These are 2008 AEA Conference Papers; please see also the full 2008 ASSA Preliminary Program Schedule. For Instructions to authors of Papers & Proceedings, see http://www.aeaweb.org/journals/aer/about-aer/papers-and-proceedings.
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Go to Author Index (Sorted by Name or by Affiliation) |
Friday, January 4, 8:00 AM
Friday, January 4, 8:00 AM |
Session: Better Living Through Economics: I (AEA) |
Presiding: John Siegfried (Vanderbilt University)
Using Economic Theory and Empirical Results to Improve the World We Live In Charles Plott (California Institute of Technology)
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Friday, January 4, 8:00 AM |
Session: Dynamic Bargaining and Coalition Formation (AEA) |
Presiding: Muhamet Yildiz (Massachusetts Institute of Technology)
Durability of Bargaining Power and Deadline Effect Alp Simsek (Massachusetts Institute of Technology) Muhamet Yildiz (Massachusetts Institute of Technology)
Bargaining With Arrival of New Traders William Fuchs (University of Chicago) Andrzej Skrzypacz (Stanford University Graduate School of Business) Download Full-Text of Paper
Coalition Formation in Nondemocracies Daron Acemoglu (Massachusetts Institute of Technology) Georgy Egorov (Harvard University) Konstantin Sonin (New Economic School) Download Full-Text of Paper
Fixed Deadline Multilateral Bargaining with Random Arrival Times Attila Ambrus (Harvard University) Shih-En Lu (Harvard University)
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Friday, January 4, 8:00 AM |
Session: The Economic Effects of Informal Care around the World (AEA) |
Presiding: Courtney van Houtven (Duke University)
The Effect Of Parental Caregiving On Adult Children's Health and Wealth Norma Coe (Tilburg University) Courtney van Houtven (Duke University)
Do Matching Transfers Provide a Tailor-made Solution to the LTC-SI in Germany? Evidence from Social Experiments in Germany Alexander Spearmann (ZEW-Centre for European Economic Research) Melanie Arntz (ZEW-Centre for European Economic Research) Stephan Thomsen (ZEW-Centre for European Economic Research)
Caring for Parents and Employment Status of European Mid-Life Women Laura Crespo (Centro de Estudios Monetarios y Financieros (CEMFI))
Informal Care and Employment in England: Evidence from the British Household Panel Survey Pierre-Carl Michaud (RAND Corporation) Axel Heitmueller (London Business School and Prime Minister's Strategy Unit)
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Friday, January 4, 8:00 AM |
Session: Asset Prices with Learning (AEA) |
Presiding: Klaus Adam (European Central Bank)
The Market Price of Risk and the Equity Premium: A Legacy of the Great Depression? Timothy Cogley (University of California, Davis) Thomas J. Sargent (New York University)
Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates Athanasios Orphanides (Central Bank of Cyprus) Min Wei (Federal Reserve Board) Download Full-Text of Paper
Can Perpetual Learning Explain the Forward Premium Puzzle? Avik Chakraborty (University of Tennessee) George Evans (University of Oregon) Download Full-Text of Paper
Stock Market Volatility and Learning Klaus Adam (European Central Bank) Albert Marcet (CREI, Pompeu Fabra, IAB) Juan Pablo Nicolini (Universidad Torcuato di Tella) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Technology Adoption in Developing Countries (AEA) |
Presiding: Dean Yang (University of Michigan)
Selection and Comparative Advantage in Technology Adoption Tavneet Suri (Massachusetts Institute of Technology)
Technology Adoption and Network Formation: Evidence from a Horticultural Credit and Export Program in Kenya Xavier Gine (World Bank) Nava Ashraf (Harvard University) Dean Karlan (Yale University)
Insurance, Credit, and Technology Adoption: Field Experimental Evidence from Malawi Dean Yang (University of Michigan) Xavier Gine (World Bank) Download Full-Text of Paper
Causes and Consequences of Indoor Air Pollution: A Randomized Intervention Study in Bangladesh A. Mushfiq Mobarak (University of Colorado) Grant Miller (Stanford University) Lynn Hildemann (Stanford University)
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Friday, January 4, 8:00 AM |
Session: Dynamic Tradeoffs in Health Care Decisions (AEA) |
Presiding: Hanming Fang (Yale University)
Social Smoking versus Addiction Jerome Adda (University College London, UK)
The Impact of Unemployment on Health Investments and Risky Behaviors John Cawley (Cornell University) Feng Liu (Cornell University)
Dynamic Inefficiencies in Health Care Markets Hanming Fang (Yale University) Alessandro Gavazza (Yale University)
Time Preference, Time Discounting, and Smoking Decisions Ahmed Khwaja (Duke University) Dan Silverman (University of Michigan) Frank Sloan (Duke University) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Marriage Markets: Theory and Empirics (AEA) |
Presiding: Christopher Flinn (New York University)
Social Norms and Demographic Shocks: Marriage Markets and Dowries in Medieval Tuscany Maristella Botticini (University of Torino)
Are Working Women Good for Marriage? Zvika Neeman (Boston University) Andrew Newman (Boston University) Claudia Olivetti (Boston University)
Household Time Allocation and Modes of Behavior: A Theory of Sorts Daniela Del Boca (Univeristy of Torino) Christopher Flinn (New York University) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Neural Foundations of Simple Economic Decision Making (AEA) |
Presiding: Antonio Rangel (California Institute of Technology)
Neural Predictors of Purchases Brian Knutson (Stanford University) Scott Rick (Carnegie Mellon University) Elliott Wimmer (Stanford University) Drazen Prelec (Massachusetts Institute of Technology) George Loewenstein (Carnegie Mellon University)
The Neural Basis for the Computation of Decision Values in Simple Economic Choice Hilke Plassman (California Institute of Technology) John O'Doherty (California Institute of Technology) Antonio Rangel (California Institute of Technology)
Losses loom larger than gains on the brain: The Neural Basis of loss aversion in decision making under risk Craig Fox (University of California, Los Angeles) Sabrina Tom (University of California, Los Angeles) Chrisopher Trepel (University of California, Los Angeles) Russell Poldrack (University of California, Los Angeles) Download Full-Text of Paper
Neural Mechanisms Underlying Temptation and Control David Laibson (Harvard University) Samuel McClure (Princeton University) Dan Ariely (Massachusetts Institute of Technology) Jonathan Cohen (Princeton University)
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Friday, January 4, 8:00 AM |
Session: New Evidence on the Great Moderation of US Business Cycle volatility (AEA) |
Presiding: Giorgio Primiceri (Northwestern University)
VAR Analysis and the Great Moderation Luca Benati (European Central Bank) Paolo Surico (Bank of England) Download Full-Text of Paper
First Time Home Buyers and Residential Investment Volatility Jonas Fisher (Federal Reserve Bank of Chicago) Martin Gervais (University Western Ontario)
Has the Federal Reserve's Inflation Target Changed? Zheng Liu (Emory University) Daniel Waggoner (Federal Reserve Bank of Atlanta) Tao Zha (Federal Reserve Bank of Atlanta) Download Full-Text of Paper
How Structural are Structural Parameters? Time-Varying Parameters and the Great Moderation Jesus Fernandez-Villaverde (University of Pennsylvania) Juan Rubio-Ramirez (Duke University)
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Friday, January 4, 8:00 AM |
Session: Macroeconomic News and Financial Markets (AEA) |
Presiding: Samuel Reynard (Swiss National Bank)
Strategic Order Flow in On-the-Run and Off-the-Run Bond Markets Paolo Pasquariello (University of Michigan) Clara Vega (Federal Reserve Board)
Using Intraday Data to Gauge Financial Market Responses to Fed and ECB Monetary Policy Decisions Magnus Andersson (European Central Bank) Download Full-Text of Paper
Global Asset Prices and FOMC Announcements Joshua Hausman (Federal Reserve Board) Jon Wongswan (Federal Reserve Board)
Monetary Policy, Expectations, and Financial Markets Angelo Ranaldo (Swiss National Bank) Samuel Reynard (Swiss National Bank)
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Friday, January 4, 8:00 AM |
Session: A Historical Perspective on Money and Payment Systems (AEA) |
Presiding: Nathan Sussman (Hebrew University)
The Evolution of the Check as a Means of Payment: a Historical Survey Stephen Quinn (Texas Christian University) William Roberds (Federal Reserve Bank of Atlanta) Download Full-Text of Paper
The 'Kipper- und Wipperzeit' and the Origin of Central Banks Isabel Schnabel (Max Planck Institute for Research on Collective Goods, Bonn) Hyun Shin (Princeton University) Download Full-Text of Paper
Coin Inspection Technology and Commodity Money Vincent Bignon (University of Paris 10 at Nanterre & Sciences-Po) Richard Dutu (University of Waikato, New Zealand) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: The Economic Geography of Trade and Production (AEA) |
Presiding: Stephen Redding (London School of Economics)
The Productivity Advantages of Large Cities: Distinguishing Agglomeration from Firm Selection Gilles Duranton (University of Toronto) Pierre-Philippe Combes (University of Aix-Marseille) Laurent Gobillon (Institut National d'Etudes Demographiques) Diego Puga (Universitat Pompeu Fabra) Sebastien Roux (Institut National de la Statistique et des Etudes Economiques) Download Full-Text of Paper
Multiple Equilibria in Industrial Location: Evidence from German Airports Stephen Redding (London School of Economics) Daniel Sturm (London School of Economics) Nikolaus Wolf (University of Warwick)
The Long Term Consequences of Regional Specialization Guy Michaels (London School of Economics) Download Full-Text of Paper
The productivity, trade and institutional quality nexus: a panel analysis Eleanor Doyle (Department of Economics, University College Cork, Ireland) Inmaculada Martinez-Zarzoso (Ibero Amerika Institute for Economic Research, University of Goettingen, Germany and Department of Economics, Universitate Jaume I, Castellon, Spain) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Taxes and Factor Mobility (AEA) |
Presiding: Alicia Menendez (University of Chicago)
Taxes and Employment Subsidies in Optimal Redistribution Programs Paul Beaudry (University of British Columbia) Charles Blackorby (University of Warwick) Dezsoe Szalay (University of Warwick) Download Full-Text of Paper
Tax Competition Among U.S. States: Racing to the Bottom or Riding on a Seesaw? Robert Chirinko (University of Illinois at Chicago and CESifo) Daniel Wilson (Federal Reserve Bank of San Francisco) Download Full-Text of Paper
Institutions, Informality, and Wage Flexibility Marcello Estevao (International Monetary Fund)
The Impact of Payroll Taxes upon Employment, Wages, the Unemployment Rate and Informality -- Theory and Simulations for Colombia Donald Robbins (University of Antioquia, Medellin, Colombia) Daniel Salinas (University of Antioquia, Colombia) Edison Ruiz (University of Antioquia, Colombia) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Job and Occupational Mobility (AEA) |
Presiding: Giuseppe Moscarini (Yale University)
Firm vs. Occupation in Labor Markets: A Cross Analysis of Wage, Mobility, and Promotion Illoong Kwon (SUNY Albany) Eva Meyersson Milgrom (Stanford University) Download Full-Text of Paper
Big Fish in Small Pond or Small Fish in Big Pond? Money and Status in the Labor Market Ana Rute Cardoso (IZA Bonn) Download Full-Text of Paper
Separation Costs and Stochastic Productivity in a Matching Model of Job Turnover Ioana Marinescu (University of Chicago) Download Full-Text of Paper
Occupational Mobility and the Business Cycle Giuseppe Moscarini (Yale University) Francis Vella (Georgetown University, Department of Economics)
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Friday, January 4, 8:00 AM |
Session: Assessment of Economics in U.S. High Schools and Undergraduate Programs (AEA) |
Presiding: Wendy A. Stock (Montana University)
The National Assessment of Educational Progress in Economics: Findings for General Economics William Walstad (University of Nebraska-Lincoln) Stephen Buckles (Vanderbilt University) Download Full-Text of Paper
The Fourth Edition of the Test of Understanding of College Economics William Walstad (University of Nebraska-Lincoln) Kenneth Rebeck (St. Cloud State University) Download Full-Text of Paper
Assessment Practices and Trends in Undergraduate Economics Courses Georg Schaur (University of Tennessee-Knoxville) William Becker (Indiana University)
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Friday, January 4, 8:00 AM |
Session: Firm Heterogeneity and International Trade (AEA) |
Presiding: Kala Krishna (Pennsylvania State University)
Endogenous Variety and the Gains from Trade Andres Rodriguez-Clare (Pennsylvania State University) Svetlana Demidova (University of Georgia) Peter J. Klenow (Stanford University) Konstantinos Arkolakis (Yale University) Download Full-Text of Paper
Firm Heterogeneity and Export Activity: Investments in R&D of Taiwanese Firms Bee-Yan Roberts (Pennsylvania State University) Mark Roberts (The Pennsylvania State University) Daniel Xu (New York University)
Trade Policy Differences and Firm Characteristics: Evidence from Bangladesh Hiau Looi Kee (World Bank) Kala Krishna (Pennsylvania State University)
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Friday, January 4, 8:00 AM |
Session: Understanding School Performance (AEA) |
Presiding: Richard Murnane (Harvard University)
School Quality and the Black-White Achievement Gap Eric Hanushek (Stanford University) Steven Rivkin (Amherst College)
Are Public Sector CEOs Different? Leadership Wages and Performance in Schools Timothy Besley (London School of Economics) Stephen Machin (University College London)
Pupil-Teacher Gender Interaction Effects on Scholastic Outcomes in England and the USA Andreas Ammermueller (Centre for European Economic Research (ZEW), Germany) Peter Dolton (Royal Holloway College)
Am I missing Something? The effects of absence from class on student performance Wiji Arulampalam (University of Warwick) Jeremy Smith (University of Warwick) Robin Naylor (University of Warwick) Download Full-Text of Paper
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Friday, January 4, 8:00 AM |
Session: Marriage and Motherhood in Developing Countries (AEA) |
Presiding: Nancy Qian (Brown University)
Motherhood and Female Labor Force Participation: Evidence from Infertility Shocks Jorge M. Aguero (University of California, Riverside) Mindy Marks (University of California-Riverside) Download Full-Text of Paper
Prostitutes and Brides Manisha Shah (University of Melbourne) Raj Arunachalam (University of Melbourne)
Stress and Birth Outcomes: Evidence from terrorist attacks Adriana Camacho (Brown University) Download Full-Text of Paper
Work and Marriage: Child Labor, Marriage Matches, and Bride Prices in Rural Tanzania Rajeev Dehejia (Tufts University and NBER) Kathleen Beegle (World Bank) Roberta Gatti (World Bank and CPER) Download Full-Text of Paper
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Friday, January 4, 10:15 AM
Friday, January 4, 10:15 AM |
Session: Toward the Microtheory of Entrepreneurship (AEA) |
Presiding: Robert Strom (Ewing Marion Kauffman Foundation)
Entrepreneurs in the Theory of the Firm Daniel Spulber (Northwestern University) Download Full-Text of Paper
The Knowledge Spillover Theory of Entrepreneurship David Audretsch (Indiana University & Max Planck Institute)
Entrepreneurial Activities: A Microeconomic Analysis Vincy Fon (George Washington University) Ying Lowrey (U.S. Small Business Administration & George Washington University) Download Full-Text of Paper
Entrepreneurship and Innovation: The (Micro) Theory of Price and Profit William Baumol (New York University) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Convergence in Macroeconomics? (AEA) |
Presiding: Olivier Blanchard (Massachusetts Institute of Technology)
Convergence in macroeconomics? Ricardo Caballero (Massachusetts Institute of Technology)
Convergence in macroeconomics? Patrick Kehoe (Minnesota)
Convergence in macroeconomics? Robert Shimer (University of Chicago)
Convergence in macroeconomics? Michael Woodford (Columbia University)
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Friday, January 4, 10:15 AM |
Session: Learning from your Colleagues? Theory and Evidence (AEA) |
Presiding: Edward Glaeser (Harvard University)
Are Elite Universities Losing their Competitive Edge? Han Kim (University of Michigan) Adair Morse (University of Chicago) Luigi Zingales (University of Chicago) Download Full-Text of Paper
Superstar Extinction Pierre Azoulay (Massachusetts Institute of Technology and NBER) Joshua Zivin (Columbia Universityand NBER) Jialan Wang (Massachusetts Institute of Technology) Download Full-Text of Paper
Geography and Innovation: Evidence from Nobel Laureate Scientists Bruce Weinberg (Ohio State University)
First in Village or Second in Rome Ettore Damiano (University of Toronto) Hao Li (University of Toronto) Wing Suen (University of Hong Kong) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Economics of Traffic Safety: Children, Teenagers and the Elderly (AEA) |
Presiding: Steve Levitt (University of Chicago)
Evaluating the Effectiveness of Child Safety Seats and Seat Belts in Protecting Children from Injury Steve Levitt (University of Chicago) Joseph Doyle (Massachusetts Institute of Technology) Download Full-Text of Paper
Behavioral Impact of Graduated Driver Licensing on Teenage Driving Risk and Exposure Pinar Karaca-Mandic (University of Minnesota) Greg Ridgeway (RAND Corporation) Download Full-Text of Paper
Traffic Safety, Organ Donations and the Theory of the Second Best Thomas Dee (Swarthmore College)
Estimating the Accident Risk of Older Drivers David Loughran (RAND Corporation) Seth Seabury (RAND Corporation) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Globalization and International Labor Mobility (AEA) |
Presiding: John McLaren (University of Virginia)
The Globalization of Household Production Michael Kremer (Harvard University, Brookings Institution, Center for Global Development, and NBER) Stanley Watt (International Monetary Fund)
Workers Without Borders? Culture, Migration and the Political Limits to Globalization Sanjay Jain (University of Virginia) Sharun Mukand (Tufts University)
International Migration Policy Gordon Hanson (University of California, San Diego and NBER)
Endogenous Migration Policy Through Majority Voting: An Empirical Investigation Giovanni Facchini (University of Illinois at Urbana Champaign, Universita' degli Studi di Milano and CEPR) Anna Maria Mayda (Georgetown University, CEPR and IZA)
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Friday, January 4, 10:15 AM |
Session: Charitable Contributions -Theory and Experimental Evidence (AEA) |
Presiding: John List (University of Chicago)
An Experimental Test of the Impure Altruism Model of Giving Lise Vesterlund (University of Pittsburgh) Mark Wilhelm (Indiana University Purdue University-Indianapolis) Huan Xie (University of Pittsburgh)
Keeping Up with the Joneses: The Relationship between Norms, Social Information and Subsequent Charitable Giving Rachel Croson (Wharton, University of Pennsylvania) Femida Handy (School of Social Work, University of Pennsylvania) Jen Shang (Center on Philanthropy, Indiana University)
Neural responses to taxation and money predict charitable giving William Harbaugh (University of Oregon)
To whom to give or not to give - On the Interaction of fundraising activities of charities Andreas Lange (University of Maryland)
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Friday, January 4, 10:15 AM |
Session: Salience and Taxation (AEA) |
Presiding: Amy Finkelstein (Massachusetts Institute of Technology)
Salience and Taxation: Theory and Evidence Raj Chetty (University of California, Berkeley) Adam Looney (Federal Reserve Board) Kory Kroft (University of California, Berkeley) Download Full-Text of Paper
E-Z Tax: Tax Salience and Tax Rates Amy Finkelstein (Massachusetts Institute of Technology and NBER) Download Full-Text of Paper
Schmeduling Jeffrey Liebman (Harvard University) Richard Zeckhauser (Harvard KSG)
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Friday, January 4, 10:15 AM |
Session: Inferring Labor Income Risk from Economic Choices: New Developments (AEA) |
Presiding: Richard Blundell (University College London)
Separating Heterogeneity from Uncertainty in an Incomplete-Market Economy Flavio Cunha (University of Chicago) James Heckman (University of Chicago) Salvador Navarro (University of Wisconsin at Madison)
Inferring Labor Income Risk from Economic Choices: An Indirect Inference Approach Fatih Guvenen (University of Texas at Austin) Anthony Smith (Yale University)
Income Risk and Consumption Inequality: The Role of Market Structure, Labour Supply and Durables Orazio Attanasio (University College London) Richard Blundell (University College London)
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Friday, January 4, 10:15 AM |
Session: Matching Markets (AEA) |
Presiding: Lones Smith (University of Michigan)
What Matchings Can Be Stable? The Testable Implications of Matching Theory. Federico Echenique (California Institute of Technology) Download Full-Text of Paper
Interviewing in Two-Sided Matching Markets Robin Lee (Harvard Business School) Michael Schwarz (Yahoo! Research and NBER) Download Full-Text of Paper
Two-Sided Matching with Interdependent Values Michael Ostrovsky (Stanford University Graduate School of Business) Archishman Chakraborty (Baruch College, CUNY) Alessandro Citanna (HEC – Paris) Download Full-Text of Paper
Contagious Matching Games Lones Smith (University of Michigan)
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Friday, January 4, 10:15 AM |
Session: Technological Change, Educational Returns, and Earnings Inequality: The Experience of Growing Asian Economies (AEA) |
Presiding: Richard Freeman (Harvard University)
Explaining Rising Return to Education in Urban China in the 1990s Xuejun Liu (Beijing Normal University) Albert Park (Oxford University) Yaohui Zhao (Peking University) Download Full-Text of Paper
The Stable Wage Distribution in Japan 1982-2002: A Counter Example for SBTC? Daiji Kawaguchi (Hitotsubashi University) Yuko Mori (Hitotsubashi University) Download Full-Text of Paper
Technological Change and Returns to Education: Implications for the S&E Labor Market Jin Hwa Jung (Seoul National University) Kang-Shik Choi (Yonsei University) Download Full-Text of Paper
Why Graduates Can't Find Jobs in a Soaring Economy: Rent-Seeking Migration of College-Educated Young Workers in China Tao Li (Shanghai University of Finance and Economics) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Micro-evidence of Corruption in Emerging Economies (AEA) |
Presiding: Fred Finnan (University of California-Los Angeles)
Is There Penalty For Crime? Corporate Scandal and Management Turnover in China Peng Sun (Peking University) Yi Zhang (Peking University)
Exposing Corrupt Politicians: The Effects of Brazil's Publicly Released Audits on Electoral Outcomes Frederico Finan (University of California, Los Angeles) Claudio Ferraz (IPEA)
Profiting from Gaizhi:Management Buyouts During China's Privatization Susan Feng Lu (Kellogg School of Management, Northwestern University) David Dranove (Kellogg School of Management, Northwestern University) Download Full-Text of Paper
Is Vote Buying Effective? Evidence from a Field Experiment in West Africa Pedro Vicente (University of Oxford) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Reform: For Better or for Worse? (AEA) |
Presiding: Gene Grossman (Princeton University)
Parallel Imports and Price Controls Gene Grossman (Princeton University) Edwin Lai (Federal Reserve Bank of Dallas) Download Full-Text of Paper
Labor Reallocation in Response to Trade Reform Naercio Menezes (IBMEC Sao Paulo) Marc-Andreas Muendler (University of California, San Diego)
Trade and Wages Revisited: The Effect of China's MFN Status on the Skill Premium in U.S. Manufacturing Ivan Kandilov (North Carolina State University) Download Full-Text of Paper
Reward and Punishment under The Byrd Amendment Benjamin Liebman (Saint Joseph's University) Kasaundra Tomlin (Oakland University)
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Friday, January 4, 10:15 AM |
Session: New Models of International Business Cycles (AEA) |
Presiding: Paolo Presenti (Federal Reserve Bank of New York)
A New Open-Macro Interpretation of International Fluctuations Soyoung Kim (Korea University) Jaewoo Lee (International Monetary Fund)
Information Immobility and the Home Bias Puzzle Laura Veldkamp (New York University) Stijn Van Nieuwerburgh (New York University) Download Full-Text of Paper
The Long Run Determinants of the US External Imbalances Andrea Ferrero (Federal Reserve Bank of New York) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Design and Reform of Institutions in LDCs and Transition Economies (AEA) |
Presiding: Avinash Dixit (Princeton University)
Institutions: Top Down or Bottom Up? William Easterly (New York University)
Heterodox Reform Dani Rodrik (Harvard University)
Self-enforcing Constitutions and Economic Prosperity Avner Greif (Stanford University) Yadira Gonzalez de Lara (Stanford University and University of Alicante) Saumitra Jha (Harvard University) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Expertise and Macroeconomic Policy (AEA) |
Presiding: Donald L. Kohn (Federal Reserve Board)
Amateurs versus Experts in Monetary Policy Timothy Besley (London School of Economics)
Does Leadership Produce Better Monetary Policy? An Experimental Study Alan Blinder (Princeton University) John Morgan (University of California-Berkeley)
The FOMC vs. the Staff: Where Can Monetary Policymakers Add Value? Christina D. Romer (University of California-Berkeley) David H. Romer (University of California-Berkeley) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Rare Disasters and Asset Markets (AEA) |
Presiding: John Campbell (Harvard University)
Consumption Disasters in the 20th Century Robert Barro (Harvard University) Jose Ursua (Harvard University)
Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-Finance Xavier Gabaix (New York University and NBER) Download Full-Text of Paper
Disasters and Recoveries Francois Gourio (Boston University) Download Full-Text of Paper
Consumption-based Asset Pricing with Higher Cumulants Ian Martin (Harvard University) Download Full-Text of Paper
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Friday, January 4, 10:15 AM |
Session: Globalization and Its Impact on Workers (AEA) |
Presiding: Steven Davis (University of Chicago and American Enterprise Institute)
Taxes and Wages Kevin Hassett (American Enterprise Institute) Aparna Mathur (American Enterprise Institute)
What Happened to Employment Stability in America? Steven Davis (University of Chicago and American Enterprise Institute)
Measuring the Scale and Scope of Services Trade J. Bradford Jensen (Peterson Institute) Lori G. Kletzer (University of California-Santa Cruz)
Are Globalization and Labor Standards Antipodes? Richard Freeman (Harvard University)
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Friday, January 4, 10:15 AM |
Session: Political Economy in Developing Countries: Evidence from India (AEA) |
Presiding: Padma Desai (Columbia University)
Gains from a Redrawing of Political Boundaries: Evidence from State Reorganization in India Rajashri Chakrabarti (Federal Reserve Bank of New York) Joydeep Roy (Georgetown University and Economic Policy Institute)
Mandated Political Representation and Public Good Provision in India Nandini Krishnan (Boston University)
Segregation, Rent Control and Riots: The Economics of Religious Conflict in an Indian City Sujata Visaria (Boston University) Erica Field (Harvard University) Rohini Pande (Harvard University) Matthew Levinson (Harvard University) Download Full-Text of Paper
Traveling Agents: Political Change and Bureaucratic Turnover in India Lakshmi Iyer (Harvard Business School) Anandi Mani (Boston University)
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Friday, January 4, 10:15 AM |
Session: Research on Undergraduate Economics Courses and Majors (AEA) |
Presiding: Michael Watts (Purdue University)
35,000 Principles Students: Some Lessons Learned Kenneth G. Elzinga (University of Virginia) Daniel Melaugh (Credit Suisse Securities) Download Full-Text of Paper
Assessing A Proficiency Based Economics Program: Weathering The Perfect Storm While Thriving In A New Environment Steven C. Myers (University of Akron) Michael A. Nelson (University of Akron) Richard W. Stratton (University of Akron) Download Full-Text of Paper
The Economics Classroom without Grades: Promoting a Learning Environment by De-emphasizing Grades Lester Hadsell (State University of New York, Albany)
The Impact of Aplia on Student Performance in Intermediate Microeconomics Courses William P. O'dea (State University of New York, Oneonta) David W. Ring (State University of New York-Oneonta)
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Friday, January 4, 10:15 AM |
Session: Macroeconomic Factors Impacting Poverty and Income Distribution among African Americans (AEA/NEA) |
Presiding: Gary A. Hoover (University of Alabama)
The Impact of Monetary Policy on the Duration and Type of Unemployment by Race and Sex William M. Rodgers III (Rutgers University)
Income, Family Structure, and Poverty Among African Americans Rebecca M. Blank (University of Michigan) David Card (University of California, Berkeley)
Poverty Volatility and Macroeconomic Quiescence Philip N. Jefferson (Swarthmore College)
Non-White Poverty and the Macroeconomy: The Impact of Growth Gary A. Hoover (University of Alabama) Walter Enders (University of Alabama) Donald G. Freeman (Sam Houston State University)
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Friday, January 4, 2:30 PM
Friday, January 4, 2:30 PM |
Session: Better Living Through Economics: II (AEA) |
Presiding: John Siegfried (Vanderbilt University)
The Greatest Auction in History Preston McAfee (California Institute of Tech.) Simon Wilkie (University of Southern California) John McMillan (Stanford University) Download Full-Text of Paper
Market Design Al Roth (Harvard University)
Air Transportation Deregulation Elizabeth Bailey (University of Pennsylvania) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Firm Dynamics (AEA) |
Presiding: Stephen Redding (London School of Economics)
Creative Destruction in Industries Boyan Jovanovic (New York University) Chung-Yi Tse (University of Hong Kong) Download Full-Text of Paper
On the Mechanics of Firm Growth Erzo Luttmer (University of Minnesota) Download Full-Text of Paper
Spin-offs and the Market for Ideas Esteban Rossi-Hansberg (Princeton University) Satyajit Chatterjee (Federal Reserve Bank of Philadelphia) Download Full-Text of Paper
Multi-product Firms and Product Switching Andrew Bernard (Tuck School of Business at Dartmouth) Peter Schott (Yale School of Management) Stephen Redding (London School of Economics) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Firm Size & Innovation: Solving Schumpeter's Innovation Riddle (AEA) |
Presiding: Richard Nelson (Columbia University)
Firm Size and Innovation: Evidence from European Panel Data John Van Reenen (London School of Economics) Sharon Belenzon (Oxford University)
The Knowledge Spillover Theory of Entrepreneurship and Economic Growth David Audretsch (Indiana University & Max Planck Institute) Max Keilbach (Max Planck Institute) Download Full-Text of Paper
Innovation by SMEs &Large Firms: Sector Structure and Dynamics Wilfred Dolfsma (Utrecht School of Economics) Gerben van der Panne (Delft University of Technology) Download Full-Text of Paper
Innovation and Institutional Ownership Philippe Aghion (Harvard University) John Van Reenen (London School of Economics) Luigi Zingales (University of Chicago Graduate School of Business) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: The Economics of Ethnic Identity and Assimilation (AEA) |
Presiding: Lisa M. Lynch (Tufts University)
The Economic Determinants of Ethnic Assimilation Carmel U. Chiswick (University of Illinois at Chicago and IZA) Download Full-Text of Paper
Immigrants Assimilate as Communities, Not Just as Individuals Timothy J. Hatton (Australian National University) Andrew Leigh (Australian National University) Download Full-Text of Paper
Measuring Ethnic Identity and Its Impact on Economic Behavior Amelie Constant (Georgetown University) Klaus F. Zimmermann (IZA and Bonn University) Download Full-Text of Paper
The International Asian Business Success Story: A Comparison of Chinese, Indian, and Other Asian Businesses in the United States, Canada and United Kingdom Robert W. Fairlie (University of California, Santa Cruz) Julie Zissimopoulos (RAND Corporation) Harry Krashinsky (University of Toronto) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Prediction Markets -- New Empirical Findings (AEA) |
Presiding: Eric Zitzewitz (Stanford University Graduate School of Business)
Prediction Markets Inside the Firm: Evidence From Google Bo Cowgill (Google) Justin Wolfers (University of Pennsylvania, Wharton Business School) Eric Zitzewitz (Stanford University Graduate School of Business)
Predicting Flu: Prediction Markets vs. Biostatistical Models Forrest Nelson (University of Iowa) Philip Polgreen (University of Iowa) George Neumann ()
Is Liquidity Related to Prediction Market Efficiency? Paul Tetlock (University of Texas at Austin) Download Full-Text of Paper
Testing the Efficiency of Markets in the 2002 World Cup Ricard Gil (University of California, Santa Cruz) Steven Levitt (University of Chicago)
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Friday, January 4, 2:30 PM |
Session: Consumer Bankruptcy and the Credit Market (AEA) |
Presiding: Michelle White (University of California-San Diego)
Accounting for the Rise in Consumer Bankruptcies Igor Livshits (University of Western Ontario) James MacGee (University of Western Ontario) Michele Tertilt (Stanford University)
Student Debt and Bankruptcy Sean Campbell (Federal Reserve Board) Karen Pence (Federal Reserve Board)
Relationship Lending and Bankruptcy: Evidence from the Consumer Credit Market Sumit Agarwal (Federal Reserve Bank of Chicago) Souphala Chomsisengphet (U.S. Office of the Comptroller of the Currency) Chunlin Liu (University of Nevada-Reno) Nicholas Souleles (University of Pennsylvania)
Personal Bankruptcy and Credit Market Competition Astrid Dick (Federal Reserve Bank of New York) Andreas Lehnert (Federal Reserve Board)
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Friday, January 4, 2:30 PM |
Session: Disaster Economics: A Roundtable on Climate Change, Hurricane Katrina and Related Issues (AEA) |
Presiding: James K. Galbraith (The University of Texas at Austin and Economists for Peace and Security)
TBA Paul Krugman (Princeton University)
TBA Joseph Stiglitz (Columbia University)
Providing Protection Against Natural Disasters in the 21st Century Howard Kunreuther (University of Pennsylvania) Download Full-Text of Paper
Risk, Inequality and the Economics of Disaster Marcellus Andrews (Barnard College) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: International Reserves (AEA) |
Presiding: Ricardo Caballero (Massachusetts Institute of Technology)
Financial versus Monetary Mercantilism -- Long-run View of Large International Reserves Hoarding Joshua Aizenman (University of California, Santa Cruz) Jaewoo Lee (International Monetary Fund) Download Full-Text of Paper
International Reserves in Emerging Market Countries: Too Much of a Good Thing? Olivier Jeanne (International Monetary Fund)
The Cost of Reserves Eduardo Levy Yeyati (Universidad Di Tella) Download Full-Text of Paper
Allocation of International Reserves Across Asset Classes Richard Portes (London Business School) Elias Papaioannou (European Central Bank) Grigorios Siourounis (London Business School)
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Friday, January 4, 2:30 PM |
Session: Directed Search Models of Labor and Consumer Product Markets (AEA) |
Presiding: Michael Peters (University of British Columbia)
Directed Search for Equilibrium Wage-Tenure Contracts Shouyong Shi (University of Toronto) Download Full-Text of Paper
Unobservable Heterogeneity in Directed Search Michael Peters (University of British Columbia) Download Full-Text of Paper
The Sorting Effect of Price Competition Jan Eeckhout (University of Pennsylvania) Philipp Kircher (University of Pennsylvania)
Efficiency of Simultaneous Search Philipp Kircher (University of Pennsylvania)
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Friday, January 4, 2:30 PM |
Session: Health and Development (AEA) |
Presiding: Simon Johnson (Massachusetts Institute of Technology)
Diseases and Development Shankha Chakraborty (University of Oregon) Chris Papageorgiou (International Monetary Fund) Fidel Perez-Sebastian (University of Alicante, Spain)
Direct and Indirect Impacts of Community Based Health Interventions: Evidence from Brazil's Family Health Prorgam Romero Rocha (Pontifícia Universidade Católica do Rio de Janeiro) Rodrigo Soares (University of Maryland and NBER)
The Economic Effects of Micronutrient Deficiency: Evidence from Salt Iodization in the United States James Feyrer (Dartmouth College) Dimitra Politi (Brown University) David Weil (Brown University and NBER)
Mortality Risk and Human Capital Investment: The Impact of HIV/AIDS in Sub-Saharan Africa Jane Fortson (University of Chicago) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Monetary Policy and Inflation Targeting (AEA) |
Presiding: Ann Owens (Hamilton College)
Monetary Policy Analysis with Potentially Misspecified Models Marco Del Negro (Federal Reserve Bank of New York) Frank Schorfheide (University of Pennsylvania, NBER, CEPR) Download Full-Text of Paper
A Case Against Explicit Inflation Targeting Jerry Tempelman (Federal Reserve Bank of New York)
Inflexibility of Inflation Targeting Revisited: Modelling the Anchoring Effect Jan Libich (La Trobe University) Download Full-Text of Paper
Optimal Monetary Policy in a Financially Fragile Economy Ufuk Devrim Demirel (University of Colorado, Boulder) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Labor Market Dynamics (AEA) |
Presiding: Robert Moffitt (John Hopkins University)
Job Chains and Wage Curves: Worker Mobility and Marshallian Surpluses in Evaluating Local Employment Growth Joseph Persky (University of Illinois at Chicago) Daniel Felsenstein (Hebrew University)
Wage Compression and Teacher Quality Edward Lazear (Stanford University) Annalisa Mastri (Stanford University) Kathryn Shaw (Stanford University)
Retirement Reversals Sewin Chan (New York University) Ann Huff Stevens (University of California, Davis)
Earnings Volatility in the U.S.: Trends and Comparisons using Survey and Administrative Data Peter Gottschalk (Boston College) Robert Moffitt (The Johns Hopkins University) Jonathan Schwabish (Congressional Budget Office)
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Friday, January 4, 2:30 PM |
Session: Current and Future Institutions for the World Economy (AEA) |
Presiding: Gene Grossman (Princeton University)
The Future of the IMF and World Bank Raghuram Rajan (University of Chicago) Download Full-Text of Paper
Rethinking Global Environmental Governance Daniel Esty (Yale University)
Designing Institutions to Deal with Terrorism Martin Feldstein (Harvard University and NBER) Download Full-Text of Paper
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Friday, January 4, 2:30 PM |
Session: Labor Market Flows (AEA) |
Presiding: Robert Shimer (University of Chicago)
The Ins and Outs of European Unemployment Christopher Pissarides (London School of Economics) Barbara Petrongolo (London School of Economics) Download Full-Text of Paper
The Decline of Job Loss Steven Davis (University of Chicago)
Accounting for Labor Market Flows Robert Shimer (University of Chicago)
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Friday, January 4, 2:30 PM |
Session: Psychology and Development: Theory and Experimental Evidence (AEA) |
Presiding: Sendhil Mullainathan (Harvard University)
How high are rates of return to fertilizer: Evidence from field experiment in Western Kenya Esther Duflo (Massachusetts Institute of Technology) Michael Kremer (Harvard University) Jonathan Robinson (UCSC) Download Full-Text of Paper
Climbing out of Poverty: Long Term Decisions under Income Stress Abhijit Banerjee (Massachusetts Institute of Technology) Sendhil Mullainathan (Harvard University)
Norm Enforcement under Social Discrimination: An Experimental Investigation in India Ernst Fehr (University of Zurich) Karla Hoff (World Bank) Mayuresh Kshetramade (Affinnova, Inc.)
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Friday, January 4, 2:30 PM |
Session: Panel Discussion on "What Should Be the Core of Graduate Economics?" (AEA) |
Presiding: David C. Colander (Middlebury College)
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Friday, January 4, 2:30 PM |
Session: How to Mentor Junior Economists (Panel Discussion) (AEA) |
Presiding: Daniel S. Hamermesh (University of Texas-Austin)
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Friday, January 4, 2:30 PM |
Session: Innovation, Intangibles, and R&D (AEA) |
Presiding: Cynthia A. Glassman (U.S. Department of Commerce)
The Long-Run Impact of Private Equity: The Impact on Innovation Joshua Lerner (Harvard University)
Intangible Capital and Economic Growth Carol Corrado (Federal Reserve Board) Charles Hulten (University of Maryland) Daniel Sichel (Federal Reserve Board)
The Role of R&D in Economic Growth: BEA's Satellite Account J. Steven Landefeld (Bureau of Economic Analysis) Sumiye Okubo (Bureau of Economic Analysis)
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Friday, January 4, 2:30 PM |
Session: Racial and Ethnic Gaps in Education:? Theory, Policies and Practice (AEA) |
Presiding: Ngina Chiteji (Skidmore College)
Racial and Ethnic Gaps in Achievement: Evidence from Florida Cecilia Rouse (Princeton University) David Figlio (University of Florida)
The Impacts of Choice and Accountability on African-American versus Latino Children in Chicago Brian Jacob (Harvard University)
Within-School Variation in the Quality of Instruction across Course Levels and Racial Groups Ronald Ferguson (Harvard University)
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Friday, January 4, 2:30 PM |
Session: Education and Occupational Choice (AEA) |
Presiding: Gail Hoyt (University of Kentucky)
Does Gender Influence Gains from Increased Academic Opportunities Justine Hastings (Yale University and NBER) Jeffrey M. Weinstein (Yale University)
Accounting for Gender Schooling Differences in the U.S.: An Overlapping Generations Analysis Suqin Ge (Virginia Tech) Fang Yang (State University of New York)
Faculty Compensation and Preferences: Can Differences in Job Preferences Help Explain Why Men and Women are Paid Differently? Jennifer Thacher (University of New Mexico) Melissa Binder (University of New Mexico) Janie Chermak (University of New Mexico) Kate Krause (University of New Mexico)
Missing Students: Why Girls Outperform Boys in Secondary School in India Alaka Holla (Brown University)
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Friday, January 4, 2:30 PM |
Session: Poster Session 2008 (AEA) |
Presiding: TBA (TBA)
Estimating Capital Investment with Financial Constraints: Comparison of Tobin's q and Real Options Approaches Hirokatsu Asano (Asia University) Download Full-Text of Paper
Existence of Bifurcation in Macroeconomic Dynamics: Grandmont was Right Yijun He (Washington State University)
Pollution Across Chinese Provinces Catherine Co (University of Nebraska, Omaha) Shuanglin Lin (University of Nebraska-Omaha) Fanying Kong (Midland Lutheran College) Download Full-Text of Paper
Trade, Neoclassical Growth and Heterogeneous Firms Julian Emami Namini (Erasmus University Rotterdam) Download Full-Text of Paper
On the Dynamics of Interstate Migration: Migration Costs and Self-Selection Christian Bayer (University of Dortmund) Falko Juessen (University of Dortmund)
The Effect of Migration on Aggregate Labor Market Outcomes: Evidence from the Fall of the Berlin Wall Douglas Frank (INSEAD) Download Full-Text of Paper
Relative Status and Well-Being: Evidence from U.S. Suicide Deaths Mary Daly (Federal Reserve Bank of San Francisco) Daniel Wilson (Federal Reserve Bank of San Francisco) Download Full-Text of Paper
Cognitive Ability and Technology Diffusion: An Empirical Test Garett Jones (George Mason University) Download Full-Text of Paper
Consumption Smoothing and Household responses: evidence from Random Exogenous Health Shocks Manoj Mohanan (Harvard University) Download Full-Text of Paper
Understanding Intertemporal Substitution in Consumption Qiang Zhang (University of Memphis)
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Friday, January 4, 2:30 PM |
Session: Topics in Health Economics (AEA/IHEA) |
Presiding: Richard Arnould (University of Illinois)
The Effect of Medicate Part D on Dual Eligibles: Evidence from California's Medicaid Program Mark Duggan (University of Maryland)
The Effects of Universal Coverage: Evidence from the Introduction of Medicare Amy Finkelstein (Massachusetts Institute of Technology) Download Full-Text of Paper
Diffusion and Productivity in Health Care Douglas Staiger (Darmouth College) Jonathan Skinner (Dartmouth College)
Mortality and the Baseball Hall of Fame: An Investigation into the Role of Status in Life Expectancy David Becker (University of Alabama-Birmingham) Kenneth Chay (University of California-Berkeley and Brown University) Shailender Swaminathan (University of Alabama-Birmingham)
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Friday, January 4, 4:45 PM
Friday, January 4, 4:45 PM |
Session: Richard T. Ely Lecture (AEA) |
Presiding: Avinash Dixit (Princeton University)
Economics of Climate Change Nicholas Stern (HM Treasury, UK Government)
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Saturday, January 5, 8:00 AM
Saturday, January 5, 8:00 AM |
Session: Better Living Through Economics: III (AEA) |
Presiding: John Siegfried (Vanderbilt University)
Better Living Through Economics: Consumer Price Indexes Michael Boskin (Stanford University) Download Full-Text of Paper
Better Living Through Monetary Economics John B. Taylor (Stanford University) Download Full-Text of Paper
Trade Liberalization and Growth in Developing Countries Anne Krueger (Johns Hopkins University) Download Full-Text of Paper
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Saturday, January 5, 8:00 AM |
Session: Agglomeration and Wages (AEA) |
Presiding: Edward L Glaeser (Harvard University)
Agglomeration and Wages: Opening Remarks Edward L. Glaeser (Harvard University)
Skills in the City William Strange (University of Toronto) Marigee Bacolod (University of California-Irvine) Bernardo Blum (University of Toronto) Download Full-Text of Paper
Estimating Agglomeration Effects: History and Geology Gilles Duranton (University of Toronto) Pierre-Philippe Combes (GREQAM - University of Aix-Marseille) Laurent Gobillon (Institut National d'Etudes Demographiques) Sebastien Roux (Institut National de la Statistique et des Etudes Economiques) Download Full-Text of Paper
Wage Premia in Employment Clusters: Agglomeration Economies or Worker Heterogeneity? Stephen L. Ross (University of Connecticut) Shihe Fu (Southwestern University of Finance and Economics)
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Saturday, January 5, 8:00 AM |
Session: Optimal Policy in New DSGE Environments (AEA) |
Presiding: Sanjay Chugh (Federal Reserve Board)
Comparing Two Variants of Calvo-Type Wage Stickiness Stephanie Schmitt-Grohe (Duke University) Martin Uribe (Duke University) Download Full-Text of Paper
Should Monetary Policy Respond to Labor Market Rigidities? Kai Christoffel (European Central Bank) Keith Kuester (European Central Bank) Tobias Linzert (European Central Bank)
Optimal Fiscal and Monetary Policy with Costly Wage Bargaining David Arseneau (Federal Reserve Board) Sanjay Chugh (University of Maryland and Federal Reserve Board) Download Full-Text of Paper
Optimal Fiscal and Monetary Policy When Money is Essential Boragan Aruoba (University of Maryland) Sanjay Chugh (University of Maryland) Download Full-Text of Paper
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Saturday, January 5, 8:00 AM |
Session: Lab and Field Experiments on Ethnic Differences (AEA) |
Presiding: Tomomi Tanaka (California Institute of Technology)
Ethnic and Social Barriers to Cooperation: Experimental Evidence of the Extent and Nature of Discrimination in Urban Peru Marco Castillo (Georgia Institute of Technology) Ragan Petrie (Georgia State University) Maximo Torero (International Food Policy Research Institute)
Race Differences in Competitive Attitudes Carmit Segal (Harvard Business School) Muriel Niederle (Stanford University) Ragan Petrie (Georgia State University) Lise Vesterlund (University of Pittsburgh)
Status, Ethnicity, and Wealth in Vietnam: Evidence from Experimental Games Tomomi Tanaka (California Institute of Technology) Colin Camerer (California Institute of Technology) Quang Nguyen (University of Hawaii)
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Saturday, January 5, 8:00 AM |
Session: Entry and Industry Dynamics (AEA) |
Presiding: Bruce Petersen (Washington University)
A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments Victor Aguirregabiria (University of Toronto) Chun-Yu Ho (Boston University) Download Full-Text of Paper
Market Structure and Industry Dynamics in Service Industries Timothy Dunne (Federal Reserve Bank of Cleveland) Shawn Klimek (Cernter for Economic Studies, Censu Bureau) Mark Roberts (The Pennsylvania State University) Yi Xu (The Pennsylvania State University)
Public Entrants, Public Equity Finance and Creative Destruction in the High-Tech Sector James Brown (Montana State University) Bruce Petersen (Washington University) Download Full-Text of Paper
U.S. Investment 1901-2005: Incumbents, Entrants, and Q Boyan Jovanovic (New York University) Peter Rousseau (Vanderbilt University) Download Full-Text of Paper
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Saturday, January 5, 8:00 AM |
Session: Market Segmentation and Asset Prices (AEA) |
Presiding: Harold Cole (University of Pennsylvania)
Asset Prices and Consumption Allocations with Heterogeneous Trading Opportunities YiLi Chien (Purdue University) Harold Cole (University of Pennsylvania) Hanno Lustig (University of California, Los Angeles)
Fiscal Policy, Asset Pricing and Economic Activity in a Savers-Spenders Economy Francisco Gomez (London Business School) Alexander Michaelides ()
Inequality, Stock Market Participation, and the Equity Premium Jack Favilukis (London School of Economics)
Carry Trades and Currency Crisis Markus Brunnermeier (Princeton University) Lasse Pedersen (Stern School of Business)
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Saturday, January 5, 8:00 AM |
Session: International Finance and Capital Flows (AEA) |
Presiding: Charles Engel (University of Wisconsin)
In Search of Carry Trade Mehmet Caner (University of Pittsburgh) Steven Husted (University of Pittsburgh)
The Monetary Model Strikes Back: Evidence from the World Valerie Cerra (International Monetary Fund) Sweta Saxena (Bank for International Settlements) Download Full-Text of Paper
A New Era of International Financial Integration: Global, Market, and Regional Factors Marco Cipriani (George Washington University) Graciela Kaminsky (George Washington University)
A Stable International Monetary System Emerges: Bretton Woods, Reversed Andrew Rose (University of California, Berkeley) Download Full-Text of Paper
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Saturday, January 5, 8:00 AM |
Session: Information in General Equilibrium Models of the Business Cycle (AEA) |
Presiding: Bruce McGough (Oregon State University)
A Few Model-Based Answers to Monetary Policy Questions in the United States and the Euro-area Ricardo Reis (Princeton University) Download Full-Text of Paper
Heterogeneous Information and Business Cycle Fluctuations Christian Hellwig (University of California, Los Angeles)
Do Sticky Prices Need to Be Replaced with Sticky Information? William Dupor (Ohio State University) Tomiyuki Kitamura () Takayuki Tsuruga ()
Endogenous Inattention and Optimal Monetary Policy in General Equilibrium Bruce McGough (Oregon State University) William Branch (University of California, Irvine) John Carlson (Cleveland Fed) George Evans (University of Oregon)
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Saturday, January 5, 8:00 AM |
Session: International Migration and Remittances (AEA) |
Presiding: Dean Yang (University of Michigan)
Individual Ability and Selection into Migration in Kenya Edward Miguel (University of California, Berkeley) Joan Hamory (University of California, Berkeley)
Remittances and the Problem of Control: A Field Experiment with Migrant Families in El Salvador and Washington, D.C. Dean Yang (University of Michigan) Nava Ashraf (Harvard Business School) Claudia Martinez (University of Michigan) Diego Aycinena (Francisco Marroquin University) Download Full-Text of Paper
The Economics of International Refugee Law Michael Kremer (Harvard University) Ryan Bubb (Harvard University) David Levine (University of California, Berkeley)
The Impacts of International Migration on Remaining Household Members: Omnibus Results from a Migration Lottery Program David Mckenzie (World Bank) John Gibson (University of Waikato) Steven Stillman (Motu Economic and Public Policy Research)
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Saturday, January 5, 8:00 AM |
Session: Incentives and Pro-social Behavior: Evidence from Field Experiments (AEA) |
Presiding: Roland Benabou (Princeton University)
A Hidden Cost of Incentives: Evidence from a Natural Field Experiment Craig Landry (East Carolina University) Andreas Lange (University of Maryland) John A. List (University of Chicago) Michael K. Price (University of Nevada) Nick Rupp (East Carolina University)
Blood Donation and Incentives: Evidence From a Large-Scale Field Lorenz Goette (Federal Reserve Bank of Boston) Alois Stutzer (University of Basel)
Incentives and the Signal of Behaving Pro-Socially: Evidence from Field and Lab Experiments Dan Ariely (Massachusetts Institute of Technology) Anat Bracha (Tel Aviv University) Stephan Meier (Federal Reserve Bank of Boston)
What Motivates Volunteers? : Field and Lab Experiments Sera Linardi (California Institute of Technology) Margaret Anne McConnell (California Institute of Technology)
Intrinsic and Extrinsic Motivations: a Study of Italian Blood Donors, 1980-2005 Nicola Lacetera (Case Western Reserve University) Mario Macis (University of Chicago)
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Saturday, January 5, 8:00 AM |
Session: The Impact of School Policies on Student Achievement (AEA) |
Presiding: Bridget Long (Harvard Education School)
The Effect of Grade Retention on Child Test Scores Samrat Bhattacharya (Fifth Third Bank) Download Full-Text of Paper
Determining "Optimal" Classroom Groupings: Harnessing the Power of Peers Jane Cooley (University of Wisconsin-Madison)
How Do Classroom Peers Affect Student Outcomes?: Evidence from a Natural Experiment in Beijing's Middle Schools Fang Lai (New York University) Download Full-Text of Paper
The Effect of No Child Left Behind on Public Schools: the Role of Sanctions versus Stigma Rajashri Chakrabarti (Federal Reserve Bank of New York)
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Saturday, January 5, 8:00 AM |
Session: Auctions (AEA) |
Presiding: Preston McAfee (Caltech and Yahoo Research)
A Unified Framework for Auctions Design with Identity-Specific and Financial Externalities Jingfeng Lu (National University of Singapore) Download Full-Text of Paper
Affiliation and Positive Dependence in Auctions Luciano de Castro (University of Illinois at Urbana-Champaign) Download Full-Text of Paper
A Greater Price for a Greater Good? Evidence that Consumers Pay More for Charity-Linked Products Daniel Elfenbein (Washington University in St. Louis) Brian McManus (Washington University in St. Louis) Download Full-Text of Paper
Matching in Auctions with an Informed Seller Jennifer Lamping (University of Colorado, Boulder)
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Saturday, January 5, 8:00 AM |
Session: Propagation Mechanisms in Business Cycle Models (AEA) |
Presiding: Ricardo Reis (Princeton University)
A Tale of Two Rigidities: Sticky Prices in a Sticky-Information Environment Edward Knotek II (Federal Reserve Bank of Kansas City) Download Full-Text of Paper
Macroeconomic Implications of Market Power in Banking Roger Aliaga-Diaz (Drexel University) Maria Pia Olivero (Drexel University) Download Full-Text of Paper
Prices and Money after Interest Rate Shocks with Endogenous Market Segmentation Andre Silva (Universidade Nova de Lisboa) Download Full-Text of Paper
Debt Enforcement Procedures and the Amplification Role of Collateral Constraints Caterina Mendicino (Bank of Canada) Download Full-Text of Paper
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Saturday, January 5, 8:00 AM |
Session: Empirical Work on Asymmetric Information in Insurance Markets (AEA) |
Presiding: Amy Finkelstein (Massachusetts Institute of Technology)
Modeling Competition and Market Equilibrium in Insurance: Empirical Issues Pierre-Andre Chiappori (Columbia University) Bernard Salanie (Columbia University) Download Full-Text of Paper
TBA Alessandro Lizzeri (New York University) Igal Hendel (Northwestern University)
Preference Heterogeneity in Insurance Markets David Cutler (Harvard University) Amy Finkelstein (Massachusetts Institute of Technology) Kathleen McGarry (University of California-Los Angeles)
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Saturday, January 5, 8:00 AM |
Session: Neuroeconomic Models of Economic Decision-Making (AEA) |
Presiding: B. Douglas Bernheim (Princeton University)
The Role of Computation Time in the Construction of Decision Values Antonio Rangel (California Institute of Technology)
Neuroeconomics: Axioms and Experiments Andrew Caplin (New York University) Mark Dean (New York University) Paul Glimcher (New York University)
The Architecture of the Brain: Conflicts and Constraints Isabelle Brocas (University of Southern California and CEPR) Juan D. Carillo (University of Southern California and CEPR)
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Saturday, January 5, 8:00 AM |
Session: Assignment, Uncertainty and Wage Inequality (AEA) |
Presiding: Luis Garicano (University of Chicago)
Stochastic Volatity in Labor Income Across Schooling Groups Flavio Cunha (University of Chicago)
Educational Self-selection, Tasks Assignment and Rising Wage Inequality Arnaud Dupuy (Maastricht University) Download Full-Text of Paper
Assignment, Hierarchies and Upper Tails Michael Sattinger (State University of New York, Albany) Download Full-Text of Paper
Organization and Inequality among U.S. Lawyers: 1977-1997 Luis Garicano (University of Chicago) Thomas Hubbard (Northwestern University)
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Saturday, January 5, 8:00 AM |
Session: Presentations from the Teaching Innovations Program (TIP) for Economics Instructors (AEA) |
Presiding: Michael Salemi (University of North Carolina)
Formative and Summative Assessment in Economics Principles Courses: Are Applied Group Exercises Effective? Dagney Faulk (Indiana University Southeast) Download Full-Text of Paper
Closing the Loop: Enhancing Collegiate Performance by Empowering Self-Assessment Wayne A. Grove (Lemoyne College) Jerry Evensky (Syracuse University) Yue Hu (Wisconsin Center for Education Research) Timothy H. Wasserman (Syracuse University) Download Full-Text of Paper
Using Cooperative Learning to Enhance Student Research and Writing Gail Heyne Hafer (St. Louis Community College Meramec)
Engaged Learning with the Interpretive Question Cluster Discussion Technique: Student Outcomes in a History of Economic Thought Course Kirsten Madden (Millersville University)
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Saturday, January 5, 10:15 AM
Saturday, January 5, 10:15 AM |
Session: Better Living Through Economics: IV (AEA) |
Presiding: John Siegfried (Vanderbilt University)
Tradable Emissions Rights Tom Tietenberg (Colby College) Download Full-Text of Paper
The Earned Income Tax Credit Robert Moffitt (Johns Hopkins University)
Welfare to Work Reform Rebecca M. Blank (University of Michigan)
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Saturday, January 5, 10:15 AM |
Session: The Economics of Noncognitive Skills (AEA) |
Presiding: James Heckman (University of Chicago)
The Effects of Cognitive and Noncognitive Abilities on Adolescent Schooling Behavior James Heckman (University of Chicago) Paul LaFontaine (University of Chicago) Sergio Urzua (University of Chicago)
Quantifying the Growing Importance of "Soft Skills" in the Labor Market Catherine Weinberger (University of California)
Time preference over the life cycle Lex Borghans (Maastricht University) Bart Golsteyn (ROA, Maastricht University)
Perseverance and Passion for Long-Term Goals Angela Duckworth (University of Pennsylvania) Christopher Peterson (University of Michigan) Michael Matthews (U.S. Military Academy ) Dennis Kelly (U.S. Military Academy )
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Saturday, January 5, 10:15 AM |
Session: The Economics of South Africa since the End of Apartheid (AEA) |
Presiding: James Levinsohn (University of Michigan)
Understanding South Africa's Economic Puzzles Dani Rodrik (Harvard University)
South Africa: Macroeconomic Challenges after a Decade of Success Jeffrey Frankel (Harvard University) Bent Smith (Stellenbosch University) Federico Sturzenneger (Harvard University)
Why has unemployment risen in the new South Africa Abhijit Banerjee (Massachusetts Institute of Technology) Sebastian Galiani (Washington University in St Louis) James Levinsohn (University of Michigan) Ingrid Woolard (University of Cape Town)
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Saturday, January 5, 10:15 AM |
Session: The Economic Impacts of the Media (AEA) |
Presiding: Edward Glaeser (Harvard University)
Does Movie Violence Increase Violent Crime? Gordon Dahl (University of California, San Diego) Stefano DellaVigna (University of California, Berkeley) Download Full-Text of Paper
Preschool Television Viewing and Adolescent Test Scores: Historical Evidence from the Coleman Study Matthew Gentzkow (University of Chicago) Jesse Shapiro (University of Chicago) Download Full-Text of Paper
The Power of TV: Cable Television and Gender Attitudes in India Robert Jensen (Harvard University) Emily Oster (University of Chicago)
Do Television and Radio Destroy Social Capital? Evidence from Indonesian Villages Benjamin Olken (Harvard University) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Offshoring and the Labor Market (AEA) |
Presiding: Pol Antras (Harvard University)
Trade, Outsourcing, and the Invisible Handshake Bilgehan Karabay (Central Bank of Turkey) John McLaren (University of Virginia) Download Full-Text of Paper
Outsourcing Peter to Pay Paul: High Skill Expectations and Low-Skill Wages with Imperfect Labor Markets Carl Davidson (Michigan State University) Steven Matusz (Michigan State University) Andrei Shevchenko (Michigan State University) Download Full-Text of Paper
Offshoring in a Ricardian World Andres Rodriguez-Clare (Pennsylvania State University)
Offshoring and Unemployment Devashish Mitra (Syracuse University) Priya Ranjan (University of California, Irvine) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: The Micro-Level Consequences of Political Violence and Civil War (AEA) |
Presiding: Christopher Blattman (University of California, Berkeley, Economics)
War and Local Collective Action in Sierra Leone Edward Miguel (University of California, Berkeley) John Bellows (University of California, Berkeley, Economics)
Violence, Human Capital and Gender: Evidence from Colombia Adriana Lleras-Muney (Princeton University, Economics & Woodrow Wilson School) Grant Miller (Stanford University) Jorge Alberto Restrepo (Royal Holloway College, University of London)
Socio-Political Conflict and Economic Performance in Bolivia Stergios Skaperdas (University of California, Irvine, Economics) Jose Luis Evia (Catholic University of Bolivia and Andean University "Simon Bolivar" of Bolivia) Roberto Laserna (CERES) Download Full-Text of Paper
From Violence to Voting: War and Political Development in Uganda Christopher Blattman (Yale University & Center for Global Development) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Information Use in Economic Choice: Eye Tracking Studies (AEA) |
Presiding: Colin Camerer (California Institute of Technology)
Studying Cognition via Information Search in Two-Person Guessing Game Experiments Miguel Costa-Gomes (University of York) Vince Crawford (University of California, San Diego) Elliott Wimmer (Stanford University) Drazen Prelec (Massachusetts Institute of Technology) George Loewenstein (Carnegie Mellon University)
The Role of Visual Attention in Simple Economic Choice: Theory and Eye Tracking Experiments Ian Karjbich (California Institute of Technology) Carrie Armel (Stanford University) Antonio Rangel (California Institute of Technology) Antonio Rangel (California Institute of Technology)
Studying Learning in Games Using Eye-Tracking Colin Camerer (California Institute of Technology) Joseph Tao-yi Wang (California Institute of Technology) Chrisopher Trepel (University of California, Los Angeles) Russell Poldrack (University of California, Los Angeles) Antonio Rangel (California Institute of Technology)
Choice Overload under the Magnifying Glass of teh Eye-tracker Rosemarie Nagel (Universitat Pompeu Fabra) Elena Reutskaja (Universitat Pompeu Fabra) Antonio Rangel (California Institute of Technology) Colin Camerer (California Institute of Technology)
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Saturday, January 5, 10:15 AM |
Session: Time Allocation and Household Production: Macro and Micro Approaches (AEA) |
Presiding: Michele Tertilt (Stanford University)
Deconstructing Life Cycle Expenditure Mark Aguiar (University of Rochester) Erik Hurst (University of Chicago) Download Full-Text of Paper
Home Production, Occupation, and the Gender Pay Disparity Joni Hersch (Vanderbilt University Law School) Download Full-Text of Paper
Allocating Time: Individuals' Technologies and Household Technology Robert A. Pollak (Washington University) Download Full-Text of Paper
The Rug Rat Race Valerie Ramey (University of California, San Diego) Garey Ramey (University of California, San Diego) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Innovations and Insights from the New Immigrant Survey (AEA) |
Presiding: Randall Akee (IZA)
How Much Do Immigrants Gain in the Labor Market from Immigrating? Richard Freeman (Harvard University and NBER)
Higher Education and International Migration: Brain Circulation Mark Rosenzweig (Yale University)
The Determinants of the Wages and Occupations of Immigrants in the Home Country and the US Joseph Altonji (Yale University and NBER) Mark Rosenzweig (Yale University)
The Persistence of Self-Employment across Borders: New Evidence on Legal Immigrants to the United States Randall Kekoa Quinones Akee (IZA) David Jaeger (College of William and Mary, University of Bonn, and IZA) Konstantinos Tatsiramos (IZA) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Technology Transfers (AEA) |
Presiding: Simon Johnson (Massachusetts Institute of Technology)
Input and Technology Choices in Regulated Industries: Evidence from the Health Care Sector Daron Acemoglu (Massachusetts Institute of Technology) Amy Finkelstein (Massachusetts Institute of Technology) Download Full-Text of Paper
Is Learning Abroad Necessary for Technology Adoption and Development? Chris Papageorgiou (International Monetary Fund) Antonio Spilimbergo (International Monetary Fund)
Was the Wealth of Nations Determined in 1000 B.C.? Diego Comin (New York University) William Easterly (New York University) Erick Gong (University of California, Berkeley)
Intangible Capital, Barriers to Technology Adoption and Cross-Country Income Differences Aamir Hashmi (National University of Singapore) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Pricing, Competition and Innovation in the Pharmaceutical Industry (AEA) |
Presiding: Sara Ellison (Massachusetts Institute of Technology)
Entry Pricing and Product Quality: Evidence from the Pharmaceutical Industry Jie Chen (SUNY Stony Brook Economics Department) John Rizzo (SUNY Stony Brook Economics Department) Download Full-Text of Paper
Drug Prices and Drug Development Kadir Civan (Fatih University) Michael Maloney (Clemson University) Download Full-Text of Paper
The Management of New Product Introductions in the Pharmaceutical Industry Stuart Graham (Georgia Institute of Technology, College of Management, and University of California, Berkeley) Matthew Higgins (Georgia Institute of Technology, College of Management) Download Full-Text of Paper
Predatory Advertising: Theory and Evidence in the Pharmaceutical Industry Yutian Chen (SUNY Stony Brook) Wei Tan (SUNY Stony Brook)
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Saturday, January 5, 10:15 AM |
Session: Emerging Market Financial Structures (AEA) |
Presiding: Olivier Jeanne (International Monetary Fund)
Excessive Dollar Borrowing in Emerging Markets: Balance Sheet Effects and Macroeconomic Externalities Anton Korinek (Columbia University)
Creditors' Skills and the Long-Run Impact of Financial Liberalization Raoul Minetti (Michigan State University) Leo Ferraris (Universidad Carlos III)
Incumbent and Foreign Financiers in Exchange Rate Regime Choices in Transition Economies Jana Grittersova (Cornell University)
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Saturday, January 5, 10:15 AM |
Session: Institutions and Economic Growth in the Very Long Run (AEA) |
Presiding: Joachim Voth (Universitat Pompeu Fabra)
Economic Growth and the Size and Quality of the Government Arusha Cooray (University of Tasmania) Download Full-Text of Paper
Appropriation, Property Rights Institutions, and Openness to International Trade Chris Stefanadis (University of Arizona) Download Full-Text of Paper
Good, Bad, and Ugly Colonial Activities: Studying Development across the Americas Miriam Bruhn (Massachusetts Institute of Technology) Francisco Gallego (Catholic University of Chile) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Gender Differences in Careers, Education, and Games (AEA) |
Presiding: Ronald G. Fryer, Jr. (Harvard University)
Transitions:Career and Family Cycles of the Educational Elite Claudia Goldin (Harvard University) Lawrence Katz (Harvard University) Download Full-Text of Paper
Understanding the Gender Gap in the First 6 Years of School Roland G. Fryer Jr. (Harvard University) Steven Levitt (University of Chicago)
The Economics of Matrilineal Services: Comparing Men and Women in Simple Economic Game Uri Gneezy (University of California-San Diego) John A. List (University of Chicago)
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Saturday, January 5, 10:15 AM |
Session: Lifecycle Investing (AEA) |
Presiding: Joshua Rauh (University of Chicago)
Contingent Claims Analysis and Life-Cycle Finance Zvi Bodie (Boston University) Doriana Ruffino (Boston University) Jonathan Treussard (Boston University and Massachusetts Institute of Technology) Download Full-Text of Paper
Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds Luis Viceira (Harvard Business School) Laurence Kotlikoff (Boston University) Francisco Gomes (London Business School) Download Full-Text of Paper
New Strategies for Promoting Annuitization Jeffrey Brown (University of Illinois-Urbana-Champaign) Jeffrey Kling (Brookings Institution) Sendhil Mullainathan (Harvard University)
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Saturday, January 5, 10:15 AM |
Session: Reforming Economic Institutions of the European Union (AEA) |
Presiding: Timothy Besley (London School of Economics)
EU Institutional Reform: Evidence on Globalization and International Cooperation Richard Baldwin (Graduate Institute of International Studies, Geneva) Download Full-Text of Paper
Reform of EU Institutional Arrangements Erik Berglof (European Bank for Reconstruction and Development)
Should the Euro Area be Run as a Closed Economy? Francesco Giavazzi (IGIER-Bocconi, MIT, CEPR and NBER) Carlo Favero (IGIER-Bocconi and CEPR) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Consumer Payment Choice: Rational or Irrational Behavior? (AEA) |
Presiding: Annette Vissing-Jorgensen (Northwestern University)
Learning in the Credit Card Market Xavier Gabaix (New York University) David Laibson (Harvard University) Sumit Agarwal (Federal Reserve Bank of Chicago) John Driscoll (Federal Reserve Board) Download Full-Text of Paper
Do Consumers Choose the Right Credit Contracts? Nicholas Souleles (University of Pennsylvania) Sumit Agarwal (Federal Reserve Bank of Chicago) Souphala Chomsisengphet (U.S. Office of the Comptroller of the Currency) Chunlin Liu (University of Nevada)
Does Mental Accounting Actually Matter for Spending Control? Field Evidence from Payment and Portfolio Choices Jonathan Zinman (Dartmouth College) Victor Stango (Dartmouth College)
Why Are (Some) Consumers (Finally) Writing Fewer Checks: The Role of Payment Characteristics Scott Schuh (Federal Reserve Bank of Boston) Joanna Stavins (Federal Reserve Bank of Boston) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Saving and Investment Decisions: How Do Women Fare? (AEA) |
Presiding: Olivia Michell (University of Pennsylvania)
Planning and Financial Literacy: How Do Women Fare? Annamaria Kusardi (Dartmouth College) Olivia Mitchell (University of Pennsylvania)
Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing and Defaults Julie Agnew (College of William and Mary) Lisa Anderson (College of William and Mary) Jeffrey Gerlach (MIT Sloan School of Management) Lisa Szykman (College of William and Mary) Download Full-Text of Paper
Female Empowerment: Impact of a Commitment Savings Product in the Philippines Nava Ashraf (Harvard Business School) Dean Karlan (Yale University) Wesley Yin (University of Chicago)
Are Self-Employed Women More Financially Savvy? Vickie Bajtelsmit (Colorado State University) Nancy Jianakoplos (Colorado State University)
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Saturday, January 5, 10:15 AM |
Session: K-12 Economic and Financial Literacy Education (AEA) |
Presiding: Richard MacDonald (National Council on Economic Education)
District Level Mandates and High School Students' Understanding of Economics Paul W. Grimes (Mississippi State University) Meghan J. Millea (Mississippi State University) Kathleen Thomas (Mississippi State University) Download Full-Text of Paper
Is Financial Literacy Improved by Participating in a Stock Market Game? Preliminary Results Cynthia Harter (Eastern Kentucky University) John Harter (Eastern Kentucky University)
Measuring the Effects of the Financial Fitness for Kids Program for Early Elementary School Students in Chicago Helen Roberts (University of Illinois-Chicago) Download Full-Text of Paper
Establishing State Specific Benchmarks in Economic Education Roger B. Butters (Nebraska Council on Economic Education, University of Nebraska-Lincoln) Tammie Fischer (University of Nebraska-Lincoln) Download Full-Text of Paper
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Saturday, January 5, 10:15 AM |
Session: Andrew Brimmer Policy Forum: Public Policy and the Reconstruction of the Hurricane-Ravaged Gulf Coast (AEA/NAEFA) |
Presiding: Andrew Brimmer (Brimmer & Company and University of Massachusetts-Amherst)
Housing Quadrangle Challenges: Planning, Demand, Supply, and Financing James H. Carr (National Community Reinvestment Coalition)
The Katrina and Rita Disasters' Impacts on Population Health and the Health Sector in Louisiana: Lessons for Disaster Recovery Policy Planning and Coordination Benjamin Springgate (University of California-Los Angeles and Tulane University) Charles E. Allen (Tulane-Xavier Center for Bioenvironmental Research) Download Full-Text of Paper
Katrina, Public Goods, and the Return to New Orleans John Edwards (Tulane University) Stefano Barbieri (Tulane University)
Weather, Risks, and Insurance: Challenges of Reconciliation in the Gulf Coast Region Marcellus Andrews (Barnard College and Center for Economic and Policy Research) Download Full-Text of Paper
Public Policy Strategic Planning for Reconstruction in the Gulf Coast Andrew Brimmer (Brimmer & Company and University of Massachusetts-Amherst)
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Saturday, January 5, 6:00 PM
Saturday, January 5, 6:00 PM |
Session: Business Meeting (AEA) |
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Saturday, January 5, 2:30 PM
Saturday, January 5, 2:30 PM |
Session: Better Living Through Economics: V (AEA) |
Presiding: John Siegfried (Vanderbilt University)
Economics and the All-Volunteer Force James C. Miller III (George Mason University and the Hoover Institution) John T. Warner (Clemson University) Beth J. Asch (The RAND Corporation) Download Full-Text of Paper
Economics, Economists, and Antitrust: A Tale of Growing Influence Lawrence White (New York University) Download Full-Text of Paper
Saving for Retirement David Laibson (Harvard University and NBER) John Beshears (Yale University) James Choi (Yale University and NBER) Brigette Madrian (Harvard University and NBER) Brian Weller (Harvard University) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Economics of the Minimum Wage (AEA) |
Presiding: Daniel Aaronson (Federal Reserve Bank of Chicago)
The Distributional Impacts of Minimum Wage Increases when Both Labor Supply and Labor Demand are Endogenous Peter Arcidiacono (Duke University) Tom Ahn (Duke University) Walter Wessels (North Carolina State)
The Minimum Wage and UK Wage Inequality Alan Manning (London School of Economics) Richard Dickens (London School of Economics)
Minimum Wages, the Earned Income Tax Credit, and Employment: David Neumark (University of California, Irvine) William Wascher (Federal Reserve Board) Download Full-Text of Paper
The Employment Response to Minimum Wage Hikes: Evidence from Geocoded ES202 Data Daniel Aaronson (Federal Reserve Bank of Chicago) Eric French (Federal Reserve Bank of Chicago) Ted To (BLS)
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Saturday, January 5, 2:30 PM |
Session: Growth, Productivity, and Wages in the U.S. Economy (AEA) |
Presiding: Dominick Salvatore (Fordham University)
Did Wages Reflect Growth in Productivity? Martin Feldstein (Harvard University and NBER) Download Full-Text of Paper
The Productivity Riddle and 'Management' Glenn Hubbard (Columbia University)
Labor Supply and Demand in the Long Run Dale Jorgenson (Harvard University)
U.S. Growth, Productivity and Wages during the Long Boom John B. Taylor (Stanford University)
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Saturday, January 5, 2:30 PM |
Session: The Economics of Paid Sex Markets (AEA) |
Presiding: Alan Krueger (Princeton University)
An Empirical Analysis of Street Prostitutes Steve Levitt (University of Chicago ) Sudhir Venkatesh (Columbia University)
Enforcing Licensing Requirements: Implications for Disease Transmission in the Sex Market Manisha Shah (University of Melbourne) Paul Gertler (University of California, Berkley and NBER)
In Da Club: An Econometric Analysis of Strip Club Patrons Taggert Brooks (University of Wisconsin – La Crosse) Download Full-Text of Paper
From Sex to Gender Lena Edlund (Columbia University ) Evelyn Korn (Philipps-Universit at Marburg) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: The Empirics of Corruption (AEA) |
Presiding: Tim Besley ()
Parochial Politics: Ethnic Preferences and Politician Corruption Abhijit Banerjee (Massachusetts Institute of Technology) Rohini Pande (Harvard University) Download Full-Text of Paper
Cultures of Corruption: Evidence from Diplomatic Parking Tickets Ray Fisman (Columbia University) Edward Miguel (University of California, Berkeley)
The Simple Economics of Extortion: Evidence from Trucking in Aceh Benjamin Olken (Harvard University) Patrick Barron (World Bank) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Economics and Social Identity (AEA) |
Presiding: Catherine Eckel (University of Texas at Dallas)
Identity Signaling: Explaining Conformity and Abandonment Jonah Berger (Stanford University) Chip Heath (Stanford University) Benjamin Ho (Cornell University)
Group Identity and Social Preferences Yan Chen (University of Michigan at Ann Arbor) Sherry Xin Li (University of Texas at Dallas)
Health Behaviors and Identity Formation: The Case of Smoking Jason Fletcher (Yale University)
Does Social Hierarchy Affect Social Preferences? Simple Tests in Village India Karla Hoff (World Bank) Priyanka Pandey (World Bank)
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Saturday, January 5, 2:30 PM |
Session: Economic Behavior: Evidence from Sports (AEA) |
Presiding: Richard Thaler (University of Chicago Graduate School of Business)
Rational Adversaries? Evidence from Randomized Trials in the Game of Cricket V. Bhaskar (University College London) Download Full-Text of Paper
The efficiency of top agents: An analysis through service strategy in tennis Franc Klaassen (Tinbergen Institute and University of Amsterdam) Jan Magnus (Department of Econometrics & OR, Tilburg University) Download Full-Text of Paper
Racial Discrimination among NBA Referees Joseph Price (Department of Economics, Cornell University) Justin Wolfers (University of Pennsylvania Wharton Business School)
Estimating The Value of 'Going For It' (When No One Does) Christopher Adams (Bureau of Economics, Federal Trade Commission) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Monetary Policy Transparency and Communication (AEA) |
Presiding: Alan Blinder (Princeton University)
Imperfect Communication: When Should Central Banks Publish Their Forecasts? Athanasios Orphanides (Federal Reserve Board of Governors) Par Osterholm (Uppsala University)
The Role of Transparency as a Mechanism for Accountability Carl Walsh (University of California, Santa Cruz) Download Full-Text of Paper
Do Markets Care Who Chairs the Central Bank? Ken Kuttner (Oberlin College) Adam Posen (Peterson Institute of International Economics)
Geography or skills: What explains Fed watchers' forecast accuracy of US monetary policy? Michael Ehrmann (European Central Bank) Helge Berger (Free University Berlin) Marcel Fratzscher (European Central Bank) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Historical Evolution of Financial Institutions (AEA) |
Presiding: Sebnem Kalemli-Ozcan (University of Houston and NBER)
Financial Integration, Institutions, and Growth: Historical Evidence from the Ottoman Empire Sebnem Kalemli-Ozcan (University of Houston and NBER)
Trade, Knowledge and the Industrial Revolution Kevin H. O'Rourke (Trinity College) Alan M. Taylor (University of California, Davis) Ahmed S. Rahman (United States Naval Academy) Download Full-Text of Paper
Monotheism (from a Sociopolitical and Economic Perspective) Murat Iyigun (University of Colorado, CID Harvard, and IZA) Download Full-Text of Paper
Legal-Political Factors and the Historical Evolution of the Finance-Growth Link Michael Bordo (Rutgers University and NBER) Peter Rousseau (Vanderbilt University and NBER)
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Saturday, January 5, 2:30 PM |
Session: Consumer Bankruptcy and Credit Scoring: Recent Contributions (AEA) |
Presiding: Michele Tertilt (Stanford University)
Liquidity Constraints and Imperfect Information in Subprime Lending Liran Einav (Stanford University and NBER) Jon Levin (Stanford University and NBER) William Adams (Citigroup) Download Full-Text of Paper
Information Technology and the Rise of Household Bankruptcy Borghan Narajabad (Rice University) Download Full-Text of Paper
A Finite-Life, Private-Information Theory of Unsecured Debt Jose-Victor Rios-Rull (University of Pennsylvania) Satyajit Chatterjee (Federal Reserve Bank of Philadelphia) Dean Corbae (University of Texas, Austin)
Credit Scoring and Endogenous Stigma Jim MacGee (University of Western Ontario) Igor Livshits (University of Western Ontario) Michele Tertilt (Stanford University)
The Profitability of Payday Lending Paige Marta Skiba (Vanderbilt University) Jeremy Tobacman (University of Oxford)
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Saturday, January 5, 2:30 PM |
Session: Empirical Studies of Pricing (AEA) |
Presiding: Alan Sorensen (Stanford University)
An Empirical Study of Price Dispersion in the Japanese "Digital Holy Durables" Markets Daisuke Katano (University of Tokyo) Fumiko Takeda (University of Tokyo)
Micro Foundations of Price-Setting Behaviour: Evidence from Canadian Firms Daniel de Munnik (Bank of Canada) Kuan Xu (Dalhousie University)
Are Digital Rights Valuable? Theory and Evidence from eBook Pricing. Arun Sundararajan (New York University) Gal Oestreicher-Singer (New York University)
How do the Prices of Different Goods Respond to Exchange Rate Shocks? A Model of Quality Pricing-to-Market Raphael Auer (Swiss National Bank) Thomas Chaney (University of Chicago) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Security Issuance (AEA) |
Presiding: Jay Ritter (University of Florida)
Do venture investments by financial institutions affect the IPO underwriting process? Xi Li (university of miami) Ronald Masulis (Vanderbilt University)
Do Financing Expectations Affect Announcement and Long-Run Stock Performance? Mark Kamstra (Schulich School of Business, York University) Debarshi Nandy (Schulich School of Business, York University) Pei Shao (University of Northern British Columbia)
Are banks still special when there is a secondary market for loans? Amar Gande (Southern Methodist University) Anthony Saunders (New York University)
Monitoring by Affiliated Bankers on Board of Directors: Evidence from Corporate Financing Outcomes Elif Sisli Ciamarra (New York University)
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Saturday, January 5, 2:30 PM |
Session: Political Economy (AEA) |
Presiding: Steven Callander (Northwestern University)
Votes or Money? Theory and Evidence from the US Congress. Matilde Bombardini (The University of British Columbia) Francesco Trebbi (University of Chicago Graduate School of Business and NBER) Download Full-Text of Paper
Coalition Formation in Political Games Daron Acemoglu (Massachusetts Institute of Technology) Georgy Egorov (Harvard University) Konstantin Sonin (New Economic School)
Is the 50-State Strategy Optimal? Dan Kovenock (Purdue University) Brian Roberson (Miami University)
Symmetric Third-Party Governance of Trades Alia Gizatulina (University of Mannheim and CDSE) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Sources of International Price Stickiness (AEA) |
Presiding: Charles Engel (University of Wisconsin-Madison)
A Microeconomic Approach to Explaining Exchange Rate Pass-Through Pinelopi K. Goldberg (Princeton University) Rebecca Hellerstein (Federal Reserve Bank of New York)
Pass-Through in Retail and Wholesale Emi Nakamura (Harvard University)
Inferring Price Complementarities from Micro Data Ariel Burstein (University of California-Los Angeles) Christian Hellwig (University of California, Los Angeles)
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Saturday, January 5, 2:30 PM |
Session: The Impact of Hurricanes on Residents and Local Labor Markets (AEA) |
Presiding: James X. Sullivan (University of Notre Dame)
Returning to New Orleans after Hurricane Katrina Christina Paxson (Princeton University) Cecilia Rouse (Princeton University) Download Full-Text of Paper
The Effect of Hurricane Katrina on the Labor Market Outcomes of Evacuees Jeffrey Groen (U.S. Bureau of Labor Statistics) Anne Polivka (U.S. Bureau of Labor Statistics) Download Full-Text of Paper
How Disasters Affect Local Labor Markets: The Effects of Hurricanes in Florida Ariel Belasen (State University of New York-Binghamton) Solomon Polachek (State University of New York-Binghamton)
Measuring the Labor Market Impacts of Hurricane Katrina Migration: Evidence from Houston, Texas Molly Fifer McIntosh (Princeton University) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: U.S. Fiscal Institutions: Reforming Tax Expenditures (AEA) |
Presiding: James Poterba (Massachusetts Institute of Technology)
The Growth, Distribution and Opportunity Cost of Individual Income Tax Expenditures Len Burman (Urban Institute) Eric Toder (Urban Institute) Chris Geissler (Brookings Institution) Download Full-Text of Paper
Tax Expenditures for Owner-Occupied Housing James Poterba (Massachusetts Institute of Technology) Todd Sinai (University of Pennsylvania)
Using Tax Expenditures to Achieve Energy Policy Goals Gilbert Metcalf (Tufts University and NBER) Download Full-Text of Paper
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Saturday, January 5, 12:30 PM
Saturday, January 5, 12:30 PM |
Session: Luncheon Honoring the 2006 Nobel Laureate, Edmund Phelps (AEA) |
Presiding: Avinash Dixit (Princeton University)
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Saturday, January 5, 2:30 PM
Saturday, January 5, 2:30 PM |
Session: Prosperity and Depression: the 1920s and 1930s (AEA) |
Presiding: Sharon Harrison (Barnard College, Columbia University)
Technology, Credit and Confidence During the Roaring Twenties Sharon Harrison (Barnard College, Columbia University) Mark Weder (University of Adelaide) Download Full-Text of Paper
Real Origins of the Great Depression: Monopoly Power, Unions and the American Business Cycle in the 1920s Monique Ebell (Humboldt-University of Berlin) Albrecht Ritschl (Humboldt-University of Berlin)
The Contribution of Cartelization Policies to the Start of the Great Depression Lee Ohanian (University of California, Los Angeles)
IPOs in the 20s Boyan Jovanovic (New York University) Peter Rousseau (Vanderbilt University) Download Full-Text of Paper
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Saturday, January 5, 2:30 PM |
Session: Reconciliation of Seemingly Inconsistent Data Series (AEA) |
Presiding: David Johnson (U.S. Census Bureau)
Household vs. Establishment Measures of Employment: Problems in Measuring Self-employment and Job Changing, and the Role of Multiple Jobs Katherine G. Abraham (University of Maryland) John C. Haltiwanger (University of Maryland and U.S. Census Bureau) Kristin Sandusky (U.S. Census Bureau) James Spletzer (U.S. Bureau of Labor Statistics)
Alternative Measures of Compensation and Wages: Conceptual Issues and Implications for Policy Makers George L. Perry (Brookings Institution)
The CPI vs. the PCE Price Index: The Recent BEA-BLS Reconciliation--Some Lessons for the Federal Reserve and Other Policy Makers Laurence H. Meyer (Macroeconomic Advisers)
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Saturday, January 5, 2:30 PM |
Session: Poster Session on Teaching Ideas and Projects (AEA) |
Presiding: Wendy A. Stock (Montana State University)
Teaching with You Tube: An Economist's Guide to Free Web-Based Content G. Dirk Mateer (Pennsylvania State University) Download Full-Text of Paper
Teaching Intermediate Microeconomics as a Financial Writing Intensive Class Mine E. Cinar (Loyola University Chicago)
A Case of Teaching by Blending Lectures with Dialogue, Site-Visits, Games, Research, and Peer Reviews Prodromos Ioannis Prodromidis (Centre for Planning and Economic Research (KEPE), Greece) Download Full-Text of Paper
Reforming the Liberal Arts Economics Major for Students at Rollins College: 1999-2008 Charles P. Rock (Rollins College)
Livingeconomics--Customizing Microeconomics Principles Textbook using OpusI and Flashecon K. K. Fung (University of Memphis) Download Full-Text of Paper
From ABBA to Zeppelin, Led: A Web Resource for Teaching Economics through Music Joshua C. Hall (Beloit College) Robert A. Lawson (Capital University) G. Dirk Mateer (Pennsylvania State University) Download Full-Text of Paper
Using Problem-Based Service-Learning to Teach Local Economic Development Nancy Brooks (University of Vermont)
A Funny Thing Happened in My Economics Course James Bruehler (Eastern Illinois University) Linda Ghent (Eastern Illinois University)
Learning Economics with Games Osman Gulseven (North Carolina State University)
Economics and the Environment Holly Fretwell (Montana State University) Noreen Lephardt (Marquette University) Robert Reinke (South Dakota Council on Economic Education, University of South Dakota)
Enhancing Communication in Distance Learning Courses Rebecca Summary (Southeast Missouri State University)
Show Me the Money! An Object Lesson in Which Students Actively Learning Money Supply Changes Laura Shinn (Temple University)
A Complementary Technique for Reinforcing Basic Microeconomic Principles by Utilizing Animated Vignettes Marilyn Cottrell (Brock University, Canada)
Student Assessment of an Economics Teaching Card Deck Johnnie B. Linn III (Concord University)
Designs on Learning: Using Lessons from Video Games to Teach and Learn Economics Catherine Lawson (Missouri Western State University) Larry Lawson (Missouri Western State University)
New Insights from In-Class Experiments: Using Excel to Post and Analyze Results on the Spot Tom Creahan (Morehead State University)
Problem Based Learning in an Applied Econometric Curriculum Steven C. Myers (University of Akron) Download Full-Text of Paper
The Pollution Game: A Classroom Demonstration Jay Corrigan (Kenyon College) Download Full-Text of Paper
Teaching Health Policy and Economics in a Medical School Using a Simulation Game Gwendolyn C. Morrison (Indiana University-Purdue University Indianapolis and Regenstrief Institute) Gene Beyt (Tulane University) Thomas Inui (Regenstrief Institute and Indiana University School of Medicine) Debra Litzelman (Indiana University School of Medicine) Download Full-Text of Paper
Integrating Active Learning in an Online Class for Principles in Microeconomics Carsten Lange (California State Polytechnic University)
The Capstone Experience - where it fits in the curriculum, and alternative forms Lynn Hunnicutt (Pacific Lutheran University) Karen Travis (Pacific Lutheran University) Download Full-Text of Paper
Interactive Web-Tools in Principles of Macroeconomics: Recent Experiences with Macromedia Breeze, Online Homeworks, and iTunes Podcasts John R. Crooker (University of Central Missouri)
A Mastery Learning Approach in Introductory Microeconomics Courses John Kane (State University of New York-Oswego)
A Classroom Experiment on Production Possibilities Frontier Zhifang Peng (Southern Illinois University-Carbondale) Dilara Tas (Southern Illinois University-Carbondale)
FRBSF University Symposium Program Yelena F. Takhtamanova (Federal Reserve Bank of San Francisco)
Teaching Resource Allocation: Markets, Lotteries, and Arbitrage Mike Allgrunn (University of South Dakota) David Carr (University of South Dakota) Robert Reinke (South Dakota Council on Economic Education, University of South Dakota)
TBA Barb Bloemhof (McMaster University, Canada)
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Saturday, January 5, 2:30 PM |
Session: Household Finance: Mortgage Choice, Persuasion, and Life Cycle Housing (AEA/AREUEA) |
Presiding: John Campbell (Harvard University)
Does it Pay to Read Your Junk Mail: Evidence on the Effect of Advertisement on Financial Decisions Sumit Agarwal (Federal Reserve Bank of Chicago) Brent Ambrose (Pennsylvania State University) Download Full-Text of Paper
Life-Cycle Housing and Portfolio Choice with Bond Markets Otto Van Hemert (New York University)
Who Takes Out Adjustable Rate Mortgages? Allie Schwartz (Harvard University)
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Saturday, January 5, 4:40 PM
Saturday, January 5, 4:40 PM |
Session: Presidential Address (AEA) |
Presiding: Avinash Dixit (Princeton University)
Presiding: Thomas Sargent (New York University)
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Sunday, January 6, 8:00 AM
Sunday, January 6, 8:00 AM |
Session: Student Incentives in Action: Experimental Evidence from Offering Money for Educational Achievement (AEA) |
Presiding: Joshua Angrist (Massachusetts Institute of Technology)
Paying to Learn: The Effects of Financial Incentives on Elementary School Test Scores Eric Bettinger (Case Western Reserve University)
Incentivising: An Intuitive Approach to Raising Achievement Roland Fryer ()
Lead them to Water and Pay them to Drink: An Experiment with Services and Incentives for College Achievement Joshua Angrist (Massachusetts Institute of Technology) Daniel Lang (University of Toronto) Philip Oreopoulos (University of Toronto)
The Effect of Financial Incentives on Community College Attainment: Evidence from Opening Doors Cecilia Rouse (Princeton University)
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Sunday, January 6, 8:00 AM |
Session: The Economics of Family and Work (AEA) |
Presiding: Raquel Bernal (Northwestern University)
The Economic of Child Adoption: Evidence from Micro-level Data Raquel Bernal (Northwestern University) Luojia Hu (Northwestern University) Chiaki Moriguchi (Northwestern University) Eva Nagypal (Northwestern University)
Are Working Women Good for Marriage? Zvika Neeman (Boston University) Andrew Newman (Boston University) Claudia Olivetti (Boston University)
Learning and Female Labor Force Participation Alessandra Fogli (New York University) Laura Veldkamp (New York University)
Explaining Wealth and Consumption Variation over the Life-Cycle and Across Households: a Dynamic Model of Labor Supply, Savings and Fertility John Knowles (University of Pennsylvania) Melissa Tartari (Yale University) Petra Todd (University of Pennsylvania)
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Sunday, January 6, 8:00 AM |
Session: Effects on Natural and Human Resources of the Rise of Markets in Developing Countries (AEA) |
Presiding: Mark Pitt (Brown University)
Water markets and the decline of the water table in India Andrew Foster (Brown University) Sheetal Sekhri (Brown University) Download Full-Text of Paper
Spring Cleaning: A Randomized Evaluation of Source Water Quality Improvement Alix Zwane (University of California, Berkeley) Michael Kremer (Harvard University) Jessica Leino (University of California, Berkeley) Edward Miguel (University of California, Berkeley)
The Costs of Decentralization: Water Pollution Spillovers from the Re-drawing of County Boundaries in Brazil Mushfiq Mobarak (University of Colorado, Boulder) Molly Lipscomb (University of Colorado, Boulder)
International Trade Competition, Market Power, and Gender Wage Differentials in India's Manufacturing Sector Nidhiya Menon (Brandeis University) Yana Rodgers (Rutgers University) Download Full-Text of Paper
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Sunday, January 6, 8:00 AM |
Session: Epidemiology and Economics (AEA) |
Presiding: Tomas Philipson (University of Chicago)
Global Drug Resistance Policy Scott Barrett (Johns Hopkins University) Michael Hoel (University of Oslo)
Optimal Control of Epidemics in Metapopulations Robert Rowthorn (University of Cambridge) Ramanan Laxminarayan (Resources for the Future) Christopher Gilligan (University of Cambridge) Download Full-Text of Paper
Endogenous Propagation of Rumours Motty Perry (Hebrew University of Jerusalem) Flavio Toxvaerd (University of Cambridge)
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Sunday, January 6, 8:00 AM |
Session: Health and Economic Outcomes: Linkages across the Life Cycle (AEA) |
Presiding: Hoyt Bleakley (University of Chicago)
'On the Street Where You Live': Effects of a Child's Neighborhood on Later Life Outcomes Joseph Ferrie (Northwestern University) Karen Rolf (University of Nebraska) Werner Troesken (University of Pittsburgh)
U.S. Above-Ground Nuclear Tests of the 1950s and Subsequent Health and Socioeconomic Outcomes in North Carolina Douglas Almond (Columbia University) Michael Greenstone (Massachusetts Institute of Technology)
Under the Weather: Health, Schooling, and Socioeconomic Consequences of Early-Life Rainfall Dean Yang (University of Michigan) Sharon Maccini (University of Michigan)
Malaria in the Americas: A Retrospective Analysis of Childhood Exposure Hoyt Bleakley (University of Chicago)
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Sunday, January 6, 8:00 AM |
Session: Exchange Rates and Trade Prices in Emerging Markets (AEA) |
Presiding: Lorenzo Bini-Smaghi (Member of the Executive Board, European Central Bank)
Exchange Rate Volatility and Productivity Growth: The Role of Financial Development Philippe Aghion (Harvard University) Philippe Bacchetta (Study Center Gerzensee) Romain Ranciere (International Monetary Fund) Kenneth Rogoff (Harvard University)
Trade Openness and Monetary Policy Rules Guillermo Calvo (University of Maryland) Ondra Kamenik (Czech National Bank) Michael Kumhof (Stanford University)
Slow Pass-through Around the World: A New Import for Developing Countries? Jeffrey Frankel (Harvard University) David Parsley (Vanderbilt University) Shang-Jin Wei (International Monetary Fund)
Pricing to Market in Emerging Markets: the Role of the Exchange Rate Regime Matthieu Bussiere (European Central Bank) Matthieu Bussiere (European Central Bank) Tuomas Peltonen (European Central Bank)
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Sunday, January 6, 8:00 AM |
Session: Long-Run Risk (AEA) |
Presiding: Stijn Van Nieuwerburgh (New York University)
Long-Run Risk in Financial Economics Ravi Bansal (Duke University Fuqua)
An Estimation of Economic Models with Recursive Preferences Xiaohong Chen (Yale University) Jack Favilukis (London School of Economics) Sydney Ludvigson (New York University and NBER) Download Full-Text of Paper
The Role of the Wealth-Consumption Ratio in Leading Asset Pricing Models Hanno Lustig (University of California, Los Angeles) Stijn Van Nieuwerburgh (New York University) Adrien Verdelhan (Boston University)
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Sunday, January 6, 8:00 AM |
Session: Product Markets and Corporate Finance (AEA) |
Presiding: Dalida Kadyrzhanova (University of Maryland)
Managerial Incentives and Dynamic Competition Antonio Falato (Federal Reserve Board) Dalida Kadyrzhanova (University of Maryland)
Dynamic Competition, Innovation and Strategic Financing Heather Tookes (Yale School of Management) Matthew Spiegel (Yale School of Management)
Market Structure, Internal Capital Markets, and the Boundaries of the Firm Richmond Mathews (Duke University) David Robinson (Duke University) Download Full-Text of Paper
Real and Financial Industry Booms and Busts Gerard Hoberg (University of Maryland) Gordon Phillips (University of Maryland and NBER) Download Full-Text of Paper
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Sunday, January 6, 8:00 AM |
Session: International Capital Flows (AEA) |
Presiding: Assaf Razin (Tel Aviv University and Cornell University)
International Capital Flows Cedric Tille (Federal Reserve Bank of New York) Eric van Wincoop (University of Virginia)
Country Portfolio Dynamics Michael Devereux (University of British Columbia) Alan Sutherland (University of St. Andrews)
Return Volatility and International Portfolio Choice Nicolas Coeurdacier (ESSEC and Paris School of Economics) Robert Kollmann (ECARES, Free University of Brussels) Philippe Martin (University of Paris 1 and Paris School of Economics)
Portfolio Balance and Reversals of International Capital Stocks: Differences Across Debt and Equity Capital Itay Goldstein (University of Pennsylvania) Assaf Razin (Tel Aviv University and Cornell University) Hui Tong (International Monetary Fund)
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Sunday, January 6, 8:00 AM |
Session: Trade and Political Economy (AEA) |
Presiding: Giovanni Maggi (Princeton University)
The Choice of Inefficient Redistribution Policies in International Trade Nuno Limao (University of Maryland) Patricia Tovar-Rodriguez (Brandeis University)
Fast Track Authority and International Negotiations Paola Conconi (Universitè Libre de Bruxelles (ECARES) and CEPR) Giovanni Facchini (University of Essex, Universita degli Studi di Milano and CEPR) Maurizio Zanardi (Tilburg University) Download Full-Text of Paper
Foreign Influence and Trade Policy Pol Antras (Harvard University) Gerard Padro-i-Miquel (Stanford University)
Protection with Many Sellers: An Application to Legislatures with Malapportionment William Hauk (University of South Carolina) Download Full-Text of Paper
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Sunday, January 6, 8:00 AM |
Session: The Causes and Consequences of Medical Innovation (AEA) |
Presiding: Rena Conti (University of Chicago)
Pharmaceutical Firms' Strategic Innovation Decisions and Patients' Welfare Dynamics: Innovate or Imitate? Paris Cleanthous (New York University) Wonjoon Kim (Korea Advanced Institute of Science & Technology/Yale University ) Dick Wittink (Yale University)
Does Experience Make Better Doctors? Experience from LASIK eye surgeries Juan Contreras (CBO) Beomsoo Kim (University of North Carolina at Greensboro) Ignez Tristao (CBO) Download Full-Text of Paper
The Economic Value of New Treatments for Depression Rena Conti (The University of Chicago)
Taking Pills to Work: Are Chronically Ill Middle-Aged Men Made Better Off in Labor Markets by Medical Innovations? Bo MacInnis (University of Michigan)
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Sunday, January 6, 8:00 AM |
Session: Empirical Studies of Household Financial Behavior (AEA) |
Presiding: David Love (Williams College)
Active Pension Participation and Household Wealth Accumulation Jason Seligman (University of Georgia) Rana Bose (University of Georgia) Download Full-Text of Paper
Adverse Selection in Annuity Markets: Evidence from the British Life Annuity Act of 1808 Casey Rothschild (Middlebury College) Download Full-Text of Paper
Financial Innovations and Household Spending Behavior Wendy Edelberg (Federal Reserve Board) Michael Palumbo (Federal Reserve Board) David Reifschneider (Federal Reserve Board)
Risky Pensions and Household Saving over the Life Cycle David Love (Williams College) Paul Smith (Federal Reserve Board)
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Sunday, January 6, 8:00 AM |
Session: Applications of Recent Methodology in Project Evaluation (AEA) |
Presiding: Christopher Taber (Northwestern University)
Using Selection of Observed Variables to Assess Bias from Unobservables when Evaluating Swan-Ganz Catheterization Joseph Altonji (Yale University and NBER) Todd Elder (Michigan State University) Christopher Taber (Northwestern University)
Exploiting Instrumental Variables to Bound the Effect of Swan-Ganz Catheterization Jay Battacharya (Stanford University) Azeem Shaikh (Yale University) Edward Vytlacil (Columbia University)
Estimating Average Treatment Effects with Continuous and Discrete Covariates Qi Li (Texas A&M University) Jeff Racine (McMaster University) Jeffrey M. Wooldridge (Michigan State University)
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Sunday, January 6, 8:00 AM |
Session: Height, Health and Economic Development (AEA) |
Presiding: Anne Case (Princeton University)
Height and Cognitive Function Anne Case (Princeton University) Christina Paxson (Princeton University)
Height, health and inequality: the distribution of adult heights in India Angus Deaton (Princeton University) Download Full-Text of Paper
Inequality in Height and Inequality in Living Standards: Historical Evidence from Italy Franco Peracchi (Universita di Roma) Giovanni Vecchi (Universita di Roma) Brian A'Hearn (Franklin and Marshall College)
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Sunday, January 6, 8:00 AM |
Session: New Comparative Economic History (AEA) |
Presiding: Alan M. Taylor (University of California-Davis)
Made in America? The Industrial Revolution and the New World Gregory Clark (University of California-Davis) Kevin H. O'Rourke (Trinity College) Alan M. Taylor (University of California-Davis) Download Full-Text of Paper
Trade Costs, 1800-2000 David S. Jacks (Simon Fraser University) Christopher M. Meissner (Cambridge University) Dennis Novy (University of Warwick, UK)
A Century of Global Equity Market Correlations Hans-Jaochim Voth (Universitat Pompeu Fabra) Dennis Quinn (Georgetown University)
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Sunday, January 6, 8:00 AM |
Session: Price Manipulation in Financial Markets (AEA) |
Presiding: Shmuel Baruch (University of Utah)
How to Define Illegal Price Manipulation Albert S. Kyle (University of Maryland) Vish Viswanathan (Duke University)
Microstructure Bluffing with Nested Information Bilge Yilmaz (University of Pennsylvania) Archishman Chakraborty (Baruch College, City University of New York) Download Full-Text of Paper
Managerial Incentives and Stock Price Manipulation Ailsa Roell (Columbia University) Lin Peng (Baruch College, City University of New York)
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Sunday, January 6, 8:00 AM |
Session: Social Capital, Risk Sharing, and Development (AEA) |
Presiding: Sebnem Kalemli-Ozcan (University of Houston and NBER)
Social Capital and Risk Sharing: Evidence from the U.S. Aimee Chen (University of Houston and NBER) Sebnem Kalemli-Ozcan (University of Houston and NBER) Bent Sorensen (University of Houston and NBER)
Testing Putnam Luigi Guiso (European University Institute and CEPR) Paola Sapienza (Northwestern University and CEPR) Luigi Zingales (University of Chicago and NBER and CEPR)
Social Capital and the Viability of Nonprofit Firms: Evidence from Norwegian Savings Banks Charlotte Ostergaard (Norwegian School of Management) Ibolya Schindele (Norwegian School of Management) Bent Vale (Norwegian Central Bank) Download Full-Text of Paper
Identity, Interest and Commitment: Voting in Indian Panchayat Elections Ashley Lester (Brown University) Kaivan Munshi (Brown University) Mark Rosenzweig (Yale University and NBER)
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Sunday, January 6, 8:00 AM |
Session: Marriage, Divorce, and Fertility (AEA) |
Presiding: Karine S. Moe (Macalester College)
Explaining the Returns to Delayed Childbearing for Working Women Kasey Buckles (University of Notre Dame) Download Full-Text of Paper
The Effect of Children's Gender on Living Arrangements and Child Support Kristin Mammen (Barnard College) Download Full-Text of Paper
Divorce-Law Changes, Household Bargaining, and Married Women's Labor Supply Revisited Betsey Stevenson (University of Pennsylvania) Download Full-Text of Paper
Impaired Fecundity, Fertility, and Married Women's Labor Supply Jungmin Lee (University of Arkansas-Fayetteville and IZA, Germany) Amy Farmer (University of Arkansas-Fayetteville)
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Sunday, January 6, 8:00 AM |
Session: The Output of Banking and Finance (AEA) |
Presiding: J. Steven Landefeld (Director, Bureau of Economic Analysis)
New Measures of the Services of Commercial Banks in US GDP Dennis Fixler (Bureau of Economic Analysis) Marshall Reinsdorf (Bureau of Economic Analysis) George Smith (Bureau of Economic Analysis)
Technological Progress, "Money" in the Utility Function, and the "User Cost of Money" Susanto Basu (Boston College and Federal Reserve Bank of Boston) J. Christina Wang (Boston College and Federal Reserve Bank of Boston)
Measuring the Contribution of Recent Financial Innovations in the National Accounts Adam Ashcraft (Federal Reserve Bank of New York)
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Sunday, January 6, 8:00 AM |
Session: Computer Assisted Instruction: Making Technology Effective in Principles Courses (AEA) |
Presiding: Betty J. Blecha (San Francisco State University)
Macropolicy: Simulation Software for Principles of Macroeconomics Joseph Palardy (Youngstown State University) Kriss Schueller (Youngstown State University) Tod Porter (Youngstown State University)
Cickenomics: Using a Classroom Response System to Increase Student Engagement in the Principles of Economics Course Michael Salemi (University of North Carolina-Chapel Hill) Download Full-Text of Paper
Principles of Economics as a Game Stuart Allen (University of North Carolina-Greensboro) Jeff K. Sarbaum (University of North Carolina-Greensboro)
The Efficacy of Technology in Online Principles Courses Cole R. Gustafson (North Dakota State University) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM
Sunday, January 6, 10:15 AM |
Session: Economics of Terrorism (AEA) |
Presiding: Walter Enders (University of Alabama)
Terrorist Backlash, Terrorism Mitigation, and Policy Delegation Kevin Siqueira (University of Texas at Dallas) Todd Sandler (University of Texas at Dallas) Download Full-Text of Paper
The Economics of Security Externalities Howard Kunreuther (Wharton School, University of Pennsylvania) Erwann Michel-Kerjan (Wharton School, University of Pennsylvania) Download Full-Text of Paper
Optimal Security Investments and Catastrophic Terrorism Hamid Mohtadi (University of Wisconsin at Milwaukee and University of Minnesota) Swati Agiwal (University of Minnesota) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Relational Contracts and Transactional Efficiency (AEA) |
Presiding: Claude Menard (ATOM - University of Paris Pantheon - Sorbonne)
What Do Managers Do? Suggestive Evidence and Potential Theories about Building and Managing Relational Contracts Robert Gibbons (Massachusetts Institute of Technology) Rebecca Henderson (Massachusetts Institute of Technology)
The Governance of Interfirm Agreements: A Relational Contract Perspective Claude Menard (ATOM - University of Paris Pantheon - Sorbonne)
Horizontal integration and Reputation: an application to local public services Eshien Chong (University Paris XI Sud) Claudine Desrieux (University Paris XI Sud) Stephane Saussier (University Paris XI Sud) Download Full-Text of Paper
Contractual Completeness and Ex-post Efficiency:Trade-Offs between Ex-Ante and Ex-Post Costs in Contract Design Ricard Gil (University California, Santa Cruz) Jean-Michel Oudot (ATOM - University Paris Pantheon - Sorbonne)
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Sunday, January 6, 10:15 AM |
Session: The Behavioral Economics of Choice and the Shaping of Policy (AEA) |
Presiding: Jeffrey Kling (Brookings Institution)
Nudging 401(K) Participants Towards Better Choices Shlomo Benartzi (University of California, Los Angeles) Richard Thaler (University of Chicago)
Effects of Public Policies on the Disposition of Pre-Retirement Lump-Sum Distributions: Rational and Behavioral Influences William Gale (Brookings Institution) Len Burman (Urban Institute) Norma Coe (Tilburg University) Misha Dworsky (Stanford University) Download Full-Text of Paper
Harnessing Market Forces not Market Complexity Jeffrey Kling (Brookings Institution) Sendhil Mullainathan (Harvard University) Eldar Shafir (Princeton University)
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Sunday, January 6, 10:15 AM |
Session: Structural Reforms and Development (AEA) |
Presiding: Anne Krueger (Stanford University)
The Persistence of Underdevelopment: Constituencies and Competitive Rent Preservation Raghuram Rajan (University of Chicago)
What Determines Structural Reforms in Developing Countries? Prachi Mishra (International Monetary Fund) Diego Scalise (International Monetary Fund) Antonio Spilimbergo (International Monetary Fund)
What Is the Impact of Structural Policies in Developing Countries? Alessandro Prati (International Monetary Fund) Thierry Tressel (International Monetary Fund) Zhiwei Zhang (International Monetary Fund)
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Sunday, January 6, 10:15 AM |
Session: The Effects of Targeted Financial Incentives on Public-Sector Labor Market Decisions (AEA) |
Presiding: Eric Hanushek (Hoover Institution, Stanford University)
The Effects of Workforce-Contingent Financial Aid on New Teachers' Employment Decisions Richard Murnane (Harvard University) Jennifer Steele (Harvard University) John Willett (Harvard University)
Educational Debt Burden and Early Career Choice: Long-run Evidence from a Financial Aid Experiment Erica Field (Harvard University)
Differential Pay within School Districts: Is Combat Pay Effective? Jennifer Imazeki (San Diego State University)
Would Higher Salaries Keep Teachers in High-Poverty Schools? Evidence from a Policy Intervention in North Carolina Charles Clotfelter (Duke University) Elizabeth Glennie (Duke University) Helen Ladd (Duke University) Jacob Vigdor (Duke University)
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Sunday, January 6, 10:15 AM |
Session: Options Backdating and Corporate Governance (AEA) |
Presiding: Chester Spatt (Securities and Exchange Commission and Carnegie Mellon University)
What fraction of stock option grants to top executives have been backdated or manipulated? Randall Heron (Indiana University) Erik Lie (University of Iowa) Download Full-Text of Paper
Lucky CEOs Lucian Bebchuk (Harvard Law School ) Yaniv Grinstein (Cornell University)
Timing and Backdating of Executive Stock Option Exercises Before and After the Sarbanes-Oxley Act David Cicero (Securities and Exchange Commission and University of Georgia)
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Sunday, January 6, 10:15 AM |
Session: Taxation and Corporate Investment and Financial Policies (AEA) |
Presiding: Jianjun Miao (Boston University)
Dynamic Effects of Permanent and Temporary Dividend Tax Cuts on Corporate Investment and Financial Policies Jianjun Miao (Boston University) Francois Gourio (Boston University)
Dividend taxes, Partial Expensing and Business Fixed Investment: The Case of the Bush Tax Cuts Alan Auerbach (University of California, Berkeley) Eric Chaney (University of California, Berkeley) Kevin Hassett (American Enterprise Institute)
Dividend Taxation and Intertemporal Tax Arbitrage Anton Korinek (Columbia University) Joseph Stiglitz (Columbia University)
The Corporate Propensity to Save Leigh Riddick (American University) Toni Whited (University of Wisconsin at Madison) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Real-Time Data Analysis and Forecasting (AEA) |
Presiding: Dean Croushore (University of Richmond)
Why Did the Fed Act Gradually? Tracking Inflation Pressure in Real Time Pierre Siklos (Wilfrid Laurier University) Diana Weymark (Vanderbilt University) Download Full-Text of Paper
Comparing Greenbook and Reduced Form Forecasts Using a Large Real-Time Dataset Jon Faust (Johns Hopkins University) Jonathan Wright (Federal Reserve Board)
Modeling Data Revisions: Measurement Error and Dynamics of 'True' Values Jan Jacobs (CCSO and University of Groningen) Simon van Norden (HEC Montreal)
Revisions to PCE Inflation Measures: Implications for Monetary Policy Dean Croushore (University of Richmond) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Micro-evidence on Costs and Benefits of Financial Integration (AEA) |
Presiding: Galina Hale (Federal Reserve Bank of San Francisco)
The Mishmash on Mismatch? The Role of Corporate Balance-Sheets in Emerging-Market Crises. Hoyt Bleakley (University of Chicago) Kevin Cowan (Banco Central de Chile)
Capital Account Liberalization: Theory, Evidence, and Speculation Peter Henry (Stanford University Graduate School of Business)
The Effect of Foreign Entry on Banking Sector Stability and Efficiency: Evidence from South Korea Heiner Schulz (University of Pennsilvania)
When Shall a Country Have its Own Bond Market?: Evidence from debt listing decisions before and after the launch of the EMU Galina Hale (Federal Reserve Bank of San Francisco) Mark Spiegel (Federal Reserve Bank of San Francisco)
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Sunday, January 6, 10:15 AM |
Session: The Economics of Conflict and Nation-building (AEA) |
Presiding: Sharun Mukand (Tufts University)
The Political Economy of Warfare Edward L. Glaeser (Harvard University)
The Ballot and the Plough in Nation-Building Sumon Majumdar (Queen's University) Sharun Mukand (Tufts University)
Hard Targets: Theory and Evidence on Suicide Attacks Eli Berman (University of California, San Diego) David Laitin (Stanford University)
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Sunday, January 6, 10:15 AM |
Session: Empirical Analyses of Organizations and Markets (AEA) |
Presiding: Thomas Hubbard (Northwestern University)
The Return to Knowledge Hierarchies Luis Garicano (University of Chicago) Thomas Hubbard (Northwestern University)
Word-of-mouth in Movies with Platform Release: Theory and Evidence Yijuan Chen (University of Pennsylvania) Qiang Pan (University of Pennsylvania)
Do Lawyers Work for Clients? Using Timing of Dropped Cases to Estimate Incentive Misalignment Yasutora Watanabe (Northwestern University) Download Full-Text of Paper
Institutional Determinants of Vertical Integration: Evidence from China Joseph P.H. Fan (The Chinese University of Hong Kong) Jun Huang (Shanghai University of Finance & Economics) Randall Morck (University of Alberta) Bernard Yeung (New York University)
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Sunday, January 6, 10:15 AM |
Session: The Economics of Teams and Groups (AEA) |
Presiding: Ernesto Reuben (Northwestern University)
Teams and Social Preferences Michael Brady (The Ohio State University) Steven Wu (The Ohio State University)
Social Network and Knowledge Sharing among Team Members: An Econometric Case Study of a Chinese textile firm Takao Kato (Colgate University)
Public Goods Provision and Sanctioning in Privileged Groups Ernesto Reuben (Northwestern University) Arno Riedl (Maastricht University) Download Full-Text of Paper
The power of the family Alberto Alesina (Harvard University) Paola Giuliano (Harvard University)
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Sunday, January 6, 10:15 AM |
Session: New Developments in Taxation Economics (AEA) |
Presiding: Clemens Sialm (University of Texas at Austin and NBER)
Optimal Tax-Timing and Asset Allocation when Tax Rebates on Capital Losses are Limited Marcel Marekwica (University of Regensburg) Download Full-Text of Paper
Capital Income Taxation and Risk-Sharing Marika Santoro (Congressional Budget Office) Download Full-Text of Paper
Labor Supply, Deadweight Loss and Tax Reform Act of 1986: A Nonparametric Evaluation Using Panel Data Anil Kumar (Federal Reserve Bank of Dallas)
Tax Changes and Asset Pricing Clemens Sialm (University of Texas at Austin and NBER) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Assets and Credit Among Low-Income Households (AEA) |
Presiding: Rebecca Blank (University of Michigan)
Mortgages and Homeownership among Low- and Moderate Income Families Edward Gramlich (Urban Institute)
Differential Credit Market Use for Car Purchases by Income Level Kerwin Charles (University of Chicago) Mel Stephens (Carnegie Mellon University) Benjamin Keys (University of Michigan)
Saving Whilst Gambling: An Empirical Analysis of U.K. Premium Bonds Peter Tufano (Harvard University and NBER) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: New Perspectives on Financial Globalization (AEA) |
Presiding: Jeffrey Frankel (Harvard University)
The Drivers of Financial Globalization Philip Lane (Trinity College, University of Dublin) Gian Maria Milesi-Ferretti (International Monetary Fund) Download Full-Text of Paper
Returns and Net Foreign Asset Structure Pierre Olivier Gourinchas (University of California-Berkeley) Helene Rey (Princeton University)
Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison Carmen Reinhart (University of Maryland and NBER) Kenneth Rogoff (Harvard University and NBER) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Work Incentives, Motivation, and Identity (AEA) |
Presiding: Rachel Kranton (University of Maryland)
Bureaucratic Conflict Canice Prendergast (University of Chicago)
Investing in Motivation Timothy Besley (London School of Economics) Maitreesh Ghatak (London School of Economics)
Whistleblowing and Sabotage: Loyalty and Work Group Identity George Akerlof (University of California-Berkeley) Rachel Kranton (University of Maryland)
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Sunday, January 6, 10:15 AM |
Session: Household Bargaining and Financial Security (AEA) |
Presiding: Sharon Tennyson (Cornell University)
Determinants and Consequences of Bargaining Power within Households Leora Friedberg (University of Virginia) Anthony Webb (Boston College)
Household Bargaining and the Purchase of Long Term Care Insurance: My Wife is My Long Term Care Insurance H. Elizabeth Peters (Carleton University) Sharon Tennyson (Carleton University) Frances Woolley (Carleton University)
As Good As It Gets: Financial Security and the Dynamics of Power within Households Jerome De Henau (Open University) Susan Himmelweit (Open University)
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Sunday, January 6, 10:15 AM |
Session: Computer Assisted Instruction: New Resources and Directions (AEA) |
Presiding: Tod S. Porter (Youngstown State University)
50 Web-Based Experiments Charles Holt (University of Virginia)
Aggregate Production Functions with Micro Foundations Craig Marcott (University of St. Thomas) Download Full-Text of Paper
Recent Developments in the Economics Network Inna Pomorina (University of Bristol, UK) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: Health and Education in Developing Countries (AEA) |
Presiding: Alicia Menendez (University of Chicago)
Impact of Malaria Eradication on Education and Fertility Adrienne Lucas (Wellesley College) Download Full-Text of Paper
HIV Testing and Subjective Expectations in Rural Malawi Adeline Delavande (RAND Corporation and Universidade Nova de Lisboa) Hans-Peter Kohler (University of Pennsylvania) Download Full-Text of Paper
Incentives to Teach Badly? After-School Tutoring in Developing Countries Seema Jayachandran (Stanford University) Paul Glewwe (University of Minnesota)
The Impact of Sibling Sex Composition on Educational Attainment: A Unique Natural Experiment by Twins Gender Shocks Stacey Chen (State University of New York-Albany and NBER) Jin-Tan Liu (National Taiwan University and NBER) Yen-Chien Chen (National Taiwan University and NBER) Download Full-Text of Paper
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Sunday, January 6, 10:15 AM |
Session: AEA Committee on the Status of Minority Groups in the Economics Profession - Dissertation Session (AEA) |
Presiding: Cecilia Rouse (Princeton University)
Prison Labor in a Model of Dynamic and Complete Information Robynn Cox (Georgia State University)
Poverty Reduction, Aid and Economic Freedom Maharouf Oyolola (University of Wisconsin-Milwaukee)
Noncognitive Ability, College Learning, and Student Retention Omari H. Swinton (Howard University) Download Full-Text of Paper
The Dynamics of Jobholding among Contingent Workers and the Effect on Family Earnings Leslie Wallace (University of California-San Diego) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM
Sunday, January 6, 12:30 PM |
Session: Property Rights in Transition (AEA) |
Presiding: Ekaterina Zhuravskaya (New Economic School)
Dictators and Oligarchs: A Dynamic Theory of Contested Property Rights Sergei Guriev (New Economic School) Konstantin Sonin (New Economic School) Download Full-Text of Paper
Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries Timothy Frye (University of Columbia) Irina Denisova (CEFIR) Markus Eller (CEFIR) Ekaterina Zhuravskaya (New Economic School)
Is Russia's Growth a "Flash in the Pan?" Daniel Berkowitz (University of Pittsburgh) Yadviga Semikolenova (Colorado School of Mines, Division of Economics and Business) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Economic Effects of Natural Disasters (AEA) |
Presiding: Dean Yang (University of Michigan)
Gone with the Wind? Hurricane Risk, Fertility and Education Claus Portner (University of Washington) Download Full-Text of Paper
Coping With Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002 Dean Yang (University of Michigan) Download Full-Text of Paper
Determinants of Sri Lankan Microenterprise Recovery after the Tsunami Suresh de Mel (University of Peradeniya) David McKenzie (The World Bank) Christopher Woodruf (University of California, San Diego)
Mental Health in the Aftermath of the Tsunami: The Role of Family Loss and Exposure to Trauma Elizabeth Frankenberg (University of California, Los Angeles) Jed Friedman (The World Bank) Thomas Gillespie (University of California, Los Angeles) et al. DUNCAN (THOMAS)
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Sunday, January 6, 12:30 PM |
Session: Determinants of Financial Decision Making Among The Poor: Risk, Impatience and Trust (AEA) |
Presiding: Erin Krupka (IZA)
The Trouble With (Subjective) Discount Rates: What Do Patterns of Impatience Among the Very Poor Tell Us? Erin Krupka (IZA)
Loving a bad bet: Factors that induce low income individuals to purchase state lottery tickets Emily Haisley (Carnegie Mellon University) George Loewenstein (Carnegie Mellon University) Romel Mostafa (Carnegie Mellon University) Download Full-Text of Paper
Measuring the Individual-Level Effects of Access to Credit: Evidence from Payday Loans Paige Marta Skiba (Vanderbilt University) Jeremy Tobacman (University of Oxford)
Trust and Decision Making in the Context of Poverty Crystal Hall (Princeton University) Eldar Shafir (Princeton University)
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Sunday, January 6, 12:30 PM |
Session: Measuring the Value of a Statistical Life Using Revealed Preferences (AEA) |
Presiding: Peter Kooreman (Tilburg University)
Recent Changes in Mandated Speed Limits and theValue of a Statistical Life Orley Ashenfelter (Princeton University) Michael Greenstone (Massachusetts Institute of Technology)
Survival is Not a Luxury Good: The Increasing Value of a Statistical Life James Hammitt (Harvard University) Jin-Tan Liu (National Taiwan University) Jin-Long Liu (National Central University)
Flu Shots, Mammograms, and the Value of a Statistical Life Katie Carman (Tilburg University) Peter Kooreman (Tilburg University)
Estimates of the Value of a Statistical Life from Military Reenlistments Carlos Dobkin (University of California, Santa Cruz) Michael Greenstone (Massachusetts Institute of Technology)
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Sunday, January 6, 12:30 PM |
Session: Innovation, Productivity, and Firm Behavior (AEA) |
Presiding: Ralf Martin (Centre for Economic Performance, London School of Economics)
Trade induced technical change? The impact of Chinese imports on technology and employment Nick Bloom (Stanford University) Mirko Draca (Centre for Economic Performance, London School of Economics) John Van Reenen (London School of Economics) Download Full-Text of Paper
Using price and demand information to identify production functions Jordi Jaumandreu (Universidad Carlos III) Jacques Mairesse (CREST, France and NBER)
R&D and productivity: Estimating production functions when productivity is endogenous Ulrich Doraszelski (Harvard University and CEPR) Jordi Jaumandreu (Universidad Carlos III and CEPR) Download Full-Text of Paper
Firm Innovation, Productivity, and Trade Bruno Cassiman (IESE Business School and University of Leuven) Elena Golovko (Tilburg University) David Greenstreet (University of Oxford and Centre for Economic Performance) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Technological Change and Stock Price Dynamics (AEA) |
Presiding: Pietro Veronesi (University of Chicago)
Investment Options and the Business Cycle Boyan Jovanovic (New York University) Download Full-Text of Paper
Pay the Giants: Complementary Ideas and the Stock Market John Laitner (University of Michigan) Dmitriy Stolyarov (University of Michigan)
Stock Price Volatility and Patent Citation Dynamics: the case of the pharmaceutical industry Mariana Mazzucato (Open University) Massimiliano Tancioni (University of Rome) Download Full-Text of Paper
Technological Revolutions and Stock Prices Lubos Pastor (University of Chicago) Pietro Veronesi (University of Chicago) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Aging and Financial Markets (AEA) |
Presiding: John Driscoll (Federal Reserve Board)
The Age of Reason: Financial Decisions Over the Lifecycle Sumit Agarwal (Federal Reserve Bank of Chicago) John Driscoll (Federal Reserve Board) Xavier Gabaix (New York University) David Laibson (Harvard University) Download Full-Text of Paper
Financial Literacy, Again, and Retirement Wellbeing Annamaria Lusardi (Dartmouth College)
Who Makes Credit Card Mistakes? Anthony Saunders (New York University) Barry Scholnick (University of Alberta) Nadia Massoud (University of Alberta)
Does Investment Skill Decline due to Cognitive Aging or Improve with Experience? George Korniotis (Federal Reserve Board) Alok Kumar (University of Texas at Austin) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Macroeconomic Implications of Risk Sharing (AEA) |
Presiding: Borja Larrain (Universidad Catolica de Chile)
International Risk-Taking, Volatility, and Consumption Growth Maria Giduskova (Federal Reserve Bank of Boston) Borja Larrain (Universidad Catolica de Chile)
Financial Globalization, Portfolio Diversification, and the Pattern of International Trade Miklos Koren (Federal Reserve Bank of New York)
Insuring Human Capital Risk: A Life-Cycle Perspective Paul Willen (Federal Reserve Bank of Boston)
Intergenerational Risksharing and Equilibrium Asset Prices John Campbell (Harvard University) Yves Nosbusch ()
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Sunday, January 6, 12:30 PM |
Session: People and Growth: Demography, Human Capital, and Economic Growth (AEA) |
Presiding: John Seater (North Carolina State University)
When and Why Did Technical Change Become Skill Biased? Ashley Lester (Brown University)
Time Allocation between Innovation and Education Maurizio Iacopetta (Georgia Institute of Technology)
Women's Liberation: What's in It for Men? Michele Tertilt (Stanford University) Matthias Doepke (University of California-Los Angeles)
The Role of Adult Mortality in the Transmission of Knowledge Michael Bar (San Francisco State University) Oksana Leukhina (University of North Carolina)
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Sunday, January 6, 12:30 PM |
Session: Twenty Years of the Survey of Income and Program Participation: Past, Present and Future (AEA) |
Presiding: Timothy Smeeding (Syracuse University)
The Lifetime Labor Supply of Low-wage Workers Jeffrey Liebman (Harvard University)
The Covariance of Earnings and Hours Revisited Martha Stinson (U.S. Cenus Bureau) John Abowd (Cornell University) Gary Benedetto (U.S. Census Bureau) Download Full-Text of Paper
The Effect of Demographic Change on Pension Participation and Pension Assets in the Future James Poterba (Massachusetts Institute of Technology) Steven Venti (Dartmouth College) David Wise (Harvard University)
Understanding the Impact of Pension Changes on the Retirement Prospects of Baby Boomers Barbara Butrica (The Urban Institute) Howard Iams (Social Security Administration) Karen Smith (The Urban Institute)
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Sunday, January 6, 12:30 PM |
Session: Complexity and Dynamics in Macroeconomics: Alternatives to the DSGE Models (AEA) |
Presiding: David C. Colander (Middlebury College)
Beyond DSGE Models: Towards an Empirically-Based Macroeconomics David Colander (Middlebury College) Alan Kirman (GREQAM, Marseille, France) Peter Howitt (Brown University) Axel Leijonhufvud (University of California-Los Angeles and University of Trento) Perry Mehrling (Barnard College) Download Full-Text of Paper
New Approaches to Macroeconomics Policy Evaluation William Brock (University of Wisconsin-Madison) Steven Durlauf (University of Wisconsin-Madison)
Modeling Macroeconomics as Open-Ended Dynamic Systems of Interacting Agents Rob Axtell (George Mason University) Blake LeBaron (Brandeis University) Leigh Tesfatsion (Iowa State University)
Allowing the Data to Speak Freely: The Macroeconometrics of the Cointegrated Vector Autoregression Kevin Hoover (Duke University) Katarina Juselius (University of Copenhagen) Soren Johansen (University of Copenhagen) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Information Aggregation by Voting (AEA) |
Presiding: Roger Myerson (University of Chicago)
Information Aggregation and Equilibrium Selection in Committees Jacob K. Goeree (California Institute of Technology) Thomas R. Palfrey (California Institute of Technology) S. Nageeb Ali (University of California, San Diego) Navin Kartik (University of California, San Diego) Download Full-Text of Paper
Costly Expertise Dino Gerardi (Yale University) Leeat Yariv (California Institute of Technology)
Information and Pivotal Voter Models in Large Laboratory Elections Marco Battaglini (Princeton University) Rebecca Morton (New York University) Thomas R. Palfrey (California Institute of Technology) Download Full-Text of Paper
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Sunday, January 6, 12:30 PM |
Session: Studying Risk Preferences in Natural and Lab Experiments: The Case of Deal or No Deal (AEA) |
Presiding: Jungmin Lee (University of Arkansas-Fayetteville and IZA)
Dynamic Choice Behavior: International Evidence from a Natural Experiment Glenn Harrison (University of Central Florida) Steffen Anderson (Centre for Economic and Business Research, Denmark) Anabela Botelho (University of Minho and NIMA, Portugal) Morten Lay (Durham University, UK) Elisabet Rutstrom (University of Central Florida)
Is a Dollar in the Hand Worth Two in a Lottery? Risk Aversion and Prospect Theory in Deal or No Deal Daniel Mulino (Monash University, Australia) Richard Scheelings (Monash University, Australia) Robert Brooks (Monash University, Australia) Robert Faff (Monash University, Australia)
Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show Theirry Post (Erasmus University, The Netherlands) Martijn Van Den Assem (Erasmus University, The Netherlands) Guido Baltussen (Erasmus University, The Netherlands) Richard Thaler (University of Chicago)
Risk Aversion beyond Individual Decisions: An Extension of Deal or No Deal Cary Deck (University of Arkansas-Fayetteville) Jungmin Lee (University of Arkansas-Fayetteville and IZA, Germany) Javier Reyes (University of Arkansas-Fayetteville)
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