| Date/Time | Location | Title | Papers | 
|---|
| December 14, 2017 9:00-10:30
 | 40.113 | Banking I | 4 | 
| December 14, 2017 9:00-10:30
 | 24.104 | Development I (Job Market) | 2 | 
| December 14, 2017 9:00-10:30
 | 24.S05 | Finance I (Job Market) | 3 | 
| December 14, 2017 9:00-10:30
 | 24.S01 | Inequality I (Job Market) | 2 | 
| December 14, 2017 9:00-10:30
 | 24.009 | Macro I (Job Market) | 3 | 
| December 14, 2017 9:00-10:30
 | 24.S19 | Political Economy I  (Job Market) | 2 | 
| December 14, 2017 9:00-10:30
 | 24.013 | Education I | 4 | 
| December 14, 2017 9:00-10:30
 | 24.021 | Game Theory I | 4 | 
| December 14, 2017 9:00-10:30
 | 24.023 | International Macro I | 4 | 
| December 14, 2017 9:00-10:30
 | 24.120 | Migration I | 3 | 
| December 14, 2017 9:00-10:30
 | 23.S05 | Regulation I | 3 | 
| December 14, 2017 11:00-12:30
 | 24.009 | Applied Economics (Job Market) | 3 | 
| December 14, 2017 11:00-12:30
 | 40.113 | Banking II | 4 | 
| December 14, 2017 11:00-12:30
 | 24.S01 | Fiscal Policy I (Job Market) | 3 | 
| December 14, 2017 11:00-12:30
 | 24.S05 | International Economics (Job Market) | 4 | 
| December 14, 2017 11:00-12:30
 | 24.013 | Micro Theory I (Job Market) | 4 | 
| December 14, 2017 11:00-12:30
 | 23.S05 | Empirical IO I | 3 | 
| December 14, 2017 11:00-12:30
 | 24.S19 | Healthcare and Policy | 4 | 
| December 14, 2017 11:00-12:30
 | 24.021 | Labour Economics I | 4 | 
| December 14, 2017 11:00-12:30
 | 24.023 | Macro II | 4 | 
| December 14, 2017 11:00-12:30
 | 24.120 | Matching | 2 | 
| December 14, 2017 11:00-12:30
 | 24.104 | Voting I | 3 | 
| December 14, 2017 12:45-14:00
 | 30.S01 Auditori | Presidential Address. Juan Francisco Jimeno (Banco de España): "From Secular Stagnation to Robocalypse? Implications of Demographic and Technological Changes" | 0 | 
| December 14, 2017 15:15-16:45
 | 24.021 | Development II | 3 | 
| December 14, 2017 15:15-16:45
 | 24.013 | Econometrics | 4 | 
| December 14, 2017 15:15-16:45
 | 40.113 | Finance II | 4 | 
| December 14, 2017 15:15-16:45
 | 24.S05 | Labour Economics II | 4 | 
| December 14, 2017 15:15-16:45
 | 24.023 | Macro III | 4 | 
| December 14, 2017 15:15-16:45
 | 24.S19 | Monetary Policy I | 4 | 
| December 14, 2017 15:15-16:45
 | 24.120 | Welfare Protection and Demographics | 2 | 
| December 14, 2017 15:15-16:45
 | 24.S01 | Energy and Environmental Economics (Job Market) | 3 | 
| December 14, 2017 15:15-16:45
 | 24.S05 | Banks and Financial Regulation I (Job Market) | 3 | 
| December 14, 2017 15:15-16:45
 | 24.009 | International Trade (Job Market) | 4 | 
| December 14, 2017 15:15-16:45
 | 40.S01 | Macro Theory (Job Market) | 2 | 
| December 14, 2017 15:15-16:45
 | 24.104 | Monetary Policy II (Job Market) | 2 | 
| December 14, 2017 17:15-18:45
 | 24.S01 | Development III (Job Market) | 2 | 
| December 14, 2017 17:15-18:45
 | 24.S19 | Econometric Theory (Job Market) | 2 | 
| December 14, 2017 17:15-18:45
 | 24.021 | Education II | 3 | 
| December 14, 2017 17:15-18:45
 | 24.009 | Labour Economics IV (Job Market) | 3 | 
| December 14, 2017 17:15-18:45
 | 24.S05 | Macro IV (Job Market) | 3 | 
| December 14, 2017 17:15-18:45
 | 24.104 | Urban and Regional Economics I (Job Market) | 2 | 
| December 14, 2017 17:15-18:45
 | 24.013 | Experiments | 4 | 
| December 14, 2017 17:15-18:45
 | 40.113 | Finance III | 4 | 
| December 14, 2017 17:15-18:45
 | 23.S05 | Labour Economics III | 3 | 
| December 14, 2017 17:15-18:45
 | 24.120 | Macro and Finance Experiments | 3 | 
| December 14, 2017 17:15-18:45
 | 24.023 | Environmental Economics | 3 | 
| December 15, 2017 9:00-10:30
 | 40.113 | Banking III | 3 | 
| December 15, 2017 9:00-10:30
 | 24.S01 | Banks and Financial Regulation II (Job Market) | 3 | 
| December 15, 2017 9:00-10:30
 | 24.104 | Finance IV (Job Market) | 2 | 
| December 15, 2017 9:00-10:30
 | 24.S05 | Industrial Organization II (Job Market) | 3 | 
| December 15, 2017 9:00-10:30
 | 24.009 | Urban and Regional Economics II (Job Market) | 2 | 
| December 15, 2017 9:00-10:30
 | 23.S05 | Education III | 3 | 
| December 15, 2017 9:00-10:30
 | 24.021 | Game Theory II | 4 | 
| December 15, 2017 9:00-10:30
 | 24.S19 | Industrial Organization I | 4 | 
| December 15, 2017 9:00-10:30
 | 24.023 | Macroeconometrics | 4 | 
| December 15, 2017 9:00-10:30
 | 24.013 | Pensions | 3 | 
| December 15, 2017 9:00-10:30
 | 24.120 | Regulation II | 4 | 
| December 15, 2017 11:00-12:30
 | 24.009 | Applied Labour Economics (Job Market) | 3 | 
| December 15, 2017 11:00-12:30
 | 23.S05 | COSME: Children | 4 | 
| December 15, 2017 11:00-12:30
 | 24.021 | Finance V (Job Market) | 3 | 
| December 15, 2017 11:00-12:30
 | 24.013 | Fiscal Policy II | 4 | 
| December 15, 2017 11:00-12:30
 | 24.S05 | Health Economics I (Job Market) | 3 | 
| December 15, 2017 11:00-12:30
 | 24.S01 | Macro V (Job Market) | 3 | 
| December 15, 2017 11:00-12:30
 | 24.104 | Political Economy II (Job Market) | 4 | 
| December 15, 2017 11:00-12:30
 | 40.S01 | International Macro II | 4 | 
| December 15, 2017 11:00-12:30
 | 24.S19 | Migration II | 3 | 
| December 15, 2017 11:00-12:30
 | 24.023 | Productivity | 3 | 
| December 15, 2017 11:00-12:30
 | 40.113 | Banking IV | 4 | 
| December 15, 2017 11:00-12:30
 | 24.120 | Business Cycles | 3 | 
| December 15, 2017 12:45-13:45
 | 30.S01 Auditori | Keynote Lecture. Carlos Garriga (Federal Reserve Bank of St. Louis): "Housing, Mortgage Debt, and the Macroeconomy" | 0 | 
| December 15, 2017 15:00-16:30
 | 24.S01 | Banks and Financial Regulation III (Job Market) | 3 | 
| December 15, 2017 15:00-16:30
 | 24.104 | COSME: Gender I (Job Market) | 2 | 
| December 15, 2017 15:00-16:30
 | 24.009 | Labour Economics VI (Job Market) | 4 | 
| December 15, 2017 15:00-16:30
 | 24.S05 | Micro Theory II (Job Market) | 2 | 
| December 15, 2017 15:00-16:30
 | 40.113 | Finance VI | 4 | 
| December 15, 2017 15:00-16:30
 | 24.120 | Growth I | 3 | 
| December 15, 2017 15:00-16:30
 | 24.023 | Inequality II | 4 | 
| December 15, 2017 15:00-16:30
 | 24.009 | COSME: Labour Economics V | 4 | 
| December 15, 2017 15:00-16:30
 | 24.021 | Networks | 4 | 
| December 15, 2017 15:00-16:30
 | 24.013 | Taxation | 3 | 
| December 15, 2017 15:00-16:30
 | 40.S01 | Voting II | 3 | 
| December 15, 2017 15:00-16:30
 | 40.S03 | Trade I | 4 | 
| December 15, 2017 17:00-18:00
 | 30.S01 Auditori | Urrutia-Elejalde Foundation Keynote Lecture. Luisa Fuster (Universidad Carlos III de Madrid): “Hours, Occupations, and Gender Differences in Labor Market Outcomes” | 0 | 
| December 16, 2017 9:00-10:30
 | 24.009 | Education IV(Job Market) | 3 | 
| December 16, 2017 9:00-10:30
 | 24.013 | Empirical IO II | 2 | 
| December 16, 2017 9:00-10:30
 | 24.S19 | Finance VII (Job Market) | 3 | 
| December 16, 2017 9:00-10:30
 | 40.113 | Macro VII (Job Market) | 3 | 
| December 16, 2017 9:00-10:30
 | 24.S01 | Migration III (Job Market) | 2 | 
| December 16, 2017 9:00-10:30
 | 24.104 | Public Policies (Job Market) | 3 | 
| December 16, 2017 9:00-10:30
 | 23.S05 | COSME: Gender II | 3 | 
| December 16, 2017 9:00-10:30
 | 40.S01 | Growth II | 3 | 
| December 16, 2017 9:00-10:30
 | 24.021 | Industrial Organization III | 2 | 
| December 16, 2017 9:00-10:30
 | 24.S05 | Macro VI | 4 | 
| December 16, 2017 9:00-10:30
 | 24.023 | Political Economy III | 4 | 
| December 16, 2017 9:00-10:30
 | 24.120 | Urban Economics | 4 | 
| December 16, 2017 10:45-12:15
 | 24.104 | Empirical Political Economy (Job Market) | 3 | 
| December 16, 2017 10:45-12:15
 | 40.113 | Finance VIII | 3 | 
| December 16, 2017 10:45-12:15
 | 24.S05 | Health Economics II (Job Market) | 2 | 
| December 16, 2017 10:45-12:15
 | 24.009 | Labour Economics VIII (Job Market) | 3 | 
| December 16, 2017 10:45-12:15
 | 24.021 | Monetary Policy IV (Job Market) | 3 | 
| December 16, 2017 10:45-12:15
 | 24.S19 | Political Economy IV (Job Market) | 3 | 
| December 16, 2017 10:45-12:15
 | 40.S01 | Risk and (Re)allocation in Macroeconomics | 0 | 
| December 16, 2017 10:45-12:15
 | 24.120 | Game Theory III | 3 | 
| December 16, 2017 10:45-12:15
 | 23.S05 | Inequality III | 4 | 
| December 16, 2017 10:45-12:15
 | 24.009 | Labour Economics VII | 3 | 
| December 16, 2017 10:45-12:15
 | 24.S01 | Monetary Policy III | 2 | 
| December 16, 2017 10:45-12:15
 | 24.023 | Trade II | 3 | 
| December 16, 2017 13:00-14:15
 | 30.S01 Auditori | COSME Committee Lecture. Barbara Petrongolo (Queen Mary University London): “The remaining gender gaps: new perspectives and the role of gender norms" | 0 | 
 
|  | 
|---|
| Session: Banking I December 14, 2017 9:00 to 10:30
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Xavier Freixas, Universitat Pompeu Fabra | 
|  | 
| Credit Bubbles and Misallocation | 
| presented by: Pierluca Pannella, University of British Columbia | 
|  | 
| Markets, Banks and Shadow Banks | 
| presented by: Rafael Repullo, CEMFI | 
|  | 
| Housing Bubbles and Misallocation: Evidence from Spain | 
| presented by: David Lopez Rodriguez, Bank of Spain | 
|  | 
| Gilded Bubbles | 
| presented by: Xavier Freixas, Universitat Pompeu Fabra | 
|  | 
|---|
| Session: Development I (Job Market) December 14, 2017 9:00 to 10:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Irma Clots-Figueras, UC3M | 
|  | 
| Public Works and Non-Farm Self-Employment | 
| presented by: Joshua Merfeld, University of Washington | 
|  | 
| The Puzzle of Educated Unemployment in West Africa | 
| presented by: Esther Mirjam Girsberger, University of Lausanne | 
|  | 
|---|
| Session: Finance I (Job Market) December 14, 2017 9:00 to 10:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jianxing Wei, Universitat Pompeu Fabra | 
|  | 
| Cyclical Investment Behavior across Financial Institutions | 
| presented by: Yannick Timmer, Trinity College Dublin | 
|  | 
| Agency Issues in Corporate Bond Trading | 
| presented by: Alessio Ruzza, University of Lugano, Swiss Finance Institute | 
|  | 
| Supervision, Loophole Innovation and Bank Leverage Cycles | 
| presented by: Jianxing Wei, Universitat Pompeu Fabra | 
|  | 
|---|
| Session: Inequality I (Job Market) December 14, 2017 9:00 to 10:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Laura Hospido, Banco de España and IZA | 
|  | 
| Information Frictions in Education and Inequality | 
| presented by: Ana Figueiredo, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Missing Rich Offenders: Traffic Accidents and the Impartiality of Justice | 
| presented by: Madina Kurmangaliyeva, European University Institute | 
|  | 
|---|
| Session: Macro I (Job Market) December 14, 2017 9:00 to 10:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Juan Jimeno, Banco de España | 
|  | 
| Can tax cuts restore economic growth in bad times? | 
| [slides] | 
| presented by: Alexander Ziegenbein, Universitat Pompeu Fabra | 
|  | 
| Firm Dynamics and Pricing under Customer Capital Accumulation | 
| presented by: Pau Roldan, New York University | 
|  | 
| The Impact of Financial Development on Outsourcing and Aggregate Productivity | 
| presented by: Yan Liang, London School of Economics | 
|  | 
|---|
| Session: Political Economy I  (Job Market) December 14, 2017 9:00 to 10:30
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jordi Caballe, Universitat Autonoma de Barcelona and Barcelona GSE | 
|  | 
| The Growth Effect of Democracy and Technology: an industry disaggregated approach | 
| presented by: Izaskun Zuazu, University of the Basque Country | 
|  | 
| Marrying the Right One -	Evidence on Social Network Effects in Politics from the Venetian Republic | 
| presented by: Ádám Telek, University of Alicante | 
|  | 
|---|
| Session: Education I December 14, 2017 9:00 to 10:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Luis Alejandro Lopez-Agudo, Universidad de Málaga | 
|  | 
| Increasing students' aspirations: the impact of a role model on students' educational attainment | 
| presented by: Emma Riley, University of Oxford | 
|  | 
| Mobility across Generations of the Gender Distribution of Housework | 
| presented by: Jose Ignacio Gimenez Nadal, University of Zaragoza | 
|  | 
| Countercyclical School Attainment and Intergenerational Mobility | 
| presented by: Andreu Arenas, CORE, Université catholique de Louvain | 
|  | 
| The difficulty of obtaining causal impact: an international analysis of students’ academic achievement | 
| presented by: Luis Alejandro Lopez-Agudo, Universidad de Málaga | 
|  | 
|---|
| Session: Game Theory I December 14, 2017 9:00 to 10:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Dolors Berga, Universitat de Girona | 
|  | 
| Mental Capabilities and heterogeneous trading styles | 
| presented by: Andreas Hefti, University of Zurich; Zurich University | 
|  | 
| A dynamic theory of secessions | 
| presented by: Sabine Flamand, Universitat Rovira i Virgili and CREIP | 
|  | 
| A diagnosis on the relationship between equilibrium play, stated beliefs, and best responses | 
| presented by: ciril bosch-rosa, Technical University Berlin | 
|  | 
| Impartial assignment of m prices | 
| presented by: Dolors Berga, Universitat de Girona | 
|  | 
|---|
| Session: International Macro I December 14, 2017 9:00 to 10:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 aydan dogan, university of Barcelona | 
|  | 
| Costs of Sovereign Defaults: Restructuring Strategies, Bank Distress and the Credit-Investment Channel | 
| presented by: Aitor Erce, European Stability Mechanism | 
|  | 
| Entrepreneurial Production Function and Firm Dynamics | 
| [slides] | 
| presented by: Emircan Yurdagul, Universidad Carlos III de Madrid | 
|  | 
| Time-varying relationship between oil price changes and exchange rates | 
| presented by: Rebeca Jimenez-Rodriguez, University of Salamanca | 
|  | 
| Understanding US exports: Does endogenising the export share help? | 
| presented by: aydan dogan, university of Barcelona | 
|  | 
|---|
| Session: Migration I December 14, 2017 9:00 to 10:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Linas Tarasonis, Bank of Lithuania, Vilnius University | 
|  | 
| Eliciting Individual Preferences for Immigrants in the Dominican Republic | 
| presented by: Raul Jimenez Mori, University of Rome Tor Vergata | 
|  | 
| Upstream and Downstream Competition in a Search Market | 
| presented by: Sandro Shelegia, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Statistical Discrimination in a Search Equilibrium Model: Racial Wage and Employment Disparities in the US | 
| presented by: Linas Tarasonis, Bank of Lithuania, Vilnius University | 
|  | 
|---|
| Session: Regulation I December 14, 2017 9:00 to 10:30
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Julia de Frutos Cachorro, Ghent University | 
|  | 
| Renewable Entry in Liberalized Electricity Markets: Implications for Policy Design | 
| presented by: Gerard Llobet, CEMFI | 
|  | 
| Externalities and  tradable licenses | 
| presented by: Emma Moreno-García, Universidad de Salamanca | 
|  | 
| Strategic investment decisions under the nuclear power debate in Belgium | 
| presented by: Julia de Frutos Cachorro, Ghent University | 
|  | 
|---|
| Session: Banking II December 14, 2017 11:00 to 12:30
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Ricardo Gimeno, Banco de España | 
|  | 
| Understanding the Aggregate Effects of Credit Frictions and Uncertainty | 
| presented by: Enrique Martinez-Garcia, Federal Reserve Bank of Dallas | 
|  | 
| An optimal policy mix for segmented credit markets | 
| presented by: Jelena Zivanovic, Humboldt-Universität zu Berlin | 
|  | 
| Assessing the Procyclicality of Expected Credit Loss Provisions | 
| presented by: Jorge Abad, CEMFI | 
|  | 
| Making room for the needy: The effects of the Eurosystem’s Corporate Sector Purchase Programme on Spanish firms | 
| presented by: Ricardo Gimeno, Banco de España | 
|  | 
|---|
| Session: Applied Economics (Job Market) December 14, 2017 11:00 to 12:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Raul Jimenez Mori, University of Rome Tor Vergata | 
|  | 
| Winner of  UniCredit & Universities - Econ JM Best Paper Award - Stereotypes and Self-Stereotypes: Evidence from Teachers’ Gender Bias | 
| presented by: Michela Carlana, Bocconi University | 
|  | 
| Uncertainty, investment and financial frictions | 
| presented by: Thomas Seiler, Stockholm School of Economics | 
|  | 
| Are Blackout Days Free of Charge? Valuation of Individual Preferences  for Improved Electricity Services | 
| presented by: Raul Jimenez Mori, University of Rome Tor Vergata | 
|  | 
|---|
| Session: Fiscal Policy I (Job Market) December 14, 2017 11:00 to 12:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Rafael Domenech, Universidad de Valencia and BBVA Research | 
|  | 
| Government borrowing cost and budget deficits: is investment spending different? | 
| [slides] | 
| presented by: Jemima Peppel-Srebrny, University of Oxford | 
|  | 
| Adaptive Learning and the Transmission of Government Spending Shocks in the Euro Area | 
| presented by: Ewoud Quaghebeur, Ghent University | 
|  | 
| Eurace Open: an agent-based multi-country model | 
| presented by: Marko Petrovic, Universitat Jaume I | 
|  | 
|---|
| Session: International Economics (Job Market) December 14, 2017 11:00 to 12:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Julia Faltermeier, Universitat Pompeu Fabra, Barcelona GSE | 
|  | 
| Uneven growth in the extensive margin: explaining the lag of agricultural economies | 
| presented by: Guzman Ourens, FNRS and UCLouvain | 
|  | 
| Economic Integration and the Non-tradable Sector: The European Experience | 
| presented by: Sophie Piton, Paris School of Economics & CEPII | 
|  | 
| Resource discoveries and FDI bonanzas: An illustration from Mozambique | 
| presented by: Gerhard Toews, University of Oxford | 
|  | 
| The Marginal Product of Capital: New Facts and Interpretation | 
| [slides] | 
| presented by: Julia Faltermeier, Universitat Pompeu Fabra, Barcelona GSE | 
|  | 
|---|
| Session: Micro Theory I (Job Market) December 14, 2017 11:00 to 12:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Emma Moreno-García, Universidad de Salamanca | 
|  | 
| Private Disclosure with Multiple Agents | 
| [slides] | 
| presented by: Shuguang Zhu, Toulouse School of Economics | 
|  | 
| The Value of Mediated Communication | 
| presented by: Andrés Salamanca, Toulouse School of Economics | 
|  | 
| Subjective Performance Evaluation of Employees with Biased Beliefs | 
| presented by: Matteo Foschi, European University Institute | 
|  | 
| Attention and framing: stochastic choice rules | 
| presented by: Mihir Bhattacharya, Aix-Marseille University | 
|  | 
|---|
| Session: Empirical IO I December 14, 2017 11:00 to 12:30
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Albrecht Glitz, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
| Like Father like Son: Technology Transfers and Productivity Effects from Firm Ownership | 
| presented by: Angelos Theodorakopoulos, KU Leuven | 
|  | 
| Vertical Integration, Supplier Behavior, and Quality Upgrading among Exporters | 
| presented by: Gianmarco Leon, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
| Industrial Espionage and Productivity | 
| presented by: Albrecht Glitz, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
|---|
| Session: Healthcare and Policy December 14, 2017 11:00 to 12:30
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Helena Hernández Pizarro, UPF- CRES | 
|  | 
| Decentralization and the Partial Health Care ‘Opting Out’ | 
| presented by: Ada Ferrer-i-Carbonell, CSIC | 
|  | 
| Illness severity and the use of public health care by the privately insured. Is there a link? | 
| presented by: Pau Olivella, Universitat Autonoma de Barcelona and Barcelona GSE | 
|  | 
| Do Political Factors Influence Public Health Expenditure? Evidence pre- and post-Great Recession | 
| presented by: Juan Antonio Román, CESTE | 
|  | 
| Inequality in Long-Term Care Public Benefits | 
| presented by: Helena Hernández Pizarro, UPF- CRES | 
|  | 
|---|
| Session: Labour Economics I December 14, 2017 11:00 to 12:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Axel Gottfries, University of Cambridge | 
|  | 
| Optimal Design and Quantitative Evaluation of the Minimum Wage | 
| presented by: Zachary Mahone, University of Toronto | 
|  | 
| The Scarring Effects of Job Instability: Evidence from Social Security Data | 
| [slides] | 
| presented by: Laura Hospido, Banco de España and IZA | 
|  | 
| Assessing the Impact of a Minimum Income Scheme in the Basque Country | 
| presented by: Lucía Gorjón García, FEDEA | 
|  | 
| Sluggish Mobility and the Stock and Flow of Employment Opportunity | 
| presented by: Axel Gottfries, University of Cambridge | 
|  | 
|---|
| Session: Macro II December 14, 2017 11:00 to 12:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Samuel Hurtado, Banco de España | 
|  | 
| The volatility of the natural interest rate: Why is it so low? | 
| presented by: Alessandro Galesi, Banco de España | 
|  | 
| Evaluation of alternatives for modeling non-stationarity in DSGE models | 
| presented by: Norberto Rodríguez, Banco dela República | 
|  | 
| Measuring the Natural Rate of Interest: Alternative Specifications | 
| [slides] | 
| presented by: Francisco Vazquez-Grande, Federal Reserve Board | 
|  | 
| JOSE: Joint Spain Euro-area DSGE model | 
| presented by: Samuel Hurtado, Banco de España | 
|  | 
|---|
| Session: Matching December 14, 2017 11:00 to 12:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jordi Massó, Universitat Autònoma de Barcelona and Barcelona GSE | 
|  | 
| (Group) Strategy-proofness and stability in many-to-many matching markets | 
| presented by: Antonio Romero-Medina, Universidad Carlos III de Madrid | 
|  | 
| Ordinal Bayesian Incentive Compatibility of Truth-telling in Stable Mechanisms in Monotonic Matching Markets | 
| presented by: Jordi Massó, Universitat Autònoma de Barcelona and Barcelona GSE | 
|  | 
|---|
| Session: Voting I December 14, 2017 11:00 to 12:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Guillem Riambau-Armet, Yale-NUS | 
|  | 
| Ashut mouth ctches no flies: consideration of issues and voting | 
| presented by: Salvador Barbera, MOVE,Universitat Autonoma de Barcelona and Barcelona GSE | 
|  | 
| Increasing Women's Representation in Politics: The Importance of the Electoral System | 
| presented by: Carlos Sanz, Banco de España | 
|  | 
| Voting Behavior under Doubts of Ballot Secrecy | 
| presented by: Guillem Riambau-Armet, Yale-NUS | 
|  | 
|---|
| Session: Presidential Address. Juan Francisco Jimeno (Banco de España): "From Secular Stagnation to Robocalypse? Implications of Demographic and Technological Changes" December 14, 2017 12:45 to 14:00
 30.S01 Auditori
 | 
|---|
|  | 
|---|
|  | 
|---|
| Session: Development II December 14, 2017 15:15 to 16:45
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Michel Serafinelli, University of Toronto | 
|  | 
| Welfare Effects of An In-kind Transfer Program: Evidence from Mexico | 
| presented by: Federico Tagliati, UCL | 
|  | 
| Population Structure and the Human Development Index | 
| presented by: Carmen Herrero, University of Alicante | 
|  | 
| Foreign Direct Investment and Knowledge Diffusion in Poor Locations: Evidence from Ethiopia | 
| presented by: Michel Serafinelli, University of Toronto | 
|  | 
|---|
| Session: Econometrics December 14, 2017 15:15 to 16:45
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Gareth Liu-Evans, University of Liverpool | 
|  | 
| Structural breaks and instabilities at the end of sample | 
| presented by: Josep Carrion-i-Silvestre, University of Barcelona | 
|  | 
| Modeling Latin-American Stock and Forex Markets Volatility: Empirical Application of a Model with Random Level Shifts and Genuine Long Memory | 
| presented by: Gabriel Rodríguez, Pontificia Universidad Catolica of Peru | 
|  | 
| To diff, or not to diff? | 
| [slides] | 
| presented by: Tincho Almuzara, CEMFI | 
|  | 
| On the use of higher order bias approximations for 2SLS and k-class estimators with non-normal disturbances and many instruments | 
| presented by: Gareth Liu-Evans, University of Liverpool | 
|  | 
|---|
| Session: Finance II December 14, 2017 15:15 to 16:45
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Margarita Rubio, University of Nottingham | 
|  | 
| Regional Business Cycles in Europe. Dating and clustering | 
| presented by: Ana Gómez-Loscos, Banco de España | 
|  | 
| Mortgage Finance and Culture | 
| presented by: Nuria Rodriguez-Planas, Queens College of CUNY | 
|  | 
| Modern depository institutions, runs and liquidity | 
| presented by: Hugo Rodriguez Mendizabal, Consejo Superior de Investigaciones Cientificas | 
|  | 
| Shadow Banking, Macroprudential Regulation and Financial Stability | 
| presented by: Margarita Rubio, University of Nottingham | 
|  | 
|---|
| Session: Labour Economics II December 14, 2017 15:15 to 16:45
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Christopher Busch, MOVE-UAB & Barcelona GSE | 
|  | 
| The Effects of Wage Flexibility on Activity and Employment in the Spanish Economy | 
| [slides] | 
| presented by: Rafael Domenech, Universidad de Valencia and BBVA Research | 
|  | 
| Employment Adjustment and Part-time Work: Lessons from the United States and the United Kingdom | 
| [slides] | 
| presented by: Etienne Lalé, Université du Québec à Montréal, CIRANO and IZA | 
|  | 
| Agricultural Productivity Shocks and Labor Reallocation in Rural China | 
| presented by: Luigi Minale, Universidad Carlos III Madrid | 
|  | 
| Occupational Switching and Wage Risk | 
| presented by: Christopher Busch, MOVE-UAB & Barcelona GSE | 
|  | 
|---|
| Session: Macro III December 14, 2017 15:15 to 16:45
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Wenyi Shen, Oklahoma State University | 
|  | 
| Capital accumulation when consumers are tempted by others' consumption experience | 
| presented by: Stéphane Bouché, Universidade de Vigo | 
|  | 
| Resampling uncertainty of Principal Components factors | 
| presented by: Esther Ruiz, University Carlos III de Madrid | 
|  | 
| Determinants of long-term economic growth redux: A Measurement Error Model Averaging (MEMA) approach | 
| presented by: Ole-Petter Moe Hansen, NHH | 
|  | 
| Downward Nominal Wage Rigidity and State-Dependent Government Spending Multipliers | 
| presented by: Wenyi Shen, Oklahoma State University | 
|  | 
|---|
| Session: Monetary Policy I December 14, 2017 15:15 to 16:45
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Yuliya Lovcha, Universitat Rovira-i-Virgili | 
|  | 
| The Effects of Secondary Markets and Unsecured Credit on Inflation | 
| presented by: Begoña Dominguez, University of Queensland | 
|  | 
| Forward Guidance and the Exchange Rate | 
| presented by: Jordi Galí, CREI, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Real-time versus ex-post monetary policy evaluation under opportunistic policy | 
| presented by: Jesús Vázquez, Universidad del País Vasco (UPV/EHU) | 
|  | 
| MONETARY POLICY SHOCKS, INFLATION PERSISTENCE, AND LONG-MEMORY | 
| presented by: Yuliya Lovcha, Universitat Rovira-i-Virgili | 
|  | 
|---|
| Session: Welfare Protection and Demographics December 14, 2017 15:15 to 16:45
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jochen Kluve, Humboldt-Universität zu Berlin | 
|  | 
| The effect of increasing the legal working age on women’s fertility and infant health | 
| presented by: Cristina Bellés Obrero, Universitat de Girona | 
|  | 
| Experimental evidence on the long term impacts of a youth training program | 
| presented by: Jochen Kluve, Humboldt-Universität zu Berlin | 
|  | 
|---|
| Session: Energy and Environmental Economics (Job Market) December 14, 2017 15:15 to 16:45
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Xavier Martínez-Giralt, | 
|  | 
| Trust, Compliance and International Regulation | 
| presented by: Ara Jo, London School of Economics | 
|  | 
| Estimation of residental water demand. Accounting for susbstitution patterns and non-linear income effects. | 
| presented by: Marta Suárez-Varela Maciá, Universidad de Valencia | 
|  | 
| Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia | 
| presented by: Dana Kassem, London School of Economics | 
|  | 
|---|
| Session: Banks and Financial Regulation I (Job Market) December 14, 2017 15:15 to 16:45
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Javier Gil-Bazo, Universitat Pompeu Fabra and BGSE | 
|  | 
| Central Bank Liquidity Provision and Segmentation of Collateral Markets | 
| presented by: Dmitry Khametshin, Universitat Pompeu Fabra, Barcelona GSE | 
|  | 
| Cross-Border Residential Lending: Theory and Evidence from the European Sovereign Debt Crisis | 
| presented by: Jaime Luque, University of Wisconsin - Madison | 
|  | 
| Macro prudential Policies in an Open Economy | 
| presented by: Jorge Pozo Sanchez, Universitat Pompeu Fabra | 
|  | 
|---|
| Session: International Trade (Job Market) December 14, 2017 15:15 to 16:45
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Yimei Zou, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Germs, Roads and Trade: Theory and Evidence on the Value of Diversification in Global Sourcing | 
| presented by: Hanwei Huang, London School of Economics/Centre for Economic performance | 
|  | 
| International Trade Liberalization and Domestic Institutional Reform: Effects of WTO Accession on Chinese Internal Migration Policy | 
| presented by: Yuan Tian, UCLA | 
|  | 
| Information Spillovers and the Margins of International Sourcing: Evidence from Sweden | 
| presented by: Evangelia Pateli, Stockholm University | 
|  | 
| Endogenous Production Networks and Gains from Trade | 
| presented by: Yimei Zou, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
|---|
| Session: Macro Theory (Job Market) December 14, 2017 15:15 to 16:45
 40.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Markus Sihvonen, Aalto University, School of Business | 
|  | 
| Discretizing the Infinite-Dimensional Space of Distributions to Approximate Markov Equilibria with Ex-Post Heterogeneity and Aggregate Risk | 
| presented by: Elisabeth Pröhl, Univ. of Geneva, Swiss Finance Institute | 
|  | 
| Is Equity Home Bias Socially Optimal? | 
| presented by: Markus Sihvonen, Aalto University, School of Business | 
|  | 
|---|
| Session: Monetary Policy II (Job Market) December 14, 2017 15:15 to 16:45
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Aliya Algozhina, CERGE-EI | 
|  | 
| A Model of Monetary Policy Shocks for Financial Crises and Normal Conditions | 
| presented by: Victor Valcarcel, University of Texas at Dallas | 
|  | 
| Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy | 
| presented by: Aliya Algozhina, CERGE-EI | 
|  | 
|---|
| Session: Education II December 14, 2017 17:15 to 18:45
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Antonio Miralles, Universitat Autonoma de Barcelona | 
|  | 
| STUDENTS’ PERSISTENT PRECONCEPTIONS AND LEARNING ECONOMIC PRINCIPLES | 
| presented by: Isabel Busom, Universitat Autonoma de Barcelona, Spain | 
|  | 
| Preschool Attendance, Cognitive Skills, and Educational Attainment in Africa | 
| presented by: Jan Bietenbeck, Lund University and IZA | 
|  | 
| A dOOR to Ordinality in Assignment Problems: Outside Option Robustness | 
| presented by: Antonio Miralles, Universitat Autonoma de Barcelona | 
|  | 
|---|
| Session: Development III (Job Market) December 14, 2017 17:15 to 18:45
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Ada Ferrer-i-Carbonell, CSIC | 
|  | 
| Early Marriage and Conflict: Evidence from the Biafran War | 
| presented by: Florence Nimoh, Universitat Autonoma de Barcelona and Barcelona GSE | 
|  | 
| The Selection of Talent: Experimental and Structural Evidence from Ethiopia | 
| presented by: Stefano Caria, University of Oxford | 
|  | 
|---|
| Session: Econometric Theory (Job Market) December 14, 2017 17:15 to 18:45
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Esther Ruiz, University Carlos III de Madrid | 
|  | 
| A correlated randon effects spatial Durbin model | 
| presented by: Karen Alejandra Miranda Gualdrón, Universitat Rovira i Virgili | 
|  | 
| Nonparametric Estimation for Regulation Models | 
| presented by: Andreea Enache, Bocconi University | 
|  | 
|---|
| Session: Labour Economics IV (Job Market) December 14, 2017 17:15 to 18:45
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Javier Fernandez-Blanco, Universitat Autonoma de Barcelona and Ba | 
|  | 
| Labor Services at Will: Regulation of Dismissal and Investment in Industrial Robots | 
| presented by: Giorgio Presidente, PSE / OECD | 
|  | 
| Why Are Older Americans Working More Nowadays? | 
| presented by: Alexey Filatov, Universitat Autonoma de Barcelona and Barcelona GSE | 
|  | 
| Specialization matters in the firm size-wage gap | 
| presented by: Maria Molina Domene, CEP -LSE | 
|  | 
|---|
| Session: Macro IV (Job Market) December 14, 2017 17:15 to 18:45
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Luis Puch, Universidad Complutense de Madrid | 
|  | 
| Duration Dependence in Unemployment: A Structural Approach | 
| presented by: Ioannis Kospentaris, UCLA | 
|  | 
| Inheritance tax planning: Spousal bequests and under-reporting of inheritances in Sweden | 
| presented by: Sebastian Escobar, Uppsala University | 
|  | 
| Banks' balance sheet, uncertainty and macroeconomy | 
| presented by: Ekaterina Pirozhkova, Birkbeck College, University of London | 
|  | 
|---|
| Session: Urban and Regional Economics I (Job Market) December 14, 2017 17:15 to 18:45
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Josep Carrion-i-Silvestre, University of Barcelona | 
|  | 
| Flight from Urban Blight: Lead Poisoning, Crime and Suburbanization | 
| presented by: Federico Curci, Universidad Carlos III de Madrid | 
|  | 
| Winner of  UniCredit & Universities - Econ JM Best Paper Award - The Implications of Declining Firm-Level Uncertainty for Consumption Variety and Cities | 
| presented by: Federica Daniele, Universitat Pompeu Fabra | 
|  | 
|---|
| Session: Experiments December 14, 2017 17:15 to 18:45
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Lara Ezquerra, Middlesex University London | 
|  | 
| Market Interaction and Efficient Cooperation | 
| presented by: Jordi Brandts, Institute of Economic Analysis (CSIC) | 
|  | 
| Information provision and learning outcomes: Helpline intervention in agriculture under risk | 
| presented by: Rebeca Echavarri, Public University of Navarre | 
|  | 
| Provision of Environmental Public Goods:  Unconditional and Conditional Donations from Outsiders | 
| presented by: Esther Blanco, University of Innsbruck | 
|  | 
| Cheating and money manipulation | 
| presented by: Lara Ezquerra, Middlesex University London | 
|  | 
|---|
| Session: Finance III December 14, 2017 17:15 to 18:45
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Ricardo Serrano-Padial, Drexel University | 
|  | 
| Firms' innovation strategy under the shadow of analyst coverage | 
| presented by: Bing Guo, Universidad Carlos III de Madrid | 
|  | 
| Consumption Responses to Financial Liberalization: Evidence from Spain | 
| presented by: Cristina Barcelo, Banco de España | 
|  | 
| Credit Enforcement Cycles | 
| presented by: Ricardo Serrano-Padial, Drexel University | 
|  | 
| High growth firms in employment and productivity: Dynamic interactions and the role of financial constraints | 
| presented by: Sergio Puente, Banco de España | 
|  | 
|---|
| Session: Labour Economics III December 14, 2017 17:15 to 18:45
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Sergi Jimenez-Martin, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
| The Calmfors-Driffill Hypothesis with Labour Market Frictions and Regulated Goods Markets | 
| presented by: Valeri Sorolla, Universitat Autònoma de Barcelona | 
|  | 
| Evaluating the impact of subsidized temporary jobs on labor contract. Evidence from France | 
| presented by: Fabrice Gilles, Université de Lille 1, LEM (UMR9221) and TEPP | 
|  | 
| Hiring subsidies for people with disabilities: Do they work?, | 
| presented by: Sergi Jimenez-Martin, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
|---|
| Session: Macro and Finance Experiments December 14, 2017 17:15 to 18:45
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Bing Xu, Banco de España | 
|  | 
| Asset Price Bubbles and the Distribution of Firms: A Theory of Economic Expansions with an Application to Spain | 
| presented by: Haozhou Tang, Bank of Mexico | 
|  | 
| Monetary Policy under Behavioral Expectations: Theory and Experiment | 
| presented by: Matthias Weber, CEFER, Bank of Lithuania & Vilnius University | 
|  | 
| Permissible collateral and access to finance: Evidence from a natural experiment | 
| presented by: Bing Xu, Banco de España | 
|  | 
|---|
| Session: Environmental Economics December 14, 2017 17:15 to 18:45
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Carmen Arguedas, Universidad Autónoma de Madrid | 
|  | 
| Growth Sustainability and  Consumption Quality | 
| [slides] | 
| presented by: Francisco Alcala, Universidad de Murcia, Ivie and CEPR | 
|  | 
| Values for Environments with Externalities - The Average Approach | 
| presented by: David Perez-Castrillo, UAB and BGSE | 
|  | 
| Enforcing Regulatory Standards in Stock Pollution Problems | 
| presented by: Carmen Arguedas, Universidad Autónoma de Madrid | 
|  | 
|---|
| Session: Banking III December 15, 2017 9:00 to 10:30
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Javier Suarez, CEMFI | 
|  | 
| Equity versus Bail-in Debt in Banking: An Agency Perspective | 
| presented by: Javier Suarez, CEMFI | 
|  | 
| International diversification of Spanish banks | 
| presented by: isabel argimon, Banco de España | 
|  | 
| Debt Stocks Meet Gross Financing Needs: A Flow Perspective into Sustainability | 
| presented by: Carmine Gabriele, European Stability Mechanism | 
|  | 
|---|
| Session: Banks and Financial Regulation II (Job Market) December 15, 2017 9:00 to 10:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Rafael Repullo, CEMFI | 
|  | 
| Bank Competition and Risk Taking in a Zero Interest Environment | 
| presented by: Robin Döttling, University of Amsterdam | 
|  | 
| Competition and Macro-prudential Regulation: An Empirical Model of the UK Mortgage Supermarket | 
| presented by: Matteo Benetton, London School of Economics | 
|  | 
| Forbearance Patterns in the post-crisis Period | 
| presented by: Thore Kockerols, Universite Paris 1 Pantheon-Sorbonne | 
|  | 
|---|
| Session: Finance IV (Job Market) December 15, 2017 9:00 to 10:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Ricardo Gimeno, Banco de España | 
|  | 
| Consumption Volatility Risk and the Inversion of the Yield Curve | 
| presented by: Adriana Grasso, LUISS Guido Carli | 
|  | 
| Fire-Sale Spillovers in a Network Perspective | 
| presented by: Christina Hans, | 
|  | 
|---|
| Session: Industrial Organization II (Job Market) December 15, 2017 9:00 to 10:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Susanna Esteban, CEMFI (Madrid) | 
|  | 
| Platforms' investments in two-sided markets with spillover effects | 
| presented by: Leonardo Madio, University of York | 
|  | 
| On the Countervailing Power of Large Retailers when Shopping Costs Matter | 
| presented by: Shiva Shekhar, Dusseldorf Institute of Competition Econ | 
|  | 
| Time Inconsistency and Naivete-Based Price Discrimination | 
| presented by: Buqu Gao, Boston University | 
|  | 
|---|
| Session: Urban and Regional Economics II (Job Market) December 15, 2017 9:00 to 10:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Francisco Alcala, Universidad de Murcia, Ivie and CEPR | 
|  | 
| Small Teams in Large Cities: Inequality, City Size, and the Organization of Production | 
| presented by: Clara Santamaria, Princeton University | 
|  | 
| The Globe as a Network: Geography and the Origins of the World Income Distribution | 
| presented by: Matt Delventhal, UAB and Barcelona GSE | 
|  | 
|---|
| Session: Education III December 15, 2017 9:00 to 10:30
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Antonio Di Paolo, University of Barcelona | 
|  | 
| Language skills and the intergenerational transmission of languages in a bilingual society | 
| presented by: Antonio Di Paolo, University of Barcelona | 
|  | 
| Simulating a progressive loan system for Spain with real labor market data | 
| presented by: Rocio Madera, Southern Methodist University | 
|  | 
| Preschool Attendance and Child Development and Health: Evidence from State Pre-K Programs | 
| presented by: Mariana Zerpa, University of Leuven | 
|  | 
|---|
| Session: Game Theory II December 15, 2017 9:00 to 10:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Miquel-Angel Garcia-Lopez, Universitat Autonoma de Barcelona & Institut d'Economia de Barcelona | 
|  | 
| Multiproduct trading of indivisible goods with many seller and buyers | 
| presented by: Amparo Urbano, University of Valencia | 
|  | 
| Sharing the revenues from broadcasting sport events | 
| presented by: Juan D. Moreno-Ternero, Universidad Pablo de Olavide | 
|  | 
| Market Power and Welfare in Asymmetric Divisible Good Auctions | 
| presented by: Carolina Manzano, universitat Rovira i Virgili | 
|  | 
| Income segregation in monocentric and polycentric cities: Does urban form really matter? | 
| presented by: Miquel-Angel Garcia-Lopez, Universitat Autonoma de Barcelona & Institut d'Economia de Barcelona | 
|  | 
|---|
| Session: Industrial Organization I December 15, 2017 9:00 to 10:30
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Natalia Fabra, Universidad Carlos III de Madrid | 
|  | 
| The interplay between procurement and the organization of the firm: the use of transfer prices | 
| presented by: Eduard Alonso-Pauli, UIB | 
|  | 
| Dynamic Competition and Price Regulation When Consumers Have Inertia: Evidence from Medicare Part D | 
| [slides] | 
| presented by: Sebastian Fleitas, University of Leuven | 
|  | 
| Licensing Out as a Form of Myopic Management as a Real Activity to Engage in Myopic Management | 
| presented by: Goretti Cabaleiro, Universidad Alberto Hurtado | 
|  | 
| Product Choice and Price Discrimination   in Markets with Search Costs | 
| presented by: Natalia Fabra, Universidad Carlos III de Madrid | 
|  | 
|---|
| Session: Macroeconometrics December 15, 2017 9:00 to 10:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jesús Rodríguez-López, Universidad Pablo de Olavide de Sevilla | 
|  | 
| The Identification Problem for Linear Rational Expectations Models | 
| presented by: Majid Al Sadoon, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Frequency Domain Estimation as an Alternative to Pre-Filtering Low-Frequency Cycles in Structural VAR Analysis | 
| presented by: Alex Perez-Laborda, University Rovira-i-Virgili | 
|  | 
| GDP Trend-cycle Decompositions Using State-level Data | 
| presented by: Manuel Gonzalez-Astudillo, Board of Governors of the Federal Reserve System | 
|  | 
| News of War and Aggregate Fluctuations | 
| presented by: Jesús Rodríguez-López, Universidad Pablo de Olavide de Sevilla | 
|  | 
|---|
| Session: Pensions December 15, 2017 9:00 to 10:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Javier Gil-Bazo, Universitat Pompeu Fabra and BGSE | 
|  | 
| Do pensions foster education? An empirical perspective | 
| presented by: Gianko Michailidis, University of Barcelona | 
|  | 
| Executive pensions and the pay-performance relation. Evidence from changes to pension legislation in the UK | 
| presented by: Ian Gregory-Smith, U Sheffield | 
|  | 
| Diseconomies of Scope and Mutual Fund Performance | 
| presented by: Javier Gil-Bazo, Universitat Pompeu Fabra and BGSE | 
|  | 
|---|
| Session: Regulation II December 15, 2017 9:00 to 10:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 aitor lacuesta, Bank of Spain | 
|  | 
| The impact on urban crime of regulating cannabis social clubs: evidence from a natural experiment | 
| presented by: Daniel Montolio, University of Barcelona (Spain) | 
|  | 
| The Effect of Patent Protection on Inventor Mobility | 
| presented by: Eduardo Melero, Universidad Carlos III de Madrid | 
|  | 
| Corruption and the Regulation of Innovation | 
| presented by: Ester Manna, Universitat de Barcelona | 
|  | 
| PRICE STRATEGIES OF INDEPENDENT AND BRANDED DELAERS IN RETAIL GASOLINE MARKET. THE CASE OF SPAIN | 
| presented by: aitor lacuesta, Bank of Spain | 
|  | 
|---|
| Session: COSME: Children December 15, 2017 11:00 to 12:30
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Irma Clots-Figueras, UC3M | 
|  | 
| The Evolution of Birth Order Effects through Generations: Evidence from the U.S. | 
| presented by: Ana Nuevo-Chiquero, University of Edinburgh | 
|  | 
| The Effect of Income on Child Health:  Evidence from a Child Benefit in Spain | 
| presented by: Libertad González, | 
|  | 
| Religion and Abortion: The Role of Politician Identity | 
| presented by: Irma Clots-Figueras, UC3M | 
|  | 
| Political Instability and Birth Outcomes: Evidence from the 1981 Military Coup in Spain | 
| presented by: Ainhoa Aparicio-Fenoll, Collegio Carlo Alberto | 
|  | 
|---|
| Session: Fiscal Policy II December 15, 2017 11:00 to 12:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Miguel Almunia, University of Warwick | 
|  | 
| Innovation Dynamics and Fiscal Policy: Implications for Growth, Asset Prices, and Welfare | 
| presented by: Patrick Grüning, Bank of Lithuania and Vilnius University | 
|  | 
| Non-linear distortion-based e¤ects of tax changes on output: A worldwide narrative approach | 
| presented by: Daniel Riera-Crichton, Bates College | 
|  | 
| The Young, the Old, and the Government: Demographics and Fiscal Multipliers | 
| presented by: Omar Rachedi, Banco de España | 
|  | 
| Information, Fiscal Capacity and Tax Compliance: Experimental Evidence from Uganda | 
| [slides] | 
| presented by: Miguel Almunia, University of Warwick | 
|  | 
|---|
| Session: Applied Labour Economics (Job Market) December 15, 2017 11:00 to 12:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Daniel Schaefer, University of Edinburgh | 
|  | 
| Diverse Expertise, Peer Effects, and Research Productivity: Does diversity in idea space matter? | 
| presented by: Wei Si, Stockholm University | 
|  | 
| The Part-Time Wage Gap: a Distributional Analysis | 
| presented by: Patricia Gallego Granados, | 
|  | 
| Real wages and hours in the Great Recession: Evidence from firms and their entry-level jobs | 
| presented by: Daniel Schaefer, University of Edinburgh | 
|  | 
|---|
| Session: Finance V (Job Market) December 15, 2017 11:00 to 12:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Joao Rafael Cunha, | 
|  | 
| Toxic Arbitrage and Price Discovery | 
| presented by: Kolja Johannsen, University of Warwick | 
|  | 
| Breaking the Word Bank: Effects of Verbal Uncertainty on Bank Behavior | 
| presented by: Paul Soto, Barcelona GSE and Universitat Pompeu Fabra | 
|  | 
| The Making of Financial Regulation - Voting on the U.S. Congress | 
| presented by: Joao Rafael Cunha, | 
|  | 
|---|
| Session: Health Economics I (Job Market) December 15, 2017 11:00 to 12:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Sergi Jimenez-Martin, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
| Pharmaceutical Promotion to Physicians and the Opioid Epidemic in the US | 
| presented by: Dijana Zejcirovic, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Reference Dependent Decisions on Noncommunicable Diseases: Prevention, Treatment and Optimal Health Insurance | 
| [slides] | 
| presented by: Yaohui Dong, Toulouse School of Economics | 
|  | 
| Infant Health Monitoring, Infant Mortality and Adult Outcomes: Evidence From a Universal Reform in Sweden | 
| presented by: Daniel Knutsson, Stockholm University | 
|  | 
|---|
| Session: Macro V (Job Market) December 15, 2017 11:00 to 12:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jordi Galí, CREI, Universitat Pompeu Fabra and Barcelona GSE | 
|  | 
| Long-Term Care Needs: Implication for Savings, Welfare and Public Policy | 
| presented by: Jesus Bueren, cemfi | 
|  | 
| Policy uncertainty and current account dynamics | 
| presented by: Hayk Kamalyan, Goethe University Frankfurt | 
|  | 
| Portfolio choice in a two-country DSGE model: Capital flows in emerging economies | 
| presented by: Alba Del Villar Olano, Universidad Pública de Navarra | 
|  | 
|---|
| Session: Political Economy II (Job Market) December 15, 2017 11:00 to 12:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jaime Alonso-Carrera, Universidad de Vigo | 
|  | 
| When political parties want to be ambiguous but they can't | 
| presented by: María del Pino Ramos-Sosa, Universidad de Málaga | 
|  | 
| Corrupted Votes and Rule Compliance | 
| presented by: Arno Apffelstaedt, University of Hamburg | 
|  | 
| Economic Distress and Support for Far-right Parties - Evidence from Sweden | 
| presented by: Sirus Dehdari, Stockholm University | 
|  | 
| Voters Provide Wrong Incentives Sometimes. The Brazilian Drought Industry Lesson | 
| presented by: francisco cavalcanti, | 
|  | 
|---|
| Session: International Macro II December 15, 2017 11:00 to 12:30
 40.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Francesca Viani, Bank of Spain | 
|  | 
| International financial integration, volatility, and inequality in a stochastically growing open economy | 
| presented by: Inaki Erauskin, Deusto Business School | 
|  | 
| Oil price pass-through into core inflation | 
| presented by: Matteo Luciani, Federal Reserve Board, Washington DC | 
|  | 
| Fiscal Transfers in a Monetary Union with Sovereign Risk | 
| presented by: GUILHERME DE ALMEIDA BANDEIRA, BANK OF SPAIN | 
|  | 
| Global imbalances from a stock perspective | 
| presented by: Francesca Viani, Bank of Spain | 
|  | 
|---|
| Session: Migration II December 15, 2017 11:00 to 12:30
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Alicia Gómez-Tello, Universidad Autónoma de Barcelona | 
|  | 
| Immigrants' Residential Choices and their Consequences | 
| presented by: Joan Monras, CEMFI | 
|  | 
| International Migration Pressures in the Long Run | 
| presented by: Rodolfo Campos, Banco de España | 
|  | 
| Foreign direct investment and immigration inflows in Spain | 
| presented by: Alicia Gómez-Tello, Universidad Autónoma de Barcelona | 
|  | 
|---|
| Session: Productivity December 15, 2017 11:00 to 12:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Maria Engracia Rochina-Barrachina, University of Valencia and ERICES | 
|  | 
| The Price of Investment Goods | 
| presented by: Fernando Garcia-Belenguer, Universidad Autonoma de Madrid | 
|  | 
| The determinants of the distance to TFP frontier among European firms | 
| presented by: Maria Engracia Rochina-Barrachina, University of Valencia and ERICES | 
|  | 
| Business meals: production factors or consumption goods? | 
| presented by: Pablo Brañas-Garza, Middlesex University | 
|  | 
|---|
| Session: Banking IV December 15, 2017 11:00 to 12:30
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jonathan Smith, Bank of England | 
|  | 
| Monetary Policy at Work: Security and Credit Application Registers Evidence | 
| presented by: Jose Luis Peydro, ICREA, Universitat Pompeu Fabra, CREI, and BGSE | 
|  | 
| Interest Rates, Capital and Bank Risk-Taking | 
| presented by: Jonathan Smith, Bank of England | 
|  | 
| Too Big To Leave: The Case Of Active Owners | 
| presented by: Vicente Bermejo, ESADE Business School | 
|  | 
| Bank resolution and the mutualization of the public backstop in a banking union | 
| presented by: Sergio Vicente, Universidad Carlos III de Madrid | 
|  | 
|---|
| Session: Business Cycles December 15, 2017 11:00 to 12:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Christian Haefke, New York University, Abu Dhabi | 
|  | 
| The quality dymension in international prices and two macroeconomic puzzles | 
| presented by: Marta Arespa Castello, Universitat de Barcelona | 
|  | 
| Long Live the Vacancy! | 
| presented by: Christian Haefke, New York University, Abu Dhabi | 
|  | 
| Uncertainty and firm dynamics: Search and monitoring in credit cycles | 
| presented by: Marlène Isoré, University of Helsinki and Bank of Finland | 
|  | 
|---|
| Session: Keynote Lecture. Carlos Garriga (Federal Reserve Bank of St. Louis): "Housing, Mortgage Debt, and the Macroeconomy" December 15, 2017 12:45 to 13:45
 30.S01 Auditori
 | 
|---|
|  | 
|---|
|  | 
|---|
| Session: Banks and Financial Regulation III (Job Market) December 15, 2017 15:00 to 16:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Javier Suarez, CEMFI | 
|  | 
| Bank Risk-taking and Misconduct | 
| presented by: Ieva Sakalauskaite, University of Amsterdam | 
|  | 
| Impact of Bail-in on Banks’ Bond Yields and Market Discipline | 
| presented by: Raffaele Giuliana, NHH | 
|  | 
| Clawback provisions, executive pay and accounting manipulation | 
| presented by: Alvaro Remesal, CEMFI | 
|  | 
|---|
| Session: COSME: Gender I (Job Market) December 15, 2017 15:00 to 16:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Libertad González, | 
|  | 
| Divorce laws and intimate partner violence: Evidence from Mexico | 
| presented by: Aixa Maria Garcia-Ramos, University of Birmingham | 
|  | 
| This is how we do: how social norm and diachronic social identity shape decision making under risk. | 
| presented by: Francesca Lipari, LUMSA University (LIBERA UNIVERSITÀ MARIA SS. ASSUNTA) | 
|  | 
|---|
| Session: Labour Economics VI (Job Market) December 15, 2017 15:00 to 16:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Nuria Rodriguez-Planas, Queens College of CUNY | 
|  | 
| The pass-through of minimum wages into US retail prices: evidence from supermarket scanner data | 
| presented by: Tobias Renkin, University of Zurich | 
|  | 
| Social Security Reform, Occupational Retirement and the Heterogeneous Roles of Physical and Cognitive Health | 
| presented by: Jiayi Wen, CEMFI | 
|  | 
| The Labor Share in the Service Economy | 
| presented by: Luis Diez-Catalan, University of Minnesota | 
|  | 
| The Macroeconomic Effects of Employment Protection on Human Capital and Jobs | 
| presented by: Joaquin Garcia-Cabo, University of Minnesota | 
|  | 
|---|
| Session: Micro Theory II (Job Market) December 15, 2017 15:00 to 16:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 David Perez-Castrillo, UAB and BGSE | 
|  | 
| Knowing what matters for others: information selection in auctions | 
| presented by: Nina Bobkova, University of Bonn | 
|  | 
| Venture Capitalists' Span of Control and Fund Structure in a Directed Search Model | 
| presented by: Francesco Sannino, London School of Economics | 
|  | 
|---|
| Session: Finance VI December 15, 2017 15:00 to 16:30
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Vicente Cunat, London School of Economics | 
|  | 
| The Domestic Transmission of International Shocks: Evidence from US and Mexican Mutual Funds | 
| presented by: Miguel Karlo De Jesus, Universitat Pompeu Fabra | 
|  | 
| Costly Interpretation of Asset Prices | 
| presented by: Xavier Vives, IESE | 
|  | 
| Credit Supply, Education and Mortgage Debt: The BNP Securitization Shock in Spain | 
| presented by: Sergi Basco, Universidad Carlos III de Madrid | 
|  | 
| Night Fever: Investor Inattention and the Timing of Corporate Filings | 
| presented by: Vicente Cunat, London School of Economics | 
|  | 
|---|
| Session: Growth I December 15, 2017 15:00 to 16:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Fidel Perez Sebastian, University of Alicante | 
|  | 
| Heterogeneity in the debt-growth nexus: Evidence from EMU countries | 
| presented by: Simon Sosvilla-Rivero, Universidad Complutense de Madrid | 
|  | 
| Public Infrastructure and Structural Transformation | 
| presented by: Fidel Perez Sebastian, University of Alicante | 
|  | 
| European Union Regional Policy and Development in Spain 1989-2010: Capital Widening and Productivity Stagnation | 
| presented by: Paulino Montes-Solla, University of A Coruña | 
|  | 
|---|
| Session: Inequality II December 15, 2017 15:00 to 16:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Marc Goni, University of Vienna | 
|  | 
| Market Income Inequality from Occupational Choice | 
| presented by: Luis Medrano, Centro Universitario de la Defensa (Zaragoza) | 
|  | 
| A tale worth telling: prices and regional development | 
| presented by: Alfonso Díez Minguela, Universitat de València | 
|  | 
| Skill Premium, Labor Supply and Changes in the Structure of Wages in Latin America | 
| presented by: Julian Messina, Inter-American Development Bank | 
|  | 
| Childless Aristocrats. Fertility, Inheritance, and Persistent Inequality in Britain (1650--1882) | 
| presented by: Marc Goni, University of Vienna | 
|  | 
|---|
| Session: COSME: Labour Economics V December 15, 2017 15:00 to 16:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Cristina Barcelo, Banco de España | 
|  | 
| Labor share and capital obsolescence | 
| presented by: Fernando del Río, University of Santiago de Compostela | 
|  | 
| Macroeconomic costs of gender gaps in a model with entrepreneurship and household production | 
| presented by: Marc Teignier, Universitat de Barcelona | 
|  | 
| Labor Market Frictions and Lowest Low Fertility | 
| presented by: Virginia Sánchez-Marcos, Universidad de Cantabria | 
|  | 
| The Risk of Job Loss, Household Formation and Housing Demand: Evidence from Differences in Severance Payments | 
| presented by: Cristina Barcelo, Banco de España | 
|  | 
|---|
| Session: Networks December 15, 2017 15:00 to 16:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Enrique Moral-Benito, Bank of Spain | 
|  | 
| Tragedy of the Commons and Evolutionary Games in Social Networks: The Economics of Social Punishment | 
| presented by: Jorge Marco, University of Girona | 
|  | 
| The Private Provision of Public Goods on Endogenous Networks | 
| presented by: Markus Kinateder, Universidad de Navarra | 
|  | 
| Best Response in Public Good Games on Networks | 
| presented by: sebastian bervoets, Aix-Marseille School of Economics | 
|  | 
| Credit Supply Shocks, Networks Effects, and the Real Economy | 
| presented by: Enrique Moral-Benito, Bank of Spain | 
|  | 
|---|
| Session: Taxation December 15, 2017 15:00 to 16:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Bettina Brueggemann, McMaster University | 
|  | 
| Consumption Inequality across Heterogeneous Families | 
| presented by: Alexandros Theloudis, LISER Luxembourg and UCL Department of Economics | 
|  | 
| Optimal Fiscal Policy with Consumption Taxation | 
| presented by: Giorgio Motta, Lancaster University | 
|  | 
| Higher Taxes at the Top: The Role of Entrepreneurs | 
| presented by: Bettina Brueggemann, McMaster University | 
|  | 
|---|
| Session: Voting II December 15, 2017 15:00 to 16:30
 40.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jose Guillermo Diaz, CENTRUM Catolica | 
|  | 
| Foreign Firms’ Returns to U.S. Political Contributions: Foreign-connected PAC contributions and the 2016 presidential election | 
| presented by: Joerg Stahl, Católica Lisbon School of Business & Economics | 
|  | 
| Lobbying, Campaign Contributions and Political Competition | 
| presented by: Javier Rivas, University of Bath | 
|  | 
| Shape or Substance: How Influential is Ballot Design in Elections? | 
| presented by: Jose Guillermo Diaz, CENTRUM Catolica | 
|  | 
|---|
| Session: Trade I December 15, 2017 15:00 to 16:30
 40.S03
 | 
|---|
|  | 
|---|
| Session Chair: 
 Timothy Kehoe, University of Minnesota | 
|  | 
| China’s Import Competition and Innovation: the Role of Unions | 
| presented by: Alessia Matano, University of Barcelona | 
|  | 
| Might Uncertainty Encourage International Trade? | 
| presented by: Isaac Baley, Universitat Pompeu Fabra & Barcelona GSE | 
|  | 
| Foreign Direct Investment in Middle East and North Africa: The role of Institutions in presence of Black Gold | 
| presented by: Federico Carril, University of Granada | 
|  | 
| Quantitative Trade Models: Developments and Challenges | 
| presented by: Timothy Kehoe, University of Minnesota | 
|  | 
|---|
| Session: Urrutia-Elejalde Foundation Keynote Lecture. Luisa Fuster (Universidad Carlos III de Madrid): “Hours, Occupations, and Gender Differences in Labor Market Outcomes” December 15, 2017 17:00 to 18:00
 30.S01 Auditori
 | 
|---|
|  | 
|---|
|  | 
|---|
| Session: Empirical IO II December 16, 2017 9:00 to 10:30
 24.013
 | 
|---|
|  | 
|---|
| Session Chair: 
 Oivind Nilsen, Norwegian School of Economics | 
|  | 
| Exploring the impact of new medical technology on workforce planning | 
| presented by: Laia Maynou-Pujolras, UPF & LSE | 
|  | 
| Intermittent Price-Changes in Production Plants: Empirical Evidence using Monthly Data | 
| presented by: Oivind Nilsen, Norwegian School of Economics | 
|  | 
|---|
| Session: Education IV(Job Market) December 16, 2017 9:00 to 10:30
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Gonzalo Zunino, Universidad Autónoma de Madrid | 
|  | 
| Rescuing Low-Income, High-Ability Students | 
| presented by: Sebastian Gallegos, Princeton University | 
|  | 
| Socio-economic Gaps in University Enrollment: The Role of Perceived Pecuniary and Non-Pecuniary Returns | 
| presented by: Teodora Boneva, University College London | 
|  | 
| Teacher Quality and Cross Country Differences in Student Achievements | 
| [slides] | 
| presented by: Gonzalo Zunino, Universidad Autónoma de Madrid | 
|  | 
|---|
| Session: Finance VII (Job Market) December 16, 2017 9:00 to 10:30
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Julio Galvez, CEMFI | 
|  | 
| Can we really discard forecasting ability of option implied Risk-Neutral Distributions? | 
| presented by: Maria Magdalena Vich Llompart, Universitat de les Illes Balears | 
|  | 
| The pied piper of pensioners | 
| presented by: Conrado Cuevas, University of Warwick | 
|  | 
| Household portfolio choices and nonlinear income risk | 
| presented by: Julio Galvez, CEMFI | 
|  | 
|---|
| Session: Macro VII (Job Market) December 16, 2017 9:00 to 10:30
 40.113
 | 
|---|
|  | 
|---|
|  | 
| Autoregressive Models with Time-Varying Dependence and Stochastic Volatility: An Application to Inflation Forecasting | 
| presented by: Douglas Eduardo Turatti, | 
|  | 
| Voting on Education and Redistribution Policies in the U.S: Does Endogenous Fertility Matter? | 
| presented by: Vera Tolstova, CERGE-EI | 
|  | 
| Specific Skills and the Business Cycle Effects on the Postgraduate Wage Premium | 
| presented by: Ran Gu, UCL | 
|  | 
|---|
| Session: Migration III (Job Market) December 16, 2017 9:00 to 10:30
 24.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Henrik Andersson, Uppsala University | 
|  | 
| The Labor Market Impact of Undocumented Immigrants: Job Creation vs. Job Competition | 
| presented by: Christoph Albert, UPF and Barcelona GSE | 
|  | 
| Immigrant Firms and Neighboring Networks | 
| presented by: Henrik Andersson, Uppsala University | 
|  | 
|---|
| Session: Public Policies (Job Market) December 16, 2017 9:00 to 10:30
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Matthias Kredler, Universidad Carlos III Madrid | 
|  | 
| Can the Private Sector Ensure the Public Interest? Evidence from Federal Procurement | 
| presented by: Leonardo Maria Giuffrida, University of Rome Tor Vergata | 
|  | 
| Reference Dependence in Retirement Behavior: Evidence from German Pension Discontinuities | 
| presented by: Arthur Seibold, London School of Economics | 
|  | 
| Labor demand response to labor supply incentives: Evidence from a German Labor Market Reform | 
| presented by: Gabriela Galassi, European University Institute | 
|  | 
|---|
| Session: COSME: Gender II December 16, 2017 9:00 to 10:30
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Rocío Sánchez-Mangas, Universidad Autónoma de Madrid | 
|  | 
| Work Schedules and Parents' Time Allocation | 
| presented by: Arantza Ugidos, University of the Basque Country | 
|  | 
| Gender Differences in Alternating-Offer Bargaining: An Experimental Study | 
| presented by: Iñigo Hernandez-Arenaz, University of the Balearic Islands | 
|  | 
| The Gender Wage Growth Gap at Early Ages Among College Graduated in Europe | 
| presented by: Rocío Sánchez-Mangas, Universidad Autónoma de Madrid | 
|  | 
|---|
| Session: Growth II December 16, 2017 9:00 to 10:30
 40.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jana Hromcova, Universitat Autònoma de Barcelona | 
|  | 
| Anatomizing the mechanics of structural change | 
| presented by: Jaime Alonso-Carrera, Universidad de Vigo | 
|  | 
| Location, location, location: Do universities matter for foreign R&D? | 
| presented by: Dolores Añon Higon, Universitat de Valencia | 
|  | 
| Defence Spending, Institutional Environment and Economic Growth: NATO Membership | 
| presented by: Jana Hromcova, Universitat Autònoma de Barcelona | 
|  | 
|---|
| Session: Industrial Organization III December 16, 2017 9:00 to 10:30
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Pau Balart, Universitat de les Illes Balears | 
|  | 
| Peer Effects in Art Prices | 
| presented by: Maria Marchenko, University of Mannheim, WU Vienna | 
|  | 
| Product Differentiation, Semiorder Preferences and Price-Oriented Buyers | 
| presented by: Pau Balart, Universitat de les Illes Balears | 
|  | 
|---|
| Session: Macro VI December 16, 2017 9:00 to 10:30
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Jan-Philipp Dueber, University of Kent | 
|  | 
| How to Solve Dynamic Stochastic Models Computing Expectations Just Once | 
| presented by: Inna Tsener, University of the Balearic Islands | 
|  | 
| Aging and the macroeconomy | 
| presented by: Juan Carlos Conesa, Stony Brook University | 
|  | 
| On overborrowing: trend shocks and capital controls | 
| presented by: Hernan Seoane, Universidad Carlos III de Madrid | 
|  | 
| Volatility Driven Capital Flows in Emerging Market Economies | 
| presented by: Jan-Philipp Dueber, University of Kent | 
|  | 
|---|
| Session: Political Economy III December 16, 2017 9:00 to 10:30
 24.023
 | 
|---|
|  | 
|---|
| Session Chair: 
 Antoine Loeper, UNIVERSIDAD CARLOS III DE MADRID | 
|  | 
| The Effects of Revealed Corruption on Local Finances | 
| presented by: Jordi Perdiguero, Universidad Autónoma de Barcelona | 
|  | 
| The Reach of Radio: Defection Messaging and Armed Group Behavior | 
| presented by: Alex Armand, University of Navarra | 
|  | 
| Reading Between the Lines: Prediction of Political Violence Using Newspaper Text | 
| presented by: Christopher Rauh, University of Montreal | 
|  | 
| Gridlock and Inefficient Policy Insturments | 
| presented by: Antoine Loeper, UNIVERSIDAD CARLOS III DE MADRID | 
|  | 
|---|
| Session: Urban Economics December 16, 2017 9:00 to 10:30
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Alfonso Díez Minguela, Universitat de València | 
|  | 
| Publicly-supplied water demand for industrial uses. The case of Spain | 
| presented by: Pilar Gracia de Rentería, University of Zaragoza | 
|  | 
| City size distribution and space | 
| presented by: Rafael González-Val, Universidad de Zaragoza & Institut d'Economia de Barcelona (IEB) | 
|  | 
| The determinants of garage prices and their interaction with curbside regulation | 
| presented by: Albert Gragera, University of Barcelona | 
|  | 
| The Shadow of Cities: Size, Location and the Spatial Distribution of Population in Spain | 
| presented by: Alfonso Díez Minguela, Universitat de València | 
|  | 
|---|
| Session: Finance VIII December 16, 2017 10:45 to 12:15
 40.113
 | 
|---|
|  | 
|---|
| Session Chair: 
 Ariadna Dumitrescu, ESADE Business School | 
|  | 
| Allocative Efficiency and Finance | 
| presented by: Andrea Linarello, Bank of Italy | 
|  | 
| Estimating the House Price Elasticity of Brownfield Re-Development in English Cities | 
| presented by: Felipe Carozzi, London School of Economics | 
|  | 
| Information and Optimal Trading Strategies with Dark Pools | 
| presented by: Ariadna Dumitrescu, ESADE Business School | 
|  | 
|---|
| Session: Empirical Political Economy (Job Market) December 16, 2017 10:45 to 12:15
 24.104
 | 
|---|
|  | 
|---|
| Session Chair: 
 Gyozo Gyongyosi, Central European University | 
|  | 
| Not welcome anymore: the effect of electoral incentives on the reception of refugees | 
| presented by: Matteo Gamalerio, University of Warwick | 
|  | 
| Labor Market Concerns and Support For Immigration | 
| presented by: Christopher Roth, University of Oxford | 
|  | 
| Financial Crisis, Creditor-Debtor Conflict and Political Extremism | 
| presented by: Gyozo Gyongyosi, Central European University | 
|  | 
|---|
| Session: Health Economics II (Job Market) December 16, 2017 10:45 to 12:15
 24.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Pedro Rey-Biel, Universitat Autònoma de Barcelona | 
|  | 
| Are Public Hospitals Overcrowded? Evidence from Trauma and Orthopaedics in England | 
| presented by: Thomas Hoe, University College London | 
|  | 
| Does Prospective Pay Always Reduce Length Of Stay? New Evidence From The German DRG System | 
| presented by: Jakob Schlockermann, Princeton University | 
|  | 
|---|
| Session: Labour Economics VIII (Job Market) December 16, 2017 10:45 to 12:15
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Samuel Bentolila, CEMFI | 
|  | 
| Search capital and Unemployment Duration | 
| presented by: Cristina Lafuente, University of Edinburgh | 
|  | 
| Supply and Demand in a Two-Sector Matching Model | 
| presented by: Pawel Gola, University of Cambridge | 
|  | 
| Matching with Homophily | 
| presented by: Sonal Yadav, University of Padova, Italy | 
|  | 
|---|
| Session: Monetary Policy IV (Job Market) December 16, 2017 10:45 to 12:15
 24.021
 | 
|---|
|  | 
|---|
| Session Chair: 
 Francisco Vazquez-Grande, Federal Reserve Board | 
|  | 
| Contagion along the business cycle | 
| [slides] | 
| presented by: Massimo Ferrari, Catholic University of Milan | 
|  | 
| Optimal Negative Interest on Reserves: the Maturity-Transformation Channel of Monetary Policy Transmission | 
| presented by: Davide Porcellacchia, London School of Economics | 
|  | 
| Unconventional Monetary Policy and Income Inequality | 
| presented by: Karen Davtyan, University of Barcelona | 
|  | 
|---|
| Session: Political Economy IV (Job Market) December 16, 2017 10:45 to 12:15
 24.S19
 | 
|---|
|  | 
|---|
| Session Chair: 
 Virginia Sánchez-Marcos, Universidad de Cantabria | 
|  | 
| Coalitional Bargaining in Stationary Markets | 
| presented by: Eduard Talamàs, University of Pennsylvania | 
|  | 
| Property Rights, Resources, and Wealth: Evidence from a large land reform in the United States | 
| presented by: Mathias Iwanowsky, Stockholm University | 
|  | 
| Activated History – The Case of the Turkish Sieges of Vienna | 
| [slides] | 
| presented by: Christian Ochsner, ifo Institute for Economic Research at the University of Munich e.V. | 
|  | 
|---|
| Session: Risk and (Re)allocation in Macroeconomics December 16, 2017 10:45 to 12:15
 40.S01
 | 
|---|
|  | 
|---|
| Session Chair: 
 Matthias Kredler, Universidad Carlos III Madrid | 
|  | 
|---|
| Session: Game Theory III December 16, 2017 10:45 to 12:15
 24.120
 | 
|---|
|  | 
|---|
| Session Chair: 
 Víctor Hernández García, FEDEA | 
|  | 
| Can aversion to inequity trump strategic dominance? | 
| presented by: Jaromir Kovarik, University of the Basque Country & Bridge | 
|  | 
| Disclosing Decision Makers' Private Interests | 
| [slides] | 
| presented by: Antoni-Italo de Moragas, European University Institute | 
|  | 
| Market-based algorithm for predicting soccer scores | 
| presented by: Víctor Hernández García, FEDEA | 
|  | 
|---|
| Session: Inequality III December 16, 2017 10:45 to 12:15
 23.S05
 | 
|---|
|  | 
|---|
| Session Chair: 
 Astrid Kunze, NHH Norwegian School of Economics | 
|  | 
| Income Inequality, Financial Crises and Monetary Policy | 
| presented by: Isabel Cairo, Board of Governors of the Federal Reserve System | 
|  | 
| Beyond Kuznets: inequality and the size and distribution of cities | 
| presented by: David Castells-Quintana, Universidad Autonoma de Barcelona | 
|  | 
| Rethinking the Welfare State | 
| presented by: Nezih Guner, CEMFI | 
|  | 
| The effect of children on earnings inequality among men | 
| presented by: Astrid Kunze, NHH Norwegian School of Economics | 
|  | 
|---|
| Session: Labour Economics VII December 16, 2017 10:45 to 12:15
 24.009
 | 
|---|
|  | 
|---|
| Session Chair: 
 Berta Esteve-Volart, York University | 
|  | 
| BAR OPENING HOURS, ALCOHOL CONSUMPTION AND WORKPLACE ACCIDENTS | 
| presented by: Judit Vall Castello, Universitat Pompeu Fabra | 
|  | 
| Unemployment Risks and Intra-Household Insurance | 
| presented by: Javier Fernandez-Blanco, Universitat Autonoma de Barcelona and Ba | 
|  | 
| Performance Pay and Judicial Production: Evidence from Spain | 
| presented by: Berta Esteve-Volart, York University | 
|  | 
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| Session: Monetary Policy III December 16, 2017 10:45 to 12:15
 24.S01
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| Session Chair: 
 Maria Eleftheriou, Universidad Autónoma de Madrid | 
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| Macroprudential Policies in a Low Interest-Rate Environment | 
| presented by: Fang Yao, RBNZ | 
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| Did the Bundesbank react to the US dollar exchange rate? | 
| presented by: Maria Eleftheriou, Universidad Autónoma de Madrid | 
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| Session: Trade II December 16, 2017 10:45 to 12:15
 24.023
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| Session Chair: 
 Laura Montolio, | 
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| The choice of Infrastructure Investments: Evidence from the Division of Germany | 
| presented by: Marta Santamaria, Universitat Pompeu Fabra / BGSE | 
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| Value Added and Productivity Linkages Across Countries | 
| presented by: Francois de Soyres, Toulouse School of Economics | 
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| Determinants of FDI for Spanish Regions: Evidence using stock data | 
| presented by: Laura Montolio, | 
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| Session: COSME Committee Lecture. Barbara Petrongolo (Queen Mary University London): “The remaining gender gaps: new perspectives and the role of gender norms" December 16, 2017 13:00 to 14:15
 30.S01 Auditori
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