2007 North American Winter Meetings of the Econometric Society |
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Summary of All Sessions |
| # | Date/Time | Location | Type | Title | Papers | Organizer |
|---|---|---|---|---|---|---|
| 1 | January 5, 2007 2:30-4:30 | Summit-Room 9 | invited | Issues in Multiple Agent Economies | 4 | Jose-Victor Rios-Rull |
| 2 | January 5, 2007 2:30-4:30 | Summit-Room 10 | contributed | Technology and Business Cycles | 4 | Ellen McGrattan |
| 3 | January 5, 2007 2:30-4:30 | Summit-Room 1A | invited | The Development and Labor Market Significance of Noncognitive Skills | 4 | Petra Todd |
| 4 | January 5, 2007 2:30-4:30 | Summit-Room 3 | contributed | Productivity and the Firm | 4 | Thomas Holmes |
| 5 | January 5, 2007 2:30-4:30 | Summit-Room 1B | invited | International Fluctuations: Cycles and Crises | 4 | Patrick Kehoe |
| 6 | January 5, 2007 2:30-4:30 | Summit-Room 7 | contributed | Information Transmission in Organizations | 4 | Antonio Merlo |
| 7 | January 5, 2007 8:00-10:00 | Summit-Room 1B | contributed | Microeconometrics | 4 | Yuichi Kitamura |
| 8 | January 5, 2007 8:00-10:00 | Summit-Room 9 | invited | Wage Dynamics | 4 | Jean-Marc Robin |
| 9 | January 5, 2007 8:00-10:00 | Summit-Room 3 | contributed | Semiparametric/Nonparametric Methods | 4 | Yuichi Kitamura |
| 10 | January 5, 2007 8:00-10:00 | Summit-Room 10 | invited | Firms' Behavior, Financial Imperfections, and the Macroeconomy | 4 | Patrick Kehoe |
| 11 | January 5, 2007 8:00-10:00 | Summit-Room 1A | contributed | Defaults | 4 | Antonio Merlo |
| 12 | January 5, 2007 8:00-10:00 | Summit-Room 7 | invited | Empirical and Experimental Studies of Strategic Voting | 4 | Thomas Palfrey |
| 13 | January 5, 2007 10:15-12:15 | Summit-Room 1B | contributed | Volatility and Jumps | 4 | Erzo Luttmer |
| 14 | January 5, 2007 10:15-12:15 | Summit-Room 1A | contributed | The Modern Workplace: Firm Organization, Worker Training and Job Characteristics | 4 | Petra Todd |
| 15 | January 5, 2007 10:15-12:15 | Summit-Room 10 | invited | Retirement and Health | 4 | John Rust |
| 16 | January 5, 2007 10:15-12:15 | Summit-Room 3 | invited | Insitutional Dynamics | 4 | Antonio Merlo |
| 17 | January 5, 2007 10:15-12:15 | Summit-Room 7 | invited | Inflation and Monetary Policy | 4 | Nobuhiro Kiyotaki |
| 18 | January 5, 2007 10:15-12:15 | Summit-Room 9 | contributed | Dynamic Models in Industrial Organization | 3 | Philip Haile |
| 19 | January 6, 2007 2:30-4:30 | Summit-Room 1A | contributed | Asset Pricing | 4 | Erzo Luttmer |
| 20 | January 6, 2007 2:30-4:30 | Summit-Room 10 | invited | Housing | 3 | Antonio Merlo |
| 21 | January 6, 2007 2:30-4:30 | Summit-Room 3 | invited | Foreign Direct Investment: Causes and Consequences | 3 | Robert Feenstra |
| 22 | January 6, 2007 2:30-4:30 | Summit-Room 1B | invited | Long-run and Short-run Implications of International Financial Integration | 4 | Enrique G. Mendoza |
| 23 | January 6, 2007 2:30-4:30 | Summit-Room 9 | invited | Modeling Bounded Rationality in Games | 4 | Thomas Palfrey |
| 24 | January 6, 2007 8:00-10:00 | Summit-Room 1A | contributed | Public Economics | 4 | Russell Cooper |
| 25 | January 6, 2007 8:00-10:00 | Summit-Room 10 | invited | Structural Estimation: Theory and Applications | 4 | John Rust |
| 26 | January 6, 2007 8:00-10:00 | Summit-Room 3 | invited | Structural Change, Trade, and Growth | 4 | Caroline Betts |
| 27 | January 6, 2007 8:00-10:00 | Summit-Room 1B | invited | Empirical Likelihood and GMM | 4 | Yuichi Kitamura |
| 28 | January 6, 2007 8:00-10:00 | Summit-Room 9 | invited | Industrial Organization of Health Care Markets | 4 | Philip Haile |
| 29 | January 6, 2007 10:15-12:15 | Summit-Room 1B | invited | Financing Constraints and Aggregate Economy | 4 | Nobuhiro Kiyotaki |
| 30 | January 6, 2007 10:15-12:15 | Summit-Room 9 | contributed | Trade and Productivity | 4 | Timothy Kehoe |
| 31 | January 6, 2007 10:15-12:15 | Summit-Room 10 | contributed | Measuring Welfare Gains | 3 | Ellen McGrattan |
| 32 | January 6, 2007 10:15-12:15 | Summit-Room 3 | contributed | Ambiguity and disagreement | 4 | George Mailath |
| 33 | January 6, 2007 10:15-12:15 | Summit-Room 1A | invited | Monetary Theory and Evidence | 3 | Robert Lucas |
| 34 | January 7, 2007 1:00-3:00 | Summit-Room 1A | invited | Development, marriage, and the value of women | 4 | Andrew Foster |
| 35 | January 7, 2007 1:00-3:00 | Summit-Room 10 | invited | Global Games | 4 | Stephen Morris |
| 36 | January 7, 2007 1:00-3:00 | Summit-Room 3 | invited | Exchange Rates and Prices | 4 | Caroline Betts |
| 37 | January 7, 2007 1:00-3:00 | Summit-Room 1B | invited | Business Cycles and Labor markets | 3 | Jose-Victor Rios-Rull |
| 38 | January 7, 2007 1:00-3:00 | Summit-Room 9 | contributed | Spatial Economics | 4 | Thomas Holmes |
| 39 | January 7, 2007 8:00-10:00 | Summit-Room 3 | contributed | Labor Market Dynamics | 3 | Petra Todd |
| 40 | January 7, 2007 8:00-10:00 | Summit-Room 1B | contributed | Open Economy Macroeconomics | 4 | Fabrizio Perri |
| 41 | January 7, 2007 8:00-10:00 | Summit-Room 10 | contributed | Evaluation of Public Policies | 4 | Jean-Marc Robin |
| 42 | January 7, 2007 8:00-10:00 | Summit-Room 9 | contributed | Game Theory | 3 | George Mailath |
| 43 | January 7, 2007 8:00-10:00 | Summit-Room 7 | invited | Macroeconomic Effects of Financial Frictions in Emerging Markets | 4 | Enrique G. Mendoza |
| 44 | January 7, 2007 8:00-10:00 | Summit-Room 1A | contributed | Dynamic Factor Demand | 4 | Russell Cooper |
| 45 | January 7, 2007 10:15-12:15 | Summit-Room 10 | invited | Conflict and Cooperation | 4 | Stephen Morris |
| 46 | January 7, 2007 10:15-12:15 | Summit-Room 3 | invited | Aspects of Structural Transformations | 4 | Richard Rogerson |
| 47 | January 7, 2007 10:15-12:15 | Summit-Room 7 | invited | New perspectives on market failure and development | 4 | Andrew Foster |
| 48 | January 7, 2007 10:15-12:15 | Summit-Room 1B | contributed | Trade, Foreign Investment, and Globalization | 4 | Timothy Kehoe |
| 49 | January 7, 2007 10:15-12:15 | Summit-Room 9 | invited | Product Variety and Quality in Trade | 4 | Robert Feenstra |
| 50 | January 7, 2007 10:15-12:15 | Summit-Room 1A | contributed | Political Economy | 4 | Antonio Merlo |
50 sessions, 192 papers |
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|   |
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2007 North American Winter Meetings of the Econometric Society |
Complete List of All Sessions |
Session 1: Issues in Multiple Agent Economies |
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| Session Organizer: Jose-Victor Rios-Rull, University of Pennsylvania |
| Session Chair: Xavier Mateos-Planas, University of Southampton |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 9 |
|   |
| A model of credit limits and bankruptcy with applications to welfare and indebtedness |
| By Xavier Mateos-Planas, SUNY at Stony Brook (U.S.) and University of Southampton (U.K.) |
| Presented by: Xavier Mateos-Planas, University of Southampton |
| Discussant: Yaz Terajima, Bank of Canada |
|   |
| Firm Life-Cycle Dynamics and Productivity |
| By Danny Leung, Bank of Canada Cesaire Meh, Bank of Canada Yaz Terajima, Bank of Canada |
| Presented by: Yaz Terajima, Bank of Canada |
| Discussant: Irina Telyukova, University of Pennsylvania |
|   |
| The tax treatment of homeowners and landlords |
| By Matthew Chambers Towson University Carlos Garriga Florida State University |
| Presented by: Carlos Garriga, Florida State University |
| Discussant: Gustavo Ventura, Pennsylvania State University |
|   |
| Taxation, Aggregates and the Household |
| By Gustavo Ventura, Pennsylvania State University Nezih Guner, Universidad Carlos III Remzi Kaygusuz, Pennsylvania State University |
| Presented by: Gustavo Ventura, Pennsylvania State University |
| Discussant: Carlos Garriga, Florida State University |
Session 2: Technology and Business Cycles |
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| Session Organizer: Ellen McGrattan, Federal Reserve Bank of Minneapolis |
| Session Chair: R. Braun, University of Tokyo |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 10 |
|   |
| The Response of Hours to Technology Shocks: Much Ado About Nothing? |
| By Thomas Laubach Board of Governors of the Federal Reserve System John C. Williams Federal Reserve Bank of San Francisco |
| Presented by: John Williams, Federal Reserve Bank of San Francisco |
| Discussant: Agostino Consolo, Bocconi University |
|   |
| What Happens When MFP Grows Faster in the IT Sector? |
| By Dale Henderson, Federal Reserve Board Jinill Kim, Federal Reserve Board Luca Guerrieri, Federal Reserve Board |
| Presented by: Dale Henderson, Federal Reserve Board |
|   |
| Rational Inattention and Aggregate Fluctuations |
| By Yulei Luo, The University of Hong Kong Eric Young, The University of Virginia |
| Presented by: Yulei Luo, public |
| Discussant: Matthias Paustian, Bowling Green State University |
|   |
| U.S. R&D and Japanese Medium Term Cycles |
| By R. Anton Braun University of Tokyo Toshihiro Okada Kwansei Gakuin University Nao Sudou Bank of Japan and Boston University |
| Presented by: R. Braun, University of Tokyo |
Session 3: The Development and Labor Market Significance of Noncognitive Skills |
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| Session Organizer: Petra Todd, University of Pennsylvania |
| Session Chair: James Heckman, The University of Chicago |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 1A |
|   |
| Misbehavior, Education and Labor Market Outcomes |
| By Carmit Segal, Harvard Business School |
| Presented by: Carmit Segal, Harvard Business School |
|   |
| The Economics of Noncognitive Skills |
| By Allard Bruinshoofd, Maastricht University James J. Heckman, University of Chicago Bas ter Weel, Maastricht University |
| Presented by: Bas ter Weel, University of Maastricht |
|   |
| Estimating the Elasticity of Substitution Between Early and Late Investments in the Technology of Cognitive and Noncognitive Skill Formation |
| By Flavio Cunha, University of Chicago James J. Heckman, University of Chicago Susanne Schennach, University of Chicago |
| Presented by: Susanne Schennach, University of Chicago |
|   |
| The Role of Abilities and Schooling Choices in Explaining Racial Labor Market Gaps |
| By Sergio Urzua |
| Presented by: Sergio Urzua, University of Chicago |
Session 4: Productivity and the Firm |
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| Session Organizer: Thomas Holmes, University of Minnesota |
| Session Chair: Thomas Holmes, University of Minnesota |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 3 |
|   |
| Why Is Scale So Important in Vertical Integration? |
| By Ali Hortacsu, University of Chicago and NBER Chad Syverson, University of Chicago and NBER |
| Presented by: Chad Syverson, |
| Discussant: Thomas Holmes, University of Minnesota |
|   |
| Structural Identification of Production Functions |
| By Daniel Ackerberg, UCLA Kevin Caves, Deloitte and Touche Garth Frazer, University of Toronto |
| Presented by: Daniel Ackerberg, UCLA |
| Discussant: Amil Petrin, University of Chicago |
|   |
| A Flexible Approach to Estimating Production Functions When Output Prices and Quantities are Unobserved |
| By Dennis Epple, Carnegie Mellon University Brett Gordon, Carnegie Mellon University Holger Sieg, Carnegie Mellon University |
| Presented by: Holger Sieg, Carnegie Mellon University |
| Discussant: Mark Roberts, Pennsylvania State University |
|   |
| Do Firms Maximize Profits? Suboptimal Replacement Decisions by a Profitable Car Rental Company |
| By Sungjin Cho, Hanyang University John Rust, University of Maryland |
| Presented by: John Rust, University of Maryland |
| Discussant: Adam Copeland, Department of Commerce |
Session 5: International Fluctuations: Cycles and Crises |
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| Session Organizer: Patrick Kehoe, Federal Reserve Bank of Minneapolis |
| Session Chair: Doireann Fitzgerald, Stanford University |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 1B |
|   |
| Trade Costs, Asset Market Frictions and Risk Sharing: A Joint Test |
| By Doireann Fitzgerald, UC-Santa Cruz |
| Presented by: Doireann Fitzgerald, Stanford University |
| Discussant: Miklos Koren, Fed Reserve Bank of New York |
|   |
| What Are the Driving Forces of International Business Cycles? |
| By Mario J. Crucini, Vanderbilt University M. Ayhan Kose, International Monetary Fund Christopher Otrok, University of Virginia |
| Presented by: Christopher Otrok, University of Virginia |
| Discussant: Vivian Zhanwei Yue, New York University |
|   |
| Fiscal Policy and Macroeconomic Uncertainty in Emerging Markets: The Tale of the Tormented Insurer |
| By Enrique G. Mendoza (University of Maryland, NBER and International Monetary Fund) P Marcelo Oviedo (Iowa State University) |
| Presented by: Marcelo Oviedo, Iowa State University |
| Discussant: Yan Bai, private |
|   |
| Averting a Fiscal Financial Crisis within the EMU |
| By Betty C. Daniel University at Albany - SUNY |
| Presented by: Betty Daniel, State University of New York |
| Discussant: Espen Henriksen, University of Oslo |
Session 6: Information Transmission in Organizations |
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| Session Organizer: Antonio Merlo, University of Pennsylvania |
| Session Chair: Amil Dasgupta, London School of Economics |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 7 |
|   |
| Credulity, Lies, and Costly Talk |
| By Navin Kartik (UC San Diego) Marco Ottaviani (London Business School) Francesco Squintani (University College London) |
| Presented by: Navin Kartik, University of California San Diego |
|   |
| The incentives of a monopolist to degrade interoperability |
| By Christos Genakos University of Cambridge and Centre for Economic Performance Kai-Uwe Kuhn University of Michigan and CEPR John Van Reenen London School of Economics |
| Presented by: John Van Reenen, |
|   |
| Who Gets to the Top: Generalists versus Specialists in Organizations |
| By Daniel Ferreira, Universidade Nova de Lisboa Raaj Sah, University of Chicago |
| Presented by: Daniel Ferreira, Universidade Nova de Lisboa |
|   |
| Asset Price Dynamics When Traders Care About Reputation |
| By Amil Dasgupta, LSE and CEPR Andrea Prat, LSE and CEPR |
| Presented by: Amil Dasgupta, London School of Economics |
Session 7: Microeconometrics |
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| Session Organizer: Yuichi Kitamura, Yale University |
| Session Chair: Ivan Fernandez-Val, Boston University |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1B |
|   |
| An Improved Nonparametric Entropy Estimator for Serial Dependence |
| By Yongmiao Hong, Cornell University Wenjie Zhang, Cornell University |
| Presented by: Yongmiao Hong, |
|   |
| A Simple Way to Calculate Confidence Intervals for Partially Identified Parameters |
| By Tiemen Woutersen Johns Hopkins University |
| Presented by: Tiemen Woutersen, private |
|   |
| Identification of Binary Outcome Distributions with Multiplicative Contamination |
| By Brent Kreider (Iowa State Univ) John Pepper (Univ of Virginia) |
| Presented by: John Pepper, University of Virginia |
|   |
| Bias Corrections for Two-Step Fixed Effects Panel Data Estimators |
| By Ivan Fernandez-Val, Boston University Frank Vella, Georgetown |
| Presented by: Ivan Fernandez-Val, Boston University |
Session 8: Wage Dynamics |
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| Session Organizer: Jean-Marc Robin, U. of Paris 1, UCL, IFS and CEPR |
| Session Chair: Joseph Altonji, Yale University |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 9 |
|   |
| Wage risk and employment risk over the life cycle |
| By Hamish Low (University of Cambridge) Costas Meghir (University College London) Luigi Pistaferri (Stanford University) |
| Presented by: Luigi Pistaferri, Stanford University |
|   |
| Modeling Earnings Dynamics |
| By Joseph G. Altonji, Yale University Anthony A. Smith, Yale University Ivan Vidangos, Yale University |
| Presented by: Joseph Altonji, Yale University |
|   |
| A Feasible Equilibrium Model of Individual Wage Dynamics With Human Capital Accumulation |
| By Jesper Bagger University of Aarhus, Dk Francois Fontaine University of Strasbourg Fabien Postel-Vinay University of Bristol and PSE Jean-Marc Robin University of Paris 1 and UCL |
| Presented by: Fabien Postel-Vinay, University of Bristol |
|   |
| The Returns to Seniority in France (and Why Are They Lower than in the U.S.?) |
| By Magali Beffy CREST-INSEE Moshe Buchinsky UCLA Denis Fougère CREST-INSEE Thierry Kamionka CREST-INSEE Francis Kramarz CREST-INSEE |
| Presented by: Francis Kramarz, Crest-Insee |
Session 9: Semiparametric/Nonparametric Methods |
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| Session Organizer: Yuichi Kitamura, Yale University |
| Session Chair: Eric Renault, |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 3 |
|   |
| Semiparametric Power Envelopes for Tests of the Unit Root Hypothesis |
| By Michael Jansson, UC Berkeley |
| Presented by: Michael Jansson, University of California, Berkeley |
|   |
| Semi-Parametric Estimation of the Taste Distribution in Random Coefficients Logit Models |
| By Matthew Harding, MIT and Harvard Jerry Hausman, MIT |
| Presented by: Jerry Hausman, MIT |
|   |
| Estimating linear functionals of nonparametric regression models with endogenous regressors |
| By Thomas A. Severini Department of Statistics Northwestern University Gautam Tripathi Department of Economics University of Connecticut |
| Presented by: Gautam Tripathi, University of Connecticut – Storrs |
|   |
| Instrumental variables estimators based on principal components |
| By Marine Carrasco, Universite de Montreal |
| Presented by: Marine Carrasco, Universite de Montreal |
Session 10: Firms' Behavior, Financial Imperfections, and the Macroeconomy |
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| Session Organizer: Patrick Kehoe, Federal Reserve Bank of Minneapolis |
| Session Chair: Vivian Zhanwei Yue, New York University |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 10 |
|   |
| Interest Rate Swaps and Corporate Swap |
| By Vivian Z. Yue New York University, Urban Jermann University of Pennsylvania |
| Presented by: Vivian Zhanwei Yue, New York University |
| Discussant: Adrien Verdelhan, Boston University |
|   |
| Enforcement, Incomplete Contracts and Firms |
| By Cristina Arellano, University of Minnesota Yan Bai, Arizona State University, and Jing Zhang, University of Michigan |
| Presented by: Cristina Arellano, public |
| Discussant: Erwan Quintin, Dallas Fed |
|   |
| Imports and Productivity |
| By Miklos Koren Federal Reserve Bank of New York, Laszlo Halpern Hungarian Academy of Sciences, Adam Szeidl University of California - Berkeley |
| Presented by: Miklos Koren, Fed Reserve Bank of New York |
| Discussant: Doireann Fitzgerald, Stanford University |
|   |
| Post-war capital restrictions, demographics and welfare costs |
| By Espen Henriksen University of Oslo |
| Presented by: Espen Henriksen, University of Oslo |
| Discussant: Marcelo Oviedo, Iowa State University |
Session 11: Defaults |
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| Session Organizer: Antonio Merlo, University of Pennsylvania |
| Session Chair: Rod Garratt, University of California |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1A |
|   |
| How much debtors' punishment? |
| By Aloisio Araujo, IMPA and Getúlio Vargas Foundation Bruno Funchal, Getúlio Vargas Foundation |
| Presented by: Bruno Funchal, Getulio Vargas Foundation |
|   |
| The Time Structure of Price Impact |
| By Marzena J. Rostek, University of Wisconsin-Madison Marek Weretka, University of Wisconsin-Madison |
| Presented by: Marzena Rostek, University of Wisconsin-Madison |
|   |
| Empirical Testing of Adverse Selection and Moral Hazard in the Consumer Credit Card Market |
| By Yingyao Hu, UT Austin Wei Tan, SUNY Stony Brook |
| Presented by: Wei Tan, State University of New York at Stony Brook |
|   |
| Bank Runs as Coordination Failures: An Experimental Study |
| By Rod Garratt, Department of Economics, University of California, Santa Barbara, CA 93106 Todd Keister, Federal Reserve Bank of New York |
| Presented by: Rod Garratt, University of California |
Session 12: Empirical and Experimental Studies of Strategic Voting |
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| Session Organizer: Thomas Palfrey, Princeton University |
| Session Chair: John Duffy, University of Pittsburgh |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 7 |
|   |
| The Paradox of Voter Participation: An Experimental Study |
| By David K. Levine, UCLA Thomas Palfrey, Princeton |
| Presented by: D. Levine, UCLA |
| Discussant: Michael Conlin, Michigan State University |
|   |
| Beliefs and Voting Decisions: A Test of the Pivotal Voter Model |
| By John Duffy, University of Pittsburgh Margit Tavits, University of Missouri |
| Presented by: John Duffy, University of Pittsburgh |
| Discussant: Marco Battaglini, Princeton University |
|   |
| The Swing Voter's Curse in the Laboratory |
| By Marco Battaglini, Princeton Rebecca Morton, NYU Thomas Palfrey, Princeton |
| Presented by: Marco Battaglini, Princeton University |
| Discussant: John Duffy, University of Pittsburgh |
|   |
| The Performance of the Pivotal Voter Model in Small-scale Elections: Evidence from Texas Liquor Referenda |
| By Stephen Coate, Cornell University Michael Conlin, Michigan State University Andrea Moro, Federal Reserve Bank of New York |
| Presented by: Stephen Coate, Cornell University |
| Discussant: D. Levine, UCLA |
Session 13: Volatility and Jumps |
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| Session Organizer: Erzo Luttmer, University of Minnesota |
| Session Chair: Torben Andersen, Northwestern Univeristy, Kellogg School |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1B |
|   |
| Realized Jumps on Financial Markets and Predicting Credit Spreads |
| By George Tauchen, Duke University Hao Zhou, Federal Reserve Board |
| Presented by: Hao Zhou, Federal Reserve Board |
|   |
| A New Test for Jumps in Asset Prices |
| By George J. Jiang, Finance Department, Eller College of Management, University of Arizona, Tucson, Arizona 85721-0108. E-mail: gjiang@eller.arizona.edu. |
| Presented by: George Jiang, U. of Arizona/York U. |
|   |
| Forecasting Intraday Volatility in the US Equity Market. Multiplicative Component GARCH |
| By Robert F. Engle, Magdalena E. Sokalska and Ananda Chanda |
| Presented by: Magdalena Sokalska, University of California-San Diego (Warsaw School of Economics) |
|   |
| The Economic Determinants of Interest Rate Volatility in the U.S. Treasury Market |
| By Torben G. Andersen, Kellogg School, Northwestern University Luca Benzoni, Carlson School, University of Minnesota |
| Presented by: Torben Andersen, Northwestern Univeristy, Kellogg School |
Session 14: The Modern Workplace: Firm Organization, Worker Training and Job Characteristics |
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| Session Organizer: Petra Todd, University of Pennsylvania |
| Session Chair: Petra Todd, University of Pennsylvania |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1A |
|   |
| Downsizing the Hierarchical Workplace: Evidence on Job Structure and the Earnings Distribution |
| By Gerard Pfann, Maastricht University, The Netherlands Ben Kriechel, Maastricht University, The Netherlands |
| Presented by: Gerard Pfann, Maastricht University |
|   |
| Lost Jobs and Health Insurance: An Analysis of the Impact of Employment Volatility on Firm provided Health Insurance Coverage |
| By Julia Lane, Norc/University of Chicago Fredrik Andersson, Cornell University Iben Bolvig, University of Aarhus |
| Presented by: Julia Lane, NORC/University of Chicago |
|   |
| Training in Firms, Learning and Career Mobility: Evidence from Italian Personnel Data |
| By Elena Pastorino (University of Iowa) Melissa Tartari (Yale University) |
| Presented by: Elena Pastorino, University of Iowa |
|   |
| Climbing the Ladder - School Organization, Institutions and Efficient Educational Production |
| By Thomas Fuchs Ifo Institute for Economic Research at the University of Munich |
| Presented by: Thomas Fuchs, Ifo Institute for Economic Research |
Session 15: Retirement and Health |
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| Session Organizer: John Rust, University of Maryland |
| Session Chair: John Rust, University of Maryland |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 10 |
|   |
| Wealth, Retirement Well-Being, and Realized and Unrealized Capital Gains |
| By Hugo Benítez-Silva SUNY-Stony Brook Selcuk Eren SUNY-Stony Brook and Hamilton College Frank Heiland Florida State University Sergi Jiménez-Martín Universitat Pompeu Fabra |
| Presented by: Selcuk Eren, SUNY - Stony Brook |
|   |
| differential mortality, uncertain medical expenses, and the savings of elderly singles |
| By Mariacristina DeNardi, Federal Reserve Bank of Chicago and University of Minnesota; Eric French, Federal Reserve Bank of Chicago; John Jones, SUNY-Albany |
| Presented by: Eric French, Federal Reserve Bank of Chicago |
|   |
| Cross Country Comparison of the Effects of Social Security and Employment Uncertainty on the Labor Supply and Search Behavior of Older Workers |
| By Hugo Benitez-Silva, SUNY-Stony Brook J. Ignacio Garcia-Perez, Universidad Pablo de Olavide Sergi Jimenez-Martin, Universitat Pompeu Fabra |
| Presented by: Hugo Benitez-Silva, State University of New York |
|   |
| Cracking Open the Nest Egg: Are Older Households Withdrawing Too Fast from Their DC Plans? |
| By David A. Love, Assistant Professor of Economics, Williams College Paul A. Smith, Economist, Federal Reserve Board |
| Presented by: David Love, Williams College |
Session 16: Insitutional Dynamics |
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| Session Organizer: Antonio Merlo, University of Pennsylvania |
| Session Chair: Amrita Dhillon, University of Warwick |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 3 |
|   |
| Dynamic Stability and Reform of Political Institutions |
| By Roger Lagunoff, Georgetown University |
| Presented by: Roger Lagunoff, Georgetown University |
|   |
| A Theory of Organizational Dynamics: Internal Politics and Efficiency |
| By Hongbin Cai, Peking University Feng Hong, UCLA |
| Presented by: Hongbin Cai, public |
|   |
| Dynamic Regulation of Public Good Quality |
| By Stephane Auray University of Lille 3, GREMARS and CIRPEE Thomas Mariotti University of Toulouse 1, GREMAQ, IDEI and CEPR Fabien Moizeau University of Toulouse 1 and GREMAQ |
| Presented by: Stéphane Auray, University of Lille 3, GREMARS, CIRPEE |
|   |
| Uncertianty and the Quality of Institutions |
| By Amrita Dhillon (University of Warwick) Jamele Rigolini (World Bank) |
| Presented by: Amrita Dhillon, University of Warwick |
Session 17: Inflation and Monetary Policy |
|---|
| Session Organizer: Nobuhiro Kiyotaki, London School of Economics |
| Session Chair: Nobuhiro Kiyotaki, London School of Economics |
| Session type: invited |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 7 |
|   |
| The Conquest of South American Inflation |
| By Thomas Sargent, NYU Noah Williams, Princeton Tao Zha, Federal Reserve Bank of Atlanta |
| Presented by: Noah Williams, Princeton University |
|   |
| Temporal Distribution of Price Changes: Staggering in the Large and Synchronization in the Small. |
| By Jerzy D. Konieczny, Wilfrid Laurier University Emmanuel Dhyne, National Bank of Belgium |
| Presented by: Jerzy (Jurek) D. Konieczny, Wilfrid Laurier University |
|   |
| Optimal Discretionary Monetary Policy under Downward Nominal Wage Rigidity |
| By Mikael Carlsson, Research unit, Swedish Central Bank Andreas Westermark, Department of Economics, Uppsala University |
| Presented by: ANDREAS WESTERMARK, UPPSALA UNIVERSITY |
|   |
| Revealing the Secrets of the Temple: The Value of Publishing Central Bank Interest Rate Projections |
| By Glenn D. Rudebusch, Federal Reserve Bank of San Francisco John C. Williams, Federal Reserve Bank of San Francisco |
| Presented by: Glenn Rudebusch, Federal Reserve Bank of San Francisco |
Session 18: Dynamic Models in Industrial Organization |
|---|
| Session Organizer: Philip Haile, Yale University |
| Session Chair: Randolph Preston McAfee, |
| Session type: contributed |
| Date: January 5, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 9 |
|   |
| Long-Lived Consumers, Intertemporal Bundling, and Tacit Collusion |
| By James D. Dana Jr., Northwestern University Yuk-Fai Fong, Northwestern University |
| Presented by: Yuk-Fai Fong, Northwestern University |
| Discussant: Randolph Preston McAfee, |
|   |
| Patents, Imitation and Licensing In an Asymmetric Dynamic R&D Race |
| By Chaim Fershtman, Tel-Aviv University Sarit Markovich, Tel-Aviv University |
| Presented by: Sarit Markovich, public |
| Discussant: Jennifer Reinganum, Vanderbilt University |
|   |
| First-Price and Second-Price Auctions with Resale |
| By Bernard Lebrun York University |
| Presented by: Bernard Lebrun, York University |
| Discussant: Rod Garratt, University of California |
Session 19: Asset Pricing |
|---|
| Session Organizer: Erzo Luttmer, University of Minnesota |
| Session Chair: Jessica Wachter, Wharton School of Business |
| Session type: contributed |
| Date: January 6, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 1A |
|   |
| The Return to Wealth, Asset Pricing, and the Intertemporal Elasticity of Substitution |
| By Ravi Bansal, Duke University Thomas Tallarini, Federal Reserve Board Amir Yaron, University of Pennsylvania |
| Presented by: Thomas Tallarini, The Federal Reserve Board |
|   |
| Can Standard Preferences Explain the Prices of Out-of-the-Money S&P 500 Put Options? |
| By LUCA BENZONI, University of Minnesota PIERRE COLLIN-DUFRESNE, University of California, Berkeley, and NBER ROBERT S. GOLDSTEIN, University of Minnesota and NBER |
| Presented by: Luca Benzoni, |
|   |
| Dynamic Asset Allocation: A Portfolio Decomposition Formula and Applications |
| By Jerome Detemple, Boston University School of Management Marcel Rindisbacher, Rotman School of Management, University of Toronto |
| Presented by: Marcel Rindisbacher, University of Toronto |
|   |
| Evaluating the Evidence on Return Predictability: A Bayesian Inference Perspective |
| By Jessica Wachter, University of Pennsylvania and NBER Missaka Warusawitharana, University of Pennsylvania |
| Presented by: Jessica Wachter, Wharton School of Business |
Session 20: Housing |
|---|
| Session Organizer: Antonio Merlo, University of Pennsylvania |
| Session Chair: Dennis Epple, Carnegie Mellon University |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 10 |
|   |
| Directed Search in the Housing Market |
| By James Albrecht, Georgetown University Pieter Gautier, Free University of Amsterdam Susan Vroman, Georgetown University |
| Presented by: James Albrecht, |
|   |
| Models of Bargaining and Price Determination of Residential Real Estate, with and without Real Estate Agents |
| By Antonio Merlo, University of Pennsylvania Francois Ortalo-Magne, University of Wisconsin - Madison John Rust, University of Maryland |
| Presented by: Francois Ortalo-Magne, University of Wisconsin Madison |
|   |
| Household Life Cycle Location Choices and The Dynamics of Metropolitan Communities |
| By Dennis Epple, Carnegie Mellon University & NBER Richard Romano, University of Florida at Gainesville Holger Sieg, Carnegie Mellon University & NBER |
| Presented by: Dennis Epple, Carnegie Mellon University |
Session 21: Foreign Direct Investment: Causes and Consequences |
|---|
| Session Organizer: Robert Feenstra, University of California, Davis |
| Session Chair: Bruce Blonigen, University of Oregon |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 3 |
|   |
| Measuring the Technology Content of China's Exports |
| By Bin Xu, China Europe International Business School |
| Presented by: Bin Xu, China Europe Intl Business School |
| Discussant: James Tybout, Pennsylvania State University |
|   |
| How Much Do Low Wages Matter for Foreign Investment? The Case of China |
| By Xuepeng Liu, Kennesaw State University Mary E. Lovely, Syracuse University Jan Ondrich, Syracuse University |
| Presented by: Mary Lovely, |
| Discussant: Ann Harrison, UC Berkeley |
|   |
| The Effect of FDI on Worker Displacement |
| By Sascha O. Becker, Ludwig-Maximilians-Universitaet Munich Marc-Andreas Muendler, University of California at San Diego |
| Presented by: Marc-Andreas Muendler, |
| Discussant: Raymond Robertson, MACALESTER COLLEGE |
Session 22: Long-run and Short-run Implications of International Financial Integration |
|---|
| Session Organizer: Enrique G. Mendoza, University of Maryland |
| Session Chair: Linda Tesar, |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 1B |
|   |
| Why Does Capital Flow to Rich States? |
| By Sebnem Kalemli-Ozcan, University of Houston and NBER Ariel Reshef, New York University Bent E. Sorensen University of Houston and CEPR Oved Yosha (deceased, Tel Aviv University) |
| Presented by: Bent Sorensen, University of Houston |
| Discussant: Katherine Smith, |
|   |
| Financial Markets Integration, Risk Sharing, and Investor |
| By Vadym Volosovych Department of Economics, Florida Atlantic University |
| Presented by: Vadym Volosovych, Florida Atlantic University |
| Discussant: Doireann Fitzgerald, Stanford University |
|   |
| Financial Integration and International Risk Sharing |
| By Yan Bai, Arizona State University Jing Zhang, University of Michigan |
| Presented by: Jing Zhang, public |
| Discussant: Laura Alfaro, Harvard Business School |
|   |
| A Welfare Analysis of Capital Account Liberalization |
| By Juergen von Hagen, University of Bonn, Indiana University, CEPR Haiping Zhang, University of Bonn |
| Presented by: Haiping Zhang, University of Bonn |
| Discussant: Horacio Sapriza, Rutgers University |
Session 23: Modeling Bounded Rationality in Games |
|---|
| Session Organizer: Thomas Palfrey, Princeton University |
| Session Chair: Brian Rogers, Caltech |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 2:30 - 4:30 |
| Location: Summit-Room 9 |
|   |
| Level-K Auctions |
| By Vincent Crawford, UCSD Nagore Irriberi, Universitat Pompeu Fabra |
| Presented by: Vincent Crawford, University of California, San Diego |
| Discussant: Brian Rogers, Caltech |
|   |
| Quantal Response Equilibrium Models of Growth Economies with Poverty Traps |
| By Tomomi Tanaka, California Institute of Technology Colin F. Camerer, California Institute of Technology |
| Presented by: Tomomi Tanaka, California Institute of Technology |
| Discussant: Marco Casari, Purdue University |
|   |
| When Do Markets Tip? An Experimental Study |
| By Tanjim Hossain, HKUST John Morgan, UC-Berkeley |
| Presented by: Tanjim Hossain, HKUST |
| Discussant: Tomomi Tanaka, California Institute of Technology |
|   |
| Cooperation among strangers in an indefinitely repeated game |
| By Gabriele Camera, Purdue University Marco Casari, Purdue University |
| Presented by: Marco Casari, Purdue University |
| Discussant: Tanjim Hossain, HKUST |
Session 24: Public Economics |
|---|
| Session Organizer: Russell Cooper, University of Texas Austin |
| Session Chair: Russell Cooper, University of Texas Austin |
| Session type: contributed |
| Date: January 6, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1A |
|   |
| A general equilibrium analysis of dividend tax cut |
| By Francois Gourio, Boston University Jianjun Miao, Boston University |
| Presented by: Jianjun Miao, Boston University |
| Discussant: Russell Cooper, University of Texas Austin |
|   |
| Useful Government Spending and Macroeconomic (In)stability under Balanced-Budget Rules |
| By Jang-Ting Guo, University of California, Riverside Sharon G. Harrison, Barnard College, Columbia University |
| Presented by: Jang-Ting Guo, University of California, Riverside |
| Discussant: Stephanie Schmitt-Grohe, Duke University |
|   |
| The Optimal Taxation of Heterogeneous Capital: Expensing, Economic Depreciation, and Investment Tax Credits |
| By Laura Power, Office of Tax Analysis, US Treasury Michael Kiley, Federal Reserve Board |
| Presented by: Laura Power, US Dept. of the Treasury |
| Discussant: Russell Cooper, University of Texas Austin |
|   |
| Stabilizing Sunspots |
| By Aditya Goenka(University of Essex & NUS) Christophe Prechac (University of Paris 1) |
| Presented by: Aditya Goenka, National University of Singapore |
| Discussant: Stephanie Schmitt-Grohe, Duke University |
Session 25: Structural Estimation: Theory and Applications |
|---|
| Session Organizer: John Rust, University of Maryland |
| Session Chair: John Rust, University of Maryland |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 10 |
|   |
| Compensation, Incentives and the Practice Patterns of Physicians: |
| By Bernard Fortin, Universite Laval Nicolas Jacquemet, CREST Bruce Shearer, Universite Laval |
| Presented by: Bruce Shearer, LAVAL UNIVERSITY |
|   |
| Nested Pseudo-likelihood Estimation and Bootstrap-based Inference for Structural Discrete Markov Decision Models |
| By Hiroyuki Kasahara, University of Western Ontario Katsumi Shimotsu, Queen's University |
| Presented by: Hiroyuki Kasahara, University of Western Ontario |
|   |
| Investigating Bid Preferences at Low-Price, Sealed-Bid Auctions |
| By Timothy P. Hubbard, University of Iowa Harry J. Paarsch, University of Iowa |
| Presented by: Harry Paarsch, University of Iowa |
|   |
| Estimating the Structure of Sunk Costs in the US Airline Industry |
| By Victor Aguirregabiria, Boston University Chun-Yu Ho, Boston University |
| Presented by: Chun-Yu Ho, Boston University |
Session 26: Structural Change, Trade, and Growth |
|---|
| Session Organizer: Caroline Betts, University of Southern California |
| Session Chair: Nancy Stokey, University of Chicago |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 3 |
|   |
| Miracle Economies and Miracle Seeds: Agricultural Development, Structural Transformation, and Economic Growth |
| By Douglas Gollin, Williams College Stephen Parente, University of Illinois Richard Rogerson, Arizona State University |
| Presented by: Douglas Gollin, Williams College |
| Discussant: Chris Pissarides, London School of Economics |
|   |
| A Global Unbalanced growth Path |
| By Cristina Echevarria - University of Saskatchewan Christopher Hajzler - University of Western Ontario |
| Presented by: Cristina Echevarria, University of Saskatchewan |
| Discussant: Diego Restuccia, University of Toronto |
|   |
| Accommodating Emerging Giants |
| By Wilbur John Coleman II, Duke University |
| Presented by: Wilbur Coleman, |
| Discussant: Ayse Imrohoroglu, usc |
|   |
| How Important is the New Goods Margin in International Trade? |
| By Timothy J. Kehoe, University of Minnnesota and Federal Reserve Bank of Minneapolis Kim J. Ruhl, University of Texas at Austin |
| Presented by: Timothy Kehoe, University of Minnesota |
| Discussant: Francisco BUERA, Northwestern University |
Session 27: Empirical Likelihood and GMM |
|---|
| Session Organizer: Yuichi Kitamura, Yale University |
| Session Chair: Yuichi Kitamura, Yale University |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1B |
|   |
| Generalized Empirical Likelihood with Many Weak Moment Conditions |
| By Whitney K. Newey, Department of Economics, MIT Frank Windmeijer, Department of Economics, Bristol |
| Presented by: Whitney Newey, MIT |
|   |
| Efficient GMM with multiple rates of convergence and applications to nearly-weak identification |
| By Bertille Antoine, University of Montreal, CIREQ Eric Renault, University of North Carolina at Chapel Hill, CIRANO and CIREQ |
| Presented by: Eric Renault, |
|   |
| A Robust and Efficient Estimator for Moment Condition Models |
| By Yuichi Kitamura, Yale University Taisuke Otsu, Yale University |
| Presented by: Yuichi Kitamura, Yale University |
|   |
| An Empirical Saddlepoint Approximation to the Distributions in One-Step GMM Estimators |
| By Fallaw Sowell, Carnegie Mellon University |
| Presented by: Fallaw Sowell, Carnegie Mellon University |
Session 28: Industrial Organization of Health Care Markets |
|---|
| Session Organizer: Philip Haile, Yale University |
| Session Chair: David Dranove, Kellogg School of Management |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 9 |
|   |
| A Model of Bargaining in Option Demand Markets |
| By David Dranove, Northwestern University Mark Satterthwaite, Northwestern University Andrew Sfekas, Northwestern University |
| Presented by: David Dranove, Kellogg School of Management |
| Discussant: Philip Haile, Yale University |
|   |
| Why So Few Integrated Plans? Simulating the Impact of an Alternative Health Insurance Strategy |
| By Katherine Ho, Department of Economics Columbia University |
| Presented by: Katherine Ho, Columbia University |
| Discussant: Martin Gaynor, Carnegie Mellon University |
|   |
| Short-term Fluctuations in Hospital Demand: Implications for Admission, Discharge, and Discriminatory Behavior |
| By Rajiv Sharma, Portland State University Miron Stano, Oakland University Renu Gehring, Ace-Cube LLP |
| Presented by: Rajiv Sharma, Portland State University |
| Discussant: Fiona Scott-Morton, |
|   |
| Learning and the Value of Information: Evidence from Health Plan Report Cards |
| By Michael Chernew, Harvard University Gautam Gowrisankaran, Washington University Dennis Scanlon, Penn State University |
| Presented by: Gautam Gowrisankaran, Washington University in St. Louis |
| Discussant: Leemore Dafny, Kellogg Sch of Mgmt, Northwestern Univ |
Session 29: Financing Constraints and Aggregate Economy |
|---|
| Session Organizer: Nobuhiro Kiyotaki, London School of Economics |
| Session Chair: Nobuhiro Kiyotaki, London School of Economics |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1B |
|   |
| New or Used? Investment with Credit Constraints |
| By Andrea Eisfeldt, Northwestern University Adriano Rampini, Northwestern University |
| Presented by: Adriano Rampini, Duke University |
|   |
| Financial innovations and macroeconomic volatility |
| By Urban Jermann, Wharton School, University of Pennsylvania Vincenzo Quadrini, University of Southern California |
| Presented by: Vincenzo Quadrini, USC, CEPR and NBER |
|   |
| Mortgage Markets, Collateral Constraints and Monetary Policy: Do Institutional Factors Matter? |
| By Alessandro Calza (European Central Bank) Tommaso Monacelli (IGIER, Università Bocconi and CEPR) Livio Stracca (European Central Bank) |
| Presented by: Alessandro Calza, European Central Bank |
|   |
| From shirtsleeves to shirtsleeves in a long lifetime |
| By Nobuhiro Kiyotaki Federal Reserve Bank of New York London School of Economics Alexander Michaelides London School of Economics |
| Presented by: Nobuhiro Kiyotaki, London School of Economics |
Session 30: Trade and Productivity |
|---|
| Session Organizer: Timothy Kehoe, University of Minnesota |
| Session Chair: Fabrizio Perri, New York University |
| Session type: contributed |
| Date: January 6, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 9 |
|   |
| Manufactured TFP drops |
| By David Benjamin University of Southampton Felipe Meza Carlos III |
| Presented by: David Benjamin, University of Minnesota |
|   |
| Credit Constraints, Firm Dynamics and the Transmission of External Financial Shocks |
| By Sangeeta Pratap (Hunter College) Carlos Urrutia (ITAM) |
| Presented by: Carlos Urrutia, ITAM |
|   |
| Sudden Stops, Sectoral Reallocations, and Real Exchange Rates |
| By Timothy J. Kehoe, U. Minnesota Kim J. Ruhl, U. Texas at Austin |
| Presented by: Kim Ruhl, University of Texas Austin |
|   |
| How Does Foreign Direct Investment Promote Economic Growth? |
| By Laura Alfaro,Harvard Business School Areendam Chanda, Louisiana State University Sebnem Kalemli-Ozcan, Univ of Houston and NBER Selin Sayek, Bilkent University |
| Presented by: Areendam Chanda, Louisiana State University |
Session 31: Measuring Welfare Gains |
|---|
| Session Organizer: Ellen McGrattan, Federal Reserve Bank of Minneapolis |
| Session Chair: Keshab Bhattarai, University of Hull |
| Session type: contributed |
| Date: January 6, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 10 |
|   |
| Welfare Gain of Financial Liberalization |
| By Kenichi Ueda, IMF Robert M. Townsend, University of Chicago |
| Presented by: Kenichi Ueda, International Monetary Fund |
| Discussant: Keshab Bhattarai, University of Hull |
|   |
| Optimal Fiscal and Monetary Policy with Costly Wage Bargaining |
| By Sanjay K. Chugh, Federal Reserve Board David Arseneau, Federal Reserve Board |
| Presented by: Sanjay Chugh, Federal Reserve Board |
|   |
| Small noise methods for risk sensitive/robust economies |
| By Evan W. Anderson, Northern Illinois University Lars Peter Hansen, University of Chicago and NBER Thomas J. Sargent, New York University and NBER |
| Presented by: Evan Anderson, Northern Illinois University |
Session 32: Ambiguity and disagreement |
|---|
| Session Organizer: George Mailath, University of Pennsylvania |
| Session Chair: Peter Klibanoff, Northwestern University |
| Session type: contributed |
| Date: January 6, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 3 |
|   |
| Unawareness and Framing |
| By David Ahn, UC Berkeley Haluk Ergin, MIT |
| Presented by: David Ahn, U.C. Berkeley |
|   |
| Learning and Disagreement in an Uncertain World |
| By Daron Acemoglu (MIT) Victor Chernozhukov (MIT) Muhamet Yildiz (MIT) |
| Presented by: Muhamet Yildiz, MIT |
|   |
| Exactly what happens after the Anscombe-Aumann Race? Representing preferences in vague environments |
| By Marie-Louise Vierø, Queen's University |
| Presented by: Marie-Louise Vierø, Queen's University |
|   |
| Updating Preferences with Multiple Priors |
| By Eran Hanany, Tel Aviv University Peter Klibanoff, Northwestern University |
| Presented by: Peter Klibanoff, Northwestern University |
Session 33: Monetary Theory and Evidence |
|---|
| Session Organizer: Robert Lucas, University of Chicago |
| Session Chair: Robert Lucas, University of Chicago |
| Session type: invited |
| Date: January 6, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1A |
|   |
| Is Quantity Theory Still Alive? |
| By Pedro Teles, Universidade Catolica Portuguesa and Departamento de Estudos Economicos, Banco de Portugal Harald Uhlig, Humboldt Universität zu Berlin |
| Presented by: Harald Uhlig, Humboldt University Berlin |
| Discussant: Edward Nelson, Federal Reserve Bank of St. Louis |
|   |
| Maintaining Low Inflation: Money, Interest Rates, and Policy Stance |
| By Samuel Reynard, Swiss National Bank |
| Presented by: Samuel Reynard, Swiss National Bank |
| Discussant: Robert Lucas, University of Chicago |
|   |
| Financial innovation and the transactions demand for cash |
| By Fernando Alvarez, University of Chicago and NBER Francesco Lippi, Bank of Italy and CEPR |
| Presented by: Fernando Alvarez, private |
Session 34: Development, marriage, and the value of women |
|---|
| Session Organizer: Andrew Foster, Brown |
| Session Chair: Andrew Foster, Brown |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 1:00 - 3:00 |
| Location: Summit-Room 1A |
|   |
| Are Female Leaders Good for Education? Evidence from India |
| By Irma Clots-Figueras London School of Economics and STICERD |
| Presented by: Irma Clots-Figueras, Universidad Carlos III de Madrid |
| Discussant: Shoshana Grossbard-Shech, San Diego State University |
|   |
| Students Today, Teachers Tomorrow? The Rise of Affordable Private Schools |
| By Tahir Andrabi (Pomona College) Jishnu Das (World Bank) Asim Ijaz Khwaja (Harvard University) |
| Presented by: Asim Khwaja, Harvad university |
| Discussant: Shoshana Grossbard-Shech, San Diego State University |
|   |
| Marriage Market Effects of a Wealth Shock in Bangladesh |
| By A. Mushfiq Mobarak Randall Kuhn Christina Peters University of Colorado at Boulder |
| Presented by: Ahmed Mobarak, University of Colorado, Boulder |
| Discussant: Aloysius Siow, University of Toronto |
|   |
| On the Heterogeneity of Dowry Motives |
| By Raj Arunachalam, University of California, Berkeley Trevon D. Logan, The Ohio State University and NBER |
| Presented by: Trevon Logan, The Ohio State University |
| Discussant: Aloysius Siow, University of Toronto |
Session 35: Global Games |
|---|
| Session Organizer: Stephen Morris, Yale University |
| Session Chair: Stephen Morris, Yale University |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 1:00 - 3:00 |
| Location: Summit-Room 10 |
|   |
| Policy in a Global Coordination Game: Multiplicity vs Robust Predictions |
| By Alessandro Pavan, Northwestern University Marios Angeletos, MIT Christian Hellwig, UCLA |
| Presented by: Alessandro Pavan, Northwestern University |
|   |
| Risk and Wealth in a Model of Self-Fulfilling Currency Attacks |
| By Bernardo Guimaraes, London School of Economics Stephen Morris, Princeton University |
| Presented by: Bernardo Guimaraes, London School of Economics |
|   |
| RECURSIVE GLOBAL GAMES |
| By Chryssi Giannitsarou, University of Cambridge Flavio Toxvaerd, University of Cambridge |
| Presented by: Flavio Toxvaerd, University of Cambridge |
|   |
| Common Belief Foundations of Global Games |
| By Hyun Song Shin, Princeton University Stephen Morris, Princeton University |
| Presented by: Stephen Morris, Yale University |
Session 36: Exchange Rates and Prices |
|---|
| Session Organizer: Caroline Betts, University of Southern California |
| Session Chair: Caroline Betts, University of Southern California |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 1:00 - 3:00 |
| Location: Summit-Room 3 |
|   |
| Violating PPP |
| By George Alessandria, Federal Reserve Bank of Philadelphia Joseph Kaboski, Ohio State University |
| Presented by: George Alessandria, Federal Reserve Bank of Philadelphia |
| Discussant: Kim Ruhl, University of Texas Austin |
|   |
| A Framework for Identifying the Sources of Local-Currency Price Stability with an Empirical Application |
| By Pinelopi Goldberg, Yale University Rebecca Hellerstein, Federal Reserve Bank of New York |
| Presented by: Rebecca Hellerstein, Federal Reserve Bank of New York |
| Discussant: Michael Devereux, University of British Columbia |
|   |
| Industry Restructuring, Mark-ups, and Exchange Rate Pass-Through |
| By Beverly Lapham, Queen's University Danny Leung, Bank of Canada |
| Presented by: Beverly Lapham, Queen's University |
| Discussant: Brian Doyle, |
|   |
| Microeconomic Sources of Real Exchange Rate Variation |
| By Crucini, Mario J., Vanderbilt University Lee, Inkoo, Shintani, Mototsugu Telmer, Chris I. |
| Presented by: Mario Crucini, Vanderbilt University |
| Discussant: Philip Lane, Trinity College Dublin |
Session 37: Business Cycles and Labor markets |
|---|
| Session Organizer: Jose-Victor Rios-Rull, University of Pennsylvania |
| Session Chair: Jose-Victor Rios-Rull, University of Pennsylvania |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 1:00 - 3:00 |
| Location: Summit-Room 1B |
|   |
| Crude Substitution: The Cyclical Dynamics of Oil Prices and the College Premium |
| By Linnea Polgreen (University of Iowa) Pedro Silos (Federal Reserve Bank of Atlanta) |
| Presented by: Pedro Silos, Federal Reserve Bank of Atlanta |
| Discussant: Jose-Victor Rios-Rull, University of Pennsylvania |
|   |
| A Search Theory of Labor Share and its cyclical behavior |
| By Se-Kyu Choi and Jose-Victor Rios-Rull |
| Presented by: Jose-Victor Rios-Rull, University of Pennsylvania |
| Discussant: Makoto Nakajima, University of Illinois, Urbana-Champaign |
|   |
| Business Cycles in the Equilibrium Model of Labor Market Search and Self-Insurance |
| By Makoto Nakajima, University of Illinois |
| Presented by: Makoto Nakajima, University of Illinois, Urbana-Champaign |
| Discussant: Pedro Silos, Federal Reserve Bank of Atlanta |
Session 38: Spatial Economics |
|---|
| Session Organizer: Thomas Holmes, University of Minnesota |
| Session Chair: Thomas Holmes, University of Minnesota |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 1:00 - 3:00 |
| Location: Summit-Room 9 |
|   |
| The Costs of Remoteness: Evidence from German Division and Reunification |
| By Stephen Redding, London School of Economics and CEPR Daniel Sturm, University of Munich and CEPR |
| Presented by: Stephen Redding, London School of Economics |
| Discussant: Gordon Hanson, UCSD |
|   |
| Spatial Growth and Industry Age |
| By Klaus Desmet, Universidad Carlos III Esteban Rossi-Hansberg, Princeton University |
| Presented by: Esteban Rossi-Hansberg, Princeton University |
| Discussant: Giorgio Topa, Federal Reserve Bank of New York |
|   |
| Dynamic Spatial Competition Between Multi-Store Firms |
| By Victor Aguirregabiria (University of Toronto) Gustavo Vicentini (Boston University) |
| Presented by: Victor Aguirregabiria, |
| Discussant: Thomas Holmes, University of Minnesota |
|   |
| Can Asymmetric Information Cause Agglomeration? |
| By Marcus Berliant, Washington University in St. Louis Fan-chin Kung, City University of Hong Kong |
| Presented by: Marcus Berliant, Washington University in St. Louis |
| Discussant: Robert Hunt, Federal Reserve Bank of Philadelphia |
Session 39: Labor Market Dynamics |
|---|
| Session Organizer: Petra Todd, University of Pennsylvania |
| Session Chair: Petra Todd, University of Pennsylvania |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 3 |
|   |
| Nepotism at Work ? Family Networks and Youth Labor Market Entry |
| By Francis Kramarz (Crest, France) Oskar Nordstrom Skans (Ifau, Sweden) |
| Presented by: Francis Kramarz, Crest-Insee |
| Discussant: Melissa Tartari, University of Pennsylvania |
|   |
| Estimating a Dynamic Adverse Selection Model: Labor Force Experience and the Changing Gender Earnings Gap |
| By George Gayle Limor Golan Carnegie Mellon University |
| Presented by: Limor Golan, Carnegie Mellon U. |
| Discussant: Elena Pastorino, University of Iowa |
|   |
| The Effect of an Employer Health Insurance Mandate on Health Insurance Coverage and the Demand for Labor: Generalizing from Hawaii’s Experience |
| By Thomas C. Buchmueller, University of California, Irvine. Robert G. Valletta, Federal Reserve Bank of San Francisco. |
| Presented by: Robert Valletta, Federal Reserve Bank of San Francisco |
| Discussant: Julia Lane, NORC/University of Chicago |
Session 40: Open Economy Macroeconomics |
|---|
| Session Organizer: Fabrizio Perri, New York University |
| Session Chair: Timothy Kehoe, University of Minnesota |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1B |
|   |
| Closing open economy models |
| By Martin Bodenstein Federal Reserve Board |
| Presented by: Martin Bodenstein, Federal Reserve Board |
|   |
| Exchange Rate Volatility and International Equity Portfolios: a DSGE Perspective |
| By Robert Kollmann University of Paris XII and CEPR |
| Presented by: Robert Kollmann, University Paris XII; CEPR |
|   |
| Welfare Implications of Trade Liberalization and Fiscal Reform: A Quantitative Experiment |
| By - S. Henry Kim (Tufts University, Department of Economics) - M. Ayhan Kose (International Monetary Fund, Research Department) |
| Presented by: Ayhan Kose, IMF |
|   |
| Reputational Spillovers and International Exchange |
| By Andrew K. Rose Haas School of Business, U.C. Berkeley Mark M. Spiegel Federal Reserve Bank of San Francisco |
| Presented by: Mark Spiegel, |
Session 41: Evaluation of Public Policies |
|---|
| Session Organizer: Jean-Marc Robin, U. of Paris 1, UCL, IFS and CEPR |
| Session Chair: Joshua Angrist, Massachusetts Institute of Technology |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 10 |
|   |
| New Evidence on the Causal Link between the Quantity and Quality of Children |
| By Josh Angrist, MIT Victor Lavy, Hebrew University Analia Schlosser, Hebrew University |
| Presented by: Joshua Angrist, Massachusetts Institute of Technology |
|   |
| Evaluating dynamic treatment: The Swedish active labour market programmes |
| By Jerome Adda, UCL and IFS Monica Costa Dias, IFS Costas Meghir, UCL and IFS Barbara Sianesi, IFS |
| Presented by: Jerome Adda, University College London |
|   |
| Partially Identifying Treatment Effects with an Application to Covering the Uninsured |
| By Brent Kreider, Iowa State University Steven C. Hill, Agency for Healthcare Research and Quality |
| Presented by: Brent Kreider, Iowa State University |
|   |
| Bounding the Distribution of Treatment Effects |
| By Sergio Firpo, Departamento de Economia, PUC-Rio Geert Ridder, Department of Economics, University of Southern California |
| Presented by: Sergio Firpo, Pontifical Catholic University |
Session 42: Game Theory |
|---|
| Session Organizer: George Mailath, University of Pennsylvania |
| Session Chair: Yoram Halevy, University of British Columbia |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 9 |
|   |
| Preemption Games with Private Information |
| By Hugo Hopenhayn, University of California at Los Angeles Francesco Squintani, University College, London |
| Presented by: Francesco Squintani, |
|   |
| One -- Memory in Repeated Games |
| By Mehmet Barlo - Sabanci University, Istanbul Turkey Guilherme Carmona - Universidade Nova Lisboa, Lisbon Portugal Hamid Sabourian - University of Cambridge, Cambridge UK |
| Presented by: Mehmet Barlo, public |
|   |
| Why the Ultimatum Game may not be the Ultimate Experiment |
| By Yoram Halevy, University of British Columbia Mike Peters, University of British Columbia |
| Presented by: Yoram Halevy, University of British Columbia |
Session 43: Macroeconomic Effects of Financial Frictions in Emerging Markets |
|---|
| Session Organizer: Enrique G. Mendoza, University of Maryland |
| Session Chair: Martin Uribe, Duke University |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 7 |
|   |
| The composition of capital flows when emerging market firms face financing constraints |
| By Diego Valderrama, Federal Reserve Bank of San Francisco Katherine A. Smith, U.S. Naval Academy |
| Presented by: Diego Valderrama, Federal Reserve Bank of San Francisco |
| Discussant: Jonathan Heathcote, Georgetown University |
|   |
| Debt Maturity: Is Long-Term Debt Optimal? |
| By Laura Alfaro, Harvard Business School Fabio Kanczuk, University of Sao Paulo |
| Presented by: Laura Alfaro, Harvard Business School |
| Discussant: Jing Zhang, public |
|   |
| Endogenous Sudden Stops in an Equilibrium Model of the Business Cycle: Fisher’s Deflation of Tobin’s Q |
| By Enrique G. Mendoza, IMF & University of Maryland |
| Presented by: Enrique G. Mendoza, University of Maryland |
| Discussant: Vincenzo Quadrini, USC, CEPR and NBER |
|   |
| A quantitative study of sovereign default with heterogenous borrowers |
| By Juan Carlos Hatchondo, Federal Reserve Bank of Richmond; Leonardo Martinez, Federal Reserve Bank of Richmond; Horacio Sapriza, Rutgers University |
| Presented by: Leonardo Martinez, Federal Reserve Bank of Richmond |
| Discussant: Cristina Arellano, public |
Session 44: Dynamic Factor Demand |
|---|
| Session Organizer: Russell Cooper, University of Texas Austin |
| Session Chair: Jonathan Willis, Federal Reserve Bank of Kansas City |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 8:00 - 10:00 |
| Location: Summit-Room 1A |
|   |
| Dynamic Assignment |
| By Russell W. Cooper P. Dean Corbae |
| Presented by: Russell Cooper, University of Texas Austin |
| Discussant: Julia Thomas, University of Minnesota |
|   |
| Plant Entry, Exit and Capital Adjustment Cost |
| By Shutao Cao, University of Texas at Austin |
| Presented by: Shutao Cao, University of Texas at Austin |
| Discussant: John C. Haltiwanger, |
|   |
| Testing Theories of Job Creation: Does Supply Create Its Own Demand? |
| By Mikael Carlsson, Sveriges Riksbank Stefan Eriksson, Uppsala University Nils Gottfries, Uppsala University |
| Presented by: Stefan Eriksson, Uppsala University |
| Discussant: Ilan Cooper, University of Haifa |
|   |
| Tax Incentives and Business Investment: New Evidence from Mexico |
| By Arturo Ramirez-Verdugo Department of Economics, Massachusetts Institute of Technology |
| Presented by: Arturo Ramirez Verdugo, Protego Asesores |
| Discussant: John C. Haltiwanger, |
Session 45: Conflict and Cooperation |
|---|
| Session Organizer: Stephen Morris, Yale University |
| Session Chair: Sandeep Baliga, Northwestern University |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 10 |
|   |
| Persistence of Elites, Power and Institutions |
| By Daron Acemoglu, MIT James Robinson, Harvard |
| Presented by: Daron Acemoglu, |
|   |
| A theory of conflict as a coordination failure in anarchic environments |
| By Gerard Padro i Miquel Graduate School of Business, Stanford University |
| Presented by: Gerard Padro i Miquel, Stanford University |
|   |
| Bargaining and Fighting in Hard Times |
| By Ernesto Dal Bo, UC Berkeley Robert Powell, UC Berkeley |
| Presented by: Robert Powell, U.C. Berkeley |
|   |
| Strategic Ambiguity and Arms Proliferation |
| By Sandeep Baliga, Kellogg (MEDS), Northwestern University Tomas Sjostrom, Department of Economics, Rutgers University |
| Presented by: Sandeep Baliga, Northwestern University |
Session 46: Aspects of Structural Transformations |
|---|
| Session Organizer: Richard Rogerson, Arizona State University |
| Session Chair: Richard Rogerson, Arizona State University |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 3 |
|   |
| Determinants of Structural Change Associated with Economic Growth: Evidence from Two Centuries of US Data |
| By Talan B. Iscan (Dalhousie University) Benjamin N. Dennis (University of the Pacific) |
| Presented by: Talan Iscan, |
|   |
| The Dynamics of Hours Worked: The Role of Technology and Institutions |
| By L. Rachel Ngai, London School of Economics Christopher A. Pissarides, London School of Economics |
| Presented by: Rachel Ngai, london school of economics |
|   |
| The Role of the Structural Transformation in Aggregate Productivity |
| By Margarida Duarte, Federal Reserve Bank of Richmond Diego Restuccia, Federal Reserve Bank of Richmond and University of Toronto |
| Presented by: Diego Restuccia, University of Toronto |
|   |
| Structural Transformation and Unemployment |
| By Richard Rogerson, Arizona State University Cara McDaniel, Arizona State University |
| Presented by: Richard Rogerson, Arizona State University |
Session 47: New perspectives on market failure and development |
|---|
| Session Organizer: Andrew Foster, Brown |
| Session Chair: Andrew Foster, Brown |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 7 |
|   |
| From Private to Public Reputation in Microfinance Lending: An Experiment in Borrower Response |
| By Alain de Janvry, UC Berkeley Craig McIntosh, UC San Diego Elisabeth Sadoulet, UC Berkeley |
| Presented by: Alain de Janvry, University of California at Berkeley |
|   |
| Microfinance and Missing Markets |
| By M. Shahe Emran, GWU AKM Mahbub Morshed, SIU, Caronbdale Joseph Stiglitz, Columbia University |
| Presented by: M. Shahe Emran, George Washington University |
|   |
| The profits of power: Land rights and agricultural investment in Ghana |
| By Markus Goldstein, World Bank Christopher Udry, Yale University |
| Presented by: Christopher Udry, Yale University |
|   |
| Inequality and the Sustainability of Agricultural Productivity Growth: Groundwater and the Green Revolution in Rural India |
| By Andrew Foster, Brown University Mark Rosenzweig, Yale University |
| Presented by: Andrew Foster, Brown |
Session 48: Trade, Foreign Investment, and Globalization |
|---|
| Session Organizer: Timothy Kehoe, University of Minnesota |
| Session Chair: Timothy Kehoe, University of Minnesota |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1B |
|   |
| Measuring Globalization |
| By Raymond Riezman, University of Iowa John Whalley, Western Ontario Shunming Zhang, Hunan University |
| Presented by: Raymond Riezman, University of Iowa |
|   |
| Absolute Advantages, Gravity, and Multinational Production |
| By Natalia Ramondo Department of Economics The University of Chicago |
| Presented by: Natalia Ramondo, public |
|   |
| Sticky Borders |
| By Gita Gopinath, Harvard and NBER Roberto Rigobon, MIT and NBER |
| Presented by: Gita Gopinath, public |
|   |
| Coordination and Renegotiation: Sovereign Defaults in 1980s and 1990s |
| By Yan Bai Arizona State University Jing Zhang University of Michigan |
| Presented by: Yan Bai, private |
Session 49: Product Variety and Quality in Trade |
|---|
| Session Organizer: Robert Feenstra, University of California, Davis |
| Session Chair: Robert Feenstra, University of California, Davis |
| Session type: invited |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 9 |
|   |
| Estimating Cross-Country Differences in Product Quality |
| By Juan Carlos Hallak, University of Michigan Peter K. Schott, Yale School of Management |
| Presented by: Juan Carlos Hallak, |
|   |
| Explaining Import Variety and Quality: the Role of the Income Distribution |
| By Yo Chul Choi David Hummels Chong Xiang |
| Presented by: Chong Xiang, Purdue University |
|   |
| Product Creation and Destruction in the U.S. |
| By Christian Broda University of Chicago NBER David Weinstein Columbia University NBER |
| Presented by: Christian Broda, |
|   |
| A Model of Trade with Quality Choice |
| By John Romalis Graduate School of Business, University of Chicago NBER Robert C. Feenstra University of California-Davis NBER |
| Presented by: John Romalis, |
Session 50: Political Economy |
|---|
| Session Organizer: Antonio Merlo, University of Pennsylvania |
| Session Chair: Humberto Llavador, Universitat Pompeu Fabra |
| Session type: contributed |
| Date: January 7, 2007 |
| Time: 10:15 - 12:15 |
| Location: Summit-Room 1A |
|   |
| A Model of Media Pandering |
| By Elena Panova UQAM - Université du Québec à Montréal |
| Presented by: Elena Panova, public |
|   |
| Turnout and Quorum in Referenda |
| By Helios Herrera (ITAM) Andrea Mattozzi (CALTECH) |
| Presented by: Helios Herrera, Instituto Tecnológico Autónomo de Méx |
|   |
| Bicameralism and accountability with motivated legislators |
| By Giovanni Facchini University of Illinois Cecilia Testa Royal Holloway University of London |
| Presented by: Cecilia Testa, Royal Holloway College Univ. of London |
|   |
| Voting with Preferences over Margins of Victory |
| By Humberto Llavador, Universitat Pompeu Fabra |
| Presented by: Humberto Llavador, Universitat Pompeu Fabra |
This program was last updated on 2007-03-12 14:15:8 EDT