AEAweb: AEA 2013 Annual Meeting Papers


Jan 04, 2013

Jan 04, 2013 8:00 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Behavioral Approaches to Adoption of Green Technologies (Q4)
Presiding: Gary Charness (University of California-Santa Barbara)
A Generalized Impure Public Good and Linear Characteristics Model of Green Consumption
Matthew Kotchen (Yale University and NBER)
Nathan W. Chan (Yale University)
[Download Preview]
The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation
Hunt Allcott (New York University and NBER)
Todd Rogers (Harvard University)
[Download Preview]
Goal Setting and Energy Efficiency
Matthew Harding (Stanford University)
Alice Hsiaw (College of the Holy Cross)
[Download Preview]
Public Goods Provision in the Presence of Heterogeneous Green Preferences
Mark Jacobsen (University of California-San Diego and NBER)
Jacob LaRiviere (University of Tennessee)
Michael Price (Georgia State University and NBER)
[Download Preview]
Discussants:
Andreas Lange (University of Hamburg)
James Andreoni (University of California-San Diego and NBER)
Lucas Davis (University of California-Berkeley and NBER)
Charles Sprenger (Stanford University)
Jan 04, 2013 8:00 am, Hyatt, Edward A
American Economic Association
College Access, College Choice, and College Success (I2)
Presiding: Trey Miller (RAND Corporation)
Percent Plans, Automatic Admissions, and College Attainment
Isaac McFarlin (University of Michigan)
Paco Martorell (RAND Corporation)
Lindsay Daugherty (RAND Corporation)
[Download Preview]
The Consumption Value of Education: Implications for the Postsecondary Market
Kevin Stange (University of Michigan)
Brian McCall (University of Michigan)
Brian Jacob (University of Michigan)
[Download Preview]
IMPROVING THE TARGETING OF TREATMENT: EVIDENCE FROM COLLEGE REMEDIATION
Judith Scott-Clayton (Columbia University)
[Download Preview]
Integrity versus Access? The Effect of Financial Aid Availability on Postsecondary Enrollment
Rajeev Darolia (University of Missouri)
[Download Preview]
Discussants:
Rodney Andrews (University of Texas-Dallas)
Susan Dynarski (University of Michigan)
Gordon B. Dahl (University of California-San Diego)
Jan 04, 2013 8:00 am, Hyatt, Gregory A & B
American Economic Association
Consequences of Health Reform for Private Markets: Evidence from Public Sector Regulations (I1)
Presiding: Joseph Doyle (Massachusetts Institute of Technology)
Competition and Private Provision in Medicare Advantage
Mark Duggan (University of Pennsylvania)
Boris Vabson (University of Pennsylvania)
Amanda Starc (University of Pennsylvania)
Regulatory Redistribution in the Market for Health Insurance
Jeffrey Clemens (Stanford Institute for Economic Policy Research)
[Download Preview]
Private Coverage and Public Costs: The Effect of Private Supplemental Insurance on Medicare Spending
Marika Cabral (University of Texas-Austin)
Neale Mahoney (Harvard University)
[Download Preview]
Cost-Shifting or Cost-Following: How Does Medicare Affect Private Physician Pricing?
Jeffrey Clemens (Stanford Institute for Economic Policy Research)
Joshua D. Gottlieb (University of British Columbia)
Discussants:
David Molitor (Massachusetts Institute of Technology)
Thomas Buchmueller (University of Michigan)
Marit Rehavi (University of British Columbia)
Michael Dickstein (Cowles Foundation at Yale University)
Jan 04, 2013 8:00 am, Hyatt, Emma A & B
American Economic Association
Contraception and Abortion (J1)
Presiding: Martha Bailey (University of Michigan)
How Powerful Was the Pill? Quantifying a Contraceptive Technology Shock
Kelly Ragan (Stockholm School of Economics)
Consequences of Withdrawal: Free Condoms and Birth Rates in the Philippines
J.M. Ian Salas (University of California-Irvine)
[Download Preview]
The Impact of Legal Abortion on the Wage Distribution: Evidence from the 1970 New York Abortion Reform
Dana Rotz (Mathematica Policy Research)
The Impact of Legalized Abortion on Early Childbearing in the Next Generation
Yuxiu Zhang (Yale University)
Children of the Pill: The Effect of Subsidizing Oral Contraceptives on Children's Health and Wellbeing
Andreas Madestam (Stockholm University)
Emilia Simeonova (Tufts University)
[Download Preview]
Jan 04, 2013 8:00 am, Hyatt, Manchester A
American Economic Association
Financial Literacy and Content Standards in the Schools (A2) (Panel Discussion)
Panel Moderator: B. Douglas Bernheim (Stanford University and National Bureau of Economic Research)
Annamaria Lusardi (George Washington University)
Brigitte C. Madrian (Harvard University)
John J. Siegfried (Vanderbilt University)
William B. Walstad (University of Nebraska-Lincoln)
Jan 04, 2013 8:00 am, Hyatt, Elizabeth Ballroom F
American Economic Association
Financial Networks (G1)
Presiding: Ethan Cohen-Cole (University of Maryland)
Financial Networks and Contagions
Matthew Elliott (Microsoft Research and CalTech)
Benjamin Golub (Harvard University)
Matthew O. Jackson (Stanford University)
[Download Preview]
Systemic Risk and Stability in Financial Networks
Daron Acemoglu (Massachusetts Institute of Technology)
Asuman Ozdaglar (Massachusetts Institute of Technology)
Alireza Tahbaz-Salehi (Massachusetts Institute of Technology)
Endogenous Intermediation in Over-the-Counter Markets
Ana Babus (Imperial College London)
[Download Preview]
Systemic Risk and Network Formation in the Interbank Market
Ethan Cohen-Cole (University of Maryland)
Eleonora Patacchini (La Sapienza University of Rome)
Yves Zenou (Stockholm University)
[Download Preview]
Discussants:
Matthew O. Jackson (Stanford University)
Daron Acemoglu (Massachusetts Institute of Technology)
Ethan Cohen-Cole (University of Maryland)
Jan 04, 2013 8:00 am, Hyatt, Edward B
American Economic Association
Gender in Corporate Leadership (J4)
Presiding: Amalia Miller (University of Virginia)
From Female Labor Force Participation to Boardroom Gender Diversity
Renee Adams (University of New South Wales)
Tom Kirchmaier (University of Manchester and FMG)
[Download Preview]
When Performance Trumps Gender Bias
Iris Bohnet (Harvard University)
Alexandra van Geen (Harvard University)
Max Bazerman (Harvard University)
When All Are Aboard: Does the Gender of Directors Matter?
Miriam Schwartz-Ziv (Harvard University)
[Download Preview]
Fatherhood and Managerial Style: How a Male CEO’s Children Affect the Wages of His Employees
Michael S. Dahl (Aalborg University)
Cristian Dezso (University of Maryland)
David Ross (Columbia University)
[Download Preview]
Discussants:
David Matsa (Northwestern University)
Lise Vesterlund (University of Pittsburg)
Justin Wolfers (University of Michigan)
Amalia Miller (University of Virginia)
Jan 04, 2013 8:00 am, Hyatt, Cunningham A & B
American Economic Association
Getting Ahead (J1)
Presiding: Wendy Stock (Montana State University)
Gender and Connections Among Wall Street Analysts
Lily Fang (INSEAD)
Sterling Huang (INSEAD)
[Download Preview]
Job Referral Networks and the Determination of Earnings in Local Labor Markets
Ian Schmutte (University of Georgia)
[Download Preview]
Are appearances deceiving? The nature and evolution of the beauty premium
Tatyana Deryugina (University of Illinois, Urbana-Champaign)
Olga Shurchkov (Wellesley College)
[Download Preview]
Does Beauty Matter in Undergraduate Education?
Tatyana Deryugina (University of Illinois-Urbana-Champaign)
Olga Shurchkov (Wellesley College)
[Download Preview]
The Role of Connections in Academic Promotions
Manuel Bagues (Universidad Carlos III de Madrid)
Zinovyeva Natalia (Spanish Research Council (CSIC))
[Download Preview]
Jan 04, 2013 8:00 am, Hyatt, Randle A
American Economic Association
High Skill Immigration in the U.S (J2)
Presiding: Sarah Turner (University of Virginia)
Attracting Talent: Location Choices of Foreign-Born PhDs in the US
Jeffrey Grogger (University of Chicago)
Gordon H. Hanson (University of California-San Diego)
Immigration and Employer Transitions for STEM Workers
Sari Pekkala Kerr (Wellesley College)
William R. Kerr (Harvard Business School)
[Download Preview]
Why Do High-Tech Workers Earn More in Houston Than Hyderabad? Evidence from Randomly Allocated U.S. Visas
Michael Clemens (Center for Global Development)
[Download Preview]
Pathways to Adjustment in Science and Engineering Labor Markets
John Bound (University of Michigan)
Sarah E. Turner (University of Virginia)
Discussants:
Giovanni Peri (University of California-Davis)
Paul Oyer (Stanford University)
Jan 04, 2013 8:00 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Housing Bubbles: Theory and Evidence (G1)
Presiding: Kevin Lansing (Federal Reserve Bank of San Francisco and Norges Bank)
Metropolitan Home Price Dynamics Untied from Observable Fundamentals and Their Linkages
Roland Füss (University of St. Gallen and Center for European Economic Research)
Bing Zhu (University of Regensburg)
Joachim Zietz (Middle Tennessee State University and European Business School)
[Download Preview]
House Price Dynamics: Fundamentals and Expectations
Eleonora Granziera (Bank of Canada)
Sharon Kozicki (Bank of Canada)
[Download Preview]
House Prices, Expectations, and Time-Varying Fundamentals
Paolo Gelain (Norges Bank)
Kevin J. Lansing (Federal Reserve Bank of San Francisco and Norges Bank)
[Download Preview]
What Makes Residential Different from Non-Residential REITs? Evidence from Multi-Factor Asset Pricing Models
Daniele Bianchi (Bocconi University)
Massimo Guidolin (Bocconi University)
Francesco Ravazzolo (Norges Bank and BI Norwegian Business School)
[Download Preview]
Discussants:
Loriana Pelizzon (University of Venice and Massachusetts Institute of Technology)
Berrak Bahadir (University of Georgia)
Tassos Malliaris (Loyola University Chicago)
Roland Fuss (University of St. Gallen and Center for European Economic Research)
Jan 04, 2013 8:00 am, Hyatt, Del Mar A & B
American Economic Association
International Trade and Investment (F1)
Presiding: Keith Maskus (University of Colorado)
The Role of MNEs' Financial Advantage in Shaping FDI: Empirical Evidence on Some Paradoxical Implications
Rodolphe Desbordes (University of Strathclyde)
Shang-Jin Wei (Columbia University)
Domestic Value Added in Chinese Exports: Firm-level Evidence
Hiau Looi Kee (World Bank)
Heiwai Tang (Tufts University and Johns Hopkins University)
[Download Preview]
Skill Premium and Trade Puzzles: A Solution Linking Production Factors and Demand
Thibault Fally (University of Colorado-Boulder)
Justin Caron (ETH Zurich)
James Markusen (University of Colorado-Boulder)
[Download Preview]
Selection Effects with Heterogeneous Firms
J. Peter Neary (University of Oxford)
Monika Mrazova (University of Surrey)
[Download Preview]
Cross-Border Price Effects of Mergers and Acquisitions: A Quantitative Framework for Competition Policy
Holger Breinlich (University of Essex)
Volker Nocke (University of Mannheim)
Nicolas Schutz (University of Mannheim)
[Download Preview]
Jan 04, 2013 8:00 am, Hyatt, Manchester F
American Economic Association
Issues in Teacher Pensions (I2)
Presiding: Maria Fitzpatrick (Cornell University)
Pension-Induced Rigidities in the Labor Market for School Leaders
Michael Podgursky (University of Missouri)
Cory Koedel (University of Missouri)
Jason Grissom (Vanderbilt University)
Shawn Ni (University of Missouri)
Retaining a High Quality Teaching Workforce: The Effects of Pension Design
Patten Mahler (University of Virginia)
[Download Preview]
Out with the Old: The Effect of Teacher Retirements on Student Outcomes
Kristine Brown (University of Illinois)
How Does Teacher Retirement Affect Student Achievement?
Maria Fitzpatrick (Cornell University)
Michael Lovenheim (Cornell University)
[Download Preview]
Discussants:
Maria Fitzpatrick (Cornell University)
Cory Koedel (University of Missouri)
Jan 04, 2013 8:00 am, Hyatt, Edward C
American Economic Association
Novel Approaches for Estimating the Value of a Statistical Life (J1)
Presiding: Laura Taylor (North Carolina State University)
Randomized Safety Inspections and Risk Exposure on the Job: Quasi-experimental Estimates of the Value of a Statistical Life
Jonathan Lee (East Carolina University)
Laura Taylor (North Carolina State University)
The Value of a Statistical Life: Evidence from Military Retention Incentives and Occupation-Specific Mortality Hazards
Stephen Ryan (Massachusetts Institute of Technology)
Michael Yankovich (Massachusetts Institute of Technology)
Michael Greenstone (Massachusetts Institute of Technology)
New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-experiment
Chris Rohlfs (Syracuse University)
Ryan Sullivan (Naval Postgraduate School)
Thomas Kniesner (Syracuse University)
[Download Preview]
Transportation Choices, Fatalism and the Value of Life in Africa
Gianmarco Leon (University of California-Berkeley)
Edward Miguel (University of California-Berkeley)
Discussants:
Michael Anderson (University of California-Berkeley)
Nicolai V. Kuminoff (Arizona State University)
Hendrik Wolff (University of Washington)
Raymond Guiteras (University of Maryland)
Jan 04, 2013 8:00 am, Hyatt, Ford A
American Economic Association
Political Economy- India (H1)
Presiding: Karthik Muralidharan (University of California-San Diego)
Economic Rents, Political Competition, and Political Selection
Rikhil Bhavnani (University of Wisconsin-Madison)
Sandip Sukhtankar (Dartmouth College)
Who Has Voice in a Deliberative Democracy? Evidence from Transcripts of Village Parliaments in South India
Saumitra Jha (Stanford University)
Vijayendra Rao (World Bank)
Radu ban (London School of Economics)
[Download Preview]
Institutions and Literacy in the Princely States
Latika Chaudhary (Scipps College)
Jared Rubin (Chapman University)
Political Identity, Religion and Public Health Delivery in India
Sonia Bhalotra (University of Bristol)
Irma Clots-Figueras (Universidad Carlos III Madrid)
Lakshmi Iyer (Harvard Business School)
Guilhem Cassan (University of Namur)
Discussants:
Saumitra Jha (Stanford University)
Jared Rubin (Chapman University)
Sandip Sukhtankar (Dartmouth College)
Ugo Troiano (Harvard University)
Jan 04, 2013 8:00 am, Hyatt, Ford B
American Economic Association
Social Mobility over Many Generations (N3)
Presiding: Marianne Page (University of California-Davis)
What is the True Rate of Social Mobility? Evidence from the Information Content of Surnames
Gregory Clark (University of California-Davis)
[Download Preview]
Long-run Intergenerational Social Mobility and the Distribution of Surnames
Ignacio Ortuno-Ortín (Universidad Carlos III de Madrid)
M Dolores Collado (Universidad de Alicante)
Andrés Romeu (Universidad de Murcia)
[Download Preview]
On the Road to Heaven: Self-Selection, Religion, and Socioeconomic Outcomes
Mohamed Saleh (Toulouse School of Economics)
[Download Preview]
Grandfathers Matter(ed): Occupational Mobility Across Three Generations in the U.S. and Britain, 1850-1910
Jason Long (Wheaton College)
[Download Preview]
Theoretical Models of Inequality Transmission across Multiple Generations
Gary Solon (Michigan State University)
[Download Preview]
Discussants:
Marianne E. Page (University of California-Davis)
Nathan Nunn (Harvard University)
Nico Voigtlaender (University of California-Los Angeles)
Steven N. Durlauf (University of Wisconsin-Madison)
Gary Solon (Michigan State University)
Jan 04, 2013 8:00 am, Hyatt, Molly A & B
American Economic Association
The Market for Medicines in Developing Countries (O1)
Presiding: David Yanagizawa-Drott (Harvard University)
Can Good Products Drive Out Bad? Experimental Evidence from Local Markets for Antimalarial Medicine in Uganda
David Yanagizawa-Drott (Harvard University)
Martina Bjorkman Nyqvist (Stockholm School of Economics)
Jakob Svensson (Stockholm University)
Drug Quality and the Development of Private Retail Pharmacy Markets
Wesley Yin (Boston University)
Dan Bennett (University of Chicago)
Monopolistic Competition, Technology Adoption and Market Power: Evidence from Randomized Controlled Trial in Uganda
Jessica Cohen (Harvard University)
Gunther Fink (Harvard University)
William Dickens (Northeastern University)
Subsidized ACTs and RDTs through the Zambian Private Sector: Impacts on Provider and Consumer Behavior
Jed Friedman (World Bank)
Discussants:
Jakob Svensson (Stockholm University)
Jessica Cohen (Harvard University)
Wesley Yin (Boston University)
Jed Friedman (World Bank)
Jan 04, 2013 8:00 am, Hyatt, Elizabeth Ballroom A
American Economic Association
The Organizational Economics of Multinational Firms (F2)
Presiding: Maria Guadalupe (INSEAD)
Do Multinationals Transplant their Business Model?
Dalia Marin (University of Munich)
Thierry Verdier (Paris School of Economics)
Linda Rousova (University of Munich)
Horizontal vs. Vertical FDI: Revisiting Evidence from U.S. Multinationals
Natalia Ramondo (Arizona State University)
Veronica Rappoport (Columbia University)
Kim Ruhl (New York University)
The Span of Control and the International Expansion Strategies of Multiproduct Firms
Stephen Ross Yeaple (Pennsylvania State University)
The Perfect Match: Assortative Matching in International Acquisitions and the Source of Multinational Advantage
Maria Guadalupe (INSEAD)
Catherine Thomas (Columbia University)
Veronica Rappoport (Columbia University)
Discussants:
Laura Alfaro (Harvard Business School)
Paolo Conconi (ECARES, Université Libre de Bruxelles)
Stephen Redding (Princeton University)
Natalia Romondo (Arizona State University)
Jan 04, 2013 8:00 am, Hyatt, Madeleine A
American Economic Association
The Political Economy of Mass Media (H8)
Presiding: Ruben Enikolopov (New Economic School)
The "Berlusconi Effect": An Empirical Investigation on the Long-Term Impact of Commercial Television on Political Change in Italy
Ruben Durante (Sciences Po)
Paolo Pinotti (Bocconi University)
Andrea Tesei (Queen Mary, University of London)
From Public Influence to Private Return: Evidence from the Italian Advertising Market
Ruben Durante (Sciences Po)
Stefano DellaVigna (University of California-Berkeley)
Brian Knight (Brown University)
Eliana La Ferrara (Bocconi University)
Media Effects in Nazi Germany
Maja Adena (Freie University of Berlin)
Ruben Enikolopov (New Economic School)
Maria Petrova (New Economic School)
Veronica Santarosa (University of Michigan)
Ekaterina Zhuravskaya (Paris School of Economics)
Determinants of Media Capture in China
Ben Qin (IIES, Stockholm University)
Yanhui Wu (University of Southern California)
David Stromberg (IIES, Stockholm University)
[Download Preview]
Discussants:
Ruben Durante (Sciences Po)
Ruben Enikolopov (New Economic School)
Stefano DellaVIgna (University of California-Berkeley)
Maria Petrova (New Economic School)
Jan 04, 2013 8:00 am, Hyatt, Manchester E
American Economic Association
What Nonparametric Methods Teach Us about Linear Methods for Models with Endogeneity (C1)
Presiding: Rosa Matzkin (University of California-Los Angeles)
Instrument Variable Estimation of Nonparametric Models
Whitney K. Newey (Massachusetts Institute of Technology)
[Download Preview]
What Instrumental Variable Models Deliver with Discrete Dependent Variables
Andrew Chesher (University College London)
Adam M. Rosen (University College London)
Control Functions and Simultaneous Equations Methods
Richard Blundell (University College London)
Dennis Kristensen (University College London)
Rosa Matzkin (University of California-Los Angeles)
Discussants:
Adam M. Rosen (University College London)
Amit Gandhi (University of Wisconsin-Madison)
Geert Ridder (University of Southern California)
Jan 04, 2013 8:00 am, Hyatt, Randle B
Korea-America Economic Association/American Economic Association
Capital Flows, Financial Stability and Macroprudential Policies (E2)
Presiding: Hyun Shin (Princeton University)
Macro-Prudential Policies: Lessons for and from Emerging Markets
Amar Bhattacharya (G24 Secretariat)
Stijn Claessens (International Monetary Fund)
Swati Ghosh (World Bank)
Capital Controls in Brazil: Effective? Efficient?
Marcos Chamon (International Monetary Fund)
Márcio Garcia (PUC, Brazil)
The New Economics of Prudential Capital Controls
Anton Korinek (University of Maryland)
Mitigating Systemic Spillovers from Currency Hedging
Kyuil Chung (Bank of Korea)
Hail Park (Bank of Korea)
Hyun Song Shin (Princeton University)
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom A
American Economic Association
Advances in Behavioral Economics (D0)
Presiding: Nicholas Barberis (Yale University)
Applications of Probability Weighting in Finance and Economics
Nicholas Barberis (Yale University)
[Download Preview]
Integrating Psychology into Normal-Science Economics
Matthew Rabin (University of California-Berkeley)
Salience and Asset Prices
Pedro Bordalo (University of London)
Nicola Gennaioli (Universitat Pompeu Fabra)
Andrei Shleifer (Harvard University)
[Download Preview]
Discussants:
Colin Camerer (California Institute of Technology)
David I. Laibson (Harvard University)
Jan 04, 2013 10:15 am, Hyatt, Manchester B & C
American Economic Association
Central Bank Independence: Reality or Myth? (E5)
Presiding: Thomas Cargill (University of Nevada-Reno)
Measuring Central Bank Independence, Policy Implications, and Federal Reserve Independence
Thomas F. Cargill (University of Nevada-Reno)
Gerald O'Driscoll (Cato Institute)
[Download Preview]
Historical Perspective of Federal Reserve Independence
Allan H. Meltzer (Carnegie Mellon University and Hoover Institution)
[Download Preview]
The Effectiveness of Central Bank Independence Versus Policy Rules
John B. Taylor (Stanford University and Hoover Institution)
[Download Preview]
Central Bank Laws and Monetary Policy Outcomes: A Three Decade Perspective
Michael Parkin (University of Western Ontario)
[Download Preview]
Discussants:
Robert Hetzel (Federal Reserve Bank of Richmond)
Peter Wallison (American Enterprise Institute)
Carl Walsh (University of California-Santa Cruz)
Lawrence H. White (George Mason University)
Jan 04, 2013 10:15 am, Hyatt, Manchester E
American Economic Association
Child Health in Developing Countries (I1)
Presiding: Angus Deaton (Princeton University)
Long-Term Effect of In Utero Exposure to Land Reform on Academic Performance in China
Douglas Almond (Columbia University)
Hongbin Li (Tsinghua University)
Binzhen Wu (Tsinghua University)
Shuang Zhang (Cornell University)
[Download Preview]
Cognitive Development, Achievement, and Parental Investments:Evidence from a Clean Water Reform in Mexico
Sonia Bhalotra (University of Bristol)
Atheendar S. Venkataramani (Massachusetts General Hospital)
[Download Preview]
Religion and Health in Early Childhood: Evidence from the Indian Subcontinent
Elizabeth Brainerd (Brandeis University)
Nidhiya Menon (Brandeis University)
High-Powered Incentives for Childhood Anemia Reduction in Rural China
Grant Miller (Stanford University)
Discussants:
Albert Park (Hong Kong University of Science and Technology)
T. Paul Schultz (Yale University)
Andrew Foster (Brown University)
Chih Ming Tan (Clark University)
Jan 04, 2013 10:15 am, Hyatt, Ford A
American Economic Association
CSMGEP Dissertation Session
Presiding: Fernando Lozano (Pomona College)
The Treatment Effects of Pensions on the Labor Supply of Older Workers
Enrique Lopez Lira (Howard University)
[Download Preview]
Transferability of Skills, Income Growth and Labor Market Outcomes of Recent Immigrants in the United States
Karla J. Diaz Hadzisadikovic (Columbia University)
[Download Preview]
How Do Money Market Conditions Affect Shadow Banking Activity? Evidence from Security Repurchase Agreements
Karl David Boulware (University of Alabama)
[Download Preview]
Do Geographic Deregulations of Banking Affect Product Markets? Evidence from Manufacturers
Joel Melendez (University of Houston)
Estimating the Incidence of Government Spending
Juan Carlos Suarez Serrato (University of California-Berkeley)
[Download Preview]
Is There a Stepping Stone Effect in Drug Use? Separating State Dependence from Unobserved Heterogeneity within and across Illicit Drugs
Monica Deza (University of Texas at Dallas)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Emma A & B
American Economic Association
Economic Development (O1)
Presiding: Isleide Zissimos (Vanderbilt University)
Is Agricultural Training a Good Investment in Developing Countries? Evidence from a Randomized Controlled Trial in Armenia
Kenneth Fortson (Mathematica Policy Research)
Randall Blair (Mathematica Policy Research)
Anu Rangarajan (Mathematica Policy Research)
Joanne Lee (Mathematica Policy Research)
Valentine Gilbert (Mathematica Policy Research)
[Download Preview]
de Soto vs. Yunus: Microfinance, Property Rights, and Development Policy
M. Shahe Emran (Columbia University)
Forhad Shilpi (World Bank)
Joseph E. Stiglitz (Columbia University)
Health, Height, Height Shrinkage and SES at Older Ages: Evidence from China
John Strauss (University of Southern California)
Wei Huang (Harvard University)
Xiaoyan Lei (Peking University)
Geert Ridder (University of Southern California)
Yaohui Zhao (Peking University)
[Download Preview]
Barriers to Prosperity: Parasitic Diseases, IQ and Economic Development
Jakob B. Madsen (Monash University)
Aid Under Fire: Development Projects and Civil Conflict
Benjamin Crost (University of Colorado-Denver)
Patrick Johnston (RAND Corporation)
Joseph Felter (Stanford University)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Effects of Fiscal Policy in Deep Recessions: Simple and Hopefully Credible Empirical Evidence (H3)
Presiding: Bruce Sacerdote (Dartmouth College)
Growth Forecast Errors and Fiscal Multipliers
Olivier Blanchard (International Monetary Fund)
Daniel Leigh (International Monetary Fund)
Using State Level Pension Shocks to Estimate Fiscal Multipliers
Daniel Shoag (Harvard University)
[Download Preview]
ARRA Spending, Job Growth and Fiscal Integration
James Feyrer (Dartmouth College)
Bruce Sacerdote (Dartmouth College)
Are Government Spending Multipliers Greater during Periods of Slack? Evidence from 20th Century Historical Data
Michael T. Owyang (Federal Reserve Bank of St. Louis)
Valerie A. Ramey (University of California-San Diego)
Sarah Zubairy (Bank of Canada)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Manchester D
American Economic Association
Finance (G1) (Poster Session)
Presiding: Caleb Stroup (Grinnell College)
Trader Twitter Chatter and Corn Futures Price Volatility
Mindy Mallory (University of Illinois-Urbana-Champaign)
Sung Won Kim (University of Oklahoma)
Deposit Insurance Reduced Depositor Monitoring: Quasi-Experimental Estimates from the Creation of the Federal Deposit Insurance Corporation
Gary Richardson (University of California-Irvine)
Haelim Park (University of California-Irvine)
Brian Yang (University of California-Irvine)
The Board of Directors in Hedge Fund Governance
Peter G. Szilagyi (University of Cambridge)
Chong Wei Wong (University of Cambridge)
[Download Preview]
Do Humans Perceive Temporal Order in Asset Returns?
Jasmina Hasanhodzic (Boston University)
Andrew W. Lo (Massachusetts Institute of Technology)
Emanuele Viola (Northeastern University)
Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility
Alberta Di Giuli (ESCP Europe)
Leonard Kostovetsky (University of Rochester)
[Download Preview]
The Roles of Corporate Governance in Bank Failures during the Recent Financial Crisis
Allen N. Berger (University of South Carolina)
Bjorn Imbierowicz (New York University)
Christian Rauch (Goethe University Frankfurt)
[Download Preview]
High Frequency Trading and End-of-Day Manipulation
Douglas Cumming (York University)
Feng Zhan (York University)
Michael Aitken (University of New South Wales)
[Download Preview]
Political Connections and Firm Value: Evidence from Close Gubernatorial Elections
Quoc-Anh Do (Singapore Management University)
Yen-Teik Lee (Singapore Management University)
Bang Dang Nguyen (University of Cambridge)
[Download Preview]
Competing on Speed
Emiliano Pagnotta (New York University)
Thomas Philippon (New York University)
[Download Preview]
Do Lending Relationships Affect Corporate Financial Policies?
Hadiye Aslan (University of Houston)
Does Macro-Pru Leak? Evidence from a UK Policy Experiment
Shekhar Aiyar (International Monetary Fund)
Charles Calomiris (Columbia Business School)
Tomasz Wieladek (London Business School)
[Download Preview]
Pension Fund Asset Allocation and Liability Discount Rates: Camouflage and Reckless Risk Taking by U.S. Public Plans?
Aleksandar Andonov (Maastricht University)
Rob Bauer (Maastricht University)
Martijn Cremers (Yale University)
[Download Preview]
Liquidity Shocks, Dollar Funding Costs, and the Bank Lending Channel during the European Sovereign Crisis
Ricardo Correa (Federal Reserve Board)
Horacio Sapriza (Federal Reserve Board)
Andrei Zlate (Federal Reserve Board)
[Download Preview]
Bank Lending Channels During the Great Recession
Viktors Stebunovs (Federal Reserve Board)
Samuel Haltenhof (Federal Reserve Board)
Seung J. Lee (Federal Reserve Board)
[Download Preview]
How Do Frictions Affect Corporate Investment? A Structural Approach
Maria Cecilia Bustamante (London School of Economics)
CISS - A Portfolio-Theoretic Framework for the Construction of Composite Financial Stress Indices
Manfred Kremer (European Central Bank)
Marco Lo Duca (European Central Bank)
Daniel Hollo (Magyar Nemzeti Bank)
[Download Preview]
Beyond Q: Estimating Investment without Asset Prices
Joao Gomes (University of Pennsylvania)
Vito Gala (London Business School)
[Download Preview]
How Important are Foreign Ownership Linkages for International Stock Returns?
John Griffin (University of Texas-Austin)
David Ng (Cornell University)
Sohnke Bartram (Warwick University)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Gregory A & B
American Economic Association
Financial Intermediation and Financial Crisis (E5)
Presiding: Jianjun Miao (Boston University)
Capital Regulation and Credit Fluctuations
Hans Gersbachy (Center of Economic Research at ETH)
Jean-Charles Rochet (University of Zurich, SFI and Toulouse School of Economics)
[Download Preview]
Banking Bubbles and Financial Crisis
Jianjun Miao (Boston University)
Pengfei Wang (Hong Kong University of Science and Technology)
Demand Creates its Own Supply
Christophe Chamley (Boston University)
[Download Preview]
The Lehman Shock and the Dynamics of the Crisis
Gary Gorton (Yale University)
Andrew Metrick (Yale University)
Lei Xie (Yale University)
[Download Preview]
Discussants:
Anton Korinek (University of Maryland)
Zhiguo He (University of Chicago)
John Leahy (New York University)
Simon Gilchrist (Boston University)
Jan 04, 2013 10:15 am, Hyatt, Manchester A
American Economic Association
Firms, Innovation and Productivity (O4)
Presiding: Chad Syverson (University of Chicago)
Private Equity, Jobs and Productivity
Steven J. Davis (University of Chicago)
John Haltiwanger (University of Maryland)
Kyle Handley (Stanford University)
Ron Jarmin (Census Bureau)
Joshua Lerner (Harvard University)
Javier Miranda (Census Bureau)
[Download Preview]
Does Working From Home Work? Evidence From a Chinese Experiment
Nicholas A. Bloom (Stanford University)
James Liang (Ctrip.com International Ltd)
Joh Roberts (Stanford University)
Zhichun Jenny Ying (Stanford University)
[Download Preview]
Ownership Turnover, Management Change and Productivity: Evidence from the Japanese Cotton Spinning Industry
Serguey Braguinsky (Carnegie Mellon University)
Atsushi Ohyama (Hokkaido University)
Tetsuji Okazaki (University of Tokyo)
Chad Syverson (University of Chicago)
[Download Preview]
Healthcare Exceptionalism? Productivity and Allocation in the U.S. Healthcare Sector
Amitabh Chandra (Harvard University)
Amy Finkelstein (Massachusetts Institute of Technology)
Adam Sacarny (Massachusetts Institute of Technology)
Chad Syverson (University of Chicago)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Edward A
American Economic Association
Global Production Chains (F1)
Presiding: Kalina Manova (Stanford University)
Technology, Trade Costs, and the Pattern of Trade with Multi-Stage Production
Robert Johnson (Dartmouth College)
Andreas Moxnes (Dartmouth College)
[Download Preview]
Firms along the Value-Added Chain: Processing Trade in China
Kalina Manova (Stanford University)
Zhihong Yu (Nottingham University)
[Download Preview]
Do Prices Determine Vertical Integration? Evidence from Trade Policy
Laura Alfaro (Harvard Business School)
Paola Conconi (Universite Libre de Bruxelles)
Harald Hadinger (University of Vienna)
Andrew Newman (Boston University)
[Download Preview]
Global Value Chains During the Great Trade Collapse: A Bullwhip Effect?
Carlo Altomonte (Bocconi University)
Filippo Di Mauro (European Central Bank)
Gianmarco Ottaviano (London School of Economics)
Armando Rungi (Bocconi University)
Vincent Vicard (Banque de France)
[Download Preview]
Discussants:
Thibault Fally (University of Colorado-Boulder)
Robert Feenstra (University of California-Davis)
Davin Chor (Singapore Management University)
George Alessandria (Federal Reserve Bank of Philadelphia)
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom F
American Economic Association
How to Promote Jobs for Development? The World Bank World Development Report 2013 (O2) (Panel Discussion)
Panel Moderator: Anne Case (Princeton University)
Richard Freeman (Harvard University)
Adriana Kugler (Georgetown University)
Stefano Scarpetta (OECD)
Martin Rama (World Bank)
Klaus F. Zimmermann (IZA and Bonn University)
Jan 04, 2013 10:15 am, Hyatt, Del Mar A & B
American Economic Association
Macroeconomic Aspects of Taxation Policy (E6)
Presiding: P.J. Glandon (Kenyon College)
Deficits, Public Debt Dynamics, and Tax and Spending Multipliers
Gauti Eggertsson (Federal Reserve Bank of New York)
Identifying the Effect of Government Spending: Evidence from Political Variations in Federal Grants
Yaniv Reingewertz (George Washington University)
Macroeconomic Effects of Progressive Taxation
Tae-hwan Rhee (Samsung Economic Research Institute)
[Download Preview]
How is Tax Policy Conducted over the Business Cycle?
Guillermo Vuletin (Colby College)
Carlos Vegh (University of Maryland and NBER)
[Download Preview]
Marriage Stability, Taxation and Aggregate Labor Supply in the US vs. Europe
Hans Aasnes Holter (Uppsala University)
Indraneel Chakraborty (Southern Methodist University)
Serhiy Stepanchuk (Magyar Nemzeti Bank)
[Download Preview]
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom B
American Economic Association
Neighborhood Effects and Place-Based Policies (R2)
Presiding: Lawrence Katz (Harvard University)
The Long-Term Impacts of Moving to Opportunity
Jens Ludwig (University of Chicago and NBER)
Lisa Sanbonmatsu (NBER)
Greg Duncan (University of California-Irvine)
Lisa Gennetian (Brookings Institution)
Lawrence Katz (Harvard University)
Ronald C. Kessler (Harvard Medical School)
Jeffrey Kling (Congressional Budget Office and NBER)
[Download Preview]
Neighborhoods vs. Schools
Roland G. Fryer, Jr. (Harvard Unviersity and NBER)
Lawrence Katz (Harvard University and NBER)
Place Based Policies and Unemployment
Enrico Moretti (University of California-Berkeley and NBER)
Patrick Kline (University of California-Berkeley and NBER)
[Download Preview]
Discussants:
Janet Currie (Princeton University)
Greg Duncan (University of California-Irvine)
Matthew Kahn (University of California-Los Angeles)
Jan 04, 2013 10:15 am, Hyatt, Manchester G
American Economic Association
New Perspectives on Optimal Income Taxation (H2)
Presiding: Emmanuel Farhi (Harvard University)
Taxation and the Allocation of Talent
Eric Glen Weyl (University of Chicago)
Charles Nathanson (Harvard University)
Benjamin Lockwood (Harvard University)
[Download Preview]
The Promise of Positive Optimal Taxation: A Generalized Theory Calibrated to Survey Evidence on Normative Preferences Explains Puzzling Features of Policy
Matthew C. Weinzierl (Harvard Business School)
[Download Preview]
Fair Income Tax with Endogenous Productivities
Marc Fleurbaey (Princeton University)
Giacomo Valletta (Center for Operations Research and Econometrics)
[Download Preview]
Generalized Social Marginal Welfare Weights for Optimal Tax Theory
Emmanuel Saez (University of California-Berkeley)
Stephanie Stantcheva (Massachusetts Institute of Technology)
[Download Preview]
Discussants:
Florian Scheuer (Stanford University)
Alan J. Auerbach (University of California-Berkeley)
Emmanuel Saez (University of California-Berkeley)
Marc Fleurbaey (Princeton University)
Jan 04, 2013 10:15 am, Hyatt, Molly A & B
American Economic Association
Perspectives on Inequality and Mobility in the U.S. (D3)
Presiding: Robert Moffitt (Johns Hopkins University)
Income Inequality, Mobility and Turnover at the Top in the U.S., 1987 - 2009
Gerald Auten (U.S. Department of the Treasury)
Geoffrey Gee (U.S. Department of the Treasury)
Nicholas Turner (U.S. Department of the Treasury)
[Download Preview]
Deconstructing income and income inequality measures: A cross walk from market income to comprehensive income
Philip Armour (Cornell University)
Richard V. Burkhauser (Cornell University and the University of Melbourne)
Jeff Larrimore (U.S. Congress, Joint Committee on Taxation)
[Download Preview]
Consumption and Income Inequality in the U.S. Since the 1960s
Bruce D. Meyer (University of Chicago and NBER)
James X. Sullivan (University of Notre Dame)
[Download Preview]
Measuring the Trends in Inequality of Individuals and Families: Income and Consumption Abstract:
Jonathan Fisher (U.S. Census Bureau)
David S. Johnson (U.S. Census Bureau)
Timothy M. Smeeding (University of Wisconsin-Madison)
[Download Preview]
Discussants:
James P. Ziliak (University of Kentucky)
Robert Moffitt (Johns Hopkins University)
Jan 04, 2013 10:15 am, Hyatt, Edward B
American Economic Association
Saving for the Common Man: Target-Date Funds, Defaults and the Design of 401(k) Plans (G2)
Presiding: Brigitte Madrian (Harvard University)
It Pays to Set the Menu: Mutual Fund Investment Options in 401(K) Plans
Irina Stefanescu (Indiana University-Bloomington)
Veronika Krepely Pool (Indiana University-Bloomington)
Clemens Sialm (University of Texas-Austin)
Choice Architecture and the Locus of Fiduciary Obligation in Defined Contribution Plans
Dana M. Muir (University of Michigan)
[Download Preview]
Target-Date Funds: Survey and Administrative Evidence
Julie Agnew (College of William and Mary)
Lisa Szykman (College of William and Mary)
Stephen Utkus (Vanguard Center for Retirement Research)
Jean Young (Vanguard Center for Retirement Research)
[Download Preview]
Do 401(k) Advisors Take Their Own Advice?
Tomas Dvorak (Union College)
[Download Preview]
Discussants:
Pierluigi Balduzzi (Boston College)
John Turner (Pension Policy Center)
James J. Choi (Yale University)
Jonathan Reuter (Boston College)
Jan 04, 2013 10:15 am, Hyatt, Edward C
American Economic Association
The Economics and Economic Impact of New Screening Technologies (J7)
Presiding: Abigail Wozniak (University of Notre Dame)
Examining Stated Reservation Wages in the Context of Job Boards
Prasanna Tambe (New York University)
Peter Cappelli (University of Pennsylvania and NBER)
Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease
Ira Shoulson (Georgetown University)
E. Ray Dorsey (Johns Hopkins University)
Emily Oster (University of Chicago)
[Download Preview]
Stigma in the Labor Market: Evidence from Juveniles Transferred to Adult Court and Occupations with Mandated Criminal Background Checks
Keith Finlay (Tulane University)
[Download Preview]
The Effects of DNA Databases on Crime
Jennifer Doleac (University of Virginia)
[Download Preview]
Discussants:
Amanda Pallais (Harvard University)
Luke Chicoine (DePaul University)
Abigail Wozniak (University of Notre Dame)
Peter Kuhn (University of California-Santa Barbara)
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom C
American Economic Association
Theories of Over-the-Counter Markets (G1)
Presiding: Ana Babus (Imperial College)
The market for OTC Derivatives
Andrew Atkeson (University of California-Los Angeles)
Andrea Eisfeldt (University of California-Los Angeles)
Pierre-Olivier Weill (University of California-Los Angeles)
[Download Preview]
Decentralized Exchange
Semyon Malamud (École Polytechnique Fédérale de Lausanne)
Marzena Rostek (University of Wisconsin)
Information Percolation in Segmented Markets
Darrell Duffie (Stanford University)
Semyon Malamud (École Polytechnique Fédérale de Lausanne)
Gustavo Manso (University of California-Berkeley)
Trading and Information Diffusion in Over-the-Counter Markets
Ana Babus (Imperial College London)
Peter Kondor (Central European University)
[Download Preview]
Discussants:
Gara Afonso (Federal Reserve Bank of New York)
Mikhail Golosov (Princeton University)
Xavier Vives (IESE Business School)
Gustavo Manso (University of California-Berkeley)
Jan 04, 2013 10:15 am, Hyatt, Manchester F
American Economic Association
Topics in Economic Education (A2)
Presiding: Nancy Rose (Massachusetts Institute of Technology)
Course Requirements for Bachelor’s Degrees in Economics
William Becker (Indiana University)
William Bosshardt (Florida Atlantic University)
Michael Watts (Purdue University)
[Download Preview]
One Essay on Dissertation Styles in Economics
John J. Siegfried (Vanderbilt University)
Wendy Stock (Montana State University)
[Download Preview]
How Economists Allocate Time to Teaching and Research
Sam Allgood (University of Nebraska-Lincoln)
William B. Walstad (University of Nebraska-Lincoln)
[Download Preview]
Economic Understanding in U.S. High School Courses
William B. Walstad (University of Nebraska-Lincoln)
[Download Preview]
Discussants:
David Colander (Middlebury College)
James M. Poterba (Massachusetts Institute of Technology)
Daniel S. Hamermesh (University of Texas-Austin)
Gail Hoyt (University of Kentucky)
Jan 04, 2013 10:15 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Work on Women's Work is Never Done (J2)
Presiding: Claudia Goldin (Harvard University)
Women's Well-Being and Their Labor Force Participation
Marianne Bertrand (University of Chicago)
[Download Preview]
Female Labor Supply: Why is the US Falling Behind?
Francine D. Blau (Cornell University)
Lawrence M. Kahn (Cornell University)
[Download Preview]
Shocking Female Labor Supply: A Reassessment of the Impact of World War II on U.S. Women's Labor Supply
Claudia Goldin (Harvard University)
Claudia Olivetti (Boston University)
[Download Preview]
Discussants:
Shelly Lundberg (University of California-Santa Barbara)
Jane Waldfogel (Columbia University)
Dora L. Costa (University of California-Los Angeles)
Jan 04, 2013 10:15 am, Marriott, Rancho Santa Fe 2
American Real Estate & Urban Economic Association/American Economic Association
Business Cycles, Household Formation, and Demographic Changes (E3)
Presiding: William Strange (University of Toronto)
The Evolution of Household Size and Parental Coresidence over the Business Cycle
Greg Kaplan (University of Pennsylvania)
Jose-Victor Rios-Rull (University of Minnesota)
What Happens to Household Formation in a Recession?
Gary D. Painter (University of Southern California)
Kwan Ok Lee (National University of Singapore)
Sharing a Household: Economic Downturns and Transitions in Living Arrangements, 2001-2011
Laryssa Mykyta (U.S. Census Bureau)
Suzanne Macartney (U.S. Census Bureau)
Booms, Busts, and Fertility: Testing the Becker Model Using Gender-Specific Labor Demand
Jessamyn Schaller (University of Arizona)
Discussants:
Stuart Gabriel (University of California-Los Angeles)
Donald Haurin (The Ohio State University)
Dowell Myers (University of Southern California)
Melissa Kearney (University of Maryland)
Jan 04, 2013 10:15 am, Marriott, Santa Rosa
American Risk & Insurance Association/American Economic Association
Topics in Insurance Economics (D8)
Presiding: Martin Grace (Georgia State University)
On the Relationship between the Markets for Health Insurance and Medical Malpractice Insurance
Patricia Born (Florida State University)
J. Bradley Karl (Florida State University)
W. Kip Viscusi (Vanderbilt University)
Organizational Form, Ownership Structure and Top Executive Turnover: Evidence in the Property-Liability Industry
Jiang Cheng (Shanghai University of Finance and Economics)
J. David Cummins (Temple University)
Tzuting Lin (National Taiwan University)
External Financing in the Life Insurance Industry: Evidence from the Financial Crises
Thomas R. Berry-Stolzle (University of Georgia)
Gregory P. Nini (University of Pennsylvania)
Sabine Wende (University of Cologne)
Endogeous Information and Adverse Selection under Loss Prevention
Richard Peter (Ludwig-Maximillians-Universitaet)
Andreas Richter (Ludwig-Maximillians-Universitaet)
Paul Thistle (University of Nevada Las Vegas)
Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities
Thorsten Moenig (University of St. Thomas)
Daniel Baurer (Georgia State University)
Jan 04, 2013 10:15 am, Hyatt, Madeleine B
Transportation & Public Utilities Group/American Economic Association
Topics in Transportation Economics (L9)
Presiding: Wesley Wilson (University of Oregon)
Implications of Carbon Taxes for Transportation Policies
Ian W.H. Parry (International Monetary Fund)
Kenneth A. Small (University of California-Irvine and Resources for the Future)
[Download Preview]
Differential Effects of Corruption and Legal Systems on Efficiency of Government Owned vs. Privatized Airports
Jia Yan (Washington State University)
Tae Hoon Oum (The University of British Columbia)
Understanding the Determinants of Vehicle Fatalities: A Classical and Bayesian Approach
Richard Fowles (University of Utah)
Peter D. Loeb (Rutgers University-Newark)
Gail Blattenberger (University of Utah)
Maritime Transport Chains: Carrier, Port and Shipper Choice Effects
Wayne K. Talley (Old Dominion University)
Discussants:
Kenneth Button (George Mason University)
B. Starr McMullen (Oregon State University)
Thomas Zlatoper (John Carroll University)
John Bitzan (North Dakota State University)
Jan 04, 2013 12:30 pm, Hyatt, Elizabeth Ballroom D & E
American Economic Association/American Finance Association
AEA/AFA Joint Luncheon
Presiding: Claudia Goldin (Harvard University)
Janet L. Yellen (Federal Reserve Board) Financial System Interconnectedness and Systemic Risk: Lessons from the Crisis and Policy Implications [Presentation Transcript]
Jan 04, 2013 12:30 pm, Hyatt, Manchester E
American Economic Association
European Economic Association Lecture
Presiding: Fabrizio Zilibotti (University of Zurich)
Growth and the New Economics of Management
John Van Reenen (London School of Economics)
Jan 04, 2013 12:30 pm, Hyatt, Manchester A
Middle East Economic Association/American Economic Association
The Arab Spring Economies: Ramifications and Challenges (O5) (Panel Discussion)
Panel Moderator: J. Craig Jenkins (Ohio State University)
Raed Safadi (OECD)
Mahmoud A. El-Gamal (Rice University)
Hassan Aly (Ohio State University)
Gouda Abdel-Khalek (Cairo University)
Jan 04, 2013 12:30 pm, Marriott, Miramar
Omicron Delta Epsilon/American Economic Association
AEA/ODE Faculty Advisor Session (E6)
Presiding: Kathryn Nantz (Fairfield University)
Explaining Inflation during the Great Contraction
Robert Murphy (Boston College)
Discouraging Workers: Estimating the Impacts of Macroeconomic Shocks on the Search Intensity of the Unemployed
Mark Kurt (Elon University)
Stephen DeLoach (Elon University)
Tree Huggers and Road Warriors: Fuel Efficiency Regulations
Carlena Cochi Ficano (Hartwick College)
Was There an "Annika Effect" in the PGA?
Eva Marikova Leeds (Moravian University)
Discussants:
Mark Kurt (Elon University)
Robert Murphy (Boston College)
Eva Marikova Leeds (Moravian University)
Carlena Cochi Ficano (Hartwick College)
Jan 04, 2013 2:30 pm, Hyatt, America's Cup D
American Committee on Asian Economic Studies/American Economic Association
Empirical Assessments of International Shock Transmission for Asia (F4)
Presiding: Michael Plummer (Johns Hopkins University)
Do Foreign Banks Cut Their Bank Lending More during a Crisis?
Robert Dekle (University of Southern California)
Mihye Lee (Bank of Korea)
How Close is ASEAN to a Common Global-Currency Basket?
Reid W. Click (George Washington University)
International Transmission of Emerging Economy Supply Shocks: Analysis of a Three-Country DSGE Model
Naohisa Hirakata (Bank of Japan)
Yuto Iwasaki (Bank of Japan)
Masahiro Kawai (ADB Institute)
Do Policy-Related Shocks Affect Real Exchange Rates of Asian Developing Countries?
Taya Dumrongrittikul (Monash University)
Discussants:
Pierre L. Siklos (Wilfrid Laurier University)
Mordechai E. Kreinin (Michigan State University)
Richard Pomfret (University of Adelaide, Australia)
Steven Husted (University of Pittsburgh)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom F
American Economic Association
Alternative Approaches to Teaching the Principles of Economics (A2) (Panel Discussion)
Panel Moderator: Sam A. Allgood (University of Nebraska-Lincoln)
Martha L. Olney (University of California-Berkeley) Economics as a Language
Alex Tabarrok (George Mason University) Teaching the Solow Model in Principles
Robert Frank (Cornell University) The Economic Naturalist
David I. Laibson (Harvard University) A Behavioral Approach to Teaching Economics
Jan 04, 2013 2:30 pm, Hyatt, Edward B
American Economic Association
Bad Behavior (K4)
Presiding: Allen Sanderson (University of Chicago)
Misconduct in Credence Good Markets
Dylan Minor (Northwestern University)
Jennifer Brown (Northwestern University)
[Download Preview]
Dishonesty and Charitable Behavior
Adrian Stoian (California State University-East Bay)
Doru Cojoc (University of Iowa)
[Download Preview]
The Impact of Cartelization on Pricing Dynamics: Evidence from the German Cement Industry
Kai Hueschelrath (ZEW Centre for European Economic Research)
Tobias Veith (ZEW Centre for European Economic Research)
Competition and Corporate Fraud
Andrew Winton (University of Minnesota)
Tracy Wang (University of Minnesota)
The Importance of Psychology in Economic Activity: Evidence from Terrorist Attacks
Kenneth R. Ahern (University of Southern California)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom G
American Economic Association
Big Data, New Data (Y1)
Presiding: Erik Brynjolfsson (Massachusetts Institute of Technology)
Learning from Seller Experiments in Online Markets
Liran Einav (Stanford University)
Theresa Kuchler (Stanford University)
Jonathan Levin (Stanford University)
Neel Sundaresan (EBay)
[Download Preview]
Management in American (CENSUS)
Nicholas A. Bloom (Stanford University)
Erik Brynjolfsson (Massachusetts Institute of Technology)
Lucia Foster (U.S. Census Bureau)
Ron Jarmin (U.S. Census Bureau)
John Van Reenen (London School of Economics)
[Download Preview]
Impact of Firm-Level Shocks on Consumer Behavior: Evidence from Individual Panel Data
Scott R. Baker (Stanford University)
[Download Preview]
Bayesian Variable Selection for Nowcasting Economic Time Series
Hal R. Varian (Google)
Steve Scott (Google)
[Download Preview]
Jan 04, 2013 2:30 pm, Hyatt, Edward A
American Economic Association
Consumer Choice and Energy Demand: Empirical Policy Evaluations (Q4)
Presiding: Hunt Allcott (New York University)
Cash for Coolers
Lucas Davis (University of California-Berkeley)
Paul Gertler (University of California-Berkeley)
Alan Fuchs (University of California-Berkeley)
[Download Preview]
The Effect of a Mandatory Time-of-Use Pricing Reform on Residential Electricity Use
David Rapson (University of California-Davis)
Katrina Jessoe (University of California-Davis)
Jeremy Blair Smith (Boston University)
[Download Preview]
Does Conservation Targeting Work? Evidence from a Statewide Electricity Rebate Program in California
Koichiro Ito (Stanford University)
[Download Preview]
The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation
Hunt Allcott (New York University)
Todd Rogers (Harvard University)
[Download Preview]
Discussants:
Judd Kessler (University of Pennsylvania)
Peter C. Reiss (Stanford University)
Kelsey Jack (Tufts University)
Paulina Oliva (University of California-Santa Barbara)
Jan 04, 2013 2:30 pm, Hyatt, Randle B
American Economic Association
Developments in Health and Population Economics (I1)
Presiding: Steven Stern (University of Virginia)
SSI for Disabled Immigrants: Why Do Ethnic Networks Matter?
Delia Furtado (University of Connecticut)
Nikolaos Theodoropoulos (University of Cyprus)
[Download Preview]
Birth Order Differences in Early Inputs and Outcomes
Jee-Yeon K. Lehmann (University of Houston)
Ana Nuevo-Chiquero (University of Barcelona)
Marian Vidal-Fernandez (University of New South Wales)
[Download Preview]
The Impact of Childhood Health on Adult Educational Attainment: Evidence from Mandatory School Vaccination Laws
Dara N. Lee (University of Missouri)
[Download Preview]
Inheritances, Intergenerational Transfers, and the Accumulation of Health
Katherine Carman (Tilburg University)
Discussants:
Shelly Lundberg (University of California-Santa Barbara)
Steven Stern (University of Virginia)
Jan 04, 2013 2:30 pm, Hyatt, Molly A & B
American Economic Association
Economics and Well-Being (D6)
Presiding: Angus Deaton (Princeton University)
Can Revealed-Preference Tradeoffs Be Inferred From Happiness Data? Evidence from Residency Choices
Daniel J. Benjamin (Cornell University)
Ori Heffetz (Cornell University)
Miles Kimball (University of Michigan)
Alex Rees-Jones (Cornell University)
[Download Preview]
Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects
Jan-Emmanuel De Neve (University College London & Centre for Economic Performance (LSE))
Andrew J. Oswald (Warwick University and IZA)
[Download Preview]
Smoking Bans, Cigarette Prices and Life Satisfaction
Reto Odermatt (University of Basel)
Alois Stutzer (University of Basel)
[Download Preview]
The Earned Income Tax Credit, Health, and Happiness
Casey Boyd-Swan (Arizona State University)
Christopher M. Herbst (Arizona State University)
John Ifcher (Santa Clara University)
Homa Zarghamee (Santa Clara University)
[Download Preview]
Discussants:
Angus S. Deaton (Princeton University)
Carol Graham (University of Maryland and Brookings Institution)
Michael I. Norton (Harvard Business School)
Guy Mayraz (University of Melbourne)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom H
American Economic Association
Forty Years Since the 1973 OPEC Embargo: U.S. Energy Policy and Lessons for the Future (L5)
Presiding: Severin Borenstein (University of California-Berkeley)
Energy Technologies Policy: Repeating History?
Nancy L. Rose (Massachusetts Institute of Technology)
Natural Gas: From Shortages to Abundance
Paul L. Joskow (Alfred P. Sloan Foundation and Massachusetts Institute of Technology)
[Download Preview]
Transportation Fuels Policy since the OPEC Embargo: Paved with Good Intentions
Christopher R. Knittel (Massachusetts Institute of Technology)
[Download Preview]
Efficient Retail Pricing in Electricity and Natural Gas Markets: A Familiar Problem with New Challenges
Steven L. Puller (Texas A&M University)
[Download Preview]
Discussants:
Severin Borenstein (University of California-Berkeley)
Ryan Kellogg (University of Michigan)
Jan 04, 2013 2:30 pm, Hyatt, Gregory A & B
American Economic Association
Gender Differences in Social Preferences (C9)
Presiding: Ulrike Malmendier (University of California-Berkeley)
Breaking the Glass Ceiling with "No": Gender Differences in Doing Favors
Linda Babcock (Carnegie Mellon University)
Brenda Peyser (Carnegie Mellon University)
M.J. Tocci (Trial Run Inc.)
Lise Vesterlund (University of Pittsburgh)
Amanda Weirup (Carnegie Mellon University)
Gender, Group Identity and Social Preferences
Yan Chen (University of Michigan)
Sherry Xin Li (University of Texas-Dallas)
Measuring Competitiveness
Uri Gneezy (University of California-San Diego)
Aniela Pietrasz Pietrasz (University of California-San Diego)
Why Do Women (Not) Give More?
Stefano DellaVigna (University of California-Berkeley)
John A. List (University of Chicago)
Ulrike Malmendier (University of California-Berkeley)
Gautam Rao (University of California-Berkeley)
Discussants:
Iris Bohnet (Harvard University)
Gary Charness (University of California-Santa Barbara)
Jane Zhang (Hong Kong University of Science and Technology)
James Andreoni (University of California-San Diego)
Jan 04, 2013 2:30 pm, Hyatt, Manchester E
American Economic Association
Household Saving and Retirement (E2)
Presiding: Irina Telyukova (University of California-San Diego)
A Cross-Country Analysis of Housing and Retirement
Irina A. Telyukova (University of California-San Diego)
Makoto Nakajima (Federal Reserve Bank of Philadelphia)
[Download Preview]
Optimal Financial Knowledge and Wealth Inequality
Annamaria Lusardi (George Washington University)
Olivia S. Mitchell (University of Pennsylvania)
[Download Preview]
Incidental Bequests: Bequest Motives and the Choice to Self-Insure Late-Life Risks
Lee Lockwood (NBER)
[Download Preview]
Social Security, Endogenous Retirement and Intrahousehold Cooperation
Giovanni Gallipoli (University of British Columbia)
Laura Turner (University of Toronto)
[Download Preview]
Discussants:
Carlos Garriga (Federal Reserve Bank of St. Louis)
Eric French (Federal Reserve Bank of Chicago)
Karen Kopecky (Federal Reserve Bank of Atlanta)
Selahattin Imrohoroglu (University of Southern California)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom A
American Economic Association
International Macroeconomics and Finance (F3)
Presiding: Anna Pavlova (London Business School)
Financial Intermediation, International Risk Sharing, and Reserve Currencies
Matteo Maggiori (New York University)
Foreign Ownership of U.S. Safe Assets: Good or Bad?
Jack Favilukis (London School of Economics)
Stijn Van Nieuwerburgh (New York University)
Sydney Ludvigson (New York University)
[Download Preview]
Capital Flows and the Risk-Taking Channel of Monetary Policy
Valentina Bruno (American University)
Hyun Song Shin (Princeton University)
[Download Preview]
Financial Globalization, Inequality and the Raising of Public Debt
Marina Azzimonti (Federal Reserve Bank of Philadelphia)
Eva de Francisco (Towson University)
Vincenzo Quadrini (University of Southern California)
[Download Preview]
Discussants:
Emmanuel Farhi (Harvard University)
Oleg Itskhoki (Princeton University)
Tarek Hassan (University of Chicago)
Fabrizio Perri (University of Minnesota)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom B
American Economic Association
Lucas Paradox: Why Doesn't Capital Flow in Developing Economies? (O4)
Presiding: Robert Lucas, Jr. (University of Chicago)
Public and Private MPK
Chris Papageorgiou (International Monetary Fund)
Matthew Lowe (Massachusetts Institute of Technology)
Fidel Perez-Sebastian (University of Alicante)
[Download Preview]
Lucas and Anti-Lucas Paradoxes
Daniel Cohen (Paris School of Economics)
Orsetta Causa (OECD)
Marcelo Soto (Instituto de Análisis Económico)
[Download Preview]
Sovereigns, Upstream Capital Flows and Global Imbalances
Sebnem Kalemli-Ozcan (University of Maryland)
Laura Alfaro (Harvard University)
Vadym Volosovych (Erasmus University Rotterdam)
[Download Preview]
Productivity Growth and Capital Flows: The Dynamics of Reforms
Francisco Buera (University of California-Los Angeles)
Yongseok Shin (Washington University in St. Louis)
[Download Preview]
Discussants:
Francesco Caselli (London School of Economics)
Paul Collier (University of Oxford)
Lant Pritchett (Harvard University)
Olivier Jeanne (Johns Hopkins University)
Jan 04, 2013 2:30 pm, Hyatt, Elizabeth Ballroom C
American Economic Association
Markups, Customer Base and Business cycles (E2)
Presiding: Leena Rudanko (Boston University)
The Shopping Multiplier
Greg Kaplan (University of Pennsylvania)
Guido Menzio (University of Pennsylvania)
Inflation Dynamics during the Financial Crisis: Microeconomic Evidence on the Linkages between Price-Setting and Balance Sheet Conditions
Simon Gilchrist (Boston University)
Egon Zakrajsek (Federal Reserve Board)
Raphael Schoenle (Brandeis University)
Jae W. Sim (Federal Reserve Board)
Testing for Keynesian Labor Demand
Mark Bils (University of Rochester)
Peter Klenow (Stanford University)
Benjamin Malin (Federal Reserve Bank of Minneapolis)
Customer Capital and the Labor Wedge
Francois Gourio (Boston University)
Leena Rudanko (Boston University)
Discussants:
Robert Hall (Stanford University)
James Kahn (Yeshiva University)
Christopher House (University of Michigan)
Randall Wright (University of Wisconsin)
Jan 04, 2013 2:30 pm, Hyatt, Edward C
American Economic Association
Medical Treatment (I1)
Presiding: Kathleen Carey (Boston University)
Technology Diffusion and Learning Spillovers in Health Care: Evidence from New Cancer Drugs
Leila Agha (Boston University)
David Molitor (Massachusetts Institute of Technology)
Negative Tests and the Efficiency of Medical Care: Investigating the Determinants of Imaging Overuse
Jason Todd Abaluck (Yale University)
Leila Agha (Boston University)
Do Physicians' Financial Incentives Affect Treatment Patterns and Patient Health?
Jeffrey Clemens (Stanford Institute for Economic Policy Research)
Joshua D. Gottlieb (University of British Columbia)
[Download Preview]
The Health Effects of Weather and Pollution: Implications for Climate Change
Nicolas R. Ziebarth (Cornell University)
Martin Karlsson (University of Duisburg-Essen)
Maike Schmitt (University of Technology Darmstadt)
Workplace Interactions and Fear of Breast Cancer: Evidence from a Dynamic Natural Experiment
Giulio Zanella (University of Bologna)
Ritesh Banerjee (Analysis Group Inc.)
[Download Preview]
Jan 04, 2013 2:30 pm, Hyatt, Manchester A
American Economic Association
New Challenges for Growth in Historical Perspective (N3)
Presiding: Claude Diebolt (CNRS, University of Strasbourg)
Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations
Quamrul Ashraf (Williams College)
Oded Galor (Brown University)
[Download Preview]
Social Institutions, Violence and Innovations: Did the Old Poor Law Matter?
Avner Greif (Stanford University)
Diego Sasson (Goldman Sachs)
Murat Iyigun (University of Colorado)
[Download Preview]
Not the Opium of the People: Income and Secularization in a Panel of Prussian Counties
Sascha O. Becker (University of Warwick)
Ludger Woessmann (University of Munich)
[Download Preview]
From Stagnation to Sustained Growth: The Role of Female Empowerment
Claude Diebolt (CNRS, University of Strasbourg)
Faustine Perrin (University of Strasbourg)
[Download Preview]
Discussants:
Ahmed Rahman (U.S. Naval Academy)
Emanuele Felice (Universitat Autonoma de Barcelona)
Jean-Luc Demeulemeester (Université Libre de Bruxelles)
Mike Haupert (University of Wisconsin-La Crosse)
Jan 04, 2013 2:30 pm, Hyatt, Manchester B & C
American Economic Association
Sovereign Debt Crises and Policies: History and Future Prospects (F3) (Panel Discussion)
Panel Moderator: Olivier Blanchard (International Monetary Fund)
Simon Johnson (Massachusetts Institute of Technology)
Kenneth Rogoff (Harvard University)
Thomas Sargent (New York University)
Jan 04, 2013 2:30 pm, Hyatt, Manchester G
American Economic Association
The Economics of Higher Education (I2)
Presiding: Joshua Angrist (Massachusetts Institute of Technology)
The For-Profit Postsecondary School Sector: Nimble Critters or Agile Predators?
David Deming (Harvard University)
Claudia Goldin (Harvard University)
Lawrence Katz (Harvard University)
Race and College Success: Evidence from Missouri
Peter Arcidiacono (Duke University)
Cory Koedel (University of Missouri)
An Empirical Analysis of Racial Segregation in Higher Education
Peter Hinrichs (Georgetown University)
[Download Preview]
Estimating the Return to College Selectivity over the Career Using Administrative Earnings Data
Stacy Dale (Mathematica Policy Research)
Alan Krueger (Princeton University)
[Download Preview]
Discussants:
Sarah Reber (University of California-Los Angeles)
Jeffrey Smith (University of Michigan)
Jonathan Guryan (Northwestern University)
Jesse Rothstein (University of California-Berkeley)
Jan 04, 2013 2:30 pm, Hyatt, Manchester H & I
American Economic Association
The Federal Income Tax at 100 (H2) (Panel Discussion)
Panel Moderator: James Poterba (Massachusetts Institute of Technology and NBER)
Michael Graetz (Columbia University)
Emmanuel Saez (University of California-Berkeley)
Joel Slemrod (University of Michigan)
John Wallis (University of Maryland)
Jan 04, 2013 2:30 pm, Hyatt, Manchester F
American Economic Association
The Political Economics of Momentum, Persistence and Information (D8)
Presiding: David Yanagizawa-Drott (Harvard University)
Do Political Protests Matter? Evidence from the Tea Party Movement
David Yanagizawa-Drott (Harvard University)
Andreas Madestam (Stockholm University)
Daniel Shoag (Harvard University)
Stan Veuger (Harvard University)
[Download Preview]
The Persistence of Political Partisanship: Evidence from 9/11
Sharun Mukand (University of Warwick)
Ethan Kaplan (University of Maryland)
[Download Preview]
Sequential or Simultaneous Elections? A Welfare Analysis
Brian Knight (Brown University)
Patrick Hummel (Yahoo! Research)
[Download Preview]
"The People Want the Fall of the Regime": Schooling, Political Protest, and the Economy
Filipe Campante (Harvard University)
Davin Chor (Singapore Management University)
Confidence and Overconfidence in Political Economy
Erik Snowberg (Caltech)
Pietro Ortolova (Caltech)
Discussants:
Daniel Shoag (Harvard Universityl)
Ethan Kaplan (University of Maryland)
Brian Knight (Brown University)
Erik Snowberg (Caltech)
Filipe Campante (Harvard Universityl)
Jan 04, 2013 2:30 pm, Hyatt, Randle A
American Economic Association
What Explains Divergent Productivity Growth Between the United States, Europe and Canada? (O4)
Presiding: Andrew Sharpe (Centre for the Study of Living Standards)
Technology Optimism, but Employment and Growth Uncertainty
James Manyika (McKinsey)
Martin Baily (Brookings Institution)
[Download Preview]
Productivity or Employment: Is It a Choice?
Marcello Estevao (International Monetary Fund)
Beth Anne Wilson (Federal Reserve Board)
Is the Information Technology Revolution Over?
Dan Sichel (Wellesley College)
Stephen Oliner (American Enterprise Institute and University of California-Los Angeles)
The Productivity Performance of European Economies
Bart van Ark (The Conference Board)
[Download Preview]
Discussants:
Robert Gordon (Northwestern University)
Barbara Fraumeni (University of Southern Maine)
Chad Syverson (University of Chicago)
Pascal Petit (CNRS-CEPN and Universite de Paris-Nord)
Jan 04, 2013 2:30 pm, Hyatt, Ford C
Chinese Economic Association in North America/American Economic Association
Fiscal Policy under Macroeconomic Uncertainties (E6)
Presiding: Stephen Turnovsky (University of Washington)
Fiscal Policy in Highly Indebted Countries
Huixin Bi (Bank of Canada)
Wenyi Shen (Indiana University)
Shu-Chun Susan Yang (International Monetary Fund)
Debt Stabilization in a Non-Ricardian Economy
Campbell Leith (University of Glasgow)
Ioana Moldovan (University of Glasgow)
Simon Wren-Lewis (University of Oxford)
Fiscal Policy and the Distribution of Consumption Risk
Massimiliano Croce (University of North Carolina-Chapel Hill)
Thien Tung Nguyen (University of Pennsylvania)
Lukas Schmid (Duke University)
Exchange Rate Pass-Through and the Effects of Tariffs on Economic Performance and Welfare
Yu-Ning Hwang (National Chengchi University, Taiwan)
Stephen Turnovsky (University of Washington)
Discussants:
Hung-Ju Chen (National Taiwan University)
Pei-Ju Liao (Academia Sinica, Taiwan)
Mathias Trabandt (Federal Reserve Board)
Daphne Chen (Florida State University)
Jan 04, 2013 2:30 pm, Hyatt, Maggie
History of Economics Society/American Economic Association
Writing MIT's History (B2)
Presiding: E. Roy Weintraub (Duke University)
On Charles Kindleberger
Stephen Meardon (Bowdoin College)
MIT's Textbooks
Yann Giraud (University of Cergy-Pontoise)
Afro Americans at MIT
William A. Darity, Jr. (Duke University)
Creating MIT Economics: Hiring Jewish Faculty
E. Roy Weintraub (Duke University)
Discussants:
Evelyn Forget (University of Manitoba)
E. Roy Weintraub (Duke University)
Jan 04, 2013 2:30 pm, Marriott, Point Loma
International Banking, Economics & Finance Association/American Economic Association
Financial Frictions and Their Implications for Financial Stability (G1) (Panel Discussion)
Panel Moderator: Diana Hancock (Federal Reserve Board)
Viral V. Acharya (New York University) The Dark Side of Liquidity Creation and Systemic Risk
Markus K. Brunnermeier (Princeton University) Complexity in Financial Markets
Randy Kroszner (University of Chicago) Regulatory Reforms to Reduce Financial Fragility
Wayne Passmore (Federal Reserve Board) Traditional Banks vs. Shadow Banks and Financial Stability
Jan 04, 2013 2:30 pm, Marriott, New York
Society for the Advancement of Behavioral Economics/American Economic Association
In Memorial of Elinor Ostrom: Common-Pool Resource Dilemmas - Current Perspective (Q5)
Presiding: Amnon Rapoport (University of California-Riverside)
Time and Uncertainty in Resource Dilemmas: Equilibrium Solutions and Experimental Results
Anabela Botelho (University of Minho and NIMA)
Ariel Dinar (University of California-Riverside)
Lígia Pinto (University of Minho and NIMA)
Amnon Rapoport (University of California-Riverside)
Provision versus Appropriation in Symmetric and Asymmetric Social Dilemmas
James Cox (Georgia State University)
Elinor Ostrom (Indiana University and Arizona State University)
Vjollca Sadiraj (Georgia State University)
James Walker (Indiana University)
How Uses the Position of Power in Asymmetric Commons Dilemmas?
Marco Janssen (Arizona State University)
Nathan Rollins (Arizona State University)
Jacopo Baggio (Arizona State University)
Irene Ibarra (Arizona State University)
Managing Resources with Potential Regime Shifts: Using Experiments to Explore Social–Ecological Linkages in Common Resource Systems
Therese Lindahl (The Royal Swedish Academy of Sciences, Stockholm)
Anne-Sophie Crépin (The Royal Swedish Academy of Sciences, Stockholm)
Caroline Schill (The Royal Swedish Academy of Sciences, Stockholm)
Discussants:
Amnon Rapoport (University of California-Riverside)
Jan 04, 2013 4:45 pm, Hyatt, Elizabeth Ballroom D & E
American Economic Association
Richard T. Ely Lecture
Presiding: Claudia Goldin (Harvard University)
Edward Glaeser (Harvard University) A Nation of Gamblers: Real Estate Bubbles and America's Urban History
Jan 04, 2013 8:00 pm, Hyatt, Manchester Foyer
American Economic Association
Music Session (Z1)
Presiding: Gary Walton (University of California-Davis)
Dedication to Hal White
Eric Maskin (Musician: piano)
West Coast Cool
Gary Walton (Musician: saxophone)
Ed Gamber (Musician: guitar)
Nick Mader (Musician: bass)
Alan Spearot (Musician: drums)
Swing/Traditional Group
Gerald Auten (Musician: trumpet)
Luis Cabral (Musician: saxophone)
Richard Levich (Musician: drums)
Nick Mader (Musician: bass)
Eric Maskin (Musician: clarinet)
Christopher A. Sims (Musician: trombone)
Stephen Wu (Musician: piano)

Jan 05, 2013

Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom B
American Economic Association
China and the World Economy (O5)
Presiding: Chang-Tai Hsieh (University of Chicago)
Misallocation or Mismeasurement? Factor Income Shares and Factor Market Distortions in China's Manufacturing Industries
Xiaodong Zhu (University of Toronto)
Jessie Zhenjie Qian (Tsinghua University)
[Download Preview]
A Structural Estimation of Capital Market Distortions
Zheng (Michael) Song (University of Chicago)
Guiying (Laura) Wu (Nanyang Technological University)
The Road to Real Exchange Rate Depreciation
Qingyuan Du (Monash University)
Shang-Jin Wei (Columbia University)
Peichu Xie (Peking University)
The Ownership Structure of Offshoring and Wage Inequality: Theory and Evidence from China
Dennis Yang (Chinese University of Hong Kong)
Liugang Sheng (University of California-Davis)
[Download Preview]
Discussants:
Chang-Tai Hsieh (University of Chicago)
Daniel Xu (Duke University)
Charles Engel (University of Wisconsin-Madison)
Mine Z. Senses (Johns Hopkins University)
Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Competing Monetary Strategies, Where Do We Go from Here? (E5)
Presiding: Volker Wieland (Goethe University Frankfurt)
Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates
Eric T. Swanson (Federal Reserve Bank of San Francisco)
John C. Williams (Federal Reserve Bank of San Francisco)
[Download Preview]
Output Gaps and Robust Monetary Policy Rules
Roberto M. Billi (Sveriges Riksbank)
[Download Preview]
Real-time Model Uncertainty in the United States: Robust Policies Put to the Test
Robert J. Tetlow (Federal Reserve Board)
[Download Preview]
The Performance of Competing Monetary Regimes under Model Uncertainty
Tobias Cwik (Federal Reserve Board)
Keith Kuester (Federal Reserve Bank of Philadelphia)
Volker Wieland (Goethe University Frankfurt)
Discussants:
John B. Taylor (Stanford University)
Yunus Aksoy (Birkbeck College, University of London)
Michael Dotsey (Federal Reserve Bank of Philadelphia)
William A. Branch (University of California - Irvine)
Jan 05, 2013 8:00 am, Hyatt, Manchester E
American Economic Association
Demand Systems and Imperfect Competition (D4)
Presiding: Angus Deaton (Princeton University)
Pass-Through and Demand Forms
Eric Glen Weyl (University of Chicago)
Michal Fabinger (Harvard University)
[Download Preview]
Monopolistic Competition and Optimum Product Diversity Under Firm Heterogeneity
Swati Dhingra (London School of Economics)
John Morrow (London School of Economics)
[Download Preview]
Discrete Choice Cannot Generate Demand That Is Additively Separable in Own Price
Sonia Jaffe (Harvard University)
Scott Duke Kominers (University of Chicago)
[Download Preview]
The Impact of Competition on Prices with Numerous Firms
Xavier Gabaix (New York University)
David I. Laibson (Harvard University)
Deyuan Li (Fudan University)
Hongyi Li (Massachusetts Institute of Technology)
Sidney Resnick (Cornell University)
Casper G. de Vries (Erasmus University Rotterdam)
[Download Preview]
Discussants:
Jeremy I. Bulow (Stanford University)
Andres Rodriguez-Clare (University of California-Berkeley)
Jerry A. Hausman (Massachusetts Institute of Technology)
Timothy B. Armstrong (Stanford University)
Jan 05, 2013 8:00 am, Hyatt, Ford A
American Economic Association
Economic History (N0)
Presiding: Katharine Shester (Washington and Lee University)
The Long-Term Consequences of Distinctively Black Names: Evidence from the American Past
Trevon D. Logan (The Ohio State University)
Lisa D. Cook (Michigan State University)
Johnathan M. Parman (College of William and Mary)
Cognitive Human Capital and Wealth Accumulation of Former Slaves
Richard H. Steckel (Ohio State University)
[Download Preview]
Fertility Responses to Infant and Maternal Mortality: Quasi-Experimental Evidence from 20th Century America
Sonia Bhalotra (University of Bristol)
David Hollywood (University College London)
Atheendar S. Venkataramani (Massachusetts General Hospital)
[Download Preview]
The Persistence of the Inquisitorial Mind: Long-Run Effects of the Spanish Inquisition
Jordi Vidal-Robert (Boston University)
When Autarkic China Met Expansive Europe: The Rise of Merchant-Pirates in the Sixteenth Century
James Kai-sing Kung (Hong Kong University of Science and Technology)
Chicheng Ma (Hong Kong University of Science and Technology)
Jan 05, 2013 8:00 am, Hyatt, Randle A & B
American Economic Association
Economics of National Security (H5)
Presiding: Martin Feldstein (Harvard University and NBER)
Energy and National Security
Robert Topel (University of Chicago)
Kevin Murphy (University of Chicago)
Modest, Secure and Informed: Successful Development in Conflict Zones
Eli Berman (University of California-San Diego)
[Download Preview]
Insurgent Compensation: Evidence from Iraq
Jacob Shapiro (Princeton University)
[Download Preview]
Evaluating Economic Warfare: Lessons from Efforts to Suppress the Afghan Opium Trade
Jeffrey Clemens (Stanford University and University of California-San Diego)
Discussants:
Andrei Shleifer (Harvard University)
Michael Meese (U.S. Military Academy at West Point)
Martin Feldstein (Harvard University)
Melissa Dell (Massachusetts Institute of Technology)
Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom A
American Economic Association
Financial Markets and Economic Development (O1)
Presiding: Erica Field (Duke University and NBER)
Informal Risk Sharing, Index Insurance and Risk-Taking in Developing Countries
Mark R. Rosenzweig (Yale University)
Mushfiq Mobarak (Yale University)
Financial Markets and the Returns to Fertilizer
Christopher Udry (Yale University)
Lori Beaman (Northwestern University)
Dean Karlan (Yale University and NBER)
Bram Thuysbaert (Yale University)
Does Savings Lead to More Investment in Microenterprises?
Christopher M. Woodruff (University of Warwick and NBER)
Suresh de Mel (University of Peradeniya)
Craig McIntosh (University of California-San Diego)
Discussants:
Michael Kremer (Harvard University and NBER)
Paul Niehaus (University of California-San Diego)
Shawn Cole (Harvard Business School)
Jan 05, 2013 8:00 am, Hyatt, Gregory A & B
American Economic Association
High-Dimensional Issues in Econometrics (C1)
Presiding: Seth Pruitt (Federal Reserve Board)
The Three-Pass Regression Filter: A New Approach to Forecasting Using Many Predictors
Seth Pruitt (Federal Reserve Board)
Bryan Kelly (University of Chicago)
Constructing Factors from Continuous and Categorical Data
Serena Ng (Columbia University)
[Download Preview]
Inference on Treatment Effects after Selection amongst High-Dimensional Controls
Victor Chernozhukov (Massachusetts Institute of Technology)
Alexandre Belloni (Duke University)
Christian Hansen (University of Chicago)
[Download Preview]
Discussants:
Mohammad Hashem Pesaran (University of Cambridge)
Allan Timmermann (University of California-San Diego)
Whitney K. Newey (Massachusetts Institute of Technology)
Jan 05, 2013 8:00 am, Hyatt, Randle E
American Economic Association
Immigration Policy Analysis and Immigrants' Strategic Location Choices (F2)
Presiding: Brian Kovak (Carnegie Mellon University)
Immigration, Internal Migration, and Local Labor Market Adjustment During the Great Recession
Brian Cadena (University of Colorado-Boulder)
Brian K. Kovak (Carnegie Mellon University)
Do Local Immigration Laws Impact Employment and Wages? Evidence from the 287(g) Program
Sarah Bohn (Public Policy Institute of California)
Robert Santillano (Mathematica Policy Research)
The Impact of Mandated Employment Verification Systems on State-Level FDI
Catalina Amuedo-Dorantes (San Diego State University)
Cynthia Bansak (St. Lawrence University)
Allan Zebedee (Clarkson University)
Discussants:
Pia Orrenius (Federal Reserve Bank of Dallas)
Sarah Bohn (Public Policy Institute of California)
Abigail Wozniak (University of Notre Dame)
Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom C
American Economic Association
International Trade, Productivity, and Skill Demand (F1)
Presiding: Nico Voigtlaender (University of California-Los Angeles and NBER)
Skill Biased Heterogeneous Firms, Trade Liberalization, and the Skill Premium
Ariell Reshef (University of Virginia)
James Harrigan (University of Virginia and NBER)
[Download Preview]
Imported Inputs, Quality Complementarity, and Skill Demand
Nico Voigtlaender (University of California-Los Angeles and NBER)
Diego Saravia (Central Bank of Chile)
[Download Preview]
International Trade, Technology, and the Skill Premium
Ariel Burstein (University of California-Los Angeles and NBER)
Jonathan Vogel (Columbia University and NBER)
Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters
Yue Ma (City University of Hong Kong)
Heiwai Tang (Tufts University and Johns Hopkins University)
Yifan Zhang (Lingnan University)
[Download Preview]
Discussants:
Donald R. Davis (Columbia University)
Benjamin R. Mandel (Federal Reserve Bank of New York)
Stephen Redding (Princeton University)
Ferdinando Monte (Johns Hopkins University)
Jaebin Ahn (International Monetary Fund)
Jan 05, 2013 8:00 am, Hyatt, Edward A & B
American Economic Association
Internet Effects (L8)
Presiding: Jonathan Lafky (Lafayette College)
The Effect of Social Interaction on Economic Transactions: An Embarrassment of Niches?
Ryan C. McDevitt (University of Rochester)
[Download Preview]
Consumer Uncertainty and Price Discrimination through Online Coupons: An Empirical Study of Restaurants in Shanghai
Jie Zhang (Fudan University)
Scott J. Savage (University of Colorado-Boulder)
Yongmin Chen (University of Colorado-Boulder)
[Download Preview]
Measuring the Impact of File Sharing on the Movie Industry: An Empirical Analysis Using a Panel of Countries
Alejandro Zentner (University of Texas-Dallas)
[Download Preview]
The Effect of Internet Distribution on Brick-and-mortar Sales
Andrea Pozzi (Einaudi Institute for Economics and Finance)
[Download Preview]
Reputation and Adverse Selection; Theory and Evidence from eBay
Maryam Saeedi (University of Minnesota)
[Download Preview]
Jan 05, 2013 8:00 am, Hyatt, Manchester F
American Economic Association
Measuring Poverty in the United States: The Supplemental Poverty Measure (I3)
Presiding: David Johnson (U.S. Census Bureau)
The Supplemental Poverty Measure: Examining the Incidence and Depth of Poverty in the U.S. Taking Account of Taxes and Transfers in 2011
Kathleen Short (U.S. Census Bureau)
[Download Preview]
Maintaining Consumption Levels over Economic Fluctuations and the Impact on Consumption vs. Spending-Based SPM Thresholds
Thesia I. Garner (Bureau of Labor Statistics)
Marisa Gudrais (Bureau of Labor Statistics)
[Download Preview]
Identifying the Disadvantaged: Official Poverty, Consumption Poverty, and the New Supplemental Poverty Measure
Bruce D. Meyer (University of Chicago and NBER)
James X. Sullivan (University of Notre Dame)
[Download Preview]
Estimating the Supplemental Poverty Measure (SPM) using the Survey of Income and Program Participation
John Iceland (Pennsylvania State University)
Patricia Ruggles (Orlin Research Inc.)
Discussants:
Robert T. Michael (University of Chicago)
Hilary Hoynes (University of California-Davis)
Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom F
American Economic Association
Models of Uncertainty Shocks (E3)
Presiding: Laura Veldkamp (New York University)
Does Uncertainty Reduce Growth? Using Disasters As Natural Experiments
Nicholas A. Bloom (Stanford University)
Scott R. Baker (Stanford University)
[Download Preview]
Uncertainty Shocks: Puzzling Facts and Learning Theory
Anna Orlik (Federal Reserve Board)
Laura Veldkamp (New York University)
Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation
Joseph Vavra (Yale University)
Discussants:
Lars Peter Hansen (University of Chicago)
Ruediger Bachmann (RWTH Aachen University)
Martin Eichenbaum (Northwestern University)
Jan 05, 2013 8:00 am, Hyatt, Ford B
American Economic Association
Politics (D8)
Presiding: Henry Chappell (University of South Carolina)
On the Extent of Strategic Voting
Jorg L. Spenkuch (University of Chicago)
[Download Preview]
Fundamental Models for Forecasting Elections
Patrick Hummel (Google)
David Rothschild (Microsoft Research)
[Download Preview]
Ethical Voters and the Demand for Political News
Florian Schuett (Tilburg University)
Amedeo Piolatto (IEB, University of Barcelona)
[Download Preview]
Politicians' Luck of the Draw: Evidence from the Spanish Christmas Lottery
Manuel Bagues (Universidad Carlos III de Madrid)
Berta Esteve-Volart (York University)
[Download Preview]
Jan 05, 2013 8:00 am, Hyatt, Molly A & B
American Economic Association
Quasi Experimental Evidence on Gender Differences (J1)
Presiding: Shelly Lundberg (University of California-Santa Barbara)
•Willingness to compete: Family matters
Ingvild Almas (NHH Norwegian School of Economics)
Alexander W. Cappele (NHH Norwegian School of Economics)
Kjell G. Salvanes (NHH Norwegian School of Economics)
Erik O. Sorensen (NHH Norwegian School of Economics)
Bertil Tungodden (NHH Norwegian School of Economics)
[Download Preview]
GENDER ROLES AND NON-COOPERATIVE BEHAVIOR: FIELD EXPERIMENT ON THE EFFECT OF ASYMMETRIC INFORMATION ON INTRA-HOUSEHOLD ALLOCATION IN GHANA
Carolina Castilla (Colgate University)
Thomas Walker (World Bank)
[Download Preview]
What Happens When a Woman Wins a Close Election? Evidence from Brazil
Ugo Troiano (Harvard University)
Fernanda Brollo (U iversity of Alicante)
[Download Preview]
Are Women Better than Men at Multitasking Household Activities? New Experimental Evidence
Gigi Foster (University of New South Wales)
Charlene Kalenkoski (Ohio University)
[Download Preview]
Discussants:
Daniele Paserman (Boston University)
Shelly Lundberg (University of California-Santa-Barbara)
Stefano Gagliaducci (University of Rome)
Peter Kuhn (University of California-Santa Barbara)
Jan 05, 2013 8:00 am, Hyatt, Edward C
American Economic Association
Recent Developments in Consumer Bankruptcy Research (K3)
Presiding: Tal Gross (Columbia University)
Social Networks and Personal Bankruptcy
Michelle Miller (Rutgers University)
[Download Preview]
The Impact of Health Reform on Personal Bankruptcy
Sarah Miller (University of Illinois)
The Difference a Day (Doesn't) Make: Does Giving Borrowers More Time to Repay Break the Cycle of Repeated Payday Loan Borrowing?
Paige Marta Skiba (Vanderbilt University)
Susan Payne Carter (Vanderbilt University)
Justin Syndor (University of Wisconsin)
How Big a Deal was Bankruptcy Reform?
Tal Gross (Columbia University)
Ben Keys (University of Chicago)
Neale Mahoney (University of Chicago)
Discussants:
Wenli Li (Federal Reserve Bank of Philadelphia)
Matthew J. Notowidigdo (University of Chicago)
Neale Mahoney (University of Chicago)
Benjamin Keys (University of Chicago)
Jan 05, 2013 8:00 am, Hyatt, Manchester A
American Economic Association
Taxation in Developing Countries (H2)
Presiding: Dina Pomeranz (Harvard University)
Property Tax Experiment in Punjab, Pakistan: Preliminary Evidence on the Role of Incentives on Tax Inspectors' Behavior
Benjamin A. Olken (Massachusetts Institute of Technology)
Asim Khwaja (Harvard University)
Adnan Qadir (London School of Economics)
Tax Me if You Can: Third-party Cross-Checks and Evasion Substitution
Dina Pomeranz (Harvard University)
Monica Singhal (Harvard University)
Paul Carrillo (George Washington University)
Tax Me, But Spend Wisely: Public Finance and Government Accountability
Lucie Gadenne (University College London)
[Download Preview]
Monitoring and Its Interaction with Punishment in Tax Enforcement: Evidence from a Regression Discontinuity Design
Gabriela Aparicio (George Washington University)
Shahe Emran (Columbia University)
Discussants:
Joel Slemrod (University of Michigan)
Wojciech Kopczuk (Columbia University)
Raymond Fisman (Columbia University)
Stephan Litschig (Universitat Pompeu Fabra)
Jan 05, 2013 8:00 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Technological Innovation and Climate Change (H2)
Presiding: John Van Reenen (London School of Economics)
Carbon Taxes, Path Dependency and Directed Technical Change: Evidence from the Auto Industry
John Van Reenen (London School of Economics)
Philippe Aghion (Harvard University)
Antoine Dechezlepretre (London School of Economics)
David Hemous (Harvard University)
Ralf Martin (Imperial College, London School of Economics)
[Download Preview]
Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market
Antoine Dechezlepretre (London School of Economics)
Raphael Calel (London School of Economics)
[Download Preview]
Carbon Markets, Carbon Prices and Innovation: Evidence from Interviews with Managers
Ralf Martin (Imperial College, London School of Economics)
Mirabel Muuls (Imperial College, London School of Economics)
Ulrich J. Wagner (Universidad Carlos III de Madrid)
[Download Preview]
Energy-Saving Technical Change
Per Krusell (IIES)
John Hassler (IIES)
Conny Olovsson (IIES)
[Download Preview]
Jan 05, 2013 8:00 am, Hyatt, Randle D
American Economic Association
Topics in Education Policy (I2)
Presiding: John Ham (University of Maryland-College Park and IRP)
The Effect of Teacher Gender on Student Achievement in Primary School
Heather Antecol (Claremont McKenna College and IZA)
Ozkan Eren (University of Nevada-Las Vegas)
Serkan Ozbeklik (Claremont McKenna College)
[Download Preview]
Getting Qualified High School Seniors to Enroll in College: An Experimental Study in New Hampshire
Scott Carrell (University of California Davis and NBER)
Bruce Sacerdote (Dartmouth University and NBER)
TBA
Reuben Ford (SRDC)
Philip Oreopoulos (University of Toronto and NBER)
Teacher Quality Policy When Supply Matters
Jesse Rothstein (University of California-Berkeley and NBER)
[Download Preview]
Jan 05, 2013 8:00 am, Hyatt, Manchester B & C
American Economic Association
What Do Economists Think about Major Public Policy Issues? (A1)
Presiding: Anil Kashyap (University of Chicago)
Views among Economists: Professional Consensus or Point-Counterpoint?
Roger Gordon (University of California-San Diego)
Gordon B. Dahl (University of California-San Diego)
[Download Preview]
Comparing Beliefs of Economists and the Public
Luigi Zingales (University of Chicago)
[Download Preview]
Discussants:
James M. Poterba (Massachusetts Institute of Technology and NBER)
Paul Krugman (Princeton University)
Monika Piazzesi (Stanford University)
Robert Hall (Stanford University)
David Wessel (Wall Street Journal)
Justin Wolfers (University of Michigan)
Jan 05, 2013 8:00 am, Hyatt, Gallery
Association for Comparative Economic Studies/American Economic Association
Social and Economic Consequences of Land Reforms in Russia (N3)
Presiding: Sergei Guriev (New Economic School)
Did Serfdom Matter? Economic Consequences of Emancipation in the Russian Empire
Andrei Markevich (New Economic School)
Ekaterina Zhuravskaya (Paris School of Economics and New Economic School)
Does Reform Prevent Rebellion? Evidence from Russia's Emancipation of the Serfs
Evgeny Finkel (University of Wisconsin-Madison)
Scott Gehlbach (University of Wisconsin-Madison)
Tricia Olsen (University of Denver)
Property Rights and Internal Migration: The Case of the Stolypin Agrarian Reform in the Russian Empire
Eugenia Chernina (Toulouse School of Economics)
Paul Castaneda Dower (New Economic School)
Andrei Markevich (New Economic School)
Revolution and Industrialization in Russia Through the Lens of Neoclassical Growth Theory
Anton Cheremukhin (Federal Reserve Bank of Dallas)
Mikhail Golosov (Princeton University)
Sergei Guriev (New Economic Schoo)
Aleh Tsyvinski (Yale University)
Discussants:
Amanda Gregg (Yale University)
Paul Gregory (University of Houston)
Steven Nafziger (Williams College)
Jan 05, 2013 8:00 am, Marriott, Coronado Room
Health Economics Research Organization/American Economic Association
Early Effects of the 2010 Affordable Care Act (I1)
Presiding: Donald Yett (University of Southern California)
Did the Affordable Care Act's Dependent Coverage Provision Expand Health Insurance Coverage for Young Adults?
Joel C. Cantor (University of Medicine and Dentistry of New Jersey)
Alan C. Monheit (University of Medicine and Dentistry of New Jersey)
Derek Delia (University of Medicine and Dentistry of New Jersey)
Kristen Lloyd (University of Medicine and Dentistry of New Jersey)
An Early Look at the Preventive Care Provisions in the Affordable Care Act
Stacey McMorrow (Urban Institute)
Genevieve M. Kenney (Urban Institute)
Evaluating the Short-Run Impact of Medical Loss Ratio Regulation on the Individual and Small Group Markets
Jean M. Abraham (University of Minnesota)
Pinar Karaca-Mandic (University of Minnesota)
Kosali Simon (Indiana University)
Discussants:
Thomas Buchmueller (University of Michigan)
Donald Kenkel (Cornell University)
Michael E. Chernew (Harvard University)
Jan 05, 2013 10:15 am, Hyatt, Randle A & B
American Economic Association
After the Crisis: What Did We Learn, and What Should We Teach, about Monetary Policy? (A2) (Panel Discussion)
Panel Moderator: Janet Yellen (Federal Reserve Board)
Martin Eichenbaum (Northwestern University)
Benjamin M. Friedman (Harvard University)
Mark Gertler (New York University)
Michael Woodford (Columbia University)
Jan 05, 2013 10:15 am, Hyatt, Gregory A & B
American Economic Association
Causes and Consequences of Split-Household Migration (O1)
Presiding: Mark Rosenzweig (Yale University)
Mexicans in America
Maria Genoni (World Bank)
Gabriela Farfan (Duke University)
Luis Rubalcava (CAMBS)
Graciela Teruel (Universidad Iberoamericana)
Duncan Thomas (Duke University)
Village Political Economy, Land Tenure Insecurity, and the Rural to Urban Migration Decision: Evidence from China
John Giles (World Bank)
Ren Mu (Texas A&M University)
[Download Preview]
Seasonal Migration and Risk Aversion
Gharad Bryan (London School of Economics)
Shyamal Chowdhury (University of Sydney)
Ahmed Mushfiq Mobarak (Yale University)
[Download Preview]
Interaction Between Migrants and Origin Households: Evidence from Linked Data
Joyce J. Chen (The Ohio State University)
Nazmul Hassan (Dhaka University)
Discussants:
Francisca Antman (University of Colorado-Boulder)
Alan de Brauw (International Food Policy Research Institute)
Michael Clemens (Center for Global Development)
Mark R. Rosenzweig (Yale University)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom B
American Economic Association
Default Risk and Aggregate Fluctuations (E3)
Presiding: Francois Gourio (Boston University)
Macroeconomic Risk and Debt Overhang
Hui Chen (Massachusetts Institute of Technology)
Gustavo Manso (University of California-Berkeley)
Distressed, but not risky: Reconciling the empirical relationship between financial distress, market-based risk indicators, and stock returns (and more)
Ali K. Ozdagli (Federal Reserve Bank of Boston)
[Download Preview]
Understanding the Behavior of Distress Stocks
Yasser Boualam (University of Pennsylvania)
Joao Gomes (University of Pennsylvania)
Colin Ward (University of Pennsylvania)
[Download Preview]
Credit Risk and Disaster Risk
Francois Gourio (Boston University)
[Download Preview]
Discussants:
Ian Dew-Becker (Harvard University)
Dirk Hackbarth (University of Illinois-Urbana-Champaign)
Lars Kuehn (Carnegie Mellon University)
Pengfei Wang (Hong Kong University of Science and Technology)
Jan 05, 2013 10:15 am, Hyatt, Randle D
American Economic Association
Economic Analysis of Environmental Policy (Q5)
Presiding: Don Fullerton (University of Illinois)
Measuring the General Equilibrium Benefits of Air Quality Regulation in Small Urban Areas
Constant Tra (University of Nevada-Las Vegas)
Helen Neill (University of Nevada-Las Vegas)
[Download Preview]
Climate Change and U.S. Electric Power
Ian Sue Wing (Boston University)
Karina Veliz Roja (Boston University)
[Download Preview]
Does the Effect of Pollution on Infant Mortality Differ between Developing and Developed Countries? Evidence from Mexico City
Paulina Oliva (University of California-Santa Barbara)
Eva Arceo (CIDE)
Rema Hanna (Harvard University, NBER, and BREAD)
[Download Preview]
The Value of Water in the U.S. Economy: Problems of Basic Inference
Nicholas E. Flores (University of Colorado-Boulder)
[Download Preview]
Discussants:
V. Kerry Smith (Arizona State University)
Catherine Wolfram (University of California-Berkeley)
Janet Currie (Princeton University)
Michael Hanemann (Arizona State University)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom A
American Economic Association
Extreme Wage Inequality: Evidence and Policy Responses (J3)
Presiding: John Van Reenen (London School of Economics)
Extreme Wage Inequality: Pay at the Very Top
Brian Bell (London School of Economics)
John Van Reenen (London School of Economics)
[Download Preview]
Family, Education, and Sources of Wealth Among the Richest Americans, 1982-2012
Steven Kaplan (University of Chicago)
Joshua Rauh (Stanford University)
[Download Preview]
The Evolution of Top Incomes and Top Tax Rates: Evidence and Policy Implications
Emmanuel Saez (University of California-Berkeley)
Bailouts and the Optimal Taxation of Bonus Pay
Timothy Besley (London School of Economics)
Maitreesh Ghatak (London School of Economics)
[Download Preview]
Jan 05, 2013 10:15 am, Hyatt, Manchester A
American Economic Association
Financial Frictions and Real Activity: Lessons from the Crisis (E3)
Presiding: Tobias Adrian (Federal Reserve Bank of New York)
Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-09
Tobias Adrian (Federal Reserve Bank of New York)
Paolo Colla (Bocconi University)
Hyun Song Shin (Princeton University)
[Download Preview]
Corporate Debt Structure and the Financial Crisis
Fiorella De Fiore (European Central Bank)
Harald Uhlig (University of Chicago)
[Download Preview]
Global Banks, Financial Shocks and International Business Cycles: Evidence from an Estimated Model
Robert Kollmann (European Centre for Advanced Research in Economics and Statistics (ECARES), Universite Libre de Bruxelles and CEPR)
[Download Preview]
Aggregate Implications of a Credit Crunch
Francisco Buera (University of California-Los Angeles)
Benjamin Moll (Princeton University)
Discussants:
Vincenzo Quadrini (University of Southern California)
Egon Zakrajsek (Federal Reserve Board)
Skander Van den Heuvel (Federal Reserve Board)
Tim Fuerst (University of Notre Dame)
Jan 05, 2013 10:15 am, Hyatt, Manchester F
American Economic Association
Financial Policies: Lessons from Historical and Long Run Perspectives (G1)
Presiding: William Goetzmann (Yale University)
Financial Innovation in Late-Eighteenth Century Netherlands: The Case of American Land Securities
Rik Frehen (Tilburg University)
William N. Goetzmann (Yale University)
Geert Rouwenhorst (Yale University)
[Download Preview]
A Century of Capital Structure: The Leveraging of Corporate America
John Graham (Duke University)
Mark Leary (Washigton University in St. Louis)
Michael R. Roberts (University of Pennsylvania)
[Download Preview]
A Century of Firm-Bank Relationships: Did Banking Sector Deregulation Spur Firms to Add Banks and Borrow More?
Fabio Braggion (Tilburg University)
Steven Ongena (Tilburg University)
[Download Preview]
Economic Effects of Runs on Early "Shadow Banks": Trust Companies and the Impact of the Panic of 1907
Carola Frydman (Boston University)
Eric Hilt (Wellesley College)
Lily Zhou (Federal Reserve Bank of New York)
[Download Preview]
Discussants:
Peter Koudijs (Stanford University)
Anthony Saunders (New York University)
David Thesmar (HEC Paris)
Stewart Myers (Massachusetts Institute of Technology)
Jan 05, 2013 10:15 am, Hyatt, Edward C
American Economic Association
Gender, Trade and Productivity Shocks (J1)
Presiding: Claudia Olivetti (Boston University)
Offshoring and Firm‐Level Task Composition: Is there a Gender Component?
Giovanni Peri (University of California-Davis)
Jennifer Poole (University of California-Santa Cruz)
[Download Preview]
Gender Empowerment in 19thCentury Sweden: Using Historical Data to Assess the Effects of Trade Shocks on Women's Economic Empowerment
Emilia Simeonova (Tufts University)
Andreas Madestam (Stockholm University)
[Download Preview]
Men, Women, and Machines: How Trade Impacts Gender Inequality
Chinhui Juhn (University of Houston)
Gergely Ujhelyi (University of Houston)
Carolina Villegas-Sanchez (University of Houston)
[Download Preview]
The German ‘Rosie the Riveter’: The Long-Term Effects of Postwar Reconstruction on Female Employment and Family Formation
Melanie Khamis (Wesleyan University)
Mevlude Akbulut-Yuksel (Dalhousie University, IZA, and HICH)
Mutlu Yuksel (Dalhousie University and IZA)
[Download Preview]
Discussants:
Gordon B. Dahl (University of California-San Diego)
Melissa A. Thomasson (Miami University of Ohio)
David Dorn (CEMFI)
Claudia Olivetti (Boston University)
Jan 05, 2013 10:15 am, Hyatt, Manchester B & C
American Economic Association
Health Insurance and Government Mandates: A Session to Honor Amy Finkelstein, John Bates Clark Medalist for 2012 (I1) (Panel Discussion)
Panel Moderator: Amitabh Chandra (Harvard University)
Amy Finkelstein (Massachusetts Institute of Technology)
Martin Feldstein (Harvard University)
Jonathan Gruber (Massachusetts Institute of Technology)
Jonathan Skinner (Dartmouth College)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Household Heterogeneity, Business Cycles, and Monetary Policy (E2)
Presiding: Yuriy Gorodnichenko (University of California-Berkeley)
Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence
Eric Sims (University of Notre Dame and NBER)
Rudi Bachmann (RWTH Aachen University, University of Michigan, NBER, CESifo, and Ifo Institute)
Tim O. Berg (Ifo Institute)
Monetary Policy and Inequality in the US
Olivier Coibion (College of William and Mary and NBER)
Yuriy Gorodnichenko (University of California-Berkeley and NBER)
Lorenz Kueng (University of California-Berkeley and NBER)
John Silvia (Wells Fargo Bank)
[Download Preview]
Income Inequality and Current Account Imbalances
Michael Kumhof (International Monetary Fund)
Claire Lebarz (Paris School of Economics)
Romain Ranciere (Paris School of Economics and International Monetary Fund)
Alexander W. Richter (Indiana University)
Nathaniel A. Throckmorton (Indiana University)
[Download Preview]
Intergenerational Redistribution in the Great Recession
Andrew Glover (University of Texas-Austin)
Jonathan Heathcote (Federal Reserve Bank of Minneapolis and CEPR)
Dirk Krueger (CEPR, University of Pennsylvania, and NBER)
Jose-Victor Rios-Rull (University of Minnesota, Federal Reserve Bank of Minneapolis, CEPR, and NBER CAERP)
[Download Preview]
Discussants:
William A. Branch (University of California-Irvine)
James K. Galbraith (University of Texas-Austin)
Menzie Chinn (University of Wisconsin)
Martin Schneider (Stanford University)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom F
American Economic Association
International Macroeconomics (F3)
Presiding: David Backus (New York University)
The Real Exchange Rate, Real Interest Rates, and the Risk Premium
Charles Engel (University of Wisconsin)
[Download Preview]
Evaluating International Consumption Risk Sharing Gains: An Asset Return View
Karen Lewis (University of Pennsylvania)
Edith Liu (Cornell University)
[Download Preview]
BKK the EZ Way: An International Production Economy with Recursive Preferences
Riccardo Colacito (University of North Carolina)
Max Croce (University of North Carolina)
Steve Ho (University of North Carolina)
Philip Howard (University of North Carolina)
[Download Preview]
The Share of Systematic Risk in Bilateral Exchange Rates
Adrien Verdelhan (Massachusetts Institute of Technology)
[Download Preview]
Discussants:
Nick Roussanov (University of Pennsylvania)
Matteo Maggiori (New York University)
David Backus (New York University)
Martin Evans (Georgetown University)
Jan 05, 2013 10:15 am, Hyatt, Manchester D
American Economic Association
Macro/International Finance (F4) (Poster Session)
Presiding: P.J. Glandon (Kenyon College)
Rating Systems and Procyclicality, an Evaluation in a DSGE Framework
Li Lin (University of Oxford)
[Download Preview]
New Disaggregated Data on Flow of Funds and Economic Activity in the United States, 1816-1910, from the US Postal System
Robert W. Dimand (Brock University)
Terence M. Hines (Pace University)
Thomas Velk (McGill University)
Olivia Gong (McGill University)
[Download Preview]
Native students and the gains from exporting higher education: evidence from Australia
Li Zhou (University of Alberta)
[Download Preview]
Unexceptional Exporter Performance in China? The Role of Processing Trade
Mi Dai (Peking University)
Miaojie Yu (Peking University)
Madhura Maitra (Columbia University)
Saving the Euro: Mitigating Financial or Trade Spillovers?
Stijn Claessens (IMF)
Hui Tong (IMF)
Igor Zuccardi (University of Maryland)
[Download Preview]
Stealing to Survive? Crime and Income Shocks in 19th Century France
Vincent Bignon (Bank of France)
Eve Caroli (Paris School of Economics)
Roberto Galbiati (Sciences Po and CNRS)
[Download Preview]
Costly Information Processing and Consumption Behavior
Michael Peters (Massachusetts Institute of Technology)
Stefan Hoderlein (Boston College)
[Download Preview]
Macroprudential Policy: Its Effects and Relationship to Monetary Policy
Hyunduk Suh (Indiana University and Federal Reserve Bank of Philadelphia)
[Download Preview]
Determining the Peak and Trough of State Economic Activity
Anika R. Khan (Wells Fargo)
Azhar Iqbal (Wells Fargo)
John Silvia (Wells Fargo)
Mark Vitner (Wells Fargo)
Sarah Watt (Wells Fargo)
[Download Preview]
The Impact of Interlinked Index Insurance and Credit Contracts on Financial Market Deepening and Small Farm Productivity
Michael R. Carter (University of California, Davis)
Lan Cheng (University of California, Davis)
Alexander Sarris (University of Athens)
[Download Preview]
Does Monetary Policy Matter in China? A Narrative Approach
Rongrong Sun (University of Wuppertal)
[Download Preview]
Mastering the Great Recession in Germany: Determinants of Working Time Accounts Use to Safeguard Employment during the Global Economic Crisis
Alexander Herzog-Stein (WSI in the Hans-Boeckler-Foundation)
Ines Zapf (Institute for Employment Research (IAB))
Why did Household Mortgage Leverage Rise from the mid-1980s until the Great Recession?
Sheharyar Bokhari (Massachusetts Institute of Technology)
Walter Torous (University of California Los Angeles)
William Wheaton (Massachusetts Institute of Technology)
[Download Preview]
Real Business Cycles with a Human Capital Investment Sector and Endogenous Growth: Persistence, Volatility and Labor Puzzles
Jing Dang (SGCC)
Max Gillman (Cardiff Business School)
Michal Kejak (CERGE-EI)
[Download Preview]
Jan 05, 2013 10:15 am, Hyatt, Emma C
American Economic Association
Pricing Behavior (D4)
Presiding: Viplav Saini (Oberlin College)
Time- and State-Dependent Pricing: A Unified Framework
Marco Bonomo (Getulio Vargas Foundation)
Carlos Carvalho (PUC-Rio)
Rene Garcia (EDHEC Business School)
[Download Preview]
Asymmetries in Price-Setting Behavior: New Microeconometric Evidence from Switzerland
Bo Honore (Princeton University)
Daniel Kaufmann (Swiss National Bank)
Sarah Lein (Swiss National Bank)
[Download Preview]
Selection and Monetary Non-Neutrality in Time-Dependent Pricing Models
Carlos Carvalho (PUC-Rio)
Felipe Schwartzman (Federal Reserve Bank of Richmond)
[Download Preview]
Asset Pricing in Production Economies with Extrapolative Expectations
David Hirshleifer (University of California-Irvine)
Jianfeng Yu (University of Minnesota)
[Download Preview]
Jan 05, 2013 10:15 am, Hyatt, Manchester H & I
American Economic Association
Reflections on the 100th Anniversary of the Federal Reserve (E5)
Presiding: Alan Blinder (Princeton University)
Time Consistency and Too Big to Fail
Robert E. Lucas, Jr. (University of Chicago)
Shifting Mandates: The Federal Reserve’s First Centennial
Carmen Reinhart (Harvard University)
Kenneth Rogoff (Harvard University)
[Download Preview]
The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter
Christina D. Romer (University of California-Berkeley)
David H. Romer (University of California-Berkeley)
[Download Preview]
Discussants:
Alan S. Blinder (Princeton University)
Charles Plosser (Federal Reserve Bank of Philadelphia)
Donald Kohn (Brookings Institution)
Jan 05, 2013 10:15 am, Hyatt, Molly A & B
American Economic Association
Secrecy and Innovation (O3)
Presiding: Ivan Png (National University of Singapore)
Innovation Beyond Patents: Technological Complexity as a Protection against Imitation
Emeric Henry (Sciences Po)
Francisco Ruiz-Aliseda (Ecole Polytechnique)
The Importance (or Not) of Patents to UK Firms
Bronwyn Hall (University of California-Berkeley)
Christian Helmers (Universidad Carlos III de Madrid)
Vania Sena (Essex Business School)
An Ear for your Quote. Patent Citations and the Size of Patented Inventions - Evidence from Hybrid Corn.
Petra Moser (Stanford University)
Paul Rhode (University of Michigan)
[Download Preview]
Title: Trade Secrets, Non-Competes, and Mobility of Engineers and Scientists: Empirical Evidence
Ivan P. Png (National University of Singapore)
[Download Preview]
Discussants:
Emeric Henry (Sciences Po)
Francisco Ruiz-Aliseda (Ecole Polytechnique)
Christian Helmers (Universidad Carlos III de Madrid)
Petra Moser (Stanford University)
Ivan P. Png (National University of Singapore)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Structural Behavioral Economics (D0)
Presiding: Stefano DellaVigna (University of California-Berkeley)
What Goes Up Must Come Down? Experimental Evidence on Intuitive Forecasting
John Beshears (Stanford University)
James J. Choi (Yale University)
Andreas Fuster (Federal Reserve Bank of New York)
David I. Laibson (Harvard University)
Brigitte C. Madrian (Harvard University)
[Download Preview]
Heterogeneity, Market Structure, and the Effect of Inattention in Used Vehicle Markets
Meghan Busse (Northwestern University)
Nicola Lacetera (University of Toronto)
Devin Pope (University of Chicago)
Jorge Silva-Risso (University of California-Riverside)
Justin Sydnor (University of Wisconsin-Madison)
Distinguishing Probability Weighting from Risk Misperceptions in Field Data
Levon Barseghyan (Cornell University)
Francesca Molinari (Cornell University)
Ted O'Donoghue (Cornell University)
Joshua Teitelbaum (Georgetown Law School)
The Importance of Being Marginal: Gender Differences in Generosity
Stefano DellaVigna (University of California-Berkeley)
John A. List (University of Chicago)
Ulrike Malmendier (University of California-Berkeley)
Gautam Rao (University of California-Berkeley)
Discussants:
Ulrike Malmendier (University of California-Berkeley)
Dan Silverman (Arizona State University)
Benjamin Handel (University of California-Berkeley)
Xavier Gabaix (New York University)
Jan 05, 2013 10:15 am, Hyatt, Ford C
American Economic Association
Technological Change (O3)
Presiding: Arthur Diamond (University of Nebraska-Omaha)
Credit Crunches, Asset Prices and Technological Change
Raoul Minetti (Michigan State University)
Luis Araujo (Michigan State University)
[Download Preview]
Heterogeneous Technology Diffusion and Ricardian Trade Patterns
William R. Kerr (Harvard University)
[Download Preview]
A Dynamic Adoption Model with Bayesian Learning: An Application to U.S. Soybean Farmers
Xingliang Ma ((International Food Policy Research Institute)
Guanming Shi (University of Wisconsin-Madison)
[Download Preview]
Moore's Law Goes Multicore: The Economic and Strategic Consequences of a Fundamental Change in How Computers Work
Neil C. Thompson (University of California-Berkeley)
Technological Innovation, Resource Allocation, and Growth
Dimitris Papanikolaou (Northwestern University)
Leonid Kogan (Massachusetts Institute of Technology)
Amit Seru (University of Chicago)
Noah Stoffman (Indiana University)
[Download Preview]
Jan 05, 2013 10:15 am, Hyatt, Maggie
American Economic Association
Trouble at the Bar: Improving Resource Allocation in Law (K3)
Presiding: Gillian Hadfield (University of Southern California)
The Hidden Quartile: Disclosing High-Risk Matriculations in Law School
Ian Ayres (Yale Law School)
An Exploratory Study of the Pricing of Legal Services
Clifford Winston (Brookings Institution)
Vikram Maheshri (University of Houston)
[Download Preview]
Improving the Bar by Lowering the Bar: Licensing Difficulty and Attorney Quality in Japan
J. Mark Ramseyer (Harvard Law School)
Eric B. Rasmusen (Indiana University)
[Download Preview]
Discussants:
Roger G. Noll (Stanford University)
Morris Kleiner (University of Minnesota)
Jan 05, 2013 10:15 am, Hyatt, Edward A & B
American Economic Association
Youth Behavior (J1)
Presiding: Rebecca Judge (St. Olaf College)
Peer Effects in Microenvironments: The Benefits of Homogeneous Classroom Groups
Fangwen Lu (Renmin University of China)
Michael Anderson (University of California-Berkeley)
[Download Preview]
Do Cell Phone Restrictions Reduce Fatal Crashes Involving Young Drivers?
Siew Hoon Lim (North Dakota State University)
Junwook Chi (University of Hawaii-Manoa)
Making the Grade: The Impact of Classroom Behavior on Academic Achievement
Jeffrey Weinstein (Syracuse University)
Kalena Cortes (Texas A&M University)
Wael Moussa (Syracuse University)
Jan 05, 2013 10:15 am, Hyatt, Elizabeth Ballroom C
Association of Environmental & Resource Economists/American Economic Association
Designing a US Carbon Tax (Q4) (Panel Discussion)
Panel Moderator: Alan Krupnick (Resources for the Future)
Joe Aldy (Harvard University)
Lawrence Goulder (Stanford University)
Ian W.H. Parry (International Monetary Fund)
William Pizer (Duke University)
Roberton Williams (University of Maryland and Resources for the Future)
Jan 05, 2013 10:15 am, Marriott, Miramar
Association of Financial Economists/American Economic Association
Covenants, Leverage and Banks (G2)
Presiding: Lemma Senbet (University of Maryland)
CEO Compensation and Covenant Violations
Bill B. Francis (Rensselaer Polytechnic Institute)
Iftekhar Hasan (Fordham University)
Xian Sun (Johns Hopkins University)
Bank Regulatory Capital Buffer and Liquidity: Evidence from U.S. and European Publicly Traded Banks
Isabelle Distinguin (Université de Limoges)
Caroline Roulet (OECD)
Amine Tarazi (Université de Limoges)
The Relation between Bank Credit-Risk Management Procedures and Originate-to-Distribute Mortgage Quality during the Financial Crises
Gauri Bhat (Washington University)
Jian Cai (Fordham University)
Richard Frankel (Washington University)
Xiumin Martin (Washington University)
Rethinking the Speed of Adjustment toward a Target Capital Structure: A Cost-Benefit Analysis
Brian Clark (Office of the Comptroller of the Currency)
Discussants:
Chenyang (Jason) Wei (American International Group)
Iikka Korhonen (Bank of Finland)
Akhtar Siddique (Office of the Comptroller of the Currency)
Mingming Zhou (University of Colorado-Colorado Springs)
Jan 05, 2013 10:15 am, Marriott, San Diego Ballroom C
Society for Policy Modeling/American Economic Association
From G7 to G20 (F4)
Presiding: Dominick Salvatore (Fordham University)
How Does the Rise of Emerging Economies Change the World Macroeconomy?
Olivier Blanchard (International Monetary Fund)
Reviving Growth in the G7 and the G20
Dale Jorgenson (Harvard University)
Global Infrastructure Initiative and Global Recovery
Justin Yifu Lin (Peking University)
The Shift from G7 to G20 Increased Swings in Major Exchange Rates and Worsened Their Options
Robert Mundell (Columbia University)
Discussants:
Dominick Salvatore (Fordham University)
Jan 05, 2013 10:15 am, Marriott, Coronado Room
Union for Radical Political Economists/American Economic Association
Inequality in America: Contending Theories (D3)
Presiding: Fred Moseley (Mount Holyoke College)
How Much, If At All, Does Skill-Biased Technical Change Drive Wage Inequality?
Lawrence Mishel (Economic Policy Institute)
Heidi Shierholz (Economic Policy Institute)
Power, luck and ideology -- technological and institutional parameters of the agency problem for CEOs
Peter Skott (University of Massachusetts-Amherst)
Fredrick Guy (Birkbeck College, University of London)
[Download Preview]
A Class-Based Explanation of Increasing Income Inequality
Simon Mohun (Queen Mary, University of London)
Discussants:
David H. Autor (Massachusetts Institute of Technology)
Frank Levy (Massachusetts Institute of Technology)
Mark Thoma (University of Oregon)
Jan 05, 2013 12:30 pm, Hyatt, Elizabeth Ballroom D & E
American Economic Association
Nobel Laureate Luncheon
Presiding: Claudia Goldin (Harvard University)
Thomas Sargent (New York University)
Christopher A. Sims (Princeton University)
Jan 05, 2013 12:30 pm, Hyatt, Edward C
International Association for Energy Economics/American Economic Association
The Future of Energy: Markets, Technology and Policy (Q4)
Presiding: Kenneth Medlock III (Rice University)
The Future Role of Energy Efficiency and Technology
Jim Sweeney (Stanford University)
Comprehensive Tax Reform and Energy Policy
Dale Jorgenson (Harvard University)
Competition of Fuels and the Outlook for Oil and Gas
Adam Sieminski (U.S. Energy Information Administration)
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom A
American Economic Association
Capital Controls and the International Monetary System (F3)
Presiding: Carmen Reinhart (Harvard University)
Dealing with the Trilemma: Capital Controls and Government Spending
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
Capital Controls and Currency Wars
Anton Korinek (University of Maryland)
[Download Preview]
Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
Kristin Forbes (Massachusetts Institute of Technology)
Marcel Fratzscher (European Central Bank)
Thomas Kostka (European Central Bank)
Roland Straub (European Central Bank)
[Download Preview]
Multilateral Aspects of Managing the Capital Account
Jonathan D. Ostry (International Monetary Fund)
Atish R. Ghosh (International Monetary Fund)
Anton Korinek (University of Maryland)
[Download Preview]
Discussants:
Robert Kollmann (Universite Libre de Bruxelles)
Nicolas Coeurdacier (SciencesPo)
Sebnem Kalemli-Ozcan (University of Maryland)
Jeromin Zettelmeyer (European Bank for Reconstruction and Development)
Jan 05, 2013 2:30 pm, Hyatt, Manchester E
American Economic Association
Determinants of Time Preferences (D9)
Presiding: David I. Laibson (Harvard University)
The Effect of Education on Time Preferences
Francisco Perez-Arce (RAND)
[Download Preview]
Working Over Time: Dynamic Inconsistency in Real Effort Taks
Ned Augenblick (University of California-Berkeley)
Muriel Niederle (Stanford University)
Charles Sprenger (Stanford University)
The Effects of Savings on Risk-Taking and Intertemporal Choice Behavior: Evidence from a Randomized Experiment
Leandro Carvalho (RAND)
Silvia Prina (Case Western Reserve University)
Justin Sydnor (University of Wisconsin)
Cognitive Limits, Apparent Impatience, and Monthly Consumption Cycles: Theory and Evidence from the South African Pension
Dean Spears (Princeton University)
[Download Preview]
Discussants:
David I. Laibson (Harvard University)
Daniel Silverman (University of Michigan)
Shane Frederick (Yale University)
Stefano DellaVigna (University of California-Berkeley)
Jan 05, 2013 2:30 pm, Hyatt, Manchester D
American Economic Association
Economics Education Poster Session (A2) (Poster Session)
Presiding: Steven L. Cobb (University of North Texas)
Staying Relevant: The Best Media for Teaching and Learning Economics in the Last Five Years
G. Dirk Mateer (Pennsylvania State University)
Kim Holder (University of West Georgia)
Competitive Analysis for a Firm Using Current Market Conditions
Brian W. Sloboda (University of Phoenix and U.S. Postal Service)
Areerat Kichkha (Southern Illinois University-Carbondale)
Interactive Lecture Demonstrations: Getting to the Reflection Step
Rochelle Ruffer (Nazareth College)
Mark Maier (Glendale Community College)
The Use of Service Learning Projects to Teach Introductory Consumer Economics
Rod D. Raehsler (Clarion University)
Enhancing Teachers' Classroom Effectiveness in Economics: GIGEL as an Alternative Model
Joseph C. Onuoha (University of Nigeria)
Njideka D. Eneogu (University of Nigeria)
Using Competition as a Pedagogical Device in Large Principles of Economics Classes
Peter F. Orazem (Iowa State University)
Creating Connections: Exploring Economic Issues through Cyclic Concept Mapping
Njideka D. Eneogu (University of Nigeria)
Joseph C. Onuoha (University of Nigeria)
A Futures Trading Project to Promote Active Learning in Agricultural Economics Courses
Max St. Brown (Washington State University)
Jared Woolstenhulme (Washington State University)
[Download Preview]
Market Making with i-clikers
Elisabeth Oltheten (University of Illinois-Urbana-Champaign)
Virginia Grace France (University of Illinois-Urbana-Champaign)
Learning by Doing: Getting Students to "Discover" Answers
Ranganath Murthy (Western New England University)
Using Newspaper Articles and Documentary Films for Applications in Principles of Economics Courses
Elizabeth Breitbach (University of Nebraska-Lincoln)
[Download Preview]
The Labour Market
Marilyn Cottrell (Brock University, Canada)
Rent-A-Car: Teaching Managerial Economics with a Team-Based Interactive Case Study
Dmitriy Chulkov (Indiana University-Kokomo)
Dmitri Nizovtsev (Washburn University)
[Download Preview]
What Works in Principles of Macro Classes: Enrollment 700 or Enrollment 30
Martha L. Olney (University of California-Berkeley)
Learning about the Economic Impact of a Sports Arena
John F.R. Harter (Eastern Kentucky University)
Cheat Sheet: Is It Worth It? The Effectiveness of the Quality of Cheat Sheet Used in Undergraduate Econometrics Courses
Leila Farivar (Ohio State University)
Power-Up Smartphones to Access Knowledge and Electrify Class Participation
Howard H. Cochran, Jr. (Belmont University)
Marieta Velikova (Belmont University)
[Download Preview]
Using Creative Video Clips Projects as Active Learning, Strategies in Economics Courses
Jennjou Chen (National Chengchi University)
Tsui-Fang Lin (National Taipei University)
Revise and Resubmit: Using Exams as Teaching Tools
Kathryn Birkeland (University of South Dakota)
Teaching Intermediate Microeconomics in "The Inside-Out Classroom"
James Bruehler (Eastern Illinois University)
Linda S. Ghent (Eastern Illinois University)
Alan Grant (Baker University)
[Download Preview]
Employing Regional Survey Data in Teaching Students on the Price Index Calculation and Cost of Living Concept
Maureen Dunne (Framingham State University)
Donald MacRitchie (Framingham State University)
Martha Meaney (Framingham State University)
Fahlino Sjuib (Framingham State University)
Uisng Extra Credit in a Student Game Theory Simulation
Jamie Volz (University of Nebraska-Lincoln)
[Download Preview]
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom F
American Economic Association
Economics of the Internet (D1)
Presiding: Hal Varian (Google)
How Video Rental Patterns Change as Consumers Move Online
Alejandro Zentner (University of Texas-Dallas)
Michael D. Smith (Carnegie Mellon University)
Cuneyd Kaya (University of Texas-Dallas)
[Download Preview]
Consumer Tracking and Efficient Matching in Online Advertising Markets
Susan Athey (Harvard University)
Joshua Gans (University of Toronto)
Emilio Calvano (Bocconi University)
[Download Preview]
Supply-Side Responses to Privacy Protection
Avi Goldfarb (University of Toronto)
Catherine Tucker (Massachusetts Institute of Technology)
[Download Preview]
Discussants:
Feng Zhu (University of Southern California)
Hal R. Varian (Google)
Jeffrey Prince (Indiana University)
Jan 05, 2013 2:30 pm, Hyatt, Ford A
American Economic Association
Effects of Education and Access to Education (I2)
Presiding: Peter McHenry (College of William & Mary)
The Short-Term Effects of the Kalamazoo Promise Scholarship on Student Outcomes
Marta Lachowska (Upjohn Institute and Stockholm University)
Timothy J. Bartik (Upjohn Institute)
[Download Preview]
Technology and Child Development: Evidence from the One Laptop Per Child Program
Julian Cristia (Inter-American Development Bank)
Pablo Ibarraran (Inter-American Development Bank)
Santiago Cueto (Grupo de Apoyo para el Desarrollo)
Ana Santiago (Inter-American Development Bank)
Eugenio Severin (Inter-American Development Bank)
[Download Preview]
The Effect of Early-Life Education on Later-Life Mortality
Dan A. Black (University of Chicago)
Yu-Chieh Hsu (NORC, University of Chicago)
Lowell J. Taylor (Carnegie Mellon University)
[Download Preview]
The effect of education on old age health and cognitive abilities - does the instrument matter?
Fabrizio Mazzonna (Max Planck Institute for Social Law and Social Policy)
[Download Preview]
Wise Up: Get Educated, Quit Smoking
Adam Cook (University at Buffalo)
[Download Preview]
Looking Beyond Enrollment: The Causal Effect of Need-Based Grants on College Access, Persistence, and Graduation
Benjamin L. Castleman (Harvard University)
Bridget Terry Long (Harvard University)
[Download Preview]
Jan 05, 2013 2:30 pm, Hyatt, Edward A & B
American Economic Association
Financial Economic History (N1)
Presiding: Matthew Jaremski (Colgate University)
When Did the Dollar Overtake Sterling as the Leading International Currency? Evidence from the Bond Markets
Livia Chitu (European Central Bank)
Barry Eichengreen (University of California-Berkeley)
Arnaud Jerome Mehl (European Central Bank)
[Download Preview]
Politics on the Road to the U.S. Monetary Union
Peter L. Rousseau (Vanderbilt University)
[Download Preview]
Keynes the Stock Market Investor
David Chambers (Cambridge Judge Business School)
Elroy Dimson (London Business School)
[Download Preview]
Identifying Fiscal Policy (In)effectiveness from the Differential Adoption of Keynesianism in the Interwar Period
Gregor W. Smith (Queen's University)
Nicolas-Guillaume Martineau (Universite de Sherbrooke)
[Download Preview]
Income Taxation and Business Incorporation: Evidence from the Early Twentieth Century
Li Liu (University of Oxford)
[Download Preview]
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom G
American Economic Association
Global Macro Policy and the Great Recession (F4)
Presiding: Matthew Shapiro (University of Michigan)
The mystique surrounding the central bank's balance sheet, applied to the European crisis
Ricardo Reis (Columbia University)
[Download Preview]
Output Spillovers from Fiscal Policy
Alan J. Auerbach (University of California-Berkeley)
Yuriy Gorodnichenko (University of California-Berkeley)
[Download Preview]
Forecasting the Great Recession: This Time is Different
Kathryn Dominguez (University of Michigan)
Matthew Shapiro (University of Michigan)
Discussants:
Anil Kashyap (University of Chicago)
Harald Uhlig (University of Chicago)
Allen Sinai (Decision Economics)
Jan 05, 2013 2:30 pm, Hyatt, Gregory A & B
American Economic Association
Health Economics in Developing Countries (I1)
Presiding: Shelley White-Means (University of Tennessee)
When to Invest in Early Childhood: Medium-Term Effects of the Nicaraguan Conditional Cash Transfer on Cognitive Functioning and Educational Attainment
Tania Barham (University of Colorado-Boulder)
Karen Macours (Paris School of Economics)
John Maluccio (Middlebury College)
[Download Preview]
Can the Major Public Works Program in India Serve as Buffer against Negative Shocks? A Panel Study from Andhra Pradesh, India
Aparajita Dasgupta (University of California-Riverside)
[Download Preview]
Adult Antiretroviral Therapy and Child Health: Evidence from Scale-up in Zambia
Adrienne M. Lucas (University of Delaware)
Nicholas L. Wilson (Williams College)
[Download Preview]
Women's Land Rights and Child Well-Being in Vietnam
Nidhiya Menon (Brandeis University)
Yana van der Meulen Rodgers (Rutgers University)
[Download Preview]
Discussants:
Adriana Lleras-Muney (University of California-Los Angeles)
Erica Field (Duke University)
Frank Sloan (Duke University)
Marjorie B. McElroy (Duke University)
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom H
American Economic Association
Heterogeneity of Income Responses to Taxation (H2)
Presiding: Len Burman (Syracuse University)
How the Rich Respond to Tax Rate Increases: Evidence from High-Income Taxpayer Responses to the 1993 Tax Act
Gerald Auten (U.S. Treasury Department)
Laura Kawano (U.S. Treasury Department)
[Download Preview]
Taxes and the Size and Composition of Executive Compensation
Seth Giertz (University of Nebraska)
Nada Eissa (Georgetown University)
William Jack (Georgetown University)
Jake Mortenson (Georgetown University)
Heterogeneity in the Tax Elasticity of Capital Gains
Tim Dowd (Joint Committee on Taxation)
Robert McClelland (Congressional Budget Office)
Athiphat Muthitacharoen (Congressional Budget Office)
The Fixed-Bracket Average Treatment Effect: A Constructive Alternative to LATE Analysis for Tax Policy
Caroline Weber (University of Oregon)
[Download Preview]
Discussants:
Len Burman (Syracuse University)
Jon Bakija (Williams College)
Jeff Larrimore (Joint Committee on Taxation)
David Joulfaian (U.S. Treasury Department)
Jan 05, 2013 2:30 pm, Hyatt, Manchester F
American Economic Association
HIV and Behavior Change (I1)
Presiding: Douglas Miller (University of California-Davis)
HIV Risk and Adolescent Behaviors in Africa
Anne Case (Princeton University)
Christina Paxson (Princeton University)
Learning from Others' HIV Testing: Updating Beliefs and Responding to Risk
Susan Godlonton (University of Michigan)
Rebecca Thornton (University of Michigan)
Do Sex Workers Respond to Disease? Evidence from the Male Market for Sex
Manisha Shah (University of California-Irvine and NBER)
Discussants:
Emily Oster (University of Chicago)
Paul Gertler (University of California-Berkeley)
Dana P. Goldman (University of Southern California)
Jan 05, 2013 2:30 pm, Hyatt, Randle D
American Economic Association
Intangible Capital and Asset Prices (G1)
Presiding: Hengjie Ai (Duke University)
Organization Capital and the Cross-Section of Expected Returns
Andrea Eisfeldt (University of California-Los Angeles)
Dimitris Papanikolaou (Northwestern University)
[Download Preview]
Customer Capital
Francois Gourio (Boston University)
Leena Rudanko (Boston University)
[Download Preview]
Intangible Assets and Cross-Sectional Stock Returns: Evidence from Structural Estimation
Laura Liu (Hong Kong University of Science & Technology)
Erica Li (University of Michigan-Ann Arbor)
[Download Preview]
Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital
Hengjie Ai (Duke University)
Mariano Croce (University of North Carolina)
Kai Li (Duke University)
Discussants:
Lu Zhang (Ohio State University)
Leonid Kogan (Massachusetts Institute of Technology)
Joao Gomes (University of Pennsylvania)
John Heaton (University of Chicago)
Jan 05, 2013 2:30 pm, Hyatt, Manchester H & I
American Economic Association
International Policy Coordination (F4)
Presiding: Dominick Salvatore (Fordham University)
International Policy Coordination in the Eurozone
Martin Feldstein (Harvard University)
[Download Preview]
International Policy Coordination and Transmission
Robert Mundell (Columbia University)
International Macroeconomic Policy Coordination with Debt Overhang
Kenneth Rogoff (Harvard University)
International Monetary Coordination and the Great Deviation
John B. Taylor (Stanford University)
[Download Preview]
International Policy Coordination in the Euro Area: Towards an Economic and Financial Federation
Jean-Claude Trichet (Banque de France)
Discussants:
Dominick Salvatore (Fordham University)
Martin Feldstein (Harvard University)
Robert Mundell (Columbia University)
Kenneth Rogoff (Harvard University)
John B. Taylor (Stanford University)
Jean-Claude Trichet (Banque de France)
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom B
American Economic Association
International Trade and Labor Markets (F2)
Presiding: Gordon Hanson (University of California-San Diego and NBER)
A Trapped Factor Model of Innovation
Nicholas A. Bloom (Stanford University and NBER)
Paul Romer (Stanford University and NBER)
Stephen Terry (Stanford University)
John Van Reenen (London School of Economics and NBER)
Sources of Wage Inequality
Anders Akerman (Stockholm University)
Elhanan Helpman (Harvard University and NBER)
Oleg Itskhoki (Princeton University and NBER)
Marc Muendler (University of California-San Diego and NBER)
Stephen Redding (Princeton University and NBER)
The Geography of Trade and Technology Shocks in the United States
David H. Autor (Massachusetts Institute of Technology and NBER)
David Dorn (CEMFI and IZA)
Gordon H. Hanson (University of California-San Diego and NBER)
[Download Preview]
Discussants:
Charles Jones (Stanford University and NBER)
Jonathan Eaton (Pennsylvania State University and NBER)
Lawrence Katz (Harvard University and NBER)
Jan 05, 2013 2:30 pm, Hyatt, Manchester A
American Economic Association
Labor Market Networks (J2)
Presiding: Patrick Bayer (Duke University)
Why Don't Women Get Job Referrals? Evidence from a Recruitment Experiment in Malawi
Lori Beaman (Northwestern University)
Jeremy Magruder (University of California-Berkeley)
Niall Keleher (Innovations for Poverty Action)
Do Labor Market Networks Have An Important Spatial Dimension?
Judith K. Hellerstein (University of Maryland)
Mark J. Kutzbach (U.S. Census Bureau)
David Neumark (Univesity of California-Irvine)
Workplace Agglomeration and Social Network Segregation: Labor Market Returns by Race.
Elizabeth Ananat (Duke University)
Shihe Fu (Xiamen University)
Stephen L. Ross (University of Connecticut)
Peer Effects in Program Participation
Gordon B. Dahl (University of California-San Diego)
Katrine Loken (University of Bergen)
Magne Mogstad (University College London, Statistics Norway and ESOP)
[Download Preview]
Discussants:
Adriana Kugler (Georgetown University)
Giorgio Topa (Federal Reserve Bank of New York)
Kevin Lang (Boston University)
Alexandre Mas (Princeton University)
Jan 05, 2013 2:30 pm, Hyatt, Manchester B & C
American Economic Association
Models or Muddles: How the Press Covers Economics and the Economy (A0) (Panel Discussion)
Panel Moderator: Alan Blinder (Princeton University)
Tyler Cowen (George Mason University)
Adam Davidson (National Public Radio and New York Times)
Kelly Evans (CNBC)
Chrystia Freeland (Reuters)
David Wessel (Wall Street Journal)
Jan 05, 2013 2:30 pm, Hyatt, Molly A & B
American Economic Association
Plan Choice and Switching Costs in Health Insurance Market (I1)
Presiding: Yuting Zhang (University of Pittsburgh)
Choosing Prescription Drug Plans: Do Elders Get Better Over Time?
Jason Todd Abaluck (Yale University)
Jonathan Gruber (Massachusetts Institute of Technology)
Measuring Switching Costs in the Medicare Prescription Drug Insurance Market
Chao Zhou (University of Pittsburgh)
Yuting Zhang (University of Pittsburgh)
Health Plan Response to Risk Adjustment: Evidence from Medicare Advantage Enrollment and Disenrollment
M. Kate Bundorf (Stanford University)
Information Frictions and the Welfare Consequences of Adverse Selection
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
[Download Preview]
Discussants:
Cameron M. Kaplan (University of Pittsburgh)
Liran Einav (Stanford University)
Kosali Simon (Indiana University)
Amanda Kowalski (Yale University)
Jan 05, 2013 2:30 pm, Hyatt, Randle E
American Economic Association
The Impact of Cash Transfer Programs on Environmental Outcomes in Developing Countries (Q5)
Presiding: Annette Brown (International Initiative for Impact Evaluation (3ie))
The Leakage and Livelihood Impacts of Payments for Environmental Services: Evidence from Malawi
Kelsey Jack (Tufts University)
Impacts of Conditional versus Unconditional Transfers on Livelihood and Conservation Outcomes
Erwin Bulte (Wageningen University)
Andreas Kontoleon (University of Cambridge)
John A. List (University of Chicago)
Ty Turley (University of Chicago)
Maarten Voors (Wageningen University)
Two-Dimensional Evaluation: The Environmental and Socioeconomic Impacts of Mexico's Payments for Hydrological Services Program
Jennifer Alix-Garcia (University of Wisconsin-Madison)
Katharine Sims (Amherst College)
Patricia Yanez-Pagans (University of Wisconsin-Madison)
Volker Radeloff (University of Wisconsin-Madison)
Elizabeth Shapiro (Duke University)
[Download Preview]
Effects of Payment for Environmental Services and Decentralized Forest Management on Environmental and Human Welfare Outcomes: A Systematic Review of the Evidence
Larry Chavis (University of North Carolina-Chapel Hill)
Parashar Kulkarni (New York University)
Laura Paler (Center for Global Development)
Cyrus Samii (New York University)
Birte Snilstveit (International Initiative for Impact Evaluation (3ie))
Discussants:
Thomas de Hoop (International Initiative for Impact Evaluation (3ie))
Annette Brown (International Initiative for Impact Evaluation (3ie))
Jennifer Alix-Garcia (University of Wisconsin-Madison)
Maarten Voors (Wageningen University)
Kelsey Jack (Tufts University)
Jan 05, 2013 2:30 pm, Hyatt, Emma A & B
American Economic Association
The Impacts of Great Society Programs (N3)
Presiding: Gavin Wright (Stanford University)
Valuing the Vote: the Redistribution of voting rights and state funds Following the Voting Rights Act of 1965
Ebonya Washington (Yale University)
Elizabeth Cascio (Dartmouth College)
[Download Preview]
The War on Poverty's Experiment in Public Medicine: Community Health Centers and the Mortality of Older Americans
Martha Bailey (University of Michigan)
Andrew Goodman-Bacon (University of Michigan)
[Download Preview]
The 1966 FLSA Amendments, Hospital Costs and Employment, and Medicare
Kenneth Chay (Brown University)
Shailender Swaminathan (Brown University)
School Quality and the Long-Run Effects of Head Start
Rucker Johnson (University of California-Berkeley)
Discussants:
Amitabh Chandra (Harvard University)
Robert Margo (Boston University)
David Deming (Harvard University)
Jordan Matsudaira (Cornell University)
Jan 05, 2013 2:30 pm, Hyatt, Elizabeth Ballroom C
American Economic Association
Whither Affirmative Action? (D6)
Presiding: James Heckman (University of Chicago)
Can Affirmative Action be Rendered Unnecessary?
James J. Heckman (University of Chicago)
The Role of Affirmative Action in Egalitarian Social Policies
Steven N. Durlauf (University of Wisconsin)
Designing for Diversity: Implementing Affirmative Action Policies through Matching
Scott Duke Kominers (University of Chicago)
Tayfun Sonmez (Boston College)
The Superficial Morality of Color-Blindness: Why Equal Opportunity May Not Be Enough
Glenn Loury (Brown University)
[Download Preview]
Discussants:
Steven N. Durlauf (University of Wisconsin)
Kerwin Charles (University of Chicago)
Fuhito Kojima (Stanford University)
Larry Blume (Cornell University)
Jan 05, 2013 2:30 pm, Hyatt, Madeleine A
Peace Science Society International/American Economic Association
The Cause and Effect of Violence (D7)
Presiding: Solomon Polachek (State University of New York-Binghamton)
The Non-elected State and Urban Civil Violence: A Spatial Analysis of 45 Violence Affected Neighbourhoods in India
Jaideep Gupte (University of Sussex)
Patricia Justino (University of Sussex)
Jean Pierre Tranchant (University of Sussex)
Insecurity in a Pastoral Setting: Consequences and Dynamics
Marc Rockmore (Clark University)
Christopher B. Barrett (Cornell University)
Measuring the Economic Costs of Armed Conflict
Javier Gardeazabal (University of the Basque Country UPV/EHU)
Ainhoa Vega-Bayo (University of the Basque Country UPV/EHU)
The Ghost of War in Post-Conflict Development Policy: The Case of Biofuel Concessions in Mozambique
Raul Caruso (Catholic University of the Sacred Heart)
Topher McDougal (University of San Diego)
War and Famine, Peace and Light? The Economic Dynamics of Conflict in Somalia
Katerina Christoploulou (Risk Management Solutions Ltd.)
Charalampos Makatsoris (Brunel University, UK)
Anja Shortland (Brunel University, UK)
Discussants:
Carlos Seiglie (Rutgers University-Newark)
Phanindra V. Wunnava (Middlebury College and IZA)
Jan 05, 2013 4:40 pm, Hyatt, Elizabeth Ballroom D & E
American Economic Association
Awards Ceremony and Presidential Address
Presiding: Claudia Goldin (Harvard University)
Christopher A. Sims (Princeton University) Paper Money
Jan 05, 2013 6:00 pm, Hyatt, Elizabeth Ballroom D & E
American Economic Association
Business Meeting
Jan 05, 2013 8:00 pm, Hyatt, Manchester Foyer
American Economic Association
The 5th Annual Economics Humor Session in Honor of Caroline Postelle Clotfelter (Y9)
Presiding: Austan Goolsbee (University of Chicago)
The Economics of Spam
Justin M. Rao (Microsoft Research)
David H. Reiley (Google Inc.)
A Funny Thing Happened on the Way to Stockholm: My Friendly Fights with Nobel Prize Economists
Mark Skousen (Forecasts & Strategies)
Hyperinflation in Hell
Kurt Rafael Verkest (Pets Central Enterprises)
Yoram Bauman (www.standupeconomist.com)
Local Average Treatment Effects in Supernatural Experiments
David Powell (RAND)
What's So Funny About Making Monetary Policy?
Kevin W. Capehart (American University)

Jan 06, 2013

Jan 06, 2013 8:00 am, Hyatt, Gregory A & B
American Economic Association
Corruption (O1)
Presiding: Benjamin Olken (Massachusetts Institute of Technology)
Audit Risk and Rent Extraction: Evidence from a Randomized Evaluation in Brazil
Stephan Litschig (Universitat Pompeu Fabra)
Yves Zamboni (Fundação Getulio Vargas São Paulo)
[Download Preview]
Building State Capacity: Biometric Identification and the Delivery of Public Programs in India
Karthik Muralidharan (University of California-San Diego)
Paul Niehaus (University of California-San Diego)
Sandip Sukhtankar (Dartmouth College)
The Darker Side of Private Ownership: Tax Avoidance in 3,650 Privatized Vietnamese Enterprises
Anh Tran (Indiana University)
Much Ado about Nothing? Corruption in the Allocation of Wireless Spectrum in India
Sandip Sukhtankar (Dartmouth College)
[Download Preview]
Discussants:
Paul Niehaus (University of California-San Diego)
Stephan Litschig (Universitat Pompeu Fabra)
Anh Tran (Indiana University)
Sandip Sukhtankar (Dartmouth College)
Karthik Muralidharan (University of California-San Diego)
Jan 06, 2013 8:00 am, Hyatt, Manchester A
American Economic Association
Economics of Management and Organizations (L1)
Presiding: Robert Gibbons (Massachusetts Institute of Technology)
Making Do With Less: Why Productivity is Rising during Recessions
Edward Lazear (Stanford Uniiversity)
Kathryn Shaw (Stanford University)
Christopher Stanton (University of Utah)
[Download Preview]
Performance Differences, Managerial Practices, and Relational Contracts
Robert Gibbons (Massachusetts Institute of Technology)
Rebecca Henderson (Harvard University)
[Download Preview]
Management as a Technology? New Empirics and Old Theories
Nicholas A. Bloom (Stanford University)
Raffaella Sadun (Harvard University)
John Van Reenen (London School of Economics)
[Download Preview]
Injecting Successful Charter School Strategies into Traditional Public Schools: Early Results from an Experiment in Houston
Roland G. Fryer, Jr. (Harvard University)
Jan 06, 2013 8:00 am, Hyatt, Randle D
American Economic Association
Environmental Policy in Developing Countries (O1)
Presiding: Rema Hanna (Harvard University)
The Informational Role of Voluntary Certification: Evidence from the Mexican Clean Industry Program
Andrew Foster (Brown University)
Emilio Gutierrez (ITAM)
[Download Preview]
Liquidity Constraints and Deforestation: The Limitations of Payments for Ecosystem Services
Seema Jayachandran (Northwestern University)
[Download Preview]
Truth-Telling by Third-Party Auditors: Evidence from a Randomized Field Experiment in India
Esther Duflo (Massachusetts Institute of Technology)
Michael Greenstone (Massachusetts Institute of Technology)
Rohini Pande (Harvard University)
Nicholas Ryan (Massachusetts Institute of Technology)
Discussants:
Hunt Alcott (New York University)
Ryan Kellogg (University of Michigan)
Kelsey Jack (Tufts University)
Jan 06, 2013 8:00 am, Hyatt, Edward A
American Economic Association
Estate and Gift Taxation (H2)
Presiding: David Joulfaian (U.S. Department of the Treasury)
Incentive Effects of Inheritances and Optimal Estate Taxation
Wojciech Kopczuk (Columbia University)
Lifetime Transfers and Wealth
Kathleen McGarry (University of California-Los Angeles)
Income and Substitution Efffects of Estate Taxation
James Hines (University of Michigan)
Discussants:
Dan Silverman (Arizona State University)
David Joulfaian (U.S. Department of the Treasury)
Jon Bakija (Williams College)
Jan 06, 2013 8:00 am, Hyatt, Randle B
American Economic Association
Experimental Auctions: Evidence from the Lab and Field (C9)
Presiding: James Cox (Georgia State University)
Is the "Linkage Principle" Valid? Evidence from the Field
Harry Paarsch (University of Melbourne)
Sung-Jin Cho (Seoul National University)
John Rust (University of Maryland)
[Download Preview]
Does Resale Explain the Pooling of Bids at the Reserve Price? Evidence from the Lab and Field
Robert G. Hammond (North Carolina State University)
Michael K. Price (University of Tennessee-Knoxville)
Multi Object Auctions with Resale: Theory and Experiment
Erkut Y. Ozbay (University of Maryland)
Emel Filiz-Ozbay (University of Maryland)
Kristian Lopez-Vargas (University of Maryland)
Affirmative Action and Pre-College Human Capital Investment: Evidence from a Randomized Field Experiment
Brent Hickman (University of Chicago)
Chris Cotton (University of Miami)
Joseph Price (Brigham Young University)
Discussants:
Ron Harstad (University of Missouri)
Andreas Lange (University of Hamburg)
Sotiris Georganas (University of London, Royal Holloway)
Andrew Sweeting (Duke University)
Jan 06, 2013 8:00 am, Hyatt, Randle E
American Economic Association
Families and the Macro Economy (E3)
Presiding: Michele Tertilt (University of Mannheim)
Domestic Violence over the Business Cycle
Michele Tertilt (University of Mannheim)
Gerard van den Berg (University of Mannheim)
Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity
Sebastian Dyrda (University of Minnesota)
Greg Kaplan (University of Pennsylvania)
Jose-Victor Rios-Rull (University of Minnesota)
Does Female Empowerment Promote Economic Development?
Matthias Doepke (Northwestern University)
Michele Tertilt (University of Mannheim)
Child-Care Subsidies and Household Labor Supply
Gustavo Ventura (Arizona State University)
Nezih Guner (Universitat Autonoma Barcelona)
Remzi Kaygusuz (Sabanci University)
Discussants:
Andrea Weber (University of Mannheim)
Erica Field (Duke University)
Nicola Fuchs-Schuendeln (Goethe University Frankfurt)
Gordon B. Dahl (University of California-San Diego)
Jan 06, 2013 8:00 am, Hyatt, Windsor B & C
American Economic Association
Family Formation (J1)
Presiding: Shelly Lundberg (University of California-Santa Barbara)
Why Have Divorce Rates Fallen? The Role of Women's Age at Marriage
Dana Rotz (Mathematica Policy Research)
[Download Preview]
Playing the Fertility Game at Work
Federico Ciliberto (University of Virginia)
Amalia R. Miller (University of Virginia and RAND)
Helena Skyt Nielsen (Aarhus University)
Marianne Simonsen (Aarhus University)
[Download Preview]
Brides for Sale: Cross-Border Marriages and Female Immigration
Soohyung Lee (University of Maryland)
Daiji Kawaguchi (Hitotsubashi university)
[Download Preview]
The Child Adoption Marketplace: Parental Preferences and Adoption Outcomes
Mark Skidmore (Michigan State University)
Gary Anderson (Michigan State University)
Mark Eiswerth (University of Northern Colorado)
[Download Preview]
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom C
American Economic Association
Genes and Economic Behavior (D8)
Presiding: David Laibson (Harvard University)
The Genetic Architecture of Economic and Political Preferences
David Cesarini (New York University)
Chris Dawes (New York University)
Christopher F. Chabris (Union College)
Magnus Johannesson (Stockholm School of Economics)
David I. Laibson (Harvard University)
[Download Preview]
Meta-Analysis of Genome-Wide Association Studies of Educational Attainment
Daniel J. Benjamin (Cornell University and NBER)
David Cesarini (New York University)
Philipp Koellinger (Erasmus University Rotterdam)
Mathijs van der Loos (Erasmus University Rotterdam)
Niels Rietveld (Erasmus University Rotterdam)
Genetic Modulation of the Effects of Tobacco Taxation on Use
Jason Fletcher (Yale University)
[Download Preview]
Meta-Analysis of Genome-Wide Association Studies of Well-Being
Jan-Emmanuel De Neve (University College London & Centre for Economic Performance (LSE))
Meike Bartels (VU University Amsterdam)
Bob Krueger (University of Minnesota)
Niels Rietveld (Erasmus University Rotterdam)
Philipp Koellinger (Erasmus University Rotterdam)
Discussants:
David I. Laibson (Harvard University)
Aldo Rustichini (University of Minnesota)
Andrew Caplin (New York University)
John Cawley (Cornell University)
Jan 06, 2013 8:00 am, Hyatt, Molly A & B
American Economic Association
Health Care Labor Markets (J4)
Presiding: Patricia Cortes (Boston University)
Relative Quality of Foreign Nurses in the US
Patricia Cortes (Boston University)
Jessica Pan (National University of Singapore)
[Download Preview]
How Does Provider Supply and Regulation Influence Health Care Markets? Evidence from Nurse Practitioners and Physician Assistants
Kevin Stange (University of Michigan)
[Download Preview]
Monopsony in the Low-Wage Labor Market: Evidence from Minimum Nurse-Staffing Regulations
Jordan Matsudaira (Cornell University)
Trends in Dual-Career Households and the Locational Choice of Physicians
Douglas O. Staiger (Dartmouth College)
Peter I. Buerhaus (Vanderbilt University)
David I. Auerbach (RAND)
Samuel M. Marshall (Dartmouth College)
Discussants:
Erin Johnson (Massachusetts Institute of Technology)
Wes Yin (Boston University)
John Graves (Vanderbilt University)
Joshua D. Gottlieb (University of British Columbia)
Jan 06, 2013 8:00 am, Hyatt, Emma C
American Economic Association
International Finance (F3)
Presiding: Hendrik Van Den Berg (University of Nebraska-Lincoln)
A global monetary tsunami? On the spillovers of US Quantitative Easing
Roland Straub (European Central Bank)
Marcel Fratzscher (European Central Bank)
[Download Preview]
International Evidence on Government Support and Risk-Taking in the Banking Sector
Luis Brandao Marques (International Monetary Fund)
Ricardo Correa (Federal Reserve Board)
Horacio Sapriza (Federal Reserve Board)
[Download Preview]
Menu Costs, Trade Flows, and Exchange Rate Volatility
Logan T. Lewis (Federal Reserve Board)
[Download Preview]
Equilibrium Dynamics in Repressive Economies: Evidence from the Belarusian Black Market for Foreign Exchange
Matthias Krapf (University of Vienna)
Hannes Huett (University of Konstanz)
Selver Derya Uysal (Institute for Advanced Studies (IHS) Vienna)
[Download Preview]
Why Do Emerging Markets Liberalize Capital Outflow Controls? Fiscal versus Net Capital Flows Concerns
Gurnain Kaur Pasricha (Bank of Canada)
Joshua Aizenman (University of California-Santa Cruz)
[Download Preview]
The Cross-Section of Currency Order Flow Portfolios
Andreas Schrimpf (Bank for International Settlements)
Lukas Menkhoff (Leibniz University Hannover)
Lucio Sarno (Cass Business School, London)
Maik Schmeling (Leibniz University Hannover)
[Download Preview]
Jan 06, 2013 8:00 am, Hyatt, Oxford
American Economic Association
Monetary Policy (E5)
Presiding: Michael Dowell (California State University-Sacramento)
(Un)anticipated Monetary Policy in a DSGE Model with a Shadow Banking System
Fabio Verona (Bank of Finland)
Manuel Martins (University of Porto)
Ines Drumond (University of Porto)
[Download Preview]
Debt Deflation Effects of Monetary Policy
Dimitrios Tsomocos (University of Oxford)
Alexandros Vardoulakis (Banque De France)
Li Lin (University of Oxford)
[Download Preview]
Do People Understand Monetary Policy?
Fernanda Nechio (Federal Reserve Bank of San Francisco)
Carlos Carvalho (PUC-Rio)
[Download Preview]
Monetary Policy Shocks and Stock Returns: Identification Through Impossible Trinity
Ali K. Ozdagli (Federal Reserve Bank of Boston)
Yifan Yu (Federal Reserve Bank of Boston)
[Download Preview]
Asset Prices, Collateral and Unconventional Monetary Policy in a DSGE Model
Bjoern Hilberg (Deutsche Bundesbank)
Josef Hollmayr (Deutsche Bundesbank andUniversity Frankfurt am Main)
[Download Preview]
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Optimal Taxation and Social Insurance (H2)
Presiding: Mikhail Golosov (Princeton University)
Social Insurance and Redistribution in Dynamic Models
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
Optimal Progressive Income Taxation with Endogenous Education Decisions and Intergenerational Transfers
Dirk Krueger (University of Pennsylvania)
Alexander Ludwig (University of Cologne)
[Download Preview]
Optimal Pension Systems with Simple Instruments
Mikhail Golosov (Princeton University)
Aleh Tsyvinski (Yale University)
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Public Sector Collective Bargaining (J5)
Presiding: Brigham Frandsen (Harvard University and Brigham Young University)
Teacher Salaries, State Collective Bargaining Laws, and Union Coverage
Barry Hirsch (Georgia State University)
David Macpherson (Trinity University)
John Winters (University of Cincinnati)
[Download Preview]
Beaches, Sunshine, and Public-Sector Pay: Theory and Evidence on Amenities and Rent Extraction by Government Workers
David Neumark (University of California-Irvine)
Jan Brueckner (University of California-Irvine)
[Download Preview]
General Revenue Sharing and Public Sector Unions
Laura Feiveson (Federal Reserve Board)
[Download Preview]
The Effects of Collective Bargaining Rights on Public Employee Compensation: Evidence from Teachers, Fire Fighters, and Police
Brigham Russell Frandsen (Harvard University and Brigham Young University)
[Download Preview]
Public Sector Unionism without Collective Bargaining
Richard Freeman (Harvard University)
Eunice Han (Harvard University)
[Download Preview]
Discussants:
Aaron Sojourner (University of Minnesota)
Eric Brunner (Georgia State University)
Michael Lovenheim (Cornell University)
Jan 06, 2013 8:00 am, Hyatt, Manchester F
American Economic Association
Research in Economic Education (A2)
Presiding: KimMarie McGoldrick (University of Richmond)
Gender and Undergraduate Major Trends: 1990-2011
Tisha L.N. Emerson (Baylor University)
KimMarie McGoldrick (University of Richmond)
John J. Siegfried (Vanderbilt University)
High School Economics as Preparation for Principles of Microeconomics Courses
Linda Carter (Baylor University)
Tisha L.N. Emerson (Baylor University)
Gail Hoyt (University of Kentucky)
Do algebra and geometry provide the same value in preparing high school students for economics?
Brent Evans (Mississippi State University)
[Download Preview]
A Survey of Principles Instructors: Why Lecture Prevails
William L. Goffe (Pennsylvania State University)
David Kauper (unknown)
[Download Preview]
Discussants:
Paul W. Grimes (Pittsburg State University)
Jane Lopus (California State University-East Bay)
Cynthia Harter (Eastern Kentucky University)
Scott Simkins (North Carolina A&T State University)
Jan 06, 2013 8:00 am, Hyatt, Randle A
American Economic Association
Returns to Vocational Education - Experimental Evidence from Developing Countries (I2)
Presiding: Costas Meghir (Yale University)
Can Employment Programs Reduce Poverty and Social Instability? Experimental Evidence from a Ugandan Aid Program
Nathan Fiala (German Institute for Economic Research)
Sebastian Martinez (InterAmerican Development Bank)
Christopher Blattman (Yale University)
[Download Preview]
Vocational Education Voucher Delivery and Labor Market Returns: A Randomized Evaluation Among Kenyan Youth
Edward Miguel (University of California-Berkeley)
Joan Hamory Hicks (University of California-Berkeley)
Michael Kremer (Harvard University)
Isaac Mbiti (SMU)
Transfers, Diversification and Household Risk Strategies: Experimental Evidence with Lessons for Climate Change Adaptation
Karen Macours (Paris School of Economics)
Patrick Premand (The World Bank)
Renos Vakis (World Bank)
[Download Preview]
Learning and Earning: Evidence from a Field Experiment in India
Pushkar Maitra (Monash University)
Subha Mani (Fordham University)
[Download Preview]
Discussants:
Aimee Chin (University of Houston)
Karen Macours (Paris School of Economics)
Santosh Anagol (University of Pennsylvania)
Pascaline Dupas (Stanford University)
Jan 06, 2013 8:00 am, Hyatt, Manchester E
American Economic Association
Structural Change and Productivity (O4)
Presiding: Diego Restuccia (University of Toronto)
Stages of Diversification and Productivity Growth Differences
Roberto Samaniego (George Washington University)
Juliana Y. Sun (George Washington University)
[Download Preview]
Services and the Dynamics of Female Labor Supply
Francisco Buera (University of California-Los Angeles)
Joseph P. Kaboski (University of Notre Dame)
Kent Zhao (Xiamen University)
[Download Preview]
The Agricultural Productivity Gap in Developing Countries
Douglas Gollin (Williams College)
David Lagakos (Arizona State University)
Michael E. Waugh (New York University)
[Download Preview]
Capital-Labor Substitution, Structural Change and Growth
Francisco Alvarez-Cuadrado (McGill University)
Ngo Van Long (McGill University)
Markus Poschke (McGill University)
Discussants:
Diego Restuccia (University of Toronto)
Todd Schoellman (Arizona State University)
Dennis Yang (Chinese University of Hong Kong)
Yong Wang (Hong Kong University of Science and Technology)
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom A
American Economic Association
Understanding Short-Term Debt (G1)
Presiding: Annette Vissing-Jorgensen (Northwestern University)
Collateral Crises
Gary Gorton (Yale University)
Guillermo Ordonez (Yale University)
[Download Preview]
What Drives Short-Term Debt Creation? The Impact of Treasury Supply
Arvind Krishnamurthy (Northwestern University)
Annette Vissing-Jorgensen (Northwestern University)
Procyclical Leverage and Value-at-Risk
Tobias Adrian (Federal Reserve Bank of New York)
Hyun Song Shin (Princeton University)
[Download Preview]
Discussants:
Adriano Rampini (Duke University)
Viral V. Acharya (New York University)
Philipp Schnabl (New York University)
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom B
American Economic Association
Why Did Consumption Collapse during the Great Recession? (E2)
Presiding: John Duca (Federal Reserve Bank of Dallas)
The Financial Crisis at the Kitchen Table: Trends in Household Debt and Credit
Meta Brown (Federal Reserve Bank of New York)
Andrew Haughwout (Federal Reserve Bank of New York)
Donghoon Lee (Federal Reserve Bank of New York)
Wilbert van der Klaauw (Federal Reserve Bank of New York)
Dissecting Saving Dynamics: Measuring Credit, Wealth, and Precautionary Effects
Christopher Carroll (Johns Hopkins University and NBER)
Jiri Slacalek (European Central Bank)
Martin Sommer (International Monetary Fund)
[Download Preview]
How Financial Innovations and Accelerators Drive Booms and Busts in U.S. Consumption
John V. Duca (Federal Reserve Bank of Dallas and Southern Methodist University)
John Muellbauer (University of Oxford)
Anthony Murphy (Federal Reserve Bank of Dallas)
What's Driving Deleveraging? Evidence from the Survey of Consumer Finances
Karen Dynan (Brookings Institution)
Wendy Edelberg (Congressional Budget Office)
Discussants:
Brian Bucks (Consumer Finance Protection Bureau)
Marjorie Flavin (University of California-San Diego)
Martin Sommer (International Monetary Fund)
Neil Bhutta (Federal Reserve Board)
Jan 06, 2013 8:00 am, Hyatt, Manchester G
American Economic Association
Woman and Labor Markets (J1)
Presiding: Donna Ginther (University of Kansas)
Sexual Violence against Women and Labor Market Outcomes
Joseph J. Sabia (San Diego State University)
Angela Dills (Providence College)
Jeffrey DeSimone (University of Maryland)
The Impact of Affirmative Action on the Employment of Minorities and Women over Three Decades: 1973-2003
Fidan Ana Kurtulus (University of Massachusetts-Amherst)
The Earned Income Tax Credit for Single Mothers: Insurance without Disincentives
Kartik Athreya (Federal Reserve Bank of Richmond)
Nicole Simpson (Colgate University)
Devin Reilly (University of Pennsylvania)
[Download Preview]
School Calendars, Child Care Availability and Maternal Employment
Jennifer Graves (University of Oklahoma)
Discussants:
Kevin Lang (Boston University)
Catalina Amuedo-Dorantes (San Diego State University)
Susan Averett (Lafayette College)
Donna Ginther (University of Kansas)
Jan 06, 2013 8:00 am, Hyatt, Elizabeth Ballroom F
American Economic Association
Work and Search in Recessions: Theory, History and Measurement (J2)
Presiding: Valerie Ramey (University of California-San Diego)
Cyclical Variation in Labor Hours and Productivity Using the ATUS
Michael C. Burda (Humboldt University Berlin)
Daniel S. Hamermesh (University of Texas-Austin)
Jay Stewart (Bureau of Labor Statistics)
[Download Preview]
Hours and Work Sharing during the Great Depression: Comparisons and Contracts with Other Downturns in the 20th Century
Price Fishback (University of Arizona)
Todd Neumann (University of California-Merced)
Jason Taylor (Central Michigan University)
[Download Preview]
Job Search Theory and Unemployed Job Search over the Lifecycle
Mark Aguiar (Princeton University)
Erik Hurst (University of Chicago)
Loukas Karabarbounis (University of Chicago)
Discussants:
Valerie A. Ramey (University of California-San Diego)
Bradford De Long (University of California-Berkeley)
Dale Mortensen (Northwestern University)
Jan 06, 2013 10:15 am, Hyatt, Emma A & B
American Economic Association
Aggregate Fluctuations (E1)
Presiding: Richard MacDonald (St. Cloud State University)
Dynamic Resource Misallocation and Amplification
Marcus M. Opp (University of California-Berkeley)
Christine Parlour (University of California-Berkeley)
Johan Walden (University of California-Berkeley)
[Download Preview]
Do Mood Swings Drive Business Cycles and Is It Rational?
Jian Wang (Federal Reserve Bank of Dallas)
Paul Beaudry (University of British Columbia)
Deokwoo Nam (City University of Hong Kong)
[Download Preview]
Animal Spirits, Heterogeneous Expectations and the Amplification and Duration of Crises
Cars Hommes (University of Amsterdam)
Tiziana Assenza (Catholic University of Milan)
William Brock (University of Wisconsin)
[Download Preview]
Balance-Sheet Shocks and Recapitalizations
Damiano Sandri (International Monetary Fund)
Fabian Valencia (International Monetary Fund)
[Download Preview]
Jan 06, 2013 10:15 am, Hyatt, Gregory A & B
American Economic Association
Assessing the Impacts of Job Loss (J6)
Presiding: Kenneth Couch (University of Connecticut)
The Long-Term Impact of Job Displacement in Germany during the 1982 Recession on Earnings, Income, and Employment
Johannes Schmieder (Boston University)
Till Von Wachter (Columbia University)
Stefan Bender (Institute for Employment Research)
Why Is Job Loss Costly?
Bruce Fallick (Federal Reserve Board)
William Carrington (Congressional Budget Office)
An Analysis of the Geographic Mobility Patterns of Displaced Workers
Nicholas Jolly (Marquette University)
Economic and Health Implications of Long-Term Unemployment: Earnings, Disability Benefits, and Mortality
Kenneth Couch (University of Connecticut)
Howard Iams (Social Security Administration)
Gayle Reznik (Social Security Administration)
Chris Tamborini (Social Security Administration)
Discussants:
Kenneth Couch (University of Connecticut)
William Carrington (Congressional Budget Office)
Jan 06, 2013 10:15 am, Hyatt, Molly A & B
American Economic Association
Deception, Self-Deception and Incentives (D6)
Presiding: Aldo Rustichini (University of Minnesota)
Moral Hypocrisy, Power and Social Preferences
Marie Claire Villeval (CNRS, University of Lyon)
Aldo Rustichini (University of Minnesota)
[Download Preview]
Broken Promises and Hidden Partnerships
Daniel Houser (George Mason University)
Jingnan (Cecilia) Chen (George Mason University)
Deception and Reciprocity
Uri Gneezy (University of California-San Diego)
Silvia Saccardo (University of California-San Diego)
Communication Protocol, Content, and Deception
Gary Charness (University of California-Santa Barbara)
Jan 06, 2013 10:15 am, Hyatt, Manchester E
American Economic Association
Developments in Health and Insurance (I1)
Presiding: Frank Sloan (Duke University)
The Original Introduction of Medicaid: Impact on Disparities in Health and the Use of Health Care
Douglas Almond (Columbia University)
Sandra L. Decker (National Center for Health Statistics)
Kosali I. Simon (Cornell University)
Heterogeneity in Health State Dependence of Utility
Meenakshi Beri (Wayne State University)
Jennifer Ward-Batts (Wayne State University)
[Download Preview]
Health Insurance and the College Premium
Linnea Polgreen (University of Iowa)
Anson Ho (Kansas State University)
[Download Preview]
Disability Insurance and Health in Europe and the US
Enrica Croda (Ca' Foscari University of Venice)
Jonathan Skinner (Dartmouth College)
Discussants:
Chinhui Juhn (University of Houston)
Petra Todd (University of Pennsylvania)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom G
American Economic Association
Evaluating Teacher Quality using Standardized Tests (I2)
Presiding: Jeffrey Livingston (Bentley University)
Teacher Effectiveness on High- and Low-Stakes Tests
Sean P. Corcoran (New York University)
Jennifer L. Jennings (New York University)
Andrew A. Beveridge (Queens College and City University of New York Graduate Center)
[Download Preview]
Using Behavioral Economics to Increase the Efficacy of Teacher Incentives
Roland G. Fryer, Jr. (Harvard University)
Steven D. Levitt (University of Chicago)
John A. List (University of Chicago)
Sally Sadoff (University of California-San Diego)
Harnessing Complementarities in the Education Production Function
John A. List (University of Chicago)
Jeffrey A. Livingston (Bentley University)
Susanne Neckermann (University of Mannheim and ZEW)
[Download Preview]
Discussants:
Sally Sadoff (University of California-San Diego)
Sean P. Corcoran (New York University)
Javier Espinosa (Rochester Institute of Technology)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom H
American Economic Association
Fluctuations in Risk Over the Business Cycle (E3)
Presiding: Fatih Guvenen (University of Minnesota)
The Nature of Countercyclical Income Risk
Serdar Ozkan (Federal Reserve Board)
Jae Song (Social Security Administration)
Fatih Guvenen (University of Minnesota)
[Download Preview]
The Macroeconomics of Uncertainty and Volatility
Nicholas A. Bloom (Stanford University)
Jesus Fernandez-Villaverde (University of Pennsylvania)
[Download Preview]
Dynamics of the US Price Distribution
David Berger (Yale University)
Joseph Vavra (Yale University)
Wealth and Volatility
Jonathan Heathcote (Federal Reserve Bank of Minneapolis)
Fabrizio Perri (University of Minnesota)
Jan 06, 2013 10:15 am, Hyatt, Manchester F
American Economic Association
Impacts of Experimental Education and Health Interventions on Labor Market Outcomes (J3)
Presiding: Paul Glewwe (University of Minnesota)
Labor Market Returns to Early Childhood Stimulation: A 20-Year Follow-up to the Jamaica Study
Paul Gertler (University of California-Berkeley)
Arianna Zanolini (University of Chicago)
Rodgrio Pinto (University of Chicago)
James J. Heckman (University of Chicago)
Susan Walker (University of West Indies)
Worms at Work: Long-Run Impacts of Child Health Gains
Sarah Baird (George Washington University)
Joan Hamory Hicks (University of California-Berkeley)
Edward Miguel (University of California-Berkeley)
Michael Kremer (Harvard University)
Education and Labor Market Outcomes: Medium-Term Effects from a Randomized CCT in Nicaragua
Tania Barham (University of Colorado-Boulder)
Karen Macours (Paris School of Economics)
John Maluccio (Middlebury College)
[Download Preview]
Demand versus Returns? Pro-poor targeting of business grants and vocational skills training
Karen Macours (Paris School of Economics)
Patrick Premand (The World Bank)
Renos Vakis (The World Bank)
Discussants:
Paul Glewwe (University of Minnesota)
Adriana Lleras-Muney (University of California-Los Angeles)
Karthik Muralidharan (University of California-San Diego)
Prashant Bharad (University of California-San Diego)
Jan 06, 2013 10:15 am, Hyatt, Edward A
American Economic Association
Information, Health, and Insurance (I1)
Presiding: Keith Ericson (Boston University)
How Product Standardization Affects Choice: Evidence from the Massachusetts Health Insurance Exchange
Keith Marzilli Ericson (Boston University)
Amanda Starc (University of Pennsylvania)
What Would We Eat if We Knew More: The Implications of a Large-Scale Change in Nutrition Labeling
Jason Todd Abaluck (NBER)
[Download Preview]
Health Insurance for Humans: Understanding Consumer Choice Foundations
Benjamin Handel (University of California-Berkeley and NBER)
Jonathan Kolstad (University of Pennsylvania and NBER)
Information Disclosure and Firm Performance: Evidence from the Dialysis Industry
Subramaniam Ramanarayanan (University of California-Los Angeles)
Jason Snyder (University of California-Los Angeles)
[Download Preview]
Discussants:
Ginger Zhe Jin (University of Maryland)
Joshua D. Gottlieb (University of British Columbia)
Sofia Villas-Boas (University of California-Berkeley)
Josh Schwartzstein (Dartmouth College)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom A
American Economic Association
Measurement Issues in the National Accounts (E0)
Presiding: Robert Feenstra (University of California-Davis)
Improving U.S. GDP Measurement: A Forecast Combination Perspective
S. Boragan Aruoba (University of Maryland)
Francis X. Diebold (University of Pennsylvania)
Jeremy Nailwaik (Federal Reserve Board)
Frank Schorfheide (University of Pennsylvania)
Dongho Song (University of Pennsylvania)
[Download Preview]
Price Indexes for Clinical Trial Research: A Feasibility Study
Ernst R. Berndt (Massachusetts Institute of Technology and NBER)
Iain M. Cockburn (Boston University and NBER)
[Download Preview]
Market Power, Adjustment Costs, and Risk in Measurement of Banking Services
Kyle Hood (Bureau of Economic Analysis)
Matthew Osborne (Bureau of Economic Analysis)
[Download Preview]
Do-It-Yourself Home Improvement: Changes for Measured GDP and Long-Run Housing Values
Rachel Soloveichik (Bureau of Economic Analysis)
[Download Preview]
Discussants:
John Roberts (Federal Reserve Board)
Marshall Reinsdorf (Bureau of Economic Analysis)
Ron Borzekowski (Consumer Financial Protection Bureau)
Kristopher Gerardi (Federal Reserve Bank of Atlanta)
Jan 06, 2013 10:15 am, Hyatt, Manchester B & C
American Economic Association
New (and Old) Perspectives on the Work of Adam Smith (B3) (Panel Discussion)
Panel Moderator: Orley Ashenfelter (Princeton University, and Angus Deaton, Princeton University)
Kenneth Arrow (Stanford University)
Deirdre N. McCloskey (University of Illinois-Chicago)
Vernon Smith (Chapman University)
Jan 06, 2013 10:15 am, Hyatt, Randle A
American Economic Association
On the Historical Origins of Comparative Development (O1)
Presiding: Holger Strulik (University of Goettingen)
Genetic Diversity and Ethnic Civil Conflict
Cemal Eren Arbatli (Brown University)
Quamrul Ashraf (Williams College)
Oded Galor (Brown University)
The Longevity of Famous People from Hammurabi to Einstein
David de la Croix (University of Louvain)
Omar Licandro (Barcelona GSE)
[Download Preview]
Unified Growth Empirics
Matteo Cervellati (University of Bologna)
Fabrice Murtin (OECD)
Uwe Sunde (University of Munich)
Physiology and Development: Why the West is Taller than the Rest
Carl-Johan Dalgaard (University of Copenhagen)
Holger Strulik (University of Goettingen)
Discussants:
Nathan Nunn (Harvard University)
Hans-Joachim Voth (University Pompeu Fabra)
Antonio Ciccone (University Pompeu Fabra)
Stelios Michaelopolous (Brown University)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom B
American Economic Association
Risk Premia and the Macroeconomy under Non-standard Preferences (G1)
Presiding: Anastasios Karantounias (Federal Reserve Bank of Atlanta)
Examining Macroeconomic Models through the Lens of Asset Pricing
Jaroslav Borovicka (Federal Reserve Bank of Chicago)
Lars Peter Hansen (University of Chicago)
[Download Preview]
Optimal Fiscal Policy with Recursive Preferences
Anastasios G. Karantounias (Federal Reserve Bank of Atlanta)
Uncertainty shocks, asset supply and pricing over the business cycle
Cosmin L. Ilut (Duke University)
Martin Schneider (Stanford University)
Francesco Bianchi (Duke University)
How Much Would You Pay to Resolve Long-Run Risk?
Larry Epstein (Boston University)
Emmanuel Farhi (Harvard University)
Tomasz Strzalecki (Harvard University)
Discussants:
Amir Yaron (University of Pennsylvania)
Christopher Sleet (Carnegie Mellon University)
Stanley E. Zin (New York University)
David Backus (New York University)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom C
American Economic Association
Social Interactions and Economic Choices (D8)
Presiding: Kenneth Ahern (University of Southern California)
The Effect of Providing Peer Information on Retirement Savings Decisions
John Beshears (Stanford University and NBER)
James J. Choi (Yale University and NBER)
David I. Laibson (Harvard University and NBER)
Brigitte C. Madrian (Harvard University and NBER)
Katherine L. Milkman (University of Pennsylvania)
[Download Preview]
With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship
Joshua Lerner (Harvard University and NBER)
Ulrike Malmendier (University of California-Berkeley and NBER)
[Download Preview]
Peer Effects in Economic Attitudes
Kenneth R. Ahern (University of Southern California)
Ran Duchin (University of Michigan)
Tyler Shumway (University of Michigan)
Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers
Kelly Shue (University of Chicago)
Discussants:
Hunt Allcott (New York University)
Scott Carrell (University of California-Davis)
Harrison Hong (Princeton University)
Bruce Sacerdote (Dartmouth University)
Jan 06, 2013 10:15 am, Hyatt, Emma C
American Economic Association
Sovereign Risk (G3)
Presiding: David Parsley (Vanderbilt University)
Sovereign Default Risk and Bank Balance Sheets
Bora Durdu (Federal Reserve Board)
Emine Boz (International Monetary Fund)
Pablo D'Erasmo (University of Maryland)
Sovereign Defaults and Government Bailouts
Horacio Sapriza (Federal Reserve Board)
Javier Bianchi (New York University)
Sandra Lizarazo (Universidad Carlos III)
Measuring Sovereign Contagion in Europe
Loriana Pelizzon (Universita' Ca' Foscari Venezia)
Massimiliano Caporin (University of Padua)
Francesco Ravazzolo (Norges Bank)
Roberto Rigobon (Massachusetts Institute of Technology)
[Download Preview]
Duration of Capital Market Exclusion: An Empirical Investigation
Daniel A. Dias (University of Illinois-Urbana-Champaign)
Christine Richmond (International Monetary Fund)
Taeree Wang (Singapore National University and University of Illinois-Urbana-Champaign)
Do Internal Devaluations Induce Expenditure Switching? Scanner Data Evidence from the 2008-09 Global Financial Crisis
Rudolfs Bems (International Monetary Fund)
Julian Di Giovanni (International Monetary Fund)
Jan 06, 2013 10:15 am, Hyatt, Manchester A
American Economic Association
Speculation, Insurance and Financial Regulation (G2)
Presiding: Andrei Kirileinko (Massachusetts Institute of Technology)
Benefit-Cost Analysis for Financial Regulation
Eric Posner (University of Chicago)
Eric Glen Weyl (University of Chicago)
[Download Preview]
Financial Innovation and Portfolio Risks
Alp Simsek (Harvard University)
[Download Preview]
Reflections on Finance and the Good Society
Robert J. Shiller (Yale University)
[Download Preview]
Can Financial Engineering Cure Cancer?: A New Approach to Funding Large-Scale Biomedical Innovation
Jose-Maria Fernandez (Massachusetts Institute of Technology)
Andrew W. Lo (Massachusetts Institute of Technology)
Roger Stein (Moody's)
Discussants:
Hayne E. Leland (University of California-Berkeley)
Darrell Duffie (Stanford University)
Patrick Bolton (Columbia University)
Markus K. Brunnermeier (Princeton University)
Jan 06, 2013 10:15 am, Hyatt, Elizabeth Ballroom F
American Economic Association
Stimulus or Stymied? The Macroeconomics of Recessions (E0) (Panel Discussion)
Panel Moderator: J. Bradford DeLong (University of California-Berkeley)
Paul Krugman (Princeton University)
Harald Uhlig (University of Chicago)
Valerie A. Ramey (University of California-San Diego)
Carlo Cottarelli (International Monetary Fund)
Jan 06, 2013 10:15 am, Hyatt, Manchester H & I
American Economic Association
The Fiftieth Anniversary of Milton Friedman and Anna J. Schwartz, A Monetary History of the United States (N1)
Presiding: Richard Sylla (New York University)
Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960
Michael David Bordo (Rutgers University)
Hugh Rockoff (Rutgers University)
[Download Preview]
Friedman and Schwartz's Monetary Explanation of the Great Depression: Old Challenges and New Evidence
Christina D. Romer (University of California-Berkeley)
David H. Romer (University of California-Berkeley)
[Download Preview]
Shadowy Banks and Financial Contagion during the Great Depression: A Retrospective on Friedman and Schwartz
Kris Mitchener (University of Santa Clara)
Gary Richardson (University of California-Irvine)
[Download Preview]
Discussants:
Allan H. Meltzer (Carnegie Mellon University)
Robert Hetzel (Federal Reserve Bank of Richmond)
Robert E. Lucas, Jr. (University of Chicago)
Jan 06, 2013 10:15 am, Hyatt, Manchester G
American Economic Association
The Geography of the Family (D1)
Presiding: Marjorie McElroy (Duke University)
Proximity to Grandparents and Outcomes for Grandchildren
Janice Compton (University of Manitoba)
Robert A. Pollak (Washington University)
Location, Resources and Family Decision-Making
V. Joseph Hotz (Duke University)
Duncan Thomas (Duke University)
Lifting the Burden: State Care of the Elderly and the Location and Labor Supply of Adult Children
Julie Riise Kolstad (University of Bergen)
Katrine V. Løken (University of Bergen)
Shelly Lundberg (University of California Santa Barbara)
[Download Preview]
Geographic Proximity of Mothers and Children over the Life Cycle
Kathleen McGarry (University of California-Los Angeles)
Emily Wiemers (University of Massachusetts-Boston)
Discussants:
Dora L. Costa (University of California-Los Angeles)
Lillian Pezzin (Medical College of Wisconsin)
Terra G. McKinnish (University of Colorado)
Robert Willis (University of Michigan)
Jan 06, 2013 10:15 am, Hyatt, Randle D
American Economic Association
Urbanization and Transportation Infrastructure in Developing Countries (O1)
Presiding: Benjamin A. Olken (Massachusetts Institute of Technology)
Farther on Down the Road: Transport Costs, Trade and Urban Growth in Sub-Saharan Africa
Adam Storeygard (Tufts University)
[Download Preview]
Colonial Investments and Long-Term Development in Africa: Evidence from Ghanaian Railroads
Rémi Jedwab (George Washington University)
Alexander Moradi (University of Sussex)
[Download Preview]
Transport Infrastructure and Firm Location Choice in Equilibrium: Evidence from Indonesia's Highways
Alexander Rothenberg (RAND Corporation)
On the Road: Access to Transportation Infrastructure and Economic Growth in China
Abhijit V. Banerjee (Massachusetts Institute of Technology)
Esther Duflo (Massachusetts Institute of Technology)
Nancy Qian (Yale University)
Discussants:
Michael E. Waugh (New York University)
Nancy Qian (Yale University)
Benjamin A. Olken (Massachusetts Institute of Technology)
Guy Michaels (London School of Economics)
Jan 06, 2013 1:00 pm, Hyatt, Emma A & B
American Economic Association
Asset Pricing (G1)
Presiding: Paul Laux (University of Delaware)
How Smooth Is Price Discovery? Evidence from Cross-listed Stock Trading
Haiqiang Chen (Xiamen University)
Paul Moon Sub Choi (Ewha Womans University)
Yongmiao Hong (Cornell University)
Wine as a Long-Term Investment
Elroy Dimson (London Business School)
Peter L. Rousseau (Vanderbilt University)
Christophe Spaenjers (HEC Paris)
Testing CAPM with a Large Number of Assets
Takashi Yamagata (University of York)
Mohammad Hashem Pesaran (University of Southern California)
Inflation Risk in Corporate Bonds
Johnny Kang (Harvard Business School)
Carolin E. Pflueger (University of British Columbia)
[Download Preview]
Predicting Market Returns Using Aggregate Implied Cost of Capital
David Ng (Cornell University)
Yan Li (Temple University)
Bhaskaran Swaminathan (LSV Capital)
[Download Preview]
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom B
American Economic Association
Behavioral Responses to Nonlinear Insurance Prices (D4)
Presiding: Yuting Zhang (University of Pittsburgh)
Anticipatory Effects of Nonlinear Design Features of the Medicare Prescription Drug Benefit
Cameron M. Kaplan (University of Pittsburgh)
Yuting Zhang (University of Pittsburgh)
A Dynamic Model of Prescription Drug Utilization
Jason Todd Abaluck (Yale University)
Jonathan Gruber (Massachusetts Institute of Technology)
Ashley Swanson (University of Pennsylvania)
Estimating the Tradeoff Between Risk Protection and Moral Hazard with a Nonlinear Budget Set Model of Health Insurance
Amanda Kowalski (Yale University)
[Download Preview]
Moral Hazard in Health Insurance: How Important is Forward Looking Behavior?
Aviva Aron-Dine (Massachusetts Institute of Technology)
Liran Einav (Stanford University)
Amy Finkelstein (Massachusetts Institute of Technology)
Mark Cullen (Stanford University)
[Download Preview]
Discussants:
Jason Todd Abaluck (Yale University)
Leila Agha (Boston University)
Benjamin Handel (University of California-Berkeley)
Claudio Lucarelli (Cornell University)
Jan 06, 2013 1:00 pm, Hyatt, Gregory A & B
American Economic Association
Belief Heterogeneity in Asset and Insurance Markets (D4)
Presiding: Ricardo Serrano-Padial (University of Wisconsin-Madison)
Overconfidence and Asymmetric Information: The Case of Insurance
Alvaro Sandroni (Northwestern University)
Francesco Squintani (University of Warwick)
Heterogeneity, Demand for Insurance and Adverse Selection
Johannes Spinnewijn (London School of Economics)
[Download Preview]
Credit Market Speculation and the Cost of Capital
Yeon-Koo Che (Columbia University)
Rajiv Sethi (Barnard College, Columbia University)
[Download Preview]
Does Belief Heterogeneity Explain Asset Prices: The Case of the Longshot Bias
Amit Gandhi (University of Wisconsin-Madison)
Ricardo Serrano-Padial (University of Wisconsin-Madison)
[Download Preview]
Discussants:
Johannes Spinnewijn (London School of Economics)
Alvaro Sandroni (Northwestern University)
Elias Albagli (University of Southern California)
Rajiv Sethi (Barnard College, Columbia University)
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom F
American Economic Association
Causes and Consequences of Credit Default Swap Trading (G1)
Presiding: Francis Longstaff (University of California-Los Angeles)
The Anatomy of the CDS Market
Martin Oehmke (Columbia University)
Adam Zawadowski (Boston University)
[Download Preview]
Corporate Leverage, Debt Maturity and Credit Supply: The Role of Credit Default Swaps
Alessio Saretto (University of Texas-Dallas)
Heather Tookes (Yale University)
Does the Tail Wag the Dog? The Effect of Credit Default Swaps on Credit Risk
Marti Subrahmanyam (New York University)
Dragon Yongjun Tang (University of Hong Kong)
Sarah Qian Wang (University of Hong Kong)
[Download Preview]
Did CDS Trading Improve the Market for Corporate Bonds?
Sanjiv Das (Santa Clara University)
Madhu Kalimipalli (Wilfrid Laurier University)
Subhankar Nayak (Wilfrid Laurier University)
[Download Preview]
Discussants:
Or Shachar (New York University)
Murillo Campello (Cornell University)
Erik Staffor (Harvard Business School)
Jennie Bai (Federal Reserve Bank of New York)
Jan 06, 2013 1:00 pm, Hyatt, Manchester F
American Economic Association
Choosing a College and Finishing College (I2)
Presiding: Caroline Hoxby (Stanford University and NBER)
The Effects of Information on Students' College Enrollment Decisions: Evidence From a Randomized Trial
Eric Bettinger (Stanford University)
Bridget Terry Long (Harvard University)
Phil Phillip Oreopoulos (University of Toronto)
The Impact of College Mismatch
Eleanor Dillon (Arizona State University)
Jeffrey Smith (University of Michigan)
Beliefs and Outcomes about College Major and College Dropout
Todd Stinebrickner (University of Western Ontario)
Ralph Stinebrickner (Berea College)
Improving Outcomes for High-Achieving Low-Income Students
Caroline M. Hoxby (Stanford University)
Sarah E. Turner (University of Virginia)
Discussants:
Scott Carrell (University of California-Davis)
Sarah Reber (University of California-Los Angeles)
Jan 06, 2013 1:00 pm, Hyatt, Molly A & B
American Economic Association
Culture, Institutions, and Historical Persistence (Z1)
Presiding: Azim Essaji (Wilfred Laurier University)
Married to Intolerance: Attitudes towards Intermarriage in Germany, 1900-2006
Nico Voigtlaender (University of California-Los Angeles)
Hans-Joachim Voth (Universitat Pompeu Fabra)
[Download Preview]
Cultural Change and Persistence in Historical Perspective
Nathan Nunn (Harvard University)
The Persistence of Inferior Cultural-Institutional Conventions
Marianna Belloc (Sapienza University of Rome)
Samuel Bowles (Santa Fe Institute)
[Download Preview]
Discussants:
Gregory Clark (University of California-Davis)
Marianna Belloc (Sapienza University of Rome)
Quamrul Ashraf (Williams College)
Jan 06, 2013 1:00 pm, Hyatt, Emma C
American Economic Association
Econometrics (C1)
Presiding: Chris Bennett (Vanderbilt University)
Identification and Estimation of Semi-parametric Censored Dynamic Panel Data Models
Ji-Liang Shiu (National Chung-Cheng University)
Yingyao Hu (Johns Hopkins University)
[Download Preview]
Hidden Markov Structures for Dynamic Copulae
Weining Wang (Humboldt University at Berlin)
Ostap Okhrin (Humboldt University at Berlin)
Wolfgang Haerdle (Humbolt University at Berlin)
[Download Preview]
Factor Augmented Autoregressive Distributed Lag Models
Serena Ng (Columbia University)
Dalibor Stevanovic (Université du Québec à Montréal)
[Download Preview]
Bootstrap Joint Prediction Regions
Dan Christian Wunderli (University of Zurich)
Michael Wolf (University of Zurich)
[Download Preview]
Self-confirming Equilibrium and Model Uncertainty
Pierpaolo Battigalli (Bocconi University)
Simone Cerreia-Vioglio (Bocconi University)
Fabio Maccheroni (Bocconi University)
Massimo Marinacci (Bocconi University)
[Download Preview]
Jan 06, 2013 1:00 pm, Hyatt, Manchester H & I
American Economic Association
Economic Analysis of Subjective Well-being (D6)
Presiding: Justin Wolfers (University of Michigan)
Happiness Puzzles
Angus S. Deaton (Princeton University)
Arthur Stone (SUNY-Stony Brook)
[Download Preview]
Subjective Well-being and Income: Is There Any Evidence of Satiation?
Betsey Stevenson (University of Michigan)
Justin Wolfers (University of Michigan)
Aggregating Subjective Well-Being for Marginal Policy Adjustments
Daniel J. Benjamin (Cornell University)
Ori Heffetz (Cornell University)
Miles Kimball (University of Michigan)
Nichole Szembrot (Cornell University)
[Download Preview]
Discussants:
Betsey Stevenson (University of Michigan)
David I. Laibson (Harvard University)
Edward Glaeser (Harvard University)
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom A
American Economic Association
Exploring the Role of Mortgage Lending Using Credit Report Data (E2)
Presiding: Bent Sorensen (University of Houston)
Real Estate Investors, the Leverage Cycle, and the Housing Market Crisis
Andrew Haughwout (Federal Reserve Bank of New York)
Donghoon Lee (Federal Reserve Bank of New York)
Joseph Tracy (Federal Reserve Bank of New York)
Wilbert van der Klaauw (Federal Reserve Bank of New York)
Accounting for the Growth in Residential Leverage in the 2000s
Kristopher Gerardi (Federal Reserve Bank of Atlanta)
Paul S. Willen (Federal Reserve Bank of Boston)
Stephen L. Ross (University of Connecticut)
Mortgage Companies and Regulatory Arbitrage
Yuliya Demyanyk (Federal Reserve Bank of Cleveland)
Elena Loutskina (University of Virginia)
[Download Preview]
Moving to a Job: The Role of Home Equity, Debt, and Access to Credit
Bent E. Sorensen (University of Houston)
Yuliya Demyanyk (Federal Reserve Bank of Cleveland)
Dmytro Hryshko (University of Alberta)
Maria Luengo-Prado (Norteastern University)
Discussants:
Shane M. Sherlund (Federal Reserve Board)
Wilbert van der Klaauw (Federal Reserve Bank of New York)
Sumit Agarwal (National University of Singapore)
Greg Kaplan (Princeton University)
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom H
American Economic Association
Financial Crises (E5)
Presiding: Vincenzo Quadrini (University of Southern California)
Efficient Bailouts?
Javier Bianchi (University of Wisconsin)
[Download Preview]
A Macroeconomic Framework for Quantifying Systemic Risk
Arvind Krishnamurthy (Northwestern University)
Zhiguo He (University of Chicago)
[Download Preview]
External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory
Ali Shourideh (University of Pennsylvania)
Ariel Zetlin Jones (Carnegie Mellon University)
[Download Preview]
Aggregate Issuance and Savings Waves
Andrea Eisfeldt (University of California-Los Angeles)
Tyler Muir (Northwestern University)
[Download Preview]
Discussants:
Vincenzo Quadrini (University of Southern California)
Frederic Malherbe (London Business School)
Pablo Kurlat (Stanford University)
Ali Shourideh (University of Pennsylvania)
Jan 06, 2013 1:00 pm, Hyatt, Manchester E
American Economic Association
Impacts of Accountability (I2)
Presiding: Jacob Vigdor (Duke University)
School Accountability, Standards and Family Sorting
David Figlio (Northwestern University)
Lauren Linzmeier (Northwestern University)
Jonas Vlachos (Stockholm University)
Accountability with Voucher Threats, Responses and the Test Taking Population
Rajashri Chakrabarti (Federal Reserve Bank of New York)
[Download Preview]
Long-Run Impact of School Accountability on Educational Attainment and Earnings
David Deming (Harvard University)
Jennifer L. Jennings (New York University)
Does the Market Value Value-Added? Evidence From Housing Prices After Public Release of Teacher Value-Added
Scott Imberman (Michigan State University)
Michael Lovenheim (Cornell University)
[Download Preview]
Discussants:
Julie Cullen (University of California-San Diego)
Brian Jacob (University of Michigan)
Jan 06, 2013 1:00 pm, Hyatt, Randle E
American Economic Association
Impacts of Unilateral Climate Change Policy (Q5)
Presiding: Brian Copeland (University of British Columbia)
A Numerical Investigation of the Potential for Negative Emissions Leakage
Niven Winchester (Massachusetts Institute of Technology)
Sebastian Rausch (Massachusetts Institute of Technology)
[Download Preview]
Linking Numerical and Analytical Models of Carbon Leakage
Jared C. Carbone (University of Calgary)
[Download Preview]
Leakage, Welfare, and Cost-Effectiveness of Carbon Policy
Kathy Baylis (University of Illinois-Urbana-Champaign)
Don Fullerton (University of Illinois-Urbana-Champaign)
Daniel Karney (University of Illinois-Urbana-Champaign)
[Download Preview]
Discussants:
Sam Kortum (University of Chicago)
Brian Copeland (University of British Columbia)
Ian Sue Wing (Boston University)
Jan 06, 2013 1:00 pm, Hyatt, Randle A
American Economic Association
International Trade with Costly Trade within Countries (F1)
Presiding: Andres Rodriguez-Clare (University of California-Berkeley)
Scale Effects and Productivity: Does Country Size Matter?
Natalia Ramondo (Arizona State University)
Andres Rodriguez-Clare (University of California-Berkeley)
Milagro Saborio-Rodriguez (Pennsylvania State University)
[Download Preview]
Internal Geography, International Trade, and Regional Outcomes
Pablo David Fajgelbaum (University of California-Los Angeles)
Kerem Cosar (University of Chicago)
[Download Preview]
Goods Trade, Factor Mobility and Welfare
Stephen Redding (Princeton University)
[Download Preview]
Who's Getting Globalized? The Size and Nature of Intranational Trade Costs
Dave Donaldson (Massachusetts Institute of Technology)
David Atkin (Yale University)
[Download Preview]
Discussants:
Lorenzo Caliendo (Yale University)
Gordon H. Hanson (University of California-San Diego)
Ralph Ossa (University of Chicago)
Jessie Handbury (Columbia University)
Jan 06, 2013 1:00 pm, Hyatt, Manchester G
American Economic Association
Mergers Analysis with Product Repositioning (L1)
Presiding: Mauricio Varela (University of Arizona)
The Welfare Consequences of Mergers with Product Repositioning
Mauricio J. Varela (University of Arizona)
Michael Mazzeo (Northwestern University)
Katja Seim (University of Pennsylvania)
[Download Preview]
Airline Mergers and the Potential Entry Defense
Andrew Sweeting (Duke University)
James Roberts (Duke University)
[Download Preview]
Mergers and Sunk Costs: An Application to the Ready-Mix Concrete Industry
Allan Collard-Wexler (New York University)
[Download Preview]
Effects of Mergers in Two-Sided Markets: Examination of the U.S. Radio Industry
Przemyslaw Jeziorski (University of California-Berkeley)
[Download Preview]
Discussants:
Ying Fan (University of Michigan)
Mo Xiao (University of Arizona)
Jacob Gramlich (Economist, Federal Reserve Board of Governors)
Allan Collard-Wexler (New York University)
Jan 06, 2013 1:00 pm, Hyatt, Manchester A
American Economic Association
Money Management by Households and Firms in Kenya (O1)
Presiding: David Weil (Brown University)
Transaction Networks: Evidence from Mobile Money in Kenya
William Jack (Georgetown University)
Tavneet Suri (Massachusetts Institute of Technology)
Adam Ray (Innovations for Poverty Action)
Returns to Capital and Entrepreneurial Decision-Making: Evidence from Inventories in Kenyan Retail Shops
Michael Kremer (Harvard University)
Jonathan Robinson (University of California-Santa Cruz)
Olga Rostapshova (Harvard University)
Jean Lee (The World Bank)
The Home Economics of E-Money: Velocity, Cash Management, and Discount Rates of M-Pesa Users
Isaac Mbiti (Southern Methodist University)
David N. Weil (Brown University)
[Download Preview]
Discussants:
Joshua Blumenstock (University of Washington)
Jonathan Morduch (New York University)
Dean Yang (University of Michigan)
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom G
American Economic Association
Policy Uncertainty and Macroeconomic Performance (E6)
Presiding: Steven Davis (University of Chicago)
Fiscal Volatility Shocks and Economic Activity
Jesus Fernandez-Villaverde (University of Pennsylvania)
Pabla Guerron (Federal Reserve Bank of Philadelphia)
Keith Kuester (Federal Rserve Bank of Philadelphia)
Juan Rubio-Ramirez (Duke University)
[Download Preview]
Measuring Economic Policy Uncertainty
Scott R. Baker (Stanford University)
Nicholas A. Bloom (Stanford University)
Steven J. Davis (University of Chicago)
[Download Preview]
The Geography of Uncertainty
David Mericle (Harvard University)
Daniel Shoag (Harvard University)
Stan Veuger (Harvard University)
Employment, Corporate Investment and Cash Flow Uncertainty
Sanjai Bhagat (University of Colorado)
Iulian Obreja (University of Colorado)
[Download Preview]
Jan 06, 2013 1:00 pm, Hyatt, Windsor B & C
American Economic Association
Taxes (H2)
Presiding: Sally Wallace (Georgia State University)
Wages and International Tax Competition
Tim Schmidt-Eisenlohr (University of Oxford)
Sebastian Krautheim (University of Frankfurt)
[Download Preview]
Income Tax Policy and the Behavior of Philanthropic Organizations
Andrew Hanks (Cornell University)
Jill McCluskey (Washington State University)
Ron Mittelhammer (Washington State University)
Country Characteristics and the Incidence of Capital Income Taxation on Wages: An Empirical Assessment
Celine Azemar (University of Glasgow)
R. Glenn Hubbard (Columbia University)
Tax Evasion across Industries: Soft Credit Evidence from Greece
Margarita Tsoutsoura (University of Chicago)
Adair Morse (University of Chicago)
Nikolaos Artavanis (Virginia Polytechnic Institute and State University)
Business Taxes and the Electoral Cycle
Dirk Foremny (University of Barcelona)
Nadine Riedel (Oxford University and University of Hohenheim)
Tax Policy and Firm Entry and Exit Dynamics: Evidence from OECD Countries
Richard Kneller (University of Nottingham)
Danny McGowan (Bangor University)
[Download Preview]
Jan 06, 2013 1:00 pm, Hyatt, Randle B
American Economic Association
The Effects of Online Economics Courses on Student Learning (I2)
Presiding: Neal Olitsky (University of Massachusetts-Dartmouth)
Student Outcomes in Principles: Online vs. Face-to-Face Delivery
Kathryn Birkeland (University of South Dakota)
Mandie Weinandt (University of South Dakota)
David L. Carr (University of South Dakota)
The Effectiveness of Interactive Online Exercises across Delivery Format
William T. Alpert (University of Connecticut)
Oskar R. Harmon (University of Connecticut)
James Lambrinos (Union Graduate College)
[Download Preview]
The Effect of Blended Courses on Student Learning: Evidence From Introductory Economics Courses
Neal H. Olitsky (University of Massachusetts-Dartmouth)
Sarah B. Cosgrove (University of Massachusetts-Dartmouth)
[Download Preview]
Student Performance and Perception of Online Homework Systems: Upper-Level Economics Class versus Principles of Economics Students
Robert L. Pennington (University of Central Florida)
Barbara Moore (University of Central Florida)
Discussants:
Neal H. Olitsky (University of Massachusetts-Dartmouth)
Kathryn Birkeland (University of South Dakota)
Oskar R. Harmon (University of Connecticut)
Robert L. Pennington (University of Central Florida)
Jan 06, 2013 1:00 pm, Hyatt, Edward A
American Economic Association
The Role of Information in Emerging Markets (D8)
Presiding: Alberto Salvo (Northwestern University)
Bargaining and Welfare: A Dynamic Structural Analysis of the Autorickshaw Market
Daniel E. Keniston (Yale University)
Distribution Fees and Mutual Fund Flows: Evidence from a Natural Experiment in the Indian Mutual Funds Market
Santosh Anagol (University of Pennsylvania)
Vijaya Marisetty (Monash University)
Renuka Sane (Indira Gandhi Institute of Development Research)
Buvaneshwaran Venugopal (Monash University)
[Download Preview]
Grab Them Before They Go Generic: Habit Formation and the Emerging Middle Class
Alon Eizenberg (Hebrew University of Jerusalem)
Alberto Salvo (Northwestern University)
Counterfeit or Substandard? Assessing Price and Non-Price Signals of Drug Quality
Ginger Zhe Jin (University of Maryland)
Roger Bate (American Enterprise Institute)
Aparna Mathur (American Enterprise Institute)
[Download Preview]
Discussants:
Santosh Anagol (University of Pennsylvania)
Ginger Zhe Jin (University of Maryland)
Daniel E. Keniston (Yale University)
Alberto Salvo (Northwestern University)
Jan 06, 2013 1:00 pm, Hyatt, Elizabeth Ballroom C
American Economic Association
Worker Skills, Job Quality, and Labor Market Matching (J2)
Presiding: Kathryn Shaw (Stanford University)
Have Good Jobs Been Disappearing in the U.S.?
Harry J. Holzer (Georgetown University)
Julia I. Lane (National Science Foundation)
David B. Rosenblum (Michigan State University)
Fredrik Andersson (Office of the Comptroller of the Treasury)
[Download Preview]
The Spread of Modern Retail: Implications for Wages
Brianna Cardiff (Stanford University)
Francine Lafontaine (University of Michigan)
Kathryn Shaw (Stanford University)
[Download Preview]
Worker Flows over the Business Cycle: the Role of Firm Quality
Lisa Kahn (Yale University)
Erika McEntarfer (U.S. Census Bureau)
[Download Preview]
Skill Mismatch and Unemployment in the United States
Marcello Estevao (International Monetary Fund)
Christopher Smith (Federal Reserve Board)
[Download Preview]
Discussants:
David H. Autor (Massachusetts Institute of Technology)
Till von Wachter (Columbia University)