AEAweb: AEA 2013 Annual Meeting PapersJan 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 [Download Preview] The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation [Download Preview] Goal Setting and Energy Efficiency [Download Preview] Public Goods Provision in the Presence of Heterogeneous Green Preferences [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 [Download Preview] The Consumption Value of Education: Implications for the Postsecondary Market [Download Preview] IMPROVING THE TARGETING OF TREATMENT: EVIDENCE FROM COLLEGE REMEDIATION [Download Preview] Integrity versus Access? The Effect of Financial Aid Availability on Postsecondary Enrollment [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 Regulatory Redistribution in the Market for Health Insurance [Download Preview] Private Coverage and Public Costs: The Effect of Private Supplemental Insurance on Medicare Spending [Download Preview] Cost-Shifting or Cost-Following: How Does Medicare Affect Private Physician Pricing?
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 Consequences of Withdrawal: Free Condoms and Birth Rates in the Philippines [Download Preview] The Impact of Legal Abortion on the Wage Distribution: Evidence from the 1970 New York Abortion Reform The Impact of Legalized Abortion on Early Childbearing in the Next Generation Children of the Pill: The Effect of Subsidizing Oral Contraceptives on Children's Health and Wellbeing [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 [Download Preview] Systemic Risk and Stability in Financial Networks Endogenous Intermediation in Over-the-Counter Markets [Download Preview] Systemic Risk and Network Formation in the Interbank Market [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 [Download Preview] When Performance Trumps Gender Bias When All Are Aboard: Does the Gender of Directors Matter? [Download Preview] Fatherhood and Managerial Style: How a Male CEO’s Children Affect the Wages of His Employees [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 [Download Preview] Job Referral Networks and the Determination of Earnings in Local Labor Markets [Download Preview] Are appearances deceiving? The nature and evolution of the beauty premium [Download Preview] Does Beauty Matter in Undergraduate Education? [Download Preview] The Role of Connections in Academic Promotions [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 Immigration and Employer Transitions for STEM Workers [Download Preview] Why Do High-Tech Workers Earn More in Houston Than Hyderabad? Evidence from Randomly Allocated U.S. Visas [Download Preview] Pathways to Adjustment in Science and Engineering Labor Markets
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 [Download Preview] House Price Dynamics: Fundamentals and Expectations [Download Preview] House Prices, Expectations, and Time-Varying Fundamentals [Download Preview] What Makes Residential Different from Non-Residential REITs? Evidence from Multi-Factor Asset Pricing Models [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 Domestic Value Added in Chinese Exports: Firm-level Evidence [Download Preview] Skill Premium and Trade Puzzles: A Solution Linking Production Factors and Demand [Download Preview] Selection Effects with Heterogeneous Firms [Download Preview] Cross-Border Price Effects of Mergers and Acquisitions: A Quantitative Framework for Competition Policy [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 Retaining a High Quality Teaching Workforce: The Effects of Pension Design [Download Preview] Out with the Old: The Effect of Teacher Retirements on Student Outcomes How Does Teacher Retirement Affect Student Achievement? [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 The Value of a Statistical Life: Evidence from Military Retention Incentives and Occupation-Specific Mortality Hazards New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-experiment [Download Preview] Transportation Choices, Fatalism and the Value of Life in Africa
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 Who Has Voice in a Deliberative Democracy? Evidence from Transcripts of Village Parliaments in South India [Download Preview] Institutions and Literacy in the Princely States Political Identity, Religion and Public Health Delivery in India
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 [Download Preview] Long-run Intergenerational Social Mobility and the Distribution of Surnames [Download Preview] On the Road to Heaven: Self-Selection, Religion, and Socioeconomic Outcomes [Download Preview] Grandfathers Matter(ed): Occupational Mobility Across Three Generations in the U.S. and Britain, 1850-1910 [Download Preview] Theoretical Models of Inequality Transmission across Multiple Generations [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 Drug Quality and the Development of Private Retail Pharmacy Markets Monopolistic Competition, Technology Adoption and Market Power: Evidence from Randomized Controlled Trial in Uganda Subsidized ACTs and RDTs through the Zambian Private Sector: Impacts on Provider and Consumer Behavior
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? Horizontal vs. Vertical FDI: Revisiting Evidence from U.S. Multinationals The Span of Control and the International Expansion Strategies of Multiproduct Firms The Perfect Match: Assortative Matching in International Acquisitions and the Source of Multinational Advantage
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 From Public Influence to Private Return: Evidence from the Italian Advertising Market Media Effects in Nazi Germany Determinants of Media Capture in China [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 [Download Preview] What Instrumental Variable Models Deliver with Discrete Dependent Variables Control Functions and Simultaneous Equations Methods
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 Capital Controls in Brazil: Effective? Efficient? The New Economics of Prudential Capital Controls Mitigating Systemic Spillovers from Currency Hedging
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 [Download Preview] Integrating Psychology into Normal-Science Economics Salience and Asset Prices [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 [Download Preview] Historical Perspective of Federal Reserve Independence [Download Preview] The Effectiveness of Central Bank Independence Versus Policy Rules [Download Preview] Central Bank Laws and Monetary Policy Outcomes: A Three Decade Perspective [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 [Download Preview] Cognitive Development, Achievement, and Parental Investments:Evidence from a Clean Water Reform in Mexico [Download Preview] Religion and Health in Early Childhood: Evidence from the Indian Subcontinent High-Powered Incentives for Childhood Anemia Reduction in Rural China
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 [Download Preview] Transferability of Skills, Income Growth and Labor Market Outcomes of Recent Immigrants in the United States [Download Preview] How Do Money Market Conditions Affect Shadow Banking Activity? Evidence from Security Repurchase Agreements [Download Preview] Do Geographic Deregulations of Banking Affect Product Markets? Evidence from Manufacturers Estimating the Incidence of Government Spending [Download Preview] Is There a Stepping Stone Effect in Drug Use? Separating State Dependence from Unobserved Heterogeneity within and across Illicit Drugs [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 [Download Preview] de Soto vs. Yunus: Microfinance, Property Rights, and Development Policy Health, Height, Height Shrinkage and SES at Older Ages: Evidence from China [Download Preview] Barriers to Prosperity: Parasitic Diseases, IQ and Economic Development Aid Under Fire: Development Projects and Civil Conflict [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 Using State Level Pension Shocks to Estimate Fiscal Multipliers [Download Preview] ARRA Spending, Job Growth and Fiscal Integration Are Government Spending Multipliers Greater during Periods of Slack? Evidence from 20th Century Historical Data [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 Deposit Insurance Reduced Depositor Monitoring: Quasi-Experimental Estimates from the Creation of the Federal Deposit Insurance Corporation The Board of Directors in Hedge Fund Governance [Download Preview] Do Humans Perceive Temporal Order in Asset Returns? Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility [Download Preview] The Roles of Corporate Governance in Bank Failures during the Recent Financial Crisis [Download Preview] High Frequency Trading and End-of-Day Manipulation [Download Preview] Political Connections and Firm Value: Evidence from Close Gubernatorial Elections [Download Preview] Competing on Speed [Download Preview] Do Lending Relationships Affect Corporate Financial Policies? Does Macro-Pru Leak? Evidence from a UK Policy Experiment [Download Preview] Pension Fund Asset Allocation and Liability Discount Rates: Camouflage and Reckless Risk Taking by U.S. Public Plans? [Download Preview] Liquidity Shocks, Dollar Funding Costs, and the Bank Lending Channel during the European Sovereign Crisis [Download Preview] Bank Lending Channels During the Great Recession [Download Preview] How Do Frictions Affect Corporate Investment? A Structural Approach CISS - A Portfolio-Theoretic Framework for the Construction of Composite Financial Stress Indices [Download Preview] Beyond Q: Estimating Investment without Asset Prices [Download Preview] How Important are Foreign Ownership Linkages for International Stock Returns? [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 [Download Preview] Banking Bubbles and Financial Crisis Demand Creates its Own Supply [Download Preview] The Lehman Shock and the Dynamics of the Crisis [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 [Download Preview] Does Working From Home Work? Evidence From a Chinese Experiment [Download Preview] Ownership Turnover, Management Change and Productivity: Evidence from the Japanese Cotton Spinning Industry [Download Preview] Healthcare Exceptionalism? Productivity and Allocation in the U.S. Healthcare Sector [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 [Download Preview] Firms along the Value-Added Chain: Processing Trade in China [Download Preview] Do Prices Determine Vertical Integration? Evidence from Trade Policy [Download Preview] Global Value Chains During the Great Trade Collapse: A Bullwhip Effect? [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 Identifying the Effect of Government Spending: Evidence from Political Variations in Federal Grants Macroeconomic Effects of Progressive Taxation [Download Preview] How is Tax Policy Conducted over the Business Cycle? [Download Preview] Marriage Stability, Taxation and Aggregate Labor Supply in the US vs. Europe [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 [Download Preview] Neighborhoods vs. Schools Place Based Policies and Unemployment [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 [Download Preview] The Promise of Positive Optimal Taxation: A Generalized Theory Calibrated to Survey Evidence on Normative Preferences Explains Puzzling Features of Policy [Download Preview] Fair Income Tax with Endogenous Productivities [Download Preview] Generalized Social Marginal Welfare Weights for Optimal Tax Theory [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 [Download Preview] Deconstructing income and income inequality measures: A cross walk from market income to comprehensive income [Download Preview] Consumption and Income Inequality in the U.S. Since the 1960s [Download Preview] Measuring the Trends in Inequality of Individuals and Families: Income and Consumption Abstract: [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 Choice Architecture and the Locus of Fiduciary Obligation in Defined Contribution Plans [Download Preview] Target-Date Funds: Survey and Administrative Evidence [Download Preview] Do 401(k) Advisors Take Their Own Advice? [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 Optimal Expectations and Limited Medical Testing: Evidence from Huntington Disease [Download Preview] Stigma in the Labor Market: Evidence from Juveniles Transferred to Adult Court and Occupations with Mandated Criminal Background Checks [Download Preview] The Effects of DNA Databases on Crime [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 [Download Preview] Decentralized Exchange Information Percolation in Segmented Markets Trading and Information Diffusion in Over-the-Counter Markets [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 [Download Preview] One Essay on Dissertation Styles in Economics [Download Preview] How Economists Allocate Time to Teaching and Research [Download Preview] Economic Understanding in U.S. High School Courses [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 [Download Preview] Female Labor Supply: Why is the US Falling Behind? [Download Preview] Shocking Female Labor Supply: A Reassessment of the Impact of World War II on U.S. Women's Labor Supply [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 What Happens to Household Formation in a Recession? Sharing a Household: Economic Downturns and Transitions in Living Arrangements, 2001-2011 Booms, Busts, and Fertility: Testing the Becker Model Using Gender-Specific Labor Demand
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 Organizational Form, Ownership Structure and Top Executive Turnover: Evidence in the Property-Liability Industry External Financing in the Life Insurance Industry: Evidence from the Financial Crises Endogeous Information and Adverse Selection under Loss Prevention Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities
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 [Download Preview] Differential Effects of Corruption and Legal Systems on Efficiency of Government Owned vs. Privatized Airports Understanding the Determinants of Vehicle Fatalities: A Classical and Bayesian Approach Maritime Transport Chains: Carrier, Port and Shipper Choice Effects
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
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 Discouraging Workers: Estimating the Impacts of Macroeconomic Shocks on the Search Intensity of the Unemployed Tree Huggers and Road Warriors: Fuel Efficiency Regulations Was There an "Annika Effect" in the PGA?
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? How Close is ASEAN to a Common Global-Currency Basket? International Transmission of Emerging Economy Supply Shocks: Analysis of a Three-Country DSGE Model Do Policy-Related Shocks Affect Real Exchange Rates of Asian Developing Countries?
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 [Download Preview] Dishonesty and Charitable Behavior [Download Preview] The Impact of Cartelization on Pricing Dynamics: Evidence from the German Cement Industry Competition and Corporate Fraud The Importance of Psychology in Economic Activity: Evidence from Terrorist Attacks
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 [Download Preview] Management in American (CENSUS) [Download Preview] Impact of Firm-Level Shocks on Consumer Behavior: Evidence from Individual Panel Data [Download Preview] Bayesian Variable Selection for Nowcasting Economic Time Series [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 [Download Preview] The Effect of a Mandatory Time-of-Use Pricing Reform on Residential Electricity Use [Download Preview] Does Conservation Targeting Work? Evidence from a Statewide Electricity Rebate Program in California [Download Preview] The Short-Run and Long-Run Effects of Behavioral Interventions: Experimental Evidence from Energy Conservation [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? [Download Preview] Birth Order Differences in Early Inputs and Outcomes [Download Preview] The Impact of Childhood Health on Adult Educational Attainment: Evidence from Mandatory School Vaccination Laws [Download Preview] Inheritances, Intergenerational Transfers, and the Accumulation of Health
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 [Download Preview] Estimating the influence of life satisfaction and positive affect on later income using sibling fixed-effects [Download Preview] Smoking Bans, Cigarette Prices and Life Satisfaction [Download Preview] The Earned Income Tax Credit, Health, and Happiness [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? Natural Gas: From Shortages to Abundance [Download Preview] Transportation Fuels Policy since the OPEC Embargo: Paved with Good Intentions [Download Preview] Efficient Retail Pricing in Electricity and Natural Gas Markets: A Familiar Problem with New Challenges [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 Gender, Group Identity and Social Preferences Measuring Competitiveness Why Do Women (Not) Give More?
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 [Download Preview] Optimal Financial Knowledge and Wealth Inequality [Download Preview] Incidental Bequests: Bequest Motives and the Choice to Self-Insure Late-Life Risks [Download Preview] Social Security, Endogenous Retirement and Intrahousehold Cooperation [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 Foreign Ownership of U.S. Safe Assets: Good or Bad? [Download Preview] Capital Flows and the Risk-Taking Channel of Monetary Policy [Download Preview] Financial Globalization, Inequality and the Raising of Public Debt [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 [Download Preview] Lucas and Anti-Lucas Paradoxes [Download Preview] Sovereigns, Upstream Capital Flows and Global Imbalances [Download Preview] Productivity Growth and Capital Flows: The Dynamics of Reforms [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 Inflation Dynamics during the Financial Crisis: Microeconomic Evidence on the Linkages between Price-Setting and Balance Sheet Conditions Testing for Keynesian Labor Demand Customer Capital and the Labor Wedge
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 Negative Tests and the Efficiency of Medical Care: Investigating the Determinants of Imaging Overuse Do Physicians' Financial Incentives Affect Treatment Patterns and Patient Health? [Download Preview] The Health Effects of Weather and Pollution: Implications for Climate Change Workplace Interactions and Fear of Breast Cancer: Evidence from a Dynamic Natural Experiment [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 [Download Preview] Social Institutions, Violence and Innovations: Did the Old Poor Law Matter? [Download Preview] Not the Opium of the People: Income and Secularization in a Panel of Prussian Counties [Download Preview] From Stagnation to Sustained Growth: The Role of Female Empowerment [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? Race and College Success: Evidence from Missouri An Empirical Analysis of Racial Segregation in Higher Education [Download Preview] Estimating the Return to College Selectivity over the Career Using Administrative Earnings Data [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 [Download Preview] The Persistence of Political Partisanship: Evidence from 9/11 [Download Preview] Sequential or Simultaneous Elections? A Welfare Analysis [Download Preview] "The People Want the Fall of the Regime": Schooling, Political Protest, and the Economy Confidence and Overconfidence in Political Economy
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 [Download Preview] Productivity or Employment: Is It a Choice? Is the Information Technology Revolution Over? The Productivity Performance of European Economies [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 Debt Stabilization in a Non-Ricardian Economy Fiscal Policy and the Distribution of Consumption Risk Exchange Rate Pass-Through and the Effects of Tariffs on Economic Performance and Welfare
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 MIT's Textbooks Afro Americans at MIT Creating MIT Economics: Hiring Jewish Faculty
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 Provision versus Appropriation in Symmetric and Asymmetric Social Dilemmas How Uses the Position of Power in Asymmetric Commons Dilemmas? Managing Resources with Potential Regime Shifts: Using Experiments to Explore Social–Ecological Linkages in Common Resource Systems
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 West Coast Cool Swing/Traditional Group 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 [Download Preview] A Structural Estimation of Capital Market Distortions The Road to Real Exchange Rate Depreciation The Ownership Structure of Offshoring and Wage Inequality: Theory and Evidence from China [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 [Download Preview] Output Gaps and Robust Monetary Policy Rules [Download Preview] Real-time Model Uncertainty in the United States: Robust Policies Put to the Test [Download Preview] The Performance of Competing Monetary Regimes under Model Uncertainty
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 [Download Preview] Monopolistic Competition and Optimum Product Diversity Under Firm Heterogeneity [Download Preview] Discrete Choice Cannot Generate Demand That Is Additively Separable in Own Price [Download Preview] The Impact of Competition on Prices with Numerous Firms [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 Cognitive Human Capital and Wealth Accumulation of Former Slaves [Download Preview] Fertility Responses to Infant and Maternal Mortality: Quasi-Experimental Evidence from 20th Century America [Download Preview] The Persistence of the Inquisitorial Mind: Long-Run Effects of the Spanish Inquisition When Autarkic China Met Expansive Europe: The Rise of Merchant-Pirates in the Sixteenth Century
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 Modest, Secure and Informed: Successful Development in Conflict Zones [Download Preview] Insurgent Compensation: Evidence from Iraq [Download Preview] Evaluating Economic Warfare: Lessons from Efforts to Suppress the Afghan Opium Trade
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 Financial Markets and the Returns to Fertilizer Does Savings Lead to More Investment in Microenterprises?
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 Constructing Factors from Continuous and Categorical Data [Download Preview] Inference on Treatment Effects after Selection amongst High-Dimensional Controls [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 Do Local Immigration Laws Impact Employment and Wages? Evidence from the 287(g) Program The Impact of Mandated Employment Verification Systems on State-Level FDI
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 [Download Preview] Imported Inputs, Quality Complementarity, and Skill Demand [Download Preview] International Trade, Technology, and the Skill Premium Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters [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? [Download Preview] Consumer Uncertainty and Price Discrimination through Online Coupons: An Empirical Study of Restaurants in Shanghai [Download Preview] Measuring the Impact of File Sharing on the Movie Industry: An Empirical Analysis Using a Panel of Countries [Download Preview] The Effect of Internet Distribution on Brick-and-mortar Sales [Download Preview] Reputation and Adverse Selection; Theory and Evidence from eBay [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 [Download Preview] Maintaining Consumption Levels over Economic Fluctuations and the Impact on Consumption vs. Spending-Based SPM Thresholds [Download Preview] Identifying the Disadvantaged: Official Poverty, Consumption Poverty, and the New Supplemental Poverty Measure [Download Preview] Estimating the Supplemental Poverty Measure (SPM) using the Survey of Income and Program Participation
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 [Download Preview] Uncertainty Shocks: Puzzling Facts and Learning Theory Inflation Dynamics and Time-Varying Uncertainty: New Evidence and an Ss Interpretation
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 [Download Preview] Fundamental Models for Forecasting Elections [Download Preview] Ethical Voters and the Demand for Political News [Download Preview] Politicians' Luck of the Draw: Evidence from the Spanish Christmas Lottery [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 [Download Preview] GENDER ROLES AND NON-COOPERATIVE BEHAVIOR: FIELD EXPERIMENT ON THE EFFECT OF ASYMMETRIC INFORMATION ON INTRA-HOUSEHOLD ALLOCATION IN GHANA [Download Preview] What Happens When a Woman Wins a Close Election? Evidence from Brazil [Download Preview] Are Women Better than Men at Multitasking Household Activities? New Experimental Evidence [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 [Download Preview] The Impact of Health Reform on Personal Bankruptcy The Difference a Day (Doesn't) Make: Does Giving Borrowers More Time to Repay Break the Cycle of Repeated Payday Loan Borrowing? How Big a Deal was Bankruptcy Reform?
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 Tax Me if You Can: Third-party Cross-Checks and Evasion Substitution Tax Me, But Spend Wisely: Public Finance and Government Accountability [Download Preview] Monitoring and Its Interaction with Punishment in Tax Enforcement: Evidence from a Regression Discontinuity Design
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 [Download Preview] Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market [Download Preview] Carbon Markets, Carbon Prices and Innovation: Evidence from Interviews with Managers [Download Preview] Energy-Saving Technical Change [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 [Download Preview] Getting Qualified High School Seniors to Enroll in College: An Experimental Study in New Hampshire TBA Teacher Quality Policy When Supply Matters [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? [Download Preview] Comparing Beliefs of Economists and the Public [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 Does Reform Prevent Rebellion? Evidence from Russia's Emancipation of the Serfs Property Rights and Internal Migration: The Case of the Stolypin Agrarian Reform in the Russian Empire Revolution and Industrialization in Russia Through the Lens of Neoclassical Growth Theory
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? An Early Look at the Preventive Care Provisions in the Affordable Care Act Evaluating the Short-Run Impact of Medical Loss Ratio Regulation on the Individual and Small Group Markets
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 Village Political Economy, Land Tenure Insecurity, and the Rural to Urban Migration Decision: Evidence from China [Download Preview] Seasonal Migration and Risk Aversion [Download Preview] Interaction Between Migrants and Origin Households: Evidence from Linked Data
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 Distressed, but not risky: Reconciling the empirical relationship between financial distress, market-based risk indicators, and stock returns (and more) [Download Preview] Understanding the Behavior of Distress Stocks [Download Preview] Credit Risk and Disaster Risk [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 [Download Preview] Climate Change and U.S. Electric Power [Download Preview] Does the Effect of Pollution on Infant Mortality Differ between Developing and Developed Countries? Evidence from Mexico City [Download Preview] The Value of Water in the U.S. Economy: Problems of Basic Inference [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 [Download Preview] Family, Education, and Sources of Wealth Among the Richest Americans, 1982-2012 [Download Preview] The Evolution of Top Incomes and Top Tax Rates: Evidence and Policy Implications Bailouts and the Optimal Taxation of Bonus Pay [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 [Download Preview] Corporate Debt Structure and the Financial Crisis [Download Preview] Global Banks, Financial Shocks and International Business Cycles: Evidence from an Estimated Model [Download Preview] Aggregate Implications of a Credit Crunch
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 [Download Preview] A Century of Capital Structure: The Leveraging of Corporate America [Download Preview] A Century of Firm-Bank Relationships: Did Banking Sector Deregulation Spur Firms to Add Banks and Borrow More? [Download Preview] Economic Effects of Runs on Early "Shadow Banks": Trust Companies and the Impact of the Panic of 1907 [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 Firmâ€Level Task Composition: Is there a Gender Component? [Download Preview] Gender Empowerment in 19thCentury Sweden: Using Historical Data to Assess the Effects of Trade Shocks on Women's Economic Empowerment [Download Preview] Men, Women, and Machines: How Trade Impacts Gender Inequality [Download Preview] The German ‘Rosie the Riveter’: The Long-Term Effects of Postwar Reconstruction on Female Employment and Family Formation [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 Monetary Policy and Inequality in the US [Download Preview] Income Inequality and Current Account Imbalances [Download Preview] Intergenerational Redistribution in the Great Recession [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 [Download Preview] Evaluating International Consumption Risk Sharing Gains: An Asset Return View [Download Preview] BKK the EZ Way: An International Production Economy with Recursive Preferences [Download Preview] The Share of Systematic Risk in Bilateral Exchange Rates [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 [Download Preview] New Disaggregated Data on Flow of Funds and Economic Activity in the United States, 1816-1910, from the US Postal System [Download Preview] Native students and the gains from exporting higher education: evidence from Australia [Download Preview] Unexceptional Exporter Performance in China? The Role of Processing Trade Saving the Euro: Mitigating Financial or Trade Spillovers? [Download Preview] Stealing to Survive? Crime and Income Shocks in 19th Century France [Download Preview] Costly Information Processing and Consumption Behavior [Download Preview] Macroprudential Policy: Its Effects and Relationship to Monetary Policy [Download Preview] Determining the Peak and Trough of State Economic Activity [Download Preview] The Impact of Interlinked Index Insurance and Credit Contracts on Financial Market Deepening and Small Farm Productivity [Download Preview] Does Monetary Policy Matter in China? A Narrative Approach [Download Preview] Mastering the Great Recession in Germany: Determinants of Working Time Accounts Use to Safeguard Employment during the Global Economic Crisis Why did Household Mortgage Leverage Rise from the mid-1980s until the Great Recession? [Download Preview] Real Business Cycles with a Human Capital Investment Sector and Endogenous Growth: Persistence, Volatility and Labor Puzzles [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 [Download Preview] Asymmetries in Price-Setting Behavior: New Microeconometric Evidence from Switzerland [Download Preview] Selection and Monetary Non-Neutrality in Time-Dependent Pricing Models [Download Preview] Asset Pricing in Production Economies with Extrapolative Expectations [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 Shifting Mandates: The Federal Reserve’s First Centennial [Download Preview] The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn't Matter [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 The Importance (or Not) of Patents to UK Firms An Ear for your Quote. Patent Citations and the Size of Patented Inventions - Evidence from Hybrid Corn. [Download Preview] Title: Trade Secrets, Non-Competes, and Mobility of Engineers and Scientists: Empirical Evidence [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 [Download Preview] Heterogeneity, Market Structure, and the Effect of Inattention in Used Vehicle Markets Distinguishing Probability Weighting from Risk Misperceptions in Field Data The Importance of Being Marginal: Gender Differences in Generosity
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 [Download Preview] Heterogeneous Technology Diffusion and Ricardian Trade Patterns [Download Preview] A Dynamic Adoption Model with Bayesian Learning: An Application to U.S. Soybean Farmers [Download Preview] Moore's Law Goes Multicore: The Economic and Strategic Consequences of a Fundamental Change in How Computers Work Technological Innovation, Resource Allocation, and Growth [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 An Exploratory Study of the Pricing of Legal Services [Download Preview] Improving the Bar by Lowering the Bar: Licensing Difficulty and Attorney Quality in Japan [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 [Download Preview] Do Cell Phone Restrictions Reduce Fatal Crashes Involving Young Drivers? Making the Grade: The Impact of Classroom Behavior on Academic Achievement
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 Bank Regulatory Capital Buffer and Liquidity: Evidence from U.S. and European Publicly Traded Banks The Relation between Bank Credit-Risk Management Procedures and Originate-to-Distribute Mortgage Quality during the Financial Crises Rethinking the Speed of Adjustment toward a Target Capital Structure: A Cost-Benefit Analysis
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? Reviving Growth in the G7 and the G20 Global Infrastructure Initiative and Global Recovery The Shift from G7 to G20 Increased Swings in Major Exchange
Rates and Worsened Their Options
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? Power, luck and ideology -- technological and institutional parameters of the agency problem for CEOs [Download Preview] A Class-Based Explanation of Increasing Income Inequality
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 Comprehensive Tax Reform and Energy Policy Competition of Fuels and the Outlook for Oil and Gas
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 Capital Controls and Currency Wars [Download Preview] Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls [Download Preview] Multilateral Aspects of Managing the Capital Account [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 [Download Preview] Working Over Time: Dynamic Inconsistency in Real Effort Taks The Effects of Savings on Risk-Taking and Intertemporal Choice Behavior: Evidence from a Randomized Experiment Cognitive Limits, Apparent Impatience, and Monthly Consumption Cycles: Theory and Evidence from the South African Pension [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 Competitive Analysis for a Firm Using Current Market Conditions Interactive Lecture Demonstrations: Getting to the Reflection Step The Use of Service Learning Projects to Teach Introductory Consumer Economics Enhancing Teachers' Classroom Effectiveness in Economics: GIGEL as an Alternative Model Using Competition as a Pedagogical Device in Large Principles of Economics Classes Creating Connections: Exploring Economic Issues through Cyclic Concept Mapping A Futures Trading Project to Promote Active Learning in Agricultural Economics Courses [Download Preview] Market Making with i-clikers Learning by Doing: Getting Students to "Discover" Answers Using Newspaper Articles and Documentary Films for Applications in Principles of Economics Courses [Download Preview] The Labour Market Rent-A-Car: Teaching Managerial Economics with a Team-Based Interactive Case Study [Download Preview] What Works in Principles of Macro Classes: Enrollment 700 or Enrollment 30 Learning about the Economic Impact of a Sports Arena Cheat Sheet: Is It Worth It? The Effectiveness of the Quality of Cheat Sheet Used in Undergraduate Econometrics Courses Power-Up Smartphones to Access Knowledge and Electrify Class Participation [Download Preview] Using Creative Video Clips Projects as Active Learning, Strategies in Economics Courses Revise and Resubmit: Using Exams as Teaching Tools Teaching Intermediate Microeconomics in "The Inside-Out Classroom" [Download Preview] Employing Regional Survey Data in Teaching Students on the Price Index Calculation and Cost of Living Concept Uisng Extra Credit in a Student Game Theory Simulation [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 [Download Preview] Consumer Tracking and Efficient Matching in Online Advertising Markets [Download Preview] Supply-Side Responses to Privacy Protection [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 [Download Preview] Technology and Child Development: Evidence from the One Laptop Per Child Program [Download Preview] The Effect of Early-Life Education on Later-Life Mortality [Download Preview] The effect of education on old age health and cognitive abilities - does the instrument matter? [Download Preview] Wise Up: Get Educated, Quit Smoking [Download Preview] Looking Beyond Enrollment: The Causal Effect of Need-Based Grants on College Access, Persistence, and Graduation [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 [Download Preview] Politics on the Road to the U.S. Monetary Union [Download Preview] Keynes the Stock Market Investor [Download Preview] Identifying Fiscal Policy (In)effectiveness from the Differential Adoption of Keynesianism in the Interwar Period [Download Preview] Income Taxation and Business Incorporation: Evidence from the Early Twentieth Century [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 [Download Preview] Output Spillovers from Fiscal Policy [Download Preview] Forecasting the Great Recession: This Time is Different
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 [Download Preview] Can the Major Public Works Program in India Serve as Buffer against Negative Shocks? A Panel Study from Andhra Pradesh, India [Download Preview] Adult Antiretroviral Therapy and Child Health: Evidence from Scale-up in Zambia [Download Preview] Women's Land Rights and Child Well-Being in Vietnam [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 [Download Preview] Taxes and the Size and Composition of Executive Compensation Heterogeneity in the Tax Elasticity of Capital Gains The Fixed-Bracket Average Treatment Effect: A Constructive Alternative to LATE Analysis for Tax Policy [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 Learning from Others' HIV Testing: Updating Beliefs and Responding to Risk Do Sex Workers Respond to Disease? Evidence from the Male Market for Sex
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 [Download Preview] Customer Capital [Download Preview] Intangible Assets and Cross-Sectional Stock Returns: Evidence from Structural Estimation [Download Preview] Toward a Quantitative General Equilibrium Asset Pricing Model with Intangible Capital
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 [Download Preview] International Policy Coordination and Transmission International Macroeconomic Policy Coordination with Debt Overhang International Monetary Coordination and the Great Deviation [Download Preview] International Policy Coordination in the Euro Area: Towards an Economic and Financial Federation
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 Sources of Wage Inequality The Geography of Trade and Technology Shocks in the United States [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 Do Labor Market Networks Have An Important Spatial Dimension? Workplace Agglomeration and Social Network Segregation: Labor Market Returns by Race. Peer Effects in Program Participation [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? Measuring Switching Costs in the Medicare Prescription Drug Insurance Market Health Plan Response to Risk Adjustment: Evidence from Medicare Advantage Enrollment and Disenrollment Information Frictions and the Welfare Consequences of Adverse Selection [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 Impacts of Conditional versus Unconditional Transfers on Livelihood and Conservation Outcomes Two-Dimensional Evaluation: The Environmental and Socioeconomic Impacts of Mexico's Payments for Hydrological Services Program [Download Preview] Effects of Payment for Environmental Services and Decentralized Forest Management on Environmental and Human Welfare Outcomes: A Systematic Review of the Evidence
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 [Download Preview] The War on Poverty's Experiment in Public Medicine: Community Health Centers and the Mortality of Older Americans [Download Preview] The 1966 FLSA Amendments, Hospital Costs and Employment, and Medicare School Quality and the Long-Run Effects of Head Start
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? The Role of Affirmative Action in Egalitarian Social Policies Designing for Diversity: Implementing Affirmative Action Policies through Matching The Superficial Morality of Color-Blindness: Why Equal Opportunity May Not Be Enough [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 Insecurity in a Pastoral Setting: Consequences and Dynamics Measuring the Economic Costs of Armed Conflict The Ghost of War in Post-Conflict Development Policy: The Case of Biofuel Concessions in Mozambique War and Famine, Peace and Light? The Economic Dynamics of Conflict in Somalia
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 A Funny Thing Happened on the Way to Stockholm: My Friendly Fights with Nobel Prize Economists Hyperinflation in Hell Local Average Treatment Effects in Supernatural Experiments What's So Funny About Making Monetary Policy? 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 [Download Preview] Building State Capacity: Biometric Identification and the Delivery of Public Programs in India The Darker Side of Private Ownership: Tax Avoidance in 3,650 Privatized Vietnamese Enterprises Much Ado about Nothing? Corruption in the Allocation of Wireless Spectrum in India [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 [Download Preview] Performance Differences, Managerial Practices, and Relational Contracts [Download Preview] Management as a Technology? New Empirics and Old Theories [Download Preview] Injecting Successful Charter School Strategies into Traditional Public Schools: Early Results from an Experiment in Houston
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 [Download Preview] Liquidity Constraints and Deforestation: The Limitations of Payments for Ecosystem Services [Download Preview] Truth-Telling by Third-Party Auditors: Evidence from a Randomized Field Experiment in India
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 Lifetime Transfers and Wealth Income and Substitution Efffects of Estate Taxation
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 [Download Preview] Does Resale Explain the Pooling of Bids at the Reserve Price? Evidence from the Lab and Field Multi Object Auctions with Resale: Theory and Experiment Affirmative Action and Pre-College Human Capital Investment: Evidence from a Randomized Field Experiment
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 Business Cycles and Household Formation: The Micro vs the Macro Labor Elasticity Does Female Empowerment Promote Economic Development? Child-Care Subsidies and Household Labor Supply
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 [Download Preview] Playing the Fertility Game at Work [Download Preview] Brides for Sale: Cross-Border Marriages and Female Immigration [Download Preview] The Child Adoption Marketplace: Parental Preferences and Adoption Outcomes [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 [Download Preview] Meta-Analysis of Genome-Wide Association Studies of Educational Attainment Genetic Modulation of the Effects of Tobacco Taxation on Use [Download Preview] Meta-Analysis of Genome-Wide Association Studies of Well-Being
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 [Download Preview] How Does Provider Supply and Regulation Influence Health Care Markets? Evidence from Nurse Practitioners and Physician Assistants [Download Preview] Monopsony in the Low-Wage Labor Market: Evidence from Minimum Nurse-Staffing Regulations Trends in Dual-Career Households and the Locational Choice of Physicians
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 [Download Preview] International Evidence on Government Support and Risk-Taking in the Banking Sector [Download Preview] Menu Costs, Trade Flows, and Exchange Rate Volatility [Download Preview] Equilibrium Dynamics in Repressive Economies: Evidence from the Belarusian Black Market for Foreign Exchange [Download Preview] Why Do Emerging Markets Liberalize Capital Outflow Controls? Fiscal versus Net Capital Flows Concerns [Download Preview] The Cross-Section of Currency Order Flow Portfolios [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 [Download Preview] Debt Deflation Effects of Monetary Policy [Download Preview] Do People Understand Monetary Policy? [Download Preview] Monetary Policy Shocks and Stock Returns: Identification Through Impossible Trinity [Download Preview] Asset Prices, Collateral and Unconventional Monetary Policy in a DSGE Model [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 Optimal Progressive Income Taxation with Endogenous Education Decisions and Intergenerational Transfers [Download Preview] Optimal Pension Systems with Simple Instruments
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 [Download Preview] Beaches, Sunshine, and Public-Sector Pay: Theory and Evidence on Amenities and Rent Extraction by Government Workers [Download Preview] General Revenue Sharing and Public Sector Unions [Download Preview] The Effects of Collective Bargaining Rights on Public Employee Compensation: Evidence from Teachers, Fire Fighters, and Police [Download Preview] Public Sector Unionism without Collective Bargaining [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 High School Economics as Preparation for Principles of Microeconomics Courses Do algebra and geometry provide the same value in preparing high school students for economics? [Download Preview] A Survey of Principles Instructors: Why Lecture Prevails [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 [Download Preview] Vocational Education Voucher Delivery and Labor Market Returns: A Randomized Evaluation Among Kenyan Youth Transfers, Diversification and Household Risk Strategies: Experimental Evidence with Lessons for Climate Change Adaptation [Download Preview] Learning and Earning: Evidence from a Field Experiment in India [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 [Download Preview] Services and the Dynamics of Female Labor Supply [Download Preview] The Agricultural Productivity Gap in Developing Countries [Download Preview] Capital-Labor Substitution, Structural Change and Growth
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 [Download Preview] What Drives Short-Term Debt Creation? The Impact of Treasury Supply Procyclical Leverage and Value-at-Risk [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 Dissecting Saving Dynamics: Measuring Credit, Wealth, and Precautionary Effects [Download Preview] How Financial Innovations and Accelerators Drive Booms and Busts in U.S. Consumption What's Driving Deleveraging? Evidence from the Survey of Consumer Finances
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 The Impact of Affirmative Action on the Employment of Minorities and Women over Three Decades: 1973-2003 The Earned Income Tax Credit for Single Mothers: Insurance without Disincentives [Download Preview] School Calendars, Child Care Availability and Maternal Employment
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 [Download Preview] Hours and Work Sharing during the Great Depression: Comparisons and Contracts with Other Downturns in the 20th Century [Download Preview] Job Search Theory and Unemployed Job Search over the Lifecycle
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 [Download Preview] Do Mood Swings Drive Business Cycles and Is It Rational? [Download Preview] Animal Spirits, Heterogeneous Expectations and the Amplification and Duration of Crises [Download Preview] Balance-Sheet Shocks and Recapitalizations [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 Why Is Job Loss Costly? An Analysis of the Geographic Mobility Patterns of Displaced Workers Economic and Health Implications of Long-Term Unemployment: Earnings, Disability Benefits, and Mortality
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 [Download Preview] Broken Promises and Hidden Partnerships Deception and Reciprocity Communication Protocol, Content, and Deception
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 Heterogeneity in Health State Dependence of Utility [Download Preview] Health Insurance and the College Premium [Download Preview] Disability Insurance and Health in Europe and the US
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 [Download Preview] Using Behavioral Economics to Increase the Efficacy of Teacher Incentives Harnessing Complementarities in the Education Production Function [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 [Download Preview] The Macroeconomics of Uncertainty and Volatility [Download Preview] Dynamics of the US Price Distribution Wealth and Volatility
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 Worms at Work: Long-Run Impacts of Child Health Gains Education and Labor Market Outcomes: Medium-Term Effects from a Randomized CCT in Nicaragua [Download Preview] Demand versus Returns? Pro-poor targeting of business grants and vocational skills training
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 What Would We Eat if We Knew More: The Implications of a Large-Scale Change in Nutrition Labeling [Download Preview] Health Insurance for Humans: Understanding Consumer Choice Foundations Information Disclosure and Firm Performance: Evidence from the Dialysis Industry [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 [Download Preview] Price Indexes for Clinical Trial Research: A Feasibility Study [Download Preview] Market Power, Adjustment Costs, and Risk in Measurement of Banking Services [Download Preview] Do-It-Yourself Home Improvement: Changes for Measured GDP and Long-Run Housing Values [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 The Longevity of Famous People from Hammurabi to Einstein [Download Preview] Unified Growth Empirics Physiology and Development: Why the West is Taller than the Rest
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 [Download Preview] Optimal Fiscal Policy with Recursive Preferences Uncertainty shocks, asset supply and pricing over the business cycle How Much Would You Pay to Resolve Long-Run Risk?
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 [Download Preview] With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship [Download Preview] Peer Effects in Economic Attitudes Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers
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 Sovereign Defaults and Government Bailouts Measuring Sovereign Contagion in Europe [Download Preview] Duration of Capital Market Exclusion: An Empirical Investigation Do Internal Devaluations Induce Expenditure Switching? Scanner Data Evidence from the 2008-09 Global Financial Crisis
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 [Download Preview] Financial Innovation and Portfolio Risks [Download Preview] Reflections on Finance and the Good Society [Download Preview] Can Financial Engineering Cure Cancer?: A New Approach to Funding Large-Scale Biomedical Innovation
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 [Download Preview] Friedman and Schwartz's Monetary Explanation of the Great Depression: Old Challenges and New Evidence [Download Preview] Shadowy Banks and Financial Contagion during the Great Depression: A Retrospective on Friedman and Schwartz [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 Location, Resources and Family Decision-Making Lifting the Burden: State Care of the Elderly and the Location and Labor Supply of Adult Children [Download Preview] Geographic Proximity of Mothers and Children over the Life Cycle
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 [Download Preview] Colonial Investments and Long-Term Development in Africa: Evidence from Ghanaian Railroads [Download Preview] Transport Infrastructure and Firm Location Choice in Equilibrium: Evidence from Indonesia's Highways On the Road: Access to Transportation Infrastructure and Economic Growth in China
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 Wine as a Long-Term Investment Testing CAPM with a Large Number of Assets Inflation Risk in Corporate Bonds [Download Preview] Predicting Market Returns Using Aggregate Implied Cost of 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 A Dynamic Model of Prescription Drug Utilization Estimating the Tradeoff Between Risk Protection and Moral Hazard with a Nonlinear Budget Set Model of Health Insurance [Download Preview] Moral Hazard in Health Insurance: How Important is Forward Looking Behavior? [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 Heterogeneity, Demand for Insurance and Adverse Selection [Download Preview] Credit Market Speculation and the Cost of Capital [Download Preview] Does Belief Heterogeneity Explain Asset Prices: The Case of the Longshot Bias [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 [Download Preview] Corporate Leverage, Debt Maturity and Credit Supply: The Role of Credit Default Swaps Does the Tail Wag the Dog? The Effect of Credit Default Swaps on Credit Risk [Download Preview] Did CDS Trading Improve the Market for Corporate Bonds? [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 The Impact of College Mismatch Beliefs and Outcomes about College Major and College Dropout Improving Outcomes for High-Achieving Low-Income Students
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 [Download Preview] Cultural Change and Persistence in Historical Perspective The Persistence of Inferior Cultural-Institutional Conventions [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 [Download Preview] Hidden Markov Structures for Dynamic Copulae [Download Preview] Factor Augmented Autoregressive Distributed Lag Models [Download Preview] Bootstrap Joint Prediction Regions [Download Preview] Self-confirming Equilibrium and Model Uncertainty [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 [Download Preview] Subjective Well-being and Income: Is There Any Evidence of Satiation? Aggregating Subjective Well-Being for Marginal Policy Adjustments [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 Accounting for the Growth in Residential Leverage in the 2000s Mortgage Companies and Regulatory Arbitrage [Download Preview] Moving to a Job: The Role of Home Equity, Debt, and Access to Credit
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? [Download Preview] A Macroeconomic Framework for Quantifying Systemic Risk [Download Preview] External Financing and the Role of Financial Frictions over the Business Cycle: Measurement and Theory [Download Preview] Aggregate Issuance and Savings Waves [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 Accountability with Voucher Threats, Responses and the Test Taking Population [Download Preview] Long-Run Impact of School Accountability on Educational Attainment and Earnings Does the Market Value Value-Added? Evidence From Housing Prices After Public Release of Teacher Value-Added [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 [Download Preview] Linking Numerical and Analytical Models of Carbon Leakage [Download Preview] Leakage, Welfare, and Cost-Effectiveness of Carbon Policy [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? [Download Preview] Internal Geography, International Trade, and Regional Outcomes [Download Preview] Goods Trade, Factor Mobility and Welfare [Download Preview] Who's Getting Globalized? The Size and Nature of Intranational Trade Costs [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 [Download Preview] Airline Mergers and the Potential Entry Defense [Download Preview] Mergers and Sunk Costs: An Application to the Ready-Mix Concrete Industry [Download Preview] Effects of Mergers in Two-Sided Markets: Examination of the U.S. Radio Industry [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 Returns to Capital and Entrepreneurial Decision-Making: Evidence from Inventories in Kenyan Retail Shops The Home Economics of E-Money: Velocity, Cash Management, and Discount Rates of M-Pesa Users [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 [Download Preview] Measuring Economic Policy Uncertainty [Download Preview] The Geography of Uncertainty Employment, Corporate Investment and Cash Flow Uncertainty [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 [Download Preview] Income Tax Policy and the Behavior of Philanthropic Organizations Country Characteristics and the Incidence of Capital Income Taxation on Wages: An Empirical Assessment Tax Evasion across Industries: Soft Credit Evidence from Greece Business Taxes and the Electoral Cycle Tax Policy and Firm Entry and Exit Dynamics: Evidence from OECD Countries [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 The Effectiveness of Interactive Online Exercises across Delivery Format [Download Preview] The Effect of Blended Courses on Student Learning: Evidence From Introductory Economics Courses [Download Preview] Student Performance and Perception of Online Homework Systems: Upper-Level Economics Class versus Principles of Economics Students
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 Distribution Fees and Mutual Fund Flows: Evidence from a Natural Experiment in the Indian Mutual Funds Market [Download Preview] Grab Them Before They Go Generic: Habit Formation and the Emerging Middle Class Counterfeit or Substandard? Assessing Price and Non-Price Signals of Drug Quality [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.? [Download Preview] The Spread of Modern Retail: Implications for Wages [Download Preview] Worker Flows over the Business Cycle: the Role of Firm Quality [Download Preview] Skill Mismatch and Unemployment in the United States [Download Preview]
Discussants:
David H. Autor
(Massachusetts Institute of Technology)
Till von Wachter
(Columbia University)
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