI and Manufacturing Productivity Growth: There is a Link |
| [slides] |
| By Ana Margarida Fernandes, The World Bank Caroline Paunov, Queen Mary, University of London |
| Presented by: Ana Fernandes, World Bank |
| Cyclical Dumping and US Antidumping Protection: 1980-2001 |
| [slides] |
| By Meredith Crowley, Federal Reserve Bank of Chicago |
| Presented by: Meredith Crowley, Federal Reserve Bank of Chicago |
Session 113: Household Risk and Consumption |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Room 153 |
| Life-Cycle Earnings and Productivity Risk: A Cross-Country Comparison |
| By Christian Bayer, IGIER, Università Commerciale L. Bocconi Falko Juessen, Technische Universität Dortmund and IZA |
| Presented by: Falko Juessen, Technische Universität Dortmund and IZA |
| The Shifting Shape of Risk: Endogenous Market Failure for Insurance |
| [slides] |
| By Thomas G. Koch, University of California, Santa Barbara |
| Presented by: Thomas Koch, University of California, Santa Barbara |
| Lifecycle Dynamics of Income Uncertainty and Consumption |
| By Jim Feigenbaum, Economics Department, University of Pittsburgh Geng Li, Federal Reserve Board |
| Presented by: Geng Li, The Federal Reserve Board |
Session 114: Social Networks |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Simon Auditorium |
| A Structural Model of Social Network Formation (Residential Segregation and Interracial Friendship in Schools) |
| By Angelo Mele University of Illinois at Urbana-Champaign |
| Presented by: Angelo Mele, Univ of Illinois at Urbana-Champaign |
| Team Incentives for Managing Competition and Exploiting Strategic Interactions Between Agents |
| [slides] |
| By Jaesoo Kim Michigan State University |
| Presented by: Jaesoo Kim, Michigan State University |
| Reputation transmission in social networks |
| By Graton Gathright, UC San Diego Joel Watson, UC San Diego |
| Presented by: Graton Gathright, University of California--San Diego |
Session 115: Estimating Dynamic Models with Panel Data |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Room 343 |
| Interdependent Durations |
| By Aureo de Paula (University of Pennsylvania) Bo Honore (Princeton University) |
| Presented by: Aureo De Paula, University of Pennsylvania |
| Inference with Dependent Data Using Cluster Covariance Estimators |
| By C. Alan Bester (Chicago GSB) Timothy G. Conley (Chicago GSB) Christian Hansen (Chicago GSB) |
| Presented by: Alan Bester, Chicago GSB |
| Efficient Estimation of Non-Linear Dynamic Panel Data Models with Application to Smooth Transition Models |
| By Tue Gørgens, Economics Program, RSSS, The Australian National University Christopher L Skeels, Department of Economics, The University of Melbourne Allan H Würtz, School of Economics and Management, University of Aarhus |
| Presented by: Christopher Skeels, The University of Melbourne |
| Quantile Regression for Dynamic Panel Data |
| [slides] |
| By Antonio F. Galvao University of Illinois at Urbana-Champaign |
| Presented by: Antonio Galvao, Univ. of Illinois at Urbana-Champaign |
Session 116: Female Labor Supply and Fertility |
|---|
| Date: June 22, 2008 |
| Time: 11:00 - 12:30 |
| Location: Posner II |
| The Effect of Household Appliances on Female Labor Force Participation: Evidence from Micro Data |
| By Daniele Coen-Pirani (Carnegie Mellon University) Alexis Leon (University of Pittsburgh) Steven Lugauer (Carnegie Mellon University) |
| Presented by: Daniele Coen-Pirani, Carnegie Mellon University |
| A Good Job or A Rich Spouse? An Analysis of the Labor and Marriage Markets in the US, 1960-2000 |
| [slides] |
| By Stefania Marcassa University of Minnesota and Federal Reserve Bank of Minneapolis |
| Presented by: Stefania Marcassa, University of Minnesota and Minneapolis FED |
| Fertility choice in a lifecycle model with idiosyncratic uninsurable earnings risk |
| [slides] |
| By Kamila Vetechova, Georgetown University |
| Presented by: Kamila Vetechova, Georgetown University |
| The Evolution of Population, Technology and Output |
| [slides] |
| By Galindev Ragchaasuren Queens University Belfast |
| Presented by: Galindev Ragchaasuren, Queens University Belfast |
This program was last updated on 2008-10-15 10:33:8 EDT