PRELIMINARY PROGRAM OF THE ALLIED SOCIAL SCIENCE ASSOCIATIONS JANUARY 3-5, 2015, BOSTON, MA

NOTE: Everyone must register for the meeting, including speakers.

Please review your session(s) and let us know if you see anything that is amiss. Before making additions, please do a search to make sure you are not adding someone who is already scheduled at the same time.

We realize that there are some conflicts with participants. This was unavoidable, and in such cases a co-author will have to present the paper. Changes and corrections should be sent to gwyn.p.loftis@vanderbilt.edu.

All sessions will be equipped with a projector and screen for your presentation. ASSA will not provide computers.

Location of Sessions for 2015 in Boston, Massachusetts

The beginning and ending times of sessions is shown below, with the exception being on the last day of the meeting when the last time slot will run from 1:00 pm to 3:00 pm.

8:00 am - 10:00 am
10:15 am - 12:15 pm
12:30 pm - 2:15 pm
2:30 pm - 4:30 pm

See also: JEL Classification System


Jan 02, 2015

Jan 02, 2015 5:30 pm, Sheraton Boston, Constitution Ballroom B
Econometric Society
Presidential Address
Manuel Arellano (CEMFI) On the Econometrics of Household Income and Consumption Dynamics

Jan 02, 2015 6:30 pm, Boston Marriott Copley, Grand Ballroom--Salon E
Association for Social Economics
Opening Plenary Session and Reception (A1, B5) (Panel Discussion)
Panel Moderator: Ellen Mutari (Richard Stockton College of New Jersey)
Guy Standing (University of London) A Precariat Charter: Building a New Distribution System


Jan 03, 2015

Jan 03, 2015 8:00 am, Sheraton Boston, Gardner Room
African Finance & Economics Association
Trade and Africa's Structural Transformation (O1, F1)
Presiding: Leonce Ndikumana (University of Massachusetts-Amherst)
Can Export Promotion Agencies Stem the Deindustrialisation in Sub-Saharan Africa?
Malokele Nanivazo (UN-WIDER)
Isaac Marcelin (University of Maryland-Eastern Shore)
[View Abstract]
Is Regional Integration Beneficial For Agricultural Productivity in Sub-Saharan Africa? The Case of CEMAC and WAEMU
Juliet Elu (Morehouse College)
Gregory Price (Langston University)
[View Abstract] [Download Preview]
What Can Trade Tell Us about Economic Transformation? Composition of Trade and Structural Transformation in African Countries
Mina Baliamoune-Lutz (University of North Florida)
Abdoul Mijiyawa (World Bank)
[View Abstract]
Some Determinants of Inter-Country Variations in the Growth Performance of African Countries
Steve Onyeiwu (Allegheny College)
Mackensie Bluedorn (Allegheny College)
[View Abstract]
Linking Gender Diversity, Economic Performance and Sustainability within the Microfinance Industry
Darline Augustine (Rochester Institute of Technology)
Christopher O. Wheat (Rutgers University)
Danielle T. Smith (Rochester Institute of Technology)
Charles A. Malgwi (Bentley University)
[View Abstract] [Download Preview]
Towards Economic Growth and Development in Sub-Saharan Africa: Does That Mar the Environment?
Solomon Aboagye (University of Ghana)
Paul Adjei Kwakwa (Presbyterian University College Ghana)
[View Abstract] [Download Preview]
Discussants:
Danielle T. Smith (Rochester Institute of Technology)
Oluyemisi Kuku-Shittu (NSSP-IFPRI)
Inoussa Boubacar (Clarion University)
Samuel Amponsah (Tokyo International University)
Malokele Nanivazo (UN-WIDER)

Jan 03, 2015 8:00 am, Westin Copley, St. George D
Agricultural & Applied Economics Association
Risk Mitigation Tools in Agriculture: Crop Insurance and Contract Farming (Q1)
Presiding: David Zilberman (University of California-Berkeley)
Using Prospect Theory to Explain Anomalous Crop Insurance Decisions
Bruce Babcock (Iowa State University)
[View Abstract] [Download Preview]
The Effects of Crop Insurance on Specialty Crop Acreage: A Focus on CAT using Unique Individual Policy Holder Data
Daniel A. Sumner (University of California-Davis)
Hyunok Lee (University of California-Davis)
Jisang Yu (University of California-Davis)
[View Abstract] [Download Preview]
The Pricing of Community Supported Agriculture (CSA) Contracts: Evidence from New England
Thomas W. Sproul (University of Rhode Island)
Jaclyn D. Kropp (University of Florida)
[View Abstract]
How Does Crop Insurance Purchase Affect Marketing Contracts Participation
Xiaoxue Du (University of California-Berkeley)
Jennifer Ifft (Cornell University)
Liang Lu (University of California-Berkeley)
David Zilberman (University of California-Berkeley)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Sheraton Boston, Independence Ballroom
American Economic Association
A Discussion of Thomas Piketty's "Capital in the 21st Century" (D3)
Presiding: N. Gregory Mankiw (Harvard University)
Capital and Wealth in the 21st Century
David N. Weil (Brown University)
[Download Preview]
Capital Taxation in the 21st Century
Alan J. Auerbach (University of California-Berkeley)
Kevin Hassett (American Enterprise Institute)
[Download Preview]
Yes, r>g. So what?
N. Gregory Mankiw (Harvard University)
[View Abstract] [Download Preview]
About Capital in the 21st century
Thomas Piketty (Paris School of Economics)
[Download Preview]

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 202
American Economic Association
Analyzing the Dynamics of Social Networks in Developing Economies - Methods of Linking Theory to Data (O1, O3)
Presiding: Veronika K. Bertram-Huemmer (DIW Berlin)
Modeling and Measuring Information Asymmetry in the Context of Senegalese Migrants’ Remittances
Marlon Seror (Paris School of Economics)
[View Abstract] [Download Preview]
Networks and Manufacturing Firms in Africa: Initial Results from a Randomized Experiment
Marcel Fafchamps (Stanford University)
Simon Quinn (University of Oxford)
[View Abstract] [Download Preview]
Perceived Neediness and Risk Sharing
Friederike Lenel (DIW Berlin)
[View Abstract]
Mis-measurement and Social Networks: Evidence from Survey and Census data from Ethiopia
Pramila Krishnan (University of Cambridge)
Irina Shaorshadze (University of Cambridge)
[View Abstract] [Download Preview]
Discussants:
Friederike Lenel (DIW Berlin)
Irina Shaorshadze (University of Cambridge)
Stefano Caria (University of Oxford)
Marcel Fafchamps (Stanford University)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 204
American Economic Association
Behavioral Political Economy (D7)
Presiding: Erik Snowberg (California Institute of Technology)
Overconfidence in Political Behavior
Pietro Ortoleva (Columbia University)
Erik Snowberg (California Institute of Technology and NBER)
[View Abstract]
Electoral Control with Behavioral Voters
Daniel Diermeier (Northwestern University)
Christopher Li (Northwestern University)
[View Abstract] [Download Preview]
Collective Self-Control
Leeat Yariv (California Institute of Technology)
Alessandro Lizzeri (New York University)
[View Abstract]
Correlation Neglect, Voting Behavior and Polarization
Ronny Razin (London School of Economics)
Gilat Levy (London School of Economics)
[View Abstract]
Discussants:
Steven Callander (Stanford University)
Scott Ashworth (University of Chicago)
Scott Page (University of Michigan)
Stephen Ansolabehere (Harvard University)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 208
American Economic Association
Capital Flows, Credit and Assets Cycles, and Macroprudential and Exchange Rate Policies (F3, F4)
Presiding: Nicolas Ernesto Magud (International Monetary Fund)
Exchange Rate Flexibility and Credit during Capital Inflow Reversals: Purgatory...not Paradise
Nicolas Ernesto Magud (International Monetary Fund)
Esteban Rodrigo Vesperoni (International Monetary Fund)
[View Abstract] [Download Preview]
Macroprudential Regulation Versus Mopping Up After the Crash
Olivier Jeanne (Johns Hopkins University)
Anton Korinek (Johns Hopkins University)
[View Abstract]
Reserve Requirement Policy over the Business Cycle
Carlos Vegh (Johns Hopkins University)
Guillermo Vuletin (Brookings Institution)
[View Abstract] [Download Preview]
Global Liquidity, House Prices, and the Macroeconomy: Evidence from Advanced and Emerging Economies.
Alessandro Rebucci (Johns Hopkins University)
Luis Felipe Cespedes (Universidad Adolfo Ibanez)
[View Abstract]
What are the Real Effects of QE Driven Capital Flows? Evidence from Firm-Bank Matched Data in an Emerging Market
Yusuf Soner Baskaya (CBRT)
Julian di Giovanni (Universitat Pompeu Fabra, BGSE, CREI & CEPR)
Sebnem Kalemli-Ozcan (University of Maryland, CEPR & NBER)
Josse-Luis Peydro (Universitat Pompeu Fabra, BGSE, CREI & CEPR)
Mehmet Fatih Ulu (CBRT)
Discussants:
Pierre-Olivier Gourinchas (University of California-Berkeley)
Alberto Martin (CREI, Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
Mark Spiegel (Federal Reserve Bank of San Francisco)
Thomas Helbling (International Monetary Fund)
Gurnain Pasricha (Bank of Canada)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 201
American Economic Association
Children and Labor Market Outcomes (J1, J2)
Presiding: Claudia Olivetti (Boston University)
Parental Responses to Child Support Obligations: Causal Evidence from Administrative Data
Maya Rossin-Slater (University of California-Santa Barbara)
Miriam Wust (Danish National Centre for Social Research (SFI))
[View Abstract] [Download Preview]
Parental Time Investments in Children: The Role of Competition for University Places in the UK
Cristina Borra (University of Sevilla)
Almudena Sevilla (Queen Mary University of London)
[View Abstract] [Download Preview]
The Labor Supply Effects of Delayed First Birth
Jane Leber Herr (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Elizabeth Peters (Urban Institute)
Lucie Schmidt (Williams College)
Christina Felfe (University of St. Gallen)

Jan 03, 2015 8:00 am, Sheraton Boston, The Fens
American Economic Association
Curriculum and Assessment of Economic Principles (A2)
Presiding: Carlos Asarta (University of Delaware)
Modeling and Measuring of Economics Knowledge among Freshman Students in German Higher Education
Manuel Foerster (Johannes Gutenberg University Mainz)
Olga Zlatkin-Troitschanskaia (Johannes Gutenberg University Mainz)
Roland Happ (Johannes Gutenberg University Mainz)
Sebastian Brueckner (Johannes Gutenberg University Mainz)
[Download Preview]
Grades, Coursework, and Student Characteristics in High School Economics
William Walstad (University of Nebraska-Lincoln)
Ken Rebeck (St Cloud State University)
Motivating College-Level Immersion: The AP Economics Programs and Exams
David A. Anderson (Centre College)
[View Abstract] [Download Preview]
Economics Assessment in the IB Diploma Programme
Susan James (International Baccalaureate)
[Download Preview]
Discussants:
Georg Schaur (University of Tennessee)
John Swinton (Georgia College and State University)
Paul W. Grimes (Pittsburg State University)
William Bosshardt (Florida Atlantic University)

Jan 03, 2015 8:00 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
Does Household Debt Act as a Transmission Mechanism for Long-Run Trends, Macroeconomic Shocks, and Policy? (E3, J2)
Presiding: Heather Boushey (Washington Center for Equitable Growth)
House Price Gains and United States Household Spending from 2002 to 2006
Amir Sufi (University of Chicago)
Atif Mian (Princeton University)
The Impact of Loan Modifications on Repayment, Bankruptcy, and Labor Supply: Evidence from a Randomized Experiment
Will Dobbie (Princeton University)
[View Abstract]
The Impact of Consumer Credit Access on Unemployment
Kyle Herkenhoff (University of Minnesota)
Interest Rates and Equity Extraction during the Housing Boom
Benjamin Keys (University of Chicago)
Neil Bhutta (Federal Reserve Board of Governors)
[View Abstract] [Download Preview]
Discussants:
Claudia Sahm (Federal Reserve Board of Governors)
Ben Zipperer (Washington Center for Equitable Growth)
Jeffrey Thompson (Federal Reserve Board of Governors)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 209
American Economic Association
Empirical Market Design (D4)
Presiding: Ramesh Johari (Stanford University)
Quality Externalities and the Limits of Reputation in Two-Sided Markets
Chris Nosko (University of Chicago)
Steven Tadelis (University of California-Berkeley)
[View Abstract]
At What Quality and What Price? Inducing Separating Equilibria as a Market Design Problem
John Joseph Horton (New York University)
Ramesh Johari (Stanford University)
[View Abstract]
Changing the Course Allocation Mechanism at Wharton
Eric Budish (University of Chicago)
Judd Kessler (University of Pennsylvania)
[View Abstract] [Download Preview]
The Economics of the Common Application
Christopher Avery (Harvard University)
Parag A. Pathak (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Ali Hortacsu (University of Chicago)
Steven Tadelis (University of California-Berkeley)
Eduardo Azevedo (University of Pennsylvania)
Eric Budish (University of Chicago)

Jan 03, 2015 8:00 am, Sheraton Boston, Public Garden
American Economic Association
Experimental Evidence of the Impact of Online Education on Student Outcomes (I2, A2)
Presiding: Rebecca Maynard (University of Pennsylvania)
Virtually Large: The Effects of Class Size in Online College Courses
Eric Bettinger (Stanford University)
Christopher Doss (Stanford University)
Susanna Loeb (Stanford University)
Eric Taylor (Stanford University)
[View Abstract]
Does Classroom Time Matter? A Randomized Field Experiment of Hybrid and Traditional Lecture Formats in Economics
Ted Joyce (Baruch College)
Sean Crockett (Baruch College)
David Jaeger (City University of New York)
Onur Altinag (City University of New York)
[View Abstract] [Download Preview]
Online, Blended and Classroom Teaching of Economics Principles: A Randomized Experiment
William Alpert (University of Connecticut)
Kenneth Couch (University of Connecticut)
Oskar Harmon (University of Connecticut)
[View Abstract]
Discussants:
David Deming (Harvard University)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 203
American Economic Association
Experimental Finance and Neuroeconomics (G1, D8)
Presiding: Alon Brav (Duke University)
Socioeconomic Status and Learning from Financial Information
Camelia M. Kuhnen (University of North Carolina)
Andrei Miu (Babes-Bolyai University)
[View Abstract] [Download Preview]
Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking?
John Beshears (Harvard Business School)
James Choi (Yale University)
David Laibson (Harvard University)
Brigitte C. Madrian (Harvard University)
[View Abstract] [Download Preview]
What Drives Peer Effects in Financial Decision-Making? Neural and Behavioral Evidence
Cary Frydman (University of Southern California)
[View Abstract] [Download Preview]
Discussants:
Stephan Siegel (University of Washington)
Michaela Pagel (Columbia University)
Shimon Kogan (University of Texas-Austin)

Jan 03, 2015 8:00 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
External Validity of Field Experiments (B4, O1)
Presiding: John List (University of Chicago)
Do Field Experiments Afford Researchers More or Less Control than Laboratory Experiments? A Simple Model
John List (University of Chicago)
Omar Al-Ubaydli (George Mason University)
[View Abstract]
Site Selection Bias in Program Evaluation
Hunt Allcott (New York University)
[View Abstract] [Download Preview]
Heterogeneous Treatment Effects in Impact Evaluation
Eva Vivalt (New York University)
[View Abstract]
Learning from Experiments when Context Matters
Lant Pritchett (Harvard University)
Justin Sandefur (Center for Global Development)
[View Abstract] [Download Preview]
Discussants:
Rachel Glennerster (Massachusetts Institute of Technology and Poverty Action Lab)
Edward Miguel (University of California-Berkeley)
David McKenzie (World Bank)
Rema Hanna (Harvard University)

Jan 03, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Firm Dynamics and Growth (O4, E6)
Presiding: Philippe Aghion (Harvard University)
The Importance of Customer Relationships for U.S. Retailer Size and Growth
Liran Einav (Stanford University)
Jonathan Levin (Stanford University)
Peter Klenow (Stanford University)
Lack of Selection and Imperfect Managerial Contracts: Firm Dynamics in Developing Countries
Ufuk Akcigit (University of Pennsylvania)
Harun Alp (University of Pennsylvania)
Michael Peters (London School of Economics)
[View Abstract]
Why Doesn't Technology Flow from Rich to Poor Countries?
Harold L. Cole (University of Pennsylvania)
Jeremy Greenwood (University of Pennsylvania)
Juan M. Sanchez (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
Constraints to the Growth of Firms: All in the Family?
David Atkin (Yale University)
Francisco J. Buera (Federal Reserve Bank of Chicago)
Amit Khandelwal (Columbia University)
Yongseok Shin (Washington University-St. Louis)
[View Abstract]
Discussants:
Sam Kortum (Yale University)
John Haltiwanger (University of Maryland)
Joseph P. Kaboski (University of Notre Dame)
Rocco MacChiavello (University of Warwick)

Jan 03, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
Impacts of the Great Recession on Low-Income Households (I3)
Presiding: Diane Schanzenbach (Northwestern University)
The Great Recession and Credit Trends Across Income Groups
Eugene Amromin (Federal Reserve Bank of Chicago)
Leslie McGranahan (Federal Reserve Bank of Chicago)
[View Abstract]
Heterogeneity in the Impact of Economic Cycles and the Great Recession: Effects Within and Across the Income Distribution
Marianne Bitler (University of California-Irvine)
Hilary Hoynes (University of California-Berkeley)
[View Abstract] [Download Preview]
Changes in Safety Net Use During the Great Recession
Patricia Anderson (Dartmouth College)
Kristin Butcher (Wellesley College)
Diane Schanzenbach (Northwestern University)
[View Abstract] [Download Preview]
Where Do Children from Rich and Poor Families Go to College? Parental Income across U.S. Higher Education 1999-2012
Raj Chetty (Harvard University)
John N. Friedman (Harvard University)
Emmanuel Saez (University of California-Berkeley)
Nicholas Turner (U.S. Treasury Department)
Danny Yagan (University of California-Berkeley)
[View Abstract]
Discussants:
Jesse Rothstein (University of California-Berkeley)
Jon Guryan (Northwestern University)
Kristin Butcher (Wellesley College)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 207
American Economic Association
Intergenerational Mobility over Time and Across Locations: Establishing the Facts and Explaining the Mechanisms (J6, D3)
Presiding: Miles Corak (University of Ottawa)
From Great Gatsby to Norway's Equal Society
Kjell G. Salvanes (Norwegian School of Economics)
Daron Acemoglu (Massachusetts Institute of Technology)
Matti Sarvimäki (Aalto University and VATT)
[View Abstract]
Interpreting Trends in Intergenerational Mobility
Martin Nybom (Stockholm University)
Jan Stuhler (Universidad Carlos III Madrid)
[View Abstract] [Download Preview]
Human Capital Spillovers and the Geography of Intergenerational Mobility
Giovanni Gallipoli (University of British Columbia)
Brant Abbott (Yale University)
[View Abstract] [Download Preview]
The Causal Effect of Parental Human Capital on Children's Human Capital
Ananth Seshadri (University of Wisconsin)
Sang Yoon (Tim) Lee (University of Mannheim)
Nicolas Roys (University of Wisconsin)
[View Abstract] [Download Preview]
Discussants:
Jo Blanden (University of Surrey)
Yanos Zylberberg (CREI and Universitat Pompeu Fabra)
Thibaut Lamadon (University of Chicago)
Marit Rehavi (University of British Columbia)

Jan 03, 2015 8:00 am, Hynes Convention Center, Room 206
American Economic Association
International Trade with Global Value Chains (F1, F2)
Presiding: Davin Chor (National University of Singapore)
The Margins of Global Sourcing: Theory and Evidence from U.S. Firms
Pol Antras (Harvard University)
Teresa Fort (Dartmouth College)
Felix Tintelnot (University of Chicago)
[View Abstract] [Download Preview]
The Global Production Line Position of Chinese Firms
Davin Chor (National University of Singapore)
Kalina Manova (Stanford University)
Zhihong Yu (University of Nottingham)
[View Abstract]
Multinational Production and Comparative Advantage
Vanessa Alviarez (University of British Columbia)
[View Abstract]
Global Supply Chains and Trade Policy
Emily Blanchard (Dartmouth College)
Chad Bown (World Bank)
Robert C. Johnson (Dartmouth College)
[View Abstract]
Discussants:
Stephen Redding (Princeton University)
Peter Schott (Yale University)
Lorenzo Caliendo (Yale University)
Ralph Ossa (University of Chicago)

Jan 03, 2015 8:00 am, Sheraton Boston, Boston Common
American Economic Association
Medical Patient Behavior (I1)
Presiding: Jessica Holmes (Middlebury College)
Malpractice Laws and Incentives to Shield Assets: Evidence from Nursing Homes
Susan F. Lu (University of Rochester)
James Brickley (University of Rochester)
Gerard Wedig (University of Rochester)
[View Abstract]
Medicaid Asset Look-Back Policy and the Elderly's Asset Holding Decisions
Padmaja Ayyagari (University of Iowa)
Daifeng He (College of William and Mary)
[View Abstract]
Income Manipulation to Subsidized Health Insurance Programs: Evidence from Massachusetts
Julie Shi (Harvard University)
[View Abstract] [Download Preview]
Is Health Care an Individual Necessity? Evidence from Social Security Notch
Yuping Tsai (Centers for Disease Control and Prevention)
[View Abstract] [Download Preview]
Why Do Americans Spend So Much More on Health Care than Europeans?
Kevin X.D. Huang (Vanderbilt University)
Hui He (Shanghai University of Finance and Economics)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon B
American Economic Association
Microeconomics (D8)
Presiding: Kyung Park (Wellesley College)
Machiavellian Delegation
Harry Di Pei (Massachusetts Institute of Technology)
Shoshana Vasserman (Harvard University)
[View Abstract] [Download Preview]
Simultaneous Adverse Selection and Moral Hazard
Daniel Gottlieb (University of Pennsylvania)
Humberto Moreira (Fundacao Getulio Vargas)
[View Abstract]
Shrouded Transaction Costs
Renato Gomes (Toulouse School of Economics)
Jean Tirole (Toulouse School of Economics)
Helene Bourguignon (La Banque Postale)
[View Abstract] [Download Preview]
How to Boost Revenues in First-Price Auctions? The Magic of Disclosing Only Winning Bids from Past Auctions
Philippe Jehiel (Paris School of Economics and University College London)
Peter Katuscak (CERGE-EI)
Fabio Michelucci (CERGE-EI)
[View Abstract] [Download Preview]
Intertemporal Substitution and Self Control
Petra Geraats (University of Cambridge)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Sheraton Boston, Riverway
American Economic Association
Structural Demand Models of Attention: Theory and Applications (L2, D8)
Presiding: Sebastien Houde (University of Maryland)
Positive Spillovers and Free Riding in Advertising of Prescription Pharmaceuticals: The Case of Antidepressants
Bradley T. Shapiro (University of Chicago)
[View Abstract] [Download Preview]
A/B Testing and Welfare
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
Neale Mahoney (University of Chicago)
[View Abstract]
Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model
Alisdair McKay (Boston University)
Filip Matejka (CERGE-EI)
[View Abstract] [Download Preview]
How Consumers Respond to Environmental Certification and the Value of Energy Information
Sebastien Houde (University of Maryland)
[View Abstract] [Download Preview]
Discussants:
Gautam Gowrisankaran (University of Arizona)
Michael Grubb (Boston College)
Matthew Harding (Duke University)
Mark Dean (Brown University)

Jan 03, 2015 8:00 am, Westin Copley, Essex North
American Finance Association
Asset Pricing Theory (G1)
Presiding: Jessica Wachter (University of Pennsylvania)
Leisure Preferences, Long-Run Risks, and Human Capital Returns
Robert Dittmar (University of Michigan)
Francisco Palomino (University of Michigan)
Wei Yang (University of Indiana)
[View Abstract] [Download Preview]
New Entropy Restrictions and the Quest for Better Specified Asset Pricing Models
Gurdip Bakshi (University of Maryland)
Fousseni Chabi-Yo (Ohio State University)
[View Abstract] [Download Preview]
Asset Prices and Business Cycles with Financial Shocks
Mahdi Nezafat (Michigan State University)
Ctirad Slavik (Goethe University Frankfurt)
[View Abstract]
Discussants:
Stijn Van Nieuwerburgh (New York University)
Adrien Verdelhan (Massachusetts Institute of Technology)
Zhiguo He (University of Chicago)

Jan 03, 2015 8:00 am, Westin Copley, America North
American Finance Association
Dynamic Agency (G3)
Presiding: Michael Fishman (Northwestern University)
Uncertainty Shocks and Dynamic Compensation
Felix Feng (Duke University)
[View Abstract] [Download Preview]
A Theory of Liquidity and Risk Management Based on the Inalienability of Risky Human Capital.
Patrick Bolton (Columbia University)
Neng Wang (Columbia University)
Jinqiang Yang (Shanghai University of Finance and Economics)
[View Abstract] [Download Preview]
Delegated Investment in a Dynamic Agency Model
Florian Hoffman (Goethe University Frankfurt)
Sebastian Pfeil (Goethe University Frankfurt)
[View Abstract]
Discussants:
Alexei Tchistyi (University of California-Berkeley)
Adriano Rampini (Duke University)
Konstantin Milbradt (Northwestern University)

Jan 03, 2015 8:00 am, Westin Copley, America South
American Finance Association
Financial Stability (Sponsored by the Office for Financial Research (OFR)) (G2)
Presiding: Patricia Mosser (Office of Financial Research)
CoMargin
Jorge Cruz Lopez (Bank of Canada)
Jeffrey Harris (American University)
Christophe Hurlin (Universite d'Orleans)
Christophe Perignon (HEC Paris)
[View Abstract] [Download Preview]
Crowded Trades: An Overlooked Systemic Risk for Central Clearing Counterparties
Albert Menkveld (VU University Amsterdam)
[View Abstract]
Financial Firm Bankruptcy and Contagion
Jean Helwege (University of South Carolina)
Gaiyan Zhang (University of Missouri-St. Louis)
[View Abstract] [Download Preview]
Lending Pro-Cyclicality and Macro-Prudential Policy: Evidence from Japanese LTV Ratios
Arito Ono (Mizuho Research Institute)
Hirofumi Uchida (Kobe University)
Gregory Udell (Indiana University)
Iichiro Uesugi (Hitotsubashi University)
[View Abstract] [Download Preview]
Discussants:
Haoxiang Zhu (Massachusetts Institute of Technology)
Takeo Hoshi (Stanford University)
Phillip Monin (Office of Financial Research)
Matt Pritsker (Federal Reserve Bank of Boston)

Jan 03, 2015 8:00 am, Westin Copley, Essex Center
American Finance Association
Frontiers in Corporate Decision-Making (G1)
Presiding: Francisco Perez-Gonzalez (Stanford University and Instituto Tecnologico Autonomo de Mexico)
CEO Gender and Corporate Risk-Taking
Mara Faccio (Purdue University)
Maria-Teresa Marchica (University of Manchester)
Roberto Mura (University of Manchester)
[View Abstract] [Download Preview]
Beauty is Wealth: CEO Appearance and Shareholder Value
Joseph T. Halford (University of Wisconsin-Milwaukee)
Hung-Chia Scott Hsu (University of Wisconsin-Milwaukee)
[View Abstract] [Download Preview]
Hard Marriage with Heavy Burdens: Labor Unions as Takeover Deterrents
Xuan Tian (Indiana University)
Wenyu Wang (Indiana University-Bloomington)
[View Abstract] [Download Preview]
State Capitalism vs. Private Enterprise
Donghua Chen (Nanjing University)
Dequan Jiang (Wuhan University and Nanjing University)
Alexander Ljungqvist (New York University)
Haitian Lu (Hong Kong Polytechnic University)
Mingming Zhou (University of Colorado-Colorado Springs and New York University)
[View Abstract] [Download Preview]
Discussants:
Ulrike Malmendier (University of California-Berkeley)
Kelly Shue (University of Chicago)
David A. Matsa (Northwestern University)
Daniel Wolfenzon (Columbia University)

Jan 03, 2015 8:00 am, Westin Copley, Essex South
American Finance Association
Mutual Funds and Management Skill (G1)
Presiding: Laura Starks (University of Texas-Austin)
Identifying Skilled Mutual Fund Managers by Their Ability to Forecast Earnings
Hao Jiang (University of Texas-Austin)
Lu Zheng (University of California-Irvine)
[View Abstract] [Download Preview]
On the Demand for High-Beta Stocks: Evidence from Mutual Funds
Susan Christoffersen (University of Toronto)
Mikhail Simutin (University of Toronto)
[View Abstract] [Download Preview]
Mutual Fund Investment Horizon and Performance
Chunhua Lan (University of New South Wales)
Russ Wermers (University of Maryland)
[View Abstract] [Download Preview]
Discussants:
Richard Sias (University of Arizona)
Clemens Sialm (University of Texas-Austin)
Jeffrey Pontiff (Boston College)

Jan 03, 2015 8:00 am, Westin Copley, America Center
American Finance Association
Searching for Market Mistakes (G1)
Presiding: Lauren Cohen (Harvard Business School)
Analysts' Forecast Bias and the Mispricing of High Credit Risk Stocks
Mark Grinblatt (University of California-Los Angeles)
Gergana Jostova (George Washington University)
Alexander Philipov (George Mason University)
[View Abstract] [Download Preview]
Pictures are Worth a Thousand Words: Graphical Information Disclosure and Investment Decision Making
Peter de Goeij (Tilburg University)
Timo Hogendoorn (Achmea Holding)
Geert Van Campenhout (KU Leuven)
[View Abstract] [Download Preview]
Stock Duration, Analysts Recommendations, and Misvaluation
Martijn Cremers (University of Notre Dame)
Ankur Pareek (Rutgers University)
Zacharias Sautner (Frankfurt School of Finance and Management)
[View Abstract] [Download Preview]
The Geographic Dispersion of Google Search and the Market Reaction to Earnings Announcements
Sabrina Chi (University of Arkansas)
Devin Shanthikumar (University of California-Irvine)
[View Abstract] [Download Preview]
Discussants:
Umit Gurun (University of Texas-Dallas)
Christa Bouwman (Texas A & M University)
Breno Schmidt (Emory University)
Joey Engelberg (University of California-San Diego)

Jan 03, 2015 8:00 am, Westin Copley, Great Republic
American Real Estate & Urban Economic Association
House Price Dynamics (R3, G1)
Presiding: Richard Green (University of Southern California)
Bubbles, Post-Crash Dynamics, and the Housing Market
Stuart Rosenthal (Syracuse University)
Crocker Liu (Cornell University)
Adam D. Nowak (West Virginia University)
[View Abstract] [Download Preview]
Investor Confidence as a Determinant of China’s Urban Housing Market Dynamics
Matthew Kahn (University of California-Los Angeles)
Weizeng Sun (Tsinghua University)
Siqi Zheng (Tsinghua University)
[View Abstract] [Download Preview]
United States House Prices over the Last 30 Years: Bubbles, Regime Shifts and Market (In)Efficiency
Robert Van Order (George Washington University)
Rose Lai (University of Macau)
[View Abstract] [Download Preview]
A More Timely House Price Index
Steven M. Laufer (Federal Reserve Board)
Elliot Anenberg (Federal Reserve Board)
[View Abstract] [Download Preview]
Discussants:
Lu Han (University of Toronto)
Kerry Vandell (University of California-Irvine)
Stephen Malpezzi (University of Wisconsin-Madison)
Christian Redfearn (University of Southern California)

Jan 03, 2015 8:00 am, Westin Copley, Empire
American Real Estate & Urban Economic Association
Real Options (G1, R3)
Presiding: Timothy Riddiough (University of Wisconsin-Madison)
Do Value-Added Real Estate Investments Add Value?
Liang Peng (University of Colorado-Boulder)
Thomas Thibodeau (University of Colorado-Boulder)
[View Abstract]
Real Estate Risk, Corporate Investment and Financing Choice
Xiaoying Deng (Wuhan University)
Seow Eng Ong (National University of Singapore)
Meijun Qian (National University of Singapore)
[View Abstract] [Download Preview]
Characteristics of Depreciation in Commercial and Multi-Family Property: An Investment Perspective
Sheharyar Bokhari (Massachusetts Institute of Technology)
David Geltner (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Commercial Real Estate Market Property Level Capital Expenditure: An Options Analysis
James Shilling (DePaul University)
Shaun Bond (University of Cincinnati)
Charles Wurtzeba (DePaul University)
[View Abstract] [Download Preview]
Discussants:
Jeffrey Fisher (University of Indiana)
Moussa Diop (University of Wisconsin)
David Barker (University of Iowa)
John Clapp (University of Connecticut)

Jan 03, 2015 8:00 am, Westin Copley, Defender
American Real Estate & Urban Economic Association
The Liquidity of Real Estate (G1, R3)
Presiding: Brent Smith (Virginia Commonwealth University)
Commonality in Liquidity and Real Estate Securities
Anjeza Kadilli (University of Geneva)
Martin Hoesli (University of Geneva)
Kustrim Reka (University of Geneva)
[View Abstract] [Download Preview]
Real Estate Fund Flows and the Flow-Performance Relationship
David Downs (Virginia Commonwealth University)
Steffen Sebastian (University of Regensburg)
Christian Weistroffer (Goethe University Frankfurt)
Ren Woltering (University of Regensburg)
[View Abstract] [Download Preview]
Foreclosure Externalities and Real Estate Liquidity
Xun Bian (Longwood University)
Raymond Brastow (Longwood University)
Bennie Waller (Longwood University)
Scott Wentland (Longwood University)
[View Abstract] [Download Preview]
Liquidity Pricing of Illiquid Assets
Gianluca Marcato (University of Reading)
[View Abstract] [Download Preview]
Discussants:
Peng (Peter) Liu (Cornell University)
Piet Eichholtz (University of Maastricht)
Vincent W. Yao (Fannie Mae)
Steve Slezak (University of Cincinnati)

Jan 03, 2015 8:00 am, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Intangible Capital, Creative Destruction, and Prospects for China's Continued Economic Growth (D2, O3)
Presiding: Belton Fleisher (Ohio State University)
Is China’s “Great Wall” of Patents a Barrier to Sustained Growth?
Jun Du (Aston University)
Ying Zhou (UK Enterprise Research Centre)
[View Abstract]
China-United States Productivity Catch-Up: Escaping the Middle-Income Trap?
Gary Jefferson (Brandeis University)
Paul D. Deng (Copenhagen Business School)
[View Abstract] [Download Preview]
China's Patenting Surge from 2007 to 2011: More Innovation or Just More Patents?
Albert Guangzhou Hu (China Europe International Business School and National University of Singapore)
[View Abstract]
Crisis as a Catalyst for Quality Upgrade: Evidence from Industrial Clusters in China
Jianqing Ruan (Zhejiang University)
Xiaobo Zhang (Peking University and IFPRI)
[View Abstract] [Download Preview]
Discussants:
Belton Fleisher (Ohio State University)
William McGuire (University of Washington-Tacoma)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics/International Association for Feminist Economics
Public Policy and Social Provisioning (I3)
Presiding: Timothy A. Wunder (University of Texas-Arlington)
Basic Income and the Social Provisioning Process: Some Polanyian/Keynesian Insights
Mario Seccareccia (University of Ottawa)
[View Abstract]
Women in a Financialization World: Microcredit, Empowerment and Profits
Alicia Giron (National Autonomous University-Mexico)
[View Abstract] [Download Preview]
The Concept of Care in Institutional and Feminist Economics and Its Impact on Public Policy
Anna Zachorowska-Mazurkiewicz (Jagiellonian University)
[View Abstract] [Download Preview]
Transforming Consumers to Social Provisioners
Paula M. Cole (University of Denver)
Valerie K. Kepner (King's College)
[View Abstract]
A Different Look at the Welfare Trap: Institutional Causes and Remedies
Necati Celik (University of Utah)
[View Abstract] [Download Preview]
Discussants:
Swarna S. Vepa (Madras School of Economics)
Siobhan Austen (Curtin University)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Ethical Challenges Facing the Academic Economist: Theoretical Work and Pedagogy (A1, B4)
Presiding: Deirdre N. McCloskey (University of Illinois-Chicago)
Economists’ Odd Stand on the Positive-Normative Distinction: A Behavioral Economics View
John B. Davis (Marquette University)
[View Abstract] [Download Preview]
After Samuelson: Liberal Education for Economists
Robert Garnett (Texas Christian University)
[View Abstract] [Download Preview]
Poisoning the Well, or How Economic Theory Damages Moral Imagination
Julie Nelson (University of Massachusetts-Boston)
[View Abstract] [Download Preview]
Alternative Ethical Perspectives on the Financial Crisis: Lessons for Economists
Irene van Staveren (Erasmus University Rotterdam)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Energy and Energy-Intensive Industry (Q4, L2)
Presiding: Meredith Fowlie (University of California-Berkeley)
The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure
Catie Hausman (University of Michigan)
Lucas Davis (University of California-Berkeley)
[View Abstract] [Download Preview]
The Causal Effects of the European Union Emissions Trading Scheme: Evidence from French Manufacturing Plants
Ralf Martin (Imperial College London)
Ulrich Wagner (University of Madrid)
Mirabelle Muuls (Imperial College London)
Jonathon Colmer (London School of Economics)
[Download Preview]
The Effect of Electricity Taxation on the German Manufacturing Sector: A Regression Discontinuity Approach
Benjamin Johannes Lutz (Centre for European Economic Research)
Florens Flues (Organization for Economic Cooperation and Development)
[View Abstract] [Download Preview]
A one-two punch: Joint effects of natural gas abundance and renewables on coal-fired power plants
Harrison Fell (Colorado School of Mines)
Daniel Kaffine (University of Colorado-Boulder)
[View Abstract] [Download Preview]
Discussants:
James Bushnell (University of California-Davis)
Meredith Fowlie (University of California-Berkeley)
Ralf Martin (Imperial College London)
Kevin Novan (University of California-Davis)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon I
Association of Financial Economists/American Economic Association
Culture, Social Transmission, and Arbitrage in Financial Markets (G1, D7)
Presiding: Paola Sapienza (Northwestern University)
Does Diversity Lead to Diverse Opinions? Evidence from Languages and Stock Markets
Yen-Cheng Chang (Shanghai Advanced Institute of Finance)
Harrison Hong (Princeton University)
Larissa Tiedens (Stanford University)
Na Wang (Hofstra University)
Bin Zhao (Shanghai Advanced Institute of Finance)
[View Abstract] [Download Preview]
Social Trust and Differential Reactions of Local and Foreign Investors to Public News
Chunxin Jia (Peking University)
Yaping Wang (Peking University)
Wei Xiong (Princeton University)
[View Abstract] [Download Preview]
Visibility Bias in the Transmission of Consumption Norms and Undersaving
Bing Han (University of Toronto)
David Hirshleifer (University of California-Irvine)
[View Abstract] [Download Preview]
How Constraining Are Limits to Arbitrage?
Alexander Ljungqvist (New York University)
Wenlan Qian (National University of Singapore)
[View Abstract] [Download Preview]
Discussants:
Luigi Zingales (University of Chicago)
Rene M. Stulz (Ohio State University)
Alberto Bisin (New York University)
Robin Greenwood (Harvard Business School)

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon G
Econometric Society
Aggregate Implications of International Capital Flows and Offshoring (F2)
Presiding: Johannes Boehm (London School of Economics)
The Risky Capital of Emerging Markets
Joel M. David (University of Southern California)
Espen Henriksen (University of California-Davis)
Ina Simonovska (University of California-Davis)
[View Abstract] [Download Preview]
The Impact of Contract Enforcement Costs on Outsourcing and Aggregate Productivity
Johannes Boehm (London School of Economics)
[View Abstract] [Download Preview]
Offshoring and the Shortening of the Quality Ladder: Evidence from Danish Apparel
Valerie Smeets (Aarhus School of Business)
Sharon Traiberman (Princeton University)
Frederic Warzynski (Aarhus School of Business)
[View Abstract] [Download Preview]
Offshoring, Low-Skilled Immigration and Labor Market Polarization
Federico Mandelman (Federal Reserve Bank of Atlanta)
Andrei Zlate (Federal Reserve Board)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon H
Econometric Society
Discounting for Climate Change Economics (G1, Q5)
Presiding: Robert E. Hall (Stanford University)
Long-Run Discount Rates: Applications to Climate Change Policies
Stefano Giglio (University of Chicago)
Matteo Maggiori (Harvard University)
Johannes Stroebel (New York University)
[View Abstract] [Download Preview]
Environmental Protection and Rare Disasters
Robert Barro (Harvard University)
[View Abstract] [Download Preview]
Gamma Discounters are Short-termist
Christian Gollier (Toulouse School of Economics)
[View Abstract] [Download Preview]
Discounting in a High Saving Economy
William Nordhaus (Yale University)
[View Abstract]
Discussants:
Robert E. Hall (Stanford University)
Xavier Gabaix (New York University)
Derek Lemoine (University of Arizona)
Maureen Cropper (University of Maryland)

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon E
Econometric Society
Financial Contracts and the Macro Economy (G3)
Presiding: Efraim Benmelech (Northwestern University)
Financial Contracts and the Macro Economy
Efraim Benmelech (Northwestern University)
[View Abstract]
Short-Term Debt and Financial Crisis: What We Can Learn from United States Treasury Supply
Arvind Krishnamurthy (Stanford University)
Annette Vissing-Jorgensen (University of California-Berkeley)
[View Abstract] [Download Preview]
Securitization and Asset Prices
Yunus Aksoy (University of London)
Henrique S. Basso (Bank of Spain)
[View Abstract] [Download Preview]
Covenant-Light Contracts and Creditor Coordination
Bo Becker (Stockholm School of Economics)
Victoria Ivashina (Harvard Business School)
[View Abstract]
Discussants:
Michael Weisbach (Ohio State University)
Samuel Hanson (Harvard Business School)
Adi Sunderam (Harvard Business School)
Jennifer Dlugosz (Washington University-St. Louis)

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon F
Econometric Society
High Dimensional Methods in Consumer Demand Models (C5)
Presiding: Arthur Lewbel (Boston College)
BLP-LASSO: Demand Estimation with Complex Products
Benjamin Gillen (California Institute of Technology)
Hyungsik Roger Moon (University of Southern California)
Matthew Shum (California Institute of Technology)
[View Abstract]
Analysis of High Dimensional Random Coefficient Models with Applications to Consumer Demand
Stefan Hoderlein (Boston College)
[View Abstract]
Are High Advertising to Sales Ratios Justified by Advertising Elasticities? Evidence from Consumer Panel Data with Model Section
Jeremy Fox (University of Michigan)
Yuya Sasaki (Johns Hopkins University)
Stefan Hoderlein (Boston College)
[View Abstract]
Optimal Instruments for Differentiated Product Demand Systems
Amit Gandhi (University of Wisconsin-Madison)
Jean-Francois Houde (University of Pennsylvania)
[View Abstract]
Discussants:
Bruce Hansen (University of Wisconsin)
Christian Hansen (University of Chicago)
Marc Rysman (Boston University)
Arthur Lewbel (Boston College)

Jan 03, 2015 8:00 am, Sheraton Boston, Beacon D
Econometric Society
Tail Risks (D8, G1)
Presiding: Laura Veldkamp (New York University)
Understanding Uncertainty Shocks and the Role of the Black Swan
Anna Orlik (Federal Reserve Board)
Laura Veldkamp (New York University)
[View Abstract] [Download Preview]
On the Measurement of Economic Tail Risk
Steven Kou (National University of Singapore)
Xianhua Peng (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
Interest Rate Uncertainty and Economic Fluctuations
Drew Dennis Creal (University of Chicago)
Jing Cynthia Wu (University of Chicago)
[View Abstract] [Download Preview]
Sovereign Tail Risk
Antonio Moreno (Universidad de Navarra)
[View Abstract] [Download Preview]

Jan 03, 2015 8:00 am, Boston Marriott Copley, Provincetown
Health Economics Research Organization/American Economic Association
Health Insurance and Labor Market Outcomes (I1)
Presiding: Donald E. Yett (University of Southern California)
Medicaid as an Investment In Children: What is the Long-Term Impact on Tax Receipts?
David Brown (U.S. Treasury Department)
Amanda Kowalski (Yale University)
Ithai Lurie (U.S. Treasury Department)
[View Abstract] [Download Preview]
The Impact of the Affordable Care Act Young Adult Provision on Labor Market Outcomes: Evidence from Tax Data
Bradley Heim (Indiana University)
Ithai Lurie (U.S. Treasury Department)
Kosali Simon (Indiana University)
[View Abstract] [Download Preview]
How Do Providers Respond to Public Health Insurance Expansions? Evidence from Adult Medicaid Dental Benefits
Thomas Buchmueller (University of Michigan)
Sarah Miller (University of Notre Dame)
Marko Vujicic (American Dental Association)
Discussants:
John N. Friedman (Harvard University)
Colleen Carey (University of Michigan)
Seth Freedman (Indiana University)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon D
International Banking Economics & Finance Association
Central Bank Policy and CCP's (G2, E5)
Presiding: S. Wayne Passmore (Federal Reserve Board)
Does a CCP Reduce Counterparty Risk in a Heterogeneous Network?
Rodney Garratt (Federal Reserve Bank of New York)
Peter Zimmerman (Bank of England)
[View Abstract]
The Risk-Taking Channel of Monetary Policy - Exploring All Avenues
Diana Bonfim (Bank of Portugal)
Carla Soares (Bank of Portugal)
[View Abstract]
Do Central Bank Interventions Limit the Market Discipline from Short-Term Debt?
Viral Acharya (New York University)
Diane Pierret (New York University)
Sascha Steffen (European School of Management and Technology)
[View Abstract]
Federal Reserve Tools for Managing Rates and Reserves
Antoine Martin (Federal Reserve Bank of New York)
Jamie McAndrews (Federal Reserve Bank of New York)
Ali Palida (Federal Reserve Bank of New York)
David Skeie (Federal Reserve bank of New York)
[View Abstract]
Discussants:
Cyril Monnet (University of Bern)
Oliver de Groot (Federal Reserve Board)
Ralf R. Meisenzahl (Federal Reserve Board)
Wilko Bolt (De Nederlandsche Bank)

Jan 03, 2015 8:00 am, Westin Copley, Helicon
Labor & Employment Relations Association
Research and Practice from Inside the Workforce Development and Unemployment Systems (J3)
Presiding: Mary Gatta (Wider Opportunities for Women)
All I Want Is a Job: Unemployed Women Navigating the Public Workforce System
Mary Gatta (Wider Opportunities for Women)
[View Abstract]
Flawed System/Flawed Self: Job Searching and Unemployment Experiences
Alex Vasquez (Massachusetts Institute of Technology and Brandeis University)
[View Abstract]
Innovations in Workforce Development
Geri Scott (Jobs for the Future)
Alexandra Waugh (Jobs for the Future)
[View Abstract]
Discussants:
Adrienne Eaton (Rutgers University)

Jan 03, 2015 8:00 am, Westin Copley, Courier
Labor & Employment Relations Association
The Employee Ownership Approach to Shared Prosperity: New Research (J3)
Presiding: Joseph Blasi (Rutgers University)
Employment Ownership and Firm Survival through the Great Recession
Fidan Ana Kurtulus (University of Massachusetts-Amherst)
Douglas L. Kruse (Rutgers University)
[View Abstract]
The Effect of Employee Ownership on Effort and Supervision
Erik K. Olsen (University of Missouri-Kansas City)
[View Abstract]
Best for Whom? Social Stratification, Employee Ownership, and Employee Outcomes in Fortune's Best Companies to Work For
Edward J. Carberry (University of Massachusetts-Boston)
Joan S.M. Meyers (University of the Pacific)
[View Abstract]
Employee Ownership: A View from the Lab
Phil Mellizo (College of Wooster)
[View Abstract] [Download Preview]
Discussants:
Richard B. Freeman (Harvard University)
Christopher Mackin (Rutgers University)

Jan 03, 2015 8:00 am, Westin Copley, North Star
Labor & Employment Relations Association
The Evolution of White Collar Occupations and Professions (J1)
Presiding: Paul Osterman (Massachusetts Institute of Technology)
The Changing Structure of White Collar Employment: A Review of Recent Trends
Françoise Carré (University of Massachusetts-Boston)
[View Abstract]
The Evolution of Legal Careers: The Case of Big Law Associates
Christine Riordan (Massachusetts Institute of Technology)
[View Abstract]
The Changing Contours of Managerial Careers: The Case of Non-Profits
Diane Burton (Cornell University)
Jae Eun Lee (Cornell University)
[View Abstract]
Discussants:
Michael J. Piore (Massachusetts Institute of Technology)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom--Salons J & K
National Association for Business Economics
The Outlook for the United States and Global Economy: Headwinds, Tailwinds, and Whirlwinds (E6) (Panel Discussion)
Panel Moderator: John Silvia (Wells Fargo)
R. Glenn Hubbard (Columbia University)
Ellen Hughes-Cromwick (University of Michigan)
John E. Silvia (Wells Fargo)
Lawrence H. Summers (Harvard University)
John C. Williams (Federal Reserve Bank of San Francisco)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Tufts
Society of Government Economists
New Insights from Government Statistics (B4, C8)
Presiding: Amelie F. Constant (Institute for the Study of Labor and George Washington University)
Measuring the Risk: Medical Care Economic Risk and the Supplemental Poverty Measure
Joelle Abramowitz (U.S. Census Bureau)
Brett O’Hara (U.S. Census Bureau)
[View Abstract]
The Recent Decline in Single Quarter Jobs
Henry Hyatt (U.S. Census Bureau)
James Spletzer (U.S. Census Bureau)
[View Abstract]
Job Creation, Small vs. Large vs. Young, and the SBA
J. David Brown (U.S. Census Bureau)
Emin Dinlersoz (U.S. Census Bureau)
John S. Earle (George Mason University and Central European University)
[View Abstract] [Download Preview]
Discussants:
Anne Hall (U.S. Bureau of Economic Analysis)
Leo Sveikauskas (U.S. Bureau of Labor Statistics)
Jay Stewart (U.S. Bureau of Labor Statistics)

Jan 03, 2015 8:00 am, Sheraton Boston, Exeter Room
Transportation & Public Utilities Group
Topics in Transportation Economics (L9)
Presiding: Patrick McCarthy (Georgia Institute of Technology)
Congesting the Commons: A Test for Strategic Congestion Externalities in the Airline Industry
Alejandro Molnar (Vanderbilt University)
[View Abstract]
The Impact of Gulf Carrier Competition on U.S. Airlines
Martin Dresner (University of Maryland)
Christian Hofer (University of Arkansas)
Fabio Mendez (Loyola University-Maryland)
Kerry Tan (Loyola University-Maryland)
[View Abstract] [Download Preview]
The Determinants of Motorcycle Fatalities: Are All Helmet Laws the Same?
Richard Fowles (University of Utah)
Peter Loeb (Rutgers University-Newark)
William A. Clarke (Bentley University)
[View Abstract]
Determinants of Passenger Vessel-Accident Damage Severity and Injuries
Tsz Lueng Yip (Hong Kong Polytechnic University)
Di Jin (Woods Hole Oceanographic Institution)
Wayne Kenneth Talley (Old Dominion University)
[View Abstract]
Discussants:
Kerry Tan (Loyola University-Maryland)
Alejandro Molnar (Vanderbilt University)
Jeffrey Cohen (University of Connecticut)
Wesley Wilson (University of Oregon)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Orleans
Union for Radical Political Economics
Inequality in America: Reflections on or Reactions to Piketty (E6)
Presiding: David Barkin (Universidad Autonoma Metropolitana)
Seeing Inequality in the First World from the Third World
David Barkin (Universidad Autonoma Metropolitana)
[View Abstract]
Thomas Piketty on Capitalism and Inequality: A Radical Economics Perspective
Gary Mongiovi (St. Johns University)
[View Abstract]
Piketty: Analyzing Polarization of Income and Wealth: The Tax Haven Gorilla and Other Stories
Mehrene Larudee (Al Quds Bard College-Palestine)
[View Abstract]
Piketty's Political Economy: The Dynamics of Distribution in 21st Century Capitalism
Victor Lippit (University of California-Riverside)
[View Abstract] [Download Preview]
Discussants:
Marlene Kim (University of Massachusetts-Boston)
Robert McKee (Independent Scholar)

Jan 03, 2015 8:00 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
Theory and Practices of Cooperatives (P1)
Presiding: Christopher Gunn (Hobart and William Smith Colleges)
Credit Union Cooperatives and Job Growth
Mark Klinedinst (University of Southern Mississippi)
[View Abstract]
Financing Workers’ Cooperatives
Daniel Fireside (Equal Exchange Cooperative)
Christopher Gunn (Hobart and William Smith Colleges)
[View Abstract]
The Multi-Anchor Model as a Co-operative Incubator: Achievements and Limitations of the Evergreen Model in Cleveland.
Julia Poznik (University of Missouri-Kansas City)
Ruchira Sen (University of Missouri-Kansas City)
Jonathan Ramse (University of Missouri-Kansas City)
[View Abstract]
On the Relative Absence of Worker Ownership/Management: A Taxonomy
Jonathan Jenner (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Discussants:
Al Campbell (University of Utah)
Ulla Garpard (Colgate University)

Jan 03, 2015 10:15 am, Westin Copley, St. George D
Agricultural & Applied Economics Association
The Nature and Importance of Commodity and Relational Good Exchanges (Q1)
Presiding: Scott Swinton (Michigan State University)
Commodity and Relational Good Exchanges and Commodification and Decommodification
Lindon Robison (Michigan State University)
Ken Frank (Michigan State University)
Jeffrey Oliver (Michigan State University)
[View Abstract]
The Hidden Cost of Regulation: Emotional Responses to Command and Control
David Just (Cornell University)
Andrew Hanks (Ohio State University)
[View Abstract] [Download Preview]
Selfishness and Social Capital Motives and Recycling Behavior
Satish Joshi (Michigan State University)
Shaun Jin (Michigan State University)
Lindon Robison (Michigan State University)
Richard Winder (Michigan State Bar Foundation)
Robert Shupp (Michigan State University)
[View Abstract] [Download Preview]
Discussants:
Norbert Wilson (Auburn University)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 206
American Economic Association
Buyer-Supplier Relationships in International Trade (F1, F6)
Presiding: James Tybout (Pennsylvania State University)
International Buyer-Seller Networks with Two-Sided Search
Jonathan Eaton (Brown University)
David Jinkins (Pennsylvania State University)
James Tybout (Pennsylvania State University)
Daniel Xu (Duke University)
[View Abstract]
Two-sided Heterogeneity and Trade
Andrew B. Bernard (Dartmouth College)
Andreas Moxnes (Dartmouth College)
Karen Helene Ulltveit-Moe (University of Oslo)
[View Abstract] [Download Preview]
Supervisory Management and Productivity Dispersion in the Bangladeshi Garment Sector
Rocco Macchiavello (University of Warwick)
Christopher Woodruff (University of Warwick)
[View Abstract]
Assortative Matching of Exporters and Importers
Yoichi Sugita (Stockholm School of Economics)
Kensuke Teshima (Instituto Tecnológico Autónomo de México (ITAM))
Enrique Seira (Instituto Tecnológico Autónomo de México (ITAM))
[View Abstract] [Download Preview]
Discussants:
Costas Arkolakis (Yale University)
Bernardo Blum (University of Toronto)
Amit Khandelwal (Columbia University)
James Rauch (University of California-San Diego)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 203
American Economic Association
Efficient Pricing in Health Care Markets (I1)
Presiding: Joseph Doyle (Massachusetts Institute of Technology)
Externalities and Taxation of Supplemental Insurance: A Study of Medicare and Medigap
Marika Cabral (University of Texas-Austin)
Neale Mahoney (University of Chicago)
[View Abstract] [Download Preview]
Paying for Quality in Healthcare
Joseph Doyle (Massachusetts Institute of Technology)
John Graves (Vanderbilt University)
Jonathan Gruber (Massachusetts Institute of Technology)
[View Abstract]
Paying on the Margin for Medical Care: Evidence from Breast Cancer Treatments
Liran Einav (Stanford University)
Amy Finkelstein (Massachusetts Institute of Technology)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Behavioral Hazard in Health Insurance
Katherine Baicker (Harvard University)
Sendhil Mullainathan (Harvard University)
Joshua Schwartzstein (Dartmouth College)
[View Abstract]
Discussants:
Joshua Gottlieb (University of British Columbia)
Amitabh Chandra (Harvard University)
Douglas Staiger (Dartmouth College)
Benjamin Handel (University of California-Berkeley)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 202
American Economic Association
Financial Architecture and Regulation (G2, L1)
Presiding: Robert Townsend (Massachusetts Institute of Technology)
Spatial Competition among Financial Service Providers and Optimal Contract Design
Robert Townsend (Massachusetts Institute of Technology)
Victor Zhorin (University of Chicago)
[View Abstract] [Download Preview]
Inefficient Financial Market Formation
Daron Acemoglu (Massachusetts Institute of Technology)
Asuman Ozdaglar (Massachusetts Institute of Technology)
Alireza Tahbaz-Salehi (Columbia University)
[View Abstract]
Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act
Victor Aguirregabiria (University of Toronto)
Robert Clark (HEC Montreal)
Hui Wang (Peking University)
[View Abstract] [Download Preview]
Welfare Consequences of Capital Requirements in a Simple Quantitative Model of Banking Industry Dynamics
Dean Corbae (University of Wisconsin-Madison)
Pablo D'Erasmo (University of Maryland)
[View Abstract]
Discussants:
Ariel Zetlin-Jones (Carnegie Mellon University)
Michael Gofman (University of Wisconsin-Madison)
Borghan Narajabad (Federal Reserve Board)
Saki Bigio (Columbia University)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 201
American Economic Association
Financial Frictions and the Macroeconomy (E3)
Presiding: Ayse Sapci (Colgate University)
Measuring De Facto Financial Openness: A New Index
Andreas Steiner (University of Osnabrueck)
[View Abstract]
Financial Markets, Industry Dynamics, and Growth
Raoul Minetti (Michigan State University)
Pietro Peretto (Duke University)
Maurizio Iacopetta (Sciences Po and Skema)
[View Abstract] [Download Preview]
Financial Shocks, Credit Regimes, and Global Spillovers
Norbert Metiu (Deutsche Bundesbank)
Michael Grill (European Central Bank)
Bjoern Hilberg (Deutsche Bundesbank)
[View Abstract] [Download Preview]
Banks, Capital Flows and Financial Crises
Ozge Akinci (Federal Reserve Board)
Albert Queralto (Federal Reserve Board)
[View Abstract] [Download Preview]
The Financing of Ideas and the Great Deviation
Daniel Garcia-Macia (Stanford University)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 208
American Economic Association
Growth and Trade (F1, O1)
Presiding: Stephen Redding (Princeton University)
Management Practices and International Trade: Firm-Level Evidence from China
Nicholas Bloom (Stanford University)
Kalina Manova (Stanford University)
John Van Reenen (London School of Economics)
Zhihong Yu (Nottingham University)
[View Abstract]
The Dynamics of Firm Capabilities
Stephen Redding (Princeton University)
Peter Schott (Yale University)
[View Abstract]
Sources of Firm Heterogeneity
Colin Hottman (Columbia University)
Stephen Redding (Princeton University)
David E. Weinstein (Columbia University)
[View Abstract] [Download Preview]
Impacts of Foreign Competition on Domestic Innovation: Evidence from United States Patents
David Autor (Massachusetts Institute of Technology)
David Dorn (CEMFI)
Gordon Hanson (University of California-San Diego)
Pian Shu (Harvard Business School)
Gary Pisano (Harvard Business School)
[View Abstract]

Jan 03, 2015 10:15 am, Sheraton Boston, Riverway
American Economic Association
Heterogeneous Externalities (Q5, H2)
Presiding: Christopher Knittel (Massachusetts Institute of Technology)
Step on It: Evidence on the Variation in On-Road Fuel Economy
Ashley Langer (University of Arizona)
Shaun McRae (University of Michigan)
[View Abstract] [Download Preview]
Location, location, location? \\What drives variation in the marginal benefits of renewable energy and demand-side efficiency
Duncan Callaway (University of California-Berkeley)
Meredith Fowlie (University of California-Berkeley)
Gavin McCormick (University of California-Berkeley)
[View Abstract] [Download Preview]
Measuring the Spatial Heterogeneity in Environmental Externalities from Driving: A Comparison of Gasoline and Electric Vehicles
Stephen Holland (University of North Carolina-Greensboro)
Erin Mansur (Dartmouth College)
Nicholas Z. Muller (Middlebury College)
Andrew Yates (University of North Carolina)
[View Abstract] [Download Preview]
The Implications of Heterogeneity for the Regulation of Energy-Consuming Durable Goods
Mark Jacobsen (University of California-San Diego)
Christopher Knittel (Massachusetts Institute of Technology)
James Sallee (University of Chicago)
Arthur van Benthem (University of Pennsylvania)
[View Abstract] [Download Preview]
Discussants:
Joseph S. Shapiro (Yale University)
Ryan Kellogg (University of Michigan)
Don Fullerton (University of Illinois-Urbana‑Champaign)
Steve Cicala (University of Chicago)

Jan 03, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
High Stakes Energy and Environmental Problems in Developing Countries (Q4, Q5)
Presiding: Michael Greenstone (University of Chicago)
Growth, Pollution, and Life Expectancy: China from 1991-2012
Avraham Ebenstein (Hebrew University of Jerusalem)
Maoyong Fan (Ball State University)
Michael Greenstone (University of Chicago)
Guojun He (Hong Kong University of Science and Technology)
Maigeng Zhou (Chinese Center for Disease Control and Prevention)
Impacts of Climate Change on Low-Lying and Flood-Prone Areas: The Case of Bangladesh
Raymond Guiteras (University of Maryland)
Amir Jina (University of Chicago)
Ahmed Mushfiq Mobarak (Yale University)
Pre-Paid Metering and Electricity Access in the Developing World
B. Kelsey Jack (Tufts University)
Grant Smith (University of Cape Town)
Moving up the Energy Ladder: The Effect of an Increase in Economic Well-Being on the Fuel Consumption Choices of the Poor in India
Rema Hanna (Harvard University)
Paulina Oliva (University of California-Santa Barbara)
[View Abstract]

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 204
American Economic Association
Housing Finance (D1, G2)
Presiding: Luigi Guiso (Ente Luigi Einaudi)
The Effectiveness of Mandatory Mortgage Counseling: Can One Dissuade Borrowers from Choosing Risky Mortgages?
Sumit Agarwal (National University of Singapore)
Eugene Amromin (Federal Reserve Bank of Chicago)
Itzhak Ben-David (Ohio State University)
Souphala Chomsisengphet (Office of the Comptroller of the Currency)
Douglas Darrell Evanoff (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]
The Supply Side of Housing Finance
Gabriele Foà (Yale University)
Leonardo Gambacorta (Bank for International Settlements)
Luigi Guiso (Ente Luigi Einaudi)
Paolo Emilio Mistrulli (Bank of Italy)
[View Abstract] [Download Preview]
Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market
Steffen Andersen (Copenhagen Business School)
John Campbell (Harvard University)
Kasper Meisner Nielsen (Hong Kong University of Science and Technology)
Tarun Ramadorai (University of Oxford)
[View Abstract] [Download Preview]
Mortgage Rates, Household Balance Sheets, and the Real Economy
Benjamin Keys (University of Chicago)
Tomasz Piskorski (Columbia University)
Amit Seru (University of Chicago)
Vincent W. Yao (Fannie Mae)
[View Abstract] [Download Preview]
Discussants:
Brigitte C. Madrian (Harvard University)
Umit Gurun (University of Texas-Dallas)
Xavier Gabaix (New York University)
Karen Pence (Federal Reserve Board)

Jan 03, 2015 10:15 am, Sheraton Boston, The Fens
American Economic Association
Information Disclosure in Financial Markets (G1, E5)
Presiding: Gary Gorton (Yale University and NBER)
Runs versus Lemons: Information Disclosure, Fiscal Capacity and Financial Stability
Miguel de Faria e Castro (New York University)
Joseba Martinez (New York University)
Thomas Philippon (New York University and NBER)
[View Abstract] [Download Preview]
Mandatory Disclosure and Financial Contagion
Fernando Alvarez (University of Chicago and NBER)
Gadi Barlevy (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]
Government Intervention and Information Aggregation by Prices
Philip Bond (University of Washington)
Itay Goldstein (University of Pennsylvania)
[View Abstract] [Download Preview]
How Central Banks End Crises
Gary Gorton (Yale University and NBER)
Guillermo Ordonez (University of Pennsylvania and NBER)
[View Abstract] [Download Preview]
Discussants:
Guido Lorenzoni (Northwestern University and NBER)
Bengt Holmstrom (Massachusetts Institute of Technology and NBER)
Laura Veldkamp (New York University and NBER)
Mark Gertler (New York University and NBER)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 209
American Economic Association
Political Economy (D8)
Presiding: Mark Crain (Lafayette College)
Do Politicians Change Public Attitudes?
Dan-Olof Rooth (Linnaeus University)
Gordon Dahl (University of California-San Diego)
Magnus Carlsson (Linnaeus University)
[View Abstract] [Download Preview]
The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries
Thomas Lambert (UC Louvain)
Hans Degryse (KU Leuven and CEPR)
Armin Schwienbacher (Université Lille Nord de France - SKEMA)
[View Abstract] [Download Preview]
Why Culture Matters Most
David C. Rose (University of Missouri-St. Louis)
[View Abstract] [Download Preview]
How Social Networks Shape Our Values? A Natural Experiment among Future French Politicians
Yann Algan (Sciences Po)
Quoc-Anh Do (Sciences Po)
Alexis Le Chapelain (Sciences Po)
[View Abstract]
From Green Users to Green Voters
Diego Comin (Harvard University)
Johannes Rode (Technische Universität Darmstadt)
[View Abstract]

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon B
American Economic Association
Productivity (O1)
Presiding: Shawn Sprague (Bureau of Labor Statistics)
Misallocation, Establishment Size, and Productivity
Pedro Bento (West Virginia University)
Diego Restuccia (University of Toronto)
[View Abstract] [Download Preview]
Crowdsourced Digital Goods and Firm Productivity: Evidence from Open Source Software
Frank Nagle (Harvard Business School)
[View Abstract] [Download Preview]
Harris-Todaro Meets Roy: Employment Risk, Selection, and Productivity Differences
Wenbiao Cai (University of Winnipeg)
[View Abstract] [Download Preview]
Good Firms, Worker Flows and Local Productivity
Michel Serafinelli (University of Toronto)
[View Abstract] [Download Preview]
How Organizational Hierarchy Affects Information Production
Janis Skrastins (London Business School)
Vikrant Vig (London Business School)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
Reflections on New Growth Theory (O4)
Presiding: Charles I. Jones (Stanford University)
Human Capital and Growth
Robert Lucas, Jr. (University of Chicago)
Mathiness in Economic Theories of Growth (Revised Title)
Paul Romer (New York University)
[View Abstract]
Lessons from Schumpeterian Growth Theory
Philippe Aghion (Harvard University)
Ufuk Akcigit (University of Pennsylvania)
Peter Howitt (Brown University)
[Download Preview]
Globalization and Growth
Gene Grossman (Princeton University)
Elhanan Helpman (Harvard University)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
Talking the Talk: Communicating Economics to a Broader Audience (A1, Y1) (Panel Discussion)
Panel Moderator: Donald Marron (Urban Institute)
Jonathan Schwabish (Congressional Budget Office) How Economists Can Present Data and Graphics Effectively
Amanda Cox (New York Times) Using Data to Tell Stories at the New York Times
Jim Tankersley (Washington Post) Combining Data and Narratives at the Washington Post
Justin Wolfers (University of Michigan and Brookings Institution) Using Social Media to Distribute Economic Research

Jan 03, 2015 10:15 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
The Economics Major and Economics Education Research - The Past 20 Years, Panel Discussion (A2) (Panel Discussion)
Panel Moderator: Wendy Stock (Montana State University)
Sam Allgood (University of Nebraska-Lincoln)
John Siegfried (Vanderbilt University)
William Walstad (University of Nebraska-Lincoln)

Jan 03, 2015 10:15 am, Sheraton Boston, Independence Ballroom
American Economic Association
The Undismal Science (A1)
Presiding: Richard Thaler (University of Chicago)
Tackling Temptation
Katherine L. Milkman (University of Pennsylvania)
Design and Effectiveness of Public Health Subsidies in Poor Countries
Pascaline Dupas (Stanford University)
Racial Inequality in the 21st Century: The Declining Significance of Discrimination
Roland Fryer (Harvard University)
The Micro of Macro
Amir Sufi (University of Chicago)

Jan 03, 2015 10:15 am, Hynes Convention Center, Room 207
American Economic Association
Thriving Through Balance (H8, Z1)
Presiding: Robert A. Johnson (Institute for New Economic Thinking)
Striving for Balance: Inequality and Consumption
Joseph E. Stiglitz (Columbia University)
[View Abstract]
Achieving the Right Balance: The Optimal Mix of Economic and Social Motivations
George Akerlof (University of California-Berkeley)
[View Abstract]
Cooperation, Motivation and Reflexive Social Balance
Dennis James Snower (Kiel Institute for the World Economy)
Tania Singer (Max Planck Institute)
Steven Bosworth (Kiel Institute)
[View Abstract]
Public Self and Private Self: The Virtuous Balance
Herbert Gintis (Santa Fe Institute)
[View Abstract] [Download Preview]
Discussants:
Steven Bosworth (Kiel Institute for the World Economy)
William Dickens (Brookings Institution)
George Akerlof (University of California-Berkeley)
John Roemer (Yale University)

Jan 03, 2015 10:15 am, Sheraton Boston, Republic Ballroom Foyer
American Economic Association
Topics in Macroeconomics (E1) (Poster Session)
Presiding: Edward Gamber (Lafayette College)
Does Deflation Threaten the Global Economy?
Azhar Iqbal (Wells Fargo)
John E. Silvia (Wells Fargo)
[Download Preview]
On the Stability of Calvo-Style Price-Setting Behavior
Margarita Zabelina (Emory University)
Stéphane Lhuissier (Panthéon-Sorbonne University)
[Download Preview]
News Shocks and Business Cycles: Bridging the Gap from Different Methodologies
Christoph Gortz (University of Birmingham)
John Tsoukalas (University of Glasgow)
Business Cycle Dynamics under Sticky Information
Fabio Verona (Bank of Finland)
[Download Preview]
Countercyclical Unemployment Benefits under Incomplete Markets
Michael Horvath (University of Oxford)
Charles Nolan (University of Glasgow)
Corporate hedging, regime changes, and credit supply
Matthias Pelster (TU Dortmund University)
The Role of Consumer Leverage in Financial Crises
Dilyana Dimova (Oxford University and International Monetary Fund)
[Download Preview]
Credit Contractions and Unemployment
Mihaly Tamas Borsi (Universidad de Alicante)
[Download Preview]
Regime-Switching Perturbation for Non-Linear Equilibrium Models
Nelson Lind (University of California-San Diego)
[Download Preview]
Raising the Inflation Target to Manoeuvre the Zero Lower Bound: The Role of Fiscal Policy
Raju Huidrom (University of Virginia)
[Download Preview]
Can Internet Search Behavior Help to Forecast the Macro Economy?
Taoxiong Liu (Tsinghua University)
Bin Xu (Tsinghua University)
[Download Preview]
Government Spending, Entry and the Consumption Crowding-In Puzzle
Vivien Lewis (KU Leuven)
Roland Winkler (TU Dortmund University)
[Download Preview]
Technological Revolutions and the Three Great Slumps: A Medium-Run Analysis
Dan Cao (Georgetown University)
Jean-Paul L'Huillier (EIEF)
[Download Preview]
Learning About the Permanence of Shocks and Asset Pricing Puzzles
Daniel Louis Tortorice (Brandeis University)
[Download Preview]
Learning, Unlearning, and Relearning Keynes
Fabio Milani (University of California-Irvine)
Mario Silva (University of California-Irvine)
The Welfare Cost of Real Volatility: A Comparative Analysis
Rafael Lopez-Monti (George Washington University)
Forecasting in a DSGE Model with Banking Intermediation: Evidence from United States
Alessia Paccagnini (Università degli Studi di Milano-Bicocca)
Roberta Cardani (Università degli Studi di Milano-Bicocca)
Stefania Villa (University of Foggia and KU Leuven)
[Download Preview]
Rational Bias in Inflation Expectations
Robert G. Murphy (Boston College)
Adam Rohde (Charles River Associates)
[Download Preview]
What Explains Japan's Persistent Deflation?
Carlos Carvalho (Pontifical Catholic University-Rio)
Andrea Ferrero (University of Oxford)
[Download Preview]
Job Polarization and Structural Change
Zsofia Luca Barany (Sciences Po)
Christian Siegel (University of Exeter)
[Download Preview]

Jan 03, 2015 10:15 am, Sheraton Boston, Commonwealth
American Economic Association
Twenty Years of Present Bias (D1, D9)
Presiding: Ted O'Donoghue (Cornell University)
Present Bias and Paternalism
David Laibson (Harvard University)
Present Bias: Lessons Learned, and To Be Learned
Ted O'Donoghue (Cornell University)
Matthew Rabin (Harvard University)
Judging Experimental Evidence on Dynamic Inconsistency
Charles Sprenger (Stanford University)
Discussants:
Nava Ashraf (Harvard Business School)
Daniel Benjamin (Cornell University)

Jan 03, 2015 10:15 am, Sheraton Boston, Public Garden
American Economic Association
Unions and the Labor Market (J5, J2)
Presiding: David Card (University of California-Berkeley)
Who Do Unions Target? Unionization over the Life-Cycle of United States Businesses
Emin Dinlersoz (U.S. Census Bureau)
Jeremy Greenwood (University of Pennsylvania)
Henry Hyatt (U.S. Census Bureau)
[View Abstract]
The Surprising Impacts of Unionization on Establishments: Accounting for Selection in Close Union Representation Elections
Brigham Frandsen (Brigham Young University)
[View Abstract] [Download Preview]
Union Organizing Decisions in a Deteriorating Environment: The Composition of Representation Elections
Henry S. Farber (Princeton University)
[View Abstract] [Download Preview]
Unions in a Frictional Labor Market
Per Krusell (Stockholm University)
Leena Rudanko (Federal Reserve Bank of Philadelphia)
[View Abstract]
Discussants:
Mathieu Taschereau-Dumouchel (University of Pennsylvania)
Suresh Naidu (Columbia University)
Richard B. Freeman (Harvard University)
Baris Kaymak (Université de Montréal)

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon A
American Economic Association
Wage Rigidities and Equilibrium Unemployment (J6)
Presiding: David Garman (Tufts University)
The Declining Labor Income Share: The View from the States
Owen Zidar (University of California-Berkeley)
Daniel Wilson (Federal Reserve Bank of San Francisco)
Robert Chirinko (University of Illinois-Chicago and CESifo)
[View Abstract]
Unemployment Crises
Nicolas Petrosky-Nadeau (Carnegie Mellon University)
Lu Zhang (Ohio State University)
[View Abstract] [Download Preview]
Wage Rigidity and Labor Market Dynamics with Sorting
Bastian Schulz (Ifo Institute-Munich)
[View Abstract] [Download Preview]
Wage Rigidity: A Quantitative Solution to Several Asset Pricing Puzzles
Jack Favilukis (University of British Columbia)
Xiaoji Lin (Ohio State University)
[View Abstract] [Download Preview]
Worker Churning and Wage Rigidity during the Financial Crisis: The Role of Firm Quality
Mario Centeno (Banco de Portugal)
Alvaro Novo (Banco de Portugal)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Westin Copley, America Center
American Finance Association
CEO Incentives and Compensation (G3)
Presiding: Paul Povel (University of Houston)
CEOs and the Product Market: When are Powerful CEOs Beneficial?
Minwen Li (Tsinghua University)
Yao Lu (Tsinghua University)
Gordon Phillips (University of Southern California)
[View Abstract] [Download Preview]
Out-of-the-Money CEOs: Inferring Private Control Premium from CEO Option Exercise
Vyacheslav Fos (University of Illinois-Urbana-Champaign)
Wei Jiang (Columbia University)
[View Abstract] [Download Preview]
Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Value around the World
Ricardo Correa (Federal Reserve Board)
Ugur Lel (Virginia Tech)
[View Abstract] [Download Preview]
Relative Performance Evaluation in CEO Compensation: A Non-Agency Explanation
David De Angelis (Rice University)
Yaniv Grinstein (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Alex Edmans (University of Pennsylvania)
Dirk Jenter (Stanford University)
Kenneth Ahern (University of Southern California)
Michael Faulkender (University of Maryland)

Jan 03, 2015 10:15 am, Westin Copley, Essex North
American Finance Association
Credit Ratings and Credit Risk (G2)
Presiding: Bo Becker (Stockholm School of Economics)
Does It Matter Who Owns Moody's?
Xing Zhou (Rutgers University)
Simi Kedia (Rutgers University)
Shivaram Rajgopal (Emory University)
[View Abstract] [Download Preview]
Did Government Regulations Lower Credit Rating Quality?
Patrick Behr (Getulio Vargas Foundation)
Darren Kisgen (Boston College)
Jerome Taillard (Boston College)
[View Abstract] [Download Preview]
The Quality of Expertise
Edward Van Wesep (Vanderbilt University)
[View Abstract]
Do Bond Investors Price Tail Risk Exposures of Financial Institutions?
Sudheer Chava (Georgia Institute of Technology)
Rohan Gandhuri (Georgia Institute of Technology)
Vijay Yerramili (University of Houston)
[View Abstract] [Download Preview]
Discussants:
Todd Gormley (University of Pennsylvania)
Marcus M. Opp (University of California-Berkeley)
Luigi Zingales (University of Chicago)
Bryan Kelly (University of Chicago)

Jan 03, 2015 10:15 am, Westin Copley, America South
American Finance Association
Finance and Climate Risk (AFA Panel) (G1) (Panel Discussion)
Panel Moderator: Kent Daniel (Columbia University)
Kent Daniel (Columbia University)
Robert Barro (Harvard University)
Rajnish Mehra (Arizona State University)
Lars Hansen (University of Chicago)
Robert Litterman (Kepos Capital)

Jan 03, 2015 10:15 am, Westin Copley, America North
American Finance Association
Macro Asset Pricing (G2)
Presiding: Lorenzo Garlappi (University of British Columbia)
Index Option Returns and Generalized Entropy Bounds
Yan Liu (Duke University)
[View Abstract] [Download Preview]
Assessing Asset Pricing Models Using Revealed Preferences
Jonathan Berk (Stanford University)
Jules van Binsbergen (Stanford University)
[View Abstract] [Download Preview]
Mutual Fund Competition, Managerial Skill and Alpha Persistence
Gerard Hoberg (University of Southern California)
Nitin Kumar (Indian School of Business)
Nagpurnanand Prabhala (University of Maryland)
[View Abstract] [Download Preview]
The Booms and Busts of Beta Arbitrage
Shiyang Huang (London School of Economics)
Dong Lou (London School of Economics)
Christopher Polk (London School of Economics)
[View Abstract] [Download Preview]
Discussants:
Ravi Jagannathan (Northwestern University)
Sheridan Titman (University of Texas-Austin)
Tobias Moskowitz (University of Chicago)
Jessica Wachter (University of Pennsylvania)

Jan 03, 2015 10:15 am, Westin Copley, Essex Center
American Finance Association
Mergers (G3)
Presiding: Matthew Rhodes-Kropf (Harvard Business School)
Currency Appreciation Shocks and Shareholder Wealth Creation in Cross-Border Mergers and Acquisitions
Chen Lin (University of Hong Kong)
Micah Officer (Loyola Marymount University)
Beibei Shen (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
The Bonding Hypothesis of Takeover Defenses: Evidence from IPO Firms
Jonathan Karpoff (University of Washington)
William Johnson (Suffolk University)
Sangho Yi (Sogang University)
[View Abstract] [Download Preview]
Entry and Competition in Takeover Auctions
Matthew Gentry (London School of Economics)
Caleb Stroup (Grinnell College)
[View Abstract] [Download Preview]
Discussants:
Andrey Malenko (Massachusetts Institute of Technology)
Isil Erel Koksal (Ohio State University)
Dalida Kadyrzhanova (University of Maryland)

Jan 03, 2015 10:15 am, Westin Copley, Essex South
American Finance Association
Monetary Policy and Financial Markets (G2)
Presiding: Arvind Krishnamurthy (Stanford University)
High Frequency Identification of Monetary Non-Neutrality
Emi Nakamura (Columbia University)
Jon Steinsson (Columbia University)
[View Abstract] [Download Preview]
A Model of Monetary Policy and Risk Premia
Itamar Drechsler (New York University)
Alexi Savov (New York University)
Philipp Schnabl (New York University)
[View Abstract] [Download Preview]
Expecting the Fed
Anna Cieslak (Northwestern University)
Pavol Povala (University of London-Birkbeck)
[View Abstract] [Download Preview]
Resolving the Spanning Puzzle in Macro-Finance Term Structure Models
Michael Bauer (Federal Reserve Bank of San Francisco)
Glenn Rudebusch (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Discussants:
Eric Swanson (Federal Reserve Bank of San Francisco and University of California-Irvine)
Stefan Nagel (University of Michigan)
Yuriy Gorodnichenko (University of California-Berkeley)
Anh Le (University of North Carolina)

Jan 03, 2015 10:15 am, Westin Copley, Defender
American Real Estate & Urban Economic Association
Innovations to the Hedonic Model (R2, R1)
Presiding: Maisy Wong (University of Pennsylvania)
What’s in a Loan Yield? The Construction of a Hedonic Index of Yields for Commercial Real Estate Mortgages
Serguei Chervachidze (CBRE Econometric Advisors)
Mark Gallagher (CBRE Econometric Advisors)
William Wheaton (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Estimating Hedonic Equilibrium for Metropolitan Housing Markets with Multiple Household Types
Luis E. Quintero (Carnegie Mellon University)
[View Abstract]
How Sensitive are Sales Prices to Online Price Estimates in the Real Estate Market?
Yong Suk Lee (Stanford University)
Yuya Sasaki (Johns Hopkins University)
[View Abstract]
Incorporating Dynamic Behavior into the Hedonic Model
Alvin Murphy (Arizona State University)
Kelly Bishop (Arizona State University)
[View Abstract]
Discussants:
Jaren Pope (Brigham Young University)
Nicolai Kuminoff (Arizona State University)
Daniel Fetter (Wellesley College)
Christopher Palmer (University of California-Berkeley)

Jan 03, 2015 10:15 am, Westin Copley, Empire
American Real Estate & Urban Economic Association
Labor Productivity in Cities (R1, J2)
Presiding: Jeffrey Lin (Federal Reserve Bank of Philadelphia)
Rural-Urban Migration, Structural Change, and Housing Markets in China
Ping Wang (Washington University-St. Louis)
Carlos Garriga (Federal Reserve Bank of St. Louis)
Yang Tang (Nanyang Technological University)
[View Abstract] [Download Preview]
Heterogeneous Returns to Knowledge Exchange: Evidence from the Urban Wage Premium
Christopher Cunningham (Federal Reserve Bank of Atlanta)
Michaela Patton (University of Alabama)
Robert Reed (University of Alabama)
[View Abstract] [Download Preview]
House Price and Population Composition of Cities: Testing Models Using the Location of Hispanic Workers
Daniel Broxterman (George Washington University)
[View Abstract] [Download Preview]
Emergent Superstar Cities
Bochao Zhang (National University of Singapore)
Yuming Fu (National University of Singapore)
[View Abstract] [Download Preview]
Discussants:
Wenli Li (Federal Reserve Bank of Philadelphia)
Matthew Freedman (Drexel University)
Kyle Mangum (Georgia State University)
Sanghoon Lee (University of British Columbia)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Maine
American Risk & Insurance Association/American Economic Association
Topics in Risk and Economics (D8, G2)
Presiding: David Cummins (Temple University)
What Drives Tort Reform Legislation? Economics and Politics of the State Decisions to Restrict Liability Torts
Yiling Deng (Georgia State University)
George Zanjani (Georgia State University)
[View Abstract] [Download Preview]
Life Cycle Patterns in the Design and Adoption of Default Funds in D.C. Pension Plans
Joachim Inkmann (University of Melbourne)
Zhen Shi (University of Melbourne)
[View Abstract] [Download Preview]
Adverse Selection in Secondary Insurance Markets: Evidence from the Life Settlement Market
Daniel Bauer (Georgia State University)
Jochen Russ (Ulm University)
Nan Zhu (Illinois State University)
[View Abstract] [Download Preview]
Accounting and Actuarial Smoothing of Retirement Payouts in Participating Life Annuities
Raimond Maurer (Goethe University Frankfurt)
Olivia Mitchell (University of Pennsylvania)
Ralph Rogalla (Goethe University Frankfurt)
Ivonne Siegelin (Goethe University Frankfurt)
[View Abstract] [Download Preview]
CEO Overconfidence, Corporate Governance, and the Demand for Directors and Officers Insurance
Jeffrey Boles (Temple University)
Yevgeniy Davydov (Temple University)
Jacqueline Volkman-Wise (Temple University)
[View Abstract] [Download Preview]
Discussants:
J. Tyler Leverty (University of Wisconsin-Madison)
George Vachadze (City University of New York)
Martin Boyer (HEC Montreal)
Joachim Inkmann (University of Melbourne)
Richard J Butler (Brigham Young University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Comparative Economic Institutions: Households, Firms, and Governments (P5, O1) (Poster Session)
Presiding: Dennis Yang (University of Virginia)
Growing Unequal: Why Do Bigger Cities Have Higher Income Disparity in China?
Binkai Chen (Central University of Finance and Economics)
Dan Liu (Shanghai University of Finance and Economics)
Ming Lu (Shanghai Jiao Tong University)
Exports and Capacity Constraints – A Smooth Transition Regression Model for Six Euro Area Countries
Ansgar Belke (University of Duisburg-Essen)
Anne Oeking (University of Duisburg-Essen)
Ralph Setzer (European Central Bank)
[Download Preview]
Sources of Productivity Growth in Eastern Europe and Russia after Transition
Ilya B. Voskoboynikov (Higher School of Economics Moscow)
[Download Preview]
The Effect of Public Pension Wealth on Saving and Expenditure: Evidence from Poland's 1999 Pension Reform
Marta Lachowska (W.E. Upjohn Institute and Stockholm University)
Michal Myck (Centre for Economic Analysis)
Globalization and the Environmental Spillovers of Sectoral FDI
Nadia Doytch (City University of New York-Brooklyn College and Asian Institute of Management )
Merih Uctum (Brooklyn College)
[Download Preview]
Portfolio Choice Model with Borrowing: An Analytical Analysis
Nick Lei Guo (University of Wisconsin-Whitewater)
Value Added in Import Competition and United States Labor Markets: Does China Really Matter?
Leilei Shen (Kansas State University)
Peri da Silva (Kansas State University)
Giving across Borders: Philanthropy or Business as Usual?
Abigail S. Hornstein (Wesleyan University)
Minyuan Zhao (University of Michigan)
Public Childcare Provision and Female Labor Market Participation: The Case of Georgia
Maka Chitanava (Tbilisi State University)
Norberto Pignatti (Tbilisi State University)
Firm-level Human Capital and Innovation: Evidence From China
Xiuli Sun (Georgia Institute of Technology)
Haizheng Li (Georgia Institute of Technology)
[Download Preview]
China's Growth and Productivity Performance Debate Revisited
Harry X. Wu (Hitotsubashi University)
[Download Preview]
Does Democracy Change the Environmental Kuznets Curve? Evidence from Air Visibility
Jia Yuan (University of Macau)
International Trade and Economic Catch-Up
Guglielmo Maria Caporale (Brunel University)
Christophe Rault (University of Orléans)
Robert Sova (Sorbonne University)
[Download Preview]
Migration and the Informal Sector
Ilhom Abdulloev (Open Society Institute Assistance Foundation)
Melanie Khamis (Wesleyan University)
Ira N. Gang (Rutgers University)
John Landon‐Lane (Rutgers University)
The Effect of Bank Mergers on Client Firm Value and Bank-Firm Relationships
Heather Montgomery (International Christian University)
Yuki Takahashi (State University of New York)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics/Union for Radical Political Economics
Class and the Social Provisioning Process (B5)
Presiding: John F. Henry (University of Missouri-Kansas City)
Payday Lending on the Prairie: Deregulation, Predation, and a Potential Populist Response
Reynold F. Nesiba (Augustana College)
Lauren Thompson (Augustana College)
[View Abstract]
Role of Economic Class in Understanding Social Provisioning Process in Post-Soviet Transition: The Case of the Ukraine
Anna Klimina (University of Saskatchewan)
[View Abstract]
Commodification of Waste: LDC's, Global Capitalism, Polanyi and Marx
Tara Natarajan (Saint Michael's College)
[View Abstract]
Social Classes and Social Agency in the Heterodox Approaches to the Social Provisioning Process
Tae-Hee Jo (State University of New York-Buffalo State)
[View Abstract]
Economic and Social Class in Theorizing Unpaid Household Activities under Capitalism
Zdravka Todorova (Wright State University)
[View Abstract]
Discussants:
David Kotz (University of Massachusetts-Amherst)
Shaianne Osterreich (Ithaca College)
Julie Matthaei (Wellesley College)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Motivations and Ethics in Global Markets (B4, O1)
Presiding: Mark D. White (College of Staten Island)
The Micro-Foundations of a Modest Proposal to Eat the Unemployed
Kevin W. Capehart (American University of Paris)
[View Abstract]
Achieving Fair Trade through a Social Tariff Regime: A Policy Thought Experiment
Kate Watkins (Cornell University)
George DeMartino (University of Denver)
[View Abstract]
Women and Social Entrepreneurship in India and China
Tonia Warnecke (Rollins College)
[View Abstract]
Understanding the Financial Incentives for Microfinance Lending
Josie Chen (Brown University)
Louis Putterman (Brown University)
[View Abstract]
Integrating Human Capital with Human Development: Toward a Broader and More Human Conception of Human Capital
John Tomer (Manhattan College)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon D
Association for the Study of Generosity in Economics
Altruism and Religiosity (H4, D6)
Presiding: Daniel Hungerman (University of Notre Dame)
Developing Hope: The Impact of International Child Sponsorship on Self-Esteem and Aspirations
Paul Glewwe (University of Minnesota)
Phillip H. Ross (Boston University)
Bruce Wydick (University of San Francisco)
[View Abstract] [Download Preview]
Holier Than Thou? Social Motivations for Religious Giving
James Andreoni (University of California-San Diego)
Marta Maras (Bocconi University)
Matt Goldman (University of California-San Diego)
[View Abstract]
Religious Participation and Pro-Social Behavior: Lessons from an Event-Study Analysis of the U.S. Catholic-Clergy Scandals
Nico Bottan (University of Illinois)
Ricardo Pérez-Truglia (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Rebecca Thornton (University of Michigan)
Sarah Smith (University of Bristol)
Angela Dills (Providence College)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Massachusetts
Association of Christian Economists
The Economy of Ancient Israel (N9)
Presiding: John Lunn (Hope College)
Rational Peasant Strategy in Biblical Israel: Reconciling Theory with Archaeological Evidence
Albino Barrera (Providence College)
[View Abstract]
Defending or Depriving the Rights of the Poor? Opportunism, Economic Justice, and the Civil Authority in Pre-Exilic Israel
Edd Noell (Westmont College)
[View Abstract]
Husband, Wife, Parent, Child, Master, Slave: The Economic Context of the New Testament Household Codes
Kurt Schaefer (Calvin College)
[View Abstract] [Download Preview]
Markets and Prophets: An Examination of the Silver Hypothesis
John Lunn (Hope College)
Barry Bandstra (Hope College)
[View Abstract]
Discussants:
Victor Claar (Henderson State University)
Douglas W. Allen (Simon Fraser University)

Jan 03, 2015 10:15 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Energy: Renewables, Electricity Usage and the Energy Efficiency Gap (Q4, L9)
Presiding: Kenneth Gillingham (Yale University)
Effectiveness of Capacity-Dependent Rooftop Solar Subsidies: Lessons from California
Evan Rogers (North Carolina State University)
[View Abstract] [Download Preview]
Empowering Consumers through Smart Technology: Experimental Evidence on the Consequences of Time-of-Use Electricity Pricing
Matthew Harding (Duke University)
Carlos Lamarche (University of Kentucky)
[View Abstract]
Does Information Provision Shrink the Energy Efficiency Gap? A Cross-­City Comparison of Energy Benchmarking and Disclosure Laws
Margaret Walls (Resources for the Future)
Matthew Leisten (Northwestern University)
Karen Palmer (Resources for the Future)
[View Abstract]
Prices versus Nudges: A Large Field Experiment on Energy Efficiency Fixed Cost Investments
Scott Holladay (University of Tennessee)
Jacob Lariviere (University of Tennessee)
David Novgorodsky (University of Chicago)
Michael Price (Georgia State University)
[View Abstract] [Download Preview]
Discussants:
Kenneth Gillingham (Yale University)
Koichiro Ito (Boston University)
Nils Kok (Maastricht University)
Dmitry Taubinsky (Harvard University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Harvard
Chinese Economic Association in North America/American Economic Association
Exchange Rates, Trade and the Chinese Economy (F1, F3)
Presiding: Larry Qiu (University of Hong Kong)
An Anatomy of Welfare Effects of Trade Liberalization: the Case of China's Entry to WTO
Wen-Tai Hsu (Singapore Management University)
Yi Lu (National University of Singapore)
Guiying Laura Wu (Nanyang Technological University)
[View Abstract]
The Structural Behavior of China-US Trade Flows
Yin-Wong Cheung (City University of Hong Kong)
Menzie D. Chinn (University of Wisconsin-Madison)
Xingwang Qian (State University of New York-Buffalo State)
[View Abstract] [Download Preview]
A Model of Real Exchange Rate for Transition Economies
Jiandong Ju (University of Oklahoma and Tsinghua University)
Justin Yifu Lin (Peking University)
Qing Liu (Tsinghua University)
Kang Shi (Chinese University of Hong Kong)
[View Abstract]
What Affects Trade Disputes
Tan Li (University of Hong Kong)
Larry Qiu (University of Hong Kong)
[View Abstract] [Download Preview]
Discussants:
Liugang Sheng (Chinese University of Hong Kong)
Qing Liu (TsingHua University)
Kanda Naknoi (University of Connecticut)
Tsz-Nga Wong (Bank of Canada)

Jan 03, 2015 10:15 am, Sheraton Boston, Clarendon Room
Cliometrics Society
Occupations and Mobility over Time and Distance (N3)
Presiding: Laura Salisbury (York University)
The lasting impact of grandfathers: Class, occupational status, and earnings over three generations (Sweden 1815-2010)
Jonas Helgertz (Lund University)
Martin Dribe (Lund University)
[View Abstract] [Download Preview]
Early-Life Disease Exposure and Occupational Status: The Impact of Yellow Fever during the 19th Century
Martin Saavedra (Oberlin College)
[View Abstract] [Download Preview]
Migrant Self-Selection: Anthropometric Evidence from the Mass Migration of Italians to the United States, 1907—1925
Ariell Zimran (Northwestern University)
Yannay Spitzer (Brown University)
[View Abstract] [Download Preview]
Geographic Determinants of Intergenerational Mobility
Jorgen Modalsli (Statistics Norway)
[View Abstract] [Download Preview]
Discussants:
Laura Salisbury (York University)
Greg Niemesh (Miami University of Ohio)
Taylor Jaworski (Queen's University)
Steven Nafziger (Williams College)

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon G
Econometric Society
Assessing Unconventional Monetary Policies in the United States, Europe and Japan (E5)
Presiding: Athanasios Orphanides (Massachusetts Institute of Technology)
Macroeconomic Effects of the Federal Reserve's Unconventional Monetary Policies
Eric Engen (Federal Reserve Board)
Thomas Laubach (Federal Reserve Board)
David Reifschneider (Federal Reserve Board)
[View Abstract] [Download Preview]
A Non-Standard Monetary Policy Shock: The ECB's 3-Year LTROs and the Shift in Credit Supply
Roberto A. De Santis (European Central Bank)
Darracq Paries (European Central Bank)
[View Abstract] [Download Preview]
Can the Provision of Long-Term Liquidity Help to Avoid a Credit Crunch? Evidence from the Eurosystem's LTROs.
Philippe Andrade (Banque de France)
Christophe Cahn (Banque de France)
Henri Fraisse (Banque de France)
Jean-Stephane Mesonnier (Banque de France)
[View Abstract] [Download Preview]
Exiting from QE
Fumio Hayashi (University of Tokyo)
Junko Koeda (University of Tokyo)
[View Abstract] [Download Preview]
Discussants:
Refet Gurkaynak (Bilkent University)
Juan Rubio-Ramirez (Duke University)
James Vickery (Federal Reserve Bank of New York)
Frank Smets (European Central Bank)

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon H
Econometric Society
Choice Theory (D8)
Presiding: Marciano Siniscalchi (Northwestern University)
Confidence Models of Incomplete Preferences
Morgan McClellon (Harvard University)
[View Abstract]
Coarse, Efficient Decision-Making
Michael Mandler (University of London)
[View Abstract]
Random Serial Dictatorship: The One and Only
Sophie Bade (University of London)
[View Abstract] [Download Preview]
Optimal Stopping and Stochastic Choice
Drew Fudenberg (Harvard University)
Philipp Strack (Microsoft Research New England)
Tomasz Strzalecki (Harvard University)
[View Abstract]

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon F
Econometric Society
Conflict and Development (O1)
Presiding: David Yanagizawa-Drott (Harvard University)
Reconciliation, Conflict and Development: Evidence from Sierra Leone
Jacobus Cilliers (University of Oxford)
Oeindrila Dube (New York University)
Bilal Siddiqi (World Bank)
[View Abstract]
The Legacy of Political Mass Killings: Evidence from the Rwandan Genocide
David Yanagizawa-Drott (Harvard University)
[View Abstract]
Path Dependence in Development
Melissa Dell (Harvard University)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon D
Econometric Society
High Frequency Financial Econometrics I (C5)
Presiding: Jia Li (Duke University)
Nonparametric Test for a Constant Beta over a Fixed Time Interval
Markus Reiss (Humboldt University-Berlin)
Viktor Todorov (Northwestern University)
George E. Tauchen (Duke University)
[View Abstract] [Download Preview]
Principal Component Analysis of High Frequency Data
Yacine Ait-Sahalia (Princeton University)
Dacheng Xiu (University of Chicago)
[View Abstract]
Assessment of Uncertainty in High Frequency Data: The Observed Asymptotic Variance
Per Aslak Mykland (University of Chicago)
Lan Zhang (University of Illinois-Chicago and University of Oxford)
[View Abstract] [Download Preview]
Bootstrapping High Frequency Jump Tests
Silvia Goncalves (Université de Montréal)
[View Abstract]

Jan 03, 2015 10:15 am, Sheraton Boston, Gardner Room
Econometric Society
Journal of Business and Economic Statistics Plenary (C1)
Presiding: Shakeeb Khan (Duke University)
Simple Estimators for Semiparametric Multinomial Choice Models
James L. Powell (University of California-Berkeley)
Discussants:
Andres Aradillas-Lopez (Pennsylvania State University)
Bo Honoré (Princeton University)
Hidehiko Ichimura (University of Tokyo)
Jack Porter (University of Wisconsin)
Elie Tamer (Princeton University)

Jan 03, 2015 10:15 am, Sheraton Boston, Beacon E
Econometric Society
Policies to Foster Human Capital (I2, J2)
Presiding: Dirk Krueger (University of Pennsylvania)
Optimal Capital and Progressive Labor Income Taxation with Endogenous Schooling Decisions and Intergenerational Transfers
Dirk Krueger (University of Pennsylvania)
Andrew Ludwig (Goethe University)
[View Abstract] [Download Preview]
Education Policy and Intergenerational Transfers in Equilibrium
Brant Abbott (Yale University)
Giovanni Gallipoli (University of British Columbia)
Costas Meghir (Yale University)
Gianluca Violante (New York University)
[View Abstract] [Download Preview]
Optimal Income-Contingent Student Loans with Moral Hazard
Lance J. Lochner (University of Western Ontario)
Alexander Monge-Naranjo (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
Human Capital Accumulation in a Federation
Daniele Coen-Pirani (University of Pittsburgh)
[View Abstract] [Download Preview]

Jan 03, 2015 10:15 am, Sheraton Boston, Boston Common
Economic History Association
Urban Issues in Historical Perspective (N9)
Presiding: Carola Frydman (Boston University)
Resetting the Urban Network: 117-2012
Guy Michaels (London School of Economics)
Ferdinand Rauch (University of Oxford)
[View Abstract] [Download Preview]
Lead Exposure, Socioeconomic Status, and the Propagation of Cognitive Disparities
Werner Troesken (University of Pittsburgh)
Joseph Ferrie (Northwestern University)
Karen Rolf (University of Nebraska-Omaha)
[View Abstract] [Download Preview]
Ownership, Technology, and the Provision of Residential Electricity
Carl Kitchens (University of Mississippi)
[View Abstract] [Download Preview]
Discussants:
Richard Hornbeck (Harvard University)
Douglas Almond (Columbia University)
Edson Severnini (Carnegie Mellon University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Wellesley
Economic Science Association
Social Networks Experiments (C7, D8)
Presiding: Tanya S. Rosenblat (University of Michigan)
Mirror Mirror on the Network: Peer Selection and Endogenous Preferences
Erin Krupka (University of Michigan)
Stephen Leider (University of Michigan)
Carrie Wenjing Xu (University of Michigan)
[View Abstract]
An Experimental Study on Information Sharing Networks
Sergio Currarini (University of Leicester and Università di Venezia)
Francesco Feri (University of London and Università di Triestre)
Miguel A. Melendez-Jimenez (Universidad de Málaga)
[View Abstract] [Download Preview]
Making the Dynamics of Social Learning Visible
Abhijit Banerjee (Massachusetts Institute of Technology)
Emily Breza (Columbia University)
Arun Chandrasekhar (Stanford University)
Sam Grondahl (Microsoft Research)
Markus Mobius (Microsoft Research and University of Michigan)
[View Abstract]
Do Friends Help Friends Get Jobs?
Sarah Adelman (Mount Holyoke College)
Vivian Hoffmann (University of Maryland and IFPRI)
Markus Mobius (Microsoft Research and University of Michigan)
Tanya S. Rosenblat (University of Michigan)
[View Abstract]
Discussants:
Iwan Barankay (University of Pennsylvania)
Gary Charness (University of Santa Barbara)
Ragan Petrie (George Mason University)
Lori Beaman (Northwestern University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Provincetown
Health Economics Research Organization
Health Insurance Reform (I1, I1)
Presiding: Donald E. Yett (University of Southern California)
Market Socialism and Community Rating in the Affordable Care Act
H. E. Frech (University of California-Santa Barbara)
Peter Zweifel (University of Zurich)
[View Abstract] [Download Preview]
Insurer Participation and Premiums in Exchanges: The Roles of Regulation, Market Competition, and Product Characteristics
Jean Marie Abraham (University of Minnesota)
Kosali Simon (University of Indiana)
Jeffrey McCullough (University of Minnesota)
Coleman Drake (University of Minnesota)
[View Abstract]
Competitive Bidding in Medicare
Michael Chernew (Harvard University)
[Download Preview]
Discussants:
Anthony Lo Sasso (University of Illinois-Chicago)
Stephen T. Parente (University of Minnesota)

Jan 03, 2015 10:15 am, Sheraton Boston, Berkeley Room
History of Economics Society
Keynes and Keynesian Economics in Light of the Financial Crisis (B3, E1)
Presiding: Robert Shiller (Yale University)
Keynes and Financial Crises
Robert Dimand (Brock University)
[View Abstract]
Keynes, Wages and Employment in Light of the Great Depression
Harald Hagemann (Universität Hohenheim)
[View Abstract] [Download Preview]
James Meade and Keynesian Economics
Sue Howson (University of Toronto)
[View Abstract]
Discussants:
Robert Shiller (Yale University)
Rebeca Gomez Betancourt (University of Lumière Lyon 2-France)
Robert Dimand (Brock University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Yarmouth
International Association for Feminist Economics
Feminist Exploration in Labor Market, Discrimination and Care Needs (J7)
Presiding: Alice Kassens (Roanoke College)
Occupational Segregation, Wage and Job Discrimination against Women in the Indian Labour Market, 1983-2012
Malathy Duraisamy (Institute of Technology Madras)
Palanigounder Duraisamy (University of Madras)
[View Abstract] [Download Preview]
Discrimination against Trans People: Evidence from Italy
Fabrizio Botti (University of Perugia)
Carlo D'Ippoliti (Sapienza University of Rome)
[View Abstract] [Download Preview]
Kuznets’ Hypothesis and Gender Inequality
Eman Selim (Tanta University)
[View Abstract] [Download Preview]
Absenteeism and Pension Reforms: A Gender Perspective
Flavia Coda Moscarola (University of Turin)
Elsa Fornero (University of Turin)
[View Abstract]
MFI's Mission Change for Women Borrowers under Adverse Economy
So Young Sohn (Yonsei University)
Eun Jeong Ji (Yonsei University)
Eun Jin Han (Yonsei University)
[View Abstract]

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom--Salon E
International Banking Economics & Finance Association/American Economic Association
Credit Availability 20 Years after Peek and Rosengren (G2) (Panel Discussion)
Panel Moderator: Eric Rosengren (Federal Reserve Bank of Boston)
Diana Hancock (Federal Reserve Board)
Stephen Oliner (American Enterprise Institute and University of California-Los Angeles)
Joe Peek (Federal Reserve Bank of Boston)
Jeremy Stein (Harvard University)

Jan 03, 2015 10:15 am, Westin Copley, Courier
Labor & Employment Relations Association
Growing Older and Working Longer: Implications for Health and Retirement Time (J3)
Presiding: Richard McGahey (New School)
Do Working Conditions at Older Ages Shape the Health Gradient?
Lauren Schmitz (New School)
[View Abstract]
Miracle Drug or Daily Vitamin? The Health Effects of Retirement over Time
Kevin Neuman (University of Wisconsin-Stevens Point)
Jason Davis (University of Wisconsin-Stevens Point)
[View Abstract] [Download Preview]
Socioeconomic Differences in Retirement Age, Mortality, and Retirement Time: Implications for Retirement Age Policy
Teresa Ghilarducci (New School)
Katherine Moos (New School)
[View Abstract]
How Does Retirement Impact Health? Health Behaviors and Investments
Norma B. Coe (University of Washington)
Gema Zamarro (University of Southern California)
[View Abstract]
Discussants:
Christian E. Weller (University of Massachusetts-Boston)
Richard McGahey (New School)

Jan 03, 2015 10:15 am, Westin Copley, North Star
Labor & Employment Relations Association
On the Political Economy of Immigration in Europe and in the United States: The Importance of Skill (J4)
Presiding: Teresa Ghilarducci (The New School for Social Research)
Global Skilled Migration Governance: On the Role of Civil Society Organizations
Petit Pascal (University of Paris Nord)
[View Abstract] [Download Preview]
High Skills Immigrants in United States: An Approach on Their Professional Status and Migration Interest to United States
Magaly Sanchez-R (Princeton University)
[View Abstract]
Regimes of Migration and the Changing Nature of Migration from MENA countries after the Arab Uprisings
El Mouhoub Mouhoud (University of Paris-Dauphine)
[View Abstract]
Selective Migration Policy Models, Changing Realities of Implementation and the Recruitment of Foreign Students to Become High-Skilled Immigrants
Rey Koslowski (State University of New York-Albany)
Discussants:
Lynne Chester (University of Sydney)
Steven Pressman (Monmouth University)

Jan 03, 2015 10:15 am, Westin Copley, Great Republic
Labor & Employment Relations Association
The Minimum Wage, Family Income and Poverty: New Research (J3)
Presiding: Patrick Belser (International Labor Organization)
Minimum Wages and the Distribution of Family Incomes
Arindrajit Dube (University of Massachusetts-Amherst)
[View Abstract]
Minimum Wages and Poverty
Joseph J. Sabia (San Diego State University)
Richard V. Burkhauser (Cornell University)
Robert Nielsen (University of Georgia)
[View Abstract]
The Effect of the Minimum Wage on Low Income Workers: What Do We Know?
Dale Belman (Michigan State University)
Paul Wolfson (Dartmouth College)
[View Abstract]
Wage Shocks and Technological Substitution
Brian Phelan (DePaul University)
Daniel Aaronson (Federal Reserve Bank of Chicago)
[View Abstract]
Discussants:
Charles Brown (University of Michigan)
Lawrence Kahn (Cornell University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Tremont
Middle East Economic Association/American Economic Association
Coordination of Monetary and Fiscal Policies in MENA Transition Economies (E6) (Panel Discussion)
Panel Moderator: Stephen Cecchetti (Brandeis University and former Chief Economist of BIS)
Ahmed Galal (Economic Research Forum and former Finance Minister of Egypt) The Experience of Egypt in Conducting Fiscal Policy during a Transitional Period and Populous Demand
Shantayanan Devarajan (World Bank) The Role of the World Bank in the MENA When Coordination is a Scarce Commodity
Bjoern Rother (International Monetary Fund) The IMF's Recent Experience in the Arab Countries in Transition and the Search for Coordination
Rania Al Mashat (Egypt Central Bank) The Central Banks Role in Coordinating Monetary and Fiscal Policy in Developing Economies

Jan 03, 2015 10:15 am, Boston Marriott Copley, Suffolk
National Association of Forensic Economics
Forensic Economics I (K2, K2)
Presiding: John Ward (John Ward Economics)
Latent Earning Capacity: When Earning Capacity is Not Expected Earnings
Stephen Horner (Economic Consulting)
Frank Slesnick (Bellarmine University)
[View Abstract]
Valuing Earning Capacity: Application of Methodology
Gary Skoog (Legal Econometrics Inc.)
[Download Preview]
Valuing Earning Capacity: The Pennsylvania Case Law Perspective and with Consideration of Part-Time Work
James Rodgers (Pennsylvania State University)
[View Abstract] [Download Preview]
Discussants:
Robert Thornton (Lehigh University)
David Rosenbaum (University of Nebraska-Lincoln)
Marc Weinstein (Team Economics, LLC)

Jan 03, 2015 10:15 am, Boston Marriott Copley, New Hampshire
National Economic Association
Issues in African Development I (O1)
Presiding: Gregory Price (Langston University)
Skills, Gender and Entrepreneurship in Africa
Mina Baliamoune-Lutz (University of North Florida)
Zuzana Brixiova (African Development Bank and IZA)
Mthuli Ncube (African Development Bank and University of Witwatersrand)
[View Abstract]
The Relationship of Financial Services Deepening and Risk and Remittances: A Panel Cointegration Analysis of African and Latin American Countries
Bichaka Fayissa (Middle Tennessee State University)
Christian Nsiah (Black Hills State University)
[View Abstract]
What Drives Foreign Direct Investments into West Africa?: An Empirical Investigation
John C. Anyanwu (African Development Bank)
Nadege D. Yameogo (African Development Bank)
[View Abstract] [Download Preview]
Market Structure and Concentration of Sectoral Credit: Evidence from the Zambia Banking Industry
Anthony Simpasa (African Development Bank)
Laureline Pla (African Development Bank)
[View Abstract]
Trade Finance in Africa: New Data on Usage, Trends and Constraints Faced by African Banks
Ousman Gajigo (African Development Bank)
Thouraya Triki (African Development Bank)
[View Abstract]
Discussants:
Jane Karonga (United Nations Economic Commission for Africa)
Kidaya Didier Ntoko (Borough Manhattan Community College-City University of New York)
Adam B. Elhiraika (United Nations Economic Commission for Africa)
Apkan Ekpo (West African Institute for Financial and Economic Management)
Ruth Uwaifo Oyelere (Emory University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon H
Peace Science Society International
Theories of Conflict (F5, H8)
Presiding: Solomon W. Polachek (State University of New York-Binghamton)
Trading with the Enemy: Could the Classical Liberals Be Right?
Michelle Garfinkel (University of California-Irvine)
Stergios Skaperdas (University of California-Irvine)
Constantinos Syropolos (Drexel University)
[View Abstract]
Evolution of Institutions Driven by Conflict
David K. Levine (European University Institute-Villa San Paolo)
Salvatore Modica (Università di Palermo)
[View Abstract] [Download Preview]
Nation-Building Through War
Nicholas Sambanis (Yale University)
Stergios Skaperdas (University of California-Irvine)
William Wohlforth (Dartmouth College)
[View Abstract] [Download Preview]
A Theory of Power Wars
Massimo Morelli (Columbia University)
Helios Herrera (HEC Montreal)
Salvatore Nunnari (Columbia University)
Discussants:
Jun Xiang (Rutgers University)
Charles Anderton (College of the Holy Cross)

Jan 03, 2015 10:15 am, Westin Copley, Staffordshire
Society for Policy Modeling/American Economic Association
When Will the Eurozone Crisis End? (F3, F3)
Presiding: Dominick Salvatore (Fordham University)
Is the Euro Crisis Over?
Paul De Grauwe (London School of Economics)
[View Abstract]
Ending the Euro Crisis
Martin Feldstein (Harvard University)
[View Abstract]
The Euro Crisis: Where to From Here?
Jeffrey Frankel (Harvard University)
[View Abstract] [Download Preview]
When Will the Euro Crisis End?
Ronald McKinnon (Stanford University)
[View Abstract]
The Euro Crisis Will End When Its Two Defects Are Corrected
Robert Mundell (Columbia University)
[View Abstract]
Discussants:
Dominick Salvatore (Fordham University)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom--Salons J & K
Society for the Advancement of Behavioral Economics/American Economic Association
Behavioral Finance after 30 Years (G1, G3) (Panel Discussion)
Panel Moderator: Shabnam Mousavi (Johns Hopkins University)
Hersh Shefrin (Santa Clara University) Behavioralizing Finance
Meir Statman (Santa Clara University) Foundation Blocks of Behavioral Finance
Malcolm Baker (Harvard Business School) Corporate Applications of Behavioral Finance
Terrence Odean (University of California-Berkeley) Individual Investors and Disposition Effect
William Goetzmann (Yale University) Behavioral Portfolio Theory

Jan 03, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon I
Society for the Study of Emerging Markets
Emerging Market Economies in the Global Economy: Financial Stability and Competiveness (F6, O1) (Panel Discussion)
Panel Moderator: Ali Kutan (Southern Illinois University-Edwardsville)
Joshua Aizenman (University of Southern California and NBER)
Campbell R. Harvey (Duke University)
Kristin Forbes (Massachusetts Institute of Technology)
Edward Kane (Boston College)
Donald Lessard (Massachusetts Institute of Technology)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Tufts
Society of Government Economists
Intangibles and Growth (E2, O4)
Presiding: Daniel Sichel (Wellesley College)
Organizational Capital, R&D Assets, and Offshore Outsourcing
Wendy Li (U.S. Bureau of Economic Analysis)
[View Abstract] [Download Preview]
Intangibles and Real Business Cycle
Guohua Feng (University of North Texas)
Wendy Li (U.S. Bureau of Economic Analysis)
Xueli Tang (Deakin University)
[View Abstract] [Download Preview]
Private and Public Intangible Capital: Productivity Growth and New Policy Challenges
Cecilia Jona-Lasinio (ISTAT and LUISS Lab of European Economics)
Carol Corrado (Conference Board)
Jonathan Haskel (Imperial College, CEPR and IZA)
Mary O’Mahony (King’s College)
[View Abstract] [Download Preview]
Are Intangibles More Productive in ICT Intensive Industries? Evidence from EU Countries
Wen Chen (University of Groningen)
Thomas Niebel (Center for European Economic Research)
Marianne Saam (Center for European Economic Research)
[View Abstract] [Download Preview]
Discussants:
Lorin Hitt (University of Pennsylvania)
Ellen McGrattan (University of Minnesota)
Daniel Sichel (Wellesley College)
Leonard Nakamura (Federal Reserve Bank of Philadelphia)

Jan 03, 2015 10:15 am, Sheraton Boston, Exeter Room
Transportation & Public Utilities Group/American Economic Association
International Trade and Transportation (L9, F6)
Presiding: Wayne Kenneth Talley (Old Dominion University)
Market Potential and Global Growth over the Long Twentieth Century
David S. Jacks (Simon Fraser University and NBER)
Dennis Novy (University of Warwick and CEPR)
[View Abstract]
Transit Trade
Christian Volpe Martincus (Inter-American Development Bank)
Jeronimo Carballo (University of Maryland)
Alejandro Graziano (Inter-American Development Bank)
Georg Schaur (University of Tennessee)
[View Abstract] [Download Preview]
Why Containerization Did Not Reduce Ocean Trade Shipping Costs
Benjamin Bridgman (U.S. Bureau of Economic Analysis)
[View Abstract] [Download Preview]
Trade and Transportation Prices: Fronthaul and Backhaul Price Comparisons
Felix Friedt (University of Oregon)
Wesley Wilson (University of Oregon)
[View Abstract]
Discussants:
Benjamin Bridgman (U.S. Bureau of Economic Analysis)
Wesley Wilson (University of Oregon)
Wayne Kenneth Talley (Old Dominion University)
Georg Schaur (University of Tennessee)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Orleans
Union for Radical Political Economics
Current Research on Marxian Value Theory (B5)
Presiding: Fred Moseley (Mount Holyoke College)
Productive and Unproductive Labor in Marxian Theory. Rethinking the Distinction through the Value Theory of Labor
Antonino G. Callari (Franklin and Marshall College)
[View Abstract]
Money, Demand and Value: How Changes in Demand Affect the Monetary Expression of Value in Marx
David Kristjanson-Gural (Bucknell University)
[View Abstract]
Labor Time, Commodity, and State Money: Complimentary Approaches to Marxian Value Theory
Erik K. Olsen (University of Missouri-Kansas City)
[View Abstract] [Download Preview]
The Transformation Problem: A Critical Review of Chinese Literature
Kuochih Huang (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Discussants:
Fred Moseley (Mount Holyoke College)
Bruce Roberts (University of Southern Maine)

Jan 03, 2015 10:15 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
Issues in Trade and Development Economics (F4)
Presiding: Firat Demir (University of Oklahoma)
Effects of Bilateral FDI Flows on Growth: A Horse Race between Developed vs. Developing Country Investors
Firat Demir (University of Oklahoma)
[View Abstract]
The Effect of Inequality on Aggregate Demand and Economic Growth in Open Less-Developed Economies
Amitava Dutt (University of Notre Dame)
[View Abstract]
Latin America After the Global Crisis: The Role of Export-led and Tradable-led Growth Regimes
Gonzalo Hernandez (Pontificia Universidad)
[View Abstract] [Download Preview]
The Balance of Payments Constraint in a Small Open Developing Economy
Arslan Razmi (University of Massachusetts-Amherst)
[View Abstract]
Discussants:
Arslan Razmi (University of Massachusetts-Amherst)
Firat Demir (University of Oklahoma)
Kevin Gallagher (Boston University)
Amitava Dutt (University of Notre Dame)

Jan 03, 2015 12:30 pm, Westin Copley, St. George D
Agricultural & Applied Economics Association
Immigration, Agricultural Employment, and Trade: International Perspectives (F1)
Presiding: Mary Ahearn (USDA Economic Research Service (retired))
Changes in Migration Patterns of Agricultural Workers in the United States: Implications for Production and Trade
Ivan Kandilov (North Carolina State University)
[View Abstract] [Download Preview]
Are Migrant Agricultural Workers Replacing the Local Workforce?
Ayal Kimhi (Hebrew University of Jerusalem)
[View Abstract] [Download Preview]
Urbanization’s Effect on Water, Land and Labor and China’s Agricultural Trade
Jikun Huang (Chinese Academy of Sciences)
Scott Rozelle (Stanford University)
[View Abstract]
Migration, Youth, and Agricultural Productivity in Ethiopia
Alan de Brauw (International Food Policy Research Institute)
[View Abstract] [Download Preview]

Jan 03, 2015 12:30 pm, Sheraton Boston, Grand Ballroom
American Economic Association/American Finance Association
AEA/AFA Joint Luncheon -- Fee Event
Presiding: Richard Thaler (University of Chicago)
Olivier Blanchard (International Monetary Fund) Dark Corners: Reassessing Macroeconomics after the Crisis

Jan 03, 2015 12:30 pm, Sheraton Boston, Gardner Room
American Economic Association
European Economic Association Lecture
Presiding: Daniele Paserman (Boston University)
Eliana La Ferrara (Fondazione Romeo ed Enrica Invernizzi Chair in Development Economics, Bocconi University, Milan) Mass Media and Social Change: Can We Use Television To Fight Poverty?

Jan 03, 2015 12:30 pm, Westin Copley, Empire
American Real Estate & Urban Economic Association
Schools and the Housing Market (R2, H2)
Presiding: Daniel McMillen (University of Illinois)
Do Housing Choice Voucher Holders Move Towards Better Schools?
Keren Horn (University of Massachusetts-Boston)
Ingrid Ellen (New York University)
Amy Schwartz (New York University)
[View Abstract]
Values of Proximity to Schools: An Experiment with School Relocation Events in Singapore
Tien Sing (National University of Singapore)
Sumit Agarwal (National University of Singapore)
Satyanarain Rengarajan (National University of Singapore)
[View Abstract]
Are Rising College Premiums Capitalized into House Prices? Evidence from China
Tracy Turner (Kansas State University)
Leilei Shen (Kansas State University)
[View Abstract] [Download Preview]
Effect of Constraints on Tiebout Competition: Evidence from the Michigan School Finance Reform
Rajashri Chakrabarti (Federal Reserve Bank of New York)
Joydeep Roy (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Michael Eriksen (Texas Tech University)
Jaren Pope (Brigham Young University)
Andrew Hanson (Marquette University)
Eric Brunner (University of Connecticut)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Tufts
Association of Indian Economics & Financial Studies
Trade, Finance and Economic Growth (F4, F1)
Presiding: Chandana Chakraborty (Montclair State University)
Technology, Learning, and Long Run Economic Growth in Leading and Lagging Regions
Amitrajeet A. Batabyal (Rochester Institute of Technology)
Peter Nijkamp (VU University Amsterdam)
[View Abstract] [Download Preview]
Home Country Effect of FDI Outflows from the BRIC Countries: Study of Domestic Investment
Nandita Dasgupta (University of Maryland Baltimore County)
[View Abstract]
Global Food Prices and Business Cycle Dynamics in an Open-Economy Macroeconomic Model for India
Oliver Holtemoeller (Martin Luther University Halle-Wittenberg and Halle Institute for Economic Research (IWH))
Sushanta Mallick (Queen Mary University of London)
[View Abstract]
New Trade versus Trade Recovery in Indian Exports
Usha Nair-Reichert (Georgia Institute of Technology)
[View Abstract]
A Separate Debt Management Office
Charan Singh (Indian Institute of Management Bangalore-India)
[View Abstract]
What Determines the Share of Labor in National Income? A Cross-Country Analysis
Marta Guerriero (University of Manchester)
Kunal Sen (University of Manchester and IZA)
[View Abstract]
Discussants:
Banani Nandi (AT&T Laboratories)
Sweta Saxena (International Monetary Fund)
Aniruddha Mitra (Bard College)
Valerie Cerra (International Monetary Fund)
Raja Kali (University of Arkansas)
Keshab Bhattarai (University of Hull)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Wellesley
Chinese Economists Society
Research on Urbanization in China (R1)
Presiding: Junfu Zhang (Clark University)
Subnational Leaders and Economic Growth: Evidence from Chinese Cities
Yang Yaho (Peking University)
Myuang Zhang (Shanghai University of Finance and Economics)
[View Abstract]
Fiscal Reform, Land Expansion, and Urban Growth in China
Yongzheng Liu (Renmin University of China)
James Alm (Tulane University)
[View Abstract] [Download Preview]
Land Supply and Money Growth in China
Taoxiong Liu (Tsinghua University)
[View Abstract] [Download Preview]
Understanding Floor-Area-Ratio Restrictions on Urban Land Development in China
Junfu Zhang (Clark University)
Shihe Fu (Southwestern University of Finance and Economics)
Yizhen Gu (University of California-Berkeley)
[View Abstract]
Discussants:
Adam Storeygard (Tufts University)
Bo Zhao (Federal Reserve Bank of Boston)
Shihe Fu (Southwestern University of Finance and Economics)
Yuming Fu (National University of Singapore)

Jan 03, 2015 12:30 pm, Sheraton Boston, Clarendon Room
Cliometrics Society
Events in Financial History (N2)
Presiding: Matthew Jaremski (Colgate University)
Lottery Loans in the Eighteenth Century
Francois Velde (Federal Reserve Bank of Chicago)
[View Abstract]
Political Uncertainty, Policy Uncertainty, and Market Liquidity: The NYSE during the Global Crisis of 1914-15
Caroline Fohlin (Johns Hopkins University)
Zachary Mozenter (University of North Carolina)
[View Abstract]
Politics or Precious Metal Production? The Emergence of the Classical Gold Standard, 1867-1896
Matthias Morys (York University)
[View Abstract] [Download Preview]
The Savings and Loan Insolvencies in the Shadow of the Great Recession
Alexander Field (Santa Clara University)
[View Abstract] [Download Preview]
Discussants:
Veronica Santarosa (University of Michigan)
Marc Weidenmier (Claremont McKenna College)
Michael Bordo (Rutgers University)
Nicolas Ziebarth (Iowa University)

Jan 03, 2015 12:30 pm, Sheraton Boston, Berkeley Room
History of Economics Society
Histories of Behavioral Economics (B2, D1)
Presiding: Andrej Svorenčík (University of Mannheim)
The Behaviorist Myth in Economics
José M. Edwards (Universidad Adolfo Ibáñez-Santiago)
[View Abstract] [Download Preview]
Between the ‘Logic of Choice’ and the Behavioral Sciences: The Emergence of Rational Choice Theories in the 1950s
Catherine Herfeld (Ludwig Maximilians University-Munich)
[View Abstract]
Measuring Utility by Experiments and Axioms in Economics and Psychology, 1955-1965. The case of Suppes and Luce
Ivan Moscati (University of Insubria-Varese)
[View Abstract] [Download Preview]
The Behaviorist Psychology Tradition in Experimental Economics
Andrej Svorenčík (University of Mannheim)
[View Abstract]
Discussants:
E. Glen Weyl (Microsoft Research New England)
Andreas Ortmann (University of New South Wales)
Colin Camerer (California Institute of Technology)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Grand Ballroom—Salon H
Industrial Organization Society
Digital Media Economics (L1)
Presiding: Shane Greenstein (Northwestern University)
E-Book Pricing and Vertical Restraints
Babur De los Santos (Indiana University)
Matthijs Wildenbeest (Indiana University)
[View Abstract] [Download Preview]
Using Markets to Measure the Impact of File Sharing on Movie Revenues
Koleman Strumpf (University of Kansas)
[View Abstract] [Download Preview]
Panning for Gold: The Random Long Tail in Music Production
Luis Aguiar (Institute for Prospective Technological Studies)
Joel Waldfogel (University of Minnesota)
[View Abstract]
Super Returns? The Effects of Ads on Product Demand
Seth Stephens-Davidowitz (Google, Inc.)
Hal Varian (Google, Inc.)
Michael D. Smith (Carnegie Mellon University)
[View Abstract]
Discussants:
Ryan McDevitt (Duke University)
Hong Luo (Harvard Business School)
Julie Mortimer (Boston College)
Jeffrey Prince (Indiana University)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Yarmouth
International Association for Feminist Economics
Gender Equality, Microfinance and Development (I3)
Presiding: Diana Strassmann (Rice University)
Implications of Microfinance for Gender Inequality in Ghana
Theresa Owusu-Danso (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Microfinance, Poverty and Employment Gender Gap: An Analysis from the Nigerian Perspective
Risikat Oladoyin S. Dauda (University of Lagos)
[View Abstract] [Download Preview]
Cash or Cow: Bargaining Power in the Household and Child Outcomes in Four Developing Countries
Priscila Hermida (Pontifícia Universidad Católica del Ecuador)
Jere R Behrman (University of Pennsylvania)
Whitney Schott (University of Pennsylvania)
[View Abstract] [Download Preview]
Intra-Household Financial Organisation and Microfinance: Evidence from High Frequency Panel Data in Kenya
Susan Johnson (University of Bath)
Sunčica Vujić (University of Bath)
[View Abstract]
A Feminist-Institutional Approach to Understanding the Challenges of Provisioning Aged Care Needs in the Presence of Dirt and Danger
Siobhan Austen (Curtin University)
Therese Jefferson (Curtin University)
Rhonda Sharp (University of South Australia)
[View Abstract]

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Harvard
International Network for Economic Method
Book Symposium: Foundations of Economic Evolution by Carsten Herrmann-Pillath (B4, Y8)
Presiding: Don Ross (University of Cape Town)
Economics as a Distinctive Province in the Kingdom of the Life Sciences: A Précis and Critique of Herrmann-Pillath’s Foundations of Economic Evolution
Don Ross (University of Cape Town)
[View Abstract] [Download Preview]
Ontological Axioms as Practical Devices for Economic Theory Construction: On Carsten Herrmann-Pillath´s “Foundations of Economic Evolution”
Kurt Dopfer (University of St. Gallen)
[View Abstract]
Naturalistic Economic Philosophy & the Devil in the Details: The Case of Knowledge
Ulrich Witt (Max Planck Institute)
[View Abstract]
Economic Evolution as a Semiosis of Markets
Jason Potts (RMIT University)
[View Abstract]
Author Replies to Critics
Carsten Herrmann-Pillath (Frankfurt School of Finance and Management)
[View Abstract]

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Grand Ballroom--Salons J & K
International Trade & Finance Association
Europe's Economic Future? (F1, G1) (Panel Discussion)
Panel Moderator: Scheherazade Rehman (George Washington University)
Carlo Bastasin (Brookings Institution)
Antonio De Lecea (Delegation of the European Union to the U.S.)
Douglas J. Elliott (Brookings Institution)
Jacob Funk Kirkegaard (Peterson Institute for International Economics)
Scheherazade Rehman (George Washington University)

Jan 03, 2015 12:30 pm, Sheraton Boston, Beacon A
National Association of Economic Educators
Economic Education Research and the Principles Classroom (A2)
Presiding: Helen Roberts (University of Illinois-Chicago)
Economic Education Retrospective: 25 Years of Contributions from The American Economist
Carlos Asarta (University of Delaware)
Paul W. Grimes (Pittsburg State University)
Austin Jennings (University of Delaware)
[View Abstract] [Download Preview]
Loss Aversion, Distributional Effects, and Asymmetric Gender Responses in Economics Education
Maria Apostolova-Mihaylova (University of Mary Washington)
William Cooper (University of Kentucky)
Gail Hoyt (University of Kentucky)
Emily Marshall (University of Kentucky)
[View Abstract] [Download Preview]
Preconceptions of Principles Students
William Goffe (Pennsylvania State University)
[View Abstract] [Download Preview]
Discussants:
Helen Roberts (University of Illinois-Chicago)
Rebecca Chambers (University of Delaware)
Carlos Asarta (University of Delaware)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, New Hampshire
National Economic Association
Issues in African Development II (O1)
Presiding: Willene Johnson (Komaza, Inc.)
Communication and coordination: Experimental evidence from farmer groups in Senegal
Angelino Viceisza (Spelman College)
Kodjo Aflagah (International Food Policy Research Institute)
Tanguy Bernard (International Food Policy Research Institute)
[View Abstract] [Download Preview]
Trust and Financial Inclusion
Kehinde Ajayi (Boston University)
[View Abstract] [Download Preview]
Financial Access in Nigeria: Evidence from Household Surveys
Lisa D. Cook (Michigan State University)
[View Abstract]
How Does Trade Liberalization Affect Racial and Gender Inequality in Employment? Evidence from Post-Apartheid South Africa
Bilge Erten (Columbia University)
Fiona Tregenna (University of Johannesburg)
[View Abstract] [Download Preview]
Structural Change and Democratization: Evidence from Rural Apartheid
Laurence Wilse-Samson (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Willene Johnson (Komaza, Inc.)
Suresh Naidu (Columbia University)
Femi Elegbede (Michigan State University)
John C. Anyanwu (African Development Bank)
Romie Tribble (Spelman College)

Jan 03, 2015 12:30 pm, Sheraton Boston, Beacon B
Omicron Delta Epsilon
Omicron Delta Epsilon Faculty Advisor Session (A1)
Presiding: Alan Grant (Baker University)
Teaching and Learning Alternatives to a Comparative Advantage Motivation for Trade
James K. Self (Indiana University)
William E. Becker (Indiana University)
[View Abstract] [Download Preview]
A Classroom Property Title Experiment
Lauren Heller (Berry College)
E. Frank Stephenson (Berry College)
[View Abstract] [Download Preview]
Directed Crib Sheet Development as a Test Preparation and Review Tool
Kara Smith (Belmont University)
Colin Cannonier (Belmont University)
[View Abstract]
Student Effort and Learning Outcomes in Introductory Economics Courses
Nara Mijid (Central Connecticut State University)
[View Abstract] [Download Preview]
Discussants:
Lauren Heller (Berry College)
James K. Self (Indiana University)
Nara Mijid (Central Connecticut State University)
Kara Smith (Belmont University)

Jan 03, 2015 12:30 pm, Westin Copley, Staffordshire
Society for Policy Modeling
Are Emerging Markets Facing a New Financial Crisis? (G1, G1)
Presiding: Dominick Salvatore (Fordham University)
Normalizing Financial Conditions, How Tight, How Far
Andrew Burns (World Bank)
[View Abstract]
How Vulnerable Are Emerging Markets to External Shocks
Rupa Dattagupta (International Monetary Fund)
[View Abstract]
How to Differentiate Vulnerability among Emerging Market Economies
Pingfan Hong (United Nations)
[View Abstract]
Hot Money Flows: Cycles in Primary Commodities and Financial Controls in Developing Countries
Ronald McKinnon (Stanford University)
[View Abstract]
Discussants:
Fred Campano (Fordham University)
Dominick Salvatore (Fordham University)

Jan 03, 2015 12:30 pm, Boston Marriott Copley, Provincetown
Union for Radical Political Economics/American Economic Association
David Gordon Memorial Lecture: Capitalism and the Climate Crisis: Reducing Emissions Through Reductions in Working Hour (J1) (Panel Discussion)
Panel Moderator: Fred Moseley (Mount Holyoke College)
Juliet Schor (Boston College) Capitalism and the Climate Crisis: Reducing Emissions Through Reductions in Working Hour

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 206
American Economic Association
Contributions of Economists to Public Policy: A Session in Honor of Walter Oi (J1, A1)
Presiding: Martin Feldstein (Harvard University and NBER)
Walter Oi and His Contributions to the All-Volunteer Force: Theory, Evidence, Persuasion
Paul Hogan (Lewin Group)
John Warner (Lewin Group)
[View Abstract] [Download Preview]
Early Challenges of the AVF
Bernard Rostker (RAND Corporation)
[View Abstract]
Compensating Volunteers: Current Challenges of the AVF
Beth Asch (RAND Corporation)
James Hosek (RAND Corporation)
Michael Mattock (RAND Corporation)
[View Abstract]
Walter Oi's Distinctive Perspective on Labor Economics, Price Theory, and Econometrics
Orley Ashenfelter (Princeton University)
[View Abstract]
Discussants:
David Chu (Institute for Defense Analyses)
Linda Cavalluzzo (CNA Corporation)
Chris Jehn (CNA Corporation and Institute for Defense Analyses)
Finis Welch (Texas A&M University)

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 209
American Economic Association
Economic Freedom and Minority Groups (O1)
Presiding: Janice Shack-Marquez (Federal Reserve Board)
The Impact of Economic Freedom on the Black/White Income Gap
Gary A. Hoover (University of Alabama)
Ryan A. Compton (University of Manitoba)
Daniel C. Giedeman (Grand Valley State University)
[View Abstract]
Tolerance in the United States: How Free Markets Transform Racial, Religious, and Sexual Attitudes
Niclas Berggren (Research Institute of Industrial Economics-Sweden and University of Economics in Prague)
Therese Nilsson (Research Institute of Industrial Economics-Sweden and Lund University)
[View Abstract] [Download Preview]
Fractionalization, Rent Seeking and Economic Freedom
Jac C. Heckelman (Wake Forest University)
Bonnie Wilson (St. Louis University)
[View Abstract] [Download Preview]
Income Inequality, Capitalism and Ethno-Linguistic Fractionalization
Jakob de Haan (De Nederlandsche Bank and University of Groningen)
Jan-Egbert Sturm (ETH Zurich)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Sheraton Boston, Public Garden
American Economic Association
Explaining the Energy Paradox (D1, L2)
Presiding: Robert N. Stavins (Harvard University)
Deconstructing the Energy Efficiency Gap: Conceptual Frameworks and Evidence
Todd Gerarden (Harvard University)
Richard Newell (Duke University)
Robert N. Stavins (Harvard University)
[View Abstract] [Download Preview]
Tagging and Targeting of Energy Efficiency Subsidies (Hunt Allcott, Chris Knittel, and Dmitry Taubinsky)
Hunt Allcott (New York University)
Christopher Knittel (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Limited Attention and the Residential Energy Efficiency Gap
Karen Palmer (Resources for the Future)
Margaret Walls (Resources for the Future)
[View Abstract] [Download Preview]
Individual Time Preferences and Energy Efficiency
Richard Newell (Duke University)
Juha Siikamäki (Resources for the Future)
[View Abstract] [Download Preview]
Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program
Meredith Fowlie (University of California-Berkeley)
Michael Greenstone (University of Chicago)
Catherine Wolfram (University of California-Berkeley)
[View Abstract]
Discussants:
Kenneth Gillingham (Yale University)
Erich Muehlegger (Harvard University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Republic Ballroom Foyer
American Economic Association
Financial Economics (G1) (Poster Session)
Presiding: Sean Collins (Fordham University)
Firms in Corrupt Environments and the Value of Corporate Governance
Nishant Dass (Georgia Institute of Technology)
Vikram Nanda (Rutgers University)
Steven Chong Xiao (Rutgers University)
[Download Preview]
Forecasting Volatility with Empirical Similarity and Google Trends
Moritz Daniel Heiden (University of Augsburg)
Alain Hamid (University of Augsburg)
[Download Preview]
How Important is Economic News for Bond Markets?
Justinas Brazys (Erasmus University Rotterdam)
Martin Martens (Erasmus University Rotterdam)
[Download Preview]
Cross-Country Evidence on Capital Structure Variability
Balbinder Singh Gill (Vrije Universiteit Brussel)
[Download Preview]
Public Pre-Trade Disclosure of Insider Orders
Luca Gelsomini (IESEG School of Management)
[Download Preview]
The CAPM: A Reformulation
Jialiu Lu (Sun Yat-Sen University)
[Download Preview]
A Case-Based Introduction to Bank Accounting for Derivatives
Dov Fischer (City University of New York-Brooklyn College)
Michael Grayson (City University of New York-Brooklyn College)
An Examination of the Influence of Household Financial Decision Making on the United States Housing Market Crisis
Purba Mukerji (Connecticut College)
Khalid Saeed (Worcester Polytechnic Institute)
The Distribution of Information, the Market for Financial News, and the Cost of Capital
Paul Marmora (Temple University)
[Download Preview]
A Model of Information Diffusion with Asymmetry and Confidence Effects in Financial Markets
Haijun Yang (Beihang University and University of Delaware)
Shu Qi (Beihang University)
Zhou Zhang (University of Regina)
David Koslowsky (University of British Columbia)
[Download Preview]
Informed Trading, Forced Trades and Amplification Mechanisms
Alper Odabasioglu (Swiss Finance Institute and University of Geneva)
[Download Preview]
Margin Constraints and the Security Market Line
Petri Jylha (Imperial College London)
[Download Preview]
Corporate Cash and Inventory Management: Implications for Measuring Market Competition
Xiaodan Gao (National University of Singapore)
[Download Preview]
Gamble, Fear, and Asset Prices
Qunzi Zhang (Shandong University)
[Download Preview]
When Formulas Fail: On the Variability of the Exponential Growth Bias
Bryan Foltice (University of Muenster)
Thomas Langer (University of Muenster)
[Download Preview]
Bank Regulation under Fire Sale Externalities
Gazi Kara (Federal Reserve Board)
S. Mehmet Ozsoy (Ozyegin University)
[Download Preview]
Bank Capital Requirements and Loan Pricing: Loan-Level Evidence from a Macro Prudential Within-Sector Policy
Ricardo Schechtman (Central Bank of Brazil)
Bruno Martins (Central Bank of Brazil)
Systemic Risk and the Solvency-Liquidity Nexus of Banks
Diane Pierret (New York University)
[Download Preview]
Forbearance and Broken Credit Cycles
Tomohiro Ota (Bank of England)
[Download Preview]
Entrepreneurial Vision, Information, and Cash
Arnoud Boot (University of Amsterdam)
Vladimir Vladimirov (University of Amsterdam)
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Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon B
American Economic Association
Household Savings, Debt, and Investment Decisions (D1)
Presiding: David Love (Williams College)
Disentangling Financial Constraints, Precautionary Savings, and Myopia: Household Behavior Surrounding Federal Tax Returns
Brian Baugh (Ohio State University)
Itzhak Ben-David (Ohio State University)
Hoonsuk Park (Ohio State University)
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Can Gambling Increase Savings? Empirical Evidence on Prize-Linked Savings Accounts
Shawn Cole (Harvard Business School)
Benjamin Iverson (Northwestern University)
Peter Tufano (University of Oxford)
[View Abstract] [Download Preview]
Debt and Debt Management among Older Adults
Annamaria Lusardi (George Washington University)
Olivia Mitchell (University of Pennsylvania)
[View Abstract]
WSJ Category Kings - the impact of media attention on consumer and mutual fund investment decisions
Ron Kaniel (University of Rochester)
Robert Parham (University of Rochester)
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Consumer Perceptions and Saving Behavior
Kehinde Ajayi (Boston University)
[View Abstract]

Jan 03, 2015 2:30 pm, Sheraton Boston, Constitution Ballroom B
American Economic Association
In Honor of Gary S. Becker-Model Economist (B3) (Panel Discussion)
Panel Moderator: Kevin Murphy (University of Chicago)
Kevin Murphy (University of Chicago) Gary Becker - The Teacher
James Heckman (University of Chicago) Gary Becker - Model Economic Scientist
Edward Lazear (Stanford University) Gary Becker - The Public Policy Economist

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 203
American Economic Association
Information, Incentives, and Productivity in Health Care (I1, D2)
Presiding: Nicholas Bloom (Stanford University)
The Efficiency of Slacking Off: Evidence from the Emergency Department
David Chan (Stanford University)
[View Abstract] [Download Preview]
Physician vs. Patient Incentives in Prescription Drug Choice
Michael Dickstein (Stanford University)
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The Value of Information in Hospital-Supplier Bargaining
Ashley Swanson (University of Pennsylvania)
Matthew Grennan (University of Pennsylvania)
[View Abstract]
Compensation or Information? Understanding the Role of Information Technology in Physician Response to Pay-for-Performance
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
Michael Whinston (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Jason Abaluck (Yale University)
Joshua Gottlieb (University of British Columbia)
Robin S. Lee (Harvard University)
Neale Mahoney (University of Chicago)

Jan 03, 2015 2:30 pm, Sheraton Boston, Commonwealth
American Economic Association
International Capital Flows (F3, F2)
Presiding: Linda Goldberg (Federal Reserve Bank of New York)
Are Capital Controls Countercyclical?
Stephanie Schmitt-Grohé (Columbia University)
Martín Uribe (Columbia University)
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International Financial Integration and Crisis Contagion
Michael Devereux (University of British Columbia)
Changhua Yu (University of International Business and Economics-Beijing)
[View Abstract] [Download Preview]
Financial Flows and the International Monetary System
Evgenia Passari (University of Paris-Dauphine)
Helene Rey (London Business School)
[View Abstract] [Download Preview]
Uncertainty Betas and International Capital Flows
Francois Gourio (Federal Reserve Bank of Chicago)
Michael Siemer (Federal Reserve Board)
Adrien Verdelhan (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Anusha Chari (University of North Carolina)
Gurnain Pasricha (Bank of Canada)
Jay Shambaugh (George Washington University)
Yu-Chin Chen (University of Washington)

Jan 03, 2015 2:30 pm, Sheraton Boston, Back Bay Ballroom C
American Economic Association
International Trade and Development (F1, O1)
Presiding: Nina Pavcnik (Dartmouth College)
Exporting, Spatial Agglomeration and Labor-Intensive Manufacturing: Soccer Balls in Pakistan
David Atkin (Yale University)
Amit Khandelwal (Columbia University)
Eric Verhoogen (Columbia University)
[View Abstract]
Informal employment in a growing and globalizing low-income country
Brian McCaig (Wilfrid Laurier University)
Nina Pavcnik (Dartmouth College)
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Trade Liberalization and the Skill Premium: A Local Labor Markets Approach
Rafael Dix Carneiro (Duke University)
Brian Kovak (Carnegie Mellon University)
[View Abstract] [Download Preview]
Discussants:
Treb Allen (Northwestern University)
Ann Harrison (University of Pennsylvania)
Samuel Bazzi (Boston University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Berkeley Room
American Economic Association
Investor Behavior (G1)
Presiding: Donald Chambers (Lafayette College)
Investor PSY-chology Surrounding "Gangnam Style"
Young han Andy Kim (Nanyang Business School)
Hosung Jung (Bank of Korea)
[View Abstract]
The Neural Behavior of Investors
Rachel A. Pownall (Maastricht University)
Joao Paulo Vieto (Polytechnic Institute of Viana do Castelo)
Armando F. Rocha (Sao Paulo University)
Fabio T. Rocha (Research on Artificial and Natural Intelligence)
Eduardo Massad (Sao Paulo University)
[View Abstract] [Download Preview]
Advertising Arbitrage
Sergei Kovbasyuk (EIEF)
Marco Pagano (University of Naples Federico II, CSEF and EIEF)
[View Abstract] [Download Preview]
CDS Momentum: Slow Moving Credit Ratings and Cross-Market Spillovers
Jongsub Lee (University of Florida)
Andy Naranjo (University of Florida)
Stace Sirmans (University of Florida)
[View Abstract] [Download Preview]
Managerial Investment in Mutual Funds
Abigail S. Hornstein (Wesleyan University)
James Hounsell (Third Avenue Management)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 201
American Economic Association
Labor Market Institutions in China (J5, J4)
Presiding: Robert Moffitt (Johns Hopkins University)
What China's Government Agency Unions Do?
Richard B. Freeman (Harvard University and NBER)
Fan Liang (Beijing University)
[View Abstract]
The Cooperative Roles of Chinese Unions in Multinational Corporations
Tony Fang (Monash University, University of Toronto, and IZA)
Ying Ge (University of International Business and Economics-Beijing)
Youqing Fan (University of Nottingham-Ningbo China)
[View Abstract] [Download Preview]
Do Chinese Enterprises Comply with Minimum Wage Policy?
Shi Li (Beijing Normal University)
Liang Xiong (Chinese Academy of Personnel Sciences)
Linxiang Ye (Nanjing University)
[View Abstract]
Unintended Consequence of China's New Labor Contract Law
Randall Akee (University of California-Los Angeles)
Liqiu Zhao (Renmin University of China)
Zhong Zhao (Renmin University of China)
[View Abstract]
Discussants:
Melanie Khamis (Wesleyan University)
Hau Chyi (University of Chicago)
Corrado Giulietti (IZA)
Junfu Zhang (Clark University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Riverway
American Economic Association
Macro/International I (E3, E4)
Presiding: Serena Ng (Columbia University)
Aggregate Shocks and the Two Sides of Credit Reallocation
Silvio Contessi (Federal Reserve Bank of St. Louis)
Riccardo Di Cecio (Federal Reserve Bank of St. Louis)
Johanna Francis (Fordham University)
[View Abstract] [Download Preview]
Understanding the Cyclical Nature of Financial Intermediation Costs
Matthew Jaremski (Colgate University)
Ayse Sapci (Colgate University)
[View Abstract] [Download Preview]
Labor Market Heterogeneity over the Business Cycle
Guy Laroque (University College London and Sciences Po)
Sophie Osotimehin (University of Virginia)
[View Abstract]

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 207
American Economic Association
Measuring the Multinational Economy (F2)
Presiding: Kim J. Ruhl (New York University)
Factoryless Goods Producers in the United States
Andrew B. Bernard (Dartmouth College)
Teresa Fort (Dartmouth College)
[View Abstract] [Download Preview]
How Well is United States Intrafirm Trade Measured?
Kim J. Ruhl (New York University)
[View Abstract]
Multinational Production: Data and Stylized Facts
Natalia Ramondo (University of California-San Diego)
Andres Rodriguez-Clare (University of California-Berkeley)
Felix Tintelnot (University of Chicago)
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Discussants:
Raymond Mataloni (U.S. Bureau of Economic Analysis)
Lindsey Oldenski (Georgetown University)
Vanessa Alviarez (University of Michigan)

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 204
American Economic Association
New Methods to Analyze Income Distributions in Household Surveys with Measurement Error (C8, D3)
Presiding: Bruce D. Meyer (University of Chicago)
Using Linked Survey and Administrative Data to Better Measure Income: Implications for Poverty, Program Effectiveness and Holes in the Safety Net
Nikolas Mittag (CERGE-EI)
Bruce D. Meyer (University of Chicago)
[View Abstract] [Download Preview]
Trouble in the Tails? Earnings Non-response and Response Bias across the Distribution
Christopher Bollinger (University of Kentucky)
Barry Hirsch (Georgia State University)
Charles Hokayem (U.S. Census Bureau)
James Ziliak (University of Kentucky)
[View Abstract] [Download Preview]
Misreporting in the SIPP about Participation in SSA Programs
Graton M. Gathright (U.S. Census Bureau)
[View Abstract]
Using the Pareto Distribution to Improve Estimates of Topcoded Earnings
Philip Armour (Cornell University)
Richard V. Burkhauser (Cornell University)
Jeff Larrimore (Federal Reserve Board)
[View Abstract]
Discussants:
Dan Black (University of Chicago)
Charles Brown (University of Michigan)

Jan 03, 2015 2:30 pm, Sheraton Boston, Constitution Ballroom A
American Economic Association
Pension Inertia: Active Versus Passive Participants (J3)
Presiding: Jeffrey R. Brown (University of Illinois-Urbana-Champaign and NBER)
Voluntary Retirement Contributions: Lifetime Earnings or Inertia?
Teresa Ghilarducci (New School)
Joelle Saad-Lessler (New School)
Gayle Reznik (Social Security Administration)
[View Abstract]
How Automatic Enrollment Affects the Likelihood and Distribution of 401(k) Contributions: Evidence from a National Survey
Barbara A. Butrica (Urban Institute)
Nadia S. Karamcheva (Urban Institute)
[View Abstract]
The Impact of Employment and Earnings Shocks on Contribution Behavior in Defined Contribution Plans: 2005–2009
Irena Dushi (Social Security Administration)
Howard M. Iams (Social Security Administration)
[View Abstract]
Inertia versus Active Choice among Pension Participants
Leslie A. Muller (Grand Valley State University)
Leah Hoogstra (Calvin College)
John A. Turner (Pension Policy Center)
[View Abstract]
Discussants:
James Choi (Yale University and NBER)
James Poterba (Massachusetts Institute of Technology and NBER)
David Laibson (Harvard University and NBER)
Brigitte C. Madrian (Harvard University and NBER)

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 202
American Economic Association
Reference Points and Redistributive Taxation (H2, D3)
Presiding: Ilyana Kuziemko (Princeton University)
Reference Points and Redistributive Preferences
Ilyana Kuziemko (Princeton University)
[View Abstract] [Download Preview]
Loss Aversion Motivates Tax Sheltering: Evidence from United States Tax Returns
Alex Rees-Jones (University of Pennsylvania)
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Income Inequality Influences Perceptions of Legitimate Income Differences
Kris-Stella Trump (Harvard University)
[View Abstract] [Download Preview]
Revisiting the Classical View of Benefit-Based Taxation
Matthew Weinzierl (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Benjamin B. Lockwood (Harvard University)
Tatiana Homonoff (Cornell University)
Stefanie Stantcheva (Harvard University)
Felix Bierbrauer (University of Cologne)

Jan 03, 2015 2:30 pm, Sheraton Boston, Gardner Room
American Economic Association
Seasonality in Developing Country Markets: Consumption, Prices and Labor (O1)
Presiding: B. Kelsey Jack (Tufts University)
Labor Rationing in Villages: Experimental Estimates from Aggregate Labor Supply Shifts
Emily Breza (Columbia University)
Supreet Kaur (Columbia University)
Yogita Shamdasani (Columbia University)
[View Abstract]
Selling Low and Buying High: An Arbitrage Puzzle in Kenyan Villages
Marshall Burke (University of California-Berkeley)
[View Abstract] [Download Preview]
Direct and Indirect Effects of Malawi's Public Works Program on Food Security
Kathleen Beegle (World Bank)
Emanuela Galasso (World Bank)
Jessica Goldberg (University of Maryland)
[View Abstract] [Download Preview]
Seasonal Liquidity Constraints and Off-Farm Labor Supply: Evidence from Zambia
Gunther Fink (Harvard University)
B. Kelsey Jack (Tufts University)
Felix Masiye (University of Zambia)
[View Abstract]
Discussants:
Seema Jayachandran (Northwestern University)
Christopher Barrett (Cornell University)
Jeremy Magruder (University of California-Berkeley)
Ahmed Mushfiq Mobarak (Yale University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Independence Ballroom
American Economic Association
The Economics of Secular Stagnation (A1)
Presiding: Robert E. Hall (Stanford University)
Secular Stagnation: A Supply Side View
Robert Gordon (Northwestern University)
Secular Stagnation: A Demand Side View
Lawrence H. Summers (Harvard University)
Does History Lend Any Support to the Secular Stagnation Hypothesis?
Barry Eichengreen (University of California-Berkeley)
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Discussants:
Robert E. Hall (Stanford University)
William Nordhaus (Yale University)
N. Gregory Mankiw (Harvard University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Back Bay Ballroom B
American Economic Association
The Undergraduate Origins of PhD Economists: Where Do They Come From and Advice to Programs (A2) (Panel Discussion)
Panel Moderator: Gail Hoyt (University of Kentucky)
John Siegfried (Vanderbilt University)
Wendy Stock (Montana State University)
Philip N. Jefferson (Swarthmore College)
Ellen Magenheim (Swarthmore College)
Jeffrey Miron (Harvard University)
Jenny Bourne (Carleton College)
Nathan Grawe (Carleton College)
Martha L. Olney (University of California-Berkeley)

Jan 03, 2015 2:30 pm, Sheraton Boston, Boston Common
American Economic Association
Violence-Domestic, Automobile, Drugs and Climate (I1)
Presiding: Melissa McInerney (Tufts University)
Stemming the Prescription Drug Abuse Epidemic: What Works
Dara Lee Luca (University of Missouri and Harvard University)
[View Abstract]
Health, Human Capital and Domestic Violence
Nicholas Papageorge (Johns Hopkins University)
Gwyn Pauley (Johns Hopkins University)
Barton Hamilton (Washington University-St. Louis)
Robert Pollak (Washington University-St. Louis)
[View Abstract]
Do Vehicle Crash Tests Save Lives? Impacts on Market Decisions and Accident Mortality
Damien Sheehan-Connor (Wesleyan University)
[View Abstract]
Crime, Civil Unrest, and Climate Change: Evidence from Latin America
Daniel L. Hicks (University of Oklahoma)
Beatriz Maldonado (College of Charleston)
[View Abstract]
Civil Conflict, Sex Ratio and Intimate Partner Violence in Rwanda
Giulia La Mattina (University of South Florida)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Hynes Convention Center, Room 208
American Economic Association
Well-Being: Measurement and Policies (I3, C8)
Presiding: Marc Fleurbaey (Princeton University)
What Do Happiness Data Mean? Evidence from a Survey of the Respondents
Daniel Benjamin (Cornell University)
Jakina Debnam (Cornell University)
Marc Fleurbaey (Princeton University)
Ori Heffetz (Cornell University)
Miles Kimball (University of Michigan)
[View Abstract]
Beyond GDP: From Subjective Well-Being to Living Standards Measurement
Romina Boarini (OECD)
Marc Fleurbaey (Princeton University)
Fabrice Murtin (OECD and Sciences Po)
Paul Schreyer (OECD)
[View Abstract]
Creative Destruction and Subjective Well-Being
Philippe Aghion (Harvard University)
Ufuk Akcigit (University of Pennsylvania)
Angus Deaton (Princeton University)
Alexandra Roulet (Harvard University)
[View Abstract] [Download Preview]
Big Data Measures of Well-Being: Evidence from a Google Stress Index on US States
Yann Algan (Sciences Po)
Florian Guyot (Sciences Po)
[View Abstract]
Discussants:
Fabrice Murtin (OECD and Sciences PO)
Jakina Debnam (Cornell University)
Florian Guyot (Sciences Po)
Alexandra Roulet (Harvard University)

Jan 03, 2015 2:30 pm, Westin Copley, Essex North
American Finance Association
Corporate Finance, Financial Institutions, and Financial Markets (G3)
Presiding: Gustavo Manso (University of California-Berkeley)
Bank Capital, Liquid Reserves, and Insolvency Risk
Julian Hugonnier (Ecole Polytechnique Federale de Lausanne)
Erwan Morellec (Ecole Polytechnique Federale de Lausanne)
[View Abstract] [Download Preview]
Financing as a Supply Chain: The Capital Structure of Banks and Borrowers
William Gornall (Stanford University)
Ilya Strebulaev (Stanford University)
[View Abstract] [Download Preview]
Household Risk Management
Adriano Rampini (Duke University)
S. "Vish" Viswanathan (Duke University)
[View Abstract] [Download Preview]
Market Efficiency and Real Efficiency: The Connect and Disconnect via Feedback Effects
Itay Goldstein (University of Pennsylvania)
Liyan Yang (University of Toronto)
[View Abstract] [Download Preview]
Discussants:
Dirk Hackbarth (Boston University)
Zhiguo He (University of Chicago)
Martin Oehmke (Columbia University)
Wei Xiong (Princeton University)

Jan 03, 2015 2:30 pm, Westin Copley, America North
American Finance Association
Ethical Norms in Finance (G1)
Presiding: Anjan Thakor (Washington University-St. Louis)
Do Fraudulent Firms Produce Abnormal Disclosures?
Gerard Hoberg (University of Southern California)
Craig Lewis (Vanderbilt University)
[View Abstract] [Download Preview]
Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence
Rui Albuquerque (Boston University)
Art Durnev (University of Iowa)
Yrjo Koskinen (University of Pennsylvania)
[View Abstract] [Download Preview]
Peer Effects and Corporate Corruption
Christopher Parsons (University of California-San Diego)
Johan Sulaeman (National University of Singapore)
Sheridan Titman (University of Texas-Austin)
[View Abstract]
The Cost of Friendship
Paul Gompers (Harvard University)
Vladimir Mukharlyamov (Harvard University)
Yuhai Xuan (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Radhakrishnan Gopalan (Washington University-St. Louis)
Kelly Shue (University of Chicago)
Rajkamal Iyer (Massachusetts Institute of Technology)
Manju Puri (Duke University)

Jan 03, 2015 2:30 pm, Westin Copley, America Center
American Finance Association
Expectation, Sentiment, and Asset Prices (G1)
Presiding: Stefan Nagel (University of Michigan)
Macroeconomic Uncertainty and Expected Stock Returns
Turan Bali (Georgetown University)
Stephen Brown (New York University)
Yi Tang (Fordham University)
[View Abstract] [Download Preview]
Interpreting Factor Models
Serhiy Kozak (University of Michigan)
Stefan Nagel (University of Michigan)
Shrihari Santosh (University of Maryland)
[View Abstract] [Download Preview]
Smart Money, Dumb Money, and Equity Return Anomalies
Ferhat Akbas (University of Kansas)
William Armstrong (Texas Tech University)
Sorin Sorescu (Texas A&M University)
Avanidhar Subrahmanyam (University of California-Los Angeles)
[View Abstract] [Download Preview]
Survey Expectations of Returns and Asset Pricing Puzzles
Maik Schmeling (City University London)
Ralph Koijen (London Business School)
Evert Vrugt (Independent)
[View Abstract] [Download Preview]
Discussants:
Juhani Linnainmaa (University of Chicago)
Kent Daniel (Columbia University)
Francesco Franzoni (University of Lugano)
Anna Cieslak (Northwestern University)

Jan 03, 2015 2:30 pm, Westin Copley, Essex South
American Finance Association
Hedge Funds (G2)
Presiding: Neng Wang (Columbia University)
Hedge Fund Ownership and Stock Market Efficiency
Charles Cao (Pennsylvania State University)
Bing Liang (University of Massachusetts-Amherst)
Andrew Lo (Massachusetts Institute of Technology)
Lubomir Petrasek (Federal Reserve Board)
[View Abstract] [Download Preview]
Noise Trader Risk and Hedge Fund Returns
Yong Chen (Texas A&M University)
Bing Han (University of Toronto)
Jing Pan (University of Utah)
[View Abstract] [Download Preview]
Recovering Managerial Risk Taking from Daily Hedge Fund Returns: Incentives at Work?
Olga Kolokolova (University of Manchester)
Achim Mattes (University of Konstanz)
[View Abstract] [Download Preview]
Do Hedge Funds Exploit Rare Disaster Concerns?
George Gao (Cornell University)
Pengjie Gao (University of Notre Dame)
Zhaogang Song (Federal Reserve Board)
[View Abstract]
Discussants:
Vikas Agarwal (Georgia State University)
Jianfeng Yu (University of Minnesota)
Jennifer Carpenter (New York University)
Itamar Drechsler (New York University)

Jan 03, 2015 2:30 pm, Westin Copley, Essex Center
American Finance Association
Liquidity Risk (G1)
Presiding: Jennifer Huang (Cheung Kong Graduate School of Business)
Liquidity Risk and the Dynamics of Arbitrage Capital
Peter Kondor (Central European University)
Dimitri Vayanos (London School of Economics)
[View Abstract] [Download Preview]
Flights to Safety
Lieven Baele (Tilburg University)
Geert Bekaert (Columbia University)
Koen Inghelbrecht (Ghent University)
Min Wei (Federal Reserve Board)
[View Abstract] [Download Preview]
Price Impact or Trading Volume: Why is the Amihud (2002) Illiquidity Measure Priced?
Xiaoxia Lou (University of Delaware)
Tao Shu (University of Georgia)
[View Abstract] [Download Preview]
Discussants:
Albert S. Kyle (University of Maryland)
Mathijs van Dijk (Erasmus University Rotterdam)
Joel Hasbrouck (New York University)

Jan 03, 2015 2:30 pm, Westin Copley, America South
American Finance Association
Private Equity (G2)
Presiding: Per Strömberg (Stockholm School of Economics)
What Do Private Equity Firms Do?
Paul Gompers (Harvard University)
Steven Kaplan (University of Chicago)
Vladimir Mukharlyamov (Harvard University)
[View Abstract] [Download Preview]
Placement Agents and Private Equity: Information Production or Influence Peddling?
Matthew Cain (U.S. Securities and Exchange Commission)
Steven Davidoff (Ohio State University)
Stephen McKeon (University of Oregon)
[View Abstract] [Download Preview]
Estimating Private Equity Returns from Limited Partner Cash Flows
Andrew Ang (Columbia University)
Bingxu Chen (Columbia University)
William Goetzmann (Yale University)
Ludovic Phalippou (University of Oxford)
[View Abstract] [Download Preview]
Skill and Luck in Private Equity Performance
Arthur Korteweg (University of Southern California)
Morten Sorensen (Columbia University)
[View Abstract] [Download Preview]
Discussants:
David T. Robinson (Duke University)
Yael Hochberg (Massachusetts Institute of Technology)
Arthur Korteweg (University of Southern California)
Andrew Metrick (Yale University)

Jan 03, 2015 2:30 pm, Westin Copley, Empire
American Real Estate & Urban Economic Association
Firm Location (R5, R3)
Presiding: Anthony Pennington-Cross (Marquette University)
Labor Force Diversity and the Survival and Growth of New Firms
Janet Kohlhase (University of Houston)
Mikaela Backman (Jönköping University)
[View Abstract] [Download Preview]
Spillovers from Universities: Evidence from the Land-Grant Program
Shimeng Liu (Syracuse University)
[View Abstract] [Download Preview]
Do Capital Tax Incentives Attract New Businesses? Evidence across Industries from the New Markets Tax Credit
Amanda Ross (West Virginia University)
Kaitlyn Harger (West Virginia University)
[View Abstract] [Download Preview]
Retail Agglomeration and Competition Externalities: Evidence from United States Multiline Department Stores
John Clapp (University of Connecticut)
Stephen L. Ross (University of Connecticut)
Tingyu Zhou (University of Connecticut)
[View Abstract]
Discussants:
Matthew Freedman (Drexel University)
Paul Carrillo (George Washington University)
Jesse Gregory (University of Wisconsin)
Jenny Schuetz (University of Southern California)

Jan 03, 2015 2:30 pm, Westin Copley, Great Republic
American Real Estate & Urban Economic Association
The Interaction between Housing and Labor Markets: Structural Approaches (J6, R2)
Presiding: Edward Coulson (University of Nevada-Las Vegas)
Moving to a Job: The Role of Home Equity, Debt, and Access to Credit
Yuliya Demyanyk (Federal Reserve Bank of Cleveland)
Dmytro Hryshko (University of Alberta)
Maria Jose Luengo-Prado (Northeastern University)
Brent Sorensen (University of Houston and CEPR)
[View Abstract] [Download Preview]
Foreclosure Delay and United States Unemployment
Kyle Herkenhoff (University of Minnesota)
Lee E. Ohanian (University of California-Los Angeles)
[View Abstract]
Gross Migration, Housing and Urban Population Dynamics
Morris Davis (University of Wisconsin)
Jonas D.M. Fisher (Federal Reserve Bank of Chicago)
Marcelo Veracierto (Federal Reserve Bank of Chicago)
[View Abstract]
Housing and Labor Market Vacancies
Yannis M. Ioannides (Tufts University)
Jeffrey E. Zabel (Tufts University)
[View Abstract] [Download Preview]
Discussants:
Kamila Sommer (Federal Reserve Board)
Satyajit Chatterjee (Federal Reserve Bank of Philadelphia)
Christopher Palmer (University of California-Berkeley)
Serena Rhee (University of Hawaii)

Jan 03, 2015 2:30 pm, Westin Copley, Defender
American Real Estate & Urban Economic Association
The Rental Market (R2, G1)
Presiding: Abdullah Yavas (University of Wisconsin)
Large-Scale Buy-to-Rent Investor Activity in the United States Single-Family Housing Market
Raven Molloy (Federal Reserve Board)
James Mills (Amherst Holdings)
Rebecca Zarutskie (Federal Reserve Board)
[View Abstract]
Housing Demand and Expenditures: How Local Rents Affect Costs-of-Living
Gabriel Ehrlich (Congressional Budget Office)
David Albouy (University of Illinois)
Yingyi Liu (University of Illinois)
[View Abstract]
Single Family Rentals: Demographic, Structural and Financial Forces Driving the New Business Model
Calvin Schnure (National Association of Real Estate Investment Trusts)
[View Abstract] [Download Preview]
Rent-to-Own Housing Contracts under Financial Constraints
Sanjiv Jaggia (California Polytechnic State University)
Pratish Patel (California Polytechnic State University)
[View Abstract]
Discussants:
Lynn Fisher (University of North Carolina)
Paul Anglin (University of Guelph)
Jim Clayton (Cornerstone Real Estate Advisers)
Jiro Yoshida (Pennsylvania State University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Tremont
Association for Comparative Economic Studies/American Economic Association
Politics, Ownership, and Economic Outcomes (O1, P5)
Presiding: Dennis Tao Yang (University of Virginia)
Democracy Does Cause Growth
Daron Acemoglu (Massachusetts Institute of Technology)
Suresh Naidu (Massachusetts Institute of Technology)
Pascual Restrepo (Massachusetts Institute of Technology)
James A. Robinson (Harvard University)
[View Abstract] [Download Preview]
Does Economic Growth Reduce Corruption? Theory and Evidence from Vietnam
Jie Bai (Massachusetts Institute of Technology)
Seema Jayachandran (Northwestern University)
Edmund Malesky (Duke University)
Benjamin A. Olken (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Recasting the Iron Rice Bowl: The Evolution of China’s State Owned Enterprises
Daniel Berkowitz (University of Pittsburgh)
Hong Ma (Tsinghua University)
Shuichiro Nishioka (West Virginia University)
[View Abstract] [Download Preview]
Crony Capitalism with Chinese Characteristics
Chong-En Bai (Tsinghua University)
Chang-Tai Hsieh (University of Chicago)
Michael Song (University of Chicago)
[View Abstract]
Discussants:
Werner Troesken (University of Pittsburgh)
Rebecca Diamond (Stanford University)
Xiaodong Zhu (University of Toronto)
Yasheng Huang (Massachusetts Institute of Technology)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Maine
Association for Economic & Development Studies in Bangladesh
Development Issues on Bangladesh (O1, D1)
Presiding: Fahad Khalil (University of Washington)
Do Parents Selectively Time Birth Relative to Ramadan? Evidence from Matlab, Bangladesh
Md. Nazmul Ahsan (University of Southern California)
[View Abstract] [Download Preview]
Evolution of Mehr and Dowry among Muslims in Bangladesh: Natural Shocks as an Explanation
Shyamal Chowdhury (University of Sydney)
Debdulal Mallick (Deakin University)
[View Abstract] [Download Preview]
Economic Impact of Political Protests (Strikes) on Firms: Evidence from Bangladesh
Abu Shonchoy (Institute of Developing Economies-JETRO and University of Tokyo)
Kenmei Tsubota (Institute of Developing Economies-JETRO)
[View Abstract]
Seasonal Migration and Risk Sharing in Bangladesh
Melanie Morten (Stanford University)
Costas Meghir (Yale University and Institute for Fiscal Studies)
Ahmed Mushfiq Mobarak (Yale University)
Corina Mommaerts (Yale University)
[View Abstract] [Download Preview]
Discussants:
Douglas Almond (Columbia University)
Andrew D. Foster (Brown University)
Tanjim Hossain (University of Toronto)
Alessandra Voena (University of Chicago)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Theorizing and Modeling in Institutional Economics (B5)
Presiding: Lynne Chester (University of Sydney)
Beyond Foundations: Systemism in Economic Thinking
Jakob Kapeller (Johannes Kepler University-Linz)
[View Abstract] [Download Preview]
Agent-Based Computational Models: A Useful Heuristic for Institutional Pattern Modeling?
Wolfram Elsner (University of Bremen)
Claudius Grabner (University of Bremen)
[View Abstract] [Download Preview]
Real Sector and R & D Investment Policy: Basic Institutional Models
Svetlana Kirdina (Russian Academy of Sciences)
[View Abstract] [Download Preview]
Metricsmeta about a Meta Metric: A Critical History of the Price Level
Merijn Knibbe (Van Hall Larenstein University of Applied Sciences)
[View Abstract] [Download Preview]
Economic Waste and Social Provisioning: Veblen and Keynes on the Wealth Effect
John P. Watkins (Westminster College)
[View Abstract] [Download Preview]
Discussants:
Franziska Bassen (University of Erfurt)
Mitch Green (Franklin and Marshall College)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Yarmouth
Association for the Study of Cuban Economy
Puerto Rico and Cuba (P2, O1)
Presiding: Carlos Seiglie (Rutgers University)
What Ever Happened to the Puerto Rican Sugar Manufacturing Industry?
James A. Schmitz (Federal Reserve Bank of Minneapolis)
[View Abstract] [Download Preview]
Arrested Development? Puerto Rico in the American Century
John Devereux (City University of New York-Queens College)
[View Abstract] [Download Preview]
Where Are All the Yankees? Ownership and Entrepreneurship in Cuban Sugar, 1898-1921
Alan Dye (Barnard College)
Discussants:
Luis Locay (University of Miami)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon I
Association for the Study of Generosity in Economics
Fundraising Experiments (H4, D6)
Presiding: Jeffrey Carpenter (Middlebury College)
A Field Experiment on Directed Giving at a Public University
Catherine C. Eckel (Texas A&M University)
David Herberich (Sears Holdings Corporation)
Jonathan Meer (Texas A&M University and NBER)
[View Abstract] [Download Preview]
Charitable Raffle Design: Lessons from a Field Experiment
Jeffrey Carpenter (Middlebury College)
Peter Hans Matthews (Middlebury College)
[View Abstract] [Download Preview]
The Effect of Effectiveness: Donor Response to Aid Effectiveness in a Direct Mail Fundraising Experiment
Dean Karlan (Yale University)
Daniel Wood (Clemson University)
[View Abstract] [Download Preview]
Using Targeted Messages to Get People to Pick, Click, Give: A Natural Field Experiment in the State of Alaska
John List (University of Chicago)
Michael Price (Georgia State University)
Anya Savikhin Samek (University of Wisconsin-Madison)
[View Abstract]
Discussants:
Peter Hans Matthews (Middlebury College)
Catherine C. Eckel (Texas A&M University)
Michael Price (Georgia State University)
Dean Karlan (Yale University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Massachusetts
Association of Christian Economists
Economics of the Family: Contemporary Issues and Empirical Challenges (D1)
Presiding: Catherine R. Pakaluk (Ave Maria University)
The Effect of Parental Time Investments: Evidence from Natural Within-Family Variation
Joseph P. Price (Brigham Young University)
Ariel Kalil (University of Chicago)
[View Abstract]
Do Migrants Adapt to Fertility Patterns in Destination Countries? Evidence from OECD Countries
Alicia Adsera (Princeton University)
Ana Ferrer (University of Waterloo)
[View Abstract]
Fighting AIDS, Changing Teen Pregnancy? The Incidental Fertility Effects of School Condom Distribution Programs
Kasey Buckles (University of Notre Dame)
Daniel Hungerman (University of Notre Dame)
[View Abstract] [Download Preview]
The Paradox of the Pill
Andrew Wyatt Beauchamp (Boston College)
Catherine R. Pakaluk (Ave Maria University and Stein Center for Social Research)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Valuation and Amenities (Q5, H4)
Presiding: Dan Phaneuf (University of Wisconsin)
Why Do Discrete Choice Approaches to Valuing Urban Amenities Yield Different Results Than Hedonic Models?
Paramita Sinha (RTI International)
Martha Caulkins (University of Maryland)
Maureen Cropper (University of Maryland)
[View Abstract] [Download Preview]
Benefits and Ancillary Costs of Constructed Dunes: Evidence from the New Jersey Coast
Steven Dundas (North Carolina State University)
[View Abstract] [Download Preview]
An Imperfect Storm: How FEMA, Private Hurricane Insurers, and Climate Change Can Create Inefficient Coastal Housing Markets and Impose a Burden on Inland Taxpayers
Marc Conte (Fordham University)
David L. Kelly (University of Miami)
[View Abstract]
The Net Value of Open Space: Regression Discontinuity Evidence from Ballot Initiatives
Corey Lang (University of Rhode Island)
[View Abstract]
Discussants:
Dan Phaneuf (University of Wisconsin)
Eric Edwards (Utah State University)
Craig Landry (East Carolina State University)
Nicolai Kuminoff (Arizona State University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Clarendon Room
Cliometrics Society
Economic History in the Long Run (N1)
Presiding: Robert Margo (Boston University)
The Economic Effects of Long-Term Climate Change: Evidence from the Little Ice Age, 1500-1750
Maria Waldinger (London School of Economics)
[View Abstract] [Download Preview]
A VAR Analysis of the Transportation Revolution in Europe
Marta Felis (Universidad Autonoma de Madrid)
[View Abstract] [Download Preview]
Economic History and Economic Development: New Economic History in Retrospect and Prospect
Peter Temin (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Melissa Dell (Harvard University)
Erik Hornung (Max Planck Institute)
Robert Margo (Boston University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon H
Econometric Society
Business Cycles (E1)
Presiding: Xavier Gabaix (New York University)
A Bayesian DSGE Model of Stock Market Bubbles and Business Cycles
Jianjun Miao (Boston University)
[View Abstract] [Download Preview]
Investment-Specific Technology Changes: The Source of Anticipated TFP Fluctuations
Kaiji Chen (Emory University)
Edouard Oumarou Wemy (Emory University)
[View Abstract] [Download Preview]
Sparse Dynamic Programming and Aggregate Fluctuations
Xavier Gabaix (New York University)
[View Abstract] [Download Preview]
Uncertain Technological Change
Xiaohan Ma (George Washington University)
Roberto M. Samaniego (George Washington University)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon E
Econometric Society
Empirical Analyses of Selling Mechanisms in Dynamic Environments (D4)
Presiding: Glenn Ellison (Massachusetts Institute of Technology)
An Empirical Analysis of Informationally Restricted Dynamic Auctions of Used Cars
Sungjin Cho (Seoul National University)
Harry John Paarsch (Amazon)
John Rust (Georgetown University)
[View Abstract]
Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning
Guofang Huang (Carnegie Mellon University)
Hong Luo (Harvard Business School)
Jing Xia (Harvard University)
[View Abstract]
Primary-Market Auctions for Event Tickets: Eliminating the Rents of "Bob the Broker"
Eric Budish (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Jakub Kastl (Stanford University)
Bradley Larsen (Stanford University)
Glenn Ellison (Massachusetts Institute of Technology)

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon F
Econometric Society
Schooling Decisions: Intended and Unintended Consequences of Public Policies (O1)
Presiding: Nishith Prakash (University of Connecticut)
Incentivizing Schooling with the College Dream: Evidence from China's College Expansion
Yinghua He (Toulouse School of Economics)
Yaohui Zhao (Peking University)
[View Abstract] [Download Preview]
Does Who You Know Matter? Unraveling the Influence of Student Networks on Academic Performance
Tarun Jain (Indian School of Business)
[View Abstract]
How Does a Hard Manual Labor Experience during Youth Affect Education Attainment and Income? The Long-Term Impact of the Send-Down Program during the Chinese Cultural Revolution
Weina Zhou (Dalhousie University)
[View Abstract] [Download Preview]
Cycling to School: Increasing Secondary School Enrollment for Girls in India
Karthik Muralidharan (University of California-San Diego)
Nishith Prakash (University of Connecticut)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon D
Econometric Society
Structural Models of Family Interactions (J1, L1)
Presiding: Judith Chevalier (Yale University)
Deadbeat Dads
Meghan Skira (University of Georgia)
Andrew Wyatt Beauchamp (Boston College)
Geoffrey Todd Sanzenbacher (Boston College)
Shannon Seitz (Boston College)
[View Abstract] [Download Preview]
The Value of Remarriage: Welfare Effects of Divorce Legalization
Sekyu Choi (Universitat Autonoma de Barcelona)
M. Clement Joubert (University of North Carolina)
[View Abstract]
Degrees are Forever: Marriage, Educational Investment, and Lifecycle Labor Decisions of Men and Women
Mary Ann Bronson (Georgetown University)
Discussants:
Matthew Wiswall (Arizona State University)
Meta Brown (Federal Reserve Bank of New York)
Victoria Liza Prowse (Cornell University)

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon A
Econometric Society
Theories of Group Formation (D8)
Presiding: Mariagiovanna Baccara (Washington University-St. Louis)
Targeted versus Collective Information Sharing in Networks
Alexey Kushnir (University of Zurich)
Alexandru Nichifor (University of St. Andrews)
[View Abstract] [Download Preview]
Choice and Matching
M. Bumin Yenmez (Carnegie Mellon University)
Christopher Chambers (University of California-San Diego)
[View Abstract] [Download Preview]
Two-Sided Matching with Endogenous Preferences
Yair Antler (Tel Aviv University)
[View Abstract] [Download Preview]
A Belief-Based Theory of Homophily
Willemien Kets (Northwestern University)
Alvaro Sandroni (Northwestern University)
[View Abstract] [Download Preview]

Jan 03, 2015 2:30 pm, Sheraton Boston, Beacon G
Econometric Society
Topics in Dynamic Contracting (C1)
Presiding: Leeat Yariv (California Institute of Technology)
Efficiency in General Agency Models with Imperfect Public Monitoring
Anqi Li (Washington University-St. Louis)
[View Abstract] [Download Preview]
Repeated Bargaining: A Mechanism Design Approach
Rohit Lamba (Princeton University)
[View Abstract]
Taxation under Learning-by-Doing: Incentives for Endogenous Types
Miltiadis Makris (University of Southampton)
Alessandro Pavan (Northwestern University)
[View Abstract]

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Wellesley
Economic Science Association
Macroeconomic Experiments (C9, E5)
Presiding: John Duffy (University of California-Irvine)
Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs
Janet Hua Jiang (Bank of Canada)
Jasmina Arifovic (Simon Fraser University)
[View Abstract] [Download Preview]
Managing Self-Organization of Expectations through Monetary Policy: A Macro Experiment
Tiziana Assenza (Catholic University Milan)
Peter Heemeijer (ABN Amro Bank)
Cars H. Hommes (University of Amsterdam)
Domenico Massaro (University of Amsterdam)
[View Abstract] [Download Preview]
Monetary Policy and Central Bank Communication in Expectations-Driven Liquidity Traps
Luba Petersen (Simon Fraser University)
Jasmina Arifovic (Simon Fraser University)
[View Abstract] [Download Preview]
Central Bank Reputation, Cheap Talk and Transparency as Substitutes for Commitment: Experimental Evidence
John Duffy (University of California-Irvine)
Frank Heinemann (Technical University Berlin)
[View Abstract]

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom--Salon E
Economists for Peace & Security
Inequality: Challenge of the Century? (E6) (Panel Discussion)
Panel Moderator: James Galbraith (University of Texas-Austin)
Olivier Giovannoni (Bard College)
Branko Milanovic (City University of New York)
Stephen Rose (George Washington Institute of Public Policy)
Joseph E. Stiglitz (Columbia University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Provincetown
Health Economics Research Organization
Behavioral Responses to Health Information (I1, H8)
Presiding: Michael Grossman (City University of New York, NBER and IZA)
If My Blood Pressure Is High, Do I Take It to Heart? Behavioral Impacts of Biomarker Collection in the Health and Retirement Study
Ryan Edwards (Queens College and NBER)
[View Abstract]
Publicly-Provided Health Insurance and Ex Ante Moral Hazard: The Case of Medicaid Expansions for Pregnant Women
Robert Kaestner (University of Illinois-Chicago and NBER)
Dhaval M. Dave (Bentley University and NBER)
George Wehby (University of Iowa and NBER)
[View Abstract]
Moral Hazard and Less Invasive Medical Treatment for Coronary Artery Disease: An Analysis of Smoking in the National Health Interview Survey
Jesse Margolis (City University of New York)
Jason Hockenberry (Emory University and NBER)
Michael Grossman (City University of New York, NBER and IZA)
Shin-Yi Chou (Lehigh University and NBER)
[View Abstract] [Download Preview]
Diabetes Diagnosis and Subsequent Exercise Participation among Older Americans
Kenneth Chay (Brown University and NBER)
Leigh Ann Leung (New York City Department of Finance)
Shailender Swaminathan (Brown University)
[View Abstract] [Download Preview]
Discussants:
Jason Hockenberry (Emory University and NBER)
Joshua Graff Zivin (University of California-San Diego and NBER)
Dhaval M. Dave (Bentley University and NBER)
Paul Glewwe (University of Minnesota)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon H
Industrial Organization Society
The Industrial Organization of Financial Services (L1)
Presiding: Jean-Francois Houde (University of Pennsylvania)
Advertising, Consumer Awareness and Choice: Evidence from the United States Banking Industry
Elisabeth Honka (University of Texas)
Ali Hortacsu (University of Chicago)
Maria Ana Vitorino (University of Minnesota)
[View Abstract] [Download Preview]
Advertising Expensive Mortgages
Umit Gurun (University of Texas-Dallas)
Gregor Matvos (University of Chicago)
Amit Seru (University of Chicago)
[View Abstract]
Competition and Customer Acquisition in the United States Credit Card Market
Daniel Grodzicki (Pennsylvania State University)
[View Abstract]
Search Frictions and Market Power in Price Negotiated Markets
Jason Allen (Bank of Canada)
Robert Clark (HEC Montreal)
Jean-Francois Houde (University of Pennsylvania)
[View Abstract]
Discussants:
Marc Rysman (Boston University)
Michael Grubb (Boston College)
Victor Stango (University of California-Davis)
Alessandro Gavazza (London School of Economics)

Jan 03, 2015 2:30 pm, Sheraton Boston, The Fens
International Health Economics Association/American Economic Association
Recent Trends in National Health Spending - Ripple or Tide? (I1)
Presiding: David Cutler (Harvard University)
Macro Changes in Income and Health Spending
Louise Sheiner (Brookings Institution)
[View Abstract] [Download Preview]
Medicare’s Role in the Recent Health Care Spending Slowdown
Chapin White (RAND Corporation)
[View Abstract] [Download Preview]
Why Has Medicare FFS Spending Growth Slowed? A Disease Treatment Perspective
Abe Dunn (U.S. Bureau of Economic Analysis)
[View Abstract]
Long-Run Dynamics of National Medical Expenditures
Thomas E. Getzen (Temple University)
[View Abstract] [Download Preview]
Discussants:
Stephen K. Heffler (Office of the Chief Actuary)
David Cutler (Harvard University)
Charles Roehrig (Altarum Institute)
Wesley Yin (University of California-Los Angeles)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Harvard
International Network for Economic Method
Methodological Perspectives on the Study of Inequality (B2, I3)
Presiding: Erik Angner (George Mason University)
Inequality in Well-Being: The Unequal Pursuit of Happiness in the United States and Beyond
Carol Graham (Brookings Institution)
[View Abstract] [Download Preview]
Richer (and Holier) than Thou? The Effect of Relative Income Improvements on Demand for Redistribution
Johanna Mollerstrom (George Mason University)
[View Abstract] [Download Preview]
A Modest Philosophical Comment on the Economics of Inequality
Mark D. White (College of Staten Island)
The Study of Inequality as a Case Study of Values in Economics
Erik Angner (George Mason University)
[View Abstract]
Discussants:
Maria Pia Paganelli (Trinity University)
Lisa Kramer (University of Toronto)

Jan 03, 2015 2:30 pm, Westin Copley, North Star
Labor & Employment Relations Association
Prospects for Egalitarian Capitalism: European Lessons for American Industrial Relations? (J5)
Presiding: Thomas A. Kochan (Massachusetts Institute of Technology)
Engaging Business in Broader Social Goals
Cathie Jo Martin (Boston University)
[View Abstract] [Download Preview]
European Social Models during the Great Recession
Andrew Martin (Harvard University)
[View Abstract]
European Union Strategies toward Labor Market Reforms
Tobias Schulze-Cleven (Rutgers University)
[View Abstract]
Discussants:
Adrienne Eaton (Rutgers University)

Jan 03, 2015 2:30 pm, Westin Copley, Courier
Labor & Employment Relations Association
Unemployment Insurance and Labor Market Outcomes (J4)
Presiding: Stephen A. Woodbury (Michigan State University)
Does Extending Unemployment Benefits Improve Job Quality?
Arash Nekoei (IIES Stockholm University)
Andrea Weber (University of Mannheim)
[View Abstract]
The Effects of Eliminating the Work Search Requirement on Match Quality and Other Long-Term Employment Outcomes
Marta Lachowska (W.E. Upjohn Institute)
Merve Meral (University of Massachusetts-Dartmouth)
Stephen A. Woodbury (Michigan State University)
[View Abstract]
Unemployment Insurance and Disability Insurance in the Great Recession
Andreas Mueller (Columbia University)
Till von Wachter (University of California-Los Angeles)
Jesse Rothstein (University of California-Berkeley)
[View Abstract] [Download Preview]
Work Sharing as an Alternative to Cyclical Layoffs
Susan N. Houseman (W.E. Upjohn Institute)
[View Abstract]
Discussants:
Wayne Vroman (Urban Institute)
Zhuan Pei (Brandeis University)

Jan 03, 2015 2:30 pm, Westin Copley, Helicon
Labor & Employment Relations Association
Using Meta-Analysis to Understand Labor Market Issues (J4)
Presiding: Dale Belman (Michigan State University)
Meta-Regression Analysis: Seeing through the Biases of Economics
Tom Stanley (Hendrix College)
[View Abstract]
What Do Unions Do? A Meta-Analytic Structural Equation Model (MASEM) of the Effects of Unions on Firm Performance
Patrice Laroche (ESCP Europe Business School)
Chris Doucouliagos (Deakin University)
[View Abstract]
A Meta-Analysis of Recent Active Labor Market Programs
David Card (University of California-Berkeley)
Jochen Kluve (Humbolt Universität-Berlin)
Andrea Weber (University of Mannheim)
[View Abstract]
A Meta-Analysis of the Effect of the Minimum Wage on Employment and Hours
Paul Wolfson (Dartmouth College)
Dale Belman (Michigan State University)
[View Abstract]
Discussants:
Tom Stanley (Hendrix College)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Tufts
Middle East Economic Association
MENA Countries and Financial Institutions (G2)
Presiding: Hassan Y. Aly (Ohio State University)
Financial Deepening in GCC
Abdullah Al-Hassan (International Monetary Fund)
Ali Alsadiq (International Monetary Fund)
[View Abstract]
Does Privatization Enhance the Performance of Banks? Evidence from Egypt
Ahmed Kamaly (American University-Cairo)
Sara Elezaby (American University-Cairo)
[View Abstract] [Download Preview]
On the Impact of Macroprudential Policy in Selected MENA Countries
Noha Emara (Rutgers University)
Ayah El Said (City University London)
[View Abstract]
Choice of Financing in a Borrowing-Constrained Economy and Long-Term Profitability Effects
Seza Danisoglu (Middle East Technical University)
Nuray Guner (Middle East Technical University)
Zeynep Onder (Bilkent University)
[View Abstract] [Download Preview]
The Economic Impact of Energy Consumption Subsidies in the GCC Countries
Mahmoud Al Iriani (Dubai Economic Council)
Mohamed Trabelsi (Dubai Economic Council)
[View Abstract]
Discussants:
Wassim Shahin (Lebanese American University)
Abdelnacer Bouteldja (University of Tlemcen)
Alpay Filiztekin (Sabanci University)
Ibrahim Ahmed Elbadawi (Dubai Economic Council and The Economic Research Forum)
Ahmed Kamaly (American University in Cairo)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom--Salons J & K
National Association for Business Economics/American Economic Association
Monetary Policy Normalization: Graceful Exit or Bumpy Ride? (E5, E6) (Panel Discussion)
Panel Moderator: Kevin Kliesen (Federal Reserve Bank of St. Louis)
Mark Gertler (New York University)
Marvin Goodfriend (Carnegie Mellon University)
Athanasios Orphanides (Massachusetts Institute of Technology)
Eric S. Rosengren (Federal Reserve Bank of Boston)
Jeremy Stein (Harvard University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Suffolk
National Association of Forensic Economics
Forensic Economics II (K2, K2)
Presiding: Ed Foster (University of Minnesota)
Current-Rate Method of Loss Estimation in Personal Injury Cases
Scott Gilbert (Southern Illinois University-Carbondale)
[View Abstract]
Medical Net Discount Rates: Updated and Re-Examined
Robert Baumann (College of the Holy Cross )
David Schap (College of the Holy Cross )
[View Abstract] [Download Preview]
Pricing Discounts in Forensic Economics
Kurt Krueger (John Ward Economics)
Gary Albrecht (Albrecht Economics Inc)
[View Abstract] [Download Preview]
Discussants:
Charles Baum (Middle Tennessee State University)
Kevin Cahill (Sloan Center on Aging and Work)
Larry Spizman (State University of New York-Oswego)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, New Hampshire
National Economic Association/Union for Radical Political Economics
The Great Recession and Implications for African Americans (E2)
Presiding: Fred Moseley (Mount Holyoke College)
The Impact of the Great Recession and the American Recovery and Reinvestment Act of 2009 (ARRA) on the Occupational Segregation of Black Men
Michelle Holder (City University of New York-John Jay College)
[View Abstract]
Surviving the Storm: Race, Resiliency, Privilege, and Household Wealth, 2007-09
Robert Williams (Guilford College)
[View Abstract]
The Great Recession and Racial Inequality: Evidence from Measures of Economic Well-Being
Thomas Masterson (Levy Economics Institute of Bard College)
Ajit Zacharias (Levy Economics Institute of Bard College)
Edward Nathan Wolff (New York University)
Fernando Rios-Avila (Levy Economics Institute of Bard College)
[View Abstract] [Download Preview]
Nest Eggs and Today's Breakfast: Financial Burdens of African Americans during the Great Recession and Their Implications for Retirement Saving
Ngina S. Chiteji (New York University)
[View Abstract]
Discussants:
Terry-Ann Craigie (Connecticut College)
Valerie Wilson (Economic Policy Institute)
Willene Johnson (Komaza, Inc.)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon D
Society for Economic Dynamics
Rigidities and Macroeconomic Dynamics (E3)
Presiding: Yuriy Gorodnichenko (University of California-Berkeley)
Informational Rigidities and the Stickiness of Temporary Sales
Eric Anderson (Northwestern University)
Emi Nakamura (Columbia University)
Duncan Simester (Massachusetts Institute of Technology)
Jón Steinsson (Columbia University)
[View Abstract] [Download Preview]
Inflation Dynamics during the Financial Crisis
Simon Gilchrist (Boston University)
Raphael Schoenle (Brandeis University)
Jae W. Sim (Federal Reserve Board)
Egon Zakrajsek (Federal Reserve Board)
[View Abstract]
How Do Firms Form Their Expectations? New Survey Evidence
Olivier Coibion (University of Texas-Austin)
Yuriy Gorodnichenko (University of California-Berkeley)
Saten Kumar (Auckland University of Technology)
[View Abstract]
Menu Costs, Uncertainty Cycles, and the Propagation of Nominal Shocks
Isaac Baley (New York University)
Julio A. Blanco (New York University)
[View Abstract] [Download Preview]
Discussants:
Ben Malin (Federal Reserve Bank of Minneapolis)
Ruediger Bachmann (University of Notre Dame)
Justin Wolfers (University of Michigan)
Ricardo Reis (Columbia University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
Heterodox Macroeconomics (E6)
Presiding: David Kotz (University of Massachusetts-Amherst)
Capital Flows and Credit Expansion in the Post-2008 Era: A Cross-Country Examination
Özgür Orhangazi (Kadir Has University Istanbul)
[View Abstract]
Keynes is Dead -- Long Live Marx
Ismael Hossein-zadeh (Drake University)
[View Abstract] [Download Preview]
Mainstream Growth Theory: Are the Optimistic Pro-Growth Conclusions Driven by Models or Mindset?
Hendrik Van den Berg (University of Nebraska)
[View Abstract] [Download Preview]
Neoliberalism, Income Distribution, and Growth
Tanadej Vechsuruck (University of Utah)
[View Abstract]
The Rise and Fall of (Industrial) Capitalism
Stephen Bannister (University of Utah)
[View Abstract]
Discussants:
David Kotz (University of Massachusetts-Amherst)
Erdogan Bakir (Bucknell University)

Jan 03, 2015 2:30 pm, Boston Marriott Copley, Orleans
Union for Radical Political Economics/International Association for Feminist Economics
Race and Gender Differences in Wealth (J1)
Presiding: Samuel Myers (University of Minnesota)
Racial Differences in Wealth in Five Cities in the United States
William A. Darity, Jr. (Duke University)
[View Abstract]
Race and Debt in Five Cities in the United States
Darrick Hamilton (New School)
[View Abstract]
Are Racial Differences in Wealth Explained by Birth or Worth?
Marlene Kim (University of Massachusetts-Boston)
[View Abstract]
Gender Differences in Wealth
Mariko Chang (University of Minnesota)
[View Abstract]
Wealth accumulation, race, and extended family networks: New findings from the PSID
Johan Uribe (University of Utah)
[View Abstract] [Download Preview]
Discussants:
Samuel Myers (University of Minnesota)

Jan 03, 2015 4:45 pm, Sheraton Boston, Grand Ballroom
American Economic Association
Richard T. Ely Lecture
Presiding: Richard Thaler (University of Chicago)
Raj Chetty (Harvard University) Behavioral Economics and Public Policy

Jan 03, 2015 4:45 pm, Westin Copley, America Center
Labor & Employment Relations Association
LERA Plenary: Rules of Engagement: Promoting Prosperity Through Labor Standards Enforcement (J8)
Presiding: William Rodgers III (Rutgers University)
Contemporary Challenges of Securing Strong Labor Standards
David Weil (U.S. Department of Labor)
[View Abstract]
Strengthening Enforcement through Government and Civil Society Collaborations
Janice Fine (Rutgers University)
[View Abstract]

Jan 03, 2015 6:00 pm, Sheraton Boston, Back Bay Ballroom D
African Finance & Economics Association
Presidential Address and Dinner

Jan 03, 2015 6:00 pm, Sheraton Boston, Grand Ballroom
American Economic Association
Business Meeting

Jan 03, 2015 8:00 pm, Sheraton Boston, Republic Ballroom A & B
American Economic Association
5th Annual Music Session (Y9)
Presiding: Stephen Wu (Hamilton College)
Classical Piano
Natalia Bodrug (Norwegian Business School)
Solo Guitar
Jerry Hionis (Widener University)
[View Abstract]
Jazz Combo
Gerald Auten (Treasury Department: Trumpet)
Daniel Berkowitz (University of Pittsburgh: Alto Saxophone)
Edward Gamber (Lafayette College: Guitar)
Donald Hausch (University of Wisconsin: Trumpet)
William Horrace (Syracuse University: Bass)
Alan Spearot (University of California-Santa Cruz: Drums)
Charles Whalen (Congressional Budget Office: Trumpet)
Stephen Wu (Hamilton College: Piano)
[View Abstract] [Download Preview]
Rhythm and Blues Band, "Soul on the Edge"
Dan Lomba (Bridgewater State University: Bass)
Kevin Gomes (Vocals)
Beverly Hilliard (Vocals)
Zack Rezendes (Guitar, Vocals)
Charles Viau (Drums)


Jan 04, 2015

Jan 04, 2015 7:45 am, Boston Marriott Copley, Grand Ballroom--Salon E
Association for Social Economics
ASE Presidential Breakfast -- Fee Event
Presiding: Ellen Mutari (Richard Stockton College of New Jersey)
Mark D. White (College of Staten Island/City University of New York) Judgement: Balancing Principle and Policy

Jan 04, 2015 8:00 am, Westin Copley, St. George D
Agricultural & Applied Economics Association
The 2014 Farm Bill: An Economic Post Mortem (Q1)
Presiding: Brian Wright (University of California-Berkeley)
The Political Economy of the 2014 Farm Bill
David Orden (Virginia Tech and IFPRI)
Carl Zulauf (Ohio State University)
[View Abstract] [Download Preview]
50 Shades of Amber:The 2014 Farm Bill and the WTO
Joseph W. Glauber (USDA Office of the Chief Economist)
Patrick Westhoff (University of Missouri)
[View Abstract] [Download Preview]
The Economic Welfare Impacts of the New Agricultural Insurance and Shallow Loss Programs
Vincent H. Smith (Montana State University)
Anton Bekkerman (Montana State University)
Myles J. Watts (Montana State University)
[View Abstract] [Download Preview]
Long-run and Global R&D Funding Trajectories: The U.S. Farm Bill in a Changing Context
Philip G. Pardey (University of Minnesota)
Jason Beddow (University of Minnesota)
Connie Chan-Kang (University of Minnesota)
[View Abstract] [Download Preview]
Discussants:
Brian Wright (University of California-Berkeley)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon A
American Committee on Asian Economic Studies/American Economic Association
The Indispensable Relationship: China-United States Economic Interdependence (F4)
Presiding: Justin Yifu Lin (Peking University)
Financial Reform in China and Implications for China-United States Economic Relations
Yiping Huang (Peking University)
[View Abstract]
Trade between China and the United States: History and Prospects
Peter A. Petri (Brandeis University)
Michael G. Plummer (Johns Hopkins University)
Fan Zhai (China Investment Corporation)
[View Abstract]
United States-China Two-Way Direct Investment: Opportunities and Challenges
David Dollar (Brookings Institution)
[View Abstract] [Download Preview]
China’s Strategy toward a Knowledge-Based Economy
Binkai Chen (Central University of Finance and Economics)
Rudai Yang (Peking University)
Yang Yao (Peking University)
[View Abstract]
Discussants:
Wendy Dobson (University of Toronto)
Gary Jefferson (Brandeis University)
Steven L. Husted (University of Pittsburgh)
Richard Pomfret (University of Adelaide)

Jan 04, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
Assessing the Effectiveness of India's Largest Public Works Program - National Rural Employment Guarantee Scheme (O1, J1)
Presiding: Christopher Barrett (Cornell University)
Why Guarantee Employment? Evidence from a Large Indian Public-Works Program
Laura Zimmermann (University of Michigan)
[View Abstract] [Download Preview]
Short-Term Migration and Rural Workfare Programs: Evidence from India
Clement Imbert (Paris School of Economics)
John Paap (Princeton University)
[View Abstract]
Female Labor Force Participation and Child Education in India: Evidence from the National Rural Employment Guarantee Scheme
Farzana Afridi (ISI Delhi)
Abhiroop Mukhopadhyay (ISI Delhi)
Soham Sahoo (ISI Delhi)
[View Abstract]
Impact of the NREGS on Schooling and Intellectual Human Capital
Subha Mani (Fordham University)
Jere R. Behrman (University of Pennsylvania)
Shaikh Galab (Centre for Economic and Social Studies)
Prudhvikar Reddy (Centre for Economic and Social Studies)
[View Abstract]
Discussants:
Subha Mani (Fordham University)
Abhiroop Mukhopadhyay (ISI Delhi)
Clement Imbert (Paris School of Economics)
Laura Zimmermann (University of Michigan)

Jan 04, 2015 8:00 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
Banking, Financial Crises, and Behavioral Finance (E4, G1)
Presiding: Ulrike Malmendier (University of California-Berkeley)
Lending Booms, Smart Bankers and Financial Crises
Anjan Thakor (Washington University-St. Louis)
[View Abstract] [Download Preview]
Bank Risk-Taking and Bank History
Christa Bouwman (Texas A & M University)
Ulrike Malmendier (University of California-Berkeley)
[View Abstract]
Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low Risk Anomaly
Malcolm Baker (Harvard Business School)
Jeffrey Wurgler (New York University)
[View Abstract] [Download Preview]
Neglected Risk and the Financial Crisis
Nicola Gennaioli (Università Bocconi and IGIER)
Robert W. Vishny (University of Chicago)
Andrei Shleifer (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Zhiguo He (University of Chicago)
Rüdiger Fahlenbrach (Ecole Polytechnique Fédérale de Lausanne)
Justin Murfin (Yale University)
Wei Xiong (Princeton University)

Jan 04, 2015 8:00 am, Sheraton Boston, Independence Ballroom East
American Economic Association
Consumer Credit Behavior (G2)
Presiding: Mark D. Manuszak (Federal Reserve Board)
Consumer Borrowing after Payday Loan Bans
Tatiana Homonoff (Cornell University)
Jacob Goldin (Princeton University)
[View Abstract] [Download Preview]
Credit Register's Memory
Sergei Kovbasyuk (EIEF)
Giancarlo Spagnolo (Stockholm School of Economics and University of Rome Tor Vergat)
[View Abstract]
The Economics of Debt Collection: Enforcement of Consumer Credit Contracts
Robert M. Hunt (Federal Reserve Bank of Philadelphia)
Viktar Fedaseyeu (Bocconi University)
[View Abstract] [Download Preview]
Personal Bankruptcy Protection and Household Debt
Felipe Severino (Massachusetts Institute of Technology)
Meta Brown (Federal Reserve Bank of New York)
Brandi Coates (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
State Mandated Financial Education and the Credit Behavior of Young Adults
Alexandra Brown (Federal Reserve Board)
J. Michael Collins (University of Wisconsin-Madison)
Maximilian D. Schmeiser (Federal Reserve Board)
Carly Urban (Montana State University)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 206
American Economic Association
Electronic Commerce and Big Data (L8, M2)
Presiding: Justin Rao (Microsoft Research)
Sales Taxes Shielding on the Amazon.com Platform
Alejandro Molnar (Vanderbilt University)
Paulo Somaini (Massachusetts Institute of Technology)
[View Abstract]
Salience and Quality Choice
Bradley Larsen (Stanford University )
Dominic Coey (eBay Research Labs)
Kane Sweeney (eBay Research Labs)
[View Abstract]
Do-Not-Track and the Economics of Third-Party Advertising
Giorgos Zervas (Boston University)
Justin Rao (Microsoft Research)
Sharad Goel (Microsoft Research)
Ceren Budak (Microsoft Research)
[View Abstract] [Download Preview]
Worn-Out or Just Getting Started? The Impact of Frequency in Online Display Advertising
Randall Lewis (Google, Inc.)
Michael Hankin (University of Southern California)
[View Abstract] [Download Preview]
Discussants:
David Reiley (Google, Inc.)
Michael Ostrovsky (Stanford University)
Steven Tadelis (University of California-Berkeley and eBay Research Labs)
Denis Nekipelov (University of California-Berkeley)

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon A
American Economic Association
Experiments (C9)
Presiding: Laura Gee (Tufts University)
From Intentions to Actions: A Model and Experimental Evidence of Inattentive Choice
Dmitry Taubinsky (Harvard University)
[View Abstract]
Norms, Frames and Prosocial Behavior in Games
Erik O. Kimbrough (Simon Fraser University)
Joshua Miller (Bocconi University)
Alexander Vostroknutov (Maastricht University)
[View Abstract] [Download Preview]
The Persistence of Anchoring Effects on Valuations
Sangsuk Yoon (Temple University)
Nathan Fong (Temple University)
Angelika Dimoka (Temple University)
[View Abstract]
Freedom, Power, and Interference
Claudia Neri (University of St. Gallen)
Hendrik Rommeswinkel (University of St. Gallen)
[View Abstract] [Download Preview]
The Effect of Skilled Labor Market Opportunity on Intra-Household Resource Allocation - Evidence from Gujarat, India
Yvonne Jie Chen (National University of Singapore)
Namrata Chindarkar (National University of Singapore)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, The Fens
American Economic Association
Female Bargaining Power in Developing Countries (O1, J1)
Presiding: Alessandra Voena (University of Chicago)
Why Do Mothers and Fathers Spend Differently on Children's Human Capital?
Seema Jayachandran (Northwestern University)
Rebecca Dizon-Ross (Harvard University and Massachusetts Institute of Technology)
[View Abstract]
Household Response to Income Changes: Evidence from an Unconditional Cash Transfer Program in Kenya
Johannes Haushofe (Massachusetts Institute of Technology)
Jeremy Shapiro (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
The returns to cash and microenterprise support among the ultra-poor: A field experiment
Christopher Blattman (Columbia University)
Eric P. Green (Duke University)
Julian Jamison (Consumer Financial Protection Bureau)
Jeannie Annan (International Rescue Committee)
[View Abstract] [Download Preview]
Discussants:
Christopher Udry (Yale University)
David McKenzie (World Bank)
Nava Ashraf (Harvard Business School)

Jan 04, 2015 8:00 am, Sheraton Boston, Independence Ballroom West
American Economic Association
Housing Price Shocks and Household Behavior (D1, G1)
Presiding: Paul Willen (Federal Reserve Bank of Boston)
The Vulnerability of Minority Homeowners in the Housing Boom and Bust
Patrick John Bayer (Duke University)
Fernando V. Ferreira (University of Pennsylvania)
Stephen L. Ross (University of Connecticut)
[View Abstract]
The Impact of Parental Wealth on College Enrollment & Degree Attainment: Evidence from the Housing Boom & Bust
Rucker Johnson (University of California-Berkeley)
[View Abstract]
House Price Shocks and Individual Divorce Risk in the United States
Jennifer Milosch (California State University-Sacramento)
[View Abstract]
(Un)expected Housing Price Changes: Identifying the Drivers of Small Business Finance
Tami Gurley-Calvez (University of Kansas)
Pavel Kapinos (Federal Deposit Insurance Corporation)
Kandice Kapinos (RAND Corporation)
[View Abstract] [Download Preview]
Discussants:
Elena Loutskina (University of Virginia)
Celeste Carruthers (University of Tennessee)
Yan Y. Lee (Federal Deposit Insurance Corporation)
E.J. Reedy (Kauffman Foundation)

Jan 04, 2015 8:00 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
Income and Wealth Inequality in the United States (D3) (Panel Discussion)
Panel Moderator: Heather Boushey (Washington Center for Equitable Growth)
Richard V. Burkhauser (Cornell University) How Different Data Sources and Definitions Paint Different Pictures of the Evolution of Income and Its Distribution
Amir Sufi (University of Chicago) The Dynamics of Household Debt Prior, During, and After the Crisis
Edward Nathan Wolff (New York University) The Rising Concentration of United States Personal Wealth: New Evidence
Gabriel Zucman (London School of Economics) Is the United States on the Way Back to Patrimonial Capitalism?
David Johnson (U.S. Bureau of Economic Analysis) Accounting for the Distribution of Income in the United States National Accounts

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 204
American Economic Association
Injured Workers and Workers' Compensation (J2, J3)
Presiding: Leslie Boden (Boston University)
Benefit Generosity and Injury Duration: Quasi-Experimental Evidence from Regression Kinks
Benjamin Hansen (University of Oregon)
Tuan Nyugen (University of Oregon)
Glen Waddell (University of Oregon)
[View Abstract]
Does Increased Access to Health Insurance Impact Claims for Workers' Compensation? Evidence from Massachusetts Health Care Reform
Erin Todd Bronchetti (Swarthmore College)
Melissa McInerney (Tufts University)
[View Abstract]
Medical Care Spending and Labor Market Outcomes: Evidence from Workers' Compensation Reforms
David Powell (RAND Corporation)
Seth Seabury (University of Southern California)
[View Abstract] [Download Preview]
The Effect of Health Insurance on Workers' Compensation Filing: Evidence from the Affordable Care Act's Age-Based Threshold for Dependent Coverage
Marcus Dillender (W.E. Upjohn Institute for Employment Research)
[View Abstract]
Discussants:
Henry Hyatt (U.S. Census Bureau)
Melissa McInerney (Tufts University)
Olesya Fomenko (Workers Compensation Research Institute)
David Stapleton (Mathmatica)

Jan 04, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Intellectual Property Rights and Innovation (O3)
Presiding: William Kerr (Harvard Business School)
Innovation Networks
Daron Acemoglu (Massachusetts Institute of Technology)
Ufuk Akcigit (University of Pennsylvania)
William Kerr (Harvard Business School)
[View Abstract]
Management, IT and Innovation
Nicholas Bloom (Stanford University)
Erik Brynjolfsson (Massachusetts Institute of Technology)
Lucia Foster (U.S. Census Bureau)
Ron Jarmin (U.S. Census Bureau)
John Van Reenen (London School of Economics)
Megha Patnaik ( Stanford University)
Itay Saporta (Tel Aviv University)
[View Abstract]
Patents and Cumulative Innovation: Causal Evidence from the Courts
Alberto Galasso (University of Toronto)
Mark Schankerman (London School of Economics)
[View Abstract] [Download Preview]
How Do Patents Affect Follow-On Innovation? Evidence from the Human Genome
Bhaven Sampat (Columbia University)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 201
American Economic Association
International Portfolio Composition (F3)
Presiding: Emily Blanchard (Dartmouth College)
The Replacement of Safe Assets: Evidence from the U.S. Bond Portfolio
Alexandra Tabova (Federal Reserve Board)
Carol Bertaut (Federal Reserve Board)
[View Abstract] [Download Preview]
Why Has the United States Foreign Portfolio Share Increased?
Matthew M. Wynter (University of Illinois-Chicago)
[View Abstract] [Download Preview]
How Persistent Are the Benefits of Foreign Ownership?
Steven Poelhekke (VU University Amsterdam)
Beata Javorcik (University of Oxford and CEPR)
[View Abstract] [Download Preview]
International Reserves, the Maturity of External Debt, and the Reinforcement Effect for Financial Stability
Andreas Steiner (University of Osnabrueck)
Xingwang Qian (State University of New York-Buffalo State)
[View Abstract]
Risk Versus Ambiguity and International Security Design
Brian Hill (HEC Paris and CNRS)
Tomasz Kamil Michalski (HEC Paris)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Public Garden
American Economic Association
International Trade: Firm-Level Country Studies (F1)
Presiding: Joel B. Rodrigue (Vanderbilt University)
Quality Upgrading and Import Competition from Low-Income Countries: Transaction-Level Evidence from Portuguese Firms
Heiwai Tang (Johns Hopkins University)
Ana Fernandes (University of Exeter)
[View Abstract]
Sanctions Backfire: Did Exports Deflection Help Iranian Exporters?
Jamal Ibrahim Haidar (Paris School of Economics)
[View Abstract]
Protectionism Through Exporting: Subsidies with Export Share Requirements in China
Fabrice Defever (University of Nottingham and London School of Economics)
Alejandro Riano (University of Nottingham)
[View Abstract]
"Trade and Time": Quantifying the Bias in Firm Level Export Growth
Xiaoyu Tian (Oxford Brookes University)
Robert J. R. Elliott (University of Birmingham-United Kingdom)
[View Abstract]
Bank Credit and Firm Export: Is There Really a Link?
Sara Formai (Bank of Italy)
Ines Buono (Bank of Italy)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Berkeley Room
American Economic Association
Occupational Choice and Mobility (J2)
Presiding: Jeffrey Groen (U.S. Bureau of Labor Statistics)
Returns to Education and Occupation Choices
Jinwen Xu (University of British Columbia)
[View Abstract] [Download Preview]
Occupational Mobility and Its Consequences on Labor Reallocation
Natalia Bodrug (Norwegian Business School)
[View Abstract]
Occupational Segregation by Sex: The Role of Intergenerational Transmission
Karin Hederos Eriksson (Swedish Institute for Social Research (SOFI), Stockholm University)
[View Abstract] [Download Preview]
Recovering Ex Ante Returns and Preferences for Occupations using Subjective Expectations Data
Peter Arcidiacono (Duke University and NBER)
V. Joseph Hotz (Duke University, NBER and IZA)
Arnaud Maurel (Duke University, NBER and IZA)
Teresa Romano (Duke University)
[View Abstract] [Download Preview]
Skill Mismatch and the Costs of Job Displacement
Ljubica Nedelkoska (Harvard University)
Frank Neffke (Harvard University)
Simon Wiederhold (IFO Institute-Munich)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Boston Common
American Economic Association
Pre-School and Secondary Schooling (I2)
Presiding: Angela Dills (Providence College)
Multiple Tasks and Multiple Rewards: Experimental Evidence on Performance Incentives, Alignment, and Complementarity from Chinese Schools
Sean Sylvia (Renmin University of China)
[View Abstract]
Top of the Class: The Importance of Ordinal Rank
Richard John Murphy (University College London and University of Texas-Austin)
Felix Weinhardt (Humboldt University-Berlin)
[View Abstract] [Download Preview]
Intergenerational Mobility and Dynamic Parental and Societal Investments in Children's Human Capital
Julia M. Schwenkenberg (Rutgers University-Newark)
[View Abstract]
Early and Bright? Child Care for Toddlers and Early Cognitive Skills
Nina Drange (Statistics Norway)
Tarjei Havnes (University of Oslo)
[View Abstract] [Download Preview]
Educational Choice and Information on Labor Market Prospects: A Randomized Field Experiment
Tuomas Pekkarinen (Aalto University)
Sari Pekkala Kerr (Wellesley College)
Matti Sarvimäki (Aalto University)
Roope Uusitalo (University of Helsinki)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 207
American Economic Association
Safe Assets (E2, G1)
Presiding: Valentin Haddad (Princeton University)
The Safety Trap
Ricardo Caballero (Massachusetts Institute of Technology)
Emmanuel Farhi (Harvard University)
[View Abstract] [Download Preview]
The Rise and Fall of Demand for Securitizations
Sergey Chernenko (Ohio State University)
Adi Sunderam (Harvard Business School)
Samuel Hanson (Harvard Business School)
[View Abstract] [Download Preview]
Banks as Secret Keepers
Tri Vi Dang (Columbia University)
Gary Gorton (Yale University)
Bengt Holmstrom (Massachusetts Institute of Technology)
Guillermo Ordonez (University of Pennsylvania)
[View Abstract] [Download Preview]
Safe Assets
Markus K. Brunnermeier (Princeton University)
Valentin Haddad (Princeton University)
[View Abstract]
Discussants:
Valentin Haddad (Princeton University)
Gary Gorton (Yale University)
Adi Sunderam (Harvard Business School)
Vania Stavrakeva (London Business School)

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 203
American Economic Association
Social Networks: Methods and Applications (D8, C1)
Presiding: Anton Badev (Federal Reserve Board)
Tractable and Consistent Random Graph Models
Arun Chandrasekhar (Stanford University)
Matthew Jackson (Stanford University)
[View Abstract] [Download Preview]
Approximate Variational Inference for a Model of Social Interactions
Angelo Mele (Johns Hopkins University)
[View Abstract]
Gossip and Identifying Central Individuals in a Social Network
Abhijit Banerjee (Massachusetts Institute of Technology)
Arun Chandrasekhar (Stanford University)
Esther Duflo (Massachusetts Institute of Technology)
Matthew Jackson (Stanford University)
[View Abstract] [Download Preview]
Discrete Games in Endogenous Networks: Theory and Policy
Anton Badev (Federal Reserve Board)
[View Abstract]

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 208
American Economic Association
Sovereign Defaults: Theory and Evidence (F3, E1)
Presiding: Carmen Reinhart (Harvard University)
Maturity and Repayment Structure of Sovereign Debt
Bai Yan (University of Rochester)
Kim Tae Seon (ITAM Business School)
Gabriel Mihalache (University of Rochester)
Optimal Domestic Default
Enrique Mendoza (University of Pennsylvania)
Pablo D'Erasmo (University of Maryland)
[View Abstract]
Sovereign Default and Political Turnover
Toan Phan (University of North Carolina)
Christoph Trebesch (University of Munich)
Igor Livshits (University of Western Ontario)
[View Abstract] [Download Preview]
A Century of Sovereign Haircuts
Carmen Reinhart (Harvard University)
Christoph Trebesch (University of Munich)
[View Abstract]
Discussants:
Suman Sambha Basu (International Monetary Fund)
Alberto Martin (CREI, Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
Jing Zhang (Federal Reserve Bank of Chicago)
Laura Alfaro (Harvard University)

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 202
American Economic Association
The Economics of Organizations (M5, L2)
Presiding: Michael Waldman (Cornell University)
Persistently Inefficient? Organizational Fragmentation, Coordination Failures and Common Agency Problems in the United States Health Care System
Brigham Frandsen (Brigham Young University)
Michael Powell (Northwestern University)
James Rebitzer (Boston University)
[View Abstract]
Allocations of Effort and Talent in Professional Labor Markets
Gadi Barlevy (Federal Reserve Bank of Chicago)
Derek Neal (University of Chicago)
[View Abstract]
The Dual Avenues of Labor Market Signaling
Michael Waldman (Cornell University)
[View Abstract] [Download Preview]
The Determinants of Managerial Productivity
Matthew Bidwell (University of Pennsylvania)
Mitchell Hoffman (University of Toronto)
John McCarthy (University of Pennsylvania)
Discussants:
Yanhui Wu (University of Southern California)
Catherine Barrera (Cornell University)
Jin Li (Northwestern University)
Charles Bellemare (Laval University)

Jan 04, 2015 8:00 am, Hynes Convention Center, Room 209
American Economic Association
The Effects of Attendance, Visualization, Study Time and Tutorials on Learning in Economic Education (A2)
Presiding: Georg Schaur (University of Tennessee)
Effect of Peer Attendance on College Students' Learning Outcomes in a Microeconomics Course
Jennjou Chen (National Chengchi University)
Tsui-Fang Lin (National Taipei University)
Using Interactive Compound Interest Visualizations to Improve Financial Literacy
Edward Hubbard (University of Wisconsin-Madison)
Percival Matthews (University of Wisconsin-Madison)
Anya Savikhin Samek (University of Wisconsin-Madison)
Is There an Inverse Relationship Between Study Time and Final Exam Scores? Evidence from Principles of Economics
Irene Foster (George Washington University)
Qian Guo (George Washington University)
Cheng Xu (George Washington University)
[View Abstract] [Download Preview]
The Effectiveness of Tutorials in Large Classes: Do They Matter? Is There a Difference between Traditional and Collaborative Learning Tutorials?
Karen Menard (Ontario Health Study)
Bridget O'Shaughnessy (McMaster University)
Abigail Payne (McMaster University)
Discussants:
Victoria Liza Prowse (Cornell University)
Anne Boring (Sciences Po)
Anya Savikhin Samek (University of Wisconsin-Madison)
Andrew Perumal (University of Massachusetts-Boston)

Jan 04, 2015 8:00 am, Westin Copley, Essex North
American Finance Association
Dynamic Corporate Policies (G3)
Presiding: Toni Whited (University of Rochester)
Do Debt Contract Enforcement Costs Affect Financing and Asset Structure?
Radhakrishnan Gopalan (Washington University-St. Louis)
Abhiroop Mukherjee (Hong Kong University of Science and Technology)
Manpreet Singh (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
Asset Tangibility, Aggregate Risks, and the Diversification Discount
Michael Michaux (University of Southern California)
Myat Mon (University of Southern California)
[View Abstract] [Download Preview]
Corporate Cash and Inventory Management: Implications for Measuring Market Competition
Xiaodan Gao (National University of Singapore)
[View Abstract] [Download Preview]
Stock Return Volatility and Capital Structure Decisions
Hui Chen (Massachusetts Institute of Technology)
Hao Wang (Tsinghua University)
Hao Zhou (Tsinghua University)
[View Abstract] [Download Preview]
Discussants:
Todd Gormley (University of Pennsylvania)
Gregor Matvos (University of Chicago)
Brent Glover (Carnegie Mellon University)
Michael Faulkender (University of Maryland)

Jan 04, 2015 8:00 am, Westin Copley, Essex South
American Finance Association
Empirical Corporate Governance (G3)
Presiding: Holger Mueller (New York University)
Does Product Market Competition Discipline Managers? Evidence from Exogenous Trade Shock and Corporate Acquisitions
Azizjon Alimov (City University of Hong Kong)
[View Abstract] [Download Preview]
Shareholder Power and Corporate Innovation: Evidence from Hedge Fund Activism
Alon Brav (Duke University)
Wei Jiang (Columbia University)
Song Ma (Duke University)
Xuan Tian (Indiana University)
[View Abstract] [Download Preview]
The Product Market Effects of Hedge Fund Activism
Hadiye Aslan (Georgia State University)
Praveen Kumar (University of Houston)
[View Abstract]
Managerial Ownership and Firm Performance: Evidence From the 2003 Tax Cut
Xing Li (Stanford University)
Stephen Teng Sun (Stanford University)
[View Abstract] [Download Preview]
Discussants:
Xavier Giroud (Massachusetts Institute of Technology)
Shai Bernstein (Stanford University)
Wei Jiang (Columbia University)
Kelly Shue (University of Chicago)

Jan 04, 2015 8:00 am, Westin Copley, America North
American Finance Association
Financial Markets and Financial Institutions (G2)
Presiding: Denis Gromb (INSEAD)
Performance Measurement with Uncertain Risk Loadings
Francesco Franzoni (University of Lugano)
Martin Schmalz (University of Michigan)
[View Abstract] [Download Preview]
Financial Innovation for Rent Extraction
Anton Korinek (Johns Hopkins University)
[View Abstract]
Asset Pricing When 'This Time is Different'
Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
Michael Johannes (Columbia University)
Lars Lochstoer (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Pierre-Olivier Weill (University of California-Los Angeles)
Peter Kondor (Central European University)
Jaroslav Borovicka (New York University)

Jan 04, 2015 8:00 am, Westin Copley, Essex Center
American Finance Association
Fixed Income Markets (G1)
Presiding: Francis Longstaff (University of California-Los Angeles)
Order Flow Segmentation and the Role of Dark Pool Trading in the Price Discovery of United States Treasury
Michael Fleming (Federal Reserve Bank of New York)
Giang Nguyen (University of North Carolina)
[View Abstract] [Download Preview]
Why are Municipal Bonds Issued at a Premium?
Mattia Landoni (Columbia University)
[View Abstract] [Download Preview]
In Search of Habitat
Xuanjuan Chen (Shanghai University of Finance and Economics)
Zhenzhen Sun (Siena College)
Tong Yao (University of Iowa)
Tong Yu (University of Rhode Island)
[View Abstract]
Dynamic Dependence and Diversification in Corporate Credit
Peter Christoffersen (University of Toronto)
Kris Jacobs (University of Houston)
Xisong Jin (University of Luxembourg)
Hugues Langlois (HEC Paris)
[View Abstract] [Download Preview]
Discussants:
Ingrid Werner (Ohio State University)
Yuhang Xing (Rice University)
Robin Greenwood (Harvard Business School)
Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)

Jan 04, 2015 8:00 am, Westin Copley, America Center
American Finance Association/American Real Estate & Urban Economic Association
Mortgages and Real Estate (G1)
Presiding: Walt Torous (Massachusetts Institute of Technology)
Learning about the Neighborbood: The Role of Supply Elasticity for Housing Cycles
Michael Sockin (Princeton University)
Wei Xiong (Princeton University)
Zhenyu Gao (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
Final Demand for Structured Finance Securities
Craig Merrill (Brigham Young University)
Taylor Nadauld (Brigham Young University)
Philip Strahan (Boston College)
[View Abstract] [Download Preview]
Quantify Animal Spirits: News Media and Sentiment in the Housing Market
Cindy Soo (University of Michigan)
[View Abstract]
Mortgage Risk and the Yield Curve
Aytek Malkhozov (McGill University)
Philippe Mueller (London School of Economics)
Andrea Vedolin (London School of Economics)
Gyuri Venter (Copenhagen Business School)
[View Abstract] [Download Preview]
Discussants:
Albert Saiz (Massachusetts Institute of Technology)
Andra Ghent (Arizona State University)
Rossen Valkanov (University of California-San Diego)
Nancy Wallace (University of California-Berkeley)

Jan 04, 2015 8:00 am, Westin Copley, America South
American Finance Association
New Approaches to Finance (G1)
Presiding: Xavier Gabaix (New York University)
Count Models of Social Networks in Finance
Harrison Hong (Princeton University)
[View Abstract] [Download Preview]
Feature-Selection Risk
Alexander Chinco (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks
Jean-Noel Barrot (Massachusetts Institute of Technology)
Julien Sauvagnat (Toulouse School of Economics)
[View Abstract]
A News-Utility Theory for Inattention and Delegation in Portfolio Choice
Michaela Pagel (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Ralph Koijen (London Business School)
Haoxiang Zhu (Massachusetts Institute of Technology)
Lauren Cohen (Harvard Business School)
Marianne Andries (Toulouse School of Economics)

Jan 04, 2015 8:00 am, Westin Copley, Empire
American Real Estate & Urban Economic Association
Asset Disposition (R3, G2)
Presiding: Kelley Pace (Louisiana State University)
How Bank Liquidity and Capital Affect Asset Sales?
Yongqiang Chu (University of South Carolina)
[View Abstract] [Download Preview]
Fire Sales and House Prices: Evidence from Estate Sales Due to Sudden Death
Kasper Meisner Nielsen (Hong Kong University of Science and Technology)
Steffen Andersen (Copenhagen Business School)
[View Abstract]
The Impact of Gains and Losses on Homeowner Decisions
Dong Hong (Singapore Management University)
Roger Loh (Singapore Management University)
Mitch Warachka (Claremont McKenna College)
[View Abstract] [Download Preview]
Factors Underlying Short Sale
Shuang Zhu (Kansas State University)
Kelley Pace (Louisiana State University)
[View Abstract]
Discussants:
Liang Peng (University of Colorado-Boulder)
Ken Johnson (Florida International University)
Milena Petrova (Syracuse University)
Brent Ambrose (Pennsylvania State University)

Jan 04, 2015 8:00 am, Westin Copley, Defender
American Real Estate & Urban Economic Association
Maintenance, Modification, and Rehabilitation (R2, G2)
Presiding: Henry Munneke (University of Georgia)
Reverse Mortgage Demographics and Collateral Performance
Thomas Davidoff (University of British Columbia)
[View Abstract]
Home Safety, Accessibility, and Elderly Health: Evidence from Falls
Michael Eriksen (Texas Tech University)
Gary Engelhardt (Syracuse University)
Nadia Greenhalgh-Stanley (Kent State University)
[View Abstract] [Download Preview]
Surviving a Hurricane: Urban Decline and the Dynamics of Local Supply Shocks
William Larson (U.S. Bureau of Economic Analysis)
Kyle Hood (U.S. Bureau of Economic Analysis)
[View Abstract] [Download Preview]
Multiperiod Home Rehabilitation under Unobserved Heterogeneity
Herman Li (University of Nevada-Las Vegas)
[View Abstract]
Discussants:
James Conklin (University of Georgia)
Donald Haurin (Ohio State University)
Lauren Lambie-Hanson (Federal Reserve Bank of Philadelphia)
Kip Womack (University of North Carolina-Charlotte)

Jan 04, 2015 8:00 am, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Economic Anthropology (D2, P4)
Presiding: Ariel Ben Yishay (College of William & Mary)
Ode to the Sea: Workplace Organizations and Norms of Cooperation
Uri Gneezy (University of California-San Diego)
Andreas Leibbrandt (Monash University)
John List (University of Chicago)
[View Abstract]
The Fish is the Friend of Matriliny: Reef density predicts matrilineal inheritance across the world and its persistence in Melanesia
Ariel Ben Yishay (College of William and Mary)
Pauline Grosjean (University of New South Wales)
Joe Vecci (Monash University)
[View Abstract] [Download Preview]
Gender Gap in Willingness to Compete Disappears with Child-Benefitting Incentives
Alessandra Cassar (University of San Francisco)
Feven Wordofa (University of San Francisco)
Y. Jane Zhang (Hong Kong University of Science and Technology)
[View Abstract]
Social Norm Formation: The Role of Esteem
Robert Akerlof (University of Warwick)
[View Abstract] [Download Preview]
Discussants:
Andreas Leibbrandt (Monash University)
Ariel Ben Yishay (College of William & Mary)
Y. Jane Zhang (Hong Kong University of Science and Technology)
Robert Akerlof (University of Warwick)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Heterodox Theory and Social Provisioning (B5)
Presiding: Zdravka Todorova (Wright State University)
Can Insights from Regulationist and SSA Theory Inform Institutional Analysis of the Social Provisioning Process?
Lynne Chester (University of Sydney)
[View Abstract]
The Process of Provisioning: The Halter for the Workhorse
Ann Davis (Marist College)
[View Abstract] [Download Preview]
The Emergence of Qualitative Change in the Social Provisioning Process
Mitch Green (Franklin and Marshall College)
[View Abstract]
Development Effects and the Social Provisioning Process
Henning Schwardt (University of Bremen)
[View Abstract]
Commons, Coase, and the Unchanging Nature of the Social Provisioning Process
Eric Scorsone (Michigan State University)
David Schweikhardt (Michigan State University)
[View Abstract]
Discussants:
Helge Peukert (University of Erfurt)
Frederic S. Lee (University of Missouri-Kansas City)

Jan 04, 2015 8:00 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Natural Resources: Economic Impacts and Valuation (Q5, Q2)
Presiding: Michael Hanemann (Arizona State University)
A Delphi Exercise as a Tool in Amazon Rainforest Valuation
Jon Strand (World Bank)
Richard Carson (University of California-San Diego)
Stale Navrud (Norwegian University of Life Sciences)
Ariel Ortiz-Bobea (Cornell University)
Jeffrey Vincent (Duke University)
[View Abstract] [Download Preview]
Resource Curses: Evidence from the United States 1880-2012
Karen Clay (Carnegie Mellon University)
Alex Weckenman (Harvard University)
[View Abstract] [Download Preview]
What Drives Forest Leakage?
Kathy Baylis (University of Illinois)
Don Fullerton (University of Illinois-Urbana‑Champaign)
Payal Shah (Okinawa Institute of Science and Technology)
[View Abstract]
Climate Change Impacts on United States Agriculture: Accounting for the Option Value of Farmland in the Hedonic Approach
Ariel Ortiz-Bobea (Cornell University)
[View Abstract]
Discussants:
Michael Hanemann (Arizona State University)
Paul Rhode (University of Michigan)
Katharine Sims (Amherst College)
Marshall Burke (University of California-Berkeley)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Wellesley
Chinese Economists Society
Effects of the Minimum Wage Policy in China (J1)
Presiding: Tony Fang (Monash University and University of Toronto)
The Impact of Minimum Wages on Migrant Workers' Wages, Employment and Hours
Juan Yang (Beijing Normal University)
Morley Gunderson (University of Toronto)
[View Abstract]
Compliance with Legal Minimum Wages in China
T.H. Gindling (University of Maryland Baltimore County)
Shi Li (Beijing Normal University)
Linxiang Ye (Nanjing University)
[View Abstract]
Minimum Wages and Employment in China
Tony Fang (Monash University, University of Toronto, and IZA)
Carl Lin (Beijing Normal University and IZA)
[View Abstract] [Download Preview]
Impact of Minimum Wage on Gender Wage Differentials in Urban China
Xinxin Ma (Kyoto University)
Shi Li (Beijing Normal University)
[View Abstract]
Discussants:
Richard B. Freeman (Harvard University and NBER)
William Wascher (Federal Reserve Board)
Joseph J. Sabia (San Diego State University)
Zhong Zhao (Renmin University of China)

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon H
Econometric Society
Econometric Theory (C2)
Presiding: Victor Chernozhukov (Massachusetts Institute of Technology)
Wald Tests When Restrictions are Locally Singular
Eric Renault (Brown University)
[View Abstract]
Inference for Projections of Identified Sets
Hiroaki Kaido (Boston University)
Francesca Molinari (Cornell University)
Joerg Stoye (Cornell University)
[View Abstract]
ASYMPTOTICS FOR MAXIMUM SCORE METHOD UNDER GENERAL CONDITIONS
Taisuke Otsu (London School of Economics)
Myung Hwan Seo (London School of Economics)
[View Abstract] [Download Preview]
Minimum Integrated Distance Estimation in Simultaneous Equation Models
Zhengyuan Gao (Université Catholique de Louvain)
Antonio Galvao (University of Iowa)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon G
Econometric Society
Instrumental Variables and Control Function Methods (C1)
Presiding: Alberto Abadie (Harvard University)
Conditional Linear Combination Tests for Weakly Identified Models
Isaiah Andrews (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Integrated Likelihood Approach to Inference with Many Instruments
Michal Kolesár (Princeton University)
[View Abstract]
Individual Heterogeneity, Nonlinear Budget Sets, and Taxable Income
Whitney Newey (Massachusetts Institute of Technology)
[View Abstract]
Included Instruments
Xavier D'Haultfoeuille (CREST)
Stefan Hoderlein (Boston College)
Yuya Sasaki (Johns Hopkins University)
[View Abstract]

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon E
Econometric Society
Mechanism Design and Dynamic Contracting (D8)
Presiding: Philipp Strack (University of California at Berkeley)
Impatience versus Incentives
Marcus M. Opp (University of California-Berkeley)
John Yiran Zhu (University of Pennsylvania)
[View Abstract] [Download Preview]
Transparency of Outside Options in Bargaining
Ilwoo Hwang (University of Miami)
Fei Li (University of North Carolina)
[View Abstract] [Download Preview]
Dynamic Noisy Signaling in Discrete Time
Francesc Dilme (University of Bonn)
[View Abstract] [Download Preview]
Transparency and Opaqueness: The Optimal Design of Signals
Tymofiy Mylovanov (University of Pittsburgh)
[View Abstract]

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon D
Econometric Society
Panel Data (C1)
Presiding: Jeffrey Wooldridge (Michigan State University)
Event Counts and Heterogeneity in Big Data: Sparsity-Based Quantile Estimation for Panel Count Data
Matthew Harding (Duke University)
Carlos Lamarche (University of Kentucky)
[View Abstract]
Instrumental Variable Quantile Regressions in Large Panels with Fixed Effects
Manuel Arellano (CEMFI)
Martin Weidner (University College London)
[View Abstract]
Estimation of Dynamic Panel Data Models with Cross-Sectional Dependence
Valentin Verdier (Michigan State University)
[View Abstract] [Download Preview]
Nonparametric Identification in Panels Using Quantiles
Ivan Fernandez-Val (Boston University)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon F
Econometric Society
Political Constraints and Voter Persuasion (P1)
Presiding: Emir Kamenica (University of Chicago)
Single-Issue Campaigns and Multidimensional Politics
Georgy Egorov (Northwestern University)
[View Abstract]
Capital Taxation under Political Constraints
Alexander Wolitzky (Massachusetts Institute of Technology)
Florian Scheuer (Stanford University)
[View Abstract] [Download Preview]
Manipulated Electorates and Information Aggregation
Mehmet Ekmekci (University of Pittsburgh)
Stephan Lauermann (University of Michigan)
[View Abstract]

Jan 04, 2015 8:00 am, Boston Marriott Copley, Provincetown
Health Economics Research Organization
Contributed Papers in the Economics of Hospitals, Public Insurance, and Medical Expenditures (I1, I1)
Presiding: J. Michael Fitzmaurice (JMF Associates)
Measuring the Hospital Length of Stay/Readmission Cost Trade-off under a Bundled Payment Mechanism
Kathleen Carey (Boston University)
[View Abstract]
Heterogeneity in Take-Up of Public Insurance Benefits: The Case of Mental Health
Ezra Golberstein (University of Minnesota)
Gilbert Gonzales (University of Minnesota)
Steven C. Hill (AHRQ)
Samuel H. Zuvekas (AHRQ)
[View Abstract]
Estimating the Medical Care Costs of Youth Obesity in the Presence of Proxy Reporting Error
Adam Biener (Lehigh University)
Chad D. Meyerhoefer (Lehigh University)
John Cawley (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Vivian Ho (Rice University)
Dhaval M. Dave (Bentley University)
Nathan Tefft (Bates College)

Jan 04, 2015 8:00 am, Sheraton Boston, Beacon B
History of Economics Society
Shakespeare and Economics (B1, A1) (Panel Discussion)
Panel Moderator: Edd Noell (Westmont College)
Sarah Skwire (Liberty Fund) Shakespeare's Economic Seductions
Frederick Turner (University of Texas-Dallas) Use and Time in Shakespeare's Sonnets
Marc Shell (Harvard University) Language, Money, Shakespeare
Deirdre N. McCloskey (University of Illinois-Chicago) Shakespeare v. the Bourgeoisie

Jan 04, 2015 8:00 am, Boston Marriott Copley, Tremont
International Association for Energy Economists/American Economic Association
North America’s Dynamic and Emerging Economic and Geopolitical Role in Global Energy Markets (Q4, F6) (Panel Discussion)
Panel Moderator: Kenneth Medlock III (Rice University)
Jeffrey Currie (Goldman Sachs)
Meghan O'Sullivan (Harvard University)
Duncan Wood (Woodrow Wilson International Center)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon H
International Banking Economics & Finance Association
Banks, Government Intervention and Deregulation (G2, E5)
Presiding: Leonard Nakamura (Federal Reserve Bank of Philadelphia)
Did Saving Wall Street Really Save Main Street? The Real Effects of TARP on Local Economic Conditions
Allen N. Berger (University of South Carolina)
Raluca A. Roman (University of South Carolina)
[View Abstract] [Download Preview]
Between Capture and Discretion - The Determinants of Distressed Bank Treatment and Expected Government Support
Magdalena Ignatowski (Goethe University Frankfurt)
Josef Korte (Goethe University Frankfurt)
Charlotte Werger (European University Institute)
[View Abstract] [Download Preview]
Banks’ Internal Capital Markets and Deposit Rates
Itzhak Ben-David (Ohio State University)
Ajay Palvia (Office of the Comptroller of the Currency)
Chester Spatt (Carnegie Mellon University)
[View Abstract] [Download Preview]
Credit Scoring and Loan Default
Rajdeep Sengupta (Federal Reserve Bank of Kansas City)
Geetesh Bhardwaj (SummerHaven Investment Management)
[View Abstract]
Discussants:
Stephane Verani (Federal Reserve Board)
Johan Almenberg (Swedish Ministry of Finance)
Dmytro Holod (State University of New York-Stony Brook)
Kasper Roszbach (Sveriges Riksbank)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Harvard
International Economic & Finance Society
Four Perspectives on International Trade Costs and Their Implications (F1)
Presiding: Mario J. Crucini (Vanderbilt University)
Globalization Boom and Bust: A Study of US Automobile Exports from 1913 to 1940
Mario J. Crucini (Vanderbilt University)
Hakan Yilmazkuday (Florida International University)
[View Abstract]
Reassessing Railroads and Growth: Accounting for Transport Network Endogeneity
Scott N. Swisher (University of Wisconsin)
[View Abstract] [Download Preview]
A Transportation Infrastructure Approach to Economic Distance
Christian Hung (Vanderbilt University)
[View Abstract]
Speaking of Trade: Quantifying the Contribution of Multilingualism to Overcome the Language Barriers to Trade
Enrique Martínez-García (Federal Reserve Bank of Dallas)
María Teresa Martínez-García (University of Kansas)
Adrienne Mack (Federal Reserve Bank of Dallas)
[View Abstract] [Download Preview]

Jan 04, 2015 8:00 am, Sheraton Boston, Riverway
Korea-America Economic Association
Economic Growth and Integration (O1, O3)
Presiding: Yongsung Chang (University of Rochester and Yonsei University)
The Global Diffusion of Ideas
Francisco J. Buera (Federal Reserve Bank of Chicago)
Ezra Oberfield (Princeton University)
[View Abstract]
The Growth Dynamics of Innovation, Diffusion, and the Technology Frontier
Jess Benhabib (New York University)
Jesse Perla (University of British Columbia)
Christopher Tonetti (Stanford University)
[View Abstract] [Download Preview]
Optimal Development Policies with Financial Frictions
Oleg Itskhoki (Princeton University)
Benjamin Moll (Princeton University)
[View Abstract] [Download Preview]
Binding Up the Nation's Wounds: An Economic Analysis of the Korean Reunification
Sang Yoon (Tim) Lee (University of Mannheim)
Yongseok Shin (Washington University-St. Louis and Federal Reserve Bank of St. Louis)
[View Abstract]

Jan 04, 2015 8:00 am, Westin Copley, Great Republic
Labor & Employment Relations Association
Dissecting Job Search: Economic Approaches to Employers Screening Workers and Workers Screening Jobs (J2)
Presiding: Paul Osterman (Massachusetts Institute of Technology)
The Value of Employer Reputation in the Absence of Contract Enforcement: A Randomized Experiment
Alan Benson (University of Minnesota)
Aaron Sojourner (University of Minnesota)
Akhmed Umyarov (University of Minnesota)
[View Abstract] [Download Preview]
Screening, Monitoring, and Sorting across Occupations
Eliza Forsythe (W.E. Upjohn Institute for Employment Research)
[View Abstract] [Download Preview]
Noncompetes in the US Labor Force
Evan Starr (University of Illinois-Urbana-Champaign)
Norman Bishara (University of Michigan)
James J. Prescott (University of Michigan)
[View Abstract]
Is Credit Status a Good Signal of Productivity?
Andrew Weaver (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Chris Stanton (University of Utah)
Colleen Manchester (University of Minnesota)
Conrad Miller (Princeton University)
Hye Jin Rho (Massachusetts Institute of Technology)

Jan 04, 2015 8:00 am, Westin Copley, Courier
Labor & Employment Relations Association
Worker Ownership Policies: Models for Technology, Retirement Security, and the Broader Economy (J3)
Presiding: Douglas L. Kruse (Rutgers University)
Does Cooperation Require Co-Laboring? How Organizational Authority Moderates the Efficient Structure of Project Teams
Trevor Young-Hyman (University of Wisconsin-Madison)
[View Abstract]
ESOPs and Retirement Security
Loren Rodgers (National Center for Employee Ownership)
[View Abstract]
Defining Employee Ownership: Four Meanings and Two Models
Christopher Mackin (Rutgers University)
[View Abstract] [Download Preview]
Wages vs. Ownership: Which Is More Efficient for the Firm?
Dan Weltmann (Rutgers University)
[View Abstract] [Download Preview]
Discussants:
Daphne Berry (University of Hartford)
Sanjay Pinto (Columbia University)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Tufts
Middle East Economic Association
Economic Development in MENA Region (O1)
Presiding: Mine Cinar (Loyola University)
Entrepreneurship and Political Stability in the Middle East and North Africa
Frank R. Gunter (Lehigh University)
[View Abstract] [Download Preview]
Resource Wealth as an Obstacle to Entrepreneurship? Evidence for the GCC
Nils Otter (Carinthia University of Applied Sciences)
Andreas Knorr (German University of Administrative Sciences Speyer)
[View Abstract]
Turning Resource Curse into Resource Blessings: An Institutional Approach in MENA
Shereef Ellaboudy (Zayed University)
Mahmoud Abdel Baky (University of Dubai)
[View Abstract]
Analyzing the Key Indicators of the National Innovation System of Algeria
Mohammed El Amin Metaiche (University of Tlemcen)
Abderrezak Benhabib (University of Tlemcen)
Mohammed Benbouziane (University of Tlemcen)
Ahmed Smahi (University of Tlemcen)
[View Abstract]
Do Product Standards Matter for Margins of Trade? Evidence from Egyptian Firm-Level Data
Hoda El-Enbaby (Economic Research Forum)
Rana Hendy (Economic Research Forum)
Chahir Zaki (Cairo University)
[View Abstract] [Download Preview]
Discussants:
Erhan Aslanoglu (Piri Reis University)
A. Suut Dogruel (Marmara University)
Mahdi Majbouri (Babson College)
Bulent Anil (Bahcesehir University)
Nathalie Hilmi (Centre Scientifique de Monaco)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Suffolk
National Association of Forensic Economics
Forensic Economics III (K2, K2)
Presiding: Lane Hudgins (Lane Hudgins Analysis)
History of NAFE
Marc Weinstein (Team Economics, LLC)
James Rodgers (Pennsylvania State University)
[View Abstract] [Download Preview]
Calculating Lost Earnings: Algebraic vs Spreadsheet Methods
Frank Tinari (Sobel-Tinari Economics Group, LLC)
[View Abstract] [Download Preview]
The Rule of 70 at Trial as a Reference Point
Larry Spizman (State University of New York-Oswego)
[View Abstract] [Download Preview]
Discussants:
Steve Shapiro (New York Institute of Technology)
Rick Gaskins (Rick Gaskins)
Christopher Young (Sobel-Tinari Economics Group, LLC)

Jan 04, 2015 8:00 am, Boston Marriott Copley, New Hampshire
National Economic Association
Policy Interventions and Educational Outcomes (I2)
Presiding: Marie Mora (University of Texas-Pan American)
An “A” for Effort: Student Retention and Graduation
Omari Swinton (Howard University)
[View Abstract]
Tests, Courses, and High School Quality: Using College Readiness Indicators to Predict College Success
Kalena Cortes (Texas A&M University)
Sandra Black (University of Texas-Austin)
Jane Arnold Lincove (University of Texas-Austin)
[View Abstract]
Household Asset Allocation, Offspring Education, and the Sandwich Generation
Vicki Bogan (Cornell University)
[View Abstract] [Download Preview]
Walking Hand-in-Hand: Early Life Traumatic Victimization, Race, and Dropping Out
Darrick Hamilton (New School)
Timothy M. Diette (Washington and Lee University)
Art Goldsmith (Washington and Lee University)
William A. Darity, Jr. (Duke University)
[View Abstract]
Discussants:
Rodney J. Andrews (University of Texas-Dallas)
Darrick Hamilton (New School)
Monica Deza (University of Texas-Dallas)
Trevon D. Logan (Ohio State University)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics/International Association for Feminist Economics
Explorations in Gender and Economic Wellbeing (I1)
Presiding: Alicia Girón (National Autonomous University-Mexico)
Promoting Evidence-Based Policy Making for Gender Equality in Papua New Guinea
Yana Rodgers (Rutgers University)
Alice Kassens (Roanoke College)
[View Abstract]
Females’ Labor Force Participation and Job Opportunities in the Middle East
Ida A. Mirzaie (Ohio State University)
[View Abstract] [Download Preview]
Child Underweight and Agricultural Productivity in India – Implications for Public Provisioning and Women’s Agency
Swarna Sadasivam Vepa (M.S. Swaminathan Research Foundation)
Brinda Viswanath (Madras School of Economics)
Rohit Parasar (Leveraging Agriculture for Nutrition in South Asia Project and M. S. Swaminathan Research Foundation)
R.V. Bhavani (Leveraging Agriculture for Nutrition in South Asia Project and M. S. Swaminathan Research Foundation)
[View Abstract] [Download Preview]
Taming the Corporate Beast
Marianne Hill (Independent Researcher)
[View Abstract] [Download Preview]
Discussants:
Stephanie Seguino (University of Vermont)
Ulla Grapard (Colgate University)

Jan 04, 2015 8:00 am, Boston Marriott Copley, Orleans
Union for Radical Political Economics
Heterodox Perspectives on Piketty (E1)
Presiding: Gary Mongiovi (St. Johns University)
Thomas Piketty and the Search for r
Robert McKee (Independent Scholar)
[View Abstract] [Download Preview]
On Piketty’s Capitalism in the Twenty-First Century: Developing the Theory
Frank Thompson (University of Michigan)
[View Abstract] [Download Preview]
A Critical Analysis of the Economics and Politics of Thomas Piketty
Gerard Dumenil (University of Paris-10)
[View Abstract]
Piketty and Marginal Productivity Theory: A Superficial Application of a Very Bad Theory
Fred Moseley (Mount Holyoke College)
[View Abstract] [Download Preview]
Discussants:
Gary Mongiovi (St. Johns University)
Mehrene Larudee (Al Quds Bard College-Palestine)

Jan 04, 2015 10:15 am, Westin Copley, St. George D
Agricultural & Applied Economics Association
Heterogeneity and Trade: Applications to the Food and Agricultural Sector (Q1)
Presiding: Terry Roe (University of Minnesota)
Asia-Pacific Integration with China versus the United States: Examining Trade Patterns under Heterogeneous Agricultural Sectors
Kari Heerman (USDA Economic Research Service)
Shawn Arita (USDA Economic Research Service)
Gopinath Munisamy (USDA Economic Research Service)
[View Abstract] [Download Preview]
Import Penetration, Intermediate Inputs and Firms’ Productivity in the EU Food Industry
Alessandro Olper (University of Milano)
Danielle Curzi (University of Milano)
Valentina Raimondi (University of Milano)
[View Abstract] [Download Preview]
Food Processing Firms, Input Quality Upgrading and Trade
Eric Tseng (Ohio State University)
Ian Sheldon (Ohio State University)
[View Abstract] [Download Preview]
Discussants:
Ivan Kandilov (North Carolina State University)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 208
American Economic Association
Behavioral Economics in the Classroom (A2)
Presiding: Brigitte C. Madrian (Harvard University)
Principles of (Behavioral) Economics
David Laibson (Harvard University)
John List (University of Chicago)
Teaching a Behavioral Economics Elective: Highlighting the Evolution of Research in Economics
Ted O'Donoghue (Cornell University)
Behavioral Economics and Policy 102: Beyond the Nudge
Saurabh Bhargava (Carnegie Mellon University)
George Loewenstein (Carnegie Mellon University)
[Download Preview]

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 209
American Economic Association
Credit Cards (G2, D1)
Presiding: Victor Stango (University of California-Davis)
Are Young Borrowers Bad Borrowers? Evidence from the Credit Card Act of 2009
Peter Debbaut (Federal Reserve Bank of Richmond)
Andra Ghent (Arizona State University)
Marianna Kudlyak (Federal Reserve Bank of Richmond)
[View Abstract] [Download Preview]
Sticking to Your Plan: Hyperbolic Discounting and Credit Card Debt Paydown
Theresa Kuchler (New York University)
[View Abstract]
Dynamic Pricing of Credit Cards and the Effect of Regulation
Robert M. Hunt (Federal Reserve Bank of Philadelphia)
Konstantinos Serfes (Drexel University)
Suting Hong (Wabash College)
[View Abstract] [Download Preview]
Regulating Consumer Financial Products: Evidence from Credit Cards
Sumit Agarwal (National University of Singapore)
Souphala Chomsisengphet (Office of the Comptroller of the Currency)
Neale Mahoney (University of Chicago)
Johannes Stroebel (New York University)
[View Abstract] [Download Preview]
Discussants:
Brian Bucks (Consumer Financial Protection Bureau)
Jeremy Tobacman (University of Pennsylvania)
Daniel Grodzicki (Pennsylvania State University)
Ricardo Serrano-Padial (University of Wisconsin-Madison)

Jan 04, 2015 10:15 am, Sheraton Boston, Boston Common
American Economic Association
Credit Constraints and Educational Choices (I2, O1)
Presiding: Susan Dynarski (University of Michigan)
Credit Access and College Enrollment
Alex Solis (Uppsala University)
[View Abstract] [Download Preview]
University Choice: The Role of Expected Earnings, Non-Pecuniary Outcomes and Financial Constraints
Adeline Delavande (University of Essex)
Basit Zafar (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Using Observed Choices to Infer Agent's Information: Reconsidering the Importance of Borrowing Constraints, Uncertainty and Preferences in College Attendance
Salvador Navarro (University of Western Ontario)
[View Abstract] [Download Preview]
Credit and Insurance for Human Capital Investment
Alexander Monge-Naranjo (Federal Reserve Bank of St. Louis)
Lance J. Lochner (University of Western Ontario)
[View Abstract] [Download Preview]
Discussants:
Judith Scott-Clayton (Columbia University)
Matthew Wiswall (Arizona State University)
Katja Kaufmann (University of Bocconi)
Meta Brown (Federal Reserve Bank of New York)

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon B
American Economic Association
CSMGEP Dissertation Session (J1, R1)
Presiding: Mark Hugo Lopez (Pew Research Center)
The Size of the Central Bank's Balance Sheet: Implications for Capital Formation and the Yield Curve
Juan Medina (University of Alabama)
Robert Reed (University of Alabama)
[View Abstract]
Transportation Networks and the Geographic Concentration of Industry
Dustin Frye (University of Colorado-Boulder)
[View Abstract] [Download Preview]
Productivity Gains from Geographic Concentration of Human Capital: Is Specialization or Diversity More Important?
Michaela Patton (University of Alabama)
Robert Reed (University of Alabama)
Christopher Cunningham (Federal Reserve Bank of Atlanta)
[View Abstract]
The Quality of Time Spent with Children among Mexican Immigrants
Daniel Kidane (Texas Tech University)
Andres Vargas (Purdue University)
[View Abstract] [Download Preview]
Discussants:
Ngina S. Chiteji (New York University)
Nathaniel Baum-Snow (Brown University)
James H. Peoples (University of Wisconsin-Milwaukee)
Joseph P. Price (Brigham Young University)

Jan 04, 2015 10:15 am, Sheraton Boston, Independence Ballroom East
American Economic Association
Currency Risks: Empirical Facts and Theory Frontiers (F4, G1)
Presiding: Riccardo Colacito (University of North Carolina)
World Asset Markets and the Global Financial Cycle
Silvia Miranda Agrippino (London Business School)
Helene Rey (London Business School)
[View Abstract] [Download Preview]
Currency Premia and Global Imbalances
Pasquale Della Corte (Imperial College London)
Steven Riddiough (University of Warwick)
Lucio Sarno (Cass Business School)
[View Abstract] [Download Preview]
Forward and Spot Exchange Rates in a Multi-Country World
Tarek Hassan (University of Chicago)
Rui Mano (International Monetary Fund)
[View Abstract] [Download Preview]
Currency Risk Factors in a Recursive Multi-Country Economy
Riccardo Colacito (University of North Carolina)
Mariano Massimiliano Croce (University of North Carolina)
Federico Gavazzoni (INSEAD)
Robert Ready (Rochester University)
[View Abstract] [Download Preview]
Discussants:
Refet Gurkaynak (Bilkent University)
Matteo Maggiori (Harvard University)
Karen Lewis (University of Pennsylvania)
Pierre-Olivier Gourinchas (University of California-Berkeley)

Jan 04, 2015 10:15 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
Experiments with Firms in Developing Countries (L1, M1)
Presiding: Dean Karlan (Yale University)
Saving Constraints, Reputation, and Market Interlinkages: Evidence from the Kenya Dairy Industry
Lorenzo Casaburi (Stanford University)
Rocco Macchiavello (University of Warwick)
Ex Post (In) Efficient Negotiation and Breakdown of Trade
Rajkamal Iyer (Massachusetts Institute of Technology)
Antoinette Schoar (Massachusetts Institute of Technology)
Constraints to Growth for Small and Medium Enterprise in the Philippines: Qualitative Evidence from a Business School Student Engagement Class
Dean Karlan (Yale University)
Greg Fischer (London School of Economics)
Trust and Productivity: Evidence from Line-Level Production Data
Robert Akerlof (University of Warwick)
Rocco Macchiavello (University of Warwick)
Andreas Menzel (University of Warwick)
Christopher Woodruff (University of Warwick)

Jan 04, 2015 10:15 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
Fifty Years of Optimal Growth (O1, N1) (Panel Discussion)
Panel Moderator: Warren Young (Bar Ilan University)
Steven Durlauf (University of Wisconsin) Growth and Development
Oded Galor (Brown University) Growth and Development
M. Ali Khan (Johns Hopkins University) Growth and Development
Leonard Mirman (University of Virginia) Growth and Development
Paul Romer (New York University) Growth and Development
Karl Shell (Cornell University) Growth and Development
Stephen Spear (Carnegie Mellon University) Growth and Development

Jan 04, 2015 10:15 am, Sheraton Boston, Republic Ballroom Foyer
American Economic Association
Health and Family Economics (I1) (Poster Session)
Presiding: Ashley Hodgson (St Olaf University)
Transfers within the Extended Family: Theory and Evidence from South Africa
Eliane El Badaoui (Université Paris Ouest Nanterre La Défense)
Olivier Donni (Université de Cergy-Pontoise)
Financial Protection of a Rural Health Insurance Program in China
Julie Shi (Harvard University)
[Download Preview]
Is Marital Contract Really Just Risk Masquerading as a Promise?
Tarja Viitanen (University of Otago)
[Download Preview]
The Effect of Insurance Enrollment on Maternal and Child Health Care Utilization in Ghana
Gissele Gajate Garrido (IFPRI)
Clement Ahiadeke (University of Ghana)
[Download Preview]
Clarifying the Correlation of Income, Inequality, and Mortality: A Bayesian Model Averaging Approach
Markus P. A. Schneider (University of Denver)
Yavuz Yasar (University of Denver)
[Download Preview]
Premarital Investments and Multidimensional Matching
Hanzhe Zhang (University of Chicago)
[Download Preview]
Estimating Returns to Birthweight by Placenta Previa
Shiko Maruyama (University of Technology-Sydney)
Eskil Heinesen (Rockwool Foundation Research Unit)
[Download Preview]
Work and well-being of informal caregivers in Europe
Doerte Heger (Rheinisch-Westfalisches Institut fur Wirtschaftsforschung)
[Download Preview]
Incentives and Agency Behavior Concerning Economic Benefit and Health Benefit
Yidian Liu (Central University of Finance and Economics)
Shuainan Du (Central University of Finance and Economics)
Chen Ding (Central University of Finance and Economics)
Yali Tang (Central University of Finance and Economics)
Guanzhi Zhao (Central University of Finance and Economics)
Decline in Federal Disability Insurance Screening Stringency and Health Insurance Demand
Yue Li (University of Pittsburgh)
Siying Liu (University of Pittsburgh)
[Download Preview]
Persistence of Dowry in Modern India
Abhilasha Srivastava (American University)
The Impact of the COBRA Premium Subsidy on the Duration of Unemployment: Evidence from the 2009 American Recovery and Reinvestment Act (ARRA)
Chun-Chieh Hu (Syracuse University)
Health Care, Productivity Growth, and Convergence in Vietnamese Agriculture
Wendi Sun (Suffolk University)
Alison Kelly (Suffolk University)
Distributional Change, Pro-Poor Growth and Convergence: An Application to Non-Income Dimensions
Shatakshee Dhongde (Georgia Institute of Technology)
Jacques Silber (Bar-Ilan University)
[Download Preview]
Admission and Hospital Choice: Unintended Consequences of a Cost Reduction Policy
Diane Alexander (Princeton University)
Living Arrangements and Family Formation in Japan
Naoki Takayama (University of Minnesota)
Why Do Americans Work So Much More than Europeans? The Role of Employer-Sponsored Health Insurance and Uncertain Health Expenses
Kai Zhao (University of Connecticut)
Zhigang Feng (University of Illinois-Urbana-Champaign)
[Download Preview]
The Effects of Medically Underserved Area Designations on Access to Care
Joseph Benitez (University of Illinois-Chicago)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 203
American Economic Association
Industrial Transformation: Policy and Effects (O1)
Presiding: Ann Harrison (University of Pennsylvania)
Industrial Policy and Competition
Philippe Aghion (Harvard University)
Mathias Dewatripont (Universite Libre de Bruxelles)
Luosha Du (University of California-Berkeley)
Ann Harrison (University of Pennsylvania)
Patrick Legros (Université Libre de Bruxelles and CEPR)
[View Abstract] [Download Preview]
Agricultural Productivity and Industrial Transformation: Evidence from Brazil
Paula Bustos (CREI, Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
Bruno Caprettini (Universitat Pompeu Fabra)
Jacopo Ponticelli (University of Chicago)
[View Abstract] [Download Preview]
Reallocation Effects of Real Exchange Rate Undervaluations
Laura Alfaro (Harvard Business School)
Alejandro Cunat (University of Vienna)
Harald Fadinger (University of Vienna)
[View Abstract]
Africa at a Crossroads
Margaret McMillian (Tufts University)
Xinshen Diao (IPRI)
[View Abstract]
Discussants:
Fabrice Defever (University of Nottingham)
Katheryn Russ (University of California-Davis)
Eric Werker (Harvard Business School)
Paola Conconi (Université Libre de Bruxelles)

Jan 04, 2015 10:15 am, Sheraton Boston, Berkeley Room
American Economic Association
Lying, Beliefs and Psychological Games (C9, D8)
Presiding: Gary Charness (University of California-Santa Barbara)
You've Got Mail: A Randomized Field Experiment on Tax Evasion
Kristina Bott (Norwegian School of Economics)
Bertil Tungodden (Norwegian School of Economics)
Alexander Cappelen (Norwegian School of Economics)
Erik Sørensen (Norwegian School of Economics)
[View Abstract] [Download Preview]
Lying, Guilt, and Shame
Paul Smeets (Maastricht University)
Adam Greenberg (University of California-San Diego)
Lilia Zhurakhovska (University of Erlangen-Nurenberg)
[View Abstract] [Download Preview]
Demanding or Deferring? The Economic Value of Communication with Attitude
Dan Houser (George Mason University)
Siyu Wang (George Mason University)
[View Abstract] [Download Preview]
Self-Confidence and Strategic Behavior
Gary Charness (University of California-Santa Barbara)
Aldo Rustichini (University of Minnesota)
Jeroen van de Ven (University of Amsterdam)
[View Abstract] [Download Preview]
Discussants:
Ragan Petrie (George Mason University)
Ernesto Reuben (Columbia University)
Jordi Brandts (Autonomous University of Barcelona)
Markus Mobius (Microsoft Research)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 201
American Economic Association
Machine Learning Methods in Economics and Econometrics (C1, C8)
Presiding: Guido W. Imbens (Stanford University)
Machine Learning and Causality
Susan Athey (Stanford University)
Guido W. Imbens (Stanford University)
[View Abstract] [Download Preview]
Demand Analysis and Promotional Lift with High Dimensional Data
Patrick Bajari (Amazon)
Denis Nekipelov (University of California-Berkeley)
Stephen Ryan (University of Texas)
[View Abstract]
Instrumental Variables Estimation with Very Many Instruments and Controls
Victor Chernozhukov (Massachusetts Institute of Technology)
Christian Hansen (University of Chicago)
[View Abstract] [Download Preview]
Policy-Making: Causality and Prediction
Sendhil Mullainathan (Harvard University)
Jon Kleinberg (Cornell University)
[View Abstract]
Discussants:
Matt Taddy (University of Chicago)

Jan 04, 2015 10:15 am, Sheraton Boston, The Fens
American Economic Association
Macro/International II (E3, F3)
Presiding: Anna Mikusheva (Massachusetts Institute of Technology)
Macroeconomic Uncertainty Indices Based on Nowcast and Forecast Error Distributions
Barbara Rossi (Universitat Pompeu Fabra)
Tatevik Sekhposyan (Texas A&M University)
[View Abstract]
FOMC Forward Guidance and Investor Beliefs
Arunima Sinha (Fordham University)
[View Abstract]
A Tale of Two Countries: Sovereign Default, Exchange Rates, and Trade
Grace Gu (University of California-Santa Cruz)
[View Abstract]
Spatial Concentration of Buyer-Seller Matches in International Trade: The Role of Institutions and Infrastructure
Fariha Kamal (U.S. Census Bureau)
Asha Sundaram (University of Cape Town)
[View Abstract]

Jan 04, 2015 10:15 am, Sheraton Boston, Commonwealth
American Economic Association
Moral Values and Economic Behavior (A1, Z1)
Presiding: Alvin E. Roth (Stanford University)
Forbidden Fruits: The Political Economy of Science, Religion, and Growth
Roland Benabou (Princeton University)
Davide Ticchi (Institute for Advanced Studies-Lucca)
Andrea Vindigni (Institute for Advanced Studies-Lucca)
[View Abstract] [Download Preview]
Combating Vote-Selling: A Field Experiment in the Philippines
Allen Hicken (University of Michigan)
Stephen Leider (University of Michigan)
Nico Ravanilla (University of Michigan)
Dean Yang (University of Michigan)
[View Abstract] [Download Preview]
More Money, More Problems? Can High Pay Be Coercive And Repugnant?
Sandro Ambuehl (Stanford University)
Muriel Niederle (Stanford University)
Alvin E. Roth (Stanford University)
[View Abstract] [Download Preview]
Sacred Values? The Effect of Information on Attitudes toward Payments for Human Organs
Julio J. Elias (Universidad del CEMA)
Nicola Lacetera (University of Toronto)
Mario Macis (Johns Hopkins University)
[View Abstract] [Download Preview]
Discussants:
Andrei Shleifer (Harvard University)
Judd Kessler (University of Pennsylvania)
Theodore Bergstrom (University of California-Santa Barbara)
Rodney Garratt (Federal Reserve Bank of New York)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 206
American Economic Association
Optimal Persuasion (D8)
Presiding: Tymofiy Mylovanov (University of Pittsburgh)
Stress Tests and Information Disclosure
Itay Goldstein (University of Pennsylvania)
Yaron Leitner (Federal Reserve Bank of Philadelphia)
[View Abstract] [Download Preview]
Disclosure of Endogenous Information
Emir Kamenica (University of Chicago)
Matthew Gentzkow (University of Chicago)
[View Abstract] [Download Preview]
Persuading Voters
Ricardo Alonso (University of Southern California)
Odilon Camara (University of Southern California)
[View Abstract] [Download Preview]
Bayesian Persuasion with Heterogeneous Audience
Andriy Zapechelnyuk (University of Glasgow)
Tymofiy Mylovanov (University of Pittsburgh)
Ming Li (Concordia University)
[View Abstract]
Discussants:
Anton Kolotilin (University of New South Wales)
Tymofiy Mylovanov (University of Pittsburgh)
Emir Kamenica (University of Chicago)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 207
American Economic Association
Shocks and Disasters (E2, G1)
Presiding: Steven J. Davis (University of Chicago)
Growth-Rate and Uncertainty Shocks in Consumption: Cross-Country Evidence
Emi Nakamura (Columbia University)
Dmitriy Sergeyev (Bocconi University)
Jon Steinsson (Columbia University)
[View Abstract] [Download Preview]
Rare Disasters and Exchange Rates
Emmanuel Farhi (Harvard University)
Xavier Gabaix (New York University)
[View Abstract] [Download Preview]
What Triggers Stock Market Jumps?
Scott Ross Baker (Stanford University)
Nicholas Bloom (Stanford University)
Steven J. Davis (University of Chicago)
[View Abstract] [Download Preview]
The Great Influenza Pandemic as a Macroeconomic Shock
Robert Barro (Harvard University)
Jose Ursua (Goldman Sachs)
[View Abstract]

Jan 04, 2015 10:15 am, Sheraton Boston, Independence Ballroom West
American Economic Association
Social Behavior in the Field (D7, C9)
Presiding: Martijn van den Assem (Erasmus University Rotterdam)
Standing United or Falling Divided? High Stakes Bargaining in a TV Game Show
Dennie van Dolder (University of Nottingham)
Martijn van den Assem (Erasmus University Rotterdam)
Colin Camerer (California Institute of Technology)
Richard Thaler (University of Chicago)
[View Abstract] [Download Preview]
Cooperation in a Dynamic Fishing Game: A Framed Field Experiment
Charles Noussair (Tilburg University)
Daan van Soest (Tilburg University)
Jan Stoop (Erasmus University Rotterdam)
[View Abstract] [Download Preview]
"I Take Care of My Own": A Field Study on How Leadership Handles Conflict Between Individual and Collective Incentives
Romain Gauriot (Queensland University of Technology)
Lionel Page (Queensland University of Technology)
[View Abstract] [Download Preview]
Discussants:
Jan Stoop (Erasmus University Rotterdam)
Lionel Page (Queensland University of Technology)
Martijn van den Assem (Erasmus University Rotterdam)

Jan 04, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Social Insurance Programs and the Labor Market (H5, J1)
Presiding: Mark Duggan (Stanford University)
The Effect of Unemployment Benefits on the Duration of Unemployment: New Evidence from a Regression Kink Design in Missouri, 2003-2013
David Card (University of California-Berkeley)
Andrew Johnston (University of Pennsylvania)
Pauline Leung (Princeton University)
Alexandre Mas (Princeton University)
Zhuan Pei (Brandeis University)
[View Abstract] [Download Preview]
Veterans' Labor Force Participation: What Role does the VA's Disability Compensation Program Play?
Courtney Coile (Wellesley College)
Mark Duggan (Stanford University)
Audrey Guo (Stanford University)
[View Abstract] [Download Preview]
Earnings, Disposable Income, and Consumption of Allowed and Rejected Disability Insurance Applicants
Magne Mogstad (University of Chicago)
Andreas Kostol (University of Bergen)
Recall Expectations and Unemployment Outcomes
Arash Nekoei (IIES Stockholm University)
Andrea Weber (University of Mannheim)
Discussants:
Matthew Notowidigdo (University of Chicago)
Erzo Luttmer (Dartmouth College)
Petra Persson (Stanford University)
Camille Landais (London School of Economics)

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 202
American Economic Association
Spatial Misallocation (H7, R1)
Presiding: Chang-Tai Hsieh (University of Chicago)
City Growth and Aggregate Growth
Chang-Tai Hsieh (University of Chicago)
Enrico Moretti (University of California-Berkeley)
[View Abstract]
Trade, Migration and Regional Income Differences: Evidence from China
Trevor Tombe (University of Calgary)
Xiaodong Zhu (University of Toronto)
[View Abstract] [Download Preview]
Firm Sorting and Agglomeration
Cecile Gaubert (University of California-Berkeley)
[View Abstract] [Download Preview]
State Taxes, Internal Trade and Spatial Misallocation in the United States Economy
Pablo Fajgelbaum (University of California-Los Angeles)
Eduardo Morales (Princeton University)
Juan Carlos Suárez-Serrato (Duke University)
Owen Zidar (University of Chicago)
[View Abstract]
Discussants:
Klaus Desmet (Universidad Carlos III Madrid)
Jonathan I. Dingel (University of Chicago)
Gilles Duranton (University of Pennsylvania)
Lorenzo Caliendo (Yale University)

Jan 04, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
The Use of Administrative Data in Economic Research: Rewards, Risk, and Demand (H4, I3) (Panel Discussion)
Panel Moderator: John Haltiwanger (University of Maryland)
John N. Friedman (Harvard University) The Value of Public Administrative Data in Policy-Relevant Economic Research
Amy Finkelstein (Massachusetts Institute of Technology) The Value of Administrative Data for Randomized Evaluations
Ron Jarmin (U.S. Census Bureau) Confidentiality, Privacy Protection and Other Constraints on Stewards of Public Administrative Records
Katherine R. Smith (Council of Professional Associations on Federal Statistics) Demand and Preferences for Access to Federal Administrative Data: Results of a Survey

Jan 04, 2015 10:15 am, Hynes Convention Center, Room 204
American Economic Association
Understanding China's Environmental and Energy Challenges and Policy Options (Q5, Q4)
Presiding: Matthew Kahn (University of California-Los Angeles)
Self-Protection Investment Exacerbates Air Pollution Exposure Inequality in China
Siqi Zheng (Tsinghua University)
Matthew Kahn (University of California-Los Angeles and NBER)
Cong Sun (Tsinghua University)
[View Abstract] [Download Preview]
Environmental Regulation and SO2 Emission: Evidence from the SO2 Scrubber Subsidy in China
Guang Shi (Development Research Center of the State Council of China)
Li-an Zhou (Peking University)
Shilin Zheng (China Academy of Social Sciences)
Yougou Zhang (China Academy of Social Sciences)
[View Abstract] [Download Preview]
Will Shale Gas Reduce Carbon Emissions from China?
Ujjayant Chakravorty (Tufts University)
Carolyn Fischer (Resources for the Future)
Marie-Helene Hubert (University of Rennes-France)
[View Abstract]
Welfare Impacts of Fuel Economy Regulation in China
Shanjun Li (Cornell University)
Junji Xiao (Fudan University)
[View Abstract]
Discussants:
Erich Muehlegger (Harvard University and NBER)
Erin Mansur (Dartmouth College and NBER)
Lucija Muehlenbachs (University of Calgary)
Kenneth Gillingham (Yale University)

Jan 04, 2015 10:15 am, Westin Copley, Essex Center
American Finance Association
Cross-Sectional Asset Pricing (G1)
Presiding: Lu Zhang (Ohio State University)
Investment and the Cross-Section of Equity Returns
Gian Luca Clementi (New York University)
Berardino Palazzo (Boston University)
[View Abstract] [Download Preview]
Predicting Time-Varying Value Premium Using the Implied Cost of Capital
Yan Li (Temple University)
David Ng (Cornell University)
Bhaskaran Swaminathan (LSV Asset Management)
[View Abstract] [Download Preview]
Can Investment Shocks Explain Value Premium and Momentum Profits?
Lorenzo Garlappi (University of British Columbia)
Zhongzhi Song (Cheung Kong Graduate School of Business)
[View Abstract] [Download Preview]
Revealing Downturns
Martin Schmalz (University of Michigan)
Sergey Zhuk (University of Vienna)
[View Abstract] [Download Preview]
Discussants:
Xiaoji Lin (Ohio State University)
Chen Xue (University of Cincinnati)
Leonid Kogan (Massachusetts Institute of Technology)
Tobias Adrian (Federal Reserve Bank of New York)

Jan 04, 2015 10:15 am, Westin Copley, Essex North
American Finance Association
Finance and Politics (G3)
Presiding: Francesco Trebbi (University of British Columbia)
Mini West Virginias: Corporations as Government Dependents
Lauren Cohen (Harvard Business School)
Joshua Coval (Harvard Business School)
Christopher Malloy (Harvard Business School)
[View Abstract]
The Price of Political Uncertainty: Theory and Evidence from the Option Market
Bryan Kelly (University of Chicago)
Lubos Pastor (University of Chicago)
Pietro Veronesi (University of Chicago)
[View Abstract] [Download Preview]
The Political Economy of Bank Bailouts
Markus Behn (University of Bonn)
Rainer Haselmann (University of Bonn)
Thomas Kick (Deutsche Bundesbank)
Vikrant Vig (London Business School)
[View Abstract] [Download Preview]
Discussants:
Motohiro Yogo (Federal Reserve Bank of Minneapolis)
Jeffry Frieden (Harvard University)
Thomas Fujiwara (Princeton University)

Jan 04, 2015 10:15 am, Westin Copley, Essex South
American Finance Association
Market Microstructure and Informed Trading (G1)
Presiding: Albert S. Kyle (University of Maryland)
Moral Hazard, Informed Trading, and Stock Prices
Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
Vyacheslav Fos (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Trading Aggressiveness and Its Implications for Market Efficiency
Olga Lebedeva (University of Warwick)
[View Abstract] [Download Preview]
Insider Trading Patterns
David Cicero (University of Alabama)
Modupe Wintoki (University of Kansas)
[View Abstract] [Download Preview]
Institutional Presence
Johan Sulaeman (National University of Singapore)
Chishen Wei (Nanyang Technological University)
[View Abstract] [Download Preview]
Discussants:
Kerry Back (Rice University)
Joel Hasbrouck (New York University)
John Griffin (University of Texas)
Paul Schultz (University of Notre Dame)

Jan 04, 2015 10:15 am, Westin Copley, America North
American Finance Association
Media and Disclosure (G1)
Presiding: Paul Tetlock (Columbia University)
Rumor Has It: Sensationalism in Financial Media
Kenneth Ahern (University of Southern California)
Denis Sosyura (University of Michigan)
[View Abstract] [Download Preview]
Announcing the Announcement
Oliver Dessaint (University of Toronto)
Romain Boulland (ESSEC Business School)
[View Abstract] [Download Preview]
The Blame Game
Dexin Zhou (Emory University)
[View Abstract] [Download Preview]
Discussants:
Christopher Parsons (University of California-San Diego)
Marina Niessner (Yale University)
David Solomon (University of Southern California)

Jan 04, 2015 10:15 am, Westin Copley, America South
American Finance Association
Sovereign Debt and the Euro Crisis (G1)
Presiding: Annette Vissing-Jorgensen (University of California-Berkeley)
Financial Repression in the European Sovereign Debt Crisis
Bo Becker (Stockholm School of Economics)
Victoria Ivashina (Harvard Business School)
[View Abstract] [Download Preview]
Bank Ratings and Lending Supply: Evidence from Sovereign Downgrades
Manuel Adelino (Duke University)
Miguel Ferreira (Nova School of Business and Economics)
[View Abstract] [Download Preview]
The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks
Viral Acharya (New York University)
Sascha Steffen (European School of Management and Technology)
[View Abstract]
Evaluating the impact of unconventional monetary policy measures: Empirical evidence from the ECB's Securities Markets Programme
Fabian Eser (European Central Bank)
Bernd Schwaab (European Central Bank)
[View Abstract] [Download Preview]
Discussants:
Luc Laeven (International Monetary Fund)
Paola Sapienza (Northwestern University)
Andrew Metrick (Yale University)
Michael Bauer (Federal Reserve Bank of San Francisco)

Jan 04, 2015 10:15 am, Westin Copley, America Center
American Finance Association
Structural Estimation in Finance (G3)
Presiding: Erwan Morellec (Ecole Polytechnique Federale de Lausanne)
Measuring Marginal Q
Vito Gala (London Business School)
[View Abstract] [Download Preview]
Stochastic Idiosynchratic Operating Risk and Real Options: Implications for Stock Returns
Harjoat Bhamra (University of British Columbia)
Kyung Shim (University of New South Wales)
[View Abstract] [Download Preview]
Agency Conflicts Around the World
Erwan Morellec (Ecole Polytechnique Federale de Lausanne)
Boris Nikolov (University of Rochester)
Norman Schuerhoff (University of Lausanne)
[View Abstract] [Download Preview]
Discussants:
Lukas Schmid (Duke University and University of California-Los Angeles)
Janice Eberly (Northwestern University)
Andrey Malenko (Massachusetts Institute of Technology)
Arthur Korteweg (University of Southern California)

Jan 04, 2015 10:15 am, Westin Copley, Defender
American Real Estate & Urban Economic Association
Mortgage Originations (G2, D1)
Presiding: Albert Saiz (Massachusetts Institute of Technology)
Reputation and Exaggeration: Adverse Selection and Moral Hazard in the Mortgage Market
James Conklin (Pennsylvania State University)
Jiro Yoshida (Pennsylvania State University)
[View Abstract] [Download Preview]
A Systemic Approach to Home Loans: Continuous Workouts versus Fixed Rate Contracts
Robert Shiller (Yale University)
Rafal M. Wojakowski (University of Surrey)
M. Shahid Ebrahim (Durham University)
Mark Shackleton (Lancaster University)
[View Abstract] [Download Preview]
Measuring Mortgage Credit Accessibility
Wei Li (Urban Institute)
Bing Bai (Urban Institute)
Laurie Goodman (Urban Institute)
Ellen Seidman (Urban Institute)
Jun Zhu (Urban Institute)
[View Abstract] [Download Preview]
Information Losses in Home Purchase Appraisals
Paul Calem (Federal Reserve Bank of Philadelphia)
Lauren Lambie-Hanson (Federal Reserve Bank of Philadelphia)
Leonard Nakamura (Federal Reserve Bank of Philadelphia)
[View Abstract] [Download Preview]
Discussants:
Itzhak Ben-David (Ohio State University)
Maisy Wong (University of Pennsylvania)
David Geltner (Massachusetts Institute of Technology)
Albert Saiz (Massachusetts Institute of Technology)

Jan 04, 2015 10:15 am, Westin Copley, Empire
American Real Estate & Urban Economic Association
Traffic (R1, R4)
Presiding: Leah Brooks (Federal Reserve Board)
Cordon Tolling in a City with Congested Bridges
Jan Brueckner (University of California-Irvine)
[View Abstract] [Download Preview]
Pollution or Crime? The Effect of Driving Restrictions on Criminal Activity
Paul Carrillo (George Washington University)
Andrea Lopez (Harvard University)
Arun Malik (George Washington University)
[View Abstract]
Commute Costs and Labor Supply: Evidence from a Satellite Campus
Shihe Fu (Southwestern University of Finance and Economics)
V. Brian Viard (Cheung Kong Graduate School of Business)
[View Abstract]
Traffic Congestion and Gentrification
Richard Martin (University of Georgia)
Joseph Nicholson (Montclair State University)
[View Abstract]
Discussants:
Jeffrey Brinkman (Federal Reserve Bank of Philadelphia)
Antonio Bento (Cornell University)
Yong Suk Lee (Stanford University)
Victor Couture (University of California-Berkeley)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Tremont
Association for Comparative Economic Studies
Decentralization Theory and Its Implications for the Ukraine (P5, D7) (Panel Discussion)
Panel Moderator: Daniel Berkowitz (University of Pittsburgh)
Andrew Konitzer (University of Pittsburgh) Decentralization Theory and Its Implications for the Ukraine
Roger Myerson (University of Chicago) An Application of Political-Economic Analysis to Urgent Questions of Constitutional Reform in the Ukraine
Tymofiy Mylovanov (University of Pittsburgh) Decentralization Theory and Its Implications for the Ukraine
Gerard Roland (University of California-Berkeley) Decentralization Theory and Its Implications for the Ukraine
Daniel Treisman (University of California-Los Angeles) Decentralization Theory and Its Implications for the Ukraine

Jan 04, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Themes in the History of Economics for Heterodox Economists (B2)
Presiding: Sherry Davis Kasper (Maryville College)
History of Economics and Heterodox Economics
Carlo D'Ippoliti (Sapienza University of Rome)
Alessandro Roncaglia (Sapienza University of Rome)
[View Abstract] [Download Preview]
Classical Political Economy, the Subsistence Wage, and Job Guarantee Concerns
John F. Henry (University of Missouri-Kansas City)
[View Abstract] [Download Preview]
Was Veblen a Revisionist Marxist?
Steven Sawyer (Fashion Institute of Technology)
[View Abstract]
Early Institutionalists on 1920s Rising Inequality and the Great Depression
Bruce E. Kaufman (Georgia State University)
[View Abstract]
Institutionalists as Dissenters: Why Were Institutionalists Strongly Dissatisfied with Economics during the Postwar Period?
Marco Cavalieri (Federal University of Parana)
Felipe Almeida (Federal University of Parana)
[View Abstract] [Download Preview]
Discussants:
Reynold F. Nesiba (Augustana College)
Mary V. Wrenn (University of Cambridge)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Polanyi Revisited (Z1, G1)
Presiding: Zohreh Emami (Alverno College)
Decommodification of Financial Regulation: Some Unpleasant Lessons from the 2007 Crisis
Faruk Ulgen (University of Grenoble)
[View Abstract] [Download Preview]
Financialization and Society’s Protective Response: Reconsidering Polanyi’s Thesis
John P. Watkins (Westminster College)
[View Abstract] [Download Preview]
Theorizing “Double Movement” in the Age of Global Industrial Complex and Transnational Capital
Sudeep Regmi (University of Missouri-Kansas City)
[View Abstract]
A Sociology of Profit. Economic Sociology and the Profit Puzzle in Economics
Sascha Muennich (University of Göttingen)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Markets for Pollution (Q5, G1)
Presiding: Erica Myers (University of Illinois)
Rent-Seeking over Tradable Emission Permits: Theory and Evidence
Ashwin Rode (University of California-Santa Barbara)
[View Abstract] [Download Preview]
Pollution Permit Consignment Auctions: Theory and Experiments
Noah Dormady (Ohio State University)
Paul Healy (Ohio State University)
[View Abstract] [Download Preview]
The Co-Benefits of Climate Policy: An Empirical Analysis of the EU Emissions Trading Scheme
Ulrich Wagner (University of Madrid)
[View Abstract]
Applying Asset Pricing Theory to Calibrate the Price of Climate Risk
Gernot Wagner (Environmental Defense Fund and Columbia University)
Kent Daniel (Columbia University)
Robert Litterman (Kepos Capital)
[View Abstract] [Download Preview]
Discussants:
Erica Myers (University of Illinois)
Sanjay Patnaik (George Washington University)
Stephen Holland (University of North Carolina-Greensboro)
Christian Traeger (University of California-Berkeley)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Boylston
Association of Financial Economists
Family Firms, Internal Capital Markets and Entrepreneurship (G3, F3)
Presiding: Daniel Wolfenzon (Columbia University)
Internal Information Asymmetry, Internal Capital Markets, and Firm Value
Matthew Billett (Indiana University)
Chen Chen (University of Auckland)
Xiumin Martin (Washington University-St. Louis)
Xin Wang (University of Hong Kong)
[View Abstract] [Download Preview]
Blood and Money: Kin Altruism, Governance, and Inheritance in the Family Firm
Thomas Noe (University of Oxford)
[View Abstract] [Download Preview]
Household Inequality, Corporate Capital Structure and Entrepreneurial Dynamism
Fabio Braggion (Tilburg University)
Mintra Dwarkasing (Tilburg University)
Steven Ongena (Tilburg University and University of Zurich)
[View Abstract] [Download Preview]
Discussants:
Simi Kedia (Rutgers University)
Vikram Nanda (Rutgers University)
William Kerr (Harvard Business School)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Tufts
Association of Indian Economics & Financial Studies
Gender, Socioeconomics and Development (O2, O1)
Presiding: Amitrajeet A. Batabyal (Rochester Institute of Technology)
Women and Corruption: What Positions Must They Hold to Make a Difference?
Chandan K. Jha (Louisiana State University)
Sudipta Sarangi (Louisiana State University)
[View Abstract]
Corruption and Human Capital: A Cross-National Analysis
Shrabani Saha (Lincoln Business School-United Kingdom)
Arusha Cooray (University of Nottingham-Malasia)
[View Abstract]
Stagnation or Transition? Poverty Traps and the Dynamics of Household Income
Raj Arunachalam (University of Michigan)
Ajay Shenoy (University of California-Santa Cruz)
[View Abstract] [Download Preview]
Can improving women's inheritance rights improve the welfare of women?
Nayana Bose (Vanderbilt University)
Shreyasee Das (University of Wisconsin-Whitewater)
[View Abstract] [Download Preview]
Will India’s Human Capital Deliver Its Demographic Dividend?
Emerald Anderson (University of California-Santa Barbara)
Rajeev Sooreea (Dominican University of California)
Gigi Gokcek (Dominican University of California)
Daniel Tapia-Jimenez (University of California-Davis)
[View Abstract]
Divergence of Fortune: The Unequal Effects of Economic Liberalization in India
Raja Kali (University of Arkansas)
Jayati Sarkar (Indira Gandhi Institute for Development Research)
[View Abstract]
Discussants:
Nayana Bose (Vanderbilt University)
Subarna Samanta (College of New Jersey)
Raj Arunachalam (University of Michigan)
Nandita Dasgupta (University of Maryland Baltimore County)
Shailendra Gajanan (University of Pittsburgh-Bradford)
Anusua Dutta (Philadelphia University)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Maine
Chinese Economic Association in North America
Firms, Insurance, and Market Frictions (E2, G3)
Presiding: Yi Wen (Federal Reserve Bank of St. Louis)
Investment Shocks, Durable Goods and the Comovement
Been-Lon Chen (Academia Sinica)
Shian-Yu Liao (National Taiwan University)
[View Abstract]
Uterus at a Price: Disability Insurance and Hysterectomy
Elliott Fan (National Taiwan University)
Hsien-Ming Lien (National Chengchi University)
Ching-to Albert Ma (Boston University)
[View Abstract]
Do Treasure Islands Create Firm Value?
Siu-Kai Choy (Shanghai University of Finance and Economics)
Tat-kei Lai (Copenhagen Business School)
Travis Ng (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
Credit Search and the Credit Cycle
Feng Dong (Shanghai Jiao Tong University)
Pengfei Wang (Hong Kong University of Science and Technology)
Yi Wen (Federal Reserve Bank of St. Louis)
[View Abstract]
Discussants:
Feng Dong (Shanghai Jiao Tong University)
Min-Chung Hsu (National Graduate Institute for Policy Studies)
Silvio Contessi (Federal Reserve Bank of St. Louis)
Yi-Chan Tsai (National Taiwan University)

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon G
Econometric Society
Contracts, Incentives and Firms (G3)
Presiding: Efraim Benmelech (Northwestern University)
Efficient Contracting in Network Markets
Darrell Duffie (Stanford University)
Chaojun Wang (Stanford University)
[View Abstract]
Ambiguity Aversion, Disagreement, and the Theory of the Firm
David L. Dicks (University of North Carolina)
Paulo Fulghieri (University of North Carolina)
[View Abstract] [Download Preview]
Lawyers in the Executive Suite: Gatekeepers as Internal Governance
Adair Morse (University of California-Berkeley)
Wei Wang (Queen's University)
Serena Wu (Queen's University)
[View Abstract]
Discussants:
Konstantin Milbradt (Northwestern University)
Simon Gervais (Duke University)
Carola Frydman (Northwestern University)

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon E
Econometric Society
Eliciting Information for a Stopping Time Decision (C1)
Presiding: Sidartha Gordon (Sciences Po)
Optimal Stopping with Private Information
Thomas Kruse (Université d'Evry Paris)
Philipp Strack (Microsoft Research New England)
[View Abstract]
Over-Cautious or Trigger-Happy Advisors---When Best to Stop
Sidartha Gordon (Sciences Po)
Nicolas Alexandre Klein (University of Montreal)
[View Abstract]
The Importance of Being Honest
Nicolas Alexandre Klein (University of Montreal)
[View Abstract]
Dynamic Delegation of Experimentation
Yingni Guo (Northwestern University)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon D
Econometric Society
Global Lessons from the Eurozone Crisis (E3)
Presiding: Thomas Philippon (New York University)
Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone
Thomas Philippon (New York University)
Philippe Martin (Sciences Po)
[View Abstract] [Download Preview]
Who Owns Europe's Firms? Globalization and Foreign Investment in Europe
Sebnem Kalemli-Ozcan (University of Maryland)
Volodymyr Korsun (University of Houston)
Bent Sorenson (University of Houston)
Carolina Villegas-Sanchez (ESADE)
[View Abstract]
What Drives the German Current Account? And How Does it Affect Other EU Member States?
Robert Kollmann (Université Libre de Bruxelles and CEPR)
Marco Ratto (European Commission)
Werner Roeger (European Commission)
Jan in't Veld (European Commission)
Lukas Vogel (European Commission)
[View Abstract] [Download Preview]
Heterogeneous Countries in a Financial Union
Filippo Balestrieri (Hewlett-Packard Laboratories)
Suman Sambha Basu (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Ivan Werning (Massachusetts Institute of Technology)
Vania Stavrakeva (London Business School)
Patricia Gomez-Gonzalez (Bank of Spain)

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon H
Econometric Society
Labor Market Search and Career Dynamics (J2, J3)
Presiding: George-Levi Gayle (Washington University-St. Louis)
Job Search and Migration in a System of Cities
Modibo Sidibe (Duke University)
Benoit Schmutz (Howard University)
[View Abstract] [Download Preview]
Post Schooling Human Capital Investments and the Life Cycle Variance of Earnings
Thierry Magnac (Toulouse School of Economics)
Nicolas Pistolesi (Toulouse School of Economics)
Sebastien Roux (Banque de France)
[View Abstract] [Download Preview]
Promotion, Turnover and Compensation in the Executive Labor Market
George-Levi Gayle (Washington University-St. Louis)
Limor Golan (Washington University-St. Louis)
Robert Allen Miller (Carnegie Mellon University)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Sheraton Boston, Public Garden
Econometric Society
Personnel and Human Resources (M5) (Panel Discussion)
Panel Moderator: Nicola Persico (Northwestern University)
Edward Lazear (Stanford University) Personnel Economics: Using Economics to Understand People Issues
John Van Reenen (London School of Economics) Personnel and Human Resources
Oriana Bandiera (London School of Economics) Personnel and Human Resources Discussion

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon F
Econometric Society
Time Series Methods (C5)
Presiding: Dacheng Xiu (University of Chicago)
Fitting Vast Dimensional Time-Varying Covariance Models
Robert F. Engle (New York University)
Cavit Pakel (Bilkent University)
Neil Shephard (Harvard University)
Kevin Keith Sheppard (University of Oxford)
[View Abstract] [Download Preview]
Sign Restrictions, Structural Vector Autoregressions, and Useful Prior Information
Christiane Baumeister (Bank of Canada)
James D. Hamilton (University of California-San Diego)
[View Abstract] [Download Preview]
Measuring Uncertainty about Long-Run Predictions
Ulrich K. Müller (Princeton University)
Mark W. Watson (Princeton University)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Sheraton Boston, Beacon A
Economic History Association
Politics and Institutions (N2)
Presiding: Paul Rhode (University of Michigan)
The Financial Power of the Powerless: Socio-Economic Status and Interest Rates under Weak Rule of Law
Jared Rubin (Chapman University)
Timur Kuran (Duke University)
[View Abstract] [Download Preview]
Unified China and Divided Europe
Tuan-Hwee Sng (National University of Singapore)
Mark Koyama (George Mason University)
Chiu Yu Ko (National University of Singapore)
[View Abstract] [Download Preview]
Finding the Fat: The Relative Impact of Budget Fluctuations on African-American Schools
Richard Baker (Vanderbilt University)
[View Abstract] [Download Preview]
Extractive Institutions and Gains from Trade: Evidence from Colonial Africa
Federico Tadei (California Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Eric Chaney (Harvard University)
Se Yan (Peking University)
Paul Rhode (University of Michigan)
Nathan Nunn (Harvard University)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Vermont
Economic Science Association
Political Engineering (D7, D6)
Presiding: T. Nicolaus Tideman (Virginia Tech)
Quadratic Voting
Steven P. Lalley (University of Chicago)
E. Glen Weyl (Microsoft Research New England)
[View Abstract] [Download Preview]
Aggregating Local Preferences To Guide Policy
Daniel Benjamin (Cornell University)
Gabriel Carroll (Stanford University)
Ori Heffetz (Cornell University)
Miles Kimball (University of Michigan)
[View Abstract] [Download Preview]
Storable Votes and Judicial Nominations in the United States Senate.
Alessandra Casella (Columbia University)
Sebastien Turban (California Institute of Tecnology)
Gregory Wawro (Columbia University)
[View Abstract] [Download Preview]
Purchasing Votes without Cash: Implementing Quadratic Voting Outside the Lab
Roman David Zarate (University of California-Berkeley)
Cesar Mantilla (Toulouse School of Economics)
Juan Camilo Cárdenas (Universidad de los Andes)
[View Abstract] [Download Preview]
Discussants:
Eric S. Maskin (Harvard University)
Richard J. Zeckhauser (Harvard University)
John Morgan (University of California-Berkeley)
Erik Snowberg (California Institute of Technology)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom--Salons J & K
Economists for Peace & Security
United States-Russia: Avoiding a New Cold War (F5) (Panel Discussion)
Panel Moderator: Richard Kaufman (Bethesda Research Institute)
Robert Skidelsky (Warwick University)
Allen Sinai (Decision Economics)
Stephen Walt (Harvard University)
Charles Knight (Project on Defense Alternatives)
James Carroll (Boston Globe)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Provincetown
Health Economics Research Organization
New Evidence on Geographic Variations in Health Care (I1)
Presiding: Joseph Newhouse (Harvard University)
Do Commercial Health Care Prices Influence Medicare Spending?
John A. Romley (University of Southern California)
Erin Trish (University of Southern California)
Dana P. Goldman (University of Southern California)
[View Abstract]
Geographic Variation in Medical Spending
Joseph Newhouse (Harvard University)
[View Abstract] [Download Preview]
Geographic Variation in Quality of Care for Commercially Insured Patients
Michael Richard McKellar (Harvard University)
Mary Beth Landrum (Harvard University)
Teresa Gibson (Harvard University)
Bruce Landon (Harvard University)
A. Mark Fendrick (University of Michigan)
Michael Chernew (Harvard University)
[View Abstract]
Discussants:
Joshua Graff Zivin (University of California-San Diego)
Carrie Colla (Dartmouth University)
Austin Frakt (Boston University)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Simmons
Industrial Organization Society
Frontiers of Empirical Industrial Organization (L1)
Presiding: Marc Rysman (Boston University)
Drip Pricing When Consumers Have Limited Foresight: Evidence from Driving School Fees
David Muir (University of Pennsylvania)
Katja Seim (University of Pennsylvania)
Maria Ana Vitorino (University of Minnesota)
[View Abstract] [Download Preview]
The Welfare Effects of Congestion in Uncoordinated Assignment: Evidence from the NYC HS Match
Atila Abdulkadiroglu (Duke University)
Nikhil Agarwal (Massachusetts Institute of Technology)
Parag A. Pathak (Massachusetts Institute of Technology)
[View Abstract]
Deposit Competition and Financial Fragility: Evidence from the United States Banking Sector
Mark Egan (University of Chicago)
Ali Hortacsu (University of Chicago)
Gregor Matvos (University of Chicago)
[View Abstract]
Information Frictions and the Welfare Consequences of Adverse Selection
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
Johannes Spinnewijn (London School of Economics)
Discussants:
Chris Conlon (Columbia University)
Francesco Decarolis (Boston University)
Ginger Zhe Jin (University of Maryland)
Dan Ackerberg (University of Michigan)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Yarmouth
International Association for Feminist Economics
(Feminist) Economic Decision Making: Marriage, Mobility, and Fertility (J6)
Presiding: Julie Nelson (University of Massachusetts-Boston)
Common Law Marriage, Couple Formation, and Marriage
Shoshana Grossbard (San Diego State University)
Victoria Vernon (Empire State College)
[View Abstract] [Download Preview]
Women in the Economy in India: Insights from the NSS Data on Migration
Smriti Rao (Assumption College)
[View Abstract] [Download Preview]
Pension and the Family
Mizuki Komura (Nagoya University)
[View Abstract] [Download Preview]
Assets and Shocks: A Gendered Analysis of Ecuador, Ghana, and Karnataka, India
Cheryl Doss (Yale University)
Abena D. Oduro (University of Ghana)
Carmen Diana Deere (University of Florida)
Hema Swaminathan (Centre for Public Policy-Indian Institute of Management Bangalore)
William Baah-Boateng (University of Ghana-Legon)
J. Y. Suchitra (Indian Institute of Management Bangalore)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon H
International Banking Economics & Finance Association
Stress Tests and Systemic Risk (G1, G2)
Presiding: Kasper Roszbach (Sveriges Riksbank)
Did the EBA Capital Exercise Cause a Credit Crunch in the Euro Area?
Jean-Stéphane Mésonnier (Banque de France)
Allen Monks (Banque de France)
[View Abstract] [Download Preview]
A Probability-Based Stress Test of Federal Reserve Assets and Income
Jens Christensen (Federal Reserve Bank of San Francisco)
José Lopez (Federal Reserve Bank of San Francisco)
Glenn Rudebusch (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Systemic Risk and Market Liquidity
Kebin Ma (Warwick University)
[View Abstract] [Download Preview]
When Are Fire Sales Inefficient?
Anton Korinek (Johns Hopkins University)
[View Abstract]
Discussants:
Jakob de Haan (De Nederlandsche Bank)
Scott Frame (Federal Reserve Bank of Atlanta)
Anton Korinek (Johns Hopkins University)
Toni Ahnert (Bank of Canada)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Harvard
International Economic & Finance Society
Firms, Productivity and Exporting (F1)
Presiding: Benjamin C. Zissimos (University of Exeter)
Global Engagement and the Occupational Structure of Firms
Carl Davidson (Michigan State University)
Fredrik Heyman (Research Institute of Industrial Economics-Sweden)
Steven Matusz (Michigan State University)
Susan Chun Zhu (Michigan State University)
[View Abstract] [Download Preview]
Preparing to Export
Claudio Labanca (University of California-San Diego)
Danielken Molina (Inter-American Development Bank)
Marc-Andreas Muendler (University of California-San Diego)
[View Abstract] [Download Preview]
Not So Demanding: Preference Structure, Firm Behavior, and Welfare
Monika Mrázová (University of Geneva)
Peter Neary (University of Oxford)
[View Abstract] [Download Preview]
Price and Quality Dynamics in Export Markets
Joel B. Rodrigue (Vanderbilt University)
Yong Tan (Nanjing University)
[View Abstract] [Download Preview]

Jan 04, 2015 10:15 am, Sheraton Boston, Riverway
Korea-America Economic Association
Dynamic Cooperation: Theory and Evidence (C7, D8)
Presiding: Taeyoon Sung (Yonsei University)
Sands in the Wheels: Cooperation with Imperfect Monitoring in Continuous Time
Maria Bigoni (University of Bologna)
Marco Casari (University of Bologna)
Andrzej Skrzypacz (Stanford University)
Giancarlo Spagnolo (Stockholm School of Economics and University of Rome Tor Vergat)
[View Abstract]
Asynchronicity of Moves and Coordination
Attila Ambrus (Duke University)
Yuhta Ishii (Harvard University)
Stable Observable Behavior
Yuval Heller (University of Oxford)
Erik Mohlin (University of Oxford)
[View Abstract] [Download Preview]
Cooperation in Continuous Dilemma and Uncertain Reaction Lag
In-Uck Park (University of Bristol)
[View Abstract] [Download Preview]
Discussants:
Keiichi Kawai (University of New South Wales)
Suehyun Kwon (University College London)
Jihong Lee (Seoul National University)
Tadashi Sekiguchi (Kyoto University)

Jan 04, 2015 10:15 am, Westin Copley, North Star
Labor & Employment Relations Association
Employment Relations in the Healthcare Setting (J4)
Presiding: Jason Hockenberry (Emory University)
Nurse Unions and Patient Outcomes
Arindrajit Dube (University of Massachusetts-Amherst)
Ethan Kaplan (University of Maryland)
Owen Thompson (University of Wisconsin-Milwaukee)
[View Abstract]
Wage Dispersion and Firm Financial Performance: Evidence from Non-Profit Hospitals
Nathan Dong (Columbia University)
[View Abstract]
More Battles among Licensed Occupations: Estimating The Effects of Scope of Practice and Direct Access on the Chiropractic, Physical Therapist, and Physician Labor Market
Edward Timmons (Saint Francis University)
Jason Hockenberry (Emory University)
Christine Piette Durrance (University of North Carolina)
[View Abstract]
Who Cares About the Health of Health Care Professionals? An 18-Years Longitudinal Study of Work Demands, Health, Job Satisfaction
Amit Kramer (University of Illinois-Urbana-Champaign)
Jooyeon Son (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Discussants:
Christine DePasquale (Emory University)
Seth Richards-Shubik (Carnegie Mellon University)
Morris Kleiner (University Of Minnesota)
James Burgess (Boston University)

Jan 04, 2015 10:15 am, Westin Copley, Courier
Labor & Employment Relations Association
Inequality and Its Effect on Economic Growth (J1)
Presiding: Heather Boushey (Center for American Progress)
The Implications of Growing Wealth Inequality for Entrepreneurship among Older Households
Christian E. Weller (University of Massachusetts-Boston)
[View Abstract] [Download Preview]
Debt and Inequality: Is Growing Indebtedness Laying the Foundation for Future Instability?
Jeffrey Thompson (Federal Reserve Board)
[View Abstract]
Job-to-Job Mobility: Implications for Growth
Marshall Steinbaum (University of Chicago)
[View Abstract]
Discussants:
Georgianna Melendez (University of Massachusetts-Boston)
Damon Silvers (AFL-CIO)

Jan 04, 2015 10:15 am, Westin Copley, Great Republic
Labor & Employment Relations Association
Labor Economist at Work: Honoring the Life and Work of Casey Ichniowski (J8)
Presiding: Thomas A. Kochan (Massachusetts Institute of Technology)
Public Sector Unionization
Richard B. Freeman (Harvard University)
[View Abstract]
Insider Economics
Kathryn L. Shaw (Stanford University)
Sports Analytics
Ann Bartel (Columbia University)
Discussants:
Harry Holzer (Georgetown University)
Joel Cutcher-Gershenfeld (University of Illinois-Urbana-Champaign)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Suffolk
National Association of Forensic Economics
Forensic Economics IV (K2, K2)
Presiding: Larry Spizman (State University of New York-Oswego)
The Impact of a Randomly-Assigned TPM Initiative on Retirement Decisions
Kevin Cahill (Boston College)
[View Abstract] [Download Preview]
Using Recursive Methods for Estimating Commercial Damages: Three Case Studies
Patrick Anderson (Anderson Economic Group)
Jeff Johnson (Supported Intelligence)
Walter McManus (McManus Analytics)
[View Abstract] [Download Preview]
Adjusting Damages in Employment Cases for Federal and State Income Taxes and Social Security and Medicare Taxes
Thomas Roney (Thomas Roney LLC)
Nora Ostrofe (HSNO)
[View Abstract]
Discussants:
Victor Matheson (College of the Holy Cross )
Michael Nieswiadomy (University of North Texas)
Craig Allen (Commonwealth Research Group)

Jan 04, 2015 10:15 am, Boston Marriott Copley, New Hampshire
National Economic Association
Migration and Urbanization in Africa (O1)
Presiding: Isabel Ruiz (University of Oxford)
The Labour Market Impacts of Forced Migration
Isabel Ruiz (University of Oxford)
Carlos Vargas-Silva (University of Oxford)
[View Abstract] [Download Preview]
Immigration and Labour Market Outcomes of Natives in Developing Countries: A Case Study of South Africa
Nzinga Broussard (IMPAQ International, LLC)
[View Abstract]
Inter-Generational Study of Educational Achievement in the Poor Urban Areas in Sub-Saharan Africa: Evidence from the Nairobi Informal Settlements
Maharouf Oyolola (African Population & Health Research Center)
[View Abstract]
Migration and Educational Outcomes in Burundi: The Role of Refugee and IDP Experiences and Gender
Carlos Vargas-Silva (University of Oxford)
Sonja Fransen (Maastricht University)
Melissa Siegel (Maastricht University)
[View Abstract]
Discussants:
William A. Darity, Jr. (Duke University)
Rhonda Sharpe (Morehouse College)
Charles Becker (Duke University)
Patrick Mason (Florida State University)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Wellesley
Society of Government Economists
Exploring the Potential for Improvements in Economics Education (A2)
Presiding: Deirdre N. McCloskey (University of Illinois-Chicago and AIRLEAP)
Training the Ethical Economist
George DeMartino (University of Denver)
[View Abstract]
When Is Flipping Effective in Teaching Economics? Two Experiments in 'Active' Learning
Richard Anderson (Lindenwood University)
Areerat Kichkha (Lindenwood University)
[View Abstract]
The Economic Arguments for Government-Sponsored, Massive Open Online Courses (MOOCs) in Economics
Steven Payson (AIRLEAP)
Kenneth Payson (AIRLEAP)
[View Abstract]
The Case for Including Economic Thought in the Education of Business Students
Brian W. Sloboda (University of Phoenix)
Anita Cassard (University of Phoenix)
[View Abstract]
Valuing ‘Free’ Entertainment in GDP
Rachel Soloveichik (U.S. Bureau of Economic Analysis)
[View Abstract] [Download Preview]
Discussants:
Seth Giertz (University of Nebraska-Lincoln)
Reza Kheirandish (Clayton State University)
Mark Costa (Sustain Software)
Shabnam Mousavi (Johns Hopkins University)
Amelie F. Constant (Institute for the Study of Labor and George Washington University)

Jan 04, 2015 10:15 am, Sheraton Boston, Clarendon Room
Transportation & Public Utilities Group
Emerging Issues in Telecommunications (L9, L5)
Presiding: Nathan Miller (Georgetown University)
Usage-Based Pricing and Demand for Residential Broadband
Aviv Nevo (Northwestern University)
John L. Turner (University of Georgia)
Jonathan W. Williams (University of Georgia)
[View Abstract]
An Evaluation of Funding Decisions and Outcomes from BTOP-Funded Programs
Janice A. Hauge (University of North Texas)
[View Abstract]
Universal Service: Now It’s Getting Personal
Jeffrey T. Macher (Georgetown University)
John W. Mayo (Georgetown University)
Olga Ukhaneva (Georgetown University)
Glenn Woroch (University of California-Berkeley)
[View Abstract]
Trust in Regulatory Regimes
Douglas N. Jones (Ohio State University)
[View Abstract]
Discussants:
Nathan Miller (Georgetown University)
Scott Wallsten (Technology Policy Institute)
Carolyn Gideon (Tufts University)
Scott Savage (University of Colorado)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Orleans
Union for Radical Political Economics
Marx’s Theory of Money and the MELT (B5)
Presiding: Fred Moseley (Mount Holyoke College)
Interlocking Turnover Continua and the Structure of Capital: Part 2
Daniel Saros (Valparaiso University)
[View Abstract]
The Determination of the Monetary Expression of Labor Time Under the Inconvertible Credit Money System
Dong-Min Rieu (Chungnam National University)
[View Abstract] [Download Preview]
An Alternative Approach to the Monetary Expression of Labor Time
Hyun Woong Park (University of Massachusetts-Amherst)
[View Abstract]
Marx’s Theory of Money and 21st Century Macrodynamics
Tai Young-Taft (Simon's Rock College)
[View Abstract] [Download Preview]
Discussants:
Fred Moseley (Mount Holyoke College)
John Weeks (University of London)

Jan 04, 2015 10:15 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
Thinking about the History of Radical Economics: Working People and the Organization of Production (B2)
Presiding: Lane Vanderslice (World Hunger Education Service)
The Political Economy of Poverty and Inequality: A Retrospective
Howard Wachtel (American University)
[View Abstract]
The Revolution in Women's Work Lives in Capitalism and Patriarchy--What Did Socialist-Feminist Scholarship Contribute
Heidi Hartmann (Institute for Women's Policy Research)
[View Abstract]
Complicating the Labor Market as a Social Institution
Michael Zweig (State University of New York-Stony Brook)
[View Abstract]
Workers, Women, and Revolution: A Marxist-Feminist Perspective on URPE
Julie Matthaei (Wellesley College)
[View Abstract] [Download Preview]
Discussants:
Marlene Kim (University of Massachusetts-Boston)
Christopher Gunn (Hobart and William Smith Colleges)

Jan 04, 2015 12:30 pm, Sheraton Boston, Grand Ballroom
American Economic Association
Nobel Laureate Luncheon - Fee Event
Presiding: Richard Thaler (University of Chicago)
Per Stromberg (Stockholm School of Economics) Per Stomberg is a Member of the Economic Sciences Prize Committee, He will be Speaking on the Topic for which the Prize was Awarded: "Empirical Analysis of Asset Prices"
Tobias Moskowitz (University of Chicago)
Monika Piazzesi (Stanford University)
Nicholas Barberis (Yale University)

Jan 04, 2015 12:30 pm, Westin Copley, Staffordshire
American Real Estate & Urban Economic Association
Presidential Luncheon -- Fee Event
Presiding: Stuart Rosenthal (Syracuse University)
Yongheng Deng (National University of Singapore)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, New Hampshire
American Society of Hispanic Economists/American Economic Association
Programs and Policies Affecting Education and Health Outcomes (I1, I2)
Presiding: Marie Mora (University of Texas-Pan American)
Assessing the Effects of New Mexico’s K-3 Plus Summer Learning Initiative on the Achievement of Bilingual Students
Damon Cann (Utah State University)
Mustafa Karakaplan (Utah State University)
Margaret Lubke (Utah State University)
Cyndi Rowland (Utah State University)
[View Abstract]
Falling through the Cracks? Grade Retention among Children of Unauthorized Immigrants
Catalina Amuedo-Dorantes (San Diego State University)
Mary Lopez (Occidental College)
[View Abstract]
Effect of School Breakfast Programs on the Prevalence of Breakfast Skipping, Double-Dipping, and Obesity among Adolescents: A Time Use Perspective.
Andres Vargas (Purdue University)
[View Abstract] [Download Preview]
Breaking Bad: Are Meth Labs Justified in Dry Counties?
Jose Fernandez (University of Louisville)
Stephan Gohmann (University of Louisville)
Joshua Pinkston (University of Louisville)
[View Abstract] [Download Preview]
Discussants:
Madeline Zavodny (Agnes Scott College)
Myriam Quispe-Agnoli (University of Georgia)
Maria Enchautegui (Urban Institute)
Carlos Vargas-Silva (University of Oxford)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Consumers, Debt, and Social Provisioning (D1)
Presiding: Mario Seccareccia (University of Ottawa)
Inadequate Household Deleveraging: Income, Debt and Social Provisioning
Steven Pressman (Monmouth University)
Robert H. Scott III (Monmouth University)
[View Abstract] [Download Preview]
Theorizing Household Savings Behaviors within the Social Provisioning Process
John R. Moreau (University of Missouri-Kansas City)
[View Abstract]
Paying for Debt: The Labor Market Implications of Growing Household Debt
Bert Azizoglu (New School)
[View Abstract]
Social Provisioning for Financial Inclusion: Extending an Institutional Approach
Sherry Davis Kasper (Maryville College)
[View Abstract]
Social Provisioning and Financial Regulation: An Institutionalist-Minskyian Agenda for Reform
Faruk Ulgen (University of Grenoble)
[View Abstract] [Download Preview]
Discussants:
Arif Ruzgar (University of Erfurt)
Eugenia Correa (National Autonomous University-Mexico)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Policy Priorities in Response to Labor Flexibilization (J8, J3) (Panel Discussion)
Panel Moderator: Deborah Figart (Richard Stockton College of New Jersey)
Teresa Ghilarducci (New School)
Eileen Appelbaum (Center for Economic and Policy Research)
Heather Boushey (Washington Center for Equitable Growth)
Barbara Wiens-Tuers (Pennsylvania State University-Altoona)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Maine
Association for the Study of Generosity in Economics/International Association for Feminist Economics
Informal Caregiving and Women (I1, D1)
Presiding: Barbara Schone (Agency for Healthcare Research and Quality and Georgetown University)
Formal Home Health Care: Is It Worth It?
Norma B. Coe (University of Washington)
Jing Guo (American Institutes for Research)
K. Tamara Konetzka (University of Chicago)
Courtney H. Van Houtven (Duke University)
[View Abstract]
The Impact of Informal Care Intensity on Women’s Retirement in the United States
Josephine C. Jacobs (University of Toronto)
Courtney H. Van Houtven (Duke University)
Audrey Laporte (University of Toronto)
Peter Coyte (University of Toronto)
[View Abstract] [Download Preview]
Informal and Formal Care: Conflicts, Complementarities, and Interactions
Lisa Dodson (Brandeis University)
Nancy Folbre (University of Massachusetts - Amherst)
[View Abstract]
Discussants:
Barbara Schone (Agency for Healthcare Research and Quality and Georgetown University)
Meghan Skira (University of Georgia)
Robert Pollak (Washington University-St. Louis)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Tremont
International Association for Energy Economists
Economics of The Global Energy Transition (Q4)
Presiding: Anastasia V. Shcherbakova (University of Texas-Dallas)
Employment Impacts of Upstream Oil and Gas Investment in the United States
Mark Agerton (Rice University)
Peter Hartley (Rice University)
Kenneth B. Medlock III (Rice University)
Ted Temzelides (Rice University)
[View Abstract] [Download Preview]
Census from Heaven: An Estimate of Global Electricity Demand "if Everyone Lived Like in OECD".
Nadejda Victor (National Energy Technology Laboratory)
Christopher Nichols (National Energy Technology Laboratory)
[View Abstract] [Download Preview]
Sun and Lemons: Getting over Information Asymmetries in the California Solar Market
Johannes Mauritzen (NHH Norwegian School of Economics)
[View Abstract] [Download Preview]
Pre-Paid Electricity Plan and Electricity Consumption Behavior
Yueming Qiu (Arizona State University)
Bo Xing (Salt River Project)
[View Abstract]
Discussants:
Timothy Fitzgerald (Montana State University)
Alberto J. Lamadrid (Lehigh University)
Carlo Andrea Bollino (University of Perugia)
Mike Goldman (Northeast Utilities)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Grand Ballroom—Salon H
International Banking Economics & Finance Association
Macrofinance (E4, G1)
Presiding: Ata Can Bertay (Ozyegin University)
Creditor Rights and Aggregate Factors in Loan Terms
Diana Knyazeva (U.S. Securities and Exchange Commission)
Anzhela Knyazeva (U.S. Securities and Exchange Commission)
Joseph E. Stiglitz (Columbia University)
[View Abstract] [Download Preview]
Capital Regulation and Macroeconomic Activity: Implications for Macroprudential Policy
Roland Meeks (University of Essex)
[View Abstract] [Download Preview]
Shadow Banking and Regulation: A Quantitative Assessment
Kevin Moran (Laval University)
Cesaire Meh (Bank of Canada)
[View Abstract]
Mortgage Amortization and Welfare
Luisa Lambertini (Ecole Polytechnique Federale de Lausanne)
Chiara Forlati (Ecole Polytechnique Federale de Lausanne)
[View Abstract] [Download Preview]
Discussants:
Borghan Narajabad (Federal Reserve Board)
Michal Kowalik (Federal Reserve Bank of Kansas City)
Luisa Lambertini (BIS)
Isaiah Hull (Sveriges Riksbank)

Jan 04, 2015 12:30 pm, Sheraton Boston, Riverway
Korea-America Economic Association/American Economic Association
The Economics of the Internet (L8, D8)
Presiding: Jay Pil Choi (University New South Wales and Michigan State University)
Social Media and News Consumption
Susan Athey (Stanford University)
Markus Mobius (Microsoft Research)
Jeno Pal (Central European University)
[View Abstract]
Net Neutrality, Business Models, and Internet Interconnection
Jay Pil Choi (University New South Wales and Michigan State University)
Doh-Shin Jeon (Toulouse School of Economics)
Byung-Cheol Kim (Georgia Institute of Technology)
[View Abstract] [Download Preview]
Match Quality, Search, and the Internet Market for Used Books
Glenn Ellison (Massachusetts Institute of Technology)
Sara Ellison (Massachusetts Institute of Technology)
[View Abstract]
An Empirical Analysis of Consumer Online Search
Thomas Blake (eBay Research Labs)
Chris Nosko (University of Chicago)
Steven Tadelis (University of California-Berkeley)
[View Abstract]
Discussants:
Kyoo il Kim (Michigan State University)
Joshua Gans (University of Toronto)
Minjae Song (Bates White)
Yun Jeong Choi (Yonsei University)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Tufts
Middle East Economic Association
Labor Market, Unemployment, and Migration (J6)
Presiding: Edward Sayre (University of Southern Mississippi)
The Impact of Arab Spring on Hiring and Separation Rates in the Tunisian Labor Market
Ilham Haouas (Abu Dhabi University)
Almas Heshmati (Sogang University)
[View Abstract] [Download Preview]
Labor Markets Efficiency and FDI in Middle Income and GCC Countries
Wasseem Mina (United Arab Emirates University)
Louis Jaeck (United Arab Emirates University)
[View Abstract]
Self-Employment and Unemployment in Turkey
Yasemin Ozerkek (Marmara University)
Fatma Dogruel (Marmara University)
[View Abstract] [Download Preview]
Changes in Employment Status and Migration in Turkey: A Hazard Function Analysis Using Retrospective Data
Zeynep Basak (Bulent Ecevit University)
Erol Taymaz (Middle East Technical University)
[View Abstract]
The Determinants and Effects of Immigrant Endogamy in the United States
Hisham Foad (San Diego State University)
[View Abstract]
Discussants:
Rahel Schomaker (Cologne Business School)
Burcu Duzgun Oncel (Marmara University)
Ozan Bakis (Sabanci University)
Firat Bilgel (Okan University)
Mahmut Tekce (Marmara University)

Jan 04, 2015 12:30 pm, Sheraton Boston, Hampton Room
National Association of Economic Educators
Interventions, Innovations, and Insights in Economic and Personal Financial Education (A2)
Presiding: Helen Roberts (University of Illinois-Chicago)
Financial Literacy in the Community College Classroom: A Curriculum Intervention Study
Erin A. Yetter (Federal Reserve Bank of St. Louis-Louisville Branch)
Mary Suiter (Federal Reserve Bank of St. Louis)
[View Abstract]
The Effects of Financial Education on Short-term and Long-term Financial Behaviors
Jamie Wagner (University of Nebraska-Lincoln)
[View Abstract] [Download Preview]
Podcasts in the Economics Curriculum: A Study in Implementation and Effectiveness
Chelsea T. Dowell (University of Kentucky)
Sun Ki Choi (University of Kentucky)
Gail Hoyt (University of Kentucky)
Daniel Duncan (University of Kentucky)
[View Abstract] [Download Preview]
Using Concept Maps for Teaching and Learning in Principles of Microeconomics: An Experimental Approach
Connor Delaney (George Washington University)
Irene Foster (George Washington University)
[View Abstract]
Discussants:
Irene Foster (George Washington University)
Shelby Frost (Georgia State University)
Jamie Wagner (University of Nebraska-Lincoln)
Martha L. Olney (University of California-Berkeley)

Jan 04, 2015 12:30 pm, Sheraton Boston, Beacon B
Omicron Delta Epsilon
Omicron Delta Epsilon Graduate Student Session (A1)
Presiding: Alan Grant (Baker University)
Searching for Goldilocks: Non-Linear Capitalization of Emergency Service Provision
Trey Trosper (University of Oklahoma)
[View Abstract] [Download Preview]
Smoking and Morbidity
Lyudmyla Kompaniyets (Washington State University)
[View Abstract]
Housing Wealth, Property Taxes, and Labor Supply among the Elderly
Lingxiao Zhao (University of Oklahoma)
[View Abstract] [Download Preview]
Do Economic Development Incentives Crowd Out Public Expenditures in U.S. States?
Jia Wang (University of Oklahoma)
[View Abstract] [Download Preview]
Discussants:
Jia Wang (University of Oklahoma)
Lingxiao Zhao (University of Oklahoma)
Lyudmyla Kompaniyets (Washington State University)
Trey Trosper (University of Oklahoma)

Jan 04, 2015 12:30 pm, Boston Marriott Copley, Wellesley
Society of Government Economists
Taxes and Transfers (H2, H3)
Presiding: Robert Lerman (Urban Institute and American University)
Consumption Taxes, Income Taxes, and Revenue Stability: States and the Great Recession
Howard Chernick (City University of New York-Hunter College)
Cordelia Reimers (City University of New York-Hunter College)
[View Abstract] [Download Preview]
Decomposing Income Mobility Using Tax Data
Jeff Larrimore (Federal Reserve Board)
Jacob Mortenson (Georgetown University and Joint Committee on Taxation)
David Splinter (Joint Committee on Taxation)
[View Abstract] [Download Preview]
Does Social Security Continue to Favor Couples?
Nadia S. Karamcheva (Urban Institute)
April Yanyuan Wu (Boston College)
Alicia Munnell (Boston College)
[View Abstract]
Intergenerational Transfers under an Uncertain Estate Tax
David Joulfaian (U.S. Department of the Treasury)
[View Abstract] [Download Preview]
Discussants:
Takashi Yamashita (U.S. Bureau of Economic Analysis)
Rajashri Chakrabarti (Federal Reserve Bank of New York)
Kamila Sommer (Federal Reserve Board)
Daniel Barczyk (McGill University)

Jan 04, 2015 12:30 pm, Sheraton Boston, Clarendon Room
Transportation & Public Utilities Group
Pricing and Resource Allocation in Telecommunications (L5, L9)
Presiding: John W. Mayo (Georgetown University)
Safety in Numbers? The Effect of Network Competition on Cybersecurity
Carolyn Gideon (Tufts University)
Christiaan Hogendorn (Wesleyan University)
[View Abstract] [Download Preview]
Employing Auctions to Allocate Scarce Resources
John W. Mayo (Georgetown University)
David E. M. Sappington (University of Florida)
[View Abstract]
Regulation and Regulating: Multiple Issues, Bargaining, and the Will of Congress.
T. Randolph Beard (Auburn University)
George Ford (Phoenix Center)
Michael L. Stern (Auburn University)
Collaborate or Consolidate: Assessing the Competitive Effects of Production Joint Ventures
Nicolas Aguelakakis (Washington University)
Aleksandr Yankelevich (Federal Communications Commission)
[View Abstract] [Download Preview]
Discussants:
Jeffrey Prince (Indiana University)
Olga Ukhaneva (Georgetown University)
Mark Burton (University of Tennessee)
Timothy Tardiff (Advanced Analytics)

Jan 04, 2015 2:30 pm, Sheraton Boston, Gardner Room
African Finance & Economics Association
Economic, Social and Political Development in Africa (O1, O1)
Presiding: Juliet Elu (Morehouse College)
Information technology and fiscal capacity in a developing country: evidence from Ethiopia
Shimeles Abebe (African Development Bank)
Daniel Zerfu Gurara (African Development Bank)
Mthuli Ncube (African Development Bank)
[View Abstract] [Download Preview]
The Incidence of Health Shocks, Formal Health Insurance, and Informal Coping Mechanism
Samuel Amponsah (Tokyo International University)
[View Abstract] [Download Preview]
Sustainable Investing in Capital Markets: A Strategic Approach
Johnson Kakeu (Morehouse College)
[View Abstract]
To Redistribute or Not: Land Reform and Economic Well-Being in SADC Countries
Inoussa Boubacar (Clarion University)
Gibson Nene (University of Minnesota)
[View Abstract] [Download Preview]
Elasticities of Demand for Food in Nigeria
Kwabena Gyimah-Brempong (University of South Florida)
Oluyemisi Kuku-Shittu (NSSP-IFPRI)
[View Abstract]
Health Care Expenditures in African Nations: A Panel Unit Root and Cointegration Analysis
Mekongcho T. Metuge (Hunan University)
Aboubacar Badamassi (School of Economics and Management, China University of Geosciences,Wuhan)
[View Abstract]
Solomon Aboagye (University of Ghana)
Paul Adjei Kwakwa (Presbyterian University College Ghana)
Discussants:
Steve Onyeiwu (Allegheny College)
Darline Augustine (Rochester Institute of Technology)
Malokele Nanivazo (UN-WIDER)
Ousman Gajigo (African Development Bank)
Thouraya Triki (African Development Bank)
John C. Anyanwu (African Development Bank)

Jan 04, 2015 2:30 pm, Westin Copley, St. George D
Agricultural & Applied Economics Association
Food Environment, Food Choices and Nutrition Outcomes – An International Perspective (Q1)
Presiding: Parke Wilde (Tufts University)
Neighborhood Convenience Stores and Childhood Obesity: A Panel Data Instrumental Variable Approach
Di Zeng (University of Arkansas)
Michael Thomsen (University of Arkansas)
Rodolfo Nayga (University of Arkansas)
Heather Rouse (University of Arkansas for Medical Sciences)
[View Abstract] [Download Preview]
Diet Deterioration and Food Retail Structure: Why Are Italians Eating Less Fruits and Vegetables?
Alessandro Bonanno (Wageningen University and Pennsylvania State University)
Elena Castellari (University of Connecticut and Università Cattolica del Sacro Cuore-Piacenza)
Paolo Sckokai (Universita Cattolica del Sacro Cuore-Piacenza)
Francesco Bimbo (Wageningen University and Università degli Studi di Foggia)
[View Abstract]
Does Healthy Food Access Matter in a French Urban Setting? – The Role of Food Retail Structure
France Caillavet (INRA-ALISS)
Gayaneh Kyureghian (Korea University)
Rodolfo Nayga (University of Arkansas)
[View Abstract] [Download Preview]
Retailers’ Promotions: What Role Do They Play In Household Food Purchases In Scotland?
Cesar Revoredo-Giha (Scotland’s Rural College)
Faical Akaichi (Scotland’s Rural College)
Philip Leat (Scotland’s Rural College)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 207
American Economic Association
Advances in Open Macroeconomics (F3, E4)
Presiding: Gita Gopinath (Harvard University)
Dynamics of Exchange Rates and Capital Flows
Xavier Gabaix (New York University)
Matteo Maggiori (Harvard University)
[View Abstract]
Dilemma not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
[View Abstract]
Productivity and Capital Allocation in Europe
Gita Gopinath (Harvard University)
Sebnem Kalemli-Ozcan (University of Maryland)
Loukas Karabarbounis (University of Chicago)
Carolina Villegas-Sanchez (ESADE)
[View Abstract]
Adjusting to a Capital Flight: The Role of Asset Prices
Guido Lorenzoni (Northwestern University)
[View Abstract]
Discussants:
Adrien Verdelhan (Massachusetts Institute of Technology)
Martin Schneider (Stanford University)
Brent Neiman (University of Chicago)
Helene Rey (London Business School)

Jan 04, 2015 2:30 pm, Sheraton Boston, Republic Ballroom Foyer
American Economic Association
AEA Committee on Economic Education Poster Session (A2) (Poster Session)
Presiding: Steve Cobb (Pennsylvania State University)
Active Application of the Game Theory into a Classroom Game with Ethical Concerns and Understanding of Versatile Business Implications
Sylwia E. Starnawska (State University New York-Empire State College)
[Download Preview]
Poster Projects in Economics Classroom: Stimulating Active Learning and Creativity
Inessa Love (University of Hawaii-Manoa)
Incorporating Sustainability into Principles of Macroeconomics: A Case Study
Madhavi Venkatesan (Bridgewater State University)
[Download Preview]
The Use of a Collective Bargaining Simulation and Its Impact on Student Perceptions and Critical Thinking Skills
Rod D. Raehsler (Clarion University)
Flipped & Open
Richard Anderson (Lindenwood University)
Areerat Kichkha (Lindenwood University)
Using Surveys to Advance Economics Students Learning through Undergraduate Research
Zamira S. Simkins (University of Wisconsin-Superior)
Tools for the Trade: Helping Business Majors See Value in Economics
Mandie Weinandt (University of South Dakota)
Making Economics Interactive: A Holistic Approach to Teaching
Natalia V. Smirnova (American Institute for Economic Research)
Michelle Ryan (American Institute for Economic Research)
[Download Preview]
Analyze This!
Jill Beccaris-Pescatore (Montgomery County Community College)
Inspiring Creativity through Intercollegiate Competitions
James E. Tierney (Pennsylvania State University)
Ryan L. Baranowski (Coe College)
Kalina Staub (University of Toronto-Mississauga)
Kim Holder (University of West Georgia)
Wayne Geerling (Pennsylvania State University)
TERM IT! : A Term-Based Method that Quickly Transforms Students into Thinking and Writing "Macro-Economically" or "Micro-Economically"
Caroline Kaba (Glendale Community College)
[Download Preview]
Crowdsourcing Test-Aids in Economics Courses
Leila Farivar (Ohio State University)
50 Movies for 50 Years: A Look at the Most Influential Films Related to Economics from 1965 to 2014
G. Dirk Mateer (University of Arizona)
Kim Holder (University of West Georgia)
J. Brian O’Roark (Robert Morris University)
Capitalism, Communism, and the Mixed Economy: A Classroom Simulation
James Bruehler (Eastern Illinois University)
Alan Grant (Baker University)
Linda S. Ghent (Eastern Illinois University)
Dive In! Tips for Teaching Economics Through "Shark Tank"
Charity-Joy Acchiardo (University of Arizona)
Abdullah Al-Bahrani (Northern Kentucky University)
Darshak Patel (University of Tennessee-Martin)
Brandon J. Sheridan (North Central College)
[Download Preview]
Teaching Pluralist Introductory Economics - No, It's Not Too Early
Irene van Staveren (Erasmus University Rotterdam)
[Download Preview]
A Connection System in Economics Education
Gbetonmasse B. Somasse (Clark University)
[Download Preview]
Research Oriented Learning and Teaching in Economics
Jan H. Hoffler (University of Gottingen)
Susanne Wimmelmann (University of Gottingen)
[Download Preview]
Economics: The (not so) Dismal Science
Simon Medcalfe (Georgia Regents University)
[Download Preview]
Connecting Supply and Demand - An Interactive Visualization
Adalbert Mayer (Washington College)
[Download Preview]
The One Minute Paper and a New Use for the Airplane Production Exercise
Amy Henderson (St Mary's College of Maryland)
Teaching "The Theory of Second Best"
Ranganath Murthy (Western New England University)
The Undergraduate Economics Capstone Course: Bringing it All Together through Service-Learning
William Alan Bartley (Transylvania University)
An Application of Benefit-Cost Analysis to Assess Career Changes
Brian W. Sloboda (University of Phoenix and U.S. Department of Labor)
Student Social Media Preferences for Learning Economics
Howard H. Cochran, Jr. (Belmont University)
Marieta V. Velikova (Belmont University)
Bradley D. Childs (Belmont University)
[Download Preview]
Pay for Play? Engaging Students through a Graded Multiplayer Prisoner's Dilemma
Alan Green (Stetson University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Commonwealth
American Economic Association
Culture, Trust, and Productivity (D2, L2)
Presiding: Robert Gibbons (Massachusetts Institute of Technology)
Firm Purpose and Performance
Rebecca Henderson (Harvard Business School)
Eric Van den Steen (Harvard Business School)
[View Abstract]
Culture in Organizations
Elizabeth Martinez (Massachusetts General Hospital)
Nancy Beaulieu (Harvard University)
Robert Gibbons (Massachusetts Institute of Technology)
Peter Pronovost (Johns Hopkins University)
Thomas Wang (Massachusetts Institute of Tecnology)
[View Abstract]
Corporate Culture, Societal Culture, and Institutions
Luigi Guiso (Einaudi Institute for Economics and Finance)
Paola Sapienza (Northwestern University)
Luigi Zingales (University of Chicago)
The Evolution of Culture and Institutions: Evidence from the Kuba Kingdom
Nathan Nunn (Harvard University)
[View Abstract]

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 206
American Economic Association
Documenting the Costs of Climate Change (Q5, E3)
Presiding: Benjamin Jones (Northwestern University)
Climate Change and Growth Risk
Ravi Bansal (Duke University)
Marcelo Ochoa (Federal Reserve Board)
Dana Kiku (University of Pennsylvania)
[View Abstract]
Temperatures and Growth: a Panel Analysis of the U.S.
Riccardo Colacito (University of North Carolina)
Bridget Hoffman (Northwestern University)
Toan Phan (University of North Carolina)
[View Abstract] [Download Preview]
Adaptation to Climate Change: Evidence from United States Agriculture
Marshall Burke (Stanford University)
Kyle Emerick (University of California-Berkeley)
[View Abstract] [Download Preview]
Time-Varying Weather and Yield Fluctuations: Implications for Storage and Food Prices
Mehdi Benatiya Andaloussi (Columbia University)
Michael Roberts (University of Hawaii)
Wolfram Schlenker (Columbia University)
[View Abstract]
Discussants:
Tony Smith (Yale University)
Benjamin Jones (Northwestern University)
Melissa Dell (Harvard University)
Aaron Smith (University of California-Davis)

Jan 04, 2015 2:30 pm, Sheraton Boston, Independence Ballroom East
American Economic Association
Does Economics Need a New Household Panel? (C8)
Presiding: Robert Moffitt (Johns Hopkins University)
Human Capital, Education, Achievement, and Learning
Chris Robinson (University of Western Ontario)
[View Abstract] [Download Preview]
Labor Markets
Dan Black (University of Chicago)
Lowell Taylor (Carnegie Mellon University)
[View Abstract] [Download Preview]
Neighborhoods and Housing
Lincoln Quillian (Northwestern University)
Jens Ludwig (University of Chicago)
[View Abstract]
Health Insurance and Health Care
Helen Levy (University of Michigan)
[View Abstract] [Download Preview]
Discussants:
V. Joseph Hotz (Duke University)

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 209
American Economic Association
Domestic Trade Costs (F1, F6)
Presiding: Dennis Novy (University of Warwick)
Trade, Domestic Frictions, and Scale Effects
Natalia Ramondo (University of California-San Diego)
Andres Rodriguez-Clare (University of California-Berkeley)
Milagro Saborio-Rodriguez (Universidad de Costa Rica)
[View Abstract] [Download Preview]
What's Inside Counts: Migration, Taxes, and the Internal Gains from Trade
Trevor Tombe (University of Calgary)
Jennifer Winter (University of Calgary)
[View Abstract] [Download Preview]
Who's Getting Globalized? The Size and Implications of Intranational Trade Cost
David Atkin (Yale University)
Dave Donaldson (Stanford University)
[View Abstract] [Download Preview]
Internal Trade Costs
James E. Anderson (Boston College)
Mario Larch (University of Bayreuth)
Dennis Novy (University of Warwick)
Yoto Yotov (Drexel University)
[View Abstract]
Discussants:
Yoto Yotov (Drexel University)
Mario Larch (University of Bayreuth)
Trevor Tombe (University of Calgary)
Natalia Ramondo (University of California-San Diego)

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 201
American Economic Association
Field Experiments in Charitable Giving (D6, H4)
Presiding: Catherine C. Eckel (Texas A&M University)
Identity and Charitable Giving
Judd Kessler (University of Pennsylvania and NBER)
Katherine L. Milkman (University of Pennsylvania)
[View Abstract] [Download Preview]
How Do Suggested Donations Affect Charitable Gifts? Evidence from a Field Experiment in Public Broadcasting
David Reiley (Google, Inc.)
Anya Savikhin Samek (University of Wisconsin-Madison)
[View Abstract]
What Makes People Pick, Click, Give: Evidence from a State-Wide Natural Field Experiment in Alaska
John List (University of Chicago and NBER)
Michael Price (Georgia State University and NBER)
[View Abstract]
It's the Thought That Counts: A Field Experiment on Gift Exchange and Giving at a Public University
Catherine C. Eckel (Texas A&M University)
David Herberich (Sears Holdings Corporation)
Jonathan Meer (Texas A&M University and NBER)
[View Abstract]
Discussants:
Mario Macis (Johns Hopkins University)
Jacob Forrest Williams (Portland State University)
James Andreoni (University of California-San Diego and NBER)
Ragan Petrie (George Mason University)

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 203
American Economic Association
Financial Crises and Beliefs (G1, G2)
Presiding: Arvind Krishnamurthy (Stanford University)
Credit Expansion and Neglected Crash Risk
Wei Xiong (Princeton University)
Matthew Baron (Princeton University)
[View Abstract] [Download Preview]
Credit Spreads and the Severity of Financial Crises
Tyler Muir (Yale University)
Arvind Krishnamurthy (Stanford University)
[View Abstract] [Download Preview]
Leverage and Beliefs: Personal Experience and Risk Taking in Margin Lending
Peter Koudijs (Stanford University)
Hans-Joachim Voth (University of Zurich)
[View Abstract] [Download Preview]
Discussants:
Gary Gorton (Yale University)
Francis Longstaff (University of California-Los Angeles)
Sebastian Di Tella (Stanford University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Boston Common
American Economic Association
Group-Based Savings in Developing Countries (O1)
Presiding: Alfredo Burlando (University of Oregon)
Can Self-Help Groups Really Be "Self-Help"?
Joseph P. Kaboski (University of Notre Dame)
Brian Greaney (Federal Reserve Bank of St. Louis)
Eva Van Leemput (University of Notre Dame)
[View Abstract]
Financial inclusion of vulnerable households through Savings and Borrowing Groups: Theory and experimental evidence from Uganda
Alfredo Burlando (University of Oregon)
Andrea Canidio (Central European University)
[View Abstract] [Download Preview]
Public vs. Private Mental Accounts: Experimental Evidence from Savings Groups in Colombia
Luz M. Salas (Universidad Javeriana)
[View Abstract] [Download Preview]
Saving For Agricultural Inputs: Evidence from a Randomized Evaluation in Kenya
Shilpa Aggarwal (University of California-Santa Cruz)
Pascaline Dupas (Stanford University)
Jonathan Robinson (University of California-Santa Cruz)
[View Abstract]
Discussants:
Jessica Goldberg (University of Maryland)
Christian Ahlin (Michigan State University)
Emily Breza (Columbia University)
Simone Schaner (Dartmouth College)

Jan 04, 2015 2:30 pm, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Health Insurance Marketplaces: New Developments and Their Inplications (I1, L1)
Presiding: Leemore Dafny (Northwestern University)
Messaging and the Mandate: The Impact of Advertising on Health Insurance Enrollment Through Exchanges
Natalie Cox (University of California-Berkeley)
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania and NBER)
Neale Mahoney (University of Chicago and NBER)
Narrow Networks and Marketplace Premiums: How Low Can You Go?
Leemore Dafny (Northwestern University)
Igal Hendel (Northwestern University)
Nathan Wilson (Federal Trade Commission)
Limited Network Insurance Plans in Massachusetts
Amanda Starc (University of Pennsylvania)
Keith Marzilli Ericson (Boston University)
The Impact of Market Size and Composition on Health Insurance Premiums: Evidence from The First Year of The ACA
Michael Dickstein (Stanford University)
Mark Duggan (Stanford University)
Joe Orsini (Stanford University)
Pietro Tebaldi (Stanford University)
[View Abstract]
Discussants:
Joshua Schwartzstein (Dartmouth College)
Katherine E. Ho (Columbia University)
Cory Capps (Bates White)
Robin S. Lee (Harvard University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Independence Ballroom West
American Economic Association
Immigration Policy and Crime (H8)
Presiding: Paolo Pinotti (Bocconi University)
Clicking on Heaven's Door: The Effect of Immigrant Legalization on Crime
Paolo Pinotti (Bocconi University)
[View Abstract] [Download Preview]
Effects of Immigrant Legalization on Crime: The 1986 Immigration Reform and Control Act
Scott Ross Baker (Stanford University)
[View Abstract] [Download Preview]
The Criminal Justice Response to Policy Interventions: Evidence from Immigration Reform
Matthew Freedman (Cornell University)
Emily Owens (University of Pennsylvania)
Sarah Bohn (Public Policy Institute of California)
[View Abstract] [Download Preview]
The Long-Run Effect of Mexican Immigration on Crime in United States Cities: Evidence from Variation in Mexican Fertility Rates
Aaron Chalfin (University of Cincinnati)
[View Abstract]

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 208
American Economic Association
Integration and Management: Theory and Evidence from Around the World (D2, L2)
Presiding: John Van Reenen (London School of Economics, Centre for Economic Performance, NBER and CEPR)
Acquisitions, Productivity, and Profitability: Evidence from the Japanese Cotton Spinning Industry
Serguey Braguinsky (Carnegie Mellon University)
Atsushi Ohyama (Hokkaido University)
Tetsuji Okazaki (University of Tokyo)
Chad Syverson (University of Chicago and NBER)
[View Abstract] [Download Preview]
Integration and Management in Industry Equilibrium
Laura Alfaro (Harvard Business School and NBER)
Harald Fadinger (University of Vienna)
Patrick Legros (Université Libre de Bruxelles and CEPR)
Andrew F. Newman (Boston University and CEPR)
[View Abstract]
Business Practices and Organization in Small Firms in Developing Countries
David McKenzie (World Bank)
Christopher Woodruff (University of Warwick, NEBR and CEPR)
[View Abstract]
Integration and Delegation: Theory and Evidence
Laura Alfaro (Harvard Business School and NBER)
Nicholas Bloom (Stanford University and NBER)
Paola Conconi (Université Libre de Bruxelles and CEPR)
Patrick Legros (Université Libre de Bruxelles and CEPR)
Raffaella Sadun (Harvard Business School and NBER)
Harald Fadinger (University of Vienna)
Andrew F. Newman (Boston University and CEPR)
John Van Reenen (London School of Economics, Centre for Economic Performance, NBER and CEPR)
[View Abstract]

Jan 04, 2015 2:30 pm, Sheraton Boston, Constitution Ballroom A
American Economic Association
Issues in Higher Education (I2)
Presiding: Amanda Pallais (Harvard University)
An Experimental Study of the Value of Postsecondary Credentials in the Labor Market
David Deming (Harvard University)
Claudia Goldin (Harvard University)
Lawrence Katz (Harvard University)
Noam Yuchtman (University of California-Berkeley)
[View Abstract]
Leveling Up: Early Results from a Randomized Evaluation of Post-Secondary Aid
Joshua Angrist (Massachusetts Institute of Technology)
David Autor (Massachusetts Institute of Technology)
Sally Hudson (Massachusetts Institute of Technology)
Amanda Pallais (Harvard University)
[View Abstract] [Download Preview]
Earnings, Incentives and Student Loan Design: The Case of Chile
Harald Beyer (CEP)
Justine Hastings (Brown University)
Christopher Neilson (Princeton University)
Seth Zimmerman (University of Chicago)
[View Abstract]
What High-Achieving Low-Income Students Know About College
Caroline Hoxby (Stanford University)
Sarah Turner (University of Virginia)
[View Abstract] [Download Preview]
Discussants:
David Autor (Massachusetts Institute of Technology)
Susan Dynarski (University of Michigan)
Judith Scott-Clayton (Columbia University)
Bridget Terry Long (Harvard University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Republic Ballroom A & B
American Economic Association
Measuring and Changing Cognitive and Neural Processes in Economic Choice: Why and How (Tutorial Lecture)
Presiding: Richard Thaler (University of Chicago)
Colin Camerer (California Institute of Technology) Measuring and Changing Cognitive and Neural Processes in Economic Choice: Why and How (Tutorial Lecture)

Jan 04, 2015 2:30 pm, Sheraton Boston, Riverway
American Economic Association
Monetary Policy (E5)
Presiding: Douglas Pearce (North Carolina State University)
A Wedge in the Dual Mandate: Monetary Policy and Long-Term Unemployment
John C. Williams (Federal Reserve Bank of San Francisco)
Glenn Rudebusch (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Market Set-Up in Advance of Federal Reserve Policy Rate Decisions
Robin L. Lumsdaine (American University)
Dick van Dijk (Erasmus University Rotterdam)
Michel van der Wel (Erasmus University Rotterdam)
[View Abstract] [Download Preview]
The Effect of the Federal Reserve's Tapering Announcements on Emerging Markets
Lena Suchanek (Bank of Canada)
Vikram Rai (Bank of Canada)
[View Abstract] [Download Preview]
The Transmission of Federal Reserve Tapering News to Emerging Financial Markets
Joshua Aizenman (University of Southern California and NBER)
Mahir Binici (Central Bank of Turkey)
Michael M. Hutchison (University of California-Santa Cruz)
[View Abstract] [Download Preview]
The Impact of Unconventional Monetary Policy on Firm Financing Constraints: Evidence from the Maturity Extension Program
Edison Guozhu Yu (Federal Reserve Bank of Philadelphia)
Rodney Ramcharan (Federal Reserve Board)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 202
American Economic Association
New Developments in the Estimation of Classical Consumer Demand (C5, D1)
Presiding: Richard Blundell (University College London)
Prices versus Preferences: Taste Change and Revealed Preference
Richard Blundell (University College London)
Abigail Adams (Oxford University and IFS)
Martin Browning (Oxford University and IFS)
Ian Crawford (Oxford University)
[View Abstract] [Download Preview]
Necessary Luxuries
Arthur Lewbel (Boston College)
Krishna Pendakur (Simon Fraser University)
[View Abstract]
Individual Heterogeneity and Demand Analysis
Jerry Hausman (Massachusetts Institute of Technology)
Whitney Newey (Massachusetts Institute of Technology)
[View Abstract]
Nonlinear Panel Data Random Coefficient Models with an Application to Consumer Demand
Stefan Hoderlein (Boston College)
[View Abstract]
Discussants:
Jerry Hausman (Massachusetts Institute of Technology)
Frederic Vermeulen (KU Leuven)
Krishna Pendakur (Simon Fraser University)
Dennis Kristensen (University College London)

Jan 04, 2015 2:30 pm, Hynes Convention Center, Room 204
American Economic Association
Recent Advances in the Analysis of Auction Data (L1, D4)
Presiding: Ken Hendricks (University of Wisconsin-Madison)
The Bidder Exclusion Effect
Dominic Coey (eBay Research Labs)
Bradley Larsen (Stanford University)
Kane Sweeney (eBay Research Labs)
[View Abstract] [Download Preview]
Collusion and Reciprocity in First-Price Procurements
Paulo Somaini (Massachusetts Institute of Technology)
[View Abstract]
Simultaneous First-Price Auctions with Preferences over Combinations
Matthew Gentry (London School of Economics)
Tatiana Komarova (London School of Economics)
Pasquale Schiraldi (London School of Economics)
[View Abstract]
A Simple Test for Moment Inequality Models with an Application to English Auctions
Andres Aradillas-Lopez (Pennsylvania State University)
Amit Gandhi (University of Wisconsin-Madison)
Daniel Quint (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Discussants:
Tatiana Komarova (London School of Economics)
Serafin Grundl (Federal Reserve Board)
Paulo Somaini (Massachusetts Institute of Technology)
Alejandro Molnar (Vanderbilt University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Back Bay Ballroom B
American Economic Association
The Economics of the EPA's Proposed Regulation of CO2 Emissions from Power Plants (Q5) (Panel Discussion)
Panel Moderator: Paul Joskow (Alfred P. Sloan Foundation and Massachusetts Institute of Technology)
Meredith Fowlie (University of California-Berkeley)
Lawrence Goulder (Stanford University)
Kevin Hassett (American Enterprise Institute)
Robert N. Stavins (Harvard University)
James Stock (Harvard University and Member of Council of Economic Advisors, 2013-2014)

Jan 04, 2015 2:30 pm, Sheraton Boston, Constitution Ballroom B
American Economic Association
The Federal Trade Commission at 100: Past Accomplishments, Future Issues (L4, L5) (Panel Discussion)
Panel Moderator: Frederic Scherer (Harvard University)
Joseph Farrell (University of California-Berkeley) Merger Policy
Michael Whinston (Massachusetts Institute of Technology) Anticompetitive Conduct
David Laibson (Harvard University) Consumer Protection
Martin Gaynor (Federal Trade Commission) Health Care

Jan 04, 2015 2:30 pm, Sheraton Boston, The Fens
American Economic Association
Women, Wages, and the Workplace (J1, J2)
Presiding: Anne Winkler (University of Missouri-St. Louis)
The Gendered Nature of Disability Discrimination
Jennifer Bennett Shinall (Vanderbilt University)
[View Abstract]
Collaboration and Gender in Science: Evidence from STAR METRICS Data
Julia Lane (American Institute for Research)
Jacques Mairesse (CREST and GENES)
Michele Pezzoni (Ecole Polytechnique Fédérale de Lausanne)
Paula Stephan (Georgia State University)
[View Abstract] [Download Preview]
Changes in Family Welfare from 1994 to 2012: A Tale of Two Decades
Julie L. Hotchkiss (Federal Reserve Bank of Atlanta and Georgia State University)
Robert E. Moore (Georgia State University)
Fernando Rios-Avila (Levy Economics Institute of Bard College)
Melissa R. Trussell (Georgia State University)
[View Abstract] [Download Preview]
Ph.D. Students’ Career Outcomes in the Short and in the Long-Run, by Gender
Annamaria Conti (Georgia Institute of Technology)
Fabiana Visentin (Ecole Polytechnique Fédérale de Lausanne)
[View Abstract] [Download Preview]
Discussants:
Laura Giuliano (University of Miami)
Megan MacGarvie (Boston University)
Anne Winkler (University of Missouri-St. Louis)
Shulamit Kahn (Boston University)

Jan 04, 2015 2:30 pm, Westin Copley, America South
American Finance Association
AFA Lecture (G1) (Panel Discussion)
Panel Moderator: Patrick Bolton (Columbia University)
Michael Woodford (Columbia University)

Jan 04, 2015 2:30 pm, Westin Copley, Essex South
American Finance Association
Entrepreneurial Finance (G1)
Presiding: Antoinette Schoar (Massachusetts Institute of Technology)
Patent Trolls
Lauren Cohen (Harvard Business School)
Umit Gurun (University of Texas-Dallas)
Scott Kominers (Harvard University)
[View Abstract]
Learning from Customers: Corporate Innovation along the Supply Chain
Yongqiang Chu (University of South Carolina)
Xuan Tian (Indiana University)
Wenyu Wang (Indiana University-Bloomington)
[View Abstract] [Download Preview]
Posturing in Venture Capital
Naveen Khanna (Michigan State University)
Richmond Matthews (University of Maryland)
[View Abstract] [Download Preview]
Discussants:
Petra Moser (Stanford University)
Francisco Perez-Gonzalez (Stanford University and Instituto Tecnologico Autonomo de Mexico)
Per Stromberg (Stockholm School of Economics)

Jan 04, 2015 2:30 pm, Westin Copley, Essex North
American Finance Association
Financial Literacy and Consumer Finance (G1)
Presiding: Annamaria Lusardi (George Washington University)
How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios
Andreas Hubener (Goethe University Frankfurt)
Raimond Maurer (Goethe University Frankfurt)
Olivia Mitchell (University of Pennsylvania)
[View Abstract] [Download Preview]
Precommitments for Financial Self-Control: Evidence from Credit Card Borrowing
Sungjin Cho (Seoul National University)
John Rust (Georgetown University)
[View Abstract]
Think Twice or Be Wise in Consumer Credit Choices
Christian Dick (ZEW Mannheim)
Lena Jaroszek (ZEW Mannheim and University of Mannheim)
[View Abstract] [Download Preview]
Out of Sight, Out of Mind: Financial Illiteracy and Sluggish Mortgage Refinancing
Emanuele Bajo (University of Bologna)
Massimiliano Barbi (University of Bologna)
[View Abstract] [Download Preview]
Discussants:
Andrew Samwick (Dartmouth College)
Sumit Agarwal (National University of Singapore)
Joanne Hsu (Federal Reserve Board)
Eric Belsky (Harvard University)

Jan 04, 2015 2:30 pm, Westin Copley, America North
American Finance Association
High Frequency Trading (G1)
Presiding: Yacine Ait-Sahalia (Princeton University)
Early Peek Advantage?
Grace Xing Hu (University of Hong Kong)
Jun Pan (Massachusetts Institute of Technology)
Jiang Wang (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Optimal Strategies of High Frequency Traders
Jiangmin Xu (Princeton University)
[View Abstract] [Download Preview]
Toxic Arbitrage
Thierry Foucault (HEC Paris)
Roman Kozhan (University of Warwick)
Wing Wah Tham (Erasmus University Rotterdam)
[View Abstract] [Download Preview]
Exploratory Trading
Adam Clark-Joseph (University of Illinois)
[View Abstract] [Download Preview]
Discussants:
Jonathan Brogaard (University of Washington)
Mehmet Saglam (University of Cincinnati)
Albert Menkveld (VU University Amsterdam)
Ioanid Rosu (HEC Paris)

Jan 04, 2015 2:30 pm, Westin Copley, America Center
American Finance Association
Topics in Behavioral Finance (G1)
Presiding: Simon Gervais (Duke University)
Restraining Overconfident CEOs through Improved Governance: Evidence from the Sarbanes-Oxley Act
Suman Banerjee (University of Wyoming)
Mark Humphery-Jenner (UNSW Australia)
Vikram Nanda (Rutgers University)
[View Abstract] [Download Preview]
Under-Reaction to Political Information and Price Momentum
Jawad Addoum (University of Miami)
Stefanos Delikouras (University of Miami)
Da Ke (University of Miami)
Alok Kumar (University of Miami)
[View Abstract] [Download Preview]
Peer Pressure: Does Social Interaction Explain the Disposition Effect?
Rawley Heimer (Federal Reserve Bank of Cleveland)
[View Abstract] [Download Preview]
Discussants:
Geoffrey Tate (University of North Carolina)
Alexei Ovtchinnikov (HEC Paris)
Markku Kaustia (Aalto University)

Jan 04, 2015 2:30 pm, Westin Copley, Essex Center
American Finance Association
Topics in Credit Risk Analysis (G1)
Presiding: Robert McDonald (Northwestern University)
Ripple Effects from Industry Defaults
Dennis Bams (Maastricht University)
Magdalena Pisa (University of Luxembourg)
Christian Wolff (University of Luxembourg)
[View Abstract] [Download Preview]
Exploring the Sources of Default Clustering
Shahriar Azizpour (Apollo Global Management)
Kay Giesecke (Stanford University)
Gustavo Schwenkler (Boston University)
[View Abstract]
The Transaction Costs of Trading Corporate Credit
Gopa Biswas (U.S. Department of the Treasury)
Stanislava Nikolova (University of Nebraska-Lincoln)
Christof W. Stahel (U.S. Securities and Exchange Commission)
[View Abstract] [Download Preview]
Discussants:
Efraim Benmelech (Northwestern University)
Antje Berndt (North Carolina State University)
Edie Hotchkiss (Boston College)

Jan 04, 2015 2:30 pm, Westin Copley, Empire
American Real Estate & Urban Economic Association
Commercial Real Estate Performance (G1, R3)
Presiding: Jay Hartzell (University of Texas-Austin)
Firm-Specific Investments, Product Market Competition, and Firm Risk
Jiro Yoshida (Pennsylvania State University)
Brent Ambrose (Pennsylvania State University)
Moussa Diop (University of Wisconsin)
[View Abstract] [Download Preview]
From Origination to Renegotiation: A Comparison of Portfolio and Securitized CRE Loans
Joseph Nichols (Federal Reserve Board)
Lamont Black (DePaul University)
John Krainer (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Capital-Market Competitiveness and Managerial Investment Decisions: Evidence from Commercial Real Estate
Tobias Muhlhofer (University of Texas-Austin)
Yael Hochberg (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
The Impact of Tenant Diversification on Commercial Mortgage Spreads and Default Rates
Michael Shafer (Providence College)
Brent Ambrose (Pennsylvania State University)
Yildiray Yildirim (Syracuse University)
[View Abstract]
Discussants:
Paul Povel (University of Houston)
Jung-Eun Kim (University of Georgia)
Jarl Kallberg (Washington State University)
Sergey Tsyplakov (University of South Carolina)

Jan 04, 2015 2:30 pm, Westin Copley, Defender
American Real Estate & Urban Economic Association
Default and Foreclosure (G2, R2)
Presiding: Andra Ghent (Arizona State University)
Specialty Servicers and Mortgage Terminations
Chao Yue Tian (University of North Carolina)
Janneke Ratcliffe (University of North Carolina)
Sarah Riley (University of North Carolina)
Roberto Querica (University of North Carolina)
[View Abstract]
An Analysis of Default Risk in the Home Equity Conversion Mortgage (HECM) Program
Donald Haurin (Ohio State University)
Stephanie Moulton (Ohio State University)
Wei Shi (Ohio State University)
[View Abstract] [Download Preview]
Social Dimensions of Subprime Mortgage Default
Lynn Fisher (University of North Carolina)
Robert Connolly (University of North Carolina)
Gary Painter (University of Southern California)
[View Abstract]
Financial Literacy, Homebuying and Foreclosures
Geoffrey Turnbull (University of Central Florida)
Arno Van der Vlist (University of Groningen)
[View Abstract] [Download Preview]
Discussants:
Eugene Amromin (Federal Reserve Bank of Chicago)
Thomas Davidoff (University of British Columbia)
Alvin Murphy (Arizona State University)
Elliot Anenberg (Federal Reserve Board)

Jan 04, 2015 2:30 pm, Westin Copley, St. George A & B
American Real Estate & Urban Economic Association/American Economic Association
Urbanization in Developing Countries (R1, O1)
Presiding: Stuart Rosenthal (Syracuse University)
Rural Push, Urban Pull and... Urban Push? New Historical Evidence from Developing Countries
Remi Jedwab (George Washington University)
Luc Christiaensen (World Bank)
Marina Gindelsky (George Washington University)
[View Abstract] [Download Preview]
Transport Infrastructure, Urban Growth and Market Access in China
Nathaniel Baum-Snow (Brown University)
Loren Brandt (University of Toronto)
Vernon Henderson (London School of Economics)
Matthew Turner (University of Toronto)
Qinghua Zhang (Peking University)
[View Abstract] [Download Preview]
Agglomeration Effects in Colombia
Gilles Duranton (University of Pennsylvania)
[View Abstract] [Download Preview]
Is climate change driving urbanization in Africa?
Adam Storeygard (Tufts University)
Uwe Deichmann (World Bank)
Vernon Henderson (London School of Economics)
[View Abstract] [Download Preview]
Discussants:
Jan Brueckner (University of California-Irvine)
Edward Glaeser (Harvard University)
Matthew Kahn (University of California-Los Angeles)
Douglas Gollin (University of Oxford)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Gender Issues in Russia: Past and Present (J1, P3)
Presiding: John S. Earle (George Mason University)
Missing Women in the Former Soviet Union? Son Preference and Children’s Health in the Transition from Communism
Elizabeth Brainerd (Brandeis University)
[View Abstract]
The Evolution of the Gender Wage Gap over the Entire Transition Period: Evidence from Russian Personnel Data
Thomas Dohmen (University of Bonn)
Hartmut Lehmann (University of Bologna)
Anzelika Zaiceva (University of Modena and Reggio Emilia)
[View Abstract]
Did the Soviets Solve the “Productivity Puzzle”? Gender Differences in Science in the Soviet Union
Ina Ganguli (Stockholm School of Economics)
[View Abstract]
An Economic Interpretation of Prostitution in Tsarist Russia
Steven Nafziger (Williams College)
Jessica Bean (Denison University)
[View Abstract]
Discussants:
Richard Pomfret (University of Adelaide)
Klara Sabirianova Peter (University of North Carolina)
Donna Ginther (University of Kansas)
Melanie Khamis (Wesleyan University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Corruption of Social Provisioning under Capitalism (B5)
Presiding: Paula M. Cole (University of Denver)
Economic Surplus and Social Provisioning in the United States and Mexico
Kellin Chandler Stanfield (DePauw University)
[View Abstract]
Envy in Neoliberalism: Revisiting Veblen's Invidious Distinction
Mary V. Wrenn (University of Cambridge)
[View Abstract]
Evangelii Gaudium, Capitalism, and Social Provisioning
Valerie K. Kepner (King's College)
[View Abstract] [Download Preview]
The Commodification of Society
Timothy A. Wunder (University of Texas-Arlington)
[View Abstract]
The Provision of Social Costs When There is No Society: The Nihilism of Financialization
Wesley C. Marshall (Universidad Autonoma Metropolitana)
Gregorio Bonifaz Vidal (Universidad Autonoma Metropolitana)
Eugenia Correa (National Autonomous University-Mexico)
[View Abstract] [Download Preview]
Discussants:
Jonathan Wight (University of Richmond)
Alla Semenova (State University of New York-Potsdam)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Commodity Creation as a Historical Process (P1, N8)
Presiding: Wayne Edwards (University of Nebraska-Kearney)
Pricing the Eyes of Passersby: The Commodification of Audience Attention in United States Public Spaces, 1890-1920
Zoe Sherman (Merrimack College)
[View Abstract] [Download Preview]
Indian Agricultural Policy, Commodification, and Provisioning
Tara Natarajan (Saint Michael's College)
Wayne Edwards (University of Nebraska-Kearney)
[View Abstract]
Commodification, Gender Norms, and the Indian Marriage Market
Abhilasha Srivastava (American University)
[View Abstract]
Commodification of Higher Education in Developing Countries: Evidence from the Egyptian Economy
Eman Selim (Tanta University)
[View Abstract]
Delineating the Process of Fictive Commodification in Advanced Capitalism
Anthony Bonen (New School)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Sheraton Boston, Public Garden
Association of Environmental & Resource Economists/American Economic Association
China and the Future of Climate Policy (Q5, O5)
Presiding: Maximillian Auffhammer (University of California-Berkeley)
Is China on Track to Comply with Its 2020 Copenhagen Carbon Intensity Commitment?
Junjie Zhang (University of California-San Diego)
Yuan Yang (Tsinghua University)
Can Wang (Tsinghua University)
[View Abstract] [Download Preview]
The Evolving Geography of Industrial Parks in China: Implications for Energy Consumption and National GHG Emissions
Matthew Kahn (University of California-Los Angeles)
Siqi Zheng (Tsinghua University)
Weizeng Sun (Tsinghua University)
Jianfeng Wu (Fudan University)
[View Abstract]
Environmental Regulation in a Mixed Economy
Jinhua Zhao (Michigan State University)
Guangliang Le (Renmin University of China)
[View Abstract] [Download Preview]
Comparing the Cost of a Carbon Tax in China and the United States
Antung A. Liu (Cheung Kong Graduate School of Business and Resources for the Future)
Richard Carson (University of California-San Diego)
Mark Jacobsen (University of California-San Diego)
[View Abstract] [Download Preview]
Discussants:
Maximillian Auffhammer (University of California-Berkeley)
Nicholas Z. Muller (Middlebury College)
Shanjun Li (Cornell University)
Joseph Aldy (Harvard University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Boylston
Association of Financial Economists/American Finance Association
Taxes and Capital Structure (G3, H2)
Presiding: Kose John (New York University)
Outsourcing Purchase Contracts, Human Capital and Firm Capital Structure
S. Katie Moon (Securities and Exchange Commission)
Gordon Phillips (University of Southern California)
[View Abstract] [Download Preview]
Taxes and Bank Capital Structure
Glenn Schepens (Ghent University)
[View Abstract] [Download Preview]
Large Dividend Increases and Leverage
Ian A. Cooper (London Business School)
Neophytos Lambertides (Cypress University of Technology)
[View Abstract] [Download Preview]
Taxes, Capital Structure Choices, and Firm Value
Mara Faccio (Purdue University)
Jin Xu (Virgina Tech)
[View Abstract] [Download Preview]
Discussants:
Yiming Qian (University of Iowa)
Juliane Bergeneau (Harvard University)
Anzhela Knyazeva (U.S. Securities and Exchange Commission)
S. Abraham Ravid (Yeshiva University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Wellesley
Chinese Economists Society
Institutional Conditions for Sustainable GDP Growth (O1)
Presiding: Christian Dreger (DIW Berlin)
A Decomposition of China's Productivity Growth and Its Reform Implications
Jack W. Hou (California State University-Long Beach and Henan University)
Qun Zhang (Jilin University)
[View Abstract]
Does Mr. Okun Go to Emerging Countries?
Vikkas Kakkar (City University of Hong Kong)
Iikka Korhonen (Bank of Finland and BOFIT)
[View Abstract]
Removing Selective Mobility Restrictions: Evidence from China
Yao Pan (Aalto University)
[View Abstract]
Understanding Chinese Consumption: The Impact of Hukou
Christian Dreger (DIW Berlin)
Yanqun Zhang (Chinese Academy of Social Sciences-Beijing)
[View Abstract] [Download Preview]
Discussants:
Belton M. Fleisher (Ohio State University)
Yong Wang (City University of Hong Kong)
Kai Yan (International Monetary Fund)

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon F
Econometric Society
Advances in Collusion and Antitrust Policy (K2, L4)
Presiding: Judith Chevalier (Yale University)
Co-Opetition: Some Antitrust of Arrangements Between Competitors
Jean Tirole (Toulouse School of Economics)
[View Abstract] [Download Preview]
Effects of Antitrust Leniency on Concealment Effort by Colluding Firms
Leslie Marx (Duke University)
Claudio Mezzetti (University of Melbourne)
[View Abstract] [Download Preview]
Cooperation, R&D Spillovers and Antitrust Policy
Angel Lopez (Universitat Autònoma de Barcelona)
Xavier Vives (IESE Business School)
[View Abstract] [Download Preview]
Discussants:
Barry Nalebuff (Yale University)
Joseph E. Harrington (University of Pennsylvania)
Luis Cabral (New York University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon E
Econometric Society
Econometrics of Randomized Experiments (C9)
Presiding: Guido W. Imbens (Stanford University)
Tolerating Defiance? Local Average Treatment Effects without Monotonicity.
Clément de Chaisemartin (University of Warwick)
[View Abstract] [Download Preview]
Endogenous Stratification in Randomized Experiments
Alberto Abadie (Harvard University)
[View Abstract] [Download Preview]
Why Experimenters Should Not Randomize, and What They Should Do Instead
Maximilian Kasy (Harvard University)
[View Abstract] [Download Preview]
Optimal A Priori Balance in the Design of Controlled Experiments
Nathan Kallus (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon D
Econometric Society
Financial Econometrics (C5)
Presiding: Eric Renault (Brown University)
Staying at Zero with Affine Processes: A New Dynamic Term Structure Model
Alain Monfort (CREST)
Fulvio Pegoraro (Banque de France)
Jean-Paul Renne (Banque de France)
Guillaume Roussellet (Banque de France, CREST and CEREMADE)
[View Abstract] [Download Preview]
Estimating Global Bank Network Connectedness
Mert Demirer (Koc University)
Francis X. Diebold (University of Pennsylvania)
Kamil Yilmaz (Koc University)
[View Abstract]
Information Theory for Maximum Likelihood Estimation of Diffusion Models
Hwan-sik Choi (Binghamton University)
[View Abstract]
How Fama-MacBeth Can Go Wrong -- and an Informative Solution
Lynda Khalaf (Carleton University)
Huntley Schaller (Carleton University)
[View Abstract]

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon B
Econometric Society
Labor Market Policies: Design and Evaluation (J3, J4)
Presiding: Noah Williams (University of Wisconsin)
Optimal Unemployment Insurance and Cyclical Fluctuations
Rui Li (University of Massachusetts-Boston)
Noah Williams (University of Wisconsin)
[View Abstract] [Download Preview]
Labor Market Policies in a Dual Economy
Sagiri Kitao (Hunter College)
[View Abstract] [Download Preview]
Labor Market Reform and the Cost of Business Cycles
Tom Krebs (University of Mannheim)
[View Abstract]
Who Cares about Unemployment Insurance?
Avihai Lifschitz (Tel Aviv University)
Ofer Setty (Tel Aviv University)
Yaniv Yedid-Levi (University of British Columbia)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon G
Econometric Society
Labor Markets in the Great Recession (E3, J2)
Presiding: Patrick Kehoe (University of Minnesota)
Debt Constraints and Employment
Patrick Kehoe (University of Minnesota)
Virgiliu Midrigan (New York University)
Elena Pastorino (University of Minnesota)
[View Abstract] [Download Preview]
Firm Entry and Employment Dynamics in the Great Recession
Michael Siemer (Federal Reserve Board)
[View Abstract] [Download Preview]
Entry, Exit and the Shape of Aggregate Fluctuations in a General Equilibrium Model with Capital Heterogeneity
Gian Luca Clementi (New York University)
Aubhik Khan (Ohio State University)
Berardino Palazzo (Boston University)
Julia Thomas (Ohio State University)
[View Abstract]
Born Under a Bad Sign: The Cost of Entering the Job Market During a Recession
Shu Wee (Carnegie Mellon University)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Sheraton Boston, Beacon H
Econometric Society
Monetary Policy and the Great Recession (E5)
Presiding: Taisuke Nakata (Federal Reserve Board)
Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound
Jing Cynthia Wu (University of Chicago)
Fan Dora Xia (University of California-San Diego)
[View Abstract] [Download Preview]
Reputation and Liquidity Traps
Taisuke Nakata (Federal Reserve Board)
[View Abstract] [Download Preview]
Regime Switching in Monetary Policy or Volatilities: An Assessment of United States Fluctuations
Andrew Foerster (Federal Reserve Bank of Kansas City)
[View Abstract]
Escaping the Great Recession
Francesco Bianchi (Duke University)
Leonardo Melosi (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Sheraton Boston, Clarendon Room
History of Economics Society
History of Discrimination in Economics (J1, J7)
Presiding: Annie L. Cot (University of Paris 1 Panthéon-Sorbonne)
A History of the Measurement of Discrimination in Economics
William A. Darity, Jr. (Duke University)
[View Abstract]
From National Characters to Statistical Discrimination
Sandra J. Peart (University of Richmond)
David M. Levy (George Mason University)
[View Abstract]
The Role of British Economists in the Equal Pay for Equal Work Controversy: Theory, Measurement, and Expertise: 1918-1946
Cléo Chassonnery-Zaigouche (University Paris 1 Panthéon-Sorbonne)
Annie L. Cot (University of Paris 1 Panthéon-Sorbonne)
[View Abstract]
Family Responsibility Discrimination: An Intellectual History
Nancy Folbre (University of Massachusetts-Amherst)
[View Abstract]
Discussants:
Michael J. Piore (Massachusetts Institute of Technology)
Shoshana Grossbard (San Diego State University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Tremont
International Association for Energy Economists/National Association for Business Economics
The Shale Boom and the Economy (Q4, F1) (Panel Discussion)
Panel Moderator: Mine Yucel (Federal Reserve Bank of Dallas)
Michael Levi (Council on Foreign Relations) International Consequences of the Shale Boom
Marianne Kah (ConocoPhillips) The Case for Crude Oil Exports
Robert Lawrence (Harvard University) Reduced Oil Imports and the Trade Deficit

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon H
International Banking Economics & Finance Association
Networks, Integration and Contagion (G1, G2)
Presiding: Diana Hancock (Federal Reserve Board)
A Wake-Up Call Theory of Contagion
Toni Ahnert (Bank of Canada)
Christoph Bertsch (Sveriges Riksbank)
[View Abstract] [Download Preview]
International Banking and Liquidity Risk Transmission: Lessons from across Countries
Claudia Buch (Deutsche Bundesbank)
Linda Goldberg (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Crisis Transmission in the Global Banking Network
Galina Hale (Federal Reserve Bank of San Francisco)
Tumer Kapan (Fannie Mae)
Camelia Minoiu (International Monetary Fund)
[View Abstract] [Download Preview]
Volatile Lending and Bank Wholesale Funding
Ben Craig (Federal Reserve Bank of Cleveland)
Valeriya Dinger (University of Osnabrück)
[View Abstract] [Download Preview]
Discussants:
Sergio Vicente (Universidad Carlos III Madrid)
Lena Tonzer (EUI and Halle Institute for Economic Research)
Marianna Caccavaio (Bank of Italy)
Martin Strieborny (Lund University)

Jan 04, 2015 2:30 pm, Sheraton Boston, Berkeley Room
International Health Economics Association
Competition and Regulation in Pharmaceutical Markets (I1)
Presiding: Ernst R. Berndt (Massachusetts Institute of Technology)
U.S. Drug Shortages in Retail and Hospital Channels
Eli Liebman (Duke University)
David B. Ridley (Duke University)
[View Abstract]
Pharmaceutical Patent Challenges and Their Implications for Innovation and Generic Competition
Henry Grabowski (Duke University)
Carlos Brain (Cornerstone Research)
Anna Taub (Cornerstone Research)
Rahul Guha (Cornerstone Research)
[View Abstract] [Download Preview]
Modeling and Evaluating Consumers' Prescription Drug Plans Choices in Medicare Part D
Jonathan Ketcham (Arizona State University)
Nicolai Kuminoff (Arizona State University)
Christopher Powers (Centers for Medicare and Medicaid Services)
[View Abstract]
Off-Label Use of Pharmaceuticals: Trends and Drivers
W. David Bradford (University of Georgia)
John L. Turner (University of Georgia)
Jonathan W. Williams (University of Georgia)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Yarmouth
International Society for Inventory Research
Inventories and Business Cycles (E2, E3)
Presiding: Thomas A. Lubik (Federal Reserve Bank of Richmond)
The Nature of Capital Expenditures and the Business Cycle
Ruediger Bachmann (University of Notre Dame)
Peter Zorn (University of Frankfurt)
[View Abstract]
Investment and Inventories: Evidence on Interactions
Christoph Gortz (University of Birmingham)
Afrasiab Mirzayand (University of Birmingham)
John Tsoukalas (University of Glasgow)
[View Abstract]
What Inventory Behavior Tells Us About How Business Cycles Have Changed
Thomas A. Lubik (Federal Reserve Bank of Richmond)
Pierre-Daniel Sarte (Federal Reserve Bank of Richmond)
Felipe Schwartzman (Federal Reserve Bank of Richmond)
[View Abstract] [Download Preview]
Just-In-Time Inventories, Business Cycles, and the Great Moderation
Ana Herrera (University of Kentucky)
Yong-Gook Jung (Wayne State University)
Robert Rosanna (Wayne State University)
[View Abstract] [Download Preview]
Discussants:
Thomas A. Lubik (Federal Reserve Bank of Richmond)
Scott Schuh (Federal Reserve Bank of Boston)
Andrea Tambalotti (Federal Reserve Bank of New York)
Eric Sims (University of Notre Dame)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Vermont
International Society for New Institutional Economics
Institutions, Organization, and Entrepreneurship (L2)
Presiding: Francine Lafontaine (University of Michigan)
The Power of the Street: Evidence from Egypt's Arab Spring
Daron Acemoglu (Massachusetts Institute of Technology)
Tarek Hassan (University of Chicago)
Ahmed Tahoun (London Business School)
[View Abstract]
Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform
Thais Lærkholm Jensen (University of Copenhagen)
Søren Leth-Petersen (University of Copenhagen)
Ramana Nanda (Harvard University)
[View Abstract] [Download Preview]
Serial Entrepreneurship: Learning by Doing?
Francine Lafontaine (University of Michigan)
Kathryn L. Shaw (Stanford University)
[View Abstract]
Enforcing Covenants Not to Compete: The Lifecycle Impact on New Firms
Natarajan Balasubramanian (Syracuse University)
Mariko Sakakibara (University of California-Los Angeles)
Evan Starr (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Discussants:
Suresh Naidu (Columbia University)
Renata Kosova (Imperial College London)
Peter G. Klein (University of Missouri)
Danielle Li (Northwestern University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Simmons
International Trade & Finance Association
Trade and Development (F1, O1) (Panel Discussion)
Panel Moderator: Max Kreinin (Michigan State University)
Ronald Jones (University of Rochester)
Michael Michaely (Hebrew University of Jerusalem)
Don Clark (University of Tennessee)
Sven Arndt (Claremont McKenna College)
Max Kreinin (Michigan State University)

Jan 04, 2015 2:30 pm, Westin Copley, Courier
Labor & Employment Relations Association
Financial Market Developments and Labor Relations (J5)
Presiding: Christian E. Weller (University of Massachusetts-Boston)
Structural Change in Employment Relations, the Financialization of the Corporation, and the Erosion of Middle-Class Jobs
William Lazonick (University of Massachusetts-Lowell)
[View Abstract]
Investors as Managers: Private Equity and Employment Relations
Eileen Appelbaum (Center for Economic and Policy Research)
Rosemary Batt (Cornell University)
[View Abstract] [Download Preview]
The Unintended Effects of 401(k)s on Employers and the Macroeconomy
Teresa Ghilarducci (New School)
Joelle Saad-Lessler (New School)
[View Abstract]
Employee Stock Ownership and Profit Sharing in the New Era of Financialization and Inequality in the Distribution of Capital Income
Joseph Blasi (Rutgers University)
Richard B. Freeman (Harvard University)
Douglas L. Kruse (Rutgers University)
Income Diversification as Self-Insurance: Laying out the Policy Challenges
Jeffrey Wenger (University of Georgia)
Christian E. Weller (University of Massachusetts-Boston)
[View Abstract] [Download Preview]

Jan 04, 2015 2:30 pm, Westin Copley, Great Republic
Labor & Employment Relations Association
The Walton and McKersie Behavioral Theory of Labor Negotiations at Fifty: Looking Back and Looking Ahead (J5)
Presiding: Joel Cutcher-Gershenfeld (University of Illinois-Urbana-Champaign)
Industrial Relations Perspective
Thomas A. Kochan (Massachusetts Institute of Technology)
[View Abstract]
Organizational Psychology Perspective
Max Bazerman (Harvard Business School)
[View Abstract]
Negotiation, Gender, and HRM Perspective
Hannah Bowles (Harvard University)
[View Abstract]
Dispute Resolution and Industrial Relations Perspective
David Lipsky (Cornell University)
[View Abstract]
Dispute Resolution, Economics, and Practitioner Perspective
Mary Rowe (Massachusetts Institute of Technology)
[View Abstract]
Business and Negotiations Perspective
Jim Sebenius (Harvard Business School)
[View Abstract]
Discussants:
Robert B. McKersie (Massachusetts Institute of Technology)
Richard Walton (Harvard Business School)

Jan 04, 2015 2:30 pm, Sheraton Boston, Hampton Room
National Association of Economic Educators
New Initiatives in Teaching, Learning, and Assessment in Postsecondary Economics (A2) (Panel Discussion)
Panel Moderator: Sam Allgood (University of Nebraska-Lincoln)
Amanda Bayer (Swarthmore College) Advanced Placement Exams in Economics
William Walstad (University of Nebraska-Lincoln) Test of Understanding in College Economics (TUCE)
Rae Jean Goodman (United States Naval Academy) OECD's Assessment of Higher Education Learning Outcomes (AHELO)
Josipa Roksa (University of Virginia) SSRC's Measuring College Learning (MCL) Project

Jan 04, 2015 2:30 pm, Boston Marriott Copley, New Hampshire
National Economic Association/American Society of Hispanic Economists
Structural Factors Affecting Socioeconomic Outcomes by Race, Ethnicity, and Birthplace (J7)
Presiding: Catalina Amuedo-Dorantes (San Diego State University)
The Effect of Degree Attainment on Crime: Evidence from a Randomized Social Experiment
Vikesh Amin (Central Michigan University)
Daniel J. Parisian (State University of New York-Binghamton)
Carlos A. Flores (California Polytechnic State University)
Alfonso Flores-Lagunes (State University of New York-Binghamton)
[View Abstract] [Download Preview]
The Impact of Unions on the Wage of Hispanic Workers in the United States
Carlos Vargas-Silva (University of Oxford)
Cinzia Rienzo (National Institute of Economic and Social Research)
[View Abstract] [Download Preview]
The Impact of Temporary Protected Status on Labor Market Outcomes
Pia Orrenius (Federal Reserve Bank of Dallas)
Madeline Zavodny (Agnes Scott College)
[View Abstract] [Download Preview]
Illegal Immigration, State Law and Deterrence
Sandra Orozco-Aleman (Mississippi State University)
Mark Hoekstra (Texas A&M University)
[View Abstract] [Download Preview]
Discussants:
Jose Fernandez (University of Louisville)
Marie Mora (University of Texas-Pan American)
Andres Vargas (Purdue University)
Mehmet Yaya (Eastern Michigan University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Maine
National Tax Association
Health Policy and Social Insurance: Incentives and Outcomes (I1, H5)
Presiding: Alan J. Auerbach (University of California-Berkeley)
The Spillover Effects of Managed Care
Katherine Baicker (Harvard University)
Jacob Robbins (Brown University)
[View Abstract]
Hospitals as Insurers of Last Resort
Craig Garthwaite (Northwestern University)
Allocating Scarce Organs: How a Change in Supply Affects Transplant Waiting Lists
Stacy Dickert-Conlin (Michigan State University)
Todd Elder (Michigan State University)
Keith Teltser (Michigan State University)
The Relationship between Unemployment Insurance and Disability Insurance
Till von Wachter (University of California-Los Angeles)
Discussants:
Karen Smith Conway (University of New Hampshire)
Joseph Doyle (Massachusetts Institute of Technology)
Gopi Goda (Stanford University)
Sara LaLumia (Williams College)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Harvard
Peace Science Society International/American Economic Association
Empirical Analyses of the Impact of Conflict (H5, F5)
Presiding: Carlos Seiglie (Rutgers University)
Expanding Governance as Development: Evidence on Child Nutrition in the Philippines
Eli Berman (University of California-San Diego)
Mitch Downey (University of California-San Diego)
Joseph Felter (Stanford University)
[View Abstract]
Military Spending, Budget Deficits and Financial Crises
Raul Caruso (Catholic University of the Sacred Heart)
Marco di Domizio (University of Teramo)
[View Abstract] [Download Preview]
Attitudes and Expectations in War Time: Evidence from Six Years of Surveys in Baghdad
Jacob N. Shapiro (Princeton University)
Surviving the Genocide: Child Mortality and the Rwandan Genocide
Gianna C. Giannelli (University of Florence, CHILD and IZA)
Federico Ciani (University of Florence)
[View Abstract] [Download Preview]
Education and Military Rivalry
Philippe Aghion (Harvard University)
[Download Preview]
Discussants:
Luis Locay (University of Miami)
Solomon W. Polachek (State University of New York-Binghamton)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Suffolk
Society for Computational Economics
Emergent Dynamics in Multi-Agent Models of Growth and Social Interactions (C6)
Presiding: Blake LeBaron (Brandeis University)
Perpetual Learning and Stability in Macroeconomic Models
William Branch (University of California-Irvine)
George Evans (University of Oregon)
Bruce McGough (Oregon State University)
[View Abstract]
Competitive Innovation and the Emergence of Technological Epochs
Robert Axtell (George Mason University)
Randy Casstevens (George Mason University)
Matthew Hendrey (George Mason University)
William Kennedy (George Mason University)
William Litsch (George Mason University)
[View Abstract]
Choosing a Future Based on the Past: Institutions, Behavior, and Path Dependence
Jenna Bednar (University of Michigan)
Andrea Jones-Rooy (New York University-Shanghai)
Scott Page (University of Michigan)
[View Abstract]
Emergent Coordination among Competitors
AJ Bostian (University of Tampere)
David Goldbaum (University of Technology-Sydney)
[View Abstract] [Download Preview]
Discussants:
Cars H. Hommes (University of Amsterdam)
Peter Howitt (Brown University)
David C. Colander (Middlebury College)
Jasmina Arifovic (Simon Fraser University)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Provincetown
Society for Economic Dynamics
Firm Heterogeneity in the Macroeconomy (E3, O3)
Presiding: Benjamin Moll (Princeton University)
Creative Destruction and Growth in China and India
Daniel Garcia-Macia (Stanford University)
Chang-Tai Hsieh (University of Chicago)
Peter Klenow (Stanford University)
[View Abstract]
Did the Job Ladder Fail after the Great Recession?
Giuseppe Moscarini (Yale University)
Fabien Postel-Vinay (University College London)
[View Abstract] [Download Preview]
Cyclical Reallocation of Workers across Large and Small Employers
John Haltiwanger (University of Maryland)
Henry Hyatt (U.S. Census Bureau)
Erika McEntarfer (U.S. Census Bureau)
[View Abstract]
Wealth Distribution and the Business Cycle: The Role of Private Firms
Yves Achdou (University of Paris-Diderot)
Jean-Michel Lasry (University of Paris-Dauphine)
Pierre-Louis Lions (College de France)
Benjamin Moll (Princeton University)
[View Abstract]

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Tufts
Society of Government Economists
Improving the Current Population Survey Annual Social and Economic Supplement: Income, Poverty, and Health Insurance (J3, I3)
Presiding: David Johnson (U.S. Bureau of Economic Analysis)
The Effect of the Changes to the Current Population Survey Annual Social and Economic Supplement on Estimates of Income
Edward Welniak (U.S. Census Bureau)
Jessica Semega (U.S. Census Bureau)
[View Abstract]
A Comparison of Official Poverty Estimates in the Redesigned Current Population Survey Annual Social and Economic Supplement
Joshua Mitchell (U.S. Census Bureau)
Trudi Renwick (U.S. Census Bureau)
[View Abstract]
Health Insurance in the CPS ASEC: Examining the 2014 “Break-in-Series”
Brett O’Hara (U.S. Census Bureau)
Carla Medalia (U.S. Census Bureau)
[View Abstract]
The Effect of the Changes to the Current Population Survey Annual Social and Economic Supplement on Estimates of the Supplemental Poverty Measure
Kathleen Short (U.S. Census Bureau)
[View Abstract]
Discussants:
Christopher Bollinger (University of Kentucky)
Jessica Banthin (Congressional Budget Office)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Grand Ballroom—Salon I
Union for Radical Political Economics/American Economic Association
Debating the Minimum Wage (J3)
Presiding: Fred Moseley (Mount Holyoke College)
‘Fourth Generation’ Minimum Wage Research, Employment Effects, and Modeling the Low-Wage Labor Market
John Schmitt (Center for Economic and Policy Research)
[View Abstract]
The Effect of the Minimum Wage on Transfer Income
David Cooper (Economic Policy Institute)
[View Abstract] [Download Preview]
Living Wages and Fast-Food Prices: How Businesses Adjust to Minimum Wage Increases
Robert Pollin (University of Massachusetts-Amherst)
Jeannette Wicks-Lim (Political Economy Research Institute)
[View Abstract]
Discussants:
William Wascher (Federal Reserve Board)
David Macpherson (Trinity University)
Daniel Aaronson (Federal Reserve Bank of Chicago)

Jan 04, 2015 2:30 pm, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
Heterodox Perspectives on the Welfare State (H4)
Presiding: Maria N. Ivanova (University of London)
Proposing a European-Wide Unemployment Insurance Program
Leila Davis (Middlebury College)
Charalampos Konstantinidis (University of Massachusetts-Boston)
Yorghos Tripodis (Boston University)
[View Abstract]
Welfare Systems and Social Services during the Systemic Crisis of Cognitive Capitalism. Further Reflections
Stefano Lucarelli (Università di Bergamo)
Carlo Vercellone (Université Paris 1 Panthéon-Sorbonne)
Andrea Fumagalli (Universita degli Studi di Pavia)
[View Abstract] [Download Preview]
Heterodox Economic Theories of the Postwar Capitalist State
Sudeep Regmi (University of Missouri-Kansas City)
[View Abstract]
Was It Really a Crisis of Democracy? Revisiting “The Crisis of Democracy” in Its Fortieth Anniversary
Ali Tarhan (Political Economist)
[View Abstract]
Discussants:
Maria N. Ivanova (Goldsmiths, University of London)
Charalampos Konstantinidis (University of Massachusetts-Boston)

Jan 04, 2015 4:40 pm, Sheraton Boston, Grand Ballroom
American Economic Association
AEA Awards Ceremony and Presidential Address
Presiding: Richard Thaler (University of Chicago)
William Nordhaus (Yale University) Climate Clubs
[Download Preview] [Download Appendix] [Download Powerpoint Slides]

Jan 04, 2015 4:45 pm, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
AFEE Presidential Address
Presiding: Sherry Kasper (Maryville College)
Janet Knoedler (Bucknell College) Going to College on My iPhone: A Veblenian Analysis of Higher Education in the 21st Century

Jan 04, 2015 5:00 pm, Sheraton Boston, Back Bay Ballroom A
Korea-America Economic Association
Annual Business Meeting and Maekyung Forum Address
Narayanan Kocherlakota (Federal Reserve Bank of Minneapolis)

Jan 04, 2015 5:15 pm, Boston Marriott Copley, Grand Ballroom—Salon H
International Banking Economics & Finance Association
Annual Membership Meeting and Presidential Address

Jan 04, 2015 5:45 pm, Westin Copley, America South
American Finance Association
Business Meeting and Presidential Address

Jan 04, 2015 6:00 pm, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Membership Meeting and Presidential Address Followed by our Annual Wine and Cheese Reception
Dennis Tao Yang (University of Virginia)

Jan 04, 2015 6:30 pm, Boston Marriott Copley, New Hampshire
National Economic Association
Presidential Address and Reception
Trevon D. Logan (Ohio State University)

Jan 04, 2015 8:00 pm, Sheraton Boston, Republic Ballroom A & B
American Economic Association
7th Annual Economics Humor Session in Honor of Caroline Postelle Clotfelter (Y9)
Presiding: Jodi Beggs (Northeastern University and Economists Do It With Models)
Rockonomix: Integrating Economics and Popular Music
Kim Holder (University of West Georgia )
The Instrumental Variables ()
Was that Rational? The American Economic (Year in) Review
James E. Tierney (Pennsylvania State University)
Dual Mandate
Merle Hazard (merlehazard.com)
Homer-Economicus: The Simpsons and Economics
Joshua Hall (West Virginia University )
and Friends ()
A Few Goodmen: Surname-Sharing Economist Coauthors
Allen C. Goodman (Wayne State University)
Joshua Goodman (Harvard University)
Lucas Goodman (University of Maryland)
Sarena Goodman (Federal Reserve Board)
[View Abstract] [Download Preview]
We the Economy
Vulcan Productions and Cinelan Films ()
Economic-con 2015: A Theory of Maximizing Social Welfare via Top Decile Earners
Zach Weinersmith (Saturday Morning Breakfast Cereal)
Economic Actors
Jodi Beggs (Northeastern University and Economists Do It With Models )
The Geek Week Players ()


Jan 05, 2015

Jan 05, 2015 8:00 am, Sheraton Boston, Independence Ballroom East
American Economic Association
Autos and the Business Cycle (E2)
Presiding: Karen Pence (Federal Reserve Board)
Auto Sales and Credit Supply
Kathleen W. Johnson (Federal Reserve Board)
Karen Pence (Federal Reserve Board)
Daniel Vine (Federal Reserve Board)
[View Abstract] [Download Preview]
What was Bad for GM was Bad for America: The Automobile Industry and the 1937-38 Recession
Joshua Hausman (University of Michigan)
[View Abstract] [Download Preview]
Accelerator or Brake? Microeconomic Estimates of the 'Cash for Clunkers' and Aggregate Demand
Brian Melzer (Northwestern University)
Jonathan A. Parker (Massachusetts Institute of Technology and NBER)
Ryan Pfirrmann-Powell (U.S. Bureau of Labor Statistics)
[View Abstract] [Download Preview]
Liquidity, Non-Bank Credit and the Financial Crisis: Evidence from Automobiles
Efraim Benmelech (Northwestern University)
Ralf R. Meisenzahl (Federal Reserve Board)
Rodney Ramcharan (Federal Reserve Board)
[View Abstract] [Download Preview]
Discussants:
Daniel Sichel (Wellesley College)
Robert Barsky (Federal Reserve Bank of Chicago)
Meghan Busse (Northwestern University)
Gabriel Chodorow-Reich (Harvard University)

Jan 05, 2015 8:00 am, Sheraton Boston, Liberty A
American Economic Association
Banking and Financial Markets (G2)
Presiding: Judit Temesvary (Hamilton College)
Testing for Experience Effects in Banking
Georgia Bush (Rutgers University)
[View Abstract] [Download Preview]
Information Acquisition vs. Liquidity in Financial Markets
Victoria Vanasco (Stanford University)
[View Abstract] [Download Preview]
Bank Offshoring, Tax Evasion, and Performance: Evidence from Moscow Administrative Data.
Sergey V. Mityakov (Clemson University)
Lucy Chernykh (Clemson University)
[View Abstract] [Download Preview]
United States Banks' Behavior since Lehman's Collapse, Bailout Uncertainty and the Timing of Exit Strategies
Alex Cukierman (Tel Aviv University)
[View Abstract] [Download Preview]
Bank Bias in Europe: Effects on Systemic Risk and Growth
Sam Langfield (European Central Bank)
Marco Pagano (University of Naples Federico II)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Sheraton Boston, Independence Ballroom West
American Economic Association
Behavioral and Neuroeconomics (D8, C9)
Presiding: David Laibson (Harvard University)
Deciding When to Quit: Reference-Dependence over Slot Machine Outcomes
Jaimie Lien (Tsinghua University)
Jie Zheng (Tsinghua University)
[View Abstract] [Download Preview]
The Disposition Effect On Optimal Stopping Decisions: A Direct Test
Jacopo Magnani (Xiamen University)
[View Abstract] [Download Preview]
Loss-Aversion in Consumer Reactions to Sales-Price Changes
Deb Ray (California Institute of Technology)
Matthew Shum (California Institute of Technology)
Colin Camerer (California Institute of Technology)
[View Abstract]
Do NFL Players with Short-Lived Income Spikes Smooth Consumption?
Kyle Carlson (California Institute of Technology)
Annamaria Lusardi (George Washington University)
Colin Camerer (California Institute of Technology)
[View Abstract]

Jan 05, 2015 8:00 am, Sheraton Boston, Gardner Room
American Economic Association
Causes of Health Differences (I1)
Presiding: Kathleen Carey (Boston University)
The Heterogeneous Long-Run Health Consequences of Rural-Urban Migration
Janna E. Johnson (University of Minnesota)
Evan J. Taylor (University of Michigan)
[View Abstract]
Why Are Smoking Ban Effect Estimates So Inconclusive? Evidence from Hospitalization Data and Birth Statistics
Nicolas R. Ziebarth (Cornell University)
Tom Siedler (University of Hamburg)
Michael Kvasnicka (Otto von Guericke University Magdeburg)
[View Abstract]
Food Choices, Novelty Consumption and Health: Evidence from the East German Transition to Capitalism
Nicolas R. Ziebarth (Cornell University)
Davide Dragone (University of Bologna)
[View Abstract]
Spring Forward and Fall Back in Health? The Effect of Daylight Saving Time on Acute Myocardial Infarction
Shinsuke Tanaka (Tufts University)
Hideto Koizumi (Innovations for Poverty Action)
[View Abstract]
Can We Trust Online Physician Ratings? Evidence from Cardiac Surgeons in Florida
Susan F. Lu (University of Rochester)
Huaxia Rui (University of Rochester)
[View Abstract]

Jan 05, 2015 8:00 am, Hynes Convention Center, Room 201
American Economic Association
Compensation and Rents in the Finance Industry (J3, G2)
Presiding: Paul Oyer (Stanford University)
Adverse Selection and Intermediation Chains
Vincent Glode (University of Pennsylvania)
Christian C. Opp (University of Pennsylvania)
[View Abstract] [Download Preview]
Wages and Human Capital in Finance: International Evidence 1970-2007
Hamid Boustanifar (BI Norwegian Business School)
Everett Grant (University of Virginia)
Thomas Philippon (New York University)
Ariel Reshef (University of Virginia)
[View Abstract] [Download Preview]
Government Distortions, Bankers' Pay and Excessive Risk
Misa Tanaka (Bank of England)
John Thanassoulis (University of Warwick)
[View Abstract] [Download Preview]
Are Bankers Worth Their Pay? Evidence from a Talent Measure
Claire Celerier (University of Zurich)
Boris Vallee (Harvard Business School)
[View Abstract]
Discussants:
David Scharfstein (Harvard Business School)
Camille Landais (London School of Economics)
Alex Edmans (London Business School)
Joshua Rauh (Stanford University)

Jan 05, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
Consumer Choice and Welfare Through a Behavioral Lens: Empirical Evidence from Low-Income Populations (D1, D8)
Presiding: Ted O'Donoghue (Cornell University)
Inter-Household Variation in Prices: Who Pays More, and Why?
Brian Dillon (University of Washington)
Ted O'Donoghue (Cornell University)
Joachim De Weerdt (Economic Development Initiatives)
[View Abstract] [Download Preview]
To Charge or Not to Charge: Evidence from a Health Produces Experiment in Uganda
Greg Fischer (London School of Economics)
Dean Karlan (Yale University and IPA)
Margaret McConnell (Harvard University)
Pia Raffler (Yale University)
[View Abstract]
Pay as You Go: The Effect of Prepaid Metering on Electricity Use in South Africa
B. Kelsey Jack (Tufts University)
Grant Smith (University of Cape Town)
[View Abstract]
The Effect of SNAP Take-up on Shopping Behavior: Evidence from a Retailer Loyalty Panel
Justine Hastings (Brown University)
Jesse M. Shapiro (University of Chicago)
[View Abstract]
Discussants:
Jonathan Robinson (University of California-Santa Cruz)
Diane Schanzenbach (Northwestern University)
Koichiro Ito (Boston University)
Alex Rees-Jones (University of Pennsylvania)

Jan 05, 2015 8:00 am, Hynes Convention Center, Room 207
American Economic Association
Credit and Balance Sheets During the Great Recession (E2, D1)
Presiding: Christopher Carroll (Johns Hopkins University)
Debt and the Consumption Response to Household Income Shocks
Scott Ross Baker (Northwestern University)
[View Abstract] [Download Preview]
Why Did So Many Subprime Borrowers Default During the Crisis: Loose Credit or Plummeting Prices?
Christopher Palmer (University of California-Berkeley)
[View Abstract] [Download Preview]
The Wealthy Hand-to-Mouth
Greg Kaplan (Princeton University)
Gianluca Violante (New York University)
Justin Weidner (Princeton University)
[View Abstract]
Do Credit Market Shocks Affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and 'Normal' Economic Times
Michael Greenstone (University of Chicago)
Alexandre Mas (Princeton University)
Hoai-Luu Nguyen (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Adi Sunderam (Harvard Business School)
Tomasz Piskorski (Columbia University)
Theresa Kuchler (New York University)
Brigitte C. Madrian (Harvard University)

Jan 05, 2015 8:00 am, Sheraton Boston, Liberty B
American Economic Association
Economics of Education (I2)
Presiding: Celeste Carruthers (University of Tennessee)
Education, Initial Labor Market Conditions and Lifetime Outcomes: Evidence from Europe
David Cutler (Harvard University)
Wei Huang (Harvard University)
Adriana Lleras-Muney (University of California-Los Angeles)
[View Abstract]
Heterogeneity over the Life-Cycle: Re-Examining the Wage Returns to Education in Britain
Franz Buscha (University of Westminster)
Matt Dickson (University of Bath)
[View Abstract] [Download Preview]
The Intended and Unintended Effects of Matching Grants on Education Expenditure: Evidence from Panel County Data in Rural China
Wei Ha (Peking University)
Xiaoyu Chen (Peking University)
Xiaohao Ding (Peking University)
[View Abstract]
Adverse effects of increased education efficiency? The impact of shortening high school tenure on graduation age, grade repetitions and graduation rates
Mathias Huebener (DIW Berlin)
Jan Marcus (DIW Berlin)
[View Abstract] [Download Preview]
Who Wears the Trousers in the Family? Intra-Household Resource Control, Subjective Expectations and Human Capital Investment
Alex Armand (University of Navarra and Institute for Fiscal Studies)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Hynes Convention Center, Room 209
American Economic Association
Emerging Markets (F3)
Presiding: Niloufer Sohrabji (Simmons College)
Optimal Design of a Financial and Trade Union
Vania Stavrakeva (London Business School)
Timothy McQuade (Stanford University)
[View Abstract]
Why Do Emerging Economies Borrow in Foreign Currency?
Charles Engel (University of Wisconsin-Madison)
Jungjae Park (National University of Singapore)
[View Abstract]
International Financial Spillovers to Emerging Market Economies: How Important Are Economic Fundamentals?
Shaghil Ahmed (Federal Reserve Board)
Brahima Coulibaly (Federal Reserve Board)
Andrei Zlate (Federal Reserve Board)
[View Abstract] [Download Preview]
Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective
Benigno Ginaluca (London School of Economics)
Christopher Otrok (University of Missouri)
Alessandro Rebucci (Johns Hopkins University)
Eric R. Young (University of Virginia)
Huigang Chen (MarketShare Partners)
[View Abstract]
Countering Sanctions: The Unequal Geographic Impact of Economic Sanctions in North Korea
Yong Suk Lee (Stanford University)
[View Abstract]

Jan 05, 2015 8:00 am, Hynes Convention Center, Room 206
American Economic Association
Field Experiments (C9)
Presiding: David Reiley (Google, Inc.)
Do Taxes Crowd Out Intrinsic Motivation? Field-Experimental Evidence from Germany
Johannes Rincke (University of Erlangen-Nuremberg)
Nadja Dwenger (Max Planck Institute)
Pierre Boyer (University of Mannheim)
[View Abstract] [Download Preview]
Public Health Voucher, Psychological Value, and Persuasion: An Experimental Study
Yidian Liu (Central University of Finance and Economics)
Peng Wang (Central University of Finance and Economics)
Nan Guo (Central University of Finance and Economics)
Yuxi Jia (Central University of Finance and Economics)
Yakun Hu (Central University of Finance and Economics)
[View Abstract] [Download Preview]
Beyond Enforcement - Experimental Evidence on Commitment Requests
Tobias Cagala (University of Nuremberg and University of Munich)
Ulrich Glogowsky (University of Nuremberg and University of Munich)
Johannes Rincke (University of Nuremberg and CESifo)
[View Abstract]
Introducing Mobile Money in Rural Mozambique: Evidence from a Field Experiment
Catia Batista (Nova University of Lisbon)
Pedro C. Vicente (Nova University of Lisbon)
[View Abstract]

Jan 05, 2015 8:00 am, Sheraton Boston, The Fens
American Economic Association
Firms and Contracts (D2)
Presiding: Julie Mortimer (Boston College)
Employment, Markets, Contracts, and the Scope of the Firm
Birger Wernerfelt (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Business Groups as Hierarchies of Firms: Determinants of Vertical Integration and Performance
Carlo Altomonte (Bocconi University)
Armando Rungi (IMT Lucca)
[View Abstract] [Download Preview]
Delegating relational contracts to corruptible intermediaries
Marta Troya Martinez (New Economic School-Moscow)
Liam Wren-Lewis (Paris School of Economics)
[View Abstract] [Download Preview]
Testing for the Interaction of Formal and Informal Contracts
Giorgio Zanarone (University College of Financial Studies)
Ricard Gil (Johns Hopkins University)
[View Abstract] [Download Preview]
A Theory of Family Ownership
Jin Yu (University of New South Wales)
Pavle Radicevic (University of New South Wales)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Housing, Unemployment and Monetary Policy (E2, E3)
Presiding: William Branch (University of California-Irvine)
Housing Prices and Robustly Optimal Monetary Policy
Klaus Adam (University of Mannheim)
Michael Woodford (Columbia University)
[View Abstract]
On the Dynamics of Unemployment, Sectoral Reallocation, and Housing Prices under Financial Frictions
William Branch (University of California-Irvine)
Nicolas Petrosky-Nadeau (Carnegie Mellon University)
Guillaume Rocheteau (University of California-Irvine)
[View Abstract] [Download Preview]
Spatial search strategies of job seekers and the role of unemployment insurance
Elisa Guglielminetti (Sciences Po and La Sapienza)
Rafael Lalive (University of Lausanne)
Philippe Ruh (University of Zurich)
Etienne Wasmer (Sciences Po)
[View Abstract] [Download Preview]
Discussants:
John C. Williams (Federal Reserve Bank of San Francisco)
Robert E. Hall (Stanford University)
Jan Brueckner (University of California-Irvine)

Jan 05, 2015 8:00 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
How Did the Safety Net Perform During the Great Recession? (H5)
Presiding: David Card (University of California-Berkeley)
Living Arrangements, Doubling Up, and the Great Recession: Was This Time Different?
Hilary Hoynes (University of California-Berkeley)
Marianne Bitler (University of California-Irvine)
[View Abstract] [Download Preview]
The Effect of Extended Unemployment Insurance Benefits: Evidence from the 2012-2013 Phase-Out
Henry S. Farber (Princeton University)
Jesse Rothstein (University of California-Berkeley)
Robert Valletta (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Disability Insurance and the Great Recession
Nicole Maestas (RAND Corporation)
Kathleen Mullen (RAND Corporation)
Alexander Strand (Social Security Administration)

Jan 05, 2015 8:00 am, Hynes Convention Center, Room 204
American Economic Association
Hygiene and Sanitation in Developing Countries (I1, O1)
Presiding: Paul Gertler (University of California-Berkeley)
Learning, Hygiene, and Traditional Medicine
Daniel M. Bennett (University of Chicago)
Syed Ali Asjad Naqvi (Vienna University of Economics and Business)
Wolf-Peter Schmidt (London School of Hygiene and Tropical Medicine)
[View Abstract]
How Does Health Promotion Work? Evidence From The Dirty Business of Eliminating Open Defecation
Paul Gertler (University of California-Berkeley)
Manisha Shah (University of California-Los Angeles)
[View Abstract] [Download Preview]
No Shit: Demand Estimation with Strategic Complementarities -- The Case of Sanitation in Bangladesh
Ahmed Mushfiq Mobarak (Yale University)
James Levinsohn (Yale University)
Raymond Guiteras (University of Maryland)
[View Abstract]
Sanitation and Education
Anjali Adukia (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Daniel M. Bennett (University of Chicago)
Ahmed Mushfiq Mobarak (Yale University)
Raymond Guiteras (University of Maryland)
Anjali Adukia (University of Chicago)

Jan 05, 2015 8:00 am, Sheraton Boston, Public Garden
American Economic Association
Macro/International III (E3, F1)
Presiding: Linda Goldberg (Federal Reserve Bank of New York)
Demand Shocks and Open Economy Puzzles
Yan Bai (University of Rochester)
Jose-Victor Rios-Rull (University of Minnesota)
[View Abstract]
Retail Access, Travel Costs, and Food Purchases across the Socioeconomic Spectrum
Jessie Handbury (University of Pennsylvania)
Ilya Rahkovsky (U.S. Department of Agriculture)
Molly Schnell (Princeton University)
[View Abstract]
Trade, Technology and Input Linkages: A Theory with Evidence from Colombia
Daniel Xu (Duke University)
Marcela Eslava (Universidad de Los Andes)
Ana Cecilia Fieler (University of Pennsylvania)
[View Abstract] [Download Preview]
Global Banks' Dynamics and the International Transmission of Shocks
Jose L. Fillat (Federal Reserve Bank of Boston)
Stefania Garetto (Boston University)
Martin Goetz (Goethe University Frankfurt)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
Patent Economics (K2, O3)
Presiding: Joshua Lerner (Harvard University)
Standard-Essential Patents
Joshua Lerner (Harvard University)
Jean Tirole (Toulouse School of Economics)
[View Abstract] [Download Preview]
Do Firms Underinvest in Long-Term Research? Evidence from Cancer Clinical Trials
Eric Budish (University of Chicago)
Benjamin Roin (Harvard University)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Intellectual Property Rights and Access to Innovation: Evidence from TRIPS
Margaret Kyle (Toulouse School of Economics)
Yi Qian (Northwestern University)
[View Abstract] [Download Preview]
Discussants:
Ufuk Akcigit (University of Pennsylvania)
Petra Moser (Stanford University)
Pierre Azoulay (Massachusetts Institute of Technology)
Louis Kaplow (Harvard University)

Jan 05, 2015 8:00 am, Sheraton Boston, Commonwealth
American Economic Association
Productivity Dispersion in Low Income Countries: Sector Studies (O1, L1)
Presiding: Rocco Macchiavello (University of Warwick)
Productivity and Competition in India's Brick Industry
Daniel Keniston (Yale University)
[View Abstract]
Organizational Barriers to Technology Adoption: Evidence from Soccer-Ball Producers in Pakistan
David Atkin (Yale University)
Amit Khandelwal (Columbia University)
Eric Verhoogen (Columbia University)
Asam Chaudhry (Lahore School of Economics)
Shamyla Chaudry (Lahore School of Economics)
[View Abstract] [Download Preview]
Managerial Capital and Productivity Dispersion: Evidence from Garment Factories
Christopher Woodruff (University of Warwick)
Rocco Macchiavello (University of Warwick)
[View Abstract]
Competition and Relational Contracts: Evidence from Rwanda's Coffee Mills
Ameet Morjaria (Harvard University)
Rocco Macchiavello (University of Warwick)
[View Abstract]
Discussants:
Nicholas Bloom (Stanford University)
Chad Syverson (University of Chicago)
Chang-Tai Hsieh (University of Chicago)
Daniel Xu (Duke University)

Jan 05, 2015 8:00 am, Sheraton Boston, Back Bay Ballroom D
American Economic Association
Technology Adoption (O4)
Presiding: Arthur Diamond (University of Nebraska-Omaha)
Equilibrium Technology Diffusion, Trade, and Growth
Jesse Perla (University of British Columbia)
Christopher Tonetti (Stanford University)
Michael Waugh (New York University)
[View Abstract] [Download Preview]
The Spatial Diffusion of Technology
Diego Comin (Harvard University)
Esteban Rossi-Hansberg (Princeton University)
Mikhail Dmitriev (Boston College)
[View Abstract]
Market Structure, Factor Endowment and Technology Adoption
Yong Wang (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
The Political Economy of Technology Adoption: The Case of Saharan Salt Mining
Jenny Kuan (Stanford University)
Seraphima Rombe-Shulman (American University)
Ekundayo Shittu (George Washington University)
[View Abstract] [Download Preview]
Social Exchanges, Attitudes toward Uncertainty and Technology Adoption by Bangladeshi Farmers: Experimental Evidence
Ahsanuzzaman Ahsanuzzaman (Virginia Tech)
George W. Norton (Virginia Tech)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Westin Copley, Essex North
American Finance Association
Corporate Cash Holdings (G3)
Presiding: Michael Faulkender (University of Maryland)
Can Changes in the Cost of Cash Resolve the Corporate Cash Puzzle?
Jose Azar (Charles River Associates)
Jean-Francois Kagy (Cornerstone Research)
Martin Schmalz (University of Michigan)
[View Abstract] [Download Preview]
Cash Holdings, Competition, and Innovation
Evgeny Lyandres (Boston University)
Berardino Palazzo (Boston University)
[View Abstract] [Download Preview]
The Disclosure and Valuation of Foreign Cash Holdings
Shou Yang (University of British Columbia)
[View Abstract] [Download Preview]
Financial Flexibility and Corporate Cash Policy
Tao Chen (Nanyang Technological University)
Jarrad Harford (University of Washington)
Chen Lin (University of Hong Kong)
[View Abstract] [Download Preview]
Discussants:
Dalida Kadyrzhanova (University of Maryland)
Neng Wang (Columbia University)
David Denis (University of Pittsburgh)
Sergey Chernenko (Ohio State University)

Jan 05, 2015 8:00 am, Westin Copley, America South
American Finance Association
Corporate Finance and Market Feedback (G3)
Presiding: Itay Goldstein (University of Pennsylvania)
Spreading the Fire: Investment and Product Market Effects of Corporate Bond Fire Sales
Hadiye Aslan (Georgia State University)
Praveen Kumar (University of Houston)
[View Abstract]
Financing Decisions of Private and Publicly Traded Firms: Evidence from a Quasi-Natural Experiment
Gordon Phillips (University of Southern California)
Giorgo Sertsios (Universidad de los Andes)
[View Abstract] [Download Preview]
The Effect of Stock Prices on Real Investment in the Vertical Supply Chain
Ryan Williams (University of Arizona)
Steven Chong Xiao (Georgia Institute of Technology)
[View Abstract]
Investment Waves under Cross Learning
Shiyang Huang (London School of Economics)
Yao Zeng (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Andrew Ellul (Indiana University)
Erik Gilje (University of Pennsylvania)
Laurent Fresard (University of Maryland)
Thierry Foucault (HEC Paris)

Jan 05, 2015 8:00 am, Westin Copley, Essex South
American Finance Association
Dumb and Dumber: The Trading Activity of Institutions vs. Retail Investors (G2)
Presiding: Christopher Malloy (Harvard Business School)
Glued to the TV: The Trading Activity of Distracted Investors
Joel Peress (INSEAD)
Daniel Schmidt (HEC Paris)
[View Abstract] [Download Preview]
The Power of Primacy: Alphabetic Bias, Investor Recognition, and Market Outcomes
Heiko Jacobs (University of Mannheim)
Alexander Hillert (University of Mannheim)
[View Abstract] [Download Preview]
Who Are the Sentiment Traders? Evidence from the Cross-Section of Stock Returns and Demand
Luke DeVault (University of Arizona)
Richard Sias (University of Arizona)
Laura Starks (University of Texas-Austin)
[View Abstract] [Download Preview]
Institutional Investors and Stock Return Anomalies
Roger Edelen (University of California-Davis)
Ozgur Ince (Virginia Tech)
Greg Kadlec (Virginia Tech)
[View Abstract]
Discussants:
Joshua Pollet (University of Illinois)
James Choi (Yale University)
Yu Yuan (University of Pennsylvania)
Lu Zheng (University of California-Irvine)

Jan 05, 2015 8:00 am, Westin Copley, America North
American Finance Association
Financial Distress and Corporate Bankruptcy (G3)
Presiding: Kenneth Ayotte (Northwestern University)
Distressed Acquisitions
Jean-Marie Meier (London Business School)
Henri Servaes (London Business School)
[View Abstract] [Download Preview]
Bank Skin in the Game and Loan Contract Design: Evidence from Covenant-Lite Loans
Matthew Billett (Indiana University)
Redouanne Elkamhi (University of Toronto)
Latchezar Popov (University of Virginia)
Raunaq Pungaliya (Sungkyungkwan University)
[View Abstract] [Download Preview]
Corporate Pensions and Financial Distress
Tyong Duan (University of Alberta)
Edie Hotchkiss (Boston College)
Yawen Jiao (University of California-Riverside)
[View Abstract] [Download Preview]
Predation and Rivalry: Evidence from Retail Industry
Bomi Lee (University of Texas-Austin)
[View Abstract]
Discussants:
Karin Thorburn (Norwegian School of Economics)
Martin Oehmke (Columbia University)
Paolo Volpin (City University London)
Francisco Perez-Gonzalez (Stanford University and Instituto Tecnologico Autonomo de Mexico)

Jan 05, 2015 8:00 am, Westin Copley, America Center
American Finance Association
Governance, Compensation and Bank Risk-Taking (G2)
Presiding: Steven Ongena (Tilburg University and University of Zurich)
Risky Lending: Does Bank Corporate Governance Matter?
Olubunmi Faleye (Northeastern University)
Karthik Krishnan (Northeastern University)
[View Abstract] [Download Preview]
Financial Incentives and Loan Officer Behavior
Patrick Behr (Getulio Vargas Foundation)
Alejandro Drexler (Federal Reserve Bank of Chicago)
Reint Gropp (Goethe University Frankfurt)
Andre Guettler (Ulm University)
[View Abstract] [Download Preview]
Seeking Alpha, Taking Risk: Evidence from Non-Executive Pay in United States Bank Holding Companies
Viral Acharya (New York University)
Lubomir Litov (University of Arizona)
Simone Sepe (Toulouse School of Economics)
[View Abstract] [Download Preview]
Do Loan Officers' Incentives Lead to Lax Lending Standards?
Sumit Agarwal (National University of Singapore)
Itzhak Ben-David (Ohio State University)
[View Abstract] [Download Preview]
Discussants:
Renee Adams (University of New South Wales and ECGI)
Fabio Braggion (Tilburg University)
Rüdiger Fahlenbrach (Ecole Polytechnique Federale de Lausanne and Swiss Finance Institute)
Jose Maria Liberti (Northwestern University and Tilburg University)

Jan 05, 2015 8:00 am, Westin Copley, Essex Center
American Finance Association
Topics in Asset Pricing (G1)
Presiding: Robert Hodrick (Columbia University)
Quality Minus Junk
Cliff Asness (AQR Capital)
Andrea Frazzini (AQR Capital)
Lasse Pedersen (Copenhagen Business School)
[View Abstract] [Download Preview]
Stock Market Valuations Across U.S. States
Geert Bekaert (Columbia University)
Campbell R. Harvey (Duke University)
Christian Lundblad (University of North Carolina)
Stephan Siegel (University of Washington)
[View Abstract]
Horizon Effects in Average Returns: The Role of Slow Information Diffusion
Oliver Boguth (Arizona State University)
Murray Carlson (University of British Columbia)
Adlai Fisher (University of British Columbia)
Mikhail Simutin (University of Toronto)
[View Abstract] [Download Preview]
Option-Based Estimation of Co-Skewness and Co-Kurtosis Risk Premia
Kris Jacobs (University of Houston)
Peter Christoffersen (University of Toronto)
Mehdi Karoui (OMERS)
Mathieu Fournier (HEC Montreal)
[View Abstract] [Download Preview]
Discussants:
Jules van Binsbergen (Stanford University)
Ralph Koijen (London Business School)
Zhonjin Lu (University of Georgia)
Xiaoyan Zhang (Purdue University)

Jan 05, 2015 8:00 am, Westin Copley, Staffordshire
American Real Estate & Urban Economic Association
Real Estate and Urban Economics: The Last 50 Years and the Next (R1) (Panel Discussion)
Panel Moderator: Edward Coulson (University of Nevada-Las Vegas)
Edward Glaeser (Harvard University)
James Poterba (Massachusetts Institute of Technology)
Robert Shiller (Yale University)
Susan Wachter (University of Pennsylvania)

Jan 05, 2015 8:00 am, Westin Copley, Great Republic
American Real Estate & Urban Economic Association
REITs (G1, G3)
Presiding: Walter Boudry (Cornell University)
The Profitability Premium in Real Estate Investment Trusts
Ran Lu-Andrews (University of Connecticut)
John Glascock (University of Connecticut)
[View Abstract]
J-REIT Market Quality: Impact of High Frequency Trading and the Financial Crisis
Pawan Jain (Central Michigan University)
Mark Sunderman (University of Memphis)
[View Abstract] [Download Preview]
The Risk Effects of Shifting Tax Regimes: An International Examination of the REIT Effect
Dirk Brounen (Tilburg University)
Ronald Mahieu (Tilburg University)
[View Abstract]
Whose Money is Left on the Table? Evidence from REIT IPOs
Woei-Chyuan Wong (University Utara Malaysia)
Joseph Ooi (National University of Singapore)
[View Abstract]
Discussants:
S. McKay Price (Lehigh University)
Robert Connolly (University of North Carolina)
Tobias Muhlhofer (University of Texas-Austin)
Jarl Kallberg (Washington State University)

Jan 05, 2015 8:00 am, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Human Capital in Four Countries in Asia and Eurasia (J3, P5)
Presiding: Kathryn Anderson (Vanderbilt University)
How Does the Expansion of Higher Education Change the Returns to College Quality? Insights from 60 Years of Russian History
Klara Sabirianova Peter (University of North Carolina)
Olga Belskaya (University of North Carolina)
[View Abstract]
Bride Kidnapping in the Kyrgyz Republic: Models and Estimates of Causes and Consequences
Charles Becker (Duke University)
Bakh Mirkasimov (Humboldt University)
Susan Steiner (Leibnitz Universitat Hannover)
[View Abstract] [Download Preview]
The Institutional Causes of Famine in China, 1959-61
Nancy Qian (Yale University)
Xin Meng (Australian National University)
Pierre Yared (Columbia University)
[View Abstract] [Download Preview]
Gender-Differential Effects of Conflict on Education: The Case of the 1981-1993 Punjab Insurgency
Olga Shemyakina (Georgia Institute of Technology)
Prakarsh Singh (Amherst College)
[View Abstract]
Discussants:
Melanie Khamis (Wesleyan University)
Mieke Meurs (American University)
Steven Nafziger (Williams College)
Sarah Pearlman (Vassar College)

Jan 05, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Examining Social Provisioning through Global Value Chains (O1)
Presiding: Steven Sawyer (Fashion Institute of Technology)
The Implications of Global Value Chains for Development: Unequal Exchange, Middle-Income Traps and Gendered Labor Market Outcomes
Mary Borrowman (New School)
[View Abstract]
Does the Global Value Chain Literature Improve Traditional Development Economics or Are There Ideas to Be Borrowed?
P. Sai-wing Ho (University of Denver)
[View Abstract]
Skill Embodied and 'Value-Added Erosion' in Global Value Chains: An Empirical Approach
Xiao Jiang (Denison University)
Jose Caraballo (University of Puerto Rico)
[View Abstract] [Download Preview]
The China Factor in Vietnam's Value Chain Development: Rent Seeking, Technology Transfer and Social Provisioning
Christine Ngoc Ngo (University of Denver)
[View Abstract]
Financialization and the Value Chains of United States Corporations
Sergio Canavati (University of Missouri-Kansas City)
[View Abstract]
Discussants:
Payam Sharifi (University of Missouri-Kansas City)
Tuna Baskoy (Ryerson University)

Jan 05, 2015 8:00 am, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Policy Options in an Age of Uncertainty (H1, B5)
Presiding: Rajani Kanth (Harvard University)
A New Theory of Unemployment
Ravi Batra (Southern Methodist University)
[View Abstract] [Download Preview]
Policy Implications of Complexity: Toward a Systemic, Process-Based Frame-Setting, Long-Run, and Interactive Policy for a Complex Economy
Wolfram Elsner (University of Bremen)
[View Abstract] [Download Preview]
Rethinking Fundamentals: A Summing Up
Rajani Kanth (Harvard University)
[View Abstract]
Electoral Regimes and Socio-Economic Inequality: Factors Exacerbating the Crisis
Roslyn Fuller (Waterford Institute)
[View Abstract] [Download Preview]
From Free to Civilized Markets: First Steps Towards Eutopia
Jakob Kapeller (Johannes Kepler University-Linz)
Bernhard Schutz (Johannes Kepler University-Linz)
Dennis Tamesberger (Austrian Chamber of Labor)
[View Abstract] [Download Preview]

Jan 05, 2015 8:00 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Regulation and Governance (Q5, H2)
Presiding: Erin Mansur (Dartmouth College)
Strategic Interactions in the Regulatory Environment and Output Market: Implications for General Deterrence
Mary Evans (Claremont McKenna College)
Scott M. Gilpatric (University of Tennessee)
Jay Shimshack (Tulane University)
[View Abstract]
Overlapping Environmental and Financial Regulations: The Role of Corporate Governance
Ben Gilbert (University of Wyoming)
Sridhar Gogineni (University of Wyoming)
Klaas Van 'T Veld (University of Wyoming)
Chenyang Xu (University of Wyoming)
[View Abstract] [Download Preview]
Re-Evaluate the Effectiveness of Voluntary Programs Considering the Information Diffusion Impact
Rong Zhou (University of Connecticut)
Kathleen Segerson (University of Connecticut)
[View Abstract] [Download Preview]
A Model of the Model: Unpacking CGE Results on Leakage from Climate Policy
Don Fullerton (University of Illinois-Urbana‑Champaign)
Kathy Baylis (University of Illinois)
Daniel H. Karney (University of Illinois)
[View Abstract]
Discussants:
Erin Mansur (Dartmouth College)
Karen Fisher-Vanden (Pennsylvania State University)
Anna Alberini (University of Maryland)
Roberton Williams (University of Maryland)

Jan 05, 2015 8:00 am, Sheraton Boston, Beacon D
Econometric Society
Analyzing Market Interactions with Microdata (J2, J3)
Presiding: Judith Chevalier (Yale University)
Speculative Fever: Microevidence for Contagion in the Housing Bubble
Patrick John Bayer (Duke University)
Kyle Mangum (Georgia State University)
James W. Roberts (Duke University)
[View Abstract]
Wage Discrimination when Identity is Subjective: Evidence from Changes in Employer-Reported Race
Christopher Cornwell (University of Georgia)
Ian Schmutte (University of Georgia)
[View Abstract] [Download Preview]
Intra-Plant Wage Responsiveness: Evidence from Brazil
Peter Brummund (University of Alabama)
[View Abstract] [Download Preview]
Subprime Lending and Foreclosure
Fernando V. Ferreira (University of Pennsylvania)
Stephen L. Ross (University of Connecticut)
Yuan Wang (University of Connecticut)
[View Abstract]
Discussants:
Kristopher Gerardi (Federal Reserve Bank of Atlanta)
Christopher Cunningham (Federal Reserve Bank of Atlanta)
Christopher Cornwell (University of Georgia)
Josh Kinsler (University of Rochester)

Jan 05, 2015 8:00 am, Sheraton Boston, Beacon F
Econometric Society
Are All Financial Shocks Alike? The Effects of Credit, Housing and Uncertainty Shocks (E3, E5)
Presiding: Francesco Furlanetto (Norges Bank)
Credit Supply and the Housing Boom
Alejandro Justiniano (Federal Reserve Bank of Chicago)
Giorgio Primiceri (Northwestern University)
Andrea Tambalotti (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Housing Demand during the Boom: The Role of Expectations and Credit Constraints
Tim Landvoigt (University of Texas-Austin)
[View Abstract] [Download Preview]
Identification of Financial Factors in Economic Fluctuations
Francesco Furlanetto (Norges Bank)
Francesco Ravazzolo (Norges Bank)
Samad Sarferaz (ETH Zurich)
[View Abstract] [Download Preview]
The Macroeconomic Impact of Financial and Uncertainty Shocks
Dario Caldara (Federal Reserve Board)
Cristina Fuentes-Albero (Federal Reserve Board)
Simon Gilchrist (Boston University)
Egon Zakrajsek (Federal Reserve Board)
[View Abstract]
Discussants:
Vincenzo Quadrini (University of Southern California)
Andreas Fuster (Federal Reserve Bank of New York)
Zheng Liu (Federal Reserve Bank of San Francisco)
Jonathan Wright (Johns Hopkins University)

Jan 05, 2015 8:00 am, Sheraton Boston, Beacon H
Econometric Society
Asset Pricing under Heterogeneous Beliefs (G1)
Presiding: Suleyman Basak (London Business School)
Value or Growth? Pricing of Idiosyncratic Cash Flow Risk with Heterogeneous Beliefs
Hogyu Jhang (Texas A&M University)
Hwagyun Kim (Texas A&M University)
Michael Gallmeyer (University of Virginia)
[View Abstract] [Download Preview]
Asset Prices and Portfolio Choice with Learning from Experience
Paul Ehling (BI Norwegian Business School)
Alessandro Graniero (London Business School)
Christian Heyerdahl-Larsen (London Business School)
[View Abstract] [Download Preview]
Dynamic Equilibrium with Rare Events and Heterogeneous Epstein-Zin Investors
Georgy Chabakauri (London School of Economics)
[View Abstract]
Dynamic Noisy Rational Expectations Equilibria with Anticipative Information
Jerome Detemple (Boston University)
Marcel Rindisbacher (Boston University)
Thu Truong (Boston University)
[View Abstract] [Download Preview]
Discussants:
Hongjun Yan (Yale University)
Nicolae Garleanu (University of California-Berkeley)
Ilaria Piatti (University of Oxford)
Brett Green (University of California-Berkeley)

Jan 05, 2015 8:00 am, Sheraton Boston, Beacon G
Econometric Society
Theory of Matching Markets (C1)
Presiding: Ramesh Johari (Stanford University)
Stable Matching in Large Economies
Yeon-Koo Che (Columbia University)
Jinwoo Kim (Seoul National University)
Fuhito Kojima (Stanford University)
[View Abstract] [Download Preview]
Efficiency and Stability in Large Matching Markets
Yeon-Koo Che (Columbia University)
Olivier Tercieux (Paris School of Economics)
[View Abstract]
Managing Congestion in Dynamic Matching Markets
Nick Arnosti (Stanford University)
Ramesh Johari (Stanford University)
Yash Kanoria (Columbia University)
[View Abstract] [Download Preview]
Matching with Peers in School Choice
Atila Abdulkadiroglu (Duke University)
[View Abstract]
Discussants:
Parag A. Pathak (Massachusetts Institute of Technology)
Itai Ashlagi (Massachusetts Institute of Technology)
John Joseph Horton (New York University)
Jacob Leshno (Columbia University)

Jan 05, 2015 8:00 am, Sheraton Boston, Beacon E
Econometric Society
Topics in IO theory (C7)
Presiding: Leeat Yariv (California Institute of Technology)
Competitive Screening Under Heterogenous Information
Daniel Garrett (Toulouse School of Economics)
Renato Gomes (Toulouse School of Economics)
Lucas Maestri (Toulouse School of Economics)
[View Abstract] [Download Preview]
A Multi-Unit Dominant Strategy Double Auction
Simon Loertscher (University of Melbourne)
Claudio Mezzetti (University of Melbourne)
[View Abstract]
Dynamic bidding
David McAdams (Duke University)
[View Abstract] [Download Preview]
Robust Mechanism Design and Social Preferences
Felix Bierbrauer (University of Cologne)
Axel Ockenfels (University of Cologne)
Andreas Pollak (University of Cologne)
Desiree Rückert (University of Cologne)
[View Abstract]

Jan 05, 2015 8:00 am, Westin Copley, Helicon
Labor & Employment Relations Association
LERA Papers IV: Stakeholder and Shareholder Voice: Outcomes for Competitiveness, Development, and Social Responsibility (J4)
Presiding: Betty Barrett (Massachusetts Institute of Technology)
The Influence of Employee Unions on Corporate Social Performance
Muhammad Umar Boodoo (University of Toronto)
[View Abstract]
Work Organization and Problem Solving in Stakeholder and Shareholder Environments
Heike Nolte (University of Applied Sciences Emden)
Peter Dorman (Evergreen State College)
[View Abstract]
Discussants:
Betty Barrett (Massachusetts Institute of Technology)
Alan Benson (University of Minnesota)
Jessica Nembhard (City University of New York)

Jan 05, 2015 8:00 am, Westin Copley, North Star
Labor & Employment Relations Association
LERA Papers V: Industry and Occupation Studies of Employment Relations (J1)
Presiding: David Lewin (University of California-Los Angeles)
The Impacts of Unionization and Occupational Regulation Coverage on Employee Compensation in Canada
Tingting Zhang (University of Toronto)
Xiaoyu Huang (University of Toronto)
[View Abstract]
How to Screen Miners' Skills: Recruiting in the Coal Mining in Early Twentieth Century Japan
Mayo Sakai (University of Tokyo)
[View Abstract] [Download Preview]
Unionism and Productivity in West Virginia Coal Mining: A Longer View
William Boal (Drake University)
[View Abstract] [Download Preview]
Occupational and Industrial Mobility among U.S. Truck Drivers: Are Truckers Different from other Blue Collar Workers?
Stephen Burks (University of Minnesota-Morris)
Kristen Monaco (U.S. Bureau of Labor Statistics)
[View Abstract] [Download Preview]
Discussants:
Howard Wial (Brookings Institution)
Peter Orazem (Iowa State University)

Jan 05, 2015 8:00 am, Westin Copley, Defender
Labor & Employment Relations Association
LERA Papers VII: Employment Relations and Organizational Performance (J5)
Presiding: Phanindra V. Wunnava (Middlebury College)
Empirical Evidence on Diversity and Performance in Teams: The Roles of Task Focus, Status and Tenure
Avner Ben-Ner (University of Minnesota)
John-Gabriel Licht (University of Minnesota)
Jin Park (University of Minnesota)
[View Abstract]
Positive Labor Relations as a Key Component of Seaport Competitiveness
Jordan Cowman (University of Texas-Dallas)
Jerald Zellhoefer (AFL-CIO)
[View Abstract] [Download Preview]
Assessing Union Activities and Its Influence on Performance of Unionized Firms in Ghana
Gabriel Dwomoh (Kumasi Polytechnic)
Kofi Kwarteng (Takoradi Polytechnic)
[View Abstract] [Download Preview]
Relational Coordination: Reviewing the Theory and Evidence
Jody Hoffer Gittell (Brandeis University)
Caroline Logan (Brandeis University)
[View Abstract]
Discussants:
Phanindra V. Wunnava (Middlebury College)
Christine Bishop (Brandeis University)

Jan 05, 2015 8:00 am, Boston Marriott Copley, New Hampshire
National Economic Association
Diversity and the Professions (J4)
Presiding: Laura N. Beny (University of Michigan)
Diversity and the Innovation Economy
Lisa D. Cook (Michigan State University)
[View Abstract]
Diversity and Performance of Elite United States Law Firms
Laura N. Beny (University of Michigan)
[View Abstract]
Diversity and Talent at the Top: Lessons from the Boardroom
Kimberly Krawiec (Duke University)
[View Abstract] [Download Preview]
Leadership and the Single Woman Penalty: A Role Expectations Account of Early Career Barriers to Promotion for Female MBAs
Jennifer Merluzzi (Tulane University)
Damon Phillips (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Terry-Ann Craigie (Connecticut College)
Robynn Cox (Spelman College)

Jan 05, 2015 8:00 am, Boston Marriott Copley, Orleans
Union for Radical Political Economics
Marxist Perspectives on the Causes of the Crisis of 2008 (P1)
Presiding: Fred Moseley (Mount Holyoke College)
The Global Financial Crisis of 2008: How Fundamental and How Systemic?
John Weeks (SOAS)
[View Abstract] [Download Preview]
The Incubator of the Great Meltdown of 2008: the Structure and Practices of U.S. Neoliberalism as Attacks on Labor
Al Campbell (University of Utah)
[View Abstract]
Accumulation and the Current Economic Crisis in the United States
Erdogan Bakir (Bucknell University)
[View Abstract]
Roots of the Current Economic Crisis
David Kotz (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Is There a Marxist Interpretation of the Current Crisis?
Gerard Dumenil (University of Paris-10)
[View Abstract]
Discussants:
Fred Moseley (Mount Holyoke College)
Amitava Dutt (University of Notre Dame)

Jan 05, 2015 8:00 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics
The Role of Class in Historical Analysis (N3)
Presiding: Ann Davis (Marist College)
Emergence of the Bourgeoisie in Late Nineteenth Century New York
Sven Beckert (Harvard University)
[View Abstract]
Home Ownership as Welfare Policy
Herman Schwartz (University of Virginia)
[View Abstract] [Download Preview]
On the Peculiarity of Class Reproduction in the Society of Exchange and the Popular Subject of Rising Inequality in the United States
Maria N. Ivanova (Goldsmiths, University of London)
[View Abstract] [Download Preview]
Opening the Lens to Alternative Forms of Class Consciousness
James Livingston (Rutgers University)
[View Abstract] [Download Preview]
Discussants:
Joseph J. Persky (University of Illinois-Chicago)
John F. Henry (University of Missouri-Kansas City)

Jan 05, 2015 10:15 am, Sheraton Boston, Independence Ballroom West
American Economic Association
Advances in Empirical Climate Economics (Q5, O4)
Presiding: Solomon Hsiang (University of California-Berkeley)
Adapting to Climate Change: The Remarkable Decline in the United States Temperature-Mortality Relationship over the 20th Century
Alan Barreca (Tulane University)
Karen Clay (Carnegie Mellon University)
Olivier Deschenes (University of California-Santa Barbara)
Michael Greenstone (University of Chicago)
Joseph S. Shapiro (Yale University)
[View Abstract]
The Causal Effects of Environmental Catastrophe on Economic Growth
Solomon Hsiang (University of California-Berkeley)
Amir Jina (Columbia University)
[View Abstract]
Economic Impacts under Spatially Correlated Climate Shocks
Solomon Hsiang (University of California-Berkeley)
Kyle Meng (University of California-Santa Barbara)
[View Abstract]
Federal Crop Insurance and the Disincentives to Adapt to Extreme Heat
Francis Annan (Columbia University)
Wolfram Schlenker (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Joshua Graff Zivin (University of California-San Diego)
Melissa Dell (Harvard University)
Benjamin A. Olken (Massachusetts Institute of Technology)
Marshall Burke (University of California-Berkeley)

Jan 05, 2015 10:15 am, Sheraton Boston, Constitution Ballroom A
American Economic Association
Adverse Selection and Risk Adjustment (I1, D8)
Presiding: Mark Duggan (Stanford University and NBER)
How Risky is Risk Adjustment? A Method for Estimating the Welfare Losses from Imperfect Risk Adjustment
Amitabh Chandra (Harvard University and NBER)
Benjamin Handel (University of California-Berkeley and NBER)
Jonathan Kolstad (University of Pennsylvania and NBER)
[View Abstract]
Beyond Statistics: The Economic Content of Risk Scores
Liran Einav (Stanford University and NBER)
Amy Finkelstein (Massachusetts Institute of Technology and NBER)
Raymond Kluender (Massachusetts Institute of Technology)
Paul Schrimpf (University of British Columbia)
[View Abstract] [Download Preview]
Upcoding or Selection? Evidence from Medicare on Squishy Risk Adjustment
Michael Geruso (University of Texas-Austin)
Timothy Layton (Boston University)
[View Abstract] [Download Preview]
Risk Adjustment of Health Plan Payments to Correct Inefficient Plan Choice from Adverse Selection
Jacob Glazer (University of Warwick and Tel Aviv University)
Thomas McGuire (Harvard University)
Julie Shi (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Randall Ellis (Boston University)
Amanda Kowalski (Yale University)
Keith Marzilli Ericson (Boston University)

Jan 05, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Aggregate Demand Externalities (E6, E2)
Presiding: Olivier Blanchard (International Monetary Fund)
Pseudo-wealth Fluctuations and Aggregate Demand Effects
Martin Guzman (Columbia University)
Joseph E. Stiglitz (Columbia University)
[View Abstract]
Liquidity Trap and Excessive Leverage
Anton Korinek (Johns Hopkins University)
Alp Simsek (Massachusetts Institute of Technology)
[View Abstract]
A Theory of Macroprudential Policies in the Presence of Nominal Rigidities
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
John Geanakoplos (Yale University)
Gauti Eggertsson (Brown University)
Guido Lorenzoni (Northwestern University)

Jan 05, 2015 10:15 am, Sheraton Boston, Independence Ballroom East
American Economic Association
Cross-Border Banking and Capital Flows (F3)
Presiding: Daniel Riera-Crichton (Bates College)
Banking across Borders with Heterogeneous Banks
Friederike Niepmann (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
International Trade, Risk and the Role of Banks
Friederike Niepmann (Federal Reserve Bank of New York)
Tim Schmidt-Eisenlohr (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Currency Union with and without Banking Union
Vincent Bignon (Bank of France)
Regis Breton (Bank of France)
Mariana Rojas-Breu (University of Paris-Dauphine)
[View Abstract] [Download Preview]
Why Does Capital Flow from Poor to Rich Countries?
Michael Joffe (Imperial College London)
[View Abstract] [Download Preview]
Feeling the Blues. Moral Hazard and Debt Dilution in Eurobonds before 1914
Rui Pedro Esteves (University of Oxford)
Ali Coskun Tuncer (University College London)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Sheraton Boston, Constitution Ballroom B
American Economic Association
Economic Growth, Technological Change and Income Inequality (O3)
Presiding: Philippe Aghion (Harvard University)
How the Machines Replace Labor?
Daron Acemoglu (Massachusetts Institute of Technology)
[View Abstract]
The Rise of the Machines: Automation, Horizontal Innovation and Income Inequality
David Hemous (INSEAD)
Morten Olsen (IESE Business Schoo)
[View Abstract] [Download Preview]
Labor Shares and Inequality
Jonathan Adams (University of Chicago)
Loukas Karabarbounis (University of Chicago)
Brent Neiman (University of Chicago)
[View Abstract]
Skill-Biased Structural Change and the Skill-Premium
Francisco J. Buera (University of California-Los Angeles)
Joseph P. Kaboski (University of Notre Dame)
Richard Rogerson (Princeton University)
[View Abstract] [Download Preview]
Discussants:
Charles I. Jones (Stanford University)
Ufuk Akcigit (University of Pennsylvania)
Eduardo Morales (Princeton University)
David Dorn (CEMFI)

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 202
American Economic Association
Empirical Studies of Bargaining with Incomplete Information (C5, C7)
Presiding: Bradley Larsen (Stanford University )
Bargaining with Asymmetric Information: An Empirical Study of Plea Negotiations
Bernardo Silveira (Washington University-St. Louis)
[View Abstract] [Download Preview]
The Efficiency of Real-World Bargaining: Evidence from Wholesale Used-Auto Auctions
Bradley Larsen (Stanford University )
[View Abstract] [Download Preview]
Conspicuous Precision as Signaling in an Online Bargaining Market
Matt Backus (Cornell University and eBay Research Labs)
Thomas Blake (eBay Research Labs)
Steven Tadelis (University of California-Berkeley and eBay Research Labs)
[View Abstract]
Pirates of the Mediterranean: An Empirical Investigation of Bargaining with Transaction Costs
Attila Ambrus (Duke University)
Eric Chaney (Harvard University)
Igor Salitskiy (Stanford University)
[View Abstract] [Download Preview]
Discussants:
Yasutora Watanabe (Northwestern University)
Matthew Gentry (London School of Economics)
Daniel Keniston (Yale University)
Robin S. Lee (Harvard University)

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 204
American Economic Association
Environmental Economics (Q1)
Presiding: Katharine Sims (Amherst College)
Futures Market’s Role within Incentive Based Environmental Policy to Mitigate Permit Price Uncertainty
Daniel Arthur Lewis (Arizona State University)
V. Kerry Smith (Arizona State University)
[View Abstract]
Can Banking CO2 Allowances Ensure Inter-Temporal Efficiency?
Anne Schopp (DIW Berlin)
Karsten Neuhoff (DIW Berlin)
[View Abstract] [Download Preview]
Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach using the Shale Revolution
Joseph Cullen (Washington University-St. Louis)
Erin Mansur (Dartmouth College)
[View Abstract] [Download Preview]
Dash for Gas: The Sequel
Christopher Knittel (Massachusetts Institute of Technology)
Konstantinos Metaxoglou (Carleton University)
Andre Trindade (Getulio Vargas Foundation (FGV/EPGE))
[View Abstract] [Download Preview]
Environmental Regulation and Industrial Performance: Evidence from China
Shinsuke Tanaka (Tufts University)
Gary Jefferson (Brandeis University)
Wesley Yin (University of California-Los Angeles)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom B
American Economic Association
History and the City (R1)
Presiding: Dora Costa (University of California-Los Angeles)
History and the sizes of cities
Jeffrey Lin (Federal Reserve Bank of Philadelphia)
Hoyt Bleakley (University of Chicago and NBER)
[View Abstract] [Download Preview]
Death and the Media: Asymmetries in Typhoid Reporting During the Health Transition
Dora Costa (University of California-Los Angeles)
Matthew Kahn (University of California-Los Angeles)
[View Abstract] [Download Preview]
Killer Cities: Past and Present
Walker Hanlon (University of California-Los Angeles)
[View Abstract] [Download Preview]
Discussants:
Rebecca Diamond (Stanford University)
Richard Hornbeck (Harvard University)
Edward Glaeser (Harvard University)

Jan 05, 2015 10:15 am, Sheraton Boston, Liberty B
American Economic Association
Housing (R3)
Presiding: Jeffrey E. Zabel (Tufts University)
Distant Event, Local Effects? Fukushima and the German Housing Market
Michael Kvasnicka (Otto von Guericke University Magdeburg)
Thomas K. Bauer (Rheinisch-Westfalisches Institute)
Sebastian Braun (Kiel Institute for the World Economy)
[View Abstract] [Download Preview]
The Effect of Underwater Mortgages on Unemployment
Katie Schultz (College of William and Mary)
Kevin J. Mumford (Purdue University)
[View Abstract]
Housing Price Shocks, Leverage, and Mobility
Manish Gupta (University of Zurich)
[View Abstract] [Download Preview]
Do Land Use Regulations Stifle Residential Development? Evidence from California Cities
Kristoffer Jackson (University of California-Irvine)
[View Abstract] [Download Preview]
Reverse Mortgages: What Homeowners (Don't) Know and How it Matters
Thomas Davidoff (University of British Columbia)
Patrick Gerhard (Maastricht University)
Thomas Post (Maastricht University)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 209
American Economic Association
Incentives to Work (J3)
Presiding: Isaac Swensen (Montana State University)
Providing Efficient Incentives to Work: Retirement Ages and the Pension System
Maxim Troshkin (Cornell University)
[View Abstract]
The Performance Pay Premium: How Big Is It and Does It Affect Wage Dispersion?
Alex Bryson (National Institute of Economic and Social Research)
John Forth (National Institute of Economic and Social Research)
Lucy Stokes (National Institute of Economic and Social Research)
[View Abstract] [Download Preview]
Reinvestigating How Welfare Reform Influences Labour Supply. A Multiple Testing Approach
Steven F. Lehrer (Queen's University)
Vincent Pohl (Queen's University)
Kyungchul Song (University of British Columbia)
[View Abstract] [Download Preview]
Performance Standards and Employee Effort: Evidence from Teacher Absences
Seth Gershenson (American University)
[View Abstract] [Download Preview]
Automatic Enrollment, Escalation, and Retirement Savings
Kenton Hoyem (Financial Engines, Inc.)
Wei-Yin Hu (Financial Engines, Inc.)
Enrichetta Ravina (Columbia University)
Geert Bekaert (Columbia University)
[View Abstract]

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 201
American Economic Association
Index Insurance in Developing Economies (O1, O3)
Presiding: Friederike Lenel (DIW Berlin)
Index Insurance Payouts and Disaster Recovery: Evidence from Mongolia
Veronika K. Bertram-Huemmer (DIW Berlin)
Kati Kraehnert (DIW Berlin)
[View Abstract]
A Heterogenous Agent Model of Credit-Linked Index Insurance and Farm Technology Adoption
Mario J. Miranda (Ohio State University)
Katie Farrin (Ohio State University)
[View Abstract] [Download Preview]
Social Networks, Financial Literacy and Index-Insurance
Muthoni Ngatia (Tufts University)
Xavier Gine (World Bank)
Dean Karlan (Yale University)
[View Abstract]
The Effect of Index and Indemnity Insurance on Sharing Behavior in Informal Risk-Sharing Groups
Karlijn Morsink (University of Oxford)
[View Abstract]
Discussants:
Ahmed Mushfiq Mobarak (Yale University)
Karlijn Morsink (University of Oxford)
Muthoni Ngatia (Tufts University)
Mario J. Miranda (Ohio State University)

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 203
American Economic Association
Industrial Organization of Health Care (L1, I1)
Presiding: Martin Gaynor (Federal Trade Commission)
How Physician Acquisitions by Hospital Systems Affect Health Outcomes and Total Costs for Medicare Recipients
Thomas G. Koch (Federal Trade Commission)
Brett Wendling (Federal Trade Commission)
Nathan Wilson (Federal Trade Commission)
[View Abstract]
Price Effects of Hospital Mergers When the Hospitals are in Different Markets
Leemore Dafny (Northwestern University)
Katherine E. Ho (Columbia University)
Robin S. Lee (Harvard University)
[View Abstract]
Hospital Systems and Bargaining Power: Evidence from Out-of-Market Acquisitions
Matthew Lewis (Clemson University)
Kevin Pflum (University of Alabama)
[View Abstract] [Download Preview]
Industrial Reorganization: Learning about Substitution Patterns from Natural Experiments
Devesh Raval (Federal Trade Commission)
Ted Rosenbaum (Federal Trade Commission)
Nathan Wilson (Federal Trade Commission)
[View Abstract]
Discussants:
Tim Bresnahan (Stanford University)
Gautam Gowrisankaran (University of Arizona)
Aviv Nevo (U.S. Department of Justice)
Nathan Miller (Georgetown University)

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 206
American Economic Association
Information Frictions in International Trade (F1, E1)
Presiding: Laura Veldkamp (New York University)
Information Frictions and the Law of One Price: When the States and the Kingdom Became United
Claudia Steinwender (London School of Economics)
[View Abstract] [Download Preview]
Information Globalization, Risk Sharing, and International Trade
Isaac Baley (New York University)
Laura Veldkamp (New York University)
Michael Waugh (New York University)
[View Abstract] [Download Preview]
Inattentive Importers
Kunal Dasgupta (University of Toronto)
Jordi Mondria (University of Toronto)
[View Abstract]
Discussants:
Treb Allen (Northwestern University)
Jaromir Nosal (Columbia University)
Thomas Chaney (Toulouse School of Economics)

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 208
American Economic Association
Insurance and Behavioral Economics: Policy Implications (D1, G2)
Presiding: Howard Kunreuther (University of Pennsylvania)
Procrastination, Present-Biased Preferences, and Financial Behaviors
Jeffrey R. Brown (University of Illinois-Urbana-Champaign and NBER)
Alessandro Previtero (University of Western Ontario)
[View Abstract] [Download Preview]
Experiments on the Role of Emotions in Insurance Decision Making: Implications for Behavioral Welfare Economics
Howard Kunreuther (University of Pennsylvania)
Mark Pauly (University of Pennsylvania)
[View Abstract] [Download Preview]
Deterrents to Insurance Purchases: Distrust and Zero Aversion
Richard J. Zeckhauser (Harvard University)
Alexandra de Filippo (Harvard University)
Jiyoung Han (Harvard University)
Claudia Newman-Martin (Harvard University)
Timothy Cheston (Harvard University)
[View Abstract] [Download Preview]
Discussants:
David Laibson (Harvard University)
Robert Shiller (Yale University)
Maureen Cropper (University of Maryland)

Jan 05, 2015 10:15 am, Sheraton Boston, Liberty A
American Economic Association
Loss and Debt Aversion (G1)
Presiding: Homa Zarghamee (Barnard College)
Expectations-Based Reference-Dependent Life-Cycle Consumption
Michaela Pagel (Columbia University)
[View Abstract] [Download Preview]
Long-Run Risk is the Worst-Case Scenario
Rhys Bidder (Federal Reserve Bank of San Francisco)
Ian Dew-Becker (Northwestern University)
[View Abstract] [Download Preview]
Financial Loss Aversion Illusion
Christoph Merkle (University of Mannheim)
[View Abstract] [Download Preview]
Loss Averse Preferences, Performance, and Career Success of Institutional Investors
Andriy Bodnaruk (Notre Dame University)
Andrei Simonov (Michigan State University)
[View Abstract] [Download Preview]
Intertemporal Consumption and Debt Aversion: An Experimental Study
Thomas Meissner (Technische Universität Berlin)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Hynes Convention Center, Room 207
American Economic Association
Macroeconomics with Rich Microdata: Implications for Policy (E2, O1)
Presiding: John Haltiwanger (University of Maryland)
How Destructive is Innovation
Daniel Garcia-Macia (Stanford University)
Chang-Tai Hsieh (University of Chicago)
Peter Klenow (Stanford University)
[View Abstract] [Download Preview]
High Growth Young Firms and United States Job and Productivity Growth
John Haltiwanger (University of Maryland)
Ron Jarmin (U.S. Census Bureau)
Robert Kulick (University of Maryland)
Javier Miranda (U.S. Census Bureau)
[View Abstract]
Management as a Technology
Nicholas Bloom (Stanford University)
Raffaella Sadun (Harvard Business School)
John Van Reenen (London School of Economics)
[View Abstract] [Download Preview]
Manufacturing Decline, Housing Booms, and Non-Employment
Kerwin Charles (University of Chicago)
Erik Hurst (University of Chicago)
Matthew Notowidigdo (University of Chicago)
[View Abstract]

Jan 05, 2015 10:15 am, Sheraton Boston, The Fens
American Economic Association
Non-Financial, Extrinsic Motivation and Employee Job Performance (D2, J2)
Presiding: Susanne Neckermann (Erasmus University Rotterdam)
Inducing Norms in Laboratory Allocation Choices
Gary Charness (University of California-Santa Barbara)
Arthur Schram (University of Amsterdam)
[View Abstract] [Download Preview]
The Motivational Benefits of 'Gameable' Incentive Systems: Evidence from a Field Experiment
Ian Larkin (University of California-Los Angeles)
[View Abstract]
Knowing that You Matter, Matters! The Interplay of Meaning, Monetary Incentives, and Worker Recognition
Susanne Neckermann (Erasmus University Rotterdam)
Michael Kosfeld (Goethe University Frankfurt)
[View Abstract] [Download Preview]
Reference-Dependent Preferences: Evidence from Marathon Runners
Devin Pope (University of Chicago)
Patricia Dechow (University of California-Berkeley)
Eric Allen (University of Southern California)
George Wu (University of Chicago)
[View Abstract]
Discussants:
Iwan Barankay (University of Pennsylvania)
Robert Gibbons (Massachusetts Institute of Technology)
Nicola Lacetera (University of Toronto)
Roberto Weber (University of Zurich)

Jan 05, 2015 10:15 am, Sheraton Boston, Public Garden
American Economic Association
Perspectives on Inequality and Mobility of Income and Wealth (D3, H2)
Presiding: David Johnson (U.S. Bureau of Economic Analysis)
Measuring Income Mobility of Children and Their Parents over 25 Years
Gerald Auten (U.S. Treasury Department)
Geoffrey Gee (U.S. Treasury Department)
Nicholas Turner (U.S. Treasury Department)
[View Abstract]
The Association between Children's Earnings and Fathers' Lifetime Earnings: Estimates Using Administrative Data
Thomas DeLeire (Georgetown University)
Molly Dahl (Congressional Budget Office)
[View Abstract]
The Sensitivity of Top Income Levels and Trends in Tax Return Data to Alternative Measures of Income
Philip Armour (Cornell University)
Richard V. Burkhauser (Cornell University and University of Melbourne)
Jeff Larrimore (Federal Reserve Board)
[View Abstract]
Exploring Racial Wealth Gaps Using the Survey of Consumer Finances
Jeffrey Thompson (Federal Reserve Board)
Gustavo Suarez (Federal Reserve Board)
[View Abstract]
Discussants:
Thomas Hungerford (Economic Policy Institute)
Michael Strain (American Enterprise Institute)

Jan 05, 2015 10:15 am, Sheraton Boston, Commonwealth
American Economic Association
Promoting New Norms for Transparency and Integrity in Economic Research (C9, B4)
Presiding: Edward Miguel (University of California-Berkeley)
Scientific Utopia: Improving Openness and Reproducibility in Scientific Research
Brian Nosek (University of Virginia)
[View Abstract]
Replicability of Empirical Research: Classroom Instruction and Professional Practice
Richard Ball (Haverford College)
Norm Medeiros (Haverford College)
[View Abstract]
Bias and Research Method: Evidence from 600 Studies
Eva Vivalt (New York University)
[View Abstract]
Discussants:
Aprajit Mahajan (University of California-Los Angeles)
Justin Wolfers (University of Michigan)
Katherine Casey (Stanford University)

Jan 05, 2015 10:15 am, Sheraton Boston, Back Bay Ballroom D
American Economic Association
Recent Advances in Welfare Economics (H3)
Presiding: Nathaniel Hendren (Harvard University)
Revealed Redistributive Preferences of Dutch Political Parties
Floris Zoutman (Norwegian School of Economics)
Bas Jacobs (Erasmus University Rotterdam)
Egbert L.W. Jongen (CPB Netherlands Bureau for Economic Policy Analysis)
[View Abstract] [Download Preview]
A Theory of Income Taxation under Multidimensional Skill Heterogeneity
Florian Scheuer (Stanford University)
Casey Rothschild (Wellesley College)
[View Abstract] [Download Preview]
The Evolution of Revealed Social Preferences in the United States and the Costs of Unequal Growth and Recessions
Matthew Weinzierl (Harvard University and NBER)
Benjamin B. Lockwood (Harvard University)
[View Abstract] [Download Preview]
The Inequality Deflator: Interpersonal Comparisons without a Social Welfare Function
Nathaniel Hendren (Harvard University)
[View Abstract] [Download Preview]
Discussants:
E. Glen Weyl (Microsoft Research New England)
Louis Kaplow (Harvard University)
Stefanie Stantcheva (Massachusetts Institute of Technology)
Casey Rothschild (Wellesley College)

Jan 05, 2015 10:15 am, Westin Copley, Essex North
American Finance Association
Asset Allocation Strategies (G1)
Presiding: Luis Viceira (Harvard Business School)
License to Spend: Consumption-Income Sensitivity and Portfolio Choice
Jawad Addoum (University of Miami)
Stefanos Delikouras (University of Miami)
George Korniotis (University of Miami)
[View Abstract] [Download Preview]
Strategic Asset Allocation with Predictable Returns and Transaction Costs
Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
Kent Daniel (Columbia University)
Ciamac Maoallemi (Columbia University)
Mehmet Saglam (University of Cincinnati)
[View Abstract] [Download Preview]
Portfolio Choice with Capital Gain Taxation and the Limited Use of Losses
Paul Ehling (BI Norwegian Business School)
Michael Gallmeyer (University of Virginia)
Sanjay Srivastava (OS Financial Trading Systems)
Stathis Tompaidis (University of Texas-Austin)
Chunyu Yang (BI Norwegian Business School)
[View Abstract] [Download Preview]
Tax Efficient Asset Management: Evidence from Equity Mutual Funds
Clemens Sialm (University of Texas-Austin)
Hanjiang Zhang (Nanyang Technological University)
[View Abstract] [Download Preview]
Discussants:
Francisco J. Gomes (London Business School)
Michael W. Brandt (Duke University)
Harold Zhang (University of Texas-Dallas)
Daniel Bergstresser (Brandeis University)

Jan 05, 2015 10:15 am, Westin Copley, America North
American Finance Association
CEOs (G3)
Presiding: Michael Weisbach (Ohio State University)
Learning through a Smokescreen: Earnings Management and CEO Compensation over Tenure
Andrew Ellul (Indiana University)
[View Abstract] [Download Preview]
A Structural Estimation of the Cost of Suboptimal Matching in the CEO Labor Market
Jordan Nickerson (Boston College)
[View Abstract] [Download Preview]
Are They Different? CEOs Made in CEO Factories
Ye Cai (Santa Clara University)
Merig Sevilir (Indiana University)
Jun Yang (Indiana University)
[View Abstract]
CEO Compensation and Real Estate Prices: Are CEOs Paid for Luck?
Benjamin Bennett (Arizona State University)
Claudia Custodio (Arizona State University)
Dragana Cvijanovic (University of North Carolina)
[View Abstract]
Discussants:
Yihui Pan (University of Utah)
Luke Taylor (University of Pennsylvania)
Itzhak Ben-David (Ohio State University)
Miriam Schwartz-Ziv (Michigan State University)

Jan 05, 2015 10:15 am, Westin Copley, America South
American Finance Association
Financial Crises and Banking Regulation (G2)
Presiding: Chester Spatt (Carnegie Mellon University)
A Mechanism for LIBOR
Brian Coulter (University of Oxford)
Joel Shapiro (University of Oxford)
[View Abstract] [Download Preview]
The Shadow Cost of Bank Capital Requirements
Roni Kisin (Washington University-St. Louis)
Asaf Manela (Washington University-St. Louis)
[View Abstract] [Download Preview]
Banks as Patient Fixed Income Investors
Samuel Hanson (Harvard Business School)
Andrei Shleifer (Harvard University)
Jeremy Stein (Harvard University)
Robert W. Vishny (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Francesco Sangiorgi (Stockholm School of Economics)
Christa Bouwman (Texas A & M University)
Albert S. Kyle (University of Maryland)

Jan 05, 2015 10:15 am, Westin Copley, America Center
American Finance Association
Horizontal and Diversifying Mergers and Acquisitions (G3)
Presiding: Gordon Phillips (University of Southern California)
The Role of Divestures in Horizontal Mergers: Evidence from Product and Stock Markets
Amrita Nain (University of Iowa)
Yiming Qian (University of Iowa)
[View Abstract]
Buyer Power in Conglomerate Acquisitions
Daniel Greene (Clemson University)
Omesh Kini (Georgia State University)
Jaideep Shenoy (Tulane University)
[View Abstract] [Download Preview]
Fire Sale Acquisitions and Intra-Industry Contagion
Seungjoon Oh (Peking University)
[View Abstract] [Download Preview]
Do Diversified or Focused Firms Make Better Acquirers?
Mehmet Cihan (Tulane University)
Sheri Tice (Tulane University)
[View Abstract] [Download Preview]
Discussants:
Jayant Kale (Georgia State University)
Giorgo Sertsios (Universidad de los Andes)
Daniel Carvalho (University of Southern California)
Vojislav Maksimovic (University of Maryland)

Jan 05, 2015 10:15 am, Westin Copley, Essex South
American Finance Association
International Finance (G1)
Presiding: Anna Pavlova (London Business School)
International Liquidity and Exchange Rate Dynamics
Xavier Gabaix (New York University)
Matteo Maggiori (Harvard University)
[View Abstract] [Download Preview]
BKK the EZ Way. International Long-Run Growth News and Capital Flows.
Riccardo Colacito (University of North Carolina)
Mariano Massimiliano Croce (University of North Carolina)
Steven Ho (University of North Carolina)
Philip Howard (University of North Carolina)
[View Abstract] [Download Preview]
How Important are Foreign Ownership Linkages for International Stock Returns?
Sohnke Bartram (University of Warwick)
John Griffin (University of Texas)
Tae-Hoon Lim (Korea Institute of International Economic Policy)
David Ng (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Stavros Panageas (University of Chicago)
Christian Heyerdahl-Larsen (London Business School)
Robin Greenwood (Harvard Business School)

Jan 05, 2015 10:15 am, Westin Copley, Essex Center
American Finance Association
Trading Activity (G1)
Presiding: Christine Parlour (University of California-Berkeley)
Disclosure, Learning and Coordination
Henry Cao (Cheung Kong Graduate School of Business)
Yuan Ma ()
Dongyan Ye (Cheung Kong Graduate School of Business)
[View Abstract] [Download Preview]
Information Processing and Non-Bayesian Learning in Financial Markets
Stefanie Schraeder (Universite de Lausanne and Swiss Finance Institute)
[View Abstract]
The Beauty Contest and Short-Term Trading
Giovanni Cespa (Cass Business School)
Xavier Vives (IESE Business School)
[View Abstract] [Download Preview]
Prices and Volatilities in the Corporate Bond Market
Jack Bao (Federal Reserve Board)
Jia Chen (Peking University)
Kewei Hou (Ohio State University)
Lei Lu (Peking University)
[View Abstract] [Download Preview]
Discussants:
Ioanid Rosu (HEC Paris)
Victoria Vanasco (Stanford University)
Snehal Banerjee (Northwestern University)

Jan 05, 2015 10:15 am, Westin Copley, Defender
American Real Estate & Urban Economic Association
Density (R1, R4)
Presiding: Gerald Carlino (Federal Reserve Bank of Philadelphia)
Monocentric City Redux
Jordan Rappaport (Federal Reserve Bank of Kansas City)
[View Abstract] [Download Preview]
Measuring Agglomeration: Which Estimator Should We Use?
Erik Johnson (Quinnipiac University)
Stephen Billings (University of North Carolina-Charlotte)
[View Abstract]
Reconsidering the Impact of Access to Transit on Local Land Markets
Christian Redfearn (University of Southern California)
[View Abstract]
Valuing the Consumption Benefits of Urban Density
Victor Couture (University of California-Berkeley)
[View Abstract]
Discussants:
Alex Anas (State University of New York-Buffalo State)
Olivier Parent (University of Cincinnati)
Nathaniel Baum-Snow (Brown University)
Sanghoon Lee (University of British Columbia)

Jan 05, 2015 10:15 am, Westin Copley, Empire
American Real Estate & Urban Economic Association
Housing and Macroeconomic Shocks (E5, R3)
Presiding: Andrew Haughwout (Federal Reserve Bank of New York)
Ratchet Price Mechanism under Currency Changeover: A Natural Housing Market Experiment
Danny Ben-Shahar (Tel Aviv University )
Roni Golan (Technion-Israel Institute of Technology)
[View Abstract] [Download Preview]
House Prices and Economic Conditions: Location, Location, Location
Shane Sherlund (Federal Reserve Board)
Moshe Buchinsky (University of California-Los Angeles)
Xue (Jennifer) Hu (University of California-Los Angeles)
[View Abstract] [Download Preview]
Collateral Damage: How Mortgage Loans Decrease U.S. Savings
Abdullah Yavas (University of Wisconsin)
Cengiz Tunc (Central Bank of the Republic of Turkey)
[View Abstract] [Download Preview]
Discussants:
Andrea Tambalotti (Federal Reserve Bank of New York)
Andreas Fuster (Federal Reserve Bank of New York)
Jessie Handbury (University of Pennsylvania)

Jan 05, 2015 10:15 am, Westin Copley, Great Republic
American Real Estate & Urban Economic Association
The Consequences of the GSEs (G2, G1)
Presiding: Richard Buttimer (University of North Carolina-Charlotte)
The Effect of Large Investors on Asset Quality: Evidence from Subprime Mortgage Securities
Manuel Adelino (Duke University)
Kristopher Gerardi (Federal Reserve Bank of Atlanta)
Scott Frame (Federal Reserve Bank of Atlanta)
[View Abstract]
Macroprudential Mortgage Securitization: Can it Work?
S. Wayne Passmore (Federal Reserve Board)
Diana Hancock (Federal Reserve Board)
[View Abstract] [Download Preview]
Mortgage Underwriting Standards in the Wake of Quantitative Easing
Barney Hartman-Glaser (University of California-Los Angeles)
Richard Stanton (University of California-Berkeley)
Nancy Wallace (University of California-Berkeley)
[View Abstract] [Download Preview]
The Effect of Credit Availability on House Prices: Evidence from the Economic Stimulus Act of 2008
Edward Kung (University of California-Los Angeles)
[View Abstract] [Download Preview]
Discussants:
Vincent W. Yao (Fannie Mae)
Philip Seagraves (University of Wisconsin-Whitewater)
Carlos Slawson (Louisiana State University)
Craig Depken (University of North Carolina-Charlotte)

Jan 05, 2015 10:15 am, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Financial and Economic Stability in the European Union (G2, F3)
Presiding: Lucjan T. Orlowski (Sacred Heart University)
The Eurozone Crisis and European Financial Markets
Walter Matthias Kirsten (City University London)
Ali M. Kutan (Southern Illinois University-Edwardsville)
Yaz Gulnur Muradoglu (Queen Mary University of London)
[View Abstract]
The Financial Crisis and Bank Convergence: Evidence from the European Union and Eurozone
Roman Matousek (University of Kent)
Hidemichi Fujii (Nagasaki University)
Shunsuke Managi (Tohoku University)
Aarti Rughoo (University of Hertfordshire)
[View Abstract] [Download Preview]
Banking and Sovereign Risk in New EU Economies
Evzen Kočenda (Charles University)
Lucjan T. Orlowski (Sacred Heart University)
[View Abstract]
De-Fragmenting Euro Area Financial Markets: Monetary Policy versus New Political Economy?
Alain Durré (European Central Bank and Lille Catholic University)
Angela Maddaloni (European Central Bank)
Francesco Paolo Mongelli (European Central Bank)
[View Abstract]
Discussants:
David M. Kemme (University of Memphis)
Krzysztof Jajuga (Wroclaw University of Economics)
Gian Cesare Romagnoli (University of Rome III)

Jan 05, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics
Income Inequality and Social Provisioning (D6)
Presiding: Bruce E. Kaufman (Georgia State University)
Inequality as Instituted Process: The Case of Natural Resource Wealth
Christopher Brown (Arkansas State University)
[View Abstract]
The Provisioning of Inequality
William Redmond (Indiana State University)
[View Abstract] [Download Preview]
Social Provisioning and Social Unbalances on Capitalist Development
Carlos Aguiar de Medeiros (Federal University of Rio de Janeiro)
[View Abstract] [Download Preview]
Towards a More Equitable Social Provisioning Process in South Africa
Geoff Schneider (Bucknell University)
Berhanu Nega (Bucknell University)
[View Abstract]
Discussants:
Robert H. Scott III (Monmouth University)
Anna Zachorowska-Mazurkiewicz (Jagiellonian University)

Jan 05, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Social Economics
Ethics, Global Finance and the Great Recession (E3, I3)
Presiding: Steven Pressman (Monmouth University)
Social Stratification in the United States: Causes and Consequences of the Global Crisis
Philip Arestis (University of Cambridge)
Aurelie Charles (University of Bath)
Giuseppe Fontana (University of Leeds)
[View Abstract]
Distributional Costs of the Housing-Price Bust
Cynthia Bansak (St. Lawrence University)
Martha Starr (American University)
[View Abstract] [Download Preview]
Harming Irreparably: Economists, Trade Liberalization, and the Matter of “Econogenic Harm”
George DeMartino (University of Denver)
[View Abstract] [Download Preview]
Post-Crisis Experiments in Development Finance Architecture: A Hirschmanian Perspective
Ilene Grabel (University of Denver)
[View Abstract]
Contemporary Capitalism as a New Monetary Economy of Production: The Logic of Conventions, M&A, and LBOs
Stefano Lucarelli (Università di Bergamo)
Andrea Fumagalli (University of Pavia)
Alessandro Caiani (Universitá Politecnica delle Marche)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Behavioral Economics and Energy (Q4, D1)
Presiding: Catherine Wolfram (University of California-Berkeley)
Default Bias, Follow‐On Behavior and Welfare in Residential Electricity Pricing Programs
Meredith Fowlie (University of California-Berkeley)
Peter Cappers (Lawrence Berkeley National Laboratory)
Anna Spurlock (Lawrence Berkeley National Laboratory)
Annika Todd (Lawrence Berkeley National Laboratory)
Catherine Wolfram (University of California-Berkeley)
[View Abstract]
Validating causal inference using high-frequency data: An energy experiment
Katrina Jessoe (University of California-Davis)
[View Abstract]
Evaluating Behaviorally-Motivated Policy: Experimental Evidence from the Lightbulb Market
Hunt Allcott (New York University)
Dmitry Taubinsky (Harvard University)
[View Abstract] [Download Preview]
The Impact of Social Information and Advertising on Technology Adoption
Robert Metcalfe (University of Chicago)
Alec Brandon (University of Chicago)
John List (University of Chicago)
Michael Price (Georgia State University)
[View Abstract]
Discussants:
Brigitte C. Madrian (Harvard University)
Paul Ferraro (Georgia State University)
Joshua Schwartzstein (Dartmouth College)
Stefano DellaVigna (University of California-Berkeley)

Jan 05, 2015 10:15 am, Boston Marriott Copley, Grand Ballroom—Salon C
Association of Financial Economists
Optimal Bank Capital (G2, G3)
Presiding: Lemma W. Senbet (AERC and University of Maryland)
Deposits and Bank Capital Structure
Franklin Allen (University of Pennsylvania)
Elena Carletti (Bocconi University)
Robert Marquez (University of California-Davis)
[View Abstract] [Download Preview]
Why Do Banks Practice Regulatory Arbitrage? Evidence from Usage of Trust Preferred Securities
Nicole M. Boyson (Northeastern University)
Rüdiger Fahlenbrach (Ecole Polytechnique Fédérale de Lausanne)
René M. Stulz (Ohio State University)
[View Abstract]
Macroprudential Bank Capital Regulation in a Competitive Financial System
Milton Harris (University of Chicago)
Christian C. Opp (University of Pennsylvania)
Marcus M. Opp (University of California-Berkeley)
[View Abstract] [Download Preview]
How Do Financial Institutions React To a Tax Increase?
Alexander Schandlbauer (University of Southern Denmark)
[View Abstract] [Download Preview]
Discussants:
Gary Gorton (Yale University)
Florian Heider (European Central Bank)
George Pennacchi (University of Illinois)
Lubomir Litov (University of Arizona)

Jan 05, 2015 10:15 am, Sheraton Boston, Berkeley Room
Econometric Society
Estimating Sampling Variances and Robust Inference (C1)
Presiding: Whitney Newey (Massachusetts Institute of Technology)
Finite Population Causal Standard Errors
Alberto Abadie (Harvard University)
Susan Athey (Stanford University)
Guido W. Imbens (Stanford University)
Jeffrey Wooldridge (Michigan State University)
[View Abstract] [Download Preview]
Randomization Tests under an Approximate Symmetry Assumption
Ivan Alexis Canay (Northwestern University)
Joseph P. Romano (Stanford University)
Azeem M. Shaikh (University of Chicago)
[View Abstract] [Download Preview]
Robust Standard Errors in Small Samples: Some Practical Advice
Guido W. Imbens (Stanford University)
Michal Kolesar (Princeton University)
[View Abstract] [Download Preview]
Robust Inference with Dyadic Data
Colin Cameron (University of California)
Douglas L. Miller (University of California-Davis)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Sheraton Boston, Gardner Room
Econometric Society
Government Debt and Budget Deficits (H6) (Panel Discussion)
Panel Moderator: Nicola Persico (Northwestern University)
John Taylor (Stanford University) Government Debt and Budget Deficits
Alberto Alesina (Harvard University) Government Debt and Budget Deficits
Lawrence H. Summers (Harvard University) Government Debt and Budget Deficits Discussion

Jan 05, 2015 10:15 am, Sheraton Boston, Beacon D
Econometric Society
Political Uncertainty and Risk Premia (G1)
Presiding: Tano Santos (Columbia University)
Measuring Economic Policy Uncertainty
Scott Ross Baker (Stanford University)
Nicholas Bloom (Stanford University)
Steven J. Davis (University of Chicago)
[View Abstract]
The Asset Pricing Implications of Government Economic Policy Uncertainty
Jonathan Brogaard (University of Washington)
Andrew Detzel (University of Washington)
[View Abstract] [Download Preview]
Political Uncertainty and Public Financing Costs: Evidence from United States Gubernatorial Elections and Municipal Bond Markets
Pengjie Gao (University of Notre Dame)
[View Abstract]
Discussants:
Thomas Philippon (New York University)
Lauren Cohen (Harvard Business School)
Pietro Veronesi (University of Chicago)

Jan 05, 2015 10:15 am, Sheraton Boston, Beacon F
Econometric Society
Program Evaluation (C1)
Presiding: Petra Todd (University of Pennsylvania)
Treatment Effects with Censoring and Endogeneity
Brigham Frandsen (Brigham Young University)
[View Abstract] [Download Preview]
Identifying the Average Treatment Effect in a Two Threshold Model
Arthur Lewbel (Boston College)
Thomas Tao Yang (Boston College)
[View Abstract]
Nonparametric Tests for Conditional Treatment Effects in Duration Outcomes
Pedro Sant'Anna (Universidad Carlos III Madrid)
[View Abstract] [Download Preview]
Diagnostic Tests for the Selection on Observables Assumption: The Case of Women Infants and Children Program
Umair Khalil (University of Rochester)
Nese Yildiz (University of Rochester)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Sheraton Boston, Beacon G
Econometric Society
Topics in Monetary Policy (E5)
Presiding: Leonardo Melosi (Federal Reserve Bank of Chicago)
Monetary Policy with Ambiguity-Averse Agents
Riccardo Maria Masolo (Bank of England)
[View Abstract]
Robust Monetary Policy under Model Uncertainty and Learning in a Phillips Curve Framework
Francesca Rondina (University of Ottawa)
[View Abstract]
Signaling Effects of Monetary Policy
Leonardo Melosi (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]
Limited Asset Market Participation and State-Dependent Effects of Fiscal and Monetary Policy Shocks
Hikaru Saijo (University of California-Santa Cruz)
[View Abstract]

Jan 05, 2015 10:15 am, Sheraton Boston, Beacon E
Econometric Society
Topics in Political Economy (C1, F5)
Presiding: Leeat Yariv (California Institute of Technology)
Networks of Military Alliances, Wars, and International Trade
Matthew Jackson (Stanford University)
Stephen Michael Nei (Stanford University)
[View Abstract] [Download Preview]
Recognition for Sale
S. Nageeb Ali (University of California-San Diego)
[View Abstract] [Download Preview]
Agendas with Priority
Sean Horan (Université de Montréal)
[View Abstract] [Download Preview]
Capital Cities, Conflict, and Misgovernance: Theory and Evidence
Filipe Campante (Harvard University)
Quoc-Anh Do (Sciences Po)
Bernando Guimaraes (Getulio Vargas Foundation)
[View Abstract] [Download Preview]

Jan 05, 2015 10:15 am, Westin Copley, North Star
Labor & Employment Relations Association
Equity, Access, and Outcomes: New Strategies for Employee/Employer Relations (J5)
Presiding: Janet Boguslaw (Brandeis University)
Beyond Wages: Structuring Inclusion in Wealth Building Employment Opportunities
Janet Boguslaw (Brandeis University)
Hannah Thomas (Brandeis University)
Sara Chaganti (Brandeis University)
[View Abstract]
Elements of a Culturally Effective Health Care Organization
Laurie Nsiah Jefferson (Brandeis University)
Melanie Doupe Gaiser (Brandeis University)
[View Abstract]
Employment Networks and Access to Good Jobs: Employment Policy for Social Relations
Jessica Santos (Brandeis University)
[View Abstract]
Discussants:
Trinidad Tellez (New Hampshire Office of Minority Health and Refugee Affairs)
Kris McCracken (Manchester Community Health Center)

Jan 05, 2015 10:15 am, Westin Copley, Courier
Labor & Employment Relations Association
LERA Papers VIII: Micro and Macro Effects of Employer-Provided Job Benefits (J3)
Presiding: James Bang (St. Ambrose University)
Rethinking Employment Relations: The Social Bargain, Pensions, and Price Stability
Aaron Pacitti (Siena College)
[View Abstract] [Download Preview]
Is There a Link between Employer-Provided Health Insurance and Job-Mobility? Evidence from Recent Micro Data
Benjamin Chute (Middlebury College)
Phanindra V. Wunnava (Middlebury College)
[View Abstract]
Exploring the Relationship of Employment Benefits to the Financial Burden and Health Outcomes of Certain Blood Cancer Patients
Gregory A. Abel (Dana-Farber Cancer Institute and Harvard University)
Randy Albelda (University of Massachusetts-Boston)
Diana Salas Coronado (University of Massachusetts-Boston)
[View Abstract]
Discussants:
James Bang (St. Ambrose University)
Françoise Carré (University of Massachusetts-Boston)
Cruz Bueno (Siena College)

Jan 05, 2015 10:15 am, Westin Copley, Helicon
Labor & Employment Relations Association
LERA/IAFFE Papers II: The Work-Family Interface (J1)
Presiding: Marlene Kim (University of Massachusetts-Boston)
Availability of Family-Friendly Work Practices and Implicit Wage Costs: New Evidence from Canada
Ali Fakih (Lebanese American University)
[View Abstract] [Download Preview]
The Effect of Paid Family Leave on Employment and Earnings Volatility: Evidence from California
Michael Carr (University of Massachusetts-Boston)
Emily Wiemers (University of Massachusetts-Boston)
[View Abstract]
Bringing Home the Bacon: Unpacking the Relationship between Breadwinner Status and Salary
Colleen Manchester (University of Minnesota)
Lisa Leslie (New York University)
Patricia Caulfield Dahm (University of Minnesota)
[View Abstract]
Discussants:
Alan Benson (University of Minnesota)
Tony Fang (Monash University)
Jessica Milli (Institute for Women's Policy Research)

Jan 05, 2015 10:15 am, Boston Marriott Copley, New Hampshire
National Economic Association
The Lasting Implications of Jim Crow (I3)
Presiding: Robynn Cox (Spelman College)
Desegregation and Downward Intergenerational Mobility: A Public-Value Approach to Analyzing the Effects of Social Constructions in the Segregated American South
Sherman A. Cooper (Georgia State University)
[View Abstract] [Download Preview]
Intergenerational Mobility in the United States South: A New View from Linked Census Data
Marianne H. Wanamaker (University of Tennessee)
William Collins (Vanderbilt University)
[View Abstract]
Jim Crow Revisited: White Supremacy, Federal Tax Policy, and Household Wealth
Robert Williams (Guilford College)
[View Abstract]
Segregation and Lynching
Trevon D. Logan (Ohio State University)
John Parman (College of William and Mary)
Discussants:
Robynn Cox (Spelman College)
Trevon D. Logan (Ohio State University)
Terry-Ann Craigie (Connecticut College)
Jeff Biddle (Michigan State University)

Jan 05, 2015 10:15 am, Boston Marriott Copley, Tufts
Society of Government Economists
Economic Benefits of Protecting Water Quality in the Chesapeake Bay (Q5)
Presiding: Chris Moore (U.S. Environmental Protection Agency)
A Stated Preference Study of the Chesapeake Bay and Watershed Lakes
Chris Dockins (U.S. Environmental Protection Agency)
Dennis Guignet (U.S. Environmental Protection Agency)
Kelly Maguire (U.S. Environmental Protection Agency)
Chris Moore (U.S. Environmental Protection Agency)
Nathalie Simon (U.S. Environmental Protection Agency)
[View Abstract]
The Value of Water Quality to Fishermen in the Chesapeake Bay
Matt Massey (U.S. Environmental Protection Agency)
Steve Newbold (U.S. Environmental Protection Agency)
[View Abstract]
Hedonic Property Prices and Meta-Analysis in the Chesapeake Bay: Exploring the Value of Water Clarity
Patrick J. Walsh (U.S. Environmental Protection Agency)
Charles Griffiths (U.S. Environmental Protection Agency)
Dennis Guignet (U.S. Environmental Protection Agency)
Heather Klemick (U.S. Environmental Protection Agency)
[View Abstract]
Welfare Analysis in a Two-Stage Inverse Demand Model: Benefits of Water Quality Improvements to Regional Fisheries
Chris Moore (U.S. Environmental Protection Agency)
Charles Griffiths (U.S. Environmental Protection Agency)
[View Abstract]
Discussants:
Rob Johnston (Clark University)
John Whitehead (Appalachian State University)
Corey Lang (University of Rhode Island)
James Seale (University of Florida)

Jan 05, 2015 10:15 am, Boston Marriott Copley, Hyannis
Union for Radical Political Economics/International Association for Feminist Economics
Gender Inequality and Economic Growth (E1)
Presiding: Ebru Kongar (Dickinson College)
Economic Growth, Social Reproduction and Gender Inequality
Elissa Braunstein (Colorado State University)
[View Abstract]
The Crisis in the Eurozone from a Gender Perspective
Esther Jeffers (Université Paris 8)
[View Abstract]
Examining Gaps in Justice and Well Being for Fair Trade Women across Industries
Tamara Stenn (School for International Training)
[View Abstract]
Trade Liberalization, Social Policy Development and Chinese Women’s Paid Work: Trends in Labor Market Outcomes in the Decade after China’s Accession to the WTO?
Xiao-Yuan Dong (University of Winnipeg)
Shi Li (Beijing Normal University)
Sui Yang (Beijing Normal University)
[View Abstract]
Discussants:
Carole Biewener (Simmons College)
Siobhan Austen (Curtin University)

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 207
American Economic Association
Banks in International Trade (F3, F1)
Presiding: Tim Schmidt-Eisenlohr (University of Illinois-Urbana-Champaign)
Bank Linkages and International Trade
Galina Hale (Federal Reserve Bank of San Francisco)
Christopher Candelaria (Center for European Policy Analysis and Stanford University)
Julian Caballero (Inter-American Development Bank)
Sergey Borisov (YP Holdings, LLC)
[View Abstract] [Download Preview]
No Guarantees, No Trade: How Banks Affect Export Patterns
Friederike Niepmann (Federal Reserve Bank of New York)
Tim Schmidt-Eisenlohr (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Risk-Based Capital Requirements for Banks and International Trade
Banu Demir (Bilkent University)
Tomasz Kamil Michalski (HEC Paris)
Evren Ors (HEC Paris)
[View Abstract] [Download Preview]
Estimating the Direct Impact of Bank Liquidity Shocks on the Real Economy: Evidence from Letter-of-Credit Import Transactions in Colombia
JaeBin Ahn (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Kalina Manova (Stanford University)
Pol Antras (Harvard University)
Luc Laeven (International Monetary Fund)
Tim Schmidt-Eisenlohr (University of Illinois-Urbana-Champaign)

Jan 05, 2015 1:00 pm, Sheraton Boston, Independence Ballroom West
American Economic Association
Behavioral Interventions and Energy (Q4, C9)
Presiding: James Sallee (University of Chicago)
The Persistence of Moral Suasion and Economic Incentives: Field Experimental Evidence from Energy Demand
Koichiro Ito (Boston University)
Takanori Ida (Kyoto University)
Makoto Tanaka (GRIPS)
[View Abstract] [Download Preview]
Price vs. Non-Price Policy Instruments to Encourage Energy Conservation: Evidence from a Randomized Controlled Trial in Ecuador
Jose Pellerano (Universidad Iberoamericana and SIUBEN)
Michael Price (Georgia State University)
Steven Puller (Texas A&M University)
Gonzalo Sanchez (Texas A&M University)
[View Abstract]
Information Disclosure through Agents: Evidence from a Field Experiment
Hunt Allcott (New York University)
Richard Sweeney (Harvard University)
[View Abstract] [Download Preview]
Social Learning and Solar Photovoltaic Adoption: Evidence from a Field Experiment
Kenneth Gillingham (Yale University)
Bryan Bollinger (New York University)
Hilary Staver (Yale University)
[View Abstract]
Discussants:
Steven Puller (Texas A&M University)
Matthew Kahn (University of California-Los Angeles)
Ginger Zhe Jin (University of Maryland)
Joshua Graff Zivin (University of California-San Diego)

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 201
American Economic Association
Communication, Guilt and Deception (D8, C9)
Presiding: Gary Charness (University of California-San Diego)
Collusion through Communication in Auctions
Marina Agranov (California Institute of Technology)
Leeat Yariv (California Institute of Technology)
[View Abstract]
Matching and Chatting: An Experimental Study of the Impact of Network Communication on School-Matching Mechanisms
Andrew Schotter (New York University)
Tingting Ding (New York University)
[View Abstract]
Promises and Expectations
Florian Ederer (Yale University)
Alexander Stremitzer (University of California-Los Angeles)
[View Abstract] [Download Preview]
Let's Both Talk: Communication and Relational Contracting
Marta Serra-Garcia (University of California-San Diego)
[View Abstract]
Discussants:
Sotirios Georganas (City University London)
Clayton Featherstone (University of Pennsylvania)
Andreas Blume (University of Arizona)
John Duffy (University of California-Irvine)

Jan 05, 2015 1:00 pm, Sheraton Boston, Liberty B
American Economic Association
Competition (D4)
Presiding: Dan Richards (Tufts University)
Cognitive Reflection and (the Limits of) Strategic Thinking in a Market Choice Game
Erik Duhaime (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Anticipated Entry and Entry Deterrence: Evidence from the American Casino Industry
J. Anthony Cookson (University of Colorado-Boulder)
[View Abstract] [Download Preview]
If Many Seek, Ye Shall Find: Search Externalities and New Goods
Maciej H. Kotowski (Harvard University)
Richard J. Zeckhauser (Harvard University)
[View Abstract]
Know Thyself, Know Thy Rival - High Performers Combine Cognitive Skills with Strategic IQ
Sheen S. Levine (Columbia University)
Mark Bernard (Goethe University Frankfurt)
Rosemarie Nagel (ICREA, Universitat Pompeu Fabra, and BGSE)
[View Abstract]
Dynamic Competition with Network Externalities: Why History Matters
Hanna Halaburda (Bank of Canada)
Bruno Jullien (Toulouse School of Economics)
Yaron Yehezkel (Tel Aviv University)
[View Abstract]

Jan 05, 2015 1:00 pm, Sheraton Boston, The Fens
American Economic Association
Economic Globalization (F1)
Presiding: Richard Pomfret (University of Adelaide)
International Competitiveness: Demand for Value Added and Value-Added Exchange Rates
Robert C. Johnson (Dartmouth College)
Rudolfs Bems (International Monetary Fund and Bank of Latvia)
[View Abstract]
Optimal Monetary and Fiscal Policy at the Zero Lower Bound in a Small Open Economy
Saroj Bhattarai (University of Texas-Austin)
Konstantin Egorov (Pennsylvania State University)
[View Abstract] [Download Preview]
A Theory of Trade in a Global Production Network
Maarten Bosker (Erasmus University Rotterdam)
Bastian Westbrock (Utrecht University)
[View Abstract]
Going Global: Markups and Product Quality in the Chinese Art Market
Jennie Bai (Georgetown University)
Benjamin Mandel (Citi Group Research)
Jia Guo (Columbia University)
[View Abstract]
Global Currency Misalignments, Crash Sensitivity, and Moment Risk Premia
Huichou Huang (University of Glasgow)
Ronald MacDonald (University of Glasgow)
Yang Zhao (University of Glasgow)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Sheraton Boston, Liberty A
American Economic Association
Economic History (N1)
Presiding: Jessica Hennessey (Furman University)
WWII, fear of the draft, and women's marriage in colonial Korea
Sun Go (Chung-Ang University)
[View Abstract] [Download Preview]
Generation War: The Long-Term Effects of World War II on Physical and Mental Health
Sebastian Otten (Ruhr University Bochum)
Julia Bredtmann (Ruhr University Bochum)
Magdalena A. Stroka (RWI Essen)
[View Abstract]
The Importance of Early Life War Experience for Health and Wealth Outcomes in China
Jian Li (Goethe University Frankfurt)
[View Abstract]
Seven Centuries of Economic Growth and Decline
Roger Fouquet (London School of Economics)
[View Abstract] [Download Preview]
Collusion in the Copper Commodity Market: A Long-Run Perspective
Gordon Rausser (University of California-Berkeley)
Martin Stuermer (Federal Reserve Bank of Dallas)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Sheraton Boston, Public Garden
American Economic Association
Economics of Immigration (J6)
Presiding: Marianne H. Wanamaker (University of Tennessee)
Migrant Remittances and Information Flows: Evidence from a Field Experiment
Catia Batista (Nova University of Lisbon)
Gaia Narciso (Trinity College Dublin)
[View Abstract]
Labour Market Integration of Immigrants - Evidence for German Guest Workers
Alexander Rieber (Ulm University)
Werner Smolny (Ulm University)
[View Abstract]
Taking One for the Team: Shocks at Destination and Household's Supply of Migrants
Emilio Gutierrez (CIE-ITAM)
Horacio A. Larreguy (Harvard University)
Gustavo Fajardo (CEMFI)
[View Abstract] [Download Preview]
Return Migration: New Source of Self-Employment in Mexico
Heriberto Gonzalez Lozano (University of Pittsburgh)
Sandra Orozco-Aleman (Mississippi State University)
[View Abstract]

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 204
American Economic Association
Education Policies in African Countries (O1)
Presiding: Leonard Wantchekon (Princeton University)
Can School Choice Increase Educational Mobility? Evidence from Ghana
Kehinde Ajayi (Boston University)
[View Abstract]
The Long-Run Effects of "Girl-Friendly" Schools: Evidence from the BRIGHT School Construction Program in Burkina Faso
Harounan Kazianga (Oklahoma State University)
[View Abstract]
Historical Missionary Activity, Schooling, and the Reversal of Fortunes: Evidence from Nigeria
Dozie Okoye (Dalhousie University)
Roland Pongou (University of Ottawa)
[View Abstract] [Download Preview]
School-Based Management, Local Capacity, and Educational Outcomes: Lessons from a Randomized Field Experiment
Moussa Blimpo (University of Oklahoma)
David Evans (World Bank)
Nathalie Lahire (World Bank)
[View Abstract] [Download Preview]
Discussants:
Harounan Kazianga (Oklahoma State University)
Roland Pongou (University of Ottawa)
Kehinde Ajayi (Boston University)
Richard Akresh (University of Illinois)

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 208
American Economic Association
Entrepreneurship and Creativity (O3, J2)
Presiding: Petra Moser (Stanford University)
Can Unemployment Insurance Spur Entrepreneurial Activity? Evidence from France
Johan Hombert (HEC Paris)
Antoinette Schoar (Massachusetts Institute of Technology)
David Sraer (Princeton University)
David Thesmar (HEC Paris)
[View Abstract] [Download Preview]
Smart and Illicit: Who Becomes an Entrepreneur and Does It Pay?
Ross Levine (University of California-Berkeley)
Yona Rubinstein (London School of Economics)
[View Abstract] [Download Preview]
Young, Restless and Creative: Openness to Disruption and Creative Innovations
Daron Acemoglu (Massachusetts Institute of Technology)
Ufuk Akcigit (University of Pennsylvania)
Murat Alp Celik (University of Pennsylvania)
[View Abstract]
Mental Health and Entrepreneurship
Michael Dahl (Aalborg University-Denmark)
Petra Moser (Stanford University)
[View Abstract]
Discussants:
Pian Shu (Harvard Business School)
Benjamin Pugsley (Federal Reserve Bank of New York)
Benjamin Jones (Northwestern University)
Jonathan Feinstein (Yale University)

Jan 05, 2015 1:00 pm, Sheraton Boston, Constitution Ballroom A
American Economic Association
Financial Constraints and Macroeconomic Risk (E3, F3)
Presiding: Jean Tirole (Toulouse School of Economics)
Managing Credit Bubbles
Alberto Martin (CREI, Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
Jaume Ventura (CREI, Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
[View Abstract]
Good Booms, Bad Booms
Guillermo Ordonez (University of Pennsylvania and NBER)
Gary Gorton (Yale University and NBER)
[View Abstract] [Download Preview]
Sovereign Default Risk and Banks in a Monetary Union
Harald Uhlig (University of Chicago)
[View Abstract] [Download Preview]
Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops
Jean Tirole (Toulouse School of Economics)
Emmanuel Farhi (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Ricardo Caballero (Massachusetts Institute of Technology)
Zhiguo He (University of Chicago)
Thomas Philippon (New York University)
Pierre-Olivier Gourinchas (University of California-Berkeley)

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 203
American Economic Association
Monetary and Macroprudential Policy Mix in a World with Financial Frictions (E5, G2)
Presiding: Markus K. Brunnermeier (Princeton University)
Moral Hazard Misconceptions: The Case of The Greenspan Put
Guido Lorenzoni (Northwestern University)
[View Abstract]
Optimal Monetary and Regulatory Policy in Models with Financial Frictions
Markus K. Brunnermeier (Princeton University)
Yuliy Sannikov (Princeton University)
[View Abstract]
How Does Macroprudential Regulation Change Bank Credit Supply?
Anil Kashyap (University of Chicago)
Dimitrios P. Tsomocos (University of Oxford)
Alexandros P. Vardoulakis (Federal Reserve Board)
[View Abstract] [Download Preview]
Risk-Taking Channel of Monetary Policy: A Global Game Approach
Stephen Morris (Princeton University)
Hyun Song Shin (Bank of International Settlements)
[View Abstract] [Download Preview]
Discussants:
Valentin Haddad (Princeton University)
Itamar Drechsler (New York University)
Saki Bigio (Columbia University)
Cecilia Parlatore Siritto (New York University)

Jan 05, 2015 1:00 pm, Sheraton Boston, Independence Ballroom East
American Economic Association
New Data Sources from the Internet in Microeconomic Research (D8)
Presiding: Edward Kung (University of California-Los Angeles)
What's Behind the Food Truck Phenomenon? Information Frictions and Taste-for-Variety
Elliot Anenberg (Federal Reserve Board)
Edward Kung (University of California-Los Angeles)
[View Abstract] [Download Preview]
How Many American Men Are Gay?
Seth Stephens-Davidowitz (Google, Inc.)
[View Abstract]
The Impact of Unconventional Monetary Policy on Real Estate Markets
Stuart Gabriel (University of California-Los Angeles)
Chandler Lutz (Copenhagen Business School)
[View Abstract] [Download Preview]
Financial Conflicts of Interest in Medicine
Joey Engelberg (University of California-San Diego)
Christopher Parsons (University of California-San Diego)
Nathan Tefft (Bates College)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 202
American Economic Association
Observational and Quasi-Experimental Methods for Estimating School and Teacher Quality (I2)
Presiding: Douglas Staiger (Dartmouth College)
Leveraging Lotteries for School Value-Added: Bias Reduction vs. Efficiency
Joshua Angrist (Massachusetts Institute of Technology)
Peter Hull (Massachusetts Institute of Technology)
Parag A. Pathak (Massachusetts Institute of Technology)
Christopher Walters (University of California-Berkeley)
[View Abstract]
Measures of School Effectiveness and the Education Production Function
David Deming (Harvard University)
[View Abstract]
The Labor Market Returns to Colleges and Majors: Evidence from Chile
Justine Hastings (Brown University)
[View Abstract]
Using Randomized Experiments to Validate Value-Added Estimates of Teacher Performance
Steven Glazerman (Mathematica Policy Research)
Ali Protik (Mathematica Policy Research)
[View Abstract] [Download Preview]
Discussants:
Will Dobbie (Princeton University)
Christopher Neilson (Yale University)

Jan 05, 2015 1:00 pm, Sheraton Boston, Constitution Ballroom B
American Economic Association
Organization, Management and Economic Growth (J1, L1)
Presiding: Rebecca Henderson (Harvard Business School)
Never Waste a Good Crisis? Growth and Decentralization in the Great Recession
John Van Reenen (London School of Economics)
Nicholas Bloom (Stanford University)
Philippe Aghion (Harvard University)
Raffaella Sadun (Harvard Business School)
[View Abstract] [Download Preview]
Formal Measures in Informal Management: Can a Balanced Scorecard Change a Culture?
Robert Gibbons (Massachusetts Institute of Technology)
Robert Kaplan (Harvard Business School)
The Real Effects of Relational Contracts
Rebecca Henderson (Harvard Business School)
Claudine Gartenberg (New York University)
Steve Blader (New York University)
Andrea Prat (Columbia University)
[View Abstract] [Download Preview]
Managing Ethnically Diverse Bureaucrats: Evidence from the Nigerian Civil Service
Daniel Rogger (World Bank)
Imran Rasul (University College London)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Sheraton Boston, Back Bay Ballroom C
American Economic Association
Retirement Savings and Household Decisions (E2, G1)
Presiding: Olivia Mitchell (University of Pennsylvania)
Liquidity in Retirement Savings Systems: An International Comparison
John Beshears (Harvard Business School)
James Choi (Yale University)
Christopher Harris (University of Cambridge)
David Laibson (Harvard University)
Brigitte C. Madrian (Harvard University)
[View Abstract] [Download Preview]
The Composition Effect of Consumption Around Retirement: Evidence from Singapore
Sumit Agarwal (National University of Singapore)
Jessica Pan (National University of Singapore)
Wenlan Qian (National University of Singapore)
[View Abstract]
Defined Contribution Pension Plans: Mutual Fund Asset Allocation Changes
Clemens Sialm (University of Texas-Austin)
Laura Starks (University of Texas-Austin)
Hanjiang Zhang (Nanyang Technological University)
[View Abstract] [Download Preview]
The Retirement Consumption Puzzle in China
Hongbin Li (Tsinghua University)
Xinzheng Shi (Tsinghua University)
Binzhen Wu (Tsinghua University)
[View Abstract] [Download Preview]
Discussants:
Christopher Carroll (Johns Hopkins University)
Jeffrey R. Brown (University of Illinois-Urbana-Champaign and NBER)
Jeremy Tobacman (University of Pennsylvania)
Eugene Amromin (Federal Reserve Bank of Chicago)

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 209
American Economic Association
Tax Compliance (H2)
Presiding: James Alm (Tulane University)
Local Public Goods and Property Tax Compliance: Evidence from Residential Street Pavement
Marco Gonzalez Navarro (University of Toronto)
Climent Quintana-Domeque (University of Oxford)
[View Abstract] [Download Preview]
Tax Me If You Can! Optimal Nonlinear Income Tax between Competing Governments
Etienne Lehmann (Paris II)
Laurent Simula (Uppsala University)
Alain Trannoy (Aix-Marseille University)
[View Abstract] [Download Preview]
Taxes, Informality and Income Shifting: Evidence from a Recent Pakistani Tax Reform
Mazhar Waseem (London School of Economics)
[View Abstract]
Improving Tax Collection by Public Shaming. Evidence from Administrative Tax Data
Nadja Dwenger (Max Planck Institute)
[View Abstract]

Jan 05, 2015 1:00 pm, Hynes Convention Center, Room 206
American Economic Association
Trading and Financial Instruments (G1)
Presiding: Rodolfo Prieto (Boston University)
Workup
Darrell Duffie (Stanford University)
Haoxiang Zhu (Massachusetts Institute of Technology)
[View Abstract]
Speculative Equilibrium with Differences in Higher-Order Beliefs
Jungsuk Han (Stockholm School of Economics)
Albert S. Kyle (University of Maryland)
[View Abstract] [Download Preview]
The Future of Inflation Futures
Michael Ashton (Enduring Investments LLC)
[View Abstract] [Download Preview]
Abusing ETFs
Benjamin Loos (Goethe University Frankfurt)
Utpal Bhattacharya (Indiana University)
Steffen Meyer (Goethe University Frankfurt)
Andreas Hackethal (Goethe University Frankfurt)
[View Abstract] [Download Preview]
Learning in Online Trade
Maggie Chen (George Washington University)
Min Wu (George Washington University)
[View Abstract]

Jan 05, 2015 1:00 pm, Sheraton Boston, Back Bay Ballroom D
American Economic Association
What We Can Learn About Gender Differences from International Data and Immigrant Groups (J1, J2)
Presiding: Kevin Lang (Boston University)
Trust, Reciprocity and Trustworthiness between Spouses: Evidence from a Field Experiment in India
Carolina Castilla (Colgate University)
[View Abstract] [Download Preview]
Alcohol Consumption and Violence against Women
Dara Lee Luca (University of Missouri and Harvard University)
Emily Owens (University of Pennsylvania and Cornell University)
Gunjan Sharma (World Bank)
[View Abstract]
Does Mother Tongue Make for Women's Work? Linguistics, Household Labor, and Gender Identity
Daniel L. Hicks (University of Oklahoma)
Estefania Santacreu-Vasut (ESSEC Business School and THEMA)
Amir Shoham (Temple University and COMAS)
[View Abstract] [Download Preview]
Child Gender and Parental Inputs: No More Son Preference in Korea?
Eleanor Jawon Choi (Hanyang University)
Jisoo Hwang (Hankuk University of Foreign Studies)
[View Abstract] [Download Preview]
Discussants:
Robert Pollak (Washington University-St. Louis)
Angela Dills (Providence College)
Aimee Chin (University of Houston)
Kevin Lang (Boston University)

Jan 05, 2015 1:00 pm, Sheraton Boston, Back Bay Ballroom B
American Economic Association
Women's Health Economics (I1)
Presiding: Lisa Schulkind (University of North Carolina-Charlotte)
Think Pink? The Effects and Efficiency of Breast Cancer Awareness Campaigns
Thomas G. Koch (Federal Trade Commission)
Chris Adams (Federal Trade Commission)
[View Abstract] [Download Preview]
Does Access to Contraception Affect Timing of Abortions?
Inna Cintina (University of Hawaii-Manoa)
[View Abstract]
The Effects of Motherhood
Marte Stroem (Institute for Social Research)
Simen Markussen (University of Oslo)
[View Abstract] [Download Preview]
Mitigating the Effects of Low Birth Weight: Evidence from Quasi-Randomly Assigned Adoptees
Martin Saavedra (Oberlin College)
Brian Beach (University of Pittsburgh)
[View Abstract] [Download Preview]
Religion and Health in Early Childhood: Evidence from the Indian Subcontinent
Nidhiya Menon (Brandeis University)
Elizabeth Brainerd (Brandeis University)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Westin Copley, Essex North
American Finance Association
Asset Management and Market Efficiency (G1)
Presiding: Jonathan Berk (Stanford University)
Cautious Risk-Takers: Investor Preferences and Demand for Active Management
Valery Polkovnichenko (University of Texas-Dallas)
Kelsey Wei (University of Texas-Dallas)
Feng Zhao (University of Texas-Dallas)
[View Abstract] [Download Preview]
A Solution to the Palm–3Com Spin-Off Puzzles
Martin Cherkes (Columbia University)
Charles M. Jones (Columbia University)
Chester Spatt (Carnegie Mellon University)
[View Abstract] [Download Preview]
Liquidity Clienteles, Correlated Demand and Excess Comovement of Exchange-Traded Fund Returns
Markus Broman (York University)
[View Abstract] [Download Preview]
Do Mutual Funds Have Decreasing Returns to Scale: Evidence from Fund Mergers
Ping McLemore (University of Arizona)
[View Abstract] [Download Preview]
Discussants:
Jules van Binsbergen (Stanford University)
Erik Stafford (Harvard Business School)
Larry Harris (University of Southern California)
Lubos Pastor (University of Chicago)

Jan 05, 2015 1:00 pm, Westin Copley, Essex Center
American Finance Association
Banking, Regulation, and the Real Economy (G2)
Presiding: Tomasz Piskorski (Columbia University)
Shadow Insurance
Ralph Koijen (London Business School)
Motohiro Yogo (Federal Reserve Bank of Minneapolis)
[View Abstract]
Does Financial Structure Shape Industry Structure? Evidence from Timing of Bank Liberalization
Markus Behn (University of Bonn)
Rainer Haselmann (University of Bonn)
Amit Seru (University of Chicago)
Vikrant Vig (London Business School)
[View Abstract] [Download Preview]
Large Banks and the Transmission of Financial Shocks
Vitaly Bord (Harvard University)
Victoria Ivashina (Harvard Business School)
Ryan Taliaferro (None)
[View Abstract] [Download Preview]
Uncovering Collateral Constraints
Jose Maria Liberti (Northwestern University)
Jason Sturgess (DePaul University)
[View Abstract] [Download Preview]
Discussants:
Tobias Adrian (Federal Reserve Bank of New York)
Heitor Almeida (University of Illinois-Urbana-Champaign)
Philipp Schnabl (New York University)

Jan 05, 2015 1:00 pm, Westin Copley, America North
American Finance Association
Economics of Commodity and Currency Markets (G1)
Presiding: Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
The Mystery of Currency Betas
Steven Riddiough (University of Warwick)
[View Abstract] [Download Preview]
Understanding FX Liquidity
Nina Karnaukh (University of St. Gallen)
Angelo Ranaldo (University of St. Gallen)
Paul Soderlind (University of St. Gallen)
[View Abstract] [Download Preview]
Variance Risk Premia in Commodity Markets
Marcel Prokopczuk (Leibniz University Hannover)
Chardin Wese Simen (University of Liverpool)
[View Abstract]
Understanding the Sources of Risk Underlying the Cross-Section of Commodity Returns
Gurdip Bakshi (University of Maryland)
Xiaohui Gao (University of Maryland)
Alberto Rossi (University of Maryland)
[View Abstract] [Download Preview]
Discussants:
Kent Daniel (Columbia University)
Adrien Verdelhan (Massachusetts Institute of Technology)
Lars Lochstoer (Columbia University)
Anders Trolle (Ecole Polytechnique Federale de Lausanne)

Jan 05, 2015 1:00 pm, Westin Copley, America Center
American Finance Association
Incentives for Risk Taking and Risk Management (G3)
Presiding: Adriano Rampini (Duke University)
Banker Compensation and Bank Risk Taking: The Organizational Economics View
Arantxa Jarque (Federal Reserve Bank of Richmond)
Edward Prescott (Federal Reserve Bank of Richmond)
[View Abstract] [Download Preview]
Project Selection and Risk Taking under Credit Constraints
Felipe Iachan (Getulio Vargas Foundation)
[View Abstract] [Download Preview]
Cash Holdings and Risky Access to Future Credit
Qi Sun (Shanghai University of Finance and Economics)
[View Abstract] [Download Preview]
Discussants:
Bengt Holmstrom (Massachusetts Institute of Technology)
S. "Vish" Viswanathan (Duke University)
Joao Gomes (University of Pennsylvania)

Jan 05, 2015 1:00 pm, Westin Copley, Essex South
American Finance Association
Market-Based Corporate Governance (G3)
Presiding: Wei Jiang (Columbia University)
Do Takeover Laws Matter? Evidence from Five Decades of Hostile Takeovers
Matthew Cain (U.S. Securities and Exchange Commission)
Steven Davidoff (Ohio State University)
Stephen McKeon (University of Oregon)
[View Abstract] [Download Preview]
Does Mandatory Shareholder Voting Prevent Bad Acquisitions?
Marco Becht (Universite Libre de Bruxelles)
Andrea Polo (Universitat Pompeu Fabra and Barcelona GSE)
Stefano Rossi (Purdue University)
[View Abstract] [Download Preview]
Why Do Shareholder Votes Matter?
Laurent Bach (Stockholm School of Economics)
Daniel Metzger (Stockholm School of Economics)
[View Abstract] [Download Preview]
Governance under the Gun: Spillover Effects of Hedge Fund Activism
Nickolay Gantchev (University of North Carolina)
Oleg Gredil (University of North Carolina)
Chotibhak Jotikasthira (University of North Carolina)
[View Abstract] [Download Preview]
Discussants:
Jonathan Karpoff (University of Washington)
Gregor Matvos (University of Chicago)
Vincente Cunat (London School of Economics)
Vyacheslav Fos (University of Illinois-Urbana-Champaign)

Jan 05, 2015 1:00 pm, Westin Copley, America South
American Finance Association
Production, Financial Capital, and Labor (G1)
Presiding: Andrea Eisfeldt (University of California-Los Angeles)
The Elephant in the Room: The Impact of Labor Obligations on Credit Risk
Jack Favilukis (University of British Columbia)
Xiaoji Lin (Ohio State University)
[View Abstract] [Download Preview]
Macroeconomic Risks and Asset Pricing: Evidence from a Dynamic Stochastic General Equilibrium Model
Erica Li (Cheung Kong Graduate School of Business)
Haitao Li (Cheung Kong Graduate School of Business)
Cindy Yu (Iowa State University)
[View Abstract] [Download Preview]
Production-Based Term Structure of Equity Returns
Hengjie Ai (University of Minnesota)
Mariano Massimiliano Croce (University of North Carolina)
Anthony Diercks (University of North Carolina)
Kai Li (Hong Kong University of Science and Technology)
[View Abstract]
Is the IT Revolution over? An Asset Pricing View
Colin Ward (University of Pennsylvania)
[View Abstract]
Discussants:
Andres Donangelo (University of Texas-Austin)
Dimitris Papanikolaou (Northwestern University)
Adlai Fisher (University of British Columbia)
Nicolae Garleanu (University of California-Berkeley)

Jan 05, 2015 1:00 pm, Westin Copley, Empire
American Real Estate & Urban Economic Association
Green and Not-So-Green Real Estate (M1, D9)
Presiding: Anthony Yezer (George Washington University)
Environmental Performance and the Cost of Capital: Evidence from REIT Bonds and Commercial Mortgages
Erkan Yonder (Ozyegin University)
Piet Eichholtz (Maastricht University)
Nils Kok (Maastricht University)
[View Abstract] [Download Preview]
Certification Matters: Is Green Talk Cheap Talk?
Avis Devine (University of Guelph)
Shaun Bond (University of Cincinnati)
[View Abstract] [Download Preview]
The Sprawling Benefits of Housing Tax Policy
Andrew Hanson (Marquette University)
Zackary Hawley (Texas Christian University)
[View Abstract]
The Global Effects of Housing Policy
Kyle Mangum (Georgia State University)
[View Abstract] [Download Preview]
Discussants:
Min Hwang (George Washington University)
PingKang Yu (Renmin University and Huatai Securities)
William Larson (U.S. Bureau of Economic Analysis)
Stephen Malpezzi (University of Wisconsin-Madison)

Jan 05, 2015 1:00 pm, Westin Copley, Defender
American Real Estate & Urban Economic Association
Leveraged Investment (G1, G3)
Presiding: Andrea Heuson (University of Miami)
The Role of Debt Covenants in the Investment Grade Bond Market – The REIT Experiment
Yongheng Deng (National University of Singapore)
Drik Devos (University of Texas-El Paso)
Shofiqur Rahman (University of Texas-El Paso)
Desmond Tsang (McGill University)
[View Abstract] [Download Preview]
Leverage and Returns: A Cross-Country Analysis of Public Real Estate Markets
David Ling (University of Florida)
Emanuela Giacomini (University of Florida)
Andy Naranjo (University of Florida)
[View Abstract] [Download Preview]
Real Estate Investment and Leverage: In Good Times and in Bad
Eva Steiner (University of Cambridge)
Andrey Pavlov (Simon Fraser University)
Susan Wachter (University of Pennsylvania)
[View Abstract] [Download Preview]
Identifying REITs Asset-pricing Bubbles: A Modified CCAPM Approach
Konstantin Magin (University of California-Berkeley)
Robert Edelstein (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Xudong An (San Diego State University)
Dirk Brounen (Tilburg University)
Matthew Billett (Indiana University)
Yildiray Yildirim (Syracuse University)

Jan 05, 2015 1:00 pm, Boston Marriott Copley, St. Botolph
Association for Comparative Economic Studies
Government Policy and Firm Behavior (P5, D2)
Presiding: John Bonin (Wesleyan University)
Measuring the Causal Effect of Privatization on Firm Performance
Jan Hagemejer (National Bank of Poland and University of Warsaw)
Jan Svejnar (Columbia University)
Joanna Tyrowicz (University of Warsaw and National Bank of Poland)
[View Abstract]
Team Performance with Simple, Complex and Creative Tasks: The Role of Social Preferences in Conjunction with Individual Versus Group Incentives
Avner Ben-Ner (University of Minnesota)
Roland Cheo (Shandong University)
[View Abstract]
Employment Adjustment and Lending Cyclicality in European Banks: The Effect of Ownership
Derek Jones (Hamilton College)
Panu Kalmi (University of Vaasa)
Mikko Mäkinen (Aalto University)
[View Abstract]
Do Governmental Subsidies Act as Soft Budget Constrants? Evidence from a Panel of Slovene Firms
Polona Domadenik (University of Ljubljana)
Matjaž Koman (University of Ljubljana)
Janez Prašnikar (University of Ljubljana)
[View Abstract]
Discussants:
John Bonin (Wesleyan University)
Klara Sabirianova Peter (University of North Carolina)
Gary Jefferson (Brandeis University)
Paul Wachtel (New York University)

Jan 05, 2015 1:00 pm, Boston Marriott Copley, Grand Ballroom—Salon A
Association for Evolutionary Economics
The Business Enterprise, Market Governance, and the Social Provisioning Process (L2)
Presiding: Tae-Hee Jo (State University of New York-Buffalo State)
Just Another Form of Market Governance? A Grounded Theory of Cartels
Christian Spanberger (University of Missouri-Kansas City)
[View Abstract]
Social Provisioning Process, Market Instability, and Managed Competition
Tuna Baskoy (Ryerson University)
[View Abstract]
Social Provisioning of Goods and Services: A Dynamic Approach to the Alignment of Transactions with Governance Structures
Antoon Spithoven (Utrecht University)
[View Abstract] [Download Preview]
Social Provisioning and Sustainability: Revisiting Female Entrepreneurship
Tonia Warnecke (Rollins College)
[View Abstract]
The Role of Networks for Helping Firms and Countries to Adapt Their Competitive Strategies in World Knowledge Economy
Camille Baulant (University of Angers)
[View Abstract]
Discussants:
Christoph Freydorf (University of Erfurt)
Christine Ngoc Ngo (University of Denver)

Jan 05, 2015 1:00 pm, Boston Marriott Copley, Grand Ballroom—Salon B
Association for Evolutionary Economics/Association for Social Economics
The Impact of Commodification on the Social Provisioning Process (B5)
Presiding: Wolfram Elsner (University of Bremen)
Strengthening Karl Polanyi’s Concepts of Reciprocity, Double Movement, and Freedom with the Assistance of Abductive Logic
F. Gregory Hayden (University of Nebraska-Lincoln)
[View Abstract]
Developing a Veblenian Theory of Care for the 21st Century
Andrew Cumbers (University of Glasgow)
Robert McMaster (University of Glasgow)
[View Abstract]
Exploring an Ecologically Regionalist Social Provisioning Process
Richard Wagner (Rockhurst University)
[View Abstract] [Download Preview]
The Culture of Complementarity
Frederic B. Jennings, Jr. (Center for Ecological Economics and Ethical Education)
[View Abstract] [Download Preview]
Is Economic Justice Compatible with Dynamic Capitalist Economies? Yes It Is: A Dynamic Multiple Equilibrium Modeling of Economic Justice Effects
Morris Altman (University of Wellington)
[View Abstract]

Jan 05, 2015 1:00 pm, Sheraton Boston, Hampton Room
Association of Environmental & Resource Economists
Environment and Health (Q5, R4)
Presiding: Antonio Bento (Cornell University)
Urban Air and Health Effects from Sao Paulo's Beltway
Alberto Salvo (National University of Singapore)
Jiaxiu He (Northwestern University)
Franz Geiger (Northwestern University)
Nelson Gouveia (University of São Paulo)
[View Abstract]
Air Pollution, Power Grid, and Infant Health: Evidence from the Shutdown of Nuclear Power Plants in the Tennessee Valley Authority in the 1980s
Edson Severnini (Carnegie Mellon University)
[View Abstract]
Spring Forward at Your Own Risk: Daylight Saving Time and Fatal Vehicle Crashes
Austin C. Smith (University of Colorado-Boulder)
[View Abstract] [Download Preview]
Hurricanes and Avoidance Behavior: Evidence from Bottled Water Sales
Jay Shimshack (Tulane University)
Timothy Beatty (University of Minnesota)
Richard Volpe (USDA Economic Research Service)
[View Abstract]
Discussants:
Antonio Bento (Cornell University)
Reed Walker (University of California-Berkeley)
Matthew Kotchen (Yale University)
Matthew Neidell (Columbia University)

Jan 05, 2015 1:00 pm, Sheraton Boston, Beacon F
Econometric Society
Capital Flows and Business Cycles (E3)
Presiding: Ivan Jaccard (European Central Bank)
How do Business Cycles Become Global? Common Shocks or Spillovers
Thomas Helbling (International Monetary Fund)
Raju Huidrom (University of Virginia)
Ayhan M. Kose (International Monetary Fund)
Christopher Otrok (University of Missouri)
[View Abstract]
International Capital Flows and the Boom-Bust Cycle in Spain
Jan in't Veld (European Commission)
Robert Kollmann (Université Libre de Bruxelles and CEPR)
Beatrice Pataracchia (European Commission)
Marco Ratto (European Commission)
Werner Roeger (European Commission)
[View Abstract] [Download Preview]
Capital Flows, Intermediation Frictions and the Adjustment to Common Shocks
Ivan Jaccard (European Central Bank)
Frank Smets (European Central Bank)
[View Abstract] [Download Preview]
International Effects of the Quantitative Easing on Emerging Economies
Saroj Bhattarai (University of Texas-Austin)
Arpita Chatterjee (University of South Wales)
Woong Yong Park (University of illinois-Urbana-Champaign)
[View Abstract]

Jan 05, 2015 1:00 pm, Sheraton Boston, Beacon D
Econometric Society
Discrete Choice (C1)
Presiding: Jack Porter (University of Wisconsin)
Estimation of Games with Ordered Actions: An Application to Chain-Store Entry
Andres Aradillas-Lopez (Pennsylvania State University)
Amit Gandhi (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
A Discrete Choice Model for Horizontally and Vertically Differentiated Alternatives
Eleni Aristodemou (University College London)
Adam M. Rosen (University College London)
[View Abstract]
Identifying Structural Models of Committee Decisions with Heterogeneous Tastes and Ideological Bias
Yonghong An (University of Connecticut)
Xun Tang (University of Pennsylvania)
[View Abstract]
CCP and the Estimation of Nonseparable Dynamic Models
Dennis Kristensen (University College London)
Lars Nesheim (University College London)
Aureo de Paula (University College London)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Sheraton Boston, Beacon G
Econometric Society
Empirical Asset Pricing: Long Run Risk and Funding Risk (G1)
Presiding: Pietro Veronesi (University of Chicago)
Business-Cycle Consumption Risk and Asset Prices
Federico Bandi (Johns Hopkins University)
Andrea Tamoni (London School of Economics)
[View Abstract] [Download Preview]
Short-Run and Long-Run Consumption Risks, Dividend Processes and Asset Returns
Jun Li (University of Texas-Dallas)
Harold Zhang (University of Texas-Dallas)
[View Abstract] [Download Preview]
Monetary Policy Risks in the Bond Markets and Macroeconomy
Ivan Shaliastovich (University of Pennsylvania)
Ram Yamarthy (University of Pennsylvania)
[View Abstract]
International Funding Liquidity
Aytek Malkhozov (McGill University)
Philippe Mueller (London School of Economics)
Andrea Vedolin (London School of Economics)
Gyuri Venter (Copenhagen Business School)
[View Abstract] [Download Preview]
Discussants:
Stefano Giglio (University of Chicago)
Amir Yaron (University of Pennsylvania)
Pierluigi Balduzzi (Boston College)
Jean-Sebastien Fontaine (Bank of Canada)

Jan 05, 2015 1:00 pm, Sheraton Boston, Beacon H
Econometric Society
Household Risk, Credit, and Insurance (E2)
Presiding: Felicia Ionescu (Federal Reserve Board)
Risky, Lumpy Human Capital in Household Portfolios
Kartik B. Athreya (Federal Reserve Bank of Richmond)
Felicia Ionescu (Federal Reserve Board)
Urvi Neelakantan (Federal Reserve Bank of Richmond)
[View Abstract] [Download Preview]
No One Saw This Coming: Inferring Income and Wealth Risks from Consumption Choices during the Great Recession
Marnix Amand (Universite de Lausanne)
[View Abstract]
Modeling the Revolving Revolution: The Role of IT Reconsidered
Lukasz Drozd (University of Pennsylvania)
Ricardo Serrano-Padial (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Evaluating Long-Term-Care Policy Options, Taking the Family Seriously
Daniel Barczyk (McGill University)
Matthias Kredler (Universidad Carlos III Madrid)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Sheraton Boston, Beacon E
Econometric Society
Natural Resource Use: Benefits, Costs and Policy Response (Q3)
Presiding: Judith Chevalier (Yale University)
The Short-Term Population Health Effects of Weather and Pollution: Implications of Climate Change
Nicolas R. Ziebarth (Cornell University)
[View Abstract]
Winning the Oil Lottery: The Impact of Natural Resource Extraction on Growth
Tiago V. Cavalcanti (University of Cambridge)
Daniel Da Mata (University of Cambridge)
Frederik Giancarlo Toscani (University of Cambridge)
[View Abstract] [Download Preview]
Diesel Cars and Environmental Policy
Anders Munk-Nielsen (University of Copenhagen)
[View Abstract] [Download Preview]
Dynamic Natural Monopoly Regulation: Time Inconsistency, Asymmetric Information, and Political Environments
Claire Lim (Cornell University)
Ali Yurukoglu (Stanford University)
[View Abstract] [Download Preview]

Jan 05, 2015 1:00 pm, Westin Copley, North Star
Labor & Employment Relations Association
LERA Papers I: Discrimination and Segregation: Measurement, Detection, and Litigation (J8)
Presiding: Barbara Lee (Rutgers University)
The Disability Employment Puzzle: A Field Experiment on Employer Hiring Behavior
Mason Ameri (Rutgers University)
Lisa Schur (Rutgers University)
Meera Adya (Syracuse University)
Scott Bentley (Rutgers University)
Douglas L. Kruse (Rutgers University)
[View Abstract] [Download Preview]
Occupational Gender Representation in Canada
Sami Bibi (Independent Labor Researcher)
[View Abstract]
How Viable is Resolving Hispanic Employment Discrimination through Litigation?
Helen LaVan (DePaul University)
[View Abstract] [Download Preview]
Discussants:
Barbara Lee (Rutgers University)
Valerie Wilson (Economic Policy Institute)
William Rodgers III (Rutgers University)

Jan 05, 2015 1:00 pm, Westin Copley, Courier
Labor & Employment Relations Association
LERA Papers III: Labor and the Macro and Regional Economies (J1)
Presiding: Mark Price (Keystone Research Center)
Economic Development in the Massachusetts Life Sciences Cluster: Shared Prosperity or a Big Tradeoff?
Brandyn Holgate (University of Massachusetts-Boston)
[View Abstract]
CEO Compensation and Mortgage Origination in the Banking Industry
Yuanyuan Sun (University of Illinois-Urbana-Champaign)
[View Abstract]
Labor Relations in a Financialized Economy: Investigating the Effects of Corporate and Household Finance
Bert Azizoglu (New School)
[View Abstract]
Apprenticeship to Entrepreneurship: A Role for Business Schools
Cihan Bilginsoy (University of Utah)
Zhao Jin (University of Utah)
[View Abstract]
Discussants:
Mark Price (Keystone Research Center)

Jan 05, 2015 1:00 pm, Westin Copley, Great Republic
Labor & Employment Relations Association
LERA Papers VI: Job Quality and Job Satisfaction (J4)
Presiding: Françoise Carré (University of Massachusetts-Boston)
Union Membership and Job Satisfaction: First Evidence from French Linked Employer-Employee Data
Patrice Laroche (Europe Business School-Paris)
[View Abstract] [Download Preview]
Within and between Firm Trends in Job Polarization: Role of Globalization and Technology
Sari Pekkala Kerr (Wellesley College)
Terhi Maczulskij (University of Jyvaskyla)
Mika Maliranta (ETLA)
[View Abstract]
The Union Wage Premium in Canada's Private Sector from 1997 to 2012
Eyob Fissuh (Human Resources and Skills Development Canada)
Craig Eschuk (Employment and Social Development Canada)
[View Abstract]
The Effect of Market-Based Policy Change on Job Quality: Direct Care Work in a Context of Managed Care
Elizabeth Nisbet (Rutgers University)
[View Abstract]
Discussants:
Peter Dorman (Evergreen State College)
Eileen Appelbaum (Center for Economic and Policy Research)

Jan 05, 2015 1:00 pm, Boston Marriott Copley, Tufts
Society of Government Economists
Returns to Child and Education Interventions (I2, D1)
Presiding: Quentin Wodon (World Bank)
Returns to Schooling around the World
Harry Anthony Patrinos (World Bank)
Claudio E. Montenegro (University of Chile)
[View Abstract] [Download Preview]
Measuring the Economic Cost of Child Marriage
Quentin Wodon (World Bank)
[View Abstract]
Demystifying the East Asian Education Tigers
Elizabeth King (World Bank)
Halsey Rogers (World Bank)
[View Abstract]
The Impact of Early Childhood Shocks on the Evolution of Cognitive and Non-cognitive Skills
Jessica Leight (Williams College)
Paul Glewwe (University of Minnesota)
Albert Park (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
Discussants:
Elizabeth King (World Bank)
Quentin Wodon (World Bank)
Paul Glewwe (University of Minnesota)
Harry Anthony Patrinos (World Bank)