ESWC 2005: Congress Programme

The Congress Programme is subject to last minute changes.

This version of the Programme was viewed at 7/8/2005 9:16:20 AM

MONDAY 22 AUGUST 2005


09:00 - 10:45 PAIRED INVITED LECTURES
Public/Political Economics



09:00 - 10:45 POLITICAL ECONOMY (PPE)
Chairperson: Torsten Persson, IIES
Discussant: Timothy Besley, London School of Economics
Room Cruciform LT1

  MODELING INEFFICIENT INSTITUTIONS
Daron Acemoglu, MIT

 
  WHITHER POLITICAL ECONOMY? THEORIES, FACTS AND ISSUES
Antonio Merlo, Pennsylvania
 

09:00 - 10:45 PAIRED INVITED LECTURES
Econometrics



09:00 - 10:45 MODELLING HETEROGENEITY (ECO)
Chairperson: Daniel McFadden, University of California, Berkeley
Discussant: Arthur Lewbel, Boston College
Room Z3 - Ingold Auditorium

  HETEROGENEITY IN APPLIED MICROECONOMETRICS
Martin Browning, Copenhagen
Co-Author: Jesus Carro, Carlos III

 
  HETEROGENEOUS CHOICE
Rosa Matzkin, Northwestern
 

09:00 - 10:45 PAIRED INVITED LECTURES
Economic Theory



09:00 - 10:45 ECONOMIC DESIGN (THY)
Chairperson: Andrew Postlewaite, University of Pennsylvania
Discussant: Roger Myerson, University of Chicago
Room Bloomsbury Theater

  INFORMATION IN MECHANISM DESIGN
Dirk Bergemann, Yale University and Juuso Valimaki, Southampton

 
  COMMUNICATION IN ECONOMIC MECHANISMS
Ilya Segal, Stanford University
 

10:45 - 11:15 BREAK



11:15 - 12:45 CONTRIBUTED SESSIONS
Macroeconomics



11:15 - 12:45 TAXATION AND MACROECONOMICS I (MAC)
Chairperson: Winfried Koeniger, IZA
Room Z3 - Ingold Auditorium

  STABILIZATION VERSUS INSURANCE: WELFARE EFFECTS OF PROCYCLICAL TAXATION UNDER INCOMPLETE MARKETS
James Costain, Dept. of Economics, Univ. Carlos III de Madrid
Co-Author: Michael Reiter, Dept. of Economics, Univ. Pompeu Fabra

 
  TAXATION, ENTREPRENEURSHIP, AND WEALTH
Mariacristina De Nardi, University of Minnesota
Co-Author: Marco Cagetti, University of Virginia

 
  REDISTRIBUTIVE TAXATION AND BANKRUPTCY IN US STATES
Winfried Koeniger, IZA
Co-Author: Charles Grant, University of Reading
 

11:15 - 12:45 MONETARY POLICY II (MAC)
Chairperson: Stefano Eusepi, Federal Reserve Bank of New York
Room Z3 - Ricardo

  INFLATION-TARGET EXPECTATIONS AND OPTIMAL MONETARY POLICY
Sujit Kapadia, Balliol College, University of Oxford

 
  THE OPTIMAL INFLATION BUFFER WITH A ZERO BOUND ON NOMINAL INTEREST RATES
Roberto Mario Billi, Center for Financial Studies

 
  CENTRAL BANK TRANSPARENCY UNDER MODEL UNCERTAINTY
Stefano Eusepi, Federal Reserve Bank of New York
 

11:15 - 12:45 LIQUIDITY (MAC)
Chairperson: Gianni De Nicolo'', Research Department - International Monetary Fund
Room Z3 - Ingold LT

  EFFICIENT MONETARY ALLOCATIONS AND THE ILLIQUIDITY OF BONDS
Gabriele Camera, Purdue University
Co-Author: Paola Boel, Purdue University

 
  LIQUIDITY AND THE ALLOCATION OF CREDIT: BUSINESS CYCLE, GOVERNMENT DEBT AND FINANCIAL ARRANGEMENTS
Filippo Taddei, Columbia University

 
  LIQUIDITY INJECTIONS, BANK MARKET STRUCTURE AND CRISES
Gianni De Nicolo'', Research Department - International Monetary Fund
Co-Author: John Boyd, University of Minneota
 

11:15 - 12:45 MONETARY POLICY AND ASSET PRICES (MAC)
Chairperson: Oreste Tristani, European Central Bank
Room Z3 - Jevons

  SHOULD CENTRAL BANKS BURST BUBBLES?
John Conlon, University of Mississippi

 
  ASSET PRICES, FINANCIAL IMBALANCES AND CENTRAL BANK POLICY
Prasanna Gai, Bank of England
Co-Authors: Benjamin Lester, University of Pennsylvania and Stephen Millard, Bank of England

 
  THE YIELD CURVE AND MACROECONOMIC DYNAMICS
Oreste Tristani, European Central Bank
Co-Authors: Peter Hoerdahl, European Central Bank and David Vestin,
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Finance



11:15 - 12:45 TRANSACTION COSTS (FIN)
Chairperson: Federico Bandi, GSB - The University of Chicago
Room Z2 - Engineering LT1

  ENDOGENOUS PARTICIPATION RISK IN FINANCIAL MARKETS
Edouard Challe, University of Cambridge

 
  IGNORANCE, FIXED COSTS, AND THE STOCK-MARKET PARTICIPATION PUZZLE
Felipe Zurita, P. Universidad Católica de Chile

 
  FULL-INFORMATION TRANSACTION COSTS
Federico Bandi, GSB - The University of Chicago
Co-Author: Jeffrey Russell, GSB - The University of Chicago
 

11:15 - 12:45 CONSUMPTION AND ASSET PRICING (FIN)
Chairperson: Herve Roche, Instituto Technologico Autonomo de Mexico
Room Z2 - Darwin

  HIGH-ORDER CONSUMPTION MOMENTS AND ASSET PRICING
Andrei Semenov, York University

 
  GENERAL ANALYTICAL SOLUTIONS FOR MERTON'S TYPE CONSUMPTION-INVESTMENT PROBLEMS
Fabio Trojani, University of St. Gallen
Co-Author: Roberto Ferretti, University of Lugano

 
  OPTIMAL CONSUMPTION AND INVESTMENT UNDER A DRAWDOWN CONSTRAINT
Herve Roche, Instituto Technologico Autonomo de Mexico
 

11:15 - 12:45 FINANCIAL MARKET CONTAGION (FIN)
Chairperson: Jesus Gonzalo, Universidad Carlos III de Madrid
Room Z2 - Engineering LT2

  LIQUIDITY COINSURANCE, MORAL HAZARD AND FINANCIAL CONTAGION
Fabio Castiglionesi, Universidad Autonoma de Barcelona
Co-Author: Sandro Brusco, SUNY at Stony Brook

 
  THE CONTAGION BOX: MEASURING FINANCIAL MARKETS CO-MOVEMENTS BY REGRESSION QUANTILES
Simone Manganelli, DG-Research, European Central Bank
Co-Authors: Lorenzo Cappiello, European Central Bank and Bruno Gerard, Norwegian School of Management

 
  CONTAGION IN FINANCIAL MARKETS: THE CURSE OF DIVERSIFICATION
Jesus Gonzalo, Universidad Carlos III de Madrid
Co-Author: Jose Olmo, City University
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Public/Political Economics



11:15 - 12:45 ELECTORAL RULES AND ELECTORAL COMPTETITION (PPE)
Chairperson: Toke Aidt, University of Cambridge
Room Z3 - Archeology

  REPRESENTATION AND INSTITUTIONAL CHANGE
Barbara Veronese, NERA and London School of Economics

 
  TAXATION, TAX COLLECTION TECHNOLOGIES AND THE EXTENSION OF THE VOTING FRANCHISE IN WESTERN EUROPE, 1860-1938.
Toke Aidt, University of Cambridge
Co-Author: peter jensen, University of Aarhus

 
  ELECTORAL BIAS AND POLICY CHOICE: THEORY AND EVIDENCE
Ian Preston, UCL
Co-Author: Timothy Besley, London School of Economics
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Development Economics



11:15 - 12:45 CIVIL WARS AND DICTATORSHIPS (DEV)
Chairperson: Konstantin Sonin, New Economic School/CEFIR
Room Z2 - Hill

  IS POVERTY TO BLAME FOR CIVIL WAR? NEW EVIDENCE FROM NONLINEAR FIXED EFFECTS ESTIMATION
Marcus Alexander, Harvard University
Co-Author: Matthew Harding, MIT

 
  ETHNIC POLARIZATION, POTENTIAL CONFLICT AND CIVIL WARS
Jose Garcia-Montalvo, UNIVERSITAT POMPEU FABRA
Co-Author: Marta Reynal-Querol, World Bank

 
  DICTATORS AND THEIR VIZIERS: AGENCY PROBLEMS IN DICTATORSHIPS
Konstantin Sonin, New Economic School/CEFIR
Co-Author: Georgy Egorov, New Economic School/CEFIR
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Applied and Empirical Microeconomics



11:15 - 12:45 COLLECTIVE MODELS AND LABOUR SUPPLY (AEM/LAB)
Chairperson: Zhiyang Jia, Research Department, Statistics Norway
Room Z2 - Embriology, Z2 - Embriology

  WOMEN'S LABOR FORCE BEHAVIOR IN THE FACE OF MEN'S UNEMPLOYMENT: THE CASE OF ARGENTINA
Carolina Diaz-Bonilla, The Johns Hopkins University

 
  RETIREMENT BEHAVIOR OF WORKING COUPLES IN NORWAY: A DYNAMIC PROGRAMMING APPROACH
Zhiyang Jia, Research Department, Statistics Norway

 
  AN EMPIRICAL MODEL OF COLLECTIVE HOUSEHOLD LABOUR SUPPLY WITH NONPARTICIPATION
Hans Bloemen, Free University Amsterdam
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Labor Economics



11:15 - 12:45 COLLECTIVE MODELS AND LABOUR SUPPLY (AEM/LAB)
Chairperson: Zhiyang Jia, Research Department, Statistics Norway
Room Z2 - Embriology, Z2 - Embriology

  WOMEN'S LABOR FORCE BEHAVIOR IN THE FACE OF MEN'S UNEMPLOYMENT: THE CASE OF ARGENTINA
Carolina Diaz-Bonilla, The Johns Hopkins University

 
  RETIREMENT BEHAVIOR OF WORKING COUPLES IN NORWAY: A DYNAMIC PROGRAMMING APPROACH
Zhiyang Jia, Research Department, Statistics Norway

 
  AN EMPIRICAL MODEL OF COLLECTIVE HOUSEHOLD LABOUR SUPPLY WITH NONPARTICIPATION
Hans Bloemen, Free University Amsterdam
 

11:15 - 12:45 LABOR DEMAND (LAB)
Chairperson: Holger Bonin, IZA
Room Z2 - Biochemestry

  SKILL WAGE PREMIA, EMPLOYMENT, AND COHORT EFFECTS IN A MODEL OF GERMAN LABOR DEMAND
Karsten Kohn, Goethe-University Frankfurt
Co-Author: Bernd Fitzenberger, Goethe-University Frankfurt

 
  THE EFFECT OF TRADE ON THE DEMAND FOR SKILL — EVIDENCE FROM THE INTERSTATE HIGHWAY SYSTEM
Guy Michaels, MIT

 
  IS THE LABOR DEMAND CURVE REALLY DOWNWARD SLOPING?
Holger Bonin, IZA
 

11:15 - 12:45 CHILD ACHIEVEMENT (LAB)
Chairperson: Gordon Dahl, University of Rochester
Room Z2 - Young

  MATERNAL TIME, CHILD CARE AND CHILD COGNITIVE DEVELOPMENT: THE CASE OF SINGLE MOTHERS
Raquel Bernal, Northwestern University
Co-Author: Michael Keane, Yale University

 
  THE MORE THE MERRIER? THE EFFECT OF FAMILY COMPOSITION ON CHILDREN’S EDUCATION
Kjell G Salvanes, Norwegian School of Economics and Business Administration
Co-Authors: Sandra Black, and Paul J. Devereux , Department of Economics, UCLA

 
  THE IMPACT OF FAMILY INCOME ON CHILD ACHIEVEMENT
Gordon Dahl, University of Rochester
Co-Author: Lance Lochner, University of Western Ontario
 

11:15 - 12:45 CONTRIBUTED SESSIONS
International Economics



11:15 - 12:45 TRADE PATTERNS (INT)
Chairperson: Joachim Wagner, University of Lueneburg
Room Z2 - Gordon House

  A SEARCH COST PERSPECTIVE ON DURATION OF TRADE
Tibor Besedes, Louisiana State University

 
  GRAVITY MODELS IN INTEGRATED PANELS
Jarko Fidrmuc, Oesterreichische Nationalbank

 
  EXPORT INTENSITY AND PLANT CHARACTERISITCS: WHAT CAN WE LEARN FROM QUANTILE REGRESSION?
Joachim Wagner, University of Lueneburg
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Econometrics



11:15 - 12:45 VOLATILTIY II (ECO)
Chairperson: Nour Meddahi, Universite de Montreal
Room Z4 - B33

  MODEL-BASED MEASUREMENT OF ACTUAL VOLATILITY IN HIGH-FREQUENCY DATA
Siem Jan Koopman, Vrije Universiteit Amsterdam
Co-Author: Borus Jungbacker, Vrije Universiteit Amsterdam

 
  ALTERNATIVE SPECICATIONS OF STOCHASTIC VOLATILITY MODELS - THEORETICAL AND EMPIRICAL COMPARISON
George Jiang, University of Arizona
Co-Authors: John Knight, and Grant Wang,

 
  MOMENT OF CONTINUOUS TIME STOCHASTIC VOLATILITY MODELS
Nour Meddahi, Universite de Montreal
 

11:15 - 12:45 UNIT ROOTS II (ECO)
Chairperson: Michael Jansson, UC, Berkeley
Room Z4 - B34

  A SMALL SAMPLE CORRECTION OF THE DICKEY-FULLER TEST
Soren Johansen, Department of Applied Mathematics and Statistics, University of Copenhagen

 
  NEAR-OPTIMAL UNIT ROOT TESTS WITH STATIONARY COVARIATES WITH BETTER FINITE SAMPLE SIZE.
Elena Pesavento, Emory University

 
  SEMIPARAMETRIC POWER ENVELOPES FOR TESTS OF THE UNIT ROOT HYPOTHESIS
Michael Jansson, UC, Berkeley
 

11:15 - 12:45 NONPARAMETRIC NONSEPARABLE MODELS II (ECO)
Chairperson: Lars Nesheim, University College London
Room Z4 - B35

  THRESHOLD CROSSING MODELS AND BOUNDS ON TREATMENT EFFECTS: A NONPARAMETRIC ANALYSIS
Ed Vytlacil, Stanford
Co-Author: Azeem Shaikh, Stanford University

 
  PARTIAL IDENITIFICATION AND NONPARAMETRIC ESTIMATION OF NONSEPARABLE, NONMONOTONOUS FUNCTIONS
Stefan Hoderlein, Mannheim University
Co-Author: Enno Mammen, Mannheim University

 
  NONPARAMETRIC ESTIMATION OF NONADDITIVE HEDONIC MODELS
Lars Nesheim, University College London
Co-Authors: James Heckman, The University of Chicago and Rosa Matzkin, Northwestern
 

11:15 - 12:45 LIMITED DEPENDENT VARIABLES (ECO)
Chairperson: James Powell, UC Berkeley
Room Z4 - B20

  MINIMUM DISTANCE ESTIMATION OF RANDOMLY CENSORED REGRESSION MODELS
Elie Tamer, Northwestern University
Co-Author: Shakeeb Kahn, Rochester

 
  LOW DISCREPANCY AND QUASI-MONTE CARLO SIMULATION FOR LIKELIHOOD CONTRIBUTIONS IN LDV MODELS: SOBOL AND HALTON NUMBERS, FAURE SEQUENCES, AND OTHER NUMBER-THEORETIC METHODS
Vassilis Hajivassiliou, London School of Economics
Co-Author: John Rust, University of Maryland

 
  AN INTEGRATED SMOOTHED MAXIMUM SCORE ESTIMATOR FOR A GENERALIZED CENSORED QUANTILE REGRESSION MODEL.
Songnian Chen, HKUST
 

11:15 - 12:45 SEMI/NONPARAMETRICS (ECO)
Chairperson: Marcia Schafgans, London School of Economics
Room Z4 - B36

  CALCULATION OF THE ASYMPTOTIC DISTRIBUTION OF SEMIPARAMETRIC M-ESTIMATORS
Hidehiko Ichimura,
Co-Author: Sokbae Lee, University College London

 
  SEMI-NONPARAMETRIC MODELING OF DENSITIES ON THE UNIT INTERVAL, WITH APPLICATIONS TO CENSORED MIXED PROPORTIONAL HAZARD MODELS AND ORDERED PROBABILITY MODELS
Herman Bierens, Pennsylvania State University

 
  A METHOD OF MOMENTS ESTIMATOR FOR SEMIPARAMETRIC INDEX MODELS
Marcia Schafgans, London School of Economics
Co-Author: Bas Donkers, Erasmus University Rotterdam
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Economic Theory



11:15 - 12:45 EXPERIMENTS AND GAME THEORY (THY)
Chairperson: Steffen Huck, University College London
Room Z1 - Jenner 1

  NEITHER KINDNESS NOR CONFUSSION: CONDITIONAL COOPERATION IN A REPEATED PUBLIC GOODS EXPERIMENT
Luis Gerardo Gonzalez Morales, Max Planck Institute for Research into Economic Systems
Co-Authors: Graciela Gonzalez Farías, Centro de Investigación en Matemáticas and Vittoria Levati, Max Planck Institute for Research into Economic Systems

 
  ARE YOU MORE EGALITARIAN WITH THE OTHERS WHEN YOU MAKE A COSTLY EFFORT?
Rulliere Jean-Louis, University of Lyon
Co-Author: PATRICIA CRIFO, ENS-LSH, GATE-CNRS

 
  IMITATION: THEORY AND EXPERIMENTAL EVIDENCE
Steffen Huck, University College London
Co-Authors: Jose Apesteguia, Public University of Navarre and Jorg Oechssler, University of Bonn
 

11:15 - 12:45 GLOBAL GAMES (THY)
Chairperson: Harrison Rodrigo, Economics Institute P.U.C. Chile
Room Z1 - Jenner 2

  AN APPLICATION OF GLOBAL GAMES TO SIGNALLING MODELS
Philipp C. Wichardt, Dept. of Economics, University of Bonn

 
  INFORMATION DYNAMICS AND EQUILIBRIUM MULTIPLICITY IN GLOBAL GAMES OF REGIME CHANGE
Alessandro Pavan, Northwestern University
Co-Authors: George-Marios Angeletos, MIT and Christian Hellwig, UCLA

 
  STABILITY AND EQUILIBRIUM SELECTION IN A LINK FORMATION GAME
Harrison Rodrigo, Economics Institute P.U.C. Chile
Co-Author: Roberto Muńoz, CIDE
 

11:15 - 12:45 NETWORKS I (THY)
Chairperson: Frank Page, University of Alabama
Room Z1 - Darwin

  EMERGENCE AND RESILIENCE OF SOCIAL NETWORKS:A GENERAL THEORETICAL FRAMEWORK
Fernando Vega-Redondo, Universidad de Alicante and University of Essex
Co-Authors: Ehrhardt George, researcher and Mateo Marsili , Senior reseacher

 
  MYOPIC BELIEFS AND CONFIDENCE IN COSTLY NETWORK FORMATION
Sarangi Sudipta, Louisiana State University
Co-Author: Robert Gilles, Virginia Tech

 
  STRATEGIC BASINS OF ATTRACTION, THE FARSIGHTED CORE, AND NETWORK FORMATION GAMES
Frank Page, University of Alabama
Co-Author: Myrna Wooders, Vanderbilt University
 

11:15 - 12:45 EVOLUTION AND LEARNING II (THY)
Chairperson: Joerg Oechssler, University of Heidelberg
Room Z1 - Mendell 1

  THE EVOLUTIONARY STABILITY OF OPTIMISM, PESSIMISM AND COMPLETE IGNORANCE
Burkhard Schipper, University of Bonn

 
  DISAGREEING FOREVER: SURVIVAL AND BELIEF HETEROGENEITY IN INCOMPLETE MARKETS
Tarek Coury, University of Oxford
Co-Author: Emanuela Sciubba, University of Cambridge

 
  BROWN-VON NEUMANN-NASH DYNAMICS: THE CONTINUOUS STRATEGY CASE
Joerg Oechssler, University of Heidelberg
Co-Authors: Josef Hofbauer, UCL and Frank Riedel, University of Bonn
 

11:15 - 12:45 BARGAINING II (THY)
Chairperson: Jeffrey Zwiebel, Stanford University
Room Z1 - Mendell 2

  NON-COOPERATIVE BARGAINING IN MULTI-AGENT GAMES
Alberto Galasso, London School of Economics

 
  HOW ROBUST IS THE COMPETITIVE OUTCOME? ON DECENTRALIZED TRADING WITH ASYMMETRIC INFORMATION AND EXTREME BARGAINING POWER
Stephan Lauermann, University of Bonn, BGSE

 
  ENDOGENOUS COMPETITIVE BARGAINING
Jeffrey Zwiebel, Stanford University
Co-Author: Simon Board, University of Toronto, Depatment of Economics
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Industrial Organization



11:15 - 12:45 AUCTIONS WITH RESALE (IOR)
Chairperson: Bernard Lebrun, York University
Room Z1 - Cruciform LT2

  SPECULATION IN STANDARD AUCTIONS WITH RESALE
Thomas Troger, University of Bonn, Economics Department
Co-Author: Rod Garratt, UCSB

 
  AUCTIONS WITH RESALE WHEN PRIVATE VALUES ARE UNCERTAIN: THEORY AND EMPIRICAL EVIDENCE
Andreas Lange, University of Maryland
Co-Authors: John List, U Maryland and Michael Price, U Maryland

 
  OPTIMALITY AND THE SECOND-PRICE AUCTION WITH RESALE
Bernard Lebrun, York University
 

11:15 - 12:45 ENTRY AND GROWTH (IOR)
Chairperson: Erzo Luttmer, University of Minnesota
Room Z1 - Cruciform LT1

  A FIRM'S FIRST YEAR
Jaap H. Abbring, Vrije Universiteit Amsterdam and Tinbergen Institute
Co-Author: Jeffrey R. Campbell, Federal Reserve Bank of Chicago

 
  FIRM ENTRY, INNOVATION AND GROWTH: THEORY AND MICRO EVIDENCE
Susanne Prantl, Wissenschaftszentrum Berlin, Humboldt University
Co-Authors: Philippe Aghion, Harvard University, Richard Blundell, University College London, IFS, Rachel Griffith, University College London, IFS and Peter Howitt, Brown University

 
  GROWTH AND THE SIZE DISTRIBUTION OF FIRMS
Erzo Luttmer, University of Minnesota
 

11:15 - 12:45 CONTRIBUTED SESSIONS
Experimental and Behavioral Economics



11:15 - 12:45 MOTIVES AND INTENTIONS (EBE)
Chairperson: Daniel Houser, George Mason University
Room Z3 - Harrie Massey

  TIME IS NOT MONEY
Tore Ellingsen, Stockholm School of Economics

 
  WHEN PUNISHMENT FAILS:RESEARCH ON SANCTIONS, INTENTIONS AND NON-COOPERATION
Daniel Houser, George Mason University
Co-Authors: Kevin McCabe, George Mason University, Vernon Smith, George Mason University and Erte Xiao, George Mason University
 

12:45 - 14:15 LUNCH



12:45 - 14:15 WELL-BEING AND POLICY EVALUATION (AEM)
Chairperson: James Banks, Institute for Fiscal Studies
Room Bloomsbury Theatre

  WELL-BEING AND POLICY EVALUATION
Alan Krueger, Princeton University
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Macroeconomics



14:15 - 16:15 MICRO EVIDENCE ON MACRO PRICE SETTING (MAC)
Chairperson: Carlos Marques, Banco de Portugal
Room Z3 - Gordon House

  MENU COSTS AND MARKOV INFLATION: A THEORETICAL REVISION WITH NEW EVIDENCE
Christian Ahlin, Vanderbilt University
Co-Author: Mototsugu Shintani, Vanderbilt University

 
  ASYMMETRIC PRICE ADJUSTMENT IN THE SMALL: AN IMPLICATION OF RATIONAL INATTENTION
Daniel Levy, Bar-Ilan University

 
  MENU COSTS AT WORK: RESTAURANT PRICES AND THE INTRODUCTION OF THE EURO.
Andrea Tambalotti, Federal Reserve Bank of New York
Co-Authors: Bart Hobijn, Federal Reserve Bank of New York and Federico Ravenna, UC Santa Cruz

 
  TIME OR STATE DEPENDENT PRICE SETTING RULES? EVIDENCE FROM PORTUGUESE MICRO DATA
Carlos Marques, Banco de Portugal
Co-Authors: Daniel Dias, Banco de Portugal and Joao Santos Silva, ISEG, Universidade Técnica de Lisboa
 

14:15 - 16:15 MACROECONOMIC ISSUES (MAC)
Chairperson: Adrian Peralta-Alva, University of Miami
Room Z3 - Harrie Massey

  IDENTIFYING THE INTERDEPENDENCE BETWEEN MONETARY POLICY AND THE STOCK MARKET
Hilde Bjřrnland, University of Oslo
Co-Author: Kai Leitemo, Norwegian School of Management (BI)

 
  POST-WAR CAPITAL RESTRICTIONS, WELFARE COSTS AND DEMOGRAPHICS
Espen Henriksen, Carnegie Mellon University

 
  COMPETITION AND REPUTATION
Teles Pedro, Banco de Portugal
Co-Authors: Nicolini Juan Pablo, Universidad Di Tella and Marimon Ramon, Universitat Pompeu Fabra

 
  THE MACROECONOMICS OF OBESITY IN THE UNITED STATES
Adrian Peralta-Alva, University of Miami
Co-Author: Pere Gomis-Porqueras, University of Miami
 

14:15 - 16:15 FINANCIAL FRICTIONS (MAC)
Chairperson: Xiaofen Chen, Truman State University
Room Z3 - Ingold LT

  THE MAGNITUDE AND CYCLICAL BEHAVIOR OF FINANCIAL MARKET FRICTIONS
Fabio Massimo Natalucci, Federal Reserve Board
Co-Authors: Andrew Levin, Federal Reserve Board and Egon Zakrajsek, Federal Reserve Board

 
  TOO MANY TO FAIL - AN ANALYSIS OF TIME-INCONSISTENCY IN BANK CLOSURE POLICIES
Tanju Yorulmazer, BANK OF ENGLAND
Co-Author: Viral Acharya, London Business School

 
  TO ARM OR NOT TO ARM: CONTRACT CHOICE AS A SIGNAL
Dean Corbae, University of Texas at Austin
Co-Author: Erwan Quintin, Federal Reserve Bank of Dallas

 
  FINANCIAL LIBERALIZATION AND BANK LENDING QUALITY: EVIDENCE FROM THE EU
Xiaofen Chen, Truman State University
 

14:15 - 16:15 ROBUST MONETARY POLICY (MAC)
Chairperson: John Williams, Federal Reserve Bank of San Francisco
Room Z3 - Ingold Auditorium

  MONETARY POLICY UNDER MODEL AND DATA-PARAMETER UNCERTAINTY
Gino Cateau, Bank of Canada

 
  INSURANCE POLICIES FOR MONETARY POLICY
Keith Kuester, Goethe-University, Frankfurt/Main
Co-Author: Volker Wieland, Goethe-University Frankfurt/Main

 
  ROBUST MONETARY POLICY IN A SMALL OPEN ECONOMY
Ulf Söderström, IGIER, Universitŕ Bocconi
Co-Author: Kai Leitemo, Norwegian School of Management (BI)

 
  ROBUST MONETARY POLICY WITH IMPERFECT KNOWLEDGE
John Williams, Federal Reserve Bank of San Francisco
Co-Author: Athanasios Orphanides, Federal Reserve Board
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Finance



14:15 - 16:15 INTERNATIONAL FINANCE (FIN)
Chairperson: Dirk Baur, European Commission - Joint Research Centre (JRC)
Room Z2 - Darwin

  A DYNAMIC EQUILIBRIUM MODEL OF IMPERFECTLY INTEGRATED FINANCIAL MARKETS
Stephane Guibaud, PSE
Co-Author: Nicolas Coeurdacier, PSE

 
  INTERNATIONAL ASSET ALLOCATION UNDER REGIME SWITCHING, SKEW AND KURTOSIS PREFERENCES
Guidolin Massimo, Federal Reserve Bank of St. Louis
Co-Author: Timmermann Allan, University of California, San Diego

 
  RISKS FOR THE LONG RUN AND THE REAL EXCHANGE RATE
Riccardo Colacito, New York University
Co-Author: Mariano Massimiliano Croce, New York University

 
  ENDOGENOUS CONTAGION - A PANEL ANALYSIS
Dirk Baur, European Commission - Joint Research Centre (JRC)
Co-Author: Renee Fry, Australian National University
 

14:15 - 16:15 ASSET PRICING AND PREFERENCES (FIN)
Chairperson: Krishnamurthy Arvind, Northwestern University
Room Z2 - Engineering LT1

  ASSET PRICES UNDER RISING ASPIRATIONS AND REFERENCE-DEPENDENT PREFERENCES
Motohiro Yogo, University of Pennsylvania

 
  KEEPING UP WITH THE JONESES: EVIDENCE FROM MICRO DATA
Enrichetta Ravina, Northwestern University

 
  LABOR INCOME RISK AND ASSET RETURNS
Christian Julliard, Princeton University

 
  LIMITS OF ARBITRAGE: THEORY AND EVIDENCE FROM THE MBS MARKET
Krishnamurthy Arvind, Northwestern University
Co-Author: Xavier Gabaix, MIT
 

14:15 - 16:15 MARKET MICROSTRUCTURE (FIN)
Chairperson: Eric Zivot, University of Washington
Room Z2 - Engineering LT2

  DYNAMICS OF COVERED INTEREST RATE ARBITRAGE
Dagfinn Rime, Norges Bank
Co-Authors: Q. Farooq Akram, Central Bank of Norway and Lucio Sarno, Warwick Business School and Norges Bank

 
  TRADING ACTICITY AND LIQUIDITY IN A PURE LIMIT ORDER BOOK MARKET: AN EMPIRICAL ANALYSIS USING A MULTIVARIATE COUNT DATA MODEL
Andreas Heinen, Universidad Carlos III
Co-Authors: Joachim Grammig, Universtity Tuebingen and erick rengifo, CORE-Université catholique de Louvain

 
  EPISODIC LIQUIDITY CRISIS: THE EFFECT OF PREDATORY AND COOPERATIVE TRADING
Bruce Carlin, Duke University
Co-Authors: Miguel Lobo, Duke University and S Viswanathan, Duke University

 
  THE DYNAMICS OF PRICE DISCOVERY
Eric Zivot, University of Washington
Co-Author: Bingchen Yan,
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Public/Political Economics



14:15 - 16:15 LOBBYING AND INTEREST GROUPS (PPE)
Chairperson: Bard Harstad, Northwestern University
Room Z1 - Jenner 2

  INSTABILITY AND THE INCENTIVES FOR CORRUPTION
Filipe Campante, Harvard University
Co-Authors: Davin Chor, Harvard University and Quoc-Anh Do, Harvard University

 
  POLITICAL THREATS AND PATTERNS OF CAMPAIGN CONTRIBUTIONS: A THEORETICAL AND EMPIRICAL ANALYSIS
Ethan Kaplan, UC Berkeley
Co-Author: Marcos Chamon, IMF

 
  PROTECTION FOR SALE UNDER MONOPOLISTIC COMPETITION
Pao-Li Chang, Singapore Management University

 
  BRIBING VS. LOBBYING: DEVELOPMENT OR POVERTY TRAP
Bard Harstad, Northwestern University
Co-Author: Jakob Svensson, IIES, Stockholm University and DECRG, World Bank
 

14:15 - 16:15 OPTIMAL DYNAMIC TAXATION (PPE)
Chairperson: Marcus Berliant, Washington University in St. Louis
Room Z3 - Archeology

  ON THE DYNAMIC INEFFICIENCY OF GOVERNMENTS
Marina Azzimonti, University of Iowa

 
  PARETO EFFICIENT INCOME TAXATION WITH STOCHASTIC ABILITIES
Marco Battaglini, Princeton University
Co-Author: Steve Coate, Cornell

 
  OPTIMAL DYNAMIC TAXATION WITH PERSISTENT SHOCKS
Marek Kapicka, UCSB

 
  OPTIMAL DYNAMIC NONLINEAR INCOME TAXES WITH NO COMMITMENT
Marcus Berliant, Washington University in St. Louis
Co-Author: John Ledyard, California Institute of Technology
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Development Economics



14:15 - 16:15 HOUSEHOLD STUDIES IN DEVELOPMENT (DEV)
Chairperson: Ethan Ligon, University of California, Berkeley
Room Z2 - Chadwick

  ELICITATION, VALIDATION, AND USE OF PROBABILITY DISTRIBUTIONS OF FUTURE INCOME IN DEVELOPING COUNTRIES
Orazio Attanasio, UCL
Co-Authors: Costas Meghir, UCL and Marcos Vera-Hernandez, University Carlos III Madrid & IFS

 
  THE EVOLUTION OF GENDER WAGE GAPS AND DISCRIMINATION IN URBAN CHINA: 1988-1995
Martin Fournier, CEFC (Hong-Kong) and Université d'Auvergne (France)
Co-Authors: Yi Chen, Cerdi, France and Sylvie Demurger, HIEBS, the University of Hong Kong and CNRS (France)

 
  NUTRITION & INCENTIVES FOR ROTTEN KIDS: INTRAHOUSEHOLD FOOD ALLOCATION IN THE PHILIPPINES
Ethan Ligon, University of California, Berkeley
Co-Author: Pierre Dubois, University of Toulouse (INRA, IDEI) and CEPR
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Applied and Empirical Microeconomics



14:15 - 16:15 ENTRY AND COMPETITION (AEM)
Chairperson: Ellen Hanak, Public Policy Institute of California
Room Z1 - Cruciform LT2

  THE WELFARE CONSEQUENCES OF ATM SURCHARGES: EVIDENCE FROM A STRUCTURAL ENTRY MODEL
Gautam Gowrisankaran, Washington University in St. Louis
Co-Author: John Krainer, Federal Reserve Bank of San Francisco

 
  DO ENTRY CONDITIONS VARY OVER TIME? ENTRY AND COMPETITION IN THE BROADBAND MARKET: 1999-2003
Mo Xiao, Dept. of Economics, University of Rochester
Co-Author: Peter Orazem, Dept. of Economics, Iowa State University

 
  THE IMPACT OF THE AMERICANS WITH DISABILITIES ACT ON THE ENTRY AND EXIT OF RETAIL FIRMS
James Prieger, University of California, Davis

 
  IS WATER POLICY LIMITING RESIDENTIAL GROWTH? EVIDENCE FROM CALIFORNIA
Ellen Hanak, Public Policy Institute of California
 

14:15 - 16:15 INTERTEMPORAL CONSUMPTION (AEM)
Chairperson: Rob Alessie, Utrecht University
Room Z2 - Biochemestry

  INTERTEMPORAL CONSUMPTION AND CREDIT CONSTRAINTS: DOES CONSUMPTION RESPOND TO AN EXOGENOUS SHOCK TO CREDIT?
Soren Leth-Petersen, AKF

 
  BORROWING CONSTRAINTS, THE COST OF PRECAUTIONARY SAVING, AND UNEMPLOYMENT INSURANCE
Thomas Crossley, McMaster University
Co-Author: Hamish Low, Cambridge University

 
  THE EXISTENCE, UNIQUENESS, AND OPTIMALITY OF THE TERMINAL WEALTH DEPLETION TIME IN LIFE-CYCLE MODELS OF SAVING UNDER UNCERTAIN LIFETIME AND BORROWING CONSTRAINT
Siu Fai Leung, Hong Kong University of Science and Technology

 
  SAVING AND COHABITATION: THE ECONOMIC CONSEQUENCES OF LIVING WITH ONE’S PARENTS IN ITALY AND THE NETHERLANDS
Rob Alessie, Utrecht University
Co-Authors: Agar Brugiavini, Universita CaFoscari'di Venezia and Guglielmo Weber, Universitŕ di Padova
 

14:15 - 16:15 SMOKING (AEM)
Chairperson: Jason Abrevaya, PURDUE UNIVERSITY
Room Z2 - Hill

  EDUCATION, INFORMATION AND SMOKING DECISIONS. EVIDENCE FROM SMOKING HISTORIES, 1940-2000.
Damien de Walque, World Bank

 
  PRICES, CIGARETTE CONSUMPTION AND SMOKING INTENSITY
Jerome Adda, University College London
Co-Author: Francesca Cornaglia, University College London

 
  DO CHANGES IN EDUCATION LEVELS EXPLAIN TRENDS IN SMOKING PREVALENCE? EVIDENCE FROM FRANCE
Fabrice Etile, INRA-CORELA
Co-Author: Andrew Jones, University of York

 
  ESTIMATING THE EFFECT OF SMOKING ON BIRTH OUTCOMES USING A MATCHED PANEL DATA APPROACH
Jason Abrevaya, PURDUE UNIVERSITY
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Labor Economics



14:15 - 16:15 EDUCATION AND RISK (LAB)
Chairperson: Steven Lehrer, Queen''s University
Room Z2 - Young

  SEPARATING UNCERTAINTY FROM HETEROGENEITY IN LIFE CYCLE EARNINGS
Flavio Cunha, University of Chicago
Co-Authors: James Heckman, The University of Chicago and Salvador Navarro, The University of Chicago

 
  RISK AVERSION, EXPECTED EARNINGS, AND OPPORTUNITY COTS: A STRUCTURAL ECONOMETRIC MODEL OF HUMAN CAPITAL INVESTMENT
Thomas Brodaty, THEMA, Cergy University, Paris
Co-Authors: Robert J. Gary-Bobo, TEAM, Paris 1 University and CEPR and Ana Prieto, CNRS, THEMA, Cergy University, Paris

 
  RISK AND HETEROGENEITY IN EDUCATION RETURNS
Vincent Hogan, University College Dublin
Co-Author: Ian Walker, University of Warwick

 
  RAGING HORMONES IN PUBERTY: DO THEY INFLUENCE ADOLESCENT RISKY BEHAVIOR?
Steven Lehrer, Queen''s University
Co-Author: Weili Ding, Queen''s University
 

14:15 - 16:15 CAREER CHOICE AND COMPENSATION (LAB)
Chairperson: Bruce Stephen Shearer, Laval University
Room Z2 - Embriology

  CAREER CHOICE AND WAGE GROWTH
Ronni Pavan, University of Chicago

 
  DISCRETIONARY BONUSES AA A FEEDBACK MECHANISM
Anton Suvorov, New Economic School
Co-Author: Jeroen van de Ven, Utrecht School of Economics

 
  FRINGE ATTRACTION: COMPENSATION POLICIES, WORKER TURNOVER AND ESTABLISHMENT PERFORMANCE
Harald Dale-Olsen, Institute for Social Research

 
  THE RESPONSE OF WORKER EFFORT TO PIECE RATES: EVIDENCE FROM A FIELD EXPERIMENT
Bruce Stephen Shearer, Laval University
Co-Author: Harry Paarsch, Iowa
 

14:15 - 16:15 CONTRIBUTED SESSIONS
International Economics



14:15 - 16:15 ASSET TRADE (INT)
Chairperson: Jon Wongswan, Federal Reserve Board
Room Z3 - Ricardo

  HURRICANES: INTERTEMPORAL TRADE AND CAPITAL SHOCKS
John Bluedorn, University of Oxford, Dept. of Economics

 
  INCOMPLETE INTERTEMPORAL CONSUMPTION SMOOTHING AND INCOMPLETE RISKSHARING
Soyoung Kim, Korea University
Co-Author: Pierfederico Asdrubali, Council of Economic Advisors, Presidency of the Council of Ministers

 
  INFORMATION IMMOBILITY AND THE HOME BIAS PUZZLE
Laura Veldkamp, NYU Stern
Co-Author: Stijn Van Nieuwerburgh, NYU Stern

 
  THE PERFORMANCE OF INTERNATIONAL EQUITY PORTFOLIOS
Jon Wongswan, Federal Reserve Board
 

14:15 - 16:15 MONETARY POLICY IN OPEN ECONOMIES (INT)
Chairperson: Jose Angelo Divino, Catholic University of Brasilia
Room Z3 - Jevons

  OPENNESS AND INFLATION
Dudley Cooke, University of Warwick

 
  MONETARY POLICY IN AN EQUILIBRIUM PORTFOLIO BALANCE MODEL
Michael Kumhof, International Monetary Fund
Co-Author: Stijn Van Nieuwerburgh, NYU Stern

 
  GAINS FROM COORDINATION IN A MULTI-SECTOR OPEN ECONOMY: DOES IT PAY TO BE DIFFERENT?
Zheng Liu, Emory University
Co-Author: Evi Pappa, London School of Economics; IGIER-Bocconi University and CEP

 
  OPTIMAL MONETARY POLICY FOR A SMALL OPEN ECONOMY
Jose Angelo Divino, Catholic University of Brasilia
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Econometrics



14:15 - 16:15 UNIT ROOTS III (ECO)
Chairperson: Franz C. Palm,
Room Z4 - B33

  OPTIMAL ESTIMATION UNDER NONSTANDARD CONDITIONS
Werner Ploberger, univ. of rochester

 
  A NOTE ON UNIT ROOT TESTS WITH INFINITE VARIANCE NOISE
Keith Knight, University of Toronto
Co-Author: Mahinda Samarakoon, University of Toronto

 
  SIMULATING PROPERTIES OF THE LIKELIHOOD RATIO TEST FOR A UNIT ROOT IN AN EXPLOSIVE SECOND ORDER AUTOREGRESSION
James Reade, University of Oxford
Co-Author: Bent Nielsen, University of Oxford

 
  BOOTSTRAP UNIT ROOT TESTS: COMPARISON AND EXTENSIONS
Stephan Smeekes, Universiteit Maastricht
Co-Authors: Franz C. Palm, Universiteit Maastricht and Jean-Pierre Urbain, Universiteit Maastricht
 

14:15 - 16:15 VOLATILITY III (ECO)
Chairperson: Douglas Steigerwald, UC Santa Barbara
Room Z4 - B34

  THE SPLINE GARCH MODEL FOR UNCONDITIONAL VOLATILITY AND ITS GLOBAL MACROECONOMIC CAUSES
Robert Engle, New York University
Co-Author: Jose Gonzalo Rangel, UCSD

 
  MEASURING VOLATILITY IN US TREASURY MARKETS
Dan Slottje, SMU
Co-Authors: Suhejla Hoti, U. Western Australia and Mike McAleer,

 
  MODELING ASYMMETRY AND EXCESS KURTOSIS IN STOCK RETURN DATA
Gamini Premarate, National University of Singapore
Co-Author: Anil Bera, University of Illinois

 
  NOISE REDUCED VOLATILITY: A KALMAN FILTER APPROACH
Douglas Steigerwald, UC Santa Barbara
 

14:15 - 16:15 TREATMENT EFFECT ESTIMATION (ECO)
Chairperson: Arthur Lewbel, Boston College
Room Z4 - B35

  INFERENCES IN DIFFERENCE IN DIFFERENCES WITH A SMALL NUMBER OF POLICY CHANGES
Chris Taber, Northwestern
Co-Author: Timothy Conley, Univerisiyt of Chicago

 
  MEAN-SQUARED-ERROR CALCULATIONS FOR AVERAGE TREATMENT EFFECTS
Geert Ridder, Dept. of Economics, University of Southern California
Co-Authors: Guido Imbens, Berkeley and Whitney Newey, MIT

 
  SEMIPARAMETRIC BAYESIAN INFERENCE FOR INFERRING QUANTILE TREATMENT EFFECTS
Markus Jochmann, University of Konstanz

 
  SIMPLE ESTIMATORS FOR ENDOGENOUS SELECTION MODELS
Arthur Lewbel, Boston College
 

14:15 - 16:15 MEASUREMENT ERROR (ECO)
Chairperson: Debopam Bhattacharya, Dartmouth College
Room Z4 - B36

  CENSORED REGRESSORS AND EXPANSION BIAS
Thomas Stoker, MIT
Co-Author: Roberto Rigobon, MIT

 
  MISREPORTED SCHOOLING AND RETURNS TO EDUCATION: EVIDENCE FROM THE UK
Barbara Sianesi, IFS
Co-Author: Erich Battistin, Padua University and IFS

 
  THE EFFECTS OF INCOME IMPUTATION ON MICRO ANALYSES: EVIDENCE FROM THE ECHP
Cheti Nicoletti, ISER
Co-Author: Franco Peracchi, University of Rome "Tor Vergata"

 
  SEMIPARAMETRIC INFERENCE IN PANEL DATA MODELS UNDER ATRITION CAUSED BY UNOBSERVABLES
Debopam Bhattacharya, Dartmouth College
 

14:15 - 16:15 NONPARAMETRIC AND PARAMETRIC TESTING (ECO)
Chairperson: Russell Davidson, GREQAM
Room Z4 - B20

  DISTRIBUTION FREE SPECIFICATION TESTS OF CONDITIONAL MODELS
Miguel A. Delgado, Univeridad Carlos III de Madrid

 
  LOCAL SENSITIVITY AND DIAGNOSTIC TESTS
Jan Magnus, CentER, Tilburg University
Co-Author: Andrey Vasnev, CentER, Tilburg University

 
  SIMULTANEOUS TESTING IN NONPARAMETRIC REGRESSION WITH DISCONTINUITIES IN THE MEAN AND VARIANCE FUNCTIONS
Sébastien Van Bellegem, Institut de statistique, UCL
Co-Authors: Jiti Gao, and Irčne Gijbels, Katholieke Universiteit Leuven

 
  TESTING FOR RESTRICTED STOCHASTIC DOMINANCE
Russell Davidson, GREQAM
Co-Author: Jean-Yves Duclos, Université Laval
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Economic Theory



14:15 - 16:15 BOUNDED RATIONALITY II (THY)
Chairperson: Antoine Faure-Grimaud, London School of Economics
Room Z1- Mendell 1

  BARGAINING WITH LEARNING
Tanjim Hossain, Hong Kong University of Science & Technology

 
  ECONOMIC CHOICE SEMIAUTOMATA; STRUCTURE, COMPLEXITIES AND AGGREGATIONS
Mark Johnson, Tulane University

 
  THINKING AHEAD: THE DECISION PROBLEM
Antoine Faure-Grimaud, London School of Economics
Co-Author: Patrick Bolton, princeton
 

14:15 - 16:15 COMPUTATIONAL METHODS (THY)
Chairperson: Ken Judd, Stanford
Room Z1 - Mendell 2

  NUMERICAL SOLUTION OF DYNAMIC NON-OPTIMAL ECONOMIES
Santos Manuel, Arizona State University
Co-Author: jianjun miao, Department of Economics, Boston University

 
  A COMPUTATIONAL APPROACH TO PROVING UNIQUENESS IN DYNAMIC GAMES
Karl Schmedders, Northwestern University
Co-Author: Ken Judd, Stanford

 
  SOLVING MACRODYNAMIC HETEROGENEOUS AGENT MODELS: NEW APPROACHES
Algan Yann, IZA
Co-Authors: Allais Olivier, INRA and Denhaan Wouter, London Business School

 
  EXISTENCE, UNIQUENESS, AND COMPUTATIONAL THEORY FOR TIME CONSISTENT EQUILIBRIA
Ken Judd, Stanford
 

14:15 - 16:15 COOPERATIVE GAMES (THY)
Chairperson: Jerry Green, Harvard University
Room Z1 - Jenner 1

  THE UNIQUENESS OF STABLE MACTHINGS
Simon Clark, University of Edinburgh

 
  INFORMATION TRANSMISSION IN COALITIONAL VOTING GAMES
Roberto Serrano, Brown University
Co-Author: Rajiv Vohra, Brown University

 
  HEDONIC COALITION FORMATION AND INDIVIDUAL PREFERENCES
Szilvia Papai, Concordia University

 
  ADDITIVE RULES FOR THE QUASI-LINEAR BARGAINING PROBLEM
Jerry Green, Harvard University
Co-Author: Christopher Chambers, Caltech
 

14:15 - 16:15 MECHANISM DESIGN I (THY)
Chairperson: Andrew Postlewaite, University of Pennsylvania
Room Z1 - Darwin

  INCENTIVE COMPATIBILITY IN MULTI-UNIT AUCTIONS
Shurojit Chatterji, CIE
Co-Authors: Sushil Bikhchandani, and Arunava Sen,

 
  EX-POST IMPLEMENTABLE MERGER MECHANISMS
Dennis Gartner, University of Zurich
Co-Author: Armin Schmutzler, University of Zurich

 
  EFFICIENT COMPROMISING
Peter Postl, University of Birmingham
Co-Author: Tilman Borgers, UCL

 
  IMPLEMENTATION WITH INTERDEPENDENT VALUATIONS
Andrew Postlewaite, University of Pennsylvania
Co-Author: Richard McLean, Rutgers University
 

14:15 - 16:15 CONTRIBUTED SESSIONS
Industrial Organization



14:15 - 16:15 STRUCTURAL ESTIMATION IN INDUSTRIAL ORGANISATION I (IOR)
Chairperson: Harry Paarsch, Iowa
Room Z1 - Cruciform LT1

  STRUCTURAL IDENTIFICATION OF PRODUCTION FUNCTIONS
Daniel Ackerberg, University of Arizona
Co-Authors: Kevin Caves, UCLA and Garth Frazer, University of Toronto

 
  STRUCTURAL ESTIMATION OF OLIGOPOLY MARKETS WHEN FIRMS PLAY UNKNOWN EQUILIBRIA
Adam Rosen, Northwestern University

 
  ESTIMATING STRATEGIC COMPLEMENTARITIES IN CREDIT UNIONS' OUTSOURCING DECISIONS
Andrew Cohen, Federal Reserve Board of Governors
Co-Author: Ron Borzekowski, Federal Reserve Board of Governors

 
  STOCHASTIC DYNAMIC PROGRAMMING IN SPACE: AN APPLICATION TO BRITISH COLUMBIAN FORESTRY
Harry Paarsch, Iowa
Co-Author: John Rust, University of Maryland
 

16:15 - 17:00 BREAK



17:00 - 18:30 JEEA LECTURE



17:00 - 18:30 JEEA LECTURE (IOR)
Chairperson: Richard Blundell, University College London
Room

  THE INDUSTRIAL ORGANIZATION AND REGULATION OF PLATFORM INDUSTRIES
Jean Tirole, ECGI
 

19:45 - 21:30 ST PAULS CATHEDRAL CHORAL CONCERT


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