Annual Congress of the European Economic Association
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EEA 2015 EAN OP Ec R o U n E o m i c A S S O C 5 1 I A 0 T 2 I O N 30TH ANNUAL CONGRESS OF THE EUROPEAN ECONOMIC ASSOCIATION MANNHEIM 24-27 AUGUST 2015 1 A4 A2 A1 L1 L2 L3 L6 L8 A3 L4 Bismarckstraße Main Entrance Bismarckstraße Registration Aula W Katakomben L5 L7 L9 O 3-5 SN Schnecken- L9 Mensaria EW Ehrenhof EO hof SO 1-2 HAYS Forum M A3 EW EO M O SN SO L7, 3-5 L9, 1-2 Audimax A3 EW 086 EO 145 M 003 O 026-028 SN 163 SO 108 1 001 EW 148 EO 150 O 048-050 SN 169 SO 115 457 004 EW 151 EO 154 O 101 SO 133 458 EW 154 EO 157 O 126 SO 318 P 043 EW 156 EO 184 O 128 SO 322 S 031 EW 159 EO 186 O 129 SO 422 EO 256 O 131 O 133 O 135 O 138 O 142 O 145 O 148 O 151 CAMPUS MAP O 226/28 2 EO EW M 0 SN SO Katakomben and Hays Forum (food stations) MAP OF CASTLE WITH THE FOLLOWING SECTIONS HIGHLIGHTED: CAMPUS MAP WITH THE BUILDING IN USE FOR EEA MANNHEIM 2015 INSIDE FRONT COVER EEA 2015 ADVERTISING ADVERTISING Frontiers of Economics in China IMF (Full Text Free Download) IMF FEC Call for Papers (in colour) (b & w) Publications Frontiers of Economics in China (FEC) is one of the English • Leading edge research meets innovative publishing journals under the umbrella of the Frontiers in China launched in 2006 by China’s Ministry of Education. Co-sponsored by • Reaching a diverse community of millions worldwide Higher Education Press and Shanghai University of Finance and • Keeping readers in touch with global economic Economics (SUFE), FEC is a double-blind peer-reviewed and nancial issues economics journal and available both online and in hard-copy. The journal 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. Online Submission: http://mc.manuscriptcentral.com/fec 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 Contact Information Websites: (Full Text Free Download) Use code eea15 to receive http://journal.hep.com.cn/fec a 20% conference discount http://econpapers.repec.org/article/fecjournl with your online order. http://iar.shufe.edu.cn/structure/iar/fec Email: [email protected] Tel: +86-21-6590 2681 Add: Frontiers of Economics in China (FEC) Institute for Advanced Research, SUFE imfbookstore.org/eea15 111 Wuchuan Rd, Yangpu District, Shanghai 200433, China INTERNATIONAL MONETARY FUND EEA 2015 EEA 2015 CONTENTS PROGRAM OVERVIEW Monday August 24 PROGRAM OVERVIEW 7 10:00 onwards Registration Opens 12:30 - 13:30 EEA Standing Committee on Education Panel SCIENTIFIC OVERVIEW WITH SESSION TITLES AND ROOMS 8 12:30 - 13:30 European Research Council (ERC) Grant Application Session 13:30 - 14:00 Lunch for participants of EEA Education and ERC sessions WELCOME TO MANNHEIM! 16 14:00 - 15:30 Contributed Sessions 1 15:30 - 16:00 Coffee Break FOREWORD 18 16:00 - 17:30 Contributed Sessions 2 17:45 - 19:00 Schumpeter Lecture A THANK YOU NOTE FROM THE EEA PROGRAM CHAIR 18 19:00 - 20:30 Welcome Reception EEA MANNHEIM 2015 GENERAL INFORMATION 19 Tuesday August 25 08:30 - 10:30 Invited Sessions 1 EEA MANNHEIM 2015 SOCIAL PROGRAM 22 10:30 - 11:00 Coffee Break 11:00 - 12:30 Contributed Sessions 3 EEA MANNHEIM 2015 EXHIBITION 23 12:30 - 14:00 Lunch 12:30 - 14:00 Poster Session 1 EEA INSTITUTIONAL MEMBERS SPONSORSHIP OF INVITED SESSIONS 26 12:40 - 13:50 European Central Bank Session 14:00 - 15:30 Contributed Sessions 4 EEA MANNHEIM 2015 SPONSORS 28 15:30 - 16:00 Coffee Break 16:00 - 17:30 Contributed Sessions 5 EEA AWARD PRESENTATIONS AND MEMBER MEETING 30 17:45 - 19:00 Marshall Lecture WOMEN IN ECONOMICS MENTORING RETREAT 31 Wednesday August 26 08:30 - 10:30 Invited Sessions 2 EEA MANNHEIM 2015 PROGRAM COMMITTEE 32 10:30 - 11:00 Coffee Break 11:00 - 12:30 Contributed Sessions 6 DETAILED SCIENTFIC PROGRAM 34 12:30 - 14:00 Lunch Monday August 24 34 12:30 - 14:00 Poster Session 2 Tuesday August 25 50 12:40 - 13:50 The Euro Crisis Session Wednesday August 26 72 14:00 - 15:30 Contributed Sessions 7 Thursday August 27 94 15:30 - 16:00 Coffee Break 16:00 - 17:30 Contributed Sessions 8 LIST OF PRESENTERS (IN ALPHABETICAL ORDER) AND SESSION NUMBERS 109 17:45 - 19:00 EEA Presidential Address 19:00 - 19:30 EEA General Assembly NOTES 131 Thursday August 27 08:30 - 10:30 Invited Sessions 3 10:30 - 11:00 Coffee Break 11:00 - 12:30 Contributed Sessions 9 12:30 - 14:00 Lunch 12:30 - 14:30 Poster Session 3 12:40 - 13:50 MaCCI - Mannheim Center for Competition and Innovation Panel 14:00 - 15:30 Contributed Sessions 10 15:30 - 16:00 Coffee Break 16:00 - 17:15 Nobel Prize Session 18:30 - 23:00 End of Congress Party 6 7 EEA 2015 EEA 2015 SCIENTIFIC OVERVIEW WITH SESSION TITLES AND ROOMS FINANCIAL INSTITUTIONS AND MARKETS: INSIGHTS FROM ECONOMICS AND HISTORY O151 MONDAY AUGUST 24 FINANCIAL MARKETS AND THE MACROECONOMY O226/228 GERMAN LABOR MARKET DYNAMICS L7, 3-5, S031 12:30 - 13:30 Lunch Session 1 IMMIGRANTS‘ EDUCATION, ASSIMILATION, AND LANGUAGE PROFICIENCY ACADEMIA TO PUBLIC POLICY: WHAT SHOULD WE TEACH OUR STUDENTS? L9, 1-2, 004 SN163 INTERNATIONAL ECONOMICS: FIRM DYNAMICS EW151 GETTING FUNDING IN ECONOMICS: EXPERIENCE WITH THE ERC APPLICATIONS PROCESS LABOR MARKETS I O145 SN169 LOCAL PUBLIC ECONOMICS EW154 MACRO DEVELOPMENT II EO154 14:00 - 15:30 Contributed Sessions 1 MACRO FINANCE I EW156 BANKING I EW156 NONDEMOCRATIC POLITICS EO150 BEHAVIORAL AND EXPERIMENTAL ECONOMICS: BEHAVIORAL EFFECTS IN INTERTEMPORAL SETTINGS POLITICS AND FINANCE L7, 3-5, P043 O48-50 RECENT ADVANCES IN MICROECONOMETRICS II EO256 DEVELOPMENT: WAGES, TAXES, AND CONSUMPTION DYNAMICS EO157 RENEWABLE ENERGY L7, 3-5 458 ECONOMIC THEORY: AUCTIONS AND PROCUREMENT O129 RISK MANAGEMENT IN BANKS AND NON-FINANCIALS EW148 ECONOMICS OF EDUCATION: FAMILIES AND INEQUALITY L9, 1-2 001 ROLE OF CREDIT FRICTIONS AND BANKING FOR ECONOMIC ACTIVITY EO157 EMPIRICAL MACROECONOMICS EW151 TOPICS IN RISK AND INSURANCE O131 ENVIRONMENTAL ECONOMICS I EO150 UNCONVENTIONAL MONETARY POLICY O135 EXPERIMENTAL ECONOMICS: COMPETITION EW148 HEALTH ECONOMICS I L7, 3-5 P043 17:45 - 19:00 Plenary Session 1 HIRING AND FIRING OVER THE BUSINESS CYCLE O133 SCHUMPETER LECTURE Audimax, A3 INTERNATIONAL ECONOMICS: NEW APPROACHES TO FIRM HETEROGENEITY O138 IO: DEMAND AND PRICING I O151 TUESDAY AUGUST 25 IO: MARKET STRUCTURE O148 LABOR ECONOMICS L7,3-5 S031 08:30 - 10:30 Invited Sessions 1 LABOR MARKETS IN THE RECESSION O145 ADVANCES IN INTERNATIONAL TRADE AND GEOGRAPHY SN 163 MACRO DEVELOPMENT I EO154 (Sponsored by Banca d’Italia) MACROPOLICIES AND FINANCIAL STABILITY L7, 3-5, 1 BEHAVIORAL INDUSTRIAL ORGANIZATION EO 145 PERSONNEL ECONOMICS O142 MACROECONOMICS WITH IMPERFECT COMMON KNOWLEDGE POLICY IN THE OPEN ECONOMY O226/228 (Sponsored by Bank of England) SN 169 POSITIVE POLITICAL ECONOMY L7, 3-5 458 PUBLIC POLICIES AND CHILD DEVELOPMENT M 003 PRICE RIGIDITIES AND DISTRIBUTIONAL CONSEQUENCES OF MONETARY POLICY O135 11:00 - 12:30 Contributed Sessions 3 PUBLIC ECONOMICS: TAX EVASION EW154 AGING AND EDUCATION: MODELS OF ENDOGENOUS FISCAL POLICY O131 REAL EFFECTS OF FINANCIAL SHOCKS EW159 APPLIED MICROECONOMICS: PEER EFFECTS EW148 RECENT ADVANCES IN MICROECONOMETRICS I EO256 BANKING II O133 TOPICS IN MACRO PUBLIC FINANCE O131 BEHAVIORAL AND EXPERIMENTAL ECONOMICS: THE WINNER‘S CURSE AND OVERCONFIDENCE EW159 16:00 - 17:30 Contributed Sessions 2 CORPORATE OWNERSHIP AND GOVERNANCE O142 BEHAVIORAL AND EXPERIMENTAL ECONOMICS: RISK PREFERENCES O129 DEVELOPMENT: GROWTH AND TRADE EO157 CHILD CARE AND MOTHERS‘ LABOR SUPPLY O142 DYNAMIC MICROECONOMETRICS EW154 COST OF RECESSIONS O133 ECONOMIC THEORY: EXPERIMENTATION O48-50 DEVELOPMENT: AID AND INSTITUTIONS O138 ENVIRONMENTAL ECONOMICS II L7, 3-5 458 ECONOMIC THEORY: ECONOMIC MECHANISMS O148 FIELD EXPERIMENTS IN LABOR ECONOMICS O129 ECONOMIC THEORY: RELATIONSHIPS AND REPUTATION O48-50 FINANCIAL CRISIS AND REGULATION EW156 ECONOMICS OF EDUCATION: INSTRUCTION L9, 1-2 001 FIRM-LEVEL RESPONSES TO GLOBALIZATION EW151 ECONOMICS OF SCHOOLING I EW 159 GROWTH AND INCOME DISTRIBUTION O145 EXCHANGE RATES AND TRADE L7,3-5, 1 HETEROGENEOUS AGENTS: FISCAL POLICY AND CONSUMPTION O226/228 8 9 EEA 2015 EEA 2015 INTERNAL MIGRATION L9, 1-2, 001 16:00 - 17:30 Contributed Sessions 5 INTERNATIONAL ECONOMICS: NETWORKS, INSTITUTIONS AND DEVELOPMENT BUSINESS CYCLES II O135 L9, 1-2, 004 CLIMATE POLICY L7, 3-5 458 INTERNATIONAL TRADE AND MACROECONOMICS L7, 3-5, 1 CONSUMPTION, LABOR AND SAVINGS EO157 IO: CONTRACTS O151 CRIME - CANCELLED - L7, 3-5, P043 IO: INFORMATION IN PRODUCT MARKETS O148 ECONOMIC THEORY: DYNAMIC AGENCY O148 LABOR MARKET SEARCH I O135 ECONOMIC THEORY: NETWORKS EW148 LABOR SUPPLY EO256 ECONOMIC THEORY: PERSUASION O48-50 MACRO DEVELOPMENT III EO154 ECONOMICS OF EDUCATION II O138 MICROECONOMETRICS L7, 3-5 P043 ECONOMICS OF HEALTH AND EDUCATION L9, 1-2 001 REDISTRIBUTIVE EFFECTS OF MONETARY POLICY O138 ENDOGENOUS MECHANISM CHOICE AND TYPE REVELATION IN THE LABORATORY TOPICS IN POLITICAL ECONOMY EO150 O129 WAGES AND LABOR SUPPLY L7, 3-5, S031 FAMILY ECONOMIES I O142 FISCAL SHOCKS AND MACROECONOMICS L9, 1-2, 004 12:30 - 14:00 POSTER SESSION 1 O 101 (Aula) FRICTIONAL LABOR MARKETS O133 HOUSEHOLD FINANCE EW159 12:40 - 13:50 Lunch Session 2 INCENTIVES IN POLITICS EO150 EFFECTS OF NON-STANDARD MONETARY POLICY MEASURES: EVIDENCE AND CHALLENGES (Organized INTERGENERATIONAL MOBILITY L7, 3-5, S031 by European Central Bank) SO 108 INTERNATIONAL ECONOMICS: TRADE AND INEQUALITY EW151 INTERNATIONAL FINANCE L7, 3-5, 1 14:00