Preliminary Announcement of the Program

 

ANNUAL MEETING

ALLIED SOCIAL SCIENCE ASSOCIATIONS

 

New Orleans, LA, January 4-6, 2008

 

 

REGISTRATION FOR THE MEETING: The deadline for pre-registering for the 2008 meeting was November 19. You may register on-site at the Hilton New Orleans Riverside starting on January 3 at 2:00 pm.

 

 

(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 2008 MEETING IN NEW ORLEANS

 


AAEA - SHERATON  

ACE - SHERATON

ACES - SHERATON

AEA - HILTON RIVERSIDE

AEDSB - SHERATON

AERE - SHERATON

AFA - SHERATON

AFE - SHERATON

AFEA - J W MARRIOTT

AFEE - SHERATON

AIES - J W MARRIOTT

AREUEA - SHERATON          

ASCE-J W MARRIOTT

ASE - SHERATON

ASGE - J W MARRIOTT

CEANA - J W MARRIOTT

CES - J W MARRIOTT

CS - HILTON RIVERSIDE

EPS - SHERATON

EHA - HILTON RIVERSIDE

ES - MARRIOTT NEW ORLEANS

ESA - HILTON RIVERSIDE

HERO - SHERATON

HES - SHERATON

IAEE - HILTON RIVERSIDE

IAFFE - J W MARRIOTT

IEFS - SHERATON

IHEA - SHERATON

INEM - SHERATON

IOS - J W MARRIOTT

ISIR - HILTON RIVERSIDE

ISNIE - SHERATON

ITFA - SHERATON

KAEA - J W MARRIOTT

LERA - INTER-CONTINENTAL

MEEA - HILTON RIVERSIDE

NABE - SHERATON

NAEFA - SHERATON

NAFE - J W MARRIOTT

NCEE/NAEE - HILTON RIVERSIDE

NEA - J W MARRIOTT

NTA - SHERATON

ODE-HILTON RIVERSIDE

PSSI - SHERATON

SABE - SHERATON

SCE - J W MARRIOTT

SED - J W MARRIOTT

SGE - SHERATON

SPM - SHERATON

TPUG - HILTON RIVERSIDE

URPE - SHERATON

 


       

 

Thursday, January 3, 2008

 

Jan. 3, 6:30 pm

ASE/NEA/IAFFE/URPE

 

Inequality, Democracy, and the Economy (D6)

 

Presiding: JOHN B. DAVIS, University of Amsterdam and Marquette University

 

DEAN BAKER, Center for Economic and Policy Research

WILLIAM J. DARITY, JR., Duke University

LOURDES BENERIA, Cornell University

 

 

Friday, January 4, 2008

 

Jan. 4, 8:00 am

AAEA

 

The Economics of More Flexible Approaches to Simultaneously Meeting Competing Water Demands of Irrigated Agriculture, Cities, and the Environment (Q2)

 

Presiding: JOHN LOOMIS, Colorado State University

 

FRANK WARD, New Mexico State University, MARY JO KEALY, CH2M-Hill, LEAH MANNING, Lower Colorado River Authority, and GARY GUY, San Antonio Water System--Least Cost Conservation Measures in Irrigated Agriculture to Sustain Urban and Environmental Water Demands

 

JAMES PRITCHETT and JENNIFER THORVALDSON, Colorado State University--Water as a Crop: An Investigation into Farmers' Willingness to Adopt Limited Irrigation Practices and Participate in Water Leasing

 

EDNA LOEHMAN, Purdue University, and JOHN LOOMIS, Colorado State University--Economic Efficiency Conditions for Balancing Optimum Instream Flow as a Public Good and Agricultural Uses of Water

      

Discussant:  RONALD GRIFFIN, Texas A&M University

 

 

Jan. 4, 8:00 am

AEA

 

Firm Heterogeneity and International Trade

 

Presiding: KALA KRISHNA, Pennsylvania State University

 

ANDRES RODRIGUEZ CLARE, Pennsylvania State University, and SVETLANA DEMIDOVA, University of Georgia--Trade Policy, Endogenous Variety and Heterogenous Productivity

 

BEE-YAN ROBERTS, MARK ROBERTS, Pennsylvania State University, and DANIEL XU, New York University--Firm Heterogeneity and Export Activity: Investments in R&D of Taiwanese Firms

 

HIAU LOOI KEE, World Bank, and KALA KRISHNA, Pennsylvania State University--Trade Policy Differences and Firm Characteristics: Evidence from Bangladesh

 

Discussants: RICHARD BALDWIN, Graduate Institute of International Studies, Geneva

JAMES TYBOUT, Pennsylvania State University

JOSEPH FRANCOIS, Erasmus University Rotterdam

 

 

Jan. 4, 8:00 am

AEA

 

Better Living through Economics: I

 

Presiding: JOHN J. SIEGFRIED, Vanderbilt University

 

CHARLES PLOTT, California Institute of Technology--Using Economic Research to Improve the World We Live In

 

Discussants: DAN NEWLON, National Science Foundation

      DANIEL HAMERMESH, University of Texas-Austin

ALAN BLINDER, Princeton University

 

 

Jan. 4, 8:00 am

AEA

 

The Economic Effects of Informal Care around the World (J2)

 

Presiding: COURTNEY VAN HOUTVEN, Duke University

 

NORMA COE, Tilburg University, and COURTNEY VAN HOUTVEN, Duke University--The Effect of Parental Caregiving on Adult Children's Health and Wealth

 

LAURA CRESPO, Centro de Estudios Monetarios y Financieros (CEMFI)--Caring for Parents and Employment Status of European Mid-Life Women

 

PIERRE-CARL MICHAUD, RAND Corporation, and AXEL HEITMUELLER, London Business School and Prime Minister's Strategy Unit--Informal Care and Employment in England: Evidence from the British Household Panel Survey

 

BERNARD VAN DEN BERG, Free University of Amsterdam, DENZIL FIEBIG, and JANE HALL, University of New South Wales--The Impact of Providing Informal Care on Self-Reported Well-Being

 

Discussants: LILIANA PEZZIN, Medical College of Wisconsin

GEMA ZAMARRO, Tilburg University

STEVEN STERN, University of Virginia

EDWARD C. NORTON, University of North Carolina-Chapel Hil

 

 

Jan. 4, 8:00 am

AEA

 

Relational Contracts and Transactional Efficiency (L1)

 

Presiding: CLAUDE MENARD, ATOM - University of Paris Pantheon - Sorbonne

 

ROBERT GIBBONS and REBECCA HENDERSON, Massachusetts Institute of Technology--What Do Managers Do? Suggestive Evidence and Potential Theories about Building and Managing Relational Contracts

 

CLAUDE MENARD, ATOM - University of Paris Pantheon-Sorbonne--The Governance of Interfirm Agreements: A Relational Contract Perspective

 

ESHIEN CHONG, CLAUDINE DESRIEUX, and STÉPHANE SAUSSIER, University Paris XI Sud--Relational Contracts in Public-Private Partnerships: A Point of View from Multi-Market Contacts

 

RICARD GIL, University California-Santa Cruz, and JEAN-MICHEL OUDOT, ATOM - University Paris Pantheon-Sorbonne--Contractual Completeness and Ex-post Efficiency: Trade-Offs between Ex-Ante and Ex-Post Costs in Contract Design

 

Discussants: SCOTT MASTEN, University of Michigan

STEVEN TADELIS, University of California-Berkeley

RICARD GIL, University of California-Santa Cruz

ERIC BROUSSEAU, University of Paris Nanterre

 

 

Jan. 4, 8:00 am

AEA

 

Technology Adoption in Developing Countries (O3)

 

Presiding: DEAN YANG, University of Michigan

 

TAVNEET SURI, Massachusetts Institute of Technology--Selection and Comparative Advantage in Technology Adoption

 

XAVIER GINE, World Bank, NAVA ASHRAF, Harvard University, and DEAN KARLAN, Yale University--Technology Adoption and Network Formation: Evidence from a Horticultural Credit and Export Program in Kenya

 

DEAN YANG, University of Michigan, and XAVIER GINE, World Bank--Insurance, Credit, and Technology Adoption: Field Experimental Evidence from Malawi

 

Discussants: HOYT BLEAKLEY, University of Chicago

RICHARD AKRESH, University of Illinois-Ubana-Champaign

REBECCA THORNTON, University of Michigan

 

 

Jan. 4, 8:00 am

AEA

 

Dynamic Tradeoffs in Health Care Decisions (I1)

 

Presiding: HANMING FANG, Yale University

 

JEROME ADDA, University College London, UK--Social Smoking versus Addiction

 

JOHN CAWLEY and FENG LIU, Cornell University--The Impact of Unemployment on Health Investments and Risky Behaviors

 

HANMING FANG and ALESSANDRO GAVAZZA, Yale University--Dynamic Inefficiencies in Health Care Markets

 

AHMED KHWAJA, Duke University, DAN SILVERMAN, University of Michigan, and FRANK SLOAN, Duke University--Time Preference, Time Discounting, and Smoking Decisions

 

Discussants:   To be announced.

 

 

Jan. 4, 8:00 am

AEA

 

Asset Prices with Learning (G1)

 

Presiding: KLAUS ADAM, European Central Bank

 

TIMOTHY COGLEY, University of California-Davis, and THOMAS J. SARGENT, New York University--The Market Price of Risk and the Equity Premium: A Legacy of the Great Depression?

 

ATHANASIOS ORPHANIDES and MIN WEI, Federal Reserve Board--Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates

 

AVIK CHAKRABORTY, University of Tennessee, and GEORGE EVANS, University of Oregon--Can Perpetual Learning Explain the Forward Premium Puzzle?

 

KLAUS ADAM, European Central Bank, ALBERT MARCET, CREI, Pompeu Fabra, IAB, and JUAN PABLO NICOLINI, Universidad Torcuato di Tella--Stock Market Volatility and Learning

 

Discussants:  To be announced.

 

 

Jan. 4, 8:00 am

AEA

 

Marriage Markets: Theory and Empirics (J1)

 

Presiding: CHRISTOPHER FLINN, New York University

 

MARISTELLA BOTTICINI, Collegio Carlo Alberto, University of Torino, and Boston University--Social Norms and Demographic Shocks: Marriage Markets and Dowries in Medieval Tuscany

 

ZVIKA NEEMAN, ANDREW NEWMAN, and CLAUDIA OLIVETTI, Boston University--Are Working Women Good for Marriage?

 

EUGENE CHOO, University of Toronto, SHANNON SEITZ, Boston College, and ALOYSIUS SIOW, University of Toronto

 

DANIELA DEL BOCA, University of Torino, and CHRISTOPHER FLINN, New York University--Household Time Allocation and Modes of Behavior: A Theory of Sorts

 

Discussants: SHANNON SEITZ, Boston College

META BROWN, University of Wisconsin-Madison

DANIELA DEL BOCA, University of Torino

WILBERT VAN DER KLAAUW, Federal Reserve Bank of New York

 

 

Jan. 4, 8:00 am

AEA

 

The Economic Geography of Trade and Production (R1)

 

Presiding: STEPHEN REDDING, London School of Economics

 

GILLES DURANTON, University of Toronto, PIERRE-PHILIPPE COMBES, University of Aix-Marseille, LAURENT GOBILLON, Institut National d'Etudes Démographiques, DIEGO PUGA, Universitat Pompeu Fabra, and SÉBASTIEN ROUX, Institut National de la Statistique et des Etudes Economiques--The Productivity Advantages of Large Cities: Distinguishing Agglomeration from Firm Selection

 

STEPHEN REDDING, DANIEL STURM, London School of Economics, and NIKOLAUS WOLF, University of Warwick--History and Industry Location: Evidence from German Airports

 

GUY MICHAELS, London School of Economics--The Long-Term Consequences of Resource Based Specialization

 

ELEANOR DOYLE, University College Cork, Ireland, and IMMACULADA MARTINEZ-ZARZOSO, Universitaet-Goettingen, Germany--Productivity, Trade, and Institutional Quality: A Panel Analysis

 

Discussants: GIOVANNI PERI, University of California-Davis

DONALD DAVIS, Columbia University

JAMES HARRIGAN, Federal Reserve Bank of New York

 

 

Jan. 4, 8:00 am

AEA

 

New Evidence on the Great Moderation of U.S. Business Cycle Volatility (E3)

 

Presiding: GIORGIO PRIMICERI, Northwestern University

 

LUCA BENATI, European Central Bank, and PAOLO SURICO, Bank of England--VAR Analysis and the Great Moderation

 

JONAS FISHER, Federal Reserve Bank of  Chicago, and MARTIN GERVAIS, University Western Ontario--First Time Home Buyers and Residential Investment Volatility

 

ZHENG LIU, Emory University, DANIEL WAGGONER, and TAO ZHA, Federal Reserve Bank of Atlanta--Macroeconomic Volatility and Monetary Policy Regimes

 

JESUS FERNANDEZ-VILLAVERDE, University of Pennsylvania, and JUAN RUBIO-RAMIREZ, Duke University--How Structural are Structural Parameters? Time-Varying Parameters and the Great Moderation

 

Discussants: MARC GIANNONI, Columbia University

JEFFREY CAMPBELL, Federal Reserve Bank of Chicago

MATTEO IACOVIELLO, Boston College

BENOIT MOJON, Federal Reserve Bank of Chicago

 

 

Jan. 4, 8:00 am

AEA

 

Neural Foundations of Simple Economic Decision Making (D1)

 

Presiding: ANTONIO RANGEL, Caltech

 

BRIAN KNUTSON, Stanford University, SCOTT RICK, Carnegie Mellon University, ELLIOTT WIMMER, Stanford University, DRAZEN PRELEC, Massachusetts Institute of Technology, and GEORGE LOEWENSTEIN, Carnegie Mellon University--Neural Predictors of Purchases

 

HILKE PLASSMAN, JOHN O'DOHERTY, and ANTONIO RANGEL, Caltech--The Neural Basis for the Computation of Decision Values in Simple Economic Choice

 

CRAIG FOX, SABRINA TOM, CHRISOPHER TREPEL, and RUSSELL POLDRACK, University of California-Los Angeles--Losses Loom Larger Than Gains on the Brain: The Neural Basis of Loss Aversion in Decision Making under Risk

 

DAVID LAIBSON, Harvard University, SAMUEL MCCLURE, Princeton University, DAN ARIELY, Massachusetts Institute of Technology, and JONATHAN COHEN, Princeton University--Neural Mechanisms Underlying Temptation and Control

 

Discussants: ALDO RUSTICHINI, University of  Minnessota

 

 

Jan. 4, 8:00 am

AEA

 

Understanding School Performance (I2)

 

Presiding: RICHARD MURNANE, Harvard University

 

ERIC HANUSHEK, Stanford University, and STEVEN RIVKIN, Amherst College--School Quality and the Black-White Achievement Gap

 

TIMOTHY BESLEY, London School of Economics, and STEPHEN MACHIN, University College London--Are Public Sector CEOs Different? Leadership Wages and Performance in Schools

 

ANDREAS AMMERMUELLER, Centre for European Economic Research (ZEW), Germany, and PETER DOLTON, Royal Holloway College--Pupil-Teacher Gender Interaction Effects on Scholastic Outcomes in England and the USA

 

WIJI ARULAMPALAM, JEREMY SMITH, and ROBIN NAYLOR, University of Warwick--Student Performance and Class Attendance

 

Discussants: RICHARD MURNANE, Harvard University

      Others to be announced.

 

 

Jan. 4, 8:00 am

AEA

 

A Historical Perspective on Money and Payment Systems (E4)

 

Presiding: NATHAN SUSSMAN, Hebrew University

 

STEPHEN QUINN, Texas Christian University, and WILLIAM ROBERDS, Federal Reserve Bank of Atlanta--The Evolution of Checks as a Means of Payment: A Historical Survey

 

ISABEL SCHNABEL, University of Mainz, and BONN HYUN SONG SHIN, Princeton University--The "Kipper- und Wipperzeit" and the Origin of Central Banks

 

VINCENT BIGNON, University of Paris 10 at Nanterre & Sciences-Po, and RICHARD DUTU, University of Waikato, New Zealand--Moneychangers and the Quality of Money

 

Discussants:  To be announced.

 

 

Jan. 4, 8:00 am

AEA

 

Macroeconomic News and Financial Markets (E4)

 

Presiding: SAMUEL REYNARD, Swiss National Bank

 

PAOLO PASQUARIELLO, University of Michigan, and CLARA VEGA, Federal Reserve Board--The On-the-Run Liquidity Phenomenon

 

MAGNUS ANDERSSON, European Central Bank--Using Intraday Data to Gauge Financial Market Responses to Fed and ECB Monetary Policy Decisions

 

JOSHUA HAUSMAN, University of California-Berkeley, and JON WONGSWAN, Barclays Global Investors--Global Asset Prices and FOMC Announcements

 

ANGELO RANALDO and SAMUEL REYNARD, Swiss National Bank--Monetary Policy, Effectgs on Long-Term Rates and Stock Prices

 

Discussants: JEREMY GRAVELINE, University of Minnesota

ALAIN CHABOUD, Federal Reserve Board

      MARCEL FRATZSCHER, European Central Bank

      MICHAEL FLEMING, Federal Reserve Bank of New York

 

 

Jan. 4, 8:00 am

AEA

 

Job and Occupational Mobility

 

Presiding: GIUSEPPE MOSCARINI, Yale University

 

ILLOONG KWON, State University of New York-Albany, and EVA MEYERSSON MILGROM, Stanford University--Firm vs. Occupation in Labor Markets: A Cross Analysis of Wage, Mobility, and Promotion

 

ANA RUTE CARDOSO, IZA Bonn--Big Fish in Small Pond or Small Fish in Big Pond? An Analysis of Job Mobility

 

IOANA MARINESCU, University of Chicago--Separation Costs and Stochastic Productivity in a Matching Model of Job Turnover

 

GIUSEPPE MOSCARINI, Yale University, and FRANCIS VELLA, Georgetown University--Occupational Mobility and the Business Cycle

 

Discussants: FABIEN POSTEL-VINAY, University of Bristol

      GUEORGUI KAMBOUROV, University of Toronto

 

 

Jan. 4, 8:00 am

AEA

 

Taxes and Factor Mobility

 

Presiding: ALICIA MENENDEZ, University of Chicago

 

PAUL BEAUDRY, University of British Columbia, CHARLES BLACKORBY, University of Warwick, and DEZSOE SZALAY, University of Warwick--Taxes and Employment Subsidies in Optimal Redistribution Programs

 

ROBERT CHIRINKO, University of Illinois-Chicago, and DANIEL WILSON, Federal Reserve Bank of San Francisco--Tax Competition and Factor Mobility:  Evidence from the 50 U.S. States

 

MARCELLO ESTEVAO, International Monetary Fund--Institutions, Informality, and Wage Flexibility

 

DONALD ROBBINS, University of Antioquia, and DANIEL SALINAS, Dison Ruiz--The Impact of Payroll Taxes upon Employment, Wages, the Unemployment Rate and Informality: Theory and Simulations for Colombia

 

Discussants: JAMES HINES, University of Michigan 

      DAVID WILDASIN, University of Kentucky

 

 

Jan. 4, 8:00 am

AEA

 

Marriage and Motherhood in Developing Countries

 

Presiding: NANCY QIAN, Brown University

 

JORGE AGUERO and MINDY MARKS, University of California-Riverside--Motherhood and Female Labor Force Participation: Evidence from Infertility Shocks 

 

MANISHA SHAH and RAJ ARUNACHALAM, University of Melbourne--Prostitutes and Brides

 

ADRIANA COMACHO, University de los Andes--Low Birth Weight and Pre-Term Babies: An Indirect Effect of Terrorist Attacks in Columbia

 

RAJEEV DEHEJIA, Tufts University and NBER, KATHLEEN BEEGLE, World Bank, and ROBERTA GATTI, World Bank and CPER--Bride Price and Child Labor:  A Higher Price for Girls Who Work More?

 

Discussants: MARCUS RANGEL, University of Chicago

MICHELE TERTILT, Stanford University

ADRIANA LLERAS-MUNEY, Princeton University

ERIC EDMONDS, Dartmouth College

 

 

Jan. 4, 8:00 am

AEA

 

Assessment of Economics in U.S. High Schools and Undergraduate Programs

 

Presiding: WENDY A. STOCK, Montana State University

 

      WILLIAM WALSTAD, University of Nebraska-Lincoln, and STEPHEN BUCKLES, Vanderbilt University--Major Findings from the First National Assessment of Educational Progress (NAEP) in Economics

 

WILLIAM WALSTAD, University of Nebraska-Lincoln, and KENNETH REBECK, St. Cloud State University--A New Edition and National Norming Data for the Test of Understanding in College Economics (TUCE)

 

GEORG SCHAUR, University of Tennessee-Knoxville, and WILLIAM BECKER, Indiana University--Assessment Practices and Trends in Undergraduate Economics Courses

 

DiscussantsALAN KRUEGER, Princeton University

WENDY A. STOCK, Montana State University

TISHA L. N. EMERSON, Baylor University

 

 

Jan. 4, 8:00 am

AFA

 

Private Security Issuance and the Going Private Decision

Presiding: HEITOR ALMEIDA, New York University

 

MATTHEW T. BILLETT, University of Iowa, MARK J. FLANNERY, University of Florida, and JON A. GARFINKEL, University of Iowa--Long-Run Underperformance Following External Finance Issues?

 

GORDON M. PHILLIPS, University of Maryland, and ARMANDO R. GOMES, Washington University-St. Louis--Why Do Public Firms Issue Private and Public Securities?

 

ARNOUD W.A. BOOT, University of Amsterdam, RADHAKRISHNAN GOPALAN, and ANJAN V. THAKOR, Washington University-St. Louis--Market Liquidity, Investor Participation and Managerial Autonomy: Why Do Firms Go Private?

 

SREEDHAR T. BHARATH and AMY K. DITTMAR, University of Michigan-Ann Arbor--
To Be Or Not to Be (Public)

 

Discussants: CHARLES HADLOCK, Michigan State University
MICHAEL HERTZEL, Arizona State University
DANIEL FERREIRA, London School of Economics & Political Science
EKKEHART BOEHMER, Texas A&M University

 

 

Jan. 4, 8:00 am

AFA

 

Risks and Risk Compensation in Asset Markets

Presiding: RAVI BANSAL, Duke University

 

RAVI JAGANNATHAN, Northwestern University, HITOSHI TAKEHARA, University of Tsukuba, and YONG WANG, Hong Kong Polytechnic University--Calendar Cycles, Infrequent Decisions and the Cross Section of Stock Returns

 

GIL SADKA, Columbia University, RONNIE SADKA, University of Washington, and RAY BALL, University of Chicago--Aggregate Earnings and Asset Prices

 

HUAFENG (JASON) CHEN, MARCIN T. KACPERCZYK, and HERNAN ORTIZ-MOLINA, University of British Columbia--Labor Unions and Expected Stock Returns

 

ROBERT D. ARNOTT, JASON C. HSU, Research Affiliates, LLC, JUN LIU, and HARRY MARKOWITZ, University of California-San Diego--Does Noise Create Size and Value Effects?

 

Discussants: DANA KIKU, University of Pennsylvania
ROBERT DITTMAR, University of Michigan-Ann Arbor
HENGJIE AI, Duke University
AMIR YARON, University of Pennsylvania

 

 

Jan. 4, 8:00 am

AFA

 

Corporate Fraud

 

Presiding: ANIL SHIVDASANI, University of North Carolina-Chapel Hill

 

XIAODING LIU and JAY R. RITTER, University of Florida--
Corporate Executive Bribery: an Empirical Analysis

 

JONATHAN M. KARPOFF, University of Washington, D. SCOTT LEE, and GERALD S. MARTIN, Texas A&M University--The Consequences to Managers for Financial Misrepresentation

 

JOHN M. BIZJAK, Portland State University, MICHAEL L. LEMMON, University of Utah and RYAN J. WHITBY, Texas Tech University--Option Backdating and Board Interlocks

 

Discussants: MICHELLE LOWRY, Pennsylvania State University
ADAIR MORSE, University of Chicago
URS PEYER, INSEAD

 

 

Jan. 4, 8:00 am

AFA

 

Bank Capital Requirements and the Business Cycle

 

Presiding: VIRAL ACHARYA, London Business School

 

RAFAEL REPULLO and JAVIER SUAREZ, Centro de Estudios Monetarios y Financieros (CEMFI)--The Procyclical Effects of Basel II

 

DIANA HANCOCK, Federal Reserve Board, JOE PEEK, University of Kentucky, and JAMES A. WILCOX, University of California-Berkeley--The Repercussions on Small Banks and Small Businesses of Procyclical Bank Capital and Countercyclical Loan Guarantees

 

CHRISTOPHE PERIGNON, HEC Paris, and DANIEL R. SMITH, Simon Fraser University--The Level and Quality of Value-at-Risk Disclosure by Commercial Banks

 

EBERHARD FEESS, University of Applied Sciences and Technology Aachen (RWTH Aachen), and ULRICH HEGE, HEC Paris--The Basel II Accord: Internal Ratings and Bank Differentiation

 

Discussants: ANDREW WINTON, University of Minnesota-Twin Cities
PHILIP STRAHAN, Boston College
ANTHONY SAUNDERS, New York University
TANJU YORULMAZER, New York University

 

 

Jan. 4, 8:00 am

AFA

 

Advances in Portfolio Theory

Presiding: JESSICA WACHTER, University of Pennsylvania

 

JAKSA CVITANIC, California Institute of Technology, LEVON GOUKASIAN, Pepperdine University, and FERNANDO ZAPATERO, University of Southern California--Optimal Risk Taking With Flexible Income

 

ANDREA BURASCHI, Imperial College London, PAOLO PORCHIA, and FABIO TROJANI, University of St. Gallen--Correlation Risk and Optimal Portfolio Choice

 

PETER C. SCHOTMAN and FRANK LUTGENS, University of Maastricht--Predictability-Robust Dynamic Portfolio Choice

 

HONG LIU, Washington University-St. Louis, and MARK LOEWENSTEIN, University of Maryland--Optimal Portfolio Selection with Transaction Costs and 'Event Risk'

 

Discussants:  VICKY HENDERSON, University of Warwick
MICHAEL JOHANNES, Columbia University
ZHENYU WANG, Federal Reserve Banks
FRANCIS LONGSTAFF, University of California-Los Angeles

 

 

Jan. 4, 8:00 am

AREUEA

 

Mortgage Risk Valuation  (G1)

 

Presiding: JAMES R. FOLLAIN, James R. Follain LLC

 

MAN CHO, KDI School, CHRISTIAN DERITIS, and ERIC ROSENBLATT, Fannie Mae--Appraisal Bias and Loan Performance: New Evidences

 

JAMES FOLLAIN, James R. Follain LLC, and MIKE SKLARZ, New City Technology LLC--Evaluating Mortgage Performance with Public Records Data: Why, What, and How

 

RAPHAEL BOSTIC, University of Southern California, KATHLEEN ENGEL, Cleveland State University, PATRICIA MCCOY, University of Connecticut, and ANTHONY PENNINGTON-CROSS, Marquette University--State and Local Anti-Predatory Lending Laws: The Effects of Assignee Liability and Legal Remedies

 

KERRY D. VANDELL, University of California-Irvine--Subprime Lending and the Housing Bubble: Tail Wags Dog?

 

Discussants: TYLER YANG, IFE Group
 MARK BEARDSELL, Citigroup
 KAREN PENCE, Federal Reserve Board
 JESSE ABRAHAM, Wells Fargo Home Mortgage

 

Jan. 4, 8:00 am

AREUEA

 

Urban Areas (R0)

 

Presiding: JANET KOHLHASE, University of Houston

 

MORRIS DAVIS and FRANCOIS ORTALO-MAGNE, University of Wisconsin--Amenities as TFP and the Factor of Four

 

JOEL A. ELVERY, Bureau of Labor Statistics--City Size and Skill Intensity

 

YAN CHANG and NELA RICHARDSON, Freddie Mac--Determinants of Equity Extraction

 

STUART S. ROSENTHAL, Syracuse University, and WILLIAM C. STRANGE, University of Toronto--Female Entrepreneurship, Agglomeration, and a New Spatial Mismatch

 

Discussants:  ELENA SAFIROVA, Resources for the Future
 ALBERT SAIZ, University of Pennsylvania
 NANCY WALLACE, University of California-Berkeley
 JOHN QUIGLEY, University of California-Berkeley

 

 

Jan. 4, 8:00 am

AREUEA

 

 

Commercial Real Estate Finance (G2)

 

Presiding: TIMOTHY J. RIDDIOUGH, University of Wisconsin-Madison

 

                       

 

ANTHONY SANDERS, Ohio State University, YONGHENG DENG, University of Southern California, and STUART GABRIEL, University of California-Los Angeles--Commercial Real Estate CDOs and the Pricing of CMBS

 

DANNY BEN-SHAHAR, Technion - Israel Institute of Technology, EYAL SULGANIK, and EFRAT TOLKOWSKY, Tel Aviv University--Recourse and Non-recourse Mortgage Loans: A Theoretical Analysis Under Asymmetric Information

 

JUN CHEN, Property & Portfolio Research, Inc.--What Drives Commercial Mortgage Termination?--A Multi-State Transition Approach

 

XIAOQING ELEANOR XU, Seton Hall University--What Drives the Return on Commercial Mortgage-Backed Securities?

 

 

Discussants: TIMOTHY J. RIDDIOUGH, University of Wisconsin-Madison
 ABDULLAH YAVAS, Pennsylvania State University
 WILLIAM WHEATON, Massachusetts Institute of Technology
 JAMES SHILLING, DePaul University

 

 

Jan. 4, 8:00 am

ACES

 

Understanding Foreign Direct Investment (F2)

 

Presiding:  NAURO CAMPOS, Brunel University, UK

 

      BRUNO MERLEVEDE and KOEN SCHOORS, Ghent University, Belgium--FDI and the Consequences: Towards More Complete Capture of Spillover Effects

 

      CHRISTIAN ARNDT and ANSELM MATTES, Institute for Applied Economic Research, Germany--The Impact of Inward FDI and Foreign Ownership on Performance of German Multinational Firms

 

      NAURO F. CAMPOS and YUKO KINOSHITA, International Monetary Fund--Foreign Direct Investment, Institutional Dynamics and Structural Reforms

 

      YURIY GORODNICHENKO, JAN SVEJNAR, and KATHERINE TERRELL, University of Michigan--FDI Spillovers and Innovation

 

Discussants: KOEN SCHOORS, Ghent University, Belgium

      NAURO CAMPOS, Brunel University, UK

 

 

Jan. 4, 8:00 am

AFEE

 

Institutional Evolution and Change (B5)

 

Presiding: KLAUS NIELSEN, Roskilde University and Birkbeck College, University of London

 

JOHN F. HENRY, University of Missouri-Kansas City--Hobbes, Seabright and our Ancestors: Institutionalist Theory and the Writing of Pre-History

 

WILLIAM H. REDMOND, Indiana State University--Formal Institutions in Historical Perspective

 

ANNE MAYHEW, University of Tennessee--Idle Curiosity and Play: Veblen and Evolutionary Biology

 

WILLIAM GANLEY, Buffalo State College--Is Institutional Economics an Evolutionary Science?

 

ANNA KLIMINA, St. Thomas Moore College, University of Saskatchewan--The Veblenian Concept of Habit and Its Manifestation in the Model of Ingrained Equilibrium: The Case of Oligarchic Transition

 

Discussant: DAVID DEQUECH, University of Campinas

 

 

Jan. 4, 8:00 am

AERE

 

Extensions and New Applications of the Hotelling Model (Q3)

 

Presiding: JANIE CHERMAK, University of New Mexico

 

ROBERT H. PATRICK, Rutgers University, and JANIE M. CHERMAK, University of New Mexico--Irreconcilable Differences: Tests of the Theory of Exhaustible Resources

 

MICHAEL R. CAPUTO, University of Central Florida--A Nearly Complete Test of a Vertically Integrated, Capital Accumulating, Nonrenewable Resource Extracting Model of the Competitive Firm

 

UJJAYANT CHAKRAVORTY, University of Central Florida and University of Toulouse, MICHEL MOREAUX, University of Toulouse, and MABEL TIDBALL, University of Montpellier--Ordering the Extraction of Polluting Nonrenewable Resources

 

PETER HARTLEY and KENNETH B. MEDLOCK III, Rice University--A Model of the Operation and Development of a National Oil Company

 

Discussants: PETER BERCK, University of California-Berkeley

SCOTT FARROW, University of Maryland-Baltimore County

STEPHEN HOLLAND, University of North Carolina-Greensboro

DENISE YOUNG, University of Alberta

 

 

Jan. 4, 8:00 am

ES

 

Behavioral Choice Theory (D0)

 

Presiding: JAWWAD NOOR, Boston University

 

LARRY G. EPSTEIN, University of Rochester--Living with Risk

 

KAREEN ROZEN, Yale University--Foundations of Intrinsic Habit Formation

 

SIMON GRANT, Rice University, and BEN POLAK, Yale University--Absolute Ambiguity Aversion and Mean-Dispersion Preferences

 

JAWWAD NOOR, Boston University--Hyperbolic Discounting and the Standard Model

 

 

Jan. 4, 8:00 am

ES

 

Contracts and Communication (D8)

 

Presiding: SHAN ZHAO, GREMAQ

 

DAVID RAHMAN, Universidad Carlos III de Madrid, and ICHIRO OBARA, University of California-Los Angeles--Secret Contracts for Efficient Partnerships

 

JIAYIN SUN, Boston University--Disclosing Multiple Product Attributes

 

WIOLETTA DZIUDA, Northwestern University--Strategic Argumentation

 

SHAN ZHAO, GREMAQ and University of Toulouse--Policy Persistence in Repeated Common Agency Game

 

 

Jan. 4, 8:00 am

ES

 

Organizations and Compensation  (J3)

 

Presiding: DEREK NEAL, University of Chicago

 

LUIS GARICANO, University of Chicago, and THOMAS N. HUBBARD, Northwestern University--Hierarchies and Earnings Inequality Among U.S. Lawyers, 1977-92

 

MARKO TERVIÖ, University of California-Berkeley--Difference That CEOs Make: An Assignment Model Approach

 

ANTONIO FALATO, Federal Reserve Board--Superstars or Superlemons? Top Executive Pay and Corporate Acquisitions

 

ALEX EDMANS, University of Pennsylvania, XAVIER GABAIX, New York University and NBER, and AUGUSTIN LANDIER, New York University--A Calibratable Model of Optimal CEO Incentives in Market Equilibrium

 

Discussants: MARIO MACIS, University of  Michigan

DEREK NEAL, University of Chicago

 

 

Jan. 4, 8:00 am

ES

 

Political Economy (P1)

 

Presiding: NICOLAS SAHUGUET, HEC Montreal

 

SANTIAGO OLIVEROS, University of California-Berkeley--Who Abstains in Equilibrium?

 

ARIANNA DEGAN, UQAM, and ANTONIO MERLO, University of Pennsylvania--Do Voters Vote Sincerely?

 

ORIOL CARBONELL-NICOLAU, Rutgers University--A Positive Theory of Income Taxation

 

NICOLAS SAHUGUET, HEC Montréal, and BENOIT CRUTZEN, Erasmus University, Rotterdam--Redistributive Politics with Distortionary Taxation

 

 

Jan. 4, 8:00 am

ES

 

Developments in Econometrics  (C1)

 

Presiding: VICTOR CHERNOZHUKOV, Massachusetts Institute of Technology

 

VADIM MARMER and ARTYOM SHNEYEROV, University of British Columbia--Quantile-Based Nonparametric Inference for First-Price Auctions

 

SOKBAE LEE, University of College London, OLIVER LINTON, London School of Economics, and YOON-JAE WHANG, Seoul National University--Testing For Stochastic Monotonicity

 

SHINICHI SAKATA, University of British Columbia--Testing Parameter Constancy Across Many Groups

 

      STANISLAV ANATOLYEV, New Economic School--Inference In Linear Regression Models With Many Regressors

 

 

Jan. 4, 8:00 am

ES

 

Public Finance (H2)

 

Presiding: CHE-LIN SU, Northwestern University