high-res - Royal Economic Society
Transcription
high-res - Royal Economic Society
the royal economic society annual conference 2016 2016 p r o g r a m m e Monday 21 March 2016 overview Tuesday 22 March 2016 Wednesday 23 March 2016 09:00 09:00 09:15 09:30 09:45 09:15 Registration and Coffee/Tea Jubilee Social Space General Sessions 2 General Sessions 4 10:00 10:45 11:00 11:15 11:30 11:45 10:15 PLENARY: MINIMUM WAGES Alan B. Krueger (Princeton) Respondents: Richard Blundell (UCL), Arindrajit Dube (UMass Amherst), Steve Machin (UCL) Jubilee Lecture Theatre 12:00 12:15 Buffet Lunch 12:30 Jubilee Atrium 12:45 13:00 Book signing: Alan B. Krueger Jubilee Social Space 13:15 ECONOMIC JOURNAL LECTURE Esther Duflo (MIT) 13:30 Presentation of RES Prize 13:45 14:00 14:15 14:30 PLENARY: BREXIT? Panel: Richard Baldwin (Graduate Institute), Swati Dhingra (LSE), Enrico Spoloare (Tufts), John Van Reenen (LSE) Coffee/Tea Break Jubilee and Fulton Jubilee Atrium General Sessions 5 Buffet Lunch Jubilee 144 Jubilee Atrium Women’s Committee Special Session (with lunch) Fulton A Coffee/Tea Break Jubilee and Fulton Jubilee Lecture Theatre Jubilee Lecture Theatre General Sessions 1 Coffee/Tea Break Jubilee and Fulton 16:30 13:30 13:45 14:00 14:15 14:30 14:45 15:00 15:45 16:30 Coffee/Tea Break Jubilee and Fulton Conference closes 16:45 17:00 17:15 Special Sessions A 17:30 17:45 Special Sessions B 18:00 18:15 18:30 13:15 16:15 General Sessions 3 17:00 17:30 13:00 16:00 Coffee/Tea Break Jubilee and Fulton 16:45 17:15 12:45 15:30 Special Sessions C 16:00 16:15 12:30 15:15 Jubilee 155 15:45 11:45 12:15 RES AGM (with lunch) Wiley Workshop Jubilee 155 Wiley Workshop 11:30 12:00 Jubilee Lecture Theatre Coffee/Tea Break Jubilee and Fulton 10:45 11:15 Jubilee Lecture Theatre Buffet Lunch 10:30 11:00 SARGAN LECTURE Susanne Schennach (Brown) Presentation of Denis Sargan Prize 15:00 15:30 Coffee/Tea Break Jubilee and Fulton HAHN LECTURE Kristin Forbes (MIT and MPC) Presentation of Austin Robinson Prize 14:45 15:15 09:45 10:00 10:15 10:30 09:30 17:45 18:00 18:15 Coach Travel to Brighton 18:30 18:45 18:45 19:00 Coach Travel to Brighton 19:00 19:15 19:15 19:30 19:30 19:45 20:00 20:15 20:30 Drinks Reception Brighton Museum & Art Gallery Royal Pavilion visit (open until 21:00) 19:45 Reception and Gala Dinner The Grand Hotel (until late) 20:00 20:15 20:30 20:45 20:45 21:00 21:00 Seen an interesting talk, heard an outrageous proposition, enjoyed a great chat? Why not tweet about it using: #RESconf2016 floor plans JuBilEE Building ground floor G22 Seating BMEc School Office Lift G36 Luggage Room G35 Press Office G16 G45 Lift Jubilee Atrium G32 Seating G31 Seating G23 Computer Cluster Exhibitors – Social Space Café Registration Main entrance Conference entrance Jubilee Lecture Theatre JuBilEE Building first floor 115 135 Lift Lift 144 Lecture Theatre 143 155 1 2016 2016 floor plans Fulton Building ground floor Main entrance Lift Lecture Theatre B Lecture Theatre A Lobby Social Space (Tea & Coffee) Main entrance Fulton Building first floor 106 107 109 110 111 112 Lift Lobby 104 103 102 101 211 212 113 114 Fulton Building second floor 206 207 208 209 210 Lift Lobby 205 2 204 203 202 201 213 214 contents Programme Overview Floor plans Economics at Sussex Organisers and Committees General Information Social Events Inside front cover 1-2 7-12 16-18 23 24-26 Best of Brighton 27 Exhibitors and Publisher Events 31 Meetings and Awards 34 Keynote Lectures 38-39 Plenary Sessions 40 Special Sessions 41-47 General Sessions 48-95 Index of Presenters 96-98 Notes99 Campus map Back cover 3 2016 5 economics at sussex Economics at Sussex Sussex was the first of the new wave of UK universities founded in the 1960s, receiving its Royal Charter in 1961, with 7 out of 52 students majoring in Economics under the direction of Michael Lipton. Over the past decades we have developed a reputation for innovation and inspiration, attracting leading thinkers and researchers to become a leading research university, as reflected in the 2014 Research Excellence Framework. The Department of Economics enjoys an international reputation for outstanding teaching and applied research, particularly in the areas of development, trade, labour, poverty and energy. Our dynamic department has some 30 members of faculty combining bright early-career economists with a strong core of experienced senior academics. These include Professor Alan Winters, who has served as Chief Economist at the UK Department for International Development (DFID) and Director of the Development Research Group of the World Bank; Professor Richard Dickens, who is a member of the Low Pay Commission; and Professor Richard Tol who contributed to the award of the 2007 Nobel Peace Prize to the International Panel on Climate Change (IPCC). The expertise of our faculty spans a broad range of themes, with particular strength in policy analysis and applied research techniques, but also extending to economic theory. Our faculty is driven by a desire to address critical global economic issues and generate impact through policy-relevant research. Through robust applied research, our findings directly inform economic policy-making organisations, such as the World Bank, the World Trade Organization, the UK Department for Business, Innovation & Skills and the US government. Many of our faculty also hold advisory roles in national and international bodies, such as the Low Pay Commission, the Global Development Network and Ofsted. Research highlights International Trade We have a long-standing tradition of research in international trade. Our research helps to inform trade policy around the world, while addressing wider issues such as poverty, development, migration, and productivity. Unravelling firms: demand, productivity and mark-ups heterogeneity There is great interest in estimating firm-level productivity in several dimensions of heterogeneity across firms, and particularly in demand. We propose a new framework that simultaneously measures heterogeneity in technical efficiency, demand, and mark-ups across firms, while leaving the correlation among the three unrestricted. Shedding some light on services trade Border barriers in international services trade have generally fallen over time, yet pronounced differences across services sectors and countries persist. Our research finds that border effects for the smallest economies have remained stable, giving rise to a divergent pattern across countries. International trade in electricity and renewable energy targets Several EU member states have a national system of Tradable Green Certificates, whilst also developing interconnectors that facilitate international trade in electricity. Our research shows that national renewable energy policy decisions do not align with the EU renewable energy target in the absence of binding national targets and international trade in electricity. 7 2016 2016 economics at sussex Poverty and Development We conduct research into all aspects of poverty, inequality and economic development in both developing and developed countries. This area of work has always been an integral aspect of the work of the Department. The outcomes of women-friendly legislation Exploiting cross-state and cross-time variation in the implementation of the reform for identification, we find evidence that womenfriendly legislation, in the form of equal inheritance rights as men, does not modify the historic preference for sons in India. Early labour market transitions of women in Sub-Saharan Africa In order to understand the deep-rooted social norms preventing women from enhancing their economic lives we investigate the disadvantages faced by young women in Sub-Saharan Africa in the labour market and in educational attainment, as well as the role of fertility in relation to these. Female labour supply and the escape from poverty This project explores the transition of female labour supply from a short term coping mechanism in response to shocks to a situation where the female household member becomes an importance secondary earner in her own right, and how this enables sustained escape from poverty. Migrating out of Poverty This research focuses on the drivers and development impacts of regional and internal migration in developing countries in Africa and Asia. Our current focus is to explore networks, remittances and welfare through the design and collection of new household survey data for five countries. Revealing discrimination in rental housing market, India Housing segregation was historically central to the logic of the caste system. Through a field experiment on one of India’s largest real estate websites we test for religious discrimination in rental housing and reveal growing religious polarization in India, and explore evolving coping strategies of disadvantaged minorities including the growth of parallel markets. 8 economics at sussex Labour, Education and Health Our research looks at a wide range of issues in both developed and developing country settings such as wage levels and distribution, labour supply and markets, school performance evaluation, NHS reforms, the impact of malaria control on infant mortality, and the evaluation of policies aimed at boosting maternal and child health. The effects of birth registration on child labour and education Our research shows that birth registration laws improved the effectiveness of minimum working age laws and schooling laws in early 20th century USA. This had long-term implications for educational attainment and is of relevance today to many developing countries, where not all births are registered. Influences of educational choices Ongoing work shows that political cycles affect school resources in India in numerous ways, providing a new explanation of why private schools function better than government schools in a poor institutional setting. In the UK, early results suggest that girls are much poorer than boys in self-assessing their computer skills at age 15, potentially obfuscating their educational choices with respect to ICT-related fields. Evaluation in the public sector: evidence from school inspections Research into the impact of the English Ofsted school inspections regime provides some of the first hard empirical evidence on how Ofsted shapes behaviour and affects the education market. In particular, how school performance responds to the punitive elements of the regime, and the impact of disclosure of Ofsted inspection ratings on parents’ school choice decisions, as well as on house prices. Teacher turnover and student attainment We use a unique administrative teacher workforce dataset for England to examine the impact of teacher turnover on secondary school student academic attainment. Our findings suggest that the academic achievement of 16 year olds in English state schools is slightly reduced by teacher turnover Evaluating the impact of 7-day GP opening on A&E attendances We evaluate a Central London based pilot programme to open general practitioner clinics on weekends using detailed patient-level data on A&E visits. We find significant drops in A&E visits by patients in treatment clinics and a significant reduction in A&E visits by elderly patients. Does birthright citizenship improve integration? We study the consequences of the introduction of birthright citizenship in Germany in 2000 by looking at the effect of the reform on the cultural integration of immigrant parents, economic choices, and health and skills of children affected by the reform. 9 2016 2016 economics at sussex Environment and Energy We study the effect of resources on the economy, assess the value of environmental amenities, investigate the impacts of climate change, and evaluate and design architectures for international and national climate policies. Exploring the relationship between environment and wellbeing We are working with organisations in the financial sector to collect and analyse panel data on well-being from employees via a Smartphone app. Variables cover topics including subjective wellbeing and mood, productivity, and heart rate variability, with future scope for experimental treatments. Ethnicity, resources and power We use geo-coded datasets on ethnic power relations and mineral discovery, as well as production, to understand the role of natural resources in explaining ethnic power relations in Africa. Our aim is to explore spatio-temporal patterns in the data. Understanding the economic impacts of climate change Through the development of a continually updated integrated assessment model we can gauge how vulnerability to climate change evolves with economic development. The model is helping us to understand the economic impact of climate change and the methods and assumptions that underpin the estimation of the social cost of carbon. Economic Theory, Behaviour and Experiments We combine tools and techniques from microeconomic theory, game theory, behavioural economics and experimental economics to address fundamental questions about the behaviour of economic agents, and how such behaviour should be modelled. Bargaining: how commitment claims are used as a tactic in negotiations Commitment tactics have long been recognised as an important factor in determining bargaining outcomes, and as a source of conflict in negotiations — consider the oft used “red-lines” of politicians. Recent experimental work has tested a prominent reputation model of such behaviour, and finds evidence that pretending to be obstinate (i.e. committed) is a strategic force that is well understood by subjects. Can rationality be taught? Experimental Evidence from India We use a lab-in-the-field experiment to test for consistency with utility maximization among women in rural India. Exploiting the random assignment of these women to an adult education program, we establish the causal effect of education on the degree of consistency. We find that around 50% of women’s choices violate transitivity and that adult education decreases both the number of decision-making errors made as well as the severity of these errors. 10 economics at sussex Quantitative Economic History Our research delves into the past to gain an understanding of the impact of social and economic policies, and the evolution of living standards and human well-being across the centuries. The role of agricultural reforms and rural productivity Investigations into how agricultural reforms and increases in rural productivity shaped the development of the Chinese economy in the 1980s and 1990s have shown that higher agricultural surpluses provided an important source of capital for early non-State Owned firms and aided the development of the non-agricultural sector. Out of Africa: the impact of colonial railways on Africa’s economic geography Using a panel of highly disaggregated data spanning over one century, the research shows how colonial railroads calibrated spatial equilibria within African countries. These equilibria persisted although railroads collapsed and road networks expanded considerably post independence. Measuring global income inequality Based on the results of household expenditure surveys, we are calculating new estimates of world inequality in the period from the end of the nineteenth century to the 1960s, to enhance our understanding of the history of global living standards and the distributional consequences of long-term economic growth so as to inform policy design today. Public service performance in developing countries Using a panel of several thousand Kenyan police officers, our research shows how ethnic politics encroached and changed the behaviour of the members of the Kenya Police Force in the post independence period. 11 2016 2016 economics at sussex Economics Degrees at Sussex At the University of Sussex we are developing the next generation of economists. With a strong international atmosphere, we have a vibrant community of around 500 undergraduate students and 100 postgraduate students at Masters and PhD level sharing their ideas with faculty who are top economic thinkers and policy influencers. Both our undergraduate and postgraduate degrees are enriched by our research, with a growing degree of optionality embedded in our programmes, reflecting are broadening research interests. MSc Economics Our flagship Masters programme equips students with skills and knowledge in applied economics to become successful, policy-oriented economists in government, international organisations or in academia. The highest importance is attached to basing applied work on sound theoretical foundations, as well as using best practice quantitative techniques in estimating and testing models. The ‘internship’ variant of the MSc allows students to take a three-month ‘internship’, such as a placement in an international organisation or a research assistantship in a university. MSc Development Economics Explores development issues covering poverty, inequality, economic growth, stabilisation and debt. Students learn how to evaluate policy and deal with complex issues systematically and creatively, developing the skills required for employment as economists in challenging circumstances. MSc International Business Economics Enhances the study of international business with a solid grounding in the economic theory that explains business behaviour. Develop knowledge of micro-economic principles relating to the theories of firms and consumers, and macroeconomic principles underpinning national and international economies. MSc International Finance and Economics Provides an understanding of the impact of finance and financial markets on the wider global economy. Students explore theory of finance and quantitative methods in a way that emphasizes logical development and application. For more information please see: www.sussex.ac.uk/economics/pgstudy/2016/taught PhD Economics We have a lively community of postgraduate research students, engaged in both theoretical and applied research in all of the key themes of the department. Many go on to become successful, policy-oriented economists in government, international organisations, as well as in academia. • Lucio Castro (PhD 2014) Director of Economic Development, CIPPEC, Argentina • Kalle Hirvonen (MA, PhD 2014) Associate Research Fellow, IFPRI, Ethiopia •Paola Salardi (MA, PhD 2013) Senior Fellow, Trudeau Centre for Peace, Conflict and Justice, University of Toronto, Canada • Marinella Leone (MA, PhD 2013) Research Fellow, IDS, UK • Javier Lopez Gonzales (MA, PhD 2012) Trade Policy Analyst, OECD, France •Leonardo Iacovone (MA, PhD 2008) – Senior Economist in Innovation, Technology and Entrepreneurship Global Practice, World Bank Group (currently Mexico) For more information please see: www.sussex.ac.uk/economics/pgstudy/2016/research 12 2016 organisers and committees Conference Secretary Neil Rickman University of Surrey Programme Chair Richard Dickens University of Sussex Deputy Programme Chair Holger Breinlich University of Nottingham Local Organiser Dimitra Petropoulou University of Sussex Media Romesh Vaitilingam Media Consultant Royal Economic Society (Twitter: @econromesh) Ferdinando Giugliano Economics Commentator, La Repubblica, and RES 2016 Conference Rapporteur First Sight Media Econ Films Peter Howells Royal Economic Society Newsletter Editor Programme Committee Pierre-Richard Agenor University of Manchester MatthewGentry London School of Economics Sule Alan University of Essex Raffaella Giacomini University College London Marta Aloi University of Nottingham JonathanHalket University of Essex Ghazala Azmat Queen Mary University of London Tom Holden University of Surrey Michele Belot University of Edinburgh GianlucaBenigno London School of Economics Michele Berardi University of Manchester Sonia Bhalotra University of Essex Jo Blanden University of Surrey Spiros Bougheas University of Nottingham Sarah Brown University of Sheffield Gharad Bryan London School of Economics Antonio Cabrales University College London Alessia Campolmi University of Glasgow Amalavoyal Chari University of Sussex Wanyu Chung University of Nottingham Daniele Condorelli University of Essex Robin Cubitt University of Nottingham Mariacristina De Nardi University College London Iftikhar Hussain University of Sussex Gianmario Impulitti University of Nottingham Marcin T Kacperczyk Imperial College Business School George Kapetanios Queen Mary University of London Camille Landais London School of Economics Clare Leaver University of Oxford Tim Leunig London School of Economics MatthewLevy London School of Economics Jeremy Lise University College London Anandi Mani University of Warwick Ralf Martin Imperial College Business School Paolo Masella University of Sussex GiovanniMastrobuoni University of Essex Michael McMahon University of Warwick Antonio Mele University of Surrey Swati Dhingra London School of Economics Paul Mizen University of Nottingham Richard Disney University of Sussex Joao Montez London Business School Mirko Draca University of Warwick Atsuyoshi Morozumi University of Nottingham Ben Etheridge University of Essex Gareth Myles University of Exeter James Fenske University of Oxford Lars Nesheim University College London Andrea Ferrero University of Oxford Antonio Nicolo University of Manchester Vasco Gabriel University of Surrey Stefan Niemann University of Essex Manolis Galenianios Royal Holloway University of London Patrick Nolen University of Essex 16 Vikram Pathania University of Sussex organisers and committees Silvana Tenreyro London School of Economics Ronni Pavan Royal Holloway University of London Catherine Thomas London School of Economics Veronica Rappoport London School of Economics Katrin Tinn Imperial College Business School Ferdinand Rauch University of Oxford Mirco Tonin University of Southampton Ludovic Renou University of Essex Christopher Tyson Queen Mary University of London Nikita Roketskiy University College London Christine Valente University of Bristol Pedro Rosa Dias Imperial College Business School Simon Weidenholzer University of Essex Joao Santos Silva University of Surrey Frank Windmeijer University of Bristol Luigi Siciliani University of York MaurizioZanardi Lancaster University Vincent Sterk University College London Piercarlo Zanchettin University of Leicester Roman Sustek Queen Mary University of London Floris Zoutman NHH Norwegian School of Economics Shqiponja Telhaj University of Sussex Gabriel Zucman London School of Economics Programme Chair’s Assistant Nirusha Vigi University College London & Institute for Fiscal Studies Administrative Support Amanda Wilman Royal Economic Society Cheryl Dochard Royal Economic Society Local Organisation Group University of Sussex Antonia Schwarz ZhenKun Wang Yousra Abdelmoneum Nicholas Jacob Gamze Saglam Eleanor Adamiw Bridget Kauma Hannah Sam Lydia Adeoye Subhani Keerthiratne Marta Schoch Filippo Bontadini Michael Keller Nihar Shembavnekar Egidio Farina Julia Lang Tsegay Tekleselassie Sara-Maria Fratila Erendira Leon Bravo Courtney Treco Daniele Guariso Natalya Li Susan Vasquez Plasencia Sweta Gupta Karina Mendoza Kieran Wilkie Gustavo Iriarte Rivas Napwora Laura Naliaka George Willis Charlotte Humma Conference Assistants 17 2016 2016 organisers and committees RES Executive Committee President: Professor John Hardman Moore (University of Edinburgh & London School of Economics) President-elect: Professor Andrew Chesher (University College London and cemmap) Past President: Professor Sir Charles Bean (London School of Economics) Secretary-General: Professor Denise Osborn (Emeritus, University of Manchester) Deputy (Second) Secretary: Professor Robin Naylor (University of Warwick) Honorary Treasurer: Mark Robson (Bank of England) Managing Editor of The Economic Journal: Professor Rachel Griffith (IFS & University of Manchester) Managing Editor of The Econometrics Journal: Professor Richard Smith (University of Cambridge) Conference Committee Secretary (co-opted): Professor Neil Rickman (University of Surrey) Chair of CHUDE (co-opted): Professor Eric Pentecost (University of Loughborough) Chair of Women’s Committee (co-opted): Professor Karen Mumford (University of York) Council representatives: Professor Jonathan Haskel (Imperial College, 2016), Professor Sarah Smith (University of Bristol, 2017), Paul Johnson (Institute for Fiscal Studies, 2017), Professor Stephen Machin (University College London, 2018), Professor Frank Windmeijer (University of Bristol, 2019) RES Council President: Professor John Hardman Moore President-elect: Professor Andrew Chesher Vice-Presidents: Sir Tony Atkinson, Lord Burns, Sir Partha Dasgupta, J M Hardie, Sir David Hendry, Sir James Mirrlees, S J Nickell, R Portes, P Rowlatt, A K Sen, J Sutton, Sir John Vickers, Sir Richard Blundell To hold office until AGM 2016: P Collier, J Grice, J Haskel, G Levy, G. Lyons, A Prat To hold office until AGM 2017: M Browning, T Harford, P Johnson, K Scharf, P Sinclair, S Smith To hold office until AGM 2018: O Bandiera, V Bhaskar, S Brown, V Crawford, A Haldane, J Portes To hold office until AGM 2019: J. Banks, D. Coyle, A. Dhillon, S. Machin, J. Van Reenen, S. Tenreyro To hold office until AGM 2020: M. Belot, W. Carlin, K. O’Rourke, R. Peston, M. Weale, F. Windmeijer Honorary Treasurer: M Robson 18 19 20 •We have supported and offered advice to nearly 200 charities •Join over 400 economists from across the profession •Use and develop your professional skills in a new field •Support charities through advice on data needs and Cost-benefit analysis •Opportunities for scoping, analysis and peer review •Work with charities across the sector: education, homelessness, health, criminal justice and others Support economists to help charities Text PBEC28 £2 / £5 / £10 to 70070 to donate now eg PBEC28 £5 Visit our stand in the Jubilee atrium for more info general information Conference Location – All conference sessions will take place in the state-of-the-art Jubilee Building and in the Fulton Building (building numbers 15 and 30, respectively, on the campus map). Tea/coffee breaks will be provided in both the Jubilee and Fulton buildings, while lunches will be held in the Jubilee atrium, in close proximity to the Jubilee lecture theatre and exhibitor stands. Local travel – The 23, 25, 28 and 29 buses run regularly between Brighton (Old Steine; 25 also from Churchill Square) and the University. Travel time is 25 –30 minutes, but allow more time during rush hour. The campus train station is Falmer, which connects to both Brighton and Lewes stations in 10 minutes. Falmer station is 10 minutes walk from the Jubilee building. Several taxi companies operate locally, including Brighton & Hove Radio Cabs (01273 204060), Streamline Taxis (01273 202020), City Cabs (01273 205205) and Lewes & District Taxis (01273 483232). Arrival and Registration – The Conference Registration Desk is on the ground floor of the Jubilee Building, adjacent to the Jubilee Lecture Theatre. It will be manned throughout the conference. Car Parking – Parking is provided free of charge in any campus car park, for the entire duration of the conference. Delegates must collect a permit from the Conference Registration Desk or download a permit from the Conference website. Car parks 7 and 10 are the nearest to the Jubilee Building. Luggage – Jubilee G36 is the (locked) luggage room. If you wish to store luggage (or to collect left luggage), please contact the Conference Registration Desk. Sessions and Presentations – All seminar rooms have a PC with a data projector, and a visualiser. PCs have the complete suite of Microsoft Office as well as pdf readers. Presenters should bring their presentation on a memory stick and upload it to the PC in their session room in the break before their session. Laptops can be connected to the projector via DVI or VGA connection. The Conference Press Office is located in Jubilee G35. Internet – All conference attendees will have access to free Wi-Fi. To access the free Wi-Fi: 1. Search for available Wi-Fi networks and choose Conferences 2. When asked for the password, type in one of the following depending on the date: Monday 21 March: surround another elbow Tuesday 22 and Wednesday 23 March: venture my macaroni Alternatively, delegates can use eduroam, if they are registered via their home institution. PC cluster room – Jubilee G23; for log-in details contact the Conference Registration Desk. Printing – The Conference Registration Desk is not able to print documents for delegates. First Aid and Emergency Services – Should you require first aid you should go directly to the Conference Registration Desk or alert one of the Conference Volunteers. In an emergency while on Campus please dial the Security Office (open 24 hours) on extension 3333 from an internal phone, or 01273 873333 from a mobile/external phone. Blue emergency telephones located around campus are directly linked to the University’s Security Service. The Security Office can alert a Mobile First Aider to attend a first aid call and coordinate emergency services. Outside campus the number for emergencies is 999, which you can dial from any landline or mobile phone without charge. The John Smith’s Bookshop is in the Library (20 on the campus map). A Co-operative Food supermarket store, containing a newsagent and Post Office, is in Bramber House (13 on the campus map), while the Students’ Union Shop is in Falmer House (55 on the campus map). A Pharmacy can be found at the Health Centre (6 on the campus map). Banking – A 24 hour ATM (Barclay’s) is located at Sussex House (54 on the campus map). Further cash points are in Bramber House and York House (13 and 10, respectively on the campus map). Telephone dialling code – The international dialling code for the UK is +44. Power – The UK uses 240v power supply. Delegates wishing to use electrical equipment operating on a different voltage must bring their own adapter. 23 2016 2016 social events Drinks Reception at Brighton Museum & Art Gallery and Tour of the Royal Pavilion Monday 21 March 19:00 – 20:30 open 18:00 – 21:00 With generous sponsorship from John Wiley & Sons All delegates are invited for this Drinks Reception at the Brighton Museum & Art Gallery. The Royal Pavilion will also open exclusively for RES Conference participants to tour. Please wear your conference badge. The Brighton Museum & Art Gallery and Royal Pavilion are both located in the Royal Pavilion Gardens, at the heart of the city’s cultural quarter. The Museum’s diverse collections bring together the arts and history of the city, while the Royal Pavilion, built as a seaside pleasure palace for King George IV, mixes Regency grandeur with the visual style of India and China. A number of coaches will be available to transport delegates to the Royal Pavilion Gardens from the Conference venue directly after the close of sessions at 18:15. The Conference assistants will direct you to the coaches, which will be located centrally between the Jubilee and Fulton buildings. For those making their own way to the Drinks Reception, the Royal Pavilion Gardens are a fifteen-minute walk from Brighton Rail Station. There are bus stops (for local buses) just outside the Royal Pavilion on Old Steine, while local buses travelling into the city stop in North Street, just a five-minute walk away. If coming by car, the closest NCP car park is on Church Street (post code BN1 1US). 24 social events Restaurants Near Brighton Museum & Art Gallery Below is a selection of restaurants within easy walking distance of the Brighton Museum & Art Museum, where the Drinks Reception will be held on Monday 21 March from 19:00 – 20:30. Please note that these are suggestions only, not recommendations. You are advised to make a reservation in advance, and to note last orders can be fairly early. Name Address Phone Number Cuisine Minutes Walk Last Orders 64 Degrees Meeting House Lane 01273 770115 British 5 Al Duomo Pavilion Buildings 01273 326741 Italian 2 22:00 Bills North Road 01273 692894 British 6 22:00 Breakfast Club Market Street 01273 947080 American 5 22:30 Browns Dukes Street 01273 323501 Brasserie 6 22:00 Burgers & Cocktails North Road 01273 688885 American 6 Café Rouge Prince Albert Street 01273 774422 French 6 Carte Blanche East Street 01273 726006 French 5 Casa Don Carlos Union Street 01273 327177 Spanish 6 Chaula’s Little East Street 01273 771661 Indian 6 Chilli Pickle Jubilee Street 01273 900383 Indian 3 Cote Brasserie Church Street 01273 687541 Brasserie 1 22:00 Curry Leaf Café Ship Street 01273 207070 Indian 6 22:00 Donatello Brighton Place 01273 775477 Italian 5 23:00 English’s East Street 01273 327980 Seafood 5 22:00 Fishy Fishy East Street 01273 723750 Seafood 5 22:00 Food for Friends Prince Albert Street 01273 202310 Vegetarian 6 22:00 Gars Prince Albert Street 01273 321321 Chinese 6 Gourmet Burger Kitchen Gardner Street 01273 685895 American 4 Grow 40 Kensington Gardens 01273 622519 Continental 5 Harry Ramsdens Marine Parade 01273 690691 Fish and Chips 7 Hotel du Vin Bar & Bistro Ship Street 01273 718588 European 6 House East Street 01273 321111 Bistro 5 Indian Summer East Street 01273 711001 Indian 5 22:00 Jamie’s Italian Black Lion Street 01273 915480 Italian 6 22:00 JB’s Diner Kings Road 01273 771776 American 6 Kooks Gardner Street 01273 673045 Bistro 4 La Choza Gloucester Road 01273 945926 Mexican 7 Las Iguanas Jubilee Street 01273 573550 Mexican 3 22:00 Moshimo Bartholomew Square 01273 719195 Japanese 6 22:30 No 32 Dukes Street 01273 773388 Fish & Grill 6 North Laine Brewhouse Gloucester Place 01273 683666 Pub 5 Northern Lights Little East Street 01273 747096 Scandinavian 6 Palm Court Brighton Pier 01273 609361 Fish and Chips 8 Pho Black Lion Street 01273 202403 Vietnamese 6 Piccolo Union Street 01273 203701 Italian 6 Pinocchio’s New Road 01273 677676 Italian 2 Pizza Express Jubilee Street 01273 697691 Italian 3 Plateau Bartholomews 01273 733085 French 6 Riddles & Finns Meeting House Lane 01273 323008 Seafood 5 Street Thai Brighton Square 01273 207444 Thai 5 Terre a Terre East Street 01273 729051 Vegetarian 5 The Black Horse Church Street 01273 606864 Pub 1 The Coal Shed Boyces Street 01273 322998 Steak & Seafood 9 The Courtyard New Road 01273 819600 Steak & Seafood 2 The Cricketers Black Lion Street 01273 329472 Pub 6 The Restaurant at Drakes Marine Parade 01273 696934 Fine Dining 11 The Salt Room Kings Road 01273 929488 Fine Dining 14 22:30 23:00 22:00 22:00 25 2016 2016 social events Reception and Gala Dinner at The Grand Hotel, Brighton Tuesday 22 March from 19:30 (dinner 20:15) Delegates who are registered for the full conference, or who purchased Dinner tickets with a day registration, are invited to this Reception and Gala Dinner at the Grand Hotel in Brighton. The Drinks reception will be in the Albert Room, the original ballroom of the hotel, followed by a banquet dinner in the hotel’s Empress Suite. Please bring your Dinner Ticket for entry to this Reception and Gala Dinner. The Grand Brighton is an iconic Victorian hotel standing centre stage on Brighton’s famous seafront. Grand in both its size and appearance, this magnificent hotel is the epitome of luxury and is enriched in British history. Designed and built in 1864 this historic hotel is a true example of Italian influence in Victorian architecture. A number of coaches will be available to transport delegates to Gala Dinner from the Conference venue after the close of sessions at 18:45. The Conference assistants will direct you to the coaches, which will be located centrally between the Jubilee and Fulton buildings. For those making their own way to the Gala Dinner, the Grand Hotel is at 97-99 King’s Road, Brighton, BN1 2FW. From Brighton station walk down Queens road (and its continuation West street) in the direction of the beach, and then turn right on the seafront. If coming by bus from any point in the city centre go to the Clock tower, walk down West street until you reach the seafront, and then turn right on the seafront. The Grand Hotel is situated by the seafront, between Brighton Centre and the Hilton hotel. 26 best of brighton Credit VisitBrighton (Adam Bronkhorst) Brighton & Hove, one of Britain’s liveliest cities, has a bohemian, artistic and eccentric atmosphere, combining the modern with the traditional. The city has a heritage rooted in the Regency era and is brought up to date with a unique cultural offer. There’s elegant Regency architecture, museums and galleries, great shopping, stylish cafés, bars and restaurants, glittering nightlife, arts and theatre and all the fun of the seaside. Conference delegates can visit the Royal Pavilion, King George IV’s seaside fantasy palace, during the drinks reception at Brighton Museum and Art Gallery on Monday 21 March. There’s all the fun of the fair on Brighton Pier with its whirling Waltzers, fish & chips and candy floss. Stroll along the beachfront with its lively cafés , bars and pubs, Artists’ and Fishing Quarters, beach volleyball court, and sculptures framing the sea views. Sea Life Brighton is one of the world’s oldest operating aquarium, complete with Victorian arcade. The city is made for walking, so explore the narrow alleys of the 17th century Lanes a maze of smart shops selling antiques, jewellery and designer clothes, and the bohemian North Laine, full of unusual and eccentric shops selling everything from bonsai trees and bongos to oriental silks and far eastern furniture. Find all your favourite high street names under one roof at the award-winning Churchill Square shopping mall or discover the designer discount outlets at Brighton Marina. Credit VisitBrighton (Adam Bronkhorst) The arts play a major part in city life. There is everything from contemporary dance to comedy, operas to exhibitions and circuses to street theatre. See pre and post-West End shows at the Theatre Royal, fringe at Komedia and classical concerts at the Brighton Dome. Discover Brighton’s origins at the Fishing Museum and its development at the 1820’s Regency Town House, while a visit to Preston Manor gives a glimpse into the life of a prosperous Edwardian family and their servants. A stone’s throw from campus, have a stroll in Stanmer park and stop for some refreshment at Stanmer House. The University of Sussex is perfectly situated in the Sussex Downs National Park, ideal for country walks. Devil’s Dyke offers stunning panoramas, a record breaking valley, and one of England’s most colourful habitat. Under 10 minutes train journey from Falmer, you will find the picturesque town of Lewes, with the historic Lewes castle and quirky antique shops. Brighton & Hove and the surrounding area have something for everyone to enjoy! Your local map and delegate discounts are courtesy of Visit Brighton. 27 2016 Frontiers of Economics in China Call for Papers Frontiers of Economics in China (FEC) is an economics journal edited at Shanghai University of Finance and Economics (SUFE) and published by Higher Education Press of China. Issued quarterly and distributed worldwide, the journal is available both online and in hard-copy. FEC welcomes submissions of theoretical and empirical papers from all fields of economics, particularly those with an emphasis on the Chinese economy or other transition economies. Editor: Guoqiang Tian Texas A&M University; SUFE Executive Editor: Zhiqi Chen Carleton University Co-Editors: Chunrong Ai University of Florida Kevin X. D. Huang Vanderbilt University Neng Wang Columbia University James Wen Trinity College, USA Selected Papers Published in 2015 Governance Reforms and Growth: Some Ideas from Economic Theory China Is Not yet Number One Productivity Shocks and Monetary Policy in a Two-Country Model Hot Money Flows, Cycles in Primary Commodity Prices, and Financial Control in Developing Countries Learning and Efficiency with Search Frictions Avinash Dixit Jeffrey Frankel Tae-Seok Jang, Eiji Okano Ronald McKinnon Xi Weng Public Housing, School Segregation, and Children’s Education: Evidence from Hong Kong Junjian Yi, Kee Lee Chou, Linda Yung, Junsen Zhang Full-Text Free Download: http://journal.hep.com.cn/fec Online Submission: http://mc.manuscriptcentral.com/fec Editorial Office: Institute for Advanced Research, Shanghai University of Finance and Economics, China Tel: +86-21-6590 2681 Email: [email protected] Website: http://iar.shufe.edu.cn/structure/iar/fec exhibitors and publisher events 2016 EXHIBITORS AT THE CONFERENCE The Economics Network www.economicsnetwork.ac.uk Harvard University Press www.hup.harvard.edu/ Institute for Fiscal Studies http://www.ifs.org.uk/ Institute for Economic Affairs http://www.iea.org.uk/ John Wiley & Sons www.wiley.com The MIT Press https://mitpress.mit.edu oTree www.otree.org/ Oxford University Press www.oup.com Palgrave Macmillan www.palgrave.com Princeton University Press www.press.princeton.edu Pro Bono Economics www.probonoeconomics.com Royal Economic Society www.res.org.uk/ Taylor & Francis Group www.tandfonline.com Timberlake Consultants www.timberlake.co.uk PUBLISHER EVENTS BOOK SIGNING Alan B. Krueger (Princeton) Monday 21 March, 12:00 – 12:30 Location: Jubilee Social Space Join Alan B. Krueger at the Princeton University Press stand for a signing of the twentiethanniversary edition of Myth and Measurement: The New Economics of the Minimum Wage (David Card & Alan B. Krueger). With a new preface discussing new data, Myth and Measurement continues to shift the terms of the debate on the minimum wage. The book will be available to purchase at the special price of £15. WILEY WORKSHOP Tuesday 22 March, 14:45 – 15:45 Increasing the Visibility of Your Article Location: Jubilee 155 Participants: 1. Wiley Editorial & Marketing 2. Romesh Vaitilingam, RES Media Consultant 3. Catherine Waite, Publishing Editor, The Economic Journal Join us to learn practical techniques that can increase the visibility of your article after it has been published. We will discuss how to better promote your article through social media, author profiles, and post-publication activities to increase visibility, usage, and citations. Tea, coffee, and biscuits will be provided. 31 2016 meetings and awards MEETINGS EJ Editors Meeting Monday 21 March Time: 10:00 – 12:00 (refreshments provided) Location: Jubilee 115 CHUDE Time: 10:30 – 13:00 (refreshments and lunch provided) Monday 21 March Location: Jubilee 155 RES Women’s Committee MeetingTime: 14:30 – 16:30 (refreshments provided) Monday 21 March Location: Jubilee 115 RES Conference Committee MeetingTime: 09:00 – 10:30 Tuesday 22 March Location: Jubilee 115 Annual General Meeting of the RES Tuesday 22 March Time: 12:30 – 13:30 (lunch provided) Location: Jubilee 144 RES Digital Roadmap MeetingTime: 11:00 – 12:30 Location: Jubilee 115 Wednesday 23 March AWARDS Royal Economic Society Prize Time: Monday 21 March, 13:00 Economic Journal Lecture Location: Jubilee Lecture Theatre Austin Robinson PrizeTime: Tuesday 22 March, 13:30 Location: Jubilee Lecture Theatre Hahn Lecture Denis Sargan PrizeTime: Wednesday 23 March, 13:30 Sargan Lecture Location: Jubilee Lecture Theatre 34 2016 keynote lectures m o n d ay ECONOMIC JOURNAL LECTURE Monday 13:00 – 14:15 Esther Duflo (MIT)Location: Jubilee Lecture Theatre RANDOMIZED EVALUATION AS A GUIDE TO POLICY: PROGRESS AND CHALLENGES Chair: Rachel Griffith, University of Manchester and IFS Professor Esther Duflo’s first degrees were in history and economics from Ecole Normale Superieure, Paris. She subsequently received a Ph.D. in Economics from MIT in 1999. pm 21 m a r c h Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). In her research, she seeks to understand the economic lives of the poor, with the aim to help design and evaluate social policies. She has worked on health, education, financial inclusion, environment and governance. Duflo has received numerous academic honours and prizes including the Princess of Asturias Award for Social Sciences (2015), the A.SK Social Science Award (2015), Infosys Prize (2014), the David N. Kershaw Award (2011), a John Bates Clark Medal (2010), and a MacArthur “Genius Grant” Fellowship (2009). With Abhijit Banerjee, she wrote Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, which won the Financial Times and Goldman Sachs Business Book of the Year Award in 2011 and has been translated into 17 languages. am t u e s d ay Duflo is a also a member of the President’s Global Development Council and a Founding Editor of the American Economic Journal: Applied Economics. Current Account Deficits during Heightened Risk: Menacing or Mitigating? Chair: Charles Bean, RES and LSE am w e d n e s d ay Professor Kristin Forbes joined the Monetary Policy Committee of the Bank of England in July of 2014. She is also the Jerome and Dorothy Lemelson Professor of Management and Global Economics at the Sloan School of Management at the Massachusetts Institute of Technology. This continues Professor Forbes tradition of serving in senior policy positions while maintaining her academic affiliation with MIT. She served as a Deputy Assistant Secretary in the U.S. Treasury Department from 2001-2002, as a Member of the White House’s Council of Economic Advisers from 2003-2005, and a Member of the Governor’s Council of Economic Advisers for Massachusetts from 2009-2014. pm 22 m a r c h HAHN LECTURE Tuesday 13:30 – 14:45 Kristin Forbes (External Member, Location: Jubilee Lecture Theatre Monetary Policy Committee and MIT-Sloan School of Management pm 2 3 MARCH Professor Forbes academic research addresses policy-related questions in international macroeconomics, including topics such as capital flows, contagion, and financial crises. Forbes was named a “Young Global Leader” as part of the World Economic Forum at Davos. She is a research associate at the NBER and a member of the Bellagio Group and Council on Foreign Relations. She was previously on the academic advisory board of the Congressional Budget Office, Peterson Institute for International Economics, and Center for Global Development. Before joining MIT, Forbes worked at the World Bank and Morgan Stanley. She received a PhD in Economics from MIT and her BA, summa cum laude with highest honours from Williams College. 38 keynote lectures 2016 SARGAN LECTURE Wednesday 13:30 – 14:45 Susanne Schennach (Brown University) Location: Jubilee Lecture Theatre Chair: Richard Blundell, UCL and IFS Professor Schennach is a Fellow of the Econometric Society, and was a co-winner of the 2014 Frisch Medal of the Econometric Society. She is especially well known for her work on measurement error. 2 1 MARCH Susanne Schennach is currently a Professor of Economics at Brown University, and is an International Fellow at cemmap. Before joining Brown University, she was a Professor in the Economics Department at the University of Chicago. She obtained her PhD from the Massachusetts Institute of Technology in 2000. m o n d ay Learning from Errors Note t u e s d ay In light of the large scale of the 2016 RES Conference, there will be a live feed of the Keynote Lectures in Jubilee 144. 22 m a r c h w e d n e s d ay 23 m a r c h 39 2016 plenary sessions Conference Welcome by John Hardman Moore, RES President, University of Edinburgh and LSE m o n d ay Plenary Session: Minimum Wages Chair: David Norgrove, UK Low Pay Commission Monday 10:30 to 12:00 Location: Jubilee Lecture Theatre Presented by: Alan. B. Krueger., Princeton University pm 21 m a r c h Discussants: 1 Richard Blundell, University College London and Institute of Fiscal Studies 2 Arindrajit Dube, University of Massachusetts Amherst 3 Stephen Machin, University College London Minimum wages have never been so popular. More than 100 countries worldwide now have a statutory minimum wage and politicians across the UK, the US and other OECD countries are implementing substantial increases in minimum wage levels. On 1 April, the UK Chancellor’s ‘National Living Wage’ will come into force and is set to increase to 60% of median earnings by 2020. Yet two decades ago, the common view was that minimum wages do more harm than good. In this session, Princeton economist and former US presidential adviser Alan Krueger will take us through the past 30 years of minimum wage research to understand how academic and political views have shifted. We will hear responses from Richard Blundell, Arindrajit Dube and Stephen Machin on recent increases in the US and the UK and the issue of how minimum wages interact with in-work benefits. am t u e s d ay Plenary Session: Brexit? Chair: Soumaya Keynes, The Economist Tuesday 11:00 to 12:30 Location: Jubilee Lecture Theatre pm 22 m a r c h Panel: 1 Richard Baldwin, Graduate institute of International and Development Studies 2 Swati Dhingra, London School of Economics 3 Enrico Spolaore, Tufts University 4 John Van Reenen, London School of Economics On 23 June, the British public will vote on whether the UK should remain a member of the European Union. This session brings together expert economists from the UK, Europe and the US to debate the potential costs and benefits of Britain leaving the EU - so-called ‘Brexit’. The panelists will discuss the implications for the macroeconomy, monetary and fiscal policy, labour markets, migration and trade flows under a range of potential scenarios both inside and outside the EU. Note In light of the large scale of the 2016 RES Conference, there will be a live feed of the Plenary Sessions in Jubilee 144. am w e d n e s d ay pm 2 3 MARCH 40 special sessions 2 1 MARCH GOSSIP: IDENTIFYING CENTRAL INDIVIDUALS IN A SOCIAL NETWORK By Abhijit Banerjee; MIT, Arun Chandrasekhar; Stanford University, Esther Duflo; MIT, Matthew Jackson; Stanford University Presented by: Esther Duflo, MIT 2016 m o n d ay Session A1: EJ Special Session 1: Networks and Development Session Organiser and Chair: Time: 16:45 to 18:15 Andrea Galeotti, European University Institute Location: Jubilee Lecture Theatre Interfirm Relationships and Business Performance By Jing Cai; University of Michigan, Adam Szeidl; Central European University Presented by: Jing Cai, University of Michigan SOCIAL INVESTMENTS, INFORMAL RISK SHARING, AND INEQUALITY By Attila Ambrus; Duke University, Abhijit Banerjee; MIT, Matthew Elliott; University of Cambridge Presented by: Matthew Elliott, University of Cambridge Session A2: Bank of England Special Session: The redistributive effects of monetary policy Session Organiser: Mette Nielsen, Bank of England Time: 16:45 to 18:15 Session Chair: James Cloyne, Bank of England Location: Fulton A Lecture Theatre t u e s d ay The transmission of monetary policy through redistributions and durable purchases By Vincent Sterk; University College London, Silvana Tenreyro; London School of Economics Presented by: Silvana Tenreyro, London School of Economics 22 m a r c h The consumption response to positive and negative income changes By Philip Bunn; Bank of England, Jeanne Le Roux; Bank of England, Kate Reinold; Bank of England, Paolo Surico; London Business School Presented by: Kate Reinold, Bank of England Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism By James Cloyne; Bank of England, Clodomiro Ferreira; London Business School, Paolo Surico; London Business School Presented by: James Cloyne, Bank of England Session A3: Understanding Firm HeterogeneityTime: 16:45 to 18:15 Session Organiser and Chair: Gino Gancia, CREI Location: Fulton B Lecture Theatre Technology, Demand, and the Size Distribution of Firms By Monika Mrazova; University of Geneva, Peter Neary; University of Oxford, Mathieu Parenti; CORE - IRES, Universite Catholique de Louvain Presented by: Peter Neary, University of Oxford 23 m a r c h Betting on Export: Trade and Endogenous Heterogeneity By Alessandra Bonfiglioli; Universitat Pompeu Fabra, Rosario Crinò; University of Brescia Gino Gancia; CREI Presented by: Alessandra Bonfiglioli, Universitat Pompeu Fabra w e d n e s d ay From micro to macro: Demand and supply-side determinants of the trade elasticity By Maria Bas; University of Paris, Thierry Mayer; Sciences Po, Mathias Thoenig; University of Lausanne Presented by: Maria Bas, University of Paris 41 2016 special sessions m o n d ay Session A4: Discrete Choice Modeling: Applications to Healthcare Session Organiser: Elaine Kelly, Institute for Fiscal Studies Session Chair: Marcos Vera-Hernández, University College London and Institute for Fiscal Studies Time: 16:45 to 18:15 Location: Fulton 104 Divided by Choice? Private Providers, Patient Choice and Hospital Sorting in the pm 21 m a r c h Betting on Your Health: How Uncertainty Affects Physician Choice By Jonathan Kolstad; University of California, Berkeley, Ashley Swanson; University of Pennsylvania Presented by: Ashley Swanson, University of Pennsylvania English National Health Service By Walter Beckert; Birkbeck College, University of London, Elaine Kelly; Institute for Fiscal Studies Presented by: Elaine Kelly, Institute for Fiscal Studies Free to Choose? Reform and Demand Response in the English National Health Service By Martin Gaynor; Carnegie Mellon University, Carol Propper; Imperial College Business School Stephan Seiler; Stanford GSB Presented by: Carol Propper, Imperial College Business School am t u e s d ay Quality, accessibility and the demand for health care in Nigeria By Elisa Cavatorta; King’s College London and Institute for Fiscal Studies, Wendy Janssens; VU University Amsterdam, Alice Mesnard; City University London Presented by: Elisa Cavatorta, King’s College London and Institute for Fiscal Studies Industry Dynamics and the Minimum Wage: A Putty-Clay Approach By Daniel Aaronson; Federal Reserve Bank of Chicago, Eric French; University College London Isaac Sorkin; Federal Reserve Bank of Chicago and University of Michigan Presented by: Eric French, University College London pm 22 m a r c h Session A5: The Minimum Wage, a “Fiscal Studies” Special Session Session Organisers: Eric French, University College London, and Attila Lindner, University College London Time: 16:45 to 18:15 Session Chair: Stephen Machin, University College London Location: Jubilee 144 Who Pays for the Minimum Wage? By Péter Harasztosi; Magyar Nemzeti Bank, Attila Lindner; University College London Presented by: Attila Lindner, University College London Credible Research Designs for Minimum Wage Studies: A Response to Neumark, Salas and Wascher By Sylvia Allegretto; IRLE UC Berkeley, Arindrajit Dube; University of Massachusetts Amherst, Michael Reich, Ben Zipperer; Washington Center for Equitable Growth Presented by: Arindrajit Dube, University of Massachusetts Amherst am w e d n e s d ay Using Federal Minimum Wages to Identify the Impact of Minimum Wages on Employment and Earnings across the U.S. States By Yusuf Baskaya; Central Bank of Turkey, Yona Rubinstein; London School of Economics Presented by: Yona Rubinstein; London School of Economics pm 2 3 MARCH 42 special sessions Do-gooders and go-getters: career incentives, selection, and performance in Pay for locally monitored performance? A welfare analysis for teacher attendance in Ugandan primary schools By Jacobus Cilliers; Georgetown University, Ibrahim Kasirye; Economic Policy Research Centre, Uganda, Clare Leaver; University of Oxford, Pieter Serneels; University of East Anglia Andrew Zeitlin; Georgetown University Presented by: Clare Leaver, University of Oxford 2 1 MARCH public service delivery By Nava Ashraf; Harvard Business School and London School of Economics, Oriana Bandiera; London School of Economics, Scott Lee; Harvard Business School Presented by: Nava Ashraf, Harvard Business School and London School of Economics 2016 m o n d ay Session B1: Public service delivery in developing countries Session Organiser and Chair: Marcos Vera-Hernández, University College London Time: 17:15 to 18:45 and Institute for Fiscal Studies Location: Jubilee Lecture Theatre Long Run Effects of Temporary Incentives on Medical Care Productivity By Pablo Celhay; University of Chicago, Paul Gertler; University of California Berkeley Paula Giovagnoli; The World Bank, Christel Vermeersch; The World Bank Presented by: Paul Gertler, University of California Berkeley Evidence from a Large Scale Experiment in Nigeria By Marcus Holmlund; The World Bank, Pedro Rosa Dias; Imperial College Business School Marcos Vera-Hernández; University College London and Institute for Fiscal Studies Presented by: Pedro Rosa Dias, Imperial College Business School Domestic and Cross-Border Auction Cycle Effects of Sovereign Bond Issuance in the Euro Area By Roel Beetsma; University of Amsterdam Presented by: Roel Beetsma, University of Amsterdam 22 m a r c h Session B2: Centre for Macroeconomics and ADEMU Special Session: Sovereign Debt and Austerity Session Organiser and Chair: Time: 17:15 to 18:45 Morten Ravn, University College London Location: Fulton A Lecture Theatre t u e s d ay Monetary and Non-monetary Incentives for Health Workers Retention: Debt Sustainability with IMF vs. EFSF-ESM Bailout Packages By Giancarlo Corsetti; University of Cambridge Presented by: Giancarlo Corsetti, University of Cambridge w e d n e s d ay Optimal Fiscal Policy and Sovereign Debt Crises By Stefan Niemann; University of Essex Presented by: Stefan Niemann, University of Essex Time Consistent Optimal Fiscal Policy in a Debt Crisis By Morten Ravn; University College London Presented by: Morten Ravn, University College London 23 m a r c h 43 2016 special sessions m o n d ay Session B3: Economics of Crime Session Organiser and Chair: Giovanni Mastrobuoni, University of Essex Time: 17:15 to 18:45 Location: Fulton B Lecture Theatre Cybercrime and Moral Hazard: Evidence From the Dark Net By Stephen Machin; University College London Presented by: Stephen Machin, University College London pm 21 m a r c h Criminal Discount Factors and Deterrence By Giovanni Mastrobuoni; University of Essex, David Rivers; University of Western Ontario Presented by: David Rivers, University of Western Ontario The Effect of Police Response Time on Crime Detection By Jordi Blanes i Vidal; London School of Economics Presented by: Jordi Blanes i Vidal, London School of Economics Breaking the Crystal Meth Economy: The Effects of OTC Restrictions on Drug-Related Crime in the US By Rocco d’Este; Warwick University Presented by: Rocco d’Este, University of Warwick am t u e s d ay Session B4: Applications of Machine Learning to Text Analysis Session Organiser and Chair: Mirko Draca, University of Warwick Time: 17:15 to 18:45 Session Discussant: Michael McMahon, University of Warwick Location: Fulton 104 CEO Behavior and Firm Performance By Stephen Hansen; Universitat Pompeu Fabra Presented by: Stephen Hansen, Universitat Pompeu Fabra pm 22 m a r c h Social Insurance and Conflict: Evidence from India By Thiemo Fetzer; University of Warwick Presented by: Thiemo Fetzer, University of Warwick On Target? The Incidence of Sanctions Across Listed Firms in Iran By Mirko Draca; University of Warwick Presented by: Mirko Draca, University of Warwick Session B5: Place-Based Policies Session Organiser: Henry Overman, London School of Economics Time: 17:15 to 18:45 Session Chair: Helen Simpson, University of Bristol Location: Jubilee 144 am w e d n e s d ay The Impact of Public Employment: Evidence from Bonn By Sascha O. Becker; University of Warwick Presented by: Sascha O. Becker, University of Warwick The Persistent Effects of Place-Based Policy: Evidence from the West-German Zonenrandgebiet By Maximilian von Ehrlich; University of Bern Presented by: Maximilian von Ehrlich, University of Bern The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence pm 2 3 MARCH from UK LEGI By Henry Overman; London School of Economics Presented by: Henry Overman, London School of Economics 44 special Time: 15:15 to 16:45 Location: Jubilee Lecture Theatre The Openness-Equality Trade-Off in Global Redistribution By Glen Weyl; Microsoft Corporation Presented by: Glen Weyl, Microsoft Corporation 2016 2 1 MARCH Global inequality of opportunity: how much of our income is determined by where we live? By Branko Milanovic; City University of New York Graduate Center Presented by: Branko Milanovic, City University of New York Graduate Center Monopsony power in migrant labor markets: evidence from the United Arab Emirates By Suresh Naidu; Columbia University, Yaw Nyarko; NYU, Shing-Yi Wang; University of Pennsylvania Presented by: Suresh Naidu, Columbia University Session C2: Earnings, Consumption and Wealth Session Organiser and Chair: Giulio Fella, Queen Mary, University of London m o n d ay Session C1: EJ Special Session 2: Ethics and Welfare Session Organiser and Chair: Frederic Vermeulen, University of Leuven sessions Time: 15:15 to 16:45 Location: Fulton A Lecture Theatre t u e s d ay Earnings and consumption dynamics: a nonlinear panel data framework By Manuel Arellano; CEMFI, Richard Blundell; University College London Stephane Bonhomme; University of Chicago Presented by: Richard Blundell, University College London 22 m a r c h Non-linear dynamics in life cycle earnings and wealth inequality By Mariacristina De Nardi; University College London, Federal Reserve Bank of Chicago, Giulio Fella; Queen Mary, University of London, Gonzalo Paz Pardo; University College London Presented by: Giulio Fella, Queen Mary, University of London 2013 update of the U.S. Earnings, Income, and Wealth Distributional Facts: A View from Macroeconomics By Moritz Kuhn; University of Bonn, Jose-Victor Rios-Rull; University of Minnesota Presented by: Moritz Kuhn, University of Bonn Private Pensions and Public Pension Design By Cormac O’Dea; Institute for Fiscal Studies Presented by: Cormac O’Dea, Institute for Fiscal Studies w e d n e s d ay 23 m a r c h 45 2016 special sessions m o n d ay Session C3: The Economic Impact of Universities Session Organiser: Anna Valero; London School of Economics Session Chair: Jonathan Haskel, Time: 15:15 to 16:45 Imperial College Business School Location: Fulton B Lecture Theatre pm 21 m a r c h The Economic Impact of Universities: Evidence from around the Globe By Anna Valero; London School of Economics, John Van Reenen; London School of Economics Presented by: Anna Valero, London School of Economics Managerial Skills and Management Quality in Healthcare By Nicholas Bloom; Stanford University, Renata Lemos; London School of Economics, Raffaella Sadun; Harvard Business School, John Van Reenen; London School of Economics Presented by: Renata Lemos, London School of Economics Reformation and Reallocation: Human Capital, Employment, and Economic Growth in the German Lands By Davide Cantoni; Munich, Jeremiah Dittmar; London School of Economics Noam Yuchtman; UC Berkeley Presented by: Jeremiah Dittmar, London School of Economics Rate of Return to Public Investment in Science By Jonathan Haskel; Imperial College Business School Presented by: Jonathan Haskel, Imperial College Business School am t u e s d ay Session C4: Econometrics Journal Special Session: Model Selection and Inference Session Organiser and Chair: Richard Smith, University of Cambridge Time: 15:15 to 16:45 Location: Jubilee 144 pm 22 m a r c h Model Selection and Post-Model Selection Inference in Economic Applications By Christian Hansen; University of Chicago Presented by: Christian Hansen, University of Chicago Shrinkage Estimation in Vector Autoregressions By Bruce Hansen; University of Wisconsin Presented by: Bruce Hansen, University of Wisconsin Session C5: RES Junior Fellows Session Organiser and Chair: Richard Dickens, University of Sussex Time: 15:15 to 16:45 Location: Fulton 104 Family Size and the Demand for Sex Selection: Evidence From China By Sam Marden; University of Sussex Presented by: Sam Marden, University of Sussex am w e d n e s d ay Wages, the Gender Wage Gap, and Family Time Use By Alexandros Theloudis; University College London Presented by: Alexandros Theloudis, University College London Identification of Spillover Effects & Networks using Panel Data By Christiern Rose; Toulouse School of Economics Presented by: Christiern Rose, Toulouse School of Economics pm 2 3 MARCH Inferring School Quality from Rankings: The Impact of School Choice By Claudia Herresthal; University of Oxford Presented by: Claudia Herresthal, University of Oxford 46 special sessions 2 1 MARCH Participants: 1. Karen Mumford, University of York 2. Sarah Brown, Low Pay Commission and University of Sheffield 3. Carol Propper, Imperial College London 4. Amanda Rowlatt, Department for Transport 2016 m o n d ay WOMEN’S COMMITTEE SPECIAL SESSION: (WITH LUNCH) ROUNDTABLE ON HAVING AN IMPACT Wednesday 23 March Session Organiser and Chair: Time: 12:30 – 13:30 Karen Mumford, University of York Location: Fulton A Lecture Theatre t u e s d ay The Royal Economic Society Women’s Committee Women’s Committee Special Session 22 m a r c h “Roundtable - On Having an Impact” Wednesday 23 March 12.30-13.30 (with lunch) Fulton A Lecture Theatre Participants: Karen Mumford (Chair, Women’s Committee and University of York) w e d n e s d ay Sarah Brown (Low Pay Commission, University of Sheffield) Carol Propper (Imperial College London) Amanda Rowlatt (Department for Transport) 23 m a r c h Senior women members of the UK Economics profession will provide advice and tips on some of the different routes to impact. All are welcome to attend; lunch will be provided in the room for attendees. 47 48 General Sessions 1 General Sessions 2 March 21 2016, 14:45 – 16:15 summary March 22 2016, 09:00 – 10:30 2016 of general sessions Session number Title Location 2 Development Economics: Credit Markets and Insurance 1 Fulton 106 3 Development Economics: Growth and Development 1 Fulton 107 4 Development Economics: Political Economy Fulton 109 5 Labour Economics: Demography and Gender 1 Fulton 110 6 Labour Economics: Migration 1 Fulton 111 7 Labour Economics: Returns to Education 1 Fulton 112 8 Public Economics: Economics of Education 1 Fulton 103 9 Public Economics: Environmental and Natural Resource Economics 1 Fulton 102 10 Public Economics: Taxation 1 Fulton 101 11 Empirical Studies: Consumption and Household Behaviour Fulton 113 12 Experimental and Behavioural Economics: Applied Behavioural Models Fulton 114 13 International Economics: Exchange Rates Fulton 205 14 International Economics: Gravity and Heterogeneous Firm Models Fulton 204 15 International Economics: Monetary Policy Fulton 203 16 Finance: Asset Pricing Fulton 206 17 Finance: Behavioural Finance Fulton 207 18 Industrial Organisation: Empirical Studies 1 Fulton 202 19 Industrial Organisation: Theory 1 Fulton 201 20 Political Economics: Voting and Elections 1 Fulton 211 21 Labour Markets Fulton 210 22 Macroeconomics: Business Cycles 1 Fulton 208 23 Macroeconomics: Income Distribution and Inequality Fulton 209 24 Econometrics: Networks and Peer Effects Fulton 214 25 Economic Theory: Auctions Fulton 212 26 Economic Theory: Other Fulton 213 32 Development Economics: Credit Markets and Insurance 2 Fulton 106 33 Development Economics: Gender 1 Fulton 109 34 Development Economics: Growth and Development 2 Fulton 107 35 Labour Economics: Demography and Gender 2 Fulton 110 36 Labour Economics: Migration 2 Fulton 111 37 Labour Economics: Health and Disability Fulton 112 38 Public Economics: Environmental and Natural Resource Economics 2 Fulton 102 39 Public Economics: Health 1 Fulton 101 40 Public Economics: Public Goods Fulton 103 41 Experimental and Behavioural Economics: Bounded Rationality Individual Choice 1 Fulton 114 42 International Economics: Trade Liberalisation Fulton 204 43 International Economics: Sovereign Debt Fulton 205 44 Finance: Banking 1 Fulton 206 45 Finance: Corporate Finance 1 Fulton 207 46 Industrial Organisation: Innovation Fulton 202 47 Industrial Organisation: Theory 2 Fulton 201 48 Political Economics: Institutions 1 Fulton 211 49 Macroeconomics: Financial Regulation Fulton 210 50 Macroeconomics: Business Cycles 2 Fulton 208 51 Macroeconomics: Growth Fulton 203 52 Macroeconomics and Economic History Fulton 209 53 Econometrics: Quantile Regression Fulton 213 54 Econometrics: Time Series Fulton 214 55 Economic Theory: Bounded Rationality Fulton 212 General Sessions 3 General Sessions 4 March 22 2016, 15:15 – 16:45 summary March 23 2016, 09:00 – 10:30 of general sessions Session number Title Location 57 Development Economics: Health Fulton 109 58 Development Economics: Growth and Development 3 Fulton 107 59 Development Economics: Economic History Fulton 106 60 Labour Economics: Demography and Gender 3 Fulton 110 61 Labour Economics: Wellbeing Fulton 112 62 Labour Economics: Wages Fulton 111 63 Public Economics: Economics of Education 2 Fulton 103 64 Public Economics: Environmental and Natural Resource Economics 3 Fulton 102 65 Public Economics: Health 2 Fulton 101 66 Public Economics: Pensions and Savings Fulton 104 67 Empirical Studies: Social Interactions Fulton 113 68 Experimental and Behavioural Economics: Bounded Rationality Individual Choice 2 Fulton 114 69 International Economics: Multinationals and Vertical Linkages Fulton 205 70 International Economics: Trade Policy Fulton 203 71 International Economics: Open Economy Macroeconomics 1 Fulton 204 72 Finance: Banking 2 Fulton 206 73 Finance: Corporate Finance 2 Fulton 207 74 Industrial Organisation: Other 1 Fulton 202 75 Political Economics: Institutions and Government Spending Fulton 211 76 Macroeconomics: Business Cycles 3 Fulton 208 77 Macroeconomics: Fiscal Policy 1 Fulton 210 78 Macroeconomics: Banks Fulton 209 79 Econometrics: Forecasting Fulton 214 80 Economic Theory: Incomplete Information Games Fulton 201 81 Economic Theory: Mechanism Design Fulton 212 82 Exchange Rates, Exports, and Economic Growth Fulton 213 88 Development Economics: Field Experiments Fulton 107 89 Development Economics: Conflict Fulton 106 90 Development Economics: Microeconomic Issues 1 Fulton 109 91 Labour Economics: Demography and Gender 4 Fulton 110 92 Labour Economics: Demography and Gender 5 Fulton 111 93 Labour Economics: Productivity and Labour Supply Fulton 112 94 Public Economics: Economics of Education 3 Fulton 103 95 Public Economics: Environmental and Natural Resource Economics 4 Fulton 102 96 Public Economics: Health 3 Fulton 101 97 Public Economics: Taxation 2 Fulton 113 98 Empirical Studies: Wellbeing Fulton 213 99 Experimental and Behavioural Economics: Experiments - Games Fulton 114 100 International Economics: Foreign Direct Investment Fulton 204 101 International Economics: Emerging Markets Fulton 205 102 Finance: Banking 3 Fulton 206 103 Finance: Corporate Finance 3 Fulton 207 104 Finance: Other Fulton 208 105 Industrial Organisation: Other 2 Fulton 202 106 Political Economics: Voting and Elections 2 Fulton 212 107 Macroeconomics: Credit Constraints Fulton 211 108 Macroeconomics: Fiscal Policy 2 Fulton 210 109 Macroeconomics: Monetary Policy 1 Fulton 209 110 Economic History Fulton 203 111 Econometrics: Treatment Effects Fulton 214 112 Economic Theory: Evolution and Learning Fulton 201 49 2016 General Sessions 5 summary March 23 2016, 11:00 – 12:30 2016 of general sessions Session number Title Location 113 Development Economics: Gender 2 Fulton 106 114 Development Economics: Microeconomic Issues 2 Fulton 107 115 Labour Economics: Demography and Gender 6 Fulton 110 116 Labour Economics: Income Distribution and Inequality Fulton 109 117 Labour Economics: Migration 3 Fulton 111 118 Labour Economics: Returns to Education 2 Fulton 112 119 Public Economics: Health 4 Fulton 101 120 Public Economics: Taxation 3 Fulton 102 121 Public Economics: Income Distribution and Poverty Fulton 103 122 Empirical Studies: Housing Fulton 113 123 Experimental and Behavioural Economics: Behavioural Game Theory Fulton 114 124 International Economics: Firm-Level Exports and Imports Fulton 205 125 International Economics: Open Economy Macroeconomics 2 Fulton 204 126 Finance: Empirical Finance Fulton 206 127 Finance: Market Micro Structure Fulton 207 128 Industrial Organisation: Empirical Studies 2 Fulton 202 129 Political Economics: Institutions 2 Fulton 211 130 Political Economics: Voter Preferences and Attitudes Fulton 212 131 Macroeconomics: Fiscal Policy 3 Fulton 210 132 Macroeconomics: Monetary Policy 2 Fulton 209 133 Macroeconomics: General Equilibrium Models Fulton 208 134 Law and Economics Fulton 203 135 Econometrics: Semi- and Non-Parametric Models Fulton 214 136 Econometrics: Bayesian Inference Fulton 213 137 Economic Theory: Information and Uncertainty Fulton 201 Filming Disclaimer The Royal Economic Society will be filming large parts of the Conference for wider dissemination, as in previous years. It is presumed that those attending the RES Conference have no objection to being included in footage of the Conference. Any attendee who explicitly wishes not to be included in any broadcast film should approach the RES organisers during the Conference. We will then seek to edit film footage accordingly. 50 general sessions m o n d ay 1 2016 14.45 – 16.15 Session 2: Development Economics: Credit Markets and Insurance 1Time: 14:45 to 16:15 Income Guarantees and Borrowing in Risky Environments. Evidence from India’s Rural Employment Guarantee Scheme By Clive Bell; University of Heidelberg Abhiroop Mukhopadhyay; Indian Statistical Institute Delhi Presented by: Abhiroop Mukhopadhyay, Indian Statistical Institute Delhi pm Potential Group Size and the Efficiency of Informal Risk Sharing By Emla Fitzsimons; UCL Bansi Malde; Institute for Fiscal Studies, Marcos Vera-Hernández; University College London and Institute for Fiscal Studies Presented by: Bansi Malde, Institute for Fiscal Studies 21 m a r c h Voluntary Contributions and Signaling - Exploring a Unique Microcredit Model By Mahreen Mahmud; University of Oxford Presented by: Mahreen Mahmud, University of Oxford m o n d ay Location: Fulton 106 am Session Chair: Bansi Malde, Institute for Fiscal Studies Session 3: Development Economics: Growth and Development 1Time: 14:45 to 16:15 Session Chair: Minchul Yum, University of Mannheim Location: Fulton 107 Expropriation Risk and Aggregate Productivity with Heterogeneous Firms By Virginia Olivella; Banque de France Presented by: Virginia Olivella, Banque de France pm Parental Time Investment and Intergenerational Mobility By Minchul Yum; University of Mannheim Presented by: Minchul Yum, University of Mannheim 22 m a r c h On the Link between the Volatility and Skewness of Growth By Geert Bekaert; Columbia University Alexander Popov; European Central Bank Presented by: Alexander Popov, European Central Bank t u e s d ay am The Effectiveness of Industrial Policy in Developing Countries: Causal Evidence from Ethiopian Manufacturing Firms By Tewodros Gebrewolde; University of Leicester James Rockey; University of Leicester Presented by: James Rockey, University of Leicester Session 4: Development Economics: Political EconomyTime: 14:45 to 16:15 Session Chair: Thiemo Fetzer, University of Warwick Location: Fulton 109 Liberation Technology: Mobile Phones and Political Mobilization in Africa By Marco Manacorda; QMUL/ LSE, Andrea Tesei; Queen Mary Presented by: Andrea Tesei, Queen Mary pm 51 23 MARCH Take what you can: property rights, contestability and conflict By Thiemo Fetzer; University of Warwick, Samuel Marden; University of Sussex Presented by: Thiemo Fetzer, University of Warwick w e d n e s d ay am Economic Backwardness and Social Tension By Christa Brunnschweiler; University of East Anglia Päivi Lujala; Norwegian University of Science and Technology Presented by: Christa Brunnschweiler, University of East Anglia 2016 general m o n d ay sessions 1 14.45 – 16.15 Session 5: Labour Economics: Demography and Gender 1 am m o n d ay Session Chair: Patricia Cortes, Boston University Time: 14:45 to 16:15 Location: Fulton 110 Employment adjustments around childbirth: How mothers smooth their careers By Nabanita Datta Gupta; Aarhus University, Filip Pertold; CERGE-EI, Barbara Pertold-Gebicka; Charles University Presented by: Barbara Pertold-Gebicka, Charles University pm 21 m a r c h Wage Gaps, Earnings Gaps, and the Market Power of Employers By Christian Bredemeier; University of Cologne Presented by: Christian Bredemeier, University of Cologne Immigration and the Gender Wage Gap By Anthony Edo; CEPII Presented by: Anthony Edo, CEPII Understanding the Prevalence and Returns to Working Long Hours and the Gender Pay Gap : Evidence Across Countries By Patricia Cortes; Boston University Jessica Pan; National University of Singapore Presented by: Patricia Cortes, Boston University Session 6: Labour Economics: Migration 1Time: 14:45 to 16:15 Session Chair: Stuart Campbell, University of Sheffield Location: Fulton 111 am t u e s d ay Sibling Rivalry and Migration By Massimiliano Bratti; Universita’ degli Studi di Milano Simona Fiore; University of Bologna Mariapia Mendola; University of Milan Bicocca Presented by: Massimiliano Bratti, Universita’ degli Studi di Milano pm 22 m a r c h The Migration Decision of Adult Children, Inter-generational Support and the Well-being of Older Parents By Sarah Bridges; University of Nottingham, Lefan Liu; University of Nottingham, David Whynes; University of Nottingham Presented by: Lefan Liu, University of Nottingham Social Status and Public Attitudes: Self-Selection of High-Skilled Migrants By Claudia Lumpe; University of Giessen, Jurgen Meckl; Justus-Liebig Universitaet - Giessen Presented by: Claudia Lumpe, University of Giessen How important are the original motives for migration? Self-selection, the labour market, and national identity By Stuart Campbell; University of Sheffield Presented by: Stuart Campbell, University of Sheffield am w e d n e s d ay pm 2 3 MA R C H 52 general sessions m o n d ay 1 2016 14.45 – 16.15 Session 7: Labour Economics: Returns to Education 1Time: 14:45 to 16:15 Education:Risk Enhancing or Insurance Mechanism? By Judith Delaney; University College London Presented by: Judith Delaney, University College London pm Returns to Education and Experience in Criminal Organizations: Evidence from the Italian-American Mafia By Nadia Campaniello; University of Essex Presented by: Nadia Campaniello, University of Essex 21 m a r c h Who benefits from universal child care? Estimating marginal returns to early child care attendance By Thomas Cornelissen; University of York, Christian Dustmann; University College London Anna Raute; University of Mannheim, Uta Schoenberg; University College London Presented by: Thomas Cornelissen, University of York m o n d ay Location: Fulton 112 am Session Chair: Franz Buscha, University of Westminster The wage returns to education over the life-cycle: Heterogeneity and the role of experience By Franz Buscha; University of Westminster Presented by: Franz Buscha, University of Westminster Location: Fulton 103 Housing Market Capitalization of School Quality: Evidence From a Novel Disclosure Regime By Iftikhar Hussain; University of Sussex Presented by: Iftikhar Hussain, University of Sussex am Session Chair: Sarah Flèche, London School of Economics pm Understanding the improved performance of disadvantaged pupils in London By Jo Blanden; University of Surrey, Ellen Greaves; The Institute for Fiscal Studies, Paul Gregg; university of Bath, Lindsey Macmillan; Institute of Education, Luke Sibieta; IFS Presented by: Jo Blanden, University of Surrey 22 m a r c h ICT and Education: Evidence from Student Home Addresses By Benjamin Faber; UC Berkeley, Rosa Sanchis-Guarner; Imperial College Business School Felix Weinhardt; Humboldt-University Berlin Presented by: Rosa Sanchis-Guarner, Imperial College Business School t u e s d ay Session 8: Public Economics: Economics of Education 1Time: 14:45 to 16:15 Teacher Quality, Test Scores and Non-Cognitive Ability: Evidence from Primary School Pupils in UK By Sarah Flèche; London School of Economics Presented by: Sarah Flèche, London School of Economics w e d n e s d ay am 23 MARCH pm 53 2016 general m o n d ay sessions 1 14.45 – 16.15 Session 9: Public Economics: Environmental and Natural Resource Economics 1 am m o n d ay Session Chair: Stefano Carattini, Haute école de gestion/Grantham Research Institute, London School of Economics Time: 14:45 to 16:15 Location: Fulton 102 pm 21 m a r c h Does the Presence of Wind Turbines Have Negative Externalities for People in Their Surroundings? Evidence from Well-Being Data By Christian Krekel; German Institute for Economic Research (DIW Berlin), Alexander Zerrahn; German Institute for Economic Research (DIW Berlin) Presented by: Christian Krekel, German Institute for Economic Research (DIW Berlin) The greener, the happier? The effect of urban land use on residential well-being. By Jens Kolbe; Technical University Berlin (TU Berlin), Christian Krekel; German Institute for Economic Research (DIW Berlin), Henry Wüstemann; Technical University Berlin (TU Berlin) Presented by: Jens Kolbe, Technical University Berlin (TU Berlin) Where does the wind blow? Green preferences and spatial misallocation in renewable energy sector By Yatang Lin; London School of Economics Presented by: Yatang Lin, London School of Economics am t u e s d ay Is taxing waste a waste of time? Evidence from a quasi-natural experiment By Stefano Carattini; Haute école de gestion/Grantham Research Institute, London School of Economics, Andrea Baranzini; Geneva School of Business Administration, Rafael Lalive; University of Lausanne Presented by: Stefano Carattini, Haute école de gestion/Grantham Research Institute, London School of Economics and Political Science Session 10: Public Economics: Taxation 1Time: 14:45 to 16:15 Session Chair: Enda Hargaden, University of Michigan Location: Fulton 101 pm 22 m a r c h Self-employment Underreporting in Great Britain: Who and How much? By Ana Cinta G. Cabral; University of Exeter Presented by: Ana Cinta G. Cabral; University of Exeter Adjustment costs and labour supply: evidence from bunching at tax thresholds in the UK By Barra Roantree; Institute for Fiscal Studies, Stuart Adam; Institute for Fiscal Studies, James Browne; Institute for Fiscal Studies, David Phillips; Institute for Fiscal Studies Presented by: Barra Roantree, Institute for Fiscal Studies Labor Demand Elasticities Over the Life Cycle: Evidence from Spain’s Payroll Tax Reforms By Ferran Elias; University of Copenhagen Presented by: Ferran Elias, University of Copenhagen am w e d n e s d ay Taxpayer Responses over the Cycle: Evidence from Irish Notches By Enda Hargaden; University of Michigan Presented by: Enda Hargaden, University of Michigan pm 2 3 MA R C H 54 general sessions m o n d ay 1 2016 14.45 – 16.15 Session 11: Empirical Studies: Behaviour Consumption and HouseholdTime: 14:45 to 16:15 Housing equity, saving and debt dynamics over the Great Recession By William Elming; Institute for Fiscal Studies Andreas Ermler; Danish Ministry of Finance Presented by: William Elming, Institute for Fiscal Studies pm Household bargaining, spouses’ consumption patterns and the design of commodity taxes By Helmuth Cremer; University of Toulouse, Jean-Marie Lozachmeur; Toulouse School of Economics, Kerstin Roeder; University of Augsburg Presented by: Kerstin Roeder, University of Augsburg 21 m a r c h Private information and adverse selection in the market for annuities By Gemma Tetlow; Institute for Fiscal Studies Presented by: Gemma Tetlow, Institute for Fiscal Studies m o n d ay Location: Fulton 113 am Session Chair: Kerstin Roeder, University of Augsburg Session 12: Experimental and Behavioural Economics: Applied Behavioural ModelsTime: 14:45 to 16:15 Session Chair: Claudia Cerrone, Royal Holloway University of London Location: Fulton 114 Doing it when others do: a strategic model of procrastination By Claudia Cerrone; Royal Holloway University of London Presented by: Claudia Cerrone, Royal Holloway University of London Session Chair: Ozge Senay, University of St Andrews pm Session 13: International Economics: Exchange RatesTime: 14:45 to 16:15 22 m a r c h The wrong man for the job: biased beliefs and job mismatching By Antonio Nicolo; University of Manchester, Valeria Maggian; Università Cattolica (Milano) Presented by: Valeria Maggian, Università Cattolica (Milano) t u e s d ay Screening Salient Thinkers By James Wisson; University of Oxford Presented by: James Wisson; University of Oxford am Heterogeneity in Risk Attitudes across Domains: A Bivariate Random Preference Approach By Anna Conte; University of Westminster Presented by: Anna Conte, University of Westminster Location: Fulton 205 When is foreign exchange intervention effective? Evidence from 33 countries By Marcel Fratzscher; DIW Berlin, Oliver Gloede; Uni Hannover, Lukas Menkhoff; DIW Berlin, Lucio Sarno; City University London, Tobias Stoehr; Kiel Institute for the World Economy Presented by: Tobias Stoehr, Kiel Institute for the World Economy Nominal exchange rates and net foreign assets’ dynamics: the stabilization role of valuation effects By Sara Eugeni; Durham University Presented by: Sara Eugeni, Durham University pm 55 23 MARCH Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets By Ozge Senay; University of St Andrews, Alan Sutherland; University of St Andrews Presented by: Ozge Senay, University of St Andrews w e d n e s d ay am The euro, regulation, and relative prices in the European car market. By Georg Strasser; European Central Bank Presented by: Georg Strasser, European Central Bank 2016 general m o n d ay sessions 1 14.45 – 16.15 Session 14: International Economics: Gravity and Heterogeneous Firm ModelsTime: 14:45 to 16:15 am m o n d ay Session Chair: Andrea Ciani, DICE - Universität Düsseldorf Location: Fulton 204 Dark Costs, Missing Data: Shedding Some Light on Services Trade By James Anderson; Boston College, Ingo Borchert; University of Sussex, Aaditya Mattoo; World Bank Yoto Yotov; Drexel University Presented by: Ingo Borchert, University of Sussex pm 21 m a r c h The Gravity of Experience By Pushan Dutt; INSEAD, Ana Maria Santacreu; Federal Reserve Bank of Saint Louis, Daniel Traca; NOVA School of Business and Economics Presented by: Pushan Dutt, INSEAD The impact of windfalls: Firm selection, trade and welfare By Gry Ostenstad; University of Oslo, Wessel Vermeulen; Unversity of Oxford Presented by: Wessel Vermeulen, Unversity of Oxford Quality of Imported Products and Income Inequality By Andrea Ciani; DICE - Universität Düsseldorf Presented by: Andrea Ciani, DICE - Universität Düsseldorf Session 15: International Economics: Monetary PolicyTime: 14:45 to 16:15 Session Chair: Pietro Cova, Bank of Italy Location: Fulton 203 am t u e s d ay Unconventional Monetary Policy and Asset Allocation of International Mutual Funds By Gino Cenedese; Bank of England, Ilaf Scheikh Elard; University of Oxford Presented by: Gino Cenedese, Bank of England Domestic and International Effects of the Eurosystem Expanded Asset Purchase Programme. A Structural Model-Based Analysis By Pietro Cova; Bank of Italy, Patrizio Pagano; World Bank, Massimiliano Pisani; Bank of Italy Presented by: Pietro Cova, Bank of Italy pm 22 m a r c h Adaptive Learning, Monetary Policy and Carry Trades By Cyril Dell’Eva; Aix Marseille School of Economics Presented by: Cyril Dell’Eva, Aix Marseille School of Economics Session 16: Finance: Asset PricingTime: 14:45 to 16:15 Session Chair: Michele Berardi, University of Manchester Location: Fulton 206 Resolving the Spanning Puzzle in Macro-Finance Term Structure Models By Michael Bauer; Federal Reserve Bank of San Francisco, Glenn Rudebusch; Federal Reserve Bank of San Francisco Presented by: Glenn Rudebusch, Federal Reserve Bank of San Francisco am w e d n e s d ay Overseas unspanned factors and domestic bond returns By Andrew Meldrum; Bank of England, Marek Raczko; Bank of England, Peter Spencer; University of York Presented by: Marek Raczko, Bank of England Prices, fundamental values and learning By Michele Berardi; University of Manchester Presented by: Michele Berardi, University of Manchester pm 2 3 MA R C H 56 general sessions m o n d ay 1 2016 14.45 – 16.15 Session 17: Finance: Behavioural FinanceTime: 14:45 to 16:15 Session Chair: Rachel Pownall, Maastricht University Location: Fulton 207 Empirical Evidence of Anchoring and Loss Aversion from Art Auctions By Rachel Pownall; Maastricht University Presented by: Rachel Pownall, Maastricht University Session Chair: Giordano Mion, University of Sussex pm Session 18: Industrial Organisation: Empirical Studies 1Time: 14:45 to 16:15 21 m a r c h Salience and the Disposition Effect: Evidence from the Introduction of `Cash-Outs’ in Betting Markets By Alasdair Brown; University of East Anglia Presented by: Alasdair Brown, University of East Anglia m o n d ay am On the Return Predictability of Investor Sentiment By Xing Han; Ghent University, Youwei Li; Queen’s University Belfast Presented by: Youwei Li, Queen’s University Belfast Location: Fulton 202 Digging Deep to Compete: Vertical Integration, Product Market Competition and Prices By Danny McGowan; University of Nottingham Presented by: Danny McGowan, University of Nottingham Session 19: Industrial Organisation: Theory 1Time: 14:45 to 16:15 Session Chair: Christopher Wallace, University of Leicester Location: Fulton 201 pm Non-reservation Price Equilibria and Consumer Search By Alexei Parakhonyak; University of Oxford Presented by: Alexei Parakhonyak, University of Oxford Learning from Market Exits By Eeva Mauring; University College London Presented by: Eeva Mauring, University College London 22 m a r c h Price competition in product variety networks By Philipp Ushchev; Higher School of Economics, Moscow, Yves Zenou; Stockholm University Presented by: Philipp Ushchev, Higher School of Economics, Moscow t u e s d ay am Unraveling Firms: Demand, Productivity and Markups Heterogeneity By Emanuele Forlani; University of Pavia, Ralf Martin; Imperial College London, Giordano Mion; University of Sussex, Mirabelle Muuls; Imperial College London Presented by: Giordano Mion, University of Sussex Information Use and Acquisition in Price-Setting Oligopolies By David Myatt; London Business School, Christopher Wallace; University of Leicester Presented by: Christopher Wallace, University of Leicester w e d n e s d ay am 23 MARCH pm 57 2016 general m o n d ay sessions 1 14.45 – 16.15 Session 20: Political Economics: Voting and Elections 1Time: 14:45 to 16:15 am m o n d ay Session Chair: Konstantinos Matakos, London School of Economics Location: Fulton 211 Transparency in Parliamentary Voting By Christine Benesch; University of St.Gallen, Monika Bütler; University of St. Gallen, Katharina Hofer; University of St.Gallen Presented by: Katharina Hofer, University of St.Gallen pm 21 m a r c h The Axiomatic Approach to Selection from Sets By Daniele Checchi; University of Milan, Gianni De Fraja; University of Nottingham & University of Rome Tor Vergata, Stefano Verzillo; University of Milan Presented by: Gianni De Fraja, University of Nottingham & University of Rome Tor Vergata The Political Economy of Immigration and Population Ageing By Valerio Dotti; University College London Presented by: Valerio Dotti, University College London Divide and Rule: Redistribution in a Model with Differentiated Candidates By Konstantinos Matakos; London School of Economics, Dimitrios Xefteris; University of Cyprus Presented by: Konstantinos Matakos, London School of Economics Session 21: Labour MarketsTime: 14:45 to 16:15 Session Chair: Marco Fongoni, University of Strathclyde Location: Fulton 210 am t u e s d ay Labor supply factors and economic fluctuations By Claudia Foroni; Norges Bank, Francesco Furlanetto; Norges Bank, Antoine Lepetit; Paris School of Economics - Banque de France Presented by: Antoine Lepetit, Paris School of Economics - Banque de France Optimal Unemployment Policy By Nicholas Lawson; Aix-Marseille School of Economics Presented by: Nicholas Lawson, Aix-Marseille School of Economics pm 22 m a r c h The Great Recession and the UK labour market By Stephen Millard; Bank of England, Durham University Business School and Centre for Macroeconomics Presented by: Stephen Millard, Bank of England, Durham University Business School and Centre for Macroeconomics A Theory of Wage Setting Behavior By Alex Dickson; University of Strathclyde, Marco Fongoni; University of Strathclyde Presented by: Marco Fongoni, University of Strathclyde Session 22: Macroeconomics: Business Cycles 1Time: 14:45 to 16:15 Session Chair: Ryuichi Nakagawa, Kansai University Location: Fulton 208 am w e d n e s d ay What if all countries were actually in the same boat? A comparison of countries’ vulnerability based on Markov Switching Models By Brendan VANNIER; Banque de France Presented by: Brendan VANNIER, Paris School of Economics - Banque de France The Welfare Impact of Volatility Shocks By Shaofeng Xu; Bank of Canada Presented by: Shaofeng Xu, Bank of Canada Disaster Risk and Preference Shifts in a New Keynesian Model By Marlène Isoré; University of Helsinki, Urszula Szczerbowicz; CEPII Presented by: Marlène Isoré, University of Helsinki pm 2 3 MA R C H Stable Sunspot Equilibria with Private Information By Bruce McGough; University of Oregon, Ryuichi Nakagawa; Kansai University Presented by: Ryuichi Nakagawa, Kansai University 58 general sessions m o n d ay 1 2016 14.45 – 16.15 Session 23: Macroeconomics: Income Distribution and InequalityTime: 14:45 to 16:15 Monetary Policy and Inequality in the UK By Haroon Mumtaz; Queen Mary, Angeliki Theophilopoulou; University of Westminster Presented by: Angeliki Theophilopoulou, University of Westminster pm Cyclicality of Wage Structure and Vintage-Capital-Skill Complementarity By Gonzalo Castex; Central Bank of Chile, Evgenia Dechter; University of New South Wales Presented by: Gonzalo Castex, Central Bank of Chile 21 m a r c h Uninsured Idiosyncratic Production Risks, Dynamics of Income Distribution and Fiscal Policies By Meng Li; Universidad Carlos III de Madrid Presented by: Meng Li, Universidad Carlos III de Madrid m o n d ay Location: Fulton 209 am Session Chair: Gonzalo Castex, Central Bank of Chile Session 24: Econometrics: Networks and Peer EffectsTime: 14:45 to 16:15 Session Chair: Bet Caeyers, Institute for Fiscal Studies Location: Fulton 214 Estimation of social interaction models using regularization By Guy Tchuente; University of Kent Presented by: Guy Tchuente, University of Kent Exclusion Bias in the Estimation of Peer Effects By Bet Caeyers; Institute for Fiscal Studies, Marcel Fafchamps; Stanford University Presented by: Bet Caeyers, Institute for Fiscal Studies Session Chair: Dirk Engelmann, Humboldt University Berlin Location: Fulton 212 pm Auctions with an asking price By Peyman Khezr; The University of Queensland Presented by: Peyman Khezr, The University of Queensland Sequential Auctions with Generalized Interdependent Values By Audrey Hu; University of Amsterdam/Tinbergen Institute, Liang Zou; University of Amsterdam Presented by: Liang Zou, University of Amsterdam am Does a Buyer Benefit from Bad Reputation? Theory and Evidence on Auctions with Default By Dirk Engelmann; Humboldt University Berlin, Jeff Frank; Royal Holloway, University of London, Alexander Koch; Aarhus University, Marieta Valente; Universidade do Minho, NIMA Presented by: Dirk Engelmann, Humboldt University Berlin 23 MARCH pm 59 w e d n e s d ay How to Boost Revenues in First-Price Auctions? The Magic of Disclosing Only Winning Bids from Past Auctions By Philippe Jehiel; Paris School of Economics, Peter Katuscak; University of Economics in Prague, Fabio Michelucci; CERGE-EI Presented by: Fabio Michelucci, CERGE-EI 22 m a r c h Session 25: Economic Theory: AuctionsTime: 14:45 to 16:15 t u e s d ay am The use of instrumental variables in peer effects models with group fixed effects By Stephanie von Hinke; University of Bristol, George Leckie; University of Bristol, Cheti Nicoletti; University of York Presented by: Stephanie von Hinke, University of Bristol 2016 general m o n d ay sessions 1 14.45 – 16.15 Session 26: Economic Theory: OtherTime: 14:45 to 16:15 Session Chair: Ignacio Monzon, Collegio Carlo Alberto Location: Fulton 213 am m o n d ay Adaptation as a Battle of the Selves By Tugce Cuhadaroglu; University of St Andrews Presented by: Tugce Cuhadaroglu, University of St Andrews Frictions Lead to Sorting: a Partnership Model with On-the-Match Search By Cristian Bartolucci; Collegio Carlo Alberto, Ignacio Monzon; Collegio Carlo Alberto Presented by: Ignacio Monzon, Collegio Carlo Alberto pm 21 m a r c h Occupational Sorting and the Structure of Status By Pawel Gola; University of Cambridge Presented by: Pawel Gola, University of Cambridge am t u e s d ay pm 22 m a r c h am w e d n e s d ay pm 2 3 MA R C H 60 general sessions t u e s d ay 2 2016 09.00 – 10.30 Session 32: Development Economics: Credit Markets and Insurance 2Time: 9:00 to 10:30 Migration, Agricultural Production, and Liquidity Constraints: Impacts of Randomized Credit Access By Shu Cai; Hong Kong University of Science & Tech Presented by: Shu Cai, Hong Kong University of Science & Tech pm Redistribution, Risk-taking and Implicit Punishment - Experimental Evidence from Risk-taking Decisions of Farmers in Ethiopia By Karlijn Morsink; University of Oxford Presented by: Karlijn Morsink, University of Oxford 21 m a r c h Technology Adoption Under Different Index Insurance Schemes: Experimental Evidence from Ghana By Jan Jozwik; Oxford University Presented by: Jan Jozwik, Oxford University m o n d ay Location: Fulton 106 am Session Chair: Karlijn Morsink, University of Oxford Session 33: Development Economics: Gender 1Time: 9:00 to 10:30 Session Chair: Michele Tuccio, University of Southampton Location: Fulton 109 Does war empower women? Evidence from Timor Leste By Marinella Leone; Institute of Development Studies Presented by: Marinella Leone, Institute of Development Studies Can I have permission to leave the house? Return migration and the transfer of gender norms By Michele Tuccio; University of Southampton, Jackline Wahba; University of Southampton Presented by: Michele Tuccio, University of Southampton Session Chair: Jevgenijs Steinbuks, The World Bank pm Session 34: Development Economics: Growth and Development 2Time: 9:00 to 10:30 22 m a r c h Why Are Older Women Missing in India? The Age Profile of Bargaining Power and Poverty By Rossella Calvi; Boston College Presented by: Rossella Calvi, Boston College t u e s d ay am Inheritance Laws, Educational Attainment & Child Labor: Evidence from Indian States By Amanda Kerr; Clemson University Presented by: Amanda Kerr, Clemson University Location: Fulton 107 Judicial Institutions, Relationship-Specificity and Growth: Evidence from India By Amrit Amirapu; University of Kent Presented by: Amrit Amirapu, University of Kent am Urbanization and Property Rights By Yongyang Cai; University of Chicago, Harris Selod; The World Bank, Jevgenijs Steinbuks; The World Bank Presented by: Jevgenijs Steinbuks, The World Bank 23 MARCH pm 61 w e d n e s d ay Malaria Suitability and (Post-)Colonial Urbanization in Sub-Saharan Africa By Matthias Flueckiger; University of Basel, Markus Ludwig; University of Basel Presented by: Matthias Flueckiger, University of Basel 2016 general t u e s d ay sessions 2 09.00 – 10.30 Session 35: Labour Economics: Demography and Gender 2Time: 9:00 to 10:30 am m o n d ay Session Chair: Climent Quintana-Domeque, University of Oxford Location: Fulton 110 The Effects of Financial Incentives on Fertility and Early Investments in Child Health By Simona Bejenariu Tudor; Swedish Institute for Social Science Presented by: Simona Bejenariu Tudor, Swedish Institute for Social Science pm 21 m a r c h Population Policy: Abortion and Modern Contraception are Substitutes By Grant Miller; Stanford University, Christine Valente; University of Bristol Presented by: Christine Valente, University of Bristol Can financial incentives reduce the baby gap? -Evidence from a reform in maternity leave benefits By Anna Raute; University of Mannheim Presented by: Anna Raute, University of Mannheim Choosing Season of Birth: The Role of Biological and Economic Constraints By Sonia Oreffice; University of Surrey, Climent Quintana-Domeque; University of Oxford Presented by: Climent Quintana-Domeque, University of Oxford Session 36: Labour Economics: Migration 2Time: 9:00 to 10:30 Session Chair: Elie Murard, Paris School Of Economics Location: Fulton 111 am t u e s d ay How do immigrants change natives’ attitudes - Evidence from an exogenous inflow By Judith Saurer; ifo Institute Presented by: Judith Saurer, ifo Institute Immigration, Amnesties and the Shadow Economy By Emanuele Bracco; Lancaster University, Luisanna Onnis; University of Lancaster Presented by: Luisanna Onnis, University of Lancaster Session 37: Labour Economics: Health and Disability pm 22 m a r c h Less welfare or less foreigners ? The effect of immigrant inflows on individual attitudes towards redistribution and immigration policy By Elie Murard; Paris School Of Economics Presented by: Elie Murard, Paris School Of Economics Session Chair: Petri Böckerman, Turku School of Economics, Labour Institute for Economic Research and IZA Time: 9:00 to 10:30 Location: Fulton 112 Labor demand, labor costs, health and disability By Anna Godøy; Institute for Social Research, Ingrid Huitfeldt; Frisch Center Presented by: Anna Godøy, Institute for Social Research Increasing health investments among unemployed and disadvantaged youth: Evidence from a Field Experiment By Bruno Crépon; CREST, Julie Pernaudet; CREST Presented by: Julie Pernaudet, CREST am w e d n e s d ay The UK Disability Discrimination Act 2005: Consequences for the education and employment of older children By Marco Ercolani; University of Birmingham Presented by: Marco Ercolani, University of Birmingham pm 2 3 MA R C H A Kink that Makes You Sick: the Effect of Sick Pay on Absence By Petri Böckerman; Turku School of Economics, Labour Institute for Economic Research and IZA, Ohto Kanninen; Labour Institute for Economic Research, Ilpo Suoniemi; Labour Institute for Economic Research Presented by: Petri Böckerman, Turku School of Economics, Labour Institute for Economic Research and IZA 62 general sessions t u e s d ay 2 2016 09.00 – 10.30 Session 38: Public Economics: Environmental and Natural Resource Economics 2Time: 9:00 to 10:30 Climate and Armed Conflicts: an ‘Unveiled’ Relationship By Mehdi Shiva; University of Dundee Presented by: Mehdi Shiva, University of Dundee pm The Kyoto Protocol and Beyond: Pareto Gains from International Emissions Trading and Clean Development By Peter Hammond; University of Warwick Presented by: Peter Hammond, University of Warwick ECONOMIC IMPACTS OF CLIMATE CHANGE By Richard Tol; University of Sussex Presented by: Richard Tol, University of Sussex 21 m a r c h Impact of Natural Disasters on Financial Development By Sambit Bhattacharyya; University of Sussex, Subhani Keerthiratne; University of Sussex Presented by: Subhani Keerthiratne, University of Sussex m o n d ay Location: Fulton 102 am Session Chair: Richard Tol, University of Sussex Session 39: Public Economics: Health 1Time: 9:00 to 10:30 Session Chair: George Stoye, Institute for Fiscal Studies Location: Fulton 101 The financial support for long-term elderly care and household savings behaviour By Asako Ohinata; University of Leicester, Matteo Picchio; Marche Polytechnic University Presented by: Asako Ohinata, University of Leicester pm Immigration and the use of public maternity services in England By George Stoye; Institute for Fiscal Studies Presented by: George Stoye, Institute for Fiscal Studies 22 m a r c h Spending the night? Effects of hospital reimbursement rates on medical treatment and health outcomes By Ingrid Huitfeldt; Frisch Center Presented by: Ingrid Huitfeldt, Frisch Center t u e s d ay am Reimbursement Schemes for Hospitals: Evidence from a Natural Experiment in Germany By Eberhard Feess; Frankfurt School of Finance and Management, Helge Mueller; University of Marburg, Ansgar Wohlschlegel; Portsmouth Business School Presented by: Ansgar Wohlschlegel, Portsmouth Business School Session 40: Public Economics: Public GoodsTime: 9:00 to 10:30 Session Chair: Justin Tumlinson, ifo Institute Location: Fulton 103 am Racial Discrimination in Local Public Services: A Field Experiment in the US By Corrado Giulietti; Institute for the Study of Labor (IZA), Mirco Tonin; University of Southampton Michael Vlassopoulos; University of Southampton Presented by: Corrado Giulietti, Institute for the Study of Labor (IZA) pm 63 23 MARCH Corporate Provision of Public Goods By John Morgan; University of California - Berkeley, Justin Tumlinson; ifo Institute Presented by: Justin Tumlinson, ifo Institute w e d n e s d ay The determinants of local police spending By Rowena Crawford; The Institute for Fiscal Studies, Richard Disney; Institute for Fiscal Studies, David Innes; Institute for Fiscal Studies Presented by: Rowena Crawford, The Institute for Fiscal Studies 2016 general t u e s d ay sessions 2 09.00 – 10.30 Session 41: Experimental and Behavioural Economics: Bounded Rationality - Individual Choice 1 am m o n d ay Session Chair: Christian Zankiewicz, German Institute for Economic Research (DIW Berlin) Time: 9:00 to 10:30 Location: Fulton 114 ATTITUDES TO UNCERTAINTY IN A STRATEGIC SETTING By Graham Loomes; University of Warwick Presented by: Graham Loomes, University of Warwick pm 21 m a r c h Lying, Spying, Sabotaging -- Procedures and Consequences By Nadine Chlass; University of Turku, Gerhard Riener; University of Mannheim Presented by: Nadine Chlass, University of Turku Present Bias and Everyday Self-Control Failures By Liam Delaney; Stirling University, Leonhard Lades; University of Stirling Presented by: Leonhard Lades, University of Stirling Hidden skewness: On the difficulty of multiplicative compounding under random shocks By Christian Zankiewicz; German Institute for Economic Research (DIW Berlin) Presented by: Christian Zankiewicz, German Institute for Economic Research (DIW Berlin) Session 42: International Economics: Trade LiberalisationTime: 9:00 to 10:30 Session Chair: Sergey Nigai, ETH Zurich Location: Fulton 204 am t u e s d ay Trade Reform, Labour Markets and the Permanence Premium: Insights from Indian Manufacturing By Nihar Shembavnekar; University of Sussex Presented by: Nihar Shembavnekar, University of Sussex The Taxing Deed of Globalization By Peter Egger; ETH Zurich, Sergey Nigai; ETH Zurich, Nora Strecker; ETH Zurich Presented by: Sergey Nigai, ETH Zurich pm 22 m a r c h The Hidden Cost of Globalization: Import Competition and Mental Distress By Italo Colantone; Bocconi, Rosario Crinò; Università Cattolica del Sacro Cuore, Laura Ogliari; Università Bocconi Presented by: Italo Colantone, Bocconi Session 43: International Economics: Sovereign DebtTime: 9:00 to 10:30 Session Chair: Yasin Kursat Onder, Central Bank of Turkey Location: Fulton 205 Country default in a monetary union By Lovleen Kushwah; University of Glasgow Presented by: Lovleen Kushwah, University of Glasgow am w e d n e s d ay Writing-down debt with heterogeneous creditors: lock laws and late swaps By Sayantan Ghosal; Glasgow University, Marcus Miller; University of Warwick Presented by: Marcus Miller, University of Warwick Sovereign debt issuance and selective default By Wojciech Paczos; European University Institute, Kirill Shakhnov; European University Institute Presented by: Kirill Shakhnov, Einaudi Institute for Economics and Finance (EIEF) Liquidity Crisis, Liquidity Lines and Sovereign Risk By Yasin Kursat Onder; Central Bank of Turkey Presented by: Yasin Kursat Onder, Central Bank of Turkey pm 2 3 MA R C H 64 general sessions t u e s d ay 2 2016 09.00 – 10.30 Session 44: Finance: Banking 1Time: 9:00 to 10:30 Session Chair: Minjoo Kim, University of Glasgow Location: Fulton 206 Correlated Default of UK Banks: Dynamics and Asymmetries By Minjoo Kim; University of Glasgow Presented by: Minjoo Kim, University of Glasgow Session Chair: Helen Simpson, University of Bristol pm Session 45: Finance: Corporate Finance 1Time: 9:00 to 10:30 21 m a r c h Is financial inclusion good for bank stability? International evidence By M. Mostak Ahamed; Queen Mary, University of London, Sushanta Mallick; Queen Mary University of London Presented by: Sushanta Mallick, Queen Mary University of London m o n d ay am Pandemic crises in financial systems and liquidity emergency By Julien Idier; Banque de France & Université Paris 1, Thibaut Piquard; Paris School of Economics Presented by: Julien Idier, Banque de France & Université Paris 1 Location: Fulton 207 Peer effects in family firm governance By Mario Amore; Bocconi University Presented by: Mario Amore, Bocconi University Female directors, key committees, and firm performance By Colin Green; Lancaster University, Swarnodeep Homroy; Lancaster University Presented by: Swarnodeep Homroy, Lancaster University Session Chair: John Morrow, University of Essex and CEP, LSE pm Session 46: Industrial Organisation: InnovationTime: 9:00 to 10:30 22 m a r c h The Corporate Value of the Old School Tie: Political and Educational Networks in the UK By Daniella Acker; University of Bristol, Ayan Orujov; University of Bristol, Helen Simpson; University of Bristol Presented by: Helen Simpson, University of Bristol t u e s d ay am Does It All Come Tumbling Down? Family ownership, Workplace Closure and the Recession By Alex Bryson; NIESR, Harald Dale-Olsen; Institute for Social Research, Trygve Gulbrandsen; Institute for Social Research Presented by: Harald Dale-Olsen, Institute for Social Research Location: Fulton 202 am Incentives to Innovate, Compatibility and Welfare in Durable Goods Markets with Network Effects By Athanasios Athanasopoulos; U Warwick Presented by: Athanasios Athanasopoulos, U Warwick pm 65 23 MARCH Input-Output Linkages and the Direction of Product Adoption By Johannes Boehm; Sciences Po, Swati Dhingra; London School of Economics, John Morrow; University of Essex and CEP, LSE Presented by: John Morrow, University of Essex and CEP, LSE w e d n e s d ay Union bargaining power and product innovation: relevance of the preference function By Debasmita Basak; Swansea University, Andreas Hoefele; Loughborough University, Arijit Mukherjee; University of Nottingham Presented by: Debasmita Basak, Swansea University 2016 general t u e s d ay sessions 2 09.00 – 10.30 Session 47: Industrial Organisation: Theory 2Time: 9:00 to 10:30 Session Chair: Robert Edwards, University of Liverpool Location: Fulton 201 am m o n d ay Consumer Search with Observational Learning By Daniel Garcia; U Vienna, Sandro Shelegia; Universitat Pompeu Fabra Presented by: Daniel Garcia, U Vienna Competition with Simplicity Biased Consumers By Robert Edwards; University of Liverpool Presented by: Robert Edwards, University of Liverpool pm 21 m a r c h Competing Under Financial Constraints By Guillem Ordonez-Calafi; University of Warwick Presented by: Guillem Ordonez-Calafi, University of Warwick Session 48: Political Economics: Institutions 1 Session Chair: Giacomo Ponzetto, CREI, U. Pompeu Fabra, & Barcelona GSE Time: 9:00 to 10:30 Location: Fulton 211 Political Specialization By Kevin Sheedy; London School of Economics Presented by: Kevin Sheedy, London School of Economics am t u e s d ay Internet Trolls and the Incentives of Authoritarian Regimes to Manipulate Information By Jakub Redlicki; University of Oxford Presented by: Jakub Redlicki, University of Oxford Social Capital, Government Expenditures, and Growth By Giacomo Ponzetto; CREI, U. Pompeu Fabra, & Barcelona GSE, Ugo Troiano; University of Michigan Presented by: Giacomo Ponzetto, CREI, U. Pompeu Fabra, & Barcelona GSE Session Chair: William Tayler, Lancaster University Location: Fulton 210 Monetary and Macroprudential Policies under Fixed and Variable Interest Rates By Margarita Rubio; University of Nottingham Presented by: Margarita Rubio, University of Nottingham pm 22 m a r c h Session 49: Macroeconomics: Financial RegulationTime: 9:00 to 10:30 Macroprudential Policy Design in the Euro Area: The case of Spain By Jose Carrasco-Gallego; University of Portsmouth, Margarita Rubio; University of Nottingham Presented by: Jose Carrasco-Gallego, University of Portsmouth Macroprudential Regulation, Credit Spreads and the Role of Monetary Policy By William Tayler; Lancaster University, Roy Zilberman; Lancaster University Presented by: William Tayler, Lancaster University Session Chair: Anthony Savagar, Cardiff University am w e d n e s d ay Session 50: Macroeconomics: Business Cycles 2Time: 9:00 to 10:30 Location: Fulton 208 Asset Prices in Production Economies with an Endogenous Extensive Margin By Jose Lopez; HEC PARIS Presented by: Jose Lopez, HEC PARIS Risk, Intermediate Input Prices and Missing Deflation During the Great Recession By Engin Kara; University of Bristol, Ahmed Pirzada; University of Bristol Presented by: Engin Kara, University of Bristol pm 2 3 MA R C H Explaining Productivity Puzzles with Frictional Firm Entry: Endogenous Markups Versus Dynamic Reallocation By Anthony Savagar; Cardiff University Presented by: Anthony Savagar; Cardiff University 66 general sessions t u e s d ay 2 2016 09.00 – 10.30 Session 51: Macroeconomics: GrowthTime: 9:00 to 10:30 Session Chair: Joanna Poyago-Theotoky, La Trobe University Melbourne Location: Fulton 203 Imperfect Competition and Misallocations By Yan Liang; London School of Economics Presented by: Yan Liang, London School of Economics pm R&D led Growth and Economic Geography By Marta Aloi; University of Nottingham, Joanna Poyago-Theotoky; La Trobe University Melbourne, Frederic Tournemaine; Chulalongkorn University, Bangkok, Thailand Presented by: Joanna Poyago-Theotoky, La Trobe University Melbourne 21 m a r c h Harrod-Domar Formula for Two Sector Growth Models By V.K. Chetty; Boston University, Basanta Pradhan; Institute of Economic Growth Presented by: Basanta Pradhan, Institute of Economic Growth m o n d ay am Bringing Unified Growth Theory to the Data By Peng Zhou; Cardiff Metropolitan University, James Foreman-Peck; Cardiff University Presented by: Peng Zhou, Cardiff Metropolitan University Session 52: Macroeconomics and Economic HistoryTime: 9:00 to 10:30 Session Chair: Claudio Schioppa, Universite Libre de Bruxelles Location: Fulton 209 Recovery from deep recession: lessons from Interwar Britain By Tadeusz Gwiazdowski; The University of Manchester, George Chouliarakis; The University of Manchester Presented by: Tadeusz Gwiazdowski, The University of Manchester pm Foreign Debt and Secondary Markets: The Case of Interwar Germany By Andrea Papadia; London School of Economics, Claudio Schioppa; Universite Libre de Bruxelles Presented by: Claudio Schioppa, Universite Libre de Bruxelles 22 m a r c h Time for Growth By Lars Boerner; London School of Economics, Battista Severgnini; Copenhagen Business School Presented by: Lars Boerner, London School of Economics t u e s d ay am The existence and persistence of liquidity effects: evidence from a large-scale historical natural experiment By Nuno Palma; LSE Presented by: Nuno Palma, European University Institute and University of Groningen Session 53: Econometrics: Quantile RegressionTime: 9:00 to 10:30 Session Chair: Sarah Brown, University of Sheffield Location: Fulton 213 Dual regression By Sami Stouli; University of Bristol, Richard Spady; Johns Hopkins University Presented by: Sami Stouli, University of Bristol Charitable Behaviour and the Big Five Personality Traits: Censored Quantile Regression Analysis of UK Panel Data By Sarah Brown; University of Sheffield, Karl Taylor; University of Sheffield Presented by: Sarah Brown, University of Sheffield 23 MARCH pm 67 w e d n e s d ay am Unconditional Quantile Regressions Under Endogeneity By Pallab Ghosh; University of Oklahoma Presented by: Pallab Ghosh, University of Oklahoma 2016 general t u e s d ay sessions 2 09.00 – 10.30 Session 54: Econometrics: Time SeriesTime: 9:00 to 10:30 Session Chair: JOSE VERA VALDES, AARHUS UNIVERSITY Location: Fulton 214 am m o n d ay A Sufficient Test for Dynamic Stability By Nasreen Nawaz; Michigan State University Presented by: Nasreen Nawaz, Michigan State University Unbalanced Regressions and the Predictive Equation By Jose Vera Valdes; Aarhus University Presented by: Jose Vera Valdes; Aarhus University pm 21 m a r c h The Distribution of Unit Root Test Statistics after Seasonal Adjustment By Tomás del Barrio Castro; University of the Balearic Islands, Denise R. Osborn; University of Manchester Presented by: Tomás del Barrio Castro, University of the Balearic Islands Session 55: Economic Theory: Bounded RationalityTime: 9:00 to 10:30 Session Chair: Silvia Sonderegger, Notthingham Location: Fulton 212 Contracting with Type-Dependent Naivete By Matteo Foschi; University of Leicester Presented by: Matteo Foschi, University of Leicester Entrepreneurial Overconfidence and Market Selection By Karen Khachatryan; University of Sussex, Jorgen Weibull; Stockholm School of Economics Presented by: Karen Khachatryan, University of Sussex am t u e s d ay Never Mind the Hyperbolics: Nonparametric Analysis of Time-Inconsistent Preferences By Laura Blow; Institute for Fiscal Studies, Martin Browning; Oxford University, Ian Crawford; University of Oxford Presented by: Laura Blow, Institute for Fiscal Studies Session 57: Development Economics: HealthTime: 15:15 to 16:45 Session Chair: Diana Contreras Suarez, Monash University pm 22 m a r c h Optimal similarity judgements in intertemporal choice By Fabrizio Adriani; University of Leicester, Silvia Sonderegger; Notthingham Presented by: Silvia Sonderegger, Notthingham Location: Fulton 109 The Long-term Impact of Treating Maternal Depression: Evidence from a Randomized Controlled Trial in Pakistan By Victoria Baranov; University of Melbourne, Sonia Bhalotra; University of Essex UK, Joanna Maselko; Duke University Presented by: Victoria Baranov, University of Melbourne am w e d n e s d ay Love in the Time of HIV: Theory and Evidence on Social Stigma and Health Seeking Behavior By Laura Derksen; University of Toronto Presented by: Laura Derksen, University of Toronto The Causal EFFect of an Institutional Birth on Maternal and Child Health: Evidence from Rainfall Shocks in India By Amalavoyal Chari; University of Sussex, Edward Okeke; RAND Corporation Presented by: Amalavoyal Chari, University of Sussex Linking Children’s Physical Development with Cognitive Development in Rural Areas By Diana Contreras Suarez; Monash University Presented by: Diana Contreras Suarez, Monash University pm 2 3 MA R C H 68 general sessions t u e s d ay 3 2016 15.15 – 16.45 Session 58: Development Economics: Growth and Development 3Time: 15:15 to 16:45 Exploring Paths to Export Diversification: A Network Interpretation of Heckscher-Ohlin & Learning-by-doing By Neave O’Clery; Harvard University Presented by: Neave O’Clery, Harvard University pm Dutch Disease Resistance: Evidence from Indonesian Firms By James Cust; University of Oxford, Torfinn Harding; Norwegian School of Economics, Beata Javorcik; Department of Economics, Pierre-Louis Vezina; King’s College London Presented by: Pierre-Louis Vezina, King’s College London 21 m a r c h Resource rents, coercion, and local development: Evidence from postapartheid South Africa By Paulo Bastos; The World Bank Presented by: Paulo Bastos, The World Bank m o n d ay Location: Fulton 107 am Session Chair: Torfinn Harding, Norwegian School of Economics The Effects of Land Use Regulation on Deforestation: Evidence from the Brazilian Amazon By Liana O. Anderson; CEMADEN, Samantha De Martino; University of Sussex, Torfinn Harding; Norwegian School of Economics, Karlygash Kuralbayeva; Grantham Research Institute/LSE, Andre Lima; University of Maryland Presented by: Torfinn Harding, Norwegian School of Economics Location: Fulton 106 Protectionism and the Education-Fertility Tradeoff in Late 19th Century France By Vincent Bignon; Bank of France, Cecilia Garcia-Penalosa; Aix-Marseille University Presented by: Vincent Bignon, Bank of France The Economic Consequences of the Spanish Reconquest: The Long-term Effects of Medieval Conquest and Colonization By Daniel Oto-Peralias; University of St Andrews, Diego Romero-Ávila; Pablo de Olavide University Presented by: Daniel Oto-Peralias, University of St Andrews am 23 MARCH pm 69 w e d n e s d ay The Cost of Patronage in the Appointment of Chief Bureaucrats: Evidence from the British Empire By Guo Xu; London School of Economics Presented by: Guo Xu, London School of Economics 22 m a r c h pm Tertiary Education and Prosperity in Developing Countries: Catholic Missionaries to Luminosity in India By Amparo Castello-Climent; Instituto de Economía Internacional, Latika Chaudhary; Scripps College, Abhiroop Mukhopadhyay; Indian Statistical Institute Delhi Presented by: Abhiroop Mukhopadhyay, Indian Statistical Institute Delhi t u e s d ay Session Chair: Guo Xu, London School of Economics am Session 59: Development Economics: Economic HistoryTime: 15:15 to 16:45 2016 general t u e s d ay sessions 3 15.15 – 16.45 Session 60: Labour Economics: Demography and Gender 3Time: 15:15 to 16:45 am m o n d ay Session Chair: Iva Trako, Paris School of Economics Location: Fulton 110 Job Turnover in Early Career and Fertility Choices By Ludovica Giua; University of Essex Presented by: Ludovica Giua, University of Essex pm 21 m a r c h Does Rosie Like Riveting? Male and Female Occupational Choices By Grace Lordan; LSE, Steve Pischke; London School of Economics Presented by: Grace Lordan, LSE Female employment and pre-kindergarten: on the unintended effects of an Italian reform By Francesca Carta; Banca d’Italia, Lucia Rizzica; Bank of Italy Presented by: Francesca Carta, Banca d’Italia Fertility and Parental Labor-Force Participation: New Evidence from a Developing Country in the Balkans By Iva Trako; Paris School of Economics Presented by: Iva Trako, Paris School of Economics Session 61: Labour Economics: WellbeingTime: 15:15 to 16:45 Session Chair: Anthony Lepinteur, PSE Location: Fulton 112 am t u e s d ay Working Hours, Work Identity and Subjective Wellbeing By Mark Bryan; University of Sheffield, Alita Nandi; University of Essex Presented by: Mark Bryan, University of Sheffield “How Job Changes Affect People’s Lives – Evidence from Subjective Well-being Data” By Adrian Chadi; IAAEU, University of Trier, Clemens Hetschko; Freie Universität Berlin Presented by: Clemens Hetschko, Freie Universität Berlin pm 22 m a r c h Spousal Working hours mismatch and subjective well-being : Evidence from Germany By Anthony Lepinteur; PSE Presented by: Anthony Lepinteur, PSE Session 62: Labour Economics: WagesTime: 15:15 to 16:45 Session Chair: Anne Solaz, Institut National d’Etudes Demographique Location: Fulton 111 Welfare-enhancing Trade Unions in an Oligopoly with Excessive Entry By Marco de Pinto; University of Trier, Laszlo Goerke Presented by: Marco de Pinto, University of Trier am w e d n e s d ay The urban wage premium in imperfect labour markets By Boris Hirsch; University of Erlangen-Nuremberg, Elke Jahn; IAB, Bayreuth University, IZA, Michael Oberfichtner; University of Erlangen-Nuremberg & Institute for Employment Research (IAB) Presented by: Michael Oberfichtner, University of Erlangen-Nuremberg & Institute for Employment Research (IAB) The Impact of the National Minimum Wage on Industry-Level Wage Bargaining in France By Denis Fougere; CREST, Erwan Gautier; Université de Nantes, Sebastien Roux; Banque de France Presented by: Erwan Gautier, Université de Nantes pm 2 3 MA R C H Is there a wage cost of working in a family-friendly firm? Evidence using matched employer-employee data By Ariane Pailhe; French Institute for Demographic Studies (INED), Anne Solaz; Institut National d’Etudes Demographiques Presented by: Anne Solaz, Institut National d’Etudes Demographique 70 general sessions t u e s d ay 3 2016 15.15 – 16.45 Session 63: Public Economics: Economics of Education 2Time: 15:15 to 16:45 University costs and university participation. Evidence from the UK. By Monica Langella; Centre for Economic Performance Presented by: Monica Langella, Centre for Economic Performance pm Redistribution without distortions? Evidence from affirmative action in university admissions in Brazil By Fernanda Estevan; FEA-USP, Thomas Gall; University of Southampton, Louis-Philippe Morin; University of Ottawa Presented by: Thomas Gall, University of Southampton 21 m a r c h What you know can’t hurt you (for long): A field experiment on relative performance feedback By Ghazala Azmat; Queen Mary University, Manuel Bagues; Aalto University and IZA, Antonio Cabrales; University College London, Nagore Iriberri; University of the Basque Country Presented by: Ghazala Azmat, Queen Mary University m o n d ay Location: Fulton 103 am Session Chair: Constantine Yannelis, Stanford University Session 64: Public Economics: Environmental and Natural Resource Economics 3Time: 15:15 to 16:45 Session Chair: Tong Zhu, Location: Fulton 102 am The EU electricity market: renewable energy targets, Tradable Green Certificates and international trade By Ourania Karakosta; University of Ioannina, Dimitra Petropoulou; University of Sussex Presented by: Dimitra Petropoulou, University of Sussex pm Shell shocked: Examining the Impact of Foreign entry on the gasoline retail market in China By Tong Zhu; University of Birmingham Presented by: Tong Zhu, University of Birmingham 22 m a r c h Unbundling the Porter Hypothesis. Evidence from French manufacturing firms By Damien Dussaux; London School of Economics Presented by: Damien Dussaux, London School of Economics t u e s d ay Going Offshore: Investments in German Wind Energy under Uncertainty By Yu-Fu Chen; University of Dundee, Michael Funke; University of Hamburg Presented by: Yu-Fu Chen, University of Dundee Session 65: Public Economics: Health 2Time: 15:15 to 16:45 Session Chair: Edward Pinchbeck, London School of Economics Location: Fulton 101 Emergency Admissions and Hospital Incentives: Evidence from the English National Health Service By Thomas Hoe; University College London Presented by: Thomas Hoe, University College London Independent Sector Treatment Centres in the English NHS: Effects on neighbouring NHS hospitals By Zack Cooper; London School of Economics, Stephen Gibbons; Department of Geography and Environment, Matthew Skellern; London School of Economics Presented by: Matthew Skellern, London School of Economics pm 71 23 MARCH Walk this way: the impact of walk in health services on emergency hospital visits By Edward Pinchbeck; London School of Economics Presented by: Edward Pinchbeck, London School of Economics w e d n e s d ay am Financial Penalties for Readmissions in the English NHS By Søren Kristensen; University of Manchester, Matt Sutton; University of Manchester Presented by: Søren Kristensen, University of Manchester 2016 general t u e s d ay sessions 3 15.15 – 16.45 Session 66: Public Economics: Pensions and Savings am m o n d ay Session Chair: Benjamin Bittschi, Centre for European Economic Research (ZEW) Time: 15:15 to 16:45 Location: Fulton 104 The Retirement-Savings Puzzle Revisited: The Role of Housing as a Bequeathable Asset By Eduard Suari-Andreu; University of Groningen Presented by: Eduard Suari-Andreu, University of Groningen pm 21 m a r c h Ageing, Pension Reforms and the Shadow Economy By Daniel Baksa; Central European University, Zsuzsa Munkacsi; European University Institute, Bank of Lithuania, Vilnius University Presented by: Zsuzsa Munkacsi, European University Institute, Bank of Lithuania, Vilnius University Political (In)Stability of Social Security Reform By Krzysztof Makarski; Narodowy Bank Polski and Warsaw School of Economics, Joanna Tyrowicz; National Bank of Poland and University of Warsaw, Marcin Bielecki; Narodowy Bank Polski and University of Warsaw Presented by: Marcin Bielecki, Narodowy Bank Polski and University of Warsaw Voting on Retirement Age: The Role of Aging and Intergenerational Redistribution By Benjamin Bittschi; Centre for European Economic Research (ZEW), Berthold Wigger; Karlsruhe Institute of Technology (KIT) Presented by: Benjamin Bittschi, Centre for European Economic Research (ZEW) am t u e s d ay Session 67: Empirical Studies: Social InteractionsTime: 15:15 to 16:45 Session Chair: Ezgi Kaya, Cardiff University Location: Fulton 113 Your language or mine? By Ramon Caminal; Institute of Economic Analysis, CSIC Antonio Di Paolo; AQR-IREA, Universitat de Barcelona Presented by: Ramon Caminal, Institute of Economic Analysis, CSIC pm 22 m a r c h Homophily among International Students based on English-Name Usage: A Natural Experiment By Dafeng Xu; Cornell University Presented by: Dafeng Xu, Cornell University Young Adults Living with their Parents and the Influence of Peers By Effrosyni Adamopoulou; Bank of Italy, Ezgi Kaya; Cardiff University Presented by: Ezgi Kaya, Cardiff University Session 68: Experimental and Behavioural Economics: Bounded Rationality - Individual Choice 2Time: 15:15 to 16:45 Session Chair: Markus Dertwinkel-Kalt, University of Cologne Location: Fulton 114 am w e d n e s d ay Allais at the Horse Race: Testing Models of Ambiguity Aversion By Florian Schneider; University of Zurich, Martin Schonger; ETH Zurich Presented by: Martin Schonger, ETH Zurich The Benefits of Forced Experimentation: Striking Evidence from the London Underground Network By Shaun Larcom; University of Cambridge, Ferdinand Rauch; Oxford, Tim Willems; University of Oxford Presented by: Shaun Larcom, University of Cambridge pm 2 3 MA R C H Demand shifts through salience effects? An experimental investigation By Markus Dertwinkel-Kalt; Duesseldorf University, Tobias Wenzel; University of Bath Presented by: Markus Dertwinkel-Kalt, University of Cologne 72 general sessions t u e s d ay 3 2016 15.15 – 16.45 Session 69: International Economics: Multinationals and Vertical LinkagesTime: 15:15 to 16:45 Organizing the Global Value Chain: a firm-level test By Armando Rungi; IMT Institute for Advanced Studies - Lucca Presented by: Armando Rungi, IMT Institute for Advanced Studies - Lucca pm Trade Liberalization, Selection and technology adoption in a model with vertical linkages By Antonio Navas; University of Sheffield, Antonella Nocco; University of Salento Presented by: Antonio Navas, University of Sheffield 21 m a r c h Selection and Market Reallocation: Productivity Gains from Multinational Production By Laura Alfaro; Harvard Business School, Maggie Chen; George Washington University Presented by: Laura Alfaro, Harvard Business School m o n d ay Location: Fulton 205 am Session Chair: Antonio Navas, University of Sheffield Session 70: International Economics: Trade PolicyTime: 15:15 to 16:45 Session Chair: Maurizio Zanardi, Lancaster University Management School Location: Fulton 203 Re-estimating the effects of stricter standards on trade: endogeneity matters By Anirudh Shingal; World Trade Institute, University of Bern, Liliana Foletti; University of Geneva Presented by: Anirudh Shingal, World Trade Institute, University of Bern Session 71: International Economics: Open Economy Macroeconomics 1Time: 15:15 to 16:45 Location: Fulton 204 International Remittances in a Multilateral Model with Primary Commodities By Stephen Snudden; Queen’s University Presented by: Stephen Snudden, Queen’s University pm Session Chair: Pengfei Jia, University of Manchester 22 m a r c h Suspiciously Timed Trade Disputes By Paola Conconi; Universite Libre de Bruxelles (ECARES), David DeRemer; Hungarian Academy of Sciences, Georg Kirchsteiger; Universite Libre de Bruxelles, Lorenzo Trimarchi; Universite’ Libre de Bruxelles, Maurizio Zanardi; Lancaster University Management School Presented by: Maurizio Zanardi, Lancaster University Management School t u e s d ay am Bureaucrats or Politicians? Political Parties and Antidumping in the US By Tommaso Aquilante; Birmingham Business School Presented by: Tommaso Aquilante, Birmingham Business School Oil Prices, Terms of Trade and Optimal Monetary Policy By Marius Clemens; University of Potsdam Presented by: Marius Clemens, University of Potsdam am Capital Controls and Welfare with Cross-Border Bank Capital Flows By Pierre-Richard Agénor; University of Manchester, Pengfei Jia; University of Manchester Presented by: Pengfei Jia, University of Manchester 23 MARCH pm 73 w e d n e s d ay Central Bank Policy Responses to Volatile Capital Flows By Boyang Zhang; Cornell University Presented by: Boyang Zhang, Cornell University 2016 general t u e s d ay sessions 3 15.15 – 16.45 Session 72: Finance: Banking 2Time: 15:15 to 16:45 Session Chair: Rhiannon Sowerbutts, Bank of England Location: Fulton 206 am m o n d ay What is the major risk for central banks today? By Philippe Moutot; Directorate General Economics Presented by: Philippe Moutot, Directorate General Economics Market reaction to bank liquidity regulation By Brunella Bruno; Bocconi University, Enrico Onali; Aston Business School Klaus Schaeck; Lancaster University Presented by: Enrico Onali, Aston Business School pm 21 m a r c h Optimal Volatility, Covenants and Cost of Capital under Basel III Bail-in By Kenjiro Hori; Birkbeck, University of London Presented by: Kenjiro Hori, Birkbeck, University of London On a tight leash: Does bank organizational structure matter for macroprudential spillovers? By Piotr Danisewicz; Lancaster University, Dennis Reinhardt; Bank of England, Rhiannon Sowerbutts; Bank of England Presented by: Rhiannon Sowerbutts, Bank of England Session 73: Finance: Corporate Finance 2Time: 15:15 to 16:45 Session Chair: Saleem Bahaj, Bank of England Location: Fulton 207 am t u e s d ay How and when do firms adjust their investments toward targets? By Ralf Elsas; University of Munich, Catharina Klepsch; Ludwig-Maximilians-University Munich Presented by: Catharina Klepsch, Ludwig-Maximilians-University Munich pm 22 m a r c h Productivity and Liquidity Management: Theory and Evidence from an Emerging Market By Felix Feng; University of Notre Dame, Jianyu Lu; University of Notre Dame, Jing Wang; University of Notre Dame Presented by: Felix Feng, University of Notre Dame The banks that said no: banking relationships, credit supply and productivity in the UK By Jeremy Franklin; Bank of England, May Rostom; University College London & Bank of England, Gregory Thwaites; LSE & Bank of England Presented by: Jeremy Franklin, Bank of England Collateral Channels By Saleem Bahaj; Bank of England Presented by: Saleem Bahaj, Bank of England am w e d n e s d ay pm 2 3 MA R C H 74 general sessions t u e s d ay 3 2016 15.15 – 16.45 Session 74: Industrial Organisation: Other 1Time: 15:15 to 16:45 Session Chair: Volodymyr Bilotkach, Newcastle University Location: Fulton 202 pm Does Reference Pricing Drive Out Generic Competition in Pharmaceutical Markets? Evidence from a Policy Reform By Kurt Brekke; Norwegian School of Economics, Chiara Canta; Norwegian School of Economics, Odd Rune Straume; U Minho Presented by: Chiara Canta, Norwegian School of Economics 21 m a r c h The Impact of `A-Day’ on Executive Pensions and Pay for Performance By Ian Gregory-Smith; U Sheffield, Brian Main; University of Edinburgh, Alberto Montagnoli; University of Sheffield, Damon Morris; University of Sheffield, Peter Wright; University of Sheffield Presented by: Damon Morris, University of Sheffield m o n d ay am The Implications of Capital Regulation for Competition and Consumer Policy in the Banking Sector By Jacob Seifert; University of Manchester Presented by: Jacob Seifert, University of Manchester BALANCING COMPETITION AND COOPERATION: EVIDENCE FROM TRANSATLANTIC AIRLINE MARKETS By Volodymyr Bilotkach; Newcastle University, Kai Hueschelrath; ZEW Mannheim Presented by: Volodymyr Bilotkach, Newcastle University Location: Fulton 211 Towards the Greater Good? EU Commissioners’ Nationality and Budget Allocation in the European Union By Kai Gehring; Heidelberg University, Stephan Schneider; Heidelberg University Presented by: Kai Gehring, Heidelberg University am Session Chair: Giacomo De Luca, University of York pm Ethnic Favoritism: An Axiom of Politics? By Giacomo De Luca; University of York, Roland Hodler; University of St.Gallen, Paul Raschky; Monash University, Michele Valsecchi; University of Gothenburg Presented by: Giacomo De Luca, University of York 22 m a r c h Direct Democracy and Government Size: Evidence from Spain By Carlos Sanz; Princeton University Presented by: Carlos Sanz, Princeton University t u e s d ay Session 75: Political Economics: Institutions and Government SpendingTime: 15:15 to 16:45 Session 76: Macroeconomics: Business Cycles 3Time: 15:15 to 16:45 Session Chair: Gisle Natvik, BI Norwegian Business School Location: Fulton 208 Real Wages and the Manifestation of Financial Crises By Alex Clymo; London School of Economics Presented by: Alex Clymo, London School of Economics Asymmetries in Labor Market Fluctuations By Carlo Pizzinelli; University of Oxford, Francesco Zanetti; University of Oxford Presented by: Francesco Zanetti, University of Oxford pm 75 23 MARCH Housing, debt, and the marginal propensity to consume By Jiaxiong Yao; Johns Hopkins University, Andreas Fagereng; Statistics Norway, Gisle Natvik; BI Norwegian Business School Presented by: Gisle Natvik, BI Norwegian Business School w e d n e s d ay am Rebuilding Household Credit Histories: Slow Jobless Recovery from Mortgage Crises By Guannan Luo; City University of Hong Kong Presented by: Guannan Luo, City University of Hong Kong 2016 general t u e s d ay sessions 3 15.15 – 16.45 Session 77: Macroeconomics: Fiscal Policy 1Time: 15:15 to 16:45 Session Chair: Marcel Ribeiro, Sao Paulo School of Economics - FGV Location: Fulton 210 am m o n d ay Fiscal Discipline on Monetary Policy By Antoine Camous; University of Mannheim Presented by: Antoine Camous, University of Mannheim Debt consolidation with long-term debt By Alexander Scheer; University of Bonn Presented by: Alexander Scheer, University of Bonn pm 21 m a r c h Debt Maturity, Monetary Policy and Fiscal Sustainability without Commitment By Dmitry Matveev; University of Mannheim Presented by: Dmitry Matveev, University of Mannheim A model of the confidence channel of fiscal policy By Marcel Ribeiro; Sao Paulo School of Economics - FGV, Bernardo Guimaraes; Sao Paulo School of Economics - FGV, Caio Machado; Sao Paulo School of Economics - FGV Presented by: Marcel Ribeiro, Sao Paulo School of Economics - FGV Session 78: Macroeconomics: BanksTime: 15:15 to 16:45 Session Chair: Sebastiaan Pool, De Nederlandsche Bank Location: Fulton 209 am t u e s d ay Exploring determinants of firms’ participation in the new offshore renminbi debt securities market By Paul Mizen; University of Nottingham, Serafeim Tsoukas; University of Glasgow Presented by: Serafeim Tsoukas, University of Glasgow Banks are not intermediaries of loanable funds - and why this matters By Zoltan Jakab; International Monetary Fund, Michael Kumhof; Bank of England Presented by: Michael Kumhof, Bank of England Anticipation and Materialization of Credit Default Risk By Sebastiaan Pool; De Nederlandsche Bank Presented by: Sebastiaan Pool, De Nederlandsche Bank pm 22 m a r c h Bank lending and firm dynamics in general equilibrium By Yingnan Zhao; University of Zurich Presented by: Yingnan Zhao, University of Zurich Session 79: Econometrics: ForecastingTime: 15:15 to 16:45 Session Chair: Ana Beatriz Galvao, University of Warwick Location: Fulton 214 Models, Information and Expectations Updates By Raffaella Giacomini; UCL, Vasiliki Skreta; University College London, Javier Turen; UCL Presented by: Javier Turen, UCL am w e d n e s d ay Comparing predictive accuracy in small samples By Laura Coroneo; University of York, Fabrizio Iacone; University of York Presented by: Laura Coroneo, University of York Testing Forecast Accuracy in Small Samples By David Harvey; University of Nottingham, Stephen Leybourne; University of Nottingham, Emily Whitehouse; University of Nottingham Presented by: Emily Whitehouse, University of Nottingham pm 2 3 MA R C H A comprehensive evaluation of macroeconomic forecasting methods By Andrea Carriero; Queen Mary Univerity of London, Ana Beatriz Galvao; University of Warwick, George Kapetanios; Queen Mary, University of London Presented by: Ana Beatriz Galvao, University of Warwick 76 general sessions t u e s d ay 3 2016 15.15 – 16.45 Session 80: Economic Theory: Incomplete Information GamesTime: 15:15 to 16:45 Cheap Talk with Correlated Signals By Sergio Currarini; University of Leicester Presented by: Sergio Currarini, University of Leicester pm Contracting for Experimentation and the Value of Bad News By Sinem Hidir; University of Warwick Presented by: Sinem Hidir, University of Warwick Rumours and Cheap Talk By Bartosz Redlicki; University of Cambridge Presented by: Bartosz Redlicki, University of Cambridge 21 m a r c h Monitoring, Punishment and Selective Reporting By Matthias Dahm; University of Nottingham, Paula Gonzalez; Universidad Pablo de Olavide, Nicolás Porteiro; Universidad Pablo de Olavide Presented by: Matthias Dahm, University of Nottingham m o n d ay Location: Fulton 201 am Session Chair: Bartosz Redlicki, University of Cambridge Session 81: Economic Theory: Mechanism DesignTime: 15:15 to 16:45 Session Chair: Xu Lang, Tilburg University Location: Fulton 201 The Design of Teacher Assignment: Theory and Evidence By Camille Terrier; Paris School of Economics, CEP (London School of Economics) Presented by: Camille Terrier, Paris School of Economics, CEP (London School of Economics) pm Implementation of Vector-Valued Reduced Form Allocation Rules By Xu Lang; Tilburg University Presented by: Xu Lang, Tilburg University 22 m a r c h Efficient Coalition-Proof Budget-Balanced Mechanism Design By Mikhail Safronov; University of Cambridge Presented by: Mikhail Safronov, University of Cambridge t u e s d ay am School choice mechanisms, peer effects and sorting By Caterina Calsamiglia; CEMFI, Francisco Martínez Mora; University of Leicester, Antonio Miralles; Universitat Autonoma de Barcelona Presented by: Francisco Martínez Mora, University of Leicester Session 82: Exchange Rates, Exports, and Economic GrowthTime: 15:15 to 16:45 Session Chair: Mahvash Qureshi, International Monetary Fund Location: Fulton 213 Robust Correlates of Growth Spells: Do Inequality and Redistribution Matter? By Andros Kourtellos; University of Cyprus, Charalambos Tsangarides; International Monetary Fund Presented by: Charalambos Tsangarides, International Monetary Fund Who’s Afraid of Appreciation? By Irina Andone; Uppsala University, Atish Ghosh; International Monetary Fund, Mahvash Qureshi; International Monetary Fund Presented by: Mahvash Qureshi, International Monetary Fund 23 MARCH pm 77 w e d n e s d ay am Currency Misalignment, Export Prices, and Growth in the Manufacturing Sector By Naotaka Sugawara; International Monetary Fund Presented by: Naotaka Sugawara, International Monetary Fund 2016 general sessions w e d n e s d ay 09.00 – 10.30 4 Session 88: Development Economics: Field ExperimentsTime: 9:00 to 10:30 am m o n d ay Session Chair: Dagmara Celik Katreniak, CERGE-EI Location: Fulton 107 Generalizing the Results from Social Experiments: Theory and Evidence from Mexico and India By Michael Gechter; The Pennsylvania State University Presented by: Michael Gechter, The Pennsylvania State University pm 21 m a r c h Can Rationality Be Taught? Experimental Evidence from India By Chris Ksoll; University of Ottawa, Annemie Maertens; University of Sussex Presented by: Annemie Maertens, University of Sussex Networks, Power and Prosociality: Evidence from Bargaining in the Field By Ben D’Exelle; University of East Anglia, Christine Gutekunst; Maastricht University, Arno Riedl; Maastricht University Presented by: Arno Riedl, Maastricht University Dark side of incentives: evidence from a randomized control trial in Uganda By Dagmara Celik Katreniak; CERGE-EI Presented by: Dagmara Celik Katreniak, CERGE-EI Session 89: Development Economics: ConflictTime: 9:00 to 10:30 Session Chair: Veronica Preotu, University of Geneva Location: Fulton 106 am t u e s d ay Return migration and economic outcomes in the conflict context By Sonja Fransen; Maastricht University, Isabel Ruiz; University of Oxford, Carlos Vargas-Silva; University of Oxford Presented by: Isabel Ruiz, University of Oxford Child Labour and Conflict: Evidence from Afghanistan By Chiara Kofol; Royal Holloway University of London Presented by: Chiara Kofol, Royal Holloway University of London pm 22 m a r c h The Development Push of Refugees: Evidence from Tanzania By Jean-Francois Maystadt; Lancaster University Management School, Gilles Duranton; University of Pennsylvania Presented by: Jean-Francois Maystadt, Lancaster University Management School Fighters’ Drain: The Effect of Emigration on Civil Conflict By Veronica Preotu; University of Lausanne Presented by: Veronica Preotu, University of Geneva Session 90: Development Economics: Microeconomic Issues 1Time: 9:00 to 10:30 Session Chair: Sarah Sandford, ESSEC Business School Location: Fulton 109 am w e d n e s d ay Impact of providing orthotic equipment to people with disabilities: experimental evidence from Uganda By Sarah Bridges; School of Economics, Alessio Gaggero; University of Nottingham, Trudy Owens; University of Nottingham Presented by: Trudy Owens, University of Nottingham Social Networks and Health Insurance Utilization By Sisir Debnath; Indian School of Business, Manvendra Singh; Indian School of Business Presented by: Sisir Debnath, Indian School of Business pm 2 3 MA R C H No strings attached: aid conditionality and mission conflict By Sarah Sandford, Matthew Skellern; London School of Economics Presented by: Sarah Sandford, ESSEC Business School 78 general sessions w e d n e s d ay 4 2016 09.00 – 10.30 Session 91: Labour Economics: Demography and Gender 4Time: 9:00 to 10:30 Women’s economic opportunities and the intra-household production of child human capital By Marianne Bruins; Oxford University Presented by: Marianne Bruins, Oxford University pm The Rise of Female Entrepreneurs: New Evidence on Gender Differences in Liquidity Constraints By Tanya Wilson; University of Stirling Presented by: Tanya Wilson, University of Stirling 21 m a r c h The Impact of Marriage Property Law on Spouses’ Marriage-specic Investments By Daniela Piazzalunga; University of Turin Presented by: Daniela Piazzalunga, University of Turin m o n d ay Location: Fulton 110 am Session Chair: Mehmet Soytas, Ozyegin University What is the source of the intergenerational correlation in earnings? By George-Levi Gayle; Washington Unversity in St. Louis, Limor Golan; Washington Unversity in St. Louis, Mehmet Soytas; Ozyegin University Presented by: Mehmet Soytas, Ozyegin University Session 92: Labour Economics: Demography and Gender 5Time: 9:00 to 10:30 Session Chair: Friederike Mengel, University of Essex and Maastricht University Location: Fulton 111 Gender differences in networking By Friederike Mengel; University of Essex and Maastricht University Presented by: Friederike Mengel, University of Essex and Maastricht University Session Chair: Panagiotis Giannarakis, University of Southampton pm Session 93: Labour Economics: Productivity and Labour SupplyTime: 9:00 to 10:30 22 m a r c h Gender differences and stereotypes in the beauty contest By Maria Cubel; University of Barcelona, Santiago Sanchez-Pages; University of Barcelona Presented by: Maria Cubel, University of Barcelona t u e s d ay am Kings, Queens and stereotype threats By Peter Backus; University of Manchester, Maria Cubel; University of Barcelona, Matej Guid; University of Ljubljana, Enrique Lopez Manas; Sixt Presented by: Peter Backus, University of Manchester Location: Fulton 112 Wishing for bad weather: demand shocks and the labor supply of Bologna Pizza Vendors By Alessandro Saia; University of Bologna and OECD Presented by: Alessandro Saia, University of Bologna and OECD The Optimal Length of the Working Day: Evidence from Hawthorne Experiments By Peter Dolton; University of Sussex, Chris Howorth; Royal Holloway College, University of London, Mohamed Abouaziza; University of Sussex Presented by: Mohamed Abouaziza, University of Sussex pm 79 23 MARCH Can Job Displacements explain the UK’s Productivity Puzzle? By Panagiotis Giannarakis; University of Southampton Presented by: Panagiotis Giannarakis, University of Southampton w e d n e s d ay am Productivity Effects of Air Pollution: Evidence from Professional Football By Andreas Lichter; IZA, Nico Pestel; Institute for the Study of Labor (IZA), Eric Sommer; Institute for the Study of Labor (IZA) Presented by: Nico Pestel, Institute for the Study of Labor (IZA) 2016 general sessions w e d n e s d ay 09.00 – 10.30 4 Session 94: Public Economics: Economics of Education 3Time: 9:00 to 10:30 am m o n d ay Session Chair: Jonathan James, University of Bath Location: Fulton 103 The Effects of Compulsory Military Service Exemption on Education and Labor Market Outcomes: Evidence from a Natural Experiment By Semih Tumen; Central Bank of the Republic of Turkey Presented by: Semih Tumen, Central Bank of the Republic of Turkey pm 21 m a r c h Wages, Teacher Qualifications and Student Achievement By Hege Marie Gjefsen; Statistics Norway Presented by: Hege Marie Gjefsen, Statistics Norway EFFICIENCY IN PRIMARY EDUCATION IN ENGLAND: An Empirical Analysis on Resource Utilisation and Relative-Efficiency in Primary Schooling By Margaret Antony; Royal Holloway, University of London Presented by: Margaret Antony, Royal Holloway, University of London Fertility Timing and Education By Jonathan James; University of Bath, Suncica Vujic; University of Antwerp Presented by: Jonathan James, University of Bath Session 95: Public Economics: Environmental and Natural Resource Economics 4Time: 9:00 to 10:30 Session Chair: Marc Gronwald, University of Aberdeen Location: Fulton 102 am t u e s d ay Green Returns to Education: Does Schooling Contribute to Pro-Environmental Behaviours? Evidence from Thailand By Thanyaporn Chankrajang; Chulalongkorn University, Raya Muttarak; Wittgenstein Centre for Demography and Global Human Capital Presented by: Thanyaporn Chankrajang, Chulalongkorn University pm 22 m a r c h Destructive Intergenerational Altruism By Geir Asheim; University of Oslo, Frikk Nesje; University of Oslo Presented by: Frikk Nesje, University of Oslo Simultaneous Supplies of Dirty and Green Fuels with Capacity Constraint: Is there a Green Paradox? By Marc Gronwald; University of Aberdeen, Luise Roepke; ifo Institute of Economic Research Ngo Van Long; McGill University Presented by: Marc Gronwald, University of Aberdeen Session 96: Public Economics: Health 3Time: 9:00 to 10:30 Session Chair: Alex Trew, University of St Andrews Location: Fulton 101 There’s Something in the Air: Air Pollution Causes Violent Crime By Anthony Heyes; University of Ottawa, Soodeh Saberian; University of Ottawa Presented by: Anthony Heyes, University of Ottawa am w e d n e s d ay VOG: Using Volcanic Eruptions to Estimate the Health Costs of Particulates By Timothy Halliday; University of Hawaii at Manoa, John Lynham; University of Hawaii, Aureo de Paula; University College London Presented by: Aureo de Paula, University College London Air pollution, foetal mortality, and long-term health: Evidence from the Great London Smog By Alastair Ball; Birkbeck Presented by: Alastair Ball, Birkbeck pm 2 3 MA R C H East Side Story By Stephan Heblich; University of Bristol, Alex Trew; University of St Andrews, Yanos Zylberberg; University of Bristol Presented by: Alex Trew, University of St Andrews 80 general sessions w e d n e s d ay 4 2016 09.00 – 10.30 Session 97: Public Economics: Taxation 2Time: 9:00 to 10:30 Session Chair: Michael Kvasnicka, Otto-von-Guericke Universität Magdeburg Location: Fulton 113 pm Income Inequality, Tax Policy, and Economic Growth By Siddhartha Biswas; University of North Carolina, Chapel Hill, Indraneel Chakraborty; Southern Methodist University, Rong Hai; University of Chicago Presented by: Rong Hai, University of Chicago 21 m a r c h Income Taxes, Sorting, and the Costs of Housing: Evidence from Municipal Boundaries in Switzerland By Maximilian von Ehrlich; University of Bern, Andrea Lassmann; ETH Zurich, Christoph Basten; ETH Zurich & FINMA Presented by: Andrea Lassmann, ETH Zurich m o n d ay am Non-linear commodity taxation in developing countries: theory and an application to India By Lucie Gadenne; University of Warwicik Presented by: Lucie Gadenne, University of Warwicik International Tax Evasion. Risks of Detection and Voluntary Disclosures By Michael Kvasnicka; Otto-von-Guericke Universität Magdeburg, Dirk Bethmann; Korea University Presented by: Michael Kvasnicka, Otto-von-Guericke Universität Magdeburg Session 98: Empirical Studies: WellbeingTime: 9:00 to 10:30 Session Chair: Holguer Jara Tamayo, Institute for Social and Economic Research Location: Fulton 213 Historical Analysis of National Subjective Wellbeing Using Millions of Digitized Books By Daniel Sgroi; University of Warwick, Eugenio Proto; Warwick University Presented by: Daniel Sgroi, University of Warwick pm Can’t get no satisfaction? Large-scale comparison of experienced vs decision utility By Holguer Jara Tamayo; Institute for Social and Economic Research Presented by: Holguer Jara Tamayo, Institute for Social and Economic Research 22 m a r c h Monetary Policy, Interest Rates, and Subjective Well-Being: How do Interest Rate Changes Influence the Well-Being of Savers, Net Borrowers, and Homeowners? By Christopher Boyce; University of Stirling, Liam Delaney; University of Stirling, David Blanchflower; Dartmouth College, Alex Wood; University of Stirling Presented by: Christopher Boyce, University of Stirling t u e s d ay am Subjective well-being and social preferences. Evidence from survey data By Johannes Eigner; The University of Edinburgh Presented by: Johannes Eigner, The University of Edinburgh Session 99: Experimental and Behavioural Economics: Experiments - GamesTime: 9:00 to 10:30 Session Chair: Matteo M Galizzi, London School of Economics Location: Fulton 114 Incentives to cheat under loss aversion By Lara Ezquerra; Middlesex University London Presented by: Lara Ezquerra, Middlesex University London pm 81 23 MARCH On the External Validity of Social Preference Games: A Systematic Lab-Field Study By Matteo M Galizzi; London School of Economics,Daniel Navarro-Martinez; Pompeu Fabra University Presented by: Matteo M Galizzi, London School of Economics w e d n e s d ay am Bargaining with a Residual Claimant: An Experimental Study By Matthew Embrey; University of Sussex, Kyle Hyndman; University of Texas, Dallas, Arno Riedl; Maastricht University Presented by: Matthew Embrey, University of Sussex 2016 general sessions w e d n e s d ay 09.00 – 10.30 4 Session 100: International Economics: Foreign Direct InvestmentTime: 9:00 to 10:30 am m o n d ay Session Chair: Ragnhild Balsvik, Norwegian School of Economics Location: Fulton 204 Outward FDI and Domestic Input Distortions: Evidence from Chinese Firms By Miaojie Yu; Peking University Presented by: Miaojie Yu, Peking University Rent Sharing with Footloose Production: Foreign Ownership and Wages Revisited By Ragnhild Balsvik; Norwegian School of Economics, Morten Sæthre; Norwegian School of Economics Presented by: Ragnhild Balsvik, Norwegian School of Economics pm 21 m a r c h Acquisition FDI and the Knowledge Production Function By Maria Garcia-Vega; Nottingham University, Richard Kneller; University of Nottingham Presented by: Maria Garcia-Vega, Nottingham University Session 101: International Economics: Emerging MarketsTime: 9:00 to 10:30 Session Chair: Martin Bijsterbosch, European Central Bank Location: Fulton 205 What Slice of the Pie? The Corporate Bond Market Boom in Emerging Economies By Milan Nedeljkovic; National Bank of Serbia, Christian Saborowski; International Monetary Fund Presented by: Milan Nedeljkovic, National Bank of Serbia am t u e s d ay Global Economic Divergence and Portfolio Capital Flows to Emerging Markets By Zeyyad Mandalinci; Queen Mary, University of London, Haroon Mumtaz; Queen Mary Presented by: Zeyyad Mandalinci, Queen Mary, University of London Spillovers of U.S. Unconventional Monetary Policy to Emerging Markets: The Role of Capital Flows By Pablo Anaya; DIW Berlin, Michael Hachula; DIW Berlin, Christian Offermanns; Institute for Employment Research Presented by: Pablo Anaya, DIW Berlin pm 22 m a r c h Domestic and multilateral effects of capital controls in emerging markets By Gurnain Pasricha; Bank of Canada, Matteo Falagiarda; University of Bologna Martin Bijsterbosch; European Central Bank, Joshua Aizenman; USC and the NBER Presented by: Martin Bijsterbosch, European Central Bank Session 102: Finance: Banking 3Time: 9:00 to 10:30 Session Chair: Francois Koulischer, Banque de France Location: Fulton 206 The Limits of Lending: Banks and Technology Adoption across Russia By Cagatay Bircan; EBRD, Ralph De Haas; EBRD Presented by: Cagatay Bircan, EBRD Financial Integration and Growth: Banks’ Previous Industry Exposure Matters By Neslihan Dincbas; HEC Paris, Tomasz Michalski; HEC Paris, Evren Ors; HEC Paris Presented by: Tomasz Michalski, HEC Paris am w e d n e s d ay The collateral channel of open market operations: Evidence from the European Central Bank By Francois Koulischer; Banque de France Presented by: Francois Koulischer, Banque de France pm 2 3 MA R C H 82 general sessions w e d n e s d ay 4 2016 09.00 – 10.30 Session 103: Finance: Corporate Finance 3Time: 9:00 to 10:30 Session Chair: Simon Ray, Aix-Marseille University;Banque de France Location: Fulton 207 pm Stabilising house prices: the role of housing futures trading By Arzu Uluc; Bank of England Presented by: Arzu Uluc, Bank of England Real-Estate Prices and Corporate Investment in France By Simon Ray; Aix-Marseille University;Banque de France Presented by: Simon Ray, Aix-Marseille University;Banque de France 21 m a r c h A TALE OF FRAGMENTATION: CORPORATE FUNDING IN THE EURO-AREA BOND MARKET By Andrea Zaghini; Banca d’Italia Presented by: Andrea Zaghini, Banca d’Italia m o n d ay am Explaining the Boom-Bust Cycle in the U.S. Housing Market: A ReverseEngineering Approach By Paolo Gelain; Norges Bank, Kevin Lansing; Federal Reserve Bank of San Francisco, Gisle Natvik; BI Norwegian Business School Presented by: Kevin Lansing, Federal Reserve Bank of San Francisco Session 104: Finance: OtherTime: 9:00 to 10:30 Session Chair: Xu Tian, University of Rochester Location: Fulton 208 am The role of financial deepening, breadth and stability in poverty reduction By Johan Rewilak; University of Huddersfield Presented by: Johan Rewilak, University of Huddersfield Inter-generational risk sharing characteristics of pensions By Rhys ap Gwilym; Bangor University Presented by: Rhys ap Gwilym, Bangor University Session Chair: Franco Mariuzzo, University of East Anglia pm Session 105: Industrial Organisation: Other 2Time: 9:00 to 10:30 Location: Fulton 202 22 m a r c h Securitization, Private Investment, and Creditor Protection By Kartik Anand; Deutsche Bundesbank, Prasanna Gai Presented by: Kartik Anand, Deutsche Bundesbank t u e s d ay Dating Systemic Financial Stress Episodes in the EU Countries By Thibaut Duprey; Bank of Canada, Benjamin Klaus; ECB, Tuomas Peltonen; European Central Bank Presented by: Benjamin Klaus, ECB All in the family? CEO succession and firm organization By Daniela Scur; University of Oxford, Renata Lemos; Centre for Economic Performance Presented by: Daniela Scur, University of Oxford am Economics of Music Chart Toppers: Market Size, Market Concentration and Product Variety By Joanna Syrda; University of Bath Presented by: Joanna Syrda, University of Bath pm 83 23 MARCH Updates Management in Mobile Applications. iTunes vs Google Play By Franco Mariuzzo; University of East Anglia, Stefano Comino; Universita’ di Udine, Fabio Manenti; Universita’ di Padova Presented by: Franco Mariuzzo, University of East Anglia w e d n e s d ay Industrial Espionage in Duopoly Games By Maria Kozlovskaya; University of Huddersfield and University of Leicester Presented by: Maria Kozlovskaya, University of Huddersfield and University of Leicester 2016 general sessions w e d n e s d ay 09.00 – 10.30 4 Session 106: Political Economics: Voting and Elections 2Time: 9:00 to 10:30 am m o n d ay Session Chair: Matteo Alpino, University of Oslo Location: Fulton 212 Do national political parties matter? Evidence from Italian municipalities. By Matteo Gamalerio; University of Warwick Presented by: Matteo Gamalerio, University of Warwick pm 21 m a r c h Voter Fatigue and Turnout By Sebastian Garmann; TU Dortmund Presented by: Sebastian Garmann, TU Dortmund Registration Costs and Voter Turnout: Evidence from a Natural Experiment By Rachana Bhatt; University System of Georgia Board of Regents, Evgenia Dechter; University of New South Wales, Richard Holden; University of New South Wales Presented by: Evgenia Dechter, University of New South Wales Would you vote for me if I lower your taxes? By Matteo Alpino; University of Oslo Presented by: Matteo Alpino, University of Oslo Session 107: Macroeconomics: Credit ConstraintsTime: 9:00 to 10:30 Session Chair: Helen Miller, Institute for Fiscal Studies Location: Fulton 211 am t u e s d ay Firms’ precautionary savings and employment during a credit crisis By Davide Melcangi; University College London Presented by: Davide Melcangi, University College London Capital Misallocation during the Great Recession By Alessandro Di Nola; University of Konstanz Presented by: Alessandro Di Nola, University of Konstanz pm 22 m a r c h Firm level investment spikes: evidence from the UK’s Great Recession By Helen Miller; Institute for Fiscal Studies, Richard Disney; Institute for Fiscal Studies, Thomas Pope; Institute for Fiscal Studies Presented by: Helen Miller, Institute for Fiscal Studies Session 108: Macroeconomics: Fiscal Policy 2Time: 9:00 to 10:30 Session Chair: Mihály Borsi, Banco de España Location: Fulton 210 Local and Aggregate Fiscal Policy Multipliers By Bill Dupor; Federal Reserve Bank of St. Louis Presented by: Bill Dupor, Federal Reserve Bank of St. Louis am w e d n e s d ay Fiscal policy coordination in currency unions (at the zero lower bound) By Thomas Hettig; Bonn Graduate School of Economics and University of Tübingen, Gernot Mueller; University of Tuebingen Presented by: Thomas Hettig, Bonn Graduate School of Economics and University of Tübingen US Monetary and Fiscal Policies - Conflict or Cooperation? By Xiaoshan Chen; Durham University, Campbell Leith; University of Glasgow Presented by: Xiaoshan Chen, Durham University Fiscal multipliers across the credit cycle By Mihály Borsi; Banco de España Presented by: Mihály Borsi, Banco de España pm 2 3 MA R C H 84 general sessions w e d n e s d ay 4 2016 09.00 – 10.30 Session 109: Macroeconomics: Monetary Policy 1Time: 9:00 to 10:30 Session Chair: Anindya Banerjee, University of Birmingham Location: Fulton 209 pm A Dynamic Factor Model of Interest Rate Pass Through for Two Large Euro Area Countries By Anindya Banerjee; University of Birmingham, Victor Bystrov; University of Lodz Paul Mizen; University of Nottingham Presented by: Anindya Banerjee, University of Birmingham 21 m a r c h Rescuing the interest rate pass-through in crisis times: How ECB’s (non)standard monetary policies tackled tensions in banks’ financing By Francesco Mongelli; European Central Bank Presented by: Francesco Mongelli, European Central Bank m o n d ay am Forward Guidance as a Monetary Policy Rule By Mitsuru Katagiri; Bank of Japan Presented by: Mitsuru Katagiri, Bank of Japan Session 110: Economic HistoryTime: 9:00 to 10:30 Session Chair: Philipp Ager, University of Southern Denmark Location: Fulton 203 Winners and Losers from Globalization: Why Both European and US Farmers Were Angry in the Grain Invasion Era, 1870-1900 By Karl Gunnar Persson; University of Copenhagen, Paul Sharp; University of Southern Denmark Presented by: Paul Sharp, University of Southern Denmark Session 111: Econometrics: Treatment EffectsTime: 9:00 to 10:30 Location: Fulton 214 pm Session Chair: Frank Windmeijer, University of Bristol Synthesizing Cash for Clunkers: Stabilizing the Car Market, Hurting the Environment By Stefan Klößner; Saarland University, Gregor Pfeifer; U Hohenheim Presented by: Gregor Pfeifer, U Hohenheim 22 m a r c h Agricultural Income and Fertility By Philipp Ager; University of Southern Denmark, Markus Brueckner; University of Queensland Benedikt Herz; European Commission Presented by: Philipp Ager, University of Southern Denmark t u e s d ay am War News and Exchange Rates During World War I: The Eastern Front versus the Western Front By Pablo Duarte; Leipzig University, Marcel Freidinger; Leipzig University Andreas Hoffmann; Leipzig University Presented by: Andreas Hoffmann, Leipzig University Equality-Minded Treatment Choice By Toru Kitagawa; University College London, Aleksey Tetenov; Collegio Carlo Alberto Presented by: Aleksey Tetenov, University of Bristol 23 MARCH pm 85 w e d n e s d ay am Selecting (In)Valid Instruments for Instrumental Variables Estimation By Frank Windmeijer; University of Bristol, Helmut Farbmacher; Max Planck Society, Neil Davies; University of Bristol, George Davey Smith; Bristol University, Ian White; MRC Biostatistic Unit, Cambridge Presented by: Frank Windmeijer, University of Bristol 2016 general sessions w e d n e s d ay 09.00 – 10.30 4 Session 112: Economic Theory: Evolution and LearningTime: 9:00 to 10:30 am m o n d ay Session Chair: Daniel C. Opolot, Maastricht University Location: Fulton 201 Non-Monotone Observational Learning By Min Zhang; University of St Andrews Presented by: Min Zhang, University of St Andrews pm 21 m a r c h Intra- and Intergroup Conflicts: Theory and Experiment in Continuous Time By Volker Benndorf; Duesseldorf Institute for Competition Economics Hans-Theo Normann; U Düsseldorf Presented by: Volker Benndorf, Duesseldorf Institute for Competition Economics Reference Points and Learning By Alan Beggs; Wadham College Presented by: Alan Beggs, Wadham College Costly word-of-mouth learning in networks By Daniel C. Opolot; Maastricht University Theophile Azomahou; Maastricht University and UNU-MERIT Presented by: Daniel C. Opolot, Maastricht University am t u e s d ay pm 22 m a r c h am w e d n e s d ay pm 2 3 MA R C H 86 general sessions w e d n e s d ay 5 2016 11.00 – 12.30 Session 113: Development Economics: Gender 2Time: 11:00 to 12:30 Gender and Constraints to Entrepreneurship in Africa: New Evidence from Swaziland By Zuzana Brixiova; University of Cape Town, Thierry KANGOYE; African Development Bank Presented by: Zuzana Brixiova, University of Cape Town pm Non-Contributory Pensions and Households’ Decisions. Evidence from Bolivia By Miguel Ángel Borrella Mas; University of Navarra, Mariano Bosch; Inter-American Development Bank, Marcello Sartarelli; University of Alicante Presented by: Miguel Ángel Borrella Mas, University of Navarra 21 m a r c h Economic Growth and Evolution of Gender Equality By Tatiana Damjanovic; Durham University, Geethanjali Selvaretnam; University of Glasgow Presented by: Geethanjali Selvaretnam, University of Glasgow m o n d ay Location: Fulton 106 am Session Chair: Karen Roopnarine, University of Nottingham Glass Ceilings or Sticky Floors? Beyond the Mean Gender Wage Gap: Decomposition of Gender Wage Differentials in Trinidad and Tobago using Quantile Decompositions By Karen Roopnarine; University of Nottingham Presented by: Karen Roopnarine, University of Nottingham Session 114: Development Economics: Microeconomic Issues 2Time: 11:00 to 12:30 Where is All the Education Going? Literacy and Numeracy Gaps among Children in Ethiopia By Neha Batura; University College London, Stefan Dercon; DFID and University of Oxford Presented by: Neha Batura, University College London pm Early Life Experiences and Adult Fertility Behavior: Evidence from Indonesia By Dhanushka Thamarapani; Clark University, Marc Rockmore; Clark University, Willa Friedman; University of Houston Presented by: Marc Rockmore, Clark University 22 m a r c h Calamity, Conflict and Cash Transfers: How Violence Affects Access to Aid in Pakistan By Yashodhan Ghorpade; University of Sussex Presented by: Yashodhan Ghorpade, University of Sussex t u e s d ay Location: Fulton 107 am Session Chair: Sofya Krutikova, Institute for Fiscal Studies Fetal Origins of Personality: Effects of early life circumstances on adult personality traits By Sofya Krutikova; Institute for Fiscal Studies, Helene Bie Lilleør; Rockwool Foundation Presented by: Sofya Krutikova, Institute for Fiscal Studies Session Chair: Ramona Molitor, University of Passau Location: Fulton 110 am Is Marriage a White Institution? Understanding the Racial Marriage Divide By Elizabeth Caucutt; University of Western Ontario, Nezih Guner; ICREA-MOVE, UAB and Barcelona GSE, Christopher Rauh; University of Cambridge Presented by: Christopher Rauh, University of Cambridge 87 pm Birth Order and Health of Newborns: What Can We Learn from Danish Registry Data? By Anne Ardila Brenøe; University of Copenhagen, Ramona Molitor; University of Passau Presented by: Ramona Molitor, University of Passau 23 MARCH Increasing the credibility of the twin birth instrument By Helmut Farbmacher; Max Planck Society, Raphael Guber; Munich Center for the Economics of Aging, Johan Vikström; IFAU-Uppsala Presented by: Helmut Farbmacher, Max Planck Society w e d n e s d ay Session 115: Labour Economics: Demography and Gender 6Time: 11:00 to 12:30 2016 general sessions w e d n e s d ay 11.00 – 12.30 5 Session 116: Labour Economics: Income Distribution and InequalityTime: 11:00 to 12:30 am m o n d ay Session Chair: Marcel Timmer, University of Groningen Location: Fulton 109 Task Specialization within Establishments and the decline of Routine Employment By Andrea Salvatori; University of Essex, Matías Cortés; University of Manchester Presented by: Andrea Salvatori, University of Essex pm 21 m a r c h A Reassessment of the Relationship Between Income Inequality and Economic Growth: New Empirical Evidence from China By Wencong Chen; University of Bath Presented by: Wencong Chen, University of Bath Is Technical Change Factor Biased? An Analysis of Factor Cost Shares in the Global Manufacturing Value Chain By Marcel Timmer; University of Groningen, Xianjia Ye; Rijksuniversiteit Groningen Presented by: Marcel Timmer, University of Groningen Session 117: Labour Economics: Migration 3Time: 11:00 to 12:30 Session Chair: Xuezhu Shi, London School of Economics Location: Fulton 111 Country-Specific Preferences and Employment Rates in Europe By Simone Moriconi; Università Cattolica di Milano, Giovanni Peri; University of Califonia, Davis Presented by: Simone Moriconi, Università Cattolica di Milano am t u e s d ay How do regional labor markets adjust to immigration? A dynamic analysis for post-war Germany By Henning Weber; Bundesbank, Sebastian Braun; Kiel Institute for the World Economy Presented by: Henning Weber, Bundesbank Locked out? China’s Health Insurance Scheme and Labour Migration By Xuezhu Shi; London School of Economics Presented by: Xuezhu Shi, London School of Economics pm 22 m a r c h The Contribution of Foreign Migrants to Local Labor Market Adjustment By Michael Amior; University of Cambridge Presented by: Michael Amior, University of Cambridge Session 118: Labour Economics: Returns to Education 2Time: 11:00 to 12:30 Session Chair: Federico Rossi, LSE Location: Fulton 112 The Long-Term Impacts of Troublesome Childhood Peers: Evidence from Project STAR By Jan Bietenbeck; Lund University and IZA Presented by: Jan Bietenbeck, Lund University and IZA am w e d n e s d ay EVALUATING NON-COMPULSORY EDUCATIONAL INTERVENTIONS - THE CASE OF PEER ASSISTED STUDY GROUPS By Ralf Becker; University of Manchester Presented by: Ralf Becker, University of Manchester How schooling affects intelligence and lifetime wealth accumulation By Alessandro Martinello; Lund University, Paul Bingley; Danish National Centre for Social Research SFI Presented by: Alessandro Martinello, Lund University Parents, Schools and Human Capital Differences across Countries By Marta De Philippis; Bank of Italy, London School of Economics, Federico Rossi; LSE Presented by: Federico Rossi, LSE pm 2 3 MA R C H 88 general sessions w e d n e s d ay 5 2016 11.00 – 12.30 Session 119: Public Economics: Health 4Time: 11:00 to 12:30 Session Chair: Wiktoria Tafesse, University of Sussex Location: Fulton 101 pm Longer Opening Hours, Alcohol Consumption and Health. By Colin Green; Lancaster University, Bruce Hollingsworth; Lancaster University María Navarro; Lancaster University Presented by: Colin Green, Lancaster University 21 m a r c h The effects of in-utero exposure to influenza on mental health in childhood and longevity By Alex Turner; University of Manchester, Eleonora Fichera; University of Manchester Matt Sutton; University of Manchester Presented by: Alex Turner, University of Manchester m o n d ay am Non-Separable Time Preferences and Novelty Consumption: Theory and Evidence from the East German Transition to Capitalism By Davide Dragone; University of Bologna, Nicolas Ziebarth; Cornell University Presented by: Davide Dragone, University of Bologna Childhood obesity, is fast food proximity a factor? By Peter Dolton; University of Sussex, Wiktoria Tafesse; University of Sussex Presented by: Wiktoria Tafesse; University of Sussex Session 120: Public Economics: Taxation 3Time: 11:00 to 12:30 Session Chair: Martin Simmler, DIW Berlin Location: Fulton 102 Why the Current Tax Rate Tells You Little: Competing For Mobile and Immobile Firms By Dominika Langenmayr; University of Munich, Economics, Martin Simmler; DIW Berlin Presented by: Martin Simmler, DIW Berlin w e d n e s d ay am 23 MARCH pm 89 22 m a r c h pm Taxing Away M&A: The Effect of Corporate Capital Gains Taxes on Acquisition Activity By Lars Feld; University of Freiburg & Centre for European Economic Research, Martin Ruf; University of Tübingen & NoTeC, Ulrich Schreiber; University of Mannheim & Centre for European Economic Research, Maximilian Todtenhaupt; University of Mannheim & Centre for European Economic Research, Johannes Voget; University of Mannheim & Centre for European Economic Research Presented by: Maximilian Todtenhaupt, University of Mannheim & Centre for European Economic Research t u e s d ay am On the Incidence of Bank Levies: Theory and Evidence By Michael Kogler Presented by: Michael Kogler, University of St.Gallen 2016 general sessions w e d n e s d ay 11.00 – 12.30 5 Session 121: Public Economics: Income Distribution and PovertyTime: 11:00 to 12:30 am m o n d ay Session Chair: Esther Arenas Arroyo, Queen Mary University of London Location: Fulton 103 A Method Of Correcting for Misreporting Applied to the Food Stamp Program By Nikolas Mittag; CERGE-EI, Charles University Presented by: Nikolas Mittag, CERGE-EI, Charles University pm 21 m a r c h Status Traps By Steven Durlauf; University of Wisconsin, Andros Kourtellos; University of Cyprus Chih Ming Tan; University of North Dakota Presented by: Chih Ming Tan, University of North Dakota Inequality in an Equal Society: Theory and Evidence By Jochen Mierau; University of Groningen, James Rockey; University of Leicester Presented by: Jochen Mierau, University of Groningen Interior Immigration Enforcement and Childhood Poverty in the United States By Catalina Amuedo-Dorantes; San Diego State Universtiy, Esther Arenas Arroyo; Queen Mary University of London, Almudena Sevilla; Queen Mary University of London Presented by: Esther Arenas Arroyo, Queen Mary University of London Session 122: Empirical Studies: HousingTime: 11:00 to 12:30 Session Chair: Anastasia Girshina, Ca’ Foscari University of Venice Location: Fulton 113 am t u e s d ay Immigration and Rental Prices of Residential Housing: Evidence from the Fall of the Berlin Wall By Kathleen Kuerschner; Otto-von-Guericke University Magdeburg Presented by: Kathleen Kuerschner, Otto-von-Guericke University Magdeburg The Role of Credit in the US Housing Boom: Insights from Tiered Housing Data By Angus Foulis; Bank of England Presented by: Angus Foulis, Bank of England pm 22 m a r c h Housing Subsidies and Property Prices: Evidence from England By Nils Braakmann; Newcastle University, Stephen McDonald; Newcastle University Presented by: Stephen McDonald, Newcastle University Implications of Fiscal Policy for Housing Tenure Decisions By Anastasia Girshina; Ca’ Foscari University of Venice Presented by: Anastasia Girshina, Ca’ Foscari University of Venice Session 123: Experimental and Behavioural Economics: Behavioural Game Theory Session Chair: Christos Ioannou, University of Southampton Time: 11:00 to 12:30 Location: Fulton 114 Bidding in first-price and second-price interdependent-values auctions: A laboratory experiment By Theodore Turocy; University of East Anglia, Timothy Cason; Purdue University Presented by: Theodore Turocy, University of East Anglia am w e d n e s d ay Higher Intelligence Groups Have Higher Cooperation Rates in the Repeated Prisoner’s Dilemma By Andis Sofianos; University of Warwick Presented by: Andis Sofianos, University of Warwick pm 2 3 MA R C H Supply Function Competition, Market Power and the Generalised Winner’s Curse: A Laboratory Study. By Anna Bayona; ESADE Business School, Jordi Brandts; Institute of Economic Analysis (CSIC) Xavier Vives; IESE Presented by: Anna Bayona, ESADE Business School An Experimental Study of Uncertainty in Coordination Games By Christos Ioannou; University of Southampton, Miltiadis Makris; University of Southampton Presented by: Christos Ioannou, University of Southampton 90 general sessions w e d n e s d ay 5 2016 11.00 – 12.30 Session 124: International Economics: Firm-Level Exports and ImportsTime: 11:00 to 12:30 Quality and the Great Trade Collapse By Natalie Chen; Warwick University, Luciana Juvenal; International Monetary Fund Presented by: Natalie Chen, Warwick University Twin Peaks By Fabrice Defever; University of Nottingham and CEP, Alejandro Riaño; University of Nottingham Presented by: Alejandro Riaño, University of Nottingham pm Session 125: International Economics: Open Economy Macroeconomics 2Time: 11:00 to 12:30 21 m a r c h Local and Sectoral Import Spillovers in Sweden By Evangelia Pateli; Stockholm University Presented by: Evangelia Pateli, Stockholm University m o n d ay Location: Fulton 205 am Session Chair: Alejandro Riaño, University of Nottingham Session Chair: aydan dogan, university of kentLocation: Fulton 204 Volatility Spillovers of Fed and ECB Balance Sheet Expansions to Emerging Market Economies By John Beirne; European Central Bank Presented by: John Beirne, European Central Bank Investment Specific Technology Shocks and Emerging Market Trade Balance Dynamics By aydan dogan; university of kent Presented by: aydan dogan, university of kent Session Chair: Daniel Ladley, University of Leicester Location: Fulton 206 pm Long-run priors for term structure models By Andrew Meldrum; Bank of England, Matt Roberts-Sklar; Bank of England Presented by: Andrew Meldrum, Bank of England 22 m a r c h Session 126: Finance: Empirical FinanceTime: 11:00 to 12:30 t u e s d ay am Competing Gains from Trade By Clemens Struck; Trinity College Dublin Presented by: Clemens Struck, Trinity College Dublin Network Centrality and Funding Rates in the e-MID Interbank Market By Asena Temizsoy; City University, London Presented by: Asena Temizsoy, City University, London am 23 MARCH pm 91 w e d n e s d ay Margin Trading By Daniel Ladley; University of Leicester, Guanqing Liu; University of Leicester, James Rockey; University of Leicester Presented by: Daniel Ladley, University of Leicester 2016 general sessions w e d n e s d ay 11.00 – 12.30 5 Session 127: Finance: Market Micro StructureTime: 11:00 to 12:30 Session Chair: Sushanta Mallick, Queen Mary University of London Location: Fulton 207 am m o n d ay Pundits and Quacks By Jesper Rudiger; University of Copenhagen, Adrien Vigier; University of Oxford Presented by: Jesper Rudiger, University of Copenhagen pm 21 m a r c h Bid-Ask Spreads on the Foreign Exchange Market: Quantifying the Risk Component By Michael Frömmel; Ghent University, Frederick Van Gysegem; Ghent University Presented by: Michael Frömmel, Ghent University Corporate Debt Restructuring, Bank Competition and Stability: Evidence from creditors’ perspective By M. Mostak Ahamed; Queen Mary, University of London, Sushanta Mallick; Queen Mary University of London Presented by: Sushanta Mallick, Queen Mary University of London Session 128: Industrial Organisation: Empirical Studies 2Time: 11:00 to 12:30 Session Chair: Yu Zhu, Bank of Canada Location: Fulton 202 Using revealed preferences to measure consumer switching costs By Nicola Branzoli; Bank of Italy Presented by: Nicola Branzoli, Bank of Italy am t u e s d ay Are Estimates of Asymmetric First-Price Auction Models Credible? Semi & Nonparametric Analyses By Kirill Chernomaz; San Francisco State University, Hisayuki Yoshimoto; University of Glasgow Presented by: Hisayuki Yoshimoto, University of Glasgow Session 129: Political Economics: Institutions 2Time: 11:00 to 12:30 Session Chair: Luca Repetto, Uppsala Universitet pm 22 m a r c h Identification and Estimation of Risk Aversion in First-Price Auctions with Unobserved Auction Heterogeneity By Serafin Grundl; Federal Reserve Board Governors, Yu Zhu; Bank of Canada Presented by: Yu Zhu, Bank of Canada Location: Fulton 211 Loose Cannons - War Veterans and the Erosion of Democracy in Weimar Germany By Christoph Koenig; University of Warwick Presented by: Christoph Koenig, University of Warwick DO INSTITUTIONS CAUSE SOCIAL TRUST? EVIDENCE FROM AN INSTITUTIONAL REFORM By Denis Ivanov; Higher School of Economics Presented by: Denis Ivanov, Higher School of Economics Balance sheet disclosure and the budget cycle of Italian municipalities By Luca Repetto; Uppsala Universitet Presented by: Luca Repetto, Uppsala Universitet am w e d n e s d ay pm 2 3 MA R C H 92 general sessions w e d n e s d ay 5 2016 11.00 – 12.30 Session 130: Political Economics: Voter Preferences and AttitudesTime: 11:00 to 12:30 Trading off Welfare and Immigration in Europe By Stefan Legge; University of St. Gallen Presented by: Stefan Legge, University of St. Gallen pm Information and Crime Perceptions: Evidence from a Natural Experiment By Luigi Minale; Universidad Carlos III Madrid Presented by: Luigi Minale, Universidad Carlos III Madrid 21 m a r c h DO POLICIES AFFECT PREFERENCES? EVIDENCE FROM RANDOM VARIATION IN ABORTION JURISPRUDENCE By Daniel Chen; Toulouse Institute for Advanced Studies Presented by: Daniel Chen, Toulouse Institute for Advanced Studies m o n d ay Location: Fulton 212 am Session Chair: Luigi Minale, Universidad Carlos III Madrid Session 131: Macroeconomics: Fiscal Policy 3Time: 11:00 to 12:30 Session Chair: Andreas Ek, LSE Location: Fulton 210 Fiscal Policy and Business Formation in Open Economies By Vivien Lewis; KU Leuven, Roland Winkler; TU Dortmund University Presented by: Roland Winkler, TU Dortmund University The 2009 Recovery Act: Stimulus at the Extensive and Intensive Labor Margins By Bill Dupor; Federal Reserve Bank of St. Louis, M. Saif Mehkari; University of Richmond Presented by: M. Saif Mehkari, University of Richmond Session 132: Macroeconomics: Monetary Policy 2Time: 11:00 to 12:30 Session Chair: Andreas Westermark, Sveriges Riksbank Location: Fulton 209 pm UK Term Structure Decompositions at the Zero Lower Bound By Andrea Carriero; Queen Mary Univerity of London, Sarah Mouabbi; Banque de France Elisabetta Vangelista; UK Debt Management Office, HM Treasury Presented by: Sarah Mouabbi, Banque de France 22 m a r c h Cross-country Differences in Preferences for Leisure By Andreas Ek; London School of Economics Presented by: Andreas Ek, London School of Economics t u e s d ay am Debt Hangover in the Aftermath of the Great Recession By Stephane Auray; CREST-Ensai, Aurélien Eyquem; Université Lumière Lyon 2, Paul Gomme; Concordia University Presented by: Aurélien Eyquem, Université Lumière Lyon 2 Unsurprising Shocks: Measuring Responses to Monetary Announcements using High-Frequency Data By Silvia Miranda-Agrippino; Bank of England Presented by: Silvia Miranda-Agrippino, Bank of England 23 MARCH pm 93 w e d n e s d ay am Renovatio Monetae: Gesell Taxes in Practice By Roger Svensson; Research Institute of Industrial Economics, Andreas Westermark; Sveriges Riksbank Presented by: Andreas Westermark, Sveriges Riksbank 2016 general sessions w e d n e s d ay 11.00 – 12.30 5 Session 133: Macroeconomics: General Equilibrium ModelsTime: 11:00 to 12:30 am m o n d ay Session Chair: Alessandro Peri, University of Carlos III Location: Fulton 208 Menu Costs, Aggregate Fluctuations, and Large Shocks By Peter Karadi; European Central Bank, Adam Reiff; National Bank of Hungary Presented by: Adam Reiff, National Bank of Hungary pm 21 m a r c h Improving Inference for Dynamic Economies with Endogenous Frictions - The role of Qualitative Survey data By Andreas Tryphonides; EUI Presented by: Andreas Tryphonides, EUI ON THE WELFARE AND CYCLICAL IMPLICATIONS OF MODERATE TREND INFLATION By Guido Ascari; University of Oxford, Louis Phaneuf; University of Quebec at Montreal Eric Sims; University of Notre Dame Presented by: Guido Ascari, University of Oxford Bankruptcy reforms when labour contracts are rigid By Alessandro Peri; University of Carlos III Presented by: Alessandro Peri, University of Carlos III Session 134: Law and EconomicsTime: 11:00 to 12:30 Session Chair: Egidio Farina, University of Sussex Location: Fulton 203 am t u e s d ay Persuadable perceptions: the effects of exposure to media on corruption measures By Lucia Rizzica; Bank of Italy, Marco Tonello; Bank of Italy Presented by: Lucia Rizzica, Bank of Italy Les Misérables Contemporains: Crime, Unemployment and Import from China By Claudio Deiana; University of Essex Presented by: Claudio Deiana, University of Essex pm 22 m a r c h Corrupt Bookmaking in a Fixed Odds Illegal Betting Market By Parimal Bag; National University of Singapore, Bibhas Saha; University of Durham Presented by: Bibhas Saha, University of Durham Politics and crime in black & white: Evidence from US big cities By Egidio Farina; University of Sussex Presented by: Egidio Farina, University of Sussex Session 135: Econometrics: Semi-and Non-Parametric ModelsTime: 11:00 to 12:30 Session Chair: Lars Nesheim, University College London Location: Fulton 214 Specification testing for errors-in-variables models By Taisuke Otsu; London School of Economics, Luke Taylor; London School of Economics Presented by: Luke Taylor, London School of Economics am w e d n e s d ay Identification and Estimation in One-to-One Matching Models with Nonparametric Unobservables By Shruti Sinha; Toulouse School of Economics Presented by: Shruti Sinha, Toulouse School of Economics Consistent nonparametric specification tests for stochastic volatility models based on the return distribution By Yang Zu; City University London, Peter Boswijk; University of Amsterdam Presented by: Yang Zu, City University London pm 2 3 MA R C H Identification of multidimensional hedonic models By Lars Nesheim; University College London Presented by: Lars Nesheim, University College London 94 general sessions w e d n e s d ay 5 2016 11.00 – 12.30 Session 136: Econometrics: Bayesian InferenceTime: 11:00 to 12:30 Averaging Point- and Set-Identified Models By Raffaella Giacomini; University College London, Toru Kitagawa; University College London Alessio Volpicella; Queen Mary University Presented by: Toru Kitagawa, University College London pm Assessing Identifying Restrictions in SVAR Models By Michele Piffer; DIW Berlin Presented by: Michele Piffer, DIW Berlin 21 m a r c h An Anatomy of Industry Merger Waves By Daniele Bianchi; University of Warwick, Carlo Chiarella; Colegio Universitario de Estudios Financieros Presented by: Daniele Bianchi, University of Warwick m o n d ay Location: Fulton 213 am Session Chair: Michele Piffer, DIW Berlin Session 137: Economic Theory: Information and UncertaintyTime: 11:00 to 12:30 Session Chair: Alexandros Rigos, University of Leicester Location: Fulton 201 What Are Asset Demand Tests of Expected Utility Really Testing? By Felix Kubler; University of Zurich and Swiss Finance,Larry Selden; Columbia University Xiao Wei; University of Pennsylvania Presented by: Felix Kubler, University of Zurich and Swiss Finance I A Beauty Contest with Flexible Information Acquisition By Alexandros Rigos; University of Leicester Presented by: Alexandros Rigos, University of Leicester pm w e d n e s d ay am 23 MARCH pm 95 22 m a r c h Revealed preferences over risk and uncertainty By Matthew Polisson; University of Leicester, John Quah; Oxford University Ludovic Renou; University of Essex Presented by: Matthew Polisson, University of Leicester t u e s d ay am Option-Implied Objective Measures of Market Risk By Matthias Leiss; ETHZ Presented by: Matthias Leiss, ETHZ 2016 index Legend Abouaziza, Mohamed G93 Ager, Philipp G110 Alfaro, Laura G69 G106 Alpino, Matteo Amior, Michael G117 G34 Amirapu, Amrit Amore, Mario G45 Anand, Kartik G104 G101 Anaya, Pablo Antony, Margaret G94 G104 ap Gwilym, Rhys Aquilante, Tommaso G70 G121 Arenas Arroyo, Esther Ascari, Guido G133 Ashraf, Nava SB4 Athanasopoulos, Athanasios G46 Azmat, Ghazala G63 G92 Backus, Peter Bahaj, Saleem G73 Baldwin, Richard P2 G96 Ball, Alastair G100 Balsvik, Ragnhild Banerjee, Anindya G109 Baranov, Victoria G57 Bas, Maria SA1 Basak, Debasmita G46 Bastos, Paulo G58 Batura, Neha G114 Bayona, Anna G123 Böckerman, Petri G37 Bean, Charles Kchair Becker, Sascha O. SB1 Becker, Ralf G118 Beetsma, Roel SB3 Beggs, Alan G112 Beirne, John G125 Bejenariu Tudor, Simona G35 Benndorf, Volker G112 Berardi, Michele G16 Bianchi, Daniele G136 Bielecki, Marcin G66 Bietenbeck, Jan G118 Bignon, Vincent G59 Bijsterbosch, Martin G101 Bilotkach, Volodymyr G74 Bircan, Cagatay G102 Bittschi, Benjamin G66 Blanden, Jo G8 Blanes i Vidal, Jordi SB2 Blow, Laura G55 Blundell, Richard P1, SC5, KChair Boerner, Lars G52 Bonfiglioli, Alessandra SA1 G14 Borchert, Ingo Borrella Mas, Miguel Ángel G113 Borsi, Mihály G108 Boyce, Christopher G98 Branzoli, Nicola G128 Bratti, Massimiliano G6 Bredemeier, Christian G5 KKeynote PPlenary S Special Session G General Session 96 of presenters Brixiova, Zuzana G113 Brown, Alasdair G17 G53, SWC Brown, Sarah Bruins, Marianne G91 G4 Brunnschweiler, Christa Bryan, Mark G61 G7 Buscha, Franz Caeyers, Bet G24 Cai, Jing SA3 G32 Cai, Shu Calvi, Rossella G33 G67 Caminal, Ramon Camous, Antoine G77 Campaniello, Nadia G7 G6 Campbell, Stuart Canta, Chiara G74 G9 Carattini, Stefano Carrasco-Gallego, Jose G49 Carta, Francesca G60 G23 Castex, Gonzalo Cavatorta, Elisa SA4 Celik Katreniak, Dagmara G88 Cenedese, Gino G15 Cerrone, Claudia G12 Chankrajang, Thanyaporn G95 Chari, Amalavoyal G57 Chen, Wencong G116 Chen, Natalie G124 Chen, Yu-Fu G64 Chen, Daniel G130 Chen, Xiaoshan G108 Chlass, Nadine G41 Ciani, Andrea G14 Clemens, Marius G71 Cloyne, James SA2 Clymo, Alex G76 Colantone, Italo G42 Conte, Anna G12 Contreras Suarez, Diana G57 Cornelissen, Thomas G7 Coroneo, Laura G79 Corsetti, Giancarlo SB3 Cortes, Patricia G5 Cova, Pietro G15 Crawford, Rowena G40 Cubel, Maria G92 Cuhadaroglu, Tugce G26 Currarini, Sergio G80 d’Este, Rocco SB2 G80 Dahm, Matthias Dale-Olsen, Harald G45 De Fraja, Gianni G20 De Luca, Giacomo G75 de Paula, Aureo G96 de Pinto, Marco G62 Debnath, Sisir G90 Dechter, Evgenia G106 Deiana, Claudio G134 del Barrio Castro, Tomás G54 Delaney, Judith G7 Dell’Eva, Cyril G15 Derksen, Laura G57 Dertwinkel-Kalt, Markus G68 P2 Dhingra, Swati Di Nola, Alessandro G107 SC1 Dickens, Richard Dittmar, Jeremiah SC4 Dogan, Aydan G125 G20 Dotti, Valerio Draca, Mirko SB5 G119 Dragone, Davide Dube, Arindrajit P1, SA5 K, SA3 Duflo, Esther Dupor, Bill G108 Dussaux, Damien G64 G14 Dutt, Pushan Edo, Anthony G5 Edwards, Robert G47 Eigner, Johannes G98 Ek, Andreas G131 G10 Elias, Ferran Elliott, Matthew SA3 Elming, William G11 Embrey, Matthew G99 Engelmann, Dirk G25 Ercolani, Marco G37 Eugeni, Sara G13 Eyquem, Aurélien G131 Ezquerra, Lara G99 Farbmacher, Helmut G115 Farina, Egidio G134 Fella, Giulio SC5 Feng, Felix G73 Fetzer, Thiemo G4, SB5 Flèche, Sarah G8 Flueckiger, Matthias G34 Fongoni, Marco G21 Foschi, Matteo G55 Foulis, Angus G122 Franklin, Jeremy G73 Frömmel, Michael G127 French, Eric SA5 G. Cabral, Ana Cinta G10 Gadenne, Lucie G97 Galeotti, Andrea SA3 G99 Galizzi, Matteo M Gall, Thomas G63 Galvao, Ana Beatriz G79 Gamalerio, Matteo G106 Gancia, Gino SA1 Garcia, Daniel G47 Garcia-Vega, Maria G100 Garmann, Sebastian G106 Gautier, Erwan G62 Gechter, Michael G88 Gehring, Kai G75 Gertler, Paul SB4 Ghorpade, Yashodhan G114 Ghosh, Pallab G53 Giannarakis, Panagiotis G93 index Girshina, Anastasia Giua, Ludovica Giulietti, Corrado Gjefsen, Hege Marie Godøy, Anna Gola, Pawel Green, Colin Griffith, Rachel Gronwald, Marc Gwiazdowski, Tadeusz Hai, Rong Hammond, Peter Hansen, Stephen Hansen, Christian Hansen, Bruce Harding, Torfinn Hargaden, Enda Haskel, Jonathan Herresthal, Claudia Hetschko, Clemens Hettig, Thomas Heyes, Anthony Hidir, Sinem Hoe, Thomas Hofer, Katharina Hoffmann, Andreas Homroy, Swarnodeep Hori, Kenjiro Huitfeldt, Ingrid Hussain, Iftikhar Idier, Julien Ioannou, Christos Isoré, Marlène Ivanov, Denis James, Jonathan Jara Tamayo, Holguer Jia, Pengfei Jozwik, Jan Kara, Engin Katagiri, Mitsuru Kaya, Ezgi Keerthiratne, Subhani Kelly, Elaine Kerr, Amanda Khachatryan, Karen Khezr, Peyman Kim, Minjoo Kitagawa, Toru Klaus, Benjamin Klepsch, Catharina Koenig, Christoph Kofol, Chiara Kogler, Michael Kolbe, Jens Koulischer, Francois Kozlovskaya, Maria Krekel, Christian Kristensen, Søren Kristin, Forbes Krueger, Alan B. G122 G60 G40 G94 G37 G26 G119 KChair G95 G52 G97 G38 SB5 SC3 SC3 G58 G10 SC4 SC1 G61 G108 G96 G80 G65 G20 G110 G45 G72 G39 G8 G44 G123 G22 G129 G94 G98 G71 G32 G50 G109 G67 G38 SA4 G33 G55 G25 G44 G136 G104 G73 G129 G89 G120 G9 G102 G105 G9 G65 K P1 of Krutikova, Sofya G114 Kubler, Felix G137 G122 Kuerschner, Kathleen Kuhn, Moritz SC5 G78 Kumhof, Michael Kushwah, Lovleen G43 G97 Kvasnicka, Michael Lades, Leonhard G41 Ladley, Daniel G126 G81 Lang, Xu Langella, Monica G63 G103 Lansing, Kevin Larcom, Shaun G68 Lassmann, Andrea G97 G21 Lawson, Nicholas Leaver, Clare SB4 G130 Legge, Stefan Leiss, Matthias G137 Lemos, Renata SC4 G33 Leone, Marinella Lepetit, Antoine G21 Lepinteur, Anthony G61 Li, Meng G23 Li, Youwei G17 Liang, Yan G51 Lin, Yatang G9 Lindner, Attila SA5 Liu, Lefan G6 Loomes, Graham G41 Lopez, Jose G50 Lordan, Grace G60 Lumpe, Claudia G6 Luo, Guannan G76 Machin, Stephen P1, SA5, SB2 Maertens, Annemie G88 Maggian, Valeria G12 Mahmud, Mahreen G2 Malde, Bansi G2 Mallick, Sushanta G44, G127 Mandalinci, Zeyyad G101 Marden, Sam SC1 Mariuzzo, Franco G105 Martínez Mora, Francisco G81 Martinello, Alessandro G118 Mastrobuoni, Giovanni SB2 Matakos, Konstantinos G20 Matveev, Dmitry G77 Mauring, Eeva G19 Maystadt, Jean-Francois G89 G122 McDonald, Stephen McGowan, Danny G18 McMahon, Michael SB5 Mehkari, M. Saif G131 Melcangi, Davide G107 Meldrum, Andrew G126 Mengel, Friederike G92 Michalski, Tomasz G102 Michelucci, Fabio G25 Mierau, Jochen G121 Milanovic, Branko SC2 presenters Millard, Stephen G21 Miller, Marcus G43 Miller, Helen G107 G130 Minale, Luigi Mion, Giordano G18 Miranda-Agrippino, Silvia G132 Mittag, Nikolas G121 Molitor, Ramona G115 G109 Mongelli, Francesco Monzon, Ignacio G26 G117 Moriconi, Simone Morris, Damon G74 G46 Morrow, John Morsink, Karlijn G32 Mouabbi, Sarah G132 G72 Moutot, Philippe Mukhopadhyay, Abhiroop G2,G59 SWC Mumford, Karen Munkacsi, Zsuzsa G66 Murard, Elie G36 SC2 Naidu, Suresh Nakagawa, Ryuichi G22 Natvik, Gisle G76 Navas, Antonio G69 Nawaz, Nasreen G54 Neary, Peter SA1 Nedeljkovic, Milan G101 Nesheim, Lars G135 Nesje, Frikk G95 Niemann, Stefan SB3 Nigai, Sergey G42 Norgrove, David P1 O’Clery, Neave G58 O’Dea, Cormac SC5 Oberfichtner, Michael G62 Ohinata, Asako G39 Olivella, Virginia G3 Onali, Enrico G72 Onder, Yasin Kursat G43 Onnis, Luisanna G36 Opolot, Daniel C. G112 Ordonez-Calafi, Guillem G47 Oto-Peralias, Daniel G59 Overman, Henry SB1 Owens, Trudy G90 G52 Palma, Nuno Parakhonyak, Alexei G19 Pateli, Evangelia G124 Peri, Alessandro G133 Pernaudet, Julie G37 Pertold-Gebicka, Barbara G5 Pestel, Nico G93 Petropoulou, Dimitra G64 Pfeifer, Gregor G111 Piazzalunga, Daniela G91 Piffer, Michele G136 Pinchbeck, Edward G65 Polisson, Matthew G137 Ponzetto, Giacomo G48 Pool, Sebastiaan G78 97 2016 2016 index of presenters Popov, Alexander G3 Pownall, Rachel G17 Poyago-Theotoky, Joanna G51 G51 Pradhan, Basanta Preotu, Veronica G89 SA4, SWC Propper, Carol Quintana-Domeque, Climent G35 Qureshi, Mahvash G82 G16 Raczko, Marek Rauh, Christopher G115 G35 Raute, Anna Ravn, Morten SB3 G103 Ray, Simon Redlicki, Bartosz G80 Redlicki, Jakub G48 G133 Reiff, Adam Reinold, Kate SA2 G129 Repetto, Luca Rewilak, Johan G104 Riaño, Alejandro G124 G77 Ribeiro, Marcel G88 Riedl, Arno Rigos, Alexandros G137 Rivers, David SB2 Rizzica, Lucia G134 Roantree, Barra G10 Rockey, James G3 Rockmore, Marc G114 Roeder, Kerstin G11 Roopnarine, Karen G113 Rosa Dias, Pedro SB4 Rose, Christiern SC1 Rossi, Federico G118 Rowlatt, Amanda SWC Rubinstein, Yona SA5 Rubio, Margarita G49 Rudebusch, Glenn G16 Rudiger, Jesper G127 Ruiz, Isabel G89 Rungi, Armando G69 Safronov, Mikhail G81 Saha, Bibhas G134 Saia, Alessandro G93 Salvatori, Andrea G116 Sanchis-Guarner, Rosa G8 Sandford, Sarah G90 Sanz, Carlos G75 Saurer, Judith G36 Savagar, Anthony G50 Scheer, Alexander G77 Schennach, Susanne K Schioppa, Claudio G52 Schonger, Martin G68 G105 Scur, Daniela Seifert, Jacob G74 Selvaretnam, Geethanjali G113 Senay, Ozge G13 Sgroi, Daniel G98 Shakhnov, Kirill G43 Sharp, Paul G110 98 Sheedy, Kevin G48 Shembavnekar, Nihar G42 G117 Shi, Xuezhu Shingal, Anirudh G70 G38 Shiva, Mehdi Simmler, Martin G120 G45, SB1 Simpson, Helen Sinha, Shruti G135 Skellern, Matthew G65 SC3 Smith, Richard Snudden, Stephen G71 G123 Sofianos, Andis Solaz, Anne G62 Sonderegger, Silvia G55 G72 Sowerbutts, Rhiannon Soytas, Mehmet G91 P2 Spolaore, Enrico Steinbuks, Jevgenijs G34 Stoehr, Tobias G13 G53 Stouli, Sami Stoye, George G39 Strasser, Georg G13 Struck, Clemens G125 Suari-Andreu, Eduard G66 Sugawara, Naotaka G82 Swanson, Ashley SA4 Syrda, Joanna G105 Tafesse, Wiktoria G119 Tan, Chih Ming G121 Tayler, William G49 Taylor, Luke G135 Tchuente, Guy G24 Temizsoy, Asena G126 Tenreyro, Silvana SA2 Terrier, Camille G81 Tesei, Andrea G4 Tetenov, Aleksey G111 Tetlow, Gemma G11 Theloudis, Alexandros SC1 Theophilopoulou, Angeliki G23 Tian, Xu G104 Timmer, Marcel G116 Todtenhaupt, Maximilian G120 Tol, Richard G38 Trako, Iva G60 Trew, Alex G96 Tryphonides, Andreas G133 Tsangarides, Charalambos G82 Tsoukas, Serafeim G78 G33 Tuccio, Michele Tumen, Semih G94 Tumlinson, Justin G40 Turen, Javier G79 Turner, Alex G119 Turocy, Theodore G123 Uluc, Arzu G103 Ushchev, Philipp G19 Valente, Christine G35 Valero, Anna SC4 Van Reenen, John P2 Vannier, Brendan G22 Vera Valdes, Jose G54 Vera-Hernández, Marcos SA4,G86 G14 Vermeulen, Wessel Vermeulen, Frederic SC2 G58 Vezina, Pierre-Louis von Ehrlich, Maximilian SB1 von Hinke, Stephanie G24 G19 Wallace, Christopher Weber, Henning G117 G132 Westermark, Andreas Weyl, Glen SC2 G79 Whitehouse, Emily Wilson, Tanya G91 Windmeijer, Frank G111 G131 Winkler, Roland Wisson, James G12 Wohlschlegel, Ansgar G39 Xu, Dafeng G67 Xu, Guo G59 G22 Xu, Shaofeng Yannelis, Constantine G63 Yoshimoto, Hisayuki G128 Yu, Miaojie G100 Yum, Minchul G3 Zaghini, Andrea G103 Zanardi, Maurizio G70 Zanetti, Francesco G76 Zankiewicz, Christian G41 Zhang, Min G112 Zhang, Boyang G71 Zhao, Yingnan G78 Zhou, Peng G51 Zhu, Yu G128 Zhu, Tong G64 Zou, Liang G25 Zu, Yang G135 notes 99 2016 2016 notes 100 2016 c a m p u s guide