The Congress Programme is subject to last minute changes.
This version of the Programme was viewed at 7/8/2005 9:15:12 AM
SATURDAY 20 AUGUST 2005
| 09:00 - 10:45 |
PAIRED INVITED LECTURES
Applied and Empirical Microeconomics |
| 09:00 - 10:45 |
EMPIRICAL MODELLING OF IMPERFECT COMPETITION (AEM)
Chairperson: James Powell, UC Berkeley Discussant: Aviv Nevo, Northwestern University |
Room Cruciform LT1 |
|
EMPIRICAL MODELS OF AUCTIONS
Susan Athey, Stanford University and Phil Haile, Yale |
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EMPIRICAL MODELS OF OLIGOPOLY ENTRY PRICING AND DIFFERENTIATION
Steve Berry, Yale University and Elie Tamer, Northwestern University |
| 09:00 - 10:45 |
PAIRED INVITED LECTURES
Econometrics |
| 09:00 - 10:45 |
FINANCIAL ECONOMETRICS (ECO)
Chairperson: Robert Engle, New York University Discussant: Oliver Linton, LSE |
Room Z3 - Ingold Auditorium |
|
THE ECONOMETRICS OF ULTRA HIGH FREQUENCY DATA AND MARKET MICROSTRUCTURE NOISE
Yacine Ait-Sahalia, Princeton University |
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|
VARIATION, JUMPS, MARKET FRICTIONS AND HIGH FREQUENCY DATA IN FINANCIAL ECONOMETRICS
Neil Shephard, Oxford University Co-Author: Ole E. Barndorff-Nielsen, University of Aarhus |
| 09:00 - 10:45 |
PAIRED INVITED LECTURES
Experimental and Behavioral Economics |
| 09:00 - 10:45 |
BEHAVIOURAL ECONOMICS (EBE)
Chairperson: Jean Tirole, IDEI Discussant: Ariel Rubinstein, tel aviv univeristy and new york university |
Room Bloomsbury Theatre |
|
BEHAVIOURAL ECONOMICS
Colin Camerer, Caltech |
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|
INCENTIVES AND SELF CONTROL
Matthew Rabin, University of California, Berkeley |
| 10:45 - 11:15 | BREAK |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Macroeconomics |
| 11:15 - 12:45 |
BORROWING CONSTRAINTS (MAC)
Chairperson: Emilio Fernandez-Corugedo, Centre for Central Banking Studies, Bank of England |
Room Z3 - Ingold Auditorium |
|
BORROWING CONSTRAINTS, COLLEGE AID, AND INTERGENERATIONAL MOBILITY
Charles Ka Yui LEUNG, Chinese Univ of Hong Kong Co-Authors: Eric Hanushek, Hoover Institution, Stanford University and Kuzey Yilmaz, Koc University |
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|
HOUSING, PERSONAL BANKRUPTCY, AND ENTREPRENEURSHIP
Cesaire Meh, Bank of Canada Co-Author: Yaz Terajima, Bank of Canda |
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|
CONSUMER CREDIT CONDITIONS IN THE UK
Emilio Fernandez-Corugedo, Centre for Central Banking Studies, Bank of England Co-Author: John Muellbauer, Official Fellow |
| 11:15 - 12:45 |
HUMAN CAPITAL AND GROWTH (MAC)
Chairperson: Neville Nien-Huei Jiang, Vanderbilt University |
Room Z3 - Ingold LT |
|
INTELLIGENCE, HUMAN CAPITAL, AND ECONOMIC GROWTH: AN EXTREME-BOUNDS ANALYSIS
Garett Jones, Southern Illinois University |
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|
EDUCATION AND SELF-EMPLOYMENT: RELATIONSHIPS BETWEEN EARNINGS AND WEALTH INEQUALITY
Yaz Terajima, Bank of Canda |
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|
ABILITY-HETEROGENEITY, ENTREPRENEURSHIP, AND ECONOMIC GROWTH
Neville Nien-Huei Jiang, Vanderbilt University Co-Authors: Ping Wang, Vanderbilt University and Haibin Wu, University of Alberta |
| 11:15 - 12:45 |
MONETARY ECONOMICS IV (MAC)
Chairperson: Chiara Scotti, University of Pennsylvania |
Room Z3 - Archeology |
|
MONEY AND CAPITAL
S. Boragan Aruoba, University of Maryland Co-Authors: Christopher Waller, University of Notre Dame and Randall Wright, University of Pennsylvania |
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PRECAUTIONARY BALANCES AND THE VELOCITY OF CIRCULATION OF MONEY
Miquel Faig, University of Toronto Co-Author: Belén Jerez, UNIVERSIDAD CARLOS III DE MADRID |
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|
A MULTIVARIATE BAYESIAN ANALYSIS OF POLICY RATES: FED AND ECB TIMING AND LEVEL DECISIONS
Chiara Scotti, University of Pennsylvania |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Finance |
| 11:15 - 12:45 |
CORPORATE MISSREPORTING (FIN)
Chairperson: Angelo Baglioni, Catholic University |
Room Z2 - Engineering LT1 |
|
MANAGERS' COMPENSATION AND MISREPORTING: A COSTLY STATE VERIFICATION APPROACH
Luca Colombo, Catholic University - Milano Co-Author: Angelo Baglioni, Catholic University |
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|
CORPORATE FRAUD AND COSTLY MONITORING: AN EMPIRICAL ANALYSIS OF A SIMULTANEOUS SYSTEM WITH PARTIAL OBSERVABILITY
Si Li, Duke University |
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|
ACCOUNTING FRAUD AND THE PRICING OF CORPORATE LIABILITIES: STRUCTURAL MODELS WITH GARBLING
Umberto Cherubini, University of Bologna Co-Author: Angelo Baglioni, Catholic University |
| 11:15 - 12:45 |
ASSET PRICING, IPO, AND HETEROGENEITY (FIN)
Chairperson: Matthew Pritsker, Federal Reserve Board |
Room Z2 - Engineering LT2 |
|
STRETCHED TOO THIN: THE EFFECT OF INVESTMENT BANKING CAPACITY CONSTRAINTS IN HOT IPO MARKETS
Naveen Khanna, Michigan State University Co-Authors: Thomas Noe, Tulane University and Ramana Sonti, A.B. Freeman School of business. Tulane University |
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|
A MARKET MODEL WITH INSIDER'S TRADES AND NO INFORMATION TRANSMISSION
Emilio Barucci, University of Pisa Co-Authors: roberto monte, university of rome II and barbara trivellato, politecnico di torino |
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|
A FULLY-RATIONAL LIQUIDITY-BASED THEORY OF IPO UNDERPRICING AND UNDERPERFORMANCE
Matthew Pritsker, Federal Reserve Board |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Public/Political Economics |
| 11:15 - 12:45 |
PUBLIC GOODS (PPE)
Chairperson: Andreas Lange, University of Maryland |
Room Z2 - Hill |
|
BARGAINING OVER PUBLIC GOODS
Julio Davila, U of Pennsylvania and Cermsem (CNRS-U Paris 1) Co-Authors: Jan Eeckhout, U of Pennsylvania and Cesar Martinelli, Instituto Tecnologico Autonomo de Mexico |
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|
PRIVATE INFORMATION OF NONPATERNALISTIC ALTRUISM: EXAGGERATION AND RECIPROCATION OF GENEROSITY
Yuk-fai Fong, Norhwestern University |
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|
USING LOTTERIES TO RAISE MONEY FOR PUBLIC GOODS:EVIDENCE FROM A DOOR-TO-DOOR FUNDRAISING CAMPAIGN
Andreas Lange, University of Maryland Co-Authors: John List, U Maryland and Michael Price, U Maryland |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Development Economics |
| 11:15 - 12:45 |
AID, POLICY AND DEVELOPMENT (DEV)
Chairperson: Almuth Scholl, Humboldt-University of Berlin |
Room Z3 - Gordon House |
|
DONOR POLICIES AND AID EFFECTIVENESS
Carl-Johan Dalgaard, University of Copenhagen |
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REFORMS AND CONFIDENCE
Pertti Haaparanta, Helsinki School of Economics Co-Author: Jukka Pirttilä, Labour Institute for Economic Research |
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|
CONDITIONAL FOREIGN AID, LIMITED ENFORCEABILITY
AND GROWTH
Almuth Scholl, Humboldt-University of Berlin |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Applied and Empirical Microeconomics |
| 11:15 - 12:45 |
FERTILITY AND MARRIAGE (AEM)
Chairperson: Sonia Oreffice, Clemson University |
Room Z2 - Biochemistry |
|
SOCIOECONOMIC MOBILITY AND FERTILITY: A NEW LOOK AT AN OLD QUESTION
Louise Keely, University of Wisconsin |
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THE LEGALIZATION OF ABORTION AND WOMEN'S BARGAINING POWER: A MARRIAGE MARKET ANALYSIS
Sonia Oreffice, Clemson University Co-Author: Chiappori Pierre, Columbia University |
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|
DOES FERTILITY RESPOND TO FINANCIAL INCENTIVES?
Guy Laroque, INSEE-CREST Co-Author: Bernard Salanié, |
| 11:15 - 12:45 |
PRODUCTIVITY AND ENTREPRENERSHIP (AEM)
Chairperson: Hodaka Morita, School of Economics, University of New South Wales |
Room Z3 - Ricardo |
|
FIRM SIZE AND THE QUALITY OF ENTREPRENEURS
Hvide Hans K., Norwegian School of Economics and Business and CEPR |
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FIRM DYNAMICS, LABOR MOBILITY AND SPECIFIC HUMAN CAPITAL
Hodaka Morita, School of Economics, University of New South Wales |
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MANAGEMENT MATTERS: MANAGEMENT PRACTICES AND PRODUCTIVITY DISPERSION BETWEEN FIRMS AND NATIONS
John Van Reenen, London School of Economics Co-Authors: Nick Bloom, Centre for Economic Performance, London School of Economics and Stephen Bond, Nuffield College, Oxford |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Labor Economics |
| 11:15 - 12:45 |
CAREERS AND TRAINING (LAB)
Chairperson: Chris Harris, Cambridge |
Room Z2 - Embriology |
|
TEACHING TO THE TOP AND SEARCHING FOR SUPERSTARS
Heski Bar-Isaac, New York University Co-Author: Juanjo Ganuza, UPF |
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DRIVE AND TALENT
Wei Li, University of California, Riverside |
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|
FIRM-SPECIFIC TRAINING
Chris Harris, Cambridge |
| 11:15 - 12:45 |
WAGE INEQUALITY (LAB)
Chairperson: Pedro Carneiro, University College London |
Room Z2 - Young |
|
ESTIMATION OF CAUSAL EFFECTS ON WAGE INEQUALITY USING IV METHODS AND
SAMPLE SELECTION MODELS
Stacey Chen, SUNY at Albany Co-Author: Shakeeb Kahn, Rochester |
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|
THE COMPUTER EVOLUTION: DIFFUSION AND THE U.S. WAGE DISTRIBUTION, 1984-2003
Robert Valletta, Federal Reserve Bank of San Francisco |
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|
ABILITY, SORTING AND WAGE INEQUALITY
Pedro Carneiro, University College London Co-Author: Sokbae Lee, University College London |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
International Economics |
| 11:15 - 12:45 |
TRADE AND FIRM HETEROGENEITY (INT)
Chairperson: Miguel Fuentes, Pontificia Universidad Catolica de Chile |
Room Z3 - Jevons |
|
IMPORT PROTECTION AS EXPORT DESTRUCTION
Hiroyuki Kasahara, The University of Western Ontario Co-Author: Beverly Lapham, Queen's University |
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COMPARATIVE ADVANTAGE AND HETEROGENEOUS FIRMS
Stephen Redding, London School of Economics and CEPR Co-Authors: Andrew Bernard, Tuck School of Business at Dartmouth and Peter Schott, Yale School of Management |
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|
FIRM DYNAMICS AND REAL EXCHANGE RATE FLUCTUATIONS:DOES TRADE OPENNESS MATTER? EVIDENCE FROM MEXICO'S MANUFACTURINGSECTOR
Miguel Fuentes, Pontificia Universidad Catolica de Chile Co-Author: Ibarraran Pablo, IADB |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Econometrics |
| 11:15 - 12:45 |
ESTIMATION OF DYNAMIC GAMES (ECO)
Chairperson: Victor Aguirregabiria, Boston University |
Room Z2 - Darwin |
|
ESTIMATING DYNAMIC MODELS OF IMPERFECT COMPETITION
Patrick Bajari, University of Michigan |
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|
SIMPLE ESTIMATORS FOR THE PARAMETERS OF DISCRETE DYNAMIC GAMES (WITH ENTRY/EXIT EXAMPLES)
Michael Ostrovsky, Harvard University |
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|
SEQUENTIAL ESTIMATION OF DYNAMIC DISCRETE GAMES
Victor Aguirregabiria, Boston University |
| 11:15 - 12:45 |
VOLATILITY I (ECO)
Chairperson: Pedro L. Valls Pereira, Ibmec São Paulo |
Room Z4 - B20 |
|
A SIMPLE LONG MEMORY MODEL OF REALIZED VOLATILITY
Fulvio Corsi, University of Lugano |
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FRACTIONAL COINTEGRATION IN STOCHASTIC VOLATILITY MODELS
Afonso Gonçalves da Silva, London School of Economics Co-Author: Peter Robinson, London School of Economics |
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|
HOW PERSISTENT IS VOLATILITY? AN ANSWER WITH MARKOV REGIME SWITCHING
STOCHASTIC VOLATILITY MODELS
Pedro L. Valls Pereira, Ibmec São Paulo Co-Authors: Soosung Hwang, Cass Business School and STEPHEN SATCHELL, UNIVERSITY OF CAMBRIDGE |
| 11:15 - 12:45 |
NONPARAMETRIC NONSEPARABLE MODELS I (ECO)
Chairperson: Roger Klein, Rutgers University |
Room Z4 - B35 |
|
ENDOGENEITY IN NON SEPARABLE MODELS. APPLICATION TO TREATMENT MODELS WHERE THE OUTCOME ARE DURATIONS
Florens Jean-Pierre, University of Toulouse 1 |
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|
QUANTILE REGRESSION METHODS FOR RECURSIVE STRUCTURAL EQUATION MODELS
Lingjie Ma, PanAgora Asset Management Co-Author: Roger Koenker, U. Illinois |
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|
ESTIMATING A CLASS OF TRIANGULAR SIMULTANEOUS EQUATIONS MODELS WITHOUT EXCLUSION RESTRICTIONS
Roger Klein, Rutgers University Co-Author: Frank Vella, European Economic Institute |
| 11:15 - 12:45 |
HETEROSKEDASTICITY AND AUTOCORRELATION (ECO)
Chairperson: Aman Ullah, University of California,Riverside |
Room Z4 - B33 |
|
FINITE
AND LARGE SAMPLE DISTRIBUTION-FREE INFERENCE IN LINEAR MEDIAN
REGRESSIONS UNDER HETEROSKEDASTICITY AND NONLINEAR DEPENDENCE OF
UNKNOWN FORM.
Elise Coudin, CREST-INSEE, Université de Montréal Co-Author: Jean Marie Dufour, University of Montreal |
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|
A THEORY OF OPTIMAL HETEROSCEDASICITY-AUTOCORRLATION ROBUST INFERENCE
Yixiao Sun, University of California, San Diego |
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|
COMBINED ESTIMATOR OF TIME SERIES CONDITIONAL HETEROSKEDASTICITY
Aman Ullah, University of California,Riverside |
| 11:15 - 12:45 |
CROSS COUNTRY AND SPATIAL ECONOMETRICS (ECO)
Chairperson: Anil Bera, University of Illinois |
Room Z4 - B34 |
|
SPECIFICATION AND ESTIMATION OF SPATIAL AUTOREGRESSIVE MODELS WITH AUTOREGRESSIVE AND HETEROSKEDASTIC DISTURBANCES
Ingmar R. Prucha, University of Maryland Co-Author: Harry H. Kelejian, University of Maryland |
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ESTIMATION OF COUNTRY-PAIR DATA MODELS CONTROLLING FOR CLUSTERED ERRORS: WITH INTERNATIONAL TRADE APPLICATIONS
Colin Cameron, Economics, Univ. of California - Davis Co-Author: Natalia Golotvina, Economics, Univ. of Calif. - Davis |
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TESTING SPATIAL AUTOREGRESSIVE MODEL AND A FORMULATION OF SPATIAL ARCH(SARCH) MODEL WITH APPLICATIONS.
Anil Bera, University of Illinois Co-Author: Pradosh Simlai, University of Illinois at Urbana Champaign |
| 11:15 - 12:45 |
IDENTIFICATION WITH PARTIAL INFORMATION (ECO)
Chairperson: Richard Spady, Nuffield College, Oxford |
Room Z4 - B36 |
|
PARTIAL IDENTIFICATION IN MONOTONE BINARY MODELS
Thierry Magnac, IDEI & Universite Toulouse 1 Co-Author: Eric Maurin, CREST_INSEE |
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IDENTIFICATION AND ESTIMATION OF NONLINEAR MODELS WITH MISCLASSIFICATION ERROR USING INSTRUMENTAL VARIABLES: A GENERAL SOLUTION.
Yingyao Hu, University of Texas at Austin |
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IDENTIFICATION AND ESTIMATION OF LATENT ATTITUDES AND THEIR BEHAVIORAL IMPLICATIONS
Richard Spady, Nuffield College, Oxford |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Economic Theory |
| 11:15 - 12:45 |
AUCTIONS II (THY)
Chairperson: Dmitriy Kvasov, The University of Auckland |
Room Z1 - Mendell 2 |
|
INFORMATION REVELATION IN AUCTIONS
Juan Dubra, Universidad de Montevideo Co-Author: Jean-Pierre Benoît, New York University |
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REPUTATION AND COLLUSION
Giancarlo Spagnolo, Consip Research Unit and University of Stockholm Co-Author: Giacomo Calzolari, University of Bologna |
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CONTESTS WITH LIMITED RESOURCES
Dmitriy Kvasov, The University of Auckland |
| 11:15 - 12:45 |
BEHAVIORAL THEORY (THY)
Chairperson: Uzi Segal, Boston College |
Room Z1 - Jenner 2 |
|
OPTION EXERCISE WITH TEMPTATION
jianjun miao, Department of Economics, Boston University |
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|
A DECISION-THEORETIC BASIS FOR CHOICE SHIFTS IN GROUPS
Kfir Eliaz, NYU Co-Authors: Debraj Ray, New York University and Ronny Razin, London School of Economics |
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CALIBRATION RESULTS FOR NON-EXPECTED UTILITY THEORIES
Uzi Segal, Boston College |
| 11:15 - 12:45 |
REPEATED GAMES (THY)
Chairperson: David Miller, University of California, San Diego |
Room Z1 - Mendell 1 |
|
VALUATING PAYOFF STREAMS UNDER DIFFERENTIATED DISCOUNT FACTORS
Hannu Vartiainen, Yrjo Jahnsson Foundation Co-Author: Hannu Salonen, University of Turku |
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ENDOGENOUS VERIFIABILITY IN RELATIONAL CONTRACTING
Ola Kvaløy, University of Stavanger Co-Author: Trond E. Olsen, Norwegian School of Economics and Busniness Administration |
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THE DYNAMIC COST OF EX POST INCENTIVE COMPATIBILITY IN REPEATED GAMES OF PRIVATE INFORMATION
David Miller, University of California, San Diego |
| 11:15 - 12:45 |
INFORMATION (THY)
Chairperson: Marco Ottaviani, London Business School |
Room Z1- Cruciform LT2 |
|
THE DEMAND FOR INFORMATION: MORE HEAT THAN LIGHT
Giuseppe Moscarini, Yale Co-Authors: Jussi Keppo, University of Michigan and Lones Smith, University of Michigan |
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INDIVIDUAL ERROR, GROUP ERROR, AND THE VALUE OF INFORMATION
Itai Sher, Northwestern University |
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INFORMATION AND THE FAVORITE-LONGSHOT BIAS
Marco Ottaviani, London Business School Co-Author: Peter Norman Sorensen, University of Copenhagen |
| 11:15 - 12:45 |
SOCIAL NETWORKS (THY)
Chairperson: Garance Genicot, Georgetown University |
Room Z1 - Darwin |
|
LIKE FATHER, LIKE SON: LABOUR MARKET NETWORKS AND SOCIAL MOBILITY
Antoni Calvo-Armengol, UAB Co-Author: Matthew Jackson, IDEAS |
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SOCIAL NETWORKS AND LABOR MARKET TRANSITIONS
Yann Bramoullé, Laval University Co-Author: Gilles Saint-Paul, Université des Sciences Sociales de Toulouse |
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INFORMAL INSURANCE IN SOCIAL NETWORKS
Garance Genicot, Georgetown University Co-Authors: Francis Bloch, Universit¶e de la M¶editerran¶ee and Debraj Ray, New York University |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Industrial Organization |
| 11:15 - 12:45 |
INNOVATION (IOR)
Chairperson: Ronny Razin, London School of Economics |
Room Z1 - Jenner 1 |
|
INNOVATING BELOW THE RADAR: INVESTMENT DYNAMICS UNDER ASYMMETRIC INFORMATION
Jos Jansen, Social Science Research Center Berlin (WZB) |
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STRATEGIC DISCLOSURE OF INTERMEDIATE RESEARCH RESULTS
David Gill, Trinity College, University of Oxford |
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CURB YOUR INNOVATION: CORPORATE CONSERVATISM IN THE FACE OF INFORMATION LEAKAGE
Ronny Razin, London School of Economics |
| 11:15 - 12:45 |
PRICE DISCRIMINATION (IOR)
Chairperson: Julie Mortimer, Harvard University |
Room Z1 - Cruciform LT1 |
|
PRICE DISCRIMINATION VIA THE CHOICE OF DISTRIBUTION CHANNELS
Uwe Dulleck, University of Vienna Co-Author: Rudolf Kerschbamer, University of Innsbruck |
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ON PRICE EQUILIBRIUM WITH MULTI-PRODUCT FIRMS
Alexander Konovalov, Erasmus University Rotterdam Co-Author: Zsolt Sándor, Erasmus Universiteit Rotterdam |
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PRICE DISCRIMINATION AND COPYRIGHT LAW: EVIDENCE FROM THE INTRODUCTION OF DVDS
Julie Mortimer, Harvard University |
| 11:15 - 12:45 |
EMPIRICAL STUDIES OF AUCTIONS (IOR)
Chairperson: Sara Castellanos, Bank of Mexico |
Room Z2 - Chadwick |
|
VALUE OF INFORMATION IN ENDOGENOUSLY ASYMMETRIC DYNAMIC AUCTIONS: AN EMPIRICAL ANALYSIS
Sudip Gupta, University of Wisconsin Madison |
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NONPARAMETRIC ESTIMATION OF AN EBAY AUCTION MODEL WITH AN UNKNOWN NUMBER OF BIDDERS
Unjy Song, University of British Columbia |
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OPTIMAL BIDDING IN THE MEXICAN TREASURY SECURITIES PRIMARY AUCTIONS:
RESULTS FROM A STRUCTURAL ECONOMETRICS APPROACH
Sara Castellanos, Bank of Mexico Co-Author: Marco Oviedo, Yale University |
| 11:15 - 12:45 |
CONTRIBUTED SESSIONS
Experimental and Behavioral Economics |
| 11:15 - 12:45 |
EXPERIMENTS AND MARKET OUTCOMES (EBE)
Chairperson: Pedro Pereira, Portuguese Competition Authority |
Room Z4 - Harrie Massey |
|
MARKET DYNAMICS IN EDGEWORTH EXCHANGE
Steven Gjerstad, Purdue University |
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JOB MARKET SIGNALING AND SCREENING: AN EXPERIMENTAL COMPARISON
Wieland Müller, University of Tilburg Co-Author: Dorothea Kuebler, Technical University berlin |
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BIAS AND SIZE EFFECTS OF PRICE-COMPARISON SEARCH ENGINES: THEORY AND EXPERIMENTAL EVIDENCE
Pedro Pereira, Portuguese Competition Authority Co-Authors: AURORA GARCÍA-GALLEGO, , NIKOLAOS GEORGANTZÍS, and JOSÉ PERNÍAS-CERRILLO, |
| 12:45 - 14:15 | LUNCH |
| 12:45 - 14:15 |
MONETARY POLICY IN EUROPE (AEM)
Chairperson: David Miles, Morgan Stanley |
Room Bloomsbury Theatre |
|
MONETARY POLICY IN EUROPE
Jordi Gali, CREI |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Macroeconomics |
| 14:15 - 16:15 |
DIVERSIFICATION AND VOLATILITY (MAC)
Chairperson: Junko Doi, Kyoto Sangyo University |
Room Z3 - Gordon House |
|
HOMEWORK IN MEXICO: EXPLAINING OUTPUT AND CONSUMPTION VARIABILITY IN LESS DEVELOPED ECONOMIES
Miguel Cardoso, Universidad Carlos III de Madrid y BBVA |
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MEASUREMENT AND ANALYSIS OF PRODUCT DIVERSIFICATION
Namsuk Kim, World Bank |
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TECHNOLOGICAL DIVERSIFICATION
Miklos Koren, Harvard University Co-Author: Silvana Tenreyro, London School of Economics |
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A VARIETY EXPANSION MODEL OF GROWTH WITH EXTERNAL HABIT FORMATION
Junko Doi, Kyoto Sangyo University Co-Author: Kazuo Mino, Osaka University |
| 14:15 - 16:15 |
FINANCIAL STRUCTURE IN MACROECONOMICS (MAC)
Chairperson: ILHYOCK SHIM, Bank for International Settlements |
Room Z3 - Ingold LT |
|
MONEY,CREDIT AND BANKING
Aleksander Berentsen, Economics Department University of Basel Co-Authors: Gabriele Camera, Purdue University and Christopher Waller, University of Notre Dame |
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BANK FINANCE VERSUS BOND FINANCE: WHAT EXPLAINS THE DIFFERENCES BETWEEN US AND EUROPE?
Fiorella De Fiore, European Central Bank Co-Author: Harald Uhlig, Humboldt University |
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FORBEARANCE AND PROMPT CORRECTIVE ACTION
ILHYOCK SHIM, Bank for International Settlements Co-Author: Naryana Kocherlokata, Stanford |
| 14:15 - 16:15 |
POPULATION STUCTURE AND THE MACROECONOMY (MAC)
Chairperson: Henry Tam, York University and Texas A&M University |
Room Z3 - Ingold Auditorium |
|
CAPITAL-SKILL COMPLEMENTARITY AND THE IMMIGRATION SURPLUS
Michael Ben-Gad, University of Haifa |
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THE EFFECTS OF LONGEVITY AND DISTORTIONS ON EDUCATION AND RETIREMENT
Pedro Ferreira, EPGE/FGV Co-Author: Samuel Pessoa, EPGE/FGV |
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POPULATION STRUCTURE AND LONG TERM MARRIAGE TRENDS
Shannon Seitz, Queen''s University Co-Author: Jose-Victor Rios-Rull, University of Pennsylvania |
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SKILL-BIASED TECHNOLOGICAL CHANGE, FERTILITY CHOICE AND GENDER INEQUALITY
Henry Tam, York University and Texas A&M University |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Finance |
| 14:15 - 16:15 |
EMPIRICAL FINANCE II (FIN)
Chairperson: Nicolae Garleanu, University of Pennsylvania |
Room Z2 - Engineering LT2 |
|
BUBBLES AND FADS IN THE STOCK MARKET: ANOTHER LOOK AT THE EXPERIENCE OF THE US.
Piergiorgio Alessandri, University of London, Birkbeck College |
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CAPM OVER THE LONG RUN: 1926-2001
Joseph Chen, University of Southern California Co-Author: Andrew Ang, University of South California and Columbia University |
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THE COMMON LATENT FACTOR MODEL FOR CREDIT RATING TRANSITIONS
Andre Monteiro, Faculty of Economics, Free University Amsterdam Co-Authors: Siem Jan Koopman, Vrije Universiteit Amsterdam and Andre Lucas, Vrije Universiteit Amsterdam and Tinbergen Institute |
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DEMAND-BASED OPTION PRICING
Nicolae Garleanu, University of Pennsylvania Co-Author: Lasse Pedersen, New York University |
| 14:15 - 16:15 |
CREDIT RISK (FIN)
Chairperson: Haibin Zhu, Bank for International Settlements |
Room Z2 - Engineering LT1 |
|
MEASURING DEFAULT RISK PREMIA FROM DEFAULT SWAP RATES AND EDFS
Antje Berndt, Cornell University Co-Authors: Rohan Douglas, Quantifi LLC, Darrell Duffie, Stanford University, Mark Ferguson, Quantifi LLC and David Schranz, CIBC Toronto |
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IS FIRM INTERDEPENDENCE WITHIN INDUSTRIES IMPORTANT FOR PORTFOLIO CREDIT RISK?
Kasper Roszbach, Sveriges riksbank Co-Authors: Kenneth Carling, IFAU and Dalarna College and Lars Rönnegård, Uppsala University and Dalarna College |
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A NON-GAUSSIAN PANEL TIME SERIES MODEL FOR ESTIMATING AND DECOMPOSING DEFAULT RISK
Robert J.O. Daniels, De Nederlandsche Bank Co-Authors: Siem Jan Koopman, Vrije Universiteit Amsterdam and Andre Lucas, Vrije Universiteit Amsterdam and Tinbergen Institute |
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EXPLAINING CREDIT DEFAULT SWAP SPREADS WITH EQUITY VOLATILITY AND JUMP RISKS OF INDIVIDUAL FIRMS
Haibin Zhu, Bank for International Settlements Co-Authors: Yibin Zhang, and Hao Zhou, Federal Reserve Board |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Public/Political Economics |
| 14:15 - 16:15 |
VOTING (PPE)
Chairperson: Helios Herrera, ITAM |
Room Z3 - Archeology |
|
CONTEXT-DEPENDENT VOTING AND POLITICAL AMBIGUITY
Steven Callander, Northwestern University Co-Author: Catherine Wilson, Northwestern University |
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|
COSTLY VOTING: VOTER COMPOSITION AND TURNOUT
Jannet Chang, Virginia Tech/ California State University-Fullerton |
||
|
DO CITIZENS VOTE SINCERELY (IF THEY VOTE AT ALL)? THEORY AND EVIDENCE FROM U.S. NATIONAL ELECTIONS
Arianna Degan, UQAM Co-Author: Antonio Merlo, Pennsylvania |
||
|
GROUP FORMATION AND VOTER PARTICIPATION
Helios Herrera, ITAM Co-Author: Cesar Martinelli, Instituto Tecnologico Autonomo de Mexico |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Development Economics |
| 14:15 - 16:15 |
INSTITUTIONS AND DEVELOPMENT (DEV)
Chairperson: Jonathan Temple, University of Bristol |
Room Z3 - Archeology |
|
ON THE CAUSES OF SLAVERY OR SERFDOM AND THE ROADS TO AGRARIAN CAPITALISM: DOMAR'S HYPOTHESIS REVISITED
Conning Jonathan, Hunter College & Graduate Center, City University of NY |
||
|
THE DYNAMICS OF INSTITUTIONAL CHANGE: FORMAL ANDINFORMAL INSTITUTIONS AND ECONOMIC PERFORMANCE
Andreas Leukert, University of Munich |
||
|
INSTITUTIONS: WHY ARE THEY PERSISTENT AND WHY DO THEY CHANGE?
Bryan Paterson, Queen''s University |
||
|
THE GEOGRAPHY OF OUTPUT VOLATILITY
Jonathan Temple, University of Bristol Co-Author: Adeel Malik, University of Oxford |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Applied and Empirical Microeconomics |
| 14:15 - 16:15 |
TRAINING AND WORK (AEM)
Chairperson: Alfonso Flores-Lagunes, University of Arizona |
Room Z1 - Cruciform LT2 |
|
ON-THE-JOB TRAINING: ESTIMATING RETURNS USING FIRM
LEVEL DATA
Rita Almeida, World Bank Co-Author: Pedro Carneiro, University College London |
||
|
STEPPING-STONES FOR THE UNEMPLOYED: THE EFFECT OF TEMPORARY JOBS ON THE DURATION UNTIL REGULAR WORK
Marloes De Graaf-Zijl, University of Amsterdam Co-Authors: Arjan Heyma, University of Amsterdam and Gerard Van den Berg, Free University |
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|
"LEARNING BUT NOT EARNING? THE VALUE OF JOB CORPS TRAINING FOR HISPANICS"
Alfonso Flores-Lagunes, University of Arizona Co-Authors: Arturo Gonzalez, Public Policy Institute of California and Todd Neumann, University of Arizona |
||
|
RETURNS TO APPRENTICESHIP TRAINING IN AUSTRIA:
EVIDENCE FROM FAILED FIRMS
Jorn-Steffen Pischke, London School of Economics Co-Authors: Josef Ferster, Landesstatistischer Dienst Salzburg and Rudolf Winter-Ebmer, University of Linz |
| 14:15 - 16:15 |
CONSUMER BEHAVIOUR (AEM)
Chairperson: Krishna Pendakur, Department of Economics, Simon Fraser University |
Room Z2 - Chadwick |
|
INVERTIBILITY OF NONPARAMETRIC STOCHASTIC DEMAND FUNCTIONS
Walter Beckert, Birkbeck College, University of London Co-Author: Richard Blundell, University College London |
||
|
VERTICAL TRANSMISSION OF CONSUMPTION BEHAVIOR AND THE DISTRIBUTION OF SURNAMES
M. Dolores Collado, Universidad de Alicante Co-Authors: Ignacio Ortuño-Ortin, Universidad de Alicante and Andres Romeu, Universidad de Alicante |
||
|
SEMIPARAMETRIC ESTIMATION OF CONSUMER DEMAND SYSTEMS WITH ALMOST PARTIALLY LINEAR PRICE EFFECTS
Krishna Pendakur, Department of Economics, Simon Fraser University |
||
|
BUILDING GORMAN'S NEST
Jeffrey T. LaFrance, University of California, Berkeley Co-Authors: Timothy Beatty, University of British Columbia and Rulon Pope, Brigham Young University |
| 14:15 - 16:15 |
FIRMS AND FINANCING (AEM)
Chairperson: Sumru Altug, Koc University |
Room Z2 - Hill |
|
THE DETERMINANTS OF R&D FINANCING CONSTRAINTS: EVIDENCE FROM BELGIAN COMPANIES
Michele Cincera, ULB - DULBEA-CERT and CEPR |
||
|
THE EFFECTS OF DIVIDEND TAXES ON EQUITY PRICES: A RE-EXAMINATION OF THE 1997 UK TAX REFORM
Alexander Klemm, Institute for Fiscal Studies Co-Authors: Stephen Bond, Nuffield College, Oxford and Michael P. Devereux, University of Warwick |
||
|
FINANCING OF COMPETING PROJECTS WITH VENTURE CAPITAL
Ekaterina Goldfayn, Bonn Graduate School of Economics Co-Author: Eugen Kovac, CERGE, Charles University (Prague) |
||
|
SPILLOVER EFFECTS, BANK LENDING, AND GROWTH
Sumru Altug, Koc University Co-Author: Murat Usman, Koc University |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Labor Economics |
| 14:15 - 16:15 |
CITIES AND SORTING (LAB)
Chairperson: Kurt Schmidheiny, Tufts University |
Room Z2 - Young |
|
MATCHING AND LEARNING IN CITIES: URBAN DENSITY AND THE RATE OF INNOVATION
Robert Hunt, Federal Reserve Bank of Philadelphia Co-Authors: Gerald Carlino, Federal Reserve Bank of Philadelphia and Satyajit Chatterjee, Federal Reserve Bank of Philadelphia |
||
|
ABILITY SORTING AND CONSUMER CITY
Sanghoon Lee, University of Minnesota |
||
|
HOUSING MARKET DISCRIMINATION, HOUSING REGULATIONS AND INTERMEDIARIES
Etienne Wasmer, UQAM |
||
|
RESIDENTIAL INCOME SORTING IN FEDERAL SYSTEMS. THE ROLE OF TAXES, HOUSING COSTS AND SOCIAL INTERACTIONS.
Kurt Schmidheiny, Tufts University |
| 14:15 - 16:15 |
WELFARE REFORM AND THE LABOR MARKET (LAB)
Chairperson: Jeffrey Grogger, University of Chicago |
Room Z2 - Embriology |
|
THE SOCIOECONOMIC CONSEQUENCES OF 'IN-WORK' BENEFIT REFORM FOR BRITISH LONE MOTHERS
Wilbert Van der Klaauw, UNC-Chapel Hill Co-Author: Marco Francesconi, University of Essex |
||
|
RELATIVE PRICES AND SUBSTITUTION ACROSS WAGE, WELFARE, AND DISABILITY INCOME
James Ziliak, University of Kentucky |
||
|
THE IMPACT OF THE ITALIAN “MOBILITY LISTS” ON EMPLOYMENT CHANCES: NEW EVIDENCE FROM LINKED ADMINISTRATIVE ARCHIVES
Enrico Rettore, Università di Padova Co-Authors: Adriano Paggiaro, Università di Padova and Ugo Trivellato, Università di Padova |
||
|
WELFARE REFOR, RETURNS TO EXPERIENCE, AND WAGES
Jeffrey Grogger, University of Chicago |
| 14:15 - 16:15 |
SCHOOL QUALITY AND TEACHERS (LAB)
Chairperson: Eric Hanushek, Hoover Institution, Stanford University |
Room Z2 - Darwin |
|
HOW BIG IS TOO BIG? THE EFFECT OF COLLEGIATE CLASS SIZE ON STUDENT OUTCOMES.
Eric Bettinger, Case Western Reserve U Co-Author: Bridget Terry Long, Harvard Graduate School of Education |
||
|
DO TEACHERS’ WAGES MATTER FOR PROFICIENCY? EVIDENCE FROM A FUNDING REFORM IN BRAZIL
Naercio Menezes-Filho, University of Sao Paulo Co-Author: Elaine Pazello, University of Sao Paulo |
||
|
PEER EFFECTS AND TEXTBOOKS IN PRIMARY EDUCATION: EVIDENCE FROM FRANCOPHONE SUB-SAHARAN AFRICA
Markus Froelich, University College London Co-Author: Katharina Michaelowa, Hamburg Institute of International Economics |
||
|
THE MARKET FOR TEACHER QUALITY
Eric Hanushek, Hoover Institution, Stanford University Co-Authors: John Kain, University of Texas at Dallas, Daniel OBrien, University of Texas at Dallas and Steven Rivkin, Amherst College |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
International Economics |
| 14:15 - 16:15 |
EUROPEAN INTEGRATION (INT)
Chairperson: Daniel Sturm, University of Munich |
Room Z3 - Jevons |
|
INFLATION DIFFERENTIALS AND LABOR AND PRODUCT MARKET DIFFERENCES IN THE EMU
Ester Faia, Universitat Pompeu Fabra Co-Author: Alessia Campolmi, Universitat Pompeu Fabra |
||
|
ONE MARKET, ONE MONEY, ONE PRICE? PRICE DISPERSION IN THE EUROPEAN UNION
Paul Kattuman, University of Cambridge Co-Authors: Nigel Allington, University of Cambridge and Florian Waldmann, Citigroup Global Markets, London |
||
|
THE EU'S ATTITUDE TOWARDS EASTERN ENLARGEMENT IN SPACE
Mario Larch, ifo Institute of Economic Research Co-Authors: Peter Egger, ifo-Institute; CESifo; University of Munich, Michael Pfaffermayr, University of Innsbruck, Department of Economics and Janette Walde, |
||
|
THE COSTS OF REMOTENESS: EVIDENCE FROM GERMAN DIVISION AND REUNIFICATION
Daniel Sturm, University of Munich Co-Author: Stephen Redding, London School of Economics and CEPR |
| 14:15 - 16:15 |
FOREIGN DIRECT INVESTMENT (INT)
Chairperson: Chia-Hui Lu, Academia Sinica |
Room Z3 - Ricardo |
|
FUNCTIONAL SPECIALIZATION AND THE LOCATION OF MULTINATIONAL
FIRMS IN THE ENLARGED EUROPE
Fabrice Defever, University of Paris I Panthéon Sorbonne (TEAM) |
||
|
LOCATION CHOICE AND EMPLOYMENT DECISIONS: A COMPARISON OF GERMAN AND SWEDISH MULTINATIONALS
Sascha O. Becker, Center for Economic Studies Co-Authors: Karolina Ekholm, Stockholm School of Economics, Robert Jäckle, Ifo Institute and Marc-Andreas Muendler, UC San Diego |
||
|
FOREIGN DIRECT INVESTMENT AND PRODUCTIVITY SPILLOVERS:
IDENTIFYING LINKAGES THROUGH PRODUCT-BASED MEASURES
Kamil Yilmaz, Koc University Co-Author: Sule Ozler, UCLA |
||
|
FOREIGN DIRECT INVESTMENT AND THE DEGREE OF SOUTHERN
PENETRATION
Chia-Hui Lu, Academia Sinica |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Econometrics |
| 14:15 - 16:15 |
TRENDS (ECO)
Chairperson: Liudas Giraitis, University of York |
Room Z4 - B20 |
|
TREND ESTIMATION, SIGNAL-NOISE RATIOS AND THE FREQUENCY OF OBSERVATIONS
Andrew Harvey, Cambridge University |
||
|
A STEADY-STATE APPROACH TO TREND/CYCLE DECOMPOSITION
James Morley, Washington University in St. Louis Co-Author: Jeremy Piger, Federal Reserve Bank of St. Louis |
||
|
EFFICIENT ESTIMATION OF THE PARAMETER PATH IN UNSTABLE TIME SERIES MODELS
Philippe-Emmanuel Petalas, Princeton University Co-Author: Ulrich Mueller, Princeton University |
||
|
ESTIMATION AND INFERENCE IN AN INTEGRATED MODEL WITH A TREND
Liudas Giraitis, University of York Co-Authors: Karim Abadir, University of York and Walter Distaso, University of Exeter |
| 14:15 - 16:15 |
FINANCIAL ECONOMETRICS I (ECO)
Chairperson: Jiro Hodoshima, Faculty of Economics, Nagoya City University |
Room Z4 - B33 |
|
DETECTING EXTREME RISK SPILLOVER BETWEEN FINANCIAL MARKETS
Yongmiao Hong, Cornell universiry Co-Authors: Yanhui Liu, Chinese Academy of Science and Souyang Wang, Chinese Academy of Science |
||
|
SEMIPARAMETRIC MODELLING OF CORRELATION DYNAMICS
Christian Hafner, Econometic Institute, Erasmus University Rotterdam Co-Authors: Philip-Hans Franses, Erasmus University and Dick van Dijk, Econometric Institute, Erasmus University Rotterdam |
||
|
TESTING THE MARTINGALE RESTRICTION FOR OPTION IMPLIED DENSITIES
Thomas Busch, University of Aarhus |
||
|
THE EFFECT OF NONNORMALITY ON THE INFERENCE OF EXPECTED ASSET RETURNS IN ASSET PRICING MODELS
Jiro Hodoshima, Faculty of Economics, Nagoya City University |
| 14:15 - 16:15 |
PANEL DATA I (ECO)
Chairperson: Hugo Kruiniger, Dept of Economics, Queen Mary Univ of London |
Room Z4 - B34 |
|
ESTIMATION AND INFERENCE IN LARGE HETEROGENEOUS PANELS WITH A MULTIFACTOR ERROR STRUCTURE
M. Hashem Pesaran, Cambridge University and USC |
||
|
A UNIFIED ASYMPTOTIC FRAMEWORK FOR PANEL FACTOR MODELS
Lorenzo Trapani, Bergamo University and Cass Business School Co-Authors: Chihwa Kao, Syracuse University and Giovanni Urga, Cass Business School |
||
|
TESTING SLOPE HOMOGENEITY IN LARGE PANELS
Takashi Yamagata, Univeristy of Cambridge Co-Author: M. Hashem Pesaran, Cambridge University and USC |
||
|
QUASI ML ESTIMATION OF THE CONDITIONAL PANEL AR(1) MODEL
Hugo Kruiniger, Dept of Economics, Queen Mary Univ of London |
| 14:15 - 16:15 |
INSTRUMENTAL VARIABLE ESTIMATION (ECO)
Chairperson: Alastair Hall, North Carolina State University |
Room Z4 - B35 |
|
A NEW LIGHT FROM OLD WISDOMS:
ALTERNATIVE ESTIMATION METHODS OF SIMULTANEOUS EQUATIONS AND MICROECONOMETRIC MODELS
Naoto Kunitomo, University of Tokyo Co-Authors: Theodore W. Anderson, Stanford University and Yukitoshi Matsushita, University of Tokyo |
||
|
SIMULTANEOUS EQUATIONS AND THE VALIDITY OF INSTRUMENTAL VARIABLES UNDER CONDITIONALLY HETEROSCEDASTIC DISTURBANCES
Garry Phillips, Cardiff University Co-Author: Emma Iglesias, Michigan State University |
||
|
THE ASYMPTOTIC AND FINITE SAMPLE DISTRIBUTION OF OLS AND IV IN SIMULTANEOUS EQUATIONS
Jan F. Kiviet, University of Amsterdam Co-Author: Jerzy Niemczyk, University of Amsterdam |
||
|
INFERENCE REGARDING MULTIPLE STRUCTURAL CHANGES IN LINEAR MODELS ESTIMATED VIA TWO STAGE LEAST SQUARES
Alastair Hall, North Carolina State University Co-Author: Sanggohn Han, North Carolina State University |
| 14:15 - 16:15 |
QUANTILES (ECO)
Chairperson: Hsin-Yi Lin, MIT |
Room Z4 - B36 |
|
QUANTILE REGRESSION FOR LONGITUDINAL DATA
Roger Koenker, U. Illinois |
||
|
NONSTANDARD ASYMPTOTICS FOR QUANTILE REGRESSION
Chuan Goh, University of Toronto |
||
|
COMPARING NONPARAMETRIC REGRESSION QUANTILES
Cristian Huse, London School of Economics |
||
|
AN ENCOMPASSING TEST FOR NON-NESTED QUANTILE REGRESSION MODELS
Hsin-Yi Lin, MIT Co-Author: Chung-Ming Kuan, Academia Sinica |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Economic Theory |
| 14:15 - 16:15 |
COLLECTIVE DECISION MAKING II (THY)
Chairperson: Maria Montero, University of Nottingham |
Room Z1 - Mendell 1 |
|
DYNAMICS OF STABLE SETS OF CONSTITUTIONS
nicolas HOUY, EUREQua |
||
|
SPEED AND QUALITY OF COLLECTIVE DECISION MAKING II: INCENTIVES FOR INFORMATION PROVISION
Hans Peter Grüner, Universität Mannheim Co-Author: Elisabeth Schulte, Mannheim University |
||
|
A LIBERAL PARADOX FOR JUDGMENT AGGREGATION
Christian List, Department of Government, London School of Economics Co-Author: Franz Dietrich, University of Konstanz |
||
|
PROPORTIONAL PAYOFFS IN THE BARON-FEREJOHN MODEL WITH REVERSIBLE COALITIONS
Maria Montero, University of Nottingham |
| 14:15 - 16:15 |
EVOLUTION AND LEARNING I (THY)
Chairperson: In-Koo Cho, University of Illinois |
Room Z1 - Darwin |
|
STOCHASTIC EVOLUTION WITH LARGE POPULATIONS AND (ITERATED) DOMINANCE
Christoph Kuzmics, MEDS, Kellogg School of Management, Northwestern University |
||
|
PAIRWISE COMPARISON DYNAMICS
William H. Sandholm, University of Wisconsin |
||
|
LEARNING ASPIRATION IN REPEATED GAMES
In-Koo Cho, University of Illinois Co-Author: Akihiko Matsui, University of Tokyo |
| 14:15 - 16:15 |
DYNAMIC GAMES II (THY)
Chairperson: Francesco Squintani, University College London |
Room Z1 - Mendell 2 |
|
SHARED ACTIONS WITH DIVERGENT PERCEPTIONS: A GENERAL GAME THEORETIC APPROACH
Xiao Luo, Academia Sinica Co-Authors: Joseph Greenberg, Department of Economics, McGill University and Sudheer Gupta, Ross School of Business, University of Michigan |
||
|
TRADING FAVORS: OPTIMAL EXCHANGE AND FORGIVENESS
Hugo Hopenhayn, University of California at Los Angeles Co-Author: Hauser Christine, |
||
|
THE DOUBLE CURSE OF A PRODUCTIVE ASSET OLIGOPOLY
Hassan Benchekroun, McGill University |
||
|
PREEMPTION GAMES WITH PRIVATE INFORMATION
Francesco Squintani, University College London Co-Author: Hugo Hopenhayn, University of California at Los Angeles |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Industrial Organization |
| 14:15 - 16:15 |
PSYCHOLOGY AND IO (IOR)
Chairperson: Xavier Gabaix, MIT |
Room Z1 - Cruciform LT1 |
|
THE IMPACT OF CONSUMER LOSS AVERSION ON PRICING
Paul Heidhues, WZB Co-Author: Botond Koszegi, University of California at Berkeley |
||
|
THE SUNK COST FALLACY AND MANAGERIAL PRICING PRACTICES
Sandeep Baliga, Northwestern University |
||
|
ROBUST MONOPOLY PRICING: THE CASE OF REGRET
Karl Schlag, European University Institute Co-Author: Dirk Bergemann, Yale University |
||
|
SHROUDED ATTRIBUTES AND INFORMATION SUPPRESSION IN COMPETITIVE MARKETS
Xavier Gabaix, MIT Co-Author: David Laibson, Harvard University |
| 14:15 - 16:15 |
REGULATION (IOR)
Chairperson: Juan F. Escobar, Stanford University |
Room Z1 - Jenner 2 |
|
CONTROLLING REGIONAL MONOPOLIES IN THE NATURAL GAS INDUSTRY - THE COMPLETE INFORMATION CASE
Farid Gasmi, Université de Toulouse 1, IDEI Co-Authors: Jean-Jacques Laffont, University of Toulouse and Juan Daniel Oviedo Arango, Université de Toulouse I (GREMAQ) |
||
|
MARKET POWER IN PRICE-REGULATED POWER INDUSTRIES
M. Soledad Arellano, Universidad de Chile Co-Author: Pablo Serra, Universidad de Chile |
||
|
MARKET POWER IN THE SPANISH ELECTRICITY AUCTION
Aitor Ciarreta, University of the Basque Country Co-Author: Maria Paz Espinosa, University of the Basque Country |
||
|
ELECTRICITY WHOLESALE MARKETS: AN
OLIGOPOLY-NETWORK FRAMEWORK
Juan F. Escobar, Stanford University |
| 14:15 - 16:15 |
CONTRIBUTED SESSIONS
Experimental and Behavioral Economics |
| 14:15 - 16:15 |
BEHAVIORAL INTERTEMPORAL CHOICE (EBE)
Chairperson: Rebecca Stone, University College London |
Room Z3 - Henry Massey |
|
RICHES TO RAGS EVERY MONTH? THE FALL IN CONSUMPTION EXPENDITURES BETWEEN PAYDAYS.
David Huffman, IZA Bonn |
||
|
REFERENCE POINTS AND LOSS AVERSION IN INTERTEMPORAL CHOICE
Qin Tu, Department of Social Sciences, Wageningen University |
||
|
REFLECTIONS ON GAINS AND LOSSES: A 2X2X7 EXPERIMENT
Joaquim Silvestre, University of California, Davis Co-Author: Bosch-Domènech Antoni, Universitat Pompeu Fabra |
||
|
REGRET EQUILIBRIUM AND RISK PREFERENCES
Rebecca Stone, University College London Co-Author: Daniel Kraehmer, Free University Berlin |
| 16:15 - 17:00 | BREAK |
| 17:00 - 18:30 | FRISCH MEMORIAL LECTURE |
| 17:00 - 18:30 |
FRISCH MEMORIAL LECTURE (EBE)
Chairperson: James Heckman, The University of Chicago |
Room |
|
THE NEW SCIENCE OF PLEASURE: CONSUMER BEHAVIOR AND THE MEASUREMENT OF WELL-BEING
Dan McFadden, University of California, Berkeley |
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