Preliminary Announcement of the ASSA Program

 

Chicago, IL, January 5-7, 2007

 

2007 Conference Papers

 

This version includes all changes/corrections received by November 29. We will not update the program again.

 

(It is important to note that all sessions will be equipped with an overhead projector, and a LCD projector for PowerPoint presentations.)

      

 

LOCATION OF SESSIONS FOR 2007 IN CHICAGO. IF YOUR SESSIONS ARE IN THE SUMMIT YOUR SPECIAL EVENTS WILL BE IN THE HYATT REGENCY.

 


AAEA—Swissotel

ACE—Hyatt Regency

ACES—Swissotel

AEA—Hyatt Regency

AEDSB—Hyatt Regency

AERE—Summit

AFA—Hyatt Regency

AFE—Hyatt Regency

AFEA—Swissotel

AFEE—Swissotel

AIES—Hyatt Regency

AREUEA—Hyatt Regency

ASCE—Hyatt Regency

ASE—Swissotel

ASGE—Hyatt Regency

CEANA—Hyatt Regency

CES—Hyatt Regency

CS—Hyatt Regency

EPS—Hyatt Regency

EHA—Hyatt Regency

ES—Summit

ESA—Summit

HERO—Swissotel

HES—Hyatt Regency

IAEE—Hyatt Regency

IAFFE—Hyatt Regency

IEFS—Hyatt Regency

IHEA—Swissotel

INEM—Hyatt Regency

IOS—Hyatt Regency

ISIR—Hyatt Regency

ISNIE—Summit

ITFA—Summit

KAEA—Hyatt Regency

LERA—Hilton Chicago

MEEA—Hyatt Regency

NABE—Hyatt Regency

NAEE/NCEE—Hyatt Regency

NAEFA—Hyatt Regency

NAFE—Summit

NEA—Hyatt Regency

NTA—Hyatt Regency

ODE—Hyatt Regency

PSSI—Summit

SCE—Hyatt Regency

SED—Summit

SGE—Hyatt Regency

SPM—Hyatt Regency

TPUG—Hyatt Regency

URPE—Hyatt Regency


 

 

Thursday, January 4, 2007

 

Jan. 4, 6:30 pm

ASE

 

Plenary Lecture

 

Presiding: JOHN P. TIEMSTRA, Calvin College

 

JOHN M. GOWDY, Rensselaer Polytechnic Institute--Behavioral Economics and Sustainability

 

 

Friday, January 5, 2007

 

Jan. 5, 8:00 am

AAEA

 

Whither Jobs and People?: Rural-Suburban-Urban Differences and Modern Growth Patterns (Q1)

 

Presiding: JEFFREY H. DORFMAN, University of Georgia

 

MARK D. PARTRIDGE, Ohio State University, DAN S. RICKMAN, Oklahoma State University, KAMAR ALI, and M. ROSE OLFERT, University of Saskatchewan--Employment Growth in the American Urban Hierarchy: Long Live Distance

 

CAROLINE CUNNINGHAM, MOLLY ESPEY, and KATHERINE H. KING, Clemson University--The Faces of Suburbanization

 

MITCH RENKOW, North Carolina State University--Employment Growth and the Allocation of New Jobs: Spatial Spillovers of Economic and Fiscal Impacts

                  

Discussant: JEFFREY H. DORFMAN, University of Georgia

 

 

Jan. 5, 8:00 am

AEA

 

Labor Flows, Vacancies and Wages

 

Presiding: JOHN HALTIWANGER, University of Maryland

 

      STEVE DAVIS, University of Chicago and NBER, R. JASON FABERMAN, U.S. Bureau of Labor Statistics, and JOHN HALTIWANGER, University of Maryland and NBER—The Micro Behavior of Vacancies and Hiring

 

      ROBERT SHIMER, University of Chicago--Wage and Employment Dynamics with Mismatch

 

      ERICA GROSHEN and SIMON POTTER, Federal Reserve Bank of New York—Why Don’t Temporary Layoffs Spike during Recessions Anymore?

 

Discussants: EVA NAGYPAL, Northwestern University

      DALE MORTENSEN, Northwestern University

      BRUCE FALLICK, Federal Reserve Board

 

 

Jan. 5, 8:00 am

AEA

 

The Economics of Natural Resources and the Environment (Q0)

 

Presiding: To be announced.

 

      JEFFREY LAZO, National Center for Atmospheric Research, PETER LARSEN, University of Alaska-Anchorage, DONALD WALDMAN, University of Colorado-Boulder, and MEGAN HARROD, Stratus Consulting, Inc.—Sensitivity of the U.S. Economy to Weather Variability

 

      BASHARAT PITAFI, Southern Illinois University, and JAMES ROUMASSET, University of Hawaii—The Resource Economics of Invasive Species

 

      SARAH LOWDER, United Nations—Reducing Environmental Impact: Appropriate Country Strategies Based on Levels of Development

 

      THOMAS A. WEBER and CLAIRE TOMKINS , Stanford University--Dynamic Allocation of Water Resources with Storage and Two-Sided Uncertainty: The Case of Southern California

 

Discussants: To be announced.

 

 

Jan. 5, 8:00 am

AEA

 

Transparency

 

Presiding: MARC-ANDREAS MUENDLER, University of California-San Diego and CESifo

 

      MARC-ANDREAS MUENDLER, University of California-San Diego and CESifo—The Action Value of Information and the Natural Transparency Limit

 

      STERGIOS SKAPERDAS, University of California-Irvine, and SAMARTH VAIDYA, Deakin University—Persuasion as a Contest

 

      MAKSYMILIAN KWIEK, University of Southampton—Mass Media: Constrained Information and Heterogenous Public

 

 

Jan. 5, 8:00 am

AEA

 

Model Validation and Model Comparison (C5)

 

Presiding: MICHAEL KEANE, Yale University

 

      KENNETH WOLPIN, University of Pennsylvania—Ex Ante Policy Evaluation, Structural Estimation and Model Selection

 

      HANMING FANG, MICHAEL KEANE, Yale University, AHMED KHWAJA, MARTIN SALM, Duke University, and DAN SILBERMAN, University of Michigan—Using Data on Expectations to Validate a Structural Model of Investment in Health

 

      JOHN GEWEKE, University of Iowa—Bayesian Model Comparison

 

Discussant: CHRIS SIMS, Princeton University

 

 

Jan. 5, 8:00 am

AEA

 

Monetary Aggregates and Monetary Policy (E5)

 

Presiding: SAMUEL REYNARD, Swiss National Bank

 

      EDWARD NELSON, Federal Reserve Bank of St. Louis, JAVIER ANDRES, Universidad de Valencia, and DAVID LOPEZ-SALIDO, Bank of Spain—Money and the Natural Rate of Interest: Structural Estimates for the U.K., the U.S., and the Euro Area

 

      SAMUEL REYNARD, Swiss National Bank—Money and the Great Disinflation

 

      HUW PILL, BJOERN FISCHER, MICHELE LENZA, and LUCREZIA REICHLIN, European Central Bank—A Monetary History of the Euro Area 1999-2006

 

      ANDREW FILARDO, Bank for International Settlements, and MICHAEL BORDO, Rutgers University and NBER—Money Still Makes the World Go Round: The Zonal View

 

Discussants: ATHANASIOS ORPHANIDES, Federal Reserve Board

      EDWARD NELSON, Federal Reserve Bank of St. Louis

      SAMUEL REYNARD, Swiss National Bank

      CARL E. WALSH, University of California-Santa Cruz

 

 

Jan. 5, 8:00 am

AEA

 

The Market and Pre-Market for Graduate Students in Economics

 

Presiding: ALAN KRUEGER, Princeton University

 

      PAUL OYER, Stanford University—Initial Positions, Long-Term Outcomes, and Organizational Structure in the Market for Economists

 

      WAYNE A. GROVE, LeMoyne College, and STEPHEN WU, Hamilton College—The Search for Talent: Doctoral Completion and Research Productivity of Economists

 

      SUSAN ATHEY, Stanford University, LAWRENCE KATZ, Harvard University, ALAN KRUEGER, Princeton University, STEVEN LEVITT, University of Chicago, and JAMES POTERBA, Massachusetts Institute of Technology—What Does Performance in Graduate School Predict? Graduate Economics Education and Outcomes of Graduate Students

 

Discussants: MICHAEL K. SALEMI, University of North Carolina-Chapel Hill

      DAVID C. COLANDER, Middlebury College

      WENDY A. STOCK, Montana State University

 

 

Jan. 5, 8:00 am

AEA

 

Macroeconomic Implications of Price Stickiness (E3)

 

Presiding: JOHN LEAHY, New York University

 

      MICHAEL DOTSEY, Federal Reserve Bank of Philadelphia, ROBERT G. KING, Boston University, and ALEXANDER L. WOLMAN, Federal Reserve Bank of Richmond—Aggregate Dynamics of Inflation and Real Activity with Firm-Level Productivity Shocks

 

      VIRGILIU MIDRIGAN, New York University—Menu Costs, Multi-Product Firms and Aggregate Fluctuations

 

      PETER KLENOW, Stanford University, and JONATHAN WILLIS, Federal Reserve Bank of Kansas City—Empirical Evidence on Models of Rational Inattention

 

 

Jan. 5, 8:00 am

AEA

 

Recent Macroeconomic Stabilization (E3)

 

Presiding: JEFFREY CAMPBELL, Federal Reserve Bank of Chicago

 

      ZVI HERCOWITZ, Tel Aviv University, and JEFFREY CAMPBELL, Federal Reserve Bank of Chicago—The Role of Collateralized Household Debt in Macroeconomic Stabilization

 

      GIORGIO PRIMICERI, Northwestern University, and ALEJANDRO JUSTINIANO, Federal Reserve Board--The Time Varying Volatility of Macroeconomic Fluctuations

 

      SYLVAIN LEDUC, Federal Reserve Board, and KEITH SILL, Federal Reserve Bank of Philadelphia—Monetary Policy, Oil Shocks, and TFP: Accounting for the Decline in U.S. Volatility

 

Discussants: GARY HANSEN, University of California-Los Angeles

      KEVIN SALYER, University of California-Davis

      JONAS FISHER, Federal Reserve Bank of Chicago

 

 

Jan. 5, 8:00 am

AEA

 

Heterogeneity in the Labor Market and Macroeconomic Fluctuations (E2)

 

Presiding: FRANÇOIS GOURIO, Boston University

 

      FRANÇOIS GOURIO, Boston University, and PIERRE-ALEXANDRE NOUAL, University of Chicago—The Marginal Worker and the Aggregate Elasticity of Labor Supply

 

      RONNI PAVAN, University of Rochester, and ALESSANDRO BARBARINO, University of Chicago and Duke University—Measuring Unemployment Composition over the Business Cycle

 

      YONGSUNG CHANG, Seoul National University, MARK BILS, University of Rochester, and SUN-BIN KIM, Korea University—Cyclicality in Unemployment and Wages

 

      CHRISTIAN HAEFKE and MICHAEL REITER, University of Pompeu Fabra—Labor Market Participation and the Business Cycle

 

Discussants: YONGSUNG CHANG, Seoul National University

      RONNI PAVAN, University of Rochester

      FRANÇOIS GOURIO, Boston University

 

 

Jan. 5, 8:00 am

AEA

 

Long-Run Growth

 

Presiding: DAVID WEIL, Brown University

 

      JENNY MINIER, University of Kentucky—Nonlinearities and Robustness in Growth Regressions

 

      ANTONIA J. SWANN, York University—Competition and Growth: The Key Role of R&D Duplication behind the Inverted U Relationship

 

      FALI HUANG, Singapore Management University—The Coevolution of Economic and Political Development

 

      NICOLE B. SIMPSON, Colgate University, WILLIAM BLANKENAU, Kansas State University, and MARC TOMLJANOVICH, Colgate University—Public Education Expenditures, Taxation and Growth: Linking Data to Theory

 

Discussants: PETER HOWITT, Brown University

      NILS-PETTER LAGERLOEF, York University

      ANN OWEN, Hamilton College

      DAVID WEIL, Brown University

 

 

Jan. 5, 8:00 am

AEA

 

Multinational Firms and Development (F2, O3)

 

Presiding: ALEXANDER MONGE-NARANJO, Northwestern University

 

      ALEXANDER MONGE-NARANJO, Northwestern University—Multinational Firms, International Diffusion of Skills and Development

 

      PAUL BEAUDRY and PATRICK FRANCOIS, University of British Columbia—Firms as Schools: On the Job Learning as a Means of Technology Diffusion

 

      ESTEBAN ROSSI-HANSBERG and GENE GROSSMAN, Princeton University—Trading Tasks: A Simple Theory of Offshoring

 

      NATALIA RAMONDO, University of Chicago—Size, Geography, and Multinational Production

 

 

Jan. 5, 8:00 am

AEA

 

Capital Accumulation and the Cost of Capital

 

Presiding: SIMON GILCHRIST, Boston University

 

      GIAN LUCA CLEMENTI, New York University, RUI CASTRO, University of Montreal, and GLENN MACDONALD, Washington University-St. Louis—Legal Institutions, Sectoral Heterogeneity, and Economic Development

 

      FABIO NATALUCCI, Federal Reserve Board, SIMON GILCHRIST, Boston University, and EGON ZAKRAJSEK, Federal Reserve Board—Interest Rates and Investment Redux

 

      NIHAL BAYRAKTAR, Pennsylvania State University-Harrisburg and World Bank, and PLUTARCHOS SAKELLARIS, Athens University of Economics and Business and IMOP—Firm Market Value and Investment: The Role of Firm Market Power and Different Types of Adjustment

 

      MARCEL-CRISTIAN VOIA and HUNTLEY SCHALLER, Carleton University—Panel Cointegration Estimates of the Effect of Interest Rates, Capital Goods Prices, and Taxes on the Capital Stock

 

 

Jan. 5, 8:00 am

AEA

 

Constitutional Approaches to Explaining Trade Policy (F1)

 

Presiding: GERALD WILLMANN, University of Kiel

 

      MATTIAS POLBORN, University of Illinois-Urbana-Champaign, and GERALD WILLMANN, University of Kiel—Referendum Timing

 

      MIRABELLE MUULS and DIMITRA PETROPOULOU, London School of Economics—Oranges and Steel – A Swing State Theory of Trade Protection in the Electoral College

 

      HEIN ROELFSEMA, University of Utrecht—Political Institutions and Trade Protection

 

      GERALD WILLMANN, University of Kiel—Why Legislators Are Protectionists: The Role of Majoritarian Voting in Setting Tariffs

 

Discussants: EMILY BLANCHARD, University of Virginia

      GIOVANNI FACCHINI, University of Illinois

      DEVASHISH MITRA, Syracuse University

      KISHORE GAWANDE, Texas A&M University

 

 

Jan. 5, 8:00 am

AEA

 

Markets, Information, and Strategic Behavior

 

Presiding: BRUCE MIZRACH, Rutgers University

 

      JOSEPH ENGELBERG and JARED WILLIAMS, Northwestern University—Ebay’s Proxy System: A License to Shill

 

      JIE LU and BRUCE MIZRACH, Rutgers University—Is Talk Cheap Online? Strategic Interaction in a Stock Trading Chat Room

 

      JEFFREY ELY, Northwestern University, and TANJIM HOSSAIN, Hong Kong University of Science & Technology—Sniping and Squatting in Auction Markets

 

Discussants: To be announced.

 

 

Jan. 5, 8:00 am

AEA

 

Organizational Form (L2, H5, G3)

 

Presiding: JULIE WULF, University of Pennsylvania

 

      PATRICK HERBST and JENS PRUFER, Goethe University-Frankfurt—Firms, Nonprofits, and Cooperatives: The Role of Organizational Form in the Provision of Quality

 

      JEAN-MICHEL OUDOT, Centre ATOM, University Paris I Pantheon, Sorbonne—Cost Plus or Price Cap? The Choice in the French Defense Procurement Sector

 

      JULIE WULF, University of Pennsylvania, AUGUSTIN LANDIER, New York University, and VINAY NAIR, University of Pennsylvania—Geographic Dispersion and Corporate Decision-Making

 

      KRISHNAMURTHY SUBRAMANIAN, Emory University—Firm Boundaries in the New Economy: Theory and Evidence

 

     

Jan. 5, 8:00 am

AEA

 

Income Redistribution: Causes and Consequences (D3)

 

Presiding: FELIX OBERHOLZER-GEE, Harvard University

 

      CHRISTINA FONG, Carnegie Mellon University, and FELIX OBERHOLZER-GEE, Harvard University—Justice and Redistribution

 

      CLAUDIA SENIK, Université Paris-IV Sorbonne, and KARIN VAN DER STRAETEN, CNRS and Ecole Polytechnique Paris—The Anatomy of the Demand for Redistribution in Europe: An Investigation of the European Social Survey

 

      ESTEBAN F. KLOR and MOSES SHAYO, Hebrew University of Jerusalem—Redistribution and Social Identity in the Labor

 

Discussants: ALOIS STUTZER, University of Zurich

      IRIS BOHNET, Harvard University

      JAMES FOWLER, University of California-Irvine

 

 

Jan. 5, 8:00 am

AEA

 

Natural Field Experiments in Development Economics (O1)

 

Presiding: ROHINI PANDE, Yale University

 

      EDWARD MIGUEL, SARAH BAIRD, University of California-Berkeley, and MICHAEL KREMER, Harvard University—Experimental Evidence on Long-Run Impacts of Child Health in Kenya

 

      DEAN KARLAN, Yale University, and JONATHAN ZINMAN, Dartmouth University—Derationing: Using Randomized Credit Supply Decisions to Measure Microfinance Impacts

 

      BENJAMIN OLKEN, Harvard University—Monitoring Corruption: Evidence from a Field Experiment in Indonesia

 

Discussants: SEEMA JAYACHANDRAN, University of California-Los Angeles

      ABHIJIT BANERJEE, Massachusetts Institute of Technology

      CHRISTOPHER UDRY, Yale University

 

 

Jan. 5, 8:00 am

AFA

 

Determinants of Default Swap Spreads

 

Presiding: PIERRE COLLIN-DUFRESNE, University of California-Berkeley

 

      PHILIPPE JORION and GAIYAN ZHANG, University of California-Irvine—Intra-Industry Credit Contagion: Evidence from the Credit Default Swap and Stock Markets

 

      DRAGON YONGJUN TANG, Kennesaw State University, and HONG YAN, University of Texas-Austin—Liquidity, Liquidity Spillover, and Credit Default Swap Spreads

 

      ANTJE BERNDT, Cornell University, AZIZ A. LOOKMAN, and JULIAN OBREJA, Carnegie Mellon University—Default Risk Premia and Asset Returns

 

Discussants: KENNETH SINGLETON, Stanford University

      VIRAL ACHARYA, London Business School

      KENT DANIEL, Northwestern University

 

 

Jan. 5, 8:00 am

AFA

 

Understanding Risks and Expected Returns

 

Presiding: JOSEPH CHEN, University of Southern California

 

      ZHI DA and PENGJIE GAO, Northwestern University—Clientele Change, Liquidity Shock, and the Return on Financially Distressed Stocks

 

      EVAN W. ANDERSON, ERIC GHYSELS, University of North Carolina-Chapel Hill, and JENNIFER L. JUERGENS, Arizona State University—The Impact of Risk and Uncertainty on Expected Returns

 

      ANDREW ANG, ROBERT J. HODRICK, Columbia University, YUHANG XING, Rice University, and XIAOYAN ZHANG, Cornell University—High Idiosyncratic Volatility and Low Returns: International and Further U.S. Evidence

 

Discussants: TARUN CHORDIA, Emory University

      CHRISTOPHER JONES, University of Southern California

      TIM JOHNSON, London Business School

 

 

Jan. 5, 8:00 am

AFA

 

International Comparisons

 

Presiding: RAFAEL LA PORTA, Dartmouth College

 

      FRANKLIN ALLEN, University of Pennsylvania, LAURA BARTILORO, Bank of Italy, and OSKAR KOWALEWSKI, Leon Kozminski Academy of Entrepreneurship and Management—Does Economic Structure Determine Financial Structure?

 

      HEITOR ALMEIDA, New York University, MURILLO CAMPELLO, University of Illinois-Urbana-Champaign, and CROCKER H. LIU, New York University—The Financial Accelerator: Evidence from International Housing Markets

 

      BERNARD YIN YEUNG, New York University, LUBOMIR P. LITOV, Washington University-St. Louis, and KOSE JOHN, New York University—Corporate Governance and Corporate Risk Taking: Theory and Evidence

 

Discussants:     LUIGI ZINGALES, University of Chicago

      JEREMY STEIN, Harvard University

      PETER TUFANO, Harvard Business School

 

 

Jan. 5, 8:00 am

AFA

 

Corporate Governance

 

Presiding: SIMI KEDIA, Rutgers University

 

      MICHAEL H. BRADLEY, ALON BRAV, Duke University, ITAY GOLDSTEIN, University of Pennsylvania, and WEI JIANG, Columbia University—Costly Communciation, Shareholder Activism, and Limits to Arbitrage

 

      DALIDA KADYRZHANOVA, Columbia University—Does Governance Pay, or Is Entrenchment the Way? Merger Gains and Antitakeover Provisions

 

      SHANE A. JOHNSON, TED MOORMAN, and SORIN M. SORESCU, Texas A&M University—Governance, Stock Returns, and Market Efficiency

 

Discussants: LAURA STARKS, University of Texas-Austin

      S. RAVID, Rutgers University

      KENNETH LEHN, University of Pittsburgh

 

 

Jan. 5, 8:00 am

AFA

 

Executive Compensation and Corporate Governance

 

Presiding: MILTON HARRIS, University of Chicago

 

      PRAVEEN KUMAR and NISAN LANGBERG, University of Houston—Overinvestment and Corporate Fraud in Efficient Capital Markets

 

      ULF AXELSON, Swedish Institute for Financial Research, and SANDEEP BALIGA, Northwestern University—Optimal Executive Compensation with Renegotiation: Explaining Earnings Manipulation and Vesting Schedules

 

      GUSTAVO MANSO, Stanford University—Motivating Innovation

 

Discussants: OGUZHAN OZBAS, University of Southern California

      HARESH SAPRA, University of Chicago

      MORTEN SORENSEN, University of Chicago

 

 

Jan. 5, 8:00 am

AFA/AFE

 

Dividends and Stock Repurchases

 

Presiding: KOSE JOHN, New York University

 

      AMY CHUN-CHIA CHANG, PRAVEEN KUMAR, and SHIVA SIVARAMAKRISHNAN, University of Houston—Dividend Changes, Cash Flow Predictability, and Signaling of Future Cash Flows

 

      RADHAKRISHNAN GOPALAN, University of Michigan-Ann Arbor, VIKRAM K. NANDA, Arizona State University, and AMIT SERU, University of Michigan-Ann Arbor—Do Business Groups Use Dividends to Fund Investments?

 

      GERARD HOBERG, and NAGPURNANAND R. PRABHALA, University of Maryland—Dividend Policy, Risk, and Catering

 

Discussants: DOUGLAS SKINNER, University of Chicago

      AVNER KALAY, Tel Aviv University

      MICHAEL BRENNAN, University of California-Los Angeles

 

 

Jan.5, 8:00 am

AREUEA

 

Homeownership and Housing Policy

 

Presiding: EDGAR O. OLSEN, University of Virginia

 

DONALD R. HAURIN, Ohio State University, and STUART S. ROSENTHAL, Syracuse University--Language, Agglomeration, and Hispanic Homeownership

 

GEORGE C. GALSTER and ANNA M. SANTIAGO, Wayne State University--No Place Like Home? Experiences of Recent, Low-Income Homebuyers

 

STUART S. ROSENTHAL and MICHAEL D. ERIKSEN, Syracuse University--Crowd-Out, Stigma, and the Effect of Place-Based Subsidized Rental Housing on Neighborhoods

 

FRANÇOIS DES ROSIERS, Laval University, and MARION STEELE, University of Guelph--Superstar Cities, Condominiums and the Low Income Housing Tax Credit: Is the Contribution of LIHTC to Total Tax Expenditures Less Than it Seems?

 

Discussants: EDWARD COULSON, Pennsylvania State University

      STUART ROSENTHAL, Syracuse University

      AMY SCHWARTZ, New York University

      KERRY VANDELL, University of California-Irvine

 

     

Jan. 5, 8:00 am

AREUEA

 

Economics of Mortgage Markets

 

Presiding: TODD SINAI, University of Pennsylvania

 

ANDREA HEUSON and TIE SU, University of Miami--Mortgage Delivery Options: An Innovation to Improve the Risk/Return Tradeoff in Residential Mortgage Lending

 

NELA RICHARDSON and DOUGLAS A. MCMANUS, Freddie Mac--Multi-Sided Platforms: An Application to Secondary Mortgage Markets

 

LYNN M. FISHER, Massachusetts Institute of Technology, and ROBERT VAN ORDER, University of Michigan--The Economics of the Mortgage and Mortgage Institutions

 

SHANE M. SHERLUND, Federal Reserve Board--The Jumbo-Conforming Spread: A Semiparametric Reexamination

 

Discussants: NENG WANG, Columbia University
 YONGHENG DENG, University of Southern California
 ALBERT SAIZ, University of Pennsylvania
 BRENT AMBROSE, Pennsylvania State University

 

 

Jan. 5, 8:0 0am

ACES

 

Private Ownership and Public Service Provision

 

Presiding: JOHN BENNETT, Brunel University,West London

 

KATHERINA GASSNER, World Bank, ALEXANDER POPOV, University of Chicago, and NATALIYA PUSHAK, World Bank—An Empirical Assessment of Private Sector Participation in Electricity and Water Distribution in Developing Countries

 

EDUARDO ENGEL, Yale University, RONALD FISCHER, University of Chile, and ALEXANDER GALETOVIC, University of the Andes--The Basic Public Finance of Public-Private Partnerships

 

JOHN BENNETT and ELISABETTA IOSSA, Brunel University--Contracting Out Public Service Provision to Not-for-Profit Firms

 

RUSSELL PITTMAN, U.S. Department of Justice and New Economic School, Moscow--Will the Train Ever Leave the Station? The Private Provision of Freight Railway Service in Russia and Central and Eastern Europe

 

Discussants: MARK SCHAFFER, Heriot-Watt University

HADI ESFAHANI, University of Illinois-Urbana-Champaign

AL SLIVINSKI, University of Western Ontario

SERGEI GURIEV, New Economic School, Moscow

 

 

Jan. 5, 8:00 am

AFEE/ASE

 

Continuity and Change: Policy Implications from Social and Institutional Economics (O1)

 

Presiding:  CHRISTOPHER NIGGLE, University of Redlands

 

MAYO TORUNO, California State University-San Bernardino--The State and the Abundant Society 

     

PHILLIP O’HARA, Curtin University, Australia--The Global Spread of AIDS and HIV: Causes, Consequences, and Governance

 

LAURA J. TAYLOR, Willamette University--Informal Institutions and the Transition in Rural Russia 

 

MICHAEL CARROLL, Bowling Green State University, MARY WRENN, Weber State University, JAMES RONALD STANFIELD, Colorado State University--Toward Community-Based Community Development

 

HAMID HOSSEINI, King’s College--Why both Formal and Informal Institutions Matter in

Economic Development: Explaining the Change of Lewisian Dualism to a (New?) Formal-

Informal Dichotomy

 

Discussant:  CHRISTOPHER NIGGLE, University of Redlands

 

 

Jan. 5, 8:00 am

ASE/IAFFE

 

Bringing Households and Social Reproduction in Strategies for Sustainability

 

Presiding:  ELLEN MUTARI, Richard Stockton College of New Jersey

 

ELISSA BRAUNSTEIN, Colorado State University--Women's Nonmarket Work, Gender Inequality, and Economic Growth in East Asia and Latin America

 

S. CHARUSHEELA, University of Hawaii-Manoa, and COLIN DANBY, University of Washington, Bothell--When is "The Household"?

 

MARILYN POWER, Sarah Lawrence College--Feminist and Ecological Economics: Applying a Social Provisioning Approach to an Analysis of the Effects of Natural Disasters

 

JANE WHEELOCK, University of Newcastle--Social Reproduction and Sustainability: The Role of Art

 

Discussants:  JOHN DAVIS, University of Amsterdam and Marquette University

ELLEN MUTARI, Richard Stockton College of New Jersey

 

Jan. 5, 8:00 am

ASCE

 

The Cuban Economy

 

Presiding:  ROGER BETANCOURT, University of Maryland-College Park

 

MARIO A. GONZALEZ CORZO, Lehman College, City University of New York, and SCOTT LARSON, Graduate Center, City University of New York--Cuba’s Unique Remittance Landscape: A Comparative Perspective

 

ERNESTO HERNÁNDEZ-CATÁ, Johns Hopkins University--A Theory of Transition: The Case of the Former Soviet Union

 

CARLOS SEIGLIE, Rutgers University-Newark--Socioeconomic Differences between the Races in Cuba and Their Implications for a Transition

 

Discussants:  JORGE SANGUINETTY, DevTech Systems, Inc.

LUIS LOCAY, University of Miami

BRYAN ROBERTS, U.S. Department of Homeland Security

 

 

Jan. 5, 8:00 am

ACE

 

Making Markets Work for the Rural Poor

 

Presiding: CHRISTOPHER B. BARRETT, Cornell University

 

PAUL N. WILSON, University of Arizona, and JOHN E. STAPLEFORD, Eastern University-- Transformational Development: A “Slow Fast” Alternative for Economic Growth

 

CRAIG GUNDERSEN, Iowa State University, and THOMAS KELLY, RKDev Consulting--Catholic Social Teaching and the Allocation of Scarce Resources to Address Problems of Poverty

 

TRACY C. MILLER, Grove City College--What Role Can Changes in Institutions and Policies Affecting Access to Property Rights Play in Facilitating Escape from Poverty in Developing Countries?

 

DUNCAN BOUGHTON, DAVID TSCHIRLEY, Michigan State University, CHRISTOPHER B. BARRETT, Cornell University, and RUI BENFICA, Michigan State University--The Determinants of Market Participation by Poor Rural Households in Sub-Saharan Africa: An Asset-Based Approach

 

 

Jan. 5, 8:00 am

AERE

 

Environmental Conflict and Cooperation (Q5)

 

Presiding:  W. MICHAEL HANEMANN, University of California-Berkeley

 

JUAN-PABLO MONTERO, Catholic University of Chile--A Simple Auction Mechanism for the Optimal Allocation of the Commons

 

SUNG HOON PARK, Korean University, and JASON F. SHOGREN, University of Wyoming--Environmental Citizen Suits with Pigovian Punitive Damages

 

SHLOMI DINAR, Florida International University, ARIEL DINAR, Johns Hopkins University School of Advanced International Studies, and PRADEEP KURUKULASURIYA, Yale University--SCARPERAION:  An Empirical Inquiry into the Role of Scarcity in Fostering Cooperation Between International River Riparians

 

CATHERINE NORMAN, Johns Hopkins University, and BEVIN ASHENMILLER, Occidental College--Anti-SLAPP Legislation and Citizen Enforcement:  Measuring the “Chill” of Strategic Law Suits

 

Discussants: GLENN BLOMQUIST, University of Kentucky

NICHOLAS FLORES, University of Colorado-Boulder

EMMA HUTCHINSON, University of Victoria

JULIO VIDERAS, Hamilton College

 

 

Jan. 5, 8:00am

AIES

 

Issues in Financial Aspects of Growth (C0, G1, G2)

 

Presiding: TEJ K. KAUL, Eastern Illinois University

 

      SUHAS KETKAR, Vanderbilt University—Corporate Bonds: A Case Study of RIBs and IMDs

 

      RENU KALLIANPUR, AXA Advisors, and SAUL MEKIES, University of Iowa—Sequential Game Theory and an Asian Euro

 

      KUSUM KETKAR, Yeshiva University—Financial Markets and Liberalization

 

      VANDANA RAO, Indiana University East—Key Risk Indicators in Financial Institutions

 

      ATRAYEE GHOSH ROY, Minnesota State University-Mankato, and HENDRIK VAN DEN BERG, University of Nebraska—Twin Deficits, Hard Landing and U.S. Growth

 

      DANIEL LAZAR, JOSEPH JEYAPAUL, Loyola College, and SHAILENDRA GAJANAN—Tax-Loss Selling and the April Effect: Evidence from BSE Sensex

 

      KISHORE KULKARNI, Metropolitan State College, and DEBASIS BHATTACHARYA, University of Denver—Economic Liberalization in India, Objectives, Reforms and Perspectives

 

Discussants: JYOTHI KHANNA, Colgate University

      DEBASRI MUKHERJEE, Western Michigan University

      MONICA DAS, Skidmore College

      SUBHASH SHARMA, Southern Illinois University

      ATRAYEE GHOSH ROY, Minnesota State University-Mankato

 

 

Jan. 5, 8:00 am

CS

 

The Economic History of Trade and Growth

 

Presiding: JOSEPH P. FERRIE, Northwestern University

 

      GUILLAUME DAUDIN, University of Edinburgh and OFCE, Sciences Po Paris—A Geography of Domestic Trade in the Late 18th Century France

 

      DAVID S. JACKS and KRISHNA PENDAKUR, Simon Fraser University—Global Trade and the Maritime Transport Revolution

 

      NOEL D. JOHNSON, California State University-Long Beach—Political Instability, Institutions, and Economic Growth: 1860-2000

 

      MAX-STEPHAN SCHULZE, London School of Economics, and NIKOLAUS WOLF, Free University of Berlin—Harbingers of Dissolution? Grain Prices, Borders, and Nationalism in the Late-Nineteenth century Habsburg Empire

 

Discussants: KRIS MITCHENERE, Santa Clara University

      ERIC HILT, Wellesley College

      DOUG IRWIN, Dartmouth College

      MARC WEIDENMEIR, Claremont McKenna College

 

 

Jan. 5, 8:00 am

ES

 

Defaults

 

Presiding: ROD GARRATT, University of California-Santa Barbara

 

ALOISIO ARAUJO, IMPA and Getúlio Vargas Foundation, and BRUNO FUNCHAL, Getúlio Vargas Foundation--How Much Debtors' Punishment?

 

MARZENA ROSTEK and MAREK WERETKA, Yale University--Institutional Investors and CAPM

 

YINGYAO HU, University of Texas, and WEI TAN, State University of New York-Stony Brook--Empirical Testing of Adverse Selection and Moral Hazard in the Consumer Credit Card Market

 

ROD GARRATT, University of California-Santa Barbara, and TODD KEISTER, Federal Reserve Bank of New York--Bank Runs as Coordination Failures: An Experimental Study

 

 

Jan. 5, 8:00 am

ES

 

Microeconometrics

 

Presiding:  IVAN FERNANDEZ-VAL, Boston University

 

YONGMIAO HONG and WENJIE ZHANG, Cornell University--An Improved Nonparametric Entropy Estimator for Serial Dependence

 

TIEMEN WOUTERSEN, Johns Hopkins University--A Simple Way to Calculate Confidence Intervals for Partially Identified Parameters

 

BRENT KREIDER, Iowa State University, and JOHN PEPPER, University of Virginia--Identification of Binary Outcome Distributions with Multiplicative Contamination

 

IVAN FERNANDEZ-VAL, Boston University, and FRANK VELLA, Georgetown University--Bias Corrections for Two-Step Fixed Effects Panel Data Estimators

 

 

Jan. 5, 8:00 am

ES

 

Semiparametric/Nonsemiparametic Methods 

 

Presiding: ERIC RENAULT, University of North Carolina

 

MICHAEL JANSSON, University of California-Berkeley--Semiparametric Power Envelopes for Tests of the Unit Root Hypothesis

 

MATTHEW HARDING, Massachusetts Institute of Technology and Harvard University, and JERRY HAUSMAN, Massachusetts Institute of Technology--Semi-Parametric Estimation of the Taste Distribution in Random Coefficients Logit Models

 

THOMAS A. SEVERINI, Northwestern University, and GAUTAM TRIPATHI, University of Connecticut—Estimating Linear Functionals of Nonparametric Regression Models with Endogenous Regressors

 

MARINE CARRASCO, Universite de Montreal--Instrumental Variables Estimators Based on Principal Components

 

 

Jan. 5, 8:00 am

ES

 

Empirical and Experimental Studies of Strategic Voting

 

Presiding:  JOHN DUFFY, University of Pittsburgh

 

DAVID K. LEVINE, Washington University-St. Louis, and THOMAS PALFREY, Princeton University-- The Paradox of Voter Participation: An Experimental Study

 

JOHN DUFFY, University of Pittsburgh, and MARGIT TAVITS, University of Missouri--Beliefs and Voting Decisions: A Test of the Pivotal Voter Model

 

MARCO BATTAGLINI, Princeton University, REBECCA MORTON, New York University, and
THOMAS PALFREY, Princeton University--The Swing Voter's Curse in the Laboratory

 

STEPHEN COATE, Cornell University, MICHAEL CONLIN, Michigan State University, and ANDREA MORO, Federal Reserve Bank of New York--The Performance of the Pivotal Voter Model in Small-scale Elections: Evidence from Texas Liquor Referenda

 

Discussants: MICHAEL CONLIN, Michigan State University

MARCO BATTAGLINI, Princeton University

JOHN DUFFY, University of Pittsburgh

DAVID K. LEVINE, Washington University-St. Louis

 

 

Jan. 5, 8:00 am

ES