Program for session C-8


Monday 14 August 2000, 8:30 - 10:30

C-8-1: Dynamics of Competition - Mon 14 Aug, 8:30

 Room: Balmer 202  Chair: Helen Weeds 
Athey, Susan Innovation and the Emergence of Market Dominance
Cabral, Luis M. B. Dynamic Competition with No Efficiency Effect
Doganoglu, Toker Dynamic Price Competition with Persistent Consumer Tastes
Weeds, Helen Networks, Options and Preemption

C-8-2: Equilibrium and Welfare - Mon 14 Aug, 8:30

 Room: Balmer 207  Chair: Kwan Koo Yun 
Keister, Todd Government Policy and Probabilistic Equilibrium Selection
Kilani, Karim The Optimal of Provision of Products with Income Effects
Yun, Kwan Koo Efficient, Equitable and Pareto Improving Changes

C-8-3: Exchange Rate Regimes - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 234  Chair: Jeff Wrase 
Bessec, Marie Mean-Reversion versus PPP Adjustment: The Two Regimes of Exchange Rate Dynamics Under the EMS, 1979-1998
Carare, Alina M. Optimal Monetary Policy in a Two-Country World with Inflation Persistence
Devereux, Michael B. A Simple Dynamic General Equilibrium Analysis of the Trade-off Between Fixed and Floating Exchange Rates
Wrase, Jeff Exchange Rates, Monetary Policy Regimes, and Beliefs

C-8-4: Development Economics: Group Lending - Mon 14 Aug, 8:30

 Room: Balmer 212  Chair: Loic Sadoulet 
Anderson, Siwan The Economics of Roscas and Intra-Household Resource Allocation
Klonner, Stefan Rotating Savings and Credit Associations as Insurance
Sadoulet, Loic Risk-Matching in Credit Groups: Evidence from Guatemala

C-8-5: Game Theory - Mon 14 Aug, 8:30

 Room: Balmer 214  Chair: David M. Frankel 
Asheim, Geir B. Proper Consistency
Frankel, David M. Dynamic Equilibrium Selection: A General Uniqueness Result

C-8-6: Growth and Inequality - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 235  Chair: Paul Segerstrom 
Bandyopadhyay, Debasis The Growth-Inequality Relationship in a Model with Discrete Occupational Choice and Redistributive Tax
Hites, Gisele On the Robustness of the Twin-Peaked Ergodic Distribution of Income Across Countries
Issler, Joao Victor On the Nature of Income Inequality Across Nations
Wang, Liansheng A Model of Growth and North-South Wage Inequality

C-8-7: Health and the Elderly - Mon 14 Aug, 8:30

 Room: Savery 211  Chair: David Blau 
Tabata, Ken A Simulation of the Demand for Medical Services Using the Grossman Model with Endogenous Death and a Health Plan for the Elderly
Blau, David A Dynamic Structural Model of Health Insurance and Retirement

C-8-8: International Macroeconomics II - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 237  Chair: Klaus Schmidt-Hebbel 
Andersen, Torben Noisy Financial Signals and Persistent Effects of Nominal Shocks in Open Economies
Ben-Gad, Michael An Analysis of Immigration in a Dynamic Macroeconomic Model
Dixon, Huw David Fiscal Policy in an Imperfectly Competitive Dynamic Small Open Economy
Schmidt-Hebbel, Klaus Policy Shifts and External Shocks in Chile Under Rational Expectations

C-8-9: Intertemporal Consumer Behavior - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 243  Chair: Michael Binder 
Benitez-Silva, Hugo A Joint Model of Labor Supply and Consumption Decisions Under Uncertainty
Fisher, Walter H. Conspicuous Consumption, Economic Growth, and Taxation: A Generalization
Pistaferri, Luigi Intertemporal Choice and Consumption Mobility
Waldkirch, Andreas Intergenerational Linkages in Consumption Behavior

C-8-10: Finite Sample Refinements - Mon 14 Aug, 8:30

 Room: Savery 243  Chair: Christopher Nicol 
Bun, Maurice J. G. Bias Correction in the Dynamic Panel Data Model with a Nonscalar Disturbance Covariance Matrix
Kiviet, Jan F. Improved Coefficient and Variance Estimation in Stable First-Order Dynamic Regression Models
Bekker, Paul A. Exact Inference for the Linear Model with Groupwise Heteroscedasticity
Nicol, Christopher Shrinkage Estimators for the Nonlinear Regression Model

C-8-11: Mechanism Design and Information Acquisition - Mon 14 Aug, 8:30

 Room: Balmer 304  Chair: Nicola Persico 
Gale, Ian Optimal Design of Research Contests
Legros, Patrick Third Party Monitoring and Golden Parachutes
Persico, Nicola Consensus and the Accuracy of Signals: Optimal Committee Design with Information Acquisition

C-8-12: Political Economics: Party Behavior and Political Funding - Mon 14 Aug, 8:30

 Room: Balmer 306  Chair: Christian Schultz 
Bac, Mehmet Strategic Information Revelation in Fund-Raising Campaigns
Noury, Abdul Ideology, Nationality and Euro-Parliamentarians
Page, Frank H. Jr. Elections and Strategic Positioning Games
Schultz, Christian Public Funding of Political Parties

C-8-13: Political Economy - Mon 14 Aug, 8:30

 Room: Balmer 309  Chair: Larry D. Qiu 
Myers, Gordon From Foraging to Agriculture
Saavedra, Luz A. Do Local Governments Engage in Strategic Property-Tax Competition?
Qiu, Larry D. Lobbying, Multisector Trade and Sustainability of Free-Trade Agreements

C-8-14: Trade, Investment, and Growth - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 245  Chair: Hadi Salehi Esfahani 
Chatterjee, Santanu Unilateral Capital Transfers, Public Investment and Economic Growth
Das, Satya P. North-South Trade, Capital Accumulation and Personal Distribution of Wealth and Income
Glass, Amy Jocelyn Crowding Out and Distributional Effects of FDI Policies
Goh, Ai Ting Learning by Doing, Trade in Capital Goods and Growth

C-8-15: Vertical Restraints - Mon 14 Aug, 8:30

 Room: Balmer 311  Chair: Yossef Spiegel 
Dana, James D. Revenue Sharing, Demand Uncertainty, and Vertical Control of Competing Firms
Neeman, Zvika Contestable Licensing
Peitz, Martin Exclusionary Practices and Entry Under Asymmetric Information
Spiegel, Yossef Price and Non-Price Restraints When Retailers are Vertically Differentiated

C-8-16: Limited Dependent Variables Models I - Mon 14 Aug, 8:30

 Room: Savery 301  Chair: Tiemen Woutersen 
Dominitz, Jeff Identification and Estimation with Contaminated and Partially Verified Data
Tamer, Elie Inference in Censored Models with Endogenous Regressors
Vytlacil, Edward Identification and SQRT N Efficient Estimation of Semiparametric Panel Data Models with Binary Dependent Variables and a Latent Factor
Woutersen, Tiemen Estimators for Panel Duration Data with Endogenous Censoring and Endogenous Regressors

C-8-17: Topics in Econometrics I - Mon 14 Aug, 8:30

 Room: Savery 311  Chair: Bernt P. Stigum 
Cross, Philip Regressions, Short and Long
Krolzig, Hans-Martin Computer Automation of General-to-Specific Model Selection Procedures
Stigum, Bernt P. Rationality in Econometrics

C-8-18: Unit Roots I - Mon 14 Aug, 8:30

 Room: Savery 313  Chair: Aris Spanos 
Juhl, Ted N-Consistent Semiparametric Regression: Partially Linear Models with Unit Roots
Luetkepohl, Helmut Testing for a Unit Root in a Time Series with a Level Shift at Unknown Time
Rodrigues, Paulo M. M. Asymptotic Confidence Intervals and Seasonal Unit Root Statistics
Spanos, Aris Unit Root Testing Revisited: Nested vs. Non-Nested Tests

C-8-19: Volatility Models IV - Mon 14 Aug, 8:30

 Room: Smith 404  Chair: Gilles Teyssiere 
Malmsten, Hans Fourth Moment Structure of a Family of First-Order Exponential GARCH Models
McAleer, Michael Asymptotic Theory for a New Vector ARMA-GARCH Model
Meddahi, Nour Temporal Aggregation of Volatility Models
Teyssiere, Gilles Semiparametric Estimation of the Intensity of Long Memory in Conditional Heteroskedasticity

C-8-20: Empirical Analyses of Industrial Organization II - Mon 14 Aug, 8:30

 Room: Balmer 411  Chair: Niklas Strand 
Adams, Robert M. Measuring Market Power in Input and Output Markets: An Empirical Application to Banking
Merino, Fernando Price-Adjustment Costs and Adjustment Frequency: An Analysis with Individual Data
Richard, Oliver An Empirical Analysis of Marketing Alliances Between Major US Airlines
Strand, Niklas Pricing Contracts with Different Duration: The Role of Switching Costs

C-8-21: Portfolio Rules and Consumption - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 246  Chair: Ruqu Wang 
Dridi, Ramdan Bullish-Bearish Strategies of Trading: A Nonlinear Equilibrium
Barbachan, Jose Fajardo Optimal Consumption and Investment with Levy Processes
Wang, Ruqu The Optimal Consumption and the Quitting of Harmful Addictive Goods

C-8-22: Decision Theory - Mon 14 Aug, 8:30

 Room: Balmer 413  Chair: Bart Taub 
Baucells, Manel Multiperson Utility
Rysman, Marc Unobservable Product Differentiation in Discrete Choice Models: Estimating Price Elasticities and Welfare Effects
Taub, Bart Hidden Markov Models of Strategic Information Control

C-8-23: Business Cycles III - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 247  Chair: Simon Van_Norden 
Harding, Don Disecting the Cycle: A Methodological Investigation
Osborn, Denise R. Forecasting UK Industrial Production Over the Business Cycle
Piger, Jeremy Common Stochastic Trends, Common Cycles, and Asymmetry in Economic Fluctuations
Van Norden, Simon The Reliability of Output Gap Estimates in Real Time

C-8-24: Search Models of the Labor Market - Mon 14 Aug, 8:30

 Room: Balmer 416  Chair: Jean-Marc Robin 
Bazen, Stephen Looking for a Needle in a Haystack? A Structural Time Series Model of the Relationship Between Teenage Employment and Minimum Wages in the United States
Boone, Jan Modeling Financial Incentives to Get Unemployed Back to Work
Robin, Jean-Marc Expertise or Experience: What Raises Pay?

C-8-25: Estimation of Structural Microeconomic Models - Mon 14 Aug, 8:30

 Room: Balmer 417  Chair: Pedro Mira 
Barnett, William A. Technology Modeling: Curvature is Not Sufficient for Regularity
Bollinger, Christopher Estimation with Response Error and Non-Response: Food Stamp Participation in the SIPP
Mira, Pedro Structural Models Involving Highly Dimensional Fixed Point Problems: An Asymptotically Efficient Two-Stage Estimator

C-8-26: Diagnosing Asset Pricing Models - Mon 14 Aug, 8:30

 Room: Mechanical Engineering 248  Chair: Frank Schorfheide 
Christoffersen, Peter Let's Get "Real" About Using Economic Data
Geweke, John Computational Experiments and Reality
Morozov, Sergei Econometric Evaluation of Rational Belief Models
Schorfheide, Frank Evaluating Asset Pricing Implications of DSGE Models


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