PRELIMINARY PROGRAM OF THE ALLIED SOCIAL SCIENCE ASSOCIATIONS JANUARY 3-5, 2016, SAN FRANCISCO, CA

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 2016 in San Francisco, California

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, 2016

Jan 02, 2016 5:30 pm, Hilton Union Square, Plaza A
Econometric Society
Presidential Address
Presiding: Eddie Dekel (Northwestern University)
Robert Porter (Northwestern University)

Jan 02, 2016 6:30 pm, Marriott Marquis, Yerba Buena Salon 8
Association for Social Economics
Plenary Session and Reception: What We Learned from the Global Financial Crisis (E4, G2)
Presiding: Giuseppe Fontana (University of Leeds and University of Sannio)
What We Learned from the Global Financial Crisis
Jan Kregel (Levy Economics Institute of Bard College)
[View Abstract] [Download Preview] [Download PowerPoint]


Jan 03, 2016

Jan 03, 2016 8:00 am, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Water Resource Management Challenges: Efficient Institutions and Policies (Q5)
Presiding: Levan Elbakidze (West Virginia University )
The Gravity of Water: Water Trade Frictions in California
Charles Regnacq (Université de Pau et des Pays de l’Adour)
Ariel Dinar (University of California-Riverside)
Ellen Hanak (Public Policy Institute of California Water Policy Center)
[View Abstract] [Download Preview]
Implications of Climate Change for Adaptations through Water Infrastructure and Conservation
Yang Xie (University of California-Berkeley)
David Roland-Holst (University of California-Berkeley)
David Zilberman (University of California-Berkeley)
[View Abstract] [Download Preview]
Bargaining for Recharge: An Analysis of Cooperation and Conjunctive Surface Water-Groundwater Management
Kelly Cobourn (Virginia Tech)
Levan Elbakidze (West Virginia University)
Gregory Amacher (Virginia Tech)
[View Abstract] [Download Preview]
Discussants:
Jeffrey Peterson (University of Minnesota)

Jan 03, 2016 8:00 am, Hilton Union Square, Golden Gate 5
American Economic Association
Apartheid as Natural Experiment (N3)
Presiding: James A. Robinson (Harvard University)
Family Planning and Fertility in South Africa under Apartheid
Johannes Norling (University of Michigan)
[View Abstract] [Download Preview]
The Natural Limits of Segregation and Re-Integration: Race, Space, and Voting in the New South Africa
Daniel de Kadt (Massachusetts Institute of Technology)
Melissa Sands (Harvard University)
[View Abstract] [Download Preview]
The persistence or reversal of subnational fortune in South Africa
Johan Fourie (Stellenbosch University)
Dieter von Fintel (Stellenbosch University)
[View Abstract] [Download Preview]
Labor Migration and Structural Change in Rural Labor Markets: Evidence from Malawi
Taryn Dinkelman (Dartmouth College)
Grace Kumchulesi (University of Malawi)
Martine Mariotti (Australian National University)
[View Abstract] [Download Preview]
Discussants:
Martine Mariotti (Australian National University)
Katherine Eriksson (University of California-Davis)
Remi Jedwab (George Washington University)
Paulo Bastos (World Bank)

Jan 03, 2016 8:00 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Brain Drain, Gain and Circulation (F2, O3)
Presiding: Caglar Ozden (World Bank)
Ethnic Complementarities after the Opening of China: How Chinese Graduate Students Affected the Productivity of Their Advisors
George J. Borjas (Harvard University)
Kirk B. Doran (University of Notre Dame)
Ying Shen (University of Notre Dame)
[View Abstract] [Download Preview]
Reversing Brain Drain: Evidence from Malaysia's Returning Expert Programme
Ximena Del Carpio (World Bank)
Caglar Ozden (World Bank)
Mauro Testaverde (World Bank)
Mathis Wagner (Boston College)
[View Abstract] [Download Preview] [Download PowerPoint]
Global Collaborative Patents
William R. Kerr (Harvard University)
Sari Pekkala Kerr (Wellesley College)
[View Abstract] [Download Preview]
STEM Workers, H-1B Visas, and Productivity in U.S. Cities
Giovanni Peri (University of California-Davis)
Kevin Shih (University of California-Davis)
Chad Sparber (Colgate University)
[View Abstract] [Download Preview]
Discussants:
Caglar Ozden (World Bank)
Kirk B. Doran (University of Notre Dame)
David McKenzie (World Bank)
Frederic Docquier (University Catholic Louvain)

Jan 03, 2016 8:00 am, Hilton Union Square, Plaza A
American Economic Association
Capital Markets after Dodd-Frank and JOBS Act (K2, G1) (Panel Discussion)
Panel Moderator: Mark Flannery (U.S. Securities and Exchange Commission)
Jennifer Marietta-Westberg (U.S. Securities and Exchange Commission)
Christof Stahel (U.S. Securities and Exchange Commission)
Adam Yonce (U.S. Securities and Exchange Commission)
Anzhela Knyazeva (U.S. Securities and Exchange Commission)

Jan 03, 2016 8:00 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Contractual Issues in Developing Countries (O1, D8)
Presiding: Supreet Kaur (Columbia University)
Financial Contracting and Organizational Form: Evidence from the Regulation of Trade Credit
Emily Breza (Columbia University)
Andres Liberman (New York University)
[View Abstract] [Download Preview]
Joint Liability, Asset Collateralization, and Credit Access: Evidence from Rainwater Harvesting Tanks in Kenya
William Jack (Georgetown University)
Joost de Laat (The World Bank)
Michael Kremer (Harvard University)
Tavneet Suri (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Tropical Lending: International Prices and Strategic Default in the Coffee Market
Arthur Blouin (University of Warwick)
Rocco Macchiavello (Warwick University)
[View Abstract] [Download Preview]
Do Enforcement Constraints Prevent Trade? Evidence on Contracting Failures in Irrigation Markets
Ryan Bubb (New York University)
Supreet Kaur (Columbia University)
Sendhil Mullainathan (Harvard University)
[View Abstract]
Discussants:
Rocco Macchiavello (Warwick University)
Jessica Goldberg (University of Maryland)
Xiao Yu Wang (Duke University)
Jeremy Magruder (University of California-Berkeley)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 25
American Economic Association
Economic History (N1)
Presiding: David F. Weiman (Barnard College and Columbia University )
Paradox Lost?
Richard A. Easterlin (University of Southern California)
[View Abstract] [Download Preview] [Download PowerPoint]
The Great Escape: Intergenerational Mobility Since 1940
Nathaniel Green Hilger (Brown University)
[View Abstract] [Download Preview]
The Invisible Wound: The Long-term Impact of China’s Cultural Revolution on Individual Trust
Lingwei Wu (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
Spending a Windfall: American Precious Metals and Euro-Asian Trade 1492-1815
Nuno Palma (London School of Economics)
Andre Silva (Nova School of Business and Economics)
[View Abstract] [Download Preview]
The Cotton Boom and Slavery in Nineteenth-Century Rural Egypt
Mohamed Saleh (Toulouse School of Economics)
[View Abstract] [Download Preview]

Jan 03, 2016 8:00 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Economics of Higher Education (I2, J7)
Presiding: Caroline Hoxby (Stanford University)
The Impact of the V-SOURCE Program on Disadvantaged Students’ College Enrollment
Sarah Reber (University of California-Los Angeles)
Meredith Phillips (University of California-Los Angeles)
[View Abstract]
Do Public Subsidies Promote College Access and Completion? Evidence from Community College Districts
Isaac McFarlin (University of Michigan)
Paco Martorell (University of California-Davis)
Brian P. McCall (University of Michigan)
[View Abstract]
The Impact of Intergroup Contact on Racial Attitudes and Revealed Preference
Scott Carrell (University of California-Davis)
Mark Hoekstra (Texas A&M University)
James West (Baylor University)
[View Abstract] [Download Preview]
Bias in Online Classes: Evidence from a Field Experiment
Thomas Dee (Stanford University)
Rachel Baker (University of California-Irvine)
Brent Evans (Vanderbilt University)
June Park John (Stanford University)
[View Abstract]
Discussants:
Bridget Terry Long (Harvard University)
Jeffrey Smith (University of Michigan)

Jan 03, 2016 8:00 am, Hilton Union Square, Franciscan D
American Economic Association
Empirics of Capital Taxation (H2, G3)
Presiding: Marshall Steinbaum (Washington Center for Equitable Growth)
Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
Danny Yagan (University of California-Berkeley)
[View Abstract] [Download Preview]
Capital Taxation and Inventors
Stefanie Stantcheva (Harvard University)
Ufuk Akcigit (University of Chicago)
Salome Baslandze (University of Pennsylvania)
[View Abstract]
Evaluating the Effects of ACE Systems on Debt Financing and Investments
Shafik Hebous (Goethe University Frankfurt)
Martin Ruf (University of Tuebingen)
[View Abstract] [Download Preview]
Taxation and the Optimal Constraint on Corporate Debt Finance
Peter Sorensen (University of Copenhagen)
[View Abstract]
Discussants:
Ruud De Mooij (International Monetary Fund)
Paul Burnham (Congressional Budget Office)
Katherine Cuff (McMaster University)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 3 & 4
American Economic Association
Evaluating Energy Efficiency Programs (Q4)
Presiding: Hunt Allcott (New York University)
Is there an Energy-Efficiency Gap? Experimental Evidence from Indian Manufacturing Plants
Nicholas Ryan (Yale University)
[View Abstract]
Harberger Meets McKinsey: Measuring the Welfare Effects of Energy Efficiency Programs
Hunt Allcott (New York University)
Michael Greenstone (University of Chicago)
[View Abstract]
Peer Effects in Energy Efficiency Program Participation
Judson Boomhower (Stanford University)
[View Abstract]
Using High-Frequency Interval Meter Data to Evaluate Energy Efficiency Investments in Schools
Christopher R. Knittel (Massachusetts Institute of Technology)
David Rapson (University of California-Davis)
Mar Reguant (Northwestern University)
Catherine Wolfram (University of California-Berkeley)
[View Abstract]
Discussants:
Paulina Oliva Vallejo (University of California-Santa Barbara)
Lucas Davis (University of California-Berkeley)
Koichiro Ito (Boston University)
Arik Levinson (Georgetown University)

Jan 03, 2016 8:00 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Gender in Corporation Management (G3, J4)
Presiding: Marianne Bertrand (University of Chicago)
Does the Market Value CEO Styles?
Antoinette Schoar (Massachusetts Institute of Technology)
Luo Zuo (Cornell University)
[View Abstract] [Download Preview]
Gender Diversity and Skill Contribution to Corporate Boards
Daehyun Kim (University of Texas-Austin)
Laura Starks (University of Texas-Austin)
[View Abstract] [Download Preview]
Golf Buddies and Board Diversity
Sumit Agarwal (National University of Singapore)
Wenlan Qian (National University of Singapore)
David M. Reeb (National University of Singapore)
Tien Foo Sing (National University of Singapore)
[View Abstract] [Download Preview]
Women in Finance
Renée B. Adams (University of New South Wales)
Tom Kirchmaier (University of Manchester)
[View Abstract]
Discussants:
Francisco Perez-Gonzalez (Instituto Tecnológico Autónomo de México)
David Yermack (New York University)
Carola Frydman (Northwestern University)
Glenn Ellison (Massachusetts Institute of Technology)

Jan 03, 2016 8:00 am, Hilton Union Square, Yosemite B
American Economic Association
Global Reserve Assets in a Low Interest Rate World (A1)
Presiding: Pierre-Olivier Gourinchas (University of California-Berkeley)
A Model of the Reserve Asset
Zhiguo He (University of Chicago)
Arvind Krishnamurthy (University of Stanford)
Konstantin Milbradt (Northwestern University)
Secular Stagnation and International Financial Markets
Gauti Eggertsson (Brown University)
Neil Mehrotra (Brown University)
Lawrence Summers (Harvard University)
The Sovereign-Bank Diabolical Loop and Flight to Safety Capital Flows: European Safe Bonds (ESBies)
Markus K. Brunnermeier (Princeton University)
Luis Garicano (London School of Economics)
Stijn Van Nieuwerburgh (New York University)
Philip R. Lane (Trinity College)
Marco Pagano (University of Napoli)
[View Abstract] [Download Preview]
Global Imbalances and Currency Wars at the ZLB
Ricardo Caballero (Massachusetts Institute of Technology)
Emmanuel Farhi (Harvard University)
Pierre-Olivier Gourinchas (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Manuel Amador (Federal Reserve Bank of Minneapolis)
Matteo Maggiori (Harvard University)
Jeremy Stein (Harvard University)
Mark Gertler (New York University)

Jan 03, 2016 8:00 am, Hilton Union Square, Continental Ballroom 4
American Economic Association
Historical Perspectives on Financial Crisis, Banks and Regulation (E5, N2)
Presiding: Gary Richardson (Federal Reserve Bank of Richmond)
Crisis and Collapse in the Long Run: Some Microeconomic Evidence
Raghuram Rajan (Reserve Bank of India and University of Chicago)
Rodney Ramcharan (University of Southern California)
[View Abstract] [Download Preview]
What Ends Banking Panics?
Gary Gorton (Yale University)
Ellis Tallman (Oberlin College and Federal Reserve Bank of Cleveland)
[View Abstract]
Interbank Markets and Banking Crises: New Evidence on the Establishment and Impact of the Federal Reserve
Mark Carlson (Bank for International Settlements and Federal Reserve Board)
David Wheelock (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
Commercial Bank Leverage and Regulatory Regimes: Comparative Evidence from the Great Depression and Great Recession
Christoffer Koch (Federal Reserve Bank of Dallas)
Gary Richardson (Federal Reserve Bank of Richmond)
Patrick Van Horn (Southwestern University)
[View Abstract]
Discussants:
Christoffer Koch (Federal Reserve Bank of Dallas)
Jonathan Rose (Federal Reserve Board)
Gregor Matvos (University of Chicago)
Kinda Hachem (University of Chicago)

Jan 03, 2016 8:00 am, Hilton Union Square, Franciscan C
American Economic Association
Income and Wealth Distribution (H2)
Presiding: Richard V. Burkhauser (Cornell University)
Financial Sector Pay and Labor Income Inequality: Evidence from Europe
Oliver Denk (OECD)
[View Abstract] [Download Preview]
Who Are the Top 1% Earners?
Oliver Denk (OECD)
[View Abstract] [Download Preview]
Optimal Taxation of Capital Income when Capital Returns are Heterogeneous
Aart Gerritsen (Max Planck Institute for Tax Law and Public Finance)
Bas Jacobs (Erasmus University Rotterdam)
Alexandra Rusu (Erasmus University Rotterdam)
Kevin Spiritus (University of Leuven)
[View Abstract]
Behavioral Responses to Wealth Transfer Taxation: Bunching Evidence from Germany
Ulrich Glogowsky (University of Erlangen-Nuremberg)
[View Abstract]
The Piketty Transition
Daniel R. Carroll (Federal Reserve Bank of Cleveland)
[View Abstract] [Download Preview]

Jan 03, 2016 8:00 am, Hilton Union Square, Yosemite A
American Economic Association
International Trade and Macroeconomics (F4)
Presiding: Fabio Ghironi (University of Washington and NBER)
Firms' Heterogeneity, Incomplete Information, and Pass-Through
Stefania Garetto (Boston University)
[View Abstract] [Download Preview]
Trade, Unemployment and Monetary Policy
Matteo Cacciatore (HEC Montreal)
Fabio Ghironi (University of Washington and NBER)
[View Abstract] [Download Preview]
Diversification in the Small and in the Large: Evidence from Trade Networks
Francis Kramarz (ENSAE, CREST and CEPR)
Julien Martin (ESG UQAM)
Isabelle Méjean (Ecole Polytechnique)
[View Abstract] [Download Preview]
Asymmetric Trade Liberalizations and Current Account Dynamics
Alessandro Barattieri (ESG UQAM and Collegio Carlo Alberto)
[View Abstract] [Download Preview]
Discussants:
Julien Martin (ESG UQAM)
Paul R. Bergin (University of California-Davis and NBER)
Stefania Garetto (Boston University)
Giancarlo Corsetti (University of Cambridge and CEPR)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 21
American Economic Association
Network Effects (I2)
Presiding: Rachel Kranton (Duke University)
Productivity Spillover among Scientific Workers
Wei Cheng (Ohio State University)
[View Abstract] [Download Preview]
The Evolution of Networks: Evidence from the Effect of a Community Driven Development Program on Economic and Social Networks in Rural Gambia
Matthias Schuendeln (Goethe University Frankfurt)
Simon Heß (Goethe University Frankfurt)
Dany Jaimovich (Goethe University Frankfurt)
[View Abstract]
Estimating Network Effects without Network Data
Pedro CL Souza (Pontifical Catholic University of Rio de Janeiro)
[View Abstract]
Changes in Social Network Structure in Response to Exposure to Formal Credit Markets
Abhijit Banerjee (Massachusetts Institute of Technology)
Arun Chandrasekhar (Stanford University)
Esther Duflo (Massachusetts Institute of Technology)
Matthew O. Jackson (Stanford University)
[View Abstract]
Influence of Social Networks on Vaccine Take-Up among Women in Rural Nigeria
Ryoko Sato (University of Michigan)
Yoshito Takasaki (University of Tokyo)
[View Abstract]

Jan 03, 2016 8:00 am, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
Productivity Dispersion and Wage Inequality (D2, J3)
Presiding: John Haltiwanger (University of Maryland)
Dispersion in Dispersion: Measuring Establishment-Level Differences in Productivity
Lucia S. Foster (U.S. Census Bureau)
Cheryl A. Grim (U.S. Census Bureau)
Sabrina Pabilonia (U.S. Bureau of Labor Statistics)
Jay Stewart (U.S. Bureau of Labor Statistics)
Zoltan Wolf (Westat and U.S. Census Bureau)
Cindy Zoghi (U.S. Bureau of Labor Statistics)
[View Abstract]
Firm Performance and the Volatility of Worker Earnings
Chinhui Juhn (University of Houston)
Kristin McCue (U.S. Bureau of the Census)
Holly Monti (U.S. Census Bureau)
Brooks Pierce (U.S. Bureau of Labor Statistics)
[View Abstract]
How Persistent Are Establishment Wage Differentials?
Matt Dey (U.S. Bureau of Labor Statistics)
Jay Stewart (U.S. Bureau of Labor Statistics)
[View Abstract]
Augmenting the Human Capital Earnings Equation with Meaures of the Place Where You Work
Erling Barth (University of Oslo)
James C. Davis (U.S. Census Bureau)
Richard B. Freeman (Harvard University)
[View Abstract]
Discussants:
Chad Syverson (University of Chicago)
Gary Solon (University of Arizona)
Jason Faberman (Federal Reserve Bank of Chicago)
Steven J. Davis (University of Chicago)

Jan 03, 2016 8:00 am, Hilton Union Square, Golden Gate 8
American Economic Association
Research in Economic Education (A2)
Presiding: Georg Schaur (University of Tennessee)
Diversity, Effort, and Cooperation in Team Based Learning
Molly Espey (Clemson University)
[View Abstract] [Download Preview]
Do Students Know Best? Choice, Classroom Time, and Academic Performance
Ted Joyce (City University of New York)
Sean Crockett (City University of New York)
David A. Jaeger (City University of New York)
Onur Altindag (City University of New York)
Stephen Daniel O'Connell (City University of New York)
Dahlia Remler (City University of New York)
[Download Preview]
Women’s Decision to Pursue a Masters Degree in Economics or Finance
Anne Boring (Sciences Po)
Changing What Our Students Think, What Our Students Know, and What Our Students Think They Know
Adam J. Hoffer (University of Wisconsin-La Crosse)
[View Abstract]
Discussants:
Matthew Rousu (Susquehanna University)
Gail Hoyt (University of Kentucky)
Olga Troitschanskaia (University of Mainz)
Jennifer Imazeki (San Diego State University)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 13
American Economic Association
Strategic Games (D4)
Presiding: Alison Watts (Southern Illinois University-Carbondale)
A Bargaining Model of Endogenous Procedures
Razvan Vlaicu (Northwestern University)
Daniel Diermeier (University of Chicago)
Carlo Prato (Georgetown University)
[View Abstract]
Strategic Experimentation on a Common Threshold
Yi Chen (Yale University)
[View Abstract] [Download Preview]
Suboptimal Behavior in Strategy-Proof Mechanisms: Evidence from the Residency Match
Alexander Robert Rees-Jones (University of Pennsylvania)
[View Abstract] [Download Preview]
Bilateral Trading in Divisible Double Auctions
Songzi Du (Simon Fraser University)
Haoxiang Zhu (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Generalized Deferred Acceptance Auctions with Multiple Relinquishment Options for Spectrum Reallocation
Eiichiro Kazumori (State University of New York)
[View Abstract] [Download Preview]

Jan 03, 2016 8:00 am, Hilton Union Square, Imperial A
American Economic Association
The Economics of Violence (O1, Q1)
Presiding: Solomon M. Hsiang (University of California-Berkeley)
Agricultural Productivity and Conflict: Evidence from the Diffusion of Potatoes to the Old World
Murat Iyigun (University of Colorado)
Nathan Nunn (Harvard University)
Nancy Qian (Yale University)
[View Abstract]
The Effect of Civilian Casualties on Wartime Informing: Evidence from the Iraq War
Andrew Shaver (Princeton University)
Jacob Shapiro (Princeton University)
[View Abstract] [Download Preview]
Economic and Non-Economic Factors in Violence: Evidence from Organized Crime, Suicides and Climate in Mexico
Ceren Baysan (University of California-Berkeley)
Marshall Burke (Stanford University)
Felipe Gonzales (University of California-Berkeley)
Solomon M. Hsiang (University of California-Berkeley)
Edward Miguel (University of California-Berkeley)
[View Abstract]
The Intergenerational Transmission of War
Filipe Campante (Harvard University)
David Yanagizawa-Drott (Harvard University)
[View Abstract]
Discussants:
Suresh Naidu (Columbia University)
Michael Callen (Harvard University)
Melissa Dell (Harvard University)
Edward Miguel (University of California-Berkeley)

Jan 03, 2016 8:00 am, Hilton Union Square, Imperial B
American Economic Association
Valuing Climate Change Catastrophes (Q5)
Presiding: Robert Mendelsohn (Yale University)
Shutting Down the Thermohaline Circulation
Richard S.J. Tol (University of Sussex)
David Anthoff (University of California-Berkeley)
Francisco Estrada (Centro de Ciencias de la Atmósfera)
[View Abstract]
A Potential Disintegration of the West Antarctic Ice Sheet (WAIS): Implications for Economic Analyses of Mitigation Strategies
Delavane Diaz (Stanford University)
Thomas F. Rutherford (University of Wisconsin-Madison)
Klaus Keller (Pennsylvania State University)
[View Abstract] [Download Preview] [Download PowerPoint]
Ecosystem Impacts
Colin Prentice (Imperial College London)
Robert Mendelsohn (Yale University)
[View Abstract] [Download Preview] [Download PowerPoint]
Economic Effects of an Ocean Acidification Catastrophe
Gunnar Knapp (University of Alaska-Anchorage)
Steve Colt (University of Alaska-Anchorage)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
William Nordhaus (Yale University)
James Neumann (Industrial Economics)
Charles Kolstad (Stanford University)
David Anthoff (University of California-Berkeley)

Jan 03, 2016 8:00 am, Marriott Marquis, Nob Hill C & D
American Finance Association
Aggregate Volatility Shocks: Real and Financial Effects (G1)
Presiding: Stefano Giglio (University of Chicago)
Uncertainty and International Capital Flows
Francois Gourio (Federal Reserve Bank of Chicago)
Michael Siemer (Federal Reserve Board)
Adrien Verdelhan (Massachusetts Institute of Technology)
[View Abstract]
Flight-to-Safety in the Nonlinear Risk-Return Tradeoff for Stocks and Bonds
Tobias Adrian (Federal Reserve Bank of New York)
Richard K. Crump (Federal Reserve Bank of New York)
Erik Vogt (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Inventory Risk, Market-Maker Wealth, and the Variance Risk Premium: Theory and Evidence
Mathieu Fournier (HEC Montréal)
Kris Jacobs (University of Houston)
[View Abstract] [Download Preview]
Discussants:
Helene Rey (London Business School)
Eric Ghysels (University of North Carolina)
Ian Dew-Becker (Northwestern University)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Government Policies and Markets (G1)
Presiding: Anna Cieslak (Duke University )
Is the Revolving Door of Washington a Back Door to Excess Corporate Returns?
Mehmet Canayaz (University of Oxford)
Jose Martinez (University of Connecticut)
Han Ozsoylev (University of Oxford)
[View Abstract] [Download Preview]
Regulatory Arbitrage in Repo Markets
Ben Munyan (Vanderbilt University)
[View Abstract] [Download Preview]
Student Loans and the Rise in College Tuition: Evidence from the Expansion in Federal Loan Programs
David Lucca (Federal Reserve Bank of New York)
Taylor Nadauld (Brigham Young University)
[View Abstract] [Download Preview]
When Transparency Improves, Must Prices Reflect Fundamentals Better?
Snehal Banerjee (University of California-San Diego)
Jesse Davis (Northwestern University)
Naveen Gondhi (Northwestern University)
[View Abstract]
Discussants:
Vyacheslav Fos (Boston College)
Antoine Martin (Federal Reserve Bank of New York)
Brian Melzer (Northwestern University)
Laura Veldkamp (New York University)

Jan 03, 2016 8:00 am, Marriott Marquis, Nob Hill A & B
American Finance Association
High-Frequency Trading (G1)
Presiding: Albert Menkveld (Vrije University Amsterdam)
The Welfare Impact of High Frequency Trading
Giovanni Cespa (City University London)
Xavier Vives (IESE Business School)
[View Abstract] [Download Preview]
High-Frequency Trading and Market Stability
Dion Bongaerts (Erasmus University)
Mark Van Achter (Erasmus University )
[View Abstract] [Download Preview]
Anticipatory Traders and Trading Speed
Raymond Fishe (University of Richmond)
Richard Haynes (U.S. Commodity Futures Trading Commission)
Esen Onur (U.S. Commodity Futures Trading Commission)
[View Abstract] [Download Preview]
High Frequency Trading and Extreme Price Movements
Jonathan Brogaard (University of Washington-Seattle)
Al Carrion (Lehigh University)
Thibaut Moyaert (Louvain School of Management)
Ryan Riordan (Queen's University)
Andriy Shkilko (Wilfrid Laurier University)
Konstantin Sokolov (Wilfrid Laurier University)
[View Abstract] [Download Preview]
Discussants:
Andreas Park (University of Toronto)
Shmuel Baruch (University of Utah)
Joel Hasbrouck (New York University)
Maureen O'Hara (Cornell University)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
Innovations and Behavior in Household Finance (G0)
Presiding: Adair Morse (University of California-Berkeley)
The Display of Information and Household Investment Behavior
Maya Shaton (Federal Reserve Board)
[View Abstract] [Download Preview]
Adverse Selection and Maturity Choice in Consumer Credit Markets: Evidence from an Online Lender
Andrew Hertzberg (Columbia University)
Andres Liberman (New York University )
Daniel Paravisini (London School of Economics)
[View Abstract] [Download Preview]
Do Credit Card Companies Screen for Behavioral Biases?
Hong Ru (Nanyang Technological University)
Antoinette Schoar (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Brad Barber (University of California-Davis)
Mitchell Petersen (Northwestern University)
Justine Hastings (Brown University)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Institutional Investors and Alternative Assets (G1)
Presiding: Anna Pavlova (London Business School)
How to Squander Your Endowment: Pitfalls and Remedies
Phil Dybvig (Washington University-St. Louis)
Zhenjiang Qin (Southwestern University of Finance and Economics)
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Riding the Bubble with Convex Incentives
Juan Sotes-Paladino (University of Melbourne)
Fernando Zapatero (University of Southern California)
[View Abstract] [Download Preview]
Where Experience Matters: Asset Allocation and Asset Pricing with Opaque and Illiquid Assets
Adrian Buss (INSEAD)
Raman Uppal (Edhec Business School)
Grigory Vilkov (Frankfurt School of Finance and Management)
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Does it Pay to Invest in Art? A Selection-Corrected Returns Perspective
Arthur Korteweg (University of Southern California)
Roman Kraussl (University of Luxembourg and Emory University)
Patrick Verwijmeren (Erasmus University)
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Discussants:
Thomas Gilbert (University of Washington)
Andrea M. Buffa (Boston University)
Christian Heyerdahl-Larsen (London Business School)
Ludovic Phalippou (University of Oxford)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Law and the Business and Social Environment (G1)
Presiding: Jarrad Harford (University of Washington)
Law and Finance Matter: Lessons from Externally Imposed Courts
James Brown (Iowa State University)
J. Anthony Cookson (University of Colorado)
Rawley Heimer (Federal Reserve Bank of Cleveland)
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How Collateral Laws Shape Lending and Sectoral Activity
Charles Calomiris (Columbia University)
Mauricio Larrain (Columbia University)
Jose Liberti (DePaul University)
Jason Sturgess (DePaul University)
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Measuring Contract Completeness: A Text Based Analysis of Loan Agreements
Bernhard Ganglmair (University of Texas-Dallas)
Malcolm Wardlaw (University of Texas-Dallas)
[View Abstract] [Download Preview]
The Financial Value of Corporate Law: Evidence from (Re)incorportions
Martijn Cremers (University of Notre Dame)
Simone Sepe (University of Arizona and Toulouse School of Economics)
[View Abstract] [Download Preview]
Discussants:
David Robinson (Duke University)
Scott Frame (Federal Reserve Bank of Atlanta)
Greg Nini (Drexel University)
Jonathan Karpoff (University of Washington)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Liability Structure and Funding Risk of Banks (G2)
Presiding: Charles Calomiris (Columbia University)
Bank Liability Structure
Suresh Sundaresan (Columbia University)
Zhenyu Wang (Indiana University )
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Double Bank Runs and Liquidity Risk Management
Filippo Ippolito (Universitat Pompeu Fabra)
Jose Luis Peydro (Universitat Pompeu Fabra)
Andrea Polo (Universitat Pompeu Fabra and Barcelona Graduate School of Economics)
Enrico Sette (Bank of Italy)
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Banks, Taxes, and Nonbank Competition
George Pennacchi (University of Illinois)
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Discussants:
Heitor Almeida (University of Illinois-Urbana-Champaign)
Charles Calomiris (Columbia University)
Deborah Lucas (Massachusetts Institute of Technology)

Jan 03, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
The Influence of Markets on Corporate Policy (G3)
Presiding: Amy Dittmar (University of Michigan)
The Market for Equity Lending and Corporate Cash
Murillo Campello (Cornell University and NBER)
Pedro Saffi (Judge Business School)
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Kicking Maturity Down the Road: Early Refinancing and Maturity Management in the Corporate Bond Market
Qiping Xu (University of Chicago )
[View Abstract]
The Risk Anomaly Tradeoff of Leverage
Malcolm Baker (Harvard Business School )
Jeffrey Wurgler (New York University)
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Discussants:
Ran Duchin (University of Washington)
Taylor Begley (London Business School)
Hui Chen (Massachusetts Institute of Technology)

Jan 03, 2016 8:00 am, Parc 55, Mission I
American Real Estate & Urban Economic Association
Changing Markets and Space (R3, G2)
Presiding: Andrew Hanson (Marquette University)
Explaining the Boom-Bust Cycle in the U.S. Housing Market: A Reverse Engineering Approach
Kevin J. Lansing (Federal Reserve Bank of San Francisco)
Paolo Gelain (Norges Bank)
Gisle Natvik (BI Norwegian Business School)
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Entry and Co-Location: Evidence from Chilean Retailers
Anthony Pennington-Cross (Marquette University)
Sergio Garate (Pennsylvania State University)
[View Abstract]
Urban Revival in America, 2000-2010
Jessie Handbury (University of Pennsylvania)
Victor Couture (University of California-Berkeley)
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Could Further Restrictions on "Exotic" Lending Have Dampened the Housing Boom? A VAR Perspective
Wayne Archer (University of Florida)
[View Abstract]
Discussants:
Jaime Luque (University of Wisconsin)
Shawn Rohlin (Kent State University)
Hal Martin (Federal Reserve Bank of Cleveland)
Marcus Casey (University of Illinois-Chicago)

Jan 03, 2016 8:00 am, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Rents and Empirical Real Estate (J3, R1)
Presiding: Brent Ambrose (Pennsylvania State University)
The housing stock, housing prices, and user costs: the roles of location, structure and unobserved quality
Jonathan Halket (University of Essex)
Lars Nesheim (University College London)
Florian Oswald (University College London)
[View Abstract]
Do Rural Migrants Benefit from Urban Labor Market Agglomeration Economies? Evidence from Chinese Cities
Shihe Fu (Southwestern University of Finance and Economics)
Lixing Li (Peking University)
Guangliang Yang (Fudon University)
[View Abstract] [Download Preview]
Agglomeration Economies and Capitalization Rates: Evidence from the Dutch Office Market
Arno Van Der Vlist (University of Groningen)
Marc Francke (University of Amsterdam)
Dennis Schoenmaker (University of Groningen)
[View Abstract]
Condo Rents and Apartment Rents
Edward Coulson (University of Nevada-Las Vegas)
Lynn Fisher (Mortgage Bankers Association)
[View Abstract]
Discussants:
Morris Davis (Rutgers University)
Herman Li (University of Nevada-Las Vegas)
Serguei Chervachidze (CBRE)
Moussa Diop (University of Wisconsin)

Jan 03, 2016 8:00 am, Parc 55, Powell I
American Real Estate & Urban Economic Association
Urban Theory (R1, R3)
Presiding: Gilles Duranton (University of Pennsylvania)
Asset Risk Premiums in a Production Economy with Housing
Xiongchuan Lai (Zhongnan University of Economics and Law)
Yuming Fu (National University of Singapore )
[View Abstract]
Rationality and Exuberance in Land Prices and the Supply of New Housing
Alex Anas (State University of New York-Buffalo)
Debarshi Indra (University of California-Riverside)
[View Abstract] [Download Preview]
Parking and Urban Form
Jan Brueckner (University of California-Irvine)
Sofia Franco (Universidade Nova de Lisboa)
[View Abstract] [Download Preview]
City of Dreams
Jorge de la Roca (New York University)
Gianmarco Ottaviano (London School of Economics)
Diego Puga (CEMFI)
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Discussants:
Haifang Huang (University of Alberta)
Charles G. Nathanson (Northwestern University)
Richard J. Arnott (University of California-Riverside)
Sanhghoon Lee (University of British Columbia)

Jan 03, 2016 8:00 am, Parc 55, Market Street
Association for Comparative Economic Studies
Economic Developments in China, India, and Japan (E2, E6)
Presiding: Daniel Michael Berkowitz (University of Pittsburgh)
Demographics and Aggregate Household Saving in Japan, China, and India
Chadwick C. Curtis (University of Richmond-Virginia)
Steven Lugauer (University of Notre Dame)
Nelson C. Mark (University of Notre Dame and NBER)
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Fiscal Decentralization and Pollution in China
Peter Lorentzen (University of California-Berkeley)
Daniel Mattingly (University of California-Berkeley)
Denise van der Kamp (University of California-Berkeley)
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Reserve Requirements and the Bank Lending Channel in China
Zuzana Fungáčová (Bank of Finland)
Riikka Nuutilainen (Bank of Finland)
Laurent Weill (University of Strasbourg and Bank of Finland)
[View Abstract] [Download Preview]
Macroeconomic Consequences of the Real-Financial Nexus: Imbalances and Spillovers Between China and the United States
Ke Pang (Wilfrid Laurier University)
Pierre L. Siklos (Wilfrid Laurier University)
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Discussants:
Gerhard Glomm (Indiana University-Bloomington )
Laura Solanko (Bank of Finland)
Pierre L. Siklos (Wilfrid Laurier University)
Steven Lugauer (University of Notre Dame)

Jan 03, 2016 8:00 am, Marriott Marquis, Pacific C
Association for Evolutionary Economics
Inside Entrepreneurship: Social Entrepreneurship in Practice (B5, L3)
Presiding: Zohreh Emami (Alverno College)
Let There be Light: Solar Power, Social Enterprise, and Sustainable Development
Tonia L. Warnecke (Rollins College)
Ahiteme N. Houndonougbo (Rollins College)
[View Abstract]
Awash in a Sea of Confusion: Benefit Corporations, Social Enterprise, and the Fear of “Greenwashing”
Michelle J. Stecker (Rollins College)
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Integrating Social Innovation into the Academy: The Perspective of Academic Leadership
Debra Wellman (Rollins College)
Carol Bresnahan (Rollins College)
[View Abstract]
Revolutionizing Business Education for Social Impact
Denise Parris (Rollins College)
Cecilia McInnis-Bowers (Rollins College)
Michelle J. Stecker (Rollins College)
Tonia L. Warnecke (Rollins College)
[View Abstract]
Social Impact from Outside versus Inside Entrepreneurs: When Institutions Bind and Favors Blind
Wilfred Dolfsma (Loughborough University in London )
Francis de Lanoy (University of Curacao)
[View Abstract]
Discussants:
Benjamin C. Wilson (State University New York-Cortland)

Jan 03, 2016 8:00 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Institutional Economic Thought and Analysis (B5, B1)
Presiding: Robert H. Scott III (Monmouth University)
Organizing Heterodoxy: On Fred Lee and Transnational Post-Keynesianism since the 1970s
Tiago Mata (University College London and Clarence Ayres Scholar)
[View Abstract]
Industrial Capitalism – What Veblen and Ayres add to Nef and Mantoux
Stephen C. Bannister (University of Utah)
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Evolutionary Drift and Loss of Information in the Evolution of Institutions
Torsten Heinrich (University of Bremen-Germany)
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Schumpeter’s Innovation, Financial Instability and the Business Enterprise
Scott L.B. McConnell (Eastern Oregon University)
[View Abstract]
Complex Systems Characteristics and Theoretical Development for Analysis inside Institutions
F. Gregory Hayden (University of Nebraska-Lincoln)
[View Abstract]

Jan 03, 2016 8:00 am, Marriott Marquis, Pacific B
Association for Social Economics
Job Guarantee: Issues in Social and Ecological Justice (J6, Q5)
Presiding: Michael J. Murray (Bemidji State University)
Public Works Program as a Strong Means for Land and Water Conservation in Iran
Zahra Karimi (University of Mazandaran)
[View Abstract]
Bioregional JG: The Creation of a New Social Ethos
Josefina Y. Li (University of Minnesota-Duluth)
[View Abstract]
Complementary Currencies, Communities, Cooperation: The Local Job Guarantee for Sustainable Prosperity
Mathew Forstater (University of Missouri-Kansas City)
[View Abstract]
Getting Serious about the Limits to Growth: ELR and Economic Restructuring under Decroissance
Hendrik Van den Berg (University of Nebraska–Lincoln)
[View Abstract]

Jan 03, 2016 8:00 am, Hilton Union Square, Sutter A & B
Association of Environmental & Resource Economists
Hedonic Models of Land Value and Amenities: Methods and Applications (Q5, Q4)
Presiding: Nicolai Kuminoff (Arizona State University)
Are Home Buyers Myopic? Evidence from Housing Sales
Erica Meyers (University of Illinois)
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What the Frac? Sand Mining and Transport-Induced Externalities
Alexey Kalinin (University of Wisconsin-Madison)
Dominic Parker (University of Wisconsin-Madison)
Corbett Grainger (University of Wisconsin-Madison)
Daniel Phaneuf (University of Wisconsin-Madison)
[View Abstract]
The Impacts of Climate Change on U.S. Agriculture: Accounting for Omitted Spatial Dependence in the Hedonic Approach
Ariel Ortiz-Bobea (Cornell University)
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Valuing Time-Varying Attributes Using the Hedonic Model: When is a Dynamic Approach Necessary?
Kelly C. Bishop (Arizona State University)
Alvin Murphy (Arizona State University)
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Discussants:
Jaren C. Pope (Brigham Young University)
Lucija Muehlenbachs (University of Calgary)
Wolfram Schlenker (Columbia University)
Ralph Mastromonaco (University of Oregon)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 15
Econometric Society
Advances in Contract and Tax Theory (A1)
Presiding: Lars Stole (University of Chicago)
Nonlinear Pricing with ''Average-Price'' Bias
Lars Stole (University of Chicago)
[View Abstract]
The Generalized Informativeness Principle
Pierre Chaigneau (HEC Montreal)
Alex Edmans (London Business School)
Daniel Gottlieb (Washington University in St Louis)
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Optimal Taxation with Behavioral Agents
Xavier Gabaix (New York Universitiy)
Emmanuel Farhi (Harvard University)
[View Abstract] [Download Preview]
Conflict and Compensation
Bentley MacLeod (Columbia University)
Teck Yong Tan (Columbia University)
[View Abstract]

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 14
Econometric Society
Firm-Level International Linkages (F1, F2)
Presiding: Andrew McCallum (Federal Reserve Board)
Multinational Firms and International Business Cycle Transmission
Javier Cravino (University of Michigan)
Andrei Levchenko (University of Michigan)
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Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tohoku Earthquake
Aaron Flaaen (Federal Reserve Board)
Christoph Boehm (University of Michigan)
Nitya Pandalai-Nayar (University of Michigan)
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Multinational Production and Intra-Firm Trade
Vanessa Alviarez (University of British Columbia)
Ayhab Saad (University of Michigan)
[View Abstract]
The Structure of Export Entry Costs
Andrew McCallum (Federal Reserve Board)
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Discussants:
Natalia Ramondo (University of California-San Diego)
Teresa Fort (Dartmouth College)
Kim Ruhl (New York University)
James Tybout (Pennsylvania State University)
Claudia Steinwender (Harvard Business School)

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 19
Econometric Society
Inequality and Education (A1)
Presiding: David Autor (Massachusetts Institute of Technology)
Education Production and Incentives
Hugh Macartney (Duke University)
Robert McMillan (University of Toronto)
Uros Petronijevic (University of Toronto)
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Leveling Up: Early Results from a Randomized Evaluation of Post-Secondary Aid
David Autor (Massachusetts Institute of Technology)
Joshua Angrist (Massachusetts Institute of Technology)
Sally Hudson (MIT)
Amanda Pallais (Harvard)
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Firming Up Inequality
Fatih Guvenen (University of Minnesota)
Nicholas Bloom (Stanford University)
David Price (Stanford University)
Jae Song (Social Security Administration)
Till Von Wachter (University of California-Los Angeles)
[View Abstract]
The Labor Market and the Marriage Market: How Adverse Employment Shocks Affect Marriage, Fertility, and Children's Living Circumstances
David Dorn (University of Zurich)
David Autor (Massachusetts Institute of Technology)
Gordon Hanson (University of California, San Diego)
[View Abstract] [Download Preview]

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 20
Econometric Society
Macro Labor (A1)
Presiding: Bart Hobijn (Federal Reserve Bank of San Francisco)
Changes in U.S. Household Labor-Force Participation by Household Income
Nicolas Petrosky-Nadeau (Federal Reserve Bank of San Francisco)
Robert Hall (STANFORD UNIVERSITY)
[View Abstract]
Grown-Up Business Cycles
Aysegul Sahin (Federal Reserve Bank of New York)
[View Abstract]
The Extent and Cyclicality of Career Changes: Evidence for the U.K.
Bart Hobijn (Federal Reserve Bank of San Francisco)
Carlos Carrillo-Tudela (Essex)
Ludo Visschers (The University of Edinburgh/Univ Carlos)
[View Abstract]
Labor Share Decline and Intellectual Property Products Capital
Dongya Koh (University of Arkansas)
Raul Santaeulalia-Llopis (Washington University-St. Louis)
Yu Zheng (City University of Hong Kong)
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Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 16
Econometric Society
Model Specification and Testing (A1)
Presiding: Christoph Rothe (Columbia University)
On the Value of Knowing the Propensity Score for Estimating Average Treatment Effects
Christoph Rothe (Columbia University)
[View Abstract]
Included Instruments
Xavier D'Haultfoeuille (CREST)
Stefan Hoderlein (Boston College)
Yuya Sasaki (Johns Hopkins University)
[View Abstract]
Estimation and Inference with a (Nearly) Singular Jacobian
Sukjin Han (University of Texas-Austin)
Adam McCloskey (Brown University)
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Uniform Asymptotic Risk of Averaging GMM Estimator Robust to Misspecification
Xu Cheng (University of Pennsylvania)
[View Abstract]
Is There an Optimal Weighting for Linear Inverse Problems?
Senay Sokullu (University of Bristol)
Jean-Pierre FLORENS (Toulouse School of Economics)
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Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 5 & 6
Econometric Society
Sovereign Debt and European Crisis (A1)
Presiding: Sebnem Kalemli-Ozcan (University of Maryland)
Uncertainty and Economic Activity: A Global Perspective
Alessandro Rebucci (Johns Hopkins University)
[View Abstract] [Download Preview]
The Slump in Europe
Robert Kollmann (European Center for Advanced Research in Economics and Statistics (ECARES), Université Libre de Bruxelles & CEPR)
Beatrice Pataracchia (European Commission, Joint Research Centre)
Rafal Raciborski (European Commission, DG ECFIN)
Marco Ratto (European Commission, Joint Research Centre)
Werner Roeger (European Commission, DG ECFIN)
Lukas Vogel (European Commission, DG ECFIN)
Jan in 't Veld (European Commission)
[View Abstract] [Download Preview]
Liquidity Shocks, Dollar Funding Costs, and the Bank Lending Channel During the European Sovereign Crisis
Andrei Zlate (Federal Reserve Bank of Boston)
Ricardo Correa (Board of Governors of the Federal Reserv)
Horacio Sapriza (Federal Reserve Board)
[View Abstract] [Download Preview]
Sovereign Debt Restructurings and the Short-Term Debt Curse
Tamon Asonuma (International Monetary Fund)
Dirk Niepelt (Study Center Gerzensee and University of Bern)
Romain Ranciere (International Monetary Fund)
[View Abstract]

Jan 03, 2016 8:00 am, Hilton Union Square, Union Square 17 & 18
Health Economics Research Organization
Aging and its Economic Consequences (J1, I1)
Presiding: Peter Orszag (Citigroup)
Long-Run Macroeconomic Effects of the Aging United States Population
Peter Orszag (Citigroup)
Ronald D. Lee (University of California-Berkeley)
[View Abstract] [Download Preview]
The Effects of Longevity Increases and Social Security Reform on Lifetime Benefits
Courtney Coile (Wellesley College)
[View Abstract] [Download Preview]
The Long-Term Benefits of Risk Prevention In The United States Elderly
Etienne Gaudette (University of Southern California)
Andrew Messali (University of Southern California)
David Agus (University of Southern California)
Dana P. Goldman (University of Southern California)
[View Abstract]
Discussants:
Jay Bhattacharya (Stanford University)
Alice Rivlin (Brookings Institution)
Lauren Nicholas (Johns Hopkins University)

Jan 03, 2016 8:00 am, Marriott Marquis, Sierra A
International Association for Feminist Economics
Development, Division of Labor, and Sexual Orientation (J1)
Presiding: Ann Mari May (University of Nebraska-Lincoln)
Labor Market, Care and Gender Equality: With Reference to Developing and Emerging Countries
Indira Hirway (Center For Development Alternatives)
[View Abstract]
The Relationship between LGBT Inclusion and Economic Development: An Analysis of Emerging Economies
M.V. Lee Badgett (University of Massachusetts-Amherst)
Sheila Nezhad (Headwaters Foundation for Justice)
Kees Waaldijk (University of Leiden)
Yana van der Muelen Rodgers (Rutgers University)
[View Abstract]
How Does the Gender Composition in Couples Affect the Division of Labor after Childbirth?
Ylva Moberg (Uppsala University)
[View Abstract]
Discussants:
Ann Mari May (University of Nebraska-Lincoln)
Marlene Kim (University of Massachusetts-Boston)

Jan 03, 2016 8:00 am, Marriott Marquis, Sierra H
International Banking, Economics and Finance Association
Banking Risk and Complexity (G2)
Presiding: Luigi Zingales (University of Chicago)
The Corporate Complexity of Global Systemically Important Banks
Jacopo Carmassi (CASMEF and LUISS University)
Richard Herring (University of Pennsylvania)
[View Abstract] [Download Preview]
Organizational Complexity and Liquidity Management in Global Banks
Nicola Cetorelli (Federal Reserve Bank of New York)
Linda Goldberg (Federal Reserve Bank of New York)
[View Abstract]
Complex Financial Institutions and Systemic Risk
Clas Wihlborg (Chapman University)
Elisa Luciano (University of Torino and Collegio Carlo Alberto)
[View Abstract] [Download Preview] [Download PowerPoint]
Dynamic Network Model of Unsecured Interbank Lending Market
Falk Bräuning (VU University Amsterdam and Tinbergen Institute)
Francisco Blasques (VU University Amsterdam and Tinbergen Institute)
Iman van Lelyveld (De Nederlandsche Bank)
[View Abstract] [Download Preview]
Discussants:
David Mayes (University of Auckland)
Ralph de Haas (European Bank for Reconstruction and Development)
Philip Strahan (Boston College)
Leonardo Gambacorta (Bank for International Settlements)

Jan 03, 2016 8:00 am, Parc 55, Davidson
Labor & Employment Relations Association
Aftermath of the Great Recession: Labor Markets in Flux (J2)
Presiding: William Spriggs (Howard University)
Has the Large Firm Training Advantage Declined During the 2000s?
Jeff Waddoups (University of Nevada-Las Vegas)
[View Abstract]
Skill Demands and Skill Mismatch in Fast-Growing Technical Occupations
Andrew Weaver (University of Illinois-Urbana-Champaign)
[View Abstract]
Area Economic Conditions and the Labor Market Outcomes of Americans in the Current Recovery
William McKinley Rogers III (Rutgers University)
[View Abstract] [Download Preview]
The Great Recession and Its Aftermath: What Role for Structural Changes?
Jesse Rothstein (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Robert Valletta (Federal Reserve Bank of San Francisco)
David Howell (New School)

Jan 03, 2016 8:00 am, Parc 55, Balboa
Labor & Employment Relations Association
Data Gold! Exploiting the Rich Research Potential of Lifetime Administrative Earnings Data Linked to the Census Bureau's Household SIPP Survey (J3)
Presiding: Jeannette Wicks-Lim (University of Massachusetts-Amherst)
Do Tax Incentives Increase 401(K) Retirement Saving? Evidence From the Adoption of Catch-Up Contributions
Matthew S. Rutledge (Boston College)
April Yanyuan Wu (Boston College and Mathematica Policy Research)
Francis Vitagliano (Boston College)
[View Abstract] [Download Preview]
Education, Earnings, and the Timing of Fertility
Lara Shore-Sheppard (Williams College)
[View Abstract]
Education, Gender, and Earnings Volatility: Evidence from SIPP Linked Administrative
Michael D. Carr (University of Massachusetts-Boston)
Emily E. Workers (University of Massachusetts-Boston)
[View Abstract]
Low-Wage Careers in a Changing Labor Market
Jeannette Wicks-Lim (University of Massachusetts-Amherst)
[View Abstract]
Discussants:
Ben Zipperer (Washington Center for Equitable Growth)
Lori Reeder (U.S. Census Bureau)

Jan 03, 2016 8:00 am, Hilton Union Square, Continental – Parlor 2
National Association for Business Economics/American Economic Association
The Equilibrium Real Interest Rate—Theory, Measurement, and Use in Monetary Policy (E5) (Panel Discussion)
Panel Moderator: George Kahn (Federal Reserve Bank of Kansas City)
Stephen D. Williamson (Federal Reserve Bank of St. Louis)
James D. Hamilton (University of California-San Diego)
John B. Taylor (Stanford University)
John C. Williams (Federal Reserve Bank of San Francisco)
Stephanie Schmitt-Grohe (Columbia University)

Jan 03, 2016 8:00 am, Marriott Marquis, Sierra I
Union for Radical Political Economics
Crises and Conflicts in the Global Economy (J5)
Presiding: Paddy Quick (St. Francis College-Brooklyn)
A Gender Perspective of the Crisis: The Italian Case
Giovanna Vertova (University of Bergamo)
[View Abstract] [Download Preview] [Download PowerPoint]
Labor Markets, Productivism, and Women’s Empowerment in Postapartheid South Africa
Jennifer Cohen (University of the Witwatersrand)
[View Abstract]
Precarity and No Resistance? Towards an Explanation of an Apparent Paradox in European Societies
Svenja Flechtner (European University Flensburg)
Gloria Kutscher (Vienna University of Economy and Business)
[View Abstract] [Download Preview]
“Erst kommt das Fressen” – Food Insecurity in the Time of Austerity
Charalampos Konstantinidis (University of Massachusetts-Boston)
[View Abstract]
Building Post-Capitalist Worlds: Zapatistas, Via Campesina and Other Rebellions
David Barkin (Universidad Autonoma Metropolitana-Xochimilco)
Blanca Lemus (Universidad Autonoma Metropolitana-Xochimilco)
[View Abstract] [Download Preview]
Discussants:
Esther Jeffers (University of Paris 8)
Elias Mouhoud Mouhoud (University of Paris Dauphine)
Özgür Orhangazi (Kadir Has University)

Jan 03, 2016 8:00 am, Marriott Marquis, Sierra J
Union for Radical Political Economics
Rethinking Macroeconomics: Microfoundations, Production Functions, and Policies (B4)
Presiding: Ann E. Davis (Marist University)
"On the Cobb–Douglas and All That...": The Solow–Simon Correspondence Over the Aggregate Neoclassical Production Function
Scott Carter (University of Tulsa)
[View Abstract]
Braaaaaaaaaains!!! The Undead Humbug Production Function: Now With Human Capital!
Michael Isaacson (New School)
[View Abstract] [Download Preview]
Consumer and Production Behavior: From Micro to Macro Without Utility Function or Rational Choice
Anwar Shaikh (New School)
Amr Ragab (Doha Institute for Graduate Studies)
[View Abstract]
Friendly as well as Unfriendly Commentators: The Lucas Critique Reconsidered
Katherine Moos (New School)
[View Abstract]
Discussants:
Noe Wiener (New School)
Kevin D. Hoover (Duke University)

Jan 03, 2016 10:15 am, Marriott Marquis, Walnut
African Finance & Economics Association
Human Capital Formation Role of Education, Health, and Food Security in African Economic Development (O1, O1)
Presiding: Diery Seck (Center for Research on Political Economy)
Foreign Aid, Access to Water and Sanitation and Implications for Health Outcomes in Sub-Saharan African Countries
Leonce Ndikumana (University of Massachusetts-Amherst)
Lynda Pickbourn (Hampshire College)
[View Abstract] [Download Preview]
On the Impact of Income Per Capita on Health Outcomes: Is Africa Different?
Elizabeth Asiedu (University of Kansas)
Neepa B. Gaekwad (University of Kansas)
Malokele Nanivazo (University of Kansas)
Mwanza Nkusu (International Monetary Fund)
Yi Jin (Monash University)
[View Abstract] [Download Preview]
Measuring Impacts of Health Insurance for the Poor: Bayesian Potential Outcomes Approach
Andinet Woldemichael (African Development Bank)
Abebe Shimeles (African Development Bank)
[View Abstract]
The Impacts of Improvements in the Delivery of Credit from Formal and Semi-Formal Institutions: Evidence from Ghana
Samuel Amponsah (Tokyo International University)
[View Abstract] [Download Preview]
Flop or a Success? An Evaluation of the Welfare Impacts of the 6-3-3-4 Education System in Nigeria
Ruth U. Oyelere (Emory University)
[View Abstract]
Effects of Agricultural Aid on Food Security
Kwabena Gyimah-Brempong (University of South Florida and IZA Bonn)
Margaret Adesugba (NSSP-IFPRI, Abuja, FCT Nigeria)
[View Abstract] [Download Preview]
Discussants:
Ruth U. Oyelere (Emory University)
Leonce Ndikumana (Depar University of Massachusetts-Amherst)
Kwabena Gyimah-Brempong (University of South Florida and IZA-Bonn)
Malokele Nanivazo (University of Kansas)

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Targeting Nutrient Pollution to Protect Inland and Coastal Waterways: Tradeoffs Between Agriculture and Aquatic Ecosystem Services (Q5)
Presiding: Joseph Herriges (Michigan State University)
The Implications of Environmental Policy on Nutrient Outputs in Agricultural Watersheds
Brent Sohngen (Ohio State University)
[View Abstract] [Download Preview]
Robust Optimization of Agricultural Conservation Investments to Cost-Efficiently Reduce the Northern Gulf of Mexico Hypoxic Zone
Catherine Kling (Iowa State University)
Sergey Rabotyagov (University of Washington)
Adriana Valcu-Lisman (Iowa State University)
Yongjie Ji (Iowa State University)
[View Abstract] [Download Preview]
Too Burdensome to Bid: Transaction Costs and Pay-for-Performance Conservation
Leah H. Palm-Forster (University of Delaware)
[View Abstract] [Download Preview]
The Agricultural Phosphorus Pollution Puzzle: Knowledge Gaps on Costs, Ecosystem Services, Values and Policy
Frank Lupi (Michigan State University)
[View Abstract]

Jan 03, 2016 10:15 am, Marriott Marquis, Pacific J
American Committee for Asian Economic Studies/American Economic Association
Money and Exchange Rates in Emerging Asia (F3, E5)
Presiding: Michael G. Plummer (Johns Hopkins University)
Do Central Banks Target the Exchange Rates? Recent Experience in Emerging Asia
Kunihiro Hirao (Kyoto University)
Akihiro Kubo (Osaka City University)
[View Abstract]
The Implications of Liquidity Expansion in China for the U.S. Dollar
Wensheng Kang (Kent State University)
Ronald A. Ratti (University of Western Sydney)
Joaquin L. Vespignani (University of Tasmania)
[View Abstract]
Global Food Prices and Business Cycle Dynamics in an Emerging Market Economy
Oliver Holtemöller (Martin Luther University)
Sushanta Mallick (Queen Mary University of London)
[View Abstract]
Dynamic Shift to a Basket-Peg or Floating Regime in East Asian Countries in Response to the People’s Republic of China’s Transition to a New Exchange Rate Regime
Naoyuki Yoshino (Asian Development Bank Institute)
Sahoko Kaji (Keio University)
Tamon Asonuma (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Reid Click (George Washington University)
Menzie D. Chinn (University of Wisconsin)
Michael G. Plummer (Johns Hopkins University)
Calla Wiemer (University of the Philippines)

Jan 03, 2016 10:15 am, Hilton Union Square, Franciscan C
American Economic Association
AEA/CSMGEP Dissertation Session (J1, I1)
Presiding: Rucker C. Johnson (University of California-Berkeley)
The Effects of Outside Options on Neighborhood Tipping Points
Peter Quatermaine Blair (University of Pennsylvania)
[View Abstract] [Download Preview]
The War on Drugs: Estimating the Effect of Prescription Drug Supply-Side Interventions
Angelica Meinhofer (Brown University)
[View Abstract] [Download Preview]
The Impact of Trade on Managerial Incentives & Productivity
Cristina Tello-Trillo (Yale University)
[View Abstract] [Download Preview]
Which New Yorkers Vote With Their Wallets? New York City Teacher Quality, Housing Prices, & Residential & School Demographics
Elizabeth Rivera Rodas (Rutgers University)
[View Abstract]
Discussants:
Rucker C. Johnson (University of California-Berkeley)

Jan 03, 2016 10:15 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Culture, Prosocial Behavior and Ethnicity (Z1)
Presiding: Khawaja Mamun (Sacred Heart University)
Is the Call to Prayer a Call to Cooperate? A Field Experiment on the Impact of Religious Salience on Prosocial Behavior
Erik Duhaime (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Does Culture Matter to Prosocial Behavior? Evidence from a Cross-Ethnic Lab Experiment
Xunzhou Ma (Southwest University for Nationalities)
Fengwei Sun (Southwest University for Nationalities)
Xiaoxiao Wang (Southwest University for Nationalities)
Quanlan Yi (Southwest University for Nationalities)
[View Abstract] [Download Preview] [Download PowerPoint]
Bargaining and Ethnicity: A Field Experiment with Students and Villagers
Pedro Pablo Romero (Universidad San Francisco de Quito)
Sebastián Oleas (Universidad San Francisco de Quito)
[View Abstract] [Download Preview]
National Culture and Income Inequality: A Cross–Country Analysis
Khawaja Mamun (Sacred Heart University)
Mohammad Elahee (Quinnipiac University)
Farid Sadrieh (Quinnipiac University)
[View Abstract] [Download Preview]
Discussants:
Khawaja Mamun (Sacred Heart University)
Pedro Pablo Romero (Universidad San Francisco de Quito)
Xunzhou Ma (Southwest University for Nationalities)
Erik Duhaime (Massachusetts Institute of Technology)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 25
American Economic Association
Determinants of Labor Supply (J2)
Presiding: Lee Lockwood (Northwestern University)
Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program
Daniel Fetter (Wellesley College)
Lee Lockwood (Northwestern University)
[View Abstract] [Download Preview]
The Effect of Wealth on Individual and Household Labor Supply: Evidence from Swedish Lotteries
David Cesarini (New York University)
Erik Lindqvist (Stockholm School of Economics)
Mathew J. Notowidigdo (Northwestern University)
Robert Ostling (Institutet för Internationell Ekonomi)
[View Abstract] [Download Preview]
Nonparametric Evidence on the Effects of Financial Incentives on Retirement Decisions
Dayanand Manoli (University of Texas-Austin)
Andrea Weber (University of Mannheim)
[View Abstract]
The Effect of Pension Income on Elderly Earnings: Evidence from the Social Security Notch and Full Population Data
Alexander Gelber (University of California-Berkeley)
Adam Isen (U.S. Department of the Treasury)
Jae Song (Social Security Administration)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Evaluating Survey Data Quality Using Administrative Records (C8)
Presiding: Christopher Bollinger (University of Kentucky)
The Wealth of Wealthholders
John Ameriks (Vanguard Group)
Andrew Caplin (New York University)
Minjoon Lee (University of Michigan)
Matthew Shapiro (University of Michigan)
Christopher Tonetti (Stanford University)
[View Abstract] [Download Preview]
Do Imputed Earnings Earn Their Keep? Evaluating SIPP Earnings and Non-Response with Administrative Records
Rebecca L. Chenevert (U.S. Census Bureau)
Mark A. Klee (U.S. Census Bureau)
Kelly R. Wilkin (U.S. Census Bureau)
[View Abstract] [Download Preview]
Measuring Levels and Trends in Earnings Inequality with Nonresponse, Imputations, and Topcoding
Christopher Bollinger (University of Kentucky)
Barry Hirsch (Georgia State University)
Charles Hokayem (Centre College)
James P. Ziliak (University of Kentucky)
[View Abstract] [Download Preview]
SRMI Multiple Imputation in the CPS ASEC
Charles Hokayem (Centre College)
Trivellore Raghunathan (University of Michigan)
Jonathan Rothbaum (U.S. Census Bureau)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Joanne Hsu (Federal Reserve Board)
David Johnson (U.S. Bureau of Economic Analysis)
Nikolas Mittag (CERGE-EI)
Jeff Larrimore (Federal Reserve Board)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 13
American Economic Association
Financial Stability (G2)
Presiding: Chiara Scotti (Federal Reserve Board)
Financial Stability and Optimal Interest-Rate Policy
Andrea Ajello (Federal Reserve Board)
Thomas Laubach (Federal Reserve Board)
David Lopez-Salido (Federal Reserve Board)
Taisuke Nakata (Federal Reserve Board)
[View Abstract] [Download Preview]
Systemic Risk, Contagion and Joint Default Probability: A Copula Approach
Jacob Kleinow (Freiberg University)
Fernando Moreira (University of Edinburgh)
[View Abstract]
From Financial to Real Economic Crisis – Evidence from Individual Firm-Bank Relationships in Germany
Martin Simmler (DIW Berlin and Oxford University)
Nadja Dwenger (Max Planck Institute for Tax Law and Public Finance)
Frank M. Fossen (Freie Universitaet-Berlin, DIW Berlin and IZA)
[View Abstract] [Download Preview]
International Banking Flows and "Bad" Credit Booms: Do Booms Go with the Flow?
Regina Martinez (George Washington University)
[View Abstract] [Download Preview]
Endogenous Uncertainty and Credit Crunches
Ludwig Straub (Massachusetts Institute of Technology)
Robert Ulbricht (Toulouse School of Economics)
[View Abstract] [Download Preview]
The Risky Capital of Emerging Markets
Ina Simonovska (University of California-Davis)
Joel M. David (University of Southern California)
Espen Henriksen (University of California-Davis)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Imperial A
American Economic Association
Gender Gaps in Childhood: Skills, Behavior, and Labor Market Preparedness (I2)
Presiding: David Autor (Massachusetts Institute of Technology)
Gender Differences in Intergenerational Mobility Across the U.S.
Raj Chetty (Harvard University)
Nathaniel Hendren (Harvard University)
[View Abstract]
Family Disadvantage and the Gender Gap in Behavioral and Educational Outcomes
David Autor (Massachusetts Institute of Technology)
David Figlio (Northwestern University)
Krzysztof Karbownik (University of Uppsula)
Jeffrey Roth (University of Florida)
Melanie Wasserman (Massachusetts Institute of Technology)
[View Abstract]
What Explains the Gender Gap in Education? Experimental and Administrative Evidence
Ingvild Almas (Norwegian School of Economics)
Alexander Cappelen (Norwegian School of Economics)
Kjell G. Salvanes (Norwegian School of Economics)
Erik Sorensen (Norwegian School of Economics)
Bertil Tungodden (Norwegian School of Economics)
[View Abstract] [Download Preview]
Discussants:
David Figlio (Northwestern University)
Melissa S. Kearney (University of Maryland)
Abigail Payne (McMaster University)

Jan 03, 2016 10:15 am, Hilton Union Square, Yosemite C
American Economic Association
Health, Education and Families (I1) (Poster Session)
Presiding: Magda Tsaneva (Clark University)
Estimating Hospital Choices when the True Choice Set is Unknown
Andrew Sfekas (Temple University)
Fertility and Early-Life Mortality: Evidence from Smallpox Vaccination in Sweden
Philipp Ager (University of Southern Denmark)
Casper Worm Hansen (University of Copenhagen)
Peter Sandholt Jensen (University of Southern Denmark)
[Download Preview]
Can Policy Interventions Mitigate Early Disadvantage? Evidence from Bundled Shocks in Colombia
Maria Rosales-rueda (University of California-Irvine)
Valentina Duque (Columbia University)
Fabio Sanchez (Universidad de los Andes)
'Til Death: Taxes and Students Loans
Kathryn Birkeland (University of South Dakota)
Samuel Raisanen (Central Michigan University)
Transgenerational Effects of Childhood Conditions on Third Generation Health and Education Outcomes
Pia Pinger (University of Bonn)
Gerard J. van den Berg (University of Mannheim, IFAU, and IZA)
The Effect Of Financial Literacy On Dissaving From Retirement Accounts, Before Retiring
Ashley Tharayil (Austin College)
William B. Walstad (University of Nebraska-Lincoln)
[Download Preview]
Enforcing Government Policy: Privatization and the Weakening Effects of China's One-child Policy
Hua Cheng (University of Texas-Austin)
[Download Preview]
Who Succeeds in Distance Learning? Evidence from Quantile Panel Data Estimation
Marigee Bacolod (Naval Postgraduate School)
Steve Mehay (Naval Postgraduate School)
Elda Pema (Naval Postgraduate School)
The Lazarus Drug: The Short-run Macroeconomic Impact of the Expansion of Access to Antiretroviral Therapy for HIV/AIDS
Anna Tompsett (Stockholm University)
[Download Preview]
The Effect of a Compressed High School Curriculum on University Performance
Michael Doersam (University of Konstanz)
Verena Lauber (University of Heidelberg)
[Download Preview]
Information Delivery, Nutrition and HIV Treatment: Evidence from a Randomized Field Experiment on Women Living with HIV in Uganda
Patrick Lubega (Makerere University)
Frances Nakakawa (Makerere University)
Gaia Narciso (Trinity College Dublin)
Carol Newman (Trinity College Dublin)
[Download Preview]
Intended College Enrollment and Educational Inequality: Do Students Lack Information?
Frauke Peter (DIW Berlin)
Vaishali Zambre (DIW Berlin)
Long-Term Effects of Access to Health Care: Medical Missions in Colonial India
Rossella Calvi (Boston College)
Federico G. Mantovanelli (Analysis Group)
[Download Preview]
How Does Daddy at Home Affect Marital Stability?"
Herdis Steingrimsdottir (Copenhagen Business School)
Arna Vardardottir (Copenhagen Business School)
[Download Preview]
Eating Healthy in Lean Times - The Relationship between Unemployment Levels and Grocery Purchasing Patterns
Jessica Rider (Government Accountability Office)
Sofia Villas-Boas (University of California-Berkeley)
Peter Berck (University of California-Berkeley)
[Download Preview]
The Effects of State Medicaid Expansions for Working-Age Adults on Senior Medicare Beneficiaries’ Healthcare Spending
Melissa McInerney (Tufts University)
Jennifer Mellor (College of William and Mary)
Lindsay Sabik (Virginia Commonwealth University)
[Download Preview]
The "Sort of" Americans: American Children of Undocumented Migrants
Anne Nathalie Le Brun (Harvard University)
[Download Preview]
Effects of Early Childhood Intervention on Fertility and Maternal Employment: Evidence from a Randomized Controlled Trial
Malte Sandner (Lower Saxony Institute for Economic Research (NIW) and Leibniz Universität Hannover)
[Download Preview]
The Effect of Health Insurance Mandate on Labor Market Activity and Time Allocation: Evidence from the Federal Dependent Coverage Provision
Vinish Shrestha (Emory University)
Otto Lenhart (Emory University)
[Download Preview]
Soda Consumption in the Tropics: The Trade-Off between Obesity and Diarrhea in Developing Countries
Patricia Ines Ritter Burga (University of Chicago)
[Download Preview]
Availability of School Resources, District Expenditure, and School Quality: Evidence from a Regression Discontinuity of School Property Tax Elections
Corbin Leonard Miller (Cornell University)
Jason Cook (Cornell University)
It’s (Still) a Man’s World: Why Marriage Market Competition in China is Bad for Women’s Welfare but Good for Fertility
Melissa A. Knox (University of Washington)
[Download Preview]
Unexpected Windfalls, Education, and Mental Health: Evidence from Lottery Winners in Germany
Christian Raschke (Sam Houston State University)
[Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Imperial B
American Economic Association
Information Design and Bayesian Persuasion (D7, D8)
Presiding: Drew Fudenberg (Harvard University)
Information Design and Multi-Player Bayesian Persuasion
Dirk Bergemann (Yale University)
Stephen Morris (Princeton University)
[View Abstract]
Credit Rating Inflation and Firms' Investment Behavior
Itay Goldstein (University of Pennsylvania)
Chong Huang (University of California-Irvine)
[View Abstract] [Download Preview]
Dynamic Multi-Agent Persuasion
Jeff Ely (Northwestern University)
[View Abstract]
A Rothschild-Stiglitz Approach to Bayesian Persuasion
Emir Kamenica (University of Chicago)
Matthew Gentzkow (Stanford University)
[View Abstract] [Download Preview]
Discussants:
Drew Fudenberg (Harvard University)
Laura Veldkamp (New York University)
Marina Halac (Columbia University)
Michael Woodford (Columbia University)

Jan 03, 2016 10:15 am, Hilton Union Square, Franciscan D
American Economic Association
Information, Expectations, and Education Choices I (D8, I2)
Presiding: Matthew Wiswall (Arizona State University)
Human Capital and Expectations about Career and Family
Matthew Wiswall (Arizona State University)
Basit Zafar (Federal Reserve Bank of New York)
[View Abstract]
College Attrition and the Dynamics of Information Revelation
Arnaud Maurel (Duke University)
Peter Arcidiacono (Duke University)
Esteban Aucejo (London School of Economics)
Tyler Ransom (Duke University)
[View Abstract] [Download Preview]
Beliefs, Information and the Education Plans of Middle School Children in the Dominican Republic
Christopher A. Neilson (Princeton University)
James W. Berry (Cornell University)
Lucas Coffman (Ohio State University)
Daniel Morales (IDEICE)
Ryan Cooper (Cientifika)
[View Abstract]
Discussants:
Adam Osman (University of Illinois-Urbana Champaign)
James W. Berry (Cornell University)
Eleanor W. Dillon (Arizona State University)

Jan 03, 2016 10:15 am, Hilton Union Square, Plaza A
American Economic Association
Institutional Transition with Application to Ukraine: Escape from the Post-Soviet Legacy (O1, P3) (Panel Discussion)
Panel Moderator: Yuriy Gorodnichenko (University of California-Berkeley)
Gerard Roland (University of California-Berkeley) Dealing with Corruption in Post Communist States
Erik Berglof (London School of Economics) Building the Architecture of Reform
Daniel Treisman (University of California-Los Angeles) How Russians See Ukraine: Evidence from Recent Surveys
Tymofiy Mylovanov (University of Pittsburgh) Structure of Political Competition in Ukraine
Yuriy Gorodnichenko (University of California-Berkeley) Macroeconomic Outlook for Ukraine
Jan Svejnar (Columbia University) Lessons from Ukraine from the Transition Economics of Central-East Europe

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 14
American Economic Association
Labor Productivity and Wage Determination (J3)
Presiding: Kara D. Smith (Belmont University)
Returns to ICT Skills
Oliver Falck (University of Munich)
Alexandra Heimisch (University of Munich)
Simon Wiederhold (Ifo Institute)
[View Abstract] [Download Preview]
The Long-Lasting Effect of Technological Change on the Careers of Young Workers: Evidence from Changes of Mandatory Training Regulations
Simon Janssen (Institute for Employment Research)
Jens Mohrenweiser (Bournemouth University)
[View Abstract] [Download Preview]
Do Agents Care for the Mission of their Job? A Field Experiment
Sabrina Jeworrek (IAAEU and University of Trier)
Vanessa Mertins (IAAEU and University of Trier)
[View Abstract] [Download Preview]
Transferability of Human Capital and Immigrant Assimilation: An Analysis for Germany
Anica Kramer (RWI and Ruhr University Bochum)
Thomas K. Bauer (RWI, Ruhr University Bochum, and IZA Bonn)
Leilanie Basilio (Ruhr University Bochum)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Yosemite B
American Economic Association
Macro, Money, and Finance (E5, G2)
Presiding: Markus K. Brunnermeier (Princeton University)
Gradualism in Monetary Policy: A Time-Consistency Problem?
Adi Sunderam (Harvard Business School)
Jeremy Stein (Harvard University)
[View Abstract] [Download Preview]
The Deposits Channel of Monetary Policy
Itamar Drechsler (New York University)
Alexi Savov (New York University)
Philipp Schnabl (New York University)
[View Abstract] [Download Preview]
Risk-Taking Dynamics and Financial Stability
Anton Korinek (Johns Hopkins University)
Martin Nowak (Harvard University)
[View Abstract] [Download Preview]
Monetary Shocks and Bank Balance Sheets
Pablo Kurlat (Stanford University)
Sebastian Di Tella (Stanford University)
[View Abstract] [Download Preview]
Discussants:
Valentin Haddad (Princeton University)
Samuel Hanson (Harvard Business School)
Martin Oehmke (Columbia University)
Skander Van den Heuvel (Federal Reserve Board)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 21
American Economic Association
Migration (J1)
Presiding: Fernando Lozano (Pomona College)
Education Policies and Migration across European Countries
Ainhoa Aparicio Fenoll (Collegio Carlo Alberto)
Zoe Kuehn (Universidad Autonoma de Madrid)
[View Abstract]
Risk Attitudes and Migration
Mehtap Akgüҫ (Center of European Policy Studies and IZA)
Xingfei Liu (Institute for the Study of Labor)
Massimiliano Tani (University of New South Wales-Canberra and IZA)
Klaus Zimmermann (University of Bonn and IZA)
[View Abstract] [Download Preview]
Why are Immigrants and the Children of Immigrants More Likely to Obtain a STEM Degree? The Role of English Proficiency
Pavel Dramski (Partnership for a New American Economy)
[View Abstract]
Do Immigrants Spur Offshoring? Firm-Level Evidence
Andreas Hatzigeorgiou (Ratio Institute)
Patrik Karpaty (Örebro University)
Richard Kneller (University of Nottingham)
Magnus Lodefalk (Örebro University)
[View Abstract] [Download Preview]
Expropriation with Hukou Change: Evidence from a Quasi-Natural Experiment
Massimiliano Tani (University of New South Wales-Canberra)
Xingfei Liu (IZA)
Mehtap Akgüҫ (Center of European Policy Studies and IZA)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Golden Gate 8
American Economic Association
Online Commerce (L1)
Presiding: David Reiley (Pandora)
Profitably Bundling Information Goods: Evidence from the Evolving Video Library of Netflix
Scott Hiller (Fairfield University)
[View Abstract] [Download Preview]
Online Shopping and Platform Design with Ex Ante Registration Requirements
Florian Morath (Max Planck Institute for Tax Law and Public Finance)
Johannes Muenster (University of Cologne)
[View Abstract] [Download Preview]
Markets for Leaked Information
Georg Weizsacker (Humboldt University Berlin)
Steffen Huck (WZB)
[View Abstract] [Download Preview]
Do Coupons Expand or Cannibalize Revenue? Evidence from an e-Market
Imke Reimers (Northeastern University)
Chunying Xie (NERA)
[View Abstract] [Download Preview]
The "Amazon Tax": Empirical Evidence from Amazon and Main Street Retailers
Brian Baugh (Ohio State University)
Itzhak Ben-David (Ohio State University)
Hoonsuk Park (Ohio State University)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Golden Gate 5
American Economic Association
Research in Economic Education: Efficacy of Interventions in Economic Education (A2)
Presiding: Sam Allgood (University of Nebraska-Lincoln)
Classroom Experiments: Is more more?
Tisha L.N. Emerson (Baylor University)
Linda K. English (Baylor University)
[View Abstract] [Download Preview]
Measuring the Effect of Blended Learning: Evidence from a Selective Liberal Arts College
Lauren Feiler (Carleton College)
Aaron Swoboda (Carleton College)
[View Abstract] [Download Preview]
The Impact of Challenge Quizzes on Student Knowledge
KimMarie McGoldrick (University of Richmond)
Peter W. Schuhmann (University of North Carolina-Wilimington)
[View Abstract]
A Randomized Assessment of Online Learning
William T. Alpert (University of Connecticut)
Kenneth A. Couch (University of Connecticut)
Oskar R. Harmon (University of Connecticut)
[View Abstract] [Download Preview]
Discussants:
Robert Rebelein (Vassar College)
William Bosshardt (Florida Atlantic University)
Wayne Grove (Le Moyne College)
Christiana E. Hilmer (San Diego State University)

Jan 03, 2016 10:15 am, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
Social Insurance Policy Over the Business Cycle: New Advances (E6, E3)
Presiding: Fatih Guvenen (University of Minnesota, Federal Reserve Bank of Minneapolis, and NBER)
The Optimal Use of Government Purchases for Macroeconomic Stabilization
Pascal Michaillat (London School of Economics)
Emmanuel Saez (University of California-Berkeley)
[View Abstract] [Download Preview]
Asymmetric Business Cycle Risk and Government Insurance
Christopher Busch (University of Cologne)
David Domeij (Stockholm School of Economics)
Fatih Guvenen (University of Minnesota, Federal Reserve Bank of Minneapolis, and NBER)
Rocio Madera (University of Minnesota)
[View Abstract] [Download Preview]
Optimal Automatic Stabilizers
Alisdair McKay (Boston University)
Ricardo Reis (Columbia University and NBER)
[View Abstract]
Taxes, Debts, and Redistributions with Aggregate Shocks
Anmol Bhandari (University of Minnesota)
David Evans (New York University)
Mikhail Golosov (Princeton University and NBER)
Thomas Sargent (New York University, Hoover Institution, and NBER)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 22
American Economic Association
Supranational Regulation and Supervision, Cross-Border Banking, and Systemic Risk (F3, G1)
Presiding: Manuel Buchholz (Halle Institute for Economic Research)
Cross-Border Regulatory Spillovers: How Much? How Important? A Project of the International Banking Research Network
Claudia M. Buch (Deutsche Bundesbank)
Linda Goldberg (Federal Reserve Bank of New York)
[View Abstract]
Cross-border banking cooperation: From actual to optimal arrangements
Thorsten Beck (City University London)
Consuelo Silva-Buston (Universidad Alberto Hurtado)
Wolf Wagner (Tilburg University)
[View Abstract] [Download Preview]
Drivers of Systemic Risk: Do National and European Perspectives Differ?
Claudia M. Buch (Deutsche Bundesbank)
Thomas Krause (Halle Institute for Economic Research)
Lena Tonzer (Halle Institute for Economic Research)
[View Abstract] [Download Preview]
Discussants:
John C. Driscoll (Federal Reserve Board)
Cathérine Koch (Bank for International Settlements)
Jana Ohls (Deutsche Bundesbank)

Jan 03, 2016 10:15 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Tax Experiments (H2, C9)
Presiding: Erzo F.P. Luttmer (Dartmouth College)
Shaming Tax Delinquents
Ricardo Perez-Truglia (Microsoft Research)
Ugo Troiano (University of Michigan)
[View Abstract] [Download Preview]
Demand for Redistribution in Large and Small Groups
Johanna Mollerstrom (George Mason University)
Dmitry Taubinsky (Harvard University)
[View Abstract]
Heuristic Perceptions of the Income Tax: Evidence and Implications
Alexander Robert Rees-Jones (University of Pennsylvania)
Dmitry Taubinsky (Harvard University)
[View Abstract]
Raising the Stakes: Experimental Evidence on the Endogeneity of Taxpayer Mistakes
Tatiana Homonoff (Cornell University)
Jacob Goldin (Princeton University)
Naomi Feldman (Federal Reserve Board)
[View Abstract] [Download Preview]
Discussants:
Stefanie Stantcheva (Harvard University)
David Seim (University of Toronto)
Judd Kessler (University of Pennsylvania)
Ugo Troiano (University of Michigan)

Jan 03, 2016 10:15 am, Hilton Union Square, Continental Ballroom 4
American Economic Association
The United States Economy: Where To From Here? (E2, F4)
Presiding: Dominick Salvatore (Fordham University)
U.S. Macro Policy in the Future
Olivier J. Blanchard (Peterson Institute for International Economics)
[View Abstract] [Download Preview]
Dealing with Long Term Deficits
Martin Feldstein (Harvard University)
[View Abstract] [Download Preview]
Central Banking: What’s Next?
Stanley Fischer (Federal Reserve Board)
[View Abstract]
How to Restore Equitable and Sustainable Economic Growth in the United States
Joseph Eugene Stiglitz (Columbia University)
[View Abstract]
Can We Restart the Recovery All Over Again?
John B. Taylor (Stanford University)
[View Abstract]
Discussants:
Dominick Salvatore (Fordham University)

Jan 03, 2016 10:15 am, Hilton Union Square, Plaza B
American Economic Association
Unfamiliar Psychologies: Applications of Behavioral Science Not Commonly Used in Economics (D3)
Presiding: Sendhil Mullainathan (Harvard University)
The Cognitive Accessibility of Crime: Behavioral Science and Criminal Behavior
Jens Ludwig (University of Chicago)
Anuj K. Shah (University of Chicago)
[View Abstract] [Download Preview]
The Psychology of Conflict and Reconciliation
Oeindrila Dube (New York University)
[View Abstract]
Beyond Beta-Delta: Understanding the Disconnect between Our Intentions and Our Actions
John Beshears (Harvard Business School)
Katherine L. Milkman (University of Pennsylvania)
[View Abstract]
Psychological Lives of the Poor
Sendhil Mullainathan (Harvard University)
Frank Schilbach (Massachusetts Institute of Technology)
Heather Schofield (University of Pennsylvania)
[View Abstract]
Discussants:
Stefano DellaVigna (University of California-Berkeley)
Ulrike Malmendier (University of California-Berkeley)
James A. Robinson (Harvard University)
Richard Thaler (University of Chicago)

Jan 03, 2016 10:15 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Weather and United States Economic Activity (E2, Q5)
Presiding: Francois Gourio (Federal Reserve Bank of Chicago)
Does the Environment Still Matter? Daily Temperature and Income in the United States
Tatyana Deryugina (University of Illinois-Urbana-Champaign)
Solomon M. Hsiang (University of California-Berkeley)
[View Abstract] [Download Preview]
Weather Adjusting Employment Data
Michael Boldin (Federal Reserve Bank of Philadelphia)
Jonathan H. Wright (Johns Hopkins University)
[View Abstract]
Weather and Climate Data Sets Useful for Economic Modeling
Michael Squires (National Oceanic and Atmospheric Administration)
[View Abstract] [Download Preview]
Estimating Weather Effects
Francois Gourio (Federal Reserve Bank of Chicago)
Justin Bloesch (Federal Reserve Bank of Chicago)
[View Abstract]
Discussants:
Olivier Deschenes (University of California-Santa Barbara)
William Wascher (Federal Reserve Board of Governors)
Marshall Burke (Stanford University)
Daniel Wilson (Federal Reserve Bank of San Francisco)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
CEOs/CFOs/Boards (G3)
Presiding: Carola Frydman (Northwestern University)
Knighthoods, Damehoods and CEO Behaviour
Konrad Raff (Norwegian School of Economics)
Linus Siming (Università Bocconi and IGIER)
[View Abstract] [Download Preview]
The Contract Year Phenomenon in the Corner Office: An Analysis of Firm Behavior During CEO Contract Renewals
Ping Liu (University of Illinois-Urbana-Champaign)
Yuhai Xuan (University of Illinois-Urbana-Champaign)
[View Abstract]
Playing it Safe? Managerial Preferences, Risk, and Agency Conflicts
Todd Gormley (University of Pennsylvania)
David Matsa (Northwestern University)
[View Abstract] [Download Preview]
Discussants:
Geoffrey Tate (University of North Carolina)
Dirk Jenter (Stanford University)
Joshua Rauh (Stanford University)

Jan 03, 2016 10:15 am, Marriott Marquis, Nob Hill A & B
American Finance Association
Environmental Information and Asset Pricing (G1)
Presiding: Augustin Landier (Toulouse School of Economics)
SRI Funds: Investor Demand, Exogenous Shocks and ESG Profiles
Jedrzej Bialkowski (University of Canterbury)
Laura Starks (University of Texas-Austin)
[View Abstract] [Download Preview]
Do Analysts Curb Corporate Social Irresponsibility? Evidence from Natural Experiments
Hui Dong (Shanghai University of Finance and Economics)
Lin Chen (University of Hong Kong)
Xintong Zhan (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
Climate Change and Firm Valuation: Evidence from a Quasi-Natural Experiment
Philipp Krueger (University of Geneva and Swiss Finance Institute)
[View Abstract]
Discussants:
Sebastien Pouget (Toulouse School of Economics)
Leonard Kostovetsky (Boston College)
Kelly Shue (University of Chicago)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Equity Factors (G1)
Presiding: Stefan Nagel (University of Michigan)
Leverage Constraints and Asset Prices: Insights from Mutual Fund Risk Taking
Oliver Boguth (Arizona State University)
Mikhail Simutin (University of Toronto)
[View Abstract]
The Level, Slope and Curve Model for Stocks
Charles Clarke (University of Connecticut)
[View Abstract] [Download Preview]
Lucky Factors
Campbell Harvey (Duke University)
Yan Liu (Texas A&M University)
[View Abstract] [Download Preview]
Discussants:
Dong Lou (London School of Economics)
Serhiy Kozak (University of Michigan)
Bryan Kelly (University of Chicago)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salon 8
American Finance Association/American Economic Association
Is the Refereeing Process Broken? Perspectives of Top-Journal Editors (A1) (Panel Discussion)
Panel Moderator: David Hirshleifer (University of California-Irvine)
Liran Einav (Stanford University)
Glenn Ellison (Massachusetts Institute of Technology)
Pinelopi Goldberg (Yale University)
David Hirshleifer (University of California-Irvine)
Preston McAfee (Microsoft)
Toni M. Whited (University of Michigan)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Liquidity, Frictions, and Limits to Arbitrage (G1)
Presiding: Nicolae Garleanu (University of California-Berkeley )
Government Intervention and Arbitrage
Paolo Pasquariello (University of Michigan)
[View Abstract] [Download Preview]
Financial Intermediation Chains in an OTC Market
Ji Shen (London School of Economics)
Bin Wei (Federal Reserve Bank of Atlanta)
Hongjun Yan (Yale University)
[View Abstract] [Download Preview]
The Shorting Premium and Asset Pricing Anomalies
Itamar Drechsler (New York University )
Freda Drechsler (University of Pennsylvania)
[View Abstract] [Download Preview]
Dash for Cash: Month-End Liquidity Needs and the Predictability of Stock Returns
Erkko Etula (Goldman, Sachs & Co.)
Kalle Rinne (University of Luxembourg)
Matti Suominen (Aalto University )
Lauri Vaittinen (Mandatum Life)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Dmitry Livdan (University of California-Berkeley)
Pierre-Olivier Weill (University of California-Los Angeles)
Jianfeng Yu (University of Minnesota)
David Sraer (University of California-Berkeley)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Macroprudential Regulation and Financial Crises (Sponsored by the U.S. Office of Financial Research) (G2)
Presiding: Gregory Feldberg (U.S. Office of Financial Research)
Beyond Capital Regulation: An Underestimated Risk Source
Frederic Schweikhard (University of Oxford)
Zoe Tsesmelidakis (University of Oxford)
[View Abstract]
Decision-Making During the Crisis: Did the Treasury Let Commercial Banks Fail?
Ettore Croci (Università Cattolica del Sacro Cuore di Milano)
Gerard Hertig (ETH Zurich)
Eric Nowak (University of Lugano and Swiss Finance Institute)
[View Abstract] [Download Preview]
Does Lack of Financial Stability Impair the Transmission of Monetary Policy?
Viral Acharya (New York University )
Bjorn Imbierowicz (Copenhagen Business School)
Sascha Steffen (University of Mannheim and ZEW)
Daniel Teichmann (Goethe University-Frankfurt)
[View Abstract] [Download Preview]
Discussants:
Mark Flannery (Securities Exchange Commission)
Allen Berger (University of South Carolina)
Jamie McAndrews (Federal Reserve Bank of New York)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
R&D, Patents and Innovation (G3)
Presiding: Gustavo Manso (University of California-Berkeley)
Do Stock Markets Promote Innovation? Evidence from the Enforcement of Insider Trading Laws
Ross Levine (University of California-Berkeley)
Lin Chen (University of Hong Kong)
Lai Wei (University of Hong Kong)
[View Abstract] [Download Preview]
Top Management Human Capital, Inventor Mobility, and Corporate Innovation
Thomas Chemmanur (Boston College)
Lei Kong (Boston College)
Karthik Krishnan (Northeastern University)
Qianqian Yu (Boston College)
[View Abstract] [Download Preview]
Unleashing Innovation
Yifei Mao (Cornell University)
Xuan Tian (Indiana University)
Xiaoyun Yu (Indiana University)
[View Abstract] [Download Preview]
Competition and R&D Financing Decisions: Evidence from the Biopharmaceutical Industry
Richard Thakor (Massachusetts Institute of Technology)
Andrew Lo (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Amit Seru (University of Chicago)
Michael Ewens (California Institute of Technology)
Shai Bernstein (Stanford University)
Matthew Rhodes-Kropf (Harvard University)

Jan 03, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Raising Capital (G3)
Presiding: N.R. Prabhala (University of Maryland-College Park and CAFRAL)
The U.S. listing gap (formerly, Why Does the U.S. Have So Few Listed Firms?)
Craig Doidge (University of Toronto)
Andrew Karolyi (Cornell University)
Rene Stulz (Ohio State University)
[View Abstract] [Download Preview]
Institutional Bidding in IPO Allocation: Evidence from China
Jerry Cao (Singapore Management University)
Tiecheng Leng (Lingnan College, Sun Yat-sen University)
Bo Liu (University of Electronic Science and Technology of China)
William Megginson (University of Oklahoma)
[View Abstract] [Download Preview] [Download PowerPoint]
The Real Effects of Equity Issuance Frictions
Matthew Gustafson (Pennsylvania State University)
Peter Iliev (Pennsylvania State University)
[View Abstract] [Download Preview]
Discussants:
Jonathan Reuter (Boston College)
N.R. Prabhala (University of Maryland-College Park and CAFRAL)
Joan Farre-Mensa (Harvard Business School)

Jan 03, 2016 10:15 am, Parc 55, Mission I
American Real Estate & Urban Economic Association
Banking (G2, R3)
Presiding: Erwin Quintin (University of Wisconsin)
Bank Competition, Credit Supply, and Risk-Taking: Evidence from the Real Estate Market
Yongqiang Chu (University of South Carolina)
[View Abstract]
Under the Lender's Looking Glass
Mariya Letdin (Florida State University)
[View Abstract] [Download Preview]
Tracing Out Capital Flows: How Financially Integrated Banks Respond to Natural Disasters
Kristle Cortes (Federal Reserve Bank of Cleveland)
Philip Strahan (Boston College)
[View Abstract] [Download Preview]
Banking, Geographic Restrictions and Consumer Bankruptcy: A Closer Examination
Chintal Desai (Virginia Commonwealth University)
David Downs (Virginia Commonwealth University)
[View Abstract] [Download Preview]
Discussants:
Daniel Carvalho (University of Southern California)
Moussa Diop (University of Wisconsin)
Matthieu Chavaz (Bank of England)
Manuel Adelino (Duke University)

Jan 03, 2016 10:15 am, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Liquidity in Real Estate Markets (R3, E5)
Presiding: Robert Connolly (University of North Carolina-Chapel Hill)
Shadow Inventory, Liquidity Constraints, and the Impact on Home Prices
Zhenguo Lin (Florida International University)
Ping Cheng (Florida Atlantic University)
Yingchuan Liu (Florida International University)
[View Abstract]
Volatility and Liquidity in the Real Estate Market
Zhenguo Lin (Florida International University)
Xin He (Dongbei University of Finance and Economics)
Yingchuan Liu (Florida International University)
[View Abstract]
Unconventional Monetary Policy and U.S. Housing Market Dynamics
Jay Sa-Aadu (University of Iowa)
Yao-Min Chiang (National Taiwan University)
James D. Shilling (DePaul University)
[View Abstract] [Download Preview]
Sex and Selling: Real Estate Agent Gender, Bargaining, House Price and Liquidity
Bennie D. Waller (Longwood University)
Duong Pham (University of Central Florida)
Geoffrey Turnbull (University of Central Florida)
[View Abstract] [Download Preview]
Discussants:
Steve Slezak (University of Cincinnati)
Andrea Heuson (University of Miami)
Rodney Ramcharan (University of Southern California)
John Clapp (University of Connecticut)

Jan 03, 2016 10:15 am, Parc 55, Powell I
American Real Estate & Urban Economic Association
Securitization (G2, D5)
Presiding: Scott Frame (Federal Reserve Bank of Atlanta)
The Other (Commercial) Real Estate Boom and Bust: The Effects of Risk Premia and Regulatory Capital Arbitrage
David Ling (University of Florida)
John V. Duca (Federal Reserve Bank of Dallas)
[View Abstract]
CMBS and Conflicts of Interest: A Natural Experiment in Servicer Ownership
Maisy Wong (University of Pennsylvania)
[View Abstract] [Download Preview]
A Theory of Subprime Mortgage Lending, with Applications to the Rise and Fall of the Subprime Conduit Market
Jaime Luque (University of Wisconsin-Madison)
Timothy Riddiough (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Complexity in Structured Finance: Financial Wizardry or Smoke and Mirrors?
Rossen Valkanov (University of California-San Diego)
Andra Ghent (Arizona State University)
Walter Torous (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
James Wilcox (University of California-Berkeley)
Kristopher Gerardi (Federal Reserve Bank of Atlanta)
Wayne Passmore (Federal Reserve Board)
Craig Furfine (Northwestern University)

Jan 03, 2016 10:15 am, Parc 55, Market Street
Association for Comparative Economic Studies
Institutions, Markets, and International Trade in the Transitional Economies and Around the World (P5, O1) (Poster Session)
Presiding: Michael Alexeev (Indiana University-Bloomington)
The Impact of Oil-Shocks, Counter-Shock Policies and Institutions on the Decreasing Growth in Russia
Masaaki Kuboniwa (Hitotsubashi University)
[Download Preview]
Does Institutional Development Matter for Nutrition? A Dynamic Panel Study of the Effects on Caloric Intake
Nadia Doytch (City University of New York-Brooklyn College and City University of New York-Graduate Center)
Dhaval Dave (Bentley University and NBER)
Inas Rashad Kelly (Queens College-City University of New York and NBER)
Schooling Forsaken: Education, Migration and Remittances (Migration, Education and Brain Loss)
Ilhom Abdulloev (Open Society Institute Assistance Foundation in Tajikistan and IZA-Bonn)
Gil S. Epstein (Bar-Ilan University, CReAM-London and IZA-Bonn)
Ira N. Gang (Rutgers University, CReAM-London, IOS Regensburg and IZA-Bonn)
Land Costs, Government Power, and Migration of Firms: The Case of China
Zhigang Li (AnShun Research Institute)
Jia Yuan (University of Macau)
Trade, Factor Endowments and Income Inequality: Evidence from China
Yanyan Xiong (Southeast University)
Shengdan Zhang (Southeast University)
[Download Preview]
(In)efficiency of Nontradable Sectors as an Important Determinant of Exporting Firms' Efficiency: Evidence from a Panel of European Firms
Polona Domadenik (University of Ljubljana)
Aleš Gorišek (University of Ljubljana)
Janez Prašnikar (University of Ljubljana)
[Download Preview]
Patent, Innovation and Market Structure: Evidence from Pharmaceutical Industry in China
Lihong Yang (Renmin University of China)
Investigating First-Stage Exchange Rate Pass-Through: Macro and Sectoral Evidence from 12 Euro Area Countries
Christophe Rault (Laboratoire d'Economie d'Orléans, CESifo, IZA and William Davidson Institute)
Nidhaleddine Ben Cheikh (ESSCA School of Management)
Toothless Reforms? The Remarkable Stability of Female Labor Force Participation in a Top-Reforming Country
Maka Chitanava (ISET-PI and Tbilisi State University)
Norberto Pignatti (Tbilisi State University)
Karine Torosyan (Tbilisi State University)
Inflation Persistence Around the World
Evžen Kočenda (Charles University)
Balázs Varga (Corvinus University)
The Intergenerational Transmission of Entrepreneurial Propensities: Comparative Evidence from Pre- to Post-Communism in Eastern Europe, Russia, and China
John S. Earle (George Mason University, IZA, and Central European University)
Kyung-Min Lee (George Mason University)
[Download Preview]
Is Privatization Working in Ukraine? New Estimates from Comprehensive Manufacturing Firm Data, 1989-2013
J. David Brown (U.S. Census Bureau and IZA-Bonn)
John S. Earle (George Mason University, IZA, and Central European University)
Solomiya Shpak (George Mason University)
Volodymyr Vakhitov (Kyiv School of Economics, Ukraine)
[Download Preview]

Jan 03, 2016 10:15 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Why Labor Is Not Like Broccoli: Session in Honor of Robert E. Prasch III (B5, J1)
Presiding: Barbara Wiens-Tuers (Pennsylvania State University-Altoona)
Commodification of Labor, Teaching, and Higher Education
Dell P. Champlin (Oregon State University)
Janet T. Knoedler (Bucknell University)
[View Abstract] [Download Preview]
Institutionalist Theories of the Wage Bargain: Beyond Demand and Supply
Daphne T. Greenwood (University of Colorado-Colorado Springs)
[View Abstract] [Download Preview]
John Kenneth Galbraith on Labor Market Institutions
Richard P.F. Holt (Southern Oregon University)
[View Abstract]
Inside Institutions: The Contemporary Significance of the Employment Relationship
Janice A. Peterson (California State University-Fresno)
[View Abstract]
How Important are Institutions? A Cross-Country Comparison GDP, Employment and Job Quality in the Aftermath of the Great Recession
David Howell (New School)
[View Abstract]

Jan 03, 2016 10:15 am, Marriott Marquis, Pacific B
Association for Social Economics
Great Thinkers on Ethics, Economics, and Financial Markets (A1, D6)
Presiding: Jonathan Wight (University of Richmond)
The Space Between Choice and Our Models of It: Practical Wisdom and Normative Economics
Andrew M. Yuengert (Pepperdine University)
[View Abstract] [Download Preview]
Kant on Modern Finance: Are We Treating People Simply as Means?
Mark D. White (City University of New York-College of Staten Island)
[View Abstract]
Faction and the Warping of Moral Imagination: When Trade Becomes a Zero Sum
Sandra J. Peart (University of Richmond)
David M. Levy (George Mason University)
[View Abstract] [Download Preview]
Financialization and Economic Democracy
Robert McMaster (University of Glasgow)
Andrew Cumbers (University of Glasgow)
[View Abstract]
Comparing Adam Smith to J.M. Keynes on Financial Markets
Jonathan Wight (University of Richmond)
[View Abstract]

Jan 03, 2016 10:15 am, Hilton Union Square, Sutter A & B
Association of Environmental & Resource Economists
Microeconomics of Technology Adoption (Q5)
Presiding: Katrina Jessoe (University of California-Berkeley)
An RCT of RCTs: Climate Change Adaptation through Resource Conserving Technologies (RCTs)
Paul Ferraro (Johns Hopkins University)
Francisco Álpizar (Centro Agronómico Tropical de Investigación y Enseñanza)
María Bernedo (Georgia State University)
[View Abstract]
Measuring the Accuracy of Engineering Models in Predicting Energy Savings from Home Retrofits: Evidence from Monthly Billing Data
Joseph Maher (Resources for the Future)
[View Abstract] [Download Preview]
Do Decentralized Community Treatment Plants Provide Clean Water? Evidence from Andhra Pradesh
Marc Jeuland (Duke University)
Marcella McClatchey (Booz Allen Hamilton)
Sumeet Patil (University of California-Berkeley)
Subhrendu Pattanayak (Duke University)
Christine Poulos (RTI International)
[View Abstract] [Download Preview]
Economics of a Light Bulb: Experimental Evidence on CFLs and End-User Behavior
Robyn Meeks (University of Michigan)
Eliana Carranza (World Bank)
[View Abstract] [Download Preview]
Discussants:
Katrina Jessoe (University of California-Davis)
Meredith Fowlie (University of California-Berkeley)
Yaniv Stopnitzky (University of San Francisco)
Judson Boomhower (University of California-Berkeley)

Jan 03, 2016 10:15 am, Parc 55, Divisadero
Chinese Economic Association in North America/American Economic Association
Innovation, Growth and Development (O3, O1)
Presiding: Ping Wang (Washington University-St. Louis)
How Destructive is Innovation?
Daniel Garcia-Macia (Stanford University)
Chang-Tai Hsieh (University of Chicago)
Peter J. Klenow (Stanford University)
[View Abstract]
Corruption in Growth Theory
Costas Azariadis (Washington University-St. Louis)
[View Abstract]
Innovation and Imitation in a Product-Cycle Model with FDI and Cash-in-Advance Constraints
Hung-Ju Chen (National Taiwan University)
[View Abstract]
To Stay or to Migrate? The One-Child Policy, Work-Based Migration and Land Entitlement in China
Pei-Ju Liao (Academia Sinica)
Ping Wang (Washington University-St. Louis)
Yin-Chi Wang (Chinese University of Hong Kong)
Chong Kee Yip (Chinese University of Hong Kong)
[View Abstract]
Discussants:
Been-Lon Chen (Academia Sinica)
Zheng Song (Chinese University of Hong Kong)
Minchung Hsu (National Graduate Institute for Policy Studies, Japan)
Douglas Almond (Columbia University)

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra A
Chinese Economists Society
Inequality in Education Within and Across Households in China (I2)
Presiding: Albert Park (Hong Kong University of Science and Technology)
Sorting, School Performance and Quality: Evidence from China
Yang Song (Colgate University)
[View Abstract] [Download Preview]
Peer Effects in Computer Assisted Learning: Evidence from a Randomized Experiment
Marcel Fafchamps (Stanford University and NBER)
Di Mo (Stanford University)
[View Abstract] [Download Preview]
Maternal Bargaining Power, Parental Compensation and Non-Cognitive Skills in Rural China
Elaine Liu (University of Houston and NBER)
Jessica Leight (Williams College)
[View Abstract] [Download Preview]
Discussants:
Jessica Leight (Williams College)
Paul Glewwe (University of Minnesota)
Chih Ming Tan (University of North Dakota)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 24
Cliometric Society
New Wine in Old Bottles: Capitalism, Monetary Policy, Panics and War (N4)
Presiding: Claude Diebolt (University of Strasbourg)
The ‘New History of Capitalism’ and Slavery
Paul Rhode (University of Michigan)
Alan Olmstead (University of California-Davis)
[View Abstract]
The Taylor Rule in the 1920s
Alexander Field (Santa Clara University)
[View Abstract] [Download Preview]
How to Prevent a Banking Panic: The Barings Crisis of 1890
Eugene White (Rutgers University)
[View Abstract]
The Irrational Rationality of War and Economics
Roger Ransom (University of California-Riverside)
[View Abstract]
Discussants:
Robert Margo (Boston University)
Michael Haupert (University of Wisconsin-La Crosse)
Jon Moen (University of Mississippi)
Claude Diebolt (University of Strasbourg)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 16
Econometric Society
Advances in Asset Pricing (A1)
Presiding: Peter Kondor (London School of Economics)
Efficiently Inefficient Markets for Assets and Asset Management
Lasse Pedersen (Copenhagen Business School and New York University)
Nicolae Garleanu (University of California, Berkeley)
[View Abstract]
Investor Protection and Asset Prices
Georgy Chabakauri (London School of Economics)
Suleyman Basak (London Business School)
M. Deniz Yavuz (Purdue University)
[View Abstract] [Download Preview]
Liquidity Risk and the Dynamics of Arbitrage Capital
Peter Kondor (London School of Economics)
Dimitri Vayanos (London School of Economics)
[View Abstract] [Download Preview]
An Equilibrium Model of Institutional Demand and Asset Prices
Motohiro Yogo (Princeton University)
Ralph Koijen (London Business School)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 19
Econometric Society
Contracting (A1)
Presiding: Anjan Thakor (Washington University in St. Louis)
Credit Enforcement and Firm Boundaries: Evidence from Brazil
Janis Skrastins (London Business School)
[View Abstract] [Download Preview]
The Separation of Firm Ownership and Management: A Reputational Perspective
Thomas A. Rietz (University of Iowa)
Thomas Noe (Said Business School)
Michael Rebello (MIchael Rebello University of Texas-Dallas)
[View Abstract] [Download Preview]
Disagreement in Optimal Security Design
Juan Ortner (Boston University)
Martin C. Schmalz (University of Michigan)
[View Abstract] [Download Preview]
The Effect of Cash Injections: Evidence from the 1980s Farm Debt Crisis
Rajkamal Iyer (Massachusetts Institute of Technology)
Nittai Bergman (Massachusetts Institute of Technology)
Richard Thakor (Massachusetts of Technology)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 3 & 4
Econometric Society
Econometrics of Networks (A1)
Presiding: Arthur Lewbel (Boston College)
A Weak Law for Moments of Pairwise-Stable Networks
Michael Leung (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Identifying and Estimating Social Connections from Outcome Data
Aureo de Paula (University College London)
Imran Rasul (University College London)
Pedro CL Souza (Pontifical Catholic University of Rio de Janeiro)
[View Abstract]
Estimation of Large Network Formation Games
Shuyang Sheng (University of California-Los Angeles)
Geert Ridder (University of Southern California)
[View Abstract] [Download Preview]
Necessary Luxuries: A New Social Interactions Model, Applied to Keeping Up With the Joneses in India
Arthur Lewbel (Boston College)
Sam Norris (Northwestern University)
Krishna Pendakur (Simon Fraser University)
Xi Qu (Shanghai Jiao Tong University)
[View Abstract] [Download Preview]
Wage Dynamics and Peer Referrals
Vincent Boucher (Université Laval)
Marion Gousse (Universit ?e Laval)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 5 & 6
Econometric Society
JBES Invited Session (A1)
Presiding: Todd Clark (Federal Reserve Bank of Cleveland)
In-Sample Inference and Forecasting in Misspecified Factor Models
Barbara Rossi (Universitat Pompeu Fabra)
Marine Carrasco (University of Montreal)
[View Abstract] [Download Preview]
Discussants:
Xu Cheng (University of Pennsylvania)
Domenico Giannone (Federal Reserve Bank of New York)
James Stock (Harvard University)
Norman Swanson (Rutgers University)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 15
Econometric Society
Political Economy in Developing Economies (A1)
Presiding: Sandip Sukhtankar (Dartmouth College)
Democracy and Demography: Societal Effects of Fertility Limits on Local Leaders
S. Anukriti (Boston College)
Abhishek Chakravarty (University of Essex)
[View Abstract] [Download Preview]
Colonial Legacy, State Building and the Salience of Ethnicity in Sub-Saharan Africa
Abdulaziz Shifa (Syracuse University)
Merima Ali (Chr. Michelsen Institute)
Odd-Helge Fjeldstad (Chr. Michelsen Institute)
Boqian Jiang (Syracuse University)
[View Abstract] [Download Preview]
Politics and Real Firm Activity: Evidence from Distortions in Bank Lending in India
Nitish Kumar (University of Chicago)
[View Abstract] [Download Preview]
Understanding Foreign Currency Borrowing by Firms: Evidence from India
Nirvikar Singh (University of California-Santa Cruz)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 20
Econometric Society
The New Firm Dynamics of Business Cycle Fluctuations (A1)
Presiding: Steven J. Davis (University of Chicago)
The Slow Growth of New Plants: Learning About Demand?
Chad Syverson (University of Chicago)
[View Abstract] [Download Preview]
Declining Dynamism: The Role of Credit Conditions
John Haltiwanger (University of Maryland)
Steven J. Davis (University of Chicago)
[View Abstract] [Download Preview]
Does ‘Performance Pay’ Pay? The Effects of Contract Structure on Firm Dynamics, 2004-2014
Christos Makridis (Stanford University)
Maury Gittleman (U.S. Bureau of Labor Statistics)
[View Abstract] [Download Preview]
Employment Cyclicality and Firm Quality
Lisa Kahn (Yale University)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra B
Economic Science Association
Economics Experiments on Networks (C9, D3)
Presiding: Gary Charness (University of California-Santa Barbara)
Trading in Networks
Syngjoo Choi (University College London)
Andrea Galeotti (University of Essex)
Sanjeev Goyal (University of Cambridge)
[View Abstract] [Download Preview]
Communication and (Non)-Equilibrium Selection
Gary Charness (University of California-Santa Barbara)
Francesco Feri (University of London-Royal Holloway)
Miguel Melendez (University of Malaga)
Matthias Sutter (University of Innsbruck)
[View Abstract]
Strategic Communication and Learning in Networks
Abhijit Banerjee (Massachusetts Institute of Technology)
Emily Breza (Columbia University)
Arun Chandrasekhar (Stanford University)
Esther Duflo (Massachusetts Institute of Technology)
Matthew O. Jackson (Stanford University)
[View Abstract]
Competition for Status Creates Superstars: An Experiment on Public Good Provision and Network Formation
Theo Offerman (University of Amsterdam)
Arthur Schram (University of Amsterdam)
Boris van Leeuwen (Institute for Advanced Study in Toulouse )
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Hilton Union Square, Continental – Parlor 2
Economists for Peace & Security
The Crisis of Austerity (Y9) (Panel Discussion)
Panel Moderator: Marshall Auerback (Economists for Peace and Security)
Patrick Honohan (Central Bank of Ireland) Austerity in Ireland
Jeffrey Sommers (University of Wisconsin-Milwaukee) Austerity in the Baltics
Allen Sinai (Decision Economics) Austerity and Monetary Policy
James K. Galbraith (University of Texas-Austin) Austerity in Greece

Jan 03, 2016 10:15 am, Hilton Union Square, Yosemite A
Health Economics Research Organization
Public and Private Health Insurance in the Medicare Program (I1, L8)
Presiding: Mark G. Duggan (Stanford University)
The Effects of Medigap Supplemental Insurance on Health Care Spending Among Disabled Medicare Beneficiaries
Jay Bhattacharya (Stanford University)
M. Kate Bundorf (Stanford University)
Vilsa Curto (Stanford University)
Kosali Simon (Indiana University)
Can Health Insurance Competition Work? Evidence from Medicare Advantage
Vilsa Curto (Stanford University)
Liran Einav (Stanford University)
Jonathan Levin (Stanford University)
Amy Finkelstein (Massachusetts Institute of Technology)
Jay Bhattacharya (Stanford University)
[View Abstract] [Download Preview]
Pricing Regulations in Medigap
Vilsa Curto (Stanford University)
Discussants:
Marika Cabral (University of Texas-Austin)
Michael Chernew (Harvard University)
Haizhen Lin (Indiana University)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 23
History of Economics Society
Becoming Applied: The Transformation of Economics after 1970 (B2, B4)
Presiding: Beatrice Cherrier (University of Caen)
Becoming Applied: The Transformation of Economics after 1970
Beatrice Cherrier (University of Caen)
Roger Backhouse (University of Birmingham)
[View Abstract] [Download Preview]
The Empirical Economist's Toolkit: From Models to Methods
Matthew Panhans (Duke University)
John D. Singleton (Duke University)
[View Abstract] [Download Preview]
Learning How to Whisper into the Ears of Industry Regulators: The History of Early Applied Experiments
Andrej Svorenčík (University of Mannheim)
[View Abstract]
THE ENVIRONMENTAL TURN IN NATURAL RESOURCE ECONOMICS: JOHN KRUTILLA AND "CONSERVATION RECONSIDERED"
Spencer H. Banzhaf (Georgia State University)
[View Abstract] [Download Preview]
Discussants:
Steven G. Medema (University of Colorado-Denver)
Kevin D. Hoover (Duke University)
Charles Plott (California Institute of Technology)
Kerry Smith (Arizona State University)

Jan 03, 2016 10:15 am, Marriott Marquis, Pacific C
International Economics & Finance Society
International Macroeconomics and Finance (F3, F4)
Presiding: Nelson C. Mark (University of Notre Dame)
Financial Protectionism: Further Evidence
Anya Kleymenova (University of Chicago)
Andrew K. Rose (University of California-Berkeley)
Tomasz Wieladek (Bank of England)
[View Abstract] [Download Preview]
Policy Cooperation, Incomplete Markets, and Risk Sharing
Charles Engel (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Currency Value
Lukas Menkhoff (University of Kiel)
Lucio Sarno (City University London)
Maik Schmeling (City University London)
Andreas Schrimpf (Bank for International Settlements)
[View Abstract] [Download Preview]
Global Macro Risks in Currency Excess Returns
Kimberly Berg (Bank of Canada)
Nelson C. Mark (University of Notre Dame)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Marriott Marquis, Nob Hill C & D
International Trade & Finance Association
The European Union's New Institutions: Political Economy and Economic Perspectives (F5)
Presiding: Thierry Warin (HEC-Montreal)
The Crisis, the Public, and the Future of European Integration
Jeffry Frieden (Harvard University)
[View Abstract] [Download Preview]
Looking Back: Eurozone Crisis and the Euro Regime
Kurt Huebner (University of British Columbia)
[View Abstract]
Why Countries Choose to Adopt the Euro Fast or Slow-A Political Analysis
Amy Verdun (University of Victoria)
[View Abstract] [Download Preview]
Towards Unveiling the Mechanisms of the EU Decision Making Process
Erik Pruyt (University of Delft)
Paul Schure (University of Victoria)
Amy Verdun (University of Victoria)
[View Abstract]
Reducing Systemic Risk in Europe: Is the 'Banking Union’ a Big Enough Step?
Thierry Warin (HEC-Montreal)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Parc 55, Davidson
Labor & Employment Relations Association
Difference-in-Difference Analyses of the Effects of Family Policies (J1)
Presiding: Nancy Folbre (University of Massachusetts-Amherst)
The Effects of a Short-Hour Option on Childbirth and Mothers’ Labor Supply in Japan
Nobuko Nagase (Ochanomizu University)
[View Abstract]
Paid Family Leave, Fathers’ Leave-Taking, and Leave-Sharing in Dual-Earner Households
Jenna Stearns (University of California-Santa Barbara)
Maya Rossin-Slater (University of California-Santa Barbara)
Ann Bartel (Columbia University)
Christopher J. Ruhm (University of Virginia)
Jane Waldfogel (Columbia University)
[View Abstract]
Reserving Time for Daddy: The Short and Long-Run Consequences of Fathers' Quotas
Ankita Patnaik (Cornell University)
[View Abstract]
The Effects of Paid Maternity Leave: Evidence from Temporary Disability Insurance
Jenna Stearns (University of California-Santa Barbara)
[View Abstract]
Discussants:
Elaine McCrate (University of Vermont)
Marcus Dillender (WE Upjohn Institute for Employment Research)

Jan 03, 2016 10:15 am, Parc 55, Balboa
Labor & Employment Relations Association
The New Generation of Minimum Wage Policies in California (J3)
Presiding: Jesse Rothstein (University of California-Berkeley)
Minimum Wages in the $12 to $15 Range in California Cities: Scope and Scale
Ken Jacobs (University of California-Berkeley)
Annette Bernhardt (University of California-Berkeley)
[View Abstract]
Do Consumers Pay for Higher Minimum Wages?
Sylvia Allegretto (University of California-Berkeley)
[View Abstract] [Download Preview]
A Structural Model for Estimating Minimum Wage Effects at $12 and $15
Michael Reich (University of California-Berkeley)
[View Abstract]
New Directions in Compliance and Enforcement
Miranda Dietz (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Arindrajit Dube (University of Massachusetts-Amherst)
Ben Zipperer (Washington Center for Equitable Growth)

Jan 03, 2016 10:15 am, Hilton Union Square, Powell A & B
National Economic Association/American Economic Association
African Americans and Organized Labor (J5, J7) (Panel Discussion)
Panel Moderator: Bernard Anderson (University of Pennsylvania)
William Spriggs (Howard University)
Bernard Anderson (University of Pennsylvania)
Cecilia Conrad (Pomona College)
James B. Stewart (Pennsylvania State University)
Darrick Hamilton (New School)

Jan 03, 2016 10:15 am, Hilton Union Square, Union Square 17 & 18
Society for Economic Dynamics
Empirical Advances in Macro-Labor (J6, J2)
Presiding: Loukas Karabarbounis (University of Chicago and Federal Reserve Bank of Minneapolis)
Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers
Robert E. Hall (Stanford University)
Sam Schulhofer-Wohl (Federal Reserve Bank of Minneapolis)
[View Abstract] [Download Preview]
The Influence of Benefit Extensions on Unemployment
Gabriel Chodorow-Reich (Harvard University)
Loukas Karabarbounis (University of Chicago and Federal Reserve Bank of Minneapolis)
[View Abstract]
Decomposing Duration Dependence in a Stopping Time Model
Fernando Alvarez (University of Chicago)
Katarina Borovickova (New York University)
Robert Shimer (University of Chicago)
[View Abstract] [Download Preview]

Jan 03, 2016 10:15 am, Marriott Marquis, Pacific I
Society for Institutional and Organizational Economics
Institutional Design and Organizational Performance (D2, D7)
Presiding: F. Andrew Hanssen (Clemson University)
Frictions in a Competitive, Regulated Market: Evidence from Taxis
Guillaume Frechette (New York University)
Alessandro Lizzeri (New York University)
Tobias Salz (New York University)
[View Abstract]
Crises and Firm Organisation
Philippe Aghion (Harvard University)
Nicholas Bloom (Stanford University)
Raffaella Sadun (Harvard University)
John Van Reenen (London School of Economics)
[View Abstract]
The Precarious Link between Legislators and Constituent Opinion: Evidence from Matched Roll Call and Referendum Votes
John G. Matsusaka (University of Southern California)
[View Abstract] [Download Preview]
The Foundations of Wealth-Enhancing Democracy: Aristotle, Lindahl, and Institutional Design in Ancient Greece
Robert K. Fleck (Clemson University)
F. Andrew Hanssen (Clemson University)
[View Abstract] [Download Preview]
Discussants:
Jean Francois Houde (University of Pennsylvania)
J. Anthony Cookson (University of Colorado)
Robert K. Fleck (Clemson University)
Stephen Haber (Stanford University)

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra H
Society of Government Economists
Globalization: Economic Impacts and Challenges (F1, F2)
Presiding: William Powers (U.S. International Trade Commission)
Characteristics of Special Purpose Entities in Measures of U.S. Direct Investment Abroad
Dylan Rassier (U.S. Bureau of Economic Analysis)
[View Abstract] [Download Preview] [Download PowerPoint]
In With the Big, Out With the Small: Removing Small-Scale Reservations in India
Leslie A. Martin (University of Melbourne)
Shanthi Nataraj (Rand Corporation)
Ann Harrison (University of Pennsylvania)
[View Abstract] [Download Preview]
Offshoring and U.S. Innovation Capacity
Wendy Li (U.S. Bureau of Economic Analysis)
[View Abstract]
Trade Shocks and Factor Adjustment Frictions: Implications for Investment and Labor
Erhan Artuc (World Bank)
German Bet (Northwestern University)
Irene Brambilla (Universidad Nacional de La Plata)
Guido Porto (Universidad Nacional de La Plata)
[View Abstract] [Download Preview]
Discussants:
Kim Ruhl (New York University)
Richard B. Freeman (Harvard University)
Marcel Timmer (University of Groningen)
Susan Houseman (W.E. Upjohn Institute)

Jan 03, 2016 10:15 am, Parc 55, Mason
Transportation & Public Utilities Group
Economic Cost and Efficiency in Transportation (L9)
Presiding: Kevin Roth (University of California Irvine)
A Comparative Analysis of Cost Change for LCC and Legacy Carriers in the U.S. Airline Industry
John Bitzan (North Dakota State University)
James Peoples (University of Wisconsin-Milwaukee)
[View Abstract] [Download Preview]
Port Microeconomics: Port Services, Service Quality and Cost Functions
Wayne K. Talley (Old Dominion University)
Manwo Ng (Old Dominion University)
[View Abstract]
Pricing Freight Transport to Account for External Costs
David Austin (Congressional Budget Office)
[View Abstract]
The World is Not Yet Flat - Transport Costs Matter
Kristien Behrens (University of Quebec)
Theophile Bougna (University of Quebec)
W. Mark Brown (Statistics Canada)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Ken Button (George Mason University)
Steven Craig (University of Houston)
William Huneke (Surface Transportation Board)
Ken Boyer (Michigan State University)

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra J
Union for Radical Political Economics/International Association for Feminist Economics
Gender, Credit, and Microfinance (G2)
Presiding: Bilge Erten (Northeastern University)
The Development of Women’s Creditworthiness: Another Step for Women’s Economic Citizenship
Dorene Isenberg (University of Redlands)
[View Abstract]
Gender Biases in Bank Lending: Lessons from Microcredit in France
Anastasia Cozarenco (Montpellier Business School and CERMi)
Ariane Szafarz (Université Libre de Bruxelles, CEB, and CERMi)
[View Abstract] [Download Preview]
The Impact of Microfinance on Factors Empowering Women: Differences in Regional and Delivery Mechanisms in India’s SHG Programme
Ranjula Bali Swain (Södertörn University and Uppsala University)
[View Abstract] [Download Preview]
Gold Backed Microcredit and Women’s Autonomy in Pakistan
Ghazel Zulfiqar (Lahore University of Management Sciences)
[View Abstract] [Download Preview]
Discussants:
Bilge Erten (Northeastern University)
Sucharita Sinha Mukerjee (College of Saint Benedict and Saint John’s University)

Jan 03, 2016 10:15 am, Marriott Marquis, Sierra I
Union for Radical Political Economics
The Political Economy of Capital Flows, Capital Controls and Central Bank Policy in a Global and Historical Perspective (F3)
Presiding: James Crotty (University of Massachusetts-Amherst)
European Imbalances: Financial or Structural? Lessons from Neapolitan and English Economists in the Early XVII Century
Lilia Costabile (Naples Federico II)
[View Abstract] [Download Preview]
Who Wins and Who Loses from Quantitative Easing and What Does This Tell Us About the Political Economy of Central Bank Policy?
Gerald Epstein (University of Massachusetts-Amherst)
Juan Montecino (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Capital Controls and Policy Space in a Time of Crisis
Ilene Grabel (University of Denver)
[View Abstract] [Download Preview]
Dimensions of Financial Power
Jonathan Goldstein (Bowdoin College)
[View Abstract]
Discussants:
James Crotty (University of Massachusetts-Amherst)
Esther Jeffers (University of Paris 8)
Dominique Plihon (University of Paris 13)

Jan 03, 2016 12:30 pm, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Analysis of Trade and Localization in Agricultural Products and Processed Foods (A1)
Presiding: Stephen Devadoss (University of Idaho)
Implications of Transatlantic Trade and Investment Partnership for Food Processing Sector
Jeff Luckstead (University of Arkansas)
Stephen Devadoss (University of Idaho)
[View Abstract] [Download Preview]
Sanitary and Phytosanitary Barriers in Chinese Agricultural Exports: The Role of Trade Intermediaries
Mark J. Gibson (Washington State University)
Qianqian Wang (Henan University)
[View Abstract]
The Localization of Processed Food Products over Time
Andrew J. Cassey (Washington State University)
Ben O. Smith (University of Nebraska–Omaha)
[View Abstract]
Discussants:
Gopinath Munisamy (United States Department of Agriculture)

Jan 03, 2016 12:30 pm, Hilton Union Square, Continental Ballroom 5 & 6
American Economic Association
AEA/AFA Joint Luncheon - Fee Event
Presiding: Patrick Bolton (Columbia University)
Bengt Holmstrom (Massachusetts Institute of Technology) Why Are Money Markets Different?

Jan 03, 2016 12:30 pm, Hilton Union Square, Union Square 24
Cliometric Society
Historical Growth Dynamics of the Modern World (N1)
Presiding: Michael Haupert (University of Wisconsin-La Crosse)
How Ethics and Rhetoric, Not Solely Material Interests, Caused the Modern World: An Essay in Humanomics
Deirdre McCloskey (University of Illinois-Chicago)
[View Abstract] [Download Preview]
Reconstruction Dynamics: The Impact of World War II on Post-War Economic Growth
Petros Milionis (University of Groningen)
Tamas Vonyo (Bocconi University)
[View Abstract] [Download Preview]
Keeping our Bearings in Public R&D: Lessons from Britain’s Board of Longitude (1714-1828)
Paul David (Stanford University)
[View Abstract]
Discussants:
David Mitch (University of Maryland-Baltimore County)
Ahmed Rahman (U.S. Naval Academy)
Raphael Franck (Brown University)

Jan 03, 2016 12:30 pm, Hilton Union Square, Union Square 23
History of Economics Society
Ruling the Market: Neoliberal Reasoning in Germany and Beyond (B2)
Presiding: David M. Levy (George Mason University)
German Central Banking: From Financing Fascism to Fueling Liberalism?
Sander Tordoir (Max Planck Institute for Human Development)
[View Abstract] [Download Preview]
Rule-Based Reasoning Across the Atlantic: "Old Chicago", Freiburg and Hayek
Ekkehard A. Köhler (Walter Eucken Institut)
Stefan Kolev (University of Applied Sciences-Zwickau)
[View Abstract] [Download Preview]
Gordon Tullock as a Disciple of Ludwig von Mises
David M. Levy (George Mason University)
Sandra J. Peart (University of Richmond)
[View Abstract] [Download Preview]
The Muthesius Controversy: A Tale of Two Liberalisms
Ekkehard A. Köhler (Walter Eucken Institut)
Daniel Nientiedt (Walter Eucken Institut)
[View Abstract] [Download Preview]
Discussants:
Ekkehard A. Köhler (Walter Eucken Institut)
David M. Levy (George Mason University)
Harro Maas (University of Lausanne )
Stefan Kolev (University of Applied Sciences-Zwickau)

Jan 03, 2016 12:30 pm, Parc 55, Balboa
Labor & Employment Relations Association
Cities, Equity, and Labor Market Policies (J3)
Presiding: Rick McGahey (New School)
Workforce Intermediaries, Regional Economic Resilience, and Just Growth
Chris Benner (University of California-Davis)
Manuel Pastor (University of Southern California)
[View Abstract]
Cities on Their Own: Using Labor Market Policies to Increase Equity
Rick McGahey (New School)
[View Abstract]
Improving Labor Standards in the Restaurant Industry: A Comparative Study
T. William Lester (University of North Carolina)
[View Abstract] [Download Preview]
The Impact of City Minimum Wage Laws
Annette Bernhardt (University of California-Berkeley)
Ken Jacobs (University of California-Berkeley)
[View Abstract]
Discussants:
William M. Rodgers III (Rutgers University)
Sylvia Allegretto (University of California-Berkeley)

Jan 03, 2016 12:30 pm, Parc 55, Davidson
Labor & Employment Relations Association
Inequality in Japan (J3)
Presiding: Arthur Sakamoto (Texas A&M University)
Trends in Social Mobility in Postwar Japan
Hiroshi Ishida (University of Tokyo)
[View Abstract]
Good Jobs and Bad Jobs in Japan: 1982-2007
Takao Kato (Colgate University)
Ryo Kambayashi (Hitotsubashi University)
[View Abstract] [Download Preview]
Top Income Shares in Japan, 1886-2012
Chiaki Moriguchi (Hitotsubashi University)
[View Abstract] [Download Preview]
Social Inequality in the Rapidly Aging Society of Japan
Sawako Shirahase (University of Tokyo)
[View Abstract]
Discussants:
David Autor (Massachusetts Institute of Technology)
Arthur Sakamoto (Texas A&M University)

Jan 03, 2016 12:30 pm, Hilton Union Square, Continental – Parlor 2
National Association of Economic Educators
Teaching with Technology in Classes from 30 to 700 (A2) (Panel Discussion)
Panel Moderator: William Goffe (Pennsylvania State University)
Eric P. Chiang (Florida Atlantic University) The Many Formats of Pre-Lectures: How to Prepare Students for Active Learning in Class
Martha L. Olney (University of California-Berkeley) Using Clickers in Large (700) and Small (30) Enrollment Classes
Jose J. Vazquez Cognet (University of Illinois-Urbana-Champaign) It is a Clicker Question, Not an Exam Question
J. Brian O'Roark (Robert Morris University) An Economic Song and Dance... Engaging Students in a World of Multi-Media
Roger Butters (Hillsdale College) Benefits and Costs of Teaching with Technology

Jan 03, 2016 12:30 pm, Hilton Union Square, Powell A & B
National Economic Association/American Society of Hispanic Economists
Racial/Ethnic Differences in Self-Identification and Income Inequality (J7, Z1)
Presiding: Alberto Dávila (University of Texas-Rio Grande Valley)
Not Black-Alone: Obama and Racial Self-Identification among African Americans
Patrick Mason (Florida State University)
[View Abstract]
How Race and Ethnicity Moderate the Impact of Income Inequality and Demographics
David J. Molina (University of North Texas)
[View Abstract]
Religious Workers and the Racial Earnings Gap
Fernando Lozano (Pamona College)
[View Abstract] [Download Preview]
English-Language Proficiency, Earnings, and the Likelihood of Reporting a Disability
Alberto Dávila (University of Texas-Rio Grande Valley)
Marie T. Mora (University of Texas-Rio Grande Valley)
[View Abstract] [Download Preview]
Discussants:
Luisa R. Blanco (Pepperdine University)
Francisca Antman (University of Colorado-Boulder)
Monica Garcia-Perez (St. Cloud State University)
Richard Santos (University of New Mexico)

Jan 03, 2016 12:30 pm, Marriott Marquis, Sierra I
Society of Government Economists
Economic Cycles and Strategies: The Role of Transfers, Borrowing, and Self-Employment (D1, H3)
Presiding: David Johnson (U.S. Bureau of Economic Analysis)
Local Labor Demand and Program Participation Dynamics: Evidence from New York SNAP Administrative Records
Erik Scherpf (USDA Economic Research Service)
Benjamin Cerf Harris (U.S. Census Bureau)
[View Abstract]
Inequality in America: The Role of National Income, Household Income, and Transfers
David Johnson (U.S. Bureau of Economic Analysis)
Dennis Fixler (U.S. Bureau of Economic Analysis)
Bradley Hardy (American University)
[View Abstract]
Timing is Money: Does Lump-Sum Payment of Tax Credits Induce High-Cost Borrowing?
Katherine Michelmore (University of Michigan)
Lauren Jones (Ohio State University)
[View Abstract] [Download Preview]
Becoming Self-Employed During the Great Recession
Adela Luque (U.S. Census Bureau)
Maggie R. Jones (U.S. Census Bureau)
[View Abstract]
Discussants:
Maggie R. Jones (U.S. Census Bureau)
Quentin Brummet (U.S. Census Bureau)
Benjamin Cerf Harris (U.S. Census Bureau)
Katherine Michelmore (University of Michigan)

Jan 03, 2016 12:30 pm, Marriott Marquis, Yerba Buena Salons 5 & 6
Union for Radical Political Economics
David Gordon Memorial Lecture (D3)
Presiding: Fred Moseley (Mount Holyoke College)
Rising Inequality: Are Rents the Problem?
Dean Baker (Center for Economic and Policy Research)
[View Abstract]
Discussants:
Heather Boushey (Washington Center for Equitable Growth)

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Supply Chains as Mechanisms to Facilitate Technological Change in Agriculture (Q1)
Presiding: David Zilberman (University of California-Berkeley)
The Economics of Agricultural Supply Chain Design: A Portfolio Selection Approach
Xiaoxue Du (University of California-Berkeley)
Liang Lu (University of California-Berkeley)
Thomas Reardon (Michigan State University)
David Zilberman (University of California-Berkeley)
[View Abstract] [Download Preview]
Supply Chain Design and Adoption of Indivisible Technology
Liang Lu (University of California-Berkeley)
Thomas Reardon (Michigan State University)
David Zilberman (University of California-Berkeley)
[View Abstract] [Download Preview]
Value Chains and Technology Transfer to Agriculture in Developing and Emerging Economies
Johan Swinnen (Katholieke Universiteit Leuven)
[View Abstract] [Download Preview]
New Product Introductions and Innovation in the Food Marketing Chain
Haimanti Bhattacharya (University of Utah)
Robert Innes (University of California-Merced)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Imperial B
American Economic Association
Behavioral Finance and Consumer Choice (D1, G2)
Presiding: David Laibson (Harvard University)
Inflation Experiences and Contract Choice -- Evidence from Residential Mortgages
Matthew Botsch (Bowdoin College)
Ulrike Malmendier (University of California-Berkeley)
[View Abstract] [Download Preview]
The Consequences of Online Payday Lending
Kathryn Fritzdixon (Federal Deposit Insurance Corporation)
Paige Marta Skiba (Vanderbilt University)
[View Abstract]
Optimal Illiquidity
John Beshears (Harvard Business School)
James Choi (Yale University)
Christopher Harris (University of Cambridge)
David Laibson (Harvard University)
Brigitte Madrian (Harvard University)
[View Abstract]
Economic Distress and Consumers' Credit Choice
Marieke Bos (Stockholm School of Economics and Stockholm University)
Chloe Le Coq (Stockholm School of Economics)
Peter van Santen (Sveriges Riksbank)
[View Abstract]
Discussants:
Devin Pope (University of Chicago )
Brigitte Madrian (Harvard University)
Justin Sydnor (University of Wisconsin )
Stephan Meier (Columbia University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Plaza A
American Economic Association
Book Publishing in Economics (O4) (Panel Discussion)
Panel Moderator: Seth Ditchik (Princeton University Press)
Jeffrey D. Sachs (Columbia University)
Anat R. Admati (Stanford University)
Edward L. Glaeser (Harvard University)
Joseph Eugene Stiglitz (Columbia University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Continental Ballroom 4
American Economic Association
Critiquing Robert J. Gordon’s Rise and Fall of American Growth (O4) (Panel Discussion)
Panel Moderator: Robert Shiller (Yale University)
Gregory Clark (University of California-Davis)
Nicholas Crafts (University of Warwick)
Benjamin Friedman (Harvard University)
James T. Robinson (University of Chicago)

Jan 03, 2016 2:30 pm, Hilton Union Square, Imperial A
American Economic Association
Economic Responses to Corporate Taxation: Organizational Forms and Tax Base Elasticities (H3, H2)
Presiding: Joshua Rauh (Stanford University)
How Do Corporate Tax Bases Change When Corporate Tax Rates Change? With Implications for the Tax Elasticity of Corporate Revenues
Joel Slemrod (University of Michigan)
Laura Kawano (U.S. Department of the Treasury)
[View Abstract] [Download Preview]
Incorporation for Investment
Michael Peter Devereux (University of Oxford)
Li Liu (University of Oxford)
[View Abstract]
State Taxation and the Reallocation of Business Activity: Evidence from Establishment-Level Data
Xavier Giroud (Massachusetts Institute of Technology)
Joshua Rauh (Stanford University)
[View Abstract] [Download Preview]
Discussants:
James Poterba (Massachusetts Institute of Technology)
James R. Hines (University of Michigan)
Steven J. Davis (University of Chicago)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 25
American Economic Association
Effects of Public Policies on Health (I1)
Presiding: Anoshua Chaudhuri (San Francisco State University)
Externalities and Complementarities of HIV/AIDS Prevention Programs: Evidence from Secondary Schools in Malawi
Booyuel Kim (KDI School of Public Policy and Management)
Hyuncheol Bryant Kim (Cornell University)
Cristian Pop-Eleches (Columbia University)
[View Abstract] [Download Preview]
Psychic versus Economic Barriers to Vaccine Take-Up: Evidence from a Field Experiment in Nigeria
Ryoko Sato (University of Michigan)
Yoshito Takasaki (University of Tokyo)
[View Abstract]
Aging Out of Extended Dependent Coverage under the Affordable Care Act
Weiwei Chen (Florida International University)
[View Abstract] [Download Preview]
Direct and Indirect Effects of Policies to Increase Kidney Donations
Drew M. Anderson (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
The Causal Effect of Serving in the Army on Health: Evidence from Regression Kink Design and Russian Data
Evgeny Yakovlev (New Economic School)
David Card (University of California-Berkeley)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 1
American Economic Association
Empirical Applications of Behavioral Welfare Analysis (D6, H2)
Presiding: Hunt Allcott (New York University)
Financial Education, Financial Competence, and Consumer Welfare
Sandro Ambuehl (Stanford University)
Douglas Bernheim (Stanford University)
Annamaria Lusardi (George Washington University)
[View Abstract] [Download Preview]
The Welfare Effects of Nudges: Theory and Evidence from Energy Conservation
Hunt Allcott (New York University)
Judd Kessler (University of Pennsylvania)
[View Abstract] [Download Preview]
Attention Variation and Welfare: Theory and Evidence from a Tax Salience Experiment
Dmitry Taubinsky (Harvard University)
Alexander Robert Rees-Jones (University of Pennsylvania)
[View Abstract] [Download Preview]
Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
Johannes Spinnewijn (London School of Economics)
[View Abstract] [Download Preview]
Discussants:
Eric Glen Weyl (University of Chicago and Microsoft Research)
Stefano DellaVigna (University of California-Berkeley)
Erzo F.P. Luttmer (Dartmouth College)
Neale Mahoney (University of Chicago )

Jan 03, 2016 2:30 pm, Hilton Union Square, Yosemite B
American Economic Association
Evidence from Lab and Field Experiments on Discrimination (J7, J2)
Presiding: Patrick Button (Tulane University and NBER)
Is it Harder for Older Workers to Find Jobs? New and Improved Evidence from a Field Experiment
David Neumark (University of California-Irvine, NBER, and IZA)
Ian Burn (University of California-Irvine)
Patrick Button (Tulane University and NBER)
[View Abstract] [Download Preview]
Discrimination at the Intersection of Age, Race, and Gender: Evidence from a Lab-in-the-Field Experiment
Joanna Lahey (Texas A&M University and NBER)
Douglas Oxley (University of Wyoming)
[View Abstract] [Download Preview]
Do Employers Consider Unemployment Duration, Low-Quality Interim Employment, and Age in Hiring? Evidence from an Audit Study
Henry Farber (Princeton University)
Daniel Silverman (Arizona State University)
Till von Wachter (University of California-Los Angeles)
[View Abstract]
Exploring Both the Supply and Demand Sides of Discrimination
John List (University of Chicago)
Anthony Heyes (University of Ottawa)
[View Abstract]
Discussants:
Mathew J. Notowidigdo (Northwestern University and NBER)
Christian Manger (University of Tuebingen)
Catherine Eckel (Texas A&M University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
Exchange Rates and the Macroeconomy (F3, F4)
Presiding: Joshua Aizenman (University of Southern California)
Can Foreign Exchange Intervention Stem Exchange Rate Pressures from Global Capital Flow Shocks?
Olivier J. Blanchard (Peterson Institute for International Economics)
Gustavo Adler (International Monetary Fund)
Irineu de Carvalho Filho (International Monetary Fund)
[View Abstract] [Download Preview]
Currency Wars, International Spillovers, and Guidelines for Policy Cooperation
Anton Korinek (Johns Hopkins University)
[View Abstract] [Download Preview]
Corporate Investment and the Real Exchange Rate
Andrew Berg (International Monetary Fund)
Mai Dao (International Monetary Fund)
Camelia Minoiu (International Monetary Fund)
Jonathan D. Ostry (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Kathryn Dominguez (University of Michigan)
Joshua Aizenman (University of Southern California)
Senay Agca (George Washington University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 14
American Economic Association
Financial Economics (G1)
Presiding: Caleb Stroup (Davidson College)
Who Gets Swindled in Ponzi Schemes?
Shivaram Rajgopal (Emory University)
Stephen Deason (Emory University)
Gregory Waymire (Emory University)
[View Abstract]
Fundamental Analysis Works
Sohnke M. Bartram (University of Warwick)
Mark Grinblatt (University of California-Los Angeles)
[View Abstract] [Download Preview]
The Politics of Foreclosure
Sumit Agarwal (National University of Singapore)
Gene Amromin (Federal Reserve Bank of Chicago)
Itzhak Ben-David (Ohio State University)
Serdar Dinc (Rutgers University)
[View Abstract]
Mergers and Advertising in the U.S. Brewing Industry
Ambarish Chandra (University of Toronto)
Matthew Weinberg (Drexel University)
[View Abstract] [Download Preview]
Information Acquisition and Corporate Debt Illiquidity
Ilona Babenko (Arizona State University)
Lei Mao (University of Warwick)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 22
American Economic Association
Financial Intermediation (G2, E5)
Presiding: Ana Babus (Federal Reserve Bank of Chicago)
Liquid Bank Liabilities
Saki Bigio (University of California-Los Angeles)
Pierre-Olivier Weill (University of California-Los Angeles)
[View Abstract]
Agency Cost Determinants of Bank Risk-Taking
Kinda Hachem (University of Chicago)
[View Abstract]
Collateral Shortages and Intermediation Networks
Marco Di Maggio (Columbia University)
Alireza Tahbaz-Salehi (Columbia University)
[View Abstract] [Download Preview]
Strategic Opaqueness: A Cautionary Tale on Securitization
Ana Babus (Federal Reserve Bank of Chicago)
Maryam Farboodi (Princeton University)
[View Abstract]
Discussants:
Zhiguo He (University of Chicago)
Pablo Kurlat (Stanford University)
Johan Walden (University of California-Berkeley)
Martin Oehmke (Columbia University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Franciscan C
American Economic Association
Homeownership and the American Dream (R2, E2)
Presiding: John V. Duca (Federal Reserve Bank of Dallas and Southern Methodist University)
How Mortgage Finance Reform Could Affect Housing
Anthony Murphy (Federal Reserve Bank of Dallas and Southern Methodist University)
John V. Duca (Federal Reserve Bank of Dallas and Southern Methodist University)
John Muellbauer Muellbauer (Nuffield College, INET and University of Oxford)
[View Abstract] [Download Preview]
Borrowing Constraints and Homeownership over the Recent Cycle
Susan Wachter (University of Pennsylvania)
Arthur Acolin (University of Southern California)
Jesse Bricker (Federal Reserve Board)
Paul Calem (Federal Reserve Bank of Philadelphia)
[View Abstract] [Download Preview]
Waking Up from the American Dream: On the Experience of Young Americans During the Housing Boom of the 2000s
Alexander Popov (European Central Bank)
Luc Laeven (European Central Bank)
[View Abstract] [Download Preview]
To Buy or Not to Buy: Consumer Constraints in the Housing Market
Andreas Fuster (Federal Reserve Bank of New York)
Basit Zafar (Federal Reserve Bank of New York)
[View Abstract]
Discussants:
James D. Shilling (DePaul University)
Shane Sherlund (Federal Reserve Board)
Raphael W. Bostic (University of Southern California)
Andra Ghent (University of Wisconsin-Madison)

Jan 03, 2016 2:30 pm, Hilton Union Square, Yosemite A
American Economic Association
Labor Market Dynamics (J6)
Presiding: Melanie Khamis (Wesleyan University)
Asymmetric Labor Supply Responses to Tax and Wage Rate Changes
Philipp Doerrenberg (ZEW)
Denvil Duncan (Indiana University)
Max Loeffler (ZEW)
[View Abstract] [Download Preview]
Job Search Behavior among the Employed and Non-Employed
Jason Faberman (Federal Reserve Bank of Chicago)
Andreas Mueller (Columbia University)
Aysegul Sahin (Federal Reserve Bank of New York)
Giorgio Topa (Federal Reserve Bank of New York)
[View Abstract] [Download Preview] [Download PowerPoint]
Wage Dispersion and Search Behavior
Robert E. Hall (Stanford University)
Andreas Mueller (Columbia University)
[View Abstract] [Download Preview]
Labor Market Institutions, Employment, and Wage Dynamics
Elena Pastorino (University of Minnesota)
Zhen Huo (Yale University)
Melissa Tartari (University of Chicago)
[View Abstract]
Are Workers Better Matched in Large Labor Markets?
Nikolaj Arpe Harmon (University of Copenhagen)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Yosemite C
American Economic Association
Macroeconomics (E1) (Poster Session)
Presiding: Jane Lopus (California State University-East Bay)
Specific and General Types of Human Capital
Vahagn Jerbashian (University of Barcelona and CERGE-EI)
Evangelia Vourvachaki (Bank of Greece)
Sergey Slobodyan (CERGE-EI)
[Download Preview]
By Force of Flow: Investor Behavior and Money Market Fund Risk Allocations During the Eurozone Crisis
Emily Gallagher (Paris School of Economics-Sorbonne)
Russ Wermers (University of Maryland)
[Download Preview]
Financial Factors: Implications for Output Gaps
Pau Rabanal (International Monetary Fund)
Marzie Taheri Sanjani (International Monetary Fund)
[Download Preview]
Asymmetric Shocks in a Currency Union: The Role of Central Bank Collateral Policy
Francois Koulischer (Banque de France)
[Download Preview]
On the Two Prerequisites of Balanced Growth
Clemens C. Struck (Trinity College)
[Download Preview]
Dollar Hegemony and China’s Economy
Kai Liu (Renmin University of China)
[Download Preview]
Great Opportunities or Poor Alternatives: Self-Employment, Unemployment and Paid Employment over the Business Cycle
Matthias Kredler (Universidad Carlos III de Madrid)
Ana Millan (Universitat Autonoma de Barcelona)
Ludo Visschers (University of Edinburgh and Carlos III Madrid)
Optimal Disability Insurance and Unemployment Insurance with Cyclical Fluctuations
Hsuan-chih Lin (Institute of Economics and Academia Sinica)
[Download Preview]
Can Wage Dynamics in Long-term Employment Relationships Help Mitigate Financial Shocks
Yicheng Wang (University of Rochester)
[Download Preview]
Financial Shocks and Optimal Monetary Policy Rules
Fabio Verona (Bank of Finland)
Manuel Martins (University of Porto)
Ines Drumond (Bank of Portugal)
[Download Preview]
When does the Cost Channel Pose a Challenge to Inflation Targeting Central Banks?
Andrew Smith (Federal Reserve Bank of Kansas City)
[Download Preview]
How Did Exchange Rates Affect Employment in U.S. Cities?
Yao Tang (Bowdoin College)
Haifang Huang (University of Alberta)
[Download Preview]
Bank Runs, Fire Sales, and Equity Injections
Roberto Robatto (University of Wisconsin-Madison)
[Download Preview]
Measuring Intangible Capital with Uncertainty
Sungbae An (Singapore Management University)
Nan Li (Shanghai Jiao Tong University)
[Download Preview]
Slowdown, Stimulus and Real Estate Cycles of China
Xuetao Song (North Carolina State University)
[Download Preview]
Liquid Asset Prices and Creation in a Global Economy
Shengxing Zhang (London School of Economics)
Keyu Jin (London School of Economics)
Implementing Monetary Policy in a Fragmented Monetary Union
Miklos Vari (Paris School of Economics and Banque de France)
[Download Preview]
Uncertainty Shocks and Labor Market Dynamics
Soojin Jo (Bank of Canada)
Myungkyu Shim (Shanghai University of Finance and Economics)
Hee-seung Yang (Monash University)
Housing Market Dynamics and Macroprudential Policy
Gabriel Bruneau (Bank of Canada)
Ian Christensen (Bank of Canada)
Césaire Meh (Bank of Canada)
[Download Preview]
Deep Habits and Exchange Rate Pass-through
Punnoose Jacob (Reserve Bank of New Zealand)
Lenno Uuskula (Bank of Estonia)
[Download Preview]
The Effects of U.S. Unconventional Monetary Policy on Employment in Disaggregated Data
Seung Jung Lee (Federal Reserve Board)
Lucy Q. Liu (International Monetary Fund)
Viktors Stebunovs (Federal Reserve Board)
[Download Preview]
Risk Taking, Risk Compensation, and Interest Rates: Evidence from Decades in the Global Syndicated Loan Markets
Lucy Q. Liu (International Monetary Fund)
Viktors Stebunovs (Federal Reserve Board)
Seung Jung Lee (Federal Reserve Board)
[Download Preview]
International R&D Spillovers and Asset Prices
Ana Maria Santacreu (Federal Reserve Bank of Saint Louis)
Federico Gavazzoni (INSEAD)
[Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Plaza B
American Economic Association
Measuring Top Wealth Shares (D3, D6)
Presiding: Jeffrey Thompson (Federal Reserve Board)
Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data
Emmanuel Saez (University of California-Berkeley)
Gabriel Zucman (London School of Economics)
[View Abstract] [Download Preview]
Measuring Income and Wealth at the Top Using Administrative and Survey Data
Jesse Bricker (Federal Reserve Board)
Alice Henriques (Federal Reserve Board)
Jacob Krimmel (Federal Reserve Board)
John Sabelhaus (Federal Reserve Board)
[View Abstract] [Download Preview] [Download PowerPoint]
How Fat is the Top Tail of the Wealth Distribution
Philip Vermeulen (European Central Bank)
[View Abstract] [Download Preview]
Wealth Returns Persistence and Heterogeneity
Luigi Pistaferri (Stanford University)
Andreas Fagerang (Statistics Norway)
Luigi Guiso (Einaudi Institute for Economics and Finance)
[View Abstract] [Download Preview]
Discussants:
Jirka Slacalek (European Central Bank)
Jeff Larrimore (Federal Reserve Board)
Christopher D. Carroll (Johns Hopkins University)
Fatih Guvenen (University of Minnesota)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 13
American Economic Association
Minimum Wages and Low-Wage Labor Markets: New Techniques and Outcomes (J2, J3)
Presiding: Ben Zipperer (Washington Center for Equitable Growth)
Industry Dynamics and the Minimum Wage: A Putty-Clay Approach
Daniel Aaronson (Federal Reserve Bank of Chicago)
Eric French (University College London)
Isaac Sorkin (University of Michigan)
[View Abstract] [Download Preview]
Who Pays for the Minimum Wage?
Péter Harasztosi (Magyar Nemzeti Bank)
Attila Lindner (University of California-Berkeley)
[View Abstract] [Download Preview]
The Effect of Minimum Wages on Employment: A Factor Model Approach
Evan Totty (Purdue University)
[View Abstract] [Download Preview]
Pooled Synthetic Control Estimates for Recurring Continuous Treatments: An Application to Minimum Wage Case Studies
Ben Zipperer (Washington Center for Equitable Growth)
Arindrajit Dube (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Discussants:
Arindrajit Dube (University of Massachusetts-Amherst)
Eric French (University College London)
Attila Lindner (University of California-Berkeley)
Evan Totty (Purdue University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Golden Gate 5
American Economic Association
Mitigation of Greenhouse Gases (Q4)
Presiding: Maximilian Auffhammer (University of California-Berkeley)
Impact of China's Biofuel Policies on Land Use, Water Use, and GHGs Emissions
Dileep K. Birur (RTI International)
Ashok Kumar Chapagain (Water Footprint Network)
Stephen Devadoss (University of Idaho)
Krishna P. Paudel (Louisiana State University)
[View Abstract]
Technological Choice in Response to Environmental Regulation: Electricity Markets and the Clean Power Plan
Jose Miguel Abito (University of Pennsylvania)
Christopher R. Knittel (Massachusetts Institute of Technology)
Konstantinos Metaxoglou (Carleton University)
Andre Trindade (Getulio Vargas Foundation and EPGE)
[View Abstract]
The Climate Co-Benefits of Obesity Reduction
Anthony J. Underwood (Dickinson College)
Sammy Zahran (Colorado State University)
[View Abstract] [Download Preview] [Download PowerPoint]
Identifying the Drivers of Demand-Based and Production-Based GHG Emissions
Joel Bruneau (University of Saskatchewan)
Madanmohan Ghosh (Environment Canada)
Deming Luo (Environment Canada)
Yunfa Zhu (Environment Canada)
[View Abstract] [Download Preview]
The Disparate Influence of State Renewable Portfolio Standards (RPS) on U.S. Renewable Electricity Generation Capacity
Karen Maguire (Oklahoma State University)
Abdul Munasib (University of Georgia-Griffin)
[View Abstract] [Download Preview] [Download PowerPoint]

Jan 03, 2016 2:30 pm, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Mortality in Historical Perspective (N3, I1)
Presiding: Katherine Eriksson (University of California-Davis)
Watersheds in Infant Mortality: The Role of Effective Water and Sewerage Infrastructure, 1880 to 1915
Marcella Alsan (Stanford University)
Claudia Goldin (Harvard University)
[View Abstract] [Download Preview]
Pollution and Mortality in the 19th century
W. Walker Hanlon (University of California-Los Angeles)
[View Abstract] [Download Preview]
The Impact of Migration on Infant Health: Evidence from the Great Migration
Katherine Eriksson (University of California-Davis)
Gregory Niemesh (Miami University)
[View Abstract]
Tuskegee and the Health of Black Men
Marcella Alsan (Stanford University)
Marianne Wanamaker (University of Tennessee)
[View Abstract] [Download Preview]
Discussants:
Karen Clay (Carnegie Mellon University)
Brian Beach (College of William and Mary)
John Parman (College of William and Mary)
Dora Costa (University of California-Los Angeles)

Jan 03, 2016 2:30 pm, Hilton Union Square, Golden Gate 8
American Economic Association
Public Economics: Public Finance (H3)
Presiding: Ragan Petrie (George Mason University)
The Role of Medical Expenditure Risk in Portfolio Allocation Decisions
Padmaja Ayyagari (University of Iowa)
Daifeng He (College of William and Mary)
[View Abstract] [Download Preview]
Saving Lives or Saving Money? Understanding the Dual Nature of Physician Preferences
Alice Chen (University of Southern California)
Darius Lakdawalla (University of Southern California)
[View Abstract] [Download Preview]
The Effect of Public Pensions on Household Saving
Marta Lachowska (W.E. Upjohn Institute for Employment Research)
Michal Myck (Centre for Economic Analysis)
[View Abstract]
The Spillover Effects of Two-Rate Property Taxation in Pennsylvania: A Zero-Sum Game or a Win-Win Game?
Zhou Yang (Robert Morris University)
[View Abstract]
Discussants:
Nicole Maestas (Harvard University and RAND Corporation)
Joshua Gottlieb (University of British Columbia)
John Friedman (Brown University)
Daniel Millimet (Southern Methodist University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 3
American Economic Association
Taxes and Incentives (H2, H8)
Presiding: Jeremy G. Moulton (University of North Carolina)
The Earned Income Tax Credit and the Distribution of Income
Hilary W. Hoynes (University of California-Berkeley and NBER)
Ankur Patel (U.S. Department of the Treasury)
[View Abstract]
A Short-Run View of What Computers Do: Evidence from a U.K. Tax Incentive
Paul Gaggl (University of North Carolina-Charlotte)
Greg C. Wright (University of California-Merced)
[View Abstract] [Download Preview]
Dividend Taxation, Ownership, and Capital Structure
Annette Alstadsæter (Statistics Norway and University of Oslo)
Martin Jacob (WHU-Otto Beisheim School of Management)
Roni Michaely (Cornell University and Interdisciplinary Center Herzliya)
[View Abstract]
Who Benefits from Targeted Property Tax Relief? Evidence from Virginia Elections
Jeremy G. Moulton (University of North Carolina)
Scott A. Wentland (Longwood University)
Bennie D. Waller (Longwood University)
[View Abstract] [Download Preview]
Discussants:
Lisa Schulkind (University of North Carolina-Charlotte)
Yoon-Kyung Chung (Korea Energy Institute)
Francisco Pérez-González (Instituto Tecnológico Autónomo de México)
Raymond T. Brastow (Federal Reserve Bank of Richmond)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 21
American Economic Association
The Impact of Culture on Corporate Decisions (G3, Z1)
Presiding: Xiaoding Liu (University of Oregon)
Corruption Culture and Corporate Misconduct
Xiaoding Liu (University of Oregon)
[View Abstract] [Download Preview]
The Cultural Origin of Preferences: CEO Cultural Heritage and Corporate Investment
Yihui Pan (University of Utah)
Stephan Siegel (University of Washington)
Tracy Yue Wang (University of Minnesota)
[View Abstract] [Download Preview]
Dividends and Trust
Peter Kelly (Yale University)
[View Abstract]
Discussants:
Jonathan Karpoff (University of Washington)
Edward D. Van Wesep (University of Colorado-Boulder)
Karl Lins (University of Utah)

Jan 03, 2016 2:30 pm, Hilton Union Square, Franciscan D
American Economic Association
The Role of Teacher Training in Graduate Economic Education in the United States (A1) (Panel Discussion)
Panel Moderator: Sam Allgood (University of Nebraska-Lincoln)
KimMarie McGoldrick (University of Richmond)
Gail Hoyt (University of Kentucky)
Martha L. Olney (University of California, Berkley)
Jadrian Wooten (Pennsylvania State University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Trade and Firm Dynamics (F1)
Presiding: Joel B. Rodrigue (Vanderbilt University)
Shipment Frequency of Exporters and Demand Uncertainty: An Inventory Management Approach
Gabor Bekes (CERS-HAS, CEU and CEPR)
Lionel Fontagné (University of Paris 1, Banque de France and CEPII)
Balazs Murakozy (CERS-HAS)
Vincent Vicard (Banque de France)
[View Abstract] [Download Preview]
Characterizing Global and Regional Value Chains
Zhi Wang (U.S. International Trade Commission)
Shangjin Wei (Asian Development Bank and Columbia University)
Xinding Yu (University of International Business and Economics)
Kunfu Zhu (Chinese Academy of Sciences)
[View Abstract] [Download Preview]
International Trade and Job Polarization: Evidence at the Worker Level
Wolfgang Keller (University of Colorado)
Hale Utar (Bielefeld University)
[View Abstract]
Workers beneath the Floodgates: Impact of Low-Wage Import Competition and Workers' Adjustment
Hale Utar (Bielefeld University)
[View Abstract] [Download Preview]
International Relative Prices and Trade Dynamics with Customer Markets
Luigi Paciello (EIEF)
[View Abstract]

Jan 03, 2016 2:30 pm, Marriott Marquis, Nob Hill A & B
American Finance Association
Compensation and Agency (G3)
Presiding: Claudia Custodio (Nova School of Business and Economics)
Wages and Firm Performance: Evidence from the 2008 Financial Crisis
Paige Ouimet (University of North Carolina)
Elena Simintzi (University of British Columbia)
[View Abstract] [Download Preview]
Labor Unemployment Risk and CEO Incentive Compensation
Andrew Ellul (Indiana University)
Cong Wang (Chinese University of Hong Kong)
Kuo Zhang (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
Executive Compensation and the Market Valuation of Managerial Attributes
Si Li (Wilfrid Laurier University)
M. Fabricio Perez (Wilfrid Laurier University)
[View Abstract] [Download Preview]
Product Market Peers and Relative Performance Evaluation
Sudarshan Jayaraman (University of Rochester)
Todd Milbourn (Washington University-St. Louis)
Hojun Seo (Washington University-St. Louis)
[View Abstract] [Download Preview]
Discussants:
Miguel Ferreira (Nova School of Business and Economics)
Carola Frydman (Northwestern University)
Charles Hadlock (Michigan State University)
Kevin Murphy (University of Southern California)

Jan 03, 2016 2:30 pm, Marriott Marquis, Nob Hill C & D
American Finance Association
Corporate Disclosure and Accounting (G3)
Presiding: Michelle Hanlon (Massachusetts Institute of Technology)
Competition and Bank Opacity
Liangliang Jiang (Lingnan University)
Ross Levine (University of California-Berkeley)
Lin Chen (University of Hong Kong)
[View Abstract] [Download Preview]
Financial Constraints and Corporate Disclosure: Evidence from Capital Market Segmentation
Rustom Irani (University of Illinois-Urbana-Champaign)
David Oesch (University of Zurich)
[View Abstract] [Download Preview]
The Informativeness and Monitoring Effect of Analysts’ Comments on Earnings Quality
Zhongwei Huang (City University London)
[View Abstract]
Discussants:
Joao Granja (Massachusetts Institute of Technology)
Michael Minnis (University of Chicago)
Mark T. Bradshaw (Boston College)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Finance and the Firm's Workforce (G3)
Presiding: David Matsa (Northwestern University)
The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity
Daniel Carvalho (University of Southern California)
Gordon Phillips (Dartmouth College)
[View Abstract] [Download Preview]
Winners and Losers of Financial Crises: Evidence from Individuals and Firms
Daniela Hochfellner (University of Michigan)
Joshua Montes (Congressional Budget Office)
Martin Schmalz (University of Michigan)
Denis Sosyura (University of Michigan)
[View Abstract] [Download Preview] [Download PowerPoint]
“Since You’re So Rich, You Must be Really Smart”: Talent and the Finance Wage Premium
Michael Johannes Boehm (University of Bonn)
Daniel Metzger (Stockholm School of Economics)
Per Stromberg (Stockholm School of Economics)
[View Abstract] [Download Preview]
Discussants:
John Haltiwanger (University of Maryland)
Jonathan Parker (Massachusetts Institute of Technology)
Thomas Lemieux (University of British Columbia)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Firms and Markets (G3)
Presiding: Gregor Matvos (University of Chicago )
Detail Disagreement and Innovation Booms
Valentin Haddad (Princeton University)
Paul Ho (Princeton University)
Erik Loualiche (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Collateral-Based Asset Pricing
Roberto Steri (University of Lausanne - Swiss Finance Institute)
[View Abstract] [Download Preview]
Brokers vs. Retail Investors: Conflicting Interests and Dominated Products
Mark Egan (University of Minnesota)
[Download Preview]
Discussants:
Bruce Carlin (University of California-Los Angeles)
Christian Opp (University of Pennsylvania)
Robert McDonald (Northwestern University)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Information Processing, Transmission and Trading (G1)
Presiding: Vyacheslav Fos (Boston College)
Investor Demand for Information in Newly Issued Securities
Scott Bauguess (Securities and Exchange Commission)
John Cooney (Texas Tech University)
Kathleen Hanley (Lehigh University)
[View Abstract] [Download Preview]
Potential Pilot Problems: Treatment Spillovers in Financial Regulatory Experiments
Ekkehart Boehmer (Singapore Management University)
Charles Jones (Columbia University)
Xiaoyan Zhang (Purdue University)
[View Abstract] [Download Preview]
How Quickly Do Markets Learn? Private Information Dissemination in a Natural Experiment
Robert Jackson (Columbia University)
Wei Jiang (Columbia University)
Joshua Mitts (Columbia University)
[View Abstract] [Download Preview]
Disclosure Timing, Information Asymmetry, and Stock Returns: Evidence from 8-K Filing Texts
Di (Andrew) Wu (University of Pennsylvania)
Itay Goldstein (University of Pennsylvania)
[View Abstract] [Download Preview]
Discussants:
Heather Tookes (Yale University)
Chester Spatt (Carnegie Mellon University)
Peter Koudijs (Stanford University)
Lily Fang (Massachusetts Institute of Technology)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Pricing of Variance and Tail Risk in Derivatives Markets (G1)
Presiding: Bryan Kelly (University of Chicago)
Where Do Informed Traders Trade First? Option Trading Activity, News Releases, and Stock Return Predictability
Martijn Cremers (University of Notre Dame)
Andy Fodor (Ohio University)
David Weinbaum (Syracuse University)
[View Abstract] [Download Preview]
Pricing of Idiosyncratic Equity and Variance Risks
Elise Gourier (Queen Mary University of London )
[View Abstract] [Download Preview]
Fear Trading
Paul Schneider (University of Lugano and Swiss Finance I)
Fabio Trojani (University of Lugano)
[View Abstract] [Download Preview]
Discussants:
Travis Johnson (University of Texas)
Kris Jacobs (University of Houston)
Stefano Giglio (University of Chicago)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Private Equity (G2)
Presiding: Victoria Ivashina (Harvard Business School)
How Much for a Haircut? Illiquidity, the Secondary Market, and the Value of Private Equity
Nicolas Bollen (Vanderbilt University)
Berk Sensoy (Ohio State University)
[View Abstract]
Private Equity Portfolio Company Fees
Ludovic Phalippou (University of Oxford)
Christian Rauch (Goethe University)
Marc Umber (Frankfurt School of Finance & Management)
[View Abstract] [Download Preview]
Interim Fund Performance and Fundraising in Private Equity
Brad Barber (University of California-Davis)
Ayako Yasuda (University of California-Davis)
[View Abstract] [Download Preview]
How Persistent is Private Equity Performance? Evidence from Deal-Level Data
Reiner Braun (Technical University Munich)
Tim Jenkinson (Oxford University)
Ingo Stoff (Technical University Munich)
[View Abstract] [Download Preview]
Discussants:
Arthur Korteweg (University of Southern California)
Andrey Malenko (Massachusetts Institute of Technology)
Sabrina Howell (New York University)
Jules van Binsbergen (University of Pennsylvania)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salon 8
American Finance Association
Sports, Economics and Finance (G1) (Panel Discussion)
Panel Moderator: Tobias Moskowitz (University of Chicago)
Daryl Morey (Houston Rockets of the National Basketball Association (NBA))
Brian Burke (Advanced NFL Analytics and ESPN)
Tobias Moskowitz (University of Chicago, NBER, and AQR)
Jeff Ma (TenXer and ESPN)

Jan 03, 2016 2:30 pm, Parc 55, Mission I
American Real Estate & Urban Economic Association
Chinese Housing Markets (R2, O1)
Presiding: Tsur Somerville (University of British Columbia)
Education and Rural-Urban Migration: The Role of Zhaosheng in China
Ping Wang (Washington University-St. Louis)
Pei-Ju Liao (Academia Sinica)
Yin-Chi Wang (Chinese University of Hong Kong)
Chong Kee Yip (Chinese University of Hong Kong)
[View Abstract]
Measuring the Stringency of Land-Use Regulation and Its Determinants: The Case of China's Building-Height Limits
Junfu Zhang (Clark University)
Jan Brueckner (University of California-Irvine)
Shihe Fu (Southwestern University of Finance and Economics)
Yizhen Gu (University of California-Berkeley)
[View Abstract] [Download Preview]
Housing Supply and Regulation in 35 Chinese Cities
Lingxiao Li (Longwood University)
Stephen Malpezzi (University of Wisconsin)
[View Abstract]
Understanding the Risk of China
Brent Ambrose (Pennsylvania State University)
Yongheng Deng (National University of Singapore)
Jing Wu (Tsinghua University)
[View Abstract] [Download Preview]
Discussants:
Kaiji Chen (Emory University)
Thomas Davidoff (University of British Columbia)
Raven Molloy (Federal Reserve Board)
Hua Sum (Iowa State University)

Jan 03, 2016 2:30 pm, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Real Estate Markets (R2, D9)
Presiding: Jeffrey Zabel (Tufts University)
Housing Decisions Under Divorce Risk
Natalia Khorunzhina (Copenhagen Business School)
Marcel Fischer (University of Konstanz)
[View Abstract] [Download Preview]
Advanced Space-Time Analysis: Application to the U.S. Housing Market
Darren Hayunga (University of Georgia)
Alexander Kolovos (SpaceTimeWorks, LLC)
[View Abstract] [Download Preview]
Immigration and Real Estate Returns
Andrey Pavlov (Simon Fraser University)
Tsur Somerville (University of British Columbia)
[View Abstract] [Download Preview]
Does Quality Matter in Local Consumption Amenities? An Empirical Investigation with Yelp
Chun Kuang (George Washington University)
[View Abstract] [Download Preview]
Discussants:
Nadia Greenhalgh-Stanley (Kent State University)
Alvin Murphy (Arizona State University)
Erik Johnson (University of Richmond)
Jenny Schuetz (Federal Reserve Board )

Jan 03, 2016 2:30 pm, Parc 55, Powell I
American Real Estate & Urban Economic Association
Urban Productivity (R1, R4)
Presiding: William Strange (University of Toronto)
Productivity, Congested Commuting, and Metro Size
Jordan Rappaport (Federal Reserve Bank of Kansas City)
[View Abstract] [Download Preview]
The Supply and Demand of Skilled Workers in Cities and the Role of Industry Composition
Jeffrey Brinkman (Federal Reserve Bank of Philadelphia)
[View Abstract] [Download Preview]
Space Race: Innovation and Productivity in Cities
Alexander Whalley (University of California-Merced)
Shawn Kantor (Florida State University )
[View Abstract]
The Local Impact of Containerization
Gisela Rua (Federal Reserve Board )
Leah Brooks (George Washington University)
Nicolas Gendron-Carrier (University of Toronto)
[View Abstract] [Download Preview]
Discussants:
Jeffery Lin (Federal Reserve Bank of Philadelphia)
Jorge de la Roca (New York University)
Victor Couture (University of California-Berkeley)
Jessie Handbury (University of Pennsylvania)

Jan 03, 2016 2:30 pm, Parc 55, Market Street
Association for Comparative Economic Studies
Money’s Too Tight to Mention: Determinants and Effects of Firms’ Financing Constraints (G2, F3)
Presiding: Katja Neugebauer (London School of Economics)
The Limits of Lending. Banks and Technology Adoption across Russia
Çağatay Bircan (EBRD)
Ralph De Haas (EBRD)
[View Abstract] [Download Preview]
Markups, Productivity and the Financial Capability of Firms
Carlo Altomonte (Bocconi University and Bruegel)
Italo Colantone (Bocconi University)
Domenico M. Favoino (Bocconi University)
Tommaso Sonno (IRES-ULC and Bocconi University)
[View Abstract] [Download Preview]
Don’t Stop Me Now: The Impact of Credit Market Segmentation on Firms’ Financing Constraints
Franziska Bremus (DIW Berlin)
Katja Neugebauer (Systemic Risk Centre and London School of Economics)
[View Abstract] [Download Preview]
The Real Effects of Credit Constraints. Evidence from Discouraged Borrowers in the Euro Area
Annalisa Ferrando (European Central Bank)
Klaas Mulier (Ghent University)
[View Abstract] [Download Preview]
Discussants:
Katheryn N. Russ (University of California-Davis)
Ralph De Haas (EBRD)
John Bonin (Wesleyan University)
Katja Neugebauer (London School of Economics)

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra A
Association for Economic and Development Studies on Bangladesh
Microeconometric Studies on Development (O1, L1)
Presiding: Tanweer Akram (Voya Investment Management)
Can a Rule-of-Thumb Tool Improve Fertilizer Management? Experimental Evidence from Bangladesh
Mahnaz Islam (Harvard University)
[View Abstract]
Do Consumers Benefit from Supply Chain Intermediaries? Evidence from a Policy Experiment in Edible Oils Market in Bangladesh
M. Shahe Emran (Columbia University)
Forhad Shilpi (World Bank)
M. Helal Uddin (University of Dhaka)
Dilip Mookherjee (Boston University)
[View Abstract] [Download Preview] [Download PowerPoint]
Managerial Capital and Productivity: Evidence from a Training Program in the Bangladeshi Garment Sector
Rocco Macchiavello (University of Warwick)
Andreas Menzel (University of Warwick)
Atonu Rabbani (University of Dhaka)
Christopher Woodruff (University of Warwick)
[View Abstract] [Download Preview]
Household Recombination, Retrospective Evaluation, and Educational Mobility over 40 Years
Andrew Foster (Brown University)
Sveta Milusheva (Brown University)
[View Abstract] [Download Preview]
Discussants:
Rachel Heath (University of Washington)
Raymond Guiteras (University of Maryland)
Marcel Fafchamps (Stanford University)
Paul Schultz (Yale University)

Jan 03, 2016 2:30 pm, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Inside Institutions: Evolutionary Perspectives (B5, E2)
Presiding: Kosta Josifidis (University of Novi Sad-Serbia)
Inside of the Institution of Growthmanship: Reprising the Stagnation Hypothesis
James M. Cypher (Universidad Autónoma de Zacatecas-Mexico)
[View Abstract]
Probing Deeper Inside of Evolution: Mutual Aid versus Competition
John Hall (Portland State University)
Svetlana Kirdina (Russian Academy of Sciences)
[View Abstract] [Download Preview]
Inside Institutions of Progressive Era Social Sciences: The Interdisciplinarity between Economics and Sociology
Marco Cavalieri (Federal University of Paraná-Brazil)
[View Abstract]
Inside of the Institution of Minimum Wages in Europe: Between the Devils of Neoliberal Globalization and Work Automation
Pascal Petit (Centre d’économie de Paris Nord)
[View Abstract] [Download Preview]
Inside of Income Inequalities and Workers' Powerlessness in Selected OECD Countries
Kosta Josifidis (University of Novi Sad-Serbia)
Novica Supic (University of Novi Sad-Serbia)
[View Abstract] [Download Preview]
Discussants:
Faruk Ülgen (University Grenoble Alpes-France)

Jan 03, 2016 2:30 pm, Marriott Marquis, Pacific B
Association for Social Economics
Financialisation and Inequality (E4, D6)
Presiding: Philip Arestis (University of Cambridge)
Direct Evidence on the Financial Sources of Rising and Falling Inequality
James K. Galbraith (University of Texas-Austin)
[View Abstract]
Financial Deepening and Economic Inequality
Salvatore Morelli (Center for Studies in Economics and Finance and University of Naples)
[View Abstract]
Rising Inequality, Household Finance, and Prospects for the U.S. Economy
Barry Z Cynamon (Federal Reserve Bank of Saint Louis)
Steven M Fazzari (Washington University-St. Louis)
[View Abstract] [Download Preview]
The Financial Sector, Economic Growth and the Inequality of Income Nexus: A Critical Assessment
John S.L McCombie (University of Cambridge)
Marta Spreafico (Catholic University of Milan)
[View Abstract]
Inequality and Indebtedness: Domestic and International Considerations
Michael Kumhof (Bank of England)
Claire Lebarz (Paris School of Economics)
Romain Ranciere (Paris School of Economics and International Monetary Fund)
Alexander W. Richter (Auburn University)
Nathaniel A. Throckmorton (College of William and Mary)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Marriott Marquis, Walnut
Association for the Study of Generosity in Economics
Charitable Giving and Natural Disasters (D6, H4)
Presiding: Abigail Payne (McMaster University)
Do Causes Crowd Each Other Out? Evidence From Tornado Strikes
Benjamin M. Marx (University of Illinois-Urbana-Champaign)
Tatyana Deryugina (University of Illinois)
[View Abstract] [Download Preview] [Download PowerPoint]
The Sensitivity of Charitable Giving to the Timing and Salience of Tax Credits
Ross Hickey (University of British Columbia - Okanagan)
Bradley Minaker (McMaster University)
Abigail Payne (McMaster University)
[View Abstract] [Download Preview]
Do disaster appeals reduce other donations? Evidence from the U.K.
Sarah Smith (University of Bristol)
Mark O. Wilhelm (Indiana University-Purdue University Indianapolis)
Kimberley Scharf (University of Warwick)
[View Abstract] [Download Preview]
Discussants:
Sarah Jacobson (Williams College)
Andreas Madestam (Stockholm University)
Andreas Lange (University of Hamburg)

Jan 03, 2016 2:30 pm, Hilton Union Square, Sutter A & B
Association of Environmental & Resource Economists/American Economic Association
Economics of Climate Change (Q5)
Presiding: Vic Adamowicz (University of Alberta)
Strategic Social Cost of Carbon
Matthew Kotchen (Yale University)
[View Abstract]
Inequality and the Social Cost of Carbon
David Anthoff (University of California-Berkeley)
Johannes Emmerling (Fondazione Eni Enrico Mattei)
[View Abstract]
Smart Cap
Christian Traeger (University of California-Berkeley)
Larry Karp (University of California-Berkeley)
[View Abstract]
Collective Intertemporal Choice: Time Consistency vs. Time Invariance
Antony Millner (London School of Economics)
Geoffrey Heal (Columbia University)
[View Abstract] [Download Preview]
Discussants:
Gernot Wagner (Environmental Defense Fund)
Lawrence Goulder (Stanford University)
Severin Borenstein (University of California-Berkeley)
Benjamin Groom (London School of Economics)

Jan 03, 2016 2:30 pm, Marriott Marquis, Pacific C
Association of Financial Economists
Managerial Traits, Life Experiences and Firm Behavior (G3, G3)
Presiding: Manju Puri (Duke University)
Lehman Sisters
Renée B. Adams (University of New South Wales)
Vanitha Ragunathan (University of Queensland)
[View Abstract] [Download Preview]
Do Women Stay out of Trouble? Evidence from Corporate Litigation
Binay Adhikari (Miami University)
Anup Agrawal (University of Alabama)
James Malm (College of Charleston)
[View Abstract] [Download Preview] [Download PowerPoint]
Terrorism, Emotions, and Corporate Policies
Constantinos Antoniou (University of Warwick)
Alok Kumar (University of Miami)
Anastasios Maligkris (University of Warwick)
[View Abstract] [Download Preview]
Do Shocks to Personal Wealth Affect Risk-Taking in Delegated Portfolios?
Veronika Pool (Indiana University)
Noah Stoffman (Indiana University)
Scott Yonker (Cornell University)
Hanjiang Zhang (Nanyang Technological University)
[View Abstract] [Download Preview]
Discussants:
Geoffrey Tate (University of North Carolina)
Scott Yonker (Cornell University)
Kenneth Ahern (University of Southern California)
Leonard Kostovetsky (Boston College)

Jan 03, 2016 2:30 pm, Parc 55, Divisadero
Chinese Economic Association in North America
Trade, Innovation and Economic Growth (O4, O1)
Presiding: Jang-Ting Guo (University of California-Riverside)
A New Way of Solving the Melitz Model Using Simple and Intuitive Diagrams
Paul S. Segerstrom (Stockholm School of Economics)
Yoichi Sugita (Institute of Developing Economies)
[View Abstract]
Equilibrium Dynamics of an Endogenous Growth Model Under Alternative Financial Constraints
Been-Lon Chen (Academia Sinica)
[View Abstract]
Research Policy and U.S. Economic Growth
Richard M. H. Suen (University of Leicester)
[View Abstract] [Download Preview]
Through Scarcity to Prosperity: A Theory of the Transition to Sustainable Growth
Pietro F. Peretto (Duke University)
[View Abstract]
Discussants:
Richard M. H. Suen (University of Leicester)
Jang-Ting Guo (University of California-Riverside)
Paul S. Segerstrom (Stockholm School of Economics)
Shu-Hua Chen (National Taipei University)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 24
Cliometric Society
Money and Banking: Local and Global (N2)
Presiding: Claude Diebolt (University of Strasbourg)
Bank Concentration in the United States, 1800-1914
Matthew Jaremski (Colgate University)
Caroline Fohlin (Emory University)
[View Abstract] [Download Preview]
Global Banking and the International Transmission of the 1931 Financial Crisis
Olivier Accominotti (London School of Economics)
[View Abstract] [Download Preview]
Is Paper Money Just Paper Money? Experimentation and Variation in the Paper Monies Issued by the American Colonies from 1690 to 1775
Farley Grubb (University of Delaware)
[View Abstract] [Download Preview]
UK Monetary and Credit Policy around the Radcliffe Report
Oliver Bush (London School of Economics)
David Aikman (Bank of England)
Alan M. Taylor (University of California-Davis)
[View Abstract] [Download Preview]
Discussants:
Vincent Bignon (Banque of France)
Eric Monnet (Bank of France)
Sumner La Croix (University of Hawaii)
Gary Richardson (University of California-Irvine)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 16
Econometric Society
Bureaucrats and Politicians: Experimental and Quasi-Experimental Studies (A1)
Presiding: Johanna Rickne (Research Institute for Industrial Economics)
Who Becomes a Politician?
Olle Folke (Columbia University)
Johanna Rickne (Research Institute for Industrial Economics)
Ernesto Dal Bo (University of California, Berkeley)
Frederico Finan (University of California, Berkeley)
Torsten Persson (Stockholm University)
[View Abstract] [Download Preview]
The Determinants and Consequences of Bureaucratic Effectiveness: Evidence from the Indian Administrative Service
Marianne Bertrand (University of Chicago)
Robin Burgess (London School of Economics)
Arunish Chawla (Department of Economics)
Guo Xu (London School of Economics)
Personalities and Public Sector Performance: Evidence from a Health Experiment in Pakistan
Michael Callen (Harvard University)
Saad Gulzar (New York University)
Ali Hasanain (Lahore University of Management Sciences)
Yasir Khan (International Growth Center)
[View Abstract] [Download Preview]
Efficiency Wages in the Public Sector? Evidence from a Natural Experiment
Nava Ashraf (Harvard Business School)
Oriana Bandiera (LSE)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 3 & 4
Econometric Society
Financial Crises in Historical Perspective (A1)
Presiding: Thomas Gehrig (University of Wien)
How Did Pre-Fed Panics End?
Gary Gorton (Yale University)
Ellis Tallman (Federal Reserve Bank of Cleveland)
[View Abstract] [Download Preview]
Rumors and Runs in Opaque Markets: Evidence from the 1907 Panic
Caroline Fohlin (Emory University)
Thomas Gehrig (University of Wien)
Marlene Haas (University of Wien)
[View Abstract] [Download Preview]
Bubbles and Central Banks: Historical Perspectives
Markus K. Brunnermeier (Princeton University)
Isabel Schnabel (University of Bonn)
[View Abstract] [Download Preview]
Liquidity Risk, Bank Networks, and the Value of Joining the Fed
Charles Calomiris (Columbia University)
Matthew Jaremski (Colgate University and U.S. Dept. of the Treasury)
Haelim Park (U.S. Dept. of the Treasury)
Gary Richardson (Federal Reserve Bank of Richmond and UC Irvine)
[View Abstract]
Discussants:
Charles Calomiris (Columbia University)
Valentin Haddad (Princeton)
Gary Gorton (Yale University)
Thomas Gehrig (University of Wien)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 5 & 6
Econometric Society
Forecasting and Prediction (A1)
Presiding: Barbara Rossi (University Pompeu Fabra and Barcelona GSE)
Robust Forecast Comparison
Valentina Corradi (University of Surrey)
Sainan Jin (School of Economics)
Norman Swanson (Rutgers University)
[View Abstract] [Download Preview]
Alternative Tests for Correct Specification of Conditional Forecast Densities
Barbara Rossi (University Pompeu Fabra and Barcelona GSE)
Tatevik Sekhposyan (Texas A&M University)
[View Abstract] [Download Preview]
Core Inflation and Trend Inflation
James Stock (Harvard University)
Mark Watson (Princeton University)
[View Abstract] [Download Preview]
A Regime-Switching Model of the Yield Curve at the Zero Bound
Jens Christensen (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 15
Econometric Society
Innovation and Technological Change (A1)
Presiding: Benjamin Roin (Massachusetts Institute of Technology)
The Lifecycle of Inventors
Alex Bell (Harvard University)
Raj Chetty (Stanford University)
Xavier Jaravel (Harvard University)
Neviana Petkova (United States Department of Treasury)
John Van Reenen (London School of Economics)
Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China
Lily Fang (Massachusetts Institute of Technology and INSEAD)
Josh Lerner (Harvard University)
Chaopeng Wu (Xiamen University)
[View Abstract] [Download Preview] [Download PowerPoint]
The Intellectual Spoils of War
Enrico Moretti (University of California-Berkeley)
Claudia Steinwender (Harvard Business School)
John Van Reenen (London School of Economics)
[View Abstract] [Download Preview]
Missing Markets for Innovation
Eric Budish (University of Chicago)
Benjamin Roin (Massachusetts Institute of Technology)
Heidi Williams (Massachusetts Institute of Technology)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 19
Econometric Society
Labor Markets in Developing Economies (A1)
Presiding: Supreet Kaur (Columbia University)
Diversity and Team Performance in a Kenyan Organization
Benjamin Marx (Massachusetts Institute of Technology)
Vincent Pons (Harvard Business School)
Tavneet Suri (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Labor Market Experience and Returns to Education in Rapidly Developing Economies
Binzhen Wu (School of Economics and Management)
Hongbin Li (Tsinghua University)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 20
Econometric Society
Uncertainty, Risk and Fluctuations (A1)
Presiding: Joseph Vavra (University of Chicago)
Time-Varying Idiosyncratic Risk and Aggregate Consumption Dynamics
Alisdair McKay (Boston University)
[View Abstract] [Download Preview]
Fluctuations in Uncertainty, Efficient Borrowing Constraints and Firm Dynamics
Sebastian Dyrda (University of Minnesota and University of Toronto (since July 2015))
[View Abstract]
Black Swans and the Many Shades of Uncertainty
Nicholas Kozeniauskas (New York University)
Anna Orlik (Federal Reserve Board of Governors)
Laura Veldkamp (NYU Stern)
[View Abstract] [Download Preview]
Short and Long Run Uncertainty
Nicholas Bloom (Stanford University)
Jose Maria Barrero (Stanford University)
Ian Wright (Stanford University)
[View Abstract] [Download Preview]
Volatility and Pass-Through
David W. Berger (Northwestern University)
Joseph Vavra (University of Chicago)
[View Abstract] [Download Preview]

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra B
Economic Science Association
Internet Feedback Systems (C9, D4)
Presiding: Ben Greiner (University of New South Wales)
The Limits of Reputation in Platform Markets
Chris Nosko (University of Chicago and eBay Research Labs)
Steven Tadelis (University of California-Berkeley, NBER and eBay Research Labs)
[View Abstract]
Why Do People Rate? Theory and Evidence on Online Ratings
Jonathan Lafky (Lafayette College)
[View Abstract] [Download Preview]
Conflict Resolution Versus Conflict Escalation in Online Markets
Gary E. Bolton (University of Texas-Dallas)
Ben Greiner (University of New South Wales)
Axel Ockenfels (University of Cologne)
[View Abstract] [Download Preview]
Feedback Systems and Agent Behavior
Luis Cabral (New York University)
[View Abstract]
Discussants:
Gary E. Bolton (University of Texas-Dallas)
Andrey Fradkin (NBER)
Ginger Zhe Jin (University of Maryland)
John Wooders (University of Technology-Sydney)

Jan 03, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 2
Economists for Peace & Security
Balancing National Security and Transparency (Y9) (Panel Discussion)
Panel Moderator: Richard Kaufman (Bethesda Research Institute)
Yanis Varoufakis (Hellenic Republic)
Robert Skidelsky (Warwick University)
Linda Bilmes (Harvard University)
Daniel Ellsberg (Nuclear Age Peace Foundation)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 23
History of Economics Society
200 Years of Women Economists (Co-Hosted with CSWEP) (B1, B2)
Presiding: Margaret Levenstein (University of Michigan)
Jane Marcet and the Scholarship of Popularization
Evelyn Forget (University of Manitoba)
[View Abstract] [Download Preview]
Women in the American Economics Association: The First Sixty Years (1885-1945)
Ann Mari May (University of Nebraska)
Robert Dimand (Brock University)
[View Abstract] [Download Preview]
Female Award Winners in Economics
Kirsten Madden (Millersville University)
[View Abstract] [Download Preview]
Women Economists in the Academy: Struggles and Strategy, 1890-1940
Mary Ann Dzuback (Washington University-St. Louis)
[View Abstract] [Download Preview]
Discussants:
Claire Hammond (Wake Forest University)
Deirdre McCloskey (University of Illinois-Chicago)
Margaret Levenstein (University of Michigan)

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra H
International Banking, Economics and Finance Association
The Market Microstructure of Monetary Policy (G1, E5)
Presiding: Michael Ehrmann (Bank of Canada)
The Scarcity Value of Treasury Collateral: Repo Market Effects of Security-Specific Supply and Demand Factors
Yuriy Kitsul (Federal Reserve Board)
Stefania D'Amico (Federal Reserve Bank of Chicago)
Roger Fan (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]
MBS Liquidity: Drivers and Risk Premiums
Marcelo Ochoa (Federal Reserve Board)
Yuriy Kitsul (Federal Reserve Board)
[View Abstract] [Download Preview]
Monetary Policy under the Microscope: Intra-Bank Transmission of Asset Purchase Programs of the ECB
Michael Koetter (Frankfurt School of Finance & Management and Institute for Economic Research Halle IWH)
Lisa Cycon (Frankfurt School of Finance & Management)
[View Abstract] [Download Preview]
Does Easing Monetary Policy Increase Financial Instability?
Alessandro Rebucci (Johns Hopkins University)
Ambrogio Cesa-Bianchi (Bank of England)
[View Abstract] [Download Preview]
Discussants:
Allen Zhang (U.S. Department of Treasury)
David Lucca (Federal Reserve Bank of New York)
Sascha Steffen (University of Mannheim and ZEW)
Zheng Liu (Federal Reserve Bank of San Francisco)

Jan 03, 2016 2:30 pm, Parc 55, Davidson
Labor & Employment Relations Association
Public Higher Education under Stress: Toward New Social Coalitions Amidst Changing Employment Relations? (J5)
Presiding: Gregory Saltzman (Albion College)
Fresh Cracks in the Divided Welfare State: The Rise of Finance and the Emergence of New Higher Education Policy Coalitions in the U.S.
Charlie Eaton (University of California-Berkeley)
[View Abstract]
Diverging Lines of Conflict in the Politics of Higher Education
Tobias Schulze-Cleven (Rutgers University)
[View Abstract]
Worlds Apart: The Growing Divide Between Elite Private Research Universities and their Cost-Effective Public Counterparts
Henry Brady (University of California-Berkeley)
[View Abstract]
Discussants:
Robert Shireman (Century Foundation)
Kathryn Lybarger (California Labor Federation)

Jan 03, 2016 2:30 pm, Parc 55, Balboa
Labor & Employment Relations Association
Whatever Happened to Incomes Policy? In Honor of the Late Lloyd Ulman (J3)
Presiding: Sanford Jacoby (University of California-Los Angeles)
Neocorporatism and Incomes Policy in Europe: Past, Present and Future
Barry Eichengreen (University of California-Berkeley)
[View Abstract]
Whatever Happened to U.S. Incomes Policy?
Robert J. Flanagan (Stanford University)
[View Abstract]
Incomes Policy in Germany and Partial Decentralization of Collective Bargaining
Knut Gerlach (University of Hannover)
[View Abstract] [Download Preview]
Wage and Price Inflation in the 1990s: Perspectives from the Council of Economic Advisers
Laura Tyson (University of California-Berkeley)
[View Abstract]
Discussants:
Clair Brown (University of California-Berkeley)
Paola Giuliano (University of California-Los Angeles)

Jan 03, 2016 2:30 pm, Hilton Union Square, Union Square 17 & 18
National Association for Business Economics
The United States and Global Economic Outlook (E6) (Panel Discussion)
Panel Moderator: Lisa Emsbo-Mattingly (Fidelity Investments)
Douglas G. Duncan (Fannie Mae) The U.S. Housing Market Outlook
Lisa Emsbo-Mattingly (Fidelity Investments) U.S. and Global Financial Market Outlook
Martin Feldstein (Harvard University) The U.S. Economic Outlook
Catherine L. Mann (OECD) The Global Economic Outlook
Loretta J. Mester (Federal Reserve Bank of Cleveland) U.S. Economic and Monetary Policy Developments

Jan 03, 2016 2:30 pm, Marriott Marquis, Pacific J
National Association of Forensic Economics
Exposing Weaknesses in Forensic Economic Analysis (K1, A1)
Presiding: David Schap (College of the Holy Cross)
Pitfalls in Forensic Economic Analysis: Valuation
Christopher Young (Sobel-Tinari Economics Group, LLC)
[View Abstract]
Pitfalls in Forensic Economic Analysis: Employment
Dwight Steward (EmployStats)
[View Abstract]
Pitfalls in Forensic Economic Analysis: Commercial Damages
Steven Shapiro (New York Institute of Technology)
[View Abstract]
Discussants:
Michele Angerstein-Gaines (Economic Consulting)
Marc Weinstein (Team Economics, LLC)
Stephen Horner (Economic Consulting)

Jan 03, 2016 2:30 pm, Hilton Union Square, Powell A & B
National Economic Association
Policy Interventions and Educational Outcomes (I2, I3)
Presiding: Ronald Oaxaca (University of Arizona)
Coordinated Admissions Program
Rodney Andrews (University of Texas-Dallas)
[View Abstract] [Download Preview]
Match or Mismatch? The Role of College Readiness, High School Peers, and Application Uncertainty on College Application Behavior
Sandra E. Black (University of Texas-Austin)
Kalena Cortes (Texas A&M University)
Jane Arnold Lincove (Tulane University)
[View Abstract]
Is the Best Interest of the Child Best for Children? Educational Attainment and Child Custody Assignment
Trevon Logan (Ohio State University)
Yang Chen (IMPAQ International)
[View Abstract]
Education Environment Context Switching and Its Effects on Performance and Instructor Evaluation
Salvador Contreras (University of Texas-Rio Grande Valley)
[View Abstract]
Discussants:
Marie T. Mora (University of Texas Rio Grande Valley)
Lisa D. Cook (Michigan State University)
Mark Lopez (Pew Research Center)
Omari H. Swinton (Howard University)

Jan 03, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 14 & 15
National Tax Association
Taxes and Mobility (H2, H3)
Presiding: David R. Agrawal (University of Kentucky)
The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists
Enrico Moretti (University of California-Berkeley)
Daniel J. Wilson (Federal Reserve Bank of San Francisco)
[Download Preview]
Taxation and the International Mobility of Inventors
Ufuk Akcigit (University of Chicago)
Salome Baslandze (University of Pennsylvania)
Stefanie Stantcheva (Harvard University)
Effective Tax Rates and Effective Progressivity in a Fiscally Decentralized Country
Marcus Roller (Universitat Basel)
Kurt Schmidheiny (Universitat Basel)
[View Abstract] [Download Preview]
State Taxes and Spatial Misallocation
Pablo Fajgelbaum (University of California-Los Angeles)
Eduardo Morales (Princeton University)
Juan Carlos Suarez Serrato (Duke University)
Owen Zidar (University of Chicago)
[Download Preview]
Discussants:
Jon M. Bakija (Williams College)
Cristobal Young (Stanford University)
Jesse Gregory (University of Wisconsin-Madison)
Ian Schmutte (University of Georgia)

Jan 03, 2016 2:30 pm, Parc 55, Mason
Peace Science Society International/American Economic Association
The Effects of Conflict (F5, I1)
Presiding: Carlos Seiglie (Rutgers University)
Medium-Term Health Impacts of Shocks Experienced In Utero and After Birth: Evidence from Detailed Geographic Information on War Exposure
Richard Akresh (University of Illinois-Urbana-Champaign)
German Caruso (World Bank)
Harsha Thirumurthy (University of North Carolina)
[View Abstract] [Download Preview]
The Impact of Refugee Crises on Host Labor Markets: the Case of the Syrian Refugee Crisis in Turkey
Yusuf Emre Akgündüz (Utrecht University)
Marcel van den Berg (Statistics Netherlands)
Wolter Hassink (Utrecht University)
[View Abstract] [Download Preview]
The War at Home: Military Service and Domestic Violence (with W. Stojetz)
Tilman Brück (Institute of Vegetable and Ornamental Crops and London School of Economics)
[View Abstract] [Download Preview] [Download PowerPoint]
Valuing Peace: The Effects of Financial Market Exposure on Votes and Political Attitudes
Saumitra Jha (Stanford University)
Moses Shayo (Hebrew Universtiy)
[View Abstract] [Download Preview]
Discussants:
Plamen Nikolov (State University of New York–Binghamton University)
Phanindra V. Wunnava (Middlebury College and IZA)
Julia Schwenkenberg (Rutgers University)
Solomon W. Polachek (State University of New York-Binghamton University)

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra I
Society of Government Economists
Changes in the Labor Market (J3, J6)
Presiding: Amelie Constant (Institute for the Study of Labor)
The Recent Decline of Residential Mobility and Job Switching
Henry R. Hyatt (U.S. Census Bureau)
Erika McEntarfer (U.S. Census Bureau)
Ken Ueda (University of Maryland)
Alexandria Zhang (Johns Hopkins University)
[View Abstract]
Imperfect Substitution, and Age-Differential Changes in the Wage Structure
Takashi Yamashita (U.S. Bureau of Economic Analysis)
[View Abstract]
Offshoring, Low-Skilled Immigration, and Labor Market Polarization
Andrei Zlate (Federal Reserve Bank of Boston)
Federico S. Mandelman (Federal Reserve Bank of Atlanta)
[View Abstract] [Download Preview]
Intergenerational Long Term Effects of Preschool - Structural Estimates from a Discrete Dynamic Programming Model
Lakshmi K. Raut (Social Security Administration)
James J. Heckman (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Robert G. Valletta (Federal Reserve Bank of San Francisco)
Kristin McCue (U.S. Census Bureau)
Brad Hershbein (Upjohn Institute)
Ananth Seshadri (University of Wisconsin-Madison)

Jan 03, 2016 2:30 pm, Marriott Marquis, Sierra J
Union for Radical Political Economics
Heterodox Approaches to Trade and Development (F1)
Presiding: Paul Cooney (Universidad Nacional de General Sarmiento)
Changing Export Structure of the Turkish Manufacturing: A Story of New Dependency
Armağan Gezici (Keene State College)
Özgür Orhangazi (Kadir Has University)
[View Abstract]
Struggling for the Gains in Global Value Chains
Xiao Jiang (Denison University)
José Caraballo (University of Puerto Rico)
[View Abstract] [Download Preview]
Sustainability of the Decline in Inequality in Latin America: The Effects of Changing Trade Patterns
Carmen Rosa Marull Maita (Freie Universität Berlin)
Luis D. Rosero (Framingham State University)
[View Abstract] [Download Preview]
The Anarchy of Globalization: Local and Global, Intended and Unintended Consequences
Michael Perelman (California State University-Chico)
[View Abstract]
Reprimarization: Implications for the Environment and Development
Paul Cooney (Universidad Nacional de General Sarmiento)
[View Abstract] [Download Preview]
Discussants:
Peter Bent (University of Oxford/University of Massachusetts-Amherst)
Alexandria Eisenbarth (New School)
Paul Cooney (Universidad Nacional de General Sarmiento)

Jan 03, 2016 2:30 pm, Marriott Marquis, Pacific I
Union for Radical Political Economics
New Developments in Sraffian Theory (B2)
Presiding: Robin Hahnel (American University)
Piero Sraffa’s Early Work on Joint Production: Probing the Intricacies of Multiple-product Systems
Heinz Kurz (University of Graz-Austria)
[View Abstract]
Environmental Sustainability in a Sraffa Framework
Robin Hahnel (American University)
[View Abstract] [Download Preview]
Hecksher-Ohlin-Samuelson Trade Theory and Capital Theory
Naoki Yoshihara (Hitotsubashi University)
[View Abstract] [Download Preview]
Classical Economics after Sraffa
Neri Salvadori (University of Pisa)
[View Abstract] [Download Preview]
Sraffa’s Economics Reconsidered
Pier Luigi Porta (University of Milano-Bicocca)
[View Abstract] [Download Preview]
Discussants:
Riccardo Belloriore (University of Bergamo)
Scott Carter (University of Tulsa)

Jan 03, 2016 4:45 pm, Hilton Union Square, Continental Ballroom 5 & 6
American Economic Association
Richard T. Ely Lecture
Presiding: Robert Shiller (Yale University)
John Y. Campbell (Harvard University) Restoring Rational Choice: The Challenge of Consumer Finance

Jan 03, 2016 4:45 pm, Parc 55, Cyril Magnin II
Labor & Employment Relations Association
Featured Plenary: The Changing Job Market: What to Expect (J1)
Presiding: Jesse Rothstein (University of California-Berkeley)
Five Challenges the Labor Market Faces and the Implications for Economic Growth
Betsey Stevenson (University of Michigan)
Work in the Sharing Economy
Alan B. Krueger (Princeton University)

Jan 03, 2016 6:00 pm, Hilton Union Square, Continental Ballroom 5 & 6
American Economic Association
Business Meeting


Jan 04, 2016

Jan 04, 2016 7:45 am, Marriott Marquis, Foothill G
Association for Social Economics
Presidential Breakfast - Fee Event
Presiding: Giuseppe Fontana (University of Leeds (UK) and University of Sannio (Italy))
Ellen Mutari (Stockton University) Social Practices and Economic Life

Jan 04, 2016 8:00 am, Marriott Marquis, Walnut
African Finance & Economics Association
International Trade and Macroeconomic Policy Considerations in African Economic Development (F4)
Presiding: Zuzana Brixiová (African Development Bank, IZA and University of Cape Town)
Empirical Evidence of Exchange Rate Pass-Through to Prices and Inflations in Ghana
Edward E. Ghartey (University of West Indies)
[View Abstract] [Download Preview] [Download PowerPoint]
Inflation Volatility and Labor Institutions in a panel of OECD countries
Jonathan Attey (Temple University)
Cristelle Kouame (Temple University)
[View Abstract] [Download Preview]
Firm Level Determinants of International Certification in Sub-Saharan Africa
Mahelet G. Fikru (Missouri University of Science and Technology)
[View Abstract] [Download Preview]
Institutional Framework and Taxation in African Countries: A Comparative Analysis of Small-Scale Firms in Benin, Ghana, and Togo
Moussa P. Blimpo (University of Oklahoma)
Paul C. Dower (New Economic School)
[View Abstract]
Analysis of Gender Equality in Youth Employment in Africa
John Anyanwu (African Development Bank)
[View Abstract] [Download Preview]
Creditor Protection Law and Venture Capital Investment in Africa: Country-Level Evidence
Jonathan O. Adongo (Missouri Southern State University)
[View Abstract] [Download Preview]
Discussants:
Stephen Armah (Ashesi University College-Ghana)
John Anyanwu (African Development Bank)
Edward E. Ghartey (University of West Indies)
Mahelet G. Fikru (Missouri University of Science and Technology)
Jonathan Attey (Temple University)
Kidaya Ntoko (Orange County Community College)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Food Access, Food Choice and Obesity: Theoretical and Empirical Advances (I1, Q1)
Presiding: Di Zeng (University of Arkansas)
Food Desert and Weight Outcome: Disentangling confounding mechanisms
Di Zeng (University of Arkansas)
Rodolfo M. Nayga, Jr. (University of Arkansas)
Michael R. Thomsen (University of Arkansas)
[View Abstract] [Download Preview]
Food Access and Food Expenditures: A Multidimensional Examination
Jacqueline Yenerall (Virginia Tech)
Wen You (Virginia Tech)
[View Abstract] [Download Preview]
Can the Rise in Obesity in France be Blamed on the Food Environment? Evidence from French Urban Data
France Caillavet (INRA-ALISS)
Gayaneh Kyureghian (Korea University)
Rodolfo M. Nayga, Jr. (University of Arkansas)
Pierre Chauvin (INSERM)
[View Abstract] [Download Preview]
Discussants:
Louis-Georges Soler (INRA-ALISS)

Jan 04, 2016 8:00 am, Hilton Union Square, Franciscan D
American Economic Association
Behavioral Development Economics - New Theory and Evidence (O1, D9)
Presiding: Gautam Rao (Harvard University)
The Cost of Keeping Track
Johannes Haushofer (Princeton University)
[View Abstract]
The Expertise of the Poor
Anuj K. Shah (University of Chicago)
[View Abstract] [Download Preview]
Self-Control and Chronic Illness: Evidence and Structural Estimation From a Field Experiment
Gautam Rao (Harvard University)
Edward Miguel (University of California-Berkeley and NBER)
Benjamin Handel (University of California-Berkeley and NBER)
Liang Bai (University of Edinburgh)
[View Abstract]
Alcohol and Self-Control: A Field Experiment in India
Frank Schilbach (Harvard University)
[View Abstract]
Discussants:
Aprajit Mahajan (University of California-Berkeley)
Sendhil Mullainathan (Harvard University)
Paul Niehaus (University of California-San Diego)

Jan 04, 2016 8:00 am, Hilton Union Square, Franciscan C
American Economic Association
Big Data in the Labor Market: New Research from Job Boards and Networking Sites (J6, C8)
Presiding: Peter Kuhn (University of California-Santa Barbara)
Age and Gender Profiling in the Chinese and Mexican Labor Markets: Evidence from Four Job Boards
Miguel Delgado Helleseter (University of California-Santa Barbara)
Peter Kuhn (University of California-Santa Barbara)
Kailing Shen (Australian National University)
[View Abstract] [Download Preview]
Is Technological Change Exacerbated in Recessions? Evidence from Vacancy Postings
Brad Hershbein (Upjohn Institute)
Lisa Kahn (Yale University)
[View Abstract]
The More You Know: Information Effects in Job Application Rates by Gender In A Large Field Experiment
Laura Gee (Tufts University)
[View Abstract] [Download Preview]
Mismatch Unemployment and the Geography of Job Search
Ioana Marinescu (University of Chicago)
Roland Rathelot (University of Warwick)
[View Abstract] [Download Preview]
Discussants:
Amanda Agan (Princeton University)
John Joseph Horton (New York University)
Christopher Stanton (London School of Economics)
Vera Brencic (University of Alberta)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 17 & 18
American Economic Association
Capital Controls (F3, E6)
Presiding: Zheng Liu (Federal Reserve Bank of San Francisco)
The Real Effects of Capital Controls: Credit Constraints, Exporters and Firm Investment
Laura Alfaro (Harvard University)
Anusha Chari (University of North Carolina)
Fabio Kanczuk (University of Sao Paulo)
[View Abstract] [Download Preview]
Capital Controls or Real Exchange Rate Policy?
Gianluca Benigno (London School of Economics)
Huigang Chen (MarketShare Partners)
Christopher Otrok (University of Missouri)
Alessandro Rebucci (Johns Hopkins University)
Eric R. Young (University of Virginia)
[View Abstract] [Download Preview]
On the Desirability of Capital Controls
Jonathan Heathcote (Federal Reserve Bank of Minneapolis)
Fabrizio Perri (University of Minnesota)
[View Abstract] [Download Preview]
Reserve Requirement and Optimal Chinese Stabilization Policy
Chun Chang (Shanghai Jiao Tong University)
Zheng Liu (Federal Reserve Bank of San Francisco)
Mark M. Spiegel (Federal Reserve Bank of San Francisco)
Jingyi Zhang (Shanghai Jiao Tong University)
[View Abstract] [Download Preview]
Discussants:
Nicolas Magud (International Monetary Fund)
Michael B. Devereux (University of British Columbia)
Martin Uribe (Columbia University)
Kinda Hachem (University of Chicago)

Jan 04, 2016 8:00 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Child and Maternal Health (I1, J1)
Presiding: Olga Yakusheva (University of Michigan-Ann Arbor)
Investment in Health Across the Lifecycle: From the Womb to the Grave
Gabriella Conti (University College London)
Titus J. Galama (University of Southern California)
James J. Heckman (University of Chicago)
[View Abstract] [Download Preview]
Identifying the Effect of Cesarean Delivery on Maternal Postpartum Weight and Subsequent Fertility
Olga Yakusheva (University of Michigan-Ann Arbor)
Kandice A. Kapinos (RAND Corporation)
Marianne Weiss (Marquette University)
[View Abstract]
DOES FAMILY PLANNING INCREASE CHILDREN’S OPPORTUNITIES? EVIDENCE FROM THE WAR ON POVERTY AND THE EARLY YEARS OF TITLE X
Martha J. Bailey (University of Michigan)
Olga Malkova (University of Kentucky)
[View Abstract] [Download Preview]
Paid Family Leave and Infant Health: Evidence From State Programs
Lindsey Bullinger (Indiana University)
[View Abstract]
Discussants:
Peter Savelyev (Vanderbilt University)
Kristine Brown (RAND Corporation)
Lynn Karoly (RAND Corporation)
Kandice A. Kapinos (RAND Corporation)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 21
American Economic Association
Couples' Retirement and Social Security around the World (J2, D1)
Presiding: Arie Kapteyn (University of Southern California-Los Angeles)
Couples' and Singles' Savings after Retirement
Eric French (University College London)
Mariacristina De Nardi (University College London and Federal Reserve Bank of Chicago)
John Bailey Jones (University at Albany)
[View Abstract] [Download Preview]
Interdependent Durations in Joint Retirement
Aureo de Paula (University College London)
Bo Honore (Princeton University)
[View Abstract] [Download Preview]
How Does Raising Women’s Full Retirement Age Affect Labor Supply, Income and Mortality
Rafael Lalive (University of Lausanne)
Stefan Staubli (University of Calgary)
[View Abstract]
Spousal Retirement and Other Non-Employment Outcomes
Elena Stancanelli (Paris School of Economics)
[View Abstract] [Download Preview]
How Does Increasing the Early Retirement Age for Women Affect the Labor Supply of Women and Their Husbands?
Jonathan Cribb (Institute for Fiscal Studies)
Carl Emmerson (Institute for Fiscal Studies)
Gemma Tetlow (Institute for Fiscal Studies)
[View Abstract] [Download Preview]
Discussants:
Wilbert van der Klaauw (Federal Reserve Bank of New York)
Edward Vytlacil (Yale University)
Nicole Maestas (Harvard University)
David Card (University of California-Berkeley)
Yingying Dong (University of California-Irvine)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 13
American Economic Association
Credit, Frictions, and the Macroeconomy (E2)
Presiding: Andrew Jalil (Occidental College)
Payments, Credit and Asset Prices
Monika Piazzesi (Stanford University)
Martin Schneider (Stanford University)
[View Abstract]
The Transmission of Monetary Policy through Bank Lending: The Floating Rate Channel
Filippo Ippolito (Universitat Pompeu Fabra)
Ander Perez (Universitat Pompeu Fabra and Boston University)
Ali Ozdagli (Federal Reserve Bank of Boston)
[View Abstract] [Download Preview]
Debt Constraints and Employment
Virgiliu Midrigan (New York University)
Elena Pastorino (University of Minnesota)
Patrick J. Kehoe (University of Minnesota)
[View Abstract]
Risk Sharing Between Households and Financial Institutions in Credit Downturns
Dilyana Dimova (International Monetary Fund)
[View Abstract] [Download Preview] [Download PowerPoint]
Macroprudential Policy in a Knightian Uncertainty Model with Credit-, Risk-, and Leverage Cycles
Eddie Gerba (London School of Economics)
Dawid Zochowski (European Central Bank)
[View Abstract] [Download Preview]

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 23 & 24
American Economic Association
Crowdfunding Innovation (L1, G2)
Presiding: David Zvilichovsky (Tel Aviv University)
Are the Life and Death of an Early Stage Venture Indeed in the Power of the Tongue? Lessons from Online Crowdfunding Pitches
Dan Marom (Hebrew University)
Orly Sade (Hebrew University)
[View Abstract]
Are Syndicates the Killer App of Equity Crowdfunding?
Christian Catalini (Massachusetts Institute of Technology)
Ajay Agrawal (University of Toronto)
Avi Goldfarb (University of Toronto)
[View Abstract] [Download Preview]
(Crowd)funding Innovation
Praveen Kumar (University of Houston)
Nisan Langberg (Tel Aviv University and University of Houston)
David Zvilichovsky (Tel Aviv University)
[View Abstract] [Download Preview]
Discussants:
Roy Zuckerman (Tel Aviv University)

Jan 04, 2016 8:00 am, Hilton Union Square, Imperial B
American Economic Association
Do Capital Flows Need to be Tamed? (F3, F4)
Presiding: Jonathan D. Ostry (International Monetary Fund)
Are Capital Inflows Expansionary or Contractionary? What Role for FX Intervention and Capital Controls?
Olivier J. Blanchard (Peterson Institute for International Economics)
Jonathan D. Ostry (International Monetary Fund)
Atish R. Ghosh (International Monetary Fund)
Marcos Chamon (International Monetary Fund)
[View Abstract] [Download Preview]
Government Balance Sheet and Capital Flow Management
Olivier Jeanne (Johns Hopkins University)
[View Abstract] [Download Preview]
Crashes
Atish R. Ghosh (International Monetary Fund)
Jonathan D. Ostry (International Monetary Fund)
Mahvash S. Qureshi (International Monetary Fund)
[View Abstract] [Download Preview]
Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015
Carmen M. Reinhart (Harvard University)
Vincent Reinhart (American Enterprise Institute)
Christoph Trebesch (University of Munich)
[View Abstract] [Download Preview]
Discussants:
Charles Engel (University of Wisconsin-Madison)
Anton Korinek (Johns Hopkins University)
Stijn Claessens (Federal Reserve Board)
Sergio Schmukler (World Bank)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 22
American Economic Association
Economic Development and Culture (O1, Z1)
Presiding: Paola Giuliano (University of California-Los Angeles and NBER)
The Geographical Origins of the Tower of Babel: The Economic Causes and the Consequences of Linguistic Structure
Oded Galor (Brown University and NBER)
Omer Ozak (Southern Methodist University)
Assaf Sarid (Brown University)
[View Abstract] [Download Preview]
Ancestral Characteristics of Modern Populations
Paola Giuliano (University of California-Los Angeles and NBER)
Nathan Nunn (Harvard University and NBER)
[View Abstract]
Why Work More? The Impact of Taxes and Culture of Leisure on Labor Supply
Naci Mocan (Louisiana State University and NBER)
Luiza Pogorelova (Louisiana State University)
[View Abstract] [Download Preview]
It’s Raining Men! Hallelujah?
Pauline Grosjean (University of New South Wales)
Rose Khattar (University of New South Wales)
[View Abstract] [Download Preview]
Discussants:
Jessica Pan (Singapore National University)
Assaf Sarid (Brown University)
Alessandra Fogli (Bocconi University)
Luigi Guiso (Einaudi Institute for Economics and Finance)

Jan 04, 2016 8:00 am, Hilton Union Square, Continental Ballroom 4
American Economic Association
Gender at Work: Evidence from Experimental Economics (C9, J7)
Presiding: Catherine Eckel (Texas A&M University)
Knowing When to Ask: The Cost of Leaning In
Christine Exley (Stanford University)
Muriel Niederle (Stanford University)
Lise Vesterlund (University of Pittsburgh)
[View Abstract]
A University-Wide Field Experiment on Gender Differences in Job Entry Decisions
Anya Samek (University of Southern California)
[View Abstract] [Download Preview]
Born to Lead? Gender Differences in Incentive Provision and Its Evaluation
Alexandra van Geen (Erasmus University)
Olga Shurchkov (Wellesley College)
[View Abstract] [Download Preview]
Gender Differences in Negotiation by Communication Method
Adam Greenberg (University of California-San Diego)
Ragan Petrie (George Mason University)
[View Abstract]
Stress and the gender difference in willingness to compete
Thomas Buser (University of Amsterdam)
Anna Dreber Almenberg (Stockholm School of Economics)
Johanna Mollerstrom (George Mason University)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Christine Exley (Stanford University)
Anat Bracha (Federal Reserve Bank of Boston)
Katherine Coffman (Ohio State University)
Alexandra van Geen (Erasmus University)

Jan 04, 2016 8:00 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Human Capital and Higher Education (I1, J1)
Presiding: Joshua D. Angrist (Massachusetts Institute of Technology)
College Selectivity and Labor Market Outcomes: Evidence from the Texas Ten Percent Plan
Jeffrey Denning (University of Texas-Austin)
Jesse Rothstein (University of California-Berkeley)
[View Abstract]
College on the Intensive Margin: Liquidity Constraints, Student Employment and the Return to Education
Joseph Altonji (Yale University)
Craig Palsson (Yale University)
Seth Zimmerman (University of Chicago)
[View Abstract]
Affirmative Action and Racial Segregation
Peter Hinrichs (Federal Reserve Bank of Cleveland)
[View Abstract] [Download Preview]
Equilibrium Grade Inflation with Implications for Female Interest in STEM Majors
Thomas Ahn (University of Kentucky)
Peter Arcidiacono (Duke University)
Amy Hopson (Duke University)
James R. Thomas (Duke University)
[View Abstract] [Download Preview]
Discussants:
Jeffrey Smith (University of Michigan)
Lesley Turner (University of Maryland)
Danny Yagan (University of California-Berkeley)
Chao Fu (University of Wisconsin)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 25
American Economic Association
Humanities and the Teaching of Economics (A2)
Presiding: Jeffrey Wagner (Rochester Institute of Technology)
Economics of Writing Detective Fiction
Kenneth Elzinga (University of Virginia)
[View Abstract] [Download Preview]
“Sing Us a Song, You’re the Economist”: The Many Uses of Music and Poetry in the Principles Classroom
Clair Smith (St. John Fisher College)
[View Abstract]
The A, B, Cs of Teaching Economics: Advertising, Bi-Metalism, & Choices
Cynthia Bansak (St. Lawrence University)
Karen Gibson (St. Lawrence University)
[View Abstract] [Download Preview]
Humanities as Technology in Teaching the Principles of Economics
Jeffrey Wagner (Rochester Institute of Technology)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Lawrence Oliver (Texas A&M University)
Deirdre McCloskey (University of Illinois-Chicago)
Shannon Chamberlain (University of California-Berkeley)
Jonathan Wight (University of Richmond)

Jan 04, 2016 8:00 am, Hilton Union Square, Plaza A
American Economic Association
International Trade and Trade Policy: In Memory of Robert M. Stern (F1) (Panel Discussion)
Panel Moderator: Alan Deardorff (University of Michigan)
Edward E. Leamer (University of California-Los Angeles) Empirical Study of Trade
Keith E. Maskus (University of Colorado) Empirical Study of Trade
Peter Morrow (University of Toronto) Modeling of Trade and Trade Policy
David Richardson (Syracuse University) Social Questions and International Trade
Robert W. Staiger (Dartmouth College) Design and Functioning of Trade Policies and Institutions

Jan 04, 2016 8:00 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Labor Related Issues: An International Perspective (G3, J5)
Presiding: Mara Faccio (Purdue University)
The Political Connections of Firms and Worker Welfare
Raymond Fisman (Boston University)
Yongxiang Wang (University of Southern California)
[View Abstract]
Business Groups and Internal Markets for Human Capital
Mara Faccio (Purdue University)
William O'Brien (Purdue University)
[View Abstract] [Download Preview]
Does the Political Power of Non-Financial Stakeholders Affect Firm Values? Evidence from Labor Unions
Jared Stanfield (University of New South Wales)
Robert Tumarkin (University of New South Wales)
[View Abstract] [Download Preview]
Insurance Between Firms: The Role of Internal Labor Markets
Giacinta Cestone (City University London)
Chiara Fumagalli (Universita Bocconi)
Francis Kramarz (Crest, ENSAE and CEPR)
Giovanni Pica (Universita di Milano)
[View Abstract] [Download Preview]
Discussants:
David Parsley (Vanderbilt University)
Geoffrey Tate (University of North Carolina)
Kate Holland (Purdue University)
William O'Brien (Purdue University)

Jan 04, 2016 8:00 am, Hilton Union Square, Continental Parlors 7 & 8
American Economic Association
Macroeconomic Effects of Fiscal Policy Changes (E6, C8)
Presiding: Dmitriy Sergeyev (Bocconi University)
Are Government Spending Multipliers State Dependent? Evidence from Canadian Historical Data
Valerie A. Ramey (University of California-San Diego and NBER)
Sarah Zubairy (Texas A&M University)
[View Abstract] [Download Preview]
Government Spending Multipliers under the Zero Lower Bound: Evidence from Japan
Wataru Miyamoto (Bank of Canada)
Thuy Lan Nguyen (Santa Clara University)
Dmitriy Sergeyev (Bocconi University and IGIER)
[View Abstract] [Download Preview]
The Output Effects of Fiscal Adjustment Plans: Disaggregating Taxes and Spending
Alberto Alesina (Harvard University, IGIER, and CEPR)
Omar Barbiero (Harvard University)
Carlo Favero (Bocconi University, IGIER,  and CEPR)
Francesco Giavazzi­ (Bocconi University, IGIER, and CEPR)
Matteo Paradisi (Harvard University)
[View Abstract] [Download Preview]
Effects of Fiscal Shocks in a Globalized World
Alan J. Auerbach (University of California-Berkeley and NBER)
Yuriy Gorodnichenko (University of California-Berkeley and NBER)
[View Abstract] [Download Preview]
Discussants:
Ethan Ilzetzki (London School of Economics)
Johannes Wieland (University of California-San Diego)
Steven Pennings (World Bank)
Wataru Miyamoto (Bank of Canada)

Jan 04, 2016 8:00 am, Hilton Union Square, Imperial A
American Economic Association
Private Data (C8)
Presiding: John Abowd (Cornell University)
International Data on Firm Management and Organization
Nicholas Bloom (Stanford University)
Raffaella Sadun (Harvard University)
John Van Reenen (London School of Economics)
[View Abstract] [Download Preview]
Private Markets, Public Research
Josh Lerner (Harvard University)
Leslie Jeng (Private Capital Research Institute)
[View Abstract] [Download Preview]
Search Engine Data
Hal Varian (Google)
[View Abstract] [Download Preview]
Modernizing Federal Economic Statistics
Ron Jarmin (U.S. Census Bureau)
William Bostic (U.S. Census Bureau)
[View Abstract] [Download Preview]

Jan 04, 2016 8:00 am, Hilton Union Square, Golden Gate 8
American Economic Association
Public Economics: Health Behavior and Outcomes (H8, I1)
Presiding: Janet M. Currie (Princeton University)
The Impact of Scheduling Birth Early on Infant Health
Cristina Borra (University of Seville)
Libertad Gonzalez (Universitat Pompeu Fabra)
Almudena Sevilla (Queen Mary University of London)
[View Abstract] [Download Preview]
Air Pollution and Pro-Cyclical Mortality: Causal Evidence from Thermal Inversions
Paulina Oliva (University of California-Santa Barbara)
Daniel Hicks (University of Oklahoma)
Patrick Marsh (NOAA/NWS Storm Prediction Center)
Strategic Self Ignorance
Linda Thunström (University of Wyoming)
Jonas Nordstrom (Lund University)
Jason Shogren (University of Wyoming)
Mariah Ehmke (University of Wyoming)
Klaas van't Veld (University of Wyoming)
[View Abstract] [Download Preview]
Health Effects of Transportation Policy: Quito's ‘Pico y Placa’ Program
Yiseon Yoo (Korea Institute for Industrial Economics and Trade (KIET))
[View Abstract]
Discussants:
Emily Oster (Brown University)
Garth Heutel (Georgia State University)
Michael Lovenheim (Cornell University)
Janet M. Currie (Princeton University)

Jan 04, 2016 8:00 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
The Long View: What Does History Teach Us About Whether and How Inequality Matters, and What We Should Do About It? (N3, O4) (Panel Discussion)
Panel Moderator: Elisabeth Jacobs (Washington Center for Equitable Growth)
Philippe Aghion (Harvard University) Inequality, Innovation, and Growth
Joseph Ferrie (Northwestern University) Long-view Perspective on the Inequality-Mobility Relationship
Branko Milanovic (City University of New York) Global History of Inequality and Growth
Suresh Naidu (Columbia University) Inequality, Political Institutions, and Growth
Ben Soskis (George Mason University) Historical Perspective on Philanthropic Interventions to Mitigate Inequality

Jan 04, 2016 8:00 am, Hilton Union Square, Golden Gate 5
American Economic Association
Topics in Banking and Shadow Banks (G2)
Presiding: Gary Richardson (University of California-Irvine)
Shadow Banking and Asset Pricing
Jinji Hao (Washington University-St. Louis)
[View Abstract] [Download Preview]
Banking and Shadow Banking
Ji Huang (Princeton University)
[View Abstract] [Download Preview]
Phasing Out the GSEs
Vadim Elenev (New York University)
Tim Landvoigt (University of Texas-Austin)
Stijn Van Nieuwerburgh (New York University )
[View Abstract] [Download Preview]
Interbank Counterparty Risk and Recovery Rates in Credit Default Swaps
Hong kee Sul (Indiana University)
[View Abstract] [Download Preview]
Network-Motivated Lending Decisions
Yoshiaki Ogura (Waseda University)
Ryo Okui (VU University Amsterdam and Kyoto University)
Yukiko Umeno Saito (Research Institute of Economy, Trade, and Industry)
[View Abstract] [Download Preview]

Jan 04, 2016 8:00 am, Hilton Union Square, Continental – Parlor 2
American Economic Association
Unconventional Monetary Policies, Asset Prices and Transmission Mechanisms (E5, G1)
Presiding: Athanasios Orphanides (Massachusetts Institute of Technology)
ECB Policies Involving Government Bond Purchases: Impact and Channels
Arvind Krishnamurthy (Stanford University)
Annette Vissing-Jorgensen (University of California-Berkeley)
Stefan Nagel (University of Michigan)
[View Abstract] [Download Preview]
Redenomination Risk
Roberto A. De Santis (European Central Bank)
[View Abstract] [Download Preview]
What Does Anticipated Monetary Policy Do?
Stefania D'Amico (Federal Reserve Bank of Chicago)
Thomas King (Federal Reserve Bank of Chicago)
[View Abstract] [Download Preview]
Unconventional Monetary Policy and International Risk Premia
John H. Rogers (Federal Reserve Board)
Chiara Scotti (Federal Reserve Board)
Jonathan H. Wright (Johns Hopkins University)
[View Abstract] [Download Preview]
Discussants:
Frank Smets (European Central Bank)
Arvind Krishnamurthy (Stanford University)
Eric T. Swanson (University of California-Irvine)
Jens Christensen (Federal Reserve Bank of San Francisco)

Jan 04, 2016 8:00 am, Marriott Marquis, Nob Hill A & B
American Finance Association
Advances in International Finance (G1)
Presiding: Matteo Maggiori (Harvard University)
The Carry Trade and Uncovered Interest Parity when Markets are Incomplete
Jack Favilukis (University of British Columbia)
Lorenzo Garlappi (University of British Columbia)
[View Abstract]
Currency Risk Factors in a Recursive Multi-Country Economy
Riccardo Colacito (University of North Carolina)
Mariano Croce (University of North Carolina)
Federico Gavazzoni (INSEAD)
Robert Ready (University of Rochester)
[View Abstract] [Download Preview]
Macro Uncertainty and Currency Premia
Pasquale Della Corte (Imperial College London)
Aleksejs Krecetovs (Imperial College London)
[View Abstract] [Download Preview]
Nominal Exchange Rate Stationarity and Long-Term Bond Returns
Hanno Lustig (Stanford University)
Andreas Stathopoulos (University of Washington)
Adrien Verdelhan (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Stefano Giglio (University of Chicago)
Pablo Ottonello (University of Michigan)
Stavros Panageas (University of Chicago)
Paolo Cavallino (New York University)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Behavioral Finance (G1)
Presiding: Christopher Parsons (University of California-San Diego)
Identity, Overconfidence, and Investment Decisions
Francesco D'Acunto (University of California-Berkeley)
[View Abstract]
A Natural Experiment in Portfolio Management
Neal Stoughton (Vienna University of Economics and Business)
Stephan Kranner (Vienna University of Economics and Business)
Josef Zechner (Vienna University of Economics and Business)
[View Abstract] [Download Preview]
The Term Structure of Equity Returns: Risk or Mispricing?
Michael Weber (University of Chicago )
[View Abstract] [Download Preview]
The Fetal Origins Hypothesis in Finance: Prenatal Environment and Investor Behavior
Henrik Cronqvist (University of Miami )
Alessandro Previtero (University of Texas-Austin)
Stephan Siegel (University of Washington)
Roderick White (University of Western Ontario)
[View Abstract] [Download Preview]
Discussants:
Yuval Rottenstreich (University of California-San Diego)
John Beshears (Harvard University)
Malcolm Baker (Harvard Business School )
Richard Townsend (Dartmouth College)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Culture, Ethics and Finance (G3)
Presiding: Paola Sapienza (Northwestern University)
Crime, Punishment and the Halo Effect of Corporate Social Responsibility
Harrison Hong (Princeton University)
Inessa Liskovich (Univ of Texas-Austin)
[View Abstract] [Download Preview]
Women on Corporate Boards: Good or Bad?
Thomas Schmid (University of Hong Kong)
Daniel Urban (Technische Universität München)
[View Abstract] [Download Preview]
Swimming Upstream: Struggling Firms in Corrupt Cities
Christopher Parsons (University California-San Diego)
Johan Sulaeman (National University of Singapore)
Sheridan Titman (University of Texas-Austin)
[View Abstract] [Download Preview]
Discussants:
Enrichetta Ravina (Columbia University)
Margarita Tsoutsoura (University of Chicago)
Brian Melzer (Northwestern University)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Investment Policy, Risk Taking and Hedging (G3)
Presiding: Kelly Shue (University of Chicago)
The Real Effects of Credit Ratings: The Sovereign Ceiling Channel
Heitor Almeida (University of Illinois-Urbana-Champai)
Igor Cunha (Nova School of Business and Economics)
Miguel Ferreira (Nova School of Business and Economics)
Felipe Restrepo (Western University)
[View Abstract] [Download Preview]
Owners' Portfolio Diversification and Firm Investment: Evidence from Public and Private Firms
Evgeny Lyandres (Boston University)
Maria-Teresa Marchica (University of Manchester)
Roni Michaely (Cornell University)
Roberto Mura (University of Manchester)
[View Abstract] [Download Preview]
Does Hedging Affect Firm Value? Evidence from a Natural Experiment
Erik Gilje (University of Pennsylvania)
Jerome Taillard (Babson College)
[View Abstract] [Download Preview]
The Source of Information in Prices and Investment-Price Sensitivity
Alex Edmans (London Business School)
Sudarshan Jayaraman (University of Rochester)
[View Abstract] [Download Preview]
Discussants:
Bo Becker (Stockholm School of Economics)
Gordon Phillips (Dartmouth College)
Hayong Yun (Michigan State University)
Marcin Kacperczyk (Imperial College London)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Limits to Arbitrage (G1)
Presiding: Dimitris Papanikolaou (Northwestern University)
Days to Cover and Stock Returns
Harrison Hong (Princeton University)
Weikai Li ( Hong Kong University of Science and Technology)
Sophie Ni (Hong Kong University of Science and Technology)
Jose Scheinkman (Columbia University)
[View Abstract] [Download Preview]
Leveraged Speculators and Asset Prices
Wenxi Jiang (Yale University)
[View Abstract] [Download Preview]
A Theory of Operational Risk
Suleyman Basak (London Business School)
Andrea M. Buffa (Boston University)
[View Abstract] [Download Preview]
Discussants:
Karl Diether (Dartmouth College)
Nina Boyarchenko (Federal Reserve Bank of New York)
Konstantin Milbradt (Northwestern University)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Regulatory Behavior and Design (G2)
Presiding: Amit Seru (University of Chicago)
Funding and Incentives of Regulators: Evidence from Banking
Roni Kisin (Washington University-St. Louis)
Asaf Manela (Washington University-St. Louis)
[View Abstract] [Download Preview]
The Strategic Under-Reporting of Bank Risk
Taylor Begley (London Business School)
Amiyatosh Purnanandam (University of Michigan)
Kuncheng (K.C.) Zheng (Northeastern University)
[View Abstract] [Download Preview]
Deregulation, Competition and the Race to the Bottom
Marco Di Maggio (Columbia University)
Amir Kermani (University of California-Berkeley)
Sanket Korgaonkar (University of California-Berkeley)
[View Abstract] [Download Preview]
Supervisory Incentives in a Banking Union
Robert Marquez (University of California-Davis)
Elena Carletti (European University Institute)
Giovanni Dell'Ariccia (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
David Lucca (Federal Reserve Bank of New York)
Philipp Schnabl (New York University)
Sumit Agarwal (National University of Singapore)
Uday Rajan (University of Michigan)

Jan 04, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
Security and Market Mechanism Design (G1)
Presiding: Tomasz Piskorski (Columbia University)
Benchmarks in Search Markets
Darrell Duffie (Stanford University)
Piotr Dworczak (Stanford University)
Haoxiang Zhu (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Optimal Margins and Equilibrium Prices
Bruno Biais (Université de Toulouse 1 Capitole)
Florian Heider (European Central Bank)
Marie Hoerova (European Central Bank)
[View Abstract] [Download Preview]
The Causal Impact of Market Fragmentation on Liquidity
Peter Haslag (Washington University-St. Louis)
Matthew Ringgenberg (Washington University-St. Louis)
[View Abstract]
Welfare Costs of Informed Trade
Lawrence Glosten (Columbia University)
Talis Putnins (University of Technology-Sydney)
[View Abstract] [Download Preview]
Discussants:
Marzena Rostek (University of Wisconsin-Madison)
William Fuchs (University of California-Berkeley)
Emiliano Pagnotta (Imperial College London)
Brett Green (University of California-Berkeley)

Jan 04, 2016 8:00 am, Marriott Marquis, Nob Hill C & D
American Finance Association
Variance and Crash Risk Pricing (G1)
Presiding: Itamar Drechsler (New York University)
Do Rare Events Explain CDX Tranche Spreads?
Sang Byung Seo (University of Pennsylvania)
Jessica Wachter (University of Pennsylvania)
[View Abstract] [Download Preview]
Does Variance Risk Have Two Prices?
Laurent Barras (McGill University)
Aytek Malkhozov (Bank for International Settlements)
[View Abstract] [Download Preview]
Good Jumps, Bad Jumps, and Conditional Equity Premium
Hui Guo (University of Cincinnati)
Kent Wang (Xiamen University)
Hao Zhou (Tsinghua University)
[View Abstract] [Download Preview]
Good and Bad Variance Premia and Expected Returns
Mete Kilic (University of Pennsylvania)
Ivan Shaliastovich (University of Pennsylvania)
[View Abstract] [Download Preview]
Discussants:
Juan M. Londono (Federal Reserve Board)
Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
Mete Kilic (University of Pennsylvania)
Alan Moreira (Yale University)

Jan 04, 2016 8:00 am, Parc 55, Mission I
American Real Estate & Urban Economic Association
Land Values and Housing Production (R3, R1)
Presiding: Morris Davis (Rutgers University)
The Distribution of Urban Land Values: Evidence from Market Transactions
David Albouy (University of Illinois)
Gabriel Ehrlich (Congressional Budget Office)
Andrew Haughwout (Federal Reserve Bank of New York)
[View Abstract]
What's Manhattan Worth? A Land Value Index from 1950 to 2014
Jason Barr (Rutgers University)
Sayali Kulkarni (Rutgers University)
Fred Smith (Davidson College)
[View Abstract] [Download Preview]
The Static City? Amsterdam 1832-2008
David Geltner (Massachusetts Institute of Technology)
Piet Eichholtz (Maastricht University)
Thies Lindenthal (University of Cambridge)
[View Abstract] [Download Preview]
The Production Function for Housing: Evidence from France
Gilles Duranton (University of Pennsylvania)
Pierre-Philippe Combes (Aix-Marseille School of Economics)
Laurent Gobillon (INED)
[View Abstract]
Discussants:
Stephen Oliner (American Enterprise Institute)
Anna Scherbina (University of California-Davis)
William D. Larson (Federal Housing Finance Agency)
Gabriel Ehrlich (Congressional Budget Office)

Jan 04, 2016 8:00 am, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Local Governments and the Housing Market (R1, H7)
Presiding: William Hoyt (University of Kentucky)
Why Do Big Cities Redistribute Income Out of Own Source Revenue?
Janet Kohlhase (University of Houston)
D. Andrew Austin (Congressional Research Service)
Stephanie Botello (Employstats)
Steven Craig (University of Houston)
[View Abstract] [Download Preview]
Childhood Housing and Adult Earnings: A Between-Siblings Analysis of Housing Vouchers and Public Housing
Henry Pollakowski (Harvard University)
Fredrik Andersson (Office of the Comptroller of the Currency)
John Haltiwanger (University of Maryland)
Mark J. Kutzbach (U.S. Census Bureau)
Giordano Palloni (University of Maryland)
[View Abstract] [Download Preview] [Download PowerPoint]
What Matters More for Economic Development, the Amount of Funding or the Number of Projects Funded? Evidence from the Community Development Financial Investment Fund
Amanda Ross (West Virginia University)
Kaitlyn Harger (Florida Gulf Coast University)
Heather Stephens (West Virginia University)
[View Abstract] [Download Preview]
Jobless Capital? The Role of Capital Subsidies
Carlianne Patrick (Georgia State University)
[View Abstract] [Download Preview]
Discussants:
Dennis Epple (Carnegie Mellon University)
Brian Jacob (University of Michigan)
David R. Agrawal (University of Kentucky)
William Hoyt (University of Kentucky)

Jan 04, 2016 8:00 am, Parc 55, Powell I
American Real Estate & Urban Economic Association
Spatial Mismatch (J6, R2)
Presiding: Michael Eriksen (University of Cincinnati)
Have Distressed Neighborhoods Recovered? Evidence from the Neighborhood Stabilization Program
Jenny Schuetz (Federal Reserve Board )
Alvaro Cortes (ABT Associates Inc.)
Jonathan Spader (ABT Associates Inc.)
[View Abstract] [Download Preview]
Neighborhood Affluence or Long Commutes: Using a Correspondence Experiment to Test Why Employers Discriminate Against Applicants from Poor Neighborhoods
David Cameron Phillips (Hope College)
[View Abstract] [Download Preview]
Regulating Vacancies Away? The Paradoxical Effects of Mismatch in the Housing Market
Christian Hilber (London School of Economics)
Paul Cheshire (London School of Economics)
Hans Koster (VU University Amsterdam)
[View Abstract]
Discussants:
Matthew Freedman (Drexel University)
Zach Hawley (Texas Christian University)
Yannis Ioannides (Tufts University)
Alvin Murphy (Arizona State University)

Jan 04, 2016 8:00 am, Parc 55, Market Street
Association for Comparative Economic Studies
European Integration at a Crossroads (F4, G3)
Presiding: Iikka Korhonen (Bank of Finland)
Economic Growth and Deep Integration: A Counterfactual Analysis for Europe
Nauro F. Campos (Brunel University London, ETH-Zurich and IZA-Bonn)
Fabrizio Coricelli (Paris School of Economics and CEPR-London)
Luigi Moretti (University of Padova)
[View Abstract]
Labor Market Reforms and Current Account Imbalances: Beggar-Thy-Neighbor Policies in a Currency Union?
Timo Baas (University of Duisburg-Essen)
Ansgar Belke (University of Duisburg-Essen and Institute for the Study of Labor (IZA))
[View Abstract] [Download Preview]
Shareholder Rights and Engagement at European AGMs
Luc Renneboog (Tilburg University)
Peter G. Szilagyi (Central European University-Budapest and University of Cambridge)
[View Abstract] [Download Preview] [Download PowerPoint]
What Does the European Market for Corporate Control Indicate about EU Expansion?
Killian J. McCarthy (University of Groningen)
Wilfred Dolfsma (Loughborough University, London)
[View Abstract]
Discussants:
Ansgar Belke (University of Duisburg-Essen and Institute for the Study of Labor (IZA))
Nauro F. Campos (Brunel University London, ETH-Zurich and IZA-Bonn)
Wilfred Dolfsma (Loughborough University)
Peter G. Szilagyi (Central European University-Budapest and University of Cambridge)

Jan 04, 2016 8:00 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Inside Development and Banking Institutions (B5, E6)
Presiding: James M. Cypher (Universidad Autónoma de Zacatecas-Mexico)
The Rise of the Randomistas: The World Bank, Experimentation, and the African Development Agenda
Howard Stein (University of Michigan)
Kevin Donovan (University of Michigan)
[View Abstract]
The Limits of the New Institutional Economics Approach to African Development
Geoffrey Schneider (Bucknell University)
Berhanu Nega (Bucknell University)
[View Abstract] [Download Preview]
Celso Furtado: Culture and Creativity Matter
Jair do Amaral Filho (Universidade Federal do Ceará-UFC)
Deborah BL Farias (University of British Columbia)
[View Abstract] [Download Preview] [Download PowerPoint]
Kicking Away the Ladder Too: Inside Central Banks
Matías Vernengo (Bucknell University)
[View Abstract]
Inside Shadow Banking in China: Credit Driven Growth versus Financial Stability
Yan Liang (Willamette University)
[View Abstract]
Discussants:
Bret Anderson (University of Rhode Island)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
Pollution, Regulation, and Technical Change (Q5, Q4)
Presiding: Shanjun Li (Cornell University)
Leakage from Environmental Regulation: Evidence from Smog Check and Used Vehicle Trade
Arthur van Benthem (University of Pennsylvania)
Joseph S. Shapiro (Yale University)
[View Abstract]
Do Smog Checks Affect Smog? Emissions Inspections, Station Quality and Local Air Pollution
Ryan Sandler (Federal Trade Commission)
Nicholas J. Sanders (Cornell University)
[View Abstract] [Download Preview]
Path Dependence in U.S. Coal-Fired Electricity
Kyle C. Meng (University of California-Santa Barbara)
[View Abstract]
What's in the Secret Sauce? An Evaluation of the Toxicity of Hydraulic Fracturing Injectants
Charles F. Mason (University of Wyoming)
Timothy Fitzgerald (Montana State University)
[View Abstract] [Download Preview]
Discussants:
Antonio M. Bento (Cornell University)
Mark Jacobsen (University of California-San Diego)
W. Walker Hanlon (University of California-Los Angeles)
Alan Krupnick (Resources for the Future)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 20
Econometric Society
Advances in Matching Theory (A1)
Presiding: Alessandro Pavan (Northwestern University)
Matching Plans for Agents with Vertically and Horizontally Differentiated Preferences
Alessandro Pavan (Northwestern University)
[View Abstract] [Download Preview]
Full Substitutability in Trading Networks
Scott Duke Kominers (Harvard University)
John Hatfield (University of Texas at Austin)
Alexandru Nichifor (University of St Andrews)
Michael Ostrovsky (Stanford University)
Alexander Westkamp (Maastricht University)
[View Abstract]
Matching with Externalities
Marek Pycia (University of California-Los Angeles)
Bumin Yenmez (Carnegie Mellon University)
[View Abstract] [Download Preview]
A Note on Stability in One-to-One, Multi-Period Matching Markets
Maciej Kotowski (Harvard University)
[View Abstract] [Download Preview]
Stability Concepts in Matching Under Distributional Constraints
Fuhito Kojima (Stanford University)
[View Abstract]

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 19
Econometric Society
Geographic Variation in Health Care Markets (A1)
Presiding: Matthew Gentzkow (Stanford University)
Underuse, Overuse, Comparative Advantage, and Expertise in Health Care
Amitabh Chandra (Harvard University)
Douglas Staiger (Dartmouth College)
[View Abstract]
Physician Beliefs and Patient Preferences
David Cutler (Harvard University)
Jonathan Skinner (Dartmough College)
Ariel Dora Stern (Harvard Business School)
David Wennberg (Dartmouth College)
[View Abstract] [Download Preview]
Understanding Geographic Variation in Mortality
Amy Finkelstein (Massachusetts Institute of Technology)
Matthew Gentzkow (Stanford University)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Christopher Walters (University of California-Berkeley)
David Meltzer (University of Chicago)
Nathaniel Hendren (Harvard University and NBER)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 14
Econometric Society
Internal Trade and Economic Integration (A1)
Presiding: Stephen J. Redding (Princeton University)
Volatility, Insurance and the Gains from Trade
Treb Allen (Northwestern University)
David Atkin (UCLA)
[View Abstract]
Competition and the Welfare Gains from Transportation Infrastructure: Evidence from the Golden Quadrilateral of India
Jose Asturias (Georgetown University)
Manuel Garcia-Santana (UPF)
Roberto Ramos (Bank of Spain)
[View Abstract] [Download Preview]
The Costs of Market Disintegration: Evidence from the India-Pakistan Border
David Donaldson (Stanford University)
[View Abstract]
A Quantitative Framework for Evaluating the Impact of Urban Transport Improvements
Stephen J. Redding (Princeton University)
Gabriel M. Ahlfeldt (London School of Economics)
Daniel M. Sturm (London School of Economics)
[View Abstract] [Download Preview]

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 3 & 4
Econometric Society
Macro and Financial Econometrics (A1)
Presiding: Andrew Patton (Duke University)
Inflation Expectations, Uncertainty, and Risk Premium in an Arbitrage-Free Model of Bond Yields and Inflation Derivatives
Bin Wei (Federal Reserve Bank of Atlanta)
Nikolay Gospodinov (Federal Reserve Bank of Atlanta)
[View Abstract]
Macroeconomic Uncertainty Through the Lens of Professional Forecasters
Rodrigo Sekkel (Bank of Canada)
Soojin Jo (Bank of Canada)
[View Abstract] [Download Preview]
Measuring Uncertainty of a Combined Forecast and Some Tests for Forecaster Heterogeneity
Xuguang (Simon) Sheng (American University)
Kajal Lahiri (University at Albany: SUNY)
Huaming Peng (University at Albany:SUNY)
[View Abstract] [Download Preview]
Time-Varying Systemic Risk: Evidence from a Dynamic Copula Model of CDS Spreads
Andrew Patton (Duke University)
Dong Hwan Oh (Federal Reserve Board)
[View Abstract] [Download Preview]

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 15
Econometric Society
Startups, New Businesses, and Job Creation (A1)
Presiding: Gerald Carlino (Federal Reserve Bank of Philadelphia)
Are Startups Special? Evidence from local labor markets.
Thorsten Drautzburg (Federal Reserve Bank of Philadelphia)
Gerald Carlino (Federal Reseve Bank of Philadelphia)
[View Abstract]
Firm Age, Investment Opportunities and Job Creation
David Robinson (Duke University)
Manuel Adelino (Duke University's Fuqua School of Busine)
Song Ma (Duke University)
[View Abstract]
The Growth Potential of Startups over the Business Cycle: a cross-country analysis
Vincent Sterk (University College London)
[View Abstract] [Download Preview]
Demand-Driven Propagation: Evidence from the Financial Crisis
Ha Nguyen (World Bank)
[View Abstract] [Download Preview]
Discussants:
Karel Mertens (Cornell University)
Benjamin W. Pugsley (Federal Reserve Bank of New York)
Francois Gourio (Federal Reserve Bank of Chicago)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra B
Economic Science Association
Experiments on Bargaining: The Role of Risk, Deadlines and Reference Points (C7, C9)
Presiding: Kyle Hyndman (Naveen Jindal School of Management and University of Texas-Dallas)
Is Earned Bargaining Power More Fully Exploited?
Nicholas Feltovich (Monash University)
[View Abstract]
Bargaining Under Time Pressure
Emin Karagözoğlu (Bilkent University)
Martin Georg Kocher (University of Munich)
[View Abstract] [Download Preview]
Dynamic Unstructured Bargaining with Private Information and Deadlines: Theory and Experiment
Colin F. Camerer (California Institute of Technology)
Gideon Nave (California Institute of Technology)
Alec Smith (University of Arizona and Compass Lexecon)
[View Abstract] [Download Preview]
Reference Points, Reputation and Strategies in a Dynamic Bargaining Environment with a Residual Claimant
Matthew Embrey (University of Sussex)
Kyle Hyndman (University of Texas-Dallas)
[View Abstract] [Download Preview]
Discussants:
Alistair Wilson (University of Pittsburgh)
Matthew Embrey (University of Sussex)
Chloe Tergiman (Pennsylvania State University)
Timothy Salmon (Southern Methodist University)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 16
History of Economics Society
Public Choice: Origins and Perspectives (B3, H1)
Presiding: Manuela Mosca (University of Salento)
Political Realism and Models of the State. Antonio de Viti de Marco and the Origins of Public Choice
Manuela Mosca (University of Salento)
Michele Giuranno (University of Salento)
[View Abstract] [Download Preview]
Wicksell, Pareto, and Public Choice
Marianne Johnson (University of Wisconsin-Oshkosh)
[View Abstract] [Download Preview] [Download PowerPoint]
The Origins of Public Choice and Virginia Political Economy: What might Arthur Lovejoy have Thought?
Richard E. Wagner (George Mason University)
[View Abstract] [Download Preview]
“Almost Wholly Negative”: The Ford Foundation’s Appraisal of the Virginia School
David M. Levy (George Mason University)
Sandra J. Peart (University of Richmond)
[View Abstract] [Download Preview]
Discussants:
John D. Singleton (Duke University)
Edward Lopez (Public Choice Society)
Roger Congleton (West Virginia University and George Mason University)
Steven G. Medema (University of Colorado-Denver)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra H
International Banking, Economics and Finance Association
Empirical Banking Research (G2)
Presiding: Kasper Roszbach (Sveriges Riksbank)
The Elasticity of Retail Deposits in the U.K.: A Macroeconomic Investigation
Jeremy Chiu (Bank of England)
John Hill (Bank of England)
[View Abstract] [Download Preview]
The Effect of Campaign Contributions on State Banking Regulation and Bank Expansion in the U.S.
Hector Perez Saiz (Bank of Canada)
Aggey Semenov (University of Ottawa)
[View Abstract]
Depositor Discipline and Bank Failures in Local Markets During the Financial Crisis
Martien Lamers (University of Groningen)
[View Abstract] [Download Preview]
Did Bank Loan Customers Benefit from the TARP Program? The Effects of TARP on Loan Contract Terms
Allen Berger (University of South Carolina)
Tanakorn Makaew (University of South Carolina)
Raluca Roman (University of South Carolina)
[View Abstract] [Download Preview]
Discussants:
Nada Mora (Federal Reserve Bank of Richmond)
Rodney Ramcharan (University of Southern California)
John C. Driscoll (Federal Reserve Board)
Mitchell Berlin (Federal Reserve Bank of Philadelphia)

Jan 04, 2016 8:00 am, Parc 55, Embarcadero
International Health Economics Association
Welfare Analysis When Choices Don’t Always Reveal Preferences: Applications to Health Policy (I1)
Presiding: Peter Zweifel (University of Zurich)
Estimating the Heterogeneous Welfare Effects of Choice Architecture: An Application to the Medicare Prescription Drug Insurance Market
Jonathan Ketcham (Arizona State University)
Nicolai Kuminoff (Arizona State University)
Christopher A. Powers (United States Department of Health and Human Services)
[View Abstract]
Do Individuals Make Sensible Health Insurance Decisions? Evidence from a Menu with Dominated Options
Saurabh Bhargava (Carnegie Mellon University)
George Loewenstein (Carnegie Mellon University)
Justin Sydnor (University of Wisconsin)
[View Abstract] [Download Preview]
Looking Ahead: Subjective Time Perception and Individual Time Discounting
Paul Dolan (London School of Economics)
David Bradford (University of Georgia)
Matteo Galizzi (London School of Economics)
[View Abstract] [Download Preview] [Download PowerPoint]
Mostly Harmless Regulation? Health Warnings, Electronic Cigarettes, and Consumer Welfare
Donald Kenkel (Cornell University)
Michael Pesko (Cornell University)
Hua Wang (Cornell University)
[View Abstract]
Discussants:
Gautam Gowrisankaran (University of Arizona)
Josh Schwartzstein (Dartmouth College)
Tatiana Homonoff (Cornell University)
Dhaval Dave (Bentley College and NBER)

Jan 04, 2016 8:00 am, Hilton Union Square, Union Square 1 & 2
Korea-America Economic Association
Economic Growth and Development (O1, O4)
Presiding: Yongseok Shin (Washington University-St. Louis and Federal Reserve Bank of St. Louis)
Contract Labor and Firm Dynamics in India
Chang-Tai Hsieh (University of Chicago)
Marianne Bertrand (University of Chicago)
Nick Tsivanidis (University of Chicago)
[View Abstract]
Human Capital Accumulation and Occupational Choice in the Process of Development
Marti Mestieri (Northwestern University)
Johanna Schauer (Toulouse School of Economics)
Robert Townsend (Massachusetts Institute of Technology)
[View Abstract]
Managing a Polarized Structural Change
Sang Yoon (Tim) Lee (University of Mannheim)
Yongseok Shin (Washington University-St. Louis and Federal Reserve Bank of St. Louis)
[View Abstract]
Selection, Risk and Urban-Rural Wage Gaps
David Lagakos (University of California-San Diego)
Ahmed Mushfiq Mobarak (Yale University)
Michael Waugh (New York University)
[View Abstract]
Natural Resources and Global Misallocation
Alexander Monge-Naranjo (Federal Reserve Bank of St. Louis)
Juan M. Sanchez (Federal Reserve Bank of St. Louis)
Raul Santaeulalia-Llopis (Washington University-St. Louis)
[View Abstract]

Jan 04, 2016 8:00 am, Parc 55, Davidson
Labor & Employment Relations Association
Down But Not Out: Global Perspectives on Labor Unions (J5)
Presiding: John Budd (University of Minnesota)
Growing in the Niche: The State-sponsored Unionization, Union Leader and Diversity of Enterprise Unions in the Pearl River Delta of China
Wang Jie (National University of Singapore)
[View Abstract] [Download Preview] [Download PowerPoint]
When Bargaining Leads to Inequalities: Examination of Collective Labour Agreements in Canada
Melanie Laroche (University of Montreal)
Patrice Jalette (University of Montreal)
Frédéric Lauzon Duguay (University of Montreal)
[View Abstract] [Download Preview]
Strategy, Structure and Resourcing in UK Unions
Paul Willman (London School of Economics)
Alex Bryson (NIESR)
John Forth (NIESR)
[View Abstract]
Unionization and Employee Benefits in China's Workplaces
Mengjie Lu (Peking University)
Dinghong Yi (Renmin University of China)
[View Abstract]
Discussants:
John Budd (University of Minnesota)
Robert Flanagan (Stanford University)

Jan 04, 2016 8:00 am, Parc 55, Balboa
Labor & Employment Relations Association
Skilled Worker Immigration and the H1B Program (J6)
Presiding: Katharine G. Abraham (University of Maryland)
The Top H1B Employers: Characteristics of Their H1B Workers
Ron Hira (Howard University)
[View Abstract]
The Effect of High-Skilled Immigration on Patenting and Employment: Evidence from H1B Visa Lotteries
Kirk B. Doran (University of Notre Dame)
Alexander Gelber (University of California-Berkeley)
Adam Isen (U.S. Department of the Treasury)
[View Abstract] [Download Preview]
The Impact of Skilled Foreign Workers on Firms: An Investigation of Publicly Traded U.S. Firms
Anna Mayda (Georgetown University)
Anirban Ghosh (Georgetown University)
Francesca Ortega (Queens College)
[View Abstract]
The Economic Loss of not Employing Foreign-Born College Students
Giovanni Peri (University of California-Davis)
Kevin Shih (University of California-Davis)
Chad Sparber (Colgate University)
[View Abstract] [Download Preview]
Discussants:
William Kerr (Harvard Business School)

Jan 04, 2016 8:00 am, Hilton Union Square, Yosemite C
Middle East Economic Association
Comparative and Country Studies in MENA (O5) (Poster Session)
Presiding: Edward Sayre (University of Southern Mississippi)
Egypt’s Twin Deficits: An Empirical Investigation
Azza M. Hedia (Arab Academy for Science)
Gehan Saleh (Arab Academy for Science)
Housing Costs and Divorce Rate in the MENA Countries
Hassan Gholipour Fereidouni (Swinburne University of Technology)
[Download Preview]
Innovation and Sustainable Enterprise Development: The Case of Algerian Enterprises
Mohammed El Amin Metaiche (Preparatory School of Economics-Tlemcen)
Abderrezak Benhabib (Preparatory School of Economics-Tlemcen)
Fatima Metaiche (Preparatory School of Economics-Tlemcen)
Productivity Change of the Egyptian Banking Sector: A Two Stage Non-Parametric Approach
Ammar Jreisat (Al Ain University of Science and Technology)
Hassan Hassan (Al Ain University of Science and Technology)
[Download Preview]
The determinants of success in Baccalaureate in Morocco : An analysis using spatial panel data
Amaghouss Jabrane (Cadi Ayyad University)
Aomar Ibourk (Cadi Ayyad University)
[Download Preview]
The Impact of the Oil Prices on Public and Private Health Expenditures: Empirical Analysis on Middle East Countries
Fadime Irem Dogan (Istanbul Kemerburgaz University)
Does Financial Repression Help Reduce the Budget Deficit? Evidence from Egypt
Sara Elezaby (American University in Cairo)
[Download Preview]
Competition Policies and MSMEs Growth in Developing Countries: Incentives or Barriers?
Samar Mahmoud Mohamed Abdelmageed (British University in Egypt)
Investment Policies and Processes as Means to Restore Economic Vitality in Egypt and Tunisia
Karen Pfeifer (Smith College)
Growth, Development and Conflicts: Evidence from the MENA region
Reham Rizk Kamel (British University in Egypt)
Fida Karam (University for Science and Technology-Kuwait)
Chahir Zaki (Cairo University)
Housing and Output Growth in Turkey
Gizem Uzuner (Eastern Mediterranean University)
Analysis of Fruit Price Dumping in the Iraqi Market, 2002-2010
Alaa Al-Tulaibawi (Friedrich Alexander University of Erlangen-Nuremberg)
Foreign Exchange Market And Contagion Using Dynamic Garch Multivariate Conditional Correlation
Kamel Si Mohammed (Ain Temouchent University)
Abderrezak Benhabib (Tlemcen University)
Samir Maliki (Tlemcen University)
Shooting the Goose that Lays the Golden Egg: The Case of UAE Employment Policy
A.H. Barnett (Auburn University)
Michael Malcolm (West Chester University of Pennsylvania)
Hugo Toledo (American University of Sharjah)
[Download Preview]
Economic Growth & Governance: A Panel Study on MENA Countries
Noha Emara (Rutgers University)
I-Ming Chiu (Rutgers University)
[Download Preview]
Does the FTA with the Third Party Harm Disadvantaged Incumbents of the Customs Union? The Case of European Union, Turkey and Algeria
Nazire Nergiz Dincer (TED University)
Ayca Tekin Koru (TED University)
Pinar Yasar (Turkey Ministry of Development)
Determinants of Conditional Convergence of the MENA Region towards the EURO Zone: The Institutional Effect
Ines Trojette (University of Toulon)
The Causal Relationship between Inflation and Inflation Uncertainty in Egypt: Evidence from GARCH-M Modeling
Mesbah Fathy Sharaf (University of Alberta)
Effects of Terrorism on Trade: General Equilibrium and Institutional Considerations
Javed Younas (American University of Sharjah)
Subhayu Bandyopadhyay (Federal Reserve Bank of St. Louis and IZA)
Todd Sandler (University of Texas-Dallas)
The Decomposition of Regional Income Inequalities of Turkey
Ayse Aylin Bayar (Istanbul Technical University)
[Download Preview]

Jan 04, 2016 8:00 am, Marriott Marquis, Pacific J
National Association of Forensic Economics
Notable Labor Market Transitions for Forensic Economists (J2, K1)
Presiding: Ed Foster (University of Minnesota)
Worklife Expectancy with Logit-Estimated Transition Probabilities
Gary Skoog (Legal Econometrics, Inc.)
Kurt Krueger (John Ward Economics)
Jim Ciecka (DePaul University)
[View Abstract]
Is Bridge Job Prevalence Overstated?
Kevin E. Cahill (Boston College)
Michael D. Giandrea (U.S. Bureau of Labor Statistics)
Joseph F. Quinn (Boston College)
[View Abstract] [Download Preview]
Has the Affordable Care Act Caused a Shift to Part-Time Work?
David Macpherson (Trinity University)
William E. Even (Miami University)
[View Abstract] [Download Preview]
Discussants:
Joseph I. Rosenberg (Joseph I. Rosenberg, LLC)
Constantine M. Boukidis (Vavoulis, Weiner & McNulty, LLC)
Victor Matheson (College of the Holy Cross)

Jan 04, 2016 8:00 am, Hilton Union Square, Van Ness Room
National Economic Association
The Impacts and Intersections of Full Employment Policy on Race, Class and the Environment (H5)
Presiding: Mathew Forstater (University of Missouri-Kansas City)
Poverty and Unemployment in Minority Communities: Causes, Consequences and Public Policy
Michael J. Murray (Bemidji State University)
Mathew Forstater (University of Missouri-Kansas City)
[View Abstract]
Unemployment and Social Justice in the Long Term
Edward J. Nell (New School)
[View Abstract]
Market Structures, Macroeconomic Regimes and Income Distribution: The Role of Employment Guarantee Programs to Improve Equity
Daniel Kostzer (World Bank)
[View Abstract]
Goal-Oriented Taxation: A Brief Discussion of the Living-Space Tax
Scott L.B. McConnell (Eastern Oregon University)
[View Abstract]
The Job Guarantee: a Superior Buffer Stock Option for Government Price Stabilization
William Mitchell (University of Newcastle)
[View Abstract]
Discussants:
Alan Aja (City University of New York-Brooklyn College)
Daniel Bustillo (Columbia University)
William A. Darity, Jr. (Duke University)
Darrick Hamilton (New School)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra I
Society of Government Economists
Fiscal Issues and Public Economics (H2, H3)
Presiding: Steve Payson (U.S. Department of the Interior)
An Alternative Framework for Measuring the Progressivity of Federal Taxes and Transfers
Ed Harris (Congressional Budget Office)
Kevin Perese (Congressional Budget Office)
Joshua Shakin (Congressional Budget Office)
[View Abstract] [Download Preview] [Download PowerPoint]
Choice Architecture versus Price: Comparing the Eff ects of Changes in the U.S. Student Loan Market
Xiaoling Lim Ang (Edgeworth Economics)
Alexei Alexandrov (Consumer Financial Protection Bureau)
[View Abstract] [Download Preview]
Family Labor Supply and the Timing of Cash Transfers: Evidence from the Earned Income Tax Credit
Tzu-Ting Yang (Academia Sinica)
[View Abstract] [Download Preview]
When is Capital Taxed Under a VAT?: The Hidden Effects of Exemption
Alexander Yuskavage (U.S. Department of the Treasury)
Edith Brashares (U.S. Department of the Treasury)
Gerald Silverstein (U.S. Department of the Treasury)
[View Abstract]
Discussants:
Gregory Bruich (Harvard University)
Wenhua Di (Federal Reserve Bank of Dallas)
Kati Fitzpatrick (Seattle University)
Jon Pogach (U.S. Federal Deposit Insurance Corporation)

Jan 04, 2016 8:00 am, Hilton Union Square, Plaza B
Society of Policy Modeling/American Economic Association
Are Emerging Markets Facing Growth Stagnation? (F4, F4)
Presiding: Dominick Salvatore (Fordham University)
Globalization of Labor Markets and Growth in India and Other Emerging Economies
Kaushik Basu (World Bank)
[View Abstract]
The Outlook for Emerging Economies
Dale Jorgenson (Harvard University)
[View Abstract]
Will China Continue to Be the Engine of Growth in the World?
Justin Yifu Lin (Peking University)
[View Abstract]
An Agenda for Sustainable and Inclusive Growth for Emerging Markets
Joseph Eugene Stiglitz (Columbia University)
[View Abstract]
Discussants:
Dominick Salvatore (Fordham University)

Jan 04, 2016 8:00 am, Parc 55, Mason
Transportation & Public Utilities Group
Fresh Thinking and New Tools in Regulated Industries (L9)
Presiding: John W. Mayo (Georgetown University)
On the Design of Distributed Generation Policies: Are Common Net Metering Policies Optimal?
David Brown (University of Alberta)
David E. M. Sappington (University of Florida)
[View Abstract] [Download Preview]
Quality Competition in the Broadband Service Provision Industry
James Prieger (Pepperdine University)
Scott Savage (University of Colorado)
Gabor Molnar (University of Colorado-Boulder)
[View Abstract] [Download Preview]
Adapting Regulatory Systems
Araceli Castaneda (University of Florida)
Mark Jamison (University of Florida)
Michelle Phillips (University of Florida)
[View Abstract] [Download Preview]
The Competitive Effects of Uber
Scott Wallsten (Technology Policy Institute)
[View Abstract] [Download Preview]
Discussants:
Thomas P. Lyon (University of Michigan)
Glenn Woroch (University of California-Berkeley)
Jones Douglas (Ohio State University)
Jeffrey Macher (Georgetown University)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra J
Union for Radical Political Economics
End Poverty, Revive Democracy, and Rethink Economics: Policy and Theory Alternatives to the Neo-Liberal Status Quo (E6)
Presiding: Rajani Kanth (Harvard University)
The Way Out: Letting Policy Lead Economic
Rajani Kanth (Harvard University)
[View Abstract]
Eliminating Global Poverty without Aggravating Environmental Pollution
Ravi Batra (Southern Methodist University)
[View Abstract] [Download Preview]
Lessons from Iceland's Financial Crisis
Thorsteinn Thorgeirsson (Central Bank of Iceland)
[View Abstract]
Austerity vs Stimulus: The Real Nature of the Crisis
Anwar Shaikh (New School)
[View Abstract]
Enclosing the Democratic Commons: Private Organizations and the Legislative Process
Roslyn Fuller (Waterford Institute of Technology)
[View Abstract] [Download Preview]
Discussants:
Rajani Kanth (Harvard University)
Ravi Batra (Southern Methodist University)
Thorsteinn Thorgeirsson Thorgeirsson (Central Bank of Iceland)
Anwar Shaikh (New School)
Roslyn Fuller (Waterford Institute of Technology)

Jan 04, 2016 8:00 am, Marriott Marquis, Sierra K
Union for Radical Political Economics
Financial Crisis, Institutional Changes and Variety of Capitalism (G1)
Presiding: Dominique Plihon (University of Paris 13)
A Capital Markets Union in Europe: Repurposing the Megabanks at the Expense of Historical-Institutional Logics?
Gary Dymski (Leeds University)
Nina Kaltenbrunner (Leeds University)
[View Abstract] [Download Preview]
European Shadow Banking and Variety of Capitalism
Esther Jeffers (University of Paris 8)
[View Abstract] [Download Preview]
On the Variety of Capitalism Approach: What Can We Learn From the Diversity of National Reactions to the Global Financial Crisis?
Pascal Petit (University of Paris 13)
Elias Mouhoud Mouhoud (University of Paris Dauphine)
[View Abstract]
Capital Market Union: Will Capitalism in Continental Europe Shift to Market-based Anglo-American Capitalism?
Dominique Plihon (University of Paris 13)
[View Abstract]
Some Proposals to Enhance the Role of the SDR: A SFC Modelling Approach
Jacques Mazier (University of Paris 13)
Sebastian Valdecantos (CEPAL)
[View Abstract]
Discussants:
Gerald Epstein (University of Massachusetts-Amherst)
Gary Dymski (Leeds University)
Esther Jeffers (University of Paris 8)
Pascal Petit (University of Paris 13)

Jan 04, 2016 10:15 am, Hilton Union Square, Continental Ballroom 4
American Economic Association
60 Million Refugees (J1)
Presiding: Robert J. Shiller (Yale University)
Refugees, Asylum Seekers and Policy
Timothy J. Hatton (University of Essex and Australian National University)
[View Abstract] [Download Preview] [Download PowerPoint]
Rethinking Protection of those Displaced by Humanitarian Crises
Susan F. Martin (Georgetown University)
[View Abstract] [Download Preview]
Towards an International Migration Regime
Jeffrey D. Sachs (Columbia University)
[View Abstract] [Download Preview]
The Economic Impact of Syrian Refugees on Host Countries: Quasi-Experimental Evidence from Turkey
Semih Tumen (Central Bank Republic of Turkey)
[View Abstract] [Download Preview]
Discussants:
Joseph Altonji (Yale University)
George J. Borjas (Harvard University)
David Jaeger (City University of New York)
Giovanni Peri (University of California-Davis)

Jan 04, 2016 10:15 am, Hilton Union Square, Yosemite C
American Economic Association
Applied Microeconomics (D1) (Poster Session)
Presiding: Gail Hoyt (University of Kentucky)
The Impact of 'Soft' Affirmative Action Policies on Minority Hiring in Executive Leadership: The Case of the NFL's Rooney Rule
Cynthia DuBois (Northwestern University)
[Download Preview]
Fostering Voluntary Contributions to a Public Good: A Large-Scale Natural Field Experiment at Wikipedia
Jana Gallus (Harvard University)
Migration, Liquidity Constraints, and Income Generation: Evidence from Randomized Credit Access in China
Shu Cai (Hong Kong University of Science and Technology)
[Download Preview]
The Occupational Selection of Mexican Migrants
Miguel Flores (Harvard University)
Alexander Patt (Leuphana University)
Jens Ruhose (Ifo Institute and IZA)
Simon Wiederhold (Ifo Institute)
A Friendly Turn: Advertising Bias in the News Media
Florens Focke (University of Mannheim)
Alexandra Niessen-Ruenzi (University of Mannheim)
Stefan Ruenzi (University of Mannheim)
[Download Preview]
Supplier Innovation Strategy: Transactional Hazards and Innovation in the Automotive Supply Chain
Jennifer W. Kuan (Stanford University)
Daniel Snow (Brigham Young University)
Susan Helper (Case Western Reserve University)
[Download Preview]
Fee-only Advice - Answers from a Large Field Study
Benjamin Loos (University of Mannheim)
Steffen Meyer (Leibniz University Hannover)
Andreas Hackethal (Goethe University Frankfurt)
A Persistence Test of Micro Efficiency in the Norwegian Housing Market
Andre K. Anundsen (Norges Bank)
Erling R Larsen (BI Norwegian Business School and Eiendomsverdi)
[Download Preview]
Price Heterogeneity and Consumption Inequality
Luigi Pisano (Northwestern University)
Andrea Stella (Federal Reserve Board)
[Download Preview]
Do Policies Affect Preferences? Evidence from Random Variation in Abortion Jurisprudence
Vardges Levonyan (ETH Zurich)
[Download Preview]
A Double-edged Sword: Using Public Recognition to Encourage Individual Charitable Giving. -- Evidence from a Field Experiment in China.
Jun Luo (Zhejiang University of Finance and Economics)
Yefeng Chen (Zhejiang University)
Haoran He (Beijing Normal University)
Guanlin Gao (Indiana University South Bend)
[Download Preview]
Classy Identity: A Model of Expected Identity Utility
Fabrizio Botti (University of Perugia)
Anna Conte (University of Westminster)
Carlo D’Ippoliti (Sapienza University of Rome)
[Download Preview]
Bracket Creep Revisited - with and without r>g: Evidence from Germany
Junyi Zhu (Deutsche Bundesbank)
[Download Preview]
Effect of Trade Liberalization on Gender Inequality: The Case of India
Ashmita Gupta (University of Houston)
[Download Preview]
Flypaper Effect Chinese Style: Effects of Block Grants on Education Expenditure in Rural China
Wei Ha (Peking University)
Testing Endogeneity of Social Interaction and Spatial Relationship
Wei Cheng (Ohio State University)
Lung-Fei Lee (Ohio State University)
Secularization, Tax Policy and Prosocial Behavior
Benjamin Bittschi (ZEW Mannheim and KIT Karlsruhe)
Sarah Borgloh (Federal Employment Agency)
Berthold Wigger (KIT Karlsruhe)
The Role of Gun Supply in 1980s and 1990s Urban Violence
Geoffrey Fain Williams (Transylvania University)
William Alan Bartley (Transylvania University)
[Download Preview]
On the Incidence of Renewable Energy Subsidies into Land Prices - Evidence from Germany
Martin Simmler (DIW Berlin, Oxford University)
Peter Haan (Freie Universität Berlin, DIW Berlin)
[Download Preview]
Coordination and Collective Action in Online Social Network Experiments
Gizem Korkmaz (Virginia Tech)
Christopher Kuhlman (Virginia Tech)
Kiran Lakkaraju (Sandia National Laboratory)
Fernando Vega-Redondo (University of Bocconi)
Price Risk and Migration: Evidence from Ethiopian Rural Households
Yu Na Lee (University of Minnesota, Twin Cities)
[Download Preview]
Risk Preferences When the Stakes are High: Evidence from the Field
Benjamin L. Collier (University of Pennsylvania)
Daniel Schwartz (University of Chile)
Howard Kunreuther (University of Pennsylvania)
Erwann Michel-Kerjan (University of Pennsylvania)
For Whom to Tweet? A Study of a Large-Scale Social Network
Zaiyan Wei (Purdue University)
Mo Xiao (University of Arizona)
[Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Continental – Parlor 2
American Economic Association
Behavioral Interventions and Environmental Sustainability (D1, Q4)
Presiding: Matthew E. Kahn (University of California-Los Angeles)
Using Information to Improve the Effectiveness of Nonlinear Pricing: Evidence from a Field Experiment
Matthew E. Kahn (University of California-Los Angeles)
Frank A. Wolak (Stanford University)
[View Abstract]
Overcoming Salience Bias: How Real-Time Feedback Fosters Resource Conservation
Verena Tiefenbeck (ETH Zurich)
Lorenz Goette (University of Bonn and HEC Lausanne)
Kathrin Degen (HEC Lausanne)
Vojkan Tasic (ETH Zurich)
Elgar Fleisch (ETH Zurich and University of St. Gallen)
Rafael Lalive (HEC Lausanne)
Thorsten Staake (University of Bamberg)
[View Abstract]
Paternalism and Energy Efficiency: An Overview
Hunt Allcott (New York University and NBER)
Dmitry Taubinsky (University of California-Berkeley and Harvard University)
[View Abstract] [Download Preview]
Nudges of School Children and Electricity Conservation: Evidence from the “Project Carbon Zero” Campaign in Singapore
Sumit Agarwal (National University of Singapore)
Satyanarain Rengarajan (National University of Singapore)
Tien Foo Sing (National University of Singapore)
[View Abstract]
Discussants:
Michael K. Price (Georgia State University)
Katherine L. Milkman (University of Pennsylvania)
Kenneth Gillingham (Yale University)
Katrina Jessoe (University of California-Davis)

Jan 04, 2016 10:15 am, Hilton Union Square, Continental Parlors 7 & 8
American Economic Association
Behavioral Models of Housing Cycles (G1, R2)
Presiding: Charles G. Nathanson (Northwestern University)
An Extrapolative Model of House Price Dynamics
Edward L. Glaeser (Harvard University)
Charles G. Nathanson (Northwestern University)
[View Abstract] [Download Preview]
Housing Speculation and Housing Cycles
Zhenyu Gao (Chinese University of Hong Kong)
Michael Sockin (Princeton University)
Wei Xiong (Princeton University)
[View Abstract] [Download Preview]
Information, Speculation, and Bubbles: Theory and Evidence from the Housing Market
Elliot Anenberg (Federal Reserve Board of Governors)
Patrick Bayer (Duke University)
James W. Roberts (Duke University)
Timothy J. Schwuchdow (Duke University)
[View Abstract]
Personal Experiences and Expectations about Aggregate Outcomes
Theresa Kuchler (New York University)
Basit Zafar (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Discussants:
Nicholas C. Barberis (Yale University)
Alvin Murphy (Arizona State University)
Christopher J. Mayer (Columbia University)
Ulrike Malmendier (University of California-Berkeley)

Jan 04, 2016 10:15 am, Hilton Union Square, Golden Gate 5
American Economic Association
Behavioral Responses to Taxation (H2)
Presiding: William J. Congdon (IDEAS42)
Capital Allowances and Investment: Evidence from UK Corporate Tax Returns
Giorgia Maffini (University of Oxford)
Jing Xing (Shanghai Jiao Tong University)
Michael Peter Devereux (University of Oxford)
[View Abstract] [Download Preview]
Corporate Taxation and Investment - Evidence from the Belgian ACE Reform
Nils aus dem Moore (RWI Essen)
[View Abstract] [Download Preview] [Download PowerPoint]
The Tax-Rate Elasticity of Local Business Profits
Frank M. Fossen (Freie Universitaet-Berlin)
Viktor Steiner (Freie Universitaet-Berlin)
[View Abstract] [Download Preview]
Early Education, Labor Supply and Taxation
Ankur Patel (U.S. Department of the Treasury)
Jed Richardson (University of Wisconsin-Madison)
[View Abstract]
How Sensitive Are Taxpayers to Marginal Tax Rates: Evidence from Income Bunching in the United States
Jacob Mortenson (Georgetown University)
Andrew Whitten (Georgetown University and Joint Committee on Taxation)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Franciscan D
American Economic Association
CoCos: Funding Costs, Risks and Financial Stability (G2, E5)
Presiding: Anastasia Kartasheva (Bank for International Settlements)
Convertible Bonds and Bank Risk-Taking
Natalya Martynova (De Nederlandsche Bank)
Enrico Perotti (University of Amsterdam)
[View Abstract] [Download Preview]
Contingent Capital, Tail Risk and Debt-Induced Collapse
Nan Chen (Chinese University of Hong Kong)
Paul Glasserman (Columbia University)
Behzad Nouri (Columbia University)
Markus Pelger (University of California-Berkeley)
[View Abstract] [Download Preview]
CoCo Bonds Issuance and Bank Funding Costs
Stefan Avdjiev (Bank for International Settlements)
Patrick Bolton (Columbia University)
Wei Jiang (Columbia University)
Anastasia Kartasheva (Bank for International Settlements)
Bilyana Bogdanova (Bank for International Settlements)
[View Abstract] [Download Preview]
Contingent Capital Trigger Effects: Evidence from Liability Management Exercises
Boris Vallee (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Philip Bond (University of Washington)
Alexei Tchistyi (University of Illinios-Urbana-Champaign)
Theo Vermaelen (INSEAD)
Bo Becker (Stockholm School of Economics)

Jan 04, 2016 10:15 am, Hilton Union Square, Yosemite A
American Economic Association
Digital Currencies (E4)
Presiding: Andrew K. Rose (University of California-Berkeley)
Balancing Public and Private Provision of Electronic Currencies
Kenneth Rogoff (Harvard University)
[View Abstract]
The Macroeconomics of Central Bank-Issued Digital Currency
John Barrdear (Bank of England)
Michael Kumhof (Bank of England)
[View Abstract]
Breaking Through the Zero Lower Bound and Electronic Money
Ruchir Agarwal (International Monetary Fund)
Miles Kimball (University of Michigan)
[View Abstract] [Download Preview]
Discussants:
Andrew K. Rose (University of California-Berkeley)
Paolo Tasca (Deutsche Bundesbank)

Jan 04, 2016 10:15 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Education and Gender (I2, J1)
Presiding: Shulamit Kahn (Boston University)
The STEM Gender Gap: Evidence from the CA State Science Fair
Nanneh Chehras (University of California-Irvine)
[View Abstract]
Educational Mobility across Three Generations of American Women
Sarah Kroeger (University of Wisconsin-Milwaukee)
Owen Thompson (University of Wisconsin-Milwaukee)
[View Abstract]
Student Appearance and Class Performance
Christina Peters (Metropolitan State University of Denver)
Rey Hernandez-Julian (Metropolitan State University of Denver)
[View Abstract] [Download Preview]
The Math Gender Gap: The Role of Culture
Núria Rodríguez-Planas (City University of New York-Queens College)
Natalia Nollenberger (IAE-CSIC)
Almudena Sevilla (Queen Mary University of London)
[View Abstract] [Download Preview]
Discussants:
Shulamit Kahn (Boston University)
Gary Solon (University of Arizona)
Tanya Rosenblat (University of Michigan)
Margaret E. Blume-Kohout (New Mexico Consortium and Mount Holyoke College)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 17 & 18
American Economic Association
Exchange Rates, Monetary Policy, and the Real Economy (F3, G1)
Presiding: Vania Stavrakeva (London Business School)
Exchange Rates and Monetary Policy
Vania Stavrakeva (London Business School)
Jenny Tang (Federal Reserve Bank of Boston)
[View Abstract] [Download Preview]
Sovereign Debt Portfolios, Bond Risks, and the Credibility of Monetary Policy”
Wenxin Du (Federal Reserve Board)
Carolin Pflueger (University of British Columbia)
Jesse Schreger (Princeton University & Harvard Business School)
[View Abstract] [Download Preview]
Not so Disconnected: Exchange Rates and the Capital Stock
Tarek Hassan (University of Chicago )
Thomas Mertens (New York University)
Tony Zhang (University of Chicago)
[View Abstract] [Download Preview]
Currency Wars or Efficient Spillovers?
Anton Korinek (Johns Hopkins University)
[View Abstract] [Download Preview]
Discussants:
Vania Stavrakeva (London Business School)
Jesse Schreger (Princeton University & Harvard Business School)
Adrien Verdelhan (MIT Sloan School of Management)
Rossen Valchev (Duke University)

Jan 04, 2016 10:15 am, Hilton Union Square, Golden Gate 8
American Economic Association
Forward Guidance in Monetary Policy (E4)
Presiding: Douglas Pearce (North Carolina State University)
The Forward Guidance Puzzle
Marco Del Negro (Federal Reserve Bank of New York)
Christina Patterson (Massachusetts Institute of Technology)
Marc P. Giannoni (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Effects of Fed Announcements on Emerging Markets: What Determines Financial Markets’ Reactions?
Prachi Mishra (International Monetary Fund)
Papa N'Diaye (International Monetary Fund)
Lam Nguyen (International Monetary Fund)
[View Abstract]
Forward Guidance and Credible Monetary Policy
Bingbing Dong (University of Virginia)
[View Abstract] [Download Preview]
Forward Guidance and the State of the Economy
Benjamin Keen (University of Oklahoma)
Alexander W. Richter (Auburn University)
Nathaniel A. Throckmorton (College of William and Mary)
[View Abstract] [Download Preview]
Forward Misguidance
Luigi Paciello (EIEF)
Claudio Michelacci (EIEF and CEMFI)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 22
American Economic Association
Global Imbalances and Exchange Rates (F3)
Presiding: Xavier Gabaix (New York University)
International Correlation Risk
Philippe Mueller (London School of Economics)
Andreas Stathopoulos (University of Washington)
Andrea Vedolin (London School of Economics)
[View Abstract] [Download Preview]
Capital Flows and Foreign Exchange Intervention
Paolo Cavallino (International Monetary Fund)
[View Abstract] [Download Preview]
Unveiling the Effects of Foreign Exchange Intervention: A Panel Approach
Gustavo Adler (International Monetary Fund)
Rui C. Mano (International Monetary Fund)
[Download Preview]
Exchange Rates and Sovereign Risk
Lucio Sarno (University of London)
Pasquale Della Corte (Imperial College London)
Maik Schmeling (University of London)
Christian Wagner (Copenhagen Business School)
[View Abstract] [Download Preview]
Discussants:
Hanno Lustig (Stanford University)
Matteo Maggiori (Harvard University)
Paolo Cavallino (International Monetary Fund)

Jan 04, 2016 10:15 am, Hilton Union Square, Imperial A
American Economic Association
Identity Economics 2016 (A1, D1)
Presiding: Robert A. Johnson (Institute for New Economic Thinking)
Identity Economics 2016
Rachel Kranton (Duke University)
[View Abstract] [Download Preview]
Identity-Based Organizations
Jean-Paul Carvalho (University of California-Irvine)
[View Abstract] [Download Preview]
“We Thinking” and its Consequences
Robert Akerlof (Warwick University)
[View Abstract] [Download Preview]
Motivation, Social Interaction, and Identity
Dennis Snower (Kiel Institute for the World Economy)
[View Abstract] [Download Preview]
Discussants:
Robert A. Johnson (Institute for New Economic Thinking)
Eli Berman (University of California-San Diego)
Steven Bosworth (Kiel Institute)
Bryony Reich (University College London)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 13
American Economic Association
Inequality, Mobility, and Taxation (H2, J3)
Presiding: David Seim (University of Toronto)
Millionaire Migration and the Taxation of the Elite: Evidence from Administrative Data
Cristobal Young (Stanford University)
Charles Varner (Stanford University)
Ithai Lurie (U.S. Department of the Treasury)
Richard Prisinzano (U.S. Department of the Treasury)
[View Abstract]
Inheritance Taxation and Inequality: Evidence from Sweden
Arash Nekoei (IIES-Stockholm)
David Seim (University of Toronto)
[View Abstract]
Tax Evasion and Inequality
Annette Alstadsæter (University of Oslo)
Gabriel Zucman (London School of Economics)
Niels Johannesen (University of Copenhagen)
[View Abstract]
Dancing with the Stars: Interactions and Human Capital Accumulation
Ufuk Akcigit (University of Chicago)
Santiago Caicedo Soler (University of Chicago)
Stefanie Stantcheva (Harvard University)
Valerio Sterzi (University of Bordeaux)
Ernest Miguelez (University of Bordeaux)
Discussants:
Itzik Fadlon (Harvard University)
Mathew J. Notowidigdo (Northwestern University)
Kory Kroft (University of Toronto)

Jan 04, 2016 10:15 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Inflation Experience and Inflation Expectations (E3, E5)
Presiding: Michael Weber (University of Chicago)
Inflation Targeting and Anchoring of Inflation Expectations: Evidence from New Zealand
Olivier Coibion (University of Texas-Austin)
Yuriy Gorodnichenko (University of California-Berkeley)
Saten Kumar (Auckland University of Technology)
[View Abstract] [Download Preview]
Inflation Expectations and Consumption Behavior
Francesco D'Acunto (University of California-Berkeley)
Daniel Hoang (Karlsruhe Institute of Technology)
Michael Weber (University of Chicago)
[View Abstract] [Download Preview]
Inflation Experience and Inflation Expectations: Spatial Evidence
Marcel Fratzscher (Humboldt University)
Refet S. Gürkaynak (Bilkent University)
Gülserim Özcan (Bilkent University)
[View Abstract]
Inflation Expectations, Learning and Supermarket Prices
Alberto Cavallo (Massachusetts Institute of Technology)
Guillermo Cruces (Universidad Nacional de La Plata)
Ricardo Perez-Truglia (Microsoft Research)
[View Abstract] [Download Preview]
Discussants:
Oleksiy Kryvtsov (Bank of Canada)
Ruediger Bachmann (University of Notre Dame)
Ricardo Reis (Columbia University)
John Leahy (New York University)

Jan 04, 2016 10:15 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Money and Monetary Policy with Financial Frictions (E4, E5)
Presiding: Markus K. Brunnermeier (Princeton University)
On the Optimal Inflation Rate
Markus K. Brunnermeier (Princeton University)
Yuliy Sannikov (Princeton University)
[View Abstract]
Sooner or Later: Timing of Monetary Policy with Heterogeneous Risk Taking
Dong Beom Choi (Federal Reserve Bank of New York)
Thomas Eisenbach (Federal Reserve Bank of New York)
Tanju Yorulmazer (Unversity of Amsterdam )
[View Abstract]
Money and Asset Liquidity in Frictional Capital Markets
Wei Cui (University College London)
Sören Radde (German Institute for Economic Research)
[View Abstract] [Download Preview]
Discussants:
Itamar Drechsler (New York University)
Valentin Haddad (Princeton University)
Andy Atkenson (University of California-Los Angeles)

Jan 04, 2016 10:15 am, Hilton Union Square, Plaza A
American Economic Association
New Approaches to Improving Diversity in Economics (A1)
Presiding: Cecilia Elena Rouse (Princeton University)
Diversifying Economics: Challenges and Opportunities
Amanda Bayer (Swarthmore College)
[Download Preview]
Change Starts with UWE (Undergraduate Women in Economics)
Claudia Goldin (Harvard University)
[View Abstract] [Download Preview]
The Role of Effective Mentoring in Enhancing a More Inclusive Economics Profession
Darrick Hamilton (New School)
Mentoring and Networking among Minority PhD Students to Broaden Participation in the Profession
Marie T. Mora (University of Texas-Rio Grande Valley)
Discussants:
David Laibson (Harvard University)
Mahmoud El-Gamal (Rice University)
Bridget Terry Long (Harvard University)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 21
American Economic Association
Program for International Student Assessment (PISA) Data on Financial Literacy (A2)
Presiding: William B. Walstad (University of Nebraska–Lincoln)
An Overview of the PISA Financial Literacy Assessment
Annamaria Lusardi (George Washington University)
The Impact of Bank Account Ownership on Adolescents’ Financial Literacy
Dimitris Christelis (University of Naples Federico II)
Dimitris Georgarakos (Deutsche Bundesbank)
Annamaria Lusardi (George Washington University)
[View Abstract]
Gender Differences in Financial Literacy: Evidence from PISA Data in Italy
Laura Bottazzi (Bologna University)
Annamaria Lusardi (George Washington University)
[View Abstract]
Finance for All: The Impact of Financial Literacy Training in Compulsory Secondary Education in Spain
Laura Hospido (Banco del Espana - Servicio de Estudios)
Ernesto Villanueva (Bank of Spain)
Gema Zamarro (University of Arkansas)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
William Bosshardt (Florida Atlantic University)
Anne Boring (Sciences Po)
J. Michael Collins (University of Wisconsin - Madison)

Jan 04, 2016 10:15 am, Hilton Union Square, Franciscan C
American Economic Association
Reproducibility of Social Science Experiments: Some Innovative Evidence (C9, C8)
Presiding: Colin F. Camerer (California Institute of Technology)
Do Economics Lab Experiments in AER and QJE Replicate Predictably?
Eskil Forsell (Stockholm School of Economics)
Teck Ho (University of California-Berkeley)
Juergen Huber (University of Innsbruck)
Michael Kirchler (University of Innsbruck)
Anna Dreber Almenberg (Stockholm School of Economics)
[View Abstract]
P-Curve Analysis Shows False Positives are Not Common in Experimental Economics
Klavdia Zemlianova (National University of Singapore)
Colin F. Camerer (California Institute of Technology)
[View Abstract]
Using Prediction Markets to Estimate the Reproducibility in Science: The Many Labs 2 Replications
Eskil Forsell (Stockholm School of Economics)
Thomas Pfeiffer (NZ Institute Advanced Study)
Yiling Chen (Harvard University)
Anna Dreber Almenberg (Stockholm School of Economics)
Magnus Johannesson (Stockholm School of Economics)
[View Abstract]

Jan 04, 2016 10:15 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Topics in Development Economics (I2)
Presiding: Christian Ahlin (Michigan State University)
The Effects of Social Identity on Aspirations and Learning Outcomes: A Field Experiment in Rural India
Priya Mukherjee (College of William and Mary)
[View Abstract] [Download Preview]
Lights, Camera,....Income! Estimating Poverty using National Accounts, Survey Means and Lights
Maxim Pinkovskiy (Federal Reserve Bank of New York)
Xavier Sala-i-Martin (Columbia University)
[View Abstract] [Download Preview]
From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application
James W. Berry (Cornell University)
Abhijit Banerjee (Massachusetts Institute of Technology)
Rukmini Banerji (ASER Centre)
Esther Duflo (Massachusetts Institute of Technology)
Harini Kannan (J-PAL)
[View Abstract]
The Gendered Impact of Young Children's Health on Human Capital: Evidence from Turkey
Marcella Alsan (Stanford University)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Plaza B
American Economic Association
Value-Added Models: New Methods and Applications (I2)
Presiding: John Friedman (Brown University and NBER)
Understanding Hospital Treatment Rates
Amitabh Chandra (Harvard University)
Douglas Staiger (Dartmouth College)
[View Abstract]
Leveraging Lotteries for School Value-Added: Testing and Estimation
Joshua D. Angrist (Massachusetts Institute of Technology)
Peter D. Hull (Massachusetts Institute of Technology)
Parag A. Pathak (Massachusetts Institute of Technology)
Christopher Walters (University of California-Berkeley)
[View Abstract] [Download Preview]
Using Prior Test Scores to Assess the Validity of Value-Added Models
Raj Chetty (Harvard University)
John Friedman (Brown University)
Jonah Rockoff (Columbia University)
[View Abstract]
Fixed Effects, Invariance, and Spatial Variation in Intergenerational Mobility
Gary Chamberlain (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Lawrence Katz (Harvard University)
Guido Imbens (Stanford University)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Behavioral CEOs (G3)
Presiding: Geoffrey Tate (University of North Carolina)
Do Managers Overreact to Salient Risks? Evidence from Hurricane Strikes
Olivier Dessaint (University of Toronto)
Adrien Matray (Princeton University)
[View Abstract] [Download Preview] [Download PowerPoint]
Corporate Risk Culture
Yihui Pan (University of Utah)
Stephan Siegel (University of Washington)
Tracy Yue Wang (University of Minnesota)
[View Abstract] [Download Preview]
Do CEO Beliefs Affect Corporate Cash Holdings?
Sanjay Deshmukh (DePaul University)
Anand Goel (Navigant)
Keith Howe (DePaul University)
[View Abstract] [Download Preview]
Initial Offer Precision and M&A Outcomes
Petri Hukkanen (Aalto University )
Matti Keloharju (Aalto University)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Ran Duchin (University of Washington)
Mara Faccio (Purdue University)
Vikram Nanda (Rutgers University)
Tim Loughran (University of Notre Dame)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salon 8
American Finance Association
Cryptocurrencies, Blockchains and the Future of Financial Services (G2)
Presiding: David Yermack (New York University)
Discussants:
Michael Casey (Massachusetts Institute of Technology)
Morgan McKenney (Citigroup)
Tim Swanson (R3CEV)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Dimensions of Governance Revisited (G3)
Presiding: Augustin Landier (Toulouse School of Economics)
The Evolution of Corporate Cash
John Graham (Duke University)
Mark Leary (Washington University-St. Louis)
[View Abstract] [Download Preview]
Costly External Finance, Regulatory Regime, and the Strategic Timing of Vehicle Recalls
Sudipto Dasgupta (Hong Kong University of Science and Technology)
Jin Xie (Chinese University of Hong Kong)
[View Abstract] [Download Preview]
Staggered Boards and Firm Value, Revisited
Martijn Cremers (University of Notre Dame)
Lubomir Litov (University of Arizona)
Simone Sepe (University of Arizona)
[View Abstract] [Download Preview]
Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class
Manuel Adelino (Duke University)
Antoinette Schoar (Massachusetts Institute of Technology)
Felipe Severino (Dartmouth College)
[View Abstract]
Discussants:
Murillo Campello (Cornell University and NBER)
Tom Chang (University of Southern California)
Dirk Jenter (Stanford University)
Nancy Wallace (University of California-Berkeley)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Financial Markets and Government Interactions (G3)
Presiding: Francisco Perez-Gonzalez (Instituto Tecnológico Autónomo de México )
Corporate Governance and the Creation of the SEC
Arevik Avedian (Harvard University)
Henrik Cronqvist (University of Miami )
Marc Weidenmier (Claremont McKenna College)
[View Abstract] [Download Preview]
SHO Time for Innovation: The Real Effects of Short Sellers
Jie He (University of Georgia)
Xuan Tian (Indiana University)
[View Abstract] [Download Preview]
The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration
Manuel Adelino (Duke University)
Igor Cunha (Nova School of Business and Economics)
Miguel Ferreira (Nova School of Business and Economics)
[View Abstract] [Download Preview]
Discussants:
Benjamin Hermalin (University of California-Berkeley)
Sebastien Michenaud (DePaul University)
Gabriel Chodorow-Reich (Harvard University)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Financial System Stability (G2)
Presiding: Samuel Hanson (Harvard Business School)
Measuring Liquidity Mismatch in the Banking Sector
Jennie Bai (Georgetown University)
Arvind Krishnamurthy (Stanford University)
Charles-Henri Weymuller (French Treasury)
[View Abstract] [Download Preview]
Risk Management Failures
Matthieu Bouvard (McGill University )
Samuel Lee (Santa Clara University)
[View Abstract] [Download Preview]
By Force of Flow: Investor Behavior and Money Market Fund Risk Allocations During the Eurozone Crisis
Emily Gallagher (Sorbonne - Paris School of Economics)
Lawrence Schmidt (University of Chicago)
Allan Timmermann (UCSD)
Russ Wermers (University of Maryland)
[View Abstract] [Download Preview]
Countercyclical Bank Equity Issuance
Matthew Baron (Cornell University)
[View Abstract]
Discussants:
Samuel Hanson (Harvard Business School)
Konstantin Milbradt (Northwestern University)
Antoine Martin (Federal Reserve Bank of New York)
Adi Sunderam (Harvard Business School)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Fund Managers (G1)
Presiding: Peter Kondor (London School of Economics)
Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry
Massimo Massa (INSEAD)
Chengwei Wang (INSEAD)
Hong Zhang (Tsinghua University)
Jian Zhang (National University of Singapore)
[View Abstract] [Download Preview]
Do Funds Make More When They Trade More?
Lubos Pastor (University of Chicago )
Robert Stambaugh (University of Pennsylvania)
Lucian Taylor (University of Pennsylvania)
[View Abstract] [Download Preview]
Matching Capital and Labor
Jonathan B. Berk (Stanford University)
Jules van Binsbergen (University of Pennsylvania)
Binying Liu (Northwestern University)
[View Abstract] [Download Preview]
The Unintended Consequences of the Zero Lower Bound Policy
Marco Di Maggio (Columbia University)
Marcin Kacperczyk (Imperial College London)
[View Abstract] [Download Preview]
Discussants:
Dong Lou (London School of Economics)
Clemens Sialm (University of Texas-Austin and NBER)
Michael Ewens (California Institute of Technology)
Philip Strahan (Boston College)

Jan 04, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
Information Frictions in Asset Markets (G1)
Presiding: Laura Veldkamp (New York University)
Impediments to Financial Trade: Theory and Measurement
Nicolae Garleanu (University of California-Berkeley )
Stavros Panageas (University of Chicago )
Jianfeng Yu (University of Minnesota)
[View Abstract]
Multi-Asset Noisy Rational Expectations Equilibrium with Contingent Claims
Georgy Chabakauri (London School of Economics)
Kathy Yuan (London School of Economics)
Konstantinos E. Zachariadis (London School of Economics)
[View Abstract] [Download Preview]
Information Asymmetries, Volatility, Liquidity, and the Tobin Tax
Christian Julliard (London School of Economics)
Albina Danilova (London School of Economics)
[View Abstract] [Download Preview]
Good Disclosure, Bad Disclosure
Itay Goldstein (University of Pennsylvania)
Liyan Yang (University of Toronto)
[View Abstract] [Download Preview]
Discussants:
Ralph Koijen (London Business School)
Bradyn Breon-Drish (Stanford University)
Pietro Veronesi (University of Chicago)
Pablo Kurlat (Stanford University)

Jan 04, 2016 10:15 am, Marriott Marquis, Nob Hill A & B
American Finance Association
Institutional Biases and Asset Prices (G1)
Presiding: Alok Kumar (University of Miami)
Distracted Institutional Investors
Daniel Schmidt (HEC Paris)
[View Abstract] [Download Preview]
The Granular Nature of Large Institutional Investors
Itzhak Ben-David (Ohio State University and NBER)
Francesco Franzoni (University of Lugano)
Rabih Moussawi (University of Pennsylvania)
John Sedunov (Villanova University)
[View Abstract] [Download Preview]
Short Selling Activity and Waiting Games
Francesco Franzoni (University of Lugano)
Massimo Massa (INSEAD)
Carlo sommavilla (University of Lugano)
[View Abstract] [Download Preview]
Coordinated Noise Trading: Evidence from Pension Fund Reallocations
Zhi Da (University of Notre Dame)
Borja Larrain (Pontificia Universidad Catolica de Chile)
Clemens Sialm (University of Texas-Austin and NBER)
Jose Tessada (Pontificia Universidad Catolica de Chile)
[View Abstract] [Download Preview]
Discussants:
Jawad Addoum (University of Miami)
Tarun Ramadorai (University of Oxford)
Russell Jame (University of Kentucky)
Richard Sias (University of Arizona)

Jan 04, 2016 10:15 am, Parc 55, Mission I
American Real Estate & Urban Economic Association
Housing Affordability (R2, D1)
Presiding: Richard K. Green (University of Southern California)
Retirement and Unretirement During the Recent Housing Crises
Gregory Burge (University of Oklahoma)
Lingxiao Zhao (University of Oklahoma)
[View Abstract]
Housing Affordability and Inequality: A Consumption-Based Approach
Danny Ben-Shahar (Tel Aviv University)
Stuart Gabriel (University of California-Los Angeles)
Roni Golan (Technion - Israel Institute of Technology)
[View Abstract] [Download Preview]
Real Estate as a Luxury Good: Non-Resident Demand and Property Prices in Paris
Dragana Cvijanovic (University of North Carolina-Chapel Hill)
Christophe Spaenjers (HEC Paris)
[View Abstract] [Download Preview]
Employment and the Shared Housing and Living Arrangements of Young Men: New Evidence from the Great Recession
Michael Eriksen (Texas Tech University)
Gary Engelhardt (Syracuse University)
Nadia Greenhalgh-Stanley (Kent State University)
[View Abstract] [Download Preview]
Discussants:
Vincent Yao (Fannie Mae)
Jung Hyun Cho (University of Southern California)
Luis Quintero (World Bank)
Andra Ghent (Arizona State University)

Jan 04, 2016 10:15 am, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Local Externalities (R5, K2)
Presiding: Janet Kohlhase (University of Houston)
Do Local Governments Site Nuisance Activities Along Borders? A Empirical Strategy Applied to Wind Turbines
Justin Ross (Indiana University)
Sanya Carley (Indiana University)
[View Abstract]
I Can Hear My Neighbors' Fracking: The Effect of Natural Gas Production on Housing Values in Tarrant County, TX
Zach Hawley (Texas Christian University)
Andrew Balthrop (American University of Sharjah)
[View Abstract] [Download Preview]
Fewer Vacants, Fewer Crimes? Impacts of Neighborhood Revitalization Policies on Crime
Jonathan Spader (ABT Associates Inc.)
Jenny Schuetz (Federal Reserve Board )
Alvaro Cortes (ABT Associates Inc.)
[View Abstract] [Download Preview]
Strip Clubs and Property Values
Adam Nowak (West Virginia University)
Taggert Brooks (University of Wisconsin-La Cross)
Brad Humphreys (West Virginia University)
[View Abstract] [Download Preview]
Discussants:
Ralph Mastromonaco (University of Oregon)
Allen Klaiber (Ohio State University)
Dionissi Aliprantis (Federal Reserve Bank of Cleveland)
Elisheba Spiller (Environmental Defense Fund)

Jan 04, 2016 10:15 am, Parc 55, Market Street
Association for Comparative Economic Studies/American Economic Association
Global Inequality in Comparative Perspective (P5, F6) (Panel Discussion)
Panel Moderator: Michael Alexeev (Indiana University-Bloomington)
Joseph Eugene Stiglitz (Columbia University) Unequal Societies
Jan Svejnar (Columbia University) Are Billionaires Good or Bad for Economic Growth?
Branko Milanovic (City University of New York-Graduate Center ) Recent Trends in Global Inequality & Their Political Implications

Jan 04, 2016 10:15 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics/International Association for Feminist Economics
Inside Institutions: Feminist Perspectives (B5, Z1)
Presiding: Barbara E. Hopkins (Wright State University)
Gender Gaps Post-Crisis: Women Workers, Employment and Precarity
Alicia Girón (Mexico Autonomous National University)
Eugenia Correa (Mexico Autonomous National University)
[View Abstract] [Download Preview]
The Experience of Selling Experiences
Ellen Mutari (Stockton University)
Deborah M. Figart (Stockton University)
[View Abstract]
Did I Shave My Legs for This? Navigating, Conforming to, and Challenging the Rules of Markets and Men at Work and Home
Paula M. Cole (University of Denver)
[View Abstract]
The Care Tax: An Instrument for a (Re)Productive Economy?
Anna Saave (Carl von Ossietzky University-Gemany)
[View Abstract]
Globalization, Gender Empowerment and Fertility
Mizuki Komura (Nagoya University-Japan)
Hikaru Ogawa (University of Tokyo-Japan)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Marriott Marquis, Pacific B
Association for Social Economics/Association for Evolutionary Economics
Financialisation and Institutional Changes (B5, G3)
Presiding: Tonia L. Warnecke (Rollins College)
Shareholder Value Orientation, the Acquisition of Financial Assets, and Corporate Cash Holdings among US Corporations, 1971-2013
Leila Davis (Middlebury College)
[View Abstract]
Financial Liberalization as a Process of Flawed Institutional Change: Institutional Cognitive Dissonance and Systemic Crisis
Faruk Ülgen (University Grenoble Alpes)
[View Abstract] [Download Preview]
Governance Structures, Cultural Distance, and Socialization Dynamics: Further Challenges for the Modern Corporation
Christian Cordes (University of Bremen)
Sarianna M Lundan (University of Bremen)
Stephan Mueller (University of Goettingen)
Georg Schwesinger (University of Bremen)
[View Abstract] [Download Preview]
A Theory of Why and How Central-Bank Culture Supports Predatory Risk-Taking at Megabanks
Edward J Kane (Boston College)
[View Abstract] [Download Preview]
Selectivity and Transparency in Social Banking: Evidence from Europe
Panu Kalmi (University of Vaasa)
Simon Cornée (University de Rennes 1)
Ariane Szafarz (Université Libre de Bruxelles)
[View Abstract] [Download Preview] [Download PowerPoint]

Jan 04, 2016 10:15 am, Parc 55, Powell II
Association for the Study of Cuban Economy
The Cuban Economy (P2)
Presiding: Roger Betancourt (University of Maryland-College Park)
Why Has the Growth of the Cuban Economy Been So Strong Since the Mid 1990s?
Ernesto Hernandez-Cata (International Monetary Fund-Retired)
[View Abstract] [Download Preview]
The Value of Food Consumption in Cuba 1966-2011
Luis Locay (University of Miami)
[View Abstract]
Modelling Economic Growth in Cuba
Carlos Seiglie (Rutgers University-Newark)
[Download Preview]
Discussants:
John Devereux (City University of New York-Queens College)
Roger Betancourt (University of Maryland-College Park)

Jan 04, 2016 10:15 am, Marriott Marquis, Walnut
Association for the Study of Generosity in Economics/International Association for Feminist Economics
Gender and Altruistic Decisions (D6, J1)
Presiding: Catherine Eckel (Texas A&M University)
Making Decisions for Others: The Consequences of Gender Stereotypes
Catherine Eckel (Texas A&M University)
[View Abstract]
Finding Excuses to Decline the Ask
Ragan Petrie (George Mason University)
Christine Exley (Harvard University)
[View Abstract] [Download Preview]
The Importance of Fuzzy Beliefs
Katherine Coffman (Ohio State University)
Muriel Niederle (Stanford University)
Mitigating the Gender Gap in the Willingness to Compete: Evidence from a Randomized Field Experiment
Sule Alan (University of Essex)
Seda Ertac (Koc University)
[View Abstract] [Download Preview]
Discussants:
Jonathan Meer (Texas A&M University)

Jan 04, 2016 10:15 am, Marriott Marquis, Pacific C
Association of Christian Economists
Religion and Social Insurance: Evidence from Across Time and Place (Z1)
Presiding: Daniel Hungerman (University of Notre Dame)
Rainfall Risk and Religious Membership in the Late 19th Century U.S.
Philipp Ager (University of Southern Denmark)
Antonio Ciccone (Pompeu Fabra)
[View Abstract] [Download Preview]
Acts of God: Religiosity and Natural Disasters Across Subnational World Districts
Jeanet Sinding Bentzen (University of Copenhagen)
[View Abstract] [Download Preview]
The Political Economy of Beliefs: Why Fiscal and Social Conservatives/Liberals Come Hand-in-Hand
Daniel Chen (ETH Zurich)
[View Abstract] [Download Preview]
Discussants:
David Yanagizawa-Drott (Harvard University)
Markus Brueckner (University of Queensland)
Jorg Spenkuch (Northwestern University)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
Management of Natural Resources: Theory and Applications (Q2, Q3)
Presiding: Harrison Fell (Colorado School of Mines)
Do Catch Shares End the Race to Fish and Increase Ex Vessel Prices? Evidence from U.S. Fisheries
Martin Smith (Duke University)
Anna Birkenbach (Duke University)
David Kaczan (Duke University)
[View Abstract] [Download Preview] [Download PowerPoint]
Mining and Quasi-Option Value
Charles Kolstad (Stanford University)
Christopher Costello (University of California-Santa Barbara)
[View Abstract] [Download Preview]
Electrification, Agricultural Productivity and Deforestation in Brazil
Dimitri Szerman (Pontifical Catholic University of Rio de Janeiro)
Juliano Assunção (Pontifical Catholic University of Rio de Janeiro)
Molly Lipscomb (University of Virginia)
Ahmed Mushfiq Mobarak (Yale University)
[View Abstract]
Elephants and Mammoths: Can Ice Ivory Save Blood Ivory?
Naima Farah (University of Calgary)
John Boyce (University of Calgary)
[View Abstract] [Download Preview]
Discussants:
Harrison Fell (Colorado School of Mines)
Michael Hanemann (Arizona State University)
Eduardo Souza-Rodrigues (University of Toronto)
Christopher Costello (University of California-Santa Barbara)

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra A
Association of Financial Economists
Culture and Finance (G3, G1)
Presiding: Andrew Karolyi (Cornell University)
National Culture, Corporate Governance Practices, and Firm Value
Dale Griffin (University of British Columbia)
Omrane Guedhami (University of South Carolina)
Chuck C.Y. Kwok (University of South Carolina)
Kai Li (University of British Columbia)
Liang Shao (Hong Kong Baptist University)
[View Abstract] [Download Preview]
Board Diversity and Firm Performance Volatility
Mariassunta Giannetti (Stockholm School of Economics)
Mengxin Zhao (University of Alberta)
[View Abstract] [Download Preview]
Enforcement Actions and Corporate Culture in Banking
Franco Fiordelisi (Durham University)
Jacopo Raponi (Durham University)
Raghavendra Rau (University of Cambridge)
[View Abstract] [Download Preview]
Discussants:
Jordan Siegel (Harvard University)
Kenneth Ahern (University of Southern California)
Alberto Manconi (Tilburg University)

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra J
Chinese Economists Society
Chinese Consumption and Saving Behavior: Evidence from Household Survey Data (D1)
Presiding: Jinlan Ni (University of Nebraska-Omaha)
Effect of Access to Informal Finance on Consumption:Evidence from a Representative Sample of Chinese Households
Robert Cull (World Bank)
Li Gan (Texas A&M University and Southwestern University of Finance and Economics)
Nan Gao (Southwestern University of Finance and Economics)
Lixin Colin Xu (World Bank)
[View Abstract]
Earnings, Income, and Wealth Distributions in China: Facts from the 2011 China Household Finance Survey
Jijun Tan (Southwestern University of Finance and Economics)
Ting Zeng (National University of Singapore)
Shenghao Zhu (National University of Singapore)
[View Abstract]
Housing Wealth and Consumption: Evidence from CHFS Panel Data
Han Li (Southwestern University of Finance and Economics)
[View Abstract]
Micro-Data Evidence on Family Size and Chinese Household Saving Rates
Steven Lugauer (University of Notre Dame)
Jinlan Ni (University of Nebraska at Omaha)
Zhichao Yin (Southwestern University of Finance and Economics)
[View Abstract] [Download Preview]
Discussants:
Zhao Rong (Southwestern University of Finance and Economics)
Jia Yuan (University of Macau)
Steven Lugauer (University of Notre Dame)
Yong Wang (Hong Kong University of Science and Technology)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 20
Econometric Society
Auctions: Theory and Evidence (A1)
Presiding: Hugo A. Hopenhayn (University of California-Los Angeles)
Dynamic Bidding in Second Price Auction
Maryam Saeedi (Ohio State University)
Hugo A. Hopenhayn (University of California-Los Angeles)
[View Abstract] [Download Preview]
How to Boost Revenues in First-Price Auctions? The Magic of Disclosing Only Winning Bids from Past Auctions
Fabio Michelucci (CERGE-EI)
Philippe Jehiel (Paris School of Economics)
Peter Katuscak (University of Economics in Prague)
[View Abstract] [Download Preview]
Robustness and Multidimensional Screening
Gabriel Carroll (Stanford University)
[View Abstract]
Auctions with an Asking Price
Peyman Khezr (University of Queensland)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 19
Econometric Society
Firms and the Aggregate Economy (A1)
Presiding: Ufuk Akcigit (University of Chicago)
Entry Costs Rise with Development
Huiyu Li (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Lack of Selection and Limits to Delegation: Firms Dynamics in Developing Countries
Ufuk Akcigit (University of Chicago)
Harun ALP (University of Pennsylvania)
Michael Peters (Yale University)
[View Abstract]
Welfare Effects of European R&D Support Policies
Otto Toivanen (KU Leuven)
Dirk Czarnitzki (KU Leuven)
Elena Huergo (Universidad Complutense de Madrid)
Mila Köhler (KU Leuven and ZEW)
Pierre Mohnen (Maastricht University)
Sebastian Pacher (UNU-Merit)
Tuomas Takalo (Hanken School of Economics)
[View Abstract] [Download Preview]
Microeconomic Origins of Macroeconomic Tail Risks
Alireza Tahbaz-Salehi (Columbia University)
Daron Acemoglu (Massachusetts Institute of Technology)
Asu Ozdaglar (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 14
Econometric Society
Heterogenous Production Functions: Estimation and Applications (A1)
Presiding: Jeremy Fox (University of Michigan)
Heterogeneous Firms: Skilled-Labor Productivity and Export Destinations
Jorge Balat (Johns Hopkins University)
Irene Brambilla (Universidad de La Plata)
Yuya Sasaki (Johns Hopkins University)
[View Abstract]
Heterogenous Production Functions, Panel Data, and Productivity Growth Accounting
Stefan Hoderlein (Boston College)
Jeremy Fox (University of Michigan)
Vitor Hadad (Boston College)
Amil Petrin (University of Minnesota)
[View Abstract]
On the Identification of Production Functions with Non Hicks Neutral Technical Change
Amit Gandhi (University of Wisconsin-Madison)
Salvador Navarro (University of Western Ontario)
David Rivers (University of Western Ontario)
[View Abstract]
Identification and Estimation of Production Function with Unobserved Heterogeneity
Hiroyuki Kasahara (University of British Columbia)
Paul Schrimpf (The University of British Columbia)
Michio Suzuki (University of Tokyo)
[View Abstract] [Download Preview]
Discussants:
Paul Grieco (Pennsylvania State University)
Daniel A. Ackerberg (University of Michigan)
Matthew Backus (Cornell University)
Stephane Bonhomme (University of Chicago)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 16
Econometric Society
Risk Sharing, Uncertainty and Information (A1)
Presiding: Raman Uppal (Edhec Business School)
Does Household Finance Matter? Small Financial Errors with Large Social Costs
Harjoat Bhamra (Imperial College Business School)
Raman Uppal (Edhec Business School)
[View Abstract] [Download Preview]
Back-Running: Seeking and Hiding Fundamental Information in Order Flows
Liyan Yang (University of Toronto)
Haoxiang Zhu (Massachusetts Institute of Technology)
[View Abstract]
The Elephant in the Room: the Impact of Labor Obligations on Credit Risk
Jack Favilukis (University of British Columbia)
Xiaoji Lin (Ohio State University)
Xiaofei Zhao (University of Texas-Dallas)
[View Abstract] [Download Preview]
Economic Policy Uncertainty and the Yield Curve
Felix Matthys (Princeton Bendheim Center For Finance)
Markus Leippold (Swiss Finance Institute and University of Zurich)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 15
Econometric Society
Topics in Health (A1)
Presiding: Nicolas Robert Ziebarth (Cornell University)
Is China's Pollution the Culprit for the Choking of South Korea? Evidence from the Asian Dust
Ruixue Jia (IRPS)
[View Abstract]
Sleep and Human Capital: Evidence from Daylight Saving Time
Nicolas Robert Ziebarth (Cornell University)
[View Abstract] [Download Preview]
Do Doctors Prescribe Antibiotics Out of Fear of Malpractice?
Sebastian Panthöfer (Universidad Carlos III de Madrid)
[View Abstract] [Download Preview]
Policy Interventions When Medical Treatment Dynamics Matter: The Case of In Vitro Fertilization
Juan Pantano (Washington University-St. Louis)
Barton Hamilton (Washington University)
Brian McManus (UNC)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Hilton Union Square, Powell A & B
Health Economics Research Organization
Contributed Papers in Physician Practices, Commercial Insurance, and HMO Penetration (I1, D4)
Presiding: J. Michael Fitzmaurice (JMF Associates)
The Role of Organizational Factors in Explaining Variation in Inpatient Physician Practices: The Case Study of Knee and Hip Replacement Surgeries
Julie Sakowski (Rational Answer Consulting)
Paula Song (University of North Carolina)
[View Abstract]
Hospital Decision Making and Physician Alignment: The Role of the Commercial Insurance Market
Sean Huang (Georgetown University)
Ian M. McCarthy (Emory University)
[View Abstract]
HMO Penetration and Fee-For-Service Price: Is There a Connection?
Christopher Whaley (University of California-Berkeley)
H. Edward Freck III (University of California-Santa Barbara)
William Comanor (University of California-Santa Barbara)
[View Abstract]
Discussants:
Joanne Spetz (University of California-San Francisco)
Gautam Gowrisankaran (University of Arizona)
Roger Feldman (University of Minnesota)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 23 & 24
Industrial Organization Society
Empirics of Markets with Information and Learning (L1, M1)
Presiding: Kenneth Hendricks (University of Wisconsin)
Transparency and Negotiated Prices: The Value of Information in Hospital-Supplier Bargaining
Matthew Grennan (University of Pennsylvania)
Ashley Swanson (University of Pennsylvania)
[View Abstract] [Download Preview]
Just Starting Out: Learning and Price Competition in a New Market
Ulrich Doraszelski (University of Pennsylvania)
Greg Lewis (Microsoft Research)
Ariel Pakes (Harvard University)
[View Abstract] [Download Preview]
Bounding Equilibria in Counterfactual Analysis
Mar Reguant (Northwestern University)
[View Abstract]
Complex Disclosure
Ginger Zhe Jin (University of Maryland)
Michael Luca (Harvard Business School)
Daniel Martin (Northwestern University)
[View Abstract] [Download Preview]
Discussants:
Michael Dickstein (Stanford University)
Marc Rysman (Boston University)
Ali Hortaçsu (University of Chicago)
Timothy Simcoe (Boston University)

Jan 04, 2016 10:15 am, Parc 55, Divisadero
International Association for Energy Economics/National Association for Business Economics
The Impact of Oil Price Volatility on the Economy (E3, Q4) (Panel Discussion)
Panel Moderator: Mine Yucel (Federal Reserve Bank of Dallas)
Troy Davig (Federal Reserve Bank of Kansas City) The Effect of Oil Price Volatility on the Macroeconomy and Monetary Policy
James Crain (EnCap Investments L.P.) Impact of Oil Price Volatility on Energy Investment
Otaviano Canuto (International Monetary Fund) Impact of Oil Price Volatility on Oil Exporting and Importing Countries

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra B
International Economics & Finance Society
International Trade, Economic Geography, and Firm Heterogeneity (F1, F2)
Presiding: Jeffrey H. Bergstrand (University of Notre Dame)
Optimal City Structure
Treb Allen (Northwestern University)
Costas Arkolakis (Yale University)
Xiangliang Li (Yale University)
[View Abstract]
Heterogeneous Economic Integration Agreement Effects
Scott L. Baier (Clemson University)
Jeffrey H. Bergstrand (University of Notre Dame)
Matthew W. Clance (University of Pretoria)
[View Abstract] [Download Preview]
Trade Integration and the Fragility of Trade Relationships: Theory and Empirics
Tibor Besedes (Georgia Institute of Technology)
Juan Moreno-Cruz (Georgia Institute of Technology)
Volker Nitsch (Technische Universitat Darmstadt)
[View Abstract] [Download Preview]
Trade and Inequality: From Theory to Estimation
Elhanan Helpman (Harvard University)
Oleg Itskhoki (Princeton University)
Marc-Andreas Muendler (University of California-San Diego)
Stephen J. Redding (Princeton University)
[View Abstract] [Download Preview]

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra C
International Network for Economic Method
Economic Models and Their Use (B4, B2)
Presiding: D. Wade Hands (University of Puget Sound)
Derivational Robustness, Credible Substitute Systems, and Mathematical Economic Models: The Case of Stability Analysis in Walrasian General Equilibrium Theory
D. Wade Hands (University of Puget Sound)
[View Abstract] [Download Preview]
Causal Theories, Models and Evidence in Economics – Some Reflections from Biology
Michael Joffe (Imperial College London)
[View Abstract] [Download Preview]
Uncertainty Management of Economic Modeling
Marcel Boumans (Utrecht University)
[View Abstract]
The Mosteller-Nogee and Davidson-Suppes-Siegel Experiments to Measure the Utility of Money
Ivan Moscati (Insubria University)
[View Abstract] [Download Preview] [Download PowerPoint]

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 3 & 4
Korea-America Economic Association
Market Design Approach to School Choice (C7, D4)
Presiding: Jinwoo Kim (Seoul National University)
Integrating Schools for Centralized Admissions
Bumin Yenmez (Carnegie Mellon University)
Mehmet Ekmekci (Boston College)
[View Abstract] [Download Preview]
Promoting School Competition Through School Choice: A Market Design Approach
John William Hatfield (McCombs School of Business, University of Texas at Austin)
Fuhito Kojima (Stanford University)
Yusuke Narita (Massachusetts Institute of Technology)
[View Abstract]
Minimal Envy Efficient Assignment Mechanisms: The Design of New Orleans OneApp
Atila Abdulkadiroglu (Duke University)
Yeon-Koo Che (Columbia University)
Parag A. Pathak (Massachusetts Institute of Technology)
Alvin E. Roth (Stanford University)
Olivier Tercieux (Paris School of Economics)
[View Abstract]
A Robust Redesign of High School Match
Sam Ilmyoung Hwang (University of British Columbia)
[View Abstract] [Download Preview]
Discussants:
Youngwoo Koh (Hanyang University)
Jinwoo Kim (Seoul National University)
Yinghua He (Toulouse School of Economics)
Soohyung Lee (University of Maryland)

Jan 04, 2016 10:15 am, Parc 55, Balboa
Labor & Employment Relations Association
Assessing the Impact of the Minimum Wage (J3)
Presiding: Sylvia Allegretto (University of California-Berkeley)
Early Evidence on the Impact of Seattle's Minimum Wage Ordinance
Jacob Vigdor (University of Washington)
[View Abstract] [Download Preview]
Credible Research Designs for Minimum Wage Studies: A Response to Neumark, Salas and Wascher
Sylvia Allegretto (University of California-Berkeley)
Arindrajit Dube (University of Massachusetts-Amherst)
Michael Reich (University of California-Berkeley)
Ben Zipperer (Washington Center for Equitable Growth)
[View Abstract] [Download Preview]
The Feasibility of a $12.50 Federal Minimum Wage
Lawrence Mishel (Economic Policy Institute)
John Schmitt (Center for Economic and Policy Research)
[View Abstract] [Download Preview]
Discussants:
William Spriggs (Howard University)
Sylvia Allegretto (University of California-Berkeley)

Jan 04, 2016 10:15 am, Parc 55, Davidson
Labor & Employment Relations Association
Income and Wealth Inequality: Recent Empirical Research (J3)
Presiding: Kevin Hallock (Cornell University)
Household Wealth Trends in the United States, 1962-2013: What Happened over the Great Recession?
Edward Nathan Wolff (New York University)
[View Abstract]
Winner Take All in Baseball? The Effects of Career Interruptions
David Cameron Phillips (Hope College)
Brennan Mange (Hope College)
[View Abstract] [Download Preview]
Cyclicality in Top Incomes: The Rise of the High-Beta Rich Reconsidered
Kevin W. Capehart (American University-Paris)
[View Abstract]
Union Power and Inequality
Florence Jaumotte (International Monetary Fund)
Carolina Osorio (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
David Card (University of California-Berkeley)
Kevin Hallock (Cornell University)

Jan 04, 2016 10:15 am, Marriott Marquis, Pacific J
National Association of Forensic Economics
Methods in Forensic Economics (K1, D1)
Presiding: Lane Hudgins (Lane Hudgins Analysis)
Reflections on the Methods of Forensic Economists in Light of the 2015 NAFE Survey Results
Michael Brookshire (Brookshire Barrett & Associates, LLC)
Michael Luthy (Bellarmine University)
David Rosenbaum (University of Nebraska-Lincoln)
David Schap (College of the Holy Cross)
Frank Slesnick (Bellarmine University)
[View Abstract]
Maternal Household Services and Children
Charles Baum (Middle Tennessee State University)
James Rodgers (Pennsylvania State University)
[View Abstract] [Download Preview]
Issues in Using the American Time Use Survey to Value Household Production
Jay Stewart (U.S. Bureau of Labor Statistics)
[View Abstract]
Discussants:
Craig Allen (Commonwealth Research Group, Inc.)
Robert Thornton (Lehigh University)
Kevin E. Cahill (Boston College)

Jan 04, 2016 10:15 am, Hilton Union Square, Van Ness Room
National Economic Association
Issues in African Development (O1, F5)
Presiding: Mthuli Ncube (University of Oxford)
Are Bilateral and Multilateral Aid for Trade Complementary? Accounts from Africa
Bedassa Tadasse (University of Minnesota-Duluth)
Elias Shukralla (Qatar University)
Bichaka Fayissa (Middle Tennessee State University)
[View Abstract] [Download Preview]
Do Public-Private Infrastructural Investments Promote Long-Run Economic Growth? Evidence from Africa Countries
Christian Nsiah (Baldwin Wallace University)
[View Abstract] [Download Preview]
The Effects of Aid on Foreign Direct Investments in Africa and Other Regions
Tony Addison (UNU-WIDER)
Mina Baliamoune-Lutz (University of North Florida)
[View Abstract] [Download Preview]
Exports, Foreign Ownership and Firm-level Efficiency in Ethiopia and Kenya: An Application of Stochastic Frontier Model
Adugna Lemi (University of Massachusetts-Boston)
Ian Wright (Syracuse University)
[View Abstract] [Download Preview]
Returns to Controlling a Neglected Tropical Disease: Schistosomiasis Control Program and Education Outcomes in Nigeria
Francis Makamu (Oklahoma State University)
[View Abstract] [Download Preview]
Discussants:
Gbadebo Odularu (Forum for Agricultural Research in Africa)
Bamidele Adekunle (University of Guelph & Ryerson University)
Collins A. Koko Ayoo (Carleton University)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 25
Omicron Delta Epsilon
Omicron Delta Epsilon Graduate Student Session (A1, E1)
Presiding: Alan P. Grant (Baker University)
Aid, Policies and Growth: Revisiting with New Data
Shaomeng Jia (Mississippi State University)
[View Abstract] [Download Preview]
Co-Movements Between the Real Economy and Financial Markets
Lyudmyla Kompaniyets (Washington State University)
[View Abstract] [Download Preview]
The Three Factors of Increasing Income Inequality in the United States
Shirin Mollah (Claremont Graduate University)
[View Abstract]
Discussants:
Shirin Mollah (Claremont Graduate University)
Shaomeng Jia (Mississippi State University)
Lyudmyla Kompaniyets (Washington State University)

Jan 04, 2016 10:15 am, Parc 55, Powell I
Peace Science Society International
The Nature of Conflict (F5)
Presiding: Solomon W. Polachek (State University of New York-Binghamton)
The Nature of Conflict
Cemal Eren Arbatli (NRU Higher School of Economics)
Quamrul H. Ashraf (Williams College)
Oded Galor (Brown University)
[View Abstract] [Download Preview]
Export Crops and Civil Conflict
Benjamin Crost (University of Illinois)
Joseph Felter (Stanford University)
[View Abstract]
How Does Stalemate Affect Military Spending? Theory and Evidence
Jun Xiang (Rutgers University)
Raul Caruso (Catholic University of the Sacred Heart)
[View Abstract]
Terrorism and Philanthropy: The Effect of Terror Attacks on the Scope of Giving by Individuals and Households
Claude Berrebi (Hebrew University)
Hanan Yonah (Hebrew University)
[View Abstract]
Discussants:
Tirthatanmoy Das (University of Central Florida)
Ritam Chaurey (State University of New York-Binghamton)
Carlos Seiglie (Rutgers University)
Ariel Belasen (Southern Illinois University)

Jan 04, 2016 10:15 am, Hilton Union Square, Union Square 1 & 2
Society for Economic Dynamics
Multiple Equilibria in Models of Sovereign Debt (F3, G1)
Presiding: Luigi Bocola (Northwestern University)
International Reserves and Rollover Risk
Javier Bianchi (University of Wisconsin)
Juan Carlos Hatchondo (Indiana University)
Leonardo Martinez (International Monetary Fund)
[View Abstract]
Maturity and Indeterminacy in Sovereign Debt Models
Mark Aguiar (Princeton University)
Manuel Amador (Federal Reserve Bank of Minneapolis)
[View Abstract]
Sovereign Debt Crises
Mark Aguiar (Princeton University)
Satyajit Chatterjee (Federal Reserve Bank of Philadelphia)
Hal Cole (University of Pennsylvania)
Zachary Stangebye (University of Notre Dame)
[View Abstract]
Indeterminacy in Sovereign Debt Market: A Quantitative Analysis
Luigi Bocola (Northwestern University)
Alessandro Dovis (Pennsylvania State University)
[View Abstract]

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra H
Society for the Advancement of Behavioral Economics
Herbert Simon. Commemorating the Centenary of Simon’s Birth (B3, Y8)
Presiding: Leslie Marsh (University of British Columbia)
Towards a Rational Theory of Heuristics
Gerd Gigerenzer (Max Planck Institute for Human Development)
[View Abstract] [Download Preview]
Herbert Simon and Agent-Based Computational Economics
Shu-Heng Chen (National Chengchi University-Taipei)
[View Abstract] [Download Preview]
The Sciences of the Artificial and the Art of Creativity
Subrata Dasgupta (University of Louisiana-Lafayette)
[View Abstract]
Multiple Equilibria, Bounded Rationality, and the Indeterminacy of Economic Outcomes
Morris Altman (University of Newcastle)
[View Abstract]
Discussants:
Shabnam Mousavi (Johns Hopkins University)
Roger Frantz (San Diego State University)

Jan 04, 2016 10:15 am, Marriott Marquis, Juniper
Society for the Study of Emerging Markets
Can the Chinese Renminbi Rule?: If So, How and When? (G1, F3) (Panel Discussion)
Panel Moderator: Ali Kutan (Southern Illinois University Edwardsville)
Menzie D. Chinn (University of Wisconsin–Madison)
Eswar S. Prasad (Cornell University)
Shangjin Wei (Asian Development Bank and Columbia University)
Wing Thye Woo (University of California–Davis)

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra I
Society of Government Economists
It’s All about Technology (O3)
Presiding: Rachel Soloveichik (US Bureau of Economic Analysis)
What Medical Conditions Are Driving the Spending Slowdown? An Analysis Using the New Health Care Account from the Bureau of Economic Analysis
Abe Dunn (U.S. Bureau of Economic Analysis)
Lindsey Rittmueller (U.S. Bureau of Economic Analysis)
Bryn Whitmire (U.S. Bureau of Economic Analysis)
[View Abstract]
Aeronautical Patents and Aviation History from 1880-1916
Peter B. Meyer (U.S. Bureau of Labor Statistics)
Julio Raffo (U.N. World Intellectual Property Organization)
Intan Hamdan-Livramento (U.N. World Intellectual Property Organization)
[View Abstract] [Download Preview]
The Impact of Skilled Labor on Technology Adoption and Comparative Advantage
Serge Shikher (U.S. International Trade Commission)
[View Abstract]
Finance and Growth at the Firm-Level: Evidence from SBA Loans
John S. Earle (George Mason University, IZA, and Central European University)
J. David Brown (U.S. Census Bureau)
[View Abstract] [Download Preview]
Discussants:
Amitabh Chandra (Harvard University)
David Mowery (University of California-Berkeley)
Jon Samuels (U.S. Bureau of Economic Analysis)
Traci L. Mach (Federal Reserve Board)

Jan 04, 2016 10:15 am, Parc 55, Mason
Transportation & Public Utilities Group/American Economic Association
Economic and Political Governance in Public Utilities (L9)
Presiding: John W. Mayo (Georgetown University)
The Regulator Has No Clothes: A Test of the Structural Foundations of U.S. Regulatory Policy Toward the Mobile Services Industry
Glenn Woroch (University of California-Berkeley)
[View Abstract]
To Municipalize or to Privatize?: Water Company Governance Form and Service Quality
Thomas P. Lyon (University of Michigan)
Wren Montgomery (Queen's University)
Dan Zhao (University of Michigan)
[View Abstract] [Download Preview]
Assessing Residential Customer Satisfaction for Large Electric Utilities
Lea Kosnik (University of Missouri-St. Louis)
[View Abstract] [Download Preview] [Download PowerPoint]
Universal Service in a Wireless World
Olga Ukhaneva (Georgetown University)
[View Abstract] [Download Preview]
Discussants:
James Prieger (Pepperdine University)
Mark Jamison (University of Florida)
Scott Wallsten (Technology Policy Institute)
David Brown (University of Alberta)

Jan 04, 2016 10:15 am, Marriott Marquis, Nob Hill C & D
Union for Radical Political Economics/American Economic Association
Causes of the Great Recession and the Prospects for Recovery (E3)
Presiding: Fred Moseley (Mount Holyoke College)
Stagnation and Institutional Structures
David M. Kotz (University of Massachusetts-Amherst)
Deepankar Basu (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Recessions, Depressions, and the Rate of Profit
Robert McKee (Independent Scholar)
[View Abstract] [Download Preview]
Understanding the Great Recession: Keynesian and Post-Keynesian Insights
Mario Seccareccia (University of Ottawa)
Marc Lavoie (University of Ottawa)
[View Abstract]
Discussants:
Robert J. Gordon (Northwestern University)
Brad DeLong (University of California-Berkeley)
David Colander (Middlebury College)

Jan 04, 2016 10:15 am, Marriott Marquis, Sierra K
Union for Radical Political Economics/International Association for Feminist Economics
Gender and Educational Investment (I2)
Presiding: Linda Lucas (University of South Florida)
Empowered or Not? Exploring the Conundrum of Increasing Female Schooling and Stagnant Female Labor Market Participation in Japan, China and India
Sucharita Sinha Mukerjee (College of Saint Benedict and Saint John’s University)
[View Abstract] [Download Preview]
Housing Ownership, Bargaining Power and Educational Investment in Children
Jing Liu (Central University of Finance and Economics)
Liangshu Qi (Tsinghua University)
[View Abstract]
An Early Assessment of Extension of Compulsory School Attendance in Turkey: Evidence from a Natural Experiment
Bilge Erten (Northeastern University)
[View Abstract] [Download Preview]
The Pre-School Effects: Analyzing the Causal Effects of Pre-School Attendance on Income, Educational Attainment, and Mother's Labor Force Participation
Alyssa Schneebaum (Vienna University of Economics and Business)
[View Abstract]
Discussants:
Linda Lucas (University of South Florida)
Leanne Roncolato (Franklin and Marshall College)

Jan 04, 2016 12:30 pm, Hilton Union Square, Continental – Parlor 3
American Economic Association
European Economic Association Lecture
Presiding: Paola Giuliano (University of California-Los Angeles)
Helene Rey (London Business School) Monetary Policy with Large Financial Flows

Jan 04, 2016 12:30 pm, Hilton Union Square, Continental Ballroom 5 & 6
American Economic Association
Nobel Laureate Luncheon - Fee Event
Presiding: Robert Shiller (Yale University)
Roland Benabou (Princeton University)
Drew Fudenberg (Harvard University)
Bengt Holmstrom (Massachusetts Institute of Technology)
Eric Maskin (Harvard University)

Jan 04, 2016 12:30 pm, Parc 55, Cyril Magnin II & III
American Real Estate & Urban Economic Association
Presidential Luncheon - Fee Event
Presiding: Edward Coulson (University of Nevada-Las Vegas)
Stuart Rosenthal (Syracuse University)

Jan 04, 2016 12:30 pm, Hilton Union Square, Powell A & B
American Society of Hispanic Economists
Health and Hispanic Economic Outcomes (I1, J1)
Presiding: Alberto Dávila (University of Texas-Rio Grande Valley)
Ethnic Attrition, Assimilation, and the Measured Health Outcomes of Mexican Americans
Francisca Antman (University of Colorado-Boulder)
Brian Duncan (University of Colorado-Denver)
Steve Trejo (University of Texas-Austin)
[View Abstract] [Download Preview]
Determinants of Private Health Insurance Coverage Among Mexican American Men 2010-2013
Richard Santos (University of New Mexico)
Alok Bohara (University of New Mexico)
David N. van der Goes (University of New Mexico)
[View Abstract]
Converging to American: Healthy Immigrant Effect in Children of Immigrants
Monica Garcia-Perez (St. Cloud State University)
[View Abstract]
Ownership of a Checking Account and Health of Older Hispanics
Luisa R. Blanco (Pepperdine University and RAND)
Emma Aguila (University of Southern California)
Marco Angrisani (University of Southern California)
[View Abstract] [Download Preview]
Discussants:
Douglas Almond (Columbia University)
Alfonso Flores-Lagunes (Syracuse University)
Mark Lopez (Pew Research Center)
Ronald Oaxaca (University of Arizona)

Jan 04, 2016 12:30 pm, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Institutions and the Public Interest: Session in Honor of Harry M. Trebing (B5, L5)
Presiding: Robert Loube (RolkaLoube Associates)
Economics, Ethics, and The Long Arc of Public Utilities: A Paper in Honor of Professor Harry M. Trebing
Rodney Stevenson (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Broadband Policy: Industry Planning and the Public Interest
Robert Loube (RolkaLoube Associations)
[View Abstract] [Download Preview]
The Public Interest in Institutions and Institutional Analysis
William H. Melody (Aalborg University-Copenhagen)
[View Abstract]
Uber and the Persistence of Market Power
David Gabel (Queens College)
[View Abstract] [Download Preview]
Trouble in Market Paradise: Development of the Regional Transmission Operator
Kenneth Rose (Independent Consultant)
[View Abstract] [Download Preview]

Jan 04, 2016 12:30 pm, Marriott Marquis, Pacific B
Association for Social Economics
Institutions, Markets, and Ethics (G1, D6)
Presiding: Malcolm Sawyer (University of Leeds)
The Nature of Institutions: A Computational Perspective
Claudius Gräbner (University of Bremen)
Wolfram Elsner (University of Bremen)
[View Abstract] [Download Preview]
Restoring the Ethical Basis of the Opportunity Society in the Post-Subprime Era: Community Provisioning, the Logic of Reinvestment, and the Circular Economy
Gary Dymski (University of Leeds)
[View Abstract]
The Size and Effects of Underwater and Barely-Above-Water Mortgages
Robert H. Scott III (Monmouth University)
Steven Pressman (Monmouth University)
[View Abstract] [Download Preview]
The Case for “Economy Harm Profile” Analysis
George DeMartino (University of Denver)
[View Abstract] [Download Preview]

Jan 04, 2016 12:30 pm, Parc 55, Mason
Association of Indian Economic & Financial Studies
Trade, Finance and Macro Policy (E2, E2)
Presiding: Amitrajeet A. Batabyal (Rochester Institute of Technology)
Creative Capital Accumulation and the Advancement of India’s Creative Economy
Amitrajeet A. Batabyal (Rochester Institute of Technology)
Hamid Beladi (University of Texas-San Antonio)
[View Abstract] [Download Preview]
Housing Price Indices in India
Charan Singh (Indian Institute of Management-Bangalore)
[View Abstract] [Download Preview]
Does Keynesian Theory Explain Indian Government Bond Yields?
Tanweer Akram (Voya Investment Management)
Anupam Das (Mount Royal University)
[View Abstract] [Download Preview] [Download PowerPoint]
Corporate Debt Restructuring, Bank Competition and Stability: Evidence from India
Mostak Ahamed (Queen Mary University of London)
Sushanta Mallick (Queen Mary University of London)
[View Abstract]
Asean Plus Six and Successful FTAs: Can India Propel Intra-Industry Trade Flows?
Ram Upendra Das ( Research and Information System for Developing Countries (RIS))
Meenakshi Rishi (Seattle University)
Jay Dev Dubey ( Research and Information System for Developing Countries (RIS))
[View Abstract]
Effectiveness of Australian and New Zealand Aid for Trade: Implications for India and Other Developing Countries
Rukmani Gounder (Massey University)
[View Abstract] [Download Preview]
Discussants:
K. V. Ramaswamy (Indira Gandhi Institute of Development Research (IGIDR))
Rajeev Sooreea (Dominican University of California)
Kusum Mundra (Rutgers University)
Tanweer Akram (Voya Investment Management)
Chandana Chakraborty (Montclair State University)
Keshab Bhattarai (University of Hull Business School)

Jan 04, 2016 12:30 pm, Marriott Marquis, Sierra J
Chinese Economists Society
China's eCommerce Development (M1)
Presiding: Xiaobo Zhang (Peking University and International Food Policy Research Institute)
The Patterns and Drivers of eCommerce Development in China
Xiaobo Zhang (Peking University and International Food Policy Research Institute)
Wu Zhu (Peking University)
[View Abstract] [Download Preview]
More Trusting, Less Trust? An Investigation of Early eCommerce in China
Hongbin Cai (Peking University )
Ginger Zhe Jin (University of Maryland and NBER)
Chong Liu (Peking University)
Li-An Zhou (Peking University)
[View Abstract] [Download Preview]
E-commerce Expands the Bandwidth of Entrepreneurship
Ruochen Dai (Peking University)
Xiaobo Zhang (Peking University and International Food Policy Research Institute)
[View Abstract] [Download Preview]
Reputation Premium and Reputation Management: Evidence from the Largest eCommerce Platform in China
Ying Fan (University of Michigan)
Jiandong Ju (Tsinghua University and Shanghai University of Finance and Economics)
Mo Xiao (University of Arizona)
[View Abstract] [Download Preview]
Discussants:
Ying Fan (University of Michigan)
Ruochen Dai (Peking University)
Mo Xiao (University of Arizona)
Ginger Zhe Jin (University of Maryland and NBER)

Jan 04, 2016 12:30 pm, Hilton Union Square, Sutter A & B
Economic History Association
Social Mobility and Demography in China and Japan (N3)
Presiding: Noam Yuchtman (University of California-Berkeley)
Social Mobility in China, 1645-2012: A Surname Study
Gregory Clark (University of California-Davis)
[View Abstract]
The Engine and the Reaper: Industrialization and Mortality in Early Modern Japan
John Tang (Australian National University)
[View Abstract] [Download Preview]
Civil Service Exams and Social Mobility: Jinshiâ’s Exam Performances and Official Careers in Ming China (1368-1644)
Se Yan (Peking University)
[View Abstract]
Discussants:
Noam Yuchtman (University of California-Berkeley)
Chiaki Moriguchi (Hitotsubashi University)
Ruixue Jia (University of California-San Diego)

Jan 04, 2016 12:30 pm, Hilton Union Square, Union Square 23 & 24
Industrial Organization Society
New Empirical Findings in Platform Economics (L1, M1)
Presiding: Shane Greenstein (Harvard Business School)
Exit, Tweets, and Loyalty
Joshua Gans (University of Toronto)
Avi Goldfarb (University of Toronto)
Mara Lederman (University of Toronto)
[View Abstract] [Download Preview]
Cooperation in a Peer Production Economy: Experimental Evidence from Wikipedia
Jerome Hergueux (ETH Zurich )
Yann Algan (Sciences Po)
Benkler Yochai (Harvard University)
Mayo Fuster Morell (Autonomous University of Barcelona)
[View Abstract] [Download Preview]
The Empirical Economics of Online Attention
Andre Boik (University of California-Davis)
Shane Greenstein (Harvard Business School)
Jeffrey Prince (Indiana University)
[View Abstract] [Download Preview]
Competing with Complementors: An Empirical Look at Amazon.com
Feng Zhu (Harvard University)
Qihong Liu (University of Oklahoma)
[View Abstract]
Discussants:
Judith Chevalier (Yale University)
Marit Hinnosaar (Collegio Carlo Alberto)
Scott Savage (University of Colorado)
Steven Tadelis (University of California-Berkeley)

Jan 04, 2016 12:30 pm, Parc 55, Divisadero
International Association for Energy Economics
Economic Implications of New Energy Technologies (Q4)
Presiding: Anastasia Shcherbakova (University of Texas-Dallas)
An Evaluation of the Toxicity of Hydraulic Fracturing Injectants
Timothy Fitzgerald (Montana State University)
Charles F. Mason (University of Wyoming)
[View Abstract] [Download Preview]
Costs Assessments of European Environmental Policies
Simona Bigerna (University of Perugia)
Carlo Andrea Bollino (University of Perugia)
Silvia Micheli (Guglielmo Marconi University)
Paolo Polinori (University of Perugia)
[View Abstract]
Learning-Based Welfare Effects in Oil and Natural Gas Lease Negotiations
Andrew Kleit (Pennsylvania State University)
Anastasia Shcherbakova (University of Texas-Dallas)
[View Abstract]
Stochastic Technological Learning and Electricity Investments
Jennifer F. Morris (Massachusetts Institute of Technology)
Mort D. Webster (Pennsylvania State University)
John M. Reilly (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Matthew Oliver (Georgia Institute of Technology)
Sevil Acar (Istanbul Kemerburgaz University)
Martin Stuermer (Federal Reserve Bank of Dallas)
Nadejda Victor (Booz Allen Hamilton and National Energy Technology Laboratory)

Jan 04, 2016 12:30 pm, Marriott Marquis, Sierra B
International Association for Feminist Economics
Gendered Responses to Upheaval and Recession (F6)
Presiding: Joyce Jacobsen (Wesleyan University)
What are the Implications of Austerity Policy Chosen by the Government of Canada in the Midst of the Great Depression 2008-2009 for Women Workers in the Medium to Long-Run? Gender Analysis of the Socio-Economic Status of Canadian Women Workers and Policy Prescriptions for Select Case Studies
Ana Androsik (New School )
[View Abstract]
Gender, Class and the Crisis
Marcella Corsi (Sapienza University of Rome)
Carlo D’Ippoliti (Sapienza University of Rome)
[View Abstract] [Download Preview]
The Impact of the Financial Crisis on Gender Inequalities: Evidence from Europe
Esther Jeffers (University of Paris 8)
Carole Brunet (University of Paris 8)
[View Abstract] [Download Preview]
Gender, Socieconomic Status, Time-Use, and the Great Recession in the U.S.
Ebru Kongar (Dickinson College)
Mark Price (Keystone Research Center)
[View Abstract]
Discussants:
Joyce Jacobsen (Wesleyan University)
Olagoke Akintola (University of KwaZulu Natal)

Jan 04, 2016 12:30 pm, Marriott Marquis, Sierra H
International Banking, Economics and Finance Association
Mortgage Markets and the Macroeconomy (G2, E3)
Presiding: John V. Duca (Federal Reserve Bank of Dallas)
Helping the Middle-Class: How Interest Rates Affect the Distribution of Housing Wealth
Isaac Hacamo (Indiana University)
[View Abstract] [Download Preview]
An Agency Problem in the MBS Market and the Solicited Refinancing Channel of Large-Scale Asset Purchases
John P. Kandrac (Federal Reserve Board)
Bernd Schlusche (Federal Reserve Board)
[View Abstract] [Download Preview]
Holes in the Dike: The Global Savings Glut, U.S. House Prices, and the Long Shadow of Banking Deregulation
Matthias Hoffmann (University of Zurich)
Iryna Stewen (Johannes Gutenberg University Mainz)
[View Abstract] [Download Preview]
Episodes of Exuberance in Housing Markets: In Search of the Smoking Gun
Enrique Martinez-Garcia (Federal Reserve Bank of Dallas)
Efthymios Pavlidis (Lancaster University)
Alisa Yusupova (Lancaster University)
Ivan Paya (Lancaster University)
David Peel (Lancaster University)
[View Abstract] [Download Preview]
Discussants:
Wenlan Qian (National University of Singapore)
Scott Frame (Federal Reserve Bank of Atlanta)
Allen Berger (University of South Carolina)
Joshua Gallin (Federal Reserve Board)

Jan 04, 2016 12:30 pm, Marriott Marquis, Sierra C
International Network for Economic Method
Thought Experiments in Economics, Past and Present (B4, B2)
Presiding: John B. Davis (Marquette University)
Thought Experiments and the Nature of Economic Theory
Julian Reiss (Durham University)
[View Abstract] [Download Preview]
On Delimiting the Extent of Thought Experiments in Economics
Margaret Schabas (University of British Columbia)
[View Abstract] [Download Preview]
Armchair Theorizing in Economics: A Reassessment of Samuelson’s Consumption-Loan Model
Harro Maas (Centre Walras-Pareto)
[View Abstract] [Download Preview]
Imagination Rather Than Observation in Econometrics: The Case of Ragnar Frisch’s Hypothetical Experiments
Catherine Herfeld (Ludwig Maximilians University Munich)
[View Abstract]
Discussants:
John B. Davis (Marquette University)

Jan 04, 2016 12:30 pm, Marriott Marquis, Nob Hill C & D
International Trade & Finance Association
The Saga of Trans-Pacific Partnership Negotiations (F1, F5) (Panel Discussion)
Panel Moderator: Joseph Pelzman (George Washington University)
Alan V. Deardorff (University of Michigan)
Michael G. Plummer (Johns Hopkins University)
Sven Arndt (Claremont McKenna College)
Joseph Pelzman (George Washington University)
Robert E Scott (Economic Policy Institute)

Jan 04, 2016 12:30 pm, Hilton Union Square, Union Square 1 & 2
Korea-America Economic Association/American Economic Association
Advances in Behavioral Economics (C9, D9)
Presiding: Yeon-Koo Che (Columbia University)
When Fair Isn't Fair: Time-Inconsistency in Social Preferences
James Andreoni (University of California-San Diego)
Deniz Aydin (Stanford University)
Blake Barton (Stanford University)
Douglas Bernheim (Stanford University)
Jeffrey Naecker (Wesleyan University)
[View Abstract]
Dynamic Inconsistencies: A Revealed Preference Approach
Syngjoo Choi (Seoul National University)
Shachar Kariv (University of California-Berkeley)
Wieland Müller (University of Vienna)
Daniel Silverman (Arizona State University)
[View Abstract]
Asset Pricing with Experience Effects
Ulrike Malmendier (University of California-Berkeley)
Demian Pouzo (University of California-Berkeley)
Victoria Vanasco (Stanford University)
[View Abstract]
Endogenous Paternalism and Pseudo-Rationality
Itzik Fadlon (Harvard University)
David Laibson (Harvard University)
[View Abstract]
Discussants:
Daniel Silverman (Arizona State University)
James Andreoni (University of California-San Diego)
Lawrence Jin (California Institute of Technology)
Emir Kamenica (University of Chicago)

Jan 04, 2016 12:30 pm, Parc 55, Balboa
Labor & Employment Relations Association
Broken Promises or a Lifeline to the Future: Perspectives on the Multiemployer Pension Reform Act of 2014 (J5)
Presiding: Charles Jeszeck (United States Government Accountability Office)
The Long Road to Here: Recent Trends in the Multiemployer Plan System
Eli Greenblum (Segal Consulting)
[View Abstract]
Grabbing the Lifeline: A Look at How Plans Have Responded to the New Tools under the MPRA
Randy DeFrehn (National Coordinating Committee on Multiemployer Plans)
[View Abstract]
Reducing Earned Retirement Benefits: A Grim Precedent with Ominous Implications
Norman Stein (Drexel University)
[View Abstract]
The Fraying Safety Net: PBGC’s Endangered Insurance Program
Michael Hartnett (United States Government Accountability Office)
Sharon Hermes (United States Government Accountability Office)
[View Abstract]
Discussants:
Teresa Ghilarducci (New School)
Heather Grob (Saint Martin's University)

Jan 04, 2016 12:30 pm, Parc 55, Davidson
Labor & Employment Relations Association
Mass Incarceration of African Americans and Its Economic Consequences (J7)
Presiding: Jeannette Wicks-Lim (University of Massachusetts-Amherst)
Racial Disparities and the Criminal Justice System: What Have We Learned?
Samuel Myers (University of Minnesota)
[View Abstract] [Download Preview] [Download PowerPoint]
Civil Rights Legislation and Legalized Exclusion: Mass Incarceration and the Masking of Inequality
Becky Pettit (University of Texas-Austin)
[View Abstract]
The Effect of Incarceration on Health Over the Life Course
Robynn Cox (Spelman College)
[View Abstract]
Old-Age Security? Private Pensions, Social Security and Ex-Offenders
Ngina Chiteji (New York University)
[View Abstract]
Discussants:
William A. Darity, Jr. (Duke University)
Patrick Mason (Florida State University)

Jan 04, 2016 12:30 pm, Hilton Union Square, Plaza A
Middle East Economic Association/American Economic Association
Violent Conflicts and Economic Development in the Middle East: Is there a Way Out? (J6) (Panel Discussion)
Panel Moderator: Hassan Aly (Doha Institute for Graduate Studies and Ohio State University)
Hadi Salehi Esfahani (University of Illinois) Social Order, Violence, and Socio Economic Change in the Middle East
Ibrahim El Badawi (Dubai Economic Council) The Arab Spring: Much Violence, Little Democracy
Tarek Massoud (Harvard University) Overall Distinguishing Factors Contributing to the Violent Conflict in the Middle East

Jan 04, 2016 12:30 pm, Hilton Union Square, Continental – Parlor 2
National Association of Economic Educators
Improving the Learning in Economics Courses (A2)
Presiding: Carlos J. Asarta (University of Delaware)
Art of Econ: A Guide to Differentiated Assessment of Students' Learning in Principles Level Couses
Abdullah Al-Bahrani (Northern Kentucky University)
Kim Holder (University of West Georgia)
Darshak Patel (University of Kentucky)
Jadrian Wooten (Pennsylvania State University)
[View Abstract]
The Effect of Financial Incentives on Instructional Resource Allocation: A Framed Field Experiment
Austin S. Jennings (University of Delaware)
[View Abstract] [Download Preview] [Download PowerPoint]
The Economic Impact of Prior Exam Performance on Current Effort Investment Decisions
Tin-Chun Lin (Indiana University North West)
[View Abstract] [Download Preview]
Are You More Economic Than A First Grader?: A Mixed Methods Approach In A Common Pool Resource Experiment
Amanda Brooke Jennings (University of Delaware)
[View Abstract] [Download Preview] [Download PowerPoint]
The Invisible Paw: Teaching Economics Using The Berenstain Bears
Erin A. Yetter (Federal Reserve Bank of St. Louis)
[View Abstract]
Discussants:
Amanda Brooke Jennings (University of Delaware)
Kim Holder (University of West Georgia)
Austin S. Jennings (University of Delaware)
Erin A. Yetter (Federal Reserve Bank of St. Louis)
Helen H. Roberts (University of Illinois-Chicago)

Jan 04, 2016 12:30 pm, Hilton Union Square, Yosemite A
Society of Policy Modeling
Growth Prospects for Developing Countries (F4, F4)
Presiding: Fred Campano (Fordham University)
Finance and Shared Prosperity: On How Finance Affects the Growth and Stability of Income of the Bottom Forty
David Gould (World Bank)
[View Abstract] [Download Preview]
Export Quality in Advanced and Developing Economies: Evidence from a New Data Set.
Christian Henn (International Monetary Fund)
Chris Papageorgiu (International Monetary Fund)
Nikola Spatafora (International Monetary Fund)
[View Abstract]
Trade Slowdown and Economic Growth
Michele Ruta (World Bank)
[View Abstract]
Capturing the Effects of Changing Capital-Intensity on Long-Term Growth in Developing Countries
Fred Campano (Fordham University)
Dominick Salvatore (Fordham University)
[View Abstract]
Discussants:
Dominick Salvatore (Fordham University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra C
Agricultural & Applied Economics Association
Frontiers in the Economics of Food Labeling (Q1)
Presiding: Xiaoyong Zheng (North Carolina State University)
Can Voluntary Nutrition Labeling Lead to a Healthier Food Market?
Xiaoou Liu (Renmin University of China)
Chen Zhu (China Agricultural University)
Rigoberto A. Lopez (University of Connecticut)
[View Abstract] [Download Preview]
Measuring the Informational Value of Interpretive Shelf Nutrition Labels to Shoppers
Chen Zhen (University of Georgia)
Xiaoyong Zheng (North Carolina State University)
[View Abstract] [Download Preview]
The Impact of Nutritional Supplement Choices on Diet Behavior and Obesity Outcomes
Sven Anders (University of Alberta)
Christiane Schroeter (California Polytechnic State University-San Luis Obispo)
[View Abstract] [Download Preview]
Socially Responsible Products: What Motivates Consumers to Pay a Premium?
Leslie J. Verteramo Chiu (Cornell University)
Miguel Gómez (Cornell University)
Jura Liaukonyte (Cornell University)
Harry M. Kaiser (Cornell University)
Jubo Yan (Cornell University)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Yosemite C
American Economic Association
AEA Committee on Economic Education Poster Session (A2) (Poster Session)
Presiding: Steven Cobb (University of North Texas)
Developing Large-Scale Interactive Online Gateway Courses for Undergraduate Economics
Dmitriy V. Chulkov (Indiana University-Kokomo)
Surekha Rao (Indiana University-Northwest)
[Download Preview]
The Use of a Collective Bargaining Simulation and its Impact on Student Perceptions and Critical Thinking Skills
Rod D. Raehsler (Clarion University)
Using Musical Theatre Songs to Teach Economics
Matthew C. Rousu (Susquehanna University)
The Greatest Hits of Rock-o-nomix: Discovering Pop Econ for your Classroom
Kim Holder (University of West Georgia)
Team-Building Experiment in Application of Economic Concepts in the Series of On-Line Discussions Imitating Real-Life Simulations, as Compared with WIKI Team Projects
Sylwia E. Starnawska (State University of New York-Empire State College)
[Download Preview]
Experiments with an Open Source E-Homework and Exam System
Richard G. Anderson (Lindenwood University)
Areerat Kichkha (Lindenwood University)
[Download Preview]
The Big Bang Game Theory
Simon Medcalfe (Georgia Regents University)
Using Screen Recording Technology to Teach Economics Courses and Conduct Research
Jennjou Chen (National Chengchi University)
Tsui-Fang Lin (National Taipei University)
Integration of Undergraduate Research in UW-S Economics General Education Courses
Zamira S. Simkins (University of Wisconsin-Superior)
Rubana Mahjabeen (University of Wisconsin-Superior)
Sakib Mahmud (University of Wisconsin-Superior)
Instagraph: Using Instagram in Economics Courses
Kristen L. Zaborski (State College of Florida-Venice)
Creating, Using, and Sharing Dynamic Graphs
Aaron Swoboda (Carleton College)
Cost-Benefit Analysis for Incorporating Community Partners Into Economics Education (Convincing Them to Help Teach your Students)
William Alan Bartley (Transylvania University)
[Download Preview]
Use of Survey Research Methods in Undergraduate Economics Classes
Veronika Dolar (Long Island University)
In-Depth Learning in Principles of Microeconomics and Elementary Statistics: Independent Courses versus Learning Communities
Robin Lovgren (Belmont University)
Kara D. Smith (Belmont University)
Defining Sustainable Consumption-An Applied Activity
Madhavi Venkatesan (Bridgewater State University)
The Ultimate Field Trip: Using a Country as Your Economics Classroom
Howard H. Cochran (Belmont University)
Marieta V. Velikova (Belmont University)
Bradley D. Childs (Belmont University)
[Download Preview]
The Challenges of Teaching “Health Economics” (to Students Who Have Only Had Introductory Microeconomics)
Ranganath Murthy (Western New England University)
Utilizing Behavioral Economics in the Economics of Health
Hangameh Hosseini (Pennsylvania State University)
Investigating Store Financing
Kathryn Birkeland (University of South Dakota)
Importing STEM Evidence-Based Teaching Methods into a Large Macro Principles Course
William L. Goffe (Pennsylvania State University)
[Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Franciscan D
American Economic Association
Alternative Views of the Business Cycle: Quantitative Analyses (E3)
Presiding: Vincent Sterk (University College London)
Coordinating Business Cycles
Edouard Schaal (New York University)
Mathieu Taschereau-Dumouchel (University of Pennsylvania )
[View Abstract] [Download Preview]
Reviving the Limit Cycle View of Macroeconomic Fluctuations
Franck Portier (Toulouse School of Economics)
Paul Beaudry (University of British Columbia)
Dana Galizia (University of British Columbia)
[View Abstract] [Download Preview]
Self-Fulfilling Credit Cycles
Leo Kaas (University of Konstanz)
Costas Azariadis (University of Washington-St. Louis)
Yi Wen (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
The Dark Corners of the Labor Market
Vincent Sterk (University College London)
[View Abstract] [Download Preview]
Discussants:
Alp Simsek (Massachusetts Institute of Technology)
Ryan Chahrour (Boston College)
Jianjun Miao (Boston University)
Regis Barnichon (CREI and Universitat Pompeu Fabra)

Jan 04, 2016 2:30 pm, Hilton Union Square, Plaza A
American Economic Association
Attitudes, Markets and Oligarchs in Russia (O5)
Presiding: Avner Greif (Stanford University)
Attitudes towards Markets and Democracy: Russia and United States Compared 25 Years Later
Maxim Boycko (Brown University and Harvard University)
Robert J. Shiller (Yale University)
[View Abstract] [Download Preview]
War, Inflation, and Social Capital
Sergei  Guriev (Sciences Po)
Nikita Melnikov (New Economic School)
[View Abstract] [Download Preview]
Russia’s Oligarchs
Daniel Treisman (University of California-Los Angeles)
[View Abstract] [Download Preview]
Discussants:
Luigi Zingales (University of Chicago)
James L. Gibson (Washington University-St. Louis)
M. Steven Fish (University of California-Berkeley)

Jan 04, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 3
American Economic Association
Behavioral Finance (G1)
Presiding: Brigitte Madrian (Harvard University )
Unleashing Animal Spirits - Self-Control and Overpricing in Experimental Asset Markets
David Schindler (University of Munich)
Martin Georg Kocher (University of Munich)
Konstantin Lucks (University of Munich)
[View Abstract] [Download Preview]
Hedge Fund Flows and Performance Streaks: How Investors Weigh Information
Guillermo Baquero (European School of Management and Technology)
Marno Verbeek (Erasmus University)
[View Abstract] [Download Preview]
Household Wealth and Portfolio Choice when Tail Events are Salient
Ali Lazrak (University of British Columbia)
Murray D. Carlson (University of British Columbia)
[View Abstract] [Download Preview]
Examining the Effect of Social Distance on Financial Decision-Making
Hal Hershfield (University of California-Los Angeles)
Lisa Kramer (University of Toronto)
[View Abstract]
Decision-Making under the Gambler’s Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires
Daniel Chen (Toulouse Institute for Advanced Studies)
Tobias Moskowitz (University of Chicago)
Kelly Shue (University of Chicago)
[View Abstract] [Download Preview]
Can Individual Investors Time Bubbles?
Jussi Keppo (National University of Singapore)
Tyler Shumway (University of Michigan)
Daniel Weagley (Georgia Institute of Technology)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Competition, Hospitals' Negotiated Prices, and Health Care Spending (I1, L1)
Presiding: Zack Cooper (Yale University)
Why is Health Care Spending on the Privately Insured in Grand Junction, Colorado so High?
Zack Cooper (Yale University)
Martin Gaynor (Carnegie Mellon University)
Stuart Craig (Yale University)
John Van Reenen (London School of Economics)
[View Abstract] [Download Preview]
Insurer Competition in Health Care Markets
Kate Ho (Columbia University)
Robin S. Lee (Harvard University)
[View Abstract] [Download Preview]
How Does Competition Impact the Quality of Health Care? A Case Study of the U.S. Dialysis Industry
David Cutler (Harvard University)
Leemore Dafny (Northwestern University)
Chris Ody (Northwestern University)
[View Abstract] [Download Preview]
What Does a Deductible Do? The Impact of Cost-Sharing on Health Care Prices, Quantities, and Spending Dynamics
Zarek Brot-Goldberg (University of California-Berkeley)
Amitabh Chandra (Harvard University)
Benjamin Handel (University of California-Berkeley)
Jonathan Kolstad (University of Pennsylvania)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Continental Ballroom 4
American Economic Association
Digitization and Innovation (D2, L8)
Presiding: Shane Greenstein (Northwestern University)
Data in Action: Data-Driven Decision-Making in U.S. Manufacturing
Erik Brynjolfsson (Massachusetts Institute of Technology)
Kristina McElheran (University of Toronto)
[View Abstract] [Download Preview]
Copyright Enforcement in Stock Photography
Hong Luo (Harvard University)
Julie Mortimer (Boston College)
[View Abstract] [Download Preview]
Agglomeration of invention in the Bay Area: Not just ICT
Chris Forman (Georgia Institute of Technology)
Avi Goldfarb (University of Toronto)
Shane Greenstein (Northwestern University)
[View Abstract] [Download Preview]
Discussants:
Kathryn Shaw (Stanford University)
Megan MacGarvie (Boston University)
Maryann Feldman (University of North Carolina)

Jan 04, 2016 2:30 pm, Hilton Union Square, Golden Gate 5
American Economic Association
Environmental Controls and Effects (Q5)
Presiding: Rebecca Judge (St Olaf College)
When do Firms Go Green? Comparing Price Incentives with Command and Control Regulations in India
Ann Harrison (University of Pennsylvania)
Ben Hyman (University of Pennsylvania)
Leslie A. Martin (University of Melbourne)
Shanthi Nataraj (RAND Corporation)
[View Abstract] [Download Preview]
When Power Plants Leave Town: Environmental Quality and the Housing Market in China
Guoying Deng (Sichuan University)
Manuel Alejandro Hernandez (IFPRI)
Shu Xu (Southwestern University of Finance and Economics)
[View Abstract]
Impact Assessment of Habitat Restoration Policies: Empirical Evidence the River Restoration Policy in Switzerland
Michele Baggio (University of Connecticut)
Charles Towe (University of Connecticut)
[View Abstract]
Conservation Versus Competition? Environmental Objectives in Government Contracting
Evan Herrnstadt (Harvard University)
[View Abstract] [Download Preview]
Electricity Market Failure under High Renewable Generation
Joao Pereira (Universidade Nova de Lisboa)
Vasco Pesquita (Universidade Nova de Lisboa)
[View Abstract]

Jan 04, 2016 2:30 pm, Hilton Union Square, Imperial A
American Economic Association
Estate Taxation and the Intergenerational Transmission of Wealth (H2, J1)
Presiding: James Poterba (Massachusetts Institute of Technology and NBER)
Comparing Capitalized Income Estimates to Estate Multiplier Estimates for Wealth Inequality
Emmanuel Saez (University of California-Berkeley)
Gabriel Zucman (London School of Economics)
[View Abstract]
The Role of Bequest in Shaping Wealth Inequality: Evidence from Danish Wealth Records
simon Halphen Boserup (University of Copenhagen)
Claus Thustrup Kreiner (University of Copenhagen)
Wojciech Kopczuk (Columbia University)
[View Abstract] [Download Preview]
Choosing Between the Estate Tax and Basis Carryover Regimes: Evidence from Taxpayer Behavior in 2010
Robert N. Gordon (Twenty-First Securities)
David Joulfaian (U.S. Department of the Treasury)
James Poterba (Massachusetts Institute of Technology and NBER)
[View Abstract] [Download Preview]
Discussants:
Danny Yagan (University of California-Berkeley)
Kathleen McGarry (University of California-Los Angeles)
Jon M. Bakija (Williams College)

Jan 04, 2016 2:30 pm, Hilton Union Square, Franciscan C
American Economic Association
Experimental Gender Economics (C9, D8)
Presiding: Muriel Niederle (Stanford University)
Affirmative Action and Stereotype Threat
Anat Bracha (Federal Reserve Bank of Boston)
Alma Cohen (Harvard University)
Lynn Conell-Price (Carnegie Mellon University)
[View Abstract]
Risk in the Background: How Men and Women Respond
Alexandra van Geen (Erasmus University)
[View Abstract]
After You: Gender and Group Decision-Making
Pedro Bordalo (Royal Holloway)
Katherine Coffman (Ohio State University)
Nicola Gennaioli (Bocconi University)
Andrei Shleifer (Harvard University)
[View Abstract]
Bursting the Bubble: Gender Differences in Financial Bubbles with Anonymous Traders
Catherine Eckel (Texas A&M University)
Sascha Füllbrunn (Radboud University)
[View Abstract]
Discussants:
Johanna Mollerstrom (George Mason University)
Maria Recalde (International Food Policy Research Institute)
Anya Samek (University of Southern Califiornia)
Olga Shurchkov (Wellesley College)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 22
American Economic Association
Experimental Impacts of Vocational Education in Low and Middle Income Countries (J1, O1)
Presiding: Adriana Debora Kugler (Georgetown University)
The Demand for, and Impact of, Youth Internships: Evidence from a Randomized Experiment in Yemen
David McKenzie (World Bank)
Ana Paula Cusolito (World Bank)
Nabila Assaf (World Bank)
[View Abstract] [Download Preview]
Long-Term Direct and Spillover Effects of Job Training: Experimental Evidence from Colombia
Adriana Debora Kugler (Georgetown University, NBER, CEPR, and IZA)
Maurice David Kugler (IMPAQ)
Juan Saavedra (University of Southern California)
Luis Omar Herrera (Inter-American Development Bank)
[View Abstract]
Vocational Education Voucher Delivery and Labor Market Returns: A Randomized Evaluation Among Kenyan Youth
Joan Hammory Hicks (Center for Effective Global Action)
Michael Kremer (Harvard University)
Isaac Mbiti (University of Virginia)
Edward Miguel (University of California-Berkeley)
[View Abstract]
Returns to Vocational Education in Mongolia
Erica Field (Duke University)
Leigh Linden (University of Texas-Austin)
Daniel Rubenson (Ryerson University)
Shing-Yi Wang (University of Pennsylvania)
[View Abstract]
Discussants:
Ofer Malamud (University of Chicago)
Erica Field (Duke University)
Rebecca Thornton (University of Illinois-Urbana-Champaign)
Ahmed Mushfiq Mobarak (Yale University)

Jan 04, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 2
American Economic Association
Information, Expectations, and Education Choices II (D8, I2)
Presiding: Basit Zafar (Federal Reserve Bank of New York)
Peer Networks and College Choice: Evidence from New Administrative Data
Eleanor W. Dillon (Arizona State University)
Nathaniel Hilger (Brown University)
[View Abstract]
Occupational Choice under Credit and Information Constraints
Adam Osman (University of Illinois-Urbana Champaign)
[View Abstract]
Intended College Attendance: Evidence from an Experiment on College Returns and Costs
Zachary Bleemer (Federal Reserve Bank of New York)
Basit Zafar (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
The Dynamic Complementarity of Information: Human Capital Investment over the Life Cycle
Christopher A. Neilson (Princeton University)
Francisco Gallego (Universidad Catolica de Chile)
Oswaldo Molina (Universidad del Pacifico)
[View Abstract]
Discussants:
Arnaud Maurel (Duke University)
Nathaniel Hilger (Brown University)
Francisco Gallego (Universidad Catolica de Chile)
Matthew Wiswall (Arizona State University)

Jan 04, 2016 2:30 pm, Hilton Union Square, Yosemite A
American Economic Association
New Evidence on Lifecycle Models of Retirement Saving (D1, D9)
Presiding: Olivia S. Mitchell (University of Pennsylvania)
Save More Later? The Effect of the Option to Choose Delayed Savings Rate Increases on Retirement Wealth
John Beshears (Harvard University)
Hengchen Dai (Washington University-St. Louis)
Katherine L. Milkman (University of Pennsylvania)
Shlomo Benartzi (University of California-Los Angeles)
[View Abstract]
The Role of Time Preferences and Exponential-Growth Bias in Retirement Savings
Gopi Shah Goda (Stanford University)
Matthew R. Levy (London School of Economics)
Colleen Manchester (University of Minnesota)
Aaron Sojourner (University of Minnesota)
Joshua Tasoff (Claremont Graduate University)
[View Abstract] [Download Preview]
Evaluating the Impact of Workplace Financial Education Using a Life Cycle Model
Annamaria Lusardi (George Washington University)
Pierre-Carl Michaud (ESG Université du Québec à Montréal)
Olivia S. Mitchell (University of Pennsylvania)
[View Abstract] [Download Preview]
Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection
Vanya Horneff (Goethe University)
Raimond Maurer (Goethe University)
Olivia S. Mitchell (University of Pennsylvania)
Ralph Rogalla (Goethe University)
[View Abstract] [Download Preview]
Discussants:
Alessandro Previtero (University of Texas-Austin)
David Laibson (Harvard University)
Robert Clark (North Carolina State University)
Jeffrey R. Brown (University of Illinois-Urbana-Champaign)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 13
American Economic Association
New Theory and Evidence on the Dynamics of Multinational Corporations (F1, F6)
Presiding: Stefania Garetto (Boston University)
The Dynamics of Multinational Activity: Evidence from the U.S.
Stefania Garetto (Boston University)
Lindsay Oldenski (Georgetown University)
Natalia Ramondo (University of California-San Diego)
[View Abstract] [Download Preview]
Multinational Firms and Exporters Dynamics
Anna Gumpert (University of Munich)
Andreas Moxnes (University of Oslo)
Natalia Ramondo (University of California-San Diego)
Felix Tintelnot (University of Chicago)
[View Abstract] [Download Preview]
The Impact of Innovation in the Multinational Firm
Kamran Bilir (University of Wisconsin-Madison)
Eduardo Morales (Princeton University)
[View Abstract]
Multinationals, Offshoring and the Decline in U.S. Manufacturing
Christoph Boehm (University of Michigan)
Aaron Flaaen (Federal Reserve Board)
Nitya Pandalai-Nayar (University of Michigan)
[View Abstract] [Download Preview]
Discussants:
Stephen Yeaple (Pennsylvania State University)
Javier Cravino (University of Michigan)
Andres Rodriguez-Clare (University of California-Berkeley)
Kei-Mu Yi (Federal Reserve Bank of Minneapolis)

Jan 04, 2016 2:30 pm, Hilton Union Square, Golden Gate 8
American Economic Association
Occupations of the Past and Future (J1)
Presiding: Peter McHenry (College of William and Mary)
Green Skills
Francesco Vona (OFCE SciencesPo and SKEMA Business School)
Giovanni Marin (IRCrES-CNR, Italy and OFCE-SciencesPo)
Davide Consoli (Ingenio CSIC-UPV)
David C. Popp (Syracuse University and NBER)
[View Abstract] [Download Preview]
Is Occupational Licensing a Barrier to Interstate Migration?
Janna E. Johnson (University of Minnesota)
Morris Kleiner (University of Minnesota)
[View Abstract]
The Long Run Effects of Labor Migration on Human Capital Formation in Communities of Origin
Taryn Dinkelman (Dartmouth College)
Martine Mariotti (Australian National University)
[View Abstract] [Download Preview]
Learning New Technology: The Polarization of the Wage Distribution
Benedetto Molinari (University Pablo Olavide)
Manuel Alejandro Hidalgo (University Pablo Olavide)
[View Abstract]
The Labor Market Effects of Occupational Regulation: Evidence from the Nurse Licensure Compact
Kevin Stange (University of Michigan)
Christina DePasquale (Emory University)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Continental – Parlor 1
American Economic Association
Public Economics: Education (H8, I2)
Presiding: Terra G. McKinnish (University of Colorado-Boulder)
The Impact of Authorization on the Schooling and Labor Market Outcomes of Undocumented Immigrants: Evidence from the Deferred Action for Childhood Arrivals Program
Francisca Antman (University of Colorado-Boulder)
Catalina Amuedo-Dorantes (San Diego State University)
[View Abstract] [Download Preview]
Cities Drifting Apart: Heterogeneous Outcomes of Decentralizing Public Education
Zelda Brutti (European University Institute)
[View Abstract] [Download Preview]
Information Matters: Salient Student Loan Information Affects College Students’ Behavior
Carly Urban (Montana State University)
Maximilian Schmeiser (Federal Reserve Board)
Christiana Stoddard (Montana State University)
[View Abstract] [Download Preview]
STEM Training and Early Career Outcomes of Female and Male Graduate Students: Evidence from UMETRICS Data linked to the 2010 Census
Catherine Buffington (U.S. Census Bureau)
Benjamin Cerf Harris (U.S. Census Bureau)
Christina Jones (American Institutes for Research)
Bruce A. Weinberg (Ohio State University, IZA, and NBER)
[View Abstract]
Discussants:
Kelly Bedard (University of California-Santa Barbara)
Caroline Hoxby (Stanford University)
Sarah Turner (University of Virginia)
Paula Stephan (Georgia State University)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 21
American Economic Association
Public Finance and Intergovernmental Relations (H7, H2)
Presiding: David R. Agrawal (University of Kentucky)
Cross-Border Shopping and Use Tax Evasion: Theory and Evidence
David R. Agrawal (University of Kentucky)
Mohammed Mardan (ETH Zurich)
[View Abstract] [Download Preview]
Heterogeneous Vertical Tax Externalities, Capital Mobility, and the Fiscal Advantage of Natural Resources
Fidel Perez-Sebastian (University of Alicante)
Ohad Raveh (Hebrew University of Jerusalem)
Yaniv Reingewertz (University of Haifa)
[View Abstract] [Download Preview]
Political Alignment and Intergovernmental Transfers in Parliamentary Systems: Evidence from Germany
Thushyanthan Baskaran (University of Siegen)
Zohal Hessami (University of Konstanz)
[View Abstract] [Download Preview]
Identifying The Vertical Tax Externality: Evidence from Narrative Federal Tax Shocks
Yaniv Reingewertz (University of Haifa)
[View Abstract] [Download Preview]
Public Employees as Politicians: Evidence from Close Elections
Ari Hyytinen (University of Jyväskylä)
Jaakko Meriläinen (Stockholm University)
Tuukka Saarimaa (VATT Institute for Economic Research)
Otto Toivanen (KU Leuven)
Janne Tukiainen (VATT Institute for Economic Research)
[View Abstract] [Download Preview]
Discussants:
Yaniv Reingewertz (University of Haifa)
Thushyanthan Baskaran (University of Goettingen)
Ohad Raveh (Hebrew University of Jerusalem)
David R. Agrawal (University of Kentucky)
Janne Tukiainen (VATT Institute for Economic Research)

Jan 04, 2016 2:30 pm, Hilton Union Square, Plaza B
American Economic Association
Quantitative Modeling of the Financial Crisis (E3, E4)
Presiding: Mark Gertler (New York University)
Two Responses to the Financial Crisis: Germany Versus the United States
Patrick J. Kehoe (University of Minnesota)
Virgiliu Midrigan (New York University)
Elena Pastorino (University of Minnesota)
[View Abstract]
A Simple Model of Subprime Borrowers and Credit Growth
Alejandro Justinano (Federal Reserve Bank-Chicago)
Giorgio Primiceri (Northwestem University)
Andrea Tambalotti (Federal Reserve Bank-New York)
[View Abstract]
Anticipated Banking Crises
Mark Gertler (New York University)
Nobu Kiyotaki (Princeton University)
Andrea Prestipino (Federal Reserve Board)
[View Abstract] [Download Preview]
Bank Leverage over the Business Cycle
Lawrence Christiano (Northwestern University)
Daisuke Ikeda (Bank of Japan)
[View Abstract]
Discussants:
Ali Shourideh (University of Pennsylvania)
Simon Gilchrist (Boston University)
Pablo Kurlat (Stanford University)
Juliane Begenau (Harvard Business School)

Jan 04, 2016 2:30 pm, Hilton Union Square, Imperial B
American Economic Association
Social Signaling (D8, Z1)
Presiding: John List (University of Chicago)
Estimating Social Preferences and Gift Exchange at Work
Gautam Rao (Harvard University)
Stefano DellaVigna (University of California-Berkeley)
John List (University of Chicago)
Ulrike Malmendier (University of California-Berkeley)
[View Abstract]
Partisan Interactions: Evidence from a Field Experiment in the United States
Ricardo Perez-Truglia (Microsoft Research)
Guillermo Cruces (National University of La Plata)
[View Abstract] [Download Preview]
Changing Societal Norms and Optimal Privacy
Nageeb Ali (Pennsylvania State University )
Roland Benabou (Princeton University)
[View Abstract] [Download Preview]
Social Image and Status Goods: Experimental Evidence from Platinum Credit Cards in Indonesia
Leonardo Bursztyn (University of California-Los Angeles)
Bruno Ferman (Sao Paulo School of Economics)
Stefano Fiorin (University of California-Los Angeles)
Martin Kanz (World Bank)
Gautam Rao (Harvard University)
Discussants:
Markus Mobius (Microsoft Research and University of Michigan)
Stefano DellaVigna (University of California-Berkeley)
James Andreoni (University of California-San Diego)
Justin M. Rao (Microsoft Research)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 14
American Economic Association
Sovereign Debt Contracts (F3)
Presiding: Chris Meissner (University of California-Davis)
Collective Action Clauses in International Sovereign Bond Contracts and Their Effect on Spreads at Issuance
Catalin Stefanescu (Indiana University)
[View Abstract] [Download Preview]
Multilateral Loans and Interest Rates – further Evidence on the Seniority Conundrum
Sven Steinkamp (Osnabrueck University)
Frank Westermann (Osnabrueck University and CESifo)
Katharina Mersmann (Osnabrueck University)
[View Abstract]
Sovereign Debt Renegotiation and Credit Default Swaps
Juliana Salomao (University of Minnesota)
[View Abstract]
Sovereign Default and Public Debt Sustainability
Hubert Kempf (Ecole Normale Superieure)
Michel Guillard (University of Evry)
[View Abstract] [Download Preview]
Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?
Philippe Bacchetta (University of Lausanne)
Elena Perazzi (University of Lausanne)
Eric van Wincoop (University of Virginia)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 17 & 18
American Economic Association
The Evolution of Earnings Inequality, Property Laws and Educational Attainment on Marital Behavior (J1)
Presiding: Aloysius Siow (University of Toronto)
The Evolution of Earnings Inequality, Educational Attainment on United States Marital Behavior, 1970-2010
Kirsten Cornelson (University of Toronto)
Aloysius Siow (University of Toronto)
[View Abstract] [Download Preview]
Why Wait? A Century of Education, Marriage Timing and Gender Roles
Murat Iyigun (University of Colorado)
Jeanne Lafortune (Catholic University of Chile)
[View Abstract] [Download Preview]
Marrying for Money: Evidence from the First Wage of Married Women's Property Laws in the U.S.
Peter Koudijs (Stanford University)
Laura Salisbury (York University)
[View Abstract] [Download Preview]
An Empirical Framework for Matching with Imperfectly Transferable Utility
Alfred Galichon (Sciences Po Paris)
Scott Duke Kominers (Harvard University)
Simon Weber (Sciences Po)
[View Abstract]
Discussants:
Jeanne Lafortune (Catholic University of Chile)
Aloysius Siow (University of Toronto)
Kirsten Cornelson (University of Toronto)
Murat Iyigun (University of Colorado)

Jan 04, 2016 2:30 pm, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Wealth Taxation (E1, H1)
Presiding: Burhan Kuruscu (University of Toronto)
Use It or Lose It: Efficiency Gains from Wealth Taxation
Fatih Guvenen (University of Minnesota)
Gueorgui Kambourov (University of Toronto)
Burhan Kuruscu (University of Toronto)
Daphne Chen (Florida State University)
[View Abstract]
Bequest Taxation and r-g
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
[View Abstract]
Wealth Inequality, Family Background, and Estate Taxation
Mariacristina De Nardi (Federal Reserve Bank of Chicago)
Fang Yang (Louisiana State University)
[View Abstract] [Download Preview]
Optimal Taxation and R&D Policies
Ufuk Akcigit (University of Chicago)
Douglas Hanley (University of Pittsburgh)
Stefanie Stantcheva (Harvard University)
[View Abstract]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 25
American Economic Association
What Caused the Decline in Labor Market Mobility? (J2, E2)
Presiding: Ben Zipperer (Washington Center for Equitable Growth)
Do Noncompetes Chill Employee Mobility?
Evan Starr (University of Maryland)
[View Abstract] [Download Preview]
Is Regulation to Blame for the Decline of American Entrepreneurship?
Alex Tabarrok (George Mason University)
Nathan Goldschlag (George Mason University)
[View Abstract] [Download Preview]
Labor Market Mobility and Endogenous Search-on-the-Job
Marshall Steinbaum (Washington Center for Equitable Growth)
[View Abstract]

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salon 8
American Finance Association
AFA LECTURE - Neuroscience and Finance (G1)
Presiding: Campbell Harvey (Duke University)
Neuroscience and Finance
Colin F. Camerer (California Institute of Technology)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Euro-Area Bank Liquidity (Co-Sponsored by the U.S. Office of Financial Research and European Central Bank) (G2)
Presiding: Luc Laeven (European Central Bank)
Cross-Border Liquidity, Price Dispersion and Monetary Policy: Evidence from the Euro Area Interbank Crisis
Puriya Abbassi (Deutsche Bundesbank)
Falk Brauning (Vrije University Amsterdam)
Falko Fecht (Frankfurt School of Finance)
Jose-Luis Peydro (Universitat Pompeu Fabra)
[View Abstract] [Download Preview]
The (Unintended?) Consequences of the Largest Liquidity Injection Ever
Matteo Crosignani (New York University)
Miguel de Faria e Castro (New York University)
Luis Fonseca (Bank of Portugal)
[View Abstract] [Download Preview]
The Euro Interbank Repo Market
Loriano Mancini (Swiss Finance Institute at EPFL)
Angelo Ranaldo (University of St. Gallen)
Jan Wrampelmeyer (University of St. Gallen)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Philipp Schnabl (New York University)
Jeremy Stein (Harvard University)
Florian Heider (European Central Bank)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Governance Threats, Consequences and Countermeasures (G3)
Presiding: Renée B. Adams (University of New South Wales)
Do Director Elections Matter?
Vyacheslav Fos (Boston College)
Kai Li (University of British Columbia)
Margarita Tsoutsoura (University of Chicago)
[View Abstract] [Download Preview]
The Threat of Shareholder Intervention and Firm Innovation
Jin Qi (University of Minnesota)
[View Abstract] [Download Preview]
Corporate Governance and the Firm's Workforce
Inessa Liskovich (Univ of Texas-Austin)
[View Abstract] [Download Preview]
Do Takeover Defenses Deter Takeovers?
Jonathan Karpoff (University of Washington)
Robert Schonlau (Brigham Young University)
Eric Wehrly (Seattle University)
[View Abstract]
Discussants:
Daniel Ferreira (London School of Economics)
Gustavo Manso (University of California-Berkeley)
Paola Sapienza (Northwestern University)
Bernard Black (Northwestern University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Intermediation and Raising Capital (G2)
Presiding: Shai Bernstein (Stanford University)
Bad Times, Good Credit
Bo Becker (Stockholm School of Economics)
Marieke Bos (Stockholm University)
Kasper Roszbach (Sveriges Riksbank)
[View Abstract] [Download Preview]
Who Benefits from Bond Market Modernization?
David Musto (University of Pennsylvania)
Jillian Popadak (Duke University)
[View Abstract] [Download Preview]
Underwriter Networks, Investor Attention, and Initial Public Offerings
Emanuele Bajo (University of Bologna)
Thomas Chemmanur (Boston College)
Karen Simonyan (Suffolk University)
Hassan Tehranian (Boston College)
[View Abstract] [Download Preview]
Who Finances Durable Goods and Why it Matters: Captive Finance and the Coase Conjecture
Justin Murfin (Yale University)
Ryan Pratt (Brigham Young University)
[View Abstract] [Download Preview]
Discussants:
Richard Townsend (Dartmouth College)
Victoria Ivashina (Harvard Business School)
Yael Hochberg (Massachusetts Institute of Technology )
Jean-Noel Barrot (Massachusetts Institute of Technology)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Pricing of Macroeconomic Risk (G1)
Presiding: Lars Kuehn (Carnegie Mellon University)
The Dividend Term Structure
Jac Kragt (Tilburg University)
Frank de Jong (Tilburg University)
Joost Driessen (Tilburg University - TiSEM)
[View Abstract] [Download Preview]
The Price of Variance Risk
Ian Dew-Becker (Northwestern University)
Stefano Giglio (University of Chicago)
Anh Le (University of North Carolina)
Marius Rodriguez (Federal Reserve Board)
[View Abstract]
Horizon-Specific Macroeconomic Risks and the Cross-Section of Expected Returns
Martijn Boons (Nova School of Business and Economics)
Andrea Tamoni (London School of Economics)
[View Abstract] [Download Preview]
Identifying Long-Run Risks: A Bayesian Mixed-Frequency Approach
Frank Schorfheide (University of Pennsylvania)
Dongho Song (Boston College)
Amir Yaron (University of Pennsylvania)
[View Abstract] [Download Preview]
Discussants:
Adlai Fisher (University of British Columbia)
Jessica Wachter (University of Pennsylvania)
Hanno Lustig (Stanford University)
Lars Lochstoer (Columbia University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Social Media and Textual Analysis in Finance (G1)
Presiding: Lily Fang (Massachusetts Institute of Technology)
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] [Download Preview]
Deciphering Fedspeak: The Information Content of FOMC Meetings
Narasimhan Jegadeesh (Emory University)
Di (Andrew) Wu (University of Pennsylvania)
[View Abstract] [Download Preview]
Information Discovery by Analysts
Naveen Daniel (Drexel University)
Lalitha Naveen (Temple University)
[View Abstract] [Download Preview]
The Value of Crowdsourcing: Evidence from Earnings Forecasts
Barbara Bliss (University of San Diego)
Biljana Nikolic (University of San Diego)
[View Abstract] [Download Preview]
Discussants:
Justin Wolfers (University of Michigan)
David Lucca (Federal Reserve Bank of New York)
Eugene Soltes (Harvard Business School)
Joseph Engelberg (University of California-San Diego)

Jan 04, 2016 2:30 pm, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
The Cross-Section of Expected Returns (G1)
Presiding: Ralph Koijen (London Business School)
Spurious Factors in Linear Asset Pricing Models
Svetlana Bryzgalova (London School of Economics)
[View Abstract] [Download Preview]
Risky Value
Atif Ellahie (London Business School)
Michael Katz (AQR Capital Management LLC)
Scott Richardson (London Business School)
[View Abstract] [Download Preview]
Monetary Policy Surprises, Investment Opportunities, and Asset Prices
Andrew Detzel (University of Denver)
[View Abstract] [Download Preview]
Discussants:
Motohiro Yogo (Princeton University)
Stijn Van Nieuwerburgh (New York University)
Anna Cieslak (Duke University )

Jan 04, 2016 2:30 pm, Marriott Marquis, Nob Hill A & B
American Finance Association
The Market for Corporate Control (G3)
Presiding: Kai Li (University of British Columbia)
Are Stock-Financed Takeovers Opportunistic?
B. Espen Eckbo (Dartmouth College)
Tanakorn Makaew (University of South Carolina)
Karin Thorburn (Norwegian School of Economics)
[View Abstract] [Download Preview]
The Human Factor in Acquisitions: Cross-Industry Labor Mobility and Corporate Diversification
Geoffrey Tate (University of North Carolina)
Liu Yang (University of Maryland)
[View Abstract] [Download Preview]
The Decreasing Returns of Serial Acquirers Around the World
Andrew Karolyi (Cornell University)
Rose Liao (Rutgers University)
Gilberto Loureiro (University of Minho)
[View Abstract] [Download Preview]
Extending Industry Specialization, Intangibles, and Cross-Border Acquisitions
Laurent Fresard (University of Maryland)
Ulrich Hege (HEC Paris)
Gordon Phillips (Dartmouth College)
[View Abstract] [Download Preview]
Discussants:
Micah Officer (Loyola Marymount University)
Elena Simintzi (University of British Columbia)
Raghavendra Rau (University of Cambridge)
Pedro Matos (University of Virginia)

Jan 04, 2016 2:30 pm, Parc 55, Mission I
American Real Estate & Urban Economic Association
Energy and the Environment (R1, Q5)
Presiding: Kenneth Gillingham (Yale University)
Capitalization of Energy Efficiency in the Housing Market
Nils Kok (Maastricht University)
Erdal Aydin (Maastricht University)
Dirk Brounen (Tilburg University)
[View Abstract] [Download Preview]
Incentivizing Green Single-Family Construction: Identifying Effective Government Policies and Their Features
Avis Devine (University of Guelph)
Shaun Bond (University of Cincinnati)
[View Abstract] [Download Preview]
Telework: Urban Form, Energy Consumption, and Greenhouse Gas Implications
William D. Larson (Bureau of Economic Analysis)
Weihua Zhao (George Washington University)
[View Abstract] [Download Preview]
Valuing Nuclear Energy Risks: Evidence from the Impact of the Fukushima Crisis on U.S. Housing Prices
Jeffrey Zabel (Tufts University)
Shinsuke Tanaka (Tufts University)
[View Abstract] [Download Preview]
Discussants:
Steven Sexton (Duke University)
Kerry Vandell (University of California-Irvine)
Raphael W. Bostic (University of Southern California)
Jiro Yoshida (Pennsylvania State University)

Jan 04, 2016 2:30 pm, Parc 55, Mission II & III
American Real Estate & Urban Economic Association
Real Estate Pricing (R3, R2)
Presiding: Paul Carrillo (George Washington University)
Testing for the "Afternoon Effect" and other Price Anomalies in Real Estate Markets
Henry Munneke (University of Georgia)
Joseph Ooi (National University of Singapore)
C.F. Sirmans (Florida State University)
Geoffrey Turnbull (University of Central Florida)
[View Abstract]
Implicit Hedonic Pricing Using Mortgage Payment Information
Shuang Zhu (Kansas State University)
R. Kelley Pace (Louisiana State University)
[View Abstract] [Download Preview]
Why Do Real Estate Agents Buy Houses at Lower Prices? Cherry Picking or Bargaining Power
Tien Foo Sing (National University of Singapore)
Sumit Agarwal (National University of Singapore)
Jia He (Nankai University)
Changcheng Song (National University of Singapore)
[View Abstract] [Download Preview]
Metropolitan Area Home Prices and the Mortgage Interest Deduction: Estimates and Simulations from Policy Change
Andrew Hanson (Marquette University)
Hal Martin (Federal Reserve Bank of Cleveland)
[View Abstract]
Discussants:
Dean Gatzlaff (Florida State University)
Jaren C. Pope (Brigham Young University)
Benjamin Williams (George Washington University)
Daniel A. Broxterman (Florida State University)

Jan 04, 2016 2:30 pm, Parc 55, Powell I
American Real Estate & Urban Economic Association
REITs (G2, G3)
Presiding: Walter Boudry (Cornell University)
Analyst Behavior Around REIT Equity Offerings
Erik Devos (University of Texas-El Paso)
Elizabeth Devos (Eastern Michigan University)
Andrew Spieler (Hofstra University)
Seow Eng Ong (National University of Singapore)
[View Abstract]
Institutional Property Type Herding in REITs
Ed Nelling (Drexel University)
Vicky Lantushenko (Drexel University)
[View Abstract] [Download Preview]
REIT Crash Risk and Institutional Investors
Qun Wu (University of Nevada-Reno)
Heng An (University of North Carolina-Greensboro)
Zhonghua Wu (Florida International University)
[View Abstract] [Download Preview]
Stochastic Taxation and REITs Pricing Bubbles: A Statistical Analysis
Robert Edelstein (University of California-Berkeley)
Konstantin Magin (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Tobias Muhlhofer (University of Miami)
Benjamin Scheick (Villanova University)
McKay Price (Lehigh University)
Andrey Ukhov (Cornell University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra H
American Risk & Insurance Association/American Economic Association
Topics in Risk and Economics (G2, D8)
Presiding: J. David Cummins (Temple University)
Market Discipline and Government Guarantees: Evidence from the Insurance Industry
Yiling Deng (Georgia State University)
J. Tyler Leverty (University of Wisconsin-Madison)
George Zanjani (Georgia State University)
[View Abstract] [Download Preview]
The Governance of Risk Management: The Importance of Directors Independence and Financial Knowledge
Georges Dionne (HEC Montreal)
Olfa Maalaoui Chun (KAIST )
Thouraya Triki (HEC Montreal)
[View Abstract] [Download Preview]
Comparative Mutual Aggravation
Sebastian Ebert (Tilburg University)
Diego C. Nocetti (Clarkson University)
Harris Schlesinger (University of Alabama)
[View Abstract] [Download Preview]
Optimal Insurance for Catastrophic Risk: Theory and Application to Nuclear Corporate Liability
Alexis Louaas (Ecole Polytechnique)
Pierre Picard (Ecole Polytechnique)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Parc 55, Market Street
Association for Comparative Economic Studies
Political Economy of Russia’s Regions (P2, H7)
Presiding: Will Pyle (Middlebury College)
Through Thick and Through Thin: Economic Shocks, Transfers and Strategic Priorities in Russia
Timothy Frye (Columbia University)
Israel Marques (Higher School of Economics-Moscow and Columbia University)
Eugenia Nazrullaeva (Higher School of Economics-Moscow)
Andrei Yakovlev (Higher School of Economics-Moscow)
Denis Ivanov (Higher School of Economics-Moscow)
[View Abstract] [Download Preview]
Politics and Banking in Russia
Zuzana Fungacova (Bank of Finland)
Koen Schoors (Ghent University)
Laurent Weill (University of Strasbourg and Bank of Finland)
[View Abstract] [Download Preview]
The Impact of Climate Change on Government Expenditures: Evidence from Russia
Simo Leppänen (Aalto University)
Laura Solanko (Bank of Finland)
[View Abstract] [Download Preview]
Trade, Border Effects, and Regional Integration Between Russia’s Far East and China
Dmitry Izotov (Russian Academy of Sciences)
Kiril Tochkov (Texas Christian University)
[View Abstract]
Discussants:
Ralph de Haas (European Bank for Reconstruction and Development)
John Bonin (Wesleyan University)
Iikka Korhonen (Bank of Finland)
Jarko Fidrmuc (Zeppelin University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Dissecting the Evolution of the State, Market, Firm, and Household (B5, P1)
Presiding: Mary V. Wrenn (University of Cambridge)
Reconceptualizing the Nature and Evolution of Institutions
Lynne Chester (University of Sydney-Australia)
[View Abstract]
Evolution of U.S. Household Agency Over Stages of Capitalism
Laura Cardwell (University of Missouri-Kansas City)
Zdravka Todorova (Wright State University)
[View Abstract]
Corporate Control and the Social Provisioning Process: An Evolutionary Analysis
Mitchell R. Green (Franklin and Marshall College)
[View Abstract]
Credit as a Means of Social Provisioning
Susan K. Schroeder (University of Sydney-Australia)
[View Abstract]
The Role of Culture, Historicity, and Human Agency in Guiding the Evolution of the State: The Case Against Cultural Fatalism
Anna Klimina (University of Saskatchewan-Canada)
[View Abstract]
Discussants:
Tae-Hee Jo (State University New York-Buffalo State)
Carlo D’Ippoliti (Sapienza University of Rome)

Jan 04, 2016 2:30 pm, Marriott Marquis, Pacific B
Association for Social Economics
Financialisation, Policy and Spatial Inequalities (E4, N2)
Presiding: Ilene Grabel (University of Denver)
De-Financialising the Financial System
Malcolm Sawyer (University of Leeds)
[View Abstract]
Varieties of Capitalism, Increasing Income Inequality, and the Sustainability of Long Run Growth
Mark Setterfield (New School)
Yun Kim (University of Massachusetts)
[View Abstract] [Download Preview]
Regional Financialisation and Convergence: Evidence from Italy
Philip Arestis (University of Cambridge and University of the Basque Country)
Giuseppe Fontana (University of Leeds and University of Sannio)
Peter Phelps (University of Leeds)
[View Abstract] [Download Preview]
Ethics and Income Inequality: Uncovering Ethical Earnings in the US and UK Based on Group Identity
Aurelie Charles (University of Bath)
Sunčica Vujić (University of Antwerp)
[View Abstract] [Download Preview]
Financialization, Fiscal Policies and Differential Interest Rates in Core and Periphery Countries of Eurozone: A Monetary Theory of Production Approach
Riccardo Realfonzo (University of Sannio)
Andrea Pacella (University of Catania)
[View Abstract]

Jan 04, 2016 2:30 pm, Marriott Marquis, Walnut
Association for the Study of Generosity in Economics
Taxation and Charitable Giving (D6, H2)
Presiding: Sarah Smith (University of Bristol)
The Price Elasticity of Charitable Giving: Evidence from U.K. Tax Records
Miguel Almunia (University of Warwick)
Ben Lockwood (University of Warwick)
Kimberley Scharf (University of Warwick)
[View Abstract]
What is the Price Elasticity of Charitable Giving? Estimating (Un)Compensated Elasticities from a Tax-Credit Kink
Daniel Hungerman (University of Notre Dame)
Mark O. Wilhelm (Indiana University-Purdue University Indianapolis)
[View Abstract]
Do Tax Incentives Affect Charitable Contributions? Evidence from Public Charities’ Reported Revenues
Nicolas Duquette (University of Southern California)
[View Abstract]
Discussants:
Marit Rehavi (University of British Columbia)
Bradley Heim (Indiana University)
Caroline Weber (University of Oregon)

Jan 04, 2016 2:30 pm, Marriott Marquis, Pacific C
Association of Christian Economists
Health Policy in Developing Countries (I1)
Presiding: Julie Schaffner (Tufts University)
Serving the Poorest of the Poor: What Water Project Placement Teaches Us about Government and NGO Motivations in Uganda
David R. Berger (University of California-Berkeley)
[View Abstract]
Long-Term Health and Economic Effects of Antenatal Testing Laws
Winnie Fung (Wheaton College)
Omar Robles (Charles River Associates)
[View Abstract] [Download Preview]
What Really is Brain Drain? Location of Birth, Education and Migration Dynamics of African Doctors
Çaglar Özden (World Bank)
David Cameron Phillips (Hope College)
[View Abstract] [Download Preview]
Discussants:
Christopher Barrett (Cornell University)
Julie Schaffner (Tufts University)
Bruce Wydick (University of San Francisco)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
Weather, Air Quality, Health and Crime (Q5)
Presiding: Maximilian Auffhammer (University of California-Berkeley)
Air Quality, Mortality, and Perinatal Health: Causal Evidence from Wildfires
Christopher Khawand (Michigan State University)
[View Abstract] [Download Preview]
Weather, Traffic Accidents and Climate Change
Benjamin Leard (Resources for the Future)
Kevin Roth (University of California-Irvine)
[View Abstract]
Climate of Discontent: Weather, Typhoons, and Crime in the Philippines, 1990-2008
Jesse Anttila-Hughes (University of San Francisco)
Emily Wetherley (State of Utah Juvenile Courts)
[View Abstract] [Download Preview]
Weather Shocks, Crime and Agriculture: Evidence from India
Ram Fishman (George Washington University)
David Blakeslee (New York University Abu Dhabi)
[View Abstract]
Discussants:
Reed Walker (University of California-Berkeley)
Maximilian Auffhammer (University of California-Berkeley)
Solomon M. Hsiang (University of California-Berkeley)
Namrata Kala (Yale University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra A
Association of Financial Economists/American Economic Association
Interconnectedness and Systemic Risk (G1, G2)
Presiding: Kose John (New York University and Temple University)
Syndication, Interconnectedness, and Systemic Risk
Jian Cai (Washington University-St. Louis)
Anthony Saunders (New York University)
Sascha Steffen (University of Mannheim and ZEW)
[View Abstract] [Download Preview]
Uncertainty Aversion and Systemic Risk
David L. Dicks (University of North Carolina)
Paolo Fulghieri (University of North Carolina)
[View Abstract] [Download Preview]
Why banks want to be complex
Frank Hong Liu (University of Glasgow)
Lars Norden (Brazilian School of Public and Business Administration)
Fabrizio Spargoli (Erasmus University)
[View Abstract] [Download Preview]
Short-Term Debt and Systemic Risk
Saptarshi Mukherjee (New York University)
[Download Preview]
Discussants:
Christa H.S. Bouwman (Texas A&M University)
Itay Goldstein (University of Pennsylvania)
Steven Ongena (University of Zurich)
S. Abraham Ravid (Yeshiva University)

Jan 04, 2016 2:30 pm, Parc 55, Mason
Association of Indian Economic & Financial Studies
Economic Development: Macro and Micro Level Challenges (O2, O2)
Presiding: Chandana Chakraborty (Montclair State University)
Boom and Bust Growth:Do Institutions Matter?
Sabyasachi Kar (Institute of Economic Growth)
Lant Pritchett (Harvard University)
Selim Raihan (Dhaka University)
Kunal Sen (IDPM and University of Manchester)
[View Abstract] [Download Preview]
Welfare Implications of India's Employment Guarantee with a Wage Payment Delay
Parantap Basu (DUBS and Durham University)
Kunal Sen (IDPM and University of Manchester)
[View Abstract] [Download Preview]
Farmers’ Suicides in India, 1995-2012: Measurement and Interpretation
Srijit Mishra (Nabaksrushna Choudhury Centre for Development Studies (NCDS))
[View Abstract] [Download Preview] [Download PowerPoint]
From Well-Heeled to Tip-Toed, Shoe-Shine to Shoe-Lace: Monopolistic Competition and Product Differentiation in Men’s Footwear
Vishal Kumar (Indian Institute of Management-Ahmedabad )
Satish Y. Deodhar (Indian Institute of Management-Ahmedabad)
[View Abstract] [Download Preview] [Download PowerPoint]
Size Dependent Fiscal Incentives and Horizontal Subcontracting in Manufacturing Firms: Evidence from Panel of Factories in India
K. V. Ramaswamy (Indira Gandhi Institute of Development Research (IGIDR))
[View Abstract] [Download Preview]
Economic Growth and Reduced Carbon Emissions: The Impact of Carbon Pricing
Niranjan Chipalkatti (Seattle University)
Meenakshi Rishi (Seattle University)
Thien Le (University of Houston)
[View Abstract]
Discussants:
Subarna Samanta (College of New Jersey)
Raja Kali (University of Arkansas)
Banani Nandi (AT&T Shannon Laboratories)
Shailendra Gajanan (University of Pittsburgh-Bradford)
Rukmani Gounder (Massey University)
Amitrajeet A. Batabyal (Rochester Institute of Technology)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 20
Econometric Society
Capital, Knowledge and Diffusion on the Path to the Industrial Revolution (A1)
Presiding: Carles Boix (Princeton University)
Reformation and Reallocation: Human Capital, Employment, and Economic Activity in the German Lands
Davide Cantoni (University of Munich)
Jeremiah Dittmar (London School of Economics)
Noam Yuchtman (University of California-Berkeley)
[View Abstract]
The Roots of the Industrial Revolution: Political Institutions or (Socially Embedded) Know-How?
Carles Boix (Princeton University)
Scott Abramson (European University Institute/ University of Rochester)
[View Abstract] [Download Preview]
New Media, Competition, and Growth
Jeremiah Dittmar (London School of Economics)
The Mechanics of Endogenous Innovation and Growth: Evidence from Historical U.S. Patents
William R. Kerr (Harvard University)
Ufuk Akcigit (University of Pennsylvania)
Tom Nicholas (HBS)
[View Abstract]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 16
Econometric Society
Exchange Rates and Adjustment (A1)
Presiding: Laura Veldkamp (New York University)
Exchange Rate Pass-Through and Market Structure in a Multi-Country World
Kanda Naknoi (University of Connecticut)
[View Abstract] [Download Preview]
Information Globalization, Risk Sharing and International Trade
Laura Veldkamp (New York University)
Isaac Baley (Universitat Pompeu Fabra)
Michael Waugh (New York University)
[View Abstract] [Download Preview]
Market Structure, External Adjustment and Pricing to Market
Raphael Sebastian Schoenle (Brandeis University)
Raphael Auer (Swiss National Bank)
Ariel Burstein (UCLA)
[View Abstract]
Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound
Yi Zhang (University of Wisconsin-Madison)
Menzie Chinn (University of Wisconsin)
[View Abstract] [Download Preview]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 3 & 4
Econometric Society
Firms in Developing Economies (A1)
Presiding: David Atkin (Massachusetts Institute of Technology)
Industrialization from Scratch: The Persistent Effects of China’s “Third Front” Movement
Ben Zou (University of Maryland)
Jingting Fan (University of Maryland)
[View Abstract] [Download Preview]
The Return to Entrepreneurship: Selection, Non-Pecuniary Benefits and Necessity in Mexico
Jesica Torres-Coronado (ITESM)
[View Abstract]
Are Small Firms Labor Constrained? Experimental Evidence from Ghana
Jamie McCasland (University of California-Berkeley)
[View Abstract] [Download Preview]
Do Factor and Financial Market Frictions Interact to Constrain Growth? Evidence from Firms and Farms
Alex Cohen (Yale University)
[View Abstract]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 19
Econometric Society
Inequality Dynamics (A1)
Presiding: Fatih Karahan (Federal Reserve Bank of New York)
Understanding Portfolio Choice and Wealth Inequality: The Role of Non-Gaussian Earnings Risk with Asymmetric Mean Reversion
Fatih Karahan (Federal Reserve Bank of New York)
Serdar Ozkan (University of Toronto)
[View Abstract]
Determinants of Wage and Earnings Inequality in the United States
Ctirad Slavik (Goethe University Frankfurt)
Hakki Yazici (Sabanci University)
[View Abstract] [Download Preview]
Slowing Women’s Labor Force Participation: The Role of Rising Income Inequality
Maria Jose Prados (University of Southern California)
Stefania Albanesi (NY Fed)
[View Abstract]

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 15
Econometric Society
Topics in eCommerce (A1)
Presiding: Steven Tadelis (University of California-Berkeley)
The Economics of the Bitcoin Network: Theory and Evidence
Susan Athey (Stanford University)
[View Abstract]
Price Formation in Bilateral Trade: Evidence From Online Bargaining
Matthew Backus (Cornell University)
Thomas Blake (eBay Research)
Brad Larsen (Stanford University)
Steve Steve Tadelis (University of California-Berkeley)
Steven Tadelis (University of California Berkeley)
[View Abstract]
Dynamic Pricing in a Labor Market: Surge Pricing and Flexible Work on the Uber Platform
Keith Chen (University of California-Los Angeles)
Michael Sheldon (University of Chicago)
[View Abstract] [Download Preview]
Demand Estimation with High Dimensional Data and an Application to Amazon’s Book Marketplace
Wilko Schulz-Mahlendorf (Amazon)
Patrick Bajari (Amazon)
Guido Imbens (Stanford University)
Ana Lemmen Meyer (Amazon.com)
[View Abstract]
Discussants:
R. Preston McAfee (Microsoft)
Luis Cabral (New York University)
Enrico Moretti (University of California-Berkeley)
Chris Nosko (University of Chicago)

Jan 04, 2016 2:30 pm, Hilton Union Square, Sutter A & B
Economic History Association
Institutions Matter: Economic and Social Policies in the Long Run (N2)
Presiding: Julia Cage (Sciences Po)
Policy Uncertainty and Investment: Evidence from the English East India Company
Dan Bogart (University of California-Irvine)
[View Abstract] [Download Preview]
Inter-Annual Water Supply Variation and Irrigated Agriculture in the Arid Western United States: One Hundred Years of Agricultural Census Observations from Idaho
Zeynep Hansen (Boise State University)
Scott Lowe (Boise State University)
Wenchao Xu (Xiamen University)
[View Abstract] [Download Preview]
Institution Protections, Capital Costs, and Long-Run Economic Growth
Benjamin Chabot (Federal Reserve Bank of Chicago)
Ron Alquist (Kings Peak Asset Management)
[View Abstract] [Download Preview]
Foreign Reserves and International Adjustments Under the Bretton Woods System: A Reappraisal
Eric Monnet (Bank of France)
Damien Puy (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Daniel Shoag (Harvard University)
Eric Edwards (Utah State University)
Julia Cage (Sciences Po)
Michael D. Bordo (Rutgers University)

Jan 04, 2016 2:30 pm, Hilton Union Square, Powell A & B
Health Economics Research Organization
The Impact of the Affordable Care Act on Hospital Use, Cost, and Market Structure (I1, L1)
Presiding: Kosali Simon (Indiana University)
The Impact of the Affordable Care Act on Hospital Access
Victoria E. Perez (Indiana University)
Ari B. Friedman (University of Pennsylvania)
[View Abstract]
The Effect of the Affordable Care Act (ACA) Medicaid Expansion on the Utilization of Hospital Services
John Graves (Vanderbilt University)
Craig Garthwaite (Northwestern University)
Tal Gross (Columbia University)
Mathew J. Notowidigdo (Northwestern University)
ACA Insurance Coverage Expansion Impact on Hospital Cost
Zeynal Karaca (Agency for Healthcare Research and Quality)
Eli Cutler (Truven Health Analytics)
Michael Dworsky (RAND Corporation)
Christine Eibner (RAND Corportion)
Gary Pickens (Truven Health Analytics)
[View Abstract]
Discussants:
Richard Lindrooth (University of Colorado-Denver)
Vivian Ho (Rice University)
Sayeh Nikpay (University of Michigan and Vanderbilt University)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 23 & 24
Industrial Organization Society
Industrial Organization of Financial Services (L1, L8)
Presiding: Elizabeth Kiser (Federal Reserve Board)
The Effects of Interest Rate Changes and Add-on Fee Regulation on Consumer Behavior in the U.S. Credit Card Market
Alexei Alexandrov (Consumer Financial Protection Bureau)
Ozlem Bedre-Defolie (European School of Management and Technology)
Daniel Grodzicki (Pennsylvania State University)
[View Abstract]
Capital Requirements in a Quantitative Model of Banking Industry Dynamics
Dean Corbae (University of Wisconsin-Madison)
Pablo D'Erasmo (Federal Reserve Bank of Philadelphia)
[View Abstract] [Download Preview]
Estimating a Demand System for U.S. Debt Instruments
Ali Hortaçsu (University of Chicago)
Jakub Kastl (Princeton University)
[View Abstract]
An Equilibrium Search Model of Price Dispersion in the U.S. Mortgage Market
Alexei Alexandrov (Consumer Financial Protection Bureau)
Sergei Koulayev (Consumer Financial Protection Bureau)
[View Abstract]
Discussants:
Chaehee Shin (Federal Reserve Board)
Marc Rysman (Boston University)
Jean Francois Houde (University of Pennsylvania)
Judith Chevalier (Yale University)

Jan 04, 2016 2:30 pm, Parc 55, Divisadero
International Association for Energy Economics/American Economic Association
Economic Growth, Environment and Efficiency: Shaping the Future of Energy Demand (Q4) (Panel Discussion)
Panel Moderator: Kenneth Medlock III (Rice University)
Robert Schwiers (Chevron Corporation)
Andrew Slaughter (Deloitte)
Amy Jaffe (University of California-Davis)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra B
International Association for Feminist Economics
Work Segregation (J7)
Presiding: Alicia Girón (Mexico Autonomous National University)
Gender Discrimination in Quality of Employment in the Unorganized Manufacturing Sector of India
Anupama Uppal (Punjabi University)
[View Abstract]
On the nature (and nurture) of gender differences in work preferences. Evidence from East and West Germany
Miriam Beblo (University of Hamburg)
Luise Görges (University of Hamburg)
[View Abstract] [Download Preview]
Occupational Segregation and Social Welfare
Olga Alonso-Villar (University of Vigo)
Coral del Rio (University of Vigo)
[View Abstract] [Download Preview]
The Effects of Anti-Affirmative Action Laws On Racial Disparities in Earnings
Marlene Kim (University of Massachusetts-Boston)
[View Abstract]
Discussants:
Alicia Girón (Autonomous National University)
Ebru Kongar (Dickinson College)

Jan 04, 2016 2:30 pm, Marriott Marquis, Nob Hill C & D
International Banking, Economics and Finance Association/American Economic Association
The Implementation of Macroprudential Policies by Central Banks (E5) (Panel Discussion)
Panel Moderator: Wayne Passmore (Federal Reserve Board)
Markus K. Brunnermeier (Princeton University)
Arvind Krishnamurthy (Stanford University)
Paul Tucker (Harvard University)
John C. Williams (Federal Reserve Bank of San Francisco)

Jan 04, 2016 2:30 pm, Parc 55, Embarcadero
International Health Economics Association/American Economic Association
Economic Cycles and the Health of Nations: International Evidence (I1, E3)
Presiding: Albert A. Okunade (University of Memphis)
Air Pollution and Procyclical Mortality
Christopher J. Ruhm (University of Virginia)
Garth Heutel (Georgia State University)
[View Abstract] [Download Preview]
Lifecycle Effects of a Recession on Health Behaviors: Boom, Bust, and Recovery in Iceland
Tinna Laufey Ásgeirsdóttir (University of Iceland)
Hope Corman (Rider University and NBER)
Kelly Noonan (Rider University and NBER)
Nancy E. Reichman (Rutgers University)
[View Abstract] [Download Preview]
The Effects of Aggregate and Gender-Specific Labor Demand Shocks on Child Health
Marianne Page (University of California-Davis and NBER)
Jessamyn Schaller (University of Arizona)
David Simon (University of Connecticut)
[View Abstract] [Download Preview]
Longitudinal Analysis of Macroeconomic Conditions and Traffic Policies on Hit-and-Run Fatalities of Non-Motorists
Michael T. French (University of Miami)
Gulcin Gumus (Florida Atlantic University and IZA)
Brittany M. Harder (University of Miami)
[View Abstract]
Discussants:
John Friedman (Brown University)
Andrew Friedson (University of Colorado-Denver)

Jan 04, 2016 2:30 pm, Marriott Marquis, Juniper
International Society for Inventory Research
Inventories, Investment and Business Cycles (E2, E3)
Presiding: Hyunseung Oh (Vanderbilt University)
Just-in-Time Production and the Great Moderation: Inventories in German Manufacturing
Georg Strasser (European Central Bank)
[View Abstract]
Capital Unemployment, Financial Shocks, and Investment Slumps
Pablo Ottonello (University of Michigan-Ann Arbor)
[View Abstract] [Download Preview]
Durable Goods and Investment Dynamics
James A. Kahn (Yeshiva University)
Louis Maccini (Johns Hopkins University)
[View Abstract] [Download Preview]
Residential Construction Lags Across the U.S. and Their Implications for Housing Supply
Hyunseung Oh (Vanderbilt University)
Chamna Yoon (Baruch College)
[View Abstract] [Download Preview]
Discussants:
Ruediger Bachmann (University of Notre Dame)
Andrea Lanteri (Duke University)
Oleksiy Kryvtsov (Bank of Canada)
Matteo Iacoviello (Federal Reserve Board)

Jan 04, 2016 2:30 pm, Parc 55, Davidson
Labor & Employment Relations Association
Confronting Stagnant Compensation (J3)
Presiding: Teresa Ghilarducci (New School)
Will 21 Million Older Americans Lower Your Wages
Teresa Ghilarducci (New School)
[View Abstract]
Rigging the Rules Explains Wage Stagnation
Lawrence Mishel (Economic Policy Institute)
[View Abstract]
Institutions and Decent Jobs: The U.S. in International Perspective
David Howell (New School)
[View Abstract]
Natural Rate of Unemployment is not Full Employment
John Komlos (University of Munich)
[View Abstract] [Download Preview]
Discussants:
Alexandre Mas (Princeton University)
Mary Daly (Federal Reserve Board-San Francisco)

Jan 04, 2016 2:30 pm, Parc 55, Balboa
Labor & Employment Relations Association
Precarious Work: Women in Germany, Japan, and Korea (J4)
Presiding: Elaine McCrate (University of Vermont)
The Actual Situation of Labor and Organization of the Female Irregular Workers in the Service Industries in Japan as the Process of Globalization Continues
Masako Mitsuyama (Doshisha University)
Sachi Kotani (Nihon University)
[View Abstract] [Download Preview] [Download PowerPoint]
How Working Conditions of the Female Irregular Workers in the Service Industries in Germany are Regulated in Workplace?
Yoko Tanaka (Tsukuba University)
Uta Meier-Graewe (University of Giessen)
[View Abstract]
The Actual Situation of Labor and Organization of the Female Irregular Workers in the Service Industries in Korea
Nobuko Yokota (Yamaguchi University)
Sung Hee Kim (Korea University)
[View Abstract]
Discussants:
Sanford Jacoby (University of California-Los Angeles)

Jan 04, 2016 2:30 pm, Marriott Marquis, Pacific J
National Association of Forensic Economics
Topics in Forensic Economics (K1, D4)
Presiding: William G. Brandt (Brandt Forensic Economics)
Valuation, Risk, and Damages in an Emerging Legal Marijuana Industry: Early Evidence and Sober Projections
Patrick Anderson (Anderson Economic Group)
[View Abstract] [Download Preview]
Omitted Variable Bias in Multiple Regression Models for Employment Discrimination
Elias Grivoyannis (Yeshiva University)
Constantine Grivoyannis (City University of London)
[View Abstract]
Shooting for the Moon: Inflation Risk and Damages Estimation in Personal Injury and Wrongful Death Litigation
Scott Gilbert (Southern Illinois University Carbondale)
[View Abstract]
Discussants:
Larry Spizman (State University of New York-Oswego)
Jennifer L. Polhemus (Precision Research)
Nicholas Briscoe (Crowe Horwath LLP)

Jan 04, 2016 2:30 pm, Hilton Union Square, Van Ness Room
National Economic Association
Development and Migration (O1, Q1)
Presiding: Gregory N. Price (Langston University)
Can Agricutural (Rural Sector) Development Address the High Rate of Unemployment in the Urban Sector? The Case of Sub-Sahara Africa
Juliet Elu (Morehouse College)
Bichaka Fayissa (Middle Tennessee State University)
[View Abstract]
Competing Sectors in South Africa
Miesha Williams (Morehouse College)
[View Abstract] [Download Preview]
Intentions to coordinate in the field
Angelino Viceisza (Spelman College)
Tanguy Bernard (IFPRI and University de Bordeaux IV)
Fo Kodjo Dzinyefa Aflagah (University of Maryland)
[View Abstract] [Download Preview] [Download PowerPoint]
Terms of Trade and Inequality from the Perspective of Arthur Lewis
Romie Tribble, Jr. (Spelman College)
[View Abstract]
Remittances, Official Development Assistance, and Human Development in Africa: An Empirical Analysis
Zelealem Yiheyis (Clark Atlanta University)
Kasahun Woldemariam (Spelman College)
[View Abstract]
Discussants:
Jan Christopher (Delaware State University)
Linda Loubert (Morgan State University)
Bichaka Fayissa (Middle Tennessee State University)
Angelino Viceisza (Spelman College)
Romie Tribble, Jr. (Spelman College)

Jan 04, 2016 2:30 pm, Hilton Union Square, Union Square 1 & 2
Omicron Delta Epsilon
Omicron Delta Epsilon John R. Commons Award Lecture (E1, B2)
Presiding: Kathryn Nantz (Fairfield Univeristy)
The Trouble with Macroeconomics
Paul Romer (New York University)
[View Abstract]

Jan 04, 2016 2:30 pm, Parc 55, Powell II
Society for Computational Economics
Expectations and Asset Prices in Dynamic Macro Models (E3, G1)
Presiding: Kevin J. Lansing (Federal Reserve Bank of San Francisco)
Model Averaging and Asset Price Volatility
In-Koo Cho (University of Illinois)
Kenneth Kasa (Simon Fraser University)
[View Abstract] [Download Preview]
Monetary Policy and Asset Prices with Infinite-Horizon Learning
Marco Airaudo (Drexel University)
[View Abstract] [Download Preview]
Housing Demand, Savings Gluts and Current Account Dynamics
Pedro Gete (Georgetown University)
[View Abstract] [Download Preview]
Explaining Exchange Rate Anomalies in a Model with Taylor-Rule Fundamentals and Consistent Expectations
Kevin J. Lansing (Federal Reserve Bank of San Francisco)
Jun Ma (University of Alabama)
[View Abstract] [Download Preview]
Discussants:
Mikhail Anufriev (University of Technology-Sydney)
Jang-Ting Guo (University of California-Riverside)
Francesco Furlanetto (Norges Bank)
Jianfeng Yu (University of Minnesota)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra I
Society of Government Economists
Using Linked Census and Administrative Data to Analyze Intergenerational and Geographic Mobility (J6, D1)
Presiding: Joseph Ferrie (Northwestern University)
Do Grandparents Matter? Multigenerational Mobility in the US from 1940-2013
Joseph Ferrie (Northwestern University)
Catherine Massey (U.S. Census Bureau)
Jonathan Rothbaum (U.S. Census Bureau)
[View Abstract]
Fathers, Children, and the Intergenerational Transmission of Employers
Martha Stinson (U.S. Census Bureau)
Chris Wignall (U.S. Census Bureau)
[View Abstract]
The Roles of Lifetime Employment, Earnings, and Living Costs in Model of Migration
Hubert P. Janicki (U.S. Census Bureau)
Mark J. Kutzbach (U.S. Census Bureau)
Adam Nowak (West Virginia University)
Danielle Sandler (U.S. Census Bureau)
[View Abstract]
Do Low Income Housing Tax Credits Provide Pathways to Better Neighborhoods? Evidence from a Clustered Regression Discontinuity Design
Quentin Brummet (U.S. Census Bureau)
Otavio Bartalotti (Iowa State University )
[View Abstract]
Discussants:
Gary Solon (University of Arizona)
Miles Corak (University of Ottawa)
Sarena Goodman (Federal Reserve Board)
Matthew Freedman (Drexel University)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra J
Union for Radical Political Economics
Meanings of Money: Considering Marx, Keynes, Sraffa, and Minsky (B5)
Presiding: Ann E. Davis (Marist College)
The Ontology of Money, The Monetary Circuit and the Sources of Profit
John Smithin (York University)
[View Abstract] [Download Preview] [Download PowerPoint]
The Sociology of Money and Economic Development: A Critique of Metallist Views in Gunder Frank and World Systems
Matias Vernengo (Bucknell University)
David Fields (University of Utah)
[View Abstract]
Money and the Sraffian Tradition: Clarification and Assessment
Gary Mongiovi (St. John's University)
[View Abstract]
What is Money? The Theory of Endogenous Money from a Revolutionary Perspective
Louis-Philippe Rochon (Laurentian University)
[View Abstract]
Unaccountable Finance Beyond the Rule of National Law: How Shadow Banking has Transformed the Meaning of Money
Gary Dymski (Leeds University)
Mimoza Shibani (University of East London)
Susan Ozawa Perez (Protected Investors of America)
[View Abstract]
Discussants:
Ann E. Davis (Marist College)
Zdravka Todorova (Wright State University)
Fred Moseley (Mount Holyoke College)

Jan 04, 2016 2:30 pm, Marriott Marquis, Sierra K
Union for Radical Political Economics/National Economic Association
The Racial Gap and Wealth Accumulation (E2)
Presiding: Sue K. Stockly (Eastern New Mexico University)
“Twice as Hard for Half as Much": Wealth Privilege and the Racial Wealth Gap
Bob Williams (Guilford College)
[View Abstract] [Download Preview]
Relative Economic (Im)mobility: Revisiting the Intergenerational Drag Hypothesis
Cruz Caridad Bueno (Sienna College)
Darrick Hamilton (New School)
William A. Darity, Jr. (Duke University)
[View Abstract]
Native American Tribal Government’s Role in Fostering Asset Accumulation
Sue K. Stockly (Eastern New Mexico University)
Randall Akee (University of California-Los Angeles)
Jean-Marc Gandonou (Eastern New Mexico University)
[View Abstract]
Financial Literacy and Wealth Among Hispanics
Josephine Cruz Lugovskyy (Northwest Missouri State University)
Mary J. Lopez (Occidental College)
[View Abstract]
Discussants:
Rhonda Vonshay Sharpe (Bucknell University)
Marie T. Mora (University of Texas-Rio Grande Valley)
Gary A. Hoover (University of Oklahoma)
Ejindu Ume (Miami University)

Jan 04, 2016 4:45 pm, Hilton Union Square, Continental Ballroom 5 & 6
American Economic Association
Awards Ceremony and Presidential Address
Presiding: Robert Shiller (Yale University)
Richard Thaler (University of Chicago) Behavioral Economics: Past, Present and Future

Jan 04, 2016 4:45 pm, Parc 55, Market Street
Association for Comparative Economic Studies
Membership Meeting and Presidential Address
Presiding: Michael Alexeev (Indiana University)

Jan 04, 2016 4:45 pm, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Presidential Address: Frederic S. Lee (1949-2014) In Memorium
Presiding: Tae-Hee Jo (State University of New York-Buffalo State)
Tae-Hee Jo (State University of New York-Buffalo State) Frederic S. Lee (1949-2014): What If There Are No Conventional Price Mechanisms?

Jan 04, 2016 5:15 pm, Marriott Marquis, Sierra A
International Banking, Economics and Finance Association
Annual Membership Meeting and Presidential Address

Jan 04, 2016 5:30 pm, Marriott Marquis, Yerba Buena Salon 8
American Finance Association
Business Meeting and Presidential Address

Jan 04, 2016 6:00 pm, Marriott Marquis, Walnut
African Finance & Economics Association
Presidential Address and Board Meeting
Presiding: John Anyanwu (African Development Bank)
Yaw Nyarko (New York University)

Jan 04, 2016 6:00 pm, Marriott Marquis, Nob Hill
Chinese Economists Society
Annual Meeting and Presentations by Chinese Universities
Presiding: Wing Woo (University of California-Davis)

Jan 04, 2016 6:30 pm, Hilton Union Square, Imperial B
National Economic Association
Presidential Address
Presiding: Lisa Cook (Michigan State University)

Jan 04, 2016 8:00 pm, Hilton Union Square, Imperial A
American Economic Association
8th Annual Economics Humor Session in Honor of Caroline Postelle Clotfelter
Presiding: Yoram Bauman (standupeconomist.com)
Fish and Missing Markets: Extending Revealed and Stated Preference Methods to Salmon
Andy Keeler (East Carolina University and University of North Carolina Coastal Studies Institute)
Home Economics
Jodi Beggs (Northeastern University and Economists Do It With Models)
The Funniest Papers in the History of Economics
Yoram Bauman (standupeconomist.com)


Jan 05, 2016

Jan 05, 2016 8:00 am, Hilton Union Square, Imperial A
American Economic Association
Advances in Open Macroeconomics: Frictions in Goods and Financial Markets (F4, F3)
Presiding: Emmanuel Farhi (Harvard University)
Labor Mobility Within Currency Unions
Emmanuel Farhi (Harvard University)
Ivan Werning (Massachusetts Institute of Technology)
[View Abstract]
Cross-Border Equity Holdings and External Accounts
Anna Pavlova (London Business School)
Roberto Rigobon (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
International Shocks and Domestic Prices: How Large Are Strategic Complementarities?
Mary Amiti (Federal Reserve Bank of New York)
Oleg Itskhoki (Princeton University)
Jozef Konings (KU Leuven)
[View Abstract]
International Relative Prices: Evidence from Online Retailers in Seven Countries
Brent Neiman (University of Chicago)
Alberto Cavallo (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Ricardo Reis (Columbia University)
Matteo Maggiori (Harvard University)
Ariel Burstein (University of California-Los Angeles)
Yuriy Gorodnichenko (University of California-Berkeley)

Jan 05, 2016 8:00 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Chinese Housing Market: Facts and Consequences (R1, E3)
Presiding: Hanming Fang (University of Pennsylvania)
Demystifying the Chinese Housing Boom
Hanming Fang (University of Pennsylvania)
Quanlin Gu (Peking University)
Wei Xiong (Princeton University)
Li-An Zhou (Peking University)
[View Abstract] [Download Preview]
Evaluating the Risk of Chinese Housing Market: What We Know and What We Need to Know
Yongheng Deng (National University of Singapore)
Joseph Gyourko (University of Pennsylvania)
Jing Wu (Tsinghua University)
[View Abstract] [Download Preview]
The Great Wall of Debt: Corruption, Real Estate, and Chinese Local Government Credit Spreads
Andrew Ang (Columbia University)
Jie Bai (Georgetown University)
Hao Zhou (Tsinghua University)
[View Abstract] [Download Preview]
The Great Housing Boom of China
Kaiji Chen (Emory University)
Yi Wen (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
Discussants:
Yongheng Deng (National University of Singapore)
Kaiji Chen (Emory University)
Zhiguo He (University of Chicago)
Zheng Michael Song (University of Chicago and Chinese University of Hong Kong)

Jan 05, 2016 8:00 am, Hilton Union Square, Yosemite A
American Economic Association
Financial History and Asset Pricing (G1, N2)
Presiding: David Chambers (University of Cambridge )
Testing Asset Pricing Theory on Six Hundred Years of Stock Returns: Prices and Dividends for the Bazacle Company from 1372 to 1946
David le Bris (KEDGE Business School)
William N. Goetzmann (Yale University)
Sébastien Pouget (Toulouse School of Economics)
[View Abstract]
Four Centuries of Return Predictability
Benjamin Golez (University of Notre Dame)
Peter Koudijs (Stanford University)
[View Abstract] [Download Preview]
Recreating the South Sea Bubble: Lessons from an Experiment in Financial History
Giovanni Giusti (Universitat Pompeu Fabra)
Charles Noussair (Tilburg University)
Hans-Joachim Voth (University of Zurich)
[View Abstract] [Download Preview]
Art as an Asset and Keynes the Collector
David Chambers (University of Cambridge)
Elroy Dimson (University of Cambridge)
Christophe Spaenjers (HEC Paris)
[View Abstract] [Download Preview]
Discussants:
Ralph Koijen (London Business School)
Stijn Van Nieuwerburgh (New York University)
Stefan Nagel (University of Michigan)
Tim Jenkinson (University of Oxford)

Jan 05, 2016 8:00 am, Hilton Union Square, Continental – Parlor 9
American Economic Association
Gender Differences in Career Outcomes (J1, J7)
Presiding: Lise Vesterlund (University of Pittsburgh)
Gender Dynamics in Referral-Based Hiring: A Field Experiment
Anna Sandberg (Stockholm University)
Karin Hederos Eriksson (Stockholm University)
Lukas Kvissberg (Stockholm School of Economics)
Erik Polano (Stockholm School of Economics)
[View Abstract] [Download Preview]
Does Gender Matter for Academic Promotion? Evidence from Two Large Scale Randomized Natural Experiments
Manuel Bagues (Aalto University Helsinki)
Natalia Zinovyeva (Aalto University Helsinki)
[View Abstract] [Download Preview]
Gender Bias in Performance Evaluations
Friederike Mengel (University of Essex)
Jan Sauermann (Stockholm University)
Ulf Zölitz (Institute for the Study of Labor (IZA))
[View Abstract] [Download Preview]
Dynamic Evolution of Individual Willingness to Compete
Thomas Buser (University of Amsterdam)
[View Abstract]
Discussants:
Katherine Coffman (Ohio State University)
Scott Carrell (University of California-Davis)
Eszter Czibor (University of Chicago)
Johanna Mollerstrom (George Mason University)

Jan 05, 2016 8:00 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Inequality, Redistribution and Macroeconomic Instability (E1, E2)
Presiding: Romain Ranciere (Paris School of Economics)
Inequality and Risky Credit Bubble
Toan Phan (University of North Carolina)
Julien Bengui (University of Montreal)
[View Abstract] [Download Preview]
Sovereign Default, Inequality, and Progressive Taxation
Axelle Ferriere (New York University)
[View Abstract] [Download Preview]
Financial Innovation for Rent Extraction
Anton Korinek (Johns Hopkins University)
[View Abstract] [Download Preview]
Income Inequality and Current Account Imbalances
Michael Kumhof (International Monetary Fund)
Claire Lebarz (Paris School of Economics)
Romain Ranciere (Paris School of Economics)
Alexander W. Richter (Indiana University)
Nathaniel A. Throckmorton (College of William and Mary)
[View Abstract] [Download Preview]
Discussants:
Kevin J. Lansing (Federal Reserve Bank of San Francisco)
Juan M. Sanchez (Federal Reserve Bank of St Louis)
Alessandro Dovis (Pennsylvania State University)
Thomas Theobald (Macroeconomic Policy Institute)

Jan 05, 2016 8:00 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Job Polarization and Biased Technological Change (J2, O3)
Presiding: Ariell Reshef (University of Virginia)
Routinization across Sectors: Theory and Evidence
Maarten Goos (University of Leuven )
Emilie Rademakers (University of Leuven )
Anna Salomons (Utrecht University)
Marieke Vandeweyer (University of Leuven)
[View Abstract] [Download Preview]
Job Polarization and Structural Change
Zsofia Barany (Sciences-Po)
Christian Siegel (University of Exeter Business School)
[View Abstract] [Download Preview]
Robots at Work
Guy Michaels (London School of Economics)
Georg Graetz (Uppsala University)
[View Abstract] [Download Preview]
The March of the Techies: Technology, Trade, and Job Polarization in France, 1994--2007
James Harrigan (University of Virginia)
Ariell Reshef (University of Virginia)
Farid Toubal (ENS-Cachan)
[View Abstract] [Download Preview]
Discussants:
David Autor (Massachusetts Institute of Technology)
David Dorn (University of Zurich)
Thomas Lemieux (University of British Columbia)
Stephen Machin (University College London)

Jan 05, 2016 8:00 am, Hilton Union Square, Plaza B
American Economic Association
Labor Markets with Occupational Licensing: Their Economic Effects (J4)
Presiding: Alexandre Mas (Princeton University)
Battling over Jobs: Occupational Licensing in Health Care
Morris M. Kleiner (University of Minnesota)
[View Abstract]
Lifecycle Costs of Entry Barriers to the Legal Profession
Clifford Winston (Brookings Institution)
[View Abstract] [Download Preview]
Disruptive Change in the Taxi Business: The Case of Uber
Alan B. Krueger (Princeton University)
[View Abstract] [Download Preview]
Discussants:
Paul Joskow (Sloan Foundation and Massachusetts Institute of Technology)
Jesse Rothstein (University of California-Berkeley)

Jan 05, 2016 8:00 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
Macroprudential Policy (E5, G2)
Presiding: Hyun Song Shin (Bank for International Settlements)
The Use and Effectiveness of Macroprudential Policies: New Evidence
Eugenio Cerutti (International Monetary Fund)
Stijn Claessens (Federal Reserve Board)
Luc Laeven (European Central Bank)
[View Abstract] [Download Preview]
Higher Bank Capital Requirements and Mortgage Pricing: Evidence from the Countercyclical Capital Buffer (CCB)
Cathérine Koch (Bank for International Settlements)
Christoph Carl Basten (FINMA)
[View Abstract] [Download Preview]
Macroprudential and Monetary Policy: Loan-Level Evidence from Reserve Requirements
Cecilia Dassatti Camors (Banco Central de Uruguay)
Jose Luis Peydro (Universitat Pompeu Fabra)
Francesc Rodriguez-Tous (Universitat Pompeu Fabra)
[View Abstract] [Download Preview]
How Does Credit Supply Respond to Monetary Policy and Bank Minimum Capital Requirements?
Shekhar Aiyar (International Monetary Fund)
Charles Calomiris (Columbia University)
Tomasz Wieladek (Bank of England)
[View Abstract]
Discussants:
Steven Ongena (University of Zurich)
James Vickery (Federal Reserve Bank of New York)
Ricardo Correa (Federal Reserve Board)
Markus K. Brunnermeier (Princeton University)

Jan 05, 2016 8:00 am, Hilton Union Square, Franciscan D
American Economic Association
Market Design for Student Placement: Econometrics and Empirical Evidence (I2, D4)
Presiding: Bernard Salanie (Columbia University)
Demand Analysis Using Strategic Reports: An Application to a School Choice Mechanism
Nikhil Agarwal (Massachusetts Institute of Technology)
Paulo Somaini (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Structural Estimation of a Model of School Choices: The Boston Mechanism Versus Its Alternatives
Caterina Calsamiglia (Universitat Autonoma de Barcelona)
Chao Fu (University of Wisconsin-Madison)
Maia Güell (University of Edinburgh, London School of Economics, CEPR, FEDEA, and IZA)
[View Abstract]
College Choice Allocation Mechanisms: Structural Estimates and Counterfactuals
Carvalho Jose Raimundo (Universidade Federal do Ceará)
Thierry Magnac (Toulouse School of Economics)
Qizhou Xiong (Toulouse School of Economics)
[View Abstract] [Download Preview]
Beyond Truth-Telling: Preference Estimation with Centralized School Choice
Gabrielle Fack (Université Paris 1 and Paris School of Economics)
Julien Grenet (Paris School of Economics)
Yinghua He (Toulouse School of Economics)
[View Abstract] [Download Preview]
Discussants:
Christopher A. Neilson (Princeton University)
Jeremy Fox (University of Michigan)
Alfred Galichon (Sciences Po Paris)
Bernard Salanie (Columbia University)

Jan 05, 2016 8:00 am, Hilton Union Square, Franciscan C
American Economic Association
Motherhood and the Labor Market (J1)
Presiding: Kevin Lang (Boston University)
Social Norms, Labor Market Opportunities, and the Marriage Market Penalty for Skilled Women
Jessica Pan (National University of Singapore)
Marianne Bertrand (University of Chicago )
Patricia Cortes (Boston University)
Claudia Olivetti (Boston University)
[View Abstract] [Download Preview]
Employment Adjustments Around Childbirth: How Mothers Smooth their Careers
Barbara Pertold-Gebicka (Charles University in Prague)
Nabanita Datta Gupta (Aarhus University)
Filip Pertold (CERGE-EI)
[View Abstract] [Download Preview]
The Role of Paid Parental Leave in Reducing Women's Career Interruptions: Evidence from Paid Leave Laws in California and New Jersey
Tanya Byker (Middlebury College)
[View Abstract] [Download Preview]
Can Financial Incentives Reduce the Baby Gap? Evidence from a Reform in Maternity Leave Benefits
Anna Raute (University of Mannheim)
[View Abstract]
Discussants:
Carolina Castilla (Colgate University)
Núria Rodríguez-Planas (City University of New York-Queens College)
Christopher J. Ruhm (University of Virginia)
Kevin Lang (Boston University)

Jan 05, 2016 8:00 am, Hilton Union Square, Plaza A
American Economic Association
Physiology and Economics (D8)
Presiding: Justin Sydnor (University of Wisconsin-Madison)
Testosterone and Trading: A Biological Driver of Asset Mispricing
Amos Nadler (University of Western Ontario)
Peiran Jiao (University of Oxford)
Veronika Alexander (Claremont Colleges)
Paul J. Zak (Claremont Colleges)
Cameron J. Johnson (Loma Linda University)
[View Abstract]
The Effect of Arousal on Economic Decision Making
Salar Jahedi (RAND Corporation)
Dan Ariely (Duke University)
Cary Deck (University of Alaska-Anchorage)
[View Abstract]
Sleepiness, Choice Consistency and Risk Preferences
Marco Castillo (George Mason University)
Ragan Petrie (George Mason University)
David L. Dickinson (Appalachian State University and IZA)
[View Abstract] [Download Preview]
The Effect of Stress on Inter-Temporal Choice: Do Stress Domains Matter?
Johannes Haushofer (Princeton University)
Chaning Jang (Princeton University)
[View Abstract] [Download Preview]
Hunger Games: Does Hunger Affect Time Preferences?
Lydia Ashton (University of Wisconsin-Madison)
[View Abstract]
Discussants:
Colin F. Camerer (California Institute of Technology)
David Laibson (Harvard University)

Jan 05, 2016 8:00 am, Hilton Union Square, Golden Gate 5
American Economic Association
Political Economy (D7)
Presiding: William D. Ferguson (Grinnell College)
How Does Petty Corruption Affect Tax Morale in Sub-Saharan Africa? An Empirical Analysis
Bjoern Jahnke (Leibniz University-Hannover)
[View Abstract]
Price Discrimination across Political Action Committees
Sarah Moshary (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Incumbents' Performance and Political Polarization
Marina Dodlova (German Institute of Global and Area Studies)
Galina Zudenkova (University of Mannheim)
[View Abstract] [Download Preview]
Quiet Riot: Estimating a Causal Effect of Protest Violence
Emiliano Huet-Vaughn (Middlebury College)
[View Abstract] [Download Preview]
Optimal Size of Rebellions
Congyi Zhou (University of Chicago)
[View Abstract] [Download Preview]

Jan 05, 2016 8:00 am, Hilton Union Square, Imperial B
American Economic Association
Predictive Cities (H7, C1)
Presiding: Edward L. Glaeser (Harvard University)
Crowdsourcing City Government: Using Tournaments to Improve Inspection Accuracy
Edward L. Glaeser (Harvard University)
Andrew Hillis (Harvard University)
Scott Duke Kominers (Harvard University)
Michael Luca (Harvard University)
[View Abstract]
Personalized Risk Assessments in the Criminal Justice System
Sharad Goel (Stanford University)
Justin M. Rao (Microsoft Research)
Ravi Shroff (New York University)
[View Abstract] [Download Preview]
Using Wide Data to Target Crime Control
Aaron Chalfin (University of Chicago)
Zubin Jelveh (New York University)
Michael Luca (Harvard University)
Jens Ludwig (University of Chicago)
[View Abstract]
StreetScore: Quantifying Urban Perception using Computer Vision and Crowdsourcing
Nikhil Naik (Massachusetts Institute of Technology)
Jade Philipoom (Massachusetts Institute of Technology)
Ramesh Raskar (Massachusetts Institute of Technology)
Cesar Hidalgo (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Susan Athey (Stanford University)

Jan 05, 2016 8:00 am, Hilton Union Square, Continental – Parlor 2
American Economic Association
Pricing and Quantity Puzzles in International Trade and Macroeconomics (F1, F4)
Presiding: Giancarlo Corsetti (University of Cambridge)
Trade Adjustment Dynamics and the Welfare Gains from Trade
George Alessandria (Rochester University)
Horag Choi (Monash University)
Kim Ruhl (New York University)
[View Abstract] [Download Preview]
Ricardian Exchange Rate Redux
Matthieu Bussiere (Banque de France)
Guillaume Gaulier (Banque de France)
Maurice Obstfeld (University of California-Berkeley)
Katheryn N. Russ (University of California-Davis)
[View Abstract]
From Micro to Macro: Demand and Supply-Side Determinants of the Trade Elasticity
Maria Bas (CEPII)
Thierry Mayer (Sciences Po)
Mathias Thoenig (University of Lausanne)
[View Abstract] [Download Preview]
International Competitiveness and Monetary Policy
Giancarlo Corsetti (University of Cambridge)
Paul R. Bergin (University of California-Davis)
[View Abstract] [Download Preview]
Discussants:
Robert C. Feenstra (University of California-Davis)
Fabio Ghironi (University of Washington)
Jonathan Eaton (Brown University)
Javier Cravino (University of Michigan)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 21
American Economic Association
Recessions, Youth Unemployment, and the Welfare State (J6, H1)
Presiding: Tito Boeri (Bocconi)
The Role of Job Mobility and Shocks in Young Workers' Careers
Till von Wachter (University of California-Los Angeles)
Benjamin S. Smith (University of California-Los Angeles)
Jae Song (Social Security Administration)
[View Abstract]
Youth Unemployment and Employment Legislation Protection
Pierre Cahuc (CREST and Ecole Polytechnique)
Franck Malherbet (Université de Rouen)
Julien Prat (CREST)
[View Abstract] [Download Preview]
Dualism, Safety Nets and Poverty: a Stress Test of the Welfare State
Tito Boeri (Bocconi University)
Paolo Pinotti (Bocconi University)
[View Abstract]

Jan 05, 2016 8:00 am, Hilton Union Square, Golden Gate 8
American Economic Association
Technical Change and Labor Markets in History (O3)
Presiding: Robert Margo (Boston University)
Time for Growth
Lars Boerner (London School of Economics)
Battista Severgnini (Copenhagen Business School)
[View Abstract] [Download Preview]
Off the Waterfront: The Long-Run Impact of Technological Change on Dock Workers
Zouheir El-sahli (Lund University (Sweden))
Richard Upward (University of Nottingham)
[View Abstract] [Download Preview]
Local Effects of a Military Spending Shock: Evidence from Shipbuilding in the 1930s and 1940s
Christopher Biolsi (University of Houston)
[View Abstract] [Download Preview]
The Local Economic Impacts of Military Personnel Contractions
Ben Zou (University of Maryland)
[View Abstract] [Download Preview]

Jan 05, 2016 8:00 am, Hilton Union Square, Yosemite B
American Economic Association
The Economics of Peer to Peer Markets (D2)
Presiding: John Joseph Horton (New York University)
Peer-to-Peer Rental Markets: Some Simple Economics of the “Sharing Economy”
John Joseph Horton (New York University)
Richard Zeckhauser (Harvard University)
[View Abstract]
Market Structure with the Entry of Peer-to-Peer Platforms: The Case of Hotels and Airbnb
Chiara Farronato (Harvard Business School)
Andrey Fradkin (Massachusetts Institute of Technology)
[View Abstract]
Outsourcing Tasks Online: Matching Supply and Demand on Peer-to-Peer Internet Platforms
Zoe Cullen (Stanford University)
Chiara Farronato (Harvard Business School)
[View Abstract] [Download Preview]
Peer-to-Peer Rental Markets in the Sharing Economy
Samuel Fraiberger (New York University)
Arun Sundararajan (New York University)
[View Abstract] [Download Preview]
Discussants:
Hal Varian (Google)
Chris Nosko (University of Chicago)
Tom Blake (eBay)
Jonathan Hall (Uber Technologies)

Jan 05, 2016 8:00 am, Hilton Union Square, Continental Parlors 7 & 8
American Economic Association
Trade and Growth (F1, O1)
Presiding: John Van Reenen (London School of Economics)
Trade Collapse and Policy Uncertainty in the Great Recession
Jeronimo Carballo (University of Colorado)
Kyle Handley (University of Michigan)
Nuno Limão (University of Maryland)
[View Abstract] [Download Preview]
Commuting, Migration and Local Employment Elasticities
Ferdinando Monte (Johns Hopkins University)
Stephen J. Redding (Princeton University)
Esteban Rossi-Hansberg (Princeton University)
[View Abstract] [Download Preview]
Nonparametric Counterfactual Predictions in Neoclassical Models of International Trade
David Donaldson (Stanford University)
Rodrigo Adao (Massachusetts Institute of Technology)
Arnaud Costinot (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Managing Trade in China and the U.S.
Nicholas Bloom (Stanford University)
Kalina Manova (Stanford University)
Stephen Sun (Stanford University)
John Van Reenen (London School of Economics)
Zhihong Yu (University of Nottingham)
[View Abstract]

Jan 05, 2016 8:00 am, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
Using Information Technology to Improve Public Programs: Evidence from Asia, Africa, and Latin America (O1, H8)
Presiding: Karthik Muralidharan (University of California-San Diego)
Can E-Governance Reduce Capture of Public Programs? Experimental Evidence from a Financial Reform of India's Employment Guarantee
Abhijit Banerjee (Massachusetts Institute of Technology)
Esther Duflo (Massachusetts Institute of Technology)
Clement Imbert (Oxford University)
Santosh Mathew (Government of India)
Rohini Pande (Harvard University)
[View Abstract]
Pay for Locally Monitored Performance? A Welfare Analysis for Teacher Attendance in Uganda
Jacobus Cilliers (Georgetown University)
Ibrahim Kasirye (Economic Policy Research Center)
Clare Leaver (Oxford University)
Pieter Serneels (University of East Anglia)
Andrew Zeitlin (Georgetown University)
[View Abstract] [Download Preview]
General Equilibrium Effects of (Improving) Public Employment Programs: Experimental Evidence from India
Karthik Muralidharan (University of California-San Diego)
Paul Niehaus (University of California-San Diego)
Sandip Sukhtankar (Dartmouth College)
[View Abstract]
Discussants:
Paul Niehaus (University of California-San Diego)
Clement Imbert (Oxford University)
Ashok Kotwal (University of British Columbia)

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Bankruptcy and Distress (G3)
Presiding: Nittai Bergman (Massachusetts Institute of Technology)
Debtor Protection, Credit Redistribution, and Income Inequality
Hamid Boustanifar (BI Norwegian Business School)
Geraldo Cerqueiro (Universidade Católica Portuguesa)
Maria Penas (Tilburg University)
[View Abstract] [Download Preview]
Cashing Out: The Rise of M&A in Bankruptcy
Stuart Gilson (Harvard University)
Edie Hotchkiss (Boston College)
Matthew Osborn (Boston College)
[View Abstract]
Are US Industries Becoming More Concentrated?
Gustavo Grullon (Rice University)
Yelena Larkin (Pennsylvania State University)
Roni Michaely (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Felipe Severino (Dartmouth College)
Yaniv Grinstein (Cornell University and IDC Hertzliya)
Rajkamal Iyer (Massachusetts Institute of Technology)

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Banks, Downturns, and Disasters (G2)
Presiding: Philipp Schnabl (New York University)
Pledgeability, Industry Liquidity , and Financing Cycles
Douglas Diamond (University of Chicago)
Yunzhi Hu (University of Chicago)
Raghuram Rajan (University of Chicago and RBI)
[View Abstract] [Download Preview]
Forced Asset Sales and the Concentration of Outstanding Debt: Evidence from the Mortgage Market
Giovanni Favara (Federal Reserve Board)
Mariassunta Giannetti (Stockholm School of Economics)
[View Abstract] [Download Preview]
Aggregate Implications of Corporate Debt Choices
Nicolas Crouzet (Northwestern University)
[View Abstract]
Tracing Out Capital Flows: How Financially Integrated Banks Respond to Natural Disasters
Kristle Cortes (Federal Reserve Bank of Cleveland)
Philip Strahan (Boston College)
[View Abstract] [Download Preview]
Discussants:
Adriano Rampini (Duke University)
Amir Kermani (University of California-Berkeley)
Pablo Kurlat (Stanford University)
Andres Liberman (New York University )

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Behavioral Finance: Investor Behavior and Asset Prices (G1)
Presiding: Cary Frydman (University of Southern California)
Endowment Effects in the Field: Evidence from India's IPO Lotteries
Santosh Anagol (University of Pennsylvania)
Vimal Balasubramaniam (University of Oxford)
Tarun Ramadorai (University of Oxford)
[View Abstract] [Download Preview]
Asset Pricing with Horizon-Dependent Risk Aversion
Marianne Andries (Toulouse School of Economics)
Thomas Eisenbach (Federal Reserve Bank of New York)
Martin Schmalz (University of Michigan)
[View Abstract] [Download Preview]
Pre-Earnings Announcement Over-Extrapolation
Aytekin Ertan (London Business School)
Stephen Karolyi (Carnegie Mellon University)
Peter Kelly (Yale University)
Robert Stoumbos (Yale University)
[View Abstract]
Discussants:
Ulrike Malmendier (University of California-Berkeley)
Nikolai Roussanov (University of Pennsylvania)
Robin Greenwood (Harvard Business School)

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Competition, Contracting Frictions, and Commodity Markets: Implications for Asset Prices (G1)
Presiding: Frederico Belo (University of Minnesota and NBER)
The Globalization Risk Premium
Jean-Noel Barrot (Massachusetts Institute of Technology)
Erik Loualiche (Massachusetts Institute of Technology)
Julien Sauvagnat (ENSAE-CREST)
[View Abstract] [Download Preview]
Competition, Markups and Predictable Returns
Alexandre Corhay (University of British Columbia)
Howard Kung (London Business School)
Lukas Schmid (Duke University)
[View Abstract]
Carlstrom and Fuerst meets Epstein and Zin: The Asset Pricing Implications of Contracting Frictions
Joao Gomes (University of Pennsylvania)
Ram Yamarthy (University of Pennsylvania)
Amir Yaron (University of Pennsylvania)
[View Abstract]
Oil Consumption, Economic Growth, and Oil Futures
Robert Ready (University of Rochester)
[View Abstract] [Download Preview]
Discussants:
Maria Cecilia Bustamante (University of Maryland)
Francisco Palomino (University of Michigan)
Hengjie Ai (University of Minnesota)
Lars Lochstoer (Columbia University)

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
Corporate Control - Governance (G3)
Presiding: Alex Edmans (London Business School)
Do Long-Term Investors Improve Corporate Decision Making?
Jarrad Harford (University of Washington)
Ambrus Kecskes (York University)
Sattar Mansi (Virginia Tech)
[View Abstract] [Download Preview]
Wolf Pack Activism
Alon Brav (Duke University)
Amil Dasgupta (London School of Economics)
Richmond Mathews (University of Maryland)
[View Abstract] [Download Preview]
Donor Governance and Financial Management in Prominent U.S. Art Museums
David Yermack (New York University)
[View Abstract] [Download Preview] [Download PowerPoint]
Board Groupthink
Jeffrey Coles (University of Utah)
Naveen Daniel (Drexel University)
Lalitha Naveen (Temple University)
[View Abstract] [Download Preview]
Discussants:
Andrew Winton (University of Minnesota)
Amy Dittmar (University of Michigan)
Michael Weisbach (Ohio State University)
David Denis (University of Pittsburgh)

Jan 05, 2016 8:00 am, Marriott Marquis, Nob Hill A & B
American Finance Association
Hedge Funds (G1)
Presiding: Bing Liang (University of Massachusetts-Amherst)
The Capacity of Trading Strategies
Augustin Landier (Toulouse School of Economics)
David Thesmar (HEC and CEPR)
[View Abstract] [Download Preview] [Download PowerPoint]
The Role of Hedge Funds in the Security Price Formation Process
Charles Cao (Pennsylvania State University)
Yong Chen (Texas A&M University)
William N. Goetzmann (Yale University)
Bing Liang (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]
Arbitrage Trading: The Long and the Short of it
Yong Chen (Texas A&M University)
Zhi Da (University of Notre Dame)
Dayong Huang (University of North Carolina-Greensboro)
[View Abstract] [Download Preview]
Volatility of Aggregate Volatility and Hedge Fund Returns
Vikas Agarwal (Georgia State University)
Yakup Arisoy (Université Paris Dauphine)
Narayan Y Naik (London Business School)
[View Abstract] [Download Preview]
Discussants:
Lasse Pedersen (Copenhagen Business School and New York University)
David McLean (DePaul University)
Byoung-Hyoun Hwang (Cornell University)
Gurdip Bakshi (University of Maryland)

Jan 05, 2016 8:00 am, Marriott Marquis, Nob Hill C & D
American Finance Association
Networks and Local Knowledge (G1)
Presiding: Johan Walden (University of California-Berkeley)
Network Centrality and Pension Fund Performance
David Blake (Pensions Insitute)
Alberto Rossi (University of Maryland-College Park)
Allan Timmermann (University of California-San Diego)
Ian Tonks (University of Bath)
Russ Wermers (University of Maryland)
[View Abstract] [Download Preview]
The Risk Sharing Benefit Versus the Collateral Cost: The Formation of the Inter-Dealer Network in Over-the-Counter Trading
Zhuo Zhong (University of Melbourne)
[View Abstract]
Social Network, Herding and Competition
Henry Cao (Cheung Kong Graduate School of Business)
Dongyan Ye (Cheung Kong Graduate School of Business)
[View Abstract] [Download Preview]
Local Information Advantage, Investor Attention and Stock Returns
Yuqin Huang (Central University of Finance and Economics)
Tong Li (Peking University)
[View Abstract]
Discussants:
Ankur Pareek (Rutgers University)
Peter Kondor (London School of Economics)
Paolo Colla (Bocconi University)
M. Deniz Yavuz (Purdue University)

Jan 05, 2016 8:00 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Uncovering Alpha: Informed Traders across the World (G1)
Presiding: Lauren Cohen (Harvard Business School)
Sparse Signals in the Cross-Section of Returns
Alexander Chinco (University of Illinois-Urbana-Champaign)
Adam Clark-Joseph (University of Illinois)
Mao Ye (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview]
Home Bias Abroad: Domestic Industries and Foreign Portfolio Choice
David Schumacher (McGill University)
[View Abstract] [Download Preview]
Are Friday announcements special? Overcoming selection bias
Roni Michaely (Cornell University)
Amir Rubin (Simon Fraser University)
Alexander Vedrashko (Simon Fraser University)
[View Abstract] [Download Preview]
Longs, Shorts, and the Cross-Section of Stock Returns
Mahdi Nezafat (Michigan State University)
Tao Shen (Tsinghua University)
Qinghai Wang (University of Wisconsin-Milwaukee)
Juan (Julie) Wu (University of Georgia)
[View Abstract]
Discussants:
Bryan Kelly (University of Chicago)
Huaizhi Chen (London School of Economics)
Stefano DellaVigna (University of California-Berkeley)
Karl Diether (Dartmouth College)

Jan 05, 2016 8:00 am, Parc 55, Powell I
American Real Estate & Urban Economic Association
Empirical Methods for Housing Markets (R3, C1)
Presiding: Edward Coulson (University of Nevada-Las Vegas)
Error Correction Models of MSA Housing
Serguei Chervachidze (CBRE Economic Advisors)
Gleb Nechayev (Berkshire Group)
William Wheaton (Massachusetts Institute of Technology)
[View Abstract]
Cointegration of Matched Home Purchases and Rental Price Indexes
Jing Li (Singapore Management University)
Badi Baltagi (Syracuse University)
[View Abstract] [Download Preview]
The Repeat Time-On-The-Market Index
Paul Carrillo (George Washington University)
Benjamin Williams (George Washington University)
[View Abstract] [Download Preview] [Download PowerPoint]
Supply Constraints Are Not Valid Instrumental Variables for Home Prices Because They Are Correlated With Many Demand Factors
Thomas Davidoff (University of British Columbia)
[View Abstract] [Download Preview]
Discussants:
Joshua Gallin (Federal Reserve Board)
Tien Foo Sing (National University of Singapore)
Jiro Yoshida (Pennsylvania State University)
Albert Saiz (Massachusetts Institute of Technology)

Jan 05, 2016 8:00 am, Parc 55, Powell II
American Real Estate & Urban Economic Association
Portfolio Choice (R3, G1)
Presiding: Shaun Bond (University of Cincinnati)
Reducing the Impact of Real Estate Foreclosures with Amortizing Participation Mortgages
Rafal Wojakowski (University of Surrey)
M. Shahid Ebrahim (Durham University)
Mark Shackleton (Lancaster University)
[View Abstract]
Optimal Portfolio Choices and the Determination of Housing Rents in the Context of Price Uncertainty
Xiaoying Deng (Wuhan University)
Gangzhi Fan (Konkuk University)
Seow Eng Ong (National University of Singapore)
Ming Pu (Southwestern University of Finance and Economics)
[View Abstract] [Download Preview]
Employment Status, Income Stability, and Mortgage Default
Meagan McCollum (Baruch College)
[View Abstract]
Portfolio Choice with House Value Misperception
Carles Vergara-Alert (IESE Business School)
Stefano Corradin (European Central Bank)
Jose Fillat (Federal Reserve Bank of Boston)
[View Abstract] [Download Preview]
Discussants:
Robert Van Order (George Washington University)
Jamie Alcock (University of Sydney)
Meta Brown (Federal Reserve Bank of New York)
Mehmet Saglam (University of Cincinnati)

Jan 05, 2016 8:00 am, Parc 55, Divisadero
Association for Comparative Economic Studies
Money, Income and Exchange Rates in Transition Economies (E5, F3)
Presiding: Byung-Yeon Kim (Seoul National University)
Assessing Inflation Uncertainty in the Three Transitional Central and East European Countries: The Weighted Skew Normal Distribution Approach
Wojciech Charemza (University of Leicester)
Carlos Díaz (University of Leicester)
Svetlana Makarova (University College London)
[View Abstract] [Download Preview]
The Impact of Economic Sanctions and Oil Prices on the Ruble and Hryvnia
Jarko Fidrmuc (Zeppelin University)
Christian Dreger (DIW Berlin)
Konstantin Kholodilin (DIW Berlin)
Dirk Ulbricht (DIW Berlin)
[View Abstract] [Download Preview] [Download PowerPoint]
Russian Monetary Policy Rules: Taylor Versus McCallum?
Iikka Korhonen (Bank of Finland)
Riikka Nuutilainen (Bank of Finland)
[View Abstract]
Regional Wage Differentials in Poland
Thomas Hyclak (Lehigh University)
Vera Adamchik (University of Houston-Victoria)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Thomas Hyclak (Lehigh University)
Martin Stuermer (Federal Reserve Bank of Dallas)
Michael Plante (Federal Reserve Bank of Dallas)
Wojciech Charemza (University of Leicester)

Jan 05, 2016 8:00 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Historical Analysis of Institutions (B5, B2)
Presiding: Tae-Hee Jo (State University New York-Buffalo State)
Inside the Institutions of Organization of Institutional Economics: Why Are There Two Institutionalist Associations?
Felipe Almeida (Federal University of Paraná-Brazil)
Eduardo Angeli (Federal University of Paraná-Brazil)
[View Abstract] [Download Preview]
"Institutions" in Development: Divergences, Congruities and the Case for a Common Taxonomy
Tara Natarajan (Saint Michaels College)
Wayne Edwards (University of Hartford)
[View Abstract]
Wallace Peterson: Post-Keynesian Institutionalist
Charles J. Whalen (Congressional Budget Office)
[View Abstract]
An Intellectual History of Post-Keynesian Theory of Endogenous Money after Keynes
Louis-Philippe Rochon (Laurentian University)
[View Abstract]
Commodity Futures Market: Analysis of a Capitalist Institution from Heterodox Perspectives
Ted P. Schmidt (State University New York-Buffalo State)
[View Abstract] [Download Preview]
Discussants:
Tae-Hee Jo (State University New York-Buffalo State)
Robert Dimand (Brock University)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
The Economics of Water Pollution (Q5)
Presiding: Joseph S. Shapiro (Yale University)
Consequences of the U.S. Clean Water Act and the Demand for Water Quality
Joseph S. Shapiro (Yale University)
David Keiser (Iowa State University)
[View Abstract]
Does Water Quality Matter? Evidence from Micro Panel Data
Joseph Herriges (Michigan State University)
Daniel Phaneuf (University of Wisconsin)
Catherine Kling (Iowa State University)
[View Abstract]
Has Surface Water Quality Improved Since the Clean Water Act?
Kerry Smith (Arizona State University)
Carlos Valcarcel (Arizona State University)
[View Abstract]
The Effectiveness of Overlapping Pollution Regulation: Evidence from the Ban on Phosphate in Dishwasher Detergent
David Keiser (Iowa State University)
Alex Cohen (Yale University)
[View Abstract] [Download Preview]
Discussants:
Sheila Olmstead (University of Texas-Austin)
Michael Hanemann (Arizona State University)
Maureen Cropper (University of Maryland)
Maximilian Auffhammer (University of California-Berkeley)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 19
Econometric Society
Ancient States and Civilizations (A1)
Presiding: Luigi Pascali (Warwick University)
The Paradox of Civilization. Pre-Institutional Sources of Security and Prosperity
Pablo Hernandez (New York University)
Ernesto Dal Bo (University of California, Berkeley)
Sebastian Mazzuca (Johns Hopkins)
[View Abstract] [Download Preview]
Cereals, Appropriability, and Hierarchy
Omer Moav (University of Warwick)
Joram Mayshar (Hebrew University of Jerusalem)
Zvika Neeman (Tel Aviv University)
Luigi Pascali (Warwick University)
[View Abstract] [Download Preview]
Climate-Driven Technical Change: Seasonality and the Invention of Agriculture
Andrea Matranga (New Economic School)
[View Abstract] [Download Preview]

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 20
Econometric Society
Health in Developing Economies (A1)
Presiding: Simone Schaner (Dartmouth College)
Troubled Waters? Pollution, Legislation and Child Mortality in India
Shareen Joshi (Georgetown University)
Quy-Toan Do (World Bank)
[View Abstract]
Abolishing User Fees, Fertility Choice, and Educational Attainment
Shinsuke Tanaka (Tufts University)
Takahiro Ito (Kobe University)
[View Abstract] [Download Preview]
ARV Treatment, Selection into Testing and Clinic Spillovers
Susan Godlonton (Williams College)
[View Abstract]

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 14
Econometric Society
Multi-Product Search (A1)
Presiding: Garth Baughman (University of Pennsylvania)
Dispersion in Relative Prices: Evidence and Theory
Leena Rudanko (Federal Reserve Bank of Philadelphia)
Greg Kaplan (Princeton University)
Guido Menzio (University of Pennsylvania)
Nicholas Trachter (Federal Reserve Bank of Richmond)
[View Abstract] [Download Preview]
Consumer Search and Retail Market Structure
Andrew Rhodes (Toulouse School of Economics)
Jidong Zhou (Yale University)
[View Abstract] [Download Preview]
Noisy Search for Multiple Products
Kenneth Burdett (University of Pennsylvania)
Garth Baughman (U Pennsylvania)
[View Abstract]
Rational Buyers Search When Prices Increase
Luis Cabral (New York University)
Sonia Gilbukh (New York University)
[View Abstract]

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 15
Econometric Society
Search and Matching Markets with Informational Asymmetries (A1)
Presiding: Benoit Julien (University of New South Wales)
Frictional Goods Markets: Theory and Applications
Michael Choi (University of Iowa)
Zachary Bethune (University of Virginia)
Randall Wright (U Wisconsin)
[View Abstract] [Download Preview]
Posted Prices, Search and Bargaining
Derek Stacey (Ryerson University)
[View Abstract] [Download Preview]
Competitive Search Equilibrium and Moral Hazard
Guillaume Roger (University of Sydney)
Benoit Julien (UNSW Australia, UNSW Business School)
[View Abstract] [Download Preview]
Markets with Multidimensional Private Information
Veronica Guerrieri (University of Chicago)
Robert Shimer (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Sephorah Mangin (Monash University)
Benoit Julien (University of New South Wales)
Ronald Wolthoff (University of Toronto)
Kyungmin Kim (University of Iowa)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 16
Econometric Society
Topics in Industrial Organization (A1)
Presiding: John Lazarev (New York University)
Research Proximity and Productivity: Long-Term Evidence From Agriculture
Alexander Whalley (University of California-Merced)
Shawn Kantor (Florida State University)
[View Abstract]
Input Allocation and Downstream Market Structure: The Unintended Consequences of Congestion Management in the Airline Industry
John Lazarev (New York University)
[View Abstract]
Experiments as a Bridge from Market Design Theory to Market Design Practice: Changing the Course Allocation Mechanism at Wharton
Eric Budish (University of Chicago)
Judd Kessler (The Wharton School, University of Pennsy)
[View Abstract] [Download Preview]
Measuring the Bias of Technological Change
Ulrich Doraszelski (University of Pennsylvania)
[View Abstract] [Download Preview]

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 3 & 4
Health Economics Research Organization/American Economic Association
Evidence on Health Spending Growth and Slowdown Using Medicaid, Medicare, and Household Data (I1, H5)
Presiding: Donald E. Yett (University of Southern California)
Medicaid Expansions and Health Spending Growth
Amanda Kowalski (Yale University)
Mikhail Golosov (Princeton University)
[View Abstract] [Download Preview] [Download PowerPoint]
Measuring the Incremental Benefit of Medicare Expenditures: Evidence from the Healthcare Cost Slowdown
Amitabh Chandra (Harvard University)
Carrie Colla (Dartmouth College)
Jonathan Skinner (Dartmouth College)
[View Abstract]
Is Recession Responsible for Reducing the Growth of Medical Care Spending? Evidence from Household Data
Asako Moriya (Agency for Healthcare Research and Quality)
Lan Liang (Agency for Healthcare Research and Quality)
Kosali Simon (Indiana University)
[View Abstract]
Discussants:
Martin Gaynor (Carnegie Mellon University)
Joshua Gottlieb (University of British Columbia)
M. Kate Bundorf (Stanford University)

Jan 05, 2016 8:00 am, Parc 55, Balboa
Labor & Employment Relations Association
Work Schedules: New Options, New Problems for Workers (J2)
Presiding: Eileen Appelbaum (Center for Economic Policy Research)
The Impact of Full-day Kindergarten Reform on Maternal Labour Supply
Tingting Zhang (University of Toronto)
Elizabeth Dhuey (University of Toronto)
Jessie Lamontagne (University of Toronto)
[View Abstract] [Download Preview]
Work Schedule Instability and Underemployment in Canada
Elaine McCrate (University of Vermont)
Susan J. Lambert (University of Chicago)
Julia R. Henly (University of Chicago)
[View Abstract]
Free to Flex? Work Practices and Career Consequences in an IT Workplace
Erin Kelly (Massachusetts Institute of Technology)
Anne Kaduk (University of Minnesota)
Katie Genadek (University of Minnesota)
Phyllis Moen (University of Minnesota)
[View Abstract]
Discussants:
Clair Brown (University of California-Berkeley)
Susan Houseman (WE Upjohn Institute for Employment Research)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 18
Middle East Economic Association
Economic Development in MENA Region (O1)
Presiding: Mahdi Majbouri (Babson College)
Islam and Democracy: Evidence from a New Dataset
Moamen Gouda (Hankuk University of Foreign Studies)
Rahel Schomaker (Cologne Business School)
[View Abstract] [Download Preview]
The Economic Analysis of Transportation Projects in Egypt: Application of an Interregional CGE Model on the Proposed Development Corridor
Dina Elshahawany (Zagazig University)
Michael Lahr (Rutgers University)
Eduardo Haddad (University of Sao Paulo)
[View Abstract] [Download Preview] [Download PowerPoint]
Can Islamic Banking Increase Financial Inclusion?
Sami Ben Naceur (International Monetary Fund)
Adolfo Barajas (International Monetary Fund)
Alexander Massara (International Monetary Fund)
[View Abstract]
Helping the Poor with Selfish Intentions: Trade, Foreign Aid and Growth
Ozan Hatipoglu (Bogazici University)
Alp Eren Akyuz (Bogazici University)
[View Abstract] [Download Preview]
The Effect of Economic Reform Programs on Arab Economies Development from 1980 to 2010
Islam Abdelbary (Arab Academy for Science and Plymouth University)
James Benhin (Plymouth University)
[View Abstract]
Discussants:
Hassan Y. Aly (Ohio State University)
Wassim Shahin (Lebanese American University)
Erhan Aslanoglu (Piri Reis University)
Khusrav Gaibulloev (American University of Sharjah)
Fatma Dogruel (Marmara University)

Jan 05, 2016 8:00 am, Hilton Union Square, Union Square 13
National Economic Association
Topics in Stratification Economics (Z1)
Presiding: Darrick Hamilton (New School)
The Federal Legal Services Program Influence on Riots and Voter Turnout in the 1960s
Jamein P. Cunningham (Portland State University)
[View Abstract]
The Impact of the Great Recession on the Occupational Segregation of Black Men
Michelle Holder (City University of New York-John Jay College)
[View Abstract] [Download Preview]
Intergroup Inequality in Israel
Wifag Adnan (Zayed University)
[View Abstract]
Does the EITC Buffer Against Neighborhood Transition? Evidence from Washington, D.C
LaTanya Brown-Robertson (Bowie State University)
Marcus Casey (University of Illinois-Chicago)
Bradley Hardy (American University)
Daniel Muhammad (District of Columbia Government)
[View Abstract]
Discussants:
Lisa D. Cook (Michigan State University)
Charles Betsey (Howard University)
Darrick Hamilton (New School)
Trevon Logan (Ohio State University)

Jan 05, 2016 8:00 am, Marriott Marquis, Sierra I
Society of Government Economists
Occupational Demands among Older Workers (J2, J1)
Presiding: Matthew S. Rutledge (Boston College)
What Explains the Educational Differences in the Propensity to Work among Older Adults?
Richard Johnson (Urban Institute)
Nadia Karamcheva (Congressional Budget Office)
Benjamin Southgate (Urban Institute)
[View Abstract]
Does Age-Related Decline in Ability Correspond with Retirement Age?
Anek Belbase (Center for Retirement Research)
Geoffrey Sanzenbacher (Center for Retirement Research)
[View Abstract] [Download Preview]
How Does Occupational Access for Older Workers Differ by Education?
Matthew S. Rutledge (Boston College)
Steven A. Sass (Boston College)
Jorge D. Ramos-Mercado (Boston College)
[View Abstract] [Download Preview]
Discussants:
Matthew S. Rutledge (Boston College)
Joanne Hsu (Federal Reserve Board of Governors)
David Burk (Congressional Budget Office)

Jan 05, 2016 8:00 am, Marriott Marquis, Sierra J
Union for Radical Political Economics/International Association for Feminist Economics
Envisioning Alternative Economic Systems (P2) (Panel Discussion)
Panel Moderator: Elissa Braunstein (Colorado State University)
John Willoughby (American University)
Stephanie Seguino (University of Vermont)
Gerald Epstein (University of Massachusetts-Amherst)
Caren Grown (World Bank)
Nancy Folbre (University of Massachusetts-Amherst)

Jan 05, 2016 8:00 am, Marriott Marquis, Sierra K
Union for Radical Political Economics
Heterodox Macroeconomics (E3)
Presiding: Fred Moseley (Mount Holyoke College)
Limits to Growth, Ratio of Accumulation, and the Tendency for the Rate of Profit to Fall
Minqi Li (University of Utah)
[View Abstract]
Marxian Exploitation in a Harrod-Style Keynesian Growth Model
James Devine (Loyola Marymount University)
[View Abstract]
Systemic Fragility in the 21st Century Global Economy
Jack Rasmus (St. Marys College)
[View Abstract] [Download Preview]
Some Controversial Aspects of the Financial Meltdown of 2008
John Komlos (University of Munich)
[View Abstract] [Download Preview]
Discussants:
Jack Rasmus (St. Marys College)
Anwar Shaikh (New School)
Gary Dymski (Leeds University)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 20
American Economic Association
Assessing the Costs and Benefits of Occupational Licensing and Certification (J1, K2)
Presiding: Edward Timmons (Saint Francis University)
Analyzing the Duration of Occupational Licensing on the Labor Market
Suyoun Han (University of Minnesota)
Morris Kleiner (University of Minnesota and NBER)
[View Abstract]
Occupational Regulation in the EU and UK: Prevalence and Impact on Labour Migration
Amy Humphris (University of Brighton)
Maria Koumenta (Queen Mary University of London)
Mario Pagliero (University of Turin and Collegio Carlo Alberto)
[View Abstract]
Occupational Licensing and Quality: Distributional and Heterogeneous Effects in the Teaching Profession
Bradley Larsen (Stanford University and NBER)
[View Abstract] [Download Preview]
Licensure or License: Reconsidering Occupational Regulation
Dante DeAntonio (Lehigh University)
Robert Thornton (Lehigh University)
Edward Timmons (Saint Francis University)
[Download Preview]
2011 ACGME Residency Work Restrictions Associated with Increased Inpatient Mortality at Teaching Institutions
David N. van der Goes (University of New Mexico)
John P. Ney (University of Washington)
Discussants:
Mindy Marks (University of California-Riverside)
Robert Thornton (Lehigh University)
David Harrington (Kenyon College)
Marek Zapletal (Brattle Group)
Edward Timmons (Saint Francis University)

Jan 05, 2016 10:15 am, Hilton Union Square, Continental – Parlor 3
American Economic Association
Automobile Fuel-Use and Pollution Policies (Q4, L9)
Presiding: Antonio M. Bento (Cornell University)
Weathering the Storm: Production Reallocation in the Face of Demand Shocks
Christopher R. Knittel (Massachusetts Institute of Technology)
Jeremy West (Massachusetts Institute of Technology)
Matthew Zaragoza-Watkins (Massachusetts Institute of Technology and Environmental Defense Fund)
[View Abstract]
Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market
Mathias Reynaert (Toulouse University)
[View Abstract] [Download Preview]
The Effect of Saturday Driving Restrictions on Air Quality in Mexico City
Lucas Davis (University of California-Berkeley)
[View Abstract]
The Effect of Fuel Economy Standards on Vehicle Weight Dispersion and Accident Fatalities
Antonio M. Bento (Cornell University)
Kenneth Gillingham (Yale University)
Kevin Roth (University of California-Irvine)
[View Abstract]
Discussants:
Kenneth Gillingham (Yale University)
Shanjun Li (Cornell University)
Paulina Oliva Vallejo (University of California-Santa Barbara)
James Sallee (University of Chicago)

Jan 05, 2016 10:15 am, Hilton Union Square, Continental – Parlor 9
American Economic Association
Chinese Economic Data: Users' Guide (P2, E2)
Presiding: Ronald Michael Schramm (Xian Jiao Tong Liverpool University (IBSS))
Strengths and Weaknesses in Chinese Statistics
Thomas G. Rawski (University of Pittsburgh)
[View Abstract]
Capital Stock Measures for China, 1952-2013
Carsten A. Holz (Hong Kong University of Science and Technology)
[View Abstract]
A Comparison of Household Surveys
Shi Li (Beijing Normal University)
Chuliang Luo (Beijing Normal University)
[View Abstract]
Agglomeration, Public Expenditure and Productivity Spillover in Space: Firm-Level Evidence from China's Electric Apparatus Industry
Yang Chen (Xian Jiao Tong Liverpool University and IBSS)
Ming He (Xian Jiao Tong Liverpool University (IBSS))
[View Abstract] [Download Preview]
Discussants:
Ronald Michael Schramm (Xian Jiao Tong University and IBSS)

Jan 05, 2016 10:15 am, Hilton Union Square, Golden Gate 8
American Economic Association
Gender Economics (J7)
Presiding: KimMarie McGoldrick (University of Richmond)
Gender Differences in Networking at Work
Friederike Mengel (University of Essex and Maastricht University)
[View Abstract]
Gender Biases in Student Evaluations of Teachers and their Impact on Teacher Incentives
Anne Boring (Sciences Po)
[View Abstract]
How Stress Affects Performance and Competitiveness across Gender
Jana Cahlikova (Max Planck Institute for Tax Law and Public Finance)
Lubomir Cingl (Charles University-Prague)
Ian Levely (Charles University-Prague)
[View Abstract]
Gender Differences in Credit for Group Work
Heather Sarsons (Harvard University)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Imperial A
American Economic Association
Income Inequality, Wealth Inequality and Innovation (E2, J3)
Presiding: Peter J. Klenow (Stanford University)
Distributional National Accounts: Methods and Estimates for the United States, 1913-2013
Emmanuel Saez (University of California-Berkeley)
Gabriel Zucman (London School of Economics)
Thomas Piketty (Paris School of Economics)
[View Abstract]
Lifetime Inequality and Income Dynamics
Fatih Guvenen (University of Minnesota)
Greg Kaplan (Princeton University)
Jae Song (Social Security Administration)
[View Abstract]
Innovation and Top Income Inequality
Philippe Aghion (College de France)
Ufuk Akcigit (University of Chicago)
Antonin Bergeaud (London School of Economics)
Richard Blundell (University College London)
David Hemous (University of Zurich)
[View Abstract]
Living "American Dream" in Finland: The Social Mobility of Innovators
Philippe Aghion (College de France)
Ufuk Akcigit (University of Chicago)
Otto Toivanen (KU Leuven)
[View Abstract]
Discussants:
John Sabelhaus (Federal Reserve Board)
Stefanie Stantcheva (Harvard University)
John Van Reenen (London School of Economics)
Chad Jones (Stanford University)

Jan 05, 2016 10:15 am, Hilton Union Square, Plaza B
American Economic Association
Inequality, Public Policy, and the Future of Economics: In Memory of Barbara R. Bergmann (1927-2015) (J2, J7) (Panel Discussion)
Panel Moderator: Diana Strassmann (Rice University)
Myra H. Strober (Stanford University) The Economic Emergence of Women
Kenneth Arrow (Stanford University) The Economics of Racial and Gender Discrimination
Nancy Folbre (University of Massachusetts-Amherst) Inequalities of Care: A Bergmannian Perspective
Alice Rivlin (Brookings Institution) Poverty, Inequality, and Social Insurance
Maria Floro (American University) Envisioning the Economy for the Next Generation

Jan 05, 2016 10:15 am, Hilton Union Square, Continental Parlors 7 & 8
American Economic Association
Infrastructure and Development (O1)
Presiding: Paul Joskow (Massachusetts Institute of Technology)
Making Cities Livable: Clean Water, Expensive Infrastructure and Property Rights
Edward L. Glaeser (Harvard University)
[View Abstract]
Public and Private Infrastructure
Michael Kremer (Harvard University)
Jack Willis (Harvard University)
[View Abstract] [Download Preview]
Understanding Electricity Expansion in Rural Kenya
Edward Miguel (University of California-Berkeley)
Catherine Wolfram (University of California-Berkeley)
Kenneth Lee (University of California-Berkeley)
[View Abstract]
Discussants:
Seema Jayachandran (Northwestern University)
David Weil (Brown University)
Hunt Allcott (New York University)

Jan 05, 2016 10:15 am, Hilton Union Square, Continental – Parlor 2
American Economic Association
Intergenerational Transfers (D1)
Presiding: Laurence J. Kotlikoff (Boston University)
The Effect of Wealth Shocks on Expected Bequests: Evidence from the Great Recession
Matthew Baird (RAND)
Michael Hurd (RAND)
Susann Rohwedder (RAND)
[View Abstract]
Narrow Framing and Long-Term Care Insurance
Daniel Gottlieb (University of Pennsylvania)
Olivia S. Mitchell (University of Pennsylvania)
[View Abstract] [Download Preview]
Unequal Bequests
Marco Francesconi (University of Essex)
Robert A. Pollak (Washington University-St. Louis)
Domenico Tabasso (University of Geneva)
[View Abstract] [Download Preview]
Intergenerational Transfers and Long-Term Care
Anne Laferrere (INSEE and CREST)
[View Abstract]
Discussants:
Meta Brown (Federal Reserve Bank of New York)
Barbara Schone (Georgetown University)
Mark O. Wilhelm (Indiana University-Purdue University Indianapolis)
Robert Willis (University of Michigan)

Jan 05, 2016 10:15 am, Hilton Union Square, Golden Gate 5
American Economic Association
Labor Mobility in Response to Shocks (H2)
Presiding: Jennifer Klein (California State University-Sacramento)
Do High-Wage Jobs Attract More Applicants? Directed Search Evidence from the Online Labor Market
Benjamin Villena (University of Chile)
Stefano Banfi (Central Bank of Chile)
[View Abstract] [Download Preview]
Have U.S. Local Labor Markets Become Less Local? Examining Geographic Labor Market Integration Using A Two-Sided Matching Framework
Richard Mansfield (Cornell University)
Evan Buntrock (Cornell University)
[View Abstract]
Corporate Taxes and Strategic Patent Location within Multinational Firms
Tobias Boehm (University of Muenster)
Bodo Knoll (University of Bochum)
Nadine Riedel (University of Bochum)
Martina Baumann (University of Bochum)
[View Abstract]
Beggar-Thy-Neighbour Tax Cuts: Mobility after a Local Income and Wealth Tax Reform in Switzerland
Isabel Martinez (University of California-Berkeley and University of St. Gallen)
[View Abstract] [Download Preview]
Climate Variability and International Migration
Mariola Pytlikova (CERGE-EI Prague and VSB-TU Ostrava)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Imperial B
American Economic Association
Management and Productivity in Health Care (I1, D2)
Presiding: Nicholas Bloom (Stanford University)
Chasing Ambulance Productivity
Nicholas Bloom (Stanford University)
David Chan (Stanford University)
Atul Gupta (Stanford University)
[View Abstract]
Understanding Geographic Variation in Mortality
Amy Finkelstein (Massachusetts Institute of Technology)
Matthew Gentzkow (Stanford University)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract]
The Impact of Consumer Inattention on Insurer Pricing in the Medicare Part D Program
Kate Ho (Columbia University)
Fiona M. Scott Morton (Yale University)
Joseph Hogan (Columbia University)
[View Abstract] [Download Preview]
Healthcare: The IT Productivity Paradox with a 25-Year Lag
Fiona M. Scott Morton (Yale University)
[View Abstract]
Discussants:
Raffaella Sadun (Harvard University)
Jeff Clemens (University of California-San Diego)
Aviv Nevo (Northwestern University)
Martin Gaynor (Carnegie Mellon University)

Jan 05, 2016 10:15 am, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Micro and Macro Perspectives on Families and Development (O1)
Presiding: Michele Tertilt (University of Mannheim)
Families, Farms, and Financial Frictions
Dean Karlan (Yale University)
Christopher Udry (Yale University)
Lori Beaman (Northwestern University)
[View Abstract]
Bargaining over Babies: Theory, Evidence, and Policy Implications
Matthias Doepke (Northwestern University)
Fabian Kindermann (University of Bonn)
[View Abstract] [Download Preview]
Asymmetric Information in Couples
Matthias Doepke (Northwestern University)
Michele Tertilt (University of Mannheim)
[View Abstract]
Bride Price and the Returns to Education for Women
Nava Ashraf (Harvard University)
Natalie Bau (Harvard University)
Nathan Nunn (Harvard University)
Alessandra Voena (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Erica Field (Duke University)
Alice Schoonbroodt (University of Iowa)
Nava Ashraf (Harvard University)
Marianne Bertrand (University of Chicago)

Jan 05, 2016 10:15 am, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
New Developments in Firm Dynamics in Understanding Business Dynamism (J2, E3)
Presiding: Fatih Karahan (Federal Reserve Bank of New York)
Changing Business Dynamism: Volatility of or Responsiveness to Shocks?
Ryan Decker (University of Maryland)
John Haltiwanger (University of Maryland)
Ron Jarmin (U.S. Census Bureau )
Javier Miranda (U.S. Census Bureau)
[View Abstract]
Wage Posting and Business Cycles: a Quantitative Exploration
Giuseppe Moscarini (Yale University)
Fabien Postel-Vinay (University College London)
[View Abstract] [Download Preview]
A Missing Generation of Firms? Aggregate Effects of the Decline in New Business Formation
Francois Gourio (Federal Reserve Bank of Chicago)
Todd Messer (Federal Reserve Bank of Chicago)
Michael Siemer (Federal Reserve Board)
[View Abstract]
Understanding the 30 year Decline in Business Dynamism: a General Equilibrium Approach
Fatih Karahan (Federal Reserve Bank of New York)
Benjamin W. Pugsley (Federal Reserve Bank of New York)
Aysegul Sahin (Federal Reserve Bank of New York)
[View Abstract]
Discussants:
Ruediger Bachmann (University of Notre Dame)
Ryan Michaels (Federal Reserve Bank of Philadelphia)
Manuel Adelino (Duke University)
Mu-Jeung Yang (University of Washington-Seattle)

Jan 05, 2016 10:15 am, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
New Models and Evidence on Bubbles (G1, E1)
Presiding: Andrei Shleifer (Harvard University)
Extrapolation and Bubbles
Nicholas C. Barberis (Yale University)
Robin Greenwood (Harvard University)
Lawrence Jin (California Institute of Technology)
Andrei Shleifer (Harvard University)
[View Abstract]
No-Bubble Condition: Model-Free Tests in Housing Markets
Stefano Giglio (University of Chicago)
Matteo Maggiori (Harvard University)
Johannes Stroebel (New York University)
[View Abstract]
Hoard Behavior During Commodity Bubbles
Harrison Hong (Princeton University)
Aureo de Paula (University College London)
Vishal Singh (New York University)
[View Abstract] [Download Preview]
Credit Expansions and Neglected Crash Risk
Wei Xiong (Princeton University)
Matthew Baron (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Alp Simsek (Massachusetts Institute of Technology)
Markus K. Brunnermeier (Princeton University)
Robin Greenwood (Harvard University)
David Laibson (Harvard University)

Jan 05, 2016 10:15 am, Hilton Union Square, Continental – Parlor 1
American Economic Association
Perspectives on Unconventional Monetary Policy and Expectations in Financial Markets (E4, D8)
Presiding: Martin Schneider (Stanford University)
Monetary Policy Expectations at the Zero Lower Bound
Michael Bauer (Federal Reserve Bank of San Francisco)
Glenn Rudebusch (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Does Quantitative Easing Affect Market Liquidity?
Jens Christensen (Federal Reserve Bank of San Francisco)
James M. Gillian (University of California-Berkeley)
[View Abstract] [Download Preview]
What does the Yield Curve Imply about Investor Expectations?
Arunima Sinha (Fordham University)
Eric Gaus (Ursinus College)
[View Abstract]
Fundamental Disagreement
Philippe Andrade (Banque de France)
Richard K. Crump (Federal Reserve Bank of New York)
Stefano Eusepi (Federal Reserve Bank of New York)
Emanuel Moench (Deutsche Bundesbank)
[View Abstract] [Download Preview]
Discussants:
Min Wei (Federal Reserve Board of Governors)
Yuriy Kitsul (Federal Reserve Board of Governors)
Sergio Santoro (Bank of Italy)
Allan Timmermann (University of California-San Diego)

Jan 05, 2016 10:15 am, Hilton Union Square, Yosemite B
American Economic Association
Real Exchange Rates in the Long Run: Revisiting the Penn Effect and the Balassa-Samuelson Hypothesis (F4, F3)
Presiding: Fadi Hassan (Trinity College Dublin)
The Price of Development: The Penn-Balassa-Samuelson-Effect Revisited
Fadi Hassan (Trinity College Dublin)
[View Abstract] [Download Preview]
The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered
Michael D. Bordo (Rutgers University)
Ehsan U. Choudhri (Carleton University)
Giorgio Fazio (Newcastel University)
Ronald MacDonald (University of Glasgow)
[View Abstract] [Download Preview]
Real Exchange Rates and Sectoral Productivity in the Eurozone
Michael B. Devereux (University of British Columbia)
Charles Engel (University of Wisconsin)
Martin Berka (Victoria University of Wellington)
[View Abstract] [Download Preview]
Structural Change and the Dynamics of China-US Real Exchange Rate
Xiaodong Zhu (University of Toronto)
Yong Wang (Hong Kong University of Science and Technology)
Jenny Xu (Hong Kong University of Science and Technology)
[View Abstract] [Download Preview]
Discussants:
Robert C. Feenstra (University of California-Davis)
Andrew K Rose (Berkeley University)
Paul R. Bergin (University of California-Davis)
Giancarlo Corsetti (University of Cambridge)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 21
American Economic Association
Regulation and Implementation of Tax Systems (H2)
Presiding: Jon M. Bakija (Williams College )
Has Regulation of Charitable Foundations Thrown the Baby Out With the Bath Water?
Benjamin M. Marx (University of Illinois-Urbana-Champaign)
[View Abstract] [Download Preview] [Download PowerPoint]
Once Bitten, Twice Shy? The Lasting Impact of IRS Audits on Individual Tax Reporting
Jason DeBacker (Middle Tennessee State University)
Bradley Heim (Indiana University)
Anh Tran (Indiana University)
Alexander Yuskavage (U.S. Department of the Treasury)
[View Abstract] [Download Preview]
A Loan by Any Other Name: How State Policies Changed Advanced Tax Refund Payments
Maggie R. Jones (U.S. Census Bureau)
[View Abstract]
Going Legal? Risks of Detection and Self-Reported International Tax Fraud
Dirk Bethmann (Korea University)
Michael Kvasnicka (Otto von Guericke University-Magdeburg)
[View Abstract] [Download Preview]
VAT Rates and Tax Evasion: Evidence from the Restaurant Industry in Greece
Nikolaos Artavanis (University of Massachusetts-Amherst)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Franciscan C
American Economic Association
Replication in Economics (B4, C1)
Presiding: Christian Zimmermann (Federal Reserve Bank of St. Louis)
New Methods for Macroeconomic Model Comparison and Policy Analysis
Volker Wieland (University of Frankfurt)
Elena Afanasyeva (University of Frankfurt)
Meguy Kuete (University of Frankfurt)
Jinhyuk Yoo (University of Frankfurt)
[View Abstract] [Download Preview]
Data Policies and Data Archives as Prerequisites of Reproducible Economic Research
Gert G. Wagner (German Institute for Economic Research)
Sven Vlaeminck (German National Library of Economics)
[View Abstract] [Download Preview] [Download PowerPoint]
“Beyond the PDF” in Empirical Economic Research
Richard Ball (Haverford College)
[View Abstract]
ReplicationWiki - Improving Transparency in Economic Research
Jan H. Höffler (University of Göttingen)
[View Abstract] [Download Preview] [Download PowerPoint]
On the Need for a Replication Journal
Christian Zimmermann (Federal Reserve Bank of St. Louis)
[View Abstract] [Download Preview]
Discussants:
Jesse Rothstein (University of California-Berkeley)
Michael Ash (University of Massachusetts Amherst)
Johannes Pfeifer (University of Mannheim)
Christian Zimmermann (Federal Reserve Bank of St. Louis)
Graham A. Davis (Colorado School of Mines)

Jan 05, 2016 10:15 am, Hilton Union Square, Franciscan D
American Economic Association
The Demand For and Effects of College Quality (I2, J2)
Presiding: Lesley Turner (University of Maryland)
College Quality and the Market for Higher Education
Justine Hastings (Brown University)
Christopher A. Neilson (Princeton University)
Seth Zimmerman (University of Chicago)
[View Abstract]
Should Community College be Free? Supply and Demand in the Market for U.S. Higher Education
David Deming (Harvard University)
Christopher Walters (University of California-Berkeley)
[View Abstract]
The Big Sort: College Reputation and Labor Market Outcomes
Bentley MacLeod (Columbia University)
Evan Riehl (Columbia University)
Miguel Urquiola (Columbia University)
Juan Saavedra (University of Southern California)
[View Abstract] [Download Preview]
College Access, Initial College Choice and Degree Completion
Joshua Goodman (Harvard University)
Michael Hurwitz (College Board)
Jonathan Smith (College Board)
[View Abstract] [Download Preview]
Discussants:
Seth Zimmerman (University of Chicago)
Kevin Stange (University of Michigan)

Jan 05, 2016 10:15 am, Hilton Union Square, Plaza A
American Economic Association
The Intergovernmental Panel on Climate Change (IPCC) at a Crossroads: Options for Reform (Q5, Q4) (Panel Discussion)
Panel Moderator: Robert Stavins (Harvard University)
Carlo Carraro (University of Venice) Roundtable Panelist 1
Ottmar Edenhofer (Technical University of Berlin) Roundtable Panelist 2
Geoffrey Heal (Columbia University) Roundtable Panelist 3
Charles Kolstad (Stanford University) Roundtable Panelist 4
David Victor (University of California-San Diego) Roundtable Panelist 5

Jan 05, 2016 10:15 am, Hilton Union Square, Yosemite A
American Economic Association
Wage Rigidity (J3, E2)
Presiding: Mark Schweitzer (Federal Reserve Bank of Cleveland)
Downward Nominal Wage Rigidity in the United States During the Great Recession
Bruce Fallick (Federal Reserve Bank of Cleveland)
Michael Lettau (U.S. Bureau of Labor Statistics)
William Wascher (Federal Reserve Board )
[View Abstract] [Download Preview]
Nominal Wage Rigidities and the Phillips Curve
Mary Daly (Federal Reserve Bank of San Francisco)
Bart Hobijn (Federal Reserve Bank of San Francisco)
[View Abstract] [Download Preview]
Downward Wage Rigidity in the U.S.: New Evidence from Worker‐Firm Linked Data
Andre Kurmann (Drexel University)
Erika McEntarfer (U.S. Census Bureau)
James Spletzer (U.S.Census Bureau)
[View Abstract] [Download Preview]
Nominal Wage Rigidity in Village Labor Markets
Supreet Kaur (Columbia University)
[View Abstract] [Download Preview]
Discussants:
William Dickens (Northeastern University)
Gary Solon (University of Arizona)
Joseph Altonji (Yale University)
Gabriel Ehrlich (University of Michigan)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Capital Structure and Cash Holdings (G1)
Presiding: Konstantin Milbradt (Northwestern University)
Liquidity, Innovation, and Endogenous Growth
Semyon Malamud (Ecole Polytechnique Federale de Lausanne)
Francesca Zucchi (Federal Reserve Board)
[View Abstract] [Download Preview]
A Dynamic Model of Optimal Creditor Dispersion
Hongda Zhong (London School of Economics)
[View Abstract] [Download Preview]
Non-Precautionary Cash Hoarding and Investment in Growth Firms
Arnoud Boot (University of Amsterdam)
Vladimir Vladimirov (University of Amsterdam)
[View Abstract] [Download Preview]
Discussants:
Haoxiang Zhu (Massachusetts Institute of Technology)
Zhiguo He (University of Chicago)
Boris Nikolov (University of ausanne and Swiss Finance Institute)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Credit Risk (G1)
Presiding: Hui Chen (Massachusetts Institute of Technology)
Counterparty Risk and Counterparty Choice in the Credit Default Swap Market
Wenxin Du (Federal Reserve Board)
Salil Gadgil (Federal Reserve Board )
Michael Gordy (Federal Reserve Board)
Clara Vega (Federal Reserve Board)
[View Abstract] [Download Preview]
Safe-Haven CDS Premia
Sven Klingler (Copenhagen Business School)
David Lando (Copenhagen Business School)
[View Abstract] [Download Preview]
Do Dollar-Denominated Emerging Market Corporate Bonds Insure Foreign Exchange Risk?
Stefanos Delikouras (University of Miami)
Robert Dittmar (University of Michigan)
Haitao Li (Cheung Kong Graduate School of Business)
[View Abstract] [Download Preview]
Bank Risk Dynamics and Distance to Default
Stefan Nagel (University of Michigan)
Amiyatosh Purnanandam (University of Michigan)
[View Abstract]
Discussants:
Francis Longstaff (University of California-Los Angeles)
Nicolae Garleanu (University of California-Berkeley )
Antje Berndt (North Carolina State University)
George Pennacchi (University of Illinois)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
Dynamic Corporate Finance (G3)
Presiding: Lucian Taylor (University of Pennsylvania)
Natural Experiment Policy Evaluation: A Critique
Christopher Hennessy (London Business School)
Ilya Strebulaev (Stanford Business School)
[View Abstract] [Download Preview]
The Real Effects of Credit Default Swaps
Andras Danis (Georgia Institute of Technology)
Andrea Gamba (University of Warwick)
[View Abstract] [Download Preview]
Firm Financing over the Business Cycle
Juliane Begenau (Harvard Business School)
Juliana Salomao (University of Minnesota)
[View Abstract] [Download Preview]
Career Concerns and Corporate Finance
Patrick Bolton (Columbia University)
Neng Wang (Columbia University)
Jinqiang Yang (Shanghai University of Finance and Economics)
[View Abstract]
Discussants:
Antoinette Schoar (Massachusetts Institute of Technology)
Gregor Matvos (University of Chicago )
Lukas Schmid (Duke University)
Bengt Holmstrom (Massachusetts Institute of Technology)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Entrepreneurial Finance and Crowdfunding (G2)
Presiding: Yael Hochberg (Massachusetts Institute of Technology)
Inside Rounds and Venture Capital Returns
Michael Ewens (California Institute of Technology)
Matthew Rhodes-Kropf (Harvard University)
Ilya Strebulaev (Stanford University)
[View Abstract] [Download Preview]
The Informational Role of Crowdfunding
Ting Xu (University of British Columbia)
[View Abstract] [Download Preview]
Gender Dynamics in Crowdfunding (Kickstarter): Evidence on Entrepreneurs, Investors, Deals and Taste Based Discrimination
Dan Marom (Hebrew University)
Alicia Robb (Kauffman Foundation and University of California-Berkeley)
Orly Sade (Hebrew University)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
David Robinson (Duke University)
Shai Bernstein (Stanford University)
Ramana Nanda (Harvard University)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Financial Advisors and Financial Advice (G0)
Presiding: John Beshears (Harvard University)
Is Fraud Contagious? Career Networks and Fraud by Financial Advisors
Stephen Dimmock (Nanyang Technological University)
William Gerken (University of Kentucky)
Nathaniel Graham (University of Kentucky)
[View Abstract] [Download Preview]
Information Architecture and Intertemporal Choice: A Randomized Field Experiment in the United States
Yaron Levi (University of California-Los Angeles)
[View Abstract]
Financial Advice and Bank Profits
Daniel Hoechle (Zurich University of Applied Sciences)
Stefan Ruenzi (University of Mannheim)
Nic Schaub (University of St. Gallen)
Markus Schmid (University of St. Gallen)
[View Abstract] [Download Preview]
Discussants:
Benjamin Keys (University of Chicago)
Tracy Yue Wang (University of Minnesota)
John Chalmers (University of Oregon)
Gopi Shah Goda (Stanford University)

Jan 05, 2016 10:15 am, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
Governments and Stock Prices (G1)
Presiding: Jules van Binsbergen (University of Pennsylvania)
Stock Returns over the FOMC Cycle
Anna Cieslak (Duke University )
Adair Morse (University of California-Berkeley)
Annette Vissing-Jorgensen (University of California-Berkeley)
[View Abstract] [Download Preview]
Stock Picking Skills of SEC Employees
Shivaram Rajgopal (Emory University)
Roger White (Emory University)
[View Abstract]
Heterogeneous Taxes and Limited Risk Sharing: Evidence from Municipal Bonds
Tania Babina (University of North Carolina)
Pab Jotikasthira (University of North Carolina )
Christian Lundblad (University of North Carolina)
Tarun Ramadorai (University of Oxford)
[View Abstract] [Download Preview]
Discussants:
David Lucca (Federal Reserve Bank of New York)
Chester Spatt (Carnegie Mellon University)
Lorenz Kueng (Northwestern University)

Jan 05, 2016 10:15 am, Marriott Marquis, Nob Hill A & B
American Finance Association
Information and Noise (G1)
Presiding: Snehal Banerjee (University of California-San Diego)
Learning in Crowded Markets
Peter Kondor (London School of Economics)
Adam Zawadowski (Boston University)
[View Abstract] [Download Preview]
Noise Traders Incarnate: Describing a Realistic Noise Trading Process
Joel Peress (INSEAD)
Daniel Schmidt (HEC Paris)
[View Abstract] [Download Preview]
What Does the PIN Model Identify as Private Information?
Jefferson Duarte (Rice University)
Edwin Hu (Rice University)
Lance Young (University of Washington)
[View Abstract] [Download Preview]
Risk and Return in Segmented Markets with Expertise
Andrea Eisfeldt (University of California-Los Angeles)
[View Abstract] [Download Preview]
Discussants:
Ming Yang (Duke University)
Timothy Johnson (University of Illinois-Urbana-Champaign)
Terrence Hendershott (University of California-Berkeley)
Vincent Glode (University of Pennsylvania)

Jan 05, 2016 10:15 am, Marriott Marquis, Nob Hill C & D
American Finance Association
Mutual Funds and Delegated Management (G1)
Presiding: Juhani Linnainmaa (University of Chicago )
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)
[View Abstract]
Playing Favorites: Conflicts of Interest in Mutual Fund Management
Diane Del Guercio (University of Oregon)
Egemen Genc (Erasmus University-Rotterdam)
Hai Tran (Loyola Marymount University)
[View Abstract] [Download Preview]
Double Adjusted Mutual Fund Performance
Jeffrey Busse (Emory University)
Lei Jiang (Tsinghua University)
Yuehua Tang (Singapore Management University)
[View Abstract] [Download Preview]
Is it Who You Know or What You Know? Evidence from IPO Allocations and Mutual Fund Performance
Chuan Yang Hwang (Nanyang Technological University)
Sheridan Titman (University of Texas-Austin)
Yuxi Wang (Nanyang Technological University)
[View Abstract]
Discussants:
Clemens Sialm (University of Texas-Austin and NBER)
Lu Zheng (University of California-Irvine)
Kent Daniel (Columbia University)
Lauren Cohen (Harvard Business School)

Jan 05, 2016 10:15 am, Parc 55, Powell II
American Real Estate & Urban Economic Association/American Economic Association
Agency and Brokerage (R3, J4)
Presiding: Edward Coulson (University of Nevada-Las Vegas)
Employment Networks in the Professions
Lu Han (University of Toronto)
Robert Miller (Carnegie-Mellon University)
[View Abstract]
Conflicts of Interest and the Real Estate Commission Puzzle
Panle Jia Barwick (Cornell University)
Parag A. Pathak (Massachusetts Institute of Technology)
Maisy Wong (University of Pennsylvania)
[View Abstract] [Download Preview]
Endogenous Sources of Volatility in Housing Markets: The Joint Buyer-Seller Problem
Elliot Anenberg (Federal Reserve Board )
Patrick Bayer (Duke University)
[View Abstract] [Download Preview]
Empirical Evidence that Real Estate Agents Price their Informational Monopoly
Abdullah Yavas (University of Wisconsin-Madison)
Jessica Rutherford (University of South Florida)
Ronald Rutherford (University of South Florida)
[View Abstract] [Download Preview]
Discussants:
Matthew O. Jackson (Stanford University)
Chad Syverson (University of Chicago)
James Albrecht (Georgetown University)
Sebastien Gay (University of Chicago)

Jan 05, 2016 10:15 am, Parc 55, Powell I
American Real Estate & Urban Economic Association
Commercial Real Estate (G1, R3)
Presiding: Sergey Tsyplakov (University of South Carolina)
One size does not fit all: REIT capital structure and firm value
Eva Steiner (University of Cambridge)
Timothy Riddiough (University of Wisconsin-Madison)
[View Abstract] [Download Preview]
Delinquencies, Default, and Borrowers' Strategic Behavior Toward the Modification of Commercial Mortgages
James Kau (University of Georgia)
Stephen Buschbom (University of Georgia)
Donald Keenan (University of Georgia)
Konstantine Lyubimov (Fannie Mae)
[View Abstract]
Double Round Auctions
Crocker Liu (Cornell University)
Jarl Kallberg (Washington State University)
Adam Nowak (West Virginia University)
[View Abstract] [Download Preview]
Cross-Sectional Dynamics of REIT Market Efficiency
Robert Connolly (University of North Carolina)
Michael Aguilar (University of North Carolina)
Walter Boudry (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Tobias Muhlhofer (University of Miami)
Yongqiang Chu (University of South Carolina)
Svetlana Pevnitskaya (Florida State University)
Libo Sun (California State Polytechnic University-Pomona)

Jan 05, 2016 10:15 am, Parc 55, Divisadero
Association for Comparative Economic Studies
Political Institutions and Their Consequences (H1, P5)
Presiding: Pauline Grosjean (University of New South Wales)
A Time to Throw Stones, a Time to Reap: How Long Does it Take for Democratic Reforms to Improve Institutional Outcomes?
Pierre-Guillaume Méon (Université libre de Bruxelles and Centre Emile Bernheim)
Khalid Sekkat (Université libre de Bruxelles, ERF and Centre Emile Bernheim)
[View Abstract] [Download Preview] [Download PowerPoint]
Democracy Versus Dictatorship? The Political Determinants of Growth Episodes
Kunal Sen (IDPM University of Manchester)
Sabyasachi Kar (Institute of Economic Growth)
Lant Pritchett (Harvard University)
Selim Raihan (University of Dhaka)
[View Abstract] [Download Preview]
Party Institutionalization in Autocracies: Theory and Evidence
Anne Meng (University of California-Berkeley)
[View Abstract]
Do Quality Institutions Lead to Quality of Life? The Drivers of Environmental and Public Health Outcomes
Christopher A. Hartwell (Kozminski University and CASE)
Don L. Coursey (University of Chicago)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Christopher A. Hartwell (Kozminski University and CASE)
Pauline Grosjean (University of New South Wales)
Pierre-Guillaume Méon (Université libre de Bruxelles Centre Emile Bernheim)
Kunal Sen (IDPM University of Manchester)

Jan 05, 2016 10:15 am, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Institutional Change (B5, Z1)
Presiding: Valerie Kepner (Kings College)
Public Policy Adrift: Veblen’s Blind Drift and Neoliberalism
William Waller (Hobart and William Smith Colleges)
[View Abstract]
Neoliberalism, Polanyi’s Protective Response, and Veblenian Waste
Mary V. Wrenn (University of Cambridge)
[View Abstract]
Thinking Like a Trader: The Impact of Neoliberal Doctrine on Habits of Thought
Quentin Duroy (Denison University)
[View Abstract]
Is Brazil’s II National Plan of Development a Concrete Example of Veblen’s Theory of Institutional Change?
Ricardo Emmel Böck (Federal University of Paraná-Brazil)
[View Abstract]
Contested Continuity: Competing Explanations of the Evolution of the Corporate Form
Ann E. Davis (Marist College)
[View Abstract] [Download Preview] [Download PowerPoint]

Jan 05, 2016 10:15 am, Marriott Marquis, Pacific B
Association for Social Economics/International Association for Feminist Economics
Financialisation and Gender (J1, G1)
Presiding: Alicia Giron (National Autonomous University of Mexico)
Seven Ways to Knit Your Portfolio: Is Investor Communication Neutral?
Henriëtte Prast (Tilburg University)
[View Abstract] [Download Preview]
Child Marriage as a Financial and Economic Transaction
Quentin Wodon (World Bank)
[View Abstract]
Family Labor Supply and the Timing of Cash Transfers: Evidence from the Earned Income Tax Credit
Tzu-Ting Yang (University of British Columbia and Academia Sinica)
[View Abstract] [Download Preview]
Economics of the Unschooled Child Worker: Parental Motivation and Human Development Consequences for the Girl Child
Sanjukta Chaudhuri (University of Wisconsin-Eau Claire)
[View Abstract]

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
Drought, Heat, and Economic Activity (Q5)
Presiding: Nicholas J. Sanders (Cornell University)
Drought, Dams, and Economic Activity
Sheila Olmstead (University of Texas-Austin)
Hilary Sigman (Rutgers University)
[View Abstract] [Download Preview]
The Effect of Water Supply Shocks on the Electricity Generation Mix: Implications for Climate Change
Jonathan Eyer (University of Southern California)
Casey Wichman (Resources for the Future)
[View Abstract]
The Long-Term Economic Effect of High Temperatures: Evidence from Earnings Data in Ecuador
Paul Carrillo (George Washington University)
Ram Fishman (George Washington University)
Jason Russ (George Washington University)
[View Abstract] [Download Preview]
How do heat waves, cold waves, droughts, hail and tornadoes affect US agriculture?
Emanuele Massetti (Georgia Institute of Technology)
Robert Mendelsohn (Yale University)
[View Abstract] [Download Preview]
Discussants:
Ahmed Mushfiq Mobarak (Yale University)
Edson Severnini (Carnegie Mellon University)
Nicholas J. Sanders (Cornell University)

Jan 05, 2016 10:15 am, Marriott Marquis, Pacific A
Association of Financial Economists/American Finance Association
Dividends, Repurchases and Payout Policy (G3, G3)
Presiding: Kose John (New York University and Temple University)
Labor Unions and Payout Policy: A Regression Discontinuity Analysis
Jie He (University of Georgia)
Xuan Tian (Indiana University)
Huan Yang (University of Georgia)
[View Abstract] [Download Preview]
Bank Payout Policy, Performance, and Insider Trading in the Financial Crisis of 2007-2009
Peter Cziraki (University of Toronto)
Christian Laux (Vienna University of Economics and Business)
Gyongyi Loranth (University of Vienna)
[View Abstract] [Download Preview]
Share Pledges and Margin Call Pressure
Konan Chan (National Chengchi University)
Hung-Kun Chen (Tamkang University)
Shing-yang Hu (National Taiwan University)
Yu-jane Liu (Peking University)
[View Abstract] [Download Preview]
Commitment and Financial Flexibility in Payout Decisions: Evidence from Rule 10b5-1 Preset Repurchase Plans
Alice Bonaime (University of Kentucky)
Jarrad Harford (University of Washington)
David Moore (University of Kentucky)
[View Abstract] [Download Preview]
Discussants:
Philipp Schnabl (New York University)
Jason Wei (AIG)
Lalitha Naveen (Temple University)
Dalida Kadyrzhanova (Georgia State University)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 13
Econometric Society
Finance in Developing Economies (A1)
Presiding: Emily Breza (Columbia University)
A Randomized Impact Evaluation of Mobile Money in Mozambique
Catia Batista (Nova University of Lisbon, CREAM and IZA)
Pedro Vicente (Nova University of Lisbon and BREAD)
[View Abstract]
Hyperbolic Discounting and an Induced Informal Credit Institution by a New Technology: A Case of Debit Card Pawning in the Philippines
Nobuhiko Fuwa (Waseda University)
Kei Kajisa (Aoyama Gakuin Univ)
Eduardo Lucio (University of Queensland)
Sharon Piza (Independent)
Yasuyuki Sawada (University of Tokyo)
[View Abstract] [Download Preview] [Download PowerPoint]
Private Equity in India: Efficiency vs. Expansion
Troy Smith (Stanford University)
[View Abstract] [Download Preview]
Bogus Joint Liability Groups in Microfinance - Theory and Evidence from China
Alexander Karaivanov (Simon Fraser University)
Xiaochuan Xing (Tsinghua University)
Yi Xue (University of International Business and Economics)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 3 & 4
Econometric Society
Financial Regulation (A1)
Presiding: Amit Seru (University of Chicago)
Federal Reserve Tools for Managing Rates and Reserves
David Skeie (Texas A&M University)
Antoine Martin (Federal Reserve Bank of New York)
Jamie McAndrews (Federal Reserve Bank of New York)
Ali Palida (MIT)
[View Abstract]
The system-wide effects of bank capital regulation on credit supply and risk-taking
Marcus Opp (University of California-Berkeley)
Milton Harris (Booth School of Business, University of Chicago)
Christian Opp (University of Pennsylvania)
[View Abstract] [Download Preview]
Financial Regulation in a Quantitative Model of the Modern Banking System
Tim Landvoigt (University of Texas-Austin)
Juliane Begenau (Harvard Business School)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 15
Econometric Society
Nonparametric Econometrics and Testing (A1)
Presiding: Timothy Armstrong (Yale University)
Optimal Inference in a Class of Regression Models
Michal Kolesár (Princeton University)
Timothy Armstrong (Yale University)
[View Abstract] [Download Preview]
Testing for Rank Invariance or Similarity in Program Evaluation
Yingying Dong (University of California-Irvine)
Shu Shen (University of California Davis)
[View Abstract] [Download Preview]
Optimal Two-Sided Tests for Instrumental Variables Regression with Heteroskedastic and Autocorrelated Errors
Marcelo Moreira (Getulio Vargas Foundation)
[View Abstract] [Download Preview]
Partial Identification of State Dependence
Alexander Torgovitsky (Northwestern University)
[View Abstract] [Download Preview]
Nonparametric Identification and Estimation of Dynamic Causal Effects in Competing Risk Models
Tiemen Woutersen (University of Arizona)
[View Abstract]

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 14
Econometric Society
Simulation Estimation (A1)
Presiding: Han Hong (Stanford University)
On Selection of Statistics for Approximate Bayesian Computing
Dennis Kristensen (University College London)
Michael Creel (Universitat Autònoma de Barcelona)
[View Abstract] [Download Preview]
A Computational Implementation of GMM
Han Hong (Stanford University)
Jiti Gao (Monash University)
[View Abstract]
Indirect Inference with Endogenously Missing Exogenous Variables
Eric Renault (Brown University)
[View Abstract] [Download Preview]
The ABC of Simulation Estimation with Auxiliary Statistics
Serena Ng (Columbia University)
Jean-Jacques Forneron (Columbia University)
[View Abstract] [Download Preview]
Measuring Ambiguity Aversion
Mohammad R Jahan-Parvar (Federal Reserve Board)
A Gallant (The Pennsylvania State University)
Hening Liu (University of Manchester)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 16
Econometric Society
Time Series Econometrics (A1)
Presiding: Rustam Ibragimov (Imperial College London)
On the Power of Tests for Regime Switching
Douglas Steigerwald (University of California-Santa Barbara)
[View Abstract] [Download Preview]
Likelihood Ratio Based Tests for Markov Regime Switching
Fan Zhuo (Boston University)
Zhongjun Qu (Boston University)
[View Abstract] [Download Preview]
Regime Switching Model with Endogenous Autoregressive Latent Factor
Yoosoon Chang (Indiana University)
Yongok Choi (Korea Development Institute)
Joon Park (Indiana University)
[View Abstract] [Download Preview]
Inference with Few Heterogenous Clusters
Rustam Ibragimov (Imperial College London)
Ulrich Mueller (Princeton University)
[View Abstract] [Download Preview]
Robust Inference in Structural VARs with Long-Run Restrictions
Sophocles Mavroeidis (Oxford University)
Guillaume Chevillon (ESSEC Business School)
Zhaoguo Zhan (Tsinghua University)
[View Abstract] [Download Preview]

Jan 05, 2016 10:15 am, Marriott Marquis, Sierra J
International Banking, Economics and Finance Association
Measuring and Managing Financial Stability (G2, E5)
Presiding: John Krainer (Federal Reserve Bank of San Francisco)
Surviving the Perfect Storm: The Role of the Lender of Last Resort
Carla Soares (Bank of Portugal)
Diana Bonfim (Bank of Portugal)
Nuno Alves (Bank of Portugal)
[View Abstract] [Download Preview]
Does Lack of Financial Stability Impair the Transmission of Monetary Policy?
Viral Acharya (New York University)
Björn Imbierowicz (Goethe University Frankfurt)
Sascha Steffen (University of Mannheim and ZEW)
Daniel Teichmann (Goethe University Frankfurt)
[View Abstract] [Download Preview]
Self-Fulfilling Runs: Evidence from the U.S. Life Insurance Industry
Nathan Foley-Fisher (Federal Reserve Board)
Borghan Narajabad (Federal Reserve Board)
Stéphane Verani (Federal Reserve Board)
[View Abstract] [Download Preview]
Mapping Heat in the U.S. Financial System
Michael Palumbo (Federal Reserve Board)
David Aikman (Bank of England)
Michael Kiley (Federal Reserve Board)
Seung Jung Lee (Federal Reserve Board)
Missaka Warusawitharana (Federal Reserve Board)
[Download Preview]
Discussants:
Roland Meeks (Bank of England)
Andreas Lehnert (Federal Reserve Board)
Lawrence Schmidt (University of Chicago)
Scott Brave (Federal Reserve Bank of Chicago)

Jan 05, 2016 10:15 am, Marriott Marquis, Sierra I
Latin American and Caribbean Economic Association
Productive Development Policies in Latin America (E6, O2) (Panel Discussion)
Panel Moderator: Andres Rodriguez-Clare (University of California-Berkeley)
Ernesto Hugo Stein (Inter-American Development)
Andres Rodriguez-Clare (University of California-Berkeley)
Eduardo Fernandez Arias (Inter-American Development Bank)
David Donaldson (Stanford University)
Matilde Bombardini (University of British Columbia)
Matilde Bombardini (University of British Columbia)
Eric Verhoogen (Columbia University)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 18
Middle East Economic Association
Natural Resources and Environmental Issues in MENA Countries (Q2, Q5)
Presiding: Rahel Schomaker (Cologne Business School)
Financial Development and the Oil Curse: Evidence from Algeria
Farah Elias Elhannani (Tlemcen University)
Abou Bakr Boussalem (Tlemcen University)
Mohamed Benbouziane (Tlemcen University)
[View Abstract]
The Impacts of Climate Change on Agricultural Trade in the MENA Region
Mahmut Tekce (Marmara University)
Pinar Deniz (Marmara University)
[View Abstract] [Download Preview]
Investigating Patterns of Carbon Convergence in an Uneven Economy: The Case of Turkey
Sevil Acar (Kemerburgaz University)
A. Erinc Yeldan (Ihsan Dogramaci Bilkent University)
[View Abstract] [Download Preview]
Risk Assessment of the Impacts of Climate Change on Tourism Activities in Some Mediterranean Countries: An Actuarial Risk Approach
Colton Burns (Loyola University)
Mine Cinar (Loyola University)
Nathalie Hilmi (Center Scientifique-Monaco)
Alain Safa (University of Nice-Antipolis)
[View Abstract]
Natural Resource Wealth and Public Social Spending: Evidence from the Middle East and North Africa
Lara Cockx (University of Leuven)
Nathalie Francken (University of Antwerp)
Mohamed Sami Ben Ali (Qatar University)
[View Abstract]
Discussants:
Jeffrey Nugent (University of Southern California)
Durdane Sirin Saracoglu (Middle East Technical University)
Mine Cinar (Loyola University)
Emin Koksal (Bahcesehir University)
A. Suut Dogruel (Marmara University)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 22
National Association of Economic Educators
Online versus Face to Face Teaching (A2)
Presiding: Helen H. Roberts (University of Illinois-Chicago)
Comparing Student Performance in Blended and Traditional Courses: Does Prior Academic Achievement Matter?
Carlos J. Asarta (University of Delaware)
James R. Schmidt (University of Nebraska-Lincoln)
[View Abstract]
Online vs. Face-to-Face: Pilot Study of a Comparison of Student Outcomes with Random Assignment
John R. Swinton (Georgia College and State University)
[View Abstract] [Download Preview]
Visualizing Data in a Blended Learning Environment Using the Online FRED Database
Diego Mendez-Carbajo (Illinois Wesleyan University)
[View Abstract] [Download Preview] [Download PowerPoint]
Putting Yourself in the Picture: Using Student-Generated Photos to Enhance Introductory Economics Courses
Abdullah Al-Bahrani (Northern Kentucky University)
Kim Holder (University of West Georgia)
Rebecca Moryl (Emmanuel College)
Ryan Murphy (Saint Leo University)
Darshak Patel (University of Kentucky)
[View Abstract]
Discussants:
John R. Swinton (Georgia College and State University)
Carlos J. Asarta (University of Delaware)
Kim Holder (University of West Georgia)
Helen H. Roberts (University of Illinois-Chicago)

Jan 05, 2016 10:15 am, Hilton Union Square, Union Square 19
National Economic Association
Domestic and International Topics in Governance and Human/Health Capital (I2, I2)
Presiding: Emily Blank (Howard University)
A Different World: Analyzing the Gap in Endowments, Graduation Rates, and Cohort Default Rates at Georgia HBCUs and PWCUs
Kristen E. Broady (Atlanta Metropolitan State College)
[View Abstract]
Do Postdoctoral Fellowships Increase the Likelihood of Tenure?
William A. Darity, Jr. (Duke University)
Rhonda Vonshay Sharpe (Bucknell University)
Omari H. Swinton (Howard University)
[View Abstract]
Education, Occupations and Earnings in Durable Goods Manufacturing: 2009-2013.
Lisa Saunders (University of Massachusetts-Amherst)
Jonathan Berke (University of Washington)
[View Abstract]
HIV-AIDS and Development: A Reappraisal of the Productivity and Factor Accumulation Effects
Theophile T. Azomahou (United Nations University UNU-MERIT, Maastricht University, University of Auvergne and CERDI)
Raouf Boucekkine (Aix-Marseille University and GREQAM)
Bity Diene (University of Auvergne & CERDI)
[View Abstract] [Download Preview]
Corruption and Public Human Capital Investments in Developing Countries
Mercy Laita Palamuleni (Gustavus Adolphus College)
[View Abstract]
Discussants:
Pamela Queen (Morgan State University)
Phanindra V. Wunnava (Middlebury College and IZA)
Sharri Byron (Drew University)
Guy Numa (University of Massachusetts-Boston)

Jan 05, 2016 10:15 am, Marriott Marquis, Sierra K
Union for Radical Political Economics
Pluralism in Economic Pedagogy (A2)
Presiding: Ron Baiman (Benedictine University)
The Supply Curve Generally Does Not Exist, So Why Does it Show Up in Virtually Every Introductory Mainstream and Heterodox Text Book?
Ron Baiman (Benedictine University)
[View Abstract] [Download Preview]
What Should First Year Students of Economics and Political Economy be Taught?
Mehrene Larudee (University of Massachusetts-Amherst)
[View Abstract]
Critical Thinking and Pluralism: Reflections on My Pluralist Teaching
Ioana Negru (SOAS-University of London )
[View Abstract]
What Concepts and Principles Should a Pluralist Principles of Economics Textbook Contain?
John Reardon (Hamline University)
[View Abstract]
Discussants:
Gary Mongiovi (St. John's University)
Geoffrey Schneider (Bucknell University)
Scott Weir (Wake Technical Community College)
John Komlos (University of Munich)

Jan 05, 2016 12:30 pm, Parc 55, Powell I
Transportation & Public Utilities Group
Topics in Transportation Economics (L9)
Presiding: Patrick McCarthy (Georgia Institute of Technology)
Deregulation, Competition, and Consolidation: The Case of the German Interurban Bus Industry
Niklas S. Durr (ZEW Centre For European Economic Research)
Sven Hein (ZEW Centre For European Economic Research)
Kai Hueschelrath (ZEW Centre For European Economic Research)
[View Abstract]
Perhaps the Sky's the Limit: Airports and Employment in Local Economies
Marquise McGraw (Middlebury College)
[View Abstract] [Download Preview]
Impacts of Trade Facilitation on Modal Choice in International Trade
Misak Avetisyan (Texas Tech University)
Thomas Hertel (Purdue University)
[View Abstract] [Download Preview]
Substituting Bike Rides for Taxi Trips: Evidence from the Launch of the Citibike Program in New York City
Alejandro Molnar (Vanderbilt University)
Francis Ratsimbazafy (Vanderbilt University)
[View Abstract]
Discussants:
James Nolan (University of Saskatchewan)
Jeffrey Cohen (University of Connecticut)
Jenny Lin (Oregon State University)
Matthew Holien (San Jose State University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Imperial A
American Economic Association
Big Data: Challenges and Insights for Causal Inference (C8, C1)
Presiding: Denis Nekipelov (University of Virginia)
Recursive Partitioning for Estimating Heterogeneous Causal Effects
Susan Athey (Stanford University)
Guido Imbens (Stanford University)
[View Abstract] [Download Preview]
People and Cookies: Imperfect Treatment Assignment in Online Experiments
Michael Bailey (Facebook)
Dominic Coey (Facebook)
[View Abstract] [Download Preview]
Measuring Polarization in High-Dimensional Data: Method and Application to Congressional Speech
Matthew Gentzkow (Stanford University)
Jesse Shapiro (Brown University)
Matt Taddy (University of Chicago)
[View Abstract] [Download Preview]
Uniform Inference with Endogeneity and Big Data
Denis Nekipelov (University of Virginia)
Shakeeb Khan (Duke University)
Justin M. Rao (Microsoft Research)
[View Abstract]
Discussants:
Randall Lewis (Google, Inc.)
Hal Varian (University of California-Berkeley)
Justin M. Rao (Microsoft Research)
Mike Bailey (Facebook)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 22
American Economic Association
Causes and Consequences of Women's Empowerment (D1, I3)
Presiding: Anja Tolonen (University of Gothenburg)
Selling Daughters: Age of Marriage, Income Shocks and Bride Price Tradition
Alessandra Voena (University of Chicago)
Lucia Corno (Queen Mary University of London)
[View Abstract] [Download Preview]
Daughters Improve their Mothers’ Autonomy in South Asia
Rachel Heath (University of Washington)
Xu Tan (University of Washington)
[View Abstract] [Download Preview]
Local Industrial Shocks, Female Empowerment and Infant Health: Evidence from Africa’s Gold Mining Industry
Anja Tolonen (University of Gothenburg)
[View Abstract]
Weakness in Numbers? Female Wellbeing and the Scarcity of Women in the American West
Vellore Arthi (University of Oxford)
Diana Greenwald (University of Oxford)
[View Abstract] [Download Preview]
Discussants:
Marcella Alsan (Stanford University)
Michèle Tertilt (University of Mannheim)
Jesse Anttila-Hughes (University of San Francisco)
Diana Greenwald (University of Oxford)

Jan 05, 2016 1:00 pm, Hilton Union Square, Continental – Parlor 3
American Economic Association
Economic Liberalization and Intergenerational Mobility in China and India (O1, J6)
Presiding: Forhad Shilpi (World Bank)
Trade Liberalization and Intergenerational Occupational Mobility in India
Reshad N. Ahsan (University of Melbourne)
Arpita Chatterjee (University of New South Wales)
[View Abstract] [Download Preview]
Gender, Geography and Generations: Intergenerational Educational Mobility in Post-reform India
M. Shahe Emran (Columbia University)
Forhad Shilpi (World Bank)
[View Abstract] [Download Preview]
The Great Gatsby Curve in China: Cross-sectional Inequality and Intergenerational Mobility
Junsen Zhang (Chinese University of Hongkong)
Yi Fan (London School of Economics)
Junjian Yi (National University of Singapore)
[View Abstract]
Are the Children of Uneducated Farmers Doubly Doomed? Farm, Non-farm and Intergenerational Educational Mobility in Rural China
M. Shahe Emran (Columbia University)
Yan Sun (World Bank)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Bhashkar Mazumder (Federal Reserve Bank of Chicago)
David Levine (University of California-Berkeley)
Craig McIntosh (University of California-San Diego)
Xiaobo Zhang (Peking University and International Food Policy Research Institute)

Jan 05, 2016 1:00 pm, Hilton Union Square, Imperial B
American Economic Association
Economic Uncertainty and Finance (E2, E3)
Presiding: Nicholas Bloom (Stanford University)
Firm Volatility in Granular Networks
Bryan Kelly (University of Chicago)
Hanno Lustig (Stanford University)
Stijn Van Nieuwerburgh (New York University )
[View Abstract] [Download Preview]
The Impact of Uncertainty Shocks for Corporate Financing
Luis Iván Alfaro (Ohio State University)
Nicholas Bloom (Stanford University)
Xiaoji Lin (Ohio State University)
[View Abstract]
Financial Distress and Endogenous Uncertainty
Francois Gourio (Federal Reserve Bank of Chicago)
[View Abstract]
Default Risk and Aggregate Fluctuations in an Economy with Production Heterogeneity
Aubhik Khan (Ohio State University)
Tatsuro Senga (Ohio State University)
Julia Thomas (Ohio State University)
[View Abstract]

Jan 05, 2016 1:00 pm, Hilton Union Square, Continental – Parlor 1
American Economic Association
Educational Innovations and Social Mobility (I2, I3)
Presiding: Marianne Page (University of California-Davis)
Early Childhood Education by MOOC: Lessons from Sesame Street
Melissa S. Kearney (University of Maryland)
Philip B. Levine (Wellesley College)
[View Abstract] [Download Preview]
The Effects of Pre-K Access and Quality on Social Mobility
Brad Hershbein (Upjohn Institute)
Tim Bartik (Upjohn Institute)
[View Abstract] [Download Preview]
Not Too Late: Improving Academic Outcomes for Disadvantaged Youth
Jonathan Guryan (Northwestern University)
Jens Ludwig (University of Chicago)
Roland Fryer (Harvard University)
Philip J. Cook (Duke University)
Kenneth Dodge (Duke University)
[View Abstract] [Download Preview]
A Nudge for Mobility: Increasing Parental Investments in their Children
Susan Mayer (University of Chicago)
Ariel Kalil (University of Chicago)
Philip Oreopoulos (University of Toronto)
Sebastian Gallegos (University of Chicago)
[View Abstract] [Download Preview]
Discussants:
Elizabeth Cascio (Dartmouth College)
Diane W. Schanzenbach (Northwestern University)
Marianne Page (University of California-Davis)

Jan 05, 2016 1:00 pm, Hilton Union Square, Golden Gate 5
American Economic Association
Exchange Rates and Trade (F3)
Presiding: Robert A. Driskill (Vanderbilt University )
Exchange Rate Pass-Through, Currency of Invoicing and Market Share
Wei Dong (Bank of Canada)
Michael B. Devereux (University of British Columbia)
Ben Tomlin (Bank of Canada)
[View Abstract] [Download Preview]
Friends by Sanctions: International Relations, Trade, and Welfare
Yong suk Lee (Stanford University)
[View Abstract]
Risk Sharing in a World with Uncertainty Shocks
Robert Kollmann (European Center for Advanced Research in Economics and Statistics (ECARES), Université Libre de Bruxelles & CEPR)
[View Abstract] [Download Preview]
FX Interventions in Brazil: A Synthetic Cohort Approach
Marcos Chamon (International Monetary Fund)
Marcio Garcia (Pontifical Catholic University of Rio de Janeiro)
Laura de Souza Pitta (Pontifical Catholic University of Rio de Janeiro)
[View Abstract] [Download Preview]

Jan 05, 2016 1:00 pm, Hilton Union Square, Continental – Parlor 2
American Economic Association
Globalization, Organization, and Management: Empirical Evidence from Micro Level Data (F2, F6)
Presiding: Laura Alfaro (Harvard Business School)
The Global Production Line Position of Chinese Firms
Davin Chor (National University Singapore)
Kalina Manova (Stanford University)
Zhihong Yu (University of Nottingham)
[View Abstract]
Exporting and Firm Performance: Evidence from a Randomized Trial
David Atkin (Massachusetts Institute of Technology)
Amit Khandelwal (Columbia University)
Adam Osman (UIUC)
[View Abstract] [Download Preview]
Internalizing Global Value Chains: A Firm-Level Analysis
Laura Alfaro (Harvard Business School)
Pol Antras (Harvard University)
Davin Chor (National University of Singapore)
Paola Conconi (ECARES)
[View Abstract] [Download Preview]
Firm Heterogeneity in Consumption Baskets: Evidence from Home and Store Scanner Data
Benjamin Faber (University of California-Berkeley)
Thibault Fally (University of California-Berkeley)
[View Abstract]
Discussants:
Raffaella Sadun (Harvard Business School)
David Atkin (Massachusetts Institute of Technology)
Claudia Steinwender (Harvard Business School)
David Donaldson (Stanford University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Golden Gate 6 & 7
American Economic Association
International Risks: Pass-Through in Currencies and Capital Flows (F4, F3)
Presiding: Christian Lundblad (University of North Carolina)
The Volatility of International Capital Flows
Winston Dou (Massachusetts Institute of Technology)
Adrien Verdelhan (Massachusetts Institute of Technology)
[View Abstract]
The Costs of Sovereign Default: Evidence from Argentina
Jesse Schreger (Princeton University & Harvard Business School)
Benjamin Hebert (Stanford University)
[View Abstract] [Download Preview]
Volatility Risk Pass-Through
Riccardo Colacito (University of North Carolina)
Mariano Croce (University of North Carolina)
Yang Liu (University of Pennsylvania)
Ivan Shaliastovich (University of Pennsylvania)
[View Abstract] [Download Preview]
Currency Manipulation
Tarek Hassan (University of Chicago )
Thomas Mertens (Federal Reserve Bank of San Francisco)
Tony Zhang (University of Chicago )
[View Abstract] [Download Preview]
Discussants:
Andreas Stathopoulos (University of Washington)
Sylvain Leduc (Federal Reserve Bank of San Francisco)
Andrea Vedolin (London School of Economics)
Ivan Werning (Massachusetts Institute of Technology)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 18
American Economic Association
Labor Productivity (J3)
Presiding: Jamin D. Speer (University of Memphis)
Explaining the German Employment Miracle in the Great Recession – The Crucial Role of Temporary Working Time Reductions
Alexander Herzog-Stein (Macroeconomic Policy Institute)
Fabian Lindner (Macroeconomic Policy Institute)
Simon Sturn (University of Massachusetts)
[View Abstract] [Download Preview]
Organizing Knowledge to Compete: Impacts of Capacity Building Programs on Firm Organization
Leonardo Iacovone (World Bank)
Marcio Cruz (World Bank)
Maurizio Bussolo (World Bank)
[View Abstract]
Employment Protection and Labor Productivity
Carl Magnus Bjuggren (Research Institute of Industrial Economics)
[View Abstract] [Download Preview]
Learning by Driving: Evidence from taxi driver wages in Singapore
Sumit Agarwal (National University of Singapore)
Shih-Fen Cheng (Singapore Management University)
Jussi Keppo (National University of Singapore)
Satyanarain Rengarajan (National University of Singapore)
[View Abstract] [Download Preview]
Productivity Growth in Construction
Leo Sveikauskas (U.S. Bureau of Labor Statistics)
Samuel Rowe (U.S. Bureau of Labor Statistics)
James Mildenberger (U.S. Bureau of Labor Statistics)
Jennifer Price (U.S. Bureau of Labor Statistics)
Arthur Young (U.S. Bureau of Labor Statistics)
[View Abstract]

Jan 05, 2016 1:00 pm, Hilton Union Square, Franciscan C
American Economic Association
Long Hours Jobs and Specialization in Marriage (J2, D1)
Presiding: Madeline Zavodny (Agnes Scott College)
Overtime Premiums, Labor Supply, and the Social Value of Occupations
Dora Gicheva (University of North Carolina at Greensboro)
[View Abstract] [Download Preview]
When Time Binds: Returns to Working Long Hours and the Gender Wage Gap among the Highly Skilled
Patricia Cortes (Boston University)
Jessica Pan (National University of Singapore)
[View Abstract] [Download Preview]
Has the Increased Attachment of Women to the Labor Market Changed the Ability of Families to Smooth Shocks to Family Income?
Olga Gorbachev (University of Delaware)
[View Abstract] [Download Preview]
Selection and Specialization in the Evolution of Marriage Earnings Gaps
Chinhui Juhn (University of Houston)
Kristin McCue (U.S. Census Bureau)
[View Abstract] [Download Preview]
Discussants:
Ronald Oaxaca (University of Arizona)
Ina Ganguli (University of Massachusetts-Amherst)
Bradley Hardy (American University)
Mary Ann Bronson (Georgetown University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Yosemite A
American Economic Association
Macroprudential Policies for Low-Income and Developing Countries (G1, O1)
Presiding: Olivier Jeanne (Johns Hopkins University)
Optimal Precautionary Savings Against Current Account Shocks
Olivier Jeanne (Johns Hopkins University)
Damiano Sandri (International Monetary Fund)
[View Abstract] [Download Preview]
Credit Booms and Macro-Prudential Policies in Low Income Countries
Joseba Martinez (New York University)
Pau Rabanal (International Monetary Fund)
Filiz Derya Unsal (International Monetary Fund)
[View Abstract] [Download Preview]
Capital Control Measures: A New Dataset
Andres Fernandez (Inter-American Development Bank)
Michael Michael Klein (Tufts University)
Alessandro Rebucci (Johns Hopkins University)
Martin Schindler (International Monetary Fund)
Martin Uribe (Columbia University)
[View Abstract] [Download Preview] [Download PowerPoint]
Macroprudential Policies in Low-Income Countries
Jose Carrasco-gallego (University of Portsmouth)
Margarita Rubio (University of Nottigham)
Filiz Derya Unsal (International Monetary Fund)
[View Abstract] [Download Preview]
Discussants:
Alessandro Rebucci (Johns Hopkins University)
Sami Alpanda (University of Central Florida)
Christopher Otrok (University of Missouri)
Luca Guerrieri (Federal Reserve Board)

Jan 05, 2016 1:00 pm, Hilton Union Square, Franciscan D
American Economic Association
Measuring Social Indicators with Mobile Phone Data (C4, I3)
Presiding: Jenny Aker (Tufts University)
Predicting Poverty and Wealth from Mobile Phone Metadata
Joshua Evan Blumenstock (University of Washington)
Gabriel Cadamuro (University of Washington)
Robert On (University of California-Berkeley)
[View Abstract] [Download Preview]
Violence and Cell Phone Communication Patterns: Evidence from Cote d’Ivoire
Sera Linardi (University of Pittsburgh)
Daniel Berger (University of Essex)
Shankar Kalyanaraman (Facebook)
[View Abstract] [Download Preview]
The Adoption of Network Goods: The Spread of Mobile Phones in Rwanda
Daniel Bjorkegren (Brown University)
[View Abstract] [Download Preview]
Mobile Money in Tanzania
Przemyslaw Jeziorski (University of California-Berkeley)
Nicholas Economides (New York University)
[View Abstract] [Download Preview]
Discussants:
Daniel Berger (University of Essex)
Jenny Aker (Tufts University)
Ott-Siim Toomet (Tartu University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Continental – Parlor 9
American Economic Association
New Thinking in Optimal Taxation and Redistribution (H2, D6)
Presiding: Florian Scheuer (Stanford University)
The Openness-Equality Trade-Off in Global Redistribution
Eric Glen Weyl (University of Chicago and Microsoft Research)
[View Abstract] [Download Preview]
Preferences for Taxing Income Versus Wealth
Raymond Fisman (Boston University)
Ilyana Kuziemko (Princeton University)
Suresh Naidu (Columbia University)
[View Abstract]
The Taxation of Superstars
Florian Scheuer (Stanford University)
Ivan Werning (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Popular Acceptance of Morally Arbitrary Luck and Widespread Support for Classical Benefit-Based Taxation
Matthew Weinzierl (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Suresh Naidu (Columbia University)
Stefanie Stantcheva (Harvard University)
Charlotte Cavaille (Institute of Advanced Studies Toulouse)
Raymond Fisman (Boston University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 3 & 4
American Economic Association
Persistence and Culture in Political Economy (Z1, D7)
Presiding: Filipe Campante (Harvard University)
Scars of War: The Long-Term Effects of War Service on Political Preferences
Filipe Campante (Harvard University)
David Yanagizawa-Drott (Harvard University)
[View Abstract]
Can Natural Disasters Have Long Lasting Political Consequences? Evidence from a Massive Earthquake in Early Modern History
Leonardo Baccini (London School of Economics)
Paola Giuliano (University of California-Los Angeles)
Shanker Satyanath (New York University)
[View Abstract]
On the Joint Evolution of Culture and Institutions
Alberto Bisin (New York University)
Thierry Verdier (Paris School of Economics)
[View Abstract] [Download Preview]
Fertility and Modernity
Enrico Spolaore (Tufts University)
Romain Wacziarg (University of California-Los Angeles)
[View Abstract] [Download Preview]
Discussants:
Saumitra Jha (Stanford University)
Noam Yuchtman (University of California-Berkeley)

Jan 05, 2016 1:00 pm, Hilton Union Square, Golden Gate 8
American Economic Association
Productivity Density and Reallocation (R3)
Presiding: Yannis Ioannides (Tufts University)
Urban Accounting for Geographic Concentration of Skill and Welfare Inequality
Yuming Fu (National University of Singapore)
Yang Hao (National University of Singapore)
[View Abstract]
Structural Change and the Aggregate Investment Rate
Junmin Liao (Wuhan University )
[View Abstract] [Download Preview]
Productivity Density and Sorting
Oren Ziv (Harvard University)
[View Abstract]

Jan 05, 2016 1:00 pm, Hilton Union Square, Continental Parlors 7 & 8
American Economic Association
Productivity, Regulation and Allocation: Macro, Industry- and Firm-Level Evidence (D2, O4)
Presiding: Catherine L. Mann (OECD )
Firm-Level Dispersion in Productivity: Is the Devil in the Details?
Lucia S. Foster ( U.S. Census Bureau)
Cheryl A. Grim (U.S. Census Bureau)
John Haltiwanger (University of Maryland and NBER)
Zoltan Wolf (Westat and U.S. Census Bureau)
[View Abstract]
Healthcare Exceptionalism? Productivity and Allocation in the U.S. Healthcare Sector
Amitabh Chandra (Harvard University)
Amy Finkelstein (Massachusetts Institute of Technology)
Adam Sacarny (Columbia University)
Chad Syverson (University of Chicago)
[View Abstract] [Download Preview]
Market Regulations, Prices and Productivity
Gilbert Cette (Banque de France)
Jimmy Lopez (University of Bourgogne)
Jacques Mairesse (CREST, Paris Tech-ENSAE and NBER)
[View Abstract] [Download Preview]
The Impact of Structural Policies on Productivity: New Evidence from Macroeconomic Estimates
Balazs Egert (OECD)
[View Abstract] [Download Preview]
Discussants:
Jan K. De Loecker (Princeton University)
Jonathan Haskel (Imperial College London)
Catherine L Mann (OECD)
Daniel Sichel (Wellesley College)

Jan 05, 2016 1:00 pm, Hilton Union Square, Golden Gate 1 & 2
American Economic Association
Reference Dependence and the Labor Market (J6, J3)
Presiding: Stefano DellaVigna (University of California-Berkeley)
Does Transparency Lead to Pay Compression?
Alexandre Mas (Princeton University)
[View Abstract] [Download Preview]
The Morale Effects of Pay Inequality
Emily Breza (Columbia University)
Supreet Kaur (Columbia University)
Yogita Shamdasani (Columbia University)
[View Abstract]
Fairness and Frictions: The Impact of Unequal Raises on Quit Behavior
Arindrajit Dube (University of Massachusetts Amherst)
Laura Giuliano (University of Miami)
Jonathan Leonard (University of California-Berkeley)
[View Abstract] [Download Preview]
Reference-Dependent Job Search: Evidence from Hungary
Stefano DellaVigna (University of California-Berkeley)
Johannes Friedrich Schmieder (Boston University)
Attila Lindner (University College London)
Balazs Reizer (Central European University)
[View Abstract] [Download Preview]
Discussants:
Kory Kroft (University of Toronto)
Peter Kuhn (University of California-Santa Barbara)
Emily Breza (Columbia University)
Henry Farber (Princeton University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Golden Gate 3 & 4
American Economic Association
Safe Assets and Macroeconomic Policies (E2, G1)
Presiding: Eduardo Davila (New York University)
A Model of the Reserve Asset
Arvind Krishnamurthy (Stanford University)
Zhiguo He (University of Chicago)
Konstantin Milbradt (Northwestern University)
[View Abstract] [Download Preview]
The Safety Trap
Emmanuel Farhi (Harvard University)
[View Abstract]
Optimal Safe Bond Design
Eduardo Davila (New York University)
Charles-Henri Weymuller (French Treasury)
[View Abstract]
Discussants:
Mathieu Taschereau-Dumouchel (University of Pennsylvania)
Edouard Schaal (New York University)
Anton Korinek (Johns Hopkins University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 21
American Economic Association
Sorting, Tasks, and Inequality: New Theory and Evidence (J2, J3)
Presiding: Peter Gottschalk (Boston College)
Rise of the Machines: The Effects of Labor-Saving Innovations on Jobs and Wages
Georg Graetz (Uppsala University)
[View Abstract] [Download Preview]
Taking Selection to Task: Bounds on Trends in Occupational Task Prices for the U.S., 1984-2013
Peter T. Gottschalk (Boston College)
David Alan Greene (University of British Columbia)
Ben MacLean Sand (York University)
[View Abstract] [Download Preview]
The Price of Polarization: Estimating Task Prices under Routine-Biased Technical Change
Michael Johannes Boehm (University of Bonn)
[View Abstract] [Download Preview]
Task Specialization within Establishments and the Decline of Routine Employment
Guido Matias Cortes (University of Manchester)
Andrea Salvatori (ISER and University of Essex)
[View Abstract] [Download Preview]
Discussants:
Zsofia Barany (Sciences Po)
Ariell Reshef (University of Virginia)

Jan 05, 2016 1:00 pm, Hilton Union Square, Plaza A
American Economic Association
The Design and Use of Patents (O3)
Presiding: Carl Shapiro (University of California-Berkeley)
Patent and Research Investments: Assessing the Empirical Evidence
Eric Budish (University of Chicago)
Benjamin Roin (Massachusetts Institute of Technology)
Heidi Williams (Massachusetts Institute of Technology)
[View Abstract] [Download Preview]
Patent Licensing, Technology Transfer, and Innovation
Robin Feldman (University of California-Hastings College of the Law)
Mark Lemley (Stanford University)
[View Abstract] [Download Preview]
Patent Quality and Examination in Europe
Dietmar Harhoff (Max Planck Institute for Innovation and Competition)
[View Abstract] [Download Preview]
Patent Remedies
Carl Shapiro (University of California-Berkeley)
[View Abstract] [Download Preview]
Discussants:
Josh Lerner (Harvard University)
Fiona M. Scott Morton (Yale University)
Stuart Graham (Georgia Institute of Technology)
Timothy Simcoe (Boston University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Yosemite B
American Economic Association
Welfare and Mergers in Vertical Relationships: Theory, Evidence and Policy Implications (L1, L4)
Presiding: Gautam Gowrisankaran (University of Arizona)
Efficiency and Foreclosure Effects of Vertical Rebates: Empirical Evidence
Christopher T. Conlon (Columbia University)
Julie Mortimer (Boston College)
[View Abstract] [Download Preview]
The Welfare Effects of Vertical Integration in Multichannel Television Markets
Gregory S. Crawford (University of Zurich)
Robin S. Lee (Harvard University)
Michael D. Whinston (Massachusetts Institute of Technology)
Ali Yurukoglu (Stanford University)
[View Abstract] [Download Preview]
"Nash-in-Nash" Bargaining: A Microfoundation for Applied Work
Allan Collard-Wexler (Duke University)
Gautam Gowrisankaran (University of Arizona)
Robin S. Lee (Harvard University)
[View Abstract] [Download Preview]
Bargaining Power and Upstream Mergers
Andres Elberg (Universidad Diego Portales)
Gautam Gowrisankaran (University of Arizona)
Carlos Noton (University of Chile)
[View Abstract]
Discussants:
Sofia Villas-Boas (University of California-Berkeley)
Gautam Gowrisankaran (University of Arizona)
Michael Riordan (Columbia University)
Aviv Nevo (Northwestern University)

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 1 & 2
American Finance Association
Bond Markets (G1)
Presiding: Pierre Collin-Dufresne (Ecole Polytechnique Federale de Lausanne)
Jumps in Bond Yields at Known Times
Don Kim (Federal Reserve Board)
Jonathan H. Wright (Johns Hopkins University)
[View Abstract] [Download Preview]
Advance Refundings of Municipal Bonds
Andrew Ang (Columbia University)
Richard C. Green (Carnegie Mellon University)
Yuhang Xing (Rice University)
[View Abstract]
Dealer Inventory and the Cross-Section of Corporate Bond Returns
Nils Friewald (Norwegian School of Economics)
Florian Nagler (Vienna Graduate School of Finance)
[View Abstract] [Download Preview]
Transmission of Quantitative Easing: The Role of Central Bank Reserves
Jens Christensen (Federal Reserve Bank of San Francisco)
Signe Krogstrup (Swiss National Bank)
[View Abstract] [Download Preview]
Discussants:
Mikhail Chernov (University of California-Los Angeles)
Francis Longstaff (University of California-Los Angeles)
Jens Dick-Nielsen (Copenhagen Business School)
Greg Duffee (Johns Hopkins University)

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 3 & 4
American Finance Association
Commodities (G1)
Presiding: Lars Lochstoer (Columbia University)
Commodity Financialization: Risk Sharing and Price Discovery in Commodity Futures Markets
Itay Goldstein (University of Pennsylvania)
Liyan Yang (University of Toronto)
[View Abstract] [Download Preview]
Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution
Erik Gilje (University of Pennsylvania)
Robert Ready (University of Rochester)
Nikolai Roussanov (University of Pennsylvania)
[View Abstract] [Download Preview]
Heterogeneous Beliefs and the Oil State Price Density
Peter Christoffersen (University of Toronto)
Xuhui (Nick) Pan (Tulane University)
[View Abstract]
Commodities as Collateral
Ke Tang (Tsinghua University)
Haoxiang Zhu (Massachusetts Institute of Technology)
[View Abstract]
Discussants:
Anna Pavlova (London Business School)
Ing-Haw Cheng (Dartmouth College)
Anders Trolle (Swiss Finance Institute)
Bryan R. Routledge (Tepper School of Business Carnegie-Mellon University)

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 10 & 11
American Finance Association
Empirical Studies of Banking (G2)
Presiding: Philip Strahan (Boston College)
Credit Default Swaps and Moral Hazard in Bank Lending
Indraneel Chakraborty (Southern Methodist University)
Sudheer Chava (Georgia Institute of Technology)
Rohan Ganduri (Georgia Institute of Technology)
[View Abstract] [Download Preview]
Got Rejected? Real Effects of Not Getting a Loan
Tobias Berg (Bonn University)
[View Abstract] [Download Preview]
What drives banks’ geographic expansion? The role of locally non-diversifiable risk
Reint Gropp (IWH-Halle Institute for Economic Research)
Felix Noth (University of Magdeburg)
Ulrich Schüwer (Goethe University-Frankfurt)
[View Abstract] [Download Preview] [Download PowerPoint]
Discussants:
Greg Nini (Drexel University)
Heitor Almeida (University of Illinois-Urbana-Champai)
Matthieu Chavaz (Bank of England)

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 12 & 13
American Finance Association
Illiquidity in Financial Markets: Information, Taxes and Temperature (G1)
Presiding: Brett Green (University of California-Berkeley)
The Paradox of Financial Fire Sales and the Role of Arbitrage Capital
James Dow (London Business School)
Jungsuk Han (Stockholm School of Economics)
[View Abstract] [Download Preview]
Asymmetric Information and Liquidity Provision
Alberto Teguia (Rice University)
[View Abstract] [Download Preview]
Financial Transaction Taxes, Market Composition, and Liquidity
Jean-Edouard Colliard (HEC Paris)
Peter Hoffmann (European Central Bank)
[View Abstract] [Download Preview]
Liquidity and Market Returns: A Natural Experiment in Pre-1903 Manhattan Summers
Thummim Cho (Harvard University)
[View Abstract] [Download Preview]
Discussants:
Brendan Daley (Duke University)
S. Viswanathan (Duke University)
David Sraer (University of California-Berkeley)
Peter Koudijs (Stanford University )

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 5 & 6
American Finance Association
In Honor of Rick Green (G1)
Presiding: Vincent Glode (University of Pennsylvania)
Tax-Loss Carry Forwards, Investment and Returns
Jack Favilukis (University of British Columbia)
Ron Giammarino (University of British Columbia)
Jose Pizarro (University of British Columbia)
[View Abstract] [Download Preview]
Relationship Trading in OTC Markets
Terry Hendershott (University of California-Berkeley)
Dan Li (Federal Reserve Board)
Dmitri Livdan (niversity of California-Berkeley)
Norman Schurhoff (University of Lausanne)
[View Abstract] [Download Preview]
High Water Marks in Competitive Capital Markets
Susan Christoffersen (University of Toronto)
David Musto (University of Pennsylvania)
Bilge Yilmaz (University of Pennsylvania)
[View Abstract]
Discussants:
Robert McDonald (Northwestern University)
Burton Hollifield (Carnegie Mellon University)
Jonathan Berk (Stanford University)

Jan 05, 2016 1:00 pm, Marriott Marquis, Yerba Buena Salons 14 & 15
American Finance Association
International Risk Sharing and Capital Flows (G1)
Presiding: Tarun Ramadorai (University of Oxford)
Risk Sharing in International Economies and Market Incompleteness
Gurdip Bakshi (University of Maryland-College Park)
Mario Cerrato (University of Glasgow)
John Crosby (University of Glasgow)
[View Abstract] [Download Preview]
Limited Risk Sharing and International Equity Returns
Shaojun Zhang (Hong Kong University)
[View Abstract]
A Pure Measure of Home Bias
Ian Cooper (London Business School)
Piet Sercu (KU Leuven)
Rosanne Vanpée (KU Leuven)
[View Abstract] [Download Preview]
The Coming Wave: Where Do Emerging Market Investors Put Their Money?
Andrew Karolyi (Cornell University)
Eswar S. Prasad (Cornell University)
David Ng (Cornell University)
[View Abstract] [Download Preview]
Discussants:
Ilaria Piatti (University of Oxford)
Rui Albuquerque (Boston University)
Ingrid Werner (Ohio State University)
Pab Jotikasthira (University of North Carolina)

Jan 05, 2016 1:00 pm, Marriott Marquis, Nob Hill A & B
American Finance Association
Shareholder Activism and the Market for Corporate Control (G3)
Presiding: Doron Levit (University of Pennsylvania)
Can Institutional Investors Improve Corporate Governance Through Collective Action?
Craig Doidge (University of Toronto)
I. J. Alexander Dyck (University of Toronto)
Hamed Mahmudi (University of Oklahoma)
Aazam Virani (University of Arizona)
[View Abstract] [Download Preview]
Influencing Control: Jawboning in Risk Arbitrage
Wei Jiang (Columbia University)
Tao Li (Warwick Business School)
Danqing Mei (Columbia University)
[View Abstract] [Download Preview]
Hedge Fund Activism versus Hostile Takeover Bids
Mike Burkart (Stockholm School of Economics & Swedish )
Samuel Lee (Santa Clara University)
[View Abstract] [Download Preview]
Selling Assets: When is the Whole Worth More than the Sum of its Parts?
Robert Marquez (University of California-Davis)
Rajdeep Singh (University of Minnesota )
[View Abstract] [Download Preview]
Discussants:
Laura Starks (University of Texas-Austin)
Nickolay Gantchev (University of North Carolina )
Robert Marquez (University of California-Davis)
Andrey Malenko (Massachusetts Institute of Technology)

Jan 05, 2016 1:00 pm, Marriott Marquis, Nob Hill C & D
American Finance Association
Transparency, Corporate Governance, and Firm Value (G3)
Presiding: Margarita Tsoutsoura (University of Chicago)
Tax Enforcement, Corporate Governance, and Income Diversion: Evidence after Putin's election in 2000
Juan-Pedro Gomez (IE Business School)
Maxim Mironov (IE Business School)
[View Abstract] [Download Preview]
Corporate Tax Havens and Transparency
Morten Bennedsen (INSEAD)
Stefan Zeume (University of Michigan)
[View Abstract] [Download Preview]
Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership
Jan Bena (University of British Columbia)
Miguel Ferreira (Nova School of Business and Economics)
Pedro Matos (University of Virginia)
Pedro Pires (Nova School of Business and Economics)
[View Abstract] [Download Preview]
Discussants:
I. J. Alexander Dyck (University of Toronto)
Michelle Hanlon (Massachusetts Institute of Technology)
Olga Kuzmina (New Economic School)

Jan 05, 2016 1:00 pm, Parc 55, Powell I
American Real Estate & Urban Economic Association
Education, Schools, and the Housing Market (R3, I2)
Presiding: Eric Brunner (University of Connecticut)
Are We Punishing Our Poorest Neighborhoods? Evaluating the Consequences of No Child Left Behind
Keren Horn (University of Massachusetts-Boston)
[View Abstract]
Decentralized School Finance and Metropolitan Suburbanization
Kuzey Yilmaz (University of Rochester)
[View Abstract] [Download Preview]
Do Housing Vouchers Improve Academic Performance? Evidence from New York City
Amy Schwartz (Syracuse University)
Sarah Cordes (New York University)
Ingrid Ellen (New York University)
Keren Horn (University of Massachusetts-Boston)
[View Abstract] [Download Preview]
School Accountability Ratings and Housing Prices: Testing No Child Left Behind
Douglas Woodward (University of South Carolina)
Marcus Allen (Florida Gulf Coast University)
Paulo Guimaraes (University of Porto and Bank of Portugal)
Joseph Von Nessen (University of South Carolina)
[View Abstract]
Discussants:
Stephen Billings (University of North Carolina-Charlotte)
Nicolai Kuminoff (Arizona State University)
Rajashri Chakrabarti (Federal Reserve Bank of New York)
Erik Johnson (University of Richmond)

Jan 05, 2016 1:00 pm, Parc 55, Powell II
American Real Estate & Urban Economic Association/American Finance Association
Special Topics: Real Estate (G1, R2)
Presiding: Sheridan Titman (University of Texas-Austin)
Default Option Exercise over the Financial Crisis and Beyond
Stuart Gabriel (University of California-Los Angeles)
Xudong An (San Diego State University)
Yongheng Deng (National University of Singapore)
[View Abstract] [Download Preview]
When Real Estate is the Only Game in Town
Hyun-Soo Choi (Singapore Management University)
Harrison Hong (Princeton University)
Jeffrey Kubik (Syracuse University)
Jeffrey Thompson (Federal Reserve Board )
[View Abstract] [Download Preview]
Understanding Mortgage Spreads
Nina Boyarchenko (Federal Reserve Bank of New York)
Andreas Fuster (Federal Reserve Bank of New York)
David Lucca (Federal Reserve Bank of New York)
[View Abstract] [Download Preview]
Understanding Housing Market Spillovers: Migration, Sentiment and Information Acquisition
Cristian Badarinza (National University of Singapore)
[View Abstract]
Discussants:
Timothy Riddiough (University of Wisconsin-Madison)
Christopher Parsons (University of California-San Diego)
Amit Seru (University of Chicago)
Chester Spatt (Carnegie Mellon University)

Jan 05, 2016 1:00 pm, Parc 55, Divisadero
Association for Comparative Economic Studies
International Trade Issues in Developing and Transitional Economies (F1, F6)
Presiding: Elizabeth Brainerd (Brandeis University)
Effects of Export Spillovers, FDI, and Ownership Structures on Firms’ Performance
Jan Hanousek (Charles University)
Evžen Kočenda (Charles University)
Pavla Vozárová (Prague School of Economics)
[View Abstract]
Emerging from the Shadows: Entrance to the WTO and Change in the Composition of the Declared Imports
Vladimir Sokolov (Higher School of Economics)
Dmitry Livdan (University of California-Berkeley)
[View Abstract]
Fragmentation and Vertical Intra-Branch Specialization: The Case of Romania
Christophe Rault (Laboratoire d'Economie d'Orléans, CESifo, IZA and WDI University of Michigan)
Anamaria Sova (Economic & Business Research Centre)
Robert Sova (Academy of Economic Studies Bucharest and Bucharest University of Economic Studies)
[View Abstract]
Economic Globalization and Governance: The Role of Social Globalization
Nabamita Dutta (University of Wisconsin-La Crosse)
Deepraj Mukherjee (Kent State University)
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Discussants:
Vladimir Sokolov (Higher School of Economics)
Mostafa Beshkar (Indiana University-Bloomington)
Evžen Kočenda (Charles University)
Gustavo Torrens (Indiana University-Bloomington)

Jan 05, 2016 1:00 pm, Marriott Marquis, Pacific H
Association for Evolutionary Economics
Institutional Approaches to Firms, Development and Markets (B5, O1)
Presiding: Tim Wunder (University of Texas-Arlington)
Shareholders as Rent-Seekers: Institutional Realities of Corporate Governance and the Implications for Economic Theory
Anthony Bonen (New School University)
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Matching Economic Development Policy to the Local Context: Must We?
Richard V. Adkisson (New Mexico State University)
Robert Steiner (New Mexico State University)
[View Abstract] [Download Preview]
Vested Interest’s Influence over Health Care Legislation in the United States in 2009-2010
Antoon Spithoven (Utrecht University-The Netherlands)
[View Abstract] [Download Preview]
Inside Institutional Emergence and Evolution: The Case of New Markets in Collaborative Consumption Goods
Eric Scorsone (Michigan State University)
David Schweikhardt (Michigan State University)
Mary Doidge (Michigan State University)
Danielle Kaminski (Michigan State University)
Samantha Padilla (Michigan State University)
[View Abstract] [Download Preview]
An Invisible Dimension of the Visible Hand: Entry Control in Internal Labor Markets
Anton Oleinik (Memorial University of Newfoundland-Canada)
[View Abstract]
Discussants:
Tim Wunder (University of Texas-Arlington)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 5 & 6
Association of Environmental & Resource Economists
Environmental Regulation in Second-Best Settings (Q5)
Presiding: Meredith Fowlie (University of California-Berkeley)
Limit Pricing and the (In)Effectiveness of the Carbon Tax
Julien Daubanes (ETH Zurich)
Saraly Andrade de Sa (ETH Zurich)
[View Abstract] [Download Preview]
Knowledge Spillovers from Clean and Dirty Technologies
Antoine Dechezleprêtre (London School of Economics)
Ralf Martin (Imperial College)
Myra Mohnen (University College London)
[View Abstract] [Download Preview]
Is One Bird in the Hand Worth Two in the Bush? Second-Best Analysis of European Energy Policy Instruments
Michael Hübler (Leibniz Universitat Hannover)
Oliver Schenker (ZEW Centre For European Economic Research)
Carolyn Fischer (Resources for the Future)
[View Abstract] [Download Preview]
Beneficial Leakage: The Effect of Regional Greenhouse Gas Initiative on Aggregate Emissions
Peter Maniloff (Colorado School of Mines)
Harrison Fell (Colorado School of Mines)
[View Abstract] [Download Preview]
Discussants:
Ryan Kellogg (University of Michigan)
Sabrina Howell (New York University)
Derek Lemoine (University of Arizona)
Erin Mansur (Dartmouth College)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 19
Econometric Society
Debt Constraints and the Macroeconomy (A1)
Presiding: Patrick J. Kehoe (University of Minnesota)
Discount Factors and Employment
Patrick J. Kehoe (University of Minnesota)
Virgiliu Midrigan (New York University)
Elena Pastorino (University of Minnesota)
[View Abstract]
Financial Sector Interconnectedness and Monetary Policy Transmission
Alessandro Barattieri (ESG UQAM and Collegio Carlo Alberto)
Maya Eden (World Bank)
Dalibor Stevanovic (Université du Québec à Montréal)
[View Abstract] [Download Preview]
Money and Credit Redux
Chao Gu (University of Missouri)
Fabrizio Mattesini (University of Rome Tor Vergata)
Randall Wright (U Wisconsin)
[View Abstract] [Download Preview]

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 14
Econometric Society
Dynamic Contracting With and Without Commitment (A1)
Presiding: Daniel Vincent Barron (Northwestern University)
Optimal Incentive Contract with Costly and Flexible Monitoring
Anqi Li (Washington University-St. Louis)
[View Abstract] [Download Preview]
Policies in Relational Contracts
Michael Powell (Northwestern University)
Daniel Barron (Northwestern University)
[View Abstract] [Download Preview] [Download PowerPoint]
Dynamic Moral Hazard with Manipulation of Output Reports
Guy Arie (University of Rochester)
Esat Doruk Cetemen (University of Rochester)
Dmitry Orlov (University of Rochester)
[View Abstract] [Download Preview] [Download PowerPoint]
Relational Contracting with External Enforcement
Joel Watson (University of California-San Diego)
David Miller (University of Michigan)
Trond Olsen (Norwegian School of Economics)
[View Abstract]

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 15
Econometric Society
Frontiers in Regression Discontinuity Designs (A1)
Presiding: Marinho Bertanha (Stanford University)
Nonparametric Quantile Regression with Discontinuities
Tatsushi Oka (National University of Singapore)
[View Abstract]
Identi fication and Inference in Regression Discontinuity Designs with a Manipulated Running Variable (with Francois Gerard and Christoph Rothe)
Miikka Rokkanen (Columbia University)
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Interpreting Regression Discontinuity Designs with Multiple Cutoffs
Matias Cattaneo (University of Michigan)
Luke Keele (Penn State University)
Rocio Titiunik (University of Michigan)
Gonzalo Vazquez-Bare (University of Michigan)
[View Abstract] [Download Preview]
Regression Discontinuity with Many Thresholds
Marinho Bertanha (Stanford University)
[View Abstract]
Identifying Multiple Marginal Effects with a Single Binary Instrument or by Regression Discontinuity
Carolina Caetano (University of Rochester)
Juan Carlos Escanciano (Indiana University)
[View Abstract] [Download Preview]

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 20
Econometric Society
Housing and Macroeconomics (A1)
Presiding: Stefano Giglio (University of Chicago)
Unconventional Monetary Policy and the Allocation of Credit
Christopher Palmer (University of California-Berkeley)
Amir Kermani (University of California-Berkeley)
Marco Di Maggio (Columbia University)
[View Abstract] [Download Preview]
Rational Bubbles: Time-Series Versus Cross-Sectional Tests
Stefano Giglio (University of Chicago)
Matteo Maggiori (Harvard University)
Johannes Stroebel (New York University)
Homeowner Borrowing and Housing Collateral: New Evidence from Expiring Price Controls
Anthony DeFusco (Northwestern University)
[View Abstract] [Download Preview]
Further Evidence on Loan Originations and Defaults in the Mortgage Crisis
Manuel Adelino (Duke University)
Antoinette Schoar (Massachusetts Institute of Technology)
Felipe Severino (Dartmouth College)
Discussants:
Alexander Chinco (University of Illinois-Urbana-Champaign)
Marco Di Maggio (Columbia University)
Philipp Schnabl (New York University)
Charles G. Nathanson (Northwestern University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 13
Econometric Society
Insurance, Migration and Economic Growth (A1)
Presiding: Mark Rosenzweig (Yale University)
Migration and Consumption Insurance in Bangladesh
Costas Meghir (Yale University)
Mushfiq Mobarak (Yale University)
Corina Mommaerts (Yale University)
Melanie Morten (Stanford University)
Ahmed Mobarak (Yale University)
[View Abstract]
Selection, Risk and Urban-Rural Wage Gaps
David Lagakos (University of California-San Diego)
Mushfiq Mobarak (Yale University)
Michael Waugh (New York University)
[View Abstract]
Networks and Misallocation: Insurance, Migration, and the Rural-Urban Wage Gap
Mark Rosenzweig (Yale University)
Kaivan Munshi (University of Cambridge)
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Eating Up Productivity: Social Insurance Traps to Growth
Leandro DeMagalhaes (University of Bristol)
Dongya Koh (University of Arkansas)
Raul Santaeulalia-Llopis (Washington University-St. Louis)
Yu Zheng (City University of Hong Kong)
[View Abstract]
Discussants:
John Kennan (University of Wisconsin-Madison)
Todd Schoellman (Arizona State University)
Clement Imbert (University of Warwick)
Mushfiq Mobarak (Yale University)

Jan 05, 2016 1:00 pm, Hilton Union Square, Union Square 16
Econometric Society
Structural Econometrics Models (A1)
Presiding: Bradley Larsen (Stanford University)
IV Quantile Regression for Group-Level Treatments, with an Application to the Distributional Effects of Trade
Denis Chetverikov (University of California-Los Angeles)
Bradley Larsen (Stanford University)
Christopher Palmer (University of California-Berkeley)
[View Abstract] [Download Preview]
Love and Chance: Equilibrium and Identification in a Large NTU Matching Market with Stochastic Choice
Yu-Wei Hsieh (University of Southern California)
Alfred Galichon (Sciences Po)
[View Abstract] [Download Preview]
Bargaining with Heterogeneous Beliefs: A Structural Analysis of Florida Medical Malpractice Lawsuits
Xun Tang (Rice University)
Antonio Merlo (Rice University)
[View Abstract]
Firm Expansion, Size Spillovers and Market Dominance in Retail Chain Dynamics
Ahmed Khwaja (Yale University)
Jason Blevins (Ohio State University)
Nathan Yang (McGill University)
[View Abstract]
Identifying Collusion in English Auctions
Vadim Marmer (University of British Columbia)
Artyom Shneyerov (Concordia University, CIRANO, CIREQ)
[View Abstract] [Download Preview]