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An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics Founded December 29, 1930 Website: www.econometricsociety.org

MEMBERSHIP Joining the Econometric Society, and paying by credit card the corresponding membership rate, can be done online at www.econometricsociety.org. Memberships are accepted on a calendar year basis, but the Society welcomes new members at any time of the year, and in the case of print subscriptions will promptly send all issues published earlier in the same calendar year.

MEMBERSHIP BENEFITS • Possibility to submit papers to , Quantitative Economics,andTheoretical Economics • Possibility to submit papers to Econometric Society Regional Meetings and World Congresses • Full text online access to all published issues of Econometrica (Quantitative Economics and Theoretical Economics are open access) • Full text online access to papers forthcoming in Econometrica (Quantitative Economics and Theoretical Economics are open access) • Free online access to Econometric Society Monographs, including the volumes of World Congress invited lectures • Possibility to apply for travel grants for Econometric Society World Congresses • 40% discount on all Econometric Society Monographs • 20% discount on all John Wiley & Sons publications • For print subscribers, hard copies of Econometrica, Quantitative Economics,andTheoretical Economics for the corre- sponding calendar year

MEMBERSHIP RATES Membership rates depend on the type of member (ordinary or student), the class of subscription (print and online or online only)andthecountryofresidence(highincomeormiddleandlowincome). Theratesfor2012arethefollowing:

High Income Other Countries Ordinary Members Print and Online 1 year (2012) $120 €84 £75 $60 €42 Online only 1 year (2012) $80 €56 £50 $20 €14 Print and Online 3 years (2012–2014) $288 €202 £180 $144 €100 Online only 3 years (2012–2014) $192 €134 £120 $48 €34

Student Members Print and Online 1 year (2012) $65 €45 £40 $60 €42 Online only 1 year (2012) $25 €17 £15 $20 €14

Euro rates are for members in Euro area countries only. Sterling rates are for members in the UK only. All other members pay the US dollar rate. Countries classified as High Income by the are: Andorra, Aruba, Australia, Austria, The Bahamas, Bahrain, Barbados, Belgium, Bermuda, Brunei Darussalam, Canada, Cayman Islands, Channel Islands, Croatia, Curaçao, Cyprus, Czech Republic, Denmark, Equatorial Guinea, Estonia, Faeroe Islands, Finland, France, French Polynesia, Germany, Gibraltar, Greece, Greenland, Guam, Hong Kong (China), Hungary, Iceland, Ireland, Isle of Man, Israel, , Japan, Rep. of Korea, Kuwait, Latvia, Liechtenstein, Luxembourg, Macao (China), Malta, Monaco, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Northern Mariana Islands, Norway, Oman, Poland, Portugal, Puerto Rico, Qatar, San Marino, Saudi Arabia, Singapore, Slovak Republic, Slovenia, , St. Martin, Sweden, Switzerland, Taiwan (China), Trinidad and Tobago, Turks and Caicos Islands, United Arab Emirates, , United States, Virgin Islands (US). THE ECONOMETRIC SOCIETY

An International Society for the Advancement of Economic Theory in its Relation to Statistics and Mathematics Founded December 29, 1930 Website: www.econometricsociety.org

2012 OFFICERS Jean-Charles Rochet, University of Zurich, president , , first vice-president ,CEMFI,second vice-president Bengt Holmström, Massachusetts Institute of Technology, past president Rafael Repullo,CEMFI,executive vice-president

2012 COUNCIL

Daron Acemoglu, Massachusetts Institute of Roberto Mariano, Singapore Management University Technology Andreu Mas-Colell, Universitat Pompeu Aloisio Araujo,IMPA FabraandBarcelonaGSE , University College Akihiko Matsui,UniversityofTokyo Martin Browning,UniversityofOxford Hitoshi Matsushima,UniversityofTokyo David Card, University of California, Berkeley Rosa Matzkin, University of California, Los Angeles Andrew Chesher, University College London Andrew McLennan, University of Queensland Jacques Crémer, Toulouse School of Economics Costas Meghir,YaleUniversity Darrell Duffie, Margaret Meyer,UniversityofOxford Glenn Ellison, Massachusetts Institute of Technology Stephen Morris, Princeton University , University of Zürich Juan Pablo Nicolini, Universidad Torcuato di Tella Ian Jewitt,UniversityofOxford (*) Robert Porter, Northwestern University Michihiro Kandori,UniversityofTokyo Jean-Marc Robin, Sciences Po and Michael P. K eane, University of Technology Sydney University College London arry amuelson Lawrence J. Lau, Chinese University of Hong Kong L S ,YaleUniversity örgen eibull Charles Manski,NorthwesternUniversity J W. W , Stockholm School of Economics

The Executive Committee consists of the Officers, the Editors of Econometrica (Daron Acemoglu), Quantitative Economics (Orazio Attanasio), and Theoretical Economics (Martin J. Osborne), and the starred (*) members of the Council.

REGIONAL STANDING COMMITTEES Australasia: Andrew McLennan, University of Queensland, chair; Maxwell L. King, Monash University, secretary. Europe and Other Areas: Jean-Charles Rochet, University of Zurich, chair; Helmut Bester, Free University Berlin, secretary; Enrique Sentana, CEMFI, treasurer. Far East: Hidehiko Ichimura, University of Tokyo, chair. Latin America: Juan Pablo Nicolini, Universidad Torcuato di Tella, chair; Juan Dubra, University of Montevideo, secretary. North America: James Heckman, University of Chicago, chair; Claire Sashi, New York University, secretary. South and Southeast Asia: Arunava Sen, Indian Statistical Institute, chair.

ADMINISTRATIVE OFFICE Department of Economics, New York University, 19 West 4th Street, New York, NY 10012, USA; Tel. 212-998-3820; Fax 212-995-4487 General Manager: Claire Sashi, [email protected]