Program New Paper Sessions 24 May 2019 , Wijnhaven Building, The Hague Address: Turfmarkt 99, 2511 DP The Hague

12.30h Welcome with coffee and tea 13.00h Opening by Olaf van Vliet Plenary talk by Bas van der Klaauw "Do doctors improve the health care of their parents? 13.05h Evidence from admission lotteries" (paper with Elisabeth Artmann and Hessel Oosterbeek) 13.30h Parallel sessions 1 14.15h Short break 14.30h Parallel sessions 2 15.15h Short break 15.30h Parallel sessions 3 16.15h Short break Plenary talk by Christopher Roth "Subjective Models of the Macroeconomy: Evidence from 16.30h Experts and a Representative Sample" (paper with Peter Andre, Carlo Pizzinelli and Johannes Wohlfart) 17.10h Closing by Robert Dur 17.15h Drinks

Parallel sessions 1 Room Author(s) Speaker Affiliation

Panel 1.1 Chair/discussant: Josse Delfgaauw (EUR) 219 Mission of the company, prosocial attitudes and job preferences: a discrete-choice experiment Non, Rohde, de Grip & Dohmen Arjan Non Rabbits and Study Habits: A Field Experiment on Gert-Jan Pacesetters and Student Effort Romensen Romensen University of

Panel 1.2 Chair/discussant: Rutger Teulings (CPB) 258 Panel data measure of price discovery for Seher European equities: Is home market still dominant? Fazlioglu & Karabiyik Fazlioglu Maastricht University Leverage constraints and household debt: evidence Francesco VU , DNB, Ca from the Caloia Caloia Foscari University of Venice

Panel 1.3 Chair/discussant: Philippe van Gruisen (Leiden) 259 Affirmative Action and Intersectionality at the Anna Top: Evidence from South Africa Klasen & Minasyan Minasyan University of Groningen Lights out? Earthquakes and local economic Vincent activity Schippers Schippers

Panel 1.4 Chair/discussant: Hessel Oosterbeek (UvA) 264 Decomposing Employment Trends of Disabled Workers Vethaak & Koning Heike Vethaak Leiden University Freely choosing your physician is not always good Li & Waibel Xinyu Li University of Groningen

Panel 1.5 Chair/discussant: Olaf van Vliet (Leiden) 316 Productivity measurement in government agencies: an exploration of the possibilities in the Debora field of justice Moolenaar Moolenaar Ministry of Justice and Security The electoral consequences of corruption and integrity scandals: The case of Dutch local University of Groningen & elections Rienks Harm Rienks COELO

Panel 1.6 Chair/discussant: Jasper Lukkezen (ESB&UU) 354 The Macroeconomic Effectiveness of Bank Bail- Christiaan van ins Katz & van der Kwaak der Kwaak University of Groningen Euro area sovereign risk spillovers before and after the ECB’s OMT announcement Gilbert Niels Gilbert DNB

Parallel sessions 2

Panel 2.1 Chair/discussant: Paul Adams (AFM) 219 Self-selection into linear piece rate contracts in risky environments Dohmen, Non & Stolp Tom Stolp Maastricht University A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank Dur, Fleming, van Garderen & van Lent Max van Lent Leiden University

Panel 2.2 Chair/discussant: Timo Klein (UVA), Scherl discusses Treueren 258 Industry Revenue Dynamics in the Presence of a Nina Maria Cartel: An Empirical Assessment Scherl Scherl Maastricht University Leonard Cartel stability in experimental auctions Hinloopen, Onderstal & Treuren Treuren

Panel 2.3 Chair/discussant: Seher Fazlioglu (Maastricht) 259 Daniel Risk Incentive Compensated Bonds Vullings Vullings University of Groningen Hugo van Greasing Financial Markets van Buggenum Buggenum

Panel 2.4 Chair/discussant: Kim Fairley (Leiden) 264 Task difficulty and the gender gap in Hoyer, van Huizen, Keijzer, Rosenkranz, Rezaei & Thomas van competitiveness: Evidence from the field Westbrock Huizen Utrecht University Why are schools segregated? Evidence from the secondary-school match in Amsterdam Oosterbeek, Sóvágó, van der Klaauw Sándor Sóvágó University of Groningen

Panel 2.5 Chair/discussant: Philippe van Gruisen (Leiden) 316 Fiscal Multipliers of Different Government Thomas van Spending Categories van Gemert, Lieb & Treibich Gemert Maastricht University Social Investment, Employment Outcomes and Policy and Institutional Complementarities: A Comparative Analysis Vincent across 26 OECD countries Bakker & van Vliet Bakker Leiden University

Panel 2.6 Chair: Christian Van der Kwaak (Groningen) 354 The heat is on: A framework for measuring financial stress under disruptive energy transition David-Jan scenarios Vermeulen, Schets, Lohuis, Kölbl, Jansen & Heeringa Jansen DNB Refining clustered standard errors with few Gianmaria clusters Alessie, Angelini, Mierau, Niccodemi & Wansbeek Niccodemi University of Groningen

Parallel sessions 3

Panel 3.1 Chair/discussant: Lex Borghans (Maastricht) 219 Mandatory activation of welfare recipients: Less time equals less crime? Stam, Knoef & Ramakers Marike Knoef Leiden University The (un-)importance of relative cohort age: Simon ter Evidence from the Netherlands Oosterbeek, ter Meulen & van der Klaauw Meulen University of Amsterdam

Panel 3.2 Chair/discussant: Max van Lent (Leiden) 258 Till debt do us part: strategic divorces and a test of moral hazard Kim, Mastrogiacomo, Hochguertel & Bloemen Yeorim Kim VU Amsterdam Parental Housing Wealth and Children’s Marriage Prospects in China - Evidence from CHARLS Gao, Angelini & Alessie Ya Gao University of Groningen

Panel 3.3 Chair: David-Jan Jansen (DNB) 259 DISCRETE TIME ASSET PRICING UNDER ENDOGENOUS CHANGES IN THE KIND OF CASH- Diego FLOWS Ronchetti & Vullings Ronchetti University of Groningen Autonomous Algorithmic Collusion: Q-Learning Tinbergen Institute; University Under Sequential Competition Klein Timo Klein of Amsterdam

Panel 3.4 Chair/discussant: Sacha Kapoor (EUR) 264 Task Competencies in the Digital Economy: Their Importance after a Mass Lay-Off and Policy Implications Goos, Rademakers & Röttger Ronja Röttger Utrecht University

Panel 3.5 Chair/discussant: Lu Zhang (CPB) 316 Financial Fragility: Evidence from Dutch Jasmira Household Wiersma, Alessie, Kalwij, Lusardi & van Rooij Wiersma University of Groningen Impoverishing or Improving? The Impact of the Chinese Cultural Revolution on Lifetime Income Wang Jiyuan Wang University of Groningen