AEAweb: AEA 2012 Annual Meeting PapersJan 06, 2012
Jan 06, 2012 8:00 am, Hyatt Regency, Acapulco
American Economic Association Conduct, Regulation, and Investment in Restructured Electricity Markets
(L5)
Presiding:
John Kwoka
(Northeastern University)
Dynamic Response to Environmental Regulation in the Electricity Industry [Download Preview] Estimating Market Power in Homogenous Product Markets Using A Composed Error Model: Application to the California Electricity Market [Download Preview] Efficiency of Auctions for Financial Transmission Rights [Download Preview] The Price Effects of Independent Transmission System Operators in the U.S. Electricity Market [Download Preview] Investment in Transmission for Solar Power Plant Interconnection
Discussants:
Alan H. Sanstad
(Lawrence Berkeley National Laboratory)
Mar Reguant
(Stanford University)
Seabron Adamson
(Tulane Energy Institute and CRAI)
Kemal Sarica
(Purdue University)
Chiara Lo Prete
(Johns Hopkins University)
Jan 06, 2012 8:00 am, Hyatt Regency, Columbus EF
American Economic Association Consumer Choice, Public Policy and Nutrition
(L2)
Presiding:
Aviv Nevo
(Northwestern Univeristy)
Prices, Local Purchasing Environments and Nutrition: Evidence from Consumer Scanner Data The Impact of Government Advertising on the Market for Fruit and Vegetables Demand for Nutrition: A Cross Country Comparison of US, UK and France
Discussants:
Timothy Richards
(Arizona State University)
Sofia B. Villas-Boas
(University of California-Berkeley)
Arthur Lewbel
(Boston College)
Jan 06, 2012 8:00 am, Hyatt Regency, Columbus KL
American Economic Association Economic Circumstances and Child Health
(Y9)
Presiding:
Seema Jayachandran
(Northwestern University)
The Weight of the Crisis: Evidence from Newborns in Argentina [Download Preview] Seasonal Effects of Water Quality on Infant and Child Health in India [Download Preview] Armed Conflict and Birth Weight: Evidence from the al-Aqsa Intifada [Download Preview] Armed Conflict, Household Victimization, and Child Health in Cote d'Ivoire [Download Preview]
Discussants:
Shingyi Wang
(New York University)
Rema Hanna
(Harvard University)
Anne Case
(Princeton University)
Richard Akresh
(University of Illinois-Urbana-Champaign)
Jan 06, 2012 8:00 am, Hyatt Regency, Wrigley
American Economic Association Economic Growth
(O4)
Presiding:
Jenny Minier
(University of Kentucky)
Fiscal Policy, Growth and Income Distribution in UK [Download Preview] Leadership Contestability, Monopolistic Rents and Growth [Download Preview] Financial Development and the Sources of Growth and Convergence [Download Preview] Dynamic Scoring in a Romer-Style Economy [Download Preview] Defense Strategy Transition and Economic Growth under External Predation [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Columbus IJ
American Economic Association Empirical Labor Economics
(J)
Presiding:
Petra Todd
(University of Pennsylvania)
School Segregation and the Identification of Tipping Points [Download Preview] Brain Drain: A Scale of Signaling Gaps? Lessons from US-Israel Case Solving the Two-Body Problem: An Evaluation of University Partner Accommodation Policies [Download Preview] The value of remarriage: welfare effects of divorce legalization [Download Preview] Determinants of College Major Choices: Identification using an Information Experiment [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Water Tower
American Economic Association Field Experiments on Savings in Developing Countries
(O1)
Presiding:
Silvia Prina
(Case Western Reserve University)
Agricultural Loans, Savings and the Returns to Capital among Women in Mali Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province [Download Preview] Do Basic Savings Accounts Help the Poor to Save? Evidence from a Field Experiment in Nepal [Download Preview] Commitments to Save: A Field Experiment in Malawi
Discussants:
Shawn Cole
(Harvard University)
Cynthia Kinnan
(Northwestern University)
Jessica Goldberg
(Harvard University)
Simone Schaner
(Dartmouth College)
Jan 06, 2012 8:00 am, Hyatt Regency, Grand Suite 5
American Economic Association Fiscal Policies and Outcomes
(H)
Presiding:
Gurupdesh Pandher
(University of British Columbia)
Broadband Access and Its Impact on State Sales Tax Collections [Download Preview] Accounting for Cross-Country Differences in Intergenerational Earnings Persistence: The Impact of Taxation and Public Education Expenditure [Download Preview] Taxation,Transfer Income and Stock Market Participation [Download Preview] When will the Social Security Trust Fund Run Out?: Simulation by Linearization about the Current State [Download Preview] Cost-Benefit Analysis for Transport Policy Considerations: A European Trade-Off between Consumer Benefits, Welfare Effects and Administrative Burden [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Dusable
American Economic Association Government Policies and Private Reactions
(H)
Presiding:
Sam Allgood
(University of Nebraska-Lincoln)
Framing of Social Dilemmas: Disentangling the Importance of Beliefs, Cooperation Preferences, and Game Form Misperceptions OIncidence of Environmental Taxes Under Quadratic Almost Ideal Demand System [Download Preview] Health Cost Risk, Incomplete Markets, or Bequest Motives - Revisiting the Annuity Puzzle [Download Preview] The Adequacy of Household Saving in Canada [Download Preview] Do Taxes Distort Corporations' Investment Choices? Evidence from Industry-Level Data [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Buckingham
American Economic Association Government Policy and Household Behavior
(K3)
Presiding:
Tal Gross
(Columbia University)
Liquidity Constraints and Consumer Bankruptcy: Evidence from Tax Rebates [Download Preview] Personal Bankruptcy Law, Wealth, and Entrepreneurship: Evidence from the Introduction of a "Fresh Start" Policy [Download Preview] Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates [Download Preview] Personal Bankruptcy Decisions Before and After Bankruptcy Reform [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Columbian
American Economic Association Health Insurance
(I1)
Presiding:
Danny Hughes
(University of Oklahoma Health Sciences Center)
Health Insurance and “Unemployment Lock”: Evidence from China [Download Preview] Public Health Insurance Expansion and Hospital Technology Adoption The Decomposition of Moral Hazard in Health Insurance High-Earner Lemons? Adverse Selection in the German Market for Private Health Insurance [Download Preview] Quantitative Analysis of Health Insurance Reform: Separating Community Rating from Income Redistribution [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Gold Coast
American Economic Association Incomplete Information in Macroeconomics and Finance
(E3)
Presiding:
Todd Walker
(Indiana University)
Information Acquisition vs. Precision in Portfolio Choice Information Equilibria in Dynamic Economies with Dispersed Information [Download Preview] Optimal Monetary Policy with Informational Frictions [Download Preview] Man-Bites-Dog Business Cycles [Download Preview]
Discussants:
Venky Venkateswaran
(Pennsylvania State University)
Thomas Mertens
(New York University)
Mirko Wiederholt
(Northwestern University)
Eric Young
(University of Virginia)
Jan 06, 2012 8:00 am, Hyatt Regency, Atlanta
American Economic Association Issues in Trade, Growth, and Macroeconomics
(F4)
Presiding:
Jing Zhang
(University of Michigan)
China Trade Response to Exchange Rate [Download Preview] Knowledge Input-Output Linkages, Innovations and Trade Composition Host Country Financial Development and MNC Activity [Download Preview] Industrial Dynamics, International Trade and Economic Growth [Download Preview] The Efficiency of the Global Markets for Final Goods and Productive Capabilities [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Toronto
American Economic Association K-12 Economic and Financial Literacy Education
(A2)
Presiding:
William Bosshardt
(Florida Atlantic University)
Evaluating the International Economic summit: A Research Design for Measuring Student Engagement [Download Preview] The Keys to Financial Success Curriculum: Impact on Personal Finance Behaviors [Download Preview] Evaluation of Cumulative Impacts of the Student Enterprise Program on Academic Achievement [Download Preview] Disparities in Advanced Course-Taking: The Case of AP Economics [Download Preview]
Discussants:
William Bosshardt
(Florida Atlantic University)
George Vredeveld
(University of Cincinnati)
James O'Neill
(University of Delaware)
Paul Grimes
(Pittsburg State University)
Jan 06, 2012 8:00 am, Hyatt Regency, Skyway 260
American Economic Association Macroeconomic Dynamics
(E3)
Presiding:
Roberto Pancrazi
(Toulouse School of Economics)
Does Uncertainty Cause Business Cycle? Panel Estimation from Fifty Countries [Download Preview] Why Are Target Interest Rate Changes So Persistent? [Download Preview] TFP Persistence and Monetary Policy [Download Preview] Macro-Prudential Policy and the Conduct of Monetary Policy
Discussants:
Jonathan Goldberg
(Massachusetts Institute of Technology)
Francesco Bianchi
(Duke University)
Kevin Moran
(Laval University)
Jan 06, 2012 8:00 am, Hyatt Regency, Columbus G
American Economic Association Monetary-Fiscal Games
(E6)
Presiding:
Nora Traum
(North Carolina State University)
Monetary and Fiscal Policy Interactions With Various Degrees of Commitment [Download Preview] Monetary Exit Strategy and Fiscal Spillovers [Download Preview] “Core” and “Periphery” in a Monetary Union: A Macroeconomic Policy Game [Download Preview] Tracking Monetary-Fiscal Interactions Across Time and Space [Download Preview] Macroeconomic Regimes [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Soldier Field
American Economic Association Policy Dynamics and Legislative Institutions
(D7)
Presiding:
Hülya Eraslan
(Johns Hopkins University)
Dynamic Collective Choice with Endogenous Status Quo [Download Preview] Dynamic Legislative Bargaining with Endogenous Proposers [Download Preview] Procedural Choice in Majoritarian Organizations Discretionary vs. Mandatory Spending: The Status Quo Effect Bargaining over an Endogenous Agenda [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Regency B
American Economic Association The Foundations of Decision Making: Recent Developments
(D8)
Presiding:
Tatiana Kornienko
(University of Edinburgh)
Uncertainty Equivalents: Testing the Limits of the Independence Axiom [Download Preview] On the Origin of Utility, Weighting, and Discounting Functions: How They Get Their Shapes and How to Change Their Shapes [Download Preview] Probability Weighting as Evolutionary Second-Best [Download Preview] The Decision Theory of OCEAN [Download Preview]
Discussants:
Colin Camerer
(California Institute of Technology)
Emir Kamenica
(University of Chicago)
Luis Rayo
(University of Utah)
Marciano Siniscalchi
(Northwestern University)
Jan 06, 2012 8:00 am, Hyatt Regency, Hong Kong
American Economic Association The Positive and Negative Effects of Information
(D8)
Presiding:
Kevin Mumford
(Purdue University)
Personal Income Tax Salience: The Effect of a Child Care Tax Subsidy on Child Care Expenditure [Download Preview] The Digital Scarlet Letter: The Effect of Online Criminal Records on Crime [Download Preview] Are Two Report Cards Better than One? The Case of CABG Surgery and Patient Sorting [Download Preview] The Impact of Health Information Technology on Demand for Hospital Inpatient Services [Download Preview] Educational Streaming: Too Early to Disclose Information?
Jan 06, 2012 8:00 am, Hyatt Regency, Columbus CD
American Economic Association Understanding Business Cycles
(E3)
Presiding:
Stephanie Schmitt-Grohe
(Columbia University)
Debt Overhang in a Business Cycle Model [Download Preview] Credit Default Swaps and Sovereign Debt with Moral Hazard and Debt Renegotiation [Download Preview] Precautionary Saving over the Business Cycle [Download Preview] Wealth and Volatility [Download Preview] The Cyclicality of Productivity Dispersion [Download Preview]
Jan 06, 2012 8:00 am, Hyatt Regency, Stetson Suite FG
Korea-America Economic Association/American Economic Association The Early Origin of Inequality
(I3)
Presiding:
James Heckman
(University of Chicago)
The Early Origins of Inequality: An Overview The Effects of Early Intervention on Human Development and Social Outcomes The Developmental Origins of Health Inequality A Virtues Theory of Poverty and Inequality
Jan 06, 2012 10:15 am, Hyatt Regency, Columbus CD
American Economic Association Asset Prices and Wealth Dynamics with Heterogeneous Beliefs
(D8)
Presiding:
Thomas Sargent
(New York University)
Market Prices of Risk with Diverse Beliefs, Learning, and Catastrophes [Download Preview] Life-Cycle Portfolio Choice, the Wealth Distribution and Asset Prices [Download Preview] International Robust Disagreement [Download Preview] Heterogeneous Beliefs, Wealth Distribution and Asset Markets with Risk of Default [Download Preview]
Discussants:
Ricardo Colacito
(University of North Carolina)
Viktor Tsyrennikov
(Cornell University)
Sergiy Stepanchuk
(University of Pennsylvania)
Adam Slawski
(Pennsylvania State University)
Jan 06, 2012 10:15 am, Hyatt Regency, Columbus IJ
American Economic Association Carbon Leakage
(Q5)
Presiding:
Lawrence Goulder
(Stanford University)
Leakage from Sub-national Climate Initiatives [Download Preview] Alternative Climate Policies and Intertemporal Emissions Leakage [Download Preview] The Strategic Value of Embodied Carbon Tariffs [Download Preview] Can a Unilateral Carbon Tax Reduce Emissions Elsewhere?
Discussants:
Roberton Williams, III
(University of Maryland)
Ujjayant Chakravorty
(University of Alberta)
Brian Copeland
(University of British Columbia)
Mark Jacobsen
(University of California-San Diego)
Jan 06, 2012 10:15 am, Hyatt Regency, Grand Ballroom A
American Economic Association Credit Bubbles
(G1)
Presiding:
Robin Greenwood
(Harvard University)
Quiet Bubbles [Download Preview] A Model of Shadow Banking [Download Preview] Issuer Quality and the Credit Cycle [Download Preview]
Discussants:
Jeffrey Wurgler
(New York University)
Augustin Landier
(Toulouse School of Economics)
Andrew Metrick
(Yale University)
Jan 06, 2012 10:15 am, Hyatt Regency, Toronto
American Economic Association Crime and Terrorism
(K4)
Presiding:
Cecilia Rouse
(Princeton University)
The Nonlinear Relationship between Terrorism and Poverty [Download Preview] Terrorism and Patriotism: On the Earnings of U.S. Veterans after September 11, 2001 [Download Preview] The Color of Lynching [Download Preview] Race and Gender Differences under Federal Sentencing Guidelines [Download Preview]
Discussants:
Francisco Rivera-Batiz
(Columbia University)
Marlene Kim
(University of Massachusetts-Boston)
Patrick L. Mason
(Florida State University)
Steven Raphael
(University of California-Berkeley)
Jan 06, 2012 10:15 am, Hyatt Regency, Columbus G
American Economic Association Exchange Rates
(F3)
Presiding:
Mario Crucini
(Vanderbilt University)
Does Foreign Exchange Reserve Decumulation Lead to Currency Appreciation? The Forward Premium Puzzle: Beyond Negative Beta [Download Preview] Third-Market Effects of Exchange Rates: A Study of the Renminbi [Download Preview] Exchange Rate Pass-Through, Markups, and Inventories [Download Preview] The RMB Debate: Empirical Analysis on the Effects of Exchange Rate Shocks in China and Japan
Jan 06, 2012 10:15 am, Hyatt Regency, Crystal A
American Economic Association Experiments in Firms
(M5)
Presiding:
Antoinette Schoar
(Massachusetts Institute of Technology)
Once and Done: Leveraging Behavioral Economics to Increase the Bottom Line of Non-Profits Working from Home or Shirking from Home? Evidence from a Chinese Field Experiment [Download Preview] Hoping to Win, Expected to Lose: Theory and Lessons on Micro Enterprise Development [Download Preview] Ex Post (in)efficient Negotiation and Breakdown of Trade
Jan 06, 2012 10:15 am, Hyatt Regency, Columbus EF
American Economic Association Field Experiments in Health Economics
(I1)
Presiding:
Jim Rebitzer
(Boston University)
Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates [Download Preview] Field Experiments in Global Health: Motivating Voluntary Blood Donations in Argentina Financial Incentives for Weight Loss Pricing of Socially Desirable Goods: On the Joint Effects of Demand and Supply Interventions [Download Preview]
Discussants:
Joseph Price
(Brigham Young University)
Margaret McConnell
(Harvard University)
Jessica Goldberg
(University of Maryland)
Iwan Barankay
(University of Pennsylvania)
Jan 06, 2012 10:15 am, Hyatt Regency, Regency B
American Economic Association Fiscal Policy during and after the Financial Crisis
(E6)
Presiding:
Todd Walker
(Indiana University)
The Fiscal Multiplier Morass: A Bayesian Perspective [Download Preview] Fiscal Policy and the Great Recession in the Euro Area [Download Preview] Jointly Optimal Fiscal and Monetary Policy Rules under Liquidity Constraints [Download Preview] Fiscal Policy in a Financial Crisis: Standard Policy vs. Bank Rescue Measures
Discussants:
Christopher Sims
(Princeton University)
Thorsten Drautzburg
(University of Chicago)
Christoper Erceg
(Federal Reserve Board)
Lorenzo Forni
(International Monetary Fund)
Jan 06, 2012 10:15 am, Hyatt Regency, Acapulco
American Economic Association Implications of Rational Inattention
(D8)
Presiding:
Mirko Wiederholt
(Northwestern University)
Rational Inattention: A New Foundation for the Multinomial Logit Model and Simple Market Equilibria [Download Preview] Information Processing and Limited Liability [Download Preview] Information Choice Technologies [Download Preview]
Discussants:
Alexander Wolitzky
(Massachusetts Institute of Technology)
Aleh Tsyvinski
(Yale University)
David Myatt
(Oxford University)
Jan 06, 2012 10:15 am, Hyatt Regency, Grand Suite 3
American Economic Association International Capital Allocation, Portfolio Choice and Capital Flows
(F3)
Presiding:
Marcel Fratzscher
(European Central Bank)
Capital Flow Waves: Surges, Stops, Flight and Retrenchment [Download Preview] Liquidity Management in Global Banks: Internal Capital Markets in the Great Recession [Download Preview] Sovereigns, Upstream Capital Flows, and Global Imbalances [Download Preview] Quantitative Easing and Capital Flows
Discussants:
Gian Maria Milesi-Ferretti
(International Monetary Fund)
Philipp Schnabl
(New York University)
Galina Hale
(Federal Reserve Bank of San Francisco)
Marianne Baxter
(Boston University)
Jan 06, 2012 10:15 am, Hyatt Regency, Skyway 260
American Economic Association Liquidity Dynamics
(G1)
Presiding:
Zhiguo He
(University of Chicago)
Market Timing, Investment, and Risk Management [Download Preview] The I-Theory of Money Financial intermediary capital [Download Preview] Inefficient Investment Waves [Download Preview]
Discussants:
Dmitry Livdan
(University of California-Berkeley)
Arvind Krishnamurthy
(Northwestern University)
Douglas W. Diamond
(University of Chicago)
Martin Oehmke
(Columbia University)
Jan 06, 2012 10:15 am, Hyatt Regency, Columbus KL
American Economic Association Maternity Leave, Family Formation and Caregiving
(Y9)
Presiding:
Terra McKinnish
(University of Colorado-Boulder)
The Effects of Maternity Leave on Children’s Birth and Infant Health Outcomes in the United States [Download Preview] Love and Money by Parental Match-Making: Evidence from Urban Couples in China [Download Preview] Sex Ratios and Family Formation: The Role of the Vietnam Draft Do Couples Self-Insure? The Effect of Informal Care on Joint Labor Supply Decisions
Discussants:
Christine Piette Durrance
(University of North Carolina)
Shoshana Grossbard
(San Diego State University)
Andrea Beller
(University of Illinois-Urbana-Champaign)
Daniel Rees
(University of Colorado-Denver)
Jan 06, 2012 10:15 am, Hyatt Regency, Regency C
American Economic Association Model Selection
(C5)
Presiding:
Kenneth Wolpin
(University of Pennsylvania)
To Hold Out or Not to Hold Out [Download Preview] Prediction with Misspecified Models [Download Preview] Capital Punishment and Deterrence: Understanding Disparate Results
Discussants:
Michael Keane
(University of Technology Sydney)
Tao Zha
(University of Minnesota)
Jan 06, 2012 10:15 am, Hyatt Regency, Regency D
American Economic Association New Directions in Trade Policy
(F1)
Presiding:
Chad Bown
(World Bank)
Tariff Revenue and Tariff Caps [Download Preview] Profits in the "New Trade" Approach to Trade Negotiations [Download Preview] Trade Agreements and the Nature of Price Determination [Download Preview]
Discussants:
Santanu Roy
(Southern Methodist University)
Arnaud Costinot
(Massachusetts Institute of Technology)
Michele Ruta
(World Trade Organization)
Jan 06, 2012 10:15 am, Hyatt Regency, Grand Suite 5
American Economic Association Robustness and Approximation in Mechanism Design
(C6)
Presiding:
Stephen Morris
(Princeton University)
Efficient Auctions and Interdependent Types Robustly Ranking Mechanisms Approximation in Mechanism Design [Download Preview]
Discussants:
Stephen Morris
(Princeton University)
Moritz Meyer-ter-Vehn
(University of California-Los Angeles)
Eric Maskin
(Harvard University)
Jan 06, 2012 10:15 am, Hyatt Regency, Grand Ballroom CD North
American Economic Association Short-Term and Long-Term Consequences of Tax Reform
(H0) (Panel Discussion)
Panel Moderator:
Joel Slemrod
(University of Michigan)
Alan Auerbach
(University of California-Berkeley)
Gregory Mankiw
(Harvard University)
James Poterba
(Massachusetts Institute of Technology)
Joel Slemrod
(University of Michigan)
Jan 06, 2012 10:15 am, Hyatt Regency, Hong Kong
American Economic Association State and Local Public Finance
(H7)
Presiding:
Malcolm Getz
(Vanderbilt University)
Why Is Mobile Capital Taxed? [Download Preview] Unsticking the Flypaper Effect in an Uncertain World: The Role of Precautionary Savings [Download Preview] State of States: A Probit Approach [Download Preview] Destination Taxation, The Road to Economic Success?
Jan 06, 2012 10:15 am, Hyatt Regency, Grand Ballroom B
American Economic Association The 2006 Massachusetts Health Care Reform
(I1)
Presiding:
Adriana Lleras-Muney
(University of California-Los Angeles)
Heuristics and Heterogeneity in Health Insurance Exchanges: Evidence from the Massachusetts Connector [Download Preview] Health Reform, Health Insurance and Selection: Estimating Selection into Health Insurance Using the Massachusetts Health Reform [Download Preview] The Impact of the Massachusetts Health Care Reform on Health Care Use Among Children [Download Preview] The Impact of Massachusetts Health Care Reform on Insurance Premiums
Discussants:
Adriana Lleras-Muney
(University of California-Los Angeles)
Amy Finkelstein
(Massachusetts Institute of Technology)
Day Manoli
(University of California-Los Angeles)
Amitabh Chandra
(Harvard University)
Jan 06, 2012 10:15 am, Hyatt Regency, Regency A
American Economic Association The Effects of Financial Education and Financial Literacy
(A2)
Presiding:
B. Douglas Bernheim
(Stanford University)
How Financial Literacy Affects Household Wealth Accumulation [Download Preview] Financial Education and Timely Decision Support: Lessons from Junior Achievement [Download Preview] Financial Knowledge and Financial Literacy at the Household Level [Download Preview] Effectiveness of Employer-Provided Financial Information: Hiring to Retiring [Download Preview]
Discussants:
Justine Hastings
(Brown University)
William Walstad
(University of Nebraska-Lincoln)
Urvi Neelakantan
(Federal Reserve Bank of Richmond)
Annamaria Lusardi
(George Washington University)
Jan 06, 2012 10:15 am, Hyatt Regency, Crystal B
American Economic Association The Euro: Challenges to Improve a Currency Union
(F3) (Panel Discussion)
Panel Moderator:
Markus Brunnermeier
(Princeton University)
Axel A. Weber
(University of Chicago)
Olivier Blanchard
(International Monetary Fund)
Jordi Gali
(CREI, Universitat Pompeu Fabra)
Athanasios Orphanides
(Central Bank of Cyprus)
Jan 06, 2012 10:15 am, Hyatt Regency, Water Tower
American Economic Association Time Away from Work
(J2)
Presiding:
Jungmin Lee
(Sogang University and IZA)
Time use, emotional well-being and unemployment: Evidence from longitudinal data [Download Preview] Retirement and Home Production: A Regression Discontinuity Approach [Download Preview] The Role of Preferences and Opportunity Costs in Determining the Time Allocated to Housework [Download Preview] Aggregate Impacts of a Gift of Time [Download Preview]
Discussants:
Elena Stancanelli
(CNRS)
Leslie Stratton
(Virginia Commonwealth)
Jungmin Lee
(Sogang University and IZA)
Andreas Mueller
(Columbia University)
Jan 06, 2012 10:15 am, Hyatt Regency, Gold Coast
American Economic Association Very Local House Price Dynamics
(R2)
Presiding:
Fernando Ferreira
(University of Pennsylvania)
Within-city Variation in Urban Decline: The Case of Detroit [Download Preview] Micro-Geography of a Housing Boom Heterogeneity in Neighborhood-Level Price Growth in the U.S., 1993-2009 [Download Preview]
Discussants:
Matthew Notowidigdo
(University of Chicago)
Matthew Kahn
(University of California-Los Angeles)
Christopher Mayer
(Columbia University)
Jan 06, 2012 10:15 am, Hyatt Regency, Buckingham
American Risk & Insurance Association/American Economic Association Insurance Economics
(G2)
Presiding:
Martin Grace
(Georgia State University)
An Industrial Organization Theory of Risk Sharing [Download Preview] Real Effects of Changing Rating Standards for Catastrophic Risks [Download Preview] Asymmetric Information in Automobile Insurance: New Evidence from Telematic Data [Download Preview] The Marginal Cost of Risk, Risk Measures, and Capital Allocation Financial Sector Integration and Information Spillovers:
Effects of Operational Risk Events on U.S. Banks and Insurers [Download Preview]
Jan 06, 2012 12:30 pm, Hyatt Regency, Grand Suite 3
American Economic Association European Economic Association Lecture
(J5)
Presiding:
Jordi Gali
(Universitat Pompeu Fabra)
Transaction Costs, Power Abuse, and the Employment Relation--Economic Origins of Authority [Download Preview]
Jan 06, 2012 12:30 pm, Hyatt Regency, Grand Ballroom F
American Economic Association/American Finance Association Joint Luncheon -- Fee Event
Presiding:
Raghuram Rajan
(University of Chicago)
Richard Thaler
(University of Chicago)
Jan 06, 2012 12:30 pm, Swissotel, Grand Ballroom Salons I & II
Omicron Delta Epsilon/American Economic Association AEA/ODE Graduate-Student Session
(G,H)
Presiding:
Joseph Santos
(South Dakota State University)
Effects of Bank Lending Shocks on Real Activity: Evidence from a Financial Crisis Is Leverage Leveraging Business Start-ups? An Analysis of Business Start-ups Using the Kauffman Firm Survey [Download Preview] The Impact of Personal Income Tax Rates on the Employment Decisions of Small Businesses [Download Preview] Investment-Promotion Policies and Employment by Foreign-Owned Manufacturing Firms in US States
Discussants:
Indu Khurana
(Florida International University)
Xiaohong Wang
(University of Florida)
Chen Wu
(University of Oklahoma)
Katie Sobczyk Player
(Clemson University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Hong Kong
American Economic Association Alternative Credit and Consumer Rationality
(G2)
Presiding:
Marianne Bertrand
(Chicago Booth School of Business)
Choosing the Right Bank; Distance, Consumer Behavior and Pawn Lending Underwriting Homogeneity and the Profitability of Payday Lending Costly Credit and Public Program Participation From Pawn Shops to Banks: The Impact of Formal Credit on Informal Households [Download Preview]
Discussants:
Stefano DellaVigna
(University of California-Berkeley)
Mark Jenkins
(University of Pennsylvania)
Annamaria Lusardi
(Dartmouth College)
Anna Paulson
(Federal Reserve Bank of Chicago)
Jan 06, 2012 2:30 pm, Hyatt Regency, Crystal A
American Economic Association Causes and Consequences of Unemployment: New Microeconomic Evidence and Perspectives
(J6)
Presiding:
David Lee
(Princeton University)
The Effect of UI Extensions on Job Outcomes Throughout the Non-Employment Spell Unemployment in the Great Recession: Did the Housing Market Crisis Prevent the Unemployed from Moving to Take Jobs? [Download Preview] Contract Form, Wage Flexibility and Employment [Download Preview]
Discussants:
Daniel G. Sullivan
(Federal Reserve Bank of Chicago)
Bruce D. Meyer
(University of Chicago)
Edward Lazear
(Stanford University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbus CD
American Economic Association Credit Rating Agencies: Incentives and Regulation
(G2)
Presiding:
Laura Veldkamp
(New York University)
De-Regulating Markets for Financial Information [Download Preview] The Economics of Solicited and Unsolicited Credit Ratings [Download Preview] Feedback Effects of Credit Ratings [Download Preview] Optimal Rating Contingent Regulation [Download Preview]
Discussants:
Jonathan Parker
(Northwestern University)
Patrick Bolton
(Columbia University)
Zhiguo He
(University of Chicago)
Samuel Lee
(New York University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Grand Ballroom B
American Economic Association Employment Effects of Arizona’s 2007 Legislation Against the Hiring of Unauthorized Immigrants
(F2)
Presiding:
Steven Raphael
(University of California-Berkeley)
The Impact of Enforcement on the Decision to Migrate The Effectiveness of Border Enforcement in Deterring Illegal Crossing Attempts Employment Effects of Arizona’s 2007 Legislation Against the Hiring of Unauthorized Immigrants A Unified Model of the Illegal Immigration System [Download Preview]
Discussants:
Fernando Lozano
(Pomona College)
Pia Orrenius
(Federal Reserve Bank of Dallas)
Todd Sorenson
(University of California-Riverside)
Madeline Zavodny
(Agnes Scott College)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbus G
American Economic Association Environmental Economics
(Q5)
Presiding:
Richard V. Butler
(Trinity University)
Not Just Hot Air? The Effects of Weather on Mortality in Germany [Download Preview] Optimal Policy Commitment: Investment Deterrence Versus Option Value [Download Preview] The Impacts of Air-Pollution Motivated Tax Adjustments in China Automobile Industry [Download Preview] To Scrap or Not to Scrap: A Dynamic Discrete Choice Model of Vehicle Scrappage
Jan 06, 2012 2:30 pm, Hyatt Regency, Grand Suite 3
American Economic Association Expertise
(D8)
Presiding:
Elena Panova
(UQAM)
A Passion for Democracy [Download Preview] Reputational Concern with Endogenous Information Acquisition [Download Preview] Re-election Through Division [Download Preview] Wisdom of the Crowd [Download Preview] Experts, Conflicts of Interest, and Reputation for Ability [Download Preview]
Jan 06, 2012 2:30 pm, Hyatt Regency, Regency A
American Economic Association Funding and Market Liquidity
(G1)
Presiding:
Markus Brunnermeier
(Princeton University and NBER)
Liquidity in the Foreign Exchange Market: Measurement, Commonality, and Risk Premiums [Download Preview] Fragility and Restructuring in Trading Networks Liquidity Risk and Mutual-Fund Performance [Download Preview]
Discussants:
Arvind Krishnamurthy
(Northwestern University and NBER)
Tarun Chordia
(Emory University)
Ioanid Rosu
(HEC Paris)
Ashish Tiwari
(University of Iowa)
Jan 06, 2012 2:30 pm, Hyatt Regency, Gold Coast
American Economic Association Growth Inputs: From Human Capital to Nation Building
(O4)
Presiding:
Linda Goldberg
(Federal Reserve Bank of New York)
Nation Building and Economic Growth [Download Preview] Conditional Cash Transfers, Political Participation and Voting Behavior [Download Preview] Compulsory Schooling in Turkey, Educational Attainment, and the Gender Gap [Download Preview] The Determinants and Consequences of School Choice Errors in Kenya [Download Preview]
Discussants:
Katheryn Russ
(University of California-Davis)
Lori Beaman
(Northwestern University)
Heather Royer
(University of California-Santa Barbara)
Erica Groshen
(Federal Reserve Bank of New York)
Jan 06, 2012 2:30 pm, Hyatt Regency, Grand Ballroom A
American Economic Association In Remembrance of Alfred E. Kahn: Fred Kahn’s Impact on Deregulation and Regulatory Reform
(L5)
Presiding:
Paul Joskow
(Alfred P. Sloan Foundation and Massachusetts Institute of Technology)
After Airline Deregulation and Alfred E. Kahn [Download Preview] Dynamic Pricing of Electricity [Download Preview] Telecommunications Deregulation [Download Preview]
Discussants:
Sam Peltzman
(University of Chicago)
Roger Noll
(Stanford University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbus EF
American Economic Association Incentives and Matching in Marriage and Dating Markets
(J1)
Presiding:
Gary Becker
(University of Chicago)
Matching with a Handicap: The Economics of Marital Smoking Peer Effects in Sexual Initiation: Separating Demand from Supply [Download Preview] Terms of Endearment: An Equilibrium Model Of Sex and Matching [Download Preview] Dating Market Incentives to Improve Physical Appearance
Discussants:
Scott Cunningham
(Baylor University)
Jeremy Fox
(University of Michigan)
Aloysius Siow
(University of Toronto)
John Cawley
(Cornell University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Regency B
American Economic Association Innovation in Insurance Coverage for Higher Value Care: Theory and Evidence
(I1)
Presiding:
Richard Frank
(Harvard University)
Insuring the Health of Behavioral Consumers Patient Cost-Sharing In Low Income Populations: Dispatch From Massachusetts A Randomized Controlled Trial of Copayment Elimination for Blood Pressure Medication Benefit Plan Generosity and Productivity
Discussants:
Richard Frank
(Harvard University)
David Cutler
(Harvard University)
Wesley Yin
(Boston University)
Douglas Staiger
(Dartmouth College)
Jan 06, 2012 2:30 pm, Hyatt Regency, Regency C
American Economic Association International Trade and Macroeconomics
(F4)
Presiding:
Jonathan Eaton
(Pennsylvania State University)
Linkages across Sovereign Debt Markets Staggered Adjustments and Trade Dynamics Export Dynamics in Large Devaluations Dynamics of Trade and Heterogeneity in General Equilibrium [Download Preview]
Discussants:
Kim Ruhl
(New York University)
Brent Neiman
(University of Chicago)
George Alessandria
(Federal Reserve Bank of Philadelphia)
Jan 06, 2012 2:30 pm, Hyatt Regency, Toronto
American Economic Association Investment, Uncertainty, and Capital Structure
(E2)
Presiding:
Francois Gourio
(Boston University)
What Explains the Lagged Investment Effect? [Download Preview] Equity Market Misvaluation and Firm Financial Policies [Download Preview] Uncertainty, Financial Frictions, and Investment Dynamics Stochastic Volatility, Credit Spreads, and the Q Theory of Investment
Discussants:
Rudi Bachmann
(University of Michigan)
Jianjun Miao
(Boston University)
Brent Glover
(University of Pennsylvania and Carnegie Mellon University)
Lukas Schmid
(Duke University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Acapulco
American Economic Association Markov Switching DSGE Models, Theory and Applications
(E1)
Presiding:
Andrew Foerster
(Federal Reserve Bank of Kansas City)
Monetary/Fiscal Policy Mix and Agents' Beliefs [Download Preview] Perturbation Methods for Markov Switching Models [Download Preview] Financial Crises, Unconventional Monetary Policy Exit Strategies, and Agents' Expectations [Download Preview] The Fiscal Limit and Non-Ricardian Consumers [Download Preview]
Discussants:
Chris Sims
(Princeton University)
Alejandro Justiniano
(Federal Reserve Bank of Chicago)
Taeyoung Doh
(Federal Reserve Bank of Kansas City)
Seonghoon Cho
(Yonsei University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Regency D
American Economic Association New Challenges for Market Design
(A1)
Presiding:
Muriel Niederle
(Stanford University)
Individual Rationality and Participation in Large Scale, Multi-Hospital Kidney Exchange Holdout in the Assembly of Complements: A Problem for Market Design [Download Preview] Improving Efficiency in Matching Markets with Regional Caps: The Case of the Japan Residency Matching Program [Download Preview] Price Controls, Non-Price Quality Competition, and the Nonexistence of Competitive Equilibrium [Download Preview]
Discussants:
Parag Pathak
(Massachusetts Institute of Technology)
Thomas Palfrey
(California Institute of Technology)
Paul Milgrom
(Stanford University)
Muriel Niederle
(Stanford University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbus KL
American Economic Association Research on College and University Economic Education
(A2)
Presiding:
Sam Allgood
(University of Nebraska-Lincoln)
Why Don't Women Pursue a Major in Economics? Does Adding Intermediate Algebra as a Prerequisite for Economics Principles Courses Improve Student Success? [Download Preview] Revisiting How Departments of Economics Evaluate Teaching [Download Preview] "Dude, Who's Your CL Leader?" Characteristics of Effective Collaborative Learning Leaders
Discussants:
Wendy Stock
(Montana State University)
Georg Schaur
(University of Tennessee)
Michael Salemi
(University of North Carolina)
John Swinton
(Georgia College & State University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbus IJ
American Economic Association The Economics of Cognitive and Noncognitive Skills
(I2)
Presiding:
James Heckman
(University of Chicago)
The Leaning Tower of PISA – Disentangling Ability and Motivation Skill Segregation in the Swedish Economy Conscientiousness as Human Capital: Perspectives from Research on Health and Life Span Development [Download Preview]
Discussants:
James Heckman
(University of Chicago)
Jan 06, 2012 2:30 pm, Hyatt Regency, Water Tower
American Economic Association The Global Financial Crisis: Contagion and Cross-Country Linkages
(F3)
Presiding:
Kristin J. Forbes
(Massachusetts Institute of Technology)
Capital Flows, Push versus Pull Factors and the Global Financial Crisis [Download Preview] Crisis Transmission: Micro-Evidence from International Mutual Funds [Download Preview] From the Financial Crisis to the Real Economy: Using Firm-Level Data to Identify Transmission Channels [Download Preview] ABS Inflows and the Global Financial Crisis [Download Preview] Leverage Across Firms Banks and Countries [Download Preview]
Jan 06, 2012 2:30 pm, Hyatt Regency, Grand Ballroom CD North
American Economic Association The Political Economy of Macroeconomic Crisis Response
(E6)
Presiding:
Steven Davis
(University of Chicago)
The Political Economy of Managing the European Debt Crisis Resolving Debt Overhang: Political Constraints in the Aftermath of Financial Crises [Download Preview] Economists' Capture
Jan 06, 2012 2:30 pm, Hyatt Regency, Crystal B
American Economic Association The Political Economy of U.S. Debt and Deficits
(H6) (Panel Discussion)
Panel Moderator:
Alan Auerbach
(University of California-Berkeley)
Alan Blinder
(Princeton University)
Douglas Holtz-Eakin
(American Action Forum)
Rudolph Penner
(Urban Institute)
Alice Rivlin
(Brookings Institution)
Jan 06, 2012 2:30 pm, Swissotel, Vevey 1
Association of Environmental & Resource Economists/American Economic Association The Implications of Recent Behavioral Economics Advances for Environmental Policy
(Q5) (Panel Discussion)
Panel Moderator:
Jinhua Zhao
(Michigan State University)
B. Douglas Bernheim
(Stanford University)
Jack Knetsch
(Simon Fraser University)
John List
(University of Chicago)
Tanya Rosenblat
(Iowa State University)
Jay Shogren
(University of Wyoming)
Jinhua Zhao
(Michigan State University)
V. Kerry Smith
(Arizona State University)
Jan 06, 2012 2:30 pm, Hyatt Regency, Columbian
International Association for Energy Economics/American Economic Association Energy Commodity Prices, Capital Flows and Balance of Payments
(Q4) (Panel Discussion)
Panel Moderator:
Kenneth Medlock
(Rice University)
Pier Carlo Padoan
(Organization of Economic Cooperation and Development)
Mahmoud El Gamal
(Rice University)
Francis E. Warnock
(University of Virginia)
Jan 06, 2012 2:30 pm, Hyatt Regency, Skyway 269
National Association for Business Economics/American Economic Association The U.S. and Global Economic Outlook
(E6) (Panel Discussion)
Panel Moderator:
Kevin Kliesen
(Federal Reserve Bank of St. Louis)
Don Johnson
(Caterpillar)
Sara Johnson
(IHS Global Insight)
Catherine L. Mann
(Brandeis University)
John Silvia
(Wells Fargo)
Charles Steindel
(New Jersey Department of the Treasury)
Jan 06, 2012 2:30 pm, Swissotel, Zurich G
Society for Policy Modeling/American Economic Association A New International Monetary Order?
(F3)
Presiding:
Dominick Salvatore
(Fordham University)
Implications of the Euro's Crisis for International Monetary Reform [Download Preview] Worldwide Inflation and International Monetary Reform: Exchange Rates or Interest Rates? [Download Preview] The Case for a World Currency The Dollar, Euro, and Yuan in the International Monetary System
Discussants:
Dominick Salvatore
(Fordham University)
Jan 06, 2012 4:45 pm, Hyatt Regency, Grand Ballroom F
American Economic Association Richard T. Ely Lecture
Presiding:
Christopher Sims
(Princeton University)
Maurice Obstfeld
(University of California - Berkeley)
Jan 06, 2012 8:00 pm, Hyatt Regency, Crystal B
American Economic Association Music Session
(Z1)
Presiding:
Christopher Sims
(Princeton University)
8:00 PM, (Neo) Classical Trio 9:00 PM, Outliers Jazz 10:00 PM, The Contractions Rock Jan 07, 2012
Jan 07, 2012 8:00 am, Hyatt Regency, Atlanta
American Economic Association AEA Committee on the Status of Minority Groups in the Economics Profession--Dissertation Session
(J1)
Presiding:
Marie Mora
(University of Texas-Pan American)
Debt, Cohabitation and Marital Timing in Young Adulthood Do Women's Autonomy, Decision-Making Ability and Attitudes Matter as Deterrents for Domestic Violence? Evidence from the Dominican Republic The Effectiveness of Abstinence-Only Sex Education in Alabama [Download Preview] Marital Separation and Women's School Investment [Download Preview] The Role of Liquidity on the Price Discovery of ADRs: Evidence from Latin America [Download Preview]
Discussants:
Mark Hugo Lopez
(Pew Hispanic Center)
Gary Hoover
(University of Alabama)
Sue Stockly
(Eastern New Mexico University)
Don Fullerton
(University of Illinois)
Fernando Lozano
(Pomona College)
Jan 07, 2012 8:00 am, Hyatt Regency, Grand Suite 3
American Economic Association Consumer Rationality and Financial Decision Making
(D1)
Presiding:
Christopher Carroll
(Johns Hopkins University)
Self Control and Liquidity: How to Design a Commitment Contract [Download Preview] Borrowing High vs. Borrowing Higher: Sources and Consequences of Dispersion in Individual-Level Borrowing Costs [Download Preview] Why Do Women Not Say No? Why Do Consumers Use Debit Cards When They Have Credit Cards?
Discussants:
Stefano DellaVigna
(University of California-Berkeley)
John Driscoll
(Federal Reserve Board)
Molly Lipscomb
(University of Notre Dame)
Jonathan Zinman
(Dartmouth College)
Rachel Croson
(University of Texas-Dallas)
Jan 07, 2012 8:00 am, Hyatt Regency, Columbus CD
American Economic Association Correct Measurement of International Financial and Trade Flows
(F1)
Presiding:
Sebnem Kalemli-Ozcan
(Koc University and University of Houston)
External Wealth of Nations: What Are We Missing? On Returns Differentials How to Measure FDI and Portfolio Equity Investment? Integrating Micro and Macro Data The Value-added Structure of Gross Exports:Measuring Revealed Comparative Advantage by Domestic Content in Exports [Download Preview]
Discussants:
Andrew Rose
(University of California-Berkeley)
Ralph Koijen
(University of Chicago)
Alp Simsek
(Harvard University)
Robert C. Johnson
(Dartmouth College)
Jan 07, 2012 8:00 am, Hyatt Regency, Toronto
American Economic Association Credit Frictions and Time-Variant Uncertainty
(E2)
Presiding:
Nathan Balke
(Southern Methodist University and Federal Reserve Bank of Dallas)
Privately Optimal Contracts and Sub-optimal Outcomes in a Model of Agency Costs [Download Preview] Really Uncertain Business Cycles [Download Preview] Credit-Uncertainty Cycle [Download Preview] Fiscal Uncertainty and Economic Activity [Download Preview]
Discussants:
Enrique Martinez-Garcia
(Federal Reserve Bank of Dallas)
Sami Alpanda
(Bank of Canada)
Egon Zakrajsek
(Federal Reserve Board)
Nathan Balke
(Southern Methodist University and Federal Reserve Bank of Dallas)
Jan 07, 2012 8:00 am, Hyatt Regency, Regency C
American Economic Association Digitization and New Research Directions: Copyright, Privacy, and User-Generated Content
(O3)
Presiding:
Joel Waldfogel
(University of Minnesota)
Copyright in the Digital Age: Moving from Piracy to the Supply of New Products [Download Preview] Is Wikipedia Biased? [Download Preview] Technology, Age, and Shifting Privacy Concerns [Download Preview]
Jan 07, 2012 8:00 am, Hyatt Regency, Acapulco
American Economic Association Endogenous Legal and Regulatory Institutions: Theory and Evidence
(K1)
Presiding:
Carmine Guerriero
(ACLE and University of Amsterdam)
The Good Faith Purchaser: Markets, Culture and the Legal System [Download Preview] On the Benefits and Costs of Legal Expertise: Adjudication in Ancient Athens [Download Preview] Regulation versus Taxation [Download Preview] Democratization and civic capital [Download Preview]
Discussants:
Paolo Pinotti
(Bank of Italy)
Francesco Passarelli
(Bocconi University)
Carmine Guerriero
(ACLE and University of Amsterdam)
Andy F. Hanssen
(Clemson University)
Jan 07, 2012 8:00 am, Hyatt Regency, Regency B
American Economic Association Exploiting Experiments and Quasi-Experiments to Identify Gender Related Outcomes
(Y9)
Presiding:
Tracy Regan
(University of Arizona)
Identification of the Effect of Depression on Risky Sexual Behavior: Exploiting a Natural Experiment [Download Preview] The Effects of Intrauterine Malnutrition on Birth and Fertility Outcomes: Evidence from the 1974 Bangladesh Famine [Download Preview] Who's the Boss at Home after Receiving Conditional Cash Transfers? [Download Preview] Does Gender Matter for Academic Promotion? Evidence from a Randomized Natural Experiment [Download Preview]
Discussants:
Catalina Almuedo-Dorantes
(San Diego State University)
Martha Bailey
(University of Michigan)
Todd Sorensen
(University of California-Riverside)
Dina Shatnawi
(U.S. Naval Postgraduate School)
Jan 07, 2012 8:00 am, Hyatt Regency, Grand Ballroom B
American Economic Association Financial Reform - What's Really Needed?
(G2)
Presiding:
Neil Wallace
(Pennsylvania State University)
The Safe-Asset Share [Download Preview] Three Principles for Market-Based Credit Regulation [Download Preview] Limited Purpose Banking -- Moving from Trust Me to Show Me Banking [Download Preview]
Discussants:
Robert Shiller
(Yale University)
Neil Wallace
(Pennsylvania State University)
Jan 07, 2012 8:00 am, Hyatt Regency, Stetson Suite FG
American Economic Association Formation of Cognitive and Non-cognitive Skills and Social Preferences
(C9)
Presiding:
William Harbaugh
(University of Oregon)
Effects of Parental Background on Other-Regarding Preferences in Children [Download Preview] Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior [Download Preview] Explaining Gender Differences in Competitiveness [Download Preview] Patience and Coordination in the Repeated Stag Hunt [Download Preview]
Discussants:
William Harbaugh
(University of Oregon)
David Cooper
(Florida State University)
Colin Camerer
(California Institute of Technology)
Shane Frederick
(Yale University)
Jan 07, 2012 8:00 am, Hyatt Regency, Grand Suite 5
American Economic Association Insights from Financial History
(N2)
Presiding:
Michael Bordo
(Rutgers)
Domestic Exchange Rate Determination in Early Renaissance Florence [Download Preview] A Unified Italy? Sovereign Debt and Investor Scepticism [Download Preview] 130 Years of Fiscal Vulnerabilities and Currency Crashes in Advanced Economies [Download Preview] Monetary policy without interest rates. An evaluation of quantitative controls during France's Golden Age, 1945-1973 [Download Preview] If financial development matters, then how? National banks in the United States 1870--1900 [Download Preview]
Jan 07, 2012 8:00 am, Hyatt Regency, Columbus G
American Economic Association Labor Economics
(J0)
Presiding:
Virginia Wilcox-Gok
(Northern Illinois University)
How Does Share Ownership Affect Employee Behaviour? Evidence from a Multinational Corporation [Download Preview] The Sources of Wage Variation: A Three-Way High-Dimensional Fixed Effects Model [Download Preview] The Effect of Endogenous Human Capital Accumulation on Optimal Taxation [Download Preview]
Jan 07, 2012 8:00 am, Hyatt Regency, Water Tower
American Economic Association Labor Market Analysis with Linked-Employer-Employee-Data
(J3)
Presiding:
Jean Marc Robin
(Sciences Po and University College London)
Tenure, Experience, Human Capital and Wages: A Tractable Equilibrium Search Model of Wage Dynamics [Download Preview] Returns to Tenure or Seniority? [Download Preview] Sorting and Earnings Dispersion Within and Between Firms [Download Preview] Understanding the Sources of Long-Term Earnings Losses after Job Loss
Discussants:
Joseph Altonji
(Yale University)
Francis Kramarz
(CREST-INSEE and Ecole Polytechnique)
Jeremy Lise
(University College London)
Fabien Postel-Vinay
(Bristol University)
Jan 07, 2012 8:00 am, Hyatt Regency, Gold Coast
American Economic Association Macroeconomic Effects of Households Heterogeneity
(E2)
Presiding:
Marco Cozzi
(Queen's University)
Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality [Download Preview] A Quantitative Analysis of Unemployment Benefit Extensions [Download Preview] Durable Goods, Borrowing Constraints and Consumption Insurance [Download Preview] Household Responses to Individual Shocks: Disability, Labour Supply and Marriage [Download Preview]
Discussants:
Josep Pijoan Mas
(CEMFI)
Marco Cozzi
(Queen's University)
Makoto Nakajima
(Federal Reserve Bank of Philadelphia)
Eric French
(Federal Reserve Bank of Chicago)
Jan 07, 2012 8:00 am, Hyatt Regency, Columbus EF
American Economic Association Monetary Policy Decision-Making by Committees: Managing Risks versus Managing Uncertainty
(E5)
Presiding:
Francesco Mongelli
(European Central Bank and Goethe University Frankfurt)
Monetary Policy Decision-Making by Committees: Normal Times versus Crisis Times Dissent at the FOMC Member Type and Tenure Effects in the Bank of England's MPC [Download Preview] An International Comparison of Voting by Committees [Download Preview]
Discussants:
Alexander Jung
(European Central Bank)
Francisco Ruge-Murcia
(University of Montreal)
Jan-Marc Berk
(De Nederlandsche Bank)
Beata Bierut
(De Nederlandsche Bank)
Jan 07, 2012 8:00 am, Hyatt Regency, Hong Kong
American Economic Association Philanthropy
(L3)
Presiding:
Jessica Holmes
(Middlebury College)
Transactions Costs and Social Distance in Philanthropy: Evidence from a Field Experiment [Download Preview] Do Charitable Subsidies Crowd Out Political Giving? The Missing Link between Charitable and Political Contributions [Download Preview] The impact of charitable subsidies on religious giving and attendance: Evidence from panel data [Download Preview] Charity Hazard in Crop Insurance [Download Preview] How Do Nonprofits Respond to Quality Disclosure? Evidence from Nonprofit Nursing Homes [Download Preview]
Jan 07, 2012 8:00 am, Hyatt Regency, Columbus KL
American Economic Association Price Theory and Market Design
(D4)
Presiding:
Eric Budish
(University of chicago)
Market Power Screens Willingness-to-Pay [Download Preview] The Form of Incentive Contracts: Agency with Moral Hazard, Risk Neutrality, and Limited Liability [Download Preview] A Supply and Demand Framework for Two-Sided Matching Markets [Download Preview] Multilateral Matching [Download Preview]
Discussants:
Pierre-Andre Chiappori
(Columbia University)
David Sraer
(Princeton University)
Theodore Bergstrom
(University of California-Santa Barbara)
Ali Hortacsu
(University of Chicago)
Jan 07, 2012 8:00 am, Hyatt Regency, Buckingham
American Economic Association Quality, Information, and Regulation
(L5)
Presiding:
Marc Santugini
(Institute of Applied Economics and CIRPEE, HEC Montreal)
Privacy Regulation and Market Structure [Download Preview] Regulating a Monopolist with Unverifiable Quality [Download Preview] Competitive Investment in Clean Technology and Uninformed Green Consumers [Download Preview] Information in Cournot: Signaling with Incomplete Control [Download Preview]
Discussants:
Kevin Pflum
(Ohio State University)
Aditi Sengupta
(Southern Methodist University)
Marc Santugini
(Institute of Applied Economics and CIRPEE, HEC Montreal)
James Campbell
(University of Toronto)
Jan 07, 2012 8:00 am, Hyatt Regency, Grand Ballroom A
American Economic Association The Effects of Personality on Labor Market and Health Outcomes
(J1)
Presiding:
James Heckman
(University of Chicago)
Transmission of Inequality - Maternal Skills, Behavior and Birth Outcomes Conscientiousness, Education, and Longevity of High-Ability Individuals [Download Preview] Constructing Economically Justified Aggregates: An Application to the Early Origins of Health The Effects of Education, Personality, and IQ on Earnings of High-Ability Individuals
Discussants:
Heather Royer
(University of California-Santa Barbara)
Donald Kenkel
(Cornell University)
Frank Windmeijer
(University of Bristol)
Deborah Cobb-Clark
(University of Melbourne)
Jan 07, 2012 8:00 am, Hyatt Regency, Crystal A
American Economic Association Trade and Labor Markets: Evidence from Matched Employer-Employee Data
(F1)
Presiding:
Robert Feenstra
(University of California-Davis)
Trade Liberalization, Firm Heterogeneity, and Wages: New Evidence from Matched Employer-Employee Data Offshoring, Transition, and Training: Evidence from Danish Matched Worker-Firm Data [Download Preview] Liberalized Trade and Worker-Firm Matching [Download Preview] Exports and Wage Premia: Evidence from Mexican Employer-Employee Data
Discussants:
Oleg Itskhoki
(Princeton University)
Mine Z. Senses
(Johns Hopkins University)
Kerem Cosar
(University of Chicago)
Marc Muendler
(University of California-San Diego)
Jan 07, 2012 8:00 am, Hyatt Regency, Columbus IJ
American Economic Association What Economics Should We Teach Before Students Enter College: The Voluntary National Content Standards in Economics and the AP?
(A2) (Panel Discussion)
Panel Moderator:
David Colander
(Middlebury College)
James Gwartney
(Floriday State University)
Richard MacDonald
(St. Cloud State University)
Stephen Marglin
(Harvard University)
Deirdre McCloskey
(University of Illinois-Chicago)
John Siegfried
(Vanderbilt University)
Helen Roberts
(University of Illinois-Chicago)
Jan 07, 2012 10:15 am, Hyatt Regency, Crystal A
American Economic Association Attention and Choice
(D8)
Presiding:
David Laibson
(Harvard University)
Inattentive Choice [Download Preview] Sparsity-Based Modeling of Bounded Rationality: A Simple Formulation for Empirical Work [Download Preview] Salience in Experimental Tests of the Endowment Effect [Download Preview]
Discussants:
Daniel Kahneman
(Princeton University)
Jan 07, 2012 10:15 am, Hyatt Regency, Columbus G
American Economic Association Bank Risk
(G2)
Presiding:
Karlyn Mitchell
(North Carolina State University)
Success-Driven Skill-Inferences and Financial Crises [Download Preview] The Role of Interbank Relationships and Liquidity Needs [Download Preview] Information Acquisition in Rumor-Based Bank Runs [Download Preview] (Inter-state) Banking and (Inter-state) Trade: Does Real Integration Follow Financial Integration? [Download Preview] Syndication, Interconnectedness, and Systemic Risk [Download Preview]
Jan 07, 2012 10:15 am, Hyatt Regency, Columbus CD
American Economic Association Coping with Economic and Environmental Shocks: Institutions and Outcomes
(N6)
Presiding:
Robert Fogel
(University of Chicago and NBER)
Migration and Natural Disasters: Evidence from the 1920s [Download Preview] Nature versus Nurture: The Environment's Persistent Influence through the Modernization of American Agriculture [Download Preview] Adaptation to Climate Change in pre-industrial Iceland [Download Preview]
Discussants:
Joseph Ferrie
(Northwestern University)
Robert Topel
(University of Chicago)
David Zilberman
(University of California-Berkeley)
Jan 07, 2012 10:15 am, Hyatt Regency, Regency B
American Economic Association Currency Unions and Macroeconomic Policies
(F4)
Presiding:
Kenneth West
(University of Wisconsin)
Real Exchange Rate Adjustment In and Out of the Eurozone [Download Preview] Fiscal Consolidation in an Open Economy [Download Preview] Optimal Capital Controls in a Currency-Peg Economy
Discussants:
Brent Neiman
(University of Chicago)
Jordi Gali
(Universitat Pompeu Fabra)
Andrew Rose
(University of California-Berkeley)
Jan 07, 2012 10:15 am, Hyatt Regency, Grand Ballroom B
American Economic Association Empirical Evidence on Exchange Rates
(F3)
Presiding:
Marcel Fratzscher
(European Central Bank)
Can Oil Prices Forecast Exchange Rates? [Download Preview] Conditional Exchange Rate Risk Premia Can International Macroeconomic Models Explain Low-Frequency Movements of Real Exchange Rates? [Download Preview] The Contributions of Economic Fundamentals to Movements in Exchange Rates [Download Preview] Market News, Central Bank Priorities, and Exchange Rates
Jan 07, 2012 10:15 am, Hyatt Regency, Toronto
American Economic Association Family Structure and Intra-household Bargaining: Causes and Consequences
(Y9)
Presiding:
Erica Field
(Duke University)
Kinship and Financial Networks, Formal Financial Access and Risk Reduction [Download Preview] Female Labor Supply and Intra-Household Bargaining Power [Download Preview] Credit to Women Entrepreneurs: The Curse of the Trustworthier Sex [Download Preview] Property Rights and Intra-household Bargaining [Download Preview]
Discussants:
Santosh Anagol
(University of Pennsylvania)
Elizabeth Brainard
(Brandeis University)
Margaret McConnell
(Harvard University)
Nancy Qian
(Yale University)
Jan 07, 2012 10:15 am, Hyatt Regency, Acapulco
American Economic Association Financial Frictions and the Business Cycle
(E4)
Presiding:
Markus Brunnermeier
(Princeton University)
Asset markets with heterogenoeus information [Download Preview] Maturity Rationing [Download Preview] Aggregate Implications of a Credit Crunch [Download Preview] Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-9 [Download Preview]
Discussants:
Peter Kondor
(Central European University)
Zhiguo He
(University of Chicago)
Guido Lorenzoni
(Massachusetts Institute of Technology)
Simon Gilchrist
(Boston University)
Jan 07, 2012 10:15 am, Hyatt Regency, Columbus KL
American Economic Association Health Insurance and Health Care Practice
(I1)
Presiding:
Amy Finkelstein
(Massachusetts Institute of Technology)
The Oregon Medicaid Experiment: Evidence from the first year [Download Preview] Bankruptcy as Implicit Health Insurance [Download Preview] Distinguishing Overuse, Underuse, and Expertise in Health Care
Discussants:
Mark Duggan
(University of Maryland)
Tal Gross
(Columbia University)
Matthew Notowidigdo
(University of Chicago)
Jan 07, 2012 10:15 am, Hyatt Regency, Regency D
American Economic Association Innovation and Growth
(O4)
Presiding:
Daron Acemoglu
(Massachusetts Institute of Technology)
The Allocation of Talent and U.S. Economic Growth [Download Preview] Cyclical Macro Policy and Industry Growth Innovation, Reallocation and Growth The Slow Growth of New Plants: Learning about Demand? [Download Preview]
Jan 07, 2012 10:15 am, Hyatt Regency, Water Tower
American Economic Association Measurement Issues in Finance and Productivity
(G2)
Presiding:
Randall Kroszner
(University of Chicago and NBER)
Discovering the Universe: Measuring the Role of Finance Companies in the U.S. Economy The Measurement of Banking Services in the System of National Accounts [Download Preview] Measuring Non-Production and Supervisory Hours for Productivity Measurement Measuring State-Level Productivity in the Private Business Sector
Discussants:
Peter Rousseau
(Vanderbilt University)
Robert Inklaar
(University of Groningen)
Jason Faberman
(Federal Reserve Bank of Chicago)
John Fernald
(Federal Reserve Bank of San Francisco)
Jan 07, 2012 10:15 am, Hyatt Regency, Grand Ballroom CD North
American Economic Association Measuring Systemic Risk
(G1)
Presiding:
Lars Peter Hansen
(University of Chicago)
An Agent Based Model of the Household Sector New Issues in Systemic Risk Rankings Privacy-Preserving Methods for Sharing Financial Risk Exposures [Download Preview]
Discussants:
Bryan Kelly
(University of Chicago)
Paul Kupiec
(Federal Deposit Insurance Corporation)
Stefano Giglio
(Harvard University)
Jan 07, 2012 10:15 am, Hyatt Regency, Columbus EF
American Economic Association Merger Analysis and Policy
(L4)
Presiding:
Allan Collard-Wexler
(New York University)
The First-Order Approach to Merger Analysis [Download Preview] Merger Policy in a Dynamic Industry Model Practical Merger Analysis PRICE COMPETITION AND CONCENTRATION IN SEARCH AND NEGOTIATION MARKETS: EVIDENCE FROM MORTGAGE LENDING [Download Preview]
Discussants:
Timothy F. Bresnahan
(Stanford University)
Ariel Pakes
(Harvard University)
Matthew Gentzkow
(University of Chicago)
Liran Einav
(Stanford University)
Jan 07, 2012 10:15 am, Hyatt Regency, Columbus IJ
American Economic Association Mortgage Markets and Policy Response
(G3)
Presiding:
John Campbell
(Harvard University)
Going for Broke: New Century Financial Corporation, 2004-2006 Lemons and CDOs: Why Did So Many Lenders Issue Poorly Performing CDOs? [Download Preview] Can Owning a Home Hedge the Risk of Moving? [Download Preview] Can Government Intervention Improve Market Outcome? Evidence from HAMP Modification Program
Discussants:
Gadi Berlevy
(Federal Reserve Bank of Chicago)
Victoria Ivashina
(Harvard University)
Tom Davidoff
(University of British Columbia)
Francesco Trebbi
(University of British Columbia)
Jan 07, 2012 10:15 am, Hyatt Regency, Regency A
American Economic Association Panel Discussion: Using Blogs to Teach Undergraduate Economics
(A2)
Presiding:
Gail Hoyt
(University of Kentucky)
Economics for Teachers Grasping Reality with a Sharp Beak: The Semi-Daily Journal of Economist J. Bradford Delong Freakonomics Marginal Revolution Economists Do It with Models
Jan 07, 2012 10:15 am, Hyatt Regency, Grand Ballroom A
American Economic Association Personality Theory, Decision Theory and Economics
(D8)
Presiding:
James Heckman
(University of Chicago)
Personality, Psychology and Economics An Economic Model of Virtue, Self Control and Addiction Toward the Integration of Personality Theory and Decision Theory in the Explanation of Economic and Health Behavior [Download Preview] Who Reacts the Most Strongly Following Economic Events? Personality/Environmental Interactions as Predictors of Change in Life Satisfaction Following Unemployment, Disability, and Income Gains The Heritability of Personality and Gene-Environment Interactions
Jan 07, 2012 10:15 am, Hyatt Regency, Gold Coast
American Economic Association Sovereign Wealth Funds: Threat or Salvation?
(G2)
Presiding:
Will Goetzmann
(Yale University)
The Investment Strategies of Sovereign Wealth Funds [Download Preview] Sovereign Wealth Fund Portfolios [Download Preview] Sovereign Wealth Investing from a National Balance-Sheet Perspective [Download Preview] Determinants of Sovereign Wealth Fund Investment in Private Equity [Download Preview]
Discussants:
Josh Rauh
(Northwestern University)
Patrick Bolton
(Columbia University)
Udaibir Saran Das
(International Monetary Fund)
Re-Jin Guo
(University of Illinois-Chicago)
Jan 07, 2012 10:15 am, Hyatt Regency, Crystal B
American Economic Association The United States and China in the World Economy
(F4)
Presiding:
Dominick Salvatore
(Fordham University)
Growing Human Capital Investment in China Compared to Falling Investment in the United States U.S. and China in the World Economy: The Balance of Payments and the Balance of Power China: Imposing Economic Threat or Unprecedented Growth Opportunity? The United States and China in the World Economy
Discussants:
Gary Becker
(University of Chicago)
Robert Mundell
(Columbia University)
Lawrence Summers
(Harvard University)
Robert Zoellick
(World Bank)
Jan 07, 2012 10:15 am, Hyatt Regency, Regency C
American Economic Association Unconventional Monetary Policies in Crisis Times: Which Impact and What Legacy?
(E5)
Presiding:
Philippe Moutot
(European Central Bank)
What Happens If "Unconventional" Monetary Policies Become More Conventional? QE, CE, and Their Impacts Where to Inject Liquidity? A General-Equilibrium Analysis of a Financial Crisis An Unconventional Comparison of the Fed, the ECB and the Bank of Japan in Crisis Times
Discussants:
James J McAndrews
(Federal Reserve Bank of New York)
Dieter Gerdesmeier
(European Central Bank and Frankfurt School of Finance and Management)
Ricardo Reis
(Columbia University)
Barbara Roffia
(European Central Bank)
Francesco P. Mongelli
(European Central Bank and Goethe University Frankfurt)
Jan 07, 2012 10:15 am, Hyatt Regency, Grand Suite 3
American Economic Association Unemployment and the Business Cycle: The Role of Firm Heterogeneity
(E2)
Presiding:
William Hawkins
(University of Rochester)
Marginal Jobs, Heterogeneous Firms, and Unemployment Flows [Download Preview] Do Large-Firm Bargaining Models Amplify and Propagate Aggregate Productivity Shocks? [Download Preview] Efficient Firm Dynamics in a Frictional Labor Market [Download Preview] Uncertainty, Productivity and Unemployment during the Great Recession [Download Preview]
Discussants:
Marcelo Veracierto
(Federal Reserve Bank of Chicago)
Veronica Guerrieri
(University of Chicago)
Richard Rogerson
(Princeton University)
Guido Menzio
(University of Pennsylvania)
Jan 07, 2012 10:15 am, Hyatt Regency, Wrigley
Association of Financial Economists/American Economic Association Banking and Systematic Risk
(G2)
Presiding:
Gregory Udell
(Indiana University)
A New Theory of Banking Inefficiency [Download Preview] Loan Prospecting [Download Preview] A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk [Download Preview] On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms [Download Preview]
Discussants:
David Ross
(Columbia University)
Robert Marquez
(Boston University)
Ernst-Ludvig von Thadden
(Universitat Mannheim)
Blake LeBaron
(Brandeis University)
Jan 07, 2012 10:15 am, Hyatt Regency, New Orleans
Chinese Economic Association in North America/American Economic Association Macroeconomics of Financial Markets
(G1)
Presiding:
Lee Ohanian
(University of California-Los Angeles)
Credit Checks and Labor Market Outcomes [Download Preview] Is the Volatility of the Market Price of Risk Due to Intermittent Portfolio Re-balancing? Financial Markets and Unemployment [Download Preview] The Limited Contribution of Financial Crises to Depressions
Discussants:
Been-Lon Chen
(Academia Sinica)
Shu-Chun Susan Yang
(International Monetary Fund)
Yi-Chan Tsai
(University of Tokyo)
Tzu-Ying Daphne Chen
(Florida State University)
Jan 07, 2012 10:15 am, Swissotel, Zurich D
International Banking, Economics & Finance Association/American Economic Association Federal Government Tax Reform: The Andrew Brimmer Policy Forum
(H6)
Presiding:
Andrew Brimmer
(Brimmer & Company and University of Massachusetts-Amherst )
Tax Reform Proposals of the Obama Administration The Domenici-Rivlin Tax Reform Proposal [Download Preview] Alternative Tax Reform Proposals Promising Approaches to Tax Reform The Macroeconomic Effects of Tax Reform
Jan 07, 2012 10:15 am, Hyatt Regency, Skyway 265
Peace Science Society International/American Economic Association Conflict, Violence and Power
(H5)
Presiding:
Solomon Polachek
(State University of New York-Binghamton)
The Strategy of Manipulating Conflict Monopolizing Violence and Consolidating Power Violent Conflict: The Costs of the Many Outweigh the Benefits to the Few Wars and Child Health: Evidence from the Eritrean-Ethiopian Conflict [Download Preview] International Prices and Continuing Conflict [Download Preview]
Discussants:
Michael D. Intriligator
(University of California-Los Angeles)
Carlos Seiglie
(Rutgers University-Newark)
Jan 07, 2012 12:30 pm, Hyatt Regency, Grand Ballroom F
American Economic Association Nobel Laureate Luncheon
Presiding:
Christopher Sims
(Princeton University)
Robert E. Hall
(Stanford University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Skyway 269
American Committee on Asian Economic Studies/American Economic Association Issues in Asian Economic Integration and Cooperation
(F4)
Presiding:
Mordechai Kreinin
(Michigan State University)
Cautionary Notes on Asian Economic Integration [Download Preview] How Close is ASEAN to a Common Global-Currency Basket? Modelling East Asian economies in a small open economy VECM: the influence of international and domestic shocks [Download Preview] The Economics of the Trans-Pacific Partnership [Download Preview]
Discussants:
Steven Husted
(University of Pittsburgh)
Manoranjan Dutta
(Rutgers University)
James P. Vere
(University of Hong Kong)
James C. Riedel
(Johns Hopkins University, SAIS)
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus AB
American Economic Association Annual Poster Session on Active Learning Strategies
(A2)
Presiding:
William Bosshardt
(Florida Atlantic University)
Just in Time Teaching in Intermediate Microeconomics [Download Preview] The Economics of The Office Auctions The Use of Popular Music to Teach Introductory Economics in a Live and Online Environment [Download Preview] Improving Community College Economics Instruction: What Can We Learn from Other Disciplines? [Download Preview] Classroom Market Simulation using a Computer Network [Download Preview] Two Dollar Challenge: Beginning to Learn How the Other Half Lives [Download Preview] Teaching Dynamic Aggregate Supply-Aggregate Demand Model in an Intermediate Macroeconomics Class Using Interactive Spreadsheets [Download Preview] Starting Point: Pedagogical Resources for Teaching and Learning Economics [Download Preview] Issues in Economic Freedom: How a Topics Course Can Popularize the Dismal Science [Download Preview] Don't Touch My Medicare Using Peer Assessment to Improve Literative Reviews in Economics [Download Preview] Promoting Active Learning through Undergraduate Economics Journals [Download Preview] How Does Economic Instruction Vary in Community Colleges across Four Regions? [Download Preview] Monopoly and the Realm of Imperfection: Oligopoly and Monopolistic Competition [Download Preview] Is Your CFO Smarter Than a Sophomore? Applying Economics to University Managerial Decisions [Download Preview] TeachingWithData.org: Online Resources for Bringing Data into the Classroom Using Macroeconomic Indicators in Managerial Decision-Making A Web-Based Interactive Macro-Econ Learning System Socratic Discussion [Download Preview] Using Collective Action Experiments to Teach the Economics of Social Issues [Download Preview] Community Based Design Approach to Computer Aided Teaching and Learning Applications [Download Preview] Utilizing Economic Modules for Undergraduate Teaching though Internship Program Big Think: A Model for Critical Inquiry in Economics Courses
Jan 07, 2012 2:30 pm, Hyatt Regency, Grand Suite 3
American Economic Association Autos, Fuel Economy, and the Environment
(Q4)
Presiding:
Erich Muehlegger
(Harvard University)
Gasoline Taxes and Consumer Behavior [Download Preview] Beliefs and Consumer Choice How Do Consumers Respond to Gasoline Price Shocks? Heterogeneity in Vehicle Choice and Driving Behavior [Download Preview] Product Design Response to Industrial Policy: Evaluating Fuel Economy Standards Using an Engineering Model of Endogenous Product Design [Download Preview]
Discussants:
Antonio Bento
(Cornell University)
Beia Spiller
(Duke University/Resources for the Future)
Mark Jacobsen
(University of California-San Diego)
James Sallee
(University of Chicago)
Jan 07, 2012 2:30 pm, Hyatt Regency, Crystal B
American Economic Association Behavioral Welfare Economics
(D6)
Presiding:
Joshua Schwartzstein
(Dartmouth College)
Bayesian Welfare Economics Bounds on Elasticities with Optimization Frictions: A Synthesis of Micro and Macro Evidence on Labor Supply Eliciting Welfare Preferences from Behavioral Datasets [Download Preview] The Good, the Bad, and the Ugly: An Application of Behavioral Welfare Economics to the Problem of Optimal Defaults in 401(k) Plans
Discussants:
Richard Thaler
(University of Chicago)
David Laibson
(Harvard University)
Botond Koszegi
(University of California-Berkeley)
Tomasz Strzalecki
(Harvard University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Regency A
American Economic Association Education Management and Economic Growth
(L3)
Presiding:
Stephen Machin
(University College London)
Teaching Practices and Social Capital [Download Preview] Management Practices in Education: Descriptive Evidence [Download Preview] The Management of Universities Changing School Autonomy: Academy Schools and Their Introduction to England’s Education
Jan 07, 2012 2:30 pm, Hyatt Regency, Toronto
American Economic Association Estimating Trade Elasticities
(F1)
Presiding:
Robert Feenstra
(University of California-Davis)
In Search of the Armington Elasticity Different Trade Models, Different Elasticities? Trade Elasticities [Download Preview] Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09 [Download Preview]
Discussants:
Kim Ruhl
(New York University)
Dennis Novy
(University of Warwick)
John Romalis
(University of Chicago)
Andrei Levchenko
(University of Michigan)
Jan 07, 2012 2:30 pm, Hyatt Regency, Regency B
American Economic Association Funding Markets and the Financial Crisis
(E5)
Presiding:
Viral Acharya
(New York University)
Is Libor Accurate? Micro Evidence from Term Funding Markets Knightian Uncertainty and Interbank Lending [Download Preview] Dealer Financial Conditions and the Term Securities Lending Facility: Was Bagehot Right After All? [Download Preview]
Discussants:
Darrell Duffie
(Stanford University)
Adam Zawadowski
(Boston University)
Douglas Diamond
(University of Chicago)
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus EF
American Economic Association Household Finance and Risk Management
(E2)
Presiding:
Christopher Mayer
(Columbia University)
A Model of Mortgage Default [Download Preview] Household Risk Management [Download Preview] Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice [Download Preview] Houses as ATMs? Mortgage Refinancing and Macroeconomic Uncertainty
Discussants:
John Heaton
(University of Chicago)
Tomasz Piskorski
(Columbia University)
Alexander Michaelides
(University of Cyprus)
Francis Longstaff
(University of California-Los Angeles)
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus KL
American Economic Association International Monetary Reform
(F3)
Presiding:
Raghuram Rajan
(University of Chicago)
Can Asia Overcome the IMF Stigma? Capital Flow Management International Liquidity in a Multipolar World [Download Preview]
Discussants:
Kristen Forbes
(Massachusetts Institute of Technology)
Jean Pisani-Ferry
(University of Paris-Dauphine)
Raghuram Rajan
(University of Chicago)
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus G
American Economic Association International Trade
(F1)
Presiding:
Richard Pomfret
(University of Adelaide)
Learning Versus Stealing: How Important are Market-Share Reallocations to India's Productivity Growth? [Download Preview] The Border Effect Through the Rearview Mirror: Would the puzzle have existed if today's tools had been used? [Download Preview] Roads and Trade: Evidence from the U.S. [Download Preview] Labor Market Frictions, Firm Growth, and International Trade
Jan 07, 2012 2:30 pm, Hyatt Regency, Water Tower
American Economic Association International Trade and Trade Policy: In Memory of Robert E. Baldwin
(F1)
Presiding:
J. David Richardson
(Syracuse University)
Born-to-Export Firms Optimal Design of Trade Agreements in the Presence of Renegotiation Trade and Assortative Matching: Theory and Evidence [Download Preview] Terms of Trade and Global Efficiency Effects of Free Trade Agreements: 1990-2002 [Download Preview]
Discussants:
K.C. Fung
(University of California-Santa Cruz)
Chad Bown
(World Bank)
Stephen Yeaple
(Pennsylvania State University)
Jeffrey Bergstrand
(University of Notre Dame)
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus CD
American Economic Association Macroeconomic Surprises, Measurement and Spill-overs
(E4)
Presiding:
Alan Blinder
(Princeton University)
The Identification of the Response of Interest Rates to Monetary Policy Actions Using Market-Based Measures of Monetary Policy Shocks [Download Preview] Market Perceptions of International Monetary Policy Dependence [Download Preview] Do Energy Prices Respond to U.S. Macroeconomic News? A Test of the Hypothesis of Predetermined Energy Prices [Download Preview] Does the Kiwi Fly When the Kangaroo jumps? The Effect of Australian Macroeconomic News on the New Zealand Dollar [Download Preview]
Discussants:
Eli Remolona
(Bank of International Settlements)
Jonathan Kearns
(Reserve Bank of Australia)
Dean Scrimgeour
(Colgate University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Gold Coast
American Economic Association Macroeconomics and Corporate Finance
(G3)
Presiding:
Roc Armenter
(Federal Reserve Bank of Philadelphia)
The Effects of Rare Economic Crises on Credit Spreads and Leverage [Download Preview] Credit Spreads and Business Cycle Fluctuations A Quantitative Dynamic Agency Model of Financing Constraints The Macroeconomics of Firms' Savings [Download Preview]
Discussants:
Lars-Alexander Kuehn
(Carnegie Mellon University)
Vincenzo Quadrini
(University of Southern California)
Toni Whited
(University of Rochester)
François Gourio
(Boston University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Grand Ballroom A
American Economic Association Measuring and Explaining the Collapse of the Labor Market in the Great Recession
(J4)
Presiding:
John Haltiwanger
(University of Maryland)
Hiring, Churn and the Business Cycle [Download Preview] Job-to-Job Flows in the Great Recession [Download Preview] Recruiting Intensity during and after the Great Recession: National and Industry Evidence [Download Preview] Did the Housing Price Bubble Clobber Local Labor Market Job and Worker Flows When It Burst? [Download Preview]
Discussants:
Aysegul Sahin
(Federal Reserve Bank of New York)
Christopher J. Nekarda
(Federal Reserve Board)
Michael Elsby
(University of Edinburgh)
Bruce Fallick
(Federal Reserve Board)
Jan 07, 2012 2:30 pm, Hyatt Regency, Regency C
American Economic Association New Directions in Trade and Geography
(F1)
Presiding:
Robert Townsend
(Massachusetts Institute of Technology)
Villages as Small Open Economies Innovation in Space [Download Preview] Ricardo's Theory of Comparative Advantage: Old Idea, New Evidence [Download Preview]
Discussants:
Chang Tai Hsieh
(University of Chicago)
Francisco Buera
(Federal Reserve Bank of Minneapolis)
Pol Antras
(Harvard University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Grand Suite 5
American Economic Association News
(E3)
Presiding:
Jae Won Lee
(Rutgers University)
Bad News for News Shocks? The E-Stability and Comovement Tradeoff in a News-Driven Business Cycle Model [Download Preview] On the nature of the financial system in the Euro Area: a Bayesian DSGE approach [Download Preview] Handling Non-Invertibility: Theory and Applications [Download Preview] Asset Prices, News Shocks and the Current Account [Download Preview] News Shocks, Price Levels, and Monetary Policy [Download Preview]
Jan 07, 2012 2:30 pm, Hyatt Regency, Columbus IJ
American Economic Association Regulating Large, Global and Complex Financial Institutions
(G2) (Panel Discussion)
Panel Moderator:
Anat Admati
(Stanford University)
Anil Kashyap
(University of Chicago)
Nellie Liang
(Federal Reserve Board)
Kostas Tsatsaronis
(Bank of International Settlements)
Jan 07, 2012 2:30 pm, Hyatt Regency, Grand Ballroom B
American Economic Association The Dynamics of Health and Wealth among the Elderly
(I1)
Presiding:
James Poterba
(Massachusetts Institute of Technology and NBER)
Medicaid Insurance in Old Age [Download Preview] Income, Wealth, and Health Care during Retirement The Asset Cost of Poor Health [Download Preview] The Effect of the Risk of Out-of-Pocket Spending for Health Care on Economic Preparation for Retirement
Discussants:
Amy N. Finkelstein
(Massachusetts Institute of Technology)
Courtney C. Coile
(Wellesley College)
Serdar Ozcan
(Federal Reserve Board)
John Sabelhaus
(Federal Reserve Board and University of Maryland)
Jan 07, 2012 2:30 pm, Hyatt Regency, Regency D
American Economic Association What Determines the Performance of US and International Healthcare?
(I1)
Presiding:
John Van Reenen
(London School of Economics and Centre for Economic Performance and CEPR)
Expertise, Underuse, and Overuse in Healthcare The Impact of Competition on Management Quality: Evidence from Public Hospitals [Download Preview] Fight or Flight: The Threat of Specialty Competition and the Service Offerings of General Hospitals [Download Preview] Will Risk Adjustment Decrease Health Care Costs? New Evidence from the Medicare Advantage Program [Download Preview]
Jan 07, 2012 2:30 pm, Swissotel, Vevey 3
American Real Estate & Urban Economic Association/American Economic Association Housing and the Macroeconomy
(E3)
Presiding:
Francois Ortalo-Magne
(University of Wisconsin)
Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes [Download Preview] Understanding Booms and Busts in Housing Prices [Download Preview] House Price Booms and the Current Account [Download Preview]
Discussants:
David Andolfatto
(Federal Reserve Bank of St. Louis)
Erwan Quintin
(University of Wisconsin)
Aurel Hizmo
(New York University)
Jan 07, 2012 2:30 pm, Hyatt Regency, Crystal A
Health Economics Research Organization/American Economic Association Medicare and Prescription Drugs
(I1)
Presiding:
Donald Yett
(University of Southern California)
Plan Selection in Medicare Part D: Evidence from Administrative Data Market Design When Firms Interact with Inertial Consumers: Evidence from Medicare Part D [Download Preview] Drug Shopping and Use in the Donut Hole
Discussants:
Mark Duggan
(University of Pennsylvania)
Martin Gaynor
(Carnegie Mellon University)
Jay Bhattacharya
(Stanford University)
Jan 07, 2012 2:30 pm, Palmer House Hilton, Grand Park Parlor
National Economic Association/American Economic Association The Status of Blacks in the Economics Profession
(J4)
Presiding:
Juliet Elu
(Morehouse College)
The Scholary Status of Blacks In The Economics Profession: Has The National Economic Association and The Review of Black Political Economy Mattered? [Download Preview] The Status of Black Economists on economics faculties African Americans and their contribution to the Creation and Execution of Monetary Policy, Financial Regulation, and Economic Research within the Federal Reserve System The Status of Black Economists in Government The Status of Black Economists in Public Policy Programs The Contemporary and Historical Pipeline of Black Economists
Discussants:
James Peoples
(University of Wisconsin-Milwaukee)
William Spriggs
(Howard University)
Linda Loubert
(Morgan State University)
Margaret Simms
(Urban Institute)
Jan 07, 2012 2:30 pm, Hyatt Regency, Acapulco
Transportation & Public Utilities Group/American Economic Association Economics of Nuclear Energy Post Fukushima
(L5)
Presiding:
David Gabel
(Queens College)
The Future of Nuclear Power After Fukushima (Paul Joskow and John Parsons) [Download Preview] Capacity Factor Risk at Nuclear Power Plants [Download Preview] Will Fukushima Be the Final Straw for the Nuclear Renaissance?
Discussants:
Kenneth Rose
(Ohio State University)
Jan 07, 2012 4:40 pm, Hyatt Regency, Grand Ballroom F
American Economic Association Awards Ceremony and Presidential Address
Presiding:
Christopher Sims
(Princeton University)
Orley Ashenfelter
(Princeton University)
Cross Country Wage Comparisons
Jan 07, 2012 6:00 pm, Hyatt Regency, Grand Ballroom F
American Economic Association Business Meeting
Jan 07, 2012 8:00 pm, Hyatt Regency, Crystal B
American Economic Association The Economics Humor Session in Honor of Caroline Postelle Clotfelter
(Z1)
Presiding:
Orley Ashenfelter
(Princeton University)
S*** Happens: The Economics Version Potterian Economics Diamond Jim Hyperplanic Quantile Utility Optimization under Separating Auction Equilibria A Theory of Interstellar Trade Jan 08, 2012
Jan 08, 2012 8:00 am, Hyatt Regency, Atlanta
American Economic Association Advance in the Theory of Contests and Tournaments
(C7)
Presiding:
Ron Siegel
(Northwestern University)
Head Starts in Contests [Download Preview] Contests with Endogenous and Stochastic Entry [Download Preview] Sequential All-Pay Auctions with Head Starts and Noisy Outputs [Download Preview] The Optimal Design of Rewards in Contests [Download Preview]
Discussants:
Ron Siegel
(Northwestern University)
Qiang Fu
(National University of Singapore)
Ella Segev
(Ben-Gurion University of the Negev)
Todd R. Kaplan
(University of Exeter and University of Haifa)
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus EF
American Economic Association Bubbles and Financial Crisis
(E3)
Presiding:
Pengfei Wang
(HKUST)
Bubbly Liquidity Bubbles and Credit Constraints [Download Preview] Equilibrium Debt Financing [Download Preview] Bubbly Business Cycles
Discussants:
Zheng Liu
(Federal Reserve Bank of San Francisco)
Alberto Martin
(CREI and Universitat Pompeu Fabra)
Pengfei Wang
(HKUST)
Christian Hellwig
(University of California-Los Angeles)
Jan 08, 2012 8:00 am, Hyatt Regency, Buckingham
American Economic Association Communication in Experiments
(C9)
Presiding:
Dietmar Fehr
(WZB Berlin)
Ignorance is bliss: an experimental study of the use of ambiguity and vagueness in the coordination games with asymmetric payoffs [Download Preview] Inefficient Markets Managing Credibility Endogenous Communication and Coordination
Discussants:
Julian Jamison
(Federal Reserve Bank of Boston)
John Duffy
(University of Pittsburgh)
David Huffman
(Swarthmore College)
Svetlana Pevnitskaya
(Florida State University)
Jan 08, 2012 8:00 am, Hyatt Regency, Soldier Field
American Economic Association Competition and Productive Efficiency
(L1)
Presiding:
Timothy Bresnahan
(Stanford University)
The Shrinking Hand: Why Information Technology Leads to Smaller Firms Profitability, Trade Credit and Institutional Structure of Production [Download Preview] Ownership and Performance in Vertical Relations: Satellite-Tracked Evidence [Download Preview] Competition and Price Dispersion in Jerusalem's Mahane Yehuda Market Do Cartels Undermine Economic Efficiency? [Download Preview]
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus CD
American Economic Association Disability Programs and Employment
(J1)
Presiding:
John Pepper
(University of Virginia)
Cohort Trends in Employment and Use of Work Incentives for Participants in the Supplemental Security Income Program The Importance of State Anti-Discrimination Laws on Employer Accommodation and the Movement of their Employees onto Social Security Disability Insurance [Download Preview] What Are the Real Application Costs of SSDI? The Effect of Waiting Time on Labor Force Participation and Earnings The Effect of Vocation Rehabilitation for People with Mental Illness [Download Preview]
Discussants:
David Autor
(Massachusetts Institute of Technology)
David Stapleton
(Mathematica)
Eric French
(Federal Reserve Bank of Chicago)
Jeffrey Smith
(University of Michigan)
Jan 08, 2012 8:00 am, Hyatt Regency, Hong Kong
American Economic Association Economics of Families
(J1)
Presiding:
Anne Winkler
(University of Missouri-St.Louis)
Maternity Leave, Effort Allocation and Post-Motherhood Earnings [Download Preview] Paternity Leave [Download Preview] Selection, Heterogeneity and the Gender Wage Gap [Download Preview] I Will Divorce If You Cannot Give Me More Children and At Least a Son: Evidence from Vietnam [Download Preview] Engaging Absent Fathers: Lessons from Paternity Establishment Programs [Download Preview]
Jan 08, 2012 8:00 am, Hyatt Regency, Grand Suite 5
American Economic Association Fiscal Empirics
(E6)
Presiding:
Francesco Bianchi
(Duke University)
Optimal State-Contingent Fiscal Policy [Download Preview] Fiscal Policy and Lending Relationships [Download Preview] How Bad was Lehman Shock?: Estimating a DSGE model with Firm and Bank Balance Sheets in a Data-Rich Environment [Download Preview] Toward a Taylor Rule for Fiscal Policy [Download Preview] Rethinking the Effects of Fiscal Policy on Macroeconomic Aggregates: A Disaggregated SVAR Analysis [Download Preview]
Jan 08, 2012 8:00 am, Hyatt Regency, Grand Suite 3
American Economic Association Fiscal Policy Analysis
(H3)
Presiding:
Adam Hoffer
(West Virginia University)
State Pension Contributions and Fiscal Stress [Download Preview] Term Limits, Seniority, and Government Spending: Theory and Evidence from the U.S. States [Download Preview] Beyond Tax Smoothing [Download Preview] Preference Policies [Download Preview]
Discussants:
Adam J. Hoffer
(West Virginia University)
Peter Berck
(University of California-Berkeley)
David Splinter
(Rice University)
Yasushi Asako
(Bank of Japan)
Jan 08, 2012 8:00 am, Hyatt Regency, Acapulco
American Economic Association Funding of Shadow Banks
(G2)
Presiding:
Stefan Nagel
(Stanford University)
Shadow Banking Sizing Up Repo [Download Preview] Repo runs: Evidence from the tri-party repo market [Download Preview] Securitization Without Risk Transfer [Download Preview]
Discussants:
Viral V. Acharya
(New York University)
Gary B. Gorton
(Yale University)
Suresh Sundaresan
(Columbia University)
Philip E. Strahan
(Boston College)
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus G
American Economic Association Implications of Nonstandard Models of Decision Making
(E)
Presiding:
Lars Peter Hansen
(University of Chicago)
A Prior Predictive Analysis of the Effects of Loss Aversion/Narrow Framing in a Macroeconomic Model for Asset Pricing [Download Preview] Monetary Policy, Doubts and Asset Prices [Download Preview] Life-Cycle Asset Allocation with Ambiguity Aversion and Learning [Download Preview] Robust Control, Informational Frictions, and International Consumption Correlations [Download Preview] Reflexive Expectation Formation [Download Preview]
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus H
American Economic Association Including Communities in the Development Process
(O1)
Presiding:
Rema Hanna
(Harvard University)
Targeting the Poor: Evidence from a Field Experiment in Indonesia Community Based Monitoring: Experimental Evidence on Design and Long Run Impact [Download Preview] Does Direct Democracy Limit Resource Capture? Experimental Evidence from Afghanistan [Download Preview] Improving Educational Quality through Enhancing Community Participation: Results from a Randomized Field Experiment in Indonesia” [Download Preview]
Discussants:
Chris Blattman
(Yale University)
Sandip Sukhtankar
(Dartmouth College)
Martina Bjorkman-Nyqvist
(Universita Bocconi)
Rema Hanna
(Harvard University)
Jan 08, 2012 8:00 am, Hyatt Regency, Toronto
American Economic Association Informing Household Saving Decisions: Plan Features and Interventions
(H3)
Presiding:
Annamaria Lusardi
(Dartmouth College)
What’s My Account Really Worth? The Effect of Lifetime Income Disclosure on Retirement Savings [Download Preview] The Impact of a Roth Option on Outcomes in Employer-Sponsored Savings Plans [Download Preview] How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors [Download Preview]
Discussants:
James Choi
(Yale University)
Scott Weisbenner
(University of Illinois)
Anya C. Savikhin
(University of Chicago)
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus KL
American Economic Association Legal and Economic Foundations of Organization
(L2)
Presiding:
Scott Masten
(University of Michigan)
What is Law? A Coordination Model of the Characteristics of Legal Order [Download Preview] On the Evolution of Collective Enforcement Institutions: Communities and Courts [Download Preview] Theories of Firm and Market Organization: Focal Transactions, Empirical Testing, and Scaling Up [Download Preview]
Discussants:
Robert Gibbons
(Massachusetts Institute of Technology)
Scott E. Masten
(University of Michigan)
Jan 08, 2012 8:00 am, Hyatt Regency, Grand Ballroom A
American Economic Association Markets with Frictions
(D4) (Panel Discussion)
Panel Moderator:
Christopher Sims
(Princeton University)
Dale T. Mortensen
(Northwestern University)
Peter A. Diamond
(Massachusetts Institute of Technology)
Robert Shimer
(University of Chicago)
Philipp Kircher
(London School of Economics)
Jan 08, 2012 8:00 am, Hyatt Regency, Skyway 260
American Economic Association Producer Pricing in International Macroeconomics and Trade
(F4)
Presiding:
Katheryn Russ
(University of California-Davis and NBER)
Trade Wedges, Inventories, and International Business Cycles [Download Preview] Export Prices of U.S. Firms [Download Preview] Pricing-to-Market: Evidence From Plant-Level Prices [Download Preview] Teams of Rivals [Download Preview]
Discussants:
Mario Crucini
(Vanderbilt University)
Kalina Manova
(Stanford University)
Jaromir Nosal
(Columbia University)
Kanda Naknoi
(Purdue University)
Jan 08, 2012 8:00 am, Hyatt Regency, Wrigley
American Economic Association Returns to Schooling
(I2)
Presiding:
Marian Vidal-Fernandez
(University of New South Wales and IZA)
Nature vs. Nurture in the Transmission of Economic Status Are Returns to Education on the Decline in Venezuela and Does Mission Sucre Have a Role to Play? [Download Preview] Additional Returns to Investing in Girls' Education: Impact on Younger Sibling Human Capital [Download Preview] ABC 123: Can Mobile Phones Improve Learning: Evidence from a Field Experiment in Niger. [Download Preview]
Jan 08, 2012 8:00 am, Hyatt Regency, Columbian
American Economic Association Robust Dynamic Contracting
(C7)
Presiding:
Sylvain Chassang
(Princeton University)
Aligned Delegation [Download Preview] Calibrated Incentive Contracts [Download Preview] Dynamic Contracts: Approximate Efficiency and Flexibility Insurance and Taxation over the Life Cycle [Download Preview]
Discussants:
Sylvain Chassang
(Princeton University)
Xavier Gabaix
(New York University)
Jason Hartline
(Northwestern University)
Rakesh Vohra
(Northwestern University)
Jan 08, 2012 8:00 am, Hyatt Regency, Columbus IJ
American Economic Association The Economic Implact of Global Banking
(G1)
Presiding:
Alexander Popov
(European Central Bank)
'When the Cat's Away the Mice Will Play': Does Regulation at Home Affect Bank Risk-Taking Abroad? [Download Preview] Government Guarantees and Bank Risk Taking Incentives [Download Preview] Do Banks Benefit from Internationalization? Revisiting the Market Power-Risk Nexus [Download Preview] Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on Financial Contagion during the Recent Financial Crisis [Download Preview]
Discussants:
Jorg Rocholl
(European School of Management and Technology)
Claudia Buch
(University of Tubingen)
Steven Ongena
(Tilburg University)
Florian Heider
(European Central Bank)
Jan 08, 2012 8:00 am, Hyatt Regency, Water Tower
American Economic Association The Impact of Negative Emotions on Economic Decisions
(D1)
Presiding:
Robert Frank
(Cornell University)
Bad Moods and Overconfidence [Download Preview] Emotion Regulation Modulates Inequity Aversion in an Ultimatum Game New Survey Evidence on the Components of a National Well-Being Index
Discussants:
Daniel Houser
(George Mason University)
Shane Frederick
(Yale University)
Angus Deaton
(Princeton University)
Jan 08, 2012 8:00 am, Hyatt Regency, Gold Coast
American Economic Association Water Rights: Historical Perspectives and Emerging Issues
(N5)
Presiding:
Zeynep Hansen
(Boise State University and NBER)
The Evolving Impact of the Ogallala Aquifer: Agricultural Adaptation to Groundwater and Climate [Download Preview] The Political Economy of Major Water Infrastructure Investments in the Western United States and the Impact on Agriculture [Download Preview] An Econometric Test of Water Market Structure in the Western United States [Download Preview] Property Rights and Conjunctive Management: The Implications of Hydraulic Connectivity between Surface and Ground Water [Download Preview]
Discussants:
Joseph Cullen
(Washington University)
Pinar Keskin
(Wellesley College)
Jason Hansen
(Naval Postgraduate School)
Carl Kitchens
(University of Arizona)
Jan 08, 2012 8:00 am, Hyatt Regency, Regency B
Society for the Advancement of Behavioral Economics/American Economic Association Celebrating the 30th Anniversary of the Publication of Gary Becker's Treatise on the Family
(D1)
Presiding:
Aloysius Siow
(University of Toronto)
The Economics of the Family and the Economics of Child Development Equilibrium Models of the Marriage Market: Theory and Some Applications Gender, Culture and Division of Labor Household Production and Racial Intermarriage [Download Preview]
Discussants:
Gary S. Becker
(University of Chicago)
Jan 08, 2012 10:15 am, Hyatt Regency, Grand Suite 5
American Economic Association Aspects of the Labor Market during the Great Recession
(J6)
Presiding:
Till Von Wachter
(Columbia University)
Did Leisure Increase Following the 2008 Tax Rebates? Evidence from Daily Data. Employment, Earnings, and Deferred Compensation During the Great Recession [Download Preview] Financing Constraints and Unemployment: Evidence from the Great Recession [Download Preview] Has the Great Recession Raised U.S. Structural Unemployment Rate? [Download Preview] Immigration, Remittances and Business Cycles [Download Preview]
Jan 08, 2012 10:15 am, Hyatt Regency, Toronto
American Economic Association Consumer Credit
(G2)
Presiding:
Simon Firestone
(Federal Reserve Board)
Credit Supply to Bankrupt Consumers: Evidence from Credit Card Mailings [Download Preview] Does Bankruptcy Reduce Foreclosure? [Download Preview] Information Asymmetries in Consumer Credit Markets [Download Preview] Race, Ethnicity, and Credit Card Marketing [Download Preview]
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus EF
American Economic Association Corruption
(O1)
Presiding:
Sendhil Mullainathan
(Harvard University)
Corrupting Learning: Evidence from Missing Federal Education Funds in Brazil [Download Preview] The Dynamic Effects of Information on Political Corruption: Theory and Evidence from Puerto Rico [Download Preview] Decentralization and the Political Economy of Water Pollution: Evidence from the Re-drawing of County Borders in Brazil [Download Preview] The Marginal Rate of Corruption in Public Programs [Download Preview]
Discussants:
Paul Niehaus
(University of California-San Diego)
Claudio Ferraz
(PUC-Rio)
Gustavo Bobonis
(University of Toronto)
Mushfiq Mobarak
(Yale School of Management)
Sandip Sukhtankar
(Dartmouth College)
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus IJ
American Economic Association Does Uncertainty Matter for Business Cycles?
(E3)
Presiding:
Giuseppe Moscarini
(Yale University)
Financial Markets and Fluctuations in Uncertainty Estimating the Causal Effect of Uncertainty from Disaster Shocks [Download Preview] Financial Factors in Economic Fluctuations Business Cycles and Endogenous Uncertainty [Download Preview]
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus KL
American Economic Association Educational Choices and Returns to Skills
(J3)
Presiding:
Sergio Urzua
(Northwestern University)
Early and Late Human Capital Investments, Borrowing Constraints, and the Family [Download Preview] The Changing Roles of Education and Ability in Wage Determination [Download Preview] The Effects of Schooling on Labor Market and Health Outcomes The Impact of Early Cognitive and Non-cognitive Skills on Later Outcomes [Download Preview]
Discussants:
Baris Kaymak
(Université de Montréal)
Philippe Belley
(Kansas State University)
Gregorio Caetano
(University of Rochester)
Joshua Kinsler
(University of Rochester)
Jan 08, 2012 10:15 am, Hyatt Regency, Acapulco
American Economic Association Family and Finance
(D1)
Presiding:
Pierre-André Chiappori
(Columbia University)
Insurance and Investment within Family Networks Exponential Individuals, Hyperbolic Households [Download Preview] Intrahousehold Preference Heterogeneity, Commitment, and Strategic Savings [Download Preview] Financing from Family and Friends [Download Preview]
Jan 08, 2012 10:15 am, Hyatt Regency, Regency A
American Economic Association Household Finance and the Macro Economy
(G1)
Presiding:
Antoinette Schoar
(Massachusetts Institute of Technology)
Household Balance Sheets, Consumption, and the Economic Slump [Download Preview] Credit Supply and House Prices: Evidence from Mortgage Market Segmentation [Download Preview] What Kinds of Annuities Do People Want?
Discussants:
Ivan Werning
(Massachusetts Institute of Technology)
Nicholas Souleles
(University of Pennsylvania)
Annette Vissing Jorgensen
(Northwestern University)
Jan 08, 2012 10:15 am, Hyatt Regency, Regency B
American Economic Association Information, Financial Crisis and the Real Economy
(G2)
Presiding:
Olivier Blanchard
(International Monetary Fund)
Interconnections and Volatility in Networks A Macroeconomic Model with a Financial Sector Real and Financial Crises: The Role of Irreversibility and News in Micro-Macro Linkages A Model of Shadow Banking [Download Preview]
Discussants:
Viral Acharya
(New York University)
Itay Goldstein
(University of Pennsylvania)
Gary Gorton
(Yale University)
Nobuhiro Kiyotaki
(Princeton University)
Jan 08, 2012 10:15 am, Hyatt Regency, Water Tower
American Economic Association Innovation and Public Policy
(O3)
Presiding:
Joshua Gans
(University of Toronto)
The Two Faces of Innovation [Download Preview] A Simple Model of Copyright Levies: Implications for Harmonization [Download Preview] Knowledge Linkages and Multi-Sector Firm Innovations Science-Based Business: Knowledge Capital or Entrepreneurial Ability? Theory and Evidence from a Survey of Biotechnology Start-ups [Download Preview] Maximizing the Value of Science: No News Can Be Good News [Download Preview]
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus G
American Economic Association International Finance
(F3)
Presiding:
Abigail Hornstein
(Wesleyan University )
Foreign Exchange Intervention When Interest Rates Are Zero: Does the Portfolio Balance Channel Matter After All? [Download Preview] Reserve Management and Sovereign Debt Cost in a World with Liquidity Crises [Download Preview] Financial Markets as a Commitment Device for the Government [Download Preview] Did Unconventional Interventions Unfreeze the Credit Market? Some International Evidence
Discussants:
Tanseli Savaser
(Williams College)
Bill Craighead
(Wesleyan University)
Ergys Islamaj
(Vassar College)
Abigail Hornstein
(Wesleyan University)
Jan 08, 2012 10:15 am, Hyatt Regency, Regency C
American Economic Association International Trade Agreements
(F1)
Presiding:
Mostafa Beshkar
(University of New Hampshire)
Tariff Binding and Overhang: Theory and Evidence [Download Preview] The Theory Of Optimal Delegation With An Application To Tariff Caps [Download Preview] Exporting under Trade Policy Uncertainty: Theory and Evidence [Download Preview] Uncertainty and Trade Agreements
Discussants:
Meredith Crowly
(Federal Reserve Bank of Chicago)
Jee-Hyeong Park
(Seoul National University)
Taiji Furusawa
(Hitotsubashi University)
Mostafa Beshkar
(University of New Hampshire)
Jan 08, 2012 10:15 am, Hyatt Regency, Regency D
American Economic Association Lessons from the Past for Today's Fiscal Adjustment Plans
(H6)
Presiding:
Paolo Mauro
(International Monetary Fund)
The Liquidation of Government Debt [Download Preview] When and Why Fiscal Adjustments are Successful From First-Release to Ex-Post Fiscal Data: Exploring the Sources of Revision Errors in the EU [Download Preview] Chipping Away at the Public Debt—A Statistical Analysis of Large Fiscal Adjustment Plans in European Union Member Countries, 1991-2007 [Download Preview]
Discussants:
Antonio Fatas
(INSEAD, France)
Philip Lane
(Trinity College, Dublin)
Glenn Follette
(Federal Reserve Board)
Eric M. Leeper
(Indiana University)
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus H
American Economic Association Multi-Product Firms and Product Quality in International Trade
(F1)
Presiding:
Kalina Manova
(Stanford University)
Trading Away Wide Brands for Cheap Brands Exports, Export Destinations, and Skills Multi-Product Firms and Product Quality [Download Preview]
Discussants:
Marc Muendler
(University of California-San Diego)
Robert Johnson
(Dartmouth College)
Jim Tybout
(Pennsylvania State University)
Jan 08, 2012 10:15 am, Hyatt Regency, Hong Kong
American Economic Association Real-Time Density Forecasting
(C5)
Presiding:
Simon van Norden
(HEC Montreal, CIRANO and CIREQ)
Real-Time Forecasting with a Mixed Frequency VAR [Download Preview] Density Forecasts in the Presence of Instabilities Nowcasting GDP in Real Time: A Density Combination Approach [Download Preview] Analyzing the Effect of Data Revisions on Predictive Densities in a Small-Scale DSGE Model
Discussants:
Jonathan Wright
(Johns Hopkins University)
Francis X. Diebold
(University of Pennsylvania)
Ed Herbst
(University of Pennsylvania)
Simon van Norden
(HEC Montreal, CIRANO and CIREQ)
Jan 08, 2012 10:15 am, Hyatt Regency, Skyway 260
American Economic Association Structural Change, Growth and Welfare in the Global Economy
(F4)
Presiding:
Kei-Mu Yi
(Federal Reserve Bank of Minneapolis)
Structural Change in Open Economies [Download Preview] International Trade: Linking Micro and Macro A Global View of Productivity Growth in China [Download Preview] The Evolution of Comparative Advantage [Download Preview]
Discussants:
Rachel Ngai
(London School of Economics)
Diego Restuccia
(University of Toronto)
Francisco Buera
(Federal Reserve Bank of Minneapolis)
Michael Waugh
(New York University)
Jan 08, 2012 10:15 am, Hyatt Regency, Gold Coast
American Economic Association The International Transmission of Financial Shocks: Bank-Level Evidence from the 2007-2009 Crisis
(F3)
Presiding:
Erik Berglöf
(European Bank for Reconstruction and Development (EBRD))
Foreign Banks in the Great Recesssion: Diversity in Internal and External Lending [Download Preview] Flight Home, Flight Abroad, and International Credit Cycles [Download Preview] From Financial Crisis to Great Recession: The Transmission Role of Globalized Banks [Download Preview] Bank Funding Constraints and International Shock Transmission during the 2007-09 Crisis [Download Preview]
Discussants:
Jeromin Zettelmeyer
(European Bank for Reconstruction and Development)
Nicola Cetorelli
(Federal Reserve Bank of New York)
Neeltje Van Horen
(De Nederlandsche Bank)
Mariassunta Giannetti
(Stockholm School of Economics)
Jan 08, 2012 10:15 am, Hyatt Regency, Grand Suite 3
American Economic Association The Role of Information in Decisions about Public Education
(I2)
Presiding:
Diane Schanzenbach
(Northwestern University)
Private Contracting by Public Schools: Evidence from the Market for Comprehensive School Reform [Download Preview] Principal Quality and the Labor Market for Public School Administrators School Quality and Information Disclosure: Evidence from the Housing Market [Download Preview]
Discussants:
Jacob Vigdor
(Duke University)
Jesse Rothstein
(University of California-Berkeley)
David Figlio
(Northwestern University)
Jan 08, 2012 10:15 am, Hyatt Regency, Grand Ballroom A
American Economic Association What Happened to the U.S. Employment Miracle?
(J6) (Panel Discussion)
Panel Moderator:
Janice Eberly
(Northwestern University)
Steven J. Davis
(University of Chicago)
Henry Farber
(Princeton University)
Lawrence Katz
(Harvard University)
Robert Shimer
(University of Chicago)
Jan 08, 2012 10:15 am, Hyatt Regency, Columbus CD
American Economic Association Women and the Firm
(Y9)
Presiding:
Marjorie McElroy
(Duke University)
Affirmative Action in Korea: Its Impact on Women’s Employment, Corporate Performance and Economic Growth [Download Preview] Business Cycles and Gender Diversification: An Analysis of Staffing Patterns by Industry and Firm Size Layoff Decisions at Women-Owned Businesses in the United States [Download Preview] Men are from Mars, Women are from Venus: Gender and Mergers and Acquisitions [Download Preview]
Discussants:
Sabrina Pabilonia
(Bureau of Labor Statistics)
Julie Smith
(Lafayette College)
Cristian Bartolucci
(Collegio Carlo Alberto)
Johanna L. Francis
(Fordham University)
Jan 08, 2012 10:15 am, Swissotel, Vevey 2
Association for Comparative Economic Studies/American Economic Association Institutions, Crises, and Creative Destruction
(O1)
Presiding:
John Haltiwanger
(University of Maryland and NBER)
Do Crises Catalyze Creative Destruction? Firm-Level Evidence from Indonesia Scarring Recessions and Credit Constraints: Evidence from Colombian Firm Dynamics [Download Preview] U.S. Job Creation and Firm Dynamics in the Great Recession: Cyclical and Secular Factors Institutions and Creative Destruction in the Postcommunist Transition: A Comparative Firm-Level Analysis
Discussants:
Jonathan Haskel
(Imperial College London)
John J. Stevens
(Federal Reserve Board)
Francis Kramarz
(CREST)
Eric J. Bartelsman
(Free University of Amsterdam)
Jan 08, 2012 10:15 am, Palmer House Hilton, Wabash
Union for Radical Political Economists/American Economic Association Economics and Ethics
(A1)
Presiding:
Ann Davis
(Marist College)
How Economics Undermines Our Relationships With Each Other and With the Planet [Download Preview] Where Positive Meets Normative: Economics, Economists, and the Matter of Harm [Download Preview] The Economy is Reasonably Ethical, But Samuelsonian Economics is Not
Discussants:
Thomas Leonard
(Princeton University)
Jonathan Feinstein
(Yale University)
William Lazonick
(University of Massachusetts-Lowell)
Jan 08, 2012 1:00 pm, Hyatt Regency, Atlanta
American Economic Association Air Pollution and Development
(Q5)
Presiding:
Rema Hanna
(Harvard University)
The Effect of Pollution on Labor Supply: Evidence from a Natural Experiment in Mexico City [Download Preview] Air Pollution Control in India: Getting the Prices Right [Download Preview] The Long-Run Impact of Air Pollution on Life Expectancy: Evidence from China’s Huai River Policy Import Competition and Environmental Performance: Evidence from Mexican Plant-level and Satellite Imagery Data [Download Preview]
Discussants:
Matthew Neidell
(Columbia University)
Rema Hanna
(Harvard University)
Maureen Cropper
(Univesity of Maryland and Resources for the Future)
Paulina Oliva
(University of California-Santa Barbara)
Jan 08, 2012 1:00 pm, Hyatt Regency, Toronto
American Economic Association Banking in Crisis
(G2)
Presiding:
Amit Seru
(University of Chicagoi)
Liberalization, Bank Governance, and Risk Taking [Download Preview] How do banks react to increased credit risks? Evidence from Hurricane Katrina [Download Preview] Bank Organization, Market Structure and Risk Taking: Theory and Evidence from U.S. Commercial Banks [Download Preview] International Banks and the Cross-Border Transmission of Business Cycles [Download Preview]
Discussants:
Todd Gormley
(University of Pennsylvania)
Adi Sunderam
(Harvard University)
Jose Liberti
(DePaul University)
Philipp Schnabl
(New York University)
Jan 08, 2012 1:00 pm, Hyatt Regency, Skyway 260
American Economic Association Climate Change Policy in a Risky World
(Q5)
Presiding:
Kenneth Judd
(Hoover Institution)
The Optimal Allocation of Global Land Use in the Food-Energy-Environment Trilemma [Download Preview] Robust Emissions Policies in a Northian Heat Balance Model of Global Warming Optimal Policy Response to Tipping Point Risks The Cost of Climate Change Risk
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbian
American Economic Association Corruption II
(K4)
Presiding:
Ralph Bayer
(University of Adelaide)
Black Markets and Economic Sanctions The Role Political Connections Play in Access to Finance: Evidence from Cross-Listing [Download Preview] Displacing Corruption [Download Preview] Bribes for Sales: Evidence from the Second Set of Books [Download Preview] Importing Corruption Norms from Overseas: Evidence from Corporate Tax Evasion in the U.S. [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbus CD
American Economic Association Designing Effective School Choice Mechanisms
(I2)
Presiding:
Diane Schanzenbach
(Northwestern University)
School Choice, School Quality and College Attendance [Download Preview] Charter School Entry and Student Choice: The Case of Washington, D.C. [Download Preview] Promoting School Competition through School Choice: A Market Design Approach [Download Preview] From Boston to Shanghai to Deferred Acceptance: Theory and Experiments on A Family of School Choice Mechanisms
Discussants:
Kevin Stange
(University of Michigan)
Justine Hastings
(Brown University)
Onur Kesten
(Carnegie Mellon University)
Fuhito Kojima
(Stanford University)
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbus IJ
American Economic Association DSGE Model Forecasts
(E3)
Presiding:
Mark Watson
(Princeton University)
Model Comparisons in Unstable Environments [Download Preview] Judging the DSGE Model by Its Forecast Incorporating External Information into DSGE Model Forecasts [Download Preview] Professional Forecasters and the Identification of Shocks in a DSGE Model
Discussants:
Marco Del Negro
(Federal Reserve Bank of New York)
Mark Watson
(Princeton University)
Keith Sill
(Federal Reserve Bank of Philadelphia)
Jonathan H. Wright
(Johns Hopkins University)
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbus KL
American Economic Association Empirical Approaches to Sovereign Debt Default and Monetary-Fiscal Interactions
(H6)
Presiding:
Eric M. Leeper
(Indiana University)
Estimating Sovereign Default Risk [Download Preview] Monetary/Fiscal Policy Mix and Agents' Beliefs [Download Preview] Monetary-Fiscal Policy Interactions and Indeterminacy in Post-War U.S. Data [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Acapulco
American Economic Association Experiments on Household and Business Finance
(O1)
Presiding:
Nathan Fiala
(World Bank)
Bringing the Bank to Your Door: Uptake among the Poor in a Financial Inclusion and Savings Program Searching for the Source of Savings: Deposit Collectors in Sri Lanka Unpacking the Causal Chain of Financial Literacy [Download Preview] Strategic Default in Joint Liability Groups: Evidence from a Natural Experiment in India [Download Preview]
Discussants:
Nathan Fiala
(World Bank)
Christopher Woodruff
(University of Warwick)
Bilal Zia
(World Bank)
Xavier Gine
(World Bank)
Jan 08, 2012 1:00 pm, Hyatt Regency, Wrigley
American Economic Association Financial Access and Economic Development
(O1)
Presiding:
Benjamin Moll
(Princeton University)
Targeting the Poor: A Macroeconomic Analysis of Cash Transfer Programs [Download Preview] Networks, Finance, and Development: Evidence from Hunter-Gatherers [Download Preview] Verifying the State of Financing Constraints: Evidence from U.S. Business Credit Contracts [Download Preview] Beyond Microcredit: Giving the Poor a Way to Save Their Way out of Poverty [Download Preview] Is Small Beautiful? An Evaluation of India's Product Reservation Policy for SSEs.
Jan 08, 2012 1:00 pm, Hyatt Regency, Grand Suite 5
American Economic Association Global Production Chains
(F1)
Presiding:
Pol Antras
(Harvard University)
Global Supply Chains and Wage Inequality [Download Preview] Sustaining Production Chains Through Financial Linkages [Download Preview] Proximity and Production Fragmentation [Download Preview] Measuring the Upstreamness of Production and Trade Flows [Download Preview]
Discussants:
Esteban Rossi-Hansberg
(Princeton University)
Charles I. Jones
(Stanford University)
Kei-Mu Yi
(Federal Reserve Bank of Minneapolis)
Jonathan Vogel
(Columbia University)
Jan 08, 2012 1:00 pm, Hyatt Regency, Water Tower
American Economic Association Inattentiveness in Pricing Models and Beyond
(D8)
Presiding:
Christian Hellwig
(Toulouse School of Economics)
A "Quantized" Approach to Rational Inattention [Download Preview] Hayek vs. Keynes: Dispersed information and market prices [Download Preview] Price Adjustment in a Model with Multiple-Price Policies Optimality of Securitized Debt with Endogenous and Flexible Information Acquisition [Download Preview]
Discussants:
Mirko Wiederholt
(Northwestern University)
Filip Matejka
(CERGE-EI)
Alisdair McKay
(Boston University)
Jakub Steiner
(Northwestern University and CERGE-EI)
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbus G
American Economic Association Institutions and Geography
(Y)
Presiding:
Joachim Voth
(Universitat Pompeu Fabra)
City Seeds: Geography and the Origins of the European City System [Download Preview] The Determinants of Geographic Concentration of Industry: A Quantitative Analysis [Download Preview] Men, Women, and the Ballot: Gender Imbalances and Suffrage Extensions in US States [Download Preview] Property Rights and the First Great Divergence: Europe 1500-1800 [Download Preview] The Deterrent Effect of the Death Penalty? Evidence from British Commutations During World War I [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Gold Coast
American Economic Association Labor Market Impacts of Trade
(F1)
Presiding:
Adriana Kugler
(Georgetown University)
Trade Liberalization in the Presence of Labor Market Regulations: Evidence from Matched Employer-Employee Data in Brazil The Costs of Worker Displacement under Trade Liberalization in Colombia Trade Liberalization, Labor Reforms and Formal-Informal Employment Dynamics [Download Preview] Trade Liberalization and Labor Market Dynamics [Download Preview]
Discussants:
Petia Topalova
(International Monetary Fund)
Daniel Lederman
(World Bank)
Sebastian Galiani
(Washington University in St. Louis)
Nicholas Sly
(University of Oregon)
Jan 08, 2012 1:00 pm, Hyatt Regency, Buckingham
American Economic Association Mismatch and Structural Unemployment
(E2)
Presiding:
Thijs van Rens
(CREI and Universitat Pompeu Fabra)
Home Equity, Mobility and Macroeconomic Fluctuations [Download Preview] What Drives Matching Efficiency? A Tale of Composition and Dispersion Measuring Mismatch in the U.S. Labor Market Structural Unemployment [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Regency A
American Economic Association New Perspectives on the Great Depression
(N1)
Presiding:
Richard Sylla
(New York University)
The Great Depression and the Great Recession: What Have We Learnt? [Download Preview] Explaining High Frequency Output Fluctuations during the Great Depression [Download Preview] The French Gold Sink and the Great Deflation [Download Preview]
Discussants:
Richard Sylla
(New York University)
Hugh Rockoff
(Rutgers University)
Jason Taylor
(Central Michigan University)
Ruediger Bachmann
(University of Michigan)
Jan 08, 2012 1:00 pm, Hyatt Regency, Columbus H
American Economic Association Price-Setting and Macroeconomic Adjustment
(E6)
Presiding:
Klaus Adam
(University of Mannheim)
Non-constant Hazard Function and Inflation Dynamics [Download Preview] Public's Inflation Expectations and Monetary Policy [Download Preview] Reference Prices and Costs in the Cross-Section: Evidence from Chile [Download Preview] State-Dependent Pricing and Optimal Monetary Policy [Download Preview] Estimating Strategic Complementarity in a State-Dependent Pricing Model [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Hong Kong
American Economic Association Tax Incidence
(H2)
Presiding:
Jennifer Gravelle
(Congressional Budget Office)
Optimal Taxation with Rent-Seeking Capital Gains Taxes and the Cost of Capital: Estimation Based on Natural Experiments That Transfer Tax Bases Across Countries [Download Preview] Measuring the Burden of the Corporate Income Tax under Imperfect Competition [Download Preview] Sharing the Burden: Empirical Evidence on Corporate Tax Incidence [Download Preview] A New Approach to Estimate the Incidence of the Corporate Income Tax [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Regency D
American Economic Association The Economics of Infectious Disease
(I1)
Presiding:
Tomas Philipson
(University of Chicago)
The Optimal Control of Infectious Diseases via Prevention and Treatment [Download Preview] Disinhibition and Immiserization in a Model of Susceptible-Infected-Susceptible (SIS) Diseases [Download Preview] Equilibrium and Efficiency in a Model of Public Avoidance during Epidemics A Quantitative Theory of HIV Diffusion [Download Preview]
Jan 08, 2012 1:00 pm, Hyatt Regency, Regency C
American Economic Association The Economics of Managers and Management
(J4)
Presiding:
John Van Reenen
(London School of Economics)
The Value of Bosses Management practices across firms and countries [Download Preview] Muddles and Models of Management: Sorting Out the Puzzle of Firm Heterogeneity [Download Preview] The Importance of Being Nice: Supervisory Skills Training in the Cambodian Garment Industry
Discussants:
John Abowd
(Cornell University)
Marianne Bertrand
(University of Chicago)
Luis Garicano
(London School of economics)
John Roberts
(Stanford University)
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