EEA-ESEM 2009: Congress Programme
The Congress Programme is subject to last minute changes.
This version of the Programme was viewed at 06/07/2009 12:35:47
Sun 23 Aug | Mon 24 Aug | Tue 25 Aug | Wed 26 Aug | THURSDAY 27 AUGUST 2009
| 10:15 - 11:30 | PLENARY SESSION 3 ESEM |
| 12:00 - 14:00 |
CONTRIBUTED SESSIONS 8
CONTRIBUTED SESSIONS ECONOMETRICS 8 (ESEM EEE) |
| 15:30 - 17:30 |
CONTRIBUTED SESSIONS 9
CONTRIBUTED SESSIONS ECONOMETRICS 9 (ESEM EEE) |
| 10:15 - 11:30 |
PLENARY SESSION ESEM 3 Laffont Lecture: Guido Imbens (Harvard University) |
| 12:00 - 14:00 |
CONTRIBUTED SESSIONS 8
EEA |
| 12:00 - 14:00 |
BUSINESS CYCLES IV (EEA)
Chairperson: Jacek Suda, Washington Universtiy in St. Louis |
Room |
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DISAGREEMENT AMONG FORECASTERS IN G7 COUNTRIES
Jiri Slacalek, European Central Bank Co-Authors: Jonas Dovern, and Ulrich Fritsche, |
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YIELD-CURVE BASED PROBIT MODELS FOR FORECASTING U.S. RECESSIONS: STABILITY AND DYNAMICS
Heikki Kauppi, University of Turku |
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HOW DOES A TWISTED BELIEFS SHOCK AFFECT THE MACROECONOMY?
Jacek Suda, Washington Universtiy in St. Louis |
| 12:00 - 14:00 |
CONSUMER BEHAVIOR: EMPIRICAL (EEA)
Chairperson: Sule Alan, Cambridge University |
Room |
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DEMOGRAPHICS AND LIFE-CYCLE CONSUMPTION
Charles Grant, Reading |
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HOW CHANGING PRUDENCE AND RISK AVERSION AFFECT OPTIMAL SAVING
Christian Bauer, Ludwig-Maximilians-University Munich Co-Author: Wolfgang Buchholz, University of Regensburg and CESifo |
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COUNTERFACTUAL PREDICTION WITH PANEL DATA
Misra Kanishka, Northwestern Universirty Co-Author: Benjamin Handel, Northwestern University |
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HOUSEHOLD CONSUMPTION, PORTFOLIO CHOICE AND EXPECTED STOCK MARKET RETURNS
Sule Alan, Cambridge University Co-Author: Steffan Ball, Federal Reserve Board |
| 12:00 - 14:00 |
CORPORATE FINANCE V (EEA)
Chairperson: Nihal Bayraktar, Penn State University and World Bank |
Room |
|
HUMAN RIGHT ABUSE AND CORPORATE STOCK PERFORMANCE - AN EVENT STUDY ANALYSIS
Peter Schmidt, University of Zurich (CCRS) Co-Authors: Vivien Kappel, ETH Zurich and Andreas Ziegler, University of Zurich |
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TWO-SIDED CERTIFICATION: THE MARKET FOR RATING AGENCIES
Dirk Leonhard Hofmann, Humboldt University Berlin Co-Author: Erik R. Fasten, Humboldt University Berlin |
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INVESTMENT, FUNDAMENTALS AND AGENCY COST OF CONTRACTING MODELS
Nihal Bayraktar, Penn State University and World Bank |
| 12:00 - 14:00 |
DISCRIMINATION (EEA)
Chairperson: Juanjo Dolado, Universidad Carlos III |
Room |
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DOES DISCRIMINATION EXPLAIN OCCUPATIONAL SEGREGATION BY SEX? EVIDENCE FROM LOCAL GENDER IMBALANCES IN POST-UNIFICATION GERMANY
Holger Bonin, ZEW Mannheim Co-Authors: Melanie Arntz, ZEW Mannheim and Felix Hörisch, ZEW Mannheim |
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RACIAL DIFFERENCES IN WAGES AND NON-WAGE COMPENSATION
Zahra Siddique, IZA Co-Author: Wallace Mok, Northwestern University |
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THE IMPORTANCE OF NAMES: NEW EVIDENCE ON ETHNIC DISCRIMINATION
Angela Djupsjöbacka, Ĺbo Akademi Co-Author: Jonas Lagerström, Ĺbo Akademi University |
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ON GENDER GAPS AND SELF-FULFILLING EXPECTATIONS: THEORY, POLICIES AND SOME EMPIRICAL EVIDENCE
Juanjo Dolado, Universidad Carlos III Co-Authors: Sara de la Rica, Universidad del Pais Vasco (UPV) and Cecilia García-Peńalosa, GREQAM |
| 12:00 - 14:00 |
ECONOMIC HISTORY (EEA)
Chairperson: Claudia Rei, Vanderbilt University |
Room |
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TESTING THE WEBER HYPOTHESIS: THE ECONOMIC EFFECTS OF THE PROTESTANT REFORMATION IN THE GERMAN LANDS
Davide Cantoni, Harvard University |
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CIGARETTE MONEY AND BLACK-MARKET PRICES DURING THE 1948 GERMAN MIRACLE
Vincent Bignon, University Paris at Nanterre |
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CHILD EVACUEES DURING WWII: ESTIMATING NURTURE EFFECTS USING A NATURAL EXPERIMENT
Torsten Santavirta, Helsinki School of Economics |
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A COMPARISON OF THE ORGANIZATION OF MERCHANT EMPIRES: PORTUGAL, ENGLAND AND THE NETHERLANDS
Claudia Rei, Vanderbilt University |
| 12:00 - 14:00 |
ECONOMICS OF EDUCATION IV (EEA)
Chairperson: Karsten Reuss, Centre of European Economic Research |
Room |
|
DO TEACHING PRACTICES INFLUENCE STUDENT ACHIEVEMENT?
Amelie Wuppermann, University of Munich Co-Author: Guido Schwerdt, ifo Institute Munich |
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MARIJUANA CONSUMPTION, EDUCATIONAL OUTCOMES AND LABOR MARKET SUCCESS: EVIDENCE FROM SWITZERLAND
Donata Bessey, University of Zurich Co-Author: Uschi Backes-Gellner, University of Zurich |
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SENSITIVE AND CRITICAL PERIODS OF COGNITIVE AND NONCOGNITIVE SKILLS
Karsten Reuss, Centre of European Economic Research Co-Author: Katja Coneus, Centre of European Economic Research (ZEW) |
| 12:00 - 14:00 |
ENVIRONMENTAL ECONOMICS III (EEA)
Chairperson: Bjart J. Holtsmark, Statistics Norway |
Room |
|
AIR POLLUTION AND INFANT MORTALITY: A NATURAL EXPERIMENT FROM POWER PLANT DESULFURIZATION
Simon Luechinger, London School of Economics |
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CARBON MARKETS AND TECHNOLOGICAL INNOVATION
Thomas Weber, Stanford University Co-Author: Karsten Neuhoff, University of Cambridge |
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THE IMPOSSIBILITY OF INTERNATIONAL EMISSIONS TRADING WITH ENDOGENOUS ENDOWMENTS
Bjart J. Holtsmark, Statistics Norway |
| 12:00 - 14:00 |
EXPERIMENTAL ECONOMICS IV (EEA)
Chairperson: Carsten Erner, Finance Center Muenster |
Room |
|
DISTRIBUTING TWO PRIZES IN THE ALL-PAY AUCTION
Julia Schmid, Technical University Berlin Co-Author: Dietmar Fehr, TU Berlin |
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ECONOMIC LABORATORY EXPERIMENT ON HORN’S RULE
Stephanie Rosenkranz, Utrecht University School of Economics Co-Authors: Kris De Jaegher, Utrecht School of Economics and Utz Weitzel, Utrecht University School of Economics |
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CAN INTENTIONS SPOIL THE KINDNESS OF A GIFT? - AN EXPERIMENTAL STUDY
Christina Strassmair, LMU Munich |
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CAN PROSPECT THEORY BE USED TO PREDICT INVESTOR’S WILLINGNESS TO PAY?
Carsten Erner, Finance Center Muenster Co-Authors: Alexander Klos, Finance Center Muenster and Thomas Langer, Finance Center Muenster |
| 12:00 - 14:00 |
FINANCIAL INTEGRATION II (EEA)
Chairperson: Cesar Calderon, The World Bank |
Room |
|
ON THE WELFARE AND DISTRIBUTIONAL IMPLICATIONS OF INTERNATIONAL FINANCIAL INTEGRATION
Antonio Antunes, Banco de Portugal Co-Author: Tiago Cavalcanti, Faculty of Economics, University of Cambridge |
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RESILIENCE AND CONTAGION IN A CONNECTED ECONOMY
Gwenaël Moysan, ENS LSH - GATE Co-Author: Camille Cornand, Universite Strasbourg |
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DOES FINANCIAL OPENNESS LEAD TO DEEPER DOMESTIC FINANCIAL MARKETS?
Cesar Calderon, The World Bank Co-Author: Megumi Kubota, University of York |
| 12:00 - 14:00 |
FOREIGN DIRECT INVESTMENT IV (EEA)
Chairperson: Wendy Carlin, UCL |
Room |
|
FIRM INTEGRATION STRATEGIES AND IMPERFECT LABOR MARKETS
Tobias Seidel, University of Munich Co-Authors: Hartmut Egger, University of Bayreuth and Peter Egger, Ifo Institute, LMU Munich |
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FOREIGN DIRECT INVESTMENT & THE WELFARE EFFECTS OF COST HARMONIZATION
Anthony Creane, Michigan State University Co-Author: Kaz Miyagiwa, ISER, Osaka University |
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MULTINATIONAL OWNERSHIP AND SUBSIDIARY INVESTMENT
Wendy Carlin, UCL Co-Authors: Andrew Charlton, LSE and Colin Mayer, Said Business School Oxford University |
| 12:00 - 14:00 |
GROWTH IV (EEA)
Chairperson: Kenza Benhima, University of Paris X |
Room |
|
PATENT POLICY AND INCOME DISTRIBUTION
Christian Kiedaisch, Toulouse School of Economics |
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PRODUCT AND PROCESS INNOVATION IN A GROWTH MODEL OF FIRM SELECTION
Cristiana Benedetti Fasil , European University Institute |
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UNIFYING TIME TO BUILD THEORY
Mauro Bambi, University of York |
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A REAPPRAISAL OF THE ALLOCATION PUZZLE THROUGH THE PORTFOLIO APPROACH
Kenza Benhima, University of Paris X |
| 12:00 - 14:00 |
HEALTH ECONOMICS V (EEA)
Chairperson: Tapas Kundu, University of Oslo |
Room |
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TAKE IT OR LEAVE IT. SWITCHING BEHAVIOR AT THE TIME OF THE DUTCH HEALTH INSURANCE REFORM
Jonneke Bolhaar, VU University Amsterdam Co-Authors: Maarten Lindeboom, VU univeristy Amsterdam, Netspar and Bas Van der Klaauw, VU University, Amsterdam |
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UPCODING AND OPTIMAL AUDITING IN HEALTH CARE MARKETS
Luigi Siciliani, Department of Economics, University of York Co-Author: Michael Kuhn, Vienna Institute of Demography |
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MONOPOLY PRICING UNDER A MEDICAID-STYLE MOST-FAVORED-CUSTOMER CLAUSE AND ITS WELFARE IMPLICATION
Tapas Kundu, University of Oslo Co-Author: Peter Klibanoff, Northwestern University |
| 12:00 - 14:00 |
INDUSTRIAL ORGANIZATION: REGULATION I (EEA)
Chairperson: Georg Goetz, Justus-Liebig-University Giessen |
Room |
|
SCHEDULED SERVICE VERSUS PERSONAL TRANSPORTATION: THE ROLE OF DISTANCE
Xavier Fageda, Universitat de Barcelona Co-Authors: Volodymyr Bilotkach, University of California-Irvine and Ricardo Flores-Fillol, Universitat Rovira i Virgili |
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ACCESS REGULATION AND INVESTMENT IN NEXT GENERATION NETWORKS - A RANKING OF REGULATORY REGIMES
Lars Wiethaus, European School of Management and Technology Co-Author: Rainer Nitsche, European School of Management and Technology |
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THE EFFECT OF GUN SHOWS ON GUN RELATED DEATHS: EVIDENCE FROM CALIFORNIA AND TEXAS
Randi Hjalmarsson, University of Maryland Co-Authors: Mark Duggan, University of Maryland and Brian Jacob, University of Michigan |
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COMPETITION, REGULATION, AND BROADBAND ACCESS TO THE INTERNET
Georg Goetz, Justus-Liebig-University Giessen |
| 12:00 - 14:00 |
INDUSTRIAL ORGANIZATION: VERTICAL RELATIONS (EEA)
Chairperson: Vanessa von Schlippenbach, DIW Berlin |
Room |
|
BUYER POWER THROUGH PRODUCERS' DIFFERENTIATION
Claire Chambolle, INRA and Departement D'Economie de l'Ecole Polytechnique Co-Author: Sofia Villas Boas B., University of California, Berkeley |
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HOW DOES VERTICAL INDUSTRY STRUCTURE AFFECT INVESTMENT IN INFRASTRUCTURE QUALITY?
Alessandro Avenali, Universittŕ Telematica Internazionale Co-Author: Pierfrancesco Reverberi, Sapienza - Universitŕ di Roma |
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VERTICAL INTEGRATION, IMITATION AND FORECLOSURE
Marie-Laure Allain, CNRS Ecole Polytechnique Co-Authors: Claire Chambolle, INRA and Departement D'Economie de l'Ecole Polytechnique and Patrick Rey, Toulouse School of Economics and IDEI |
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QUALITY UNCERTAINTY IN VERTICAL RELATIONS: MUTUAL DEPENDENCY MITIGATES INEFFICIENCIES
Vanessa von Schlippenbach, DIW Berlin Co-Author: Pio Baake, DIW Berlin |
| 12:00 - 14:00 |
INTERNATIONAL TRADE: THEORY (EEA)
Chairperson: Mariya Teteryatnikova, European University Institute |
Room |
|
TRADE AND TERRORISM: DOES THE NEIGHBOR HURT?
Jose de Sousa, CES University Paris 1 - CREM University Rennes 1 |
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TRADE SEARCH AND ITS CONSEQUENCES
Terence Huw Edwards, Lecturer in Economics, Loughborough University |
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COMPARATIVE ADVANTAGE
AND SKILL-SPECIFIC
UNEMPLOYMENT
Wolfgang Lechthaler, Kiel Institute for the World Economy Co-Author: Mario Larch, Ifo Institute, Munich |
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R&D IN THE NETWORK OF INTERNATIONAL TRADE: MULTILATERAL VERSUS REGIONAL TRADE AGREEMENTS
Mariya Teteryatnikova, European University Institute |
| 12:00 - 14:00 |
LABOR MARKETS AND UNEMPLOYMENT (EEA)
Chairperson: Benedicte Rouland, University of Le Mans (GAINS-TEPP) |
Room |
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CREDIT CONSTRAINTS AND THE PERSISTENCE OF UNEMPLOYMENT
Nicolas Dromel, Paris School of Economics - CNRS Co-Authors: Elie KOLAKEZ, ERMES-TEPP, Paris 2 University and Etienne Lehmann, CREST |
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UNEMPLOYMENT DYNAMICS IN THE OECD
Aysegul Sahin, NYFED Co-Authors: Mike Elsby, University of Michigan and Bart Hobijn, Federal Reserve bank of San Francisco |
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INEFFICIENT EQUILIBRIUM UNEMPLOYMENT
WITH UNOBSERVABLE HETEROGENEITY OF WORKERS
Benedicte Rouland, University of Le Mans (GAINS-TEPP) Co-Author: ARNAUD CHERON, GAINS - Université du Mans |
| 12:00 - 14:00 |
LABOR MARKETS: SEARCH II (EEA)
Chairperson: Marco Caliendo, IZA |
Room |
|
OPTIMAL POLICY IN A DYNAMIC SEARCH MODEL WITH RISK AVERSION
Jean-Baptiste Michau, London School of Economics |
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LABOR MARKET POLICY EVALUATION IN EQUILIBRIUM: SOME LESSONS OF THE JOB SEARCH AND MATCHING MODEL
Thomas Le Barbanchon, Insee Crest Co-Author: Pierre Cahuc, University of Paris 1 |
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LOCUS OF CONTROL AND JOB SEARCH STRATEGIES
Marco Caliendo, IZA Co-Authors: Deborah Cobb-Clark, Australian National University and Arne Uhlendorff, IZA |
| 12:00 - 14:00 |
MACROECONOMICS OF MONETARY AND CURRENCY UNIONS (EEA)
Chairperson: Leopold von Thadden, European Central Bank |
Room |
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FISCAL POLICY IN A MONETARY UNION: GAINS FROM CHANGING INSTITUTIONS
Susana Salvado, FEUNL |
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OPTIMUM CURRENCY AREA THEORY REVISITED -- NEW INSIGHTS FROM STOCHASTIC DYNAMICS
Ferdinand Fichtner, European Central Bank |
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THE EFFECTS OF HOUSING PRICES AND MONETARY POLICY IN A CURRENCY UNION
Pau Rabanal, IMF Co-Author: Oriol Aspachs, "La Caixa" and Financial Markest Group (LSE) |
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MONETARY AND FISCAL POLICY ASPECTS OF INDIRECT TAX CHANGES IN A MONETARY UNION
Leopold von Thadden, European Central Bank Co-Author: Anna Lipinska, Bank of England |
| 12:00 - 14:00 |
MIGRATION IV (EEA)
Chairperson: Anna Maria Mayda, Georgetown |
Room |
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LAND RIGHTS INSECURITY AND MIGRATION: THE CASE OF CHINA.
Thomas Vendryes, Paris School of Economics Co-Authors: Maelys de la Rupelle, Paris School of Economics, Quheng Deng, CASS and Shi Li, BNU |
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RETURN MIGRATION AS A CHANNEL OF BRAIN GAIN
Karin Mayr, University of Vienna Co-Author: Giovanni Peri, UC Davis |
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TAX AND MIGRATION COMPETITION WHEN HIGHLY SKILLED VOTE WITH THEIR FEET: STRATEGIC INVESTMENT IN CULTURE
Laurent Simula, National University of Singapore Co-Author: Alain Trannoy, EHESS and GREQAM |
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DO INTEREST GROUPS AFFECT US IMMIGRATION POLICY?
Anna Maria Mayda, Georgetown Co-Authors: Giovanni Facchini, Erasmus University and Prachi Mishra, IMF |
| 12:00 - 14:00 |
MONETARY POLICY IV (EEA)
Chairperson: Massimiliano Pisani, Bank of Italy |
Room |
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A LONG-RUN ANALYSIS OF THE MONEY DEMAND IN ARGENTINA: 1900-2006
Matteo Mogliani, Paris School of Economics Co-Authors: Giovanni Urga, Cass Business School, London (UK) and Bergamo University, (Italy) and Carlos Winograd, Paris School of Economics |
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POLICY ANNOUNCEMENTS AND WELFARE
Christian Stoltenberg, University of Amsterdam Co-Author: Vadym Lepetyuk, Universidad de Alicante |
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MONETARY POLICY UNDER ENDOGENOUS ATTENTION ALLOCATION
Luigi Paciello, Einaudi Institute for Economics and Finance Co-Author: Mirko Wiederholt, Northwestern University |
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MACROECONOMIC IMPLICATIONS OF GREATER
COMPETITION IN THE EURO AREA
Massimiliano Pisani, Bank of Italy |
| 12:00 - 14:00 |
OPTIMAL TAXATION (EEA)
Chairperson: Lambert Schoonbeek, Department of Economics and Econometrics, University of Groningen |
Room |
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EMPLOYMENT, HOURS OF WORK AND THE OPTIMAL DESIGN OF EARNED INCOME TAX CREDITS
Andrew Shephard, UCL / IFS Co-Author: Richard Blundell, UCL |
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ENVY, TAX EQUITY AND TAXATION
Tobias Koenig, University of Hannover Co-Author: Andreas Wagener, University of Hannover |
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OPTIMAL POLICY AND THE RISK PROPERTIES OF HUMAN CAPITAL RECONSIDERED
Dan Anderberg, Royal Holloway University of London |
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SOUND TAXATION? ON THE USE OF SELF-DECLARED VALUE
Lambert Schoonbeek, Department of Economics and Econometrics, University of Groningen Co-Authors: Marco, A Haan, University of Groningen, Pim Heijnen, University of Amsterdam and Linda, A. Toolsema, University of Groningen |
| 12:00 - 14:00 |
POLITICAL ECONOMY: ELECTIONS AND VOTING II (EEA)
Chairperson: Linda Veiga, Universidade do Minho |
Room |
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ARE WOMEN PAWNS IN THE POLITICAL GAME? EVIDENCE FROM ELECTIONS TO THE SPANISH SENATE
Berta Esteve-Volart, York University Co-Author: Manuel Bagues, Universidad Carlos III |
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CANDIDATE NOMINATION PROCEDURES AND POLITICAL SELECTION: EVIDENCE FROM LATIN AMERICAN PARTIES
Fernando Aragon, London School of Economics |
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ON THE COHERENCE OF COUNCIL VOTES
Klaas Staal, University of Bonn, IIW Co-Author: Marco Fantini, European Commission DG TAXUD |
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ELECTION RESULTS AND OPPORTUNISTIC POLICIES: AN INTEGRATED APPROACH
Linda Veiga, Universidade do Minho Co-Authors: Toke Aidt, University of Cambridge and Francisco Veiga, Universidade do Minho |
| 12:00 - 14:00 |
PORTFOLIO CHOICE, CONSUMPTION AND THE LIFE-CYCLE (EEA)
Chairperson: |
Room |
| 12:00 - 14:00 |
PRICE STICKINESS: EMPIRICAL STUDIES (EEA)
Chairperson: Alessandro Barattieri, Boston College |
Room |
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PRICE CONVERGENCE IN THE EMU?
EVIDENCE FROM MICRO DATA
Christoph Fischer, Deutsche Bundesbank |
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THE TIMING OF PRICE CHANGES AND THE ROLE OF UNOBSERVED HETEROGENEITY
Daniel Kaufmann, Swiss National Bank |
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EVALUATING
MICROFOUNDATIONS FOR AGGREGATE PRICE RIGIDITIES: EVIDENCE FROM MATCHED
FIRM-LEVEL DATA ON PRODUCT PRICES AND UNIT LABOR COST.
Mikael Carlsson, Sveriges Riksbank Co-Author: Oskar Nordström Skans, IFAU, Uppsala University and IZA. |
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SOME EVIDENCE ON THE IMPORTANCE OF STICKY WAGES
Alessandro Barattieri, Boston College Co-Authors: Susanto Basu, Boston College and NBER and Peter Gottschalk, Boston College and IZA |
| 12:00 - 14:00 |
TAXATION V (EEA)
Chairperson: Salmai Qari, WZB (Social Science Research Center Berlin) |
Room |
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OPTIMAL SECOND-BEST INCOME TAXATION WITH BORROWING CONSTRAINTS
Hongyan Yang, University of Konstanz Co-Author: Bas Jacobs, Erasmus University Rotterdam |
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REDUCING THE EXCESS BURDEN OF SUBSIDIZING THE STORK: JOINT TAXATION, INDIVIDUAL TAXATION, AND FAMILY TAX SPLITTING
Volker Meier, Ifo Institute for Economic Research Co-Author: Matthias Wrede, University of Marburg |
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AD VALOREM TAX DEDUCTIONS OF HOUSING EXPENSES MAY REDUCE HOUSE BUILDING
Jose Maria Usategui, Universidad del Pais Vasco |
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THE LAST REFUGE OF A SCOUNDREL? PATRIOTISM AND TAX COMPLIANCE
Salmai Qari, WZB (Social Science Research Center Berlin) |
| 12:00 - 14:00 |
CONTRIBUTED SESSIONS 8
ESEM: Theoretical and Applied Economics |
| 12:00 - 14:00 |
MECHANISMS II (ESEM TAE)
Chairperson: STEFANO GALAVOTTI, Department of Decision Mathematics, University of Florence, Italy |
Room |
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INCENTIVE COMPATIBLE TRANSFERS
Nenad Kos, Department of Economics, Bocconi University Co-Author: Matthias Messner, |
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INFORMED PRINCIPAL PROBLEMS IN GENERALIZED PRIVATE VALUES ENVIRONMENTS
Timofiy Mylovanov, University of Bonn |
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WORST-CASE MECHANISM DESIGN WITH UNDOMINATED STRATEGIES: INDIVIDUALLY RATIONAL OUTCOMES IN A STATUS-QUO MODEL
Takuro Yamashita, PhD candidate, Stanford University |
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ON EFFICIENT PARTNERSHIP DISSOLUTION UNDER EX POST INDIVIDUAL RATIONALITY
STEFANO GALAVOTTI, Department of Decision Mathematics, University of Florence, Italy Co-Authors: NOZOMU MUTO, Hitotsubashi University and Daisuke Oyama, Hitotsubashi University, Paris School of Economics |
| 12:00 - 14:00 |
ECONOMICS OF UNCERTAINTY II (ESEM TAE)
Chairperson: Thomas Gall, University of Bonn |
Room |
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SEQUENTIAL SEARCH WITH INCOMPLETELY INFORMED CONSUMERS
Paul Pichler, University of Vienna Co-Authors: Maarten Janssen, University of Vienna and Simon Weidenholzer, University of Vienna |
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THE ECONOMICS OF CREDENCE GOODS - EXPERIMENTAL EVIDENCE
Uwe Dulleck, QUT School of Economics and Finance Co-Authors: Rudolf Kerschbamer, University of Innsbruck and Matthias Sutter, University of Innsbruck |
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ENDOGENOUS ENTRY IN MARKETS WITH ADVERSE SELECTION
Thomas D. Jeitschko, Michigan State University Co-Author: Anthony Creane, Michigan State University |
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SORTING ACROSS MARKETS
Thomas Gall, University of Bonn |
| 12:00 - 14:00 |
MATCHING MARKETS (ESEM TAE)
Chairperson: Ozgur Yilmaz, Koc University |
Room |
|
BREAKING TIES IN SCHOOL CHOICE: (NON-)SPECIALIZED SCHOOLS
Alexander Westkamp, Institute of Economic Theory II, University of Bonn & Bonn Graduate School of Economics Co-Author: Lars Ehlers, Departement de Sciences Economiques and CIREQ, Universite de Montreal |
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MIXED PRIORITY MATCHING
Szilvia Papai, Concordia University |
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SCHOOL CHOICE: THE CASE FOR THE BOSTON MECHANISM
Antonio Miralles, Boston University |
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PAIRED KIDNEY DONATION AND LISTED EXCHANGE
Ozgur Yilmaz, Koc University |
| 12:00 - 14:00 |
POLITICAL ECONOMY III (ESEM TAE)
Chairperson: Paolo Vanin, University of Bologna |
Room |
|
DOWNSIAN MODEL WITH ASYMMETRIC INFORMATION: POSSIBILITY OF POLICY DIVERGENCE
Kazuya Kikuchi, Hitotsubashi University |
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|
NOT SO CHEAP TALK: A MODEL OF ADVICE WITH COMMUNICATION COSTS
John Smith, Rutgers University-Camden |
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COMPETING WITH EQUIVOCAL INFORMATION: THE IMPORTANCE OF WEAK CANDIDATES
Eduardo Perez, Stanford University |
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ON TRANSPARENCY AND CREDIBILITY OF GOVERNMENT ANNOUNCEMENTS
Paolo Vanin, University of Bologna Co-Authors: Facundo Albornoz, University of Birmingham and Joan Esteban, IAE, CSIC, Barcelona |
| 12:00 - 14:00 |
INTERNATIONAL FINANCE II (ESEM TAE)
Chairperson: Fabio Ghironi, Boston College |
Room |
|
FINANCIAL INTEGRATION, LIQUIDITY AND THE DEPTH OF SYSTEMIC CRISES
Fabio Castiglionesi, Tilburg University Co-Authors: Fabio Feriozzi, Tilburg University and Guido Lorenzoni, MIT |
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INTERNATIONAL CAPITAL FLOWS AND WORLD OUTPUT GAINS
Haiping Zhang, School of Economics, Singapore Management University Co-Author: Jürgen Von Hagen, University of Bonn |
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OIL SHOCKS & EXTERNAL BALANCES
Nikola Spatafora, IMF, Research Dept Co-Authors: Lutz Kilian, and Alessandro Rebucci, |
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THE DOMESTIC AND INTERNATIONAL EFFECTS OF INTERSTATE U.S. BANKING
Fabio Ghironi, Boston College Co-Author: Viktors Stebunovs, Board of Governors of the Federal Reserve System |
| 12:00 - 14:00 |
MACROECONOMICS AND HETEROGENOUS AGENTS II (ESEM TAE)
Chairperson: Edgar Preugschat, BI Norwegian School of Management |
Room |
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ON ENTREPRENEURIAL RISK-TAKING AND THE MACROECONOMIC EFFECTS OF FINANCIAL CONSTRAINTS
Maik Heinemann, University of Lueneburg Co-Author: Christiane Clemens, University of Hamburg |
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SOLVING DYNAMIC MODELS WITH HETEROGENEOUS AGENTS AND AGGREGATE UNCERTAINTY WITH DYNARE OR DYNARE++
Tarik Ocaktan, Paris School of Economics Co-Author: Wouter Den Haan, Amsterdam |
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TAX REFORM WITH ENDOGENOUS BORROWING LIMITS AND INCOMPLETE ASSET MARKETS
Eva Carceles, Stony Brook University Co-Author: Arpad Abraham, University of Rochester |
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UNIONIZATION PATTERNS AND FIRM REALLOCATION
Edgar Preugschat, BI Norwegian School of Management |
| 12:00 - 14:00 |
LABOR MARKETS III (ESEM TAE)
Chairperson: Claudia Vittori, University of Bristol, University of Rome |
Room |
|
REPEATED MORAL HAZARD WITH WORKER MOBILITY VIA DIRECTED ON-THE-JOB SEARCH
Kunio Tsuyuhara, University of Toronto, Department of Economics |
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THE INCREASE IN DURATION OF UNEMPLOYMENT BENEFITS: CONFRONTING DATA AND THE PREDICTIONS OF AN EQUILIBRIUM SEARCH MODEL
Andre Silva, Universidade Nova de Lisboa Co-Author: Álvaro Novo, Banco de Portugal |
||
|
FAMILY POLICIES: WHAT DOES THE STANDARD ENDOGENOUS FERTILITY MODEL TELL US?
Thomas Baudin, Paris School of Economics |
||
|
EXPLORING SHORROCKS MOBILITY INDICES USING EUROPEAN DATA
Claudia Vittori, University of Bristol, University of Rome Co-Author: Paul Gregg, |
| 12:00 - 14:00 |
ECONOMIC THEORY: EQUILIBRIUM (ESEM TAE)
Chairperson: Julio Dávila, CORE U. cath. de Louvain - Paris School of Economics |
Room |
|
NON-EXISTENCE OF EQUILIBRIA IN MARKETS WITH DYNAMICALLY
INCONSISTENT PREFERENCES
Tommaso Gabrieli, City University of London and Catholic University of Milan Co-Author: Sayantan Ghosal, University of Warwick |
||
|
P-STABLE EQUILIBRIUM: DEFINITION AND SOME PROPERTIES
Gabriel Desgranges, University of Cergy-Pontoise Co-Author: Sayantan Ghosal, University of Warwick |
||
|
AMBIGUITY AND RATIONAL EXPECTATIONS EQUILIBRIA
Jayant Vivek Ganguli, University of Cambridge Co-Author: Scott Condie, Brigham Young University |
||
|
THE TAXATION OF SAVING RETURNS IN OVERLAPPING GENERATIONS ECONOMIES
WITH STOCHASTIC ASSET BUBBLES
Julio Dávila, CORE U. cath. de Louvain - Paris School of Economics |
| 12:00 - 14:00 |
COMPETITION POLICY (ESEM TAE)
Chairperson: Chongwoo Choe, Monash University |
Room |
|
ARE ANTITRUST FINES FRIENDLY TO COMPETITION? AN ENDOGENOUS COALITION FORMATION APPROACH TO COLLUSIVE CARTELS
David Bartolini, Universitŕ Politecnica delle Marche Co-Author: Alberto Zazzaro, Universitŕ Politecnica delle Marche |
||
|
LENIENCY PROGRAMS FOR MULTIMARKET FIRMS: THE EFFECT OF AMNESTY PLUS ON CARTEL FORMATION
Yassine Lefouili, CORE, Université Catholique de Louvain Co-Author: Catherine Roux, University of Lausanne |
||
|
MAXIMAL CARTEL PRICING AND LENIENCY PROGRAMS
Harold Houba, VU University Amsterdam Co-Authors: Evgenia Motchenkova, VU University Amsterdam and Quan Wen, Vanderbilt University |
||
|
COMPULSORY OR VOLUNTARY PRE-MERGER NOTIFICATION? THEORY AND SOME EVIDENCE
Chongwoo Choe, Monash University Co-Author: Chander Shekhar, University of Melbourne |
| 12:00 - 14:00 |
CONTRIBUTED SESSIONS 8
ESEM: Econometrics and Empirical Economics |
| 12:00 - 14:00 |
CONTRIBUTED SESSIONS ECONOMETRICS 8 (ESEM EEE) INFLATION (ESEM EEE) Chairperson: Timo Terasvirta, Univ of Aarhus |
Room |
|
INFLATION RISK PREMIA IN THE US AND THE EURO AREA
Peter Hördahl, Bank for International Settlements Co-Author: Oreste Tristani, European Central Bank |
||
|
ON THE TRANSMISSION OF MEMORY: INFLATION PERSISTENCE AND THE GREAT MODERATION
Christian Conrad, University of Heidelberg Co-Authors: Simone Elmer, KOF Swiss Economic Institute, ETH Zurich and Karanasos Menelaos, Brunel University |
||
|
ESTIMATING THE CROSS-SECTIONAL DISTRIBUTION OF PRICE STICKINESS FROM AGGREGATE DATA
Carlos Carvalho, Federal Reserve Bank of New York Co-Author: Niels Dam, Danmarks Nationalbank |
||
|
FORECASTING INFLATION WITH GRADUAL REGIME SHIFTS AND EXOGENOUS INFORMATION
Timo Terasvirta, Univ of Aarhus Co-Authors: Andrés González, Banco de la Rebública and Kirstin Hubrich, European Central Bank |
| 12:00 - 14:00 |
IDENTIFICATION (ESEM EEE)
Chairperson: Lynda Khalaf, Carleton University |
Room |
|
NONPARAMETRIC INFERENCE IN NONSEPARABLE STRUCTURAL SYSTEMS
Christoph Rothe, University of Mannheim Co-Author: Melanie Schienle, Humboldt University Berlin |
||
|
SEMIPARAMETRIC ESTIMATORS FOR NONSEPARABLE MODELS
UNDER ENDOGENEITY
Koen Jochmans, CEMFI, Madrid and KULeuven |
||
|
SINGLE EQUATION ENDOGENOUS BINARY RESPONSE MODELS
Andrew Chesher, UCL |
||
|
IDENTIFICATION ROBUST INFERENCE IN STRUCTURAL
MULTIVARIATE FACTOR MODELS WITH RANK RESTRICTIONS
Lynda Khalaf, Carleton University Co-Authors: Marie-Claude Beaulieu, Université Laval and Jean-Marie Dufour, McGill University |
| 12:00 - 14:00 |
JOB AND OCCUPATIONAL MOBILITY (ESEM EEE)
Chairperson: Cheti Nicoletti, University of Essex |
Room |
|
THE EFFECT OF PRODUCT MARKET COMPETITION ON JOB INSTABILITY
Ainhoa Aparicio, Universitat Pompeu Fabra |
||
|
THE U-SHAPES OF OCCUPATIONAL MOBILITY
Fane Groes, University of Copenhagen Co-Authors: Philipp KIrcher, University of Pennsylvania and Iourii Manovskii, University of Pennsylvania |
||
|
THE POLARIZATION OF THE DANISH LABOR MARKET
Lena Janys, Ĺrhus University |
||
|
MULTIPLE SAMPLE SELECTION IN THE ESTIMATION OF INTERGENERATIONAL OCCUPATIONAL MOBILITY
Cheti Nicoletti, University of Essex |
| 12:00 - 14:00 |
LABOR SUPPLY (ESEM EEE)
Chairperson: Michael Lechner, University of St. Gallen (SEW) |
Room |
|
INCOME SUPPORT AGE ELIGIBILITY EFFECTS ON SINGLE MOTHERS' LABOUR SUPPLY IN THE UK
Zeenat Soobedar, Queen Mary University of London |
||
|
THE EFFECTS OF LOW-SKILLED IMMIGRATION ON THE LABOR SUPPLY OF SKILLED SPANISH FEMALES
Lídia Farre, University of Alicante Co-Authors: Libertad González, University Pompeu Fabra and Francesc Ortega, Universidad Pompeu Fabra |
||
|
UNEMPLOYMENT INSURANCE VERSUS MINIMUM INCOME - EFFECTS ON WORKING BEHAVIOR OVER THE LIFE-CYCLE
Peter Haan, DIW Berlin Co-Author: Victoria Prowse, Oxford UNiversity |
||
|
LONG-RUN LABOUR MARKET EFFECTS OF INDIVIDUAL SPORTS ACTIVITIES
Michael Lechner, University of St. Gallen (SEW) |
| 12:00 - 14:00 |
MONETARY POLICY (ESEM EEE)
Chairperson: Emanuela Cardia, Université de Montreal |
Room |
|
QUESTIONING THE TAYLOR RULE
Rodrigo Bueno, Getulio Vargas Foundation |
||
|
THE ADVANTAGE OF FLEXIBLE TARGETING RULES
Andrea Ferrero, Federal Reserve Bank of New York |
||
|
IMPERFECT COMMON KNOWLEDGE AND MONETARY POLICY: A LIKELIHOOD ANALYSIS
Leonardo Melosi, University of Pennsylvania |
||
|
DURABLE GOODS, INTER-SECTORAL LINKAGES AND MONETARY POLICY
Emanuela Cardia, Université de Montreal Co-Authors: Francisco Ruge-Murcia, university of montreal, Francisco Ruge-Murcia, university of montreal, Francisco Ruge-Murcia, university of montreal, Francisco Ruge-Murcia, professor, Francisco Ruge-Murcia, professor, Francisco Ruge-Murcia, professor and Hafedh Bouakez, HEC Montreal |
| 12:00 - 14:00 |
ECONOMETRICS OF GAMES AND CONTRACTS (ESEM EEE)
Chairperson: Philippe Gagnepain, Universidad Carlos III de Madrid |
Room |
|
NONPARAMETRIC TESTING FOR MULTIPLE EQUILIBRIA
Maximilian Kasy, Department of Economics, UC Berkeley |
||
|
A ROBUST SEMI-PARAMETRIC INFERENCE OF DYNAMIC DISCRETE GAMES
Zhengyuan Gao, University of Amsterdam, Tinbergen Institute Co-Author: Kees Jan van Garderen, Univ of Amsterdam, Tinbergen Institute |
||
|
THE COST OF CONTRACT RENEGOTIATION FOR PUBLIC TRANSPORT SERVICES
Philippe Gagnepain, Universidad Carlos III de Madrid Co-Authors: Marc Ivaldi, Toulouse School of Economics and David Martimort, Toulouse School of Economics (Idei, Gremaq and EHESS) |
| 12:00 - 14:00 |
BOOTSTRAP (ESEM EEE)
Chairperson: Silvia Goncalves, Universite de Montreal |
Room |
|
A REFINED BOOTSTRAP FOR HEAVY TAILED DISTRIBUTIONS
Adriana Cornea, GREQAM |
||
|
BOOTSTRAP METHODS FOR INFERENCE WITH CLUSTER-SAMPLE IV MODELS
Keith Finlay, Tulane University Co-Author: Leandro Magnusson, Tulane university |
||
|
CROSS-SECTIONAL DEPENDENCE ROBUST BLOCK BOOTSTRAP PANEL UNIT ROOT TESTS
Stephan Smeekes, Maastricht University Co-Authors: Franz Palm, Maastricht University and Jean-Pierre Urbain, Maastricht University |
||
|
THE MOVING BLOCKS BOOTSTRAP FOR PANEL LINEAR REGRESSION MODELS WITH
INDIVIDUAL FIXED EFFECTS
Silvia Goncalves, Universite de Montreal |
| 12:00 - 14:00 |
HIGH-FREQUENCY ECONOMETRICS AND MICROSTRUCTURE (ESEM EEE)
Chairperson: Nikolaus Hautsch, Humboldt-Universit¨at zu Berlin |
Room |
|
STOCHASTIC VOLATILITY OF VOLATILITY IN CONTINUOUS TIME
Almut E. D. Veraart, CREATES, Aarhus University Co-Author: Ole E. Barndorff-Nielsen, Aarhus University |
||
|
SEPARATING RISK DUE TO DI USION, POSITIVE JUMPS, AND NEGATIVE JUMPS
Klößner Stefan, Saarland University |
||
|
TRADING DYNAMICS IN THE FOREIGN EXCHANGE MARKET: A LATENT FACTOR PANEL INTENSITY APPROACH
Ingmar Nolte, Warwick Business School Co-Author: Valeri Voev, Aarhus University - CREATES |
||
|
MODELLING AND FORECASTING LIQUIDITY SUPPLY USING SEMIPARAMETRIC FACTOR DYNAMICS
Nikolaus Hautsch, Humboldt-Universit¨at zu Berlin Co-Authors: Wolfgang Haerdle, Humboldt-Universitaet zu Berlin, Wolfgang Härdle, Humboldt-Universität zu Berlin, Wolfgang Härdle, Humboldt-Universität zu Berlin, Wolfgang Härdle, Humboldt-Universität zu Berlin and Andrija Mihoci, |
| 12:00 - 14:00 |
DSGE MODELS (ESEM EEE)
Chairperson: Junior Maih, Norges Bank |
Room |
|
TREND AGNOSTIC ONE STEP ESTIMATION OF DESGE MODELS
Filippo Ferroni, Universitat Pomepu Fabra |
||
|
MATCHING THEORY AND DATA: BAYESIAN VECTOR AUTOREGRESSION AND DYNAMIC STOCHASTIC GENERAL EQUILIBRIUM MODELS
Alexander Kriwoluzky, European University Institute Florence |
||
|
ON THE FORECASTING PERFORMANCE OF A SMALL-SCALE DSGE MODEL
MIchał Rubaszek, Warsaw School of Economics Co-Author: Paweł Skrzypczyński, National Bank of Poland |
||
|
CONDITIONAL FORECASTS IN DSGE MODELS
Junior Maih, Norges Bank |
| 12:00 - 14:00 |
MICROECONOMETRICS (ESEM EEE)
Chairperson: Frank Windmeijer, Bristol |
Room |
|
CLUSTER SAMPLE INFERENCE USING SENSITIVITY ANALYSIS: THE CASE WITH FEW GROUPS
Johan Vikström, IFAU-Uppsala |
||
|
THE MOMENTUM E ECT IN COMPETITIONS: FIELD EVIDENCE FROM TENNIS MATCHES
Lionel Page, University of Westminster |
||
|
LIVING STANDARDS AND FERTILITY IN INDONESIA: A BAYESIAN ANALYSIS
Alessandra Mattei, University of Florence Co-Authors: Fabrizia Mealli, University of Florence and Stephen Pudney, University of Essex |
||
|
MORE RELIABLE INFERENCE FOR SEGREGATION INDICES
Frank Windmeijer, Bristol Co-Authors: Rebecca Allen, Institute of Education and Simon Burgess, CMPO, University of Bristol |
| 12:00 - 14:00 |
FINANCIAL ECONOMETRICS 2 (ESEM EEE)
Chairperson: Bent Nielsen, Oxford University |
Room |
|
BACKTESTING VALUE-AT-RISK: A GMM DURATION-BASED TEST
Christophe Hurlin, Université d''Orléans Co-Authors: Bertrand Candelon, Maastricht University, gilbert colletaz, Université d'Orléans and Sessi Tokpavi, Université d'Orléans |
||
|
JACKKNIFING STOCK RETURN PREDICTIONS
Erik Hjalmarsson, Federal Reserve Board Co-Author: Benjamin Chiquoine, Federal Reserve Board |
||
|
NO
COUNTRY FOR OLD UNIT ROOT TESTS: BRIDGE ESTIMATORS DIFFERENTIATE
BETWEEN NONSTATIONARY AND STATIONARY MODELS AND SELECT OPTIMAL LAG
Mehmet Caner, North Carolina State University Co-Author: KEITH KNIGHT, University of Toronto |
||
|
SINGULAR VECTOR AUTOREGRESSIONS WITH DETERMINISTIC TERMS: STRONG CONSISTENCY AND LAG ORDER DETERMINATION
Bent Nielsen, Oxford University |
| 15:30 - 17:30 |
CONTRIBUTED SESSIONS 9
EEA |
| 15:30 - 17:30 |
BANKING II (EEA)
Chairperson: Alexander Popov, European Central Bank |
Room |
|
CORPORATE CHOICE OF BANKS: DECISION FACTORS, PROCESS AND RESPONSIBILITY – FIRST EVIDENCE
Gunseli Tumer-Alkan, Vrije Universiteit Amsterdam Co-Authors: Steven Ongena, CentER - Tilburg University and CEPR and Bram Vermeer, Tilburg University |
||
|
DO WOMEN PAY MORE FOR CREDIT? EVIDENCE FROM ITALY
Paolo Emilio Mistrulli, Bank of Italy Co-Author: alberto alesina, harvard university |
||
|
FINANCIAL MARKETS, ECONOMICS OF SUPERSTARS, AND FIRM SIZE
Alexander Popov, European Central Bank |
| 15:30 - 17:30 |
BUSINESS CYCLES V (EEA)
Chairperson: Etsuro Shioji, Hitotsubashi University |
Room |
|
HAS THE EURO CHANGED THE BUSINESS CYCLE?
Zeno Enders, University of Bonn Co-Authors: Philip Jung, University of Mannheim and Gernot Müller, University of Bonn |
||
|
FINANCIAL INTEGRATION AND BUSINESS CYCLE SYNCHRONIZATION
Elias Papaioannou, Dartmouth College, Economics Department Co-Authors: Sebnem Kalemli-Ozcan, University of Houston and NBER and Jose-Luis Peydro, European Central Bank |
||
|
UNCERTAINTY SHOCKS AND FINANCIAL INTERMEDIATION
IN A DYNAMIC GENERAL EQUILIBRIUM MODEL:
A MARKOVIAN JUMP LINEAR QUADRATIC APPROACH
Etsuro Shioji, Hitotsubashi University |
| 15:30 - 17:30 |
DEVELOPMENT, THE HEALTH SECTOR AND DEMOGRAPHIC TRANSITION (EEA)
Chairperson: Raphael Franck, Bar Ilan University |
Room |
|
ACCESS TO HEALTH INFRASTRUCTURE AND CHILD HEALTH DEVELOPMENT: EVIDENCE FROM POST-APARTHEID SOUTH AFRICA
Shinsuke Tanaka, Boston University |
||
|
THE IMPACT OF PROVIDING PSYCHO-SOCIAL SUPPORT TO INDIGENT FAMILIES AND INCREASING THEIR ACCESS TO SOCIAL SERVICES:
EVALUATING CHILE SOLIDARIO
Rita Ginja, UCL Co-Authors: Pedro Carneiro, and Emanuela Galasso, World Bank |
||
|
THE INTERGENERATIONAL TRANSMISSION OF HEALTH IN DEVELOPING COUNTRIES
Sonia Bhalotra, University of Bristol Co-Author: Samantha Rawlings, University of Bristol |
||
|
DOES THE LEADER'S ETHNICITY MATTER? ETHNIC FAVORITISM, EDUCATION AND HEALTH IN SUB-SAHARAN AFRICA
Raphael Franck, Bar Ilan University Co-Author: Ilia Rainer, George Mason University |
| 15:30 - 17:30 |
ECONOMICS OF EDUCATION V (EEA)
Chairperson: Nicolai Kristensen, Danish Institute of Governmental Research |
Room |
|
NO CHILD LEFT BEHIND: UNIVERSAL CHILD CARE AND CHILDREN'S LONG-RUN OUTCOMES
Tarjei Havnes, ESOP/University of Oslo Co-Author: Magne Mogstad, Statistics Norway |
||
|
THE CENTURY OF EDUCATION
Fabrice Murtin, OECD Co-Author: Christian Morrisson, Universit´e Paris I |
||
|
SEPARATE BUT EQUAL?
SOCIAL INTERACTIONS AND SCHOOL ACHIEVEMENTS
Maria Ana Lugo, University of Oxford |
||
|
ESTIMATING COMPLEMENTARITY BETWEEN EDUCATION AND TRAINING
Nicolai Kristensen, Danish Institute of Governmental Research Co-Authors: Christian Belzil, CNRS and Jorgen Hansen, Concordia University |
| 15:30 - 17:30 |
EMPIRICAL FINANCE V (EEA)
Chairperson: Alexander Muravyev, IZA |
Room |
|
THE IMPACT OF EXTERNAL GOVERNANCE QUALITY ON THE ECONOMIC SUCCESS OF MICROFINANCE INSTITUTIONS: EMPIRICAL EVIDENCE
Oliver Mueller, University of Bochum Co-Author: Andre Uhde, University of Bochum |
||
|
LIMITS OF LIMITS OF ARBITRAGE: THEORY AND EVIDENCE
Johan Hombert, ENSAE-CREST Co-Author: David Thesmar, HEC, Paris |
||
|
INVESTOR PROTECTION AND SHARE PRICES: EVIDENCE FROM STATUTORY RULES GOVERNING VARIATIONS OF SHAREHOLDERS’ CLASS RIGHTS IN RUSSIA
Alexander Muravyev, IZA |
| 15:30 - 17:30 |
ENTREPRENEURSHIP (EEA)
Chairperson: Ari Hyytinen, University of Jyvaskyla |
Room |
|
COMPULSORY EDUCATION AND JACK-OF-ALL-TRADES ENTREPRENEURS
Robin Douhan, Research Institute of Industrial Economics (IFN) |
||
|
ENDOGENIZING THE SCOPE OF THE STIGMA OF FAILURE
Michal Kowalik, Mannheim Co-Authors: Kerstin Gerling, and Heiner Schumacher, Goethe-University Frankfurt |
||
|
INTELLECTUAL PROPERTY RIGHTS AND THE KNOWLEDGE SPILLOVER THEORY OF ENTREPRENEURSHIP
Mark Sanders, Utrecht University Co-Author: Zoltan Acs, george mason university |
||
|
ENTREPRENEURIAL OPTIMISM AND SURVIVAL
Ari Hyytinen, University of Jyvaskyla Co-Authors: Lahtonen Jukka, University of Jyvaskyla and Mika Pajarinen, The Research Institute of the Finnish Economy (ETLA) |
| 15:30 - 17:30 |
EXPERIMENTAL ECONOMICS V (EEA)
Chairperson: Dietmar Fehr, TU Berlin |
Room |
|
AN EXPERIMENT ON LEARNING IN A MULTIPLE GAMES ENVIRONMENT
Friederike Mengel, Maastricht University Co-Author: Veronika Grimm, University of Nuernberg |
||
|
TESTING WITH THE TESTERS
Romain Aeberhardt, Crest-Insee Co-Authors: denis fougere, , julien pouget, and Roland Rathelot, CREST-DARES |
||
|
COMMUNICATION AND GROUP FORMATION
Dietmar Fehr, TU Berlin |
| 15:30 - 17:30 |
FISCAL POLICY III (EEA)
Chairperson: Erik Fasten, Humboldt University Berlin |
Room |
|
FISCAL POLICIES, THE CURRENT ACCOUNT AND RICARDIAN EQUIVALENCE
Christiane Nickel, European Central Bank Co-Author: Isabel Vansteenkiste, European Central Bank |
||
|
FISCAL POLICY, FIRINGS AND LABOR FORCE PARTICIPATION OVER THE CYCLE
Philip Jung, University of Mannheim |
||
|
THE FISCAL-FINANCIAL TRANSMISSION CHANNEL: ASSET PRICING IN GERMANY
Erik Fasten, Humboldt University Berlin |
| 15:30 - 17:30 |
IMMIGRATION AND THE LABOR MARKET (EEA)
Chairperson: Herbert Bruecker, University of Bamberg and IAB |
Room |
|
HELLO AND GOODBYE?
DO IMMIGRANT PLANT INFLOWS INDUCE NATIVE OUTFLOWS?
Pĺl Schřne, Institute for social research Co-Author: Marianne Rřed, Institute for social research |
||
|
HOW DO MIGRANTS CHOOSE THEIR DESTINATION COUNTRY?
AN ANALYSIS OF INSTITUTIONAL DETERMINANTS
Silke Uebelmesser, CES, University of Munich Co-Authors: Wido Geis, Ifo Institute at the University of Munich and Martin Werding, Martin Werding [Martin.Werding@ruhr-uni-bochum.de] |
||
|
MIGRATION AND WAGE SETTING: REASSESSING THE LABOR MARKET EFFECTS OF MIGRATION
Herbert Bruecker, University of Bamberg and IAB Co-Author: Elke J. Jahn, Aarhus School of Business |
| 15:30 - 17:30 |
INCOME DISTRIBUTION II (EEA)
Chairperson: Federico De Francesco, University of California, Los Angeles (UCLA) |
Room |
|
DIFFERENT SOCIETAL BELIEFS AND REDISTRIBUTIVE POLICIES: THE
TRADE-OFF EFFECT OF INFORMATION
Tommaso Gabrieli, City University of London and Catholic University of Milan |
||
|
ABILITY SORTING, BIASED TECHNOLOGY AND WITHIN GROUPS WAGE INEQUALITY
Giuseppe Rose, Birkbeck College, University of London Co-Author: Patrizia Ordine, University of Calabria |
||
|
INEQUALITY DECOMPOSITIONS -- A RECONCILIATION
Frank Cowell, STICERD, LSE, Co-Author: Carlo Fiorio, University of Milan |
||
|
WAGE INEQUALITY AND BARRIERS TO ENTRY
Federico De Francesco, University of California, Los Angeles (UCLA) |
| 15:30 - 17:30 |
INDUSTRIAL ORGANIZATION: INNOVATION III (EEA)
Chairperson: Roger Svensson, Research Institute of Industrial Economics |
Room |
|
DETERMINANTS OF ICT ADOPTION: EVIDENCE FROM FIRM-LEVEL DATA
Lulia Siedschlag, Economic and Social Research Institute Co-Author: Stefanie Haller, Economic and Social Research Institute |
||
|
INEFFICIENT EXCLUSION IN STANDARD SETTING ORGANIZATIONS
Emanuele Tarantino, European University Institute |
||
|
CREATIVE DESTRUCTION AND PRODUCTIVE PREEMPTION:
INNOVATION FOR SALE AND ENTRY
Roger Svensson, Research Institute of Industrial Economics Co-Authors: Pehr-Johan Norbäck, Research Institute of Industrial Economics (IFN) and Lars Persson, Research Institute of Industrial Economics and CEPR |
| 15:30 - 17:30 |
INDUSTRIAL ORGANIZATION: TELECOMMUNICATIONS INDUSTRY (EEA)
Chairperson: Gordon Klein, Centre for European Economic Research (ZEW) |
Room |
|
"NETWORK NEUTRALITY AND NON-DISCRIMINATION ISSUES: AN ECONOMIC ANALYSIS"
Carlo Reggiani, University of York |
||
|
DO INTERNATIONAL ROAMING ALLIANCES HARM CONSUMERS?
Benno Buehler, Toulouse School of Economics / LMU Munich |
||
|
REGULATION EFFECTS ON INVESTMENT DECISIONS IN TWO-SIDED MARKET INDUSTRIES: THE NET NEUTRALITY DEBATE
Carlos Canon, Toulouse School of Economics |
||
|
HOW MARKET REGULATION AFFECTS NETWORK AND SERVICE QUALITY IN RELATED MARKETS
Gordon Klein, Centre for European Economic Research (ZEW) Co-Author: Justus Haucap, University of Erlangen-Nuremberg, |
| 15:30 - 17:30 |
INFORMATION AND LEARNING (EEA)
Chairperson: Alan Kirman, Université d''Aix Marseille lll |
Room |
|
ASSESSING OTHERS' RATIONALITY IN REAL TIME
Gaetano Gaballo, University of Siena |
||
|
WHOM TO OBSERVE?
Martin Břg, Erasmus School of Economics |
||
|
BORN UNDER A LUCKY STAR?
Alan Kirman, Université d''Aix Marseille lll Co-Authors: Nobuyuki Hanaki, Tsukuba University and Matteo Marsili, Abdus Salam International Centre for Theoretical Physics |
| 15:30 - 17:30 |
INTERNATIONAL TRADE AND FIRM HETEROGENEITY II (EEA)
Chairperson: Gino Gancia, |
Room |
|
REDISTRIBUTING GAINS FROM GLOBALISATION
Hartmut Egger, University of Bayreuth Co-Author: Udo Kreickemeier, University of Nottingham |
||
|
TRADE, FIRM SELECTION, AND INNOVATION: THE COMPETITION CHANNEL
Giammario Impullitti, IMT Lucca Co-Author: Omar Licandro, EUI- European University Institute |
||
|
TRADING IN EUROS: ESTIMATES OF THE INTENSIVE AND EXTENSIVE MARGINS
Virginia Di Nino, Bank of Italy |
||
|
TRADE, MARKUP HETEROGENEITY AND MISALLOCATIONS
Gino Gancia, Co-Author: Paolo Epifani, Bocconi University |
| 15:30 - 17:30 |
INTERNATIONAL TRADE: EMPIRICAL STUDIES V (EEA)
Chairperson: Anne-Celia Disdier, INRA |
Room |
|
SPATIAL PRICE DISCRIMINATION IN INTERNATIONAL MARKETS: FROM MODELS TO DATA
Julien Martin, CREST and Paris School of Economics |
||
|
THE FREE-RIDING EFFECT OF THE MFN CLAUSE: EVIDENCE ACROSS COMMODITIES AND COUNTRIES
Anna Maria Mayda, Georgetown Co-Author: Rod Ludema, Georgetown University |
||
|
TRADE MISINVOICING: THE DARK SIDE OF WORLD TRADE
Stefan Eichler, Technische Universitaet Dresden Co-Author: Andreas Buehn, Technische Universitaet Dresden |
||
|
VERTICAL VERSUS HORIZONTAL TRANSMISSION OF PREFERENCES: THE CASE OF CROSS-COUNTRY DIFFERENCES IN FOOD CONSUMPTION
Anne-Celia Disdier, INRA |
| 15:30 - 17:30 |
LABOR MARKETS AND MACROECONOMIC DYNAMICS II (EEA)
Chairperson: Nan Li, Ohio State University |
Room |
|
DECOMPOSING THE INS AND OUTS OF UNEMPLOYMENT
Ronald Bachmann, RWI Essen Co-Author: Mathias Sinning, Australian National University, IZA |
||
|
EMPLOYMENT DIFFERENCES IN THE OECD: INSTITUTIONS OR FISCAL POLICIES?
Freddy Heylen, sherppa, Ghent University Co-Author: Tino Berger, Institut für Internationale Ökonomie, Universität Münster |
||
|
THE CYCLICALITY OF EFFECTIVE WAGES WITHIN EMPLOYER-EMPLOYEE MATCHES IN A RIGID LABOR MARKET
Silke Anger, DIW Berlin |
||
|
LABOR MARKET SEARCH IN EMERGING ECONOMIES
Nan Li, Ohio State University Co-Authors: Emine Boz, International Monetary Fund and Bora Durdu, Federal Reserve Board |
| 15:30 - 17:30 |
LABOR MARKETS: EFFECTS OF INSURANCE (EEA)
Chairperson: Katja Sonderhof, Leibniz University Hannover |
Room |
|
ESTIMATING INCENTIVE AND WELFARE EFFECTS OF NON-STATIONARY UNEMPLOYMENT BENEFITS
Andrey Launov, University of Wuerzburg Co-Authors: Irene Schumm, University of Wuerzburg and Klaus Waelde, University of Glasgow |
||
|
OPTIMAL UNEMPLOYMENT BENEFITS FINANCING SCHEME, SEARCH FRICTIONS AND REAL WAGE RIGIDITIES
Julien Albertini, EPEE, University of Evry Co-Author: Xavier Fairise, EPEE, University of Evry |
||
|
SWITCH-ON AND SWITCH-OFF EFFECTS OF SICK PAY REFORM ON ABSENCE FROM WORK AND ON HEALTH-RELATED OUTCOMES
Katja Sonderhof, Leibniz University Hannover Co-Author: Patrick Puhani, Leibniz University Hannover |
| 15:30 - 17:30 |
LAW AND ECONOMICS (EEA)
Chairperson: Giovanni Immordino, University of Salerno and CSEF |
Room |
|
"THE EFFECT OF LAWYERS' CAREER CONCERNS ON LITIGATION"
Rosa Ferrer, Vanderbilt University |
||
|
DEMOCRACY, JUDICIAL ATTITUDES AND HETEROGENEITY: THE CIVIL VERSUS COMMON LAW TRADITION.
Carmine Guerriero, University of Cambridge |
||
|
ETHNICITY, SENTENCING AND 9/11
Brendon McConnell, University College London |
||
|
INCENTIVES TO INNOVATE AND SOCIAL HARM: AUTHORIZATION VS. PENALTIES
Giovanni Immordino, University of Salerno and CSEF |
| 15:30 - 17:30 |
MIGRATION V (EEA)
Chairperson: Albrecht Glitz, Universitat Pompeu Fabra |
Room |
|
INTERETHNIC MARRIAGE AND THE LABOR MARKET INTEGRATION OF IMMIGRANTS
Zahide Eylem Gevrek, University of Arizona |
||
|
SOCIAL INTERACTIONS AND TRADE OUTCOMES
Silvio Hong Tiing Tai, University of Geneva |
||
|
DISCRIMINATION AGAINST IMMIGRANTS IN THE SPANISH RENTAL MARKET. EVIDENCE FROM FIELD EXPERIMENTS
M. Angeles Carnero, Universidad de Alicante Co-Authors: Mariano Bosch, Universidad de Alicante and Lídia Farre, University of Alicante |
||
|
ETHNIC SEGREGATION IN THE WORKPLACE
Albrecht Glitz, Universitat Pompeu Fabra Co-Authors: Christian Dustmann, University College London and Uta Schönberg, University College London |
| 15:30 - 17:30 |
MONETARY POLICY V (EEA)
Chairperson: Ester Faia, Goethe University Frankfurt |
Room |
|
OPTIMAL INFLATION, IMPERFECT COMPETITION AND LABOR TAXES
Maarten Dossche, National Bank of Belgium |
||
|
OPTIMAL MONETARY POLICY AND FIRM ENTRY
Vivien Lewis, Ghent University |
||
|
MODELING MONETARY POLICY
Andreas Schabert, University Dortmund Co-Author: Samuel Reynard, Swiss Natoinal Bank |
||
|
LABOR TURNOVER COSTS, WORKERS’ HETEROGENEITY AND
OPTIMAL MONETARY POLICY
Ester Faia, Goethe University Frankfurt Co-Authors: Wolfgang Lechthaler, Kiel Institute for the World Economy and Christian Merkl, Institute for the World Economy Kiel and CAU |
| 15:30 - 17:30 |
NETWORK INDUSTRIES (EEA)
Chairperson: Steffen Hoernig, Universidade Nova de Lisboa |
Room |
|
THE COSTS AND BENEFITS OF INTERCHANGE FEE REGULATION: AN EMPIRICAL INVESTIGATION
Francisco Rodriguez-Fernandez, University of Granada Co-Authors: Santiago Carbo-Valverde, University of Granada and Federal Reserve Bank of Chicago and Sujit Chakravorti, Federal Reserve Bank of Chicago |
||
|
REGULATORY FEDERALISM IN NETWORK INDUSTRIES
Francesc Trillas, UAB |
||
|
CAN TWO-PART TARIFFS PROMOTE EFFICIENT INVESTMENT ON NEXT GENERATION NETWORKS?
Joăo Vareda, Autoridade da Concorręncia Co-Authors: Duarte Brito, DCSA, Faculdade de Cięncias e Tecnologia da Universidade Nova de Lisboa and Pedro Pereira, Autoridade da Concorręncia |
||
|
COMPETITION BETWEEN MULTIPLE ASYMMETRIC NETWORKS: A TOOLKIT AND APPLICATIONS
Steffen Hoernig, Universidade Nova de Lisboa |
| 15:30 - 17:30 |
PATENTS AND INNOVATION (EEA)
Chairperson: Robert Christian Schmidt, Humboldt University Berlin |
Room |
|
ASSESSING R&D EFFICIENCY IN THE OECD
A TWO STAGE SEMI-PARAMETRIC APPROACH
Jens Schmidt-Ehmcke, German Institute for Economic Research Co-Authors: Astrid Cullmann, DIW Berlin and Petra Zloczysti, Freie Universität Berlin |
||
|
LICENSING UNCERTAIN PATENTS: PER-UNIT ROYALTY VS UP-FRONT FEE
Yassine Lefouili, CORE, Université Catholique de Louvain Co-Author: David Encaoua, Paris School of Economics, Université Paris-1 Panthéon Sorbonne |
||
|
PATENTS, SPILLOVERS AND FIRM PERFORMANCE - EVIDENCE FROM UK START-UPS
Christian Helmers, University of Oxford |
||
|
A MODEL OF TECHNOLOGICAL BREAKTHROUGH IN THE RENEWABLE ENERGY SECTOR
Robert Christian Schmidt, Humboldt University Berlin Co-Author: Robert Marschinski, Potsdam Institute for Climate Impact Research |
| 15:30 - 17:30 |
PERSONNEL ECONOMICS (EEA)
Chairperson: Raymond Montizaan, Maastricht University |
Room |
|
INDIVIDUAL VS. RELATIVE PERFORMANCE PAY WITH ENVIOUS WORKERS AND NON-VERIFIABLE PERFORMANCE
Jenny Kragl, European Business School Oestrich-Winkel |
||
|
TENURE, SPILL-OVER EFFECTS, AND OUTPUT
Jan Sauermann, Maastricht University Co-Authors: Andries De grip, Maastricht University and Inge Sieben, Department of Sociology, Tilburg University |
||
|
MANAGEMENT OF KNOWLEDGE WORKERS
Eirik Kristiansen, Co-Author: Hans Hvide, University of Aberdeen |
||
|
DEMOTIVATING WORKERS: RETRENCHMENT OF PENSION RIGHTS AND NEGATIVE RECIPROCITY
Raymond Montizaan, Maastricht University Co-Authors: Frank Corvers, ROA / Maastricht University, Andries De grip, Maastricht University and Thomas Dohmen, ROA/Maastricht University |
| 15:30 - 17:30 |
POLITICAL ECONOMY: ELECTIONS AND VOTING III (EEA)
Chairperson: Christian Schultz, University of Copenhagen |
Room |
|
PAY FOR POLITICIANS AND CANDIDATE SELECTION: AN EMPIRICAL ANALYSIS
Kaisa Kotakorpi, University of Tampere Co-Author: Panu Poutvaara, University of Helsinki |
||
|
PRIMARIES: THE UNIFYING FORCE
Hannes Mueller, IAE/CSIC Co-Author: Rafael Hortala-Vallve, |
||
|
TAX CONTRACTS AND GOVERNMENT FORMATION
Maik Schneider, CER-ETH - Center of Economic Research at ETH Zurich Co-Author: Hans Gersbach, ETH Zurich |
||
|
PUBLIC FUNDING OF POLITICAL PARTIES WITH INFORMATIVE CAMPAIGNS
Christian Schultz, University of Copenhagen Co-Author: Ignacio Ortuno-Ortin, Universidad Carlos III |
| 15:30 - 17:30 |
PRICE STICKINESS: THEORY (EEA)
Chairperson: Hervé Le Bihan, Banque de France |
Room |
|
INCOMPLETE INFORMATION, HIGHER-ORDER BELIEFS AND PRICE INERTIA
Jennifer La'O, MIT |
||
|
THE WELFARE LOSSES OF PRICE RIGIDITIES
Jose Dorich, Bank of Canada |
||
|
THE ROLE OF SECOND MENU COSTS - TWO-PRODUCT FIRMS AND THE REAL EFFECTS OF NOMINAL SHOCKS
Adam Reiff, National Bank of Hungary Co-Author: Péter Karádi, NYU |
||
|
TIME-VARYING (S,S) BAND MODELS OF PRICE-SETTING: EMPIRICAL PROPERTIES AND INTERPRETATION
Hervé Le Bihan, Banque de France Co-Author: Erwan Gautier, Banque de France |
| 15:30 - 17:30 |
SEARCH, MATCHING AND SORTING (EEA)
Chairperson: Thomas Gall, University of Bonn |
Room |
|
DIRECTED SEARCH WITH ENDOGENOUS CAPACITY
Mats Godenhielm, University of Helsinki Co-Author: Klaus Kultti, |
||
|
IDENTIFYING SORTING - IN THEORY
Philipp KIrcher, University of Pennsylvania Co-Author: Jan Eeckhout, Universitat Pompeu Fabra |
||
|
DO EQUAL TREATMENT POLICIES REDUCE LABOR MARKET INEQUALITY? - POLICY IMPLICATIONS IN A DIRECTED SEARCH MODEL
Jun Lu, University Konstanz |
||
|
MISMATCH, REMATCH, AND INVESTMENTS
Thomas Gall, University of Bonn Co-Authors: Patrick Legros, ECARES, ULB and Andrew Newman, Boston University |
| 15:30 - 17:30 |
CONTRIBUTED SESSIONS 9
ESEM: Theoretical and Applied Economics |
| 15:30 - 17:30 |
CONTRACT THEORY IV (ESEM TAE)
Chairperson: Yves Schneider, Swiss National Bank |
Room |
|
RESOLVING CONTRACTUAL DISPUTES
Surajeet Chakravarty, University of Exeter Co-Author: Miltos Makris, University of Leicester |
||
|
DELEGATION AND NONMONETARY INCENTIVES
Georgy Egorov, Harvard University Co-Author: Attila Ambrus, Harvard University, Department of Economics |
||
|
COLLUSION AND STRATEGIC FAVORITISM IN ORGANIZATIONS
Zhijun Chen, University of East Anglia |
||
|
PRESELECTION AND EXPERT ADVICE
Elisabeth Schulte, Mannheim University Co-Author: Mike Felgenhauer, Mannheim University |
| 15:30 - 17:30 |
REGRET AND AMBIGUITY (ESEM TAE)
Chairperson: Andriy Zapechelnyuk, University of Bonn |
Room |
|
ROBUST FIRM PRICING WITH NON-PARAMETRIC DISCRETE-CHOICE MODELS
Misra Kanishka, Northwestern Universirty |
||
|
ARE THE TREASURES OF GAME THEORY AMBIGUOUS?
David Kelsey, University of Exeter Co-Author: Jurgen Eichberger, Universitat Heidelberg |
||
|
DECISION MAKING IN UNCERTAIN AND CHANGING ENVIRONMENTS
Andriy Zapechelnyuk, University of Bonn Co-Author: Karl Schlag, |
| 15:30 - 17:30 |
NETWORKS II (ESEM TAE)
Chairperson: Berno Buechel, IMW, Bielefeld University |
Room |
|
MECHANISM DESIGN AND COMMUNICATION NETWORKS
Tristan Tomala, HEC Co-Author: Ludovic Renou, University of Leicester |
||
|
RISK AVERSION AND NETWORKS: MICROFOUNDATIONS FOR NETWORK FORMATION
Jaromir Kovarik, University of Basque Country Co-Author: Marco van der Leij, University of Alicante |
||
|
OPTIMAL EQUILIBRIA OF THE BEST SHOT GAME
Paolo Pin, Dipartimento di Economia Politica - Universitŕ degli Studi di Siena Co-Authors: Dall'Asta Luca, and Abolfazl Ramezanpour, |
||
|
UNDER-CONNECTED AND OVER-CONNECTED NETWORKS: EXTERNALITIES IN STRATEGIC LINK FORMATION
Berno Buechel, IMW, Bielefeld University Co-Author: Tim Hellmann, IMW, Bielefeld University |
| 15:30 - 17:30 |
OLIGOPOLY THEORY (ESEM TAE)
Chairperson: Neelam Jain, Northern Illinois University |
Room |
|
OF THE NATURE OF COURNOT COMPETITION
Alex Dickson, University of Strathclyde Co-Author: Roger Hartley, University of Manchester |
||
|
BERTRAND'S PRICE COMPETITION IN MARKETS WITH FIXED COSTS
Alejandro Saporiti, University of Manchester |
||
|
PRICE COMPETITION WITH POPULATION UNCERTAINTY
Klaus Ritzberger, Institute for Advanced Studies, Vienna |
||
|
ENTRY-DETERRENCE AND LEARNING UNDER DEMAND UNCERTAINTY
Neelam Jain, Northern Illinois University |
| 15:30 - 17:30 |
BUSINESS CYCLES V (ESEM TAE)
Chairperson: Calin Arcalean, ESADE Busines School |
Room |
|
FISCAL POLICY RESPONSIVENESS, PERSISTENCE AND DISCRETION
Luca Agnello, University of Palermo Co-Authors: Antonio Afonso, ECB and ISEG/UTL and Davide Furceri, |
||
|
HOUSEHOLD PRODUCTION, SERVICES AND MONETARY POLICY
Constant Aimé Lonkeng Ngouana, CIREQ, Université de Montréal |
||
|
STABILIZING FISCAL POLICIES WITH CAPITAL MARKET
IMPERFECTIONS
Nicolas Dromel, Paris School of Economics - CNRS |
||
|
DYNAMIC FISCAL COMPETITION AND ECONOMIC INTEGRATION
Calin Arcalean, ESADE Busines School |
| 15:30 - 17:30 |
EDUCATION (ESEM TAE)
Chairperson: Martin Gonzalez-Eiras, Universidad de San Andres |
Room |
|
DOES THE POSSIBILITY OF OPTING OUT OF PUBLIC EDUCATION FAVOR EXPENDITURE ON BASIC EDUCATION?
Gabriel Romero, Universiad de Santiago de Chile |
||
|
MACROECONOMIC EFFECTS OF HIGHER EDUCATION FUNDING POLICIES
Ioana Schiopu, Institute for Economic Analysis (IAE-CSIC) |
||
|
A GENERAL EQUILIBRIUM THEORY OF COLLEGE WITH
EDUCATION SUBSIDIES, IN-SCHOOL LABOR SUPPLY,
AND BORROWING CONSTRAINTS
Carlos Garriga, Federal Reserve Bank of St. Louis |
||
|
POPULATION AGEING AND THE INCREASE IN STATE FINANCING OF EDUCATION
Martin Gonzalez-Eiras, Universidad de San Andres Co-Author: Dirk Niepelt, Study Center Gerzensee |
| 15:30 - 17:30 |
INDIVIDUAL AND SOCIAL PREFERENCES (ESEM TAE)
Chairperson: Geir B. Asheim, University of Oslo |
Room |
|
A REPRESENTATIVE INDIVIDUAL FROM ARROVIAN AGGREGATION OF PARAMETRIC INDIVIDUAL UTILITIES
Frederik Herzberg, Bielefeld University |
||
|
DISCOUNTING AND DIVERGENCE OF OPINION
Elyčs Jouini, Université Paris-Dauphine Co-Author: Clotilde Napp, CNRS and Université Paris-Dauphine |
||
|
GENERALIZED TIME-INVARIANT OVERTAKING
Geir B. Asheim, University of Oslo Co-Authors: Kuntal Banerjee, Florida Atlantic University and Claude d’Aspremont, CORE, Universite catholique de Louvain |
| 15:30 - 17:30 |
R&D INNOVATION (ESEM TAE)
Chairperson: Wei Ding, Bonn Graduate School of Economics |
Room |
|
ENDOGENOUS IPR AND ECONOMIC GROWTH
Andreas Schaefer, University of Leipzig Co-Author: Maik Schneider, CER-ETH - Center of Economic Research at ETH Zurich |
||
|
GOVERNMENT SUBSIDIES FOR NEW PRODUCT R&D IN LIQUIDITY CONSTRAINED FIRMS
Jianjun Wu, Northwetern University and University of Arizona Co-Author: David Besanko, Northwestern University |
||
|
INNOVATION POLICY REFORM
Tuomas Takalo, Bank of Finland and University of Jyvaskyla Co-Authors: Tanja Tanayama, HECER, Etla and Otto Toivanen, University of Helsinki |
||
|
PRIZES AND LEMONS: PROCUREMENT OF INNOVATION UNDER IMPERFECT COMMITMENT
Wei Ding, Bonn Graduate School of Economics Co-Author: Elmar Wolfstetter, Humboldt-University at Berlin |
| 15:30 - 17:30 |
TRADE AND MACROECONOMICS (ESEM TAE)
Chairperson: Marc Teignier Baque, The University of Chicago |
Room |
|
TRADE OPENNESS, EDUCATION AND GROWTH
Keshab Bhattarai, University of Hull Co-Author: Parantap Basu, University of Durham |
||
|
THE ROLE OF EXPORTING AND TRADE FOR ENTRY OVER THE BUSINESS CYCLE
George Alessandria, Federal Reserve Bank of Philadelphia Co-Author: Horag Choi, University of Auckland |
||
|
THE ROLE OF TRADE IN STRUCTURAL TRANSFORMATION
Marc Teignier Baque, The University of Chicago |
| 15:30 - 17:30 |
CONTRIBUTED SESSIONS 9
ESEM: Econometrics and Empirical Economics |
| 15:30 - 17:30 |
CONTRIBUTED SESSIONS ECONOMETRICS 9 (ESEM EEE) HEALTH 2 (ESEM EEE) Chairperson: Melvyn Weeks, University of Cambridge |
Room |
|
"HEALTH SHOCK, HOUSEHOLD CONSUMPTION, AND CHILD NUTRITION"
Galiano Aida, Economic Strategies and Initiatives S.L. and ADETRE, University of Zaragoza Co-Author: Marcos Vera-Hernadez, UNIVERSITY COLLEGE OF LONDON AND IFS |
||
|
DYNAMIC ESTIMATION OF HEALTH EXPENDITURE: A NEW APPROACH FOR SIMULATING INDIVIDUAL EXPENDITURE
laurent davezies, Co-Authors: valerie albouy, and thierry debrand, IRDES |
||
|
A STOCHASTIC FRONTIER MODEL FOR DISCRETE ORDINAL OUTCOMES: A HEALTH PRODUCTION FUNCTION
Xueyan Zhao, Monash University Co-Authors: William Griffiths, University of Melbourne and Xiaohui Zhang, Monash University |
||
|
SOCIAL INTERACTIONS, ETHNICITY AND FERTILITY IN KENYA
Melvyn Weeks, University of Cambridge Co-Author: Sriya Iyer, Faculty of Economics |
| 15:30 - 17:30 |
INSTRUMENTAL VARIABLES (ESEM EEE)
Chairperson: Jan Johannes, University Heidelberg |
Room |
|
PARSIMONIOUS ESTIMATION WITH MANY INSTRUMENTS
Jan J. J. Groen, Federal Reserve Bank of New York Co-Author: george kapetanios, |
||
|
INFERENCE ON A GENERALIZED ROY MODEL WITH EXCLUSION RESTRICTIONS
Xavier d''Haultfoeuille, CREST-INSEE Co-Author: Arnaud Maurel, CREST, ENSAE, PSE and IZA |
||
|
A NATURAL EXPERIMENT ON SICK PAY CUTS, SICKNESS ABSENCE, AND LABOR COSTS
Nicolas Ziebarth, German Institute for Economic Research (DIW Berlin) Co-Author: Martin Karlsson, Technische Universitaet Darmstadt |
||
|
ON RATE OPTIMAL LOCAL ESTIMATION IN NONPARAMETRIC INSTRUMENTAL REGRESSION.
Jan Johannes, University Heidelberg Co-Author: Christoph Breunig, University Heidelberg |
| 15:30 - 17:30 |
UNEMPLOYMENT (ESEM EEE)
Chairperson: Rafael Lalive, University of Lausanne |
Room |
|
SOCIAL NORMS AND INDIVIDUAL UNEMPLOYMENT - A CROSS-NATIONAL ANALYSIS
Bernhard Boockmann, Institute for Applied Economic Research (IAW), TĂźbingen Co-Author: Hans Verbeek, Institute for Applied Economic Research (IAW) |
||
|
DO UNEMPLOYED WORKERS BENEFIT FROM ENTERPRISE ZONES? THE FRENCH EXPERIENCE
Laurent Gobillon, INED Co-Authors: Thierry Magnac, Toulouse School of Economics and Harris Selod, World Bank |
||
|
MARGINAL EMPLOYMENT, UNEMPLOYMENT DURATION AND EMPLOYMENT STABILITY: EVIDENCE FROM A MULTIVARIATE DURATION MODEL
Steffen Künn, IZA - Institute for the Study of Labor Co-Authors: Marco Caliendo, IZA and Arne Uhlendorff, IZA |
||
|
DOES CULTURE AFFECT UNEMPLOYMENT? EVIDENCE FROM THE BARRIČRE DES ROESTIS
Rafael Lalive, University of Lausanne Co-Authors: Beatrix Brügger, University of Lausanne and Josef Zweimüller, University of Zurich |
| 15:30 - 17:30 |
RETURNS TO EDUCATION (ESEM EEE)
Chairperson: Monica Costa Dias, University of Porto and Institute for Fiscal Studies |
Room |
|
ARE WE WASTING OUR CHILDREN'S TIME BY GIVING THEM MORE HOMEWORK?
Ozkan Eren, University of Nevada, Las Vegas Co-Author: Daniel J. Henderson, State University of New York at Binghamton and IZA Bonn |
||
|
RETURN TO EDUCATION AND EDUCATION-OCCUPATION MATCHING WITHIN A TRANSITION ECONOMY.
Natalia Kyui, CES, University Paris-1 Pantheon Sorbonne |
||
|
UNIVERSITY CHOICE AND SUBSEQUENT EARNINGS IN FINLAND: ESTIMATES FOR GROUPS OF MAJORS
Tuomo Suhonen, University of Jyvaskyla |
||
|
THE EFFECTS OF HUMAN CAPITAL POLICIES OVER THE LIFE-CYCLE
Monica Costa Dias, University of Porto and Institute for Fiscal Studies Co-Author: Costas Meghir, UCL |
| 15:30 - 17:30 |
INEQUALITY AND EMERGING ECONOMIES (ESEM EEE)
Chairperson: Thanasis Stengos, University of Guelph |
Room |
|
URBAN-RURAL CONSUMPTION INEQUALITY IN CHINA FROM 1988 TO 2002: EVIDENCE FROM QUANTILE REGRESSION DECOMPOSITION
Zhong Zhao, Renmin University of China Co-Author: Zhaopeng Qu, |
||
|
THE RUSSIAN REGIONAL CONVERGENCE PROCESS: WHERE DOES IT GO?
Konstantin Kholodilin, DIW Berlin Co-Authors: Alexei Oschepkov, Higher School of Economics, Moscow and Boriss Siliverstovs, KOF ETH, Zürich |
||
|
MODELLING CHANGE IN FINANCIAL MARKET INTEGRATION: EASTERN EUROPE
Nektarios Aslanidis, University Rovira Virgili Co-Author: Christos Savva, Cyprus University of Technology |
||
|
ON THE OPTIMAL CONSTRUCTION OF THE HUMAN DEVELPOMENT INDEX
Thanasis Stengos, University of Guelph Co-Authors: Topaloglou Nikolas, Athens University of Business and Economics and Mehmet Pinar, University of Guelph |
| 15:30 - 17:30 |
CORPORATE FINANCE (ESEM EEE)
Chairperson: Beatriz Mariano, University Carlos III of Madrid |
Room |
|
FINANCIAL LEVERAGE AND CORPORATE TAXATION - EVIDENCE FROM GERMAN CORPORATE TAX RETURN DATA
Nadja Dwenger, DIW Berlin Co-Author: Viktor Steiner, DIW Berlin |
||
|
THE IMPACT OF INITIAL FINANCIAL STATE ON FIRM DURATION ACROSS ENTRY COHORTS
Kim Huynh, Indiana University Co-Authors: Robert Petrunia, Lakehead University and Marcel Voia, Carleton University |
||
|
FIRM DEFAULT AND AGGREGATE FLUCTUATIONS
Tor Jacobson, Sveriges Riksbank Co-Authors: Rikard Kindell, Handelsbanken, Jesper Lindé, Federal Reserve Board and Kasper Roszbach, Sveriges Riksbank (Bank of Sweden) |
||
|
EVIDENCE OF RISK-SHIFTING FROM DEBT COVENANTS VIOLATIONS
Beatriz Mariano, University Carlos III of Madrid |
| 15:30 - 17:30 |
ARCH MODELS 2 (ESEM EEE)
Chairperson: Aman Ullah, University of California,Riverside |
Room |
|
MERITS AND DRAWBACKS OF VARIANCE TARGETING IN GARCH MODELS
Christian FRANCQ, GREMARS-EQUIPPE University Lille 3 Co-Author: Jean-Michel Zakoian, CREST and Université Lille 3 |
||
|
HIERARCHICAL HIDDEN MARKOV STRUCTURE FOR DYNAMIC CORRELATIONS: THE HIERARCHICAL RSDC MODEL.
Philippe Charlot, GREQAM and Aix-Marseille University Co-Author: Vęlayoudom MARIMOUTOU, GREQAM, Aix-Marseille University and Institut Français de Pondichéry |
||
|
EXCHANGE RATES DEPENDENCE: WHAT DRIVES IT?
Chiara Scotti, Federal Reserve Board Co-Author: Sigríđur Benediktsdóttir, Yale University |
||
|
ESTIMATION AND FORECASTING OF DYNAMIC CONDITIONAL COVARIANCE: A SEMIPARAMETRIC MULTIVARIATE MODEL
Aman Ullah, University of California,Riverside Co-Authors: Xiangdong Long, University of Cambridge and Liangjun Su, Singapore Management University |
| 15:30 - 17:30 |
COINTEGRATION INFERENCE (ESEM EEE)
Chairperson: Silika Prohl, Swiss Banking Institute |
Room |
|
MAXIMUM LIKELIHOOD ESTIMATION OF FRACTIONALLY COINTEGRATED SYSTEMS
Katarzyna Lasak, CREATES, Aarhus University |
||
|
CONSISTENT ESTIMATION OF COINTEGRATING SUBSPACES
Javier Hualde, Universidad Publica de Navarra |
||
|
A NO ARBITRAGE FRACTIONAL COINTEGRATION
ANALYSIS OF THE RANGE BASED VOLATILITY
Paolo Santucci de Magistris, University of Pavia Co-Author: Eduardo Rossi, Dipartimento di economia politica e metodi quantitativi, Universitŕ degli studi di Pavia |
||
|
SUB-SAMPLING-AFTER-WILD BOOTSTRAP INFERENCE ON LONG-RUN LINKAGES BETWEEN THE CDS AND CREDIT SPREADS
Silika Prohl, Swiss Banking Institute |
| 15:30 - 17:30 |
FORECASTING 2 (ESEM EEE)
Chairperson: Anindya Banerjee, UNIVERSITY OF BIRMINGHAM |
Room |
|
FORECASTING ECONOMIC ACTIVITY USING MIDAS REGRESSION MODELS
Andros Kourtellos, University of Cyprus Co-Authors: Elena Andreou, University of Cyprus and Eric Ghysels, Department of Economics , University of North Carolina, and Department of Finance, Kenan-Flagler Business School |
||
|
FORECASTING FEDERAL FUNDS TARGET RATE DECISIONS WITH BAYESIAN MODEL AVERAGING
Sjoerd Van den Hauwe, Tinbergen Institute, Erasmus Universiteit Rotterdam Co-Authors: Richard Paap, Econometric Institute, Erasmus University Rotterdam and Dick van Dijk, Econometric Institute, Erasmus University Rotterdam |
||
|
FORECASTING WITH INTERVAL AND HISTOGRAM DATA. SOME FINANCIAL APPLICATIONS.
Gloria Gonzalez-Rivera, University of California, Riverside Co-Authors: Javier Arroyo, Universided Complutense de Madrid and carlos mate, Universidad Pontificia de Comillas, Madrid |
||
|
FORECASTING WITH FACTOR-AUGMENTED ERROR CORRECTION MODEL
Anindya Banerjee, UNIVERSITY OF BIRMINGHAM Co-Authors: Massimiliano Marcellino, EUI, Universitŕ Bocconi and CEPR and Igor Masten, University of Ljubljana |
| 15:30 - 17:30 |
TESTING: TIME SERIES 2 (ESEM EEE)
Chairperson: Enrique Sentana, CEMFI |
Room |
|
BOOTSTRAPPING THE LIKELIHOOD RATIO COINTEGRATION TEST IN ERROR CORRECTION MODELS WITH UNKNOWN LAG ORDER
Carsten Trenkler, University of Mannheim Co-Author: Christian Kascha, Norges Bank |
||
|
LIMIT DISTRIBUTION OF THE CUSUM OF SQUARES TEST UNDER STOCHASTIC AND DETERMINISTIC TIME TRENDS
Jouni Sohkanen, Oxford University Co-Author: Bent Nielsen, Oxford University |
||
|
TESTING FOR SMOOTH TRANSITION NONLINEARITY IN ADJUSTMENTS OF COINTEGRATING SYSTEMS
Milan Nedeljkovic, Department of Economics, The University of Warwick |
||
|
DYNAMIC SPECIFICATION TESTS FOR STATIC FACTOR MODELS
Enrique Sentana, CEMFI Co-Author: Gabriele Fiorentini, University of Florence |
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