ESWC 2010: Congress Programme
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THURSDAY 19 AUGUST 2010
09:00 - 10:45 | PAIRED INVITED SESSIONS |
11:15 - 12:45 | CONTRIBUTED SESSIONS |
13:00 - 14:00 | POLICY SESSION |
14:15 - 16:15 | CONTRIBUTED SESSIONS |
16:45 - 18:15 | PLENARY SESSION |
09:00 - 10:45 | PAIRED INVITED SESSIONS |
09:00 - 10:45 |
DECISION THEORY
Chairperson: Larry Samuelson, Yale University Discussant: Ran Spiegler, Tel Aviv University |
Room Yellow River Hall |
AMBIGUITY AND THE BAYESIAN PARADIGM
Massimo Marinacci, Bocconi University Co-Author: Itzhak (Tzachi) Gilboa, HEC and Tel Aviv University |
||
TEMPTATION
Barton Lipman, Boston University and Wolfgang Pesendorfer, Princeton University |
09:00 - 10:45 |
MACROECONOMICS
Chairperson: Harald Uhlig, University of Chicago Discussant: Steven Davis, University of Chicago |
Room Auditorium |
AGGREGATE FLUCTUATIONS AND LABOR MARKET OUTCOMES
Robert Shimer, University of Chicago |
||
FROM WAGES TO WELFARE: DECOMPOSING GAINS AND LOSSES FROM RISING
INEQUALITY
Giovanni Violante, New York University Co-Authors: Jonathan Heathcote, Federal Reserve Bank of Minneapolis and Kjetil Storesletten, Federal Reserve Bank of Minneapolis |
09:00 - 10:45 |
ECONOMETRIC THEORY
Chairperson: Rosa Matzkin, University of California, Los Angeles Discussant: St�phane Bonhomme, CEMFI |
Room Century Hall |
HIGH DIMENSIONAL SPARSE ECONOMETRIC MODELS
Victor Chernozhukov, MIT |
||
NONLINEAR ERRORS-IN-VARIABLES MODELS
Susanne Schennach, University of Chicago |
11:15 - 12:45 | CONTRIBUTED SESSIONS |
11:15 - 12:45 |
MATCHING III (THY)
Chairperson: Morimitsu Kurino, Maastricht University |
Room Century Hall |
TIERS, PREFERENCE SIMILARITY, AND THE LIMITS ON STABLE PARTNERS
Michihiro Kandori, University of Tokyo Co-Authors: Fuhito Kojima, Stanford University and Yosuke Yasuda, GRIPS |
||
A SEARCH MODEL OF TWO-SIDED MATCHING WITH TERMS OF TRADE
Hiroyuki ADACHI, SUNY-BUFFALO |
||
HOUSE ALLOCATION WITH OVERLAPPING GENERATIONS: A DYNAMIC
MECHANISM DESIGN APPROACH
Morimitsu Kurino, Maastricht University |
11:15 - 12:45 |
IMPLEMENTATION (THY)
Chairperson: Rudolf M�ller, Maastricht University |
Room 3A |
TRUTHFUL IMPLEMENTATION IN COMPREHENSIVE DOMAINS
Andrew McLennan, University of Queensland Co-Authors: Juan Carlos Carbajal, University of Queensland and Rabee Tourky, University of Queensland |
||
PERFECT IMPLEMENTATION
Sergei Izmalkov, New Economic School Co-Authors: Matt Lepinski, BBN Technologies and Silvio Micali, MIT |
||
PATH-MONOTONICITY AND TRUTHFUL IMPLEMENTATION
Rudolf M�ller, Maastricht University |
11:15 - 12:45 |
AUCTIONS III (THY)
Chairperson: Roberto Burguet, Institute for Economic Analysis (CSIC) |
Room 3C |
SIGNAL-JAMMING IN A SEQUENTIAL AUCTION
Wei Ding, Bonn Graduate School of Economics Co-Authors: Thomas D. Jeitschko, Michigan State University and Elmar Wolfstetter, Humboldt-University at Berlin |
||
INFORMATION SHARING IN CONTESTS
Johannes M�nster, Free University of Berlin Co-Authors: Daniel J. Kovenock, University of Iowa and Florian Morath, Max Planck Research Center for Tax Law and Public Finance |
||
LIMITED LIABILITY AND MECHANISM DESIGN IN PROCUREMENT
Roberto Burguet, Institute for Economic Analysis (CSIC) Co-Authors: Juan Jos� Ganuza, Universitat Pompeu Fabra and Esther Hauk, Institute for Economic Analysis (CSIC) |
11:15 - 12:45 |
CONSUMER SEARCH (THY)
Chairperson: Tianle Zhang, The Hong Kong Polytechnic University |
Room 3D |
OLIGOPOLISTIC SEARCH MARKETS WITH COSTLY SECOND VISITS
Alexei Parakhonyak, Tinbergen Institute Co-Author: Maarten Janssen, University of Vienna |
||
OLIGOPOLISTIC MARKETS WITH SEQUENTIAL SEARCH AND ASYMMETRIC
INFORMATION
Maarten Janssen, University of Vienna Co-Authors: Paul Pichler, and Simon Weidenholzer, Universit�t Wien |
||
EQUILIBRIUM PRICE DISPERSION WITH HETEROGENEOUS SEARCHERS
Tianle Zhang, The Hong Kong Polytechnic University Co-Author: Yongmin Chen, University of Colorado at Boulder |
11:15 - 12:45 |
OPTIMAL STOPPING (THY)
Chairperson: Bruno Strulovici, Northwestern University |
Room 3F |
GAMBLING IN DYNAMIC CONTESTS
Philipp Strack, University of Bonn Co-Author: Christian Seel, University of Bonn |
||
UNDISCOUNTED BANDIT PROBLEMS
Godfrey Keller, University of Oxford Co-Author: Sven Rady, University of Munich |
||
DISCOUNTING AND PATIENCE IN OPTIMAL STOPPING AND CONTROL PROBLEMS
Bruno Strulovici, Northwestern University Co-Author: John Quah, Oxford University |
11:15 - 12:45 |
EXPERIMENTS ON REWARDS AND INCENTIVES (EXP)
Chairperson: Tor Eriksson, Aarhus University |
Room 3G |
AN EXPERIMENTAL TEST OF THE DETERRENCE HYPOTHESIS
Hannah Schildberg-Hoerisch, University of Bonn Co-Author: Christina Strassmair, University of Munich |
||
WHEN WORKERS DO NOT KNOW-
ASYMETRIC KNOWLEDGE OF MINIMUM WAGE LAWS AND MINIMUM WAGE LEVELS
Wang Xianghong, Renmin University of China |
||
RESPECT AS AN INCENTIVE
Tor Eriksson, Aarhus University |
11:15 - 12:45 |
OPTIONS (FIN)
Chairperson: Chin-Han Chiang, Columbia University |
Room 5A |
PUT OPTION IMPLIED RISK-PREMIA IN GENERAL EQUILIBRIUM UNDER
RECURSIVE PREFERENCES
Satadru Hore, Federal Reserve Bank of Boston Co-Authors: Hedibert Lopes, Chicago Booth and Robert McCulloch, University of Texas, Austin |
||
REAL OPTIONS AND CONTINGENT CLAIMS ANALYSIS
Vadim Arkin, Central Economics and Mathematics Institute Co-Author: Alexander Slastnikov, Central Economics and Mathematics Institute |
||
STOCK RETURNS ON OPTION EXPIRATION DATES
Chin-Han Chiang, Columbia University |
11:15 - 12:45 |
CREDIT MARKETS III (FIN)
Chairperson: Tatiana Didier, World Bank |
Room 5G |
REGULATING BANKER COMPENSATION FOR BANK SUPERVISORY PURPOSES
Edward Simpson Prescott, Federal Reserve Bank of Richmond Co-Author: Arantxa Jarque, Federal Reserve Bank of Richmond |
||
THE MECHANICS OF A GRACEFUL EXIT: INTEREST ON RESERVES AND
SEGMENTATION IN THE FEDERAL FUNDS MARKET
Morten Bech, Federal Reserve Bank of New York |
||
INFORMATION ASYMMETRIES AND INSTITUTIONAL INVESTOR MANDATES
Tatiana Didier, World Bank |
11:15 - 12:45 |
VOLATILITY I (FIN)
Chairperson: Olivier Scaillet, University of Geneva and Swiss Finance Institute |
Room Pearl Hall |
ECONOMETRIC ANALYSIS OF FINANCIAL JUMPS USING EFFICIENT BIPOWER
VARIATION
Per Mykland, University of Oxford and University of Chicago Co-Author: Neil Shephard, University of Oxford |
||
HIGH FREQUENCY COVARIANCE ESTIMATES WITH NOISY AND ASYNCHRONOUS
FINANCIAL DATA
Dacheng Xiu, Princeton University Co-Authors: Yacine Ait-Sahalia, Princeton University and Jianqing Fan, Princeton University |
||
DETECTING SPURIOUS JUMPS IN HIGH FREQUENCY DATA
Olivier Scaillet, University of Geneva and Swiss Finance Institute Co-Author: Pierre Bajgrowicz, University of Geneva |
11:15 - 12:45 |
NEW METHODS IN EMPIRICAL AUCTIONS (IND)
Chairperson: Philippe Fevrier, CREST-LEI |
Room 3H |
ON THE ASYMPTOTIC DISTRIBUTION OF THE TRANSACTION PRICE IN A
CLOCK MODEL OF A MULTI-UNIT, ORAL, ASCENDING-PRICE AUCTION WITHIN THE
COMMON-VALUE PARADIGM
Harry Paarsch, The University of Melbourne Co-Authors: Han Hong, Stanford University and Pai Xu, University of Hong Kong |
||
PARTICIPATION SCREEN FOR COLLUSION IN AUCTIONS
Janne Tukiainen, HECER |
||
IDENTIFICATION OF MIXTURE MODELS USING SUPPORT VARIATIONS
Philippe Fevrier, CREST-LEI Co-Author: Xavier d'Haultfoeuille, CREST-INSEE |
11:15 - 12:45 |
R&D POLICY: THEORY (IND)
Chairperson: Tong Wang, Toulouse School of Economics |
Room 3I |
GOVERNMENT SUBSIDIES FOR RESEARCH PROGRAMS FACING "IF" AND "WHEN"
UNCERTAINTY
Jianjun Wu, University of Arizona Co-Author: David Besanko, Northwestern University, Kellogg School of Management |
||
IMPERFECT PATENT PROTECTION AND INNOVATION
Silvana Krasteva, Texas A&M University |
||
NONOBVIOUSNESS AND SCREENING
Tong Wang, Toulouse School of Economics Co-Authors: Zonglai Kou, Fudan University and Patrick Rey, Toulouse School of Economics |
11:15 - 12:45 |
FINANCIAL CRISES I (INT)
Chairperson: Qianying Chen, Goethe University Frankfurt and Hong Kong Institute for Monetary Research |
Room Yellow River Hall |
CREDITLESS RECOVERIES
Bin Li, International Monetary Fund Co-Authors: Abdul Abiad, International Monetary Fund and Giovanni Dell�Ariccia, International Monetary Fund and CEPR |
||
HOW TO EVALUATE AN EARLY WARNING SYSTEM? TOWARDS A UNIFIED
STATISTICAL FRAMEWORK FOR ASSESSING FINANCIAL CRISES FORECASTING
METHODS.
Bertrand Candelon, Maastricht University Co-Authors: Elena-Ivona Dumitrescu, University of Orl�ans and Christophe Hurlin, University of Orl�ans |
||
INTERNATIONAL TRANSMISSION OF BANK AND CORPORATE DISTRESS
Qianying Chen, Goethe University Frankfurt and Hong Kong Institute for Monetary Research Co-Authors: Gray Dale, International Monetary Fund, Papa N'Diaye, International Monetary Fund, Hiroko Oura, International Monetary Fund and Natalia Tamirisa, International Monetary Fund |
11:15 - 12:45 |
TRADE, INNOVATION AND PRODUCTIVITY (INT)
Chairperson: Edwin Lai, Hong Kong University of Science and Technology |
Room 3B |
INNOVATION, DIFFUSION AND TRADE: THEORY AND MEASUREMENT
Ana Maria Santacreu, INSEAD |
||
TRADE-INDUCED INDUSTRIALIZATION AND ECONOMIC GROWTH
Jee-Hyeong Park, Seoul National University |
||
INNOVATION AND PATENTABILITY REQUIREMENT IN A GLOBALIZED WORLD
Edwin Lai, Hong Kong University of Science and Technology Co-Author: Davin Chor, Singapore Management University |
11:15 - 12:45 |
SECONDARY AND POST-SECONDARY SCHOOLING (LAB)
Chairperson: Zhong Zhao, Renmin University of China |
Room 5D |
VOCATIONAL SCHOOLING VERSUS APPRENTICESHIP TRAINING. EVIDENCE
FROM VACANCY DATA
Matthias Parey, University of Essex and Institute for Fiscal Studies |
||
WHY IS FIRST BEST? RESPONSES TO INFORMATION AGGREGATION IN THE US
NEWS COLLEGE RANKINGS
Michael Luca, Boston University Co-Author: Jonathan Smith, Boston University |
||
HUMAN CAPITAL VS. SIGNALING: THE GERMAN REUNIFICATION AS A
NATURAL EXPERIMENT
Zhong Zhao, Renmin University of China Co-Author: Ulf Rinne, IZA |
11:15 - 12:45 |
CITIES AND SORTING (LAB)
Chairperson: Yannis Ioannides, Tufts University |
Room 5E |
UNEVEN LANDSCAPE AND CITY SIZE DISTRIBUTION
Qiang Li, Shanghai University of Finance and Economics Co-Author: Sanghoon Lee, Sauder School of Business, the University of British Columbia |
||
THE PHANTOM OF THE OPERA:
CULTURAL AMENITIES, HUMAN CAPITAL, AND REGIONAL ECONOMIC GROWTH
Oliver Falck, Ifo Institute for Economic Research Co-Authors: Michael Fritsch, University of Jena and Stephan Heblich, Max Planck Institute of Economics |
||
LABOR TURNOVER AND URBAN STRUCTURE
Yannis Ioannides, Tufts University |
11:15 - 12:45 |
LABOR CONTRACTS I (LAB)
Chairperson: Jeanine Miklos-Thal, Simon School, University of Rochester |
Room 5F |
HOW GREEN WAS MY VALLEY? COERCIVE CONTRACT ENFORCEMENT IN 19TH
CENTURY INDUSTRIAL BRITAIN
Noam Yuchtman, Harvard University Co-Author: Suresh Naidu, Harvard University |
||
THE PLAINTIFF�S ROLE IN ENFORCING A COURT RULING: EVIDENCE FROM A
LABOR COURT IN MEXICO
Joyce Sadka, Centro de Investigacion Economica Co-Author: David Kaplan, World Bank |
||
NOMINATION CONTESTS: THEORY AND EMPIRICAL EVIDENCE FROM
PROFESSIONAL SOCCER
Jeanine Miklos-Thal, Simon School, University of Rochester Co-Author: Hannes Ullrich, ZEW |
11:15 - 12:45 |
FISCAL POLICY I (MAX)
Chairperson: Volker Grossmann, University of Fribourg |
Room Gran Melia B1 |
FISCAL STIMULUS AND DISTORTIONARY TAXATION
Harald Uhlig, University of Chicago Co-Author: Thorsten Drautzburg, University of Chicago |
||
ON THE IDENTIFICATION OF FISCAL POLICY BEHAVIOR
Bing Li, Indiana University |
||
QUANTIFYING OPTIMAL GROWTH POLICY
Volker Grossmann, University of Fribourg Co-Authors: Thomas M. Steger, University of Leipzig and Timo Trimborn, University of Hannover |
11:15 - 12:45 |
FINANCIAL FRICTIONS I (MAX)
Chairperson: La'O Jennifer, MIT |
Room Gran Melia B2 |
DO CREDIT CONSTRAINTS AMPLIFY MACROECONOMIC FLUCTUATIONS?
Zheng Liu, Federal Reserve Bank of San Francisco Co-Authors: Pengfei Wang, Hong Kong University of Science and Technology and Tao Zha, Federal Reserve Bank of Atlanta and Emory University |
||
A MODEL OF MORAL-HAZARD CREDIT CYCLES
Roger Myerson, University of Chicago |
||
COLLATERAL CONSTRAINTS AND NOISY FLUCTUATIONS
La'O Jennifer, MIT |
11:15 - 12:45 |
CONSUMPTION AND RISK SHARING (MAX)
Chairperson: Olga Gorbachev, University of Edinburgh |
Room Gran Melia F1 |
CONSUMPTION RISK SHARING OVER THE BUSINESS CYCLE: THE ROLE OF
SMALL FIRMS' ACCESS TO CREDIT MARKETS
Mathias Hoffmann, International Trade and Finance, IEW, University of Zurich Co-Author: Iryna Stewen, Institute for Empirical Research in Economics |
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CONSUMPTION RISK SHARING UNDER PRIVATE INFORMATION WHEN EARNINGS
ARE PERSISTENT
Marek Kapicka, UC Santa Barbara Co-Author: Paul Klein, IIES, Stockholm University |
||
EVOLUTION OF CONSUMPTION VOLATILITY FOR THE LIQUIDITY CONSTRAINED
HOUSEHOLDS IN THE US OVER 1983 TO 2004.
Olga Gorbachev, University of Edinburgh Co-Author: Keshav Dogra, Columbia University |
11:15 - 12:45 |
MACROCONOMICS: ADVANCES IN VAR MODELING (MAX)
Chairperson: Domenico Giannone, ECARES-ULB and CEPR |
Room Gran Melia F2 |
THE ROLE OF BANK CREDIT IN THE INTERNATIONAL BUSINESS CYCLES: AN
EMPIRICAL ANALYSIS USING GLOBAL VAR
TengTeng Xu, Cambridge University |
||
TRUSTING THE BANKERS: A NEW LOOK AT THE CREDIT CHANNEL OF
MONETARY POLICY
Jos�-Luis Peydr�, European Central Bank Co-Authors: Matteo Ciccarelli, European Central Bank and Angela Maddaloni, European Central Bank |
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LARGE BAYESIAN VARS
Domenico Giannone, ECARES-ULB and CEPR |
11:15 - 12:45 |
ECONOMICS OF EDUCATION II (PUB)
Chairperson: Pao-Li Chang, Singapore Management University |
Room 3E |
EFFICIENT INVESTMENT IN CHILDREN AND IMPLICATIONS FOR POLICY
Hakki Yazici, Sabanci University |
||
COMPETITION BETWEEN STATE UNIVERSITIES
Annalisa Luporini, University of Florence |
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EDUCATION AND TRADE
Pao-Li Chang, Singapore Management University Co-Author: Fali Huang, Singapore Management University |
11:15 - 12:45 |
PUBLIC FINANCE: EMPIRICAL ISSUES I (PUB)
Chairperson: Terence Cheng, University of Melbourne |
Room 3J |
PUBLIC HOUSING UNITS VS. HOUSING VOUCHERS: ACCESSIBILITY, LOCAL
PUBLIC GOODS, AND WELFARE
Sinan Sarpca, Koc University Co-Authors: Charles Leung, City University of Hong Kong and Kuzey Yilmaz, Koc University |
||
CHANGES IN THE INCOME DISTRIBUTION OF THE DUTCH ELDERLY BETWEEN
1989-2020: A DYNAMIC
MICROSIMULATION
Marike Knoef, Tilburg University Co-Authors: Rob Alessie, Groningen University and Adriaan Kalwij, Utrecht University & Tilburg University |
||
DEMAND FOR HOSPITAL CARE AND PRIVATE HEALTH INSURANCE IN A MIXED
PUBLIC-PRIVATE SYSTEM: EMPIRICAL EVIDENCE USING A SIMULTANEOUS EQUATION
MODELING APPROACH
Terence Cheng, University of Melbourne Co-Author: Farshid Vahid, Australian National University |
11:15 - 12:45 |
POLITICAL COMPETITION (POL)
Chairperson: Oliver Denk, London School of Economics |
Room Gran Melia B3 |
THE POLITICAL RESOURCE CURSE
Tommaso Nannicini, Bocconi University Co-Authors: Fernanda Brollo, Bocconi University, Roberto Perotti, Bocconi University and Guido Tabellini, Bocconi University |
||
TYING YOUR ENEMY�S HANDS IN CLOSE RACES: THE POLITICS OF FEDERAL
TRANSFERS IN BRAZIL
Fernanda Brollo, BOCCONI UNIVERSITY |
||
THE ECONOMIC EFFECTS OF NATIONAL SWINGS ON POLITICAL
JURISDICTIONS: THEORY AND EVIDENCE FROM ENGLISH COUNCILS AND US STATES
Oliver Denk, London School of Economics |
11:15 - 12:45 |
POLITICAL ECONOMY: INFORMATION AND ELECTIONS (POL)
Chairperson: Steven Callander, Stanford University |
Room Gran Melia B4 |
A POLITICAL THEORY OF POPULISM
Konstantin Sonin, New Economic School, Moscow Co-Authors: Daron Acemoglu, MIT and Georgy Egorov, Northwestern University |
||
STATUS QUO PROTECTION AND VOLUNTARY INFORMATION DISCLOSURE
Sven Feldmann, Melbourne Business School |
||
WHY DOES POLITICAL POWER ALTERNATE?
Steven Callander, Stanford University |
11:15 - 12:45 |
MEDIA AND POLITICS (POL)
Chairperson: Oliver Latham, University of Cambridge |
Room Gran Melia F5 |
MEASURING MEDIA INFLUENCE ON U.S. STATE COURTS
Claire Lim, Stanford University Co-Authors: Jim Snyder, and David Str�mberg, Stockholm University |
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MEDIA PROLIFERATION WITH QUASI-RATIONAL CONSUMERS
Daniel Stone, Oregon State University Co-Author: Jimmy Chan, Shanghai University of Finance and Economics |
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LAME DUCKS AND THE MEDIA: WHY DOES THE PRESS TURN ON UNPOPULAR
GOVERNMENTS?
Oliver Latham, University of Cambridge |
11:15 - 12:45 |
DEVELOPMENT: CONFLICT AND TRUST (DEV)
Chairperson: Adam Szeidl, UC Berkeley |
Room Gran Melia F3 |
IMPLICATIONS OF AN ECONOMIC THEORY OF CONFLICT: HINDU-MUSLIM
VIOLENCE IN INDIA
Anirban Mitra, New York University Co-Author: Debraj Ray, New York University |
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LONG-RUN LABOR-MARKET CONSEQUENCES OF CIVIL WAR:
EVIDENCE FROM SHINING PATH IN PERU
Jose Galdo, Carleton University and IZA |
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MEASURING TRUST IN PERUVIAN SHANTYTOWNS
Adam Szeidl, UC Berkeley Co-Authors: Dean Karlan, Yale University, Markus Mobius, Harvard University and Tanya Rosenblat, Iowa State University |
11:15 - 12:45 |
TREATMENT EFFECTS I (ECO)
Chairperson: Sergio Firpo, S�o Paulo School of Economics, FGV-SP |
Room Yangtze Hall |
NONPARAMETRIC TESTS OF CONDITIONAL TREATMENT EFFECTS
Sokbae Lee, UCL Co-Author: Yoon-Jae Whang, Seoul National University |
||
CONVEX TREATMENT RESPONSE AND TREATMENT SELECTION
Stefan Boes, University of Zurich |
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BOUNDS ON FUNCTIONALS OF THE DISTRIBUTION OF TREATMENT EFFECTS
Sergio Firpo, S�o Paulo School of Economics, FGV-SP Co-Author: Geert Ridder, University of Southern California |
11:15 - 12:45 |
PANEL DATA AND SPATIAL DEPENDENCE (ECO)
Chairperson: Arnab Bhattacharjee, University of St Andrews |
Room 5B |
ROBUST COVARIANCE MATRIX ESTIMATION FOR LINEAR PANEL MODELS WITH
FIXED EFFECTS
Min Seong Kim, UC San Diego |
||
EFFICIENT GMM ESTIMATION OF SPATIAL DYNAMIC PANEL DATA MODELS
WITH FIXED EFFECTS
Jihai Yu, University of Kentucky Co-Author: Lung-fei Lee, Ohio State University |
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UNDERSTANDING INTERACTIONS IN SOCIAL NETWORKS AND COMMITTEES
Arnab Bhattacharjee, University of St Andrews Co-Author: Sean Holly, University of Cambridge |
11:15 - 12:45 |
GARCH MODELS I (ECO)
Chairperson: Jing Wu, University of Western Ontario |
Room 5C |
PARAMETER ESTIMATION IN NONLINEAR AR-GARCH MODELS
Mika Meitz, Koc University Co-Author: Pentti Saikkonen, University of Helsinki |
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NON-GAUSSIAN QUASI MAXIMUM LIKELIHOOD ESTIMATION OF GARCH MODELS
Lei Qi, Princeton University Co-Authors: Jianqing Fan, Princeton University and Dacheng Xiu, Princeton University |
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THRESHOLD GARCH MODEL: THEORY AND APPLICATION
Jing Wu, University of Western Ontario |
11:15 - 12:45 |
STRUCTURAL CHANGE I (ECO)
Chairperson: Isabel Casas, CREATES, Aarhus University |
Room 5H |
ASYMPTOTIC DISTRIBUTION THEORY FOR BREAK POINT ESTIMATORS IN
MODELS ESTIMATED VIA 2SLS
Otilia Boldea, University of Tilburg Co-Authors: Alastair R. Hall, University of Manchester and Sanggohn Han, SAS Institute |
||
ESTIMATING A COMMON LOCAL BREAK IN THE TIME TREND FOR LARGE PANEL
DATA
Dukpa Kim, University of Virginia |
||
UNSTABLE VOLATILITY: THE BREAK PRESERVING LOCAL LINEAR ESTIMATOR
Isabel Casas, CREATES, Aarhus University Co-Author: Irene Gijbels, K. U. Leuven |
11:15 - 12:45 |
HYPOTHESIS TESTS I (ECO)
Chairperson: Maxwell King, Monash University |
Room 5J |
MODEL EQUIVALENCE TESTS IN A PARAMETRIC FRAMEWORK
Pascal Lavergne, Toulouse School of Economics |
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SYMBOLIC DYNAMICS TO TEST BASIC NULL HYPOTHESES
MARIANO MATILLA-GARCIA, UNED Co-Authors: Fernando Lopez, Universidad Polit�cnica de Cartagena, Jes�s Mur, Universidad de Zaragoza and Manuel Ruiz, Universidad Polit�cnica de Cartagena |
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A NEW PROCEDURE FOR MULTIPLE TESTING OF ECONOMETRIC MODELS
Maxwell King, Monash University Co-Authors: Muhammad Akram, Monash University and Xibin Zhang, Department of Econometrics and Business Statistics, Monash University |
11:15 - 12:45 |
SHRINKAGE METHODS (ECO)
Chairperson: Lucrezia Reichlin, London Business School |
Room 5I |
SHORT-TERM INFLATION PROJECTIONS: A BAYESIAN VAR APPROACH
Lenza Michele, European Central Bank Co-Authors: Domenico Giannone, ECARES-ULB and CEPR, Daphne Momferatou, European Central Bank and Luca Onorante, European Central Bank |
||
ADAPTIVE GMM SHRINKAGE ESTIMATION WITH CONSISTENT MOMENT
SELECTION
Zhipeng Liao, Department of Economics, Yale University |
||
FORECASTING USING A LARGE NUMBER OF PREDICTORS: IS BAYESIAN
SHRINKAGE A VALID ALTERNATIVE TO PRINCIPAL COMPONENTS?
Lucrezia Reichlin, London Business School Co-Authors: Christine De Mol, ECARES - Universit� Libre de Bruxelles and Domenico Giannone, ECARES-ULB and CEPR |
13:00 - 14:00 | POLICY SESSION |
13:00 - 14:00 |
PLENARY POLICY PANEL II
Chairperson: Fabrizio Zilibotti, University of Zurich |
Room Auditorium |
PERSPECTIVES ON CHINESE ECONOMIC GROWTH
Justin Yifu Lin, The World Bank, Barry Naughton, UCSD, Yingyi Qian, University of California, Berkeley and Shang-Jin Wei, Columbia University |
14:15 - 16:15 | CONTRIBUTED SESSIONS |
14:15 - 16:15 |
AUCTIONS IV (THY)
Chairperson: Tymofiy Mylovanov, Penn State University |
Room Gran Melia B1 |
STRATEGIC SUPPLY FUNCTION COMPETITION WITH PRIVATE INFORMATION
Xavier Vives, IESE Business School and UPF |
||
SPLIT-AWARD AUCTIONS WITH INVESTMENT
Jianpei Li, University of International Business and Economics Co-Authors: Jiong Gong, University of International Business and Economics and R. Preston McAfee, Yahoo! Research |
||
THE DYNAMICS OF PRICES IN AUCTIONS WITH FINANCIAL CONSTRAINTS
Angel Hernando Veciana, Universidad Carlos III de Madrid Co-Author: Pablo Beker, University of Warwick |
||
OPTIMAL AUCTION DESIGN AND IRRELEVANCE OF PRIVACY OF INFORMATION
Tymofiy Mylovanov, Penn State University Co-Author: Thomas Troeger, Univeristy of Bern |
14:15 - 16:15 |
PRINCIPLE-AGENT MODELS I (THY)
Chairperson: Rongzhu Ke, The Chinese University of Hong Kong |
Room Gran Melia F1 |
ON THE FIRST-ORDER APPROACH IN PRINCIPAL-AGENT MODELS WITH HIDDEN
BORROWING AND LENDING
Sebastian Koehne, University of Mannheim Co-Authors: Arpad Abraham, EUI Florence and Nicola Pavoni, University College London |
||
DYNAMIC CONTRACTING WITH STOCHASTIC OUTSIDE OPPORTUNITIES AND
COSTLY TERMINATION
Cheng Wang, Fudan University and Iowa State University Co-Author: Youzhi Yang, Shanghai University of Finance and Economics |
||
REPEATED MORAL HAZARD WITH PRIVATE EVALUATION: WHY THE AGENT'S
MIXED STRATEGIES MATTER
Youzhi Yang, Shanghai University of Finance and Economics |
||
A FIXED-POINT METHOD FOR VALIDATING THE FIRST-ORDER APPROACH:
NECESSARY AND SUFFICIENT CONDITION AND ITS IMPLICATIONS
Rongzhu Ke, The Chinese University of Hong Kong |
14:15 - 16:15 |
HERDING AND LEARNING (THY)
Chairperson: David McAdams, Duke University |
Room Gran Melia F3 |
INFORMATIONAL CASCADES IN FINANCIAL MARKETS WITH COSTLY
INFORMATION
Arina Nikandrova, University of Cambridge |
||
DELAY AND INFORMATION AGGREGATION IN STOPPING GAMES WITH PRIVATE
INFORMATION
Pauli Murto, Aalto University Co-Author: Juuso V�lim�ki, Aalto University |
||
AGGREGATE UNCERTAINTY AND LEARNING IN A SEARCH MODEL
Gabor Virag, University of Rochester Co-Author: Stephan Lauermann, University of Michigan |
||
PERFORMANCE AND TURNOVER IN A STOCHASTIC PARTNERSHIP
David McAdams, Duke University |
14:15 - 16:15 |
MECHANISM DESIGN III (THY)
Chairperson: Bo Chen, Southern Methodist University |
Room Gran Melia F5 |
INFORMATIONAL SMALLNESS AND SCOPE FOR LIMITING INFORMATIONAL
RENTS
Alia Gizatulina, Max Planck Institute, Bonn Co-Author: Martin Hellwig, Max Planck Institute |
||
OPTIMAL CERTIFICATION DESIGN
Sergei Kovbasyuk, Toulouse School of Economics |
||
OPTIMAL R&D PROJECT SELECTION MECHANISMS
Sidartha Gordon, Universit� de Montr�al Co-Author: Talia Bar, Cornell University |
||
OPTIMAL SELLING MECHANISMS WITH COUNTERVAILING POSITIVE
EXTERNALITIES AND AN APPLICATION TO TRADABLE RETALIATION IN THE WTO
Bo Chen, Southern Methodist University Co-Author: Tanapong Potipiti, Chulalongkorn University |
14:15 - 16:15 |
EXPERIMENTS AND MARKET OUTCOMES II (EXP)
Chairperson: Youxin Hu, Southwestern University of Finance and Economics |
Room Gran Melia B2 |
A DYNAMIC GENERAL EQUILIBRIUM APPROACH TO ASSET PRICING
EXPERIMENTS
John Duffy, University of Pittsburgh Co-Author: Sean Crockett, Baruch College (CUNY) |
||
SPECULATIVE OVERPRICING IN ASSET MARKETS WITH INFORMATION FLOWS
Stephanie Wang, California Institute of Technology Co-Author: Thomas Palfrey, California Institute of Technology |
||
INDIVIDUAL EXPECTATION, LIMITED RATIONALITY AND AGGREGATE
OUTCOMES
Te Bao, University of Amsterdam Co-Authors: Cars Hommes, CeNDEF, University of Amsterdam, Joep Sonnemans, CREED, University of Amsterdam and Jan Tuinstra, CeNDEF, University of Amsterdam |
||
BIDDING MORE AGGRESSIVELY OR FREE RIDING? THEORETICAL AND
EXPERIMENTAL ANALYSIS OF AUCTIONS WITH NEGATIVE EXTERNALITIES
Youxin Hu, Southwestern University of Finance and Economics Co-Authors: John Kagel, The Ohio State University and Lixin Ye, The Ohio State University |
14:15 - 16:15 |
BIASES AND MISTAKES (EXP)
Chairperson: Mo Xiao, University of Arizona |
Room Gran Melia F2 |
CEO OVERCONFIDENCE AND INNOVATION
Alberto Galasso, University of Toronto Co-Author: Timothy Simcoe, Boston University |
||
REFERENCE-DEPENDENT RISK PREFERENCES OF HIGHER ORDERS
Johannes Maier, Munich Graduate School of Economics, University of Munich Co-Author: Maximilian R�ger, University of Augsburg |
||
MENTAL OVERLOAD, PRODUCTIVITY, AND DECISION-MAKING
Anna Breman, University of Arizona Co-Authors: Manuela Angelucci, University of Arizona and Karina Cordova, University of Arizona |
||
WHO THINKS ABOUT THE COMPETITION? MANAGERIAL ABILITY AND
STRATEGIC ENTRY IN US LOCAL TELEPHONE MARKETS
Mo Xiao, University of Arizona Co-Author: Avi Goldfarb, University of Toronto |
14:15 - 16:15 |
CREDIT MARKETS IV (FIN)
Chairperson: John Krainer, Federal Reserve Bank of San Francisco |
Room 5A |
STRATEGIC ONLINE-BANKING ADOPTION
Ruben Hernandez, Federal Reserve Bank of St. Louis Co-Author: Gerard Llobet, CEMFI |
||
WHAT'S BANK REPUTATION WORTH? THE EFFECT OF FRAUD ON FINANCIAL
CONTRACTS AND INVESTMENT
Daniel Paravisini, Columbia University GSB Co-Author: Hannah Lin, IMF |
||
FINANCIAL INTEGRATION AND LIQUIDITY CRISES
Fabio Castiglionesi, Tilburg University Co-Authors: Fabio Feriozzi, Tilburg University and Guido Lorenzoni, MIT |
||
MORTGAGE DEFAULT AND MORTGAGE VALUATION
John Krainer, Federal Reserve Bank of San Francisco Co-Authors: Stephen LeRoy, University of California at Santa Barbara and Munpyung O, University of California at Santa Barbara |
14:15 - 16:15 |
TERM STRUCTURE MODELS I (FIN)
Chairperson: Torben Rasmussen, Aarhus University |
Room 5B |
AN ASSET PRICING APPROACH TO TESTING GENERAL TERM STRUCTURE
MODELS
INCLUDING HEATH-JARROW-MORTON SPECIFICATIONS AND AFFINE SUBCLASSES
Bent Jesper Christensen, University of Aarhus Co-Author: Michel Van der Wel, Erasmus University Rotterdam |
||
DYNAMIC ASSET PRICING FOR QUADRATIC JUMP-DIFFUSION PROCESSES
Weiping Li, Oklahoma State University |
||
TERM STRUCTURE OF INTEREST RATES IN A REGIME SWITCHING DYNAMIC
STOCHASTIC GENERAL EQUILIBRIUM MODEL
Srikanth Ramamurthy, Loyola University Co-Authors: Siddhartha Chib, Washington University in St. Louis and Kyu Ho Kang, Washington University in St. Louis |
||
EXPLOITING TERM STRUCTURE DYNAMICS IN IMMUNIZATION STRATEGIES
Torben Rasmussen, Aarhus University Co-Author: Bent Jesper Christensen, University of Aarhus and CREATES |
14:15 - 16:15 |
ASSET PRICING IV (FIN)
Chairperson: Peter DeMarzo, Stanford University |
Room 5C |
LIMITED ASSET MARKET PARTICIPATION AND THE VARIATION OF REAL RISK
PREMIA
Francisco Rivadeneyra, Bank of Canada |
||
A THEORY OF TRADING ON THE FX SINGLE-DEALER PLATFORM
Luca Gelsomini, IESEG School of Management Co-Author: Jonathan Cave, Department of Economics and CRETA, University of Warwick; RAND Europe |
||
ASSET RETURNS WITH EARNINGS MANAGEMENT
Sun Bo, Federal Reserve Board |
||
ENDOGENOUS INFORMATION FLOWS AND THE CLUSTERING OF ANNOUNCEMENTS
Peter DeMarzo, Stanford University Co-Authors: Viral Acharya, NYU and Ilan Kremer, Stanford University |
14:15 - 16:15 |
PRICING: THEORY I (IND)
Chairperson: Leonard J. Mirman, University of Virginia |
Room Gran Melia B3 |
AIRPORT CONGESTION PRICING AND PASSENGER TYPES
Achim I. Czerny, WHU - Otto Beisheim School of Management Co-Author: Anming Zhang, University of British Columbia, Sauder School of Business |
||
THE MARKET FOR SURPRISES: SELLING SUBSTITUTE GOODS THROUGH
LOTTERIES
Filippo Balestrieri, HP Labs Co-Author: Joao Leao, ISCTE |
||
ADD-ON PRICING, CONSUMER MYOPIA AND REGULATORY INTERVENTION
Ulrich Schuewer, Goethe-University Frankfurt Co-Author: Michael Kosfeld, Goethe-University Frankfurt |
||
THE SIGNALING ROLE OF PRICES: COURNOT
Leonard J. Mirman, University of Virginia Co-Authors: Wassim Daher, Gulf University for Science and Technology, Kuwait and Marc Santugini, HEC Montreal |
14:15 - 16:15 |
R&D AND INNOVATION: EMPIRICAL STUDIES (IND)
Chairperson: Pierre Mohnen, Maastricht University |
Room Gran Melia B4 |
INNOVATION POLICY REFORM
Tuomas Takalo, Bank of Finland and University of Jyv�skyl� Co-Authors: Tanja Tanayama, HECER and ETLA and Otto Toivanen, HECER and CEPR |
||
COMPETITION, PRODUCT AND PROCESS INNOVATION: AN EMPIRICAL
ANALYSIS
Carlos Daniel Santos, University of Alicante and Centre for Economic Performance |
||
MARKET STRUCTURE AND INNOVATION: A DYNAMIC ANALYSIS OF THE GLOBAL
AUTOMOBILE INDUSTRY
Aamir Hashmi, National University of Singapore Co-Author: Johannes Van Biesebroeck, K.U.Leuven |
||
ON THE LINK BETWEEN R&D, INNOVATION AND PRODUCTIVITY: PANEL
EVIDENCE FOR DUTCH AND FRENCH MANUFACTURING
Pierre Mohnen, Maastricht University Co-Authors: Jacques Mairesse, CREST, UNU-MERIT, NBER, Franz C. Palm, Maastricht University and Wladimir Raymond, Maastricht University |
14:15 - 16:15 |
INTERNATIONAL MACROECONOMICS III (INT)
Chairperson: Charles Ka Yui Leung, City University of Hong Kong |
Room 3A |
TRENDS IN INTERNATIONAL PRICES
Marios Zachariadis, University of Cyprus Co-Author: Philippe Adrade, Banque de France |
||
DOMESTIC OR GLOBAL IMBALANCES? RISING INEQUALITY AND THE FALL IN
THE US CURRENT ACCOUNT
Tobias Broer, IIES |
||
FOREIGN LENDERS IN EMERGING ECONOMIES
Minetti Raoul, Michigan State University Co-Author: Matteo Iacoviello, Boston College |
||
REAL ESTATE AND THE EXTERNAL FINANCE OF BUSINESS INVESTMENT: A
QUANTITATIVE DYNAMIC GENERAL EQUILIBRIUM ANALYSIS
Charles Ka Yui Leung, City University of Hong Kong Co-Authors: Yi Jin, Monash University and Zhixiong Zeng, Monash University |
14:15 - 16:15 |
INTERNATIONAL TRADE: FIRM-LEVEL EVIDENCE (INT)
Chairperson: Ferdinand Rauch, World Bank, University of Vienna, LSE |
Room 3E |
CHINESE COMPETITION AND THE QUALITY OF FRENCH EXPORTS
Julien Martin, CREST-INSEE & Paris School of Economics Co-Author: Isabelle Mejean, IMF, Ecole Polytechnique and CEPR |
||
QUALITY AND PRODUCTIVITY AS DETERMINANTS OF CHINESE FIRM EXPORT
DECISIONS
Mark Roberts, Pennsylvania State University Co-Authors: Xiaoyan Fan, Fudan University, Daniel Yi Xu, New York University and Shengxing Zhang, New York University |
||
THE DETERMINANTS OF VERTICAL INTEGRATION IN EXPORT PROCESSING:
THEORY AND EVIDENCE FROM CHINA
Ana Fernandes, University of Sussex Co-Author: Heiwai Tang, Tufts University |
||
TRADE AS ENGINE OF CREATIVE DESTRUCTION - THE MEXICAN EXPERIENCE
WITH CHINESE COMPETITION
Ferdinand Rauch, World Bank, University of Vienna, LSE Co-Authors: Leonardo Iacovone, World Bank and L. Alan Winters, University of Sussex |
14:15 - 16:15 |
AGGLOMERATION (INT)
Chairperson: Fr�d�ric Robert-Nicoud, University of Geneva |
Room 3G |
PLANTS AND PRODUCTIVITY IN REGIONAL AGGLOMERATION
Wen-Tai Hsu, Chinese University of Hong Kong Co-Authors: Thomas Holmes, University of Minnesota and Sanghoon Lee, Sauder School of Business, the University of British Columbia |
||
LOCATIONAL SIGNALING AND AGGLOMERATION
Chia-Ming Yu, Washington University in St. Louis Co-Author: Marcus Berliant, Washington University in St. Louis |
||
THE EFFECT OF CAPITAL FLOW ON THE AGGLOMERATION EVOLUTION OF
FOOTLOOSE ENTREPRENEURS
Shin-Kun Peng, Institute of Economics, Academia Sinica Co-Author: Ching-Mu Chen, Graduate Institute of Geography, National Taiwan University |
||
PRODUCTIVE CITIES: SORTING, SELECTION AND AGGLOMERATION
Fr�d�ric Robert-Nicoud, University of Geneva Co-Authors: Kristian Behrens, UQAM and Gilles Duranton, University of Toronto |
14:15 - 16:15 |
MARRIAGE AND THE FAMILY (LAB)
Chairperson: Maristella Botticini, Bocconi University |
Room Yellow River Hall |
DYNAMIC OPTIMIZATION IN MODELS FOR PANEL DATA: A COHORT PANEL
DATA MODEL OF THE EFFECTS OF DIVORCE LAWS ON DIVORCE RATES
Marjorie McElroy, Duke University Co-Authors: Tongyai Iyavarakul, Office of the National Economic and Social Development Board,Office of the Prime Minister, Bangkok, Thailand and Kalina Staub, Duke University |
||
PARENTAL CHOICES AND THE LABOR MARKET OUTCOME OF CHILDREN
Ari Kang, Carnegie Mellon University |
||
THE IMPACT OF SCHOOLING ON THE MARRIAGE AND FERTILITY OF TEENAGE
WOMEN: EVIDENCE FROM A CHANGE IN COMPULSORY SCHOOLING LAW IN TURKEY
Murat Kirdar, Middle East Technical University Co-Authors: Meltem Dayioglu, Middle East Technical University and Ismet Koc, Hacettepe University |
||
ARE THERE INCREASING RETURNS TO SCALE IN MARRIAGE MARKETS?
Maristella Botticini, Bocconi University Co-Author: Aloysius Siow, University of Toronto |
14:15 - 16:15 |
CONSUMER BEHAVIOUR (LAB)
Chairperson: Ernesto Villanueva, Bank of Spain |
Room 5I |
DURABLE PURCHASES OVER THE LIFE CYCLE
Melanie Luhrmann, Royal Holloway, University of London Co-Authors: Martin Browning, Oxford University and Thomas Crossley, University of Cambridge |
||
FROM INCOME TO CONSUMPTION:MEASURING HOUSEHOLDS PARTIAL INSURANCE
Jose Maria Casado, Banco de Espa�a |
||
INCOME SHOCKS AND INVESTMENTS IN HUMAN CAPITAL
Ginja Rita, University College London |
||
THE RESPONSE OF HOUSEHOLD WEALTH TO THE RISK OF LOSING THE JOB:
EVIDENCE FROM DIFFERENCES IN FIRING COSTS
Ernesto Villanueva, Bank of Spain Co-Author: Cristina Barcelo, Bank of Spain |
14:15 - 16:15 |
ECONOMICS OF EDUCATION (LAB)
Chairperson: Yinghua He, Columbia University |
Room 5J |
TIMING AND INCENTIVES: IMPACTS OF STUDENT AID ON ACADEMIC
ACHIEVEMENT
Juanna Joensen, Stockholm School of Economics |
||
LEARNING YOUR OWN ABILITY
Carlos Madeira, Central Bank of Chile |
||
INCOME TAXES, SUBSIDIES TO EDUCATION, AND INVESTMENTS IN HUMAN
CAPITAL
Tito Pietra, DSE, University of Bologna Co-Authors: Concetta Mendolicchio, IAB and Dimitri Paolini, CRENoS and DEIR, University of Sassari |
||
GAMING THE SCHOOL CHOICE MECHANISM
Yinghua He, Columbia University |
14:15 - 16:15 |
TAXATION AND MACROECONOMICS II (MAX)
Chairperson: Hubert Kempf, Banque de France and Paris School of Economics |
Room 3B |
ON THE TAXATION OF DIVIDENDS AND CAPITAL GAINS WHEN MARKETS ARE
INCOMPLETE
Eva Carceles, Stony Brook University Co-Authors: Alexios Anagnostopoulos, Stony Brook University and Danmo Lin, University of Maryland |
||
TAXING CAPITAL IS NOT A BAD IDEA INDEED: THE ROLE OF HUMAN
CAPITAL AND LABOR-MARKET FRICTIONS
Hung-Ju Chen, National Taiwan University |
||
UNEMPLOYMENT INSURANCE, HUMAN CAPITAL AND FINANCIAL MARKETS
Antonio Mele, Nuffield College and University of Oxford |
||
INSULATION IMPOSSIBLE: FISCAL SPILLOVERS IN A MONETARY UNION
Hubert Kempf, Banque de France and Paris School of Economics Co-Authors: Russell Cooper, European University Institute and Dan Peled, University of Haifa |
14:15 - 16:15 |
MONETARY POLICY III (MAX)
Chairperson: Marc Giannoni, Columbia University |
Room 3C |
COMPUTING OPTIMAL SUSTAINABLE MONETARY POLICY
Takeki Sunakawa, The Ohio State University and Bank of Japan |
||
MONETARY POLICY AND FINANCIAL STABILITY
Vu Dong, Georgetown University |
||
BANKING COMPETITION, COLLATERAL CONSTRAINTS AND OPTIMAL MONETARY
POLICY
Javier Andr�s, Universidad de Valencia Co-Authors: �scar Arce, CNMV and Carlos Thomas, Banco de Espa�a |
||
OPTIMAL TARGET CRITERIA FOR STABILIZATION POLICY
Marc Giannoni, Columbia University Co-Author: Michael Woodford, Columbia University |
14:15 - 16:15 |
CREDIT MARKETS I (MAX)
Chairperson: Sophie Osotimehin, CREST-INSEE and Paris School of Economics |
Room 3I |
INTEREST RATES AND DEFAULT IN UNSECURED LOAN MARKETS
Jose Angelo Divino, Catholic University of Brasilia Co-Authors: Edna Lima, Catholic University of Brasilia and Jaime Orrillo, Catholic University of Brasilia |
||
THE METHOD OF ENDOGENOUS GRIDPOINTS WITH OCCASIONALLY BINDING
CONSTRAINTS AMONG ENDOGENOUS VARIABLES
Winfried Koeniger, Queen Mary, University of London Co-Author: Thomas Hintermaier, Institute fo Advanced Studies Vienna (IHS) and University of Mannheim |
||
A MODEL OF TIERED SETTLEMENT NETWORKS
James Chapman, Bank of Canada Co-Authors: Jonathan Chiu, Bank of Canada and Miguel Molico, Bank of Canada |
||
ALL YOU NEED IS LOAN. THE ROLE OF CREDIT CONSTRAINTS ON THE
CLEANSING EFFECT OF RECESSIONS
Sophie Osotimehin, CREST-INSEE and Paris School of Economics Co-Author: Francesco Pappad�, Paris School of Economics |
14:15 - 16:15 |
ECONOMIC GROWTH: EXPLAINING CROSS-COUNTRY INCOME DIFFERENCES
(MAX)
Chairperson: Karlygash Kuralbayeva, University of Oxford |
Room 3J |
WHY ARE DEVELOPING COUNTRIES SO SLOW IN ADOPTING NEW
TECHNOLOGIES?
Raphael Bergoeing, Universidad de Chile Co-Authors: Norman Loayza, The World Bank and Facundo Piguillem, Einaudi Institute for Economics and Finance |
||
AN ACCOUNTING METHOD FOR ECONOMIC GROWTH
Hongchun Zhao, University of Southern California |
||
LIGHTNING, IT DIFFUSION AND ECONOMIC GROWTH ACROSS US STATES
Carl-Johan Dalgaard, University of Copenhagen |
||
DE-SPECIALIZATION, DUTCH DISEASE AND SECTORAL PRODUCTIVITY
DIFFERENCES
Karlygash Kuralbayeva, University of Oxford Co-Author: Radoslaw Stefanski, University of Oxford |
14:15 - 16:15 |
PUBLIC ECONOMICS: ENVIRONMENTAL ECONOMICS (PUB)
Chairperson: Zhe Li, Shanghai University of Finance and Economics |
Room 3H |
THE ENVIRONMENTAL EFFECT OF GREEN TAXATION: THE CASE OF THE
FRENCH "BONUS/MALUS"
Pauline Givord, CREST-INSEE Co-Authors: Xavier Boutin, CREST-INSEE and Xavier d'Haultfoeuille, CREST-INSEE |
||
GROWTH AND CONVERGENCE IN A MODEL WITH RENEWABLE AND
NON-RENEWABLE RESOURCES: EXISTENCE OF SOLUTIONS, TRANSITION, AND
EMPIRICAL EVIDENCE
Phu Nguyen-Van, BETA-CNRS, Universite de Strasbourg Co-Author: Manh Hung Nguyen, LERNA, INRA and Toulouse School of Economics |
||
TRADE AND ENVIRONMENTAL IMPACTS ON CLUSTERED MULTILATERAL
ENVIRONMENTAL AGREEMENTS
Christoph Jessberger, Ifo Institute for Economic Research Co-Authors: Peter Egger, ETH Zurich and Mario Larch, Ifo Institute for Economic Research |
||
PRODUCTIVITY DISPERSION AND ENVIRONMENTAL POLICIES
Zhe Li, Shanghai University of Finance and Economics Co-Author: Shouyong Shi, University of Toronto |
14:15 - 16:15 |
HEALTH AND DEVELOPMENT (DEV)
Chairperson: Lin Liu, University of Rochester |
Room Century Hall |
LEAD EXPOSURE AND ITS EFFECTS ON ACADEMIC ACHIEVEMENT: EVIDENCE
FROM AN INDUSTRIAL NEGLIGENCE
Sergio Urzua, Northwestern University Co-Authors: Tomas Rau, University of Chile and Loreto Reyes, University of Chile |
||
HOW DO HIGH-COST PATIENTS FARE UNDER THE GLOBAL BUDGET POLICY?
EVIDENCE FROM CHINA
Wei Wang, Stanford University |
||
SPILLOVER EFFECTS IN HEALTHCARE PROGRAMS: EVIDENCE ON SOCIAL
NORMS AND INFORMATION SHARING
Ciro Avitabile, CSEF, University of Naples "Federico II" |
||
INFECTIOUS DISEASES AND ECONOMIC GROWTH
Lin Liu, University of Rochester Co-Authors: Aditya Goenka, National University of Singapore and Manh Hung Nguyen, LERNA, INRA and Toulouse School of Economics |
14:15 - 16:15 |
HOUSEHOLD BEHAVIOR: LABOR (DEV)
Chairperson: Abla Safir, World Bank |
Room 3D |
OVEREMPLOYMENT, UNDEREMPLOYMENT AND THE OPPORTUNITY COST OF TIME:
BUILDING POLICY AGENDAS FOR DEVELOPING ECONOMIES
Thomas Barr�, CES - University of Paris Pantheon Sorbonne |
||
REFERRAL AND JOB PERFORMANCE: EVIDENCE FROM THE GHANA COLONIAL
ARMY
Alexander Moradi, University of Sussex Co-Author: Marcel Fafchamps, Oxford University |
||
EFFICIENCY OF MALE AND FEMALE ON-FARM LABOUR SUPPLY: EVIDENCE
FROM UGANDA
Jennifer Golan, University of Manchester Co-Authors: Martyn Andrews, University of Manchester and Jann Lay, University of Goettingen and GIGA |
||
COPING WITH AGGREGATE SHOCKS: TEMPORARY MIGRATION AND
OTHER LABOR RESPONSES TO CLIMATIC SHOCKS IN RURAL INDIA
Abla Safir, World Bank Co-Author: Reena Badiani, Yale University |
14:15 - 16:15 |
TIME SERIES (ECO)
Chairperson: Jiti Gao, The University of Adelaide |
Room Yangtze Hall |
GAUSSIAN INFERENCE IN GENERAL AR(1) MODELS BASED ON LONG
DIFFERENCE
Biing-Shen Kuo, National Chengchi University Co-Author: Jhih-Gang Chen, National Chengchi University |
||
A UNIFIED APPROACH TO VALIDATING UNIVARIATE AND MULTIVARIATE
CONDITIONAL DISTRIBUTION MODELS IN TIME SERIES
Bin Chen, University of Rochester Co-Author: Yongmiao Hong, Cornell University |
||
DENSITY FORECAST EVALUATION USING DATA-DRIVEN SMOOTH TEST
Yupeng Zhang, The Wang Yanan Institute for Studies in Economics, Xiamen University Co-Author: Park Sung Yong, The Wang Yanan Institute for Studies in Economics, Xiamen University |
||
SEMIPARAMETRIC ESTIMATION IN TIME SERIES SIMULTANEOUS EQUATIONS
MODELS
Jiti Gao, The University of Adelaide Co-Author: Peter Phillips, Yale University |
14:15 - 16:15 |
STRUCTURAL MODELS (ECO)
Chairperson: Aureo Paula, University of Pennsylvania |
Room 5D |
MATCHING WITH TRADE-OFFS: REVEALED PREFERENCES OVER COMPETING
CHARACTERISTICS
Alfred Galichon, Ecole polytechnique Co-Author: Bernard Salanie, Columbia University |
||
IDENTIFICATION OF STOCHASTIC SEQUENTIAL BARGAINING
Xun Tang, University of Pennsylvania Co-Author: Antonio Merlo, University of Pennsylvania |
||
CHOICE PROBABILITY GENERATING FUNCTIONS
Mogens Fosgerau, DTU, Denmark Co-Authors: Michel Bierlaire, EPFL and Daniel McFadden, University of California, Berkeley |
||
INFERENCE OF SIGNS OF INTERACTION EFFECTS IN SIMULTANEOUS GAMES
WITH INCOMPLETE INFORMATION
Aureo Paula, University of Pennsylvania Co-Author: Xun Tang, University of Pennsylvania |
14:15 - 16:15 |
FINANCIAL ECONOMETRICS I (ECO)
Chairperson: Paul Kattuman, Judge Business School, University of Cambridge |
Room 5E |
MODELLING MULTIVARIATE JOINT TAILS AND APPLICATION IN EXTREME
RISK SPILLOVERS BETWEEN BANKING SYSTEMS
Xiao Qin, Shanghai Jiao Tong University Co-Authors: Ruoen Ren, Beihang University and Richard Smith, University of North Carolina, Chapel Hill |
||
ASYMMETRIC STOCHASTIC CONDITIONAL DURATION MODEL -- A
MIXTURE-OF-NORMAL APPROACH
Dinghai Xu, University of Waterloo Co-Authors: John Knight, University of Western Ontario and Tony Wirjanto, University of Waterloo |
||
EFFICIENT ESTIMATION OF LEARNING MODELS
Veronika Czellar, HEC Paris Co-Author: Laurent Calvet, HEC Paris |
||
EMERGING MARKETS AND HEAVY TAILS
Paul Kattuman, Judge Business School, University of Cambridge Co-Authors: Rustam Ibragimov, Harvard University and Marat Ibragimov, Tashkent State University of Economics |
14:15 - 16:15 |
HYPOTHESIS TESTS II (ECO)
Chairperson: Pascale Valery, HEC Montreal |
Room 5F |
FINITE SAMPLE NONPARAMETRIC TESTS FOR LINEAR REGRESSIONS
Karl Schlag, Universitat Pompeu Fabra Co-Author: Olivier Gossner, Paris School of Economics |
||
A HYPOTHESIS TEST FOR MAXIMUM SCORE ESTIMATION
Walter Mayer, University of Mississippi Co-Author: Chen Wu, Black Hills State University |
||
ROBUST INFERENCE UNDER MOMENT RESTRICTIONS
Taisuke Otsu, Yale University Co-Author: Yuichi Kitamura, Yale University |
||
WALD-TYPE TESTS WHEN RANK CONDITIONS FAIL: A SMOOTH
REGULARIZATION APPROACH
Pascale Valery, HEC Montreal Co-Author: Jean-Marie Dufour, McGill University |
14:15 - 16:15 |
PANEL QUANTILE MODELS (ECO)
Chairperson: Geert Dhaene, KULeuven |
Room 5H |
SET IDENTIFICATION VIA QUANTILE RESTRICTIONS IN SHORT PANELS
Adam Rosen, University College London |
||
ASYMPTOTICS AND BOOTSTRAP INFERENCE FOR PANEL QUANTILE REGRESSION
MODELS WITH FIXED EFFECTS
Kengo Kato, Hiroshima University Co-Authors: Antonio Galvao, University of Wisconsin-Milwaukee and Gabriel Montes-Rojas, City University London |
||
PENALIZED QUANTILE REGRESSION FOR DYNAMIC PANEL DATA
Antonio Galvao, University of Wisconsin-Milwaukee Co-Author: Gabriel Montes-Rojas, City University London |
||
MEDIAN-BASED ESTIMATION OF DYNAMIC PANEL MODELS WITH FIXED
EFFECTS
Geert Dhaene, KULeuven Co-Author: Yu Zhu, University of Wisconsin |
14:15 - 16:15 |
TREATMENT EFFECTS II (ECO)
Chairperson: Frank Windmeijer, University of Bristol |
Room Pearl Hall |
DETECTING TREATMENT MISALLOCATION
Debopam Bhattacharya, University of Oxford |
||
TESTING THE CORRELATED RANDOM COEFFICIENT MODEL
Daniel Schmierer, University of Chicago Co-Authors: James Heckman, University of Chicago and Sergio Urzua, Northwestern University |
||
A FRAMEWORK FOR THE ANALYSIS OF TIME-VARYING TREATMENT EFFECTS:
HOW THE TIMING OF GRADE RETENTION AFFECTS OUTCOMES
Salvador Navarro, University of Wisconsin |
||
GENETIC MARKERS AS INSTRUMENTAL VARIABLES: AN APPLICATION TO
CHILD FAT MASS AND ACADEMIC ACHIEVEMENT
Frank Windmeijer, University of Bristol Co-Author: Carol Propper, Imperial College, CMPO University of Bristol, CEPR |
16:45 - 18:15 | PLENARY SESSION |
16:45 - 18:15 |
WALRAS-BOWLEY LECTURE
Chairperson: Richard Blundell, University College London |
Room Grand Ballroom |
THE EMPIRICAL IMPLICATIONS OF SELF-ENFORCEABLE CONTRACTS:
MEASURING STICKS AND CARROTS IN RURAL M�XICO
Orazio Attanasio, UCL |
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