Editors: James Burns Fall 2007, No. 40 Margene Lehman Mercedes Thomas
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The Econometric Society European Region Aide Mémoire
The Econometric Society European Region Aide M´emoire March 22, 2021 1 European Standing Committee 2 1.1 Responsibilities . .2 1.2 Membership . .2 1.3 Procedures . .4 2 Econometric Society European Meeting (ESEM) 5 2.1 Timing and Format . .5 2.2 Invited Sessions . .6 2.3 Contributed Sessions . .7 2.4 Other Events . .8 3 European Winter Meeting (EWMES) 9 3.1 Scope of the Meeting . .9 3.2 Timing and Format . 10 3.3 Selection Process . 10 4 Appendices 11 4.1 Appendix A: Members of the Standing Committee . 11 4.2 Appendix B: Winter Meetings (since 2014) and Regional Consultants (2009-2013) . 27 4.3 Appendix C: ESEM Locations . 37 4.4 Appendix D: Programme Chairs ESEM & EEA . 38 4.5 Appendix E: Invited Speakers ESEM . 39 4.6 Appendix F: Winners of the ESEM Awards . 43 4.7 Appendix G: Countries in the Region Europe and Other Areas ........... 44 This Aide M´emoire contains a detailed description of the organisation and procedures of the Econometric Society within the European Region. It complements the Rules and Procedures of the Econometric Society. It is maintained and regularly updated by the Secretary of the European Standing Committee in accordance with the policies and decisions of the Committee. The Econometric Society { European Region { Aide Memoire´ 1 European Standing Committee 1.1 Responsibilities 1. The European Standing Committee is responsible for the organisation of the activities of the Econometric Society within the Region Europe and Other Areas.1 It should undertake the consideration of any activities in the Region that promote interaction among those interested in the objectives of the Society, as they are stated in its Constitution. -
Download File Are Today's Inequalities Limiting Tomorrow's Opportunities?
Equitable GrowthWashington Center forEquitable Growth ILLUSTRATION BY AUSTIN CLEMENS Are today’s inequalities limiting tomorrow’s opportunities? A review of the social sciences literature on economic inequality and intergenerational mobility October 2018 By Elisabeth Jacobs and Liz Hipple www.equitablegrowth.org Equitable Growth Are today’s inequalities limiting tomorrow’s opportunities? A review of the social sciences literature on economic inequality and intergenerational mobility October 2018 By Elisabeth Jacobs and Liz Hipple Contents 6 Fast facts 8 Overview 13 Definitions and metrics 14 Absolute or relative? 15 What does “high“ mobility look like? 24 Which resources should we measure? 26 Does high inequality today mean low mobility tomorrow? 32 How does economic inequality limit the development of human potential? 34 Health inequalities 38 Parental investment 44 Education 52 Conclusion to “how does economic inequality limit the development of human potential“ 54 How does economic inequality limit the deployment of human potential? 55 Changing structure of the labor market 62 Persistent discrimination 65 Household balance sheets and intergenerational mobility 68 Conclusion to “how does economic inequality limit the deployment of human potential“ 70 Conclusion 72 About the authors 73 Acknowledgements 74 Bibliography 87 Endnotes Fast facts Intergenerational mobility is the technical concept at the heart of the American Dream. An individual’s place on the economic distribution is supposed to reflect individual effort and talent, not parental resources and privilege. Yet this perspec- tive ignores the mounting evidence of the myriad ways that poverty and economic inequality foreclose equality of opportunity for far too many Americans now and in the future. -
Topologies on Types
Theoretical Economics 1 (2006), 275–309 1555-7561/20060275 Topologies on types EDDIE DEKEL Department of Economics, Northwestern University and School of Economics, Tel Aviv University DREW FUDENBERG Department of Economics, Harvard University STEPHEN MORRIS Department of Economics, Princeton University We define and analyze a “strategic topology” on types in the Harsanyi-Mertens- Zamir universal type space, where two types are close if their strategic behavior is similar in all strategic situations. For a fixed game and action define the dis- tance between a pair of types as the difference between the smallest " for which the action is " interim correlated rationalizable. We define a strategic topology in which a sequence of types converges if and only if this distance tends to zero for any action and game. Thus a sequence of types converges in the strategic topol- ogy if that smallest " does not jump either up or down in the limit. As applied to sequences, the upper-semicontinuity property is equivalent to convergence in the product topology, but the lower-semicontinuity property is a strictly stronger requirement, as shown by the electronic mail game. In the strategic topology, the set of “finite types” (types describable by finite type spaces) is dense but the set of finite common-prior types is not. KEYWORDS. Rationalizability, incomplete information, common knowledge, uni- versal type space, strategic topology. JEL CLASSIFICATION. C70, C72. 1. INTRODUCTION Harsanyi (1967–68) proposed, and Mertens and Zamir (1985) constructed, a universal type space into which (under some technical assumptions) any incomplete information about a strategic situation can be embedded. As a practical matter, applied researchers do not work with that type space but with smaller subsets of the universal type space. -
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JOBNAME: Bertocco PAGE: 1 SESS: 3 OUTPUT: Mon Feb 20 13:20:39 2017 Bibliography Quotations from works for which an English edition is not available have been translated by the author. Acemoglu, D. (2009), ‘The Crisis of 2008: structural lessons for and from economics’, CEPR Policy Insight, No. 28, January. Acemoglu, D. and J. Robinson (2012), Why Nations Fail: The Origins of Power, Prosperity, and Poverty, New York: Random House. Admati, A. and M. Hellwig (2013), The Bankers’ New Clothes: What’s Wrong With Banking and What to Do About It, Princeton, NJ: Princeton University Press. Akerlof, G. (1970), ‘The market for “lemons”: quality uncertainty and the market mechanism’, Quarterly Journal of Economics, 84 (3), 488–500. Akerlof, G., O. Blanchard, D. Romer and J. Stiglitz (eds) (2014), What Have We Learned? Macroeconomic Policy After the Crisis, Cambridge, MA: The MIT Press. Akerlof, G. and R. Shiller (2009), Animal Spirits: How Human Psychol- ogy Drives the Economy, and Why It Matters for Global Capitalism, Princeton, NJ: Princeton University Press. Aoki, M. (2001), ‘To the rescue or to the abyss: notes on the Marx in Keynes’, Journal of the Economic Issues, XXXV (4), 931–953. Argitis, A. (2013), ‘The illusion of the “new consensus” in macro- economics: a Minskian analysis’, Journal of Post Keynesian Eco- nomics, 35 (3), Spring, 483–505. Aristotle, Politics, translated by Benjamin Jowett (1885), accessed 14 March 2016 at www.globalgrey.co.uk/Pages/politics-aristotle.html. Arrow, K., A. Blinder, P. Diamond, E. Maskin, W. Sharpe, R. Solow, C. Schultze and L. Tyson (2011), Letter to President Obama and Con- gress, accessed 11 January 2016 at www.cbpp.org/sites/default/files/ atoms/7-19-11bad-pr-sig.pdf. -
Allied Social Science Associations Atlanta, GA January 3–5, 2010
Allied Social Science Associations Atlanta, GA January 3–5, 2010 Contract negotiations, management and meeting arrangements for ASSA meetings are conducted by the American Economic Association. i ASSA_Program.indb 1 11/17/09 7:45 AM Thanks to the 2010 American Economic Association Program Committee Members Robert Hall, Chair Pol Antras Ravi Bansal Christian Broda Charles Calomiris David Card Raj Chetty Jonathan Eaton Jonathan Gruber Eric Hanushek Samuel Kortum Marc Melitz Dale Mortensen Aviv Nevo Valerie Ramey Dani Rodrik David Scharfstein Suzanne Scotchmer Fiona Scott-Morton Christopher Udry Kenneth West Cover Art is by Tracey Ashenfelter, daughter of Orley Ashenfelter, Princeton University, former editor of the American Economic Review and President-elect of the AEA for 2010. ii ASSA_Program.indb 2 11/17/09 7:45 AM Contents General Information . .iv Hotels and Meeting Rooms ......................... ix Listing of Advertisers and Exhibitors ................xxiv Allied Social Science Associations ................. xxvi Summary of Sessions by Organization .............. xxix Daily Program of Events ............................ 1 Program of Sessions Saturday, January 2 ......................... 25 Sunday, January 3 .......................... 26 Monday, January 4 . 122 Tuesday, January 5 . 227 Subject Area Index . 293 Index of Participants . 296 iii ASSA_Program.indb 3 11/17/09 7:45 AM 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 Eighteen hotels are being used for all housing. -
Prosperity Economics Building an Economy for All
ProsPerity economics Building an economy for All Jacob S. Hacker and Nate Loewentheil ProsPerity economics Building an economy for All Jacob S. Hacker and Nate Loewentheil Creative Commons (cc) 2012 by Jacob S. Hacker and Nate Loewentheil Notice of rights: This book has been published under a Creative Commons license (Attribution-NonCom- mercial-NoDerivs 3.0 Unported; to view a copy of this license, visit http://creativecommons.org/licenses/ by-nc-sa/3.0/). This work may be copied, redistributed, or displayed by anyone, provided that proper at- tribution is given. ii / prosperity economics About the authors Jacob S. Hacker, Ph.D., is the Director of the Institution for Social and Policy Studies (ISPS), the Stanley B. Resor Professor of Political Science, and Senior Research Fellow in International and Area Studies at the MacMil- lan Center at Yale University. An expert on the politics of U.S. health and social policy, he is author of Winner-Take-All Politics: How Wash- ington Made the Rich Richer—And Turned Its Back on the Middle Class, with Paul Pierson (September 2010, paperback March 2011); The Great Risk Shift: The New Economic Insecurity and the Decline of the American Dream (2006, paperback 2008); The Divided Welfare State: The Battle Over Public and Private Social Benefits in the United States (2002); and The Road to No- where: The Genesis of President Clinton’s Plan for Health Security (1997), co-winner of the Brownlow Book Award of the National Academy of Public Administration. He is also co-author, with Paul Pierson, of Off Center: The Republican Revolution and the Erosion of American Democracy (2005), and has edited volumes, most recently, hared Responsibility, Shared Risk: Government, Markets and Social Policy in the Twenty-First Century, with Ann O'Leary (2012). -
Interim Correlated Rationalizability
Interim Correlated Rationalizability The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Dekel, Eddie, Drew Fudenberg, and Stephen Morris. 2007. Interim correlated rationalizability. Theoretical Economics 2, no. 1: 15-40. Published Version http://econtheory.org/ojs/index.php/te/article/view/20070015 Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:3196333 Terms of Use This article was downloaded from Harvard University’s DASH repository, and is made available under the terms and conditions applicable to Other Posted Material, as set forth at http:// nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#LAA Theoretical Economics 2 (2007), 15–40 1555-7561/20070015 Interim correlated rationalizability EDDIE DEKEL Department of Economics, Northwestern University, and School of Economics, Tel Aviv University DREW FUDENBERG Department of Economics, Harvard University STEPHEN MORRIS Department of Economics, Princeton University This paper proposes the solution concept of interim correlated rationalizability, and shows that all types that have the same hierarchies of beliefs have the same set of interim-correlated-rationalizable outcomes. This solution concept charac- terizes common certainty of rationality in the universal type space. KEYWORDS. Rationalizability, incomplete information, common certainty, com- mon knowledge, universal type space. JEL CLASSIFICATION. C70, C72. 1. INTRODUCTION Harsanyi (1967–68) proposes solving games of incomplete -
Economic Report of the President.” ______
REFERENCES Chapter 1 American Civil Liberties Union. 2013. “The War on Marijuana in Black and White.” Accessed January 31, 2016. Aizer, Anna, Shari Eli, Joseph P. Ferrie, and Adriana Lleras-Muney. 2014. “The Long Term Impact of Cash Transfers to Poor Families.” NBER Working Paper 20103. Autor, David. 2010. “The Polarization of Job Opportunities in the U.S. Labor Market.” Center for American Progress, the Hamilton Project. Bakija, Jon, Adam Cole and Bradley T. Heim. 2010. “Jobs and Income Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U.S. Tax Return Data.” Department of Economics Working Paper 2010–24. Williams College. Boskin, Michael J. 1972. “Unions and Relative Real Wages.” The American Economic Review 62(3): 466-472. Bricker, Jesse, Lisa J. Dettling, Alice Henriques, Joanne W. Hsu, Kevin B. Moore, John Sabelhaus, Jeffrey Thompson, and Richard A. Windle. 2014. “Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances.” Federal Reserve Bulletin, Vol. 100, No. 4. Brown, David W., Amanda E. Kowalski, and Ithai Z. Lurie. 2015. “Medicaid as an Investment in Children: What is the Long-term Impact on Tax Receipts?” National Bureau of Economic Research Working Paper No. 20835. Card, David, Thomas Lemieux, and W. Craig Riddell. 2004. “Unions and Wage Inequality.” Journal of Labor Research, 25(4): 519-559. 331 Carson, Ann. 2015. “Prisoners in 2014.” Bureau of Justice Statistics, Depart- ment of Justice. Chetty, Raj, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nich- olas Turner. 2014. “Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility.” NBER Working Paper 19844. -
14.461: Part I: Technological Change
14.461: Part I: Technological Change Daron Acemoglu September 13, 2011 This course will cover selected topics in theoretical and empirical analysis of technological change. The course will draw both on Acemoglu, Introduction to Modern Economic Growth, Princeton University Press, 2008, and research articles. There will be three problem sets, which will count towards 30% of your …nal grade for this part of the course. The remaining 70% will be from a one half hour …nal examination at the end of the course (time to be determined). Topics Review of Basic Models of Endogenous Technological Progress (two lectures) Main reading: Acemoglu, Daron (2008) Introduction to Modern Economic Growth, Chap- ters 13 and 14. Jones, Charles I (1995) “Timeseries Tests of Endogenous Growth Models” Quarterly Journal of Economics, 110. Other references: Aghion, Philippe and Peter Howitt (1992) “A Model of Growth Through Creative Destruction”Econometrica, 60, 323-351 Aghion, Philippe and Peter Howitt (2008) The Economics of Growth, MIT, Cambridge. Backus, David, Patrick J. Kehoe and Timothy J. Kehoe (1992) “In Search of Scale E¤ects in Trade and Growth.” Journal of Economic Theory, 58, pp. 377-409. Grossman, Gene and Elhanan Helpman (1991) “Quality Ladders in the The- ory of Growth”Review of Economic Studies, 58, 43-61. Moser, Petra (2005) “How Do Patent Laws In‡uence Innovation? Evidence from Nineteenth-Century World Fairs” American Economic Review 95, 1214- 1236. Romer, Paul (1987) “Growth Based on Increasing Returns due to Special- ization”American Economic Review Papers and Proceedings, 77, 56-62 1 Romer, Paul M. (1990) “Endogenous Technological Change,” Journal of Political Economy 98, S71-S102. -
Technological Change
14.461: Part I: Technological Change Daron Acemoglu August 29, 2013 This course will cover selected topics in theoretical and empirical analysis of technological change. The course will draw both on Acemoglu, Introduction to Modern Economic Growth, Princeton University Press, 2008, and various research articles. There will be three problem sets, which will count towards 30% of your final grade. The remaining 70% will be from a project due in November (exact time to be determined). This project will either be a proposal for a research article, or application of an empirical paper from a prearranged list, or a detailed critique and extension of an existing theoretical article. More details on the available choices for the project will be provided later. Course details: My e-mail: [email protected]. Lectures: TuTh 1-2:30, E51-361. Recitation: F 2:30-4, E51-361. Teaching Assistant: Dana Foarta e-mail: [email protected]. Topics Review of Basic Models of Endogenous Technological Progress (one lecture) Main reading: Acemoglu, Daron (2008) Introduction to Modern Economic Growth, Chap- ters 13 and 14. Aghion, Philippe and Peter Howitt (1992) “A Model of Growth Through Creative Destruction”Econometrica, 60, pp. 323-351. Other references: Aghion, Philippe and Peter Howitt (2008) The Economics of Growth, MIT, Cambridge. 1 Backus, David, Patrick J. Kehoe and Timothy J. Kehoe (1992) “In Search of Scale Effects in Trade and Growth.” Journal of Economic Theory, 58, pp. 377-409. Grossman, Gene and Elhanan Helpman (1991) “Quality Ladders in the The- ory of Growth”Review of Economic Studies, 58, pp. 43-61. -
How Experiments with Children Inform Economics
NBER WORKING PAPER SERIES HOW EXPERIMENTS WITH CHILDREN INFORM ECONOMICS John A. List Ragan Petrie Anya Samek Working Paper 28825 http://www.nber.org/papers/w28825 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 May 2021 Corresponding author: John List, University of Chicago, [email protected]. For helpful comments, we thank Steven Durlauf, Isabelle Brocas, Juan Carrillo, Asadul Islam, Justin Holz, Uditi Karna, Ariel Listo, and participants at a variety of seminars/conference presentations and three anonymous referees at the Journal of Economic Literature. For research assistance, we thank Kevin Sokal, Tarush Gupta, Andre Gray, Jessica Lopez, Andrew Yu, Haruka Uchida, Michael Cuna, Shreemayi Samujjwala, Meredith Birdsong, Adam Dessouky and students at the Behavioral and Experimental Economics (BEE) research group. This research was funded by the Kenneth and Anne Griffin Foundation and by NIH grant 1R01DK114238. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2021 by John A. List, Ragan Petrie, and Anya Samek. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. How Experiments with Children Inform Economics John A. List, Ragan Petrie, and Anya Samek NBER Working Paper No. 28825 May 2021 JEL No. C9,D1,J1 ABSTRACT In the past several decades the experimental method has lent deep insights into economics. -
Behavioral Economics of Education: IZA DP No
IZA DP No. 8853 Behavioral Economics of Education: Progress and Possibilities Adam M. Lavecchia Heidi Liu Philip Oreopoulos February 2015 DISCUSSION PAPER SERIES Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Behavioral Economics of Education: Progress and Possibilities Adam M. Lavecchia University of Toronto Heidi Liu Harvard University Philip Oreopoulos University of Toronto, NBER, CIFAR and IZA Discussion Paper No. 8853 February 2015 IZA P.O. Box 7240 53072 Bonn Germany Phone: +49-228-3894-0 Fax: +49-228-3894-180 E-mail: [email protected] Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but the institute itself takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character.