ASSA
ALLIED SOCIAL SCIENCE ASSOCIATIONSALLIED SOCIAL SCIENCE ASSOCIATIONS
2018
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Western Economic
Association
International
Encouraging Excellence in Economics Since 1922Contemporary
Economic Policy
x Published since 1982x Features research and analysis on issues of vital concern to business, government, and other decision makers
Economic Inquiry
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Conferences
Present or Discuss a Paper, Organize or Chair a Session x 93rd Annual Conference
Vancouver, British Columbia, June 26–30, 2018
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Francisco, Denver, Honolulu, Portland, San Diego and more
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For more info on these,
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Congratulations
to the
American Economic Association’s
2017 Distinguished Fellows:
James Heckman
Charles Manski
Robert Pollak
Nancy Stokey
Presentations on January 6, 4:40 pm,
Marriott Philadelphia Downtown,
Allied
Social Science
Associations
Program
Philadelphia, PA
January 5–7, 2018
Contract negotiations, management and meeting arrangements for ASSA meetings are conducted by the American Economic Association. Participants should be aware that the media has open access to all sessions and events at the meetings.
ii
Thanks to the
2018 American Economic Association
Program Committee Members
Olivier Blanchard, Chair
Nicholas Bloom
Eric Budish
Katherine Coffman
Erica Field
Jason Furman
Andy Haldane
Alan Krueger
Andrei Levchenko
Devin Pope
Valerie Ramey
Mar Reguant
Hélène Rey
Emmanuel Saez
Jeremy Stein
Justin Wolfers
Cover Art—“Blue Liberty” by Tracey Ashenfelter. An offspring and sibling of professional economists Orley Ashenfelter and Bevin Ashenmiller, Tracey put her degree in economics to use as a professional artist in San Antonio, TX. Please visit her website at TAF-Art.blogspot.com.
Contents
General Information. . . .iv
ASSA Hotels . . . viii
Listing of Advertisers and Exhibitors . . . xxvi
ASSA Executive Officers. . . xxviii
Summary of Sessions by Organization . . . xxxii
Daily Program of Events . . . 1
AEA Poster Session . . . 29
Program of Sessions
Thursday, January 4 . . . 67
Friday, January 5 . . . 68
Saturday, January 6 . . . 187
Sunday, January 7 . . . 303
Subject Area Index. . . 391
iv
General Information
PROGRAM SCHEDULES
A listing of sessions where papers will be presented and another covering activities such as business meetings and receptions are provided in this program. Admittance is limited to those wearing badges. Each listing is arranged chronologically by date and time of the activity. The hotel and room location for each session and function are indicated.
CONVENTION FACILITIES
Thirty-five hotels are being used for housing. The $50 per night premium for the headquarters hotel is rebated to ASSA to help cover the cost of the meetings. Sessions and other convention functions are in the Philadelphia Marriott Downtown (headquarters hotel), the Loews Philadelphia (co-headquarters hotel), and the Pennsylvania Convention Center (PCC). A map of Philadelphia indicating the locations of the hotels, an alphabetical listing of function rooms within the hotels, and hotel floor plans are in the next section of this book
Registration and Exhibits are located in the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall, Level 4. The Job Placement Service, Interview Tables are located at the Pennsylvania Convention Center, Grand Ballroom AB.
REGISTRATION
Everyone must register including speakers, discussants, and administrators who will be occupying an ASSA hotel room at the convention rate. Identification badges are required for admission to all sessions and activities. On-site and pre-registrants may pick up their registration packets in the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall A, Level 4. On-site registration fee is $125. Full time student registration fee is $55. Pre-registration and On-site registration booths are open as follows
Thursday, January 4 2:00 pm to 9:00 pm* Friday, January 5 7:30 am to 5:00 pm* Saturday, January 6 7:30 am to 5:00 pm*
Sunday, January 7 8:00 am to 1:00 pm (Philadelphia Marriott Downtown, Registration Desk II)
*On-site registration line closes fifteen minutes prior to closing each day.
SPOUSES
There is no spouse program. Spouses wishing to attend any of the meetings may register as a guest for $55. If your spouse needs an affiliation on his/her badge, he/she must register separately and pay the full fee.
PROFESSIONAL PLACEMENT SERVICE
Interview tables are located in the Pennsylvania Convention Center, Grand Ballroom AB. Hours are January 4–7, from 8:00 am to 5:00 pm. Everyone admitted to the interviewing tables (including interviewers) must register. Any and all correspondence should take place using email, including interview scheduling, prior to your arrival in Philadelphia. However, on-site contact can be conducted by using the ASSA on-line hotel directory available at www.vanderbilt.edu/AEA and click on Annual Meeting, or you may download the mobile app. You may also check with the Disclosure Code Booth at the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall A, Level 4 or in the Pennsylvania Convention Center, Grand Ballroom AB Foyer. ASSA does not provide computers on-site. The Professional Placement Service is conducted and sponsored free of charge through the efforts of the Illinois Department of Employment Security and AEA.
EXHIBITS
Exhibits are located in the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall, Level 4. The Exhibit area may be visited during the following hours:
Thursday, January 4 2:00 pm to 7:00 pm Friday, January 5 9:00 am to 5:00 pm Saturday, January 6 9:00 am to 2:00 pm ASSA INFORMATION CENTER
The ASSA Information Center is located in the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall Foyer, Level 4, and is open during the following hours:
Thursday, January 4 1:30 pm to 9:00 pm Friday, January 5 8:00 am to 5:00 pm Saturday, January 6 8:00 am to 5:00 pm
Sunday, January 7 8:00 am to 2:00 pm (Registration Desk II, Level 5)
The number to call is 215-409-4001.
An Information Desk is also located in the Loews Philadelphia, Commonwealth Hall Pre-function and in the Pennsylvania Convention Center, Grand Hall. The information tables are open Friday and Saturday from 8:00 am until 4:00 pm and on Sunday from 8:00 am until 1:00 pm.
FEE AND INVITATION EVENTS
The “Daily Program of Events” section of this program lists fee and invitation events, membership meetings, and other social functions in chronological order. Events for which a fee is charged or which may be attended by invitation only are noted. Tickets were sold to the following open events:
AEA/AFA Joint Luncheon Friday, January 5, 12:30 pm
Philadelphia Marriott Downtown, Grand Ballroom Salon G&H
ASE Presidential Breakfast Saturday, January 6, 7:45 am Loews Philadelphia, Howe AEA Luncheon Honoring Saturday, January 6, 12:30 pm
the 2016 Nobel Laureates Philadelphia Marriott Downtown, Grand Ballroom Salon G&H
vi
AREUEA Presidential Saturday, January 6, 12:30 pm Luncheon Loews Philadelphia, Congress
Tickets to each of these events were ordered on the pre-registration form. Tickets may be available at the door if an event is not sold out.
CONVENTION STAFF HEADQUARTERS
Headquarters for the ASSA Convention is located in the Philadelphia Marriott Downtown. Registration Desk II, Level 5. The hours of operation are:
Thursday, January 4 2:00 pm to 5:00 pm Friday, January 5 7:30 am to 5:00 pm Saturday, January 6 7:30 am to 5:00 pm Sunday, January 7 7:30 am to 1:00 pm
Headquarters staff should be alerted to any problems associated with the operation of the convention. Special notices concerning the program and room changes will be posted there. To reach Convention Headquarters by phone call 215-409-4000. PRESS
Press Registration is located at the Philadelphia Marriott Downtown, Registration Desk II, Level 5. The Press Lounge is located in Meeting Room 304. Press Registration is open during the following hours:
Thursday, January 4 2:00 pm to 5:00 pm Friday, January 5 7:30 am to 5:00 pm Saturday, January 6 7:30 am to 5:00 pm Sunday, January 7 7:30 am to 12:00 noon BUSINESS CENTERS
Philadelphia Convention Center 200 Level 7 am – 7 pm Philadelphia Marriott Downtown Lobby 24 Hours Loews Philadelphia Ground Level 24 hours
(by Valet Parking)
Aka University City 2nd Floor 24 Hours Homewood Suites 3rd Floor 24 Hours Hyatt at the Bellevue 19th Floor 24 Hours Le Meridien 5th Floor 24 Hours Ritz-Carlton Above the Lobby 24 Hours Sheraton University City Lounge Areas 24 Hours Sonesta Philadelphia 2nd Floor 24 Hours Windsor Suites Behind Front Desk 24 Hours
(at the top of the Stairs)
Business center for all other hotels in the room block are located on the Lobby Level and are 24 hours. Above hours are subject to change.
DISCLOSURE CODES
The Disclosure Code Information Booths are located in the Philadelphia Marriott Downtown (headquarters hotel), Franklin Hall A, Level 4 and the Pennsylvania Convention Center, Grand Ballroom AB Foyer. You must know the disclosure code to obtain the room/suite number, those were distributed by employers. You will find all the information about disclosure codes on the AEA website at www.vanderbilt. edu/AEA , click on Annual Meeting, Disclosure Code Information.
CHILDREN’S PROGRAM
KiddieCorp will provide a professional children’s program at the Philadelphia Marriott Downtown, Meeting Room 302-303. Kiddiecorp has been in business since 1986. Team members are qualified child care specialists.
MOTHER’S NURSING ROOM
There is a mother’s nursing room available at the Philadelphia Marriott Downtown, Meeting Room 301, Level 3.
SHUTTLE
ASSA will run a continuous shuttle from the Philadelphia Marriott and the Pennsylvania Convention Center to a stop between the Embassy Suites & the Logan (which will also serve the Windsor Suites and the Sheraton Downtown), a stop by Hotel Palomar and Sofitel. There will also be a continuous shuttle from the Philadelphia Marriott Downtown and the AKA University City. These routes will be to help facilitate the job candidates who are interviewing. ASSA will also run a shuttle route in the mornings and afternoons from the Philadelphia Marriott Downtown and Pennsylvania Convention Center to the University City, Historic District, Penn’s Landing, and Navy Yard hotels. All other hotels, are within walking distance to the Philadelphia Marriott Downtown and the Pennsylvania Convention Center.
LOST & FOUND
Lost and found can be reached through the hotel operator in each hotel. If you lose an item while in the Philadelphia Marriott Downtown also check in the Headquarters Office located in Philadelphia Marriott Downtown, Registration Desk II, Level 5. NOTE: Any inquiry regarding a disputed payment should be addressed to assa@ vanderbilt.edu.
viii
ASSA Hotels
1 Philadelphia Marriott Downtown (HQ) 1201 Market Street, 19107
215-625-2900
2 Loews Philadelphia Hotel (co-HQ) 1200 Market Street, 19107 215-627-1200
3 AKA University City 2929 Walnut Street, 215-372-9000 4 Aloft Downtown Philadelphia
101 N. Broad Street, 19107 267-298-1700
5 Courtyard Philadelphia Downtown 21 N. Juniper Street, 19107 215-496-3200
6 Courtyard by Marriott Philadelphia South at Navy Yard
1001 Intrepid Ave., 19112 215-644-9200
7 DoubleTree by Hilton Center City 237 South Broad Street, 19107 215-893-1600
8 Embassy Suites Center City 1776 Benjamin Franklin Parkway 215-561-1776
9 Four Points by Sheraton Philadelphia Center City 1201 Race Street, 19107
215-496-2700
10 Franklin Hotel at Independence Park (formerly Omni)
401 Chestnut Street, 19106 215-925-0000
11 Hampton Inn Center City Convention Center 1301 Race Street, 19107
215-665-9100
12 Hilton Garden Inn Philadelphia Center City 1100 Arch Street, 19107
215-923-0100
13 Hilton Philadelphia Penn’s Landing 201 S. Christopher Columbus Blvd, 19106 215-521-6100
14 Holiday Inn Express Philadelphia Midtown 1305 Walnut Street, 19107
215-735-9300
15 Holiday Inn Express Philadelphia Penn’s Landing
100 N. Christopher Columbus Blvd, 19106 215-627-7900
16 Home2 Suites by Hilton City Center 1200 Arch Street, 19107 215-627-1850
17 Homewood Suites by Hilton University City 4109 Walnut Street, 19104
215-382-1111
18 Hotel Palomar Philadelphia
117 South 17th Street at Sansom, 19103 215-563-5006
19 Hyatt at the Bellvue 200 S. Broad Street, 19102 215-893-1234
20 Inn at Penn, a Hilton Hotel 3600 Sansom Street, 19104 215-222-0200
21 Hotel Monaco Philadelphia 433 Chestnut Street, 19106 215-925-2111
22 Le Meridien Philadelphia 1421 Arch Street, 19102 215-422-8200 23 Logan Hotel Philadelphia
(formerly Four Seasons) One Logan Square, 19103 215-963-1500
24 Residence Inn by Marriott Philadelphia Center City
One East Penn Square, 19107 215-557-0005
25 Ritz-Carlton Philadelphia 10 Avenue of the Arts, 19102 215-523-8000
26 Sheraton Philadelphia Downtown Hotel (CEP hotel)
201 N. 17th Street, 19103 215-448-2000
27 Sheraton Philadelphia Society Hill One Dock Street, 19106 215-238-6000
28 Sheraton Philadelphia University City 3549 Chestnut Street, 19104 215-387-8000
29 Sofitel Philadelphia 120 South 17th Street, 19103 215-569-8300
30 Sonesta Philadelphia Downtown Rittenhouse Square (formerly Crowne Plaza)
1800 Market Street, 19103 215-561-7500
31 The Study at University City 20 S. 33rd Street, 19104 215-387-1400
32 The Warwick Hotel Rittenhouse Square 220 South 17th Street, 19103 215-735-6000
33 The Westin Philadelphia 99 South 17th Street, 19103 215-563-1600
34 The Windsor Suites
1700 Benjamin Franklin Parkway, 19103 215-981-5678
35 Wyndham Philadelphia Historic District 400 Arch Street, 19106
x
PHILADELPHIA MARRIOTT DOWNTOWN
Meeting FacilitiesROOM LEVEL FUNCTION
Bridge to Convention Center Level 3
Conference Suite 1–3 Level 3 Special Events
Franklin Hall Level 4 Registration, Exhibits, Disclosure Codes, Housing, etc.
Franklin Hall Foyer Level 4 Exhibit Registration and Message & Info Grand Ballroom Salon A-L Level 5 Sessions & Events Independence Ballroom I-III Level 3 Sessions & Events
Across Bridge Toward *PCC
Liberty Ballroom Salon A-C Level 3 Sessions & Events Across Bridge
Toward *PCC
Meeting Room 301 Level 3 Mother’s Nursing Room Meeting Room 302–303 Level 3 KiddieCorp
Meeting Room 304 Level 3 Press Lounge Meeting Rooms 305–310 Level 3 Sessions & Events Meeting Rooms 403–406, Level 4 Sessions & Events 409–410, and 413–415
Meeting Rooms 501–502 Level 5 Special Events
Registration Desk II Level 5 Headquarters Office and Press Registration
PHILADELPHIA MARRIOTT DOWNTOWN
THIRD LEVEL
MEETING ROOMS AND CONFERENCE SUITES
CONFERENCE SUITE I CONFERENCE SUITE II 2 BA Y HOSP . SUITE 2 BA Y HOSP . SUITE MEETING RM 302 MEETING RM 301 GUEST ELEVATORS GUEST ELEVATORS MEETING RM 303 MEETING RM 304 MEETING RM 305 MEETING RM 306 MEETING RM 309 RM 310 MEETING MEETING RM 307 MEETING RM 308 KING KING DBL/DBL DBL/DBL DBL/DBL DBL/DBL PRE-FUNCTION PARKING BRIDGE T O CONVENTION CENTER CONF . SUITE III DBL/DBL DBL/DBL
xii
PHILADELPHIA MARRIOTT DOWNTOWN
THIRD LEVEL BRIDGE TO
PENNSYLVANIA CONVENTION CENTER
PENNSYL VANIA CONVENTION CENTER PRE-FUNCTION PRE-FUNCTION TERRACE SALON A SALON B SALON C MEN WOMEN KITCHEN LIBER TY BALLROOM INDEPENDENCE BALLROOM HOTEL CORRIDOR BRIDGE T O CONVENTION CENTER TELE. DESK ENTR Y
PHILADELPHIA MARRIOTT DOWNTOWN
FOURTH LEVEL
ST ORAGE CORRIDOR REGISTRATION MEETING ROOM 401 MEETING ROOM 402 MEETING ROOM 403 MEETING ROOM 404 MEETING ROOM 405 MEETING ROOM 415 MEETING ROOM 414 MEETING ROOM 413 MEETING ROOM 412 MEETING ROOM 411 MEETING ROOM 410 MEETING ROOM 406 MEETING ROOM 407 MEETING ROOM 408 MEETING ROOM 409 EXHIBITION ST ORAGE OPEN T O BELOW ESCALA TORS EXHIBITION ST ORAGE EXHIBITION HALL FRANKLIN HA LL PRE-FUNCTION WOMEN MEN CONV SER VICE BUSINESS CENTER CORRIDOR EXHIBIT ELEV AT OR SER VICE ELEV AT ORxiv
PHILADELPHIA MARRIOTT DOWNTOWN
FIFTH LEVEL BALLROOM
SALON A SALON B SALON C SALON D SALON E SALON F SALON G SER VICE CORIDOR SALON H SALON L BANQUET KITCHEN FREIGHT ELEV AT ORS SER VICE ELEV AT ORS SALON K SALON J SALON I GRAND BALLROOM PRE-FUNCTION PRE-FUNCTION BANQUET ST ORAGE MTG RM 501 MTG RM 502 MEN WOMEN MEN WOMEN REGISTRA TION I REGISTRA TION II OPEN T O BELOW ESCALA TORS ESCALA TORS STORAGE GUEST ELEVATORS GUEST ELEVATORS
LOEWS PHILADELPHIA
Meeting FacilitiesROOM LEVEL FUNCTION
Adams Third Floor Sessions & Events
Anthony Third Floor Sessions & Events
Commonwealth Hall A-D Second Floor Sessions & Events
Commonwealth Pre-function Second Floor AFA Information & AFA PhD
Student Poster Session
Congress A-C Fourth Floor Sessions & Events
First Floor Mezzanine A-C First Floor Mezzanine Special Events
Howe Thirty-third Floor Sessions & Events
Jefferson Boardroom Third Floor Special Events
Lescaze Thirty-third Floor Sessions & Events
Library Thirty-first Floor Special Events
Millenium Foyer Second Floor ASSA Information
Millenium Hall Second Floor Special Events
PSFS Room Thirty-third Floor Sessions & Events
Parlor 1–2 Third Floor Sessions & Events
Penn Room Fifth Floor Special Events
Regency Ballroom A-C Second Floor Mezzanine Sessions & Events
Roberts Boardroom Thirty-third Floor Special Events
The Terrace Thirty-third Floor Special Events
Tubman Third Floor Special Events
xvi
LOEWS PHILADELPHIA
SECOND FLOOR
Women Men Prefunction Prefunction D C B A1 A2 Elevators Coat Check Commonwealth Hall Millenium Hall SECOND FLOORLOEWS PHILADELPHIA
MEZZANINES
C2 C1 Regency Ballroom Corridore B A Prefunction B AFIRST FLOOR MEZZANINE SECOND FLOOR MEZZANINE
xviii
LOEWS PHILADELPHIA
THIRD AND FOURTH FLOOR
Washington Room P2
A B C
P1
Men
Tubman Anthony Adams
Elevators Franklin W omen Jefferson THIRD FLOOR 417 Men A B C Women Prefunction Elevators 416 412 413 414 415 Congress Hall FOURTH FLOOR
LOEWS PHILADELPHIA
THIRTY THIRD FLOOR
Lescaze The Terrace
Howe Prefunction W om en M en PSFS Roberts Board Room
Elevators
Penn
LibraryFIFTH FLOOR THIRTY-FIRST FLOOR THIRTY THIRD FLOOR
xx
PENNSYLVANIA CONVENTION CENTER
Meeting FacilitiesROOM LEVEL FUNCTION
100A-113C 12th Street Level - between Sessions & Events
12th St. & 13th St.
201A-204C Level 2 - Access on Market St. Sessions & Events
or Level 3 of the Marriott
Ballroom AB Above Level 2 Meeting Rooms Interview Tables
Enter from Grand Hall
Ballroom AB Foyer Above Level 2 Meeting Rooms Job Placement
Enter from Grand Hall Information &
Disclosure Codes
Bridge over Arch Street Level 2 Complimentary Wifi
(East & West)
Grand Hall Level 2 - Access on Market St. AEA Poster Session
xxii
PENNSYLVANIA CONVENTION CENTER
FIRST FLOOR
Race Street
12th Street
Arch Street
Filbert Street
Reading Terminal Market
Reading Terminal Headhouse
Philadelphia Marriott
SEPTA Jefferson Public Transit Station
The Gallery Shopping Center
Market Street 13th Street Broad Street 11th Street RF E E FE E T T FE FE R RR R F F F F F F R R RR R C RR RR R R R R SE SE SE FE FE FE RR RR RR R R RR Lecture Hal l Kitchen 123 124 125 111 B 111 A 105 A 109 A 107 A 10 9 B 10 8 AB 12 6 BA 11 9 BA Exhibit Hall F 10 1 100B 100A 10 5 B 10 7 B 10 4 11 4 R R 5 Loading Docks 4 Loading Docks
Broad Street Atrium
10 Loading Docks Ticket Offices DR IV E-IN R AM P TA XI L AN E Exhibit Hall G RR DRIVE-IN RAMP S S EE E SE SE S S EE SE SE SE S S SE
PENNSYLVANIA CONVENTION CENTER
SECOND FLOOR
BRIDGE TO PHILADELPHIA MARRIOTT FE FE FE SE SE SE SE S S FE SE SE FE FE FESE SE E E E SE S E R RR R RR R F F F F F F F F F F F F F F F F F F F F R S S E E R E E E R R R R R R R R R RR RR RR RR R R R R R R R R CC C C Gift Shop Coffee Shop FedEx Offic e Concierge DRIVE-IN RAMPBRIDGE OVER ARCH ST.
DRIVE-IN RAMP DRIVE-IN RAMP Exhibit Hall C Exhibit Hall D Exhibit Hall E Exhibit Hall B Exhibit Hall A
Vine Street Ramp
Grand Hal l 13 Loading Docks 6 Loading Docks 8 Loading Docks 14 Loading Docks DRIVE-IN RAMP DRIVE-IN RAMP SE SE SE SE SE S SE SE FE SE SE S S FF F FF FF FF F SE R S S F FE Hall E Prefunction
xxiv
PENNSYLVANIA CONVENTION CENTER
THIRD FLOOR
EF E E FE RR RR RR Overlook Bar Food Court Food Court Overlook Caf eFree Wireless Access
308 309 310 305 306 301 302 300 303 304 VI P B A 307 B A RR R FE FE R RR RR DD DD Kitchen Stage Dressing Room A Dressing Room B Ballroom A B Grand Hal l PR EF UN CT IO NIN OK LO ER OV G LL HA D AN GR EE
EXHIBIT HALL
PHILADELPHIA MARRIOTT DOWNTOWN
FOURTH LEVEL
xxvi
Listing of Advertisers and Exhibitors
African Finance & Economics Association (AFEA) (Advertiser) Air Liquide (Booth 507)
Amazon (Booth 900)
American Committee on Asian Economic Studies (ACAES) (Advertiser) American Economic Association (AEA) (Booths 305 & 307 and Advertiser) American Finance Association (AFA) (Advertiser)
American Institutes For Research (Booth 205) American Risk and Insurance Association (Advertiser) Analysis Group, Inc. (Advertiser)
Aptech System Inc. (Booth 306)
Association for Social Economics (ASE) (Advertiser)
Association for the Study of Cuban Economy (ASCE) (Advertiser) Basic Books/Public Affairs (Booth 612 and Advertiser)
Behavioral Ecology Press (Booth 812) Bloomberg For Education (Booth 705) Bureau Of Economic Analysis (Booth 609) Business Expert Press (Booth 511)
Cambridge University Press (Booths 506, 508, 510) Cengage (Booth 601 and Advertiser)
Center for Retirement Research at Boston College (Advertiser) Centre For European Economic Research (Booth 504)
Certified Business Economist/National Association for Business Economics (NABE) (Booth 304)
CESifo (Booth 912)
China Data Center (Booth 505 and Advertiser) Chinese Economists Society (Booth 509) Cliometric Society (CS) (Advertiser)
Columbia University Press (Booth 412 and Advertiser) Didi Chuxing (Booths 816, 818)
Economic Research Service (Booth 710) Economists for Peace and Security (Booth 701) Edward Elgar Publishing Inc. (Booths 405, 407) Emerald Publishing (Booth 611)
Federal Reserve Bank of St. Louis (Booth 614) FlatWorld (Booth 704)
Frontiers of Economics in China (Advertiser) Gallup (Booth 408)
Harvard University Press (Booth 410 and Advertiser) Health And Retirement Study (Booth 906)
Health Policy and Research Scholars (Booth 706) Hoover Institution Press (Booth 312 and Advertiser) IHS Markit (Booths 207, 209)
Independent Publishers Group (Booth 417) Industrial Organization Society (IOS) (Advertiser) Ingram Academic Services (Booth 512)
Insight Executive Search (Advertiser) Institute For Humane Studies (Booth 916) Institute For New Economic Thinking (Booth 808)
International Association for Feminist Economics (IAFFE) (Advertiser) International Confederation of Associations for Pluralism in Economics
(Booth 516)
International Health Economics Association (iHEA) (Advertiser) International Labor Organization (ILO) (Booth 517)
International Monetary Fund (Booth 317 and Advertiser) International Trade & Finance Asssociation (ITFA) (Advertiser) Kensho Technologies (Booth 314)
Lexington Books (Booth 213)
Macmillan Learning (Booth 610 and Advertiser) Marginal Revolution University (Booth 215) McGraw-Hill (Booth 604)
Mercatus Center at George Mason University (Booth 217) Michigan Retirement Center (Booth 904)
Minnesota Population Center (Booth 914) MIT Press (Booths 606, 608)
MobLab (Booth 216) Nacva-Cti.com (Booth 316)
National Archive of Data on Arts and Culture (NADAC) (Booth 703) National Association of Forensic Economics (NAFE) (Advertiser) National Longitudinal Surveys (Booth 416)
Now Publishers (Booth 210)
Omicron Delta Epsilon (Booth 702 and Advertiser) Oxford University Press (Booths 613, 615, and 617) Palgrave Macmillan (Booths 413, 415)
Panel Study of Income Dynamics (Booth 902 and Advertiser) Pearson (Booths 804, 806)
Princeton University Press (Booths 308, 310 and Advertiser) Public Libary of Science (PLOS) (Booth 810)
Ratewatch (Booth 616)
Routledge Taylor and Francis Group (Booths 716 and 714) Russell Sage Foundation (Booth 211 and Advertiser) SAS Institute Inc (Booths 212, 214)
Society for the Study of Emerging Markets (SSEM) (Advertiser) Society of Government Economists (SGE) (Advertiser)
Springer (Booths 409, 411)
Stanford University Press (Advertiser) Statacorp (Booths 204, 206, 208) Top Hat (Booths 513, 515)
UF Post-Doctoral Bridge Program (Booth 404) University of Chicago Press (Booth 605 and Advertiser) W. W. Norton (Booths 908, 910)
W.E. Upjohn Institute (Booth 406 and Advertiser) Wanfang Data (Booth 607)
Western Economic Association International (Advertiser) Wiley (Booth 700)
World Bank Group (Booths 313, 315 and Advertiser)
xxviii
ASSA
Executive Officers
African Finance and Economic Association
(AFEA) Edward E. Ghartey University of the West Indies Agricultural and Applied Economics
Association (AAEA) Scott Swinton Michigan State University American Committee on Asian Economic
Studies (ACAES) Calla Wiemer University of the Philippines American Economic Association (AEA) Alvin E. Roth
Stanford University American Finance Association (AFA) David Scharfstein
Harvard University American Real Estate and Urban
Economics Association (AREUEA) Daniel McMillen University of Illinois-Urbana-Champaign
American Risk and Insurance Association
(ARIA) Paul Thistle University of Nevada-Las Vegas American Society of Health Economists
(AHSEcon) Jonathan Gruber Massachusetts Institute of Technology
American Society of Hispanic Economists
(ASHE) Luisa Blanco Raynal Pepperdine University Association for Comparative Economic
Studies (ACES) Gerard Roland University of California-Berkeley Association for Economic and
Development Studies on Bangladesh (AEDSB)
Mushfiq Mubarak Yale University
Association for Evolutionary Economics
(AFEE) Geoffrey Schneider Bucknell University Association for Social Economics (ASE) George Demartino
University of Denver Association for the Study of Generosity in
Economics (ASGE) Mark Ottoni-Wilhelm Indiana University-Purdue University Indianapolis Association for the Study of the Cuban
Association of Christian Economists
(ACE) Michael Anderson Washington and Lee University Association of Environmental and
Resource Economists (AERE) Laura O. Taylor North Carolina State University Association of Financial Economists
(AFE) Anil K. Makhija Ohio State University Association of Indian Economic and
Financial Studies (AIEFS) Amitrajeet A. Batabyal Rochester Institute of Technology Chinese Economic Association in North
America (CEANA) Siu Fai Leung Hong Kong University of Science and Technology
Chinese Economists Society (CES) Zhuo Chen
University of Georgia Cliometric Society (CS) Michael Haupert
University of Wisconsin-La Crosse Econometric Society (ES) Drew Fudenberg
Massachusetts Institute of Technology
Economic History Association (EHA) Cormac O’Grada
University College of Dublin Economic Science Association (ESA) Catherine Eckel
Texas A&M University Economics of National Security
Association (ENSA) Martin Feldstein Harvard University and NBER Economists for Peace and Security (EPS) Stephanie Kelton
University of Missouri-Kansas City
Health Economics Research Organization
(HERO) Donald E. Yett University of Southern California History of Economics Society (HES) Evelyn Forget
University of Manitoba Industrial Organization Society (IOS) Marc Rysman
Boston University International Association for Energy
Economics (IAEE) David Williams International Association for Energy Economics
International Association for Feminist
Economics (IAFFE) Silvia Berger FLACSO Argentina International Banking, Economics, and
Finance Association (IBEFA) Santiago Carbo-Valverde Bangor University International Economics and Finance
xxx International Health Economics
Association (iHEA) Adam Wagstaff World Bank International Network for Economic
Method (INEM) TBD International Society for Inventory
Research (ISIR) Ruud Teunter University of Groningen International Trade and Finance
Association (ITFA) Joseph Pelzman George Washington University Korea-America Economic Association
(KAEA) Junsoo Lee University of Alabama Labor and Employment Relations
Association (LERA) Harry C. Katz Cornell University Latin American and Caribbean Economic
Association (LACEA) Eduardo Lora Harvard University Middle East Economic Association
(MEEA) Hassan Aly Doha Institute National Association for Business
Economics (NABE) Mine Yucel Federal Reserve Bank of Dallas National Association of Economic
Educators (NAEE) Selena Swartzfager Millsap College National Association of Forensic
Economics (NAFE) Michael Nieswiadomy University of North Texas National Economic Association (NEA) Rhonda Vonshay Sharpe
Claremont Graduate University National Tax Association (NTA) Victoria Perry
International Monetary Fund Omicron Delta Epsilon (ODE) Alan Grant
Baker University Peace Science Society International (PSSI) Glenn Palmer
Pennsylvania State University Society for the Advancement of Behavioral
Economics (SABE) Pablo Branas Garza Middlesex University London Society for Computational Economics
(SCE) Jasmina Arifovic Simon Fraser University Society for Economic Dynamics (SED) Timothy Kehoe
University of Minnesota Society for Institutional and Organizational
Economics (SIOE) Bentley MacLeod Columbia University Society for Nonlinear Dynamics and
Econometrics (SNDE) Hilde C. Bjørnland BI Norwegian Business School Society for the Study of Emerging Markets
Society of Government Economists (SGE) Austin Nichols
Society of Government Economists (SGE)
Society of Policy Modeling (SPM) Dominick Salvatore Fordham University Transportation and Public Utilities Group
(TPUG) Lea-Rachel Kosnik University of Missouri-St. Louis Union for Radical Political Economics
xxxii
Summary of Sessions
by Organization
AAEA
January 5th
8:00 am Behavioral and Experimental Economics Insights for Agri-environmental Challenges
10:15 am E-commerce and the Agrifood Supply Chain 12:30 pm Tax Reform and United States Farm Income 2:30 pm Agricultural Production, Diets and Health
January 6th
10:15 am The Geography of American Despair and Declining Economic Opportunity
2:30 pm Trade in an Environment of Increasing Economic Nationalism
ACAES
January 6th
2:30 pm Lessons from Asian High Frequency Financial Market Analysis (joint with AEA)
ACE
January 5th 10:15 am Health of Vulnerable Groups
2:30 pm Values-based Perspectives on Recent Trends in Globalization
ACES
January 5th 8:00 am The Current State of the Russian Economy
10:15 am The World Economy One Year After Trump’s Election (joint with AEA)
2:30 pm Association for Comparative Economics Poster Session January 6th
8:00 am Innovation and Structural Reforms
10:15 am Reform Reversal in Central and Eastern Europe: Dangerous Aberration or Inherent Characteristic of the Process?
2:30 pm Political Economy of Institutions and Long Run Growth 4:45 pm Membership Meeting and Presidential Address
January 7th
8:00 am Firm Dynamics, Productivity and Allocation of Resources 10:15 am The Uneasy Path to Becoming a ‘Normal Country’: Effect of
Transition on People and Firms in Ukraine 1:00 pm Banking and Institutions
AEA
January 5th 8:00 am China’s National Carbon Market 8:00 am Climate Policy and Trade 8:00 am Credit Allocation
8:00 am Designing Unemployment Insurance 8:00 am Economic Applications of Machine Learning 8:00 am Fiscal Policy
8:00 am Forward Guidance
8:00 am Innovation in the Assessment of Economic Learning 8:00 am Interest Rates and Real Activity
8:00 am International Financial Architecture 8:00 am International Trade and Health 8:00 am Issues in Development
8:00 am Issues Relating to Higher Education Financing 8:00 am Monetary Policy Implications
8:00 am New Measures of Human Capital and Their Application 8:00 am Secular Stagnation and Measurement
8:00 am Startups and Entrepreneurship
8:00 am Subjective Expectations, Belief Formation, and Economic Behavior 8:00 am Surviving the Great Depression: Firms, Workers, and Banks 8:00 am The Nexus Between Monetary Policy and Financial Stability 8:00 am What’s Special About the Dollar in Financial Markets? 10:15 am Annuity Markets and Retirement Income Security 10:15 am Automation
10:15 am Conventional and Unconventional Fiscal Multipliers 10:15 am Economics of Immigration
10:15 am Experiments on Liquidity, Loans, and Time Preferences 10:15 am Financial Regulation: Looking Back, Looking Forward 10:15 am Fuel Efficiency
10:15 am Gender Issues in Economics 10:15 am Global Production Networks
10:15 am Increasing Capital Shares: Causes and Consequences 10:15 am International Trade Exposure and Election Outcomes
xxxiv
10:15 am Monetary Policy, Financial Conditions and the Economy 10:15 am New Methods for Measuring Poverty and Welfare 10:15 am Optimal Policies in a Behavioral World
10:15 am Pointers and Pitfalls for Human Subject Research on Instruction in Economics and Other Social Sciences
10:15 am Pricing Strategies
10:15 am Sectoral Wage Gaps and the Returns to Migration
10:15 am The Dynamics of Income: Celebrating 50 years of the PSID 10:15 am TrumpEconomics: a First Year Evaluation
12:30 pm European Economic Association Lecture 12:30 pm Joint Luncheon—Fee Event (joint with AFA)
2:30 pm Agricultural Productivity, With an International Perspective 2:30 pm Automation and the Workforce
2:30 pm Business Cycles
2:30 pm Credit Cycles and the Role of Macro-prudential Policy 2:30 pm Debt Drivers Late in the Life Cycle
2:30 pm Economic Implications of Oil Price Differentials and Volatility: Analyses of Recent Shale Induced Price Shocks
2:30 pm Entrepreneurship and the Labor Market
2:30 pm Exchange Rate Disconnect and Trade Elasticities 2:30 pm Household Finance and Post-crisis Regulation 2:30 pm Information Design and Market Design
2:30 pm Issues in Native American Economic Development 2:30 pm Machine Learning for Policy Research
2:30 pm Measuring the Effects of Early Childhood Education 2:30 pm New Measures of the Economy
2:30 pm Non-Performing Loans: Causes, Effects and Remedies 2:30 pm Research in Economic Education
2:30 pm The 50th Anniversary of Milton Friedman’s Presidential Address 2:30 pm The Provision and Valuation of Non-wage Job Attributes 2:30 pm Top Income Inequality and the Gender Divide
4:45 pm Richard T. Ely Lecture 6:00 pm Business Meeting
January 6th
8:00 am Addressing Youth Unemployment: New Evidence From Field Experiments
8:00 am Agricultural Economics 8:00 am Central Bank Communications
8:00 am Demand Non-homotheticities over the Business Cycle 8:00 am Disability Insurance and Disability Discrimination 8:00 am Economic Effects of Populism
8:00 am Economics of News and Information 8:00 am Environment and Development
8:00 am Family and Social Transfers for an Aging Population 8:00 am Investment in Education
8:00 am Is it Time to Change the Principles Curriculum?
8:00 am Is the Large Firm Wage Premium Dead or Just Merely Resting? 8:00 am Macro-economic Implications of Incomplete Markets
8:00 am Mental Accounting
8:00 am Minimum Wage and the Earnings Distribution: New Methods and New Models
8:00 am Monetary Policy and Financial Intermediation 8:00 am Noncompete Agreements
8:00 am Resolving Puzzles and Contradictions in Job Tenure Trends 8:00 am Supporting Economic Redistribution (or Not): Determining Factors 8:00 am The Global Infrastructure Investment Challenge
8:00 am The Micro Origins of Macro
8:00 am What Can We Learn from Private Sector Data About the Labor Market?
8:00 am Whither the Future of Economic History? 10:15 am Aggregate Implications of Belief Heterogeneity
10:15 am Challenges, Threats, and Opportunities for Economic Measurement 10:15 am Economics of Crime
10:15 am Economics of Voting
10:15 am Empirical Analyses of Monetary and Credit Policies 10:15 am Gender in the Workplace
10:15 am Gender Norms and Discrimination 10:15 am Global Inequality and Policy
10:15 am Great Ideas for Making the Principles of Economics Relevant II 10:15 am Macroprudential Policy and Banking Panics
10:15 am Making Globalization More Inclusive
10:15 am Occupational Licensing: A Case Study of Barriers to Entry in the Labor Market and Beyond
10:15 am Rational Inattention with Alternative Cost Functions 10:15 am Tax Evasion and Avoidance
10:15 am The Balance Sheets of Central Banks and the Shortage of Safe Assets 10:15 am The Demand for Commitment Devices
10:15 am The Economic Impact of Globalization
10:15 am The Supply Side of Higher Education: University Choices and the Implications for Students
10:15 am Transmission of Shocks Across Countries 12:30 pm Nobel Laureate Luncheon-Fee Event 2:30 pm Advances in Big Data Research in Economics
2:30 pm AEA Committee on Economic Education Poster Session
2:30 pm Closing Gender Gaps By Design: Context, Confidence, and Other Excuses
xxxvi 2:30 pm CSMGEP Dissertation Session
2:30 pm Economic Consequences of Artificial Intelligence and Robotics 2:30 pm Expectations, Learning, and Household Choices
2:30 pm Financial Inclusion Through Savings: Commitment Devices, Mobile Money, and the Role of Trust
2:30 pm Foreign STEM Students and Immigration Policy 2:30 pm Gender Differences in Networks
2:30 pm How Entrenched Are Gender Norms in Developing Countries? 2:30 pm Inner Workings of Organ Markets and Organ Allocation 2:30 pm Institutions and Real Sector Activity
2:30 pm International Finance and Emerging Markets 2:30 pm Job Displacement
2:30 pm Monetary Policy and Asset Price Bubbles: New Developments 2:30 pm Monetary Policy in 2018 and Beyond
2:30 pm New Evidence on the Effects of Teachers’ Unions on Student Outcomes, Teacher Labor Markets, and the Allocation of School Resources
2:30 pm New Perspectives on Time Use 2:30 pm Pink Papers: LGBT Economics
2:30 pm Policy Implications of Suboptimal Choice: Theory and Evidence 2:30 pm Retirement Wealth Inequality
2:30 pm Roundtable on Racial Economic Inequality: Perspectives from Orthodox, Heterodox, and Stratification Economics 2:30 pm Tax Reform
2:30 pm The Economics of Controversial Policies and Unintended Consequences
4:30 pm Awards Ceremony and Presidential Address
8:00 pm 10th Annual Economics Humor Session in Honor of Caroline Postelle Clotfelter
January 7th
8:00 am Barriers to the Success of Female Owned Microenterprises 8:00 am Capital Flows in the International Monetary System 8:00 am Channels of Monetary Transmission
8:00 am Declining Natural Rate of Interest 8:00 am Economics of Home Ownership
8:00 am Education Life-cycle: School Entry, Investment, and College 8:00 am Europe and the Euro: Workable Ways Forward?
8:00 am Financial Intermediaries and the Macroeconomy: New Advances 8:00 am Health and Crime
8:00 am Income, Savings, and Wealth
8:00 am Intrahousehold Decision-making and Well-being: Measurement and Evidence
8:00 am Labor Markets in the Age of Artificial Intelligence 8:00 am Long-term Consequences of Early Life Experiences
8:00 am Measuring United States Business Dynamics 8:00 am Morality and Economics
8:00 am Political Risk: Origins, Measurement, and Effects
8:00 am Social Foundations of Identities and Economic Dysfunctions 8:00 am The Costs and Benefits of Environmental Regulation in the United
States and China 8:00 am Topics in International Trade 8:00 am Trade and Innovation 8:00 am Women’s Retirement Security
10:15 am Cohort Effects: Sources and Implications 10:15 am College Major Choice
10:15 am Domestic and International Dimensions of Innovation Spillovers 10:15 am Economic Implications of Model Uncertainty
10:15 am Economics of Motherhood
10:15 am Evolutionary Dynamics in Financial Markets: Booms, Busts, and Policy
10:15 am Health and Development 10:15 am Health and Employment 10:15 am Health Economics 10:15 am International Economics 10:15 am Long-term Care Insurance
10:15 am New Findings in the Economics of Crime and Policing 10:15 am New Insights on Classic Questions in Matching Theory 10:15 am Prices and Exchange Rates in Open Economies 10:15 am Production Networks
10:15 am Radically Rethinking Economic Policy 10:15 am Shopping in Macroeconomics
10:15 am Should Economists Make More Use of Direct Data on Subjective Wellbeing?
10:15 am Sovereign Default
10:15 am Trajectories of Innovation: Evaluation and Direction in R&D Project Selection
10:15 am What To Do About Wages?
1:00 pm African Leaders, Longevity, Policies, and Impacts 1:00 pm Auctions Theory and Its Applications
1:00 pm Behavioral Economics in the Field 1:00 pm Contracts, Coalitions, and Cooperation
1:00 pm Credit Booms, Aggregate Demand, and Financial Crises 1:00 pm Demography and Development
1:00 pm Economics of Taxis and Uber 1:00 pm Environmental Economics 1:00 pm Investment, Rates and Rents
1:00 pm Lessons from Historical Immigration Policy 1:00 pm Medicaid
xxxviii
1:00 pm Monetary Policy, Asset Price Spillovers and the Macroeconomy 1:00 pm News, Information and the Business Cycle
1:00 pm Scientific Productivity
1:00 pm Social Media and Political Economy
1:00 pm The Formation of Expectations and Macroeconomic Dynamics 1:00 pm The Impact of Unconditional Cash Transfers in the United States 1:00 pm The State of Macro: Now and Looking Forward
1:00 pm Vertical Integration in the Health Care Market
1:00 pm What Can We Learn From Financial Market Responses to the 2016 Election?
AEDSB
January 6th 2:30 pm Development Issues in South Asia
AERE
January 5th 8:00 am Energy Policy
10:15 am Local Implications of Shale Gas 2:30 pm Climate Change in Developing Countries
January 6th 8:00 am Regulation and Leakage
10:15 am Economics of Oil and Gas Markets 2:30 pm Air Pollution, Sorting and Human Capital
January 7th
8:00 am Climate Change: Connecting Theory with Empirics 10:15 am Estimating Climate Change Damages (joint with AEA) 1:00 pm Water, Health and Development
AFA
January 5th 7:30 am AFA Ph.D. Student Poster Session
8:00 am Analysts, News, Media and Market Sentiment 8:00 am Asset Return Dynamics
8:00 am Banking and the Real Economy 8:00 am Central Banks and Macro Finance 8:00 am CEOs and Entrepreneurs
8:00 am Compensation in Mutual Fund Management 8:00 am Financial Regulation: Theory
10:15 am AFA Panel: FinTech - How Will it Transform Financial Markets and Services?
10:15 am Compensation and Agency 10:15 am Credit Default Swaps
10:15 am Financing Frictions and Their Impact on Liquidity 10:15 am Frontiers of Corporate Governance
10:15 am Household Finance 10:15 am Informed Trading
10:15 am Production-Based Asset Pricing and the Cross-section of Returns 2:30 pm AFA Panel: Reflections About Stephen Ross
2:30 pm Bank and Borrower Behavior
2:30 pm Big Data and the Cross-section of Stock Returns 2:30 pm FinTech
2:30 pm Fund Performance 2:30 pm Macro Finance
2:30 pm Mergers & Acquisitions I
2:30 pm Why Do Firms Invest in Corporate Social Responsibility and Does it Matter?
January 6th
8:00 am Asset Pricing: New Theories and Empirical Approaches
8:00 am Behavioral Finance: Financial Market Anomalies and a Nobel Prize 8:00 am Contagion in Financial Networks
8:00 am Innovation Investment: Human Capital and Stressful Situations 8:00 am Interest Rates
8:00 am Market Microstructure and Design 8:00 am Political Connections and the Economy 8:00 am Risk Management
10:15 am AFA Panel: Business and Capital Taxation 10:15 am Corporate Disclosure and Accounting
10:15 am Exchange Rates and International Capital Market 10:15 am Liquidity: Empirical Perspectives
10:15 am Market Risk Factors 10:15 am Mergers & Acquisitions II 10:15 am Sex, Race and Finance 10:15 am Venture Capital
2:30 pm AFA Lecture: Income and Wealth Inequality: Evidence, Role of Finance, and Policy Implications
2:30 pm Bank Deposits
2:30 pm Corporate Finance: Investment Behavior 2:30 pm Entrepreneurial Finance / Venture Capital 2:30 pm Information Frictions in Financial Markets 2:30 pm Information Transmission and Trading: Empirical 2:30 pm Innovations in Hedge Funds
xl 2:30 pm Payout Policy
5:30 pm Business Meeting and Presidential Address January 7th 8:00 am Bank Competition and Supply of Credit 8:00 am Capital Structure
8:00 am Finance and Development
8:00 am Shareholder Heterogeneity and Corporate Governance 8:00 am Social Influence and Networks
8:00 am Taming and Explaining Anomalies 8:00 am Volatility and Tail Risk
10:15 am Asset Pricing: What We Can Learn From Derivatives 10:15 am Behavioral Finance: Investor Behavior
10:15 am Corporate Governance 10:15 am Corporate Liquidity
10:15 am Financial Crises and Transmission of Shocks 10:15 am Financial Regulation: Empirics
10:15 am Portfolio Choice and Asset Allocation of Households and Long-Term Investors
10:15 am Raising Capital
1:00 pm Behavioral Corporate Finance 1:00 pm Contracts and Incentives
1:00 pm Finance and Product Market Competition 1:00 pm Liquidity: Theoretical Models
1:00 pm Market Microstructure: New Tools and New Markets 1:00 pm Politics, Policy and Asset Prices
1:00 pm The Causes and Consequences of Household Borrowing
AFE
January 5th 2:30 pm Behavioral Finance (joint with AEA)
January 6th 2:30 pm FinTech and the New Financial Landscape
January 7th 8:00 am Talent, Human Capital and Finance
10:15 am Financial Distress and Bankruptcy (joint with AFA)
AFEA
January 5th 2:30 pm Issues on African Development I 7:00 pm Presidential Address
January 6th 10:15 am Issues on African Development II
AFEE
January 5th
8:00 am Complexity, Planning, Sustainability, and Survival 10:15 am Power, Harm, and the Modern Corporation 2:30 pm Analyzing Institutions and Institutional Change 2:30 pm Monetary Institutions and Policy in Secular Stagnation
January 6th 8:00 am Enduring Insight From John R. Commons 10:15 am Money and Capital in Theory and Practice 12:30 pm Economic Development
2:30 pm Building the Good Society: Challenges and Considerations 4:45 pm Presidential Address
January 7th 8:00 am Contemporary Challenges: East and West
10:15 am Institutional Economics of Consumption, Regulation, and Law 1:00 pm Institutionalist Frontiers of Theory and Methods
AIEFS
January 5th
10:15 am Economic Growth, Development and Environment January 6th
12:30 pm Trade Flows, Capital Flows and Bank Credits
AREUEA
January 5th 8:00 am Commercial Real Estate: Valuation 8:00 am International House Pricing
10:15 am Household Finance and Consumer Behavior 10:15 am Mortgages I
10:15 am Residential Real Estate Pricing 12:30 pm Behavioral Real Estate 2:30 pm GSE
2:30 pm REITs
January 6th 8:00 am Public Assistance and Neighborhood Choice 8:00 am Topics in International Real Estate
xlii 10:15 am RAMs and Refinancing
12:30 pm Presidential Luncheon-Fee Event 2:30 pm Agency and Bargaining
2:30 pm Mortgages II
January 7th
8:00 am Commercial Real Estate: Acquisition and Capital Flows 8:00 am Real Estate Finance (joint with AFA)
8:00 am Residential Real Estate Price Formation Process
10:15 am Housing Tenure, Evictions, and Property Rights Restrictions 10:15 am Mortgages III
10:15 am Urban Economics Theory and Policy (joint with AEA) 1:00 pm Agglomeration Economies and Development
1:00 pm Commercial Real Estate: Investment Performance 1:00 pm Education and Homeownership
ARIA
January 5th
8:00 am Topics in Risk and Insurance (joint with AEA)
ASCE
January 5th 8:00 am The Cuban Economy
ASE
January 4th 6:30 pm Plenary Session and Reception
January 5th
8:00 am Financialization, Global Crisis, and Economic Stagnation
10:15 am Solidarity and Sustainability: Full Employment, Inclusion, and Social Justice
2:30 pm Democratic Crisis and the Responsibility of Economics, I (joint with AFEE)
January 6th 7:45 am Presidential Breakfast-Fee Event
10:15 am Democratic Crisis and the Responsibility of Economics, II 12:30 pm New Research in Applied Social Economics
2:30 pm Post-Crisis Economic Strains and Policy in Europe and the US January 7th
8:00 am The 2008 Economic-Financial Crisis: 10 Years After 10:15 am Realizing the Social Economy: Obstacles and Opportunities
ASGE
January 5th
8:00 am Kenneth Boulding and Future Directions of Social Science (joint with AEA/IAFFE)
January 6th 8:00 am Preferences and Altruism
12:30 pm Kenneth Boulding: Religious Influences on his Economics (joint with ACE)
ASHE
January 5th 10:15 am Immigrants and Hispanics Facing Hardships
ASHEcon
January 5th 2:30 pm Topics in Health Economics
CEANA
January 5th
2:30 pm The China Economy: Issues and Prospects (joint with AEA) January 6th
10:15 am Macroeconomics I
CES
January 6th
8:00 am Innovation, Entrepreneurship, and Chinese Economy
12:30 pm Migration, Urbanization, and Labor Market Outcomes in China 2:30 pm Trade, Technology, and the Local Economy in China
CS
January 5th 8:00 am The Political Economy of Movement 12:30 pm Topics in Macro and Monetary History 2:30 pm The Economic History of Social Issues
xliv
EHA
January 6th 10:15 am Peasants, Serfs, and Capitalists 12:30 pm Labor Markets in History
ENSA
January 6th 8:00 am Economics of National Security
EPS
January 6th
12:30 pm Are Trump Administration Policies Improving International Security? January 7th
1:00 pm Are Trump Administration Policies Improving Domestic Security?
ES
January 4th 5:30 pm Presidential Address
January 5th
8:00 am Bounded Rationality, Level-k Reasoning, and Cognitive Hierarchies 8:00 am Heterogeneous Agents and Macro
8:00 am Marriage Markets in Developing Countries 8:00 am Over-the-Counter Markets
8:00 am The Effect of Taxes and Transfers on Labor Supply, Savings, and Health Insurance
8:00 am Trade and Technology Diffusion 10:15 am Advances in International Finance
10:15 am Exchange Rates: Facts, Policy and Currency Manipulation 10:15 am Information in Networked Markets
10:15 am Invited Session on AI, Machine Learning, and Economics 10:15 am Public Economics
10:15 am Treatment Effects and Regression Discontinuity 2:30 pm Economics of Education
2:30 pm Heterogeneity in Macroeconomics: Households and Firms 2:30 pm Macroeconomics Subject to Informational Frictions
2:30 pm Structural Estimation of Network Models: Recent Advances and Applications
January 6th 8:00 am Advances in International Trade 8:00 am Departures from Rationality in Finance
8:00 am Firm Responses to Incentives and Regulation 8:00 am Large Matching Markets
8:00 am New Approaches to Modeling Strategic Interactions 8:00 am Trade, Multinationals, and Firm Dynamics 10:15 am Big Data in Time Series: Factor Models 10:15 am Bureaucrats in Developing Countries
10:15 am Estimation and Interpretation of Tax Distortions 10:15 am Imperfect Information and Learning
10:15 am Information Aggregation in Elections 10:15 am Panel and Network Data
10:15 am Urban Economics
2:30 pm Capital Flows, Volatility, and Sovereign Debt 2:30 pm Financial Intermediation
2:30 pm Market Microstructure
2:30 pm Predicting Outcomes in Games: New Directions 2:30 pm Recent Developments in Applied Macro-econometrics
January 7th 8:00 am Advances in Contest Theory
8:00 am Empirical Analyses of Health Care Reforms 8:00 am Inference and Identification Issues in Econometrics 8:00 am Misallocation and Finance
8:00 am Theoretical and Empirical Innovations in I.O. Models 8:00 am Top Income Inequality
10:15 am Advances in International Economics 10:15 am Individual and Social Discounting 10:15 am Mechanism Design Meets Development 10:15 am Monetary Policy
10:15 am Social Interactions, Networks and Fixed Effects 1:00 pm Advances in Search Theory
1:00 pm Discrete Choice Models in Action 1:00 pm Identification of Economic Models 1:00 pm JBES Invited Session: HAC Estimation 1:00 pm Political Economy
ESA
January 5th
10:15 am Experiments on Entrepreneurship and Innovation
2:30 pm Like Everybody Else: Experimental Economics of Conformity, Image, and Identity
January 6th 2:30 pm Bargaining Theory and Experiments
xlvi
HERO
January 5th
8:00 am Do New Forms of Organization in Health Care Enhance Efficiency or Harm Competition?
10:15 am Eight Years Later: Analyses of ACA Health Insurance Markets (joint with AEA)
January 6th
8:00 am Health Care Delivery: Establishing Links Between Evidence and Practice
12:30 pm Pharmaceutical Economics and Policy January 7th 8:00 am Contributed Papers in Health Economics
HES
January 5th 12:30 pm Economic Knowledge in Socialism 2:30 pm Basic Income: The Past and the Present
January 6th
2:30 pm Beyond Say’s Law: Reappraising Jean-Baptiste Say’s Political Economy
January 7th
8:00 am Physics and Financial Economics: New Transfers and New Relations (joint with AFA)
IAEE
January 6th
10:15 am Technology and the Future of Energy (joint with NABE) 12:30 pm Energy Economics, Regime Changes, and Sustainability
2:30 pm The Evolving Energy Landscape: The Roles of Economics, Policy and Technology (joint with AEA)
IAFFE
January 5th
2:30 pm Economic and Social Impact of Patriarchal Family Structures January 6th
12:30 pm Gender Inequality and Intra-Household Bargaining January 7th
IBEFA
January 5th 10:15 am Monetary Policy and Credit Markets 2:30 pm Liquidity Shocks to Markets
January 6th 8:00 am Issues in Bank Risk and TBTF
10:15 am Integrating Financial Stability with Monetary Policy (joint with AEA) 12:30 pm Loan Syndication
January 7th 8:00 am Determinants of Bank Lending
IEFS
January 5th 8:00 am International Finance and Macroeconomics 10:15 am The Economics of International Trade Agreements
IHEA
January 7th
8:00 am Pay for Performance in Health Care: International Evidence 10:15 am Health Care Organization and Outcomes: International Evidence
IOS
January 5th
10:15 am Competition in Digital Buyer-supplier platforms
12:30 pm Empirical Studies of Contracting: The Case of United States Oil and Gas Leases
2:30 pm Horizontal Practices: New Analysis of Collusion and Market Structure
ISIR
January 5th
10:15 am Aggregate Shocks and Investment Dynamics: Lessons From the Micro Data
ITFA
January 5th
10:15 am European Integration: New Challenges and New Hopes 12:30 pm The Impact of the Digital Economy
xlviii
KAEA
January 6th 8:00 am Heterogeneous Agents in Macroeconomics
10:15 am Recent Developments in Factor Models and Time Series Analysis 12:30 pm Recent Studies in Applied Microeconomics (joint with AEA)
LACEA
January 5th
8:00 am Creating Socio-emotional Skills: Evidence From Developing Countries
LERA
January 5th
8:00 am Income, Work, and Wealth: UBI, Job Guarantees, Baby Bonds, and Care Work
8:00 am Re-examination of Right-to-work Statutes: Outside the South 10:15 am $15 Minimum Wage Policies: Early Evidence (joint with AEA) 10:15 am New Evidence on the Prevalence and Implications of Contract Work 12:30 pm Labor Policy Developments in the Trump Era
12:30 pm The Effectiveness of Public Policies to Promote Employment and Safety
2:30 pm Labor Market Changes and Wealth Inequality
4:45 pm LERA Plenary and Featured Speaker: The Care Penalty and the Power Premium: Earnings Inequality in the United States
January 6th
8:00 am Potential Biases in Measurement of Wage Inequality 8:00 am Race and Gender in Employment and Education
10:15 am Evaluating Public Policies to Achieve Full Employment for Everyone 10:15 am The Role of the Employer in the Labor Market
12:30 pm A Roundtable to Honor Gordon Pavy: Remembrances on Gordon and Observations on Declining Unionization
12:30 pm Skill Matchmaking in the Modern Economy: Workers, Employers, and the Role of Educational Institutions as Intermediaries in the Employment Relationship
2:30 pm Dimensions of Wealth Inequality January 7th
8:00 am Gender Relations at Work, Labor Market and Family Policies: Outcomes on Women’s Empowerment, Career Development and Well-Being (joint with IAFFE)
1:00 pm Chronic Underemployment? Causes and Consequences for Labor Markets and Well Being
1:00 pm On the Decline of Manufacturing Productivity Growth and Employment
MEEA
January 6th
10:15 am Regional Financial Integration in the Middle East and North Africa (joint with AEA)
12:30 pm Economics of Conflict
January 7th 8:00 am Education and Youth
10:15 am Employment, Migration and Inequality
NABE
January 5th
10:15 am The United States and Global Economic Outlook
12:30 pm Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability (joint with AEA)
NAEE
January 5th
12:30 pm The Dissagregation of Value-added Learning Scores in Economic and Personal Finance Education
January 6th
12:30 pm Authors’ Secrets on How to Organize Principles Courses for Success January 7th
10:15 am Economic and Financial Capability Education: K-12 and College Studies
NAFE
January 5th
2:30 pm NAFE Presents Kenneth R. Feinberg—The Leader in Mediation and Alternative Dispute Resolution
January 6th
8:00 am Forensic Economics II—Earnings/Equity Models in Forensic Economics
10:15 am Forensic Economics III—Economic Damages
2:30 pm Forensic Economics IV—Worklife Expectancy and NAFE Survey Discussion
l
NEA
January 5th 8:00 am Crime, Education, and Racial Disparities 10:15 am The Economic Case or Health Equity
2:30 pm The Racial and Ethnic Implications of Policy in the Trump ERA (joint with ASHE)
January 6th
8:00 am African Economic Development: Regional Economic Integration (joint with AFEA)
10:15 am The Life Cycle of Inventors Past and Present (joint with AEA) 12:30 pm Introducing Social Capital to Stratification Economics: Career
Trajectories in Higher Education 6:00 pm Business Meeting and Presidential Address
January 7th
8:00 am Empirical Studies of Current Trends in Racial Inequality (joint with URPE)
10:15 am Gender Health and Elderly Health Care
NTA
January 5th 2:30 pm Property Taxes: Morale and Capitalization
ODE
January 5th
8:00 am Omicron Delta Epsilon John R. Commons Award Lecture 12:30 pm Omicron Delta Epsilon Graduate Student Session
PSSI
January 7th 8:00 am Developing Country Conflict
10:15 am Old and Modern Wars: New Considerations (joint with AEA)
SABE
January 5th
2:30 pm New Frontiers in Economics of the Household (joint with AEA)
SCE
January 7th 8:00 am Monetary Policy, Asset Prices and Welfare
SED
January 5th 8:00 am Behavioral Macroeconomics
January 6th 12:30 pm New Approaches in Measuring Uncertainty
SGE
January 5th
8:00 am Empirical Studies of Bank Deposits and Bank Lending 10:15 am Policy and Distributional Impacts
2:30 pm Low-Income Families
January 6th 8:00 am Urban Growth and Immigration 10:15 am Job Flows
2:30 pm Innovation and Welfare Issues January 7th 8:00 am Macro Shifts and Distributional Impacts
SIOE
January 7th 10:15 am Contract Governance
SNDE
January 7th
8:00 am Empirical and Theoretical Aspects of Monetary Policy
SPM
January 6th
10:15 am TrumpEconomics: A World View (joint with AEA) 12:30 pm Effects of United States Proposed Trade Policies
SSEM
January 5th 8:00 am Policies and Cycles in Emerging Markets
January 6th
8:00 am Corporate Debt, Capital and Macroprudential Challenges in Emerging Economies
