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Public Economic Theory 04 Peking
 
 
 

 
 

Public Economics Theory Conference

August 25th-29th, 2004

Peking University

Beijing, China
 
 

Sponsors:

Guanghua School of Management, Peking University

The Association for Public Economic Theory

The World Bank

The University of Warwick

Vanderbilt University
 
 
 
August 25th:
 
Airport Shuttle
August 25, 9:00 am - 10:00 pm, Airport
Peking University will provide an hourly shuttle bus service to Friendship Hotel (and the Shangri-La, when needed). Volunteers in yellow T-shirts with the banner “PET Peking04” will be waiting at the airport "Meeting Points" to welcome the participants.
 
Registration at Friendship Hotel, 12:00-7:00 PM
 
Reception: APET and Guanghua School of Management Informal Welcoming Reception
August 25, 5:00 PM - 9:00 PM, Friendship Hotel
Chair: Giuseppe Di Vita (Faculty of Law - University of Catania)
Informal welcoming reception/buffet dinner at the Friendship Hotel.
 
 
August 26th:
 
Opening Ceremony
August 26, 9:30 - 10:00, Peking University main lecture hall
Chair: Giuseppe Di Vita (Faculty of Law - University of Catania)
Welcome from the organizers
 
Welcoming talk
August 26, 10:00 - 10:30, Peking University main lecture hall
Chair: Giuseppe Di Vita (Faculty of Law - University of Catania)
Welcome by representatives of the Government of China, Peking University and the Guanghua School of Management
 
Coffee break
August 26, 10:30 - 11:00, Break room
Coffee and pastries
 
 
Plenary Session
 
Session P-1: Plenary Lecture by James Heckman,
August 26, 11:00 - 12:00, Peking University main lecture hall
Chair: Xinzhong (Gary) Xu (Peking University)
 
1) James Heckman (University of Chicago)
  "Credit Constraints, Family Constraints and Optimal Policies to Reduce Inequality and Promote Productivity"
 
Lunch
August 26, 12:00 - 1:30, Lunch Room
Lunch will be provided at the conference site
 
 
Parallel Sessions 1
 
Session A-1: Inequality in China
August 26, 1:30 - 3:00, Room A
Chair: Lei Zhang (Peking University and University of Warwick)
 
1) Jin Fan (Jiangsu Adminstration Institute)
  "Diversity research on income difference and consumption behavior of rural residents in china-empirical analysis based on AIDS model"
2) Zhao Chen (Fudan University) and Ming Lu (Fudan University)
  "Urbanization, urban-biased economic policies and urban-rural inequality"
3) Qifei Wang (The University of Texas at Austin)
  "Increasing inequality in china: further evidence from official sources,1987-2000"
 
Session B-1: Growth Theory 1
August 26, 1:30 - 3:00, Room B
Chair: Kevin Reffett (Arizona State University)
 
1) Kevin Reffett (Arizona State University), Manjira Datta (Arizona State University), Olivier Morand (University of Connecticut), and Leonard Mirman (University of Virginia)
  "Markovian equilibrium in infinite horizon models with many agents, incomplete markets, and public policy"
2) Kevin Reffett (Arizona State University) and Leonard Mirman (University of Virginia)
  "Multistep Monotone Recursive Methods"
3) Yiannis Vailakis (Dr)
  "A Simple Proof of Existence of a Competitive Equilibrium in a Single-Sector Growth Model with Elastic Labor Supply"
 
Session C-1: Growth and Development
August 26, 1:30 - 3:00, Room C
Chair: Heng-fu Zou (Peking University and World Bank)
 
1) Xiaoguang Chen (Guanghua School of Management, Peking Uni., P.R. China)
  "Structure Change and Economic Growth"
2) Rachel Ngai (LSE) and Christopher Pissarides (LSE)
  "Balanced Growth with Structural Change"
3) Diego Restuccia (University of Toronto), Dennis Tao Yang (Virginia Polytechnic Institute and State University), and Xiaodong Zhu (University of Toronto)
  "Agriculture and Aggregate Productivity: A Quantitative Cross-Country Analysis"
 
Session D-1: Auctions and Finance
August 26, 1:30 - 3:00, Room D
Chair: Charles Z. Zheng (Northwestern University)
 
1) Ted To (US Bureau of Labor Statistics) and Rick Harbaugh (Indiana University)
  "False Modesty: When Disclosing Good News Looks Bad"
2) Wassim DAHER (CERMSEM - University Paris1) and Leonard Mirman (University of Virginia)
  "Market Structure and insider trading"
3) Charles Z. Zheng (Northwestern University)
  "The over-concentrating nature of simultaneous ascending auctions"
 
Session E-1: Externalities, Economic Efficiency, and Optimal Taxation
August 26, 1:30 - 3:00, Room E
Chair: Stephen Turnovsky (University of Washington)
 
1) Stephen Turnovsky (University of Washington) and Goncalo Monteiro (University of Washington)
  "Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences"
2) Helmuth Cremer (University of Toulouse), Firouz Gahvari (University of Illinois at Urbana-Champaign), and Norbert Ladoux (University of Toulouse)
  "Tax reform versus tax design in the presence of consumption and production externalities (with applications to France)"
3) Laurence Jacquet (IRES, Université catholique de Louvain)
  "Optimal income transfer programs: The role of welfare stigma and fraud"
 
Session F-1: New Theories of Equity and Equalities
August 26, 1:30 - 3:00, Room F
Chair: Nicolas Gravel (GREQAM-IDEP, Université de la Méditerranée)
 
1) Alain Chateauneuf (University of Paris I) and Patrick Moyes (GRAPE UMR CNRS Universite Montesquieu Bordeaux 4)
  "Inequality reducing transfers, dominance and the generalized Gini social welfare function"
2) Erwin Ooghe (Katholieke university, Leuven), Erik Schokkaert (Katholieke university, Leuven), and Dirk Van de Gaer (Vakgroep Sociale Economie, University of Gent)
  "Equality of Opportunity versus Equality of opportunity sets"
3) Alain Trannoy (Ehess, Greqam-Idep) and Eugenio Peluso (Université de Cergy-Pontoise THEMA)
  "Does less inequality among households mean less inequality among individuals?"
 
Session G-1: Academic Journals
August 26, 1:30 - 3:00, Room G
Chair: John Conley (Vanderbilt University)
 
1) Christian Seidl (Institute of Economics, University of Kiel, Germany)
  "A BEAUTY CONTEST OF REFEREE PROCESSES OF ECONOMICS JOURNALS"
2) Daniel Rubinfeld (Professor of Law and Professor of Economics, U.C.Berkeley) and Aaron Edlin (U.C. Berkeley)
  "Exclusion or Efficient Pricing? The Big Deal Bundling of Academic Journals"
3) Peter Norman (University of Wisconsin)
  "An Efficiency Rationale for Bundling of Public Goods"
 
Session H-1: Decentralisation
August 26, 1:30 - 3:00, Room H
Chair: Mika Widgren (Turku School of Economics and Business Administration)
 
1) Klaas Staal (Tinbergen Institute, Erasmus University Rotterdam)
  "Country size and public good provision"
2) Stefan Napel (University of Hamburg) and Mika Widgren (Turku School of Economics and Business Administration)
  "Inter-institutional power in the EU"
3) Valentino Larcinese (London School of Economics), Leonzio Rizzo (University of Ferrara and STICERD (LSE)), and Cecilia Testa (Royal Holloway College University of London and STICERD(LSE))
  "The power of the purse: what do the data say on US federal budget allocation to the states?"
 
Session I-1: Bargaining and Coalition Formation
August 26, 1:30 - 3:00, Room I
Chair: Julio Davila (Univ of Pennsylvania and CNRS-Cermsem)
 
1) Julio Davila (Univ of Pennsylvania and CNRS-Cermsem) and Jan Eeckhout (University of Pennsylvania)
  "Competitve Bargaining Equilibrium"
2) Yukihiko FUNAKI (School of Political Science and Economics, Waseda University) and Takehiko YAMATO (Tokyo Institute of Technology)
  "Sequentialy stable coalition structure"
 
Tea break
August 26, 3:00 - 3:30, Break room
Tea and light snacks
 
 
Parallel Sessions 2
 
Session A-2: Pensions, Health and the Household
August 26, 3:30 - 5:00, Room A
Chair: Haoming Liu (National University of Singapore)
 
1) Ren Ruoen (BeiHang University)
  "Pension reform in china from the perspective of generational accounting"
2) Gordon Liu (Guanghua School of Management)
  "Health human captial and income growth in china"
3) Haoming Liu (National University of Singapore)
  "Women's power and child quality"
 
Session B-2: Inequality, Corruption, Pensions and Growth
August 26, 3:30 - 5:00, Room B
Chair: Ngo Long (McGill University)
 
1) Bertrand Wigniolle (EUREQua university of Paris I), Pascal Belan (LEN-C3E, University of Nantes and EUREQua), and Philippe Michel (GREQAM, University of Méditerranée II and EUREQua)
  "Capital accumulation, welfare and the emergence of pension funds activism"
2) Yong Wang (City University of Hong Kong) and Hongyi Li (Chinese University of Hong Kong)
  "Inequality and Growth: The Role of Financial Development"
3) Ngo Long (McGill University)
  "Corruption and Growth: The Voracity Equilibrium under Wealth-Consciousness and Costly Money Laundering."
 
Session C-2: Fiscal Policy and Growth
August 26, 3:30 - 5:00, Room C
Chair: Leonard Mirman (University of Virginia)
 
1) Kazuo Mino (Osaka University) and Yunfang Hu (Kobe University)
  "Fiscal policy in an endogenous growth model with home production"
2) Willi Semmler (Cem Bilefeld, Germany and New School University , NY) and Gang Gong (Tsinghua University Bejing)
  "Endogenous Growth and Public Investment"
3) Leonard Mirman (University of Virginia) and Christos Koulovatianos (University of Cyprus)
  "Endogenous public policy and long-run growth"
 
Session D-2: Optimal Taxation Theory
August 26, 3:30 - 5:00, Room D
Chair: Spadaro Amedeo (DELTA Paris and Universitat de les Illes Balears, Mallorca)
 
1) Leslie J. Reinhorn (University of Durham, England)
  "Optimal taxation with monopolistic competition"
2) Spadaro Amedeo (DELTA Paris and Universitat de les Illes Balears, Mallorca) and Bourguignon François (DELTA Paris and WORLD BANK)
  "Government's beliefs about individual preferences: an appllication of the optimal tax inverse problem"
3) Bjørn Sandvik (Department of Economics, University of Bergen)
  "Optimal taxation and normalisations"
 
Session E-2: Experiments in Public Economics
August 26, 3:30 - 5:00, Room E
Chair: Marie-Claire Villeval (GATE (CNRS - University Lyon 2 - ENS) and IZA)
 
1) Bernard Fortin (CIRPEE and CIRANO - Laval University Quebec), Guy Lacroix (CIRPEE and CIRANO - Laval University Quebec), and Marie-Claire Villeval (GATE (CNRS - University Lyon 2 - ENS) and IZA)
  "Tax evasion and social interactions: an experimental approach"
2) Simon Gaechter (University of St. Gallen) and Urs Fischbacher (University of Zurich)
  "Heterogeneous motivations and the dynamics of free riding in public goods"
3) Claude Montmarquette (Universite de Montreal)
  "Using laboratory experiments to observe tax compliance through different monitoring schemes"
 
Session F-2: Fiscal Rules and Public Finance
August 26, 3:30 - 5:00, Room F
Chair: William Barnett (University of Kansas)
 
1) Luca Onorante (ECB-IUE)
  "Fiscal, monetary and wage policies in a MU: is there a need for fiscal rules?"
2) Nicola Giammarioli (European Central Bank) and Barbara Annicchiarico (University of Rome "Tor Vergata")
  "Fiscal Rules and Sustainability of Public Finances in an Endogenous Growth Model"
3) Hubert Kempf (University of Paris I), Russell Cooper (University of Texas), and Dan Peled (University of Haifa)
  "Is it is or is it Ain't my Obligation? Regional Debt in Monetary"
 
Session G-2: Auctions and Screening
August 26, 3:30 - 5:00, Room G
Chair: Frank Page (University of Alabama)
 
1) Paulo Monteiro (FGV-EPGE), Benar Svaiter (IMPA), and Frank Page (University of Alabama)
  "The one object optimal auction and the desirability of exclusion"
2) Juan-José Ganuza (Universitat Pompeu Fabra) and Jose Penalva (Universitat Pompeu Fabra)
  "Optimal Information Transmission in Private Value Auctions"
3) Silvia Sonderegger (University of Bristol)
  "Incentive Problems in the Adoption of New Technologies when the Advisor is an Interested Party"
 
Session H-2: Competitive equilibrium
August 26, 3:30 - 5:00, Room H
Chair: Frank Page (University of Alabama)
 
1) Cuong Le Van (CERMSEM, CNRS, University Paris 1) and BA MINH NGUYEN (Hanoi University of Commerce)
  "No-Arbitrage Condition and Existence of Equilibrium With Dividends"
2) Lionel DE BOISDEFFRE (CERMSEM - UNIVERSITE PARIS 1)
  "No-Arbitrage Equilibria with Differential Information: A Proof of Existence"
3) Jean-Marc Bonnisseau (CERMSEM University of Paris 1) and Jorge Rivera Cayupi (University of Chile)
  "Constrained consumptions and regular economies"
 
Session I-2: Endogenous Affirmative Action
August 26, 3:30 - 5:00, Room I
Chair: Massimo Morelli (Ohio State University)
 
1) Francois Maniquet (University of Namur), Massimo Morelli (Ohio State University), and Guillaume Frechette (Harvard Business School)
  "Endogenous affirmative action: Gender bias leads to gender quotas"
2) Erik Eyster (LSE)
  "Admission Impossible? Self Interest and Affirmative Action"
3) Qiang Fu (Indiana University)
  "A Theory of Affirmative Action in College Admissions: An All-Pay Auction Approach"
 
Session J-2: History of Public Economics
August 26, 3:30 - 5:00, Room J
Chair: Gilbert Faccarello (University of Paris 2 and Phare (CNRS, univ. of Paris 1))
 
1) Gilbert Faccarello (University of Paris 2 and Phare (CNRS, univ. of Paris 1))
  "Equity and efficiency in taxation. On some theoretical debates during the French Revolution"
2) Domenicantonio Fausto (University of Naples "Federico II")
  "The legacy of the Italian tradition in public finance"
3) Richard Sturn (Institute of Public Economics, Graz University)
  "Public goods as a concept of Political Economy in the german speaking literature of the 19th century"
 
Reception and Dinner: Welcoming Dinner (Sponsored by the University of Warwick and Peking University)
August 26, 7:00 - 10:00, A courtyard of the Summer Palace
Chair: Giuseppe Di Vita (Faculty of Law - University of Catania)
Buses will meet us at the conference site at 5:15 to take participants to the Summer Palace. Dinner will start at 7:00 pm in a courtyard, so the participants will have time to see some of the buildings and grounds before dinner.
 
 
August 27th:
 
 
Plenary Session
 
Session P-2: Plenary Lecture by Danial McFadden
August 27, 9:00 - 10:00, Peking University main lecture hall
Chair: Heng-fu Zou (Peking University and World Bank)
 
1) Daniel McFadden (University of California at Berkeley)
  "Welfare Economics at the Extensive Margin: Giving Gorman Polar Consumers Some Latitude"
 
Coffee Break
August 27, 10:00 - 10:30, Break room
Coffee and pasteries
 
 
Parallel Sessions 3
 
Session A-3: Migration within China
August 27, 10:30 - 12:00, Room A
Chair: Xinzhong (Gary) Xu (Peking University)
 
1) Tao Chen (Tulane University)
  "Migration, Consumption and Investment: Evidence from Rural China"
2) Neville Nien-Huei Jiang (Vanderbilt University)
  "Migration, development, and persistent inequality - does the chinese household registration system have a long-run effect?"
3) Tao Chen (Tulane University)
  "The Determinants of Temporary Labor Migration in Rural China: A Tobit Analysis"
 
Session B-3: Growth, Finance and Macroeconomics
August 27, 10:30 - 12:00, Room B
Chair: Kai Konrad (Free University of Berlin and WZB)
 
1) Wei Pang (University of Birmingham) and David Kelsey (University of Birmingham)
  "Ambiguity in macroeconomic: the implications for the "big push" and multiplier"
2) Sebastian Kessing (WZB) and Kai Konrad (Free University of Berlin and WZB)
  "Union Strategy and Optimal Direct Taxation"
3) Julian Messina (European Central Bank)
  "Sectoral structure and entry regulations"
 
Session C-3: Dynamic Public Policy
August 27, 10:30 - 12:00, Room C
Chair: William Barnett (University of Kansas)
 
1) William Barnett (University of Kansas)
  "Aggregation-Theoretic Monetary Aggregation over the Euro Area, when Countries are Heterogeneous"
2) Tadashi Inoue (Hiroshima Shudo University)
  "On the Dynamic Properties of the Labor-Surplus Economy"
3) Kazuhiro Yamamoto (Graduate School of Economics, Osaka University), Ryoji Ohdoi (Graduate School of Economics, Osaka University), and Ryo Horii (Graduate School of Economics, Osaka University)
  "Finance, Technology, and Inequality in Economics Development"
 
Session D-3: Optimal Income Taxation
August 27, 10:30 - 12:00, Room D
Chair: John Ledyard (California Institute of Technology)
 
1) Marek Kapicka (University of California, Santa Barbara)
  "Optimal income taxation with persistent shocks"
2) Jonathan Hamilton (University of Florida) and Steven Slutsky (University of Florida)
  "Optimal Nonlinear Income Taxation with a Finite Population"
3) Marcus Berliant (washington university) and John Ledyard (California Institute of Technology)
  "Optimal dynamic income taxation without commitment"
 
Session E-3: The Prisoners' Dilemma
August 27, 10:30 - 12:00, Room E
Chair: James Andreoni (University of Wisconsin)
 
1) James Andreoni (University of Wisconsin)
  "Building rational cooperation"
2) Cheng Zhong Qin (University of California at Santa Barbara)
  "To Pay Penalties for Defection or to Pay Rewards for Cooperation?"
3) Alexandre MARINO (University Paris 1) and Bernard DE MEYER (University Paris 1 "Panthéon Sorbonne")
  "Repeated market game with lack of information on both sides."
 
Session F-3: Social Choice
August 27, 10:30 - 12:00, Room F
Chair: Ted Bergstrom (Univ of California, Santa Barbara)
 
1) Paul Anand (The Open University)
  "Arrow's Impossibility Theorem: The Logic of Dictatorship and the Meaning of Social Choice"
2) YAN YU (Hong Kong University of Scinece & Technology)
  "Unit-by-unit proportional cost sharing of public goods"
3) Ted Bergstrom (Univ of California, Santa Barbara)
  "Benefit cost analysis in a benevolent society"
 
Session G-3: Political Agency I
August 27, 10:30 - 12:00, Room G
Chair: Naoki Yoshihara (Institute of Economic Research, Hitotsubashi University)
 
1) Panu Poutvaara (Centre for Economic and Business Research) and Tuomas Takalo (Bank of Finland)
  "Candidate Quality"
2) Georges CASAMATTA (GREMAQ - Université de Toulouse) and Caroline de Paoli (GREMAQ - Université de Toulouse)
  "Ex post inefficiency in a political agency model"
3) Naoki Yoshihara (Institute of Economic Research, Hitotsubashi University)
  "Political Competition over Military Policies and Welfare State Policies"
 
Session H-3: Governance and Voting
August 27, 10:30 - 12:00, Room H
Chair: Luis Corchon (U. Carlos III)
 
1) Luis Corchon (U. Carlos III)
  "Forms of Governance and the Size of rent-Seeking"
2) Midori Hirokawa (Faculty of Economics, Hosei University)
  "Cost of Governing"
3) Tilman Klumpp (Indiana University)
  "A Theory of Conservatism in Representative Democracy"
 
Session I-3: Coalition Formation II
August 27, 10:30 - 12:00, Room I
Chair: Parkash Chander (National University of Singapore)
 
1) Parkash Chander (National University of Singapore)
  ""The Gamma-Core and Coalition Formation""
2) Licun Xue (Department of Economics, McGill University)
  "Stable Cartel in a Dynamic Oligopoly"
3) Geoffroy de Clippel (Brown University)
  "Competitive Screening and the Core of Exchange Economies under Asymmetric Information"
 
Session J-3: Formal Models of Politics
August 27, 10:30 - 12:00, Room J
Chair: Pascal Gautier (GREQAM, université d'Aix-Marseille II)
 
1) Steven Callander (Northwestern University)
  "Political motivations"
2) Ethan Bueno de Mesquita (Washington University)
  "Incumbency Advantages with Electoral and Institutional Variation"
3) Pascal Gautier (GREQAM, université d'Aix-Marseille II)
  "Political alternation : a suggested interpretation."
 
Lunch
August 27, 12:00 - 1:30, Lunch Room
Lunch will be provided at the conference site
 
 
Parallel Sessions 4
 
Session A-4: Topics in the Chinese Economy
August 27, 1:30 - 3:00, Room A
Chair: Luca Onorante (ECB-IUE)
 
1) Ashraf Eata (Xiamen University, China)
  "Alternative statistical methods to forecast china's GNP"
2) Nhat Le (APSEG, Australian National university)
  "Expanding Enterprise Autonomy in China Reform"
3) Luca Onorante (ECB-IUE), Nicola Giammarioli (European Central Bank), and Francesco Paolo Mongelli (ECB)
  "A monetary Union among ASEAN countries: Does Fiscal Policy Matter?"
 
Session B-4: Money, Taxation and Growth
August 27, 1:30 - 3:00, Room B
Chair: Ted To (US Bureau of Labor Statistics)
 
1) Ted To (US Bureau of Labor Statistics), Elliot Williams (US BLS), and Erkan Yalcin (Yeditepe University)
  "Inflation and Reputation Redux"
2) Zhixiong Zeng (The Chinese University of Hong Kong)
  "Asymmetric Growth, Nonperforming Loans, and Banking Crisis"
3) Daniel Haile (Tilburg University) and lex Meijdam (Tilburg University)
  "Inequality, sub- optimal taxation and economic growth"
 
Session C-4: Fiscal Policy and Economic Development
August 27, 1:30 - 3:00, Room C
Chair: Ping Wang (Vanderbilt University and NBER)
 
1) Koji Shimomura (Prfessor, RIEB, Kobe University), Yunfang Hu (Kobe University), and Ryoji Ohdoi (Graduate School of Economics, Osaka University)
  "Indeterminacy in a two-sector endogenous growth model with productive government spending"
2) Chi-Wa Yuen (HKU, PKU, and WHU)
  "Tax rules under growth targeting"
3) Manachaya Uruyos (Chulalongkorn University) and Ping Wang (Vanderbilt University and NBER)
  "Tax policy and educational choice in the presence of human capital spillovers."
 
Session E-4: Learning and Experiments in Public Good Games
August 27, 1:30 - 3:00, Room E
Chair: Alan Kirman (GREQAM, EHESS, 2 Rue de la Charite)
 
1) Walid Hichri (GREQAM, EHESS, Marseille) and Alan Kirman (GREQAM, EHESS, 2 Rue de la Charite)
  "Do agents learn to play Nash? Evidence from public goods experiments"
2) Paul Healy (California Institute of Technology)
  "Learning dynamics for mechanism design: an experimental comparison of public goods mechanisms."
3) Charles Noussair (Emory University)
  "Combining Monetary and Social Sanctions to Promote Cooperation"
 
Session F-4: Fiscal Federalism II
August 27, 1:30 - 3:00, Room F
Chair: Søren Bo Nielsen (Copenhagen Business School)
 
1) Luca Micheletto (L. Bocconi University, Milan; and Uppsala University, Sweden) and Sören Blomquist (Uppsala University, Sweden)
  "Redistribution and Public Provision of Day-Care in a Fiscal Federalism Setting"
2) Nicolas Gravel (GREQAM-IDEP, Université de la Méditerranée) and Michel Poitevin (Department of Economics, Université de Montréal)
  "On the Progressivity of Equalization Payments in Federations"
3) Nobuo Akai (Kobe University of Commerce)
  "Does Fiscal Revenue Decentralization increase Regional (income) inequality?"
 
Session G-4: Taxation and Labour Economics
August 27, 1:30 - 3:00, Room G
Chair: Been-Lon Chen (Academia Sinica)
 
1) Panu Poutvaara (Centre for Economic and Business Research) and Andreas Wagener (University of Vienna)
  "Why is the public Sector more labor-intensive? A distortionary tax argument"
2) Kemnitz Alexander (University of Mannheim, Department of Economics)
  "Unemployment, technology and the welfare effects of immigration"
3) Been-Lon Chen (Academia Sinica)
  "FACTOR TAXATION AND LABOR SUPPLY"
 
Session H-4: Tax Policy and Evasion
August 27, 1:30 - 3:00, Room H
Chair: David Ulph (UK Inland Revenue)
 
1) Juan-Carlos Molero (University of Navarra) and Francesc Pujol (University of Navarra)
  ""Walking inside the potential tax evader's mind""
2) David Ulph (UK Inland Revenue)
  "Tax compliance as a social norm and the deterrent effects of investigations"
3) Jinli Zeng (National University of Singapore)
  "Allocation of tax revenue and growth effects of taxation"
 
Session I-4: Individual Identity
August 27, 1:30 - 3:00, Room I
Chair: Soo Hong Chew (Hong Kong University of Science and Technlogy)
 
1) James Andreoni (University of Wisconsin) and Ragan Petrie (Giorgia State University)
  "Beauty, Gender and Stereotypes: Evidence from Laboratory Experiments"
2) Timothy J. Feddersen (Kellogg Graduate School of Management) and Alvaro Sandroni (University of Rochester and Kellogg Graduate School of Management)
  "A theory of participation in elections"
3) Chew Soo Hong (Hong Kong University of Science and Technology) and Jacob S. Sagi (UC Berkeley)
  "A Moral Theory of Sentiments"
 
Tea: Tea break
August 27, 3:00 - 3:30, Break room
Tea and light snacks
 
 
Parallel Sessions 5
 
Session A-5: Government Policy in China
August 27, 3:30 - 5:00, Room A
Chair: Mary-Francoise Renard (CERDI-IDREC, University of Auvergne)
 
1) Mingxing Liu (School of Government, Peking University)
  "centralization-decentralization cycle in China"
2) Mary-Francoise Renard (CERDI-IDREC, University of Auvergne), ROTA-GRAZIOSI Grégoire (CERDI-IDREC, University of Auvergne), and BATISSE Cécile (CERDI-IDREC, University of Auvergne)
  "Expenditure Competition and Intergovernmental Fiscal Negociation in China"
3) Shunsuke Managi (Tokyo University of Agriculture and Technology) and Shinji Kaneko (Hiroshima University)
  "An Analysis of Economic and Environmental Policies in China: Productivity Approach"
 
Session B-5: Network Formation
August 27, 3:30 - 5:00, Room B
Chair: Frank Page (University of Alabama)
 
1) Frank Page (University of Alabama), Myrna Wooders (University of Warwick), and Samir Kamat (Wachovia Corporationj)
  "Farsightedly Basic Networks"
2) Taiji Furusawa (Hitotsubashi University) and Hideo Konishi (Boston College)
  "Free trade networks"
3) Alison Watts (Southern Illinois University) and Ping Wang (Vanderbilt University and NBER)
  "Formation of Buyer-Seller Trade Networks in a Quality-Differentiated Product Market"
 
Session C-5: International and Regional Growth
August 27, 3:30 - 5:00, Room C
Chair: Omar Licandro (European University Institute)
 
1) Benteng Zou (IRES)
  "Bridging the gap between growth theory and the new economic geography: The spatial Ramsey model"
2) Keshab R Bhattarai (Lecturer in the University of Hull)
  "Economic Growth: Models and Global Evidence"
3) Omar Licandro (European University Institute), Raouf Boucekkine (Universite catholique de Louvain), and Fernando del Rio (Universidad de Santiago de Compostela)
  "Obsolescence and Modernization in the Growth Process"
 
Session D-5: Taxation and Geography
August 27, 3:30 - 5:00, Room D
Chair: Jacques-Francois Thisse (CORE Université Catholique de Louvain)
 
1) Jacques-Francois Thisse (CORE Université Catholique de Louvain)
  "Destination- vs. origin-based commodity taxation and the location of industry"
2) Carl Gaigné (INRA) and Stephane Riou (University of Saint-Etienne)
  "Regional integration and tax competition in a flexible federation"
3) Vincent Dupont (University of Lille1) and Philippe Martin (University of Paris1, CERAS and CEPR)
  "Subsidies to poor regions and inequalities: some unpleasant arithmetic"
 
Session E-5: Topics in Experimental Economics
August 27, 3:30 - 5:00, Room E
Chair: John Wooders (University of Arizona)
 
1) John Wooders (University of Arizona), Jacob Goeree (University of Amsterdam), and Charles Plott (California Institute of Technology)
  "Raising Revenues Through the Right to Choose"
2) Jason Shachat (National University of Singapore)
  "Experimental Tests of the Long Run Equilibrium Hypothesis"
3) Susan Laury (Georgia State University)
  "Altruism spillovers: are behaviors in context-free experiments predictive of altruism toward naturally-occurring public goods?"
 
Session F-5: Law and Rights
August 27, 3:30 - 5:00, Room F
Chair: Ruqu Wang (University of Colorado at Boulder and Peking University)
 
1) Howard Marvel (Department of Economics, Ohio State Univerisity) and Lixin Ye (Department of Economics, Ohio State University)
  "Trademark sales and the value of reputation: an economic analysis of trademark dilution"
2) Ruqu Wang (University of Colorado at Boulder and Peking University) and Anna Rubinchik-Pessach (University of Colorado at Boulder)
  "Implementability of reforms and human rights"
 
Session G-5: Law and Economics: Government Policy Towards Corporations
August 27, 3:30 - 5:00, Room G
Chair: Andrew Daughety (Vanderbilt University)
 
1) A. Mitchell Polinsky (Stanford University) and Daniel Rubinfeld (Professor of Law and Professor of Economics, U.C.Berkeley)
  "Remedies for Price Overcharges: The Deadweight Loss of Coupons and Discounts"
2) Andrew Daughety (Vanderbilt University) and Jennifer Reinganum (Vanderbilt University)
  "Markets, Torts and Social Inefficiency"
3) Eric Talley (USC Law School and RAND Corporation) and Gudrun Johnsen (RAND Corporation)
  "Corporate Governance, Executive Compensation and Securities Litigation"
 
Session H-5: Public Goods
August 27, 3:30 - 5:00, Room H
Chair: Monique Florenzano (University of Paris I)
 
1) Nizar Allouch (Queen Mary, University of London), Myrna Wooders (University of Warwick), and John Conley (Vanderbilt University)
  "The Tiebout hypothesis: on the existence of Pareto efficient competitive equilibrium"
2) Martin Hellwig (Max Planck Institute for Research on Collective Goods)
  "A utilitarian approach to the provision and pricing of excludable public goods"
3) Monique Florenzano (University of Paris I) and Elena Laureana Del Mercato (University of Salerno)
  "Edgeworth and Lindhal-Foley equilibria of a general equilibrium model with private provision of public goods"
 
Session I-5: Coalition and Incentive Mechanism
August 27, 3:30 - 5:00, Room I
Chair: Fan-chin Kung (Academia Sinica, Taiwan)
 
1) Takao Kato (Colgate University) and Cheryl Long (Colgate University)
  "Executive Compensation, Firm Performance, and State Ownership in China: Evidence from New Panel Data"
2) Fan-chin Kung (Academia Sinica, Taiwan)
  "Stability and Equity in the Formation of Public Coalitions"
3) Tsung-sheng Tsai (Academia Sinica)
  "Allocation of Decision-Making Authority with Principal's Reputation Concerns"
 
Session J-5: Culture and Education
August 27, 3:30 - 5:00, Room J
Chair: Runtian Jing (Professor)
 
1) Buly Cardak (La Trobe University) and Danny Givon (Hebrew University)
  "Why the poor don't go to university: attainment constraints and two-staged education."
2) Maria Luisa Hidalgo-Hidalgo (University of Alicante)
  "Peer group effects and optimal educational system"
3) Runtian Jing (Professor) and John Graham (Professor)
  "Regulation of Entry Revisited: How Culture Plays its Role"
 
Dinner: Conference Dinner (Sponsored by Vanderbilt University and Peking University)
August 27, 7:00 - 10:00, Great Hall of the People
Chair: Giuseppe Di Vita (Faculty of Law - University of Catania)
Buses will take you back to hotel to freshen up at 5:15. The buses will then run from the Friendship Hotel to the Great Hall of the People at 6:15.
 
 
August 28th:
 
 
Plenary Session
 
Session P-3: Plenary Lecture by James Mirrlees
August 28, 9:00 - 10:00, Peking University main lecture hall
Chair: Weiyang Zhang (Peking University)
 
1) James Mirrlees (Cambridge University)
  "Incentive for Providing Public Goods"
 
Coffee break
August 28, 10:00 - 10:30, Break roon
Coffee and pasteries
 
 
Parallel Sessions 6
 
Session A-6: The Firm in China
August 28, 10:30 - 12:00, Room A
Chair: Geng Xiao (University of Hong Kong)
 
1) Bing Wang (Huazhong University of Science and Technology)
  "The Price Struggle: An Analysis of China’s Coal and Electricity Industry"
2) Qiao Liu (University of Hong Kong) and Geng Xiao (University of Hong Kong)
  "Look Who Are Disguising Profits: An Application to Chinese Industrial Firms"
3) Jun Du (University of Leicester, Department of Economics)
  "Source of Finance and Firm Performance - Microeconometric Evidence from China"
 
Session B-6: Taxation Social Security and Growth
August 28, 10:30 - 12:00, Room B
Chair: Peter Katuscak (University of Michigan)
 
1) Pietro Vagliasindi (Department of International Economics, Finance and Law, University of Parma), Marzia Romanelli (Sant’Anna School of Advanced Studies, LEM), and Carlo Bianchi (Department of Economics, University of Pisa)
  "REFORMING THE ITALIAN PENSION SYSTEM IN THE XXI CENTURY: TACKLING THE ISSUE OF SENIORITY PENSIONS ONCE AGAIN."
2) Xiongjian Wang (Ph.D. Candidate, Guanghua School of Management, Peking University) and Liutang Gong (Guanghua School of Management, Peking University)
  "Taxation and User¡¯s Charge for Public Capital in a Growth Economy"
3) Peter Katuscak (University of Michigan)
  "The Impact of Personal Income Taxation on Executive Compensation"
 
Session C-6: Topics in Microeconomics
August 28, 10:30 - 12:00, Room C
Chair: Unal Zenginobuz (Bogazici University)
 
1) Unal Zenginobuz (Bogazici University)
  "Competition between Regulated and Unregulated Generators on Electric Power Networks"