ANNUAL MEETING"EXPANDING THE FRONTIERS OF ECONOMICS" Note: The American Economic Association has posted Conference Papers presented at the 2005 ASSA Conference on the AEA Web site. Over 340 papers have been posted below, as received from the authors. Philadelphia, PA, January 7-9, 2005 Go to: January 7 | January 8 | January 9 Presidential Address: Jan. 7, 8:00 am Economic Determinants of Child Obesity (H0, I0, J0) Presiding: DIANE WHITMORE, University of Chicago JOHN CAWLEY, Cornell University and NBER, SARA MARKOWITZ, Rutgers University-Newark and NBER, and JOHN TAURAS, University of Illinois-Chicago and NBER--Body Weight, Cigarette Prices, Youth Access Laws and Adolescent Smoking Initiation PATRICIA ANDERSON, Dartmouth College, and KRISTIN BUTCHER, Federal Reserve Bank of Chicago--Reading, Writing, and Raisinettes: Are School Finances Contributing to Children's Obesity? THOMAS DELIERE, Harvard University and University of Chicago, and HELEN LEVY, University of Michigan and University of Chicago--Food Expenditure, Home Production, and Material Well-Being of Single Mother Households in the 90s DIANE WHITMORE, University of Chicago--Do School Lunches Contribute to Childhood Obesity? Discussants: DAVID FIGLIO, University of Florida Jan. 7, 8:00 am Firm Compensation and Incentives (D0, J0, M0) Presiding: To be announced. F. ASIS MARTINEZ-JEREZ, Harvard Business School, and PABLO CASAS-ARCE, University of Oxford--Relative Performance Compensation and Dynamic Incentives CINDY ZOGHI, Bureau of Labor Statistics, ALEC LEVENSON, and MICHAEL GIBBS, University of Chicago Why Are Jobs Designed the Way They Are? IMRAN RASUL, University of Chicago, ORIANA BANDIERA, London School of Economics, and IWAN BARANKAY--Relative and Absolute Incentives: Evidence on Worker Productivity Jan. 7, 8:00 am Using Experiments to Measure Cooperation, Charity, and Trust in the Field (C0, D0, H0, J0, L0, M0) Presiding: STEPHEN BURKS, University of Minnesota-Morris ARMIN FALK, University of Bonn--Charitable Giving as a Gift Exchange: Evidence from a Field Experiment STEPHEN BURKS, University of Minnesota-Morris, JEFFREY CARPENTER, Middlebury College, and LORENZ GOETTE, University of Zurich--Performance Pay and the Erosion of Worker Cooperation: Field Experimental Evidence SIMON GÄCHTER, University of St. Gallen, and BENEDIKT HERRMANN, University of Göttingen--Norms of Cooperation and Punishment Among Urban and Rural Dwellers: Evidence from Field Experiments in Russia JUAN-CAMILO CARDENAS, Universidad de Los Andes CEDE--Bringing the Lab to the Field: More Than Changing Subjects Discussants:
LORENZ GOETTE, University of Zurich Jan. 7, 8:00 am Small Business, Entrepreneurship and the Macroeconomy: Empirical Approach (C0, K0, L0, M0, O0) Presiding: YING LOWREY, U.S. Small Business Administration YING LOWREY, U.S. Small Business Administration--Business Density, Entrepreneurship and Economic Well-Being APARNA MATHUR, University of Maryland--A Spatial Model of the Impact of Bankruptcy Law on Entrepreneurship STEVEN DAVIS, University of Chicago, JOHN HALTIWANGER, University of Maryland, and RON JARMIN, U.S. Bureau of the Census--The Role of Young and Small Businesses in Aggregate Productivity Growth MARIA MARSHALL and WHITNEY OLIVER, Purdue University--The Effects of Human, Financial, and Social Capital on the Entrepreneurial Process for Entrepreneurs in Indiana Discussants: Presenters Jan. 7, 8:00 am Technology, Trade, and Foreign Direct Investment Presiding: CATHERINE MANN, Institute for International Economics M. FUAT SENER, Union College--Intellectual Property Rights and Rent Protection in a North-South Product-Cycle Model MICHELLE CONNOLLY, Duke University, and DIEGO VALDERRAMA, Federal Reserve Bank of San Francisco--Implications of Intellectual Property Rights for Dynamics Gains from Trade JANE IHRIG, Federal Reserve Board--The Influence of Technology on Foreign Direct Investment BEATA SMARZYNSKA JAVORCIK,
World Bank, KAMAL SAGGI, Southern Methodist University, and MARIANA
SPATAREANU, World Bank--Does It Matter
Where You Come From? Vertical Spillovers from Foreign Direct Investment
the Discussants:
POL ANTRAS, Harvard University Jan. 7, 8:00 am The Economics of Small Decisions (C0, D0) Presiding: IDO EREV, Technion PAUL ROZIN, University of Pennsylvania--Human Food Selection GEORGE LOEWENSTEIN, Carnegie Mellon University--Vividness, Affect and Decision Making ERNAN HARUVY, University of Texas-Dallas--Two-Stage Prize Promotion Lotteries and the Timing of Prizes IDO EREV, Technion, ALVIN ROTH, Harvard Business School, and ROBERT SLONIM, Case Western Reserve University--The Value of Descriptive Models of Small Decisions Jan. 7, 8:00 am Asset Pricing Theory (D0, E0, G0) Presiding: JUN PAN, Massachusetts Institute of Technology ANNE GRON, Northwestern University, BJORN JORGENSEN, Columbia University, and NICHOLAS POLSON, University of Chicago--Optimal Portfolio Choice and Stochastic Volatility MARKUS BRUNNERMEIER, Princeton University, and LASSE PEDERSEN, New York University--Funding Liquidity and Market Liquidity ARPAD ABRAHAM, Duke University, and EVA CARCELES-POVEDA, State University of New York-Stony Brook--Endogenous Trading Constraints with Incomplete Asset Markets Discussants:
JUN LIU, University of California-Los Angeles Jan. 7, 8:00 am International Evidence on the Impacts of Incentives in Schools (I2) Presiding: CAROLINE HOXBY, Harvard University LORRAINE DEARDEN, CARL EMMERSON, CHRISTINE FRAYNE, and COSTAS MEGHIR, Institute for Fiscal Studies, United Kingdom--Can Education Subsidies stop School Drop-outs? An evaluation of Education Maintenance Allowances in England LUDGER WOESSMANN and THOMAS FUCHS, IFO/University of Munich--What Accounts for International Differences in Student Performance? ERIC HANUSHEK, Stanford University, DANIEL O'BRIEN, University of Texas-Dallas, and STEVEN RIVKIN, Amherst College--The Market for Teacher Quality Discussants:
SUSAN DYNARSKI, Harvard University Jan. 7, 8:00 am The Impact of the Media (D0, L0, G0) Presiding: ULRIKE MALMENDIER, Stanford University ULRIKE MALMENDIER, Stanford University, and GEOFFREY TATE, University of Pennsylvania--Superstar CEOs SENDHIL MULLAINATHAN, Massachusetts Institute of Technology, and ANDREI SHLEIFER, Harvard University--The Market for News STEFANO DELLAVIGNA, University of California-Berkeley, and JOSHUA POLLET, Harvard University--Strategic Release of Information on Friday: Evidence from Earnings Announcements DYCK ALEXANDER, Harvard University, and LUIGI ZINGALES, University of Chicago--The Media and Asset Prices Discussants:
ERIC ZITEWITZ, Stanford University Jan. 7, 8:00 am Motives for Giving (C0) Presiding: LISE VESTERLUND, University of Pittsburgh YUE (JEN) SHANG and RACHEL CROSON, Pennsylvania State University--Social Comparisons in Public Good Provision: Field Experiments from Public Radio YAN CHEN, XIN LI, and JEFF
MACKIE MASON, University of Michigan--An
Economic Model of User Rating in an Online CAGRI KUMRU and LISE VESTERLUND, University of Pittsburgh--The Effect of Status on Charitable Giving JOHN DUFFY, University of Pittsburgh--Maternal Certainty, Paternal Uncertainty, and Holiday Gift-Giving Discussants:
JOHN LIST, University of Maryland Jan. 7, 8:00 am The Economics of Social Conflict (D0, E0, F0, H0, K0, N0, O0) Presiding: ERNESTO DAL BO, University of California-Berkeley HERSCHEL GROSSMAN and DANIEL MEJIA, Brown University--The War on Drugs EDWARD MIGUEL and GERARD ROLAND, University of California-Berkeley--Long-Run Economic Development Consequences of the Vietnam War ERNESTO DAL BO, University of California-Berkeley, and PEDRO DAL BO, Brown University--Workers, Warriors and Criminals: Social Conflict in General Equilibrium Jan. 7, 8:00 am Health, Education and Welfare--Poster Session (I0) Presiding: REBECCA BLANK, University of Michigan MARK W. SMITH, VA Palo Alto--Childhood Abuse and Welfare Use AUDRA BOWLUS, University of Western Ontario, and SHANNON SEITZ, Queen's University--Domestic Violence, Employment and Divorce REAGAN BAUGHMAN, University of New Hampshire--Racial Segregation and the Effectiveness of Expanding Public Health Insurance for Children BO MacINNIS, University of California-Berkeley--Are Environmental Toxins a Source of Health Shocks to Children? Evidence from Hispanic Children in the U.S. DAVID FRISVOLD, KATHRYN ANDERSON, and JAMES FOSTER, Vanderbilt University--Investing in Health: The Long-Term Impact of Head Start HSIN-YU TSENG, University of Chicago--Increases in Risk and the Demand for Insurance: Evidence from the Health and Retirement Study JAMES SULLIVAN, University of Notre Dame--Welfare Reform and Vehicle Ownership: Do Asset Tests and Vehicle Exemptions Matter? JENNIFER FOSTER, University of South Australia, PETER ARCIDIACONO, NATALIE GOODPASTER, and JOSH KINSLER, Duke University--Estimating Spillovers in the Classroom with Panel Data JENNIFER THACHER, EDWARD MOREY, and EDWARD CRAIGHEAD, University of Colorado-Boulder--Modeling and Estimating Preferences over Treatment Programs for Depression JOYDEEP ROY, Princeton University--Impact of School Finance Reform on Resource Equalization and Academic Performance: Evidence from Michigan MATZ DAHLBERG and KARIN EDMARK, Uppsala University, Sweden--Is There a "Race-to-the-Bottom" in the Setting of Welfare Benefit Levels? Evidence from a Policy Intervention MEENA SESHAMANI and KEVIN VOLPP, University of Pennsylvania--The Effect of Cuts in Medicare Reimbursement on Quality of Hospital Care PRAVEEN DHANKHAR, MAHMUD KHAN, and ILA ALAM, Tulane University--Threat of Malpractice Lawsuit, Physician Behavior and Health Outcomes: Implications for "Optimal" Threat Level RUCKER JOHNSON, University of Michigan--Racial Differences in Asthma Prevalence and Morbidity SILVIA PEZZINI, London School of Economics--The Effect of Women's Rights on Women's Welfare: Evidence from a Natural Experiment Jan. 7, 8:00 am International Trade and New Directions for Open Economy Macroeconomics (F0) Presiding: FABIO GHIRONI, Boston College MARC MELITZ, Harvard University, and FABIO GHIRONI, Boston College--International Trade and Macroeconomic Dynamics with Heterogeneous Firms GIANCARLO CORSETTI, European University Institute, University of Rome III and CEPR, PHILIPPE MARTIN, University of Paris, CERAS, and CEPR, and PAOLO PESENTI, Federal Reserve Bank of New York--The Home Market Effect and the International Transmission Mechanism KIM RUHL, University of Texas--Solving the Elasticity Puzzle in International Economics PAUL BERGIN, University of California-Davis, and REUVEN GLICK, Federal Reserve Bank of San Francisco--Productivity and Tradability Discussants:
KEI-MU YI, Federal Reserve Bank of Philadelphia Jan. 7, 8:00 am Interactions Between Urban Housing and Labor Markets (R0, J0) Presiding: DAVID NEUMARK, Public Policy Institute of California JUDITH HELLERSTEIN, University of Maryland, and DAVID NEUMARK, Public Policy Institute of California--Workplace Segregation in the United States: Race, Ethnicity, and Skill PATRICK BAYER, Yale University, and STEPHEN ROSS, University of Connecticut--Urban Unemployment and Residential Location Choice JEFFREY KLING, Princeton University, JEFFREY LIEBMAN, and LAWRENCE KATZ, Harvard University--Moving to Opportunity and Tranquility: Neighborhood Effects on Adult Economic Self-Sufficiency and Helath from a Randomized Housing Voucher Experiment ETIENNE WASMER, University of Quebec-Montreal--Housing Market Discrimination, Housing Regulations and Intermediaries Discussants:
JEFFREY ZAX, University of Colorado Jan. 7, 10:15 am Financial Economics, Macroeconomics, and Econometrics: The Interface (C0) Presiding: FRANCIS X. DIEBOLD, University of Pennsylvania TORBEN G. ANDERSEN, Northwestern University, TIM BOLLERSLEV, Duke University, and FRANCIS X. DIEBOLD, University of Pennsylvania--A Framework for Exploring the Macroeconomic Determinants of Systematic Risk MARTIN D. EVANS, Georgetown University, and RICHARD K. LYONS, University of California-Berkeley--Meese-Rogoff Redux: Micro-Based Exchange Rate Forecasting FRANCIS X. DIEBOLD, University of Pennsylvania, MONIKA PIAZZESI, University of Chicago, and GLENN D. RUDEBUSCH, Federal Reserve Bank of San Francisco--Modeling Bond Yields in Finance and Macroeconomics Discussant: MICHAEL BRANDT, Duke University Jan. 7, 10:15 am Social Networks (A0) Presiding: MATTHEW JACKSON, California Institute of Technology FRANCIS BLOCH, University of Aix-Marseille, GARANCE GENICOT, Georgetown University, and DEBRAJ RAY, New York University--Informal Insurance in Social Networks JACOB GOEREE, ARNO RIEDL,
and ALJAZ ULE, University of Amsterdam--In
Search of Stars: Efficiency, Equity and the DEAN CORBAE, University of Texas, and JOHN DUFFY, University of Pittsburgh--Contagion: Experimental Evidence across Network Structures ANTONI CALVO-ARMENGOL, Autonoma University of Barcelona, and MATTHEW JACKSON, California Institute of Technology--Like Father, Like Son: The Role of Networks in Social and Economic Mobility Discussants:
RACHEL KRANTON, University of Maryland Jan. 7, 10:15 am The Effect of Social Security Reform on Economic Behavior and Well-Being (G0, H0, J0) Presiding: SYLVESTER SCHIEBER, Watson Wyatt Worldwide AMY REHDER HARRIS and JOHN SABELHAUS, Congressional Budget Office--Behavioral Effects of Social Security Reform in a Micro-Simulation with Life Cycle Agents JONATHAN GRUBER, Massachusetts Institute of Technology and NBER, and GARY ENGELHARDT, Dartmouth College--Social Security and the Evolution of Elderly Poverty SHINICHI NISHIYAMA, Congressional Budget Office, and KENT SMETTERS, University of Pennsylvania and NBER--Does Privatizing Social Security Produce Efficiency Gains? MÅRTEN PALME, Stockholm University, PAUL SÖDERLIND, University of St. Gallen, and ANNIKA SUNDEN, National Social Insurance Board and Stockholm University--Investment Choice in the Swedish Premium Pension Plan Discussants:
OLIVIA MITCHELL, University of Pennsylvania Jan. 7, 10:15 am Cars, Gas, and Pollution Policies (D0, H0, L0, O0, Q0) Presiding: MARGARET WALLS, Resources for the Future ANTONIO BENTO, University of California-Santa Barbara, LAWRENCE GOULDER, MARK JACOBSEN, EMERIC HENRY, Stanford University, and ROGER VAN HAEFEN, University of Arizona--Efficiency and Distributional Impacts of U.S. Policies to Reduce Automobile Pollution IAN PARRY, Resources for the Future--Is Pay-as-You-Drive Insurance a Better Way to Reduce Gasoline than Gasoline Taxes? SARAH WEST, Macalester College, and ROBERTON WILLIAMS, University of Texas-Austin--The Cost of Reducing Gasoline Consumption DON FULLERTON and LI GAN, University of Texas-Austin--Cost-Effective Policies to Reduce Vehicle Emissions Discussants:
KENNETH SMALL, University of California Jan. 7, 10:15 am The Future of Medicare (Lectures) Presiding: JONATHAN SKINNER, Dartmouth College JOSEPH P. NEWHOUSE, Harvard University MARK McCLELLAN, Centers for Medicare and Medicaid Services ROBERT REISCHAUER, Urban Institute Jan. 7, 10:15 am Industrial Organization--Poster Session (L0) Presiding: ROBERT PORTER, Northwestern University ALEXANDER MATROS, University of Pittsburgh--Players with Fixed Resources in Elimination Tournaments TATIANA KORNIENKO, University of Stirling, UK, and ED HOPKINS, University of Edinburgh, UK--All Must Have Prizes? Tournaments, Matching and Inequality MATTHIEU WYART and JEAN-PHILIPPE BOUCHAUD--Self-referential Behavior, Overreaction and Conventions in Markets FLAVIO TOXVAERD, Hebrew University of Jerusalem, and ALEX GERSHKOV--Auctioneer Estimates and Credulous Buyers Revisited CHERYL LONG and TAKAO KATO, Colgate University--Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges CLAUDIA M. LANDEO and MAXIM
NIKITIN, University of Alberta--Deterrence,
Lawsuits, and Litigation Outcomes under DAN BERNHARDT, University of Illinois-Urbana-Champaign, and NADIA MASSOUD--Endogenous ATM Networks and Pricing DAVID JUST, Cornell University, STEVEN WU, Ohio State University, and LARA PLATT, Cornell University--The Prevalence of Negative Incentives in Contracts and Non-Expected Utility EDWIN LAI, City University of Hong Kong, RAYMOND RIEZMAN, University of Iowa, and PING WANG, Vanderbilt University--Outsourcing of Innovation GIORDANO MION, CORE-UCL, and MIREN LAFOURCADE--Concentration, Spatial Clustering and the Size of Plants: Disentangling the Sources of Co-location Externalities HILARY SIGMAN, Rutgers University-New Brunswick--The Effects of Environmental Liability on Brownfield Redevelopment JASJIT SINGH, Harvard Business School--Collaborative Networks as Determinants of Knowledge Diffusion Patterns KAI SUELZLE, IFO Institute for Economic Research--Duopolistic Competition between Independent and Collaborative B2B Marketplaces PAUL LEIBY, Oak Ridge National Laboratory, JONATHAN RUBIN, University of Maine, and DAVID GREENE--Tradable Fuel Economy Credits for Cars and Light Trucks ROBERT OXOBY, University of Calgary, and COLETTE FRIEDRICH--Trust and the Structure of Incentives TOSHIAKI IIZUKA, Vanderbilt University--An Empirical Analysis of Planned Obsolescence TUNAY TUNCA and HAIM MENDELSON, Stanford University--Liquidity in Industrial Exchanges VICENTE PONS, WILLIAM N. GOETZMANN, Yale University, and S. ABRAHAM RAVID, Rutgers University-Newark--Soft Information, Hard Sell: The Role of Soft Information in the Pricing of Intellectual Property XINYU HUA, Northwestern University--Stategic Ex-ante Contracts: Rent Extraction and Opportunity Costs Jan. 7, 10:15 am New Perspectives on Reputation and Debt (F0, N0) Presiding: JONATHAN EATON, New York University V.V. CHARI and PATRICK KEHOE, University of Minnesota--Why Do Governments Issue So Much Short-Term External Debt? MARK WRIGHT, Stanford University--Coordinating Creditors in Reputation Models of Debt KENNETH ROGOFF, Harvard University, and JEREMY BULOW, Stanford University--Grants versus Loans for Development Banks Discussants:
ANDREW ATKESON, University of California Jan. 7, 10:15 am A New Lens on the Labor Market: Using Longitudinal Matched Employer-Employee Data (J0, L0) Presiding: JOHN HALTIWANGER, University of Maryland JOHN ABOWD, Cornell University and NBER, ROBERT CREECY, and KEVIN McKINNEY, U.S. Bureau of the Census--Who You Are vs. Where You Work: Using a Mixed-Effects Model to Decompose Wages FREDRIK ANDERSSON, Urban Institute, MATTHEW FREEDMAN, University of Maryland, JOHN HALTIWANGER, University of Maryland and NBER, JULIE LANE, National Science Foundation, KATHRYN SHAW, Stanford University and NBER--Earnings Profiles, Worker Turnover and Demand Shocks in the Software Industry SEBASTIEN DELARRE, INSEE, RICHARD DUHAUTOIS, INSEE-CREST, and FRANCIS KRAMARZ, INSEE-CREST, CEPR, and IZA--Networks of Mobility JOHN ABOWD, Cornell University, JOHN HALTIWANGER, University of Maryland and NBER, JULIA LANE, National Science Foundation, KEVIN McKINNEY, and KRISTIN SANDUSKY, U.S. Bureau of the Census--The Impact of Changing Technology on the Demand for Older Workers Discussants:
CHARLES BROWN, University of Michigan Jan. 7, 10:15 am New Developments in High School Economics (A2) Presiding: MICHAEL WATTS, Purdue University ALAN KRUEGER, Princeton University--Using a Web-Based Questionnaire as an Aide for High School Economics Instruction DON R. LEET, California State University-Fresno, and JANE S. LOPUS, California State University-Hayward--A Review of High School Economics Textbooks STEPHEN BUCKLES, Vanderbilt University, and WILLIAM WALSTAD, University of Nebraska-Lincoln--The National Assessment of Educational Progress in Economics: Framework, Features, and Specifications WILLIAM WALSTAD, University of Nebraska-Lincoln, and MICHAEL WATTS, Purdue University--Research in Economic Education in the Schools: Findings and an Agenda Discussants:
RAE JEAN GOODMAN, U.S. Naval Academy Jan. 7, 10:15 am Practical Market Design: Four Matches (C0) Presiding: ALVIN ROTH , Harvard University PARAG PATHAK, ATILA ABDUKADIROGLU, Columbia University, and ALVIN ROTH, Harvard University--The New York City High School Match ATILA ABDUKADIROGLU, Columbia University, PARAG PATHAK, ALVIN ROTH, Harvard University, and TAYFUN SONMEZ, Koc University and Harvard University--The Boston Public School Match MURIEL NIEDERLE, Stanford University, and ALVIN ROTH, Harvard University--Reconstituting a Gastroenterology Fellowship Match UTKU UNVER, Koc University, ALVIN ROTH, Harvard University, and TAYFUN SONMEZ, Koc University and Harvard University--A Kidney Exchange Clearinghouse in New England Discussant: PAUL MILGROM, Stanford University Jan. 7, 10:15 am New Approaches to Discrimination (J0) Presiding: STEVEN D. LEVITT, University of Chicago and American Bar Foundation MARIANNE BERTRAND, University of Chicago, and SENDHIL MULLAINTHAN, Massachusetts Institute of Technology--Implicit Discrimination REBECCA BLANK, University of Michigan--Tracing the Economic Impact of Cumulative Discrimination GLENN LOURY, Boston University, and HANMING FANG, Yale University--‘Dysfunctional Identities’ Can Be Rational JOSEPH ALTONJI, Yale University--Employer Learning, Statistical Discrimination and Occupational Attainment Discussants:
DAN BLACK, Syracuse University Jan. 7, 10:15 am Modeling and Interpreting Policy Actions (E0, C0, N0) Presiding: PETER TINSLEY, George Washington University CHARLES L. EVANS and DAVID MARSHALL, Federal Reserve Bank of Chicago--Identifying Fundamental Shocks Using Model-Based Measures SHARON KOZICKI, Federal Reserve Bank of Kansas City, and PETER TINSLEY, George Washington University--Greenbook Natural Rates for Unemployment and Inflation WILLIAM A. BROCK and STEVEN N. DURLAUF, University of Wisconsin-Madison--Local Robustness Analysis: Theory and Application JOHN C. WILLIAMS, Federal Reserve Bank of San Francisco--Optimal Monetary Policy in a Model with Unobserved Time-Varying Parameters Discussants:
MARK WATSON, Princeton University Jan. 7, 10:15 am Political Economics of Equity Markets (D0, G0) Presiding: JEFFREY MILYO, University of Chicago RANDALL KROSZNER, University of Chicago, and THOMAS STRATMANN, George Mason University--Corporate Campaign Contributions, Repeat Giving, and the Rewards to Legislator Reputation SCOTT SMART, Indiana University, and JEFFREY MILYO, University of Chicago--Sex, Money and Power: Market Reaction to a Sudden Change in Political Leadership ERIC HELLAND, Claremont McKenna College--Reputational Penalties and the Merits of Class Action Securities Litigation Discussants:
JEFFREY MILYO, University of Chicago Jan. 7, 10:15 am Innovations of U.S. Commercial Policy: Economics of the New Regionalism (F0) Presiding: ROBERT BALDWIN, University of Wisconsin AYHAN KOSE and ALESSANDRO REBUCCI, International Monetary Fund--How Do Regional Trade Agreements Affect Business Cycles? NAFTA and CAFTA SHERRY STEPHENSON, Organization of American States--The Free Trade Area of the Americas: How Deep an Integration in the Western Hemisphere? MICHAEL G. PLUMMER, Johns Hopkins University, and SEIJI NAYA, East-West Center--The Economics of the U.S. Enterprise for ASEAN Initiative MORDECHAI E. KREININ, Michigan State University, JORGE GONZALEZ, Trinity University, and Michael G. Plummer, John Hopkins University--International Price Effects of NAFTA Discussants:
RACHEL McCULLOCH, Brandeis University Jan. 7, 10:15 am Institutional Change in Transition and Development (D0, J0, P0, L0, O0) Presiding: JAN SVEJNAR, University of Michigan GERARD ROLAND, University of California--Institutions and Entrepreneurship in Transition TITO BOERI, Bocconi University, and MARION MACIS, University of Chicago--Institutional Tradeoffs in the Transition LEORA KLAPPER, LUC LAEVEN, World Bank, and RAGHURAM RAJAN, International Monetary Fund--Institutions, Business Environment and Firm Entry Discussants:
STANLEY FISCHER, Citigroup Jan. 7, 10:15 am NAFTA: Past, Present and Future (F2) Presiding: DOMINICK SALVATORE, Fordham University AGUSTIN CARSTENS, International Monetary Fund--Mexico's Benefits and Costs from NAFTA JAMES DEAN, Simon Fraser University, and VIVEK H. DEHEJIA, Carleton University--The Social Dimensions of Globalization: NAFTA Ten Years On GEORGE VON FURSTENBERG, Indiana University--Mexico in NAFTA: Welfare-Benefit Dissipation Due to Lack of a Common Currency DOMINICK SALVATORE, Fordham University--NAFTA: Expectations versus Outcomes THOMAS WILLETT, Claremont Graduate University--What Exchange Rate Regimes for NAFTA? Jan. 7, 2:30 pm Novel Approaches to Welfare Economics and Measurement Presiding: SABINA ALKIRE, Harvard University WIEBKE KUKLYS, Max Planck Institute for Research in Economic Systems, Jena, and INGRID ROBEYNS, University of Amsterdam--Sen's Capability Approach to Welfare Economics PRASANTA PATTANAIK, University of California-Riverside--Dominance, Paternalism and Standard of Living Comparisons in the Framework of Functionings WULF GAERTNER, University of Osnabruck, and YONGSHENG XU, Georgia State University--Alternative Proposals to Measure the Standard of Living when its Development over Time Is Uncertain SABINA ALKIRE, Harvard University--Measuring the Freedom Aspects of Capabilities Discussants:
SUDHIR ANAND, University of Oxford Jan. 7, 2:30 pm Regulation and the High Cost of Housing Presiding: ANITA SUMMERS, University of Pennsylvania JOHN M. QUIGLEY and STEVEN RAPHAEL, University of California-Berkeley--Local Land-Use Regulation and the High Price of Housing: California During the 1990s EDWARD L. GLAESER, Harvard University, and JOSEPH GYOURKO, University of Pennsylvania--Why Have Housing Prices Gone Up? RICHARD K. GREEN, George Washington University, STEPHEN MALPEZZI, University of Wisconsin, and STEPHAN K. MAYO, Lincoln Institute of Land Policy--Metropolitan-Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources Discussants:
EDGAR OLSEN, University of Virginia Jan. 7, 2:30 pm Neuroscientific Foundations of Economics Presiding: ERNST FEHR, University of Zurich JONATHAN COHEN, Princeton University--The Vulcanization of the Human Brain: The Neural Bases of Cognition-Emotion Interactions in Decision TANIA SINGER, University College London--The Neuroeconomics of Mind Reading and Empathy ERNST FEHR and URS FISCHBACHER, University of Zurich--Neuroeconomic Foundations of Trust and Social Preferences: Initial Evidence Discussants:
DAVID LAIBSON, Harvard University Jan. 7, 2:30 pm Poverty, Inequality and Conflict Presiding: FRANCES STEWART, University of Oxford TILMAN BRUECK, German Institute for Economic Research (DIW Berlin)--The Welfare Effects of Farm Household Activity Choices in Post-War Mozambique PHILIP VERWIMP, Catholic University of Leuven and Yale University--An Economic Profile of Peasant Perpetrators of Genocide: Micro-Level Evidence from Rwanda PATRICIA JUSTINO, University of Sussex--Redistribution and Civil Unrest FRANCES STEWART, University of Oxford--Policies towards Horizontal Inequalities in Post-Conflict Reconstruction Discussants:
STEFAN DERCON, University of Oxford Jan. 7, 2:30 pm Institutions and International Economics Presiding: T.N. SRINIVASAN, Yale University ROBERT F. OWEN, University of Nantes--Governance and Economic Integration: An Analytical Framework DARON ACEMOGLU, Massachusetts Institute of Technology--Globalization and Democracy HAMID MOHTADI, University of Wisconsin, and TERRY L. ROE, University of Minnesota--Trade, Information and Corruption: A Signaling Game LUIGI GUISO, University of Sassari, PAOLA SAPIENZA, Northwestern University, and LUIGI ZINGALES, University of Chicago--Cultural Biases in Economic Exchange Discussants:
TAMIM BAYOUMI, International Monetary Fund Jan. 7, 2:30 pm Insurance Markets and Health Care Presiding: JONATHAN GRUBER, Massachusetts Institute of Technology MICHAEL CHERNEW, University of Michigan, DAVID CUTLER, and PATRICIA KEENAN, Harvard University--Rising Premiums, Charity Care, and the Decline in Private Health Insurance KATHERINE BAICKER and AMITABH CHANDRA, Dartmouth College--The Consequences of the Growth of Health Insurance Premiums MARK PAULY, University of Pennsylvania--Effects of Insurance Coverage on Use of Care and Health Outcomes For Non-poor Young Women AMY FINKELSTEIN, Harvard University and NBER, KATHLEEN McGARRY, University of California-Los Angeles, and AMIR SUFI--Dynamic Inefficiencies in Insurance Markets: Evidence from Long-Term Care Insurance Discussants:
AMITABH CHANDRA, Dartmouth College Jan. 7, 2:30 pm Alcohol Taxation and Control Presiding: PHILIP COOK, Duke University MICHAEL GROSSMAN, City University of New York, ROBERT KAESTNER, University of Illinois-Chicago, and SARA MARKOWITZ, Rutgers University-Newark--An Investigation of the Effects of Substance Use Policies on Youth Sexually Transmitted Diseases CHRISTOPHER CARPENTER, University of Michigan--Heavy Alcohol Use and Crime: Evidence from Underage Drunk Driving Laws DON KENKEL, Cornell University--Are Alcohol Tax Hikes Fully Passed through to Prices? Evidence from Alaska PHILIP COOK and FRANK SLOAN, Duke University--The Incidence and Fairness of Alcohol Excise Taxes Discussants:
ROSALIE PACULA, RAND Corporation Jan. 7, 2:30 pm Antitrust in the New Economy (Lectures) Presiding: DANIEL
RUBINFELD, University of California-Berkeley Jan. 7, 2:30 pm Perspectives on Research and Teaching in Economics (A2) Presiding: DANIEL S. HAMERMESH, University of Texas-Austin WILLIAM E. BECKER, JR., Indiana University, and PETER KENNEDY, Simon Fraser University--Does Teaching Enhance Research in Economics? WILLIAM WALSTAD and SAM ALLGOOD, University of Nebraska-Lincoln--Research and Teaching in Economics and Other Subjects: Findings from a National Survey of Faculty RONALD G. EHRENBERG, Cornell University--Involving Undergraduate Students in Research to Encourage Undertake PhD Study in Economics Discussants:
JOHN J. SIEGFRIED, Vanderbilt University Jan. 7, 2:30 pm On the 75th Anniversary of the Opportunity Cost Formulation of Comparative Advantage Presiding: RONALD JONES, University of Rochester PAUL SAMUELSON, Massachusetts Institute of Technology--1925-1950 Elizabethan Age for Pure Trade Theory ALAN DEARDORFF, University of Michigan--How Robust is Comparative Advantage? DANIEL BERNHOFEN and JOHN BROWN, Clark University--Comparative Advantage: From Theory to Data Discussants:
RONALD JONES, University of Rochester Jan. 7, 2:30 pm Social Interactions in Education Presiding: DAVID FIGLIO, University of Florida TIM SASS and MARY BURKE, Florida State University--Classroom Peer Effects and Student Achievement DAVID FIGLIO, University of Florida--Boys Named Sue: Disruptive Children and Their Peers BRUCE SACERDOTE, Dartmouth College, and DAVID MARMAROS, Google.com--How Friendships Form Jan. 7, 2:30 pm What Drives Current Accounts in the World? Presiding: FILIPPO DI MAURO, European Central Bank OLIVIER BLANCHARD, Massachusetts Institute of Technology, and FRANCESCO GIAVAZZI, Universita Bocconi--The U.S. Current Account and the Dollar AART KRAAY, World Bank, and JAUME VENTURA, Universitat Pompeu Fabra--International Risk Sharing with Demand Shocks M. BUSSIERE, MARCEL FRATZSCHER, European Central Bank, and G. MUELLER, European University Institute, Florence--Current Account Dynamics in OECD and EU Acceding Countries: An Intertemporal Approach G.M. MILESI-FERRETTI, International Monetary Fund, and PHILIP LANE, Trinity College Dublin--Financial Globalization and Exchange Rates Discussants:
KENNETH ROGOFF, Harvard University Jan. 7, 2:30 pm Dynamic Scoring Presiding: JAMES POTERBA, Massachusetts Institute of Technology ROBERT CARROLL, U.S. Department of the Treasury--Taxpayer Behavior and Dynamic Responses to Tax Changes NICHOLAS BULL, Joint Committee on Taxation, JOHN DIAMOND, James A. Baker III Institute for Public Policy, TIMOTHY DOWD, and PAMELA MOOMAU Joint Committee on Taxation--The Role of Dynamic Scoring in the Federal Budget Process: Closing the Gap between Theory and Practice BENJAMIN PAGE, Congressional Budget Office--CBO's Analysis of the Macroeconomic Effects of the President's Budgets ALAN AUERBACH, University of California-Berkeley, and ERIC ENGEN, American Enterprise Institute--Dynamic Scoring: An Introduction to the Issues Discussants:
AUSTAN GOOLSBEE, University of Chicago Jan. 7, 2:30 Economic News and International Market Reaction Presiding: LINDA GOLDBERG, Federal Reserve Bank of New York JOHN ROGERS, JON FAUST, and JOHN WRIGHT, Federal Reserve Board--The High-Frequency Response of Exchange Rates and Interest Rates to Macroeconomic Announcements LINDA GOLDBERG, Federal Reserve Bank of New York, and MICHAEL KLEIN, Tufts University--Economic News, Inflation Expectations, and Policy Latitude for Central Banks CLARA VEGA, University of Rochester, and FRANCIS X. DIEBOLD, University of Pennsylvania, and TORBEN ANDERSEN, Northwestern University--Joint Real Time Price Discovery in Stock, Bond, and Foreign Exchange Markets Discussants: RICHARD LYONS, University of California-Berkeley Jan. 7, 2:30 pm International Corporate Governance Presiding: LAURA T. STARKS, University of Texas CRAIG DOIDGE, University of Toronto, G. ANDREW KAROLYI, and RENE M. STULZ, Ohio State University--Why Do Countries Matter So Much for Governance? KOSE JOHN, LUBOMIR LITOV and BERNARD YEUNG, New York University--Corporate Governance and Managerial Risk Taking: Theory and Evidence MIHIR A. DESAI, ALEXANDER DYCK, Harvard University, and LUIGI ZINGALES, University of Chicago--Corporate Governance and Taxation Discussants:
B. ESPEN ECKBO, Dartmouth College Jan. 7, 2:30 pm Returns to Schooling and Investment in Education in China's Economic Transition (P0, J0, H0) Presiding: BELTON FLEISHER, Ohio State University DENNIS YANG, Virginia Tech--Determinants of Schooling Returns during Transition: Evidence from Chinese Cities BELTON FLEISHER, Ohio State University, HAIZHENG LI, Georgia Institute of Technology, and SHI LI, China Academy of Social Sciences--Sorting, Selection, and Transformation of the Return to College Education in China BELTON FLEISHER, Ohio State University, and XIAOJUN WANG, University of Hawaii--Semi-parametric Estimation of Returns to Schooling in China's Econonomic Transformation GREGORY CHOW, Princeton University, and YAN SHEN, Peking University--The Role of Private Funding in China's Education System Discussants:
JEFFERY ZAX, University of Colorado Jan. 7, 2:30 pm The Andrew Brimmer Policy Forum: National Economic and Financial Policies for Growth, Employment, and the Improvement of Equity Presiding: EDWARD J. KANE, Boston College ROGER W. FERGUSON, JR., Federal Reserve Board--U.S. Monetary Policy Speaker to be announced--Economic Policy Goals of the President ALLEN SINAI, Decision Economics, Inc.--Fiscal Policy and the Economy: Retrospect and Prospect ANDREW F. BRIMMER, Brimmer & Company and University of Massachusetts-Amherst--Prospects for a New Economic Policy Agenda Discussants:
DANIEL J.B. MITCHELL, University of California-Los Angeles Jan. 7, 4:45 pm Richard T. Ely Lecture Presiding: DANIEL
McFADDEN, University of California-Berkeley Jan. 8, 8:00 am Economic Identity Presiding: ALAN KIRMAN, Universite d'Aix-Marseille ROBERT SUGDEN, University of East Anglia--Identity as Responsibility GEORGE AKERLOF, University of California-Berkeley, and RACHEL KRANTON, University of Maryland--Identity, Work Incentives and Organizations ROLAND BENABOU, Princeton University, and JEAN TIROLE, University of Toulouse--A Cognitive Theory of Identity ALAN KIRMAN, Universite d'Aix-Marseille, and MIRIAM TESCHL, University of Cambridge--Does It Matter "Who" the Economic Agent Is? Discussants:
B. DOUGLAS BERNHEIM, Stanford University Jan. 8, 8:00 am Drugs for Developing Countries Presiding: HENRY GRABOWSKI, Duke University FREDERIC SCHERER, Harvard University--Patents and Third World Pharmaceutical Supply WILLIAM DOW, University of California-Berkeley--Pharmaceutical Demand in Latin America ERNST BERNDT, Massachusetts
Institute of Technology, RACHEL GLENNERSTER, Massachusetts Institute
of Technology Poverty Action Lab, MICHAEL KREMER and JEAN LEE, Harvard
University, RUTH LEVINE, Center for Global Development, GEORG WEIZSACKER,
London School of Economics, and HEIDI WILLIAMS, National Bureau of Economic
Research--Advanced Markets for a Malaria
Vaccine: Estimating Costs and Effectiveness HENRY GRABOWSKI, DAVID RIDLEY, and JEFF MOE, Duke University--Developing Drugs for Developing Countries Discussants:
HANNAH KETTLER, Gates Foundation Jan. 8, 8:00 am Understanding the World Income Distribution Presiding: MARLA RIPOLL, University of Pittsburgh MARLA RIPOLL, University of Pittsburgh, and JUAN-CARLOS CORDOBA, Rice University--Agriculutre, Aggregation, and Development Accounting THORSTEN BECK, ASLI DEMIRGUC-KUNT, World Bank, and ROSS LEVINE, University of Minnesota--Finance, Inequality, and Poverty: Cross-County Evidence STEPHEN PARENTE, University of Illinois-Urbana-Champaign, and EDWARD PRESCOTT, Arizona State University and Federal Reserve Bank of Minneapolis--A Unified Theory of the Evolution of International Income Levels FRANCESCO CASELLI, Harvard University--The Missing Input: Accounting for Cross-Country Income Differences Discussants:
RICHARD ROGERSON, Arizona State University Jan. 8, 8:00 am Individual Differences/Styles in Expert and Creative Work: Empirical Evidence, Models, Implications Presiding: JONATHAN FEINSTEIN, Yale University DAVID GALENSON, University of Chicago--A Portrait of the Artist as a Very Young or Very Old Innovator: Creativity at the Extremes of the Life Cycle MARIANNE BERTRAND, University of Chicago, and ANTOINETTE SCHOAR, Massachusetts Institute of Technology--Where Do Management Styles Come From? IAIN COCKBURN, Boston University, SAMUEL KORTUM, University of Minnesota, and SCOTT STERN, Northwestern University--How Do Patent Examiners Impact Patent Enforcement? JONATHAN FEINSTEIN, Yale University--The Nature of Creative Development; Individualism and Social and Economic Systems Discussants:
FIONA SCOTT MORTON, Yale University Jan. 8, 8:00 am Standards, Norms, and Rights in International Trade Presiding: JOHANNES VAN BIESEBROECK, University of Toronto GIOVANNI FACCHINI and JIAHUA CHE, University of Illinois--Cultural Differences, Insecure Property Rights and the Mode of Entry by MNCs GARTH FRAZER, University of Toronto--Used-Clothing Donations and Apparel Production in Africa NINA PAVCNIK, ERIC EDMONDS, Dartmouth College, and PETIA TOPALOVA, Massachusetts Institute of Technology--Does Trade Liberalization Increase Child Labor? Evidence from Indian Districts SOFRONIS CLERIDES and COSTAS HADJIYIANNIS, University of Cyprus--Trade-Inducing Quality Standards for Used Durables Discussants:
PHILIP McCALMAN, University of California-Santa Cruz Jan. 8, 8:00 am The Cyclical Impact of Fiscal Policy: Analyzing Household Responses to Tax Cuts Presiding: JULIA CORONADO, Federal Reserve Board NICHOLAS SOULELES, University of Pennsylvania, SUMIT AGARWAL, and CHUNLIN LIU, Fleet Boston Financial--The Response of Consumer Spending and Debt to Tax Rebates: Evidence from Consumer Credit Data JULIA CORONADO, JOSEPH LUPTON, and LOUISE SHEINER, Federal Reserve Board--Doing as They Say? Analyzing Household Responses to the 2003 Tax Cuts Using Survey Data DAVID JOHNSON, U.S. Bureau of Labor Statistics, JONATHAN PARKER, Princeton University, and NICHOLAS SOULELES, University of Pennsylvania--The Responses of Consumer Spending to the Randomized Income Tax Rebates Discussants:
JOEL SLEMROD, University of Michigan Jan. 8, 8:00 am Health and Gender Presiding: KARINE S. MOE, Macalester College HEATHER BEDNAREK, St. Louis University, CATHY BRADLEY, Michigan State University, and DAVID NEUMARK, Public Policy Institute of California and Michigan State University--Employment-Based Health Insurance, Illness, and Labor Supply of Women: Evidence from Married Women with Breast Cancer IRENA DUSHI, International Longevity Center-USA, and MARJORIE HONIG, Hunter College--Household Demand for Health Insurance: Price and Spouse’s Coverage KELLY NOONAN, Rider University and NBER, NANCY E. REICHMAN, University of Medicine and Dentistry of New Jersey, and HOPE CORMAN, Rider University and NBER--Effects of Child Health on Sources of Public Support LUCIE SCHMIDT, Williams College--Effects of Infertility Insurance Mandates Discussants:
SARANNA THORTON, Hampton Sydney College Jan. 8, 8:00 am Macro and Financial Economics--Poster Session Presiding: ANDREW LO, Massachusetts Institute of Technology AKIKO KAMESAKA, Ryukoku University, and JIANXIN WANG, University of New South Wales--Asian Crisis and Investor Behavior in Thailand's Equity Market AMAR GANDE and CHRISTOPH SCHENZLER, Vanderbilt University--Does Global Diversification Destroy Value? BRUCE MIZRACH and FILIPPO OCCHINO, Rutgers University-New Brunswick--The Impact of Monetary Policy on Bond Returns Volatility: A Segmented Markets Approach CHAO WEI, George Washington University--Does the Stock Market React to Unexpected Inflation Differently Across Business Cycles? DROR GOLDBERG, Texas A&M University--Famous Myths of "Fiat Money" ERNST MAUG, Humboldt University of Berlin, and KRISTIAN RYDQVIST, State University of New York-Binghamton--Do Shareholders Vote Strategically? Evidence on the Advisory Role of Annual General Meetings HUNTLEY SCHALLER, Carleton University--Estimating the Long-Run User Cost Elasticity MAREK KAPICKA, University of California-Santa Barbara--Optimal Taxation with Persistent Shocks OLESYA GRISCHENKO and QIANG DAI, New York University--An Empirical Investigation of Consumption-Based Asset Pricing Models with Stochastic Habit Formation QIANG ZHANG, University of Memphis--Accounting for Human Capital in Evaluating the Epstein-Zin-Weil Non-expected Utility Asset Pricing Model ROBERT KOLLMANN, University of Bonn and CEPR--International Asset Portfolios: A Dynamic General Equilibrium Perspective TAO WU and GLENN RUDEBUSCH, Federal Reserve Bank of San Francisco--A Macro-Finance Model of the Term Structure, Monetary Policy, and the Economy THOMAS LUBIK, Johns Hopkins University--How Large Are Returns to Scale in the U.S.? A View Across the Boundary TOMAS DVORAK, Union College, and RICHARD PODPIERA, International Monetary Fund--European Union Enlargement and Equity Markets in Candidate Countries YINGGANG ZHOU, Cornell University--Rational Panics, Absorbing Regime Switching and Stock Market Crash YRJO KOSKINEN and MARIASSUNTA GIANNETTI, Stockholm School of Economics--Investor Protection and the Demand for Equity NORMAN EHRENTREICH, Martin Luther University-Halle-Wittenberg--A Corrected Version of the Santa Fe Institute Artificial Stock Market Jan. 8, 8:00 am Human Capital and Organizational Structure Presiding: THOMAS HELLMANN, University of British Columbia BIRGER WERNERFELT, Massachusetts Institute of Technology--Why Do We Have Managers? RAGHURAM RAJAN, International Monetary Fund, and JULIE WULF, University of Pennsylvania--Are Managerial Perks Primarily a Form of Private Benefit? PIERRE AZOULAY and JOSHUA GRAFF ZIVIN, Columbia University--What Curse of the Bambino? Evidence from Professional Transitions for the Superstars of Medicine THOMAS HELLMANN, University of British Columbia, LAURA BOTAZZI, Bocconi University, IGIER, and CEPR, and MARCO DA RIN, Turin University, ICGI, and IGIER--Active Financial Intermediation: Empirical Evidence on the Role of Organizational Specialization and Human Capital Discussants:
WOUTER DESSEIN, University of Chicago Jan. 8, 8:00 am Admission to Graduate School: What Students and Their Advisers Need to Know (Lectures) Presiding: BERNARD
SAFFRAN, Swarthmore College Jan. 8, 8:00 am Are There Really Poverty Traps? Presiding: CHRISTOPHER BARRETT, Cornell University MARTIN RAVALLION, World Bank--Testing for Poverty Traps MICHAEL CARTER, University
of Wisconsin, and JULIAN MAY, University of Natal, South Africa--A
Sense in Sociability? CHRISTOPHER B. BARRETT, Cornell University--Uncovering the Causality Behind Persistent Poverty Using Mixed Methods STEFAN DERCON, University of Oxford, and PRAMILA KRISHNAN, University of Cambridge--The Nutrition Poverty Trap Revisited: Evidence from Rural Ethiopia Discussant: JOHN HODDINOT, International Food Policy Research Institute Jan. 8, 8:00 am Active Learning Strategies for the College and University Economics Classroom--Class Discussion After an Experiment: Making Sure That the Students Get It Presiding: RACHEL CROSON, University of Pennsylvania MARK H. MAIER, Glendale College CHARLES HOLT, University of Virginia LISA ANDERSON, College of William and Mary DAVID REILEY, University of Arizona Jan. 8, 8:00 am Experimental Studies of Discrimination Presiding: MURIEL NIEDERLE, Stanford University MURIEL NIEDERLE, Stanford University, and LISE VESTERLUND, University of Pittsburgh--Do Women Shy Away from Competition? ROBERT SLONIM, Case Western Reserve University--Gender Selecton Discrimination: Evidence from a Trust Game URI GNEEZY, University of Chicago, and JOHN LIST, University of Maryland--Are the Disabled Discriminated Against in Product Markets? Evidence from Field Experiments Jan. 8, 8:00 am Behavioral Economics, Health, and Health Care (I1) Presiding: VIVIAN HO, University of Alabama-Birmingham DAVID Y. CUTLER, ROLAND FRYER, and EDWARD GLAESER, Harvard University--What Explains Differences in Smoking, Drinking, and Other Health-Related Behaviors? SAMUEL M. McCLURE, Princeton University, DAVID I. LAIBSON, Harvard University, GEORGE LOEWENSTEIN, Carnegie Mellon University, and JONATHAN D. COHEN, University of Pittsburgh--Separate Neural Systems Value Immediate and Delayed Monetary Rewards GEORGE LOEWENSTEIN, Carnegie Mellon University--Conflicts of Interest in Medicine: A Behavioral Economics Perspective Discussants:
TED JOYCE, Baruch College Jan. 8, 8:00 am Skills, Policy, and Labor Market Outcomes across Demographic Groups Presiding: BRIDGET TERRY LONG, Harvard University NADA O. EISSA, Georgetown University, JESSE ROTHSTEIN, Princeton University, and AUSTIN NICHOLS, Urban Institute--Incidence of Tax-Based Transfers: The Earned Income Tax Credit PHILIP N. JEFFERSON, Swarthmore College--Output-Unemployment Tradeoffs: Do Skills Matter? LISA BARROW, Federal Reserve Bank of Chicago, and CECILIA E. ROUSE, Princeton University--Returns to Schooling, Race and Ethnicity Discussants:
SETH B. CARPENTER, Federal Reserve Board Jan. 8, 10:15 am The Dollar, the Euro, and the International Monetary System Presiding: DOMINICK SALVATORE, Fordham University MARTIN FELDSTEIN, Harvard University--The European Central Bank and the Euro: The First Five Years OTMAR ISSING, European Central Bank--The Euro's Role in the International Monetary System PETER B. KENEN, Princeton University--Stabilizing the International Monetary System ROBERT MUNDELL, Columbia University--The Case for a World Currency MICHAEL MUSSA, Institute for International Economics--The Relationship between the Euro and the Dollar Jan. 8, 10:15 am Bargaining in Families Presiding: ROBERT WILLIS, University of Michigan SHELLY LUNDBERG and JENNIFER ROMICH, University of Washington--Give and Take: Child Agency in Single-Parent Households ROBERT A. POLLAK, Washington University-St. Louis--Bargaining Power in Marriage: Earnings, Wage Rates and Home Production PETER KOOREMAN, University of Groningen--Teenage Income, Turning 18, and Transfers within the Family MARCOS A. RANGEL, University of Chicago--Efficient Allocation of Resources Within Extended-Family Households: Evidence from Developing Countries Discussants:
JERE BEHRMAN, University of Pennsylvania Jan. 8, 10:15 am Women's Acquisition of Human Capital Presiding: MARIA FERREYRA, Carnegie Mellon University DIANE WHITMORE, University of Chicago--Resource and Peer Impacts on Girls' Academic Achievement: Evidence from a Randomized Experiment KRISTIN KLOPFENSTEIN, Texas Christian University, and M. KATHLEEN THOMAS, Mississippi State University--The Advanced Placement Performance Advantage: Fact or Fiction? BRIDGET TERRY LONG, Harvard University--Reversals in the College Gender Gap: How Have Women Surpassed Men? MARIGEE P. BACOLOD, University of California-Irvine--Who Teaches and Where They Choose to Teach: Male and Female College Graduates Discussants:
REBECCA BLANK, University of Michigan-Ann Arbor Jan. 8, 10:15 am The Democratic Transition and Economic Growth Presiding: DANIEL RUBINFELD, University of California-Berkeley DANIEL RUBINFELD, University of California-Berkeley, and ROBERT INMAN, University of Pennsylvania--Federalism and the Democratic Transition: Lessons from South Africa DARON ACEMOGLU, SIMON JOHNSON, JAMES A. ROBINSON, and PIERRE YARED, Massachusetts Institute of Technology--From Education to Democracy? DANI RODRIK, Harvard University, and ROMAIN WACZIARG, Stanford University--Do Democratic Transitions Produce Bad Economic Outcomes? Discussants:
DANIEL TREISMAN, University of California Jan. 8, 10:15 am The Economics of the Presidential Election (Lectures) Presiding: ROBERT HALL, Stanford University ROBERT HALL, Stanford University PETER DIAMOND, Massachusetts Institute of Technology STANLEY FISCHER, International Monetary Fund ALLEN SINAI, Decision Economics, Inc. Jan. 8, 10:15 am Are Concerns about Relative Income Relevant for Public Policy? Presiding: SENDHIL MULLAINATHAN, Massachusetts Institute of Technology ROBERT H. FRANK, Cornell University--Positional Externalities Cause Large and Preventable Welfare Losses W. KIP VISCUSI, Harvard Law School, and THOMAS KNIESNER, Syracuse University--Value of a Statistical Life: Relative Position vs. Relative Age DAVID HEMENWAY, Harvard University, and SARA SOLNICK, University of Vermont--Are Positional Concerns Stronger in Some Domains Than in Others? Discussants:
RICHARD POSNER, University of Chicago Law School Jan. 8, 10:15 am Recent Developments in Health Economics Presiding: JONATHAN SKINNER, Dartmouth College HARALD SEIDER, MARTIN GAYNOR, and WILLIAM B. VOGT, Carnegie Mellon University--Volume-Outcome and Antitrust in U.S. Health Care Markets ANNA AIZER, Brown University, ADRIANA LLERAS-MUNEY, Princeton University, and MARK STABILE, University of Toronto--Access to Care, Provider Choice, and the Infant Health Gradient DARIUS LAKDAWALLA, RAND Corporation, and TOMAS PHILIPSON, University of Chicago--Welfare-Enhancing Technological Change and the Growth of Obesity Discussants:
PAUL GERTLER, University of California-Berkeley Jan. 8, 10:15 am Beyond the Market: A Panel Discussion on Accounting for the Economic Contributions of Nonmarket Activity Presiding: JOHN HALTIWANGER, University of Maryland KATHARINE ABRAHAM, University of Maryland--A Framework for Nonmarket Accounting DANIEL HAMERMESH, University of Texas-Austin--Measuring and Valuing Inputs to Nonmarket Production DAVID CUTLER, Harvard University--Measuring and Valuing Nonmarket Outputs WILLIAM NORDHAUS, Yale University--Conceptual Issues in Nonmarket Accounting J. STEVEN LANDEFELD, Bureau of Economic Analysis--Implementation Issues in Nonmarket Accounting Jan. 8, 10:15 am Active Learning Strategies for the College and University Economics Classroom--Interactive Learning: A New Program of Faculty Workshops and Follow-on Instruction Sponsored by the AEA Committee on Economic Education and the National Science Foundation Presiding: MICHAEL K. SALEMI, University of North Carolina-Chapel Hill MICHAEL K. SALEMI, University of North Carolina-Chapel Hill WILLIAM WALSTAD, University of Nebraska-Lincoln KIMMARIE McGOLDRICK, University of Richmond
Jan. 8, 10:15 am Immigration and Cities Presiding: DAVID CARD, University of California-Berkeley ALBERT SAIZ and SUSAN WACHTER, University of Pennsylvania--Immigration and the Neighborhood M. DANIELE PASERMAN, Hebrew University--Does Immigration Affect the Long-Term Educational Outcomes of Natives? Quasi-Experimental Evidence GIANMARCO OTTAVIANO, Universita di Bologna, and GIOVANNI PERI, University of California-Davis--The Economic Value of Cultural Diversity: Evidence from U.S. Cities ETHAN LEWIS, Federal Reserve Bank of Philadelphia--How Do Local Labor Markets in the U.S. Adapt to Immigration? Discussants:
TILL VON WACHTER, University of California-Berkeley Jan. 8, 10:15 am Lessons from Electricity Deregulation Presiding: LESTER LAVE, Carnegie Mellon University CHANTAL BRANDON, Carnegie Mellon University--Effects of Electricity Price Volatility and Covariance on the Firm’s Investment Decisions and Long-Run Demand for Electricity SEVERIN BORENSTEIN, University of California-Berkeley--The Long-Run Impact of Real-Time Retail Electricity Pricing FRANK WOLAK, Stanford University--An International Comparison of the Determinants of Unilateral Market Power SAROSH TALUKDAR and LESTER LAVE, Carnegie Mellon University--Designing Electricity Markets: Are Freshmen or Wind Tunnels More Useful? Discussant: MATTHEW
WHITE, University of Pennsylvania Jan. 8, 10:15 am Economics of Happiness Presiding: RICHARD EASTERLIN, University of Southern California ANDREW CLARK, DELTA, and YANNIS GEORGELLIS, Brunel University--Kahneman Meets the Quitters: Peak-End Behavior in the Labor Market BRUNO FREY and ALOIS STUTZER, University of Zurich--Economic Consequences of Mispredicting Utility GORDON BROWN, ANDREW OSWALD, and JING QIAN, University of Warwick--Rank Dependence in Employee's Wellbeing DANIEL KAHNEMAN, Princeton University--Separating Life Satisfaction from Average Mood Discussants:
ALAN KRUEGER, Princeton University Jan. 8, 10:15 am Globalization and the International Economy Presiding: K.C. FUNG, University of California-Santa Cruz WING T. WOO, University of California-Davis--The Structural Obstacles to Macroeconomic Control in China RONALD McKINNON, Stanford University--The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue LAWRENCE J. LAU, Chinese University of Hong Kong and Stanford University, LEONARD CHENG, Hong Kong University of Science and Technology, and K.C. FUNG, University of California-Santa Cruz--Domestic Value Added in Chinese Exports EDWIN LAI, City University of Hong Kong, RAYMOND RIEZMAN, University of Iowa, and PING WANG, Vanderbilt University--Outsourcing of Information Discussants:
ALAN SIU, University of Hong Kong Jan. 8, 10:15 am Performances of Diversified Business Firms in the U.S. and Korea (D2, G3, O1) Presiding: KWAN SUK KIM, University of Notre Dame SEOUNGPIL AHN, Concordia University, DAVID J. DENIS, and DIANE K. DENIS, Purdue University--Leverage and Investment in Diversified Firms HONG Y. PARK, Saginaw Valley State University, and GEON-CHEOL SHIN, Kyung Hee University--Corporate Strategies and Performances of Korean Firms: The Unified Theory of the Firm Perspective SUNG-HEE JWA, Korea Economic Research Institute--Firms, Markets and Economic Development Discussants:
KWANG SOO CHEONG, Johns Hopkins University Jan. 8, 10:15 am ODE Graduate Student Invited Papers Session Presiding: ROBERT R. EBERT, Baldwin-Wallace College SANAE TASHIRO, Claremont Graduate University--The Diffusion of Computers and Wages in the U.S.: Occupation and Industry Analysis, 1984-2001 AHLAM FAKHAR, Claremont Graduate University--Preferences for Risks and Household Labor Supply Behavior MIAOJIE YU, University of California-Davis--Electoral Competition and Optimal Tariffs: An Empirical Investigation VLADIMIR HLASNY, Michigan State University--Value of Information in SO2 Emissions Regulation TREVOR COLLIER, Southern Methodist University--Efficiency in Public Schools: Does Competition Matter? Discussants:
ALEXANDER DIMITROV TOKAREV, Southern Illinois University-Carbondale Jan. 8, 12:30 pm Luncheon Honoring the 2003 Nobel Laureates in Economics, Clive Granger and Robert Engle Presiding: DANIEL McFADDEN, University of California-Berkeley FRANCIS X. DIEBOLD, University of Pennsylvania DAVID HENDRY, Oxford University Jan. 8, 2:30 pm Dynamic Strategic Models with Demand-Side Network Effects Presiding: ROBERT HALL, Stanford University ROBERT HALL, Stanford University, JIMMY ROYER, and MARC VAN AUDENRODE, Laval University--Potential Competition and the Prices of Network Goods: Desktop Software IGAL HENDEL, University of Wisconsin, and AVIV NEVO, University of California-Berkeley--Measuring the Implications of Sales and Consumer Stockpiling Behavior MARK JENKINS, PAUL LIU, Brattle Group, ROSA MATZKIN, Northwestern University, and DANIEL McFADDEN, University of California-Berkeley--The Browser War: Econometric Analysis of Markov-Perfect Equilibrium in Markets with Network Effects Discussants:
DENNIS CARLTON, University of Chicago Jan. 8, 2:30 pm Behavioral Economics and Private Pensions Presiding: JEFFREY BROWN, University of Illinois-Urbana-Champaign JAMES CHOI, DAVID LAIBSON, Harvard University, and BRIGITTE MADRIAN, University of Pennsylvania--$100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts JEFFREY BROWN, University of Illinois-Urbana-Champaign, NELLIE LIANG, Federal Reserve Board, and SCOTT WEISBENNER, University of Illinois-Urbana-Champaign--401(k) Matching Contributions in Company Stock: Costs and Benefits for Firms and Workers SEWIN CHAN, New York University, and ANN HUFF STEVENS, University of California-Davis--What You Don't Know Can't Help You: Pension Knowledge and Retirement Decision Making Discussants:
ERIK HURST, University of Chicago Jan. 8, 2:30 pm Technology and Competition Presiding: JUDITH CHEVALIER, Yale University REBECCA HELLERSTEIN, Federal Reserve Bank of New York--Information Technology Erodes Cross-Border Market Segmentation: Welfare Implications for the Case of Anti-retrovirals ANTONIA J. SWANN, York University--Competition, R&D, Innovation and Quality-Generated Growth ANA AIZCORBE, Bureau of Economic Analysis and Brookings Institution--Product Innovation, Product Introduction, and Intel's Productivity Over the 1990's PAROMA SANYAL, Brandeis University--The Patent Explosion: Quantifying Changes in the Propensity to Patent Discussant: JUDITH
ANN SHINOGLE, University of South Carolina Jan. 8, 2:30 pm Puzzles of Capital Flows: What Do We Know and What We Don't? Presiding: SEBNEM KALEMLI-OZCAN, University of Houston LAURA ALFARO, Harvard Business School, SEBNEM KALEMLI-OZCAN, University of Houston, and VADYM VOLOSOVYCH, University of Houston--Why Does Not Capital Flow from Rich to Poor Countries? An Empirical Investigation ANN HARRISON, University of California-Berkeley, World Bank, and MARGARET McMILLAN, Tufts University--The Impact of Overseas Investment by U.S. Multinationals on Wages and Employment BENT SORENSEN, University of Houston, YI-TSAUNG WU, State University of New York-Binghamton, and OVED YOSHA, Tel Aviv University--Home Bias and Risk Sharing: Twin Puzzles Separated at Birth? SEBNEM KALEMLI-OZCAN, BENT SORENSEN, University of Houston, and OVED YOSHA, Tel Aviv University--Capital Flows across U.S. States: Determinants and Persistence Discussants: FRANK WARNOCK, University of Virginia and Federal Reserve
Board Jan. 8, 2:30 pm Field Experiments Presiding: JOHN LIST, University of Maryland and NBER DOROTHEA KUEBLER, Humboldt University of Berlin, MURIEL NIEDERLE, Stanford University, and ALVIN ROTH, Harvard University--Inelastic Demand Leads to Exploding Offers: The Economics Job Market for Small and Large Universities GLENN HARRISON and ELISABET RUTSTRÖM, University of Central Florida--Preference Heterogeneity in Experiments: Comparing the Field and Lab ERNST FEHR, URS FISCHBACHER, and HELEN BERNHARD, University of Zurich--Group Boundaries of Social Norms URI GNEEZY, University of Chicago, JOHN LIST, University of Maryland and NBER--Does Sexual Orientation Influence Market Outcomes? Evidence from the Car Market Discussants:
URI GNEEZY, University of Chicago Jan. 8, 2:30 pm Gender, Human Capital and the Labor Market Presiding: LAWRENCE KAHN, Cornell University SHELLY LUNDBERG, University of Washington--The Division of Labor in Exigency: Work Hours of New Parents in the NLSY79 FRANCINE BLAU and LAWRENCE KAHN, Cornell University--The U.S. Gender Pay Gap in the 1990s: Slowing Convergence JOSEPH ALTONJI, Yale University--Trends in the Educational Achievement of Men and Women TRACY REGAN, University of Miami, and RONALD OAXACA, University of Arizona--Measurement Error in Work Experience Measures Discussants:
DANIEL HAMERMESH, University of Texas-Austin Jan. 8, 2:30 pm Economic Development and IMF Policy (Lecture) Presiding: KENNETH ROGOFF, Harvard University JEFFREY SACHS, Columbia University Jan. 8, 2:30 Economics of the Gasoline Market Presiding: LEONARDO REZENDE, University of Illinois GEORGE DELTAS, University of Illinois-Urbana-Champaign--Retail Gasoline Price Dynamics and Local Market Power DANIEL HOSKEN and CHRISTOPHER TAYLOR, Federal Trade Commission--The Economic Effects of the Marathon-Ashland Joint Venture MATTHEW LEWIS, Ohio State University--Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market MARK MANUSZAK, Carnegie Mellon University, and CHUCK MOUL, Washington University-St. Louis--The Impact of Local Tax Differences on the Locations of Retail Gasoline Stations Discussants:
VICTOR STANGO, Federal Reserve Bank of Chicago KONSTANTINOS SERFES, Drexel University Jan. 8, 2:30 pm Active Learning Strategies for the College and University Economics Classroom--Poster Session: Teaching Ideas Presiding: RAE JEAN GOODMAN, U.S. Naval Academy, and MARK H. MAIER, Glendale College BARBARA BLOEMHOF, McMaster University--Facilitating Learning in a Junior/Senior Trade Course Using a Poster Assignment ALISON BUTLER, Willamette University--Fun and Games with the Government Budget: Preparations for Analyzing Budget Deficits ALISON DEL ROSSI, St. Lawrence University--Experiencing Public Sector Economics Through Community Based Learning Internships WILLIAM DAWES, Stony Brook University--Active Learning--Theirs and Yours JAMES F. HALSTEAD and ROBBY MOORE, Occidental College--Predicting the Effects of Macroeconomic Shocks and the Self-correction Mechanism: A "Hands-On" Collaborative Approach ALBERTO ISGUT and TANYA ROSENBLAT, Wesleyan University--The Basics of International Trade: A Classroom Experiment KIMMARIE McGOLDRICK, University of Richmond--Developing a Capstone Course for the Economics Major: Payoffs and Pitfalls MARIA MINNITI and NEAL HARRIS, Babson College--Active Learning in Economics: An Integrated Approach CATHY MINERS, LAWRENCE MINERS, and KATHRYN NANTZ, Fairfield University--Student Learning of Economic Theory: Defining Undergraduate Curriculum Goals and Measuring Student Outcomes MARGARITA M. ROSE, King's College--Impact of Cross-National Videoconferencing on Student Learning in Economic Development REBECCA M. STEIN, University of Pennsylvania--Penn Mentoring Program in a Principles of Microeconomics Course DELLA L. SUE, Marist College--Economic Issues Through Visual and Print Media JONATHAN WILLNER, Oklahoma City University--From Production to Profit--An Extended Lab Report of a Simple Experiment in Production ROBERT S. WOODWARD, University of New Hampshire--From Edgeworth Boxes, Triangles, etc. to Production Possibility Frontiers: An Excel Assignment and Its Grading Overlay Jan. 8, 2:30 pm Profiling: Normative, Theoretical, and Empirical Issues Presiding: CHARLES MANSKI, Northwestern University LAWRENCE BLUME, Cornell University--Learning and Discrimination CHARLES MANSKI, Northwestern University--Optimal Search Profiling with Linear Deterrence NICOLA PERSICO and PETRA TODD, University of Pennsylvania--Passenger Pro?ling, Imperfect Screening, and Airport Security STEVEN DURLAUF, University of Wisconsin-Madison--Racial Profiling as a Public Policy Question: Equity, Efficiency, and Ambiguity Jan. 8, 2:30 pm Social Interactions Presiding: STEPHEN L. ROSS, University of Connecticut BRUCE WEINBERG, Ohio State University--Social Interactions and Endogenous Association PETER ARCIDIACONO and JACOB L. VIGDOR, Duke University--On the Value of Inter-racial Contact and Affirmative Action as a Means to Achieve It STEPHEN L. ROSS, University of Connecticut, PATRICK BAYER, Yale University, and GIORGIO TOPA, Federal Reserve Bank of New York--Place of Work and Place of Residence: Informal Hiring Networks and Labor Market Outcomes Discussants:
KEVIN LANG, Boston University Jan. 8, 2:30 pm Foreign-Born Domestic Supply of Science & Engineering Workforce Presiding: RICHARD B. FREEMAN, Harvard University and NBER GEORGE BORJAS, Harvard University--The Labor Market Impact of High Skill Immigration RICHARD B. FREEMAN, Harvard
University and NBER--Fellowship Stipend
Support and the Supply of SE Students: YIU POR CHEN, Brown University--Chinese Ph.D. Retention in the U.S.: A Domestic Supply Issue PAULA E. STEPHAN, Georgia State University, and JENNIFER MA, TIAA-CREF Institute--The Increased Frequency and Duration of the Postdoctorate Career Stage Discussants:
ALAN KRUEGER, Princeton University Jan. 8, 2:30 pm Economics of Crime Presiding: STEVEN D. LEVITT, University of Chicago and American Bar Foundation ROLAND FRYER, Harvard University and NBER, PAUL S. HEATON, University of Chicago, and STEVEN D. LEVITT, University of Chicago and American Bar Foundation--Crack Cocaine STEVEN RAPHAEL, University of California-Berkeley, and MICHAEL A. STOLL, University of California-Los Angeles--The Effect of Prison Releases on Regional Crime Rates NACI MOCAN, University of Colorado-Denver and NBER, and TURAN BALI, Baruch College, City University of New York--Asymmetric Crime Cycles Discussants:
JEFFREY GROGGER, University of California-Los Angeles Jan. 8, 2:30 pm The Theory of Optimum Currency Areas Revisited Presiding: LAWRENCE R. KLEIN, University of Pennsylvania ARTHUR GRIMES, University of Victoria, University of Waikato, and Reserve Bank of New Zealand--A Metric for Assessing Currency Implications of Intra- and Inter-Regional Shocks: Application to Australasia ANWAR NASUTION, University of Indonesia and Bank Indonesia--Financial Cooperation of ASEAN-3 and EMEAP, Financial Crisis in 1997 HERMAN REMSPERGER and BORIS HOFMANN, Deutsche Bundesbank--Inflation Differentials among the Euro Area Countries: Potential Causes and Consequences M. DUTTA, Rutgers University--The Theory of Optimum Currency Areas Revisited: Lessons from the Euro/Dollar Competitive Regimes Discussants:
REUVEN GLICK, Federal Reserve Bank of San Francisco Jan. 8, 2:30 pm Distinguished Lecture on Economics in Government Presiding: NICHOLAS BULL, Joint Committee on Taxation KATHARINE ABRAHAM, University of Maryland--What You Don't Know Can Hurt You: Gaps and Deficiencies in Data for Policy and What We Can do About Them Jan. 8, 2:30 pm The Political Economy of Military Spending Presiding: GERALD EPSTEIN, University of Massachusetts-Amherst JAMES K. GALBRAITH, University of Texas-Austin--Costs of War ANNE MARKUSEN, University of Minnesota--The Economic and Security Consequences of Privating National Security DAVID GOLD, New School University--Does Military Spending Stimulate or Retard Economic Performance? Revisiting an Old Debate with New Data LLOYD J. DUMAS, University of Texas-Dallas--Bang for the Buck: The Real Effects of Military Spending on Security
Jan. 8, Jan. 8, 4:45 pm Presidential Address Presiding: DANIEL McFADDEN, University of California-Berkeley MARTIN FELDSTEIN, National Bureau of Economic Research and Harvard University Jan. 8, 6:00 pm Business Meeting Jan. 9, 8:00 am Near-Rational Expectations and Stability in Macroeconomics Presiding: JOHN C. WILLIAMS, Federal Reserve Bank of San Francisco JAMES BULLARD, Federal Reserve Bank of St. Louis, GEORGE EVANS, University of Oregon, and SEPPO HONKAPOHJAS, Cambridge University--Near-Rational Exuberance KLAUS ADAM, University of Frankfurt--Experimental Evidence on the Persistence of Output and Inflation ANDREAS BEYER, European Central Bank, and ROGER FARMER, University of California-Los Angeles--On the Indeterminacy of New-Keynesian Economics ATHANASIOS ORPHANIDES, Federal Reserve Board, and JOHN C. WILLIAMS, Federal Reserve Bank of San Francisco--Robust Monetary Policy with Imperfect Knowledge Discussants:
JESS BENHABIB, New York University Jan. 9, 8:00 am International Conflict, Terrorism and Economic Growth Presiding: WALTER ISARD, Cornell University CHARLES ANDERTON and JOHN CARTER, College of the Holy Cross--Trade Theory and Conflict: How Appropriation Possibilities Reshape Exchange JACQUES FONTANEL and FANNY COULOMB--The economic side of the French defense policy Military expenditures as a variable of adjustment JOEL GUTTMAN, Bar Ilan University, and RAFAEL REUVENY, Indiana University--On Endogenous Economic Policy in Autocratic Regimes SOLOMON POLACHEK, State University of New York-Binghamton, and CARLOS SEIGLIE, Rutgers University and Columbia University--Globalization and International Conflict: Can FDI Increase Peace as Trade Does? Discussants: MICHAEL INTRILIGATOR, University of California-Los Angeles ENRICO SPOLAORE, Brown University Jan. 9, 8:00 am School Choice and Competition Presiding: TIM SASS, Florida State University TIM SASS, Florida State University--Charter Schools and Student Achievement in Florida ERIC BETTINGER and ROBER SLONIM, Case Western Reserve University and NBER--Using Experimental Economics to Measure the Effects of a Natural Educational Experiment on Altruism DAVID FIGLIO, University of Florida and NBER, and CECILIA ROUSE, Princeton University and NBER--Do Accountability and Voucher Threats Improve Low-Performing Schools? Discussants:
THOMAS DEE, Swarthmore College Jan. 9, 8:00 am Updated Fed Perspectives on the Jobless Recovery Presiding: JANET YELLEN, Federal Reserve Bank of San Francisco STACEY SCHREFT and AARTI SINGH, Federal Reserve Bank of Kansas City--Jobless Recoveries: Another Look ERICA GROSHEN, REBECCA JEANETTE-PAUL SELA, and SIMON POTTER, Federal Reserve Bank of New York--Was the 2001 Recession Different in the Labor Market? Comparing Measures MARK SCHWEITZER, Federal Reserve Bank of Cleveland--Economic Restructuring and the Slow Recovery of Employment: The Role of Occupations DANIEL AARONSON, DANIEL SULLIVAN, and ELLEN RISSMAN, Federal Reserve Bank of Chicago--The Role of Self-Employment Over the Business Cycle Discussants:
KATHARINE ABRAHAM, University of Maryland Jan. 9, 8:00 am Oligopoly Markets and Antitrust Presiding: KONSTANTINOS SERFES, Drexel University HAJIME HADEISHI and DAVID SCHMIDT Federal Trade Commission--The Price Effects of a Merger of Complements: The Case of Peanut Butter and Jelly CORY CAPPS, Northwestern University--Hospital Mergers and Quality GEORGE DELTAS and RAJIB DOOGAR, University of Illinois-Urbana-Champaign--Cost Heterogeneity and Product Differentiation Strategies of Large Audit Firms GAUTAM GOWRISANKARAN, Washington University-St. Louis, and JOHN KRAINER, Federal Reserve Bank of San Francisco--The Welfare Consequences of ATM Surcharges: Evidence from a Structural Entry Model Discussants:
GEORGE DELTAS, University of Illinois-Urbana-Champaign Jan. 9, 8:00 am Causal Inference and Matching Presiding: ROBERT MOFFITT, Johns Hopkins University GUIDO IMBENS, University of California-Berkeley--Accounting for Limited Overlap in Estimation of Average Treatment Effects under Unconfoundedness JAMES HECKMAN and SALVADOR NAVARRO-LOZANO, University of Chicago--Using Matching, Instrumental Variables, and Control Functions to Estimate Models CHARLES METCALF, ROBERTO AGODINI, and MARK DYNARSKI, Mathematical Policy Research--Testing Matching Assumptions with Experimental Data Discussants:
RICHARD BLUNDELL, University College London Jan. 9, 8:00 am Technology and Labor Markets Presiding: LORI KLETZER, University of California-Santa Cruz SHARON H. MASTRACCI, University of Illinois-Chicago--Who's Information Age? Employment Prospects for Non-College Women and Men in the New Economy SABRINA WULFF PABILONIA and CINDY ZOGHI, Bureau of Labor Statistics--Returning to the Returns to Computer Use JULIE L. HOTCHKISS, Georgia State University and Federal Reserve Bank of Atlanta, M. MELINDA PITTS, and JOHN C. ROBERTSON, Federal Reserve Bank of Atlanta--Employment and Earnings on the Technology Roller Coasters: Insight from State Administrative Data BETSEY STEVENSON, Harvard University--The Internet, Job Search, and Worker Mobility Discussants: RICHARD MURNANE, Harvard University Jan. 9, 8:00 am International Intrafirm Production Decisions Presiding: MIHIR DESAI, Harvard University GENE GROSSMAN, Princeton University, ELHANAN HELPMAN, Harvard University, Tel Aviv University, and CIAR, and ADAM SZEIDL, Harvard University--Optimal Integration Strategies for the Multinational Firm POL ANTRAS, Harvard University--Property
Rights and the MIHIR DESAI, Harvard University, C. FRITZ FOLEY, and JAMES HINES, University of Michigan--FDI and the Domestic Capital Stock Discussants:
STEPHEN YEAPLE, University of Pennsylvania Jan. 9, 8:00 am Labor Economics--Poster Session Presiding: HENRY FARBER, Princeton University GEORGE AKERLOF, University of California-Berkeley, and RACHEL KRANTON, University of Maryland--Identity and Motivation in Workgroups RENEE ADAMS, Stockholm School of Economics, and DANIEL FERREIRA, Getulio Vargas Foundation--Gender Diversity in the Boardroom ULRIKE MALMENDIER, Stanford University, BURAK GUNER, and GEOFFREY TATE, Harvard University--The Impact of Boards with Financial Expertise on Corporate Policies JED DEVARO, Cornell University--Teams, Autonomy, and the Financial Performance of Firms LARRY SINGELL, University of Oregon, and JOHN McDOWELL, Arizona State University--Promotion Prospects for Female Economists during the 1990s DEBRA BARBEZAT, Colby College, and JAMES HUGHES, Bates College--The Gender Gap in Academic Salaries JAMES W. MONKS, University of Richmond--Earnings and Compensation Structure Differentials Between Contingent and Tenure Track Faculty MARK GOULDEN, MARY ANN MASON, University of California-Berkeley, and NICK WOLFINGER, University of Utah--The Effects of Family Formation on the Career Success of Female Faculty CHRISTINA GATHMANN, University of Chicago--Are Older Cohorts the Winners of East Germany's Transition? The Effect of Investment, Selection and Institutions on Relative Wages CHRISTOPH KNOPPIK, University of Regensburg--How Rigid are U.S. Wages? An Analysis of Data from the PSID Using a New Nonparametric Approach to the Analysis of Downward Nominal Wage Rigidity in Micro Data DEVON LYNCH and JEFFERY ZAX, University of Colorado-Boulder--An Evaluation of Colorado's Enterprise Zone Program: Measuring the Impact on Firm-Level Employment and Payroll JUDY XU, Johns Hopkins University--The Effect of Disability/Health Problems Onset on Labor Force Exits of Older Workers: A Discrete Survival Analysis of Differences across Race MICHAEL KVASNICKA, Humboldt University of Berlin--Inside the Black Box of Temporary Help Employment MYEONG-SU YUN, Tulane University, and IRA GANG, Rutgers University-New Brunswick--Effects of Information Technology on Labor Supply and Gender Wage Differentials ONUR BASER, Medstat Group CATHY BRADLEY, JOSEPH GARDINER, and CHARLES GIVEN, Michigan State University--A Test to Determine Possible Selection Bias Due to Censoring in Medical Cost PIERRE LACOUR--Trust and Reciprocity in Trust Games: Do People Trust More Than It Pays? SILKE ANGER, Humboldt University of Berlin--Overtime Work as a Signalling Devise for Productivity: Evidence from German Panel Data TODD KENDALL, Clemson University--Celebrity Misbehavior Jan. 9, 8:00 am Managing Volatility in Low-Income Countries Presiding: STEPHEN O'CONNELL, Swarthmore College MICHEL ROBE, American University, STEPHANE PALLAGE, University of Quebec-Montreal, and CATHERINE BERUBE, Ministry of Finance, Canada--On the Potential of Foreign Aid as Insurance PAUL COLLIER, Oxford University, JAN DEHN, Credit Suisse First Boston, and CATHERINE PATTILLO, International Monetary Fund--Aid, Shocks and Growth STEPHEN O'CONNELL, Swarthmore College, CHRISTOPHER ADAM, Oxford University, EDWARD BUFFIE, Indiana University, and CATHERINE PATTILLO, Managing External Volatility: Central Bank Options in Low-Income Countries Discussants:
SAJAL LAHIRI, Southern Illinois University-Carbondale Jan. 9, 8:00 am Behavioral Industrial Organization Presiding: DAVID LAIBSON, Harvard University SHARON M. OSTER and FIONA
SCOTT MORTON, Yale University--Behavioral
biases meet the market: the case of PAUL HEIDHUES and BOTUND KOSZEGI, University of California-Berkeley--The Impact of Consumer Loss Aversion on Pricing XAVIER GABAIX, Massachusetts Institute of Technology, and DAVID LAIBSON, Harvard University--Shrouded Attributes and Information Suppression in Competitive Markets EDWARD L. GLAESER, Harvard University--The Political Economy of Hatred Jan. 9, 8:00 am New Evidence on the Responsiveness of Behavior to Taxation Presiding: JON BAKIJA, Williams College JAMES ZILIAK, University of Kentucky, and THOMAS KNIESNER, Syracuse University--The Effect of Income Taxation on Consumption and Labor Supply JON BAKIJA, Williams College, WILLIAM GALE, Brookings Institution, and JOEL SLEMROD, University of Michigan--The Impact of Taxes on Charitable Bequests: Microeconometric Evidence across States and Time JON BAKIJA, Williams College, and ROB McCLELLAND, Congressional Budget Office--Timing vs. Long-Run Charitable Giving Behavior: Reconciling Divergent Approaches and Estimates GERALD AUTEN and DAVID JOULFAIAN, U.S. Department of the Treasury--Taxes and Capital Gains Realizations: Evidence from a Long Panel Discussants:
BRADLEY HEIM, Duke University Jan. 9, 8:00 am Computer Assisted Instruction: New Work on Instructional Applications Presiding: MICHAEL LOVELL, Wesleyan University TOD PORTER, KRISS SCHUELLER, TERESA REILEY, ROCHELLE RUFFER, EBENGE USIP, Youngstown State University, KENT SAUNDERS, Anderson University, and W. PHILLIP SAUNDERS, Indiana University--Results from the Use of Two Simulations in Principles of Micro CARSTEN LANGE, California State Polytechnic University-Pomona--Internet Simulations in Quantitative Instruction DANIEL A. TALLEY, Dakota State University--Teaching and Technology: Learning in a High-Tech Environment ROBERT PENNINGTON and BARBARA MOORE, University of Central Florida--An Experimental Evaluation of Technology in Large Principles Classes Discussants:
MILES A. CAHILL, College of the Holy Cross Jan. 9, 8:00 am End of Life Medical Expenditures Presiding: AMY FINKELSTEIN, National Bureau of Economic Research AMITABH CHANDRA and KATHERINE BAICKER, Dartmouth College--What Does End-of-Life Medical Spending Buy? Evidence from Treatment of Acute Myocardial Infarction JOSEPH J. ANGELELLI, Pennsylvania State University, DAVID GRABOWSKI, Harvard Medical School, and JONATHAN GRUBER, Massachusetts Institute of Technology--Nursing Home Quality as a Public Good JEFFREY BROWN, University of Illinois-Urbana-Champaign, and AMY FINKELSTEIN, National Bureau of Economic Research--Supply or Demand: Why is the Market for Long-Term Care Insurance So Small? Discussants:
MARK DUGGAN, University of Maryland Jan. 9, 8:00 am Neighborhoods and Cities Presiding: FRANCOIS ORTALO-MAGNE, University of Wisconsin-Madison YANNIS IOANNIDES and JEFFREY ZABEL, Tufts University--Location Decisions and Social Interactions JOSEPH GYOURKO, TODD SINAI, University of Pennsylvania, and CHRISTOPHER MAYER, Columbia University, and --Superstar Cities FRANCOIS ORTALO-MAGNE, University of Wisconsin-Madison, and SVEN RADY, University of Munich--Heterogeneity within Communities: A Stochastic Model with Tenure choice Discussants:
STEVEN DURLAUF, University of Wisconsin-Madison Jan. 9, 8:00 am Do Legal Origins Really Matter for Contemporary Institutions? (Panel Discussion) Presiding: MARY SHIRLEY, Ronald Coase Institute BENITO ARRUNADA, Universitat Pompeu Fabra- PETER GOUREVITCH, University of California-San Diego GILLIAN HADFIELD, University of Southern California ANDREI SHLEIFER, Harvard University LUIGI ZINGALES, University of Chicago Jan. 9, 10:15 am Competition Policy for Journals Presiding: ROBERT HALL, Stanford University AARON EDLIN and DANIEL RUBINFELD, University of California-Berkeley--Bundling Electronic and Print Journals: An Antitrust Analysis AVIV NEVO, DANIEL RUBINFELD, University of California-Berkeley, and MARC McCABE, Georgia Tech--The Demand for Economics Journals by Academic Libraries: An Econometric Analysis MARC McCABE, Georgia Tech, and CHRISTOPHER SNYDER, George Washington University--Open Access and Academic Journal Quality AARON EDLIN and DANIEL RUBINFELD, University of California-Berkeley--title to be announced Discussants:
V. KERRY SMITH, North Carolina State University Jan. 9, 10:15 am Race, Gender, and Economic and Social Progress in the 1960s and 1970s Presiding: GAVIN WRIGHT, Stanford University DOUGLAS ALMOND, NBER, KENNETH CHAY, University of California-Berkeley and NBER; MICHAEL GREENSTONE, Massachusetts Institute of Technology and NBER, STACY SNEERINGER, University of California-Berkeley, and MELISSA THOMASSON, Miami University--The Hill-Burton Hospital Construction Program and Infant Health MARTHA BAILEY, Vanderbilt University--More Power to the Pill: The Effect of Contraceptive Freedom on Women's Labor Supply WILLIAM COLLINS and ROBERT MARGO, Vanderbilt University and NBER--The Economics Aftermath of the 1960s Riots in American Cities: Evidence from Property Values ELIZABETH CASCIO, University of California-Davis, and ETHAN LEWIS, Federal Reserve Bank of Philadelphia--Financial Incentives and the Integration of Southern Public Schools Discussants:
DOUGLAS MILLER, University of California-Davis Jan. 9, 10:15 am Venture Capital and Entrepreneurship Presiding: ANTOINETTE SCHOAR, Massachusetts Institute of Technology BRENT GOLDFARB, University of Maryland, and DAVID KIRSCH--Searching for Ghosts: Unmeasured Entrepreneurial Activity in the Dot.com Era MARCO DA RIN, GIOVANNA NICODANO, and ALESSANDRO SEMBENELLI, Turin University--Public Policy and the Creation of Active Venture Capital Markets MARIASSUNTA GIANNETTI and ANDREI SIMONOV, Stockholm School of Economics--Social Interactions and Entrepreneurial Activity Discussants:
PER STROMBERG, University of Chicago Jan. 9, 10:15 am Marriage and Children Presiding: DANIEL HAMERMESH, University of Texas-Austin and NBER ALICIA ADSERA, Population Research Center and University of Illinois-Chicago--Vanishing Children: From High Unemployment to Low Fertility in Developed Countries MICHAEL CONLIN, STACY DICKERT-CONLIN, Syracuse University, and MELISSA KOENIG, Social Security Administration--Love At What Price? Estimating the Value of Marriage CHARLENE KALENKOSKI, Ohio University, DAVID RIBAR, George Washington University, and LESLIE STRATTON, Virginia Commonwealth University--Parental Child Care in Single Parent and Married Couple Families: Time Dairy Evidence from the United States and the United Kingdom NIDHIYA MENON, Brandeis University--The Effect of Investment Credit on Children’s Schooling: Evidence from Pakistan Discussants:
GEORGE JOHNSON, University of Michigan Jan. 9, 10:15 am Cognitive Neuroscientific Foundations of Economic Behavior Presiding: ANDREW LO, Massachusetts Institute of Technology BRIAN KNUTSON, Stanford University, RICHARD PETERSON, San Mateo Medical Center, and MATT KAUFMAN, Stanford University--What Do You Expect? FMRI of Expected Utility ANDREW LO, DMITRY REPIN, Massachusetts Institute of Technology, and BRETT STEENBARGER, SUNY Upstate Medical University--Fear and Greed in Financial Markets: A Clinical Study of Online Futures Traders PAUL ZAK, KARLA BORJA, Claremont Graduate University, and ROBERT KURZBAN, University of Pennsylvania--Neuroendocrine Correlates of Distrust Discussants:
DAVID LAIBSON, Harvard University Jan. 9, 10:15 am Understanding Teacher Quality Presiding: THOMAS DEE, Swarthmore College ERIC BETTINGER, Case Western Reserve University, and BRIDGET LONG, Harvard University--Do Faculty Members Serve as Role Models? The Impact of Instructor Gender on Female Students THOMAS DEE, Swarthmore College--A Teacher Like Me? Does Race, Ethnicity or Gender Matter? DONALD BOYD, HAMILTON LANKFORD, State University of New York-Albany, and SUSANNA LOEB, Stanford University--Schools and Teachers: How the Interaction of Preferences Result in the Distribution of Teachers Discussants:
RONALD EHRENBERG, Cornell University Jan. 9, 10:15 am Central Bank Communication Presiding: OTMAR ISSING, European Central Bank JEFFREY D. AMATO, Bank for International Settlements, STEPHEN MORRIS, Yale University, and HYUN SONG SHIN, London School of Economics--Communication and Monetary Policy ALAN S. BLINDER, Princeton University, and CHARLES WYPLOSZ, Graduate Institute of International Studies, Geneva--Central Bank Talk: Committee Structure and Communications DONALD L. KOHN and BRIAN SACK, Federal Reserve Board--Central Bank Talk: Does It Matter and Why? MICHAEL EHRMANN and MARCEL FRATZSCHER, European Central Bank--Central Bank Communication: Different Strategies, Same Effectiveness? Discussants:
DONALD L. KOHN, Federal Reserve Board Jan. 9, 10:15 am SES Gradients in Health Presiding: JAMES P. SMITH, RAND Corporation ANNE CASE and ANGUS DEATON, Princeton University--Health and Wealth Among the Poor: India and South Africa Compared JAMES P. SMITH and DANA P. GOLDMAN, RAND Corporation--Socioeconomic Differences in the Adoption of New Medical Technologies: The Case of Hypertension DAVID CUTLER and EDWARD GLAESER, Harvard University--Why Don't Patients Follow Physician Advise? Discussants:
AMITABH CHANDRA, University of Kentucky Jan. 9, 10:15 am Capitalizing Research and Development Presiding: ERWIN DIEWERT, University of British Columbia JEFFREY BERNSTEIN, Carleton University and NBER, and THEOFANIS MAMUNEAS, University of Leicester and University of Cyprus--R&D Depreciation, Stocks, User Costs and Productivity Growth for US Knowledge Intensive Industries BARBARA FRAUMENI and SUMIYE OKUBO, Bureau of Economic Analysis--R&D in the National Accounts: Its Impact on GDP Estimates JOHN BALDWIN and GUY GELLATLY, Statistics Canada--Canada's Expenditures on Knowledge Capital Discussants:
ERWIN DIEWERT, University of British Columbia Jan. 9, 10:15 am Internet Markets Presiding: AXEL OCKENFELS, University of Cologne AXEL OCKENFELS, University of Cologne--Bidding in Single- and Multi-Unit eBay Auctions: Some Theory and a Controlled Field Experiment DAVID REILLEY and SEAN GRAY, University of Arizona--Measuring the Benefit of Sniping on eBay: Evidence from a Field Experiment GARY BOLTON, Pennsylvania State University, and AXEL OCKENFELS, University of Cologne--Building Trust in Internet Markets via Electronic Feedback Mechanism JOHN MORGAN, University of California-Berkeley, and MICHAEL BAYE, Indiana University--Brand and Price Advertising in Online Markets Jan. 9, 10:15 am Experimental Economics and the National Digital Library Presiding: BETTY J. BLECHA, San Francisco State University JAMES C. COX, University of Arizona--What is EconPort? J. TODD SWARTHOUT, University of Arizona--Pedagogical Motivation and Content of EconPort DANIEL ZENG, University of Arizona--OAI-Compliant Digital Library Technology and Software Trading-Agent Design and Implementation in EconPort RIYAD KALLA, University of Arizona--EconPort Architecture: WebStart, Content Management, and Experimental Software Integration Discussants:
CHARLES HOLT, University of Virginia Jan. 9, 10:15 am International and Development Economics--Poster Session Presiding: ROBERT FRANK, Cornell University SAYANTAN GHOSAL and MARCUS MILLER, University of Warwick--Renegotiating Debt Contracts and Equilibrium Delay NOURIEL ROUBINI, New York University, and BRAD SETSER, Council on Foreign Relations--Official Finance for Sovereign Debt Restructuring: Coercive "Bailins" Supported by Partial "Bailout" FRANCESCO GIAVAZZI, Massachusetts Institute of Technology, and CARLO FAVERO, Bocconi University--Brazilian Debt OLIVIER BLANCHARD, Massachusetts Institute of Technology--Fiscal Dominance and Inflation Targeting: Lessons from Brazil MARCUS MILLER, University of Warwick, KANNIKA THAMPANISHVONG, and LEI ZHANG, Stanford University--Learning by Lula and by the Market ALESSANDRA CASSAR, University of San Francisco, DANIEL FRIEDMAN, University of California-Santa Cruz, and PATRICIA SCHNEIDER, Mt. Holyoke College--Cheating in Markets: A Laboratory Experiment ANDREW HANSSEN and ROBERT FLECK, Montana State University--How Bad Can a Government Be? Neighborhood Constraints and the Quality of National Governments KHALED ABDEL-KADER, University of Minnesota-Duluth, and ESKANDER ALVI, Western Michigan University--The Impact of Economic Reform on Fertility: Evidence Using Panel Data MAXIM NIKITIN, University of Alberta, JOHN DUFFY, University of Pittsburgh, and TODD SMITH--Dollarization Traps MICHAEL A. QUINN, Bentley College--Movies and the Mystery of the Missing Trade: Is Hollywood Good for U.S. Exporters? SAJAL LAHIRI and VALERICA VLAD, Southern Illinois University-Carbondale--Foreign Direct Investment and Environment in a North-South Model with Cross-Border Pollution THOMAS LUBIK, Johns Hopkins University--Monetary Policy and Imperfect Pass-Through: A Tale of Two Countries VIVIAN ZHANWEI YUE, University of Pennsylvania--Sovereign Default and Debt Renegotiation YINGGANG ZHOU, Cornell University--Age Structure of Labor and Trade Adjustment: A Model of Graduate Liberalization Jan. 9, 10:15 am Auctions and Matching (Lecture) Presiding: ALVIN ROTH, Harvard University PAUL MILGROM, Stanford University Jan. 9, 10:15 Managing Fisheries and Enhancing Marine Biodiversity Presiding: RICHARD T. CARSON, University of California-San Diego RICHARD T. CARSON, CLIVE GRANGER, University of California-San Diego, JEREMY JACKSON, Scripps Institution of Oceanography, and WOLFRAM SCHLENKER, University of California-San Diego--Are Current Fisheries Management Models Wrong? An Error Correction Approach to Reconciling the Historical Records on Fish Stocks JAMES WILEN, LOUIS BOTSFORD, University of California-Davis, JAMES SANCHIRICO, Resources for the Future, and MARTIN SMITH, Duke University--Marine Reserves: The Importance of Economic and Biological Spatial Processes SCOTT BARRETT, Johns Hopkins University, THEODORE GROVES, University of California-San Diego, JIM JOSEPH, Interamerican Tropical Tuna Commission, and DALE SQUIRES, National Marine Fisheries Service--Design of an Implementable and Effective International Plan to Reduce Overfishing Discussant: GEOFFREY M. HEAL, Columbia University Jan. 9, 10:15 am Policies to Help the Medically Uninsured: How Well Do They Work? Presiding: DONALD E. YETT, University of Southern California ANTHONY LOSASSO and BRUCE MEYER, Northwestern University--The Health Care Safety Net and Crowd-Out of Private Health Insurance LINDA BLUMBERG, YU-CHU SHEN, MATTHEW BUETTGENS, LISA DUBAY, Urban Institute, and LEN NICHOLS, Center for Studying Health Systems Change--Tax Credits and Public Expansions: The Potential for Reducing the Uninsured KOSALI SIMON, Cornell University--Effect of Recent Federal Health Insurance Regulations on Uninsurance in Small Firms Discussants:
MICHAEL CHERNEW, University of Michigan Jan. 9, 1:00 pm Trade and Development Presiding: PAOLA CONCONI, ECARES, University of Warwick, and CEPR JOSH EDERINGTON, University of Miami, and PHILIP McCALMAN, University of California-Santa Cruz--Endogenous Technology Choice and the Nonequivalence of Tariffs and Quotas PAOLA CONCONI, ECARES, University of Warwick, and CEPR, and CARLO PERRONI, University of Warwick--Endogenous Protection, International Trade Cooperation and Economic Development: The Role of S&D Provisions GIOVANNI FACCHINI, University of Illinois, and PEDRO CAVALCANTI FERREIRA, Getulio Vargas Foundation--Trade Liberalization and Industrial Concentration NADEM ALEMDAR, SIBEL SIRAKAYA, and STEPHEN TURNOVSKY, University of Washington--Economic Growth, Trade, and Environmental Quality in a Two-region World Economy Discussants:
STEPHEN YEAPLE, University of Pennsylvania Jan. 9, 1:00 pm Neuroeconomics Presiding: GEORGE LOEWENSTEIN, Carnegie Mellon University PAUL GLIMCHER, New York University--Human and Monkey Circuits for Decision Making SAMUEL McCLURE, DAVID LAIBSON, Harvard University, GEORGE LOEWENSTEIN, Carnegie Mellon University, and JONATHAN COHEN, Princeton University--The Neural Bases of Intertemporal Choice BRIAN KNUTSON, RICHARD PETERSON, and JONATHAN TAYLOR, Stanford University--Neurally Reconstructing Expected Utility COLIN CAMERER, MING HSU, and PETER BOSSAERTS, Caltech--Uncertainty-Aversion and Strategic Thinking: Evidence from MRI and Lesion Patients Jan. 9, 1:00 pm Data/Code Archives and Replicable Research Presiding: RICHARD ANDERSON, Federal Reserve Bank of St. Louis B.D. McCULLOUGH, KERRY ANNE McGEARY, and TERESA D. HARRISON, Drexel University--Lessons from the Fed St. Louis Archive WILLIAM H. GREENE, New York University--Replicability in Empirical Research: A Software Developer's View WILLIAM H. GREENE, New York University, B.D. McCULLOUGH, Drexel University, and H.D. VINOD, Fordham University--The Role of Data/Code Archives in the Future of Economic Research H.D. VINOD, Fordham University--Evaluation of Archived Code with Perturbation Checks and Alternatives Discussants:
ROBERT CAVAZOS, Economic Systems Inc. Jan. 9, 1:00 pm Terrorism: Alternative Economic Perspectives Presiding: TODD SANDLER, University of Southern California GEOFFREY HEAL, Columbia University, and HOWARD KUNREUTHER, University of Pennsylvania--Interdependent Security: A General Model WALTER ENDERS, University of Alabama-Tuscaloosa, and TODD SANDLER, University of Southern California--After 9/11: Is It All Different Now? JOAO RICARDO FARIA, University of Texas-Dallas, and DANIEL G. ARCE, Rhodes College--Terror Support and Recruitment Discussants:
CHARLES ANDERTON, College of the Holy Cross Jan. 9, 1:00 pm The Economics of Mental and Behavioral Health Issues Among Children and Youth Presiding: BISAKHA SEN, University of Alabama-Birmingham LAN LIANG, University of Illinois-Chicago, NACI MOCAN, University of Colorado-Denver and NBER, and ERDAL TEKIN, Georgia State University and NBER--Do Adolescents with Emotional or Behavioral Problems Respond to Cigarette Prices? BISAKHA SEN and SHAILENDER SWAMINATHAN, University of Alabama-Birmingham--Maternal Prenatal Substance Use and Behavioral Outcomes Among Children ALISON CUELLAR, Columbia University, and SARA MARKOWITZ, Rutgers University-Newark--Medicaid Policy Changes in Behavioral Health Care and Their Effect on Suicide PHILIP DECICCA, University of Michigan, DONALD KENKEL, and ALAN MATHIOS, Cornell University--Cigarette Taxes and the Transition from Youth to Adult Smoking: Smoking Initiation, Cessation, and Participation Discussants:
TRACI MACH, Federal Reserve Board Jan. 9, 1:00 pm Production Specialization and International Trade Theory Presiding: HUGO SONNENSCHEIN, University of Chicago ANDREW B. BERNARD, Dartmouth College, J. BRADFORD JENSEN, Institute for International Economics, and PETER SCHOTT, Yale University--Survival of the Best Fit: Exposure to Low-Wage Countries and the Growth of U.S. Manufacturing Plants CHRISTIS TOMBAZOS, XIAOKAI YANG, and DINGSHENG ZHANG, Monash University--Beyond the Diversification Cone: A Neo-Heckscher-Ohlin Model of Trade with Endogenous Specialization BIN XU, University of Florida and China Europe International Business School, and WEI LI, University of Virginia--Factor Productivity and Global Trade Discussants:
PAUL BERGIN, University of California-Davis Jan. 9, 1:00 pm The Economics of Marriage Presiding: MARK R. ROSENZWEIG, Harvard University ELAINE ROSE, University of Washington--Education and Hypergamy, and the “Success Gap” LEORA FRIEDBERG, University of Virginia and NBER, and STEVEN STERN, University of Virginia--Marriage, Divorce, and Asymmetric Information NEZIH GUNER, Pennsylvania State University, and JOHN KNOWLES, University of Pennsylvania--Marital Instability and the Distribution of Wealth LUIS CUBEDDU, JAY HONG, and VICTOR RIOS-RULL, University of Pennsylvania--Life Insurance and Household Consumption Discussants:
TED BERGSTROM, University of California-Santa Barbara Jan. 9, 1:00 pm Patterns and Determinants of Inflation Persistence Presiding: IGNAZIO ANGELONI, European Central Bank E. DHYNE, L. ALVAREZ, H. LE BIHAN, G.VERONESE, D. DIAS, J. HOFFMAN, N. JONKER, PÜNNEMANN, F. RUMLER, and J. VILMUNEN, European Central Bank--Price Setting in the Euro Area: Some Stylized Facts from Individual Consumer Price Data I. ANGELONI, L. AUCREMANNE, M. EHRMANN, J. GALI, Universitat Pompeu Fabra and CREI, V. GASPAR, A. LEVIN, Federal Reserve Board, and F. SMETS, European Central Bank--Inflation Persistence in the Euro Area: A Summary Report S. FABIANI, M. DRUANT, I. HERNANDO, C. KWAPIL, B. LANDAU, C. LOUPIAS, F. MARTINS, T. MATHAE, R. SABBATINI, and A. STOKMAN, European Central Bank--The Pricing Behaviour of Firms in the Euro Area: New Survey Evidence Discussants:
RICARDO REIS, Princeton University Jan. 9, 1:00 pm Local Competition for Economic Activity Presiding: FELIX OBERHOLZER-GEE, Harvard University MICHAEL GREENSTONE, Massachusetts Institute of Technology, and ENRICO MORETTI, University of California-Los Angeles--Bidding for Industrial Plants: Does Winning a "Million Dollar Plant" Increase Welfare? VICTOR CALANOG, University of Pennsylvania--Local Government Competition for Businesses: A Field Experiment JAMES R. HINES, University of Michigan--Tax Competition between Fallible Governments DAVID E. WILDASIN, University of Kentucky--Competitive Fiscal Structures Discussants:
KOLEMAN STRUMPF, University of North Carolina Jan. 9, 1:00 pm Subjective Probability Distributions Presiding: MICHAEL HURD, RAND Corporation MAARTEN VAN ROOIJ, De Nederlandsche Bank, and JOACHIM WINTER, University of Mannheim--Short-Run Variations in Household's Financial Market Expectations LI GAN, GUAN GONG, University of Texas-Austin, and MICHAEL HURD, RAND Corporation--A Structural Model of Multi-Waves of Subjective Survival Probabilities DANIEL HILL, MICHAEL PERRY, and ROBERT J. WILLIS, University of Michigan --Estimating Knightian Uncertainty from Survival Probability Questions on the HRS CHARLES F. MANSKI, Northwestern University, and JEFF DOMINITZ, Carnegie Mellon University--Measuring Stock Market Confidence Probabilistically Discussants:
MICHAEL HALIASSOS, University of Cyprus Jan. 9, 1:00 pm Empirical Law and Economics Presiding: W. MARK CRAIN, George Mason University DAVID S. LEE, University of California-Berkeley, and JUSTIN McCRARY, University of Michigan--Deterrence and Punishment Effects of Criminal Sanctions: Evidence from Arrest-level Micro-data in Florida RICHARD BOYLAN, University of Alabama--Fiscal Federalism and the War on Drugs MARK GARMAISE, University of California-Los Angeles, and TOBIAS MOSKOWITZ, University of Chicago--Bank Mergers and Crime: The Real and Social Effects of Credit Market Competition Discussants:
W. MARK CRAIN, George Mason University Jan. 9, 1:00 pm Markets with Environmentally Conscious Consumers Presiding: MADHU KHANNA, University of Illinois-Urbana-Champaign ROBERT INNES, University of Arizona--A Theory of Consumer Boycotts under Symmetric Information and Imperfect Competition GEORGE DELTAS, MADHU KHANNA, and DONNA THERESA RAMIREZ, University of Illinois-Urbana-Champaign--Markets with Environmentally Conscious Consumers KATHLEEN SEGERSON and RASHA AHMED, University of Connecticut--Voluntary Approaches and the Use of Less Polluting Products THOMAS LYON and JOHN MAXWELL, Indiana University-Bloomington--Greenwash or Transparency: Corporate Communications and Consumer Boycotts Discussants:
GEORGE DELTAS, University of Illinois-Urbana-Champaign
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